tag:blogger.com,1999:blog-22906998.post7311393487221586397..comments2024-03-26T22:42:06.412-07:00Comments on TAG Blog: A Brief History of TaxesSteve Huletthttp://www.blogger.com/profile/05537689111433326847noreply@blogger.comBlogger31125tag:blogger.com,1999:blog-22906998.post-20993090368194678002009-04-24T23:22:00.000-07:002009-04-24T23:22:00.000-07:00Robiscus!
Often wrong but always passionate!Robiscus!<br /><br />Often wrong but always passionate!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22906998.post-13107967089243593672009-04-24T22:25:00.000-07:002009-04-24T22:25:00.000-07:00Ah yes, mention Dr. Krugman and the invective flow...Ah yes, mention Dr. Krugman and the invective flows. (No brickbats for Dr. Stiglitz, however. You're a selective hater.)<br /><br />My original question was, give some citations. Took you a week, but you got around to it.<br /><br />Oh. And I didn't quote Krugman, but Mark Zandi, the Democratic economist who supported McCain. So where you come by the idea that I'm a disciple of Krugman, I donno. I simply listed him as a (qualified) supporter of the stimulus.<br /><br />Here's the bottom line, Monsieur Robiscus. Economists, left and right, have misgivings about the stimulus plan. Krugman isn't crazy about it; Nobel Laureate Gary Becker isn't crazy about it.<br /><br />But to <A HREF="http://media.www.collegian.com/media/storage/paper864/news/2009/02/27/News/University.Economists.Stimulus.Necessary.Step.On.The.Economic.Recovery.Path-3652254.shtml" REL="nofollow">the point</A>:<br /><br /><I>Martin Boileau, associate professor of economics at CU-Boulder, said about <B>80 percent of economists</B> claim support of the bill.</I>Doesn't mean the 80 percent is right. I have doubts about that, just as I have doubts about Summers and Geithner.<br /><br />But any way you slice it, 80 percent is a teensy bit more than "some." Which is your term, not mine. I simply said most economists support the stimulus bill, and I'd define 80 percent as most.<br /><br />But I grant you that it certainly isn't "all" or "almost all" has the President has stated.Steve Huletthttps://www.blogger.com/profile/05537689111433326847noreply@blogger.comtag:blogger.com,1999:blog-22906998.post-62692675641723995192009-04-24T12:03:00.000-07:002009-04-24T12:03:00.000-07:00Paul Krugman?!?
This is where you are getting you...Paul Krugman?!?<br /><br />This is where you are getting your salient economic opinion? I'd love to play poker with you Steve because I'd walk away with all of your chips if you are so easily convinced by Mr Krugman's ridiculously selective use of statistics and his warped constructs regarding the history of our economy.<br /><br />Nevermind that he worked for Enron, defended rabidly anti semetic remarks from the leader of Malaysia and confessed very clearly:<br /><br /><B>"I was then and still am an unabashed defender of the welfare state, which I regard as the most decent social arrangement yet devised.""</B>No... but please Steve, lets hear more about Paul Krugman! Thanks so much for citing him as one of the oracles you turn to when it comes to the economy. We're all so impressed.<br /><br /><br />Now for the economists that dispute bailouts of failing companies and massive stimulus packages that mortgage future generations:<br /><br /><I>"3.6 trillion dollars is one out of every four dollars produced in the United States. It's 25% of the GDP. It's 2 and a half Californias... We are going from an era where we looked for the private sector to create wealth to where we are looking for the government to orchestrate the economy. Barack Obama says, "The government must lead." So I take it the private sector is no longer going to decide where investments should go but rather the government is going to decide that we're going to have a certain kind of energy sector, a certain kind of manufacturing, a certain kind of service sector. That seems to me pretty arrogant." <br /><br />-Peter Morici<br />University of Maryland Economist<br /><br /><br /><br />The theory that a short-run government spending stimulus will jump-start the economy is based on old-fashioned, largely static Keynesian theories. These approaches do not adequately account for the complex dynamics of a modern international economy, or for expectations of the future that are now built into decisions in virtually every market.