I think Huckabee stands a good chance in 2012 of getting the nod. he's religious and fundee-friendly without scaring the bejeezus out of normals
Palin would be the easiest smackdown ever, come on!
I think Huckabee stands a good chance in 2012 of getting the nod. he's religious and fundee-friendly without scaring the bejeezus out of normals
Palin would be the easiest smackdown ever, come on!
Someone who can energize the base like she does will win primaries. Its the general election she would have trouble with.
Lolberman's about to reap the whirlwind yeahhhI definitely agree. Hopefully, the GOP starts examining how they have been running elections and defining their platform in the past 12 years. Their gap amongst the youth vote was embarrasing, showing how out of touch they are with issues people care about.
I would donate to Palin, I would love for Obama to run against her in 2012.
I want the Republican party to basically purge the theocons into an irrelevant Dixiecrat party and to reform around actual principles of small government and fiscal responsibility. If they could stick to those principles without all the gay-bashing, abortion-banning, and science-hating, I'd give 'em a serious look. But as long as they run on moral issues, they're gonna lose my immoral vote. :P
I dont even like the idea of Palin making it past the primaries. But to be honest with myself, there is no way Romney can pull a nomination from the primaries over her. The racist base luvs her uneducated ways.
If he doesnt have at least one republican in there he's gonna get sum stink eye
If he doesnt have at least one republican in there he's gonna get sum stink eye
Chuck Hagel and Dick Luger are being mentioned as possible cabinet members.
NC goes blue. Fuck yeah Frag, we did it.
NC goes blue. Fuck yeah Frag, we did it.
Obama can stop winning EVs now, says the man with $20 on 364 in the office pool
the fact that 60 Senate is still possible is so awesome
I also am glad I donated to GA-Sen :D
NC goes blue. Fuck yeah Frag, we did it.
Obama can stop winning EVs now, says the man with $20 on 364 in the office pool
the fact that 60 Senate is still possible is so awesome
when are you gonna change my name back you cigarillo.ot
I said it from the start, John McCain should have picked the black, Southern Baptist, college football legend with 8 years of experience in the House and 4 years on the Oklahoma Corporation Commission but noooo he had to go with the air-headed governor from nowhere.
I really hope that Palin doesn't get the nomination in 2012.
I said it from the start, John McCain should have picked the black, Southern Baptist, college football legend with 8 years of experience in the House and 4 years on the Oklahoma Corporation Commission but noooo he had to go with the air-headed governor from nowhere.
I really hope that Palin doesn't get the nomination in 2012.
Black people aren't stupid enough to fall for that, just as women weren't stupid enough for fall for the Palin choice. I respect Watts; he would have faced some pretty ugly charges if he was the VP choice
no-one who has ever lived in oklahoma and still possesses a working brain likes jc watts
no-one who has ever lived in oklahoma and still possesses a working brain likes jc watts
(http://i181.photobucket.com/albums/x201/flyingv66_2007/gay-obama.jpg)
http://www.redstate.com/diaries/erick/2008/nov/05/operation-leper/ (http://www.redstate.com/diaries/erick/2008/nov/05/operation-leper/)
Operation Leper, hehe. Is Operation Cigarillo next? :D
Seven in 10 African Americans who went to the polls voted yes on Proposition 8.
Fifty-three percent of Latinos also backed Proposition 8, overcoming the bare majority of white Californians who voted to let the court ruling stand.
manuel Was Director Of Freddie Mac During Scandal
New Obama Chief of Staff, Others on Board, Missed "Red Flags" of Alleged Fraud Scheme
By BRIAN ROSS and RHONDA SCHWARTZ
November 7, 2008—
President-elect Barack Obama's newly appointed chief of staff, Rahm Emanuel, served on the board of directors of the federal mortgage firm Freddie Mac at a time when scandal was brewing at the troubled agency and the board failed to spot "red flags," according to government reports reviewed by ABCNews.com.
According to a complaint later filed by the Securities and Exchange Commission, Freddie Mac, known formally as the Federal Home Loan Mortgage Corporation, misreported profits by billions of dollars in order to deceive investors between the years 2000 and 2002.
Emanuel was not named in the SEC complaint (click here to read) but the entire board was later accused by the Office of Federal Housing Enterprise Oversight (OFHEO) (click here to read) of having "failed in its duty to follow up on matters brought to its attention."
In a statement to ABCNews.com, a spokesperson said Emanuel served on the board for "13 months-a relatively short period of time."
The spokesperson said that while on the board, Emanuel "believed that Freddie Mac needed to address concerns raised by Congressional critics."
Freddie Mac agreed to pay a $50 million penalty in 2007 to settle the SEC complaint and four top executives of the Federal Home Loan Mortgage Corporation were charged with negligent conduct and, like the company, agreed to settle the case without admitting or denying the allegations.
The actions by Freddie Mac are cited by some economists as the beginning of the country's economic meltdown.
The federal government this year was forced to take over Freddie Mac and a sister federal mortgage agency, Fannie Mae, pledging at least $200 billion in public funds.
Freddie Mac records have been subpoenaed by the Justice Department as part of its investigation of the suspect accounting procedures.
Emanuel was named to the Freddie Mac board by President Bill Clinton in 2000 and resigned his position when he ran for Congress in May, 2001.
Freddie Mac Misrepresented Income, Says SEC
During the years 2000, 2001 and 2002, according to the SEC, Freddie Mac substantially misrepresented its income to "present investors with the image of a company that would continue to generate predictable and growing earnings."
The role of the 18-member board of directors, including Emanuel, was not addressed in the SEC's public action but was heavily criticized by the oversight group (OFHEO) in 2003.
The oversight report said the board had been apprised of the suspect accounting tactics but "failed to make reasonable inquiries of management."
The report also said board members appointed by the President, such as Emanuel, serve terms that are far too short "for them to play a meaningful role on the Board."
As a Congressman, Emanuel recused himself from any votes dealing with Freddie Mac until just this year.
In dealing with the nation's economic crisis, the new White House chief of staff will almost certainly be involved in discussions about the house and mortgage markets.
Emanuel's spokesperson said, "As White House chief of staff he will work with President-elect Obama and his economic advisers to help ensure we protect taxpayers and homeowners."
Click Here for the Investigative Homepage.
Copyright © 2008 ABC News Internet Ventures
I think Palin is done. The Republicans are in a similar position to the Democrats of 2000 or 2004. Pay attention to the news narrative in the next year. If Palin stays active in a mostly positive manner, the "REPUBLICANS WEREN'T FAR ENOUGH RIGHT" have won the civil war of the party. If Palin becomes a non-entity, well, hopefully the non-religious side of the party is taking back the reigns.
