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#81
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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10 cheapest BEST cities to live.... and to run a mfr'g bidniss??
On Tue, 18 Oct 2011 03:50:34 -0400, Allen Drake
wrote: On Mon, 17 Oct 2011 18:52:02 -0700, Gunner Asch wrote: On Mon, 17 Oct 2011 19:05:54 -0400, Allen Drake wrote: On Mon, 17 Oct 2011 12:58:58 -0700, Gunner Asch wrote: On Mon, 17 Oct 2011 04:06:10 -0400, Allen Drake wrote: On Sun, 16 Oct 2011 21:40:29 -0700, Gunner Asch wrote: On Sun, 16 Oct 2011 17:01:44 -0400, Allen Drake wrote: On Sun, 16 Oct 2011 13:14:58 -0700, Gunner Asch wrote: On Sun, 16 Oct 2011 08:11:27 -0400, Allen Drake wrote: On Sun, 16 Oct 2011 23:00:44 +1100, "Grumpy" wrote: Did it ever occur to anyone on this newsgroup that there are a LOT of places outside of the US that aregood places to live? Places where you don't have crackheads and gangs hanging on every corner. The place is stuffed. get out of it and join the real world. Half your population dont vote and you get the politicians you deserve as a result. Go to the polls and turf them out if you don't like them. Don't waste bandwidth whining about it on a newsgroup dedicated to metalworking, You will never learn of nice places around the world. The USA is all about hate and lies that will always make it seem like the world revolves around America and every place else is meaningless. Americans are the greatest race of people on the planet. The right is in the process of saving the universe from the left wing socialist commie pot smoking baby killing Godless outcasts and Bush was the greatest leader the world has ever known. I wonder who can ever fill his shoes. Maybe Cain or Perry or Romney or Palin or any of the rest of those clueless wing nuts can manage to funnel the rest of the money to the top 2%. So you you are in a park someplace protesting and ****ting in a plastic bag? Sucks to be you. Gonna be hanging around when the snow falls? Laugh laugh laugh!! This is gonna be fun to watch when winter sets in....VBG Gunner There you go again with more lies. This is all you tards know how to do. Posting with your head up your ass again hey Gummer? What lies? Hummmm? Gonna freeze your ass off squatting on a porta pottie in DC or some other place? Laugh laugh laugh..you will be back in your mommas basement the first time the frost sets in. ****ing wienie Leftwingers....dumb as dirt and have zero staying power if they are uncomfortable. Gunner As usual you have no idea what you are talking about but keep trying. Running and trying to divert from the truth that you wingers ran this county into the ditch is all you have. Must suck to be as clueless as you. Must suck to be a lying Leftwinger as you have shown yourself to be. Biased, bigoted, racist, bull****er and buffoon..you cover them all. VBG Gunner All you have are lies. I do love it when you melt down Gumby. I have posted nothing that show I am any of the above. What did I post that says I am racist? You have nothing little man. Must suck to be mad at the world Gumby. EVERY post you make is filled with lies. Including this one. Making an observation of your mental illness and hate, buffoonery and bias and bigoty is hardly a "meltdown" you poor sorry bit of dreck. When the Cull arrives..the world will be a far better, cleaner place with you dead. You are the only one melting down loon. You get more sickly with every post. Shrug..and you get closer to the bottom of a mass grave with each passing day. VBG Works for me. Gunner One could not be a successful Leftwinger without realizing that, in contrast to the popular conception supported by newspapers and mothers of Leftwingers, a goodly number of Leftwingers are not only narrow-minded and dull, but also just stupid. Gunner Asch |
#82
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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10 cheapest BEST cities to live.... and to run a mfr'g bidniss??
On Tue, 18 Oct 2011 15:48:26 -0400, Allen Drake
wrote: laugh laugh laugh..and with each post you make..you get closer to a mass grave filled with your fellow mental cases. Ill kinda miss you. Having you around is like having a retarded chimp on an organ grinders chain where everyone can laugh at it. What in the world are you babbling about now? Because I and most of the rest of the country knows the republicans left this county in the state it is in And again he shows his mental illness and "megalomania". VBG Typical Leftwinger...full of **** and sick in the head. Say...hows those approval polls for the Obamassiah doing these days? Laugh laugh laugh!!! Gunner One could not be a successful Leftwinger without realizing that, in contrast to the popular conception supported by newspapers and mothers of Leftwingers, a goodly number of Leftwingers are not only narrow-minded and dull, but also just stupid. Gunner Asch |
#83
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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10 cheapest BEST cities to live.... and to run a mfr'g bidniss??
On Tue, 18 Oct 2011 16:26:23 -0400, "Michael A. Terrell"
wrote: Allen Drake wrote: Because I and most of the rest of the country knows the republicans left this county in the state it is in Which county? The same country that Bush and the republicans lead into a ditch. The entire world knows what happened and who was to blame. |
#84
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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10 cheapest BEST cities to live.... and to run a mfr'g bidniss??
On Tue, 18 Oct 2011 15:06:52 -0700, Gunner Asch
wrote: On Tue, 18 Oct 2011 15:48:26 -0400, Allen Drake wrote: laugh laugh laugh..and with each post you make..you get closer to a mass grave filled with your fellow mental cases. Ill kinda miss you. Having you around is like having a retarded chimp on an organ grinders chain where everyone can laugh at it. What in the world are you babbling about now? Because I and most of the rest of the country knows the republicans left this county in the state it is in And again he shows his mental illness and "megalomania". VBG Typical Leftwinger...full of **** and sick in the head. Say...hows those approval polls for the Obamassiah doing these days? Laugh laugh laugh!!! Gunner One could not be a successful Leftwinger without realizing that, in contrast to the popular conception supported by newspapers and mothers of Leftwingers, a goodly number of Leftwingers are not only narrow-minded and dull, but also just stupid. Gunner Asch Yes Gumby, we all know how loony you are. Not many think the republicans were not to blame. How does it feel to be such a nut case? |
#85
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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10 cheapest BEST cities to live.... and to run a mfr'g bidniss??
