That’s what Obama will do to those that voted for him.
You sound rather jealous. Anything you need to get off your chest?
Another misguided republican, to much hate to help and not enough to hinder.
Have a nice day!
“We have elected some very intelligent people to administer our government… ..WHY do they (all elected government officials at all levels; National, State, & Local) not understand that we cannot continue to SPEND more than we take in indefinitely without end … … .????? Have we all gone nuts????… ..Eventually, income MUST equal or exceed spending; it’s just plain common sense, not rocket science… … !!!” – Anonymous
Stop taxing us and see how the country will do without our money.
It’s no problem. They’ll just print more money. The leftist freaks think that money starts with the government anyway, and they have no idea what hyperinflation is. I am telling you, these leftist freaks are stone cold stupid!!!
Have a nice weekend!
“You cannot make the poor man rich by making the rich man poor.” – Winston Churchill
Now stop and analyze tthat quote. Of course you can make the poor man rich by taking away the rich man’s money and giving it to the poor man. Winston wasn’t always right. Usually hot-headed and grouchy, but not unfailingly right.
Are you having a great week-end?
Churchill was also born into privilege which made him unsympathetic towards the commons. conservatives and conspiracy theorist also like to point to George Orwell’s novel 1984 as a dire warning to us all. What they don’t seem to comprehend is that Orwell (Eric Arthur Blair) was a professed Democratic Socialist. I had this same talk with my brother who is conservative and I pointed out a few facts about Orwell to him and his answer to me was, it isn’t about the messenger, it is about the message. I totally disagree with that assessment. The messengers back round is more integral because that is who they are. Without that then they lose all credibility. Can you imagine people doing that same thing with Star Wars or god forbid the Twilight sagas. I just wanted to give you some ammo to throw at the wackos who like to quote people or literary the next time they spout their crap.
Thanks for the input Fred. I tend to think that we tend to give way too much credence to the utterings of the rich and/or famous simply because they are rich and/or famous and sometimes, consciously or unconsciously, overlook some of the really illogical or downright stupid things they have said.
No problem! But it was evident you never needed my help. We pretty much said the same thing but your remarks to Obozo was the perfect opening for me to interject on your behalf. If you look at Obozo’s past rantings then you’ll see that famous, meaningless quotes are pretty much his/her M.O. with not much imaginative or critical thinking of their own. You have a great day and have a very happy Thanksgiving.
Actually Metro, it has been tried before and has failed in every instance. You may think it works on a 1 rich guy to 1 poor guy basis, but it cannot work on a societal basis. It’s a seductive lie that those who are prone to believing false promises from politicians can easily fall for. As to WC… I don’t much care whether or not he was grouchy, nice, good, bad, or indifferent. It matters not to the issue of whether or not there is wisdom and truth in some of what he said. In other words, truth is truth, even if you don’t like the mouth that speaks it.
And yes, my weekend was OK. Lots of activities with the kids.
Have a great day, Metro! And say hello to Mrs. Metro for me.
“Democracy and socialism have nothing in common but one word, equality. But notice the difference: while democracy seeks equality in liberty, socialism seeks equality in restraint and servitude.” – Alexis de Tocqueville
The key word in this paragraph is “Eventually”. It has proven over and over again that during hard times that governments must spend money as if it were free. Just look at what happened in Europe now when they switched to austerity mode and when FDR listened to the morons and tried to reduce the Federal deficit. We were well on the way to recovery from the Great Depression and were immediately thrown into a recession in 1934. Fortunately, FDR was able to reverse course, throw deficit in high gear, and double our GDP while cutting unemployment in half by 1939 at which time gearing up for WW2 (selling arms to UK, USSR, China, etc.) took over as the major player. Only an utter idiot would promote firing employees (government & private) as a means to solve unemployment and to fight a recession. One does not get out of a slump by not having any customers with money to buy products but Republicans seem to be unable to understand that a business needs customers.
The flip side is that when times are booming is when governments should go into austerity mode, paying down debts, and building reserves. Unfortunately, no level of government seems to do this and instead of saving they immediately start spending like drunken sailors with no tomorrow and, even more unfortunately, start programs with no Sunset Clause that cannot be supported in normal times.
Exactly what Paul Krugman has been saying to both party’s and it keeps falling on deaf ears. As long as the biggest concern is budget,budget and more budget than this nightmare will never end. When will people realize we can’t run government the same way we run our households, it isn’t feasible and it certainly doesn’t make sense.
One of the most unconsidered opinions expressed by Republicans (who appeared to have been taken over by the Fascist element) is that governments should be like a family and avoid deficit spending at all costs when times are tough. Obviously, anyone who believes that has never gone through tough times themself because when things get bad a family immediately goes into deficit spending mode in an effort to keep a roof overhead and food on the table. Face it, if a family loses all or most of its income they shall have to survive on the money they set aside during good times which is definitely deficit spending. The big difference between running a government or a family is that the family spends to meet necessities while a government must increase spending to prime the pump so citizens can survive. The other big difference between government and family is that governments act like young people and spend every cent they can get their hands on during good times and completely ignore the possibility that bad times might come. Of course, not just the very young people but I am amazed at how many people wait until they are in their 50s to start thinking about building a nest egg and they are usually the same people who complain about paying into SS because they KNOW it will be shut down before they ever collect it (and the Republicans want that to become true by privatizing SS so they can collect fees for managing the fund as they run it into the ground).
