![]() |
Payrolls Post Biggest Annual Decline Since 1945
On Jan 10, 8:59*pm, "Calif Bill" wrote:
wrote in message t... On Sat, 10 Jan 2009 17:03:33 -0500, BAR wrote: I am willing to wait it out. We don't need to go deeper into debt. It is going to be a little bit painful for some but, that's life. Now, you're concerned about debt? *Where was all that fiscal conservatism when the last 3 Republican administrations were piling on the debt? http://zfacts.com/p/318.html The last 8 year Democrat administration piled on spending also. *Only difference is there was the Dot.com boom, that allowed the administration to overspend without excess borrowing. *Same reason a Democrat controlled Calif is in deep financial poop. *During the Dot.com boom, they expanded spending, permanent spending programs, with not permanent money. The Y2K hoax added a lot to the dot com boom too.. Everyone bought new computers.. At the same time, the next three years were bust, well, because everyone already had new computers... |
Payrolls Post Biggest Annual Decline Since 1945
On Jan 10, 9:40*pm, "Eisboch" wrote:
"hk" wrote in message m... Community organizing is leadership. Sorry Harry. *Community organizing is management. Leadership is very different. Eisboch Besides, training folks to commit voter fraud, which is all ACORN does, is not leadership, it's criminal... So by Harrys standards, Joe Kennedy and Al Capone were leaders too. Obama is surrounded by crims and thugs, his "leadership" abilities were made up by the media through hype and it will come crashing down as it already is.. Caroline Kennedy has as much leadership experience as Obama, they have both written books.... |
Payrolls Post Biggest Annual Decline Since 1945
On Sat, 10 Jan 2009 20:18:26 -0500, "Eisboch"
wrote: That's all fine and good and certainly simplifies things. But it doesn't help when trying to learn from history and past mistakes when trying to avoid the same. I really don't think the analogy of a ship's captain's actions and responsibility in a single incident (as romantic and traditional as it is) compares with long term policies of a POTUS, the influence of which extend well beyond their time in office. Nobody "finishes" the job. Agreed, but they at least set a course. The reason I keep it simple is that's what works for me. Sometimes you have to look through the complexities at the simple values that have held true - mostly - for ages. That's really a form of conservatism. Values like thrift, do unto others, hard work, etc, etc. You've heard them. A few things about past history. 1. No matter how many times you say "those who fail to heed history are doomed to repeat it," people fail to heed it. 2. A lot of these macro-economic issues aren't hardly related to past history. The creation of history in this regard is happening all the time. Global economy and banking, capital going to global labor markets, the suppression of national interests by globalists, etc. This is an ever-changing sea. The so called economic "experts" got us where we are, and they're still living in the recent past, as I've suggested before regarding thinking we can long exist as independent men without producing the goods we consume. There's a guy, Bernake(sp?) I think, who is an "expert" on the Great Depression, and that is said to make him a good candidate for some post or another. News Flash! THIS IS NOT 1933. 3. Reagan, the Bushes, and Clinton had little to do with any economic success during their terms. They just try to take credit when the dice don't come up craps. Despite his so-called "good" economy, what happened during the Clinton admin has also led us here. Reagan inherited high inflation, a **** poor economy and a recession. Say what you will, but he led us out of it through some smart maneuvering and enabling of business. The old "he spent us into debt" seems moot now-a-days. The only thing I remember about Carter, nice guy that he is and all, was that he also inherited a ****-poor economy from Ford. It turns out his policies to invigorate the economy led to even higher inflation and interest rates which eventually led to the "Reagan" Recession. I remember it well because I left the Navy in 1977 and got a rude awakening over the following few years about the cost of living and the "security" of civilian jobs. As I said, for a portion of Reagan's admin we had the highest employment since the great depression. And I recall a pretty good downturn during Bush I, so I guess he inherited that from Reagan. I don't buy that kind of thinking, because, as I said, it just gets into political mud-slinging. I'll just go with making the current skipper responsible for the ship of state, and let the "historians" sort out the past. We all remember what had an impact on us personally. Besides being in Reagan's terrible job market, during that time I went back 14 years in wages to keep my family fed. Got a job running packaging machines. A QC guy there I lunched with was about to lose his house if Reagan wouldn't "pardon" the PATCO strikers so he could go back to work as an AT controller at O'Hare. He had at least 10 years doing that. His career. I was already back in IT when I read the old glad-handing-with-the rich-and-famous fart Ronnie decided to be a petty **** and bar the strikers for life. That's another memory of Ronnie I have. Kick a guy when he's down. Sorry, I'm not one to admire most politicians, especially Reagan. Never bought the "Star Wars Killed the Soviets" either. VCR, the Polish Pope, other communications advances bringing in Western culture and lifestyle, and the natural life span of the unworkable commie system did that. When Ford made the mistake of saying east Europe wasn't dominated by the Soviets during a debate with Carter, he wasn't far off in one sense. Since my wife's family was in Poland I already knew the Poles and others were not "dominated" in their minds. As recently as '75 a poly-sci professor of mine harped on the too-true fact that the Soviets had NEVER changed internal policy due to outside pressures. A couple years later Carter pressured them into letting Jews emigrate, and when I saw that happen, it sent a shock through me. The Soviets were finally coming undone. Afghanistan helped them along too. Reagan was a spectator. Of course, since I like to keep it simple, I may be entirely wrong about all this. We all have our own lenses. --Vic |
