BARACK OBAMA FTL

elderwatsondiggs · Feb 17, 2009

This is what I was afraid would happen if Obama got elected. He hasn't even been in office a fullcalender month and already these wannabe "experts" are ripping him for the moves he is making. Oh well, guess this is just going to be how itis.

eyegiantjackpot · Feb 17, 2009

bush made the mess. someone has to clean it up.. we are talking 8 years of mess. and you think in month he is supposed to be on top of it? we are still hittingrock bottom due to bush.. patience yo.

takes time to clean up a mess.

and get over the (socialism) *+!+@. acting like its bad word or something.. dont act like you have lived under socialism and its SOOOO Bad...

its gonna take atleast 2 years to fix every year bush messed up. so chill out. save your money, ride the wave and do your best to survive. we all are.. thatswhy we voted for obama, cause a republican messed things up.

kicks off · Feb 17, 2009

fede dpt · Feb 17, 2009

Originally Posted by eyegiantjackpot

bush made the mess. someone has to clean it up.. we are talking 8 years of mess. and you think in month he is supposed to be on top of it? we are still hitting rock bottom due to bush.. patience yo.

takes time to clean up a mess.

and get over the (socialism) *+!+@. acting like its bad word or something.. dont act like you have lived under socialism and its SOOOO Bad...

its gonna take atleast 2 years to fix every year bush messed up. so chill out. save your money, ride the wave and do your best to survive. we all are.. thats why we voted for obama, cause a republican messed things up.

The fact that you think this will take two years shows you know nothing.

Socialism isnt bad? How is it working out for Cuba and Venezuela?

jfmartimcdandruff · Feb 17, 2009

Where else is the government supposed to get money other than from the people?

Sorry, for the stupid question. But gotta ask somebody.

dey know yayo · Feb 17, 2009

bush made the mess? you sir obviously know 0 about this current crisis. structurally the problem extends back to 1913, but in recent terms, it started in theclinton administration.

more jobs would be created if the govt let the free market purge malinvestment. i agree we need a little quantitative easing to ease the fall but not TRILLIONSof dollars so that the govt can micro-manage the economy. govt needs to SLASH taxes and SLASH spending. that capitalizes the public. we want controlleddeflation, that brings us a sounder structure, less government influence, a stronger currency, more foreign investment in our treasuries, and a highercapitalized public assuming govt spending and taxes are slashed.

1921 we let that happen. two years later we were growing.

1929 we didn't let that happen. only in 1944 did we start growing again (because of WW2).

daytona 5000 · Feb 17, 2009

Props that was an excellent read. For a young cat you really know your stuff.

America was built upon liberty. Government's only role is to protect liberty, not to micro-manage growth.

hmmm

jtplatnum · Feb 17, 2009

i think ya'll are over reacting a lil too early. threw away the presidency in 4 weeks? are you for real?

seriously, can you imagine being hired for a job...any job...and being judged as critically in the first month as the president of the United States?

ridiculous. ya'll actin like you know what's gonna happen in the future...seriously, so many people think they know somethin that everyone elsedoesn't. we got a bunch of nostradamus' at NT.

i got a suggestion...why don't we wait a couple of months of watching it play out before judging how 'stupid' it was?
how about we read a book instead of judging it by it's cover?

polosanddunks · Feb 17, 2009

some dudes still salty as hell Obama won.

run along who cares

.Yall act like if anyone else was in office thingswould change for YOU personally. #$$* would still be the same.Im starting to hate all the dudes in here who act like they think everything that happens boilsdown to them cuz of another person in office.

Stop complaining. At the end of the day if Obama or McCain was/is jerking us or isnt jerking us what can you really do about it? NOTHING. Go live your life

downtown43 · Feb 17, 2009

you gotta love the dudes who think they're complete experts on the economy, when everything they know they simply read about or heard from somebodyelse.

air zoom bender · Feb 17, 2009

The excess was found in spending and borrowing. Mr. Obama now wants to solve this debt and consumption crisis by borrowing more to spend more with a $789 billion stimulus known as the American Recovery and Reinvestment Act of 2009. All of the stimulus money has to be borrowed or taxed, since the government runs a massive budget deficit that it wants to greatly increase. This is a prime case of spending outside of one's means, the initial cause of the crisis.
This is the debt clock money, the US owes to itself.

Regardless of who was in office or who would have been instead, that debt wasn't going anywhere. Nor is it anything to freak out about. People always do.My professor in another class does.

