most of those 'woodwork' voters will goto Obama and if he wins the wife and I will be quitting our jobs and applying for welfare as we will bring home more money.
Yes, I think he will tear us apart.
No, he will bring us closer together.
most of those 'woodwork' voters will goto Obama and if he wins the wife and I will be quitting our jobs and applying for welfare as we will bring home more money.
Originally Posted by BanginJimmy
thats what i just said
2005 Ford F-150 FX4 Supercrew
This is serious hyperbole.
my father told me the other day(he heard this in the news or radio or something)
by the end of this year and beginning of next year, REGULAR gas price is gonna be like $7..and i can believe that b/c i was looking at recent gas prices and i saw that it was already up to $5 w/some change..im not sure where, but the gas prices are rocketing non-stop..obama looks decent to manage but IMO we all need a new leader;no one makes them like they used to...sad...terribly sad
Whoever your dad was listening to is a dumb mother****er, much of oil's (and therefore gas') increase in price is due to speculation. The price of something growing rapidly based on speculation is called a bubble, it can only grow for so long until a price correction "pops" the bubble and all is right in the economic universe once again.my father told me the other day(he heard this in the news or radio or something)
by the end of this year and beginning of next year, REGULAR gas price is gonna be like $7..and i can believe that b/c i was looking at recent gas prices and i saw that it was already up to $5 w/some change..im not sure where, but the gas prices are rocketing non-stop..obama looks decent to manage but IMO we all need a new leader;no one makes them like they used to...sad...terribly sad
More over, you can't really pin high energy prices on <x> administration. The real problem is the condition of petro addiction the oil lobby has created in this nation over the past century or so.
well in that case we'll just wait and see what happens...
thanks for specifying
oil is back down to under $125. As oil prices continue to drop, the financials are going up so I think we just might make it through this foreclosure issue without any more major banks closing shop.
would you say now would be a good time to invest in all of those banks that were hurting, Wamu for instance at 3$
2005 Ford F-150 FX4 Supercrew
well immediately after I said that, all of my bank stocks took a huge hit so I really dont know right now.
They did an experiment a few years ago where they put a bunch of papers with stock symbols in a cage with a monkey. The monkey would take the papers from side to side, one side being "buy them", the other being "don't buy them". They basically left all stock options to the monkey.
A group of 100 professional traders from big firms lined up against the monkey and after a 30 day period, they monkey made more money then half of them...
Shows you what a guessing game the market is...
2005 Ford F-150 FX4 Supercrew
arnt we dealing with that situation right now with the current president? lol
not at all.
Actually, his administration's policies alone managed to turn the largest budget surplus ever into the largest deficit ever (Republican = Fiscal Responsibility, though, obv), facilitated increased divergence of the already highly divergent wealth disparity (regressive tax cuts) and contributed to the dollar's slide downwards in terms of international currency exchange values (all that borrowing, mostly for the war, supply and demand actually applies to the value of currency as well) and has generally just ****ed up. A lot. I could go on for a while.
war is expensive, we knew that going in. During WWII there were war bonds, they arent doing that now so the govt has to raise the money another way.
That budget surplus also resulted in lessened military and intelligence capabilities. Personally I would rather have top notch intel and military than a budget surplus.
And dont get into taxes if you support Obama, his tax plan will make this downturn look like a booming economy. The US will wish it was only as bad as the great depression. Taking more money out of people's pockets is not the way to turn the economy, putting more money into people's pockets will.
The economy would survive and indeed thrive in a climate of higher taxes. If I'm not mistaken, Clinton's administration was marked by much more positive economic conditions than Bush's.
Last edited by The12lber; 07-28-2008 at 09:56 AM.
What about the 500+ tons of yellow cake was found in Iraq in 04 and just recently moved to Canada?Yeah, it is, but why sacrifice the expense for something that just wasn't a threat. Seriously, Iraq a national security threat to the United States in 2003? lawlerskates
So you are trying to tell me that a combat plan didnt go off exactly as planned? I just cant believe that would ever happen. Oh and that few weeks thing was the combat portion, the administration knew before going in that we were going to be there longer than a few weeks.And as a side note, we were lied to about that going in. The administration said it would take a few weeks or months, cost 50-60 billion dollars and that the oil would recoup all losses.
While they werent exactly wrong, they werent right either. After Clinton gutted the intelligence community its no wonder that we got some bad intell.Not to mention that whole lying about the WMDs thing.
Is that why oil has been dropping since Bush repealed the Presidential ban on drilling? Sounds to me more like speculation got out of hand and drove up the costs of oil.The weak dollar is doing some some serious damage to the economy in the form of increasingly expensive energy.
I agree, the first place to cut from the budget though should be money for nothing programs. Changes such as no more money for more babies, time limits, actual meaningful oversight would cut a HUGE portion of the budget out.There's no excuse to run in a budget deficit, we have a 13 trillion dollar economy, we can afford top notch everything without debt.
Money MUCH better spent than on entitlement programs. I dont there is could possibly be an unnesessary expendature when it comes to protecting this country and its foreign intrests.Also, our military and intelligence spending is huge. Unnecessarily huge. Military expenses were 630 billion dollars in 2007.
Look at operational spending only and it changes things. The US has the highest paid military in the world and thats a huge portion of the budget. Not to mention R&D which most other countries dont do.Military expenses were 630 billion dollars in 2007. The United States alone does half of the world's defense spending.
More on that, the US is not even close to half of defense spending worldwide. I'm willing to bet that China is spending every bit what we are and they are paying their troops about 10% of what ours are receiving. Dont both quoting numbers published by the Chinese because everyone knows they are only a fraction of reality.
