Who do you support for U.S. Senate in...
argue that fact

Hiawassee, GA

#7569 Apr 24, 2013
Bored wrote:
Dumb Keynes = dumb libtard.
"President Barack Obama demands more stimulus spending to avoid the "fiscal cliff." Obama increased the national debt $6 trillion to $16 trillion. Yet the Democrats''cure for what ails ya' is even more spending. Obama demands around $75 billion in new spending to stimulate the economy in 2013.
"Keynesian Economics" is the insane belief that the economy can be stimulated by government spending. It provides the excuse to depart from common sense that allows politicians to ignore the alarm bells. It is ludicrous mainly because our government doesn't have any money to spend.
If the government had a surplus saved up, spending actual money might give our economy a short-term sugar high (with dubious long-term results). But our Federal and state governments must first suck money out of the economy by borrowing it.
History has repeatedly proven that this is nonsense. Yet Democrats will not let go of the Keynesian Myth. The government is the center of society, America's modern Democrats want to believe. So they cannot shake the dogma that our entire economy depends upon government spending.
The New Deal was the largest real-world test of the Keynesian Myth in recent history. Franklin Roosevelt's Treasury Secretary Henry Morgenthau confessed that the "New Deal" was a failure in sworn testimony before Congress on May 9, 1939.
"We have tried spending money. We are spending more than we have ever spent before and it does not work."
And FDR's Treasury Secretary also told Congress:
"I say after eight years of this Administration we have just as much unemployment as when we started.... And an enormous debt to boot!"
The last statement exactly applies to Obama and his dumb libtard supporters.
All I know is that American the leader of the free world, the most feared army on the planet and the largest economic machine in the world occurred after FDR and ended with George Bush. Before Bush we were a proud county, we were united for the common good. We didn’t talk all the time about Dems or Repuges, conservatives or libs. We were AMERICANS and damn proud of It.! During the days of extreme growth or parents and grandparents watched network news with reliable news anchors just reporting what was going on in the world. Today we are spoon fed opinions geared to mold us into whatever animal the person with the most money wants. We ALL used to be just AMERICANS and were damn proud of it! And we had a reason to be proud, not so today. Our world ranking from health care, infant death rates to the economy including the decline of the middle class has fallen. We are no longer the “greatest country in the world”, and it’s OUR fault. We can be AGAIN if these moronic conservative vs libs stops and we ALL get back to working together. Argue that fact.

“Liberals are closet raaacists!”

Since: Nov 08

Location hidden

#7570 Apr 24, 2013
Oh my wrote:
<quoted text>
Ooops, not just Reagan...
Bush: Bigger surplus makes tax cuts OK
05/03/00- Updated 12:38 PM ET
http://usatoday30.usatoday.com/news/e98/e1686...
WASHINGTON (AP)- The economy's relentless growth means federal surpluses will be far larger than estimated, leaving plenty of room for George W. Bush's proposed tax cut, aides to the presidential contender said Tuesday.
Bush's new estimates came amid cries from supporters of his Democratic rival, Vice President Al Gore, that the Republican's plan would be so big that it would force deep spending cuts and a return to budget deficits. Bush's plan ''still doesn't add up,'' a Gore adviser asserted.
Oh, I dunno. I thought THIS was rather interesting.
http://www.factcheck.org/2012/09/obamas-defic...
Oh my

Blairsville, GA

#7571 Apr 24, 2013
Aggie23 wrote:
<quoted text>
http://www.topix.com/forum/city/blairsville-g...
It's not like banks were forced to make loans to people that couldn't keep up the payments from pressure starting in the Carter administration and steamrolling under the Clinton Justice Dept. It isn't like Fannie Mae and Freddie Mac bought up many of those loans, bundled them and then sold them to investors. And it isn't as though since FM and FM were government secured, they could get lower interest rates and have lower capital requirements. And it isn't as though the Bush administration questioned the amount of the secondary mortgage market that FM and FM held and suggested stronger regulation, warning of "systematic risk for our financial system". And it isn't as though Barney Frank kept insisting FM and FM were "not facing any kind of financial crisis" and complained that the Bush administration was more concerned about financial safety than housing.
Oh, wait......
Wow, that's really a compelling case, except that CRA isn't what you think it is, and there's that little problem of Fannie and Freddie dealing with conforming loans. But hey, your story sounds really good.

