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  1. CS natureboy

    CS natureboy Porn Star

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    What are you talking about? Both of your links say the same thing:


    The Republican-controlled House of Representatives will act next week on the Cut, Cap, Balance Act, GOP lawmakers announced in a press [COLOR=green !important][COLOR=green !important]conference[/COLOR] Friday morning.
    Not only did Republicans announce the introduction of the Act, but Representatives from Kevin McCarthy of California, Speaker John Boehner of Ohio, Majority Leader Eric Cantor of Virginia and Tom Price of Georgia called on President Obama to “put a real plan on the table” to address fundamental reform and enact serious spending cuts. (August 2 not a hard deadline on debt limit)
    In doing so, House Republicans put the spotlight on [COLOR=green !important][COLOR=green !important]Democrats [COLOR=green !important]and[/COLOR][/COLOR][/COLOR] the president for never putting any real plan to paper. The Republican message is, “We’ve done that.”
    “Time and time again Republicans have offered serious proposals,” said Speaker Boehner, pointing to the budget proposal offered by Wisconsin Rep. Paul Ryan. “I think it’s time to for Democrats to get serious as well.”
    Boehner also reiterated that tax hikes of non-starters and any deal needs to come with real reforms that restrains the growth of spending in the coming years.
    Cantor responded to accusations that Republicans have been too stubborn throughout negotiations, refusing to meet the President’s compromise on spending cuts in [COLOR=green !important][COLOR=green !important]exchange[/COLOR][/COLOR] for some tax hikes. “Reports have indicated that somehow Republicans haven’t given,” said Cantor. “I tell you, that’s just not true.”
    “We want to change the system here,” the Majority Leader added. “We want to be able to go home to the people who elected us and show them we’re not going to allow this kind of spending to continue.”
    The Cut, Cap, Balance, said Cantor, will “provide a balanced approach so we can demonstrate that we are getting things under control.”​



    I don't see any self destruction.... ​
     
  2. Whitey44

    Whitey44 Porn Star

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    Don’t buy the Sun »
    Of Course They’re Crazy

    by John Cole
    Why the hell are we still having this fucking debate:

    The more we find out about the House Republican caucus, the more obvious it becomes that they’re not just trying to maximize their leverage by pretending to be crazy. They’re crazy.​
    Of course they are crazy. Ross Douthat is just a hack who does his best to run cover for his dumber compadres, but they are all crazy. There is really no reason to debate this anymore. They deny evolution, many of them think the earth is only several thousand years old, they don’t believe in global climate change and adamantly don’t believe humans have anything to do with it, they think being gay is a choice and I guaran-god-damned-tee that at least half of them think you can pray it away, they think stem cells are tiny babies, they think Saddam Hussein had a role in 9/11, they think you can cut taxes indefinitely and government revenues will always increase, they think Sarah Palin is qualified to be President and Joe the Plumber has keen political insights, they think Obama may be a Muslim and might not be a citizen, they think the solution to gun violence is more guns, and that dijon mustard and arugula are elitist, that the President who appointed half of Goldman Sachs to his administration is a socialist, and so on. And I’m not attributing to the GOP made up stuff, these are things in their fucking platform or that they state regularly on camera and in print. Michelle Bachmann was just on tv all wild-eyed asserting that even if we default, seniors will still get their social security checks and that Obama is a big meanie for suggesting otherwise. How will we pay them? Who the fuck knows? They aren’t dealing with reality and haven’t been for a long, long time.
    There simply is no reason on earth to have this debate any more, except that it serves the needs of assholes like Ross Douthat and David Brooks and other members of the conservative “intelligentsia.” If we all recognize that the conservatives are nuts and their ideas are disastrous, they would lose their respectable media/beltway credibility, and you can’t have that happening. So they spin all this bullshit and pretend that it is just another conservative viewpoint when what it actually is is batshit crazy being normalized by sociopaths like the aforementioned Times columnists.
    So yes. They are crazy. Batshit, bugfuck crazy. Anyone who treats them as a serious party is either a wingnut welfare recipient or just plain stupid.
     
