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2012 Presidential Election (free for all edition)

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Old 07-10-2012, 08:14 PM   #121
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Re: 2012 Presidential Election (free for all edition)

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Originally Posted by firstdown View Post
Those car companies had to be bailed out why?
this is hysterical. you make it sound like Hertz, Davis, and Enterprise rent a car. these companies employ 10s- 1000s of Americans. to let them go by the wayside would have been ridiculous
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Old 07-10-2012, 08:16 PM   #122
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Re: 2012 Presidential Election (free for all edition)

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Originally Posted by NC_Skins View Post
I know it's fake, but it's still funny.
I got a good yuk, yuk.
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Old 07-10-2012, 08:28 PM   #123
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Re: 2012 Presidential Election (free for all edition)

Whoa...when did he become an Obama surrogate or was he just playing dumb all this time?

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Old 07-10-2012, 10:34 PM   #124
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Re: 2012 Presidential Election (free for all edition)

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Originally Posted by Giantone View Post
So how many companies that were bailed out have paid back the money?
Here's one account. Basically they're saying the bailouts are currently around: OUTFLOWS: $602 billion, INFLOWS: $390 billion.

LINK

Keep in mind, how some money was paid back is interesting. It's no coincidence that banks which shuffle around money anyways, could "pay back" the bailout faster. And GM actually "paid back" some bailout money with other bailout money. LINK. The GM stock bought is supposed to be sold by the government when it reaches value enough to pay back the original "loan", which won't happen until/if the stock basically doubles in value outside of inflation and interest.

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The employment #s are going south becuase of Congress hell Ray Charles can see that.
How is Congress doing that?

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Old 07-10-2012, 11:50 PM   #125
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Re: 2012 Presidential Election (free for all edition)

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How is Congress doing that?
Presidents can't pass laws, only Congress.


Have you not paid attention to anything the GOP has done over the past 3-1/2 years? It's without a doubt they've gone out of their way to gridlock anything the President wants done. Budget? Nope. Health Care? Nope. They few things he did manage is because of him scratching their backs by extending the tax cuts for the rich. They want to tank the entire economy just so they can point the finger at the man in charge and say "It's his fault!!"
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Old 07-11-2012, 04:57 AM   #126
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Re: 2012 Presidential Election (free for all edition)

post#160
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Old 07-11-2012, 06:06 PM   #127
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Re: 2012 Presidential Election (free for all edition)

Mitt Romney Booed At NAACP Convention For Saying He'd Repeal Obamacare (VIDEO)

Wrong speech, wrong place Mitt. GG.
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Old 07-12-2012, 04:16 AM   #128
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Re: 2012 Presidential Election (free for all edition)

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Originally Posted by NC_Skins View Post
Presidents can't pass laws, only Congress.


Have you not paid attention to anything the GOP has done over the past 3-1/2 years? It's without a doubt they've gone out of their way to gridlock anything the President wants done. Budget? Nope. Health Care? Nope. They few things he did manage is because of him scratching their backs by extending the tax cuts for the rich. They want to tank the entire economy just so they can point the finger at the man in charge and say "It's his fault!!"


...............this!
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Old 07-12-2012, 09:49 AM   #129
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Re: 2012 Presidential Election (free for all edition)

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Absolutely right speech for any place. Romney didn't change who he is or his message for the NAACP and received a standing ovation at the end of his speech.

Romney's NAACP Speech Gets Standing Ovation - Business Insider
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Old 07-12-2012, 09:59 AM   #130
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Re: 2012 Presidential Election (free for all edition)

Missed this on the 4th, but still relevant:

Hot Air Day is upon us. On July 4 hot air will spew forth all over the country as dignitaries deliver homilies to our “freedom and democracy” and praise “our brave troops” who are protecting our freedom by “killing them over there before they come over here.”

Not a single one of these speeches will contain one word of truth. No speaker will lament the death of the US Constitution or urge his audience to action to restore the only document that protects their liberty. No speaker will acknowledge that in the 21st century the Bush/Obama Regime, with the complicity of the Department of Justice, federal courts, Congress, presstitute media, law schools, bar associations, and an insouciant public have murdered the Constitution in the name of the “war on terror.”

As in medieval times, American citizens can be thrown into dungeons and never accounted for. No evidence or charges need be presented to a court. No trial is required, and no conviction.

