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Old    John Anderson (fly135)      Join Date: Jun 2004       07-26-2011, 3:31 PM Reply   
Bill Clinton makes a ridiculous amount of money giving speeches. Around 5-10 million/year.
Old    SamIngram            07-26-2011, 3:51 PM Reply   
Quote:
Originally Posted by jason_ssr View Post
I dont hold out much hope for the near future. Thing is, these political posts are a job. Its how these people feed their families. There is no incentive for anyone capable to take these jobs. Its a thankless job, for a modest capped salary in a critically damaged system. So, what are we left with? We are left with those who have good pedigrees but dont have the stomach for the fight. The people who truly understand our economy and what stimulates our virtual money into transaction and growth arent wasting their time with politics. They are out growing their own personal corner of the economy. Why? Because when you have enough money, it doesnt really matter if the govt is run by dems, or reps, or socialists, or communists. You could argue that they are affected by the value of the dollar, but they really dont need to be concerned with its global value, they only need to be concerned with their volume compared to the next guy.

Which of Barak's jobs do you think adds greater financials for the Obama household?

1. President of the United States and leader of the free world
2. mediocre autobiographer
So you are saying that there are no more Patriots? Why does a doctor do work for free? Why did Pat Tillman join the army? What about Joe Walsh, or Rep. Mo Brooks?, or Steve Forbes...
Old    Jason G (jason_ssr)      Join Date: Apr 2001       07-27-2011, 5:47 AM Reply   
Im saying there are few. Doctors work for free out of charity. I dont think our government should be a charity effort. I think we need to figure out how to attract the best and brightest instead of settling for second tier career politicians. Maybe we should look for those with careers in finance or business instead of lawyers or trust fund babies... or community organizers...whatever that is.

If to get elected it takes years of playing the game, then all one is going to do when they get there is play the game.
Old    Cliff (ord27)      Join Date: Oct 2005       07-28-2011, 6:22 AM Reply   
Flying on Obama’s private plane.
Obama looked at Oprah, chuckled and said, ‘You know, I could throw a
$1,000 bill out of the window right now and make somebody very happy.
Oprah shrugged her shoulders and replied, ‘I could throw ten $100 bills
out of the window and make ten people very happy.
…Michelle added, ‘That being the case, I could throw one hundred $10 bills
out of the window and make a hundred people very happy..
Hearing their exchange, the pilot rolled his eyes and said to his co-pilot,
“Such big-shots back there. I could throw all three of them out of the
window and make 256 million people very happy.’
Old    Randy Paul (wakeskatethis)      Join Date: May 2011       07-29-2011, 2:07 PM Reply   
“The fact that we are here today to debate raising America 's debt limit is a sign of leadership failure. It is a sign that the US Government can not pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government's reckless fiscal policies. Increasing America 's debt... weakens us domestically and internationally. Leadership means that, "the buck stops here.' Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better.” -- Senator Barack H. Obama, March 2006
Old    Jeremy (wake77)      Join Date: Jan 2009       07-30-2011, 2:05 AM Reply   
"LOL, yes it is impossible to turn the country around; except when Reagan did it after Carter...

For starters, the new president could appoint a new United States Secretary of the Treasury, you know someone who actually understand monetary policy.."

Reagan is part of the reason we are here in the first place. I can paint a turd and it may look good for a brief while, but in the end, it's still a turd.

Reagan raised the debt ceiling 17 times in his presidency, Bush Jr. did it 7. Where were the Tea Party and the fiscally responsible GOP then? Wasn't it Dick Cheney that said the US deficit did not matter?
Old    John Anderson (fly135)      Join Date: Jun 2004       07-30-2011, 7:34 AM Reply   
The reason we are in the position we are in now is the trade deficit amd govt spending overseas. You cannot export 1/2 to 1 trillion dollars out of the economy every year as a sustainable economic paradigm. The govt either expands the money supply or goes into debt to counter the damage of a deficit economy. The question is how fast and how long do you want the economy to decline until we address the real problem?
Old    Aaron (aarond0083)      Join Date: Apr 2007       07-30-2011, 9:53 AM Reply   
Thread makes me think of a great song.

"Mother, should I trust the government?"
-Roger Waters
Old    SamIngram            07-30-2011, 11:43 AM Reply   
Quote:
Originally Posted by wake77 View Post
"LOL, yes it is impossible to turn the country around; except when Reagan did it after Carter...

For starters, the new president could appoint a new United States Secretary of the Treasury, you know someone who actually understand monetary policy.."

Reagan is part of the reason we are here in the first place. I can paint a turd and it may look good for a brief while, but in the end, it's still a turd.

Reagan raised the debt ceiling 17 times in his presidency, Bush Jr. did it 7. Where were the Tea Party and the fiscally responsible GOP then? Wasn't it Dick Cheney that said the US deficit did not matter?
Yes, I know... now look at deficit spending as a % of GDP and it will tell a different story... so you think Clinton was able to balance the budget and have the economy that he did purely on his own and it didn't have a damn thing to do with what Reagan and Bush did after Carter?

I am not a fan George W. or Cheney, they go against my libertarian streak. The entire Federal Government was on spending spree the last decade. The Patriot Act was anything but patriotic... I'm just glad that we are where we are now, because the pain will bring liberty, conservatism, and ultimately return us to small government. The outcome of the US defaulting and losing our credit rating (we will one way or another, either outright or through inflation) will return us to small conservative government, very similar to the way it did in the 1830's did. Oh, ya, we defaulted back then too!
Old    SamIngram            07-30-2011, 11:54 AM Reply   
This is an interesting article about history... I'm still doing research on the actual facts of what happened back then, but this is start... It is about the repudiation of the date in early 1840's.

Repudiation Is an Option

Also, here is a somewhat comical article by Murray Rothbard... Repudiating the National Debt, it seems kind of silly now... he was talking about national debt of about $3.5 Trillion which is chump change now...

Rothbard is one of my favorite economists..

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