Thank you for that! It always astounds me that Republicans always preach about trickle down economics but they fail to see that trickle down has absolutely no flexibility. It is a rigid system that only relies on all the money staying at the top. That will eventually cause hyper-inflation and for all I know maybe that is the GOP plan. There is another thing that has been bothering for a long time. For years now the GOP has made no secret about their plans to abolish SS and medicare/medicaid and now all of a sudden they have transformed themselves into the saviors of the very programs that they have vowed to destroy for decades. How in the world has this known fact gone undetected among independents and moderates who voted for Romney/Ryan.
Well, Fred, it is VERY easy to lie when you don’t have to announce what you plan to do to accomplish the feat. All one has to do is look at Ryan’s budget (which was even blasted by his own church) where he made it very clear that he and his party passed the budget in the House intended to destroy Medicare and SS. What I find strange is the number of people who claim that Ray-Gun was a protector of SS and had done all he could to save it yet Reagan stated in an interview shortly after he was out of office that his greatest disappointment as president was that he was unable to dismantle SS. The main reason Republicans are against SS is because your employer has to match contributions. The Republicans are like all other politicians and depend upon the short attention span of most citizens as well as the fact that many people believe whatever they have heard loudest and most often. I too find it passing strange that so many people on SS, retired veterans, and retired federal employees are strong Republicans and against ObamaCare because it is government run health care but completely ignore the fact that their beloved Medicare, VA, or FEHB is government financed health care.
Thank you for filling in some of the missing pieces. You have a good night and in case I don’t hear from you again, have a great Thanksgiving!
ralph.. how are you? I hope you are well. We have not chatted in a while. Good to hear from you. Your season is coming up. How booked are you for Santa gigs?
Regarding your response, you’re dead wrong on many fronts. First off, you’re wrong in the big picture completely because your entire premise is based on Keynesian econ 101, high school level. Everyone knows that Keynesian economics has been completely discredited over the past 100 years. And frankly, I don’t think even Keynes would support outrageous debt spending in our current fiscal state where debt alread exceeds GDP. Smart politicians have distorted government spending theories of Keynesian econ for their own political purposes by selling you the lie as an excuse for them to spend our future earnings for their current election benefits. Every dollar they spend that they must borrow today MUST be paid back from future earnings. Do you understand this Ralph?
You’re also dead wrong on FDR and the Great Depression. FDR made the depression worse than it would have been. Hoover made it bad because of his progressive policies, and FDR made it worse because of his ultra leftist policies. Here is an example:
FDR felt as though demand needed to be stimulated first in the economy (like all leftist freaks do). He felt that prices to farmers needed to be raised so that the farmers (a large constituency back then) could make a living and pull the economy out of the duldrums. So what he did was to institute price controls and knowing that increasing supply will reduce prices, he ordered the destruction of crops and millions of cattle and pigs, in order to keep prices high. This at a time when people were starving and could not afford food. This was massively stupid, but he did it.
What you also do not understand is that we actually have examples of success when government cut its spending drastically in the face of a business cycle downturn (a recession). Have you ever heard of the great recession of 1921? Probably not. It doesnt play well with the leftist freaks who love government. Harding took over after WWI and inherited a bad recession. He and Coolidge began limiting government spending and unemployment began dropping significantly. Harding died in 23 and Coolidge took over as president. Coolidge slashed government programs and spending and the result was what we called the “roaring 20’s”, a period of the some of the greatest economic expansion in our history.
Reagan inherited a bad, bad situation from Carter. He didn’t constantly blame Carter. And he slashed taxes and got the government off the backs of business. What did we get? A massive expansion of our economy. Unfortunately, Reagan also had to contend with Tip O’Niel who lied when he promised Reagan future spending cuts. He should have known to never trust a word from the mouth of a leftist.
You see, what you leftist nuts don’t understand is that the more money you take out of the private sector, the less and less the economy grows. Government creates nothing, Ralph. It can only take what it has from the private citizens that earn, and then spend. Or it can borrow from the future to spend today, thereby putting future tax payers on the hook. There is no such thing as stimulus, Ralph. It’s a lie. And you know it.
Finally, you are 100% correct on your spending assesments with politicians during good times. It’s disgusting how irresponsible our political leaders have been for the past 80 years. They are why we are in such a horrible position now.
Ralph, I hope for your sake that you are prepared financially for the day when our debtors call in their debts. It is coming you know. We cannot just continue to print money like we have been. It defies common sense. You know it. Unfortunately, for old guys like you, you have have been getting nothing on your savings for a long time now. So your savings has not grown, but gas, food, healthcare, and every other thing you consume has exploded in cost. And the Fed keeps telling you there is no inflation. But your dollars buy way less today than they did just 4 years ago. They are lying to you, Ralph. You should know this. You should be making some plans with your financial advisor about the possibilities of hyperinflation and it’s effects on your situation.
Have a nice day, Ralph!
