[QUOTE=Doppelganger]You seem appalled by Bush spending less than a Trillion in 8 years on 2 wars.[/QUOTE]And also the billions needed to clean up after Katrina.
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[QUOTE=Doppelganger]You seem appalled by Bush spending less than a Trillion in 8 years on 2 wars.[/QUOTE]And also the billions needed to clean up after Katrina.
If you know this paper, calling them Liberal is an understatement. Yet, even they recognize change is in the wind.
[url]http://www.sfgate.com/cgi-bin/blogs/nov05election/detail?entry_id=71462[/url]
Sysco
Here's another one: The Cash for Clunkers program was a. Clunker.
Even NPR, that bastion of liberalism, concedes it: [url]http://www.npr.org/blogs/money/2010/09/02/129608251/cash-for-clunkers[/url]
It accomplished two things:
1. It shifted car purchases forward, but did not impact total purchases, because once the program ended sales declined substantially. That's according to the study that the article linked above discusses. The net result: No greater car sales than would otherwise have occurred.
2. It boosted sales for Japanese car manufacturers. All of the top 10 clunkers traded in were American models. 6 of the top 10 cars purchased were Japanese or Korean models.
So, the program didn't increase auto sales. But, it did cause 60% of those trading in American cars to purchase a Japanese car. Stated another way, the Obama Administration succeeded in taking our tax dollars and giving it to Americans so that they could give 60% of it to Japanese auto makers. No doubt, American consumers have been trending toward Japanese cars for a long time. But, this program was billed as a boon to U. S. Auto manufacturers. It was anything but. Indeed, it obviously accelerated the trend of purchases to Japanese.
And these guys are supposed to be on our team. Their tax gimmicks don't work. Small wonder folks don't trust these guys on their stimulus efforts or the sham small business tax plan they're trying to deceive the public with now.
It's amazing even this morning to hear Obama talk about private sector jobs created even as he deliberately ignores the fact that the unemployment rate went up to 9.6%. Does he really think folks are that stupid? Apparently, he does. He'll get a rude awakening in two months.
The economy is a mystery. Our limited understanding of the economy suggested that an influx of money from the government would stimulate the economy.
Obviously, this is not working and something else is at play.
During the Great Depression the world made the mistake of initiating policies that restricted free trade and restricted the supply of money. This not only didn't work but probably weakened the economy.
We may be in for a world of hurt because we do not have a clue how the economy really functions.
A hundred years ago we had a different view of the economy. It was widely understood that every 10 years or so the economy would go through a correction. This happened like clockwork until 1929 when when the government thought it should intervene. The government intervened and we were dealt - gracias a Big Brother - the Great Depression.
Obama and the Dems are talking about "targeted" fed spending but are going out of their way to not call it "stimulus"
[QUOTE=Doppelganger]No, your boy has not been consistent, your just trying to reinterpret his words on the campaign trail and after entering office to what you want to hear today. He was very clear; the Bush Tax Cuts were to be allowed to expire, period. There was no caveat in his statements about "except for joint filers earning less than $250K". [/QUOTE]This is pointless semantics. Without action all the tax cuts expire. Whether there is action to (i) extend the cuts for a subgroup, or (ii) let all cuts expire and introduce the same cuts for that subgroup, it's the same result. You could be correct that in 2008 he never phrased it as an extension. And if now he is phrasing it as an extension, then you have a case he is inconsistent in choice of words. But such quibbling on words is pointless, his intention for middle class taxes not to increase has been constant.
That Fox News story implied Obama was changing his position on middle class taxes for election purposes. At best you've made a possible case that the Fox News story is merely a huge deception, rather than a huge lie.
[QUOTE]Are you really trying to tell me Obama did not spend over $1 Trillion dollars on Wall Street / AIG / et. Al. In his first year? Now who is making things up here! [/QUOTE][QUOTE]As far as the Stimulus I am speaking of both with the greater emphasis on Obama's bail out of Wall Street as well as the GM Chrysler take over. [/QUOTE]Are you kidding me??? The Wall Street / AIG bailout was TARP, not Stimulus. TARP was signed into law in October 2008 by Bush. This made it part of FY09, but it wasn't spending approved by Obama. Obama didn't bail out Wall Street.
