Posts : 17531 Join date : 2012-06-16 Age : 80 Location : Tallahassee
boards of FL wrote:Death panels. The ACA is a job killer. Inflation is going to explode. Etc. Etc.
I can't think of any forecast that any conservative was actually right on.
I am shocked...SHOCKED I SAY that your far left Progressive sites have not shown you where Conservatives have been consistently correct! Just SHOCKED!
IF there were no Death Panels, why were they removed from Obamacare when Gov. Palin focused the spot light on them? IF there were none, and you'll...erroneously state they did not exist, why were they put back into Obamacare?
IF Obamacare is not a job killer, why is ours the slowest recovery since WW II? We have 6 MILLION PEOPLE working part time who NEED full time jobs. The average household income has DROPPED since President Obama took office. IF Obamacare is not a job killer, why has the rate of workers dropped to the lowest point in nearly 40 years?
As for inflation, it will begin when the Fed. quits printing worthless money. Where is that money going? Through a circuitous route, it has made rich people richer. That money is now in the stock market. The market millions of middle income Americans dropped out of after the Democrat motivated housing/mortgage/financial collapse.
You forgot Iraq. As you know, Ramadi was captured today. We told you that too.
Posts : 11865 Join date : 2012-06-14 Age : 72 Location : Pensacola, FL
I think semi-demented poster Markle just outlined the Republican platform for 2016 in his post above........
The only question remaining is: will this shtick gain any traction with the electorate? The debates ought to be fun to watch......
For now, Republican contenders have a hot potato trying to explain whether the invasion of Iraq was the smart thing to do back in 2003. They are damned if they say it was a good idea, and if they say it was a bad idea, it makes George W. Bush look bad (and Republicans in general). The doubletalk coming out of Republican mouths on this recently is enough to make your head spin.
Iraq.... The millstone that keeps hanging around Republican necks...... It ain't going away by November of 2016, either. Meanwhile, the economy is far better than it was when Barrack Obama assumed office in 2009, and should keep trending that way--this is what voters will be voting on in 2016 more than anything else!
Posts : 9062 Join date : 2010-01-02 Age : 45 Location : Pensacola, FL
Markle wrote:IF there were no Death Panels, why were they removed from Obamacare when Gov. Palin focused the spot light on them?
Because they weren't.
Markle wrote:IF Obamacare is not a job killer, why is ours the slowest recovery since WW II? We have 6 MILLION PEOPLE working part time who NEED full time jobs. The average household income has DROPPED since President Obama took office. IF Obamacare is not a job killer, why has the rate of workers dropped to the lowest point in nearly 40 years?
Because 11,000,000 jobs have been added to the economy since the passage of the ACA.
Regarding the labor force participation rate, feel free to go discuss that here, Forrest. I've tried to get you to discuss that repeatedly. All you do is run away.
Markle wrote:As for inflation, it will begin when the Fed. quits printing worthless money.
What on earth are you talking about? You clearly do not understand how inflation works. This sentence that I have quoted proves it. How on earth would inflationary pressure be created by the Fed stopping printing money?
Markle wrote:You forgot Iraq. As you know, Ramadi was captured today. We told you that too.
You're right. I did forget Iraq. "We will be greeted as saviors!" "This will be wrapped up in a few months and won't cost that much!"
Yeah, republicans have been wrong on just about everything that they forecast.
Posts : 17531 Join date : 2012-06-16 Age : 80 Location : Tallahassee
boards of FL wrote:
Markle wrote: IF there were no Death Panels, why were they removed from Obamacare when Gov. Palin focused the spot light on them?
Because they weren't.
Markle wrote:IF Obamacare is not a job killer, why is ours the slowest recovery since WW II? We have 6 MILLION PEOPLE working part time who NEED full time jobs. The average household income has DROPPED since President Obama took office. IF Obamacare is not a job killer, why has the rate of workers dropped to the lowest point in nearly 40 years?
Because 11,000,000 jobs have been added to the economy since the passage of the ACA.
Regarding the labor force participation rate, feel free to go discuss that here, Forrest. I've tried to get you to discuss that repeatedly. All you do is run away.
Markle wrote:As for inflation, it will begin when the Fed. quits printing worthless money.
What on earth are you talking about? You clearly do not understand how inflation works. This sentence that I have quoted proves it. How on earth would inflationary pressure be created by the Fed stopping printing money?
Markle wrote:You forgot Iraq. As you know, Ramadi was captured today. We told you that too.
