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Thread: House Democrats propose $410B spending bill

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    Re: House Democrats propose $410B spending bill

    Quote Originally Posted by Middleground View Post
    Worse, eh? My memory is shaky most times, but yet I feel confident that the US was not on the verge of economic collapse in the early 80's, let alone the banks being completely broke. Did that occur?

    And please, stop it with the personal dramatics. Apart from the depression in the 30s, there as never been a time as dire as today.



    Double digit inflation, 24% interest rates. Yeah, everything was great!
    Let evil swiftly befall those who have wrongly condemned us

  2. #42
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    Re: House Democrats propose $410B spending bill

    Quote Originally Posted by Middleground View Post
    Worse, eh? My memory is shaky most times, but yet I feel confident that the US was not on the verge of economic collapse in the early 80's, let alone the banks being completely broke. Did that occur?
    The US is not on the verge of economic collapse. You're buying into the hype, just as The Obama hoped you would.

    And please, stop it with the personal dramatics.
    Says he who claims the US is on the verge of collapse.

  3. #43
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    Re: House Democrats propose $410B spending bill

    The current situation is not as bad as the Carter years, and we survived those.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

  4. #44
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    Re: House Democrats propose $410B spending bill

    Quote Originally Posted by Orius View Post
    Can someone with some economic background please explain to me the point of this continued spending? I understood the stimulus bill but this second one doesn't make sense according to my knowledge of economics.

    It's as if this President and the previous one are deliberately trying to backrupt the state.
    Obama said he would do what he is doing.
    Joe the Plumber gave us the most memorable potential revelation for ANYONE in doubt.
    Joe let Obama talk, and talk and talk.
    Obama got off script and dropped the bomb.
    Joe was like a professional journalist stringing Obama along.
    Obama bit... hook, line... sinker.
    What happened? They went after Joe, and still do.

    It's tough being in the cross hairs of Obama and his Propaganda Machine.

    The government directed spending, the bailing out of banks has all been tried.
    The banks did exactly as predicted. The money was not used to loosen up the loan market.

    Japan tried to spend their way out of similar challenges and now they call it The Lost Decade. They're not trying it this time around.

    Orius, it makes no sense unless you aim to establish a position of subservience for the majority of the population. Once Obama (FDR, Johnston, Carter, Clinton and their Politburo Congresses) has a majority of the popultion... sucklers on the government teet they will have established a good, obedient, dependent voting base.
    Last edited by zimmer; 02-25-09 at 12:35 PM.
    The Clintons are what happens...
    when you have NO MORAL COMPASS.

  5. #45
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    Re: House Democrats propose $410B spending bill

    Quote Originally Posted by P/N View Post
    The US economy was worse in the 80's than it is today - yes. But in the 80's, the global economy did not yet exist. Today it does, so if the US falters, so does the rest of the world. But I hate bringing FACTS and common sense into an argument where so much emotionalism is used on your part.
    it is way early to be saying anything of the sort. It could easily be argued that trends show it will be worse. On thing clear is those in power are using this calamity to scare people into taking drastic action - and that was happening while Bush was president as well.


  6. #46
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    Re: House Democrats propose $410B spending bill

    Quote Originally Posted by American View Post
    The current situation is not as bad as the Carter years, and we survived those.


    Your kidding right
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: House Democrats propose $410B spending bill

    Quote Originally Posted by Goldenboy219 View Post


    Your kidding right



    How about real world feelings?


    Interest rates?


    Inflation?

    Gas lines?


    How has this recession affected you or others personally like the carter one?
    Let evil swiftly befall those who have wrongly condemned us

  8. #48
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    Re: House Democrats propose $410B spending bill

    Quote Originally Posted by Reverend_Hellh0und View Post
    How about real world feelings?


    Interest rates?


    Inflation?

    Gas lines?


    How has this recession affected you or others personally like the carter one?
    You are describing a completely different animal. I am pertaining to wealth decline.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  9. #49
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    Re: House Democrats propose $410B spending bill

    Quote Originally Posted by Goldenboy219 View Post
    You are describing a completely different animal. I am pertaining to wealth decline.



    But is it not still "economy" and real world effects?

    Remember the "misery standard"
    Let evil swiftly befall those who have wrongly condemned us

  10. #50
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    Re: House Democrats propose $410B spending bill

    Quote Originally Posted by Reverend_Hellh0und View Post
    How has this recession affected you or others personally like the carter one?
    I have no idea how to compare the two. I wasn't alive then.


    As far as right now- I have not been affected in the least. Then again I know how to live within my means.
    I call my own shots, largely based on an accumulation of data, and everyone knows it.
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