patrick.net

shrekgrinch says

tatupu70 says

Good one. I know you are a bit logically deficient, but someone saying proof exists is different than actually providing said proof.

You just admitted that you are full of shit, then.

Way to go, tat!

lol--Again. I know logic isn't your forte, but you're really screwing the pooch on this one.

I'm still waiting for you to provide any evidence.

(here's a clue for you: someone saying evidence exists isn't actually evidence)

shrekgrinch says

Google them yourself. I have long given up wasting my time to provide proof that you will absolutely refuse to acknowledge or will throw out useless (and inaccurate) red herrings or flat out ignore my response.

Ah, yes. The last resort of a troll. When asked to back up any of their claims with actual facts, they pull the "I don't have time", or "I'm not your google bitch" excuse. Shrek clearly has time enough to post 1891 comments here and has no trouble coming up with links when he wants to...

75 minute Debt ceiling meetings.

Bang up job guys, no don't put your self out, on a Sunday. I'm sure the ride to the meeting took longer than the meeting its self.

Now Obama promises meeting every day, between now and August 2 that's like a whopping 12 hours of talk.

"Obama reiterated his warning against either party taking a "maximalist position" in the ongoing negotiations, and insisted he is willing to take "significant heat" from his own party in order to get a deal done.

Republican leaders should as well, he said, referencing GOP opposition to any tax hikes."

In udder woids

Obama is willing to make the poor even poorer, if we could just tax the slippery rich.

Uh I don't want to be the voice of reason here(why start now) but, if Obama is willing to cut the valid social services the poor, elderly and infirmed, then why do we need to raise taxes.

To fund his Libya sorties?

Are you sure you guys aren't Republicans? It sure smells like it.

This is the era of "Microwaved Legislation"

sniff sniff can you smell it, Obama care took less time to craft, than it takes to microwave Popcorn.

But the bill would actually take longer to read through than War and Peace.

"Well I guess we just gotta pass it to see what's in it..." - Nancy Paleeze

Tenouncetrout says

"Don't let Obama drive us to disaster, change direction."

He can't change direction. He got no traction.

HousingWatcher says

How did TARP hurt small businesses?

By
a. debasing $
b. transferring wealth to banksters

Gold is clearly in a bubble. Unfortunately, as we have learned from real estate, it's impossible to tell how long a bubble will last. As John Maynard Keynes said, "Markets can remain irrational longer than you or I can remain solvent."

When gold falls, it probably will fall quickly because it is much more liquid and much smaller of a market than real estate. But timing that event is very risky.

I plan to stay away from the gold bubble just like I stayed away from the real estate bubble and the .com bubble. I figure, there are so many sharks in that pool that have insider info and watch the market 24/7. Those of us with day jobs can't afford the time needed to compete with the sharks.

Yes, Obama's polices stink. But any Republican who may beat Obama is going to be no better and will get voted out in 2016 when the economy still stinks.

The Republicans have controlled the House for 6 months and have yet to pass a single jobs bill. Not one.

http://www.youtube.com/watch?v=6ixNPplo-SU

I was just marveling at this chart yesterday:

Certainly a nice channel it's got there.

Italy will be the next catalyst, most likely.

Greece is already defaulted in my book. 31% for a 2 yr bond is just ridiculous.

Dan8267 says

Gold is clearly in a bubble.

Where is the irrational exuberance? Without showing this irrationality, just because you "feel" it is like a bubble doesn't make it so.

Many could clearly see housing was in a bubble when sub-prime loans started originating all over the place. That was the saturation point.

The saturation point for gold is so far away that I can't see it. Most people don't even know how to value it as a part of their portfolio.

All factors point an upward momentum for gold.

^ I agree with this.

Competitive devaluation just pushes up oil, gold, and all other commodities.

Sugar's up almost 100% in two years, too.

