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 ... Full Story
sonicfilter

Fishers, IN

#1005863 Oct 17, 2013
fetch almighty wrote:
<quoted text>I'm sure you're sold, bought, paid for and proud by now.
you really are in winning by losing denial.

come on man! you won something! didn't you?! despite the fact that we keep seeing this everywhere....

Obama defeats the Republican Party in shutdown showdown

http://www.cbsnews.com/8301-250_162-57607889/...

you must have won something!

“Constitutionalis t”

Since: Dec 10

Spring, TX

#1005864 Oct 17, 2013
Death of Tenzing wrote:
<quoted text>
Yes they do,(why'd spending go UP $300 billion when the teabaggers took over??) however there was no spending for Obamacare in the CR.
http://www.usgovernmentspending.com/fed_spend...

How about you put some facts in your post.

Here are some facts you pretend don't exist:

The Democrats took control of all the purse strings of government in January, 2009, and were given a declining deficit of 0.16 (that's zero point one six) trillion, and a total debt of 8.5 trillion, having increased 3.5 trillion since the beginning of the global war the Arabs started in 2001.
Subsequently, the Democrats increased the deficit one thousand percent to 1.6 trillion.
After the TEA Party gained influence in government, that deficit was decreased to 1.3 trillion where it exists today, and there is no plan in existence to change that.
The recent government shut down hoax by the Democrats was nothing more than the tantrum of a spoiled child when being forced to accept the real world fact that even governments must live within its means.
The Republicans failed miserably when making this obvious-to-the-entire-world point.
Also, the Republicaqns failed miserably in their education of the population about ObamaKare.
These failures fall unquestionably on the shoulders of the Speaker.
WOW

Bronx, NY

#1005865 Oct 17, 2013
Some more info for people that are not Know it Alls The Dollar Crisis? Nine Mind-Blowing Facts About Money, Debt Default and Reserve Currencies
China Invented Every Form of Money

China:

Invented every single major form of currency, including paper money and fiat currency not backed by any tangible commodities
Seized gold six centuries before Franklin Roosevelt, in order to prop up its fiat currency and prevent runaway inflation
Debt Forgiveness Is The Basis of Modern Civilization Will the dollar last as long as Spain, France or Britain’s reserve currencies? It’s impossible to know.

But given that the dollar’s reserve status has been slipping away for many years – and that the European Union (the world’s largest economy) has now entered into a currency swap agreement with China – the dollar’s reign may only have a couple of years left.

Big Banks Are Not Really In the Banking Business

Everyone thinks of banks as holding our deposits safe, and extending loans based upon the amount of deposits they hold in their vaults.

This is no longer true.

The big banks currently do very little traditional banking. Most of their business is from financial speculation (which, sadly, metastasizes into manipulation and criminal behavior).

For example, less than 10% of Bank of America’s assets come from traditional banking deposits.

Time Magazine gave some historical perspective in 1993:

What would happen to the U.S. economy if all its commercial banks suddenly closed their doors? Throughout most of American history, the answer would have been a disaster of epic proportions, akin to the Depression wrought by the chain-reaction bank failures in the early 1930s. But [today] the startling answer is that a shutdown by banks might be far from cataclysmic.


Religions were founded on the concept of debt forgiveness.

For example, Matthew 6:12 says:

And forgive us our debts, as we forgive our debtors.

Periodic times of debt forgiveness – or debt “jubilees”– were a basic part of the early Jewish and Christian religions, as well as Babylonian culture.

David Graeber, author of “Debt: The First 5,000 Years” told Democracy Now:

If you look at the history of world religions, of social movements what you find is for much of world history what is sacred is not debt, but the ability to make debt disappear to forgive it and that’s where concepts of redemption originally come from.

Ambrose Evans-Pritchard wrote in 2009:

In the end, the only way out of all this global debt may prove to be a Biblical debt Jubilee.

Indeed, the first recorded word for “freedom” in any human language is the word for freedom from debt.

(Moreover, there is a long-standing legal principle that people should not have to repay their government’s debt to the extent that it is incurred to launch aggressive wars or to oppress the people … what is called “odious debt”).

The Real Reason Money Was Created?
Everyone was taught that money was invented to replace the messy business of barter. It’s hard work walking my cow all the way to your village to trade for firewood … and then carrying all of that firewood back home. And what if no one wants my cow?

