Eff the Dims, the not-so-progressives and the libs...

[TheHumanAlphabet]

As I have said all along, they are after your money, guns and freedom. The Socialist lies about going after guns, calls Americans "Bitter Clingers", so now they want to ban "assault rifles" (whatever the hell that is...), extended mags, our second amendment, the want OUR money, now pushing for a 1 Trillion dollar tax increase, they want to reduce your freedoms, i.e. 2nd Amendment, increase TSA... America, be afraid of these lots, they think they know better than you how to live and will run your lives...

[TAFBSooner]

As I have said all along, they are after your money, guns and freedom. The Socialist lies about going after guns, calls Americans "Bitter Clingers", so now they want to ban "assault rifles" (whatever the hell that is...), extended mags, our second amendment, the want OUR money, now pushing for a 1 Trillion dollar tax increase, they want to reduce your freedoms, i.e. 2nd Amendment, increase TSA... America, be afraid of these lots, they think they know better than you how to live and will run your lives...

THA, don't blame us for the TSA - it was started under that fellow sitting in North Dallas.

You can blame Mr. Obama for drones in the CONUS, increased internet surveillance, and a whole lot of other infringements, though.

If you're affected by the end of the Bush tax cuts for folks making over $450K, my congratulations to you, sir!

[pphilfran]

THA, don't blame us for the TSA - it was started under that fellow sitting in North Dallas.

You can blame Mr. Obama for drones in the CONUS, increased internet surveillance, and a whole lot of other infringements, though.

If you're affected by the end of the Bush tax cuts for folks making over $450K, my congratulations to you, sir!

If the tax increases cause economic growth to slow and my business doesn't grow I have been affected...

[TAFBSooner]

If the tax increases cause economic growth to slow and my business doesn't grow I have been affected...

Wasn't your business affected by the economic disaster we've lived through since the last months of the Bush Administration?

At any rate, consumer spending drives economic growth and the repeal of the Bush tax cuts on the top 2% or thereabouts won't have all that much effect on such spending.

[pphilfran]

Wasn't your business affected by the economic disaster we've lived through since the last months of the Bush Administration?

At any rate, consumer spending drives economic growth and the repeal of the Bush tax cuts on the top 2% or thereabouts won't have all that much effect on such spending.

Why bring up the last recession? It means nothing in regards to future economic growth...

We lose at least 2% of total discretionary spending when we consider the tax increases and the payroll tax going back to the normal level...also, we won't get any help from the Eurozone since they are at recession levels...

With an economy stumbling along at 2% or so GDP growth any tax increase has the risk of dropping us into a new recession... we are messing with fire...

[pphilfran]

Look at these monthly GDP numbers...they are based on the quarterly fed numbers and are an estimate of monthly growth...they can be revised in the future based on fed revisions...

http://www.e-forecasting.com/US_Monthly_GDP.html

Sept down point seven percent
Oct down point four percent
Nov down point one percent

[XingTheRubicon]

Sept down point seven percent
Oct down point four percent
Nov down point one percent

[pphilfran]

If you do wish to discuss the meltdown at the end of the Bush term you should first read up Brooksley Born and then spend an hour and watch The Warning on PBS Frontline...then get back to me and tell me what you think...fair enough?

You can watch it online...

http://www.pbs.org/wgbh/pages/frontline/warning/

A teaser from the doc...

"We didn't truly know the dangers of the market, because it was a dark market," says Brooksley Born, the head of an obscure federal regulatory agency -- the Commodity Futures Trading Commission [CFTC] -- who not only warned of the potential for economic meltdown in the late 1990s, but also tried to convince the country's key economic powerbrokers to take actions that could have helped avert the crisis. "They were totally opposed to it," Born says. "That puzzled me. What was it that was in this market that had to be hidden?"

In The Warning, veteran FRONTLINE producer Michael Kirk unearths the hidden history of the nation's worst financial crisis since the Great Depression. At the center of it all he finds Brooksley Born, who speaks for the first time on television about her failed campaign to regulate the secretive, multitrillion-dollar derivatives market whose crash helped trigger the financial collapse in the fall of 2008.

"I didn't know Brooksley Born," says former SEC Chairman Arthur Levitt, a member of President Clinton's powerful Working Group on Financial Markets. "I was told that she was irascible, difficult, stubborn, unreasonable." Levitt explains how the other principals of the Working Group -- former Fed Chairman Alan Greenspan and former Treasury Secretary Robert Rubin -- convinced him that Born's attempt to regulate the risky derivatives market could lead to financial turmoil, a conclusion he now believes was "clearly a mistake."

