Does Anyone feel like Bailing

[classicman]

Well Tommy, perhaps you've conveniently forgotten your attacks not only on other posters, but also on their wives - other people haven't.
Shall we take a little trip down memory lane?
Do you really wanna go there?

[tw]

Originally Posted by classicman

Shall we take a little trip down memory lane?
Do you really wanna go there?

Yes I do. We should remember you started it because that is what extremist do. And have no problem again going after those who would post demeaning personal attacks to avoid reality. Shame that it had to come to that. As a wacko extremist, you were only posting personal attacks and insults. Only attacking because you could not defend what you were told to think. I do not apologize for posts that you made necessary.

Redux discusses how to address the long list of disasters created by extremists, George Jr supporters, and the "Reagan proved that deficits don't matter" philosophy. His ideas have merit. So extremist attack him, and Pelosi, et al rather than deal with the reason for our economic malise. Economic problems that in some cases were identified (warned of) years before they happened. So destructive as to even create a $1 trillion debt we have yet to start paying for - Mission Accomplished.

Even bin Laden is still alive because wackos subverted numerous attempts to get bin Laden. So you will attack Obama? Probably.

When was the last year you had an original thought? Silence or lies will follow. Or post more Redux attacks.

[classicman]

Originally Posted by tw

Yes I do. We should remember I started it As a wacko extremist, I only post personal attacks and insults. Only attacking because I could not defend what I was told to think.

Yes, Tommyboy, you came in late and attacked - goodie for you.
I however had naught to do with it. So take your bitter, bile-laden posts and stick 'em.

Silence or lies will follow. Or post more Redux attacks.

Or more questions which you again cannot answer asking you to back up your lies. As usual your accusations have zero merit. Redux has posted things, some of which I agreed with and other I didn't. But that is not the point and your diversions will not stray from the fact that you Tommyboy, tw, called another posters wife a gonorrhea dripping whore.
Here is one and another
There are more, but I just remembered something - you aren't worth my time.

Oh, on top of that you're still too small a man to apologize. Why I ever took you off ignore, I do not know.

[jinx]

Originally Posted by classicman

Shall we take a little trip down memory lane?
Do you really wanna go there?

Do you think ANYONE does???

[classicman]

Not really, but it isn't right for him to come out of nowhere and start shit, act like he's never said anything like that and drag me into it, when I had nothing to do with it. I could not tw's hypocrisy go unchecked.
My point was made - back on ignore he goes.

[tw]

Originally Posted by classicman

Not really, but it isn't right for him to come out of nowhere and start shit,

So you attack people rather than contribute facts and knowledge. Your recite Rush Limbaugh rhetoric. Then attack others (ie Redux) using Limbaugh techniques. When called out for doing so, you cry that is unfair?

Why a double standard? Because you are doing exactly what Limbaugh does. After all, extremists are god’s chosen people. How dare they be exposed for attacking others – and having no facts. Fair is to go after those who do as you do - with vindication. I only apologize to others for not exposing your techniques and political agenda often enough.

Redux tried to have a logical discussion. So wackos subverted it with attacks on a ‘liberal agenda’. Same techniques used by Nazis to subvert Germany. “Disparage the bourgeois and intelligencia”. Attack others. Then logical thinking cannot happen. Then political extremism can thrive. How unfair that I would identify what you (and TheMercenary) are doing.

[classicman]

But that is not the point and your diversions will not stray from the fact that tw, you called another posters wife a gonorrhea dripping whore.
You aren't worth my time. Please stop addressing me. You are completely wrong and have added nothing constructive. Good day, I said GOOD DAY!

[tw]

After many years, economic data is reporting what really happened. From the Washington Post of 1 Jan 2010:

U.S. economy took a dive in the 2000s, a lost decade for workers
For most of the past 70 years, the U.S. economy has grown at a steady clip, generating perpetually higher incomes and wealth for American households. But since 2000, the story is starkly different.

The past decade was the worst for the U.S. economy in modern times, a sharp reversal from a long period of prosperity that is leading economists and policymakers to fundamentally rethink the underpinnings of the nation's growth.

It was, according to a wide range of data, a lost decade for American workers. A decade that began in a moment of triumphalism and the idea among some economists that recessions were a thing of the past has included two of them -- bookends to a debt-driven expansion that was neither robust nor sustainable.

There has been zero net job creation since December 1999. No previous decade going back to the 1940s had job growth of less than 20 percent. Economic output rose at its slowest rate of any decade since the 1930s as well.

Middle-income households made less in 2008, when adjusted for inflation, than they did in 1999 -- and the number is sure to have declined further during a difficult 2009.

Average American has seen his incoming drop 2% while the richest have seen salaries increase less than 100 times.

The first decade of the new century was an experiment in what happens when an economy comes to rely heavily on borrowed money.

"A big part of what happened this decade was that people engaged in excessively risky behavior without realizing the risks associated," said Karen Dynan, co-director of economic studies at the Brookings Institution. "It's true not just among consumers but among regulators, financial institutions, lenders, everyone."

The experiment has ended badly. While the stock market bubble that popped in 2000 caused only a mild recession, the housing and credit bubble has had a much greater punch -- driving the unemployment rate to a high, so far, of 10.2 percent, compared with a peak of 6.3 percent following the last such downturn.