But economist Charles Goodhart – a former member of the Bank of England’s Monetary Policy Committee – anthropologist David Graeber, and other experts on the history of money say that this is a myth.(Bloomberg has written on this issue.) Instead, they say that money was invented to finance war, and to keep score while armies went about pillaging and looting.

(We’re not vouching for their theory, or saying that money is inherently bad. We just think it’s interesting that there are alternatives to the “cumbersome barter” theory.)

Lifespan of Currencies

The average life expectancy for a fiat currency is less than 40 years.

But what about “reserve currencies”, like the U.S. dollar?

JP Morgan noted last year that “reserve currencies” have a limited shelf-life:

sonicfilter

Fishers, IN

#1005866 Oct 17, 2013
Homer wrote:
<quoted text>It's just that they cost us money for both the economy and also added more debt with lost tax revenue, so it's lose lose.
Then I get home last night and there is a tv ad run by my Republican controlled state government about the new voter id law which is not exactly in effect, in fact they state this disclaimer -
"Next time you vote you may be asked but are not required to provide id" or something to that effect
Why are they wasting my tax dollars with this nonsense???
does that ad mention that you can give them the middle finger? if so, no waste there. if not, i think you should quit paying your state taxes.
WOW

Bronx, NY

#1005867 Oct 17, 2013
Inequality Today In America Is Worse than In Ancient Slave-Owning Societies

Inequality is much worse than you think …

Indeed, inequality in America today is twice as bad as in ancient Rome, worse than it was in Tsarist Russia, Gilded Age America, modern Egypt, Tunisia or Yemen, many banana republics in Latin America, and worse than experienced by slaves in 1774 colonial America.

Quantitative Easing Hurts the Economy

81.5% of all money created through quantitative easing is sitting there gathering dust … instead of helping the economy.

Indeed, quantitative easing actually hurts the economy, Main Street, and the average American.

Yes, The U.S. Has Defaulted

It is widely stated that the U.S. government has never defaulted. In reality, the U.S. has partially or fully defaulted on numerous occasions.

How Money Is Really Created

Banks create money out of thin air, without regard to whether or not they have deposits on hand.

This sounds like an outrageous statement … but the Federal Reserve has said as much.

For example, a 1960s Chicago Federal Reserve Bank booklet entitled “Modern Money Mechanics” said:

[Banks] do not really pay out loans from the money they receive as deposits. If they did this, no additional money would be created. What they do when they make loans is to accept promissory notes in exchange for credits to the borrowers’ transaction accounts.

Economist Steve Keen notes:

As long as 4 decades ago, the actual situation was put very simply by the then Senior Vice President, Federal Reserve Bank of New York, Alan Holmes. Holmes explained why the then faddish Monetarist policy of controlling inflation by controlling the growth of Base Money had failed, saying that it suffered from “a naive assumption” that:

The banking system only expands loans after the [Federal Reserve] System (or market factors) have put reserves in the banking system. In the real world, banks extend credit, creating deposits in the process, and look for the reserves later. The question then becomes one of whether and how the Federal Reserve will accommodate the demand for reserves. In the very short run, the Federal Reserve has little or no choice about accommodating that demand; over time, its influence can obviously be felt.(Alan R. Holmes, 1969, p. 73; emphasis added)

Moreover:

(1) William C. Dudley, President and Chief Executive Officer of the Federal Reserve Bank of New York, said in a speech in July 2009:

Based on how monetary policy has been conducted for several decades, banks have always had the ability to expand credit whenever they like. They don’t need a pile of “dry tinder” in the form of excess reserves to do so. That is because the Federal Reserve has committed itself to supply sufficient reserves to keep the fed funds rate at its target. If banks want to expand credit and that drives up the demand for reserves, the Fed automatically meets that demand in its conduct of monetary policy. In terms of the ability to expand credit rapidly, it makes no difference.

(2) On February 10, 2010, Ben Bernanke proposed the elimination of all reserve requirements:

The Federal Reserve believes it is possible that, ultimately, its operating framework will allow the elimination of minimum reserve requirements, which impose costs and distortions on the banking system.

Under the current fractional reserve banking system, banks can loan out many times reserves. But even that system is being turned into a virtually infinite printing press for banks.