“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship. The average age of the world’s greatest civilizations has been 200 years.” ― Alexis de Tocqueville
I am doing well, Obozo, and planning to travel tomorrow. Thank you for asking. I’ve had cataract surgery in both eyes (they stick a hollow needle in the eye, hit it with ultrasound, suck out the liquefied lens through the hollow needle, and replace the lens with a piece of plastic) so my eyes both test as 20/15 which is almost as good as when I went active duty 60 years ago and the military tested my eyes at 20/10 but I still have to wear glasses to coordinate my eyes because they set my right for near vision and my left eye for far vision.
As usual for a 21st Century conservative, Obozo, you have confused what you hear on Faux News and from the addicted Rush with facts. I notice how well the Romney/Ryan landslide predictions worked (last time I saw something like this was with the Truman vs. Dewey election) and now I see that Obama was elected by the millions of illegal voters. I guess that is correct since the Republicans consider every vote for a Democrat as a fraudulent vote.
No, I do not base my premise upon Keynesian economics but upon what actually happened in real life. By the way, Obozo, did you know that the US has been a debtor nation since before we became a nation? Historians contribute much of our economic success to the fact that we have always been a debtor nation. Yes, I know that many claim that we were debt free for 2 years in the early 1800s but they consider us debt free because our national debt was slightly below $1 million but I consider owing $900K as still having a debt.
At first I was stunned that you called Hoover a progressive because of what he and his Republican Congress accomplished in dealing with his depression but then I remembered that by current TEA Party Republican standards every president since 1900 (and possibly since before that) has been a leftist. OK, Lincoln was definitely a leftist. I am intrigued that you think FDR made the depression worse. By what feat of mental contortion do you consider cutting unemployment in half while doubling GDP in less than 8 years making things worse?? I do recognize that he could have done better except for the fact that FDR listened to the morons and cut back on deficit spending the part way through his first term when we were well on the way to recovery and threw us into a recession in 1934. By the way, my father started his breeding herd of white faced red Hereford cattle as soon as he learned Roosevelt had been elected. He was able to buy fine stock for a dollar a head while Hoover was still prez (which goes to explain why there was a shortage of food in the markets) and was able to feed them from our own land since we had some good bottom land that yielded 4 crops of alfalfa per annum.
FDR was proven correct that demand needs to be stimulated first. By the way, I was born and raised in an agricultural state and my father plowed under his crops more than once during the Hoover years because it would cost more to harvest and haul them 5 miles into town than what he would be paid. The depression actually started in our area long before the stock market crash and was caused by farmers NOT getting paid for their crops which meant that they could not afford to buy anything. This meant farm equipment, vehicle dealers, clothing stores, etc. had very limited sales so they were not replenishing their stock. This eventually worked its way back up the line until factories were cutting back or shutting down because of no demand and that brought the depression to the cities. FDR made it possible for farmers to make a living by raising prices paid to farmers which meant that there was MORE food in the pipeline.
Yes, I have heard of the Great Depression of 1921 that started in Europe and was caused by the Democratic President Wilson getting us into WW1. We should never have entered that war or, if we had to get involved, we should have gone on the other side. By declaring our intention to join in WW1 on the British side (our bankers feared for the money they had invested in the UK) we extended the war, put Communism in power in Russia, and made it possible for Hitler to take power. I am puzzled by your praise of Harding (one of our most corrupt administrations) whose only claim to fame as a Senator and as a President was the ability to find jobs for his friends. Unfortunately, most of his friends were crooks but that was OK since they were executive level crooks. The bad recession Harding inherited was in Europe and in US agricultural areas and neither he nor Coolidge did a thing to correct it. In fact our Great Depression started during their regimes and the “roaring 20s” only existed in the cities while the farmers and ranchers were going more and more in debt trying to stay in business.
Ah, yes, the god Ray-Gun. I had the misfortune to live in California when your anti-tax hero Reagan was governor. During his reign my income went up by $300 per annum while my state income tax went up $550 per annum. Your vaunted Reagan tax cuts combined with the Bush tax slashing is what caused the current recession and huge debt. You have also conveniently forgotten that when the economy was slipping during Reagan’s reign that he increased taxes and the economy turned around and started a boom. Compare the period when the top tax rate was 70% or even 94% (no one paid those rates because of various loopholes but they paid at least 50% of those rates) and jobs were going begging to our current “booming” economy and wonderful 8% unemployment rate with the current under 40% rate with wealthy people and businesses actually paying from 2% to 14% Fed income tax and you can see just how well the “cut taxes on the rich and the economy shall boom” fictional legend works out. I don’t agree with the idea of bailing out the “too big to fail” banks and then giving their management bonuses for having dug the hole (if we bail a company out the US should have a controlling interest in their stock) instead of putting the money to work on our infrastructure where it shall actually flow into the economy instead of into the pockets of the upper 10%.
This leftist nut does understand that the money flowing to the rich disappears from the economy since the wealthy do not spend but an infinitely small amount of their money but sock it away in places outside of the US while money flowing to the poor and middle class is spent, for the most part, and that is what drives an economy.
Hmmm, why should I be prepared for the day when our debtors call in our debts?? I realize that various propagandists have been screaming that China holds most of our debt (they hold less than 8%) but over half of the Federal debt is owed to various US entities so that would consist of taking money from the right hand pocket and placing it the left hand pocket. What we have to worry about is if the world decides to price oil (& other international trade) in something other than US dollars.
