You obviously have never studied economics and inflating a depressed economy requires plugging the holes where the money leaks to get a quick recovery. We've never had times with such massive trade imbalances before, so when consumption increases, it isn't our people getting the jobs. To recover quickly, you have to get that positive feedback. You claim a crashed economy recovers quicker and that's bullshit comparing what happened to recessions. We didn't get out of the Great Depression until WWII stimulated the economy. You Republicans didn't create a downturn in the business cycle, you created a full blown financial crisis larger than the financial crisis during the Great Depression. Republicans have proven themselves very good at destroying economies, so remember to tell them that the next time someone calls the Republicans good for nothing.
The rest of what you post is babble. Bengazi involved a safe house and not an embassy, you don't know any of the details about Fast and Furious, so why wouldn't an intelligent human being put a tracking device in the ammo of a .50 cal. rifle or hide it in the weapon? Solyndra was a victim of the collapse in the price of silicon and competition from cadmium telluride PVs. They still have the patents on their thin film process and since cadmium telluride has a limited supply, the thin film silicon will eventually be the best choice in the future. As far as economics is concerned, the Republicans have never wanted an economic recovery and have worked their asses off to keep one from happening. The elite who the Republican Party serves can invest accumulated wealth in amounts that dwarf annual income, so they make more money during bad times in the short run.
As far as talking point goes, I've researched all these things with the best primary source information available. I don't know what the Democrat or liberal talking points are or if they even exist, because I don't visit sites with the potential of bias. You aren't going to find what I know on a blog or some type of online media. I don't use talking points like you obviously do. Your shit is right out of right-wing think tanks and they are pulling your strings without your mind connected. Being brainwashed to believe what they tell you to believe isn't thinking.
Actually I did study economics while in college. I even had the great pleasure of taking an economics class taught by Thomas Sowell at Amherst College. Where did you get YOUR economics background?
Inflating a depressed economy? What exactly does that mean? Let me guess...you're one of those Rshermr types that thinks coming here and talking a bunch of gibberish and pretending you're an authority on economics is going to fly? Good luck...
So did you want to take a crack at explaining why the progressive policies of FDR DIDN'T lead the US out of the Great Depression? And if those policies didn't work then...why would you think they will work now?
The economy crashed primarily because of a housing bubble collapse. How you make THAT the fault of the Republicans I find rather hard to grasp. Wasn't George W. Bush one of the few people in Washington warning about just that before it happened? Wasn't it Barney Frank who pooh poohed that? Remind me who was a Republican and who was a Democrat?
So what if Benghazi involved a "safe house"? What was Ambassador Stevens doing there if it was obviously "unsafe" and why did the US government not respond when it saw that Americans were in mortal danger in Benghazi? Or do you actually BUY the story that we didn't have the capability to put military assets on site in less than seven hours? Are you REALLY that naive?
As for what "intelligent" people would have done in regards to Fast & Furious? I don't think you can assign much intelligence to whoever thought up the plan to flood another sovereign nation with high powered weapons...weapons that they KNEW were going to hyper violent drug cartels...and somehow thought that was a GOOD plan. Once again you have some delusional idea that there were "homing devices" secreted in the guns or ammo. Sorry but that wasn't done under the Fast & Furious program.
Solyndra was destined to be a financial failure before it even started. Their solar panels were so much more expensive than what was being made in China there was absolutely no way they were going to be financially viable. The red flags on that were raised during the Bush Administration...but since some of Solyndra's money people were Obama supporters their loan guarantee got fast tracked once Barry was elected. Hey, that the way things work in Washington but at least have the honesty to admit it and take the blame for wasting billions in tax payer money.
Quite frankly, Dubya...I don't need help from any "sites" to debate your outlandish posts. A little common sense does the trick just fine.
