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Thread: Supreme Court Upholds Obama Health Care Subsidies[W:700]

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    Re: Supreme Court Upholds Obama Health Care Subsidies[W:700]

    Quote Originally Posted by MrT View Post
    Well look there, the total number of employed has continued to increase and currently sits about SIX MILLION above the point when Obama took office.

    US Employment and Jobs | Department of Numbers
    Yep, you are right, 6 million more people working today than when Obama took office, not the 10 million claimed and at a cost of 7.6 trillion added to the debt. Interesting however even with population growth and a recession that number is just 2 million more than when the recession began. In addition the number of part time workers because of economic reasons continues to be a problem you and others refuse to address just like you cannot admit you have been indoctrinated in a failed liberal ideology where feelings trump actual results and data plus the reality that you truly don't understand how our economy works.

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    Re: Supreme Court Upholds Obama Health Care Subsidies[W:700]

    Quote Originally Posted by Conservative View Post
    I posted an article from CNN Money and you picked out BOA ignoring the fact that others were mentioned as well. If one bank was the only bank still shows that the crisis wasn't national in scale but rather still not what you and others want to claim. What TARP did was reward bad behavior but it is credited with saving the banks and the economy, nothing that Obama did. I wasn't for TARP as I understand with poor choices should come failure.
    It wasn't just BoA or JPM. All the big boys got huge loans from Uncle Fed, and those that didn't take loans had ready credit available at any time, which allowed them to make different choices. If GS (which also took massive loans from Uncle Fed) didn't know at any time they could run to the Fed window with toilet paper for collateral and get all the short term money they needed, they'd have had to raise much more short term capital to cover unanticipated shortfalls. As is they could be quite aggressive because the Fed had their back, and would step in and bail them out immediately if there was any run. Further, the Fed short term programs in the $trillions just absolutely rescued the entire system. Without it even the "healthy" firms just couldn't have survived the uncertainty and the locking up of credit. It was just a massive, unprecedented bailout of the big banks by Uncle Fed. $Trillions....

    But the bottom line is you're focusing on a $700 billion TARP program and pretending that an at LEAST $8,000 billion program by the Fed didn't exist.

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    Re: Supreme Court Upholds Obama Health Care Subsidies[W:700]

    Quote Originally Posted by JasperL View Post
    It wasn't just BoA or JPM. All the big boys got huge loans from Uncle Fed, and those that didn't take loans had ready credit available at any time, which allowed them to make different choices. If GS (which also took massive loans from Uncle Fed) didn't know at any time they could run to the Fed window with toilet paper for collateral and get all the short term money they needed, they'd have had to raise much more short term capital to cover unanticipated shortfalls. As is they could be quite aggressive because the Fed had their back, and would step in and bail them out immediately if there was any run. Further, the Fed short term programs in the $trillions just absolutely rescued the entire system. Without it even the "healthy" firms just couldn't have survived the uncertainty and the locking up of credit. It was just a massive, unprecedented bailout of the big banks by Uncle Fed. $Trillions....

    But the bottom line is you're focusing on a $700 billion TARP program and pretending that an at LEAST $8,000 billion program by the Fed didn't exist.
    Yes, and the big boys paid back the loans quickly, what did Obama do with the repayment? I know quite well that the Fed spent a lot of money rewarding bad behavior and continue to do that.

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    Re: Supreme Court Upholds Obama Health Care Subsidies[W:700]

    Quote Originally Posted by Threegoofs View Post
    Well, in fairness, they are completely wrong about a lot of other stuff too.
    Maybe, maybe not. Just because you or someone doesn't like it doesn't make it wrong. And few here are really Constitutional scholars.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Supreme Court Upholds Obama Health Care Subsidies[W:700]

    Quote Originally Posted by ObamacareFail View Post
    I would suggest that you take a course in American Government, specifically in regards to the Separation of Powers and how the US Supreme Court is supposed to work. It's not that we predicted wrong, it's that five of the nine justices acted as activist judges. They legislated from the bench. What they are supposed to do is interpret the constitutionality of a law based on how it is written....not interpret it according to what they would like it to say. The US Spreme Court is of the Judicial branch. If they want to legislate, they should resign from the court and run for congress.
    I have taken a course which is why I know you get a lot wrong. I was a political Science minor, making be just qualified enough to know how little most know about the Constitution. Too often you guys act like we stayed with the articles of confederation. We didn't. And tenth Amendment made a huge move by removing the word expressly concerning state rights. There is plenty of wiggle room in there to allow federal government to do things like they have done, which is why your side loses these cases.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Supreme Court Upholds Obama Health Care Subsidies[W:700]

    Quote Originally Posted by Boo Radley View Post
    I have taken a course which is why I know you get a lot wrong. I was a political Science minor, making be just qualified enough to know how little most know about the Constitution. Too often you guys act like we stayed with the articles of confederation. We didn't. And tenth Amendment made a huge move by removing the word expressly concerning state rights. There is plenty of wiggle room in there to allow federal government to do things like they have done, which is why your side loses these cases.
    "your side"? Exactly what side is that and what side are you on, the massive federal govt. side where personal responsibility issues are delegated to the bureaucrats in D.C. OR the side that our Founders were on where the power was left closest to the people which are at the state level?

    Seems that far too many want the Federal Govt. and the courts to legislate that which are state issues like ACA, Same sex marriage, so what is next? What said are you on?

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    Re: Supreme Court Upholds Obama Health Care Subsidies[W:700]

    Quote Originally Posted by Boo Radley View Post
    I have taken a course which is why I know you get a lot wrong. I was a political Science minor, making be just qualified enough to know how little most know about the Constitution. Too often you guys act like we stayed with the articles of confederation. We didn't. And tenth Amendment made a huge move by removing the word expressly concerning state rights. There is plenty of wiggle room in there to allow federal government to do things like they have done, which is why your side loses these cases.
    "your side"? Exactly what side is that and what side are you on, the massive federal govt. side where personal responsibility issues are delegated to the bureaucrats in D.C. OR the side that our Founders were on where the power was left closest to the people which are at the state level?

    Seems that far too many want the Federal Govt. and the courts to legislate that which are state issues like ACA, Same sex marriage, so what is next? What said are you on?

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    Re: Supreme Court Upholds Obama Health Care Subsidies[W:700]

    Quote Originally Posted by Conservative View Post
    "your side"? Exactly what side is that and what side are you on, the massive federal govt. side where personal responsibility issues are delegated to the bureaucrats in D.C. OR the side that our Founders were on where the power was left closest to the people which are at the state level?

    Seems that far too many want the Federal Govt. and the courts to legislate that which are state issues like ACA, Same sex marriage, so what is next? What said are you on?
    The side that constantly misreads how the court will rule, largely due to a lack of knowledge.

    The Courts didn't legislate any of that. They ruled on the law. I'm on the side of the law and our system.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Supreme Court Upholds Obama Health Care Subsidies[W:700]

    Quote Originally Posted by Boo Radley View Post
    The side that constantly misreads how the court will rule, largely due to a lack of knowledge.

    The Courts didn't legislate any of that. They ruled on the law. I'm on the side of the law and our system.
    So what you are saying is that you support an activist court that rules against States' rights issues?

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    Re: Supreme Court Upholds Obama Health Care Subsidies[W:700]

    Quote Originally Posted by Conservative View Post
    So what you are saying is that you support an activist court that rules against States' rights issues?
    No, I support a court that follows the law. And that is what they did. You calling it activist doesn't make activist.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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