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2012 Presidential Election

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  Quote killclimbz Quote  Post ReplyReply Direct Link To This Post Topic: 2012 Presidential Election
    Posted: Nov/07/2012 at 8:04am
Floriduh, where your vote doesn't matter...
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  Quote zakk Quote  Post ReplyReply Direct Link To This Post Posted: Nov/07/2012 at 8:11am
Originally posted by richardvoyageur

Can someone explain to me why both rich white people and the poorest white people seem to be republicans? 



if "god" makes you vote, you vote Republican because those are the good christian folk that came over on the mayflower and want to keep "those people" out 

if you make lots of money, you vote Republican becasue they are generally less bullish on taxes and keep estate and death taxes down.  


-zakk

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  Quote Angry Midget Yo Quote  Post ReplyReply Direct Link To This Post Posted: Nov/07/2012 at 11:04am
This election was black vs white so next election we might see dick vs tits?  LOL
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  Quote Superorb Quote  Post ReplyReply Direct Link To This Post Posted: Nov/07/2012 at 11:06am
Originally posted by Angry Midget Yo

This election was black vs white so next election we might see dick vs tits?  LOL


Wishful thinking hahaha.  I'd say it was more white vs. everyone else and pretty soon there's gonna be a lot more "everything else" than whites.
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  Quote kikko Quote  Post ReplyReply Direct Link To This Post Posted: Nov/07/2012 at 11:14am
Fear does not stop death, it stops life...
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  Quote steezemisterr Quote  Post ReplyReply Direct Link To This Post Posted: Nov/07/2012 at 11:20am
So glad this election is over. No more listening to the high school "political experts"
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  Quote jhoang6 Quote  Post ReplyReply Direct Link To This Post Posted: Nov/07/2012 at 12:27pm
Now oBama's got another 4 yrs see what he'll be able to do for our fragile economy.
Lassie Fair??


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  Quote Superorb Quote  Post ReplyReply Direct Link To This Post Posted: Nov/07/2012 at 12:50pm
Originally posted by jhoang6

Now oBama's got another 4 yrs see what he'll be able to do for our fragile economy.
Lassie Fair??




Don't count on it.
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  Quote timpiper Quote  Post ReplyReply Direct Link To This Post Posted: Nov/07/2012 at 9:11pm
Thank God for california, the pacific northwest, and the east coast for being blue state strongholds
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  Quote fj5 Quote  Post ReplyReply Direct Link To This Post Posted: Nov/08/2012 at 12:07am
Many believe it didn't really matter who won the election, what will happen to the economy is inevitable.  A scary thought for sure.  There are other powers which dictate where the money is going.  I do feel, however, that Obama can at least resist those powers better than Romney could have.
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  Quote Superorb Quote  Post ReplyReply Direct Link To This Post Posted: Nov/08/2012 at 4:22am
Originally posted by fj5

I do feel, however, that Obama can at least resist those powers better than Romney could have.


History would disagree with you. He added 4 TRILLION dollars to the national debt in only 4 years and wasted billions of taxpayer dollars. I couldn't spend that much money in an entire lifetime.
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  Quote richardvoyageur Quote  Post ReplyReply Direct Link To This Post Posted: Nov/08/2012 at 5:37am
Originally posted by Superorb

Originally posted by fj5

I do feel, however, that Obama can at least resist those powers better than Romney could have.


History would disagree with you. He added 4 TRILLION dollars to the national debt in only 4 years and wasted billions of taxpayer dollars. I couldn't spend that much money in an entire lifetime.

What would McCain have done?  You don't think that Bush setup the country for failure for ANY successor?  It's all fine and dandy to say what Obama didn't do, but don't pretend like anyone could have done differently.
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  Quote Superorb Quote  Post ReplyReply Direct Link To This Post Posted: Nov/08/2012 at 5:43am
Originally posted by richardvoyageur


What would McCain have done?  You don't think that Bush setup the country for failure for ANY successor?  It's all fine and dandy to say what Obama didn't do, but don't pretend like anyone could have done differently.


Yes yes, it's ALL Bush's fault. Four years later with the country circling the drain and it's still Bush's fault. How long will you cling to this excuse?

I'm certain someone could have done things differently.
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  Quote CoMtnRider Quote  Post ReplyReply Direct Link To This Post Posted: Nov/08/2012 at 5:49am
Originally posted by Superorb

Originally posted by richardvoyageur


What would McCain have done?  You don't think that Bush setup the country for failure for ANY successor?  It's all fine and dandy to say what Obama didn't do, but don't pretend like anyone could have done differently.


