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Title: It's official: Analysis says bailouts saved economy
Source:
chron
URL Source: http://www.chron.com/disp/story.mpl/editorial/outlook/7160768.html
Published: Sep 4, 2010
Author: FROMA HARROP
Post Date: 2010-09-04 04:03:22 by lucysmom
Keywords: bailout, economy, unemployment
Views: 133405
Comments: 163
Using econometric models, Alan Blinder and Mark Zandi argue that the bailouts, the stimulus and other extraordinary actions saved America from nothing less than another Great Depression. Blinder was vice chairman of the Federal Reserve. Zandi is chief economist at Moody's Analytics and advised Republican presidential candidate John McCain. Had Washington not taken any aggressive steps starting in 2008, the results would have been horrific, their study says. Real gross domestic product would have fallen a "stunning" 12 percent, rather than the actual decline of 4 percent. Nearly 17 million jobs would have vanished, twice as many as the real count. And the unemployment rate would have peaked at 16.5 percent. ... Ignoring what might have happened had the government not launched a vigorous response may be irresponsible, but it can be good politics. That's because many Americans — seeing the weak job picture and forgetting their own terror during the early days of the economic freefall - can be convinced that such polices were ineffective and possibly counterproductive. They remind me of family members who, four weeks after a quadruple bypass, want to know why Grandpa isn't dancing. At least the family knows that the operation was needed.
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#1. To: lucysmom (#0)
This will turn the monkeys into Moonbats...
Hahahahahahaha . . . yeah, people sure are stupid, ain't they? Why, Zero and his merry band of Marxists should be leading in the polls by 70, 80, even 90 percent. I'm sooooooooo glad that we have statists like you, Zero, and most of the democrat party to save us from ourselves. / extreme sarcasm BTW - you do know, don't you, that it has been said that you could lock 5 economists in a room, and they would come out with at least 6 different opinions, right?
______________________________________________________________________________ WOW! What News! A well known Keynesian moron and is neo-con pal think government spending is helpful. What will we learn next? The Japanese bailed their banks out in the early 1990s. They've now spent the better part of 2 decades in a rolling recession. The bank bailouts did one thing -- they prevent capital and talent from being freed up for more productive uses. Yes, without the bailouts and the "stimulus" there may have been a little more SHORT TERM pain, but we'd be well on the road to recovery at this point.
You forgot about the devastating earthquake. But it is of my opinion that bank stims that don't require a drastic change to a more prudent business policy will tend to just postpone the day of reckoning.
"Look you leftist pervert, make sure you keep your Mr Winky away from your family's new addition or I will send some fellow salad tossers to square away your sorry butt. Got it??" The good "cop", Jethro Tull explaining how to prevent a Palin family tradition in YOUR family.
Are you talking about the Kobe earthquake in 1995? The Japanese economy tanked before that. In fact, the Kobe earthquake should have been a Keynesian's dream. It stimulated so much "demand" that the country should have been miraculously pulled out of their funk. Of course, that's not what happen because Keynesians don't create dreams, they create nightmares.
Please help me remember - who was president when Had Washington not taken any aggressive steps starting in 2008...
Hording seems to be what is preventing money from productive use at the moment.
Thanks for reminding me. I should have added Bush to my list of statists. You will have to help me out, though. Is it because Bush didn't quite rise to the level of Marxist that you folks hate him so?
______________________________________________________________________________ I can always tell a brain dead, no nothing leftist from the words they use. "Hording" is the #1 tip off. "Greed" is #2. What is preventing money from being put to more productive uses at this movement is the looming increase in capital gains taxes, income taxes, health insurance mandates, regulations, and the uncertainly around cap and trade. Why should a business RISK their money to build a new facility or hire new people when the government is going to steal most of the potential benefit away? WHY? They shouldn't and they aren't.
Wasn't it Bush who looked into Pootie-poots eyes and recognized a kindred spirit?
There was a great segment about the Americans for Disability Act on Stossel last night. Some doctor is getting sued by a deaf patient under ADA because he didn't provide a sign language translator. The patient was on Medicaid. Medicaid pays the doctor $50 a visit. The signer costs $150. Are you smart enough to guess what the problem here might be? I doubt it. The government is run by a bunch of blithering idiots, who have no experience running a business, making a payroll, or serving customers.
Why should a business RISK their money to build a new facility or hire new people when they government is going to steal most of the potential benefit away? WHY? Because doing nothing gets nothing in return. Why is it that the Scandinavian seem to be doing pretty well at the moment - sky high tax rates and all.
Nothing is better than LOSING MONEY.
George Bush, Dick Cheney... I rest my case.
ROTFLMAO. Corporate tax rates: You need you pull your head out of your 1960s text books and join the real world.
I rest my case. They are gone. Yes, you have demonstrated how clueless you are.
Too bad he didn't look into getting one of those from the various associations for the deaf who will work for free or car fare.
"Look you leftist pervert, make sure you keep your Mr Winky away from your family's new addition or I will send some fellow salad tossers to square away your sorry butt. Got it??" The good "cop", Jethro Tull explaining how to prevent a Palin family tradition in YOUR family.
Yet their influence continually lingers on or have their wars mysteriously disappeared?
"Look you leftist pervert, make sure you keep your Mr Winky away from your family's new addition or I will send some fellow salad tossers to square away your sorry butt. Got it??" The good "cop", Jethro Tull explaining how to prevent a Palin family tradition in YOUR family.
That service may not have existed in his area. Regardless, you're missing the point. The NET outcome of the government's rules is that the doctor would lose $100 per visit, not including his own costs -- building rent, utilities, equipment depreciation, salaries and benefits for nurses and administrative staff, etc. This is just one small example of how the government is ruining the country. Government idiocy / tyranny is not a new phenomenon, but its accelerating very quickly now.
If those were readily or easily available, nobody would be able to demand $150 a visit for the service.
Obama promised to make them disappear, along with Guantanamo Bay. How is that working out for you?
Yep, it called supply and demand -- another concept that clueless leftists just don't understand.
Not making a profit loses money, not taxes.
Let me explain this really slowly: If I have money in the bank and I don't do anything with it, I'm not losing anything. I may not be gaining much at simple interest, but I am not LOSING it either. If I RISK that money on a new business or to expand an existing business in a poor economic climate (created by government policies) then I may LOSE it all. People are sitting on their money rather than putting it at risk because of government policies, namely increased regulations, looming tax increases, government mandated medical insurance costs, and god-forbid cap and trade. It's just that simple.
Why make it personal, or should I say that your boys started it and a flip of the magic wand will not make it disappear overnight. They did a great job of creating a no win situation, and you can research Nixon/Ford for the details.
"Look you leftist pervert, make sure you keep your Mr Winky away from your family's new addition or I will send some fellow salad tossers to square away your sorry butt. Got it??" The good "cop", Jethro Tull explaining how to prevent a Palin family tradition in YOUR family.
The 39% tax rate applies to business with profits between $100,000 to $335,000. Earn less, the rate is lower and oddly enough, earn more and the rate is lower. Business income tax rates start at 15% for those with $50,000 or less in profits.
Have you actually ever read my posts? Those weren't my boys. I hated them almost as much I hate Obama.
Well DUH! LOL. Along with Japan, the United States has the highest corporate tax rates in the world. Then we wonder why businesses aren't hiring or expanding. Supply-side economics in "socialist" Sweden: Sweden Announces Income Tax Cuts to Boost Jobs Last week the government announced a separate 16 billion kronor (US$2.4 billion) package aimed at improving the business climate, which would in turn help increase employment. That package included proposals to cut the corporate tax rate from 28% to 26.3%... ROTFLMAO.
