Post-Obama predictions...

[DKlent]

Lower taxes.
Bottom up economic growth fueled by pro small businesses environment.
Massive innovation in energy.
End of american socialism and welfare state.
Pro bodybuilding environment.

Delusional...

[tu_holmes]

I can't believe anyone is blaming either party for the economic meltdown.

I told everyone in 2004 that the current housing market HAD to crash... It was just a matter of time... and it did crash. Taking tons of money and melting down the entire banking sector along with housing and destroying the credit markets.

It was not the Democrats nor the Republicans... It was the people taking stupid loans that they could never repay and not thinking twice about it and it was the banks dumb ass faults for giving them those stupid loans.

If you want to blame anyone, blame the citizens... The people who took those shitty loans are to blame... Why everyone always wants to point fingers is beyond me when it's OUR OWN FUCKING FAULT.

We the people ruined the economy... Not Reid. Not Pelosi. Not Bush. Not Obama.

Everyone moron is busy trying to point the finger at someone saying it's not their fault... bullshit. It's all of ours.

Every time I heard of someone getting an ARM or an Interest only  loan, I should have slapped them in the face for being idiots.

[tbombz]

Lower taxes. for the wealthy, increased taxes for the poor
Bottom up slight, short term economic growth fueled by pro small businesses environment. the wealthy and enjoyed mostly by the wealthy
Massive innovation in energy.the finance sector, meaning new ways to scam investors
End of american socialism and welfare state for the poor and middle class, increased socialism/socialized risk/welfare subsidies for the wealthy
Pro bodybuilding environment. absofuckinglutely

couple more things you missed..  another recession due to repealing regulations that prevent business from taking risks that will cause massive private sector debt, which will be bailed out by the working man's tax dollars..  increased rate of global destruction due to repealed environmental regulations.. decreased quality of education and public infrastructure meaning long term economic decline..



an engineering degree is great for building flight simulators, but doesnt do much to educate you on the interactions betwee government policy and economic propserity  

[pluck]

You're talking about 2016 right? That's when he will be out of office.

[kh300]

I can't believe anyone is blaming either party for the economic meltdown.

I told everyone in 2004 that the current housing market HAD to crash... It was just a matter of time... and it did crash. Taking tons of money and melting down the entire banking sector along with housing and destroying the credit markets.

It was not the Democrats nor the Republicans... It was the people taking stupid loans that they could never repay and not thinking twice about it and it was the banks dumb ass faults for giving them those stupid loans.

If you want to blame anyone, blame the citizens... The people who took those shitty loans are to blame... Why everyone always wants to point fingers is beyond me when it's OUR OWN FUCKING FAULT.

We the people ruined the economy... Not Reid. Not Pelosi. Not Bush. Not Obama.

Everyone moron is busy trying to point the finger at someone saying it's not their fault... bullshit. It's all of ours.

Every time I heard of someone getting an ARM or an Interest only  loan, I should have slapped them in the face for being idiots.

I agree with you, to a point.

I'm not sure I know anyone who isn't leasing or making car payments. My buddy bought a new boat and had to take a mortgage on it-literally- in order to afford the payments. He can call my boat ' a piece of shit' all he wants, but I bought it with 4k cash.

Loan for this loan for that, 10 different credit cards. But what happens when you get into financial trouble and you cant make those payments? Who Care's its the American way.

somebody will bail you out right? <-----ding ding. whos to blame for that?

[tu_holmes]

I agree with you, to a point.

I'm not sure I know anyone who isn't leasing or making car payments. My buddy bought a new boat and had to take a mortgage on it-literally- in order to afford the payments. He can call my boat ' a piece of shit' all he wants, but I bought it with 4k cash.

Loan for this loan for that, 10 different credit cards. But what happens when you get into financial trouble and you cant make those payments? Who Care's its the American way.

somebody will bail you out right? <-----ding ding. whos to blame for that?

Sure, people take loans... That's life, but the loans of an individual will not collapse an entire economy if they are left to lapse.