You are correct about my investments and savings. During G.H.W.Bush my income dropped, under Clinton went up a total of about $80K, dropped by over $50K under G.W.Bush, and held steady for the first 3 years of Obama (big drop the first 2 years but made it back last year) and I expect it to drop more since I have disposed of one asset (due to fear of a Romney/Ryan election) that had been generating over $10K per annum. This just follows the general rule of thumb that investments (and economy) does better with a Democratic president than with a Republican president (at least since 1900). By the way, I personally found inflation to be far greater during G.W.Bush years than the last couple years but that just reflects what I am purchasing for my self. Since around 2005 I have been limiting my grocery purchases to only that which are on sale and gasoline is still cheaper than when the “shrub” was president (it was $3.33 last week and $4.10 when Bush was prez) but I did make a major cut back on fuel purchases when it went above $2. Back in the 50s I averaged over 2,000 miles a week (104 octane gas was $0.25 at Texaco) but now I have put less than 13,000 miles on my Honda Accord Hybrid (which cost more than the Pacific coast home I bought in California in 1967) since I bought it new in November 2005. They have been lying about inflation for decades now since it is very important to report low inflation which saves the Feds money since Fed pay, retirement, & SS all have COLA clauses.
I would wish you happy holidays and a prosperous but I know that you shall be in ashes and sack cloth for the next 4 (or more) years.
Ralph… you did not answer me. Are you booked up for Santa gigs yet? You would be a great Santa… and you could make some money. Just a suggestion.
You’re recollection of FDR and the Great Depression are more myth and wishful thinking than they are truth. Hoover was a progressive because he believed in the primacy of government and his ability to control the economy. He was wrong. FDR surrounded himself with communist wannabes, many of whom traveled to the Soviet Union in the late 20’s. You need to read a book called “The Forgotten Man” Ralph. FDR was a disaster for America. While Harding was known for corruption, all those involved in it were convicted as they should have been. He died before he got his come-upance. But his economic policies were not so bad. And Coolidge was far better. For you and other leftist nuts to actually say that the roaring 20’s, a great period of economic expansion, were bad because they led to a recession is laughable, Ralph. What you leftist freaks don’t understand is that business cycles, ups AND downs, are natural. There is no way to avoid them. Unfortunately, the leftist freaks scare everyone and make them think that there is a way to avoid the down cycles if only we give them more of our money.
Finally… this whole rationale that leads you to think that taking more money out of the private sector through confiscatory tax rates is somehow good for the economy flies in the face of common sense. If that were true Ralph, why not just tax everyone 100%? The economy would boom by your rationale. That’s not only a fantasy, Ralph, it’s an insideous lie. Higher tax rates do nothing except disincentivize productive behaviors and work, Ralph. Why would anyone work if they knew their additional income was going to be taken from them? They wouldn’t. What’s the difference between the government taking the fruits of your labor for their use, and the slave owner taking the fruits of a slave’s labor for his use? Neither the slave nor the taxpayer has a choice. And confiscatory tax rates are the modern equivalent to slavery.
I don’t how you lost money under Bush, Ralph. You must have had bad financial advice. Following the dot com bubble pop and 9/11/01 shock, the stock market kicked but for 6 years straight until the housing bubble popped. It was up nearly 100% in that time. How could you not make money? But as always happens, the pendulum swings both ways and the market came back, then it went down. Too bad we bailed anyone out. There is no reason that the taxpayers should be on the hook for someone else’s losses. Especially when 43 cents of every dollar used for bailing out is borrowed from our future earnings. It’s disgusting. If your business fails, it fails. This is why we have bankruptcy court. If a business doesn’t survive, it’s assets are purchased and are repurposed by some other business that is not failing. Twinkies will be a perfect example of this. Someone will buy those brands and make them work.
Finally, regarding our debts. You are correct in worrying about the dollar as the reserve currency of the world. You are aware that China and Russia are no longer trading in US Dollars, right? More countries are following suit. And while China holds only 8% of our debt, that 8% is a staggering amount of money. Have you considered that China may not call in it’s debt, but that it may announce that they are tying the Yuan to gold? What happens to the dollar if China backs its currency with hard money? Take a guess, Ralph. Why do you think China has been on a gold buying binge for the past 10+ years? The strategy of the US Fed and the ECB has been to monetize ours and their debts. Do you think other nations don’t know this? Do y0u think this concerns other nations that currently trade with one another in US Dollars? Of course it does. And therein lies the problem. We really don’t have any way out of this debt problem, Ralph. Just make sure that you are not overly exposed to bonds because when interest rates swing up, you’ll be wiped out. Bonds have had a great run for 20 years, but that bull market will come to an end as interest rates cannot fall any more than zero and the only direction from here on is up. I got rid of my bond funds early in 2012. The debt ceiling issue may be a precursor to this. Be careful.
Have a nice day, and a Happy Thanksgiving, Ralph!
“You can only confiscate the wealth that exists at a given moment. You cannot confiscate future wealth — and that future wealth is less likely to be produced when people see that it is going to be confiscated.” – Thomas Sowell
No, Obozo, no Santa gigs for me. Something about my snarling and scaring misbehaving kids has put a damper on that.
