On Tue, 31 Dec 2013 14:02:58 -0800 (PST), " firstname.lastname@example.org"
The $800b stimulus is chump change compared to the $3.5 TRILLION that
ther fed has created out of thin air to keep interest rates at
It certainly takes away the argument that the $60 billion worth of
counterfeit money in circulation debases the currency,
On Tuesday, December 31, 2013 5:31:38 PM UTC-5, email@example.com wrote:
Is that all it is, $3.5 tril? They've been buying bonds at the rate of
$85bil a month for God knows how long now. I would have thought it would
have been a lot more than 3.5tril by now. The scary thing that no one
talks about is that with that unprecedented creation of money, the
economy is still struggling. You would think that much stimulus would
have created a far more powerful recovery. And of course one can only
wonder how long a recovery will last. We're already 4 1/2 years into
this one. What happens if there is another shock, another recession?
The Fed has pretty much thrown everything that have at this one
already. The govt too, unless you think they can double the deficit
On Tuesday, December 31, 2013 5:40:17 PM UTC-5, Daring Dufas: Hypocrite TeaBillie on welfare wrote:
Perhaps you can explain exactly what the GOP has done to "screw" the
recovery. Obama wanted an $800bil stimulus, he got it. He got to
determine who got the vast majority of the TARP program that Bush had
started in 08. He got his Obamacare, which he told the country over
and over was a key part to making a sound and growing economy. He
got record spending levels on food stamps, welfare, etc. He's got a
FED throwing everything but the kitchen sink into trying to stimulate
the economy. They'be been buying $85bil in bonds a month and have
driven interest rates to near zero. You libs even got the tax hike
that you've bitched about.
Now that the economy is screwed, you have to try to blame the GOP.
Some examples of what really screwed the economy:
Obama's anti-business stance, bitching about drug companies,
health insurance companies, the rich, engaging in class warfare.
Halting oil drilling in the Gulf because of one well accident
Blocking the Keystone pipeline to this day.
Pouring $800bil into stimulus that created temporary jobs at
a cost of $300K per job
Blocking Boeing from opening a new plant in SC to build parts
for the 787, because a union in WA is claiming that it's in
retaliation for a strike there years ago, despite the fact
that Boeing had *added* union jobs in WA.
Raising taxes on small businesses
Creating the mess called Obamacare. Business was in the middle
of a severe recession and he piled on more costs, more uncertainty,
more reasons for them to shorten work hours, higher temps instead
of full time, etc.
I'm sure there's plenty I've missed.
I see that you believe in the krwless style of truth:
Federal Regulators Issue Most Deepwater Drilling Permits In The Gulf Of
Mexico Since 2007
On Wednesday, January 1, 2014 12:38:46 AM UTC-5, firstname.lastname@example.org wrote:
The huge increase in drilling in the USA that has boosted our oil
output has come mostly from drilling on *private* land. And boasting
that more permits have been issued in 2013 compared to 2007 shows:
A - What's really going on
B - How dumb MMR is to even bring it up, thinking it helps his case.
And regardless of how many permits are being issued today, how dumb
was it to halt all drilling in the Gulf of Mexico because of one accident,
especially when the economy was in a major recession? Great idea.
Not only do the folks in the Gulf have an oil spill to contend with,
lets throw all the oil well drilling employees with high paying jobs
onto unemployment and food stamps. And let's bankrupt all the support
companies, that supply them with materials, transportation, food,
services, etc. Screw them all, including the wells just started,
that won't reach oil depths for months. Throw them all out of work.
Hell, he's so anti-business I'm surprised he didn't stop all airplane
construction, flights, etc when Boeing had those problems with batteries
on the 787. But he did allow the labor dept to block them from opening
their new plant that employees 3,000 in SC. That' a pretty good try.
Then when the economy is still struggling 5 years later, despite the
Democrats under Obama having complete control of Congress for the
first 18 months, blame it all on the GOP. It's interesting too that now
it's the "GOP". For the first 4 years it was all Bush's fault. Look
back to Reagan. Did he ever blame Carter for anything after he took
office? Not once. That's a leader compared to a divisive, rabble
rousing community activist. And Reagan didn't have to, because his policies
worked. Taking over in circumstances that were as bad as those that
Obama inherited, in 3 years he started a huge economic recovery, one
for the record books, with strong growth. We were creating jobs at a
rate of 300 - 400,000 a month. One month we hit 1.2mil. Double digit
inflation and high interest rates, Tbonds at 18%, were both falling
rapidly. THAT was an economic miracle. Today we're happy to see a
jobs number of 150,000
And why did it work? Not only did he have the right policies and people
around him, he was also a leader. He talked up America, instead of making
apology tours. He brought people together, uniting the country,
even making a friend of
House Speaker Tip O'Neill. He managed to get his goals accomplished
despite never having control of the House and only having control of the
Senate part of the time. And he pushed the Soviet Union into the ash
heap of history, winning the cold war without firing a shot. And all
that time, I never once heard him blame Jimmy Carter for anything.
This was put in place as a short-term measure specific to the needs of
the bad economy. So, either the Obama economy is perking along and it
isn't needed or the Obama economy still sucks and it is needed. Get back
to me when you decide which it is.
"Statistics are like bikinis. What they reveal is suggestive,
but what they conceal is vital."
ron paul by leading the end of extended unemployment benefits, and leading the tea party runs the risk of sts=arting another recession......
tea party plays in congress repeatedly, michelle bachman says so what if our country defaults?
taking all those extended benefits bucks out of the economy is bad policy.
look at the stock market it bubbled again......
we are on the edge of yet another fiscal cliff, and congress is too dumb to know it.
another recession will see the republican party lead by the tea party group shown the door....
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