You're right. I did forget Iraq. "We will be greeted as saviors!" "This will be wrapped up in a few months and won't cost that much!"
Yeah, republicans have been wrong on just about everything that they forecast.
You really need to catch up.
As you know, Barack Hussein Obama’s chief medical adviser, Dr. Ezekiel Emmanuel, is a strong proponent of Death Panels as is Obama’s recess appointment of radical Donald Berwick, MD to head Medicare and Medicaid.
New York Times Obama Returns to End-of-Life Plan That Caused Stir By ROBERT PEAR Published: December 25, 2010
WASHINGTON — When a proposal to encourage end-of-life planning touched off a political storm over “death panels,” Democrats dropped it from legislation to overhaul the health care system. But the Obama administration will achieve the same goal by regulation, starting Jan. 1.
Under the new policy, outlined in a Medicare regulation, the government will pay doctors who advise patients on options for end-of-life care, which may include advance directives to forgo aggressive life-sustaining treatment.
Posts : 9062 Join date : 2010-01-02 Age : 45 Location : Pensacola, FL
Markle wrote:
boards of FL wrote:
Markle wrote: IF there were no Death Panels, why were they removed from Obamacare when Gov. Palin focused the spot light on them?
Markle wrote:IF Obamacare is not a job killer, why is ours the slowest recovery since WW II? We have 6 MILLION PEOPLE working part time who NEED full time jobs. The average household income has DROPPED since President Obama took office. IF Obamacare is not a job killer, why has the rate of workers dropped to the lowest point in nearly 40 years?
Because 11,000,000 jobs have been added to the economy since the passage of the ACA.
Regarding the labor force participation rate, feel free to go discuss that here, Forrest. I've tried to get you to discuss that repeatedly. All you do is run away.
Markle wrote:As for inflation, it will begin when the Fed. quits printing worthless money.
What on earth are you talking about? You clearly do not understand how inflation works. This sentence that I have quoted proves it. How on earth would inflationary pressure be created by the Fed stopping printing money?
Markle wrote:You forgot Iraq. As you know, Ramadi was captured today. We told you that too.
You're right. I did forget Iraq. "We will be greeted as saviors!" "This will be wrapped up in a few months and won't cost that much!"
Yeah, republicans have been wrong on just about everything that they forecast.
You really need to catch up.
As you know, Barack Hussein Obama’s chief medical adviser, Dr. Ezekiel Emmanuel, is a strong proponent of Death Panels as is Obama’s recess appointment of radical Donald Berwick, MD to head Medicare and Medicaid.
New York Times Obama Returns to End-of-Life Plan That Caused Stir By ROBERT PEAR Published: December 25, 2010
WASHINGTON — When a proposal to encourage end-of-life planning touched off a political storm over “death panels,” Democrats dropped it from legislation to overhaul the health care system. But the Obama administration will achieve the same goal by regulation, starting Jan. 1.
Under the new policy, outlined in a Medicare regulation, the government will pay doctors who advise patients on options for end-of-life care, which may include advance directives to forgo aggressive life-sustaining treatment.
As for inflation, it will begin when the Fed. quits printing worthless money.
What on earth are you talking about? You clearly do not understand how inflation works. This sentence that I have quoted proves it. How on earth would inflationary pressure be created by the Fed stopping printing money?
Mr. Markle has no education post high school. He has made this mistake over and over again. He would have been taught how inflation works in high school, yet he repeatedly posts pure nonsense regarding economics. Conceptual gaps are his calling card.
Posts : 22918 Join date : 2012-06-13 Location : Armpit of Florida
The relationship between the Fed's actions and inflation.
The main problem with printing money is the danger of inflation. Inflation occurs when money in the system increases and the supply of goods and services does not increase at the same rate. For example, take a simple system in which there are one million goods. If there were $1 million in that system, then the goods would even out to each be worth $1. If, however, suddenly the money supply doubled to $2 million without the number of goods increasing, then the price of each good would double to $2 as well. Each dollar will have lost 50% of its purchasing power.
In order to mitigate the threat of inflation, when printing money, the government must attempt to strike a balance. This is extremely difficult because so many factors affect inflation and the value of the dollar. Critics of quantitative easing warn that inflationary effects can occur years down the road in the form of double-digit inflation. Broad inflation and devaluation of the U.S. dollar can have massive implications on the U.S and world economy and seriously threaten the U.S. dollar’s role as the reserve currency.
