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2 days ago.
by amos57usa
rshill7
#1

Letters To Ed :-)

"We've been duped by the Republicans. Kentucky Sen. and minority leader Mitch McConnell in a news conference one day after the election, stated that the single and sole goal of the GOP over the next two years is: to make Barack Obama a single term president. What an arrogant and obnoxious goal and statement. There agenda before the election was to get votes by promising that there first goals were jobs, the economy and health care reform. It seems their goal is to grab power, not to do things for the people that are in need of jobs and or unemployment pay, health care for those that don't have it, and the people losing their homes. This is the same party that wanted the auto plants and their suppliers to go out of business. We are just coming back from what they did to this country, and now we have them back to do the same things to our country again. What a mess the next two years is going to bring to this country. Talk about partisanship." Carl D. Leow Rogers Cit

 
 

Member Comments

surefoot

Other plans targeted social organizations and advocacy groups. Separate from the plan to target Greenwald and WikiLeaks, HBGary was part of a consortia that submitted a proposal to develop a “persona management” system for the United States Air Force, that would allow one user to control multiple online identities for commenting in social media spaces, thus giving the appearance of grassroots support or opposition to certain policies.

Read more: The Strange Case of Barrett Brown | The Nation

Posted 538 days ago.

rshill7

Of the "plenty" you mentioned, I only need one. Just point to one.

By the way, are they also in other versions/editions of the Bible (?)...all of which are translations from the Original Greek?

Aaahahahaha.

Posted 538 days ago.

rshill7

I'm going to need you to point them out Normuchadoaboutnothing. Point away.

Posted 538 days ago.

normanlake

You must have no ankles left by now, shrill, to go along with lack of brain matter. Hope you have a shirty weekend, and I mean that sincerely.

Posted 539 days ago.

normanlake

Just read your revised edition of King James, it is all there. Hit your crack pipe a couple times first, then it will all come to you.

Posted 539 days ago.

rshill7

Normy's going to hide from his lying assertions from yesterday. But someone read his post below. Is this guy the quintessential anti-economist or what? I truly believe there is nothing in this entire universe he can think through.

He might have spread 2 months worth of bong resin on his last peanut butter sandwich thinking it was apple butter or molasses.

Stoners write and say idiotic things while stoned. Their brains no longer function properly. Burnt right out like an Easy Bake Oven in total melt-down mode.

C-ya. I'm leaving now Normy, you can come our of hiding now and chew on me ankles a bit more. Have a dumb weekend.

Posted 539 days ago.

rshill7

I'm ready for your "plenty" of nontraditional marriages now Normanticide. Name one.

People at the top run companies that make products. People buy those products. I buy those products too. I also sell lots of products to other people and other businesses, at a profit. Those times where all I do is "move money around" is 4 times per year when I move huge chunks of it from my account to the IRS's account. Ok loser?

You don't jack sh*t about how business works and makes Americans lives better with jobs, income, products, etc.

Now back up your previous idiotic statement about non-traditional marriages in the Bible. I've been waiting more than a day to rip your stupid head off.

Posted 539 days ago.

normanlake

Raise the minimum wage to $15.00 per hour! The economy would skyrocket. Working people, even fast food workers could afford to purchase automobiles, and feed their families, get off assistance. Imagine the goods and services they could stimulate the economy with by purchasing power. Of course, the Corporateocracy would not allow the middle class to 'gain' independence. The middle class IS the economy, not the people at the TOP who 'earn' millions by simply moving money around.

Posted 539 days ago.

Yes, 9 years of lucky. Lucky, lucky, lucky. No thought put into it, just luck, luck, luck. And just an amazing coincidence that the map Reich laid down played out.

While you're at it, explain a time in the last 80 years where America's economy thrived without massive government spending. One of the pillars of your ECON 101 diatribe.

What are you taking a vacation from?

Posted 539 days ago.

rshill7

"Stock and commodities markets went into a two-day slide after Federal Reserve Chairman Ben Bernanke hinted that the United States would end so-called “quantitative easing” sometime during 2014." (TheNewAmerican)

"Why We Won't See the End of QE for a Very Long Time" (DAVID ZEILER in MoneyMorning))

"The Fed has articulated it wants a 2% inflation target to be sustained for a long enough period (at least a few quarters, but they haven't said for how long) to insure against deflation. We're nowhere near 2% inflation."

"In fact, the Fed's preferred measure of inflation, the Personal Consumption Expenditures (PCE) index, has been falling, not rising, since last September, when it was 1.8%. As of April, the PCE had slipped to 1.1% -- its lowest level since 1963."

Posted 539 days ago.

rshill7

He announced that he is considering easing up as the economy recovers.

Posted 539 days ago.

Freeman

Starting VACATION!!

Have a great 4th!

Posted 539 days ago.

Freeman

I thought Fed Chair announced the end of QE, am I wrong?

Posted 539 days ago.

rshill7

"The fed finally wised up and stopped printing money." (Freeman)

No, they did not.

Posted 539 days ago.

Freeman

Long story short - You can do a lot of things when the economy is growing ORGANICALLY that you can't do when the economy is plodding along at 1.5% to 2% growth.

Proportionality.

Posted 539 days ago.

Freeman

The seeds of the 2007/8 crash were planted and "government intervention" created the housing bubble.

Posted 539 days ago.

Freeman

To address your direct point "ECON 101", proportionality has to be considered.

Government as a percentage of GDP fell due to the robustness of the boom. Not because it did not try to grow. Revenues increased due to economic activity, not due to tax increases.

That period is remarkable in that the tech and financial booms were so large and so profound that their momentum was almost impossible to stop.

Much like the U.S. economy post WW2, kind of the last player in the game. Nobody could compete with U.S. tech and financials.

Don't forget that this is when the GSE's were empowered, and encouraged, to start creating sub-prime mortgages,, but that's a whole different story.

Posted 539 days ago.

Freeman

So, yes, Clinton was lucky. Recovery had started at the end of Bush Sr. last term and momentum built as the tech industry and the financial sector exploded. That started before Clinton had a chance to warm the seat in the Oval Office.

Get your facts straight jaxspp before you start yelling at me.

Posted 539 days ago.

Freeman

The numbers don't add up. His tax increases were spent on many things, not all infrastructure.

Certainly not fast enough to create the tech boom.

You can't ignore the private sector's role in creating that surplus, to do so belies a fundamental misunderstanding of economics.

ECON 101

Posted 539 days ago.

Freeman

Wow, really?

Look at the revenue generated by the tech boom.

Compare it to the revenue generated by the tax increases.

In short, Clinton managed to spend $3 + trillion more than Reagan and still generate a budget surplus. Clinton spent far more than the savings from cutting Reagan’s defense spending. How was that possible?

Posted 539 days ago.
 
 
 
 

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