important facts

Dot wrote:deserves its own thread.... its important to understand reality



deny it

othershoe1030 wrote:

Dot wrote:deserves its own thread.... its important to understand reality



deny it

So, the money the Fed is feeding into the economy is counted as "economic activity" aka growth?! The stock market goes up higher than ever, doubled or so since Obama took office but regular people's income is stagnant. This is just nuts. Is the economy really shrinking then as this guy claims? Interesting.

Naturally this will all turn out well for those in power while the rest of us take it in the shorts again? I mean that's the usual scenario isn't it? Gotta love this system!

Floridatexan wrote:
Here's the reason there was a need for QE:



"In 1981, the supply-siders commandeered the Reagan Presidency and employed their Voodoo economics, as Bush senior had called it in 1980. He was saying that tax cuts would not increase government revenues. As you can see on the graph above, the Voodoo failed just as Bush predicted, and the supply-siders turned a 32-year winning streak into a debt disaster that continues to this day. For 20 years, under Reagan and the Bushes, the national debt increased compared to GDP every single year. In most other years it decreased. Twenty years in a row can't be just an accident, but to understand you need to learn the voodoo strategy..."

Note that Poppy Bush, for all his rhetoric about "voodoo economics", employed the same domestic policies once he was in the White House.  Note also that he was Reagan's VP for 8 years prior to his ascendancy.  The gist is that the majority of our national debt can be directly attributed to 3 Republican presidents:  Reagan, Bush and Bush.  So much for the party of fiscal responsibility.

 

Floridatexan wrote:
I would think someone with a background in science would be able to understand a simple graph.  I don't care if you never talk to me; I rarely find anything you say useful, or even cogent.

othershoe1030 wrote:

Dot wrote:deserves its own thread.... its important to understand reality



deny it

So, the money the Fed is feeding into the economy is counted as "economic activity" aka growth?! The stock market goes up higher than ever, doubled or so since Obama took office but regular people's income is stagnant. This is just nuts. Is the economy really shrinking then as this guy claims? Interesting.

Naturally this will all turn out well for those in power while the rest of us take it in the shorts again? I mean that's the usual scenario isn't it? Gotta love this system!

Markle wrote:

othershoe1030 wrote:

Dot wrote:deserves its own thread.... its important to understand reality



deny it

So, the money the Fed is feeding into the economy is counted as "economic activity" aka growth?! The stock market goes up higher than ever, doubled or so since Obama took office but regular people's income is stagnant. This is just nuts. Is the economy really shrinking then as this guy claims? Interesting.

Naturally this will all turn out well for those in power while the rest of us take it in the shorts again? I mean that's the usual scenario isn't it? Gotta love this system!

Not the system, the mismanagement of the system.

Where do you think all the money in the Stock Market is coming from?  Due to the uncertainty throughout business along with all the radical new rules and regulations destroying businesses, investors are putting their money in the Stock Market.  No different than the bubble in the housing industry.  Wait for this "correction".

You are wrong too about "regular people's" income being stagnant.  As you know, and would love to forget, it has DECLINED greatly.

Send your thank you letters to President Barack Hussein Obama.

Dot wrote:

Floridatexan wrote:
I would think someone with a background in science would be able to understand a simple graph.  I don't care if you never talk to me; I rarely find anything you say useful, or even cogent.

You may not realize this FT, but 95% of your post are "blame bush/republican" responses.

Even your fellow comrades ignore your long winded copy and paste blame bush threads. Youre just as alone here as I am LOL

how about this, is QE bushes fault? and if it saved the economy as your fellow comrade boards says, would you give credit to him for that? Or do you agree with me that QE has hurt the economy and has created a fake GDP?

be honest please.   

Floridatexan wrote:

Dot wrote:

Floridatexan wrote:
I would think someone with a background in science would be able to understand a simple graph.  I don't care if you never talk to me; I rarely find anything you say useful, or even cogent.

You may not realize this FT, but 95% of your post are "blame bush/republican" responses.

Even your fellow comrades ignore your long winded copy and paste blame bush threads. Youre just as alone here as I am LOL

how about this, is QE bushes fault? and if it saved the economy as your fellow comrade boards says, would you give credit to him for that? Or do you agree with me that QE has hurt the economy and has created a fake GDP?

be honest please.   

I'm always honest...no other way to be.  This is a complicated subject.  I don't think Bill Still is a quack...he makes some very valid points.  He's a big advocate of abolishing the Fed and the promotion of state banking facilities like the Bank of North Dakota, which is less of a bank and more of a funding source for financing projects within that state.  This keeps interest rates at a minimum and keeps those dollars within the state community.  I'm all for it.  He has several videos that I don't have time to watch right now...but I recommend this one: