Politics

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  • IRNlun60

    “When you look at this final agreement that we came to with the white House, I got 98 percent of what I wanted. I’m pretty happy.” - House Speaker John Boehner (R-OH)

    http://www.google.com/finance

    FAA Shutdown while Congress is on vacation

    http://news.yahoo.com/faa-shutdo…

    Neoconservative economics at its finest.

    • Very few senators & congressmen give a shit about anything but their manueveringlocustsloth
    • On both sides. Fuck 'em. Fire 'em all. 2 yr term limitslocustsloth
    • I agree with you both. FIRE THEM! Limits are required.
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    • There's currently a 2yr term limit for Congress, 6 for Senate. I'm putting this squarely on the shoulders of Congress.IRNlun6
    • Europe is going through major economic issues. Teaching the country a lesson on spending from a party who did most of the spending isn't exactly inspiring.IRNlun6
    • the spending isn't exactly inspiring.IRNlun6
    • if you take the promise of a career out of politics, it returns to being a civil service, which is goodlocustsloth
    • I agree, but that I'm afraid will take generations to change. Right now, we have to deal with a two party system.IRNlun6
    • I'm interested to see which party major contributors will choose. Which party do they feel can help foster a confident and prosperous market.IRNlun6
    • and prosperous market.IRNlun6
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    A temple built on lies will crumble!

    'Nuff said...

    • explain the reference in context to the AIDS article and how either relate to politicslocustsloth
    • i'm a godless heathen and am unfamiliar with the Christian mythslocustsloth
    • I already did dude. I said there was overlap, the WHO did the study.
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    • ever watch the nightly news, that kind of stuff is all over the place.
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    • Why is this interesting to you? Do you have a viewpoint on this?
      – locustsloth1/7
      hiv google alert
      – BonSeff2/7
      yes, I find it interesting. AIDS epidemic.
      – popfodders3/7
      But how does it relate to politics?
      – locustsloth4/7
      The study was done by WHO, so there is overlap.
      – popfodders5/7
      That is a tenuous connection at best. What about this articlel is political?
      – locustsloth6/7
      I tell you what, if an HIV victim can't get access to drugs because of some Islamic state, yes, politics comes to play
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    • I tell you what, if an HIV victim can't get access to drugs because of some Islamic state, yes, politics comes to play
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    • good enough answer for you?
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    • and this post was a reference to the Obama administration, but I think it went over your head
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    • Well it did in the way that in Genesis the tower of babel didn't fall and had nothing to do with lieslocustsloth
    • Babel was a place where all the worlds people gathered and spoke the same language, until god scattered them and confused their tongueslocustsloth
    • confused their tongueslocustsloth
    • So, if it's a reference to Obama, how so? Even in your context, what lies?locustsloth
    • true, you are right, bad visual example. And see, you do know the Bible. not that I really do.
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    • naw, i just know how to google :)locustsloth
  • drgs0

    Faster! faster! Faster!

  • Ramanisky20

    Republicans are idiots (Bachman, Palin, Gingrich, Santorum, Boehner) backed and paid for by Corporations and the Democrats are a bunch spineless pussies who talk a big game only to back down from the big bad Republicans ...

    popfodder, I'll be your friend.

    • Dems are also funded by corps in some caseslocustsloth
    • it's becoming very blurry in my eyes, seems all the same, which is scary.
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  • PonyBoy0

    SELL! SELL! SELL!

    • I've taken a pretty big hit in the past couple weeks but I'm not locking in my losses.IRNlun6
    • Decisions to be made in Europe in the next couple weeks should (hopefully) calm things down.IRNlun6
  • fooler0

    would now be a good time to buy stocks or are they going to go lower?

    • depends on you buy the cheap knee highs, how fast they go lower
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    • ...
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    • twat did you say?fooler
    • that's a fun analogy. ...plash
  • aldebaran0

    Rule number 1 : Don't try too time the market.

  • TheBlueOne0

    The US is at the point of liquidating its domestic infrastructure to maintain a grotesque commitment to a bloated war machine. Some historical parallels should be apparent.

    This would be the scene in the play when the Empire is about to fall.

    • its a tuff fucking pill. unless you are a koch broBonSeff
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    wtf its obama's 50th B day today. that is young for president, i had no idea he wasn't even fifty. I think being a corrupted corporate stooge only gets worse with age.

