"The President uses fear to sell his $787 billion stimulus package."

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Old Dec 20, 2009 | 07:06 PM
  #76  
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Originally Posted by Frank S
Actually, you don't. Human action proves that typically people borrow to keep up with the Jones's. A 10 year-old car gets us around just as well as a new one, etc. Many people today can't separate the needs from wants.

Like Peter Schiff has said, people borrow money to pay for big screen TV's, cars they don't need, and houses they can't afford. All of that was possible because of America's reserve currency status and the increase of money available by the Fed.
True. Which basically suggests capitalism is a failed theory because it allows for that irresponsible spending, which leads to economic collapse
 
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Old Dec 20, 2009 | 07:21 PM
  #77  
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Originally Posted by RileyDog
True. Which basically suggests capitalism is a failed theory because it allows for that irresponsible spending, which leads to economic collapse
You're 100% off base. Think.

All it proves is that human nature will never change and that America is more materialistic than ever. Capitalism, socialism, communism makes no difference.

America has not been a capitalist nation since the advent of the Fed in 1914. Look it up.

http://solohq.org/Articles/Machan/It...,_Stupid.shtml
 

Last edited by Frank S; Dec 20, 2009 at 07:30 PM. Reason: It's Not Capitalism, Stupid.
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Old Dec 20, 2009 | 09:32 PM
  #78  
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materialism is enabled by capitalism
 
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Old Dec 20, 2009 | 10:51 PM
  #79  
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Originally Posted by Real
Actually, the goal of the first stimulus package under Bush was to avert the complete collapse of our economy (potentially much worse than the Great Depression). The second stimulus package built upon the first but much of the spending hasn't even happened yet. It is a long-term plan to get the economy growing in a sustainable manner. The bulk of the effect of the second stimulus package won't be felt for another two years or so. It is even possible that we will have a double-dip recession.

But you don't want to know what it would look like without Government intervention.

You have been listening to too many right-wing fringe types who do nothing but attack Obama. He could say he's cutting everyones taxes 20% and reducing Federal spending 30% and they would complain about that too. Of course in that case they would have a right to complain. The last thing the Feds should do in a tenuous economic situation is slash spending.
Come one now, you're getting lazy. You've got to read all of the Obamaemail that you get. You aren't sticking to the talking points.

The first stimulus package, under Bush, was to get people spending. Don't you remember how the government sent us checks for three hundred or six hundred dollars?

It was TARP that was supposedly to save us from collapse. TARP wasn't stimulus, it was a troubled asset relief program. Not stimulus.

Unless you can provide a source to clarify, I don't believe that the second stimulus was built off the first or off of TARP. It was designed to create jobs by funding "shovel ready" infrastructure jobs, as well as spurr growth in the private sector. Dont' you remember the rhetoric coming from the Obama administration? Don't you remember that if the stimulus package wasn't passed unemployment could hit 8%? Unless you can provide a source to calrify, I believe that the stimulus package was supposed to "save" or create a million jobs in the first year. They tried to tell us that they had, but it was revealed that they used bogus numbers. We know that there will be more money spent come the mid term elections to insure that Obama can keep this progressive agenda freight train barreling ahead. Deficite be damned.

You tell me and others that we should be looking somewhere other than where we're looking for information. I've got to tell you, it really seems that you might be getting all of your information directly from Obamaemails. You sound like a mouth piece for this administration. Not to mention, you haven't cited a source for any of the information that you've posted. I guess that we're just supposed to take your word for it? You criticize me because what I listen to and watch,while ignoring links to information in big name news papers about subjects that you think the administration can just sweep under the rug.

Are you Obama himself? Mabey Emanuel? I've got to wonder because the way you defend this administration, without offering any evidence to dispute claims that are being made with evidence, is really astounding.

You're statements counter what this country was founded upon. You advocate ideals like thoes of dictators in third world countries. You sound very much like the talking heads in this administration. There are others here who disagree with you, who may not be as articulate or nuanced as you might think you are, that bring reason and common sense.
 

Last edited by wittom; Dec 20, 2009 at 10:54 PM.
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Old Dec 21, 2009 | 12:46 AM
  #80  
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Originally Posted by RileyDog
materialism is enabled by capitalism
Then why are European nations materialistic, not to mention Lenin, Stalin, Hitler, etc? This is going to be interesting.
 
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Old Dec 21, 2009 | 12:54 PM
  #81  
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Originally Posted by Frank S
Then why are European nations materialistic, not to mention Lenin, Stalin, Hitler, etc? This is going to be interesting.
Not communism or even social materialism. They still buy items they want.
 
