$819B stimulus bill passed. Your thoughts?

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Elias824

Golden Member
Mar 13, 2007
1,100
0
76
Better yet, I think I need a bailout, Lets see if I can get a stimulus for myself. A mansion, or personal jet would be a nice change of pace.
 

Xavier434

Lifer
Oct 14, 2002
10,373
1
0
Obama is trying to reach across the isle in hope of bringing the strengths of both parties in unison with each other. He is trying to help give the Republican party more opportunities to reform itself back into what they do best. He is expecting to have parts of this bill dropped in favor of reaching a kind of middle ground which is exactly what he should be doing. Both Dems and Repubs should be represented.

Source

WASHINGTON - The unanimous vote by House Republicans against President Obama's stimulus plan provided an early indication that the GOP hopes to regain power by becoming the champion of small government, a reputation many felt slipped away during the high-spending Bush years.

The bill passed easily despite the opposition of all 177 Republican House members, but party leaders delighted in what they considered a victory after two straight electoral drubbings and much soul-searching about what the party stands for.

"How about those House Republicans?" cheered Sen. Jim DeMint (R-S.C.), a vocal small-government advocate, at a Heritage Foundation appearance yesterday.

"House Republicans said we would stand up for American taxpayers at this time of economic hardship for our nation. And last night, standing together, that's exactly what we did," House Minority Leader John A. Boehner (R-Ohio) wrote yesterday in a memo to his colleagues that was released to reporters. "I am proud of our team."

Republicans credited their leadership team for keeping them united in the demand for more tax cuts and less spending in the bill, providing a boost for Boehner, who three months ago faced questions about whether he could retain his position as House Republicans were headed for another election marked by heavy losses.

As the vote on the bill neared, Republicans expected overwhelming opposition, but party leaders also anticipated at least a handful of defections.

Conservative talk show hosts whipped up opposition to the bill, and Republicans said they received dozens of e-mails and phone calls about it, almost all voicing opposition. In a meeting with congressional leaders, Obama warned against following the lead of conservative talk show host Rush Limbaugh. But on the day of the vote, House Minority Whip Eric Cantor (R-Va.) was on Limbaugh's show, laughing as the host referred to the "porkulus" bill.

Incentive for opposition
Obama also gave Republicans incentive to oppose his bill, according to GOP aides who requested anonymity in order to speak candidly about internal party deliberations. In his private appearance with House Republicans on Tuesday, the new president acknowledged that the House version of the bill contained too much spending and indicated he was open to more tax breaks for small businesses. Obama suggested that fixes would be made in the Senate and during a House-Senate conference to work out differences between versions of the bill.

Aides said Obama's signal that the final version would be more to their liking provided an incentive for wavering Republicans to vote against the bill, thereby winning kudos from conservatives while leaving them the option of voting for the final product.
 

Xavier434

Lifer
Oct 14, 2002
10,373
1
0
Originally posted by: Fear No Evil
Originally posted by: ericlp
Fuck 911, I'd rather spend the money at home...

Thanks, tho...

Where do you think the money towards the war goes to? A lot of U.S. defense contractors and U.S. soldiers. While the products they produced aren't used here.. a lot of the money spent stays here. Stupid argument.

I guess that explains how the war contributed towards the massive increases in our national debt while Bush was pres right? What have we got to show for it now?
 

BoberFett

Lifer
Oct 9, 1999
37,562
9
81
Originally posted by: Evan
Originally posted by: jjzelinski

Besides, your assertion that opinionated conjecture of "internet n00bz" is now worth more than that of people who are actually educated in the subject matter of this discussion is pretty laughable and I hope you're being sarcastic or at least obtuse. Either way, I fail to see how the platform of your assertion in any way qualifies as eskimospy "digging a hole of stupidity."

He has literally said that, because we are at the severe end of the business cycle trough, that that disqualifies Ph.D economists and risk management experts all over the world. Apparently Internet podunks from Fargo trained in WinXP administration can also double as noble prize economists and billionaire investors like Warren Buffet.