On Tue, 18 Oct 2011 13:55:54 -0700, Gunner Asch
wrote: On Tue, 18 Oct 2011 03:50:34 -0400, Allen Drake wrote: On Mon, 17 Oct 2011 18:52:02 -0700, Gunner Asch wrote: On Mon, 17 Oct 2011 19:05:54 -0400, Allen Drake wrote: On Mon, 17 Oct 2011 12:58:58 -0700, Gunner Asch wrote: On Mon, 17 Oct 2011 04:06:10 -0400, Allen Drake wrote: On Sun, 16 Oct 2011 21:40:29 -0700, Gunner Asch wrote: On Sun, 16 Oct 2011 17:01:44 -0400, Allen Drake wrote: On Sun, 16 Oct 2011 13:14:58 -0700, Gunner Asch wrote: On Sun, 16 Oct 2011 08:11:27 -0400, Allen Drake wrote: On Sun, 16 Oct 2011 23:00:44 +1100, "Grumpy" wrote: Did it ever occur to anyone on this newsgroup that there are a LOT of places outside of the US that aregood places to live? Places where you don't have crackheads and gangs hanging on every corner. The place is stuffed. get out of it and join the real world. Half your population dont vote and you get the politicians you deserve as a result. Go to the polls and turf them out if you don't like them. Don't waste bandwidth whining about it on a newsgroup dedicated to metalworking, You will never learn of nice places around the world. The USA is all about hate and lies that will always make it seem like the world revolves around America and every place else is meaningless. Americans are the greatest race of people on the planet. The right is in the process of saving the universe from the left wing socialist commie pot smoking baby killing Godless outcasts and Bush was the greatest leader the world has ever known. I wonder who can ever fill his shoes. Maybe Cain or Perry or Romney or Palin or any of the rest of those clueless wing nuts can manage to funnel the rest of the money to the top 2%. So you you are in a park someplace protesting and ****ting in a plastic bag? Sucks to be you. Gonna be hanging around when the snow falls? Laugh laugh laugh!! This is gonna be fun to watch when winter sets in....VBG Gunner There you go again with more lies. This is all you tards know how to do. Posting with your head up your ass again hey Gummer? What lies? Hummmm? Gonna freeze your ass off squatting on a porta pottie in DC or some other place? Laugh laugh laugh..you will be back in your mommas basement the first time the frost sets in. ****ing wienie Leftwingers....dumb as dirt and have zero staying power if they are uncomfortable. Gunner As usual you have no idea what you are talking about but keep trying. Running and trying to divert from the truth that you wingers ran this county into the ditch is all you have. Must suck to be as clueless as you. Must suck to be a lying Leftwinger as you have shown yourself to be. Biased, bigoted, racist, bull****er and buffoon..you cover them all. VBG Gunner All you have are lies. I do love it when you melt down Gumby. I have posted nothing that show I am any of the above. What did I post that says I am racist? You have nothing little man. Must suck to be mad at the world Gumby. EVERY post you make is filled with lies. Including this one. Making an observation of your mental illness and hate, buffoonery and bias and bigoty is hardly a "meltdown" you poor sorry bit of dreck. When the Cull arrives..the world will be a far better, cleaner place with you dead. You are the only one melting down loon. You get more sickly with every post. Shrug..and you get closer to the bottom of a mass grave with each passing day. VBG Works for me. Gunner One could not be a successful Leftwinger without realizing that, in contrast to the popular conception supported by newspapers and mothers of Leftwingers, a goodly number of Leftwingers are not only narrow-minded and dull, but also just stupid. Gunner Asch Gumby nothing seems to work for you. No matter how hard you try you can't worm out and convince anyone the previous administration did anything right so you don't even try. All you have left is your feeble attempt to try to distract. Lost two wars started with lies. Admitted he gave up looking for Bin Laden while Obama got him. Brought America into the biggest recession sine the great depression and lost millions of jobs. Obama has created millions. Bush got more Americans killed over his lies than all terrorists combined. Man you are one screwball Gumby. Poor little man. Wahahahahaha............... |
#86
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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10 cheapest BEST cities to live.... and to run a mfr'g bidniss??
On Tue, 18 Oct 2011 11:25:43 -0400, "Michael A. Terrell"
wrote: Allen Drake wrote: On Mon, 17 Oct 2011 19:19:17 -0400, "Michael A. Terrell" ? wrote: ? ?Allen Drake wrote: ?? ?? On Mon, 17 Oct 2011 16:06:04 -0400, "Michael A. Terrell" ?? ? wrote: ?? ?? ? ?? ?Allen Drake wrote: ?? ?? ?? ?? I have been a machinist for over 40 years and am still going strong. ?? ?? My post was all about the loss of many of those jobs due to the total ?? ?? failures of the previous administration. So far the only responses I ?? ?? have seen are diversions and denial but facts are facts no matter what ?? ?? happened in the past. The republican administration left this country ?? ?? in the biggest mess since the great depression. No matter how much ?? ?? Clinton lied or anything done by him or anyone the facts will never ?? ?? change. ?? ?? ?? ?? It must suck to be a rightWingNut still defending Bush. ?? ? ?? ? ?? ? I'm an independent and I'm not defending anyone, moron. ?? ?? You are the moron here and are defending the republicans unless you ?? can be specific about what I have posted it inaccurate. ? ? ? Show us where I supported anyone, loser. Simply by posting to this thread you show where you stand. You are no different then Gumby. I accept your inability to prove your statements. By your own flawed logic, you are no different than Gunner. However..I do provide cites G Gunner |
#87
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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10 cheapest BEST cities to live.... and to run a mfr'g bidniss??
On Tue, 18 Oct 2011 19:33:14 -0400, Allen Drake
wrote: On Tue, 18 Oct 2011 15:06:52 -0700, Gunner Asch wrote: On Tue, 18 Oct 2011 15:48:26 -0400, Allen Drake wrote: laugh laugh laugh..and with each post you make..you get closer to a mass grave filled with your fellow mental cases. Ill kinda miss you. Having you around is like having a retarded chimp on an organ grinders chain where everyone can laugh at it. What in the world are you babbling about now? Because I and most of the rest of the country knows the republicans left this county in the state it is in And again he shows his mental illness and "megalomania". VBG Typical Leftwinger...full of **** and sick in the head. Say...hows those approval polls for the Obamassiah doing these days? Laugh laugh laugh!!! Gunner One could not be a successful Leftwinger without realizing that, in contrast to the popular conception supported by newspapers and mothers of Leftwingers, a goodly number of Leftwingers are not only narrow-minded and dull, but also just stupid. Gunner Asch Yes Gumby, we all know how loony you are. Not many think the republicans were not to blame. How does it feel to be such a nut case? "I believe that being despised by the despicable is as good as being admired by the admirable." From long experience myself, I can only say, "You betcha." Laugh laugh laugh!! Gunner |
#88
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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10 cheapest BEST cities to live.... and to run a mfr'g bidniss??
On Tue, 18 Oct 2011 19:39:02 -0400, Allen Drake
wrote: On Tue, 18 Oct 2011 13:55:54 -0700, Gunner Asch wrote: On Tue, 18 Oct 2011 03:50:34 -0400, Allen Drake wrote: On Mon, 17 Oct 2011 18:52:02 -0700, Gunner Asch wrote: On Mon, 17 Oct 2011 19:05:54 -0400, Allen Drake wrote: On Mon, 17 Oct 2011 12:58:58 -0700, Gunner Asch wrote: On Mon, 17 Oct 2011 04:06:10 -0400, Allen Drake wrote: On Sun, 16 Oct 2011 21:40:29 -0700, Gunner Asch wrote: On Sun, 16 Oct 2011 17:01:44 -0400, Allen Drake wrote: On Sun, 16 Oct 2011 13:14:58 -0700, Gunner Asch wrote: On Sun, 16 Oct 2011 08:11:27 -0400, Allen Drake wrote: On Sun, 16 Oct 2011 23:00:44 +1100, "Grumpy" wrote: Did it ever occur to anyone on this newsgroup that there are a LOT of places outside of the US that aregood places to live? Places where you don't have crackheads and gangs hanging on every corner. The place is stuffed. get out of it and join the real world. Half your population dont vote and you get the politicians you deserve as a result. Go to the polls and turf them out if you don't like them. Don't waste bandwidth whining about it on a newsgroup dedicated to metalworking, You will never learn of nice places around the world. The USA is all about hate and lies that will always make it seem like the world revolves around America and every place else is meaningless. Americans are the greatest race of people on the planet. The right is in the process of saving the universe from the left wing socialist commie pot smoking baby killing Godless outcasts and Bush was the greatest leader the world has ever known. I wonder who can ever fill his shoes. Maybe Cain or Perry or Romney or Palin or any of the rest of those clueless wing nuts can manage to funnel the rest of the money to the top 2%. So you you are in a park someplace protesting and ****ting in a plastic bag? Sucks to be you. Gonna be hanging around when the snow falls? Laugh laugh laugh!! This is gonna be fun to watch when winter sets in....VBG Gunner There you go again with more lies. This is all you tards know how to do. Posting with your head up your ass again hey Gummer? What lies? Hummmm? Gonna freeze your ass off squatting on a porta pottie in DC or some other place? Laugh laugh laugh..you will be back in your mommas basement the first time the frost sets in. ****ing wienie Leftwingers....dumb as dirt and have zero staying power if they are uncomfortable. Gunner As usual you have no idea what you are talking about but keep trying. Running and trying to divert from the truth that you wingers ran this county into the ditch is all you have. Must suck to be as clueless as you. Must suck to be a lying Leftwinger as you have shown yourself to be. Biased, bigoted, racist, bull****er and buffoon..you cover them all. VBG Gunner All you have are lies. I do love it when you melt down Gumby. I have posted nothing that show I am any of the above. What did I post that says I am racist? You have nothing little man. Must suck to be mad at the world Gumby. EVERY post you make is filled with lies. Including this one. Making an observation of your mental illness and hate, buffoonery and bias and bigoty is hardly a "meltdown" you poor sorry bit of dreck. When the Cull arrives..the world will be a far better, cleaner place with you dead. You are the only one melting down loon. You get more sickly with every post. Shrug..and you get closer to the bottom of a mass grave with each passing day. VBG Works for me. Gunner One could not be a successful Leftwinger without realizing that, in contrast to the popular conception supported by newspapers and mothers of Leftwingers, a goodly number of Leftwingers are not only narrow-minded and dull, but also just stupid. Gunner Asch Gumby nothing seems to work for you. No matter how hard you try you can't worm out and convince anyone the previous administration did anything right so you don't even try. All you have left is your feeble attempt to try to distract. Lost two wars started with lies. Admitted he gave up looking for Bin Laden while Obama got him. Brought America into the biggest recession sine the great depression and lost millions of jobs. Obama has created millions. Bush got more Americans killed over his lies than all terrorists combined. Man you are one screwball Gumby. Poor little man. Wahahahahaha............... "I believe that being despised by the despicable is as good as being admired by the admirable." From long experience myself, I can only say, "You betcha." Laugh laugh laugh!!! Gunner |
#89
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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10 cheapest BEST cities to live.... and to run a mfr'g bidniss??
