YaHooka Forums  

Go Back   YaHooka Forums > The Chronic Colloquials > Politics And Current Affairs
Home FAQ Social Groups Links Mark Forums Read

Politics And Current Affairs Discussion on politics, current affairs and law. Do something today to make a difference.

Reply
 
LinkBack Thread Tools Rating: Thread Rating: 1 votes, 4.00 average. Display Modes
Old 07-14-2009, 07:45 PM   #21 (permalink)
Decade Yahookan
 
wellfleation's Avatar
 
Join Date: Sep 2003
Location: Haverhill, MASSHOLE
Posts: 4,519
Thanks: 218
Thanked 661 Times in 466 Posts
Quote:
Originally Posted by patriot View Post
The economy will restore itself. It's the same way that BHO says it won't work. When the two fastest growing industries are corrections and collections, it caught up. They are putting themselves and all of us out of business.
The Great Depression necessitated government intervention and most economists agree the government did not do enough which prolonged it until after the war, which after we won, instantly propelled us to superpower status which helped our economy get off the ground and start flying as well.
__________________
FIGHTPOWER
wellfleation is offline   Reply With Quote
Old 07-14-2009, 07:49 PM   #22 (permalink)
Decade Yahookan
 
wellfleation's Avatar
 
Join Date: Sep 2003
Location: Haverhill, MASSHOLE
Posts: 4,519
Thanks: 218
Thanked 661 Times in 466 Posts
Quote:
Originally Posted by The Rev View Post
And that is the interesting aspect to the whole affair. Money in circulation has increased dramatically over the last year or so, but not by the amount that the monetary base has (over $1Trillion). But like you say, all of that is sitting pretty in the Fed, covering banks in case they face insolvency. The theory is, as the economy strengthens, the Fed will mop this cash back up, and it will never hit the street. On the other hand, once the banks are back on more solid ground, the meager .25% interest the Fed is paying them to hold those reserves may not seem like enough, and they'll want to start lending. If THAT happens, we are fucked like an unconscious freshman in a room full of drunk frat boys. Inflation will go hog wild, and there will be so many bubbles that the economy will look like a jacuzzi.

Of course, even Krugman and Bernanke know that this will happen, so the interesting thing is, what happens if the money gets mopped up? Are there effects from generating all this dough no one has thought of. Also, CAN they mop it up? The fed reduces funds by selling off assets, but everything they bought to run up the base is so toxic that there's no way anyone will want to buy it. Maybe they can sell off treasuries instead, but if inflation is looming in the minds of buyers, they might not be able to do that either.

Either way, this whole event will be one for the econ textbooks.



The Rev
Yeah, may want to hold onto that money.
__________________
FIGHTPOWER
wellfleation is offline   Reply With Quote
Old 07-14-2009, 07:57 PM   #23 (permalink)
I am different
 
Being's Avatar
 
Join Date: Jun 2006
Location: Rosamond, CA
Posts: 4,447
Thanks: 1,640
Thanked 887 Times in 534 Posts
The thing that I have noticed (especially after daily show and colber report last night), which more people need to notice and should have known from day 1, is that the stimulus that was passed (reduced by GOP) was not enough to fix everything. It is enough to make things less worse, but not fix it. Its going to take time for things to get on a 'getting fixed' basis. right now we are just putting band-aids on the six inch gashes left over from Bush and massive lack of proper governance.
__________________
R.I.P. Gov

Quote:
but I do show—thanks to a lot of in-depth interviews with GOP sources—how they plotted to obstruct Obama before he even took office. I show how the stimulus was chock full of stuff they claimed to support until Jan. 20, 2009—not just things like health IT and the smart grid and energy efficiency and scientific research, but the very idea of Keynesian stimulus. Every presidential candidate in 2008 proposed a stimulus package, and Mitt Romney’s was the largest.
Being is offline   Reply With Quote
Old 07-14-2009, 08:51 PM   #24 (permalink)
Secretary of State?!
 
John F. Kerry's Avatar
 
Join Date: Jun 2004
Posts: 5,085
Thanks: 2,169
Thanked 784 Times in 505 Posts
the probem basically is that if the us government is gonna keep everyone from being fucked economically than all thats gonna happen is the us government (and all of us collectively) are gonna be fucked economically.


i know so many people drank obamas cool aid last election but if they really think he can pay their mortgages and give them free gas and healthcare without destroying our economy, then i just dont know what theyr thinking
John F. Kerry is offline   Reply With Quote
Old 07-14-2009, 10:40 PM   #25 (permalink)
gone
 
Join Date: Jun 2006
Location: home
Posts: 8,232
Thanks: 556
Thanked 376 Times in 290 Posts
in case anyone is harboring any delusions we're probably going to be recessed for the next 5 or 6 years minimum
al-Mu'akhkhir is offline   Reply With Quote
Old 07-15-2009, 05:47 AM   #26 (permalink)
Banned
 