But then our leaders said, "Reagan proved that deficits don't matter". We were told how to think. Time to start paying for those who spent money recklessly.

[classicman]

Well according to that logic the current administrations spending, which is making Reagan's look like pocket change comparatively, sure isn't going to help the next decade.

[SamIam]

Well, it took the idiots in the Bush White House eight years to get us into this mess. What makes you think that someone can wave a magic wand and all our problems will be over yesterday?

[tw]

Originally Posted by classicman

Well according to that logic the current administrations spending, which is making Reagan's look like pocket change comparatively, sure isn't going to help the next decade.

Then add facts you always forget. Spending is only a symptom. Who created those debts years earlier. Extremists always forget that to take cheap shots at Obama.

Not only did extremists subvert the Clinton surplus. Now we begin paying for Mission Accomplished, tax cuts to the wealthy, K Street corruption, science rewritten by White House lawyers (and the resulting stifled innovations), 'Axis of Evil', a space program in such disarray as even almost destroy Hubble, subversion of world respect for America, and ...

Why were seven largest American banks told they had eight hours to save the American economy? After eight years of extremism management and welfare to the rich, the banks only had eight hours warming? Even short term economic activity was subverted. By openly permitting Enron style accounting (extremists even refused to prosecute Lay and Skilling), finance people could no longer trust anyone. How bad is that when even the crooks will not loan money.

Reality means facts, numbers, and honesty as reported in The Washington Post. Which only confirms what the middle class has known. Even Harvey Pitts refused to increase the SEC budget - since Madoff, et al was so good for America. Or do you also blame that debt on Obama? Obama did not mortgage the American economy? Why do you again forget reality? The George Jr decade is the only post war decade to subvert American wealth and economy.

I believe Cheney called it "Mission Accomplished".

[classicman]

Try not to be so overtly sensitive this time. No more blame game. What is the recurrent spending of this administration going to do to the future?
I think its quite clear that there is PLENTY of blame to spread around as to how we got to this point.

Originally Posted by classicman

Try not to be so overtly sensitive this time. No more blame game. What is the recurrent spending of this administration going to do to the future?
I think its quite clear that there is PLENTY of blame to spread around as to how we got to this point.

Putting aside the blame....the proposed solutions dont come without a price and the price is steep because the problems were deep.

I would also suggest, they come with a long-term outlook and not a quick fix approach......leaving it open to short-term criticism.

And those who oppose the solutions do nothing but criticize and rarely if ever offer a solution of their own....whether its economy recovery, banking reform, health reform.....

added:
Why not attempt to make the criticism more constructive, at least in this corner of the universe, rather than flooding the discussion with the never-ending negative opinions of columnists or partisans with an agenda of their own.

Four pages ago, I posted a bill that is now on the table to address future bail-outs, sub-prime lending, questionable unregulated financial activities, etc. and with the exception of tw, there was little interest in having a serious discussion.

So...I would ask again, if you dont like it, why not and what would you propose? And by that I mean your opinion and not snips from columnists with an agenda, who more often than not, distort or misrepresent the facts to support their agenda.

[xoxoxoBruce]

Originally Posted by Redux

And those who oppose the solutions do nothing but criticize and rarely if ever offer a solution of their own....whether its economy recovery, banking reform, health reform.....

They are actually making things worse, by undermining the restoration of consumer confidence which is a huge part of actual recovery.

added:
Why not attempt to make the criticism more constructive, at least in this corner of the universe, rather than flooding the discussion with the never-ending negative opinions of columnists or partisans with an agenda of their own.

Four pages ago, I posted a bill that is now on the table to address future bail-outs, sub-prime lending, questionable unregulated financial activities, etc. and with the exception of tw, there was little interest in having a serious discussion.

Just because you chose to dismiss my skepticism of it being effective, without some serious punishment of the thieves, scaring them straight, doesn't mean I wasn't serious. :p

Originally Posted by xoxoxoBruce

They are actually making things worse, by undermining the restoration of consumer confidence which is a huge part of actual recovery.

Agreed.

IMO, the worst culprits are those members of Congress who voted against the recovery act and continue to suggest it was financially irresponsible while, at the same time, waving recovery checks in front of constituents at home, and taking credit for bringing jobs to the district.

Just because you chose to dismiss my skepticism of it being effective, without some serious punishment of the thieves, scaring them straight, doesn't mean I wasn't serious. :p

I agree any solution needs strong sanctions and enforcement provisions and this bill probably doesnt go far enough in the that respect...giving more power to the SEC, which has demonstrated its conflict of interest in the past, is not the best solution.

IMO. it also doesnt go far enough to restoring the walls between commercial banking and investment banking that were torn down with the last deregulation.

But it does address the unregulated derivatives market, credit default swaps and hedge funds, and to some extent, the irresponsible sub-prime lending, with tougher regulations.

Is it enough? Perhaps not, but you have to start somewhere.

It appears the Senate might be taking a different approach, starting with a bi-partisan bill sponsored by McCain and Cantwell that would reinstate the Glass-Steagall Act, the depression era law that created the wall between commercial banks and investment banks that was torn down in the 1999 legislation and, in large part, led to the failures of AIG, Lehman Bros, Citigroup, etc.