As in tyrannies, US citizens can be executed at the sole discretion of the despot in the Oval Office, who sits there drawing up lists of people to be murdered.

Protestors exercising their constitutionally guaranteed rights to freedom of speech and freedom of association are attacked by armed police, beaten, tasered, tear-gassed, pepper sprayed, and arrested.

Whistleblowers who report the government’s crimes are prosecuted despite the statute that protects them.


I'd disagree with the Medieval times comment and his position on Manning but overall I like the attitude.

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Old 07-12-2012, 01:51 PM   #131
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Re: 2012 Presidential Election (free for all edition)

Remember back in the early 90's how all the GOP were screaming that the tax hike on the rich would stifle the economy and jobs would be lost. They were very wrong then and they are VERY wrong now.


Tax Increases to Reduce Deficit Will Help, Not Hurt, Growth - Economic Intelligence (usnews.com)


I love how politicans (both alike) like to pump fear into their constitutes all for the sake of gaining leverage.


I feel dirty for posting this, but here goes. It's a well thought out talking point and if anybody can find fault (or any biased slant) to it, I'll pull it.

Cagle Post » Republicans Were Wrong in 1993 On The Effect Of Upper-Income Tax Increases
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Old 07-12-2012, 02:28 PM   #132
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Re: 2012 Presidential Election (free for all edition)

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Originally Posted by NC_Skins View Post
Remember back in the early 90's how all the GOP were screaming that the tax hike on the rich would stifle the economy and jobs would be lost. They were very wrong then and they are VERY wrong now.


Tax Increases to Reduce Deficit Will Help, Not Hurt, Growth - Economic Intelligence (usnews.com)


I love how politicans (both alike) like to pump fear into their constitutes all for the sake of gaining leverage.


I feel dirty for posting this, but here goes. It's a well thought out talking point and if anybody can find fault (or any biased slant) to it, I'll pull it.

Cagle Post » Republicans Were Wrong in 1993 On The Effect Of Upper-Income Tax Increases
The Graph That All Tax Hike Mystics Need to Grapple With

from the link: "Economic growth, measured as real Gross Domestic Product (GDP), was a moderate 3.3 percent in the period from 1993 through 1996, and real wages actually fell for the entire period. In contrast, the 1997 tax cuts, which significantly lowered the capital gains tax rate, coincided with a period of strong business investment, strong real GDP growth at 4.4 percent, and strong real wage growth of 1.7 percent."

also: http://www.politifact.com/truth-o-me...economy-1990s/
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Old 07-12-2012, 03:04 PM   #133
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Re: 2012 Presidential Election (free for all edition)

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Originally Posted by Slingin Sammy 33 View Post
The Graph That All Tax Hike Mystics Need to Grapple With

from the link: "Economic growth, measured as real Gross Domestic Product (GDP), was a moderate 3.3 percent in the period from 1993 through 1996, and real wages actually fell for the entire period. In contrast, the 1997 tax cuts, which significantly lowered the capital gains tax rate, coincided with a period of strong business investment, strong real GDP growth at 4.4 percent, and strong real wage growth of 1.7 percent."

also: http://www.politifact.com/truth-o-me...economy-1990s/

The Graph That All Tax Hike Mystics Need to Grapple With? Wow...the absurdity of this graph and its claim are quite insulting, even to a 9th graders intelligence.
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Old 07-12-2012, 03:32 PM   #134
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Re: 2012 Presidential Election (free for all edition)

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Originally Posted by Slingin Sammy 33 View Post
The Graph That All Tax Hike Mystics Need to Grapple With

from the link: "Economic growth, measured as real Gross Domestic Product (GDP), was a moderate 3.3 percent in the period from 1993 through 1996, and real wages actually fell for the entire period. In contrast, the 1997 tax cuts, which significantly lowered the capital gains tax rate, coincided with a period of strong business investment, strong real GDP growth at 4.4 percent, and strong real wage growth of 1.7 percent."

also: PolitiFact | Bill Clinton takes credit for "flowering" of economy in 1990s

Neither one of your links disprove the affects the tax cut bill had on the economy. Not that I remotely gave Clinton credit for it, but even in the politifact link. That first link is just LOL. Last time I checked, we were on the road to removing our deficit and having a surplus, which is exactly what the GOP is screaming for.