<br /><br />-John Taylor<br />Stanford professor of economics <br /><br /><br /><br />No doubt, it is much easier to sell the public and Congress a plan for more public works than tax cuts, particularly while Main Street despises Wall Street -- with some good reason. But the role of a good economic team is to courageously propose the right economic policy, even when it is unpopular. The role of a president is to sell it politically, as real change we can believe in.<br /><br />-Alberto. Alesina, professor of economics at Harvard & Luigi Zingales, professor of finance at the Chicago Booth School of Business.<br />tinyurl.com/7kshgw<br /><br /><br />But, in terms of fiscal-stimulus proposals, it would be unfortunate if the best Team Obama can offer is an unvarnished version of Keynes's 1936 "General Theory of Employment, Interest and Money." The financial crisis and possible depression do not invalidate everything we have learned about macroeconomics since 1936.<br /><br />-Robert Barro, an economics professor at Harvard University and a senior fellow at Stanford University's Hoover Institution.<br /><br /><br /><br />Some of this infrastructure spending may be very worthwhile-I return to this issue a bit later- but however merited, it is difficult to believe that they would provide much of a stimulus to the economy.<br /><br />-Nobel Laureate economist Gary Becker<br /><br /><br /><br />President-elect Barack Obama argues that this level of stimulus would leave us with shattered dreams and long-lasting torpor. Our only chance is to adopt his plan of $800 billion in additional stimulus spending over the next two years. So $1.2 trillion in deficit spending leaves us in despair, but $1.6 trillion in deficit spending brings prosperity.<br />The basis for this reasoning is unclear.<br /><br />-Philip Levy, former Yale professor and resident scholar at the American Enterprise Institute.<br /><br /><br /><br />"John Cochrane, a professor at the University of Chicago Booth School of Business, says that among academics over the last 30 years, the idea of fiscal stimulus has been discredited and in graduate courses, it is "taught only for its fallacies."<br /><br />New York University economist Thomas Sargent agrees: "The calculations that I have seen supporting the stimulus package are back-of-the-envelope ones that ignore what we have learned in the last 60 years of macroeconomic research.""<br /><br /></I>Shall I go on??<br />Because those are some loud crickets that you roundly discount in a flexing of your own smug ignorance. Next time, do the legwork and we'll see how much you know about the current collective take on our president as opposed to the naked partisan cheerleading you subscribe to.<br /><br />Lets also not that there was a joint statement released by hundreds of economists that dispute the Obama administration's stimulus plan. They are:<br /><br />Burton Abrams, Univ. of Delaware<br />Douglas Adie, Ohio University<br />Ryan Amacher, Univ. of Texas at Arlington<br />J.J. Arias, Georgia College & State University<br />Howard Baetjer, Jr., Towson University<br />Stacie Beck, Univ. of Delaware<br />Don Bellante, Univ. of South Florida<br />James Bennett, George Mason University<br />Bruce Benson, Florida State University<br />Sanjai Bhagat, Univ. of Colorado at Boulder<br />Mark Bils, Univ. of Rochester<br />Alberto Bisin, New York University<br />Walter Block, Loyola University New Orleans<br />Cecil Bohanon, Ball State University<br />Michele Boldrin, Washington University in St. Louis<br />Donald