The recession didn't start with that clock neither, nor is everyone going to be taxed up the @ss to pay it back tomorrow. Nor would another candidateMcCain/Palin pay that back tomorrow and everyone would love it and again would that be taxed into every paycheck the same way but a different leader and theother wing would like it?

No spending, no fix.

"Tax and spend!" vs "Conserve and change laws to fix!"

Not offering a differing solution at all and spending all the time to say how its not working isn't much help either. Crying foul before things even arestarted and attempted without saying what your better idea is. Super lame.

Source: Econ 1 and 2 classes.

But feel free to argue legitimately, everyone gets an opinion. Economists never agree either.

owl troutwig · Feb 17, 2009

Originally Posted by DAYTONA 5000

Originally Posted by KoolKatz

cliffnotes @*%$%@ you really think somebody really gonna read your stupid essay

Click to expand...

You are what is wrong with America.

Cliffnotes are un-American

dey know yayo · Feb 17, 2009

Originally Posted by JFMartiMcDandruff

Where else is the government supposed to get money other than from the people?

Sorry, for the stupid question. But gotta ask somebody.

according to the constitution, it's supposed to levy taxes to have a structural order to maintain and preserve everyone's liberties and privateproperty rights.

according to barack obama and george bush, it's supposed to take 60% of the public's money, much of it secretly through the inflation tax, toappropriate the entire nation's wealth exactly where POLITICIANS deem fit in order to micro-manage growth.

government will never be as rational, objective, or efficient of an allocator of capital and resources as the FREE MARKET will. this crisis is a primeexample of it. government micro-management and interventionalism caused this crisis. bubbles don't exist with market interest rates.

reigndrop · Feb 17, 2009

Lol this will not end well. DKY taking down all the liberals on this board lol

dey know yayo · Feb 17, 2009

Originally Posted by AIR Zoom Bender

The excess was found in spending and borrowing. Mr. Obama now wants to solve this debt and consumption crisis by borrowing more to spend more with a $789 billion stimulus known as the American Recovery and Reinvestment Act of 2009. All of the stimulus money has to be borrowed or taxed, since the government runs a massive budget deficit that it wants to greatly increase. This is a prime case of spending outside of one's means, the initial cause of the crisis.

Click to expand...

This is the debt clock money, the US owes to itself.

Regardless of who was in office or who would have been instead, that debt wasn't going anywhere. Nor is it anything to freak out about. People always do. My professor in another class does.

The recession didn't start with that clock neither, nor is everyone going to be taxed up the @ss to pay it back tomorrow. Nor would another candidate McCain/Palin pay that back tomorrow and everyone would love it and again would that be taxed into every paycheck the same way but a different leader and the other wing would like it?

No spending, no fix.

"Tax and spend!" vs "Conserve and change laws to fix!"

Not offering a differing solution at all and spending all the time to say how its not working isn't much help either. Crying foul before things even are started and attempted without saying what your better idea is. Super lame.

Source: Econ 1 and 2 classes.

But feel free to argue legitimately, everyone gets an opinion. Economists never agree either.

No idea what you're saying. When a nation has a debt, it has to pay it off. It can debt inflate (which is what America's policy is) but that meansthe government usurps the wealth of the public through the hidden inflation tax to pay off government debt. The government needs to get a ton smaller. That isthe fix. You are caught up in the 90s-00s New Economy speak. Paradigm shift. Wake up call, reckless borrowing and spending doesn't actually work. At theend of the day, America will be fine. But the American public will have a lot of its wealth and liberties usurped by the governmetn.

Source : Thomas Jefferson & Alexander Hamilton

rexanglorum · Feb 17, 2009

A lot of people do not appreciate the significance of this. In the past the political left wanted industry wide regulations and welfare payments, they hadan impact but they were peripheral and even if they may have been misguided, they were not going to do much damage because such a small part of our GDP wascontrolled by political forces.

This stimulus bill and now Obama's undertakings in banking, mortgages and autos signals that he believes that we are going to be happier, wealthier andmore secure with government directly and indirectly controlling a huge portion of the means of production.

If only the number of people who actually understood and appreciated basic economics and economic history was as great as the number of people who dismiss andclaim that they understand basic economics and economic history.

Although that may not have changed things because I feel like Barack Obama lied. I knew that he was left of center but I really believed that he was not goingto be nearly as bad as conservative demogouges said he would be. He is shaping up to be worse.

antonlavey · Feb 17, 2009

Originally Posted by DAYTONA 5000

Props that was an excellent read. For a young cat you really know your stuff.

