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| Topic: Obama speaks from the heart. Tells lawmakers..... | |
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not calling you a liar or anything but both little league and pony league rule books say that proof of age is required before a kid can play. if a state ID covers that, then ok. but I'm surprised that no coach ever asked for it to satisfy the tourney affidavit..
ANYWAYS>>>> Someone tell me why the DEMS insist on having Republican support of the PORK bill... please.. someone offer some kind of explanation....... otherwise the only explanation that comes close to passing the smell test is that they want to smear the stink of this bill on Congressional Republicans... talk about playing politics.. this stinks of it.. people act like Republicans are the only ones with an eye on the next elections wherein many seated Republicans are going to be up for re-election.. SO the Dems in the House want to stain those Republicans with this pork in hopes of getting them replaced by more liberal democrats... someone please tell me why the DEMS want to make sure they get Republicnas to go along with this... |
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It looks like the plan that will be announced next week for the banks will be more of the same but with a tad bit more oversight. Once again the government will insure the "toxic assets" losses. The government should act like a private investor and snap up these assets at firesale prices for the taxpayers. No one from the Washington establishment or Wall Street should run the program. Actually, the last thing we need is government buying these up. Let them auction them to the general public like everybody else. If you had "deep Pockets" wouldn't you like to be buying oil at todays prices for resale when the price recovers? There is no market for the general public today. Nonsense. If they are being auctioned off at "firesale" prices as you put it, someone would buy them. Someone always does. Investors are buying up foreclosures. The market is just too flooded right now. The general public is just trying to stay in their homes. It gonna take "deeper pockets" than investors to clear the system. Those "deeper pockets" being the amount of money the government can spend. Let's see. The government injected capital into the banks and that didn't work. Let's see. The government has issured some of the losses and that didn't work. At least the government would have something to show for the money spent. That being a house on a piece of property. Mortgages could be adjusted to keep people in their homes. And payments comes with interest. So your suggestion is to get the government into the mortgage business? That's surprising, given their complete incompetence in everything to date, even by your own admission. No one from the Washington establishment or Wall Street should run the program but I'm sure people that were honest, qualified, and experienced could be found. Great. You realize you stopped making sense a couple of posts ago, right? 
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not calling you a liar or anything but both little league and pony league rule books say that proof of age is required before a kid can play. if a state ID covers that, then ok. but I'm surprised that no coach ever asked for it to satisfy the tourney affidavit.. ANYWAYS>>>> Someone tell me why the DEMS insist on having Republican support of the PORK bill... please.. someone offer some kind of explanation....... otherwise the only explanation that comes close to passing the smell test is that they want to smear the stink of this bill on Congressional Republicans... talk about playing politics.. this stinks of it.. people act like Republicans are the only ones with an eye on the next elections wherein many seated Republicans are going to be up for re-election.. SO the Dems in the House want to stain those Republicans with this pork in hopes of getting them replaced by more liberal democrats... someone please tell me why the DEMS want to make sure they get Republicans to go along with this... Duh,,, You mean you really cant see how bipartisanship in Washington is important. Im not from Missouri but show me there are at least a few Republicans able to think and act for themselves. Show me at least one who isnt trying to wreck the train. I say the whole party should be banned and let another party become our second party in the two party system. |
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Once again Im glad to see so many economic geniuses on Mingle...
Maybe Barrack should call you for advice...  
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Analysts say both Wall Street and Washington are largely resolved to creating a government-run entity to buy troubled assets from banks and other struggling financial institutions. It’s just a matter of how and when—and some say, the sooner the better. “Get on with the process of putting a value on these assets and lifting them off the banks’ balance sheets,” says Robert Glauber, who supervised the Treasury Department’s role in the rescue of the savings and loan industry, which included a version of the bad bank concept, the Resolution Trust Corporation. “No one wants to put money into these banks and see it become worth less,” he adds. “That has happened quarter after quarter.” Momentum for the so-called aggregate bad bank asset-purchase plan has built quickly since Fed Chairman Ben Benrnake mentioned the idea in a wide-ranging speech last week. FDIC Chairwoman Sheila Bair referred on Wednesday to the financial-aid options Bernanke outlined, telling CNBC the aggregate bad bank option “might have an advantage in the sense that it actually moves the assets off the balance sheets, freeing up lending capacity.” Though some have scoffed at the resurfacing of the troubled asset purchase plan—which was the cornerstone of the TARP bailout package last fall. It was shelved by then-Treasury Secretary Paulson, who instead adopted a capital-injection model. Analysts say the continuing financial crisis underscores the concept’s utility and might even make it more attractive than before. http://www.prisonplanet.com/bad-bank-regains-favor-as-solution-for-toxic-debt.html |
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Once again Im glad to see so many economic geniuses on Mingle... Maybe Barrack should call you for advice...
I have e mailed him about my reasons for supporting the original Tarp plan of buying up the toxic mortgages. http://www.whitehouse.gov/contact/ |
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Even the CBO says this bill is bad business! Crowding out private investment and failing to create jobs.
