Obama’s big sellout

[Arraya]

[quote=CONCHO]First the people who have private health insurance (middle class salaried folks who vote) don’t want any change or are very afraid of change.

Second, Americans are addicted to expensive medications and costly tests which are generally unnecessary.

Third, saving money on healthcare means cutting people’s incomes (those who work in health care). That reduces economic turnover and wealth. If you suddenly eliminate 1/2 the health care industry, you eliminate a substantial portion of GDP.

Good summary. It’s basically the same situation as in “Idiocracy” where the economy collapses after they stop spraying Brawndo on the crops. Everything you need to understand the world today can be found in that film.[/quote]

Haha… If people suddenly started taking better care of themselves and we did not have wars. What would we do for an economy?

[davelj]

[quote=Arraya]
Please, tell us again how the banking system is ok
[/quote]

I haven’t been saying the banking system is “ok.” (Although that’s an interesting misrepresentation of what I’ve been saying for quite some time.) The banking industry is in intensive care, but with all of the new non-government capital coming in and real estate prices beginning to stabilize (note – I did not say “improve”), things are improving slightly at the margin within the industry. I think it’ll be a few years before I’d define the banking industry as “ok.”

Please, tell us again what I haven’t been saying…

[davelj]

[quote=Arraya]
Please, tell us again how the banking system is ok
[/quote]

I haven’t been saying the banking system is “ok.” (Although that’s an interesting misrepresentation of what I’ve been saying for quite some time.) The banking industry is in intensive care, but with all of the new non-government capital coming in and real estate prices beginning to stabilize (note – I did not say “improve”), things are improving slightly at the margin within the industry. I think it’ll be a few years before I’d define the banking industry as “ok.”

Please, tell us again what I haven’t been saying…

[davelj]

[quote=Arraya]
Please, tell us again how the banking system is ok
[/quote]

I haven’t been saying the banking system is “ok.” (Although that’s an interesting misrepresentation of what I’ve been saying for quite some time.) The banking industry is in intensive care, but with all of the new non-government capital coming in and real estate prices beginning to stabilize (note – I did not say “improve”), things are improving slightly at the margin within the industry. I think it’ll be a few years before I’d define the banking industry as “ok.”

Please, tell us again what I haven’t been saying…

[davelj]

[quote=Arraya]
Please, tell us again how the banking system is ok
[/quote]

I haven’t been saying the banking system is “ok.” (Although that’s an interesting misrepresentation of what I’ve been saying for quite some time.) The banking industry is in intensive care, but with all of the new non-government capital coming in and real estate prices beginning to stabilize (note – I did not say “improve”), things are improving slightly at the margin within the industry. I think it’ll be a few years before I’d define the banking industry as “ok.”

Please, tell us again what I haven’t been saying…

[davelj]

[quote=Arraya]
Please, tell us again how the banking system is ok
[/quote]

I haven’t been saying the banking system is “ok.” (Although that’s an interesting misrepresentation of what I’ve been saying for quite some time.) The banking industry is in intensive care, but with all of the new non-government capital coming in and real estate prices beginning to stabilize (note – I did not say “improve”), things are improving slightly at the margin within the industry. I think it’ll be a few years before I’d define the banking industry as “ok.”

Please, tell us again what I haven’t been saying…

[briansd1]

Arraya, a nuclear power plant can be built in a couple months if you waive all the lawsuits and environmental reviews and ram it through. People will demand it they are faced with black-outs.

Who will pay for it? Well, “printed” dollars of course. 🙂

Push comes to shove, we’ll do what we have to do if oil runs out abruptly like you predict (I’ll give you the benefit of the doubt).

We still have plenty of coal, and plug-in cars are on their way.

[briansd1]

Arraya, a nuclear power plant can be built in a couple months if you waive all the lawsuits and environmental reviews and ram it through. People will demand it they are faced with black-outs.

Who will pay for it? Well, “printed” dollars of course. 🙂

Push comes to shove, we’ll do what we have to do if oil runs out abruptly like you predict (I’ll give you the benefit of the doubt).

We still have plenty of coal, and plug-in cars are on their way.

[briansd1]

Arraya, a nuclear power plant can be built in a couple months if you waive all the lawsuits and environmental reviews and ram it through. People will demand it they are faced with black-outs.

Who will pay for it? Well, “printed” dollars of course. 🙂

Push comes to shove, we’ll do what we have to do if oil runs out abruptly like you predict (I’ll give you the benefit of the doubt).

We still have plenty of coal, and plug-in cars are on their way.

