Uh oh, borrowing your way out of debt is a no no to talk about right now with this administration. No more relevant is the saying: "truth hurts".
We are past blaming "the past 8 years" now, or "the problems I inherited". Bush didnt spend the money Obama has so its time to get over the past and focus on the now.
I'm sure the Obama Jedis will refute this.
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Uh oh, borrowing your way out of debt is a no no to talk about right now with this administration. No more relevant is the saying: "truth hurts".
We are past blaming "the past 8 years" now, or "the problems I inherited". Bush didnt spend the money Obama has so its time to get over the past and focus on the now.
I'm sure the Obama Jedis will refute this.
Well if you GOP slugs would quit posting non-sense, people would not have to continually prove your posts for what they are.....non-sense.
Moo
-------------------- It is impossible to make anything foolproof because fools are so ingenious.
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posted
Obama has the best free ride by media any president could want. It is a presidents dream to be such a mainstream media poster child. The problem is that it leaves the public misinformed about all the mistakes made.
-------------------- It isn't so much that liberals are ignorant. It's just that they know so many things that aren't so.
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posted
Glass there are plenty of solutions in the article.
This is one of the best yet.....
The largest banks in the United States have balance sheets populated by trillions in toxic worthless assets. The lifeblood of any bank is deposits. If a bank is denied its deposits, it will collapse. There are 8,000 other banks and 8,000 credit unions in the country. Thousands of these institutions never made a bad loan. If you have money on deposit with one of these mega-banks withdraw the money and deposit it into a small local bank or credit union. You will have the same FDIC insurance and won’t sacrifice any income, since these mega-banks are paying less than 0.5% on your deposits, while charging you 8% for car loans and 20% on credit card balances.
These banks continue to write-off billions in bad credit card and mortgage debt, quarter after quarter. These banks make billions in late fees and interest income by charging 20% to people who pay their debts over time. If the good credits take their business elsewhere, the mega-banks will be left with only bad credits. Most people have 5 to 10 credit cards. Stop using your mega-bank credit card and use a credit card issued by a local bank or credit union. With mortgage rates near generational lows many people have an opportunity to refinance. If this opportunity arises, choose a local bank or credit union. If you decide to buy a car, don’t buy a General Motors or Chrysler vehicle. The government controls these entities. Don’t finance your car through GMAC. By denying the government beast its revenue stream, it will slowly die.
The average individual tax refund for 2008 was $2,700. This was effectively a $200 billion interest free loan to the U.S. government. If every working American walked into their place of employment on Monday morning and increased their W-4 exemptions by 2, we would deny the politicians in Washington of billions for a year. This is a legal way of starving the beast. The corrupt political machinery in Washington DC is dependent upon Americans to spend money. Our spending accounts for 70% of the U.S. economy. Surprisingly, American citizens have more control over the situation than we know. The mega-banks and our government are rotting from the inside like a diseased Oak tree. A gale force wind provided by the prudent Americans can topple the diseased tree.
“If you would convince a man that he does wrong, do right. Men will believe what they see.”
Henry David Thoreau
The current fiscal course of the country is unsustainable. We can choose to let the country drift toward a corporate fascist run government which will collapse under the weight of debt, corruption and mismanagement or we can make a stand today with our own money. If enough Americans choose to put the horribly run mega-banks out of business it can be done. There would be absolutely nothing that Obama or Bernanke could do to stop it from happening. It is time to do the right thing. Do you know what’s worth fighting for?
“All endeavor calls for the ability to tramp the last mile, shape the last plan, endure the last hours toil. The fight to the finish spirit is the one... characteristic we must posses if we are to face the future as finishers.”
posted
Bush got what he wanted, when he wanted it.
many high placed members of the media admit now that they also failed to ask the right questions then.
the Senate Intel report and the subsequent white house report in intelligence were already available in the summer of '04, yet nobody covered it cash.
the fact is? Bush was granted a free ride right thru the '04 election cycle EVEN by the Democrats. anybody could have made a huge stink about the lack of intelligence about WMD and the evidence that there was no WMD. the Democrats didn't even do it. doesn't that make you wonder?
70% of the public still beleived that Sadam was involved in 9-11 and had hidden his WMD in rigth up to th election in Oct of '04 and it was known and published by the US military and the US govt that neither were true.
the media never bothered to cover the facts then because they favored Bush.
a small few of us read the reports and continuously posted references to them despite being called every name in the book.
is Obama being given a "free ride"? of course. he just won an election. will he continue to get a free ride? prolly. why? i don't know the answer to that. it appears to me to be the whims of the owners of the media outlets.
