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Debt Limit
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07-13-2011, 08:30 PM | #89 | |
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07-13-2011, 08:49 PM | #90 |
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^^^ You're very wrong. Some things should be government operated. So you believe that the military should be privatized as well? Why'd Obama have to privatize the space program instead of say the post office? You don't believe our enemies can corrupt some of NASA's lead operators to make them spill any information about new weapons being created or manufactured? I'm just saying that Obama made us lose a 60 year old technological war. And not one person in Washington said something against this.
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07-13-2011, 08:54 PM | #91 |
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you kids are silly...hating on Bush and Obama is ludicrous...dont ya get it?...they are all the same...has our national debt actually gone down other than a few brief moments???...you really think Obama is acting on his own?...he has a master like we all do...so did Bush...wake up people, those who control the money supply control our society...a lesson we will all learn soon enough.
The "issues" dont matter...people are spoon fed garbage we call the news, which is controlled by big media and fortune 500 co's...all major news co's owned by a company running a amusement park?...a airplane engine company?..hmm...85% of elections are won by the candidates who spend the most, which proves the issues dont matter...95% of americans didnt support the bailouts but it happened....majority didnt approve of Obamacare yet it happened...the politicians could give two sheets about you, now that is the cold hard truth. Like all good crime mysteries, follow the money. Obama has lied about dozens of things, but so did every president before him...so I dont him, I fault the system. You want real growth and stability?? 1. cut taxes for all...promote small businesses 2. reduce the size of govt 3. reduce welfare, people by nature wont be motivated when someone "provides" for you 4. seperate banks from investment houses 5. back the currency by a metal 6. give businesses incentive to invest in america instead of wiping out the middle class 7. go back to mark to mark accounting 75% of our GDP is based on consumer spending yet when we went started the recession, who got the 5 trillion?...banks(and foreign ones too) and insurance co's...why?...thye could have just given 18K to every american instead and I guarantee you this would have stimulated the economy...but we pick a way that "hopes" the trickle down will get to us by giving to banks who gambled away their equity by buying CDS's and mortgage backed securities?...and what did banks do with it, they tightened lending standards tighter than ever and gambled the money using their black box quant trading prog's...they also bought interest paying govt bonds as it was guaranteed money since they were getting this money for free(no interest) from the Fed reserve. This is what the govt thinks us people...truth. |
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07-14-2011, 04:09 AM | #92 | |
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- It look a long time to get us into this mess. It's going to take a long time to get us out. - The Republican leadership is more interested in defeating Obama than they are helping the middle class. See McConnell's latest remarks. - The middle and lower classes don't understand that the nonsense the Republicans feed them hurts them and it helps the upper class. - The Republican BS machine works better than the Democratic BS machine. - Most people vote with their heart and wallet, not their brains. They can be manipulated by primitive emotional appeals and scare tactics. Therefore, the biggest problem is that we have an uninterested, uninformed, uninvolved, unsophisticated electorate that is easily MANIPULATED by sophisticated ads that tug at their heart strings and scare them. The net result is that millions of middle class people vote against their interest. It's crazy. |
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07-14-2011, 09:06 AM | #93 | |
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07-14-2011, 09:22 AM | #94 | |
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Their BS has already hurt us: Moodys Reviewing US Bond Rating
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07-14-2011, 10:00 AM | #96 | |
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07-14-2011, 10:49 AM | #98 |
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What, really, is there to say about that which hasn't already been said a thousand times?
I see no credibility in anyone that still believes that, thinks that it's really that simple, and uses it as an argument. Therefore, I did not see any point in reading the rest of what was said. If I was new to the forum, clearly right wing, and the fist thing that I said was "Obama should not be President because he's not a citizen", what would you think?
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07-14-2011, 10:51 AM | #99 | |
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07-14-2011, 12:23 PM | #100 | |
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The thing that most people don't understand is that Moodys and other rating companies don't have to wait until we've defaulted to downgrade our Bond Rating. We could end up with lower ratings, and/or fewer investors buying US Bonds even if we do have a last minute solution. And we don't get our bond rating raised back up automatically just because we finally get out of default. It can stay low for years, causing us to pay higher interest rates on the money we borrow. These interest rates will have to be payed out for decades. Even if the Republicans eventually agree to Obama's proposal for 4 trillion dollars in spending cuts and cuts in tax loopholes, it could cost us MORE than 4 trillion over the following decades just to pay off the higher interest payments on our current debt!! We could end up having to collect MORE in tax dollars just to pay of the higher interest rates, than if we had just spent the 4 trillion dollars in the first place. Thanks Republicans for screwing us straight into the ground by completely fabricating an artificial financial crisis! |
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07-14-2011, 12:29 PM | #101 |
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No you don't, you cheat people and hire illegals. Duh. How else do you become rich? You're telling me you're smart or something and have worked 16 hours a day without sleep and peace of mind? Yea right. But in all seriousness, Obama has a thing against the wealthy and prosperous because he doesn't believe it's fair to be rich. He wants income distribution and the first way to do it is create universal healthcare which he already has.
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07-14-2011, 12:31 PM | #102 | ||
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07-14-2011, 12:35 PM | #103 |
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A long time to get us out of this mess? Yea, it'll take even longer because of Obama and his increasingly continued spending. Explain to me how we will fix our debt if we continue spending like there's no tomorrow? The democrats want to spend more to lower the debt? WTF?!?! A lot of common sense is missing in their mind.
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07-14-2011, 12:46 PM | #105 | |
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07-14-2011, 01:05 PM | #107 |
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I thought about responding with this but it was just so plainly obvious that I did not.
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07-14-2011, 01:37 PM | #108 | |
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Obama has not expressed any of the thoughts, feelings, or qualities you claim. Please stop pretending to state things that "Obama thinks", when it's obvious that these are just things that YOU feel about him, democrats, or anyone who doesn't agree with your crazy ideas. And this includes your hatred for Michelle Obama, a non-politician who has no bearing in these discussions. We've had a graduated income tax for decades, and for a good reason. At times, the upper rates have been higher than they are now, such as when Reagan was president. This is the way our country works - get over it and move on. Our debt limit has been raised 100 times by every modern president, and now it needs to be raised again - get over it and move on. Speaking of Reagan, the first 3 years of his presidency saw uninterrupted skyrocketing of unemployment during that period. We are doing better than that, and in addition, our recession ended in June 2009, and the stock market is up 100% (along with corporate health). So explain to me how our economic policy has "failed", other than to chalk it up to hate? |
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07-14-2011, 03:33 PM | #110 | ||||
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And lets not pretend that its the Republicans fault that we are at an impasse on debt talks. Republicans and Democrats were well on their way to a deal before El Heffe Obama stepped in, requiring tax increases. This mess is his fault. In fact, Republicans have offered him, on multiple occasions, short term debt limit increases so that they can hash out a proper bill, which Obama has declined to accept. He is the one screwing up our debt limit discussions, he is the one being intractable. All republicans said was that they wanted budget cuts to go along with a debt limit increase, and they suggested it when there was enough time to take care of things properly. Its been presidential intransigence since then that has screwed things up.
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