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Bold Predictions about the Debt Ceiling

Discussions about the economic and financial ramifications of PEAK OIL

Re: Bold Predictions about the Debt Ceiling

Unread postby Pops » Mon 01 Aug 2011, 08:16:34

$this->bbcode_second_pass_quote('pup55', 'I')n the case of the Republicans, they manage to get 100 electoral votes every time by convincing the hillbillies in the US SE that they should vote against their own economic self-interest because of "values", i.e. religion, guns, abortion,

It amazes me. Here is about the only detail I could find about the current deal:
$this->bbcode_second_pass_quote('', 'Y')et it appeared Obama’s proposal to extend the current payroll tax holiday beyond the end of 2011 would not be included. Nor would his call for extended unemployment benefits for victims of the recession.
...
Opponents of the Bush-era tax cuts for upper-income wage earners will be unhappy they were not eliminated.

http://www.washingtonpost.com/politics/ ... story.html

We've been seeing negative ads on TV aimed at Clair Mccaskill (D-Mo) up here, for weeks already. It takes a lot of money to keep up the illusion.
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Re: Bold Predictions about the Debt Ceiling

Unread postby SpringCreekFarm » Mon 01 Aug 2011, 10:44:17

$this->bbcode_second_pass_quote('Cog', 'I') don't if he does but I do
Image

What I find interesting about this graph is that way back when Reagan took office you see the debt really start to grow. After his term, you see that Bush 1 kept that same trend at almost the same accelerated rate. When Clinton took office you notice that during his term, the graph starts to round off and flatten out a little giving the impression that things were starting to change for the better. Of course after Bush 2 came in you see that line jump skyward again increasing the debt ever skyward.

Along with this accelerated debt, the table was set for the next president to have to deal with:
An over extended war in Afghanistan.
A war based on lies, in Iraq.
A Medicare drug plan that was meant to enrich the drug companies.
Two tax cuts that were meant to gain Bush political capital but ended up sending the revenue stream on a downward trend at a time when the wars were draining the coffers.

So.....................? Let's be honest here........... Who IS responisible for the debt in the USA? NO REALLY....WHO IS IT? Don't try any kind of bulls*** false equivalency here. IT IS THE CONSERVATIVES IN THE COUNTRY!!!!!

By your own graph, Cog, it is the Conservative (compassionate) Republicans. It is the soul-sucking, mooch-class conservative, bible-thumping hypocrites that are destroying America.

So after taking office in early 2009, Obama has had to deal with a country that is so freaked out that Bush was SO HORRIBLE of a president that the country had the NERVE to put a black man in the white house that it caused an uprising of the grass-roots "patriots" that are so beholden to the "Founding Fathers" constitution that they deem it necessary to cause enough chaos in the USA to flip out the electorate to make sure they get the 'sum-bitch' the hell out of there, lest the Rapture occureth.

This latest manufactured crisis is just another sign that hard right-wing Republicans will stop at nothing to get Obama out of office so they can put another team of corpratists in that will further degrade the USA and spiral it into the abyss. But hey....they might finally get rid of unions, abortion laws, Medicare, Medicade and Finally get their hands on Social Security.

This time though, they almost bought the farm instead and owned it themseleves. Whew! Wow. Nice graph. Glad it stopped at 2009.

Edit: Graph stops at 2009 not 2008.
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Re: Bold Predictions about the Debt Ceiling

Unread postby AgentR11 » Mon 01 Aug 2011, 10:49:27

$this->bbcode_second_pass_quote('pup55', 'I')n the case of the democrats, it is at least intellectually honest: The voters are voting themselves benefits from the treasury. Vote for me and I will give you money. In the case of the Republicans, they manage to get 100 electoral votes every time by convincing the hillbillies in the US SE that they should vote against their own economic self-interest because of "values", i.e. religion, guns, abortion, while at the very same time, the majority of welfare recipients in the US are white. True. .


