Obama Thanks Supporters After Winning Re-Election

[theslime]

Yes, the U.S. is very divided politically with The Women, The Blacks, The Latinos, The Asians, The Homosexuals, The Young, The College-educated on one side and some angry, bitter, old, white males on the other.

And yes, 47% of Americans want "stuff": roads, bridges, schools, fire/police, FAA, FCC, FDA, CDC, FBI, FDIC, FEMA, VET, maybe fewer prisons?, Military, you know, "Stuff".

Isn,t that stuff,

the Republican nightmare Socialism.

[theslime]

Chuck:

Interesting article about consumption taxes from that radical lefitst publication: Bloomberg

http://www.bloomberg...ficit-view.html

Economic policy debate anyone?

Sounds of silence.......

Maybe the people complaining about poor people and their "hand outs" were off checking to see if their own social security stipends or government pensions were deposited?

\

Social Security is an entitlement for which I and every other working American have already paid. I contributed for 50 years for my government "stipend".

I never drew unemployment, food stamps or welfare of any sort. You may be the expert on that, I do not know.

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Samran, give me a little time to do some things around the house. Let me address one thing before I complete my chores.

Your suggestion that we cut out all agricultural subsidies will save about $20 Billion per year. You have just covered the cost of 2 days and five hours of government operations. Congratulations.

How about cutting the EPA, DHS, Energy Dept., Education Dept., foreign aid, Labor Dept, Czar Dept., ad nauseum? This is only the start of my suggestions.

Are you an Anachist? Did you get Expelled by the Education Department? Obviously let those honest Loggers and miners into Yellowstone and <deleted> places like the Congo.

[Chicog]

I see Fox this morning are now criticising Obama for going to Asia instead of "addressing the fiscal cliff". If he doesn't visit countries - they bitch. If he does - they bitch. What a bunch of moaners.

I finally watched the NatGeo "Seal Tim Six" film last night. It's a pretty crap dramatisation to be honest, and I doubt Obama got any extra votes from the few dozen people that actually watched it before the election.

Ironic to hear that seven members of the team have had their pay docked and other penalties because apparently they gave a little to much information to the publisher of the "Medal of Honor" game series.

How did that even make the news? Now the terrorists know which games to buy!

[Chicog]

Are you an Anachist? Did you get Expelled by the Education Department? Obviously let those honest Loggers and miners into Yellowstone and <deleted> places like the Congo.

Maybe time to start a new thread on "How can America balance the budget"?

We already know that there is no need to start issuing permits left right and centre to pump oil and gas like buggery.

America is already producing more gas than it knows what to do with, and the Qataris (?!) are talking about building an export terminal to ship it overseas.

If the US has got that much gas, and since it's quite a clean fuel, why don't they start developing energy producing technologies that use it? That would be a great start towards energy self sufficiency would it not? Plus it would keep the climate people happy/help the planet (depending on your viewpoint).

[bendejo]

Your suggestion that we cut out all agricultural subsidies will save about $20 Billion per year. You have just covered the cost of 2 days and five hours of government operations. Congratulations.

Ho-hum, the standard cat's cradle. Overly eager to cut all these few million $$ programs because "we can't afford them" but when it comes to something they're against (like raising taxes for the rich) you get "that would only raise $500 billion in ten years, that wouldn't even be a drop in the bucket."

Great heroic stance by Mitt announcing he would scrap PBS (pandering to O'Reilly no doubt, who's had a hair up his butt over Public Broadcasting ever since not-yet-senator Al Franken cut him up on "Fresh Air"), while the moderator Jim Leher has been PBS figure for decades. Way to go, Willard!

[3SoiDogNight]

Yes, the U.S. is very divided politically with The Women, The Blacks, The Latinos, The Asians, The Homosexuals, The Young, The College-educated on one side and some angry, bitter, old, white males on the other.

What's with all the bigotry and hatred?

There are plenty of angry, bitter people that are young, women, Black, Latino, Asian, homosexual and college educated. You chose to only single out "old white males" as angry & bitter. What's that all about?

