Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #51   Report Post  
posted to rec.boats
external usenet poster
 
First recorded activity by BoatBanter: Oct 2009
Posts: 6,596
Default Where's the stimulus?

On 19/02/2011 12:20 PM, BAR wrote:
In ,
says...

On Sat, 19 Feb 2011 08:11:53 -0800,
wrote:

Unemployment benefits are one of the
MOST stimulative things around.


I don't think there's any evidence for that. A lot of smart people
would argue that new infrastructure projects, as long as they're
really needed, not only create jobs but also leave behind something of
long term value. More importantly they increase the velocity of money
flow which is a basic economic principle.


Look I have money in my left hand. Close your eyes. No open your eyes.
No the money is in my right hand. It is the same money it has just been
moved from one hand to the other. There has been no wealth creation.
There is no new money. There is no increase in the amount of money. It
is all just slight of hand.


Correct. Government can only confiscate it and inefficiently
redistribute it. 100% of government si consumption based. What makes
real money is like a cotton grower. Makes cotton where no cotton
previously existed before. That is a wealth producing job.

Trouble is too many consumers and not enough producers. We pay far too
many to be government and bankers, not enough pay for producers like
growers, miners, etc. Same problem when Rome fell, too many academics,
politicians and parasites on the governments behind. Not enough
producers to support the size of the system.

--
Socialism is a great ideal as long as someone else pays for it. And when
no one is left to pay for it, they all can share nothing.
  #52   Report Post  
posted to rec.boats
external usenet poster
 
First recorded activity by BoatBanter: Oct 2009
Posts: 6,596
Default Where's the stimulus?

On 19/02/2011 9:12 PM, wrote:
On Sat, 19 Feb 2011 14:20:50 -0500, wrote:

In ,
says...

On Sat, 19 Feb 2011 08:11:53 -0800,
wrote:

Unemployment benefits are one of the
MOST stimulative things around.

I don't think there's any evidence for that. A lot of smart people
would argue that new infrastructure projects, as long as they're
really needed, not only create jobs but also leave behind something of
long term value. More importantly they increase the velocity of money
flow which is a basic economic principle.


Look I have money in my left hand. Close your eyes. No open your eyes.
No the money is in my right hand. It is the same money it has just been
moved from one hand to the other. There has been no wealth creation.
There is no new money. There is no increase in the amount of money. It
is all just slight of hand.


No idiot... most if not all of the money from an unemployed person who
receives benefits is SPENT IMMEDIATELY. That is stimulative. Giving
rich people a few $1000 does next to nothing. They put it in savings
and maybe a little of it ends up as stim.


Real stimulation would not cost much at all. Get government downsized
and off of peoples backs, especially the producers of wealth, people who
make real stuff and grow society need more, parasites, lawyers,
politicians and government freeloaders need less.

But today, government is supporting parasites on a credit card.
--
Socialism is a great ideal as long as someone else pays for it. And when
no one is left to pay for it, they all can share nothing.
  #54   Report Post  
posted to rec.boats
external usenet poster
 
First recorded activity by BoatBanter: Oct 2009
Posts: 6,596
Default Where's the stimulus?

On 17/02/2011 6:28 PM, bpuharic wrote:
On Thu, 17 Feb 2011 10:35:40 -0800 (PST), Frogwatch
wrote:

Very few Americans have seen any of that trillion dollars in stimulus
money cuz most went to Obama cronies. I have been talking to two very
large european companies this week who say the got a large amount of
stimulus money. I just though people would like to know who got it.


more paranoia. the amount of money obama put into the economy was the
same amount local govts cut. the balance is zero


Last I check Obama was on the brink of $14.5 trillion of debt, 5 of
which has been added since he was elected. And better get more in March
or he be broke (again). Man has no concept of money, just how to ****
it away.

Yep, Obama, the largest debt-spender the world has ever seen.
--
Socialism is a great ideal as long as someone else pays for it. And when
no one is left to pay for it, they all can share nothing.
  #55   Report Post  
posted to rec.boats
external usenet poster
 
First recorded activity by BoatBanter: Oct 2010
Posts: 4,021
Default Where's the stimulus?