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Old Dec 21, 2009 | 01:24 PM
  #82  
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Don't you love it when pro government people vote in more government power...

The reason for every single recession and depression america has had in all our history has been due to the fact that government intervened.

"Hey, we are in trouble, we need to vote away more freedom to fix what is happening!"
 
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Old Dec 21, 2009 | 01:50 PM
  #83  
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I'll agree to that. We've had irresponsible fiscal policy in every exec administration and congress since Eisenhower (correct me if wrong) w/1 exception. Exception: Clinton/Republican congress for a few years.
 
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Old Dec 21, 2009 | 02:13 PM
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Originally Posted by RileyDog
I'll agree to that. We've had irresponsible fiscal policy in every exec administration and congress since Eisenhower (correct me if wrong) w/1 exception. Exception: Clinton/Republican congress for a few years.
it goes way before Eisenhower... Clinton/Republican congress was better and Clinton actually ran on the idea that government needs to remain small or at least he acted that way... not all of high policies resembled that but a majority of them did.

The 1990's was a boom time in when it came to production and technology which helped greatly as well.
 
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Old Dec 21, 2009 | 05:25 PM
  #85  
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Originally Posted by RileyDog
Not communism or even social materialism. They still buy items they want.
Lenin, and Stalin weren't communists?

Good luck RD.
 
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Old Dec 21, 2009 | 05:42 PM
  #86  
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USSR/Soviets/Russia != Europe. Further, they were totalitarians, not actual communists.
 
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Old Dec 21, 2009 | 07:45 PM
  #87  
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Originally Posted by wittom
Come one now, you're getting lazy. You've got to read all of the Obamaemail that you get.
I wouldn't even know what an Obamaemail looks like. I've never recieved one or heard of them. Is this something you learned from one of the right-wing media wacko's?

It was TARP that was supposedly to save us from collapse. TARP wasn't stimulus, it was a troubled asset relief program. Not stimulus.
Good call, I was getting sloppy with my terminology.

But the stimulus bills do increase the effectiveness of TARP. Most of the troubled assets were esoteric mortgage backed securities and the stimulus packages were designed to reduce mortgage default as it stimulates the economy. This takes time and the fact that the unemployment rate went higher is not because the stimulus won't help, it's more a function just how bad the economy was.

The main problem with the first stimulus bill is not that it wasted government funds nor that it mis-allocated them to a large degree but that it was not not nearly large enough. Hence the second stimulus package.

Are you Obama himself? Mabey Emanuel? I've got to wonder because the way you defend this administration, without offering any evidence to dispute claims that are being made with evidence, is really astounding.
LOL! Just a minute, I need to go feed Bow...Seriously though, can you be more specific?

You're statements counter what this country was founded upon. You advocate ideals like thoes of dictators in third world countries.



There are others here who disagree with you, who may not be as articulate or nuanced as you might think you are, that bring reason and common sense.
If the stuff I read in here is what passes for "common sense" these days, we are in real trouble. The right wingers already gave our country 8 years of the worst Presidential leadership that we've seen since Hoover. And don't try to tell me Carter was worse. I know better. The last 8 years have been a disaster for the U.S. in terms of the economy and especially in terms of international diplomacy and our standing in the world. If that's where this kind of "common sense" leads us, I would have to say it's not good sense.
 
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Old Dec 21, 2009 | 09:50 PM
  #88  
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Originally Posted by Super FX4
Don't you love it when pro government people vote in more government power...

The reason for every single recession and depression america has had in all our history has been due to the fact that government intervened.

"Hey, we are in trouble, we need to vote away more freedom to fix what is happening!"
You are 100% correct sir.
 
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Old Dec 22, 2009 | 12:54 PM
  #89  
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Originally Posted by RileyDog
USSR/Soviets/Russia != Europe. Further, they were totalitarians, not actual communists.
???
 
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Old Dec 22, 2009 | 04:50 PM
  #90  
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Originally Posted by RileyDog
USSR/Soviets/Russia != Europe. Further, they were totalitarians, not actual communists.
This is actually incorrect. Many people that believe in Communism/Socialism would want to have you think that no one has done it right...

They were 'actual' communists. Whenever you want communism and/or socialism. The people can not decide what is fair and what is not, so in order to do so they have to appoint someone with more power to make the call and in all cases it is the government. Once this is done, then the whole 'fairness' thing didn't really work out because now government overlooks the people.

In order to have communism/socialism you have to have a dictatorship or oligarchy. The 2 must be together in order to do so, no if's and's or but's about it.


This is why I will take total free market capitalism/freedom 100% of the time.
 
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