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« Birds do it | Main | Moving NC into the 20th Century »

Feb 15, 2009


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As usual, that was pathetic. At least the four booger eating morons who didn't know are up to speed.

Your mediocrity is the Greensboro Disease.

comment edited: families are off-limits.


I don't think you can over-estimate the need for the most basic information on the economic situation. I am astounded by the the lack of understanding I hear in daily conversation.


Sit on the fence and you can never be wrong.

Ed Cone

Sure you can.

But as applied to this column, your comment suggests that anything other than panic or denial is fence-sitting, which also is incorrect.


Not it was applied to this:

"My take is that we have some very tough times ahead and that with some thoughtful action we'll get through them."

No mention of what that "thoughtful action" might be.

Jeffrey Sykes

Saw mention of Republican rhetoric in this thoughtful column. Saw this in another publication:

"President Barack Obama has turned fearmongering into an art form. He has repeatedly raised the specter of another Great Depression. First, he did so to win votes in the November election. He has done so again recently to sway congressional votes for his stimulus package."

Ed Cone

Can't fit everything into one column. If one is in denial or panic, there's no need to act. In terms of what action to take, I think a stimulus bill was a good start. Fixing the banks is critical, with stress testing the first step.


Good article. I think to one degree, the govt is in denial about the solvency of some banks, and banks are in denial about the price of assets. Many of the people who are panicking are the many who are out of work. This is the worst overall job environment I've seen, and in my field of electronics even worse than the tech crash of 01. One job of the stimulus is to quell that panic, by putting some of those people back to work directly, and stimulating the economy enough to have jobs created for some others.

In Chapel Hill over the weekend I saw at least one building on UNC's campus being renovated, and in Winston Salem at least one middle school being expanded. If there are similar plans being delayed, hopefully the stimulus kick-starts them.


"no one's panicing except the ones peddling the stimulus. the same ones are denying their responsibility in the panic they are peddling. "

Posted by: Beelzebubba | Feb 16, 2009 at 01:33 AM

Ed Cone

Well, the end-of-civil-society folks are panicking, so this statement is untrue on its face.

And one can argue that the bill just passed is not the right response, but casting it as panic seems to put you in the denial camp.

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