Of course you are. After all the twists and turns of the story, it comes out in the end that the sky is not really falling anyway....lol

Phew, I am so relieved you have no idea.. grin! Wait, what did I just cop to?

I guess if the sky is not really faling, nothing....lol

Winx, didn't we already cover this?

Winx is tired like me, we miss things alot.. grin

Me Too!

G'Night Ladies!

Night Fanta, sleep well.

Boo's right. I'm tired too.

I've never claimed to know better. That's between you and your friends.
I've always stated that I am not an economist. Im relying on the team of economic experts Obama has assembled to correct the Republican mess. That's why I voted for him, and I suspect that's why most Americans voted for him.
You and your little friends are the ones claiming economic expertise and exclaiming to know better.
You and your friends are the ones running around in circles claiming the sky is falling.
Just as you claim, (assume) that I have no education. (Technically-A clear violation of site rules)
I wouldnt be so anxious to place your assumptions on someone you know nothing about.
I would be careful what you place between ASS and U.

Now since you chose to park your ass in this conversation,
Where does your profound economic education originate?

4-H?

Oh, and I like my rolling emoticons!



"I've never claimed to know better". Yes, in my opinion you've proven that on multiple occasions on a myriad of threads (but that's besides the point); However, I don't see where anyone else claims to be an economist by education or training here either. I merely asked the same question of you that you did of someone else. I've never accused you of possessing intellectual honesty. In regards to this "republican mess", I still can't, not until you can acknowledge complicity with the democratic party. I don't recall asking who you voted for or your rationalizations for doing so but thank you for thinking I would actually care.

I would ask you to compare Obama's "plan" to your personal life (I really don't want to know, just something for you and others to think about). In financially troubling times, do you find yourself spending more money or less? (Obama/congress: more). Would you take out loans and run up credit card bills to pay the mortgage or rent HOPING you'd remain employed long enough to pay them off/back or just declare bankruptcy? (Obama/congress: further devaluing the currency/bankruptcy). HOPE a sugar momma/daddy will bail you out? (Obama/congress: Other countries like China). Lastly, Do you tell customers at the business you work for not to buy a product that you have a vested interest in? (Obama: "Don't go to Vegas").

I notice instead of answering the question of academic creditals the topic quickly changes and assumption of a defensive posture. "I would be careful what you place between ASS and U". For someone who is "relying (more like depending)on the Obama team"... I would say it would be your nose and lips (in a muffled voice saying "please Obama bail me out".

You're pretty close on your guess as per where my economic credentials originated. It's tie between 4H and a paper route. I learned then if I gave away newspapers, I wouldn't earn a penny and have to rely upon my parents for spending money. 4H taught personal responsibility, if I didn't take care of the things I had, I lost them. Unlike you, I'd be more than willing to elaborate upon my economic experience as an entrepreneur and the several adult continuing education classes in business and economics.

Emoticons... the intellectually poor mans crutch. In your case though, it's a wheelchair.

Ok, then I have some questions--

Did you object to Reagan's use of Keynesian principles (which tripled the national debt, BTW) to pull us out of the early 80's downturn, and if so, why are you so adamantly opposed to Obama's plan to do some of the same? Is it just a partisan thing or not?

Wasn't what's happening now a classic case of the Bigger Fool Theory? As an entrepreneur myself for a lot of years, my instincts about it always panned out. I avoided the bloodbath of '87 and have rented for a lot years, knowing that any equity I built up by buying a house with cheap money in a ghastly overpriced market was a soap bubble begging to be pricked.

I also know that as an entrepreneur that when the Big Boys step in, they often turn a good thing into Profitless Prosperity, often leaving the suckers...oh wait, excuse me... the SHAREHOLDERS holding the bag by trying to convince them that trees indeed can grow into heaven, even while they collect on their stock options, bailout bonuses and insider trading.

Finally, (and if this doesn't get you rolling on the floor laughing, nothing will:) maybe in some small, misguided way, what Obama is doing is like venture capitalism-- betting political capital on the idea that not allowing the whole economic structure to burn down is a good investment that will pay dividends after some really harrowing times.


-Kerry O.

i don't care who's got what degree, i know that it's physically impossible to get out of debt by throwing more debt at it. is there anyone here that wants to debate on that one?

another thing i love is that only you guys that have jobs at the moment are paying on the debt. not even a drop in the bucket, but it's on your shoulders now ha ha.

