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Thread: GOP had secret meeting on innauguration night to figure out how to grind country to a halt

  1. #46
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    Re: GOP had secret meeting on innauguration night to figure out how to grind country to a

    Quote Originally Posted by Disillusioned_1 View Post
    You're right, and if I interpret what you're saying correctly, you sound like a republican who is jealous that your party didn't have the balls to spend that much. After all, I don't see any condemnation from you about the republican irresponsible spending that occurred for the 8 years under bush, and 8 years under Reagan. I'll even neglect Bush Sr., since he at least tried to raise taxes to fund his war.



    Now your reply has some merit on the surface, but generally Dems at least give lip-service to raising taxes in order to pay for spending. The Republicans have this mantra that cutting taxes will offset increased spending, which is flat-out bat-shit crazy. Republicans claim it worked under Reagan when tax rates were cut from 70% to 50%. Even if they're right, cutting them from 35% to 33% isn't going to offset trillions of extra debt. Furthermore, look at what the debt did under Reagan. Reagan TRIPLED the debt during his 8 years. Our debt would have to be 30 Trillion in 2016 for Obama to be as bad as that. The only thing republicans are doing now, by claiming spending has to be paid for, is stalling the Dems from doing exactly what the Republicans do when they are in the driver's seat. Its disingenuous for the republicans to claim after the last 30 years of bad examples that they are 'fiscally responsible'.

    Don't confuse my criticism of the GOP with support for the Dems. But at least the dems do occasionally talk about raising taxes in order to pay for increased spending. Ultimately the GOP blocks any new taxes, but allow the spending to pass anyway ... so which party is actually causing us to go into debt worse? Hint: The answer rhymes with "loath"
    Doubling 100 dollars in debt is much worse than tripling 9 dollars in debt. Now change it to 900 billion and 10,000 billion respectively. Under Reagen the debt went from 900bn to 2.6 trillion. Under Obama, in half the time, the debt will have gone from 10 trillion to 18.5 trillion. Both are bad, but since you care about moral relativity, Obama is MUCH worse.

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    Re: GOP had secret meeting on innauguration night to figure out how to grind country to a

    Quote Originally Posted by eohrnberger View Post
    So if you live in fiscal reality, where you can't and shouldn't be spending more than you take in, that would mean the Democrats are in fact spending the country into a fiscal crisis faster than the Republicans, and that, in turn, would make Democratic leadership of the country worse for the country.
    I'm glad that you agree.
    I love how Republicans accuse Obama of racking up debt as if it would have been different had McCain won. You all seem to have collective amnesia about where the $1T hole in the budget came from. 2 Wars, tax cuts and a recession blew the budget for a decade. Obama correctly didn't decide to cut $1T per year just to balance a budget when austerity would have probably taken down the entire US economy. No, he did the correct thing to ensure continuation of life in the country. Instead of critisizing him for it, how about ensuring that the causes of the problems don't happen again (like more tax cuts and more deregulation)?

    Quote Originally Posted by adaher View Post
    One of the most obvious signs of childishness on the part of liberals is the shock that Republicans are actually trying to beat Barack Obama!

    And the GOP doesn't obstruct where there is common ground. They passed the trade deals the President wanted. They've offered up alternatives for every single major bill the Democrats have wanted to pass.
    The entire ACA was bascally a Republican conceived idea. The individual mandate, the health insurance exchange, from Nixon to Newt to Mitt to McCain, all these guys could have (and did) propose similar plans and if a GOP POTUS proposed it instead of Obama in 2009 the GOP would have been fully behind it. They obstructed just because it was Obama. All the alternatives they've offered have been shit. They just offered an "alternative" to the student loan bill but decided to cut a health care program at the same time.