Interesting that you KNOW that the memories of my father, myself, and all our neighbors (they were all rockbound Republicans) of what actually happened to us are all false according to your all-knowing sources (my guess is that your sources consist of TEA Party comic strips and a smeared & cracked crystal ball). In agricultural areas such as ours the great depression actually started during your vaunted glorious “roaring 20s” but I never said that the roaring 20s were the cause of the Great Depression but Coolidge and Hoover certainly did all they could to deepen the depression from a sink to a canyon. You seem to have forgotten that the great depression started just after the close of WW1 in Europe and spread across the world. Of course, the people on Wall Street were happy until it finally hit them big time almost 20 years later. This leftist freak does understand that business cycles have peaks and valleys (if they didn’t they would not be called “cycles”) and this leftist freak does understand that a government can make bad times worse (see Hoover & Shrub) or better (Prime example: FDR). You say that FDR was a disaster for America to which I can only say we need another disaster such as FDR now. I was rather puzzled why you consider a president who was able to cut unemployment in half and double our GDP before he completed his second term as a disaster and then I realize that he was a disaster to all the rock headed Republicans because he was a Democrat. If he had been a Republican he would be considered a god by all you conservatives for having doubled the US economy in less than 10 years.
The Republican idea to turn the economy around was to make it easier for farmers and ranchers to borrow money to stay in business until the Republican bankers could take over the farms and ranches while ignoring the fact if farmers and ranchers had no money to buy machinery or vehicles that it would eventually hurt the real Americans (millionaire business owners) while the evil commie idea of FDR was to get farmers and ranchers decent prices on their products so we could make enough money to start buying goods. There were some years that my father and our neighbors would plow our crops under because it cost more to harvest and take to town than what the granaries would pay (and that is why there was a shortage of food). I have always wondered why the bone headed conservatives do not understand that if there are no customers that they will go out of business and that there shall be no customers available when people have no decent jobs available. By the way, of course FDR was surrounded by many people who had gone to Russia as anyone who had the money and a brain wanted to go check out Russia for themselves. I find your description of them as communist wannabes hilarious since anyone who wished to be a communist could walk into the Communist Party headquarters in most any town in America (including towns in my solid conservative area) and join the party. If you ever read any books about the Roosevelts you would know that they had a strong fear that if the Republicans continued with their misguided efforts that it would trigger a Communist revolution and takeover in America since the people were ripe and ready revolt.
You also have no concept of where money goes, Obozo, when you say that taxes take money out of the private sector (by which I think you mean the economy). Actually, a proper taxation system keeps money in the economy by keeping it from being stashed away by businesses and the wealthy (such has been done for some years now) and puts the money to work in the economy by fixing the infrastructure and/or giving new industries a boost. I find it very interesting that you so easily ignore facts such as when the top rate was 94% business was booming & unemployment was low and later unemployment was at 3% (which is about as low as it has ever been in the US) and the top rate was still over 70% (I consider that as the lowest can ever be UNLESS we do away with all Federal & Military pensions, SS & Medicare & Medicaid, unemployment benefits, all Federal welfare including that going to businesses, schools, state & local governments and then we could get by with the current under 40% rate. Of course local govt, schools, hospital would have raise their rates. Now the top rate is under 40% with business making $80billion dollars profit paying less than 3% Fed tax and another company I own stock in had a $300 million profit this year but paid ZERO fed tax but they did spend nearly a million lobbying to get their tax break (so much for the US overtaxing big business). Obviously, in the US higher tax rates does not hinder our economy nor does it stop people from working and your example that I think taxing everybody 100% would make the economy boom well…. Now that you brought that idea up, Yeah, that really does make sense. If they taxed every body 100% then “redistributed” it those who are now getting many millions per year would be getting back perhaps 10% of their money while I would be getting back 500% of my money and, since the millionaires weren’t going to spend their money (just send it to other countries or stash it) while I would upgrade my house and perhaps buy a new car… Yeah, you do have a brilliant idea there, Obozo, that would really cause the economy to boom.
Once again, Obozo, you have proven that you are sadly deficient in reading comprehension. I NEVER said that I lost money under any president but stated how much my income had gone down during the 2 Republican presidents and up during the 2 Democratic presidents. Of course, my income merely followed the historical pattern in modern US with investments (& businesses) doing better with Democratic presidents and worse with Republican presidents. As far as the dot com bubble goes 2000 was one of my good years in both income and value while in 2002 (Bush) my income dropped over 50% regained most of it in 2003 & dropped over 50% in 2004 (Bush). 2009 (Obama) it dropped nearly 10%, 2010 another 12% drop, and went up 20% in 2011 which puts me nearly even the first 3 years. I shall probably be showing a drop in 2013 since I unloaded an asset that was generating about $13K a year in fear of a Romney/Ryan election which would have made that asset practically worthless. No, I did not have bad financial advice since I do NOT believe in wasting money on someone with a poorer trading record than my own and I have done better on my own than most professionals going from a wage-slave never making more than $35K and I now get an income from 1.5 times that to over triple that from the combination of pension (small) and investments.
