Obama, Clinton, McCain, and economics.

O'bama and Clinton are both Populists and throughout history these individuals have a way of detroying our ecomony and the stock market. Lets hope these massive programs they are preching never come to fruition.

As opposed to great job Bush has done with our economy? Or do you think he is a populist too?
 
I certainly hope the fed tunes into this thread for all the answers on how the economy should be handled. Looks like ya'll have the problems licked.
 
As opposed to great job Bush has done with our economy? Or do you think he is a populist too?
The title of this thread is Obama, Clinton, McCain, and economics we can get to Bush some other time......you guys always do that.
 
The title of this thread is Obama, Clinton, McCain, and economics we can get to Bush some other time......you guys always do that.

LMAO. And how many times have we had "Clinton did it too" from Lit's right wing?
 
The title of this thread is Obama, Clinton, McCain, and economics we can get to Bush some other time......you guys always do that.

Except you're making an argument that populists will destroy the economy and I'm just trying to understand if you think Bush was a populist too.

Personally I don't have much confidence in any of them with regards to economics, although ending the war will certainly improve it as we won't be adding the cost of the war to our debt anymore as we have been doing.
 
To add some fire to the equation- recipe for tyranny~

WASHINGTON — The Treasury Department will propose on Monday that Congress give the Federal Reserve broad new authority to oversee financial market stability, in effect allowing it to send SWAT teams into any corner of the industry or any institution that might pose a risk to the overall system.

http://www.nytimes.com/2008/03/29/b...bl&ex=1206936000&en=96cd7953f8ab43d1&ei=5087
 
LMAO. And how many times have we had "Clinton did it too" from Lit's right wing?

Actually, you could easily make the argument that Bill Clinton is also at least partly responsible due to the Community Reinvestment Act, which encouraged banks to loan money for houses to more risky applicants.
 
Except you're making an argument that populists will destroy the economy and I'm just trying to understand if you think Bush was a populist too.

Personally I don't have much confidence in any of them with regards to economics, although ending the war will certainly improve it as we won't be adding the cost of the war to our debt anymore as we have been doing.
Bush was/is a populist in terms of his stance and actions on taxes and fiscal policy, his one big mandate was to lower taxes, capital gains and dividend taxes, which he did, to help the "little guy". But I'm not an expert on the populist platform; I was referring to today's populist issues our candidates are promoting, like healthcare reform, passing legislation on climate change or energy policy, or globalization and protectionism issues. Major change, history says that’s a no no for the market; just ask Andrew Jackson or Teddy Roosevelt, JFK attacking “ big steel” or LBJ’s “great society”. Every action causes a reaction.

My main thing is I'm tired of Europe kicking our asses over here. Instead of building a wall on the Mexican border we should be building super highways and letting them waltz in here, we need cheap labor.
 
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I've pretty much noticed the same thing.
Obama and Clinton are promising all sorts of "new" programs, but they've yet to elaborate on where this money is coming from.

Both plan to generate more money by elminating the tax cuts that Bush pushed through. Well, that might help a little, but my God people! He didn't cut taxes THAT much.

Both want to pull troops out of Iraq. Well, that will save money, but as everyone is fond of mentioning while they're slamming Bush; We're borrowing that money anyway. In other words, there IS no money there to recoup. So we're apparently going to divert that overspending into other projects and keep overspending.

Great plan. That'll fix it.
 
I've pretty much noticed the same thing.
Obama and Clinton are promising all sorts of "new" programs, but they've yet to elaborate on where this money is coming from.

Both plan to generate more money by elminating the tax cuts that Bush pushed through. Well, that might help a little, but my God people! He didn't cut taxes THAT much.

Both want to pull troops out of Iraq. Well, that will save money, but as everyone is fond of mentioning while they're slamming Bush; We're borrowing that money anyway. In other words, there IS no money there to recoup. So we're apparently going to divert that overspending into other projects and keep overspending.

Great plan. That'll fix it.
If the Democraps get into office, make sure you sell your heathcare stocks really fast. Whoever gets in, taxes are going up some say by more than 10%
 
Bush was/is a populist in terms of his stance and actions on taxes and fiscal policy, his one big mandate was to lower taxes, capital gains and dividend taxes, which he did, to help the "little guy". But I'm not an expert on the populist platform; I was referring to today's populist issues our candidates are promoting, like healthcare reform, passing legislation on climate change or energy policy, or globalization and protectionism issues. Major change, history says that’s a no no for the market; just ask Andrew Jackson or Teddy Roosevelt, JFK attacking “ big steel” or LBJ’s “great society”. Every action causes a reaction.

My main thing is I'm tired of Europe kicking our asses over here. Instead of building a wall on the Mexican border we should be building super highways and letting them waltz in here, we need cheap labor.

capital gains is suppose to stimulate job creation by rewarding the risk takers, who are NOT little people.
 
To add some fire to the equation- recipe for tyranny~

WASHINGTON — The Treasury Department will propose on Monday that Congress give the Federal Reserve broad new authority to oversee financial market stability, in effect allowing it to send SWAT teams into any corner of the industry or any institution that might pose a risk to the overall system.

http://www.nytimes.com/2008/03/29/b...bl&ex=1206936000&en=96cd7953f8ab43d1&ei=5087

Oh great. More federal gestapo auditors:rolleyes:
 
Damn but it's been an interesting week. Obama and Clinton have gone head over heels trying to out spend one another. Depending on who's doing the scoring they've promised to spend anywhere from $480 billion to $800 billion. Neither explaining where all this money id going to come from.

[snip]
Ishmael

C'mon, CupCake! We ALL know from where the money will come.....

http://geigercpa.com/images/Form%201040%20with%20woman.jpg
 
That's a lie. He raised the flag just like he did with the dot com collapse. He had no legal authority to do anything. And that gets us to Obamas idea. An idea I opened for discussion.

Ishmael

Still no reply to my post Ish?
 
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