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Reagan switched the federal government from what he critically called, a “tax and spend†policy, to a “borrow and spend†policy, where the government continued its heavy spending, but used borrowed money instead of tax revenue to pay the bills. The results were catastrophic. Although it had taken the United States more than 200 years to accumulate the first $1 trillion of national debt, it took only five years under Reagan to add the second one trillion dollars to the debt. By the end of the 12 years of the Reagan-Bush administrations, the national debt had quadrupled to $4 trillion.
Reagan switched the federal government from what he critically called, a “tax and spend†policy, to a “borrow and spend†policy, where the government continued its heavy spending, but used borrowed money instead of tax revenue to pay the bills. The results were catastrophic. Although it had taken the United States more than 200 years to accumulate the first $1 trillion of national debt, it took only five years under Reagan to add the second one trillion dollars to the debt. By the end of the 12 years of the Reagan-Bush administrations, the national debt had quadrupled to $4 trillion.
Yea but Tip Oneal had something to do with it as well as going off the gold standard.
Here is 2 in a row. Next week will be out of this world. I think we have just started what everyone around here has predicted for a long time. God help us all. Depression on its way. Ug
Gotta graph?
Take notice of the morning spike in volume as many seasoned investors are starting the dumping when the market opens with any strength. Not a good sign.
No need to apologize to Bigsby. He is in the top ten most ignored people on Patnet for a reason. It is suspected that he is a government troll tasked with spreading disinformation on the Internet. Or maybe he is just gullible and lonely.
Duh, the Professor scuttles out of the dark to post more of his drivel. Should I point out to the poster that you're a conspiracy nut in the same vein as Bgamall? And I'm a government troll, am I? That must be because I'm not American and don't live in the US presumably.
There are OBVIOUS problems with the official story of 911, which have been iterated on other threads. Bigsby seldom addresses the facts and often goes on personal attacks or changes the subject to something ridiculous.
I deal in facts all the time. The whole point is that you and Bgamall completely ignore facts from actual scientists in favour of people who post up Youtube videos. Says it all really.
If we do not question the official BS they serve us we will end up in worse shape as a country than we already are.
Question all you want but try and use your brain when you do so. Posting up Youtube videos made by 20 year olds with no background on the topic at hand isn't 'questioning the official BS,' it's being infantile in your analysis of a complex event that you have no scientific knowledge of.
No need to apologize to Bigsby. He is in the top ten most ignored people on Patnet for a reason. It is suspected that he is a government troll tasked with spreading disinformation on the Internet. Or maybe he is just gullible and lonely.
There are OBVIOUS problems with the official story of 911, which have been iterated on other threads. Bigsby seldom addresses the facts and often goes on personal attacks or changes the subject to something ridiculous.
You don't have to be cowed by people that call you a "conspiracy theorist" or "troofer" or any of those other names they use to personally attack anyone that questions the governments BS. If we do not question the official BS they serve us we will end up in worse shape as a country than we already are.
Brought to you by the people that caused 911.
Thanks Professor and I was not irritated or upset by Bigsby's comment. I do not know of him here and when he questioned my comment, my belief was that I may have been unclear about what I said. With this new information you have given me, I'll now know that Bigsby likes to stir the pot, which for me makes the conversation fun and to Bigsby, I'm not mad and I welcome your comments to my posts. I like individuals who question things and are passionate about their beliefs, even when they are not received well as your comments are here in the forum. All of you here on Patrick are awesome and any judgement leveled on me in any forum I participate in is welcome, fun and entertaining so keep on keeping on!!!!
Damn, I'm losing my touch!!! It's been 5 minutes since I refreshed and Bigsby hasn't flamed me out for my comment so now I'm going to have to drown my sorrows in a bottle of vodka, maybe even play a few rounds of Russian Roulette or something...........I love you man.......LOL
Next week news break ",The Rise of the Planet of the Apes," is not fiction.
According to the official story two airplanes caused three buildings to collapse into a pile of twisted broken steel and pulverized concrete.
Perhaps mfs might like to remember that comment when considering the veracity of the arguments you post.
I do not know of him here and when he questioned my comment, my belief was that I may have been unclear about what I said.
You didn't say anything. That was the point. You questioned the official line without stating what it was that you questioned. I asked you to clarify and you haven't. It is as simple as that.
