Lounge of Tomorrow - All About McCain

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scae: because no matter how much we think their opinion doesn't matter, it does, and it does affect us, financially, militarily, and otherwise.

Case in point - when Poland is perceived as weak, it gets invaded.

Really, scaeagles. We're not saying you should necessarily care because of the FACT that our reputation has sufferered, but rather because there are tangible effects of that diminished reputation.

Set aside that you don't care about what the pot thinks of the kettle. Does it bother you if the pot won't cooperate with the kettle in the kitchen because the kettle's turned black (and no one recognizes black quicker than the pot)??

Quote:

Originally Posted by Ghoulish Delight (Post 243677)

Except it didn't use to be that way. It used to be that when other markets were faltering, they'd be looking to us for help. I think it IS significant to note that the rest of the world appears to have diminished respect for our economic stature, especially in a world where we are increasingly reliant on world consumer confidence. It's not about whether we're having the same problems as everyone else, it's about whether we are still perceived as the economic leaders of the world. Economics is 100% perception. Money has no value unless people think it has value.

That's not to say that a few individual opinions are absolute proof of anything, but if we want to get back on a path to recovery, you have to look at more than market indexes and exchange rates. The dollar may have gained a bit of strength in recent weeks, but if there's a growing perception of weakness it will not last.

Excellent post.

There are many experts who have been bearish on the US economy in the long term. Knowing that, and seeing it come true, bothers me, because they also didn't see much hope for us regaining our stature.

I don't believe for a second that the pot isn't going to work with the kettle. This is all opportunistic bluster, IMO.

Europe in particular has been openly trying to challange the US as the economic leader of the world.... I believe the some french official said they wanted to be a counter balance to the US. Thus the Euro, the European Union, etc, etc, etc. This is a chance for them to play international politics and criticize that which they wish to replace. You will counter that this isn't about the leadership of Europe, but about the people, but the leadership sets the policies.

This is why I lend no credence to it. They want to be in the position we have occupied, so of course they will criticize us.

The position we occupy? In massive debt to the rest of the world, unable to afford our own labor costs, and an insurmountable trade deficit? Oh yeah, I'd sooooo envy us too.

Quote:

Originally Posted by BarTopDancer (Post 243694)

BTD for VP!

Quote:

Originally Posted by Ghoulish Delight (Post 243696)

BTD for VP!

But I can't see Russia from my house!! Though I've been to Canada and Mexico.

Someone has to update the debate on twitter, or text me. This is going to be bad. More Couric Interviews

Last night's Letterman

Top Ten Things Overheard at Sarah Palin's Debate Camp

10 "Let's practice your bewildered silence"

9 "Can you try saying 'Yes' instead of 'You betcha'?"

8 "Hey, I can see Mexico from here!"

7 "Maybe we'll get lucky and there won't be any questions about Iraq, taxes, or health care"

6 "We're screwed!"

5 "Can I just use that lipstick-pit bull thing again?"

4 "We have to wrap it up for the day -- McCain eats dinner at 4:30"

3 "Can we get Congress to bail us out of this debate?"

2 "John Edwards wants to know if you'd like some private tutoring in his van"

1 "Any way we can just get Tina Fey to do it?"

Or, watch it here