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Thread: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

  1. #141
    Banned Goobieman's Avatar
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    Re: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    Quote Originally Posted by Goldenboy219 View Post
    The question no "so called" conservative will answer: Why is demand for US treasuries still considerably high? (bid to cover is over 2.25).

    If all this debt is unsustainable, why do banks and foreign entities continue to gobble it up?
    Right on cue, post number 2....

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    Re: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    Quote Originally Posted by Goldenboy219 View Post
    From 1998-2008, the US financial system issued/created/sold etc... around $20 trillion worth of debt, and much of it was stamped AAA.

    We can site the removal of the Glass Steagall, real estate bubbles, investors not paying attention to Tobins Q, etc.....

    The bottom line: a perfect storm arose and guess what. We are all still here, and the parking lot @ Applebee's is always full on a Friday night (unless you are in Detroit). So say what you want about macro stabilizers, the fact of the matter remains.....

    Doing nothing would have been worse. How much worse? Think 1930's worse.

    You have proof or is this more useless opinions

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    Re: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    Quote Originally Posted by Goobieman View Post
    Right on cue, post number 2....
    If you cannot answer the question, then why bother to reply? You are quite close to trolling so it would be best if you left the discussion.
    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: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    Quote Originally Posted by ptif219 View Post
    You have proof or is this more useless opinions
    Proof? What would satisfy your thirst for "proof"?
    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: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    Quote Originally Posted by Goldenboy219 View Post
    Proof? What would satisfy your thirst for "proof"?
    What proof we would have been in a depression? This recession is much closer to the Reagan Carter recession than it is to the depression.

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    Re: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    Quote Originally Posted by ptif219 View Post
    What proof we would have been in a depression? This recession is much closer to the Reagan Carter recession than it is to the depression.
    The last time the financial system collapsed was????? Hint: not 1980.
    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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    Banned Goobieman's Avatar
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    Re: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    Quote Originally Posted by Goldenboy219 View Post
    If you cannot answer the question, then why bother to reply? You are quite close to trolling so it would be best if you left the discussion.
    There's post #3...

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    Re: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    Quote Originally Posted by Goldenboy219 View Post
    Proof? What would satisfy your thirst for "proof"?
    And post #4.
    Just as I predicted.

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    Re: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    Quote Originally Posted by Goobieman View Post
    And post #4.
    Just as I predicted.
    Reaffirming your lack of relevance?

    I wonder how long your baiting/trolling will continue until the mods give you a thread ban.

    Either man up, and stay on topic or GTFO.
    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: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    Quote Originally Posted by Goldenboy219 View Post
    Reaffirming your lack of relevance?
    No... my prediction that you would revert to your usual infantile MO and do everythng you can, for pages and pages, to avoid proving your claim.

    You're doing a great job -- don't stop on my account.

    (That's post #5, BTW)

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