We're being told that this bill is supposed to create jobs and "Get America Working again".. what jobs? are all the umemployed software analysts and retail workers supposed to pick up a shovel and start re-sodding the National Mall?? Get Real CBO: Obama stimulus harmful over long haul Stephen Dinan (Contact) Wednesday, February 4, 2009 President Obama's economic recovery package will actually hurt the economy more in the long run than if he were to do nothing, the nonpartisan Congressional Budget Office said Wednesday. CBO, the official scorekeepers for legislation, said the House and Senate bills will help in the short term but result in so much government debt that within a few years they would crowd out private investment, actually leading to a lower Gross Domestic Product over the next 10 years than if the government had done nothing. CBO estimates that by 2019 the Senate legislation would reduce GDP by 0.1 percent to 0.3 percent on net. [The House bill] would have similar long-run effects, CBO said in a letter to Sen. Judd Gregg, New Hampshire Republican, who was tapped by Mr. Obama on Tuesday to be Commerce Secretary. The House last week passed a bill totaling about $820 billion while the Senate is working on a proposal reaching about $900 billion in spending increases and tax cuts. But Republicans and some moderate Democrats have balked at the size of the bill and at some of the spending items included in it, arguing they won't produce immediate jobs, which is the stated goal of the bill. The budget office had previously estimated service the debt due to the new spending could add hundreds of millions of dollars to the cost of the bill -- forcing the crowd-out. CBOs basic assumption is that, in the long run, each dollar of additional debt crowds out about a third of a dollars worth of private domestic capital, CBO said in its letter. CBO said there is no crowding out in the short term, so the plan would succeed in boosting growth in 2009 and 2010. The agency projected the Senate bill would produce between 1.4 percent and 4.1 percent higher growth in 2009 than if there was no action. For 2010, the plan would boost growth by 1.2 percent to 3.6 percent. CBO did project the bill would create jobs, though by 2011 the effects would be minuscule. http://www.washingtontimes.com/news/2009/feb/04/cbo-obama-stimulus-harmful-over-long-haul/ |
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Anyway, Geitner will announce bank plans probably Monday. Watch Wall Street for a barometer.
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Edited by
raiderfan_32
on
Fri 02/06/09 11:03 AM
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Once again Im glad to see so many economic geniuses on Mingle... Maybe Barrack should call you for advice...
Toe the Party line much??? Obama bemoans: Everyone's an economist Feb 6 12:22 PM US/Eastern WASHINGTON (AP) - President Barack Obama says in Washington these days, everyone's an economist—or thinks they are. Obama introduced a team of outside economic advisers Friday at a White House ceremony in which he also renewed his demand that Congress act quickly on his economic recovery package. As the country struggles with the worst financial crisis since the Great Depression, Obama said there has been no shortage of advice on how to solve the nation's woes. "You've got some economists and some folks who think they're economists. By the way, these days everybody thinks they're economists," he joked. Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. http://www.breitbart.com/article.php?id=D96675KG0&show_article=1 |
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Once again Im glad to see so many economic geniuses on Mingle... Maybe Barrack should call you for advice...
the CBO came to the conclusion that we're better off doing nothing as opposed to passing this " spending "...bill... 
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so to extend the anaolgy, the democratic national party would be the parent and Obama the 12 yr old.. if either is duplicitous in nominating an ineligible candidate, that's a serious issue but bickering over Obama's birth certificate detracts from the actual issue of the pork barrel spending bill that lay before the House.. Let the Dems pass it without Republican support and take full ownership of it.. what's the problem with that??? Of course the down side to that is that the non support from the republicans will show that they care nothing for the average citizen of this country because if the bill does not happen we are for sure to go into depression here. that's not what the CBO says... They're actually saying that doing NOTHING will be better than passing a pork-laden liberal letter to santa claus.. are these the experts to which you refer? probably not.. CBO: Obama stimulus harmful over long haul Stephen Dinan (Contact) Wednesday, February 4, 2009 President Obama's economic recovery package will actually hurt the economy more in the long run than if he were to do nothing, the nonpartisan Congressional Budget Office said Wednesday. CBO, the official scorekeepers for legislation, said the House and Senate bills will help in the short term but result in so much government debt that within a few years they would crowd out private investment, actually leading to a lower Gross Domestic Product over the next 10 years than if the government had done nothing. CBO estimates that by 2019 the Senate legislation would reduce GDP by 0.1 percent to 0.3 percent on net. [The House bill] would have similar long-run effects, CBO said in a letter to Sen. Judd Gregg, New Hampshire Republican, who was tapped by Mr. Obama on Tuesday to be Commerce Secretary. The House last week passed a bill totaling about $820 billion while the Senate is working on a proposal reaching about $900 billion in spending increases and tax cuts. But Republicans and some moderate Democrats have balked at the size of the bill and at some of the spending items included in it, arguing they won't produce immediate jobs, which is the stated goal of the bill. The budget office had previously estimated service the debt due to the new spending could add hundreds of millions of dollars to the cost of the bill -- forcing the crowd-out. CBOs basic assumption is that, in the long run, each dollar of additional debt crowds out about a third of a dollars worth of private domestic capital, CBO said in its letter. CBO said there is no crowding out in the short term, so the plan would succeed in boosting growth in 2009 and 2010. The agency projected the Senate bill would produce between 1.4 percent and 4.1 percent higher growth in 2009 than if there was no action. For 2010, the plan would boost growth by 1.2 percent to 3.6 percent. CBO did project the bill would create jobs, though by 2011 the effects would be minuscule. http://www.breitbart.com/article.php?id=D96675KG0&show_article=1 |
