Lower Oil Prices Are a Free-Market Victory

[Busybody]

I've shown it several times in the past I'm not fucking doing it again because you just scream bullshit lies and ignore it anyhow.

in other words

you cant show it cause its NOT TRUE

(I never ignore ANY links, ever, I will call BS, cause it usually is)

 

[Busybody]

No shit...we have holy warz in the middle east to piss money on and get nothing out of.

Since when has raising taxes brought in less?

since economics

Even Obola believes that

 

[Que]

18 Trillion.

http://www.usdebtclock.org/

And even if it was 116....we can pay it off, cut spending, raise taxes, pay some bills.

Or we can do it GOP style, say fuck paying bills, give everyone the finger and throw a big ol' party.

No...look at the bottom of the page. We have these nifty debts called unfunded liabilities. Or were you planning on saying fuck you to grandma, grandpa, vets, the disabled?

If we sold everything every American owns...everything the government owns...everything every corporation owns... we are still 16 trillion dollars short.

That is the dollar amount you would have to pay TODAY to ensure the funds were available when it is time to pay for all of those liabilities.

 

[Adre]

This is not a mortgage.

It is a QUARTERLY growth report that ought to be reported at the QUARTERLY growth rate. It was reported as a QUARTERLY growth rate when the QUARTERLY growth rate was NEGATIVE 2 percent.


If an only if you wanted to give a feel for how we are doing PER ANNUM you would take the three QUARTERS so far add them up and divide by three then multiply by four to get your growth rate per annum for the year to date.

The second quarter only looked as good as it did because it was crawling back out of the trough of the first quarter.

We are up 2.75% or so for the year. You do not get credit for how far you have traveled if you first took a leap backward before you began.

So interest rates should be reported as annual, and growth rates as quarterly? And why is that, oh wise one.

 

[Busybody]

No...look at the bottom of the page. We have these nifty debts called unfunded liabilities. Or were you planning on saying fuck you to grandma, grandpa, vets, the disabled?

If we sold everything every American owns...everything the government owns...everything every corporation owns... we are still 16 trillion dollars short.

actually, since so much of the debt is owed to the FED and the FED is us, we can write that off

 

[Busybody]

since economics

Even Obola believes that

look at France

Florida

 

[Que]

So interest rates should be reported as annual, and growth rates as quarterly? And why is that, oh wise one.

Interest rates are expressed annually because of a little law called the truth in lending act that requires an APR be disclosed, including any relevant compounding.

It is paid monthly in arrears, with interest calculated on the entire balance on a monthly not quarterly or annual basis.

The calculation of APR is to give the consumer an understandable benchmark when shopping for financing.

Why do YOU think the -2% figure (worse than initially reported, by the way) was reported that way and the 1.25% figure was conflated to "5% per annum?"

 

[Que]

actually, since so much of the debt is owed to the FED and the FED is us, we can write that off

Oh sure. Write it off. Except the "us" that are retirees will want an actual check with their name on it, monthly please.

The small portion that are t-bills and the like can be, but that simply devalues the rest..

 

[Busybody]

Oh sure. Write it off. Except the "us" that are retirees will want an actual check with their name on it, monthly please.

The small portion that are t-bills and the like can be, but that simply devalues the rest..

the FED owns it....the trial balloon is FLOATED already

the rest?

can be Cyprused

 

[Adre]

Interest rates are expressed annually because of a little law called the truth in lending act that requires an APR be disclosed, including any relevant compounding.

It is paid monthly in arrears, with interest calculated on the entire balance on a monthly not quarterly or annual basis.

The calculation of APR is to give the consumer an understandable benchmark when shopping for financing.

Why do YOU think the -2% figure (worse than initially reported, by the way) was reported that way and the 1.25% figure was conflated to "5% per annum?"

The negative 2.1% was an annualized rate too, genius.

 

[BotanyBoy]

No...look at the bottom of the page. We have these nifty debts called unfunded liabilities. Or were you planning on saying fuck you to grandma, grandpa, vets, the disabled?

If we sold everything every American owns...everything the government owns...everything every corporation owns... we are still 16 trillion dollars short.

That is the dollar amount you would have to pay TODAY to ensure the funds were available when it is time to pay for all of those liabilities.

Yep fuck it....

16T is impossible....the debt is insurmountable and we just CAN'T raise taxes or cut spending.

I really wish we would just pick one thing and fucking do SOMETHING let the RW take it and just go full on theocratic WHACK job war monger asshole prison nation.

Or let the LW do it and watching it slowly degrade into a puddle of worthless mediocrity waiting to have it's ass kicked.

The gridlock pissing contest is old...the system is broken.

I really wish we could just give the south to the RW, so they can turn 1350 and the dark ages up to 11 down there. And the rest of us could be like middle Canada.

 

[Busybody]

Yep fuck it....

16T is impossible....the debt is insurmountable and we just CAN'T raise taxes or cut spending.

.

who says we CANT?

show me the LINK of BANKS and DEFENSE companies...I DARE YOU

 

[Que]

since economics

Even Obola believes that

I liked the way in that interview he acknowledged that it is known that raising nominal tax rates will not increase revenues (as if he knew that, I think he didn't) he says that it's true, but they should be raised in the interest of "fairness." even though he is basically admitting that the rich aren't going to pay the higher rate, so who is that fair for?

He doesn't give a shit about collecting taxes or not. He'd borrow 100% if necessary. He just wants a "them" to point to. And look at all the people that buy that shit.

 

[Busybody]

I liked the way in that interview he acknowledged that it is known that raising nominal tax rates will not increase revenues (as if he knew that, I think he didn't) he says that it's true, but they should be raised in the interest of "fairness." even though he is basically admitting that the rich aren't going to pay the higher rate, so who is that fair for?