Proponents, however, stress that deflation is the current danger. Because of the credit crunch, the value of the dollar has increased as prices have fallen. Wide distrust among lenders has caused the money supply to dwindle. Lowering the cost of borrowing money has been ineffectual and consumers are afraid to spend money for fear that the economy will get worse. The danger of deflation is in the cycle it creates. As prices fall, bankruptcies and unemployment increases, which ultimately contributes to more deflation. Many believe there is no other option but for the Fed to “print money” and hope it spurs spending. Most agree, however, that there are no guarantees
Posts : 17531 Join date : 2012-06-16 Age : 80 Location : Tallahassee
boards of FL wrote:
Markle wrote:
boards of FL wrote:
Markle wrote: IF there were no Death Panels, why were they removed from Obamacare when Gov. Palin focused the spot light on them?
Markle wrote:IF Obamacare is not a job killer, why is ours the slowest recovery since WW II? We have 6 MILLION PEOPLE working part time who NEED full time jobs. The average household income has DROPPED since President Obama took office. IF Obamacare is not a job killer, why has the rate of workers dropped to the lowest point in nearly 40 years?
Because 11,000,000 jobs have been added to the economy since the passage of the ACA.
Regarding the labor force participation rate, feel free to go discuss that here, Forrest. I've tried to get you to discuss that repeatedly. All you do is run away.
Markle wrote:As for inflation, it will begin when the Fed. quits printing worthless money.
What on earth are you talking about? You clearly do not understand how inflation works. This sentence that I have quoted proves it. How on earth would inflationary pressure be created by the Fed stopping printing money?
Markle wrote:You forgot Iraq. As you know, Ramadi was captured today. We told you that too.
You're right. I did forget Iraq. "We will be greeted as saviors!" "This will be wrapped up in a few months and won't cost that much!"
Yeah, republicans have been wrong on just about everything that they forecast.
You really need to catch up.
As you know, Barack Hussein Obama’s chief medical adviser, Dr. Ezekiel Emmanuel, is a strong proponent of Death Panels as is Obama’s recess appointment of radical Donald Berwick, MD to head Medicare and Medicaid.
New York Times Obama Returns to End-of-Life Plan That Caused Stir By ROBERT PEAR Published: December 25, 2010
WASHINGTON — When a proposal to encourage end-of-life planning touched off a political storm over “death panels,” Democrats dropped it from legislation to overhaul the health care system. But the Obama administration will achieve the same goal by regulation, starting Jan. 1.
Under the new policy, outlined in a Medicare regulation, the government will pay doctors who advise patients on options for end-of-life care, which may include advance directives to forgo aggressive life-sustaining treatment.
From President Barack Hussein Obama to Jane Sturm: Here take a pill. https://www.youtube.com/watch?v=U-dQfb8WQvo
You really need to read something besides the DailyKOS and MediaMatters.
Markle, how are you defining "death panel"?
Oh, and thank you for standing corrected on the rest of my comments.
By so thoroughly disproving this point, the rest of your word salad is rendered useless. You know that as well as anyone your posts are false.
As for death panels, here is how semi-retired President Obama's medical advisor wrote about allocating our health care.
As for Dr. Ezekiel Emanuel, brother of Rahm Emanuel and Obama’s Health Policy Adviser, announced a new “Complete Lives System” for selecting which sections of the population should be killed, in his article “Principles for Allocation of Scarce Medical Interventions.”. His writings were published Jan. 31, 2009 in the British medical journal Lancet…11 days after President Obama’s inauguration. On March 19, Emanuel was appointed to the Federal Coordinating Council on Comparative Effectiveness Research, to begin the design of a Federal system for withdrawing care from those chosen for death.
You might want to particularly look for this quotation from his paper.
“When implemented, the complete lives system produces a priority curve on which individuals aged between roughly 15 and 40 years get the most substantial chance, whereas the youngest and oldest people get chances that are attenuated.” This may be justified by public opinion, since “broad consensus favours adolescents over very young infants, and young adults over very elderly people.”
Not just the very elderly are at risk, Dr. Emanuel cuts off infants too. Of course, this coincides with President Barack Hussein Obama's view medical care should be withheld from infants accidentally born alive during a botched abortion.