[chuckd]

Your suggestion that we cut out all agricultural subsidies will save about $20 Billion per year. You have just covered the cost of 2 days and five hours of government operations. Congratulations.

Ho-hum, the standard cat's cradle. Overly eager to cut all these few million $$ programs because "we can't afford them" but when it comes to something they're against (like raising taxes for the rich) you get "that would only raise $500 billion in ten years, that wouldn't even be a drop in the bucket."

With the Obama budget running an average $3.6 trillion, a 10 year projection of that would be $36 Trillion.

You are absolutely correct. That magical "tax the rich" scheme raising $500 Billion over the same 10 year period amounts to...ready for this???

.014% of the total.

That, sir, IS a drop in the bucket.

[Credo]

And the bucket will have to be filled one drop at a time.

[chuckd]

Maybe time to start a new thread on "How can America balance the budget"?

We already know that there is no need to start issuing permits left right and centre to pump oil and gas like buggery.

America is already producing more gas than it knows what to do with, and the Qataris (?!) are talking about building an export terminal to ship it overseas.

If the US has got that much gas, and since it's quite a clean fuel, why don't they start developing energy producing technologies that use it? That would be a great start towards energy self sufficiency would it not? Plus it would keep the climate people happy/help the planet (depending on your viewpoint).

Ask your (oops) newly reelected President. His Energy Department is the one spending and losing Billions of tax dollars on wind and solar power.

Just in case you haven't run across this on the internet, oil drilling on federal land is down under the Obama administration. The increase in oil production is largely on privately owned land and drilling permission from the federal side is not required.

Edited November 9, 2012 by chuckd

[Steely Dan]

David Walker for President (former GAO General)

30 Pages later and the Democrat supporters are still bitching, whilst the ship heads inevitably towards an iceberg. The sad thing is that denial seems universal and the way the electoral system works means that everything revolves round a 4 year event horizon.

Anyway lets fast forward to the inevitable denouement. What then? Here is a list off the top of my head.

1) Collapse of the dollar into a hyper-inflationary spiral.

2) Default of U.S sovereign debt causing global depression.

3) An already divided nation turns on itself as starvation becomes a possibility.

4) Geronticide, or forced deportation of those unable to pay their way.

Of course the inevitable problem of a collapsing tax base can be delayed by large scale immigration, all of whom are given easy credit to prop up spending, they will of course leave in their droves when the music stops.

P.S This is economics not politics, the two seem to have scarcely any connection any more.

[Chicog]

Just in case you haven't run across this on the internet, oil drilling on federal land is down under the Obama administration. The increase in oil production is largely on privately owned land and drilling permission from the federal side is not required.

As discussed earlier, America does not control the oil price, and simply pumping more is not going to have any noticeable fiscal impact. America would be better leaving it in the ground, developing alternative technologies and using its bountiful gas supplies, and then reaping the benefits when Oil hits 300, 400, 500 dollars a barrel as supply dwindles.

But of course that needs slightly longer thinking than 4 years.

[bendejo]

I see Fox this morning are now criticising Obama for going to Asia instead of "addressing the fiscal cliff". If he doesn't visit countries - they bitch. If he does - they bitch. What a bunch of moaners.

Now you're getting the picture.

But that's just the tip of the hypocrisy. The right-wing "USA #1" my flag pin is bigger than yours crowd, who (otherwise) equate dissent with treason, won't agree with this president on the time of day. Does that make them enemies of the state?

When O got the Nobel Prize the FN choir was incredulous. All that patriotic fervor is as authentic as a Thaksin statement.

The GOP has always been a bunch of pri_cks in my opinion, but I always did give them credit for being up-front about what they are. This changed in the 1990s, and I think it's the Ailes machine that started it.

[Chicog]

I'm watching some nonsense on Fox called "The Five". My god, talk about bitter old white men, there's one very bitter mid-30's white man on there, and boy is he a loudmouth.

He's "demanding" that Obama pardons the Coptic Christian who set out to inflame religious tensions around the world, even though he's actually been jailed for Parole violation and not for making his pitiful film.

