Comments (Page 655)
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Fiscal Year{ FY } in politics is from October to September. Bush presented Obama with a 9% constricting economy. Bush reieceved a 5.6 Trillion surplus to budget debt from Clinton. So lets take that and subtract what Bush debts were, that he handed over to Obama. Surplus of $5.6 Trillion plus all debts incurred since October 2008 to January 2009 and we come with a 5.6% reduction in debt to GDP. In 3.3 years Obama is at 15.1% to debt of GDP, from a 20.7% increase to debt by Bush and going rapidly down into the abyss.
Stimulus plan to revitalize the middle class produced a beneficial return on investment. We have seen an impressive recovery in the equity markets from Bush’s stock markets lost of 14 years of gains. Markets had retraced the lows back to 1996 in less than 17 months. Greatest lost ,in market value, in our Nations history. Obama’s actions helped restore equity markets post a gain of 105% through April of 2011. During Obama’s first 27 months in office. Making up most of the losses with gains to the DOW of 17.2%, S&P 500 25.3% and the NASDAQ 31.7%. Compare this to say Reagan first 3.3 years in office Reagan’s gains to ; DOW 6.86%, S&P 500 6.16%, NASDAQ 7.02%. Obama has surpassed most of his predecessors, including Bill Clinton and Ronald Reagan! Stimulus also stopped the decline in corporate profits that started under George W. Bush. Stimulus helped produce an increase of 22% per year in the first two years. Obama has had the slowest growth in spending of any President in the past 60 years: http://www.politifact.com/truth-o-meter/state... |
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Since: Jan 12
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Judged: 1 1 1 I dont think that GM (Govt Motors) has paid back their loans, and dont think they ever will. The taxpayer is on the hook to "forgive" the loans and it is nothing more than a corporate giveaway, endorsed by the UAW to save their outragous pension and health care perks under Obamacare. They are pushing it as a way to "save the working man", but is nothing more than special intersts screwing everyone else in a bid to save their own. And when did I mention either movie? |
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The issue is all about economics! Lets see how the parties measure up.
Pedro Santa-Clara Nova School of Business and Economics; National Bureau of Economic Research (NBER); Centre for Economic Policy Research (CEPR) Rossen I. Valkanov University of California, San Diego (UCSD)- Rady School of Management Pedro Santa Clara and Rossen Valkanov Concurred that the democrats fared better than the republicans by a wide margin. Democrats had consistent above average returns. Most Republicans had lower than average returns and greater volatility. Santa Clara and Valkanov attribute the difference in returns to the stock markets being systematically and positively surprised to discover that democratic polices in a 80 year time frame of quantifiable data, are the best economic stewards for the nation. Differences are substantial. Democrats had a respectable average return of 9.6% as when compared to republicans 0.58% average returns. If an employee’s 401[K] plan was fully invested in stocks at a value of $100,000, at the beginning of the employee’s 40 years of labor, apply this to both parties for returns. Republicans Nest egg would have accumulated $224,375. Democrates Nest Egg would have accumulated $ 3,912,210. Now at $5,000, initial nest egg investment. Republicans Nest Egg would have accumulated $126,027. Democrats Nest Egg would have accumulated $1,985,526. ‘The Presidential puzzle; Political Cycles and the stock market” Accessed December 14 2011, the journal of finance, Vol.LVIII, no.5October 2003 In addition;http://www.politifact.com/truth-o-meter/state... Pulitzer Prize Awarded site Which supports Debt To GDP figures. Last 4 years of Bush attributed 20.7% to debt to GDP. Obama of the 3 years has a Debt to GDP of 15.1%. A reduction to debt of 5.6% in spite of all the sabotaging efforts’ of the republicans.{ Hostage/Ransom} scenarios. Republican’s present financial planning is similar to Herbert Hoover/ Bush…? |
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Since: Jan 12
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Judged: 2 2 2 Cmon Troll, I am still waiting for your evidence of my supposed racism, sexism and bigotted opinions. Its not true and you know it. Its just another pathetic attempt by you to smear anyone who disagrees with you.'You', on the other hand are nothing more than a collection of self-rightous, elitest, lefty snobs who will use any means neccesary to try and get your little tin god re-elected. You despise anyone who you deem to be beneath you, pretty much anyone in "flyover country", which are your own words. So you represent the "Party of Inclusion", the "Party of Open Minded People"? You and the rest of the trolls that make up "OregonSux" are a bunch of hate filled mindless robots who are only capable of repeating what your minders tell you to think and say, and will attempt to destroy anyone who disagrees. |
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Republicans see us on the Brink as democrat see opportunity.