On Oct 18, 7:39*pm, Allen Drake wrote:
lost millions of jobs. Obama has created millions. If Obama has created millions of jobs, explain how the unemployment is close to 10%. As far as I know, Obama has at best kept a lot of government jobs going for another year, but those jobs will be lost eventually. You are welcome to cite studies that prove Obama has created jobs. Dan |
#90
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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10 cheapest BEST cities to live.... and to run a mfr'g bidniss??
Gunner Asch wrote: On Tue, 18 Oct 2011 11:25:43 -0400, "Michael A. Terrell" wrote: Allen Drake wrote: On Mon, 17 Oct 2011 19:19:17 -0400, "Michael A. Terrell" ? wrote: ? ?Allen Drake wrote: ?? ?? On Mon, 17 Oct 2011 16:06:04 -0400, "Michael A. Terrell" ?? ? wrote: ?? ?? ? ?? ?Allen Drake wrote: ?? ?? ?? ?? I have been a machinist for over 40 years and am still going strong. ?? ?? My post was all about the loss of many of those jobs due to the total ?? ?? failures of the previous administration. So far the only responses I ?? ?? have seen are diversions and denial but facts are facts no matter what ?? ?? happened in the past. The republican administration left this country ?? ?? in the biggest mess since the great depression. No matter how much ?? ?? Clinton lied or anything done by him or anyone the facts will never ?? ?? change. ?? ?? ?? ?? It must suck to be a rightWingNut still defending Bush. ?? ? ?? ? ?? ? I'm an independent and I'm not defending anyone, moron. ?? ?? You are the moron here and are defending the republicans unless you ?? can be specific about what I have posted it inaccurate. ? ? ? Show us where I supported anyone, loser. Simply by posting to this thread you show where you stand. You are no different then Gumby. I accept your inability to prove your statements. By your own flawed logic, you are no different than Gunner. However..I do provide cites G All his cites come from the voices in his head. I wonder if his mother had any kids that weren't born brain dead? -- You can't have a sense of humor, if you have no sense. |
#91
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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10 cheapest BEST cities to live.... and to run a mfr'g bidniss??
Allen Drake wrote: On Tue, 18 Oct 2011 16:26:23 -0400, "Michael A. Terrell" wrote: Allen Drake wrote: Because I and most of the rest of the country knows the republicans left this county in the state it is in Which county? The same country that Bush and the republicans lead into a ditch. The entire world knows what happened and who was to blame. Sigh. You can't even read what you post. -- You can't have a sense of humor, if you have no sense. |
#92
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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10 cheapest BEST cities to live.... and to run a mfr'g bidniss??
On Tue, 18 Oct 2011 18:41:23 -0700 (PDT), "
wrote: On Oct 18, 7:39*pm, Allen Drake wrote: lost millions of jobs. Obama has created millions. If Obama has created millions of jobs, explain how the unemployment is close to 10%. As far as I know, Obama has at best kept a lot of government jobs going for another year, but those jobs will be lost eventually. You are welcome to cite studies that prove Obama has created jobs. Dan If you really paid attention you would already know. There is loife without FOX. According to Florida congresswoman Debbie Wasserman Schultz, President Obama is on pace to create more jobs in 2010 than President Bush did in his eight years of office. "A republican President has never , never left the office with a blanced Budget or a surplus.... Never " |
#93
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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10 cheapest BEST cities to live.... and to run a mfr'g bidniss??
Allen Drake wrote:
What in the world are you babbling about now? Because I and most of the rest of the country knows the republicans left this county in the state it is in I am..........." with each post you make..you get closer to a mass grave filled with your fellow mental cases." I wouldn't say exactly that. The budget deficit in 2007 was $110 billion. The budget deficit for the year ending Sept 30th was $1.4 trillion. For the entire eight years of the Bush administration, the combined budget deficits were about $800 billion. Obama has quadrupled that amount in only three years. Assuming Obama inherited a mess, he's made it worse. Far worse. Almost impossibly worse. |
#94
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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10 cheapest BEST cities to live.... and to run a mfr'g bidniss??
HeyBub wrote: I wouldn't say exactly that. The budget deficit in 2007 was $110 billion. The budget deficit for the year ending Sept 30th was $1.4 trillion. For the entire eight years of the Bush administration, the combined budget deficits were about $800 billion. Obama has quadrupled that amount in only three years. Assuming Obama inherited a mess, he's made it worse. Far worse. Almost impossibly worse. You are assuming the federal budget deficit is a problem. The federal budget is not causing the economic slow down. The fedreal budget deficit is the only thing preventing a full scale depression bigger than the depresion of the 30's. It is private sector mismanagement of credit and debt that has been pushing the US into a depression. The federal deficit is the only thing preventing the depression from happening. This is not theory. This is what you will see as fact when the effort is made to reduce the deficit. Economic collapse. The fact that 15% of workers cannot find suitable employment tells you the federal deficit is now way too small. When Congress makes the deficit smaller then millions more in the US will become out of work. If Congress tries to balance the budget there may be 50% of the workforce unemployed. |
#95
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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10 cheapest BEST cities to live.... and to run a mfr'g bidniss??
On Oct 19, 3:55*am, Allen Drake wrote:
*If you really paid attention you would already know. There is loife without FOX. According to Florida congresswoman Debbie Wasserman Schultz, President Obama is on pace to create more jobs in 2010 than President Bush did in his eight years of office. "A republican President has never , never left the office with a blanced Budget or a surplus.... Never " I do not watch Fox. And do not pay any attention to economic news on TV. Some of the newpapers are much better for in depth stories on the economy. As far as Debbie Schultz..........I hardly consider the Chair of the Democratic National Committee to be a balanced source of news. Do you really think I am stupid enough to believe any congress person is an unbiased source of economic news? Dan |
#96
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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10 cheapest BEST cities to live.... and to run a mfr'g bidniss??
Allen Drake wrote:
"A republican President has never , never left the office with a blanced Budget or a surplus.... Never " In the red and black terms of fiscal policy, it was a dramatic occasion. After a paring arid scraping, President Eisenhower had almost in hand, to present to the 86th Congress next month, a balanced budget with about $77 billion incoming against about $77 billion outgoing. Read mo http://www.time.com/time/magazine/ar...#ixzz1bF6d7CID -- Regards, Steve Saling aka The Garlic Dude © Gilroy, CA The Garlic Capital of The World http://tinyurl.com/2avg58 |
#97
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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10 cheapest BEST cities to live.... and to run a mfr'g bidniss??
