lisaray
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Joined: 16 Mar 2009
Posts: 1
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 Posted: Mon Mar 16, 2009 2:14 pm Post subject: Members of Obama Fan Club |
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| Barrack Obama has created history y becoming the first Afro-American President of United States of America He has revived the faith and expectations of the American people. You can now preserve this moment in history forever by owning the 'Blue Souvenir Card' from www . obamahistorysouvenircard . org. |
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Makeroni
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| Posted: Wed Mar 18, 2009 1:46 pm Post subject: |
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I'd like to know the answer to the following question: If the pilgrims had been black, the imported slaves from Africa white and all previous presidents of the USA black...
...would Obama then be called the first white president?
After all, he's half black half white. |
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BPML
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| Posted: Fri Mar 20, 2009 4:40 pm Post subject: Re: Members of Obama Fan Club |
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| lisaray wrote: | | Barrack Obama has created history y becoming the first Afro-American President of United States of America He has revived the faith and expectations of the American people. You can now preserve this moment in history forever by owning the 'Blue Souvenir Card' from www . obamahistorysouvenircard . org. |
The only faith and expectations Obammy has revived in me is the expectations that him and all the other ahole moronic democraps in Congress will destroy America.I have faith that America will see what a commie scumbag he realy is and throw his mulato azz out into the street. Have a nice day you ignorant liberal fool.  PS stick your your "blue souvenier card up your azz. |
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scotia
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Joined: 23 Mar 2009
Posts: 2
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| Posted: Mon Mar 23, 2009 12:32 pm Post subject: Re: Members of Obama Fan Club |
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| BPML wrote: | | lisaray wrote: | | Barrack Obama has created history y becoming the first Afro-American President of United States of America He has revived the faith and expectations of the American people. You can now preserve this moment in history forever by owning the 'Blue Souvenir Card' from www . obamahistorysouvenircard . org. |
The only faith and expectations Obammy has revived in me is the expectations that him and all the other ahole moronic democraps in Congress will destroy America.I have faith that America will see what a commie scumbag he realy is and throw his mulato azz out into the street. Have a nice day you ignorant liberal fool. PS stick your your "blue souvenier card up your azz. |
Hahahahaha, look at the shithole yer in at the moment due to the "free market" economics that you conservatives adore pal. In fact, you are now (due to Dubya) probably MORE socialist than the PRC or Cuba, hahahahahahaha. |
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Timetheos
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Joined: 10 Apr 2008
Posts: 469
Location: Seattle
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| Posted: Fri Apr 03, 2009 3:20 am Post subject: |
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Obama is not perfect, but he is better than Bush or anything else the Republicans have offered.
http://www.dailykos.com/story/.....rica-Proud
No way the likes of Dubya or Boner could do that. |
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cornopean
Forum Elder
Joined: 20 Dec 2006
Posts: 3576
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| Posted: Fri Apr 03, 2009 9:35 pm Post subject: |
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| Obama is spending tomorrow's money. Is that wise? I thot the dems were all concerned about big deficits? what happened to the dems who were all in a twit about the deficits of Buch and Co.? |
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cornopean
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Joined: 20 Dec 2006
Posts: 3576
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| Posted: Fri Apr 03, 2009 9:39 pm Post subject: |
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Christine Romer, Obama's pick to head his Council of Economic Advisors, says that the multiplier effect of tax cuts is about 3.
Previous research says that the multiplier effect of govt spending is about 1.
The data and references is all in Prof. Mankiw's blog;
http://gregmankiw.blogspot.com.....liers.html
Cons want tax cuts; libs want govt spending. Shall we do what the research shows works? |
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Timetheos
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Joined: 10 Apr 2008
Posts: 469
Location: Seattle
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| Posted: Sat Apr 04, 2009 4:46 am Post subject: |
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We've discussed Mankiw before; the guy is a sellout/freak. If you're trying to convince me, he doesn't hold any wait.
Obama loves to have differing opinions on his team. One study does not mean we should shift the whole national tax structure.
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what happened to the dems who were all in a twit about the deficits
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The current depression changed things. The risk caused by deficits became less than the risk of non-action.
BTW: Your buddy Manqiw is all over the deficit speanding. He may want it to be tax cuts, but he's a Keynesian at heart.
