March 07, 2013
— Ace Japan tried what Obama is trying. It failed.
Other nations slashed spending and prospered.
As Boskin points out, the Netherlands in the mid-1990s and Sweden in the mid-2000s "stabilized their budgets without recession [with] $5-$6 of actual spending cuts per dollar of tax hikes."And he notes that Canada reduced government spending in the mid-1990s and early 2000s by an amount equal to 8 percent of gross domestic product.
Those cuts weren't painless, but they put Canada on a trajectory different from ours. Canadian voters value budget surpluses, and Canada managed to avoid almost all the bad effects of the 2007-09 recession.
Why isn't the political class interested in this? Because while a defanged political class may serve the interest of the public it doesn't serve the interest of the political class.
Posted by: Ace at
10:20 AM
| Comments (234)
Post contains 149 words, total size 1 kb.
Posted by: akula51 at March 07, 2013 10:22 AM (Vgn84)
hard times coming...
Posted by: Wally in Walla Walla at March 07, 2013 10:23 AM (Dll6b)
Posted by: Sherry McEvil, Wily Wrepublican Wench at March 07, 2013 10:23 AM (kXoT0)
The evidence for "Cut gov't spending = prosperity" is overwhelming.
It's almost like economic recovery is not actually TFG's goal...
Posted by: AllenG (Dedicated Tenther) Channelling Breitbart at March 07, 2013 10:24 AM (xN73L)
Posted by: SH at March 07, 2013 10:24 AM (gmeXX)
Posted by: Ian S. at March 07, 2013 10:25 AM (B/VB5)
Posted by: BackwardsBoy, who did not vote for this shit at March 07, 2013 10:25 AM (+z4pE)
The house has voted a new CR to fund thru the fall, ha ha, remember when they talked about being able to stop the spending last time or with the sequestration or with the debt limit? yeah, good times.
Next chance for repubs to show they are really dems: gun control followed by amnesty.
Posted by: Guy Mohawk at March 07, 2013 10:25 AM (p/cQy)
Posted by: toby928© for TB at March 07, 2013 10:26 AM (QupBk)
Do you? Are you familiar with a concept of "diminishing returns"?
Posted by: fluffy at March 07, 2013 10:26 AM (z9HTb)
Posted by: The "artist" formerly known as "The Artist former known as Prince" at March 07, 2013 10:26 AM (e8kgV)
Posted by: DKCZ at March 07, 2013 10:26 AM (9/bcB)
You know, the way we used to be in this country.
Posted by: The Q at March 07, 2013 10:27 AM (yVmMc)
Posted by: AmishDude at March 07, 2013 10:27 AM (T0NGe)
Posted by: CarolT at March 07, 2013 10:27 AM (kdfQ/)
AllenG - Texas also has this understanding of exploting your natural resources, legisltature that meets infrequently, no income taxes, etc.
Really, just choose from among any of the great examples Texas provides for economic prosperity.
Posted by: SH at March 07, 2013 10:27 AM (gmeXX)
Posted by: beach at March 07, 2013 10:27 AM (XYSwB)
Posted by: toby928© for TB at March 07, 2013 10:28 AM (QupBk)
Posted by: Bubba from County at March 07, 2013 10:28 AM (5PMD3)
Posted by: BackwardsBoy, who did not vote for this shit at March 07, 2013 10:28 AM (+z4pE)
Posted by: Justamom of the LiB camp at March 07, 2013 10:29 AM (Sptt8)
Posted by: Zombie John Gotti at March 07, 2013 10:30 AM (Gkhxf)
Posted by: Ashley, Baby at March 07, 2013 10:30 AM (JQuNB)
Posted by: Dr Spank at March 07, 2013 10:30 AM (w+Dvf)
Didn't John Kerry say that socialism fails because they're not doing it right?
Posted by: © Sponge at March 07, 2013 10:30 AM (xmcEQ)
From the Texas Declaration of Independence:
When a government has ceased to protect the lives, liberty and property of the people, from whom its legitimate powers are derived, and for the advancement of whose happiness it was instituted, and so far from being a guarantee for the enjoyment of those inestimable and inalienable rights, becomes an instrument in the hands of evil rulers for their oppression.
When the Federal Republican Constitution of their country, which they have sworn to support, no longer has a substantial existence, and the whole nature of their government has been forcibly changed, without their consent, from a restricted federative republic, composed of sovereign states, to a consolidated central military despotism, in which every interest is disregarded but that of the army and the priesthood, both the eternal enemies of civil liberty, the everready minions of power, and the usual instruments of tyrants
...
When, in consequence of such acts of malfeasance and abdication on the part of the government, anarchy prevails, and civil society is dissolved into its original elements. In such a crisis, the first law of nature, the right of self-preservation, the inherent and inalienable rights of the people to appeal to first principles, and take their political affairs into their own hands in extreme cases, enjoins it as a right towards themselves, and a sacred obligation to their posterity, to abolish such government, and create another in its stead, calculated to rescue them from impending dangers, and to secure their future welfare and happiness.
Posted by: AllenG (Dedicated Tenther) Channelling Breitbart at March 07, 2013 10:30 AM (xN73L)
That is precisely what police in Colorado say happened to Brianna Priddy, a server at a Lakewood Applebee's.