    Quote Originally Posted by adaher View Post
    he hasn't been interested in compromise.
    It is unbelievable that someone could accuse Obama of not being interest in compromise. He compromised so much so that his bills coudl have been written (and were) by Republicans. The ACA, Dodd Frank, the Budget Control act, the Bush tax cuts.. ALL giveways to the GOP.
    Last edited by Danny; 04-27-2012 at 11:19 AM.

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    Re: GOP had secret meeting on innauguration night to figure out how to grind country to a

    Quote Originally Posted by Danny View Post
    I love how Republicans accuse Obama of racking up debt as if it would have been different had McCain won. You all seem to have collective amnesia about where the $1T hole in the budget came from. 2 Wars, tax cuts and a recession blew the budget for a decade. Obama correctly didn't decide to cut $1T per year just to balance a budget when austerity would have probably taken down the entire US economy. No, he did the correct thing to ensure continuation of life in the country. Instead of critisizing him for it, how about ensuring that the causes of the problems don't happen again (like more tax cuts and more deregulation)?



    The entire ACA was bascally a Republican conceived idea. The individual mandate, the health insurance exchange, from Nixon to Newt to McCain, all these guys could have (and did) propose similar plans and if a GOP POTUS proposed it instead of Obama in 2009 the GOP would have been fully behind it. They obstructed just because it was Obama. All the alternatives they've offered have been shit. They just offered an "alternative" to the student loan bill but decided to cut a health care program at the same time.



    It is unbelievable that someone could accuse Obama of not being interest in compromise. He compromised so much so that his bills coudl have been written (and were) by Republicans. The ACA, Dodd Frank, the Budget Control act, the Bush tax cuts.. ALL giveways to the GOP.
    This my friends is a completely fact free post. Now Danny wants to (favorably) compare Obama's miserable record against what he thinks McCain would have done. Laughable...

    Then there is this continued myth of Obama compromising... no such thing has ever happened... First for the two years the Democrats controlled Congress, they never wanted one and frankly didn't need one. Second, it is well documented that Obama walked away from ever chance of compromise ever made. Books have been written by left-wing authors, I've posted excerpts here... Obama got House Republacans to agree to tax increases and they he killed the deal... much to the surprise of even his own staff.

    Danny if you really believe half the stuff you post... it's sad.
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    Re: GOP had secret meeting on innauguration night to figure out how to grind country to a

    Quote Originally Posted by Danny View Post
    I love how Republicans accuse Obama of racking up debt as if it would have been different had McCain won. You all seem to have collective amnesia about where the $1T hole in the budget came from. 2 Wars, tax cuts and a recession blew the budget for a decade. Obama correctly didn't decide to cut $1T per year just to balance a budget when austerity would have probably taken down the entire US economy. No, he did the correct thing to ensure continuation of life in the country. Instead of critisizing him for it, how about ensuring that the causes of the problems don't happen again (like more tax cuts and more deregulation)?



    The entire ACA was bascally a Republican conceived idea. The individual mandate, the health insurance exchange, from Nixon to Newt to Mitt to McCain, all these guys could have (and did) propose similar plans and if a GOP POTUS proposed it instead of Obama in 2009 the GOP would have been fully behind it. They obstructed just because it was Obama. All the alternatives they've offered have been shit. They just offered an "alternative" to the student loan bill but decided to cut a health care program at the same time.



    It is unbelievable that someone could accuse Obama of not being interest in compromise. He compromised so much so that his bills coudl have been written (and were) by Republicans. The ACA, Dodd Frank, the Budget Control act, the Bush tax cuts.. ALL giveways to the GOP.
    But McCain didnt win. Nor did republicans support Obamacare. So we have to deal with reality instead of fantasy. The rest of your post demolished your OP. Its obivous the Republicans ARENT grinding the country to a halt.
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    Re: GOP had secret meeting on innauguration night to figure out how to grind country to a

    Quote Originally Posted by jviehe View Post
    Doubling 100 dollars in debt is much worse than tripling 9 dollars in debt. Now change it to 900 billion and 10,000 billion respectively. Under Reagen the debt went from 900bn to 2.6 trillion. Under Obama, in half the time, the debt will have gone from 10 trillion to 18.5 trillion. Both are bad, but since you care about moral relativity, Obama is MUCH worse.
    It's all meaningless unless you examine which legislation wasn't paid for and added to the debt. Obama's legislation has made very little impact on the national debt. All the debt being racked up is from the failed policies from the last admin + the recession. These are things that cannot be corrected overnight or even over years unless you just cut 1/3 of the government and cause real hardship for millions of people. Why do this if you don't have to?