Freddie Mac: What it did, what went wrong
By Chris Isidore
January 24, 2012: 3:41 PM ET
http://money.cnn.com/2012/01/24/news/economy/...

...But what the firm did, and the role it and larger rival Fannie Mae played in the housing crisis of the last decade, remain a source of confusion for many Americans.

What do Freddie Mac and Fannie Mae do?
The two of them support the housing industry by providing billions in financing to the mortgage market.

They buy mortgage loans from lenders that conformed to their guidelines, typically safer loans with a large down payment, good credit scores for the borrowers and verification of their income.

Did the two firms create the housing bubble that caused the financial meltdown?
Not really.

The two firms were major players in the mortgage market, and so the rising home values were at least partly funded by their flow of money.

But the bubble really inflated when Wall Street started buying riskier loans made to borrowers who didn't qualify for a Fannie or Freddie conforming loan. Those loans carried higher interest rates, with relatively little risk for investors while home prices were going up.

Experts say it was the growth of those riskier loans that caused home prices to rise and the bubble to inflate.

"When you bring in 5 million marginal buyers who under normal circumstances would not qualify for a mortgage, that's what ends up driving home prices," said Barry Ritholtz, CEO of Fusion IQ.

"If Freddie and Fannie never existed, we would have had the same problem," he said.
What caused problems for Fannie and Freddie? By the middle of the last decade, Freddie and Fannie had lost their dominant position in the home loan market, as the riskier loans became a larger share of the mortgage market.

So they adjusted their underwriting standards in order to participate in the riskier lending as well.

Even though the riskier loans were a minority of the loans each purchased, because each was so huge, they ended up with a large volume of those loans.

They also were relatively late to the game. That meant they got into riskier loans right before the decline in home prices -- which began in 2006 -- led to a spike in foreclosures. After that, home buyers started to default on loans that were safer, adding to Freddie and Fannie's losses.

"What killed Fannie and Freddie is the housing market went to hell and they were 100% exposed to housing," said Jaret Seiberg, analyst with Guggenheim Washington Research Group....

“Liberals are closet raaacists!”

Since: Nov 08

Location hidden

#7572 Apr 24, 2013
Oh my wrote:
<quoted text>
Ooops, not just Reagan...
Bush: Bigger surplus makes tax cuts OK
05/03/00- Updated 12:38 PM ET
http://usatoday30.usatoday.com/news/e98/e1686...
WASHINGTON (AP)- The economy's relentless growth means federal surpluses will be far larger than estimated, leaving plenty of room for George W. Bush's proposed tax cut, aides to the presidential contender said Tuesday.
Bush's new estimates came amid cries from supporters of his Democratic rival, Vice President Al Gore, that the Republican's plan would be so big that it would force deep spending cuts and a return to budget deficits. Bush's plan ''still doesn't add up,'' a Gore adviser asserted.
Hmmmm.....

http://wiki.answers.com/Q/How_much_surplus_di...
argue that fact

Hiawassee, GA

#7573 Apr 24, 2013
Aggie23 wrote:
<quoted text>
And that is it in a nutshell, there is ALWAYS some excuse for why Keynesian economics don't work and have never worked. The typical line: "We just didn't spend enough."
Just how to you think this country came out of World War 2 to become the largest power in the world. The greatest economic engine that ever ran. It was goverment spending that started it ALL.
Bored