I agree completely. The US needs to ween itself off of electronic intell and get back to using human intell. Actually putting people on the ground is the only way to realisticly bolster our intelligence gather capabilities.More over, simply throwing money at the intelligence community doesn't necessarily improve its quality.
Again, I agree, but how intelligent of people you have means nothing when theres no real evidence of whats going to happen, where its going to happen, or when its going to happen. You need boots on the ground to do that.Pre-9/11 a hundred and one indiotic gaffes allowed the terrorists to slip through the cracks. You need to have intelligent people in intelligence, not highly paid buffoons.
Clinton also rode 2 seperate booms during most of his presidency( housing and dot com) and was in office at the very beginning of the current downturn. Not to mention the fact that Bush has had an unpopular war, Katrina, the housing bubble, and sky rocketing oil prices to deal with.The economy would survive and indeed thrive in a climate of higher taxes. If I'm not mistaken, Clinton's administration was marked by much more positive economic conditions than Bush's.
The way to get the economy back on its feet is to leave private business alone to heal itself, and to do everything possible to keep people's money in their pocket. Giving people less money to put into the economy is not going to help the economy recover.
---
____
In reality, fiscal responsibility will produce better results long run. Cutting Bush's tax cuts, reigning in military spending, not giving the Government's rich friends at Banks hand outs and raising some taxes would be good.
My recomendation to you would be if you plan to hold strong convictions about the future of this country, become better informed, because as of now it would seem you are quite poorly informed. That makes it pretty hard to form a good opinion.
Last edited by The12lber; 07-30-2008 at 12:00 AM.
Yah seriously. I really hope they raise my taxes, tax the small business I work for more, lower my take home pay so that we can create more government hand outs. That would be stellar.
1997 M3/4/5
2004 X4 4.4i
1987 325iS 24V 6speed
If you understood the budget and the tax code, you'd understand why none of that is true. Unfortunately, people don't bother educating themselves and would rather create their political beliefs based on hearsay.
Also, there are plenty of Government hand outs now under Bush. Mostly to big business. No bid contracts ring a bell? Billions of dollars to bail out banks that dug their own graves with irresponsible lending practices when the Government is already a massive deficit sure sounds like the policies of a fiscally responsible and economically mindful party to me.
Oh really? None of it is true?
So if Obama raises taxes on the tax bracket I am in then I won't take home less? Please explain. This would be awesome if I can dodge a tax increase.
Now if he raises taxes on small business, this would eat into our profit margins which affects my pay. How? I am paid off company profits alongside my salary and that is a big part of my pay. Now we can either raise prices and hope it doesn't affect sales or deal with the lower margins.
So how is none of this true?
1997 M3/4/5
2004 X4 4.4i
1987 325iS 24V 6speed
Unless I'm mistaken, he hasn't explicitly stated what his tax code revisions would be. The only reasonable revisions would be on high income earners. You know, the people with the lion's share of the wealth. Are you making more than 300,000 dollars a year? Are your company's annual profits in the billions? If they aren't, I wouldn't worry.
You're speculating and its not quality speculation.
I think company's with annual profits in the billions are never going to have to worry about what the government is going to do with taxes. The rich stay rich (which i have no problem with, they drive the economy) and can hide that money away in so many ways its not even funny.
The people that need to be worried about Obama's taxes are exactly like he said, small business owners.
2005 Ford F-150 FX4 Supercrew
You obviously can't read, because I said his most likely move would be to tax high income earners. The uppermost tiers of the financially priveleged in this nation have a tremendously disproportionate amount of wealth, there's a lot more money in reversing Bush's economic policies and taxing them then taxing some small businesses making small change or people who aren't making six figures.
you obviously can't read either.
Like i said i'd rather they keep banking and making steps and strides for the economy then there be handouts.
2005 Ford F-150 FX4 Supercrew
----
You edit your post a lot
That is the 3rd different reply you posted.
1997 M3/4/5
2004 X4 4.4i
1987 325iS 24V 6speed
It didn't initially post. And if I post it and I immediately afterwards feel it doesn't contain enough information, why not edit it?You edit your post a lot
That is the 3rd different reply you posted.
And for the record, regarding my own stance on the election, they're both douchebags but McCain is a much larger, thoroughly incompetent douchebag.
Don't expect much from Obama, though. If voting changed ever changed a thing, they'd make it illegal. Sure that would violate the constitution, but that's never stopped a President or congressman or Supreme Court Justice (you know, the people who are actually supposed be the last line of defense against unconstitutional acts) before.
You are right in that respect. Elections now are who has the more believable lies and it is a popularity contest.
1997 M3/4/5
2004 X4 4.4i
1987 325iS 24V 6speed
its funny how people cant see the gray between each sides, which is what we need.... gray.
dude's been an american citizen for only 2 years, now he's going to try and run the country? hah. good one.
Everything is better when it's on fire.
2006 Civic Si
2005 Kawasaki ZZR600
Was obama born here? I know the terminator wanted to be president but he couldnt because he wasnt born here.
He was born in Hawaii
Some people fell to realize those days are over anyway. Thats why history will repeat itself.
Is this political Monday or something? Seem like every anti Obama thread is up and running.
Well, the only thing I have to say about all this is that I rather have a democrat with a decent VP than a half dead twit with a VP that has had less then two years as governor. And the only other political experiance (if you can call it experiance) she has had is being a mayor of a very small town in Alaska. Now riddle me this. How would you feel if McCain happened to die and this fluke VP with a more extreme domestic plan then George W. and NO foreign policy experiance would take office. I would be s***ing my pants if this were to happen. Personally Obama is the obvious choice. I've always been neutral when it came to presidential nominations but with recent events that Dubya has caused makes me want for a change.
Posting Permissions
Reply With Quote
