[JJ]

Obama on fiscal responsibility................................

[TheZookie007]

YouTube: "Obama: State of the iPad Address"

[JJ]

'Bama man on torture..........................

[3deroticer]

I agree that Obama is waffling on the torture issue, because I don't think you can move on without addressing the crime that was committed so that this does not happen again. We as a nation have tried other countries leader for war crime lesser than what has happen during the Bush administration.

[3deroticer]

http://www.hulu.com/watch/125320/the-daily-show-with-jon-stewart-q-and-o?c=Comedy#s-p1-sr-i1

interesting note that FOX did their best to not report this event with the GOP Q&O with Obama in their usual style of misdirection!

[rtpoe]

"CUT THE FEED!!!!!" 

Obama: 127, GOP: 0

[3deroticer]

http://www.hulu.com/watch/125320/the-daily-show-with-jon-stewart-q-and-o?c=Comedy#s-p1-sr-i1

interesting note that FOX did their best to not report this event with the GOP Q&O with Obama in their usual style of misdirection!

I love it when he said he enjoying it and glad to be here!

He was dunking every "Luntz" talking point that are false lies design to scare people.

[JJ]

Oh no, is it Jimmy Carter all over again..........................

[3deroticer]

Both of which were overwhelmingly elected in the face of the GOP disaster of getting into the mess. You would think maybe after 8 years of GOP and say to yourself "gee! maybe this party does have a knack for soaring deficit and record high unemployment?"

Incidentally Arnie Swartzenegger praise Jimmy Carter and wish that we had adhere to his energy policy for which he created the Energy dept into the Gov't to make us independent from the Middle Eastern Oil imports. When you think about it, Jimmy Carter was one hell of a fortune teller of things to come, and he had the foresight to see it, and did his best to help us.

Excellent point JJ!, for seeing that twice the Dems had to come to the rescue of high unemployment and national deficit from the previous GOP control.

[stunning36hh]

I'm not going to disparage our president, but I'm interested to see what happens this November.  My guess is that the current fiscal policy that is destroying the confidence of small business owners will show up at the ballot box.  And the ideology of taxing the rich will be our undoing.  Do you think the rich will suffer if we tax them more?  Unlikely, they can afford advisors and the like that will do well to manage their fortune.  But a small business owner (makes up the bulk of the U.S. economy) who fits comfortably in the middle class will respond to taxes (which cut into the 2 - 3 % profit margin they operate on) by passing the "tax cost" on to the consumer, who will in turn purchase less of the more expensive product, which will in turn lead to fewer labor hours required to produce the more expensive product and then labor gets cut.  TAXES ARE ALWAYS BOURNE BY THE CONSUMER.  WE ALL PAY when the rich are taxed.  What a deception that has been promulgated by the letter networks and on college campuses!

It is time to end the oppressive taxes in this country.  Taxes hurt the middle class and the poor who purchase anything with a tax that is passed on to the consumer in the products they purchase.  How much longer can we continue to hold our hand out to China, Europe, Japan and other creditors, before the interest rate on the long term treasury bonds rise precipitously to the point where we can no longer afford to borrow?  And what happens when we cannot borrow any more?  I don't know, but I don't think it will be good.  I guess we'll suddenly balance the budget, with much collective pain.  But if we're already burning through $400bn more every year than we take in with tax revenue, when that is gone, then how are we going to cut that much spending out?  It boggles the mind. 

We've robbed social security for two generations and Medicare for one and a half generations.  And if my count is right, both Republicans and Democrats held positions of political control during these times.  Clearly I'm a conservative, but it doesn't matter anymore.  In fact, we owe $600m each day in interest payments on our debt.  That is equivalent to $2/person/day, $8/family/day, and $240/family/month.  So in essence, in some fashion or another we are already paying $240/mo per family to simply cover the interest on our current debt.   How much more will we have to pay each month to pay the debt off in half a generation?  $500/mo/family?  Are you getting the picture?  WE ARE NEVER GOING TO PAY THIS DEBT OFF!

The Roman Empire came to a close, as will ours.  I don't like it, but is there any other way?  Hey, sorry for being a downer.

[3deroticer]

Stunning36hh , you got that backward, by taxing the rich more will help smaller business in the middle class to sell their product. if the rich wants the consumer to to pay more to make up the tax loss, then the consumer have another choice to go to the smaller business that can sell the same product for less. Having a business too big to fail is having them holding the middle class people hostage in their crisis.

[Q_BE]

Stunning36hh , you got that backward, by taxing the rich more will help smaller business in the middle class to sell their product. if the rich wants the consumer to to pay more to make up the tax loss, then the consumer have another choice to go to the smaller business that can sell the same product for less. Having a business too big to fail is having them holding the middle class people hostage in their crisis.