Dawsonville, GA

#7574 Apr 24, 2013
Informed Opinion wrote:
<quoted text>
As usual your Radical Christian Taliban training prevents your ability to discriminate and differentiate.
I simply said I don't judge gays for being gay.
Just like it wasn't important to your Jesus - it's not important to me.
Other people's sex life is a Right Wing Wacko obsession, we normal folks just don't care.
And if I were to judge them for being gay, your Jesus says that would be wrong.
Now as for pointing out the Anti-Christian Right Wing Wacko Agenda - in defense of those Jesus said we are obligated to protect and serve, now that's a Biblical requirement, although my motivation isn't based on such.
Can you imagine your Jesus, who came to the aid of the poor, the sick, the down-trodden, the prostitutes, and even the tax man;
standing by while those he defended were destroyed by the rich and powerful ?
Perhaps you can contemplate on that a while and come to understand the difference between judging people for who they are, as opposed to judging and opposing their harmful actions.
Tell us also your thoughts about Libtard Jesus killing babies.

“Liberals are closet raaacists!”

Since: Nov 08

Location hidden

#7575 Apr 24, 2013
occur wrote:
<quoted text>
This in the news today is the understatement of the last 10 years!!
The controversies of the Bush administration – including the conflict in Iraq, the waging of the “global war on terror,” the aftermath of Hurricane Katrina and the fallout from the 2008 financial crisis – saddled the former Texas governor with staggering unpopularity by the end of his presidency, which helped give way to President Barack Obama’s ascendancy and an ongoing identity crisis within the GOP.
Keep your eyes wide SHUT. You and others like you are the reason the GOP is going Hispanic and African American leaving white conservative elitists in the past. It will take a few more years to complete the transformation, but the more you and others like you talk and age the faster the changes will occur.
THIS was in the news this morning. What's the source of YOUR NEWS???? lol

http://news.investors.com/politics-andrew-mal...
Oh my

Blairsville, GA

#7576 Apr 24, 2013
Aggie23 wrote:
<quoted text>
http://www.topix.com/forum/city/blairsville-g...
And that is it in a nutshell, there is ALWAYS some excuse for why Keynesian economics don't work and have never worked. The typical line: "We just didn't spend enough."
No, the post you were responding to dealt with collections during the boom years to pay down the debt acquired in the lean years. See during the boom years a certain party comes along and says we don't need this surplus, let's reduce your taxes, in fact, it sounds a lot like buying votes by giving folks free stuff.

“Liberals are closet raaacists!”

Since: Nov 08

Location hidden

#7577 Apr 24, 2013
argue that fact wrote:
<quoted text>
All I know is that American the leader of the free world, the most feared army on the planet and the largest economic machine in the world occurred after FDR and ended with George Bush. Before Bush we were a proud county, we were united for the common good. We didn’t talk all the time about Dems or Repuges, conservatives or libs. We were AMERICANS and damn proud of It.! During the days of extreme growth or parents and grandparents watched network news with reliable news anchors just reporting what was going on in the world. Today we are spoon fed opinions geared to mold us into whatever animal the person with the most money wants. We ALL used to be just AMERICANS and were damn proud of it! And we had a reason to be proud, not so today. Our world ranking from health care, infant death rates to the economy including the decline of the middle class has fallen. We are no longer the “greatest country in the world”, and it’s OUR fault. We can be AGAIN if these moronic conservative vs libs stops and we ALL get back to working together. Argue that fact.
THIS was in the news today. Bears reposting for YOUR READING PLEASURE, Obamabot.
http://news.investors.com/politics-andrew-mal...
argue that fact

Hiawassee, GA

#7578 Apr 24, 2013
And it was the resulting Baby Boomer generation with the got to have it now attitude and no problem kicking the can of debt down the road to someone else. Nothing but a bunch of spoiled brats run amuck, and today is the result. And all most of you want to do is bitch, not willing to work things out, got to have it all your way or no way. Well what we have now is no way out.
Bored

