 | reply to SLD
Re: Um... The guy's had 5 months in office. What did you expect him to do in 5 months? |
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| said by sonicmerlin:The guy's had 5 months in office. What did you expect him to do in 5 months? Try not making the same decisions as Bush, which invalidates everything you've said. |
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 BitPremium join:2009-02-19 00000 | reply to sonicmerlin said by sonicmerlin:The guy's had 5 months in office. What did you expect him to do in 5 months? Something other than spend us into insolvency. Obama I is just Bush II. -- POKE 65495,1 |
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 | reply to Metatron2008 The same decisions? I could argue indepth with you, but since your argument presupposes perfect symmetry between both presidents' decision making, it stands to reason that one difference brings down your whole argument. So I suppose Obama's increased federal funding for stem-cell research is enough to prove you wrong.
I'm more interested in rating him when his 4 year term is near its end. By then we'll see how well his economic stimulus spending worked out (another fiscal policy Bush would have differed significantly on), and whether the newly appointed FCC head will have changed the course of broadband investment in America. |
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 | reply to Bit You need to spend to get out of a recession. This includes borrowing money, however much is necessary.
Most people's gut reaction in a time of economic hardship is to start hoarding and saving as much as possible, but from society's standpoint that is economic suicide. |
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 MattAll noise, no signal.Premium join:2003-07-20 Jamestown, NC kudos:12 | said by sonicmerlin:You need to spend to get out of a recession. This includes borrowing money, however much is necessary. Most people's gut reaction in a time of economic hardship is to start hoarding and saving as much as possible, but from society's standpoint that is economic suicide. Exactly, how many times have you heard not to take money out of the banks and also not to stash it all in savings ... to spend, spend, spend? I know I've heard a LOT of that lately. Without "spending" you can't stimulate the economy.
Even Bush tried to stimulate the economy with 2 x $600 checks. All it did was put a band-aid on the gaping wound until he was out of office, so I'll take spending directed at improving social programs, our educational systems, and science over cutting everyone a check.
I see a lot of people criticizing Obama, but no one offering alternative solutions of their own. |
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 BitPremium join:2009-02-19 00000 4 edits | reply to sonicmerlin You can not borrow your way out of debt. Yeah, money for Chinese steel, greedy and corrupt state union workers and pregnancy testing is doing wonders for the economy.
All Obama is doing is stimulating the Chinese economy on the credit of Joe Taxpayer. The guy is a total disaster that will DOUBLE our national debt over the next decade so sayith the CBO. And as big of a tard Bush was, Obama QUADRUPLED his reckless deficit spending to unbelievable and unsustainable levels. His reckless spending will have us paying a trillion a year just servicing his massive debt. And now he wants to raise taxes on everyone including current healthcare benefits to pay for his disastrous healthcare scheme and cost every family $200 a year with idiotic cap and trade bullshit. Great, just what is needed during a recession, a massive tax increase and inflation. So much for what little pork spending is staying in the US. More and more of Americans' hard earned money is stolen by corrupt government whores...of course they have nothing left to spend on themselves and the economy stalled.