If Republican leaders are smart, they will shitcan the "go further right" angle, since Mexicans and african americans are only going to become more common. The mainstream Republican party needs to embrace at least a lil bit of social progressiveness if it wants to remain feasible.
Quotemanuel Was Director Of Freddie Mac During Scandal
New Obama Chief of Staff, Others on Board, Missed "Red Flags" of Alleged Fraud Scheme
By BRIAN ROSS and RHONDA SCHWARTZ
November 7, 2008—
President-elect Barack Obama's newly appointed chief of staff, Rahm Emanuel, served on the board of directors of the federal mortgage firm Freddie Mac at a time when scandal was brewing at the troubled agency and the board failed to spot "red flags," according to government reports reviewed by ABCNews.com.
According to a complaint later filed by the Securities and Exchange Commission, Freddie Mac, known formally as the Federal Home Loan Mortgage Corporation, misreported profits by billions of dollars in order to deceive investors between the years 2000 and 2002.
Emanuel was not named in the SEC complaint (click here to read) but the entire board was later accused by the Office of Federal Housing Enterprise Oversight (OFHEO) (click here to read) of having "failed in its duty to follow up on matters brought to its attention."
In a statement to ABCNews.com, a spokesperson said Emanuel served on the board for "13 months-a relatively short period of time."
The spokesperson said that while on the board, Emanuel "believed that Freddie Mac needed to address concerns raised by Congressional critics."
Freddie Mac agreed to pay a $50 million penalty in 2007 to settle the SEC complaint and four top executives of the Federal Home Loan Mortgage Corporation were charged with negligent conduct and, like the company, agreed to settle the case without admitting or denying the allegations.
The actions by Freddie Mac are cited by some economists as the beginning of the country's economic meltdown.
The federal government this year was forced to take over Freddie Mac and a sister federal mortgage agency, Fannie Mae, pledging at least $200 billion in public funds.
Freddie Mac records have been subpoenaed by the Justice Department as part of its investigation of the suspect accounting procedures.
Emanuel was named to the Freddie Mac board by President Bill Clinton in 2000 and resigned his position when he ran for Congress in May, 2001.
Freddie Mac Misrepresented Income, Says SEC
During the years 2000, 2001 and 2002, according to the SEC, Freddie Mac substantially misrepresented its income to "present investors with the image of a company that would continue to generate predictable and growing earnings."
The role of the 18-member board of directors, including Emanuel, was not addressed in the SEC's public action but was heavily criticized by the oversight group (OFHEO) in 2003.
The oversight report said the board had been apprised of the suspect accounting tactics but "failed to make reasonable inquiries of management."
The report also said board members appointed by the President, such as Emanuel, serve terms that are far too short "for them to play a meaningful role on the Board."
As a Congressman, Emanuel recused himself from any votes dealing with Freddie Mac until just this year.
In dealing with the nation's economic crisis, the new White House chief of staff will almost certainly be involved in discussions about the house and mortgage markets.
Emanuel's spokesperson said, "As White House chief of staff he will work with President-elect Obama and his economic advisers to help ensure we protect taxpayers and homeowners."
Click Here for the Investigative Homepage.
Copyright © 2008 ABC News Internet Ventures
http://www.abcnews.go.com/print?id=6201900
http://www.huffingtonpost.com/2008/11/07/gun-sales-soar-on-obama-v_n_142071.html -- no clinging to guns here!
MSNBC did a report interviewing customers who are going to stores of their own free will. Its not some shopowner conspiracy.
courtesy of the freepers:
(http://www.campuslp.org/utoledo/files/images/UnitedSocialistStatesOfAmericaFlag.jpg)
I think Palin is done. The Republicans are in a similar position to the Democrats of 2000 or 2004. Pay attention to the news narrative in the next year. If Palin stays active in a mostly positive manner, the "REPUBLICANS WEREN'T FAR ENOUGH RIGHT" have won the civil war of the party. If Palin becomes a non-entity, well, hopefully the non-religious side of the party is taking back the reigns.
If Republican leaders are smart, they will shitcan the "go further right" angle, since Mexicans and african americans are only going to become more common. The mainstream Republican party needs to embrace at least a lil bit of social progressiveness if it wants to remain feasible.
http://www.businessandmedia.org/articles/2008/20081106133228.aspx (http://www.businessandmedia.org/articles/2008/20081106133228.aspx)
Post-Sarbox this shit sends people to jail. So, what we basically have is the equivalent of an Enron director being hired to be Obama's CoS.
http://www.businessandmedia.org/articles/2008/20081106133228.aspx (http://www.businessandmedia.org/articles/2008/20081106133228.aspx)
Post-Sarbox this shit sends people to jail. So, what we basically have is the equivalent of an Enron director being hired to be Obama's CoS.
far better than the ABC article
it goes into more detail about why this could be bad
I wonder what the GAF Kiddies will do when they figure out they're going to be forced into volunteering 100 hours every year as a requirement to graduate from college?Booooring. I had to do 200 hours when I went to highschool. Shaking my head @ Republicans (or I would be if I weren't laughing so hard).
http://change.gov/americaserves/ (http://change.gov/americaserves/)
Middles school kids have to do 50 hours every year! :lol
I finally read all the whole Newsweek series.
Nothing too shocking but to be honest, I wanted to hear more about Palin and McCain's relationship. You knew it had to be pretty poor but the article rarely brought it up. In fact, there was scarcely any mentions of Biden.
Hopefully someone will come along, put more information into the book, get more stories, and write a book about it. This election was pretty amazing, not because of Obama winning but both parties had a lot of surprises. As opposed to 2000 where it was just the GOP darling vs. the Vice President
I wonder what the GAF Kiddies will do when they figure out they're going to be forced into volunteering 100 hours every year as a requirement to graduate from college?
Although Ted Stevens currently holds a lead of approximately 3,200 votes in ballots counted to date in Alaska's senate contest, there is good reason to believe that the ballots yet to be counted -- the vast majority of which are early and absentee ballots -- will allow Mark Begich to mitigate his disadvantage with Stevens and quite possibly pull ahead of him.http://www.fivethirtyeight.com/2008/11/uncounted-votes-may-push-begich-past.html
The reasoning behind this is simple: some early ballots have been processed, and among those ballots Begich substantially leads Stevens. A tally of Alaska's 40 house districts as taken from Alaska's Division of Elections webpage suggests that Begich has won about 61% of the early ballots counted so far, as compared with 48% of ballots cast on Election Day itself.
