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Getbig Main Boards => Politics and Political Issues Board => Topic started by: 240 is Back on October 12, 2009, 07:39:59 AM
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No doubt, warranted or not, the milestone will be a positive for Obama.
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No doubt, warranted or not, the milestone will be a positive for Obama.
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And unemployment will soon soar over 10%.I guess thats Bushs' fault.
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I hope it does....still not fixing our problems.
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No doubt, warranted or not, the milestone will be a positive for Obama.
And the dow hit 14,000 before the economy fell of the cliff. Whats your point you idiot?
Everyone knows this is only because of the money printing the Fed is pushing into the market.
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No doubt, warranted or not, the milestone will be a positive for Obama.
You know, I'm not so sure.
The unemployment keeps rising.
So "folks" -as in the working class/middle class - will wonder why it is that all these companies are starting to do well while Main Street isn't seeing any of it.
The banks have recovered really fine the last few months, and unless the it all gets back to the people of the USA, they will punish the Democrats in the mid terms.
This is actually where the Democrats could struggle IMO.
Not so much with the health care reform. It is something that they can get support for from the public.
But if a Democrat-run Government bails out big banks and give aids to big corporations during the recession while letting the little guy pay for it all, they will be punished in the election.
There has to be jobs created.
A recession is the perfect time to launch huge investments in infrastructure projects, because that's when building costs are at the lowest.
But I don't see the visions of building new Highspeed Intercity Railways.
Or even the launch of any nationwide Wi-fi system.
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You know, I'm not so sure.
The unemployment keeps rising.
So "folks" -as in the working class/middle class - will wonder why it is that all these companies are starting to do well while Main Street isn't seeing any of it.
The banks have recovered really fine the last few months, and unless the it all gets back to the people of the USA, they will punish the Democrats in the mid terms.
This is actually where the Democrats could struggle IMO.
Not so much with the health care reform. It is something that they can get support for from the public.
But if a Democrat-run Government bails out big banks and give aids to big corporations during the recession while letting the little guy pay for it all, they will be punished in the election.
There has to be jobs created.
A recession is the perfect time to launch huge investments in infrastructure projects, because that's when building costs are at the lowest.
But I don't see the visions of building new Highspeed Intercity Railways.
Or even the launch of any nationwide Wi-fi system.
Hedge - what I dont think you realize is that the only way job creation is going to take place is if Obama and the Dems completely reverse course on their entire agenda.
They dont want job creation Hedge. If they did, they would not be doing a fraction of the things they are doing.
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Hedge we don't build anything anymore...not because we don't have the resources..but because regulation, laws and taxes prevent it. We need to build things..nuke plants..even ur wifi-towers. Build and manufacture..cut taxes on all this...immediatly.
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And unemployment will soon soar over 10%.I guess thats Bushs' fault.
of course it is
If Obama had done what 333 and other had suggested (which was basically to do nothing) unemployment would be even higher
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of course it is
If Obama had done what 333 and other had suggested (which was basically to do nothing) unemployment would be even higher
Not according to Obama you fool. He made the problem worse by his own definition Straw.
REALITY, FACTS, LOGIC ARE YOU WORST ENEMY:
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Not according to Obama you fool. He made the problem worse by his own definition Straw.
REALITY, FACTS, LOGIC ARE YOU WORST ENEMY:
UPDATED
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Not according to Obama you fool. He made the problem worse by his own definition Straw.
REALITY, FACTS, LOGIC ARE YOU WORST ENEMY:
skip the chart and explain to me exactly what you think Obama did to make unemployment worse
give me some specifics
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skip the chart and explain to me exactly what you think Obama did to make unemployment worse
give me some specifics
The stimulus bill and all the bailouts have crowded out the private sector. i deal with businessowners every day all day, dozens of them, and every single one is pretrified of what this admn is doing and will not hire people with the specter of higher taxes, cap & trade, and health care mandates on the way.
By the way, my chart is reason enough to question anything and everything coming from this WH since this was the first thing they did.
If they got the first projections so wrong on the very first thing they did, why sdhould be believe anything else they do will not suffer the same gross failures?