Germany’s central bank – the Deutsche Bundesbank (German for German Federal Bank)– has also admitted in writing that banks create credit out of thin air.
sonicfilter

Fishers, IN

#1005868 Oct 17, 2013
Whatever wrote:
<quoted text>
Did you know more people have applied to live on Mars than have signed up for Obamacare
Over 200,000 people apply to live on Mars
http://www.wired.co.uk/news/archive/2013-09/1...
oh sure, cite a UFO story but can't cite an accurate figure as to how many have enrolled in the ACA.

“Bill Clinton could have ”

Since: May 10

Prevented this

#1005869 Oct 17, 2013
sonicfilter wrote:
<quoted text>
you really are in winning by losing denial.
come on man! you won something! didn't you?! despite the fact that we keep seeing this everywhere....
Obama defeats the Republican Party in shutdown showdown
http://www.cbsnews.com/8301-250_162-57607889/...
you must have won something!
O'bama will be coming on TV in a few minutes if he can get his lazy ass out of bed. He doesn't do pressers before 10--it is against his will if he has to. O'bama will be coming on to tell us about how the United States is happy land. Only 14% approve of the way the country is going. O'bama is the leader.
Homer

Bethlehem, PA

#1005870 Oct 17, 2013
Whatever wrote:
<quoted text>
Did you know more people have applied to live on Mars than have signed up for Obamacare
Over 200,000 people apply to live on Mars
http://www.wired.co.uk/news/archive/2013-09/1...
Yeah but 50,000 of those Mars applications are from Flack
No Surprize

Seminole, FL

#1005871 Oct 17, 2013
Grey Ghost wrote:
<quoted text>
Thanks for reminding me to vote early. That is if you lowlife baggers haven't removed that also. HOW was that crow sandwich this morning?
A treasonous traitor that hates Veterans, who makes ghetto lowlife claims, then can't back them up! Talk about looking stupid and working hard to prove his ignorance that's a sellout called ghost...

It's the culture..
WOW

Bronx, NY

#1005872 Oct 17, 2013
Obamacare VS Single Payer – Top 10 Things the ACA Gave Us VS the Top 10 We Gave Up
Most things have two prices --- the price you pay outright, and the opportunity cost, the negative value of what you gave up in order to do what you did. Were the “opportunity costs of the Affordable Care Act, the options we threw away to get it, actually worth more than the Affordable Care Act itself? What if we had pursued single payer instead? Would Republicans be able to block its implementation, and millions remained uncovered, as is happening now?What did we gain? What did we lose? Was it worth it? You decide...

WHAT WE GOT WITH THE AFFORDABLE CARE ACT

WHAT WE GAVE UP WHEN OUR LEADERS REFUSED TO PUSH SINGLE PAYER

1. We got a swiss cheese system that exempts many large corporations from having to ensure their employees.

The only grain of truth in the mountain of partisan lies Republicans tell about the ACA is that hundreds of large corporations have indeed been granted under-the-table exemptions from the obligation to provide health insurance to many of their workers, along with regulatory loopholes which let them to raise co-pays and deductibles to levels that will compel many of their low-paid workers to take their chances on the federal and state exchanges.

A single payer system would have freed US businesses altogether from the crushing burden of providing health insurance for their employees, and left no one without health insurance.

2. We got a Medicare expansion which can be thwarted at will by current or future Republican controlled state governments.

The only unalloyed silver lining of the ACA was its expansion of Medicaid, which the Supreme Court threw out, enabling state governments to selectively deny Medicaid benefits to millions

Medicare has been settled law for 50 years. Hostile state governments have no say in any part of its funding or administration. Lowering the Medicare qualification age to include everyone is and would have been a legally bulletproof, and Supreme Court proof way of guaranteeing health care for everybody in every state. But we threw that away.

3. We got a chaotic and confusing “marketplace” in which patients with little information are encouraged to conflate low insurance premiums with low-cost quality insurance.

In reality many families of modest means will choose low-cost plans with deductibles and premiums so high and coverage so limited that these costs will remain significant barriers to getting medical care even though they are technically “insured.”

Under a single payer system everyone is insured, period, from the cradle to the grave. Under single payer the experience of shopping --- essentially being preyed upon in a marketplace where the sellers have all the information and all the advantages never happens.
Grey Ghost

Partlow, VA

#1005873 Oct 17, 2013
fetch almighty wrote:
<quoted text>O'bama will be coming on TV in a few minutes if he can get his lazy ass out of bed. He doesn't do pressers before 10--it is against his will if he has to. O'bama will be coming on to tell us about how the United States is happy land. Only 14% approve of the way the country is going. O'bama is the leader.
Opps time for you to make that appointment that every one has been asking you to do..Either that or get back on your meds.

