Archive

Disgusted With Obama Administration.

  • BGFalcons82
    And people want to vote for this imbecile - http://www.buzzfeed.com/zekejmiller/obama-sometimes-i-forget-how-deep-the-recession#HTWF2

    Although, to cut Barry some slack, when you hob-nob around the planet on monthly vacations, play golf 2 or 3 times per week at all the swanky joints, and have to keep Moochelle in the latest and greatest fashion togs, you can lose sight of the common American's plight.
  • QuakerOats
    His own doctor slams obamacare


    http://www.humanevents.com/article.php?id=51433
  • BoatShoes
    gut;1167009 wrote:Good lord....let me try to say it more slowly and clearly for you.


    The issue is FORCED austerity. They were out of options. What you are blaming "austerity" for is really attributable to out-of-control deficits and lack of available financing (i.e. NOT the case with Germany and Sweden, which is why they are able to have a more managed austerity program, the sort I've argued for). It is the typical debt overhang you can observe with companies in the stock market all the time.


    And the one thing Barrow got right is you have no evidence the alternative to austerity is any better. None. It's just a belief Keynesians continue to hang on to despite evidence to the contrary in Japan and Europe. Massive deficit spending is unsustainable, yet that it exactly the logical fallacy you continue to commit in arguing against "austerity".


    Flat out the bottom line is you can't run deficits forever. There is a tipping point that Europe is past, and the US is barreling toward. You don't seem to understand this. I don't disagree with Keynesian economics, but there clearly are limits you and the diehards are incapable of acknowledging.

    First of all you say "what is happening is attributable to out of control deficits." Spain was not a fiscally profligate country. They did not run out of control deficits. They ran surpluses and they are still in deep shit.


    Spain could've spent the surpluses they had saved on productive activity instead of firing people and putting them on the dole; or, Germany and France didn't have to impose the morality play austerity on the PIGS.


    Also, there is lots of evidence that keynesian cyclical spending works; especially to counteract depressions. WWII is exhibit A. Additionally, the IMF has run experiments with real, actual countries demonstrating its efficacy.


    Furthermore, no one is saying that you run deficits forever...you just have to run them at the right times and in the right ways. And, the time is now. It's unfortunate that we ran deficits during low unemployment periods to finance Wars and Unnecessary "pro-growth" marginal tax rate reductions and that we've wasted years running deficits because of people on unemployment insurance and food stamps but the time is now.


    You say we're barreling toward the tipping point and in the same post imply that Germany isn't and yet they have higher debt to gdp than we do. There are limits but we're no where close to that limit. Greece has hit theirs and they should probably leave the Euro and Devalue. When Keynes was writing the UK's debt/GDP ratio was something like 130-150% of GDP.


    You're worried about possible but unlikely problems like a jump in borrowing costs when the real, imminent problem is disastrously high levels of unemployment. Something has to be done about that, do you not agree? If we can get that fixed I'll be right there with you arguing for fiscal consolidation.

    But I suppose I need you to say it for me more slowly and clearly so I can understand :rolleyes:
  • BoatShoes
    QuakerOats;1168068 wrote:His own doctor slams obamacare


    http://www.humanevents.com/article.php?id=51433
    His doctor supports single payer...of course he would slam Obama's conservative, private insurance-oriented solution to universal care.
  • BoatShoes
    BGFalcons82;1167706 wrote:And people want to vote for this imbecile - http://www.buzzfeed.com/zekejmiller/obama-sometimes-i-forget-how-deep-the-recession#HTWF2

    Although, to cut Barry some slack, when you hob-nob around the planet on monthly vacations, play golf 2 or 3 times per week at all the swanky joints, and have to keep Moochelle in the latest and greatest fashion togs, you can lose sight of the common American's plight.
    :rolleyes:
  • believer
    BoatShoes;1168565 wrote:His doctor supports single payer...of course he would slam Obama's conservative,....
    Any government mandated social entitlement program is hardly conservative.
    BoatShoes;1168565 wrote:...private insurance-oriented solution...
    So you're still buying off on that lie? When employers and insurance companies are forced to participate in Obamacare, businesses will clamor to embrace the "public clause" in this so-called "private" plan. Obamacare is designed to force the public single-payer option by default.
    BoatShoes;1168565 wrote:...universal care.
    "Universal care" is government mandated care. Social Security, Medicare, Medicaid, Food Stamps, etc. have all demonstrated how inefficient, bloated, wasteful, and economically challenged government mandated social programs can be.

    The Nanny State is a scary thing.
  • believer
  • Manhattan Buckeye
    "Spain was not a fiscally profligate country. They did not run out of control deficits. They ran surpluses and they are still in deep ****.


    Spain could've spent the surpluses they had saved on productive activity instead of firing people and putting them on the dole;"

    Spain's "surplus" economy was based on the U.S. housing boom on steroids, with their tax base in so much debt to keep up with rising RE prices what do you think would happen when it busted. Are they going to keep paying the people on payroll with funny money? The money was gone. They aren't getting cash from a tax base already in distressed debt. If they could spend their way out of it they would have - no one will borrow to them without exorbitant interest rates. Spain was never productive, they just had a monstrous asset bubble.
  • gut
    believer;1169880 wrote:
    Fantastic. I was waiting for someone to do something like that.
  • gut
    Manhattan Buckeye;1169922 wrote:If they could spend their way out of it they would have - no one will borrow to them without exorbitant interest rates. Spain was never productive, they just had a monstrous asset bubble.
    Only govts, and only according to Keynesians, is throwing MORE cash into the fire a solution to a cash burn problem. They are basically arguing, almost literally, that if you throw enough cash onto the inferno you can smother it out.
  • BGFalcons82
    How does a career politician, who hasn't yet seen their 51st birthday, acquire a net worth of $10,000,000? - http://content.usatoday.com/communities/theoval/post/2012/05/obama-worth-as-much-as-10-million/1

    It's not his books, which haven't been exactly flying off the shelves. Maybe he has the same broker that Hillary used to become a millionaire in the cattle-futures gig? :huh:
  • Manhattan Buckeye
    ^^^

    I can see it...book royalties and practically no expenses for three years. He has his mortgage in Chicago but I presume he itemizes deductions, so even that cost is mitigated to some degree.

