What happened to all of the doom and gloom economic threads?

[JohnnySavage]

We need more buggy whips!

 

[unregistered]

 

[fair_warning]

Drilling is not the answer...

... teaching hamsters to shout "Row!"

Now you're talking!

 

[4est_4est_Gump]

We need more buggy whips!

So, I'm at a McDonalds on Highway 60 when these two lads pull up in their buggy and come in to order one hamburger...

 

[4est_4est_Gump]

Beat me to it. Then there are all those things that aren't happening, that ought to be happening.

If drilling is not the answer, why don't Saudi Arabia, Venezuela, Mexico, Brazil..., simply stop and erect windmills?


Breed more hamsters?

 

[JohnnySavage]

(Just to throw a wrench in the grumpy old men convention - Oil is used mostly for transportation, which benefits more from sails than windmills)

Carry on.

 

[4est_4est_Gump]

Transportation is over-rated.


Everyone should grow their own organic vittles. You can trade with your neighbor or rent a mule to go to market for salt and sugar...

 

[JohnnySavage]

Sometimes I just sit here and laffs and laffssssss

 

[JohnnySavage]

Transportation is over-rated.


Everyone should grow their own organic vittles. You can trade with your neighbor or rent a mule to go to market for salt and sugar...

I like pesticides on my vittles, thank you very much. Keeps bugs outta my innards.

 

[4est_4est_Gump]

I like pesticides on my vittles, thank you very much. Keeps bugs outta my innards.

Less protein for you Nostradamus!



I mean Newton...




Trebek?

 

[RobDownSouth]

14K posts full of chickenshit alts and right-fringers desperate for the country to fail under Liberal leadership. 14K.

And yet it A: hasn't failed, and B: will soon have Obama back for another four years, in no small part thanks to a totally inept Republican candidate pool, and right-fringers like the ones in this thread who have thoroughly turned off the thinking American public regarding their causes.

So...how's this workin' for ya?

The usual suspects (AJ,Vetteman,Right Field,et al) have celebrated every setback and downturn in America for over three years now. Unfortunately, the economy is not cooperating with their "Don't Re-nig 2012" scorched Earth campaign.

They're bitter old white men clinging to their guns, a rapidly shrinking demographic.

Did you see 74% of Hispanics and 90% of African-Americans (aka "coloreds" in Vette-speak and "Groids" in AJ-speak) are polling consistently for President Obama.

Bitter white men still poll 3:2 for Anyone-but-Obama, but that's just not enough to make up the deficit.

 

[unregistered]

 

[koalabear]

The Congressional Budget Office has extended its cost estimates for President Obama’s health care law out to 2022, taking in more years of full implementation, and showing that the bill is substantially more expensive — twice as much as the original $900 billion price tag.

In a largely overlooked segment of the CBO’s update to the budget outlook released Tuesday, the independent arm of Congress found that the bill will cost $1.76 trillion between now and 2022.

That only counts the cost of coverage, not implementation costs and other changes.

 

[Sean Renaud]

Hmmm, Obama's budget adds 3.5 trillion to the deficit, no big deal right?

Yeah. Without even pulling up the numbers I'm completely certain this is bullshit you pulled out of thin air.

 

[unregistered]

 

[unregistered]

 

[Sean Renaud]

Or I'm smart enough to call bullshit. Words do actually have meanings and the deficiet is something we deal with annually. In order to add 3.76 trillion to the deficiet, your words, he'd have to. . . I can't actually figure out how to spend that much money without just saying okay SCREW IT. We're gonna double the military give half to Rush Limbaugh half to Micheal Moore and the winner gets to be president in 2016!

Still it does increase the deficiet, interesting peice though.

 

[4est_4est_Gump]

That's because you always think you know what's happening, and you don't:

"In all, between 2013 and 2022, deficits would total $6.4 trillion (or 3.2 percent of total GDP projected for that period), $3.5 trillion more than the cumulative deficit in CBO's baseline."


Scroll down to the fourth bullet, son:

http://cbo.gov/publication/43083

But only because he didn't know how bad it really was, or that Iran and Israel might tangle...

... and the people obstructed his second round of stimulus by stupidly electing Republicans.

:nods:

 

[4est_4est_Gump]

The governor has proposed cutting $22 million from the park budget to help close the state’s budget deficit. The parks on the list would be shuttered by July 2012. The closure announcement has resulted in much weeping and gnashing of teeth, as this January statement from the California State Parks Foundation makes clear:

This cut goes too far and must be stopped. It is also a distraction from the fact that the state is in the process, right now, of walking away from 70 parks that it is responsible for stewarding and protecting for all Californians.

