Obama proposes $1.6 trillion deficit, blames Bush - Page 2 - GoFuckYourself.com

DWB · 02-01-2010, 06:23 PM

Quote:

Originally Posted by BFT3K

FUCK YOU - YOU ANTI-AMERICAN ASSHOLES!

SUPPORT YOUR PRESIDENT, OR LEAVE THE COUNTRY!

(sound familiar?)

I've been gone a while now. Bush was enough for me to throw in the towel.

TheDoc · 02-01-2010, 06:50 PM

Quote:

Originally Posted by cykoe6

I already tried to simplify the rather obvious point in my first post with another post. Alas I believe there is no way I could simplify it to the point that you could understand. Regardless at this point I must disengage from this conversation as I am concerned that your idiocy might be contagious. Best of luck to you.

Lamest twist ever... we aren't talking about your first post, which has already been addressed..

Being that the right around here is a tad slow, here is a refresher of the stupidity in question.

Quote:

Originally Posted by cykoe6

Typical Obamabot blather........ Bush lied and people died........ and as a result we need to socialize healthcare and run massive trillion dollar deficits or else.......... the terrorists (Bush, Cheney, Rove etc.) will have won.

TheDoc · 02-01-2010, 06:53 PM

Quote:

Originally Posted by IllTestYourGirls

Don't forget the "phantom cap-n-trade revues" he is counting in the budget.

http://www.washingtonexaminer.com/op...-83075057.html

Quote:

Originally Posted by 12clicks

This will be ignored by the obama rabble

Ignored? It's an opinion article....

Anyway, when the budget was drafted the bill wasn't killed. If he didn't put it in, you would be saying it's proof it wouldn't work.

And... as he stated, he will simply adjust, but not like you guys listen to what he says - he is listening to you after all... however you listen to talking points and opinion articles that source no facts, borderline anti-American hate is all it is.

NetHorse · 02-01-2010, 07:04 PM

IllTestYourGirls · 02-01-2010, 07:16 PM

Quote:

Originally Posted by **********

He's NOT the 2nd coming of Christ. He's just a smart guy who seems to have vision, and who isn't a walking, talking joke like Dubya.

There are lots of things to poke fun of Obama for. The MSM chooses not to. Obama walked into a god damn window at the white house! Thats pretty funny. And more recently he bowed to a fucking MAYOR!

Come on now thats pretty fucking funny.

onwebcam · 02-01-2010, 07:20 PM

Quote:

Originally Posted by pornguy

What about current crazy spending..

They gave GM another 3 Billion not long ago.. WHY??????

I heard them say on the news 750 BILLION has been given as bail out and they need more..
Had they give that money to the people they would not need more..

Divide 750 BILLION by 360 million

It's never was $700 billion. That was just the reserves. They have multiplied and stolen that many many times over via fractional reserve banking. Last estimate was around 28 trillion.

IllTestYourGirls · 02-01-2010, 07:22 PM

Quote:

Originally Posted by TheDoc

Ignored? It's an opinion article....

Anyway, when the budget was drafted the bill wasn't killed. If he didn't put it in, you would be saying it's proof it wouldn't work.

And... as he stated, he will simply adjust, but not like you guys listen to what he says - he is listening to you after all... however you listen to talking points and opinion articles that source no facts, borderline anti-American hate is all it is.

Im listening to what he says. He says he is going to have a 1.6 trillion dollar deficit and ask for more money for wars than any other president in history. But to be honest there is not much more to listen to after that.

Same old shit.

Borderline anti-American?

Glenn Beck · 02-01-2010, 07:22 PM

i dunno.. probably something about socialism here or something

TheDoc · 02-01-2010, 09:42 PM

Quote:

Originally Posted by IllTestYourGirls

Im listening to what he says. He says he is going to have a 1.6 trillion dollar deficit and ask for more money for wars than any other president in history. But to be honest there is not much more to listen to after that.

Same old shit.

Well, we are going to spend it either way... it's not like you can just freeze everything, and actually think everything will be okay. If your company stopped spending money today, how long would it stay around? Yeah... it's not a very smart business move.

So, now you're getting an honest view of what the real problem is, he isn't hiding it and you aren't being lied to about it. You can hate it, but it's way better than being lied to.

And you may want to listen; you're going to be paying it off and he explains why and how. At least he gives ideas on how to slow it down, start paying it down, growing out output, all types of stuff - it can't happen, yesterday.

Quote:

Originally Posted by IllTestYourGirls

Borderline anti-American?

That would depend on what is being said. In your case, the linked article would be the issue.

The media doesn't 'report' anymore, they create mini-dramas that skew the truth just enough to create entertainment.

GatorB · 02-01-2010, 09:52 PM

Quote:

Originally Posted by cykoe6

Remember how all the Obamabots told us that the record $1.3 trillion deficit in 2009 was all Bush's fault (despite the fact that he had left office)

yeah too bad fro you fiscal years start on Oct 1st so the 2009 budget started in Oct 2008. I do believe Bush was still president.

Secondly the President as you stae PROPOSES budgets he doesn't pass then he's not king. Obama can PROPOSE all he wants CONGRESS is the one that actually passes the budget. If Congress doesn't like it then he won't get everything he wants. All the President can do is sign the budget into law or veto it. So the 2009 budget that started in Oct 2008 was in fact signed by Bush. Meaning he thought it was ok.

02-01-2010, 09:57 PM

Quote:

Originally Posted by 12clicks

the rabble will blame bush until their lord and savior is voted out of office.

Then they'll blame that on him too.

Right on!

GatorB · 02-01-2010, 10:09 PM

Quote:

Originally Posted by pornguy

What about current crazy spending..