Here's a recent interview by Andrew Maguire, the whistleblower who exposed the naked shorts on precious metals markets by the big banks.

http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2011/7/11_Andrew_Maguire.html

He talks about the impact of a new 'Pan Asian Gold Exchange' on the price discovery of the physical gold/silver.

michaelsch says

HousingWatcher says

How did TARP hurt small businesses?

By
a. debasing $
b. transferring wealth to banksters

Why does that specifically target small businesses?

The banks had to pay TARP back with interest.

http://www.youtube.com/watch?v=qRyt4r8kxuo

I guess people quickly had forgotten that this
recession started during Bush administration.

Obama may not be doing the right thing. But
can we really blame him alone when it took 8 years
for Bush to do all the damage?

HousingWatcher says

The Republicans have controlled the House for 6 months and have yet to pass a single jobs bill. Not one.

So it's up to congress to create jobs now? Any jobs government creates are not going to be sustainable. Free market has to decide which jobs are needed at what pay grade.

The way Obama has been making promises it is up to the big government to create jobs, decide what we all should do, which houses we should live in, what healthcare we should have. But it all starts with voters who want to live off hand outs and be told what to do instead of paving their own path in life.

Nobody says

I guess people quickly had forgotten that this

recession started during Bush administration.

Obama may not be doing the right thing. But

can we really blame him alone when it took 8 years

for Bush to do all the damage?

I am pretty disappointed about how Obama has tried to fix this mess so far, but it does seem that some have very selective memories about how we got started on this down turn.

Known Criminals hired to hack phones by Newscorp
http://www.ft.com/cms/s/0/6155b970-abe6-11e0-945a-00144feabdc0.html#axzz1Rud1qtvy

Queen's Own Guards phone hacked by Newscorp
http://www.thisislondon.co.uk/standard/article-23968944-hacking-scandal-queens-police-sold-her-details-to-now.do

Newscorp attempted hack of 9/11 survivors' phones
http://www.newsmax.com/Newsfront/911-victims-phones-hacking/2011/07/11/id/403169

Just like the Italian, German, Irish, etc., etc.. It's a poverty thing, not a cultural issue. The only way to secure the borders is to have strict enough penalties and enforcement that no one will hire illegals. That's not gong to happen. Too many people make way too much money from the current situation. As long as there are people willing to employ illegals then they will come, even if you put the entire US military on the Mexican boarder. So nothing is going to happen, unless enough people get fed up that the politicians are more afraid of the voters than losing campaign contributions from employers exploiting illegals.

It's the victims fault for not being smart enough to change their passcode from 1234.
SO no sympathy here, for any involved.

Besides it's not like it was a facebook or tweeter hack.
that would create a rabble.

"Give us 100% AND we kill the hostage"

"But its YOUR fault, you made us do it."

"AND I happen to have this buddy over here who owns a mortuary chain that can dispose of the body"

Like I said, this is a gift for the Dems.

Assuming the reality of the situation escapes the rightwing media machine's obfuscation and enough voters grow the f- up.

Obama's alleged bargaining "sacrifices" really really pissed me off -- pushing off my medicare two years (costing me who knows how much), cutting my social security by $1000/yr.

Granted, if the Republicans walk away from this and destroy the country it will have been a master, master stroke by Obama and I will forgive him.

Republicans wanted to fight in Iraq and blow $3T on our military 2002-now, and now they don't want to pay for it, or, worse, they want ME to pay for it when I was against going in in the first place. F-ing Idiots.

Don't forget it was Republicans that wanted TARP.
Obama had no choice to keep it going. Now,
it is time to cut the budget and increase the
revenue.

What about all the unemployed inner city blacks and poor rural whites?

Farmers just don't want to pay free market wages.

Nobody says

Don't forget it was Republicans that wanted TARP.

Obama had no choice to keep it going. Now,

it is time to cut the budget and increase the

revenue.

Rofl, now TARP is 100% Republican? It was mostly the Republicans who voted it down initially. The dems were mostly behind it in full force. In the end, it was a bipartisan effort. They all loaded their special interests into the bill and voted as if this were a common everyday bill

EMan says

you and some media out there are very biased toward having a balanced budget without more taxes

LOL. Do you have functioning brain?

