Don't ask Bush to stimulate the economy
Abuskedti
Posts: 1,917
He'll invade Iran
Post edited by Unknown User on
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lol...
that's hilarious.
and reveling in it's loyalty. It's made by forming coalitions
over specific principles, goals, and policies.
http://i36.tinypic.com/66j31x.jpg
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Uh.
Seriously?
You don't see where war is a major stimulus to CERTAIN sectors of our economy?
Aren't you the one daily chiding me that "it's a stock pickers market" ?
If MOST is going down,
and we have a war,
MORE will go UP.
Energy and defense industry will boom boom boom.
The oil sector alone is roughly TWENTY percent of GDP.
Isn't the defense sector like 5% of GDP?
Thats 25% more or less conservatively.
Would a 150% boom in 25% of the GDP be enough to be considered "economic stimulus" ???
Oh.
AND they feed eachother ... check out out ... the energy sector makes out like a bandit selling oil to the DOD.
Didn't we agree once that the military consumes at least around 15% of all US energy demand?
If I opened it now would you not understand?
you sure about the 25% number? seems rather high. regardless, a war with Iran would hurt the economy with all the additional spending (and borrowing) needed to fund it.
No.
It would hurt the future generations and the (already lacking) solvency of our government.
The overall short term economy would improve.
Did the invasion of Iraq hurt or help "the economy" between 2003 and 2006?
Look at your dow, s&p and nasdaq charts ...
the war, combined with post 911 inflation drove nearly EVERYTHING up.
Not down.
Don't fool your self in to thinking it was just a normal rebound from a "correction" ... it was an engineered "retest" of what i think maybe an inherent limit to growth ... ie, we've hit a "top" ... :eek:
If I opened it now would you not understand?
http://www.ers.north-ayrshire.gov.uk/images/women_war.jpg
Stimulates the economy, but unfortunately the bulk of the cash goes to the people that started it not back into the health of the country.
Take...take take
*collapse*
and reveling in it's loyalty. It's made by forming coalitions
over specific principles, goals, and policies.
http://i36.tinypic.com/66j31x.jpg
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( o.O)
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record high home prices had nothing to do with Iraq. that is mostly what drove our economy up during those years. and it was all artificially created with loans that couldnt be paid back today.
http://iraqforsale.org/
Watch and wake the fuck up...
:rolleyes:
That was a good documentary.
and reveling in it's loyalty. It's made by forming coalitions
over specific principles, goals, and policies.
http://i36.tinypic.com/66j31x.jpg
(\__/)
( o.O)
(")_(")
It's so scary how many of those CEOs have direct contacts with the Defense Department and Pentagon... fucking criminal actually.
From whitehouse.gov:
Since August 2003, more than 8.3 million jobs have been created, with more than 1.3 million jobs created throughout 2007. Our economy has now added jobs for 52 straight months – the longest period of uninterrupted job growth on record.
That had nothing to do with home prices.
A huge portion was monitary policy ... which is what ultimately is responible for the housing situation you speak of ... its not the banks fault that the government pushed more money at them than they legitimately knew what to do with.
Seriously Jlew, please read Creature from Jekyll Island so you can fathom the depth of the deprevity inherent in the system.
The Fed\Bank monster is a hydra that works to CONTINUALY perpertuate the cycle of massive inflation and malinvestment, followed by a period of miserable collapse.
But in the context of this discusison,
lets just agree that the economy was engineered in to a boom by inflationary policy along with the industrial boom that war brings.
If I opened it now would you not understand?
but where were those jobs being created? remember there was a recession in 01. and it usually takes a few years (03-06) for those jobs to return. interesting timing to say the least.....
eh, ok. I still blame the asshole lenders for all out LYING to people about subprime loans. and there are some people around here who have a hard on thinking bush is going to invade Iran which simply isnt true. all it is, is tough talk and posturing. the mighty US doesnt have the resources for 3 fucking wars at once.
Yeah we wont invade but launch a bunch of cruise missiles? Easy... you cant see that?
You: Hey....how does a chicken cross the road?
Bush: uuuhhhh.....bomb Iran??
-
Bush: Knock knock
You: Who's there?
Bush: Bomb Iran!.. eh eh eh..
-
You: What came first the chicken of the egg?
Bush: Bomb Iran?
-
You: How many chimps does it take to screw in a lightbulb?
Bush: Oh that ones easy....bomb Iran...
and reveling in it's loyalty. It's made by forming coalitions
over specific principles, goals, and policies.
http://i36.tinypic.com/66j31x.jpg
(\__/)
( o.O)
(")_(")
at some remote nuke sites that hopefully would be proven nuke sites for the world to see....? ok so? thats a million times different then an invasion.
