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Democrats are insane... deficit deal must include stimulus! LOL!

 
Anonymous Coward
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11/14/2012 11:03 PM
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Re: Democrats are insane... deficit deal must include stimulus! LOL!
bump
Anonymous Coward
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11/14/2012 11:04 PM
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Re: Democrats are insane... deficit deal must include stimulus! LOL!
I dislike most democrats but sometimes stimulus is needed. Look at it as an investment back into the country. Will it work this time around?? Who knows but we should at least be open to it as long as it makes cents.
 Quoting: Whole lee shit


Are you aware of the declining marginal utility of government debt?
Anonymous Coward
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11/14/2012 11:05 PM
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Re: Democrats are insane... deficit deal must include stimulus! LOL!
mikebo1 1/2 .... Got his blanky and his thumb. Please pay more attention to history, knowledge and less on disinformation spreading !
Anonymous Coward
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11/14/2012 11:06 PM
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Re: Democrats are insane... deficit deal must include stimulus! LOL!
mikebo1 1/2 .... Got his blanky and his thumb. Please pay more attention to history, knowledge and less on disinformation spreading !
Anonymous Coward
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11/14/2012 11:06 PM
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Re: Democrats are insane... deficit deal must include stimulus! LOL!
What is discredited is the idea that cutting taxes on the rich creates jobs.
 Quoting: Instant Karma


If you're a government employee, then I can least understand the crap you're pushing or buy into.

The idea that big government expenditures will somehow be a magic pill for an ailing economy has been proven to be BS in -- beyond the US and Obamarama's big circus budgeting since 2008 -- countries as disparate as Japan on one hand (which has been in either a full fledged or mild recession since the 1990s) and Greece on the other.

 Quoting: Anonymous Coward 27627903

Yes, even Friedman was on board for Japanese QE. It DID NOT WORK. Although it left then with a huge debt to GDP ratio which they will never pull out of.
mrclean

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11/14/2012 11:06 PM
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Re: Democrats are insane... deficit deal must include stimulus! LOL!
Liberals are totally Blind...deaf...and dumb to the concepts of fractional reserve banking and FIAT currency....

Repubelickers are slowly 'catching on'...but the O'bots are totally gone.
mrclean
Anonymous Coward
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11/14/2012 11:10 PM
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Re: Democrats are insane... deficit deal must include stimulus! LOL!
Reducing (republikan) debt isn't the priority and shouldn't be.
Stimulating the economy and regaining jobs is the priority.

Go dems!
 Quoting: Anonymous Coward 16938948


LOL you gonna love it when the bond market says FUCK YA AMERICA YOU ARE BANKRUPT and then the government goes kaboom Greece-style.
 Quoting: Anonymous Coward 1440618


I think the bond markets would be happier with a healthy economy.
Anonymous Coward
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11/14/2012 11:12 PM
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Re: Democrats are insane... deficit deal must include stimulus! LOL!
[link to thehill.com]
Senate Democrats say deficit package must include stimulus

Senate Democrats, feeling confident from their net gain of two seats in last week’s election, say any deficit-reduction package negotiated in the coming weeks must include stimulus measures.


They are fucking high... let's spend more... that will reduce the deficit... LOL!
 Quoting: Anonymous Coward 1440618


Eh, that's where they get the name, "Liberal Fuck'tard"
Anonymous Coward
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11/14/2012 11:14 PM
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Re: Democrats are insane... deficit deal must include stimulus! LOL!
Obama's first stimulus bill was insane and they want to do it again?
Anonymous Coward
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11/14/2012 11:14 PM
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Re: Democrats are insane... deficit deal must include stimulus! LOL!
bsmeter2propogandapropoganda
Anonymous Coward
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11/14/2012 11:15 PM
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Re: Democrats are insane... deficit deal must include stimulus! LOL!
:Omoney: MAKE IT RAIN, BITCHES!
thadividedsky

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11/14/2012 11:17 PM

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Re: Democrats are insane... deficit deal must include stimulus! LOL!
Our govt. can not continue to spend more money than it brings in. It's very simple, the only way to fix the problem is to both cut spending in all areas of govt. and to raise taxes. Just cutting spending will do so little it will just delay the inevitable. Just raising taxes will result in people holding onto their money even tighter which will mean they spend less into the economy. If nothing is done, then we are finished because you simply can't spend more than you earn for a sustained period without going bankrupt. Anyway you chalk this up, there will be pain. The sooner we get this shit done, the sooner we can pick up the pieces and start over. The longer we wait, the more painful the fall will be.
Anonymous Coward
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11/14/2012 11:19 PM
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Re: Democrats are insane... deficit deal must include stimulus! LOL!
It's time for the Repulsicans to shut up and get the fuck out of the way.