“Strict youngest-first allocation directs scarce resources predominantly to infants. This approach seems incorrect. The death of a 20-year-old woman is intuitively worse than that of a 2-month-old girl, even though the baby has had less life. The 20-year-old has a much more developed personality than the infant, and has drawn upon the investment of others to begin as-yet-unfulfilled projects…. Adolescents have received substantial education and parental care, investments that will be wasted without a complete life. Infants, by contrast, have not yet received these investments…. It is terrible when an infant dies, but worse, most people think, when a three-year-old child dies, and worse still when an adolescent does.”
We also won't have to be concerned about "Special Ed" classes in schools any longer either. So that saves money too. Dr. Death takes them out.
“The ‘complete lives’ system also considers prognosis, since its aim is to achieve complete lives. A young person with a poor prognosis has had few life-years but lacks the potential to live a complete life. Considering prognosis forestalls the concern that disproportionately large amounts of resources will be directed to young people with poor prognoses.”
You and the other Far Left folks are in good shape. Your survivability also depends on if you are Politically Correct in Dr. Death's world.
“Social Value Allocation” prioritizes specific individuals to enable them to promote other important values, or rewards them for having promoted these values. In view of the multiplicity of reasonable values in society and in view of what is at stake, social value allocation must not legislate socially conventional, mainstream values.”
Your job is also taken into consideration.
“Allocators must also avoid directing interventions earmarked for health needs to those not relevant to the health problem at hand, which covertly exacerbates scarcity. For instance, funeral directors might be essential to preserving health in an influenza pandemic, but not during a shortage of intensive-care beds. For instance, former organ donors seem to deserve reciprocity since they make a serious sacrifice and since there is no surplus of organ donors. By contrast, laboratory staff who serve as vaccine production workers do not incur serious risk nor are they irreplaceable, so reciprocity seems less appropriate for them.”
www.ncpa.org/pdfs/PIIS0140673609601379.pdf
My guess is that with ObamaCare, funeral directors will be in huge demand!
Posts : 22918 Join date : 2012-06-13 Location : Armpit of Florida
Markle wrote:
My guess is that with ObamaCare, funeral directors will be in huge demand!
I doubt that. Obama is a communist who doesn't believe in funeral homes because those are capitalist. I'm betting he's gonna convert those death panel victims into Soylent Green so he can give free food to the welfare bums to get their votes.
Posts : 17531 Join date : 2012-06-16 Age : 80 Location : Tallahassee
Bob wrote:
Markle wrote:
My guess is that with ObamaCare, funeral directors will be in huge demand!
I doubt that. Obama is a communist who doesn't believe in funeral homes because those are capitalist. I'm betting he's gonna convert those death panel victims into Soylent Green so he can give free food to the welfare bums to get their votes.
I have to admit, that's not one I considered. Good points.
Posts : 17531 Join date : 2012-06-16 Age : 80 Location : Tallahassee
2seaoat wrote: As for inflation, it will begin when the Fed. quits printing worthless money.
What on earth are you talking about? You clearly do not understand how inflation works. This sentence that I have quoted proves it. How on earth would inflationary pressure be created by the Fed stopping printing money?
Mr. Markle has no education post high school. He has made this mistake over and over again. He would have been taught how inflation works in high school, yet he repeatedly posts pure nonsense regarding economics. Conceptual gaps are his calling card.
Why make disparaging comments about my education when you know nothing about it?
The Fed has been spewing out trillions of dollars in order to keep interest rates low so as to help the anemic economy. When that slows, at some point they will have to start buying back those dollars.
When interest rates increase, the cost of everything increases. I'm surprised that is new to you. That will cause inflation.
When there are fewer dollars in the market, there are fewer dollars chasing the goods and services.
Posts : 9062 Join date : 2010-01-02 Age : 45 Location : Pensacola, FL
Markle wrote:
boards of FL wrote:
Markle wrote:
boards of FL wrote:
Markle wrote: IF there were no Death Panels, why were they removed from Obamacare when Gov. Palin focused the spot light on them?
Markle wrote:IF Obamacare is not a job killer, why is ours the slowest recovery since WW II? We have 6 MILLION PEOPLE working part time who NEED full time jobs. The average household income has DROPPED since President Obama took office. IF Obamacare is not a job killer, why has the rate of workers dropped to the lowest point in nearly 40 years?
Because 11,000,000 jobs have been added to the economy since the passage of the ACA.
Regarding the labor force participation rate, feel free to go discuss that here, Forrest. I've tried to get you to discuss that repeatedly. All you do is run away.
Markle wrote:As for inflation, it will begin when the Fed. quits printing worthless money.