Priddy, though, didn't panic.
"I handed it back to her and said, 'Sure, I'll be right back with your margarita,'" she told Denver's NBC affiliate.
Priddy called the police, and tried to act normal while waiting for them to arrive.
"I put on my server smile and tried to take care of them, but I was shaking like crazy," she said.
When police arrived, the woman, whose name has not been released, was arrested on suspicion of theft, identity theft and criminal impersonation. Police also found narcotics in her possession.
Posted by: The "artist" known as "The Artist former known as Prince" at March 07, 2013 10:30 AM (e8kgV)
Cuts the rate of growth. Everyone still has more $$$ to spend this year than they did last.
Posted by: AllenG (Dedicated Tenther) Channelling Breitbart at March 07, 2013 10:31 AM (xN73L)
Posted by: SH at March 07, 2013 10:32 AM (gmeXX)
Posted by: Harrison Bergeron at March 07, 2013 10:32 AM (JQuNB)
"Japan tried what Obama is trying. It failed." ~ Ace
He has no new ideas.
Everything that he wants to do, has been tried...and has failed.
What do you call a leader that insists on repeating the same policies that have failed throughout history?
Posted by: wheatie at March 07, 2013 10:32 AM (QPnFm)
Posted by: Bubba from County at March 07, 2013 10:32 AM (5PMD3)
Posted by: nip at March 07, 2013 10:33 AM (11Tdq)
/dream on.
Defanged or fanged, the political class serves global corporatism, owned by corporate interests, which is not to say that the political class serves the interest of the public or Joe Q. Citizen.
... unless you require falling back on the ludicrous claim that corporations are people, too. THAT depends on what the meaning of people "is" is is is...
Posted by: It's Your Ludicrous Life at March 07, 2013 10:33 AM (MhA4j)
Posted by: beach at March 07, 2013 10:33 AM (XYSwB)
Posted by: NWConservative at March 07, 2013 10:35 AM (k7XhI)
They are both incredibly appropriate, I'd say. I just like the point the TX Dec makes that "Hey, we did not sign up for this shit."
Posted by: AllenG (Dedicated Tenther) Channelling Breitbart at March 07, 2013 10:35 AM (xN73L)
Once I have you all living in those little sarcophagus-type hotels that the Japanese have, it will be easier to kill you as "imminent" threats to the U.S.
Posted by: Barack Hussein Obama at March 07, 2013 10:35 AM (ggRof)
Posted by: beach at March 07, 2013 02:33 PM (XYSwB)
So we should cut... tax cuts? wuh?
Posted by: HoboJerky, now with 45% more DOOM! at March 07, 2013 10:36 AM (xAtAj)
Posted by: Regular Moron [/i] at March 07, 2013 10:36 AM (feFL6)
Posted by: wheatie
Your betters.
Now kneel and suck our cocks.
Posted by: Your betters in the GOP [/i] [/b] at March 07, 2013 10:36 AM (fMgJk)
Posted by: Oberlin College at March 07, 2013 10:37 AM (wIgpo)
Posted by: Average Guy at March 07, 2013 10:37 AM (d1NtU)
Posted by: MikeTheMoose DOOMCASTER! at March 07, 2013 10:37 AM (0q2P7)
Posted by: Fourth Virginia at March 07, 2013 10:37 AM (wbmaj)
The only people I know of making that claim are lefty builders of straw-men.
Corporations are entities, though. If that confuses you, you are too dumb to be a lawyer.
Posted by: fluffy at March 07, 2013 10:37 AM (z9HTb)
We're fucked.
C'MON SMOD!!!!!!
Posted by: © Sponge at March 07, 2013 10:38 AM (xmcEQ)
Posted by: Bosk at March 07, 2013 10:38 AM (n2K+4)
Posted by: cicero skip at March 07, 2013 10:38 AM (3m9Uc)
And so many forget that in the 19-teens we did exactly the opposite, which led (in part) to "The Roaring 20s."
Posted by: AllenG (Dedicated Tenther) Channelling Breitbart at March 07, 2013 10:38 AM (xN73L)
Posted by: Fourth Virginia at March 07, 2013 10:38 AM (wbmaj)
Posted by: wheatie at March 07, 2013 02:32 PM (QPnFm)
Thats the problem with socialists, they have no sense of history. Only Forward! Often, only a cliff awaits.
Posted by: Jollyroger at March 07, 2013 10:39 AM (t06LC)
Posted by: SH at March 07, 2013 10:39 AM (gmeXX)
You know, I wouldn't have so much problem with that if it weren't for their insistence that I march in front of them.
Posted by: AllenG (Dedicated Tenther) Channelling Breitbart at March 07, 2013 10:40 AM (xN73L)
Posted by: Deli LLama at March 07, 2013 10:40 AM (lGu1O)
Posted by: Albert Einstein [/i] at March 07, 2013 10:41 AM (feFL6)
Nah, democrats know full well what they are doing and do not care.
Socialist want to take EVERY fucking thing you have and give it to the worthless scumbags that do not work.
This is not a new concept.