Under Democratic presidents, every income class did well but the poorest did best. The bottom 20% had average pretax income growth of 2.63% per year while the top 5% showed pretax income growth of 2.11% per year.

Republicans were polar opposites. Not only was their overall performance worse than Democrats, but it was wildly tilted toward the well off. The bottom 20% saw pretax income growth of only .6% per year while the top 5% enjoyed pretax income growth of 2.09% per year. (What's more, the trendline is pretty clear: if the chart were extended to show the really rich — the top 1% and the top .1% — the Republican growth numbers for them would be higher than the Democratic numbers.)

In other words, Republican presidents produce poor economic performance because they're obsessed with helping the well off. Their focus is on the wealthiest 5%, and the numbers show it. At least 95% of the country does better under Democrats.

But this raises an interesting question: if 95% of the country does better under Democrats, and if economic performance is the most important factor in most presidential elections, then how do Republicans ever get elected?
Anonymous Coward
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11/14/2012 11:20 PM
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Re: Democrats are insane... deficit deal must include stimulus! LOL!
Forgot link
[link to www.washingtonmonthly.com]
SevenThunders

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11/14/2012 11:22 PM
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Re: Democrats are insane... deficit deal must include stimulus! LOL!
The Marxist elite are aware of this, but there is an inverse correlation between the highest marginal tax rates and government revenue. That's right, contrary to leftist propaganda lowering taxes INCREASES government revenue. The leftists don't care about this since all they want is to bring the system down and replace it with a Marxist dictatorship.

Here is how it works from a very specific anecdote,
"Back when the Sarasota Bay Bridge between Sarasota and Bradenton FL. was built it was made a “Toll Bridge” to amortize the cost of building. The Toll was set at $0.50 each way and it was expected to be paid off in 8 years, if memory serves me. After a while it was noted that the payoff was falling behind schedule so the City Council bumped the Toll to $0.75 each way and the payoff slowed even further! The City Council bumped the Toll to $1.00 each way and the Bridge revenues almost STOPPED! Finally, the Mayor stepped in and set the Toll to TWENTY FIVE CENTS over vociferous objections of the City Council and others. BUT, lo and behold, the Bridge was paid off YEARS ahead of schedule!
Do you suppose that there’s a lesson, here, for those who scream “INCREASE TAXES!”?


Here are the charts that prove this point.
[link to blogs-images.forbes.com]

Do you liberals understand the basic economics of the bridge example, and why toll revenues went down when the bridge tax was too high? That happens with high marginal tax rates as well. It suppresses economic activity and creates capital flight.
Anonymous Coward
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11/14/2012 11:24 PM
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Re: Democrats are insane... deficit deal must include stimulus! LOL!

Personal disposable income has grown nearly 6 times more under Democratic presidents

• Gross Domestic Product (GDP) has grown 7 times more under Democratic presidents

• Corporate profits have grown over 16% more per year under Democratic presidents (they actually declined under Republicans by an average of 4.53%/year)

• Average annual compound return on the stock market has been 18 times greater under Democratic presidents (If you invested $100k for 40 years of Republican administrations you had $126k at the end, if you invested $100k for 40 years of Democrat administrations you had $3.9M at the end)

• Republican presidents added 2.5 times more to the national debt than Democratic presidents

• The two times the economy steered into the ditch (Great Depression and Great Recession) were during Republican, laissez faire administrations

[link to www.forbes.com]
Anonymous Coward
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11/14/2012 11:31 PM
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Re: Democrats are insane... deficit deal must include stimulus! LOL!
stfu

It's time for the Democrats to run the show.
Repulsicans suck at government.


History actually shows that the U.S. economy, stock prices and corporate profits have generated stronger growth under Democratic administrations than Republican ones.

According to McGraw-Hill’s S&P Capital IQ, the S&P 500 has rallied an average of 12.1% per year since 1901 when Democrats occupy the White House, compared with just 5.1% for the GOP.

Likewise, gross domestic product has increased 4.2% each year since 1949 when Democrats run the executive branch, versus 2.6% under Republicans.

Even corporate profits show a disparity: S&P 500 GAAP earnings per share climbed a median of 10.5% per year since 1936 during Democratic administrations, besting an 8.9% median advance under Republicans, S&P said.