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From the WSJ
The White House is finally coming to realize that taxes affect job creation. Terrific. Its solution seems to be to bribe employers for hiring new workers, albeit only for a couple of years. Less than terrific.
Alarmed by the rising jobless rate, Democrats are scrambling to "do something" to create jobs. You may have thought that was supposed to be the point of February's $780 billion stimulus plan, and indeed it was. White House economists Christina Romer and Jared Bernstein estimated at the time that the spending blowout would keep the jobless rate below 8%.
The nearby chart compares the job estimates the two economists used to help sell the stimulus to the American public to the actual jobless rate so far this year. The current rate is 9.8% and is expected to rise or stay high well into the election year of 2010. Rarely in politics do we get such a clear and rapid illustration of a policy failure.
This explains why political panic is beginning to set in, and various panicky ideas to create more jobs are suddenly in play. The New York Times reports that one plan would grant a $3,000 tax credit to employers for each new hire in 2010. Under another, two-year plan, employers would receive a credit in the first year equal to 15.3% of the cost of adding a new worker, an amount that would be reduced to 10.2% in the second year and then phased out entirely. Why 15.3%? Presumably because that's roughly the cost of the payroll tax burden to hire a new worker.
The irony of this is remarkable, considering the costs that Democrats are busy imposing on job creation. Congress raised the minimum wage again in July, a direct slam at low-skilled and young workers. The black teen jobless rate has since climbed to 50.4% from 39.2% in two months. Congress is also moving ahead with a mountain of new mandates, from mandatory paid leave to the House's health-care payroll surtax of 5.4%. All of these policy changes give pause to employers as they contemplate the cost of new hires—a reality that Democrats are tacitly admitting as they now plot to find ways to offset those higher costs.
Alas, their new ideas are little more than political gimmicks that aren't likely to result in many new jobs. Congress doesn't want to give up revenue for very long, so it would make the tax credits temporary. Thus anyone who is hired would have to be productive enough to justify the wage or salary after the tax-credit expires—or else the job is likely to end. An employer would be better off hiring a temp worker and saving on the benefits for the same couple of years.
The tax credit would also inevitably go to some employers already planning to hire, or reward companies that lay off some workers only to hire others to take advantage of the tax credit. And it would reward parts of the country that are growing, such as Texas, at the expense of those that aren't, such as Michigan. In other words, it is a very inefficient business subsidy.
We know all this because a new jobs tax credit has already been tried—in the Carter Administration. In 1977 as he entered the White House, Jimmy Carter proposed a jobs credit and a Democratic Congress passed it. Its unfortunate history was recounted in 1980 by then-Treasury official Emil Sunley in a chapter of "The Economics of Taxation," a book edited by Henry Aaron and Michael Boskin for the Brookings Institution.
A job fair sponsored by the National Urban League in Louisville, Ky., Tuesday, Sept. 15, 2009.
As Mr. Sunley summarized: "The impact of the credit on jobs was slight. In many firms those who make hiring decisions did not understand the firm's tax status." He added that, "Because the capital stock is fixed in the short run, to increase employment significantly, demand for output must increase. An incremental tax cut tied to employment will not by itself generate that increase in demand. Moreover, a temporary incremental credit is unlikely to affect significantly the long-run substitution of labor for capital." Call this Job Creation 101.
President Obama first floated the hiring credit in January, but it died after opposition from Democrats who seemed to get the joke. "If you have a company and you're selling fewer shingles, $3,000 isn't going to get you to hire somebody when your sales are shrinking," said Senator Chuck Schumer. Yet now even some Republicans, such as House GOP whip Eric Cantor, are saying they're receptive to the idea. Mr. Cantor ought to know better.
The lack of U.S. job creation is a big problem, but the quickest way Washington could help would be to stop imposing more financial burdens on hiring. And if Democrats really want to reduce taxes on labor, the cleanest way would be to reduce the payroll tax rate. They could finance a permanent payroll cut by using the $300-$400 billion or more in unspent stimulus money, rather than continuing with the transfer payments and pork barrel spending that have failed so miserably to create jobs.
