Home Mail MemberMap Chat (0) Wallpapers
Go Back   ChiefsPlanet > The Ed & Dave Lounge > D.C.

Reply
 
Thread Tools Display Modes
Old 11-14-2012, 08:13 PM  
petegz28 petegz28 is offline
Supporter
 
petegz28's Avatar
 
Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $5480
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.
Posts: 65,618
petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.
  Reply With Quote
Old 11-14-2012, 09:49 PM   #91
Comrade Crapski Comrade Crapski is offline
Banned
 

Join Date: Mar 2012
Location: Sea of Green 23.4
Casino cash: $5000
Quote:
Originally Posted by stevieray View Post
this can't be fixed. ever.
Even if it could, Barry would be the last guy you'd hand a power tool too.
Posts: 3,833
Comrade Crapski is too fat/Omaha.Comrade Crapski is too fat/Omaha.Comrade Crapski is too fat/Omaha.Comrade Crapski is too fat/Omaha.Comrade Crapski is too fat/Omaha.Comrade Crapski is too fat/Omaha.Comrade Crapski is too fat/Omaha.Comrade Crapski is too fat/Omaha.Comrade Crapski is too fat/Omaha.Comrade Crapski is too fat/Omaha.Comrade Crapski is too fat/Omaha.
  Reply With Quote
Old 11-14-2012, 09:50 PM   #92
BucEyedPea BucEyedPea is offline
BucPatriot
 
BucEyedPea's Avatar
 

Join Date: Apr 2006
Location: None of your business
Casino cash: $6100
Also Bernanke's policies could kill any recovery.
__________________
Posts: 57,082
BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.
  Reply With Quote
Old 11-14-2012, 09:51 PM   #93
petegz28 petegz28 is offline
Supporter
 
petegz28's Avatar
 

Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $5480
Quote:
Originally Posted by BucEyedPea View Post
Also Bernanke's policies could kill any recovery.
Well, you are correct but I find your answer weak due to lack of explanation.
__________________
"Finally, anyone who uses the terms, irregardless, a whole nother, or all of a sudden shall be sentenced to a work camp."

Stewie Griffin
Posts: 65,618
petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.
  Reply With Quote
Old 11-14-2012, 09:55 PM   #94
J Diddy J Diddy is offline
One Groovy Cat
 
J Diddy's Avatar
 

Join Date: Aug 2001
Location: The Pitt State baby
Casino cash: $5000
Quote:
Originally Posted by petegz28 View Post
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?
I have a basic understanding of inflation. Please indicate where you feel it will be a problem.
Posts: 29,288
J Diddy is obviously part of the inner Circle.J Diddy is obviously part of the inner Circle.J Diddy is obviously part of the inner Circle.J Diddy is obviously part of the inner Circle.J Diddy is obviously part of the inner Circle.J Diddy is obviously part of the inner Circle.J Diddy is obviously part of the inner Circle.J Diddy is obviously part of the inner Circle.J Diddy is obviously part of the inner Circle.J Diddy is obviously part of the inner Circle.J Diddy is obviously part of the inner Circle.
  Reply With Quote
Old 11-14-2012, 09:56 PM   #95
BucEyedPea BucEyedPea is offline
BucPatriot
 
BucEyedPea's Avatar
 

Join Date: Apr 2006
Location: None of your business
Casino cash: $6100
Quote:
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???
He had a Republican congress...but I don't think you're looking for that....because it doesn't fit your question.

I dunno. I'm stumped. I'll buy a clue though.
__________________
Posts: 57,082
BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.
  Reply With Quote
Old 11-14-2012, 09:57 PM   #96
petegz28 petegz28 is offline
Supporter
 
petegz28's Avatar
 

Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $5480
Ok, I will give...

It's the ****ing $ people! And all the tax reform in the world will not do dick for the $.

The Federal Reserve has the most impact on the US$ via interest rates. The lower the rates, the lower the value of the $. The lower the value of the $ the higher the costs of commodities denominated in said $.

So in plain english:

The lower the $ the higher the cost of oil
The lower the $ the higher the cost of copper


Are we getting it now?

The Federal Reserve has had a policy over the last several years of keeping the interest rates at excessive and some economists say artificially low levels.

