Four More Years? Of This?

[boomerang]

Four More Years? Of This?

Love it.

In the five minutes it takes to read this article the national debt will have increased $14 Million.

 

[Matt1970]

We got sold a bill of goods.

 

[Texashiker]

Four More Years? Of This?

Love it.

In the five minutes it takes to read this article the national debt will have increased $14 Million.

The people wanted change, they got change, just not the change they were expecting.

 

[DominionSeraph]

LOL, I like how you three can't even read.

>admits that GDP is growing
>federal deficits estimated to be cut in half
>recession shown to be over

Also:
>recession ending corresponds to stimulus.

 

[yllus]

Pointing out all the flaws in the current administration doesn't mean all that much when the proposed alternative would double down and make the economic situation even worse. From what very little is known about their plans, anyways.

 

[IronWing]

$4million/min? We need to repeal the Bush/Obama tax cuts and tax capital gains as regular income, stat! We can't afford to cuddle our billionaires one minute more.

 

[Texashiker]

Also:
>recession ending corresponds to stimulus.

Because throwing money at a problem always fixes the root cause.

There are other long term fixes, such as what iceland did - http://americanlivewire.com/world-economic-news-icelands-economy-now-growing-fas/

 

[Mursilis]

Pointing out all the flaws in the current administration doesn't mean all that much when the proposed alternative would double down and make the economic situation even worse. From what very little is known about their plans, anyways.

There are alternatives beyond Romney/Ryan, you know. Yes, they've got almost no real chance, but still, I'd rather vote for a no-chance third party candidate than the two major party candidates.

 

[DominionSeraph]

Because throwing money at a problem always fixes the root cause.

>thinking that economic direction necessarily stems from static cause.

 

[Texashiker]

>thinking that economic direction necessarily stems from static cause.

The government did nothing to fix the root cause of the housing collapse. Instead of making the banks and investors pay for their negligence, the government bailed them out.

Due to the governments bail out, its just a matter of time before we have another recession, and another, and another.

A member of this forum once posted this in reference to banks, "privatized profited, and socialized losses." Meaning the tax payer will be on the hook for money lost by the banks and wall street.

Its like a child with a bad habit. Unless the parent addresses the root cause of the habit, the child will continue their behavior.

The government did almost nothing to address the bad behavior of the banks and wall street.

A lot of this goes back to obama and eric holder.

Why hasn't eric holder done something to address what caused the recession?

 

[tydas]

When our leaders don't actaully talk about our issues because our reporters are gimped..what do we expect?

 

[dank69]

LOL, clicked the link to see the source supporting the claim that "the economy is far worse now than in 2008." Surprise, surprise, link is broken. Stopped reading. Anyone can just make shit up to support their position.

 

[CADsortaGUY]

When our leaders don't actaully talk about our issues because our reporters are gimped..what do we expect?

Quite sad. I need to find the old thread I started years ago here when the budget topped 2 Trillion for the first time. Now it's almost doubled again? It's amazing how many people still want MORE spending... F'n sad.

 

[K1052]

The government did almost nothing to address the bad behavior of the banks and wall street.

New regulation has done some of that and general fear has done the rest.

The financial industry isn't the wild west of the early 2000s anymore. It's shrinking and will continue to shrink. Margins have declined, lots of people have been laid off, major banks are scared shitless to lend to anyone who doesn't have platinum plated credit, and LBO and M&A activity barely registers a pulse anymore.

 

[umbrella39]

wow, just wow... I have to ask myself the same question... 4 more years of this pathetic bullshit here? Yup. Enjoy 8 straight years! LMAO

 

[Jeffg010]

Obama reminds me of the sport star that got a big fat contract and is now going broke. The scarey thing is he playing with our money. Sad when he and his family spent 1.4 billion on themselves last year alone.

http://nakeddc.com/2012/09/27/you-spent-a-lot-of-money-entertaining-the-obamas-last-year/
"Has anyone seen how much we taxpayers are spending on the first family? Comparing us with what the British spend on the royal family, the Brits are pikers. The British spent "only" $57.8 million last year on their royal family. Guess what U.S. taxpayers spent last year on the First Family: $1.4 billion -- yes, that's billion with a "B." That amount included housing, entertaining, flying, and staffing for President Obama and his family. In his book Presidential Perks Gone Royal, Robert Keith Gray wrote that "... Obama isn't the only president to have taken advantage of the expensive trappings of his office. But the amount of money spent on the first family has risen tremendously under the Obama administration[.]" And Obama continues with his antics despite increasing the deficit. I guess you can say that Obama is doing his part to drive up deficits."

