Arrest Warrant Issued for Amy Goodman in North Dakota After Covering Pipeline Protest

"Unions are essential to capital expansion."

Really?

Is that why union membership is at an all time low?

"Union Membership Hits All-Time Low in US, Report Says"

Breaking News at Newsmax.com Union Membership Hits All-Time Low in US, Report Says
And the Cost-Of-Living progress of American wages brought about by unions has proportionately diminished.

The present stagnation of American wages and the diminution of unions was initiated by Ronald Reagan, the hero of the politically ignorant right wing. He commenced it with an Executive Order which effectively dissolved the Air Traffic Controllers' union -- one of the most egregious act of political treachery in the history of labor relations. The subsequent progression of Right-to-Work" states, another example of deplorable ignorance on the part of contemporary generations of working-class America, is putting the finishing touch on the Union Movement.

Right-wing propagandists, water-carriers of the monied elite, are responsible for the regression.


"The present stagnation of American wages and the diminution of unions was initiated by Ronald Reagan,..."

Gads, Mikey...you believe every talking point of the Left, huh?


Check this out:

  1. Under Reagan, the debt went up $1.7 trillion, from $900 billion to $2.6 trillion.
  2. But….the national wealth went up $ 17 trillion
  3. Reagan's near-trillion-dollar bulge in defense spending transformed the global balance of power in favor of capitalism. Spurring a stock-market, energy, venture-capital, real-estate and employment boom, the Reagan tax-rate cuts and other pro-enterprise policies added some $17 trillion to America's private-sector assets, dwarfing the trillion-dollar rise in public-sector deficits and creating 45 million net new jobs at rising wages and salaries. http://online.wsj.com/article/SB10000872396390444914904577621083163383966.html
http://en.wikipedia.org/wiki/Reaganomics#Fiscal_consequences



And the tax cuts of the Economic Recovery Act of 1981 stimulated economic growth. “As a 1982 JEC study pointed out,[1] similar across-the-board tax cuts had been implemented in the 1920s as the Mellon tax cuts, and in the 1960s as the Kennedy tax cuts. In both cases the reduction of high marginal tax rates actually increased tax payments by "the rich," also increasing their share of total individual income taxes paid.” http://www.house.gov/jec/fiscal/tx-grwth/reagtxct/reagtxct.htm

“As inflation came down and as more and more of the tax cuts from the 1981 Act went into effect, the economic began a strong and sustained pattern of growth.” http://www.ustreas.gov/education/fact-sheets/taxes/ustax.shtml

  1. The benefits from Reaganomics:
    1. The economy grew at a 3.4% average rate…compared with 2.9% for the previous eight years, and 2.7% for the next eight.(Table B-4)
    2. Inflation rate dropped from 12.5% to 4.4%. (Table B-63)
    3. Unemployment fell to 5.5% from 7.1% (Table B-35)
    4. Prime interest rate fell by one-third.(Table B-73)
    5. The S & P 500 jumped 124% (Table B-95) http://www.gpoaccess.gov/eop/tables10.html
    6. Charitable contributions rose 57% faster than inflation. Dinesh D’Souza, “Ronald Reagan: How an Ordinary May Became an Extraordinary Leader,” p. 116
b. and c. http://www.kiva.org/team/real_americans



Obama and the Obamunits WISH they could point to those numbers.



And this:

Obama is the first President never to have had a year of 3% or better economic growth: "... annual growth during Obama’s “recovery” has never topped 3%. By comparison, it never fell below 3% during the Reagan recovery. And in the nine years following the 1990-91 recession, GDP grew faster than 3% in all but two. Heck, even Jimmy Carter had some strong growth years." President Obama's Growth Gap Hits $1.31 Trillion

a. "The years since 2007 have been a macroeconomic disaster for the United States of a magnitude unprecedented since the Great Depression." Obama: Always Wrong, Never In Doubt

b. ".... first president since Hoover to never have a single year above 3% GDP growth." Obama economy is 'amazing,' says hedge fund billionaire



See if you can find a single error in any of the above.
Looks good. Reagan set the stage for a bubble that grew and popped in the Clinton years. They tried to rebubble the economy but it popped again in 2008.

There has been nothing done since to actually improve the economy.

.



Soooo.....you agree with everything in the post?

Excellent.



"There has been nothing done since to actually improve the economy."

In fact, 65 million dunces voted to destroy the economy, i.e., voted for Obama.
 
if they are committing a crime when they do so, clearly the answer is yes.

now go fuck yourself for trying to put me on the spot
 
In fact, 65 million dunces voted to destroy the economy, i.e., voted for Obama.
The Economy was in surplus when George W. Bush was elected. When Bush left Office the Economy was about to collapse because of the enormous deficit Bush created.

I believe that instead of giving into the demands of the bankers Obama should have taken the banks over, fired the bankers and initiated massive investigations. He didn't do that, but neither did the Economy collapse -- as it surely would have if Bush had remained in Office.