Posted by: Billy Bob, pseudo intellectual at March 07, 2013 10:41 AM (wR+pz)
Posted by: model_1066 at March 07, 2013 10:42 AM (7xPCu)
Posted by: Nancy Lugosi at March 07, 2013 10:42 AM (JQuNB)
He quoted a warning from the Wall Street Journal that if Senator Paul “wants to be taken seriously, he needs to do more than pull political stunts to fire up impressionable libertarian kids in their college dorms. He needs to know what he’s talking about.” Senator McCain was also disappointed with his “colleagues . . .who know better” who joined Rand Paul during his filibuster to “voice [a] concern which is totally unfounded.”
Posted by: Jones in CO at March 07, 2013 10:42 AM (8sCoq)
Posted by: maddogg at March 07, 2013 10:42 AM (OlN4e)
Posted by: alexthechick - SMOD. Now with extra taunting. at March 07, 2013 10:42 AM (VtjlW)
Owebama signs the Violence Against Women Act.
Isn't most violent acts toward ANYONE against the law? Why do we need this endless bullshit pandering crap that makes him feel like "war on women" and shit?
We're so fucked.
Our leaders suck balls........unfortunately, it's not the all "feel good" ball sucking either.......
Posted by: © Sponge at March 07, 2013 10:43 AM (xmcEQ)
Posted by: SH at March 07, 2013 10:43 AM (gmeXX)
Hrm. All I've got is brunette and skivvies.
http://is.gd/KsisPX
Posted by: HeatherRadish™ needs a beer at March 07, 2013 10:44 AM (/kI1Q)
60 It's too fucking dangerous to be any where near the White House anyway.
----------
Eh?
The White House is the only place safe from a Drone Strike.
Which is probably why they don't let us peons in there anymore.
Posted by: wheatie at March 07, 2013 10:44 AM (QPnFm)
Posted by: Jones in CO at March 07, 2013 10:44 AM (8sCoq)
Posted by: Sticky Wicket at March 07, 2013 10:44 AM (eyJh9)
Posted by: rickb223 at March 07, 2013 10:44 AM (GFM2b)
MOAR SPENDING!!!!!!!
The Act provides $1.6 billion toward investigation and prosecution of violent crimes against women, imposes automatic and mandatory restitution on those convicted, and allows civil redress in cases prosecutors chose to leave unprosecuted. The Act also establishes the Office on Violence Against Women within the Department of Justice. Male victims of domestic violence, dating violence, sexual assault, and stalking will not be treated worse than they already are solely as a result of VAWA.
Posted by: © Sponge at March 07, 2013 10:44 AM (xmcEQ)
Posted by: SH at March 07, 2013 10:45 AM (gmeXX)
As P.J. O'Rourke famously said: "Giving money and power to politicians is like giving whiskey and car keys to teenage boys."
Posted by: Nighthawk at March 07, 2013 10:45 AM (RSqz2)
Can I borrow you for a day?
I need someone to beat some sense into my sister.
I was telling her about Amanda Collins and the idiot state senator, and her first snarky comment was, "did she spontaneously abort the fetus?"
Posted by: Mr. Burnett at March 07, 2013 10:45 AM (GsoHv)
Posted by: model_1066 at March 07, 2013 10:46 AM (7xPCu)
Posted by: toby928© Red Partisan at March 07, 2013 10:46 AM (QupBk)
Why isn't the political class interested in this? Because while a defanged political class may serve the interest of the public it doesn't serve the interest of the political class.
It doesn't serve the interest of the leftie political class. Remember Geithner's retort "We don't have a plan, we just don't like yours"? The left would rather be in charge in hell than subservient in heaven.
Posted by: Decaf at March 07, 2013 10:46 AM (Dqox6)
But of course.
Posted by: Waterhouse at March 07, 2013 10:46 AM (vBSha)
I don't have a whole lot of respect for OdipO's intellect, but I do think he knows these policies will not work. I think he still to this day hates this country because he was brought up to hate it.
Other leftists might think its because socialism just wasn't done right before, but this fuckin guy thinks differently.
Posted by: Guy Mohawk at March 07, 2013 10:47 AM (p/cQy)
Posted by: Waterhouse at March 07, 2013 10:47 AM (vBSha)
Posted by: Nighthawk at March 07, 2013 02:45 PM (RSqz2)
Nah, it's worse. Politicians don't have parents.
Posted by: CharlieBrown'sDildo at March 07, 2013 10:47 AM (GsoHv)
Posted by: © Sponge at March 07, 2013 02:44 PM (xmcEQ)
Will that be next to the Office of We Hate White Heterosexual Men?
Posted by: TheQuietMan at March 07, 2013 10:48 AM (1Jaio)
Posted by: model_1066 at March 07, 2013 10:48 AM (7xPCu)
Posted by: maddogg at March 07, 2013 10:48 AM (OlN4e)
...so white women aren't included. Good to know in advance.
