United States Heading towards a Depression?

Discussion in 'Politics & Religion' started by decoyjames, Dec 27, 2007.

Thread Status:
Not open for further replies.
  1. ThraXed

    ThraXed Peon

    Messages:
    1,794
    Likes Received:
    56
    Best Answers:
    0
    Trophy Points:
    0
    #1201
    By Debunks logic, everytime a Mexican immigrant murders someone, that would be an excuse to invade mexico, or anyone that commits a murderous crime from a different is an act of war??
     
    ThraXed, Apr 10, 2008 IP
  2. northpointaiki

    northpointaiki Guest

    Messages:
    6,876
    Likes Received:
    187
    Best Answers:
    0
    Trophy Points:
    0
    #1202
    As http://forums.digitalpoint.com/showthread.php?p=7218940#post7218940 shows, it isn't a trait that is "liberal," "conservative," or anywhere in between. It is simply a flaw, to toss out buzzwords without any substance to back them up.
     
    northpointaiki, Apr 10, 2008 IP
  3. debunked

    debunked Prominent Member

    Messages:
    7,298
    Likes Received:
    416
    Best Answers:
    0
    Trophy Points:
    310
    #1203
    You might want to take a course on reading comprehension then.
     
    debunked, Apr 10, 2008 IP
  4. debunked

    debunked Prominent Member

    Messages:
    7,298
    Likes Received:
    416
    Best Answers:
    0
    Trophy Points:
    310
    #1204
    You are still on that? Wow...

    Did I say that something was fact or was I up front that it was an opinion I have based on things I have seen? Did I force you to believe it?

    North, I am lost for words with you on that subject, but now I see how you think that "in context" and "literally" had you so confused on another discussion. You seem to be unable to take a persons opinion from their POV without making it into an absolute, yet at the same time I don't know if you believe in absolutes.
     
    debunked, Apr 10, 2008 IP
  5. guerilla

    guerilla Notable Member

    Messages:
    9,066
    Likes Received:
    262
    Best Answers:
    0
    Trophy Points:
    200
    #1205
    I'm sorry to have taken this conversation off track from economics. I'll start a new thread later this afternoon, because this is a conversation worth having.
     
    guerilla, Apr 10, 2008 IP
  6. ahkip

    ahkip Prominent Member

    Messages:
    9,205
    Likes Received:
    647
    Best Answers:
    0
    Trophy Points:
    310
    #1206
    I work in a dinnerware wholesaler that sell stuff to department store. Lot of them are having problem now.we are shipping at least 50% less than last year.

    if you have LNT (linens N things) giftcard, better use it soon cause they are in deep shit now
     
    ahkip, Apr 10, 2008 IP
  7. northpointaiki

    northpointaiki Guest

    Messages:
    6,876
    Likes Received:
    187
    Best Answers:
    0
    Trophy Points:
    0
    #1207
    Actually, to clarify, what you said "there" was:

    and

    To which I asked you:

    To which you merely said I am twisting your words, and otherwise provided nothing to support your claims.

    It is relevant here:

    And I said:

    -As it isn't a "liberal fundamental" to name something without dealing with it - obviously, for one, since you are not a liberal and this is what you have done.

    In your case, for instance, stating that America is moving to murdering Christians who don't convert, or that there has been legislation introduced that names the Bible as "hate speech," without providing any evidence, well, it seems to me this falls afoul of what you accuse "liberals" of doing.
     
    northpointaiki, Apr 10, 2008 IP
  8. ThraXed

    ThraXed Peon

    Messages:
    1,794
    Likes Received:
    56
    Best Answers:
    0
    Trophy Points:
    0
    #1208
    And Debunked, nobody submits to Muhammed, they submit to God.
     
    ThraXed, Apr 10, 2008 IP
  9. northpointaiki

    northpointaiki Guest

    Messages:
    6,876
    Likes Received:
    187
    Best Answers:
    0
    Trophy Points:
    0
    #1209
    To the subject of the thread, I am generally not a fan of reductionism in theory making; I think it's a mistake to lay the depression at the feet of one causal factor only, since it seems to me there were many.

    It is also important to distinguish the stock market collapse from the structural slowdown in the economy. While the two things were related, and emblematic of each other, there wasn't an ironclad causative link between the two.

    I, for one, think the shortsightedness of the world's "Beggar Thy Neighbor" policies, as exemplified by the Smoot Hawley Act, were one of the biggest reasons for just how bad the massive structural slowdowns that hit the national economies became; a spiralling down by bad, shortsighted policy.