I'm all for the new politics of hope and change, but if Begich wins, I wouldn't be averse to the Democrats throwing some shameless pork his way to let the people of Alaska know who brings home the moose bacon.
Obama will call on citizens of all ages to serve America, by developing a plan to require 50 hours of community service in middle school and high school and 100 hours of community service in college every year.
PD already shot this down but...Hey mang just leave him alone. Fox News was disappointing for not delivering any meltdowns and expected bitter tears, so siamesedreamer filling in that role for us is much appreciated. On a side note, I sincerely hope he keeps posting here. Thanks in advance, sir.I wonder what the GAF Kiddies will do when they figure out they're going to be forced into volunteering 100 hours every year as a requirement to graduate from college?
Maybe they should make basic reading for content a requirement for graduating from Georgia high schools. SMH at your super awesome reading comprehension skillz.
Real Americans don't need to know about Africa other than that black people and AIDS live there. I would say Ebola too but most of their memories don't go back that far.
http://voices.washingtonpost.com/postpartisan/2008/11/newt_in_2012.html (http://voices.washingtonpost.com/postpartisan/2008/11/newt_in_2012.html)
http://voices.washingtonpost.com/postpartisan/2008/11/newt_in_2012.html
Newt also has a self-perpetuated myth as an indefatigable ideas man, even though he's really more of an ADHD-riddled dilettante whose proposals are inevitably the repackaging of corporate goodies.
I know someone that voted for Bob Barr.
Another reporter asked if he was happy with "the pick of Palin." He ducked the question. Schmidt was trying, not very hard, to hide his true feelings. He had been compelled to personally take over Palin's debate prep when she seemed unwilling to engage in the drudge work of learning the issues. McCain's advisers had been frustrated when Palin refused to talk to donors because she found it corrupting, and they were furious when they heard rumors that Todd Palin was calling around to Alaska bigwigs telling them to hold their powder until 2012. The day of the third debate, Palin refused to go onstage with New Hampshire GOP Sen. John Sununu and Jeb Bradley, a New Hampshire congressman running for the Senate, because they were pro-choice and because Bradley opposed drilling in Alaska. The McCain campaign ordered her onstage at the next campaign stop, but she refused to acknowledge the two Republican candidates standing behind her.
The Man in the Lavender Automobile
There is a scene in Flannery O'Connor's 1960 novel The Violent Bear It Away, wherein the protagonist, a 14-year-old boy, is picked up hitchhiking by a man in a lavender automobile. The man plies the boy, Francis Tarwater, with whiskey and reefer. When the boy wakes up he's lying in a field with his pants around his ankles, and his asshole burning. I won't get into the Catholic allegory in that story, or the implication that the man in the lavender automobile is Satan, or Tarwater's own inexorable slide into fundamentalist prophecy. I will aver, however, that I find the story relevant. Hold that thought.
There have been any variety of temperaments and personalities to hold the office of President. They range from heroes to rapscallions. I fervently believe, however, that not one person to hold that office has ever hated his opposition. There have been the churlish and disdainful, for sure. Carter presumed a moral vanity against his foes, which grievance he nurtures to this day. Nixon was consumed by paranoia and fear, to the point of ridiculous capers in the cause of an aforetold landslide victory.
I mention this because I firmly believe Barack Obama absolutely loathes my kind. This man will not be content to win the presidency. He will spend his waking hours thereafter not pursuing the legitimate goals of state, but punishing those who would dare to oppose him. The man is devoid of humility, or any sense of humor. He cannot humbly accept his incredibly lucky break in the crapshoot of American politics. The absolute lack of any pushback or intercessions on the part of the journalist class has rendered him peckish and intolerant of any dissention, if indeed he was not born that way.
This man truly hates. As only someone who is quite aware of his great shortcomings can hate. And like the second monkey he can hear, or tolerate, no evil.
The inevitability of Barack Obama has rendered the sane lycanthropic, the skeptical bemused, the disputatious fearful. It is no coincidence that formerly reliable conservative pundits are jumping the McCain ship like bilge rats in a galley fire. Most people attribute this craven capitulation to elitism. Noonan, Frum, Chris Buckley, that dithering Converse finishing school twit Kathleen Parker, they're elitists! No, they're not. Or that's not what is compelling them. They are fucking afraid. Afraid to be the last dissenting voice in the face of the Hope and Change juggernaut. The Chinese kid versus the tanks in Tiannamen they are not. They are elitists, but they are cowards first and foremost. We don't need them. And, unfortunately for them, Obama doesn't need them. Therefore I will speak their names no more.
An aside, for which I invoke the demigod of artistic license:
I had a dream, a goal, by the way: After living on some nice wooded property in the North Georgia foothills I've abrogated my lifelong desire to retire on a yawl or passagemaker in Florida. (Actually living in Florida for ten years helped me here. I became claustrophobic on the tiny footprint I could afford in Florida and still be within a bike ride of the ocean. And if you are not within a bike ride of the ocean in Florida you're basically in a scrub oak hell zone of sinkholes, funky water, and low rent Yankee pensioners). Thus my dream: to retire on a barking loud stream in the North Georgia mountains, there to develop a sustainable existence.
I still have this dream, I merely mention it because I do not have the luxury of a five year timeline anymore. I am not a reactionary person by nature, but trust me when I say the first 100 days of a Barack Obama presidency will bring holy hell upon those who adhere to a classical liberal philosophy. This man is a radical of the first stripe, and he has left no stone unturned in his quest. He has not committed voter fraud in the good old fashioned way. He has a vast network of ACORN operatives stealing votes through fraudulent means by the hundreds of thousands. This man has not committed campaign finance fraud in the good old fashioned way, squirrelling away Chinese monies like Bill Clinton. This cocksucker actually disabled his credit card verification system to allow tens of millions of illegal dollars to flow into his coffers from any number of enemies of the state. The droid army of the legacy press is aware of this, of course, but who wants to be the whistleblower once this man assumes power? No one. No fucking body. Wouldn't be prudent at this fucking juncture, as 41 might say.
Did I mention this man hates me? You and me? Yes he does. Why? Because he can. Yes He Can. Beneath that cool persona is a megalomaniac. Cool? Like Stalin after a purge, emotionally and sexually spent. Like Saddam after a torture session, dozing in his chair with someone's genitals curled in his fist. Like Pol Pot after a petit mal seizure, mumbling a litany of the dead. Cool that way.
So I will cast my pathetic vote, and ramp up my relocation to the mountains. Reduce my footprint. Carbon? That will be a nice byproduct, but I mean my personal footprint. My credit footprint. My interface with authority footprint. I'm researching micro-hydro water turbines for that stream, windmills for water, a half-acre patch for vegetables, a few goats, and a bison. Just because I want a fucking bison. My address? Fifty rounds up that gravel road.
