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View Poll Results: Abrams or Kemp?
Abrams 88 61.97%
Kemp 54 38.03%
Voters: 142. You may not vote on this poll

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Old 10-17-2018, 12:32 PM
 
4,757 posts, read 3,330,621 times
Reputation: 3715

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Quote:
Originally Posted by bu2 View Post
Combined with over-regulation. The Democrats in 1998 in the Community Reinvestment Act basically told banks they had to make bad loans if they wanted to keep their franchise. So they figured out ways to do it and re-sell the mortgages. And that was coupled with W.'s laissez-faire approach for a perfect storm.

John McCain and 14 Republican Senators went to President Bush 2 years before the crash and asked him to rein things in. But 35 or so other Republican Senators and 50 or so Democrats were opposed to stopping the gravy train that everyone was making money in (for the moment).

It's really both sides that are screwing the country over. I try not to make it a republican or democrat thing because it doesn't help us to have a democracy versus a plutocracy.



But in order for them to do that, wouldn't they have had to deregulate? As for the Community Reinvestment Act, I will have to look that up. All I know is before the repeal of the Glass-Steagall Act, banks couldn't behave like it was the Wild Wild West and take on however much risk they feel.
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Old 10-17-2018, 12:35 PM
 
4,757 posts, read 3,330,621 times
Reputation: 3715
Quote:
Originally Posted by budgetwise5 View Post
The Federal deficit rose again in the last fiscal year and is projected to continue to expand, exceeding $1 trillion, in fiscal 2019 and 2020.

Furthermore, the economy is in its tenth year of expansion and this rising deficit not only creates disequilibrium conditions in the present environment but limits what might be done beyond.

The undisciplined use of debt never ends well for the debtor and the current situation with respect to the federal government's budget only adds to the uncertainty in the world.

https://m.investing.com/news/economi...4777?ampMode=1

We are sitting on a massive bubble of debt; the national deficit and national debt, student loan debt, state pension plans and consumer debt, all fueled by the growing income inequality.

Just because a candidate is republican, or democrat, for that matter, doesn’t mean that they will do anything other than the typical appeal to emotions/stirring the pot, break campaign promises and drive the stake deeper along the platform lines, trying to distract us from the fact that the parties are not that all different, and both sold out to corporations decades ago.


Divided we fall.



Exactly! You know what though, how can the people truly have control over what goes on if you have the federal reserve controlling the money supply? The people of Rome had control over their money and then when the aristocrats decided to take it out of the people's hands, that's when they fell.
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Old 10-17-2018, 12:38 PM
 
815 posts, read 701,545 times
Reputation: 1301
Quote:
Originally Posted by BELMO45 View Post
I see another mess now in Gwinnett with absentees being tossed. Odds are in Gwinnett that’s gonna hurt republicans more than anything else. Of course the media doesn’t spin it that way. They only mention the minority candidates who have no chance anyway being in the most racist county in the nation. I highly doubt Abrams has any legit shot anyhow but if she loses by less than 3% (which I do not think she will) there will be a bunch of hoopla for a few weeks.
I think it will hurt Dems more because the ballots they are tossing are much more likely to be from minority voters. Abrams made a huge push on the absentee ballot front with her base, resulting in twice the number of paper absentee ballots being cast.

Quote:
Originally Posted by BELMO45 View Post
I still expect no major changes from what is anticipated. Republicans gain a couple in senate and democrats win house. The only concern I have is that it may not be by as much as initially expected. You have to think that the house margin will be hurt based on what we see happening to Rosen, McCaskill, Heitkamp, and Beto. I’m guessing those 8-10 seats that looked to go Dem in some redder areas now will probably not so I’m thinking the majority is single digits
I agree with you on the Senate. It looks like the GOP will keep the majority in the Senate. But as a card carrying member of the progressive left (or far left/socialist left/whatever you want to call it), I am shedding no tears over seeing folks like McCaskill and Heitkamp go. even though I recognize the advantages of having the majority. I would be especially happy if Manchin got voted out. Might be cutting off my nose to spite my face but I can't help it.
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Old 10-17-2018, 01:27 PM
 
