Obamalama Crazy

Stefan, it also costs money to get the materials together as well as pay Electricity bills, salaries and such-just to print the billions that he's spending much much faster than it can be printed. Also, in a way-he is spending tax=payers money. Just think about it some Stefan. Anyway you look at it-"WE" flip the bill-nol Jethrobama Bodine. Also, he's kissing Vlads butt-stupid-very stupid. I shant explain more on that part-I think even you can figure that one out????

 

So? You've been doing it for years. Bush jr time was an al time high. Since 2006 the USA doesn't reveal how many dollars it prints for one and before that, your country produced trillions more than they should as "fake" currency. With that currency being printed in the same machines that print "real" dollars it was undecipherable from the real money. Your successive governments said they were following drug operations using that money while in fact, it was just extra-currency being injected. Iran bought their F-14 fleet with fake dollars for example and everyone knew it. No one could do a thing about it since if someone mentioned it, the resulting crisis would be huge. The thing about our economy is, the value of money is not indexed to anything anymore. People like Ronald Reagan felt that having the currency value indexed with the ammount of gold, seriously hampered the expansion of the economy since gold can only be dug out at a much limited speed. So, you have currency in theory indexed to the interest rate and the "economic potential" (whatever that is) of a country. In reality, it's pretty much a big free for all and no real value is given to money so, take it as a curency of fate. If you have fate in it, then the money is worth something. If people stop believing, then the money has no value whatsoever.





Cheers...

 

He's actually much worse than Bush so far since he's only been in office for a short period. Just because he's putting down money several times the total cost of the Iraq war in the name of goodwill (like all left wing schemes) doesn't mean that he isn't serving himself and his political cronies in building new, even more wasteful set of government apparatuses and control mechanisms.

Read Ehrenberg's (he makes a successful living using economic forecasting skills) blog posts, I also recommend A Failure of Capitalism by Judge Posner and Financial Shock by Mark Zandi. Also, Basic Economics, Applied Economics, and Economics Facts and Fallacies by Sowell.

http://informationarbitrage.com/

 

Stefan, I by no means am claiming that these actions will fix the economy or eliminate the United States massive debt but I feel there are a few things that can help. First would be in regard to taxes. Not increasing them but how they are collected. In the US right now, in our Federal returns, it is assumed that if you owe or are expecting to receive a return of less than 1$ neither you nor the government need to pay that amount. Now, if the IRS was to demand that we pay that nickel or so, but still declined to pay for anything less than a dollar, we can create a couple hundred million dollars out of practically nothing.

Here is another option that may undoubtedly cause controversy. Legalize and regulate Marijuana in the same way as alcohol. First it would be relatively cheap to manufacture. Second, with the profit margins made off of cigarettes applied to this as well, the government can make untold amounts of money, and at the same time cut back spending on fighting the import of the drug. It cuts back on spending to state prisons who house those who are locked up for minor possession charges. (Note: I am in no way stating that I support any movement for the legalization of drugs, just acknowledging the potential for the government to make massive sums of money off them.)

A third option is to cut some of our overseas spending. Not the spending that goes towards humanitarian efforts such as natural disasters etc, but do we really need to pay for someone who can not afford an abortion to have one. NO! I also remember reading that Senator Specter from my home state, sent tens of Millions of dollars to France to conduct research on fruit flies for the US. Money that could have gone towards any number of internal issues that need attention.

Also, IIRC college universities get some amount of government money. When a college charges in excess of 40 thousand dollars for a single year of education per student, do we need to give them a tens of millions on top of the large sums they already make?

The number one thing that needs to be done, however, is Congress needs to cut the Pork. We are spending way too much on pet projects that have nothing to do with the bill being passed, with no reason to even be there except for procuring more money for others at a personal gain for the Senator in question.

Just a couple options and my two cents.

 

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Sorry, if the money is being made up out of thin air it isn't actually coming out of your pocket, a vague 'in a way' type comment makes little sense at all.

Now Carl, play nice, let's not get all techy and offensive

Of course you foot the bill, but ultimately the course being taken seems to be the only viable, if risky, way to deal with the situation.

It is interesting to note that quantative easing (as they have called it) over here has actually slowed economic decline and encouraged investment. Brown may have messed up with his 'we save the world' gaff but he certainly did prevent the economy from going totally down the pan. Who knows, maybe Obama has done the same for you

 

Sorry STefan but, I never intended for my Vlad comment to be technical or offensive :-D but then again, we know you live in a world of fantasy :-D

 

Full of bubblegum trees and a marmalade sky? Aint that the truth!

Actually I was referring to your rather condacending tone but ho hum and don't worry.

 

I remember this claim. A bit of basic Googling shows just how silly it was to pick it as an example of 'waste'.

 

Lets face facts people our leaders are not a patch on our pass leaders and they will continual to go down hill as the years go on, all part of the end game.

 

No, it was a perfect example. Stefan asked for some examples of what could be done (a reasonable request). I was not arguing the benefits of the research, only that sending money to foreign countries is not going to help the US get out of the recession, or assist the automakers or financial institutions. Please forgive me for not knowing that sending our money to foreign countries will save the US economy and end the recession.