She couldn't even stimulate Bill.
for the least they could possibly do
Yeah at some guesstimate targets that we have 4 year old "intelligence" on...
You mean, like the Beach Boys song?
If I opened it now would you not understand?
well I think we are both hoping it doesnt come to any bombing.
agreed...
omfg...first on the fact he actually said it (and started to sing it), second on how big (and long) of a deal he made out of blowing his nose and attending to wiping his face... I hope thinks faster than it takes to blow his nose...
and reveling in it's loyalty. It's made by forming coalitions
over specific principles, goals, and policies.
http://i36.tinypic.com/66j31x.jpg
(\__/)
( o.O)
(")_(")
omfg...first on the fact he actually said it (and started toi sing it), second on how big (and long) of a deal he made out of blowing his nose and attending to his face... I hope thanks faster than it takes to blow his nose...
jeez...I 've seen my cat do it quicker...
and reveling in it's loyalty. It's made by forming coalitions
over specific principles, goals, and policies.
http://i36.tinypic.com/66j31x.jpg
(\__/)
( o.O)
(")_(")
The last few sentences...haha golden...
http://www.youtube.com/watch?v=YTINiPcxeto
and reveling in it's loyalty. It's made by forming coalitions
over specific principles, goals, and policies.
http://i36.tinypic.com/66j31x.jpg
(\__/)
( o.O)
(")_(")
Salesman don't need to know their product to sell.
It may be unpleasant to think, but the US economy may be in real trouble. This may not just be harmonic wave. It is only sensable to be concerned.
There is no more new frontier.. We have lost respect and with it confidence and help.
Bernanke is looking for someone to blame and has placed the solution in the lap of the US government.. this administration has no credibility - and Bernanke is still struggling for his own credibility.
if people begin to panic - you will see a crash... who will lead us out of this? George W Bush... I fucking doubt it.
But you keep being optimistic.. it does sell better.
God Help us!
learn something today. just try.
http://money.cnn.com/2008/01/18/news/economy/bush_stimulus/index.htm?postversion=2008011806
I don't see anything in that article.
If a tax cut is the best thing the government can come up with we are hosed.
Unfortunately, that IS the best they can do.
There is no faster working medicine ...
the problem is, it may be a quick pill ... but you cant fix a hemmorage with an aspirin.
:(
I also like how Bernanke explicitly acknowledged that the "real" government debt "dwarfed" the "stated 9 trillion dollar" debt ... and went further to implicitly hint that correcting that is an impossibility at this point.
So,
where is the magic bullet for this one?
I can tell you, having brushed up on inflationary bubbels and the Fed\Market relationship in recent months, that the reality is there is no cure for this.
In fact, cutting rates at this point is only going to deepen the hole we are in.
There is a reason the Fed raised rates consistently throughout the great depression ...
Greenspan can blame them all he wants for that and say that it was "unwise" and caused the depression ... but the reality is his statements are only half true.
Yes, inflationary policy is the cause of busts, but it is the loose-credit and low rate portion of the cycle that is the cause.
When the depression hit, and the Fed jacked the rates up ... that was an attempt to shore up inflation, and bring value back to the dollar.
Unfortunately that comes at the expense of the market, but that's what happens when you play the inflation game.
You may win for a while, but rest assured you WILL lose.
We are currently losing big time.
If I opened it now would you not understand?
sorry try this link
http://money.cnn.com/2008/01/17/news/economy/fed_bernanke/index.htm
Former Treasury Secretary Larry Summers told lawmakers on Tuesday that Congress should consider a stimulus package of up to $150 billion. He proposed an immediate injection of $50 billion to $75 billion through a combination of tax cuts and increased spending on unemployment benefits and other programs. He also advocated that another $50 billion to $75 billion be set aside in case economic conditions weaken further.
its not much but something. more details will be released today
How will giving tax payers $800 a piece
or helping the laid off buy milk and break
do anything to reverse the totality of the equities markets and STIMULATE the economy?
Giving money to unemployed people is great, but it doesn't stimulate dick.
Similarly, people will either put the $800 in a bank account, or take it to the store and buy groceries.
A nice gesture, but wtf is it gonna do for us?
I like the $75 billion being held in case things "worsen".
:rolleyes:
That tells me, "Well we have some money to throw at it, but we don't know what 'IT' is, and we don't know what kind of pitch to even wind up."
:(
If I opened it now would you not understand?
what more important, helping people during a recession or having the government fix a recession?
you want less government intervention in the market right?
recessions fix themselves.