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

  1. #151
    Sage

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

    collapse is "eminent?"

    LOL!

    i'm afraid the 30's is US, the 30's is HERE

    even at applebees

    LOL!

    we clearly needed MORE stimulus

    that way unemployment could finally get to that EIGHT POINT NINE we all need

    so we can start to pay down that ONE TRIL OF SERVICE per year

    sure, all those COHERENT stabilizers

    why, they're working today, even as we speak

    ESPECIALLY at applebees!

    have you tried the RIBS?

  2. #152
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    Re: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    Quote Originally Posted by Goobieman View Post
    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)
    Your prediction is not relevant to the discussion. Given your lack of knowledge, insight, and experience in regards to such subjects, i'll give you a pass and forgive your envy. It must truly be hard to be so ingrained to an ideology of which has little basis in the real world.

    My opinion that another depression would have emerged is shared by many of the foremost economic and financial minds on the planet. So there is no burden of proof. You can accept my opinion and argue why you believe it to be false, or not. The choice is yours.

    But given your post history, you have no intention to do so.
    --------------------------------------------------------------

    FWIW

    “There was a time when the credit markets had essentially frozen and when blue chip industrial companies were having trouble raising money,” Paulson said in an interview today on Bloomberg Television. “I knew then we were on the brink.”

    “We easily could have had unemployment of 25 percent,” he said. “That would have meant millions of additional jobs lost, millions of additional homes lost, trillions more lost in savings. It would have been terrible.” “In this country, none of us like bailouts,” he said. “I hated the things we had to do. But they were far better than the alternative.”

    “The credit crisis couldn’t have come at a worse time,” Paulson said, because members of Congress were reluctant to vote for helping the financial institutions, he said.

    “When the markets froze, I knew with certainty we were going to see this negative impact many weeks down the road,” Paulson said. “But many members of Congress hadn’t yet seen it in their districts.”
    Paulson Says U.S. Was ?Close? to Financial Collapse (Update3) - BusinessWeek
    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

  3. #153
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    Re: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    Quote Originally Posted by The Prof View Post
    collapse is "eminent?"

    LOL!

    i'm afraid the 30's is US, the 30's is HERE

    even at applebees

    LOL!

    we clearly needed MORE stimulus

    that way unemployment could finally get to that EIGHT POINT NINE we all need

    so we can start to pay down that ONE TRIL OF SERVICE per year

    sure, all those COHERENT stabilizers

    why, they're working today, even as we speak

    ESPECIALLY at applebees!

    have you tried the RIBS?
    Another failed attempt to respond to my question:

    So ill ask again. Why the high demand for US treasuries?
    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

  4. #154
    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
    Your prediction is not relevant to the discussion.
    That's post #6.
    -Still- waiting for you man up and prove your claim.

    But. given your post history, its clear you have no intention to do so - and thus, my prediction.
    Last edited by Goobieman; 02-16-10 at 05:02 PM.

  5. #155
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    Re: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    Quote Originally Posted by Goobieman View Post
    That's post #6.
    -Still- waiting for you man up and prove your claim.

    But. given your post history, its clear you have no intention to do so - and thus, my prediction.
    Claim? It is a matter of opinion. You are more than welcome to state why i am wrong.
    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

  6. #156
    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
    Claim? It is a matter of opinion.
    You are more than welcome to state why i am wrong.
    That's post #7.
    Keep on going there, bud -- you're doing a -tremendous- job of proving me right.

  7. #157
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    Re: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    Quote Originally Posted by Goobieman View Post
    That's post #7.
    Keep on going there, bud -- you're doing a -tremendous- job of proving me right.
    You are doing a tremendous job at trolling your thread. Again.... If you do not agree with my opinion, you are welcome to refute it.
    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

  8. #158
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    Re: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    why the collapse despite the stabilizers?

    why the collapse so deep?

    despite the stabilizers?

    why 8.9?

    why ONE TRIL PER YEAR by around 2015?

    why the roofless reconstruction of fannie and fred?

    why no bottom in sight for foreclosures?

    why jobless claims still rising?

    why the party's dumping of the second stimulus?

    why their renaming the first?

    because thousands of climatologists around the world agree?

    at applebees?

    despite all those coherent macro stabilizers?

    not good, doctor

    the times are just not good

    the macro stabilizers, despite their coherence, certainly appear to have failed

    50 years of deficit spending...

    tsk tsk

    it appears that bills come due

  9. #159
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    Re: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    Quote Originally Posted by Goldenboy219 View Post
    You are doing a tremendous job at trolling your thread.
    That's post #8

    And you are doing a tremendous job, again, of doing all you can to avoid having to prove your claim.

    Just as I predicted.

  10. #160
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    Re: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    Quote Originally Posted by Goobieman View Post
    That's post #8

    And you are doing a tremendous job, again, of doing all you can to avoid having to prove your claim.

    Just as I predicted.
    You predicted?

    Commenting on an alternative reality is a matter of opinion, and therefore cannot be proved. I really do pity you....
    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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