| Name: |
water_watcher
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| Subject: |
You Must Watch - Scary
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Date:
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3/6/2009 5:38:25 AM
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The national debt was bad before, but this is what Obama is doing to us ... huge inflation will follow that will make the 16% inflation in the Carter years to look small.
http://www.youtube.com/watch?v=FgJYCpRr5yI
URL: National Debt
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| Name: |
MrHodja
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| Subject: |
You Must Watch - Scary
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Date:
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3/6/2009 8:00:47 AM
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Oh, you shouldn't pay any attention to that. He is just an entertainer. The Messiah will save us all.
:>(
Nasreddin Hodja
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| Name: |
Talullahhound
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| Subject: |
Have you been sleeping?
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Date:
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3/6/2009 8:33:04 AM
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This is hardly new. I don't think Obama is the only culprit. Believe Bush had a hand in this too.
We're mortgaging our future and our children's future. And the Chinese own most of our debt.
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| Name: |
JohnGalt
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| Subject: |
Have you been sleeping?
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Date:
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3/6/2009 9:03:52 AM
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So then why did it make sense to pull the lever for the candidate that had the least experience,who had the most liberal voting record, who told the public he was going to spend money to get things accomplished while wanting to raise taxes on the producers of this country. This is exactly what I expected. It is sad.
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| Name: |
Swimmer27
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| Subject: |
Bush, Bush, Bush
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Date:
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3/6/2009 9:12:15 AM
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My God you sound like a schoolyard girl. Let it go!! Bus is gone and has NO POWER. How long are you and your ilk going to languish in your BDS. GET OVER IT!!
This economy belongs SOLELY to b Hussien obama.
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| Name: |
MrHodja
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| Subject: |
Have you been sleeping?
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Date:
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3/6/2009 9:49:46 AM
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Not at all. Have you in the last 45 days? Given a chance to insert some fiscal responsibility BO and his cronies in Congress have taken the exact opposite approach and, in the interest of ensuring their continued reign of power, brought us precipitously close to national bankruptcy. Just wait until the Chinese decide to not show up at the next auction of our debt, then you will see what this idiotic course of action will bring.
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| Name: |
Talullahhound
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| Subject: |
Excuse me
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Date:
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3/6/2009 2:23:48 PM
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But didn't Bush take our debt into a Trillion dollars? And wasn't he the catalyst for the TARP? I'm more than willing to let GWB go (with PLEASURE), but It's not just Obama that got us here.
And yes, it will be unfortunate if China decided not to show up for our debt sale. And since the economic situation in the Dubai has declined, they might not bail us out either. Anyone here ever read "the Crash of 79" by Paul Erdman? It was a novel - but eerily similar to where we are. Erdman was a economist as well as a writer.
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| Name: |
lamont
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| Subject: |
Since We Are Talking Books...
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Date:
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3/6/2009 2:36:29 PM
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Ever read Atlas Shrugged, Hound? A little far-fetched perhaps but, what would happen if all the "producers" packed up and disappeared? For certain, we would always have a Democrat Pres. and a 100% Democrat, House and Senate but, who would they tax, where would the revenue come from and how could they retain their power base? Funny, this book was written a long time ago but, the parallels to todays times are astonishing.
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| Name: |
MrHodja
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| Subject: |
No, Excuse me
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Date:
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3/6/2009 3:07:29 PM
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I make no excuses for what might have happened in the previous administration, nor do I agree with the TARP debacle. There may have been some mitigating reasons for things to get out of hand the way they did, but we already know debating that issue is pointless. That water is under the bridge and well downstream.
Please re-read my post. Obama, not Bush, is the one now with an opportunity to right the ship, but all seems capable of doing is pointing all the ship's cannons at its hull and firing away.
Break, break,
The Lord, however, has a different outlook. What fantastic weather!! Heading up this evening and plan to get some spring cleaning done and re-open the cabin for the summer.