They gave GM another 3 Billion not long ago.. WHY??????

I heard them say on the news 750 BILLION has been given as bail out and they need more..
Had they give that money to the people they would not need more..

Divide 750 BILLION by 360 million

Ok first of all all the bailout money given to banks is being paid back WITH INTEREST. SO dfar on teh money thta has been paid back we've made $2 BILLION in PROFIT. Um not bad in my book. Get the money back AND profit. Also GM has to pay back it's money too.

onwebcam · 02-01-2010, 10:39 PM

Quote:

Originally Posted by GatorB

Ok first of all all the bailout money given to banks is being paid back WITH INTEREST. SO dfar on teh money thta has been paid back we've made $2 BILLION in PROFIT. Um not bad in my book. Get the money back AND profit. Also GM has to pay back it's money too.

Once again it's not $700 billion

This is the old estimate the new one is in excess of $28 trillion so you can safely assume that if they only pay back $700 billion+ interest they made off with $27 trillion more.

U.S. Rescue May Reach $23.7 Trillion, Barofsky Says
http://www.bloomberg.com/apps/news?p...=aQEI97EY.fs0#

That's what people don't seem to want to understand. When they deposit that money into 1 bank account it is held there in reserves and earns interest. The bank can then use said reserves to loan out as little as 10x that amount. They did this over and over again paying off their fraudulent credit default swaps. The banks at one time were supposed to hold 10% in reserves but since this bailout and the likes of Goldman Sachs and others became bank holding companies that threshold was raised to an infinite number considering several of those companies are leveraged out 150 to 1. IE they owe 150 times what they have in assets and reserves.

The Demon · 02-01-2010, 11:17 PM

Obama can pretty much kiss the Democratic party goodbye come midterm elections. He has been nothing short of an epic fail that makes Bush look decent. I mean how dumb does he have to be to believe that constant deficit spending is somehow going to stimulate the economy? It didn't work for the Great Depression, actually prolonging it until FDR cut back, it sure as hell isn't going to now. His monetary and fiscal mismanagement has been absurd.

The Demon · 02-01-2010, 11:18 PM

Quote:

Originally Posted by onwebcam

Once again it's not $700 billion

This is the old estimate the new one is in excess of $28 trillion so you can safely assume that if they only pay back $700 billion+ interest they made off with $27 trillion more.

U.S. Rescue May Reach $23.7 Trillion, Barofsky Says
http://www.bloomberg.com/apps/news?p...=aQEI97EY.fs0#

That's what people don't seem to want to understand. When they deposit that money into 1 bank account it is held there in reserves and earns interest. The bank can then use said reserves to loan out as little as 10x that amount. They did this over and over again paying off their fraudulent credit default swaps. The banks at one time were supposed to hold 10% in reserves but since this bailout and the likes of Goldman Sachs and others became bank holding companies that threshold was raised to an infinite number considering several of those companies are leveraged out 150 to 1. IE they owe 150 times what they have in assets and reserves.

I wouldn't put faith on anything GatorB has to say. The guy doesn't understand facts.

The Demon · 02-01-2010, 11:21 PM

Quote:

Originally Posted by 12clicks

doc, go jerk yourself off.
your kind will never learn and this link isn't to educate you, you're not bright enough for that, this is for everyone else who might be close to falling for the idiocy you believe in.

http://online.wsj.com/article/SB123353276749137485.html

"The New Deal is widely perceived to have ended the Great Depression, and this has led many to support a "new" New Deal to address the current crisis. But the facts do not support the perception that FDR's policies shortened the Depression, or that similar policies will pull our nation out of its current economic downturn..........."

so much for what you know about history

I don't know if you've been following theDoc's posts lately, but what he does is post purposely misleading information. Then when someone calls him out on it with actual facts, he retreats and claims he was just baiting everyone.

TheDoc · 02-02-2010, 07:07 AM

Quote:

Originally Posted by The Demon

I don't know if you've been following theDoc's posts lately, but what he does is post purposely misleading information. Then when someone calls him out on it with actual facts, he retreats and claims he was just baiting everyone.

Looks like everyone agreed with ya! Ha!

I'm all up for showing GFY your lies again.. why don't you start off by showing how I was misleading 12clicks? At least prove your own statement isn't a lie....

directfiesta · 02-02-2010, 07:58 AM

I hope the civil war wil be broadcasted live on TV....

Popcorn is ready

CarlosTheGaucho · 02-02-2010, 08:47 AM

Quote:

Originally Posted by DirtyWhiteBoy

He is the 2nd coming of Christ who does no wrong and will spend the country out of recession, while creating millions of new jobs, get the banks lending again, lower taxes, stop every war in the world, close gitmo, put an end to the Patriot Act, win peace prizes while sending troops to war, give every negro his 40 acres and a mule, and will put an end to global warming, AIDS, cancer and David Hasselhoff, all while not needing his teleprompter.

saucygirl · 02-02-2010, 08:57 AM

Good lord, it doesn't matter if Obama supports right wing policies since they'll rail against him and foam at the mouth screaming socialism or some form of 'ism. This bitching from conservaturds is getting old. Isn't there some teabagging convention going on somewhere?

Dappz · 02-02-2010, 09:03 AM

i think this is not a proper time to blame whos fault it is, let work together how we could help our great country!!!!

The Demon · 02-02-2010, 09:52 AM

Quote:

Originally Posted by TheDoc

Looks like everyone agreed with ya! Ha!

I'm all up for showing GFY your lies again.. why don't you start off by showing how I was misleading 12clicks? At least prove your own statement isn't a lie....