Garlicdude wrote: Allen Drake wrote: "A republican President has never , never left the office with a blanced Budget or a surplus.... Never " In the red and black terms of fiscal policy, it was a dramatic occasion. After a paring arid scraping, President Eisenhower had almost in hand, to present to the 86th Congress next month, a balanced budget with about $77 billion incoming against about $77 billion outgoing. That effort to balance the budget didn't last long. It created a recession and in response to the recession the last two years of the Eisenhower administration the federal govt spent 20% more than it collected in revenues. Federal debt from 1954-1961 http://tinyurl.com/3nfas8o |
#98
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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10 cheapest BEST cities to live.... and to run a mfr'g bidniss??
" wrote: On Oct 19, 3:55 am, Allen Drake wrote: If you really paid attention you would already know. There is loife without FOX. According to Florida congresswoman Debbie Wasserman Schultz, President Obama is on pace to create more jobs in 2010 than President Bush did in his eight years of office. "A republican President has never , never left the office with a blanced Budget or a surplus.... Never " I do not watch Fox. And do not pay any attention to economic news on TV. Some of the newpapers are much better for in depth stories on the economy. As far as Debbie Schultz..........I hardly consider the Chair of the Democratic National Committee to be a balanced source of news. Do you really think I am stupid enough to believe any congress person is an unbiased source of economic news? 2010 is so last year... -- You can't have a sense of humor, if you have no sense. |
#99
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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10 cheapest BEST cities to live.... and to run a mfr'g bidniss??
jim wrote:
Garlicdude wrote: Allen Drake wrote: "A republican President has never , never left the office with a blanced Budget or a surplus.... Never " In the red and black terms of fiscal policy, it was a dramatic occasion. After a paring arid scraping, President Eisenhower had almost in hand, to present to the 86th Congress next month, a balanced budget with about $77 billion incoming against about $77 billion outgoing. That effort to balance the budget didn't last long. It created a recession and in response to the recession the last two years of the Eisenhower administration the federal govt spent 20% more than it collected in revenues. Federal debt from 1954-1961 http://tinyurl.com/3nfas8o True enough, I was 10 or so when that recession started. It was when Detroit started making smaller cars, Valiants, Darts, Falcons, Corvair all started around that time. -- Regards, Steve Saling aka The Garlic Dude © Gilroy, CA The Garlic Capital of The World http://tinyurl.com/2avg58 |
#100
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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10 cheapest BEST cities to live.... and to run a mfr'g bidniss??
jim" "sjedgingN0Sp wrote:
HeyBub wrote: I wouldn't say exactly that. The budget deficit in 2007 was $110 billion. The budget deficit for the year ending Sept 30th was $1.4 trillion. For the entire eight years of the Bush administration, the combined budget deficits were about $800 billion. Obama has quadrupled that amount in only three years. Assuming Obama inherited a mess, he's made it worse. Far worse. Almost impossibly worse. You are assuming the federal budget deficit is a problem. The federal budget is not causing the economic slow down. The fedreal budget deficit is the only thing preventing a full scale depression bigger than the depresion of the 30's. It is private sector mismanagement of credit and debt that has been pushing the US into a depression. The federal deficit is the only thing preventing the depression from happening. This is not theory. This is what you will see as fact when the effort is made to reduce the deficit. Economic collapse. The fact that 15% of workers cannot find suitable employment tells you the federal deficit is now way too small. When Congress makes the deficit smaller then millions more in the US will become out of work. Well, that's the story and the administration is sticking to it. If Congress tries to balance the budget there may be 50% of the workforce unemployed. Inasmuch as the federal payroll has increased 40% since 2007, a rise in the number of drones might not be so bad. It would leave some room for the worker bees to thrive. |
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10 cheapest BEST cities to live.... and to run a mfr'g bidniss??
Garlicdude wrote:
True enough, I was 10 or so when that recession started. It was when Detroit started making smaller cars, Valiants, Darts, Falcons, Corvair all started around that time. Yup. Don't forget the Olds F-85. That was a sweet little car. |
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"Allen Drake" wrote in message ... On Wed, 19 Oct 2011 06:16:03 -0700 (PDT), " wrote: On Oct 19, 3:55 am, Allen Drake wrote: If you really paid attention you would already know. There is loife without FOX. According to Florida congresswoman Debbie Wasserman Schultz, President Obama is on pace to create more jobs in 2010 than President Bush did in his eight years of office. "A republican President has never , never left the office with a blanced Budget or a surplus.... Never " I do not watch Fox. And do not pay any attention to economic news on TV. Some of the newpapers are much better for in depth stories on the economy. As far as Debbie Schultz..........I hardly consider the Chair of the Democratic National Committee to be a balanced source of news. Do you really think I am stupid enough to believe any congress person is an unbiased source of economic news? Dan I expect you will believe whatever you want to believe plain and simple. If you blame the current administration for where the US is now and not the ones that really are to blame then that has because you are simply a fool. http://www.gpoaccess.gov/usbudget/fy11/pdf/hist.pdf "The traditional pattern of running large deficits only in times of war or economic downturns was broken during much of the 1980s. In 1982, large permanent tax cuts were enacted. Moreover, these were accompanied by substantial increases in defense spending. Although reductions were made to nondefense spending, they were not of sufficient size to offset the impact on the deficit. As a result, deficits averaging $206 billion were incurred between 1983 and 1992. These unprecedented peacetime deficits increased debt held by the public from $789 billion in 1981 to $3.0 trillion (48.1 percent of GDP) in 1992. After peaking at $290 billion in 1992, deficits declined each year, dropping to a level of $22 billion in 1997. In 1998, the Nation recorded its first budget surplus ($69.3 billion) since 1969. As a percent of GDP, the budget bottom line went from a deficit of 4.7 percent in 1992 to a surplus of 0.8 percent in 1998, increasing to a 2.4 percent surplus in 2000." |
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10 cheapest BEST cities to live.... and to run a mfr'g bidniss??
"HeyBub" wrote in message ... Inasmuch as the federal payroll has increased 40% since 2007, Total number of employees on the federal payroll is pretty much unchanged : http://www.bls.gov/webapps/legacy/cesbtab1.htm Jan 2007 =2729,000 Sep 2011=2820,000 So I assume you are claiming that average earnings by Federal employees has increased by 40% when from what I gather, for the past several years wages have increased by at most a few percent and more recently they have been frozen altogether. Put another way, where did you get your 40% figure ? (Cites please)... SEE: http://assets.opencrs.com/rpts/94-971_20100120.pdf 2007= 4.5% 2008= 2.3% 2009= 0.9% 2010= 3.4% 2011= not shown, pretty sure they were frozen. a rise in the number of drones might not be so bad. It would leave some room for the worker bees to thrive. A decline in the amount of unsubstantiated information that's constantly parroted about the economic situation would be better IMO |
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10 cheapest BEST cities to live.... and to run a mfr'g bidniss??