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The stimulus bill and all the bailouts have crowded out the private sector. i deal with businessowners every day all day, dozens of them, and every single one is pretrified of what this admn is doing and will not hire people with the specter of higher taxes, cap & trade, and health care mandates on the way.
By the way, my chart is reason enough to question anything and everything coming from this WH since this was the first thing they did.
If they got the first projections so wrong on the very first thing they did, why sdhould be believe anything else they do will not suffer the same gross failures?
I asked for specifics in your own words.
Give me specific solutions not rambling paranoia.
I work with multi-million dollary businesses every day too (as well as wealthy individual and not so wealthy people) and I haven't met any that are "petrified" of the government or Obama.
You're such a moonbat that I expect people that don't agree with you just nod and smile and hope you'll go away soon and you probably take that to be agreement with your paranoid ramblings.
Seriously man, you are on some kind of medication right?
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I asked for specifics in your own words.
Give me specific solutions not rambling paranoia.
I work with multi-million dollary businesses every day too (as well as wealthy individual and not so wealthy people) and I haven't met any that are "petrified" of the government or Obama.
You're such a moonbat that I expect people that don't agree with you just nod and smile and hope you'll go away soon and you probably take that to be agreement with your paranoid ramblings.
Seriously man, you are on some kind of medication right?
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Unemployment coming up on 10%, no jobs being created, especially those "shovel ready" jobs that were promised!
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Unemployment coming up on 10%, no jobs being created, especially those "shovel ready" jobs that were promised!
Stimulus was never intended for create jobs. I said that before it was passed, yet the cult followers like Straw and 240 argued with me about it. Shit, Straw even argued that condoms were job stimulus.
How are your theories working out Straw? Just look at the charts for your answer.
They suck!
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of course it is
If Obama had done what 333 and other had suggested (which was basically to do nothing) unemployment would be even higher
Obama has not delivered on his promises. I watched his inauguration speech and you would think he got it. Said all the right things:
1. Government is too large
2. Need manufacturing.
3. Have shovel ready projects that will create or save 4 million jobs.
Yet what has he done? At best created 150,000 jobs. Gave billions to banks so they can play with it on stock market. In the process ballooned US debt.
They are papering over all the losses and robbing Peter to Pay Paul. They are staying one step ahead of the accounting process by shifting debt around.
The only thing that will pull USA out of this mess is REAL jobs and manufacturing. A first world, superpower needs a strong middle class. That is a fact. USA needs to make stuff. I'll say it again - USA needs to make stuff.
These government jobs are doing nothing to stimulate our economy. Government is a burden on society. They don't create wealth.
You need people like Edison, Ford, Bill Gates, Steve Jobs, Wright. Those guys invented or developed a real product that created jobs and wealth for a middle class. A guy like Warrent Buffet does not impress me as much as these other guys. Sure he is a great investor but does he really have as much impact on main street as Bill Gates?
Bill Gates > Warren Buffet
I'd like to see mass transit projects, real road repair / construction on a massive scale. Here in Michigan they have construction cones all over the place causing taffic jams. But no real construction going on. The potholes are still there. So what have they done??
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Obama has not delivered on his promises. I watched his inauguration speech and you would think he got it. Said all the right things:
1. Government is too large
2. Need manufacturing.
3. Have shovel ready projects that will create or save 4 million jobs.
Yet what has he done? At best created 150,000 jobs. Gave billions to banks so they can play with it on stock market. In the process ballooned US debt.
They are papering over all the losses and robbing Peter to Pay Paul. They are staying one step ahead of the accounting process by shifting debt around.
The only thing that will pull USA out of this mess is REAL jobs and manufacturing. A first world, superpower needs a strong middle class. That is a fact. USA needs to make stuff. I'll say it again - USA needs to make stuff.
These government jobs are doing nothing to stimulate our economy. Government is a burden on society. They don't create wealth.
You need people like Edison, Ford, Bill Gates, Steve Jobs, Wright. Those guys invented or developed a real product that created jobs and wealth for a middle class. A guy like Warrent Buffet does not impress me as much as these other guys. Sure he is a great investor but does he really have as much impact on main street as Bill Gates?
