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The Great Bush Recession
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Jan 2, 2014 11:09:06   #
Coos Bay Tom Loc: coos bay oregon
 
What do you do with familys who have lived and worked here for years have children who only speak english and really have no place to go? I am native American as far as I am concerned you are illegal. The europeans didn't seek permission to come here they just came and took by force introduced diseases sometimes purposly and instituted an eradication program.All the excuses like I didn't do it or that was along time ago don't change a fact. Cruelty is cruelty.
DennisDee wrote:
If we don't have enough jobs why is Obama pushing for amnesty?

Reply
Jan 2, 2014 11:24:27   #
VladimirPee
 
So you basically think America should have no borders or immigration laws? You think we should operate massive welfare states like Indian reservations? I sense that you are pissed your people lost wars and land and now you want to payback whitey. Sorry son.



fom wrote:
What do you do with familys who have lived and worked here for years have children who only speak english and really have no place to go? I am native American as far as I am concerned you are illegal. The europeans didn't seek permission to come here they just came and took by force introduced diseases sometimes purposly and instituted an eradication program.All the excuses like I didn't do it or that was along time ago don't change a fact. Cruelty is cruelty.

Reply
Jan 2, 2014 11:56:31   #
vernon
 
fom wrote:
[The reply saying Balanced bugets and reduced deficits are bad for democrats who want to attract voters who want government freebies is biased and just plain wrong.quote=Hungry Freaks]OK Dennis, so the INTEREST on the national debt in 2008 was $451 billion, half of the TOTAL national debt of about $900 billion was in 1981 when Ronald Wilson "deficits don't matter" Reagan took office. Does that make you feel any better? And, yes, I hear the man utter those words himself. He said the annual deficits "would kill entitlements for the next hundred years."

I'm not surprised that those who seek to make the man a myth would want to hide those remarks. But he said them.

Cheney's remarks on no less damning.

It seems deficits and the national debt are only important when Democrat is in the White House. And when there's good news on deficit spending and the debt, it's not the Democrat in the White House who is responsible for the good news, it's the Republican-conrtolled Congress. Or when there's good news on the debt and annual deficits, it's the Republican in the White House and not the Democrat-controlled Congress. Having it both ways.

"Membership in the Grand Old Party means never having to say your wrong."
The reply saying Balanced bugets and reduced defi... (show quote)
[/quote]

when rwr took office we on the verge of a fiscal collapse interest rates were 12%and heading up. he cut taxes and regulations and got this country into a boom in just 3 1/2 years .your just wanting to demonise him but he was right,and in the recovery he had the unemplyment going down a 1mil a month.now compare his operation to obama and maybe youll understand

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Jan 2, 2014 11:58:41   #
vernon
 
DennisDee wrote:
So you basically think America should have no borders or immigration laws? You think we should operate massive welfare states like Indian reservations? I sense that you are pissed your people lost wars and land and now you want to payback whitey. Sorry son.



no he just blowing off steam he just need a bottle

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Jan 2, 2014 11:59:38   #
Coos Bay Tom Loc: coos bay oregon
 
spoken like a white man.You missed the whole point and tried to make things what they are not. Your whole strategy is one of avoidance. The issue of immigration will not go away and there will always be bigots like you. Icecream melts and cement cracks.
DennisDee wrote:
So you basically think America should have no borders or immigration laws? You think we should operate massive welfare states like Indian reservations? I sense that you are pissed your people lost wars and land and now you want to payback whitey. Sorry son.

Reply
Jan 2, 2014 12:06:21   #
VladimirPee
 
Once again trying to avoid the issues. You want freebies , open borders, want to give our jobs for illegals. You can't have it all. It is you who are avoiding. You want to give give give from someone elses wallet

Your racist comment was expected.



fom wrote:
spoken like a white man.You missed the whole point and tried to make things what they are not. Your whole strategy is one of avoidance. The issue of immigration will not go away and there will always be bigots like you. Icecream melts and cement cracks.

Reply
Jan 2, 2014 12:12:58   #
vernon
 
DennisDee wrote:
Once again trying to avoid the issues. You want freebies , open borders, want to give our jobs for illegals. You can't have it all. It is you who are avoiding. You want to give give give from someone elses wallet

Your racist comment was expected.


fom if you want to destroy this nation just let these guys destroy our borders.not a nation in history has survived after they loose control of their borders.

Reply
Jan 2, 2014 12:42:01   #
Hungry Freaks
 
Yeah, just like 'I've just declared Russia illegal. Bombing begins in 10 minutes" was a joke. I'm laughing although you can't see it. I'll bet they were laughing in the Kremlin.

Just like the taxpayers were laughing when "the deficit is big enough to take care of itself." Very funny.

Or when Obama said of some young kid who had eyes on his daughter: "I've got two words for you: predator drones." Deadly funny.