Booth, Chapman University<br />Michael Bordo, Rutgers University<br />Samuel Bostaph, Univ. of Dallas<br />Scott Bradford, Brigham Young University<br />Genevieve Briand, Eastern Washington University<br />George Brower, Moravian College<br />James Buchanan, Nobel laureate<br />Richard Burdekin, Claremont McKenna College<br />Henry Butler, Northwestern University<br />William Butos, Trinity College<br />Peter Calcagno, College of Charleston<br />Bryan Caplan, George Mason University<br />Art Carden, Rhodes College<br />James Cardon, Brigham Young University<br />Dustin Chambers, Salisbury University<br />Emily Chamlee-Wright, Beloit College<br />V.V. Chari, Univ. of Minnesota<br />Barry Chiswick, Univ. of Illinois at Chicago<br />Lawrence Cima, John Carroll University<br />J.R. Clark, Univ. of Tennessee at Chattanooga<br />Gian Luca Clementi, New York University<br />R. Morris Coats, Nicholls State University<br />John Cochran, Metropolitan State College<br />John Cochrane, Univ. of Chicago<br />John Cogan, Hoover Institution, Stanford University<br />John Coleman, Duke University<br />Boyd Collier, Tarleton State University<br />Robert Collinge, Univ. of Texas at San Antonio<br />Lee Coppock, Univ. of Virginia<br />Mario Crucini, Vanderbilt University<br />Christopher Culp, Univ. of Chicago<br />Kirby Cundiff, Northeastern State University<br />Antony Davies, Duquesne University<br />John Dawson, Appalachian State University<br />Clarence Deitsch, Ball State University<br />Arthur Diamond, Jr., Univ. of Nebraska at Omaha<br />John Dobra, Univ. of Nevada, Reno<br />James Dorn, Towson University<br />Christopher Douglas, Univ. of Michigan, Flint<br />Floyd Duncan, Virginia Military Institute<br />Francis Egan, Trinity College<br />John Egger, Towson University<br />Kenneth Elzinga, Univ. of Virginia<br />Paul Evans, Ohio State University<br />Eugene Fama, Univ. of Chicago<br />W. Ken Farr, Georgia College & State University<br />Hartmut Fischer, Univ. of San Francisco<br />Fred Foldvary, Santa Clara University<br />Murray Frank, Univ. of Minnesota<br />Peter Frank, Wingate University<br />Timothy Fuerst, Bowling Green State University<br />B. Delworth Gardner, Brigham Young University<br />John Garen, Univ. of Kentucky<br />Rick Geddes, Cornell University<br />Aaron Gellman, Northwestern University<br />William Gerdes, Clarke College<br />Michael Gibbs, Univ. of Chicago<br />Stephan Gohmann, Univ. of Louisville<br />Rodolfo Gonzalez, San Jose State University<br />Richard Gordon, Penn State University<br />Peter Gordon, Univ. of Southern California<br />Ernie Goss, Creighton University<br />Paul Gregory, Univ. of Houston<br />Earl Grinols, Baylor University<br />Daniel Gropper, Auburn University<br />R.W. Hafer, Southern Illinois<br />University, Edwardsville<br />Arthur Hall, Univ. of Kansas<br />Steve Hanke, Johns Hopkins<br />Stephen Happel, Arizona State University<br />Frank Hefner, College of Charleston<br />Ronald Heiner, George Mason University<br />David Henderson, Hoover Institution, Stanford University<br />Robert Herren, North Dakota State University<br />Gailen Hite, Columbia University<br />Steven Horwitz, St. Lawrence University<br />John Howe, Univ. of Missouri, Columbia<br />Jeffrey Hummel, San Jose State University<br />Bruce Hutchinson, Univ. of Tennessee at Chattanooga<br />Brian Jacobsen, Wisconsin Lutheran College<br />Jason Johnston, Univ. of Pennsylvania<br />Boyan Jovanovic, New York University<br />Jonathan Karpoff, Univ. of Washington<br />Barry Keating, Univ. of Notre Dame<br />Naveen Khanna, Michigan State University<br />Nicholas Kiefer, Cornell University<br />Daniel Klein, George Mason University<br />Paul Koch, Univ. of Kansas<br />Narayana Kocherlakota, Univ. of Minnesota<br />Marek Kolar, Delta College<br />Roger Koppl, Fairleigh Dickinson University<br />Kishore Kulkarni, Metropolitan State College of Denver<br />Deepak Lal, UCLA<br />George Langelett, South Dakota