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#1
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posted to rec.boats
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On 23/04/2010 6:28 PM, bpuharic wrote:
On Fri, 23 Apr 2010 17:12:51 -0700, "Bill McKee" wrote: Nom=de=Plume We were overspending voraciously before Obama got in. And he has kicked up the spending 2-3x. for good economic reasons as opposed to bush who just killed 4400 US troops and spent money on tax cuts for the rich how did the rich use their money? did they give wage increases to the middle class? nope the middle class hasnt had a pay increase in 10 y ears. did they create jobs? nope. no jobs created in 10 years. what did they do? well...in the last 10 years, the richest 1% have seen their incomes triple. They are forecasting trillion dollar deficits for the next 10 years/ How is this all Bush II's fault? yeah it is. we have to spend what's needed to get out of the free market hole we've dug ourselves into. How about cutting spending to GM. peanuts Actually, I agree. GM is peanuts really. What is $200 billion in defunct debt and bailouts to $14.5 trillion anyways? At some point government is going to have to downsize to at least 1/2 of what it is today, maybe less. Even if they pull off hyper-stagflation, without the middle class incomes following or exceeding the inflation, recovery of the debt spiral is not possible. In fact, it will get worse as governemnt costs go up but the revenue does not. Real bad situation to be in. Sort of like a car heading to a brick wall at 150mph. The USA isn't that far from Greece as you might think. For example, Japan is much worse and their economy is failing too. When their debt defaults, they might want some of the money they lent to the USA. And sovern debt unwinds. Going to collapse liek a house of cards. Wish our local banks offer Yuan accounts. -- Socialism and statism are great as long as someone else pays for it. |
#2
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posted to rec.boats
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"Canuck57" wrote in message
... On 23/04/2010 6:28 PM, bpuharic wrote: On Fri, 23 Apr 2010 17:12:51 -0700, "Bill McKee" wrote: Nom=de=Plume We were overspending voraciously before Obama got in. And he has kicked up the spending 2-3x. for good economic reasons as opposed to bush who just killed 4400 US troops and spent money on tax cuts for the rich how did the rich use their money? did they give wage increases to the middle class? nope the middle class hasnt had a pay increase in 10 y ears. did they create jobs? nope. no jobs created in 10 years. what did they do? well...in the last 10 years, the richest 1% have seen their incomes triple. They are forecasting trillion dollar deficits for the next 10 years/ How is this all Bush II's fault? yeah it is. we have to spend what's needed to get out of the free market hole we've dug ourselves into. How about cutting spending to GM. peanuts Actually, I agree. GM is peanuts really. What is $200 billion in defunct debt and bailouts to $14.5 trillion anyways? At some point government is going to have to downsize to at least 1/2 of what it is today, maybe less. Even if they pull off hyper-stagflation, without the middle class incomes following or exceeding the inflation, recovery of the debt spiral is not possible. In fact, it will get worse as governemnt costs go up but the revenue does not. Real bad situation to be in. Sort of like a car heading to a brick wall at 150mph. The USA isn't that far from Greece as you might think. For example, Japan is much worse and their economy is failing too. When their debt defaults, they might want some of the money they lent to the USA. And sovern debt unwinds. Going to collapse liek a house of cards. Wish our local banks offer Yuan accounts. -- Socialism and statism are great as long as someone else pays for it. Fortunately, you're not part of our society. -- Nom=de=Plume |
#3
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posted to rec.boats
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On 23/04/2010 11:41 PM, nom=de=plume wrote:
