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#61
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On 15/02/2010 7:05 AM, bpuharic wrote:
On Mon, 15 Feb 2010 06:16:23 -0700, wrote: Have a better explanation for why all of a sudden the government can spend it's way out of debt to prosperity? What economic theory is this? Bankruptcy? it's called 'keynesian' economics. and it's on pretty solid foundations. Lets see. Iceland tried it, fell flat on its ass. Socialist Greece tried it, and to fund it now looks like they mistated their real debt levels and is failing real bad. Socialist Spain tried it, not fairing too well. Japan tried it and hasn't seen valued growth in 2 decades. Show me where in history I can find that it worked? I can't see any. Even Roman times tried it and resulted in the disbandment of the Roman Empire. and our debt service after ALL the money is spent over the next 10 years? 3.4% That is amost $500 billion a year every year for nothing of value. Or about a perpetual debt payment of $3770 per worker every year and no return. Given the currency float has also been diluted, that is a wildly optimistic number too. Reality is much worse as inflation will force rates up or the currency will devalue like a rock. debt burden under george bush the first? 3.4% gee. i guess canuck doesn't know that 3.4=3.4. Does not mater at this point who you blame really. Even if you choose to forget Obama's 3.5 trillion 18% increase in just 2 years, debt-corruption spend at the end of 2010, the debt of $14.5 trillion isn't far off. Each worker now supports about $108,000 in federal debt. And it adds ZERO value to their lives. Taxation enslavement. Permanent wealth rob. Money not spent so it can't create jobs. Liberal debt borrowing, liberal ponzi currency management is bringing down the United States to it's financial knees. Get over it. Probably too late to stop it too, and no politicial vision and will too either as DC **** fests the taxpayers with corporate corruption bailouts - certain long term doom for the US economy. As in essence, Congress just expanded the administration debt mongering capabilities to $14.5 to prevent the US federal government from going into default for non-payment. Since they can't borrow, they create. A fancy way to say United States of America itself is NOT paying it's debts and debt is now out of control just like Greece. Ever heard the investment term, "Dead cat a falling..."? Just about where we are right now. |
#62
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posted to rec.boats
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On Mon, 15 Feb 2010 10:39:23 -0700, Canuck57
wrote: On 15/02/2010 7:05 AM, bpuharic wrote: On Mon, 15 Feb 2010 06:16:23 -0700, wrote: Have a better explanation for why all of a sudden the government can spend it's way out of debt to prosperity? What economic theory is this? Bankruptcy? it's called 'keynesian' economics. and it's on pretty solid foundations. Lets see. Iceland tried it, fell flat on its ass. gee. hows' the US doing today under the chicago school? Middle class doing alright? unemployment at 4%? Socialist Greece tried it, and to fund it now looks like they mistated their real debt levels and is failing real bad. guess you dont know how keynesian economics works. and guess who blew greece's economy? wall street. it was goldman sachs who advised them on debt restructuring Socialist Spain tried it, not fairing too well. keynesianism has zip to do with socialism. more paranoia from the ultra far right. Japan tried it and hasn't seen valued growth in 2 decades. japan had a variety of mercantilism. again you don't know what keynesianism. so far you've accused wall street, socialists etc of being keynesians.... which would come as a shock to keynes so tell us...how's the US economy doing under your socialism for the rich? Show me where in history I can find that it worked? I can't see any. Even Roman times tried it and resulted in the disbandment of the Roman Empire. it's working now. unemployment? dropped 10% in the last year. guess you right whiners don't pay attention to the news. and our debt service after ALL the money is spent over the next 10 years? 3.4% That is amost $500 billion a year every year for nothing of value. Or about a perpetual debt payment of $3770 per worker every year and no return. nothing of value? you'd prefer 25% unemployment? i guess you right wingers dont consider middle class workers to be of value. and what did george bush get us for HIS 3.4% of GDP spent on tax cuts for the rich? it got us where we are today. Given the currency float has also been diluted, that is a wildly optimistic number too. Reality is much worse as inflation will force rates up or the currency will devalue like a rock. too late sport. your wall street buddies already destroyed the economy. your only bitch is that they didn't steal ALL the money from teh middle class that's why you want unemployment at 25%....drain every last drop from the middle class debt burden under george bush the first? 