If they got on their knees in the House of Representatives and begged forgiveness of the hillbillies for the crimes and disrespectful, meanspritited attitudes that they have directed their way, maybe the Democrats could get them back. An "I'm sorry, we didn't mean to trample on your most precious of Constitutional rights and we'll never do it again." might go a long way to getting those votes back. Many used to vote Democrat, heck, I used to vote Democrat. Its funny, the Democrats ridicule the hee haw'esque culture at every turn, stomp on what those folks cherish, and expect to be able to buy them off with a few hundred bucks a month. Not a chance in h...

Show some respect towards what other people cherish.
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Re: Bold Predictions about the Debt Ceiling

Unread postby PrestonSturges » Mon 01 Aug 2011, 10:55:32

$this->bbcode_second_pass_quote('SpringCreekFarm', '
')What I find interesting about this graph is that way back when Reagan took office you see the debt really start to grow. After his term, you see that Bush 1 kept that same trend at almost the same accelerated rate. When Clinton took office you notice that during his term, the graph starts to round off and flatten out a little giving the impression that things were starting to change for the better. Of course after Bush 2 came in you see that line jump skyward again increasing the debt ever skyward.

Along with this accelerated debt, the table was set for the next president to have to deal with:

An over extended war in Afghanistan.
A war based on lies, in Iraq.
A Medicare drug plan that was meant to enrich the drug companies.
Two tax cuts that were meant to gain Bush political capital but ended up sending the revenue stream on a downward trend at a time when the wars were draining the coffers.

So.....................?
Let's be honest here........


The Oslo terrosist said he was fighting "cultural Marxism," which is the imaginary Jewish global conspiracy to, you know, ask questions and not just suck down the propaganda. American conservatives also attack "cultural Marxism."

Here's how it works - ask a question and you are part of the conspiracy. And according to people like Anders, you are oppressing him so badly you should be killed on sight.
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Re: Bold Predictions about the Debt Ceiling

Unread postby Plantagenet » Mon 01 Aug 2011, 11:04:00

$this->bbcode_second_pass_quote('pup55', 'I')n the case of the democrats, it is at least intellectually honest: The voters are voting themselves benefits from the treasury.


At least be intellectually honest enough to admit that the treasury is empty.

What the democrats stand for is borrowing more money from China to pay the interest on the debt they've already borrowed from China.

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Re: Bold Predictions about the Debt Ceiling

Unread postby prajeshbhat » Mon 01 Aug 2011, 11:19:30

$this->bbcode_second_pass_quote('', '
')If they got on their knees in the House of Representatives and begged forgiveness of the hillbillies for the crimes and disrespectful, meanspritited attitudes that they have directed their way, maybe the Democrats could get them back. An "I'm sorry, we didn't mean to trample on your most precious of Constitutional rights and we'll never do it again." might go a long way to getting those votes back. Many used to vote Democrat, heck, I used to vote Democrat. Its funny, the Democrats ridicule the hee haw'esque culture at every turn, stomp on what those folks cherish, and expect to be able to buy them off with a few hundred bucks a month. Not a chance in h...


There you go. The constitution is the new bible. Its the new means of crowd control. It used to be the real bible, but anyone with the reasoning skills of a 5 year old can find logical flaws in those teachings. So they came up with something just slightly more sophisticated - the constitution.

http://www.youtube.com/watch?v=hWiBt-pqp0E
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Re: Bold Predictions about the Debt Ceiling

Unread postby AgentR11 » Mon 01 Aug 2011, 11:28:02

So, if you do not respect what others cherish, why would they vote for you?
If you ridicule them at every turn, why would they vote for you?

What the democrats offer in terms of economic assistance isn't even in the ball park of what it would cost to buy these people.

Put in other words, you would rather demean and trample on these folks, rather than have their vote, simply because they prefer to live a lifestyle you can't understand. They're no threat to anyone, nor a threat to power. Just admit it, yall do it for pleasure.
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Re: Bold Predictions about the Debt Ceiling

Unread postby Pops » Mon 01 Aug 2011, 11:29:15

One thing I find curious is how the dems have retreated or at least become mostly silent on many of the social issues that still consume the guns and bible crowd, like guns and gays and abortion and even civil rights somewhat.