LOS ANGELES — The man behind the anti-Islam video blamed for sparking widespread protests in the Muslim world was jailed for one year Wednesday for breaching the terms of his probation for a previous offense.

Mark Basseley Youssef will serve the sentence in federal prison after he admitted four allegations of using false identities, violating the terms of his probation for a bank fraud conviction in 2010.

They really are stupid people.

[Chicog]

Oh and if you're interested, Obama will be making a statement later on the "Fiscal cliff" in his first address since the election.

[Steely Dan]

Oh and if you're interested, Obama will be making a statement later on the "Fiscal cliff" in his first address since the election.

I'm all ears after listening to his promise to halve the deficit last time he was elected.

http://www.politifact.com/truth-o-meter/statements/2012/oct/04/mitt-romney/romney-says-obama-promised-cut-deficit-half/

[Chicog]

Oh and if you're interested, Obama will be making a statement later on the "Fiscal cliff" in his first address since the election.

I'm all ears after listening to his promise to halve the deficit last time he was elected.

http://www.politifac...t-deficit-half/

Perhaps he wasn't anticipating that his Republican foes would rather screw the economy to try and get him voted out, than actually work with him to help do that. Just sayin'.

[spidermike007]

I am not sure if the American people know what they are in for. This guy has the potential to cripple the world economy, with his failed policies. Quantitative easing is simply a cowards way to deal with tomorrows problem today. It does nothing to address the root causes of the problems, nor does it address the deficit, and this guy has become addicted to deficit spending, like a crack whore is addicted to crack. If the same rate of deficit spending continues, we will be looking at 24 to 25 trillion, by the end of the next four years. How one earth is the US going to address that? What if the countries that are supporting our deficit spending lose faith? What then?

I think I smell a sore loser.

Not about winning or losing. Personally, I hate both of the candidates. But, I felt that Romney might have a better grasp of the economic side of things. We all know Blundering Barry did not, and does not, and cannot get a grasp of how to run the economy correctly. Hopefully, he will grow a larger set of balls this time around, and do some courageous acts, and behave like a man for a change. We can all hope for some display of conviction. Something. Some signs of life.

[chuckd]

Just in case you haven't run across this on the internet, oil drilling on federal land is down under the Obama administration. The increase in oil production is largely on privately owned land and drilling permission from the federal side is not required.

As discussed earlier, America does not control the oil price, and simply pumping more is not going to have any noticeable fiscal impact. America would be better leaving it in the ground, developing alternative technologies and using its bountiful gas supplies, and then reaping the benefits when Oil hits 300, 400, 500 dollars a barrel as supply dwindles.

But of course that needs slightly longer thinking than 4 years.

Where did I mention the price of oil? That will take care of itself.

Having said that, what do you see wrong with the picture in the following link? More US jobs, more support industry jobs, increased taxation, increased spending, etc. All the government has to do is get out of the way and let the private section take the ball and run with it.

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Shale Gas And Oil Revolution In The US To Create 1.3M New Jobs By 2020:

BY Moran Zhang | October 23 2012 11:29 AM

A surge in unconventional oil and gas extraction nationwide will trigger more than $5.1 trillion in capital spending and support a total of 1.7 million jobs this year -- a number that will swell to almost 3 million by 2020 -- a leading consultant said in a study released Tuesday.

Unconventional energy activity will contribute $237 billion in value-added contributions to gross domestic product in 2012, a figure that will increase to $475 billion annually in 2035, according to a new IHS Global Insight study.

Jobs tied to the unconventional oil and gas sector will rise to nearly 3.5 million in 2035. Moreover, these jobs tend to be high quality and high paying, given the technologically innovative nature of unconventional oil and gas activity. Workers associated with unconventional oil and gas are currently paid an average of $35.15 per hour -- higher than the wages in the general economy ($23.07 per hour) and more than wages paid in manufacturing, wholesale trade and education, among others.

http://www.ibtimes.c...2020-ihs-852303

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[chuckd]

Social Security is an entitlement for which I and every other working American have already paid. I contributed for 50 years for my government "stipend".

I never drew unemployment, food stamps or welfare of any sort. You may be the expert on that, I do not know.

-----------------------------------------------------------------------------------

Samran, give me a little time to do some things around the house. Let me address one thing before I complete my chores.

Your suggestion that we cut out all agricultural subsidies will save about $20 Billion per year. You have just covered the cost of 2 days and five hours of government operations. Congratulations.

How about cutting the EPA, DHS, Energy Dept., Education Dept., foreign aid, Labor Dept, Czar Dept., ad nauseum? This is only the start of my suggestions.

Are you an Anachist? Did you get Expelled by the Education Department? Obviously let those honest Loggers and miners into Yellowstone and <deleted> places like the Congo.

I'm a little confused by your post.

Are you wondering if I am an anarchist or the Anti-Christ?

The Education Department has noting to do with expelling students, but even considering your little faux pas about that...No, I have never been expelled from any school. How about you?

Yellowstone is a national park. I don't think anybody is threatening to log or mine in Yellowstone. Care to pass on any rumors about that?

The Congo is doing very well "<deleted>" itself without any help from me.

[Chicog]

Just in case you haven't run across this on the internet, oil drilling on federal land is down under the Obama administration. The increase in oil production is largely on privately owned land and drilling permission from the federal side is not required.

As discussed earlier, America does not control the oil price, and simply pumping more is not going to have any noticeable fiscal impact. America would be better leaving it in the ground, developing alternative technologies and using its bountiful gas supplies, and then reaping the benefits when Oil hits 300, 400, 500 dollars a barrel as supply dwindles.

But of course that needs slightly longer thinking than 4 years.

Where did I mention the price of oil? That will take care of itself.

Having said that, what do you see wrong with the picture in the following link? More US jobs, more support industry jobs, increased taxation, increased spending, etc. All the government has to do is get out of the way and let the private section take the ball and run with it.

-----------------------------------------------------------------------------------

Shale Gas And Oil Revolution In The US To Create 1.3M New Jobs By 2020:

BY Moran Zhang | October 23 2012 11:29 AM

A surge in unconventional oil and gas extraction nationwide will trigger more than $5.1 trillion in capital spending and support a total of 1.7 million jobs this year -- a number that will swell to almost 3 million by 2020 -- a leading consultant said in a study released Tuesday.

Unconventional energy activity will contribute $237 billion in value-added contributions to gross domestic product in 2012, a figure that will increase to $475 billion annually in 2035, according to a new IHS Global Insight study.

Jobs tied to the unconventional oil and gas sector will rise to nearly 3.5 million in 2035. Moreover, these jobs tend to be high quality and high paying, given the technologically innovative nature of unconventional oil and gas activity. Workers associated with unconventional oil and gas are currently paid an average of $35.15 per hour -- higher than the wages in the general economy ($23.07 per hour) and more than wages paid in manufacturing, wholesale trade and education, among others.

http://www.ibtimes.c...2020-ihs-852303

------------------------------------------------------------------------------------

Doesn't this article demonstrate that Romney's carping at Obama for not signing permits to drill on Federal land was essentially pointless?

[bendejo]

Something I've been waiting for is a Fox Noose droid to meltdown. My odds-on favorite (2-1) is Shep Smith: some day he will do a Howard Beale-type freakout and a) come out, b ) denounce the hypocracy, c) expose the alignment with the GOP in Starr Report detail, then d) quit. They'll probably cut the broadcast as he begins part b. If he writes a book there will be all sorts of legal nonsense to block publication, they've done this before, and I worry poor Shep will not live much longer.

I didn't have any other potential possibles (I don't watch it that much so I don't know a lot of the personalities).

But on election night Megan Kelly, whose practiced sneer is now becoming part of the face she deserves, began to crack. She asked Karl Rove, the GOP's own Count Duqu, if he was just making those numbers up because he was a Republican.

<deleted>?!?!?

Before this she was 100-1 like the rest of the 'stars' but now I'm wondering. She's not a stupid woman, though she plays one on TV, now I'm thinking one day she just might lose it while on the air. I suspect those words to Rove earned her a talking-to from Jaba himself.

