You may want to look at my link and my quotes before you continue posting because it's looking bad for you.


http://www.washingtonpost.com/wp-dyn...011300861.html

http://www.chicagotribune.com/busine...,5840688.story

http://www.washingtonpost.com/wp-dyn...011300861.html

http://www.rollingstone.com/politics...obamas_bailout

http://www.politico.com/news/stories/0908/13704.html

Andddd....

http://www.politico.com/news/stories/0908/13631.html

I would post more but I think the people on here get the idea. Too easy.

Ok? Yeah those are proposals to overhaul, change, add, move.. what was already going.

You seem to be confused.. let me quote us again.

And your stupid ass said...



And based on the dates on the bailouts and stimulus plans, Obama wasn't even elected yet.

Anyway..... back to coding.

Just skimming the last few pages I have to ask you honestly if you're mentally ill, retarded, stupid or if you're just trolling. I haven't seen so many inaccuracies in one place since Bush declared victory. If you're just trolling then well played, sir. Well played. :thumbsup

Yes, you said Bush started the stimulus plan, and I said they were Obama's thing, as in he initiated enough to dwarf Bush's debt. You're incompetent.

here is a summary of the impact of medical costs upon bankrupt Americans. 60% is a hell of a big number to be simply a lie.

http://www.nchc.org/facts/cost.shtml (didn't find out the party loyalty of the thinktank, if there is a problem i will find a republican fact sheet)

and that deficiet number is based directly on the current recession and costs of stimulus. I know you like blaming Obama solely for that, but since it was a agreed upon course of action by every major financial government on the planet, you can't simply lay all the blame at Obamas feet..

You could in fact lay it directly at the feet of the federal reserve. You know, the peeps that lost the trillions of dollars?

ROFLROFLROF.. Inaccurate according to you? I didn't know members of GFY were the authorities on accuracy ROFL... Speaking of trolling, this was the perfect post. Thanks for the laugh.

The FED has been the biggest fault of US recessions since its creation in 1913. However, it was Obama's choice to keep on Bernanke and it was Obama's choice to circulate Bush's stimulus plans. Nobody is blaming everything on Obama but if people want to throw the blame at Bush, it goes both ways. Obama's deficit spending is unprecedented.

it's unprecedented because this form of economic recovery has never been tried. If i had to hazard a guess, I'd say this is some sort of arrangement pushed by the Chinese due to the socialist flavour it has, and forced upon western powers because the Chinese hold you guys by the balls in a very tight financial grip.

I think saying that Obama 'chose to keep Bernanke' is slightly bold. I don't think it would be as easy as saying 'cya' in the middle of a massive financial crisis etc

He is more of a tool than a troll.... trolls normally keep up, this guy is simply an idiot.

These 4 pages of debate is worthless.

bottom line is that congress is controlled by wealthy special interests, & our government no longer functions on behalf of the voters. It functions only for big corporations, big military, & big government. It means nothing which idealogy is in charge, because they are both whores to the money class.

our parents should have listened to Eisenhower :(

You gotta love this forum clown. His constant embarrassment brings laughs to other members. Keep it up bozo, we need our entertainment!:)

you understand that you linked to a lobbiest's webpage and not a governmental or journalistic one, right?

here's a more accurate website:
http://www.washingtonpost.com/wp-dyn...010303617.html
odd how medical costs aren't mentioned once. 60% isn't something the washington post would miss.
so yeah. its simply a lie.

no it isn't. where did you get THAT fact, michele obama's official website?

we are NOT spending 8 trillion dollars over the next 10yrs on stimulus.
you're simply wrong.

got that right.....seriously does anyone want to admit that they are part of either party? They both suck. I hope that we vote all of them out.

yea that's why i put the disclaimer. The link i put up is the national coalition of healthcare.

here is a link from another group: http://www.pnhp.org/new_bankruptcy_s...uptcy-2009.pdf

These are doctors and groups that need facts in order to prove what they're talking about. If you're going to dismiss these out of hand, there is no further point on us talking about it. I asked you look this up yourself from sources that you can believe. These lobbyists, doctors, would stand to lose money if Socialized medicine was introduced wouldn't they? seems odd that they'd be trying to implement it.

no it was an opinion based on what i have heard about Canadas deficiet and action plan:

http://www.actionplan.gc.ca/eng/index.asp

London, UK action plan:

http://www.london.gov.uk/mayor/economy/recovery/

Germany and France refusing for a global action plan and opting for independant action plans:

http://www.guardian.co.uk/politics/2...el-g20-economy

Makes sense.

