Comments on: Anticipating a Second Market Collapse

By: Mervin Jarrett

Mervin Jarrett — Wed, 05 Oct 2011 05:37:14 +0000

Yes……..great call. All those ‘doomsters’ who came out in July were WRONG.
To da moon Alice. Bull markets forever.

Did it ever cross your mind that the folks like Roubini might have something worthy of deeper thought other than a summary ‘ignore’ like the Fast Money Crowd. ..just passing by on my way to the Greek Cornucopia.

By: Jack Clark

Jack Clark — Mon, 19 Jul 2010 05:36:44 +0000

“Oh noooooooooooo. Can’t have any of that can we….”

You’re right we can’t because neither party, (hint, hint, your party too) refuses to stop the spending gravy train.

Regan instituted the largest tax increase ever in 1982.
And Bush II’s last three years in office were a spending boon doggle.

As much as hate to say this but, The Beagle has a point that if you haven’t noticed almost all the oil and corn/ethanol subsidies go to states the are Red so it’s not like the GOP is trying to stop the pork/wasteful and useless spending either.

Po, the thing you keep overlooking, on purpose I know, is that the Right has done little to nothing to stop spending when put in power and given a chance.

Cheney’s cronies, Bill Frist and Tom Delay were like pigs in a trough of money the last time the GOP was in control and they rightfully got booted out.

Why would GOP leadership be any different if it comes to pass in November or in 2012?

We CANNOT just cut spending to get the country out of this economic malaise.
Major spending cuts, that neither party will ever go along with, and tax increases are the only real combo that will work.

By: Rick Beagle

Rick Beagle — Mon, 19 Jul 2010 04:28:16 +0000

Big fan of decreasing spending. I say we stop both wars, and end all of those “no bid” contracts that we seem to keep giving? And let’s tell those Republican dogs who keep insisting that tax payers should pay for the BP cleanup to shut their pie holes!

Let’s start looking at those corn and oil subsidies – do we really need to give these corporations tax payer money?

And the list goes on.

You and I agree that spending should be cut, but you and your ilk want spending cuts on items meant to help our poor, our children, and our elderly.

Peace.
Rick Beagle

By: MasterPo

MasterPo — Sun, 18 Jul 2010 15:26:00 +0000

How about an “honestly” *decrease* in government spending?

Oh noooooooooooo. Can’t have any of that can we….

By: Rick Beagle

Rick Beagle — Sat, 17 Jul 2010 05:06:31 +0000

I’m not speculating on what may happen in the future, but honestly, without an increase in revenue, we are not going to make much headway on balancing the budget. Restoring the estate tax is a good step forward.

By: Rick Beagle

Rick Beagle — Sat, 17 Jul 2010 05:04:07 +0000

I don’t know where you get your information, but perhaps you should broaden your reading list to include PolitiFact. Honestly, you just spout falsehoods in almost every one of your posts. The sad part, I don’t think showing you factual information actually makes a dent in that thick head of yours. For what it’s worth, tax cuts and the stimulus:

http://www.politifact.com/truth-o-meter/statements/2010/feb/02/david-axelrod/axelrod-claims-democrats-passed-25-tax-cuts-last-y/

By: MasterPo

MasterPo — Sat, 17 Jul 2010 02:10:36 +0000

pps- Ricky, one of the first things Obama did was raise taxes on cigarettes.

There are millions of people making well under $250K that smoke.

Seems like “some kind of a tax increase” to me.

But that’s smokes so who really cares, right?