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

[IrezumiKiss]

How do you know? Who gives a big rat's ass anyway?

bwahahahahahahahahahahaha

You don't take ball-busting very well, eh, my benighted jackwagon mountebank?

 

[busybody..]

bwahahahahahahahahahahaha

You don't take ball-busting very well, eh, my benighted jackwagon mountebank?

why does a NIGGER talk about teh economy?

 

[mercury14]

The Speaker of the House should call out Reid and school him in public on the Constitution, namely Article 1 Section 7, which states:

“All Bills for raising Revenue shall originate in the House of Representatives.”

Ask the President and the Majority Leader why they insist on violating their oath of office.

Reid took a House bill as his starting point. If you'd like, I can find the exact bill for you.

Or you can keep believing the same lying conservative crap.

 

[unregistered]

 

[mercury14]

Show me.

HR 3590, The Patient Protection and Affordable Care Act. Sponsored by Charlie Rangel with 40 Co-sponsors including a few Republicans.

Now it's your turn. I showed you a link to a House source document. Show me where you're getting your facts from now.

 

[mercury14]

HR 3590, The Patient Protection and Affordable Care Act. Sponsored by Charlie Rangel with 40 Co-sponsors including a few Republicans.

Now it's your turn. I showed you a link to a House source document. Show me where you're getting your facts from now.

*bump for Vette who is off posting in other threads, suddenly forgetting about this one*

 

[unregistered]

 

[mercury14]

That link is dead and how could it be attached to a bill that's already signed into law?

Show me where it says the Buffet Rule is attached to HR 3590.

Okay well my bad. Thought you were talking about the Affordable Care Act.

 

[unregistered]

 

[mercury14]

You gotta pay attention. Instead of worrying what threads I'm in.

Okay well there are ways the Senate can get around that rule. One is that they take whatever House Bill is laying around and modify it to say whatever they want. Some bill about cheese regulations becomes the Buffet Rule bill.

Or an existing tax law has some sort of modification filed on it.

 

[eyer]

Okay well there are ways the Senate can get around that rule.

Kinda like you always got a way around the foot you usually pull out of your butt to stick in your mouth...

 

[mercury14]

Kinda like you always got a way around the foot you usually pull out of your butt to stick in your mouth...

Talking about liberals' assholes? Vette, he's infringing on your copyright - go get him!

 

[unregistered]

 

[unregistered]

 

[mercury14]

But it didn't happen in this case and the House doesn't have to play along.

It didn't make it out of the Senate so I'm not sure why you're bothering to talk about the House playing along or not.

Hooray for the Republican Party ushering in an era of unprecedented filibuster abuse, eh? All I have to say is that paybacks are hell. Even if the GOP takes over the senate and Romney wins, don't plan on actually moving forward with any of their agenda.

 

[unregistered]

 

[Derpman]

derp?

derp me.

DERP!

 

[Sean Renaud]

It didn't make it out of the Senate so I'm not sure why you're bothering to talk about the House playing along or not.

Hooray for the Republican Party ushering in an era of unprecedented filibuster abuse, eh? All I have to say is that paybacks are hell. Even if the GOP takes over the senate and Romney wins, don't plan on actually moving forward with any of their agenda.

You have a lot more faith in Democrats than I do. I fear if the Republicans take over they'll pass whatever they want because Democrats lack the spine that Republicans have.

 

[eyer]

Bad, bad financial news, I'm afraid...

Fantasy Financial Accounting Will Not Work

First 3 paragraphs:

The incorrect belief that our financial system has passed its crisis continues.

No one, especially the Fed, knows how insolvent the banking system truly is. The magnitude of the problem has been deliberately hidden. Banks themselves probably don’t know the value of many assets on their balance sheets. They were ordered/allowed/instructed to keep assets valued at original costs rather than market values. This dictate/allowance was an attempt to hide the true condition of financial institutions. While valuations are grossly overstated, no one has any reasonable way to estimate by how much.

The Federal Reserve has taken many of these toxic assets off the books of banks and put them on their own balance sheet at original value. This action was taken to prevent a collapse of the banking system and reliquify the banks. Now the Federal Reserve’s balance sheet is also meaningless to the extent of these (and other) overvalued assets. Even the Fed doesn’t know how bad their balance sheet is overstated. Without markets, valuation is guesswork. The only thing for certain is that these losses were transferred away from private entities and will ultimately be borne by taxpayers.

http://www.economicnoise.com/wp-content/uploads/2012/04/apocaly004-300x224.jpg

Last 2:

The financial system has not been saved. It is a hollow shell waiting to collapse.

There has been no economic recovery and soon there will be the inevitable financial collapse that plunges the world into another Great Depression.

http://www.economicnoise.com/2012/04/16/fantasy-financial-accounting-will-not-work/

END
THE
FRIGGIN
FED​

 

[mercury14]

It was only begun as a publicity stunt anyway. Obama knew it would fail, knew it was a bullshit answer to his MONUMENTAL deficits all along.