[link to www.foxbusiness.com]
Anonymous Coward
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11/14/2012 11:32 PM
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Re: Democrats are insane... deficit deal must include stimulus! LOL!
...


All of the money in circulation comes from the banks. If they aren't lending, the economy will collapse. Government borrowing from the banks is the only way to get money in circulation if the banks aren't lending enough to businesses or individuals. That is what got us out of the Bush economic collapse, not tax cuts.
 Quoting: Instant Karma


LOL. More debt ain't the answer. And this is all that Obama and Bernanke have done to ``get you out of the Bush economic collapse``... more leverage and more debt.

NOTHING HAS BEEN FIXED SINCE 2008. NOTHING.
 Quoting: Anonymous Coward 1440618


Of course not because the problem is with the debt-based monetary system run by the private banking cartel. Changing Presidents wouldn't have altered that one bit.

The solution is to take away the power to create money from the private banks and give it back to the People, via the US Treasury. We need to start creating debt-free currency that isn't owed back to some bank at interest.
 Quoting: Instant Karma


Wow... I mean wow !!!!
BANKS DON't PRINT MONEY.
Debt Free Currency ?????
Interest on money loaned is how the banks make money. Otherwise there is no point of even having a bank.
My God you are talking about Communism.
With Communism there is no need for banks.
The government decides who gets what and how much.

Your statements are beyond belief.
 Quoting: mikebo2



Holy crap, are there people still as dumb as you on earth?

Either you are dumber than my mom's last bowel movement or you are a shill plant for the Federal Reserve.

The ONLY reason countries EVER run a deficit and have debt is because of central banks earning interest.

There IS no reason for banks to exists, other than to wreck the earth.
Anonymous Coward
User ID: 27384624
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11/14/2012 11:34 PM
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Re: Democrats are insane... deficit deal must include stimulus! LOL!
You sheepletards need to stop arguing over demotards and repubtards and realize that the system is a scam and the argument is a scam. Private, central banks are THE scam that has ruined the earth.

Hang the bankers and we are 90% fixed.
Anonymous Coward
User ID: 1342725
United States
11/14/2012 11:35 PM
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Re: Democrats are insane... deficit deal must include stimulus! LOL!
The democratic base are deluded and completely ignorant of monetary policy in general. Ask them what the fractional reserve system of credit is, and they'll tell you to leave them alone because they didn't go to college. Lol
Anonymous Coward
User ID: 1342725
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11/14/2012 11:37 PM
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Re: Democrats are insane... deficit deal must include stimulus! LOL!
...


LOL. More debt ain't the answer. And this is all that Obama and Bernanke have done to ``get you out of the Bush economic collapse``... more leverage and more debt.

NOTHING HAS BEEN FIXED SINCE 2008. NOTHING.
 Quoting: Anonymous Coward 1440618


Of course not because the problem is with the debt-based monetary system run by the private banking cartel. Changing Presidents wouldn't have altered that one bit.

The solution is to take away the power to create money from the private banks and give it back to the People, via the US Treasury. We need to start creating debt-free currency that isn't owed back to some bank at interest.
 Quoting: Instant Karma


Wow... I mean wow !!!!
BANKS DON't PRINT MONEY.
Debt Free Currency ?????
Interest on money loaned is how the banks make money. Otherwise there is no point of even having a bank.
My God you are talking about Communism.
With Communism there is no need for banks.
The government decides who gets what and how much.

Your statements are beyond belief.
 Quoting: mikebo2



Holy crap, are there people still as dumb as you on earth?

Either you are dumber than my mom's last bowel movement or you are a shill plant for the Federal Reserve.

The ONLY reason countries EVER run a deficit and have debt is because of central banks earning interest.

There IS no reason for banks to exists, other than to wreck the earth.
 Quoting: Anonymous Coward 27384624


You're feeding into them. Just tell them to do research, real research. Point them in the right direction.

Go read hayek.
Anonymous Coward
User ID: 1342725
United States
11/14/2012 11:38 PM
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Re: Democrats are insane... deficit deal must include stimulus! LOL!
It's time for the Repulsicans to shut up and get the fuck out of the way.





Under Democratic presidents, every income class did well but the poorest did best. The bottom 20% had average pretax income growth of 2.63% per year while the top 5% showed pretax income growth of 2.11% per year.

