Longtime GOP Texas Gov. Perry wins another term

Republican Gov. Rick Perry has defeated Democrat Bill White to win a third four-year term as Texas governor. Full Story
Bernard Forand

Fort Myers, FL

#20130 Aug 29, 2013

Mean while back at the ranch. Talk of 1773 reemerging as the fall months arrive.
How about the Budget??
Well, well here we go again. Intoxicated Tea pirates will once again seek to hold our nation hostage for a ransom. It’s the only political leadership they have. Debates, arguments and compromise, they have demonstrated time and time again, they lack the political savvy or education to follow our democracy in favor of anarchist ideologies.“Our way or the highway.”
In the past they have lowered our nations credit rating which cost taxpayers $Billions more in interest payments increases, thus raising the debt! Balancing the budget is the least on their minds. Failure of our democracy is their primary objective. Observe after all these years and they still do not have a plan to stabilize or reduce the national debt. That alone speaks volumes of the nature of their black hearts.
Redundant failed past strategy is what the intoxicated Tea Party considers a winning solution?? Anchoring their demands on reducing Health Care for the elderly as President Obama seeks to raise taxes on the 1% and some elitist corporations that pay taxes equal to the common citizen or even less than average citizen.
Taking advantage of our Democracy’s infrastructures,… to build their empires,… without sharing it with the laborers that made it possible for them. The 1% accumulating over 33% of all national wealth and the 10% absorbing 80% of the national income. 90% of us have 20% to make due??
Republicans solution: Let the ever increasing numbers of the impoverish die. Simply by removing any subsides that supports their existence. Food, water, fuel, Health Care, education, etc. etc. That is the bottom line of the republicans agendas.
Democrats seek to have the economics of the laborers productivity more evenly distributed with the ideology of “Leave No One Behind”.
Sen. Boehner and McConnell lead the pirates in their endeavors to hold the nation captive.
A rift has been growing within the republican party that no longer support the archaic ideologies of their extremist Tea Party nuts. Senators Johnny Isakson of Georgia, Bob Corker of Tennessee, John McCain of Arizona, Lindsey Graham of South Carolina, Kelly Ayotte of New Hampshire, John Hoeven of North Dakota, Ron Johnson of Wisconsin and Dan Coats of Indiana. Just to name a few senators, as well as an increasing number of republican governors.
Will the core of the traditionalist conservative republicans mount a a 1773 attack on the Tea and gather it up and cast out unto the waters of oblivion before its too late? Will the Tea Nuts, drive another nail into the republicans political coffin?
Stay tuned for the upcoming events….
Bernard Forand

Fort Myers, FL

#20131 Aug 29, 2013
Dang wrote:
BF, you quote left wing people on here and mix how do you feel about Syria? Try to expand your subject matter.

Amazing that you immediately consider them left wing. Perhaps its because they have been awarded citations from through out the world for their expertise. Where as you prefer opinioned journalist that have yet to acquire their abilities to be recognized on the same level. Keep in mind these three economics were on republican presidential advisory boards, as well. Just another excuse to remain illiterate. So much easier to have comic book philosophies to deal with than realities.
Forgot to mention you to can acquire these books. 1} Amazon.com will save you 66% of their market cost and 2} if your library has them in stock, its free!
Some here call me? With what redundant derogatory remarks with no substance or facts. Mere foxy opinioned mumbo jumbo.
Whether or not you want to be in a unified globalized world is not relevant. Liberal International Free Trade Markets will sculpture our realty for the up coming future.
Your estimate for high price is derived from what? What is the price? Vague, arbitrary, with no supporting ideology. Is that what you consider being called on? You will need far more than that.
Now you have exposed yourself as a bigot. You will seek right winger to oppose my comments. Have no desire for the unveiling of reality. Just some political biases is all your out for. May I remind you of the rift within the right wing at present that deplores such naive ideologies that you are proposing. They are just as fed up with it, as any intelligent human being is.
Now on to Syria; Obama has demonstrated his intelligence in dealing with middle east abnormalities.
1} Captures Osama Ben Laden with out archaic torture chamber scenarios. Simple use of migration algorithms.
2} Libyan war settled within months with no lost of American lives, in the line of fire.
3} Invades Iran with a virus rather than with stomping boots. Something the right wing republican Military Industrialist deplore.
As for Syria I would expect the same intelligence will be demonstrated as to what is necessary. If it were a republican I would expect another drawn out war. Supplying vast sums of our infrastructure needed money to go to the Military Industrialist. Further increasing our inequality status in the developed nations. Presently we are last. More in line with Iran and or Turkey!
Price of inequality is demonstrated with increasing poverty. Republicans infamous for increasing inequality to favor the 1% has been exposed. That is what you seek to support…???
Dang