Posted by: HeatherRadish™ needs a beer at March 07, 2013 10:49 AM (/kI1Q)
Posted by: Winston Smith at March 07, 2013 10:49 AM (JQuNB)
Posted by: AmishDude at March 07, 2013 10:49 AM (T0NGe)
Posted by: NWConservative at March 07, 2013 10:50 AM (k7XhI)
Posted by: President Sibilant Esses at March 07, 2013 10:50 AM (9fDAi)
Posted by: Merovign, Dark Lord of the Sith's Other Mobile[/i][/i] at March 07, 2013 10:50 AM (bxiXv)
Posted by: HeatherRadish™ needs a beer at March 07, 2013 10:50 AM (/kI1Q)
Posted by: rickb223 at March 07, 2013 10:50 AM (GFM2b)
Posted by: Regular Moron [/i] at March 07, 2013 10:50 AM (feFL6)
Posted by: rickb223 at March 07, 2013 10:51 AM (GFM2b)
Posted by: Merovign, Dark Lord of the Sith's Other Mobile[/i][/i] at March 07, 2013 10:52 AM (bxiXv)
Posted by: The at March 07, 2013 10:52 AM (e8kgV)
Posted by: maddogg at March 07, 2013 02:42 PM (OlN4e)
Long ago government jobs were known as public service and attracted mostly civic-minded people. That went out the window when the AA policy reigned supreme.
Posted by: Decaf at March 07, 2013 10:52 AM (Dqox6)
Posted by: alexthechick - SMOD. Now with extra taunting. at March 07, 2013 10:52 AM (VtjlW)
Posted by: Nevergiveup at March 07, 2013 10:53 AM (9Bj8R)
Posted by: alexthechick - SMOD. Now with extra taunting. at March 07, 2013 10:54 AM (VtjlW)
Posted by: The Count of Monte Cristo at March 07, 2013 10:54 AM (e8kgV)
Posted by: NWConservative at March 07, 2013 10:55 AM (k7XhI)
A mandatory anger management program before you can buy ammunition
----
Mandatory economics/history lesson before passing any bill?
Posted by: SH at March 07, 2013 10:56 AM (gmeXX)
Austin.
He was not filibustering for imminent lethal threats, he was talking about some guy sitting in a coffee shop or sleeping at home.
And even if he were, that doesn't matter. If a guy is carrying an M60 and shooting up the place, we don't get to send in a Drone Strike. We send in the appropriate Civil Authorities to stop and apprehend him. (This is assuming US Citizen on US Soil). If they can't apprehend him, they can make the call that public safety requires his immediate dispatch. BUT that's only after they've tried to apprehend.
There might be a few exceptions to this, but I really can't think of any. Even in the example of a re-run of the 9/11 attacks, what would be happening there is disarming the threat (the planes themselves) and it happening to be impossible to do that without killing the US Citizen on board. But that's not targeting the Citizens- or even the terrorists- but the plane. If we had some way to stop the plane without killing those aboard, then that would be the correct answer- we just don't.
US Citizens on US Soil get Due Process. That's it. Period. End of paragraph.
Police are forced to shoot people they'd rather capture on a semi-regular basis. That doesn't mean they're not trying to capture them. Simply saying, "Nope, kill him" is not the way we handle things.
Posted by: AllenG (Dedicated Tenther) Channelling Breitbart at March 07, 2013 10:56 AM (xN73L)
Posted by: Zombie John Maynard Keynes at March 07, 2013 10:56 AM (HsHyK)
Posted by: zsasz at March 07, 2013 10:57 AM (MMC8r)
No good deed goes unpunished.
Posted by: zmdavid at March 07, 2013 10:57 AM (x/juM)
Posted by: Merovign, Dark Lord of the Sith's Other Mobile[/i][/i] at March 07, 2013 10:57 AM (bxiXv)
Posted by: naturalfake at March 07, 2013 10:58 AM (j2lYi)
Posted by: nip at March 07, 2013 10:58 AM (11Tdq)
Posted by: Bosk at March 07, 2013 02:38 PM (n2K+4)
Fresh out Swedes. Will this do?
http://www.estarguapas.com/wp-content/uploads/2012/04/Miss-canada.jpg
Posted by: Alberta Oil Peon at March 07, 2013 10:58 AM (673KB)
Lol.
Posted by: 19th Century America at March 07, 2013 10:59 AM (/kI1Q)
Posted by: Big Fat Meanie at March 07, 2013 10:59 AM (Ec6wH)
I lived in Japan off and on from 1988 (peak of the Bubble years) through 2010, including a stretch from 1990-1994 when the Bubble collapsed, and most recently from 2007-2010.
It is painful to feel, just in the ambience of the place, how much of the economy there is stagnant, even in the Tokyo metropolitan region which is the richest part of the country.
Note also that the political class is really only a tip-of-the-iceberg problem there, if we're focusing only on the "privileged-classes-that-plunder" aspect (and there are certainly myriad other aspects to the problems with Japan's economy).
The greatest chunk of the proverbial iceberg is the bureacratic class, which functions as a huge patronage machine crushing sovereign individuals as surely as the much-studied (and similarly daunting) phenomenon of Japanese sociocultural pressure. This bureaucratic class does what it does not only at the national-government level, but pervasively throughout all manifestations and mechanisms of governance and regulation in every corner of Japan.
Obama is growing that very same monster in America.
Posted by: RamonAllones at March 07, 2013 10:59 AM (3lLli)
Posted by: zmdavid at March 07, 2013 10:59 AM (x/juM)
Posted by: alexthechick - SMOD. Now with extra taunting. at March 07, 2013 11:00 AM (VtjlW)
Hell Ace.
You don't have to look overseas to find a country that prospered after slashing expenditures.
