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On GFY, it's easy to say pull the plug, freeze the global credit markets, hasten in the biggest financial collapse and depression the world has ever seen and probably set off multiple wars. |
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The "when" is not something I can answer specifically, but I think it should have been before Obama initiated the bailouts. Quote:
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I'm absolutely disgusted with Obama, and I'm disgusted at the Republicans for putting out this video which basically says "Remember all the stupid/evil stuff the Republicans did a couple years ago? Well Democrats are doing stuff just as bad now, so nanner nanner boo boo!"
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Arguably, the problem is not with the economic theory itself, but that one part of it is difficult to adhere to -- this being that politicians should reduce spending in good times. |
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It allows for (even recommends) spending, but doesn't mandate it. I'm not saying it's a perfect system. It relies on human nature. It assumes that people will make rational decisions both on spending and cutting spending -- both govts and individuals. |
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Gotcha. And pulling the plug right now.... or in the recent past, by not committing to stabilizing the system, but rather to let it collapse would not destroy the country?
That's your cure. Let the system collapse. Destroy the country anyway, now. |
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Politicians are all about getting more to keep their jobs, not being responsible for what will happen down the road. The government should be ran on a percentage of what the economy is. In bad times, they have to cut back, just like everyone else. Bush had his presidency in good times and spent a lot of money on some projects, but then the economy went bad and Obama spent like it was good times and it has failed. The jobless rate is shitty and he wants us to smile, FUCK HIM. He's bad for business, you can't raise the cost of business and hope for better employment from that business. |
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But I have to ask... Is it a possibility that things could have been even worse without the stimulus? What do you think would have happened if after Lehman they just let the dominoes fall? |
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What exactly is Obama's fault? It's just more morons crying and moaning and trying to blame Obama simply because they have the freedom to do so. Hell I could make a video that blames George Bush and put some quotes in it to try to prove my case but doesn't mean it's really his fault. Even though Dick Cheney has more ties to this mess than Obama could ever have in a million years. Hell even onwebcam might stop crying his 9/11 truthers shit and jump on the next big new conspiracy theory. OMG.. Obama is the evil Muslim terrorist and caused the oil spill.. !!!! |
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If you want play the blame game Dems versus GOP on Bin Laden, guess you lost http://www.infowars.com/saved%20page..._bin_laden.htm I don't think Obama caused the oil spill, he just has no leadership to get anything done about it. And yes he is a muslim, born and raised a muslim, then changed to christian beliefs, of course that has nothing to do with the way he treats Israel, he so lost the jewish vote, LOL |
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Simple answer, we needed to bail them out, but and that's a huge but, it was not done with any conditions, and these big too big to fail companies were not held accountable for their actions. |
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How is Obama to blame any more than Dick Cheney? Some kid got killed in Boston the other night, is that Obama's fault to because he's the president? No? Then why the fuck is something that happened in the middle of the fucking ocean, to a British owned company Obama's fault? If you are seriously trying to blame Obama for this oil spill, you are crazy. BTW I do love how many Republicans are starting to blame this on lack of regulations.. Yet anytime New regulations are pushed they are the first to fight them.. (think EPA for example) |
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