09.30.09
It’s time to live in the present
One still finds lefties obsessed with W’s role in the economic downturn and government deficit. I would refer them to this graph. The bars go way under the baseline, far more deeply than any dipping below under W, with no end in sight, from the time of the TCM regime coming to power.
Mr. Dings said,
October 1, 2009 at 12:39 am
I don’t think you can just draw a dateline and say Obama and or the Demos are responsible for the economic downturn after such and such a date. September, 2008 was the blackest date. But that is when the bubble blown up by the Repubby admin. Sure the Clinton admin and the Dems had more than something to do with it too. Greenspan was a Reagan appointee and he later avoided responsibility saying noone could see it coming. Yeah right! Bernanke is a GW Bush appointee. Both were approved by Congress. Obama is nowhere to be found in the line up of guilty parties. The last Great Depression lasted what, at least 12 years and it got worse before it got better. Who ever woulda thunk there would be this many bank failures? They are expected to increase in number before they stabilize as well. This is a mess and not Obama’s mess. At least not yet. Not nearly what the right wants to blame him for. They were blaming him within weeks of his inauguration and have not let up since. In case you need a refresher, here’s that Time Magazine link http://www.time.com/time/specials/packages/0,28757,1877351,00.html
1) Alan Greenspan – JEW
Dick Fuld – JEW
2) Robert Rubin – JEW
3) Bill Clinton
3) Barney Frank – JEW
3) Angelo Mozilo
4) David Loeb – JEW
5) Alan Fishman – JEW
6) Jimmy Cayne
7) Alan Schwartz – JEW
9) George W Bush
9) Hank Paulson – JEW
10) Ben Bernanke – JEW
11) Christopher Dodd
12) Christopher Cox
13) Raymond W. McDaniel
14) Kathleen Corbet
15) Herb and Marion Sandler – JEW
16) Michael Strauss- JEW
17) Daniel Mudd
18) Richard Syron – JEW
19) Jerry L. Starkey
20) Jeffrey T. Mezger
21) Stuart Miller
22) Kevork S. Hovnanian
23) Maurice R. Greenberg – JEW
24) Phil Graham
25) Robert Genader – JEW
Note: ethno-religious affilliations courtesy of this website http://www.stormfront.org/forum/showthread.php?t=571369&page=2 that in no way reflects the views of this poster
Mr. Dings said,
October 1, 2009 at 12:30 pm
It was a long long long long 4 mos. ago, but this was then:
http://www.rasmussenreports.com/public_content/politics/general_politics/june_2009/62_say_bush_not_obama_to_blame_for_ongoing_economic_problems
“Just 27% of voters say the problems are being caused more by the policies Obama has put in place since taking office, according to a new Rasmussen Reports national telephone survey.”
Now you can turn to your public ignorance of the real problem and solutions arguments.
Bentnotesmanhisself said,
October 1, 2009 at 1:31 pm
No, the blackest date – so far, and that will be dwarfed if either socialist health care or cap-and-trade go through – was when the stimulus was enacted. Have you really stopped to consider the debt we’re saddling the citizens of a century from now with? And what did it go for? Did it stimulate a flipping thing? we’ve all seen the lists of boondoggles and ridiculous projects. And there’s that unemployment rate, which was supposed – according to a promise made by our Failure-in-Chief – to peak at 8 percent.
Bentnotesmanhisself said,
October 1, 2009 at 1:35 pm
One question about your first comment: If it’s not your view (Stormfront is a pretty nasty bunch, I hope you agree), why were you compelled to offer this list?
I approved the comment because I wanted to confirm that you are okay going on record citing something like this.
Think about it. I can delete it any time you might reconsider.
Mr. Dings said,
October 1, 2009 at 2:24 pm
The debt we are saddling the citizens of this country, certainly not a century from now, is a direct result of clean-up necessitated by the debts that cannot be repaid as a result of the diaphanous economic bubble that burst. That bubble was a fine ride, fodder for fun fun fun till reality took the toys away. Quite simply, when it came time to repay the piper, the till was empty. I am not yet prepared to admit defeat on the stimulus, but I was not in favor of it either. The “experts,” certainly including the Fed chief, said it was imperative to prevent a complete, total and obviously quite painful economic meltdown. What we have now is painful enough. If businesses fail and there’s no money to pay the workers, is that the sitting President’s fault. There are many more failures ahead. Not because of current policy but because we bought things we didn’t have the money to pay for. And that was a long time coming before January 20 of this current year. No money to repay the loans, dude. Simple as that.
