The "How stupid is Michelle Bachmann" trivia contest

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szh
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I think there is a difference between "doesn't mean Armageddon will ensue" and "defaulting won't do anything", though. :)

But there will be a major impact of some sort for sure. I just think the economy is too fragile right now for this impact.

Z


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Cold_Zero
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I can understand why some people have skepticism when the President says, defaulting on our National Debt will cause another Great Depression. Especially, when Americans feel dooped into supporting TARP II with the sky is falling bit, or the great Economic Recovery that really hasnt materialized.

No doubt that it will mean some tough things for our country, specifically our government wont be living the 'extravagant lifestyle' it has grown accustomed to.

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szh
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I certainly hope you are right. Because I am not sanguine that we will see an agreement on Monday ...

Z

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Cold_Zero
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My guess is Sunday night we get an agreement and everyone claims success.

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bigbadberry3
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Obama will raise it himself Sunday. Even if it isn't legal, it will give another month or so for Congress to get it together while the courts work it out.

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Cold_Zero
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There is that..

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szh
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bigbadberry3 wrote:Obama will raise it himself Sunday.
Could happen ...

Z

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R/T Hemi
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God has sent the Red States, floods, hurricanes, tornadoes, heat waves, drought, and country music, but they still don't get it.

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telcoman
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R/T Hemi wrote:God has sent the Red States, floods, hurricanes, tornadoes, heat waves, drought, and country music, but they still don't get it.
And they probably never will

Telcoman

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heliochrome85
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bill maher this weekend called Michelle and her husband, "The Indoor Palins"

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szh
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telcoman wrote:
R/T Hemi wrote:God has sent the Red States, floods, hurricanes, tornadoes, heat waves, drought, and country music, but they still don't get it.
And they probably never will

Telcoman
Where do the California and Oregon earthquakes fit into the picture? :)

Z

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Cold_Zero wrote:I can understand why some people have skepticism when the President says, defaulting on our National Debt will cause another Great Depression. Especially, when Americans feel dooped into supporting TARP II with the sky is falling bit, or the great Economic Recovery that really hasnt materialized.

No doubt that it will mean some tough things for our country, specifically our government wont be living the 'extravagant lifestyle' it has grown accustomed to.
Duped into TARP?

Wednesday: "Republicans successfully voted down the Troubled-Asset Relief Program today..."

Thursday: "Within the first 15 minutes of trading, the Dow fell almost 800 points..."

Friday: "The Troubled-Asset Relief Program passed with bipartisan support..."

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IBCoupe
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Never fear, all, we may have a deal.

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R/T Hemi
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szh wrote: Where do the California and Oregon earthquakes fit into the picture? :)

Z
They keep us from resting on our laurels. And of course, they serve to keep us humble. :)

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This deal is balls. Credit rating is still gonna take a hit, which was really the worse outcome anyway, worse than the supposed default that was looming. Credit rating is toast now, this 'commission' is just snake speak for tax hikes later, not to mention the cuts are 'projected' cuts, which never end up happening anyway. Medicare folks will fall into Medicaid, money still gets spent, and worst of all, the eunic shams calling themselves republicans are going to throw in the towel and FUND Obamacare, which is one of the things they were sent there to make sure DIDNT happen. Since the US is the best place to be, and now we have this load of horse crap, I cant help but think:

Image

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R/T Hemi
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stebo0728 wrote:This deal is balls. Credit rating is still gonna take a hit, which was really the worse outcome anyway, worse than the supposed default that was looming. . . .
I totally agree with the first part of this sentence, however, I think a default would have been catastrophic for the country.

As much as I support Obama, I'd love for Obamacare to become one of the major issues in the 2012 election. It really needs to be put on the table and dissected, then fixed or dumped.

60 minutes had a good piece on Brazil last night. We need to take a good look at their economy and how they are becoming an economic force in the world. The US is failing at this.

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bigbadberry3
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Or we could look North to Canada and see that they are doing just fine.

Sometimes its good for both sides to lose. It's never good for a country to lose though.

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telcoman
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R/T Hemi wrote:60 minutes had a good piece on Brazil last night. We need to take a good look at their economy and how they are becoming an economic force in the world. The US is failing at this.
I saw the 60 minutes segment on Brazil last night.

The reason why Brazil is successful and we are not is they are putting people to work while the US is killing jobs continuing to send manufacturing jobs overseas.
Although the stimulus saved two automobile companies is was not enough.
The right and the tea party are a big part of our problem.
If we were spending more and putting people to work upgrading our rail systems, our roads, bridges,water and sewer systems, instead of cutting spending our economy would be growing instead of shrinking.

