Barack Obama, our next President

[Sister Kathryn Lust]

sonicfilter wrote:

These facts explain why the tax pledge that virtually all Republicans blindly support is ultimately self-defeating. Refusing to raise revenue automatically leads to higher spending for interest on the debt. However, Republicans routinely deny this, asserting that capping revenue at some arbitrary percentage of G.D.P. will somehow or other force huge cuts in spending that will prevent deficits from rising to inconceivable levels. Implicitly, they believe in a nonsensical theory called starve-the-beast that is totally refuted by the budgetary experience of the last 20 years.
The frightening thing is that the projections for interest on the debt assume that interest rates don’t rise in the near term and don’t rise at all even as the federal debt rises to 200 percent of G.D.P. in 2037 and to 885 percent of G.D.P. in 2082. The G.A.O. assumes that short-term rates on Treasury securities average 1.3 percent through 2017 and 3.7 percent in the long run, and rates on 10-year Treasuries will average 3.4 percent in the short-run and 5 percent in the long run.
These assumptions cannot be taken at face value. Federal borrowing of the magnitude projected would undoubtedly raise inflation and real interest rates, both of which would raise market interest rates far above those projected, sharply raising federal spending for interest. Rising inflation would also force the Federal Reserve to tighten monetary policy, which would also raise real rates.
In short, the G.A.O. projections are a best-case situation insofar as interest on the debt is concerned. It could get a lot worse very quickly, and at that point it is almost a certainty that taxes will rise far more than would be necessary to stabilize the debt-to-G.D.P. ratio and hence interest on the debt. Therefore, the absolutist position against raising revenue is essentially penny-wise and pound-foolish.
It’s too bad that misplaced fears about the fiscal cliff have taken off the table the option of simply letting all the automatic tax increases and spending cuts go into effect. While this would indeed reduce short-run growth, the Congressional Budget Office says the reduction in projected deficits would actually raise growth in the medium- and long-term (see pages 24-25 of the report).
http://economix.blogs.nytimes.com/2012/12/11/...

It's that whole 'big picture' thing....Thanks for posting this, as it's what I've been prone to advocate for the last 6 years.

:)

[TheIndependentMa jority]

Obama 2016 wrote:

<quoted text>Even Crowder himself said there were no police because they weren't necessary at first. It was an extremely peaceful demonstration until he started running his big mouth and insulting the union members. Even his cameraman was telling him to shut up. He was just trying to stir the demonstrators up so Fox would let him appear on TV. If he hadn't stirred things up the whole event would have been a non-story.

It was historical day-progress in the making--FOR the Working People, By the Working PEOPLE of the Working PEOPLE. Too bad the apeman missed his chance to speak intelligently and CHOSE rather instead to act like an ignorant animal.

GOOD for the (intelligent type) PRO-DEMOCARCY, ANTI-CommieTIC Working people--MORE in THEIR pockets-NOT in some neaderthal fist slinging, UNaccountable THUG's pockets!

GOOOOOO NON-THUG, more intelligent type working class People!!!!!!!

[carol]

Homer wrote:

Homer not buying into the fiscal cliff hype.

What hype don't you believe?

The Feds stepping in to help the economy because of a "grave concern" over the high unemployment rate, warning Congress to avoid going over the cliff to prevent another recession in 2013?

Or Geithner telling ABC that Obama is absolutely willing to go over the fiscal cliff?

[TheIndependentMa jority]

Homer wrote:

<quoted text>Take your 'gimmicks' somewhere else, Homer not buying into them.

NO gouging the WORKING class people Homer--gouge EVERYBODY-NOT just some!!!!!!

AND--SHAME on you-- for DISCRIMINATING against hard working people!

Get outa my chair in front of my desk now lol.

[Chicagoan by Birth]

OldRaider wrote:

<quoted text>
Right to work laws allow non-union workers to steal benefits attained by dues paying members. As any good rightwinger will tell you, violence against thieves is necessary to protect your property.

You had better learn just a little bit about union contracts and non-union employees. Oh that's right your lawyer read all your contracts. Violence against anyone is punishable by law. It's really a stretch to say a union contract is 'your property'?
You may shoot a person who illegally enters your home, inside the home. If you shoot him/her leaving in your backyard or where ever, you better drag them back into your home, before the authorities show up.

[sonicfilter]

Sister Kathryn Lust wrote:

<quoted text>It's that whole 'big picture' thing....Thanks for posting this, as it's what I've been prone to advocate for the last 6 years.
:)

Bruce was ostracized from the party for telling the truth about Bush, and he just keeps telling the truth while they do their level best to ignore him.

I keep calling him the Nate Silver of economics. And we know what happened when they ignored Nate.

[Sister Kathryn Lust]

TheIndependentMajority wrote:

<quoted text>
WRONG.
Reason number umpteenth-
MANY people celebrate the CHRIST part in CHRISTmas.

So what? Many people DON'T celebrate either Christ, or Christmas. It's a 'free exercise of religion' type of society here, in case you didn't notice, and NO religion should engender a United States Federal holiday. Ever.