They don't want it, and it's obvious by their actions they don't.




Quote:
Here are some of the key indicators we looked at:

• Gross domestic product. Between the third quarter of 1993 and the fourth quarter of 2000, the economy culumatively grew by just about one-third, or approximately 4.4 percent per year. By comparison, growth between the first quarter of 1991 and the third quarter of 1993 was just under 3 percent per year.

So growth was strong in both periods, but it was stronger after passage of the bill.

• Unemployment. Unemployment fell from 6.8 percent to 3.9 percent between passage of the bill and the end of Clinton's term, a period of seven and a half years. That continued a decrease that was already under way: Unemployment fell a full point between a peak of 7.8 percent in June 1992 and August 1993.

So, once unemployment turned a corner, it fell noticeably during both periods. But the period after passage of the bill was especially impressive. During those 90 months, there was only a single occasion when unemployment rose for two consecutive months -- and even that was an exceedingly modest gain, rising from 4.3 percent to 4.4 percent and then 4.5 percent between April 1998 and June 1998.

• Personal income. After the bill's passage, personal income increased by about 7.5 percent a year, compared to about 5.2 percent a year prior to passage. So income growth was strong in both periods, but it was stronger after the bill passed.

• Industrial production. Industrial production followed a similar pattern. It rose by about 5.6 percent per year after passage, compared to 3.2 percent per year before passage.

• House prices. The same goes for the real estate market. House prices rose about 4.7 percent a year after passage, compared to 2.4 percent per year prior to passage. (If you thought housing prices rose faster than 4.7 percent per year under Clinton, you may be mistaking his presidency for George W. Bush's; during the first seven years of the Bush administration, housing prices grew by almost 8 percent annually.)

• The stock market. From the passage of the bill until the end of Clinton's term, the Dow Jones Industrial average rose from 3,651 to 10,788 -- a stunning 26.7 percent per year. That dwarfs the historically healthy increase of 10 percent a year for the two and a half years prior to passage.
I don't think anybody is saying that raising the tax rates on the rich was solely responsible for the economy. However, it is (and was) apparent that the bill had a major affect on the economy and in a good way.


We've tried cutting taxes since 2001 (bush and obama) and it hasn't work. Why in the **** would you continue with such reckless behavior and decisions? Oh, I know what, let me continue doing exactly what's drove us into the ground!!

We have to raise taxes (especially the rich). It's about time those .0001% (not the 1%) pay their fair percentage of taxes that most of us had to pay over the past 15 years. For to long, they've dodged taxes through various loopholes and legislation that the normal people couldn't, so it's a fair play of turnabout. Too bad you can't buy that 6th home overseas or that 3rd yacht.
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Old 07-12-2012, 04:54 PM   #135
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Re: 2012 Presidential Election (free for all edition)

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Originally Posted by NC_Skins View Post
Neither one of your links disprove the affects the tax cut bill had on the economy. Not that I remotely gave Clinton credit for it, but even in the politifact link. That first link is just LOL. Last time I checked, we were on the road to removing our deficit and having a surplus, which is exactly what the GOP is screaming for.

They don't want it, and it's obvious by their actions they don't.






I don't think anybody is saying that raising the tax rates on the rich was solely responsible for the economy. However, it is (and was) apparent that the bill had a major affect on the economy and in a good way.


We've tried cutting taxes since 2001 (bush and obama) and it hasn't work. Why in the **** would you continue with such reckless behavior and decisions? Oh, I know what, let me continue doing exactly what's drove us into the ground!!

We have to raise taxes (especially the rich). It's about time those .0001% (not the 1%) pay their fair percentage of taxes that most of us had to pay over the past 15 years. For to long, they've dodged taxes through various loopholes and legislation that the normal people couldn't, so it's a fair play of turnabout. Too bad you can't buy that 6th home overseas or that 3rd yacht.
You intrepret what you want. If hard numbers and stats don't back up your point you demean the source as "biased". Of course Heritage is biased, but their research and numbers are accurate. I don't see how an impartial person would look at these numbers and blow them off.

Oh well, the links and responses aren't for you and others that aren't impartial anyway.

P.S. BTW, how do you explain away the improvement in economic numbers from '93-'96 to '97-'00.....after GOP driven tax cuts were put in place?
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