I do hate to sound Randy Weaverish. But this is the fundament of my world view right now.
Speaking of fundaments, remember that guy in the lavender automobile?
Precisely. The whiskey of Hope. The jokesmoke of Change. I am Tarwater. We are all Tarwater.
http://voices.washingtonpost.com/postpartisan/2008/11/newt_in_2012.html (http://voices.washingtonpost.com/postpartisan/2008/11/newt_in_2012.html)
lol Novak, when's he ever been right about anything?
There is a scene in Flannery O'Connor's 1960 novel The Violent Bear It Away, wherein the protagonist, a 14-year-old boy, is picked up hitchhiking by a man in a lavender automobile
Beneath that cool persona is a megalomaniac. Cool? Like Stalin after a purge, emotionally and sexually spent. Like Saddam after a torture session, dozing in his chair with someone's genitals curled in his fist. Like Pol Pot after a petit mal seizure, mumbling a litany of the dead. Cool that way.
Didn't 57% of white voters still vote against Obama? I'd really like to see that figure closer to the national vote % before everybody gets TOO misty-eyed about how progressive they are.
Surely the GOP can find someone younger and prettier than Sarah Palin within 4 years.
Didn't 57% of white voters still vote against Obama? I'd really like to see that figure closer to the national vote % before everybody gets TOO misty-eyed about how progressive they are.
55%, an improvement over what Kerry received.
The way you phrased the sentence makes it sound like you're suggesting people strictly voted against Obama, as though there aren't actual pro-war, anti-abortion, anti-tax Republicans.
now THIS is the good stuff: http://exiledonline.com/watching-them-squirm-fox-news-abandons-the-mob-it-created/
(http://thebosh.com/upload/2007/10/17/Elisabeth%20Hasselbeck.jpg)
I wonder what this guy did late last Tuesday/early Wednesday after his insane predictions didn't come true. (http://thefinancialskinny.com/transformthis.html)
Put it this way, if I'm not happy with things in America, is it right for me to be able to get on a flight to the country of my choosing with my pregnant wife (assuming I had a pregnant wife), and then get to stay there forever if she gives birth while we're there?
(http://thebosh.com/upload/2007/10/17/Elisabeth%20Hasselbeck.jpg)
(http://thebosh.com/upload/2007/10/17/Elisabeth%20Hasselbeck.jpg)
Tasty. Who is this ho?
And I think it's still fair to talk about it. However the campaign is over. That chapter is closed. Now is the time to move on and to, again, make sure that all of us are doing all that we can to progress this nation.??? :lol
The right wing will never drop Ayers, Rezko, or Wright. Even if Bin Laden is killed, the Dow shoots up to 15,000 points, and median income rises by several thousand dollars, these people will keep bringing it up and suggesting that Obama will ruin America. McCain did such a good job of promoting racial tension and suggesting Obama is a terrorist that it will take the right wing years to move onto something else.
This is pretty telling of how Palin intends to run for 2012: Nothing but low blows.
I think it's right for someone to live wherever they want, assuming they don't cause trouble and don't bother nobody. What have you done to deserve citizenship any more than these mothers who want what they see as a better life for them and their children?
What have you done to deserve citizenship any more than these mothers who want what they see as a better life for them and their children?
"But other countries restrict immigration too!" Well woop-de-damn-doo. Doesn't make it right when we do it.
What's your problem with immigrants, dude?
http://www.msnbc.msn.com/id/22425001/vp/27688122#27688122
haha the bit where the press is following Obama around is great
Begich is now up 3 votes in Alaska.for repeated emphasis. Begich has a three vote lead after current absentee ballot counts, further counting will continue into next week and will almost certainly be deliberated over until past the November 19th cutoff date for any as of yet uncounted votes.
Nothing. But bluntly, what does desert have anything to with it? People are born into advantageous situations which are not of their making, but why should they reduce those advantages? There is no logical, non-hypothetical reason.
Nothing. But bluntly, what does desert have anything to with it? People are born into advantageous situations which are not of their making, but why should they reduce those advantages? There is no logical, non-hypothetical reason.
Malek took a ban so I can't really respond to him here, but this is a slightly fancy way of saying "Life isn't fair," then grunting and scratching your groin.
Forgive me if I'm going down a slippery slope here, but is your argument that every well-off country should be obligated to open its borders and take unlimited numbers of immigrants from poorer countries simply because their standard of living is higher?
Begich is up by like 800 now.
So, if Franken can continue to produce fabricated ballots from the back seat of cars, then the GA runoff will prove to be ginormous. From what I've seen so far, the ads both candidates are running here are all retreads of the general election ads. IMO the best ad someone can run is to put the date of the runoff in the ad cuz I suspect most voters have no idea when it is. Heck, I'm more tuned in than most and I have no idea when it is...
Rahm Emanuel's father, asked about whether his hire signaled closer ties to Israel, said: "Obviously he’ll influence the President to be pro-Israel. Why wouldn’t he? What is he, an Arab? He’s not going to be mopping floors at the White House."http://www.politico.com/blogs/bensmith/1108/Rahms_fathers_words.html?showall
How the Right Wing Noise Machine works. (http://www.milwaukeemagazine.com/currentIssue/full_feature_story.asp?NewMessageID=24046)
Psst... they DO get talking points from the White House, RNC, etc. I wonder where they'll be getting them from now!
It's becoming a pattern.
Palin isn't even worth discussing.
"Damn dems stole the election like they always do. GOD wanted McCain and Palin in the White House. That's why it's called THE WHITE HOUSE."
Palin isn't even worth discussing.
, since 4 years is like 75 in women time.
Malek is not going to be happy when he comes back and finds out you think he's siamesedreamer.not to go against you or anything, but "and there are plenty of economic arguments for immigration" can you name all of them?
The point isn't that there are no negative social effects from immigration. The point is that restrictions on immigration, while we take them for granted, are actually very harsh restrictions on people's freedom.
You're telling people "Because of where you were born, you're not allowed to live in this country. Period." This isn't tinkering around the edges with tax incentives. This is kind of a very big deal, and I expect extraordinary justifications for extraordinary measures.
So if the net benefit/cost is even close (and there are plenty of economic arguments for immigration), I'm going to side with not treating a change of address like a felony.
not to go against you or anything, but "and there are plenty of economic arguments for immigration" can you name all of them?
not to go against you or anything, but "and there are plenty of economic arguments for immigration" can you name all of them?
Hell no I can't name all of them. What kind of standard is that?
The general argument in favor of the free movement of labor is the same as for the free movement of goods or capital. It makes for a higher overall growth rate.