We should have let the big banks fail. Now we have these zombies around our neck with all their debt forever. That is all the "stimulus" and bailouts accomplished. Status quo.
Clinton and Cuomo are the true bandits who lit the fuse to this economic crisis we're now in. All in the name of getting more minorities in houses: http://libertysflame.com/cgi-bin/readart.cgi?ArtNum=12554
Is it because Bush didn't quite rise to the level of Marxist that you folks hate him so? Wasn't it Bush who looked into Pootie-poots eyes and recognized a kindred spirit? Okay, so he's a statist AND a Marxist. Again I ask - why do you folks hate him so?
______________________________________________________________________________ One more point. I haven't added in state business taxes on top of the 39% federal rate. Most other countries don't have federalist systems like we do, so most of their taxing power (at least on incomes) is at the central government level. Add in state business taxes, in places like California and New Jersey, and the U.S. places BY FAR the heaviest burdens on corporations in the world. Furthermore, the U.S. is one of only FIVE countries in the world that tax earnings repatriated from abroad. So, companies generally don't bring the money they earn overseas back home to invest here. Last week the Intel CEO said that 25% of the cost of a building a new $4 billion fab are government burdens that don't exist elsewhere. So why in the hell should he build a new plant in the U.S., rather than in Taiwan, or China? He shouldn't and he's not. Then we wonder why the economy stinks. I'll let you in on a little secret. It's not a surprise to anyone who has any experience in business.
Because we have no defense against big spending, liberal Republicans. Bush spent money like crazy. What did the left and media accuse him of? Having "extreme free market policies". So, of course the solution is even more government. At least when the GOP is in opposition, they pretend to be for limited government. When they hold power, they are a huge catalyst for even larger government, like we are getting now.
BTW, told ya...
Judging from your posts jw, I think you and I are in agreement about 90 percent of the time. If I read you right, we see no redemption in the GOP, and certainly not in the democrats. The above question - which I posed to lucysmom - was meant to illustrate the need of those on the Left to demonize someone. Which is funny if you think about it because most of them probably don't really believe there is inherent evil in the world (in the form of a devil, or Satan.) To them, throwing out the "Bush/Cheney"; or now, the "Sarah Palin" card, is meant to stifle discussion. Period. End of discussion. They have no arguments. Zero has demonstrated for all (except perhaps his most brain-dead syncophants) the bankruptcy of ideas and policies of the Left.
______________________________________________________________________________ People who don't know anything about finances often confuse marginal tax rates and average taxes paid. You claim to be a Wall Street Vice President and you don't know this. I don't think so. School teacher is more likely. The marginal tax RATE is the percentage of of earnings that one would pay on the last dollar earned. It is an undisputed fact, that the U.S and Japan have the highest corporate tax rates in the world. Earnings are sales minus expenses. Earnings can be positive (a profit) or negative (a loss). A company might have sales of $1 million but expenses of $1.2 million so they have a loss and don't pay any income taxes. The government's tax system is more complicated than this and features a complex set of ways to reduce taxable earnings. Some corporations might have positive earnings but still pay few taxes because of the dedications. The tax treatment is very uneven across industries. Almost every conservative would trade these deductions for lower margin rates. Many large corporations have offices in more than one country. Of course, they are going to take advantage of every government rule in every country to shift their earnings away from high tax countries to low tax countries. All the complex rules force businesses to spend an extraordinary amount of money just to figure out what there taxes are. The system is broken. The economy is evidence of it.
Bull shit.. what you just posted is meant to stifle discussion.
"Look you leftist pervert, make sure you keep your Mr Winky away from your family's new addition or I will send some fellow salad tossers to square away your sorry butt. Got it??" The good "cop", Jethro Tull explaining how to prevent a Palin family tradition in YOUR family.
Yes that is very evident. The Democrats successfully ran against Herbert Hoover (another big government Republican) for 50 years. Never mind that Roosevelt made things worse. We can't go back to Hoover. That was the false choice that was presented. They are trying to do it again today. It's not going to work this time because of the free flow of information we have on the internet, smartphones, talk radio, and cable television. Thanks to the new media (including this board) everyone but the most unreconstructed leftist knows that Obama's policies have failed.
Chuckles...it's an argument I've made for years but I've made it correctly. NOONE pays marginal rates. For you to argue that our tax rates are the highest is a highly misleading argument which, as I can tell by your howling, you realize you can't put over on me. The fact is, it's the government making the rules that ALLOW corporations to easily avoid paying taxes. The "extraordinary amount of money" that is paid is not to accountants but to politicians. ExxonMobil paid how much in US taxes last year?
I "discuss" any topic with anyone. What I won't waste my time on are brain-dead partisans who can't get over their hatred for a failed president. Hey - I've got an idea. Wanna talk about failed presidents? Let's talk about Carter. He's about as relevant to today's events as Bush.
______________________________________________________________________________ We lost close to 3MM jobs in 2008. We lost another MM+ in the first few months of 2009. For you to declare the policies that stopped that bleeding a failure is just absolute insanity.
What I won't waste my time on are brain-dead partisans who can't get over their hatred for a failed president. Then you will have no ability to compare the present with the past either with negatives or positives. You should have a really big bone to pick with No GNU Taxes.
"Look you leftist pervert, make sure you keep your Mr Winky away from your family's new addition or I will send some fellow salad tossers to square away your sorry butt. Got it??" The good "cop", Jethro Tull explaining how to prevent a Palin family tradition in YOUR family.
That's a ridiculous statement. Bush is the direct link to the problems we're facing today, not Carter. All the disastrous decisions we're dealing with now started with Bush, and are being continued by Obama.
"How many confirmed NV Mig kills do YOU have general? I only have three." - Mad Dog, the village idiot's hemorrhoid.
We invaded Iraq and Afghanistan during whose term? We opened GITMO during whose term? This depression or deep recession started during whose term? We saw a massive increase of debt and a financial system meltdown during whose term of office? Now we are getting ever closer to an election where the GOP wants to retake the reigns. OF COURSE he is relevant. As much as you want him not to be. He is. And the GOP ran against Carter until they couldn't any more which was 1986 and they tried to then as well. They again raised the Carter Card in 1992 and 1993 by promising MASSIVE INFLATION and a weak US if Clinton was elected. You need to recapture a sense of reality when it comes to recalling history.
That's true in every country, so it's meaningless to the discussion.
We've lost more than 2 million jobs since the "stimulus" was passed. 280,000 of them were during "recovery summer". LOL!!!!! The bailout and "stimulus" have done nothing but prolong the pain. Unemployment is worse today than when Bush left office. The same was true of Roosevelt's policies in the 1930s. Unemployment was worse in 1938 than it was in 1932. Government policies created the mess we are in. Government policies are preventing the market from reallocating resources to correct the problems.
Both wars were responsible for about 20% of the debt that was accumulated under Bush. 80% of the debt was the result of domestic spending, which you leftists call "extreme free market policies". ROTFLMAO. In total, the wars racked up $1 trillion in debt over 10 years. Obama's domestic agenda will rack up more than $1 trillion in debt THIS YEAR. I was not in favor of the wars, but they were not the primary cause of the economic ills we face today.
ExxonMobil is an international company that can shift a lot of their tax burden from high tax countries like the U.S. to low tax countries by claiming earnings in the low tax countries and sluffing off costs here. Small businesses can't do that. The U.S. could collect a lot more taxes from ExxonMobil by lowering tax rates. That's another thing that you unreconstructed leftists don't get.
