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Author Topic:   The Awesome Obama Thread II
Phat
Member
Posts: 18348
From: Denver,Colorado USA
Joined: 12-30-2003
Member Rating: 1.0


Message 9 of 397 (651477)
02-07-2012 5:15 PM
Reply to: Message 7 by dronestar
02-07-2012 4:49 PM


An Infomercial Conspirator
Granted, it was an infomercial and granted the author, Larry Edelson,
is selling something. My question was, is there any truth to it?
Edelson writes:
By RAISING the value of the Chinese yuan, Washington and China will automatically CRUSH the value of the U.S. dollar ... So Washington can repay its otherwise unpayable debts with cheaper dollars!...When the dust settles, the United States will be little more than just another name on the long list of once-proud countries that squandered their wealth ... that were ultimately driven to their knees and forced to submit to the nations that took their places.
While Edelson says his argument is not based on political ideology, he blames Obama, Geitner,and Bernanke for essentially "selling us out" to the Chinese financiers.

This message is a reply to:
 Message 7 by dronestar, posted 02-07-2012 4:49 PM dronestar has not replied

Replies to this message:
 Message 13 by crashfrog, posted 02-07-2012 5:20 PM Phat has replied

  
Phat
Member
Posts: 18348
From: Denver,Colorado USA
Joined: 12-30-2003
Member Rating: 1.0


Message 14 of 397 (651485)
02-07-2012 5:29 PM
Reply to: Message 10 by crashfrog
02-07-2012 5:18 PM


Re: Small Steps
crashfrog writes:
Wall Street sure as hell doesn't think that Obama is the "Wall Street" candidate. Why the hell should we?
Because even if he isnt, its already too late for the average citizen to recover.
At least Obama still has the 99% on his side. The tricky part is deciding whether to shoot the horse that pulls us (the 1%) in order to get food for today or let the horse drag us through hell (of reduced wages and standard of living, in order to get out of debt) for the longterm good of everyone.

This message is a reply to:
 Message 10 by crashfrog, posted 02-07-2012 5:18 PM crashfrog has not replied

  
Phat
Member
Posts: 18348
From: Denver,Colorado USA
Joined: 12-30-2003
Member Rating: 1.0


Message 15 of 397 (651486)
02-07-2012 5:31 PM
Reply to: Message 13 by crashfrog
02-07-2012 5:20 PM


Re: An Infomercial Conspirator
crash writes:
When we make interest payments on Chinese-owned US debt, we're just sending them money, not resources or people. How is our wealth in any way "squandered"?
Because the real value of the dollar will be forced to come out, and we essentially wont have as much purchasing power as we used to have...all the while working ever harder.
Im not gonna blame Obama...thats for sure. Romney would make things even harder for the 99%.

This message is a reply to:
 Message 13 by crashfrog, posted 02-07-2012 5:20 PM crashfrog has replied

Replies to this message:
 Message 19 by jar, posted 02-07-2012 5:51 PM Phat has seen this message but not replied
 Message 29 by crashfrog, posted 02-08-2012 10:00 AM Phat has seen this message but not replied

  
Phat
Member
Posts: 18348
From: Denver,Colorado USA
Joined: 12-30-2003
Member Rating: 1.0


Message 17 of 397 (651490)
02-07-2012 5:45 PM
Reply to: Message 16 by Straggler
02-07-2012 5:35 PM


Re: As an outsider....
straggler writes:
As an idealist I feel very betrayed by the Obama presidency despite the fact that I am not American.
idealism
1. The act or practice of envisioning things in an ideal form.
2. Pursuit of one's ideals.
3. Idealized treatment of a subject in literature or art.
4. Philosophy The theory that the object of external perception, in itself or as perceived, consists of ideas.
As an idealist, who can you even begin to think of that can solve the problems that America now faces? (Enter AntiChrist, stage left ) I think that come next election. Obama is the best candidate that we have. Nobody else (except maybe Ron Paul) even has a clue as to the enormity of the problem.

This message is a reply to:
 Message 16 by Straggler, posted 02-07-2012 5:35 PM Straggler has replied

Replies to this message:
 Message 18 by Straggler, posted 02-07-2012 5:50 PM Phat has replied

  
Phat
Member
Posts: 18348
From: Denver,Colorado USA
Joined: 12-30-2003
Member Rating: 1.0


Message 20 of 397 (651494)
02-07-2012 5:55 PM
Reply to: Message 18 by Straggler
02-07-2012 5:50 PM


An ignorant voter
Last time i voted for Obama because the union backed him, and told us that he was best for our cause. Now? We are slowly sinking, but it doesnt appear to be his fault. I guess the bill has to be paid one way or another, though I prefer my corporate bosses pay it rather than I.

This message is a reply to:
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Replies to this message:
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Phat
Member
Posts: 18348
From: Denver,Colorado USA
Joined: 12-30-2003
Member Rating: 1.0


Message 156 of 397 (653525)
02-22-2012 8:24 AM
Reply to: Message 155 by crashfrog
02-22-2012 8:13 AM


Damn Statistics
Morning Crashfrog! I will give you a reaction.... First, its hard to argue with statistics when they are correctly applied and in context.
Yet I still read from many sources that our country has already taken the path towards higher inflation (we have a bet, IIRC) and that it will definitely show its ugly head within the next three-five years.
If these hucksters are wrong, where do I send your check?
The Federal Reserve’s Explicit Goal: Devalue the Dollar 33%
Persistent Questions About the Future of the US Economy
These are examples of the type of thinking that I read. Are they simply hucksters?

This message is a reply to:
 Message 155 by crashfrog, posted 02-22-2012 8:13 AM crashfrog has replied

Replies to this message:
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Phat
Member
Posts: 18348
From: Denver,Colorado USA
Joined: 12-30-2003
Member Rating: 1.0


Message 232 of 397 (654784)
03-04-2012 10:24 AM
Reply to: Message 227 by jar
03-03-2012 6:52 PM


Re: A Little Judicial Activism
jar writes:
If it was not someone that the Judge forwarded it to, then the Judge is not the person who should be questioned.
Sorry but still don't see why anyone would be upset at the Judge.
Private comments versus public comments. A judge, by being in a public position, can be said to be accountable for whatever he says. If the remark was meant in a private context than no, we shouldn't be mad at the judge...I guess it depends on how the comment was overheard and who repeated the gossip.

This message is a reply to:
 Message 227 by jar, posted 03-03-2012 6:52 PM jar has replied

Replies to this message:
 Message 233 by jar, posted 03-04-2012 10:38 AM Phat has not replied
 Message 242 by NoNukes, posted 03-04-2012 3:21 PM Phat has not replied

  
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