Nasreddin Hodja
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| Name: |
water_watcher
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| Subject: |
Hound, Hound , Hound
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Date:
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3/6/2009 3:33:11 PM
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TARP should be paid back ... it was to add liquidity to the banking system and in most cases they took an equity position through preferred stock (Citi is now common). Yes, some of that can never be paid back if they bank (or GM) fails. Although it was Obama that used TARP for GM when that was not the intent.
The big dollars is the non stimulus pork spending social welfare give away bill that Obama got passed. With one stroke of a pen he spent in just a few weeks what took Bush 8 years to spend with a war.
Now he proposes a massive budget that will expand government further with wasteful spending while penalizing prosparity.
So NO NO NO .... this is Obama. If he did that in two months, imagine what it will be at the end of 4 years. But I am sure he and you and others will still be trying to blame Bush.
When did Bush ever blame Clinton for the recession he inherited or 9/11 happening that cripled our economy. No ... he went to work and fixed it ... yet initially the dems were blaming Bush (not Clinton) for the job losses. Then as Bush's programs pulled us out of recession and helped the economy grow and create jobs ... the dems were critical of the "quality" of jobs created.
Stop blaming Bush ... you can say it is different this time ... but it is not. It is the bad policies and lack of leadership from Obama and the democrats that is making things worse not better. It is not Bush's fault.
The reason things did not collapse after 9/11 when we were already in a very bad recession from the tech bubble ... is because the policies put in place with tax cuts actually worked.
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| Name: |
Talullahhound
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| Subject: |
Since We Are Talking Books...
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Date:
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3/6/2009 4:46:47 PM
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Read it a long time ago.
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| Name: |
Talullahhound
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| Subject: |
No, Excuse me
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Date:
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3/6/2009 4:49:15 PM
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Never said I agree with the approach being taken now.
As far as your "break break" -- you are indeed a wise man. It is just beautiful here today and should last all weekend. Drive by some time and say Hey.
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| Name: |
Talullahhound
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| Subject: |
Hound, Hound , Hound
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Date:
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3/6/2009 4:58:23 PM
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I'm not saying that I agree with what the Administration is doing. As far as I'm concerned, I'm ticked that he doesn't plan to send that spending plan back and make them take out the pork. Let the government shut down for a few days. When people don't get their tax refunds and SS payments, they'll be all over Congress' butt.
The way I see it is this -- Bush got us into a war that cost us too much money. Now Obama is doing the same thing with some domestic programs. They need to be done, everything needs to be done, but the government, like the rest of us, needs to figure out what it can afford. I almost stop breathing when I think about the debt and how vulnerable it makes us. I'm also not happy with the tac he is taking with Russia -- we're hardly negotiating from a position of strength since Iran is a lot closer to having nukes than we are to having an operable missile defense.
I think it is interesting how all the doom and gloom works on ones psyche -- other than some paper losses in my Thrift Savings Account, I really have not been noticably affected by the economy (as of yet anyway), but I still feel like we need to tighten up our finances and am putting off doing a few things just because of the uncertainty of it all.
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| Name: |
MrHodja
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| Subject: |
No, Excuse me
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Date:
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3/6/2009 10:20:17 PM
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'toon still in the back yard in Fungummery....maybe in a week or two. By water the last left before we run out of lake, correct? New house built into the side of a hill with lots of porches?
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| Name: |
Talullahhound
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| Subject: |
No, Excuse me
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Date:
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3/7/2009 1:16:22 AM
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That's the one. Sits at an angle on the lot.
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| Name: |
MartiniMan
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| Subject: |
Hound, Hound , Hound
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Date:
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3/7/2009 9:09:42 AM
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I think the problem with Obama is he isn't doing anything right. I can't think of one thing related to the economy or national defense that makes any sense. And you have to put an expiration date on any of his campaign promises. He has already violated so many of them it is hard to believe. And the only ones that he has followed through on with any enthusiasm will make him forever known as the Abortion President. Even I in the pre-election debates couldn't predict the depth and breadth of his incompetence. And did you see the reports that he now takes his teleprompter to every single event he speaks at. After seeing his awful first press conference I can't say that I blame him.