The hatred demonstrated by many toward Bush borders on the insane. That insanity makes them (IMO) incapable of seeing the larger picture - and really learning from the past. Was Bush a failed president? Yes. Did he get us into (unconstitutional IMO) wars? Yes. But Did Clinton get us into (unconstitutional IMO) wars? Yes. Kosovo. Did Bush I get us into unconstitutional wars? Yes. And I could go all the way back to Truman. So the question is - why do we keep fighting unconstitutional wars? And that is not going to be answered by mindlessly focusing hatred toward Bush and forgetting all the others. ______________________________________________________________________________ I checked and I'm still on bozo So you can't see me.
______________________________________________________________________________ I have. History is much greater than any one single individual. The problem isn't Bush - because if Bush didn't exist, you'd simply have another boogyman to hate. The problem isn't Bush - the problem is the system that placed him in office.
______________________________________________________________________________ Was Bush a failed president? Yes. Did he get us into (unconstitutional IMO) wars? Yes. But Did Clinton get us into (unconstitutional IMO) wars? Yes. Kosovo. Did Bush I get us into unconstitutional wars? Yes. And I could go all the way back to Truman. So the question is - why do we keep fighting unconstitutional wars? And that is not going to be answered by mindlessly focusing hatred toward Bush and forgetting all the others. Go for it. But your words have a hollow ring. You can just keep repeating that history over and over but the rest of us really want to learn from it, evidently by not discussing those who perpetrated the wars you say you hate. Use the Bozo if your eyes are so sensitive.
"Look you leftist pervert, make sure you keep your Mr Winky away from your family's new addition or I will send some fellow salad tossers to square away your sorry butt. Got it??" The good "cop", Jethro Tull explaining how to prevent a Palin family tradition in YOUR family.
So you can't see me. Yet you can't recant one thing he posted. Discussion of the perpetrator of the two wars you say you hate is a Dem talking point? What a troll you turned out to be. You need to be involved in getting rid of the Neocons in your party instead you attack those that point them out.
"Look you leftist pervert, make sure you keep your Mr Winky away from your family's new addition or I will send some fellow salad tossers to square away your sorry butt. Got it??" The good "cop", Jethro Tull explaining how to prevent a Palin family tradition in YOUR family.
I don't bozo anyone. Now, here's your chance to shine: Why do we keep fighting unconstitutional wars? (bonus points awarded if your answer doesn't invoke Bush)
______________________________________________________________________________ Skippy's a waste of bandwidth who adds nothing to a discussion. Next?
______________________________________________________________________________ Why do we keep fighting unconstitutional wars? (bonus points awarded if your answer doesn't invoke Bush You just have to try to mediate the discussion don't you? I have no interest in earning shill points from you. We are not fighting 'wars'. The terminology and funding has been parsed with full approval of both parties. And the party that started the latest round is being touted as the next savior of the country. With probably a Bush as the next candidate. Oh god there's that unmentionable word again. Close your eyes.
"Look you leftist pervert, make sure you keep your Mr Winky away from your family's new addition or I will send some fellow salad tossers to square away your sorry butt. Got it??" The good "cop", Jethro Tull explaining how to prevent a Palin family tradition in YOUR family.
Next? Easy to say when you can't recant anything he says. I'm trying to figure out why such a lofty poster as yourself bothers with us lowlifes here. Surely your efforts can go to better use than trying to change the minds of more than one or two posters. Tull exhibits the same obsessive behavior.
"Look you leftist pervert, make sure you keep your Mr Winky away from your family's new addition or I will send some fellow salad tossers to square away your sorry butt. Got it??" The good "cop", Jethro Tull explaining how to prevent a Palin family tradition in YOUR family.
Yes, I can. Like I said, Skippy adds nothing to the discussion. ______________________________________________________________________________ The U.S. government's support for the Shah of Iran and other meddling in their internal affairs lead to the Ayatollahs. But yes, the perception of Carter in the world -- as an incompetent weakling -- led to the Iranian hostage crisis, which promptly ended on the day Reagan was inaugurated.
I'm trying to figure out why I've gotten under your skin so.
______________________________________________________________________________ Like I said, Skippy adds nothing to the discussion. But it's your moronic statement. lolol In reality YOU add nothing to the discussion and yet want to mediate others comments. Maybe you should apply for a mod job as it's much more suitable to your vast self described talents rather than wasting your time on coming up with more silly ID buzz words to ping. And I'll believe you mean what you say when you apply your Bush standards to the likes of No Gnu Taxes.
"Look you leftist pervert, make sure you keep your Mr Winky away from your family's new addition or I will send some fellow salad tossers to square away your sorry butt. Got it??" The good "cop", Jethro Tull explaining how to prevent a Palin family tradition in YOUR family.
So now you think that a back and forth discussion is " getting under my skin"? LOLOL Like I said, it's YOU wasting your precious skills on us lowlifes.
"Look you leftist pervert, make sure you keep your Mr Winky away from your family's new addition or I will send some fellow salad tossers to square away your sorry butt. Got it??" The good "cop", Jethro Tull explaining how to prevent a Palin family tradition in YOUR family.
I agree - and in a perfect world we wouldn't have been doing that. Which is the point I've so far not been able to make with others - call them wars, meddling, whatever - the modern day international problems we're seeing began at least with the Truman Admin. The seeds of the economic problems began with FDR. edit: on second thought, they probably began with Hoover I believe upcoming events will force us to pull back and not try to be world policeman. That will be one of the few potential positives to come out of the upcoming crash. As far as POTUS' go - I suppose the best we can hope for is "competence". As much as I disgreed with his policies and direction, I have to admit Clinton was comptetent. So was Reagan. So was Eisenhower. None of the others (except perhaps Truman) since WWII have been. And with Carter, Bush, and now Zero - we see where incompetence leads.
______________________________________________________________________________ What horseshit! "Happily, government stepped in, and America bucked a catastrophe. How fortunate for us all that the tea party wasn't running Washington." ================================================================= this paid political announcement brought to you by the Associated Propaganda, the Houston Comical and Barry O'Bozo & His Administration Of The Inept.
By that standard, you add less than nothing.
______________________________________________________________________________ The seeds of the economic problems began with FDR. edit: on second thought, they probably began with Hoover The problems started before that. In the 1910s we got: The 17th amendment (1913), which removed the check and balance that the states had with the federal government. The 16th amendment (1913), which enabled the federal government to tax people The Federal Reserve Act (1913), which enabled the politicians to buy off special interests with inflation in addition to taxes Involvement in the Great War (1917), which we mistakenly call World War I. This is where our long-term problems come from.
Why don't you just recant what Skip posted? And I'll be looking forward to your posts to Gnu about his Bush obsession.
"Look you leftist pervert, make sure you keep your Mr Winky away from your family's new addition or I will send some fellow salad tossers to square away your sorry butt. Got it??" The good "cop", Jethro Tull explaining how to prevent a Palin family tradition in YOUR family.
Sorry, but it was the Civil War and Lincoln, the first Republican.
"Look you leftist pervert, make sure you keep your Mr Winky away from your family's new addition or I will send some fellow salad tossers to square away your sorry butt. Got it??" The good "cop", Jethro Tull explaining how to prevent a Palin family tradition in YOUR family.
Recant? One can't "recant" for another, whiningdope! Skippy is just a mindless little wimp.
I was thinking more of the notion that "big-government" can solve all problems. To me, that began some during Hoover, and became the norm under FDR. But you are correct, of course. Maybe the most accurate thing to say is the problems began when the Constitution was tossed aside. In any event, it makes Skippy's statement: ______________________________________________________________________________ Ignore must feel very privileged to have an esteemed poster like you as a friend, to help him out.
"Look you leftist pervert, make sure you keep your Mr Winky away from your family's new addition or I will send some fellow salad tossers to square away your sorry butt. Got it??" The good "cop", Jethro Tull explaining how to prevent a Palin family tradition in YOUR family.
