2nd Worse Eonomical Disaster In The Nation's History

Discussion in 'Politics' started by Cammmpbell, Apr 13, 2012.

  1. Cammmpbell
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    Cammmpbell Senior Member

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    I was there. The crash in the late 20's, early 30's was during a Republican administration.

    Just coincidence I'm sure but the one now is totally the fault of two terms back to back of a bunch of assholes who put tax cuts for the wealthy above the welfare of average America. This country will go down the tubes if we elect another president who is hell bent on accomodating the wealthy, corporations and the military-industrial complex. Anybody who actually works for a living who votes Republican deserves exactly what they get.

    There hasn't been a new idea or a benefit for the working man under a Republican president since the Interstate Hiway system which was proposed during the Eisenhower administration. He just had to see his vision of a system like the one he had witnessed while he was in Europe during the second world war. We're still behind about 30 other countries when working class is the deciding factor and there are so many dumbasses who vote their early years, family and religious belief against reality that we could come up worse off if the Republicans get back into the white house and work their magic.....tax cuts for the wealthy and corporations.
     
    Last edited: Apr 13, 2012
  2. imbalance
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    imbalance Silver Member

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    Tax cuts are never bad for citizens. What is bad for citizens and their economy is excess private debt and lack of private savings. What happened early on in this new millennium is that so many Americans drained their savings to invest in what is now debt.
     
  3. starcraftzzz
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    starcraftzzz Senior Member

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    Yep we can thank conservatives and their deregulation for the 2nd worse economic disaster ever
     
  4. Cammmpbell
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    Cammmpbell Senior Member

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    Major bullschit!!! Tax cuts of any kind go to the people who pay the most taxes...the wealthy. After the second world war anybody who earned more than $300,000 paid 91% of the excess to the federal government. Now...the wealthy don't even take part in the wars of choice started by the Right...they don't even want to pay a reasonable tax rate.

    Taxes are less right now than at any time during the last 30 years and all you can hear from the Right is tax cuts to create jobs. HORSE SHIT...it didn't work. Anybody who believes that tax cuts for the wealthy creates jobs for the poor has their heads up their collective asses so far they will never see daylight again.
     
  5. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Now you were in the midst of the Great Depression?

    Really?

    [​IMG]
     
  6. CrusaderFrank
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    CrusaderFrank Diamond Member

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    The Fed caused the collapse in '29 by draining 1/3 of the money supply. You could try to throw in a fact or two every now and then, it won't hurt you
     
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  7. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Oh, and can you fuckers ever make up your mind about what was "the worst economy since the FDR (Great) Depression"? I hear it every 4 years or so and they can't all be true
     
  8. Oldstyle
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    Oldstyle Gold Member

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    Our problems revolve around spending that is so out of control that it's about to drive us into insolvency yet people like you blindly insist that if we could just tax the wealthy "a little more" then everything will be fine.
     
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  9. healthmyths
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    healthmyths Gold Member Supporting Member

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    HOW many f...ing times DO idiots LIKE YOU have to be REMINDED!!!

    1) $5 trillion in losses FROM the Clinton DoT. com BUST means $166 billion a year for the next 25+ years in tax revenue losses!
    2) $2 trillion in losses from the 9/11 REMEMBER THAT you dumb f...k!
    Another $66 billion a year in TAX loss write offs against tax income!!
    3) $1 trillion in losses due to WOrST hurricanes in HIstory.. Another $33 billion

    NEARLY $ 300 billion a year in LOST tax revenue

    AND you fu...king IDIOT don't think kTHAT has ANYTHING to do with economics?

    AND by the way NONE of that was a party or a President's FAULT!!!!
     
  10. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Dems 2008: ''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,''
     

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