And they impeached Clinton for what? - Page 3

Quineloe · 11-21-2007, 10:10 AM

Quote:

Originally Posted by xilsharn

Iraq is actually in pretty good shape. =) Nothing to do with GWB though. I think the credit goes about up to Gen. Petraeus.

Really? is everyone dead there now?

xilsharn · 11-21-2007, 10:11 AM

I can see this thread going places.

xilsharn · 11-21-2007, 10:12 AM

Quote:

Originally Posted by Quineloe

Really? is everyone dead there now?

Yeah, everyone but me. Falafel for everyone! (me)

Ashes Emberblade · 11-21-2007, 10:14 AM

Quote:

Originally Posted by xilsharn

Maybe you're a professional economist, I don't know, but I would not classify the subprime meltdown (cliched metaphor is getting tired already) as a minor bump. Just the drop in equity cashouts is going to equate to a huge drop in consumer spending. Hell, it already is.

It's a negative in the short term, it's a positive in the long term. Short term we get even slower housing sales/starts for single family homes, increased sales/starts for multi-family (which is a wash as far as I'm concerned, others may disagree.) Some lenders take a hit, with a few becoming acquisition targets or even going under. With all the competition in the lending market a little consolidation won't hurt much. The biggest short term problem will be blight from foreclosed houses.

Consumer spending does not drive our economy. Only the talking heads on tv think that. Our economy is driven by investment and research and development. The news will report whether Wal-Mart or Bestbuy had good retail sales and then analyze that to death, but they won't report on Merck's RoI for R&D, or Caterpillar's newest product innovations, etc.

In the long term lending will tighten, which is very good, because lenders were being very loose with their criteria and making bad investments by lending to people who normally wouldn't qualify at the maximum possible amount they could lend. This essentially created a false economy in which single family home demand was artificially higher than it should have been. The housing market, in my opinion, really needs this shakeup because it's overwhelmingly bloated. This will further drive single family home prices down, which is great, because they've been overpriced for a decade.

xilsharn · 11-21-2007, 10:19 AM

Consumer spending has a big impact on the stock market don't they?

xilsharn · 11-21-2007, 10:20 AM

*doesn't it...

(Watching Family Guy while posting doesn't work too well)

Ashes Emberblade · 11-21-2007, 10:24 AM

That's the biggest gripe I have with how the news reports on the economy. They'll say something like "New retail sales figures sent the DOW into a tailspin, dropping 250 points." When, in reality, there are easily a thousand factors influencing the movement of the markets on a given day.

The news oversimplifies economics greatly.

So to answer your question, yes, it does, but it's only one factor among thousands, and is at best a minor player.

chaos · 11-21-2007, 10:25 AM

Quote:

Originally Posted by xilsharn

How was he involved in the cover up?

It's all alleged right there in the article, but there will be no real investigation, no one will care. It's still fucked up. The only investigation they have had was denied so much information due to executive privilige it would make Nixon blush.

xilsharn · 11-21-2007, 10:40 AM

Quote:

Originally Posted by chaos

It's all alleged right there in the article, but there will be no real investigation, no one will care. It's still fucked up. The only investigation they have had was denied so much information due to executive privilige it would make Nixon blush.

So, you're being irrational. Check. (i.e. you don't actually know Bush knew all about this and is covering up.)

chaos · 11-21-2007, 10:46 AM

We know someone, in the White House, leaked this in political revenge for her husband's little article about the yellow cake. We know Libby and Rove, at least, tried to cover up the leak and the coverup itself. And I'm irrational for thinking that the evidence points towards the President and VP being involved when their 2 top advisors are KNOWN to be involved? I guess...

xilsharn · 11-21-2007, 10:49 AM

Yes. Thread over.

Don't put so much thought into politics. It's old white men with a lot of money controlling the future of everything. What does getting mad about it do for you? Nothing. Nothing ever changes, our political climate is stagnant. The U.S. and Iraqi governments are remarkably similar, that's what cracks me up about the Congress rebuking the Iraqi legislature for taking a vacation.

chaos · 11-21-2007, 10:52 AM

I know I know, we are the sheep and they are the fat white landowners laughing themselves silly. I try not to care, I really do, but part of me is still young and self righteous, and believes that the right thing should happen, and that government is there for the people. I care a lot less now than I once did, on my way to full blown apathy but I'm just not quite there yet.

xilsharn · 11-21-2007, 10:54 AM

Does the phrase "tilting at windmills" mean anything to you?

Khorum · 11-21-2007, 10:55 AM

Hahaha Dubya and Cheney can tagteam a 9-year-old boy scout on CSPAN and this congress couldn't do a fucking thing about it. Not. One. Damned. Thing. CNN knows it. Every pinko blogger knows it. And even the thoroughly fuckable Valery Plame knows it.

