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They will probably not try to save their face, they will just find other stupid remarks
What will all those people who said the America would become a socialist country and it doesn't? What if all of this spending does turn the economy around? What about those who said they hoped his policies failed? Anyone of you ever thought about that? Please save the blogs that will say this will happen or repeat some entertainer who proclaims that the end of america is near. They nor you know what will happen. So I guess if I were one of these people I would have figure out how to save face just in case Obama does succeed.
They will probably not try to save their face, they will just find other stupid remarks
Spending almost always turn the economy around, it's just a matter of spending enough. The problem is that someone will have to pay the bill and the growth isn't healthy.
America already is a socialist country. And sooner or later they'll have to inflate their way out of this mess. And when inflation does its dirty job, you'll have the most massive wealth redistribution in the history of mankind - and not the kind of one "socialists" defend.
When the economy turns around, it will be because Bush's policies simply needed time to work, and they were so robust they worked in spite of Obama.
See how easy it is?
Just because you don't think something will works means it is necessary to save face if it does.
If Obama's policies have the effect he, and you, are hoping for: more prosperity for all while maintaining a thriving, growing free-market system? I will celebrate because I will be a part of that system. Further, I will admit that at least some, if not most, of my assumptions about what motivates and drives our economy, as well as what history teaches us, are wrong - that Obama was/is right, and thank God for that. I will not be happy if people who believe like I do are right; there will be no joy in, "I told you so".
"socialism" is the current fear-mongering robot-speak by conservatives and fellow-travelling dumb s and sheeple.
Note that it is never defined, just bandied about. And applied only to non-Repug, non-conservative ideas and projects, while ignoring the whatever-it-is "socialism" as applied to conservative ideas and projects.
St Ronnie was a socialist, raising taxes on the lower 95% (regressive SocSec) and redistributing upward via tax cuts for the rich (SocSec capped for wealthy), while subsidizing the MIC with his StarWars bull , which remains today a fairy tale chased after by the Repugs.
lol, of course its going to "work" if you think "working" means the economy will "get better" in the next 3 years. There is no way it couldn't work eventually.
The response to the dot.com bust "worked" too if you count 6 more borrowed years of happiness as "working"
Problem is what you call "working", I call failure, because you aren't looking big picture.
the next time this cycle repeats itself we are f***ed. we were almost f***ed this time, but this time the world was gracious enough to bail us out again. But they've gotten wind of our game--the wool we've been pulling over their eyes is gone. next time we won't be so lucky.
Me? I can't ing wait.I will not be happy if people who believe like I do are right; there will be no joy in, "I told you so".
And the answer is that Republicanism will go the way of the dinosaurs. If it hasn't already.
No. If conservatives are right they will be vindicated, but ed, just like the rest of the country.
It seems you take joy in the country doing poorly under an opposing party's rule.
Sad for you.
No, the current bas ized version of Republicanism that has infested our government will go the way of the dinosaur and the old school Republicans will come back into the mix.
In case you haven't heard, the party I oppose isn't ruling anything these days. And no, Bush was the single most tragic event I've ever borne witness to. I have never been happy about his wanton destruction of America.
Than it will be libertarianism or the cons ution party that brings it [edit: Goldwater Conservatism] back. The GOP is a dead man walking.
Last edited by balli; 03-25-2009 at 10:43 AM.
Bush started this Socialist revolution, Obama is just accelerating it.
I'm against bailouts, regardless what political party is in control.
I don't know if you have living parents or are near retirement yourself, but I can also assume you're fine with all of your and their savings completely evaporating then? Along with every shred of quality of life? Me, I'd prefer my parents not work to their deathbed in a cold and economically des ute third world. That's just me.
I lost a third of my 401k in a 3-month period of 2008. I'm pretty much financially strapped at this point. Given my current financial situation, maybe I should open up several dozen credit card accounts and go on a crazy spending spree. That's nearly equivalent to what this admin is doing.
The entire World is in financial meltdown. Many countrys are much worse off than ours.
In you view is it:
1. A COINCIDENCE that our economy AND the rest of the World's economy are in the ter AT THE SAME TIME since Bush and the Republicans are responsible for ours, but not the rest of the World's.
OR
2. Bush and the Republicans are responsible for the entire World's economic woes.
If you blame Bush and Republicans for this, you MUST believe one of those scenarios. Which is it? (please defend your position)
That. As America goes, the world goes.2. Bush and the Republicans are more than partially responsible for the entire World's economic woes.
What did they do, specifically, to cause this?
I'm not going to take the time to repeat all the knowledge that Random has dropped on me in the past few months, but I'll actually blame a of a lot of this mess on Greenspan andf the autonomy with which republicans, executive and congressional allowed him to operate.
The more pertinent question in my mind isn't what they did to cause it, but what did they do to prevent it?
The writing was on the wall, they had the time, but Bush was too busy for 8 years pretending to be a fighter pilot while his ed up vice president was sitting in a paranoid bunker planning to take over the world.
If you want better answers than that, pull your head out your ass and go read some old threads.
If all that happens, I'll just have to ask Gary Larson to write me out of future episodes.
Blaming Bush or the republicans for the house bubble is incredible short-sighted. Greenspan, yeah, kind of, but how many people actually disagreed with him, dems or republicans? How many central bank governors were more conservative than him? How many disagreed with his vision that it was easier to deal with a bubble burst after the fact than trying to prevent it?
As for the non-regulation of CDOs and CDSs, that law was signed by Larry Summers, who's now Obama's economic advisor and was Clinton's Secretary of Treasury. At least, there's shared responsibility.
And why can't we blame those who promoted and promulgated legislation that incentives banks to loan money to poor people? Or maybe David X. Li, because he invented a formula that traders didn't understand? The blaming game is silly...
Anyway, it's amazing that when a bubble burst and a crisis implodes there are always so many people ready to point fingers and so sure of who should share the blame. Because very rarely those people predicted the burst to happen. Except Roubini I guess, but Roubini predicted 10 of the last 1 depressions.
Last edited by mogrovejo; 03-25-2009 at 06:47 PM.
Phil Gramm.
Also, he's one of the co-sponsors of the legislation signed by Summers that left the derivatives unregulated.
The problem with regulation is that nobody never knows what markets are going to invent. The regulations are always perfect to prevent the past crisis from repeating, but they always fail to prevent the next ones.
It's funny. Democrats were in charge of Congress the last two years and could have acted on some of this stuff. But they didn't.
It's funny reading the simpletons on this forum that want to lay all the blame on Bush or all the blame on Obama. People need to wake the up and realize none of the assholes in D.C. care about any of us on this forum, just giving enough lip service to the easily swayed on the nightly news so they can get re-elected.
Then I think you can get a lawful bailout if you exceeded $10,000!
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