I kinda think it's partly because dems are younger and not particularly interested in the old battles. Not that they don't have their own biases but like the Turning people say they are just more pragmatic than the boomers.

Too, I think Bush II focused dems attention on the more real dangers from the right's trend toward "nation building" and "homeland security" and "corporate personhood".

Or maybe I'm just projecting because those things worry me 8)
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Re: Bold Predictions about the Debt Ceiling

Unread postby prajeshbhat » Mon 01 Aug 2011, 11:42:29

$this->bbcode_second_pass_quote('', '
')So, if you do not respect what others cherish, why would they vote for you?
If you ridicule them at every turn, why would they vote for you?

What the democrats offer in terms of economic assistance isn't even in the ball park of what it would cost to buy these people.

Put in other words, you would rather demean and trample on these folks, rather than have their vote, simply because they prefer to live a lifestyle you can't understand. They're no threat to anyone, nor a threat to power. Just admit it, yall do it for pleasure.



Most people don't vote anyway. And there is a reason for that too.

http://www.youtube.com/watch?v=xIraCchPDhk

It's their guilt that makes them vote democrat, but deep down they all are craving for a rich republican to rule them like a king.
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Re: Bold Predictions about the Debt Ceiling

Unread postby AgentR11 » Mon 01 Aug 2011, 11:50:30

$this->bbcode_second_pass_quote('Pops', 'I') kinda think it's partly because dems are younger and not particularly interested in the old battles. Not that they don't have their own biases but like the Turning people say they are just more pragmatic than the boomers.


If they were pragmatic, they could swallow their pride and make an apology that would count. Fortunately for my team, they aren't pragmatic at all. They're hotbuttons have simply shifted. I think the younger dems are more likely to see the lack of unionization in the broad private economy, and growth of corporate power as more important changes over the years, than they are on whether a rifle can have flash suppressor and foldable stock at the same time; or whether a handgun should be allowed to have a 15rd magazine instead of 10rd.

A pragmatic Pelosi would get on the floor and ask forgiveness from those who feel they were trampled on. Instead, she stands there like a doofus thinking, "Jee, don't those guys know I want to give them $200/mo more than the Republicans do? Why won't they vote for us?"

Now, being on the opposing team, I'm kinda glad she's a doofus; but sometimes,you just can't help but critique the play of the opponents when its so horribly bad.

Example of bad play to never forget: Dem Pres, Dem House, Dem Senate... NHS? nope. *FAIL*
What'd ya get instead: Health Insurance Company bailout legislation, completely removed their only vulnerabilities. lol

$this->bbcode_second_pass_quote('', 'O')r maybe I'm just projecting because those things worry me 8)


No, I think that's a reasonable call; though a good majority of the Dems are very pro-corporate as well in their actions.
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Re: Bold Predictions about the Debt Ceiling

Unread postby AgentR11 » Mon 01 Aug 2011, 12:04:31

Love Carlin, great video but he is wrong, but doesn't discuss why. As much as the result may or may not make any difference in what the politicians are like; bean counters at your local county services office use the by-precinct vote counts to decide which areas get priority on pot holes, ditch clearing, bug spraying, etc. They don't really care WHO the precinct voted for, just the over all count.

Why might you ask?

In general, the same people who vote, are also the same people that are likely to call 583 times about dirt blocking the culvert.
That's annoying. Easy solution, clear their culvert first, and they stop calling.
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Re: Bold Predictions about the Debt Ceiling

Unread postby PrestonSturges » Mon 01 Aug 2011, 12:09:43

$this->bbcode_second_pass_quote('AgentR11', '')$this->bbcode_second_pass_quote('pup55', 'I')n the case of the democrats, it is at least intellectually honest: The voters are voting themselves benefits from the treasury. Vote for me and I will give you money. In the case of the Republicans, they manage to get 100 electoral votes every time by convincing the hillbillies in the US SE that they should vote against their own economic self-interest because of "values", i.e. religion, guns, abortion, while at the very same time, the majority of welfare recipients in the US are white. True. .