PS. The first hit on the google search regarding the topic was how Specter is one of the US's more wasteful spending Senators

 

Hes much much too libtarded for me,i see him resolving nothing,,its good that hes black because the whine levels of black americans should really drop.

 

Yaaawwnn, I shant worry.

 

Hasn't happened yet. They are still having one hell of a Shindid because this unqualified candidate won the bid for high office. He has much more weight riding on him and if he keeps going doan the same road as he's been on since taking office-then unfortunately-we might not see another black man in the white house for another hundred or so years-that ois-IF the USA can last four years of this guy?????????????????????????????????????

 

Can I borrow those rose tinted glasses when you're done with them please Richard?

Come on, we've had alcoholics, adulturers (hoards of them), narcicists, Fascists, idiots, even a few lunatics. I honestly see no real decline, just a massive line of people who were all rubbish in their own ways.

 

Stefan

I was referring to the way they seem to love the media these days, if there out of the news for a few days they crack up and go mad as to say. They suck up to the media so much and when they get together it's like..."YOU WHO OVER HERE YES ME WHOOOOOO...not only that, you can see how weak they have become. They no longer show remorse or say sorry. there blind arrogance and lust for power has blinded them all to one fact, They are no body.

 

I'm not so sure, Disrali, Lloyd George, all these people played the media or the crowd, the only difference is that the media is so much more powerful. They use the media as a tool, you would be surprised how many stories, particularly in the red tops, have their origins in government. As for remorse etc, Lloyd George showed no remorse when he turned cannon onto striking workers, Churchill wasn't too bothered by the actions of his Black and Tans, Thatcher did more harm to society than one would have thought possible and is still convinced she did the right thing. Politicians have never shown remorse, in fact the recent expenses scandle has shown more apologetic and contrite politicians than we have ever seen before. As for weakness, our government has more and more power, fewer and fewer weaknesses for anyone wanting to attack it to exploit (be it for for good or bad reasons).

As for being nobody, for the most part sure, but then who exactly would you say is 'somebody' if not some of our major politicians? In the age of celebrity who is truly 'somebody?'

 

It's always depressing to see his name on the top celebrity searches on a search engine.

 

I’ll tell you but first something needs to be clarified.

In the United States, patriotism has been associated with the support of a massive and bloated Military/Industrial complex. The mere suggestion that some of the money spent on defense could be spent elsewhere immediately brings the charge that one is not patriotic and does not support the troops.

Well! This is utter nonsense! I, for one, believe that we could cut our military spending back substantially and I am a patriot with the utmost respect for our men and women in uniform. I am highly offended by anyone suggesting otherwise!

That said, we could save zillions by cutting back on our military spending and using those savings for the betterment of life in this country. In so doing, we would gain the respect of the world by embarking on a less warlike foreign policy which would follow naturally.

Massive amounts of money were spent by both the United States and the Soviet Union during the cold war. I do believe that this expenditure was absolutely necessary because, simply put, the Soviet Union could not be trusted.

However, there is no longer a Soviet Union with a massive military threatening us. Yet we have not curtailed our military expenditures one iota. It’s a fact that our military might is 40% of the military might of the world. This means that we pretty much have the power to wage war on the entire world and still have approximately a 50% chance of being the victor. Clearly, this is utterly ridiculous.

Also, there is an inherent problem with so much military might; the tendency to use it simply because it is there. I happen to believe that this was one of the major reasons for the unnecessary invasion of Iraq. I believe that the other major reason was war profiteering. The industry in this country that produces weapons has made zillions as a result of Iraq. Needless to say, the invasion of Iraq had nothing whatsoever to do with terrorism or, comically if I may add, maintaining world peace.

So the bottom line is that we should gradually reduce our military might with the accompanying benefits of having money to spend on more meaningful enterprises along with the garnering of respect and peace in the world.

 

Agreed but this is nothing new. It has been done this way for all of recorded history and a sizeable portion of nonrecorded history.

By the way, I was recently nauseated to learn that Pope Pius XII requested of General Mark Clark's staff, that no black soldiers be allowed to enter Rome with the Americans.

I'm not sure but I imagine that he has been canonized as a Saint.

I've always believed that religious credentials don't mean s%#t!

I'd better shut up before I get myself into trouble.

Bob Guercio

 

As to Pope Pius' "sainthood", it is my understanding the Pope Pius XII has yet to be beatified, which is the first step toward sainthood. Or at least I have heard nothing to that effect, and it would certainly make the news somewhere. Last year this was released in Oct.
　
CNS STORY: Vatican: Stop pressuring pope on Pope Pius XII's beatification

Pius’ (Pecelli) racial attitudes toward any soldiers of African decent was set after WW1 while he was still Bishop Pecelli, and had noticed that in the Ruhr area the French had placed French African Colonial soldiers in occupation duties in that area. The reports of rapes and thefts escalated during this time, but his repeated pleas to the French authorities fell on deaf ears. His request may be looked at in the light of "nipping a possible problem in the bud".

That may have formed his opinion toward "colored" troops in general, and having them in positions of authority in Rome/Vatican city. He welcomed colored troops to visit St. Peter’s for religious purposes, and would allow communion to be given to them if they were Catholic and requested same.

His racism was very specific, and directed at soldiers of African decent. Not Africans per se, but those who had been transported far from home and whom he believed acted with less restraint than their non-colored compatriots.