Well, I'll say this about it, I definitely don't buy into the 9/11 commissions official story, that's for sure. In my case, the jet fuel wouldn't burn hot enough to melt the steel beams of the WTC, second, the whole Building 7 collapse dilemma. Also, the large gold reserve that existed below the WTC melting away and evaporating into thin air.
Third, which is my own thing; if I were the terrorists and I really wanted to destroy US commerce, I would have crashed one of the planes into the Empire State Building to spread the destruction, making transportation through the 34th Street subway station difficult or impossible, crippling Manhattan for years because 34th Street is a main transfer hub to most of the important train lines that bring passengers from other boroughs into Manhattan. By only crashing the WTC, they limited the damage to the edge of Manhattan, allowing business to continue uninterrupted in midtown and upper Manhattan for the most part. I would have crashed the other into the Chrysler Building, that way all of Manhattan would have become inaccessible by multiple transportation types. The Chrysler Building is closer to the 59th Street bridge, so now cars would have had difficulty getting into Manhattan and the Midtown Tunnel would be a mess with the Empire State in ruins. I'd figure that if you had a brain you'd immediately come to this conclusion, so when I saw the attack occur in such a tight area, I came to the realization that it was a setup because the quote "terrorists" were not good planners considering that Osama and his buddies supposedly took years to come up with this plan, whereas I came up with this opinion in 5 minutes and I'm not a terrorist who's mission was to destroy America
I would love to hear from Bigsby right now because his opinion on my vision of the attack as I would have done it is valuable and as he said.........
I deal in facts all the time. The whole point is that you and Bgamall completely ignore facts from actual scientists in favour of people who post up Youtube videos. Says it all really.
Question all you want but try and use your brain when you do so. Posting up Youtube videos made by 20 year olds with no background on the topic at hand isn't 'questioning the official BS,' it's being infantile in your analysis of a complex event that you have no scientific knowledge of.
Perhaps you'd like to explain how him being a Major General impacts on his ability to determine what sort of damage the plane would cause on hitting the Pentagon.
And what do you mean 'where did the wings go?' Have you actually read any of the reports on what happened? I take it you think there should be a cartoon cut out of an aeroplane on the side of the Pentagon. How very insightful of you.
I would love to hear from Bigsby right now because his opinion on my vision of the attack as I would have done it is valuable and as he said.........
a. You claim it melted steel. The official reports don't state that. The reports point to the steel losing structural integrity. That is not the same as melting.
b. What building 7 dilemma? A severe, prolonged and uncontrolled fire raged for an extended time in that building leading to a progressive internal collapse.
c. The WTC buildings were symbolic - hence why they were previously attacked. The terrorists weren't trying to destroy US commerce. Try reading up on some of the stated motives of al-Qaeda for attacking US targets.
Also Bigsby
-Look at the Lowy 100 year lease deal and understand that the WTC needed major renovation.
-If anyone is old enough here and from NY, they may recall a story somewhere in the late 80's or 90's when Donald Trump gave money towards renovating the elevator banks in the WTC so the building was in financial trouble.
-Also, what about the fake Osama videos claiming responsibility
-The meeting between the Bin Laden family and the Bush family on 9/11
-GWB's brother being the head of Securcom, which was responsible for security at the WTC and the airport where the hijackers departed from.......and much more
In the end Bigsby, if you are for the official story despite this, I don't know what to tell you...
YES!!!!
I was waiting for you man!!! Why were you so late to the party Bigz, I missed you man. I had Japanese for lunch today, I hope you were enjoying a good Friday afternoon lunch as well. I saw you speaking about Al-Qaeda here....
Bigsby says
The WTC buildings were symbolic - hence why they were previously attacked. The terrorists weren't trying to destroy US commerce. Try reading up on some of the stated motives of al-Qaeda for attacking US targets.
If my memory serves me correctly, weren't we now working with Al-Qaeda as allies in Syria?? Is the enemy of my enemy my friend or my enemy?? Are you sure that it was them because I thought they were our homeboys???
As Morpheus once said "take the red pill and I'll show you how deep the rabbit hole goes....."
YES!!!!
I was waiting for you man!!! Why were you so late to the party Bigz, I missed you man.