If they got on their knees in the House of Representatives and begged forgiveness of the hillbillies for the crimes and disrespectful, meanspritited attitudes that they have directed their way, maybe the Democrats could get them back. An "I'm sorry, we didn't mean to trample on your most precious of Constitutional rights and we'll never do it again." might go a long way to getting those votes back. Many used to vote Democrat, heck, I used to vote Democrat. Its funny, the Democrats ridicule the hee haw'esque culture at every turn, stomp on what those folks cherish, and expect to be able to buy them off with a few hundred bucks a month. Not a chance in h...
Show some respect towards what other people cherish.

The GOP figured out that those states are for sale. Cheap media markets let them buy legislators, judges, even school board members. Then they have those votes in congress, for cheap. Combine that with AM radio and hardly anything except Fox News on their basic cable and flat screens in every public place telling them Missoula Montanna has fallen to Sharia law, and well, Bob's your uncle.

I say start balancing the budget by cutting these area off from the $1.30 they get for every $1 they put in. Then if Massie Coal wants anyone to work in their mines, they can raise wage 50% so that people actually want to live there.

You know nobody gets puffed up with false "pride" like someone that is completely dependent on others. In fact, when see that sort of behavior, start looking for the dependency, as in a drug addict that is sponging off their family.
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Re: Bold Predictions about the Debt Ceiling

Unread postby AgentR11 » Mon 01 Aug 2011, 12:27:48

$this->bbcode_second_pass_quote('PrestonSturges', 'I') say start balancing the budget by cutting these area off from the $1.30 they get for every $1 they put in. Then if Massie Coal wants anyone to work in their mines, they can raise wage 50% so that people actually want to live there.

You know nobody gets puffed up with false "pride" like someone that is completely dependent on others. In fact, when see that sort of behavior, start looking for the dependency, as in a drug addict that is sponging off their family.


No objection here. I dislike redistribution at its core. I disagree with your suggestion that wages would have to go up. They might have to advertise a bit to get workers from time to time, but it won't be that difficult. Too many folks in really tough shape now, small company house and a reasonable wage, they could fill their roster overnight.

NB... We are all dependent on others. Its why people need to learn to respect what others cherish if they wish for their support. Now, if you don't want those 100 electoral votes, keep right on doing what yall are doing.
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Re: Bold Predictions about the Debt Ceiling

Unread postby PrestonSturges » Mon 01 Aug 2011, 12:34:09

$this->bbcode_second_pass_quote('AgentR11', '')$this->bbcode_second_pass_quote('PrestonSturges', 'I') say start balancing the budget by cutting these area off from the $1.30 they get for every $1 they put in. Then if Massie Coal wants anyone to work in their mines, they can raise wage 50% so that people actually want to live there.

You know nobody gets puffed up with false "pride" like someone that is completely dependent on others. In fact, when see that sort of behavior, start looking for the dependency, as in a drug addict that is sponging off their family.


No objection here. I dislike redistribution at its core. I disagree with your suggestion that wages would have to go up. They might have to advertise a bit to get workers from time to time, but it won't be that difficult. Too many folks in really tough shape now, small company house and a reasonable wage, they could fill their roster overnight.

NB... We are all dependent on others. Its why people need to learn to respect what others cherish if they wish for their support. Now, if you don't want those 100 electoral votes, keep right on doing what yall are doing.
And you guys enjoy your dropping life expectancy.

Four less years! four less years!