Bill Gates > Warren Buffet
I'd like to see mass transit projects, real road repair / construction on a massive scale. Here in Michigan they have construction cones all over the place causing taffic jams. But no real construction going on. The potholes are still there. So what have they done??
I'm in complete agreement with you on these statements
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I'm in complete agreement with you on these statements
Guess what Straw - ME TOO!
However, Cap & Trade is the opposite of that and the stimulus bill contains only 5% for infrastructure.
Additionally, Obama is not going near NAFTA and if anything signing us onto to more internationally binding agreements that screw us over.
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I'm in complete agreement with you on these statements
How about converting large rundown neighborhoods into parks? They have plans like that in motion for Flint, Michigan. They should do the same in Detroit. Demolishing these homes and establishing parks would create jobs. Heck I wouldn't mind helping with that. 1000s of empty homes are rotting away in Detroit.
They should also create parks out of all the empty shopping malls. Actually some of those structures could be converted to housing for the homeless.
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How about converting large rundown neighborhoods into parks? They have plans like that in motion for Flint, Michigan. They should do the same in Detroit. Demolishing these homes and establishing parks would create jobs. Heck I wouldn't mind helping with that. 1000s of empty homes are rotting away in Detroit.
They should also create parks out of all the empty shopping malls. Actually some of those structures could be converted to housing for the homeless.
How about building Nuclear Power Plants?
How about building factories to supply the goods needed for the military?
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How about converting large rundown neighborhoods into parks? They have plans like that in motion for Flint, Michigan. They should do the same in Detroit. Demolishing these homes and establishing parks would create jobs. Heck I wouldn't mind helping with that. 1000s of empty homes are rotting away in Detroit.
They should also create parks out of all the empty shopping malls. Actually some of those structures could be converted to housing for the homeless.
all good ideas.
I heard a story on the radio this weekend about a guy who was converting vacant lots in Detroit into urban gardens (apparently there are no large chain grocery stores in Detroit) and Arnold was talking about giving incentives to businesses in CA who put solar panel on the roofs of their buidlings (apparently this has been done in Germany with great success).
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Dam 333386, you stole my thunder and beat me to the punch!!
(http://img96.imageshack.us/img96/322/42792356.th.png) (http://img96.imageshack.us/i/42792356.png/)
That is a devastating chart. Its close to impossible to prove 100% whether or not the stimulus is working, but given that unemployment has increased substantially more than Obama said it would have WITHOUT THE STIMULUS, and given that we had to pay $700 billion of taxpayer money, I would say that the burden of proof is on Obama and not the Republicans.
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I believe the current recession is a chance for classic Keynesian politics.
Getting infrastructure projects started is the right thing to do.
Right now, the labor is cheap to get.
As for the Cap and trade, I agree with 3366 that there is a big problem with it.
From what I understand, it seems like the biggest corporations are going to be able to get free passes from the Cap and trade, at least initially.
Clean energy has to pay off.
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I believe the current recession is a chance for classic Keynesian politics.
Getting infrastructure projects started is the right thing to do.
Right now, the labor is cheap to get.
As for the Cap and trade, I agree with 3366 that there is a big problem with it.
From what I understand, it seems like the biggest corporations are going to be able to get free passes from the Cap and trade, at least initially.
Clean energy has to pay off.
Hedge - they blew their wad with the phoney stim bill and there is nothing left to pass a new one.
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I believe the current recession is a chance for classic Keynesian politics.
lol
Holy shit. ::)
Bro, do you run into glass walls more than twice just to make sure they really are there as well?
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lol
Holy shit. ::)
Bro, do you run into glass walls more than twice just to make sure they really are there as well?
As if a $1.4 trillion dollar deficit is not enough "stimulus"? ? ?
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Obama should have worked at guaranteeing loans for small and medium sized business, as well as working at freeing the credit market.
These ideas would have worked far better to spur the economy.
I was in Boston just after the Lehman failure and most of the major private construction was put on hold because the markets were frozen.
Credit issues are still a problem with most private construction and manufacturing businesses.
