Catatonic
Nine Lives
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Obama Lied, the economy died
- Thread starter brett636
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av8torntn
Well-Known Member
At the 2009 Conservative Political Action Conference (CPAC), sponsored by the American Conservative Union, Limbaugh gave the keynote address and received CPAC's "Defender of the Constitution" award. In presenting the award, author Brad O'Leary stated that "the only way we will be successful is if we listen to Rush Limbaugh."
Babagounj
Strength through joy
This is only happening because some poll said Rush was unknown to the current 20 yrs old, which seems to be O's main support group. So the mighty O attacks this radio guy as an easy target. Now for the upside to all this El-Rushbo is more popular than ever. Why everyone who follows the news knows his name and where he stands on the issues. Including the invite to the mighty O to debate one on one.
That I'd pay to see, the radio guy vs the ? guy.
How has the Might O attacked Limbaugh?
The only thing he said was: "You [The Republicans in Congress] can't just listen to Rush Limbaugh and get things done."
That's not much of an attack, dude.
Especially, when Limbaugh had previously said he was trying to prevent the President's plan for economic recovery from working.
Limbaugh is a traitor, who should be hanged.
The economy died when the government gave AIG the first bailout. The first AIG bail out started this unprecedented economic systemic effect. The great estiblished bluechip compaines are starting to die. To make money in this new market you have find the compaines that will become the new AIG,Lehman,GM,BOFA, CITI. etc.
Dude, don't get hysterical. The economy hasn't died. In President Obama, we have a leader with the skills to deal with the complex economic problems we're facing right now.
Babagounj
Strength through joy
Now who started & continues to attack...why guys from the White House.
El-Rushbo stated that he hoped the plan failed, not that he was "trying to prevent ".
Saying that he " is a traitor, who should be hanged. " is just plain weird.
Having the right to disagree is part of the American Culture.
Now that is the funniest thing I've heard all day.
tieguy
Banned
not necessarily irrational. if you believe the presidents policies are bad for this country then why would you want him to succeed?
chev
Nightcrawler
Smart arse.
chev
Nightcrawler
Since when is it acceptable for the president to "call out" private citizens on what they talk about freely over the air waves? Why has O been doing this? He did it with Hannity too. I think it is unbecoming of a president to act this way. Bush NEVER commented on a private citizen's speech.
Hanged? Isn't that a tad extreme there, Commandant? Go back over Limbaugh's speech and stop the liberal tactics of taking things out of context.
Liberal agenda.....end free speech
Ahhhhh, liberal comedy. It gets me every time. Please stop. My stomach hurts from laughing.
wkmac
Well-Known Member
Speaking of economists, the one who has the ear of the Obama adminstration in Paul Krugman wrote an op-ed yesterday for the NY Times suggesting that data shows the current economic plans are not working but not because of to much intervention but not enough.
read entire op-ed
Chev's right. It seems you can find "many economists" to support anything.
Many economists agree that Over9five should bring his lunch to work everyday to save money.
Many economists agree that Over9five should buy his lunch on-road to stimulate the economy.
Many economists agree that Over9five should skip lunch cuz he's too fat.
Many economists agree that Over9five should bring his lunch to work everyday to save money.
Many economists agree that Over9five should buy his lunch on-road to stimulate the economy.
Many economists agree that Over9five should skip lunch cuz he's too fat.
wkmac
Well-Known Member
Chev,
Not pointing you out specifically but your comments make me think of times and actions past.
When republicans ran the show and voices of opposition appeared, it wasn't uncommon to hear the hues and cries of foul with charges of being unpatriotic, in some case treasonous or some other claim of devilish motive. Republicans along with many democrats made some actions that many consider potentially useful in smashing free speech and free expression but they never went so far as to push regulating radio although there was a quiet consideration of some manner of the internet but most of that was aimed towards democrat actions as they used the internet very well to move their message. If republicans dominate radio as some suggest (I personally don't buy that) then it can equally be said that democrats/liberals/progressives control the interent. Not really but they used this tool effectively to advance their agendas.
Now the shoe is on the other foot and I know the title of the thread concerns Obama's lies and I agree, IMO he has lied as well but at this point he's been public that he opposes bringing back the fairness doctrine. Now that could change as obviously he has bigger fish to fry right now but as they say, keep your powder dry!
Henry Waxman recently was a lead dog in the fairness doctrine but it came to light that he was also himself considering the internet as well. This raised the hackles of many liberal/progressives so Waxman and Co. pulled in the horns and just tended to their fires instead. However, republicans now had their boogeyman to serve as the useful tool so why let sleeping dogs sleep?
Truth is, both sides play this political game of using boogeymen, straw men and red herring to drive the masses and it works pretty effective too. While republicans have you guys busy about worrying with the fairness doctrine, you won't be looking at the republican $700 bil alternative to Obama's plan, nor will you notice how a lot of it was incorporated into the final plan and that once republicans knew deomocrat votes would pass the thing, they could oppose at the vote but then reap the benefits of the earmarks and spending back in their own districts. Nothing new, Bush gave democrats all kinds of treats in his 8 years in office to get them in the game so he could move forward with his own agenda. Democrat voters however weren't minding their own store and democrat leaders got away with the same con job.
Democrats have an advantage in sheer numbers that republicans didn't have but this actually works out for republicans now as they can have their cake and eat it too. Increase the size and scope of gov't setting themselves up for when they get power back and letting democrats take the fall as they have all the votes. Republicans have to be singing that great Louie Armstrong piece, "What A Wonderful World!"
