Re: DEMOCRATS BLOCK OFFSHORE DRILLING BILL

Investment in Stocks - Forum for sharing info about stocks and options. 

get this group's latest topics as an RSS feed add this group's latest topics to your My MSN content add this group's latest topics to your My Yahoo content  add this group's latest topics to your Google content  YahooMyWeb Yahoo!  Google Google  Windows Live Favorites Windows Live  del.icio.us del.icio.us  digg digg  Add to Netscape Netscape
Subject Author Date
Re: DEMOCRATS BLOCK OFFSHORE DRILLING BILL Balanced View 07-15-2008
Posted by Balanced View on July 15, 2008, 11:26 am
comics@webtv.net wrote:
> yes, it seems the democrat leadership want to seize control by causing
> an economic depression....
>
> "Arrest the oil commodity speculators for conspiracy to commit "price
> fixing" !
>
>
>

Historically the economy and the market has performed better under the
Democrats by a wide margin
better stewardship of the economy by Republicans or the destruction of
it under Democrats is a myth.

Posted by John Galt on July 15, 2008, 12:27 pm

> comics@webtv.net wrote:
>> yes, it seems the democrat leadership want to seize control by causing
>> an economic depression....
>>
>> "Arrest the oil commodity speculators for conspiracy to commit "price
>> fixing" !
>>
>>
>
> Historically the economy and the market has performed better under the
> Democrats by a wide margin
> better stewardship of the economy by Republicans or the destruction of it
> under Democrats is a myth.

The business cycle doesn't start and stop when a new president comes in.
Thus, there are sites on both partisan sides that "prove" that the economy
is better under "their guy."

My preference is to totally ignore all of it. Liars use statistics, and I've
never seen more creative lying with statistics than by partisans driven to
prove their point, over the last few years.

JG



Posted by Balanced View on July 15, 2008, 12:42 pm
John Galt wrote:
>
>> comics@webtv.net wrote:
>>
>>> yes, it seems the democrat leadership want to seize control by causing
>>> an economic depression....
>>>
>>> "Arrest the oil commodity speculators for conspiracy to commit "price
>>> fixing" !
>>>
>>>
>>>
>> Historically the economy and the market has performed better under the
>> Democrats by a wide margin
>> better stewardship of the economy by Republicans or the destruction of it
>> under Democrats is a myth.
>>
>
> The business cycle doesn't start and stop when a new president comes in.
> Thus, there are sites on both partisan sides that "prove" that the economy
> is better under "their guy."
>
> My preference is to totally ignore all of it. Liars use statistics, and I've
> never seen more creative lying with statistics than by partisans driven to
> prove their point, over the last few years.
>
> JG
>
>
>

What I've stated has been the case since 1927, and is a matter of record .

Posted by John Galt on July 15, 2008, 1:19 pm

> John Galt wrote:
>>
>>> comics@webtv.net wrote:
>>>
>>>> yes, it seems the democrat leadership want to seize control by causing
>>>> an economic depression....
>>>>
>>>> "Arrest the oil commodity speculators for conspiracy to commit "price
>>>> fixing" !
>>>>
>>>>
>>>>
>>> Historically the economy and the market has performed better under the
>>> Democrats by a wide margin
>>> better stewardship of the economy by Republicans or the destruction of
>>> it under Democrats is a myth.
>>>
>>
>> The business cycle doesn't start and stop when a new president comes in.
>> Thus, there are sites on both partisan sides that "prove" that the
>> economy is better under "their guy."
>>
>> My preference is to totally ignore all of it. Liars use statistics, and
>> I've never seen more creative lying with statistics than by partisans
>> driven to prove their point, over the last few years.
>>
>> JG
>>
>>
>>
>
> What I've stated has been the case since 1927, and is a matter of record .

It's partisan stats. For every website that "proves" what you want it to,
there's another one on the other side that "proves" the opposite, and
they're all run by people with sigs that refer to their ability to tell the
truth. :-)

If you can't see that American is being manipulated into one box or there
other by politicos who have as their first priority not the American people
but their own political survival, there's not much hope for you.

What's better is to align yourself with a political and economic philosophy,
and let the political players move as they will. We, for example, had a
great economy in the 90's, I'm sure you'd agree; what you won't agree with,
I suspect, is another fact which can be easily shown by looking through the
policies supported and passed -- that on balance., Clinton was the most
economically conservative president since Eisenhower, for no other reason
that issue conservatives don't support imbalanced budgets (you may remember,
for example, that the Balanced Budget Amendment was a GOP-driven initiative
back when the GOP was conservative, and opposed by liberals; and now that
the Dems are more economically conservative than the GOP, its the Dems that
tend to support pay-go, which is the same effect of the BBA without the
legislative hassle.

JG





Posted by Lubow on July 15, 2008, 1:50 pm
Hello, John!
>for example, that the Balanced Budget Amendment was a GOP-driven initiative
>back when the GOP was conservative, and opposed by liberals; and now that the
>Dems are more economically conservative than the GOP, its the Dems that tend to
>support pay-go, which is the same effect of the BBA without the legislative
>hassle.


The GOP dropped economic conservatism when Reagan began to justify huge deficits
and huge increases in the national debt by comparing indebtedness to
"percentages of GDP." Such a metric had never been used previously by any
administration. The recession of the early 1990s stands in testament of
Reaganomics.

What we have now is Reaganomics taken to its logical conclusion starting from
the time the GOP controlled all three branches of government in 2001. This
means the Administration completely ignores all principles of good financial
policy and not even bother with "percentages of GDP" even if it means waging
unfinanced wars to appease big oil and its huge soft money political donations.

And when you hear druggies like Larry Kudlow talk about "supply side" it is
simply a euphemism for unbounded spending for the purposes of redirecting wealth
toward those who respond with soft money donations.




Similar ThreadsPosted
Dearth of Ships Delays Drilling of Offshore Oil June 22, 2008, 10:55 am
Re: DEMOCRATS SET TO INTRODUCE "PHONY" ENERGY BILL August 25, 2008, 3:28 pm
Hot News: Democrats offer another bill to curb oil speculation June 22, 2008, 12:43 pm
Re: "ENERGY SPECULATION BILL" ADDED TO BAILOUT BILL September 23, 2008, 6:59 am
New KID on the Block July 26, 2007, 6:39 am
Re: DEM CONGRESS PLAYING "OIL DRILLING TRICKS" ON AMERICA July 17, 2008, 5:48 pm
Re: DEM CONGRESS PLAYING "OIL DRILLING TRICKS" ON AMERICA July 17, 2008, 6:11 pm
BUSH PLAYING "OIL DRILLING TRICKS" ON AMERICA July 18, 2008, 8:38 am
Re: BUSH PLAYING "OIL DRILLING TRICKS" ON AMERICA July 18, 2008, 11:38 am
Dow Jones had a Bearish Advance Block pattern. December 9, 2007, 10:08 am

other essential online resources:
United States Treasury
US Securities and Exchange Commission
New York Stock Exchange
Tokyo Stock Exchange
Accounting and Tax Software Forums

Contact Us | Privacy Policy   XML SitemapXML Sitemap