Spending money on infrastructure is always good.
This is one of the areas that Americas does the best in the world, American highways and transportation infrastructure is amazing.
Open markets aren't the problem. Trading with countries like China without open markets is.
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Obama should have worked at guaranteeing loans for small and medium sized business, as well as working at freeing the credit market.
These ideas would have worked far better to spur the economy.
I was in Boston just after the Lehman failure and most of the major private construction was put on hold because the markets were frozen.
Credit issues are still a problem with most private construction and manufacturing businesses.
Spending money on infrastructure is always good.
This is one of the areas that Americas does the best in the world, American highways and transportation infrastructure is amazing.
Open markets aren't the problem. Trading with countries like China without open markets is.
If you include mass transit as "transportation infrastructure" then America's infrastructure is pathetic.
Also here is Michigan the roads are terrible. Nothing amazing about the infrastructure here.
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If you include mass transit as "transportation infrastructure" then America's infrastructure is pathetic.
Also here is Michigan the roads are terrible. Nothing amazing about the infrastructure here.
MI will be the first state to go the somalia route.
CA after that followed by NY, NJ, MA, OH,
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If you include mass transit as "transportation infrastructure" then America's infrastructure is pathetic.
Also here is Michigan the roads are terrible. Nothing amazing about the infrastructure here.
The whole concept of the interstate and flyovers was developed by Americans and it is one of the greatest engineering marvels.
If you every want to see the power of the interstate go to Columbus Ohio. From there you can reach 50% of the US in one day.
Mass transit is a soppy wish for liberals.
The only thing that matters in an economy is how fast goods can move from one place to the next.
That is why most goods are taken by tractor trailers and why the interstate is such a critical player in the economy.
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The whole concept of the interstate and flyovers was developed by Americans and it is one of the greatest engineering marvels.
If you every want to see the power of the interstate go to Columbus Ohio. From there you can reach 50% of the US in one day.
Mass transit is a soppy wish for liberals.
The only thing that matters in an economy is how fast goods can move from one place to the next.
That is why most goods are taken by tractor trailers and why the interstate is such a critical player in the economy.
We need to re-industrialize and drop these green fantasies like yesterday.
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The whole concept of the interstate and flyovers was developed by Americans and it is one of the greatest engineering marvels.
If you every want to see the power of the interstate go to Columbus Ohio. From there you can reach 50% of the US in one day.
Mass transit is a soppy wish for liberals.
The only thing that matters in an economy is how fast goods can move from one place to the next.
That is why most goods are taken by tractor trailers and why the interstate is such a critical player in the economy.
Ever heard of peak oil? What use will the interstate be when oil prices spiral out of control because of supply / demand? Fossil Fuels was a gift from the dinosaurs and coal a gift from plants (to man). These are finite resources. You have 7 billion plus people on the planet. If all the people in China and India want to start driving cars around like the west the supply will simply not keep up. Look what happened to the economy last year after gas hit $4.50 / gallon. Think what will happen once gas hits $8 / gallon. It has been said that the interstate system was the biggest mistake the USA has made.
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it would be easier to just invent a car that runs on sunshine, neocon chickenhearted hatred, or liberal guilt.
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Ever heard of peak oil? What use will the interstate be when oil prices spiral out of control because of supply / demand? Fossil Fuels was a gift from the dinosaurs and coal a gift from plants (to man). These are finite resources. You have 7 billion plus people on the planet. If all the people in China and India want to start driving cars around like the west the supply will simply not keep up. Look what happened to the economy last year after gas hit $4.50 / gallon. Think what will happen once gas hits $8 / gallon. It has been said that the interstate system was the biggest mistake the USA has made.
Peak oil is a crackpot theory concocted by busybody alarmists who dont understand how prices and present value work. Yes, we have finite resources, but worrying about that is like being pissed off that your car doesnt have the ability to go 10000 miles an hour. Even if your car's engine could enable you to go 10000 miles an hour, there are much narrower constraints that keep you from being able to do that - such as speed limits and residential areas and traffic. Similarly, we dont even know how to use most of the Earth's resources yet. Extracting them right now is too costly and not profitable.