He doesn't give a shit about collecting taxes or not. He'd borrow 100% if necessary. He just wants a "them" to point to. And look at all the people that buy that shit.

that's correct

he said that

IT WONT RAISE $, but its ONLY FAIR



Notice when he wanted to stimulate the economy he LOWERED taxes

 

[Busybody]

who says we CANT?

show me the LINK of BANKS and DEFENSE companies...I DARE YOU

Oh Booby Boi

Im still #waiting

 

[Que]

Yep fuck it....

16T is impossible....the debt is insurmountable and we just CAN'T raise taxes or cut spending.

I really wish we would just pick one thing and fucking do SOMETHING let the RW take it and just go full on theocratic WHACK job war monger asshole prison nation.

Or let the LW do it and watching it slowly degrade into a puddle of worthless mediocrity waiting to have it's ass kicked.

The gridlock pissing contest is old...the system is broken.

I really wish we could just give the south to the RW, so they can turn 1350 and the dark ages up to 11 down there. And the rest of us could be like middle Canada.

16 TRILLION is AFTER we have 100% depleted ALLLLLLLL assets. 116,000,000,000,000 is the liabilities 110,000,000,000,000 are the assets. After you have depleted all assets you have zero revnue to pay the 16,000,000,000,000 remaining.

Using all of our not-depleted assets we barely generate that a year.

If you earned 20,000 per year but owed 116,000 and had 110,000 in assets. how bleak is your existence? Oh, I forgot to mention. You are spending 28,000 per year.

 

[Adre]

The negative 2.1% was an annualized rate too, genius.

Query, Bueller, Query? Anyone home?

 

[Que]

Yep fuck it....

16T is impossible....the debt is insurmountable and we just CAN'T raise taxes or cut spending.

I really wish we would just pick one thing and fucking do SOMETHING let the RW take it and just go full on theocratic WHACK job war monger asshole prison nation.

Or let the LW do it and watching it slowly degrade into a puddle of worthless mediocrity waiting to have it's ass kicked.

The gridlock pissing contest is old...the system is broken.

I really wish we could just give the south to the RW, so they can turn 1350 and the dark ages up to 11 down there. And the rest of us could be like middle Canada.

And no, the analogy you are looking for is texas versus detroit which is what California will look like when their unfunded, off balance sheet liabilities come home to roost. Of course the feds will borrow and bail out Californias medical and pensions.

 

[BotanyBoy]

who says we CANT?

show me the LINK of BANKS and DEFENSE companies...I DARE YOU

RW says NO TAXING....Public everything evil socialism!

And I already did it several times, you blew it off then and you will blow it off now so you can take that dare and blow it out your ass.

I liked the way in that interview he acknowledged that it is known that raising nominal tax rates will not increase revenues (as if he knew that, I think he didn't) he says that it's true, but they should be raised in the interest of "fairness." even though he is basically admitting that the rich aren't going to pay the higher rate, so who is that fair for?

He doesn't give a shit about collecting taxes or not. He'd borrow 100% if necessary. He just wants a "them" to point to. And look at all the people that buy that shit.

Oh god if the richest people who have ever existed had to pinch a few more bucks off their bazzilionz it would just DESTROY the US and the time space continuum would just come unraveled wouldn't it?

 

[Busybody]

maybe we can sell all the COLOREDS to ISIS for cannon fodder

all problems and debt solved

GENIUS!

PURE GENIUS

 

[Que]

Query, Bueller, Query? Anyone home?

I don't think so.

It is possible


It says (forbes)

"The Bureau of Economic Analysis revised its Q1 GDP contraction estimate to -2.1%."

Doesn't say per annum.

Other places are saying "real" GDP whatever that means of -2.1%

It is possible.

Is so the real contraction was a .5%

 

[BotanyBoy]

And no, the analogy you are looking for is texas versus detroit which is what California will look like when their unfunded, off balance sheet liabilities come home to roost. Of course the feds will borrow and bail out Californias medical and pensions.

Well you know if we didn't have to prop up so much of the south in the first place it wouldn't be so fucked up.

And at the end of the day I doubt CA will ever look anything like Detroit....SF has more money than Texas.

 

[Busybody]

RW says NO TAXING....Public everything evil socialism!

And I already did it several times, you blew it off then and you will blow it off now so you can take that dare and blow it out your ass.

?

RW doesn't say that at all

and I will blow it off if its BS, as Im sure it is....and I never saw it

I DARE YOU TO LINK YOU

YOU WONT

1-You cant

2-It will NOT show what you say it will show

 

[Busybody]

Well you know if we didn't have to prop up so much of the south in the first place it wouldn't be so fucked up.

And at the end of the day I doubt CA will ever look anything like Detroit....SF has more money than Texas.

so did Paris and NY

till the super rich MOVED to a NON TAXABLE area

 

[BotanyBoy]

RW doesn't say that at all

and I will blow it off if its BS, as Im sure it is....and I never saw it

I DARE YOU TO LINK YOU

YOU WONT

1-You cant

2-It will NOT show what you say it will show

RW says that all the time....you turds would have this bitch a 3rd world theocratic shit hole 1399 western Europe style inside a year if left up to your own.

I told you to blow the dare out your ass....I've linked it before more than once.

You saw it, yous screamed bullshit, and then went on about your usual crazy....I'm not doing it again. Anything you don't agree with and not Limbaugh/FOX/Brietbart approved = bullshit to you.

I'm not going to bother trying to convince you the GOP is anything less than altruistic perfection on Earth because it's not possible.