    • I heard he turned 50 despite harsh Republican opposition </snark>TheBlueOne
    • heh
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  • TheBlueOne0

    I have a bet with a friend. My friend is a lifelong Republican, worked in banking and finance for the last decade. We argue politics all the time. He calls me a "lefty" and unrealistic.

    The bet is this: I said Obama is a one term president. Especially after this debt ceiling debacle.

    He said : I don't understand the system. Obama is a lock for 2012.

    He's the Republican. I'm the lefty independent. He wants Obama to win. I want Obama to lose.

    Crazy fucking times.

    The winner gets a bottle of 16 yr Lagavulin Single Malt

    • *I'm probably going to loseTheBlueOne
    • I have to say he seems like a shoe in no matter what. i have no personal preference either way however
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    • I admit it, he'll probably win, but for NO good apparent reason. Should be a helluva lot closer though, he ain't
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    • popular, that's for sure. It's just tough to beat an incumbent.
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    • i hope you lose.johnny_wobble
    • Well...in one sense I hope I lose too...but on the other hand...fuck it..TheBlueOne
  • BonSeff0

    TBO, maybe you can dumb this down for me because I am def. no economist - how the hell did japan gain the leverage to own so much of our debt? i get china, they have the labor force, they have the inland factories, but japan is such a small land mass.. that shit is pretty incredible to me

  • BonSeff0

    also i think it is interesting how china gets so much shit about owning our debt when japan flies under the radar and they own a significant amount..

    • Who owns most of our debt ?mikotondria3
    • WE do, that's right - the top 5% that are paying historically low taxes have been lending that money to the govt. Fix up or ?mikotondria3
    • help me out with some figures, homie.BonSeff
    • yes, makes me think, why the fuck are we trying to help Japan.
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    • You really have no concept of history or reality do you?TheBlueOne
    • Of course I do dickface. Could care less
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    • Then perhaps you could describe for the class the post war relationship between US-Japan and why it's important?TheBlueOne
  • BonSeff0

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    Seriously, are you fucking kidding me? USAID money on a giant credit card through the State Department on the US Tax Payer buck?

    You guys should be up in arms because it's definitely not a separation between church and state, no!?!?!

    Good enough explanation for you TheBlowHard? Why are you and I paying for this shit?

    • excuse me while I ignore your bullshit posts and address Bonseffs question above.TheBlueOne
    • Holy shit is this a big turd of a story. Their Muslim "expert" is a woman who is no longer Muslim and writes books critical of Islamlocustsloth
    • And then they title her as 'human rights activist'. The only 'other side' to this story was the letter, which was quickly discounted by their 'expert'locustsloth
    • their 'expert'. What a fucking farcelocustsloth
    • maybe it is slight sensationalism, but I bet there's some validity to it as well
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    • Valid only in the bare bones: USAID is using tax monies to restore mosques as a relations effort. Everything else is speculation and rhetoriclocustsloth
    • speculation and rhetoriclocustsloth
    • Seems like a waste of $, even if it is being used to bargain on certain interests.
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    • Well, then you could say (as this story alluded to) that any money not spent in or on the US is a wastelocustsloth
    • Which we both know is not truelocustsloth
    • we also know how much of our money was used by bus for "faith-based initiatives"74LEO
    • 3 words for popfodder
      "FAITH BASED INITIATIVE"
      74LEO
  • TheBlueOne0

    "I am def. no economist - how the hell did japan gain the leverage to own so much of our debt? " - bonseff

    I'm no economist either, my degree was in comparative politics. But I was in college during the late 80's early 90's. The big economic menace then? Japan. At least according to the Milton Friedman/Chicago school. They of course got it wrong. You had books like this:

    http://www.amazon.com/Coming-War…

    Silly in retrospect.

    But Japan was a very wealthy country by essentially playing the role that CHina does now for a good portion of the late 50's through the 70's. Japan built a huge economy on increasingly innovative products and cheap manufacturing. What you'll notice is that since the US has the global reserve currency anyone with growing assets tends to put those holdings into dollars or US assets as they are deemed "safe" in the long term. Also Japan had a huge real estate bubble fueled by it's banks in the late 80's through early 90's. (sound familiar?) It was during this point when Japan also acquired alot of US assets as companies turned what became useless, overvalued Tokyo real estate investments into cash and then into investmests in the US. Japan also dumped alot of money into useless and really ugly infrastructure projects to keep the economy from overheating at the time (the way China is doing now btw).

