I love how the budget deficit has nothing to do with Obama...

[JaggedEdge]

I was looking at the new whitehouse.gov site and found Obama's blog, this was the most recent post.

[QUOTE] OBAMA: Of course I do, Ed, which is why we're doing everything we can to reduce that deficit. Look, if this were easy, then, you know, we would have already had it done, and the budget would have been voted on, and everybody could go home. This is hard.[QUOTE]

Really, if you were that worried about the deficit you wouldn't have doubled it in your first fucking month, on top of that, your only goal is to reduce it what it was when Bush left office. Thats a real ambitious goal there, your idiot. How do people take this man seriously. If he were that concerned about our deficit, he wouldn't have signed the stimulus bill given the sheer amount of money alloted to non-stimulative programs and pork barrel spending.

[QUOTE] And the reason it's hard is because we've accumulated a structural deficit that's going to take a long time, and we're not going to be able to do it next year or the year after or three years from now. What we have to do is bend the curve on these deficit projections. [QUOTE]

Hmmm... perhaps it would have been easier had you not spent a trillion dollars in your first month as president.

[QUOTE] Now, the alternative is to stand pat and to simply say, "We are just going to not invest in health care. We're not going to take on energy. We'll wait until the next time that gas gets to $4 a gallon."[QUOTE]

The funny thing about gas prices is they went down when we were allowed to drill off our coasts. Now the Congress and Obama want to cut back on offshore drilling again, or already have, that is how our gas prices will get back up to $4 a gallon. By not having the product to meet the demand. It's economics 101.

I'm sick of hearing Obama speak of the deficit as if he has had not part in this. In two months he has spend more money than any president in history. It's ridiculous.

JaggedEdge Reviewed by JaggedEdge on 03-25-2009. I love how the budget deficit has nothing to do with Obama... I was looking at the new whitehouse.gov site and found Obama's blog, this was the most recent post. OBAMA: Of course I do, Ed, which is why we're doing everything we can to reduce that deficit. Look, if this were easy, then, you know, we would have already had it done, and the budget would have been voted on, and everybody could go home. This is hard. Really, if you were that worried about the deficit you wouldn't have doubled it in your first fucking month, on top of that, your only Rating: 5

[jonquest]

at least we will be going back to capitalism/free market economics after obama fails miserably. maybe we will even be able to get rid of the fed.

[GrinKyle]

In two months he has spend more money than any president in history. It's ridiculous.

wrong.

[5thHorseMan]

so what is your brilliant fucking plan.

And you hope he fails miserably. Let me get this straight you hope that damn near a trillion dollars, gets pissed away, makes no difference. And that the FEd disappears, how the fuck do you regulate so massive a banking system as the US, without a degree of centralization. Oh that's right you don't, you can't, you'd be leaving it all up to private banks, banks wholly unanswerable to the electorate. Not like they'd have any reason to screw you over, except money.

The fuck do you groin idiots plan to do if it does fail, pick oranges for a living and die at 45. That your big brilliant fucking plan. Newsflash dipshits, it ain't the fucking the 1800's no more, the nonexistent kind of regulation you knuckle draggers are talking about only functions in a system wherein the banks and communities they serve, are only tenuously connected, and a failure in one place cannot spread through the rest of the system. This hasn't been the case for damn near a hundred years.

And not do something about energy, or health care. People can't work if their sick, and the american health care system, cannot provide for everyone that the american economy depends on, to keep it all going. And maybe you all like importing fuel from terrorists who want you dead, buying the bullets and bombs they intend to use to do the deed. But somehow that doesn't strike as a terribly farsighted plan. And maybe you like rolling blackouts and shit, but personally I don't care for them.

[JaggedEdge]

wrong.

Really? What other president has spend that much money in his first two months of office?

[JaggedEdge]

so what is your brilliant fucking plan.

And you hope he fails miserably. Let me get this straight you hope that damn near a trillion dollars, gets pissed away, makes no difference. And that the FEd disappears, how the fuck do you regulate so massive a banking system as the US, without a degree of centralization. Oh that's right you don't, you can't, you'd be leaving it all up to private banks, banks wholly unanswerable to the electorate. Not like they'd have any reason to screw you over, except money.

You regulate it as a consumer. If you don't like a bank, you don't give them your fucking money. That's how banks work, they hold your money and invest it in order to produce a profit, plus extending loans and credit. We don't need the Feds to regulate banking like they are a retarded step child. If they don't make their customers' happy than they will go under, that is their fucking regulation. But instead of letting them tank, the government bails them out, which only encourages their unethical practices.