Since I post concrete evidence and you post bullshit, I'm going to chalk your response to continued stupidity. Congratulations, you have 1 guy on GFY who doesn't think you're a total moron. Unfortunately, you've embarrassed yourself more times than I can count, to the point where I doubt anybody takes your posts seriously.

TheDoc · 02-02-2010, 10:02 AM

Quote:

Originally Posted by The Demon

Since I post concrete evidence and you post bullshit, I'm going to chalk your response to continued stupidity. Congratulations, you have 1 guy on GFY who doesn't think you're a total moron. Unfortunately, you've embarrassed yourself more times than I can count, to the point where I doubt anybody takes your posts seriously.

Translation: "Doc - I have nothing, so as usual I will stick to my default answer of spewing shit from my mouth."

The Demon · 02-02-2010, 10:38 AM

Quote:

Originally Posted by TheDoc

Translation: "Doc - I have nothing, so as usual I will stick to my default answer of spewing shit from my mouth."

Oh that's just adorable. TheDoc is known to copy my insults verbatim but this is just too hilarious. I mean word for word. Can you get any more embarrassing than that? It's no wonder why nobody takes you seriously.

TheDoc · 02-02-2010, 11:01 AM

Quote:

Originally Posted by The Demon

Oh that's just adorable. TheDoc is known to copy my insults verbatim but this is just too hilarious. I mean word for word. Can you get any more embarrassing than that? It's no wonder why nobody takes you seriously.

Verbatim? .... is that another spew, errrrr I mean lie? Let's see what google says "site:gfy.com "spewing shit from my mouth" Damn, zero results...

Verbatim.... Would you like to change your spew?

Quote:

Originally Posted by TheDoc

I'm all up for showing GFY your lies again.. why don't you start off by showing how I was misleading 12clicks? At least prove your own statement isn't a lie....

Ouch....

The Demon · 02-02-2010, 11:06 AM

Quote:

Originally Posted by TheDoc

Verbatim? .... is that another spew, errrrr I mean lie? Let's see what google says "site:gfy.com "spewing shit from my mouth" Damn, zero results...

Look up results for Translation: (insert insult here). Poor guy. When he gets embarrassed, he has to make up some shit like he caught someone in a lie. Truly upsetting to see someone with this sad mindset.

Owned.

TheDoc · 02-02-2010, 11:12 AM

Quote:

Originally Posted by The Demon

Look up results for Translation: (insert insult here). Poor guy. When he gets embarrassed, he has to make up some shit like he caught someone in a lie. Truly upsetting to see someone with this sad mindset.

Owned.

Damn, the power of your insult spew really cut me down... ouch man, let me be the first to give you a

The Demon · 02-02-2010, 11:14 AM

Quote:

Originally Posted by TheDoc

Damn, the power of your insult spew really cut me down... ouch man, let me be the first to give you a

TheDoc · 02-02-2010, 11:20 AM

Please, as always - I welcome you to keep posting. If your defense is nothing but posting spew... then thanks man!

You are one odd person, I will give you that.

Quote:

Originally Posted by TheDoc

I'm all up for showing GFY your lies again.. why don't you start off by showing how I was misleading 12clicks? At least prove your own statement isn't a lie....

And we wait.....

Tom_PM · 02-02-2010, 11:28 AM

Once again, it makes no sense to engage the dining room table in a discussion. It only knows how to be one thing, and thats all there is to it.

dieselman70 · 02-02-2010, 01:49 PM

Governments do not create private sector jobs, only public sector jobs through tax supported payrolls. If tax revenue drops but spending does not drop in porportion to reduced revenues, it creates a deficit. Not rocket science here. FDR prolonged the Great Depression for an estimated 4-5 years because of his massive defict spending with no additional tax revenue to refill the coiffers. WWII gave the entire world an economic shot in the arm, especially the US because we did not enter the war until after Europe/Russia/Japan were depleting their resources while we were stockpiling and selling to England. The New Deal is considered by some economists a complete failure. If WWII had not begun (stimulated by a world depression) no telling how long the US economy would have suffered. Federal and National governments are the only entities that operate in deficit spending because the print and issue their own currency. However, without sound fiscal policy, just like your household fiscal spending, governments can spend themselves into their own demise. The US Dollar is only backed by the good faith and credit of Washington. When that faith and credit starts to deminish, the USD drops below what other countries are willing to pay and we have no one buying our Treasury Bonds (debt and revenue generator). At that point the US Government goes Bankrupt! Where did that government run healthcare plan get us?

It is "theoretically" proven that in hard economic times public sector spending must reduce by the same ratio as the reduction in tax revenue with some deficit spending as a 'lagging' factor, not a stimulus factor. Reduceing taxes, spending, size of government, federal entitlement programs is the right thing to do but not the Political thing to do if YOUR livlihood depends on reelections. That is why I first stated "theoretically" proven. The World has yet to produce a politician with the balls big enough to stand up in front his or hers constituinets and give US the stright dope. Instead they treat us like 'sheeple' expecting us to accept them as the expert, not ask any questions, and form a line here for our entitlement. We'll figure how to pay for it later.

I supported Bush for the first 6 years then his admin ran out of control. The 'Stimulus' bill to save AIG and GM, too big not to bail out, was vote buying. Why did McCain STOP his election campaign, go back to Washington, appear to make a stand only to vote for the biggest nightmare in US Financial history? To 'look' like the working guys candidtate. BS. Politicians only think in VOTES. They tell us whatever they think we want to hear so we will mark the radio button next to their name in the voting booth. That's it! They will find 'experts' to spin any opinion to their favor. Sheeple, open your eyes, apply basic logic to your political decisions, read between the lines, ignore anything coming out of a politiciains mouth and react to their actions. Words are meaningless if not backed up by action.

