Disgusted with obama administration - Part II
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BoatShoes
The shrinking "deficit" is essentially a clock for a recession. Which is not hard to understand as it means shrinking the balance sheets of private citizens which will cause nominal spending to contract (unless the FED is able to induce more spending with loose monetary policy). When nominal spending contracts, you get a recession. The recession happens and automatic stabilizers go into effect and automatically increase the deficit again....i.e. food stamps, unemployment insurance in addition to whatever Congress does to try to and fight the recession (stimulus checks in Bush years...ARRA in Obama years) and then the beat goes on with everybody saying "we must be fiscally responsible" when it's just absolute nonsense for the sovereign government to budget that way. Responsibility is maximum employment production and purchasing power. -
BoatShoes
Young people are drawn to Ron Paul because they're sick of old men sending young men to die in worthless wars and young people don't support any of the social issues crusades. That's why the Paul's are the worst because their other ideas are seductive but their economic ideas are literally the worst of anybody's who has political clout. The type of hard money economic policies that they would put into place are the kind that lead to marxist revolutions.BGFalcons82;1614866 wrote:I believe this is why young people are drawn to Ron Paul. -
BoatShoes
LOL no it doesn't show that the White House changed the talking points! My God it is just a prep for the appearances that emphasizes the same things as the talking points.jmog;1612026 wrote:Yeah, nothing new here right? Just proof that the WH changed the talking points toward a video just so that the Presidents policies didn't look bad. Yeah, nothing new...you can not be serious.
unless you are believing the lie from the press secretary that the state department included this email in a list of documents about Benghazi but in fact it had nothing to do with Benghazi. Do you believe that lie? Because if not then it most certainly proves what conservatives have said all along, that the WH wanted Benghazi to be about the video.
This is what you people don't understand....this email is a nothing-burger to normal people who were not convinced a priori that there is a cover-up or a scandal. I do think Carney lied when he says it wasn't "about benghazi"...that was a terrible answer...but he didn't want to give the conservative rage machine the true answer...."we just didn't think it was important". That's the real answer. It adds nothing.
What conservatives have said all along is that the White House, through Susan Rice, blamed the specific Benghazi Terror attack on the video. But. They. Never. Did. They blamed the protests in the Middle East on the reaction to the middle east...and we've already covered that ad nauseum in this forum. When Jake Tapper asked Susan Rice, they were talking about the protests and Conservatives and their epic rage machine...turned it into her blaming the terror attack on the video when she never did that. -
BoatShoes
Nobody that the Democratic Party or the Republican Party will put anywhere near the ticket in 2016 will have any policy policies that will prevent a lost decade. But gays will be able to get married and we might be able to limit abortions to 20 weeks!gut;1614836 wrote:It honestly almost makes me cry that Obama makes Hillary look like a savior...ignoring the fact that Obama got swept into power because so many thought he was a savior. -
believer
Ummmm....you still make the assumption that the key to a robust economy is massive government spending. In other words you believe that the government should confiscate wealth generated by the producers and redistribute that wealth via gubmint spending allegedly designed to create jobs for the jobless. Or at the very least you subscribe to the idea that we can and should create wealth out of thin air and pass it around liberally so we can all dance a jig. Didn't work in the 1930's and won't work now.BoatShoes;1615076 wrote:Literally nobody in Washington gets it. All horses, just of a different color. Obama and the Democrats think shrinking the private sector's balance sheets by raising taxes is a good thing...The Tea Party Derps and the Republicans think shrinking the private sector's balance sheets by cutting spending is a good thing.
We've been in a recession for the better part of the past 7 years. The leftists in the mainstream media and the Barry Bunch want us to buy off on the idea that we're simply experiencing a "jobless recovery".BoatShoes;1615076 wrote:A recession is right around the corner as the closing "deficit" continues to drain financial assets from where it really counts...the bank accounts of private citizens.
One of the greatest mistakes Congress ever made was the creation of the Fed. Private bankers plus politicians on the take = nothing good. Time to get rid of it.BoatShoes;1615076 wrote:The Fed has the power to try and stop it by making the financial asset base more liquid but it will inevitably lead to a bubble (although bubble after bubble is still better than decades of depression and no bubble like in Japan).