Mr. Dings said,
October 1, 2009 at 2:31 pm
I wouldn’t use the word compel. It was a cut/pasting listing of the Time List of the Top 25 People Responsible for the Economic Meltdown (and you will see that in the comments on the website that the list is erroneous and still being added to)
Originally Posted by Valhalla View Post
Where did you get this list? Because there are major differences in the list now.
Several of the Jews you list are not even on it. Barney Frank, Robert Rubin, David Loeb, ect.
There are two influential blacks on the list now. Also the leaders of China and Iceland are on the list.
What you have here appears to be just an American list. What I find on the Time Magazine website is an international list.
http://www.time.com/time/specials/pa…l?iid=tsmodule
This list is still being voted on at Time’s web site. New votes have changed the rankings.
Genetics Student is offline Reply With Quote
I probably should have cut and pasted the list from some other source. It is difficult to cut/paste it the way it appears on Time’s website because of the way it is presented: you have to click an arrow to proceed through the list. You must admit that there is considerable renewed controversy over the role of Jewish bankers in this entire mess. Some say they bailed eachother out and even got the US government to go along with it. The name Bernie Madhoff is also now a household word. Not promoting anti-semitism, however. And if you think I lied with my proviso, well, go ahead and think that.
Mr. Dings said,
October 1, 2009 at 2:34 pm
There you go again, using the unemployment rate against the sitting president, like you use the market fluctuations against him. He was wrong, so what? Everybody’s wrong when nobody’s right. How is the unemployment rate supposed to go down when businesses are still failing right and left. The hole we are in is deep. And it was dug long prior to 1/20/09.
Bentnotesmanhisself said,
October 1, 2009 at 3:37 pm
And businesses will continue to fail unless their tax burden is drastically reduced. Unfortunately, that trend is going to continue to go in the other direction.
To pay for socialist health care, various Freedom-Haters includingTCM are now openly admitting that the various forms of taxation necessary will wind up breaking TCM’s pledge not to increase the tax burden on household incomes of less than $250,000.
I’m a big one for getting back to basics (and puttng forth positive solutions, which you are frequently telling me to do), so here goes: a 17 percent flat income tax rate for individuals, a task force to look into the feasibility of the fair tax, a 10 percent corporate income tax rate, faster depreciation of equipment and other capital expenditures, complete, absolute and permanent repeal of the capital gains tax and the inheritance tax, abolition of the EPA and OSHA and the Departments of Labor, Energy, Education and Housing. If the last measure seems too drastic, let’s start with the tax measures. When people see how quickly it jumpstarts this nation, they’ll be actively pushing for the rest of my package.
Bentnotesmanhisself said,
October 1, 2009 at 3:41 pm
I’ve been thinking. 17 percent is still to much of our money for the federal government to seize. Let’s make that 10 percent as well.
Bentnotesmanhisself said,
October 1, 2009 at 3:43 pm
Oh, and, of course, no nonsense about government involvement in health care or what kinds of energy private business (or homes) use.
Mr. Dings said,
October 1, 2009 at 4:03 pm
Everybody’s for lower taxes. Let’s go for it! Supply side, baby! It worked until it didn’t. Just a little dip in the road, right? Nothing more freedom can’t cure. I wish I felt the love though.
Bentnotesmanhisself said,
October 1, 2009 at 4:04 pm
I’ve also thought that a logical response to my “no government involvement in health care” proposal would be “That camel’s nose is already in the tent with Medicare and Medicaid.” So let’s get rid of them, too. No big whoop, they’re already broke.
And let’s privatize Social Security, which is also headed for a train wreck soon. After the recovery really gets going from the tax measures, people will drop this mentality that it is some kind of third rail or sacred cow and realize that they get a much better return by being responsible for their own sunset years.
Bentnotesmanhisself said,
October 1, 2009 at 4:06 pm
Well, dig that! Mr. Dings has come on board the freedome train with just a few comment-thread exchanges.