3.4% gee. i guess canuck doesn't know that 3.4=3.4. Does not mater at this point who you blame really. Even if you choose to forget Obama's 3.5 trillion 18% increase in just 2 years, debt-corruption spend at the end of 2010, the debt of $14.5 trillion isn't far off. ROFLMAO!! it doesnt matter who you blame THEN you blame obama??? do you realize you contrradicted yourself in teh same PARAGRAPH? Each worker now supports about $108,000 in federal debt. And it adds ZERO value to their lives. Taxation enslavement. Permanent wealth rob. Money not spent so it can't create jobs. fine. what you gonna cut? why not mothball all US aircraft carriers? shut down the US marines? tell old people not to bother about healthcare that what you got in mind? Liberal debt borrowing, liberal ponzi currency management is bringing down the United States to it's financial knees. Get over it. Probably too late to stop it too, and no politicial vision and will too either as DC **** fests the taxpayers with corporate corruption bailouts - certain long term doom for the US economy. i love it. liberal borrowing...when right wingers have had control of the US govt for 22 of the last 30 years...when the biiggest spenders in history were ronald reagan and george bush who spent a trillion dollars on a useless war. you right wingers just dont understand history OR economics, do you? you guys think obama's been president for 30 years. |
#63
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posted to rec.boats
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"Eisboch" wrote in message
... "nom=de=plume" wrote in message ... "Eisboch" wrote in message ... "bpuharic" wrote in message ... On Sun, 14 Feb 2010 21:44:12 -0500, "Eisboch" wrote: "nom=de=plume" wrote in message ... So, when a group makes an error and admits it, that means it's ok for the group that perpetrated the hoax to get off the hook. Quoting from Wiki: The Iraq Liberation Act of 1998 is a United States Congressional statement of policy calling for regime change in Iraq.[ It was signed into law by President Bill Clinton. The Act found that between 1980 and 1998 Iraq had: 1.. committed various and significant violations of International Law, 2.. had failed to comply with the obligations to which it had agreed following the Gulf War and 3.. further had ignored Resolutions of the United Nations Security Council. "He will then conclude that he can go right on and do more to rebuild an arsenal of devastating destruction. And some day, some way, I guarantee you he'll use the arsenal.... President Clinton ~ 1998" Bush lied? yeah. because he was president AFTER clinton and he had evidence...which he disregarded...that there were NO WMD's in iraq. clinton sent ZERO troops into iraq. you right wingers....so let's summarize what you believe: -obama's been president for 9 years -clinton invaded iraq amazing what you'll believe *I* believe that it's time for most of you lefties to pull your head out of the sand and get a eyeful of reality. Obama is. Eisboch Basically, you have no argument other than "it was Clinton's fault." Keep trying. I made no such argument. All I did was quote Wiki as to the origins of US policy for regime change in Iraq. It did not start with Bush. He just happened to carry out the unanimously approved policy by the Senate and signed by his predecessor, Bill Clinton. Eisboch Your intent was pretty clear. The fact that Clinton was concerned about Iraq in no way justified Bush's illegal and immoral actions. -- Nom=de=Plume |
#64
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posted to rec.boats
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"Eisboch" wrote in message
... "nom=de=plume" wrote in message ... And, Clinton invaded Iraq when? And, Bush claimed that WMDs where where? Bush listened to Clinton about anything??? Keep defending Bush. You're doing so well! Please read previous response. Why do people like yourself automatically jump to the conclusion that a statement of fact that may illuminate a broader influence on a controversial subject means that the author of that statement is a "rightie" or Bush supporter? This is exactly the type of current political animosity that has divided this country. Now-a-days you are either left or right apparently. There's no middle ground anymore. I have never "defended" Bush without reservation. I have, on occasion, expressed support for some of Obama's initiatives. I don't agree with much of how he is trying to accomplish them however. The first step to getting this country back on track is to stop the stupid finger pointing. Eisboch If that's the case, why bring up something that was always obvious. I notice you didn't mention Bush the First's invasion either. Or, Rumsfeld's or Cheney's previous involvement with Saddam. You didn't mention the British establishing Iraq to begin with either. The first step to getting this country back on track is to be intellectually honest. -- Nom=de=Plume |
#65
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posted to rec.boats
