Phil Gramm, who now is the No. 2 at the Swiss bank UBS, told The Washington Times the U.S. has benefited from globalization but most Americans are misguided by constant reports that the economy is ...
Phil Gramm, who now is the No. 2 at the Swiss bank UBS, told The Washington Times the U.S. has benefited from globalization but most Americans are misguided by constant reports that the economy is at its worst in 30 years.
"You've heard of mental depression; this is a mental recession," Gramm, a former Texas senator, told the newspaper, adding that the presumptive Republican nominee will face an uphill battle fighting those perceptions.
"We have sort of become a nation of whiners," he said. "You just hear this constant whining, complaining about a loss of competitiveness, America in 'decline' despite a major export boom that is the primary reason that growth continues in the economy."
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The U.S. is the cancer of our planet is a country that has no history, and who wants to learn what democracy in the world, they bring in the world that misfortune, this People bad for our planet!
war, crimes, violence, obesity, all that is bad for our planet comes from this country
America is not to blame, it's the damned previous Bush government and the 1% of the wealthiest who deregulate and steal from those of us who actually work for a living. We American People have been fed up with this for years. More than 50% of our country voted for OBAMA to get rid of this corruption. Which by the way is not just limited to Americans, but world wide. Phil Gramm should be charged with TREASON along with all the rest of the Banking/Oil industry corporate money mongers.
I guess "pursuit of happiness" is no longer an option even if you bust your a**es to get it!
Wouldnt it be nice if the middle class could save up and retire, conserve as much as possible, bond together, and let the "Elite" be the "fundamentals of the economy".
Repub/Cheney/Bush/McCain/Gramm crony capitalism is just like Soviet communism...it works in theory and theory only.
We're now seeing what happens when theory turns out not to match reality.
A common-sense, sensibly regulated market economy, that steadily and slowly grows, instead of booms, and then busts, has been and will be the best option for American society rather than a crony-capitalist casino disguised as a free market.
Mr. Gramm doesn't like it, but that doesn't make us whiners.
I was glad to hear that Americans are nation of whiners because it is true. Americans are a bunch of ignorant, bigoted, mad whiners. Oh, if you only knew how much I hate Americans and I am glad to hear it.
You grow up! Your boy - Phil Gramm - was whining about how the American People feel. I laughed when Phil Gramm was forced to step down from McCain's campaign and then WHINED about the liberal media making an issue about his statements. What a big baby!
Yeah people. If Americans took time to compare their so called "crisis" or "recession" with how most of the rest of the world lives, how they don't even have an option for a home, and how crisis and hunger is real, you'll find that indeed americans are a "bunch of whiners".
This is the man that has CAUSED the mortgage crisis thousands of Americans are suffering from. Home values are dropping, equity is vanishing and this guy is writing John McCain's Economic Plan????
I don't see any truth to what this arrogant piece of shit says. He is of the rich elitist and therefore is not affected by this economic disaster that is hurting the rest of us. This mother fucker received $900,ooo in lobbyist fees from Swiss Owned Bank USB for brokering the deregulation of the mortgage industry. This has ruined the housing market with shoddy loans and crooked acts. He is now sitting on their Board of Directors! How is this not a conflict of interest as Senator?
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war, crimes, violence, obesity, all that is bad for our planet comes from this country
Phil Gramm should be charged with TREASON along with all the rest of the Banking/Oil industry corporate money mongers.
Wouldnt it be nice if the middle class could save up and retire, conserve as much as possible, bond together, and let the "Elite" be the "fundamentals of the economy".
Obama 08!
We're now seeing what happens when theory turns out not to match reality.
A common-sense, sensibly regulated market economy, that steadily and slowly grows, instead of booms, and then busts, has been and will be the best option for American society rather than a crony-capitalist casino disguised as a free market.
Mr. Gramm doesn't like it, but that doesn't make us whiners.
If Americans took time to compare their so called "crisis" or "recession" with how most of the rest of the world lives, how they don't even have an option for a home, and how crisis and hunger is real, you'll find that indeed americans are a "bunch of whiners".
grow up!!!
Enough.
♥ Obama/Biden 08 ♥