What on earth are you talking about? You clearly do not understand how inflation works. This sentence that I have quoted proves it. How on earth would inflationary pressure be created by the Fed stopping printing money?
Markle wrote:You forgot Iraq. As you know, Ramadi was captured today. We told you that too.
You're right. I did forget Iraq. "We will be greeted as saviors!" "This will be wrapped up in a few months and won't cost that much!"
Yeah, republicans have been wrong on just about everything that they forecast.
You really need to catch up.
As you know, Barack Hussein Obama’s chief medical adviser, Dr. Ezekiel Emmanuel, is a strong proponent of Death Panels as is Obama’s recess appointment of radical Donald Berwick, MD to head Medicare and Medicaid.
New York Times Obama Returns to End-of-Life Plan That Caused Stir By ROBERT PEAR Published: December 25, 2010
WASHINGTON — When a proposal to encourage end-of-life planning touched off a political storm over “death panels,” Democrats dropped it from legislation to overhaul the health care system. But the Obama administration will achieve the same goal by regulation, starting Jan. 1.
Under the new policy, outlined in a Medicare regulation, the government will pay doctors who advise patients on options for end-of-life care, which may include advance directives to forgo aggressive life-sustaining treatment.
From President Barack Hussein Obama to Jane Sturm: Here take a pill. https://www.youtube.com/watch?v=U-dQfb8WQvo
You really need to read something besides the DailyKOS and MediaMatters.
Markle, how are you defining "death panel"?
Oh, and thank you for standing corrected on the rest of my comments.
By so thoroughly disproving this point, the rest of your word salad is rendered useless. You know that as well as anyone your posts are false.
As for death panels, here is how semi-retired President Obama's medical advisor wrote about allocating our health care.
As for Dr. Ezekiel Emanuel, brother of Rahm Emanuel and Obama’s Health Policy Adviser, announced a new “Complete Lives System” for selecting which sections of the population should be killed, in his article “Principles for Allocation of Scarce Medical Interventions.”. His writings were published Jan. 31, 2009 in the British medical journal Lancet…11 days after President Obama’s inauguration. On March 19, Emanuel was appointed to the Federal Coordinating Council on Comparative Effectiveness Research, to begin the design of a Federal system for withdrawing care from those chosen for death.
You might want to particularly look for this quotation from his paper.
“When implemented, the complete lives system produces a priority curve on which individuals aged between roughly 15 and 40 years get the most substantial chance, whereas the youngest and oldest people get chances that are attenuated.” This may be justified by public opinion, since “broad consensus favours adolescents over very young infants, and young adults over very elderly people.”
Not just the very elderly are at risk, Dr. Emanuel cuts off infants too. Of course, this coincides with President Barack Hussein Obama's view medical care should be withheld from infants accidentally born alive during a botched abortion.
“Strict youngest-first allocation directs scarce resources predominantly to infants. This approach seems incorrect. The death of a 20-year-old woman is intuitively worse than that of a 2-month-old girl, even though the baby has had less life. The 20-year-old has a much more developed personality than the infant, and has drawn upon the investment of others to begin as-yet-unfulfilled projects…. Adolescents have received substantial education and parental care, investments that will be wasted without a complete life. Infants, by contrast, have not yet received these investments…. It is terrible when an infant dies, but worse, most people think, when a three-year-old child dies, and worse still when an adolescent does.”
We also won't have to be concerned about "Special Ed" classes in schools any longer either. So that saves money too. Dr. Death takes them out.
“The ‘complete lives’ system also considers prognosis, since its aim is to achieve complete lives. A young person with a poor prognosis has had few life-years but lacks the potential to live a complete life. Considering prognosis forestalls the concern that disproportionately large amounts of resources will be directed to young people with poor prognoses.”
You and the other Far Left folks are in good shape. Your survivability also depends on if you are Politically Correct in Dr. Death's world.
“Social Value Allocation” prioritizes specific individuals to enable them to promote other important values, or rewards them for having promoted these values. In view of the multiplicity of reasonable values in society and in view of what is at stake, social value allocation must not legislate socially conventional, mainstream values.”
Your job is also taken into consideration.
“Allocators must also avoid directing interventions earmarked for health needs to those not relevant to the health problem at hand, which covertly exacerbates scarcity. For instance, funeral directors might be essential to preserving health in an influenza pandemic, but not during a shortage of intensive-care beds. For instance, former organ donors seem to deserve reciprocity since they make a serious sacrifice and since there is no surplus of organ donors. By contrast, laboratory staff who serve as vaccine production workers do not incur serious risk nor are they irreplaceable, so reciprocity seems less appropriate for them.”
www.ncpa.org/pdfs/PIIS0140673609601379.pdf
My guess is that with ObamaCare, funeral directors will be in huge demand!