  3. CS natureboy

    CS natureboy Porn Star

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    So, what does that rambling nonsense have to do with the dept limit?

    Why are the democrats so opposed to living within our means?

    Why do democrats believe that life is all about how much dept you can rack up?

    It's time to cut up the big credit card and stop all of this welfare entitlement crap.....
     
  4. stumbler

    stumbler Porn Star

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    Actually I'm going to ask you the exact same question.

    The democrats aren't opposed to living within your means. It was George Bush and the conservative/Republican/Tea Baggers who doubled our national debt and collapsed our economy.

    *not_secure_link*newsone.com/nation/casey-gane-mccalla/voters-blame-bush-not-obama-for-economy/

    We don't. We believe we must come up with workable solutions to the problems facing this nation. Not just protecting the richest 5% of the people in this nation and protecting Corporate welfare no matter what.

    No it was time to do that 10 years ago when president Bush and the conservative/Republican/Tea Baggers in congress charged a tax cut and two wars on that credit card you're talking about and allowed our economy to be looted as well.

    Now its time for president Obama and the democrats to fix the problems caused by their lie and spend policies and put people back to work.
     
  5. CS natureboy

    CS natureboy Porn Star

    Joined:
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    What are you talking about? You are living in a fantasy world...

    This mess was directly caused by the Democratic party. Our economy was doing very well until the Democrats took over both Houses in 2006. Then the economy imploded after Barney Frank and Chris Dodd set up their own personal fortunes with backdoor deals with Fannie Mae and Freddie Mac. It sounds like a Mafia family transaction. And for all intents and purposes, it was.

    The downfall of our economy began with Congress, under the power of the Democrats – demanding that lending institutions lend to essentially those incapable of backing up their loans and unable to pay them. They all began to default eventually, and this domino effect led to the housing crisis as the defaults began pouring in at a record rate. Then like dominos – the rest of our U.S. economy followed suit and we had a crash and burn. All thanks to the Democrats. YOUR Demorats stumbler!!!
     
  6. ThisFNG

    ThisFNG Porn Star

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    stick your head in the sand between the metal rails little ostrich, that's not a train you hear. . .
     
  7. Distant Lover

    Distant Lover Master of Facts

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    The Wall Street Journal disagrees with you.

    ---------

    President George W. Bush entered office in 2001 just as a recession was starting, and is preparing to leave in the middle of a long one. That’s almost 22 months of recession during his 96 months in office.

    His job-creation record won’t look much better. The Bush administration created about three million jobs (net) over its eight years, a fraction of the 23 million jobs created under President Bill Clinton‘s administration.
    *not_secure_link*blogs.wsj.com/economics/2009/01/09/bush-on-jobs-the-worst-track-record-on-record/

    ---------

    So does the Atlantic.

    ---------

    On every major measurement, the Census Bureau report shows that the country lost ground during Bush's two terms. While Bush was in office, the median household income declined, poverty increased, childhood poverty increased even more, and the number of Americans without health insurance spiked. By contrast, the country's condition improved on each of those measures during Bill Clinton's two terms, often substantially.
    *not_secure_link*www.theatlantic.co...09/closing-the-book-on-the-bush-legacy/26402/
     
  8. stumbler

    stumbler Porn Star

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    :excited::excited::excited::excited::excited::excited::excited:
     
  9. CS natureboy

    CS natureboy Porn Star

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    No, a hysterical liberal named Sudeep Reddy disagrees with me and with anything that is true and makes sense.

    It's kind of funny you pick a big Palin hater for an example.

    Any more ultra libtards you want to bring up while crying "it's bush's fault"?
     