If you've studied economics, you should know what inflating a depressed economy means and that FDR was doing fine, until he tried to cut government spending too quickly in 1937 and caused a downturn in the economy. Just like in Europe, an austerity program before the economy heals is a great way to get it to return to recession. FDR needed to continue to get unemployment lower and increase revenue that way, before cutting government spending. A counter-cyclical approach is what is needed in government spending and it wouldn't hurt to also adjust taxes that way. Governments should cut spending during boom times, inch up taxes and pay off debt. That requires discipline, but it works. That allows the central banking system to keep interest rates low and not have to raise them to slow an economy down and those lower rates stimulate the economy. If the economy goes into a downturn or growth is too slow, the government can increase spending and lower taxes to stimulate the economy. The government changes can be adjusted slightly and doesn't send the shock to the economy that the interest rate increases of a central bank does. It allows an economy to be fine tuned and gives it sustainable growth, instead of ups and downs, booms and busts.
If you really wanted to get creative, you could grow an economy to full employment using guest workers to avoid a wage/price inflation spiral, though presently our markets are suffering by wages being too low. We need to reset wages and use a COLA system to adjust consumer spending in real dollars. Essentially with guest workers, we could have an economy larger than it's population would create, while reducing guest workers during a slowdown, which would always keep our citizens at full employment. "Gee, we had a recession and all those guest workers went home. How will we ever survive?"
The government should work out fair trade policies and emphasize making our own products whenever possible, unless a secure, balanced trade based on competitive advantage is worked out with a particular country. For example, consider the Colombians Free Trade Agreement as it was proposed. I read the agreement when it was proposed and characterize it as page after page of protections for the Colombian economy and no protections for ours. It was a one way street and free trade in name only, free to Colombia and slavery for America. Basically, it was designed to benefit banking at the expense of the American people. A Fair Trade Agreement with Colombia would look like this: Colombia wants to export various products to the United States including some manufactured goods like lingerie, but what American imports will Colombia take to balance the books? We can work out quotas with our lingerie manufacturers that can lower the price of their overall product and still protect American jobs. We allow our lingerie manufacturers to import Colombian lingerie to fill future increases in demand without destroying domestic production. That keeps the unit price of lingerie lower in the future and profitable to the manufacturers, but it doesn't allow them to get too greedy and cut the throat of the American people. The whole Fair Trade Agreement involves allowing Colombia to export their products to our markets, but sets quotas for American products to imported to their markets and keeps this trade in balance. Balanced trade benefits both nations and their economies while a Free Trade Agreement can be a one way street causing a bad economy for one of the nations which hurts that market in the future.
Public resources should be developed and sold at market prices. The Corporations developing the resources can make their profit, but the resources aren't given away for the price of a lease. A brief way to picture this is the Norway example to develop North Sea production. A state owned corporation oversees the development and sells the resources at market prices. The profit from publicly owned resources is returned to the public and not some fat cat corporation running the show by hiring the same corporations the state owned corporation would hire to develop the resources. Handing out leases only profits the rich. The rich don't own those resources and the public does. The profit should go to the public and not the rich. The rich need to make their money the old fashion way and earn it, instead of using their influence to steal it from the public.
It wouldn't hurt to add about 50 million more people to our population in the future. Besides solving the jobs problems created by outsourcing and allowing corporations to generate trade imbalances while giving them access to our markets, it is wise to increase domestic consumption by increasing our population. We presently have a surplus of homes and commercial property. We can rid ourselves of that surplus and get our construction industry moving again by increasing immigration. Illegal immigration reform would also reunite families and prevent money from exiting the country, but growing our population by increasing legal immigration, while encouraging talented people to immigrate to America would solve our governments fiscal problems as well. The smart way to get back to surpluses and pay off government debt is to grow your way out of the problem. The stupid way is to cut government spending during slow economic times and convert America into a third world country.