Welcome to the favorites, Megan. I'm bringing you in at 5-1, don't disappoint me.

Edited November 9, 2012 by bendejo

[KKvampire]

Just proves the TVs Naysayers have no "plan" to sort out the problems in the US, The Herbert Hoover, Mitt Romney 1 point plan failed "cut taxes on the wealthiest plan" You lost the argument politically and economically

[chuckd]

Chuck:

Interesting article about consumption taxes from that radical lefitst publication: Bloomberg

http://www.bloomberg...ficit-view.html

Finally back with you. Let me make a couple of comments before we get into a discussion.

Firstly I am not a trained economist as you claim to be so my positions are likely not to agree with what you might know or believe to be true. They will be mostly based on opinions I have gleaned from years of working in the private sector.

Secondly, I am an American and I really don't like to comment on matters that really don't concern me and that I know very little about. I do not understand the VAT concept to any great extent. I have traveled extensively through Europe and have paid VAT there as well as in Thailand.

The VAT in LOS is some 7% based on particular parameters. Since Thailand has no individual states, the VAT constitutes the same function as being a sales tax.

Do European states have sales taxes to which a European VAT is further added? If so, can you provide me with a few examples of the total Sales/VAT taxes that must be paid by purchasers based on their consumption?

Now on to a discussion based on your link from Bloomberg.

My objection to a VAT is it would be added to any state sales axes that are existent. Adding a hypothetical 10% VAT to a 7% sales tax adds $.10 to every dollar one spends in their daily needs and is hardly an insignificant amount to retirees like me (a.k.a Angry old white men), students, blacks, latinos, Asian Americans and virtually everybody other than the imaginary 1% and would possibly grind the economy to a halt. Since stopping commerce is hardly a function of the US government, I fail to see where a VAT will do anything to help the deficit but will do much to harm the imaginary 99%.

What I have trouble wrapping my head around is why all you (generic) liberals claim the problem is not having enough revenue for the government to spend, when the problem is clearly the government has too much spending for the amount of revenue they are taking in. Why not have the government cut down on their spending to better meet their income rather than the reverse? My suggestion would be to cut the budgets of every government agency and department by 5% annually for the next ten years. That equates to a 50% reduction in government spending in ten years and has overcome some of the debt. The tax payers do not have to face yet another tax increase and the 47% can continue with life as usual.

There is an old adage that (paraphrased) says...government will always grow to exceed the amount of it's income. Where this is written and why is it so, I do not know.

Probably not technical enough for you to pick apart but them's my opinions.

If you are busy, don't hurry to respond. Chicog will be scrunched over his keyboard with his flying fingers poised in mid-air just waiting to attack my post.

Edited November 9, 2012 by chuckd

[keemapoot]

But on election night Megan Kelly, whose practiced sneer is now becoming part of the face she deserves, began to crack. She asked Karl Rove, the GOP's own Count Duqu, if he was just making those numbers up because he was a Republican.

<deleted>?!?!?

Before this she was 100-1 like the rest of the 'stars' but now I'm wondering. She's not a stupid woman, though she plays one on TV, now I'm thinking one day she just might lose it while on the air. I suspect those words to Rove earned her a talking-to from Jaba himself.

Welcome to the favorites, Megan. I'm bringing you in at 5-1, don't disappoint me.

Haha. I'm not sure if you were watching Fox when Megan first came to Fox. She was a bright young beautiful lawyer turned journalist, who I enjoyed watching. She went through a divorce, became a "career fox woman," obviously mentored by that wicked witch of the midwest, Gretchen Karlson (name does sound like a witch). As Megan then got more promotions, the nastier she got. Today, she has morphed into Linda Blair's character in the Exorcist. I haven't yet witnessed her head spin around, but I have seen her spew green bile.

She definitely needs a good exorcism, or a good something. Here is a recent pic:

Edited November 9, 2012 by keemapoot

[bendejo]

Perhaps he wasn't anticipating that his Republican foes would rather screw the economy to try and get him voted out, than actually work with him to help do that. Just sayin'.