Healthcare reform is another vote buying tactic for Pelosi and Company to stay employed for several years-to-come while giving more and more control of our lives over to the same poeple that will tell you anything you want to hear for your vote.

We are a CAPITALIST society. Everyone on this board is a pure capitalist. Marx is rolling in grave by how we embrace and promote capitalism. Capitalism is based on the premise of each individual and indivdual company is free to operate at will, as long as it is not infringing on someone else's civil liberties. Every bill pased by congress limiting our capitalist freedoms is one step closer to total control of our lives by politicians. Is that what you want? Is that what America stands for? Is that what so many poeple from all over the world are beating down our borders for? No. That is what they are leaving. Government control and oppression. Right and Left opinions are what makes any politican system work. But, if too far left or too far right get too much control, government and society go out of control. Moderation, erring on the side of conservatisim, will make for a strong and viable Country everytime.

The Demon · 02-02-2010, 01:53 PM

Quote:

Originally Posted by dieselman70

Governments do not create private sector jobs, only public sector jobs through tax supported payrolls. If tax revenue drops but spending does not drop in porportion to reduced revenues, it creates a deficit. Not rocket science here. FDR prolonged the Great Depression for an estimated 4-5 years because of his massive defict spending with no additional tax revenue to refill the coiffers. WWII gave the entire world an economic shot in the arm, especially the US because we did not enter the war until after Europe/Russia/Japan were depleting their resources while we were stockpiling and selling to England. The New Deal is considered by some economists a complete failure. If WWII had not begun (stimulated by a world depression) no telling how long the US economy would have suffered. Federal and National governments are the only entities that operate in deficit spending because the print and issue their own currency. However, without sound fiscal policy, just like your household fiscal spending, governments can spend themselves into their own demise. The US Dollar is only backed by the good faith and credit of Washington. When that faith and credit starts to deminish, the USD drops below what other countries are willing to pay and we have no one buying our Treasury Bonds (debt and revenue generator). At that point the US Government goes Bankrupt! Where did that government run healthcare plan get us?

It is "theoretically" proven that in hard economic times public sector spending must reduce by the same ratio as the reduction in tax revenue with some deficit spending as a 'lagging' factor, not a stimulus factor. Reduceing taxes, spending, size of government, federal entitlement programs is the right thing to do but not the Political thing to do if YOUR livlihood depends on reelections. That is why I first stated "theoretically" proven. The World has yet to produce a politician with the balls big enough to stand up in front his or hers constituinets and give US the stright dope. Instead they treat us like 'sheeple' expecting us to accept them as the expert, not ask any questions, and form a line here for our entitlement. We'll figure how to pay for it later.

I supported Bush for the first 6 years then his admin ran out of control. The 'Stimulus' bill to save AIG and GM, too big not to bail out, was vote buying. Why did McCain STOP his election campaign, go back to Washington, appear to make a stand only to vote for the biggest nightmare in US Financial history? To 'look' like the working guys candidtate. BS. Politicians only think in VOTES. They tell us whatever they think we want to hear so we will mark the radio button next to their name in the voting booth. That's it! They will find 'experts' to spin any opinion to their favor. Sheeple, open your eyes, apply basic logic to your political decisions, read between the lines, ignore anything coming out of a politiciains mouth and react to their actions. Words are meaningless if not backed up by action.

Healthcare reform is another vote buying tactic for Pelosi and Company to stay employed for several years-to-come while giving more and more control of our lives over to the same poeple that will tell you anything you want to hear for your vote.

We are a CAPITALIST society. Everyone on this board is a pure capitalist. Marx is rolling in grave by how we embrace and promote capitalism. Capitalism is based on the premise of each individual and indivdual company is free to operate at will, as long as it is not infringing on someone else's civil liberties. Every bill pased by congress limiting our capitalist freedoms is one step closer to total control of our lives by politicians. Is that what you want? Is that what America stands for? Is that what so many poeple from all over the world are beating down our borders for? No. That is what they are leaving. Government control and oppression. Right and Left opinions are what makes any politican system work. But, if too far left or too far right get too much control, government and society go out of control. Moderation, erring on the side of conservatisim, will make for a strong and viable Country everytime.

Holy shit, you and kane are the smartest guys on this board. Nobody else on here understands economics better. There are very few people who understand that the Great Depression was prolonged with continuous government intervention. I'm a huge follower of the Austrian School of economics and a big believer of Laissez-faire. Unfortunately, mainstream economics is destroying this country. That and monetary/fiscal mismanagement.

dieselman70 · 02-02-2010, 02:15 PM

One more thing - short, i promise- if Obama is the President that was going to get us out of War in the Middle East, then why did he agree to send 30,000 MORE troops into battle? I thought that was a great opportunity for him stand tall and proud on his campiagn lie, oops I mean promise, and tell Afganistan and Pakistan to deal with the Taliban on their own, through Diplomatic Negotiations. The US has it's own domestic problems to take care of right now.

Doc, I've been following your posts and you make no sense. Your posts are misleading and missing the factual credibility you claim. After a full year in office, EVERYTHING is Obama's now. He had a year to make something happen and we got nothing. It's his baby now. He needs to take full responsibility for where we are today.

The Demon · 02-02-2010, 02:19 PM

Quote:

Doc, I've been following your posts and you make no sense. Your posts are misleading and missing the factual credibility you claim. After a full year in office, EVERYTHING is Obama's now. He had a year to make something happen and we got nothing. It's his baby now. He needs to take full responsibility for where we are today.

