Dick Morris article

Discussion in 'Politics' started by NO!bama08, Jun 12, 2009.

  1. NO!bama08
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    NO!bama08 Active Member

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    TheHill.com

    Great article. Here's a quote....

    "As it becomes clearer that the deficit caused by spending has landed us in a new economic crisis, entirely of Obama’s own making, his popularity and job performance are likely to drop as well.

    The old recession — that the public says was caused by Bush — shows signs of winding down. But the new recession and/or inflation — triggered by Obama’s massive deficits — is just now coming upon us.

    If Obama refuses to cut back on his spending/stimulus plans (despite convincing evidence that Americans are not spending the money), he has three options:

    a) He can raise taxes, which will trigger a deeper recession;

    b) He can print money, which will trigger huge inflation;

    c) He can pay more interest to borrow money, which will send the economy diving down again.

    The blame for these outcomes will fall squarely on Obama’s deficit and spending policies. The fact that Americans are aware of these issues, and already disapprove of Obama’s performance on them, indicates that they will be increasingly receptive to blaming him for the “new” recession."
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    Obviously what we needed was a true conservative president, but you liberals denied us that, now we all pay. Forget the parties, it's Conservative vs. Liberal. It's the last 5 liberal administrations that got us in this mess. How is the 6th in a row (pure socialist) going to
    help the situation? He's a lame duck by mid-terms.
     
  2. Sinatra
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    Sinatra Senior Member

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    Morris is correct.

    The Obama White House is running a bit scared these days...
     
  3. Annie
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    Annie Diamond Member

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    which the left recognizes and is responding to much better than the right ever would have. More effective, more diversions, more hard hitting-period.
     
  4. AllieBaba
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    AllieBaba BANNED

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    Well, how you quantify that I don't know..but if it makes you feel better it's a-ok by me.
     
  5. STAND4LIBERTY
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    STAND4LIBERTY Independent Libertarian

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    Personally I would hope that instead of blaming President Obama that Americans wake up and start blaming the real culprit, namely, the silly collectivists notions that are the root cause of our current economic woes and that threaten to destroy the dollar, our economy and the prosperity of future generations. That way, Hopefully they won't just go back to the ballot box and elect a different set of idiots with different letters after there names that spout the same poisonous ideas.

    Honestly what good would it do if we just elect a bunch of Republican Barney Franks, Harry Reids, Nancy Pelosis and Barak Obama's all that would be is exchanging one gang of tyrants for another gang of tyrants.
     
  6. Xenophon
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    Xenophon Gone and forgotten

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    Anyone with sense knows when you are in a recession, tighen your belt, not spend more.

    We all know what BO did, and he will end up paying for it politically as we end up paying for it economically.
     
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  7. Chris
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    Chris Gold Member

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    Anyone with any sense knows that when you are in a deflationary spiral, you have to spend money to create demand and keep people working.
     
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  8. STAND4LIBERTY
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    STAND4LIBERTY Independent Libertarian

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    LOL, maybe you should ask Henry Morgenthau how well that philosphy works.... :lol:
     
  9. Xenophon
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    Xenophon Gone and forgotten

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    Nobody knows that, because it isn't true and only a fool or an idiot would suggest it.
     
  10. amrchaos
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    amrchaos Pentheus torn apart

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    I am still trying to figure out how Bush was a liberal when conservatives refused to let the liberals impeach him.

    Wait--it is because BUSH was an Ultra-conservative!!

    Solution from the supposedly three bad decisions, Print more money and risk inflation. Later, after recovery is fully set in(the markets are back, have you seen our march up), raise taxes and cut spending in order to pay off the debt--which is the real problem that will make inflation a monster...
     

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