A good rule of thumb: there as much, if not more, truth in what one says in anger or humor than what they say in conventional conversation.

DennisDee wrote:
Actually there were many conservatives who spoke out against Bush spending . I can provide you will links to articles if you wish.

Now for your Reagan quote

am not worried about the deficit. It is big enough to take care of itself. Joke at the Gridiron Club annual dinner. (24 March 1984)


You obviously found the quote and knew the source was a joke from a dinner right?? Yes or No?

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Jan 2, 2014 12:47:22   #
VladimirPee
 
You had no idea you were quoting a JOKE from a Dinner. Nice attempt to squirm your way out.

Wrong on all counts as usual

Hungry Freaks wrote:
Yeah, just like 'I've just declared Russia illegal. Bombing begins in 10 minutes" was a joke. I'm laughing although you can't see it. I'll bet they were laughing in the Kremlin.

Just like the taxpayers were laughing when "the deficit is big enough to take care of itself." Very funny.

Or when Obama said of some young kid who had eyes on his daughter: "I've got two words for you: predator drones." Deadly funny.

A good rule of thumb: there as much, if not more, truth in what one says in anger or humor than what they say in conventional conversation.
Yeah, just like 'I've just declared Russia illegal... (show quote)

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Jan 2, 2014 13:01:23   #
vernon
 
fom if they destroy this nation your good life goes with it.why cant you see the demorats use every trick in the book to cut our wages they passed nafta then china now they want to bring in the whole pacific rim,and they want to give amnesty just to lower wages even more.this can only bring disaster to the working man.and as far a the illegals are concerned send them back!



fom wrote:
What do you do with familys who have lived and worked here for years have children who only speak english and really have no place to go? I am native American as far as I am concerned you are illegal. The europeans didn't seek permission to come here they just came and took by force introduced diseases sometimes purposly and instituted an eradication program.All the excuses like I didn't do it or that was along time ago don't change a fact. Cruelty is cruelty.

Reply
Jan 2, 2014 13:05:12   #
Hungry Freaks
 
They myth that Reagan 'saved" the economy is must that-a myth. Interest rates were high for no logical reason except that some people, including many members of the Middle Class, were making big bucks off of them. The rates, and inflation, had been rising since at least Nixon was in office, perhaps even Johnson. Remember Ford's "WIN" buttons-"Whip Inflation Now." It helped those who had savings and hurt those who wanted to, or needed to, borrow.

These things tend to go in cycles, depending on how you manipulate the monetary supply. We've had artifically low interest rates for 10-15 years, a bi-partison effort that gives no one an incentive to save. Just buy, buy and buy more. And doing so (keeping rates low) will eventually bite us on the backside.

Reagan claimed that he had done away with the business cycle by manipulation of the monetary supply and by tax cuts. It's no surprise the that national debt skyrocketed under Reagan. And increased exponentially under every president since save one-Bill Clinton. And the business cycle hasn't gone away. It has mutated. We still have bull and bear markets, booms and recessions caused by a number of factors-some which can be tied to the government, some that cannot.

I don't want to demonize Reagan-I just don't want to lionize him for things he didn't do. Besides, he was just a shill for some big-time West Coast money men, some of whom were still slithering around DC as recently as 2008.

And if you want to claim Reagan responsible for the economy back then, who is responsible for today's record corporate profits, record amounts of cash on hand for these corporations or a stock market that has doubled in value during the past 12 months?

Let me guess-Republicans in Congress.

Middle Class wages stagnant? Have been for 30+ years. Unemployment high? Lower than it was five years ago-signficantly lower. Higher taxes? Only those taxes which were set to expire when passed 8-10 years ago.

boom and bust, boom and bust with rebuilding in between.





vernon wrote:
when rwr took office we on the verge of a fiscal collapse interest rates were 12%and heading up. he cut taxes and regulations and got this country into a boom in just 3 1/2 years .your just wanting to demonise him but he was right,and in the recovery he had the unemplyment going down a 1mil a month.now compare his operation to obama and maybe youll understand

Reply
Jan 2, 2014 13:11:46   #
vernon
 
DennisDee wrote:
You had no idea you were quoting a JOKE from a Dinner. Nice attempt to squirm your way out.

Wrong on all counts as usual


rwr personally saved my job.the greens decided that we needed to do away with making refrigerant gas and rwr said he wouldent destroy 35000 good paying jobs just to placate the greens.