Yes yes, it's ALL Bush's fault. Four years later with the country circling the drain and it's still Bush's fault. How long will you cling to this excuse?

I'm certain someone could have done things differently.
The problem is most decisions are not made by someone, but by congress, who currently couldn't agree between a cheese or pepperoni pizza if their jobs depended on it.
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  Quote richardvoyageur Quote  Post ReplyReply Direct Link To This Post Posted: Nov/08/2012 at 6:30am
Originally posted by CoMtnRider

Originally posted by Superorb

Originally posted by richardvoyageur


What would McCain have done?  You don't think that Bush setup the country for failure for ANY successor?  It's all fine and dandy to say what Obama didn't do, but don't pretend like anyone could have done differently.


Yes yes, it's ALL Bush's fault. Four years later with the country circling the drain and it's still Bush's fault. How long will you cling to this excuse?

I'm certain someone could have done things differently.
The problem is most decisions are not made by someone, but by congress, who currently couldn't agree between a cheese or pepperoni pizza if their jobs depended on it.

This is what I meant by my last comment, that the system itself does not lend well to actually changing anything.  I'm not sure why the opposition thinks they can always do better with a system like that.  As a Canadian I'm invested as well because the US going into another recession is going to affect us as well (and my stocks).

This fiscal cliff thing will be pretty interesting to watch.
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  Quote CoMtnRider Quote  Post ReplyReply Direct Link To This Post Posted: Nov/08/2012 at 6:37am
Originally posted by richardvoyageur

 

This is what I meant by my last comment, that the system itself does not lend well to actually changing anything.  I'm not sure why the opposition thinks they can always do better with a system like that.  As a Canadian I'm invested as well because the US going into another recession is going to affect us as well (and my stocks).

This fiscal cliff thing will be pretty interesting to watch.
 
The saddest part is congress doesn't realize without compromise, NOBODY wins!  Rich/poor, Black/White, Democrat/Republican, it won't matter because when the entire country goes down the drain, we're all going with it!
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  Quote JDiggidy Quote  Post ReplyReply Direct Link To This Post Posted: Nov/08/2012 at 6:51am
Something that pushed me farther left this year, was the fact that so many of the far right's only ambitions was to try to defeat Obama's plans.  Remember the "our only goal is to make him a one term president" comment?  They don't even have a chance to work when they don't get passed to begin with. 
There were so many commercials about "Obama's failed polocies," but most of them failed before they left DC.  I know a friend of mine voted Obama (and democratic Senator too) because of this.  He'd never voted for a Democrat for Senate or Pres before.  That's saying something.
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  Quote | | | bryman | | | Quote  Post ReplyReply Direct Link To This Post Posted: Nov/08/2012 at 7:14am
^^^ FWIW, I was/am also offended that the GOP was basically rooting for the economy to tank, intentionally submarining the country so they could run commercials saying "are you better off ...."  how is that OK?
 
-b
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  Quote Superorb Quote  Post ReplyReply Direct Link To This Post Posted: Nov/08/2012 at 7:17am
Originally posted by | | | bryman | | |

^^^ FWIW, I was/am also offended that the GOP was basically rooting for the economy to tank, intentionally submarining the country so they could run commercials saying "are you better off ...."  how is that OK?
 
-b


It's not. Scummy politicians are killing this country, and we will suffer for it. Politicians are all rich bastards who won't be affected if the country takes a crap.
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  Quote | | | bryman | | | Quote  Post ReplyReply Direct Link To This Post Posted: Nov/08/2012 at 7:24am
^^^ I know we're a nation of individuals and everyone has to do what they have to do to succeed, but I also get offended if people play the don't pass line when I'm rolling in craps . . . just sayin.
 
Contagion Gwyneth Paltrow blowing on dice
 
-b
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  Quote BunnySloper Quote  Post ReplyReply Direct Link To This Post Posted: Nov/08/2012 at 7:25am
When Clinton was in office, republicans had the house.
When Bush was in office, democrats had the house on his second term.
 
It's always easy to blame it on the other side for not getting things done.
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  Quote Superorb Quote  Post ReplyReply Direct Link To This Post Posted: Nov/08/2012 at 7:32am
Originally posted by | | | bryman | | |

^^^ I know we're a nation of individuals and everyone has to do what they have to do to succeed, but I also get offended if people play the don't pass line when I'm rolling in craps . . . just sayin.
-b


What?
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  Quote | | | bryman | | | Quote  Post ReplyReply Direct Link To This Post Posted: Nov/08/2012 at 7:47am
^^^ it's basically people betting on you to lose
 
-b
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  Quote JDiggidy Quote  Post ReplyReply Direct Link To This Post Posted: Nov/08/2012 at 7:48am
Originally posted by | | | bryman | | |

^^^ I know we're a nation of individuals and everyone has to do what they have to do to succeed, but I also get offended if people play the don't pass line when I'm rolling in craps . . . just sayin.
 