Scion's Avatar
 
Join Date: Jun 2009
Posts: 151
Thanks: 0
Thanked 3 Times in 3 Posts
Cycles of recession and expansion are part of the game. Its all being controlled by the banksters and monopolistic aristocracy. The game is the economic slavery of the lower classes/masses. They sell mortgages and other major assets at high prices/interest, then start taking a lot of it back again thru foreclosures, refinancing, etc. Meanwhile all the while they have you slaving and making payments. all the time the land and assets and resources all belong to the people anyway and the people do all the work, but they are the ones paying the cops and soldiers so they make the rules. Solution: stop using money--collectively.
Scion is offline   Reply With Quote
Old 07-15-2009, 06:10 AM   #27 (permalink)
devils advocate
 
kamikazi89's Avatar
 
Join Date: Dec 2004
Posts: 6,986
Blog Entries: 1
Thanks: 3,233
Thanked 1,968 Times in 1,314 Posts
i expect the unemployment figures to rebound around first quarter 2010, the equity markets are making a comeback..the important lesson throughout is we can live on less capital, even none(which is probably illegal) as long as we don't squander natural resources and micro manage local economies
__________________
Quote:
Originally Posted by Ellis D. View Post
we need to make the wheels out of pizza.
Quote:
Originally Posted by Governor View Post
Time Bandits!







What's wrong with you people?
katie west is the best


Trump is a pussy


kamikazi89 is offline   Reply With Quote
The Following User Says Thank You to kamikazi89 For This Useful Post:
Pharm Girl (07-15-2009)
Old 07-15-2009, 07:43 AM   #28 (permalink)
Hmm?
 
Maturin's Avatar
 
Join Date: Feb 2005
Location: Das Kapital
Posts: 1,974
Thanks: 96
Thanked 91 Times in 68 Posts
The news report making the rounds this morning is 2nd quarter inflation, mostly due to gas prices. However, inflation is inevitable with the government borrowing as much as it is. I think the Fed will start raising rates again in the fall.
__________________
"Creating something is not a democracy. The people have no say. The artist does. It doesn't matter what the people witter on about: they and their response comes after. They're not there for the moment of creation."

--Russell T Davies
Maturin is offline   Reply With Quote
Old 07-15-2009, 08:51 AM   #29 (permalink)
Secretary of State?!
 
John F. Kerry's Avatar
 
Join Date: Jun 2004
Posts: 5,085
Thanks: 2,169
Thanked 784 Times in 505 Posts
Quote:
Originally Posted by Scion View Post
Cycles of recession and expansion are part of the game. Its all being controlled by the banksters and monopolistic aristocracy. The game is the economic slavery of the lower classes/masses. They sell mortgages and other major assets at high prices/interest, then start taking a lot of it back again thru foreclosures, refinancing, etc. Meanwhile all the while they have you slaving and making payments. all the time the land and assets and resources all belong to the people anyway and the people do all the work, but they are the ones paying the cops and soldiers so they make the rules. Solution: stop using money--collectively.
or maybe instead of their being a banking conspiracy try - its a free country and people have the right to make their own decisions and people have the right to borrow money but the people who loan then money have the right to get it back ... the fact that one has money and the other wants it doesnt automatically impart the right to have the other persons money for nothing.
John F. Kerry is offline   Reply With Quote
Old 07-15-2009, 02:10 PM   #30 (permalink)
I am different
 
Being's Avatar
 
Join Date: Jun 2006
Location: Rosamond, CA
Posts: 4,447
Thanks: 1,640
Thanked 887 Times in 534 Posts
Quote:
Originally Posted by al-Mu'akhkhir View Post
in case anyone is harboring any delusions we're probably going to be recessed for the next 5 or 6 years minimum
While the economy may not reach the massive gains of 90's levels for 5-6 years, we will not be in this recession/depression situation for 5-6 years, we are already on an uphill battle and have (hopefully, most likely) passed the downhill section.
__________________
R.I.P. Gov

Quote:
but I do show—thanks to a lot of in-depth interviews with GOP sources—how they plotted to obstruct Obama before he even took office. I show how the stimulus was chock full of stuff they claimed to support until Jan. 20, 2009—not just things like health IT and the smart grid and energy efficiency and scientific research, but the very idea of Keynesian stimulus. Every presidential candidate in 2008 proposed a stimulus package, and Mitt Romney’s was the largest.
Being is offline   Reply With Quote
Old 07-15-2009, 03:37 PM   #31 (permalink)
Life is Subtext
 
The Rev's Avatar
 
Join Date: Oct 2002
Location: Samsara
Posts: 25,303
Thanks: 15,017
Thanked 11,516 Times in 5,569 Posts
According to the Index of Leading Economic Indicators, which has been a fairly accurate predictor both of the beginning and ending of recessions, we have turned the corner. It's been on its way up for the last few months. Things are still way down from this time last year, but the trend is toward recovery now. It's what happens after the recovery, however, that will be the most interesting.

