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qman
Stranger

Registered: 12/06/06
Posts: 34,927
Last seen: 9 hours, 19 minutes
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Re: Is Obama to blame ? [Re: Citizen X]
#19961396 - 05/08/14 10:37 PM (9 years, 8 months ago) |
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Quote:
Citizen X said: Obama is the biggest spender to date and cut spending faster than anyone else has in 50 years. Amazing!
"cut spending faster than anyone else has in 50 years."
Link?
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Falcon91Wolvrn03
Stranger



Registered: 03/16/05
Posts: 32,557
Loc: California, US
Last seen: 4 months, 20 days
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Re: Is Obama to blame ? [Re: qman]
#19961436 - 05/08/14 10:50 PM (9 years, 8 months ago) |
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Maybe this helps show how the deficit is going down?
 factcheck.org
-------------------- I am in a minority on the shroomery, as I frequently defend the opposing side when they have a point about something or when my side make believes something about them. I also attack my side if I think they're wrong. People here get very confused by that and think it means I prefer the other side.
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sonamdrukpa
Wayfarer


Registered: 10/18/11
Posts: 2,777
Last seen: 2 months, 6 days
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Quote:
Dick Cheney said: Reagan proved deficits don't matter.
They actually don't matter - or rather, it's more complicated than that. A government is neither a household nor a business.
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qman
Stranger

Registered: 12/06/06
Posts: 34,927
Last seen: 9 hours, 19 minutes
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Quote:
Falcon91Wolvrn03 said: Maybe this helps show how the deficit is going down?
 factcheck.org
I'm well aware of the deficit numbers, what I was challenging was the long list of claims he made without any proof.
I really don't understand why people cheer-lead these horrible numbers, too support one's political party?
It doesn't matter what political party is in office, the forces that created these factors are complex and happen years before they manifested themselves in the real economy.
We had the biggest financial collapse in 80 years in 2008, we had a huge federal deficit as a result, and now we have people telling us how much Obama has cut the deficit, give me a fucking break.
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qman
Stranger

Registered: 12/06/06
Posts: 34,927
Last seen: 9 hours, 19 minutes
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Quote:
sonamdrukpa said:
Quote:
Dick Cheney said: Reagan proved deficits don't matter.
They actually don't matter - or rather, it's more complicated than that. A government is neither a household nor a business.
Debt does matter, it's tied into interest rates and currency values.
What people don't realize is policy officials (Congress and the Federal Reserve) are purposely NOT trying to stimulate the US economy, why? To keep inflation low and not disturb the interest rate market.
What do you think happens when interest rates move higher and the Federal government, state governments, and large corporations are at all-time debt levels? Big trouble, so essentially we are sacrificing real economic growth for temporary solvency, I call that a major trade off, so yes the debt matters.
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Stonehenge
Alt Center


Registered: 06/20/04
Posts: 14,850
Loc: S.E.
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Re: Is Obama to blame ? [Re: qman]
#19962895 - 05/09/14 09:27 AM (9 years, 8 months ago) |
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What happens when interest rates rise and people start cashing in those low rate treasuries? Panic in dc is what happens. We will have QE cubed because the only way to pay off those debts is with more counterfeit currency. Rather than tapering off the counterfeiting machine, it will be put into high gear. Next thing you know we have massive inflation as is presently seen in some countries, perhaps as bad as zimbabwe.
People's savings in the bank become shrunken as dollars are worth only pennies. Wages have to shoot up because no one will come in to work for less than $20 an hour even for grunt work. That too goes up and the ones on fixed income must beg in the streets, the homeless population swells with disabled and elderly.
Thats when the chickens come home to roost for all those trillions of dollars wasted in overseas wars and conflicts that were totally unnecessary. The economy goes into the shitter, another great depression comes along and obumbles has fled back to kenya to escape lynching.
-------------------- “A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship.” (attributed to Alexis de Tocqueville political philosopher Circa 1835) Trade list http://www.shroomery.org/forums/showflat.php/Number/18047755
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The Ecstatic
Chilldog Extraordinaire


Registered: 11/11/09
Posts: 33,357
Loc: 'Merica
Last seen: 9 hours, 4 minutes
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Get tired of fighting against reality so now you're just rattling off dystopian hypotheticals?
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Stonehenge
Alt Center


Registered: 06/20/04
Posts: 14,850
Loc: S.E.
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Keep your head in the sand, pay no attention to what is going on and you will be safe.
-------------------- “A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship.” (attributed to Alexis de Tocqueville political philosopher Circa 1835) Trade list http://www.shroomery.org/forums/showflat.php/Number/18047755
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The Ecstatic
Chilldog Extraordinaire


Registered: 11/11/09
Posts: 33,357
Loc: 'Merica
Last seen: 9 hours, 4 minutes
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I'm paying attention just fine.
You're the one who thinks Obama will destroy the nation and flee to Kenya.
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solomilitia
The offender