Lenoir, NC

#20132 Aug 29, 2013
OK I tried. Here ya go:
"Deficits and Debt: Budget deficits are projected to continue to shrink for several years—to 2.4 percent of GDP in 2014 and 0.4 percent by 2018—before rising again to 0.9 percent by 2022. With deficits small relative to the size of the economy, debt held by the public is also projected to drop relative to GDP—from about 77 percent in 2014 to about 58 percent in 2022. Even with that decline, however, debt would represent a larger share of GDP in 2022 than in any year between 1955 and 2009."
"Revenues: Most of the projected decline in the deficit occurs because revenues are set to rise considerably in the coming years under current law—from 15.7 percent of GDP in 2012 to 19.6 percent in 2014 and 21.4 percent in 2022. Between 2012 and 2014 alone, revenues in CBO’s baseline shoot up by one-quarter as a share of GDP because of the expiration of various tax cuts at the end of 2012, the expiration of provisions related to the AMT at the end of 2011 (which will boost tax receipts mainly in 2013 and later), and other factors. "
"Outlays: Outlays, by contrast, are projected to be a smaller share of GDP in 2022 under current law (22.3 percent) than they are in 2012 (22.9 percent). Discretionary spending is projected to decline relative to GDP throughout the next 10 years because of the caps on discretionary funding that stem from provisions of the Budget Control Act. By CBO’s estimate, discretionary spending will fall to 5.6 percent of GDP by 2022—the lowest level in at least 50 years. Mandatory outlays will remain about the same as a share of GDP through 2019, CBO projects, and then will grow faster than the economy, reaching 14.4 percent of GDP in 2022, compared with 13.2 percent in 2012."
"Net Interest: Despite the surge in federal borrowing in recent years, net interest outlays are projected to hold steady at 1.4 percent of GDP through 2015, primarily because interest rates are expected to remain near historic lows for the next few years. Interest rates are anticipated to rise noticeably thereafter, causing net interest outlays to increase to 2.3 percent of GDP by 2020, CBO projects. "
"Economic Growth from 2014 to 2017: As the economy adjusts to a lower path for budget deficits, real GDP is projected to begin growing again in late 2013. The pace of economic expansion will average 4.3 percent from 2014 through 2017, CBO projects, although the economy will continue to operate below its potential level (when output reflects a high rate of use of labor and capital) until 2018."
"Unemployment Rate from 2014 to 2017: As economic growth picks up, the unemployment rate is projected to decline to 8.4 percent in the fourth quarter of 2014 and to 5.7 percent by the fourth quarter of 2017."
"Inflation and Interest Rates from 2014 to 2017: Inflation (as measured by the PCE price index) is projected to inch up toward 2 percent by 2017. CBO anticipates that, as the economy strengthens, interest rates will return to more-typical levels; the rate on 3-month Treasury bills is projected to be 3.4 percent at the end of 2017, and the rate on 10-year Treasury notes is projected to be 4.6 percent."
"The Outlook for 2018 Through 2022: Beyond 2017, CBO does not attempt to predict the timing or magnitude of fluctuations in business cycles. CBO’s economic projections for the 2018–2022 period are based on trends in the factors that underlie the economy’s potential output, such as the size of the labor force, the stock of productive capital, and productivity. In those projections, the growth of real GDP averages 2.4 percent between 2018 and 2022, and inflation hovers around 2 percent. By late 2022, the unemployment rate declines to 5.3 percent, and interest rates on 3-month Treasury bills and 10-year Treasury notes are 3.8 percent and 5.0 percent, respectively. "
Dang

Lenoir, NC

#20133 Aug 29, 2013
And lastly: "What Is the Budget and Economic Outlook for 2014 to 2022 If Many Current Policies Are Continued (As in CBO’s Alternative Fiscal Scenario)?

Under the alternative fiscal scenario, deficits over the 2014–2022 period would be much higher than those projected in CBO’s baseline, averaging about 5 percent of GDP rather than 1 percent. Revenues would remain below 19 percent of GDP throughout that period, and outlays would rise to more than 24 percent. Debt held by the public would climb to 90 percent of GDP by 2022—higher than at any time since shortly after World War II.