Eliminating income tax is something we can agree on. That in and of itself will free up massive amounts of private sector wealth and stimulate the economy. However, your "larger deficit" notion doesn't have to be. Stop assuming a robust economy is tied to government spending. Cut government spending AND cut taxes.BoatShoes;1615076 wrote:Just eliminate the income tax and let the "deficit" boom...and the economy will boom. It doesn't matter what way you do it...you just have to increase the net financial assets on private sector balance sheets with a larger "deficit". -
gut
Unable to admit Keynesian economics is a failure Boat has now absurdly lowered the bar to declare the inevitability of a 2nd lost decade (first one almost in the books with the end of Obama's term)...and unsurprisingly seems to be entirely ok with that.believer;1615086 wrote:Ummmm....you still make the assumption that the key to a robust economy is massive government spending.
Screw real economic growth and a productive economy...so long as govt is getting bigger and spending more that's all that matters, even if the vast majority of people are getting little to no benefit from those massive deficits. They're just passing the debt on to the children and grandkids, anyway. -
Manhattan Buckeye
Stop embarrassing yourself. Your heroes are making a fool out of you. Unfortunately the dumber 50% believe this and the elite 5% are covering this up.BoatShoes;1615080 wrote:LOL no it doesn't show that the White House changed the talking points! My God it is just a prep for the appearances that emphasizes the same things as the talking points.
This is what you people don't understand....this email is a nothing-burger to normal people who were not convinced a priori that there is a cover-up or a scandal. I do think Carney lied when he says it wasn't "about benghazi"...that was a terrible answer...but he didn't want to give the conservative rage machine the true answer...."we just didn't think it was important". That's the real answer. It adds nothing.
What conservatives have said all along is that the White House, through Susan Rice, blamed the specific Benghazi Terror attack on the video. But. They. Never. Did. They blamed the protests in the Middle East on the reaction to the middle east...and we've already covered that ad nauseum in this forum. When Jake Tapper asked Susan Rice, they were talking about the protests and Conservatives and their epic rage machine...turned it into her blaming the terror attack on the video when she never did that. -
Manhattan Buckeyehttp://www.politifact.com/punditfact/statements/2014/may/04/cokie-roberts/cokie-roberts-susan-rice-didnt-put-whole-benghazi-/
Susan Rice lied. Plain and simple. -
BoatShoes
My God there is literally no country in the world that is following the Keynesian prescription for what should be done right now. I mean are you serious? It is 2014. The Republicans have controlled the Public Purse since 2010!gut;1615103 wrote:Unable to admit Keynesian economics is a failure Boat has now absurdly lowered the bar to declare the inevitability of a 2nd lost decade (first one almost in the books with the end of Obama's term)...and unsurprisingly seems to be entirely ok with that.
Screw real economic growth and a productive economy...so long as govt is getting bigger and spending more that's all that matters, even if the vast majority of people are getting little to no benefit from those massive deficits. They're just passing the debt on to the children and grandkids, anyway.
We've had 4 years of consolidation! The only economic doctrine that is being tried to combat this is Milton Friedman style monetarism. That worked to a degree in 2013. Better than I thought it would. But, not looking good for 2014 with growth at 0.1%
Honestly I thing we can safely say that if you think Keynesianism is being tried in America or anywhere else than you have no idea what you're talking about.
A $2 trillion dollar deficit financed tax cut right now is Keynesianism. Years and years of sequesters and tax raises on "the rich" is not keynesianism. -
BoatShoes
My "heroes"? God you're lame.Manhattan Buckeye;1615104 wrote:Stop embarrassing yourself. Your heroes are making a fool out of you. Unfortunately the dumber 50% believe this and the elite 5% are covering this up. -
BoatShoes
Right in your very link it makes the same point that I have madeManhattan Buckeye;1615105 wrote:http://www.politifact.com/punditfact/statements/2014/may/04/cokie-roberts/cokie-roberts-susan-rice-didnt-put-whole-benghazi-/
Susan Rice lied. Plain and simple.
Remember the day. There were protests erupting all over the middle east over this stupid video. When Susan Rice went onto CNN and Jake Tapper asked her about it she said..."What happened in Egypt, What happened in Benghazi...this was over the video".
She was blaming the protests on the video.
Where the CIA and the State Department ended up being wrong was that there were not reactionary protests in Benghazi like there were elsewhere. That is incompetence or ineptitude but they didn't lie or mislead the public. They told the people what they thought they knew at the time. Case Closed. But, the Republican noise machine needed an election strategy to get you all riled up and turned it into a coverup.
