Can the Govt really fix the economy?

Re: Can the Govt really fix the economy?

PostBy: tvb On: Sun Mar 15, 2009 3:36 pm

Off-topic alert --

Ed, you can change the caption on the mountain to "global warming" and have it just as valid of a meaning.
tvb
 
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Re: Can the Govt really fix the economy?

PostBy: Devil505 On: Sun Mar 15, 2009 3:48 pm

Ed.A wrote:Just remember something, I was against the very 1st one that my President signed


Have a link to you saying that at the time Ed.A?
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Re: Can the Govt really fix the economy?

PostBy: spc On: Sun Mar 15, 2009 4:02 pm

samhill wrote:I thought no government intrusion is what got us into this mess.


The Federal National Mortgage Association (FNMA) (NYSE: FNM), commonly known as Fannie Mae, is a stockholder-owned corporation chartered by Congress in 1968 as a government sponsored enterprise.
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Re: Can the Govt really fix the economy?

PostBy: BillMarti On: Sun Mar 15, 2009 4:48 pm

Wasn't ACORN and I think NINJA 2 of the biggest champions of pushing to get these loans through and a good chunk of the pork is supposed to go to them ? You'd think somebody would learn.
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Re: Can the Govt really fix the economy?

PostBy: coaledsweat On: Sun Mar 15, 2009 5:16 pm

samhill wrote:I thought no government intrusion is what got us into this mess.


I would think it is the opposite.
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Re: Can the Govt really fix the economy?

PostBy: spc On: Sun Mar 15, 2009 6:56 pm

ABC's 20/20 "Bailouts and Bull"



I don't know how long this will stay up on youtube.
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Re: Can the Govt really fix the economy?

PostBy: Ed.A On: Sun Mar 15, 2009 7:27 pm

Stephen, John Stosell is great, thanks for the video.

Explains it very clearly....we are s-cr-ew-ed.
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Re: Can the Govt really fix the economy?

PostBy: Devil505 On: Sun Mar 15, 2009 10:04 pm

OK....Republicans don't like President Obama's economic plan....What do you like? What plan are you guys proposing? (if it's continue to do nothing, both sides have already said we need to DO something! What different things would you do than what is being done? (let "Market Forces" continue to work was rejected by the voters & is what got us here...Let's here some specific ideas!
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Re: Can the Govt really fix the economy?

PostBy: jpete On: Sun Mar 15, 2009 11:39 pm

Devil505 wrote:OK....Republicans don't like President Obama's economic plan....What do you like? What plan are you guys proposing? (if it's continue to do nothing, both sides have already said we need to DO something! What different things would you do than what is being done? (let "Market Forces" continue to work was rejected by the voters & is what got us here...Let's here some specific ideas!


I say we go full socialist. Give the government control of everything. Obviously the proletariat can't figure out how to run things.

Remember Devil, these are the same voters that you thought were idiots for voting for Bush twice.
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Re: Can the Govt really fix the economy?

PostBy: Poconoeagle On: Sun Mar 15, 2009 11:46 pm

What have we learned in 2,063 years??

"The budget should be balanced, the Treasury should be refilled, public
debt should be reduced, the arrogance of officialdom should be tempered
and controlled, and the assistance to foreign lands should be curtailed
lest Rome become bankrupt. People must again learn to work, instead of
living on public assistance."


Cicero - 55 BC

Evidently nothing..
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Re: Can the Govt really fix the economy?

PostBy: tvb On: Mon Mar 16, 2009 12:11 am

Poconoeagle wrote:What have we learned in 2,063 years??

"The budget should be balanced, the Treasury should be refilled, public
debt should be reduced, the arrogance of officialdom should be tempered
and controlled, and the assistance to foreign lands should be curtailed
lest Rome become bankrupt. People must again learn to work, instead of
living on public assistance."


Cicero - 55 BC

Evidently nothing..



Fictional Cicero from 1961. A Pillar of Iron written by Taylor Caldwell.

Caldwell was well known for writing historical novels while making up details and quotations. In other words, she fictionalized much of the history she wrote about. She was a conservative of the John Birch school and often wrote for their journal.
tvb
 
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Re: Can the Govt really fix the economy?

PostBy: Poconoeagle On: Mon Mar 16, 2009 12:19 am

tvb wrote:
Poconoeagle wrote:What have we learned in 2,063 years??

"The budget should be balanced, the Treasury should be refilled, public
debt should be reduced, the arrogance of officialdom should be tempered
and controlled, and the assistance to foreign lands should be curtailed
lest Rome become bankrupt. People must again learn to work, instead of
living on public assistance."


Cicero - 55 BC

Evidently nothing..



Fictional Cicero from 1961. A Pillar of Iron written by Taylor Caldwell.

Caldwell was well known for writing historical novels while making up details and quotations. In other words, she fictionalized much of the history she wrote about. She was a conservative of the John Birch school and often wrote for their journal.

Huh!, I i thought i got it from my buddy in wasilla AK. he is a she>??? lol
I bet this taylor caldwell character would fit right in on some of these topics!! but there sure seems to be quite a bit of thruth in the embellished statement, specially the evidently nothin part! 8-)
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Re: Can the Govt really fix the economy?

