Frisco_Slug_Esq
On Strike!
- Joined
- May 4, 2009
- Posts
- 45,618
I invested twice that in strippers.
Rookie.![]()
What's the ROI on a thing like that nowadays?
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I invested twice that in strippers.
Rookie.![]()
What's the ROI on a thing like that nowadays?
Jeffrey FolksDoes Obama really expect American energy companies to be out there hiring hundreds of thousands of workers when the President himself has placed the entire Gulf of Mexico under a deep-water drilling ban? Does the President believe that health insurance companies will be expanding their operations when Kathleen Sebelius, Secretary of Health and Human Services, is out there bashing them for rate increases and demanding that they operate at a loss? Does he think that the financial reform bill recently put into effect is going to increase the number of jobs in the financial sector when it specifically strips the major banks of some of their most lucrative profit opportunities?
Month after month now, the Bureau of Labor Statistics has reported weak job numbers -- numbers that U.S. News & World Report has now begun to call "bogus." And yet even as the job market has weakened, the President has pressed ahead with his destructive program of regulation, nationalization, and increased taxation. His top economic advisers, Larry Summers and Christina Romer among them, have begun to abandon the sinking ship. Presumably none of them really want to take the fall for an economy that has gone nowhere but down in two years and that shows no sign of a strong recovery.
Soon it will be Mr. Obama, sitting alone in the Oval Office, dreaming up more schemes for regulation and taxation. Looking out the window across the White House lawn, it might appear that little has changed. But tens of millions of Americans are now without work, a fact that the President apparently fails to recognize. He presses on with environmental regulation, restrictions on business and industry, and huge tax increases on small businesses and on investors. The First Lady flies off on extravagant resort vacations, with her retinue of sixty, while the President spends week after week golfing or exercising his tongue before friendly college audiences.
Meanwhile over 17% of Americans are unemployed or underemployed, and that figure increases every month. What is the President going to do about it? Raising taxes on "the rich," as he plans to do in January, will only make matters worse. Higher taxes on capital gains and dividends will simply drain capital from the private sector. Death taxes will force tens of thousands of small businesses to close up shop. A continuation of high corporate tax rates, the second-highest among developing nations, will only keep American businesses at a disadvantage to foreign competitors. Increased regulation on the part of the EPA, the FTC, the FCC, the Justice Department, and other government agencies simply puts more pressure on American companies. And the president's solution to these problems of taxation and regulation? More taxation and more regulation.
For American workers, the disheartening September employment jobs report and those that preceded it are more than enough reason to vote the Democrats out in November. But even if Republicans gain control of both houses of Congress, we will still have a very irresponsible president in the White House. Are his ruinous economic policies a justification for impeachment? That is a question that the American public needs to start asking itself.
I wonder, do we stop bashing Bush now that he's polling WITH Obama?
They all lie to you.
You did not know this?
Rookie.![]()
Zhang XiaomaoChina has firm reasons for being proud of its economic achievements. Last year, China passed Germany as the world's number-one exporter. This year, China overtook Japan as the world's second-biggest economy and has the largest foreign exchange reserves (worth 2.5 trillion dollars) in the world. However, China's economic good fortune seems to be coming to an end.
China's exports are slumping; its domestic consumption continues to flounder. The problem is an ever-increasing gap between the rich and the poor in China caused by a highly centralized system of power.
China's state-controlled economic development is obviously a bottleneck to further fiscal advancement; working on political reform is a must. Apparently, some of China's top leaders, who are all members of the Communist Party, have been well aware of the seriousness of the situation. These leaders, however, either as Marxists or as practical rulers, have all clearly known the close connection between political reform and economic development.
Here we go again. When Republicans do it, it's an O'Donnell hunt.
When Democrats do it, it's *shoulder shrug* they all do it, what can you do about it?
*Atlas Shrug*
I thought that was the game.
We get something new to bitch about every week here. The First Lady's shoes. Then her garden. Obama going to a soccer game. Or not.
The wolf crying has numbed the masses.
From a historical angle, present-day China's economic achievements repeat part of an old pattern. Fathers captured power by force, and sons firmed the power through economic growth; then grandsons or great-and-so-on grandsons lost it through lack of wisdom, cowardice, and incapacity. The alternation of political power with hereditary properties was supposedly ended when the Communist Party of China seized power in the 1940s. But the traditional political structure and attitude have not been abandoned.
Yeah...
I do a lot of that...
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Of course, with Bush as President, you were doing none of that...
Sorry. It is easy to get the two of you confused. He usesYou have me confused with busybody.
Aside from comic relief, I've stuck to the issues...
One issue is how focused Michelle seems to be on wealth and status while (badly) trying to pretend to be in touch with "the little people."
China's industrial might is packing machine made stuff into cartons and instruction manuals into plastic sleeves.
The last time China had a brawl with anyone (Vietnam 1979) it got its ass kicked.
China's industrial might is packing machine made stuff into cartons and instruction manuals into plastic sleeves.
The last time China had a brawl with anyone (Vietnam 1979) it got its ass kicked.
And what politician is not out of touch with the people?
Well, if they are so much in touch...
How did they recreate the Bush hate in such a short period of time?
Spanish nights? Gilded tennis shoes? Lavish parties? Stars?
It took the first couple, what? 20 months to rehabilitate Bush in the polls?
Interesting article in the WSJ about how anti-free trade sentiment seems to be bipartisan these days.
Vietnam has a history of that, but then, so too does Burma/Myanmar...
The ruling class will fall for Smoot-Hawley every time...
You read Friedman's "Next 100 Years" too, I see.Japan is the suspect to keep an eye on. Soon enough theyll get their shit together and bitch-slap North Korea, then China.
Here's the players for World War 3: US vs Japan & Mexico....maybe Turkey.