The downside, like with free trade, is that certain types of workers can wind up being "losers", even if the overall effect on the economy is positive. The effects are fairly small both ways, which isn't surprising. The driving force behind the immigration debate isn't based in a rational understanding of economics.
I don't have a clue what I'm talking about but see if that stops me!
Yeah. The ideas of "globalism" and "free world trade" seem pretty attractive until you start looking at things like the outsourcing of jobs. As nice as it would be to see a majority middle class in India, China and other countries, I don't support that if it comes with a general standard of living decrease in America. Sorry if that's selfish, but countries need to look after their own before they worry the globe.Ideally the American/Western workfore should have moved away from production and manufacturing into service, intellectual property jobs and other higher salary jobs etc. Ideally.
Obama needs to make it economically nonviable to outsource by imposing massive penalties on companies who outsource. We can't keep losing hundreds of thousands of jobs a month, even if outsourcing does have a positive effect on India and other countries.
What do you think about her being SoS? Is it a good fit in your opinion, perhaps more so than Kerry or Richardson, or worse?
You probably shouldn't toss around accusations of straw men when you're about to introduce one. Where did I say that jobs have not been outsourced?
Of course they have. And it's a problem, particularly for industries and communities where the job losses are clustered.
The problem is you're not acknowledging the benefits of free trade (jobs that foreign companies have offshored into the US, cheaper imported goods, jobs created in export industries) and you're proposing solutions that would just trigger protectionist spirals and leave everybody poorer.
The answer's not micromanaging the hiring practices of large corporations, dum dum. It's a better welfare state.
Levying tax penalties on U.S. companies that outsource American jobs would lead to a spiral of protectionism?
depressing
time to donate to splc again
Sorry, Mr. President. Please surrender your BlackBerry.
Those are seven words President-elect Barack Obama is dreading but expecting to hear, friends and advisers say, when he takes office in 65 days.
For years, like legions of other professionals, Mr. Obama has been all but addicted to his BlackBerry. The device has rarely been far from his side — on most days, it was fastened to his belt — to provide a singular conduit to the outside world as the bubble around him grew tighter and tighter throughout his campaign.
“How about that?” Mr. Obama replied to a friend’s congratulatory e-mail message on the night of his victory.
But before he arrives at the White House, he will probably be forced to sign off. In addition to concerns about e-mail security, he faces the Presidential Records Act, which puts his correspondence in the official record and ultimately up for public review, and the threat of subpoenas. A decision has not been made on whether he could become the first e-mailing president, but aides said that seemed doubtful.
depressing
time to donate to splc again
Why? Jonah Goldberg tells me that racism was over as early as 1968 (http://thepoorman.net/2008/07/30/straight-up-racist-the-sucker-was-simple-and-plain/).
depressing
time to donate to splc again
Why? Jonah Goldberg tells me that racism was over as early as 1968 (http://thepoorman.net/2008/07/30/straight-up-racist-the-sucker-was-simple-and-plain/).
What do you think about her being SoS? Is it a good fit in your opinion, perhaps more so than Kerry or Richardson, or worse?
http://www.neogaf.com/forum/showthread.php?t=341786&page=2
We shouldn't do anything about offshoring? SMH. It's not just automakers getting laid off. It's people losing their programming jobs to India. At what point does the US say we're not cool with this?
Actually, I didn't accuse you of ignoring the problem there before I decided I didn't want to start this argument up again. I objected to your position that the U.S. government shouldn't introduce penalties for offshoring. With that said, here's a question: what would you propose we do about the loss of American middle-class jobs to poorer countries?how about you - but not just you, the collective consumer in america - decrease their preference for cheaper, outsourced goods? Which is pretty much everything, from electronics or foods, to service.
With that said, here's a question: what would you propose we do about the loss of American middle-class jobs to poorer countries?
I dunno, I got my job pretty easily after college, and I started at $60k. I work for a small software development firm of about eight people. I live in Philadelphia though, and the north-east probably has a much better job market than a lot of places. I can imagine that jobs in software development could be pretty hard to get if you live in certain areas. As far as the field as a whole goes, everything I can see points to it becoming less and less outsourced. Every article I read on project management are all saying the same thing; outsourcing software development doesn't work. I suppose as Agile and XP become more standard practices they're starting to realize that the model just doesn't work for outsourced development.
Can someone explain to me (a poor ignant furrner) how a state that creates so much wealth as California could possibly be losing so much money? Who stole the cheese?
Seriously, $25 billion is nothing. Attach it to the Card Check bill and nobody will notice.
The real interesting thing will be to see how he handles all these states and municipalities asking for bailouts. The mayors of Philly, Atlanta, and Phoenix all asked for a bailout today. California needs like $12 billion. I believe New Jersey needs some billions too.
I read that Congress won't pass another stimulus plan in the lame duck session. So, that means it'll have to wait until January when the new Congress is sworn in. Meanwhile Roubini says anything short of $600 billion will deepen and protract the recession.
The deficits in Obama's first term will easily push $3 trillion. Anyone still think that middle class tax cut is gonna happen?
Dog Days kind of sucked.
Is there any chance that the Democrat-led Congress gets rid of that distinguished mentally-challenged internet gambling ban that the Republicans managed to sneak through?
So you guys agree to take the retooling money and spend it otherwise? ???
Mr. Gramm says that, given what has happened, there are modest regulatory changes he would favor, including requiring issuers of credit-default swaps to demonstrate that they have enough capital to back up their pledges. But his belief that government should intervene only minimally in markets is unshaken.
“They are saying there was 15 years of massive deregulation and that’s what caused the problem,” Mr. Gramm said of his critics. “I just don’t see any evidence of it.”
Sure, why not? In fact I think that not only will the tax credits happen immediately, the rollback on the top bracket won't happen immediately. Nor will there be immediate capital gains increases. The Estate Tax will probably happen immediately, tho.
"Back in the 40's-60's, actors were taxed 90% of their income." My father in law always says this.
...aaaand the Dems caved to Lieberman. What a bunch of spineless fucking pussies.Obama asking for them to keep Lieberman killed any chane of him losing power. There way no way Reid would go against what obama wanted.
...aaaand the Dems caved to Lieberman. What a bunch of spineless fucking pussies.
Obama asking for them to keep Lieberman killed any chane of him losing power. There way no way Reid would go against what obama wanted.
fucking Lieberman, what the fuckI really really doubt he'll win re-election in 2012 at least.
go caucus with the Republicans you fucking fuckup
Another Clintonista.:lol
Change Mark and Elian can believe in.
so what are the odds on dems actually getting those 60 senate seats at this point?would rely on franken winning which is probably 50-50 at best. And then georgia which is likely near impossible to win sadly.
