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Scozzafava Suspends Campaign

It would have self corrected, it just would have been painful to go through.

Explain to me how you self corrected when everyone is wiped out. Explain to me how you self correct when your currency is not worth the paper it's printed on. Explain to me how you self correct when there is no financing available. Essentially, we'd be looking at a financial Marshal plan from Europe and China. God forbid that.

In some ways, it would be epic Karma to be forced to take a "Economic Stabilization Plans" that fracked up so many countries from the IMF that we shoved down their throats ourselves.

Why do you think I wanted to bitch slap McCain when he "rushed back to DC to help moderate the bailouts?

This doesn't address what you quoted. When the dollar is no longer used as a currency reserve and as the medium of oil exchange, both highly artificial constructs that interfere with the market principles of actual value, we're going to get the shaft we've prolonged for decades. The dollar's value hasn't been accurate in the market for decades because of artificial constructs in the market. But you don't here the absolute pro-market people saying a thing about removing them for the good of the market. Hypocrites.

I think it's scary likely.

It really depends on how well the economy picks up within the next five years and how big a surplus Congress can build to reduce the debt. As I've been saying for years we're going to have to jack up taxes and cut spending to have any hope of getting out of this hole.
 
A few years at the pre Reagan tax rate of 70% should do the job. :2wave:
 
Explain to me how you self corrected when everyone is wiped out. Explain to me how you self correct when your currency is not worth the paper it's printed on. Explain to me how you self correct when there is no financing available. Essentially, we'd be looking at a financial Marshal plan from Europe and China. God forbid that.
Oh ye of little faith in the American Spirit.
In some ways, it would be epic Karma to be forced to take a "Economic Stabilization Plans" that fracked up so many countries from the IMF that we shoved down their throats ourselves.
Only if we had weak leaders and a paniced populace that believed we were incapable of forging our own success.

This doesn't address what you quoted. When the dollar is no longer used as a currency reserve and as the medium of oil exchange, both highly artificial constructs that interfere with the market principles of actual value, we're going to get the shaft we've prolonged for decades. The dollar's value hasn't been accurate in the market for decades because of artificial constructs in the market. But you don't here the absolute pro-market people saying a thing about removing them for the good of the market. Hypocrites.
I misunderstood what you were referring to and offer an apology.


The dollar become artificial when they removed a hard asset to back it up.
It really depends on how well the economy picks up within the next five years and how big a surplus Congress can build to reduce the debt. As I've been saying for years we're going to have to jack up taxes and cut spending to have any hope of getting out of this hole.

JFK, Reagan and Bush all cut taxes, each saw tax revenues soar. Lesson being, free the markets, free the people, and watch the magic happen.

Cutting spending? HAHAHAHAH... yeah not till Joe American get's over the "I'll vote for whatever politician will bring home the bacon!"
 
A few years at the pre Reagan tax rate of 70% should do the job. :2wave:

You do realize the post Reagan tax period saw MORE revenue then the high tax period before right?

Nah, didn't think so.
 
TaxRevenue.gif


Bah, my internet is slow tonight.
 
You do realize the post Reagan tax period saw MORE revenue then the high tax period before right?

Nah, didn't think so.


Did you know that Reagan did that by tripling the deficit when he run up the largest debt up to that time? Didn’t think so. :2wave:
 
Did you know that Reagan did that by tripling the deficit when he run up the largest debt up to that time? Didn’t think so. :2wave:

You sure you want to argue that each president is responsible for every penny added to the deficit from the day they take office until the day they leave?
 
The important thing is that the Democrat isn't going to win.

Democrats not winning, that should happen in every election.

If the Republican is not much different than the Democrat, then I suggest that it is not such an important thing.
 
If you found out that a male governor didn't cook for his kids, would you be up in arms about it? Of course not, it's only women who are terrible parents if they don't cook and clean around the house.

Damn, good call.

How do you like them apples, Will?

:2wave:
 
You sure you want to argue that each president is responsible for every penny added to the deficit from the day they take office until the day they leave?

Well, spending did go a bit out of control under Reagan, but it was not wasted money. After all, Reagan's policies defeated Communism, and Russia went broke attempting to match us militarily. While I am against overspending, I also realize that, sometimes, in crucial moments of history, it is not such a bad thing. Yes, people CAN blame Reagan for that spending, but I prefer to give him the credit instead. It changed history, and changed it for the better.
 
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Did you know that Reagan did that by tripling the deficit when he run up the largest debt up to that time? Didn’t think so. :2wave:

Who was in charge of the house and senate and forced the deficit spending...

OH yeah, the Democrats. Nice try though kiddo. Reagan reduced taxes, the government revenues sky rocketed, the dems couldn't spend it fast enough.
 
You sure you want to argue that each president is responsible for every penny added to the deficit from the day they take office until the day they leave?