"I've never claimed to know better". Yes, in my opinion you've proven that on multiple occasions on a myriad of threads (but that's besides the point); However, I don't see where anyone else claims to be an economist by education or training here either. I merely asked the same question of you that you did of someone else. I've never accused you of possessing intellectual honesty. In regards to this "republican mess", I still can't, not until you can acknowledge complicity with the democratic party. I don't recall asking who you voted for or your rationalizations for doing so but thank you for thinking I would actually care.

I would ask you to compare Obama's "plan" to your personal life (I really don't want to know, just something for you and others to think about). In financially troubling times, do you find yourself spending more money or less? (Obama/congress: more). Would you take out loans and run up credit card bills to pay the mortgage or rent HOPING you'd remain employed long enough to pay them off/back or just declare bankruptcy? (Obama/congress: further devaluing the currency/bankruptcy). HOPE a sugar momma/daddy will bail you out? (Obama/congress: Other countries like China). Lastly, Do you tell customers at the business you work for not to buy a product that you have a vested interest in? (Obama: "Don't go to Vegas").

I notice instead of answering the question of academic creditals the topic quickly changes and assumption of a defensive posture. "I would be careful what you place between ASS and U". For someone who is "relying (more like depending)on the Obama team"... I would say it would be your nose and lips (in a muffled voice saying "please Obama bail me out".

You're pretty close on your guess as per where my economic credentials originated. It's tie between 4H and a paper route. I learned then if I gave away newspapers, I wouldn't earn a penny and have to rely upon my parents for spending money. 4H taught personal responsibility, if I didn't take care of the things I had, I lost them. Unlike you, I'd be more than willing to elaborate upon my economic experience as an entrepreneur and the several adult continuing education classes in business and economics.

Emoticons... the intellectually poor mans crutch. In your case though, it's a wheelchair.




Bee/Gio
2112

Bee / Gio
2112

What's the atomic weight of an atom or molecule of 'debt', Think? It's not physical and doesn't obey things like Charles & Boyle's gas laws. Debt is based on a very malleable property called economics that often runs on a type of magic smoke called 'confidence'. And as such, someone heavily in debt can, with the right plan and modicum of luck in a good economy, borrow more money and not only payoff his debts, but turn them into a surplus.

But that's for individuals-- governments don't operate on the same principles, just as atoms don't behave in the same manner as galaxies. Sure, the neophyte may think they are both just round balls, but even that's not true.




Hey Think? Who said "It's physically impossible to get out of debt by throwing more debt at it?" and what is he doing vis-a-vis the national debt? What if he gets violently sick and needs expensive emergency medical attention? Who pays? And if that person later recovers and goes on to make a significant contribution to society, was it because someone said 'Oh, let the deadbeats die, who will miss them'?


-Kerry O.

first of all, you are quoting the wrong kind of physics, maybe that's the only one you know. i won't get into the physics debate since that is obviously your way of dancing around the issue.
what i will say is that if you do have any schooling, you probably believe this about the federal reserve:

"It was founded by Congress in 1913 to provide the nation with a safer, more flexible, and more stable monetary and financial system."

the above statement could not be farther from the truth. you're trying to look at this situation on a smaller scale. i'm looking at it from a larger scale. when we borrow the money from the federal reserve. we have to pay it back with interest, only the federal reserve doesn't print the interest. our dollar has lost 96% of it's value in the 96 years that the federal reserve has been in place. and it's still devaluing. this is because we keep borrowing more and more money from the federal reserve. inflating the money supply. i'm laughing at you when you think that borrowing more money from the lone sharks called the federal reserve, is going to make everything straighten back out. the borrowing of the money has led to the devaluation of our dollar. with this bailout crap it will devaluate quicker than normal. soon we will have no value on money.
that's why the prices keep going up and businesses call it adjusting for inflation.

Pete/Repeat 2112!!:drinks



A self-assumption of intelligence does not make it so.

Im not going to take the braggart road and announce my academic profile to you, or my experience as an entrepreneur.
Just suffice it to say that it is more than a 4-H certificate or a basket on the handle-bars of my bicycle when I was 12. I will also say that my intelligence has been tested beyond the requirements for continued education classes.
While I could tell you, many on here including myself would consider it bragging, so I wont be so vain as you attempt to be. I will leave it at this statement instead.
If you cant tell simply by my posts then your comprehension level is obviously below the HS level!
Now I understand why all your posts resort to lame ass personal attacks. You have nothing else in your portfolio.
You are the only one I know who can type half a page and never really say anything. Is that the best you can come up with in a 12 hour period?
Take a piece of paper with you the next time you go milk the cows so you can scribble down thoughts as they occur. It might help!