You know, the most pathetic thing about this whole debt and recession thing is that, currently, the US has the best economic outlook in the world. Of course, we could always follow the Eurozone lead and put in the program of austerity that you conservatives desire so we CAN become a big version of Greece. You DID know that every nation that has gone the austerity route is now in really deep trouble with even worse business conditions combined with periodic rioting (people have to keep themselves entertained). By the way, did you know that Japan has nearly 3 times as much debt compared to GDP as the US but nobody thinks Japan is in debt trouble? Very strange.
Thank you, Obozo, I did have a niceThanksgiving. I went down to my eldest daughter’s place in the Portland, OR, area and we had Chipotle/Maple pork instead of the traditional ham. I am once again amazed at how cheap pork is (nice, lean, well-trimmed pork about $2 lb.) and how expensive beef is (tough, fatty, barely trimmed beef stew meat at $5 lb.). I would wish you a Merry Christmas and a Happy New Year but I know that there shall be no happiness for you for at least 4 years and perhaps for 12 years with any luck at all.
You misread the interpretation hon, this is what he did to his accuser’s in the election. And will repeat to those who ventured crossing his paths in his 4 more years.
I won’t disagree or agree with you because you have the right to express yourself and I don’t have time to waste time arguing with anyone in this site. I am watching college football right now and I hope LSU loses like Alabama did to A&M.
Another idiotic statement from someone who does not know how to handle an electoral loss. Boo Fn Hoo
I see we have a new sock puppet.
That can also save your life, so it’s a good idea. Don’t you think.
The repubs need to clean house and the cartoon showes what end to start with.
And now…. the REAL Cartoon Of The Day!
[click image to enlarge]
“I don’t think your boss should get to control the health care you get. I don’t think insurance companies should control the care that you get. I don’t think politicians should control the care that you get. I think there’s one person to make these decisions on health care and that is you.” – Guess who said it
You abdicate the medical care you get when you refuse to get insurance and then expect the taxpaying public to foot the bill. This the entry of Obamacare.
Hi puxy! I hope you are well today. I am busy responding to some of the replies I got over the weekend.
As to Obozocare, you guys on the left seem to forget that there are a lot of people that do not have health insurance because they don’t want it. Instead, many people are what is called “self insured” meaning that they take on their own risks. This is their freedom as Americans… until now where the SCOTUS actually says that Congress has a right to force you to purchase a private product and service. It is completely and utterly unconstitutional. According to that legal rationale, the Congress can force you to purchase a gun or a China Government Motors Chevy Volt, or anything else. It’s disgusting. This is anti-American values and tradition.
And since you brought it up, here is a question: How much is the cost of the annual overhead of the US government to administer Obozocare? Do you know? I do. It’s $40BILLION at the low end. Did you know that $40BILLION would pay for private health insurance for 15 – 20 million people? That’s right. Everyone who wanted to be covered by insurance could have easily been covered without government takeover. This is where you have bought into the lie, puxy. Obozocare was NOT about providing health insurance. It was about government taking control of more of our economy and our lives. That’s exactly what it was about. It would have been very easy to create a health insurance voucher and let people go buy what they want privately. But that would not allow for expansion of government, would it?
Do you understand what I am writing about here, Puxy? I hope so.
Nice to hear from you again, Ms. spunky one.
“Those who would give up essential liberty to purchase a little temporary safety deserve neither liberty nor safety.” – Ben Franklin
I hope your day is good also. Probably much colder your way than here. Like in the low 80s with clear skies and lots of sun. In the land of nuts and fruits, the run for freedom of expression is escalating in San Francisco where the nudists are still protesting their right to strip down on Casto and Market Sts naked. I am amazed they can do it though because it is quite chilly and windy most days up there! The big concern seems to be that they should put some type of cloth down on buses and the like so people don’t have to be exposed to the germs on their butts!
Anyway, I understand what points you are trying to make. Also, while I appreciate your thinking that people who are “forced” to get insurance are having their rights violated, I don’t much appreciate that my rights are being violated and my property being taken to pay for their emergency room treatments etc. You also must know that the people who are taking most advantage of the so-called govt give away programs are the right wingers and there are more of them on food stamps than anyone else. There is a reason why Romney lost and some people still don’t get it.
You do need to appreciate something, however. I was at one point much like you in my thinking. Then for awhile I spent a lot of time with my career and really tuned out all the gobbledigook of politics. But for a long period of time, I came close to something ideal in understanding the “true” meaning of freedom. If you have the time and energy, may I suggest and introduce you to a brilliant thinker who recently passed away, but left behind an outstanding book that you might very well want to read? I only mention this because it seems to me that you are a thinker (and sometimes an agitator 😉 but if you are really interested, here is someone I knew and studied under in the 70s. Brilliant man…Jay S. Snelson. The name of the book is “Taming the Violence of Faith”. You might enjoy it. It may open your thinking to whole new possibilities! Have a great night! cat
Hey puxy! You really need to get out of that bad weather. It’ll be the death of ya!