2012 can not come soon enough. We must follow Europe's lead and oust the liberal fascists from power. March these socialist do gooder fools and corporate ass licking neocon douchebags into the sea and get someone who doesn't have their head in their ass and will finally tell every bloodsucking leech NO, WE ARE NOT GOING TO KEEP GIVING YOU STUFF, JOE TAXPAYER IS NOT A G-D ATM AND WE HAVE NO MONEY! -- POKE 65495,1 |
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1 edit | said by Bit:You can not borrow your way out of debt. Yeah, money for Chinese steel, greedy and corrupt state union workers and pregnancy testing is doing wonders for the economy. All Obama is doing is stimulating the Chinese economy on the credit of Joe Taxpayer. The guy is a total disaster that will DOUBLE our national debt over the next decade so sayith the CBO. And as big of a tard Bush was, Obama QUADRUPLED his reckless deficit spending to unbelievable and unsustainable levels. His reckless spending will have us paying a trillion a year just servicing his massive debt. And now he wants to raise taxes on everyone including current healthcare benefits to pay for his disastrous healthcare scheme and cost every family $200 a year with idiotic cap and trade bullshit. Great, just what is needed during a recession, a massive tax increase and inflation. So much for what little pork spending is staying in the US. More and more of Americans' hard earned money is stolen by corrupt government whores...of course they have nothing left to spend on themselves and the economy stalled. 2012 can not come soon enough. We must follow Europe's lead and oust the liberal fascists from power. March these socialist do gooder fools and corporate ass licking neocon douchebags into the sea and get someone who doesn't have their head in their ass and will finally tell every bloodsucking leech NO, WE ARE NOT GOING TO KEEP GIVING YOU STUFF, JOE TAXPAYER IS NOT A G-D ATM AND WE HAVE NO MONEY! ...
As much as I disagree with your stance on Microsoft, I LOVE this rant here 
I wish more people would wake up and rant like this  |
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 old_dawg"I Know Noting..." join:2001-09-22 Westminster, MD | reply to sonicmerlin said by sonicmerlin:You need to spend to get out of a recession. This includes borrowing money, however much is necessary. Most people's gut reaction in a time of economic hardship is to start hoarding and saving as much as possible, but from society's standpoint that is economic suicide. Oi!. I love that logic. Print mo' money,sell more debt to Communist China.  -- "Our network engineers are aware of the problem..." |
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 geonaplolatidiots join:2005-12-14 Glendale, CA kudos:1 | reply to Bit if he didnt bail out those blood sucking companies which i hope burn in hell, then they would probably continue extorting. they have the ability to kill the country monetarily and i think what we had and have was/is nothing compared to what wall street and big business was gonna do to the country if they didn't get bailed out. remember, with the power vested in those companies, they have the ability to squish all our nads and fallopian thingies.. all they would have to do is drive down market prices and what is happening now and what happened during the end of last year would like an economic boom.
obama aint dumb, he knows if he hadn't given the "monies" then we would be much worse off than we are now.
oh.. and we weren't really that good off before shit crashed.. what i've learned is nobody was ever worth what they thought they were worth and what we thought they were worth.. a lot of millionaires have no money left.. everything was based off credit and a false sense of net-worth. it's true. -- Operation Northwoods "Patriotism is the virtue of the vicious" -Oscar Wilde »www.whatreallyhappened.com/ »tinyurl.com/pxq278 »www.snopes.com/quotes/goering.asp |
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| said by geonap:if he didnt bail out those blood sucking companies which i hope burn in hell, then they would probably continue extorting. they have the ability to kill the country monetarily and i think what we had and have was/is nothing compared to what wall street and big business was gonna do to the country if they didn't get bailed out. remember, with the power vested in those companies, they have the ability to squish all our nads and fallopian thingies.. all they would have to do is drive down market prices and what is happening now and what happened during the end of last year would like an economic boom. obama aint dumb, he knows if he hadn't given the "monies" then we would be much worse off than we are now. oh.. and we weren't really that good off before shit crashed.. what i've learned is nobody was ever worth what they thought they were worth and what we thought they were worth.. a lot of millionaires have no money left.. everything was based off credit and a false sense of net-worth. it's true. LOL. LOL.
I mean first, LOL at your idea of the president paying extortion fees to businesses. Leader of the free world, fights terrorism in the middle east, but too afraid to stand up to businesses (All he would have to do BTW is call an executive order to freeze their assests, and THEY would die). It's not government isn't being bribed is it? No, that would MAKE SENSE.