GE and Obama in bed? of course they are. if McPain had won? they'sa'still be in dabeds together. fox news was in bed with Bush. i'd rather have GE (NBC) in bed with any president than the freaks at fox news. it's not a news channel it's circus sideshow. there are no journalists working there, it's just spinmasters.
we are where we are because of Bush. in three four years? we'll be where Obama takes US. then he'll have earned the blame.
i voted for Bush the first time in '00, but re-electing him in favor of PeeWee Herman would have been a crime IMO.
-------------------- Don't envy the happiness of those who live in a fool's paradise.
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quote:Originally posted by Lockman: Who are the journalists at NBC?
what's that got to with anything?
it's not Olberman or that chick if that's what you are getting at.
those two have been hired because of the "popularity" of the shock-jock type reporting at fox. the people at MSNBC watched fox to see what sells and are copying the style in a "liberal" fromat.
i don't watch any of 'em cuz the more you do the more they'll put on the air.
all this beaching about which "news" station is better or more liberal is just something fox dreamed up to divert people from the fact that they are just a bunch of liars.
yeah. liars. when Bush needed a new mouthpeice? where'd he go? Tony Snow from Fox? LOL.
and Rove? when he left the Bush admin? where'd he go to pluck the low-hanging fruit? fox.
it hink th eonly case like that in the past is Stephanopolous from Clinton who went to ABC for a sunday morning show.
why do i bother going on about fox and friends? cuz they are a major part of the RUINATION and ISOLATION of the GOP.
-------------------- Don't envy the happiness of those who live in a fool's paradise.
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posted
I just think making a blanket statement indicating that it's just FOX reporters that are bias is misrepresenting the discussion. Reporters on ABC NBC and CBS are definately in the tank for Obama.
You can keep bringing up what happened with Bush but I thought you voted for CHANGE. Making your argument seem as though it's ok for liberal journalists to be bias because you feel FOX reporters where in the tank for Bush diminishes your argument.
-------------------- Let's Go METS!!!
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" In the weeks just before President Obama took office, his economic advisers made a mistake. They got a little carried away with hope.
To make the case for a big stimulus package, they released their economic forecast for the next few years. Without the stimulus, they saw the unemployment rate — then 7.2 percent — rising above 8 percent in 2009 and peaking at 9 percent next year. With the stimulus, the advisers said, unemployment would probably peak at 8 percent late this year.
We now know that this forecast was terribly optimistic. The jobless rate has already reached 9.4 percent. On Thursday, the Labor Department will announce the latest number, for June, and forecasters are expecting it to rise further. In concrete terms, the difference between the situation that the Obama advisers predicted and the one that has come to pass is about 2.5 million jobs. It’s as if every worker in the city of Los Angeles received an unexpected layoff notice."
-------------------- It isn't so much that liberals are ignorant. It's just that they know so many things that aren't so.
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posted
so Cash, tell me, does that article support my assertion that the econnnomy did in fact collapse to a much higher degree than most people were either led to beleive or believed?
becuase there is no known universe where you can blame a President 6 months into his presidency for the situation we are in.
the article does seem critical in tone of Obama too. i thought Obama gets a free pass from the media?
same article?
It’s not fair to expect Mr. Obama’s economists to be clairvoyant. But they did make one avoidable mistake that led directly to their overoptimism. They relied on the same forecasting models that had completely failed to see the crisis coming
like noticing that people couldn't afford to buy gas and groceries both so they were choosing.
or noticing that short-selling was banned because we all know that "in theory" short selling is a good thing, but in actual practice it's just a counterfeiting scheme.
it's bad, it could be worse, it may even get worse if they allow oil to stay above 70$ i think they got the message this week when the consumer confidence index came out.
you can only squeeze the golden goose so much before it just dies
-------------------- Don't envy the happiness of those who live in a fool's paradise.
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posted
I for one am sick and tired of these politicians signing into law a bunch of costly tax burdens on the public and not even reading the legislation they are signing. It's OUR money!!
-------------------- It isn't so much that liberals are ignorant. It's just that they know so many things that aren't so.
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quote:Originally posted by CashCowMoo: I for one am sick and tired of these politicians signing into law a bunch of costly tax burdens on the public and not even reading the legislation they are signing. It's OUR money!!
Yes, our money that is going back into the economy and round and round it goes... it's a cycle... you make it sound like it's being taken and disappearing...