Existential Angst wrote:
http://money.msn.com/saving-money/10...5877>1=33026 The first listing, Sandusky, Ohio, gives the articles sources. I'm surprised no Texas cities were listed. We have no State income tax, and median home prices in HOU are about $120k. -- "I don't like to discriminate against terrorists based on nationality. If you declare war on the United States and you want to kill us, We're going to kill you first, period." October 19, 2011 - Ali Soufan (Colbert Report) |
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On Tue, 18 Oct 2011 08:11:20 -0700, Gunner Asch
wrote: On Tue, 18 Oct 2011 03:48:18 -0400, Allen Drake wrote: On Mon, 17 Oct 2011 18:51:59 -0700, Gunner Asch wrote: On Mon, 17 Oct 2011 19:03:24 -0400, Allen Drake wrote: On Mon, 17 Oct 2011 16:06:04 -0400, "Michael A. Terrell" wrote: Allen Drake wrote: I have been a machinist for over 40 years and am still going strong. My post was all about the loss of many of those jobs due to the total failures of the previous administration. So far the only responses I have seen are diversions and denial but facts are facts no matter what happened in the past. The republican administration left this country in the biggest mess since the great depression. No matter how much Clinton lied or anything done by him or anyone the facts will never change. It must suck to be a rightWingNut still defending Bush. I'm an independent and I'm not defending anyone, moron. You are the moron here and are defending the republicans unless you can be specific about what I have posted it inaccurate. Virtually everything you have posted has been lies. Not just inaccuracies..but outright lies. And I keep exposing them as you make them. No one here cares that you are going to be killed in less than a year Yes, this recession was all caused by Obama and the left. This is what makes the right so crazed and hateful. This is what has hurt America. You and your kind. Actually..it was you and YOUR kind that quadrupled the national debt and put our unemployment rate at 27% (U3 + U6) Way to go dud!! The Great Cull will sort you out nicely though. VBG Gunner No fool. It was Obama that killed Bin Laden and now he got Qadaffi along with many others that Bush let go free. Obama is saving the world from your kind of war criminals that will destroy America from within. You right wing loons will do anything to gain power. You and your kind are insane. |
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10 cheapest BEST cities to live.... and to run a mfr'g bidniss??
On Fri, 21 Oct 2011 19:25:09 -0700, "PrecisionmachinisT"
wrote: "Allen Drake" wrote in message .. . On Wed, 19 Oct 2011 06:16:03 -0700 (PDT), " wrote: On Oct 19, 3:55 am, Allen Drake wrote: If you really paid attention you would already know. There is loife without FOX. According to Florida congresswoman Debbie Wasserman Schultz, President Obama is on pace to create more jobs in 2010 than President Bush did in his eight years of office. "A republican President has never , never left the office with a blanced Budget or a surplus.... Never " I do not watch Fox. And do not pay any attention to economic news on TV. Some of the newpapers are much better for in depth stories on the economy. As far as Debbie Schultz..........I hardly consider the Chair of the Democratic National Committee to be a balanced source of news. Do you really think I am stupid enough to believe any congress person is an unbiased source of economic news? Dan I expect you will believe whatever you want to believe plain and simple. If you blame the current administration for where the US is now and not the ones that really are to blame then that has because you are simply a fool. http://www.gpoaccess.gov/usbudget/fy11/pdf/hist.pdf "The traditional pattern of running large deficits only in times of war or economic downturns was broken during much of the 1980s. In 1982, large permanent tax cuts were enacted. Moreover, these were accompanied by substantial increases in defense spending. Although reductions were made to nondefense spending, they were not of sufficient size to offset the impact on the deficit. As a result, deficits averaging $206 billion were incurred between 1983 and 1992. These unprecedented peacetime deficits increased debt held by the public from $789 billion in 1981 to $3.0 trillion (48.1 Reagan. percent of GDP) in 1992. After peaking at $290 billion in 1992, deficits declined each year, dropping to a level of $22 billion in 1997. In 1998, the Nation recorded its first budget surplus ($69.3 billion) since 1969. As a percent of GDP, the budget bottom line went from a deficit of 4.7 percent in 1992 to a surplus Clinton of 0.8 percent in 1998, increasing to a 2.4 percent surplus in 2000." Thank you. |
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10 cheapest BEST cities to live.... and to run a mfr'g bidniss??
On Tue, 18 Oct 2011 18:41:23 -0700 (PDT), "
wrote: On Oct 18, 7:39*pm, Allen Drake wrote: lost millions of jobs. Obama has created millions. If Obama has created millions of jobs, explain how the unemployment is close to 10%. As far as I know, Obama has at best kept a lot of government jobs going for another year, but those jobs will be lost eventually. You are welcome to cite studies that prove Obama has created jobs. Dan Actually...unemployment is actually up around 24-27% The 9.x% number is simply those that are Currently on unemployment insurance. This does NOT count those that have exhaused their 99 weeks, or are working less than 20 hours a week The U3 vrs U6 numbers. So the Obamassiah has done exactly dick with the economy..and in fact...has caused at least 10% higher unemployment..and more than likely...17% or more unemployment. So Mr Drake is lying through his teeth. But then...he IS a leftwinger..so its to be expected. Gunner |
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10 cheapest BEST cities to live.... and to run a mfr'g bidniss??
"Allen Drake" wrote in message ... On Fri, 21 Oct 2011 19:25:09 -0700, "PrecisionmachinisT" wrote: "Allen Drake" wrote in message . .. On Wed, 19 Oct 2011 06:16:03 -0700 (PDT), " wrote: On Oct 19, 3:55 am, Allen Drake wrote: If you really paid attention you would already know. There is loife without FOX. According to Florida congresswoman Debbie Wasserman Schultz, President Obama is on pace to create more jobs in 2010 than President Bush did in his eight years of office. "A republican President has never , never left the office with a blanced Budget or a surplus.... Never " I do not watch Fox. And do not pay any attention to economic news on TV. Some of the newpapers are much better for in depth stories on the economy. As far as Debbie Schultz..........I hardly consider the Chair of the Democratic National Committee to be a balanced source of news. Do you really think I am stupid enough to believe any congress person is an unbiased source of economic news? Dan I expect you will believe whatever you want to believe plain and simple. If you blame the current administration for where the US is now and not the ones that really are to blame then that has because you are simply a fool. http://www.gpoaccess.gov/usbudget/fy11/pdf/hist.pdf "The traditional pattern of running large deficits only in times of war or economic downturns was broken during much of the 1980s. In 1982, large permanent tax cuts were enacted. Moreover, these were accompanied by substantial increases in defense spending. Although reductions were made to nondefense spending, they were not of sufficient size to offset the impact on the deficit. As a result, deficits averaging $206 billion were incurred between 1983 and 1992. These unprecedented peacetime deficits increased debt held by the public from $789 billion in 1981 to $3.0 trillion (48.1 Reagan. percent of GDP) in 1992. After peaking at $290 billion in 1992, deficits declined each year, dropping to a level of $22 billion in 1997. In 1998, the Nation recorded its first budget surplus ($69.3 billion) since 1969. As a percent of GDP, the budget bottom line went from a deficit of 4.7 percent in 1992 to a surplus Clinton of 0.8 percent in 1998, increasing to a 2.4 percent surplus in 2000." Thank you. Your welcome |
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10 cheapest BEST cities to live.... and to run a mfr'g bidniss??
I am creating jobs today, thanks to President Obama.
I have two unemployed guys working for me today, cleaning stuff for sale. i On 2011-10-22, Gunner Asch wrote: On Tue, 18 Oct 2011 18:41:23 -0700 (PDT), " wrote: On Oct 18, 7:39?pm, Allen Drake wrote: lost millions of jobs. Obama has created millions. If Obama has created millions of jobs, explain how the unemployment is close to 10%. As far as I know, Obama has at best kept a lot of government jobs going for another year, but those jobs will be lost eventually. You are welcome to cite studies that prove Obama has created jobs. Dan Actually...unemployment is actually up around 24-27% The 9.x% number is simply those that are Currently on unemployment insurance. This does NOT count those that have exhaused their 99 weeks, or are working less than 20 hours a week The U3 vrs U6 numbers. So the Obamassiah has done exactly dick with the economy..and in fact...has caused at least 10% higher unemployment..and more than likely...17% or more unemployment. So Mr Drake is lying through his teeth. But then...he IS a leftwinger..so its to be expected. Gunner |
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10 cheapest BEST cities to live.... and to run a mfr'g bidniss??
