ECON Time Line of Events..

zealotbat

Senior Member
I found this to be interesting.......a small blurb in here showing a time line of events. I believe it was published in May of 2008.

http://www.financialsense.com/editorials/droke/2008/0519.html



Also found this to ring true......

How have the authorities responded to the problems that Americans are now facing? The Congresses’ response to the economic malaise has been the approval of a “tax relief” bill which provides a few paltry hundreds for the purpose of stimulating the retail economy. But will this measure succeed in winning a vote of confidence from the people?

Let’s turn once again to the wisdom of the one of Machiavelli for the answer. Machiavelli, in his Discourses on Livy, wrote that “no ruler should…wait for dangerous times in order to win over the populace.” He stated further that “in the eyes of the populace, it will not be that ruler who grants them their new benefits, but his enemy, and they will have every reason to fear that once the adversity has passed, their ruler will take back what he was forced to give. Consequently, the populace will not feel bound to him in any way.”
 
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