Since voters foolishly elected children that have no clue what they are doing our ecomomy is in big trouble.

Where are the jobs the Republicans promised with their tax cuts?
Taxes on the wealthy need to be raised not lowered to provide more revenue.
All I've heard from the right since the 2010 elections was abortion,Obama's birth certificate, and tax cuts for the wealthest. :mad:

Telcoman

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telcoman wrote:Where are the jobs the Republicans promised with their tax cuts?
...right next to the jobs Obama promised with the stimulus.

Your rocking chair is squeaking, Granny. Can I get you some hot tea and a shawl?

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R/T Hemi
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But the jury is still out on Obama's stimulus. We don't really know yet how effective it was. On the other hand, the Republican trickle down economic policy pretty much proved that the trickling stops with those who reaped the tax benefits, not those who eagerly awaited the chance to go to work. I'm willing to admit the Dems aren't perfect, but what we have is a damn sight better than what we had from 2000-2008, and given our option in 2008, we made the correct choice.

Now, as I've said before, IF the Reps would stop acting like a bunch of spoiled kids and put America first, I think we'd start making some progress.

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No, the jury's only out for those who desperately WANT to believe it worked.

The math doesn't lie. Spending $200K to get someone a $40K/year job is an artificial intervention in the economy, and it's just as inappropriate as messing with Mother Nature. It always ends badly.

Agreed 100% on your second point, tho. :)

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The jury isn't out still. It's pretty well known what it's effects have been. It worked, but nowhere to the degree in which it was "supposed" to. But ironically, fiscal stimulus like that never works the way it's supposed to. The best way to produce stimulus is through tax credits that puts the money directly into the hands of those that spend it and make the economic decisions every day (business and the people). It's the most cost effective dollar for dollar and has the most impact as well.

I'm a little late to the party, but she is an idiot.

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Cold_Zero
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Someone proposed the theory that Michelle Bachmann is being made to look extreme or an idiot as a ruse. The thought is that she the media, bloggers and opponents frame this perception of Bachmann being all these horrible/terrible things. Then when the debates roll around, she delivers her message and communicates a much different candidate than what has already been communicated. I must admit this theory is highly problematic, but is interesting to think about.

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telcoman
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Cold_Zero wrote:Someone proposed the theory that Michelle Bachmann is being made to look extreme or an idiot as a ruse. The thought is that she the media, bloggers and opponents frame this perception of Bachmann being all these horrible/terrible things. Then when the debates roll around, she delivers her message and communicates a much different candidate than what has already been communicated. I must admit this theory is highly problematic, but is interesting to think about.
She did a solo "Full Ginsburg" today

http://writings-djones.blogspot.com/201 ... -full.html

She did what Sarah Palin has thus far refused to do so I give her credit for that.
Palin is a total failure.
Bachman is a close second.

Telcoman

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She's promising $2 gas? Yeah, she's an idiot. Someone shut this woman up, she has no business talking anymore.

The only way to get $2 gas would be to invest billions of dollars into nat gas infrastructure and vehicles, thus drastically reducing reliance on oil for fuel. That screams of increased government spending, which she's against, tax credits, which she's against, and she can't get additional revenue from the bond market because she's against raising the debt limit.

Oh Michele...
I wish Iowa would have shut you up, too, like they did with Pawlenty.

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telcoman
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smockers83 wrote:She's promising $2 gas? Yeah, she's an idiot. Someone shut this woman up, she has no business talking anymore.

The only way to get $2 gas would be to invest billions of dollars into nat gas infrastructure and vehicles, thus drastically reducing reliance on oil for fuel. That screams of increased government spending, which she's against, tax credits, which she's against, and she can't get additional revenue from the bond market because she's against raising the debt limit.

Oh Michele...
I wish Iowa would have shut you up, too, like they did with Pawlenty.
http://politicalticker.blogs.cnn.com/20 ... -birthday/

She'll be gone soon

August 16 actually marks the 34th anniversary of Presley's death.

In other news regarding wingnut losers

http://www.delmarvanow.com/article/2011 ... /110819008


"During the interview, Morgan said O'Donnell should be willing to answer questions about various topics in her book and asked why she was being "a little weird." She said she only agreed to talk about the fiscal and constitutional policies in her book."

Telcoman


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