PostBy: Devil505 On: Mon Mar 16, 2009 7:11 am

Still not ONE specific idea! :P
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Re: Can the Govt really fix the economy?

PostBy: Devil505 On: Mon Mar 16, 2009 7:24 am

Conservatives and Their Pity Parties


Just as the financial crisis has created toxic assets and "zombie" financial institutions, so has it transformed conservatism into a movement of the living dead. Its partisans cling to a now-toxic portfolio of discredited notions, rhetoric, gestures and strategies. They lumber comically on, their only goal being to obstruct efforts to save the economy from catastrophe.

These days the zombie right is rallying around CNBC commentator Rick Santelli, who won fame last month when he railed against a rescue of the economy's "losers."

Mr. Santelli claimed he was backed in his outrage by "the silent majority" -- meaning a floor full of traders at the Chicago Board of Trade -- and he called for a "Chicago tea party" to protest the administration's mortgage plan.

Next thing you knew, there were "tea parties" all over the land. When I showed up for one last Friday in Washington's Lafayette Park, however, my suspicions were immediately raised. A fellow in an expensive-looking pinstriped suit came hustling into the gathering knot of the discontented, handing out pink pig balloons. This had to be a put-on, I thought, one of the "Billionaires for Bush" pranksters in his capitalist costume, preparing to lead us in a chant of "Four More Wars."

But no, this was for real: the pigs symbolized "pork," the stuff of which President Barack Obama's stimulus package was supposedly made. Suits were common among the protesters. And the slogans on the signs made their undead politics impossible to misinterpret: "Liberalism Socialism Communism," read a typical one, "What's the Difference?"

Lending proletarian authenticity to the proceedings was the famous Joe the Plumber, who took up the bullhorn to deliver a dose of working-class cynicism that would have been convincing in, say, 1978. "Our politicians up on the hill, Republicans or Democrats, don't give a rip about you, and that's the bottom line right there," Joe Wurzelbacher declared.

Banks are insolvent, asset prices are falling, GDP has taken a nose dive, but what exercised this bunch was the possibility that government -- understood as a force of pure evil -- might get too big.

"America wants people who are gonna come to D.C. and say no," exhorted Andrew Langer of the Institute for Liberty. "No more taxes! No more spending! No more expansion of government!" Another speaker insisted that deregulation was not at fault for our troubles, and that the free market had never really been tried.

As the event wore on, the speakers began to repeat, zombie-like, some version of the famous line from "Network," the 1976 movie, "I'm as mad as hell and I'm not going to take this anymore."

I got out of there quick. This was no place to find the changed, chastened conservatism that all the pundits are looking for.

But at the annual Conservative Political Action Conference (CPAC), which was going on in the swank Omni Shoreham hotel on that same day, what I found was merely a smoother version of the same grumbling.

Capitalist self-pity was much in vogue. Former presidential candidate Mitt Romney, looking tanned and groomed and yet strangely mechanical, joked that he needed to get through his speech "before federal officials come here to arrest me for practicing capitalism."

Jim Gilmore, a former governor of Virginia, moaned that the "philosophy" one encountered in the land these days was that "people who succeed and have wealth are bad people, and they're entitled to be discriminated against in the tax code."

Perhaps this was because the current economic crisis was being "overblown," as claimed Lew Uhler, who heads the National Tax Limitation Committee. The administration was trying "to create as much trouble for all of us as possible, and we're here to create trouble back, back, back!"

A little while later, Mr. Uhler lapsed into the same confused zombie cry as the tea partiers across town: "We're not going to stand around and take it anymore! We're mad as hell and we're not taking it!"

They're not going to take it anymore? I guess it's supposed to be obvious that conservatives are history's real victims -- that their imagined suffering at the hands of that Big Deficit to Come trumps the global systemic economic crisis and all the upheaval it may unleash.

Or is it that the mind of the right is running on some spooky kind of autopilot? "Silent majority," "Mad as hell": These are the sayings of the 1970s. Remembering them brings back all the false populisms to flicker across the screen since then, all the stale illusions that brought us to our present disaster -- all the fake cowboys, the folksy radio talkers, the regular-guy billionaires, the middle American tax rebels, the salt-of-the-earth bankers.

There is much to dislike about President Obama's approach to the financial crisis. But opposition, it seems, will have to come from somewhere other than conservatism. The party out of power is also a party out of touch.
http://www.huffingtonpost.com/thomas-fr ... 71877.html
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Re: Can the Govt really fix the economy?

PostBy: jpete On: Mon Mar 16, 2009 10:06 am

Devil505 wrote:Still not ONE specific idea! :P

So you plan is to expand the Bush policies? Don't look now Devil but your hypocracy is showing. Here's my specific ideas. Tell the Federal Reserve they can find new victims. Abolish income and property taxes. Lower the capital gains tax. Pull all or most of our troops out from around the world. Stop illegal immigration. Kill NAFTA. There you go. That's the start of my list. Now this is the part where you tell me why we can't do any of those things and bring us back to square one. Then a week from now you'll be asking why no one came up with any ideas.
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