Dawsonville, GA

#7579 Apr 24, 2013
argue that fact wrote:
<quoted text>
All I know is that American the leader of the free world, the most feared army on the planet and the largest economic machine in the world occurred after FDR and ended with George Bush. Before Bush we were a proud county, we were united for the common good. We didn’t talk all the time about Dems or Repuges, conservatives or libs. We were AMERICANS and damn proud of It.! During the days of extreme growth or parents and grandparents watched network news with reliable news anchors just reporting what was going on in the world. Today we are spoon fed opinions geared to mold us into whatever animal the person with the most money wants. We ALL used to be just AMERICANS and were damn proud of it! And we had a reason to be proud, not so today. Our world ranking from health care, infant death rates to the economy including the decline of the middle class has fallen. We are no longer the “greatest country in the world”, and it’s OUR fault. We can be AGAIN if these moronic conservative vs libs stops and we ALL get back to working together. Argue that fact.
Where to begin.
You are living in a liberal dreamworld if you think the liberal/conservative argument began just recently. It's been going on since this country was founded.

As far as living under a mushroom for a long time, you are correct. But the internet has changed that. People no longer live and believe the drivel put out by the news organizations, the gubment, or politicians. Most people think for themselves and base their opinions on their own concepts of right and wrong, interpretation of facts, and personal bias. You are no different.

All this crap about "let's just all get along" is the same tired old crap of liberals, which equals too "my way, not your way."

And your statement;
"We ALL used to be just AMERICANS and were damn proud of it! And we had a reason to be proud, not so today."

What did you have to be proud of? was it abortion? homosexuality? rich taking from the poor?, workers supporting lazy people? military strength? fancy cars and big homes?

Just what do you mean when you say proud of?
Bored

Dawsonville, GA

#7580 Apr 24, 2013
argue that fact wrote:
<quoted text>
Just how to you think this country came out of World War 2 to become the largest power in the world. The greatest economic engine that ever ran. It was goverment spending that started it ALL.
You have got to be the biggest history deprived person on topix.
Oh my

Blairsville, GA

#7581 Apr 24, 2013
Synergy wrote:
<quoted text>
http://www.topix.com/forum/city/blairsville-g...

Oh, I dunno. I thought THIS was rather interesting.
http://www.factcheck.org/2012/09/obamas-defic...
Perhaps you could explain how this link relates to cutting taxes during boom times and drawing down a surplus.
Bored

Dawsonville, GA

#7582 Apr 24, 2013
Oh my wrote:
<quoted text>
let's reduce your taxes, in fact, it sounds a lot like buying votes by giving folks free stuff.
sort of like the libtards buying votes by signing up illegals to vote, or keeping people on the gubment dole to buy votes.
domino

Carrollton, GA

#7583 Apr 24, 2013
Synergy, you do know that IO is either going to ignore your verse about homosexual abomination or twist it to mean what he wants it to mean.His drivel is so lonnnng and repetitive, I usually get bored & go to the next post without reading it all.
Oh my

Blairsville, GA

#7584 Apr 24, 2013
Synergy wrote:
Uhmmm, apparently Bush the Lesser was also calling it a surplus...

http://usatoday30.usatoday.com/news/e98/e1686...
The economy's relentless growth means federal surpluses will be far larger than estimated, leaving plenty of room for George W. Bush's proposed tax cut, aides to the presidential contender said Tuesday.
.....
Maybe they were looking at this chart...
http://www.factcheck.org/2008/02/the-budget-a...
Bored

Dawsonville, GA

#7585 Apr 24, 2013
domino wrote:
Synergy, you do know that IO is either going to ignore your verse about homosexual abomination or twist it to mean what he wants it to mean.His drivel is so lonnnng and repetitive, I usually get bored & go to the next post without reading it all.

Me too!
Wait a minute

Douglasville, GA

#7587 Apr 24, 2013
Me three!
ChicknButt

Douglasville, GA

#7588 Apr 24, 2013
Yesterday House Democrats unveiled a “Make it in America” agenda that is designed to spur domestic job creation with a series of common sense and proven reforms to address the nation’s persistent unemployment crisis by promoting exports, strengthening trade enforcement, hiking infrastructure spending, and rewarding companies that stop shipping Americans’ jobs overseas. The Democrats’ goal is to rebuild and restore the rapidly vanishing middle class, and it is dependent on four areas of focus including a manufacturing strategy, promoting exports, training and educating workers for a modern economy, and enticing companies to relocate and bring back jobs to America. It is not a new agenda, but there is concrete evidence that it is key to jumpstarting the economy and putting the country on a path to fiscal health with a vibrant middle class.