Registered: 03/25/14
Posts: 1,419
Last seen: 9 years, 7 months
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Stonehenge your right on point hear Some people think the usa owns the printing press and have no fear You know better i can see that but i dont think you can defeat the whole To big to fail concept I personaly feel obummer should have ended this pointless war and saved trillions Perhaps return our money to a gold or silver backing forcing america to live with in its means And not barrow money to keep going the house of cards is comming down and thoes Poor left wingers will not have the guns to protect them selfs from the welfair junkies Cut off from government support
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NEVER AGAIN UNPUNISHED http://www.wolf-pac.com/
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The Ecstatic
Chilldog Extraordinaire


Registered: 11/11/09
Posts: 33,357
Loc: 'Merica
Last seen: 9 hours, 4 minutes
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Yeah your right on point hear two.
Jesus Christ.
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Citizen X
Call me Pepper,,


Registered: 01/19/14
Posts: 7,787
Loc: Djibouti
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Oh no! It's the end of America! Ahhhhhhhhh! We've been hearing that since Obama was elected, but nothing yet. Is doom and gloom all you have? Well, when you can't run on your record, what else have you got?
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The Ecstatic
Chilldog Extraordinaire


Registered: 11/11/09
Posts: 33,357
Loc: 'Merica
Last seen: 9 hours, 4 minutes
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Re: Is Obama to blame ? [Re: Citizen X]
#19963439 - 05/09/14 11:54 AM (9 years, 8 months ago) |
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I honestly don't get it.
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solomilitia
The offender

Registered: 03/25/14
Posts: 1,419
Last seen: 9 years, 7 months
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Re: Is Obama to blame ? [Re: Citizen X]
#19963444 - 05/09/14 11:55 AM (9 years, 8 months ago) |
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Quote:
Citizen X said: Oh no! It's the end of America! Ahhhhhhhhh! We've been hearing that since Obama was elected, but nothing yet. Is doom and gloom all you have? Well, when you can't run on your record, what else have you got?
When our debt payments exceed our GDP the crash will take place
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NEVER AGAIN UNPUNISHED http://www.wolf-pac.com/
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The Ecstatic
Chilldog Extraordinaire


Registered: 11/11/09
Posts: 33,357
Loc: 'Merica
Last seen: 9 hours, 4 minutes
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Quote:
solomilitia said:
Quote:
Citizen X said: Oh no! It's the end of America! Ahhhhhhhhh! We've been hearing that since Obama was elected, but nothing yet. Is doom and gloom all you have? Well, when you can't run on your record, what else have you got?
When our debt payments exceed our GDP the crash will take place
Can't wait.
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Luddite
I watch Fox News


Registered: 03/23/06
Posts: 2,946
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YE-E-E-E-E-E-E-E-E-E-E-S!!!
See these videos.
Kelly King BB&T Chairman and CEO Watch this video, especially the part where he says the problem with the country is Obummer. http://video.cnbc.com/gallery/?video=3000039509
Start watching at the 5:28 mark for H. Wayne Huizenga's remarks on Obummer. The first half of this video he talks about his new business venture. http://www.cnbc.com/id/15840232?video=1570610659&play=1
Former Congressman says Obama is more dangerous than al-Qaeda http://www.digitaljournal.com/article/294443
Cain trashes Obummer! http://video.cnbc.com/gallery/?video=3000066211
Mitch McConnell on Larry Kudlow http://video.cnbc.com/gallery/?video=3000068915
Rush Limbaugh on Greta (1 of 5): Obama Destroying the Economy on Purpose
C. L. Bryant
Ex-communist nations expose Obama 'fraud' Amid U.S. media blackout http://www.wnd.com/2012/03/ex-communist-nations-expose-obama-fraud/
Green agenda has parallels with excesses of communism http://www.heraldsun.com.au/opinion/green-agenda-has-parallels-with-excesses-of-communism/story-e6frfhqf-1226103023674
http://conservativebyte.com/
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solomilitia
The offender

Registered: 03/25/14
Posts: 1,419
Last seen: 9 years, 7 months
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Re: Is Obama to blame ? [Re: Luddite]
#19964224 - 05/09/14 03:40 PM (9 years, 8 months ago) |
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The world over hates Obama Do the obama supporters have any idea why and dont give me the hes black The world loves criss rock and most rap music It will take me some time to watch all of that but ty for posting the info
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NEVER AGAIN UNPUNISHED http://www.wolf-pac.com/
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Stonehenge
Alt Center


Registered: 06/20/04
Posts: 14,850
Loc: S.E.
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Too much truth for the lefties to handle.
-------------------- “A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship.” (attributed to Alexis de Tocqueville political philosopher Circa 1835) Trade list http://www.shroomery.org/forums/showflat.php/Number/18047755
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Luddite
I watch Fox News


Registered: 03/23/06
Posts: 2,946
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Barack Obama won’t wear an American flag on his lapel, but on the wall of his Houston campaign office: a Cuban flag with a picture of Communist mass murderer Che Guevara.
http://littlegreenfootballs.com/weblog/?entry=28915_Che_Guevara_Flags_in_Obamas_Houston_Office&only
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Citizen X
Call me Pepper,,


Registered: 01/19/14
Posts: 7,787
Loc: Djibouti
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Re: Is Obama to blame ? [Re: Luddite]
#19964448 - 05/09/14 04:32 PM (9 years, 8 months ago) |
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You guys! LOL
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Rate me here
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