It happen HERE, right after WWII. All the "Roosevelt Progressives" were wringing their hands about economic disaster if the fed turns off the spigot of war time spending. Truman ...... to his credit.... went along with his "do nothing Congress" and curbed back the Fed spending levels.
Posted by: fixerupper at March 07, 2013 11:00 AM (nELVU)
Maintaining the status quo would have meant removing the sequester. They did not do so.
Pre-sequester discretionary budget authority subject to caps: $1.043T
Post-sequester discretionary budget authority subject to caps: $984B
http://1.usa.gov/13Fnf5X
Posted by: 80sBaby at March 07, 2013 11:00 AM (YjDyJ)
So, I've been hanging out at Daily Kooks again.. just because I am masochistic.. and I love stirring up the rabble.. it's too easy though.
But there is this idea the libtard experts over there are floating that debt doesn't matter. It is simply "on paper", and we can eliminate it by fiat at any time. To paraphrase Verbal Kint: "And poof - just like that, it's gone."
These are some pretty scary mo-fo's.. not because they are goofy. But, because they really believe this!
Posted by: Chi-Town Jerry at March 07, 2013 11:01 AM (f9c2L)
and used part of the money on highly-advertised programs to ensure children and grandchildren are never born in the first place.
Posted by: HeatherRadish™ needs a beer at March 07, 2013 11:02 AM (/kI1Q)
Ha, just heard on the radio "The VAWA also allows gay groups a way to apply for grants".
That 'violence' word, I don't think it means what they think it means.
Posted by: Guy Mohawk at March 07, 2013 11:03 AM (p/cQy)
Posted by: Merovign, Dark Lord of the Sith's Other Mobile[/i][/i] at March 07, 2013 11:04 AM (bxiXv)
Posted by: Bigby's Force Choke at March 07, 2013 11:04 AM (U50+B)
Posted by: hermes trismagistus at March 07, 2013 11:04 AM (EWu0n)
Posted by: Mr. Moo Moo at March 07, 2013 11:04 AM (HDgX3)
And what, exactly, do they think the (oh, say) Chinese would do if we tell them "You f*cked up. You trusted us?" Do they think the PRC would say, "Nuts," or do they think the PRC would say, "North Korea can't hit the broad-side of a barn. Want to see what our ICBMs can do?"
Posted by: AllenG (Dedicated Tenther) Channelling Breitbart at March 07, 2013 11:04 AM (xN73L)
Posted by: hermes trismagistus at March 07, 2013 03:04 PM (EWu0n)
_____________
Budget in 2007: $150 billion
Budget in 2013: $1500 billion
Yea no difference between Democrats and Republicans running things.
Posted by: Mr. Moo Moo at March 07, 2013 11:05 AM (HDgX3)
Posted by: hermes trismagistus at March 07, 2013 11:06 AM (EWu0n)
Let me just quickly add to my #132 comment above, that my 1990-94 Tokyo stint was when I worked "in the belly of the beast" so to speak in Japan Inc. I worked in one of the top Japanese engineering/construction-management companies (to call it "the Bechtel of Japan" would be accurate and then some).
We totally depended on government mega-projects to stanch the private-sector red ink that began spouting in the early 1990s. And we were (rightly) subjected to equally massive corruption/bribery investigations during (but not because of!) my tenure there.
The construction industry inhaled humungous quantities of Japanese taxpayer monies throughout these past two "lost" decades in a vain attempt to administer a political/bureaucratic-class-led effort to maintain power while giving the Japanese citizenry the proverbial mushroom treatment.
Posted by: RamonAllones at March 07, 2013 11:06 AM (3lLli)
Posted by: The at March 07, 2013 02:52 PM (e8kgV)
Shortly after the election I kept thinking that the voters must have been very stupid to have bought Obama's claims that after four yours of his stewardship the new debt is still Bush's fault. After further thought I came to the conclusion that the voters knew whose fault it was but were not concerned. They figured that there would always be enough of 'others' who could be used to pay for their goodies and trusted Obama to make sure they were never included in the 'others' group. Even someone as supposedly clever as Donna Brazile bought this line of thinking.
Posted by: Decaf at March 07, 2013 11:06 AM (Dqox6)
Posted by: AmishDude at March 07, 2013 11:06 AM (T0NGe)
.........
You can't use post-WW II America as an example. The world was a mess. Europe and Japan had nearly all their manufacturing capabilities destroyed.
We had taken off in that regard during WW II. After, the world needed "stuff" and we were the ones to make it. (And lend them the money to buy it! Bonus!)
THAT's the reason we prospered after WW II. Not because we stopped spending.
Posted by: Chi-Town Jerry at March 07, 2013 11:06 AM (f9c2L)
That's after the last relevant budget.
Look at the Budget in 2006 (the last one a Republican House and Senate passed).
Posted by: AllenG (Dedicated Tenther) Channelling Breitbart at March 07, 2013 11:06 AM (xN73L)
SS Trust fund is holding around $2.5T in government paper. Go ahead; tell them to get lost.
Posted by: fluffy at March 07, 2013 11:08 AM (z9HTb)
Posted by: Iblis at March 07, 2013 11:08 AM (9221z)
Posted by: joeindc44 wonders if anyone has any advice for the GOP at March 07, 2013 11:08 AM (QxSug)
Look at the Budget in 2006 (the last one a Republican House and Senate passed).
