The Iran Deal

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The funniest thing about the GOP saying they are for income equality - aside from the sheer preposterousness of it of course - is that is the only possible economic issue they can grasp onto. Unemployment is down, stocks are up, inflation is down, interest rates are low.

Why would anyone ever vote GOP? Clinton = great economy. W = waste the surplus, drive the economy into a ditch. Obama = saved the day.
Obama hardly saved the day
 
The funniest thing about the GOP saying they are for income equality - aside from the sheer preposterousness of it of course - is that is the only possible economic issue they can grasp onto. Unemployment is down, stocks are up, inflation is down, interest rates are low.

Why would anyone ever vote GOP? Clinton = great economy. W = waste the surplus, drive the economy into a ditch. Obama = saved the day.

Geez! This seems like a good reason to turn in my forum card.
 
Geez! This seems like a good reason to turn in my forum card.

This place is the Hotel California, you can never leave.

Also it would seem odd to leave a sports forum over politics.
 
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Geez! This seems like a good reason to turn in my forum card.

Maybe you could just stop dominating with small talk, and create some original thinking. Fewer, but better, posts.

As for this thread, the title is Iran, but Denny always hijacks every pro-Democrat thread a couple of posts in.
 
Well, one might look further at the fact that congress affects the economy more than the president. While Clinton was in office, the GOP controlled the House 6 of 8 years. Also the case while Obama has been in office.

I did like Clinton as president. He let the government shrink by attrition. He fought with republicans but was able to wheel and deal to get things done. That's with a congress that impeached him.

I do remember, though, he was out on the stump saying "we'll balance the budget in 6 years" then next week saying "we'll balance it in 8 years."

Republicans (John Kasich to be precise) wrote a budget that balanced in 2 years and he signed it.

In Obama's case, the obstruction kept Obama from doing more damage than he's already done. And it's quite considerable.

Look at the enormous debt he's stuck us with. All that money didn't buy squat, either. In fact, the borrowing likely slowed down any recovery we would have had without it.

The Fed has no choice but to keep interest rates low or else the interest on ObamaDebt would eat up massive chunks of the budget. No money for a lot of what people rely on government to do.

With low interest rates on T-Bills, the only other logical places to invest are the stock market and real estate. Bubbles brewing.
 
I think people are throwing the word hate around so much that it looses its meaning. I doubt republicans actually hate the poor and minorities
I did like Clinton as president. He let the government shrink by attrition. He fought with republicans but was able to wheel and deal to get things done. That's with a congress that impeached him.

I do remember, though, he was out on the stump saying "we'll balance the budget in 6 years" then next week saying "we'll balance it in 8 years."

Republicans (John Kasich to be precise) wrote a budget that balanced in 2 years and he signed it.

In Obama's case, the obstruction kept Obama from doing more damage than he's already done. And it's quite considerable.

Look at the enormous debt he's stuck us with. All that money didn't buy squat, either. In fact, the borrowing likely slowed down any recovery we would have had without it.

The Fed has no choice but to keep interest rates low or else the interest on ObamaDebt would eat up massive chunks of the budget. No money for a lot of what people rely on government to do.

With low interest rates on T-Bills, the only other logical places to invest are the stock market and real estate. Bubbles brewing.

All the republicans I know say they liked Clinton as a way to prove they are some how slightly bipartisan but all these same people were on the impeach train. Also all these republican that "loved" bill now hate Hillary.

Obstructions kept Obama from doing his job. Period. You may not like the direction but you have to give it a chance. The republicans said from Day 1 that they would do it and they kept to their word. One of the only promises they have kept.

Enormous debt, lol. What should we have done austerity? Worked pretty good for Greece didnt it? Also the first bailout payment was under Bush, so nice try trying to pin that all on Obama but he was handed a flaming pile of shit with no option but to bail out. What happened afetwards with the banks was BS and deserves attention but no one seems to care.

Low interests, TBill and general FED bullshit is a problem but it was not invented by Obama. The crisis had been brewing for decades and this was essentially a continuation policy. I agree with a brewing bubble though, nothing got fixed.
 
Yes, austerity.

We aren't greece.

The $800B "emergency" stimulus package wasn't on Bush's watch. Half of TARP wasn't either. Neither was the $800B a year spending increase in the budget over what Bush proposed.

Obama added more debt to the balance sheet than all the other presidents in history combined.
 
Kudos to clinton for the N Korea deal.

How'd that turn out?

They built a bomb :)
back on topic ..................................
on bushes watch 4 years after accusing them of being the third wheel on the "axis of evil"
great idea to accuse an authoritarian, paranoid dictator along with Iraq and iran ,then build up for the invasion of one of those countries.
predictable outcome. after bush's state of the union address in 2002 where he started the "axis of evil" moniquer, the contrived evidence of WMD, and invasion of Iraq, in 2006 they tested their 1st nuclear device. not on Clintons watch but cheney and bush's, 12 years after the treaty was signed, while we were still looking for those WMD in Iraq and engaged in two theatres of operation in Iraq and Afghanistan. they bet and won that we would be unable to project militarily to punish them. Iraq's nuclear reactor had already been destroyed by the israelies, but they did have all those oil reserves under ground.
 