Although Obama didn't do the best things with the Economy he certainly is not responsible for the deficit. There is no question that Bush is. Bush started wrecking the Economy the day he was inaugurated. He swung open the doors and enabled gross, arbitrary looting, which included widespread distribution of palates of cellophane-packaged hundred dollar bills -- unaccounted for and delivered by U.S. Air Force cargo planes. Here is just one example of that brazen theft: http://www.nytimes.com/2014/10/12/w...-iraqi-cash-ended-in-lebanon-bunker.html?_r=0

So, while Obama was by no means a good President he certainly was a vast improvement over Bush.
 
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In fact, 65 million dunces voted to destroy the economy, i.e., voted for Obama.
The Economy was in surplus when George W. Bush was elected. When Bush left Office the Economy was about to collapse because of the enormous deficit Bush created.

I believe that instead of giving into the demands of the bankers Obama should have taken the banks over, fired the bankers and initiated massive investigations. He didn't do that, but neither did the Economy collapse -- as it surely would have if Bush had remained in Office.

Although Obama didn't do the best things with the Economy he certainly is not responsible for the deficit. There is no question that Bush is. Bush started wrecking the Economy the day he was inaugurated. He swung open the doors and enabled gross, arbitrary looting, which included widespread distribution of palates of cellophane-packaged hundred dollar bills -- unaccounted for and delivered by U.S. Air Force cargo planes. Here is just one example of that brazen theft: http://www.nytimes.com/2014/10/12/w...-iraqi-cash-ended-in-lebanon-bunker.html?_r=0

So, while Obama was by no means a good President he certainly was a vast improvement over Bush.



Lay the blame where it truly belongs.

The man who invaded the private housing market....with no authority to do so in the Constitution, created Fannie May....
...and his policies led to the mortgage meltdown, was Franklin Roosevelt.

Democrat policies were the distal, and proximal cause of the crash.




Take notes:

1. Democrat FDR shredded the Constitution....ignoring article I, section 8, the enumerated powers.

He created GSE's Fannie, and his drones followed with Freddie, to do something the Constitution didn't authorize: meddle in housing.


2. Democrat Carter....the CRA, constraining banking policy


3. Democrat Clinton....strengthened the CRA

Under Clinton, HUD threatened banks, again, to give unrequited loans.

Henchmen: Democrats Cisneros and Cuomo.


4. Democrats Frank and Dodd barred any governmental discipline in this area.



That's the CliffNotes version.
 
In fact, 65 million dunces voted to destroy the economy, i.e., voted for Obama.
The Economy was in surplus when George W. Bush was elected. When Bush left Office the Economy was about to collapse because of the enormous deficit Bush created.

I believe that instead of giving into the demands of the bankers Obama should have taken the banks over, fired the bankers and initiated massive investigations. He didn't do that, but neither did the Economy collapse -- as it surely would have if Bush had remained in Office.

Although Obama didn't do the best things with the Economy he certainly is not responsible for the deficit. There is no question that Bush is. Bush started wrecking the Economy the day he was inaugurated. He swung open the doors and enabled gross, arbitrary looting, which included widespread distribution of palates of cellophane-packaged hundred dollar bills -- unaccounted for and delivered by U.S. Air Force cargo planes. Here is just one example of that brazen theft: http://www.nytimes.com/2014/10/12/w...-iraqi-cash-ended-in-lebanon-bunker.html?_r=0

So, while Obama was by no means a good President he certainly was a vast improvement over Bush.


Oh.....and the 'Economic Einstein Obama'???

"$20 trillion man: National debt nearly doubles during Obama presidency" Obama presidency to end with $20 trillion national debt
 
Oh.....and the 'Economic Einstein Obama'???

"$20 trillion man: National debt nearly doubles during Obama presidency" Obama presidency to end with $20 trillion national debt
I haven't suggested Obama has been a good President, or that he's repaired the damage Bush did to the Economy. But incompetence is vastly different from dishonesty and there is no cause to believe Obama has deliberately looted the Treasury or brazenly betrayed the public trust in the manner of the Bush Administration.

Bill Clinton left the Economy with a surplus. Bush left Office with a $12 trillion deficit. Obama has been unable to reverse the damaging process put in place by Bush. The only way that process can be reversed is by re-implementing the progressive 97% tax rate on the rich and super-rich, which is the way FDR did it. There is no other way. Trump will not do that, nor would Hillary, so we are in for at least a punishing recession -- or another Great Depression.
 
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Oh.....and the 'Economic Einstein Obama'???

"$20 trillion man: National debt nearly doubles during Obama presidency" Obama presidency to end with $20 trillion national debt
I haven't suggested Obama has been a good President, or that he's repaired the damage Bush did to the Economy. But incompetence is vastly different from dishonesty and there is no cause to believe Obama has deliberately looted the Treasury or brazenly betrayed the public trust in the manner of the Bush Administration.