Also, LOL at people being worth what they thought they were. I could think right now I'm worth a billion dollars, does that mean it's true? Try going to economics 101, you may find that people ARE worth what sheets of paper say (as far as finances), not what they think they are. |
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 geonaplolatidiots join:2005-12-14 Glendale, CA kudos:1 3 edits | and if those big ass companies like GM and all the other bailed out companies DIED, the american economy would die too. what happened was nothing compared to what would've happened if the banks and all those other companies weren't bailed out.
i posted something and it didn't go through.
a) a lot of people had millions in the market and it's gone. b) the wealthy cant be stopped from gaining more money (legally or illegally) c) most people are not as wealthy as you think, those sheets of paper disappear in these times. you're talking about the super rich, i'm talking about ordinary rich people who are dried up right now because of the times. |
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 | reply to old_dawg
Re: Um... The fact that the Chinese are willing to invest so much money in the US demonstrates their confidence we'll be able to recover and pay them back. |
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 | reply to Metatron2008 Sheets of paper are meaningless. Real value is extremely hard to quantify at the Wall Street level, and is more perception than anything else. Most people (and corporations) aren't insured with tangible goods with real monetary value, like gold or platinum. |
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1 edit | reply to Anon No, we are going the route Japan did during the 80's, which was to rescue corporations instead of letting the free market take its course, which ended up in a massive recession for Japan.
And that's the point. Borrow all the money you want, but the idiots who fucked things up are still employed.
Btw, I will argue that the keynesian model didn't work. I firmly believe we exited the great depression due to increased production during world war 2 and the fact that enough people died that people could take enough of the current available jobs. |
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 | reply to sonicmerlin said by sonicmerlin:The fact that the Chinese are willing to invest so much money in the US demonstrates their confidence we'll be able to recover and pay them back. All government's are foolish, just 'cause they think we can pay it back doesn't automatically mean we can.
On top of this, they could also be doing it to hold a proverbial carrot above our head in the future.
"we funded you, during all those years; now, you do THIS for us." |
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 TzaleProud Libertarian ConservativePremium join:2004-01-06 NYC Metro | reply to geonap said by geonap:if he didnt bail out those blood sucking companies which i hope burn in hell, then they would probably continue extorting. they have the ability to kill the country monetarily and i think what we had and have was/is nothing compared to what wall street and big business was gonna do to the country if they didn't get bailed out. remember, with the power vested in those companies, they have the ability to squish all our nads and fallopian thingies.. all they would have to do is drive down market prices and what is happening now and what happened during the end of last year would like an economic boom. obama aint dumb, he knows if he hadn't given the "monies" then we would be much worse off than we are now. oh.. and we weren't really that good off before shit crashed.. what i've learned is nobody was ever worth what they thought they were worth and what we thought they were worth.. a lot of millionaires have no money left.. everything was based off credit and a false sense of net-worth. it's true. This is EXACTLY the truth!
America has been growing steadily thanks to the credit system... However, only within the past two decades or so has it reached a point where the average Joe is living well beyond his means. This has also driven an intense desire for material things that cheapens society as a whole... It reduces our morals, and puts $$$ signs on everything..
It used to be that if you made a middle class income, you lived in a nice little home, and tried to get the "bigger" home with hard work. Nowadays, you see young middle class families foreclosing on million dollar McMansions.... The house of cards had to collapse! Not everyone can be a millionaire! And not every millionaire should be a millionaire. This system is inherently flawed. Obama is making it worse.
-Tzale -- They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety. -:- "I believe the very heart and soul of conservatism is libertarianism."~Ronald Reagan |
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 TzaleProud Libertarian ConservativePremium join:2004-01-06 NYC Metro | reply to Anon said by sonicmerlin:You know what, you're right! We should all sit in front of our Time Warner Cable provided TV, watching FOX News screaming: Gub'mint is bad! Gub'mint is bad! THAT'LL SHOW THOSE FASCISTS! YEAH BABY! Government is a contradiction to freedom. This is inherent to ANY form of "government." Free Market economies should have LITTLE to NO involvement from the government! And in the United States, the federal government has NO right (constitutionally) to be doing what it has been doing!
-Tzale -- They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety. -:- "I believe the very heart and soul of conservatism is libertarianism."~Ronald Reagan |
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