Could this explain why such a diverse view of the same equation? Republicans see a dwindling ability to extract social welfare payments from the bottom of the Pyramid scheme they have designed. Democrats’ see opportunity for our society by cutting welfare payments to the elitist and returning the Pyramid back to its proper position. Cronyism Welfare…. Fair Game? It’s one thing to win in a fair game. Quite another when rules of game are written in such a manner enhancing one’s prospects of winning. Imagine now you can choose the referee’s. Regulatory agencies such as Federal Communications {FCC} telecom. Exchange Commission {SEC} securities. Banking have their Federal Reserves. Political influence to get people appointed to the regulatory agencies who are beneficial to the politician’s desires. Regulatory capture is known as the use of personnel that are associated within the sector that they are to regulate. Another capture is obtained by those they regulate.{cognitive capture} which is more aligned as a sociological phenomenon. Greenspan and Geithner did not actually work for a bank before being appointed to the Federal Reserve, yet there was a natural affinity. A mindset that hey could be identified with banker’s mindset. In spite of the chaos banker’s impressed upon our society, there was no stringent conditions imposed upon them with the bail out. Banker’ hired lobbyist to restrain any restrictive regulation to be imposed upon them. Expenditures were high enough to have each political representative, to be lobbied to the tune of $2.5 million! Banker’s seek to appoint those individuals that have been “captured”. Remaining candidates to be vetoed. Monopolies whether government granted or “sanctioned through inadequate enforcement, have built fortunes of many of the wealthiest people. They merely have the government hand over the wealth. Gifts are hidden in provisions of legislation. Derivative market is above reproach that no regulator can hold them accountable.“Seniority” infused within their infrastructures’ of laws, makes any losses paid first, before workers, creditors and suppliers get to receive any payments. Even if it were to go into bankruptcy. A major contributor to the 2008-2009 disaster. AIG gets $150 Billion from bailout in such a scenario. Another way banker’s protect themselves is to have easy access to unlimited funds from the Federal Reserve at near zero interest rates. Banks can then lend the money back to the government or a foreign government. |
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Multibillions are then transferred to what will produce a profitable return.
Another way is with vast natural resources,{oil, gas, coal, mining concessions}. Government allows free extraction or a fraction of its cost to the investor. Investors are receiving resource for free. Example. Value is$100 Billion and a payment of $5 Billion is all that is required, extractor receives $95 Billion. This is practiced in some of the third world countries as well. Progress to its society is slow, stagnated and or degrading to its social evolution. Politicians are rewarded to maintain the status quo or even accelerate the abuse of the poverty it produces. Auctioning has been proven affective to promote greater competition. Return on profits to government increases for distribution back to the social infrastructure. This however is more the exception than the norm. Another way instead of handing over the resources, for minimal returns, government rewrite rules to increase profits through Tariffs, taxes paid by the companies abroad but not local companies. This can some times be beneficial to the society. Companies that seek this protection are generally outdated, non competitive or made an error and wish to wait for time to be competitive. Example; Ethanol subsidy to farmers for corn is not competitive with Brazils sugar ethanol. Corn is a food staple and raises food products cost. Sugar not so much. Brazil takes the lead. USA has a variety of other vegetations that are not food and are more efficient for ethanol production. Aside from vegetations we have algae’s that digest CO2 for production of ethanol. Ability to compete is there and yet by holding a high tariff on Brazilian ethanol imports {.54 per gallon} and continued subsides to corn production is not beneficial to our abilities to compete. Promoting scenarios of dependency on governments when none is required. Multibillions to squelch our desires to compete on a level field with other nations on the free trade markets. Higher cost to food products and lost of employment in essence is being subsidized by the government! Scenarios such as these and the following illuminates a third party interest is involved that benefits from this abnormality to our free trade markets and to its constituents‘. |