While I see your point about paying for other’s ER visits, what makes you think that anyone who does not have health insurance must always go to an ER? What makes you think that same person won’t just pay for services when rendered? You lefties always dream up the extreme examples as a means of justifying your social engineering experiments on the whole of us. While I am sure some go to the ER, many others don’t. And I don’t think we need to scrap our Constitution because some people get free medical treatment. There are many people who look at the total cost of insuring themselves and say “I would never spend $10 – 15,000 in medical care in a year, so I wont.” Over the course of 10 years, they save $100 – $150,000. 20 years, double that. And that’s not even accounting for increases. You see, Puxy, this whole notion of “health insurance” is actually a scam. It’s not health insurance that we have, it’s prepaid healthcare. There is a difference. The idea that someone else is responsible to pay your bills… that you can get something for nothing or next to nothing… is a lie. It is a scam. Insurance is what you have on your car. It doesnt pay for your maintenance, but it pays for the big things if needed. No one is denied car maintenance and there is massive competition that keeps prices low. And car insurance is relatively cheap, unless your driving record proves you are a high risk.
Think of it this way, Puxy. Instead of a transaction being between you and your doctor, that transaction now must account for multiple 3rd parties in insurance, government, and regulatory oversight. That’s the overhead of the transaction. You want to know why the cost is so high? Because the overhead of the system behind it is what drives the cost. And like I told you before, the Obozocare scheme is nothing more than a government takeover of your private choice and responsibility that will add massive bureacracy and cost overhead to an already bloated system while taking away your liberty and freedom. I don’t see how you guys on the left don’t understand this. If your objective was to provide health insurance to poor people, why didn’t they invent Medicaid? Wait…. they did that already. Why not offer vouchers to those that want them and cannot afford them? Why do we need a complete takeover by the government of the entire system? The answer is we don’t. The politicians need the takeover to increase their power over the people. To grow their fiefdom. And they sell this scam to you on the basis of “compassion” when in reality, if you think about it, allowing politicians to run anything is ALWAYS a bad idea. What they are doing is creating another dependency class. Another class of perpetual voters who believe their lies and then will forever vote for them rather than have their precious freebies taken away. There is nothing compassionate about it. In fact, it’s cruel because it enslaves people.
Further, your claims about more right wingers being on food stamps is an outright distortion of fact. I read that distortion article here on The Memo and laughed at how hard they had to work to create such nonsense. The truth is that of those receiving government handouts of one form or another, they overwhelmingly voted for Obozo by a margin of 70%. So while a particular state may have voted in the majority for Romney, that does not mean that every resident voted for him. Think of Louisianna. That state went to Romney. Do you think the voters of New Orleans voted for Romney? Of course not because that one location has the vast majority of government handouts in that state. The facts are clear. Those on the dole overwhelmingly support DemonRATS and it makes sense that they do. Why would they vote against the hand that feeds them? The don’t. That’s the reality. Don’t believe all that leftist freak propaganda that you read, Puxy. If you apply just a little bit of thinking, you realize you are being mislead.
It’s odd how the left defines “freedom” as the right to abberant behavior. Those freaks in San Fran are the perfect example. Freedom has nothing to do with abberant behavior, per se. It has everything to do with a person’s right to live their life as they see fit so long as they don’t infringe on another’s rights to do the same. It has everything to do with private property rights, freedom of speech, religion, self defense, association, etc. etc. It has everything to do with a government that keeps their friggin hands off of the fruits of my labor. It has nothing to do with men dressing as women and running around naked in public. I don’t care what you do in your own bedroom, but don’t make it my business by doing it in public. You live your life as you want, I’ll live mine as I want. And I won’t burden you by making you pay for my private needs, and you don’t burden me by making me pay for yours. I think you will actually agree with me on this. And this is why I have said for a long time that I think most Americans are actually libertarian (small L intended, not the party).
I’ll make a deal with you. I’ll read “Taming the Violence” if you read a book that I suggest. Deal?”
Have a great day, Puxy! 😉
“Every nation that has ended in tyranny has come to that end by way of good order. It certainly does not follow from this that peoples should scorn public peace, but neither should they be satisfied with that and nothing more. A nation that asks nothing of government but the maintenance of order is already a slave in the depths of its heart; it is a slave of its well-being, ready for the man who will put it in chains.” ― Alexis de Tocqueville
Ok. I’ll read yours if you read mine! Have a great Thanksgiving!
Puxy…. I didnt tell you what it was. So we have a deal. I’ll read “Taming the Violence of Faith” and you read “Ameritopia” by Mark Levin. You have to let me know when you get it and I’ll do the same. We can reconvene in a week or 2 and compare notes. Sound like fun? I think so. You on?
Have a great Thanksgiving, Puxy. Don’t eat too much. I prefer you nice and svelt! 🙂
“No man’s life, liberty, or property is in so much danger as when the legislature is in session.” – Mark Twain
Ok, OB1, I will order it from Amazon and let you know when I start reading which should be as soon as it arrives. Me? Am doing creative writing of my own. Want to read some of it? PS/ Has nothing to do with politics…..just pure expression…..Take care…
I’d love to read what you are writing. That would be cool. 🙂
The Slavery Clause
Is that what you are suggesting I read? Or did you mean in response to my suggestion that it was Jefferson who wrote the DOI? I took some time and looked into this notion of Paine being the author, and I don’t think it’s correct. The reason I don’t is because of the following:
1) they actually have hand written copies of drafts of the DOI in Jefferson’s handwriting. I think a copy of the draft is on hand at the Constitution Center in Philadelphia.