All the disastrous decisions we're dealing with now started with Bush, all the more ridiculous. Skippy is a typical leftwingnut pinhead.
Well, that's certainly what the folks at Lewrockwell.com think. Yes, in many respects Lincoln was a tyrant. However, the challenges we face today are directly related to the restructuring of the U.S. that took place place in the 1910s.
Why not address the question to him/her? I see you purposely avoided the issue, whinigdope. Typical of leftwingnut pinheads.
Naaaah, but I will agree that Skippy needed to go all the way back to Lincoln to find the origins of this nation's constitutional problems.
"Look you leftist pervert, make sure you keep your Mr Winky away from your family's new addition or I will send some fellow salad tossers to square away your sorry butt. Got it??" The good "cop", Jethro Tull explaining how to prevent a Palin family tradition in YOUR family.
He listens about as well as . . . .you :-)
______________________________________________________________________________ You're right. Widespread belief that big government can steer the economy started with Roosevelt / Hoover and ended after Johnson / Nixon. However, it could have never been put into practice without the mechanisms put into place in the 1910s. Unfortunately, the Obamunists still cling to the false belief that big government can steer a complex economy of 300 million people, in a global economy of 6.5 billion people. Their simpleton beliefs is why they are failing.
I see you purposely avoided the issue, whinigdope. Typical of leftwingnut pinheads. He's tired of discussing stuff. Will you be my discussion pal now? He hates the word 'Bush', so how do you feel about that?
"Look you leftist pervert, make sure you keep your Mr Winky away from your family's new addition or I will send some fellow salad tossers to square away your sorry butt. Got it??" The good "cop", Jethro Tull explaining how to prevent a Palin family tradition in YOUR family.
I'm sure he'll recant it if your arguments are factual and persuasive.
"Look you leftist pervert, make sure you keep your Mr Winky away from your family's new addition or I will send some fellow salad tossers to square away your sorry butt. Got it??" The good "cop", Jethro Tull explaining how to prevent a Palin family tradition in YOUR family.
I don't get emotional about words.
Then why do you post that picture showing your emotions?
"Look you leftist pervert, make sure you keep your Mr Winky away from your family's new addition or I will send some fellow salad tossers to square away your sorry butt. Got it??" The good "cop", Jethro Tull explaining how to prevent a Palin family tradition in YOUR family.
My bozo list is at 1, and quite a while back the Skipster said he was putting me on bozo. His post to me today was the first I've heard from him since then. Well, I got all excited - "Hey, Skippy is actually posting to li'l ol' me. Glory be!" As you can imagine, I immediately checked my bozo filter to make sure it was at zero. Imagine my disappointment when alas, it was still at 1. So I'll give the Skipster the scorn he deserves. And I stand by my statement he posts nothing of substance.
______________________________________________________________________________ Farting isn't an emotion, whiningdope!
And yet YOU brought it up. Why? US Corporations, aggregate, pay very little US tax compared to the corporation of other nations.
Why do you bother? He and Boofer and Mad Dog and Mud ALL post the same crap. Life here has gotten so much better with all three on Bozo.
Margin tax rates are meaningful to the discussion. The fact that few people in the U.S. pay them is meaningless because few people in any country pay them. You are comparing apples to oranges in order to confuse your dimwitted followers like luscy's mom. The fact remains that the U.S. and Japan have by far the highest margin corporate taxes in the world. Yes, there are deductions for special interests. The results are clear -- the U.S. system punishes job creating entrepreneurs with high tax rates and gives breaks to large, politically connected companies. The answer isn't to raise marginal rates further. Tax rates need to be lowered and deductions for special interests needs to be eliminated.
Maybe whiningdope isn't as cowardly and stupid as you, dwarf.
Did you know that doctors with decent social skills aka bedside manner, seldom get sued?
People are sitting on their money rather than putting it at risk because of government policies, namely increased regulations, looming tax increases, government mandated medical insurance costs, and god-forbid cap and trade. And to think - all those years I've been told them business guys deserve lots more money than us regular folk because they're risk takers.
Since I have Ibluamadogsky on bozo, care to tell me what this is all about?
"How many confirmed NV Mig kills do YOU have general? I only have three." - Mad Dog, the village idiot's hemorrhoid.
Clinton had no idea what was going to happen once Bush and the Republicans took over.
"How many confirmed NV Mig kills do YOU have general? I only have three." - Mad Dog, the village idiot's hemorrhoid.
You're still missing the point as usual. You have no clue whatsoever. Here is the unintended consequence of government healthcare idiocy -- 50% of doctors in the U.S. refuse to take Medicaid patients and a growing number are refusing to take Medicare. Just wait until Obamacare kicks in and we'll see most of the remaining doctors fleeing from both.
It gives you something to be outraged about (the only thing the US manufactures anymore).
I don't hate Bush, but I do think he was a disaster of a president.
He can pay his Chinese workers $0.60 an hour, that might have something to do with it.
______________________________________________________________________________ You are a stubborn old coot because you refuse to listen to the people (like the Intel CEO) who actually know why the economy is languishing. It cost Intel $1 billion more (due to various government tax and regulatory insanities) to build (not operate, but BUILD) a fab in the U.S. than it does elsewhere (and not just in China, but in Taiwan too). Insofar as operational costs are concerned, the people in Taiwan do not make 60 cents an hour. Skilled workers in China make more than that too.
The problems started before that. In the 1910s we got: Panic of 1797, Duration, 3 years Recession of 1802–1804 Depression of 1807, Duration 3 years and on, and on
Recession of 1802–1804 Depression of 1807, Duration 3 years LOL - you just killed your own case. 3 years. 2 years. 3 years. compared to the Great Depression - 1929-1941 Every heard of boom/bust cycles? They are as old as capitalism itself.
______________________________________________________________________________ Then it was the founding fathers themselves that cast it aside.
Maybe the most accurate thing to say is the problems began when the Constitution was tossed aside. Then it was the founding fathers themselves that cast it aside. No ......................... Have you followed the discussion on this thread at all? If you have, how did you come to THAT conclusion?
______________________________________________________________________________ Recession of 1802–1804 Depression of 1807, Duration 3 years Great Depression -- 13 years. The Great Depression started after the Federal Reserve was created, which the left claimed they needed to "smooth out" short term boom and bust cycles. There was nothing smooth about the Great Depression. The Great Depression was primarily caused by the Federal Reserve. Even Ben Bernacke believes this. ROTFLMAO. It's happening again. If we didn't have TARP, "Stimulus", GM bailout, etc. we would have had a somewhat sharper decline (to correct past government distortions in the market), but we'd be well along the road to recovery today. We are NOT on the road to recovery today, because of the government.
Why thank you. That sounds almost friendly.
Before the Great Depression there was the Long Depression. In the United States, economists typically refer to the Long Depression as the Depression of 1873–79, which followed the Panic of 1873. The National Bureau of Economic Research dates the contraction following the panic as lasting from October 1873 to March 1879. At 65 months, it is the longest-lasting contraction identified by the NBER, eclipsing the Great Depression's 43 months of contraction.[4] [5] After the panic, the economy entered a period of rapid growth, with the U.S. growing at the fastest rates ever in its history in the 1870's and 1880's. http://en.wikipedia.org/wiki/Long_Depression
Yes you did.
Yep, and it was also caused by expansionary monetary policies. During the Civil War, the U.S. government temporarily left the gold standard and inflated the money supply to pay for the war. After the Civil War the country moved back to the gold standard (actually a bi-metal standard, which was another problem that we can discuss on another thread). The market had to correct past government actions. The severity of the correction depends on the severity of government interference in the economy. It still lasted half the amount of time as the Great Depression which occurred after the left got the monetary tools they needed to "smooth" these things out. Nothing has been smoothed out. Things have only gotten worse.