Really it is incredibly sad that as inept and pathetic the Obama administration has been....this is the best that the GOP can do. Truly mind-boggling and embarrassing times for the United States. -
BoatShoes
Our deficits are shrinking. Taxes have gone up (stupid). And that "debt" being passed to the children and grandkids is not a burden in anyway whatsoever...just like passing on a savings account is not a burden on the next generations either.gut;1615103 wrote:
Screw real economic growth and a productive economy...so long as govt is getting bigger and spending more that's all that matters, even if the vast majority of people are getting little to no benefit from those massive deficits. They're just passing the debt on to the children and grandkids, anyway. -
BoatShoes
LOL what have I said that would lead you to believe I am ok with it? I assure you it probably upsets me more than you because U.S. fiscal policy has more closely tracked your prescriptions over the last four years than my own. Hope this helps.gut;1615103 wrote:.and unsurprisingly seems to be entirely ok with that. -
BoatShoes
:RpS_bored: No I do not! The key to making the economy grow and having a robust economy is more nominal spending. I don't care where it comes from. But, if you're going to cut Federal Government Spending you have to offset that with more private sector spending or the economy is going to shrink. That's straight out of the GDP equation.believer;1615086 wrote:Ummmm....you still make the assumption that the key to a robust economy is massive government spending.
No I do not. There is no such thing as "redistribution of wealth" in our monetary system. The Congress could give any amount of dollars to the poor it wants without a dime from you. Taxes destroy your money permanently and forever. The reduce the money supply. Taxes need to drastically reduced. We've been conned into thinking we need such high levels of taxation to provide the amount of government that we want and it is nonsense.In other words you believe that the government should confiscate wealth generated by the producers and redistribute that wealth via gubmint spending allegedly designed to create jobs for the jobless.
The Congress can hire the unemployed and allow all of our citizens to be "producers" without a dime from you. Federal Taxes serve other purposes like creating an incentive for the government to be accountable to its people, creating a notional demand for the Federal Government's money, creating a social price mechanism or discouraging bad behavior like smoking or pollution but that absolutely serve zero revenue function.
Anybody who says their money is confiscated and redistributed to the p00rz is wrong, wrong, wrong.
The Congress is the scorekeeper of the dollar. They're just accounting units. The scorekeeper at the Browns game does not need to take points away from one team and give them to another team. It would literally make no sense to even say that scorekeeper could possibly do that. Saying that the federal government is redistributing dollar units is just as non-sensical.
Unfortunately though that is part of the con perpetrated on the laboring class to divide them. They split up into opposing factions fighting over the scraps with the one's on the red team screaming bloody murder that they're getting their scraps taken away and transferred to the ones on the blue team. Brilliant strategy to justify overly high taxes and unjust government service...but not in anyway true.
The Congress is empowered to create claims on itself that amount to the safest kind of financial wealth in the entire world...it's backed up by the real wealth and productivity of the whole United States and not to mention 5,000 nuclear weapons. When the Congress creates financial wealth it is creating claims on the real wealth of our society. I mean jeez every single U.S. dollar or U.S. dollar denominated checking account are debts of the United States at the end of the day. There is nothing phony about it.Or at the very least you subscribe to the idea that we can and should create wealth out of thin air and pass it around liberally so we can all dance a jig. Didn't work in the 1930's and won't work now.
Indeed every single U.S. dollar in existence must have either come from the Congress spending it into existence or from a Fed Member Bank regulated by Congress' bank creating it with a loan. Period.
A recession has an actual definition and no we have not been in a recession for the past seven years. Buying in the false us v. them narrative...that there's this liberal media against you...won't make that any less true.We've been in a recession for the better part of the past 7 years. The leftists in the mainstream media and the Barry Bunch want us to buy off on the idea that we're simply experiencing a "jobless recovery".
Not that this depression of perpetual slow growth and mass unemployment is any better.
No it isn't. Every Fed Chair ever has pointed out that the FED is accountable to Congress. Congress created the FED and it is a creature of Congress. This idea that is a charade run by a cabal of private bankers is nonsense straight out of World Net Daily. If it weren't for the Federal Reserve we would already be in a depression.One of the greatest mistakes Congress ever made was the creation of the Fed. Private bankers plus politicians on the take = nothing good. Time to get rid of it.
