Re: Us Dollar Worth Less Then Swiss Franc
Quote:
Originally Posted by
Lyle
We're just going to have to agree to disagree because I'll debate you all friggin day about supply side economics. Ireland cut taxes and bam instant economic upturn, they might not have done enough to continue that trend but they were at one point on the right track.
China and everyone else with any portion of America's debt can't call us on it because as I said before the WORLD ECONOMY hangs in the balance
You can't debate me all day about economics. Once you hit the edge of your ignorance on the subject, which doesn't take long, you run away.
An emerging economy like Ireland cutting taxes has no bearing whatsoever on how tax cuts affect a $13 trillion mature/advanced economy like America's. Ireland got new investment that would otherwise have gone to other EU countries but the overall economic growth in the EU was unchanged, so no magical growth achieved.
Nobody is going to call the US on existing debt, they're just not going to buy any more of it, leaving the US facing double digit interest rates/inflation, huge increases in import prices, economic stagnation, stratospheric tax increases, etc.etc.
Re: Us Dollar Worth Less Then Swiss Franc
Our debt runs their economies...and America won't be down for long there is no doubt it's an election year and of course everyone gets all crazy it'll settle down once someone gets in office and the relaxation begins and people start saying "Hey we're going to be ok" and the market responds.....or we could have another Jimmy Carter....but the economy won't stay bad forever infact NOW is the time to start pouring everything you have into the market....well maybe in a couple months but still it's BUYING time
Re: Us Dollar Worth Less Then Swiss Franc
Quote:
Originally Posted by
Lyle
Our debt runs their economies...and America won't be down for long there is no doubt it's an election year and of course everyone gets all crazy it'll settle down once someone gets in office and the relaxation begins and people start saying "Hey we're going to be ok" and the market responds.....or we could have another Jimmy Carter....but the economy won't stay bad forever infact NOW is the time to start pouring everything you have into the market....well maybe in a couple months but still it's BUYING time
Our debt doesn't run their economies. The problems in the economy have nothing to do with election years. I'm not so sure about your financial advice.
Re: Us Dollar Worth Less Then Swiss Franc
Fine....let me sink my government check into the stock market and you can just sit and worry.
Let me know how that worrying goes for you
Re: Us Dollar Worth Less Then Swiss Franc
Quote:
Originally Posted by
Lyle
Fine....let me sink my government check into the stock market and you can just sit and worry.
Let me know how that worrying goes for you
I'm not the one that needs to worry.
Re: Us Dollar Worth Less Then Swiss Franc
Well how did things work out after Hoover??? America was still America.
How did things work out after Eisenhower, JFK, LBJ, and Nixon in Vietnam and all the crap they put the country through??? America was still America.
How did things work out after Carter fucked everything up??? America was still America.
How did things work out after Black Monday??? America survived
My point is America is going to be just fine no matter who gets elected and no matter what they do. Sure higher taxes at this point will definently increase unemployment but that certainly doesn't affect my position with my company at this juncture. Sure pulling out of Iraq now would cause further instability in the future and place us more at odds with Iran because obviously if Iraq is unstable then it's neighbor will no doubt want to fix any issues the country has and in doing so create a state run by Iran which would no doubt oppose America even more than most in the area, but war between the US and Iran would always remain a last resort.
America will be fine, I would just rather unemployment stay low and us not be pushed into a bigger war by further fucking up the one we're already in. Is that ok? Am I wrong in thinking that way? ....of course you will think so, if only to continue this arguement
Re: Us Dollar Worth Less Then Swiss Franc
Quote:
Originally Posted by
Lyle
Well how did things work out after Hoover??? America was still America.
How did things work out after Eisenhower, JFK, LBJ, and Nixon in Vietnam and all the crap they put the country through??? America was still America.
How did things work out after Carter fucked everything up??? America was still America.
How did things work out after Black Monday??? America survived
My point is America is going to be just fine no matter who gets elected and no matter what they do. Sure higher taxes at this point will definently increase unemployment but that certainly doesn't affect my position with my company at this juncture. Sure pulling out of Iraq now would cause further instability in the future and place us more at odds with Iran because obviously if Iraq is unstable then it's neighbor will no doubt want to fix any issues the country has and in doing so create a state run by Iran which would no doubt oppose America even more than most in the area, but war between the US and Iran would always remain a last resort.