3deroticer, the way you just said that, i.e., the businesses too big to fail holding the middle class hostage, is probably somewhat right, and yet it was the government who rode to their rescue, ironically enough.

On top of that, you push this idea that smaller businesses can make products for less than big corporations--that is almost always not the case. One of the essential driving forces of market economics today is what are called economies of scale where businesses of certain sizes have almost insurmountable advantages in terms of fixed and variable costs so as to beat out all smaller competition, leading to a temporary economic model of monopolistic competition. Monopolistic competition is where if you can pay the upfront costs to get in, you can compete effectively, and as the systems of technology for our country improve over time, this startup hurdle gets smaller and smaller, resulting in a resection of the scaled economies, diversification of demand, increased competition, and the accompanying economic benefits as the process works itself out in the free market through price reductions and cost-savings, and the process starts over with economies of scale creating competitive advantages, and so on and so forth.

Taxing the rich is the LAST thing you want to do when you're trying to stimulate an economy, and we conservatives will fight to the last man to keep that from happening here, but we can only do so much until the elections bring us back to power, or the economy and government goes off a cliff...it's a scary game of chicken in that regard...

Q-"Economics 101"-BE

[TheZookie007]

In fact, we owe $600m each day in interest payments on our debt.  That is equivalent to $2/person/day, $8/family/day, and $240/family/month.  So in essence, in some fashion or another we are already paying $240/mo per family to simply cover the interest on our current debt.   How much more will we have to pay each month to pay the debt off in half a generation?  $500/mo/family?  Are you getting the picture?  WE ARE NEVER GOING TO PAY THIS DEBT OFF!

Now you have an inkling of how the Haitians feel. The only country to gain its independence via a slave revolt, it is also the only country in the world in which the former SLAVEOWNERS extracted punishingly-high reparations from their former SLAVES. That is why what Pat Robertson said soon after the earthquake was so insulting; he implied that if only those ingrates had let the French continue to oppress them forever, they wouldn't be in the mess they're in now.

The Roman Empire came to a close, as will ours.  I don't like it, but is there any other way?  Hey, sorry for being a downer.

Every empire must eventually fall, this is as inevitable as death and taxes. The only solution is not to become an empire in the first place

[3deroticer]

3deroticer, the way you just said that, i.e., the businesses too big to fail holding the middle class hostage, is probably somewhat right, and yet it was the government who rode to their rescue, ironically enough.

On top of that, you push this idea that smaller businesses can make products for less than big corporations--that is almost always not the case. One of the essential driving forces of market economics today is what are called economies of scale where businesses of certain sizes have almost insurmountable advantages in terms of fixed and variable costs so as to beat out all smaller competition, leading to a temporary economic model of monopolistic competition. Monopolistic competition is where if you can pay the upfront costs to get in, you can compete effectively, and as the systems of technology for our country improve over time, this startup hurdle gets smaller and smaller, resulting in a resection of the scaled economies, diversification of demand, increased competition, and the accompanying economic benefits as the process works itself out in the free market through price reductions and cost-savings, and the process starts over with economies of scale creating competitive advantages, and so on and so forth.

Taxing the rich is the LAST thing you want to do when you're trying to stimulate an economy, and we conservatives will fight to the last man to keep that from happening here, but we can only do so much until the elections bring us back to power, or the economy and government goes off a cliff...it's a scary game of chicken in that regard...

Q-"Economics 101"-BE

Q_BE you also have it backward!

there are 2 ways to succeed! In the short run you can become a monopoly then control the prices by knocking out your competitor with a cheaper product or produce good product and support your community. As for our gov't supporting these large company that are too big to fail, that was the GOP idea, and certainly not the Dems, and Barack is trying to make an executive order to recoup those money back from banks that gave out bonuses and acquire more financial institution to become even a bigger company too big to fail.

Producing a cheaper product while shipping the job overseas in order to compete in the market globally is not helping us, Americans without job, and thus not good for our economy. That's the GOP ideology again.

Q_BE, I almost think for the result you are trying to get for our country, you could be a Democrats!

go to the school of economy from a 101economy by Democrats, you'll pick up your grade average!

[TheZookie007]

This chart from the Congressional Budget Office shows the primary sources of the current deficit are

• The economic downturn
• Bush tax cuts for the wealthy
• the wars in Iraq and Afghanistan

The TARP and the stimulus package, by comparison, aren't making up that much of it. So all of you riding Obama so hard need to get the fuck out of here with that bullshit. What's his fault is his fault, but what isn't his fault shouldn't be blamed on him.