wrote in message ... On 23/04/2010 6:28 PM, bpuharic wrote: On Fri, 23 Apr 2010 17:12:51 -0700, "Bill McKee" wrote: Nom=de=Plume We were overspending voraciously before Obama got in. And he has kicked up the spending 2-3x. for good economic reasons as opposed to bush who just killed 4400 US troops and spent money on tax cuts for the rich how did the rich use their money? did they give wage increases to the middle class? nope the middle class hasnt had a pay increase in 10 y ears. did they create jobs? nope. no jobs created in 10 years. what did they do? well...in the last 10 years, the richest 1% have seen their incomes triple. They are forecasting trillion dollar deficits for the next 10 years/ How is this all Bush II's fault? yeah it is. we have to spend what's needed to get out of the free market hole we've dug ourselves into. How about cutting spending to GM. peanuts Actually, I agree. GM is peanuts really. What is $200 billion in defunct debt and bailouts to $14.5 trillion anyways? At some point government is going to have to downsize to at least 1/2 of what it is today, maybe less. Even if they pull off hyper-stagflation, without the middle class incomes following or exceeding the inflation, recovery of the debt spiral is not possible. In fact, it will get worse as governemnt costs go up but the revenue does not. Real bad situation to be in. Sort of like a car heading to a brick wall at 150mph. The USA isn't that far from Greece as you might think. For example, Japan is much worse and their economy is failing too. When their debt defaults, they might want some of the money they lent to the USA. And sovern debt unwinds. Going to collapse liek a house of cards. Wish our local banks offer Yuan accounts. -- Socialism and statism are great as long as someone else pays for it. Fortunately, you're not part of our society. Yep. -- Socialism and statism are great as long as someone else pays for it. |
#4
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posted to rec.boats
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"Canuck57" wrote in message
... On 23/04/2010 11:41 PM, nom=de=plume wrote: wrote in message ... On 23/04/2010 6:28 PM, bpuharic wrote: On Fri, 23 Apr 2010 17:12:51 -0700, "Bill McKee" wrote: Nom=de=Plume We were overspending voraciously before Obama got in. And he has kicked up the spending 2-3x. for good economic reasons as opposed to bush who just killed 4400 US troops and spent money on tax cuts for the rich how did the rich use their money? did they give wage increases to the middle class? nope the middle class hasnt had a pay increase in 10 y ears. did they create jobs? nope. no jobs created in 10 years. what did they do? well...in the last 10 years, the richest 1% have seen their incomes triple. They are forecasting trillion dollar deficits for the next 10 years/ How is this all Bush II's fault? yeah it is. we have to spend what's needed to get out of the free market hole we've dug ourselves into. How about cutting spending to GM. peanuts Actually, I agree. GM is peanuts really. What is $200 billion in defunct debt and bailouts to $14.5 trillion anyways? At some point government is going to have to downsize to at least 1/2 of what it is today, maybe less. Even if they pull off hyper-stagflation, without the middle class incomes following or exceeding the inflation, recovery of the debt spiral is not possible. In fact, it will get worse as governemnt costs go up but the revenue does not. Real bad situation to be in. Sort of like a car heading to a brick wall at 150mph. The USA isn't that far from Greece as you might think. For example, Japan is much worse and their economy is failing too. When their debt defaults, they might want some of the money they lent to the USA. And sovern debt unwinds. Going to collapse liek a house of cards. Wish our local banks offer Yuan accounts. -- Socialism and statism are great as long as someone else pays for it. Fortunately, you're not part of our society. Yep. -- Socialism and statism are great as long as someone else pays for it. So, basically, you have no skin in this game. So, you have no standing. -- Nom=de=Plume |
#5
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posted to rec.boats
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On 24/04/2010 11:49 AM, nom=de=plume wrote:
