And yet again, another new Executive Order

Re: And yet again, another new Executive Order

PostBy: samhill On: Tue Aug 20, 2013 9:49 pm

Excuse me for saying hammers when you said pliers, the fact is I have worn both out in my lifetime, it's done by working for a living. Besides I have always hit a nail with the head but then again I could have been doing it wrong all my life. :oops: I guess maybe the humane thing would be to just eliminate all those that some deem to be worthless, perhaps good for nothing but shark bait, nothing or no one of any good ever came from the common man. :oops: :cry:
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Re: And yet again, another new Executive Order

PostBy: franco b On: Tue Aug 20, 2013 10:09 pm

It's the liberals who created the shark bait for Wall St. to snaffle up when government created distortions in the market gave the opportunity. Also who was it that allowed the Wall St. casinos to get into the banking game? Could it have been Clinton? The same corporate patty cake is being played right now with the insurance companies to give us affordable health care. With friends of the common man like liberals they don't need enemies.
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Re: And yet again, another new Executive Order

PostBy: samhill On: Wed Aug 21, 2013 9:03 am

All Clinton did was to repeal an Act that allowed free enterprise once again but those restrictions that were in place were being removed gradually for 30 years or so. It was nothing but pure greed that caused the housing collapse used to be one had to qualify for a loan based on income not projected income & that loan was held by the lender not sold in bundles, the % rate was what it was & didn't go up, property tax will do more than enough of that. That was just an example of greed at it's worst, no one forced institutions to make bad loans they were looking at the quick commissions & profits from selling them off. There was plenty of blame to go around as it was a long time coming & everyone was gambling for theirs before the end that they all knew would happen.
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Re: And yet again, another new Executive Order

PostBy: Flyer5 On: Wed Aug 21, 2013 10:25 am

samhill wrote:All Clinton did was to repeal an Act that allowed free enterprise once again but those restrictions that were in place were being removed gradually for 30 years or so. It was nothing but pure greed that caused the housing collapse used to be one had to qualify for a loan based on income not projected income & that loan was held by the lender not sold in bundles, the % rate was what it was & didn't go up, property tax will do more than enough of that. That was just an example of greed at it's worst, no one forced institutions to make bad loans they were looking at the quick commissions & profits from selling them off. There was plenty of blame to go around as it was a long time coming & everyone was gambling for theirs before the end that they all knew would happen.



And yet we were stuck footing the bill with no one held accountable. Dem and Rep alike.
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Re: And yet again, another new Executive Order

PostBy: samhill On: Wed Aug 21, 2013 10:34 am

This spreads the blame around a bit. http://www.forbes.com/sites/johntharvey ... recession/
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Re: And yet again, another new Executive Order

PostBy: franco b On: Wed Aug 21, 2013 2:13 pm

samhill wrote:This spreads the blame around a bit. http://www.forbes.com/sites/johntharvey ... recession/

I did not realize you were such a fan of comedy. Good one, very funny.
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Re: And yet again, another new Executive Order

PostBy: samhill On: Wed Aug 21, 2013 4:08 pm

Franco, if you got such a kick out of that one hold onto your never mind just be ready for a bathroom break but at the very least once your done laughing put up or shut up, prove it wrong. http://thegreatrecession.info/blog/defi ... president/ :lol:
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Re: And yet again, another new Executive Order

PostBy: lsayre On: Wed Aug 21, 2013 5:42 pm

samhill wrote:This spreads the blame around a bit. http://www.forbes.com/sites/johntharvey ... recession/


I agree this is quite humorous propaganda. My favorite part is:

The quick solution is simple: a massive increase in deficit spending. The profit motive has done all it can do and it’s time for the federal government to provide solutions. Remember, we have the capacity, we just need more income and jobs. Every new government employee means increased demand for the goods and services the private sector could but is not producing.


We've been practicing massive deficit spending for decades, and we exponentially accelerated in in the past 6 years or so, and we are worse off today that we were decades ago before we traveled this path. Seems to me that it should have worked by now if it was the right answer. And just how do government employees increase the demand for goods and services? This sounds like socialist Keynesian babble.
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Re: And yet again, another new Executive Order

PostBy: franco b On: Wed Aug 21, 2013 5:48 pm

samhill wrote:Franco, if you got such a kick out of that one hold onto your never mind just be ready for a bathroom break but at the very least once your done laughing put up or shut up, prove it wrong. http://thegreatrecession.info/blog/defi ... president/ :lol:

Wow! Coolidge and Carter were the best. I never knew that. Of course who controlled Congress doesn't matter.

