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ORIGINAL: lockedaway

Brilliant!!!!  See what I mean when I say Americans are stupid?  You elected a President that has helped RUIN you.  The next year will be a raw catastrophe and every leading economist says so.  And YOU...genius that you are....want to vote more liberal.

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ORIGINAL: imperatrixx

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ORIGINAL: lockedaway

Brilliant!!!!  See what I mean when I say Americans are stupid?  You elected a President that has helped RUIN you.  The next year will be a raw catastrophe and every leading economist says so.  And YOU...genius that you are....want to vote more liberal.

I think you missed the part where I said that I didn't vote for him.

Yes, I do think we should vote more liberal, because what we have now is outdated and decaying. The world is moving on - the corruption, lack of regulation, lack of social responsibility, and exponential divide between salaries of rich and poor is something found today in developing nations, not the first world. It's Mexico, not Canada.

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Well let me tell you something, bright girl, we aren't getting away from fossil fuel in YOUR LIFETIME.  Sure...invent this, tinker with that and it's all good.  But 50 years from now, oil, coal and natural gas will still be the fuels that are predominantly running this planet...unless we entirely gunk the planet up with nuclear.

50 years from now India and China will have far more need for oil than we should.

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Raising salaries for our teachers?  Our education system is ranked....what?  36th in the world?  Education in the U.S. is a fucking joke.  We don't teach math or science or civics, we teach that the Prince has Two Daddy's and that there are more genders in the world than simply male and female.  Oh yeah, baby, let's raise those salaries.  Let's tax more and raise those salaries.  Brilliant.  Oh...and I guess you would like for more principals and vice principals and super intendents and administrative assistants and assistants for those assistants to be hired too.  All with big fat pensions paid for by the tax payer.  Yeah...fucking brilliant.

No, mostly just teachers.

I think most people would agree that the quality of the nation's education has fallen within the past 50-60 years. Allow me to suggest one significant factor in this - the womens' movement.

50 years ago, women had very limited career opportunities. They could be teachers, secretaries, flight attendants, nurses, shopgirls, or work in factories...I'm sure there were a few more options, but that's about the gist of it.

So the most intelligent women in the workforce gravitated toward teaching and nursing, as the rest required less education and more opportunities for sexual harassment.

The world is different today - the most intelligent women now are bankers, lawyers, brokers, diplomats...teaching is a low paid, low status job, especially in poor neighborhoods. I mean, it's simple economics. In every graduating class, there will be the top 5% and the bottom 5%. The top 5% get the jobs in wealthy suburbs and private schools, and the bottom 5% get the public schools in poor districts.

So how on earth do you think that offering less salary and less benefits will entice brighter minds to take these jobs?

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ORIGINAL: defiantbadgirl

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ORIGINAL: lockedaway

Brilliant!!!!  See what I mean when I say Americans are stupid?  You elected a President that has helped RUIN you.  The next year will be a raw catastrophe and every leading economist says so.  And YOU...genius that you are....want to vote more liberal.

Obama is ruining the country? Did he hold a gun to the heads of Republicans in the Senate and House and force them to vote NO on the bills to create jobs and bring jobs back to the US? Blaming Obama for the actions of these Republicans shows your own lack of intelligence.

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ORIGINAL: defiantbadgirl
Republicans promised jobs, then voted NO on bills to create and bring back jobs. Republicans refused to keep their promise and then got mad when the Democrats tried to do it.

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ORIGINAL: lockedaway

What are the bills you are talking about and, if you would be so kind, cite them and tell us how they are going to bring jobs back.  You see, honey, you only create jobs in the private sector...got it?  If you create jobs in the public sector it requires 5 private sector jobs to support it.  Understand?  So when O'scumbag hires 16,000 new IRS agents to start auditing people making below $60,000.00, he had DAMN well better have found a way to create 80,000 private sector jobs to support his new IRS agents. 

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ORIGINAL: lockedaway

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ORIGINAL: juliaoceania

What is your opinion on the subject? What should we do?

HAHAHAHA!!!!  That's a real riot coming from you.  Hey...I'll tell you what you should do, ok, honey?  Next election, vote conservative.  That is first.  In the meantime, however, you had better build yourself a reserve of food (3 months at a minimum), if you don't own a firearm, you should get one and for each firearm you buy, have 1,000 rounds of ammunition.  Stay away from gold....it is a little topsy and so is silver for that matter but silver is still the better investment.  Those are a few things you can do.

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ORIGINAL: lockedaway

I'm sorry...but that is SUCH  a stupid post.  You know why the rich get richer?  Because they earn money, the don't get addicted to drugs, they don't impregnate women out of wedlock, the don't go to Atlantic City and gamble away the mortgage.  I am richer than I have ever been....but then....I'm older than I have ever been too.  Understand?  People tend to make more money the longer they are in the game.  I don't make money at YOUR expense.  Who does?  What rich person do you know that got rich because they held YOU PERSONALLY back. 

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It is a palpably stupid statement to say that the divide between the rich and poor keeps getting wider.  A rich man doesn't get rich by holding someone back.  He gets rich by being good at what he does....whatever that is.

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Are there fewer job opportunities for people in the socialist U.S. that you are craving so dearly?  Sure.  But why?  Don't you think it could be that we have driven our manufacturing and other corporations out of the country with punitive taxation?  Unions? Regulations?  High state taxes?  C'mon..give it your best thinking.  If you were going to start a manufacturing plant, would you do it where the taxes were excessive or in another place where the taxes are nominal. 

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It is clear to me that your kind of foolish, liberal, utopia premised thinking is a large contributing factor to why we are in this mess and why I can say without equivocation that there IS NO TURNING IT AROUND.