This is totally a Republican propaganda, bullshit lie that anyone who has studied economics would see through. The net general effect of any bubble is zero sum. The loses when inflated prices return to market value are offset by the gains during the creation of the bubble. Bubbles just make winners and losers and concentrating on the losers is only looking at half the balance sheet. The economy crashed because there was a financial crisis and there was a financial crisis because Republicans changed regulations to prevent a financial crisis that were created during the Great Depression. GLBA and CFMA were Republican legislations that allowed the financial crisis to happen. Lax regulation during the Bush administration is evident when ABS bonds were allowed to be rated AAA securites and exchange as such. These securities were backed by credit default swaps allowed by the Republican changes. That meant a guarantee to back a bond was allowed to happen without assets to back the guarantee. It was the Investment Banks that created this financial crisis and all of our 5 Investment Banks were destroyed as such in the process, along with banks that used those toxic asset bonds.
The Republican propaganda about the crisis tries to focus on the GSEs and CRA. The fact that they were minor players shows this lie is only a cover up story to keep people from blaming the true causes of the financial collapse. For people who do not trust the right-wing think tank propaganda, an entirely different picture emerges of who is truly responsible and their intentions to make these changes in regulations was so obviously reckless that it's hard to believe the resulting financial crisis wasn't deliberately done. The emphasis at that time was on privatization, so the Investment Banks were making bonds that put the GSEs out of business. They took over the mortgage market and asset markets which involved much more than housing. Housing was a focus during the crisis, because things like adjustable rate mortgages was causing millions of Americans to lose their homes, further depressing the value of the bonds that backed the real estate value. The same thing was happening to commercial real estate. Even student loans came into play, because the law requires repayment. A depressed economy allow the whales to even gobble up some rather big fish who are rich, but not as rich as whales. When it's all said and done the super-rich come out much wealthier. The super-rich has so much wealth they aren't concerned about present day income and are in it for the long haul. The super-rich have so much wealth it's hard to invest without inventing scams to make hugh profits. That's who the Republican Party serves.
Consider the way the Republicans frame the concept of investment! They are always focused on what amounts to yearly net income and completely ignore the hugh amounts of wealth accumulated in centuries of using a capitalist system. They want us to believe that investment is solely the product of what profit someone can presently make as if everyone in the world has been living hand in mouth throughout all those centuries. They want us to believe no one was ever smart enough to squirrel away a fortune in wealth that can be used for an investment in a good economy that offers a business opportunity. The Republicans are always begging for the rich to have more and wanting society to do things like give the rich all the crude and natural gas resources in ANWR so
we can produce
our own oil. What is this
we and
our bullshit? The Republican Party wants to con us into giving resources technically owned by every American and future Americans to a Big Oil Corporation that may not even be an American corporation, like BP and Shell, for the price of a lease. The Republican Party are not capitalists, they are corporatists and that's next to communists in my book. The rich do not need more welfare from society, which is the only thing the Republicans stand for.
Benghazi is Republican talking points about 4 American who were killed in an unstable country. Benghazi is being investigated, but if that is the standard, where was the concern for those almost 3,000 killed on 9/11, when Bush was warned of an al Qaeda attack and did nothing to prevent it? Why aren't the lives of 4,487 of our American military killed in Iraq a concern when it only costed about a 100 American lives to invade a country that didn't have WMD. Were was the outrage for the 1983 Beirut barracks bombing that killed 241 American servicemen? The two attacks during the 1998 United States embassy bombings killed approximately 223 people, so where is the outrage for that? To me, every one of those lives was important, even if they weren't Americans, and it shouldn't be up to me to value one of those lives more than the others. I don't have a problem with investigating any incident and try to discover if a way to prevent such needless slaughter can be avoided in the future, but I do have a problem when the focus is partisan politics that isn't intended to be productive. If the Republican Party has the desire to do something, start fixing the problems in this world and stop being the problem.