State University<br />James Larriviere, Spring Hill College<br />Robert Lawson, Auburn University<br />John Levendis, Loyola University New Orleans<br />David Levine, Washington University in St. Louis<br />Peter Lewin, Univ. of Texas at Dallas<br />Dean Lillard, Cornell University<br />Zheng Liu, Emory University<br />Alan Lockard, Binghampton University<br />Edward Lopez, San Jose State University<br />John Lunn, Hope College<br />Glenn MacDonald, Washington<br />University in St. Louis<br />Michael Marlow, California<br />Polytechnic State University<br />Deryl Martin, Tennessee Tech University<br />Dale Matcheck, Northwood University<br />Deirdre McCloskey, Univ. of Illinois, Chicago<br />John McDermott, Univ. of South Carolina<br />Joseph McGarrity, Univ. of Central Arkansas<br />Roger Meiners, Univ. of Texas at Arlington<br />Allan Meltzer, Carnegie Mellon University<br />John Merrifield, Univ. of Texas at San Antonio<br />James Miller III, George Mason University<br />Jeffrey Miron, Harvard University<br />Thomas Moeller, Texas Christian University<br />John Moorhouse, Wake Forest University<br />Andrea Moro, Vanderbilt University<br />Andrew Morriss, Univ. of Illinois at Urbana-Champaign<br />Michael Munger, Duke University<br />Kevin Murphy, Univ. of Southern California<br />Richard Muth, Emory University<br />Charles Nelson, Univ. of Washington<br />Seth Norton, Wheaton College<br />Lee Ohanian, Univ. of California, Los Angeles<br />Lydia Ortega, San Jose State University<br />Evan Osborne, Wright State University<br />Randall Parker, East Carolina University<br />Donald Parsons, George Washington University<br />Sam Peltzman, Univ. of Chicago<br />Mark Perry, Univ. of Michigan, Flint<br />Christopher Phelan, Univ. of Minnesota<br />Gordon Phillips, Univ. of Maryland<br />Michael Pippenger, Univ. of Alaska, Fairbanks<br />Tomasz Piskorski, Columbia University<br />Brennan Platt, Brigham Young University<br />Joseph Pomykala, Towson University<br />William Poole, Univ. of Delaware<br />Barry Poulson, Univ. of Colorado at Boulder<br />Benjamin Powell, Suffolk University<br />Edward Prescott, Nobel laureate<br />Gary Quinlivan, Saint Vincent College<br />Reza Ramazani, Saint Michael's College<br />Adriano Rampini, Duke University<br />Eric Rasmusen, Indiana University<br />Mario Rizzo, New York University<br />Richard Roll, Univ. of California, Los Angeles<br />Robert Rossana, Wayne State University<br />James Roumasset, Univ. of Hawaii at Manoa<br />John Rowe, Univ. of South Florida<br />Charles Rowley, George Mason University<br />Juan Rubio-Ramirez, Duke University<br />Roy Ruffin, Univ. of Houston<br />Kevin Salyer, Univ. of California, Davis<br />Pavel Savor, Univ. of Pennsylvania<br />Ronald Schmidt, Univ. of Rochester<br />Carlos Seiglie, Rutgers University<br />William Shughart II, Univ. of Mississippi<br />Charles Skipton, Univ. of Tampa<br />James Smith, Western Carolina University<br />Vernon Smith, Nobel laureate<br />Lawrence Southwick, Jr., Univ. at Buffalo<br />Dean Stansel, Florida Gulf Coast University<br />Houston Stokes, Univ. of Illinois at Chicago<br />Brian Strow, Western Kentucky University<br />Shirley Svorny, California State<br />University, Northridge<br />John Tatom, Indiana State University<br />Wade Thomas, State University of New York at Oneonta<br />Henry Thompson, Auburn University<br />Alex Tokarev, The King's College<br />Edward Tower, Duke University<br />Leo Troy, Rutgers University<br />David Tuerck, Suffolk University<br />Charlotte Twight, Boise State University<br />Kamal Upadhyaya, Univ. of New Haven<br />Charles Upton, Kent State University<br />T. Norman Van Cott, Ball State University<br />Richard Vedder, Ohio University<br />Richard Wagner, George Mason University<br />Douglas M. Walker, College of Charleston<br />Douglas O. Walker, Regent University<br />Christopher Westley, Jacksonville State University<br />Lawrence White, Univ. of Missouri at St. Louis<br />Walter Williams, George Mason University<br />Doug Wills, Univ. of Washington Tacoma<br />Dennis Wilson, Western Kentucky University<br />Gary Wolfram, Hillsdale College<br />Huizhong Zhou, Western Michigan Universityrobiscusnoreply@blogger.comtag:blogger.com,1999:blog-22906998.post-82378378623802362122009-04-20T22:04:00.000-07:002009-04-20T22:04:00.000-07:00But Robiscus is willing to throw out lies and use ...But Robiscus is willing to throw out lies and use a phony name and accuse others of being cowards for posting under 'anonymous'.