When did you become a Windows admin? I thought you flipped burgers and talked about video cards with your fellow fry cooks.
 

Red Dawn

Elite Member
Jun 4, 2001
57,529
3
0
Originally posted by: BoberFett
Originally posted by: Evan
Originally posted by: jjzelinski

Besides, your assertion that opinionated conjecture of "internet n00bz" is now worth more than that of people who are actually educated in the subject matter of this discussion is pretty laughable and I hope you're being sarcastic or at least obtuse. Either way, I fail to see how the platform of your assertion in any way qualifies as eskimospy "digging a hole of stupidity."

He has literally said that, because we are at the severe end of the business cycle trough, that that disqualifies Ph.D economists and risk management experts all over the world. Apparently Internet podunks from Fargo trained in WinXP administration can also double as noble prize economists and billionaire investors like Warren Buffet.

When did you become a Windows admin? I thought you flipped burgers and talked about video cards with your fellow fry cooks.
LOL, he was talking about you. Aren't you a R.E. Agent or Mortgage Broker?
 

BoberFett

Lifer
Oct 9, 1999
37,562
9
81
Originally posted by: jjzelinski
Originally posted by: BoberFett
Originally posted by: eskimospy
Originally posted by: BoberFett
Originally posted by: eskimospy
Originally posted by: Skoorb
Originally posted by: BassBomb
by no means am I a economic genius.. I took an Intro to Macroeconomics course last term..

Isn't a increase in funds going to cause a short term benefit but be bad in the long run as the currecny was devalued and prices either stay the same or go up...?
Almost certainly, and as you can tell this simple logic comes from an intro course, which makes me wonder what the government's background is that they miss this point :)

You should probably ask all those legions of economists with Ph.D's and decades of experience why they think it's a good idea too.

I know they're no match for the internet economists on here, but maybe they can have some useful input to the ATPN "Man-up/RON PAUL RULZ" stimulus package.

The same economists with Ph.D's who said the fundamentals were strong and couldn't see the impending implosion?

I'd rather listen to internet n00bz.

You're right, knowing things about the subject you're talking about is overrated.

Based on the results, I'd say nobody running the show knows anything about the subject they're talking about.

Why do you keep digging your hole of stupidity?

lol

That doesn't sound nearly as "cool" as you think it does.

Besides, your assertion that opinionated conjecture of "internet n00bz" is now worth more than that of people who are actually educated in the subject matter of this discussion is pretty laughable and I hope you're being sarcastic or at least obtuse. Either way, I fail to see how the platform of your assertion in any way qualifies as eskimospy "digging a hole of stupidity."

Given their complete lack of foresight, what exactly is the education of those experts worth?

I don't see why some of you have such trouble following simple logic.

1. "Experts" devise scheme to create massive profits during a boom while ignoring sound risk management completely.
2. Economy collapses.
3. Experts who couldn't see this coming are are worshipped by fools like you and asked to "fix" the economy.

It's really quite simple. If you can't grasp the fact that you've been had, then the con was a resounding success.
 

BoberFett

Lifer
Oct 9, 1999
37,562
9
81
Originally posted by: Red Dawn
Originally posted by: BoberFett
Originally posted by: Evan
Originally posted by: jjzelinski

Besides, your assertion that opinionated conjecture of "internet n00bz" is now worth more than that of people who are actually educated in the subject matter of this discussion is pretty laughable and I hope you're being sarcastic or at least obtuse. Either way, I fail to see how the platform of your assertion in any way qualifies as eskimospy "digging a hole of stupidity."

He has literally said that, because we are at the severe end of the business cycle trough, that that disqualifies Ph.D economists and risk management experts all over the world. Apparently Internet podunks from Fargo trained in WinXP administration can also double as noble prize economists and billionaire investors like Warren Buffet.

When did you become a Windows admin? I thought you flipped burgers and talked about video cards with your fellow fry cooks.
LOL, he was talking about you. Aren't you a R.E. Agent or Mortgage Broker?