TheIndependentMajority wrote:

<quoted text>Dayum, did your parents dip you in ignorant for life water when you were born or something?

No. But it's quite apparent that yours didn't do you any favors in the 'smaahts' department.

:)

[Fenris the Archangel]

Obama 2016 wrote:

<quoted text>Typical racist republican comment. There are no blacks on Staten Island. It's a haven for rich white racists. Any looting being done is being done by racist white thugs.

Hahaha! You dumbass porch monkey, "rich white racists" wouldnt even be NEAR Staten island after Sandy; they'd go to one of their OTHER homes and wait for the insurance $$$ to roll in. Here are the arrests in Staten Island in the first artcle that popped up; they really sound "old & white"...

Details emerge about 5 looting arrests on Staten Island
By Frank Donnelly/Staten Island Advance Staten Island Advance
on November 01, 2012 at 4:47 PM, updated November 01, 2012

Staten Island Advance/Michael Oates STATEN ISLAND, N.Y.-- As Staten Islanders struggled to cope with Hurricane Sandy's devastation, looters tried to take advantage of beleaguered and shuttered businesses, prosecutors said.

Five suspects have been arrested in connection with two separate incidents, and a Prince's Bay resident was busted after a stolen generator and trailer were found in his driveway.

The first episode occurred Tuesday at noon.

Officers responding to the Rent-A-Center at 1230 Castleton Ave., West Brighton, allegedly saw Manhattan resident Damion Pratt, 19, exiting. Pratt was climbing through the locked front door, which had been smashed open, and through a hole cut in the security gate, said court papers,

Inside the store, cops found Deshawn Pratt, 16, of the 800 block of Henderson Avenue, West Brighton, hiding beneath a mattress and bed frame. The younger Pratt tussled with officers who tried to arrest them and initially gave them a bogus name when asked to identify himself, said prosecutors.

Both defendants were charged with a felony count of burglary, along with misdemeanor counts of criminal trespass and attempted petit larceny, said a spokesman for District Attorney Daniel Donovan. Deshawn Pratt is also accused of false personation and resisting arrest.

In an unrelated episode early Wednesday morning, three North Shore men were allegedly caught in the act of trying to break into a Concord store.

Court papers said officers arrived at 588 Richmond Rd. at about 12:30 a.m. and found Christopher Santana, 30, sawing a gate lock with an electric saw. Another suspect, Louis Pallo, 20, was prying the lock with a crowbar, while a third suspect, Jamel Gibson, 33, appeared to be keeping lookout, said court records.

Santana and Pallo live on Warren Street, Stapleton; Gibson resides on the 100 block of Park Hill Avenue, Clifton.

The suspects are accused of attempted burglary, criminal mischief and possessing burglar's tools, said Donovan's spokesman.

Later, Wednesday morning on the South Shore, officers allegedly found a generator and trailer in the driveway of Joseph Martino's Queensdale Street home. The equipment had been stolen on Tuesday from a MetroPCS storage yard, said court papers.

Martino, 30, told cops he had bought them for $1,000 from a man outside a Home Depot store, court documents said. Martino allegedly said the seller transported the equipment to his home. Cops said the generator and trailer were valued collectively at $20,000.

Martino was charged with three counts of stolen-property possession, said prosecutors.

[RealDave]

Eman wrote:

<quoted text>
Now let's see if putz can remember a conversation
" Eman wrote: <quoted text> Come on homey, we have to tackle the 1.2 trillion deficit before we cab touch the debt. Cut, cut, cut"
See? Spending in general, stupid fck.

But that was NOT the post to which I was replying.

I knew you were too big an sniveling jerk to ever admit you were wrong.

[sonicfilter]

Poll: Nearly 60 Percent Of Republicans Want GOP To Compromise In Fiscal Cliff Deal

http://livewire.talkingpointsmemo.com/entry/p...

if they're running scared....i figure we need to go over the cliff. fix the middle class cuts after it happens, leave the rest alone, and there ya go.

[Fenris the Archangel]

Obama 2016 wrote:

<quoted text>How do you expect a single mother to care for 15 children on her own? This is why America has "safety nets". Her children deserve to be fed, housed, clothed, educated and medical care, regardless of the cost. Don't be so selfish. Life is not all about you.

You sick fckn baboon; 15 kids?? ANYONE breeding that much should have been sterilized long ago (especially if they cant afford them). Why do people who were responsible have to pay for this brood sow's "buyer's remorse"??

[TheIndependentMa jority]

Chicagoan by Birth wrote:

<quoted text>You had better learn just a little bit about union contracts and non-union employees. Oh that's right your lawyer read all your contracts. Violence against anyone is punishable by law. It's really a stretch to say a union contract is 'your property'?
You may shoot a person who illegally enters your home, inside the home. If you shoot him/her leaving in your backyard or where ever, you better drag them back into your home, before the authorities show up.