From an inflation standpoint, the CPI rose .9% for June, which is alot (x12, that's nearly 11% annual inflation), but it's still down 1.4% from last year, so it could just be an indicator of recovery (increasing demand encountering still decreased supplies), and nothing to worry about. I'm still trying to figure it all out.

One noteworthy thing, tho. I looked at CPI data going back about 100 years, and it's very interesting. Prior to the 1950's or so, consumer price inflation was all over the map. About a year after the Fed was established, the inflation rate jumped to like 25% annualized, then swung down to 10% deflation, then back up, and so on. When you look at the whole graph, it makes the 1970's inflation seem like no big deal. In fact, this crisis marks the first time we've seen deflation in the CPI since the 50's. It's odd, when you consider the vast increase in money supply growth since the 1970's. All that money has to be going somewhere to bid up prices, it just doesn't find itself moving as rapidly into consumer markets.

I have some theories on why this is, but I need to work on them more.



The Rev
__________________


Budforce - My Friend
August 29, 1973- May 25, 2012


The Rev is offline   Reply With Quote
Old 07-15-2009, 04:40 PM   #32 (permalink)
Are you in?
 
Ego Tripping's Avatar
 
Join Date: Jan 2004
Posts: 13,887
Thanks: 259
Thanked 870 Times in 507 Posts
Hmm...if this 'downturn' we went through is really the worst since the great depression, it seemed like a blip on the radar to me. In fact, I feel pretty let down, considering how much the media built this up. Throughout this entire "recession", I've been making more money than ever. Perhaps it's more in the hands & minds of the consumers than thought.

Not to say though that there isn't an actual downturn...I personally know friends affected by it. But to call it the worst since the great depression seems a bit too much...perhaps the worst since the 80's?
__________________

God appears, and God is light,
To those poor souls who dwell in night;
But does a human form display
To those who dwell in realms of day.

Ego Tripping is offline   Reply With Quote
Old 07-15-2009, 10:28 PM   #33 (permalink)
Secretary of State?!
 
John F. Kerry's Avatar
 
Join Date: Jun 2004
Posts: 5,085
Thanks: 2,169
Thanked 784 Times in 505 Posts
i think we turned one corner but i gotta admit in the last few weeks ive started to worry that obmas tranformation of our society will actually cause far more problems then it is designed to solve.

the highest tax rate is going to be 59% in some states if nancy pelosi and the liberal pricks in congress (waxman, rengel weiner, etc)
lol they are such a dream team (NOT!)

do u guys realize how fucked up that is? i mean i dont know anybody who will be affected by this as it will affect those with incomes over 1million but just because people are rich doesnt give NANCY PELOSI the right to take 60 percent of their money each year - for christ sake- u work from january to JUNE and dont make a CENT!

WTF?

the GOP will come back to power, as they did last time, not really for their own ideas but because the dems just have that combination of arrogance and upittyness that really rubs moderate people the wrong way....

rengel has the nerve to say ITS the MORAL THING TO DO to REWRITE THE CONSTITUTION SAYING EVERYONE HAS THE RIGHT TO LIFE LIBERTY THE PURSUIT OF HAPPINESS AND HEALTH CARE BENEFITS PAID FOR BY THE MILLIONAIES IN SOCIETY- GUUESS WHAT - WELL WAKE UP TOMOROW AND ALL THE MILLIONAIRES AND THEIR COMPANIES WILL HAVE MOVED TO CHINA ! then who will we tax? hit bill gates and warren buffet with a 99% tax cuz that will fix everything !!! WTF


Thomas Hutchinson deplored mob rule, and this smacks of mob rule more than anything ive seen in my lifetime at least.
John F. Kerry is offline   Reply With Quote
Old 07-15-2009, 10:49 PM   #34 (permalink)
Be a beginner every day
 
Join Date: Jun 2006
Posts: 4,412
Thanks: 3,126
Thanked 2,791 Times in 1,545 Posts
Quote:
Originally Posted by John F. Kerry View Post
i think we turned one corner but i gotta admit in the last few weeks ive started to worry that obmas tranformation of our society will actually cause far more problems then it is designed to solve.

the highest tax rate is going to be 59% in some states if nancy pelosi and the liberal pricks in congress (waxman, rengel weiner, etc)
lol they are such a dream team (NOT!)

do u guys realize how fucked up that is? i mean i dont know anybody who will be affected by this as it will affect those with incomes over 1million but just because people are rich doesnt give NANCY PELOSI the right to take 60 percent of their money each year - for christ sake- u work from january to JUNE and dont make a CENT!