Also, the new breed of GOP governors are really in this game for personal enrichment, not even funneling money to political patrons, actually just dumping cash straight into their personal accounts. Oh they'll still take the federal money, it'll just never reach your street or hospital. And all the yobs who think they get to be the ones swinging the ax handle cracking Mooslim heads will be shocked to find out that most of them won't make the team, the phantom Arabs are nowhere to be found, that they'll be the one getting the short end of the stick in the glorious new "company town." Oh well, maybe they'll bring back lynching so the new sharecroppers can finally feel like they are getting the "respect" they crave. Not worry though, there will always be jobs in the strip mines, toxic waste dumps, and chicken plants.
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Re: Bold Predictions about the Debt Ceiling

Unread postby EnergyUnlimited » Mon 01 Aug 2011, 12:36:01

I wonder why DOW is down?
Maybe traders don't believe that Congress will pass agreed bill...
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Re: Bold Predictions about the Debt Ceiling

Unread postby AgentR11 » Mon 01 Aug 2011, 12:55:42

Life expectancy? Is this a doomer board, or are we only just pretending for purposes of advancing a political preference?

No, seriously.
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Re: Bold Predictions about the Debt Ceiling

Unread postby prajeshbhat » Mon 01 Aug 2011, 13:07:04

The liberals have done a lot more for the common people than the republicans. It was Franklin D Roosevelt (Democrat) who pulled the US out of depression. It was the powerful labor movements that created the most prosperous society on earth. It was the liberals who fought for social freedoms and equal treatment for gays, women and minorities. Certainly the american social conditions has improved a lot for anyone who is a not a white straight male.
I think Jim Kunstler best describes the problem with the current democratic leadership. These people are very highly educated from the best universities in America. They overestimate their managerial skills and believe that they can solve a complex problem with even more complexity.
$this->bbcode_second_pass_quote('', 'T')he Obama health reform bill only illustrated the fatal weakness of progressive politics these days – the irresistible impulse to address issues of excessive complexity with added complexity. While most of the overt stupidity in our politics resides on the right, an equally disabling hubris and grandiosity reside in the political left. I suppose people who graduate from very selective and expensive colleges, and receive immense reinforcement from colleagues who preceded them there, develop an inflated sense of their ability to effectively manage things, especially complex things. Many of these young, bright people cannot believe that our creaking and foundering systems won’t yield to their managerial tinkering, and the net effect must be to turn them into very cynical careerists with nothing left but personal ladder-climbing and wealth accumulation – hence, the disgusting biographies of figures such as former public servant Lawrence Summers and Mary Shapiro of the Securities and Exchange Commission. The political left in America makes up in cynical cowardly avarice for all the mendacious stupidity on the political right, so we end up at this moment in history with a perfect blend of every bad impulse in human nature and none of the virtues.

Of course peak oil has put brakes on the american economic machine. All of a sudden the blame is on feminists, gays and mexicans. And the democratic leadership is busy as always, finding solutions in legislation, affirmative action and renewable energy. These people are not liberals. Liberalism was radical. Breaking things was their greatest talent. They broke free from the oppressive paternalistic exploitative society and tried to create a better place to live. I hope peak oil doesn't put an end to social progress.
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Re: Bold Predictions about the Debt Ceiling

Unread postby Sixstrings » Mon 01 Aug 2011, 13:11:18

$this->bbcode_second_pass_quote('AgentR11', 'I')f they got on their knees in the House of Representatives and begged forgiveness of the hillbillies for the crimes..


What crimes are you referring to.. voting rights for blacks? Integration? Forcing Woolworth to let blacks eat at the lunch counter?

Let's not pussyfoot around here. The Democratic Party used to be THE Southerner party. Republicans were mostly northerners. But then some northern Democrats started getting ideas on social progress for blacks too.. FDR, later Kennedy and Johnson. Johnson was the last straw and the South was lost forever -- Goldwater and Nixon, shrewd characters, stepped into the void and courted the racial fear vote. And Southerners have been Republican ever since.

And so, while Southerners were once firmly in the "poor man's" Democratic Party, extending working class rights to blacks too was just too much for them. They'd sooner vote against their own economic interest than be in a party with people of color.

Ironically black folks used to be Republican, since it was Republicans who freed the slaves (Lincoln). There were even some black Republican Senators and judges after the Civil War, before the Jim Crow laws got passed.