Born's battle behind closed doors was epic, Kirk finds. The members of the President's Working Group vehemently opposed regulation -- especially when proposed by a Washington outsider like Born.

"I walk into Brooksley's office one day; the blood has drained from her face," says Michael Greenberger, a former top official at the CFTC who worked closely with Born. "She's hanging up the telephone; she says to me: 'That was [former Assistant Treasury Secretary] Larry Summers. He says, "You're going to cause the worst financial crisis since the end of World War II."... [He says he has] 13 bankers in his office who informed him of this. Stop, right away. No more.'"

Greenspan, Rubin and Summers ultimately prevailed on Congress to stop Born and limit future regulation of derivatives. "Born faced a formidable struggle pushing for regulation at a time when the stock market was booming," Kirk says. "Alan Greenspan was the maestro, and both parties in Washington were united in a belief that the markets would take care of themselves."

Now, with many of the same men who shut down Born in key positions in the Obama administration, The Warning reveals the complicated politics that led to this crisis and what it may say about current attempts to prevent the next one.

"It'll happen again if we don't take the appropriate steps," Born warns. "There will be significant financial downturns and disasters attributed to this regulatory gap over and over until we learn from experience."

[Bourbon St Sooner]

I don't like to get into this my guy is better than your guy ****, especially since I'm no fan of Bush, but folks like TAFB will always ignore the fact that Glass-Stiegal was repealed by their hero Bill Clinton. Guys like Rubin and Summers were Wall St shills who started the ball rolling to what led up to 2008.

[TheHumanAlphabet]

TAFB, your taxes will be going up. end of story. They got the big tax increase, now, if you read anything out of Washington, you would know that The Socialist's administration is going for ANOTHER trillion dollars of tax increase. They want nothing of cutting spending, it is ALL about CONTROLLING wealth in this country. IN order to do that, they need to tax more, you have less and take away guns, or make gun ownership perceived as those people that are nut cases...

[yermom]

I don't like to get into this my guy is better than your guy ****, especially since I'm no fan of Bush, but folks like TAFB will always ignore the fact that Glass-Stiegal was repealed by their hero Bill Clinton. Guys like Rubin and Summers were Wall St shills who started the ball rolling to what led up to 2008.

i don't care who did it. it ****ed us. the banks are above the law and need wrangling.

[olevetonahill]

I dont understand all this hatred between parties
In the Immortal words Of The King

[TheHumanAlphabet]

So now The Socialist is acting as the King and will Executive Order gun rules, bypassing the people and the Constitution. Yeah, Mr. Integrity and Mr. Transparancy there... He is a lying liar and will ruin this country.

[LakeRat]

So when do we quit blaming Bush?

[okie52]

So when do we quit blaming Bush?

Hillary's second term.

[rock on sooner]

Hillary's second term.

Careful what you wish for....

[okie52]

Careful what you wish for....

I just thought I'd get you lefties all fired up...

[The Profit]

If she runs, she'll win. I would like to see it. If the GOP doesn't undergo a major change, there won't be another Republican president. You guys need to kick the kooks, bigots and bible bangers (some are afflicted with all 3) out of the party and find some real old time Republicans, who understand fiscal responsibility and could care less for the silly social policies.

[okie52]

If she runs, she'll win. I would like to see it. If the GOP doesn't undergo a major change, there won't be another Republican president. You guys need to kick the kooks, bigots and bible bangers (some are afflicted with all 3) out of the party and find some real old time Republicans, who understand fiscal responsibility and could care less for the silly social policies.

Oh I'm not afraid that the pubs won't have another president any more than I thought the dems wouldn't. They're not going to kick out the kooks, bigots or bible bangers any more than the dems are going to kick out the kooks, enviro wackos, PC crazies and socialists. They are the fringes.

[The Profit]

The difference is the Dems kicked the kooks out of the group that writes the political platform. It pizzed them off, but they still voted Dem anyway. On the other hand, the Pubs let the "tea-bagged" write their platform. It was much further to the right than most good Pubs are, especially in terms of women's issues, immigration, etc. Demographics are against you guys, and your party needs to understand that quickly. You and I are the same age, although you look a helluva lot younger (and don't you dare claim that was clean living--I know better). When we were young, there was a strong Democratic Party and a strong Republican party. Then, there was a group of nuts, who were members of the John Birch Society. The John Birch Society (Koch Brothers) has become the "tea party." But, they are the same nuts.