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| Name: |
water_watcher
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| Subject: |
Hound, Hound , Hound
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Date:
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3/7/2009 9:18:37 AM
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I agree that the doom and gloom works on people psyche. That is exactly the reason wall street is importatnt and Obama doesn't get that. People see it go down every day and their retirement savings disappear and it creates worry and they start tightening their belt. If they don't spend, then more job losses.
The DOW started to recover after the election because there was hope that Obama was not going to try to push his socialist agenda until the economy started to come back. The DOW closed the year around 9700. Once Obama started to talk and take office and push the social agenda ... the market started to tank again. It has lost 30% on top of the losses last year since Obama was elected. It is the worst 2 month performance in history and the worst post presidential election performance ever.
I would guarantee if Obama started talking tax cuts rather than more spending programs, the market would start the market would start to recover, people would start feeling more positive and the economy would start moving forward.
When Bush was creating jobs through a tax cut that actually raised federal revenues, not reduced, the dems were critical of the quality. Not sure if there was any truth to that, but even if it was so, at least the economy was growing, people working and had the opportunity to find a better job over time. Is no job creation better?
I know you don't agree with the Iraq war ... we disagree on that. But yes it has been costly, but the cost was for the the long term safety of our country and our freedom, which is a government responsibility. I don't consider that wasteful spending. It is better than funding research why pig crap smells. Seriously, that is in the Obama budget. I know there is stuff like that all the time and that is why I do agree with line item veto. Then if the president doesn't strike it, the wasteful spending is their fault. But right now, the dems are doing EXACTLY what many have feared they would do when the control government .... wasteful spending, more social programs, higher taxes and reduce our national defense. That does not help the economy, only makes more people rely on government and will contribute to higher unemployment and inflation.
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| Name: |
Talullahhound
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| Subject: |
Speaking of Bad
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Date:
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3/7/2009 4:29:14 PM
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My sister told me last night that there is actually a tent city that has gone up in CA to house those that are homeless. That's a pretty scary thought. She also told me that she read somewhere that if Obama gets his way with health care, those of us with private insurance could see their premiums double or triple. I am so not in favor of socialized medicine. It's fine as long as you don't have anything seriously wrong with you, but if you become critically ill, you'll be treated "by the numbers".
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| Name: |
Swimmer27
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| Subject: |
and yet, you voted for him!
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Date:
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3/8/2009 9:57:45 AM
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And you for one can't m you didn't know. You were wrned here several times., but chose to ignore it and continue to defend him.
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| Name: |
MartiniMan
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| Subject: |
Speaking of Bad
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Date:
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3/8/2009 12:06:04 PM
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Whats even worse is personal health care decisions will be made by nameless and faceless beaurocrats that can't be sued or even held accountable for their decisions. So if your Mother is 75 years old and is diagnosed with breast cancer some government employee will decide whether the benefit of treatment is worth the cost. The older you get the more likely the answer will be no.
I read a letter to the editor by a former Brit who left the socialism of the UK for America. He then decribed the unnecessary deaths of both his elderly parents that were denied medical care because of their age and the cost. His father had a mild heart attack and needed a stent but was told no and died of a massive heart attack two weeks later while waiting to come to the U.S. for the procedure.
This is exactly what we warned all the moderates who decided to "take a chance" on Obama with Reid and Pelosi in charge of congress. Well, when you or one of your loved ones die because of the socialized medicine you will come to regret that decision.
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I voted for Obama. No, I don't like everything he is doing/wants to do. Let's just say I'd rather take a chance on change than voting for 4 more years of the same thing. If John McCain had won, we'd likely be getting ready to bomb Iran and probably be mired in Iraq for another 20 years.
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| Name: |
Swimmer27
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| Subject: |
You say that like it is a bad.
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Date:
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3/9/2009 10:59:17 AM
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....thing. Well except for voting for O, that was definitely a bad thing. I would rather be dropping bombs on crazies than watching the home front be bombed with rhetoric that sends our economy in the tank.
