United States Heading towards a Depression?

LOL ... found this :

[video=youtube;iL4Cxo8l3qw]http://www.youtube.com/watch?v=iL4Cxo8l3qw[/video]

The link starts here : LINK

 

That was a good laugh. Good find!

 

Not such a bad plan afterall.

Again, lots of luck for the 112th Congress. They have the Democratic recovery since June of 09 to keep in focus and all the Blowback from the previous Administration still to be settled in their laps where it belongs and now to pay for a newly concocted and unfunded stimulus plan of their own making.

The unknown is the sentiment and strength of the 112th Senate. 23 Democrats and only 9 Republicans are up for reelection in 2012 Senate elections that will have a leverage in future legislation yet to be determined.

 

I guess you and I have a very different understanding of what recovering is.

I guess if going from a 159 Billion dollar deficit in 2 years to a 1.54 Trillion dollar deficit is recovery?
Increasing the national debt that has INCREASED 4Billion dollars a DAY since Obama took office a recovery?

You're one delusional little boy Breeze..

 

Perhaps setting aside a forty-eight billion dollar earmark for a home day care will help warm up the economy by redistributing "wealth to the inner cities and gift money to the poor and thereby produce a much larger consumer class to buy the goods and services produced in this country"?

 

Well it will certainly aid a very nice couple in KC in getting their draperies updated.

 

An honest banker ? Here is a quote :

How is it possible that post-crisis legislation leaves large financial institutions still in control of our country's economic destiny? One answer is that they have even greater political influence than they had before the crisis.


~By Thomas M. Hoenig, president of the Federal Reserve Bank of Kansas City

LINK

By the way Breeze Wood, can you answer the question above ???

 

Neither Reid nor Pelosi attended the signing - my sentiments as well.

For Obama, the Republican plan in total strengthened his position leading into the 112th Congress than had it not been finalized before the end of the 111th and as it will all return in two years not quite the end of the story.

 

There's a reason for that.
When the question comes up as to why Reid requested 1.48 Billion in earmarks, its pretty obvious he did not want to appear responsible.
Pelosi's just a spiteful bitch. There's a much better expletive to use to describe what she really is, but I'd rather not say it here.

Ultimately it comes down to this, sore losers and sour grapes.

Let me get this straight, you disagree with Obama signing the bill. You support the childish behavior of Reid and Pelosi, you disagree with the Bush tax cuts, yet you think this helps and is good for Obama?

You really think these cuts will ever be repealed in my lifetime after what the shitbags on the left have done to this country? Two years from now they will be made permanent. It's only the beginning of real change kid.

Yeah, I certainly understand why you share the sentiments of Reid and Pelosi. You, like them, just don't get it.

 

Similar to the tax legislation, another far reaching and necessarily concluded chapter to political opportunism nipped in the closing hours of one of the most productive Congresses in the Nations History.

From salvaging the nations economy from immediate threat of Depression to the passing into law National Heathcare Reform and countless other legislative enactments including those in its final hours, no other Congress during a time of need can boast of being any more productive than the 111th Congress of the United States of America.

 

Bald Faced Lies... We dont believe a word of it.

 

What Biden fails to emphasize was their shrewed decision was politically necessary for the 2012 elections than what was best for the nations finances - afterall it was the malfeasant spending of the Republican Administration (Iraqi) that was the catalyst for the massive imbalance of payments.

Well Blue Star, all that is left is passing the Start Agreement as best for the country against Republican opposition for the Lame Duck session to be equally as productive as the tenure of the Term as a whole. Odd how the Republicans are now claiming lame ducks are not accountable to the results of the prior election when they have used their minority status to attempt to block legislation using the filibuster....go figure.

At any rate, the difference with this Congress was not the closeness of their accomplishments as in 94 but the numerous legislative accomplishments that were made into law.

It is the Republicans turn up to bat - they have much of their past to clean up for the Country's return to financial stability and we all wish them the best of luck in that pursuit.

 

LINK

That link is for your convenience. When the President of a Central Bank admits that the banks ( financial institutions ) have had a part in shaping politics, should we still be looking at politicians to provide relief for the economic crisis ? What if you found out that both Republicans and Democrats receive money from the same donors ?

Read this :

Bank debt simply cannot be public debt. If bank debt is to be such debt, bankers should be viewed as civil servants and banks as government departments. ~Martin Wolf

 

If Breeze keeps posting, I may just cancel my subscription to HBO. I don't know when I ever laughed so hard.

 

It seems he can write 1 sentence out of 20 that is comprehensible - but that one usually makes me say "do you really believe that?"

 

Well, lets just be grateful for the 111th Congress that you can now afford not only basic cable but the additional convenience of HBO without delusional transgressions due to budgeting to spend with in your evenings than the proficiencies necessary for reading American verse.

 

That's not the 1 outta 20. It's like somebody stuck a paragraph in a blender and hit "frappé".

 

Grateful ? LOL

I use to add 2 cents to my opinions but started to save it.

 

I was always wondering why the poor NEEDED cable or even HBO to begin with. It seems to me that is part of the problem with many of the nations poor - too much TV!

I am guessing the breezy is saying that the price of cable is lower and is of huge importance to someone.

 

I've always paid for HBO. The reason? I don't like commercials. The programming is SO MUCH BETTER when you PAY FOR IT. And, best of all, I'm not inundated with commercial garbage. The family programming is wonderful as well and insures that I have good quality TV that is safe for the family and kids, without barraging my kid with ads for crap.

I hear you loud and clear on those that can't afford necessities, but will spend money on extras like cable. I'm not sure its the best example, because in some places cable's about all you can get to make sure you have access to news and information. Basic cable is kinda a necessity now.

I think its important to note (especially for people from other countries like Breeze), that to be poor in America does not mean you go without a meal, or clothes, or shelter. Poor in America means you cannot afford premium channels, and have to buy the ghetto cell phone. Our poor in this country are usually over weight, over stimulated and lack priorities with regard to their spending and working habits. I can't tell you how many times I've been involved in giving around the holidays with regards to stocking food shelters, delivering and buying Christmas presents only to see Escalades on the driveway and flat screens in the living room. Poor in America is middle class, and in some cases rich in other countries.

We have very few people destitute, living on the streets, or begging for food and shelter. Those among us here that truly are in peril are generally too proud and too ashamed to ask for genuine help. I only wish more of us had the gift to see who and where they are. They are the ones that could really use our help.