The question was "How are you defining 'death panel'?" Can you answer that? It's a straightforward question. What - in your mind - is a "death panel"? If we're going to discuss whether or not "death panels" are or ever were a real thing, we will first need to define them. Can you do that?
And here again, you have absolutely nothing to say about the rest of my comments. 11,000,000 jobs have been added to the economy since the passage of the ACA. That means that when republicans forecast that the ACA would be a "job killer", they were laughably wrong. Further, you still cannot muster the brainpower to discuss the LPR. All you're good for is mentioning it and then running away. I'll tell you what is a "job killer", though. Republican presidents. Bush II oversaw a net less of 450,000 private sector jobs during his eight year term. Meanwhile, 11,000,000 jobs have been added since 03/23/10 when the ACA was passed. If 11,000,000 jobs added over the course of six years is what you call a "job killer", what terminology do you use for losing 450,000 jobs over the course of eight years?
It is fairly clear that the decision to invade Iraq was one of the worst foreign policy decisions in modern times. And there again, you have absolutely no comment.
In regards to inflation, you clearly don't have a clue as to what you're talking about. You obviously didn't read your idea that increased interest rates cause inflation anywhere, so I can only assume that you tried to think critically and came up with that dense idea on your own. Ouch.
Here is your most recent comment on inflation:
Markle wrote:The Fed has been spewing out trillions of dollars in order to keep interest rates low so as to help the anemic economy. When that slows, at some point they will have to start buying back those dollars.
When interest rates increase, the cost of everything increases. I'm surprised that is new to you. That will cause inflation.
When there are fewer dollars in the market, there are fewer dollars chasing the goods and services.
When the central bank conducts QE and sets low interest rate targets, the idea is to make borrowing cheap and saving less desirable. The hope is that these conditions will stimulate the economy. That sort of policy creates inflationary pressure as the money supply increases.
If we were to do the exact opposite and instead set interest rate targets that are higher, then we would expect downward pressure on inflation and lower prices.
You basically have this completely backwards, Markle. Oddly enough, one doesn't need a PhD in economics to understand this as it is fairly straightforward common sense. But for whatever reason - perhaps because you are a republican - you can't seem to wrap your head around this basic economic principle. I'm not sure that "low information voter" is the accurate description here. You're just stupid. Go ahead and queue up your Socrates image and bow out of this, Forrest.
Monetary policy also has an important influence on inflation. When the federal funds rate is reduced, the resulting stronger demand for goods and services tends to push wages and other costs higher, reflecting the greater demand for workers and materials that are necessary for production. In addition, policy actions can influence expectations about how the economy will perform in the future, including expectations for prices and wages, and those expectations can themselves directly influence current inflation.
And when the federal funds rate is increased, vice versa. But not in Markle-land! In Markle-land, increased interest rates cause, not combat, but cause inflation.
Republicans. You really can't make this stuff up. Increased rates cause inflation.
Posts : 17531 Join date : 2012-06-16 Age : 80 Location : Tallahassee
ZVUGKTUBM wrote:
Bob wrote:
Markle wrote:
Conservatives have forecast exactly what would happen to our economy and to the Middle East with a semi-retired President with no experience or accomplishments.
So yes, Common sense from Conservatives. We are right, you are not.
There's one of those silly words again. Can anybody even define the word "conservative" anymore? Also, if who the President is at the time is what determines the state of the economy, which President was on duty when the "Great Recession" started?
The only thing you will see from semi-demented poster Markle or poster KarlRove in answer is more blame-shifting. You will never those two place any labels on a Republican.
Posts : 17531 Join date : 2012-06-16 Age : 80 Location : Tallahassee
boards of FL wrote:
Markle wrote:IF there were no Death Panels, why were they removed from Obamacare when Gov. Palin focused the spot light on them?
Because they weren't.
Markle wrote:IF Obamacare is not a job killer, why is ours the slowest recovery since WW II? We have 6 MILLION PEOPLE working part time who NEED full time jobs. The average household income has DROPPED since President Obama took office. IF Obamacare is not a job killer, why has the rate of workers dropped to the lowest point in nearly 40 years?