Real GDP would be higher in the first few years of the projection period than in CBO’s baseline economic forecast, and the unemployment rate would be lower. However, the persistence of large budget deficits and rapidly escalating federal debt would hinder national saving and investment, thus reducing GDP and income relative to the levels that would occur with smaller deficits. In the later part of the projection period, the economy would grow more slowly than in CBO’s baseline, and interest rates would be higher. Ultimately, the policies assumed in the alternative fiscal scenario would lead to a level of federal debt that would be unsustainable from both a budgetary and an economic perspective."
Dang

Lenoir, NC

#20134 Aug 29, 2013
Bernard Forand wrote:
<quoted text>
Amazing that you immediately consider them left wing. Perhaps its because they have been awarded citations from through out the world for their expertise. Where as you prefer opinioned journalist that have yet to acquire their abilities to be recognized on the same level. Keep in mind these three economics were on republican presidential advisory boards, as well. Just another excuse to remain illiterate. So much easier to have comic book philosophies to deal with than realities.
Forgot to mention you to can acquire these books. 1} Amazon.com will save you 66% of their market cost and 2} if your library has them in stock, its free!
Some here call me? With what redundant derogatory remarks with no substance or facts. Mere foxy opinioned mumbo jumbo.
Whether or not you want to be in a unified globalized world is not relevant. Liberal International Free Trade Markets will sculpture our realty for the up coming future.
Your estimate for high price is derived from what? What is the price? Vague, arbitrary, with no supporting ideology. Is that what you consider being called on? You will need far more than that.
Now you have exposed yourself as a bigot. You will seek right winger to oppose my comments. Have no desire for the unveiling of reality. Just some political biases is all your out for. May I remind you of the rift within the right wing at present that deplores such naive ideologies that you are proposing. They are just as fed up with it, as any intelligent human being is.
Now on to Syria; Obama has demonstrated his intelligence in dealing with middle east abnormalities.
1} Captures Osama Ben Laden with out archaic torture chamber scenarios. Simple use of migration algorithms.
2} Libyan war settled within months with no lost of American lives, in the line of fire.
3} Invades Iran with a virus rather than with stomping boots. Something the right wing republican Military Industrialist deplore.
As for Syria I would expect the same intelligence will be demonstrated as to what is necessary. If it were a republican I would expect another drawn out war. Supplying vast sums of our infrastructure needed money to go to the Military Industrialist. Further increasing our inequality status in the developed nations. Presently we are last. More in line with Iran and or Turkey!
Price of inequality is demonstrated with increasing poverty. Republicans infamous for increasing inequality to favor the 1% has been exposed. That is what you seek to support…???
Not amazing, it was a gimmie. The only person mentioned was the guy who worked under Clinton (FYI, not a Republican) and edited a couple books. BIG DEAL. Betty White helped edit her book. I saw no "citations from throughout the world". Have another drink and believe your own hog wash.

“physics is your friend”

Since: May 12

Location hidden

#20135 Aug 29, 2013
You don't have to tell Bernie to have another drink.That's like telling a chimpanzee to have another banana.
Dang

Lenoir, NC

#20136 Aug 29, 2013
"The Brazilian Billionaire Who Controls Your Beer, Your Condiments, and Your Whopper"
After they sold H.J. Heinz to Warren Buffett and a bunch of Brazilians in June, the ketchup manufacturer’s outgoing board of directors met for dinner at Pittsburgh’s Duquesne Club to congratulate themselves on a job well done. Twenty-three billion dollars had just changed hands. The takeover price, at $72.50 a share, was almost 20 percent higher than the company’s recent all-time high.“We said we’re all going to miss each other, but we felt we had done right by the shareholders,” says Dean O’Hare, who’d sat on the board since 2000. Heinz is an institution in Pittsburgh—the Steelers play at Heinz Field, locals of means like to get married at Heinz Memorial Chapel—and Buffett’s presence allayed fears that the 144-year-old company would be dismantled.“Seeing the name on the letter was very important to us,” O’Hare says.