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    Re: GOP had secret meeting on innauguration night to figure out how to grind country to a

    Quote Originally Posted by tsquare View Post
    This my friends is a completely fact free post. Now Danny wants to (favorably) compare Obama's miserable record against what he thinks McCain would have done. Laughable...

    Then there is this continued myth of Obama compromising... no such thing has ever happened... First for the two years the Democrats controlled Congress, they never wanted one and frankly didn't need one. Second, it is well documented that Obama walked away from ever chance of compromise ever made. Books have been written by left-wing authors, I've posted excerpts here... Obama got House Republacans to agree to tax increases and they he killed the deal... much to the surprise of even his own staff.

    Danny if you really believe half the stuff you post... it's sad.
    This is a fact free post. I don't even think FOX news could claim that the GOP were going to agree to ANY tax cuts. Boehner maybe wanted to but had to walk away because the Tea Party was going to revolt and he would have had to step down. Honestly, you really expect me to believe that the GOP was going to agree and pass a bill with revenue increases during the debt debacle? What fantasy are you living in? Boehner walked away. Obama was going to gut all the social programs and infuriate his base and the GOP lost their chance.

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    Re: GOP had secret meeting on innauguration night to figure out how to grind country to a

    Quote Originally Posted by thanatos144 View Post
    Okay first off how secret could it have been if Danny knows about it? Second it isn't obstructing trying ti keep the president and democrats from destroying the country that's called doing their damn job. As for the both parties are the same bullshit that some like to preach.......Just stop. Cause anyone with half a brain knows the differences. You dont like spending on anything other than Pot or abortion? Then vote libertarian and leave republicans alone. At least then you would be honest.

    The liberal take over of the nation has to come to a end if we wish the USA to survive.
    The meeting was secret at the time. As for destroying the country..can you please tell me a policy that's been implemented that's destructive or that harms you or that wasn't paid for? I'm very curious. The ACA? Paid for and will save tens of thousands of lives. Wall St. Reform? Lilly Ledbetter Act? Please explain how these advances harm you. If you don't like debt, maybe attack the people who blew the budget with their legislation?

    Quote Originally Posted by Lost Time View Post
    None of this is really about Republicans vs Democrats but Conservatives vs Liberal. Take a look at the debate about College Loan Rates. The House is going to approve the current rate by cutting spending the liberals refuse to allow. Liberal alternative: Raise taxes. Liberals never understand that we have a SPENDING problem not a TAX revenue problem.
    Lowering the college loan rates doesn't cost the government money. The government isn't lending the money. The banks are lending the money. The government is only backing the loans. This was actually pointed out on FOX News of all places (don't ask me why I was watching it). So the GOP wants to try and cut more programs that help people just to stick it to the students and they are going to pay another political price for it.

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    Re: GOP had secret meeting on innauguration night to figure out how to grind country to a

    Quote Originally Posted by adaher View Post
    One of the most obvious signs of childishness on the part of liberals is the shock that Republicans are actually trying to beat Barack Obama!

    You are forgetting something. This meeting happened before Obama had even been POTUS for 24hrs. Nothing had been proposed. They decided to oppose him no matter what. Forget the country, forget the 800,000 jobs that were being lost per month, forget all your fellow Americans. Just effing beat Obama cause he's from the other party. That was their goal and none of those men are fit to hold public office.

