Obama is a joke

If we did not have the financial action undertaken in the last year, we would have had a depression. That is not something that is in any way desireable.

Says the sage that voted twice for the administration that got us in this mess. Thanks but no thanks for your expertise. Your ability to predict outcomes has no credibility. If you want to stop a mess up like this next time, vote for somebody with a bit more fiscal responsibility.

Manufacturing pays less, thus we'd be poorer.

But it strengthens the dollar by giving it real backing that other currencies will want to purchase, therefore making us richer. Furthermore, shipping items across the world that could be made here wastes energy, therefore making everyone poorer, because resources have been lost in the process.

If there were a machine, where anything you wanted could be built at your house, for the same amount of energy as it takes to build it at the factory (including labor energy), then all the transportation, shelf stocking, and administration energy would be saved, yet you would still have the exact same product. The further away a product is from it's buyer, the more energy must be taken to ship it, store it, track it, administer it, and be sure it reaches it's destination.
 
Says the sage that voted twice for the administration that got us in this mess. Thanks but no thanks for your expertise. Your ability to predict outcomes has no credibility. If you want to stop a mess up like this next time, vote for somebody with a bit more fiscal responsibility.

Why are you attacking him for who he voted for? :confused:

It is possible to vote for a candidate for multiple reasons, you know.
 
Why are you attacking him for who he voted for? :confused:

It is possible to vote for a candidate for multiple reasons, you know.

Because he is imparting useless, hypothetical wisdom, under the guise of expertise. His expertise is in bushonomics, the useless study of ignoring the costs of war, dropping the exchange rate to 1%, cutting taxes while escalating war, encouraging more consumersim to help the economy, and that a weak dollar is a good thing. And whatever the reason the first time, the second time shows he doesn't know anything about economics. Nothing George Bush did in his first term was good for the economy, and half of America knew it... even the conservative half.

Now we get his simplistic... "if we hadn't given billions to the banks, the world would have ended" bull, which is exactly what out representatives were told, except they were told they had three days. They passed the bill over 2 weeks later, and in that time, there was no depression. He is nothing but a mouthpiece paid for and funded by teh federal reserve, trying to keep himself employed by spouting lies to the American public, that we need and people like his' expertise. We don't.

Furthermore, now they are all, (including JH), claiming that we have been saved, the same stupid optimistic poop that got us in this mess in the first place. Now we are worse off than ever, it is only a matter of time before we understand the gravity of the stupidity of "experts" like JH.

Every tiume I read his stupidity, I get incensed he is anywhere near our money. I would wish Obama would drop him like a rock, but I know OBama is dead set on not only continuing bushonomics, but greatly expanding it. Keynesianing us to death. The biggest reason why Keynesian economics is so popular, is not because it works, but because it is great for democracies, that only think in two year cycles., and it can keep passing the debt off to the next generation.

But it doesn't matter any more. Its only a matter of time before the words typed here and the acrimony displayed is nothing, and the real problems hit the streets.
 
Are you an economist?
 
Are you an economist?

and, that...

...is why I hit him where I did.

Just because he is, regardless of his actions, or his stupid economic philosophies, he gets extra weight to his opinions. Attack that "expertise" and you "attack him directly".

Seriously, G.W.B. twice! and you are an economist!?? How much stupider can you get?

I am not an economist, but I must be more educated and more economically advanced than him, because I knew better than to think GWB was good for the country.

Of course, all the optimist fools who were running around saying everything was great a few years ago, are continuing to threaten us with worldwide calamity if we don't let them fix their "mistakes", brought on in large part by their disgusting lifestyles robbing the pension plans and 401ks of their clients, and mortgaging the future of every man woman and child in the U.S. for political capital to keep GOP scum in office to continue to rob us blind through war profiteering, then move to Dubai and laugh while $12 T evaporates in thin air, and it literally is taking an act of congress just to get a peak at where all this money is going. It's disgusting, and I have no respect for anybody with their greedy little hands on it.

Moderator Action: Serious flaming
Please read the forum rules: http://forums.civfanatics.com/showthread.php?t=422889
 
Neo,

Your flaming aside, I never claimed that we had been "saved." There are economic cycles, regardless if one uses Keynesian, RBC, Chaos, etc. Further, it is a clear and demonstratable fact via the data available that we were within hours of a moment of worldwide financial illiquidity. Whether one is liberal or conservative, anarchist or socialist, THAT is a bad moment that NO ONE wants.
 
Neo,

Your flaming aside, I never claimed that we had been "saved." There are economic cycles, regardless if one uses Keynesian, RBC, Chaos, etc. Further, it is a clear and demonstratable fact via the data available that we were within hours of a moment of worldwide financial illiquidity. Whether one is liberal or conservative, anarchist or socialist, THAT is a bad moment that NO ONE wants.