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Ever heard of peak oil? What use will the interstate be when oil prices spiral out of control because of supply / demand? Fossil Fuels was a gift from the dinosaurs and coal a gift from plants (to man). These are finite resources. You have 7 billion plus people on the planet. If all the people in China and India want to start driving cars around like the west the supply will simply not keep up. Look what happened to the economy last year after gas hit $4.50 / gallon. Think what will happen once gas hits $8 / gallon. It has been said that the interstate system was the biggest mistake the USA has made.
i have read that we could convert to natural gas with not too much trouble and we would have plenty of energy for decades.
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I know there are lots of negative things happening, but are things improving?
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I know there are lots of negative things happening, but are things improving?
For the wall streeters who are still there? Yes! However, a ton have been let go.
For everyone else? You tell me?
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I know there are lots of negative things happening, but are things improving?
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I know there are lots of negative things happening, but are things improving?
NO!!!We have 100 trillion in costs staring us in the face from ss,to medicare,to medicaide.We have massive unemployment,inflation right around the corner.Things are not getting better BY DESIGN by Obama.
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NO!!!We have 100 trillion in costs staring us in the face from ss,to medicare,to medicaide.We have massive unemployment,inflation right around the corner.Things are not getting better BY DESIGN by Obama.
Im reading this book right now - and the facts are frightening. Medicare alone has about 25 Trillion in unfunded mandates. SS & Medicaid even more!
At the same time, Baby boomers are retiring and there are not enough Gen X' or Gen Y people alive to pay for all this.
Yet, we have morons begging for more social programs. Its incredible the level igonrance amongst the population as to the true state of our economy and finances.
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I know there are lots of negative things happening, but are things improving?
240 - EDUCATE YOURSELF.
http://www.iousathemovie.com/
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Good discussion.
Nice to see wall street with some recovery, no doubt...but where's the growth? Where's the jobs? We are going farther into debt, the dollar is slowly loosing ground, government is becoming more costly. We have to incentivise the creation of goods and products. You can't do that by taxing the shit out of the private sector.
Straw, most business owners I know have a negative opinion of what this administration is doing. We don't need more bloated government jobs.
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Not according to Obama you fool. He made the problem worse by his own definition Straw.
REALITY, FACTS, LOGIC ARE YOU WORST ENEMY:
I like how you use 'estimates' of something that never was. Please tell me exactly how you can say with certainty those are accurate? Truth is you can't. It's a tactic you're using to discredit the stimulus. We get it. fact is logical people also get that there isn't an ounce of truth or reality in an 'estimate' of something that never occurred. Thats' like me running around saying my estimated bench press is 1000lbs but i haven't done that yet but hey it's 'estimated'.
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I like how you use 'estimates' of something that never was. Please tell me exactly how you can say with certainty those are accurate? Truth is you can't. It's a tactic you're using to discredit the stimulus. We get it. fact is logical people also get that there isn't an ounce of truth or reality in an 'estimate' of something that never occurred. Thats' like me running around saying my estimated bench press is 1000lbs but i haven't done that yet but hey it's 'estimated'.
Oh please, GMAFB!
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I like how you use 'estimates' of something that never was. Please tell me exactly how you can say with certainty those are accurate? Truth is you can't. It's a tactic you're using to discredit the stimulus. We get it. fact is logical people also get that there isn't an ounce of truth or reality in an 'estimate' of something that never occurred. Thats' like me running around saying my estimated bench press is 1000lbs but i haven't done that yet but hey it's 'estimated'.
What the hell are you talking about? obama and Romer used the graph to promote the stimulus bill and are now proven drastically wrong.
Its hysterical how you say using facts is a "tactic".
Deal with it, the very first thing ***** did was and is a flop.
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I like how you use 'estimates' of something that never was. Please tell me exactly how you can say with certainty those are accurate? Truth is you can't. It's a tactic you're using to discredit the stimulus. We get it. fact is logical people also get that there isn't an ounce of truth or reality in an 'estimate' of something that never occurred. Thats' like me running around saying my estimated bench press is 1000lbs but i haven't done that yet but hey it's 'estimated'.