ROFL!!! Exactly what he is known and accused of doing on a daily basis. Hilarious. I wouldn't suggest arguing with him, seeing as how he doesn't understand simple, basic concepts regarding...Well anything.

dieselman70 · 02-02-2010, 02:19 PM

Thanks Demon. BS in Keynsian Economics and Anthropology paying off. I actually admired Marx in school but I grew up and began making my own living.

onwebcam · 02-02-2010, 02:20 PM

Quote:

Originally Posted by dieselman70

FDR prolonged the Great Depression for an estimated 4-5 years because of his massive defict spending with no additional tax revenue to refill the coiffers. WWII gave the entire world an economic shot in the arm, especially the US because we did not enter the war until after Europe/Russia/Japan were depleting their resources while we were stockpiling and selling to England. The New Deal is considered by some economists a complete failure.

There's A LOT more to the new deal than most people know. There's a reason why he "intentionally" prolonged the Great Depression. The biggest reason is the US was declared bankrupt in 1933 (by design) and FDR signed the War Powers Act of 1933 which declared all US citizens enemies of the STATE. Since this time they have allowed it to continue and is why every President declares a national emergency within months of being in office. This gives them cover to continue their war on the people.

The Demon · 02-02-2010, 02:21 PM

Quote:

Originally Posted by dieselman70

Thanks Demon. BS in Keynsian Economics and Anthropology paying off. I actually admired Marx in school but I grew up and began making my own living.

Same degree as you(Eco). Now you're starting to see the fundamental flaw of Keynesian economics, the bullshit they teach you in school. I had to read shit on my own for almost a year to get ahead of most economic grad students, because they're learning the wrong school of thought.

The Demon · 02-02-2010, 02:22 PM

Quote:

Originally Posted by onwebcam

there's a lot more to the new deal than most people know. There's a reason why he "intentionally" prolonged the great depression. The biggest reason is the us was declared bankrupt in 1933 and fdr signed the war powers act of 1933 which declared all us citizens enemies of the state. Since this time they have allowed it to continue and is why every president declares a national emergency. This gives them cover to continue their war on the people.

qft.......

TheDoc · 02-02-2010, 02:25 PM

Quote:

Originally Posted by dieselman70

One more thing - short, i promise- if Obama is the President that was going to get us out of War in the Middle East, then why did he agree to send 30,000 MORE troops into battle? I thought that was a great opportunity for him stand tall and proud on his campiagn lie, oops I mean promise, and tell Afganistan and Pakistan to deal with the Taliban on their own, through Diplomatic Negotiations. The US has it's own domestic problems to take care of right now.

He never said he would get out of the Middle East, he campaigned on sending more troops to Afghan and dealing with the REAL problem.

Quote:

Originally Posted by dieselman70

Doc, I've been following your posts and you make no sense. Your posts are misleading and missing the factual credibility you claim. After a full year in office, EVERYTHING is Obama's now. He had a year to make something happen and we got nothing. It's his baby now. He needs to take full responsibility for where we are today.

How are you confused? You simply backed up what I said with far more detail... I was only covering the topic at hand, not writing a book about it.

Yes, we know Obama has been in office for a year... he has done a lot in this year, for sure based on what he had to deal with... he deserves a pat on the back.

How is that, saying everything isn't Obama's now? Of course it is, that is a kind of a stupid statement.

Kard63 · 02-02-2010, 02:26 PM

The Bush economic effect was already set in motion. Obama really had to spend more than half of that because pf Bush. I don't like his flaming liberal games of passing out money but considering how flaming his senate voting record was this is better than we should have expected. Also, if you fools hadn't voted the worst economic president of all time into office twice the republican backlash would not have been so great and a such a huge flamer would not have got elected. You own a little more than half of this anyway you slice it.

TheDoc · 02-02-2010, 02:27 PM

Quote:

Originally Posted by The Demon

Same degree as you(Eco). Now you're starting to see the fundamental flaw of Keynesian economics, the bullshit they teach you in school. I had to read shit on my own for almost a year to get ahead of most economic grad students, because they're learning the wrong school of thought.

You don't have a degree in shit... You have said you were a Doctor, going to school to be a lawyer, a lawyer, and now you have a degree in Economics?

Bullshit...

You're a pathological liar...

onwebcam · 02-02-2010, 02:34 PM

Quote:

Originally Posted by The Demon

qft.......

Hard to believe but it's true. I have a local judge who just this week set aside an entire day (special hearing) for me to lay out my case. He acknowledged just what I said there ON THE RECORD. Even the lawyers in the courtroom were asking me what it was all about because they weren't even taught this stuff obviously because they are committing treasonous acts daily...

dieselman70 · 02-02-2010, 02:35 PM

Like I stated in that 'book', sheeple will only get out of government what sheeple put in government.

Shit-in=shit-out.

You are right in that Bush started this whole thing but Obama voted for it while a Senator and knew what he was getiing into before he was elected president. Obama needs to stop passing the buck and take responsibity.

Tom_PM · 02-02-2010, 02:36 PM

Obama never promised to pull the troops out of the "middle east". He promised to end the war in Iraq, and focus more attention and troops on Afghanistan. Which is precisely what they are doing.

kane · 02-02-2010, 02:37 PM

Quote:

Originally Posted by dieselman70

Governments do not create private sector jobs, only public sector jobs through tax supported payrolls. If tax revenue drops but spending does not drop in porportion to reduced revenues, it creates a deficit. Not rocket science here. FDR prolonged the Great Depression for an estimated 4-5 years because of his massive defict spending with no additional tax revenue to refill the coiffers. WWII gave the entire world an economic shot in the arm, especially the US because we did not enter the war until after Europe/Russia/Japan were depleting their resources while we were stockpiling and selling to England. The New Deal is considered by some economists a complete failure. If WWII had not begun (stimulated by a world depression) no telling how long the US economy would have suffered. Federal and National governments are the only entities that operate in deficit spending because the print and issue their own currency. However, without sound fiscal policy, just like your household fiscal spending, governments can spend themselves into their own demise. The US Dollar is only backed by the good faith and credit of Washington. When that faith and credit starts to deminish, the USD drops below what other countries are willing to pay and we have no one buying our Treasury Bonds (debt and revenue generator). At that point the US Government goes Bankrupt! Where did that government run healthcare plan get us?