Posted by: AllenG (Dedicated Tenther) Channelling Breitbart at March 07, 2013 03:06 PM (xN73L)
____________
I wrote budget, I meant deficit.
The deficit this year is 10 times - yes ten times - the size of the 2007 deficit under evil Bush.
Posted by: Mr. Moo Moo at March 07, 2013 11:08 AM (HDgX3)
Posted by: Iblis at March 07, 2013 11:08 AM (9221z)
That's a good point, too. If we just "cancel" all this debt, the people most vulnerable are going to be SS and Medicare recipients (mostly the same people).
Posted by: AllenG (Dedicated Tenther) Channelling Breitbart at March 07, 2013 11:09 AM (xN73L)
Posted by: Regular Moron [/i] at March 07, 2013 11:09 AM (feFL6)
Posted by: Lizzy at March 07, 2013 11:09 AM (QEUX+)
Posted by: Wally in Walla Walla at March 07, 2013 11:09 AM (Dll6b)
Posted by: rickb223 at March 07, 2013 11:09 AM (GFM2b)
Did MadisonConservative change to hermes trismagistus? They sound similar, except for MC's obsession with other mens' balls.
NTTAWWT
Posted by: Barack Hussein Obama at March 07, 2013 11:10 AM (ggRof)
What turned a 1 year recession into a 5+ year recession is the govt stepping in to "help homeowners". Bush and Obama are both guilty of this.
Posted by: Mr. Moo Moo at March 07, 2013 11:10 AM (HDgX3)
I don't think the Japanese were actively trying to destroy themselves. They were just stupid.
Posted by: elevenwing at March 07, 2013 11:11 AM (KXm42)
Posted by: Wally in Walla Walla at March 07, 2013 11:12 AM (Dll6b)
Posted by: alexthechick - SMOD. Now with extra taunting. at March 07, 2013 11:12 AM (VtjlW)
Posted by: Optimizer at March 07, 2013 11:12 AM (Mxt9o)
That sounds a lot like what happened in the 30s and 40s.
Wow, if only there were a discipline whereby we could study the events of the past and learn lessons from them to apply to the events of the modern day...
Posted by: AllenG (Dedicated Tenther) Channelling Breitbart at March 07, 2013 11:12 AM (xN73L)
Sadly, some Republicans adopted the "tax cuts are spending" argument during the fiscal cliff debate.
Posted by: 80sBaby at March 07, 2013 11:13 AM (YjDyJ)
Better watch your mouth. Otherwise His Grace King Petulant, first of his name, will fire up the printing presses and print enough money to pay your asses off overnight.
Posted by: MikeTheMoose DOOMCASTER! at March 07, 2013 11:13 AM (0q2P7)
Of course, they think we're crazy anyway, because we want to own guns.
Posted by: AllenG (Dedicated Tenther) Channelling Breitbart at March 07, 2013 11:13 AM (xN73L)
Budget in 2013: $1500 billion
Yea no difference between Democrats and Republicans running things.
-----
Budget in 2013??? What budget??? There aint no stinking budget??
But the point still stands.
Its not that we didnt care..... but it was manageable. If your total deficit is 3-5% of GDP...... but you're experiencing 3-5% growth in GDP..... you can manage it.
Lemme ask you something hermes trismagistus..... when the dollar goes **pop**..... you think you are somehow going to be insulated from the ensuing carnage.
This will eat all of us alive.
Today..... the deficit is a trillion plus.... four years running. deficits aaproaching 10% of GDP.... with GDP growth 1-2%.... if you believe the govt numbers. And total debt now over 100% of GDP.
Posted by: fixerupper at March 07, 2013 11:14 AM (nELVU)
One of them responded when I asked those type of questions: "We'll print money."
Posted by: Chi-Town Jerry at March 07, 2013 11:14 AM (f9c2L)
Posted by: Merovign, Dark Lord of the Sith's Other Mobile[/i][/i] at March 07, 2013 11:15 AM (bxiXv)
Posted by: fixerupper at March 07, 2013 11:16 AM (nELVU)
Posted by: CanaDave at March 07, 2013 11:16 AM (jP+OD)
Posted by: Dr Spank at March 07, 2013 11:16 AM (w+Dvf)
Posted by: Compound Interest at March 07, 2013 11:16 AM (QupBk)
Posted by: SH at March 07, 2013 11:16 AM (gmeXX)
Yeah, when we say that in North Texas, we're talking hail storms. Though the two words are similar enough I can see where the confusion would come in.
Posted by: AllenG (Dedicated Tenther) Channelling Breitbart at March 07, 2013 11:16 AM (xN73L)
163 I'm confused: why do we need the Violence Against Women Act when all we need to do is tell men "don't rape", "don't beat women", etc.?
--------
Heh.
It's a stupidly named piece of legislation, too.
On one hand, it sounds like it's advocating violence against women...as though it's declaring open season on women.
On the other hand, it sounds sexist.
Why just women? Is violence against men...okay?
Posted by: wheatie at March 07, 2013 11:16 AM (QPnFm)
Punkass bitch
Posted by: elevenwing at March 07, 2013 03:14 PM (KXm42)
Corrected for accuracy.