However, if you have a large number of major banks and those loans are lapsed, whatever we DO have happen with the economy, will most likely be 10000 times worse.

Now, you could argue that it would just be over and done with then, and we would work on rebuilding, as opposed to what we have now, where we have bailed out some banks and industries and are dealing with a lessened collapse of many more years.

Was one better than the other, I don't know... but it's what we've got.

[tbombz]

I can't believe anyone is blaming either party for the economic meltdown.

I told everyone in 2004 that the current housing market HAD to crash... It was just a matter of time... and it did crash. Taking tons of money and melting down the entire banking sector along with housing and destroying the credit markets.

It was not the Democrats nor the Republicans... It was the people taking stupid loans that they could never repay and not thinking twice about it and it was the banks dumb ass faults for giving them those stupid loans.

If you want to blame anyone, blame the citizens... The people who took those shitty loans are to blame... Why everyone always wants to point fingers is beyond me when it's OUR OWN FUCKING FAULT.

We the people ruined the economy... Not Reid. Not Pelosi. Not Bush. Not Obama.

Everyone moron is busy trying to point the finger at someone saying it's not their fault... bullshit. It's all of ours.

Every time I heard of someone getting an ARM or an Interest only  loan, I should have slapped them in the face for being idiots.

well is mostly the people in the banking /lending industry who are to blame.. but yeah theres a whole lot of blame ot be put on the backs of people who took loans for houses they couldnt afford.. but in reality those were usually adjustable rate mortgages that they were told were going to be able to refinance before the rates went up because home prices were going to keep rising.. predatory lending..   the lenders were making money on every loan they made.. regardless of whether or not the loan was good or not..  however.. your right.. its not really the fault of any individual or any ideology..   it was the fault of greed, plain and simple.. and also a little bit of government policy that encouraged banks to make subrime loans because fannie and freddie would buy them ...


but.. heres the question.. would republican policies or democrat policies be better suited to prevent this kind of thing from happening in the future/.. republicans who thinkg deregulation is best, that the market can regulate itself.. or democrats who believe in making irresponsible / risky business behaviors illegal hmm

[tu_holmes]

well is mostly the people in the banking /lending industry who are to blame.. but yeah theres a whole lot of blame ot be put on the backs of people who took loans for houses they couldnt afford.. but in reality those were usually adjustable rate mortgages that they were told were going to be able to refinance before the rates went up because home prices were going to keep rising.. predatory lending..   the lenders were making money on every loan they made.. regardless of whether or not the loan was good or not..  however.. your right.. its not really the fault of any individual or any ideology..   it was the fault of greed, plain and simple.. and also a little bit of government policy that encouraged banks to make subrime loans because fannie and freddie would buy them ...


but.. heres the question.. would republican policies or democrat policies be better suited to prevent this kind of thing from happening in the future/.. republicans who thinkg deregulation is best, that the market can regulate itself.. or democrats who believe in making irresponsible / risky business behaviors illegal hmm

I don't have that answer... I will say that we had a very largely unregulated market for a long time and as such, it's ok to try the other way for now... If that doesn't work, then we get to work on a happy medium.

[tbombz]

happy medium is what i always advocate.. largely free and open markets.. capitalism is wonderful.. never any government ownership of any industry ..  just necessary regulations to prevent economic oppression, basic worker rights, prohibit irresponsible behaviors that can have significant negative systemic effects, and prohibit environmental destruction.... outside of these things.. the market truly can regulate itself.. and is best left untouched..

[Bam-bam]

couple more things you missed..  another recession due to repealing regulations that prevent business from taking risks that will cause massive private sector debt, which will be bailed out by the working man's tax dollars..  increased rate of global destruction due to repealed environmental regulations.. decreased quality of education and public infrastructure meaning long term economic decline..



an engineering degree is great for building flight simulators, but doesnt do much to educate you on the interactions betwee government policy and economic propserity  

why do you insist in making bs comments about complex things you have zero background about?