Because 11,000,000 jobs have been added to the economy since the passage of the ACA.
Regarding the labor force participation rate, feel free to go discuss that here, Forrest. I've tried to get you to discuss that repeatedly. All you do is run away.
Markle wrote:As for inflation, it will begin when the Fed. quits printing worthless money.
What on earth are you talking about? You clearly do not understand how inflation works. This sentence that I have quoted proves it. How on earth would inflationary pressure be created by the Fed stopping printing money?
Markle wrote:You forgot Iraq. As you know, Ramadi was captured today. We told you that too.
You're right. I did forget Iraq. "We will be greeted as saviors!" "This will be wrapped up in a few months and won't cost that much!"
Yeah, republicans [Republicans] have been wrong on just about everything that they forecast.
Dear god, how many times do we have to play these videos.
Has O'Reilly convinced you this is a democrat dressed up in a hayseed mask and impersonating the hayseed's voice or what?
Here are facts for you to IGNORE, like any mature Progressive.
Just to remind all our FRIENDS from the far left, the responsibility for this mess lies with Jimmy Carter, Bill Clinton, Barney Frank and Chris Dodd. AND WITH REPUBLICANS for backing off every time Barney Frank and his cronies played…THE RACE CARD! The housing bubble is what led to the downfall and that was driven by Democrats, starting with Jimmy Carter and hugely expanded by Bill Clinton. Here are the facts, once again, for you to ignore….
HUD TO FIGHT DISCRIMINATION, BOOST MINORITY HOMEOWNERSHIP AND WORK WITH URBAN LEAGUE TO FURTHER GOALS August 5, 1997 http://www.thefreelibrary.com/HUD+to+Fight+Discrimination%2c+Boost+Minority+Homeownership+and+Work...-a019650647
New York Times - 1999 Fannie Mae Eases Credit To Aid Mortgage Lending - http://www.nytimes.com/1999/09/30/business/fannie-mae-eases-credit-to-aid-mortgage-lending.html
President Bush’s and the Administrations Unheeded Warnings About the Systemic Risk Posed by the GSEs – Fannie and Freddie dating back to 2001 http://swampie.wordpress.com/2008/09/22/just-the-facts-the-administrations-unheeded-warnings-about-the-systemic-risk-posed-by-the-gses/
By Elliot Blair Smith, USA TODAY Fannie Mae to pay $400 million fine http://www.bloomberg.com/apps/news?pid=newsarchive&refer=columnist_hassett&sid=aSKSoiNbnQY0
Franklin Raines was Director of the Office of Management and Budget under Clinton and returned to Fannie Mae as its CEO in 1999. Raines is not a “chief” economic adviser for President Barack Hussein Obama but has advised the administration on mortgage and housing matters. Obama had hired another former Fannie CEO, Jim Johnson as a member of Obama’s V.P. search committee and who was forced to quit under fire.
Bloomberg News - How the Democrats Created the Financial Crisis - http://www.bloomberg.com/apps/news?pid=newsarchive&refer=columnist_hassett&sid=aSKSoiNbnQY0
Democrats in their own words covering up the Fannie Mae, Freddie Mac https://www.youtube.com/watch?v=IyqYY72PeRM
Timeline shows Bush, McCain warning Democrats of Financial Crisis https://www.youtube.com/watch?v=cMnSp4qEXNM&feature=related
From the New York Times New Agency Proposed to Oversee Freddie Mac and Fannie Mae By STEPHEN LABATON Published: September 11, 2003 WASHINGTON,
Sept. 10— The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.
Under the plan, disclosed at a Congressional hearing today, a new agency would be created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac, the government-sponsored companies that are the two largest players in the mortgage lending industry.
The new agency would have the authority, which now rests with Congress, to set one of the two capital-reserve requirements for the companies. It would exercise authority over any new lines of business. And it would determine whether the two are adequately managing the risks of their ballooning portfolios.
The plan is an acknowledgment by the administration that oversight of Fannie Mae and Freddie Mac -- which together have issued more than $1.5 trillion in outstanding debt -- is broken. A report by outside investigators in July concluded that Freddie Mac manipulated its accounting to mislead investors, and critics have said Fannie Mae does not adequately hedge against rising interest rates.
From USNews and World Report Barney Frank's Fannie and Freddie Muddle By Sam Dealey September 10, 2008
[…]
So five years ago, there was one of those rare moments in Washington when the branches and personalities of government—in this case, the Bush administration—are less interested in protecting or expanding their turf than in fixing a looming catastrophe. What was Frank's response to the proposal?
