Seems the Stuxnet worm disabled Iran’s cyclotrons so Ahmbeinganutjob wants to give some uranium to the Oblamebush’s PR types because they can spin fast enough to make weapons grade material.
No, the Bush Era tax policies didn’t cause the recession (is anyone even making this claim?); they merely failed in their stated aim to generate economic investment and competitiveness while succeeding in contributing trillions to annual deficits and the national debt.
The recession was caused by the bankers, who incidentally will also benefit most from Obama’s extension of these cuts.
The bankers were a symptom of the cause … the Community Reinvenstment Act of 1977 and the revisions to it in 1995. This utopian legislation facilitated bad loans and provided a venue to get them off the books by vending them to Fannie and Freddie who in turn used Wall Street investment bankers to package these toxic debts and securitize them with non-toxic assets. Even when warned in 2005 and again in 2006 idiots like Barney Frank and Chris Dodd insisted that there was nothing wrong and that the critics were just racists because the majority of the loans were made to people of color. But hey if you want to leave out the important parts, then you might want to just blame the bankers because it fits your mindset.
I thought this quote might be on point here as well as my previous post …
It is no crime to be ignorant of economics, which is after all a specialized discipline and one that most people consider a dismal science. But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance. — Murray Rothbard, economist
Davenport [snicker] said [choke]: “No, the Bush Era tax policies didn’t cause the recession (is anyone even making this claim?)”
…
[snigger]
…
BWAHAHAHAHAHAAAAAAA!!!!!!!!
Actually all the administrations from FDR on down (particularly Nixon taking the fed off the gold standard)are responsible for this depression – which is just the lul before the crash.
100 years of government deficit and debt added to private sector debt plus a debt-issue currency system has amassed a debt load that is unsustainable. This is reflected in the dollar’s implosion as a global reserve currency and the mass exodus to gold and silver.
You can’t pay off compounded debt by printing monopoly money.
Last gasp of the Tulip Trade right before it tanked. Gawd I hope not.
Update, Dirty Harry Reid just PULLED his 2000 page budget bill from hell. Looks like some RINOs had a forcible spine transplant from someplace, so Harry baby is yanking it.
Possibly, just possibly, adult supervision has come to Washington.
That was last week Kate. You’ve got to move fast to stay with these DemocRat guys, the spin has cracked 14,000rpm and is still climbing.
Obozo . . . the convenient socialist.
“The plan extends for two years all Bush-era induvidual tax rates,”
From the CNBC article. The C stands for Cpell Check.
Or are the tax cuts just for goths.
http://www.urbandictionary.com/define.php?term=induvidual
Seems the Stuxnet worm disabled Iran’s cyclotrons so Ahmbeinganutjob wants to give some uranium to the Oblamebush’s PR types because they can spin fast enough to make weapons grade material.
No, the Bush Era tax policies didn’t cause the recession (is anyone even making this claim?); they merely failed in their stated aim to generate economic investment and competitiveness while succeeding in contributing trillions to annual deficits and the national debt.
The recession was caused by the bankers, who incidentally will also benefit most from Obama’s extension of these cuts.
The bankers were a symptom of the cause … the Community Reinvenstment Act of 1977 and the revisions to it in 1995. This utopian legislation facilitated bad loans and provided a venue to get them off the books by vending them to Fannie and Freddie who in turn used Wall Street investment bankers to package these toxic debts and securitize them with non-toxic assets. Even when warned in 2005 and again in 2006 idiots like Barney Frank and Chris Dodd insisted that there was nothing wrong and that the critics were just racists because the majority of the loans were made to people of color. But hey if you want to leave out the important parts, then you might want to just blame the bankers because it fits your mindset.
I thought this quote might be on point here as well as my previous post …
It is no crime to be ignorant of economics, which is after all a specialized discipline and one that most people consider a dismal science. But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance. — Murray Rothbard, economist
Davenport [snicker] said [choke]: “No, the Bush Era tax policies didn’t cause the recession (is anyone even making this claim?)”
…
[snigger]
…
BWAHAHAHAHAHAAAAAAA!!!!!!!!
Actually all the administrations from FDR on down (particularly Nixon taking the fed off the gold standard)are responsible for this depression – which is just the lul before the crash.
100 years of government deficit and debt added to private sector debt plus a debt-issue currency system has amassed a debt load that is unsustainable. This is reflected in the dollar’s implosion as a global reserve currency and the mass exodus to gold and silver.
You can’t pay off compounded debt by printing monopoly money.
Last gasp of the Tulip Trade right before it tanked. Gawd I hope not.
Update, Dirty Harry Reid just PULLED his 2000 page budget bill from hell. Looks like some RINOs had a forcible spine transplant from someplace, so Harry baby is yanking it.
Possibly, just possibly, adult supervision has come to Washington.