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Edited by
Drivinmenutz
on
Fri 02/06/09 01:22 PM
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not calling you a liar or anything but both little league and pony league rule books say that proof of age is required before a kid can play. if a state ID covers that, then ok. but I'm surprised that no coach ever asked for it to satisfy the tourney affidavit.. ANYWAYS>>>> Someone tell me why the DEMS insist on having Republican support of the PORK bill... please.. someone offer some kind of explanation....... otherwise the only explanation that comes close to passing the smell test is that they want to smear the stink of this bill on Congressional Republicans... talk about playing politics.. this stinks of it.. people act like Republicans are the only ones with an eye on the next elections wherein many seated Republicans are going to be up for re-election.. SO the Dems in the House want to stain those Republicans with this pork in hopes of getting them replaced by more liberal democrats... someone please tell me why the DEMS want to make sure they get Republicans to go along with this... Duh,,, You mean you really cant see how bipartisanship in Washington is important. Im not from Missouri but show me there are at least a few Republicans able to think and act for themselves. Show me at least one who isnt trying to wreck the train. I say the whole party should be banned and let another party become our second party in the two party system. Wow fanta... I am predicting this whole statement was a joke. Either that or you have lost ALL sense of logic. Otherwise I toast your humor  .
Bipartisanship is NOT NEARLY as important as people standing up for the right thing. I think this last election was a wake up call for republicans. They are changing and actually becoming conservative. Now people criticize them for changing. Interesting, VERY interesting... |
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Edited by
Winx
on
Fri 02/06/09 02:34 PM
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not calling you a liar or anything but both little league and pony league rule books say that proof of age is required before a kid can play. if a state ID covers that, then ok. but I'm surprised that no coach ever asked for it to satisfy the tourney affidavit.. The coach knows my child because my child has pitched for the team for 3 yrs. The coach holds the league card that (I got with the state ID) the whole season. |
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not calling you a liar or anything but both little league and pony league rule books say that proof of age is required before a kid can play. if a state ID covers that, then ok. but I'm surprised that no coach ever asked for it to satisfy the tourney affidavit.. ANYWAYS>>>> Someone tell me why the DEMS insist on having Republican support of the PORK bill... please.. someone offer some kind of explanation....... otherwise the only explanation that comes close to passing the smell test is that they want to smear the stink of this bill on Congressional Republicans... talk about playing politics.. this stinks of it.. people act like Republicans are the only ones with an eye on the next elections wherein many seated Republicans are going to be up for re-election.. SO the Dems in the House want to stain those Republicans with this pork in hopes of getting them replaced by more liberal democrats... someone please tell me why the DEMS want to make sure they get Republicans to go along with this... Duh,,, You mean you really cant see how bipartisanship in Washington is important. Im not from Missouri but show me there are at least a few Republicans able to think and act for themselves. Show me at least one who isnt trying to wreck the train. I say the whole party should be banned and let another party become our second party in the two party system. Wow fanta... I am predicting this whole statement was a joke. Either that or you have lost ALL sense of logic. Otherwise I toast your humor .
Bipartisanship is NOT NEARLY as important as people standing up for the right thing. I think this last election was a wake up call for republicans. They are changing and actually becoming conservative. Now people criticize them for changing. Interesting, VERY interesting... exactly. If the bill is so great and is the savior of the nation, the Democrats should be glad to pass it without the Republicans. Then they can take all the credit and make a bigger sweep in 2010. But they're afraid. Everything leading up to this point has been bipartisan - both parties set up the house of cards for the meltdown. If the Republicans do not vote for this bill and all it gets us is another trillion on the national debt (and even increase it at a faster rate than W did) then they're hosed. They're afraid that if it fails, there will finally have to be a party in Washington that has to live up to the fact that they were the only ones to do it. They will have nobody else to blame. |
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Edited by
Fanta46
on
Fri 02/06/09 08:46 PM
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It takes 60 votes to pass. There are only 56 Democrats in the Senate, 41 Republicans (for now), and 2 Independents.
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It takes 60 votes to pass. There are only 56 Democrats in the Senate, 41 Republicans (for now), and 2 Independents. that sounds like tough titty to me.. |
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I haven't heard that since high school.
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It takes 60 votes to pass. There are only 56 Democrats in the Senate, 41 Republicans (for now), and 2 Independents. that sounds like tough titty to me..
http://mingle2.com/topic/show/203450 |
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i thought this topic would get to the point..........i was expecting to see where "actually" obama was born..... *sigh*
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i thought this topic would get to the point..........i was expecting to see where "actually" obama was born..... *sigh* I guess you haven't kept with the news. He was born in Hawaii. |
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