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B-A-N-A-N-A-S!
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I am the 1%. I'm a capitalist pig.
barfo
Warren Buffett is a democrat and a member of the 1%
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I am the 1%. I'm a capitalist pig.
barfo
Obama hardly saved the dayThe 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.
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.
better, posts
Why would anyone ever vote GOP? Clinton = great economy. W = waste the surplus, drive the economy into a ditch. Obama = saved the day.
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.
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.
back on topic ..................................Kudos to clinton for the N Korea deal.
How'd that turn out?
They built a bomb![]()
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.
Not on Bush's watch.
the bailout legislation was initiated,passed and signed under bush and by bushSo 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.
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
the banks were failing under bush's watch and laissez faire banking regulations.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.
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?
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?
