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Thread: Obama: No Deal Without Tax Hikes

  1. #1761
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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Objective Voice View Post


    Have you any idea what happened to the financial markets in the late summer of 2007? Events that began to run downhill then culmulnated in the collaspe in the housing market of 2008. From the book, "Too Big to Fail", by Andrew Ross Sorkin, pages 89 and 90, referring to events as they began to unfold beginning on August 7, 2007:



    As I've stated from the very beginning of the housing crisis, CORPORATE AMERICAN COULD NOT FIX ITSELF! Therefore, it was incumbant upon the Federal Reserve/Treasury to try and fix the mess the private sector created and did not fully understand itself. TARP was that effort to place liquidity back into the private sector, halting short-sells, bring some measure of confidence back into the financial system. The spike you see in domestic spending beginning in 2008 is a direct result of the massive "capital injection plan" the Fed used to stablize the markets and "stop the bleeding".[/QUOTE]

    TARP was spent passed in fiscal year 2009 and most of it has been spent and most of it has been repaid. Now what?

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by haymarket View Post
    sangha

    Unless we can present an officially notarized and cetrified 567 page detailed plan signed by the Boner and Chinless McConnell in their own blood, it will mean nothing to them.
    Wrong. It will still mean nothing to them. I see cries of "RINO" in their future
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by sangha View Post
    I did not know that the republican running for president, Bachmann, ran an obscure Left Wing blog. Will wonders ever cease?
    Then Michelle Bachmann has a plan to wean people off social security.

    You feel this is a bad idea?

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by haymarket View Post
    It demonstrates just how phony the big right wing build up to this was with telling us that the national debt was the biggest problem we had to face as a nation. The President calls their bluff and all of the sudden its not the debt anymore - its just spending that is the problem.

    freaking hypocrites in empty suits drooling and spitting up on themselves would be too good of a characterization of their 'leaders' like Can't..er.



    Actually, it's the American people who state the budget is too big and we need to reduce spending, Heck I believe even you conceded this point at least once. Fact is now, only one side is actually trying to live within thier means, it's the ignorant far left extremists like Obama who thinks when you are in debt, more debt is the answer.
    Let evil swiftly befall those who have wrongly condemned us

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Swizz View Post
    All I really needed to hear. Pretty much discredits your entire position, no?
    Ever run a business? It doesn't discredit it at all. I believe we have a spending problem, not a revenue problem but if you have a revenue problem you start by going after those who pay nothing now and you focus on stimulating private sector job creation so that 24 million unemployed and underemployed people get back to work paying full taxes. How much tax revenue are you getting from them?

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Grant View Post
    Then Michelle Bachmann has a plan to wean people off social security.

    You feel this is a bad idea?
    Its such a big idea that I think she and ALL republicans should run on it and make it the centerpiece of their campaigns.
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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Grant View Post
    It would be more constructive to discuss the problem of the moment and what the American people can do about it.

    They can continue to borrow and spend but soon the result will be the Germany mark of the early 1920's.
    Borrow and spend was the republican policy under bush*. Now that we have a dem president, borrow and spend is suddenly A Very Bad Thing
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by sangha View Post
    Borrow and spend was the republican policy under bush*. Now that we have a dem president, borrow and spend is suddenly A Very Bad Thing






    There someone found it for you... Puts your chart in perspective, no?
    Let evil swiftly befall those who have wrongly condemned us

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by sangha View Post
    Jesus Christ seemed to think so
    Jesus Christ thought so?

    Another reason why Leftists are seldom sought out for their opinions on Christian teachings.

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by ReverendHellh0und View Post
    Actually, it's the American people who state the budget is too big and we need to reduce spending, Heck I believe even you conceded this point at least once. Fact is now, only one side is actually trying to live within thier means, it's the ignorant far left extremists like Obama who thinks when you are in debt, more debt is the answer.
    Here is a really radical marxist/leninist/trotskyite/bolsehvik/ leftist/communist idea for you and I know how strange and unbelievable this is going to sound

    1) a budget has two sides to it
    2) deal with both sides
    __________________________________________________ _
    There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers

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