myiW Current Conditions and Forecasts Community Forums Windsurfing Videos Buy and Sell Services
 
Hi guest · myAccount · Log in
 SearchSearch   ProfileProfile   Log in to check your private messagesLog in to check your private messages   RegisterRegister 
Financial Reform
Goto page 1, 2, 3, 4, 5, 6  Next
 
Post new topic   Reply to topic    iWindsurf Community Forum Index -> Politics, Off-Topic, Opinions
View previous topic :: View next topic  
Author Message
swchandler



Joined: 08 Nov 1993
Posts: 5890

PostPosted: Sun Nov 14, 2010 9:07 pm    Post subject: Financial Reform Reply with quote

Check out the following article in the LAT.

http://www.latimes.com/business/la-fi-financial-lobbying-20101115,0,6793987.story

Seems like the snakes are trying what they can to lessen the focus on them, and they're trying to fool our legislators using money and influence. Hopefully smart folks can see through the smoke and mirrors. I think that savvy folks know that our future will be built on the folks that design and make things. Will recent financial regulations affect them? I really don't think so.
Back to top
View user's profile Send private message
mac



Joined: 07 Mar 1999
Posts: 5360

PostPosted: Mon Nov 15, 2010 11:24 am    Post subject: Reply with quote

And the new re-Thugs will try to gut the reform statute. And Iso and mrgybe will defend them with some knowleged, BARD and Matty without a clue. Life goes on, ooblahdi.
Back to top
View user's profile Send private message
jpbassking



Joined: 19 May 1998
Posts: 2386
Location: Leo

PostPosted: Mon Nov 15, 2010 11:44 am    Post subject: Reply with quote

That's right, the boys are back in the house so that the greed-heads can get back to trashing the economy for their own personal gain.
_________________
{JP:}====****
Back to top
View user's profile Send private message
isobars



Joined: 12 Dec 1999
Posts: 14321

PostPosted: Wed Jan 05, 2011 9:15 pm    Post subject: Reply with quote

Maybe we'll have some financial reform now that the biggest loon in Washington has been stripped of her 800-pound gavel. When the biggest spender in the history of the U.S. -- maybe the world? -- says of her party, "Deficit reduction has been a high priority for us. It is our mantra - pay as you go", she is either insane or a liar, given that in the four years she was Speaker the national debt increased by 60%.

When the Pelosi Democrats took control of Congress on January 4, 2007, the national debt stood at $8.67 trillion. Today, the last day of the 111th Congress and Pelosi’s Speakership, the national debt is $13.87 trillion ... $5.2 trillion increase in just four years.

The Pelosi debt works out to $44,662 for every man, woman and child in the U.S. populace.
Back to top
View user's profile Send private message
jse



Joined: 17 Apr 1995
Posts: 1298
Location: Marin

PostPosted: Thu Jan 06, 2011 12:08 am    Post subject: Reply with quote

isobars wrote:
Maybe we'll have some financial reform now that the biggest loon in Washington has been stripped of her 800-pound gavel. When the biggest spender in the history of the U.S. -- maybe the world? -- says of her party, "Deficit reduction has been a high priority for us. It is our mantra - pay as you go", she is either insane or a liar, given that in the four years she was Speaker the national debt increased by 60%.

When the Pelosi Democrats took control of Congress on January 4, 2007, the national debt stood at $8.67 trillion. Today, the last day of the 111th Congress and Pelosi’s Speakership, the national debt is $13.87 trillion ... $5.2 trillion increase in just four years.

The Pelosi debt works out to $44,662 for every man, woman and child in the U.S. populace.


I believe the increase in the deficit is primarily due to factors unrelated to Nancy Pelosi: wars in the Middle East, Bush tax cuts, financial bailouts and economic downturn.
Back to top
View user's profile Send private message
stevenbard



Joined: 11 Nov 1993
Posts: 4229

PostPosted: Thu Jan 06, 2011 2:25 am    Post subject: Reply with quote

I've always said we should have let them go broke.....and from day 1 was against all war in the middle east.

