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 Post subject: More Mitty Mistakes
PostPosted: Tue Sep 18, 2012 10:38 am  
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Querulous Quidnunc
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For those of you who haven't heard...Mittens threw another monkey wrench into his campaign via off the cuff remarks that were taped.

In it he talks about 47% of the vote that he's never going to get...they are the "takers" according to him.

Here's why that myth of "who doesn't pay federal income tax" is a lie:

http://www.washingtonpost.com/blogs/ezr ... t-matters/

TL,DR: Republicans blame people who don't pay income tax based on policies/tax cuts that were passed by Republicans (GW Bush and RR). Also >60% of people who "don't pay federal income tax" pay payroll taxes, sales taxes, etc. so it's not as though they aren't paying anything like the GOP would have you believe. Pretty hilarious.

At this point, I think Romney is trying to lose the election.


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 Post subject: Re: More Mitty Mistakes
PostPosted: Tue Sep 18, 2012 10:57 am  
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Obama Zombie
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/yawn
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 Post subject: Re: More Mitty Mistakes
PostPosted: Tue Sep 18, 2012 11:09 am  
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Querulous Quidnunc
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Eturnalshift wrote:
/yawn


Still didn't respond to the other link I posted. I guess you don't like arguing with facts? I legitimately want to hear your rebuttals...give me statistics...show me why I'm wrong. Your refusal leads me to believe you can't do it. So....I guess you just want to put your fingers in your ears and believe Mitt is the answer and Obama is the devil?


Azelma

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 Post subject: Re: More Mitty Mistakes
PostPosted: Tue Sep 18, 2012 11:40 am  
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Querulous Quidnunc
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Yet more proof that swing voters are the dumbest people in the history of the world. You notice Romney doesn't even say, "I'm going to reason with them", he says, "they need to like me and I'll appeal to their biases". If that's not demagoguery I don't know what is.

A country with a huge and mostly non-productive population isn't a welfare state, it's a third-world country, just like India or China or Russia or Nigeria or any other country before they modernized.

Mass desperation doesn't result in people turning turds to gold, it results in people rioting and overthrowing governments. Countries with productive economies don't stay productive by telling their citizens to work or starve, they stay productive by establishing the necessary conditions.

Because of greed, stupidity, bigotry, and years of getting by on abundant natural resources and exports under conditions that no longer apply (an undeveloped Third World and Europe at war), Americans don't understand how civilized countries actually work, and will ride this nonsense until the US sinks to the level of a third world country.


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 Post subject: Re: More Mitty Mistakes
PostPosted: Tue Sep 18, 2012 12:00 pm  
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Querulous Quidnunc
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Azelma wrote:
So....I guess you just want to put your fingers in your ears and believe Mitt is the answer and Obama is the devil?


Welcome to the Republican Party!

Now you guys know that I cannot foresee myself switching sides except for purely selfish reasons (less taxes for ME, I get to keep more of MY money, ME MY MINE etc etc). The difference, however, is I'm man enough to admit it.


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 Post subject: Re: More Mitty Mistakes
PostPosted: Tue Sep 18, 2012 12:59 pm  
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Querulous Quidnunc
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As if any of you have ever or would ever vote republican anyway.


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 Post subject: Re: More Mitty Mistakes
PostPosted: Tue Sep 18, 2012 1:09 pm  
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Obama Zombie
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Azelma wrote:
Eturnalshift wrote:
/yawn


Still didn't respond to the other link I posted. I guess you don't like arguing with facts? I legitimately want to hear your rebuttals...give me statistics...show me why I'm wrong. Your refusal leads me to believe you can't do it. So....I guess you just want to put your fingers in your ears and believe Mitt is the answer and Obama is the devil?

The lack of response comes from a few different things.

1) I didn't see the initial question being asked.
2) Nothing I could say would make a difference.
3) I didn't know if I have time to type a long-winded response, which, as I say in point two, will just fall on deaf ears.
4) I wasn't interested in giving a laundry list of line items which can be quoted and discussed, at length, in a thread, which will run in 15 different directions. Believe it or not, I, of all people, do get tired of it. :P

Bus since you've asked a couple times...

Let's pretend we have two toilets. In the first toilet, we've lifted the lid countless times and seen a turd just kinda floating there. Every single time we lift the lid, the turd is there. That isn't changing and the water just get's more disgusting the longer that turd stays in the toilet. The second toilet has a closed lid. Is there a turd? Isn't there? Is the water the cleanest ever? Who knows!?

