Obama Claims his policies are working

[Cabin4]

That's tells us allot. The real purveyors of "trickle down" economics are the big government advocates. They want to take the money and determine how to make it trickle down. They think a bunch of politicians in Washington should decide who gets what.

[Needles]

The US Constitution compels the federal government to keep the whole country safe. What purpose is an army if not for that? Against all enemies. Corporations with budgets many times bigger than the entire budget of the US are the biggest threat to the people in this country right now. Obama is trying to protect the average citizen; Nitt is trying to sell you down the river. It's nearly time to choose.

[Dixie Dude]

There are no corporations bigger than all the US budget.  Even Walmart, the biggest is only about 10% of the total US GDP.  Corporations hire millions of people, but only the ones who support Obama don't pay income tax, like GE. 

[Cabin4]

Some here have convinced themselves that the government raping and plundering from the American people, is protecting America!
 
Those obama big government trickle down economics are really working well....just look at the metrics . Things really are just fine.

[powderman]

Obama is trying to protect the average citizen;

 
HEH, right, I needed a good laugh. POWDERMAN. 

[Dixie Dude]

If anything it is the banks and the banking system.  The Federal Reserve has loaned several trillion to the European Union to keep them from colapsing.  Why?  I thought the Federal Reserve was for America.  They also OWN trillions of the Federal debt.  They should be audited.

[Needles]

There are no corporations bigger than all the US budget.  Even Walmart, the biggest is only about 10% of the total US GDP.  Corporations hire millions of people, but only the ones who support Obama don't pay income tax, like GE.

Goldman Sachs alone is holding three times as much as the entire US national debt just in derivitives, which is only 35% of their total holdings. The big 5 international banking corporations made $800 trillion as of last year. They have not hired anybody, at least not as many as they've fired.

[Cabin4]

There are no corporations bigger than all the US budget.  Even Walmart, the biggest is only about 10% of the total US GDP.  Corporations hire millions of people, but only the ones who support Obama don't pay income tax, like GE.

Goldman Sachs alone is holding three times as much as the entire US national debt just in derivitives, which is only 35% of their total holdings. The big 5 international banking corporations made $800 trillion as of last year. They have not hired anybody, at least not as many as they've fired.

Should the government make them hire people?

[Needles]

There are no corporations bigger than all the US budget.  Even Walmart, the biggest is only about 10% of the total US GDP.  Corporations hire millions of people, but only the ones who support Obama don't pay income tax, like GE.

Goldman Sachs alone is holding three times as much as the entire US national debt just in derivitives, which is only 35% of their total holdings. The big 5 international banking corporations made $800 trillion as of last year. They have not hired anybody, at least not as many as they've fired.

Should the government make them hire people?

What the government should do anytime a corporation closes down a facility in this country to move jobs overseas, it to make the company set up a trust fund to cover retirement for every employee that's about to lose their job when that facility closes. That should be mandatory for any multinational that wants to do business in the US. If they do not, their business in this country should be taxed and tarriffed to the extent that those employees' retirements  from the time the facility closes are covered for life. Other countries do this and it usually means it's cheaper for the corporation to just stay rather than outsourcing jobs. It works. It may not stop unemployment, but it helps pay for some of it.

[Cabin4]

Big government intruding in private business and trying to sway markets with uncompetitive strangle holds. Government should stay out of the way. That is the best conductor for business to emerge, grow, come, stay and thrive.

[Dixie Dude]

Government created the banking problem in 1998 when they forced mortgages on people with bad credit.  Thus creating the banking problems today.  Yes, banks are too big.  They should be broken up into smaller banks.  And the main thing it audit the Federal Reserve.  Then we can see what can be done to start straightening things out.  Until every bad mortgage is identified, and until these bundled diriviatives are broken up to find out what can be done, no amount of Federal Money will solve any problems right now.  Throwing money toward things isn't the answer.  Giving the banks bail out money wasn't the answer.  Letting some go into bankrupcy would have worked better, then the assets taken by solvent banks. 

[Needles]

Big government intruding in private business and trying to sway markets with uncompetitive strangle holds. Government should stay out of the way. That is the best conductor for business to emerge, grow, come, stay and thrive.

And the easiest way for them to let  workers struggle, starve and die.

[mcwoodduck]

Obama claims his policies are working.
 