"increased rate of global destruction due to repealed environmental regulation", lol

[kh300]

well is mostly the people in the banking /lending industry who are to blame.. but yeah theres a whole lot of blame ot be put on the backs of people who took loans for houses they couldnt afford.. but in reality those were usually adjustable rate mortgages that they were told were going to be able to refinance before the rates went up because home prices were going to keep rising.. predatory lending..   the lenders were making money on every loan they made.. regardless of whether or not the loan was good or not..  however.. your right.. its not really the fault of any individual or any ideology..   it was the fault of greed, plain and simple.. and also a little bit of government policy that encouraged banks to make subrime loans because fannie and freddie would buy them ...


but.. heres the question.. would republican policies or democrat policies be better suited to prevent this kind of thing from happening in the future/.. republicans who thinkg deregulation is best, that the market can regulate itself.. or democrats who believe in making irresponsible / risky business behaviors illegal hmm

Or how about conservatives who believe in self responsibility,less government? Or the liberals who say 'don't worry Uncle Sam's got your back'?

Why not take the loan for the new car and the bigger house, you just get bailed out. Who cares if you fuck off at work, you'll get unemployment. Even better why not just go on welfare for the rest of your life?

We simply have too much government in every aspect of our lives. A government that promotes reliance and laziness.What is it now 40% of Americans recieve some sort of Government assistance?The way I see it, the less Government, the better off we'll be. We need to go back to our roots before its too late. Eventually we'll have to because at the rate were going there will be nothing left.

[garebear]

Care to respond Benny Buttface? 

Good one.

What's next? Mr. Poopypants?

[bighead]

Or how about conservatives who believe in self responsibility,less government? Or the liberals who say 'don't worry Uncle Sam's got your back'?

Why not take the loan for the new car and the bigger house, you just get bailed out. Who cares if you fuck off at work, you'll get unemployment. Even better why not just go on welfare for the rest of your life?

We simply have too much government in every aspect of our lives. A government that promotes reliance and laziness.What is it now 40% of Americans recieve some sort of Government assistance?The way I see it, the less Government, the better off we'll be. We need to go back to our roots before its too late. Eventually we'll have to because at the rate were going there will be nothing left.

   Which roots? you mean the decemation of peoples and culture? we are still doing that.  even if its 'just' being supported in the middle east.

[kh300]

   Which roots? you mean the decemation of peoples and culture? we are still doing that.  even if its 'just' being supported in the middle east.

[tbombz]

why do you insist in making bs comments about complex things you have zero background about?

"increased rate of global destruction due to repealed environmental regulation", lol

if you have a rebuttal of somekind or a point youd like to make go ahead and do so..

Or how about conservatives who believe in self responsibility,less government? Or the liberals who say 'don't worry Uncle Sam's got your back'?

Why not take the loan for the new car and the bigger house, you just get bailed out. Who cares if you fuck off at work, you'll get unemployment. Even better why not just go on welfare for the rest of your life?

We simply have too much government in every aspect of our lives. A government that promotes reliance and laziness.What is it now 40% of Americans recieve some sort of Government assistance?The way I see it, the less Government, the better off we'll be. We need to go back to our roots before its too late. Eventually we'll have to because at the rate were going there will be nothing left.

self responsibility and less government. lo. repeal copyright and patent laws and see how easy it is to make a profitable business. get rid of the public infratsurcture and education system and see if you can sustain a company of any size. take away the anti-trust laws and see if its possible to be competitive in any industry. lol.  

[Alex23]

I can't believe anyone is blaming either party for the economic meltdown.

I told everyone in 2004 that the current housing market HAD to crash... It was just a matter of time... and it did crash. Taking tons of money and melting down the entire banking sector along with housing and destroying the credit markets.

It was not the Democrats nor the Republicans... It was the people taking stupid loans that they could never repay and not thinking twice about it and it was the banks dumb ass faults for giving them those stupid loans.

If you want to blame anyone, blame the citizens... The people who took those shitty loans are to blame... Why everyone always wants to point fingers is beyond me when it's OUR OWN FUCKING FAULT.

