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Moxnix
Posted on Thursday, August 04, 2011 - 06:19 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

The sources of annoyance we reap from Obama's Marxism; the poverty we reap from DC's boondoggles.
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Glitch
Posted on Thursday, August 04, 2011 - 06:31 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

From the Washington Post:
U.S. debt shot up $239 billion on Tuesday — the largest one-day bump in history — as the government flexed the new borrowing room it earned in this week’s debt-limit increase deal.
The debt subject to the statutory limit shot way past the old cap of $14.294 trillion to hit $14.532 trillion on Tuesday, according to the latest the Treasury Department figures, which are released on the next business day.
That increase puts the government already remarkably close to the new debt limit of $14.694, which means one day’s new borrowing ate up 60 percent of the $400 billion in space Congress granted the president this week.
[...]
The previous one-day record debt increase was $186 billion, set on June 30, 2009.
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Ft_bstrd
Posted on Thursday, August 04, 2011 - 06:35 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Do any of you really believe that what is happening isn't precisely to plan?


We have the Cloward-Piven President. He talks about "creating jobs" and "growing the economy" only to keep us from seeing what the left hand is doing.
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Sifo
Posted on Thursday, August 04, 2011 - 06:36 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Glitch, that's why I posted this "updated" chart of Debt to GDP ratios.

You can clearly see how it spiked upward right as Bush left office clearly demonstrating that Bush is to blame.
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Doerman
Posted on Thursday, August 04, 2011 - 06:41 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Quite a century this is turning out to be:

Dot.com bubble burst - 2001
housing bubble burst - 2008
US government bubble bursts - 2013


Who's fault?
One hundred senators, 435 congressmen, one President, and nine Supreme Court justices equates to 545 human beings out of the 300 million are directly, legally, morally, and individually responsible for the domestic problems that plague this country.
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Sifo
Posted on Thursday, August 04, 2011 - 06:45 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

It's Bush's fault. I heard BO say so.
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Kenm123t
Posted on Thursday, August 04, 2011 - 06:48 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Did you see Martin Bashir and Stanton Peele describe tea part members.
Court when Columbia is leveled please provide a list of noncrazy proffs to tell to stay home that day.
What ever school that fool came from needs to defunded and its Money given to the military or NASA.
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Court
Posted on Thursday, August 04, 2011 - 07:03 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

I am sad to admit that both the Comedian-in-Chief and his sidekick Holder are fellow alums.

I am, as you may well suspect, in a distinct minority ( I don't mean that in a racist way) among faculty.

We have, at present, idiots .... Well educated, but nonetheless idiots .... At the controls. 

I git really scared recently. I was at a faculty function (when you have a $4B endowment, you get great booze) and spoke to another Professor.  Scary part is that some of them truly believe this redistribution crap.

Word got around about my "alarming outburst" at the hearings to debate allowing ROTC back on campus after they were kicked off for not allowing gays.

My language was "salty"...... I sounded "like an ex-Marine"

Duh
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Ulyranger
Posted on Thursday, August 04, 2011 - 07:16 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

"I git really scared recently. I was at a faculty function (when you have a $4B endowment, you get great booze) and spoke to another Professor. Scary part is that some of them truly believe this redistribution crap."

...but wouldn't a senior Prof in any major University be in the "haves" column? Or they must just think it'll be someone else's money.........

It is scary how dumb some smart people can be....


"give them the wealth, give them the wealth"
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Sifo
Posted on Thursday, August 04, 2011 - 07:21 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

I wish these well-to-do folks that want to share the wealth would lead by example. It's very easy to give extra money to the government if you wish to.
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Court
Posted on Thursday, August 04, 2011 - 08:04 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Nekkai will be opening soon ....... I'm driving through Columbia, MO .... SCU has 2 screens open trading away. The word "technical correction" just came up....this is gonna be a wild ride.

Obamas power and influence are tanking more than the market.
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Glitch
Posted on Thursday, August 04, 2011 - 08:22 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Obamas power and influence are tanking more than the market.
Here's a link for ya Court
http://newsbusters.org/blogs/noel-sheppard/2011/08 /03/arianna-huffington-nobody-believes-obamas-top- priority-jobs-its-getti
Enjoy
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Cityxslicker
Posted on Thursday, August 04, 2011 - 08:32 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

the great move is on. coupled with fears and announcement that HSBC is thinning its heard of employees and pulling back reins on expansion and investments. the EU is a blaze with currency dumps. Greece, Italy and Ireland - going to be a rough week.
The UAH is trading well .... against the Dinar. well that sucks.
The inflationary rate of the Dollar just bilked up 2 points overnite in Ukraine proper, welcome to the new next round of nobody is watching the ball.

can I call and put a bet into Vegas as to when the first exec takes a header ?
I like next Tuesday.
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Moxnix
Posted on Thursday, August 04, 2011 - 09:15 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

I only show up on this thread hoping some of Court's chronic optimism will rub off.
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Ft_bstrd
Posted on Thursday, August 04, 2011 - 09:44 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)







Is it too late to get Hillary instead?
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Court
Posted on Thursday, August 04, 2011 - 10:16 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Asia is down 4% ....... Roller coaster ain't started down yet ......and when you se Gold going down at the same time ..... This is scary stuff.