46 million on food stamps
23 million out of work
Unemployment rate above 8% for 40  straight months
$1.2 trillion dollar annual budget deficit
$15+ trillion dollar national debt
Trillion dollar corp bail outs/corp welfare
Trillion dollar fake stimulus bill
Record high home forclosures
Record level home devaluation
Obamacare fake health care reform
Increased taxes & regulation
Highest sustained fuel prices in history
Record high offshoring of jobs
Record level division between the rich, working class and the poor.
 
Thats the plan. Just say it worked. Americans are stupid anyway and the liberal media outlets will replay he message over and over for him.

Depending on what the goals are.
If the goal is to bankrupt the country
Demonize the workers and make the takers feel they are owed what the workers produce.
To skirt the constitution and often to down right ignore it making it and all laws that they do not want to follow irrevelavant.  Soon making all laws worthless.
creating a war on Wealth by increasing taxes in every form that will kill the economy and produce less.
Using Envirmental policies to kill business.
Then I agree that his policies are working.

[Cabin4]

Big government intruding in private business and trying to sway markets with uncompetitive strangle holds. Government should stay out of the way. That is the best conductor for business to emerge, grow, come, stay and thrive.

And the easiest way for them to let  workers struggle, starve and die.

At least it would fair.

[Needles]

Big government intruding in private business and trying to sway markets with uncompetitive strangle holds. Government should stay out of the way. That is the best conductor for business to emerge, grow, come, stay and thrive.

And the easiest way for them to let  workers struggle, starve and die.

At least it would fair.

Fair? On what planet? There is no "fair" in capitalism. Big money wins always. Capitalism is not democracy. Capitalism is rule by the strongest--- measured in $.

[Cabin4]

Big government intruding in private business and trying to sway markets with uncompetitive strangle holds. Government should stay out of the way. That is the best conductor for business to emerge, grow, come, stay and thrive.

And the easiest way for them to let  workers struggle, starve and die.

At least it would fair.

Fair? On what planet? There is no "fair" in capitalism. Big money wins always. Capitalism is not democracy. Capitalism is rule by the strongest--- measured in $.

Governments are responsable for all that is wrong with this world. Yet, you think we need more of it. When you get big goverment, you get all that is bad in a much greater proportion than any good. Having the government stick its nose in business should be an excercise in severe limitation.

[Needles]

I never said we need "More Government." I think we need the right government. We don't have it, and big corporations are not going to give it to us and they are not going to thrive when and if we get it.

By the way, does Dynacorps and Halliburton still support human trafficking?

http://www.informationliberation.com/?id=4606


Money. If that's all you care about, that's all you will ever have. If that's all you care about, you have already lost your soul.


 

[Cabin4]

By the way, does Dynacorps and Halliburton still support human trafficking?
 

I dont know if those private corporations are into that or not. What I do know is that Acron, a publicly funded group deals in aiding child sexual abuse. Thanks to the government.

[Dixie Dude]

Oh, dirivitives are DEBT owed to the banks.  It is bundled mortgages.  This is not real assets.  It is debt.
 
Jefferson said the best government is the least government.  Governments have no business telling us what to eat, what to drink, making banks give mortgages to people with no means to pay it back, nor making treaties which hurt or gut their manufacturing base.  The feds only purpose was to "regulate" commerce between the states, not within a state.  Also regulations were only to keep the playing field fair. 

[SHOOTALL]

The US Constitution compels the federal government to keep the whole country safe. What purpose is an army if not for that? Against all enemies. Corporations with budgets many times bigger than the entire budget of the US are the biggest threat to the people in this country right now. Obama is trying to protect the average citizen; Nitt is trying to sell you down the river. It's nearly time to choose.

That sets off my BS meter. First the govt. does not produce anything but debt the last time I looked. Cooporations produce wealth. To do so they hire people. Those hired get paid with which they buy food etc. In good times they have disposable income to use to enjoy life. That is the bottom line in a nut shell. Look at countries where govt. controls business there is barely food much less disposable income. People live in apartments not private homes. Food is limited and often in short supply as is medical services .
 

[Needles]

It's "accounts receivable."  And derivatives are insured debt. Besides, for Goldman Sachs, if 35% is derivatives that means 65% is not. So they have $49 trillion in insured debt, and $91 trillion in other assets. Still more money than the US national debt, many times over.

[SHOOTALL]

SO ? where is it in our laws that says the govt. should have more debt ?

[Needles]

SO ? where is it in our laws that says the govt. should have more debt ?