We the people ruined the economy... Not Reid. Not Pelosi. Not Bush. Not Obama.

Everyone moron is busy trying to point the finger at someone saying it's not their fault... bullshit. It's all of ours.

Every time I heard of someone getting an ARM or an Interest only  loan, I should have slapped them in the face for being idiots.

Awesome post.

Fact of the matter is, "we the people" fucked up a couple of times. Difference is from lesser nations, "we the people" got up every single time and rebuilt, corrected what was wrong and moved forward.

There's not reason why we can't do it again and well under way.


AmericanSpeed. We put a man on the moon, invented microchips, pop culture, the internets (no homo), modern bodybuilding, engendered tu_holmes, king23, McFarland and other great posters... to name a few... and that's just in the last 41 years!!!!

and let's not forget....

GETBIG IS AMERICAN!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[tbombz]

thats the right attitude but without regulations on business to prevent the kind of disaster we just had were going to be stuck in a cyclical boom and bust cycle that never ends...    plus we need to focus on updating our public infrastructure and revamping our education to better suit our modern economy's demands..  these are democratic policies..

[kh300]

 self responsibility and less government. lo. repeal copyright and patent laws and see how easy it is to make a profitable business. get rid of the public infratsurcture and education system and see if you can sustain a company of any size. take away the anti-trust laws and see if its possible to be competitive in any industry. lol.  

I'm not talking about education, infrastructure..etc.. I'm talking about taking over private businesses, handouts,bailouts, taxes on everything,telling us what we cant eat and drink,welfare,health care,regulating everything we can do, ignoring the constitution.

Plus the more Government you have the more waste and corruption there is. I work for the Feds so I know. I can give you a list of 100 jobs in my agency of people that make insane money that do nothing. In my building we have an athletic trainer. No shit a fucking athletic trainer. An administrative building for a LE agency has an athletic trainer that nobody has ever seen do shit,that makes 80k a year. I could go on and on, but its just the way Government works. We need less of it.

[tbombz]

I'm not talking about education, infrastructure..etc.. I'm talking about taking over private businesses, handouts,bailouts, taxes on everything,telling us what we cant eat and drink,welfare,health care,regulating everything we can do, ignoring the constitution.

Plus the more Government you have the more waste and corruption there is. I work for the Feds so I know. I can give you a list of 100 jobs in my agency of people that make insane money that do nothing. In my building we have an athletic trainer. No shit a fucking athletic trainer. An administrative building for a LE agency has an athletic trainer that nobody has ever seen do shit,that makes 80k a year. I could go on and on, but its just the way Government works. We need less of it.

I never support government ownership or any industry (taking over private business). thats a communist position, not a liberal one.

handouts? do you mean social programs that tax payers pay into so they can draw out of them when necessary ? safety nets so that no one goes hungry or without shelter or medial care ?

bailouts? i agree..  thats not really a liberal or conservative issue however.. you had people on both sides of the aisle supporting bailououts..

taxes are necessary to support the military, the police, the fire department, the public education system, our public infrastructure, our regulating bodies, etc.

telling us what we can eat and drink? i suppose your refering to attempts to fight obesity that are supported by liberals? i  somwehat agree but also you have to see the other side of the equation.. healthcare costs are tied to the issue..  i think bloombergs idea ofl imiting soda cup size to 16 ounces, but not allowing as many refills as you want.. is a good policy.. it allows personal freedom to consume what you want and as much as you want.. but at the same time will inevitably reducce the amount of soda/sugar/calories consumed because some people just drink whats in their cup, regardless of how big it is..

bt more on the telling us what to eat and drink.. how about telling us what we can put in our bodies ?? its conservatives who support the illegalization of drugs, steroids, etc..    not liberals.. and its conservatives who oppose gay marriage, and other social, private , personal decisions that a person should be allowed to make on their own.. not liberals..


healthcare .. well.. we require everyone to buy auto insurance dont we ? why not require everyone to have health sinsurance ?  seems perfectly logical way of keeping healthcare on the open market and a private industry..without the mandate you couldnt have coverage of people with pre existing conditions.. nor could you subsidize the poor so they can have insurance.. other good things from the affordable care act.. children can stay on their parents plans till they are 26.. individuals can get group rates.. etc...

constitution? fuck the constituiton. i dont give a fuck about some hundred years old document. our economy has changed, our way of life has changed, the founding fathers knew jack shit about modern day. and even if they did, who are they to tell us what to do ? if a policy is good and we support it, fuck off constitutuioon we are enacting it. period.


waste and corruption? sure, but that happens in private sector as well. maybe not to the degree as in the public sector. but whatever. this is an argument for better government, not less government.