wrote in message ... On 23/04/2010 11:41 PM, nom=de=plume wrote: wrote in message ... On 23/04/2010 6:28 PM, bpuharic wrote: On Fri, 23 Apr 2010 17:12:51 -0700, "Bill McKee" wrote: Nom=de=Plume We were overspending voraciously before Obama got in. And he has kicked up the spending 2-3x. for good economic reasons as opposed to bush who just killed 4400 US troops and spent money on tax cuts for the rich how did the rich use their money? did they give wage increases to the middle class? nope the middle class hasnt had a pay increase in 10 y ears. did they create jobs? nope. no jobs created in 10 years. what did they do? well...in the last 10 years, the richest 1% have seen their incomes triple. They are forecasting trillion dollar deficits for the next 10 years/ How is this all Bush II's fault? yeah it is. we have to spend what's needed to get out of the free market hole we've dug ourselves into. How about cutting spending to GM. peanuts Actually, I agree. GM is peanuts really. What is $200 billion in defunct debt and bailouts to $14.5 trillion anyways? At some point government is going to have to downsize to at least 1/2 of what it is today, maybe less. Even if they pull off hyper-stagflation, without the middle class incomes following or exceeding the inflation, recovery of the debt spiral is not possible. In fact, it will get worse as governemnt costs go up but the revenue does not. Real bad situation to be in. Sort of like a car heading to a brick wall at 150mph. The USA isn't that far from Greece as you might think. For example, Japan is much worse and their economy is failing too. When their debt defaults, they might want some of the money they lent to the USA. And sovern debt unwinds. Going to collapse liek a house of cards. Wish our local banks offer Yuan accounts. -- Socialism and statism are great as long as someone else pays for it. Fortunately, you're not part of our society. Yep. -- Socialism and statism are great as long as someone else pays for it. So, basically, you have no skin in this game. So, you have no standing. I have skin in the game. -- Socialism and statism are great as long as someone else pays for it. |
#6
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posted to rec.boats
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"Canuck57" wrote in message
... On 24/04/2010 11:49 AM, nom=de=plume wrote: wrote in message ... On 23/04/2010 11:41 PM, nom=de=plume wrote: wrote in message ... On 23/04/2010 6:28 PM, bpuharic wrote: On Fri, 23 Apr 2010 17:12:51 -0700, "Bill McKee" wrote: Nom=de=Plume We were overspending voraciously before Obama got in. And he has kicked up the spending 2-3x. for good economic reasons as opposed to bush who just killed 4400 US troops and spent money on tax cuts for the rich how did the rich use their money? did they give wage increases to the middle class? nope the middle class hasnt had a pay increase in 10 y ears. did they create jobs? nope. no jobs created in 10 years. what did they do? well...in the last 10 years, the richest 1% have seen their incomes triple. They are forecasting trillion dollar deficits for the next 10 years/ How is this all Bush II's fault? yeah it is. we have to spend what's needed to get out of the free market hole we've dug ourselves into. How about cutting spending to GM. peanuts Actually, I agree. GM is peanuts really. What is $200 billion in defunct debt and bailouts to $14.5 trillion anyways? At some point government is going to have to downsize to at least 1/2 of what it is today, maybe less. Even if they pull off hyper-stagflation, without the middle class incomes following or exceeding the inflation, recovery of the debt spiral is not possible. In fact, it will get worse as governemnt costs go up but the revenue does not. Real bad situation to be in. Sort of like a car heading to a brick wall at 150mph. The USA isn't that far from Greece as you might think. For example, Japan is much worse and their economy is failing too. When their debt defaults, they might want some of the money they lent to the USA. And sovern debt unwinds. Going to collapse liek a house of cards. Wish our local banks offer Yuan accounts. -- Socialism and statism are great as long as someone else pays for it. Fortunately, you're not part of our society. Yep. -- Socialism and statism are great as long as someone else pays for it. So, basically, you have no skin in this game. So, you have no standing. I have skin in the game. -- Socialism and statism are great as long as someone else pays for it. Nope. You don't even get to enter the US. You're just grousing. All wind, hot all the time. -- Nom=de=Plume |
#7
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posted to rec.boats
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On Fri, 23 Apr 2010 20:17:14 -0600, Canuck57