Republicans were polar opposites. Not only was their overall performance worse than Democrats, but it was wildly tilted toward the well off. The bottom 20% saw pretax income growth of only .6% per year while the top 5% enjoyed pretax income growth of 2.09% per year. (What's more, the trendline is pretty clear: if the chart were extended to show the really rich — the top 1% and the top .1% — the Republican growth numbers for them would be higher than the Democratic numbers.)

In other words, Republican presidents produce poor economic performance because they're obsessed with helping the well off. Their focus is on the wealthiest 5%, and the numbers show it. At least 95% of the country does better under Democrats.

But this raises an interesting question: if 95% of the country does better under Democrats, and if economic performance is the most important factor in most presidential elections, then how do Republicans ever get elected?

 Quoting: Anonymous Coward 16938948


You're deluded. Those figures are IF inflation is tied to the projected rates put out by the fed boards.

Meaning it's all fiction.

:)
SevenThunders

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11/14/2012 11:39 PM
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Re: Democrats are insane... deficit deal must include stimulus! LOL!

Personal disposable income has grown nearly 6 times more under Democratic presidents

• Gross Domestic Product (GDP) has grown 7 times more under Democratic presidents

• Corporate profits have grown over 16% more per year under Democratic presidents (they actually declined under Republicans by an average of 4.53%/year)

• Average annual compound return on the stock market has been 18 times greater under Democratic presidents (If you invested $100k for 40 years of Republican administrations you had $126k at the end, if you invested $100k for 40 years of Democrat administrations you had $3.9M at the end)

• Republican presidents added 2.5 times more to the national debt than Democratic presidents

• The two times the economy steered into the ditch (Great Depression and Great Recession) were during Republican, laissez faire administrations

[link to www.forbes.com]
 Quoting: Anonymous Coward 16938948


This does not prove what you think it does because of your lockstep partisan thinking. The key issue is not the party but the policy. Moreover, Forbes, an elitist globalist rag, has mistated a few key facts.

By todays standards, JFK would be considered a right wing nutcase. He championed lower taxes, was a strong anti-communist, and favored civil rights (which has always been a republican initiative not a democratic one). He cut taxes more aggressively than Reagan and enjoyed an economic boom.

Clinton was forced into a compromise with conservatives in congress via the only real conservative congress we've ever had under Newt Gingrich. They reduced taxes cut spending and enjoyed a huge bull run in the economy.

Bush enjoyed some growth, but he was essentially an LBJ liberal. He cut taxes but was heavily into foreign intervention (like LBJ) and into heavy social spending. I'm sorry but Bush is a liberal.

To say that FDR was good for the economy is an insane position unless you feel that we need to launch world wars whenever we have bad economic problems.

End result is that of the top 4 in Forbes 'good' president list, 2 of them adopted conservative fiscal policies (the top 2) and the other 2 enjoyed wartime economic growth. Eisenhower was not so great really but you could hardly do wrong when you have virtually the only industrialized nation left in the world.
Instant Karma
I can see for miles

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United States
11/14/2012 11:42 PM

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Re: Democrats are insane... deficit deal must include stimulus! LOL!
...


Of course not because the problem is with the debt-based monetary system run by the private banking cartel. Changing Presidents wouldn't have altered that one bit.

The solution is to take away the power to create money from the private banks and give it back to the People, via the US Treasury. We need to start creating debt-free currency that isn't owed back to some bank at interest.
 Quoting: Instant Karma


Wow... I mean wow !!!!
BANKS DON't PRINT MONEY.
Debt Free Currency ?????
Interest on money loaned is how the banks make money. Otherwise there is no point of even having a bank.
My God you are talking about Communism.
With Communism there is no need for banks.
The government decides who gets what and how much.

Your statements are beyond belief.
 Quoting: mikebo2



Holy crap, are there people still as dumb as you on earth?

Either you are dumber than my mom's last bowel movement or you are a shill plant for the Federal Reserve.

The ONLY reason countries EVER run a deficit and have debt is because of central banks earning interest.

There IS no reason for banks to exists, other than to wreck the earth.
 Quoting: Anonymous Coward 27384624


You're feeding into them. Just tell them to do research, real research. Point them in the right direction.

Go read hayek.
 Quoting: Anonymous Coward 1342725


Web Of Debt by Ellen Hodgson Brown is the best book on the subject that I've read. Much better than The Creature From Jekyll Island IMO.