  10. Distant Lover

    Distant Lover Master of Facts

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    Last edited by a moderator: Jul 16, 2011
  11. stumbler

    stumbler Porn Star

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    Because it is and because a majority of Americans know that.:excited:

    Which might just make the current crop of conservative/Republican/Tea Baggers the most politically ignorant and suicidal politicians in US History.

    And also the most wasteful. The Democrats and President Obama are setting new records for fund raising while the GOP is spending there money dividing it between people who don't have a prayer of getting elected.;):excited:
     
  12. CS natureboy

    CS natureboy Porn Star

    Joined:
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    Do you even read the moronic shit you post?

    Well obviously not....

    LOL, this is not surprising.

    Can you see the name in red at the bottom of the article you posted?

    Perhaps you could find someone to read it too you?


    By WSJ Staff
    President George W. Bush entered office in 2001 just as a recession was starting, and is preparing to leave in the middle of a long one. That’s almost 22 months of recession during his 96 months in office.
    His job-creation record won’t look much better. The Bush administration created about three million jobs (net) over its eight years, a fraction of the 23 million jobs created under President Bill Clinton‘s administration and only slightly better than President George H.W. Bush did in his four years in office.
    Here’s a look at job creation under each president since the Labor Department started keeping payroll records in 1939. The counts are based on total payrolls between the start of the month the president took office (using the final payroll count for the end of the prior December) and his final December in office.
    Because the size of the economy and labor force varies, we also calculate in percentage terms how much the total payroll count expanded under each president. The current President Bush, once taking account how long he’s been in office, shows the worst track record for job creation since the government began keeping records. Sudeep Reddy
     
  13. Distant Lover

    Distant Lover Master of Facts

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    So what did Sudeep Reddy say that is not true? :confused:
     
  14. CS natureboy

    CS natureboy Porn Star

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    Every thing she said is a lie and based on her own opinion and Gore type of math.

    OK?
     
  15. CS natureboy

    CS natureboy Porn Star

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    Here is something more credible and up to date.


    June 13, 2011



    Subscribe

    Housing: The Great Debt Expansion of the 1990s and 2000s and The Failure of Demand Side Economics

