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Thread: Obama promises more than 600,000 stimulus jobs

  1. #41
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    Re: Obama promises more than 600,000 stimulus jobs

    Quote Originally Posted by Harry Guerrilla View Post
    We wish, since our money is created on debt it can't all be repaid.

    During recessions people are more fervent in repaying debt, it starts to approach the point where their is still debt to repay but not enough money to pay it back with, then you have economic cluster ****.

    You know that more money is owed, than is in existence right?
    Default sounds like a better option to me than inflation. Inflation affects everyone, default affects those people who made bad loans and the people who took out the bad loans. You could argue that this would freeze up capital, but why shouldn't it be hard to get? This way only those most trustworthy would get the capital and we invest in those strongest areas of the economy.

    Who shall ascend the hill of the Lord? And who shall stand in his holy place? He who has clean hands and a pure heart, who does not lift up his soul to what is false, and does not swear deceitfully. Psalm 24
    "True law is right reason in agreement with nature . . . Whoever is disobedient is fleeing from himself and denying his human nature [and] will suffer the worst penalties . . ." - Cicero

  2. #42
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    Re: Obama promises more than 600,000 stimulus jobs

    Quote Originally Posted by phattonez View Post
    Default sounds like a better option to me than inflation. Inflation affects everyone, default affects those people who made bad loans and the people who took out the bad loans. You could argue that this would freeze up capital, but why shouldn't it be hard to get? This way only those most trustworthy would get the capital and we invest in those strongest areas of the economy.
    I think you misinterpret me, I don't desire our current monetary and economic policy. In fact I hate it.

    With that said, if we are to preserve our current system as it is, they have to do this ****. I hate it, it sucks but there will be a day when it is no longer supportable.

    I don't think that giving it to the most "trustworthy", is positive because with stimulus junk your trying to spur spending, who else to give it than those who will use it to spend.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
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    Re: Obama promises more than 600,000 stimulus jobs

    Then what exactly are you arguing for? It's already not supportable.

    Who shall ascend the hill of the Lord? And who shall stand in his holy place? He who has clean hands and a pure heart, who does not lift up his soul to what is false, and does not swear deceitfully. Psalm 24
    "True law is right reason in agreement with nature . . . Whoever is disobedient is fleeing from himself and denying his human nature [and] will suffer the worst penalties . . ." - Cicero

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    Re: Obama promises more than 600,000 stimulus jobs

    Quote Originally Posted by phattonez View Post
    Default sounds like a better option to me than inflation.
    Starting over would suck.
    But, its better than where we're headed now.

    Part of the problem is that we have at least three generations of people that see government as a solution to their problems, as opposed to, as it was intended, a way for people to resolve differences with one another.

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    Re: Obama promises more than 600,000 stimulus jobs

    Quote Originally Posted by phattonez View Post
    Then what exactly are you arguing for? It's already not supportable.
    I was just saying that if we are to continue to support our current economic and monetary policy, the government must disburse money.
    Even then it isn't supportable long into the future.

    My preference would be the abolition of the Fed and fractional reserve lending.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
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    Re: Obama promises more than 600,000 stimulus jobs

    Obama keeps saying that the American people will get paid back. I may be stupid, but I am not going to believe that crap. We paid our taxes with good money. Does anyone think we will ever get that money back?

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    Re: Obama promises more than 600,000 stimulus jobs

    Quote Originally Posted by Catman View Post
    Obama keeps saying that the American people will get paid back. I may be stupid, but I am not going to believe that crap. We paid our taxes with good money. Does anyone think we will ever get that money back?
    You'll get the same dollar amount back maybe.

    Who shall ascend the hill of the Lord? And who shall stand in his holy place? He who has clean hands and a pure heart, who does not lift up his soul to what is false, and does not swear deceitfully. Psalm 24
    "True law is right reason in agreement with nature . . . Whoever is disobedient is fleeing from himself and denying his human nature [and] will suffer the worst penalties . . ." - Cicero

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    Re: Obama promises more than 600,000 stimulus jobs

    Quote Originally Posted by Harry Guerrilla View Post
    Although I think we would of been better off if they had just cut everyone a check for $10,000.
    That would make the $10,000 you have, and the next $10,000 you earn worth less, etc, etc, etc.

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    Re: Obama promises more than 600,000 stimulus jobs

    Quote Originally Posted by Harry Guerrilla View Post
    You know that more money is owed, than is in existence right?
    That's usually the case. Person borrows money uses it to create business that didn't exist any more, and pays the loan back.

    The business created new money.

    If the economy grows, there's no problem owing more than what currently exists on hand, so long as mature adults are around to make sure it's paid back and otherwise handled wisely.

    Unfortunately, we don't have mature adults in Washington, we have The Messiah and his Apologostles.

    (Oh, that's terrible)....

    Anyways, it is possible to get back to prosperity from where we're at.

    If we stop empowering Obama.

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    Re: Obama promises more than 600,000 stimulus jobs

    Well, shutting down all the unconstitutional aspects of the federal government tomorrow would be a disaster, alrighty.

    Phasing out all the unconstitutional aspects of the federal government over a period of a year or two would give the country time to adjust.

    This week, cancel the Corporation for Public Broadcasting and auction off all publicly held properties and licences.

    Just axe the National Endowment for Bad Artists and the Humanities without warning.

    There, I just found something like 500 million dollars where The Messiah was proud to have cut a mere 100.

    See how easy it is?

    Ethanol subsidies raise the cost of food and do nothing for energy indepence. Tell 'em to sell their corn on the open market this year.

    Hey! Look! Obama just discovered the Federal Government is paying farmers to not grow food. So shouldn't everyone who doesn't grow food be paid the same? Cost too much money? Then don't pay farmers to raise weeds, don't pay them at all, they're private businesses in a capitalist country, aren't they?

    See how easy it is to cut federal spending?

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