I’m a wiz at this polemical persuasion thing.
Bentnotesmanhisself said,
October 1, 2009 at 4:36 pm
Shall we sweeten the deal with leagalization of cannabis?
Mr. Dings said,
October 1, 2009 at 4:36 pm
http://managedhealthcareexecutive.modernmedicine.com/mhe/News+Analysis/Medicare-insolvency-due-to-high-MA-payments/ArticleStandard/Article/detail/601156
The recent report on the deteriorating financial condition of the Medicare trust funds heightens the sense of urgency in overhauling the nation’s high-cost but inefficient healthcare system. The Medicare hospital fund now faces depletion by 2017, two years earlier than the previous projection. The nation’s economic decline has reduced tax revenues to support the program, while healthcare spending continues to climb.
Mr. Dings said,
October 1, 2009 at 4:39 pm
If private health insurance carriers had their way, nobody over 65 would be insured. The young and healthy pay for the old and infirm, either way.
Mr. Dings said,
October 1, 2009 at 4:42 pm
http://www.americanprogress.org/issues/2004/03/b39258.html
Americans are anxious about their retirement, and for good reason. Private health insurers are providing fewer benefits at greater costs, and private pensions are slowly eroding. The only place where retirees can find solace is in the guaranteed benefits of Medicare and Social Security. These tremendously popular programs have helped to lift millions of elderly Americans out of poverty and allowed them to retire in dignity and in decent health. Despite their success, however, Medicare and Social Security face growing threats from those who would use financial projections “to infinity and beyond” to justify an entitlement-cutting and privatization agenda.
Contrary to the original rationale for privatizing Medicare, the Medicare trustees’ report will clearly demonstrate that privatization increases rather than decreases Medicare costs and thus worsens the program’s financial outlook. That privatization costs money, and lots of it, is not a secret. Private companies want to make a profit for offering health insurance. In exchange, they are supposed to offer their services much more efficiently than the government does. Medicare used to reflect that compromise by paying private health plans 95 percent of Medicare’s costs. The private plans broke their end of the bargain and fled the program, arguing they were underpaid. In passing the new Medicare law, President Bush and Congressional leaders acquiesced to the private plans’ demands, removing any pretense that privatization would save money.
Bentnotesmanhisself said,
October 1, 2009 at 5:01 pm
So underpaid private insurers were supposed to shoulder even more of the cost of a financially failed program?
Of course, insurance companies want to make a profit. That’s the only way to stay in business.
And, if Social Security and Medicare were don away with, a huge market would open up. It wouldn’t take a NY minute for some enterprising company to come up with appealing products to offer them.
Mr. Dings said,
October 1, 2009 at 5:02 pm
Remember World Con and Encon? I now present an article dated from around the time of the last great debate on this issue of privitizing Social Security. This is only a debate….
http://www.thirdworldtraveler.com/Corporations/Learning_from_Enron.html
The fundamental problem is that most Americans don’t have l secure, adequate provisions fat retirement. Social Security has been a great success, and, despite the fearmongering, the program is adequately funded through at least 2038 (and, with modest adjustments, can be made solvent through the rest of the century). Indeed, last year’s tax cut for the rich will cost more than twice as much as the projected shortfall in Social Security over 75 years, according to the Center on Budget and Policy Priorities.
Republican privatization plans would only make matters worse. According to an analysis for the Century Foundation by several leading economists, privatization would lead to immediate and permanent cuts of about 40 percent in Social Security benefits, and a large net loss even after establishment of new individual private accounts. This is especially worrisome because Social Security is the largest source of income for people currently retired, accounting on average for 41 percent of their income in 2000 (and is the exclusive income for millions of retirees, survivors and the disabled).
Mr. Dings said,
October 1, 2009 at 5:04 pm
Legalizing cannabis would indeed be sweet, but my wife would still object to my smoking it, lol….
Bentnotesmanhisself said,
October 1, 2009 at 5:37 pm
There’s been an update to that projection on how long SS can hang onto even the illusion of solvency:
http://pajamasmedia.com/blog/social-security-the-train-wreck-is-at-the-station/
And tax cut for “the rich” don’t ever cost the government money. Spending money it doesn’t have on stuff it’s not Condtitutionally designed to do, now that costs the government money.