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Author Topic: Joe Biden: ‘We Have to Go Spend Money to Keep From Going Bankrupt’  (Read 1849 times)

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Offline bijou

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Joe Biden: ‘We Have to Go Spend Money to Keep From Going Bankrupt’
« on: July 16, 2009, 04:40:39 PM »
Quote
From the opening paragraph of a CNSNews.com article:

Vice President Joe Biden told people attending an AARP town hall meeting that unless the Democrat-supported health care plan becomes law the nation will go bankrupt and that the only way to avoid that fate is for the government to spend more money.

OK, so that's not a direct quote from our esteemed Vice President. That's just what the "journalist" decided to cast the story as. So, what did Joe say, in his own words?  Read on:

“Well, people when I say that look at me and say, ‘What are you talking about? You’re telling me we have to go spend money to keep from going bankrupt?’” Biden said. “The answer is yes, I’m telling you.” ...
http://caps.fool.com/Blogs/ViewPost.aspx?bpid=229553&t=01000218353128929071

Liberals are so smart. :whatever:
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Offline USA4ME

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Re: Joe Biden: ‘We Have to Go Spend Money to Keep From Going Bankrupt’
« Reply #1 on: July 16, 2009, 07:20:49 PM »
Quote from: bijou on July 16, 2009, 04:40:39 PM
Liberals are so smart. :whatever:

It's the Keynesian in them.  Of course, primitives would never acknowledge that Keynes economic writings largely contradicted each other.  Guy was all over the map.

.
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Because third world peasant labor is a good thing.

Offline DumbAss Tanker

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Re: Joe Biden: ‘We Have to Go Spend Money to Keep From Going Bankrupt’
« Reply #2 on: July 21, 2009, 11:41:14 AM »
Right up there with "We had to destroy it in order to save it."

 :whatever:
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Go and tell the Spartans, O traveler passing by
That here, obedient to their law, we lie.

Anything worth shooting once is worth shooting at least twice.

Offline thundley4

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Re: Joe Biden: ‘We Have to Go Spend Money to Keep From Going Bankrupt’
« Reply #3 on: July 21, 2009, 11:48:22 AM »
Quote from: DumbAss Tanker on July 21, 2009, 11:41:14 AM
Right up there with "We had to destroy it in order to save it."

 :whatever:

We cured the disease, but the patient died.
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Offline Happy Fun Ball

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Re: Joe Biden: ‘We Have to Go Spend Money to Keep From Going Bankrupt’
« Reply #4 on: July 21, 2009, 11:59:26 AM »
Quote from: thundley4 on July 21, 2009, 11:48:22 AM
We cured the disease, but the patient died.
If we run fast enough, we should be able to jump over the Grand Canyon. What could possibly go wrong?
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Offline Peter3_1

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Re: Joe Biden: ‘We Have to Go Spend Money to Keep From Going Bankrupt’
« Reply #5 on: July 23, 2009, 02:31:07 PM »
Biden has no clue as to the making of money with business. All his life, all he had to do was vote "YES" on the leaders direction, and he was paid more.
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Offline DumbAss Tanker

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Re: Joe Biden: ‘We Have to Go Spend Money to Keep From Going Bankrupt’
« Reply #6 on: July 23, 2009, 04:20:05 PM »
Quote from: Peter3_1 on July 23, 2009, 02:31:07 PM
Biden has no clue as to the making of money with business. All his life, all he had to do was vote "YES" on the leaders direction, and he was paid more.

So basically, it was a lot like being a top executive at GM, then?

 :-)
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Go and tell the Spartans, O traveler passing by
That here, obedient to their law, we lie.

Anything worth shooting once is worth shooting at least twice.

Offline Peter3_1

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Re: Joe Biden: ‘We Have to Go Spend Money to Keep From Going Bankrupt’
« Reply #7 on: July 24, 2009, 03:47:21 PM »
No, it was like being on the board. The corperate execs , tho, were gainfully , but is sure seems they were "Peter Principled" at least 3  grades past where they should have vegetated for 10-20 years!
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