Why should I take you even slightly seriously when you don't have basic facts like this straight?
[b][u]EDITOR'S NOTE[/u]: [/b] [blue]This report was deleted because it consisted solely of an [u]unannotated link to another website[/u]. Please do not post links to other websites without some explanation as to what may be found at the linked webpage. In other words, if you want to post a link to another website, please include some commentary describing what the link is to. [/blue]
[QUOTE=Miamipro]I hope they let the bush tax cuts expire. It will help pay the deficit. And I find it hilarious how not one Republican when asked if the the Bush Tax Cuts where to continue how they would be paid for. Not one could give a straight answer they just tried to politicize it. Its to bad we can't post Video up here. Some of its priceless.
BTW someone who refers to Healthcare reform as Obamacare has been watching to much FOX NEWS other wise known as FAUX NEWS. Unfair and extremely Unbalanced.
I can't afford Healthcare at its current prices and as a middle class American. I am glad Obama took a baby step to address this problem. I say baby step because it should have been a single payer program like the rest of the sane world has. Case in point. I have gone to Medellin Colombia to get all my dental work done and had some other medical things done at a FRACTION of the cost. Why? Because they don't think health care is a privilege. Its a necessity. But at the end of the day its not the politicians running this country into the ground its the corporations.[/QUOTE]Goodness, Where to start. Certain components of the tax increase on the wealthy that are coming down the pike are going to increase the deficit. As candidate Obama said in an interview with Charles Gibson some years ago, even though a higher capital gains tax rate likely would DECREASE the amount of tax paid by the wealthy, we should do it in the name of fairness. This is the same argument used by Citizens for Tax Justice. On their web site, they mention a Congressional Budget Office study showing that the percentage of income taxes paid by the wealthy would be higher with the Bush tax cuts in place than they would be without the tax cuts. But the tax cuts should go anyway, in the name of justice and fairness.
In other words, it's fine if everyone is poorer, as long as the rich become poorer faster.
While a lot of Republicans are cut from the same mold as most Democrats, there are those who have come out and said exactly how the government could cut spending -- Mike Pence, Jeff Flake, John Shadegg to name a few.
I don't know much about the new healthcare laws, but apparently the politicians are doing exactly what you want them to do -- throw more money at the problem without fixing it. We already spend 16% of GDP on healthcare, much more than any other country in the world. Medicare is probably going to bankrupt this country.
[QUOTE=Exon123][b][u]EDITOR'S NOTE[/u]: [/b] [blue]This report was deleted because it consisted solely of an [u]unannotated link to another website[/u]. Please do not post links to other websites without some explanation as to what may be found at the linked webpage. In other words, if you want to post a link to another website, please include some commentary describing what the link is to. [/blue][/QUOTE]This is a MUST SEE video for anyone interested in the immigration debate, whether you are a citizen, an illegal alien or a Congressman. All » This clip from the longer video, Immigration by the Numbers, features Roy Beck demonstrating the catastrophe of the huge numbers of both legal and illegal immigration by Third World people into the modern nations. He uses standard statistics and simple gumballs to show this disaster in the making.
Video was done by roy beck:
On you tube.
[url]http://www.youtube.com/watch?v=n7WJeqxuOfQ&feature=player_embedded[/url]
[url]http://www.answers.com/topic/roy-beck[/url]
Full video on google:
[url]http://video.google.com/videoplay?doc[/url].
Yes Esten TARP was passed before Obama took office, but last time I checked his administration has been in charge of the majority of the funds and most of the oversite of the program but let's not leave out the Stimulus which may yet result in a double dip recession. I guess you believe TARP was passed, all the fund distributed and oversite completed in 2 months? About the only thing Obama has not fxxk up is his vacations.