Bill Clinton left the Economy with a surplus. Bush left Office with a $12 trillion deficit. Obama has been unable to reverse the damaging process put in place by Bush. The only way that process can be reversed is by re-implementing the progressive 97% tax rate on the rich and super-rich, which is the way FDR did it. There is no other way. Trump will not do that, nor would Hillary, so we are in for at least a punishing recession -- or another Great Depression.


"I haven't suggested Obama has been a good President, or that he's repaired the damage Bush did to the Economy."

You should read more carefully, Mikey.

The damage was done by FDR, and Democrat policy....invasion of the private home market.

This:

1. Democrat FDR shredded the Constitution....ignoring article I, section 8, the enumerated powers.

He created GSE's Fannie, and his drones followed with Freddie, to do something the Constitution didn't authorize: meddle in housing.


2. Democrat Carter....the CRA, constraining banking policy


3. Democrat Clinton....strengthened the CRA

Under Clinton, HUD threatened banks, again, to give unrequited loans.

Henchmen: Democrats Cisneros and Cuomo.

4. Democrats Frank and Dodd barred any governmental discipline in this area.
That's the CliffNotes version.


Can you find any errors in the above?
Of course not.
Would there have been a mortagage melddown without Liberal government interference in said market.
Again...of course not.


As for blaming Bush???

He warned of exactly what the problem was....17 times to be exact:
"Democrats Were Wrong on Fannie Mae and Freddie Mac
The White House called for tighter regulation 17 times.


Seventeen. That's how many times, according to this White House statement (hat tip Gateway Pundit), that the Bush administration has called for tighter regulation of the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac.

Much if not all of that could have been prevented by a bill cosponsored by John McCain and supported by all the Republicans and opposed by all the Democrats in the Senate Banking Committee in 2005. That bill, which the Democrats stopped from passing, would have prohibited the GSEs from speculating on the mortgage-based securities they packaged. The GSEs' mission allegedly justifying their quasi-governmental status was to package or securitize such mortgages, but the lion's share of their profits—which determined top executives' bonuses—came from speculation."
Democrats Were Wrong on Fannie Mae and Freddie Mac



"Yet Barney Frank and his chums blocked all Bush's attempts to put a rein on Raines. During the House Financial Services Committee hearing following Bush's initiative, Frank declared: "The more people exaggerate a threat of safety and soundness [at Freddie Mac and Fannie Mae], the more people conjure up the possibility of serious financial losses to the Treasury which I do not see. I think we see entities that are fundamentally sound financially." His colleague on the committee, the California Democrat Maxine Walters, said: "There were nearly a dozen hearings where we were trying to fix something that wasn't broke. Mr Chairman, we do not have a crisis at Freddie Mac and particularly at Fannie Mae under the outstanding leadership of Mr Franklin Raines."
Bubble Meter: Barney Frank and Christopher Dodd deserve blame for Fannie and Freddie



Try to educate yourself.
 
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Oh.....and the 'Economic Einstein Obama'???

"$20 trillion man: National debt nearly doubles during Obama presidency" Obama presidency to end with $20 trillion national debt
I haven't suggested Obama has been a good President, or that he's repaired the damage Bush did to the Economy. But incompetence is vastly different from dishonesty and there is no cause to believe Obama has deliberately looted the Treasury or brazenly betrayed the public trust in the manner of the Bush Administration.

Bill Clinton left the Economy with a surplus. Bush left Office with a $12 trillion deficit. Obama has been unable to reverse the damaging process put in place by Bush. The only way that process can be reversed is by re-implementing the progressive 97% tax rate on the rich and super-rich, which is the way FDR did it. There is no other way. Trump will not do that, nor would Hillary, so we are in for at least a punishing recession -- or another Great Depression.

"Bill Clinton left the Economy with a surplus."

He did no such thing.

Once again...let me provide you with the fact....facts you can check for yourself.


1. Would you like to see the actual national debt figures?

1993

4,351,044

1994

4,643,307

1995

4,920,586

1996

5,181,465

1997

5,369,206

1998

5,478,189

1999

5,605,523

2000

5,628,700
http://www.whitehouse.gov/omb/budget/Historicals/ (table 7.1)

The table 7.1 will also show that he inherited a $4 trillion debt.
Government - Historical Debt Outstanding - Annual 1950 - 1999

That means the debt increased 41% under Clinton.
And no wars or military build up to blame it on!






Here's a simple analogy that explains the bogus "Clinton Surplus"

1. You go to the bank and borrow $5,000 to take a trip to the Bahamas

2. You cancel the daily newspaper while you're away

3.When you return, you look at the household budget, and note that you saved $10 by not getting the paper delivered....never considering the Bahamas loan you're going to have to pay back $5,000 for the trip....

...you begin hooping and hollering 'I have a surplus! Yippee!'

4. You function this way because you're an idiot.


See the light, Mikey?

The Left lies to you, and they control the media.....
I post accurate, truthful, correct posts that I can document.


Think that over.
 

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