Reply
Jan 2, 2014 13:18:06   #
VladimirPee
 
National Debt actually went up 2.7 trillion under Clinton. Actually more than Reagan in dollars. Prime rate was about 6.5% when Carter took office. It was 20.5% when he left office. Here is a chart


http://www.fedprimerate.com/wall_street_journal_prime_rate_history.htm




Hungry Freaks wrote:
They myth that Reagan 'saved" the economy is must that-a myth. Interest rates were high for no logical reason except that some people, including many members of the Middle Class, were making big bucks off of them. The rates, and inflation, had been rising since at least Nixon was in office, perhaps even Johnson. Remember Ford's "WIN" buttons-"Whip Inflation Now." It helped those who had savings and hurt those who wanted to, or needed to, borrow.

These things tend to go in cycles, depending on how you manipulate the monetary supply. We've had artifically low interest rates for 10-15 years, a bi-partison effort that gives no one an incentive to save. Just buy, buy and buy more. And doing so (keeping rates low) will eventually bite us on the backside.

Reagan claimed that he had done away with the business cycle by manipulation of the monetary supply and by tax cuts. It's no surprise the that national debt skyrocketed under Reagan. And increased exponentially under every president since save one-Bill Clinton. And the business cycle hasn't gone away. It has mutated. We still have bull and bear markets, booms and recessions caused by a number of factors-some which can be tied to the government, some that cannot.

I don't want to demonize Reagan-I just don't want to lionize him for things he didn't do. Besides, he was just a shill for some big-time West Coast money men, some of whom were still slithering around DC as recently as 2008.

And if you want to claim Reagan responsible for the economy back then, who is responsible for today's record corporate profits, record amounts of cash on hand for these corporations or a stock market that has doubled in value during the past 12 months?

Let me guess-Republicans in Congress.

Middle Class wages stagnant? Have been for 30+ years. Unemployment high? Lower than it was five years ago-signficantly lower. Higher taxes? Only those taxes which were set to expire when passed 8-10 years ago.

boom and bust, boom and bust with rebuilding in between.
They myth that Reagan 'saved" the economy is ... (show quote)

Reply
Jan 2, 2014 13:25:33   #
vernon
 
fom wrote:
What do you do with familys who have lived and worked here for years have children who only speak english and really have no place to go? I am native American as far as I am concerned you are illegal. The europeans didn't seek permission to come here they just came and took by force introduced diseases sometimes purposly and instituted an eradication program.All the excuses like I didn't do it or that was along time ago don't change a fact. Cruelty is cruelty.


so your saying that we whites should just give every thing up and leave.you dont think cruelty dosent go on now .now as far as eradication is concerned if they had wanted to they could have eradicated your ancesters pretty dam quick,and gen sheridan wanted to but grant stopped him.

Reply
Jan 2, 2014 18:59:19   #
Hungry Freaks
 
Tell me, Dennis, exactly what can a president do about high interest rates?

The answer: nothing but appoint a new head of the Federal Reserve Board. Which is exactly what Jimmy Carter did in 1979.

While the Fed can succumb to political pressure, it can also thumb it's nose at attempts by the government to set interest rates, one of the main functions of the Fed.

After the oil price spirals of 1973 and 1974, inflation was rising, in 1974 at 12.5 %. The fed usually uses interest rate hikes to control inflation, which was then what Nixon appointee of Chairman of the Fed did. In1978 President Carter name William Miller to be chairman of the Fed and in the following year, Miller did nothing as interest rates closed in on 20%. (They never did reach 20% except in non-Fed regulated markets).

In 1979, Carter was fed up with Miller and named Paul Volcker to chair the Fed. More than anyone, including Carter and Reagan, Volcker tamed high interest rates while not allow inflation to spike. By the end of Reagan's first term, interest rates had gone up to 10%, but dropped rather quickly.

It was Volcker, not Reagan that saved the economy.

The inflation of the early 70s actually helped the Middle Class, Those who owned land or other real estate actually saw gains in net wealth due to the 70s inflation. I had land worth $24,000 in 1969 that sold for $84.000 in 1984. As did the high interest rates of the late 70s help others. I know a guy, one of the people who traded US dollars as it tanked in the late 1970s, who bought bonds at 15%. and 17%. All he did for the next 20 years was collect annual interest payment as he sailed his yacht between ports.

Since Greenspan was name Fed chair in 1987, the interest rates have been kept artifically low, hurting those who save. We continue to have artifically low interest rates and low inflation, although there are signs that inflation is making a comeback. It will be interesting to see what happens if it does.

Just as another poster mistook the fed as a branch of the US government, it's not. REad 'The Creature from Jekyll Island" if you want to ready a scary story.

Repeat: The president can do little about interest rates except replace the chairman of the Fed, which is exactly what Carter did. It was that new Carter-appoiinted chairman, Paul Volcker, who did what Reagan gets credit for.



DennisDee wrote:
National Debt actually went up 2.7 trillion under Clinton. Actually more than Reagan in dollars. Prime rate was about 6.5% when Carter took office. It was 20.5% when he left office. Here is a chart


http://www.fedprimerate.com/wall_street_journal_prime_rate_history.htm

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