Contagion Gwyneth Paltrow blowing on dice
 
-b
 
You sir are a true master!  But honestly, I couldn't agree more.  The divide between the "haves" and the "have nots" grows every day.
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  Quote Superorb Quote  Post ReplyReply Direct Link To This Post Posted: Nov/08/2012 at 7:57am
Originally posted by | | | bryman | | |

^^^ it's basically people betting on you to lose
 
-b


Gotcha. I never was a fan of Craps. I'm more of a Hold Em guy.
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  Quote sixpoint Quote  Post ReplyReply Direct Link To This Post Posted: Nov/08/2012 at 8:36am

looks like wall street doesn't like o'bama.  Some people are driven to succeed & determined to support themselves & their families.  Others are content to collect a check & let the govt let them lay on the couch. Those schlumps are having litters who are content to do the same thing.  Bigger problems are on the way

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  Quote Angry Midget Yo Quote  Post ReplyReply Direct Link To This Post Posted: Nov/08/2012 at 9:01am
I'm just amazed at how much money rich republicans threw into the election whether it was for the campaign or just betting on who would win.  Even though losing over 100 million wouldn't even dent their bank accounts but still ouch.  I think now people are just gonna hate just to hate and would sabotage progress just to prove they were right.  
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  Quote kikko Quote  Post ReplyReply Direct Link To This Post Posted: Nov/08/2012 at 9:01am
Originally posted by CoMtnRider

 The saddest part is congress doesn't realize without compromise, NOBODY wins!  Rich/poor, Black/White, Democrat/Republican, it won't matter because when the entire country goes down the drain, we're all going with it!

the only thing that can hurt rich people are themselves. this country is already going down the drain and the rich get richer...
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  Quote 360faceplant Quote  Post ReplyReply Direct Link To This Post Posted: Nov/08/2012 at 9:13am
Originally posted by Angry Midget Yo

I'm just amazed at how much money rich republicans threw into the election whether it was for the campaign or just betting on who would win.  Even though losing over 100 million wouldn't even dent their bank accounts but still ouch.  I think now people are just gonna hate just to hate and would sabotage progress just to prove they were right.  
 
So you read the 1 article about Karl Rove's Super PAC and just assumed that was across the board huh? According to the NYT, Democrats spent more.
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  Quote cds4288 Quote  Post ReplyReply Direct Link To This Post Posted: Nov/08/2012 at 9:41am
All of this is the reason robots are going to kill us all in the future. Bad people are doing bad things and no one helps each other out anymore.
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  Quote CoMtnRider Quote  Post ReplyReply Direct Link To This Post Posted: Nov/08/2012 at 9:56am
Originally posted by Superorb

Originally posted by | | | bryman | | |

^^^ it's basically people betting on you to lose
 
-b


Gotcha. I never was a fan of Craps. I'm more of a Hold Em guy.
Craps is great if you get a hot table.  It definitely sucks playing next to someone who is playing against the rest of the table, but in my experience karma always seems to come back to bite them in the @ss and they lose their stack.
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  Quote richardvoyageur Quote  Post ReplyReply Direct Link To This Post Posted: Nov/08/2012 at 10:51am
Originally posted by CoMtnRider

Originally posted by Superorb

Originally posted by | | | bryman | | |

^^^ it's basically people betting on you to lose
 
-b


Gotcha. I never was a fan of Craps. I'm more of a Hold Em guy.
Craps is great if you get a hot table.  It definitely sucks playing next to someone who is playing against the rest of the table, but in my experience karma always seems to come back to bite them in the @ss and they lose their stack.

The funny thing is that the numbers are better for you if you bet against, but not too many people want to go there LOL.  I believe the advantage was something really small like 0.08%
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  Quote BunnySloper Quote  Post ReplyReply Direct Link To This Post Posted: Nov/08/2012 at 10:54am
Originally posted by 360faceplant

Originally posted by Angry Midget Yo

I'm just amazed at how much money rich republicans threw into the election whether it was for the campaign or just betting on who would win.  Even though losing over 100 million wouldn't even dent their bank accounts but still ouch.  I think now people are just gonna hate just to hate and would sabotage progress just to prove they were right.  
 
