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Old 12-26-2012, 08:50 AM
 
9,855 posts, read 15,204,453 times
Reputation: 5481

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Quote:
Originally Posted by LordBalfor View Post
More nonsense.
*yawn*
You can - and will - think what you want, but the fact is, the American People are not buying your nonsense and they showed that when the re-elected Obama. The fact is, the economy continues to improve, there's no runaway inflation, no stock market crashing, no plunging dollar - none of that "end of the world" BS you folks have been spouting for the last 4 years. It just hasn't happened - and it WON'T, because you folks are out of touch with reality. You live in your own little world where everything is somehow falling apart.

Meanwhile the rest of us are getting on with our lives - where things continue to gradually get better and the economy to heal.



Ken
And yet the Fed continues to manage economic risk, over-leveraging itself over 50-1, greater than Lehman Brothers, Bear Stearns or Sallie Mae ever were. Obama's administration has enacted short term solutions while stockpiling risk which can either be addressed through aggressive inflation or a very prolonged recession. Ken - you don't seem to grasp the concept that an administration's actions in the economy aren't felt until years down the line. Things are not 'getting better'. We are setting up this country for very poor economic conditions for the next few decades simply to have an easier time right now.

Trading long term economic growth for short term gains is nothing short of stupid, and that is what you seem to be advocating.
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Old 12-26-2012, 08:51 AM
 
Location: Fort Worth Texas
12,481 posts, read 10,221,813 times
Reputation: 2536
Quote:
Originally Posted by LordBalfor View Post
More nonsense.
*yawn*
You can - and will - think what you want, but the fact is, the American People are not buying your nonsense and they showed that when the re-elected Obama. The fact is, the economy continues to improve, there's no runaway inflation, no stock market crashing, no plunging dollar - none of that "end of the world" BS you folks have been spouting for the last 4 years. It just hasn't happened - and it WON'T, because you folks are out of touch with reality. You live in your own little world where everything is somehow falling apart.

Meanwhile the rest of us are getting on with our lives - where things continue to gradually get better and the economy to heal.



Ken
ai give you facts and you do not discuss them.
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Old 12-26-2012, 08:52 AM
 
Location: Fort Worth Texas
12,481 posts, read 10,221,813 times
Reputation: 2536
Quote:
Originally Posted by LordBalfor View Post
Geeze - that old cr*p again.
So what?
That projection was based on numbers obtained during the last few months of the Bush Administration - when the full extent of how fast the economy was tanking was not yet understood. The fact is the UE rate had ALREADY risen above 7.5% BEFORE the stimulus was even put into place. In fact it was 7.8% while Bush was still President for most of the month (Jan of 2009). You make the best projections you can with the data you have available at the time. That's all ANYONE can do.

The American People are smart enough to UNDERSTAND that (that's WHY the re-elected the President) - even if YOU are NOT.



Ken
yep 53 % of the American people accepted his lies and enslavemrnt
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Old 12-26-2012, 08:53 AM
 
Location: Dallas, TX
31,767 posts, read 28,815,462 times
Reputation: 12341
Quote:
Originally Posted by wjtwet View Post
the economy is crashing and the dems ignore it
Dems and independents aren't ignoring repubs and their idiots. And haven't been since 2008.
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Old 12-26-2012, 08:55 AM
 
Location: Palo Alto
12,149 posts, read 8,417,223 times
Reputation: 4190
Quote:
Originally Posted by MTAtech View Post
Call me a knit picker. Your fact is not a fact.

We are actually spending LESS now on interest, due to low rates on new debt, while older high interest debt is retired:


A graph! I knew you could do it!!
What happens when interest rates rise?

What happened to the homeowners when their ARM's reset?
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Old 12-26-2012, 08:55 AM
 
Location: Fort Worth Texas
12,481 posts, read 10,221,813 times
Reputation: 2536
Quote:
Originally Posted by EinsteinsGhost View Post
Dems and independents aren't ignoring repubs and their idiots. And haven't been since 2008.
Dems have not passed a budget yet , they ignore the problems
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Old 12-26-2012, 08:57 AM
 
Location: SE Arizona - FINALLY! :D
20,460 posts, read 26,328,298 times
Reputation: 7627
Quote:
Originally Posted by wjtwet View Post
yep 53 % of the American people accepted his lies and enslavemrnt
Your statement is just more of the nonsense being rejected. The fact that you just continue to spout it shows you have simply learned nothing from that defeat.

Ken
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Old 12-26-2012, 08:59 AM
 
Location: Dallas, TX
31,767 posts, read 28,815,462 times
Reputation: 12341
Quote:
Originally Posted by wjtwet View Post
Dems have not passed a budget yet , they ignore the problems
The house is controlled by republicans.
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Old 12-26-2012, 09:02 AM
 
Location: SE Arizona - FINALLY! :D
20,460 posts, read 26,328,298 times
Reputation: 7627
Quote:
Originally Posted by hnsq View Post
And yet the Fed continues to manage economic risk, over-leveraging itself over 50-1, greater than Lehman Brothers, Bear Stearns or Sallie Mae ever were. Obama's administration has enacted short term solutions while stockpiling risk which can either be addressed through aggressive inflation or a very prolonged recession. Ken - you don't seem to grasp the concept that an administration's actions in the economy aren't felt until years down the line. Things are not 'getting better'. We are setting up this country for very poor economic conditions for the next few decades simply to have an easier time right now.

Trading long term economic growth for short term gains is nothing short of stupid, and that is what you seem to be advocating.
I disagree with you assessment. As a percentage of GDP, US debt after WWII was greater than it is now. Granted we had more advantages - compared to other countries - then than we do now, but the debt will be managed and gradually paid down.

Ken
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Old 12-26-2012, 09:04 AM
 
Location: Fort Worth Texas
12,481 posts, read 10,221,813 times
Reputation: 2536
Quote:
Originally Posted by LordBalfor View Post
Your statement is just more of the nonsense being rejected. The fact that you just continue to spout it shows you have simply learned nothing from that defeat.

Ken
UE benefits welfare payments are enslaving our people.We have generations of families on welfare. We have more people that ever relying on food stamps, enslaving them for their life to government hand outs.
Dems are the pro dependent party .
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