Procrustes Stretched
"intuition and imagination and intelligence"
Repeating Obama's Error On Economic Issues
Obama allowed the people who developed the arguments that drove the economy into a ditch to be put back in charge...supposedly to save the economy. They did this sort of...they did it while focusing on shielding themselves and their friends, all the while further enriching their friends in the process. Now the GOP wants to allow those same arguments to be used, again, to supposedly drive us out of the ditch?
The economists gave the GOP supply side arguments that said cutting taxes for the wealthy creates jobs. So Bush signed a bill of tax cuts for the wealthy (unfunded...not your usual tax cuts) argued for by these very same economists that comparatively created very few jobs during his terms. Now the GOP is arguing we need to keep these cuts that created very few jobs during Bush's terms, because they will create jobs?
* The Bush tax cuts have contributed to revenues dropping in 2004 to the lowest level as a share of the economy since 1950, and have been a major contributor to the dramatic shift from large projected budget surpluses to projected deficits as far as the eye can see.
* The tax cuts have conferred the most benefits, by far, on the highest-income households...In part because the tax cuts were not as effective as alternative measures would have been, job creation during this recovery has been notably worse than in any other recovery since the end of World War II.
Tax Returns: A Comprehensive Assessment of the Bush Administration's Record on Cutting Taxes — Center on Budget and Policy Priorities
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There’s no way that “Inside Job” can be described as an enjoyable night at the movies … not unless unbridled greed, rampant arrogance and eager malfeasance leading to the collapse of the republic is your idea of a good time.
Read more: ‘Inside Job’: Take it to the bank | 3 stars - KansasCity.com
http://www.usmessageboard.com/revie...vie-devastating-indictment-on-our-system.html
Obama allowed the people who developed the arguments that drove the economy into a ditch to be put back in charge...supposedly to save the economy. They did this sort of...they did it while focusing on shielding themselves and their friends, all the while further enriching their friends in the process. Now the GOP wants to allow those same arguments to be used, again, to supposedly drive us out of the ditch?
The economists gave the GOP supply side arguments that said cutting taxes for the wealthy creates jobs. So Bush signed a bill of tax cuts for the wealthy (unfunded...not your usual tax cuts) argued for by these very same economists that comparatively created very few jobs during his terms. Now the GOP is arguing we need to keep these cuts that created very few jobs during Bush's terms, because they will create jobs?
* The Bush tax cuts have contributed to revenues dropping in 2004 to the lowest level as a share of the economy since 1950, and have been a major contributor to the dramatic shift from large projected budget surpluses to projected deficits as far as the eye can see.
* The tax cuts have conferred the most benefits, by far, on the highest-income households...In part because the tax cuts were not as effective as alternative measures would have been, job creation during this recovery has been notably worse than in any other recovery since the end of World War II.
Tax Returns: A Comprehensive Assessment of the Bush Administration's Record on Cutting Taxes — Center on Budget and Policy Priorities
---
There’s no way that “Inside Job” can be described as an enjoyable night at the movies … not unless unbridled greed, rampant arrogance and eager malfeasance leading to the collapse of the republic is your idea of a good time.
Read more: ‘Inside Job’: Take it to the bank | 3 stars - KansasCity.com
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http://www.usmessageboard.com/revie...vie-devastating-indictment-on-our-system.html
Inside Job - The Movie: Devastating Indictment on our system.
See this movie and then tell me how any of us could support what is happening.
From Reagan and the Savings and Loans scandal that shook the financial system to the current mess, the key players are shown for what they are --- greedy pricks.
It also makes Obama look like the sell out he is. I used to think putting the foxes in charge of the chicken coop was our only choice of saving the system. I was wrong. I thought the foxes were well intentioned. I thought they really wanted to do good. It is not in their natures. Greed is in there blood.
Columbia Business School Dean Glenn Hubbard along with a few Harvard boys will make your blood boil with rage.
Somebody on here said economists played no role in the financial meltdown. How fucking stupid.
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Glenn Hubbard (economist) - Wikipedia, the free encyclopedia
During the film, the interviewer attempts to get Hubbard to discuss his outside business relationships. Hubbard's response is to angrily retort, "I don't believe I have to discuss that with you...this is not a deposition, sir...this interview is over in three minutes...give it your BEST SHOT."
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