WTF?

the GOP will come back to power, as they did last time, not really for their own ideas but because the dems just have that combination of arrogance and upittyness that really rubs moderate people the wrong way....

rengel has the nerve to say ITS the MORAL THING TO DO to REWRITE THE CONSTITUTION SAYING EVERYONE HAS THE RIGHT TO LIFE LIBERTY THE PURSUIT OF HAPPINESS AND HEALTH CARE BENEFITS PAID FOR BY THE MILLIONAIES IN SOCIETY- GUUESS WHAT - WELL WAKE UP TOMOROW AND ALL THE MILLIONAIRES AND THEIR COMPANIES WILL HAVE MOVED TO CHINA ! then who will we tax? hit bill gates and warren buffet with a 99% tax cuz that will fix everything !!! WTF


Thomas Hutchinson deplored mob rule, and this smacks of mob rule more than anything ive seen in my lifetime at least.
Regarding Pelosi, are you referring to her position on windfall profits?
HTAM is offline   Reply With Quote
Old 07-15-2009, 11:01 PM   #35 (permalink)
Secretary of State?!
 
John F. Kerry's Avatar
 
Join Date: Jun 2004
Posts: 5,085
Thanks: 2,169
Thanked 784 Times in 505 Posts
nope im referring to her position about raising taxes on millionairs to pay for the lowest income peoples health care. im not saying in the abstract sense that more fortunate dont have an obligation help less fortunate, but that at this point it really is going overboard and its not just a question of being unjust or unfair its a question in the global world economy of is this a wise move to destroy our rich population? basically we are doing what black leaders who came to power in africa in the mid 1900s did and what happened when they took all the land whitey had and gave it to poor blacks- well for the most part it resulted in famine war poverty misery and starvation....

so maybe just maybe we shouldnt follow marx's path considering we fought a cold war against it just like 20 years ago.
John F. Kerry is offline   Reply With Quote
Old 07-20-2009, 05:01 AM   #36 (permalink)
SoK
mentally ill
 
SoK's Avatar
 
Join Date: Aug 2008
Posts: 3,336
Thanks: 403
Thanked 1,019 Times in 658 Posts
Our economy is bad because people aren't buying enough pointless things they don't need. Actually, that is the result of it. We rely on overconsumption of goods to be #1 in GDP.
SoK is offline   Reply With Quote
Old 07-20-2009, 06:52 AM   #37 (permalink)
bougeman
 
Join Date: Aug 2004
Posts: 10,698
Thanks: 5,589
Thanked 6,741 Times in 3,780 Posts
Quote:
Originally Posted by John F. Kerry View Post
WELL WAKE UP TOMOROW AND ALL THE MILLIONAIRES AND THEIR COMPANIES WILL HAVE MOVED TO CHINA !
Already happened. Now they're billonaires.
stoneric is offline   Reply With Quote
Old 08-02-2009, 08:41 PM   #38 (permalink)
YaHookan
 
Join Date: Aug 2009
Posts: 2
Thanks: 0
Thanked 0 Times in 0 Posts
Ok, somebody help me out here...When ever I try the SteamID login thing, it says "Incorrect login", Even though I am positive I'm typing in the right password and stuff. HELP!
comparatif simulation taux credit auto - Taux crédit auto. Comparatif des offres! Les meilleurs taux crédit auto sont sur le net !comparatif simulation taux credit auto
plazake is offline   Reply With Quote
Old 08-02-2009, 10:44 PM   #39 (permalink)
Down is the new up.
 
Paranoid Android's Avatar
 
Join Date: Dec 2003
Location: BC, Canada
Posts: 3,074
Thanks: 30
Thanked 44 Times in 34 Posts
Quote:
Originally Posted by SpankyMcLankey View Post
is it just me or are we trying to stay in debt?

'Bruno' sashays to box-office fame with $30.4M (AP) - Yahoo! Movies

when there's 30+ million dollars spent every weekend at the movie theatres and professional athletes are getting millions of dollars to play a game.

Salaries of Professional Sports Players

the white house gets a couple thousand letters a day. imagine, there's THOUSANDS upon THOUSANDS of dollars every week wasted by sending letters to the white house that no one will ever read..

there's SOOO MUCH money wasted on pointless things everyday.

does it really seam like we are trying to get out of debt? we just nearly tripled our debt in the last 3 months.


what the fuck is going on?
The powers that be are slowly, yet surely moving the world and its population into a completely controlled paradigm.

Welcome to the New World Order.
__________________
"We're not scaremongering, this is really happening."
Paranoid Android is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -7. The time now is 07:22 PM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2018, vBulletin Solutions, Inc.
Search Engine Optimization by vBSEO 3.6.0 PL2
Inactive Reminders By Icora Web Design