So if Obama was actually educated on the economics of our market place, when he was asked in the debate why gas was lower and now higher, he would have said "because the $ is lower which drives up the cost of good such as oil, instead of his bullshit answer of "the economy was bad then".

The cost of commodities impacts everyone from rich to poor. What ****ing good does it do to give someone an extra $20 a paycheck in tax cuts if that just goes to that gas tank because gas prices are high?
__________________
"Finally, anyone who uses the terms, irregardless, a whole nother, or all of a sudden shall be sentenced to a work camp."

Stewie Griffin
Posts: 65,618
petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.
  Reply With Quote
Old 11-14-2012, 09:58 PM   #97
BucEyedPea BucEyedPea is offline
BucPatriot
 
BucEyedPea's Avatar
 

Join Date: Apr 2006
Location: None of your business
Casino cash: $6100
I see Obama as the embodiment of both Bush and Clinton. So I don't know what Clinton had that Obama doesn't.
__________________
Posts: 57,082
BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.
  Reply With Quote
Old 11-14-2012, 09:59 PM   #98
petegz28 petegz28 is offline
Supporter
 
petegz28's Avatar
 

Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $5480
Quote:
Originally Posted by J Diddy View Post
I have a basic understanding of inflation. Please indicate where you feel it will be a problem.
Inflation will not be a problem for a while simply because the pendulum has swung so far in one direction it will take a while for it to swing back to the other.

Our economy not only could withstand higher interest rates we actually NEED higher interest rates for a vast amount of reasons. It benefits our society in so many ways at so many levels.

Basically at this point a stronger $ eliminates the hidden tax we have all been paying for quite some time.
__________________
"Finally, anyone who uses the terms, irregardless, a whole nother, or all of a sudden shall be sentenced to a work camp."

Stewie Griffin
Posts: 65,618
petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.
  Reply With Quote
Old 11-14-2012, 09:59 PM   #99
chiefforlife chiefforlife is offline
Colorado Chief Fan
 
chiefforlife's Avatar
 

Join Date: Feb 2006
Casino cash: $5190
So your answer is to raise interest rates?
Posts: 2,553
chiefforlife has just been standing around suckin' on a big ol' chili dog.chiefforlife has just been standing around suckin' on a big ol' chili dog.chiefforlife has just been standing around suckin' on a big ol' chili dog.chiefforlife has just been standing around suckin' on a big ol' chili dog.chiefforlife has just been standing around suckin' on a big ol' chili dog.chiefforlife has just been standing around suckin' on a big ol' chili dog.chiefforlife has just been standing around suckin' on a big ol' chili dog.chiefforlife has just been standing around suckin' on a big ol' chili dog.chiefforlife has just been standing around suckin' on a big ol' chili dog.chiefforlife has just been standing around suckin' on a big ol' chili dog.chiefforlife has just been standing around suckin' on a big ol' chili dog.
  Reply With Quote
Old 11-14-2012, 10:01 PM   #100
BucEyedPea BucEyedPea is offline
BucPatriot
 
BucEyedPea's Avatar
 

Join Date: Apr 2006
Location: None of your business
Casino cash: $6100
Quote:
Originally Posted by petegz28 View Post
Ok, I will give...

It's the ****ing $ people! And all the tax reform in the world will not do dick for the $.

The Federal Reserve has the most impact on the US$ via interest rates. The lower the rates, the lower the value of the $. The lower the value of the $ the higher the costs of commodities denominated in said $.

So in plain english:

The lower the $ the higher the cost of oil
The lower the $ the higher the cost of copper


Are we getting it now?

The Federal Reserve has had a policy over the last several years of keeping the interest rates at excessive and some economists say artificially low levels.

So if Obama was actually educated on the economics of our market place, when he was asked in the debate why gas was lower and now higher, he would have said "because the $ is lower which drives up the cost of good such as oil, instead of his bullshit answer of "the economy was bad then".

The cost of commodities impacts everyone from rich to poor. What ****ing good does it do to give someone an extra $20 a paycheck in tax cuts if that just goes to that gas tank because gas prices are high?
Oh, okay....I call that debauching the currency instead of saying it like that.