Er, I responded to you 10 minutes after your post.
If my memory serves me correctly, weren't we now working with Al-Qaeda as allies in Syria?? Is the enemy of my enemy my friend or my enemy?? Are you sure that it was them because I thought they were our homeboys???
As Morpheus once said "take the red pill and I'll show you how deep the rabbit hole goes....."
You appear to be as misinformed about Syria as you are about 9-11.
You are just reading from the usual conspiracy script. I tell you what, why don't you go and read about the topics on sites that aren't dedicated to trying to 'prove' the events were a gigantic government conspiracy.
Oh Bigz, you are the shiznit man. I should post a link to the 9-11 Commissions book from Amazon.com for you man so maybe a forum member who has more disposable income could score you a copy and mail it to you. I got another link for you that you might be interested in that may be of interest....
healthcare.gov
Don't believe the naysayers, by next year, the premiums will be cheaper and more affordable. And that image above, if you see this never mind and sign up anyway, it'll be cool, race you there
That's kind of you, but I have plenty of money. I've also read the findings of the report. I suggest you do the same.
And as it appears you are embarking on a bit of 9-11 trolling, I'll just call it a day with you.
Er, I responded to you 10 minutes after your post.
Thanks man, I appreciate it and you never answered my question about lunch dude, what did you have???
I had the Salman Teriyaki Lunch Box Combo with tea by the way....
Er, I responded to you 10 minutes after your post.
Thanks man, I appreciate it and you never answered my question about lunch dude, what did you have???
I had the Salman Teriyaki Lunch Box Combo with tea by the way....
Is that a genetically engineered new breed of fish? A rather boring choice for an obento, if you don't mind me saying.
Aww Bigsby, you take me all so wrong, as I said in my earlier post....
I like individuals who question things and are passionate about their beliefs, even when they are not received well as your comments are here in the forum. All of you here on Patrick are awesome and any judgement leveled on me in any forum I participate in is welcome, fun and entertaining so keep on keeping on!!!!
So as you can see, I'm not making fun of you. I appreciate your hard stance and we here at Patrick love your input and looking at the time here at work, you've helped me to burn the last hours of my Friday workday away and I am appreciative of that...
I didn't think you were making fun of me. After all, it is you who believes 9-11 to be a government conspiracy...
I had the Salman Teriyaki Lunch Box Combo with tea by the way
You got me there Bigz, my spelling in forums is not the best I admit.....
To be honest, many of the older folk in my family believe the official 9-11 commissions take on the events of 9-11. For them, I believe it's hard for them to believe that a government could hurt it's own people. Back in the days of WW2 and Hitler, do you think German citizens would have believed that Hitler was responsible for blowing up the Reichstag.....
Homeboy is only in the top twenty of most ignored here on Patnet. Bigsby is in the top ten!
I recommend ignoring Bigz. He is either a troll, ignorant, or so in denial that he believes office fires can melt steel.
Thanks again Professor, I should be listening to your lesson plan....LOL
I'm not offended at all and many believe the same as he does. All of us here in the forum found and go to Patrick.net because we believe something isn't working properly within this country, whether it be Real Estate, politics or other. It's this common thread that brings us all to the table. When the answers to all these questions are revealed, there will be many here who are owed an apology for being blown off, looks like we will both be on the receiving end of that apology and I will happily accept it and open my arms welcoming them back into the fold...
Note that the market is tumbling without the $ gaining any significant strength.
Depression on its way
p=1228603&page=2#comments
OK, let me get out my calendar. Let's see, breadlines by when? How 'bout April 1? That's got a nice ring to it. And riots by June 15.
It really is nothing to joke about. The snap to worse times will be quicker than anyone predicted.
Speaking of old predictions - you want to go back to this summer when you were all hysterical about us seeing some sort of epic decline in Case Shiller values?
I read about this recently and it does create some questions. Unlike 9-11, which I have seen a lot of documentation on, this incident I am not fully versed on and therefore would not be the best person to comment. What I can say is that the current agenda of our government seems to be to strip the average citizens of their arms making them defenseless, whether it be Columbine, Sandy Hook, 9-11, or other. They have good reason for this, as we read about the high level of corruption infesting all levels and areas of government and the idea that the proverbial crap will soon be revealed and armed citizens would be bad news for those corrupt individuals, which is probably the point bgamall4 is alluding to when referring to this story and posting it hear at Patrick. I'd hope this is not the case but unfortunately, my trust level of the current "powers that be" isn't very great and I cannot say with conviction that I believe in the integrity of our government and it's politicians....