On Sun, 20 Feb 2011 17:21:41 -0700, Canuck57
wrote:

On 19/02/2011 9:12 PM, wrote:
On Sat, 19 Feb 2011 14:20:50 -0500, wrote:

In ,
says...

On Sat, 19 Feb 2011 08:11:53 -0800,
wrote:

Unemployment benefits are one of the
MOST stimulative things around.

I don't think there's any evidence for that. A lot of smart people
would argue that new infrastructure projects, as long as they're
really needed, not only create jobs but also leave behind something of
long term value. More importantly they increase the velocity of money
flow which is a basic economic principle.

Look I have money in my left hand. Close your eyes. No open your eyes.
No the money is in my right hand. It is the same money it has just been
moved from one hand to the other. There has been no wealth creation.
There is no new money. There is no increase in the amount of money. It
is all just slight of hand.


No idiot... most if not all of the money from an unemployed person who
receives benefits is SPENT IMMEDIATELY. That is stimulative. Giving
rich people a few $1000 does next to nothing. They put it in savings
and maybe a little of it ends up as stim.


Real stimulation would not cost much at all. Get government downsized
and off of peoples backs, especially the producers of wealth, people who
make real stuff and grow society need more, parasites, lawyers,
politicians and government freeloaders need less.

But today, government is supporting parasites on a credit card.


It's truly shocking how small-minded and how much of a simpleton you
are. You don't have a clue about how economics work, and you foam at
the mouth when someone wants to help those who are worse off. You're
really a despicable person. Please don't even try to enter this great
country. We don't need people like you here.


  #56   Report Post  
posted to rec.boats
external usenet poster
 
First recorded activity by BoatBanter: Oct 2010
Posts: 4,021
Default Where's the stimulus?

On Sun, 20 Feb 2011 17:19:05 -0700, Canuck57
wrote:

On 19/02/2011 12:20 PM, BAR wrote:
In ,
says...

On Sat, 19 Feb 2011 08:11:53 -0800,
wrote:

Unemployment benefits are one of the
MOST stimulative things around.

I don't think there's any evidence for that. A lot of smart people
would argue that new infrastructure projects, as long as they're
really needed, not only create jobs but also leave behind something of
long term value. More importantly they increase the velocity of money
flow which is a basic economic principle.


Look I have money in my left hand. Close your eyes. No open your eyes.
No the money is in my right hand. It is the same money it has just been
moved from one hand to the other. There has been no wealth creation.
There is no new money. There is no increase in the amount of money. It
is all just slight of hand.


Correct. Government can only confiscate it and inefficiently
redistribute it. 100% of government si consumption based. What makes
real money is like a cotton grower. Makes cotton where no cotton
previously existed before. That is a wealth producing job.

Trouble is too many consumers and not enough producers. We pay far too
many to be government and bankers, not enough pay for producers like
growers, miners, etc. Same problem when Rome fell, too many academics,
politicians and parasites on the governments behind. Not enough
producers to support the size of the system.


Incorrect. You don't know how an economy functions. You're an idiot,
and you're worse, you're an uneducated idiot.
  #57   Report Post  
posted to rec.boats
external usenet poster
 
First recorded activity by BoatBanter: Oct 2010
Posts: 4,021
Default Where's the stimulus?

On Sun, 20 Feb 2011 17:30:47 -0700, Canuck57
wrote:

On 17/02/2011 6:28 PM, bpuharic wrote:
On Thu, 17 Feb 2011 10:35:40 -0800 (PST), Frogwatch
wrote:

Very few Americans have seen any of that trillion dollars in stimulus
money cuz most went to Obama cronies. I have been talking to two very
large european companies this week who say the got a large amount of
stimulus money. I just though people would like to know who got it.


more paranoia. the amount of money obama put into the economy was the
same amount local govts cut. the balance is zero


Last I check Obama was on the brink of $14.5 trillion of debt, 5 of
which has been added since he was elected. And better get more in March
or he be broke (again). Man has no concept of money, just how to ****
it away.

Yep, Obama, the largest debt-spender the world has ever seen.


