PDA

View Full Version : Are We That Stupid?



RogerW
May 11th 2008, 06:45 PM
Part 1
In just one year. Remember the election in 2006?
Thought you might like to read the following:
A little over one year ago:

1) Consumer confidence stood at a 2 1/2 year high;
2) Regular gasoline sold for $2.19 a gallon;
3) The unemployment rate was 4.5%.

Since voting in a Democratic Congress in 2006 we have seen:

1) Consumer confidence plummet;
2) The cost of regular gasoline soar to over $3.50 a gallon;
3) Unemployment is up to 5% (a 10% increase);
4) American households have seen $2.3 trillion in equity value evaporate (stock and mutual fund losses);
5) Americans have seen their home equity drop by $1.2 trillion dollars;
6) 1% of American homes are in foreclosure.

America voted for change in 2006, and we got it!

Remember it's Congress that makes law not the President.

He has to work with what's handed to him.

Quote of the Day........

"My friends, we live in the greatest nation in the history of the world. I hope you'll join with me as we try to change it." -- Barack Obama

Part 2:
Taxes...Whether Democrat or a Republican you will find these statistics enlightening and amazing.
www.taxfoundation.org/publications/show/151.html (http://www.taxfoundation.org/publications/show/151.html)


Taxes under Clinton 1999Taxes under Bush 2008
(C) Single making 30K - tax $8,400 (B) Single making 30K - tax $4,500
(C) Single making 50K - tax $14,000 (B) Single making 50K - tax $12,500
(C) Single making 75K - tax $23,250 (B) Single making 75K - tax $18,750
(C) Married making 60K - tax $16,800 (B) Married making 60K- tax $9,000
(C) Married making 75K - tax $21,000 (B) Married making 75K - tax $18,750
(C) Married making 125K - tax $38,750 (B) Married making 125K - tax $31,250

Both democratic candidates will return to the higher tax rates.

It is amazing how many people that fall into the categories above think Bush is screwing them and Bill Clinton was the greatest President ever. If Obama or Hillary are elected, they both say they will repeal the Bush tax cuts and a good portion of the people that fall into the categories above can't wait for it to happen. This is like the movie The Sting with Paul Newman; you scam somebody out of some money and they don't even know what happened.

Part 3 to follow

RogerW
May 11th 2008, 06:46 PM
PART 3:
You think the war in Iraq is costing us too much? Read this:
Boy, am I confused. I have been hammered with the propaganda that itis the Iraq war and the war on terror that is bankrupting us.I now find that to be RIDICULOUS.

I hope the following 14 reasons are forwarded over and over again until they are read so many times that the reader gets sick of reading them. I have included the URL's for verification of all the following facts.