Martin will not win GA. If I have to go vote 5 or 6 times, then I'll do what I have to do. But, my state is not going to be responsible for #60.Martin won't win. And it doesn't matter. 59 is no different than 60 due to enough wavering republicans. On issues like judges there are enough anti-filibuster republicans to let Obama appoint whoever he wants without a worry.
59 isn't certain thought right? Franken is going to lose most likely, which means it'll be 58Again, 58 is the same as well. Like I said, there are enough republicans from blue states (the two maine girls for example) who will be too chicken to filibuster things like judges.
fucking Lieberman, what the fuck
go caucus with the Republicans you fucking fuckup
Shut up.Eh? I am just saying, liberals tend to give him more attention than he deserves. That Minnesota chick who wanted to investigate the patriotism of Congress has more significant than Newty.
GINGRICH: Look, I think there is a gay and secular fascism in this country that wants to impose its will on the rest of us
http://www.huffingtonpost.com/2008/11/19/bachmann-trashes-obama-ca_n_144917.html
SIGH - if only because shes partly right. I see more reaching across internal party lines than out to the publicans
http://www.huffingtonpost.com/2008/11/19/bachmann-trashes-obama-ca_n_144917.html
SIGH - if only because shes partly right. I see more reaching across internal party lines than out to the publicans
The GOP reactions to the developing Obama cabinet are quite comical, really. They're playing the "omg this isn't what CHANGE looks like!" card, never once realizing that the change people wanted wasn't a bunch of neophytes running things or university professors or even aliens- the change people wanted and voted for was NO MORE REPUBLICANS RUNNING THINGS. And we're getting it, thank you very much.
jesus. i knew gingrich was an overrated twat but not this hateful of individual rights and for bigotryQuoteGINGRICH: Look, I think there is a gay and secular fascism in this country that wants to impose its will on the rest of us
Duh! Only christians are allowed to impose their will on the rest of us. The nerve of them gays. ::)
http://www.washingtonpost.com/wp-dyn/content/article/2008/11/18/AR2008111802886.html
Al-Zawahri issued a statement calling Obama a "house negro". Double yoo tee eff.
The evangelical movement is waning in the US and has been since 2004.
The evangelical movement is waning in the US and has been since 2004.
http://www.youtube.com/watch?v=k6Y_ncOVlDwHe looks kinda depressed
:-\
:'( :lol @ Bush glancing at his feet/looking all nervous when he walks near MerkelMerkel said she'd let Obama give her a shoulder rub. :lol Poor Bush.
http://www.youtube.com/watch?v=k6Y_ncOVlDw.
:-\
Bush makes everyone else look good. Even Chavez.
http://www.youtube.com/watch?v=k6Y_ncOVlDwwhawt the hell are you :-\ about
:-\
The Obama's support public schools so much that they've decided to send their kids to DC's ritziest private school. Hopenchange...except when it comes to walking the talk.Except the public schools in their district in DC are horrible. What do you expect?
The Obama's support public schools so much that they've decided to send their kids to DC's ritziest private school. Hopenchange...except when it comes to walking the talk.
are the right wing talking heads really picking up on Obama sending his kids to private school? Because a few weeks ago they were calling him a socialist.
....durrr......
Looks like Rep. Raul Grijalva is going to get picked for Interior Secretary. He's a flaming liberal and As a bonus, he'll likely backdoor torpedo that odious border fence for environment reasons (and damn rightly so,it's an environmental disaster waiting to happen in one of the most environmentally sensitive areas in the country).
President-elect Barack Obama has yet to attend church services since winning the White House earlier this month, a departure from the example of his two immediate predecessors.
On the three Sundays since his election, Obama has instead used his free time to get in workouts at a Chicago gym.
dragged to the taiga:rofl :rofl :rofl
obama already making the right calls:AmenQuotePresident-elect Barack Obama has yet to attend church services since winning the White House earlier this month, a departure from the example of his two immediate predecessors.
On the three Sundays since his election, Obama has instead used his free time to get in workouts at a Chicago gym.
gym > church . That's change we can believe in.
Bo bo bo bo the brown skinned folk are comin' over here to do manual labor for five bucks an hour! It ain't RIGHT!
What goes on in the barn, stays in the barn at the Beardo Ranch.
I love how Beardo makes some assumption that his shithole area outside of El Paso is the same thing as the Rio Grande riparian corridor, one of the most biologically productive and ecologically diverse areas in the entire country.
BTW, my wife has a master's degree in wildlife biology, my father has a degree in environmental engineering, and we all sit around and talk "shop" all the time. You don't know shit about ecosystems, fuckwit.
BTW, my wife has a master's degree in wildlife biology, my father has a degree in environmental engineering, and we all sit around and talk "shop" all the time. You don't know shit about ecosystems, fuckwit.
:lol :lol You're using the "I have a ___ friend argument"
btw, since you are mr. pro on environmental issues now on the board, please name two avian or mammal species that live on Western sagebrush habitat that are threatened by propsed gas/oil extraction, and why they are so.
You're using the "I have a clue, really" argument. :lol :lol :lol
Soooooo when was the last time you went to the rio grande?
Soooooo when was the last time you went to the rio grande?
summer of 2005, did a streak of birding starting at Corpus down the coast to Brownsville and then to McAllen. Want pics?
Statement->Snark->Pwnage->JK Parachute at its finest.
Mmmm hmmm.
It's just that you haven't presented a single point to support your implicit thesis (that the border fence doesn't impinge on one of the most environmentally sensitive areas). You could do that by say listing more environmentally sensitive areas or dropping some science when Frag credential-slaps you, but instead you're taking the George Aiken approach.
Just saying.
You could do that by say listing more environmentally sensitive areas
Back to illegal immigration - my main problem is that it makes it impossible to impose standards on the people we're letting into the country. I really don't have a problem with immigrants from any country so long as they gain a basic level of proficiency in English and learn a bit about our country's history. English is really the sticking point for me. If someone isn't willing to put in the work to learn the national language so that they can communicate with their fellow Americans, they shouldn't get to stay in the country.
I don't like Saxby either. But, the threat of 60 forced me to vote for him. Not sure if I'm voting Tuesday though cuz I agree its pretty safe.
Bonus shorter siamesedreamer: "Extraordinary circumstances specific to this election have forced me to vote against the Democrat!"
Pretty much. With 58 seats the dems will almost always get at least 2 republicans to stop any filibuster, too many blue state republicans who fear for their political lives.I don't like Saxby either. But, the threat of 60 forced me to vote for him. Not sure if I'm voting Tuesday though cuz I agree its pretty safe.
