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Time for Obama to go 'gangsta' on GOP

starting small

and diminishing

meanwhile, obama's entire agenda is dead
 
Reports of his death are likely greatly exaggerated.
 
his entire agenda's dead

he needs to quit smoking, too

horrible example, weak
 
The Prof said:
his entire agenda's dead

he needs to quit smoking, too

horrible example, weak
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I do believe you’re a closet rapper prof;i have this recurring vision of you standing if front of one of your post, with a boombox going in the background, cap sitting sideways on your dome rapping out one of your post. :2wave:
 
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No way. Then conservatives would call President Obama an overliberating troglydite!
 
apdst said:
In 2008, he planned on wrecking the economy, moreso than what the congressional Democrats had already done. It was the only way he could get elected. Now he is wrecking the economy and it's either intentional, or because he's too weak and stupid to know better.

How else do you explain his suggestion that businesses borrow money to make payroll?
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If you don't know that most businesses borrow money to make payroll, you are out of the loop. They are borrowing the 'capital' that is the basis of capitalism. It's been going on for a very long time.
 
Mickey Shane said:
If you don't know that most businesses borrow money to make payroll, you are out of the loop. They are borrowing the 'capital' that is the basis of capitalism. It's been going on for a very long time.
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I have my own business and the say I have to borrow money to make payroll will be the day I shut the doors, because I'm screwed, anyway.
 
apdst said:
I have my own business and the say I have to borrow money to make payroll will be the day I shut the doors, because I'm screwed, anyway.
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I thought instead of arguing personal experience I'd see what I could find on google:

More specifically, small businesses are having trouble getting financing for worthwhile projects. Small businesses, of course, rely on credit to finance many of their investments today in order pave the way for an ever more profitable tomorrow. In addition, businesses routinely borrow money for operations that they must undertake in advance of receiving payment for the goods and services they produce. In the second quarter of 2008, total non-farm, non-corporate businesses had $3.7 trillion in debt.[7] The ratio of credit to net income, largely sales, fell to 17 percent in the second quarter of 2008—the lowest level since the fourth quarter of 2003. This ratio is well below the recent high of 49 percent in the third quarter of 2007, and roughly half of what it was a year ago (35 percent).[8]

[7] Board of Governors, Federal Reserve System, 2008, Release Z.1 Flow of Funds Accounts of the United States, Washington, DC: BOG.

[8] Calculations based on Board of Governors, Federal Reserve System, 2008, Release Z.1 Flow of Funds Accounts of the United States, Washington, DC: BOG.

Wall Street Leads to Your Street
 
Mickey Shane said:
If you don't know that most businesses borrow money to make payroll, you are out of the loop. They are borrowing the 'capital' that is the basis of capitalism. It's been going on for a very long time.
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Most businesses do NOT borrow money to meet payrolls. I've been a businessman all my adult life and if i would have to borrow money to pay my staff i know id have a problem, and the lender would know the same.
 
Boo Radley said:
I thought instead of arguing personal experience I'd see what I could find on google:

More specifically, small businesses are having trouble getting financing for worthwhile projects. Small businesses, of course, rely on credit to finance many of their investments today in order pave the way for an ever more profitable tomorrow. In addition, businesses routinely borrow money for operations that they must undertake in advance of receiving payment for the goods and services they produce. In the second quarter of 2008, total non-farm, non-corporate businesses had $3.7 trillion in debt.[7] The ratio of credit to net income, largely sales, fell to 17 percent in the second quarter of 2008—the lowest level since the fourth quarter of 2003. This ratio is well below the recent high of 49 percent in the third quarter of 2007, and roughly half of what it was a year ago (35 percent).[8]

[7] Board of Governors, Federal Reserve System, 2008, Release Z.1 Flow of Funds Accounts of the United States, Washington, DC: BOG.

[8] Calculations based on Board of Governors, Federal Reserve System, 2008, Release Z.1 Flow of Funds Accounts of the United States, Washington, DC: BOG.

Wall Street Leads to Your Street
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Borrowing money to fund money making projects is a long way off from borrowing money to make payroll.

To touch on what Grant says here,

if i would have to borrow money to pay my staff i know id have a problem, and the lender would know the same.
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A lender would laugh in your face if you asked to borrow money to make payroll.
 
apdst said:
Borrowing money to fund money making projects is a long way off from borrowing money to make payroll.

To touch on what Grant says here,



A lender would laugh in your face if you asked to borrow money to make payroll.
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Yup, that's what layoffs are for. Rush said the same thing on his show.
 
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