wrote: On 23/04/2010 6:28 PM, bpuharic wrote: On Fri, 23 Apr 2010 17:12:51 -0700, "Bill McKee" wrote: what did they do? well...in the last 10 years, the richest 1% have seen their incomes triple. They are forecasting trillion dollar deficits for the next 10 years/ How is this all Bush II's fault? yeah it is. we have to spend what's needed to get out of the free market hole we've dug ourselves into. How about cutting spending to GM. peanuts Actually, I agree. GM is peanuts really. What is $200 billion in defunct debt and bailouts to $14.5 trillion anyways? At some point government is going to have to downsize to at least 1/2 of what it is today, maybe less. Even if they pull off hyper-stagflation, without the middle class incomes following or exceeding the inflation, recovery of the debt spiral is not possible. In fact, it will get worse as governemnt costs go up but the revenue does not. Real bad situation to be in. gee. we managed it in ww2. your complaint is that the middle class isnt suffering enough. you're happy with the fact the rich are rich. you just h ate the middle class |
#8
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posted to rec.boats
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On 24/04/2010 4:39 AM, bpuharic wrote:
On Fri, 23 Apr 2010 20:17:14 -0600, wrote: On 23/04/2010 6:28 PM, bpuharic wrote: On Fri, 23 Apr 2010 17:12:51 -0700, "Bill McKee" wrote: what did they do? well...in the last 10 years, the richest 1% have seen their incomes triple. They are forecasting trillion dollar deficits for the next 10 years/ How is this all Bush II's fault? yeah it is. we have to spend what's needed to get out of the free market hole we've dug ourselves into. How about cutting spending to GM. peanuts Actually, I agree. GM is peanuts really. What is $200 billion in defunct debt and bailouts to $14.5 trillion anyways? At some point government is going to have to downsize to at least 1/2 of what it is today, maybe less. Even if they pull off hyper-stagflation, without the middle class incomes following or exceeding the inflation, recovery of the debt spiral is not possible. In fact, it will get worse as governemnt costs go up but the revenue does not. Real bad situation to be in. gee. we managed it in ww2. your complaint is that the middle class isnt suffering enough. you're happy with the fact the rich are rich. you just h ate the middle class Money is attracted to those that know how to management money. It isn't attracted to those that money managements them. -- Socialism and statism are great as long as someone else pays for it. |
#9
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posted to rec.boats
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On Sat, 24 Apr 2010 07:38:36 -0600, Canuck57
wrote: On 24/04/2010 4:39 AM, bpuharic wrote: Actually, I agree. GM is peanuts really. What is $200 billion in defunct debt and bailouts to $14.5 trillion anyways? At some point government is going to have to downsize to at least 1/2 of what it is today, maybe less. Even if they pull off hyper-stagflation, without the middle class incomes following or exceeding the inflation, recovery of the debt spiral is not possible. In fact, it will get worse as governemnt costs go up but the revenue does not. Real bad situation to be in. gee. we managed it in ww2. your complaint is that the middle class isnt suffering enough. you're happy with the fact the rich are rich. you just h ate the middle class Money is attracted to those that know how to management money. = more right wing fairy tale bull****. you really believe this stuff, dont you? |
#10
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posted to rec.boats
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On 24/04/2010 8:14 AM, bpuharic wrote:
On Sat, 24 Apr 2010 07:38:36 -0600, wrote: On 24/04/2010 4:39 AM, bpuharic wrote: Actually, I agree. GM is peanuts really. What is $200 billion in defunct debt and bailouts to $14.5 trillion anyways? At some point government is going to have to downsize to at least 1/2 of what it is today, maybe less. Even if they pull off hyper-stagflation, without the middle class incomes following or exceeding the inflation, recovery of the debt spiral is not possible. In fact, it will get worse as governemnt costs go up but the revenue does not. Real bad situation to be in. gee. we managed it in ww2. your complaint is that the middle class isnt suffering enough. you're happy with the fact the rich are rich. you just h ate the middle class Money is attracted to those that know how to management money. = more right wing fairy tale bull****. you really believe this stuff, dont you? Yep. -- Socialism and statism are great as long as someone else pays for it. |
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