The only really un-Buffettlike aspect of the deal, other than the high price, was the Brazilians. Not because of their nationality, but because they were the principals at 3G Capital, an investment firm best known for the leveraged buyout of Burger King in 2010. Had the Oracle of Omaha changed his mind on private equity, which he once compared to a porn shop? At Berkshire Hathaway’s (BRK/A) annual shareholders’ meeting in May, Buffett explained why he seemed to be breaking his own rules: his confidence in 3G’s 74-year-old chief investor and strategist, Jorge Paulo Lemann. He called Lemann “classy.” As a sign of Buffett’s esteem, 3G and Berkshire have equal stakes in Heinz despite Berkshire putting up three times as much cash. Heinz, Buffett said, would be Lemann’s show. That's the Democrat Sec. of State Heinz Kerry that got 23 Billion. How nice of him to stay in the work force.
Dang

Lenoir, NC

#20137 Aug 29, 2013
This is why an "world economy" is bad for this country. "In the U.S., Lemann is virtually unknown, even though he and his two longtime partners, Marcel Herrmann Telles and Carlos Alberto Sicupira, now control three icons of U.S. consumer culture: Heinz ketchup, Burger King, and, after the $52 billion takeover of Anheuser-Busch in 2008, Budweiser beer. The combined market value of the companies they run is $187 billion—larger than that of Citigroup" Bigger than Citigroup, now what do you suppose will happen if that conglomerate starts to fail. Will they be deemed "too big to fail"? Will the rest of the world have to step in and save them to keep from suffering a economic blow?
Dang

Lenoir, NC

#20138 Aug 29, 2013
This was refreshing and from Time mag. of all places. "The Clintons Need a Restart" "This has been an annoying summer for the Clintons. There was the spectacle of Hillary Clinton's closest aide Huma Abedin standing by her man, the infantile former Congresspervert Anthony Weiner--an unfortunate reminder of the interns of yesteryear. There was the splashback over whether Lawrence Summers, a former Clinton Treasury Secretary, should become chairman of the Federal Reserve Board--an unfortunate reminder of the feckless Clintonian attitude toward financial deregulation, which led rather directly to the Great Recession of 2008. And to top it off, there was a New York Times exposé of moral and fiscal slovenliness at the Clinton Foundation--an unfortunate reminder of the way the Clintons too often go about their business, combining great works in the world with shameless world-class fundraising.

All this while former Secretary Clinton was getting her ducks in a row, preparing, no doubt, for another run at the presidency in 2016. And all that as the political book of the summer, Mark Leibovich's This Town, was providing the rest of the country with a hilarious excoriation of Washington's incestuous culture of money, media, lobbying and paralysis.
Bernard Forand

Fort Myers, FL

#20139 Aug 29, 2013
Dang wrote:
<quoted text>Not amazing, it was a gimmie. The only person mentioned was the guy who worked under Clinton (FYI, not a Republican) and edited a couple books. BIG DEAL. Betty White helped edit her book. I saw no "citations from throughout the world". Have another drink and believe your own hog wash.
He is a much bigger deal than your opinionated gibberish. Did you forget the Bushwhackers? Reagan, Nixon and Ford?
You do read the CBO reports your cutting and pasting. If you will notice the deficit drops right up to 2018 and there pretty certain of that in the short run projections. Further out their projections less accurate as they stipulated. Similar to the weather people 1 day pretty good 2 days good three days ok and then after that projections are up for revisions. So just what is your point? Have already been over this. So this 2020 projection stuff is but a crystal ball speculation.
It is good that you are actually seeking reality. Now engage brain before running your thoughts. Comprehend what you are researching, will help you to state your case in an intelligent format.
Oh by the way if haven’t already heard the GDP is about to go through another revision which will already alter all of CBO’s and your feeble attempts to projecting the future economics of the USA. LOL your GDP factor is about to be obsolete for a newer definition of GDP. It will be taking a small step to identify the inequality factors that it presently fails to do so.
Defiant1