"Gunner Asch" wrote in message ... On Tue, 18 Oct 2011 18:41:23 -0700 (PDT), " wrote: On Oct 18, 7:39 pm, Allen Drake wrote: lost millions of jobs. Obama has created millions. If Obama has created millions of jobs, explain how the unemployment is close to 10%. As far as I know, Obama has at best kept a lot of government jobs going for another year, but those jobs will be lost eventually. You are welcome to cite studies that prove Obama has created jobs. Dan ================================================== ====================== Actually...unemployment is actually up around 24-27% The 9.x% number is simply those that are Currently on unemployment insurance. ================================================== ====================== [reply] sigh This must be the fourth time I've had to correct you on this. U3 includes everyone who has been unemployed for 15 weeks or longer, INCLUDING those who have run out their unemployment insurance but are still looking for jobs. ================================================== ====================== This does NOT count those that have exhaused their 99 weeks, or are working less than 20 hours a week ================================================== ====================== [reply] Yes, it does include those who have exhausted their 99 weeks. Whether those who are working less than 20 hours/week are included depends on whether they're INTENTIONALLY doing so, or if they're looking for a full-time job while working part-time. ================================================== ====================== The U3 vrs U6 numbers. So the Obamassiah has done exactly dick with the economy..and in fact...has caused at least 10% higher unemployment..and more than likely...17% or more unemployment. So Mr Drake is lying through his teeth. But then...he IS a leftwinger..so its to be expected. Gunner ================================================== ====================== [reply] As usual, you don't know what you're talking about. -- Ed Huntress |
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10 cheapest BEST cities to live.... and to run a mfr'g bidniss??
On Sat, 22 Oct 2011 07:52:46 -0700, Gunner Asch
wrote: On Tue, 18 Oct 2011 18:41:23 -0700 (PDT), " wrote: On Oct 18, 7:39*pm, Allen Drake wrote: lost millions of jobs. Obama has created millions. If Obama has created millions of jobs, explain how the unemployment is close to 10%. As far as I know, Obama has at best kept a lot of government jobs going for another year, but those jobs will be lost eventually. You are welcome to cite studies that prove Obama has created jobs. Dan Actually...unemployment is actually up around 24-27% The 9.x% number is simply those that are Currently on unemployment insurance. This does NOT count those that have exhaused their 99 weeks, or are working less than 20 hours a week The U3 vrs U6 numbers. So the Obamassiah has done exactly dick with the economy..and in fact...has caused at least 10% higher unemployment..and more than likely...17% or more unemployment. So Mr Drake is lying through his teeth. But then...he IS a leftwinger..so its to be expected. Gunner The continued dive in the economy is simply fallout from the failure of the previous administration. This is why the right is not serious about winning the WH in 2012 and why they offered up who they did to run against Obama in the first place. Any Dem could have beaten any of your heroes on the right. Just look at who you nut jobs are putting up for sacrifice once again. You are nothing but a joke from start to finish Gumby. You have nothing and never did loser. Must suck to be such a moron like you Gumby. |
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10 cheapest BEST cities to live.... and to run a mfr'g bidniss??
On Sat, 22 Oct 2011 08:51:38 -0400, Allen Drake
wrote: GDP, the budget bottom line went from a deficit of 4.7 percent in 1992 to a surplus Clinton There was NO surplus under Clinton. Sadly true. There was a Projected surplus..but when the dot com implosion hit...it vanished. Now he did have a Smaller debt..but it was still a debt. It should also be noted..he had a Republican Congress to help. Gunner |
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10 cheapest BEST cities to live.... and to run a mfr'g bidniss??
On Sat, 22 Oct 2011 08:21:10 -0400, Allen Drake
wrote: Actually..it was you and YOUR kind that quadrupled the national debt and put our unemployment rate at 27% (U3 + U6) Way to go dud!! The Great Cull will sort you out nicely though. VBG Gunner No fool. It was Obama that killed Bin Laden and now he got Qadaffi along with many others that Bush let go free. Obama is saving the world from your kind of war criminals that will destroy America from within. Really? So thats why we dont see photos of the shooters, because he was getting trigger time? And Qadaffi was executed by his captors after he was wounded by shrap and laying there helpless. Say..it wasnt Obama who pulled off Qads shoes and beat his corpse with them..was it? Given that the military is 80+ percent Conservative...are you claiming that the Obamassiah is actually a Conservative the moment he dresses for battle? Wow dude...some heavy ****! You right wing loons will do anything to gain power. You and your kind are insane. Your posts simply prove beyond any proof you are a fat Napolean declaring the rest of the world...mad. Laugh laugh laugh!!! Gunner |
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10 cheapest BEST cities to live.... and to run a mfr'g bidniss??
On Sat, 22 Oct 2011 10:21:51 -0500, Ignoramus10872
wrote: I am creating jobs today, thanks to President Obama. I have two unemployed guys working for me today, cleaning stuff for sale. So they are part of the U6 numbers. Less than 20 hrs a week. And they were hired as a result of Obamas (and Democrats) destruction of American Manufacturing. Would that be a fair statement? Gunner i On 2011-10-22, Gunner Asch wrote: On Tue, 18 Oct 2011 18:41:23 -0700 (PDT), " wrote: On Oct 18, 7:39?pm, Allen Drake wrote: lost millions of jobs. Obama has created millions. If Obama has created millions of jobs, explain how the unemployment is close to 10%. As far as I know, Obama has at best kept a lot of government jobs going for another year, but those jobs will be lost eventually. You are welcome to cite studies that prove Obama has created jobs. Dan Actually...unemployment is actually up around 24-27% The 9.x% number is simply those that are Currently on unemployment insurance. This does NOT count those that have exhaused their 99 weeks, or are working less than 20 hours a week The U3 vrs U6 numbers. So the Obamassiah has done exactly dick with the economy..and in fact...has caused at least 10% higher unemployment..and more than likely...17% or more unemployment. So Mr Drake is lying through his teeth. But then...he IS a leftwinger..so its to be expected. Gunner |
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10 cheapest BEST cities to live.... and to run a mfr'g bidniss??