<br /><br />That's right, he's really Glen Beck!!!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22906998.post-25093225247157733762009-04-20T15:23:00.000-07:002009-04-20T15:23:00.000-07:00Okaay. Just to follow up.
So Robiscus maintains...Okaay. Just to follow up. <br /><br />So Robiscus maintains "some economists were for the stimulus."<br /><br />Sure, I can name a bunch. Stiglitz, Krugman, etc, etc.<br /><br />And the conservative economists against it were ....(sfx crickets.)<br /><br />This from the Chicago Tribune:<br /><br /><I>WASHINGTON — The $825 billion stimulus proposal that Democrats unveiled last week may encounter stiff opposition from conservatives on Capitol Hill. But it isn’t meeting significant resistance from conservative economists.<br /><br />While economists might quibble with specifics, the <B>vast majority agree that some kind of massive government spending plan is necessary.</B><B>“Most conservative economists are all for it,” said Mark Zandi, a founder of Moody’s Economy.com who advised GOP presidential candidate John McCain.</B>The reason is fairly straightforward. With economic uncertainty higher than at any time since the Great Depression, consumers and businesses are more reluctant to resume spending than in previous downturns. </I>Thanks Robiscus, for another of your fact-free assertions.Steve Huletthttps://www.blogger.com/profile/05537689111433326847noreply@blogger.comtag:blogger.com,1999:blog-22906998.post-67176769901930776152009-04-20T08:36:00.000-07:002009-04-20T08:36:00.000-07:00"Wrong. thats not what "most economists" said, its...<B>"Wrong. thats not what "most economists" said, its what some economists said. </B> <br /><br />And the economists who think the stimulus is a bad idea are ... ?<br /><br />Citations, please.Steve Huletthttps://www.blogger.com/profile/05537689111433326847noreply@blogger.comtag:blogger.com,1999:blog-22906998.post-58883688089516244962009-04-17T20:37:00.000-07:002009-04-17T20:37:00.000-07:00"...Do me a favor, if you are going to type out a ..."...Do me a favor, if you are going to type out a post hurling an insult at me, have the balls to use a name you coward.)"<br /><br />Anyone else notice the irony of this dolt...?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22906998.post-77615470046186712942009-04-17T19:48:00.000-07:002009-04-17T19:48:00.000-07:00Steve Hulett ststaed:
"Most economists said a lar...Steve Hulett ststaed:<br /><br /><I>"Most economists said a large stimulus SPENDING package was needed to get things going."</I>Wrong. thats not what "most economists" said, its what some economists said.<br /><br /><br />The problem with the economy is that banks and institutions that lend money are not doing so. There is a fear of loss in all institutions that lend money - and when institutions that base their business on risk resist from doing so, you get an economic free fall.<br /><br />*Name an economist that heralds all of this spending and I'll cite one with just as much credentials that says its a bad idea.