Deer Park, TX

#20140 Aug 29, 2013
Bernard Forand wrote:
<quoted text>
Amazing that you immediately consider them left wing. Perhaps its because they have been awarded citations from through out the world for their expertise. Where as you prefer opinioned journalist that have yet to acquire their abilities to be recognized on the same level. Keep in mind these three economics were on republican presidential advisory boards, as well. Just another excuse to remain illiterate. So much easier to have comic book philosophies to deal with than realities.
Forgot to mention you to can acquire these books. 1} Amazon.com will save you 66% of their market cost and 2} if your library has them in stock, its free!
Some here call me? With what redundant derogatory remarks with no substance or facts. Mere foxy opinioned mumbo jumbo.
Whether or not you want to be in a unified globalized world is not relevant. Liberal International Free Trade Markets will sculpture our realty for the up coming future.
Your estimate for high price is derived from what? What is the price? Vague, arbitrary, with no supporting ideology. Is that what you consider being called on? You will need far more than that.
Now you have exposed yourself as a bigot. You will seek right winger to oppose my comments. Have no desire for the unveiling of reality. Just some political biases is all your out for. May I remind you of the rift within the right wing at present that deplores such naive ideologies that you are proposing. They are just as fed up with it, as any intelligent human being is.
Now on to Syria; Obama has demonstrated his intelligence in dealing with middle east abnormalities.
1} Captures Osama Ben Laden with out archaic torture chamber scenarios. Simple use of migration algorithms.
2} Libyan war settled within months with no lost of American lives, in the line of fire.
3} Invades Iran with a virus rather than with stomping boots. Something the right wing republican Military Industrialist deplore.
As for Syria I would expect the same intelligence will be demonstrated as to what is necessary. If it were a republican I would expect another drawn out war. Supplying vast sums of our infrastructure needed money to go to the Military Industrialist. Further increasing our inequality status in the developed nations. Presently we are last. More in line with Iran and or Turkey!
Price of inequality is demonstrated with increasing poverty. Republicans infamous for increasing inequality to favor the 1% has been exposed. That is what you seek to support…???
Obama is NOT showing a damn bit of intelligence concerning Syria, just arrogance. Try reading some real news for a change. The rest of the world
is backing down on a military strike, but YOUR arrogant fool King Barry still wants to go it alone.

At least shrub had the Demoncrats vote behind him for the stupid invasion of Iraq. We no longer have a President, we have a tyrannical dictator.
rangersfan

Dawson, TX

#20141 Aug 29, 2013
Seriously, how are yall still going? 912 pages of political drivel? Obama, Bush and Perry combined don't think about politics as much as yall do.
JBH

Richmond, Canada

#20142 Aug 29, 2013
WHO IS HE--THAT PERSON OBAMA?
HOW IS HE--THAT PERSON OBAMA by being an extremist as a nut case by thinking alone?
IT MEANS OBAMA CANNOT DO ACCORDING TO HOW HE THINKS?

US has a lot of problems right now.
A problem nation cannot go to do wrongly and badly on Syria.
As the people in US ARE too SAD, US IS going through the syndrome of seeing how it turns out to be as THE PLANET is proceeding the direction that has to make sense--whether US can have resolve problems first within, that people still can breathe there as given such difficult bad times with no say and freedom value and so on.

THE WORLD THUMBS DOWN US while saying it is a remorseful and bad country.

When Bush had a few nations going with the Iraq case, which led to the bad nature of US getting the high costs and detriments. Yet Obama by saying acting alone would be worse disaster than the previous one of Iraq of Bush doing it.
When there was one war criminal Bush, just how many war criminals US would have?

The stand at this time deals with whether US can have resolve within that people still can breathe there as given such difficult bad times with no say and freedom value, but having lots of liberty rights demolished and having lots of snooping and hacking programs on public and so on.

Yet, those who went along with Obama were dumped because he breaks their civil rights and freedom and spies on them.
Obama has left with no support these days, but is unlikeable, since Obama has done wrongly, especially including on his saying on Syria.

Obama by holding his wishy-washy thinking hoping to materialize his terror indulging and fantasy on Syria , makes him as a evil guilty creed, that he is going to suffer badly.
US IS UNDER WATCH From THE PLANET, THAT US IS DOING VERY BADLY AND WILL GET THE WORST TO COME BECAUSE the people in US ARE VERY SAD and are suffering.
Defiant1