    There is also no denying that horribly free floating credit practices - at the commercial lending, personal lending, and personal stockbroker levels - poised both the stockmarket and the economy for a massive bleed when the crap hit the fan. Radically leveraged (and pyramidally building) margin trades, buy now, pain later, were in place in 1929, and much of the mentality has been floating near the surface for years now. In this respect, an interesting read:

    Robert Kuttner: 1929 Redux: Heading for a Crash?
     
    northpointaiki, Apr 10, 2008 IP
  10. debunked

    debunked Prominent Member

    Messages:
    7,298
    Likes Received:
    416
    Best Answers:
    0
    Trophy Points:
    310
    #1210
    I told you on that thread you can search for the attempted bills, you seem to know where this info is, it isn't baseless, I was stating my opinion and really wasn't interested in getting into a big huff over it. I have seen the evidence to know that some have tried to get bills through that would make some things in the Bible hate speech. If you don't want to check out to see what is in the hate speech bills, that is up to you. I am not doing it for you at this time.

    So, on the other subject, what I see as a common liberal trait, you are going to call a flaw. I agree with you, but it still is what I have seen (and heard liberals) a common trait. But so are traits such as basing things on feelings. Does that make feelings wrong? NO. Just basing decisions on feelings is foolishness.

    I am betting you will go on and on again about something I didn't say the way you think I did, but oh well, I tried to explain, but nothing I have said to help you understand my POV has done anything.

    Sorry, we are on different wave lengths here. I try to separate my opinions, feelings, and facts, but maybe I wasn't so clear.
     
    debunked, Apr 10, 2008 IP
  11. ThraXed

    ThraXed Peon

    Messages:
    1,794
    Likes Received:
    56
    Best Answers:
    0
    Trophy Points:
    0
    #1211
    NEVER! :eek::eek:
     
    ThraXed, Apr 10, 2008 IP
  12. northpointaiki

    northpointaiki Guest

    Messages:
    6,876
    Likes Received:
    187
    Best Answers:
    0
    Trophy Points:
    0
    #1212
    Debunked, this just doesn't make sense. I hope I can help explain why I take issue with your characterizations here, and elsewhere.

    1. As with Mia and Bogart now claiming the KKK is supporting Obama (when the hoax comes from a satire website), you make the claims you do:

    -that the United States is moving towards murdering Christians who don't convert to atheism or Islam; and

    -is introducing legislation to make the Bible hate speech.

    And yet have no apparent evidence to support such claims. I don't think it is unreasonable to ask for some kind of evidence; you're making the claim, so it behooves you to supply something in the way of source, evidence, whatever, to support the pretty wild accusation. Surely, you didn't form your opinions out of air? You had some kind of source that gave you your information? Why do you refuse to provide it? In lieu of providing evidence,

    2. Refusing to provide such proof, but maintaining I, or someone else, is merely twisting the words you actually wrote, leads to...

    3. The very thing you accuse "liberals" of doing as a matter of course, their being "liberal," I guess. You toss out buzzwords and statements with huge implications - the U.S. is moving towards Rome's Christian persecutions, in so many words - yet refuse to supply anything in the way of evidence as to why. And then accuse "liberals" of doing the very thing you do here. Particularly when I have seen ample evidence here of folks known to be not liberal in their views, relying on the merits of known hoaxes for their news sources, it does tend to negate the value of a statement saying all this is a "liberal" trait - yes? No?

    Do you not see the problem?
     
    northpointaiki, Apr 10, 2008 IP
  13. debunked

    debunked Prominent Member

    Messages:
    7,298
    Likes Received:
    416
    Best Answers:
    0
    Trophy Points:
    310
    #1213
    Like I said we are on different wavelengths. You are trying to say I did something wrong and won't accept what I am saying about what I have said.

    Proof of attempted legislation:
    http://www.govtrack.us/congress/billtext.xpd?bill=h110-1592
    http://www.govtrack.us/congress/billtext.xpd?bill=s110-1105
    http://digg.com/politics/Christians_Targeted_in_Hate_Crimes_Law_Currently_in_Congress
    http://www.theconservativevoice.com/articles/article.html?storyid=3467


    It is available on the internet.

    You still are making a mockery of my original statement that you keep going back to. You reword it just enough to miss what I said.
     
    debunked, Apr 10, 2008 IP
  14. northpointaiki

    northpointaiki Guest

    Messages:
    6,876
    Likes Received:
    187
    Best Answers:
    0
    Trophy Points:
    0
    #1214
    I'm doing nothing of the sort, Debunked. I long asked what you meant when you wrote:

    and

    What you literally wrote, without any interpretation of any kind; merely a request that you provide something, anything, literally, that led you to these conclusions. You refused to provide anything, with the exception of characterizing the question I put to you as a "twisting" of your meaning; and only now do you provide some kind of source material relevant to your contentions.

    You may try to paint a picture whichever way you would like, but again, your statements, and they raised questions. Thanks for the links - I will look forward to reading them.
     
    northpointaiki, Apr 10, 2008 IP
  15. northpointaiki

    northpointaiki Guest

    Messages:
    6,876
    Likes Received:
    187
    Best Answers:
    0
    Trophy Points:
    0
    #1215
    Well, debunked, I begin with your first link. How is HR 1952, "Local Law Enforcement Hate Crimes Prevention Act of 2007":

    - an act that deals with funding local law enforcement entities in the prosecution of hate crimes - crime, i.e., violence:

    How is this "Legislation to declare the Bible hate speech," or even relevant to the Bible? Or is this, too, more of my "rewording just enough" to twist either your statement, or the Act itself?

