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Comments Posted By texliberal

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Time Out for O/T – Vol. 16

Khirad..Oh never mind thought it said bang a bong. BTW you ever been to Bangkok? I was there in ’70 on R&R. Holy Cow. Not the kinda place they should let a 20 year old go. 🙂 🙂 🙂

» Posted By texliberal On August 5, 2011 @ 6:22 pm

WTS, WOW no kidding. I’d have voted for Farrah Fawcett in ’76 just for the State of the Unions

» Posted By texliberal On August 4, 2011 @ 10:51 pm

bito, this is all academic my friend as I intend on winning the lottery any day now. 🙂

» Posted By texliberal On August 4, 2011 @ 10:41 pm

bito, did I say we can’t do anything? Read my new post

» Posted By texliberal On August 4, 2011 @ 10:18 pm

DAY TRADERS the scourge of the Western World

» Posted By texliberal On August 4, 2011 @ 10:16 pm

Infrastructure jobs are a great start but we have to start thinking long term. Countries like India, Brazil and China are going to pass us by if we don’t develop long term strategies, Strategies that include revisions in the tax code and trade arrangements. It’s astonishing to realize one of our major exports is now scarp cardboard. First world countries import raw materials and export goods, third world countries the opposite. Sooner or later the debt on interest on Treasury Securities will have to be paid and the more we hesitate the more investors will too. Politicians have been raiding the SS Trust Fund for years by selling it, you guessed it Treasury Securities. The following is a graph that emphasizes part of my contention.

http://www.census.gov/indicator/www/ustrade.html

» Posted By texliberal On August 4, 2011 @ 10:14 pm

bito, I swear man you’re living in an Norman Rockwell painting. Until we achieve permanent solutions not bumps we’ll be doing this again in the not too distant future. And sooner or later we have to pay the interest on Treasury Bonds.

» Posted By texliberal On August 4, 2011 @ 9:57 pm

bito, bito, people working at what? Mark my word those Bonds already out there will have to be rolled over. Infrastructure jobs may cause a bump but without a major revision in the Tax Code and disincentive for corporations to ship jobs overseas it will only be temporary.

» Posted By texliberal On August 4, 2011 @ 9:25 pm

Cher, we’ve digressed into clans and tribes with each believing what it wants to believe.

» Posted By texliberal On August 4, 2011 @ 9:21 pm

Choice, that’s gonna take a major publicity campaign, decoupling the 98% from the 2% in the Bush tax cuts. Most people are clueless to the fact that a big portion of the Stimulus involved tax cuts for the bottom 98%.

» Posted By texliberal On August 4, 2011 @ 9:17 pm

bito you’re not listening, if the economy contracts, and despite all the bogus growth claims the last few months I think it has , and unemployment rates surge to double digits, Treasury Securities may be the last refuge for investors but there are still a lot out there including $4.3 trillion owned by the SS Trust Fund. Those will have to be rolled over which in turn could well reduce interest in future purchases.

» Posted By texliberal On August 4, 2011 @ 8:42 pm

Too much up in the air. Super Committee another round of debt ceiling struggles? But your reasoning is sound.

» Posted By texliberal On August 4, 2011 @ 7:43 pm

A voice in the wilderness

» Posted By texliberal On August 4, 2011 @ 7:31 pm

Ya gotta convince someone to buy those Bonds. After the fiasco over the debt ceiling and the pig in a poke we got for a deal investors both foreign and domestic would be hesitant at best.

» Posted By texliberal On August 4, 2011 @ 7:11 pm

Choice, baggers across the country today are looking at their 401K’s and asking, How’d this happen?

» Posted By texliberal On August 4, 2011 @ 4:56 pm

bito. I was being sarcastic, never slash GOVT spending during a slow recovery or recession.

» Posted By texliberal On August 4, 2011 @ 4:40 pm

bito, better idea, let’s slash Govt spending and lower taxes.

» Posted By texliberal On August 4, 2011 @ 4:03 pm

All other crap aside, DOW plunges 500 points today and 1,500 points in two weeks.

» Posted By texliberal On August 4, 2011 @ 3:23 pm

Great debate folks, enjoyed it even though I’m the only one that is right. Think I’ll head on over to HuffPuff while my blood is still up. Until next time thanks 🙂

» Posted By texliberal On August 3, 2011 @ 9:23 pm

One thing we can all agree on whether you’re an Obama cultist or Obama basher or anywhere in between, until there is true campaign finance reform it’s gonna be same old, same old. Wait until the money starts flowing into the insanity that is the Super Committee.

» Posted By texliberal On August 3, 2011 @ 9:20 pm

bito, where does Obama get his money? Wall Street, the banks? OF COURSE he’s got a money backed agenda, Simpson that is, but as long as there is no true campaign finance reform all politicians will.

» Posted By texliberal On August 3, 2011 @ 9:15 pm

AL I know all about those things but you have to take what you can from SOME of the things he said and run with them. By the way you wanna tell me what was Progressive about the debt ceiling agreement?

» Posted By texliberal On August 3, 2011 @ 9:00 pm

Choice listen to the whole thing. He called out Norquist and the loopholes for the rich in the tax code and Boehner’s wanting to stack the Super Committee with ideologues . Got to listen to it all.

» Posted By texliberal On August 3, 2011 @ 8:57 pm

AL. he had both Houses of Congress for two years. Should have pushed for a budget in 2009 or 10. Should have been more aggressive in the HCR debate pushing single payer. Should have tied extension of Bush tax cuts to debt ceiling in 2010. Sounds like woulda, coulda, shoulda but it’s true. By the way what is your understanding as to what a President does or is supposed to do?

» Posted By texliberal On August 3, 2011 @ 8:53 pm

Anyone see Alan Simpson on Lawrence O? Usually can’t stand that guy but he made some pretty valid points about Norquist and the debt ceiling dialogue from the GOPTP. That kind of stuff needs to be coming out of the White House.

» Posted By texliberal On August 3, 2011 @ 8:28 pm

bito, those cable, internet connections can cut both ways. Obama needs to be playing checkers not chess.

» Posted By texliberal On August 3, 2011 @ 8:21 pm

Hey E1943, all political thinking is relative to it’s time but the Vidal/Buckley debates were timeless. They got right to the heart of the issues.

» Posted By texliberal On August 3, 2011 @ 8:18 pm

bito, AL he has the bully pulpit, use it and STOP saying bipartisan bickering as if both sides are equally to blame, they are not. And there actually have been Presidents who have accomplished a great deal with a hostile Congress. Desperate times call for desperate measures not capitulation.

» Posted By texliberal On August 3, 2011 @ 7:57 pm

Of course not, but if Obama doesn’t SOON get this economy moving even a little you could see a Romney/Perry ticket that could win in 2012 and that sir would be a disaster all Pawlenty references aside.:(

» Posted By texliberal On August 3, 2011 @ 7:36 pm

Well well, this must be shoot the messenger night. Yep, Lawrence O has a huge ego and so does KO and Arianna, she’s been through more changes than Madonna but there are a lot of Center Left old goats like me who agree with SOME of what they say. Some of ya might remember the old Gore Vidal, William F Buckley debates, talk about egos, Holy Mackerel. You’d of thought those two were arguing atop Mt Olympus, but they were both pretty smart and something could be learned from both.

» Posted By texliberal On August 3, 2011 @ 7:24 pm