It ain't just Obama in Washington that lies so watch em' all like a hawk!
As for Limbaugh, Hannity and the like? All this serves as a PR goldmine. It will be interesting to see the ratings of these guys for the last several months as they've managed to hype this issue to benefit their own ratings and thus put ad monies into their pockets. I recently heard a local political insider who stated that Obama and team are hyping Limbaugh and conservative talk radio as a means of bubbling the industry and then taxing it and paying down the deficit.
Obviously said in fun and jest but there is no argument talk radio is benefitting from all this PR. Democrat plans for their own "new" or is it "old" boogeyman could in some respect backfire. Rush is a blowhard carney midway game hawker but he's not always wrong either. While he's promoting the likes of Bob Higgs and FA Hayek, bombastic blowhard Glenn Beck is promoting the likes of Peter Schiff, Ron Paul and the Mises Institute at every turn. The danger is fariminded people actually checking these things out and then both republcians and democrats have a problem!
Me loves that idea!!!!!!Gov't is like the snipe hunting. The goal for them is to get you out in the darkest of woods with no visible light while they having you diverted, they seek to feed themselves like hungry beasts and more often than not, you end up the main course without even realizing it.
Not so much scumbag traitors. These men are Capitalists! As Wkmac said, everything they say against Obama makes them money! They may not even believe half the crap they spew, but say it to increase their wealth.
Obama should stop taking shots at them from his pulpit, and debate them face to face, man to man.
wkmac
Well-Known Member
Over,
The problem is not to many economists nor to many economists with different POV, the problem is State control over economics for it's own ends and then using economists to drive this idea across the entire system. Your above 3 examples are all equally valid and in fact actually represent the economy some what.
If your little personal economy is tight, then bringing your lunch to save makes sense. Also the 3rd option of no lunch at all serves not only to thin your waistline but could also serve to fatten your saving account. But using these 2 examples of your personal life on a broad scale, what would need to happen if many people found themselves in their own tight economy and decided to bring lunch or even skip lunch to saved money or grow savings? Seems reasonable right?
Well what happens when this idea catches on, and this lack of consumption does the following. The saved money is used to paydown debt or goes into a saving account and in either case doesn't get spent back out into the economy. Your saving the price of lunch for your own benefit may actually harm the larger economy as the resturant owner doesn't add to his profits, the cook isn't paid and the waitess gets no tip. But look closer.
In order now to bring you back as a customer, the owner must drop his/her prices, cook lowers his wage and waitess accepts less tip in order to compete with the economic balnace of your personal economy. But there is a 3rd and great interest hidden here and this is where the rubber meets the road in all of this.
You may benefit by paying down debt just as it would benefit all Americans to paydown debt but this creates the nightmare scenario for the great hidden hand. If the resturant owner reduces profits, the cook reduces wages and waitess reduces tips to gain your business, the gov't also recieves a reduction in tax revs. As this all happens, the dollar actually gains strength as it now buys more than it did before. This is good in one sense for trade but also for the poor and fixed income but here's where it get's really messy.
The state run economy bases itself of the idea of debt and one of the beliefs is that debt is OK no matter what the level as long as the debt to GDP ratio remains low. But what happens to GDP in your little economy regarding the local resturant? As prices drop, debt does not so as a ratio to their own GDP if you will, debt service becomes a larger and larger factor and if they are unable to somehow manage that debt, the resturant has to close and enter Chapter 7. In booming times of high profits, debt can get very cheap and even seductive so the borrower tends to over extend but if the economy is overheating, the debt resets to the cheap again and therefore people borrow even more. Gov't likes this because tax revs go way up beyond normal and instead of them paying down debt which would cool of the overheating, gov't spends money on giveaway programs to circulate back into the system. Everyone loves this cycle of good times but laws on economics show at some point a peak will hit and then as fast as it went up, even faster it will come back down. To make matters even worse, gov't policy manipulate interest rates that stimulate borrowing and discourage savings all to keep the economic heater fed.
On a broader scale, private debt in this country is beyond reasonable measure and therefore the need to paydown debt is obvious. This belt tightening places pressure to drop prices which also effect company profits and on a longer term basis place pressures on wages. Ask a UPS manager about his wage pressures and don't think for a moment if this wears on, we won't come into play either at some point. All this is a 2 front assault on the third hand of economics in the form of gov't as first the reduction in tax revenues and to add insult to injury the out of balance debt to GDP ratio so many wrongly IMO cling too. The reason the wrong is evident right now.
Gov't is now forced in order to preserve it's own self interests over yours to push you back into consumerism to keep the float going and also gov't is turning on the printing presses of money in order to use inflation to rebalance the debt to GDP because inflation will halt the downward prices and then the price esculation to come will rebalance the grand ratio everyone clings too.
In the meantime, by reinflating the bubble to solve the current criris, they make the bubble bigger and therefore in later years when that bubble busts, the measures to solve that crisis will have be even greater and most lilkely more draconian.
While economics have very fixed laws of cause and effect, the State because of political interests of both sides have manipulated the economy for it's own ends and therefore will now do so to the greater longtem peril of ourselves and coming generations. You can find an economist to advocate almost anything you like but it doesn't negect the known laws of economics. Your situation above is not unlike that of a lot of Americans right now but yet, it's in the govt's best interest that you maintian that condition rather than improving your own personal economy so that being the case, will the decisions of gov't in the longrun truly benefit you or any of us for that matter?
That's something you wil have to answer for yourself.
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