2) The argument about the writing being Paine’s style doesn’t hold enough water considering the fact that the final version was actually the creation of multiple parties compromising on the document’s contents.
3) I do not dispute the influence of the thinking and writings of Paine on all of the founders, Jefferson included. Certainly, ‘Common Sense’ was highly influential, but the truth is that if you’re gonna give Paine credit for the actual writing of the DOI, then it is equally true that John Locke, Charles de Montesquieu, Adam Smith, and other great philosophers who were immensely influential over the founders were also authors. In other words, those who inspire a writer are not necessarily the authors of a particular writing.
That’s my 2 cents, Puxy. I could be wrong. 😉
“There is no crueler tyranny than that which is perpetuated under the shield of law and in the name of justice.” — Charles de Montesquieu
No…only in response to your remark about Jefferson. My understanding of this is that Paine was much despised in England and did not want to have his name attributed to it because he feared the English would not take the declaration seriously. It mattered little to him to have the credit for he was a true patriot. In any case, there is a great deal of studies on the topic as we both see. Of course those days of enlightenment brought forth many ideas from varying sources. Who was it who said, “If I see farther than most, it is because I stand on the shoulders of giants.”???
Happy Thanksgiving to you also, OB1
You know, I can see that argument Puxy. Really, I can. In the end, it probably doesn’t matter but it’s a great discussion. And yes, Paine was a great patriot. Oddly enough, my family name was altered when they came to America in the late 1500’s to early 1600’s for exactly the same reason. They were former nobility seeking religious freedom from the King and would have risked being conscripted if they were traced by the British soldiers.
What things have you written that I can read?
Have a great Thanksgiving! God bless you and your family. Here’s a great quote for you….
“An author is a fool who, not content with boring those he lives with, insists on boring future generations.” – Charles de Montesquieu
BTW/ It wasn’t Jefferson who wrote the Dec of Indep…It was Thomas Paine.. Check it out…Just so you know how history can be distorted.
BTW Puxy…. That was Thomas Jefferson, not Paine, that wrote the DOI. He did so at the urging of John Adams who convinced him to write the original draft. Check it out. The other co-authors were Benjamin Franklin, Robert Livingston, Roger Sherman, and John Adams himself. Somehow, I think you meant Jefferson and not Paine anyway.
Paine wrote ‘Common Sense’ which was a pamphlet distributed far and wide as a moral justification for liberty and the revolution. If you haven’t read it, you should. It’s very good. The old English is a bit tough, though. Glenn Beck re-wrote it in Modern English. It’s a cheap paperback that you can read in about 3 or 4 hours end to end. I recommend it.
Again, have a great Thanksgiving, Puxy! 🙂
“A wise and frugal Government, which shall restrain men from injuring one another, which shall leave them otherwise free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned. This is the sum of good government, and this is necessary to close the circle of our felicities.” – Thomas Jefferson
Not Romney. He was all for bosses determining exactly which medical care you could get, and denying what they didn’t like, for whatever reason.
This is what Obama did to Romney and associate, and will do to congress if they play the ass with him.
Ah ha ha ha… this taste so sweet
Sorry freak Obama is here for the next 4 more years as assigned all US President.. He is working for the People of the USA. and need unity to performed what he is directed to do from his hired Bosses upstairs. Spread Peace and Love not Hatehate
I think and know he is working for the illegals because ( for us ) what did he do? He let the children of illegals stay and ( didn’t say ) the parents had to go back to their country, so he is rewarding the children, and the parents for being here as illegals. You commented ( Freak Obama ), so you must agree with all of us. Right on!
If every one would unite and give willingly their fair share of labor and unity we all as a united family will built a prosperous America Society. Let’s get the ball’s rolling to success we will Prevail. Stop the color Hatred now. we are all God’s hand made. Let us all unite for a successful united America. Peace and Love.
We don’t need to give willingly, our Government will just take it if you are too sucessful, and re-distribute it. Is that your idea of Liberty and a prosperous nation? You are stuck on your own biases since many people not of color voted for Obama. The “other” Party you seem to hate stands for prosperity for ALL, by individual freedom, less Federal government control of our lives and businesses, lower taxes, a balanced-budget, and saving S.S. & Medicare.
If by the “other” party you mean Republican Party you are very mistaken as to their current goals. The Republican party stands for more prosperity for all multimillionaires and big business and would like to do away with the minimum wage because it cuts into business profits, less Federal government control of businesses (do away with ALL those pesky inspectors demanding that bad drugs and poisoned foods be recalled) while increased controls of the working class to keep them in line, lower (NO) taxes for businesses & the top 10% with higher taxes for the bottom 70%, balanced budget except for massive defense contracts that line the pockets of the wealthy, saving SS by turning it over to Wall Street so the wealthy can get rich while running SS into the ground and saving Medicare by converting it to a voucher system with absolutely no controls (evidently forcing those on Medicare to pay an extra $6K for the same as they have now with no limit as to how much more it shall go up in the future is considered as “saving” Medicare)