I don't know where you got that. I was just using Goldman Sachs as an example of a corporation with a bigger budget than the US national debt. Meaning, they sure as hell don't need tax breaks at the expense of US taxpayers! They should pony up more--- they certainly made more off the US.

[Dixie Dude]

You don't know what the other 65% is.  Banks don't make money unless they lend money.  All of this is paper assets.  The US is worth 100's of trillions of dollars.  It is not liquid money, it is all in assets, like land, buildings, homes, etc.  Some of it is in car loans.  That is the problem with fiat money not being backed with gold like is was before the Federal Reserve was created in 1913.  Debt cannot be taxed by the feds.  Over half of the $15 trillion debt the US owes, is owed to the banks.  That can't be taxed.  I say the banks, because the Federal Reserve is the banking system.  It is not the Federal Government, but because it is like a banking monopoly, their governing members are appointed by the President and approved by congress.  The banks actually hold the power of the US in their hands.   I do agree with Ron Paul on this.  The Treasury department is SUPPOSED to coin and print money, not the Federal Reserve.  That is why the Federal Reserve needs to be audited to find out what they own.  They were partially audited last year and they loaned billions to the European Union.  The government bailed out these banks with our taxpayer money.  Basically we borrowed from Peter to pay Paul.  Government bailed out the banks by taking a loan from the Federal Reserve or borrowing money from China.  We have to pay it back with our taxes.  I say NO MORE BAILOUTS, only the banks get rich.  Enough spending is enough.  If banks can't sell the bad mortgages, it is their fault for loaning them.  They should be stuck with the debt. 

[Dixie Dude]

'I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered.'
Thomas Jefferson
 
That is what Jefferson said.  Now, you can't lump ALL corporations together.  There are retail, wholesale, and manufacturing corporations that produce a lot of jobs, goods, and services in this country.  The government needs to get a handle on the banking, not punish and blame everyone else.  You can't even get a mortgage today unless your credit score is 750 or above.  Doesn't matter your record of payment, pay history, or job history which is what they once did.  Banking is all computerised today.  The banks are all at the mercy of the Federal Reserve even if they are not members. 
 
We are becoming serfs to the government and banking institutions.  They will keep you in debt forever.  You don't even own your land if you can't pay the property tax, it will be confiscated just to pay the tax.  Government and banks are the ones too big. 
 

[Cabin4]

The government caused the mortgage meltdown. If we just let banks make the decision on how to loan thier money through private lending, the meltdown would never have happened. That is a fact.

[mcwoodduck]

Big government intruding in private business and trying to sway markets with uncompetitive strangle holds. Government should stay out of the way. That is the best conductor for business to emerge, grow, come, stay and thrive.

And the easiest way for them to let  workers struggle, starve and die.

At least it would fair.

Fair? On what planet? There is no "fair" in capitalism. Big money wins always. Capitalism is not democracy. Capitalism is rule by the strongest--- measured in $.

Capitalism is the fairist and most efficient way to allocate resources, create products, innovate, and purchase raw materials and finnished goods at the lowest prices possible.
the innovation is what allows money to flow up and down the chain.  As things are developed and invented new markets are developed and money flows that direction.  For example the computer industry has created new jobs, allocated resources, and created all kinds of innovation from the web to accounting programs and beyond.
If we did not have capitalism driving innovation like in communist countries we would still be driving 1950 cars and only a few people would be allowed to own them and the idea of the internet allowing you to express your ideas would never be allowed.

[billy_56081]

No TM Goldman Sachs is not bigger than the Federal Government. The Federal government has assets worth much more than them. 

[Cabin4]

Its not relevant anyway how much GS has compared to the criminal federal enterprise.

[SHOOTALL]

SO ? where is it in our laws that says the govt. should have more debt ?

I don't know where you got that. I was just using Goldman Sachs as an example of a corporation with a bigger budget than the US national debt. Meaning, they sure as hell don't need tax breaks at the expense of US taxpayers! They should pony up more--- they certainly made more off the US.

You do understand that tax breaks are tools the govt. uses to insure a company expands creating more jobs and in reality more money comming in from taxes. One surely must be ignorant to believe that a cooporation no matter its size pays taxes THEY PASS THEM ON TO CONSUMERS . So in reality a tax break makes a company competitive in the world markets. Or if an American company can sell products in the USA maybe we won't send our wealth to China .