View Single Post
  #21   Report Post  
posted to rec.boats
Canuck57[_9_] Canuck57[_9_] is offline
external usenet poster
 
First recorded activity by BoatBanter: Oct 2009
Posts: 6,596
Default Obama fails to get Nobel Prize in Economics

wf3h wrote:
On Oct 12, 12:23 pm, John H wrote:
On Mon, 12 Oct 2009 11:40:01 -0400, Jim wrote:
wf3h wrote:
On Oct 12, 10:55 am, Canuck57 wrote:
His achievement was $1.3 trillion debt-corruption-spend in only 8
months. Guinness Book of records material perhaps?-
what's really a record is how quickly george bush and his rich free
market friends stole my 401K
So sorry for your loss. Too bad you don't have at least some control of
your 401. You might look at fixing that instead of blaming the boogyman.

He has blamed everyone *but* the person responsible for his terrible
loss - himself.


really? i caused the collapse of the economy?


Indirctly, yes, as a collective society we did by voting for irrational
leadership. Politicial types we worship often toss sustainability out
with the garbage when temptation and payolla are greasing the wheels.

Congress handling of monitary policy is not sustainable yet they keep on
doing it. So don't watch their lips, watch their actions.

well let's tally up shall we?

the right wing believes i personally am responsible for the collapse
of the economy


Not personally, but collectively yes. People vote for big talk, jive
turkeys (white, black or other) and feel good statements. They don't
vote with rationality, sustainability or integrity in mind.

Americans don't want to hear that the government is grossly and
liberally overspending to a point that it can't work. They don't want
to hear that interest rates are 10% too low and should be allowed to
float to market and not governemnt rates. They don't want to hear that
until we straighten out this mess, employment will be lousy and the risk
of economic collapse is pending.

Nope, easier to say Heil Obama or the Mesiah Obama will make my car
payments.

Same symptoms as a defunct about to go bankrupt insatiable debtor has.


it also believes obama's been president for the last 8 years


By your logic, I could blame Obama mama's $1.3 debt spend on Abraham
Lincoln. No one put a gun to Obama's head to debt-corruption-spend. He
could have ended the recession like Reagan did, take less and reap the
rewards through more economic activity.

Show me a politician that recognizes the elasticity of taxation much
less knows what it means. All government knows is that it wants to be
bigger, obease and control more of your life.

Health care, it isn't about helping people. Government wants to skim
part of the action, just like they do in Canada and the UK. $1 for
health care becomes 33 cents of health care, 33 cents of burocracy bloat
and 34% pork spending.

Take Ottawa Canada, it costs more than 25% of total revenue to run
government, to doll out 7% of total income for health care. And
Canadians pay a lot of taxes.