<br /><br />(and color me surprised that if I <I>DARE</I> to question the president, I get labelled with the name of nutcase Glen Beck. I don't have to allege that liberals are mostly whining crybabies, the posts in here prove it. Do me a favor, if you are going to type out a post hurling an insult at me, have the balls to use a name you coward.)robiscusnoreply@blogger.comtag:blogger.com,1999:blog-22906998.post-41133571202546197092009-04-17T14:12:00.000-07:002009-04-17T14:12:00.000-07:00If Texas goes away the GOP might as well not bothe...If Texas goes away the GOP might as well not bother running a candidtae for President any longerAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-22906998.post-86173079589555611472009-04-17T08:24:00.000-07:002009-04-17T08:24:00.000-07:00And while we're at it, would texas and that idiot ...And while we're at it, would texas and that idiot gov. rick perry secede already? Good riddance, and other states could use the money. Maybe Mexico would like to annex them.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22906998.post-75024326655068061692009-04-17T07:35:00.000-07:002009-04-17T07:35:00.000-07:00I'm there. ditch the fed and put term limits on th...I'm there. ditch the fed and put term limits on those paid for antiques sitting in congress.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22906998.post-81228426274066036722009-04-16T20:57:00.000-07:002009-04-16T20:57:00.000-07:00Look, I'm just like any other Joe trying to ration...Look, I'm just like any other Joe trying to rationalize the point of trusting my Reagan-frankenstein-o-nomics 401K that sits next to my stagnant dust-covered FDR union pension. Sitting and staring at the two useless vehicles of failed public policy gives me a f***ing headache. Our union has been generous enough to provide both, and I thank them for that, however meaningless they turn out to be when billions of Chinese suddenly decide to erase them completely the next time they decide to do more than just moon US Naval operations.<br /><br />No, I don't have anything to offer that can compete with the brilliant hedge fund short selling that made billions for the real wizards of global finance. Save for reading up on Jefferson and picking up that last bio on Jackson. Again, trash the Fed and divorce my dollar from fractional reserve would help. But I'm not sure any capitalists or socialists are going to follow me into the siege on that one. You see any candidates raising much dough on that platform?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22906998.post-83748663870116045142009-04-16T17:19:00.000-07:002009-04-16T17:19:00.000-07:00I'd like off now. And you'd step away from the car...<B>I'd like off now. </B>And you'd step away from the car into ... what?<br /><br />Freeze taxes?<br /><br />Freeze government spending?<br /><br />Initiate the GOP tax program?<br /><br />What, exactly?Steve Huletthttps://www.blogger.com/profile/05537689111433326847noreply@blogger.comtag:blogger.com,1999:blog-22906998.post-46322172437703631582009-04-16T15:18:00.000-07:002009-04-16T15:18:00.000-07:00Here, then, are 10 Republican Tax Day lies:
Presi...Here, then, are 10 Republican Tax Day lies:<br /><br />President Obama will raise taxes on small businesses.<br /><br />The estate tax devastates small businesses and family farms.<br /><br />40% of Americans pay no taxes.<br /><br />Tax cuts always increase revenue.<br /><br />The GOP is the party of fiscal discipline.<br /><br />Ronald Reagan was the greatest tax cutter of all time.<br /><br />FDR caused the Great Depression, or at least made it worse.<br /><br />Obama's cap-and-trade plan will cost each American family $3,100 a year.<br /><br />Obama's tax proposals will undermine charitable giving.<br /><br />The rich pay too much in taxes already.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22906998.post-90696252764198382502009-04-16T12:45:00.000-07:002009-04-16T12:45:00.000-07:00At least we finally know who Robiscus really is......At least we finally know who Robiscus really is....Glen Beck. Do you ever verify anything you write or do you feel that if you think it then it must be true.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22906998.post-35041965843568790052009-04-16T11:24:00.000-07:002009-04-16T11:24:00.000-07:00Glen Beck is indeed a nut job.
