U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > California
 [Register]
Please register to participate in our discussions with 1.5 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Jump to a detailed profile or search
site with Google Custom Search

Search Forums  (Advanced)
Business Search - 14 Million verified businesses
Search for:  near: 
Reply Start New Thread
 
Old 08-16-2011, 06:39 AM
 
4,354 posts, read 2,441,950 times
Reputation: 1409

Advertisements

Quote:
Originally Posted by mateo45 View Post
Well actually, if you back away from the FAKE NEWS a bit, you'll find there are a several other "lunatics" who agree with him (although, I know, I know... anybody you disagree with is just another lackey for the "liberal media")!

And the S&P downgrade was a direct result of all the Tea Bagger nonsense, and was only a taste of what would have happened to our credit and reputation worldwide if saner heads hadn't prevailed, and we had actually defaulted (but you knew that already, right)?!

Morgan Stanley economist recommends more Government spending
The effectiveness of quantitative easing

BTW, on a somewhat related note, the payment on one of the variable rate mortgages on my investment rentals was just cut nearly in half today! Why? Because it's tied to the anniversary of 1 year LIBOR rates (among other things), which have still remained low due to the Fed policy and cheap money... so that means extra $$$ in my pocket, thank you very much Mr. Obama!!
The S&P downgrade was due to the fact the USA has no creditable plan to deal with the rising debt and the inability to negotiate a plan. Obama originally wanted a clean debt ceiling increase without any cuts in spending and any plan to reduce the debt. This would have been a worse scenario and S&P would have downgraded even lower because the USA would be less credit worthy. The Republicans including Tea Party members wanted more of a cut in spending and more of a plan to reduce the debt. This action would have led it no downgrade if the amount cut was enough. S&P was going to be happy if Obama followed his own debt commission's proposal which had more severe cuts than was finally agreed to.

You twist the facts and follow the liberal mantra which is packed with lies and misinformation. This is known as drinking the kool-aid. You can't see reality. Think of the countries financial situation like your own finances ...
If the liberals don't wake up and turn the bus around the country will be in a deep recession for years to come.

Who started the S&P downgrade rumor?

Last edited by Don9; 08-16-2011 at 07:34 AM..
Reply With Quote Quick reply to this message

 
Old 08-16-2011, 08:55 AM
 
Location: San Luis Obispo and Santa Barbara Counties
6,390 posts, read 3,535,412 times
Reputation: 2622
Quote:
You twist the facts and follow the liberal mantra which is packed with lies and misinformation. This is known as drinking the kool-aid.
Of course, it is the liberal mantra, unlike the conservative mantra which is built on emotional belief, like a little girl. The evidence is in, conservatives are more likely to be wrong, and what they believe is more likely to be wrong.

And can we stop using the over used term, "drinking the kool aid" Use some imagination come up with something that isn't as tired and abused.
Reply With Quote Quick reply to this message
 
Old 08-16-2011, 09:32 AM
 
Location: Zurich, Switzerland
25,291 posts, read 33,026,650 times
Reputation: 10723
Another scathing indictment of Rick Perry, and the campaign has just begun.

21 Reasons Rick Perry's Texas Is a Complete Disaster | News & Politics | AlterNet

The Byline of this article is quite potent:
Quote:
Third World status – the real promise of a Rick Perry administration – shouldn't be a goal to which the United States aspires.
That is HARSH.


I would like to point out just one of the 21 reasons: 18. Texas’ per capita income growth was the eighth slowest of any state in the country between 1998 and 2008.

This directly implies that the economic boom in Texas has only benefitted the super rich-everyone else has stagnated and/or declined.
Reply With Quote Quick reply to this message
 
Old 08-16-2011, 09:41 AM
 
Location: Houston, TX
15,737 posts, read 15,883,796 times
Reputation: 14074
Isn't California on the brink of bankruptcy? And you have cheap labor from the same source that Texas does...
Reply With Quote Quick reply to this message
 
Old 08-16-2011, 09:46 AM
 
Location: Zurich, Switzerland
25,291 posts, read 33,026,650 times
Reputation: 10723
Quote:
Originally Posted by Oildog View Post
Isn't California on the brink of bankruptcy? And you have cheap labor from the same source that Texas does...
It appears Texas has even cheaper labor-that benefits no one but wealthy business owners.

I could compare Texas to China, except China's economic boom has actually benefitted their middle class whereas Texas' economic boom has NOT benefitted their middle class at all and it appears that under Rick Perry, life for poor Texansis even worse than it was before.
Reply With Quote Quick reply to this message
 
Old 08-16-2011, 09:47 AM
 
Location: Zurich, Switzerland
25,291 posts, read 33,026,650 times
Reputation: 10723
And my issue is not with Texas, but its cocky, arrogant Governor.
Reply With Quote Quick reply to this message
 
Old 08-16-2011, 10:06 AM
 
Location: On the "Left Coast", somewhere in "the Land of Fruits & Nuts"
7,328 posts, read 4,110,924 times
Reputation: 4348
Quote:
Originally Posted by 18Montclair View Post
It appears Texas has even cheaper labor-that benefits no one but wealthy business owners.

I could compare Texas to China, except China's economic boom has actually benefitted their middle class whereas Texas' economic boom has NOT benefitted their middle class at all and it appears that under Rick Perry, life for poor Texansis even worse than it was before.
Actually, by the time we're finished gutting all the unions, wages, health care, environmental protections, the social safety net, public education, taxes on the wealthy, and finally just hand over all the elections and public contracts to political cronies, then "China" is just about what we'll end up with here.

Then throw in all the gun nuts ("more guns, we need more guns!") and the religious wackos craving a theocracy (aka "Christian Dominion"), and it'll start to look more like a cross between China and Pakistan (except Texas will get there first...).
Reply With Quote Quick reply to this message
 
Old 08-16-2011, 10:13 AM
 
Location: South Whidbey Island
1,775 posts, read 1,556,070 times
Reputation: 1933
Quote:
Originally Posted by mateo45 View Post
Actually, by the time we're finished gutting all the unions, wages, health care, environmental protections, the social safety net, public education, taxes on the wealthy, and finally just hand over all the elections and public contracts to political cronies, then "China" is just about what we'll end up with here.

Then throw in all the gun nuts ("more guns, we need more guns!") and the religious wackos craving a theocracy (aka "Christian Dominion"), and it'll start to look more like a cross between China and Pakistan (but Texas will get there first...).
No, us moderates will never let that happen. You see, even though it would appear as if the extremes have hijacked both parties (or at least dominate the discussions), nobody wins an election without the support of the moderates and independents. At best someone fools us for one term and then they are out.
Reply With Quote Quick reply to this message
 
Old 08-16-2011, 10:13 AM
 
Location: In them thar hills
8,044 posts, read 10,039,382 times
Reputation: 4158
Quote:
Originally Posted by .highnlite View Post
Before you get all wound up (too late) look up the two words [spiritual progeny]
You are still wrong. I have no heritage spiritual or otherwise from the old sheet wearers. And your insinuation that I do is nothing more than a crude and crass smear. You are good at that, you probably had good teachers, back in the day.
Reply With Quote Quick reply to this message
 
Old 08-16-2011, 10:14 AM
 
Location: In them thar hills
8,044 posts, read 10,039,382 times
Reputation: 4158
So, the current socio economic Battle of California boils down to this. Will we have the Michigan Model or the Texas Model?:

Michael Barone: The Fall of the Midwest Economic Model - WSJ.com
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Options
X
Data:
Loading data...
Based on 2000-2011 data
Loading data...

123
Hide US histogram

Over $84,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > California

All times are GMT -6.

2005-2014, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25 - Top