Posted by: © Sponge at March 07, 2013 11:17 AM (xmcEQ)
Posted by: Regular Moron [/i] at March 07, 2013 11:17 AM (feFL6)
China is pretty smarmy but they always look out for China. Giving the heaviest armed country in the world an excuse to reduce their principal economic rival to ash and wondering tribes, but mostly ash, is not the type of mistake China would make.
Posted by: MikeTheMoose DOOMCASTER! at March 07, 2013 11:17 AM (0q2P7)
I am graduating this May, and I wanted to share some news with you guys! I have been asked to go to a second interview with a securities advisory firm! I am incredibly stoked, and I thought I would share the news with you guys!
Posted by: Knndlb at March 07, 2013 11:17 AM (O/MId)
Posted by: Libtardo at March 07, 2013 11:17 AM (R7uOf)
Posted by: CanaDave at March 07, 2013 03:16 PM (jP+OD)
True dat. But at least we hit bottom, and are now swimming toward the light at the surface. Leastwise as long as the Spawn of Satan doesn't gain power in the next Federal election.
Posted by: Alberta Oil Peon at March 07, 2013 11:18 AM (673KB)
Posted by: Merovign, Dark Lord of the Sith's Other Mobile[/i][/i] at March 07, 2013 11:19 AM (bxiXv)
Posted by: joeindc44 wonders if anyone has any advice for the GOP at March 07, 2013 11:19 AM (QxSug)
Possibly. Of course, ICBM != Nuclear Payload (necessarily), and the first launch could be against a proxy nation (Taiwan, for instance). The point being that stiffing a major military power on the debt you owe to them is a good way to start a war.
Posted by: AllenG (Dedicated Tenther) Channelling Breitbart at March 07, 2013 11:19 AM (xN73L)
yeah they do, but they're old school.
Like the Chat n' Chew. Run by Miss Ruby who is now 70, and still keeps a .38 in the register.
Y'all come back now.
Posted by: Jones in CO at March 07, 2013 11:19 AM (8sCoq)
All the women at the Department Of Don't Rape, Dude have to be paid $600k/year so we won't lose the best and brightest of them to the private-sector Don't Rape, Dude companies who Don't Rape for profit.
Also, they wanted diamond toilets, and you're against rape, aren't you?! so we bought them diamond toilets with your money.
Posted by: oblig. at March 07, 2013 11:19 AM (cePv8)
Herr Troll's premise that no one complained or criticized it is flat-out wrong. Conservatives did indeed criticize Bush for it.
As did some proggs, although it turns out they were just angry he didn't spend enough, or spent it while white, or didn't make out the check to them, or something.
Posted by: HeatherRadish™ needs a beer at March 07, 2013 11:20 AM (/kI1Q)
Posted by: MikeTheMoose DOOMCASTER! at March 07, 2013 11:21 AM (0q2P7)
Posted by: Merovign, Dark Lord of the Sith's Other Mobile[/i][/i] at March 07, 2013 11:22 AM (bxiXv)
I am graduating this May, and I wanted to share some news with you guys! I have been asked to go to a second interview with a securities advisory firm! I am incredibly stoked, and I thought I would share the news with you guys!
Posted by: Knndlb at March 07, 2013 03:17 PM (O/MId)
____________________
Cool.
If the process is anything like it was for me 15 years ago, expect a 3rd and 4th and 5th interview as well before you get the job. But making it from 1 to 2 is huge.
Posted by: Mr. Moo Moo at March 07, 2013 11:22 AM (HDgX3)
True dat. But at least we hit bottom, and are now swimming toward the light at the surface. Leastwise as long as the Spawn of Satan doesn't gain power in the next Federal election.
I agree...things have lightened up a bit since Harper got in.
Which one is the Spawn of Satan? there are so many...I'm currently tolerating a pig of a Premier of Quebec calling herself 'Prime Minister of Quebec'
Posted by: CanaDave at March 07, 2013 11:23 AM (jP+OD)
Posted by: joeindc44 wonders if anyone has any advice for the GOP at March 07, 2013 11:23 AM (QxSug)
Posted by: Merovign, Dark Lord of the Sith's Other Mobile[/i][/i] at March 07, 2013 11:24 AM (bxiXv)
Posted by: Knndlb at March 07, 2013 03:17 PM (O/MId)
Congrats! Hope all goes well, and you get the job.
Posted by: wheatie at March 07, 2013 11:25 AM (QPnFm)
"31 American politicians don't give a fuck what history says, they are SMARTER and will DO IT RIGHT this time showing everyone else in the world and history that they are fucking stupid.
Didn't John Kerry say that socialism fails because they're not doing it right?"
I don't now about Kerry, but I distinctly remember being surprised when Obama once brought up the subject of the famous satellite photo of Korea, which shows the stark contrast between capitalism and communism. He described the abject poverty in North Korea as being a result of being "closed" (!). As if they were only more "open", everything would be honky-dory there, and it has NOTHING to do with being a f-ing commie dictatorship.
I'm STILL taken aback by that kind of stuff. And Carter, lamenting about Chavez's death? I knew he said a lot of far-out libtard crap, but that's really further than expect from ANY non-Obama past president. Wow. I STILL can't believe the post-Obama era hasn't begun. Something is very, very wrong.