Germany. Austerity.

http://www.economist.com/news/europ...lehurting-europe-world-and-itself-no-new-deal

Raising investment could also deal with another imbalance in the German economy: its current-account surplus, the largest in the world, which has just set another record in 2014 of €220 billion ($250 billion), over 7% of GDP. By definition, this surplus measures the excess of savings over investment. Invest more, and the surplus would shrink or even disappear.

France. No Austerity.

http://www.nytimes.com/2014/10/02/b...o-austerity-budget-defying-eu-rules.html?_r=0

France Produces a ‘No Austerity’ Budget, Defying E.U. Rules


http://www.wsj.com/articles/frances-economic-recovery-will-remain-modest-forecasts-show-1428004801

France’s Economic Recovery Will Remain Modest, Forecasts Show

 
Well, at the top of the GOP agenda is reversing bank and wall street regulation. Taking all the rules away we gave them after their bullshit crashed the worlds economy.

Somehow, nobody went to jail, and they all stayed rich though. Funny how that works.

Too big to fail with zero regulation...hasn't this been proven to be a bad idea? Break up these behemoths.
 
For all the hostility we have shown to their neighbors you can't really blame Iran for wanting to install a home security system.
 
Well, at the top of the GOP agenda is reversing bank and wall street regulation. Taking all the rules away we gave them after their bullshit crashed the worlds economy.

Somehow, nobody went to jail, and they all stayed rich though. Funny how that works.

Too big to fail with zero regulation...hasn't this been proven to be a bad idea? Break up these behemoths.

So the bailouts made them bigger. BofA bought Merrill Lynch and some other big banks with OUR tax dollars/bailout money.

Not on Bush's watch.
 
Detroit is what Democrats turn prosperity into.
 
Not on Bush's watch.

The Emergency Economic Stabilization Act of 2008 (Division A of Pub.L. 110–343, 122 Stat. 3765, enacted October 3, 2008), commonly referred to as a bailout of the U.S. financial system, is a law enacted in response to the subprime mortgage crisis authorizing the United States Secretary of the Treasury to spend up to $700 billion to purchase distressed assets, especially mortgage-backed securities, and supply cash directly to banks. The funds for purchase of distressed assets were mostly redirected to inject capital into banks and other financial institutions while the Treasury continued to examine the usefulness of targeted asset purchases.[1][2] Both foreign and domestic banks are included in the program. The Federal Reserve also extended help to American Express, whose bank-holding application it recently approved.[3] The Act was proposed by Treasury Secretary Henry Paulson during the global financial crisis of 2008.

http://en.wikipedia.org/wiki/Emergency_Economic_Stabilization_Act_of_2008
 
So the bailouts made them bigger. BofA bought Merrill Lynch and some other big banks with OUR tax dollars/bailout money.

Not on Bush's watch.
the bailout legislation was initiated,passed and signed under bush and by bush
 
So the bailouts made them bigger. BofA bought Merrill Lynch and some other big banks with OUR tax dollars/bailout money.

Not on Bush's watch.

I mean, I know you are all about bush, but Jesus, his "watch" destroyed the entire earths economy for fucks sake.

That they were then rewarded with trillions of dollars sucks too.
 
So the bailouts made them bigger. BofA bought Merrill Lynch and some other big banks with OUR tax dollars/bailout money.

Not on Bush's watch.
the banks were failing under bush's watch and laissez faire banking regulations.
 
They should call it the "Flock of seagulls treaty".
 
Germany. Austerity.

http://www.economist.com/news/europ...lehurting-europe-world-and-itself-no-new-deal

Raising investment could also deal with another imbalance in the German economy: its current-account surplus, the largest in the world, which has just set another record in 2014 of €220 billion ($250 billion), over 7% of GDP. By definition, this surplus measures the excess of savings over investment. Invest more, and the surplus would shrink or even disappear.

France. No Austerity.

http://www.nytimes.com/2014/10/02/b...o-austerity-budget-defying-eu-rules.html?_r=0

France Produces a ‘No Austerity’ Budget, Defying E.U. Rules


http://www.wsj.com/articles/frances-economic-recovery-will-remain-modest-forecasts-show-1428004801

France’s Economic Recovery Will Remain Modest, Forecasts Show

Your using Germany as an example of austerity? You know that their austerity measures in the 30's, killed employment and were a contributing factory to the rise of the Nazi party right?
 
Your using Germany as an example of austerity? You know that their austerity measures in the 30's, killed employment and were a contributing factory to the rise of the Nazi party right?

Denny and Marazul both support the creation of Democrat extermination camps.
 
Your using Germany as an example of austerity? You know that their austerity measures in the 30's, killed employment and were a contributing factory to the rise of the Nazi party right?

It's not 1930. Germany nor the US is being raped by a treaty of versailles.
 

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