Deer Park, TX

#20144 Aug 30, 2013
JBH wrote:
WHO IS HE--THAT PERSON OBAMA?
HOW IS HE--THAT PERSON OBAMA by being an extremist as a nut case by thinking alone?
IT MEANS OBAMA CANNOT DO ACCORDING TO HOW HE THINKS?
US has a lot of problems right now.
A problem nation cannot go to do wrongly and badly on Syria.
As the people in US ARE too SAD, US IS going through the syndrome of seeing how it turns out to be as THE PLANET is proceeding the direction that has to make sense--whether US can have resolve problems first within, that people still can breathe there as given such difficult bad times with no say and freedom value and so on.
THE WORLD THUMBS DOWN US while saying it is a remorseful and bad country.
When Bush had a few nations going with the Iraq case, which led to the bad nature of US getting the high costs and detriments. Yet Obama by saying acting alone would be worse disaster than the previous one of Iraq of Bush doing it.
When there was one war criminal Bush, just how many war criminals US would have?
The stand at this time deals with whether US can have resolve within that people still can breathe there as given such difficult bad times with no say and freedom value, but having lots of liberty rights demolished and having lots of snooping and hacking programs on public and so on.
Yet, those who went along with Obama were dumped because he breaks their civil rights and freedom and spies on them.
Obama has left with no support these days, but is unlikeable, since Obama has done wrongly, especially including on his saying on Syria.
Obama by holding his wishy-washy thinking hoping to materialize his terror indulging and fantasy on Syria , makes him as a evil guilty creed, that he is going to suffer badly.
US IS UNDER WATCH From THE PLANET, THAT US IS DOING VERY BADLY AND WILL GET THE WORST TO COME BECAUSE the people in US ARE VERY SAD and are suffering.
Isn't "hope and change" wonderful?.
JBH

Richmond, Canada

#20145 Aug 30, 2013
OBAMA IS THE MOST DESTRUCTIVE TO US AT ALL TIME AS OF HISTORY.

Is there any difference by making change from Bush that Obama blamed on the Iraq case?
Obama has not done any good of US image but has made it more troublesome.
OBAMA SO FAR, HAS CAUSED EVERYTHING TO BE SO BAD that US is in a condition worse than that of Bush period, since Obama does no change but the same wrong foreign policies as Bush clone-mold.
People never elected a new man but the same and old worsened Bush.

HIS ANY DOING ON SYRIA WILL BE TOO DESTRUCTIVE TO US AND HIMSELF.
HE CAN'T FIND ONE SOUL WHO IS WITH HIM ON HIS VIEW ABOUT SYRIA.

For on thing, Obama's saying of "mission accomplished" indicates his support of what Bush has done. "Mission accomplished" is the enormous US costs and burden of resources wasted uselessly and wrongly in addition to making US bad image on world stage and so many 5000 military lives lost and over 10,000 wounded-being handicapped coming back, as one out of three US suicides is from Iraq veterans.

Obama has not done one single thing on the economy.

The US people are suffering because Obama has used a lot of Patriot Act, snooping and spying on US people through big brother suppression of them.

Obama stands against those people who elected and supported him by abusing their civil rights and liberty freedom and working against them in everything. Obama is not doing what they say and want, as the example on Syria where great majority of people don't want to mess Syria, to lie to them to betray their wishes, yet people are also dumping Obama.

It is a false economy as there are lots who can't have anything on work, that at least 60 millions of people cannot feed themselves and families. More than 40 millions OF people live in the third world standard, with plugged-up toilets, run-down houses with barely any electricity, in New Orleans, East LA, Baltimore, Philadelphia, and so on.

Yet, Obama takes their money to go with companies which go other places, so as not to give them employment.
That is why too many are sad and suffering in US as Obama has destructed them too much.

But, there are just too much rubbish trash from US, who never know and wake up to the awareness, at the same time.

OBAMA IS NO WAY POSSIBLE BECAUSE HE IS FACING THE ENORMOUS stumbling blocks of people against him, and BIG, TURBULENT WINDS PROPELLING against HIM.

Further more, UN ALREADY HAS A BAD AND NEGATIVE IMAGE. UN would be demolished If UN lets Obama violate anything. UN has not yet answered the former case of US with Bush doing wrongly on Iraq war. If US would act alone on Syria, the consequences of UN will be extremely gloomy.
What is the point of having UN as If it is doing all wrong and evil things?
What is the point of having US in UN if US is always breaking the rules and coming up with falsified business, like the chemical weapons subject on Syria?
Unless US is not a country on the planet, where it is going to end up as, that Obama is a one-person show alone, to think according to how he thinks as ?

