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  #61  
Old February 25th, 2013, 01:04 PM
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Jeeeeeezzzzzzz... LOL, Will you 2 please get a room?
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  #62  
Old February 25th, 2013, 04:07 PM
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Jeeeeeezzzzzzz... LOL, Will you 2 please get a room?
Hey, they can have oral sex!

Each person stands at opposite sides of the room and they yell "Fuck you!!"
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  #63  
Old February 25th, 2013, 04:11 PM
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Jeeeeeezzzzzzz... LOL, Will you 2 please get a room?
That's hard now that princess has me on ignore

Starts shit, can't handle it, pretends to ignore me...classic Gerry.
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  #64  
Old February 25th, 2013, 07:58 PM
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Hey, they can have oral sex! Each person stands at opposite sides of the room and they yell "Fuck you!!"
Well... it worked for my ex-wife
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  #65  
Old February 27th, 2013, 10:19 AM
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The "news" and Democrats are whining about this to no end, but here's another perspective. There will be an election in a state district near here Sat. to fill a state senate seat. The projected turnout? Less than 6%. This is a national malaise as well. No wonder we end up in the messes we're in. No one cares anymore and that will end up having dire consequences.
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  #66  
Old February 27th, 2013, 11:27 AM
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I saw a news piece that said sequestration was actually such a small reduction in the budget that it wasn't a big deal at all. Is it a 2.5% reduction in the budget? And now the DHS released some illegal aliens from jail because they "had to cut the budget?" Shit, order fewer office supplies and reduce business travel temporarily until it gets fixed. Nobody needs to get their hours reduced, if this is true. Is this a bunch of scare tactics?

Unrelated story, but the administration was also saying the Taliban is in retreat and Afghanistan is seeing fewer attacks, but now we know that's not true, either.
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  #67  
Old February 27th, 2013, 02:24 PM
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Save the drama fo yo mama!
http://www.cnn.com/2013/02/27/opinio...html?hpt=hp_t1

Several hundred illegal alien detainees released. DHS and WH "unaware."
http://politicalticker.blogs.cnn.com...ase/?hpt=hp_t1

Getting together to do a little blamestorming?
http://www.cnn.com/2013/02/27/politi...html?hpt=hp_t1

If sequestration happens, will the proverbial wallet ACTUALLY close?
Orrrrrr...
Are politicians playing up the drama to the public as they play "chicken" over a small percentage of a huge budget, and they're playing with the employees' wages as they wage their political battle?
I think the latter.
If so, I want to vote out every politician who has a hand in messing with peoples' livelihoods at the expense of political grandstanding.
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  #68  
Old February 27th, 2013, 02:43 PM
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It looks to me like the Rs are trying to give a lot more than the Ds. But the Ds are insisting on raising taxes without cutting anything. Well, I see why we're at an impasse.
http://money.cnn.com/2013/02/27/news...html?hpt=hp_t1
And I support the Rs more than I do the Ds because the Rs say, consistently, that we need to reduce spending FIRST. The Ds remind me of the spoiled wife who wants to spend the whole paycheck and then yell at the husband that he needs to make more money, but she wants all her stuff still, no sacrifices to the bloated lifestyle.
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  #69  
Old February 27th, 2013, 02:48 PM
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They're politicians! Politics is show business for ugly people! They'll wait til the last minute and put on a show.
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  #70  
Old February 27th, 2013, 04:28 PM
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They're politicians! Politics is show business for ugly people! They'll wait til the last minute and put on a show.
Ssssssso... Let's just watch and wait? I think we're all getting bamboozled by the left, who refuse to audit and curb their spending, and when it looks like they're going to have to do that, they're FORCED to do it, they play passive-aggressive and release illegal alien prisoners and such like that. Can someone show me otherwise? I'm open to facts and figures that will set me straight.

Not like a bunch of letters to our congressmen will make a change now. Let's pop up some Orville Redenbacher's and watch the drama unfold...






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  #71  
Old February 28th, 2013, 02:22 AM
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Ssssssso... Let's just watch and wait? I think we're all getting bamboozled by the left, who refuse to audit and curb their spending, and when it looks like they're going to have to do that, they're FORCED to do it, they play passive-aggressive and release illegal alien prisoners and such like that. Can someone show me otherwise? I'm open to facts and figures that will set me straight.
I agree with ya man. I'm just saying we don't have any choice now, but to watch and wait. We'll get bamboozled one way or another. Look what happened the last time, when they were about to shut down the federal gubment. Waited to the last minute, and BOOM! Made a deal. Oh yay!
Job well done!...
Pffft! Please. In Hollywood that script might not even get optioned.
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  #72  
Old March 1st, 2013, 04:03 PM
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And I support the Rs more than I do the Ds because the Rs say, consistently, that we need to reduce spending FIRST. The Ds remind me of the spoiled wife who wants to spend the whole paycheck and then yell at the husband that he needs to make more money, but she wants all her stuff still, no sacrifices to the bloated lifestyle.
Jesus wept. Is this the sum total of your economic knowledge that an economy is like a spoilt wife? you are treating it like a household (its called the household fallacy..google it) do you not understand the damage this will do?