If I want a 100% chance of getting a toilet with shit in it, I'd pick the first toilet.
If I don't want a shitty toilet, I'd pick the second... at least there's a chance the turd might not be there.

My concern going into this election is purely the economy. Obama's performance on this issue hasn't been that great.
* America's credit rating has been downgraded twice -- first times in our history.
* Our growth has been slow
* Our debt load is the highest it's been since WWII, exceeding 100% of our GDP
* Each year Obama has been in office, he's had an annual deficit of about 1.3 trillion
* Obama promised that we wouldn't see an unemployment rate over 8% if we passed the stimulus package; we haven't seen an unemployment rate under 8% in the last forty-something months.
* Obama hasn't seen very good job growth and, in several months, we've seen more people drop out of the labor market than jobs were created... this is partly why the unemployment rate is going down because the pool if people looking for work is shrinking.
* Obama sold ObamaCare as being solvent, but then we found out the ten year cost could be 0.9T... and then 1.3T... and every revision the CBO makes, that number keeps going up. Mind you, ObamaCare was meant to insure the uninsured (which was 60M Americans) and reduce costs, but ObamaCare only insures half that, and the cost of care is still going to rise. Missed the mark on target population. Missed the mark on cost.
* Obama pushed for the auto bailouts. GM, for example, is being touted as a great success! GM paid back its debt to the government... but, the government, in part of the bailout, bought a substantial number of shares as an injection of funds into the company. So far, the tax payers have lost 14.5 billion on that bailout, considering the government is considering selling the stock before the price drops lower.
* Obama had the embarrassing debt ceiling fiasco. There should be collision with the debt ceiling this December.
* We've had two periods of quantitative easing, and are currently in a third open-ended period, that will print an additional 40B in new money every month, until the economy "get's better" -- even though the first two periods weren't enough. (A criticism of failed policy being repeated because they're out of ideas, which are only going to hurt middle-america as the cost of the dollar devalues.)
* 1/6 Americans are in 'poverty'

I'm sure that's not all the economic and financial gripes that I have, and that's not even touching on foreign policy issues, hypocrisy in his statements or broken promises (that he made and didn't keep) that I don't like. I think he's been a largely ineffectual President and a poor leader, incapable of getting anything done before the Republicans took control of the House and had their gains in the Senate. I'm sure the President is a smart man, but I'm not sure he's smart enough for a second term as President. Pretty speeches and a 'cool' demeanor isn't enough to win my vote, and neither are his few successes (which have been shadowed by his failures).

So, I'm going to take my chance with Romney even if some people don't think his plan will work. Obama's plan didn't work and some people said it would be the best thing ever. His current plan isn't different from his last plan, so what does that tell you? "We need more time," is what we keep hearing. At worst, we trade one bad plan for another. At best, we get some policy which encourages positive economic change. Personally, I admire Romney's business history. I think he made a wise move going with Ryan, as I think Ryan is a highly intelligent man when it comes to budgets and economic understanding. I agree with them -- we need to reform Medicaid, rather than continuing to funnel money into a program which is nowhere near solvency. I think lowering taxes across the board is better than raising taxes on anyone during a recession. If removing loopholes and deductions increases a tax burden on Americans, then I'm fine with that, if it's going to help create some fiscal solvency. Ryan said several times that the tax reform and loopholes are to be discussed and debated in congress... and I think that's acceptable answer.

I've got some stuff to take care of.

PS: Don't make me spill your secret, Fanta. :P
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 Post subject: Re: More Mitty Mistakes
PostPosted: Tue Sep 18, 2012 1:13 pm  
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Eturnalshift wrote:
* America's credit rating has been downgraded twice -- first times in our history.

I was just skimming your post and I saw this. You're aware that the reason that our credit got downgraded is because the republicans decided to play chicken with the debt ceiling, right?


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 Post subject: Re: More Mitty Mistakes
PostPosted: Tue Sep 18, 2012 1:34 pm  
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Mns wrote:
Eturnalshift wrote:
* America's credit rating has been downgraded twice -- first times in our history.

I was just skimming your post and I saw this. You're aware that the reason that our credit got downgraded is because the republicans decided to play chicken with the debt ceiling, right?


