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Old 11-14-2012, 09:13 PM  
petegz28 petegz28 is online now
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Classic Obama double-speak

Quote:
Obama said the top priority in solving the country's fiscal crisis "must be jobs and growth."
Quote:
White House press secretary Jay Carney said the president would bring to the table a proposal for $1.6 trillion in new taxes on business and the wealthy when he begins discussions with congressional Republicans, a figure that Obama outlined in his most recent budget plan. The targeted revenue is twice the amount Obama discussed with Republican leaders during debt talks during the summer of 2011.
http://www.cnbc.com/id/49821777

Ok, you can't say on one hand your #1 priority is "jobs and growth" and on the other hand talk about raising taxes on business.

For the economically challenged, raising taxes on businesses raises the cost of doing business which does not spur job creation nor growth of the economy.

I swear listening to this Admin and his party makes me feel like I took a handfull of crazy pills sometimes.
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Old 11-14-2012, 10:39 PM   #76
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Originally Posted by petegz28 View Post
No, it's where you got really warm...then ventured off.
Well I did mention Bernanke earlier. He's definitely a big part of the problem. But that allows the spending to continue unabated too.
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Old 11-14-2012, 10:39 PM   #77
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Originally Posted by J Diddy View Post
Your OP is "obama double speak" and how it's affecting you. What is your point?
No, I said it was stupid to say you want to create jobs then say you want to hike taxes on businesses. It's counter-productive.
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Old 11-14-2012, 10:40 PM   #78
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Quote:
Originally Posted by BucEyedPea View Post
Well I did mention Bernanke earlier. He's definitely a big part of the problem. But that allows the spending to continue unabated too.
Holy ****, you're so close.....

WHY? WHY is he part of the problem? How has he allowed the spending to continue?
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Old 11-14-2012, 10:41 PM   #79
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Come on BEP...I know you can get this....
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Old 11-14-2012, 10:43 PM   #80
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Quote:
Originally Posted by petegz28 View Post
No, I said it was stupid to say you want to create jobs then say you want to hike taxes on businesses. It's counter-productive.
Did you not say that the problem has nothing to do with taxes? Wasn't it you that put "classic obama double speak" in your OP
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Old 11-14-2012, 10:43 PM   #81
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Originally Posted by petegz28 View Post
Holy ****, you're so close.....

WHY? WHY is he part of the problem? How has he allowed the spending to continue?
The increase in the money supply means that is money to spend. That allows the govt to spend and to pay back with cheaper dollars. It allows them to avoid using taxes alone to fund the govt or there would have been a taxpayer revolution a looooong time ago. Unfortunately, it debauches our currency. It leads to a bubble which will bust even worse than last time. If the economy should pick up more, then we'd see double digit (perhaps worse inflation).
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Old 11-14-2012, 10:43 PM   #82
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Quote:
Originally Posted by petegz28 View Post
Come on BEP...I know you can get this....
Really...Make your point.
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Old 11-14-2012, 10:44 PM   #83
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Originally Posted by petegz28 View Post
BEP, you get so close then revert. You even touched base on it but stopped.

Let me give you a HUGE hint:

What organization has the most financial impact yet is not part of the government?
Oh my gosh! The Illumanti!
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Old 11-14-2012, 10:44 PM   #84
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Quote:
Originally Posted by BucEyedPea View Post
The increase in the money supply means that is money to spend. That allows the govt to spend and to pay back with cheaper dollars. It allows them to avoid using taxes alone to fund the govt or there would have been a taxpayer revolution a looooong time ago. Unfortunately, it debauches our currency. If the economy should pick up more, then we'd see double digit (perhaps worse inflation).
DING DING DING! Now carry it through....

What did Clinton have and Bush destroy and Obama finish what Bush started???
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Old 11-14-2012, 10:45 PM   #85
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Oh my gosh! The Illumanti!
Shad up!
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Old 11-14-2012, 10:45 PM   #86
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Oh my gosh! The Illumanti!
Thank holy Jesus Tom Hanks is still with us.
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Old 11-14-2012, 10:46 PM   #87
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Originally Posted by petegz28 View Post
DING DING DING! Now carry it through....

What did Clinton have and Bush destroy and Obama finish what Bush started???
The Holy Grail!!!! PETE YOU DISCOVERED IT!!!!!!!
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Old 11-14-2012, 10:47 PM   #88
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Originally Posted by petegz28 View Post
DING DING DING! Now carry it through....

What did Clinton have and Bush destroy and Obama finish what Bush started???
Hillary?
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Old 11-14-2012, 10:48 PM   #89
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Originally Posted by petegz28 View Post
DING DING DING! Now carry it through....

What did Clinton have and Bush destroy and Obama finish what Bush started???
I dunno? The ability for the president to get a blow job in the oval office?
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Old 11-14-2012, 10:48 PM   #90
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Originally Posted by J Diddy View Post
Really...Make your point.
No, because I want you to learn something of value. But I will help you learn.

You understand what commodities are, correct? Oil, copper, natural gas, coffee, orang juice, pork bellies, etc.?

Now ask yourself, who uses commodities? Answer: Everyone!

Now for the fun part.

Commodites are denominated in what currecncy? Answer: The US$

So now basic economics come into play

What happens to say, the price of copper when the currency in which it is denominated loses value?
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