Barack Obama, our next President

"The road ahead will be long. Our climb will be steep," Obama cautioned. Young and charismatic but with little experience on the national level, Obama smashed through racial barriers and easily defeated ... Read more
Rund Paul

Netherlands

#857827 Feb 11, 2013
Rund Paul wrote:
<quoted text>
Well, I, for one, am going to be on the lookout for an old white guy with a desktop on his dashboard.
One more thing. Just look for the cross eyed liberal talking to himself. Then you'll know it's me!
Realtime

Deltona, FL

#857830 Feb 11, 2013
No Surprize wrote:
<quoted text>The average price of a residential solar system in the U.S. is about $20,000.
WTF is a residential solar system? Please be specific.
sonicfilter

Fishers, IN

#857831 Feb 11, 2013
The Balanced Budget Amendment Rears Its Farcical Head Again

After the unsatisfying conclusion of the fiscal cliff saga, House GOP leaders resolved to reestablish regular order in the consideration of fiscal policy. No more secret negotiations with the White House. No more eleventh-hour crisis-averting votes. This was the impetus behind the bill to force the Senate to pass a budget for the first time in years, possibly paving the way for the first joint budget resolution since 2009.

A return to normalcy: what a splendid idea!

Which is why I’m scratching my head at the news that Republicans plan to make a balanced budget amendment to the Constitution the centerpiece of their fiscal agenda. The proposal would cap federal spending at 18 percent of GDP as well as require supermajorities for tax hikes and debt ceiling increases.

AEI’s James Pethokoukis deconstructs the practicality of the spending cap:

[L]et’s quickly examine whether capping federal spending at 18% of GDP is realistic. I am not sure it is. If the bill excludes interest spending? Maybe. If so, then the BBA would be capping spending at roughly the historical average of around 20% to 21% of GDP. But even doing that for the long term will be tough (especially without slashing defense spending to Europe’s minimalist levels). Recall that the Bowles-Simpson plan has a long-term spending target of 21%.

Just as problematic is the institutional folly that the BBA represents. Instead of reasserting democratic control over fiscal policy, as had been the plan until five minutes ago, a BBA regime would take us in the opposite direction – toward newly empowered judges. The literature on how a BBA would invite judicial interference into fiscal policy is vast — for a taste, see Ed Meese, Walter Dellinger, and Peter H. Schuck – and, to my lights, dispositive. But that’s not all. The executive branch, too, would potentially gain new authority over spending — which the Goldwater Institute, strangely, sees as a feature rather than a bug.

Then there’s the question of “optics.” Come the State of the Union Address, President Obama plans to grasp the mantle of restoring middle-class prosperity. Republicans are set to counter with the dry language of fiscal rectitude, behind which lurk accounting gimmicks and berobed men armed with calculators.

Is there a more self-defeating political strategy than this?

http://www.theamericanconservative.com/the-ba...
Realtime

Deltona, FL

#857832 Feb 11, 2013
discordian wrote:
<quoted text>
http://www.sjsu.edu/faculty/watkins/subprime....
San José State University
Department of Economics
The Nature and the Origin
of the Subprime Mortgage Crisis
excerpt:
"Because Fannie Mae and Freddie Mac made a market for subprime mortgages the lenders did not have to worry about of the soundness of the mortgage contract they wrote. Thus the lenders could write the mortgages as adjustable interest rate mortgages knowing full well that an upturn in the interest rates could easily throw the borrower into insolvency. For example, when the interest rate is 6 percent the mortgage payment for a 30-year $200,000 mortgage is $1199 per month. If the interest rate goes up to 7 percent the mortgage payment would increase by $131 per month, an 11 percent increase. For many of the subprime borrowers living on the edge of insolvency this would be enough to push them over the edge. The guilt for the subprime mortgage financial crisis lies both with the lenders who knowingly put borrowers into booby trapped mortgages and the management of Fannie Mae and Freddie Mac for making a market for such booby trapped mortgages thus giving the lenders the incentive for writing them. "
Read it, dummy.
Thayer Watkins is a fkn right wing lunatic.