METHODS: We surveyed a random national sample of 2314 bankruptcy filers in 2007, abstracted their court
records, and interviewed 1032 of them.

interview:
"I didn't go bankrupt because I misspent my money, it was because I was sick"
um, yeah. they interview failures and gave them an appealing out, "medical reasons"

Using a conservative definition, 62.1% of all bankruptcies in 2007 were medical; 92% of these
medical debtors had medical debts over $5000.................Most medical debtors were well educated, owned homes, and had middle-class occupations.

uh, well educated middle class does not go bankrupt over $5k in debt. get it?

translation: you're right, 12clicks, the US is NOT spending 8 trillion dollars on stimulus, I clearly misspoke.

The private sectors are the ones who fucked everything up because of greed.

Yet I still get my mail like clock work and its goverment run

If I was Obama and I wanted to keep my word I would promote the idea of getting off your lazy ass and starting your own mom and pop health insurance/health care business. If all kinds of americans started doing this there would be more job creation,stimulated economy, and self-sufficient health care. Screw the government. Mom and pop should be reinventing their own GM motors too. Need to stop turning to the state for help. Need to quit bailing out and DIY. America needs to transform into a new powerful machine run by the people for the people. The revolution.

Obviously these two points need to be made AGAIN, so here ya go - consider this a Public Service Announcement:

1. MEDICARE FOR EVERYBODY. Problem solved.
2. ANYONE who likes, supports and admires George Bush or ANY Republican politician these days - is evidence of a major character flaw in their personality.

obama will save world

well, I think we know which children will be repeating the 2nd grade.

classic!

I agree it doesnt have to do with either party since both are in the back pockets of big business now. Greed in Goverment and big business have forgotten about middle class or dont care. Middle class is the heart of america and built it.

Without Middle class we are just another 3rd world country.

We need to bring jobs back to America:2 cents:

12clicks.. you used 1 of the 3 methods they used to gain this information. obviously you're amusing me and i thank you for it.

I didn't say they'd be spending trillions directly on the stimulus or that the stimulus was the direct cause. I said due to the recession, fallout from that, as well as many other factors now and in the future that number is created.

Canada has been posting surplus' for years and they finally posted a deficit for the next 4 years or whatever. The thing is our politicians and citizens seem to understand why that may be...

I think, what you mean to say is, we need to create new jobs. There are a lot more unemployed people than there are jobs to do. That is the thing about technology . . . it is a time saver which reduces the need for human input.

I thought our lord and savior promised new jobs. He had better get on it or start fining people for reproducing instead of giving them additional tax credits.

incorrect. again. do you know the meaning of the word "and" that report does not say "or" it says "and" they specifically used the method I pointed out.

here's what you said. liar:

He did promise new jobs, and new jobs have been created.

He didn't say millions of jobs would be created in a few months... he said, his 'goal' is to create OR save, 3 million+ jobs by the end of NEXT year.

Let's give the man a chance... after all he is moving forward.

At least I got past 1st grade :) now let me explain it in 2nd grade Terminology

2nd grade has been good to me... I've been making lots of money in 2nd grade why change what?s working for me.

As far as government goes dem or rep. they are still stuck in 1st grade at least I realize if things aren?t working it?s time to make big changes. Both sides are afraid or don?t care since they live in a bubble or have tunnel vision.