On Sat, 22 Oct 2011 11:50:58 -0400, Allen Drake
wrote: The continued dive in the economy is simply fallout from the failure of the previous administration. This is why the right is not serious about winning the WH in 2012 and why they offered up who they did to run against Obama in the first place. Any Dem could have beaten any of your heroes on the right. Just look at who you nut jobs are putting up for sacrifice once again. You are nothing but a joke from start to finish Gumby. You have nothing and never did loser. Must suck to be such a moron like you Gumby. LAUGH LAUGH LAUGH!!! Oh...like the LAST Great Depression??? http://newsroom.ucla.edu/portal/ucla...sion-5409.aspx FDR's policies prolonged Depression by 7 years, UCLA economists calculate By Meg Sullivan August 10, 2004 Two UCLA economists say they have figured out why the Great Depression dragged on for almost 15 years, and they blame a suspect previously thought to be beyond reproach: President Franklin D. Roosevelt. After scrutinizing Roosevelt's record for four years, Harold L. Cole and Lee E. Ohanian conclude in a new study that New Deal policies signed into law 71 years ago thwarted economic recovery for seven long years. "Why the Great Depression lasted so long has always been a great mystery, and because we never really knew the reason, we have always worried whether we would have another 10- to 15-year economic slump," said Ohanian, vice chair of UCLA's Department of Economics. "We found that a relapse isn't likely unless lawmakers gum up a recovery with ill-conceived stimulus policies." In an article in the August issue of the Journal of Political Economy, Ohanian and Cole blame specific anti-competition and pro-labor measures that Roosevelt promoted and signed into law June 16, 1933. "President Roosevelt believed that excessive competition was responsible for the Depression by reducing prices and wages, and by extension reducing employment and demand for goods and services," said Cole, also a UCLA professor of economics. "So he came up with a recovery package that would be unimaginable today, allowing businesses in every industry to collude without the threat of antitrust prosecution and workers to demand salaries about 25 percent above where they ought to have been, given market forces. The economy was poised for a beautiful recovery, but that recovery was stalled by these misguided policies." Using data collected in 1929 by the Conference Board and the Bureau of Labor Statistics, Cole and Ohanian were able to establish average wages and prices across a range of industries just prior to the Depression. By adjusting for annual increases in productivity, they were able to use the 1929 benchmark to figure out what prices and wages would have been during every year of the Depression had Roosevelt's policies not gone into effect. They then compared those figures with actual prices and wages as reflected in the Conference Board data. In the three years following the implementation of Roosevelt's policies, wages in 11 key industries averaged 25 percent higher than they otherwise would have done, the economists calculate. But unemployment was also 25 percent higher than it should have been, given gains in productivity. Meanwhile, prices across 19 industries averaged 23 percent above where they should have been, given the state of the economy. With goods and services that much harder for consumers to afford, demand stalled and the gross national product floundered at 27 percent below where it otherwise might have been. "High wages and high prices in an economic slump run contrary to everything we know about market forces in economic downturns," Ohanian said. "As we've seen in the past several years, salaries and prices fall when unemployment is high. By artificially inflating both, the New Deal policies short-circuited the market's self-correcting forces." The policies were contained in the National Industrial Recovery Act (NIRA), which exempted industries from antitrust prosecution if they agreed to enter into collective bargaining agreements that significantly raised wages. Because protection from antitrust prosecution all but ensured higher prices for goods and services, a wide range of industries took the bait, Cole and Ohanian found. By 1934 more than 500 industries, which accounted for nearly 80 percent of private, non-agricultural employment, had entered into the collective bargaining agreements called for under NIRA. Cole and Ohanian calculate that NIRA and its aftermath account for 60 percent of the weak recovery. Without the policies, they contend that the Depression would have ended in 1936 instead of the year when they believe the slump actually ended: 1943. Roosevelt's role in lifting the nation out of the Great Depression has been so revered that Time magazine readers cited it in 1999 when naming him the 20th century's second-most influential figure. "This is exciting and valuable research," said Robert E. Lucas Jr., the 1995 Nobel Laureate in economics, and the John Dewey Distinguished Service Professor of Economics at the University of Chicago. "The prevention and cure of depressions is a central mission of macroeconomics, and if we can't understand what happened in the 1930s, how can we be sure it won't happen again?" NIRA's role in prolonging the Depression has not been more closely scrutinized because the Supreme Court declared the act unconstitutional within two years of its passage. "Historians have assumed that the policies didn't have an impact because they were too short-lived, but the proof is in the pudding," Ohanian said. "We show that they really did artificially inflate wages and prices." Even after being deemed unconstitutional, Roosevelt's anti-competition policies persisted — albeit under a different guise, the scholars found. Ohanian and Cole painstakingly documented the extent to which the Roosevelt administration looked the other way as industries once protected by NIRA continued to engage in price-fixing practices for four more years. The number of antitrust cases brought by the Department of Justice fell from an average of 12.5 cases per year during the 1920s to an average of 6.5 cases per year from 1935 to 1938, the scholars found. Collusion had become so widespread that one Department of Interior official complained of receiving identical bids from a protected industry (steel) on 257 different occasions between mid-1935 and mid-1936. The bids were not only identical but also 50 percent higher than foreign steel prices. Without competition, wholesale prices remained inflated, averaging 14 percent higher than they would have been without the troublesome practices, the UCLA economists calculate. NIRA's labor provisions, meanwhile, were strengthened in the National Relations Act, signed into law in 1935. As union membership doubled, so did labor's bargaining power, rising from 14 million strike days in 1936 to about 28 million in 1937. By 1939 wages in protected industries remained 24 percent to 33 percent above where they should have been, based on 1929 figures, Cole and Ohanian calculate. Unemployment persisted. By 1939 the U.S. unemployment rate was 17.2 percent, down somewhat from its 1933 peak of 24.9 percent but still remarkably high. By comparison, in May 2003, the unemployment rate of 6.1 percent was the highest in nine years. Recovery came only after the Department of Justice dramatically stepped up enforcement of antitrust cases nearly four-fold and organized labor suffered a string of setbacks, the economists found. "The fact that the Depression dragged on for years convinced generations of economists and policy-makers that capitalism could not be trusted to recover from depressions and that significant government intervention was required to achieve good outcomes," Cole said. "Ironically, our work shows that the recovery would have been very rapid had the government not intervened." It should be noted..that UCLA...University of California Los Angeles..is hardly a Rightwing think thank...but a Leftwing one.... Gunner |
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In article ,
Gunner Asch wrote: On Sat, 22 Oct 2011 08:51:38 -0400, Allen Drake wrote: GDP, the budget bottom line went from a deficit of 4.7 percent in 1992 to a surplus Clinton There was NO surplus under Clinton. Sadly true. There was, but it was largely accounting. The extra money brought in by the Social Security "Surplus" was counted as revenue. This was despite the fact that the only place, by law, it could go was into Treasury Securities. So, the current accounts surplus was largely related to taking a long-term liability (those SS-surplus Treasuries) and counting it as a short-term asset. When you back those out, you are again in deficit. In fairness to Mr. C, this wasn't anything he cooked up, that bookkeeping system had been the same since the 80s. Also, the surplus topped out and was back into deficit even with the creative bookkeeping by before GW's first budget. -- People thought cybersex was a safe alternative, until patients started presenting with sexually acquired carpal tunnel syndrome.-Howard Berkowitz |
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10 cheapest BEST cities to live.... and to run a mfr'g bidniss??
On Sat, 22 Oct 2011 09:10:40 -0700, Gunner Asch
wrote: On Sat, 22 Oct 2011 08:21:10 -0400, Allen Drake wrote: Actually..it was you and YOUR kind that quadrupled the national debt and put our unemployment rate at 27% (U3 + U6) Way to go dud!! The Great Cull will sort you out nicely though. VBG Gunner No fool. It was Obama that killed Bin Laden and now he got Qadaffi along with many others that Bush let go free. Obama is saving the world from your kind of war criminals that will destroy America from within. Really? So thats why we dont see photos of the shooters, because he was getting trigger time? And Qadaffi was executed by his captors after he was wounded by shrap and laying there helpless. Say..it wasnt Obama who pulled off Qads shoes and beat his corpse with them..was it? Given that the military is 80+ percent Conservative...are you claiming that the Obamassiah is actually a Conservative the moment he dresses for battle? Wow dude...some heavy ****! You right wing loons will do anything to gain power. You and your kind are insane. Your posts simply prove beyond any proof you are a fat Napolean declaring the rest of the world...mad. Laugh laugh laugh!!! Gunner Compared to Bush the war lying war criminal Obama is a hero. You tards had your chance to shine and you tuned it into a **** storm. Bush is scared to show his chimpafide face. Most likely drunk on his ass as usual or snorting coke. The world knows what a loser you righttards are. You have nothing again as usual Gumby but we all know that also. Must really suck to be one of the last Bush worshipers. |
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10 cheapest BEST cities to live.... and to run a mfr'g bidniss??
On Sat, 22 Oct 2011 09:10:39 -0700, Gunner Asch
wrote: On Sat, 22 Oct 2011 08:51:38 -0400, Allen Drake wrote: GDP, the budget bottom line went from a deficit of 4.7 percent in 1992 to a surplus Clinton There was NO surplus under Clinton. Sadly true. There was a Projected surplus..but when the dot com implosion hit...it vanished. Now he did have a Smaller debt..but it was still a debt. It should also be noted..he had a Republican Congress to help. Gunner Everyone knows Clinton did what no republican could ever do. Bush squandered everything and turned the economy upside down. Clinton created jobs and Bush lost everything. You can fool yourself but you will never be able to change the facts. Clinton is still the "President of the World" and Bush will always be a hated war criminal. Must really suck to be you Gumby. |
#119
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10 cheapest BEST cities to live.... and to run a mfr'g bidniss??
