The Obama Recession! (Full Version)

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pahunkboy -> The Obama Recession! (11/9/2008 6:07:39 PM)

http://www.huffingtonpost.com/2008/11/09/right-wing-media-quickly_n_142440.html

how many bail outs has there been in 2008?

just what we need to ; to be the attack dog for the state of Israel.

Obama  is phony.   Change means bail outs.   Jim asked me how much money "we" get over the bail out.

it is all about the globalists.  not the nation state.




MidMichCowboy -> RE: The Obama Recession! (11/9/2008 6:11:41 PM)

Before we can worry about The Obama Recession, we have to get through the depression caused by Bush, McCain and the Conservatives.




thishereboi -> RE: The Obama Recession! (11/9/2008 6:17:18 PM)

You forgot Clinton...he would be much farther up on the list than McCain, at least from where I am looking.




MasterG2kTR -> RE: The Obama Recession! (11/9/2008 6:22:31 PM)

As I recall, Clinton left Bush with a healthy budget surplus, which then GW saw fit to quickly piss away.




pahunkboy -> RE: The Obama Recession! (11/9/2008 6:27:28 PM)

quote:

ORIGINAL: MasterG2kTR

As I recall, Clinton left Bush with a healthy budget surplus, which then GW saw fit to quickly piss away.


That is true. I liked and voted for Bill.

In hindsight tho - Ross Perot was the man that should have won.




sharainks -> RE: The Obama Recession! (11/9/2008 6:27:35 PM)

That was exactly my recollection too Master G2. 




popeye1250 -> RE: The Obama Recession! (11/9/2008 6:43:52 PM)

quote:

ORIGINAL: pahunkboy

quote:

ORIGINAL: MasterG2kTR

As I recall, Clinton left Bush with a healthy budget surplus, which then GW saw fit to quickly piss away.


That is true. I liked and voted for Bill.

In hindsight tho - Ross Perot was the man that should have won.



PaHunk, we agree again.
And, I really do hope that Obama gets us out of this reccession that we're in.
One of the first things he should do away with is "NAFTA" and all that "free-trade" B.S. that's just "outsourcing."




pahunkboy -> RE: The Obama Recession! (11/9/2008 6:52:07 PM)

quote:

ORIGINAL: popeye1250

quote:

ORIGINAL: pahunkboy

quote:

ORIGINAL: MasterG2kTR

As I recall, Clinton left Bush with a healthy budget surplus, which then GW saw fit to quickly piss away.


That is true. I liked and voted for Bill.

In hindsight tho - Ross Perot was the man that should have won.



PaHunk, we agree again.
And, I really do hope that Obama gets us out of this reccession that we're in.
One of the first things he should do away with is "NAFTA" and all that "free-trade" B.S. that's just "outsourcing."



You might enjoy this video, 

http://www.larouchepac.org/news/2008/09/17/lpactv-lyndon-larouche-holds-emergency-conference-larouche-y.html

the first few minutes - there is one word that is imperative.    "hyper-inflation"   note the date of it September 18th,  oddly mining stocks went up.

as he said in a diff video.  "If you want to get people up on their hind legs, tell them they have no food for tommorrow" "they will KILL for food"/
quite compelling----------




GoddessDustyGold -> RE: The Obama Recession! (11/9/2008 6:55:43 PM)

~FR~ 
It may be your recollection, but it is not true.  Numbers are numbers and the National debt increased every year under Clinton.  Fancy Accounting and some creative ways to put information forward to an eager and hopeful public works every time!
 
quote:





Fiscal
Year
Year
Ending
National Debt
Deficit

FY1993 
09/30/1993 
$4.411488 trillion


FY1994 
09/30/1994 
$4.692749 trillion 
$281.26 billion

FY1995 
09/29/1995 
$4.973982 trillion 
$281.23 billion

FY1996 
09/30/1996 
$5.224810 trillion 
$250.83 billion

FY1997 
09/30/1997 
$5.413146 trillion 
$188.34 billion

FY1998 
09/30/1998 
$5.526193 trillion 
$113.05 billion

FY1999 
09/30/1999 
$5.656270 trillion 
$130.08 billion

FY2000 
09/29/2000 
$5.674178 trillion 
$17.91 billion

FY2001 
09/28/2001 
$5.807463 trillion 
$133.29 billion 


http://www.craigsteiner.us/articles/16




corysub -> RE: The Obama Recession! (11/9/2008 6:58:20 PM)

quote:

ORIGINAL: MasterG2kTR

As I recall, Clinton left Bush with a healthy budget surplus, which then GW saw fit to quickly piss away.


Clinton left Bush with implanted terror cells training for years in the US....people that took down the Towers and hit the Pentagon, and brought terrorism to the U.S.A.  That horrible event took a trillion dollars out of our economy, and plunged us into a military action to defeat Afganistan's Taliban Government, and than Sadaam, a guy, you might remember, ignored over a dozen ...I actually think Sadaam thought he had WMD's.