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    Re: GOP had secret meeting on innauguration night to figure out how to grind country to a

    Quote Originally Posted by Danny View Post
    This is a fact free post. I don't even think FOX news could claim that the GOP were going to agree to ANY tax cuts. Boehner maybe wanted to but had to walk away because the Tea Party was going to revolt and he would have had to step down. Honestly, you really expect me to believe that the GOP was going to agree and pass a bill with revenue increases during the debt debacle? What fantasy are you living in? Boehner walked away. Obama was going to gut all the social programs and infuriate his base and the GOP lost their chance.

    (Almost) Everything You Know About Obama Is False

    What happened? Obama and his advisers have cast the collapse of the talks as a Republican failure. Boehner, unable to deliver, stepped away from the deal, simple as that.

    But interviews with most of the central players in those talks — some of whom were granted anonymity to speak about the secret negotiations — as well as a review of meeting notes, e-mails and the negotiating proposals that changed hands, offer a more complicated picture of the collapse. Obama, nervous about how to defend the emerging agreement to his own Democratic base, upped the ante in a way that made it more difficult for Boehner — already facing long odds — to sell it to his party. Eventually, the president tried to put the original framework back in play, but by then it was too late. The moment of making history had passed.
    Obama had the deal and fucked it up... as detailed in the Washington Post and posted here by me.

    Any (still) ignored by you...Pathetic Danny

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    Re: GOP had secret meeting on innauguration night to figure out how to grind country to a

    Danny,
    Everybody who lives by their portfolios hates Obama even though they're doing better than ever.
    As MHP's thread says, it's completely irrational for a fan of Wall Street to hate Obama.
    Oh, I forgot, Obama has some agenda to create an "uncertain" economy; unlike what GW did.
    You should always have an informed opinion, so after I inform you, please feel free to express my opinion...USCitizen

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    Re: GOP had secret meeting on innauguration night to figure out how to grind country to a

    Quote Originally Posted by Danny View Post
    It's all meaningless unless you examine which legislation wasn't paid for and added to the debt. Obama's legislation has made very little impact on the national debt. All the debt being racked up is from the failed policies from the last admin + the recession. These are things that cannot be corrected overnight or even over years unless you just cut 1/3 of the government and cause real hardship for millions of people. Why do this if you don't have to?
    Obamas name is on every single dollar in approprations thats been signed since he took office. Thats about 15 trillion in spending including 4 trillion in borrowing, double what Reagan approved in half the time. I dont see any vetoes. I dont see any budget proposals to stop borrowing. On the contrary every budget Obama submits has trillion dollar deficits throughout his term. This blame someone else doesnt work.

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    Re: GOP had secret meeting on innauguration night to figure out how to grind country to a

    Quote Originally Posted by USCitizen View Post
    Danny,
    Everybody who lives by their portfolios hates Obama even though they're doing better than ever.
    As MHP's thread says, it's completely irrational for a fan of Wall Street to hate Obama.
    Oh, I forgot, Obama has some agenda to create an "uncertain" economy; unlike what GW did.

    The earnings are up not because of companies growing but because of cuts, which Obama should take a lesson from.

    Now to spending, Obama has pumped into this economy over what he took in in revenue which will be 6 trillion by the end of his only term and what do we have to show for it. Think about it, 6 trillion additional money pumped into this economy and we still have unemployment over 8% and GDP growth at 2%. One could argue it would not have been 6 trillion if taxes were raised. However that is really not the point, unless you want to say if taxes were raised Obama would only have borrowed 5 trillion. The point is, with all that cash pumped into our economy we still have anemic growth and high unemployment. And are left with 6 trillion additional debt. Under Obama we've been going backwards.