    I'll take a look at the others later. So far, not exactly convinced the U.S. is on the road to murdering Christians who don't convert to atheism or Islam, nor is it ready to imprison those who speak text from the Bible.
     
    northpointaiki, Apr 10, 2008 IP
  16. bogart

    bogart Notable Member

    Messages:
    10,911
    Likes Received:
    509
    Best Answers:
    0
    Trophy Points:
    235
    #1216
    The US trade defecit was a shy high $62.3 billion in February. There's a lot of talk about deflation but $62.3 billion a month of trade deficits is not deflationary.

    Looks like the home builders along with the investment banks have their hands in the cookie jar.

    The Senate is backing a housing bill heavy on tax breaks for home builders. Costing $15 billion over 10 years, the Senate bill gives a $6 billion tax break to home builders by temporarily extending a rule that lets businesses count current losses against taxes from prior profitable years.

    The National Association of Home Builders in January took the unusual step of halting all congressional campaign contributions after a tax break like the one in the new housing bill was dropped from an earlier economic stimulus package.

    http://news.yahoo.com/s/nm/20080410...g_senate_dc;_ylt=Asky3UQgyS_VKAhaavHKRY7v5rEF
     
    bogart, Apr 11, 2008 IP
  17. wisdomtool

    wisdomtool Moderator Staff

    Messages:
    15,825
    Likes Received:
    1,367
    Best Answers:
    1
    Trophy Points:
    455
    #1217
    Consumer spending contributing 2/3 of GDP the below isn't really a cause for celebration. Also GE the second largest component of the Dow posts lower profits and hints at lower expectations.

    Source http://biz.yahoo.com/ap/080411/consumer_confidence.html
     
    wisdomtool, Apr 11, 2008 IP
  18. bogart

    bogart Notable Member

    Messages:
    10,911
    Likes Received:
    509
    Best Answers:
    0
    Trophy Points:
    235
    #1218
    Consumer spending will need to decrease. Consumers are spending more than they earn. It's getting harder to spend, because, they can no longer use their home as a piggybank.
     
    bogart, Apr 11, 2008 IP
  19. guerilla

    guerilla Notable Member

    Messages:
    9,066
    Likes Received:
    262
    Best Answers:
    0
    Trophy Points:
    200
    #1219
    On two fronts actually. Not only will consumption trim out, but I imagine many of such folks are having trouble servicing their existing revolving credit.
     
    guerilla, Apr 11, 2008 IP
  20. Lukas

    Lukas Well-Known Member

    Messages:
    1,299
    Likes Received:
    23
    Best Answers:
    0
    Trophy Points:
    130
    #1220
    You folks hold on there. I going to find the guy who saw the imminent collapse in the USA's economy around 2001. it's somewhere in favorites folder.
    His predictions have been right on. We won't be out of our recession/depression until 2018.
    Don't worry I'll find the guy. He saw gold rising. He saw the real estate market crashing. Jobs losses.
    He saw the stock market also not going anywhere until real estate comes back in 2016-2018.
    He saw the coming inflation of consumer goods. I'll find it again, unless you can throw out some names.

    I think this stage in the crisis will continue until Americans change their thinking overall. There's just too many ignorant and me first people working at companies. Maybe greed and liberal laws are killing this country.

    Lots of problems to be solved. The issues get talked after the fact always with strong words, then they disappear until the crisis rears its head again.

    Learned our lessons from Columbine in 2000? Virginia Tech 2007 ?
    Learned our lessons from the 1930's depression? I don't think so.

    Who takes the blame this time? Oh surely it's not Greenspan's fault, or Clinton's liberal tax free capital gains law when you sell a home in 24 months, or investment brokerages doing exotic mortgage loans, anyone can own a gun with an id check in 1 month or buy it at a pawn shop, or was it Bush spending $12B per month in Iraq to secure oil for the world ( it was 1.69 in CA before he started that BS; now it's $3.50+ )..
    Sorry, Bush, I'll take Saddam's 10 or 20 cent spikes anytime over your $2.00+ spike and rising.
    WTH are you doing there anyway, wasn't it Afghanistan ? Then mess with Iran, then Colombia, here's a thought why not straighten out your own country first.

    Exactly How many press secretaries resigned under him ?

    He will go down as the worst Pres. of all time after putting us in the worst of economic times.

    Seriously, what did he accomplish and don't say well, it's from Clinton's policies that "X" happened. C'mon be truthful and not a die hard republican. I don't mind either party as long as they help our country.
    Impeachment is just a word. It will not happen, The Pres. is above the law in the USA. I include Clinton here too.

    Sorry for bantering, it's just sad to see our country turn for the worse and leaders deny responsibility or make domestic policy changes. Even worse, our economy will affect the world's economy so going elsewhere is not necessarily going to make u rich, maybe more peace though....hmmm
     
    Lukas, Apr 11, 2008 IP
Thread Status:
Not open for further replies.