-------------------- Let the world change you... And you can change the world.
quote:Originally posted by CashCowMoo: I for one am sick and tired of these politicians signing into law a bunch of costly tax burdens on the public and not even reading the legislation they are signing. It's OUR money!!
Yes, our money that is going back into the economy and round and round it goes... it's a cycle... you make it sound like it's being taken and disappearing...
So if you were an elected congressman you would sign bills you never read? You would just do what everyone else does?
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posted
Congressmen read bills? Most if not all politicians vote along party lines since the founding of this country Mooman... fact of life... both parties do it... you didn't say anything when the GOP controlled Congress and voted on ridiculous bills so why are you now? stop mooing...
If there was no stimulus aid what you see now would be a WHOLE lot worst...
-------------------- Let the world change you... And you can change the world.
quote:Originally posted by Machiavelli: Congressmen read bills? Most if not all politicians vote along party lines since the founding of this country Mooman... fact of life... both parties do it... you didn't say anything when the GOP controlled Congress and voted on ridiculous bills so why are you now? stop mooing...
If there was no stimulus aid what you see now would be a WHOLE lot worst...
I was asking what YOU would do Mach, and its apparent you would just follow the crown.
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posted
I would read a shortened down version of the Bill that is straight to the point before i made my decision... but in the case of the stimulus and such I would vote for it because i BELIEVE that without it the country would of been in worst shape then the Great Depression and that is just common sense...
-------------------- Let the world change you... And you can change the world.
quote:Originally posted by Machiavelli: I would read a shortened down version of the Bill that is straight to the point before i made my decision... but in the case of the stimulus and such I would vote for it because i BELIEVE that without it the country would of been in worst shape then the Great Depression and that is just common sense...
Mach, I really dont think you know at all if the stimulus would have saved anything. I think you are just playing party lines.
I mean seriously, they gave just 1 weekend to read through what, 1091 pages of the stimulus?
It was wrong because it was strong armed through, it was forced down our throats. The government telling us what is good for us with money we dont have. Do you know what the stimulus really was and why it was hurried so quickly right after Obama was elected?
The stimulus was pay back to the contributors to the Democratic campaigns. Plain and simple...thats politics.
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quote:Originally posted by CashCowMoo: Mach, I really dont think you know at all if the stimulus would have saved anything. I think you are just playing party lines.
About as much as you know that it won't save anything. Everyone is speculating perhaps but not doing anything would be the worst course to take and like it or not letting Big Corporations in Big industry that affects everyone to fail is not a option. I am all for bankruptcy but not in times like this.
And no I am not playing party lines. I believe what I believe. Just that my beliefs happen to be the same as the Dems. They didn't influence my beliefs, they only reinforce them.
quote:I mean seriously, they gave just 1 weekend to read through what, 1091 pages of the stimulus?
Yah, I didnt' agree with that. I think they should of allowed a week or so at the minimum and a month maximum perhaps. But then again most politicians are lawyers to begin with and are used to reading such big books in a very short time.
quote:It was wrong because it was strong armed through, it was forced down our throats. The government telling us what is good for us with money we dont have. Do you know what the stimulus really was and why it was hurried so quickly right after Obama was elected?
Nothing was forced down our throats except the reality of what situation the U.S. and it's economy was in. The stimulus did not begin with Obama but with Bush with bailing out AIG etc. As for money, we'll let's just say since the Gold standard disappeared this country has never truely had any "money". Our so called money is backed up with nothing but faith. Our money is an illusion and/or phantom. So "more money" we don't have doesn't mean a thing really. It's a state of mind you are in Mooman that it is "more money we don't have" since it really doesn't exist to begin with.
quote:The stimulus was pay back to the contributors to the Democratic campaigns. Plain and simple...thats politics.
You do realize that whatever you say bad about the Dems can be said the same about the GOP in the past, present and no doubt future. All institutions whether business, government, religion etc. are about paying back the people who got you where you are. That is not politics. That is human nature. If you do not pay back those people in some way the next time you will have a rough time getting what you want done to be done or get elected etc. I wonder my Cow friend what you would do when you ask a favor from a "contributor" and then when their favor helps you what do you do? Ignore paying back that favor to your "friend"? A man is only good as his word. If not don't ever expect to get help from anyone you do not pay your favor back to. I don't like it as much as you but that is life and nothing can or will change that. And if you say you wouldn't do the same as these politicians (all of them, left and right) you are nothing but a Liar.
I do not like the Pork that was injected into the package and I think Obama should of stepped to the plate and cut the pork to a minimum or completely out. But whats done is done and what we should now do is concentrate on the present and future not the past. All you do is bash the Dems when at least they are trying to do something about this mess while the GOP sat on their asses for years. Why don't you attack the GOP?