Payrolls Post Biggest Annual Decline Since 1945
On Jan 10, 10:02*pm, BAR wrote:
wrote: On Sat, 10 Jan 2009 17:03:33 -0500, BAR wrote: I am willing to wait it out. We don't need to go deeper into debt. It is going to be a little bit painful for some but, that's life. Now, you're concerned about debt? *Where was all that fiscal conservatism when the last 3 Republican administrations were piling on the debt? http://zfacts.com/p/318.html Entitlements should be done away with, all of them. That will reduce the * federal debt and deficit. I think earmarks should be done with.. I remember the Pelosi team being voted in promosing to identify earmarks and their authors, only to immediately pass laws protecting their identities as soon as they took power... This will never be fixed until we vote out the most corrupt congress in history... |
Payrolls Post Biggest Annual Decline Since 1945
Vic Smith wrote:
On Sat, 10 Jan 2009 17:47:12 -0500, "Eisboch" wrote: No, I don't think he's correct at all. We are in for some tough times over the next 2-3 years, but we will recover nicely. As bad as it is, it has been worse before. Don't your remember the late Carter years, 20% interest rates, inflation and 11 percent unemployment? I was ok then. 8% mortgage. What I remember most is getting laid off my first IT job in 1982. Along with plenty of others. Ronald Reagan. The highest unemployment rate since the great depression. That's what I remember. You know what say about when your neighbor gets laid off.... During the Carter years (in 78, 79 and 80) the Ag credit union was paying 12% on 6 month CDs. I was working for the government in 1980 while Carter was President and I voted for Reagan. I knew Reagan was going to clean up the Federal government but, it was better for the country to get a handle on the government spending than to protect your own job. Besides, IT was ascending and private industry jobs were paying 30 to 40 percent better than government jobs. |
Payrolls Post Biggest Annual Decline Since 1945
On Sat, 10 Jan 2009 22:21:28 -0500, BAR wrote:
Vic Smith wrote: On Sat, 10 Jan 2009 17:47:12 -0500, "Eisboch" wrote: No, I don't think he's correct at all. We are in for some tough times over the next 2-3 years, but we will recover nicely. As bad as it is, it has been worse before. Don't your remember the late Carter years, 20% interest rates, inflation and 11 percent unemployment? I was ok then. 8% mortgage. What I remember most is getting laid off my first IT job in 1982. Along with plenty of others. Ronald Reagan. The highest unemployment rate since the great depression. That's what I remember. You know what say about when your neighbor gets laid off.... During the Carter years (in 78, 79 and 80) the Ag credit union was paying 12% on 6 month CDs. I was working for the government in 1980 while Carter was President and I voted for Reagan. I knew Reagan was going to clean up the Federal government but, it was better for the country to get a handle on the government spending than to protect your own job. Besides, IT was ascending and private industry jobs were paying 30 to 40 percent better than government jobs. Reagan increased the federal payroll. I voted for him because I figured he would nuke the Iranians. That's apparently what the Iranians thought too, so it worked out well. --Vic |
Payrolls Post Biggest Annual Decline Since 1945
Eisboch wrote:
"hk" wrote in message m... Community organizing is leadership. Sorry Harry. Community organizing is management. Leadership is very different. Eisboch You think you can organize without strong leadership? No way, Jose. |
Payrolls Post Biggest Annual Decline Since 1945
On Jan 10, 11:07*pm, hk wrote:
Eisboch wrote: "hk" wrote in message om... Community organizing is leadership. Sorry Harry. *Community organizing is management. Leadership is very different. Eisboch You think you can organize without strong leadership? No way, Jose. He didn't organize anything, he worked from a prepared script and taught folks how to commit voter fraud.. He was a well rehearsed salesman/pitchman who read the manual to others. **** I did that at age 18 as an inside sales trainer for a sales company... Like I said, he didn't run anything, he didn't organize anything, you all got to get away from that "community organizer" hoax. He was, and still is, just a glorified door to door salesman... |
Payrolls Post Biggest Annual Decline Since 1945
wrote in message ... On Jan 10, 8:59 pm, "Calif Bill" wrote: wrote in message t... On Sat, 10 Jan 2009 17:03:33 -0500, BAR wrote: I am willing to wait it out. We don't need to go deeper into debt. It is going to be a little bit painful for some but, that's life. Now, you're concerned about debt? Where was all that fiscal conservatism when the last 3 Republican administrations were piling on the debt? http://zfacts.com/p/318.html The last 8 year Democrat administration piled on spending also. Only difference is there was the Dot.com boom, that allowed the administration to overspend without excess borrowing. Same reason a Democrat controlled Calif is in deep financial poop. During the Dot.com boom, they expanded spending, permanent spending programs, with not permanent money. The Y2K hoax added a lot to the dot com boom too.. Everyone bought new computers.. At the same time, the next three years were bust, well, because everyone already had new computers... The new computers and the y2k were minor factors. Was easy money and greed just like the subprime housing boom. lots of people believing the Wall Street analyists that these companies with just a website would keep increasing in value. Buy now, sell the stock in 3 months for 1000%+ gain. Plus all the easy money Greenspan freed up. |
All times are GMT +1. The time now is 03:52 PM. |
Powered by vBulletin® Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
Copyright ©2004 - 2014 BoatBanter.com