"The financial crisis of 2007–2009 led to public scepticism about the free market consensus even from some on the economic right. In March 2008, Martin Wolf, chief economics commentator at the Financial Times, announced the death of the dream of global free-market capitalism, and quoted Josef Ackermann, chief executive of Deutsche Bank, as saying "I no longer believe in the market's self-healing power."[29] Shortly afterward influential Economist Robert Shiller began advocating robust government intervention to tackle the financial crises, specifically citing Keynes.[30][31]" http://en.wikipedia.org/wiki/Keynes |
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cornopean
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Joined: 20 Dec 2006
Posts: 3576
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| Posted: Sat Apr 04, 2009 12:51 pm Post subject: |
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| Timetheos wrote: | | We've discussed Mankiw before; the guy is a sellout/freak. If you're trying to convince me, he doesn't hold any wait. |
Forget Mankiw. What about the lady that heads up Obama's council of economic advisors, Christine Romer? Does she carry any weight? You sure have a glib way of just dismissing data that conflicts with you ideology.
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The current depression changed things. The risk caused by deficits became less than the risk of non-action. |
....or was it that your guy won the election?  |
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Timetheos
Known Associate
Joined: 10 Apr 2008
Posts: 469
Location: Seattle
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| Posted: Sat Apr 04, 2009 4:27 pm Post subject: |
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Do you bother to read?
I said: Obama loves to have differing opinions on his team. One study does not mean we should shift the whole national tax structure.
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....or was it that your guy won the election?
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I'm not sure what you mean or why the smiley face... |
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cornopean
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Joined: 20 Dec 2006
Posts: 3576
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| Posted: Sat Apr 04, 2009 8:29 pm Post subject: |
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| Timetheos wrote: | Do you bother to read?
I said: Obama loves to have differing opinions on his team. One study does not mean we should shift the whole national tax structure. |
Ok...I got your point here. But what do you think of Christine Romer's opinion that tax cuts are a stronger stimulus than spending? And let's recall that she is the chairwoman of the CEA.
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I'm not sure what you mean or why the smiley face... |
I meant to point out that it seems you think deficits were bad for Bush but ok for Obama. |
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Timetheos
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Posts: 469
Location: Seattle
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| Posted: Sun Apr 05, 2009 3:05 am Post subject: |
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Ok...I got your point here. But what do you think of Christine Romer's opinion that tax cuts are a stronger stimulus than spending? And let's recall that she is the chairwoman of the CEA.
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I think it depends on the situation. Right now, I don't believe so.
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I meant to point out that it seems you think deficits were bad for Bush but ok for Obama.
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While the economy was slowing under Bush, we didn't know that we were in a Depression until he was about out the door.
Keynes is the master of depression economics, and spending, not tax cuts, are generally recommended.
I believe there is great risk right now. The massive spending and money-printing may cause massive inflation. But, I believe it is a good risk to take; better than letting things implode and deflation to occur. |
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cornopean
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Joined: 20 Dec 2006
Posts: 3576
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| Posted: Mon Apr 06, 2009 6:24 pm Post subject: |
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| Timetheos wrote: |
I believe there is great risk right now. The massive spending and money-printing may cause massive inflation. But, I believe it is a good risk to take; better than letting things implode and deflation to occur. |
Why don't we do what we already know works? We know that doing nothing allows the system to correct itself. We've seen this happen before. Warren Harding did nothing in 1921 and the severe crash was over in about a year. Ronald Reagan did nothing in 1987 and the recovery was quick in coming. Now what makes us think that we can do better than that? After all, we know that at least twice before, massive govt spending to stimulate recovery actually prolongs the depression. We tried it in 1929 with Hoover/FDR and Japan tried it in the 90s. It didn't work.
http://www.nytimes.com/2009/02.....wanted=all
http://en.wikipedia.org/wiki/Lost_Decade_(Japan) |
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joeyjock
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Joined: 24 Dec 2006
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Location: Fort Lauderdale
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| Posted: Mon Jun 22, 2009 5:03 pm Post subject: |
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Ronald Reagan did nothing in 1987 and the recovery was quick in coming.
Oh really? When just about all the economists out there say Reagan's tax cuts were DIRECTLY responsible for the recession of 91- 92 and his business policies were the beginning of the chaos we are seeing now |
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Dave Randal
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| Posted: Wed Jul 22, 2009 8:13 am Post subject: |
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| joeyjock wrote: | Ronald Reagan did nothing in 1987 and the recovery was quick in coming.
Oh really? When just about all the economists out there say Reagan's tax cuts were DIRECTLY responsible for the recession of 91- 92 and his business policies were the beginning of the chaos we are seeing now |
Reagan's tax cuts may have played a part in the early 90s recession but there were other factors as well. Pretty much all of our recessions since the early 80s have happened due to the Federal Reserve screwing up and making things like inflation go up. Some will even go as far to say a lot of it was due to Jimmy Carter's old policies but I haven't researched too much on that since it is hard to find details on his presidency over the internet.
Another thing about Reagan's tax cuts though that people don't understand is that it created tons of jobs in the 80s. Were they high wage jobs? Some were and some weren't but at least unemployment wasn't up to 9 like it is now. |
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