5,633 posts, read 5,317,455 times
Reputation: 3855
Quote:
Originally Posted by ronricks View Post
The number from the meme you posted was a random cherry picked Quarter. Which tells us absolutely nothing. Obama never had 3% GDP annual growth. The only President in history with such distinction.
The chart is for 12-month periods. 12 months is a year. a year is an annus. Annus = annual. There are numerous annual periods with higher than 3% growth. Just not the particular quarters you are looking at. If you want to talk about cherry picking, that's exactly what you are doing...picking specific quarters during whatever particular fiscal cycle you want to show. Because apparently, only January to January matters or something. There's a very big reason Republicans (and you can say you're not Republican, but come on) keep pulling this out. Pot, kettle, etc.

Bush saw only about 5.7% growth over his entire first three years. No wonder he saw a couple of years following with just over 3% growth, it was a short rebound after a stagnant few years., followed by a crash of epic proportions.

Also, it has been explained over and over why the 3% thing is a stupid mark. Even Jimmy Carter had GDP growth of 10-14% at the time, and 5-6% in inflation-adjusted numbers. So, if he hit that high, I guess you will admit that he was a far stronger President than Trump is, right? I mean, that's exactly what you're saying since apparently the 3% mark is the one to hit, and he far surpassed it.

No President in the past 40 years has sustained percentage growth as high as the 30s-70s, even though their dollar growth is much higher. Can you explain why?
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Old 10-17-2018, 02:15 PM
 
Location: Blackistan
3,006 posts, read 2,609,127 times
Reputation: 4531
Quote:
Originally Posted by ronricks View Post
The only person that has mentioned she is black is you. Nobody cares about that in 2018. It does provide a convenient scapegoat though. I originally thought she was financially illiterate but after the AJC did some digging she isn't she is just as corrupt as any other politician who hides behind non profits and shell companies to run their money though. It is what it is. I don't think she or Kemp would be good for Georgia. Both have glaring faults.
That's incredibly naive.
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Old 10-17-2018, 02:42 PM
 
4,819 posts, read 6,049,556 times
Reputation: 4600
Quote:
Originally Posted by bu2 View Post
And President Obama severely depressed consumer spending, making the recession even worse than it would have been. President Clinton had to tell him to quit belly-aching all the time. Obama, every day, was whining about how bad it was and how much worse it would get. Finally, after Clinton chastised him around late February, he learned to bite his tongue. I'd given him the same advice back in November in a letter, not that I expected anyone to do anything with the advice.

It was not any coincidence that the big crash in the market and employment didn't happen until after President Bush gave his speech talking about supporting the banking system because of how bad the housing crisis was.
"Obama severely depressed consumer spending, making the recession even worse than it would have been"

You are oblivious

In Dec 2008 before Obama took offense

https://www.stocktrader.com/2008/12/...last-80-years/
Quote:
Through the last 80 years of U.S. history there have been a total of 15 official recessions including the current which began last December, 2007. By comparing all fifteen investors can attain a much deeper understanding of the unraveling financial crisis. Is this latest calamity really as bad as we think?


The answer is yes.

Below are the top 10 worst recessions of the last 80 years ranked by official duration.

1929-1933, 43 months in duration (Great depression).
1981-1982, 16 months in duration.
1973-1975, 16 months in duration.
1937-1938, 13 months in duration.
1926-1927, 13 months in duration.
2007-2008, 12 months in duration.*
1970, 11 months in duration.
1948-1949, 11 months in duration.
1960-1961, 10 months in duration.
1953-1954, 10 months in duration.
* – Current Recession officially began December 2007 and based on current market data has not yet concluded.

When comparing all 15 recessions of the past 80 years the ongoing recession we face today already ranks number 6 on the list. Furthermore with economists predicting the current recession to last well into 2009 we may quickly find ourselves in the second worst recession since the Great Depression.
When Obama enter the recession was already 3 months shy of the 2nd worst recession in history,

I Love when conservative try to criticize the Obama recovery, as if he was wan't handle 2nd worst economic cris in American history.