Here are some of those gems:
It does??? Here is today's Case Shiller... Want to take a guess at the direction of home prices??
Huge down movement is already happening, we just have to wait for the data to get collected as we speak. Anyone thinking of selling but waiting is a fool. Now is a much better time than later.
I said "beginning", but I was more referring to the "oracle" anyways. This is
rich ;)
Wouldn't even the "beginning" of a bear market require prices to, you know, actually be falling?
Yes, and they are. Just wait until you are shocked by the sales that are occurring today in both the new and existing homes. Looking at June data and beating your chest really seems silly to me. We are almost in September and things are not as good as people believe. Sales are down, prices are down. You will see soon enough.
The oracle has the power of vision. You do not.
Sorry Oracle, in this case you are a fool and moron. The crash is happening right before our eyes. Next data sample will be horrific to the Oracle.
Yes, and they are. Just wait until you are shocked by the sales that are
occurring today in both the new and existing homes.
No offense, but you've been preparing me to be shocked for quite some time now. And your track record for delivering the shock is zero. I think I'll continue believing that the appreciation will slow this year, but there will be no reversal.
That is exactly why you and many will be shocked. To the point you will rush to the nearest agent and sell your cozy shack for 40 cents on the dollar.
Emerging markets have already crushed. There is a huge disconnect between US and EM equities. I don't think it can stay long like that. Eventually the gap will get smaller - EM could recover or US and EM meet in the middle.. Look at Turkey: https://www.google.com/finance?q=tur
Also, I forgot to say hello to my good friend Bigsby, with whom I have a great friendship that spans many hours since we met. I wanted you to feel comfort in the knowledge that I am following you here at Patrick so you can contact me anytime you'd like to talk and I hope you follow me to so we can converse often about all these great topics...
but I have plenty of money.
Rothschild Zionist money, Bigs?
No, money from a private sector job. I know you don't know what one of those is as you worked for the government, didn't you?
The weather never bothered me. There were plenty of sunny days. It's way too dry here for me.
I appreciate your hard stance and we here at Patrick love your input and looking at the time here at work, you've helped me to burn the last hours of my Friday workday away and I am appreciative of that...
You should see the crap he has posted on the other 9/11 forums posted here. You would have less reason to compliment him.
That's pretty laughable given your posting history on conspiracies. You're an individual who believes Sandy Hook et al were hoaxes, that 9-11 was a giant unseen and unheard demolition job, .... You post nothing but crap on here. I'm one of the very few people on here still bothering to read the nonsense you post. I enjoy the comedy value.
ten!
I recommend ignoring Bigz. He is either a troll, ignorant, or so in denial that he believes office fires can melt steel.
No, I believe office fires weakened the steel just like all the researchers with scientific qualifications who examined what happened. Notice the difference: melt vs weaken. It really isn't that difficult even for you. Are you now also denying that heat can WEAKEN steel (along with believing that silent and unseen demolitions brought down three buildings)?
The mere fact you make a post like that shows that YOU are the one doing the trolling, 'Professor'.
And I guess that you are also going to ignore Bgamall seeing as he tops the list of people ignored on this site.
Anyway, Bgamall makes me laugh. Your brand of stupidity just irritates me, so I'll help you and me out by putting you on ignore and saving everyone from a complete rehash of your 9-11 nonsense that you seem to be fishing for. Bye.
The weather never bothered me. There were plenty of sunny days. It's way too dry here for me.
That's probably because you are a professional dancer and have endorphins coming out of your ears. I do agree that the Bay Area has become very dry. I plan on visiting Portland over the summer and stay for a few weeks.
Not sure.
I know that a kitten gets a saucer of cream in heaven whenever an A-10 Warthog tags a police cruiser with a burst of 30mm depleted-uranium discipline.
Anyone who thinks the government can't do anything right should go to YouTube and search on "A-10 Taliban Hideout". Holy Living Fuck. Giving Freedom to Afghans, good and hard.
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