Page 1 of 5 123 ... LastLast
Results 1 to 10 of 45
  1. #1 California’s Nightmare Will Kill Obamanomics 
    Senior Member Full-Auto's Avatar
    Join Date
    May 2008
    Posts
    651
    July 6 (Bloomberg) -- Last week, we discovered that the state of California will gladly pay you Tuesday for a hamburger today.

    With California mired in a budget crisis, largely the result of a political impasse that makes spending cuts and tax increases impossible, Controller John Chiang said the state planned to issue $3.3 billion in IOU’s in July alone. Instead of cash, those who do business with California will get slips of paper.

    The California morass has Democrats in Washington trembling. The reason is simple. If Obama’s health-care plan passes, then we may well end up paying for it with federal slips of paper worth less than California’s. Obama has bet everything on passing health care this year. The publicity surrounding the California debt fiasco almost assures his resounding defeat.

    Source: http://www.bloomberg.com/apps/news?p...d=aTKrn1jUJwdE
    I like to shoot people with my CANON.
    Reply With Quote  
     

  2. #2  
    Senior Member Full-Auto's Avatar
    Join Date
    May 2008
    Posts
    651
    What I struggle to understand is how can anyone support the outrageous spending of this administration? How freaking dumb do you have to be to honestly think, ESPECIALLY in this economic climate, that nationalizing healthcare will be a good thing?
    I like to shoot people with my CANON.
    Reply With Quote  
     

  3. #3  
    Banned
    Join Date
    May 2008
    Posts
    11,970
    Passage of the Obama health care plan along with cap and trade will put this country on a downward spiral of economic degradation that this country will never recover from.
    Reply With Quote  
     

  4. #4  
    Super Moderator BadCat's Avatar
    Join Date
    May 2008
    Location
    In your dreams
    Posts
    15,616
    Quote Originally Posted by lacarnut View Post
    Passage of the Obama health care plan along with cap and trade will put this country on a downward spiral of economic degradation that this country will never recover from.
    Keep buying gold, dude.

    rm -rf obama*
    Reply With Quote  
     

  5. #5  
    Banned
    Join Date
    May 2008
    Posts
    11,970
    Quote Originally Posted by BadCat View Post
    Keep buying gold, dude.
    Bought a couple of thou. today. My large safety deposit box is full.
    Reply With Quote  
     

  6. #6  
    Senior Member stsinner's Avatar
    Join Date
    Feb 2009
    Posts
    3,525
    Quote Originally Posted by Full-Auto View Post
    What I struggle to understand is how can anyone support the outrageous spending of this administration? How freaking dumb do you have to be to honestly think, ESPECIALLY in this economic climate, that nationalizing healthcare will be a good thing?
    Actually, I thought that massive spending was the only way out of debt....

    California is undeniable proof that massive gubment regulation will strangle the states and not lead to profitability or a healthy economy. All the positive aspects the Oblahblah administration touts about Socialist health care are lies and delusional information perpetrated on the ignorant masses so desperate for more free stuff. If you think your health care is expensive now, just wait until it's free!

    Unfortunately, just as we ignore the failure of Socialist health care all over the world yet make a headlong rush towards it, Americans seem to be really bad at learning from the mistakes of others. We seem to think that it hasn't worked all over the world where it's being practiced now because nobody as smart as us has tried it.. We seem to have some sick and twisted need to make the mistake ourselves before we admit that it doesn't work. The problem is that once it's foist upon us, we'll never get rid of it, no matter how miserably it fails or inefficient it is. Like a welfare recipient whose kid turns 18 and is emancipated-we'll just have another kid rather than lose benefits...
    Last edited by stsinner; 07-06-2009 at 03:43 PM.
    Obama-if you're being run out of town, get out in front and pretend that it's a parade!!!
    Reply With Quote  
     

  7. #7  
    Senior Member
    Join Date
    Jul 2008
    Location
    Thailand/Arizona
    Posts
    766
    Quote Originally Posted by lacarnut View Post
    Bought a couple of thou. today. My large safety deposit box is full.
    Where does one buy gold at a good price?
    Reply With Quote  
     

  8. #8  
    Japandroid
    Guest
    People in CA vote on spending and taxing measures. They want their government to provide them with nearly unlimited services with no tax burden.

    Direct democracy doesnt work.
    Reply With Quote  
     

  9. #9  
    PORCUS MAXIMUS Rockntractor's Avatar
    Join Date
    Apr 2009
    Location
    oklahoma
    Posts
    42,284
    Quote Originally Posted by Japandroid View Post
    People in CA vote on spending and taxing measures. They want their government to provide them with nearly unlimited services with no tax burden.

    Direct democracy doesnt work.
    Hey your sharp! Why don't we try a republic.
    Reply With Quote  
     

  10. #10  
    Japandroid
    Guest
    There is no discernable difference between a "Democracy" and a "Republic", only people on the internet think there is.
    Reply With Quote  
     

Bookmarks
Bookmarks
Posting Permissions
  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •