Puterbac News Network and Political Discussion Thread

[sardis]

Oh well. She just needs to pony up for the sake of America.

http://politicalticker.blogs.cnn.com/20 ... p-process/

[bluetick]

http://thegrio.com/2013/11/12/is-justic ... e-stinney/

14 yrs old.... 95 lbs, barely 5 ft tall...botched execution because he was a child in an adult electric chair

[Dr. Strangelove]

Republican Rep (FL) caught with cocaine

http://www.politico.com/story/2013/11/t ... html?hp=t1

Former radio host and Fox tv anchor who had never held office before...conservative district (Naples)...sounds like a Tea Party kinda guy

[AlabamAlum]

Cocaine is a helluva drug. Wonder if this keeps him from being president?

[billy bob bocephus]

probably, unless he has the hidden transcripts, questionable birth certificate and shadowy muslim upbringing to go along with it

[10ac]

http://thegrio.com/2013/11/12/is-justic ... e-stinney/

14 yrs old.... 95 lbs, barely 5 ft tall...botched execution because he was a child in an adult electric chair

Terrible. One wonders how the Democrats could have been so adamant about fighting civil rights legislation.

[Toemeesleather]

[hedge]

I feel the same way about the economy. Why have we gotten to the point where we blame politicians for the unemployment rate or anything else to do with the economy? It's like they have just somehow taken over the role of "master of the economy" and that was never supposed to be the role of government at all. But yet here we sit, just accepting that the government has the ultimate responsibility to make the economy work and grow. That's bullshit. If they would just go away, the economy would take care of itself...

[AugustWest]

FDR started that shit.

[hedge]

Yeah, but even now you have so-called "conservatives" tittering and sniggering when, say, the unemployment numbers aren't good, as long as they can blame the dems. And the same goes for dems blaming repubs whenever something goes "wrong" with the economy. It's just an accepted "fact" by all parties that the government somehow not only has something to do with making the economy work, but has the ultimate responsibility and authority for it. And that's just wrong. Anybody claiming to be a conservative should be against that notion as the first principle of conservatism. But there are no conservatives anymore. Certainly not in this shithole. It's taken totally for granted that the government should be doing all kinds of shit that it manifestly should not be doing. These clowns in here only want to snipe about who should get what, not that nobody should get anything. Again, they're not conservatives, they're merely clowns pretending to be conservatives. And not even pretending, just trying to fool themselves that that's what they are. But they're not fooling anybody...

[Jungle Rat]

Fool

[Toemeesleather]

There is nothing inherently wrong w/gubment creating a safety net. The fight/debate is over how big and how much it cost. Unfortunately, base-line budgeting has soured me the gubment creating anything. Also, when they flat out lie about it...eg Sebelius saying "we're creating a market" and the press plays lap dog, we're all in a world of sh!te!!lll

[crashcourse]

I missed sebelius on the 17th tee while I was hitting a 5 iron fromn the 16th fairway by about 3 feet

if I'd only played a littlle more fade against the wind.........

[sardis]

She would have kicked your ass.

[Johnette's Daddy]

FDR started that shit.

Good thing, too, otherwise we'd be under the thumb of the German American Bund.

[Toemeesleather]

In February 2009, he got $831 billion of stimulus spending. Not even seismographs can detect the results. Every speech he outputs about "middle-class folks" offers them the same solutions: more public spending on education, on public infrastructure projects and, even now, on alternative energy. As he tirelessly repeats what remain promises, the Labor Department's monthly unemployment-rate announcement on Friday mornings has become a day of dread.

A normal post-recession growth rate of at least 4% would have made it possible for Mr. Obama and his progressive allies to chase virtually any pie-in-the-sky policy they wanted. Instead, the U.S. has fallen far off its normal 3.3% growth rate.

A U.S. president, faced with such devastating labor-market problems and persistently weak growth, should do anything—anything—that will give the American workplace more lift. Instead, he's willing to entertain just one idea: more federal spending.

You know the theory here: Spend a public dollar and you get $1.50 of economic output. It hasn't happened, but Barack Obama is gonna crank his old Keynesian Multiplier, created during the 1930s in the era of the Hupmobile, until it sputters to life.

Ponder, though, a partial list of the public-policy decisions that have flowed steadily out of the Obama administration and directly into a job-starved U.S. economy:

The no-decision on the Keystone XL pipeline and its union jobs; the 2,000-page regulatory law draped in 2010 across the entire financial sector; the shutdown in 2010 and then the slow-walking of offshore oil drilling; siccing the EPA on the utilities industry and the National Labor Relations Board on all industry; a 2010 FCC decision to regulate Internet growth; a significant tax increase this year; support this month for jacking up the federal minimum wage to over $10, certain to smother new jobs; the Justice Department's $13 billion looting of J.P. Morgan bank; and of course Hurricane ObamaCare.

Barack Obama has the U.S. economy on lockdown. It's the worst thing this president has done. American resilience, and elections, mean it won't stay this way forever. But for a lot of poor and middle-class folks, living with mom in the basement is getting old.

[hedge]

"But for a lot of poor and middle-class folks, living with mom in the basement is getting old."

That applies to most of the posters in here as well..

[bluetick]

FDR started that shit.

From 1921 to 1933 there were three Republican presidents: Harding, Coolidge, and Hoover.

Check out this timeline:

1920's - By 1929, the richest 1 percent will own 40 percent of the nation's wealth. The bottom 93 percent will have experienced a 4 percent drop in real disposable income between 1923 and 1929. This despite individual worker productivity rising an astonishing 43 percent from 1919 to 1929. The rewards funneled to the top, as the number of millionaires increased tenfold during this span.

1924 - The stock market begins its spectacular rise. Bears little relation to the rest of the economy.

1929 - Annual per-capita income is $750. More than half of all Americans are living below a minimum subsistence level.

1930 - By February, the Federal Reserve has cut the prime interest rate from 6 to 4 percent. Treasury Secretary Mellon announces that the Fed will stand by as the market works itself out: "Liquidate labor, liquidate real estate...values will be adjusted, and enterprising people will pick up the wreck from less-competent people."

1931 - No major legislation is passed addressing the Depression.

1932 - 10,000 banks have failed since 1929, or over 40 percent of the 1929 total.

1933 - Alarmed by newly-elected Roosevelt's plan to redistribute wealth from the rich to the poor, a group of millionaire businessmen led by the Du Pont and J. P. Morgan empires, plans to overthrow Roosevelt with a military coup and install a fascist government modeled after Mussolini's regime in Italy. The businessmen attempt to recruit General Smedlley Butler, promising him an army of 500,000, unlimited financial backing and generous media spin control. The plot is foiled when Butler reports it to Congress.

1945 - The top tax rate is 91 percent. It will stay at least 88 percent until 1963, when it is lowered to 70 percent. During this time America will experience the greatest economic boom it had ever known.

[hedge]

I don't care how much the economy would boom, I don't want the top tax rate going back to 91%...

[bluetick]

91%? It may take the Second Coming to move from 33 back to 36..

and Jesus said "let the pre-2001 rates come unto mine"