George Bush made a lot of mistakes in Iraq....leaving poor generals on the line....until Petraeus.  Now you don't hear about Iraq on CNN or MSNBC  who raced each other to postthe  number of Americans killed daily...you don't hear about it because the American military has a strategy that is working.  That cost money...and heistory will judge if Bush did what he had to do as President.

As far as the Bush "depression"...there is more than enough blame to go around.  It was during the Clinton administration that young Cuomo, under pressure..or lets say "guidance' from the black caucus lessened the lending restrictions imposed on FannieMae and FreddieMac... It was Barney Frank who pushed the banks to make mortgages available to people disregarding their income and ability to pay.  It was, in fact, Barack Obama, as attorney for ACORN that took banks into litigation on charges of "red lining" black areas.  It all fed into the debacle we have today....notwitstanding warnings from John McCain, actually, in 2005 that the GSE's were in trouble.
Don't just offer the democrat talking points...do some homework on the mortgage crisis and its origins.




MasterG2kTR -> RE: The Obama Recession! (11/9/2008 7:03:11 PM)

The statement was having a BUDGET surplus....that had nothing to do with national debt. But since you bring it up, having a budget surplus is one of the first steps to reducing debt. The bigger part of that equation is creating BALANCED trade. NAFTA, CAFTA, and any other free trade agreement we currently have, has totally trashed any hope of doing that.




Naga -> RE: The Obama Recession! (11/9/2008 7:13:17 PM)

There was not even a budget surplus. If you don't pay your bills one month, is that a budget surplus? I mean, you have more money in our account right?

That is all Clinton did... while causing the tech bubble and setting up the mortgage issues. The only way you can say there was a surplus is to use accounting practices that would be illegal if you were presenting them to stock holders of a company.

The surplus was a fiction and an attempt to take credit for what better men did before him.




GoddessDustyGold -> RE: The Obama Recession! (11/9/2008 7:16:02 PM)

I understand from whence you are coming.  But it is a false claim.  All we are saying is that more money came in than was spent.  (And I really don't believe that at all!)  Or, in the case of what is truly happening in this country, less money needed to be borrowed from the Federal Reserve because more money was coming during that dot com economic boom.  
All revenues collected are immediately spent to pay the interest on the national debt.  We then borrow more to fund the country. 
So I would ask how anyone can have a budget surplus if they are in debt? Was it in the USA savings account at the corner bank or something?  Just wondering... 
If I spent every dime I made each month paying against my credit cards and then taking more cash advances in order to meet my regular monthly bills and take that fancy vacation I think I deserve, I would not be held up as a fine example of fiscal responsibility, would I?




celticlord2112 -> RE: The Obama Recession! (11/9/2008 8:18:29 PM)

quote:

ORIGINAL: MidMichCowboy

Before we can worry about The Obama Recession, we have to get through the depression caused by Bush, McCain and the Conservatives.

  1. We are not in a depression, nor are we in anything close to a depression.
  2. No President, regardless of party affiliation, causes a recession, or a depression.  Their actions can and generally do exacerbate existing economic problems, but the power of politicians to alter the economic cycle is vastly overstated on both sides of the aisle (as well as both sides of the issue).
  3. Both parties of Congress supported, voted for, and moved forward the government irresponsibilities that exacerbated the bursting of the housing bubble.  Add Pelosi, Reid, Dodd, Frank to your list of malefactors and your statement begins to be credible.




FatDomDaddy -> RE: The Obama Recession! (11/9/2008 9:04:12 PM)

quote:

ORIGINAL: MasterG2kTR

As I recall, Clinton left Bush with a healthy budget surplus, which then GW saw fit to quickly piss away.


Not to mention a terrorist plot to blow up numerous buildings throughout the country.




FatDomDaddy -> RE: The Obama Recession! (11/9/2008 9:06:09 PM)

quote:

ORIGINAL: pahunkboy

http://www.huffingtonpost.com/2008/11/09/right-wing-media-quickly_n_142440.html

how many bail outs has there been in 2008?

just what we need to ; to be the attack dog for the state of Israel.

Obama  is phony.   Change means bail outs.   Jim asked me how much money "we" get over the bail out.

it is all about the globalists.  not the nation state.



