Hyper Inflation

[Danzig]

Originally Posted by Cannon Shell

The thought that tax cuts will lead to future deficits is the same thinking that racetrack execs make when raising takeout. You may want to reconsider that theory. I do think it is ironic that the liberals here (not you) who are so opposed to tax cuts are also so opposed to raising takeout though in effect that produces the same results as eliminating tax cuts or raising taxes.

i don't know if it leads to a larger deficit or not-i'm no economist. but i do know that deficit spending is not the way to go, and i would gladly give up 10$ a week rather than have the budget go even more out of whack than it already is. it won't make me spend more money-which is what a stimulus is supposed to do. i think it's a real waste to have congress work their butts off(hehe) if that's all i can get out of it. i'd be better off cutting my hbo/stars/cinemax/showtime channels each month from dish!

[Danzig]

[quote=timmgirvan]

Originally Posted by Danzig

i just read that the tax 'cut' that is part of the stimulus package will result in a whopping $8 to $15 more a week to a couple. oh, WOW! so glad we're ballooning our deficit so i can have enough money to buy lunch one day a week.
this is why i said i didn't want to see a tax cut-it's not enough to affect any one persons day to day existence, but it sure can add to the debt that will affect future investment in this country.[/QUOTE

I told you so!

you did?

[timmgirvan]

[quote=Danzig]

Originally Posted by timmgirvan

you did?

In a manner of speaking....yes. In less than a month, there's no change and even less hope! But I'm not happy about it,either!

[AeWingnut]

Originally Posted by Danzig

i don't know if it leads to a larger deficit or not-i'm no economist. but i do know that deficit spending is not the way to go, and i would gladly give up 10$ a week rather than have the budget go even more out of whack than it already is. it won't make me spend more money-which is what a stimulus is supposed to do. i think it's a real waste to have congress work their butts off(hehe) if that's all i can get out of it. i'd be better off cutting my hbo/stars/cinemax/showtime channels each month from dish!

so all this money is going to a bunch of unproductive parasite people/ bureaucracies and to pacify the tax payer they don't steal $10 more a week.


Brilliant

[Smooth Operator]

Heard high-pitch Hannity say that it's now the 'Obama recession' on his radio show this afternoon. LOL ... uh, nice try Sean, but your boys George and Dick ... who you sooooooo enthusiastically supported back in 2000 ... are still the primary owners of this mess.



Just hilarious watching the pubs scramble around now. Bush literally brought this poor party to it's knees. Probably set them back a dozen years or so...

[GBBob]

Originally Posted by Smooth Operator

Heard high-pitch Hannity say that it's now the 'Obama recession' on his radio show this afternoon. LOL ... uh, nice try Sean, but your boys George and Dick ... who you sooooooo enthusiastically supported back in 2000 ... are still the primary owners of this mess.



Just hilarious watching the pubs scramble around now. Bush literally brought this poor party to it's knees. Probably set them back a dozen years or so...

You keep posting like this and I might actually cheer for 'SC next year....maybe

[Smooth Operator]

Never too late to hop on that Trojan bandwagon, GBBob.

[hi_im_god]

getting back to the original subject...

inflation? really?

i guess i understand the concept (thanks chuck).

it's a product of a growing economy, right?

i'd love if someone can dig up this post in 3-4 years and throw it in my face. seriously.

i'd like to be wrong.

[Cannon Shell]

Originally Posted by hi_im_god

getting back to the original subject...

inflation? really?

i guess i understand the concept (thanks chuck).

it's a product of a growing economy, right?

i'd love if someone can dig up this post in 3-4 years and throw it in my face. seriously.

i'd like to be wrong.

There was an interesting article in the WSJ (big boy paper) about how Japans economy is slumping terribly (though much of this was self inflicted and has been going on for a number of years) and how that will severely negatively effect the Chinese who are their largest trade partner. This matters to us because Japan and China are by far the two largest US bond purchasers. Since our new govt has chosen to spend massive amounts of money (which will be theoretically funded by the floating of bonds) and our biggest customers look like they will not be in the market for them, they will have to instead print more money. Which as we learned before.....

