DISQUS

robert108 · 9 months ago

It has happened every time it has been tried. Every time.

perryper · 9 months ago

It mean Patience ^^

Buzz · 9 months ago

[quote]--beginning next year when much of that stimulus package is spent--[/quote]

Hmmm, not too long ago, the argument was that it would be spent too slow. That it would take years to implement the programs, so what would be the point. Citing sources from both sides of an argument, only to help make any given point seems a little lame.

Bat One · 9 months ago

[quote]Citing sources from both sides of an argument, only to help make any given point seems a little lame.[/quote]

Buzz,

The misstatement was by Emily Kaiser, staff writer for Reuters. It's safe to assume that she was referring to the entire "stimulus" effort, including TARP funds, and other Treasury and Federal Reserve facilities as well, and not just Obama's ill-advised "stimulus and recovery" legislation.

The likelihood of a second, deeper recession brought on by the enormous increase in wasteful public debt and the states' inability to continue to fund the assorted "recovery" programs on their own is a very real one... and one supported by the history of past efforts to spend our way out of recession.

You should practice reading more.

DINO · 9 months ago

And if he did nothing you'd bitch about that too. You're just bad people. Sore losers. Cranks.

Tell me Rob, if McCain had been elected, what would life be like? Would the stock market have rocketed to 14K from 8K? Would Bear Stearns, Merrill Lynch and Lehman Brothers resurrect? Would AIG become solvent and pay back the money? Would the world economy magically recover? Would housing return to the heady days of 2005?

You have a cute kid. Why do you want to see cultural meltdown? Do you think her life won't be affected? Is your bitter disappointment and desire for failure over losing an election worth seeing her future diminished?

What is wrong with you people?

robert108 · 9 months ago

[quote]And if he did nothing you'd bitch about that too.[/quote]

Wrong again, dumb little dinostem! If had let our economy do what was necessary, we would already be in recovery. You are ignorant of the fact that he promised to do everything; that was the basis of his claim to be President, that he was going to "fix" everything. He has tanked the Dow to Clinton levels, thus wiping out 8 years of Bush economic gain, in just over 40 days; he really "fixed" it, didn't he?

Rob · 9 months ago

[quote]Hmmm, not too long ago, the argument was that it would be spent too slow. That it would take years to implement the programs, so what would be the point.[/quote]

Well that was a valid point. Obama was talking immediate stimulus. Pointing out that nothing was going to happen for a couple of years was a good point.

Point out that there will be an additional recession once the stimulus money dries up is an additional valid point.

Brent · 9 months ago

[quote]I and a lot of other commentators as well have said time and again that simply throwing government money at the economy isn't [i]likely[/i] to fix anything.[/quote]

No, I guess logical impossibilities aren't very [i]likely[/i].

Bat One · 9 months ago

[quote]Is your bitter disappointment and desire for failure over losing an election worth seeing her future diminished?[/quote]

Projecting again, Swish? If you actually knew what you were talking about... for once... you'd realize that most conservatives were none too pleased with the choice of McCain last summer, so losing the election in November is a non-issue at best.

Your problem is that you are simply too ignorant to comprehend that we would be just as quick to criticize John McCain if he was foolish enough to offer the same wrong-headed economic policies that Obama is proposing.

You have been repeatedly challenged to produce one shred of evidence that you know what you're talking about, and some historic examples of massive Keynesian deficits having actually had the economic stimulative effect that Obama stupidly keeps saying they will. But you have done neither... a tacit admission of your own shrill ignorance and intellectual dysfunction.

In the end, you just a vile little radical nobody, projecting your ignorance, your disappointment and your self-loathing at anyone who will pay you the least little bit of attention.

suitepotato · 9 months ago

Hey Dino, I want to thank you idiot socialists for the fact that thanks to you, my variable rate mortgage is in no danger of increasing in the next two to three years. In fact, it just went down again to right back where it was when I took it. If this continues, my mortgage this time next year will have dropped another 2 percent. On that trajectory, my mortgage company will be begging me to refinance just to keep it at 5-6% instead of watching it drop to 3-4%. It'll cost less for my mortgage than a single apartment rental and I'll be saving more than $600 a month.

I intend to use that money to start another side business that will make me even more money. Probably also donate some to conservative causes.

So, at least you'll always have conservatives here to keep you occupied.

eneils Bailey · 9 months ago

I think it is interesting that you use a picture or a depiction of Albert Einstein to illustrate the complexities of this situation.
This is not Chinese calculus or Mongolian mathematics, it's just common sense.

Money sent to, and spent by the federal government is a waste.. The return on a dollar of government spending does not approach the return derived from spending though tax cuts in the private sector. Albert once told his brother, Frank Einstein, be careful as to who you vote for.

Peggy McGilligan · 9 months ago

The plot thickens. Bill Clinton made US banks handover 8 BILLION DOLLARS, for "community reinvestment [or socially disadvantaged borrower] loans," in California alone, which could never be repaid. I knew I was seeing something pretty amazing, but these people were just getting warmed up. Anyway, the toxic assets found their way into financial institutions all over the globe. Mr. Clinton even boasts this Robin Hood-like feat in his autobiography. Now California's broke. Again, to understand how dear 8 BILLION DOLLARS is (billion: 1000 millions), ask the man on the street for $5.

Ronald Reagan won the Cold War, by out spending the Soviet Union on defense. The USSR went broke. Reagan used your tax dollar the same way Democrats plan to use 80 BILLION plus tax dollars, to put the Republicans out of business -- achieve a one party system -- with one party rule. Ask Dick Morris. So, why does Barack Obama seem to take lightly the threat of terrorism? Anyone else get the feeling we're being had? Which begs the question; ever notice how the Clinton's take credit for what they do not do, while skirting blame for things they actually do? Before we're all broke, how about some straight answers: http://theseedsof9-11.com

The test of character is not ‘hanging in' when you expect light at the end of the tunnel, but performance of duty, and persistence of example when you know no light is coming. --Vice Admiral James Stockdale, USN (ret.)

DINO · 9 months ago

Yeah Potato, that welfare and unemployment you got helped you come up with the down payment. You probably got a loan guaranteed by Fannie or Freddie, maybe even FHA. Perhaps a program for first time home buyers.

I know how you welfare recipients know how to work the benefits angle.

realtor · 9 months ago

This is a quote worth reading and holding onto...let it sink in! .... "You cannot legislate the poor into freedom by legislating the wealthy out of freedom. What one person receives without working for, another person must work for without receiving. The government cannot give to anybody anything that the government does not first take from somebody else. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that my dear friend, is about the end of any nation. You cannot multiply wealth by dividing it .



The late Dr. Adrian Rogers , 1931 to 2005 ~~