Republicans, led by John Boehner, take an opposing view based on destruction evident in the language they use according to their ideological bent based on cutting spending, eliminating regulations, slashing taxes for the wealthy, and removing government they claim is an impediment to their corporate donors. When Republicans parrot the Ronald Reagan mantra of “getting government out of the way,” they literally mean getting rid of the government they claim inhibits economic growth by stifling the private sector’s ability to create jobs. However, for the past four years private enterprise has thrived as a result of President Obama’s American Recovery and Reinvestment Act (stimulus), and complained their biggest impediment to creating jobs is not taxes, regulations, or government spending, but a weakened consumer base too poor to afford their products as a result of Republicans’ wont of killing public sector jobs, cutting spending, and rewarding corporations that move their operations, and Americans’ jobs, overseas.

Republicans have been on a destructive path for over thirty years, and crucial to their attack on the people is “getting government out of the way” to allow their corporate donors to run roughshod over the population. Their persistent calls to cut spending have not, and will not, create one job, and their cuts are for the sole purpose of giving more tax breaks to the rich. Their assault on regulations during the Bush administration allowed Wall Street and financial institutions to cause the greatest economic recession since the Great Depression, and they have their sights set on regulations today that are guaranteed to kill jobs, the environment, and put the financial sector in the drivers’ seat to create a repeat of the 2007-2008 crash. One of the Democratic proposals to create jobs is investing in green and renewable energy that Congressional Republicans will block as the Koch brothers and ALEC rescind renewable energy standards in every Republican controlled state.
ChicknButt

Douglasville, GA

#7589 Apr 24, 2013
If Americans wonder what Republicans would do if they had their way in Washington, they can look at any Republican-controlled state and see drastic cuts to social programs like education, safety nets, and public sector jobs to give tax breaks to corporations. A typical Republican governor is Pennsylvania’s Tom Corbett who seeks significant cuts in teacher and state workers’ pensions, cuts over $1.5 billion from education, opts out of Medicaid expansion, and gives corporations at least $2.5 billion in tax cuts. Corbett’s Draconian budget will kill about 5,000 more jobs on top of the 20,000 teacher jobs already lost to corporate tax breaks, and by not participating in the Medicaid expansion program, Corbett assures between 482,000 to 683,000 low-income residents will go without healthcare to go along with the nearly 200,000 already thrown off Medicare and Medicaid. It is noteworthy that Medicaid expansion will not cost Pennsylvania one penny until 2017, and then their share will be a paltry 10% to cover nearly a million poor, elderly, and working-poor residents. Not only is Republican Tom Corbett killing jobs, but he is killing the poor and preventing children from a decent education just to perpetuate tax breaks for the rich.

Americans will never have to worry over a foreign enemy destroying this country because Republicans have been doing a fine job for over thirty years with their despicable “get government out of the way” mantra that has borne fruit in all but two Democratic presidents’ terms. Bill Clinton presided over the greatest economic growth since Eisenhower and he accomplished it with higher tax rates for the rich and increased environmental regulations. President Obama created over 4 million jobs with one tiny infusion of government money that will go down in history as saving America’s broken economy thanks to Republican deregulation and outrageous spending on tax cuts, two wars, and a gift to the pharmaceutical industry Americans will be repaying for at least a generation. Still, Republicans in Congress are holding firm to their anti-government agenda that is killing jobs and starving an ever-increasing poverty-stricken population including children and seniors. However, where they are blocked in Washington by a Democratic-controlled Senate and President Obama, they are thriving in Republican-controlled states suffering destruction of jobs, education, and social programs while corporations reap the benefits.

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