It is "theoretically" proven that in hard economic times public sector spending must reduce by the same ratio as the reduction in tax revenue with some deficit spending as a 'lagging' factor, not a stimulus factor. Reduceing taxes, spending, size of government, federal entitlement programs is the right thing to do but not the Political thing to do if YOUR livlihood depends on reelections. That is why I first stated "theoretically" proven. The World has yet to produce a politician with the balls big enough to stand up in front his or hers constituinets and give US the stright dope. Instead they treat us like 'sheeple' expecting us to accept them as the expert, not ask any questions, and form a line here for our entitlement. We'll figure how to pay for it later.

I supported Bush for the first 6 years then his admin ran out of control. The 'Stimulus' bill to save AIG and GM, too big not to bail out, was vote buying. Why did McCain STOP his election campaign, go back to Washington, appear to make a stand only to vote for the biggest nightmare in US Financial history? To 'look' like the working guys candidtate. BS. Politicians only think in VOTES. They tell us whatever they think we want to hear so we will mark the radio button next to their name in the voting booth. That's it! They will find 'experts' to spin any opinion to their favor. Sheeple, open your eyes, apply basic logic to your political decisions, read between the lines, ignore anything coming out of a politiciains mouth and react to their actions. Words are meaningless if not backed up by action.

Healthcare reform is another vote buying tactic for Pelosi and Company to stay employed for several years-to-come while giving more and more control of our lives over to the same poeple that will tell you anything you want to hear for your vote.

We are a CAPITALIST society. Everyone on this board is a pure capitalist. Marx is rolling in grave by how we embrace and promote capitalism. Capitalism is based on the premise of each individual and indivdual company is free to operate at will, as long as it is not infringing on someone else's civil liberties. Every bill pased by congress limiting our capitalist freedoms is one step closer to total control of our lives by politicians. Is that what you want? Is that what America stands for? Is that what so many poeple from all over the world are beating down our borders for? No. That is what they are leaving. Government control and oppression. Right and Left opinions are what makes any politican system work. But, if too far left or too far right get too much control, government and society go out of control. Moderation, erring on the side of conservatisim, will make for a strong and viable Country everytime.

While I agree with much of what you have said here (especially the part about our leaders not doing what is necessarily good for the country, but instead what will get them elected again) the one thing I disagree with is health care reform. Sure, some of it, for some of these politicians, is a tool they will use to get elected again, but I think it is something we badly need. If left unchecked the cost of health care will eat away at the middle class in this country. The strength of this country and our economy rests firmly on the backs of the middle class. As the years go on and the cost of health care goes up and up and up more and more people end up in bankruptcy and losing much of what they have worked years to get just because a family member got hurt or sick. Some people will say that it is not the governments place to take care of people, nor is it a right to get health care. I happen to feel that we can maintain our capitalist ideals, while sometimes stepping in and doing what is best for all of us as a whole.

I'm not saying that the government should run health care. I'm simply saying that health care reform is something that I feel is vital to the future success of this country and if we don't do something about it eventually it is going to bite us in the ass.

Also, I happen to think some government regulation of the financial markets is a good thing. When you look back in history you see that our past is filled with boom and bust periods. Not gain and recession, boom and bust. We need some regulation (much of which was put in by FDR) to help reduce the chances of that happening. As times change more and more people are now relying on 401K and other tools like that for their retirement. You can't allow these people to work their entire lives setting up a retirement fund only to lose it all because a few people on Wall Street got greedy. Over regulation is bad, but putting some in place to keep those that would abuse the system while fucking over the rest of us is a good thing.

TheDoc · 02-02-2010, 02:41 PM

Quote:

Originally Posted by dieselman70

Like I stated in that 'book', sheeple will only get out of government what sheeple put in government.

Shit-in=shit-out.

You are right in that Bush started this whole thing but Obama voted for it while a Senator and knew what he was getiing into before he was elected president. Obama needs to stop passing the buck and take responsibity.

He did know what he was getting into, he said more than once it would be a long hard road, as the short version.

He has taken responsibility on many things too, stuff that isn't his fault and some stuff that is.

If you listen to him speak, you may see some qualities in him that most people in business people do not possess, he takes responsibility directly and deals with it too. Shit is rolling up hill to him, and he isn't pushing it back down as much as 99% of us would.

The Demon · 02-02-2010, 02:45 PM

Quote:

Originally Posted by Kard63

The Bush economic effect was already set in motion. Obama really had to spend more than half of that because pf Bush. I don't like his flaming liberal games of passing out money but considering how flaming his senate voting record was this is better than we should have expected. Also, if you fools hadn't voted the worst economic president of all time into office twice the republican backlash would not have been so great and a such a huge flamer would not have got elected. You own a little more than half of this anyway you slice it.

The worst economic president of all time would be Obama.

The Demon · 02-02-2010, 02:46 PM

Quote:

Originally Posted by TheDoc

You don't have a degree in shit... You have said you were a Doctor, going to school to be a lawyer, a lawyer, and now you have a degree in Economics?

Bullshit...

You're a pathological liar...