They couldn't override one veto. They couldn't get a single critical success factor much less a timetable out of the President. They couldn't muster a filibuster on a single spending issue. In fact, after they failed to censure Rush Limbaugh for alerting the public how Reid and Pelosi has turned congress into a Woodstock Reunion Club they tried to extort Limbaugh's employers into firing him and then tried to take credit when Rush raised 2 million for charity by selling their threatening letter on Ebay! Pro, real fucking pro.

So yeah, unless freak accident where a detached jet engine falls onto Reid, Pelosi and Howard Dean at the same time the only thing you twats can hope for is to CRY THE FUCK MORE.

Goliath · 11-21-2007, 10:56 AM

Quote:

Originally Posted by ...

as long as bush avoids getting oral sex from a fat chick, he's safe

Fat chicks are supposed to give the absolute best blow jobs. I have no idea, but I think it makes sense and wish I'd have tried it out.

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11-21-2007, 10:11 AM	#32 (permalink)
xilsharn Definitely a chick Join Date: Jan 2003 Location: San Jose, CA Posts: 1,743 -4 Internets	I can see this thread going places.

11-21-2007, 10:19 AM	#35 (permalink)
xilsharn Definitely a chick Join Date: Jan 2003 Location: San Jose, CA Posts: 1,743 -4 Internets	Consumer spending has a big impact on the stock market don't they?

11-21-2007, 10:20 AM	#36 (permalink)
xilsharn Definitely a chick Join Date: Jan 2003 Location: San Jose, CA Posts: 1,743 -4 Internets	*doesn't it... (Watching Family Guy while posting doesn't work too well)

11-21-2007, 10:24 AM	#37 (permalink)
Ashes Emberblade I Do It For The Negs Join Date: Nov 2002 Location: NOLA Posts: 1,797 -80 Internets	That's the biggest gripe I have with how the news reports on the economy. They'll say something like "New retail sales figures sent the DOW into a tailspin, dropping 250 points." When, in reality, there are easily a thousand factors influencing the movement of the markets on a given day. The news oversimplifies economics greatly. So to answer your question, yes, it does, but it's only one factor among thousands, and is at best a minor player.

11-21-2007, 10:46 AM	#40 (permalink)
chaos Registered User Join Date: Jun 2003 Location: NoVa Posts: 7,138 +29 Internets	We know someone, in the White House, leaked this in political revenge for her husband's little article about the yellow cake. We know Libby and Rove, at least, tried to cover up the leak and the coverup itself. And I'm irrational for thinking that the evidence points towards the President and VP being involved when their 2 top advisors are KNOWN to be involved? I guess...

11-21-2007, 10:49 AM	#41 (permalink)
xilsharn Definitely a chick Join Date: Jan 2003 Location: San Jose, CA Posts: 1,743 -4 Internets	Yes. Thread over. Don't put so much thought into politics. It's old white men with a lot of money controlling the future of everything. What does getting mad about it do for you? Nothing. Nothing ever changes, our political climate is stagnant. The U.S. and Iraqi governments are remarkably similar, that's what cracks me up about the Congress rebuking the Iraqi legislature for taking a vacation.

11-21-2007, 10:52 AM	#42 (permalink)
chaos Registered User Join Date: Jun 2003 Location: NoVa Posts: 7,138 +29 Internets	I know I know, we are the sheep and they are the fat white landowners laughing themselves silly. I try not to care, I really do, but part of me is still young and self righteous, and believes that the right thing should happen, and that government is there for the people. I care a lot less now than I once did, on my way to full blown apathy but I'm just not quite there yet.

11-21-2007, 10:54 AM	#43 (permalink)
xilsharn Definitely a chick Join Date: Jan 2003 Location: San Jose, CA Posts: 1,743 -4 Internets	Does the phrase "tilting at windmills" mean anything to you?

11-21-2007, 10:55 AM	#44 (permalink)
Khorum Registered User Join Date: Mar 2005 Location: Chicago Posts: 4,594 -36 Internets	Hahaha Dubya and Cheney can tagteam a 9-year-old boy scout on CSPAN and this congress couldn't do a fucking thing about it. Not. One. Damned. Thing. CNN knows it. Every pinko blogger knows it. And even the thoroughly fuckable Valery Plame knows it. They couldn't override one veto. They couldn't get a single critical success factor much less a timetable out of the President. They couldn't muster a filibuster on a single spending issue. In fact, after they failed to censure Rush Limbaugh for alerting the public how Reid and Pelosi has turned congress into a Woodstock Reunion Club they tried to extort Limbaugh's employers into firing him and then tried to take credit when Rush raised 2 million for charity by selling their threatening letter on Ebay! Pro, real fucking pro. So yeah, unless freak accident where a detached jet engine falls onto Reid, Pelosi and Howard Dean at the same time the only thing you twats can hope for is to CRY THE FUCK MORE.