A more optimistic view of America's future
[QUOTE=Jackson;429360]I disagree with everything you've written, but there's no reason to argue because the country has passed the tipping point and there's nothing I can do about it.[/QUOTE]I agree with your analysis, but I hope the Journal is right on this one:
[QUOTE=WSJ]"These columns have viewed this election as more consequential than others for a single reason—ObamaCare. Tax rates do economic damage when they rise, but they can be cut again. Regulations can be adapted to or phased out. Spending can be cut. But the Affordable Care Act will spread like termites in the national economy and public fisc. Mr. Obama will no doubt use his second term to consolidate this liberal entitlement dream, with its ultimate goal of single-payer health care.
Some of our conservative friends will argue that Mr. Obama's victory thus represents a decline in national virtue and a tipping point in favor of the "takers" over the makers. They will say the middle class chose Mr. Obama's government blandishments over Mr. Romney's opportunity society. We don't think such a narrow victory of an incumbent President who continues to be personally admired justifies such a conclusion.
Perhaps this fear will be realized over time, but such a fate continues to be in our hands. There are few permanent victories or defeats in American politics, and Tuesday wasn't one of them. The battle for liberty begins anew this morning."[/QUOTE][url]Http://online.wsj.com/article/SB10001424052970204349404578102971575770036.html[/url]
Propaganda by karl rove or el alamo?
[QUOTE=Chicago Guy; 429721]I agree with your analysis, but I hope the Journal is right on this one:
[url]Http://online.wsj.com/article/SB10001424052970204349404578102971575770036.html[/url][/QUOTE]You can never win a game if you continue to be in the wrong formation, jump off-side, fumble the ball, throw interceptions, run wrong routes, punts blocked, kick shanked, or worse, run the wrong way towards your own goal after being getting hit in the head. Keep firing the coaches, it won't do any good. Texas, USC, Notre Dame, Alabama, etc, all had to spend a long time in the wilderness before reaching the top of the mountain again.
So because of ObamaCare, Papa John's CEO, John Schnatter (a big GOP donor) threatened to raise per pizza. 11-14 cents. That's peanuts. I drop more than that the in taxi seats all the time.
Spoken like an idiot from the ivory tower!
[QUOTE=Dickhead; 429792]I wonder how many of the people bitching about Obamacare actually have looked at what it says and does. I mean looked at independently. Because I have. I am not going to say I have read the whole bill but I have read most of the more salient parts. It isn't really very radical at all. I look at it as an investment in infrastructure. Your true low lifes won't have their shit together to buy insurance regardless. It is mostly going to help the working poor. It is socialism for sure, and wealth redistribution to a moderate extent. Mechanically what it does is create a constantly increasing marginal tax bracket instead of the 'cliff effect' we see now.
If you go to business school, you learn, or should learn, that having a product with inelastic demand is less risky than having one with elastic demand. These small businesses that are whining and bitching are going to learn this lesson again. Those with relatively inelastic demand will pass most of any cost increase on to consumers in the form of higher prices. That will lead to some inflation but the current environment can withstand some inflation. Those with relatively elastic demand will yield some profit to be redistributed. Hopefully they priced the risk of elasticity into the rate of return they demanded on their capital. If they did not, then fuck them.[/QUOTE]
Most likely the most idiotic post you have ever made Dick. Go back to academia! You are so totally out of touch and it totally cracks me up. It is so apparent that you have never made a payroll in your life. Your investment comments made it clear to me long ago you just might be fool, this comment has removed all doubt. Give me a break! Stop pontificating on stuff you have no idea about. Book knowledge on its own is no replacement for real life experience. You and yours just crack me up! Crawl back into the university library and stop commenting on the real world dude. Sorry to burst your bubble but this comment shows nothing but pure ignorance. Nothing more. The US voting crowd asked for this, now just wait and see what they get. Be careful what you ask for professor, you just might get it. IALOTFLMAO. See ya. Toymann.
P. Damn, you are one dumb son of a be*tch!
pps. let me give you a snapshot on the post Abomacare landscape..... decreased providers, slower and decreased care, more expensive healthcare costs (especially for non-government insurers), welcome to socialist medicine in a hybrid system. Something you never factored into your ivory tower model dude. In canada, like almost all socialist countries with government healthcare almost ALL those with a job pay taxes. Not just 50% of the population. If ya flip burgers in canada guess what? Ya pay taxes. There are no deductions in socialist countries professor thus most everyone has some skin in the game. Love your analysis but damn, are you out to lunch!
Sorry I am So Late on The USA Credit Rating
The downgrading was because of the GOP.