1. $11 Billion to $22 billion is spent on welfare to illegal alienseach year by state governments.
Verify at: http://tinyurl.com/zob77 (http://tinyurl.com/zob77)
2. $2.2 Billion dollars a year is spent on food assistance programssuch as food stamps, WIC, and free school lunches for illegal aliens.
Verify at: http://www.cis..org/articles/2004/fiscalexec.html (http://www.cis..org/articles/2004/fiscalexec.html)
3. $2.5 Billion dollars a year is spent on Medicaid for illegal aliens.
Verify at: http://www.cis..org/articles/2004/fiscalexec.html (http://www.cis..org/articles/2004/fiscalexec.html)
4. $12 Billion dollars a year is spent on primary and secondary schooleducation for children here illegally and they cannot speak a word of English!
Verify at: http://transcripts.cnn.com/TRANSCRIPTS/0604/01/ldt.0.html (http://transcripts.cnn.com/TRANSCRIPTS/0604/01/ldt.0.html)
5. $17 Billion dollars a year is spent for education for the American-born children of illegal aliens, known as anchor babies.
Verify at http://transcripts.cnn.com/TRANSCRIPTS/0604/01/ldt.01.html (http://transcripts.cnn.com/TRANSCRIPTS/0604/01/ldt.01.html)
6. $3 Million Dollars a DAY is spent to incarcerate illegal aliens.
Verify at: http://transcripts.cnn.com/TRANSCRIPTS/0604/01/ldt.01.html (http://transcripts.cnn.com/TRANSCRIPTS/0604/01/ldt.01.html)
7. 30% percent of all Federal Prison inmates are illegal aliens.
Verify at: http://transcripts.cnn.com/TRANSCRIPTS/0604/01/ldt.01.html (http://transcripts.cnn.com/TRANSCRIPTS/0604/01/ldt.01.html)
8. $90 Billion Dollars a year is spent on illegal aliens for Welfare &social services by the American taxpayers.
Verify at: http://premium.cnn.com/TRANSCIPTS/0610/29/ldt.01.html (http://premium.cnn.com/TRANSCIPTS/0610/29/ldt.01.html)
9. $200 Billion Dollars a year in suppressed American wages are causedby the illegal aliens.
Verify at: http://transcripts.cnn.com/TRANSCRIPTS/0604/01/ldt.01.html (http://transcripts.cnn.com/TRANSCRIPTS/0604/01/ldt.01.html)
10. The illegal aliens in the United States have a crime ratethat's two and a half times that of white non-illegal aliens. In particular,
their children, are going to make a huge additional crime problem in the US
Verify at: http://transcripts.cnn.com/TRANSCRIPTS/0606/12/ldt.01.html (http://transcripts.cnn.com/TRANSCRIPTS/0606/12/ldt.01.html)
11. During the year of 2005 there were 4 to 10 MILLION illegal aliensthat crossed our Southern Border also, as many as 19,500 illegal aliensfrom Terrorist Countries. Millions of pounds of drugs, cocaine, meth, heroinand marijuana, crossed into the U. S from the Southern border.
Verify at: Homeland Security Report: http://tinyurl.com/t9sht (http://tinyurl.com/t9sht)
12. The National Policy Institute, "estimated that the totalcost of mass deportation would be between $206 and $230 billion or an average
cost of between $41 and $46 billion annually over a five year period."
Verify at: http://www.nationalpolicyinstitute.org/pdf/deportation.pdf (http://www.nationalpolicyinstitute.org/pdf/deportation.pdf)
13. In 2006 illegal aliens sent home $45 BILLION in remittancesback to their countries of origin.
Verify at: http://www.rense.com/general75/niht.htm (http://www.rense.com/general75/niht.htm)
14. "The Dark Side of Illegal Immigration: Nearly One MillionSex Crimes Committed by Illegal Immigrants In The United States "
Verify at: http://www.drdsk.com/articleshtml (http://www.drdsk.com/articleshtml)

The total cost is a whopping $ 338.3 BILLION DOLLARS A YEAR.
Are we THAT stupid?

Fenris
May 11th 2008, 06:49 PM
It's the business cycle. No one is responsible for it.

Gulah Papyrus
May 11th 2008, 06:54 PM
Isn't he federal reserve responsible for it?

quiet dove
May 12th 2008, 12:52 AM
Isn't the print to small for some of us to see? So to speak. :D

Slug1
May 12th 2008, 01:29 AM
Isn't the print to small for some of us to see? So to speak. :DHehehe, I fixed it.

Steve M
May 12th 2008, 02:16 AM
Speaking strictly to the first post (I don't have the time or breath for the second) this is a major logical error. To think that these folks have had time to cause the changes we're seeing. Most experts (I hate that phrase) agree that the problems we're seeing go back decades, if not centuries. We're reaping the whirlwind now for things we did without thinking long ago.

Snopes has an excellent starter article on the subject, with recomended reading, if you're interested. They also speak to the second post. If anyone is interested, it's a fun read.

intricatic
May 12th 2008, 01:05 PM
Apparently we are that stupid.

resbmc
May 12th 2008, 01:13 PM
We are going into the abyiss with this election, we get what we deserve by how we elect people, and we have some true idiots in government today

HisLeast
May 12th 2008, 02:09 PM
1) Consumer confidence plummet;
2) The cost of regular gasoline soar to over $3.50 a gallon;
3) Unemployment is up to 5% (a 10% increase);
4) American households have seen $2.3 trillion in equity value evaporate (stock and mutual fund losses);
5) Americans have seen their home equity drop by $1.2 trillion dollars;
6) 1% of American homes are in foreclosure.


Ok, I'll bite.

1) Consumer confidence is calculated almost entirely on how much people are willing to spend and put on credit. I have no idea how a Democratic Congress twists people's arm into spending more, but they must have found a way. Low consumer confidence means people are spending less and either (a) saving or (b) paying off their debts... thats something our grandparents would be patting our backs for. Do you suggest a return to "good old days" when people just consumed more?

2) Exactly what did the Democratic Congress do to increase gas prices? They didn't increase the gas tax at all, and they appear to have no control over (a) soaring oil demand in China & India or (b) the supply of oil in OPEC nations.