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Another example is the old poison pill scam. Consider back in 2003 republicans introduced , what many refer to as the “Poison Pill” of Health Care. Government extended much needed Medicare drug benefits. A little provision was added to its extension. Provision PROHIBITS government from bargaining for prices on drugs!$50 Billion per year windfall to the pharmaceuticals. Imagine cost to premiums to cover that little bit added expenses. Where will they get it. Perhaps by reducing quality of Health Care. Premium increases, lowering the mortality rate and so on. Ahhh the republican way…. Who can complain? Its what ya’ll voted for, wasn’t it. Lets see 9 X 50 =$450 Billion.. Hmmm Kinda of a leak there… Another welfare overreaching its solution. Oil, Coal, and some Agriculture required assistance at one time, to increase their productivity to markets, with their products. Once established, their success ,welfare is no longer required. Today we have before us welfare abuse an wide and broad base by the elitist. One more before we end this. Observe 2010 top ten oil companies paid zero taxes. Received tax returns into the $Multimillions each. Demand further assistance of $ Multibillions for their welfare. Such is their strengths at present, that they can “SHUTDOWN” the USA should we choose to deny their welfare! These are but the tip, of the reverse pyramid schemes, of the republican scenarios. Obama has had the slowest growth in spending of any President in the past 60 years: http://www.politifact.com/truth-o-meter/state... |
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Nrh you are aware that after LBJ, the democrat south shifted to republican. South could no longer employ the ethics of democrats. Blue democrats of the “Old South” became republicans so as to best define their true colors of the “REDS” This helped the simpleminded to identify their party and their bigoted views. Example; Where would a “Red neck” K.K.K., Neo Nazi, Skinhead and so on find a the party that supports their small, small, small intellects? Now republicans attract them like flies to manure. |
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Since: Jan 12
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Judged: 1 1 1 When did I call you anything? Or are you defending Suxbot? |
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Since: Jan 12
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Judged: 1 1 1 Wow texan, for a while there I thought you were better than some of the others on here, but I guess I was wrong. The UAW negotiated and recieved a deal excluding their ridiculous health care plan (FREE health care for life for you and all of your dependants, for LIFE) in exchange for political support. Every other worker in America, will have to pay taxes on their health care plans, but not the UAW. I guess that's their version of "solidarity" with the rest of the workers of America, horrah for us and screw you. And as far as not giving a damn for this country, F--K you. I wore the uniform and served 6 years. I have seen how the other half of the world lives and if your precious dems keep spending us into oblivion, we will be just like those third world crap holes I served in. Your idiotic party is spending money that we don't have and pretends like its no big deal. Tell me how total national bankruptcy is "looking out for the working man"? How is 16 trillion in debt and climbing good for our future? Of course, you don't think about the long term effects of anything. You just buy the class warfare, rich man screwing the poor man, we hate success mantra that the dems seem to be running on, and don't question a thing. Keep believing that line of BS. It's a simple concept and, although not true, easier to accept than an actual answer to how we got where we are and how we get back to where we should be. |
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Judged: 1 1 1 You didn't mention movies, I did. As for Government Motors?. Media Fail: Chevy Volt Makes NO Money, Costs Taxpayers Hundreds of Thousands of Dollars Per Car Read more: http://newsbusters.org/blogs/seton-motley/201... |
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Judged: 1 1 1 "Republicans see us on the Brink as democrat see opportunity. " Really?. Opportunity for what?. Why don't you tell us what that supposed opportunity is?. Just keep it under 1 terabyte. |
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Judged: 1 1 1 Steelworker Featured at DNC Didn't Work for Bain http://news.yahoo.com/steelworker-featured-dn... |
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Obama has and is moving us forward at an accelerating rate. Observe the markets of Sept.6 2012.
Observe who he had build the infrastructure to hold Bankers to strict derivatives regulations. Banker’s lobbied with over $200 million! to stop the Obama, Elizabeth Warren and Frank Dodds regulations from being implemented. Republicans are still seeking to deregulate them. Expose what their goals are and its NOT for our Main Street USA. Elizabeth goes nose to nose right in the face with Wall Streets tycoons. Our lady tiger that has the Tycoons appreciate fear. She is not a BROWN nosing follower of the herded sheep. 2016 she will be a contender for president my predication. Observe her speech at the convention http://youtu.be/zNcbg1EU_bI U-tube speech. This is one small example of how Obama will seek to continue to move us forward, up and out of the chaos of the republicans mandates. |
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