[Cannon Shell]

This is a very good piece on the topic of political involvement and the economy. It is a balanced article so you lefties wont burst out into flames when you open the link.

http://online.wsj.com/article/SB1234...:c0.0235982:b0

There is a big write up on pbs.org on
the whole thing. They have interviews
with all the big players.

Frontline in depth sort of.
But of course PBS is a commy organization.
NOVA is so commy pink its almost lavender.

Thanks to God for the heads up on the show.

[dellinger63]

Originally Posted by Smooth Operator

Heard high-pitch Hannity say that it's now the 'Obama recession' on his radio show this afternoon. LOL ... uh, nice try Sean, but your boys George and Dick ... who you sooooooo enthusiastically supported back in 2000 ... are still the primary owners of this mess.



Just hilarious watching the pubs scramble around now. Bush literally brought this poor party to it's knees. Probably set them back a dozen years or so...

They are? From 2004....... Listen closely to Barney Frank

http://www.youtube.com/watch?v=_MGT_cSi7Rs

[Smooth Operator]

I'm sure it's a fascinating clip, dellinger63. Too bad I can't access it here.




Oh my, will ya look at that ... about 5 million getting unemployment benefits now.



And the Bush-Cheney economic carnage goes on and on...........

[Smooth Operator]

I see Bubba's been taking Bush behind the wood shed in that abcnews.com article.


Yeah, this is what can happen to an economy when you put an overmatched empty suit like Bush in the White House.




Did my best to get Bubba back in the big house so that he could clean up the Bush-Cheney economic carnage.



Good luck Obama ... if you're smart, you'll seek Bubba's sound advice on a regular basis...

[timmgirvan]

Originally Posted by Smooth Operator

I see Bubba's been taking Bush behind the wood shed in that abcnews.com article.


Yeah, this is what can happen to an economy when you put an overmatched empty suit like Bush in the White House.




Did my best to get Bubba back in the big house so that he could clean up the Bush-Cheney economic carnage.



Good luck Obama ... if you're smart, you'll seek Bubba's sound advice on a regular basis...

Bubbas sound advice....you're kidding right?? Not even you being an SC fan could get me to agree with you on that!

[Cannon Shell]

People who root for USC are morally bankrupt and should be deported to either France or Poland.

[timmgirvan]

Originally Posted by Cannon Shell

People who root for USC are morally bankrupt and should be deported to either France or Poland.

HEAH....I don't see a on the end of that sentence!

[Danzig]

Originally Posted by timmgirvan

HEAH....I don't see a on the end of that sentence!

and there shouldn't be!!

[Smooth Operator]

Shame we couldn't keep Bubba in there for another eight, timm.

A LOT of people would've been spared from the misery of this Bush-Cheney-Cox economic train wreck.





And Cannon Shell ... you'll never guess where this season's national championship game is being held.

[Antitrust32]

Originally Posted by Smooth Operator

Shame we couldn't keep Bubba in there for another eight, timm.

A LOT of people would've been spared from the misery of this Bush-Cheney-Cox economic train wreck.





And Cannon Shell ... you'll never guess where this season's national championship game is being held.

LOL

I think its funny that people think one guy (Bush) could singlehandedly (sp?) cause these problems. Thats one POWERFUL dummy (as everyone likes to call Bush).

Congress (controlled by the DEMS for Bushs' last two years) doesnt seem to get any of the blame.... but blaming dems for anything is against the law.

Its interesting how the economy did SO well for the 6 years with Bush and the Republican congress... then the Dems take control and the whole world falls flat on its face.

Obama was supposed to be some magic quick fix... and this past month may have been the worst since the recession began (not that I actually think ANYONE could have turned it around in a month... but still, Obama didnt do it)

Bush deserves some blame... but he is a very small part of this mess. Clinton is as much to blame. So is Greenspan, Madoff, and a lot of Republicans and Democrats alike.

THE CITIZENS OF THE UNITED STATES OF AMERICA who's irresponsibility caused this... should be the ones people blame the most.



interesting article : http://www.time.com/time/specials/pa...877350,00.html

you have to click "next" to see the other 24 on the list.