On Sat, 22 Oct 2011 09:10:40 -0700, Gunner Asch
wrote: On Sat, 22 Oct 2011 10:21:51 -0500, Ignoramus10872 wrote: I am creating jobs today, thanks to President Obama. I have two unemployed guys working for me today, cleaning stuff for sale. So they are part of the U6 numbers. Less than 20 hrs a week. And they were hired as a result of Obamas (and Democrats) destruction of American Manufacturing. Would that be a fair statement? Gunner i On 2011-10-22, Gunner Asch wrote: On Tue, 18 Oct 2011 18:41:23 -0700 (PDT), " wrote: On Oct 18, 7:39?pm, Allen Drake wrote: lost millions of jobs. Obama has created millions. If Obama has created millions of jobs, explain how the unemployment is close to 10%. As far as I know, Obama has at best kept a lot of government jobs going for another year, but those jobs will be lost eventually. You are welcome to cite studies that prove Obama has created jobs. Dan Actually...unemployment is actually up around 24-27% The 9.x% number is simply those that are Currently on unemployment insurance. This does NOT count those that have exhaused their 99 weeks, or are working less than 20 hours a week The U3 vrs U6 numbers. So the Obamassiah has done exactly dick with the economy..and in fact...has caused at least 10% higher unemployment..and more than likely...17% or more unemployment. So Mr Drake is lying through his teeth. But then...he IS a leftwinger..so its to be expected. Gunner Talk is cheap like you but you have nothing to backup your lies like every other winger. No facts. NOTHING. |
#120
Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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10 cheapest BEST cities to live.... and to run a mfr'g bidniss??
On Sat, 22 Oct 2011 09:11:49 -0700, Gunner Asch
wrote: On Sat, 22 Oct 2011 11:50:58 -0400, Allen Drake wrote: The continued dive in the economy is simply fallout from the failure of the previous administration. This is why the right is not serious about winning the WH in 2012 and why they offered up who they did to run against Obama in the first place. Any Dem could have beaten any of your heroes on the right. Just look at who you nut jobs are putting up for sacrifice once again. You are nothing but a joke from start to finish Gumby. You have nothing and never did loser. Must suck to be such a moron like you Gumby. LAUGH LAUGH LAUGH!!! Oh...like the LAST Great Depression??? http://newsroom.ucla.edu/portal/ucla...sion-5409.aspx FDR's policies prolonged Depression by 7 years, UCLA economists calculate By Meg Sullivan August 10, 2004 Two UCLA economists say they have figured out why the Great Depression dragged on for almost 15 years, and they blame a suspect previously thought to be beyond reproach: President Franklin D. Roosevelt. After scrutinizing Roosevelt's record for four years, Harold L. Cole and Lee E. Ohanian conclude in a new study that New Deal policies signed into law 71 years ago thwarted economic recovery for seven long years. "Why the Great Depression lasted so long has always been a great mystery, and because we never really knew the reason, we have always worried whether we would have another 10- to 15-year economic slump," said Ohanian, vice chair of UCLA's Department of Economics. "We found that a relapse isn't likely unless lawmakers gum up a recovery with ill-conceived stimulus policies." In an article in the August issue of the Journal of Political Economy, Ohanian and Cole blame specific anti-competition and pro-labor measures that Roosevelt promoted and signed into law June 16, 1933. "President Roosevelt believed that excessive competition was responsible for the Depression by reducing prices and wages, and by extension reducing employment and demand for goods and services," said Cole, also a UCLA professor of economics. "So he came up with a recovery package that would be unimaginable today, allowing businesses in every industry to collude without the threat of antitrust prosecution and workers to demand salaries about 25 percent above where they ought to have been, given market forces. The economy was poised for a beautiful recovery, but that recovery was stalled by these misguided policies." Using data collected in 1929 by the Conference Board and the Bureau of Labor Statistics, Cole and Ohanian were able to establish average wages and prices across a range of industries just prior to the Depression. By adjusting for annual increases in productivity, they were able to use the 1929 benchmark to figure out what prices and wages would have been during every year of the Depression had Roosevelt's policies not gone into effect. They then compared those figures with actual prices and wages as reflected in the Conference Board data. In the three years following the implementation of Roosevelt's policies, wages in 11 key industries averaged 25 percent higher than they otherwise would have done, the economists calculate. But unemployment was also 25 percent higher than it should have been, given gains in productivity. Meanwhile, prices across 19 industries averaged 23 percent above where they should have been, given the state of the economy. With goods and services that much harder for consumers to afford, demand stalled and the gross national product floundered at 27 percent below where it otherwise might have been. "High wages and high prices in an economic slump run contrary to everything we know about market forces in economic downturns," Ohanian said. "As we've seen in the past several years, salaries and prices fall when unemployment is high. By artificially inflating both, the New Deal policies short-circuited the market's self-correcting forces." The policies were contained in the National Industrial Recovery Act (NIRA), which exempted industries from antitrust prosecution if they agreed to enter into collective bargaining agreements that significantly raised wages. Because protection from antitrust prosecution all but ensured higher prices for goods and services, a wide range of industries took the bait, Cole and Ohanian found. By 1934 more than 500 industries, which accounted for nearly 80 percent of private, non-agricultural employment, had entered into the collective bargaining agreements called for under NIRA. Cole and Ohanian calculate that NIRA and its aftermath account for 60 percent of the weak recovery. Without the policies, they contend that the Depression would have ended in 1936 instead of the year when they believe the slump actually ended: 1943. Roosevelt's role in lifting the nation out of the Great Depression has been so revered that Time magazine readers cited it in 1999 when naming him the 20th century's second-most influential figure. "This is exciting and valuable research," said Robert E. Lucas Jr., the 1995 Nobel Laureate in economics, and the John Dewey Distinguished Service Professor of Economics at the University of Chicago. "The prevention and cure of depressions is a central mission of macroeconomics, and if we can't understand what happened in the 1930s, how can we be sure it won't happen again?" NIRA's role in prolonging the Depression has not been more closely scrutinized because the Supreme Court declared the act unconstitutional within two years of its passage. "Historians have assumed that the policies didn't have an impact because they were too short-lived, but the proof is in the pudding," Ohanian said. "We show that they really did artificially inflate wages and prices." Even after being deemed unconstitutional, Roosevelt's anti-competition policies persisted — albeit under a different guise, the scholars found. Ohanian and Cole painstakingly documented the extent to which the Roosevelt administration looked the other way as industries once protected by NIRA continued to engage in price-fixing practices for four more years. The number of antitrust cases brought by the Department of Justice fell from an average of 12.5 cases per year during the 1920s to an average of 6.5 cases per year from 1935 to 1938, the scholars found. Collusion had become so widespread that one Department of Interior official complained of receiving identical bids from a protected industry (steel) on 257 different occasions between mid-1935 and mid-1936. The bids were not only identical but also 50 percent higher than foreign steel prices. Without competition, wholesale prices remained inflated, averaging 14 percent higher than they would have been without the troublesome practices, the UCLA economists calculate. NIRA's labor provisions, meanwhile, were strengthened in the National Relations Act, signed into law in 1935. As union membership doubled, so did labor's bargaining power, rising from 14 million strike days in 1936 to about 28 million in 1937. By 1939 wages in protected industries remained 24 percent to 33 percent above where they should have been, based on 1929 figures, Cole and Ohanian calculate. Unemployment persisted. By 1939 the U.S. unemployment rate was 17.2 percent, down somewhat from its 1933 peak of 24.9 percent but still remarkably high. By comparison, in May 2003, the unemployment rate of 6.1 percent was the highest in nine years. Recovery came only after the Department of Justice dramatically stepped up enforcement of antitrust cases nearly four-fold and organized labor suffered a string of setbacks, the economists found. "The fact that the Depression dragged on for years convinced generations of economists and policy-makers that capitalism could not be trusted to recover from depressions and that significant government intervention was required to achieve good outcomes," Cole said. "Ironically, our work shows that the recovery would have been very rapid had the government not intervened." It should be noted..that UCLA...University of California Los Angeles..is hardly a Rightwing think thank...but a Leftwing one.... Gunner So all you can do it ramble on about what happened so far in the past and say nothing about how the right can change anything. Your empty noise is noted. Post here and now what Obama did to make anything worse other then to fight giving more tax breaks to the millionaires. Crickets................. |
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