The fuck do you groin idiots plan to do if it does fail, pick oranges for a living and die at 45. That your big brilliant fucking plan. Newsflash dipshits, it ain't the fucking the 1800's no more, the nonexistent kind of regulation you knuckle draggers are talking about only functions in a system wherein the banks and communities they serve, are only tenuously connected, and a failure in one place cannot spread through the rest of the system. This hasn't been the case for damn near a hundred years.

Centralized banking is the reason it would spread. If something is centralized all you have to do is destroy the central location to reek havoc on the entire system. If banks were completely independent they would fail and succeed on their own. Since when does centralization prevent the spread of disease. If the center becomes infected it is more likely to spread to other branches of the system. How fucking stupid are you?

And not do something about energy, or health care. People can't work if their sick, and the american health care system, cannot provide for everyone that the american economy depends on, to keep it all going.

The solution they are proposing will still not provide healthcare for everyone. How fucking hard is that for you people to understand. On paper it may look good, yes everyone will be insured, but in practice it will fail miserably. Everyone will be insured, but their are not enough employee's to provide medical attention to every American. The idealistic fucking ideas are going to be the ruin of our nation!

And maybe you all like importing fuel from terrorists who want you dead, buying the bullets and bombs they intend to use to do the deed. But somehow that doesn't strike as a terribly farsighted plan. And maybe you like rolling blackouts and shit, but personally I don't care for them.

Nope I don't. Once again though, if you simply use the brain that rests in your skull rather than simply letting it be filled by propaganda you would realize drilling our own fucking oil is the simple solution. We have huge depositors of offshore oil along our coasts and in Alaska, but the Feds won't allow us to drill. What sense does that make?

Let me make this simple for you. If we increase domestic drilling we won't need to import as much from the Middle East. Are you able to rap your mind around this very simple concept?

[JaggedEdge]

double post because server was overloaded.

[5thHorseMan]

Or you could just grow fuel, without the huge equipment investment of offshore drilling, producing a readily usable product that naturally degrades over time, rather than something that acts quite often in nature as a poison.

Why is oil the only solution you can see. everyone knows theres a limited quantity out there, even if there's enough to supply global demand for the next two hundred years, what do you do after that. The Ground work has to be done sometime, and now is as good a time as any.

And offshore drilling is at best a risky and hugely expensive endeavor, you won't see immediate returns on those investments, may not see a drop in prices for as much as five years. And thats if everything goes well. Offshore rigs are prone to storms and high waves as much if not more than ships, considering the huge cost, I think it's exceedingly foolhardy to be putting all your eggs in one basket.


It's also unreasonable to assume, that banks are not themselves centralized these days, think about how many small local banks there are out there, now consider how much wealth those small banks actually control, but if it were just them fine I would agree with you, that the fed could be gotten rid of.

However huge amounts of wealth and capital are held by much bigger banks, like Citi, US, BOA and others. ANd these are the ones that force a the neccesity of an entity like the Fed. If only to keep them in check, and manage the flow of money through them. Problem is the Fed's current problems are the result of massive degrees of cronyism at all levels of both banking and government regulation. But I don't think the failure of four consecutive administrations to properly manage the Fed, is an indictment of the entire Federal Reserve System. Merely a reflection of the dwindling qualities of our current and past crops of leadership.

[jonquest]

the government actually made a great source for fuel illegal. that fuel is hemp. brilliant!

[JaggedEdge]

Or you could just grow fuel, without the huge equipment investment of offshore drilling, producing a readily usable product that naturally degrades over time, rather than something that acts quite often in nature as a poison.

We tried that with corn and people were starving in other nations because they didn't have enough to eat. Using edibles for fuel is not a good idea.

Why is oil the only solution you can see. everyone knows theres a limited quantity out there, even if there's enough to supply global demand for the next two hundred years, what do you do after that. The Ground work has to be done sometime, and now is as good a time as any.

It's not, I think nuclear power is our best option, but environmentalists won't seem to allow that solution to take effect. We could begin building nuclear facilities now, I have no problem with that.

And offshore drilling is at best a risky and hugely expensive endeavor, you won't see immediate returns on those investments, may not see a drop in prices for as much as five years.

Near the end of the Bush administration when gas prices were the highest they had ever been, we increased domestic drilling and prices fell below $2.00 in a few months.

It's also unreasonable to assume, that banks are not themselves centralized these days, think about how many small local banks there are out there, now consider how much wealth those small banks actually control, but if it were just them fine I would agree with you, that the fed could be gotten rid of.

I agree with you here in that the big banks centralize their own branches.

But I don't think the failure of four consecutive administrations to properly manage the Fed, is an indictment of the entire Federal Reserve System. Merely a reflection of the dwindling qualities of our current and past crops of leadership.

I do, it has been a problem that has been building since FDR, not simply our last four presidents. The Federal government cannot exist without corruption, it is a beast that is impossible to control.

We can control our state legislatures far better than we can control a distant and far reaching totalitarian regime.