Notice this part of my post, (up to that time) ;)



Besides after the August 81 tax cut, taxes were raised from 82-88.Then the national debt went from$700 billion to $3 trillion.Here,s a pretty good read on President Reagan if you want to have a peek into reality instead of the air brushed fable.

"Reagan's Liberal Legacy" by Joshua Green
 
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Notice this part of my post, (up to that time) ;)



Besides after the August 81 tax cut, taxes were raised from 82-88.Then the national debt went from$700 billion to $3 trillion.Here,s a pretty good read on President Reagan if you want to have a peek into reality instead of the air brushed fable.

"Reagan's Liberal Legacy" by Joshua Green

Reagan spent on military and reduced taxes... closed loopholes.
Congress didn't do their part and kept spending like drunken sailors... just as they are today, except they've replaced alcohol with crack.

You know, we'd have no problems if it wasn't for decades of government programs pushed by the left. None.

Yet you complain that tax cuts ... to 28% is responsible... for the debts?

MORE CRACK!

How about phasing out all the endless "programs" that are killing this country... like 1000 cuts.

Then we'd be fine.

.
 
the gipper a progressive

LOL!

why, sure, libs absolutely adored dear ronnie
 
Who was in charge of the house and senate and forced the deficit spending...

OH yeah, the Democrats. Nice try though kiddo. Reagan reduced taxes, the government revenues sky rocketed, the dems couldn't spend it fast enough.


Your right on Reagan reducing taxes…. the first year, then he got a peek at the record deficits caused by his ill advised tax cuts and he.. Cough, cough, came up with a three year $100 billion tax hike and called it "tax reform”.:roll:

He followed that with a gas tax in 83,then a another three year increase in taxes that he managed to skate out from under by calling the “$50 billion” tax hike closing loopholes. :rofl
 
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Reagan spent on military and reduced taxes... closed loopholes.
Congress didn't do their part and kept spending like drunken sailors... just as they are today, except they've replaced alcohol with crack.

You know, we'd have no problems if it wasn't for decades of government programs pushed by the left. None.

Yet you complain that tax cuts ... to 28% is responsible... for the debts?

MORE CRACK!

How about phasing out all the endless "programs" that are killing this country... like 1000 cuts.

Then we'd be fine.

.

Yeah Congress spent while Reagan slept....hhmm.. I wonder who signed the bills that were passed?:confused:
 
Yeah Congress spent while Reagan slept....hhmm.. I wonder who signed the bills that were passed?:confused:

Congress kept spending.
Pretty amazing don't you think? Reagan got most everything he wanted with Dems running Congress.

How about Bill Clinton and his call on NY-23?

LOL.

.
 
Re: Scozzafava Endorses Democrat After Dropping Out of N.Y. Congressional Race

I actually posted an article supporting my claim. Did you have a specific comment?


So if two other like minded liberals agree with you then it becomes fact right?


:rofl Yeah ok....


j-mac
 
Re: Scozzafava Endorses Democrat After Dropping Out of N.Y. Congressional Race

So if two other like minded liberals agree with you then it becomes fact right?


:rofl Yeah ok....


j-mac


You posted nothing but a taunt (now two). No debate at all. :cool:
 
Re: Scozzafava Endorses Democrat After Dropping Out of N.Y. Congressional Race

You posted nothing but a taunt (now two). No debate at all. :cool:


No, I posted an outing of the bias nature of your supposed information that back up your absurd statements. But you have a point....by all means, lets return to talking about the demo plant Scuzafava.


j-mac
 
Oh ye of little faith in the American Spirit.

Why am I not surprised you have no actual argument?

Only if we had weak leaders and a paniced populace that believed we were incapable of forging our own success.

You talk big, but have no actual plans, arguments or vision.

The dollar become artificial when they removed a hard asset to back it up.

Except all hard assets have their own valuation issues.

JFK, Reagan and Bush all cut taxes, each saw tax revenues soar. Lesson being, free the markets, free the people, and watch the magic happen.

Ireimon has already refuted these arguments time and time again. Furthermore you ignore the massive spending under those Presidents which to any decent student of economics knows will increase GDP, and due to multipliers increase money flowing into the hands of people assuming velocity is reasonable. You are only looking at one side of the equation.
Furthermore, the Laffer Curve is true only on a specific point. And Laffer himself rejected his argument. Moving from 100% marginal tax to 50% will increase activity and taxes. Moving from 35% to 25% is far more questionable in producing your claims.

Cutting spending? HAHAHAHAH... yeah not till Joe American get's over the "I'll vote for whatever politician will bring home the bacon!"

It will happen when the American voter realizes just how screwed we are. In all honesty, Bush and Obama's spending really is immaterial compared to the Financial Oblivion that is coming. An extra $7 trillion in debt is nothing when you are already $50+ trillion in the hole.
 
Did you know that Reagan did that by tripling the deficit when he run up the largest debt up to that time? Didn’t think so. :2wave:

Mr. V doesn't understand the impact of insane government spending in increasing GDP and economic activity. Sure revenues went up...but so did the debt.
 
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