Posted by: Optimizer at March 07, 2013 11:25 AM (Mxt9o)
Obama is spending way too much
Yeah But Bush Did Too!!
Obama is killing people indiscriminately
Yeah But Bush Did Too
XYZ is happening and it's bad
Yeah but XYZ was happening with Bush too
It's all they got.
Posted by: Mr. Moo Moo at March 07, 2013 11:25 AM (HDgX3)
Posted by: Jones in CO at March 07, 2013 11:25 AM (8sCoq)
Posted by: Merovign, Dark Lord of the Sith's Other Mobile[/i][/i] at March 07, 2013 11:26 AM (bxiXv)
Yeah that would be too bad....for Taiwan. China has slowly come to the realization that they got F*ked and there really isn't a lot they can do about it. They will get their US dollars eventually, they know that. They also know that inflation from M1 flooding will cause them to be worth a lot less. And there isn't much they can say or do about it other than stop buying the bonds. Oh and they could make a play for reserve currency. There's a real threat.
Posted by: MikeTheMoose DOOMCASTER! at March 07, 2013 11:27 AM (0q2P7)
...there's a new thread and everyone goes there.
I think there should only ever be one continuous thread...we can get a ticker kind of thing to watch it stream by like wall street
Posted by: CanaDave at March 07, 2013 11:29 AM (jP+OD)
Posted by: rickb223 at March 07, 2013 03:28 PM (GFM2b)
Thread winner.
Posted by: © Sponge at March 07, 2013 11:29 AM (xmcEQ)
Posted by: joeindc44 wonders if anyone has any advice for the GOP at March 07, 2013 11:29 AM (QxSug)
Posted by: Max Entropy at March 07, 2013 11:31 AM (HsHyK)
Which one is the Spawn of Satan? there are so many...I'm currently tolerating a pig of a Premier of Quebec calling herself 'Prime Minister of Quebec'
Posted by: CanaDave at March 07, 2013 03:23 PM (jP+OD)
Spawn of Satan = Justin Trudeau
Posted by: Alberta Oil Peon at March 07, 2013 11:31 AM (673KB)
Posted by: joeindc44 wonders if anyone has any advice for the GOP at March 07, 2013 11:31 AM (QxSug)
Posted by: akula51 at March 07, 2013 11:32 AM (Vgn84)
Posted by: akula51 at March 07, 2013 11:33 AM (Vgn84)
Posted by: Merovign, Dark Lord of the Sith's Other Mobile[/i][/i] at March 07, 2013 11:40 AM (bxiXv)
Posted by: Merovign, Dark Lord of the Sith's Other Mobile[/i][/i] at March 07, 2013 11:43 AM (bxiXv)
Posted by: joeindc44 wonders if anyone has any advice for the GOP at March 07, 2013 11:53 AM (QxSug)
Communism in the 70's, 80's and early 90's...I've spent most of my life
since I got out of high school in the 80'spaying for those fucker's
spending spree.
Posted by: CanaDave at March 07, 2013 03:16 PM (jP+OD)
And doesn't it make your little heart go pitty-pat knowing that after paying for decades, you're still on the hook for >$17,000 federally and who knows how much for your province's debt.
And if I may be an even sunnier ray of sunshine-y goodness, there's also your share of unfunded public sector pensions.
Posted by: Robin Banks at March 07, 2013 11:53 AM (EjsOc)
Posted by: Merovign, Dark Lord of the Sith's Other Mobile at March 07, 2013 03:43 PM (bxiXv)
High school civics teachers - if any such still exist - must weep. Ninety-five percent of the population think the President sets the budget ("Bush spent all that money!").
Posted by: Jay Guevara at March 07, 2013 12:53 PM (IDSI7)
Spawn of Satan = Justin Trudeau
Posted by: Alberta Oil Peon at March 07, 2013 03:31 PM (673KB)
Don't you mean Pierre Trudeau?
And given Kevin Trudeau's sorry history, it looks like Famiglia Trudeau has some 'splainin' to do.
Posted by: Jay Guevara at March 07, 2013 12:55 PM (IDSI7)
199 also please consider that the dear leader is hiding the true cost of his deficit spending by having the ben bernake keep interest rates waaaayyyyy too low for the rest of the country to operate.
Posted by: joeindc44 wonders if anyone has any advice for the GOP at March 07, 2013 03:19 PM (QxSug)[/i\
He kinda has to, because if interest rates rose to the level necessary to flog off T-bills, the economy would be even deeper in the shitter than it is.
Posted by: Jay Guevara at March 07, 2013 12:58 PM (IDSI7)
I knew early on that SSI probably wouldn't be there when I reached age when I observed how they kept changing the rules while I was in the USN - 20 & full retirement became 20 & partial. I don't remember all the gradations in between {22 & partial plus?} or what was the decided # for full retirement.
Until/unless these "lawmakers" have to eat their own cooking {same bennies as us peons} nothing will change - they will continue to take it all away, as they pile on more & more debt.
Posted by: Amy Shulkusky at March 07, 2013 01:01 PM (bdged)
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Posted by: AllenG (Dedicated Tenther) Channelling Breitbart at March 07, 2013 10:22 AM (xN73L)