Show me where I said I was a doctor. I AM going to school to be a lawyer. Guess what comes before grad school? If you said undergrad, you would be correct

Of course you couldn't even get that far in your rant, which kinda makes me wonder what "phd" you got. ROFL what a moron.

The Demon · 02-02-2010, 02:48 PM

Quote:

Originally Posted by kane

I'm not saying that the government should run health care. I'm simply saying that health care reform is something that I feel is vital to the future success of this country and if we don't do something about it eventually it is going to bite us in the ass.

We ALL want health care reform. We DONT want Obamacare.

Quote:

Also, I happen to think some government regulation of the financial markets is a good thing. When you look back in history you see that our past is filled with boom and bust periods. Not gain and recession, boom and bust. We need some regulation (much of which was put in by FDR) to help reduce the chances of that happening. As times change more and more people are now relying on 401K and other tools like that for their retirement. You can't allow these people to work their entire lives setting up a retirement fund only to lose it all because a few people on Wall Street got greedy. Over regulation is bad, but putting some in place to keep those that would abuse the system while fucking over the rest of us is a good thing.

Kane, boom and bust cycles are a natural part of economics. Goverment regulation prolonges or shortens these booms and busts and there are usually economic consequences afterwards. If they stepped out of the economic spotlight and let us have a true free market economy where the markets control everything and correct when they need to correct, then we would be more prosperous in the long run.

onwebcam · 02-02-2010, 02:48 PM

Quote:

Originally Posted by kane

While I agree with much of what you have said here (especially the part about our leaders not doing what is necessarily good for the country, but instead what will get them elected again) the one thing I disagree with is health care reform. Sure, some of it, for some of these politicians, is a tool they will use to get elected again, but I think it is something we badly need. If left unchecked the cost of health care will eat away at the middle class in this country. The strength of this country and our economy rests firmly on the backs of the middle class. As the years go on and the cost of health care goes up and up and up more and more people end up in bankruptcy and losing much of what they have worked years to get just because a family member got hurt or sick. Some people will say that it is not the governments place to take care of people, nor is it a right to get health care. I happen to feel that we can maintain our capitalist ideals, while sometimes stepping in and doing what is best for all of us as a whole.

I'm not saying that the government should run health care. I'm simply saying that health care reform is something that I feel is vital to the future success of this country and if we don't do something about it eventually it is going to bite us in the ass.

Also, I happen to think some government regulation of the financial markets is a good thing. When you look back in history you see that our past is filled with boom and bust periods. Not gain and recession, boom and bust. We need some regulation (much of which was put in by FDR) to help reduce the chances of that happening. As times change more and more people are now relying on 401K and other tools like that for their retirement. You can't allow these people to work their entire lives setting up a retirement fund only to lose it all because a few people on Wall Street got greedy. Over regulation is bad, but putting some in place to keep those that would abuse the system while fucking over the rest of us is a good thing.

Health care and the "climate change" BS is Obama's New Deal. All they are doing is coming up with and trying to sell to the people new funding schemes to keep their bankrupt corporation afloat.

02-01-2010, 07:04 PM	#54
NetHorse Confirmed User Industry Role: Join Date: Dec 2006 Location: Chicago Posts: 3,526	__________________ ┌∩┐(◣_◢)┌∩┐ ICQ # 427013273

02-01-2010, 11:17 PM	#64
The Demon Confirmed User Industry Role: Join Date: Apr 2003 Posts: 7,336	Obama can pretty much kiss the Democratic party goodbye come midterm elections. He has been nothing short of an epic fail that makes Bush look decent. I mean how dumb does he have to be to believe that constant deficit spending is somehow going to stimulate the economy? It didn't work for the Great Depression, actually prolonging it until FDR cut back, it sure as hell isn't going to now. His monetary and fiscal mismanagement has been absurd. __________________ Greed is Good

02-02-2010, 07:58 AM	#68
directfiesta Too lazy to set a custom title Industry Role: Join Date: Oct 2002 Location: Punta Cana, DR Posts: 29,590	I hope the civil war wil be broadcasted live on TV.... Popcorn is ready __________________ I know that Asspimple is stoopid ... As he says, it is a FACT ! But I can't figure out how he can breathe or type , at the same time ....

02-02-2010, 08:57 AM	#70
saucygirl Confirmed User Join Date: Sep 2008 Location: Vero Beach Posts: 239	Good lord, it doesn't matter if Obama supports right wing policies since they'll rail against him and foam at the mouth screaming socialism or some form of 'ism. This bitching from conservaturds is getting old. Isn't there some teabagging convention going on somewhere? __________________ Saucy Words adult text writing service. Mmmmm. ICQ: 403758674

02-02-2010, 09:03 AM	#71
Dappz Confirmed User Join Date: Dec 2009 Posts: 997	i think this is not a proper time to blame whos fault it is, let work together how we could help our great country!!!! __________________ Hentai Artist * Draw My Anime * HentaiLovers * hentaiG4H * ICQ : 657458

02-01-2010, 07:22 PM	#58
Glenn Beck So Fucking Banned Join Date: Sep 2009 Posts: 408	i dunno.. probably something about socialism here or something

02-02-2010, 11:28 AM	#80
Tom_PM Porn Meister Industry Role: Join Date: Feb 2005 Posts: 16,443	Once again, it makes no sense to engage the dining room table in a discussion. It only knows how to be one thing, and thats all there is to it. __________________ 43-922-863 Shut up and play your guitar.