    Japan is still the world's 3rd largest economy, but thats been slipping and will probably continue to do so. As Japan's economy cooled after it's real estate bubble in the 90's China has become the increasing primary buyer of US investments as assets for the same reason - the apparent safe (ROI) nature of assets of the global reserve currency holder.

    Same way a small nation like Britian became an empire - the Pound was the reserve currency for quite along time before it was superceded by the US$. Geographical size doesn't necessarily scale to economic might per se. Population and demographics have a huge role as well.

    So essentially getting rich off of a lucrative manufacturing base in one phase, then when that cooled, making huge profits off inflated real estate values - and then dumping all the reserves into US investments (bonds, treasuries, real estate) to retain value is how Japan got to be major holders of so much US debt. Now they are forced to continue to buy into and prop up the US debt to retain the value of their own investments.

    Like the saying goes - "I owe you $10,000 that's my problem. I owe you $1 billion dollars, that's your problem."

    • "Comparative politics", then what the fuck are you doing hanging out on a design website for flashing your
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    • political wares, Jesus fucking Christ dude... if you're so damn smart, and want to show off head over to a Politics site
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    • I'm pretty sure you'll be able to circle jerk over at CNN Blog comments and fight at Fox, but maybe you're afraid, lol!
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    • because I gave up academics for a highly lucrative career in front end web design.TheBlueOne
    • it was the 90's and the web was far more exciting than the bullshit that was in DC at the time...TheBlueOne
    • gracias, señorBonSeff
    • That's just a back of an envelope answer. Probably do some more reading online to get a better handle BonseffTheBlueOne
    • better yet, read into "Chicago Democratic Corruption", then look at Obama
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    Here's The Problem With This Market Crash...


    http://www.businessinsider.com/h…

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    ^


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    Stocks erase early jobs-fueled gains
    http://money.cnn.com/2011/08/05/…

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    John Kerry: Media Has "Responsibility" To "Not Give Equal Time" To Tea Party


    http://www.realclearpolitics.com…

    And the hypocrisy continues...

    • what he actually said is not what you (or the article title) are saying he said.locustsloth
    • What he said can (and should be) applied to any absurd idea from either extreme side of the aislelocustsloth
    • why so? in your opinion that is...? Seems like BS to me
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    • who cares! that pic is great! :Dpizzafire
    • Why so? Why SHOULD the media give equal time to groups/people who are touting lies as fact?locustsloth
    • So the guy who served in the military and killed and got injured for his country is a hypocrite?TheBlueOne
    • I love the rightwing hypocrisy. Cheney, who is wealthier and ran away from the military is a patriot. Got it.TheBlueOne
    • But Kerry has champagne bottle and is a chees eating surrender monkeyTheBlueOne
    • yes, you got it right for once
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    Food stamp use rises to record 45.8 million



    http://money.cnn.com/2011/08/04/…

    NEW YORK (CNNMoney) -- Nearly 15% of the U.S. population relied on food stamps in May, according to the United States Department of Agriculture.

    The number of Americans using the government's Supplemental Nutrition Assistance Program (SNAP) -- more commonly referred to as food stamps -- shot to an all-time high of 45.8 million in May, the USDA reported. That's up 12% from a year ago, and 34% higher than two years ago.

    Ahhhhhhhhh entitlement, must be nice....!

    • Lazy ass, uneducated fat motherfuckers.
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    • No, it's not nice. If you are making so little that you qualify, it means you are not in a good place.locustsloth
    • in addition to that there is the negative stigma (which you propagate here) of accepting assistancelocustsloth
    • It's clear you do NOT know what the fuck you are talking aboutlocustsloth
    • even in my current situation, I do not qualify for it and wouldn't want it. People should be ashamed
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    • Again, you do NOT know what the fuck you are talking aboutlocustsloth
    • UHmmm right pal, the numbers don't lie, wtf are you smoking dude
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    • up 12% in a single fucking year!? Entitlement president.
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    • oh SNAP! :)
      yeah, must be nice to be so poor you can't buy food.
      johnny_wobble
    • ask the recipients or the lazy fucks
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