Do you think the income percentage rise chart could be skewed by not taking into account the rate of inflation? If inflation were higher during Democratic regimes I would expect incomes to rise more. If we do get a dramatic rise in inflation as many expect then Obama will be world class leader in rising income and the rich most of all since they protect assets better. What can you buy with that rising income? Such things as food and housing have steadily declined in affordability since the 1950s. Now you need two wage earners instead of one.But accepting the charts at face value and what they assert what is there about Democratic Presidents to account for such superiority? What part of political superiority in philosophy accounts for such a one sided result?

Lastly very few of the Presidents reflect a conservative view on economics. Ike, Kennedy, and maybe Reagan at least in part.

You are really a champ at digging these things up that make assertions on tailored assumptions.
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Re: And yet again, another new Executive Order

PostBy: samhill On: Wed Aug 21, 2013 7:54 pm

The Congress control is all there, as for the deficit spending I guess you cons can't figure that one out either, you are supposed to spend on this country not bombing & then rebuilding using foreign businesses to do it to boot in other countries. Guess we didn't learn when we helped rebuild Europe & every place else & then their new facilities are out producing our old, some will never learn. :sick:
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Re: And yet again, another new Executive Order

PostBy: samhill On: Wed Aug 21, 2013 7:56 pm

Franco, like I said prove it wrong.
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Re: And yet again, another new Executive Order

PostBy: franco b On: Wed Aug 21, 2013 8:33 pm

samhill wrote:Franco, like I said prove it wrong.


I can't prove it wrong Sam because I don't even know what it is. Rise in income is going to be higher when inflation is high which the chart ignores. It just reveals nothing. I would rather have an Eisenhower dollar (adjusted for inflation) than a modern one because I could buy more with it back then, yet my incom would be lower.

The other chart shows government debt held by the public as a percentage of GDP. What the hell does that prove or even mean? The Vietnam war doesn't even make a ripple. Why is that? What about total debt as a percentage of GDP? It ignores that because the chart would be very different.

If the charts are valid they indicate something other than what they claim. An expert job of cherry picking data and arranging it to prove a preconceived point whose conclusions are subtly fallacious.
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Re: And yet again, another new Executive Order

PostBy: franco b On: Wed Aug 21, 2013 8:33 pm

samhill wrote:Franco, like I said prove it wrong.


I can't prove it wrong Sam because I don't even know what it is. Rise in income is going to be higher when inflation is high which the chart ignores. It just reveals nothing. I would rather have an Eisenhower dollar (adjusted for inflation) than a modern one because I could buy more with it back then, yet my income would be lower.

The other chart shows government debt held by the public as a percentage of GDP. What the hell does that prove or even mean? The Vietnam war doesn't even make a ripple. Why is that? Could it be because it was financed by overtime money printing that finally landed in Jimmy Carters lap? What about total debt as a percentage of GDP? It ignores that because the chart would be very different.

If the charts are valid they indicate something other than what they claim. An expert job of cherry picking data and arranging it to prove a preconceived point whose conclusions are subtly fallacious.
franco b
 
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Re: And yet again, another new Executive Order

PostBy: samhill On: Wed Aug 21, 2013 9:31 pm

Here's yet another chuckle for you Franco, since you brought up the Vietnam War there is a difference with all wars it seems they used to be a funny quirk wherein wars would mean some sacrifice by all to pay for rather than leave them for future generations to pay & future presidents to blame. :roll: Perhaps they should have actually inquired as to how much Haliburton & such were going to charge. :shock: http://www.forbes.com/2009/11/25/shared ... tlett.html
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Re: And yet again, another new Executive Order

PostBy: franco b On: Wed Aug 21, 2013 10:19 pm

I have no problem with the point of that link. I agree with it.

As for Halliburton; weren't they the only ones with the required technology? Whether their charges were in line or not in a field where costs are routinely horrendous I don't know. Whatever they charged is a drop in the bucket compared to costs in education and health care which are similarly outrageous.
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