Republican Nomination for President

[n_huffhines]

 

[dreVol]

the trees don't have to be the right height? in the America I love, all the trees are the right height.

 

[DinkinFlicka]

LOL

FDR and Hoover were stewards over the longest depression in history. They followed the exact same game plan and it made the depression last a decade. What they proved is that their policies didn't deliver good results.

No, just no.

While I know this is only a straw man for the comparison to Reagan (again, 3 trillion is no joke), but would you care to elaborate on how A) their policies are similar and B) how does one handle the implosion of capitalism?

 

[n_huffhines]

No, just no.

While I know this is only a straw man for the comparison to Reagan (again, 3 trillion is no joke), but would you care to elaborate on how A) their policies are similar and B) how does one handle the implosion of capitalism?

What? It's a simple case of Laissez faire vs Keynesianism. Obama is Keynesian, and so was FDR. if you don't understand the similarities, I'm not really sure where to start.

The Great Crash of 1920 is a good place. You've never heard of it, because Warren G Harding was laissez faire, and we recovered by year's end.

The secretary of commerce was Herbert Hoover. He did not approve of Harding's policy, even after he saw how well it worked. After the crash of 1929, Hoover implemented unprecedented government activity to reverse the spiraling economy. Things got way worse.

FDR campaigned on the notion that Hoover was a do-nothing president, like Harding. FDR doubled down on Hoover's big government stupidity, and the Great Depression lasted a decade.

Go figure.

 

[lawgator1]

I really don't think Romney can win based on people wanting him to be president. Its all about two things: a) will the base of the GOP hold their collective nose and show up and b) whether, in the swing states, the independents can be convinced that anything is better than Obama.

I don't know a soul voting for Romney because they actually think he'll be a good president.

 

[n_huffhines]

No, just no.

While I know this is only a straw man for the comparison to Reagan (again, 3 trillion is no joke), but would you care to elaborate on how A) their policies are similar and B) how does one handle the implosion of capitalism?

Capitalism has not failed. Croney capitalism has failed. There is not a free market for finance and banking. It's an industry that faces a lot of government meddling. Same with the housing market. That is why these industries are imploding.

 

[lawgator1]

Capitalism has not failed. Croney capitalism has failed. There is not a free market for finance and banking. It's an industry that faces a lot of government meddling. Same with the housing market. That is why these industries are imploding.

That seems to be the popular perception these days. And if so, nominating a guy that makes $20 million a year purely from investment and capital financing and who pays a very low rate due to favorable tax laws enacted by wealth-friendly legislators doesn't seem like a wise choice, then, does it?

 

[MG1968]

That seems to be the popular perception these days. And if so, nominating a guy that makes $20 million a year purely from investment and capital financing and who pays a very low rate due to favorable tax laws enacted by wealth-friendly legislators doesn't seem like a wise choice, then, does it?

as opposed to re-electing a guy who kowtows to two men who's combined net worth is more than some EU countries?

 

[n_huffhines]

That seems to be the popular perception these days. And if so, nominating a guy that makes $20 million a year purely from investment and capital financing and who pays a very low rate due to favorable tax laws enacted by wealth-friendly legislators doesn't seem like a wise choice, then, does it?

Agreed. Neither does re-electing a guy who has proven he'll play ball with Wall Street.

 

[lawgator1]

Agreed. Neither does re-electing a guy who has proven he'll play ball with Wall Street.

They all do, I agree.

Its just that Romney is the Poster Boy for wealth the easy way. And the Poster boy for beneficial tax treatment directly a result of crony capitalism.

 

[n_huffhines]

They all do, I agree.

Its just that Romney is the Poster Boy for wealth the easy way. And the Poster boy for beneficial tax treatment directly a result of crony capitalism.

Well, not all of them. There's a guy campaigning for POTUS right now that doesn't.

Politics is wealth the easy way, IMO. They all make a fortune without creating any value. Even scheisters like Michael Milken created a ton of value. Politicians don't create value, they distribute it. That's wealth the easy way.

 

[GAVol]

They all do, I agree.

Its just that Romney is the Poster Boy for wealth the easy way. And the Poster boy for beneficial tax treatment directly a result of crony capitalism.