I apologize for that comment. I usually don't make personal attacks. I'm just on edge today for a few reasons.
No, the Long Depression lasted almost 2 years longer than the GD.
I'm sorry - hope everything is ok.
That is so opposite of what really happened. First off, money wasn't easy; it was tight and the "cause" of the panic had nothing to do with neither. What caused it was good old American Greed and Fraud. And if government policy had anything to do with it, then it was rooted in the nascent incestuous relationship between wealth and politics.
How so? We were bleeding jobs a half million a month and GDP was starting to go into free fall before the stim.
The problem with the system was that his FL campaign manager was also the person in charge of ensuring a free and fair election.
Are you claiming that the day Bush left office that it was the end of his effect? When he left office the recession was over a year old and showing no signs of abating.
You Obamabot! :-)
The first symptom of ODS is believing that the economic history of the US excludes the period from January of 2001 to January of 2009.
The problem with the system was that his FL campaign manager was also the person in charge of ensuring a free and fair election. You left out an important part - which I replaced. So let me try to follow your logic by using an analogy: A defective chicken (representing the system) lays a defective egg (representing Bush's FL campaign manager), resulting in a defective omelet (your "stolen" election by the sinister Bush). You're saying the egg was the problem - when in reality it would have been impossible for the defective chicken to produce a non-defective egg in any event. Just as it is impossible for a defective system to produce a non- defective referee of an election. I'm saying the system is broken, and it doesn't matter what happens beyond that. It's not even arguable, war (though I'm sure it won't stop you from trying) Any system that produces an Algore, a Bush, or an Obama is broken beyond repair.
______________________________________________________________________________ The first symptom of ODS is believing that the economic history of the US excludes the period from January of 2001 to January of 2009. The first symptom of BDS is believing that the entire economic history of the US begins in January of 2001 and ends in January of 2009
______________________________________________________________________________ This nation was on its way back to reasonable fiscal health prior to 2001. Do you remember how all of you laughed at Gore for his "lockbox" reference and his insistence that surpluses be used to pay down debt? So please, spare me the lecture about how Boy Blunder simply continued past policies. He didn't. There was absolutely no reason to cut taxes once let alone twice.
There weren't any surpluses. Only projected surpluses.
We can argue accounting gimmicks all that we want to. The fact is the fiscal health of the nation was handed over to Bush in much better condition than what was handed to Obama.
Riiiiiiiiiight. A politician promising NOT to spend a pile of money. Sorry. I stopped believing in politicians promises about the same time I stopped believing in Santa Claus.
______________________________________________________________________________ Regardless of how you wish to re-frame that issue, the fact is, there were two plans...one was to use the surplus to pay down debt and re-pay the trust fund and the other was to cut taxes. You do understand the dynamics of the Laffer Curve, do you not? It's not only that taxes can be too high but, at some point, tax rates are too low.
Tax revenuse increased after the Bush tax cuts.
They outright declined after the first cut. They increased after the second because the housing bubble was beginning. BTW, revenue growth was sluggish when it was increasing.
Excrement. The so-called "bailouts" simply delayed the inevitable, akin to using buckets to bail-out water from the Titanic... it sounds good, seems logical... But a complete waste. The entire article is pure propaganda, nothing more. If you understood the massive THEFT that the "bailouts" REALLY are, you would understand that you've been scammed. Posting such rubbish indicates your level of indoctrination is all-encompassing.
Or, just maybe - youse the guy what's been brain-washed. Have you considered that? Naa - can't be - but then again...
The so-called "bailouts" simply delayed the inevitable, akin to using buckets to bail-out water from the Titanic... it sounds good, seems logical... But a complete waste. The entire article is pure propaganda, nothing more. If you understood the massive THEFT that the "bailouts" REALLY are, you would understand that you've been scammed. Posting such rubbish indicates your level of indoctrination is all-encompassing. Well stated. I can NOT believe anyone with an iota of political sophistication would believe the so-called "Stimulus" was anything other than a scam to further bury the Middle Class, money-launder greenbacks into the DNC, the "Community," Unions, fake jobs, and Dem precincts. That was the quickest flush of freshly-printed $800 billion down memory hole...EVER.
And both were bogus and absurd to begin with. And EVERYONE knew it. Except those still sitting on Santa's lap.
And everything that happened during that period was Clinton's fault... or Obama's fault, before the fact. :- )
Eight years of bad decisions. One after the other. Padlock, Boofer...they were all declaring this presidency a failure in the Summer of 2009... Boofer, after one day of Obama in office, said his Press Secretary, Robert Gibbs, would be gone by June of 2009. For the record, he's still briefing.
Sure. I was taught, and for a while, believed in Keynesian economics, just as YOU do... But within a couple of years, I started to question such "conventional" wisdom. By the time I'd finished my Bachelors in Economics, I knew that Keynes was a fool... The "aha" moment occured when I was challenging a professor (who used to run the global strategic operations division for B of A) on fractional reserve policies, and how they endangered the power of the US dollar as the worlds' reserve currency. When I pointed out that this system will only work so long as the dollar remained the reserve currency, and would precipitate our economic collapse when the rest of the world went to something else...? His answer was "it hasn't happened YET." That day, was when I TRULY started to learn. For your sake, I hope you wake up before it's too late. Personally, I don't really care if you wake up or not... If you do, then you have a chance. If not, you'll simply be of *billions* of bodies, dead due to your own ignorance. I don't really care... But for your daughters' sake, you better get a clue... Think of it this way: If I'm wrong, you lose nothing. If I'm right, you'll die. Choose.
When has Keynesian economics ever failed? It certainly worked in Reagan's term.
ROFLMAO...Nebby is already Grand Marshal of the Halloween Parade this year and it's too early to lobby for next year. But what a man you are threatening a senior citizen.
Boofer would be great in Vegas. Get his predictions, then bet on the opposite. Can't lose! :-) Incidentally, how did he come to be known as Boofer?
From the way he dresses. Hagar suits...second pair of pants FREE!!!
Agreed. But then again, most Americans- as so aptly demonstrated by Lucysmom- lack the understanding to sift through the bullshit, and find the truth. If Americans *fully* grasped the scope of the crimes perpetrated by Bush, Obama, Congress, Bernanke, et al, most of D.C. would be hanging by their ankles- like Mussolini... And RIGHTFULLY so.
Are you published?
Your post said "Hey" but I heard "Blow it out your ear." {;^D
I'm not responsible for what you heard. 0;-)
Nope. I'm working on other stuff, don't have time to dig in as deep as I would need, to be able to publish. Besides, there's a LOT of good people out there, that publish regularly- Nouriel Roubini, Gerald Celente, etc., that would run rings around me... I know better than to attempt to match (much less exceed) their analyses. "A man's got to know his limitations..." LOL.
Okay, thanks. Now I understand the death stuff.
Keep learning.
Did WWII end the Great Depression? If so, then wasn't that a case of government intervention in the economy on steroids?
No it prolonged it.
Have it your way. There's only ~2000 years of history that back up what I'm telling you, and about 70 years of Keynesianism to "support" your position. Figure it out.
My position is that the perfect economic theory hasn't yet been created so slavish devotion to any theory is probably a mistake.
Isn't his company going bankrupt, thanks to Obama? :-). Guess he's got to cut costs.