The foundation also slammed the governor for “going where no governor has gone before.”

The governor is threatening to inflict as much pain on Californians as possible so that they get behind his goal of raising taxes. His message: Everything is cut to the bone and if you don’t hike taxes, we’re closing your favorite parks and slashing other services.

But an encouraging thing is happening: Foundations, local governments, and private operators are stepping to the plate and coming up with ways to keep these parks open. That’s what happens with services that the public really wants—individuals will figure out ways to provide them once the government gets out of the way.

The California Department of Parks and Recreation “is looking seriously at finding people and groups to take over the operation—or at least the funding—of parks slated for closure,” reported the Modesto Bee recently. “The agency will hold workshops in five cities in four weeks to teach people how they might be able to swing an operating agreement for one of the 70 parks on the chopping block.”

Despite some hysteria, 10 parks have already been dropped from the closure list after local cities have taken them over, or after new parking fees and concession deals were announced. Wealthy donors saved one park in the Bay Area. An existing non-profit group, for instance, will keep the historic governor’s mansion in Sacramento open for tours. This is why budget cuts often are good news—they provide opportunities for creative solutions that evade the same old calls for tax hikes.

http://reason.com/archives/2012/03/16/how-budget-cutbacks-are-helping-californ

 

[RobDownSouth]

Gold prices slide

Gold prices took a big tumble this week since they slid below the 200-day moving average, triggering all sorts of programmed selling.

The slide is expected to intensify next week as the stock market hits a 4 year high and investors desert precious metals for stocks.


Noted "market timer" 4est_4est_Gump will be along shortly to brag that he sold his gold position at the top of the market last week.

He will subsequently deny in future weeks that he ever owned gold in the first place and has realized enormous gains investing in stocks.

 

[4est_4est_Gump]

Someone has just earned the stupid prize...




lol

 

[RobDownSouth]

Someone has just earned the stupid prize...lol

Indeed. Your "contraception is murder" comment in the other thread was world-class stupid...even for you.

 

[patrick1]

That's because you always think you know what's happening, and you don't:

"In all, between 2013 and 2022, deficits would total $6.4 trillion (or 3.2 percent of total GDP projected for that period), $3.5 trillion more than the cumulative deficit in CBO's baseline."


Scroll down to the fourth bullet, son:

http://cbo.gov/publication/43083

What is the point here? The fourth bullet point, as quoted, is just a summary of the overall effects 2013-2022. It's not especially alarming. Of course, adding the word son to an observation is always soothing and friendly.

What is the alternative policy to Obama's? The present policy over here in Europe is much greater stringency in the short term to reach debt as 3% of gdp sooner. Only now are more affluent countries like the Netherlands realising they don't want to meet this target, which suits an export-led economy like Germany's but not many others in Europe. It's very likely to lead to recession.

But I haven't yet seen a coherent policy from US Republicans that could achieve such debt cuts as Europe is aiming for. The cuts in public expenditure would have to be profound, and there would have to be big tax increases.

Earlier in the thread there seemed to be paeans to, and what some people obviously think of as witty jokes about, oil shale extraction. Yes the quantities are vast - potentially. But the economics of this are less well-developed than the economics of solar energy or wind. It's oil, but it's vastly more expensive to extract, greatly increases emissions locally, requires heating to extract, and needs vast, vast quantitities of water - I've yet to see a feasibility study that shows it's even plausible let alone profitable on any scale. I don't see why untried oil technology is being lauded over other forms of energy provision.

 

[unregistered]

 

[RobDownSouth]

15000 post analysis

15,000th post in this thread.

The Top 10 posters have 10,487 posts or 69.9% of all posts in this thread

Red=America Haters
Blue=Patriots

1. Frisco_Slug_Esq 1,850
2. vetteman 1,671
3. koalabear 1,489
4. mercury14 1,291
5. busybody 1,134
6. 4est_4est_Gump 1,068
7. Ulaven_Demorte 559
8. NeverEndingMe 558
9. richard_daily 478
10. IrezumiKiss 389

Top 6 America Haters have 7,212 posts, or 48% of ALL posts in the thread
Top 4 Patriots have 2, 717 posts, or 18% of ALL posts in the thread

Think the America Haters are trying to drown out the opposition here?