GDP = private consumption + gross investment + government spending + (exports − imports),

Put into accounting that is C+I+G=(X-M)

what this means is that if you cut government spending GDP by definition is going to go down so you WILL enter a recession because government spending is PART of GDP. So what? you say that the end of it a recession? no it bloody isnt.. we have okuns law http://en.wikipedia.org/wiki/Okun%27s_law you are talking about serious job losses as a result and i mean serious...if sense doesnt come soon you are talking in the millions....you have no idea of the danger here.

And dont give me crap like we have no money... you have your own fucking currency that you can print at will so spare us the ideological nonsense (as that is what it is)
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  #73  
Old March 1st, 2013, 04:24 PM
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Originally Posted by slackjack View Post
Can someone show me otherwise? I'm open to facts and figures that will set me straight.
See my reply to Jack
Now i have given you the accounting figure for GDP C+I+G=(X-M) which can also be written another way (the mirror)
GDP = C + S + T Where C = consumption, S = saving, T = taxes

From that we can build a 3 sector model so in order private sector, government and finally foreign sector... now because an economy is a zero sum game it must add to zero so we get this

(I – S) + (G – T) + (X – M) = 0 This is an accounting identity.

So what? right its clear from this that 1 sectors deficit is the other sectors surplus so say we can go

2 + -3 + 1 = 0

private sector surplus, governemt deficit, foreign sector surplus

Ok we also know the US runs a big trade deficit (so a surplus to the foreign sector)... so lets make the 3rd figure to a surplus for the foreign sector

-2 + -2 + 4 = 0

following? seeing the problem now?

lets say the government starts running a balanced budget

-4 + 0 + 4 = 0

private sector is now running a deficit... that is showing you that you are actually making the private sector poorer. What happens when you start trying to make people poorer? well they start borrowing.... Clintons budget surplus then was fiscal responsibility? no it was moronic....
Now lets look at who Clintons treasury secretary was? that would be Robert Rubin ex head of Goldman Sachs... who gains when people are borrowing? yep thats the banks. You are so being conned.

Last edited by Andy CFC; March 1st, 2013 at 05:01 PM.
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  #74  
Old March 1st, 2013, 04:47 PM
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Jack want some more facts and figures? here you go
productivity v real wages
http://thecurrentmoment.files.wordpr...real-wages.jpg

Nice chart from the economist on US real average after tax income (not exactly known for its left wing views to put it mildly..in fact if they think its an issue you can bet its 10 times worse)
http://www.economist.com/blogs/daily...uality-america

Would you like more? just let me know.
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  #75  
Old March 1st, 2013, 05:00 PM
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And dont give me crap like we have no money... you have your own fucking currency that you can print at will so spare us the ideological nonsense (as that is what it is)
This statement right there tells me that you do not know as much as you think you do. A nation can not just "print more money", does the Weimar Republic ring any bells?

Andy, you're a communist, getting financial information from you would be like getting dietary information from Michael Moore.
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  #76  
Old March 1st, 2013, 05:13 PM
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Originally Posted by GW8345 View Post
This statement right there tells me that you do not know as much as you think you do. A nation can not just "print more money", does the Weimar Republic ring any bells?
You really want to do this? ok fine... Germany had foreign currency debts due to the 1st world war they were demonitated in gold (all the US current debt is in USD apart from swap lines which are frankly hardly worth talking about) then surprise surprise Germany couldnt pay it back (which Keynes had predicted) causing France & Belgum to take over the Ruhr causing a general strike that went on for 8 months...something like 80% of Germanys productive capacity was destroyed. What you dont realise is that its not money printing that causes hyperinflation its the other way around hyperinflation causes money printing. Although I will say one thing here is that you have correctly identified the constraint and that is inflation, could go through the whole MV=PY if you want but frankly its kinda boring but you are nowhere near that... you have some push-cost inflation (oil prices mainly) the dangerous type demand-pull is nowhere in sight...get to full employment and then we can talk about that



