Not a good day for economic news...

[BlueStreak]

[QUOTE=bobabode;105279]

Originally Posted by Dondilion

GOP noise makers yes, but in general capitalists want to make money, to get richer! I do not believe American capitalists have any great fear of O to the point where they would collectively tank the economy.
QUOTE]

Respectfully, I think you might be off the mark. The capitalist true believer's are extremely afraid of the President gaining a second term. The handwriting is on the wall. No more laissez fair regulation of these dyed in the wool buccanners come a second term. The biggest sign of their fear was pulling the Citizens United escapade. That will go down in the history books like the Teapot Dome, Tamanny and Jay Gould. It is such a bald faced power grab that I am friggin' amazed that there aren't people of all political stripes marching on the Capitol and demanding an amendment. Not to mention an impeachment of the five justices who voted it in. Malfeasance in office really isn't too strong term for Robert's actions.

The point is that they are actively dragging down the numbers while campaigning hot and heavy to bounce the President out of office. Tank is a misused word in reality. They are sitting fat and pretty and to them after all it's just paper. If they achieve buying the election you will be seeing something that has not been visited on this country since the Gilded Age. The Gilded Age was as bad as it sounds good.....Shiney it was not for the majority of citizens.

Very well stated, Bob.

Disinvest and refuse to hire, until the bad man is gone.
Heck, the battle drums were beating during the last election, as the
call went out to ensure failure. Were they not?

Not so hard to figure out, and even easier to see that it's deliberate.

Thanks!

Dave

[BlueStreak]

A man walks into a convenience store and pulls a gun on the cashier.

He demands money, of course.

She is a little too slow to give the thief what he wants, so he tells her;

"Hurry up, Lady! I'm trying to save your life here!"

Get it?

The powers that be in the corporate world want non-existent taxes, a free hand to rip people off at will, and a completely compliant workforce. And their gonna hold the gun in our face until they get it.

And we'd better give it to them quick, 'cuz their trying to save our lives.

(What they want first of all is one of their own in the Whitehouse......Now who could that be?)

[Dondilion]

[QUOTE=BlueStreak;105281]

Originally Posted by bobabode

Very well stated, Bob.

Disinvest and refuse to hire, until the bad man is gone.
Heck, the battle drums were beating during the last election, as the
call went out to ensure failure. Were they not?

Not so hard to figure out, and even easier to see that it's deliberate.

Thanks!

Dave

I do not believe capitalists in general view O as the bad man. I think they view him as a paper tiger. How many times has he bowed in their direction?

Gentlemen the economics to support large scale hiring is just not there.

[noonereal]

Originally Posted by whell

Training is one thing. And before we can scale up a WPA effort we'd need a ton of it.

The other thing is the poor physical shape of the work force. A generation that has been employed in sedentary and "lighter" work won't cut it. At least not right away, and not without some major physical conditioning.

You may be right - for some, desperation will be a powerful motivator. But we've also got a whole 'nuther issue with folks who've found illegal activity preferable to seeking work, whether the economy is good or bad.

First, this is just ridiculous, "The other thing is the poor physical shape of the work force. A generation that has been employed in sedentary and "lighter" work won't cut it."

Second, folks generally only turn to illegal activities when the society does not provide a legal resource for them to prosper.

[whell]

Originally Posted by finnbow

While our economy is pretty much stagnant, it's pretty disconcerting that the GOP is making the state of the economy the mainstay of their election campaign,

You mean like Obama did in 2008?

You mean, like Clinton did in 1992?

[bobabode]

[QUOTE=BlueStreak;105231]And, there won't be either. Until we start putting money back in the pockets of consumers. And, who are "the consumers", Mike? Being unemployed is no help, being under-employed (compensated) is not much better.QUOTE]

Robert Reich I believe his name is hit this sentiment right on the money. The very first action to increase spending was to make the first $20k of income tax free - for everyone. It sounded simplistic but imagine all the proles with an extra bit of cash to spend. Lessee now, seat of the pants mind you but say 200 million taxpayers with $500 in their dirty little palms equals what? a trillion dollars available to the economy.Somebody check my math..?

The argument that the workforce is too soft and fat belies how motivated the poor schmoe who can't even get an interview for a job and who has to rely on food stamps which is a downright demeaning existence, from all accounts.

Reich was on the money IMO. The job creators are the low and middle class because without a customer base you ain't got shit to manufacture and no one to sell to.
The outlandish fairytale world of economics that the GOP ascribes to would have you believe that the opposite is true. Give it a good hard look and it's really obvious - no customers=no manufacturing= no profit, gawd damn it's that phucking simple.

All the asinine smoked red herrings aside you really need to see that all of this devisive bullshit is simply a huge effort to keep the real power in this country from realizing that one citizen - one vote can change everything.

[bobabode]

Originally Posted by whell

You mean like Obama did in 2008?

You mean, like Clinton did in 1992?

Cute, you are sounding like budgie with a high school diploma...

[bobabode]

[QUOTE=Dondilion;105285]

Originally Posted by BlueStreak

I do not believe capitalists in general view O as the bad man. I think they view him as a paper tiger. How many times has he bowed in their direction?

I too have critized the President and thought him a bit weak but at least he was attempting to compromise & govern. It has become abundantly clear to me that he's taken the high road and tried to do the job he was elected to do. The POS house and senate are the ones who have proven themselves to be faithless and utterly devoid of any honor and principle. I'm sorry to shit on anyones parade but the game has changed so dramatically in the last year or so that I'm despairing of it getting back on track in my lifetime. Big business and their dupish lackeys are buying every election they can.
Corptocracy is a cute buzzword but it's not accurate - it'll simply be a oligarchy slave state and your vote if even paid lip service to will be meaningless.

Happy, happy - joy, joy- OoooooOooo Shiny!!! Eat a puppy. To be clear I agree with you Dave

[finnbow]

Originally Posted by whell

You mean like Obama did in 2008?

You mean, like Clinton did in 1992?

The difference was that Obama was running at a time in which GOP malfeasance had totally trashed the economy and McCain promised, seemingly, to continue policies that would make it worse. You do recall, I presume, that he stated emphatically that "the fundamentals of our economy are sound" at the very time that Lehman Bros. went belly up, precipitating the inevitable result of the GOP's policies.

As for Clinton, he did indeed come in and greatly improve the economy/deficit, IIRC.

How the GOP is able to sell the snake oil that they're better for the economy puzzles me. Then again, they've also successfully sold the notion that they are the party of national security/foreign policy. Go figure.

[bobabode]

Originally Posted by finnbow

The difference was that Obama was running at a time in which GOP malfeasance had totally trashed the economy and McCain promised, seemingly, to continue policies that would make it worse. You do recall, I presume, that he stated emphatically that "the fundamentals of our economy are sound" at the very time that Lehman Bros. went belly up, precipitating the inevitable result of the GOP's policies.

As for Clinton, he did indeed come in and greatly improve the economy/deficit, IIRC.

How the GOP is able to sell the snake oil that they're better for the economy puzzles me. Then again, they've also successfully sold the notion that they are the party of national security/foreign policy. Go figure.

I like my rebuttal better. except that with every post of Whells he loses another grade.