That's fair. Interestingly enough, when you start digging around in history, about financial collapses (the Roman empire is a perfect example), you see a great many similarities to what's happening right now. For a good synopsis on why things are going the way they are, I suggest checking out the google video at the following link: http://video.google.com/videoplay?docid=-515319560256183936# It's called The Money Masters. If you've not seen it before, it'll be an eye-opener for you. Regards,
Congress, the purse string controllers, had been a dim majority for two years.
One word: VETO. Bush vetoed a whopping 12 bills in 8 years. Jerry Ford vetoed 66 bills in 2 years. Bush either loved big government as much as the Democrats or he was a complete coward. In my view, both were true.
Neither of which excuse the controllers of the purse strings.
Once again, you are either not reading the post or just not comprehending it. Bush didn't veto squat. He signed all of those big spending bills without putting up a fight. Of course the Democrats want to spend money. That's what they do. Jerry Ford put up a courageous fight -- 66 vetoes in 2 years. Bush signed almost everything. WHY did Bush sign almost everything? A.) because he wanted those big spending bills or B.) because he was the biggest pussy we've ever had in the White House. I don't care which one it is, he was one of the worst Presidents (right down there with Johnson, Carter, and Obama) in my lifetime. Horrible. Miserable. Stupid.
I DGAS about Bush. It only proves that the dims cannot be trusted or worked with. The dems had a majority along with the likes of Snowe, Collins, etc. They were and always will be the spenders. How many trillions have Obama and the rats put us in debt?
It only proves... that Bush favored big government or was a coward.
The dems had a majority along with the likes of Snowe, Collins, etc. They were and always will be the spenders. How many trillions have Obama and the rats put us in debt?
Go to a dictionary and look up the word VETO. Bush had a lousy 12 of them in 8 years. Jerry Ford had 66 in 2 years. Look "veto" up in the dictionary and it will all become very clear.
The dems had a majority along with the likes of Snowe, Collins, etc. They were and always will be the spenders. How many trillions have Obama and the rats put us in debt? You keep obfuscating. Who is responsible for the trillions we are now in debt?
Until you acknowledge that Bush could have prevented the spending by: A.) vetoing it like Ford did or B.) impounding the money like Nixon did, I'm done with conversation. I am so tired of the ignorant, stupid, Bush worshipers that I just don't want to talk to you any more. The Obama worshipers defend Obama's big government policies. They are evil. You Bush worshipers deny that Bush had any big government policies. That makes you delusional. I don't talk to crazy people.
Read post #154. WTF does it say? Do you need a fookin English translator, MORON?
You're ranting and raving about the Democrats. So what?
You just reinforced my assessment of you, liberal apologist.
You really don't want to know what my assessment of you is.
#2. To: lucysmom (#0)
They remind me of family members who, four weeks after a quadruple bypass, want to know why Grandpa isn't dancing.
Zero diddled while America burned
#3. To: lucysmom (#0)
(Edited)
Alan Blinder
American public policy has been dominated by Democrats who don't care and Republicans that don't dare -- Dick Armey
#4. To: jwpegler (#3)
The Japanese bailed their banks out in the early 1990s. They've now spent the better part of 2 decades in a rolling recession.
#5. To: mininggold (#4)
You forgot about the devastating earthquake
American public policy has been dominated by Democrats who don't care and Republicans that don't dare -- Dick Armey
#6. To: Ignore Amos (#2)
Hahahahahahaha . . . yeah, people sure are stupid, ain't they? Why, Zero and his merry band of Marxists should be leading in the polls by 70, 80, even 90 percent.
#7. To: jwpegler (#3)
The bank bailouts did one thing -- they prevent capital and talent from being freed up for more productive uses.
#8. To: lucysmom (#6)
Please help me remember - who was president when
Zero diddled while America burned
#9. To: lucysmom (#7)
(Edited)
Hording
American public policy has been dominated by Democrats who don't care and Republicans that don't dare -- Dick Armey
#10. To: Ignore Amos (#8)
Is it because Bush didn't quite rise to the level of Marxist that you folks hate him so?
#11. To: lucysmom (#7)
American public policy has been dominated by Democrats who don't care and Republicans that don't dare -- Dick Armey
#12. To: jwpegler (#9)
What is preventing money from being put to more productive uses at this movement is the looming increase in capital gains taxes, income taxes, health insurance mandates, regulations, and the uncertainly around cap and trade.
#13. To: lucysmom (#12)
Because doing nothing gets nothing in return.
American public policy has been dominated by Democrats who don't care and Republicans that don't dare -- Dick Armey
#14. To: jwpegler (#11)
The government is run by a bunch of blithering idiots, who have no experience running a business, making a payroll, or serving customers.
#15. To: lucysmom (#12)
Why is it that the Scandinavian seem to be doing pretty well at the moment - sky high tax rates and all.
United States: 39.6% Sweden: 28% Denmark: 27% Norway: 27% Finland: 26%
American public policy has been dominated by Democrats who don't care and Republicans that don't dare -- Dick Armey
#16. To: lucysmom (#14)
George Bush, Dick Cheney...
American public policy has been dominated by Democrats who don't care and Republicans that don't dare -- Dick Armey
#17. To: jwpegler (#11)
The patient was on Medicaid. Medicaid pays the doctor $50 a visit. The signer costs $150. Are you smart enough to guess what the problem here might be? I doubt it.
#18. To: jwpegler (#16)
They are gone. Yes, you have demonstrated how clueless you are.
#19. To: mininggold (#17)
Too bad he didn't look into getting one of those from the various associations for the deaf who will work for free or car fare.
American public policy has been dominated by Democrats who don't care and Republicans that don't dare -- Dick Armey
#20. To: mininggold (#17)
Too bad he didn't look into getting one of those from the various associations for the deaf who will work for free or car fare.
#21. To: mininggold (#18)
wars mysteriously disappeared
American public policy has been dominated by Democrats who don't care and Republicans that don't dare -- Dick Armey
#22. To: no gnu taxes (#20)
If those were readily or easily available, nobody would be able to demand $150 a visit for the service.
American public policy has been dominated by Democrats who don't care and Republicans that don't dare -- Dick Armey
#23. To: jwpegler (#13)
Nothing is better than LOSING MONEY.
#24. To: lucysmom (#23)
(Edited)
Not making a profit loses money, not taxes.
American public policy has been dominated by Democrats who don't care and Republicans that don't dare -- Dick Armey
#25. To: jwpegler (#21)
Obama promised to make them disappear, along with Guantanamo Bay. How is that working out for you?
#26. To: jwpegler (#15)
Corporate tax rates:
#27. To: mininggold (#25)
your boys
American public policy has been dominated by Democrats who don't care and Republicans that don't dare -- Dick Armey
#28. To: lucysmom (#26)
(Edited)
Business income tax rates start at 15% for those with $50,000 or less in profits.
American public policy has been dominated by Democrats who don't care and Republicans that don't dare -- Dick Armey
#29. To: lucysmom (#0)
#30. To: lucysmom (#10)
Zero diddled while America burned
#31. To: lucysmom (#26)
American public policy has been dominated by Democrats who don't care and Republicans that don't dare -- Dick Armey
#32. To: Ignore Amos (#30)
why do you folks hate him so?
American public policy has been dominated by Democrats who don't care and Republicans that don't dare -- Dick Armey
#33. To: jwpegler (#28)
Along with Japan, the United States has the highest corporate tax rates in the world.
#34. To: lucysmom (#26)
#35. To: jwpegler, lucysmom (#32)
why do you folks hate him so?
Zero diddled while America burned
#36. To: war (#33)
(Edited)
American public policy has been dominated by Democrats who don't care and Republicans that don't dare -- Dick Armey
#37. To: Ignore Amos (#35)
To them, throwing out the "Bush/Cheney"; or now, the "Sarah Palin" card, is meant to stifle discussion. Period. End of discussion.
