Political Hippo Circle Jerk - America, farg YEAH!

[ATV]

Michael Moore on Charlie Rose...

http://www.youtube.com/watch?v=4djfc9qlQa4&feature=player_embedded

[ATV]

Just to make sure everyone is on the same page here, if the economy isn't recovering then its Obama's fault. If however it is recovering, well then by golly it's thanks to Bush...

[Susquehanna Birder]

I'm not happy that either one of them felt the need to poke at the economy. I give the recovery the same weight I gave the recession: it's cyclical.

[Sgt PSN]

i agree to a certain extent......recessions happen.  it's part of the fiscal cycle and you can't really point the finger at any one person and say "it's all your fault."  same goes for the recovery.  however, the signs of a looming recession were there when bush was in office and he not only ignored it and failed to take preventive measures to slow and/or limit it's impact, but his policies, war and wasteful spending helped expedite and worsen the outcome. 

but anyone who solely blames wasteful government spending for a recession without examining their own individual wasteful spending is a hypocrite. 

[mpmcgraw]

When you spend however many trillions getting your country into a pointless war then the recession is your fault.   

It may not have necessary prevented it, but we definitely would have had the resources to deal with it quicker and more effectively.

[reese125]

i agree to a certain extent......recessions happen.  it's part of the fiscal cycle and you can't really point the finger at any one person and say "it's all your fault."  same goes for the recovery.  however, the signs of a looming recession were there when bush was in office and he not only ignored it and failed to take preventive measures to slow and/or limit it's impact, but his policies, war and wasteful spending helped expedite and worsen the outcome. 

but anyone who solely blames wasteful government spending for a recession without examining their own individual wasteful spending is a hypocrite. 

if there was a prize I would give it you

[Susquehanna Birder]

When you spend however many trillions getting your country into a pointless war then the recession is your fault.   

It may not have necessary prevented it, but we definitely would have had the resources to deal with it quicker and more effectively.

This makes two assumptions I don't necessarily agree with. First, that going to war causes recession. I think from historical standards, going into a war-mode tends to boost an economy, albeit artificially. Second, that the money spent on the war to date would have been used for other purposes, such as trying to manipulate economic fluctuations.

[Sgt PSN]

When you spend however many trillions getting your country into a pointless war then the recession is your fault.   

It may not have necessary prevented it, but we definitely would have had the resources to deal with it quicker and more effectively.

This makes two assumptions I don't necessarily agree with. First, that going to war causes recession. I think from historical standards, going into a war-mode tends to boost an economy, albeit artificially. Second, that the money spent on the war to date would have been used for other purposes, such as trying to manipulate economic fluctuations.

this.  fdr's new deal may have brought the country out of depression and evened things out but ww2 gave the country a massive surplus.....which was then wasted on diapers and gerber in the 50's.

[ATV]

Fixed News did an excellent job covering the big protest....in New Jersey.....

http://www.thedailyshow.com/watch/tue-october-13-2009/queer-and-loathing-in-d-c-

[mpmcgraw]

When you spend however many trillions getting your country into a pointless war then the recession is your fault.   

It may not have necessary prevented it, but we definitely would have had the resources to deal with it quicker and more effectively.

This makes two assumptions I don't necessarily agree with. First, that going to war causes recession. I think from historical standards, going into a war-mode tends to boost an economy, albeit artificially. Second, that the money spent on the war to date would have been used for other purposes, such as trying to manipulate economic fluctuations.

Right except that normally during war it requires a massive push from the countries industrial power to meet the needs of the military.  As far as planes, tanks, guns, and even to a certain extent I suppose munitions the country and had already purchased and built these weapons.  There are new vehicles that we bought after we realized that hey maybe driving around in a HUMVEE in a hostile area isn't the greatest idea, but it is no where near the extent to let's say Huey's and F4 Phantoms during Vietnam and that's just two examples.

So not really.  Also this war is being fought on a higher % of borrowed money in history.  It's almost all borrowed. 

I'm not saying the money would be spent on economic packages.  I'm saying we'd have the resources to deal with it more effectively.  The value of the dollar would in all likelihood be much higher which in and of itself would have been a nice buffer during a recession.

[ATV]

Damn, I wish I could do some fake crying every other night for millions of dollars...

http://crooksandliars.com/media/play/wmv/10346/

He's so transparent that he reminds me of fundamentalist douchebags like this guy....


http://www.youtube.com/watch?v=6eK-W32IME0

[ice grillin you]

holy shtein season finale of bill maher has chris matthews and martin omalley on it

FAP FAP FAP

[Eagaholic]

AP

October 21, 2009

The Obama administration plans to order companies that received huge government bailouts last year to sharply cut the compensation of their highest paid executives, according to a person familiar with the decision.

The seven companies that received the most assistance will have to cut the annual salaries of their 25 highest-paid executive by an average of about 90 percent from last year, said the person, who spoke on condition of anonymity because it has not been announced.

This person said Wednesday that the Treasury Department will announce the deep pay cuts within the next few days.

Kenneth Feinberg, the special master at Treasury appointed by Obama to handle compensation issues at the seven firms getting exceptional assistance from the government's $700 billion financial bailout package, is making the pay decisions.

The seven companies are: Bank of America Corp., American International Group Inc., Citigroup Inc., General Motors, GMAC, Chrysler and Chrysler Financial.

Total compensation for the top executives at the seven firms will decline, on average, by about 50 percent, according to the person familiar with the administration's decision.

totally awesome

[Diomedes]

totally awesome

so many others were as guilty or more

don't get me wrong, it's better than nothing...just not much better

[Eagaholic]

totally awesome

so many others were as guilty or more

don't get me wrong, it's better than nothing...just not much better

I agree, but it just seems like so many times the top execs still make out like bandits even when they farg the company and investors up the ass, and then cutbacks are seen in rank and file layoffs and such.