So you read the 1 article about Karl Rove's Super PAC and just assumed that was across the board huh? According to the NYT, Democrats spent more.
 
What!!?? YOU LIAR!!!
 
Stop trying to sabotage "Progress"!
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  Quote A.Tup Quote  Post ReplyReply Direct Link To This Post Posted: Nov/08/2012 at 8:43pm
I dont get how you say only rich or poor people are republicans there are plenty of middle class citizens that are. Myself being one. Also yes i am an educated white male.
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  Quote twolf123 Quote  Post ReplyReply Direct Link To This Post Posted: Nov/08/2012 at 10:30pm
Originally posted by Angry Midget Yo

I'm just amazed at how much money rich republicans threw into the election whether it was for the campaign or just betting on who would win.  Even though losing over 100 million wouldn't even dent their bank accounts but still ouch.  I think now people are just gonna hate just to hate and would sabotage progress just to prove they were right.  

PLEASE correct me if i'm wrong but in this case, i think romney basically spent 800mil on a job interview...(then subsequently failed)

and you're right! fox news is already throwing blame around to everyone but themselves (lets not forget who they were gunning for BEFORE romney...)
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  Quote fj5 Quote  Post ReplyReply Direct Link To This Post Posted: Nov/08/2012 at 11:14pm
Originally posted by CoMtnRider

Originally posted by richardvoyageur

 

This is what I meant by my last comment, that the system itself does not lend well to actually changing anything.  I'm not sure why the opposition thinks they can always do better with a system like that.  As a Canadian I'm invested as well because the US going into another recession is going to affect us as well (and my stocks).

This fiscal cliff thing will be pretty interesting to watch.
 
The saddest part is congress doesn't realize without compromise, NOBODY wins!  Rich/poor, Black/White, Democrat/Republican, it won't matter because when the entire country goes down the drain, we're all going with it!

Exactly, it's inevitable, Obama or Romney... but what I was saying was how I view each candidate would have approached it.  With Obama, at least he withheld the same platform throughout the election.  Romney was all over the place, which leads me to believe he'd become another easily submissive puppet... yes, like Bush.
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  Quote mmang85 Quote  Post ReplyReply Direct Link To This Post Posted: Nov/09/2012 at 3:29am
Originally posted by sixpoint

looks like wall street doesn't like o'bama.  Some people are driven to succeed & determined to support themselves & their families.  Others are content to collect a check & let the govt let them lay on the couch. Those schlumps are having litters who are content to do the same thing.  Bigger problems are on the way

Well said.  You know what i don't like.  That my democrat/liberal friends think that i, fiscal conservative, do not want to help poor.  Every time we talk politics, its "you want the poor people to starve".  I'm always saying the same thing, I would help everyone if they tried to better themselves.  But you are right if i am going to bitch and complain if the Gov. is taking my money to give to poeple that refuse to try .
 
Oh and by the way, i'm Asian, educated, work. 
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  Quote mmang85 Quote  Post ReplyReply Direct Link To This Post Posted: Nov/09/2012 at 3:34am
Originally posted by | | | bryman | | |

^^^ FWIW, I was/am also offended that the GOP was basically rooting for the economy to tank, intentionally submarining the country so they could run commercials saying "are you better off ...."  how is that OK?
 
-b
Rooting for the ecnomoy to tank? Really? How so?? i would really like to know why you think this.
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  Quote richardvoyageur Quote  Post ReplyReply Direct Link To This Post Posted: Nov/09/2012 at 3:49am
Originally posted by mmang85

Originally posted by | | | bryman | | |

^^^ FWIW, I was/am also offended that the GOP was basically rooting for the economy to tank, intentionally submarining the country so they could run commercials saying "are you better off ...."  how is that OK?
 
-b
Rooting for the ecnomoy to tank? Really? How so?? i would really like to know why you think this.

Opposition parties never like working with the party in power.  When the party in power gets anything constructive done, the opposition looks weak.  So I think what he's saying is that the republicans were trying to basically block anything from getting done, and were successful in that.  

In 2010, minority leader of the senate Mitch McConnell said the following, "the single most important thing we want to achieve is for President Obama to be a one-term president."  Asked whether this meant "endless, or at least frequent, confrontation with the president," McConnell clarified that "if [Obama is] willing to meet us halfway on some of the biggest issues, it’s not inappropriate for us to do business with him."