Running to the Fe...Glen Beck is indeed a nut job. <br /><br />Running to the Fed is just kicking the can further. We always pay for it with inflation and perpetual war. Enjoy the ride? Um, excuse me, but I'd like off now. Seriously.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22906998.post-12163234032899270862009-04-16T10:57:00.000-07:002009-04-16T10:57:00.000-07:00Small point here. Last Fall the financial system ...Small point here. Last Fall the financial system froze. <br /><br />Stopped dead.<br /><br />The economy was in free fall. You might have noticed that spending went into a tail spin and layoffs ballooned.<br /><br />Most economists said a large stimulus SPENDING package was needed to get things going. Whether the government's spending was too much or too little, it was needed because there wasn't spending from the private side.<br /><br />What's important to remember is, during WWII we spent over 100% of GDP and had far bigger deficits (relative to the economy) than now. Both parties supported the spending because we were fighting major wars and enemies. <br /><br />But the concept was the same as now: massive spending by the guvmint. <br /><br />(And that spending is the reason that the modern Disney Co. is still around. Walt Disney Productions was kept afloat by wartime gov't filmmaking. It was paid cost pus 10%. So what was done <I>then</I> directly impacts the 'toon industry <I>today</I> -- sixty-five years later.) <br /><br />Everybody should calm down, enjoy the ride, and subdue their whining.Steve Huletthttps://www.blogger.com/profile/05537689111433326847noreply@blogger.comtag:blogger.com,1999:blog-22906998.post-74788628752629969492009-04-16T10:37:00.000-07:002009-04-16T10:37:00.000-07:00It's really unbelievable. You conservatives wante...It's really unbelievable. You conservatives wanted a tax cut, and you just got the largest one of your lives, on the Democrats' watch.<br /><br />The facts are coming in on the stimulus project spending, and the projects are coming in on time, and under budget. The economy seems to be (very) slowly leveling off, and the worst is likely now behind us.<br /><br />But it will never be enough for the teabaggers, busily teabagging each other. <br /><br />Stop listening to paranoid nutjob wackos like Glen Beck and Rense and Noory. Turning a bad economy around takes time--it's just that Americans feel entitled to quick solutions to everything, and lack the patience and internal fortitude of their much hardier forefathers.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22906998.post-49302898770437234072009-04-16T10:20:00.000-07:002009-04-16T10:20:00.000-07:00Obama asked for lots and lots and lots of money to...Obama asked for lots and lots and lots of money to fix the problems in the country.<br /><br />Thats something that the worst politicians do.<br /><br />Good politicians roll up their sleeves and write new legislation alter old legislation and find a solution to problems. They don't throw bags of money(our money) at problems as the only solution. Thats why Obama's approval ratings have steadily and slowly dropped since he took office.<br /><br />You never give a politician a lot of money, because he will squander it.<br /><br />Let me repeat that because it bears repeating:<B>You never give a politician a lot of money, because he will squander it.</B>He might have the best intentions even, but he is outnumbered over a thousand to one with people trying to pry that money from his hand. I'd hoped Obama was the best president this country ever had, but his solutions are simplistic, his economics are moronic, and he is riding on his charisma at this point. <br /><br />I'm going to make a prediction here - no matter what happens with the country Obama's supporters will piss and moan that it was the previous administration's fault. Even three years from now they'll still be crying. I wish they wouldn't because it doesn't work. I president must take responsibility for what happens on their watch. (I think even the wise Steve Hulett stated that very same thing a few weeks before the election)robiscusnoreply@blogger.comtag:blogger.com,1999:blog-22906998.post-67991522375525735162009-04-16T08:47:00.000-07:002009-04-16T08:47:00.000-07:00"...fail to even define..."