What have already discussed Fast and Furious. It's obviously another Republican talking point hack job involving bits of information in a classified investigation by law enforcement. You don't have the facts about what the operation involved and you wouldn't have the facts until those investigations concerning Mexican Drug Cartels are over and done with. There are other facts, like it's a lie that there was a plan to flood Mexico with high powered weapons and you should have the sense to know it's a lie. It's a Republican think tank game to claim allowing weapons to go to Mexico will cause gun control to happen in America and you can see where it coming from. It's Republican gun control policies that made America into an open market for guns and that's why the Mexican Drug Cartels were buying weapons in America. The ATF had and has very limited resources and it can't prevent guns going into Mexico with our present laws. When the ATF nabs some minnow buying the weapons and even tracks down little fish involved in the gun trafficking, even if they make an arrest, another operation takes it's place and it's business as usual. The ATF's evaluation was the weapons would get there regardless of their efforts, so they devised a plan to track down guns to the big fish involved in gun trafficking and the Mexican Drug Cartels behind the effort. These more sophisticated and creative types of law enforcement are nothing new when the efforts of law enforcement are thwarted by the sheer size of the criminal elements they oppose. It happens with the DEA and drugs on a regular basis. They discover shipments and decide to trace them, instead of making an immediate arrest. If there was a coverup, the Fast and Furious operation wouldn't even be known to exist.
It's a tragedy that a border guard lost his life with a weapon that was allowed to go through, but how do you know that weapon wasn't one amongst an arsenal of weapons that current gun laws allow? The weapon the criminal used to kill the border guard could be one weapon amongst thousands available for him to kill that border guard. Why do people who claim it isn't weapon that kills, but the criminal, make an exception here? I seriously doubt the existence of that weapon determined that criminal being there to commit the crime.
I've outlined regulations that would prevent gun trafficking and I haven't seen one Republican right-winger support it. My regulations wouldn't require things like assault weapons bans, would remove guns from criminals and drastically reduce our homicide by gun rates. The problem with Republicans is they make these problems and never take responsibility for it.
Quote: Originally Posted by Oldstyle
Solyndra was destined to be a financial failure before it even started. Their solar panels were so much more expensive than what was being made in China there was absolutely no way they were going to be financially viable. The red flags on that were raised during the Bush Administration...but since some of Solyndra's money people were Obama supporters their loan guarantee got fast tracked once Barry was elected. Hey, that the way things work in Washington but at least have the honesty to admit it and take the blame for wasting billions in tax payer money.
You are a typical Republican hack running their mouth in ignorance. Our government invested money in alternative energy that you Republicans don't support. You ignore the fact that utilities are presently building hugh amounts of electricity generation in our southwest. You ignore the fact that our investment in alternative energy has paid off or utilities wouldn't be interested. You want to nitpick a new segment of our economy to support the Koch Bro. dinosaur technology. So what if one company had problems with a collapse of the silicon market! The company still has it's patents and the panels they made weren't made in China. PV panels are not all the same and there is a future for thin film silicon panels and Solyndra has a future for it's patented process to make them. You also ignore the fact that investments in alternative energy aren't anything new and wind power was increased more with Bush than under Obama.
The reality is, the access to future export markets is being determined by naiton's energy policies of today. In the future, a nation's products will not be acceptable in foreign nations, if they are made with a large carbon footprint. Those markets will require a carbon tax tariff to be placed on those foreign goods and if that carbon tax is high, it will price them out of that market. Of course, Republicans can't get a grasp on reality, because it's a total myth that they are good at doing business. They lack vision and people who became rich by having vision don't support them.
Quote: Originally Posted by Oldstyle
Quite frankly, Dubya...I don't need help from any "sites" to debate your outlandish posts. A little common sense does the trick just fine.
Common sense requires more than claiming you possess it. A person using their common sense doesn't support policies that are the root of the problem and then play a ******* blame game to try to put the responsiblity on someone else. Go ahead and keep on supporting the stupid policies that the Republican Party supports, because my common sense tells me it will put your Republican Party in the grave next to the Whigs, where they belong!