    Anyway, back to the thread the whitehouse.gov bio thing is hilarious for those reading about it in Reuters/AP or watching Fox news. What a narcissist.
  • QuakerOats
    http://radio.foxnews.com/toddstarnes/top-stories/catholic-university-says-obamacare-will-double-insurance-costs.html


    The obama War on Catholic Religion continues ............................. change we can believe in ...
  • gut
    Manhattan Buckeye;1172728 wrote:^^^

    I can see it...book royalties and practically no expenses for three years. He has his mortgage in Chicago but I presume he itemizes deductions, so even that cost is mitigated to some degree.

    Anyway, back to the thread the whitehouse.gov bio thing is hilarious for those reading about it in Reuters/AP or watching Fox news. What a narcissist.
    The number I think I heard on his book deals was like $3M, and that was back 3-4 years ago. Might have been for each book, and I'm sure sales have been brisk since becoming POTUS.

    Remarkable, really. He's the political version of Bernie Madoff. There's no substance or accomplishment and you wonder how in hell did this guy get where he is? Both are pied pipers who were able to seduce a lot of people, a lot of intelligent people too.
  • believer
    gut;1173014 wrote:Both are pied pipers who were able to seduce a lot of people, a lot of intelligent people too.
    Including the mainstream media. No wait....You said intelligent people.
  • IggyPride00
    The newest Fox News poll released today has BHO leading Willard 46-39.

    Is this some kind of Jedi mind trick they are playing to fire up Conservative voters?
  • believer
    IggyPride00;1173543 wrote:The newest Fox News poll released today has BHO leading Willard 46-39.

    Is this some kind of Jedi mind trick they are playing to fire up Conservative voters?
    They're just giving in to the Dark Side of the Force.
  • QuakerOats
    IggyPride00;1173543 wrote:The newest Fox News poll released today has BHO leading Willard 46-39.

    Is this some kind of Jedi mind trick they are playing to fire up Conservative voters?
    Sort of, it was a flawed poll of registered voters, not likely voters. Things are actually rapidly turning in Romneys favor, he is even in Wisconsin now and of course has pulled way ahead in NC. It could end up being a Romney landslide.
  • BGFalcons82
    QuakerOats;1174150 wrote:It could end up being a Romney landslide.
    It's looking more and more like it. I wonder what the next distraction from the DNC will be?

    They've trotted out the War on Women story...and failed.
    They've gone after the Romney dog without realizing their guy eats them....and failed.
    They trial-ballooned a story that Romney wouldn't have taken out Bin Laden....and failed.
    They've re-visited Romney's Bain Capital experience...and failed.
    Maybe someone can find a rock on the Romney estate with the "n-word" painted on it from 20 years ago? Oh wait...wrong Republican...sorry.

    Where's Dan Rather when they need him most???
  • jhay78
    BGFalcons82;1174283 wrote:It's looking more and more like it. I wonder what the next distraction from the DNC will be?

    They've trotted out the War on Women story...and failed.
    They've gone after the Romney dog without realizing their guy eats them....and failed.
    They trial-ballooned a story that Romney wouldn't have taken out Bin Laden....and failed.
    They've re-visited Romney's Bain Capital experience...and failed.
    Maybe someone can find a rock on the Romney estate with the "n-word" painted on it from 20 years ago? Oh wait...wrong Republican...sorry.

    Where's Dan Rather when they need him most???
    I have a feeling we haven't seen anything yet. These people will not hand over their power without some serious tantrums.
  • QuakerOats
    [h=2]BREAKING NEWS[/h]
    U.S. SETS PRELIMINARY DUTIES OF 31.22% ON CHINESE SOLAR IMPORTS


    hmmmm ....... imagine that
  • believer
    QuakerOats;1174450 wrote:"Born in Kenya, raised in Hawaii" ....... per his literary agent.

    http://www.breitbart.com/Big-Government/2012/05/17/The-Vetting-Barack-Obama-Literary-Agent-1991-Born-in-Kenya-Raised-Indonesia-Hawaii
  • ptown_trojans_1
    QuakerOats;1174450 wrote:"Born in Kenya, raised in Hawaii" ....... per his literary agent.

    http://www.breitbart.com/Big-Government/2012/05/17/The-Vetting-Barack-Obama-Literary-Agent-1991-Born-in-Kenya-Raised-Indonesia-Hawaii
    Come on, this didn't work in 2008 and won't work now.
    Give it up.
  • Manhattan Buckeye
    jhay78;1174302 wrote:I have a feeling we haven't seen anything yet. These people will not hand over their power without some serious tantrums.
    Did you see Biden in Youngstown yesterday? The tantrums have already started. The administration can't run on its (awful) record so it is one deflection after the other. Class warfare. Romney is a bully. Obama is awesome, really, just ignore his economic record.

    Had no idea 3 years ago it would be this bad.