On 23/02/2010 10:01 AM, wrote:
On Mon, 22 Feb 2010 23:05:30 -0500, wrote:

On Mon, 22 Feb 2010 21:00:53 -0700,
wrote:



l

who are you talking about? brave and heroic US and Canadian troops who
are dying to protect freedom?

In no way disrespectful of the fighting men, do you think we are more
"free" than we were in 1991 when we started our middle eastern
crusade? It is clear the terrorists have won.

the NIH researchers who've discovered cures for diseases, new drugs,
etc?

Private companies do a lot more than NIH. I only have to point to the
human genome project where a private company cracked the code in
months and NIH dunced around for years on it.



and how do you measure inefficiency when capitalism itself just
dropped the US economy by hundreds of billions in the last year? was
that efficient?

Yes, the economy was an illusion and we were going to lose a couple
trillion no matter what because it simply did not exist. It was phony
profit that we traded like real money. In that sense the market is
self correcting. If anything, things like TARP are only prolonging the
misery because we still have not paid the bill. We basically just paid
off our Amex bill by charging it on the Visa.
Much like a Visa card, we don't even know what our interest rate will
be, a year down the road.
This crisis is far from being over. It is simply hidden in the debt we
keep ignoring. 10 years from now the republic could be in worse shape
than the Soviets.

Especially when you look at this chart:

http://tinyurl.com/ycwcnfm

The Obamanation at work. Looks like every president before him did a
better job when recessions hit. But Obama is still talking and debt
spending.

On Tue, 23 Feb 2010 17:46:42 -0700, Canuck57
wrote:

On 23/02/2010 10:01 AM, wrote:


http://tinyurl.com/ycwcnfm

The Obamanation at work. Looks like every president before him did a
better job when recessions hit. But Obama is still talking and debt
spending.

since there never has been a recession like this since 29, and that
one led to 25% unemployment

we can see his view that tens of millions of people walking the street
is fine

as long as the rich do OK

On 23/02/2010 7:07 PM, bpuharic wrote:
On Tue, 23 Feb 2010 17:46:42 -0700,
wrote:

On 23/02/2010 10:01 AM, wrote:


http://tinyurl.com/ycwcnfm

The Obamanation at work. Looks like every president before him did a
better job when recessions hit. But Obama is still talking and debt
spending.

since there never has been a recession like this since 29, and that
one led to 25% unemployment

we can see his view that tens of millions of people walking the street
is fine

as long as the rich do OK

In real no BS unadjusted terms, raw unemployment will go past 25 this
year. I figure in October/November.

Because Obamanomics is about screwing producers and rewarding the
corrupt. It is a 100% dismal failure from a big mouth buffoon.

And as other debtor governments are now doing, they are pulling in the
spending horns real fast as they know the bottom is yet to come.
Governemtns are offering bond, they go unfilled. Yep, governmetns are
now becoming worried as the big debt ponzi scheme didn't work.

Did you know as of Sept 2008 when it looked like Obama was going to win,
the US government hasn't been able to borrow the money it needs from the
markets? It is wholely created new money... inflationary money.

"Canuck57" wrote in message
...
On 23/02/2010 7:07 PM, bpuharic wrote:
On Tue, 23 Feb 2010 17:46:42 -0700,
wrote:

On 23/02/2010 10:01 AM, wrote:


http://tinyurl.com/ycwcnfm

The Obamanation at work. Looks like every president before him did a
better job when recessions hit. But Obama is still talking and debt
spending.

since there never has been a recession like this since 29, and that
one led to 25% unemployment

we can see his view that tens of millions of people walking the street
is fine

as long as the rich do OK

In real no BS unadjusted terms, raw unemployment will go past 25 this
year. I figure in October/November.

Because Obamanomics is about screwing producers and rewarding the corrupt.
It is a 100% dismal failure from a big mouth buffoon.

And as other debtor governments are now doing, they are pulling in the
spending horns real fast as they know the bottom is yet to come.
Governemtns are offering bond, they go unfilled. Yep, governmetns are now
becoming worried as the big debt ponzi scheme didn't work.

Did you know as of Sept 2008 when it looked like Obama was going to win,
the US government hasn't been able to borrow the money it needs from the
markets? It is wholely created new money... inflationary money.



Except, dufus, inflation hasn't been a problem. It's under control. So,
basically, you don't know what the frack you're talking about.

--
Nom=de=Plume

On Tue, 23 Feb 2010 21:25:18 -0700, Canuck57
wrote:

On 23/02/2010 7:07 PM, bpuharic wrote:
On Tue, 23 Feb 2010 17:46:42 -0700,
wrote:


we can see his view that tens of millions of people walking the street
is fine

as long as the rich do OK

In real no BS unadjusted terms, raw unemployment will go past 25 this
year. I figure in October/November.


thanks to bush's deficit. and no one knows what 'raw employment'
is...seems like another right wing definiition

Because Obamanomics is about screwing producers and rewarding the
corrupt. It is a 100% dismal failure from a big mouth buffoon.

except it stopped the rise in unemployment...and you just refuse to
look at the numbers


And as other debtor governments are now doing, they are pulling in the
spending horns real fast as they know the bottom is yet to come.
Governemtns are offering bond, they go unfilled. Yep, governmetns are
now becoming worried as the big debt ponzi scheme didn't work.

Did you know as of Sept 2008 when it looked like Obama was going to win,
the US government hasn't been able to borrow the money it needs from the
markets? It is wholely created new money... inflationary money.


what do you think the debt would be if unemployment hit 25%?