Oooo good tip o' the day... on how to deal with nutcase, stalker, psychoTic type thugs!!

[RealDave]

EasyEed wrote:

<quoted text>
"real dumb"
One more time you lie. You are good at lying. Previously one had to be a union member to get a job in certain industries. To day they open shop.
Peace
KMA

"A right-to-work law is not needed to protect nonunion workers. Several federal laws already protect the rights of nonunion employees in unionized workplaces, such as the NLRB vs. General Motors Supreme Court decision in 1963, and the Communication Workers vs. Beck decision of 1988. Under federal labor law, workers cannot be legally required to join a union as part of a collective bargaining contract.[Maine Center for Economic Policy, 2/19/11]"

[ole_47]

sonicfilter wrote:

Steven, stop whining, take your licks, and accept that getting hit in the face is a hazard of inserting yourself in the middle of an argument between billionaire-funded know-nothing ideologues and people whose livelihoods and stability are being threatened by the insatiable greed of the super-rich and the blind extremism of their wooden-headed political allies. In exchange, liberals will buy you a band-aid for the cut on your forehead and re-iterate that Punching Is Bad. Sound good?
http://gawker.com/5967804/do-we-really-have-t...

so says the $10 an hour NON-UNION wire puller...

[Fenris the Archangel]

Obama 2016 wrote:

<quoted text>The AR15 he stole belonged to a right-wing NRA gun nut. Proof positive that when guns are available, gun crimes will occur. If a gun ban had been in effect, there would have been no gun for him to steal. Just another reason America needs to get rid of all these guns.

Great response; "get rid of the inanimate tool that was stolen, not the criminal mutt that stole it".

Good thing dipshts like you are laughed at by policy makers. Guns will NEVER leave this country, if for no other reason so we can keep the negro on negro crime rate up at record-setting levels...

[Fenris the Archangel]

Here's yet another "rich white racist" being arrested for looting on Staten Island after Sandy...:-)

http://assets.nydailynews.com/polopoly_fs/1.1... !/img/httpImage/image.jpg_gen/ derivatives/landscape_635/arti cle-looting2-1031.jpg

[carol]

sonicfilter wrote:

Hannity Guest Confronts Steven Crowder:‘You Deserve What You Got’
Crowder described the scene yesterday as a “melee” and said even if he had lacked restraint, it would not have justified his getting assaulted.
http://www.mediaite.com/tv/hannity-guest-conf...
'he lacked restraint'
that should settle the issue. if not, let's talk about edited video.

From your article:

Crowder: He was attacking a tent with women and children in it! People were pulling him off!

Sullivan: Oh, he was attacking a tent! Then what were you doing?

Crowder: We were there trying to prevent people from being hurt in the tent!

Sullivan: Listen, Steve, you deserve what you got!

Crowder: You are a liar, sir!

Sullivan: You deserve what you got.

When asked about right-to-work laws being fair, Sullivan agreed there should be less “dictatorship” in the way unions are run.

..."less 'dictatorship' in the way unions are run..."

He just lost his argument. You lost yours too.

[ole_47]

sonicfilter wrote:

Outgoing Sen. Jim DeMint said Thursday President Obama will "get his wish" to raise taxes as part of a deal to avert the fiscal cliff.
"We're going to be raising taxes," DeMint told "CBS This Morning."
http://livewire.talkingpointsmemo.com/entry/d...

not yours I bet!

i'd wager a bottle of Dom Perignon you are under $58K...

[Fenris the Archangel]

RACISTS wrote:

<quoted text>
Were do you come up with the racists?Are you talking about the Blacks?I go in the malls and i see black and white kids hanging out with one another!I see a lot of Blacks married to whites!
I have some Blacks that come to my church!Were are the racists?The
white people are the ones that put Obama in Office!!!!Why are you making this lie up????

Obama2016 is mentally-challenged. he just cant help himself. Its like Turrets syndrome run through a blender....

[TheIndependentMa jority]

Sister Kathryn Lust wrote:

<quoted text>So what? Many people DON'T celebrate either Christ, or Christmas. It's a 'free exercise of religion' type of society here, in case you didn't notice, and NO religion should engender a United States Federal holiday. Ever.
<quoted text>No. But it's quite apparent that yours didn't do you any favors in the 'smaahts' department.
:)

EXACTLY Right--and that is when we wish the other types a Happy Holiday of their OWN preferences.
SO, apparently, you do not celebrate the CHRIST part in CHRISTmas.

To which can then be stated-Happy Holi-day to yew as well!!

And no, you would be correct on the "favors for loserTics" type thing, as mine were consumed with having to pay for ALL thier own ways---such as one having his OWN PhD, thus teaching me WELL, that I too, should do the same with my OWN education (rather than relying on UNentitled "favors" of rather seedy based nature at times.) The same for my beloved 30 year hard working class matriach as well-- Bless their always and ever HARD WORKING, tax paying contributing, never givverment sucking off of OTHERS hard earned dollars w/out contributing type hearts!!