America will be fine, I would just rather unemployment stay low and us not be pushed into a bigger war by further fucking up the one we're already in. Is that ok? Am I wrong in thinking that way? ....of course you will think so, if only to continue this arguement
Lyle, you can't half go off at a tangent. Economics, Iraq, US foreign policy and geostrategy then back to economics. :) I've got bugger all to do till 6 am now so I'll play. :) :)
Higher taxes doesn't guarantee increased unemployment and can easily reduce employment. The tax rebate you just got from the government is actually them abandoning supply-side policies and going back to Keynesianism, the school of economic theory that agrees with my first sentence.
Iran already run Iraq. The US army is currently fighting and dying to keep two Iranian-backed groups in power, Dawa, which Maliki comes from and something called ISCI. The new democratic leader of Iraq Maliki comes from Dawa, a democratic group with decades of experience in car bombing, aeroplane hijacking and blowing up US embassies. The other group used to be called SCIRI, short for the Supreme Council for the Islamic Revolution in Iraq.
Let's look at that name again.
The Supreme Council
For the Islamic Revolution
In Iraq.
Set up by the Ayatollah Khomeni in Iran, these guys fought for Iran against Iraq in the Iran-Iraq war. These guys were trained and some were members of the Iranian Revolutionary Guard. That's the guys Bush says are terrorists. There are estimates that there are 30 000 plus of these guys in the Iraqi security forces, still claiming pensions from the Iranian military.
Here are a couple of links just to check this :
BAGHDAD, Iraq (CNN) -- A man sentenced to death in Kuwait for the 1983 bombings of the U.S. and French embassies now sits in Iraq's parliament as a member of Prime Minister Nuri al-Maliki's ruling coalition, according to U.S. military intelligence.
Jamal Jafaar Mohammed's seat in parliament gives him immunity from prosecution. Washington says he supports Shiite insurgents and acts as an Iranian agent in Iraq.
U.S. military: Iraqi lawmaker is U.S. Embassy bomber - CNN.com
Asked more about the Badr Corps, Rumsfeld said there are reports of
numbers in the hundreds operating in Iraq and more on the other side
of the border. He described the corps as "the military wing of the
Supreme Council on Islamic Revolution in Iraq" and said it is
"trained, equipped and directed by Iran's Islamic Revolutionary
Guard." As yet, he said, the corps has not done anything that would be
perceived by the coalition as hostile. But "the entrance into Iraq by
military forces, intelligence personnel or proxies not under the
direct operational control of [U.S. Central Command Commander] General
[Tommy] Franks will be taken as a potential threat to coalition
forces," he said.
Rumsfeld said the coalition would hold the Iranian government
responsible for the corps' actions, and armed Badr corps members found
in Iraq "will have to be treated as combatants."
Rumsfeld Warns Syria, Iranian Badr Corps Not to Interfere in Iraq
These are the guys on our side, in our quest for democracy in Iraq and an ally who will help us defeat Iran.
The guy we don't like, Moqtada Al-Sadr, the most popular man among the Shiites of Iraq, the people we
supposedly invaded to liberate, is our big problem in Iraq because he wants us out. I really like that guy. He's on my screensaver. :)
It's this photograph.
http://www.needlenose.com/i/swopa/SadrAbdullah.jpg
He's got star quality. :)
Re: Us Dollar Worth Less Then Swiss Franc
Bonus points for naming the guy in the black and gold. A huge 5 rep increase for the first person to name him.
Re: Us Dollar Worth Less Then Swiss Franc
King Abdulla bin Abdul Aziz Al Saud of Saudi Arabia...our supposed friend.
And dude seriously who in the middle east hasn't car bombed someone....honestly we're dealing with a totally different culture which is just a tad more onry than our own and the wrong people had the right ideas about that region. Rumsfeld didn't think big enough or long enough about this war....but we broke it we own it
And since no pansies over here want us to have our OWN oil which we COULD produce providing people allow drilling and refining then we wouldn't have to deal with such people. But things being as they are we have to play the hand we're delt and honestly it's no thanks to fucking England that we are where we are right now.....so don't blame us, blame you guys, you and fucking France always start some shit and wait for us to fix it
Re: Us Dollar Worth Less Then Swiss Franc
Quote:
Originally Posted by
Lyle
King Abdulla bin Abdul Aziz Al Saud of Saudi Arabia...our supposed friend.