[link to www.webofdebt.com]
Dollar Deception: How Banks Secretly Create Money:

[link to www.webofdebt.com]

mobius-gears
Anonymous Coward
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11/14/2012 11:42 PM
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Re: Democrats are insane... deficit deal must include stimulus! LOL!
I dislike most democrats but sometimes stimulus is needed. Look at it as an investment back into the country. Will it work this time around?? Who knows but we should at least be open to it as long as it makes cents.
 Quoting: Whole lee shit


You're an idiot
Anonymous Coward
User ID: 27304459
United States
11/14/2012 11:47 PM
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Re: Democrats are insane... deficit deal must include stimulus! LOL!
[link to thehill.com]
Senate Democrats say deficit package must include stimulus

Senate Democrats, feeling confident from their net gain of two seats in last week’s election, say any deficit-reduction package negotiated in the coming weeks must include stimulus measures.


They are fucking high... let's spend more... that will reduce the deficit... LOL!
 Quoting: Anonymous Coward 1440618


What do you think got us out of the Bush Depression? Stimulus spending. Balancing the budget is not how you get an economy moving when the banks aren't lending. Economics 101.
 Quoting: Instant Karma


Economics 101??? LOL more like discredited keynesians economics 101.
 Quoting: Anonymous Coward 1440618


Look, we're not going to be able to pay off the debt. The only way out is to inflate it away.

This is a mathematical fact. Look I like the idea of balancing a budget as much as the next guy. I am traditional. But the situation of the USA is that of someone inevitably headed for bankruptcy ... EXCEPT ... that we can print.

Choose one or the other: default or massive inflation. You must choose one.
Anonymous Coward
User ID: 1342725
United States
11/14/2012 11:49 PM
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Re: Democrats are insane... deficit deal must include stimulus! LOL!
...


Wow... I mean wow !!!!
BANKS DON't PRINT MONEY.
Debt Free Currency ?????
Interest on money loaned is how the banks make money. Otherwise there is no point of even having a bank.
My God you are talking about Communism.
With Communism there is no need for banks.
The government decides who gets what and how much.

Your statements are beyond belief.
 Quoting: mikebo2



Holy crap, are there people still as dumb as you on earth?

Either you are dumber than my mom's last bowel movement or you are a shill plant for the Federal Reserve.

The ONLY reason countries EVER run a deficit and have debt is because of central banks earning interest.

There IS no reason for banks to exists, other than to wreck the earth.
 Quoting: Anonymous Coward 27384624


You're feeding into them. Just tell them to do research, real research. Point them in the right direction.

Go read hayek.
 Quoting: Anonymous Coward 1342725


Web Of Debt by Ellen Hodgson Brown is the best book on the subject that I've read. Much better than The Creature From Jekyll Island IMO.

[link to www.webofdebt.com]
 Quoting: Instant Karma


Ah, yes. Good evening.
Glad to be influenced by you tonight.
Anonymous Coward (OP)
User ID: 1440618
Canada
11/14/2012 11:51 PM
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Re: Democrats are insane... deficit deal must include stimulus! LOL!
Fact is, the budget needs to be cut and the GDP will go down 15% at least doing so.

Lots of people will go bankrupt.

But they have to.

The system needs to clear itself.
Anonymous Coward
User ID: 1342725
United States
11/14/2012 11:52 PM
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Re: Democrats are insane... deficit deal must include stimulus! LOL!
[link to thehill.com]
Senate Democrats say deficit package must include stimulus

Senate Democrats, feeling confident from their net gain of two seats in last week’s election, say any deficit-reduction package negotiated in the coming weeks must include stimulus measures.


They are fucking high... let's spend more... that will reduce the deficit... LOL!
 Quoting: Anonymous Coward 1440618


What do you think got us out of the Bush Depression? Stimulus spending. Balancing the budget is not how you get an economy moving when the banks aren't lending. Economics 101.
 Quoting: Instant Karma


Economics 101??? LOL more like discredited keynesians economics 101.
 Quoting: Anonymous Coward 1440618


Look, we're not going to be able to pay off the debt. The only way out is to inflate it away.

This is a mathematical fact. Look I like the idea of balancing a budget as much as the next guy. I am traditional. But the situation of the USA is that of someone inevitably headed for bankruptcy ... EXCEPT ... that we can print.

Choose one or the other: default or massive inflation. You must choose one.
 Quoting: Anonymous Coward 27304459


Perhaps we should just cut our government back to 2006 spending levels and we'll be debt free by 2022.

Do not buy into the 0% interest rate, no-risk-betting derivative dreams of the banking cartels.
pool
Netizen Ribbonmind

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11/14/2012 11:52 PM

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Re: Democrats are insane... deficit deal must include stimulus! LOL!
Money is worthless these days.
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