Last you checked there might be another beer in your fridge. That's
about the extent of your ability to think about being on the brink of
anything.
  #59   Report Post  
posted to rec.boats
external usenet poster
 
First recorded activity by BoatBanter: Dec 2009
Posts: 4,106
Default Where's the stimulus?

On Sun, 20 Feb 2011 17:30:47 -0700, Canuck57
wrote:

On 17/02/2011 6:28 PM, bpuharic wrote:
On Thu, 17 Feb 2011 10:35:40 -0800 (PST), Frogwatch
wrote:

Very few Americans have seen any of that trillion dollars in stimulus
money cuz most went to Obama cronies. I have been talking to two very
large european companies this week who say the got a large amount of
stimulus money. I just though people would like to know who got it.


more paranoia. the amount of money obama put into the economy was the
same amount local govts cut. the balance is zero


Last I check Obama was on the brink of $14.5 trillion of debt, 5 of
which has been added since he was elected. And better get more in March
or he be broke (again). Man has no concept of money, just how to ****
it away.


gee. and how much have local govts cut?

you just dont follow the news. you have glen beck and he gives you
the party line


Yep, Obama, the largest debt-spender the world has ever seen.


except for george bush

but, then, bush was white...

  #60   Report Post  
posted to rec.boats
external usenet poster
 
First recorded activity by BoatBanter: Oct 2009
Posts: 6,596
Default Where's the stimulus?

On 20/02/2011 7:05 PM, bpuharic wrote:
On Sun, 20 Feb 2011 17:30:47 -0700,
wrote:

On 17/02/2011 6:28 PM, bpuharic wrote:
On Thu, 17 Feb 2011 10:35:40 -0800 (PST), Frogwatch
wrote:

Very few Americans have seen any of that trillion dollars in stimulus
money cuz most went to Obama cronies. I have been talking to two very
large european companies this week who say the got a large amount of
stimulus money. I just though people would like to know who got it.

more paranoia. the amount of money obama put into the economy was the
same amount local govts cut. the balance is zero


Last I check Obama was on the brink of $14.5 trillion of debt, 5 of
which has been added since he was elected. And better get more in March
or he be broke (again). Man has no concept of money, just how to ****
it away.


gee. and how much have local govts cut?


Haven't a clue, just know some are out of money. Bond holders don't
want to renew at 0.25% interest and want their money but the civics are
broke. But since I stopped investing in debt related stuff back in
2004-06 I don't care. At 0.25% interest, I don't partake and don't loan
money.

Now if you have unchatteled capital and willing to pay triple inflation,
I am interested.

No one is interested in loaning delinquent debtors be they individuals
or any level of government. So my debt burn was unmeasurable.

you just dont follow the news. you have glen beck and he gives you
the party line


Can't get Glen Beck up here, I guess I could do the Internet though.

Yep, Obama, the largest debt-spender the world has ever seen.


except for george bush

but, then, bush was white...


Actually, Obama outspent Bush's 8 years of combined deficit some time ago.

But Obama is in a debt spiral, and the longer your in that mode, the
worse it will get. No one ever had financial success with trying to
debt-spend their way out of a debt problem. GM tried and wiped out over
$200 billion... Greece, Ireland....I hear Portugal and Spain are now on
the Euro list for the next hit.

J CU PIIIGGGS in Debt.
--
Socialism is a great ideal as long as someone else pays for it. And when
no one is left to pay for it, they all can share nothing.
Reply
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules

Smilies are On
[IMG] code is Off
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
A stimulus success story... Tom Francis - SWSports General 57 November 18th 09 04:38 AM
Dude, where’s my stimulus? Tom Francis - SWSports General 24 May 12th 09 07:27 AM
Stimulus package for dummies Cliff General 0 February 12th 09 10:30 AM
A TRUE economic stimulus Frogwatch[_2_] General 25 January 21st 09 03:01 AM
Economic stimulus jim General 2 October 25th 08 03:16 AM


All times are GMT +1. The time now is 11:49 PM.

Powered by vBulletin® Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
Copyright ©2004-2025 BoatBanter.com.
The comments are property of their posters.
 

About Us

"It's about Boats"

 

Copyright © 2017