And make matter worst Obama recovery was basically Republican Bush plan

https://www.cbsnews.com/news/more-am...ts-poll-shows/

Did you know a third of Obama stimulus bill was Tax cuts?
https://www.politifact.com/truth-o-m...hird-tax-cuts/

In fact Reagan spent more money to fight the recession in the 80's than Obama.

https://mises-media.s3.amazonaws.com...?itok=yf_Ldv2k


https://img.washingtonpost.com/blogs...irst-terms.jpg

https://www.businessinsider.com/one-...-reagan-2012-1

Quote:
Earlier we made the argument that the Obama recovery has been much more impressive than the Reagan recovery since A) The conditions Obama inherited were wildly worse and B) Federal government spending under Obama didn't grow as fast as it did under Reagan.
So it interesting.................. what Republicans criticism of Obama recovery is it he was following Republican ideas too much or just he name is Obama and he was a Democrat?
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Old 10-17-2018, 03:03 PM
 
Location: Georgia
5,845 posts, read 6,117,548 times
Reputation: 3573
Quote:
Originally Posted by samiwas1 View Post
ronricks...yeah, you have proved that you aren't comprehending words. I used 12-month periods, not just random, cherry-picked quarters. You see, that's annual. 12 months is a year. A year is an annus. Annus is annual. But, since you are intent on believing what you want to believe, I'll make the chart for you.
I think he's off by a letter.
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Old 10-17-2018, 03:04 PM
 
711 posts, read 668,308 times
Reputation: 1852
Quote:
Originally Posted by ronricks View Post
Trump's dad has been dead for almost 20 years. Most wealth is generational wealth that is passed down. That isn't anything to be ashamed of.
Trump's dad being dead doesn't change the fact that Don the Con was already worth a million dollars by the time he was 8 years old because his dad was funneling money through his children. Trump likes to claim he borrowed "only" a million dollars from his father and turned that into the supposed billion-dollar real estate empire he built on his own.

Back to Georgia politics, if you think each candidate has personal foibles you don't agree with, just ask which one has done more for regular, everyday Georgians during their time in office, and vote for that person. The choice is pretty obvious. Hint: It's not the good 'ole boy.
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Old 10-17-2018, 04:03 PM
 
4,757 posts, read 3,330,621 times
Reputation: 3715
Quote:
Originally Posted by cparker73 View Post
Trump's dad being dead doesn't change the fact that Don the Con was already worth a million dollars by the time he was 8 years old because his dad was funneling money through his children. Trump likes to claim he borrowed "only" a million dollars from his father and turned that into the supposed billion-dollar real estate empire he built on his own.

Back to Georgia politics, if you think each candidate has personal foibles you don't agree with, just ask which one has done more for regular, everyday Georgians during their time in office, and vote for that person. The choice is pretty obvious. Hint: It's not the good 'ole boy.



And the funny thing is that it's always these same people telling those who are far less fortunate to, "Pull themselves up by the bootstraps" when they never had to.
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Old 10-17-2018, 04:04 PM
 
4,757 posts, read 3,330,621 times
Reputation: 3715
Quote:
Originally Posted by chiatldal View Post
"Obama severely depressed consumer spending, making the recession even worse than it would have been"

You are oblivious

In Dec 2008 before Obama took offense

https://www.stocktrader.com/2008/12/...last-80-years/


When Obama enter the recession was already 3 months shy of the 2nd worst recession in history,

I Love when conservative try to criticize the Obama recovery, as if he was wan't handle 2nd worst economic cris in American history.

And make matter worst Obama recovery was basically Republican Bush plan

https://www.cbsnews.com/news/more-am...ts-poll-shows/

Did you know a third of Obama stimulus bill was Tax cuts?
https://www.politifact.com/truth-o-m...hird-tax-cuts/

In fact Reagan spent more money to fight the recession in the 80's than Obama.

https://mises-media.s3.amazonaws.com...?itok=yf_Ldv2k


https://img.washingtonpost.com/blogs...irst-terms.jpg

https://www.businessinsider.com/one-...-reagan-2012-1



So it interesting.................. what Republicans criticism of Obama recovery is it he was following Republican ideas too much or just he name is Obama and he was a Democrat?

True and Reagan also raised taxes on the rich.
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