I know - Its all Bush's fault. I don't think anyone is buying that anymore
Whichever way you look, there is plenty of fault to pass around. But what is more crucial is the health of the American value system, a subject that everyone is keen to ignore. And I am not going to be the one to lay it naked on the table here.
So regardless of Bush & Obama, the road has been carved, and it is a road that lead to? But not to worry, life will be great for you and me.
[quote=The Constitution of the United States]Article 1, Section 7. All bills for raising revenue shall originate in the house of representatives; but the senate may propose or concur with amendments as on other bills.[/quote] In other words, it's not the President's budget. It belongs to Congress. Yes, Congress.
The last "Republican" budget was 2007, with a deficit of $161 billion - reduced from about $400 billion in 2004. The 2008 budget, with its record (then) deficit of $455 billion, was the product of a Democrat-run Congress; George W. Bush forced some compromises in that one. In 2009, Congress bypassed Dubya entirely through "continuing resolutions" to keep the Federal government running until Obama came into office. The 2009 budget nearly QUADRUPLED that "record-setting" $455,000,000,000 deficit from 2008.
The [I]smallest[/i] CBO-projected budget in the attached graph is for 2011. The Congressional Budget Office expects that one to be over $600 billion dollars; and after that, the deficit goes whoopin' and hollerin' into the sunset.
[I]Incidentally, Barack Obama was in the Senate to vote for the 2008 budget and the 2009 "continuing resolutions". [/i]
Whose budget?
[QUOTE=Doppelganger]Yes Esten TARP was passed before Obama took office, but last time I checked his administration has been in charge of the majority of the funds and most of the oversite of the program but let's not leave out the Stimulus which may yet result in a double dip recession. I guess you believe TARP was passed, all the fund distributed and oversite completed in 2 months? About the only thing Obama has not fxxk up is his vacations.
I know - Its all Bush's fault. I don't think anyone is buying that anymore[/QUOTE]
[QUOTE=Doppelganger]Yes Esten TARP was passed before Obama took office, but last time I checked his administration has been in charge of the majority of the funds and most of the oversite of the program but let's not leave out the Stimulus which may yet result in a double dip recession. I guess you believe TARP was passed, all the fund distributed and oversite completed in 2 months? About the only thing Obama has not fxxk up is his vacations.
I know - Its all Bush's fault. I don't think anyone is buying that anymore[/QUOTE] Sure it's Bush's fault [b][u]everything[/u][/b] under the sun is Bush's fault. At least Obama and all his left-wing wannabe serfs are going to keep saying it's Bush's fault, because that's all they've got. You're right people aren't buying it, they're waking up to the fact that this administration is nothing more than a bunch of Chicago hoodlums hell-bent on raping America!
Speaking of the Stimulus perhaps one of the Obama whiz kids would like to explain again how the stimulus has help the American people, seems nearly 10% of the work force are having trouble understanding.
Oh BTW I'm sure most of you understand that the 10% number is very low, it's just a number one of the Obama chefs crooked up. Obama has more than one type of chef some who cook food, others who cook the books.
How many jobs lost during recovery summer?
[QUOTE=El Alamo]The economy is a mystery. [/QUOTE]Great words of wisdom! If you don't believe it just ask Obama, he's been mystified by the economy every since he took office.
[QUOTE=Westy]In other words, it's not the President's budget. It belongs to Congress. Yes, Congress.[/QUOTE]This has always been the scam. The public debates which President (Rep or Dem) was the biggest moron while we keep electing incumbents back into the Congress and Senate. Where, they continue to fuck us over with little recourse.
Now, where are my blood pressure pills?
Sysco
[QUOTE=Sysco234]This has always been the scam. The public debates which President (Rep or Dem) was the biggest moron while we keep electing incumbents back into the Congress and Senate. Where, they continue to fuck us over with little recourse.
Now, where are my blood pressure pills?
Sysco[/QUOTE]So I wonder what is the underlying factor that create such extreme obsession, both adulation and hatred of Obama.
Yeah, keep those pills close at hand, but keep them separate from the blue ones.