 

[tbombz]

I'm not talking about education, infrastructure..etc.. I'm talking about taking over private businesses, handouts,bailouts, taxes on everything,telling us what we cant eat and drink,welfare,health care,regulating everything we can do, ignoring the constitution.

Plus the more Government you have the more waste and corruption there is. I work for the Feds so I know. I can give you a list of 100 jobs in my agency of people that make insane money that do nothing. In my building we have an athletic trainer. No shit a fucking athletic trainer. An administrative building for a LE agency has an athletic trainer that nobody has ever seen do shit,that makes 80k a year. I could go on and on, but its just the way Government works. We need less of it.

and it seems you missed my point entirely. copyright/patent laws. anti-trust laws. government regulations that protect competitors, innovators, and provide a framework for which business can operate and be successful. protections against the wealthy from stealing ideas, from monopolizing the market, from forcing employees to accept horrible pay, unsafe working conditions, and long hours.. etc.  it is ONLY because of government that our modern economy is even possible. thats an idea conservatives who support deregulation really dont seem to understand, and that is extremely obvious by the way they tried to attack obama from saying "if you have a successful business, you didnt do that".. because he is absolutely right. without the centuries of innovators and proper government that paved the way and provided you with all the technology and progress that lead to your business and all the protections against the more wealthy and all the public infrastructure your business must use on a daily basis it would be completely impossible for you to have a business in the first place. this is something you have to understand.

[tbombz]

you should not be concerned with the size of government, you should be worried about the quality of government. a whole lot of shitty government is a whole lot of shitty. a whole lot of good government is a whole lot of good. on the other hand, in the absence of government, to quote thomas hobbes, "the life of man is nasty brutish and short"..   the answer is we need government, and we need it to be good government, and the more good government, the better. period.

[tu_holmes]

Awesome post.

Fact of the matter is, "we the people" fucked up a couple of times. Difference is from lesser nations, "we the people" got up every single time and rebuilt, corrected what was wrong and moved forward.

There's not reason why we can't do it again and well under way.


AmericanSpeed. We put a man on the moon, invented microchips, pop culture, the internets (no homo), modern bodybuilding, engendered tu_holmes, king23, McFarland and other great posters... to name a few... and that's just in the last 41 years!!!!

and let's not forget....

GETBIG IS AMERICAN!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

All of this is very true... We The People will always rise up against adversity... Always.

We will always correct our course... We are doing so right now. This is how this country works... It's what makes us successful.

We pick ourselves up and we move forward.

[Primemuscle]

The blame for the world wide economic collapse is far and wide. It is not do to one problem. People who through the media felt they were "entitled," took out loans which they had no possibility of repaying.This inflated the housing market. Banks and many fly-by-night mortgage lenders extended loans to ignorant people which had no hope of ever being re-payed. And government regulations of the banking industry were/are lapsed allowing for this to happen. The result is everyone suffers financial loss.

Beyond this, throughout history the economy has risen, peaked and fallen. As much as we would like to insulate ourselves from this, we cannot. Like it or not, we all could be a lot worse off then we are. Everything is relative.

[Bodybuilding Related]

Lower taxes.
Bottom up economic growth fueled by pro small businesses environment.
Massive innovation in energy.
End of american socialism and welfare state.
Pro bodybuilding environment.

LOL!

[wild willie]

We need Obama out of office ASAP!!!

If he remains in power....We will have to deal with Socialism.

My 2 cents.