#38. To: Ignore Amos (#35)
To them, throwing out the "Bush/Cheney"; or now, the "Sarah Palin" card, is meant to stifle discussion. Period. End of discussion.
American public policy has been dominated by Democrats who don't care and Republicans that don't dare -- Dick Armey
#39. To: jwpegler (#36)
People who don't know anything about finances often confuse marginal tax rates and average taxes paid. You claim to be a Wall Street Vice President and you don't know this. I don't think so. School teacher is more likely.
#40. To: mininggold (#37)
(Edited)
Bull shit.. what you just posted is meant to stifle discussion.
Zero diddled while America burned
#41. To: jwpegler (#38)
Thanks to the new media (including this board) everyone but the most unreconstructed leftist knows that Obama's policies have failed.
#42. To: Ignore Amos (#40)
I "discuss" any topic with anyone.
#43. To: Ignore Amos (#40)
Wanna talk about failed presidents? Let's talk about Carter. He's about as relevant to today's events as Bush.
#44. To: Ignore Amos (#40)
He's about as relevant to today's events as Bush.
#45. To: war (#39)
NOONE pays marginal rates.
American public policy has been dominated by Democrats who don't care and Republicans that don't dare -- Dick Armey
#46. To: war (#41)
(Edited)
American public policy has been dominated by Democrats who don't care and Republicans that don't dare -- Dick Armey
#47. To: war (#44)
We invaded Iraq and Afghanistan during whose term?
American public policy has been dominated by Democrats who don't care and Republicans that don't dare -- Dick Armey
#48. To: war (#39)
(Edited)
ExxonMobil
American public policy has been dominated by Democrats who don't care and Republicans that don't dare -- Dick Armey
#49. To: mininggold (#42)
Then you will have no ability to compare the present with the past either with negatives or positives.
There's a vast difference between comparing the present with the past (and learning from it), and mindlessly, insanely focusing on one failed president - as if to say "if he never existed, we'd have nirvana now." You should have a really big bone to pick with No GNU Taxes.
Nah. I avoid the "Bush is Christ" threads just as much as the "Bush is Hitler" ones.
Zero diddled while America burned
#50. To: Skip Intro and go directly to democrat talking points (#43)
Zero diddled while America burned
#51. To: war (#44)
You need to recapture a sense of reality when it comes to recalling history.
Zero diddled while America burned
#52. To: Ignore Amos (#49)
he hatred demonstrated by many toward Bush borders on the insane. That insanity makes them (IMO) incapable of seeing the larger picture - and really learning from the past.
#53. To: Ignore Amos (#50)
I checked and I'm still on bozo
#54. To: mininggold (#52)
Use the Bozo if your eyes are so sensitive.
Zero diddled while America burned
#55. To: mininggold (#53)
Yet you can't recant one thing he posted.
Zero diddled while America burned
#56. To: Ignore Amos (#54)
I don't bozo anyone. Now, here's your chance to shine:
#57. To: Ignore Amos (#55)
(Edited)
Skippy's a waste of bandwidth who adds nothing to a discussion.
#58. To: mininggold, Skip Intro and proceed directly to democrat talking points (#53)
Yet you can't recant one thing he posted.
That's a ridiculous statement.
No, it's not. Bush is the direct link to the problems we're facing today, not Carter.
Some would argue that Carter's complete incompetence led to the Ayatollah's revolution in Iran in '79 - which leads to the Iranian situation today. In that regard, Carter is as guilty as Bush. All the disastrous decisions we're dealing with now started with Bush,
ROFLOL! Yep - if only that evil Bush had never been born. What a moronic statement. and are being continued by Obama.
Well, looky there. Even a broken clock is right twice a day.
Zero diddled while America burned
#59. To: Ignore Amos (#58)
Some would argue that Carter's complete incompetence led to the Ayatollah's revolution in Iran in '79 - which leads to the Iranian situation today
American public policy has been dominated by Democrats who don't care and Republicans that don't dare -- Dick Armey
#60. To: mininggold (#57)
I'm trying to figure out why such a lofty poster as yourself bothers with us lowlifes here.
Zero diddled while America burned
#61. To: Ignore Amos (#58)
ROFLOL! Yep - if only that evil Bush had never been born. What a moronic statement.
#62. To: Ignore Amos (#60)
I'm trying to figure out why I've gotten under your skin so.
#63. To: jwpegler (#59)
(Edited)
The U.S. government's support for the Shah of Iran and other meddling in their internal affairs lead to the Ayatollahs.
Zero diddled while America burned
#64. To: lucysmom (#0)
It's official: Analysis says bailouts saved economy
#65. To: mininggold (#61)
In reality YOU add nothing to the discussion
Zero diddled while America burned
#66. To: Ignore Amos (#63)
(Edited)
American public policy has been dominated by Democrats who don't care and Republicans that don't dare -- Dick Armey
#67. To: Ignore Amos (#65)
By that standard, you add less than nothing.
#68. To: jwpegler (#66)
This is where our long-term problems come from.
#69. To: mininggold, Ignore Amos, skippy (#67)
Why don't you just recant what Skip posted?
#70. To: jwpegler, Skip Intro and go directly to democrat fax machine (#66)
This is where our long-term problems come from.
All the disastrous decisions we're dealing with now started with Bush,
all the more ridiculous.
Zero diddled while America burned
#71. To: Ibluafartsky (#69)
Recant? One can't "recant" for another, whiningdope! Skippy is just a mindless little wimp.
#72. To: Ignore Amos, skippy (#70)
In any event, it makes Skippy's statement:
#73. To: mininggold (#68)
Sorry, but it was the Civil War and Lincoln, the first Republican.
American public policy has been dominated by Democrats who don't care and Republicans that don't dare -- Dick Armey
#74. To: mininggold (#71)
Ignore must feel very privileged to have an esteemed poster like you as a friend, to help him out.
#75. To: Ibluafartsky (#72)
Skippy is a typical leftwingnut pinhead.
#76. To: mininggold (#67)
Why don't you just recant what Skip posted?
Do you mean respond to instead of recant? I have. And I'll be looking forward to your posts to Gnu about his Bush obsession.
Not long after I arrived here, I did.
Zero diddled while America burned
#77. To: Ignore Amos (#70)
(Edited)
I was thinking more of the notion that "big-government" can solve all problems. To me, that began some during Hoover, and became the norm under FDR.
American public policy has been dominated by Democrats who don't care and Republicans that don't dare -- Dick Armey
#78. To: Ibluafartsky (#74)
Why not address the question to him/her?
#79. To: Ignore Amos (#76)
Do you mean respond to instead of recant? I have.
#80. To: mininggold (#78)
He hates the word 'Bush', so how do you feel about that?
#81. To: Ibluafartsky (#80)
I don't get emotional about words.
#82. To: mininggold, Skip Intro and proceed directly to democrat talking points (#79)
Zero diddled while America burned
#83. To: mininggold (#81)
Then why do you post that picture showing your emotions?
#84. To: jwpegler (#45)
#85. To: mininggold (#81)
#86. To: war (#84)
(Edited)
the era of big government is over -- Bill Clinton
#87. To: war, mininggold (#85)
Why do you bother?
#88. To: jwpegler (#19)
Regardless, you're missing the point. The NET outcome of the government's rules...
#89. To: jwpegler (#24)
If I RISK that money on a new business or to expand an existing business in a poor economic climate (created by government policies) then I may LOSE it all.
#90. To: mininggold (#75)
Naaaah, but I will agree that Skippy needed to go all the way back to Lincoln to find the origins of this nation's constitutional problems.