Just one thing though, the debauching of the currency began under Greenspan and continued for 16 years. It was mainly due to cheap imports from China and technology advances which makes certain goods cheaper that inflation didn't rear it's head. But it did by 2007/08.
__________________
Posts: 57,082
BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.
  Reply With Quote
Old 11-14-2012, 10:01 PM   #101
petegz28 petegz28 is offline
Supporter
 
petegz28's Avatar
 

Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $5480
Quote:
Originally Posted by chiefforlife View Post
So your answer is to raise interest rates?
EXACTLY! Sounds insane doesn't it? Do you know why the Fed won't raise rates and why we hear all this bullshit about raising rates will hurt the economy?
__________________
"Finally, anyone who uses the terms, irregardless, a whole nother, or all of a sudden shall be sentenced to a work camp."

Stewie Griffin
Posts: 65,618
petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.
  Reply With Quote
Old 11-14-2012, 10:02 PM   #102
La literatura La literatura is offline
MVP
 
La literatura's Avatar
 

Join Date: Nov 2011
Casino cash: $5000
Quote:
Originally Posted by petegz28 View Post
EXACTLY! Sounds insane doesn't it? Do you know why the Fed won't raise rates and why we hear all this bullshit about raising rates will hurt the economy?
Because we want people to make big purchases.
Posts: 7,171
La literatura is blessed with 50/50 Hindsight.La literatura is blessed with 50/50 Hindsight.La literatura is blessed with 50/50 Hindsight.La literatura is blessed with 50/50 Hindsight.La literatura is blessed with 50/50 Hindsight.La literatura is blessed with 50/50 Hindsight.La literatura is blessed with 50/50 Hindsight.La literatura is blessed with 50/50 Hindsight.La literatura is blessed with 50/50 Hindsight.La literatura is blessed with 50/50 Hindsight.La literatura is blessed with 50/50 Hindsight.
  Reply With Quote
Old 11-14-2012, 10:02 PM   #103
BucEyedPea BucEyedPea is offline
BucPatriot
 
BucEyedPea's Avatar
 

Join Date: Apr 2006
Location: None of your business
Casino cash: $6100
Quote:
Originally Posted by chiefforlife View Post
So your answer is to raise interest rates?
Actually, that should be part of the solution. One of the problems has been they've been too low.
The zero percent offers were part of the Bush stimulus.
__________________
Posts: 57,082
BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.
  Reply With Quote
Old 11-14-2012, 10:02 PM   #104
chiefforlife chiefforlife is offline
Colorado Chief Fan
 
chiefforlife's Avatar
 

Join Date: Feb 2006
Casino cash: $5190
Quote:
Originally Posted by petegz28 View Post
EXACTLY! Sounds insane doesn't it? Do you know why the Fed won't raise rates and why we hear all this bullshit about raising rates will hurt the economy?
Im listening...
Posts: 2,553
chiefforlife has just been standing around suckin' on a big ol' chili dog.chiefforlife has just been standing around suckin' on a big ol' chili dog.chiefforlife has just been standing around suckin' on a big ol' chili dog.chiefforlife has just been standing around suckin' on a big ol' chili dog.chiefforlife has just been standing around suckin' on a big ol' chili dog.chiefforlife has just been standing around suckin' on a big ol' chili dog.chiefforlife has just been standing around suckin' on a big ol' chili dog.chiefforlife has just been standing around suckin' on a big ol' chili dog.chiefforlife has just been standing around suckin' on a big ol' chili dog.chiefforlife has just been standing around suckin' on a big ol' chili dog.chiefforlife has just been standing around suckin' on a big ol' chili dog.
  Reply With Quote
Old 11-14-2012, 10:02 PM   #105
BucEyedPea BucEyedPea is offline
BucPatriot
 
BucEyedPea's Avatar
 

Join Date: Apr 2006
Location: None of your business
Casino cash: $6100
Quote:
Originally Posted by petegz28 View Post
EXACTLY! Sounds insane doesn't it? Do you know why the Fed won't raise rates and why we hear all this bullshit about raising rates will hurt the economy?
Why?
__________________
Posts: 57,082
BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.
  Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump




All times are GMT -6. The time now is 05:02 AM.


Powered by vBulletin® Version 3.8.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.