02-02-2010, 01:49 PM	#81
dieselman70 Registered User Join Date: Nov 2009 Location: Arizona Posts: 41	Think of it terms of your own house Governments do not create private sector jobs, only public sector jobs through tax supported payrolls. If tax revenue drops but spending does not drop in porportion to reduced revenues, it creates a deficit. Not rocket science here. FDR prolonged the Great Depression for an estimated 4-5 years because of his massive defict spending with no additional tax revenue to refill the coiffers. WWII gave the entire world an economic shot in the arm, especially the US because we did not enter the war until after Europe/Russia/Japan were depleting their resources while we were stockpiling and selling to England. The New Deal is considered by some economists a complete failure. If WWII had not begun (stimulated by a world depression) no telling how long the US economy would have suffered. Federal and National governments are the only entities that operate in deficit spending because the print and issue their own currency. However, without sound fiscal policy, just like your household fiscal spending, governments can spend themselves into their own demise. The US Dollar is only backed by the good faith and credit of Washington. When that faith and credit starts to deminish, the USD drops below what other countries are willing to pay and we have no one buying our Treasury Bonds (debt and revenue generator). At that point the US Government goes Bankrupt! Where did that government run healthcare plan get us? It is "theoretically" proven that in hard economic times public sector spending must reduce by the same ratio as the reduction in tax revenue with some deficit spending as a 'lagging' factor, not a stimulus factor. Reduceing taxes, spending, size of government, federal entitlement programs is the right thing to do but not the Political thing to do if YOUR livlihood depends on reelections. That is why I first stated "theoretically" proven. The World has yet to produce a politician with the balls big enough to stand up in front his or hers constituinets and give US the stright dope. Instead they treat us like 'sheeple' expecting us to accept them as the expert, not ask any questions, and form a line here for our entitlement. We'll figure how to pay for it later. I supported Bush for the first 6 years then his admin ran out of control. The 'Stimulus' bill to save AIG and GM, too big not to bail out, was vote buying. Why did McCain STOP his election campaign, go back to Washington, appear to make a stand only to vote for the biggest nightmare in US Financial history? To 'look' like the working guys candidtate. BS. Politicians only think in VOTES. They tell us whatever they think we want to hear so we will mark the radio button next to their name in the voting booth. That's it! They will find 'experts' to spin any opinion to their favor. Sheeple, open your eyes, apply basic logic to your political decisions, read between the lines, ignore anything coming out of a politiciains mouth and react to their actions. Words are meaningless if not backed up by action. Healthcare reform is another vote buying tactic for Pelosi and Company to stay employed for several years-to-come while giving more and more control of our lives over to the same poeple that will tell you anything you want to hear for your vote. We are a CAPITALIST society. Everyone on this board is a pure capitalist. Marx is rolling in grave by how we embrace and promote capitalism. Capitalism is based on the premise of each individual and indivdual company is free to operate at will, as long as it is not infringing on someone else's civil liberties. Every bill pased by congress limiting our capitalist freedoms is one step closer to total control of our lives by politicians. Is that what you want? Is that what America stands for? Is that what so many poeple from all over the world are beating down our borders for? No. That is what they are leaving. Government control and oppression. Right and Left opinions are what makes any politican system work. But, if too far left or too far right get too much control, government and society go out of control. Moderation, erring on the side of conservatisim, will make for a strong and viable Country everytime. __________________ Cam House Blog-Created By Guys for Guys

02-02-2010, 02:15 PM	#83
dieselman70 Registered User Join Date: Nov 2009 Location: Arizona Posts: 41	One more thing - short, i promise- if Obama is the President that was going to get us out of War in the Middle East, then why did he agree to send 30,000 MORE troops into battle? I thought that was a great opportunity for him stand tall and proud on his campiagn lie, oops I mean promise, and tell Afganistan and Pakistan to deal with the Taliban on their own, through Diplomatic Negotiations. The US has it's own domestic problems to take care of right now. Doc, I've been following your posts and you make no sense. Your posts are misleading and missing the factual credibility you claim. After a full year in office, EVERYTHING is Obama's now. He had a year to make something happen and we got nothing. It's his baby now. He needs to take full responsibility for where we are today. __________________ Cam House Blog-Created By Guys for Guys

02-02-2010, 02:19 PM	#85
dieselman70 Registered User Join Date: Nov 2009 Location: Arizona Posts: 41	Thanks Demon. BS in Keynsian Economics and Anthropology paying off. I actually admired Marx in school but I grew up and began making my own living. __________________ Cam House Blog-Created By Guys for Guys

02-02-2010, 02:26 PM	#90
Kard63 Confirmed User Join Date: Nov 2003 Location: 237 619 975 Posts: 8,944	The Bush economic effect was already set in motion. Obama really had to spend more than half of that because pf Bush. I don't like his flaming liberal games of passing out money but considering how flaming his senate voting record was this is better than we should have expected. Also, if you fools hadn't voted the worst economic president of all time into office twice the republican backlash would not have been so great and a such a huge flamer would not have got elected. You own a little more than half of this anyway you slice it. __________________

02-02-2010, 02:35 PM	#93
dieselman70 Registered User Join Date: Nov 2009 Location: Arizona Posts: 41	Like I stated in that 'book', sheeple will only get out of government what sheeple put in government. Shit-in=shit-out. You are right in that Bush started this whole thing but Obama voted for it while a Senator and knew what he was getiing into before he was elected president. Obama needs to stop passing the buck and take responsibity. __________________ Cam House Blog-Created By Guys for Guys

02-02-2010, 02:36 PM	#94
Tom_PM Porn Meister Industry Role: Join Date: Feb 2005 Posts: 16,443	Obama never promised to pull the troops out of the "middle east". He promised to end the war in Iraq, and focus more attention and troops on Afghanistan. Which is precisely what they are doing. __________________ 43-922-863 Shut up and play your guitar.