Topic: It's the economy, stupid! (Read 73110 times)

JDigital · « **Reply #20 on:** September 19, 2008, 06:51:53 PM »

Quote from: Hump Gizzards Palin on September 19, 2008, 01:47:36 PM

They helped us buy cheap corn from Mexico or something, causing food shortage riots.

Classic · « **Reply #21 on:** September 19, 2008, 06:58:43 PM »

Is our age defined by cynical plunderers who have no idea how steeply civilization has climbed nor how narrow precipice on which it sits is?

Brentai · « **Reply #22 on:** September 19, 2008, 07:22:44 PM »

Our age? We're the good ones!

Royal☭ · « **Reply #23 on:** September 19, 2008, 07:39:30 PM »

So, in the current issue of Contingencies magazine, McCain advocates that healthcare be deregulated in the successful style of banking.

Thad · « **Reply #24 on:** September 19, 2008, 08:01:26 PM »

Mongrel · « **Reply #25 on:** September 20, 2008, 04:59:13 AM »

See, there's a reason I read economic news as intensely as I read political news.

The twin pillars of what controls our lives.

Too bad I have yet to ever put any of my knowledge to any good use. At my fiscal level, I just float around on the tidal wave with all the other little bits of flotsam. The fact that you can actually see the wave forming and coming doesn't really matter if you CAN'T MOVE UNDER YOUR OWN POWER.

Kazz · « **Reply #26 on:** September 20, 2008, 05:52:48 AM »

Wow, Iron Mongrel is a genius who can foretell that horrible thing that's going to happen? Here I thought we were "literally maybe days away" from it raining fucking ice cream.

Mongrel · « **Reply #27 on:** September 20, 2008, 08:49:13 AM »

Actually, I post just to give Kazz an excuse to make snide replies.

JDigital · « **Reply #28 on:** September 20, 2008, 11:33:43 AM »

There's plenty the average person can do!

You can protest, provided you do so with government permission in designated "free speech zones".

You can riot, except a hastile-formed rabble is no match for trained riot police.

You can organize, but then it becomes terrorism.

Thad · « **Reply #29 on:** September 20, 2008, 11:34:42 AM »

So uh. Has anyone tried to explain how a $700 billion taxpayer bailout qualifies as "fiscally conservative" yet?

Classic · « **Reply #30 on:** September 20, 2008, 11:35:42 AM »

BECAUSE IT BENEFITS REPUBLICANS!

Mongrel · « **Reply #31 on:** September 20, 2008, 12:21:53 PM »

Quote from: Thad on September 20, 2008, 11:34:42 AM

So uh. Has anyone tried to explain how a $700 billion taxpayer bailout qualifies as "fiscally conservative" yet?

Not to troll, but I don't think anyone is going to advocate a Laissez-Faire approach at this point.

More importantly, it was the succesive deregulation policies of Friedman/Greenspan that led us here. True, the abuses reached their most egregious under Bush, but guess which administration actually revoked the Glass Steagall Act?

Thad · « **Reply #32 on:** September 20, 2008, 01:25:41 PM »

Quote from: Iron_Mongrel on September 20, 2008, 12:21:53 PM

Quote from: Thad on September 20, 2008, 11:34:42 AM
So uh. Has anyone tried to explain how a $700 billion taxpayer bailout qualifies as "fiscally conservative" yet?

Not to troll, but I don't think anyone is going to advocate a Laissez-Faire approach at this point.

Sure they are. They're just going to do it two sentences after advocating better regulation.

Quote from: Iron_Mongrel on September 20, 2008, 12:21:53 PM

More importantly, it was the succesive deregulation policies of Friedman/Greenspan that led us here. True, the abuses reached their most egregious under Bush, but guess which administration actually revoked the Glass Steagall Act?

Who's arguing? Clinton was right-of-center on the economy -- he made noise about universal healthcare and college education now and again, but what he actually PASSED was stuff like the Telecom Act and the DMCA.

That said, the current administration is unprecedented in its abuses and corruption. Last week's DoI story hammers that home. Clinton helped the robber barons consolidate their power, but he didn't completely gut oversight and regulation.

Brentai · « **Reply #33 on:** September 20, 2008, 01:41:45 PM »

...Thad, you must now take the "Circular Talk Express" bus and make it Guildenstern's avatar.

This I command.

Classic · « **Reply #34 on:** September 20, 2008, 06:42:35 PM »

He's going to have your butt no matter what Thad, don't do it.

Thad · « **Reply #35 on:** September 21, 2008, 10:44:59 PM »

WaPo: the Dems are trying to add their own terms to the bailout, including stronger oversight and decreasing CEO pay for companies that opt in. If they're smart, they will own this issue until November 4.

Quote

"We will not simply hand over a $700 billion blank check to Wall Street," House Speaker Nancy Pelosi (D-Calif.) said in a statement.

Oh yeah, I remember when the House Democrats promised they wouldn't give George Bush a blank check! How'd that turn out again?

Brentai · « **Reply #36 on:** September 21, 2008, 10:48:10 PM »

Quote

$700 billion blank check

Thad · « **Reply #37 on:** September 22, 2008, 05:53:47 PM »

Politico has a pretty good bullet-point list of what Dodd's trying to do. Part of me thinks he's making the classic Clinton mistake of opening with a reasonable bipartisan compromise instead of asking for something radical and then letting the Republicans haggle it down. On the other hand, that would probably be a risky move this close to the election.

Thad · « **Reply #38 on:** September 23, 2008, 02:42:09 PM »

...Now THIS is unexpected.

Reuters: U.S. Senate Republicans back executive pay limits.

The REPUBLICANS caving? This is new. It also shows just how much the Democrats own this issue.

But it could also be an attempt to gain a rhetorical advantage -- if the GOP agrees to a few provisions in the bill but refuses to go along with others, they can accuse the Democrats of being the ones who are stonewalling.

The Artist Formerly Known As Yoji · « **Reply #39 on:** September 23, 2008, 04:06:40 PM »

The Economy: You are doing it wrong.

News:

Author Topic: It's the economy, stupid! (Read 73110 times)