Since 2000:
The defense budget has nearly TRIPLED, rising from $350B to $950B.
Medicare/Medicaid has DOUBLED, from $400B to $900B.
The FICA surplus has gone from $70B to a deficit of $30B, a swing of $100B.
Welfare has DOUBLED from $200B to $500B.

Meanwhile, federal income taxes are $50B LESS than 2000:

http://research.stlouisfed.org/fred2/graph/?g=15B

OF COURSE WE HAVE TO RAISE TAXES TO PAY FOR ALL THIS SPENDING.

Of course, the Republican strategy is to force spending cuts, but not in defense. They want to cut social security, medicare, medicaid, welfare, education, etc.

We are so f-ed. Hello China or Mexico.

Nobody says

Don't forget it was Republicans that wanted TARP.

Obama had no choice to keep it going. Now,

it is time to cut the budget and increase the

revenue.

Yeah because it was a Republican controlled senate and congress right? And because it was Obama that promptly ran home to craft the TARP bail outs from his campaign trail, as to look rationale and doing something.

It's the Mongolians fault! It was the Penguins, we've been framed!

Oh and Bravo!!!!

Obama doesn't get to complete his Vanity mission.
He'll go down in History as a one term failure.

That is Change we can all agree on. The bipartisan summer of love, the Universal Health care, the ending of two wars, the not raising taxes on single penny for any American....

The Lies, after lies, after lies, after lies...

Thank God someone is stopping that Mad Man.

Gold's bubble will probably bust in 2-3 yrs.

Shrek--

Why is McConnell maneuvering behind the scenes for a new plan B if the Republicans are so much "in control"

http://www.politico.com/news/stories/0711/58801.html

It doesn't sound like Boehner even has control of his party anymore...

McConnell's plan to push this on the Dems is going nowhere, I hope.

Just raise the f-ing debt limit already.

You wanted a $3T war, we've got to keep borrowing or raise taxes to pay for it someday.

Federal income tax revenues are lower now than they were in 2000:

http://research.stlouisfed.org/fred2/graph/?g=15B

so we know cutting taxes for the "job creators" does not create jobs.

But I am curious whether the conservative spin machine will succeed in putting this on Obama. it's a quality gambit, I'll give you mofos that.

If shrekgrinch isn't trolling... Holy shit.

shrekgrinch says

No, the mathematics of the situation DEMANDS it. The Reps just want to destroy Obama's presidency by making him be the instrument of said mathematics.

What specifically... mathmatically... makes THIS the moment in time that huge, multi-trillion dollar cuts HAVE to be implemented? Also, why wasn't it viable to make huge spending cuts during the Bush years? Why now? Is it possible it has anything to do with poll numbers?

heh:

http://research.stlouisfed.org/fred2/graph/?g=15G

Income taxes have fallen to 8% of GDP.

Too high! We must keep taxes historically low on the "job creators" or they will flee to much higher tax locales!

What a line of hoo-haw.

Who want's a War?

Shoot I ain't never been good for nuthin' 'cept for lovin'.

Who want's a War?

96% of House Republicans and 98% of Rep Senators did, in 2002.

http://en.wikipedia.org/wiki/Authorization_for_Use_of_Military_Force_Against_Iraq_Resolution_of_2002#Passage

Ah yes, he's so staunch and unyielding, that steamroller of a man who never offers compromise or alternatives...

Related and equally connected to relevance, here're some anagrams for "Obama Threatens to Make Granny Eat Cat Food":

A Cabana Ed Forges Totter Hmm Knotty
A Cabana Ed Heft Grommets Knotty Tor
A Cabana Ed Knee Forgot Hmm Tot Tryst
A Cabana Ed Meek Front Got Myth Torts
A Cabana Ed Tether Fort Gym Knots Tom