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ORIGINAL: defiantbadgirl
Here's a better one.
Republicans today stopped a vote that would end the tax breaks for corporations who outsource jobs to other countries. With the economy and jobs being the number one concern for Americans the Republican obstructionists in Congress continue to support Wall Street and piss on Main Street.

For several years, we the Tax payer have been giving tax breaks to corporations for shipping American jobs to other countries. The Democrats had proposed a Bill that would end that tax break and give a tax credit to those who create jobs here in the USA, but the Republicans said, “no”. Today the Republicans stand with outsourcing jobs to other countries. The Republican Party has voted against every jobs Bill since President Obama took office, and Tea Party Folk blame the democrats for the lack of jobs. Continue reading at NowPublic.com: Republicans vote to continue outsourcing jobs overseas | NowPublic News Coverage http://www.nowpublic.com/world/republicans-vote-continue-outsourcing-jobs-overseas#ixzz1OlDoYZkw

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ORIGINAL: lockedaway

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ORIGINAL: imperatrixx

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ORIGINAL: lockedaway
MUUAAAAAHAHAHAHAHAHAAHAHAHAHAA....there IS no turning it around.  Here is where the fun begins!!!!  The liberals wanted him?  Now they get to preside over a country that is racing into hell on greased skids!!! 

And you get to live there.

Congratulations. It's quite the victory.

Oh...it isn't my victory.  I'm just in a slightly better position to endure it than the morons that elected our asshole president.  That's all. :)  As soon as you heard that swine tell the "Joe the Plumber" guy that he was happy that "Joe" was making money but that he wanted to spread it around....well.....you should have known better.  Anyone that confiscates the rightfully earned wealth of another is a f**king thief and now the master thief the liberals have elected has stolen their future.

Let's look at a few facts, shall we?  He had incurred more debt than any president that has preceded him.  Our real estate values are dropping, on average, 1% per month (that is a free fall, btw), our debt is passing our GDP, our unemployment rate has not been this high or this sustained since the Great Depression, he has passed ENORMOUS tax legislation in the form of ObamaCare and next will be Cap and Trade if he has his way.

No babies....there IS no turning it around. 

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ORIGINAL: defiantbadgirl

If you want to solve the problem, vote Democrat. Republicans want to continue outsourcing so fat cat CEO's can continue to hoard more money than they will ever need.

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ORIGINAL: MrRodgers

All except for one thing...you, the poster and Jim Rodgers are all wrong. You are wrong on almost every count. The whole idea that anytime soon, say in the next 20 years, this country is in real serious danger and are predicting some sort of financial apocolypse...are wrong. If one reads, is objective...one can learn much and gain a unique perspective. Easy for Mr. Rodgers (no relation) to predict as others have with very general effects of 'greatest depression' and 'staggering' and the resulting 'disaster' without saying just exactly how beyond debt.

Let's take a closer look, shall we ? Obama has taken on so far approx. $2.8 trillion of two years worth of Keynesian policy much like his 3 repub predecessors. Most of the deficit in yr. 1 was $700 billion for TARP, submitted and signed by Bush. Bush's total additional debt was $4.8 trillion. So Obama has not yet become the biggest borrow. The largest contributions being huge tax cuts, then starting 2 wars and adding a huge drug benefit, Those number don't go away...they remain now for all presidents.

Real estate values are dropping because their rise was pure speculation and with the immense help Bush's low interest rates. Greenspan now conveniently says he was wrong about the tax cuts. Obama has had absolutely nothing whatever to do with real estate prices. Some areas are seeing home prices going back up.

Obama cut taxes for "Joe" who was a fraud and seized upon by the repubs to purely demagogue. Seems they've convinced you...but of what exactly, I don't know from your post.

Early 83 Reagan's approval rating had hit a low of 35% and as of Dec. 1983, 2 years into Reagan unemployment was 10.8% and trust me...it was worse than this. The prime rate was more than once 20% and by 9/84 was still 17%. Housing was as much a disaster or more so then now. Fewer foreclosures because there weren't the millions of fraudulent loans and of course, 10's of millions fewer homes.

Reagan passed an enormous cut in taxes twice and then had to raise taxes, even while uneployment was higher than now. It wasn't until election year that the economy came out of a worse recession than the recent one over all.

Briefly...if we are in such bad shape or purgatory is right around the corner...then answer these questions:

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Why is it that 10-year treasuries today...auctioned off at 2.95% ?

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Why did the dollar go up today vs almost all other currencies and all of the ones that really matter...like maybe 2 or 3 ?

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With federal debt at $14.2 trillion and GDP at $14.7, does that mean with say a $102,000 mortgage at around 3-3.5% and an income of say about $107,000/yr....I am in danger of foreclosure ? Hardly and when I am done soon, I will submit a separate post on why both parties are guilty one more than the other and why we have this chance over the next 20 years to pare our debt and go back to work. Just a chance but one if we do not take, then we are in real trouble say 40-50 years.

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I was merely pointing out that my statement that production has fallen and your statement that our GDP is high are not incompatible.

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Individual Americans aren't lining up to buy US T-Bills. Bill Gross, for example, the largest private buyer isn't buying any more. It's the FED that is buying them, that's the troubling part!

Furthermore, how is the FED going to unwind? You didn't answer this.

Also, what factually incorrect statements is Rogers asserting? Are you denying that the monetary base is increasing?

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ORIGINAL: defiantbadgirl

The economy isn't getting better because Republicans in the House and Senate don't want it to. They got elected by promising jobs, then became the party of no jobs when they voted against all the jobs bills.