Boehner said we must not let it go any higher, but he agreed that it was OK when a White Man was President.
The GOP is about to let our countries rating go lower, because of their Racist policies.
[url]http://www.pensitoreview.com/2011/07/07/bush-raised-debt-ceiling-five-times/[/url]
[QUOTE=Silver Star; 429407]WT Congratulations on your win, Democrats have won 5 of the last 6 popular vote totals for President.
I'm Libertarian and I'm stuck with Obama's economic BUBBLE that is going to pop faster than we think, did you see Treasury Sec Geithner wants to get rid of the debt ceiling completely so they can borrow forever? I'd like to make an even money bet with you during that during the current administration (thru the end of term in 2017) that S&P will lower the USA's credit rating (again) , if so I win. If S&P increases the rating back to AAA, I lose. If the rating stays the same as now at AA+ it is a tie. I won't include Fitch or Moody's since they haven't downgraded yet, that would be like taking candy from a baby, it's just a question of when not if on those 2. WT69, do you think the USA's credit rating will get better in the coming years, or maybe you just don't think deficits matter anyway. We sure got a lotta red ink in the last 4 years. Would like your thoughts on deficit spending and balancing the budget. I have a feeling your solution (if any) is tax the rich and not cut any spending) [/QUOTE]
We absolutely agree on this! Over the cliff we go!
[QUOTE=Wild Walleye;429812]If there aren't real spending cuts, I say, let's go over the economic cliff. The house controls the purse strings. They should just pass the spending provisions that they want and send it to the senate. If they (senate and president) don't like it, f*ck 'them.[/QUOTE]Since when did the US become a country of those that don't pay and those that think others need to pay! All Americans are supposed to be created equal. That said, lets all go over the falls together. It s absolutely preferable to giving the government MORE money to just piss away. Even Esten should be happy about going over the cliff. It works for moderate liberals as just look At all the cuts to defense plus the revenue generated would be substantial. Woo hoo, paddle as fast as you can, the falls are just around the next bend in the river. My dos centavos! Toymann
You are just spiking the football El Jeffe.
[QUOTE=Jackson; 429853]I agree.
Thanks,
Jackson[/QUOTE]No need for piling on dude. I already indicated that I would ease up. Based on your post and the new politically correct world you want on this thread. You'll have no need to worry about anymore political posts from me. Enjoy El Jeffe. Toymann.
Ps. Nice to see you sticking up for dickhead. His sensitivity on the board is well known. Good to see you two have kissed and made up. His post regarding his academic analysis of obomocare deserved a betch slap. But, I get it. Enjoy the new gentile political thread. You asked for it, you got it. Toymann out.
Maybe you didn't read my last post with Esten
[QUOTE=Toymann;429819]I will treat all posts going forward like a high school debate forum.[/QUOTE]Thought I made made myself clear. Guess not. Monger on dudes. Toymann
More truth than joke in this!
Romney said "When I'm elected, I will put Americans back to work."
And 51% of the Americans said,"Fuck that!"
McConnell filibusters himself
What a story. Mitch "My Number One Goal Is To Defeat Obama" McConnell made a motion for a vote on legislation that would let the president extend the country's borrowing limit on his own. In fact this was McConnell's own idea in last year's debt ceiling standoff. I guess he wanted to show that even Democrats would not support such a bill. But Reid said it might be a good idea, and proposed a straight up or down vote. McConnell then said no.
[QUOTE]"This may be a moment in Senate history when a senator made a proposal and, when given an opportunity for a vote on that proposal, filibustered his own proposal," said Sen. Dick Durbin (D-Ill.). "I think we have reached a new spot in the history of the Senate we've never seen before."[/QUOTE]Debt Ceiling Bluff Called By Harry Reid, Leaving Mitch McConnell To Filibuster Himself
[url]http://www.huffingtonpost.com/2012/12/06/debt-ceiling-mitch-mcconnell_n_2251515.html[/url]
Are you surprised that history can repeat itself?
[QUOTE=Jackson;430486]So, evidently we've learned nothing in the past 2,067 years.[/QUOTE]Countries, societies, teams, individuals have always shown a capacity for self destruction. It is nature's way of redistributing the wealth.
But now, it seems that America is coming to terms with it's addiction. We have to abandon building the Tower of Babel and check in for rehabilitation. We could have started down this road 2 or 3 years ago, but you know, somebody did not want to play ball. But now, there is hope and that is a good feeling. But everybody has to pitch in.
With the SS costs of living cuts down the road, I am going to have to abandon my penis enlargement surgery and also my dream of buying a harem. The name of the game now is sacrifice, sacrifice, sacrifice. I have done my part.