#91. To: jwpegler (#86)
the era of big government is over -- Bill Clinton
#92. To: lucysmom (#88)
Did you know that doctors with decent social skills aka bedside manner, seldom get sued?
the era of big government is over -- Bill Clinton
#93. To: Nebuchadnezzar (#29)
That is all the "stimulus" and bailouts accomplished. Status quo.
#94. To: Ignore Amos (#30)
Again I ask - why do you folks hate him so?
#95. To: jwpegler (#31)
So why in the hell should he build a new plant in the U.S., rather than in Taiwan, or China? He shouldn't and he's not.
#96. To: lucysmom (#94)
I don't hate Bush
That's good. If you have hatred toward someone far removed from you (as I assume Bush is) and who probably doesn't know you, it only hurts you, not him. but I do think he was a disaster of a president.
See? Even people from opposite ends of the political spectrum can find agreement at times.
Zero diddled while America burned
#97. To: lucysmom (#95)
He can pay his Chinese workers $0.60 an hour, that might have something to do with it.
the era of big government is over -- Bill Clinton
#98. To: jwpegler, Ignore Amo (#66)
The seeds of the economic problems began with FDR. edit: on second thought, they probably began with Hoover
#99. To: lucysmom (#98)
Panic of 1797, Duration, 3 years
Zero diddled while America burned
#100. To: Ignore Amos (#70)
Maybe the most accurate thing to say is the problems began when the Constitution was tossed aside.
#101. To: lucysmom (#100)
Zero diddled while America burned
#102. To: lucysmom (#98)
(Edited)
Panic of 1797, Duration, 3 years
the era of big government is over -- Bill Clinton
#103. To: jwpegler (#97)
You are a stubborn old coot ...
#104. To: jwpegler (#102)
Great Depression -- 13 years. The Great Depression started after the Federal Reserve was created, which the left claimed they needed to "smooth out" short term boom and bust cycles.
#105. To: war (#34)
BTW, told ya...
#106. To: lucysmom (#104)
Before the Great Depression there was the Long Depression.
the era of big government is over -- Bill Clinton
#107. To: lucysmom (#103)
(Edited)
Why thank you. That sounds almost friendly.
the era of big government is over -- Bill Clinton
#108. To: jwpegler (#106)
It still lasted half the amount of time as the Great Depression...
#109. To: jwpegler (#107)
I'm just on edge today for a few reasons.
#110. To: jwpegler (#106)
Yep, and it was also caused by expansionary monetary policies.
#111. To: jwpegler (#102)
...but we'd be well along the road to recovery today.
#112. To: Ignore Amos (#51)
The problem isn't Bush - the problem is the system...
#113. To: jwpegler (#46)
Unemployment is worse today than when Bush left office.
#114. To: war (#113)
Are you claiming that the day Bush left office that it was the end of his effect?
#115. To: meguro (#114)
#116. To: war (#112)
(Edited)
The problem isn't Bush - the problem is the system...[that placed him in office]
All the disastrous decisions we're dealing with now started with Bush . . .
-Skippy, the boy wonder.
#117. To: war (#115)
(Edited)
All the disastrous decisions we're dealing with now started with Bush . . .
-Skippy, the boy wonder.
#118. To: Ignore Amos (#117)
(Edited)
The first symptom of BDS is believing that the entire economic history of the US begins in January of 2001 and ends in January of 2009
#119. To: war (#118)
#120. To: A K A Stone (#119)
(Edited)
#121. To: war (#118)
Do you remember how all of you laughed at Gore for his "lockbox" reference
All the disastrous decisions we're dealing with now started with Bush . . .
-Skippy, the boy wonder.
#122. To: Ignore Amos (#121)
#123. To: war (#122)
#124. To: A K A Stone (#123)
(Edited)
#125. To: lucysmom (#0)
Had Washington not taken any aggressive steps starting in 2008, the results would have been horrific, their study says. Real gross domestic product would have fallen a "stunning" 12 percent, rather than the actual decline of 4 percent.
Mad dog gets
"calibrated..."
#126. To: Capitalist Eric (#125)
Posting such rubbish indicates your level of indoctrination is all-encompassing.
#127. To: Capitalist Eric (#125)
Excrement.
#128. To: war (#122)
Regardless of how you wish to re-frame that issue, the fact is, there were two plans...one was to use the surplus to pay down debt and re-pay the trust fund and the other was to cut taxes.
#129. To: war (#115)
The first symptom of ODS is believing that the economic history of the US excludes the period from January of 2001 to January of 2009.
#130. To: meguro (#129)
(Edited)
#131. To: lucysmom (#126)
Or, just maybe - youse the guy what's been brain-washed. Have you considered that?
Mad dog gets
"calibrated..."
#132. To: Capitalist Eric (#131)
(Edited)
#133. To: Capitalist Eric (#131)
If I'm wrong, you lose nothing. If I'm right, you'll die.
#134. To: war (#130)
Boofer, after one day of Obama in office, said his Press Secretary, Robert Gibbs, would be gone by June of 2009.
#135. To: meguro (#134)
#136. To: Liberator (#127)
I can NOT believe anyone with an iota of political sophistication would believe the so-called "Stimulus" was anything other than a scam to further bury the Middle Class, money-launder greenbacks into the DNC, the "Community," Unions, fake jobs, and Dem precincts.
Mad dog gets
"calibrated..."
#137. To: Capitalist Eric (#131)
By the time I'd finished my Bachelors in Economics, I knew that Keynes was a fool...
#138. To: war (#133)
Hey
#139. To: lucysmom (#138)
#140. To: war (#139)
#141. To: lucysmom (#137)
- Clint Eastwood -
Mad dog gets
"calibrated..."
#142. To: Capitalist Eric (#141)
Gerald Celente
#143. To: Capitalist Eric (#141)
A man's got to know his limitations..."
#144. To: All (#0)
#145. To: lucysmom (#144)
Did WWII end the Great Depression?
#146. To: lucysmom (#142)
Mad dog gets
"calibrated..."
#147. To: Capitalist Eric (#146)
There's only ~2000 years of history that back up what I'm telling you, and about 70 years of Keynesianism to "support" your position.
#148. To: war (#135)
To: meguro From the way he dresses. Hagar suits...second pair of pants FREE!!!
#149. To: lucysmom (#147)
Mad dog gets
"calibrated..."
#150. To: war, jwpegler (#113)
When he left office the recession was over a year old and showing no signs of abating.
#151. To: Ibluafartsky (#150)
(Edited)
Congress, the purse string controllers, had been a dim majority for two years.
the era of big government is over -- Bill Clinton
#152. To: jwpegler (#151)
Bush either loved big government as much as the Democrats or he was a complete coward.
#153. To: Ibluafartsky (#152)
(Edited)
Neither of which excuse the controllers of the purse strings.
the era of big government is over -- Bill Clinton
#154. To: jwpegler (#153)
Bush didn't veto squat. He signed all of those big spending bills without putting up a fight.
#155. To: Ibluafartsky (#154)
It only proves...
the era of big government is over -- Bill Clinton
#156. To: jwpegler (#155)
It only proves...
#157. To: Ibluafartsky (#156)
The dems had a majorit
the era of big government is over -- Bill Clinton
#158. To: jwpegler (#157)
Go to a dictionary and look up the word VETO.
#159. To: Ibluafartsky (#158)
dems had a majority
the era of big government is over -- Bill Clinton
#160. To: jwpegler (#159)
You Bush worshipers
#161. To: Ibluafartsky (#160)
Read post #154. WTF does it say?
the era of big government is over -- Bill Clinton
#162. To: jwpegler (#161)
So what?
#163. To: Ibluafartsky (#162)
You just reinforced my assessment of you
the era of big government is over -- Bill Clinton
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