Funny how when Dems pass a bill they know will fail it's a publicity stunt. But when Republicans pass the Ryan plan multiple times when they know it won't be taken up by the senate, much less passed in the senate, MUCH less signed by Obama, well that's just good legislating.

 

[mercury14]

Bad, bad financial news, I'm afraid...

Confusing some guy's personal internet blog for news again, huh?

 

[Ham Murabi]

Unemployment Number Is Lower -- So Why Are More Out of Workforce?

The numbers may not lie, but they can be used to mislead. While the headlines crowed that the unemployment rate continued its slow decline, falling to 8.2 percent in March, this number obscures the truth. Unemployment figures result from the growing number of adults not in the workforce -- now at an all-time high of 88 million, or greater than the population of Germany. The Bureau of Labor Statistics pegged the number of jobs created in March as 120,000. That's a slower pace than the one established over the first two months of the year and not enough to meet the demand for new jobs needed just by our growing population. While the number outside the workforce is swelled by those who have retired, are in college, or the like, it also includes more and more able-bodied adults who simply can't find work.

Those who separate themselves from the job market aren't counted against the unemployment rate. While it's true that some jobs are being created, the bottom is falling out of the market more quickly -- only 64 percent of adults are participating in the workforce, the lowest figure in 30 years. This sleight-of-hand is one reason why Rep. Duncan Hunter (R-CA) is sponsoring the REAL Unemployment Calculation Act, a bill that would change the reporting procedures to include disaffected workers. If that number were used, March unemployment would be 9.6 percent instead of the reported 8.2 percent.

Regardless of the reason, those who have a personal unemployment rate of 100 percent are truly hurting in this job market. With a weak European economy and high oil prices contributing to America's sluggish job creation -- not to mention the current occupant of the Oval Office -- a significant segment of the population may find themselves jobless for a long time to come.

 

[busybody..]

ADMISSION: Washington Post: We Tried To Bury That Story About ObamaCare Blowing Up The Deficit.“Washington Post columnist Patrick Pexton made a rather startling admission in the paper’s Sunday edition: The Post never meant for their recent story about how President Obama’s health care law expands the budget deficit to become a viral Internet sensation. In fact, they deliberately tried to bury the story.”

 

[4est_4est_Gump]

No, word games are things like your "1/6th of the economy" figure. Your game is to twist (lie) by saying that Obamacare is a government takeover of all healthcare spending. According to your lying crap, someone who gets health insurance from their employer like always somehow gets it taken over by Obamacare. These are the lies you're telling to make that buzzy 1/6th figure work.

What's the actual figure without your lies factored in? You're not even going to consider it, are you? You just WANT the 1/6th number to be true so bad, don't ya?

When people are mandated by the government to buy a product, insurance because they are a citizen, when the President states openly that his goal is to get everyone off employer health care and into pool insurance ruled by the iPAB, then yes, this is the beginning of a government takeover. When the government decides that free markets are to be replaced by markets strictly controlled by government, it is a takeover.

“I happen to be a proponent of a single payer universal health care program.” (applause) “I see no reason why the United States of America, the wealthiest country in the history of the world, spending 14 percent of its Gross National Product on health care cannot provide basic health insurance to everybody. And that’s what Jim is talking about when he says everybody in, nobody out. A single payer health care plan, a universal health care plan. And that’s what I’d like to see. But as all of you know, we may not get there immediately. Because first we have to take back the White House, we have to take back the Senate, and we have to take back the House.”
Obama speaking to the Illinois AFL-CIO, June 30, 2003.

President Obama has never been shy about his goals, but he knows he cannot get to them by honesty, so he has to lie and he has to take small steps towards his goal, and economically, it will become a disaster.

You have no grounds on which to call anyone a liar, you do it with an ease and a facility that is quite alarming. Perhaps we see a similarity in philosophy with you and the President.

Rep. Barney Frank, D-Mass., said he advised President Obama against taking up health care reform following a special election in 2010 that changed Democrats' fortunes in the Senate, saying that he should have instead turned his focus to financial reform.

Frank referenced former President Bill Clinton and his failed health care plan from the 1990s. “Obama made the same mistake Clinton made,” Frank said in a wide-ranging interview with New York magazine. “When you try to extend health care to people who don’t have it, people who have it and are on the whole satisfied with it get nervous.”

The outgoing representative from Massachusetts added that after Republican Scott Brown won former Sen. Edward M. Kennedy’s seat, breaking Democrats’ filibuster-proof majority, Obama should have backed down: “I think we paid a terrible price for health care. I would not have pushed it as hard. As a matter of fact, after Scott Brown won, I suggested going back. I would have started with financial reform but certainly not health care," Frank said.

http://www.nationaljournal.com/cong...a-made-mistake-with-health-care-push-20120416

 

[4est_4est_Gump]

When have you ever put aside your partisan goals?

My goals are economic goals because Economy and Liberty are identical twins.

I do not want the Federal government, regardless of who is in control to micromanage my decisions, loot me and return to me only hollow promises of the Utopia that they will create by use of minds such as yours.