And a fkn liar to boot!
No Surprize

Seminole, FL

#857833 Feb 11, 2013
Realtime wrote:
<quoted text>WTF is a residential solar system? Please be specific.
Prices have plummeted so much over the past two years that the solar panels and associated supplies cost about $8,000 for a typical 4,000-watt residential system. A qualified solar specialist or electrician should be able to install these panels for about $2,000 given that it’s only about a day of work. The total installed price should be about $10,000, without any tax credits or incentives. That is about the price of a comparable system in Germany.

But the average price of a residential system in the U.S. is about $20,000.

http://www.forbes.com/sites/toddwoody/2012/07...

The highest form of ignorance is when you reject something you know nothing about. You are a very special kind of stupid aren't you?

Since: May 11

Loysville, PA

#857834 Feb 11, 2013
discordian wrote:
<quoted text>
http://www.sjsu.edu/faculty/watkins/subprime....
San José State University
Department of Economics
The Nature and the Origin
of the Subprime Mortgage Crisis
excerpt:
"Because Fannie Mae and Freddie Mac made a market for subprime mortgages the lenders did not have to worry about of the soundness of the mortgage contract they wrote. Thus the lenders could write the mortgages as adjustable interest rate mortgages knowing full well that an upturn in the interest rates could easily throw the borrower into insolvency. For example, when the interest rate is 6 percent the mortgage payment for a 30-year $200,000 mortgage is $1199 per month. If the interest rate goes up to 7 percent the mortgage payment would increase by $131 per month, an 11 percent increase. For many of the subprime borrowers living on the edge of insolvency this would be enough to push them over the edge. The guilt for the subprime mortgage financial crisis lies both with the lenders who knowingly put borrowers into booby trapped mortgages and the management of Fannie Mae and Freddie Mac for making a market for such booby trapped mortgages thus giving the lenders the incentive for writing them. "
Read it, dummy.
The market was generated by financial institutions who bundled these mortgages into securities. They hid these bad mortgages among good mortgages. Then paid for top ratings.

Fannie & Freddie participated along with numerous other institutions. They were not the cause.

“Gloria Ad Caput Venire”

Since: Jan 08

Coldwater, Mi

#857835 Feb 11, 2013
Waxman wrote:
Yet anther Democrat has gone berserk. This time there was no scary looking (BOO!) rifle, libtards.
"A suspected gunman and two women were killed after shots were fired inside a courthouse in Delaware, police say.
Wilmington police told Fox 29 that a man walked into the lobby of the New Castle County Courthouse on Monday morning and opened fire."
Read more: http://www.foxnews.com/us/2013/02/11/shooting...
We need gun control laws now! Democrats should not be allowed to have any guns, knives or mouths. The later is used to steal & mooch with.
They would steal the food right off my fork if I let them.

Since: May 11

Loysville, PA

#857837 Feb 11, 2013
Realtime wrote:
<quoted text>WTF is a residential solar system? Please be specific.
He has a sun & several planets orbiting in his back yard.
Jane Says

New York, NY

#857838 Feb 11, 2013
Eman wrote:
<quoted text>
You're always so wound up on here. I hope you're not like this in real life. I already said solar energy is free.
when would Real Dave have a real life? he's married to Topix, like Looney Lily is.
Realtime

Deltona, FL

#857840 Feb 11, 2013
No Surprize wrote:
<quoted text>Prices have plummeted so much over the past two years that the solar panels and associated supplies cost about $8,000 for a typical 4,000-watt residential system. A qualified solar specialist or electrician should be able to install these panels for about $2,000 given that it’s only about a day of work. The total installed price should be about $10,000, without any tax credits or incentives. That is about the price of a comparable system in Germany.
But the average price of a residential system in the U.S. is about $20,000.
http://www.forbes.com/sites/toddwoody/2012/07...
The highest form of ignorance is when you reject something you know nothing about. You are a very special kind of stupid aren't you?
WTF is a residential solar system?