Cutting federal government spending has the same macro effect of raising income taxes....and that is true even if that federal government spending is inefficient. So, you want to cut federal government spending, in a country that runs a trade deficit, you have to cut taxes to such a level so as to keep a federal government deficit if you want growth to be driven by strengthening private sector balance sheets as opposed to relying on private sector leveraging.Eliminating income tax is something we can agree on. That in and of itself will free up massive amounts of private sector wealth and stimulate the economy. However, your "larger deficit" notion doesn't have to be. Stop assuming a robust economy is tied to government spending. Cut government spending AND cut taxes. -
jmog
There is no possible way you could believe all this with a straight face, no way.BoatShoes;1615148 wrote:Right in your very link it makes the same point that I have made
Remember the day. There were protests erupting all over the middle east over this stupid video. When Susan Rice went onto CNN and Jake Tapper asked her about it she said..."What happened in Egypt, What happened in Benghazi...this was over the video".
She was blaming the protests on the video.
Where the CIA and the State Department ended up being wrong was that there were not reactionary protests in Benghazi like there were elsewhere. That is incompetence or ineptitude but they didn't lie or mislead the public. They told the people what they thought they knew at the time. Case Closed. But, the Republican noise machine needed an election strategy to get you all riled up and turned it into a coverup.
Really it is incredibly sad that as inept and pathetic the Obama administration has been....this is the best that the GOP can do. Truly mind-boggling and embarrassing times for the United States. -
Manhattan Buckeye
He has to be the biggest troll I've ever seen on any message board or the dumbest person I've ever met online or otherwise. Of course they lied to us, and continue to lie to us. Because they think we are stupid, and election results prove them right. People like BS are like Tina Turner that are married to an abusive spouse and kid themselves for years. "Hit me again Ike, and this time put some stank into it!" (from Liar Liar)jmog;1615302 wrote:There is no possible way you could believe all this with a straight face, no way. -
gut
This is looney toons. We've made little real effort to reign in spending or limit debt - Obama is getting lots of credit for literally flushing less money down the toilet. And QE has just been welfare for the banks and rich with very little economic value.BoatShoes;1615150 wrote:LOL what have I said that would lead you to believe I am ok with it? I assure you it probably upsets me more than you because U.S. fiscal policy has more closely tracked your prescriptions over the last four years than my own. Hope this helps.
The only reason you think policy has been closer to what I want is you subscribe to the idiocy that debt and deficits have no negative economic effects. The same idiocy that, if they even acknowledge the failures of keynesian economics, do so saying the deficit (stimulus) wasn't enough. The same idiocy that has people start out to criticize Obama, then dismiss it as someone else's fault, and end-up praising him for trying. -
jmogNo, the WH would NEVER twist words, ask people to lie, ask people to misrepresent their findings, etc would they...
Oh wait, now Geithner is coming out and telling the truth about this administration...
http://www.foxnews.com/politics/2014/05/12/geithner-says-in-book-tried-to-put-words-in-his/ -
gut"Pfeiffer said the line was a 'dog whistle' to the left"
Such a concise description of the left's flock of sheep....no one else hears it and can't figure out why they are going so batshit crazy. That's one of Obama's people using the line matter-of-factly to describe the Democratic base as possessing the intelligence of trained pets. -
believer
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QuakerOatsBoatShoes;1615078 wrote:.... policies that they would put into place are the kind that lead to marxist revolutions.
You mean similar to the one currently being undertaken by the obama regime? -
Devils Advocate
I thought the regime was socialist. -
Manhattan Buckeye
Nope. Statist. Can't criticize the powers that be. Say what you will about the tenets of socialism, at least it is an ethos. The current administration is nothing more than fooling people.Devils Advocate;1615631 wrote:I thought the regime was socialist. -
QuakerOatsThe Left-Wing's War on Energy rolls on:
[h=3]Energy-Efficiency Bill Deadlocked, Killing A Possible Keystone XL Approval Vote.[/h]The Washington Post (5/13, Kane) reports that the Senate deadlocked Monday on the Shaheen-Portman energy-efficiency bill that would also have paved the way for a vote on the Keystone XL pipeline. The 55-36 vote, mostly along party lines, effectively filibustered the energy-efficiency bill. Senate Majority Leader Harry Reid (D-NV) said that the vote was doomed by Republicans who wanted to add amendments curbing the Environmental Protection Agency’s ability to regulate emissions from power plants. The Shaheen-Portman bill was supposed to pass with no amendments from either party and was to be followed by a vote on a bill ordering the Keystone XL pipeline be approved. The amendments proved too much for Democrats, and the vote to advance legislation did not pass. Republicans interviewed said that no agreement such as described by Reid was ever made.