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5 days ago.
by rshill7
rshill7
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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

Freeman

If the reverse were true, you would expect that not only our economy would be thriving but the global economy would as well.

Not the case. We have spent more in deficits alone, in the past 5 years than the cumulative budgets of Reagan, Bush Sr. and Clinton and we still have an economy that will not start.

I, personally, feel that the spending argument is over. It's now time to do everything in our power, (govermental), to spur private sector organic growth.

Posted 588 days ago.

Freeman

Governments will always deficit spend in a HEALTHY ORGANIC economy. The difference is to what degree they deficit spend. I don't think anyone, even Keynes, would think that trillion dollar deficits are stimulative. They are just too big and will have anti-stimulative effects as evidenced by our current condition.

We now have a global economy who's "safe haven" is in U.S. Dollars. Dollars that are being devalued at an unprecedented rate and will, when the tipping point is reached, cause a global depression. ANY IDIOT CAN SEE IT!!

Posted 588 days ago.

Freeman

Let's also, jax, stop picking on Romney for things that happen in his BLIND TRUST. He is not in control of that just as President Obama is not in control of his. Let's fix the tax code. Problem solved.

As far as the consumption, you are absolutely correct...kind of. Consumption, especially in the housing market, at that time was speculative based upon conditions that the GOVERNMENT put into place, not the free market. The GSE's were buying and securitizing sub-prime mortgages at an unreasonable rate. I think you would agree with that. The growth of the housing bubble was not due to organic economic conditions but artificial conditions crated by activist government, however well intentioned.

Posted 588 days ago.

Freeman

Again normy, point to one source other than "history". Really? Back up whatever point you are trying to make.

Discussions are not composed of you just saying something is so and someone saying that it isn't.

In short, instead of calling me names, point out, specifically, where you disagree with the article and the position I advocate based upon it. If you can't do that then I'd think twice about babbling on about "history", "read up on it", and "find it yourself".

Man up and offer some facts or, at the very least, an intelligent argument that refutes the facts someone else offered.

Posted 588 days ago.

Freeman

I'm all for infrastructure spending jax, where do you find that I am not?

My problem is that there is no money for it based upon the programs that the "Great Society" created. We have made a choice and it turns out that, however well intentioned, it has backfired on the government.

So, my issues are not with doing what government is supposed to do but that the funding needed to do it has been crowded out by social safety nets' negative cash flows.

There is a balance in the governments' deficit spending to counter the private sector's lack of spending in tougher times. Surpluses do nothing but remove capital from the private economy and foster the intrinsic tendency by government to figure out a way to spend it.

Posted 588 days ago.

Freeman

See, normanlake, jaxspp read the article.

You, normy, are about as relevant to discussion as cheese is to the moon.

Posted 588 days ago.

normanlake

And now, an intelligent word from Michele Bachmann..................................

Posted 588 days ago.

normanlake

"Free"man, I have plenty of evidence to support what I say here.....wait for it....HISTORY (101).

Posted 588 days ago.

normanlake

Yes, Amos they know what to do...protect the elites as they always do. Vague rhetoric like cutting spending(while protecting their own pork, and allowing huge tax breaks to BigOil, Big Ag, etc.) They promote'smaller Government', while attacking voting rolls, and invading womens bodies thru legislation designed to narrow acceptible behavior. Promote WAR by sabre rattling while fooling us into believing in 'intelligence' that indicates WMD plans by the Muslim hordes.

Posted 588 days ago.

amos57usa

Speaking of time; science was wrong again. Earth is not 13.7 billion years old after all, it's 13.8 billion years old which would make Jesus' dad so old that even the 3.2 million year old Australopithicus Afarensis 'Lucy' wouldn't date Him much less a 2,000 year old woman named Mary. (I don't know if the capital H for Him is reserved just for jesus or includes His dad :))

Politics is clashing with reality in the information age and the "stupid party" doesn't know what to do now so they are in the circular firing squad position again. Life is good:)

Posted 588 days ago.

amos57usa

As a "severe conservative" I paid cash for my last two homes and and most if not all of my cars and trucks. As a liberal I don't care if the gays get married and I don't need no stinkin 30 round clip. Three rounds for shooting ducks but 30 rounds for shooting first graders is empirical evidence that something is amiss.

Time (timing) is a varible that people like to leave out of their equations to support their position. With inflation exceeding intrest rates It's TIME I become less severly conservative.

Posted 588 days ago.

Free, you are being childish about infrastructure, Since you are in a research mood, look up the return on investment when the government spends $1 on a road. Besides which, the savings to Americans on not having tires, shocks, etc wear out because of crappy roads. It's the big picture, something conservatives never, ever get.

Posted 588 days ago.

Read the article, obviously running huge deficits is much better than Clinton's surpluses. He doesn't define household debt, the weird thing is when people buy houses and cars their debt does go up. It's called consumer confidence. But we can continue to give tax cuts to the likes of Mitt Romney, who then sends the money overseas. That's working just fine. The tax code used to be structured so the wealthy would lower their taxes by investing in America, now they no longer need to, we've handed them an already low rate.

Posted 588 days ago.

normanlake

Sticks and stones there third grader (rshRill)...You will need a more adult way of expressing your vehement venality. NOthing you say here will make one difference in my life, and your continuing ignorance is WELL documented. I have said it before, you need to grow up, become an adult.

Posted 589 days ago.

rshill7

And when I talk about stratospheric stupid, I mean terminal stupid, malignant, intractable stupid. Stupid that won't rub off, wash off, or scale off. Stupid that lives in an impenetrable, impregnable, castle of duncedom.

I'm talking Normstupid.

Posted 589 days ago.

normanlake

Does WAR factor into your narrow view of economic disaster?

Posted 589 days ago.

normanlake

Which WAR has been worse for America? Which WAR cost most American lives? Which WAR was initiated by the Bush/Cheney/Rumsfeld gang? Of course, both, and both.

Posted 589 days ago.

normanlake

Dense understanding on the part of "free"man...the economy of the last 30 years, which you purport to understand have been disastrous for the middle class! If YOU do not understand, and I tell you where to find information, the onus is on YOU. Responding to YOUR narrow view on the issue is like answering the leading question "have you stopped beating your wife?"

Posted 589 days ago.

Freeman

The economic crash of 2007/8 has root causes in both houses, right and left.

Sound money at the federal level, the ease of credit requirements in the private sector and the foolish risks of the financial sector caused the problems we face now.

Our friend did not read the article I cited, he just saw a "dis" on Clinton in the title and left it at that. Some people don't want to understand, they just want to convince or sway others to their point of view. I make statements to "germinate" conversation and discussion. Normy just whips out retread talking points and thinks he's the new Ed Schulz.

Posted 589 days ago.

Freeman

normy just cannot support his positions. There, simply, is no scenario in which the U.S. comes out of this debt debacle without mucho pain. Not while the federal government seems to be, almost intentionally, trying to hamper a grass roots recovery.

Posted 589 days ago.
 
 
 
 

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