My criticism of this issue isn't to imply that the President is the sole reason we've been downgraded, but since this happened under his watch, and since he's supposed to be a leader, then he's going to take flak for not helping broker a deal sooner. The "playing chicken" wasn't only a product of the Republicans. It's also worth nothing that S&P wasn't happy with the deal that was reached, post-chicken.

Quote:
We have lowered our long-term sovereign credit rating on the United States of America to 'AA+' from 'AAA' and affirmed the 'A-1+' short-term rating.

We have also removed both the short- and long-term ratings from CreditWatch negative.

The downgrade reflects our opinion that the fiscal consolidation plan that Congress and the Administration recently agreed to falls short of what, in our view, would be necessary to stabilize the government's medium-term debt dynamics.

More broadly, the downgrade reflects our view that the effectiveness, stability, and predictability of American policymaking and political institutions have weakened at a time of ongoing fiscal and economic challenges to a degree more than we envisioned when we assigned a negative outlook to the rating on April 18, 2011.

Since then, we have changed our view of the difficulties in bridging the gulf between the political parties over fiscal policy, which makes us pessimistic about the capacity of Congress and the Administration to be able to leverage their agreement this week into a broader fiscal consolidation plan that stabilizes the government's debt dynamics any time soon.

The outlook on the long-term rating is negative. We could lower the long-term rating to 'AA' within the next two years if we see that less reduction in spending than agreed to, higher interest rates, or new fiscal pressures during the period result in a higher general government debt trajectory than we currently assume in our base case.


The second downgrade...
Quote:
Egan-Jones Ratings Co. said Friday it downgraded its U.S. sovereign rating to AA- from AA on concerns that the Fed's new round of quantitative easing, or QE3, will hurt the U.S. economy. The ratings agency said the Fed's plan of buying $40 billion in mortgage-backed securities a month and keeping interest rates near zero does little to raise GDP, reduces the value of the dollar, and raises the price of commodities. "From 2006 to present, the US's debt to GDP rose from 66% to 104% and will probably rise to 110% a year from today under current circumstances; the annual budget deficit is 8%," Egan-Jones said in a note. "In comparison, Spain has a debt to GDP of 68.5% and an annual budget deficit of 8.5%."


We still have a negative outlook with Moody's, S&P and Fitch.
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 Post subject: Re: More Mitty Mistakes
PostPosted: Tue Sep 18, 2012 1:44 pm  
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Querulous Quidnunc
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So did Bush leave the country better than he found it? Did budget deficits grow or shrink under Reagan?
When in history has a country ever been turned around in four years, even under dictatorial rule?

Usdk wrote:
As if any of you have ever or would ever vote republican anyway.


Perhaps because I don't like ten-letter words that begin with "R".

Or why do you think?


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 Post subject: Re: More Mitty Mistakes
PostPosted: Tue Sep 18, 2012 1:49 pm  
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I think that the country is so polarized that people on either side of the aisle can't even see each other anymore.


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 Post subject: Re: More Mitty Mistakes
PostPosted: Tue Sep 18, 2012 1:52 pm  
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Usdk wrote:
I think that the country is so polarized that people on either side of the aisle can't even see each other anymore.


This does not apply to me because I do not identify with the Democratic party either - so...


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 Post subject: Re: More Mitty Mistakes
PostPosted: Tue Sep 18, 2012 1:58 pm  
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Querulous Quidnunc
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Also, I don't really believe these videos (another one emerged) are really "secret". I think this is his way of trying to convince the country he really does believe in this nonsense.


Aestu of Bleeding Hollow...

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 Post subject: Re: More Mitty Mistakes
PostPosted: Tue Sep 18, 2012 2:02 pm  
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Querulous Quidnunc
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Well I hardly identify with the republican party, but you share some of the same values with the democrats, as I share some of the same values with the republicans. Just because you don't label yourself as such doesn't mean you don't lean a certain way.

so...


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 Post subject: Re: More Mitty Mistakes
PostPosted: Tue Sep 18, 2012 2:08 pm  
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Querulous Quidnunc
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Usdk wrote:
Well I hardly identify with the republican party, but you share some of the same values with the democrats, as I share some of the same values with the republicans. Just because you don't label yourself as such doesn't mean you don't lean a certain way.


You attributed viewpoints to partisan bias. I'm not a partisan so that doesn't apply.

What values do you think I share and why? What about you?


Aestu of Bleeding Hollow...

Nihilism is a copout.
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