Please be specific.
No Surprize

Seminole, FL

#857841 Feb 11, 2013
RealDave wrote:
<quoted text>
He has a sun & several planets orbiting in his back yard.
Building codes, structure requirements and permits for solar panels are different for residential than commercial.. You and Realtime need to go hunting and and hunt each other.
No Surprize

Seminole, FL

#857842 Feb 11, 2013
Realtime wrote:
<quoted text>WTF is a residential solar system?
Please be specific.
So much to do...You with Google, so little desire to do it. Mistakes are proof that you are trying... You retards who wish to sing...always find a worthless song.
carol

Orlando, FL

#857843 Feb 11, 2013
Realtime wrote:
<quoted text>WTF is a residential solar system? Please be specific.
Well, here in Orlando it's when Uncle Jilly gets really drunk and his shotgun falls off the bed and goes off blowin' a hole in the ceilin' an' then you go up there an' tape some clear plastic over it.
carol

Orlando, FL

#857845 Feb 11, 2013
No Surprize wrote:
<quoted text>Building codes, structure requirements and permits for solar panels are different for residential than commercial.. You and Realtime need to go hunting and and hunt each other.
No they're not. Collateral load is collateral load. Electrical load is electrical load. Weight is weight. Solar panels weigh essentially nothing. They're not even really a legitimate load. One man can pick one up and handle it with ease.
No Surprize

Seminole, FL

#857846 Feb 11, 2013
carol wrote:
<quoted text>
No they're not. Collateral load is collateral load. Electrical load is electrical load. Weight is weight. Solar panels weigh essentially nothing. They're not even really a legitimate load. One man can pick one up and handle it with ease.
Belief follows yours intention. Your creativity is your lack of intelligence having fun.

Since: Nov 09

Pharr, TX

#857847 Feb 11, 2013
No Surprize wrote:
<quoted text>When you truly love someone like waxman, you don't judge them by their past. You leave it there. Just be happy your future belongs to him...
Will any one of the twelve people that thought this dumbass post was brilliant please explain why?
Or waxturd, will you admit you are a narcissistic self-gratifying psychotic piece of shit that awards himself judge-its to validate his pathetic existence?
No Surprize

Seminole, FL

#857848 Feb 11, 2013
OldRaider wrote:
<quoted text>
Will any one of the twelve people that thought this dumbass post was brilliant please explain why?
Or waxturd, will you admit you are a narcissistic self-gratifying psychotic piece of shit that awards himself judge-its to validate his pathetic existence?
If it takes you more than an hour to get ready OldRaider, then you may not be as cute as you think. You growing old is inevitable, growing up was optional.
Rund Paul

Windsor, CT

#857849 Feb 11, 2013
positronium wrote:
<quoted text>They would steal the food right off my fork if I let them.
Yes they will. Think about what these idiot fools are doing to our kids. They have no shame.
carol

Orlando, FL

#857850 Feb 11, 2013
No Surprize wrote:
<quoted text>Belief follows yours intention. Your creativity is your lack of intelligence having fun.
What? I mean, what? Do you people all go to the same G-rated movies together in some hospital of the damned? Creativity IS intelligence, moron, they're not mutually exclusive. Belief follows intention??? Who the fuck cares? See: creativity above.

Intelligence does not spring from one's will. Intentionality is all well and good but without creativity you are just copying; merely surviving dumbly. "Belief" is a chimera, all who "believe" are simply scared of not knowing. Those of us who are truly creative, create. Those of us who are drones climb into our cars or onto our motorcycles in the hope that someone will notice the rewards of intentionality and striving.
No Surprize

Seminole, FL

#857852 Feb 11, 2013
carol wrote:
<quoted text>
What? I mean, what? Do you people all go to the same G-rated movies together in some hospital of the damned? Creativity IS intelligence, moron, they're not mutually exclusive. Belief follows intention??? Who the fuck cares? See: creativity above.
Intelligence does not spring from one's will. Intentionality is all well and good but without creativity you are just copying; merely surviving dumbly. "Belief" is a chimera, all who "believe" are simply scared of not knowing. Those of us who are truly creative, create. Those of us who are drones climb into our cars or onto our motorcycles in the hope that someone will notice the rewards of intentionality and striving.
Somtimes you have to shut up, swallow your pride and accept that your're wrong. It's not giving up. It's called growing up you moron.

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