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"Eisboch" wrote in message
... "bpuharic" wrote in message ... On Mon, 15 Feb 2010 02:54:56 -0500, "Eisboch" wrote: "nom=de=plume" wrote in message ... And, Clinton invaded Iraq when? And, Bush claimed that WMDs where where? Bush listened to Clinton about anything??? Keep defending Bush. You're doing so well! Please read previous response. Why do people like yourself automatically jump to the conclusion that a statement of fact that may illuminate a broader influence on a controversial subject means that the author of that statement is a "rightie" or Bush supporter? This is exactly the type of current political animosity that has divided this country. Now-a-days you are either left or right apparently. There's no middle ground anymore. because it's an obvious distortion. no one cares what clinton thought because he didn't invade iraq. and he may have been WRONG but bush LIED. so you guys just keep ignoring the FACTS and SPIN them to make it look like bush was nothing more than some guy who worked for clinton. That's a really strange and weird interpretation of what I said however it furthers my point. This place has gone to hell in a handbasket. No point in further discussion. Eisboch Which is the point. Bush let it, actually forced it out of control with the invasion. Obama is attempting to put the pieces back together. Feel free to skedaddle from the conversation. -- Nom=de=Plume |
#66
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posted to rec.boats
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"Canuck57" wrote in message
... On 14/02/2010 6:30 PM, nom=de=plume wrote: wrote in message ... On 14/02/2010 2:56 PM, bpuharic wrote: On Sun, 14 Feb 2010 14:53:20 -0700, wrote: On 14/02/2010 12:50 PM, bpuharic wrote: On Sun, 14 Feb 2010 14:30:11 -0500, John H wrote: http://tinyurl.com/yhsqavk actually he's not. US troops are entering an area where terrorists are hiding behind civilians and no one killed more civilians than bush. look at the hundreds of thousands dead in iraq So is it OK that Obama does it because he is black or is it democrat? LMAO...liberals are pathetic at rationalization. and right wingers are great at cowardice. they murder hundreds of thousands in a useless war then complain about a president who IS trying to protect america. figures I would say if I was Osama Bin Laden, I would put the quiet word out to leave Obama alone, he is doing the work of Islam by taking down the affluent infidels of America. He is doing more damage than we could ever do. Obama's economic advice is obviously tainted by a toxic liberal-statism big government. Quite predictable actually. With a study of Obama, the fast track boy appealed to democrat, liberal statists and shot to the top without ever having been to a baseball game before the age of 12. Yet people fail to see correlations in the corruption and mesiah madness. The same crap Adolph Hitler pulled in the earlier years, Obama is doing today. Good at deflecting blame for alterior motives. But if I was an American, I would seriously question the deterioration of values of the US government itself. Go ahead, be a good little sheeple and follow Obama to hell. The road to hell is paved with good intentions and you will have lots of company. Because as much as I don't like the idea, I can't see this depression ending soon and even if it abates for a bit, it will not last long. Bad debtors always go down, the only question is how many good people it takes with it. You just love the terrorists don't you. Why not just say it. It'll make you feel better. Have a better explanation for why all of a sudden the government can spend it's way out of debt to prosperity? What economic theory is this? Bankruptcy? It's basic economics, and it's not about "spending it's way out of debt." That's your foolish twist. You don't cut back spending during a financial crisis. Hoover did it and we know what happened. Think about the logic of Obama's policy, how insane it is. Debt-spend to prosperity. See previous. I can assure you that if you are in debt and have problems with debt, the last thing you do to fix it is borrow more and spend it on ****. I am not a government responsible for more than 300m people. But will admit Obama be like the Pied Piper. Has a good talk and sings a song. When are you ordering the jack boots? Like I said, I'm sure you feel fine calling him a nazi or stalinist or similar. Go for it. -- Nom=de=Plume |
#67
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posted to rec.boats
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"Canuck57" wrote in message