No, I gave up real estate years ago when the market tanked. I'm back in IT now, upper management in a mid-sized company.

Evan on the other hand recently took down his LinkedIn page because in his list of accomplishments it showed that he was well versed in video cards through 2008.

This is a long standing thing between Evan and I because I called him out as the pre-pubescent loser he is, without a single accomplishment to his name.

Edit: And a quick search of his name and email address shows that Evan is a 32 year old network security worker from LA. Impressive financial background, I'm not sure why I didn't see it sooner. :roll: Dipshit reads the WSJ and thinks he's an expert.
 

JS80

Lifer
Oct 24, 2005
26,271
7
81
Anyone listening to Obama/Biden? What piece of shit rascals, pandering to unions. Fuck these guys.
 

First

Lifer
Jun 3, 2002
10,518
271
136
Originally posted by: BoberFett
Originally posted by: Red Dawn
Originally posted by: BoberFett
Originally posted by: Evan
Originally posted by: jjzelinski

Besides, your assertion that opinionated conjecture of "internet n00bz" is now worth more than that of people who are actually educated in the subject matter of this discussion is pretty laughable and I hope you're being sarcastic or at least obtuse. Either way, I fail to see how the platform of your assertion in any way qualifies as eskimospy "digging a hole of stupidity."

He has literally said that, because we are at the severe end of the business cycle trough, that that disqualifies Ph.D economists and risk management experts all over the world. Apparently Internet podunks from Fargo trained in WinXP administration can also double as noble prize economists and billionaire investors like Warren Buffet.

When did you become a Windows admin? I thought you flipped burgers and talked about video cards with your fellow fry cooks.
LOL, he was talking about you. Aren't you a R.E. Agent or Mortgage Broker?

No, I gave up real estate years ago when the market tanked. I'm back in IT now, upper management in a mid-sized company.

Evan on the other hand recently took down his LinkedIn page because in his list of accomplishments it showed that he was well versed in video cards through 2008.

This is a long standing thing between Evan and I because I called him out as the pre-pubescent loser he is, without a single accomplishment to his name.

Edit: And a quick search of his name and email address shows that Evan is a 32 year old network security worker from LA. Impressive financial background, I'm not sure why I didn't see it sooner. :roll: Dipshit reads the WSJ and thinks he's an expert.

rofl. I've worked for several law firms and banks, in finance, before recently switching to IT. Degree in Econ as I worked. Your non-existent BS resume on the other hand qualifies you for jack, and that's the sad truth. And you still wimp out of every debate with some nonsense about how you'd trust an Internet hack over Noble Prize economists. Good call. :laugh:

EDIT: Oh, and I took down my LinkedIn page specifically because of kids like you. I guess you never got the hint when I changed part of my screen name; I don't want reject e-stalkers attempting to find out my street address. Ironically, you bitch out every time you're asked about your own resume/personal info.
 

brandonbull

Diamond Member
May 3, 2005
6,365
1,223
126
Originally posted by: net

What do you think about the $819 billion dollar stimulus bill?

Do you think it will work?

Or will it flop and put us yet even more billions of dollars behind?

3 words come to mind. WE ARE FUCKED.
 

BoberFett

Lifer
Oct 9, 1999
37,562
9
81
Originally posted by: Evan
Originally posted by: BoberFett
Originally posted by: Red Dawn
Originally posted by: BoberFett
Originally posted by: Evan
Originally posted by: jjzelinski

Besides, your assertion that opinionated conjecture of "internet n00bz" is now worth more than that of people who are actually educated in the subject matter of this discussion is pretty laughable and I hope you're being sarcastic or at least obtuse. Either way, I fail to see how the platform of your assertion in any way qualifies as eskimospy "digging a hole of stupidity."

He has literally said that, because we are at the severe end of the business cycle trough, that that disqualifies Ph.D economists and risk management experts all over the world. Apparently Internet podunks from Fargo trained in WinXP administration can also double as noble prize economists and billionaire investors like Warren Buffet.