Even the Romans of 2000 years ago would have surrounded the city for 5 years or more to starve them into submission. You libs just won't let the war be fought the way it should be fought. (with no American blood spilt)

And of course, close our borders to the middle east.
Back to top
View user's profile Send private message
stevenbard



Joined: 11 Nov 1993
Posts: 4229

PostPosted: Thu Jan 06, 2011 2:35 am    Post subject: Reply with quote

mac wrote:
And the new re-Thugs will try to gut the reform statute. And Iso and mrgybe will defend them with some knowleged, BARD and Matty without a clue. Life goes on, ooblahdi.


This is precisely why the American children score so low on their tests. Teachers like you.
Back to top
View user's profile Send private message
isobars



Joined: 12 Dec 1999
Posts: 14321

PostPosted: Thu Jan 06, 2011 8:49 am    Post subject: Reply with quote

jse wrote:
I believe the increase in the deficit is primarily due to factors unrelated to Nancy Pelosi: wars in the Middle East, Bush tax cuts, financial bailouts and economic downturn.


I'll spare you pages of details to the contrary of each of those incorrect assumptions and just state the obvious central fact: by definition, the Speaker of the House pretty much determines what money the government spends. The primary exceptions to that occur when:
• The Speaker is too weak to hold her party together. Pelosi has probably been one of the two strongest Speakers in our history.
• The Speaker's majority is so slim that one or two errant members of his or her party can swing votes the other way. Lieberman's political castration orchestrated by Pelosi illustrated the penalties of trying that.
• The President vetoes a House spending bill, as this President will veto any defunding of Obamacare if Boehner manages to push that through (he has to try anyway, for several reasons I'll spare you). Obama wasn't about to veto any bill Pelosi pushed through, including the ones that so clearly violated his campaign promises, because her obvious mandate beginning with his election was to achieve the entire decades-long Democratic social engineering agenda while the Democrats ruled the White House, the Senate, and the House by such solid majorities, just as the Republicans would do if their side comprised such clear majorities across the board.

If you want to talk beliefs, I believe we're going to see a Tea Party hang an entire GOP out to dry if this newly elected House majority falls back into the same ol' same 'ol faux RINO ways of Bush, Schwartzenegger, et.al.
Back to top
View user's profile Send private message
boggsman1



Joined: 24 Jun 2002
Posts: 3613
Location: at a computer

PostPosted: Thu Jan 06, 2011 10:51 am    Post subject: Reply with quote

Sorry ISO, Steve is right. The plunge in tax receipts caused a 2Tr hole in the outpout gap. the only able body in the room was the US GOVT, and it had to fill the gap, Im glad they did. The market is up 57% since Obama took office and employment is coming back. ISO knows his biggest nightmare is a recovering economy, like the one in 1995 which re-elected slick Willie, and will do the same to the man in the White House, and if he puts Bill Daley in, its a big plus for the markets.
Back to top
View user's profile Send private message
stevenbard



Joined: 11 Nov 1993
Posts: 4229

PostPosted: Thu Jan 06, 2011 1:08 pm    Post subject: Reply with quote

Let's assume the market is up 100% in 5 years. Let's also assume prices double in 5 years. That means the plan didn't work, and if you consider that you'll be paying taxes on those inflated gains, you lose.

Printing money does only 1 thing, inflate.
Back to top
View user's profile Send private message
Display posts from previous:   
Post new topic   Reply to topic    iWindsurf Community Forum Index -> Politics, Off-Topic, Opinions All times are GMT - 5 Hours
Goto page 1, 2, 3, 4, 5, 6  Next
Page 1 of 6

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum
You cannot attach files in this forum
You cannot download files in this forum

myiW | Weather | Community | Membership | Support | Log in
like us on facebook
© Copyright 1999-2007 WeatherFlow, Inc Contact Us Ad Marketplace

Powered by phpBB © 2001, 2005 phpBB Group