On the bright side, it's nice there are a couple black folks in the party now. The former GOP chairman, and Herman Cain, etc. But look at the crowds.. they're all white, not very diverse. I heard a bizarre clip the other day, some southern racist pastor calling Herman Cain "a real black man" while Obama isn't. :roll: I wonder what on earth Herman would think of that, do you really want racist support just because you both agree on hating taxes, muslims, and gay people?

I'm not saying Republicans today are overtly racist as in the past, but I am saying there is a very specific reason why Southerners are Republican. That's not anything liberals need to apologize for -- FDR, Truman, and Johnson all did the right thing whether Southerners liked it or not and even though it lost the South for Democrats.

$this->bbcode_second_pass_quote('', 'm')aybe the Democrats could get them back.


I dunno.. maybe a hybrid third party is possible. Get liberal populism right, that means anti-immigration, anti-offshoring, some kind of folksy Ross Perot / FDR hybrid. We're in a depression, we can't get out of this without someone who will take on the rich.

$this->bbcode_second_pass_quote('', 'A')n "I'm sorry, we didn't mean to trample on your most precious of Constitutional rights and we'll never do it again." might go a long way to getting those votes back. Many used to vote Democrat, heck, I used to vote Democrat. Its funny, the Democrats ridicule the hee haw'esque culture at every turn, stomp on what those folks cherish, and expect to be able to buy them off with a few hundred bucks a month. Not a chance in h...


Ya they should give up on the guns issue. Abortion rights are still a sticking point though. These darn cultural issues.. they caused the Civil War.. and are still screwing up our politics.
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Re: Bold Predictions about the Debt Ceiling

Unread postby EnergyUnlimited » Mon 01 Aug 2011, 13:22:03

$this->bbcode_second_pass_quote('prajeshbhat', 'T')he liberals have done a lot more for the common people than the republicans. It was Franklin D Roosevelt (Democrat) who pulled the US out of depression. It was the powerful labor movements that created the most prosperous society on earth.

WW II pulled world out of depression and liberals have built unsustainable Cornucopia which is now falling apart.

$this->bbcode_second_pass_quote('', 'I')t was the liberals who fought for social freedoms and equal treatment for gays, women and minorities. Certainly the american social conditions has improved a lot for anyone who is a not a white straight male.

Incidentally the same policy destroyed family life, institutionalized elderly and pending economic collapse will result in abandoned old fox die off.

$this->bbcode_second_pass_quote('', ' ')All of a sudden the blame is on feminists, gays and mexicans.

It is difficult to blame them for collapse but nevertheless a wheel of fortune is turning the wrong way for members of these groups.
They are associated with decadent, collapsing liberal world which made this economic mess...
If I am one of these, I would certainly keep a very low profile in years to come.

$this->bbcode_second_pass_quote('', 'L')iberalism was radical. Breaking things was their greatest talent. They broke free from the oppressive paternalistic exploitative society and tried to create a better place to live. I hope peak oil doesn't put an end to social progress.

You may not like *further progress* in years to come, but of course there will be always some progress (means change of one setup into another, sometimes liberal in nature and sometimes reactionary) for as long as humanity exist.
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Re: Bold Predictions about the Debt Ceiling

Unread postby AgentR11 » Mon 01 Aug 2011, 13:22:37

Again, I don't disagree that democrats have done more economic good to the lower 75% class people; but if you pay someone money, does that give you the moral authority to beat them with a baseball bat whenever you feel like? I don't think so. Thus there exist limits to the value of that economic good. The one computing that value is the recipient. The recipients have decided in many places that the value of that economic good the democrats offer is less than the value of that which the democrats wish to take away, destroy, or denigrate.

In other words, the Dems are bidding hundreds, for something that is worth thousands to the owner.

Sorry, no sale.
Lower what you wish to destroy or demean, and you might find yourselves in the market again.

Fortunately for the Republicans, the Dems are too full of themselves and their self righteousness to ever stand down on social issues that are of high value.
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