Does that sound like a party that wants to work to the betterment of the country?  I think that quote really had people disillusioned. 
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  Quote mmang85 Quote  Post ReplyReply Direct Link To This Post Posted: Nov/09/2012 at 4:03am
Originally posted by richardvoyageur

Originally posted by mmang85

Originally posted by | | | bryman | | |

^^^ FWIW, I was/am also offended that the GOP was basically rooting for the economy to tank, intentionally submarining the country so they could run commercials saying "are you better off ...."  how is that OK?
 
-b
Rooting for the ecnomoy to tank? Really? How so?? i would really like to know why you think this.

Opposition parties never like working with the party in power.  When the party in power gets anything constructive done, the opposition looks weak.  So I think what he's saying is that the republicans were trying to basically block anything from getting done, and were successful in that.  

In 2010, minority leader of the senate Mitch McConnell said the following, "the single most important thing we want to achieve is for President Obama to be a one-term president."  Asked whether this meant "endless, or at least frequent, confrontation with the president," McConnell clarified that "if [Obama is] willing to meet us halfway on some of the biggest issues, it’s not inappropriate for us to do business with him."

Does that sound like a party that wants to work to the betterment of the country?  I think that quote really had people disillusioned. 
 
If you read the quote again, it says that if they are wiling to meet halfway, then it is appropriate to do business.  The double negative will throw people off. "Not inappropriate." But i agree with some of what you said.  It is hard to get two sides to come together and make a decision, especially when both sides thing they are right.  But when two side can't get it done, you have to look at leadership. 
But above poster said GOP was rooting for the ecnomy to tank.  I just wanted to know why he thought this way and to give some examples.
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  Quote namsapalooza Quote  Post ReplyReply Direct Link To This Post Posted: Nov/09/2012 at 8:02am
Originally posted by mmang85

Originally posted by richardvoyageur

Originally posted by mmang85

Originally posted by | | | bryman | | |

^^^ FWIW, I was/am also offended that the GOP was basically rooting for the economy to tank, intentionally submarining the country so they could run commercials saying "are you better off ...."  how is that OK?
 

-b

Rooting for the ecnomoy to tank? Really? How so?? i would really like to know why you think this.


Opposition parties never like working with the party in power.  When the party in power gets anything constructive done, the opposition looks weak.  So I think what he's saying is that the republicans were trying to basically block anything from getting done, and were successful in that.  


In 2010, minority leader of the senate Mitch McConnell said the following, "<SPAN style="LINE-HEIGHT: 19px; FONT-SIZE: 13px">the single most important thing we want to achieve is for President Obama to be a one-term president."  </SPAN><SPAN style="LINE-HEIGHT: 19px; FONT-SIZE: 13px">Asked whether this meant "endless, or at least frequent, confrontation with the president," McConnell clarified that "if [Obama is] willing to meet us halfway on some of the biggest issues, it’s not inappropriate for us to do business with him."</SPAN>

<SPAN style="LINE-HEIGHT: 19px; FONT-SIZE: 13px"></SPAN>

<SPAN style="LINE-HEIGHT: 19px; FONT-SIZE: 13px">Does that sound like a party that wants to work to the betterment of the country?  I think that quote really had people disillusioned. </SPAN>


 

If you read the quote again, it says that if they are wiling to meet halfway, then it is appropriate to do business.  The double negative will throw people off. "Not inappropriate." But i agree with some of what you said.  It is hard to get two sides to come together and make a decision, especially when both sides thing they are right.  But when two side can't get it done, you have to look at leadership. 

But above poster said GOP was rooting for the ecnomy to tank.  I just wanted to know why he thought this way and to give some examples.


Here's an example that would justify such an assessment: House Republicans blocking the debt ceiling negotiations, such that Bloomberg argues that "all told, the data tell us that a debt-ceiling standoff is an act of economic sabotage." The stalemate in congress resulted in plummeting consumer confidence, decreased job growth, and most importantly, US credit being downgraded.

Here's the full article: http://www.bloomberg.com/news/2012-05-28/debt-ceiling-deja-vu-could-sink-economy.html
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  Quote Superorb Quote  Post ReplyReply Direct Link To This Post Posted: Nov/09/2012 at 8:04am
Probably b/c Republicans didn't want to raise the debt ceiling. The higher our debt goes the closer we get to total economic collapse.
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  Quote giftedhands Quote  Post ReplyReply Direct Link To This Post Posted: Nov/09/2012 at 8:16am
Total economic collapse.. not so much. And in fairness, the GOP did vote to raise the debt ceiling seven times under Bush. 
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  Quote Superorb Quote  Post ReplyReply Direct Link To This Post Posted: Nov/09/2012 at 8:20am
Originally posted by giftedhands

Total economic collapse..