I'm not sure one coul..."...fail to even define..."<br /><br />I'm not sure one could get a more explicitly defined and recorded example of how American monetary policy works than by living through it. It just happened, the whole thing, for everyone to see. Paulson and Bernanke holding hands skipped over to the White House and then straight over to Congress and held a big fat gun to our heads. We all made history together. I recall quite clearly that this was on the news. Right? The Fed and their Frankenstein banks don't like to conduct their dirty laundry in the light of day because it gives you a peek into the formula and generally makes people queasy about what their 401K actually is. But that's what they had to do this time because it was the perfect storm. 'We The People' doesn't need the minutes to the meeting to figure that one out, do they? If they do, I truly weep. Ben Franklin made his fortune printing more than just pamphlets.<br /><br />Taxes? Whatever.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22906998.post-69728356096829286372009-04-16T07:53:00.000-07:002009-04-16T07:53:00.000-07:00wow, there are so many misinformed or just closed ...wow, there are so many misinformed or just closed eyed people out there. Dems or repubs its the same thing, they over spent at the end of George Bush's term and Obama is now tripling it. Get past your love affairs for either guy and see what is really happening here. wake up! Trillions of US tax payer dollars soon to be gone and no one even reads the bill to find out where its going and have no clue how damaging its going to be? Wake up. Call your congressman or woman and tell them you have had enough. stop taking advantage of the American tax payer because soon they will all be suckling from the government which history has proven time and again, that it doesn't end well for the next generation and certainly not the country.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22906998.post-73764300011175395402009-04-16T07:27:00.000-07:002009-04-16T07:27:00.000-07:00You're happy about an extra 2K in your pocket when...You're happy about an extra 2K in your pocket when the Fed is clearly taking 5? I'm unclear on the working-class part.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22906998.post-24393378601725375152009-04-15T22:41:00.000-07:002009-04-15T22:41:00.000-07:00This is truly meaningless information.*sigh*
As o...<I>This is truly meaningless information.</I>*sigh*<br /><br />As opposed to the vapid, meaningless doom-and-gloom rant you spouted. That's the kind of speech that could be yelled from a rooftop during any time of our nation's history. It is completely fact-free, and just a string of empty platitudes ranting against a vaporous "system," which you fail to even define. It's just empty populist hot air.<br /><br />Meanwhile, the tangible FACTS are that, like it or not, taxes were just reduced for all working-and-middle class Americans. Lower than they were during any time of Bush's presidency. And yet these rightwing morons teabagging each other have no clue.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22906998.post-32920536503642319952009-04-15T22:22:00.000-07:002009-04-15T22:22:00.000-07:00"the giant mess bush & co. left our count..."the giant mess bush & co. left our country in."<br /><br />When will you guys wake up? Every president since Woodrow Wilson has been doing this to the american people. <br /><br />We are a third world nation, with a corrupt government, and a corrupt monetary system. We have puppet presidents (bush and obama) controlled by the banks. We just happen to "currently" have a higher living standard than most third world nations.<br /><br />But soon the chickens come home to roost and this debt empire we have allowed the banks to build will destroy what was left of a great nation.<br /><br />The tea party stuff is just misplaced rage at the government because they don't truly know what or who to blame. Even if we voted every single politician out of office, the banks will just find other corrupt politicians they can pay off to fill those spots. <br /><br />No, this country will never return to what the founders envisioned for it as long as the federal reserve (and now the IMF) has control of our monetary system. <br /><br />Fiat systems always fail, history has proven this over and over again with disastrous results. My advice is to start preparing now.<br /><br />Got gold...and a garden?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22906998.post-28540228585914330612009-04-15T21:42:00.000-07:002009-04-15T21:42:00.000-07:00__LARGEST TAX CUT IN AMERICAN HISTORY. EVER.
This...__LARGEST TAX CUT IN AMERICAN HISTORY. EVER.<br /><br />This is truly meaningless information. I am no Republican, but this is the exact same kind of misinterpretation of monetary policy that allows all politicians to perpetuate their populist myths. There are no tax cuts. It is just shifting deck chairs on the Titanic. That extra money in your wallet is worthless fiat with collapsing purchasing power - we are wandering among the disease of a failed 'consumer' society. Wake up.Anonymousnoreply@blogger.com