The Conservative Cave
Current Events => The DUmpster => Topic started by: franksolich on October 31, 2008, 07:44:07 AM
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http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=132x7665577
Oh my.
When El Stupido Supremo talks about finance, economics, and money, one holds his breath for fear he's going to vomit from laughing too much.
Atman (1000+ posts) Thu Oct-30-08 09:29 AM
Original message
"Barack won't be able to do any of the things he mentioned in his ad."
That's the morning talking head theme. But it got me thinking...why not? If we were able to pull eleventy-brazillion dollars out of our collective ass (actually, China's ass) just to give it to Bush and Paulson and their buddies, why can't Barack say that it's also vital to our survival and the greater good of the country to borrow another eleventy-brazillion for infrastructure projects and alternative energy research and other jobs-producing measures? I mean, seriously, which will actually do more to HELP "real" Americans?
At this point, the amount of money is so obscenely large as to be almost abstract. It's simply too much, too big a stack of bills, to even comprehend. Trillions of dollars. It will take trillions of years to ever pay it back to anyone. China, the U.S., none of these nations will even be around as we know it, and that debt will still be on the books. For-****ing-ever.
So WTF...borrow a few hundred billion more, bring back the marginal tax rates of the Clinton (and even Kennedy) era to offset part of it, get people working. It's amazing what happens next...when people are working (and getting paid a fair wage), they go out and buy fancy new fridges and add a deck to the house and spend their money, exactly the same way the rich people did when Bush gave them the keys to the treasury. Except, instead of taking money from their right pocket and putting in their left pocket, working Americans, put it into Joe The Plumber's pocket, the hardware store's pocket, the appliance store's pocket.
And it goes from all those pockets, to the next pockets, and all these people are able to buy the stuff the big fat-ass corporate greed-mongers produce. We get new roads, new schools (or at least, updated and maintained), and they get profits and divends. Everyone wins.
Unlike the way it is now, where only the very rich realize any benefit, and don't feel the slightest bit of pain because they're the ones who took all the money in the first place.
Whew.
Rant off.
Atman (1000+ posts) Thu Oct-30-08 09:41 AM
Response to Reply #2
4. Which is why the whole "bailout" thing is so suspect.
And the real "October Surprise," even if it technically wasn't. These guys have said from day one that their goal was to bankrupt the system so that entitlement programs (unless they help large corporations) won't be affordable. The amount of the Wall Street bailout is curiously close to the amount that would have had to be spent to privatize Social Security. They couldn't get the money that way, so they came up with a "Wall Street bail-out." And now...there's no money left for any programs.
There wasn't any money there for the bailout, but they came up with it! That's all I'm saying. We were already seriously broke when they pulled the $700,000,000,000 out of their ass. Reach up into that bunger and pull out a few hundred billion more! It's all play money at this point.
Atman (1000+ posts) Thu Oct-30-08 11:37 AM
Response to Reply #3
6. Aw, what's 10 or 12 billion? A few hundred schools, health care for a few million people...
Pffft...isn't a war against ourselves in Iraq more important?
Aw, what's 2 houses in Connecticut, when one is enough?
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So WTF...borrow a few hundred billion more, bring back the marginal tax rates of the Clinton (and even Kennedy) era to offset part of it, get people working. It's amazing what happens next...when people are working (and getting paid a fair wage), they go out and buy fancy new fridges and add a deck to the house and spend their money,
No stupid the price of the fridge rises and more workers get layed off.
Honestly it befuddles me how these idiots talk about a "fair wage" which of course they mean union scale American manufacturing yet still think that products they wish to buy will be as affordable as they are now.
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No stupid the price of the fridge rises and more workers get layed off.
Honestly it befuddles me how these idiots talk about a "fair wage" which of course they mean union scale American manufacturing yet still think that products they wish to buy will be as affordable as they are now.
What is a "Fair wage" or "Living wage" as some libs call it ??????? I never have had one answer that question. They won't put a number on it and I can't even get a general idea by asking, "How big of a house? How many cars? How many gadgets? What level of life style is fair? How weel do you expect to live?"
If you ever could an answer out of the idiots, I'm sure the amount would be far above even "Union Scale".