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  #61 (permalink)  
Old 2 Weeks Ago
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Re: Peter Schiff: "it's all fake, we are repeating the same mistakes"

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Originally Posted by EagleTed View Post
I don't have a problem with that logic. OTOH, as far as I can see, other than his non-partisan actual economist work, Krugman is always toting water for Socialism in his opinion pieces. Therefore, applying your standard, why should anyone trust anything he says?
I'm not familiar with Krugman, but it stands to reason that you should generally trust no one who is in the public eye, and always look to verify their claims. This is especially true of politicians, or anyone who shows even the slightest political leaning.
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  #62 (permalink)  
Old 2 Weeks Ago
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Re: Peter Schiff: "it's all fake, we are repeating the same mistakes"

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Originally Posted by Jefe View Post
I'm not familiar with Krugman, but it stands to reason that you should generally trust no one who is in the public eye, and always look to verify their claims. This is especially true of politicians, or anyone who shows even the slightest political leaning.
Well, basically, there's two schools of economics, the Keynesians and the Austrian School, with variations of the two (the third, the Marxists being pretty much discredited and left on the "ash heap of history"). Oddly, Krugman often talks like a Marxist.

Friedman's my man, as he evolved from a Keynesian to a Free Market Libertarian as obvious facts and life experience guided him. He didn't have a dog in social issues, strictly economic.
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  #63 (permalink)  
Old 2 Weeks Ago
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Re: Peter Schiff: "it's all fake, we are repeating the same mistakes"

Quote:
Originally Posted by Swoop187 View Post
This economy WILL NOT recover until republicans come in and put more money into the peoples pockets via tax cuts. The more money people have, the more they will spend, thats a fact.

Liberals hate the idea because this means NO MONEY for lazy fucks who don't work and it makes it even more difficult for liberals to spend money on social programs.

I see signs of recovery in late in 2011, early 2012.
*greets Swoop187 with a breakfeast croissant*

good morning Swoop187, ahoy!

if what ye predict be true, then signs be good that the democratic party shall retain power in the white house ,aye?

also, mr. obama be doin' all he can to cut taxes, though perhaps not at the rate that would bring mirth and glee to your eyes....but he be doin' his best, me friend.

Quote:
- Individuals will get a tax credit of $400, while couples will get $800. The tax credit payments, expected to start around June, will be spread out through the rest of 2009 in the form of reduced federal tax withholdings taken from workers’ paychecks. For 2009, the tax credit will amount to about an extra $13 per week and about $7.70 a week in 2010.

- An expansion of the child tax credit will allow families with children to begin qualifying for the $1,000 tax credit with every dollar earned over $3,000. The change will help more low-income families who do not normally pay income tax, and families with three or more kids to get the child tax credit.

- About 29 million middle class families will be relieved of the threat of the Alternative Minimum Tax (AMT) burden.

- First-time homebuyers will qualify for an $8,000 tax credit (increased from $7,500) if they buy their home before Dec. 1, 2009. As a very important bonus, the repayment requirement of the first-time homebuyer tax credit has been removed.
Tax cuts and incentives for families, individuals and small businesses provided by the 2009 economic stimulus package

*salutes*

- MeadHallPirate
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  #64 (permalink)  
Old 2 Weeks Ago
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Re: Peter Schiff: "it's all fake, we are repeating the same mistakes"

If 13 bucks a week doesn't turn this thing around, nothing will.
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  #65 (permalink)  
Old 2 Weeks Ago
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Re: Peter Schiff: "it's all fake, we are repeating the same mistakes"

Quote:
Originally Posted by MeadHallPirate View Post
*greets Swoop187 with a breakfeast croissant*

good morning Swoop187, ahoy!

if what ye predict be true, then signs be good that the democratic party shall retain power in the white house ,aye?

also, mr. obama be doin' all he can to cut taxes, though perhaps not at the rate that would bring mirth and glee to your eyes....but he be doin' his best, me friend.



Tax cuts and incentives for families, individuals and small businesses provided by the 2009 economic stimulus package

*salutes*

- MeadHallPirate
Obama just spend 1 trillion [stimulus], and has committed to another 2.5 trillion to the stimulus, and this is before health-care which will be another 1.5-2 billion when its all said and done. How is a president who spends 5 trillion dollars going to cut taxes??????

Sure Obama will cut taxes for those who make less then $30,000 a year, but then he will raise taxes on the "wealthy," THAT DOES ABSOLUTELY NOTHING to stimulate the economy though BECAUSE those folks making 30k a year are living paycheck to paycheck and AREN'T spending money liberally.