Be careful, you'll be called a racist and a hate monger... and.... dare I say....TROLL (shudders)




SilverMark -> RE: The Obama Recession! (11/10/2008 4:55:35 AM)

hmmmm....Here we go again....revvisionist history.....
Clinton left these terrorist cells? and of course that caused Bush's 8 years of very little aside from an uncalled for war, and a deficit our Great Grandchildren might finally get paid? There was no surplus when Clinton left office?
The budget wasn't balanced...it was all congress's fault not Bush? Better yet it was all the younger Mr. Cuomo's fault that the mortgage crisis hit?
and that isn't a Lyndon Larouche Video is it? I really would rather do anything but hear from his group....
I take it back Pahunk, you are becoming a conspiracy theorist!


fddurfp






corysub -> RE: The Obama Recession! (11/10/2008 5:23:59 AM)

Revisionist history?   How is it "revisionist" to state facts that, for example, the terror cell that took down the Towers where training in the U.S. during Clinton's watch?  How is it revisionist to state facts, for example, that it was the democrat liberal Congress that enacted rules putting walls between intelligence agencies not allowing them to share intel as they do post 9/11?  How is it "revisionist" to deny the Congressional Record during the 1990's with Wrangle and Frank pushing for less restrictive lending policies by the GSE's to allow minority ownership of homes, nothwithstanding an inability to repay?  How is it "revisionist" to deny that it was, in fact, "young Cuomo" who pushed through these easy going rules when head of housing in the Clinton era to a more than receptive FannieMae and FreddieMac and allowed the head of FNM,and Obama supporter, to make $90 million in income in six years!??
No....not revisionist history..but a lack of knowlede of, or denial of history on the part of people who see everything through the dark colored prism of ideology.  Thanks to Al Gore for the internet we now have services like Google that can help those who want to really educate themselves rather than having to resort to slogans and accusation to try to make a point.




LadyEllen -> RE: The Obama Recession! (11/10/2008 5:49:21 AM)

quote:

ORIGINAL: pahunkboy

http://www.huffingtonpost.com/2008/11/09/right-wing-media-quickly_n_142440.html

how many bail outs has there been in 2008?

just what we need to ; to be the attack dog for the state of Israel.

Obama  is phony.   Change means bail outs.   Jim asked me how much money "we" get over the bail out.

it is all about the globalists.  not the nation state.



No one should expect that Obama, even with four years, can truly turn things around by way of his office or his ideas. This is the reality of things in a world where so much is beyond the control, even the influence of the President of the USA, the most powerful person on the planet so its believed.

But what you have here is a man who can provide the hope and inspiration that will be sorely needed for the next four years, for everyone to play their part in putting things back together.

Its not going to be easy - it wouldnt have been any different whoever had been elected, but with his rivals it would be much worse; fear and despondency are the greatest obstacles that face the US and the west in general, and this man I believe can make us all believe in the destination even if we disagree on the route, whereas his rivals would have done nothing to lift spirits through such times.

On bailouts - yes it stinks, but what is the alternative? If we let our banking system collapse as our system would normally demand, it takes down with it everything we need to survive - even the ammunition factories if one believes in a doomsday scenario whereby that is one's intended means of survival. If we let key industries that employ thousands go down, the ripple effect takes out thousands more jobs. Overall, not bailing out is a worse alternative than bailing out - but its vital that those entities that get taxpayer support are then compelled to act in the national interest at least as equally as the bail outs represent.

The primary change on foreign policy I believe will be quite a substantial one - the mere idea of talking to those named as enemies represents a shift, the idea of reaching diplomatic solutions rather than issuing threats and ultimata is a radical one given more recent experience, the idea of working with friendly nations rather than making statements of with us or against us is a new way of thinking compared to previously. This may not work - but it is a far better alternative than the previous policy for a whole range of reasons, and ultimately it doesnt mean that force wont be used where its necessary even so, albeit I feel that Obama will not be so quick to choose such an option as his predecessor proved, and for more reasons than lack of funds.

The globalist agenda is here and isnt going to go away, but I believe that a man like Obama is not going to be the lapdog of big business nor subject to the same extent to commercial influences as the current incumbent. I believe Obama understands that the US needs to rebuild its manufacturing base and to produce conditions that incentivise employment and investment at home rather than abroad. I believe he understands from all manner of points of view why this is important - the social aspect being important in that too. The house of cards on which we have lived for a decade is crumbling, built as it was on nothing - anyone can understand that we now need the foundation we so readily signed away. One shouldnt expect isolationism, because that wont work either - but one can expect I think a new understanding of what it means to be in a global business environment and how that affects the nation state and more especially its people and its wealth.

E




celticlord2112 -> RE: The Obama Recession! (11/10/2008 5:55:06 AM)

quote:

But what you have here is a man who can provide the hope and inspiration that will be sorely needed for the next four years, for everyone to play their part in putting things back together.


What, pray tell, is "my part"?

I own a business.  I pay my bills.  Grudgingly, I pay my taxes.  I take care of my household.

I do this because this is the life I desire--I need no "hope and inspiration" from anyone, least of all a damned politician (redundant, I know).

What, pray tell, am I to be "inspired" to do that I already do not do?




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