When did you become a Windows admin? I thought you flipped burgers and talked about video cards with your fellow fry cooks.
LOL, he was talking about you. Aren't you a R.E. Agent or Mortgage Broker?

No, I gave up real estate years ago when the market tanked. I'm back in IT now, upper management in a mid-sized company.

Evan on the other hand recently took down his LinkedIn page because in his list of accomplishments it showed that he was well versed in video cards through 2008.

This is a long standing thing between Evan and I because I called him out as the pre-pubescent loser he is, without a single accomplishment to his name.

Edit: And a quick search of his name and email address shows that Evan is a 32 year old network security worker from LA. Impressive financial background, I'm not sure why I didn't see it sooner. :roll: Dipshit reads the WSJ and thinks he's an expert.

rofl. I've worked for several law firms and banks, in finance, before recently switching to IT. Degree in Econ as I worked. Your non-existent BS resume on the other hand qualifies you for jack, and that's the sad truth. And you still wimp out of every debate with some nonsense about how you'd trust an Internet hack over Noble Prize economists. Good call. :laugh:

EDIT: Oh, and I took down my LinkedIn page specifically because of kids like you. I guess you never got the hint when I changed part of my screen name; I don't want reject e-stalkers attempting to find out my street address. Ironically, you bitch out every time you're asked about your own resume/personal info.

So you sucked so badly in finance that you switched to IT. Seems to make sense, given the nonsense you talk around here.

I've told you what I do, if you choose not to believe it that's your problem.
 

First

Lifer
Jun 3, 2002
10,518
271
136
Originally posted by: BoberFett
Originally posted by: Evan
Originally posted by: BoberFett
Originally posted by: Red Dawn
Originally posted by: BoberFett
Originally posted by: Evan
Originally posted by: jjzelinski

Besides, your assertion that opinionated conjecture of "internet n00bz" is now worth more than that of people who are actually educated in the subject matter of this discussion is pretty laughable and I hope you're being sarcastic or at least obtuse. Either way, I fail to see how the platform of your assertion in any way qualifies as eskimospy "digging a hole of stupidity."

He has literally said that, because we are at the severe end of the business cycle trough, that that disqualifies Ph.D economists and risk management experts all over the world. Apparently Internet podunks from Fargo trained in WinXP administration can also double as noble prize economists and billionaire investors like Warren Buffet.

When did you become a Windows admin? I thought you flipped burgers and talked about video cards with your fellow fry cooks.
LOL, he was talking about you. Aren't you a R.E. Agent or Mortgage Broker?

No, I gave up real estate years ago when the market tanked. I'm back in IT now, upper management in a mid-sized company.

Evan on the other hand recently took down his LinkedIn page because in his list of accomplishments it showed that he was well versed in video cards through 2008.

This is a long standing thing between Evan and I because I called him out as the pre-pubescent loser he is, without a single accomplishment to his name.

Edit: And a quick search of his name and email address shows that Evan is a 32 year old network security worker from LA. Impressive financial background, I'm not sure why I didn't see it sooner. :roll: Dipshit reads the WSJ and thinks he's an expert.

rofl. I've worked for several law firms and banks, in finance, before recently switching to IT. Degree in Econ as I worked. Your non-existent BS resume on the other hand qualifies you for jack, and that's the sad truth. And you still wimp out of every debate with some nonsense about how you'd trust an Internet hack over Noble Prize economists. Good call. :laugh:

EDIT: Oh, and I took down my LinkedIn page specifically because of kids like you. I guess you never got the hint when I changed part of my screen name; I don't want reject e-stalkers attempting to find out my street address. Ironically, you bitch out every time you're asked about your own resume/personal info.

So you sucked so badly in finance that you switched to IT. Seems to make sense, given the nonsense you talk around here.

I've told you what I do, if you choose not to believe it that's your problem.

So you failed at real estate and went into IT? Pretty inane logic.

In any case, I've mentioned what I do on numerous occasions in threads you've participated in, but it's still irrelevant, all that matters is whether you're informed. You're not, we get it. Move on.