 

[K1052]

Obama reminds me of the sport star that got a big fat contract and is now going broke. The scarey thing is he playing with our money. Sad when he and his family spent 1.4 billion on themselves last year alone.

http://nakeddc.com/2012/09/27/you-spent-a-lot-of-money-entertaining-the-obamas-last-year/
"Has anyone seen how much we taxpayers are spending on the first family? Comparing us with what the British spend on the royal family, the Brits are pikers. The British spent "only" $57.8 million last year on their royal family. Guess what U.S. taxpayers spent last year on the First Family: $1.4 billion -- yes, that's billion with a "B." That amount included housing, entertaining, flying, and staffing for President Obama and his family. In his book Presidential Perks Gone Royal, Robert Keith Gray wrote that "... Obama isn't the only president to have taken advantage of the expensive trappings of his office. But the amount of money spent on the first family has risen tremendously under the Obama administration[.]" And Obama continues with his antics despite increasing the deficit. I guess you can say that Obama is doing his part to drive up deficits."

Checking this out only turns up frothing at the mouth right wing websites/blogs. Just like that $2B trip to India.

 

[DominionSeraph]

The government did nothing to fix the root cause of the housing collapse. Instead of making the banks and investors pay for their negligence, the government bailed them out.

You're not very bright, are you?
Those banks are an integral part of the economic engine. Ripping them out of the economy with the loss of all their connections and procedures would have caused everything to grind to a standstill. There would have been nothing magical about the banks that would have replaced them 200 years later when the US was finally crawling its way out of the Third World; the only improvement would be to not have the risky investments and -- get this -- we can regulate that.

Destroying the lives of a couple billion people just so a few multimillionaires would have some entitlements taken away is not a very good trade.
Try adding some pragmatism to your stupid free market morality.

 

[Texashiker]

You're not very bright, are you?

Maybe you lack basic reading comprehension skills?

Those banks are an integral part of the economic engine. Ripping them out of the economy with the loss of all their connections and procedures would have caused everything to grind to a standstill.

Who said anything about putting banks out of business?

Like everything else, take the people that were responsible, if they broke any laws, prosecute them.

Its allowing the corporate shield to protect law breakers that facilities poor behavior.

 

[DominionSeraph]

Maybe you lack basic reading comprehension skills?

Who said anything about putting banks out of business?

LOL, you can't even follow what you wrote.

Instead of making the banks and investors pay for their negligence, the government bailed them out.

In the absence of the bailout, the banks go out of business, moron.

 

[Texashiker]

In the absence of the bailout, the banks go out of business, moron.

Nobody is driving the banks of out business, its a decision they made.

Isn't that the basis of a free market society? Company A goes out of business, which opens an opportunity for Company B.

 

[zsdersw]

Quite sad. I need to find the old thread I started years ago here when the budget topped 2 Trillion for the first time. Now it's almost doubled again? It's amazing how many people still want MORE spending... F'n sad.

The colored pieces of the pie are the only ones that can really be cut somewhat easily... and altogether they're only a third of the total.

The rest is all stuff that cuts for which no majority support exists.

 

[Vdubchaos]

This or that, neither is good.

we are still picking lesser of the 2 evils.....

I'm still looking for a good option, we have NONE.

 

[child of wonder]

This country is fucked. No one is willing to pay higher taxes and no one wants anything cut.

 

[BoberFett]

$4million/min? We need to repeal the Bush/Obama tax cuts and tax capital gains as regular income, stat! We can't afford to cuddle our billionaires one minute more.

Yeah! Stick it to the retirees!