[briansd1]

Arraya, a nuclear power plant can be built in a couple months if you waive all the lawsuits and environmental reviews and ram it through. People will demand it they are faced with black-outs.

Who will pay for it? Well, “printed” dollars of course. 🙂

Push comes to shove, we’ll do what we have to do if oil runs out abruptly like you predict (I’ll give you the benefit of the doubt).

We still have plenty of coal, and plug-in cars are on their way.

[briansd1]

Arraya, a nuclear power plant can be built in a couple months if you waive all the lawsuits and environmental reviews and ram it through. People will demand it they are faced with black-outs.

Who will pay for it? Well, “printed” dollars of course. 🙂

Push comes to shove, we’ll do what we have to do if oil runs out abruptly like you predict (I’ll give you the benefit of the doubt).

We still have plenty of coal, and plug-in cars are on their way.

[GH]

Many would like to see printed money go away, and in some ways I agree. That said, most of you have jobs and homes paid for directly or indirectly by printed money. Without it I believe we would see unemployment in excess of 50% right now.

I understand some are on retirements etc, but even that would be terminated if the tax payers suddenly became non tax payers as they lost jobs, as is already the case in a huge way in States across the country. So the choice is for ALL of us to get used to a LOT lower income and lifestyle, where ALL debts are not paid including those owed to retirees (GASP) or we print like there was no tomorrow.

Hard choices I know, but unless we can get away from a consumption based economy in which the things we consume are made by people earning less than a dollar an hour in most cases, I see little other choice.

As for Obama, I don’t know if he is a Trojan horse, or just inept, but the idea of Obama vs the reality of Obama are two very different things. And no that does not make me a Bush supporter. I am dismayed to find a third term of Bush policy when so much more should have and needed to be possible.

[GH]

Many would like to see printed money go away, and in some ways I agree. That said, most of you have jobs and homes paid for directly or indirectly by printed money. Without it I believe we would see unemployment in excess of 50% right now.

I understand some are on retirements etc, but even that would be terminated if the tax payers suddenly became non tax payers as they lost jobs, as is already the case in a huge way in States across the country. So the choice is for ALL of us to get used to a LOT lower income and lifestyle, where ALL debts are not paid including those owed to retirees (GASP) or we print like there was no tomorrow.

Hard choices I know, but unless we can get away from a consumption based economy in which the things we consume are made by people earning less than a dollar an hour in most cases, I see little other choice.

As for Obama, I don’t know if he is a Trojan horse, or just inept, but the idea of Obama vs the reality of Obama are two very different things. And no that does not make me a Bush supporter. I am dismayed to find a third term of Bush policy when so much more should have and needed to be possible.

[GH]

Many would like to see printed money go away, and in some ways I agree. That said, most of you have jobs and homes paid for directly or indirectly by printed money. Without it I believe we would see unemployment in excess of 50% right now.

I understand some are on retirements etc, but even that would be terminated if the tax payers suddenly became non tax payers as they lost jobs, as is already the case in a huge way in States across the country. So the choice is for ALL of us to get used to a LOT lower income and lifestyle, where ALL debts are not paid including those owed to retirees (GASP) or we print like there was no tomorrow.

Hard choices I know, but unless we can get away from a consumption based economy in which the things we consume are made by people earning less than a dollar an hour in most cases, I see little other choice.

As for Obama, I don’t know if he is a Trojan horse, or just inept, but the idea of Obama vs the reality of Obama are two very different things. And no that does not make me a Bush supporter. I am dismayed to find a third term of Bush policy when so much more should have and needed to be possible.

[GH]

Many would like to see printed money go away, and in some ways I agree. That said, most of you have jobs and homes paid for directly or indirectly by printed money. Without it I believe we would see unemployment in excess of 50% right now.

I understand some are on retirements etc, but even that would be terminated if the tax payers suddenly became non tax payers as they lost jobs, as is already the case in a huge way in States across the country. So the choice is for ALL of us to get used to a LOT lower income and lifestyle, where ALL debts are not paid including those owed to retirees (GASP) or we print like there was no tomorrow.

Hard choices I know, but unless we can get away from a consumption based economy in which the things we consume are made by people earning less than a dollar an hour in most cases, I see little other choice.

As for Obama, I don’t know if he is a Trojan horse, or just inept, but the idea of Obama vs the reality of Obama are two very different things. And no that does not make me a Bush supporter. I am dismayed to find a third term of Bush policy when so much more should have and needed to be possible.

[Author]

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