What is this double speak? "I never said we had been saved, I just said we avoided being totally and utterly destroyed?" You just denied you said something, and then reiterated what you just denied you said!



Same useless, blackmailing rhetoric. Give us 700B, or chaos will reign. I'd rather America held hostage by terrorists... they would only demand a couple million, maybe one hundred million, maybe one billion. Funnily, they have been created by the bankers too. The bankers funded the wars and the CIA overthrows and all the other garbage America has been involved with over the years. When they smell blood, they see dollar signs. They provided the backing and cash for the war, that they got from Americans, either via trusting them to invest it for them, or buy borrowing from all of us. We have to pay for everything, and more. So even if it were terrorist.. it would still bankers and the politicians they sleaze around with's fault! I am tired of these people always coming out on top. They come out on top after every war, every depression, no matter what, the rich always get richer, and I am sick of it. When it finally does fail, they just pull their strings in washington to rob us blind, and then tell us its for our own good! In what sick world!? It's for their own good. Not just because it guarantees a continuation of their lifestyle, but because it keeps them from receiving the justice that is due them.

And they said we were within hours, just like you. They were proven wrong, because it took two weeks, and lots of arm twisting, until they got what they wanted. Two weeks is over 300 hours!! They were telling us we had less than 72. It had to be passed by Monday, they said, after presenting it Friday (that's the day you hope the news will ignore your robbery attempt) Had nothing been done for 4 more months, we still would not have had martial law.

And if we had, I just can't honestly say I would feel bad for seeing angry people who had slowly over the past decade had all their money robbed from them by ludicrous lifestyles of bankers and hedge fund managers and bond traders... dragging the theifs and managers from their high rise crystal towers and burning them in the streets. They all deserve life sentences. What they are fighting for is to put off the calamity until they can get away, (most of them already have, most CEOs are now in the unenviable position of taking the heat for their predecessors)

Now, defend yourself. What was it about GW Bush's economic policies in 2004 that made you vote for him again? This ought to be interesting. I mean really... I am giving you the benefit of the doubt for 2000... but 2004 is inexcusable for an "economist".
 
Except that the banks can't fall without falling on top of the rest of us.....

Yeah we need them. We need their $400,000 massages and paper shuffling. We need to be robbed in a continuous downfall of $12T. It will never stop... and I know your opinion Cutlass... you think, "hey, whatever it takes, as long as we are kept safe" You have said it many times before when I asked you when does it stop. You don't care how much it is, and you have the delusion of believing that eventually, somehow, if we throw enough money at it, it will go away.

You cant even see that $12T is already a disastrous amount. You are just fine with $60T more debt, because you have been fooled by the experts. You would rather beleive that giving them $60T or $100T or $1 Quadrillion would be worth it. You dont even think the numbers mean anything anymore. Everytime another $100B is printed up and pissed in the wind to cover up book keeping shennanigans, you breathe a sigh of relief. You think it's all to help us.

When have you ever met a multimillionaire willing to give you $100? So why should we be giving them "whatever it takes?" they would never pay us the same courtesy. What bank would bail me out if I ran into trouble?

And here is the punchline:

We give them Trillions to bail them out. We don't have trillions, so we have to borrow it, with interest. Guess who we are borrowing it from?

:mad:

For loaning them money, we have to pay them back, with interest!
 
Nope, you are borrowing it from China.
 
Well write them a letter and charge them 24 pounds for it.
 
Yeah we need them. We need their $400,000 massages and paper shuffling. We need to be robbed in a continuous downfall of $12T. It will never stop... and I know your opinion Cutlass... you think, "hey, whatever it takes, as long as we are kept safe" You have said it many times before when I asked you when does it stop. You don't care how much it is, and you have the delusion of believing that eventually, somehow, if we throw enough money at it, it will go away.

You cant even see that $12T is already a disastrous amount. You are just fine with $60T more debt, because you have been fooled by the experts. You would rather beleive that giving them $60T or $100T or $1 Quadrillion would be worth it. You dont even think the numbers mean anything anymore. Everytime another $100B is printed up and pissed in the wind to cover up book keeping shennanigans, you breathe a sigh of relief. You think it's all to help us.

When have you ever met a multimillionaire willing to give you $100? So why should we be giving them "whatever it takes?" they would never pay us the same courtesy. What bank would bail me out if I ran into trouble?

And here is the punchline:

We give them Trillions to bail them out. We don't have trillions, so we have to borrow it, with interest. Guess who we are borrowing it from?

:mad:

For loaning them money, we have to pay them back, with interest!

If you really feel that way, you should welcome massive inflation.
 
I ment the billions of dollers they stole.

And there should have been much better laws to both stop that and punish it. Unfortunately there was a concerted effort to persuade and bribe elected officials that it was a good idea to deregulate finance.
 
So private companies printing money would be better then?

Which company should I get my cash from mickey mouse money or daisy duck money?
 
Top Bottom