Most liberals don't seem to have a very good grasp on economics, and they also seem to not understand or simply don't know history.

At what point are we allowed to blame Obama for the things goin' wrong in this country, instead of Bush? I mean, the guy has been in office for a couple years now...

It's also kinda funny that many liberals forget the record market highs during the Bush administration. They also forget that war is expensive (whether you agree with the wars is irrelevant).

I'm really gettin' a good laugh outta some of the comments made in this thread. That sad part is that so many people feel the same way K-Mac does. Some will never get it. Others will eventually come around.

The Democrats don't have a clue, and it seems a lot of Republicans don't have a clue either. The Republicans seem to have forgotten what they are supposed to stand for. Hopefully the Tea Party movement has changed that, but only time will tell. As long as this country only elects people from the two big parties, we'll continue a downward spiral. We need more constitutionalists in elected positions. Not politicians who follow a party agenda.

 

You really think that is what did it ?

Nothing to do with the housing market value dropping and all the 125% mortgages from the late 90s coming to roost ( along with a few other things ).

Yes you have it all figured out ( just like calling the current POTUS more of a republican than Nixon).
Go forth and inform the the unknowing ( could be considered a circular definition.. )

I really love the last line of that post

 

Yea, what about the housing bubble that burst? What was its origin?
How about the ongoing growth of government and all of the bailouts? This surely isnt conservative. Liberal ideals think that this is how a country economically runs. They refuse to look at what has and hasn't worked in history.

All I can say is that the Tea Party better get stronger, kick out the Republicans who aren't conservative, and start controlling government spending. It's ridiculous that 32% of my salary is poof! Gone, all to the government. Fiscal responsibility needs to be painted all over this country with an extra-wide brush, and the tea party is the only group that understands that.

 

Yes who's idea was that..........
Something about a chicken in every pot, and a house for every pot.... Home ownership was a right, not privilege.
I think he worked with the guy that invented the Internet...

Republicans take the blame for it, due to the big wall street companies that took a hit and the "stress tests" that the rules of which were not told to them.
Nice test, you are going to have a 10 question pass or fail test tomorrow. Sorry I cannot tell you what it is on, or if I am taking the correct answers from text books or wiki or a not well known blogger's site, but you had better get all 10 questions right, or you fail and must take a loan at an interest rate that is to be determined ( has nothing to do with Prime or fed funds rates ).

I still think that there was a bond payment due, and they got BoA to pony up the $2 B they paid in interest to the feds a "street tax" to make the payment. Nice savings account the administration has going here.

Sure it is, didn't you hear wall street is reporting record profits, which means record taxes due. This is why raising taxes is a great idea. All that cash coming in makes it fiscally conservative.

 

It's becoming one awfully big safety net:

Boston Globe-A legacy of unintended side effects

Read this article and then tell me these are things of good and will better us overall. This stuff isn't happening in a land far, far away. This article takes place in my state. They interviewed people in the area that I live. I see people like this every day. It's happening everwhere.

 

I am not saying that people never abuse these programs.

I seriously think giving a 4 year old SSI is stupid. They aren't replacing an income they would otherwise earn.

Some of these things have grown way out of control, but the fact that some abuse programs doesn't mean the programs should be stripped away.

I would rather give the 80 year old granny 800/month for SS than for her to be in a shelter eating cat food.

My dad died when I was 11. My mom and I were supposed to get SS checks. She got a couple and then got a letter saying she had to repay the benefits as she "made too much money" when she didn't make that much but oh well. No big deal. I got the dame letter after I turned 16 and worked PT. Again I would rather work than take the freebie.

I am not saying everyone has the same morals but I would rather give a few $$ to someone abusing it than to have legit ones suffer. You just never know when something might happen to you!

 

I wish the liberals would give away their own money, and let me keep my own. Then, I could choose to give my money to someone I feel is deservin', or I could save it just in case somethin' were to happen to me, or I could put it toward my own retirement since I'm likely not gonna be able to collect social security, or I could pump it back into the economy by purchasin' the things I want...etc...etc...etc....

I know what to do with my money better than the government or a liberal.

 

RACIST!!!! You only feel that way NOW because Obama is black! You LOVED it when that GW Bush spent your money, dincha?











j/k

 

LMAO!!!! I don't even like it when my wife spends our money. (Don't let her know I said that!) lol

 

No, you are replacing the income their dead parent was earning. Like you said you never know what might happen to you. That's why you should be able to save. Not sent into a cycle of liberal spending in which you will never escape.



So we should all pay because she wasn't a good steward of her money? My grandparents paid about 5% out of their pay where as I pay closer to 30%. They tax everything including wanting to go back to 50% when granny dies?

 

Nanny state alert: http://www.breitbart.tv/michelle-oba...o-the-parents/

 

so much for the freedom to choose what you want to eat...

 

I don't hear her saying that you will go to jail if you give your kids a Happy Meal at home.

She is trying to promote schools to offer better choices for lunch. What is wrong with that?

I remember my school's lunches in middle school and high school consisted of pizza so greasy that you could soak a dozen napkins with oil from it. To go along with that was some nice greasy fries and cans of pop.

This kind of stuff is cheap to produce and thus schools push it out. Most healthy Americans don't eat that kind of crap everyday!

It is like when I was in grade school, they slashed budgets and for about 3 years we didn't have PE.

Parents have no control over what their kids eat at school unless they brown bag it. Then they still can buy the junk.

I am no supporter of Obummer as I think he has proven himself to be no different that GW but this is hardly a reason to slam the guy.

 

Do you honestly think most people really can save all that much? Most people are hand to mouth. I am not encouraging irresponsibility but the reality is that many people struggle to pay the mortgage and keep the utilities on. They had a study that people don't have enough for retirement. Aside from SS, the average person's savings would give them an income of about $190/month!



The tax rates today are the lowest in history in the US. Up until Reagan, the top tier was like 74%.

SS is a contract between generations. I am sure if you were a very astute investor people have proven they could possibly outperform SS's payouts but that is only if you make it to 65 or whatever the age is. If you get struck with a disabling problem early you or your family could be in big trouble.

As far as estate taxes, they don't kick in until you get into the millions. For most people it isn't an issue.

I will admit there is a part of me that thinks that those with big time assets should forgo their SS but they paid in so I guess they can take their share back.

 

I wish I could keep my money too! I don't want to fund a bunch of unethical wars but that isn't my place to call it.

I would much rather see my tax dollars go to help people at home who are unemployed and can't find work than to rebuild Iraq. We build things there they really don't want and on top of that the insurgents blow it up anyway. That's a good use for my money!