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#11
posted to rec.boats
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Interesting article
On Tue, 9 Jun 2009 19:42:13 -0400, "Eisboch"
wrote: I watched a recent PBS interview with Vernon Jordan. He's an avid Obama supporter, but also an avid believer in free enterprise and capitalism. He believes our economic system is the best in the world but is subject to "flat tires" now and then. It doesn't mean you throw away the car. So far only about 5 percent of the stimulus money Obama has signed has hit the streets. Yet, there are growing indications that the economy is slowly but surely beginning to self correct in a typical cycle exhibited many times before, but without putting the country into assured and permanent bankruptcy. Nice positioning. "Self-correct" may include people actually believing we're on the right course. You couldn't help but position it as "self-correcting" to undercut Obama's efforts. Very nuanced and disingenuous. Recessions are hard to go through, but like a hurricane clearing overgrown forests, they can benefit overall. Did you look at the rate of job loss as compared with 1930 or the late 1980s? It looked a ****load worse. Hands in pockes isn't the right response. What was your better idea? Yes, I know and feel for the unemployed, but opportunities arise out of necessity. This isn't the first time or the last. I am fearful that this time there was an over reaction, and much of it is political, not economic based. Cliche bull****. Go look at the numbers and tell me you'd have made a better decision if at the wheel. Sheesh. |
#12
posted to rec.boats
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Interesting article
"jps" wrote in message ... On Tue, 9 Jun 2009 19:42:13 -0400, "Eisboch" wrote: I watched a recent PBS interview with Vernon Jordan. He's an avid Obama supporter, but also an avid believer in free enterprise and capitalism. He believes our economic system is the best in the world but is subject to "flat tires" now and then. It doesn't mean you throw away the car. So far only about 5 percent of the stimulus money Obama has signed has hit the streets. Yet, there are growing indications that the economy is slowly but surely beginning to self correct in a typical cycle exhibited many times before, but without putting the country into assured and permanent bankruptcy. Nice positioning. "Self-correct" may include people actually believing we're on the right course. You couldn't help but position it as "self-correcting" to undercut Obama's efforts. Very nuanced and disingenuous. Recessions are hard to go through, but like a hurricane clearing overgrown forests, they can benefit overall. Did you look at the rate of job loss as compared with 1930 or the late 1980s? It looked a ****load worse. Hands in pockes isn't the right response. What was your better idea? Yes, I know and feel for the unemployed, but opportunities arise out of necessity. This isn't the first time or the last. I am fearful that this time there was an over reaction, and much of it is political, not economic based. Cliche bull****. Go look at the numbers and tell me you'd have made a better decision if at the wheel. Sheesh. Enjoy yourself. But remember. There are still twice as many conservatives in this country than there are liberals. Not all conservatives are Republipukes. Eisboch |
#13
posted to rec.boats
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Interesting article
Eisboch wrote:
"HK" wrote in message ... Eisboch wrote: Forgetting about blame for a second, the biggest problem I think we face with Obama's domestic and economic policies is this: The US has had a national debt that has been growing for many decades. By itself, debt isn't necessarily bad. It can fuel growth and spur on an economy. The debt we have had in the past has been low risk to the lenders because of our economic growth and strength. But the debt Obama is putting in place in the first 6 months of his presidency is astronomical, both in amount and in time. The biggest problem is that it is based on capital, current or future, that we simply don't have, nor will we. That is unique in the history of this country. Never happened before, and not a single economic expert can predict what the ramification will be, near term and in the future. Eisboch What would have been your ideas to rescue what was left of the economy? I listened to the speakers at the GOP fundraiser last night. I didn't hear one idea from the leaders of the GOP that would do anything but line the pockets of the same corporate, banking, and insurance pricks who sold us down the river. Not a damned serious idea to put Americans back to work at family supporting jobs. I watched a recent PBS interview with Vernon Jordan. He's an avid Obama supporter, but also an avid believer in free enterprise and capitalism. He believes our economic system is the best in the world but is subject to "flat tires" now and then. It doesn't mean you throw away the car. So far only about 5 percent of the stimulus money Obama has signed has hit the streets. Yet, there are growing indications that the economy is slowly but surely beginning to self correct in a typical cycle exhibited many times before, but without putting the country into assured and permanent bankruptcy. Recessions are hard to go through, but like a hurricane clearing overgrown forests, they can benefit overall. Yes, I know and feel for the unemployed, but opportunities arise out of necessity. This isn't the first time or the last. I am fearful that this time there was an over reaction, and much of it is political, not economic based. Eisboch So your idea was to do...nothing? -- The modern GOP is little more than an army of moral absolutists led by a gang of moral nihilists. |