3) Ok. Maybe (maybe) they can do something about this. But while you're shaming the Democratic Congress for that, be sure to shame the Republicans that changed the way unemployment is measured in order for the numbers to appear smaller. Fair is fair right?

4) Is it possible Americans were following poor investment advice? How does a Democratic Congress control such things anyway?

5) American households have been duped into believing a fairytale that housing value ALWAYS increases. They've been suckered into over extending on mortgages predicated on this fact. You can kick and scream about this being a "democrat" problem all you like, but at the end of the day, HOME BUYERS made the decision to over extend themselves. Seriously, in what epic dreamworld bear market was it ever OK to buy a $250,000 home with $5000 actual money locked into a 30 year adjustable rate mortgage one assumes would stay the same in the long term?

6) See point 5. Its not Congress' fault so many people figured they could get something for nothing.

Steve M
May 12th 2008, 06:51 PM
5) American households have been duped into believing a fairytale that housing value ALWAYS increases. They've been suckered into over extending on mortgages predicated on this fact. You can kick and scream about this being a "democrat" problem all you like, but at the end of the day, HOME BUYERS made the decision to over extend themselves. Seriously, in what epic dreamworld bear market was it ever OK to buy a $250,000 home with $5000 actual money locked into a 30 year adjustable rate mortgage one assumes would stay the same in the long term?

6) See point 5. Its not Congress' fault so many people figured they could get something for nothing.

And please note the current crisis is not actually affecting homeowners. Note I say homeowners, not house-owners. If it's just a house, and you were counting on building equity and selling, then, yes, this is a crisis. Me? I can't wait for my home value to slide down a little to reduce property taxes. I can't wait for the prime to drop a little so I can refinance at a significantly lower interest rate. Why? Because I plan to keep on living in the same home. This isn't a source of income, it's my HOME.

And if people buying houses had just protected themselves as if it were going to be their home... instead of seeking something for nothing, as HisLeast points out... then, yes, they wouldn't be in this mess.

As I said, the current problems go back very far. The roots of the problems can be seen in the turn of the century. No, not this one; the last one! But we continue not to learn the lessons that we should have picked up on during the Depression.

Now a lack of understanding of history, a lack of interest in current affairs, and a generation that apparently can't read are all coming together in a perfect storm. And we continue to look to the current horse race for answers, but neither party is looking to apply some of the hard lessons of the past. They have bandaids.

Well... Clinton did finally get some sanity and advocate breaking the OPEC cartel at last, which would make me very happy. A hard cartel to break? Surely. Impossible legally? No, actually, it's not. A little late to save Clinton? Probably.

Clavicula_Nox
May 12th 2008, 09:07 PM
What was her plan?

Steve M
May 13th 2008, 12:27 PM
What was her plan?
Plan? Please. I was too busy laughing to get any specifics.

Yes, I said laughing. She busted it out as a last-minute save move--that is, when no hope was left she offered up an idea that nobody else is offering, one that would do great good for this country but that nobody in mainstream politics has any intention of going through with. Why? Because it'll be a tough battle, and the returns will NOT be short-term. Hillary whipped it out to garner some shock and make people think; it's not a serious platform, and I don't expect her to have a plan.

It would be awesome if she did, though.

Oh, well.

Clavicula_Nox
May 13th 2008, 01:01 PM
Oh, you're referring to that asinine gas tax plan, right?

Steve M
May 13th 2008, 01:18 PM
Oh, you're referring to that asinine gas tax plan, right?
No, this is relatively recent, and in addition to the gas tax bandaid.

Here, http://www.slate.com/id/2190776/

Notably: "Clinton has been getting a lot of criticism, most of it deserved, for pandering frantically in a last-ditch effort to seize the nomination. Attention has mostly focused on her gas-tax timeout, a popular but unsound proposition."

And... "But the same political commentators who, quite appropriately, mocked the gas-tax suspension as a cheap stunt similarly mocked Clinton's related proposal to bust the OPEC cartel. Maureen Dowd called it "inane." Josh Marshall said it demonstrated "the widening gap between reality and her campaign trail statements." Politico's Ben Smith observed with condescension that it was "very hard to figure out what exactly she means by the threat to break OPEC.""

No surprise, of course. That blog has long advocated for breaking the OPEC cartel. Hillary's statement about OPEC was just one throwaway statement in a shotgun of wide-ranging ideas she threw out in an attempt to stay relevant.