US is being like former Hitler, as the whole Germany went down because of one man Hitler, that the entire US is going down because of one person Obama doing very badly on Syria alone.
Bernard Forand

Fort Myers, FL

#20146 Aug 30, 2013
Dang wrote:
And lastly: "What Is the Budget and Economic Outlook for 2014 to 2022 If Many Current Policies Are Continued (As in CBO’s Alternative Fiscal Scenario)?
large budget deficits and rapidly escalating federal debt would hinder national saving and investment, thus reducing GDP and income relative to the levels that would occur with smaller deficits. In the later part of the projection period, the economy would grow more slowly than in CBO’s baseline, and interest rates would be higher. Ultimately, the policies assumed in the alternative fiscal scenario would lead to a level of federal debt that would be unsustainable from both a budgetary and an economic perspective."
By the way that last CBO you cut and pasted when was it published ? AND once again their projection for greater deficit was made when? Prior to their May assessments?
Taking CBO’s out of context?
We can go back to when they forecasted that if we maintained course our national debt would be wiped out in less than decade. Remember that? Ah but then came the Bushwhacker and threw that into the gutter.
Bernard Forand

Fort Myers, FL

#20147 Aug 30, 2013
Dang wrote:
This is why an "world economy" is bad for this country. "In the U.S., Lemann is virtually unknown, even though he and his two longtime partners, Marcel Herrmann Telles and Carlos Alberto Sicupira, now control three icons of U.S. consumer culture: Heinz ketchup, Burger King, and, after the $52 billion takeover of Anheuser-Busch in 2008, Budweiser beer. The combined market value of the companies they run is $187 billion—larger than that of Citigroup" Bigger than Citigroup, now what do you suppose will happen if that conglomerate starts to fail. Will they be deemed "too big to fail"? Will the rest of the world have to step in and save them to keep from suffering a economic blow?

You have just touched on one small example of what I have been exposing in many of my comments. Abuse of inequality factors produces wealth abnormalities that serves this USA negatively. You think that small example is something? Consider this one. Take all families and individuals earning minimum wage and below through out the nation and add up all of their income. Then compare it to just one family of the 1%, say Walmart and, you will find, they have a greater income then all of the impoverished combined.
“The Price Of Inequality” is the major component that allows such disservices of distributions of the laborers productivity to materialize.
Obama champions for the middle class will not be enough with a mere 8 years of effort to turn around the conservative austerity damage of 8 decades.
In the wings we do have additional potential democratic candidates that can continue to reduce the out of control inequality increases, sought by the republicans. Hillary Clinton and Elizabeth Warren just to name a couple that have proven records, to their allegiance to strengthening the middle class dynamo.
Republican on the other hand have the infamous honor to exhibit their 1929 Great Depression and their 2008 Great Recession.
They do say, the third time is a charm.. Hmmm???
Texan

Falls Church, VA

#20148 Aug 30, 2013
Say Barney how do you like all the long posts addressing your stupidity and bullshit?
Bernard Forand

Fort Myers, FL

#20149 Aug 30, 2013
JBH ranting of chicken little hyped up rabid fox is amusing. I’ll jus touch on one item of his babbling ranting that is obviously false. Obama has done nothing for the economy????
This guy is really off in some la, la land of delusional existence. Here is one fact that Obama has done for our economy.
The Congressional Budget Office {MAY} said the 2013 fiscal deficit would fall to about $642 billion, or 4 percent of G.D.P., about $200 billion less than it estimated just three months ago.
WASHINGTON — Since the recession ended four years ago, the federal budget deficit has topped $1 trillion every year. But now the government’s annual deficit is shrinking far faster than anyone in Washington expected, and perhaps even faster than many economists think is advisable for the health of the economy.
The agency forecast that the deficit, which topped 10 percent of gross domestic product in 2009, could shrink to as little as 2.1 percent of gross domestic product by 2015 — a level that most analysts say would be easily sustainable over the long run — before beginning to climb gradually through the rest of the decade.
"Revenues have been strong as the economy has outperformed a bit," said Joel Prakken, a founder of Macroeconomic Advisers, a forecasting firm based in St. Louis.
Over all, the figures demonstrate how the economic recovery has begun to refill the government’s coffers. At the same time, Washington, despite its republican political paralysis.
Republicans say perhaps too successful. Given that the economy continues to perform well below its potential and that unemployment has so far failed to fall below 7.5 percent, many economists are cautioning that the deficit is coming down too fast, too soon.
“It’s good news for the budget deficit and bad news for the jobs deficit,” said Jared Bernstein of the Center on Budget and Policy Priorities.{R}
“I’m more worried about the latter.” OOOHHH scary..
Now Obama is showing his democratic colors of success in financials. With the government running a hefty $113 billion surplus in the tax payment month of April, according to the Treasury, analysts now do not expect the country to run out of room under its debt ceiling.
The $200 billion reduction to the estimated deficit comes not from the $85 billion in mandatory cuts known as sequestration, nor from the package of tax increases that Congress passed this winter to avoid the so-called fiscal cliff. The office had already incorporated those policy changes in its February forecast.
Republicans want Congress to agree for this year to serving as a partial brake on the recovery, cutting government jobs and preventing growth from accelerating to a more robust pace, many economists have warned. The International Monetary Fund has called the country’s pace of deficit reduction “overly strong,” arguing that Washington should delay some of its budget cuts while adopting a longer-term strategy to hold down future deficits.{R} Typical, small minds for small growth..
CBO is revising its estimates for the current year, the budget office also cut its projections of the 10-year cumulative deficit by $618 billion. Those longer-term adjustments are mostly a result of smaller projected outlays for the entitlement programs of Social Security, Medicaid and Medicare, as well as smaller interest payments on the debt. The C.B.O. has quietly erased hundreds of billions of dollars in projected government health spending over the last few years.
It did so again on Tuesday. In February, the budget office projected that the United States would spend about $8.1 trillion on Medicare and $4.4 trillion on Medicaid over the next 10 fiscal years. It now projects it will spend $7.9 trillion on Medicare and $4.3 trillion on Medicaid.
Now what has JBH or the leadership he supports promoted thus far. Zero, Zip Nada a Thing. In 1929 and 2008 they showed us what they support.
Bernard Forand