Furthermore tax hikes on the rich will just make the "rich" spend less which will HURT the economy. Rich people are rich for a reason.. Mostly because they know how to handle finances responsibly.... This means the less you have, the less you spend.

I have no idea why the left doesn't comprehend this.

This is a little OT but ...

Do you realize hardworking people are being asked to make sacrifices for those who refuse to work????

How about this? If you don't work you get NOTHING?

Yea that will save a lot of money.
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Last edited by Swoop187; 2 Weeks Ago at 06:48 AM.
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  #66 (permalink)  
Old 2 Weeks Ago
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Re: Peter Schiff: "it's all fake, we are repeating the same mistakes"

Quote:
Originally Posted by EagleTed View Post
Well, basically, there's two schools of economics, the Keynesians and the Austrian School, with variations of the two (the third, the Marxists being pretty much discredited and left on the "ash heap of history"). Oddly, Krugman often talks like a Marxist.

Friedman's my man, as he evolved from a Keynesian to a Free Market Libertarian as obvious facts and life experience guided him. He didn't have a dog in social issues, strictly economic.
there are far more than two schools of thought when it comes to economics and every single one has merit.
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  #67 (permalink)  
Old 2 Weeks Ago
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Re: Peter Schiff: "it's all fake, we are repeating the same mistakes"

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Originally Posted by Swoop187 View Post
Obama just spend 1 trillion [stimulus], and has committed to another 2.5 trillion to the stimulus, and this is before health-care which will be another 1.5-2 billion when its all said and done. How is a president who spends 5 trillion dollars going to cut taxes??????

Sure Obama will cut taxes for those who make less then $30,000 a year, but then he will raise taxes on the "wealthy," THAT DOES ABSOLUTELY NOTHING to stimulate the economy though BECAUSE those folks making 30k a year are living paycheck to paycheck and AREN'T spending money liberally.

Furthermore tax hikes on the rich will just make the "rich" spend less which will HURT the economy. Rich people are rich for a reason.. Mostly because they know how to handle finances responsibly.... This means the less you have, the less you spend.

I have no idea why the left doesn't comprehend this.

This is a little OT but ...

Do you realize hardworking people are being asked to make sacrifices for those who refuse to work????

How about this? If you don't work you get NOTHING?

Yea that will save a lot of money.
*pops his head back into Swoop187's porthole fer a final question*

matey, imma not debatin' yer numbers, but can ye source whar congress has spent 3.5 trillion dollars? thats not a figure i've yet heard.

also, in the source i linked and quoted, i saw tax deductions goin' to all kinds 'o folks, not just poor peoples. you can quibble with the amount, me friend, but be this not "lowering taxes"?

secondly, as far as i'm aware, nothing has been done yet regardin' health care...its just proposals and such. thar has been no money spent, nor has thar been any monies committed.

aye, and finally...what be so terrible about raisin' taxes on them families that bring in a quarter million dollars per year? what mr. Obama be proposin' isn't even what them folks paid under the glorious Ronald Reagan's term. its less.

*heads off to work*

- MeadHallPirate

Last edited by MeadHallPirate; 2 Weeks Ago at 07:47 AM.
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  #68 (permalink)  
Old 2 Weeks Ago
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Re: Peter Schiff: "it's all fake, we are repeating the same mistakes"

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Originally Posted by bg85 View Post
there are far more than two schools of thought when it comes to economics and every single one has merit.
Yeah, I forgot about the Underwear Index.
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  #69 (permalink)  
Old 2 Weeks Ago
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Re: Peter Schiff: "it's all fake, we are repeating the same mistakes"

chicago school, carnegie school, swedish school to name a few...
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  #70 (permalink)  
Old 2 Weeks Ago
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Re: Peter Schiff: "it's all fake, we are repeating the same mistakes"

Quote:
Originally Posted by MeadHallPirate View Post
*pops his head back into Swoop187's porthole fer a final question*

matey, imma not debatin' yer numbers, but can ye source whar congress has spent 3.5 trillion dollars? thats not a figure i've yet heard.

also, in the source i linked and quoted, i saw tax deductions goin' to all kinds 'o folks, not just poor peoples.

secondly, as far as i'm aware, nothing has been done yet regardin' health care...its just proposals and such. thar has been no money spent, nor has thar been any monies committed.

aye, and finally...what be so terrible about raisin' taxes on them families that bring in a quarter million dollars per year? what mr. Obama be proposin' isn't even what them folks paid under the glorious Ronald Reagan's term. its less.

*heads off to work*

- MeadHallPirate
The stimulus was for 3.5 trillion, Obama has already spend about a trillion of it. I don't know if they are going to continue with the program and spend more but 3.5 was "set aside" for this stimulus.