The whole 60 thing is more symbolic than anything else. Republicans that want to stop the Evil Far Left Abortio-Socialist Homo Agenda should be more worried about Olympia Snowe, Susan Collins, Arlen Specter, some guy named McCain and Norm Coleman if he manages to get re-elected. Be ESPECIALLY worried about Specter if he really does intend to run for re-election, because that state is getting bluer by the day.
when obama formed his exploratory committee?
sounds fishy to me
http://www.huffingtonpost.com/2008/12/02/jon-stewart-msnbc-is-the_n_147629.html -- hahawhenever I watch MSNBC and they run that whole "Watch MSNBC and experience the power of change." thing I always cringe. So blatant.
It may end up passing, but it'll be overturned by the Supreme Court.If it was guaranteed to be overturned by the Supreme Court Obama wouldn't sign the bill.
http://www.huffingtonpost.com/2008/12/02/jon-stewart-msnbc-is-the_n_147629.html -- haha
card check?It shouldn't be. Who cares if unions don't want secret ballots. It isn't a government ran election, let them do what they want. Caucus's for primaries aren't private ballots and you don't see Republicans going batshit insane about it.
the union thing?
is this really a concern?
card check?
the union thing?
is this really a concern?
card check?
the union thing?
is this really a concern?
The majority of the workers in America just don't give a shit about unions.
The majority of the workers in America just don't give a shit about unions.
That will change when the union goons start the beat downs, slashing tires, harrassing phone calls, etc., etc. cuz there's no longer a secret ballot and they know who's voting against them.
Sources tell ABC News that officials on the Obama Transition Team feel that before he was formally offered the job of commerce secretary, New Mexico Gov. Bill Richardson was not forthcoming with them about the federal investigation that is looking into whether the governor steered a state contract towards a major financial contributor.
Gosh you just grasp for straws don't you
A developer in New York state donated $100,000 to former President Bill Clinton's foundation in November 2004, around the same time that Senator Hillary Rodham Clinton helped secure millions of dollars in federal assistance for the businessman's mall project.
4 years of Republicans having seizures over everything= :hyper
President-elect Barack Obama's appointed successor was turned away when he appeared at the U.S. Capitol to take his seat. Roland Burris announced the decision to deny him the seat as he stood before a large throng of reporters and cameras in the rain outside the Capitol building. Speaking just an hour before the convening of the 111th Congress Tuesday, Burris said he was looking at a host of options for getting the seat.
President-elect Barack Obama took big money from a man at the center of a federal probe that has forced one of Obama's top Cabinet picks to withdraw.
Financial records show the Obama campaign got more than $30,000 from California financier David Rubin, the target of an investigation into donations and possible "pay-to-play" deals involving New Mexico Gov. Bill Richardson, Obama's pick for commerce secretary.
Still, it is pretty naive for there not to be a degree of corruption for the Democrats.
http://politicalticker.blogs.cnn.com/2009/01/07/porn-industry-seeks-federal-bailout/
:'(
http://politicalticker.blogs.cnn.com/2009/01/07/porn-industry-seeks-federal-bailout/
:'(
We considered multipliers for the case where the federal funds rate remains constant, rather than the usual case where the Federal Reserve raises the funds rate in response to fiscal expansion, on the grounds that the funds rate is likely to be at or near its lower bound of zero for the foreseeable future.
All I see is people flippantly disparaging SD instead of talking about what he is bringing to the table.
text and/or chart(s) presenting economic and/or fiscal data over a long time span in non-inflation-adjusted currency
Quote from: Night Mantext and/or chart(s) presenting economic and/or fiscal data over a long time span in non-inflation-adjusted currency
I will hate you forever
The bars at the bottom of the charts show the political parties. The top bar is the president, the middle bar is the house majority, the bottom bar is the senate majority. Orange is Republican, blue is Democrat.
OBAMA: I think that we have to so weaken his infrastructure that, whether he is technically alive or not, he is so pinned down that he cannot function. My preference obviously would be to capture or kill him. But if we have so tightened the noose that he's in a cave somewhere and can't even communicate with his operatives then we will meet our goal of protecting America.
"We will kill bin Laden. We will crush al Qaeda. That has to be our biggest national security priority," Obama said during the presidential debate on October 7.
All I see is people flippantly disparaging SD instead of talking about what he is bringing to the table.
It's probably briefings. He has to know SOMETHING now since he is getting the same info as Bush as of Nov 5th. Either Bin Laden is dead or well something.Quote"We will kill bin Laden. We will crush al Qaeda. That has to be our biggest national security priority," Obama said during the presidential debate on October 7.
http://www.cnn.com/2008/POLITICS/11/12/binladen.hunt/index.html (http://www.cnn.com/2008/POLITICS/11/12/binladen.hunt/index.html)
Pretty obvious his intelligence briefings since the election have snapped him back to reality.
In other words, talk is cheap - especially in an election.
(http://latimesblogs.latimes.com/washington/images/2009/01/14/obamaofficialfoto.jpg)
I'm predicting that Biden will probably be the brains behind this administration. That's the main reason I voted for Obama anyways.That makes almost no sense at all. Biden's role is being severely restricted compared to Cheney's. Biden himself claims Cheney had too much power.
wtf? I'm not saying that Obama will be his puppet but that Biden was the most qualified candidate for president. Obama probably picked him because he has actual experience and relationships with lots of people in Congress. That makes him a kind of useful guy. At least that's the reasoning that Obama gave to Biden to convince him to be VP.Yeah I agree with that. But that is a whole lot different than claiming Biden is going to be the brains behind the white house.
Yeah I agree with that. But that is a whole lot different than claiming Biden is going to be the brains behind the white house.being the brains doesn't mean you have the power.
Eggheads don't always make the best 'anything'.
One of [Rumsfeld's] shticks—if I can call it that—at the nato meetings was always about caveats. He would pronounce the word “caveat” the way you and I might speak of some sort of sexual deviation. You know, people who had “caveats” were really evil, bad people.
Kishore Mahbubani, Singapore’s former ambassador to the United Nations: The Chinese never said so, because they are the best geopolitical strategists in the world, but it was immediately obvious that with 9/11 the U.S.-China relationship improved. The Chinese were smart. They didn’t put any real obstacles in the way of action in Afghanistan, and even if they strongly opposed the war in Iraq, they did so in a way that minimized the difficulties for the U.S. I saw that firsthand, in the period after the invasion was over, when the U.S. needed a Security Council resolution to get the oil sales flowing again. They got the resolution, and I remember asking a U.S. diplomat which country had been most helpful in getting the resolution passed. China, he replied. That 2003 resolution was a double win for the Chinese leaders: they obtained valuable political goodwill from the Bush administration, which translated into gains on the Taiwan issues, and they helped to ensure that American troops would remain bogged down in Iraq for a long time.