Well, what happens when you max out all your credit cards and default on paying them?
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  Quote giftedhands Quote  Post ReplyReply Direct Link To This Post Posted: Nov/09/2012 at 8:26am
Haha I see you chose not quote the last part of what I said. 

It's not the same as credit cards. US economy is not going to default based on that alone. But the point I was making was in reference to above, that the GOP has time and time again put politics above practice. Not raising the debt ceiling based on principle, for the GOP, is clearly dependent on who wants to raise it. There was no problem raising the debt ceiling seven separate times under the previous president. But if Obama wants to, all of a sudden the sky is falling and we're nearing total economic collapse? C'mon. 
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  Quote Superorb Quote  Post ReplyReply Direct Link To This Post Posted: Nov/09/2012 at 8:29am
Originally posted by giftedhands

Haha I see you chose not quote the last part of what I said. 

It's not the same as credit cards. US economy is not going to default based on that alone. But the point I was making was in reference to above, that the GOP has time and time again put politics above practice. Not raising the debt ceiling based on principle, for the GOP, is clearly dependent on who wants to raise it. There was no problem raising the debt ceiling seven separate times under the previous president. But if Obama wants to, all of a sudden the sky is falling and we're nearing total economic collapse? C'mon. 


I think raising the debt ceiling is stupid no matter who raises it or why. And it's stupid for the Repubs or Dems to do something based solely on principle.
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  Quote giftedhands Quote  Post ReplyReply Direct Link To This Post Posted: Nov/09/2012 at 8:46am
Completely agree that 'principle' is a terrible reason to do, or not do something, in regards to politics. I can agree with you mostly that raising the debt ceiling is a bad idea, and I say mostly, because i'm also pretty certain that are reasons I couldn't comprehend for why a president would want/need to raise it. I imagine not raising the debt ceiling would ultimately result in higher taxes on the people, which would demand instant justification for what that money's going towards, and then the whole process repeats itself. 


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  Quote namsapalooza Quote  Post ReplyReply Direct Link To This Post Posted: Nov/09/2012 at 9:15am
Originally posted by giftedhands

Completely agree that 'principle' is a terrible reason to do, or not do something, in regards to politics. I can agree with you mostly that raising the debt ceiling is a bad idea, and I say mostly, because i'm also pretty certain that are reasons I couldn't comprehend for why a president would want/need to raise it. I imagine not raising the debt ceiling would ultimately result in higher taxes on the people, which would demand instant justification for what that money's going towards, and then the whole process repeats itself. 


I don't think raising the debt ceiling is necessarily a bad thing. It's been happening since forever. Governments don't pay off debt the way a family does. It's much more complicated than that and they can print money. The key is, debt is manageable when there is economic growth. Since the economy isn't doing too hot this is a bit of a pickle. And I suppose the major issue here is really how to get the economy working well again: I think it's by spending government money in areas where the private sector can be strengthened a lot, i.e., infrastructure, education, not by cutting spending across the board.
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  Quote Superorb Quote  Post ReplyReply Direct Link To This Post Posted: Nov/09/2012 at 10:05am
Originally posted by namsapalooza


I don't think raising the debt ceiling is necessarily a bad thing. It's been happening since forever. Governments don't pay off debt the way a family does. It's much more complicated than that and they can print money. The key is, debt is manageable when there is economic growth. Since the economy isn't doing too hot this is a bit of a pickle. And I suppose the major issue here is really how to get the economy working well again: I think it's by spending government money in areas where the private sector can be strengthened a lot, i.e., infrastructure, education, not by cutting spending across the board.


Printing money is bad for debt because it makes our money worth less and less the more that they print. Raising the debt is bad any way you look at it. This kind of spending can only be sustainable for so long. What happens when China decides that America is too large a risk and refuses to lend us money? What the gridlocked idiots need to do is pull their heads out of their asses and cut spending. It is the only way to buy down the debt. OR raise taxes, but we all know that won't go over well.
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  Quote diviesti Quote  Post ReplyReply Direct Link To This Post Posted: Nov/09/2012 at 10:32am
Since we borrow most of our money from China, wouldn't we be screwed if we in fact labeled them a currency manipulator? Bite the hand that feeds.

Hate the fact most elections just make both parties so pissed off at each other from campaigning they do everything in there power to get back at each other for the entire next term. 
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