But ........ I'm going to treat it like THE buying opportunity of my lifetime.
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Gregtonn
Posted on Thursday, August 04, 2011 - 10:45 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

"True leadership lies not in placing blame, but in creating solutions to difficult problems."_Greg Tonn


... I sounded "like an ex-Marine"

My Marine friends and relatives tell me there is no such thing as an "ex-Marine".

G
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Court
Posted on Thursday, August 04, 2011 - 10:53 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Your friends are correct. Explains My behavior some 30 years after discharge.

Nekkei down 3.4%

Heng Seng down 4.4%

Just flipped over 1,000 miles for the day.....PA to Topeka ....we've been monitoring all the way. What ride!!

Tomorrow's unemployment figures will be interesting.

Today's news was more folks on food stamps than anytime in history.

And ........

Your Congress is taking a holiday and the President is going to head off on a fantasy bus tour campaign sweep of the Midwest.

They should be ashamed ..... This could get ugly.
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Moxnix
Posted on Friday, August 05, 2011 - 12:04 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

May I buy my way into an Obama fundrais dinner w/ food stamps?
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Boltrider
Posted on Friday, August 05, 2011 - 12:04 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Well, at least Obama's upcoming bus tour of the midwest will give folks plenty of chance to obtain some more hope/change bumper stickers!
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Court
Posted on Friday, August 05, 2011 - 12:12 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

My wife has a bumper sticker but th wording is a tad different.

: )
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Cyclonedon
Posted on Friday, August 05, 2011 - 04:13 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

I still think there is some more work to be done in Washington DC in fixing the tax loopholes.

http://www.huffingtonpost.com/2011/08/04/irs-incom es_n_918458.html
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Ulyranger
Posted on Friday, August 05, 2011 - 07:19 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

So I'm supposed to be upset over 1,400 people that did not pay any Federal Income Tax? Really?

Screw the 1,400, I'm more concerned that 49% of ALL Americans don't have any skin in the game.
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Cityxslicker
Posted on Friday, August 05, 2011 - 10:03 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

not only do they not have any skin in the game, they are exactly the ones on the dole of entitlements, sections, grants, community service awards, waivers, subsidy and ramping up the utilization in ER, Pub School, etc ... they are driving the economy, even if it is into the other ditch - it is still not progress !
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Sifo
Posted on Saturday, August 06, 2011 - 09:11 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

And we have had our credit rating downgraded.

IMPEACH BUSH!
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Ft_bstrd
Posted on Saturday, August 06, 2011 - 10:05 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

All of the bull shit about avoiding the default to keep from being down graded was meaningless.

Obama and his ilk are lying through their teeth. They ONLY want to keep the spending train open, so that they can keep the "Hot Public Tit" light on.


Wake up progressive half wits! This is YOUR fault!
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Bluzm2
Posted on Saturday, August 06, 2011 - 10:39 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

I've been offline for about a week so if this a repost, sorry...
Send this to everyone you know be they left-right-center or upside down. This is what we are up against.

"If the US Government was a family, they would be making $58,000 a year, they spend $75,000 a year, and are $327,000 in credit card debt.
They are currently proposing 'BIG' spending cuts to reduce their spending to $72,000 a year.
These are the actual proportions of the federal budget & debt, reduced to a level that we can understand."
- Dave Ramsey
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Oldog
Posted on Saturday, August 06, 2011 - 10:57 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Gotta Love Dave Ramsey!

Best simplification of the budget mess I have seen.
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Sifo
Posted on Saturday, August 06, 2011 - 11:07 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

If a credit card company gave someone with a $58K income $327K in credit card debt people would be screaming that those in charge should be thrown in jail. I agree!

This is far worse though, as this is debt that is being thrust upon us against our will. The only way out is to cross the border. I'm starting to seriously consider it.
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Xdigitalx
Posted on Saturday, August 06, 2011 - 11:17 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Dam... that pic is sooo disgusting.
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