    Economic growth periods are associated with credit expansion. The “Reagan Recovery” of the 1980s was accompanied by a large growth in Household Financial Obligations as a percentage of Disposable Household Income. The percentage rose to 18% in during the 1980s before falling to 16% during the early years of the Clinton Administration.
    Then came the “Clinton Recovery” during the 1990s which saw an unprecedented expansion of credit to fuel consumer purchases, particularly housing. This is classic demand side economic stimulus from the Federal government.
    The Federal government has engaged in demand side economics by using the GSEs as a money pump to make trillions of dollars available for housing. This “money pump” also stimulated housing and commercial real estate construction and increased employment. But like any demand side stimulus (cheap money and trillions of it), the unintended consequences have been devastating.
    In the following chart I show the GSE/Agency debt (e.g., Fannie Mae, Freddie Mac, Federal Home Loan Bank debt) as a percentage of Federal debt held by investors. Going back to Q1 1952, this ratio was 1.58%. By Q3 2003, this ratio had risen to 150.28%. That is, GSE debt to Federal debt went from almost zero to 150% of Federal debt.
    The growth of GSE/Agency debt represents the push by various Administrations for higher home ownership rates. Looking at the massive expansion of GSE debt to fund mortgage lending, is it any wonder that there was a massive distortion in consumption by households, particularly at constantly falling mortgage rates.
    *not_secure_link*confoundedinterest.files.wordpress.com/2011/06/gsefed.png?w=618&h=507
    The most recent data shows that Federal debt has soared while GSE/Agency debt has actually declined. So, the ratio is below 100% again.
    *not_secure_link*confoundedinterest.files.wordpress.com/2011/06/gseagencydebt2.jpg?w=618&h=449
    To demonstrate how the big housing push by the Federal government distorted housing markets and household budgets, let’s examine household financial obligations as a percentage of disposable income. The economic expansion of both the Reagan and Clinton/Bush Administrations was funded by debt expansions by consumers. But the Clinton debt expansion for households dramatic and lasted until the peak of the housing bubble. We went from 16% household financial obligations at a percentage of disposable income at the beginning of the Clinton Administration to almost 19% at the peak of the housing bubble (under Bush).
    *not_secure_link*confoundedinterest.files.wordpress.com/2011/06/housingconsumerdebt1.png?w=618&h=370
    After that bubble burst, households are deleveraging (see “The Great Debt Retraction”). It is unclear where the deleveraging will stop (although a recent Wall Street Journal article claims that the average household still needs to trim $26,172 in debt). That amount of deleveraging would take us back to where we began “The Great Debt Expansion.”
    On top of the deleveraging, American households lost 56% of their owner’s equity in real estate from the peak of the housing bubble to Q1 2011.
    *not_secure_link*confoundedinterest.files.wordpress.com/2011/06/oehrenwbshno_max_630_378.png?w=618&h=370
    With the catastrophic loss in home owner equity and the deleveraging of household balance sheets, how is a rally in the housing market going to take place? The answer is that banks and the GSEs will have to try to replicate the Great Credit Expansion of the Clinton/Bush years – the only problem is that we can no longer keep expanding debt to fuel consumer expenditures and housing.
    If we look at the recent data on subprime mortgage securities, we see that prices are falling rapidly signalling concerns over the housing market. I wrote about declining CMBS prices last week and the subprime mortgage market is showing weakness as well.
    *not_secure_link*confoundedinterest.files.wordpress.com/2011/06/abx.jpg?w=500&h=375
    The bottom line is that both our country and households have too much debt relative to income and assets. Unfortunately, we can no longer recreate the Great Credit Expansion like in the Clinton/Bush years. Hence, house prices in the future will likely grow more slowly once they hit bottom.



    Read more from Banking, Commercial RE, General Economy, Housing
     
  16. Distant Lover

    Distant Lover Master of Facts

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    She made factual assertions that should be easy to disprove if they are not true. Can you disprove them? What is your source? My source, once again is The Wall Street Journal. I doubt very much that that newspaper would have lied about statistics that make Republicans look bad.
     
  17. CS natureboy

    CS natureboy Porn Star

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    Look at the post above yours, this disproves her opinion. My source is not a liberal rag news paper.....:rolleyes:
     
  18. stumbler

    stumbler Porn Star

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    I see you're suffering from the same amnesia as the conservative/Republican/Tea Baggers are so here's the cure for that. And its not from just a liberal blog. Its from the horse's mouth you claim is responsible for this mess, Barney Frank himself.

    And I know you have neither the intelligence nor the guts to read it but I'll tell you in advance that if you did you won't be able to prove any of it false or a lie.

    *not_secure_link*www.huffingtonpost.com/rep-barney-frank/is-there-an-antidote-to-t_b_176538.html
     
  19. Distant Lover

    Distant Lover Master of Facts

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    If you think The Wall Street Journal is a "liberal rag news paper," that reveals your truly astounding ignorance. :eek:

    Instead of throwing a big copy and past job that you did not explain and probably do not understand, tell me what Sudeep Reddy wrote that was not true. Document your argument.

    This, once again is what she said:

    "The Bush administration created about three million jobs (net) over its eight years, a fraction of the 23 million jobs created under President Bill Clinton‘s administration."
    *not_secure_link*blogs.wsj.com/economics/2009/01/09/bush-on-jobs-the-worst-track-record-on-record/

    Now I highlighted two of Sudeep Reddy's factual assertions. If more than three million jobs were created when George W. Bush was president, what was the number? If fewer than 23 million jobs were created when Bill Clinton was president, what was the number?
     
  20. CS natureboy

    CS natureboy Porn Star

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    And that is all they are, "assertions" and the opinion of a blind liberal. Nothing more.......