Fort Myers, FL

#20150 Aug 30, 2013
Texan wrote:
Say Barney how do you like all the long posts addressing your stupidity and bullshit?
Well Tex I enjoy it. Sure beats those comic book bumper stickers. Here I’ll tell you a simple story of how I have been viewing the right wing dysfunctional bumper sticker mentality. I’ll change the names to protect the innocent.
I was assigned an assignment to evaluate a strata drainage proposal for particular area going to be developed. So I needed a ditch to be dug in several areas of the site. Hired a couple of guys Tex and defiant. All was going pretty well until one day. Defiant stood up and said why are we digging this ditch and Bernie just sits under that tree sipping on his lemonade and reading books and charts? He even gets paid more than us! Well Tex dared defiant to go up and vent his concerns to Bernie.
Defiant confronts Bernie with his concerns and Bernie replied because I’m smarter than you. I know how to read books and charts and evaluate a course. You can not. Defiant not so easily put off asked for Bernie to prove he is smarter. So Bernie put his hand on the tree a said now you hit my hand as hard as you can. Defiant threw his fist at the hand and Bernie withdrew it causing the blow to hit the tree at great discomfort to defiant. Bernie then says to defiant get back to work and think about it. Defiant with a confused look returns to the ditch. Tex asked him how did it go? Defiant said I now know how I can figure out if you or any one else is smarter than me. Chuckling to himself. Boy is Tex in for a surprise. So Tex says OK show me. Defiant then places his hand over his face and says just try to hit my hand.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Lubbock Discussions

Title Updated Last By Comments
Debate: Gay Marriage - Lubbock, TX (Jul '10) 19 hr Brian_G 82
Who do you support for State Board of Education... (Oct '10) Wed 98 Degree Diarrhea 595
Former AG Gonzales pushes education (Feb '10) Tue swedenforever 6
max flores Tue sonia 1
Drake Routier - Darlie Routier's son (Sep '09) Dec 16 bubbles 454
Boom Boom Cabaret Murder Arrests (Dec '06) Dec 16 Akwayand Forever 57
Debate: Nuclear Power - Lubbock, TX (May '11) Dec 11 bob 4
Lubbock Dating
Find my Match
More from around the web

Lubbock People Search

Addresses and phone numbers for FREE

Lubbock News, Events & Info

Click for news, events and info in Lubbock

Personal Finance

Mortgages [ See current mortgage rates ]

NFL Latest News

Updated 2:09 pm PST

NBC Sports 2:09PM
DeMarco Murray says decision on playing this week will be up to him
ESPN 2:48 PM
Jets' Richardson: I'm on same level as Watt
NBC Sports 3:34 PM
'Super Mario' making presence felt in Buffalo - NBC Sports
NFL 5:13 PM
Jets' Richardson: I'm on the same level as J.J. Watt
Bleacher Report 6:36 PM
Ravens vs. Texans: Complete Week 16 Preview for Baltimore