America was built upon liberty. Government's only role is to protect liberty, not to micro-manage growth.

Click to expand...

hmmm

air zoom bender · Feb 17, 2009

Originally Posted by Dey Know Yayo

Source : Thomas Jefferson & Alexander Hamilton

How much you pay to sit in on their lectures in person?

Get me some of that time machine money. And reading from summaries and historical wiki on through isn't one person's opinion, its several broken downover hundreds of years works. Using president's policies in the single digits to counter act a current 44th and this millenium, not quite the right idea.That's not like comparing an NBA player of today to Wilt, that's an NBA player to Aztecs elbowing a ball through the horizontal goal next to a pyramidwith the steps. And people got murked if they were the losing team.

Regardless, I appreciate you saying its not a big deal, self correcting, free market owns all (but is held back by the govt. taxation and the tariffs are goingto be counteracted by other countries = worse international trade and currency values) but you freak people out with the opener. Saying its a conspiracythat's holding your opinion out of the internet. then the big bold blanket Obama sucks, word up to the wise.

I agree with some but not some of the most outlandish scare tactics writing. Fun for esoteric creative writing super opinion, but not much in the way of middleground - broken down easily to be understood by a wide audience - hence greater reach of your words and ideals of true change and fixes.

Who told you, you can't blog this somewhere or send in to the big newspapers or econ websites? Que?

Illuminati? Smoking Man? Govt conspiri-tahs?

dey know yayo · Feb 17, 2009

conspiracy? there's no conspiracy. government wants to get bigger always. politicians have self-interests. there's no conspiracy. inflation is a tax.he is taxing americans much more than they know. he is regressing what could be a much speedier and sounder a recovery.

air zoom bender · Feb 17, 2009

Tax-spiracy...

Back with another article, this one was REJECTED from being published because it was deemed "too critical and cynical" so it's an NT exclusive

Who didn't publish?
School paper?

dey know yayo · Feb 17, 2009

seekingalpha.com, where i have five articles published. mises.org might publish this, i've submitted it, i have one article published there, which gotquoted by usatoday.com.

attempting to trivializing my work FTL

fede dpt · Feb 17, 2009

Yo Yayo, check your PM I shot you a question.

air zoom bender · Feb 17, 2009

Thanks for clarifying.

Link it up in the sig or the opening post next time to allow people to read where else your work was published and the reaction to them, good or bad.

Do continue working at your trade despite barriers that might want to snuff out your opinion. Its all good.

b1acman365 · Feb 17, 2009

Originally Posted by Fede DPT

Anyone who DID NOT know this would happen is a moron.

This dude failed less than a month into office.

I read today that the US Gov't by 2010 will be in control of 40% of GDP

Spoiler [+]

drsfinest72 · Feb 17, 2009

do i have to school you all? okay check it.

CLIFFNOTES because im not gonna write paragraphs:

-The bush administration Approved the north american Union which is basically Canada , Mexico, United States in one big nation like the europe Union.
- Instead of pesos for mexico, Dollars for USA & Canadian dollars as Canada, IT WOULD ALL BE CHANGED INTO ONE SINGLE CURRENCY FOR THE WHOLE CONTINENTCALLED. "AMERO"
- This stimulus plan approved by obama is so predictible, remember the super highway that the bush administration started? well its going ot be completed withsome of the stimulus money. its going to connect mexico, usa & canada with this super highway.
-The gov't makes the economic such a big issue & what they do? they print way more money causing inflation and also bringing the value of the dollar solow that in the end, it would all rebound back into worst
-the value of the dollar is going to be soo low that the gov't is going to find a solution to fixing the problem bringing the North american union &the amero currency. & everyone in the united states are going to see this as a good thing, when i reality its not. just like " The war onterrorist" in 2001 looked good at first. then it turned out bogus in the end.

open your eyes, they brainwash us. government create problems on purpose, to take actions to complete their task. it has happened before with afghanistan& iraq. & it would continue to happen till its a one WORLD order.

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BARACK OBAMA FTL

elderwatsondiggs

eyegiantjackpot

kicks off

fede dpt

jfmartimcdandruff

dey know yayo

daytona 5000

jtplatnum

polosanddunks

downtown43

air zoom bender

owl troutwig

dey know yayo

reigndrop

dey know yayo

rexanglorum

antonlavey

air zoom bender

dey know yayo

air zoom bender

dey know yayo

fede dpt

air zoom bender

b1acman365

drsfinest72

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