You act as if the Wealth Fairy knocked on his door one day and handed him a wad of cash.

 

[DinkinFlicka]

FDR campaigned on the notion that Hoover was a do-nothing president, like Harding. FDR doubled down on Hoover's big government stupidity, and the Great Depression lasted a decade.

Go figure.

As it did in most other countries. I don't credit FDR with getting us out of it, but I don't blame him for keeping us in it either.

 

[DEFENDTHISHOUSE]

And Then There Were Two: Ron Paul and Mitt Romney - YouTube

 

[Mr_Henley]

I don't know a soul voting for Romney because they actually think he'll be a good president.

I voted for McCain in 2008 because he was, In my ignorant opinion, the lesser of two evils.

I've done my homework this time around and cared enough to seek out information: watch debates, find old voting records, etc and I'm being honest when I say they would have to put me in prison (hypothetically) before I vote for Barack Obama or Mitt Romney.

 

[n_huffhines]

As it did in most other countries. I don't credit FDR with getting us out of it, but I don't blame him for keeping us in it either.

Yeah, but he should be blamed for making it much worse.

We exported the depression with the Smoot-Hawley tariff (before FDR, I believe). The reasoning was we could soften the blow if we spread it to the world. We all know that trade makes you wealthier, so this was the worst policy possible.

FDR did some idiotic stuff. He paid farmers to burn crops to drive up produce prices thinking that would help the economy (the reasoning makes no sense whatsoever). Meanwhile Americans are starving. He threw people in jail for charging low prices. He was a joke.

 

[utvolpj]

when I first read this the quote that came to mind was "And you want to be my latex salesman"

Newt Gingrich $4 Million in Debt; Staffers and Creditors Fume - Yahoo! News

Relief can't come soon enough for the Gingrich campaign's anxious creditors. The campaign owes Moby Dick Airways $1.1 million for travel and charter flights.; the Patriot Group, a Virginia security company, $449,502 for helping to protect the candidate; and McKenna, Long and Aldridge, a law firm with offices in Atlanta, $183,658 for legal services, the reports show.

But many of the campaign's creditors are small businesses that say they will suffer major hardship if they are not paid.

 

[n_huffhines]

Newt better write another book.

 

[Vol8188]

Romney is a Private Equity fund manager. Obama is a College Professor. They are different

They may have different backgrounds and skin tones, but that's about it. Of course this all depends on if you get the real Mitt Romney, or if you get the man who tries to play to everything the GOP wants him to be. You would think that after seeing how miserably that worked out for McCain and for Gore as well, that Mitt would actually try to be Mitt for once.

 

[Vol8188]

No, just no.

While I know this is only a straw man for the comparison to Reagan (again, 3 trillion is no joke), but would you care to elaborate on how A) their policies are similar and B) how does one handle the implosion of capitalism?

More impressive than that 3 billion number is the fact that Reagan/Bush over a 12 year span quadrupled the national debt.

 

[DinkinFlicka]

More impressive than that 3 billion number is the fact that Reagan/Bush over a 12 year span quadrupled the national debt.

That's what Iwas saying. It was, what, 700 billion when he took office? And he left it at 3 TRILLION?

 

[hog88]

That seems to be the popular perception these days. And if so, nominating a guy that makes $20 million a year purely from investment and capital financing and who pays a very low rate due to favorable tax laws enacted by wealth-friendly legislators doesn't seem like a wise choice, then, does it?

That's where I'd like to get to, why wouldn't I vote for him. All I hear from BO is if I do get there he want's to take my money.

 

[GAVol]

Newt is even long winded when he quits.

 

[GAVol]

Newt is even long winded when he quits.

"I don't know anybody on his side of the political aisle that can stand him right now." - Shepherd Smith. :lol:

 

[Vol8188]

That's what Iwas saying. It was, what, 700 billion when he took office? And he left it at 3 TRILLION?

I think 1981 is the fair time to start the count. Either way though, to quadruple the national debt is pretty hard core.

09/30/1981 * 997,855,000,000.00

09/30/1992 4,064,620,655,521.66

Government - Historical Debt Outstanding - Annual 1950 - 1999