2011-08-09, 11:35 | Link #15581 | |
Senior Member
Join Date: May 2007
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2011-08-09, 11:37 | Link #15582 | |
Senior Member
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Even the S&P said that our entitlement spending and our ever increasing debt was the problem. Not whether we had a debt ceiling raised. And why didn't the Democrats pass a budget when they controlled all 3 Houses of the Federal Government? Don: Obamacare hasn't even hit us yet, that's what scares me. America is in for a long decade of pain. |
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2011-08-09, 11:53 | Link #15583 | |
Senior Member
Join Date: May 2009
Location: classified
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That shows you don't understand money. Specie money is the exchange of a commodity for goods and services. Fiat money is the exchange of an IOU or promise to pay, i.e. debt-money. Fiat money has no value. Specie money does have value, which is why it can be gold, rice, oil, food, clean water, or anything with intrinsic value. Fiat money can be made out of thin air. Specie money is physical and requires a physical product backing it up for it to have value. I don't know where this new idea that all money is fiat is coming from, but it is a completely daffy idea that shows a total ignorance of basic economics.
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2011-08-09, 11:56 | Link #15584 | |
Knight Errant
Join Date: Dec 2007
Location: Dublin, Ireland
Age: 36
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Though Obamacare is a bastardized incomplete healthcare package... |
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2011-08-09, 11:56 | Link #15585 | |
He Without a Title
Join Date: Feb 2008
Location: The land of tempura
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The tea partiers are actually a bunch of extremists who dream of a country without government where private interests run wild and free. They're technically anarchists! What about that hum? OH and don't you go saying that some amount of government should exist cause then you're a socialist and in the US that's the same as calling someone a communist (unlike in many European countries). Have the democrats appeared to be bumbling idiots in the houses? Yes they have. Have the tea partiers dragged most of the republican party into a line of extremism and conservationism that rendered them virtually incapable of reaching compromises? It sure does appear that way! Both parties are in the wrong but compromise is the solution yet sadly I don't see that happening with the current crop of politics in the land of the free (however I hope to be proven wrong and fast). PS: also keeping the Bush tax-cuts to the wealthy is an insult to any hard working american but that's just my view so take it as you wish.
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2011-08-09, 12:02 | Link #15586 | |
Pilot in Training
Join Date: Feb 2007
Location: Earth
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2011-08-09, 12:04 | Link #15587 | |
Not Enough Sleep
Join Date: Nov 2003
Location: R'lyeh
Age: 48
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2. S&P also said the bush tax cut should be let to expire. 3. Because the D unlike the R are made up many different factions. You have Green Dems, Clinton Dems and Goldwater Republicans. The Republicans only have Conservatives and Extra Conservatives.
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2011-08-09, 12:17 | Link #15588 |
(ノಠ益ಠ)ノ彡┻━┻
Moderator
Join Date: Mar 2006
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Lost in the noise was the fact that the Progressive Democrats did indeed propose a budget, early this year:
The People's Budget You'll note why it was ignored by everyone including most mainstream media of course, since many of the things it proposes would immediately be fought by every special interest in Washington and Wall Street.
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2011-08-09, 12:35 | Link #15589 | |||
Senior Member
Join Date: Sep 2008
Age: 38
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2011-08-09, 12:50 | Link #15590 | |
Kurumada's lost child
Join Date: Nov 2003
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What I am mentioning here is the current market insecurity that started as soon as the US got downgraded for its first time in history, and for mere political reasons I might add because the country can still pay all his bills. What's funny is the fact that the tea party stared this whole mess, same as with the FAA, but the media, which is privatedly owned, blames both sides. This couldnt be further from the truth, and guess what, this benefits all the anti obama maniacs out there, because the public suffers from lack of ctitical thinking and short term memory loss. The media and the public, along with the republicans, will blame obama for this whole mess in the end. |
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2011-08-09, 17:51 | Link #15597 | |
This was meaningless
Scanlator
Join Date: Jan 2004
Location: Not on this site no more.
Age: 37
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edit Expect uncomfortable volatility at least until those guys on wall street get their cheap anti-depressants and barbituates from Canada. Last edited by Decagon; 2011-08-09 at 18:16. |
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2011-08-09, 19:48 | Link #15598 | |
Honyaku no Hime
Fansubber
Join Date: May 2008
Location: In the eastern capital of the islands of the rising suns...
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I do have some kinda mp3 of someone interviewing some off the looting kids asking them 'why'? No sense of right or wrong, no responsibility for their own lives, blaming it on the 'rich' people or the 'goverment' and they literally said 'we proved that the police cannot touch us'. Guess they were right. It's been a ticking timebomb tbh since they get away with little acts every day for years, all they did now was just team up and show the world the true face of English mentality. But seriously, forget guns or tear gas, just hose the buggers, get them wet, cold and hurt some and they'll go home....
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2011-08-09, 20:41 | Link #15600 |
blinded by blood
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They don't have the manpower for that, and plus it'd probably just escalate the violence. Water cannons are good for dispersing angry mobs--it doesn't hurt them or give them any real reason to run to the lawyers and sue for brutality. They just get a little wet, a little cold, and feel a lot stupid. It really does take the fight out of them.
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current affairs, discussion, international |
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