... On 15/02/2010 7:05 AM, bpuharic wrote: On Mon, 15 Feb 2010 06:16:23 -0700, wrote: Have a better explanation for why all of a sudden the government can spend it's way out of debt to prosperity? What economic theory is this? Bankruptcy? it's called 'keynesian' economics. and it's on pretty solid foundations. Lets see. Iceland tried it, fell flat on its ass. Socialist Greece tried it, and to fund it now looks like they mistated their real debt levels and is failing real bad. Socialist Spain tried it, not fairing too well. Japan tried it and hasn't seen valued growth in 2 decades. Show me where in history I can find that it worked? I can't see any. Even Roman times tried it and resulted in the disbandment of the Roman Empire. and our debt service after ALL the money is spent over the next 10 years? 3.4% That is amost $500 billion a year every year for nothing of value. Or about a perpetual debt payment of $3770 per worker every year and no return. Given the currency float has also been diluted, that is a wildly optimistic number too. Reality is much worse as inflation will force rates up or the currency will devalue like a rock. debt burden under george bush the first? 3.4% gee. i guess canuck doesn't know that 3.4=3.4. Does not mater at this point who you blame really. Even if you choose to forget Obama's 3.5 trillion 18% increase in just 2 years, debt-corruption spend at the end of 2010, the debt of $14.5 trillion isn't far off. Each worker now supports about $108,000 in federal debt. And it adds ZERO value to their lives. Taxation enslavement. Permanent wealth rob. Money not spent so it can't create jobs. Liberal debt borrowing, liberal ponzi currency management is bringing down the United States to it's financial knees. Get over it. Probably too late to stop it too, and no politicial vision and will too either as DC **** fests the taxpayers with corporate corruption bailouts - certain long term doom for the US economy. As in essence, Congress just expanded the administration debt mongering capabilities to $14.5 to prevent the US federal government from going into default for non-payment. Since they can't borrow, they create. A fancy way to say United States of America itself is NOT paying it's debts and debt is now out of control just like Greece. Ever heard the investment term, "Dead cat a falling..."? Just about where we are right now. You're just daft. Take an econ class and get back to us. -- Nom=de=Plume |
#68
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posted to rec.boats
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On Sun, 14 Feb 2010 21:57:16 -0500, bpuharic wrote:
On Sun, 14 Feb 2010 21:44:12 -0500, "Eisboch" wrote: "nom=de=plume" wrote in message ... So, when a group makes an error and admits it, that means it's ok for the group that perpetrated the hoax to get off the hook. Quoting from Wiki: The Iraq Liberation Act of 1998 is a United States Congressional statement of policy calling for regime change in Iraq.[ It was signed into law by President Bill Clinton. The Act found that between 1980 and 1998 Iraq had: 1.. committed various and significant violations of International Law, 2.. had failed to comply with the obligations to which it had agreed following the Gulf War and 3.. further had ignored Resolutions of the United Nations Security Council. "He will then conclude that he can go right on and do more to rebuild an arsenal of devastating destruction. And some day, some way, I guarantee you he'll use the arsenal.... President Clinton ~ 1998" Bush lied? yeah. because he was president AFTER clinton and he had evidence...which he disregarded...that there were NO WMD's in iraq. clinton sent ZERO troops into iraq. you right wingers....so let's summarize what you believe: -obama's been president for 9 years -clinton invaded iraq amazing what you'll believe You just gotta love 'negative evidence'! -- ***Are you better off than you were FOUR TRILLION DOLLARS ago?*** John H |
#69
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posted to rec.boats
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On Mon, 15 Feb 2010 09:45:36 -0500, "Eisboch" wrote:
"bpuharic" wrote in message .. . On Mon, 15 Feb 2010 02:54:56 -0500, "Eisboch" wrote: "nom=de=plume" wrote in message ... And, Clinton invaded Iraq when? And, Bush claimed that WMDs where where? Bush listened to Clinton about anything??? Keep defending Bush. You're doing so well! Please read previous response. Why do people like yourself automatically jump to the conclusion that a statement of fact that may illuminate a broader influence on a controversial subject means that the author of that statement is a "rightie" or Bush supporter? This is exactly the type of current political animosity that has divided this country. Now-a-days you are either left or right apparently. There's no middle ground anymore. because it's an obvious distortion. no one cares what clinton thought because he didn't invade iraq. and he may have been WRONG but bush LIED. so you guys just keep ignoring the FACTS and SPIN them to make it look like bush was nothing more than some guy who worked for clinton. That's a really strange and weird interpretation of what I said however it furthers my point. This place has gone to hell in a handbasket. No point in further discussion. Eisboch You, sir, are a fast learner. -- ***Are you better off than you were FOUR TRILLION DOLLARS ago?*** John H |
#70
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