Since: Jun 13

Orlando, FL

#1005874 Oct 17, 2013
fetch almighty wrote:
<quoted text>O'bama will be coming on TV in a few minutes if he can get his lazy ass out of bed. He doesn't do pressers before 10--it is against his will if he has to. O'bama will be coming on to tell us about how the United States is happy land. Only 14% approve of the way the country is going. O'bama is the leader.
You mean he's going to lecture to us again and disappear from the podium before answering any questions.

Never before has any president given so many speeches and answered so few questions.
WOW

Bronx, NY

#1005875 Oct 17, 2013
Obamacare VS Single Payer – Top 10 Things the ACA Gave Us VS the Top 10 We Gave Up
4. We got an initially unworkable internet front end for our chaotic and confusing “marketplace.”

In the first week of open enrollment in the state of New York, which is entirely cooperating with the ACA, almost none of the hundreds of thousands of eligible persons succeeded in enrolling online.

The first day of single payer customers would have to do exactly nothing. The social security system would already have your address and income data, with no confusing and predatory “marketplace” to navigate, people could go about their productive lives.

5. We gave an ongoing river of cash to private health insurance companies. Millions more are now forced to buy their crappy product, with the premiums funded by billion annually in public subsidies.

Health insurance executives got massive salary increases since the passage of the Affordable Care Act. Existing insurance company shareholders saw profits and stock prices spike, first with the passage of the ACA, then with the onset of open enrollment. Anticipated ballooning profits have led health insurance companies to buy back as much of their own stock as possible. What else would you expect? Health insurance company lobbyists wrote the ACA.

While the ACA pads the pockets of insurance company executives and keeps employed an army of advertisers, marketers and bureaucrats, single payer would have created a quarter million new good paying jobs delivering actual health care to people, according to the National Nurses Union.

6. The ACA gives us little or no cost control over medical care and even bans most measures that would lower the cost of prescription drugs.

With the substandard policies the most families will be able to afford, skimpy coverage, high co-pays and deductibles will continue to threaten hundreds of thousands annually with bankruptcy due to unpayable medical bills.

The US is one of the few places in the developed world in which a family can lose its home, and its children their college educations because of unpayable medical bills. We could have changed that. But we didn't

7. ACA only covers about half the nation's total uninsured. It leaves two thirds of the blacks and single mothers, along with half the low-wage employed currently without health insurance untouched.

You can blame Republicans for blocking ACA implementation, but they're only exploiting the opening Democrats gave them. The White House and Congressional Democrats made the decision to go for piecemeal private insurance reform rather than wholesale public health care reform.

Democrats and the entire political establishment placed much of what little credibility they had after the bank bailout behind the purported achievements of the ACA. A promise is a promise, and people DO remember broken promises. Broken promises poison the well of civic trust for established political parties and candidates.

“Constitutionalis t”

Since: Dec 10

Spring, TX

#1005876 Oct 17, 2013
RealDave wrote:
<quoted text>
"Rise in the east"
In what geographical framework is Hawaii in the "east", so this "prince" isn't Obama.
....
Prove it.
For some reason, Obama's lawyers will say and do anything to avoid having to submit that obviously fraudulent "birth certificate" being shown on the White House website in any case. Now, why would they do that?
Perhaps because they are aware of the fact that knowingly submitting fraudulent evidence will get you bent over in a prison shower?
How about doing what the so-called "birfers" want and submit that document as proof of Obama's eligibility.
If that document is proven legitimate, this case will disappear faster than a male page off Barney Frank's New York hotel balcony.
WOW

Bronx, NY

#1005877 Oct 17, 2013
8. We have to wait till 2016, when the Obama administration is on its way out of office for all the provisions of the ACA to take effect.

Back in 1965 and 66 it took only eleven months from the signing of the Medicare legislation by the president to the sending out of cards to patients, in an era when computers were the size of boxcars.

The same as the previous.... the ACA is for many, another broken promise.

9. Making health insurance and health care privatized commodities instead of human rights granted certain permanent rights to those profits under the currently popular conservative legal “takings” doctrine.

Conservative jurists, like the majority on the current Supreme Court believe that whatever profits corporations lose from future government action must be paid in perpetuity to those corporations. They call this the regulatory takings doctrine. ACA's corporate welfare giveaway will make it enormously difficult to take this billion dollar candy back from health insurance scammers by making health care a human right any time in the future.