The Chinese have been brilliant in playing the Bush years. Asia is one part of the world where many will see George Bush in a positive light, although not necessarily for the reasons he may have wished.
Lawrence Wilkerson, top aide and later chief of staff to Secretary of State Colin Powell: The Cheney team had, for example, technological supremacy over the National Security Council staff. That is to say, they could read their e-mails. I remember one particular member of the N.S.C. staff wouldn’t use e-mail because he knew they were reading it. He did a test case, kind of like the Midway battle, when we’d broken the Japanese code. He thought he’d broken the code, so he sent a test e-mail out that he knew would rile Scooter [libby], and within an hour Scooter was in his office.
http://www.vanityfair.com/politics/features/2009/02/bush-oral-history200902
this is pretty goodQuote from: Canadian foreign minister Bill GrahamOne of [Rumsfeld's] shticks—if I can call it that—at the nato meetings was always about caveats. He would pronounce the word “caveat” the way you and I might speak of some sort of sexual deviation. You know, people who had “caveats” were really evil, bad people.
lulz
· How funds are spent, all announcements of contract and grant competitions and awards, and formula grant allocations must be posted on a special website created by the President.
stimulus plan specifics so far
http://www.talkingpointsmemo.com/news/2009/01/summary_american_recovery_and_reinvestment.php
*bookmarked*
Lawrence Wilkerson, top aide and later chief of staff to Secretary of State Colin Powell: Cheney brings this accumulation of power and ability to influence the bureaucracy to a fine art. He surpasses Kissinger even. This is all the more ironic because Cheney was the antithesis of this when he was chief of staff of the White House under Gerald Ford and when he was secretary of defense. He was very deferential. He was not trying to insinuate himself.
But he turns everything on its head and he becomes the power. And he does it through his network. This is a guy who’s an absolute genius at bureaucracy and an absolute genius at not displaying his genius at bureaucracy. He’s always quiet.
So are most of his minions, not all of them. [David] Addington [the vice president’s counsel] is brilliant, and Addington is a strange beast, and Addington is sort of the Ayman al-Zawahiri for Cheney, the brains trust. [Chief of Staff Lewis] Libby was the doer. Libby was a real bureaucrat’s dream.
money for you: yay government
money for everyone else: boo government
?
money for you: yay government
money for everyone else: boo government
?
The government wouldn’t be able to spend at least one-fourth of a proposed $825 billion economic stimulus plan until after 2010, according to a new report that suggests it may take longer than expected to boost the economy.
A Congressional Budget Office analysis of President Barack Obama’s plan found that most of the approximately $355 billion in proposed discretionary spending on highways, renewable energy and other initiatives wouldn’t be spent before 2011. The government would spend about $26 billion of the money this year and $110 billion more next year, the report said.
About $103 billion would be spent in 2011, while $53 billion would be spent in 2012 and $63 billion between 2013 and 2019, the report said. Republicans said the analysis showed that the plan, unveiled last week by House Democrats, won’t get money into the economy quickly enough.
I was kinda hoping that now that Barack al-Jihad is now President that we no longer have to hear the name "Dick Cheney" anymore.
About $103 billion would be spent in 2011, while $53 billion would be spent in 2012 and $63 billion between 2013 and 2019, the report said. Republicans said the analysis showed that the plan, unveiled last week by House Democrats, won’t get money into the economy quickly enough.
This is cool, Presidential approval ratings throughout recent history: http://online.wsj.com/public/resources/documents/info-presapp0605-31.html (http://online.wsj.com/public/resources/documents/info-presapp0605-31.html)
The most efficient way to get money back into the economy is a (temporary) reduction in payroll tax across the board. Congressional Democrats will never do it because it would leave out some of their core constituents.
WASHINGTON — Americans overwhelmingly want Congress to pass an economic stimulus bill, a USA TODAY/Gallup Poll finds, but expectations are low that it will have much of an effect on their own finances or turn the economy around this year.
About two-thirds of those surveyed predict that a package would make the nation's economy a lot or a little better. When it comes to their own family finances, however, just over half say it either would have no effect or even make things worse.
"It's sort of paradoxical: They're both supportive and pessimistic," says Charles Franklin, a political scientist at the University of Wisconsin at Madison who studies public opinion. Still, "you have your political leaders saying this is going to be a long process, so maybe it's not so surprising that voters would pick up the idea that there's no quick fix."
That pragmatic attitude could give President Obama some breathing room to show results after passage of a stimulus. By 85%-15%, Americans say the package will take longer than this year to improve the economy.
There are divisions over just what the package should include. While just 17% of those surveyed say Congress should reject a stimulus bill altogether, the rest are divided almost evenly over whether Obama's plan should be passed as proposed or undergo major changes.
The housing market is so locked up, AT ALL LEVELS, you need to add some grease somewhere. You really think a mere 15k tax credit is going to influence someone to buy an overpriced home (in the +400k range)?!
No. But it could nudge the people to buy the 100-200k homes and are currently languishing on the market for a year+.
Or how does it help a smuck like me who bought his house 5 years ago and probably owe more than it is worth now. Any bank going to renegotiate that?
Or how does it help a smuck like me who bought his house 5 years ago and probably owe more than it is worth now. Any bank going to renegotiate that?
Sure it is. Offering people an incentive to buy something, in the form of the government giving them money (or interest-free loans or loan guarantees or insurance), is subsidizing that product.
wow, where did that housing bubble chart come from?
wow, where did that housing bubble chart come from?
IF ONLY THERE WERE SOME HINTS INCLUDED ON THE CHART, LIKE A PARAGRAPH TELLING US WHO MADE IT OR INFORMATION ON WHERE IT WAS PRINTED.
Is offering a 15k tax credit really "subsidizing housing"?
Or how does it help a smuck like me who bought his house 5 years ago and probably owe more than it is worth now. Any bank going to renegotiate that?
Some people are just walking away from houses like that.
That's the danger of letting house prices fall even further than they are now. It will trigger off another wave of bank bailouts to cover the new toxic debt.
The US Treasury on Wednesday opened the floodgates of government bond issuance, revealing plans for a record debt sale in February and more frequent auctions in the months to come.
The announcement came amid growing fears about US government deficits and sent the yield on the benchmark 10-year Treasury note rising to 2.95 per cent, up from just over 2 per cent at the end of December.