When I was in 1st grade I realized my ship was sinking and I had to revamp everything by cutting cost and trying new things which is ongoing. Now the ship is in a new direction that looks bright

:1orglaugh

Actually we need to do both create more jobs and stop outsourcing everything and bring the jobs back to America. From customer service to production. Top 1% of the money makers need to stop being so greedy and spread some of the wealth again or they won?t have anyone left to buy their products

Hummmm you may have a good point there. I am an evil fascist bloodthirsty monster and I vote Republican. Perhaps there is a correlation. :)

I agree he's got 4 years we need to at least give him a chance

http://www.nydailynews.com/opinions/...t_debacle.html

The coming debt debacle: Top economist says President Obama must slash spending, now

New federal budget numbers released last week by the Congressional Budget Office (CBO) ought to be a game-changer for Congress and the Obama administration. Even before the new estimates, opinion polls revealed serious concerns of most Americans about large deficits and exploding federal debt. Those concerns will only intensify now, because the new estimates show that the budget problem has worsened considerably: The federal deficit will be $2 trillion higher than earlier estimates over the next decade, bringing the debt increase under the administration's budget policy to $10 trillion.

Adding to the worry is that this large $2 trillion upward revision took place over the very short span of five months since the CBO's previous estimate in March. The revision is mainly due to higher estimated interest payments on the debt and new spending.

The President's proposed health care plan will pile on more debt, according to the CBO. And all this lies on top of the debt-increasing stimulus package passed in February.

These large deficits represent a systemic risk to the economy, worse, in my view, than the threat of a crisis in the commercial real estate mortgage market, which many think is the next shoe to drop. Under the new estimates, the ratio of debt to Gross Domestic Product (GDP), a measure of our ability to service the debt, will rise from 40% at the end of last year to over 80% in 2019 with the administration's budget. It will then continue to rise at an accelerating rate. By way of comparison, the debt to GDP ratio was 40% at the end of the 1980s - a decade remembered for high deficits - less than half that projected at the end of the coming decade.

Without spending discipline, damaging tax increases are required to close such deficits, and that is why rumors of new value-added tax are circulating. The deficits would also bring a long painful period of high inflation like the late 1960s and 1970s, a period of frequent recessions and persistently high unemployment when people began to lose confidence in the dollar.

And the growing deficits will require that the administration beg China and other countries to buy our debt, adversely affecting our foreign policy.

How much might taxes have to rise? To close the deficit in 2019 when it is projected to be running at a pace of $1.5 trillion per year, a 70% tax increase would be needed, clearly damaging to the economy and both politically and economically foolish.

But the calculations show that the problem is way too big to solve by tax increases alone.

So what game-change is called for? We must start scaling back the growth of spending now. Lay out a plan to balance the budget in five years. We must also end the bailouts - another government action hated by most Americans - by making it clear that institutions that are too big to fail are too big.

We should postpone a new health care program that requires increased government spending, and in the meantime focus on good ones that don't. In the current emergency situation we should be reforming existing entitlement programs before adding new ones.

And, since the budget problem is too big to solve by increasing taxes, we should not increase taxes. We can hear the objections: Pulling off some of the stimulus too soon will cause another downturn. But a growing debt, permanent tax increases and threats of inflation are far more likely to cause another downturn.

In my view the government stimulus program is not working. Virtually all the improved performance in the second quarter came from private investment, and making one-time payments to people is not jump-starting consumption.

But even if you thought the stimulus was working, this is no excuse for trillion-dollar-plus deficits as far as the eye can see. New facts are telling Washington to change course now.

John B. Taylor is the Mary and Robert Raymond Professor of Economics at Stanford University and the Bowen H. and Janice Arthur McCoy Senior Fellow at the Hoover Institution.

Can you name another president that pulled the Country up from the bottom in the first year or even the 2nd?

This guy will be LUCKY if he can move us 10 feet forward.. he is climbing straight up a damn wall after all.

To most of us, he is clearly moving forward, it's simple; you guys don't like the direction he is driving in, but his ass is still going forward.

Democrats have no interest in bringing jobs back to America. That would require incentives of which they only provide to those that are unemployed. :2 cents:

And anyone who supports liberalism or Obama has a mental disorder.

Btw, Medicare and Social Security are ponzi schemes. National debt is around 50 trillion dollars when you include those two. Educate yourself or you'll end up looking as foolish as the Doc.

Jobs left with a Republican on watch.

How do you create new jobs when this country isn't producing anything and Obama is continuing his deficit spending? Oh, you mean stimulus jobs? Yea those exist until the stimulus is up and people aren't buying anymore. Obama's knowledge of economics is elementary at best.