''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ''The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.'' […]
Wall Street Journal Barney’s Rubble – September 17, 2008 http://online.wsj.com/news/articles/SB122161010874845645
Barney Frank in 2005: What Housing Bubble? https://www.youtube.com/watch?v=iW5qKYfqALE
Maxine Waters & Barney Frank - Then Vs. Now - http://www.liveleak.com/view?i=275_1235196320
Steve Kroft On Credit Default Swaps And Their Central Role In The Unfolding Economic Crisis - http://www.cbsnews.com/news/the-bet-that-blew-up-wall-street/
All this, in addition to the repeal of the Glass-Steagall Act by President William Jefferson Clinton caused the meltdown.
It COULD have been stopped or greatly reduced. Democrats fought that every step of the way and the Republicans wilted under the barrage of being called racist and worse.
Why make disparaging comments about my education when you know nothing about it?
There is nothing disparaging about not having been educated beyond secondary school. A person coming on this forum and repeatedly saying things about inflation which are exactly opposite has no conceptual basis in economics or monetary policy. Your statement was scientifically absurd. Do you want me to somehow let you down easy that you have no economic education......I have tried that repeatedly, and respectfully to explain the science, only to have complete opposite concepts bungled and I am attacked in the process. I have never......and I repeat never talked about your education, but on economics YOU HAVE NEVER taken a course post high school, and I doubt if you even took high school economics. Please do some reading and understand uopolicy and how it effects inflation. It is obvious that Boards has ample post college understanding the science of economics, yet you continue to make yourself look foolish when the concepts evade your comprehension while you attack Boards. I like you. I think you are a smart man who I would like in the real world, but please recognize when Boards is talking about economics.......he knows what he is talking about.....does not know chit about the NBA.....but he knows economics.
Posts : 11865 Join date : 2012-06-14 Age : 72 Location : Pensacola, FL
2seaoat wrote:Why make disparaging comments about my education when you know nothing about it?
There is nothing disparaging about not having been educated beyond secondary school. A person coming on this forum and repeatedly saying things about inflation which are exactly opposite has no conceptual basis in economics or monetary policy. Your statement was scientifically absurd. Do you want me to somehow let you down easy that you have no economic education......I have tried that repeatedly, and respectfully to explain the science, only to have complete opposite concepts bungled and I am attacked in the process. I have never......and I repeat never talked about your education, but on economics YOU HAVE NEVER taken a course post high school, and I doubt if you even took high school economics. Please do some reading and understand uopolicy and how it effects inflation. It is obvious that Boards has ample post college understanding the science of economics, yet you continue to make yourself look foolish when the concepts evade your comprehension while you attack Boards. I like you. I think you are a smart man who I would like in the real world, but please recognize when Boards is talking about economics.......he knows what he is talking about.....does not know chit about the NBA.....but he knows economics.
I wonder if he even reads and comprehends the cut and pastes he uses? We are back to blaming Barney Frank for the 2008 economic meltdown.... I guess President Bush had no power over good old Barney when he was our country's chief executive......
Posts : 9062 Join date : 2010-01-02 Age : 45 Location : Pensacola, FL
Markle wrote:
boards of FL wrote:
Markle wrote:IF there were no Death Panels, why were they removed from Obamacare when Gov. Palin focused the spot light on them?
Because they weren't.
Markle wrote:IF Obamacare is not a job killer, why is ours the slowest recovery since WW II? We have 6 MILLION PEOPLE working part time who NEED full time jobs. The average household income has DROPPED since President Obama took office. IF Obamacare is not a job killer, why has the rate of workers dropped to the lowest point in nearly 40 years?
Because 11,000,000 jobs have been added to the economy since the passage of the ACA.
Regarding the labor force participation rate, feel free to go discuss that here, Forrest. I've tried to get you to discuss that repeatedly. All you do is run away.
Markle wrote:As for inflation, it will begin when the Fed. quits printing worthless money.
What on earth are you talking about? You clearly do not understand how inflation works. This sentence that I have quoted proves it. How on earth would inflationary pressure be created by the Fed stopping printing money?
Markle wrote:You forgot Iraq. As you know, Ramadi was captured today. We told you that too.
You're right. I did forget Iraq. "We will be greeted as saviors!" "This will be wrapped up in a few months and won't cost that much!"
Yeah, republicans [Republicans] have been wrong on just about everything that they forecast.
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