We gave up the human right to health care. In exchange we got the right of health insurance corporations to get paid. Such a deal.

10. ACA's scheme of privatized health insurance paid for by public dollars was originally devised by one arm of the ultraconservative Heritage Foundation, and is opposed today by another arm of that same organization. Go figger.

Before it was called Obamacare nationally, it was called Romneycare in Massachusetts when that state's governor implemented it there.

By embracing what was a short time ago a right wing pipe dream as “health care reform” Democrats and so-called progressives have given Republicans encouragement to move further to the right, opposing ACA even though it originated at the nation's premiere right wing think tank.
lily boca raton fl

Boca Raton, FL

#1005878 Oct 17, 2013
Homer wrote:
Standard & Poor's estimated the shutdown has taken $24 billion out of the economy.
As if Homer didn't already dislike the Tea Baggers.
What a waste.
No Surprize

Seminole, FL

#1005879 Oct 17, 2013
sonicfilter wrote:
<quoted text>
oh sure, cite a UFO story but can't cite an accurate figure as to how many have enrolled in the ACA.
obamacare is bust a sonicmoron, hell you have not signed up... Obamacare will win the Republicans the House and Senate in 2014

AND.. When the Tea Party Patriots take back the country in 2014, you commies, obamacare brown shirt liberals and moochers will need to learn and fish or cut bait...

It's the culture...
Grey Ghost

Partlow, VA

#1005881 Oct 17, 2013
fetch almighty wrote:
<quoted text>Big girls don't cry. They get even.
Crotch big don't count.

“fairtax.org”

Since: Dec 08

gauley bridge wv

#1005882 Oct 17, 2013
washingtonpost.com
>
World
ad_icon

Graphic
World suicide rates by country
Below is a ranking of countries and the number of suicides per 100,000 people.

Click on table headers to sort alphabetically by name or numerically by rank.
Country Suicide rates per 100,000 people
Austria 13.8
Belgium 18.4
Britain 6
Canada 10.2
Czech Republic 12.7
Denmark 11.3
Finland 16.5
France 14.6
Germany 10.3
Greece 2.9
Hungary 21.0
Iceland 10.4
Italy 5.5
Japan 19.4
Luxembourg 9.5
Mexico 4.4
Netherlands 7.9
New Zealand 11.9
Norway 10.9
Poland 13.8
Portugal 8.7
Slovak Republic 10.9
South Korea 24.7
Spain 6.3
Sweden 11.1
United States 10.1
OzRitz wrote:
<quoted text>
WTF is wrong with you people, do you begin to know what you are talking about. Health care has been installed in EVERY western economy world wide, plus in almost every tin pot dictator regime for at least 40 yrs now.
If you could explain to us why this is such a problem for you when to others its a tax burden other countries citizens are quite happy to pay. Like all the Scandinavian countries which have the highest tax rates in the world yet have social welfare from cradle to grave.
They are always rated in the top 10 countries for quality of life and in most cases in the top 5. Yet in your feeble mind these ppl are oppressed even thou they have a quality of life 10 times your own. Either all of you ringers were dropped on your head at birth or there is some genetic flaw that takes away your power of reason & logic.
Fenris the Big Bad Wolf

United States

#1005883 Oct 17, 2013
sonicfilter wrote:
<quoted text>
Confidence in the country's direction has fallen 15 points since the government shutdown began two weeks ago...
http://www.rasmussenreports.com/public_conten...
wanna talk about the polls that show who owns the shutdown?
As one professional angler to another, I'm surprised you thought I would even give that troll-bait so much as a little nibble.:-)

Who "owns" the shutdown? You're talking about it like it was a bad thing (and it's not). That realization (i.e. that the fed is bloated and unnecessary) hit a MULTITUDE of people the last two weeks, and it will get better results every time around (which will be every annual budget).

Again you and I both know we will be right back here in January, and Arizona days are too gorgeous to waste bickering about the inevitable. Lots of tunes to get ready for the weekend gigs, so off into the beautiful sunrise I go.....:-)

Viva la Rand, and the rest of the patriots;

Coburn, Cornyn, Crapo, Cruz, Enzi, Grassley, Heller, Johnson-WI, Lee, Risch, Roberts, Rubio, Scott, Sessions, Shelby, Toomey, and Vitter!!!

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