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Andy, you're a communist, getting financial information from you would be like getting dietary information from Michael Moore.
Dont be a cunt i am in no way communist... and dont use words you do not understand. Is this you? http://www.youtube.com/watch?v=2E87gciwebw its about as imbecelic as your attempt at abuse
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  #77  
Old March 1st, 2013, 05:31 PM
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Andy, it still amazes me that you speak of things that not one politician or anyone in the media will say to further their goal of dominance. You'd think one party or the other would find this to their advantage and use it. Why has this not happened? Also, unemployment and disability are the new paycheck in the US. The Govt is going to fuck it up one way or the other. There is not going to be a reduction in spending here. Too many palms to grease. And, if they were to turn on the money presses as you advocate, it will still do no good. Their has to be some kind of financial responsibility and that means restraint in my book. If there's money to spend on hookers and booze, then there's money to spend on infrastructure and the like. Which is it? Will we spend money to put people to work or pay them to stay home. Unemployment numbers tell a small part of the story and what's been tried is not working for the people who actually produce in this country.
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  #78  
Old March 1st, 2013, 05:32 PM
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Originally Posted by Andy CFC View Post
Jesus wept. Is this the sum total of your economic knowledge that an economy is like a spoilt wife? you are treating it like a household (its called the household fallacy..google it) do you not understand the damage this will do?

GDP = private consumption + gross investment + government spending + (exports − imports),

Put into accounting that is C+I+G=(X-M)

what this means is that if you cut government spending GDP by definition is going to go down so you WILL enter a recession because government spending is PART of GDP. So what? you say that the end of it a recession? no it bloody isnt.. we have okuns law http://en.wikipedia.org/wiki/Okun%27s_law you are talking about serious job losses as a result and i mean serious...if sense doesnt come soon you are talking in the millions....you have no idea of the danger here.

And dont give me crap like we have no money... you have your own fucking currency that you can print at will so spare us the ideological nonsense (as that is what it is)
Let's all bow to the GREAT AND MUNIFICENT ANDY CFC! Hey, Andy, the federal government knows that they have a little something called OVERLAP in a vast number of programs! Here's an article from 3/1/2011:
http://online.wsj.com/article/SB1000...399165436.html
That was TWO YEARS AGO, TODAY!!!!!!

http://www.washingtonpost.com/blogs/...PdeR_blog.html
http://www.foxnews.com/politics/2012...ation-overlap/
http://usatoday30.usatoday.com/news/...ing/53275924/1
http://www.coburn.senate.gov/public/...3-470468762340
http://www.federalnewsradio.com/440/...pping-programs
http://www.gao.gov/duplication/
This, friend, is what we are talking about. They have HUNDREDS of programs that duplicate efforts and overlap, BIG TIME! THAT is what we Americans want the government to clean up! Don't raise our taxes, STREAMLINE THINGS! I will happily pay for things we need! But can you imagine your wife wanting 5 of everrything, then she's putting everything on a credit card, but then you confront her, and she tells you you have to go ask your boss for a raise? That's EXACTLY what's going on. Don't believe it? Here's a snapshot of how effed up our govenment has become:
Quote:
Housing Assistance: Over 160 duplicative programs costing $170 billion a year.
Since the 1930s, the federal government has been involved in supporting affordable housing through the establishment of the Federal Housing Administration (FHA), and Fannie Mae and Freddie Mac. Without proper oversight, the federal government’s involvement has ballooned into a puzzle of 160 overlapping and duplicative programs, administered through 20 agencies, intended to encourage homeownership and provide affordable rental housing for low-income families.
These numbers came from the Government Accounting Office!!! But the Liberals aren't saying a thing about looking for the bloat! Nice economics lesson, but one doesn't need to be a Carnegie-Mellon alum to see what the problem is, and the "household fallacy" isn't applicable when it comes to eschewing waste in the government! It's a FACT that government would shrink! And guess what? Taxes will not be wasted! People will have more money to spend on things they want or need, and the government employees who were furloughed will find work in industries that provide goods and services that people are now spending money on instead of the government taking away to pay employees to do less! Your Keynesian economics may be good or bad, but they don't apply to simple bloat!
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  #79  
Old March 1st, 2013, 05:36 PM
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MMT...Modern Marxist Theory
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  #80  
Old March 1st, 2013, 05:42 PM
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MMT...Modern Marxist Theory
Yeh one of the founders being Warren Mosler.... banker, hedge fund manager, & sports car maker... absolutely marxist background...just like Lenin erm or maybe not eh
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