Obama, intellectual or empty suit?

[scaredyclassic]

Yeah and vermin supreme will get everything under control if you will only let him implement the federal mandatory dental health laws.

[blahblahblah]

[quote=walterwhite]Yeah and vermin supreme will get everything under control if you will only let him implement the federal mandatory dental health laws.[/quote]

I just want my free pony, which I believe falls under the “general welfare” clause.

[SK in CV]

[quote=CONCHO]
Not taking sides here, but there really was no “Clinton surplus.” The illusion of a surplus was created by borrowing from social security. This article gives a pretty good overview of the trickery involved. During his time in office, the national debt increased 26% from $4.5T to $5.7T. You can see this for yourself over in the data section at treasurydirect.gov.

[/quote]

I think there’s a bit of a misconception about the borrowing from social security. It’s not an option. (I’m not disputing the fallacy of the Clinton budget surplus. I vaguely remember looking into it and finding the argument lacking, but it’s not something I want to look into again.) If there is a surplus of social security collected over social security paid out, it MUST be used to purchase government debt, and will result in an increase in total government debt. That’s statutory. There are no other legal places for that surplus to go. Theoretically, if there is a balanced budget, it will also result in a net pay down of other public debt.

[markmax33]

[quote=briansd1][quote=markmax33]

You seem to imply that Clinton didn’t benefit from Greenspan? Those low interest rates boosted tax reciepts and let him “balance” the budget. It wasn’t through Clinton’s intelligence or policy.[/quote]

So how come GWB took a surplus and created a huge deficit, with even lower interest rates?

markmax33, I meant to say that Reagan started the credit binge. It would be like living paycheck-to-paycheck and then suddenly you get a 10k credit card that you use to fuel discretionary spending. The Reagan years are when college kids and everybody else started getting easy credit cards.

Bill Clinton reformed welfare as we knew it. He certainly benefited from the Internet Revolution. In the end, Clinton left us with a well-managed economy and a nice budget surplus.

George W. Bush’s term started off with 2 disastrous wars and even more credit-fueled consumption based on home equity extraction and home valuations that would disappear before the end of his second term.

George H.W. Bush, the father, was extremely intelligent in a spy-master kind of way for, after all, he was the head of the CIA. GHWB was kinda haughty and aloof so people didn’t warm up to him. I admire GHWB more than Reagan though. I believe that, as VP, he was the éminence grise throughout Reagan’s term.[/quote]

Brian – Greenspan/The Fed creates the market cycle. It wasn’t Bush’s fault for the collapse and it wasn’t Clinton’s fault the bubble was created during his Presidency.

It is a failure central economic planning. Did you see the fed audit and $16T in loans? Just because we don’t have an audit during the Clinton/Bush timeframe doesn’t mean there wasn’t massive visible manipulation through changing interest rates and more items that were less visible.

If you are saying that something Bush did collapsed the economy you should consider the rate hikes from Allan Greenspan during that time. Those weren’t even hidden from public view.

The biggest change in the early 1980s was actually to the fed’s mission statement. The fed’s mission statement went from:

1. Controlling inflation

and added:

2. Controlling job creation

The 2 ideas do not move together. The fed can’t possibly do both. It is choosing to disregard inflation, by creating a new inflation measure and not accurately reporting data instead of going by the real data.

[SK in CV]

[quote=markmax33]
Just because we don’t have an audit during the Clinton/Bush timeframe doesn’t mean there wasn’t massive visible manipulation through changing interest rates and more items that were less visible.

[/quote]

Which years did you want to see fed audits for? in about 2 minutes i found audits for years 1995 through 2010. A few more minutes I could probably find the older ones.

http://www.federalreserve.gov/publications/annual-report/default.htm

[briansd1]

[quote=CONCHO]
Not taking sides here, but there really was no “Clinton surplus.” The illusion of a surplus was created by borrowing from social security. This article gives a pretty good overview of the trickery involved. During his time in office, the national debt increased 26% from $4.5T to $5.7T. You can see this for yourself over in the data section at treasurydirect.gov.

It’s also worth mentioning that this had been going on long before Clinton became president, so he isn’t to blame for coming up with it. And his government was a model of sound fiscal policy compared to the two knuckleheads we’ve had since then, so please don’t take this as criticism. I just don’t like to hear these old myths repeated as if they are facts. Spending has been out of control since Ronnie Raygun rode into town off of one of his B-movie sets.[/quote]

So technically, there is a Social Security trust fund?

The Republicans like to claim that the Social Security trust fund doesn’t exist and that SS taxes are another form of taxation. But the SS trust fund does exist, as is clearly pointed out in your link.

If it were strickly cash-based accounting of: total coming in to government coffers including SS taxes, less total money paid out including SS benefits, there would have been surpluses.

[no_such_reality]

[quote] Presenting yourself in an attractive way is not the same as getting reelected by pandering to people’s weaknesses. That’s smart political strategy but it lacks strength of character. [/quote]

Wow, you’re missing the forest for the trees. Stalin would have loved you.

Obama is the quintessential demagogue.

The only difference between Newt and Obama is that Obama has charisma. They’re the same guy, just opposite sides of the political coin.

Or have you already forgotten that there are consequences to losing an election…

[markmax33]

[quote=SK in CV][quote=markmax33]
Just because we don’t have an audit during the Clinton/Bush timeframe doesn’t mean there wasn’t massive visible manipulation through changing interest rates and more items that were less visible.

[/quote]

Which years did you want to see fed audits for? in about 2 minutes i found audits for years 1995 through 2010. A few more minutes I could probably find the older ones.

http://www.federalreserve.gov/publications/annual-report/default.htm%5B/quote%5D

SK – LOL! These aren’t full fed audits! These are the fake audits they put out! Don’t you know the first partial audit was done in 2008!

[SK in CV]

[quote=markmax33]

SK – LOL! These aren’t full fed audits! These are the fake audits they put out! Don’t you know the first partial audit was done in 2008![/quote]

LOL! You don’t know what an audit is!

[NotCranky]

[quote=walterwhite]That situational intelligence is what distinguishes vermin supreme from the pack.[/quote]
I like him because he seems very accessible…like he would be the kind of president you might bump into while dumpster diving.

[scaredyclassic]

I dig that too. Especially his onstreet face to dace campaining videos where he hits people over the head with a redwhite and blue inflatable bat while exhorting them to “love America more!”.

Vermin supreme for chief fascist, pony rider supreme and dumpster master!

Love America more!

Love America more!

[Anonymous]

I haven’t followed Vermin’s campaign – does he really offer free ponies in his platform?

I have a daughter who is now full-on “horse crazy,” so this issue is very relevant to me.

[Anonymous]

[quote=SK in CV][quote=markmax33]

SK – LOL! These aren’t full fed audits! These are the fake audits they put out! Don’t you know the first partial audit was done in 2008![/quote]

LOL! You don’t know what an audit is![/quote]

Ron Paul know more about the Constitution than judges do.

And he knows more about audits than accountants do.

Is the space program Constitutional? I don’t see anything about moon rockets in Article 1, Section 8.

I’ll bet Ron Paul knows more about space flight than NASA does.

[scaredyclassic]

Yes free ponies, to reduce our dependence on foreign oil, Also for compost. but pony ownership is mandatory, since we are moving to a pony based economy with a federal pony identification system.

[scaredyclassic]

On the other hand he does say that he will promise us anything because he has no intention of keeping any promise hemakes once elected.

He’s a really great communicator though and has the calm soothing voice of a cult leader/hypnotist.

Lol is out loud but what’s the acronym for giggling silently and slightly creepily to self?

Gsascts?

[Author]

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