ALL SIZZLE NO STEAK!
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AND LAST BUT NOT LEAST - AND THE TRUE PRIZE:
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Peter Schiff lets it be known that a 10,000 point stock market means NOTHING...and why it means nothing.
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Massive spending to prop up bloated service/construction jobs as well as shore up bloated/overstuffed state/local governments is not good policy and it only prolongs the enevitable. All the realesate/brokerage/construction jobs were a byproduct of the credit bubble. So was the spending, the home prices and the DOW. That bubble is gone and so is the need for those jobs, gone is our spending power and consumer credit keeps shrinking. The economy is attempting to reorder itself and in the process show us what needs to be done. Banks aren't lending because they shouldn't be, (the consumer is still drowning in debt) consumers aren't spending because they are saving and they are broke. Instead of seeing the obvious, Obama prints money, destroys our currency and props up phantom sectors. The "cure" is like continually injecting a daying cancer patient with adrenaline in hopes of keeping him going for just a bit longer, the U.S. economy is like Bernie from "Weekend at Bernies I" he's dead, but damned if that will stop Obama from failing him about in a futile effort to fool everyone.
Does everyone get the point about the Fed, Congress. Obama and his "Council" and what they are doing to "fix" things? Quantative Easing, monetizing of our debt, printing money, bailouts, defecits and vodoo accounting...all these are phantoms and do not adress the causes...like giving more smack to the junkie 25hrs after he starts wig out and die.
Incomes are down, hours worked is down, REAL U.E. is at 20% and we still keep losing jobs...so what the DOW hit 10,000...guess what, the Dollar is worth 25% less of what is was several years ago. The dollar is backed by nothing. We aren't exploiting our resources, we can't expand oil/gas etc drilling and we exported most of our industries to other nations long ago. We need balance, we need sanity and we need leadership. We have none of these right now.
Proping up the unsustainable and in the process killing your currency is a very bad idea.
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With the trillions pumped into the system, is it any wonder the DOW is at 10,000?
I swear, the level of debate of this board by the apologists is just appauling.
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Peter Schiff lets it be known that a 10,000 point stock market means NOTHING...and why it means nothing.
Schiff is write as usual.
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Schiff is write as usual.
What is he writing?
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What is he writing?
He just put our Crash Proof 2.0 and Bull Moves in Bear markets.
I read both and suggest you do as well. Maybe this way you would educate yourself and stop posting 6th grade level posts.
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He just put our Crash Proof 2.0 and Bull Moves in Bear markets.
I read both and suggest you do as well. Maybe this way you would educate yourself and stop posting 6th grade level posts.
You're the one who uses "right" and 'write" interchangeably.
I own crash proof.
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You're the one who uses "right" and 'write" interchangeably.
I own crash proof.
DDUUHH!!!
I know, I was playing off your correction of my post. I thought you would understand that.
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DDUUHH!!!
I know, I was playing off your correction of my post. I thought you would understand that.
I associate "crassh proof" with defecation, as I read the book several times, a little bit each morning after my shredded wheat.
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I associate "crassh proof" with defecation, as I read the book several times, a little bit each morning after my shredded wheat.
240 - that book laid it all out and and was 100% accurate and was one of the best books on basic economics put out in the last ffew years.
I guess you prefer Dreams of my Fathers instead?
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240 - that book laid it all out and and was 100% accurate and was one of the best books on basic economics put out in the last ffew years.
I guess you prefer Dreams of my Fathers instead?
Hey, I do think Bill Ayers is a great author
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Hey, I do think Bill Ayers is a great author
Believe me 240 - I know.
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Believe me 240 - I know.
how many of his books have you read, ya america-hater? :P
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how many of his books have you read, ya america-hater? :P
Far more than you.
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Far more than you.
to be clear, you are now bragging about how many books you have read that were authored by terrorist bill ayers?
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to be clear, you are now bragging about how many books you have read that were authored by terrorist bill ayers?
I read your post wrong. I actually only read one book written by Ayers - Dreams of My father.
:o :o :o