Health-care hasn't been passed yet BUT it will because the liberals can pass it with out a doubt. So your looking at another trillion minimum there.

All that costs money, tax money which leaves people with less money to spend on other shit, shit thats manufactured by people who work for a paycheck.

When you spend trillions of dollars WE ALL pay for it....

Furthermore taxing people MORE then anyone else for making money is absolutely 100% wrong.

I don't care if they have more then you or I do or if they can afford it... its absolutely WRONG!

Now if liberals want to pay more in taxes then so be it, no one is stopping them but the fact is most LIBERALS are the fucking beggars who want something for nothing.

Now, if liberals didn't make it their policy to support the lazy for votes then I might be able to use my heart here but motherfuckers who do nothing in my book get nothing in return.

There is no reward for being lazy and all this spending is FOR THE LAZY.

These are fucking entitlements for those WHO DON'T WANT TO WORK BECAUSE LIBERALS PAY THEM VIA ENTITLEMENTS FOR THEIR VOTES.

It's not right!!!!

The people who do work SHOULD NOT have to take care of those who refuse to or don't feel like it because they're satisfied with the table scraps liberals throw them.

I mean do you have a problem with the fact we are forced to take care of the lazy because liberals say so??????

THe liberals are in power because they exploited the poor by promising them MORE free shit for votes. Now the liberals are trying to make good on their promise by FORCING "evil" capitalists to PAY for their promises.

IN other words the liberals are forcing republicans to payoff their entitlement promises.

FUCK THAT...

I say feed these lazy fucks to lions for entertainment and shock value.
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  #71 (permalink)  
Old 2 Weeks Ago
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Re: Peter Schiff: "it's all fake, we are repeating the same mistakes"

*reads Swoop187's latest salvo and ponders*

yarrr!

a lotta ground ye covered thar, mate.

before i answer, thar be a question i been turnin' o'er in me head when i read yer posts...

when ye say "liberal", do ye mean folks who align themselves more closely with the democratic party?

i just wanted to clear that point up whilst i be thinkin' 'o the proper response fer ya.

*bows*

and now i really must be headin' off to work.

- MeadHallPirate
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  #72 (permalink)  
Old 2 Weeks Ago
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Re: Peter Schiff: "it's all fake, we are repeating the same mistakes"

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Originally Posted by MeadHallPirate View Post
when ye say "liberal", do ye mean folks who align themselves more closely with the democratic party?
Anyone who disagrees with Swoop = liberal, fucking liberal, stupid liberal, etc.
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  #73 (permalink)  
Old 2 Weeks Ago
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Re: Peter Schiff: "it's all fake, we are repeating the same mistakes"

Quote:
Originally Posted by MeadHallPirate View Post
*reads Swoop187's latest salvo and ponders*

yarrr!

a lotta ground ye covered thar, mate.

before i answer, thar be a question i been turnin' o'er in me head when i read yer posts...

when ye say "liberal", do ye mean folks who align themselves more closely with the democratic party?

i just wanted to clear that point up whilst i be thinkin' 'o the proper response fer ya.

*bows*

and now i really must be headin' off to work.

- MeadHallPirate
When I say "liberal" I mean progressive "new age" far left liberal. You know the Pelosi type.

I don't know if there is such thing as a true "democrat" anymore. I think the democrats are closer to the republicans then they are the leftist moonbat progressives.

So no, I'm not talking about democrats, I'm talking about progressive liberals.

I'm talking about socialists who align and cloak them selves with the democrats.. Better yet those assholes who hijacked the democratic party.
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  #74 (permalink)  
Old 2 Weeks Ago
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Re: Peter Schiff: "it's all fake, we are repeating the same mistakes"

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Originally Posted by bg85 View Post
not ignoring, just skeptical as i am of all politicians. the fact that he is running for senate means he has a good reason to preach doom and gloom...even if he knows that's not where we're headed.
I, too, distrust almost all politicians. That said, I believe that your cause and effect are reversed in regards to Schiff. He believes that the economy is headed deeper into the shitter because those in D.C. are making terrible decisions; therefore, he is running for the Senate.
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  #75 (permalink)  
Old 2 Weeks Ago
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Re: Peter Schiff: "it's all fake, we are repeating the same mistakes"

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Originally Posted by smurf View Post
I, too, distrust almost all politicians. That said, I believe that your cause and effect are reversed in regards to Schiff. He believes that the economy is headed deeper into the shitter because those in D.C. are making terrible decisions; therefore, he is running for the Senate.
ahhhhhhhhh or so he says.
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