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Obamaconomy!!!

Discussion in 'U.S. Politics' started by Mr. Shaman, Jan 4, 2009.

  1. dogtowner

    dogtowner Moderator Staff Member

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    Recovering ? I would not count those chickens just yet.

    Give back the rest of porkulus. Its done nothing. Pissing away the rest only hurts.

    Health Insurance reform ? Even Dodd says this is anything but a done deal.
     
  2. BigRob

    BigRob Moderator Staff Member

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    This comment seems to oppose a free market based economy... is that what you are espousing?
     
  3. BigRob

    BigRob Moderator Staff Member

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    I agree with you.. My point is just that if we are actually recovering (as many claim) why do we continue to need all this government stimulus. Additionally, if we are not recovering, why then would we continue the failed policies that have not generated a recovery? (ie government stimulus)
     
  4. top gun

    top gun New Member

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    We just have a fundamental difference of opinion... call it a philosophical difference if you will... about the need for stimulus. That goes for The Great Depression and The Bush Recession. That's fine... because good people can disagree.;)

    And sure I think it could be said that the US economy would always eventually recover but eventually is a kinda key word here. If that meant that The Bush Recession would most likely have become The Bush Depression then doing something was critically important.

    And that's what many many experts and people in both the Bush and later Obama administration felt was very possible.

    Coming out of something this bad takes time and there's always a chance of a somewhat common double dip recession if you don't continue programs long enough for various economic factors to stabilize.

    Jobs are what is still lacking and that's what a Jobs Bill targets to address. If they can be green jobs to me that's just an added benefit. I'm for a cleaner environment and things like higher mileage cars.
     
  5. BigRob

    BigRob Moderator Staff Member

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    Of course my side is right. :D

    I fail to see a problem with letting the market actually correct itself. Propping up bubble after bubble is not exactly of a model of economic sustainability in my opinion. Perhaps what is needed in this country to truly get us on an path to economic stability is a depression.

    I think they were wrong.

    When will the spending stop? TARP has become a slush fund to be used for every purpose other than what it was intended for. We cannot maintain these levels of government spending indefinitely, and typically government spending rarely goes away.
     
  6. Mr. Shaman

    Mr. Shaman New Member

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    Yeah....I'm sure all o' the Country's local-merchants would approve o' cuttin'-off all Unemployment-Comp extensions.

    :rolleyes:
     
  7. Mr. Shaman

    Mr. Shaman New Member

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    I'm sayin' it's quite-obvious, what happens, when you Allow The Marketplace To Regulate Itself.



    :rolleyes:
     
  8. Mr. Shaman

    Mr. Shaman New Member

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    What a great-argument for not paying-off a credit-card balance....and, merely make the minimum-monthly-payments, instead.

    :rolleyes:
     
  9. Mr. Shaman

    Mr. Shaman New Member

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    A "conservative"....encouraging anarchy.

    Whatta great-idea.

    :rolleyes:

    I'm sure China would appreciate such a market-correction.

    It'll help them catch-up to the rest o' the World's markets.
     
  10. BigRob

    BigRob Moderator Staff Member

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    ... so you admit you oppose capitalism?
     
  11. BigRob

    BigRob Moderator Staff Member

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    What... the programs I just said we ought to end is essentially government borrowing... aka, adding more debt to the credit card.
     
  12. BigRob

    BigRob Moderator Staff Member

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    How did I "encourage anarchy?"

    As it is, China already devalues their currency and violates tons of WTO agreements. The Chinese economy is absolutely forming a bubble, and they will have a correction, and when they do, expect yet another one here.
     
  13. Mr. Shaman

    Mr. Shaman New Member

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    ....VOID of any-and-all Regulations (like Gramm pushed)?

    You BET!!!!!!!!!!!!!

    Why don't you take your sophomoric/circular-arguments & pack 'em?

    You don't impress me, one bit.

    Your John-Wayne-style logic is tiring.​
     
  14. BigRob

    BigRob Moderator Staff Member

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    First of all, you gloss over most of what Gramm wanted in the banking sector. Throwing all of that aside, the banking sector is not the entire economy, nor is the banking sector what over a trillion dollars of "stimulus" went to address....

    I am certainly devastated that I do not impress you...
     
  15. asur

    asur New Member

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    Obama Chicken's come home to roost oo the new earning season 1/11/2009

    PITTSBURGH (AP) -- Alcoa Inc. on Monday reported a smaller net loss for the fourth quarter, though revenue shrank as higher metal prices were offset by ongoing weakness in aerospace, construction and gas turbines businesses.

    Alcoa's quarterly performance marks the unofficial beginning of the earnings season for S&P 500 companies, and it can be a sign of things to come. The report was released after the market closed and Alcoa's shares fell in aftermarket activity.

    NEW YORK (AP) -- Video game publisher Electronic Arts Inc. cut its full-year guidance on Monday, as ongoing weakness in its game disc sales didn't ease up over the holidays as the company had hoped.

    The news sent shares down sharply in extended trading.


    Games aren't even selling!

    Just wait till the Obama tax increases start kickin in this year!

    It's gonna get bad in the real world.
    It's called CHANGE!
     

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