And dude seriously who in the middle east hasn't car bombed someone....honestly we're dealing with a totally different culture which is just a tad more onry than our own and the wrong people had the right ideas about that region. Rumsfeld didn't think big enough or long enough about this war....but we broke it we own it
And since no pansies over here want us to have our OWN oil which we COULD produce providing people allow drilling and refining then we wouldn't have to deal with such people. But things being as they are we have to play the hand we're delt and honestly it's no thanks to fucking England that we are where we are right now.....so don't blame us, blame you guys, you and fucking France always start some shit and wait for us to fix it
There are lots of Iraqi political groups that haven't car-bombed somebody. Almost all of them in fact. But the ones with the militias are the former Iranian terrorist groups so Bush now has to pal up with terrorists to get what he wants.
What are the right ideas about that region ?
The US hit peak oil production in 1970. There isn't a single conventional oil deposit in America that could be tapped fast enough to cover growth in US oil demand between now and when you got the deposit online, including ANWR etc. Meanwhile up to two thirds of the world's oil lies under five countries in the Middle East, the second-most oil deposits being under Iraq.
France wisely told you not to invade Iraq, it's not their fault you're there. George Bush's cabin boy Tony Blair has a lot to answer for, but epic dumbass George W Bush made it public at the time he'd go it alone if he had to.
Define "start", "fix".
Re: Us Dollar Worth Less Then Swiss Franc
Well #1 The UK and France colonized the majority of the Middle East #2 The UK created the state of Israel #3 The UK tried numerous times to get the US involved in Iran and eventually drew us into the whole Sha of Iran Civil War bullcrap.
....where's that rep buddy?
Way to go England...bunch of jackasses trying to look cool by making us do all the dirty work while you sit back and tsk tsk us and drink your tea...bastards
Re: Us Dollar Worth Less Then Swiss Franc
Quote:
Originally Posted by
Lyle
Well #1 The UK and France colonized the majority of the Middle East #2 The UK created the state of Israel #3 The UK tried numerous times to get the US involved in Iran and eventually drew us into the whole Sha of Iran Civil War bullcrap.
....where's that rep buddy?
Way to go England...bunch of jackasses trying to look cool by making us do all the dirty work while you sit back and tsk tsk us and drink your tea...bastards
1. The UK made a magnificent job of it, the French playing the part currently played by the UK. America fucked it up.
2. The UN created the state of Israel.
3. The US didn't need any help to get involved in Iran and overthrow the Shah.
You got he rep and you have the jackass part covered quite magnificantly yourselves. :)
Re: Us Dollar Worth Less Then Swiss Franc
like a true brit, deny any responsibility for what has gone on in the middle east....you're being taken over anyway slowly but surely you cease being England and now you're England-istan.
Have fun with all that, I hear Sharia law is some tough shit
Re: Us Dollar Worth Less Then Swiss Franc
Quote:
Originally Posted by
Lyle
like a true brit, deny any responsibility for what has gone on in the middle east....you're being taken over anyway slowly but surely you cease being England and now you're England-istan.
Have fun with all that, I hear Sharia law is some tough shit
Britain definitely set things up roughly the way they are today in the region but did a fantastic job of it. We had the whole region including Iran under control. The US has screwed it up.
Britain is 2% Muslim. It'll be some decades before those guys crack 10% of the population, and they assimilate eventually too, so nothing to worry about.
Re: Us Dollar Worth Less Then Swiss Franc
OK fine, that's cool for you to believe.
England cut a deal with Iran where England would get the oil out of the ground and then England would give Iran some of the profit and England was going to build schools and hospitals there and you never did. And then Iran nationalized the oil fields and you came grovelling to America trying to get Harry Truman to help yall out and he refused.
Then Ike Eisenhower got elected and you changed your story to "Iran is going to go Communist if America doesn't get invovled" and then THAT got America involved and that got the Sha in power.
Yes things were going how "swimmingly" (as you Brits would say) :beat: before America got involved and America tried it's hardest to not get involved but like FRANCE you just got too big for your britches and drew us into this debacle....you fucked up son....you fucked up BIG TIME
You do know about all that don't you??? ;D
http://www.youtube.com/watch?v=GSs1B0eMsnk