    What this means is, Obama's economic policies are a complete failure.
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    Re: GOP had secret meeting on innauguration night to figure out how to grind country to a

    Quote Originally Posted by Danny View Post
    It's all meaningless unless you examine which legislation wasn't paid for and added to the debt. Obama's legislation has made very little impact on the national debt. All the debt being racked up is from the failed policies from the last admin + the recession. These are things that cannot be corrected overnight or even over years unless you just cut 1/3 of the government and cause real hardship for millions of people. Why do this if you don't have to?
    Actually, cutting the government by 1/3 sounds like a fine idea to me. Whether that would cause hardships to millions is debatable; where is your substantiation that this would be the case?

    I think that it would force government into making difficult budget choices that are long, long over due.
    If a man were behind four months on his mortgage and was talking to you about his plans to build an addition on his home you would think him daft and delusional. But in Washington, ignoring a current crisis to discuss grand dreams is called “boldness” and “vision.”

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    Re: GOP had secret meeting on innauguration night to figure out how to grind country to a

    Quote Originally Posted by Danny View Post
    You are forgetting something. This meeting happened before Obama had even been POTUS for 24hrs. Nothing had been proposed. They decided to oppose him no matter what. Forget the country, forget the 800,000 jobs that were being lost per month, forget all your fellow Americans. Just effing beat Obama cause he's from the other party. That was their goal and none of those men are fit to hold public office.
    Danny, you just don't get it. The differences were pointed out during their campaigns, that did not change after Obama got elected. The Dem's and Pub's were still at odds over the issues, and that proved out with the trillion dollar stimulus and the unconstitutional Obamacare, and other legislation the liberals wanted to ram down peoples throat. And now we are left with 6 trillion of additional national debt and Obamacare that 30 states are suing to kill because they like it so much.
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    Re: GOP had secret meeting on innauguration night to figure out how to grind country to a

    Quote Originally Posted by Danny View Post
    Lowering the college loan rates doesn't cost the government money. The government isn't lending the money. The banks are lending the money. The government is only backing the loans. This was actually pointed out on FOX News of all places (don't ask me why I was watching it). So the GOP wants to try and cut more programs that help people just to stick it to the students and they are going to pay another political price for it.
    A college loan is a non-collateralized loan.

    You're not putting up a car or a house or anything else as collateral.

    You simply give your word that you're going to repay the loan - it's not like the lender can sue you for your education if you default.

    Maybe you'll ruin your credit score by defaulting, but that doesn't do the lender any good and doesn't recoup one penny of your debt.

    With that in mind, go out and tell me what the going interest rate is on a non collateralized personal loan or line of credit.

    In fact let me do it for you (and you can go trouble shoot it if you want).

    It's between 9.5% and 21% (fixed).

    Given that the overwelming majority of undergraduate students have no credit history what end of the spectrum do you think their interest rate would fall at?

    Yeah. Me too.

    With that in mind, a 6.8% interest rate seems pretty damn generous and 3.4% almost seems silly.

    But we're not done yet.

    You know what the repayment period is for a personal loan?

    It maxes out at about 60 months (5 years).

    A Stafford Loan?

    On the "extended plan" it's 25 years.

    Charging less than 7% interest to lend someone nearly $60,000 for 25 years is unheard of in the real world (the max subsidized/unsubsidized Stafford Loan for an undergraduate is $57,500, you can tack on another $138,500 for grad school - so $196,000 total, still at 6.8%, still with a 25 year repayment window).

    And people are bitching that that's too high?

    It's almost undelievable how greedy and entitled Americans have become.

    And the funny thing is that the same people who are pissing and maoning about this small interest rate increase are the ones calling the bankers (who are making these outrageously generous loans) greedy.

    American banks have over $1 trillion tied up in these loans and near 40% of them go into default at some point during the repayment period.

    But "fuck the banks", right?

    They've got money, they should just give it to you!

    Not like they could do anything else with it and still make a wopping 3.4% interest.

    Oh, wait, yes they could. In fact they can do a million things with it and earn a better than 4% ROI.
    Last edited by soot; 04-27-2012 at 01:07 PM.
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