-------------------- Let the world change you... And you can change the world.
posted
Because the GOP isnt in charge telling me whats best for me right now.
The dems have no excuses now. They have control over everything. The amount of money they are burning through, the agenda they are setting, the limited government that are crushing, just wait..
The dems are their own worst enemy. That will be shown in 2010. It also like to point out the childish behavior when it comes to the attacks on Sarah Palin. Like her or not, you have to admit that the attacks and smears on her are highly immature and unprofessional.
Of course the Republicans let it slide through their fingers under Bush. That was then. This is now, and your favorite party is running the show.
-------------------- It isn't so much that liberals are ignorant. It's just that they know so many things that aren't so.
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quote:Originally posted by CashCowMoo: Because the GOP isnt in charge telling me whats best for me right now.
The dems have no excuses now. They have control over everything. The amount of money they are burning through, the agenda they are setting, the limited government that are crushing, just wait..
The dems are their own worst enemy. That will be shown in 2010. It also like to point out the childish behavior when it comes to the attacks on Sarah Palin. Like her or not, you have to admit that the attacks and smears on her are highly immature and unprofessional.
Of course the Republicans let it slide through their fingers under Bush. That was then. This is now, and your favorite party is running the show.
What's really ironic is that you are ready to condemn the Dems, who have had 6 months to attempt to rectify a situation that took years to develop. You say that was then and this is now yet without a then there wouldn't be a now. There is plenty of blame to go around. Once the Dems have had enough of a chance(time)for us to see if their plan of action works or not then it will be time for them to answer as well. You seem to forget that the Republicans have had control the majority of the past 28 yrs. 20 out of 28 to be exact as President and they also had times when they had the majority in congress as well.
When putting together a business plan for a small business one of the things that you do is realize that it will take 18 months to 2 yrs for it to come to fruition. National Government isn't a small business and this problem is world wide not just here in the US.
As to Palin. come on Hillary has gone through worse for longer than she has. And yes there were attacks on Chelsea, as well. I don't like it. I hate smear politics but that is where we are. Heck you didn't mind when Obama was being raked over the coals during the campaign. Palin is nothing, when the times get tough she walks away. She isn't resigning because of family or any other BS. She's leaving because **** is hitting the fan in Alaska just like everywhere else. She was lucky, she became Governor during the good times and with Oil at it's height so there wasn't any budget problems for her. It was so easy she was able to take that Oil money and give a bunch to the Alaskan residents. The same money isn't there anymore and her Honeymoon from the first 18 months in office came to a crashing halt with her becoming the attack dog VP candidate. She even called herself(a Hockey mom) a Pit Bull with Lip Stick.
As for: "I mean seriously, they gave just 1 weekend to read through what, 1091 pages of the stimulus?"
That is one of the reasons that Senators and Representatives have staffs. They have people that are reading all the details and briefing them on everything. Do you really think that the Governor of any State reads every single word of every bill that comes before them? It just doesn't happen. Just as CEO's delegate different parts of a project to different people, whose job it is to provide the information necessary to make informed decisions. I'm sure on some bills an individual President,Governor, Senator etc, will take the time to read a whole bill but IMO, that is the exception and not the rule.
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Quote: wallymac What's really ironic is that you are ready to condemn the Dems, who have had 6 months to attempt to rectify a situation that took years to develop.
Wally I think you'll find that the Dem's had control over congress the last two years of the Bush administration. So your 6 months to rectify the situation is off by a couple of years.
-------------------- Let's Go METS!!!
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quote:Originally posted by Lockman: Wally I think you'll find that the Dem's had control over congress the last two years of the Bush administration. So your 6 months to rectify the situation is off by a couple of years.
The Dems didn't have a filibuster proof Senate til now so they waited patiently for the Presidential election to come so Obama (or whomever would be the Dem candidate) was elected President which was inevitable due to Bush damaging the GOP with his policies. So now the Dems can get things done without much interference from the GOP. Was the same thing the GOP did when they were in control. To fault one and not the other for using their power when they are in power is kind of biased.
Btw who is the one who signs bills into law? Yah the Prez and who was the Prez before Obama for 8 years? Ya, Bush.
-------------------- Let the world change you... And you can change the world.
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Most if not all politicians vote along party lines since the founding of this country Mooman... fact of life... both parties do it... you didn't say anything when the GOP controlled Congress and voted on ridiculous bills so why are you now? stop mooing... 
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