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| Name: |
MartiniMan
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| Subject: |
Will you ever change your mind
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Date:
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3/9/2009 3:00:33 PM
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I wonder how bad things will get before you set aside your pride and admit Obama was the wrong man at the wrong time. You act as if those were your only two choices (i.e. you are assuming that was what McCain would do in the midst of an economic crisis). Well I'll give you the benefit of the doubt that it was possible but I will tell you with 100% certainty he would not go along willingly with Reid/Pelosi in turning the U.S. into a socialist country. Even more than that I suspect he would be threatening to veto the pork stimulus package and maybe the three feckless RINOs in the Senate that went along might not have done so.
You are apparently safe and sound in your retirement with your TSP and can be smug with your vote while half a million people lose their jobs every month and their 401k slides into oblivion.
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| Name: |
Talullahhound
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| Subject: |
You say that like it is a bad.
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Date:
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3/9/2009 7:04:18 PM
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Well, it's just I don't think we can fight and bomb everyone we don't like; make us nervous; or don't agree with.
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| Name: |
Talullahhound
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| Subject: |
Will you ever change your mind
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Date:
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3/9/2009 7:10:28 PM
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Well, considering I've lost $60K on paper in my TSP, I don't think I'm feeling too smug. I don't feel smug at all when I see people I've known for a long time either losing their jobs or on the brink of losing them.
I'm curious, do you feel smug because you still have a job? My retirement is not exactly a "gift". I worked for 32 years to get it.
I may or may not change my mind on Obama. I can pretty much guarentee that I'll never change my mind about John McCain (not Republicans in general).
I don't expect to love everything the President does. I'm not overly impressed with Obama at the moment, but I didn't expect things to get much better within a month or two of him taking office. I'm taking a wait and see attitude.
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| Name: |
MrHodja
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| Subject: |
Just curious
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Date:
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3/9/2009 9:27:53 PM
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Please reiterate your reasons for disliking McCain so much. And leave out the "more of Bush" rhetoric because painting him with the same brush as Bush is just plain wrong.
McCain didn't seem to me to have a total grasp of what to do with the economy - which meant he probably wouldn't have done nearly as much as Obama - and in my estimation that is a much better alternative than what we are facing now.
And as to his being a warmonger I just don't buy it. He is committed to defending us, but I just don't see his going out and starting discretionary wars. He knows, more than just about any of us, what horrors war brings on.
Finally, answer one question: Is the change we are seeing now what you had in mind when you voted for change?
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| Name: |
Talullahhound
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| Subject: |
Just curious
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Date:
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3/10/2009 8:59:26 AM
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With regard to your last question -- in a word, no. I expected him to take a more systematic approach to the issues and I think he is scattered right now. And I expected him to reach out to the Republicans more than he has. I'm not letting the Repubs off the hook entirely, but I've been disappointed that Obama hasn't done more. I'm not sure I think that his priorities are right.
What do I dislike about John McCain? First of all, I thought he was too old to run for President. I thought he took a lot of cheap shots during the campaign at Obama's ideas, without ever putting out alternative ideas about what HE would do. I dislike his short temper, I dislike his endless riding the fact that he was a POW as if that gives him special insight into foreign affairs. I don't agree with his approach to foreign policy. And I think if he was going to do anything great in Washington, he would have done it by now. I think he is disingenuous. He lives in Sedona (millionaires), he is married to a wealthy woman, he dumped his first wife for her. He kowtowed to Bush, then distanced himself from Bush when it was politically inconvenient.
If the GOP had run a viable candidate, I might have voted Republican.
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| Name: |
MrHodja
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| Subject: |
Just curious
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Date:
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3/10/2009 9:51:11 AM
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Kinda the way I felt in 2004, but with the parties reversed....
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| Name: |
Talullahhound
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| Subject: |
Just curious
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Date:
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3/10/2009 2:30:53 PM
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Yeah, Kerry would have been a disaster. There really wasn't any good choices in 04. I voted for Bush.
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