Obama--the grumblings

[classicman]

Originally Posted by TGRR

Opinions are like assholes. Numbers, on the other hand, rarely lie.

Numbers lie all the time - thats what pollsters and statisticians are paid to do.
An asshole however, like you, is a constant.

Originally Posted by classicman

Numbers lie all the time - thats what pollsters and statisticians are paid to do.
An asshole however, like you, are a constant.

Nah...its not the polls and stats.

Its voodoo economics! Its $billions in corrupt contracts! Its the lies about military and civilian casualty counts! Its fudging science to support an ideology!

And after eight years, the people had enough.

[classicman]

Oh thats fucking bullshit and you know it. Like the only ones who ever do anything corrupt are the one on the "other side."

Jeebus cheese itz - get off your high horse.

I never said corruption is one-sided.

Just focusing on the most recent. History will judge if it has been the most corrupt in our lifetime.

[classicman]

P-P-Puhlease....

[Aliantha]

Haliburton...to name one issue of corruption which is unlikely to be judged favourably.

Goodness Classic, surely even you have to admit that's a fact.

[classicman]

Of course it is. Its the onesidedness of it all that bothers me.

[Aliantha]

Well that's just what happens when people are excited about a new leader, and Obama hasn't had time to reveal any direct dealing in corruption yet. If and when the time comes, I guess those of you who are not as happy about his presidency will get to say 'I told you so', but till then, he'll be compared to Bush, and with Bush's history, the comparison isn't going to be good.

It's just the way it is classic. Maybe Redux and others of us will get to eat crow, but for the sake of your country, I hope not.

[classicman]

Obama Declares War on Investors, Entrepreneurs, Businesses, And More

Let me be very clear on the economics of President Obama’s State of the Union speech and his budget.

He is declaring war on investors, entrepreneurs, small businesses, large corporations, and private-equity and venture-capital funds.

That is the meaning of his anti-growth tax-hike proposals, which make absolutely no sense at all — either for this recession or from the standpoint of expanding our economy’s long-run potential to grow.

Raising the marginal tax rate on successful earners, capital, dividends, and all the private funds is a function of Obama’s left-wing social vision, and a repudiation of his economic-recovery statements. Ditto for his sweeping government-planning-and-spending program, which will wind up raising federal outlays as a share of GDP to at least 30 percent, if not more, over the next 10 years.

This is nearly double the government-spending low-point reached during the late 1990s by the Gingrich Congress and the Clinton administration. While not quite as high as spending levels in Western Europe, we regrettably will be gaining on this statist-planning approach.

Study after study over the past several decades has shown how countries that spend more produce less, while nations that tax less produce more. Obama is doing it wrong on both counts.

And as far as middle-class tax cuts are concerned, Obama’s cap-and-trade program will be a huge across-the-board tax increase on blue-collar workers, including unionized workers. Industrial production is plunging, but new carbon taxes will prevent production from ever recovering. While the country wants more fuel and power, cap-and-trade will deliver less.

The tax hikes will generate lower growth and fewer revenues. Yes, the economy will recover. But Obama’s rosy scenario of 4 percent recovery growth in the out years of his budget is not likely to occur. The combination of easy money from the Fed and below-potential economic growth is a prescription for stagflation. That’s one of the messages of the falling stock market.

Essentially, the Obama economic policies represent a major Democratic party relapse into Great Society social spending and taxing. It is a return to the LBJ/Nixon era, and a move away from the Reagan/Clinton period. House Republicans, fortunately, are 90 days sober, as they are putting up a valiant fight to stop the big-government onslaught and move the GOP back to first principles.

Noteworthy up here on Wall Street, a great many Obama supporters — especially hedge-fund types who voted for “change” — are becoming disillusioned with the performances of Obama and Treasury man Geithner.

There is a growing sense of buyer’s remorse.

Well then, do conservatives dare say: We told you so?

[TGRR]

Originally Posted by classicman

Numbers lie all the time - thats what pollsters and statisticians are paid to do.
An asshole however, like you, is a constant.

Well, I can be relied on, anyway, yes?

And of course numbers lie. That's why math doesn't work.

TGRR,
Knows there's a difference between numbers lying and people lying about numbers.

[TGRR]

Originally Posted by classicman

Obama Declares War on Investors, Entrepreneurs, Businesses, And More

Larry Kudlow.

Listen, Larry...if your way worked, your side wouldn't have lost the election. You failed. It's over.

[classicman]

Hey TGRR- thats what this thread is all about - the "evil other side" and what they are saying.
And yes, you can be relied upon for one thing - on that we agree.

[TGRR]

Originally Posted by classicman

Hey TGRR- thats what this thread is all about - the "evil other side" and what they are saying.
And yes, you can be relied upon for one thing - on that we agree.

First you have to assume that there's another side. One "side" bankrupts you paying for stupid wars, and the other bankrupts you paying for stupid bankers.

I fail to see a practical difference.

[Kaliayev]

Bankers are less aesthetically pleasing than wars. There are no booms on the news, and you can't get all jingoistic about it.

I mean, they're not even jumping out of windows yet. So far, Bush wins points for stage-management and cliffhangers.

[TGRR]

Originally Posted by Zhuge Liang

Bankers are less aesthetically pleasing than wars. There are no booms on the news, and you can't get all jingoistic about it.

I mean, they're not even jumping out of windows yet. So far, Bush wins points for stage-management and cliffhangers.

Point. War porn for the redneck crowd is kind of hard to top.