Rachel M brought up something related to this a few years ago. Obama will manage to get a few things done despite it all, and when this administration is history and some of its accomplishments are lauded, it will be the GOP Congress taking credit for it (think of Stephen Colbert jumping in front of his guest to steal their applause).

On the other hand, now that Mitch McConnell's mandate (the prime objective of the GOP is to ensure O is a one-term president) is moot, maybe we can expect some improvement. Optimist, me

Best case scenario: 2014 midterms give Dems both houses of Congress, and both Pelosi and Reid are replaced with "unsponsored" people. The sh_it will fly! I'm not holding my breath.

Edited November 9, 2012 by bendejo

[poanoi]

Here's something for Americans to pay a minutes attention

[chuckd]

Where did I mention the price of oil? That will take care of itself.

Having said that, what do you see wrong with the picture in the following link? More US jobs, more support industry jobs, increased taxation, increased spending, etc. All the government has to do is get out of the way and let the private section take the ball and run with it.

-----------------------------------------------------------------------------------

Shale Gas And Oil Revolution In The US To Create 1.3M New Jobs By 2020:

BY Moran Zhang | October 23 2012 11:29 AM

A surge in unconventional oil and gas extraction nationwide will trigger more than $5.1 trillion in capital spending and support a total of 1.7 million jobs this year -- a number that will swell to almost 3 million by 2020 -- a leading consultant said in a study released Tuesday.

Unconventional energy activity will contribute $237 billion in value-added contributions to gross domestic product in 2012, a figure that will increase to $475 billion annually in 2035, according to a new IHS Global Insight study.

Jobs tied to the unconventional oil and gas sector will rise to nearly 3.5 million in 2035. Moreover, these jobs tend to be high quality and high paying, given the technologically innovative nature of unconventional oil and gas activity. Workers associated with unconventional oil and gas are currently paid an average of $35.15 per hour -- higher than the wages in the general economy ($23.07 per hour) and more than wages paid in manufacturing, wholesale trade and education, among others.

http://www.ibtimes.c...2020-ihs-852303

------------------------------------------------------------------------------------

Doesn't this article demonstrate that Romney's carping at Obama for not signing permits to drill on Federal land was essentially pointless?

Nope. How about the Keystone Pipeline?

[bendejo]

Haha. I'm not sure if you were watching Fox when Megan first came to Fox. She was a bright young beautiful lawyer turned journalist, who I enjoyed watching. She went through a divorce, became a "career fox woman," obviously mentored by that wicked witch of the midwest, Gretchen Karlson (name does sound like a witch). As Megan then got more promotions, the nastier she got.

...

Yes, I recall they used to pair her with Bill Hemmer, looked like Barbie and Ken. But I believe you mean Greta von Gymteacher, who (supposedly) some day Megan will replace. Gretchen is a ditz, has nothing to teach anyone.

I have the hots for the woman who does Gretchen's show on weekends, Allison Kamarata (sp?). She reminds me that one phase of American life I missed out on was suburban cuckholding.

And now I have an excuse to repeat one of my favorite FN jabs, as spoken by der Olbermann:

...Bill Hemmer, who gave up a career in journalism to work at Fox News.

Please no more Linda Blair-Exorcist comparisons, those are reserved for my spoiled neice. The only things she's lacking are the projectile vomitting and 360 degree head spin. Her voice from hell is pretty good. My brother is of course worried about when she's old enough to date, how guys treat her, etc. I tell him I already feel sorry for the guys.

your mother wears socks that smell

[TheWalkingMan]

I read an article on the Atlantic that the Romney/Ryan ticket did not believe the polls at all. The polls had him them losing, but I guess when you ignore too many things you are bound to get smacked.

[Jingthing]

The republicans thought the large turnout of blacks, Latinos, Asians, and young people was a FLUKE in 2008 based on the historical excitement of Obama being the first black president. They miscalculated, bless their hearts. They are now facing the music. The demographics of the USA has changed permanently. They can play their suppress the vote games or they can change.

Edited November 9, 2012 by Jingthing