#14
posted to rec.boats
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Interesting article
On Tue, 9 Jun 2009 20:04:41 -0400, "Eisboch"
wrote: "jps" wrote in message .. . On Tue, 9 Jun 2009 19:42:13 -0400, "Eisboch" wrote: I watched a recent PBS interview with Vernon Jordan. He's an avid Obama supporter, but also an avid believer in free enterprise and capitalism. He believes our economic system is the best in the world but is subject to "flat tires" now and then. It doesn't mean you throw away the car. So far only about 5 percent of the stimulus money Obama has signed has hit the streets. Yet, there are growing indications that the economy is slowly but surely beginning to self correct in a typical cycle exhibited many times before, but without putting the country into assured and permanent bankruptcy. Nice positioning. "Self-correct" may include people actually believing we're on the right course. You couldn't help but position it as "self-correcting" to undercut Obama's efforts. Very nuanced and disingenuous. Recessions are hard to go through, but like a hurricane clearing overgrown forests, they can benefit overall. Did you look at the rate of job loss as compared with 1930 or the late 1980s? It looked a ****load worse. Hands in pockes isn't the right response. What was your better idea? Yes, I know and feel for the unemployed, but opportunities arise out of necessity. This isn't the first time or the last. I am fearful that this time there was an over reaction, and much of it is political, not economic based. Cliche bull****. Go look at the numbers and tell me you'd have made a better decision if at the wheel. Sheesh. Enjoy yourself. But remember. There are still twice as many conservatives in this country than there are liberals. Not all conservatives are Republipukes. Eisboch They are when they step into the voting booth. I'm fine with the independents since most lean socialist these days. The "conservatives" screwed the pooch plenty good. |
#15
posted to rec.boats
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Interesting article
On Jun 9, 6:47*pm, Vic Smith wrote:
On Tue, 9 Jun 2009 17:58:14 -0400, "Eisboch" wrote: "lupowell" wrote in message ... "HK" wrote in message news:jN2dnVKfd9I4_rPXnZ2dnUVZ_qSdnZ2d@earthlink. com... Zombie of Woodstock wrote: http://www.bloomberg.com/apps/news?p...d=aaaBdVMkjPnU Kind of gives you the flavor of things to come. What we have today is the afterbirth of eight years of Republican mismanagement and looking the other way. Not surprising that the corporationists are a bit worried...because it is possible they won't have the entire golden calf to consume by themselves. Keep your head buried in the sand. Nothing stays the same. It's Obama's economy, Obama's war, and Obama's deficits now. More debt incurred since January 20, 2009 than in eight years of Bush, and you still use that tired mantra. For shame! Forgetting about blame for a second, the biggest problem I think we face with Obama's domestic and economic policies is this: The US has had a national debt that has been growing for many decades. *By itself, debt isn't necessarily bad. *It can fuel growth and spur on an economy. *The debt we have had in the past has been low risk to the lenders because of our economic growth and strength. But the debt Obama is putting in place in the first 6 months of his presidency is astronomical, both in amount and in time. *The biggest problem is that it is based on capital, current or future, that we simply don't have, nor will we. That is unique in the history of this country. *Never happened before, and not a single economic expert can predict what the ramification will be, near term and in the future. Nothing new at all, beyond every day brings a "new" unique history. Every day brings change - whether you believe in it or not. Then you have a choice to make. * Be negative - glass half-empty Be positive - glass half-full. Go with it - glass overflowing. Wait - something wrong there. Be negative - some SOB emptied my glass Be neutral - *where's my glass? Be positive - another round for the house. Damn - still not right. So let's just have another round. Scarborough and the other nattering nabobs of negativity are always crying about the debt being the end of the world. I'm waiting. *Better that way than an asteroid. These guys never come out with their solutions, though. Why? Because they are ideologues, not practical men. Here's how you get the country out of debt: 1. *Stop sending SS checks. 2. *Stop providing Medicare to old folks. 3. *Raise all taxes. 1 and 2 will do it alone. So will 3. What's more likely? Now why don't they just come out and say that? Are they dishonest, or just gutless? They are politicians, which means they are both. The article in the thread title is simply babble and the typical fear-mongering that is in vogue. Everybody's got to make a living, even the lame-ass that wrote that article. --Vic LOL! Vic I like how you write. |
#16
posted to rec.boats
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Interesting article
On Tue, 9 Jun 2009 20:30:02 -0700 (PDT), Tim
wrote: LOL! Vic I like how you write. It's just Agent and the spellchecker, that's all. --Vic |
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