Where is the US economy headed?

Quoting Okie
Don't forget to mention that those old southern Democrats are now the hard core conservative Republicans who aided and abetted the squatter in the Oval Office on his 8 yr crime spree.

Unless I missed something Robert Byrd is still a member of the Senate and a recognized authority on the Constitution of the U.S.

David Vitter, Republican, liar, prostitute servicing, diaper fetish hypocrite is also still a member of the Senate & probably still into his diaper fetish!! Larry Craig, Republican, who did a tap dance in a bathroom stall was more or less forced to resign from the Senate because of his supposed gayness.

Quoting Okie again

ROTFLMAO! Some more of that accidental honesty! Repugs seem to be the ones caught most often with their pornography! Yep, you learn by observation!!

The rest of that same old blather is not worthy of my time. I would think that you repugs would get sick of hearing yourself repeat the same old crap over and over and over.

What a bunch of two faced, lying, hypocrites!

Hi Maggs, Long time no see; good to see you here. The biggest problem with conservatives is they memorize one rhetoric quoted by some conservative rag or FOX, and don't let other facts enter their grey matter. This is repeated ad nauseam on many topics including Iraq, the economy, George W Bush performance during the past eight years, the Constitution and Bill of Rights, and creationism vs evolution. The conservatives still believes Bush has performed well even as our economy (and the worlds') tanks to depression levels, most have lost a good portion of their retirement savings, the Iraq war is now in its sixth year without any exit strategy (and being left for Obama to solve), people by the hundreds of thousands lose their jobs and homes, and nobody knows when we'll see any improvement in our lives.

Bush and McCain: "Our economy is fundamentally strong." Stated just a few months before the bottom fell out.

Craig and others, they are gone, Maggie. Not so with Dems, Clinton is the party's hero, and Hillary flying high in the cabinet now, the same old gal that made a hundred grand political favor on a cattle deal. Jefferson, had to vote him out, your party would not kick him out. Now we have a Treasury guy that pays no taxes, thats just great, Maggie. And old Gerry Studds, he was given a standing O, and don't forget Barney, a prostitution ring out of his home, the same guy that said no problem at Fannie and Freddie, everything is just fine.

c.i. wrote :



i remember the answer a P.R. firm gave in an interview right after the first inauguration of president bush .
when questioned about "the truth in P.R. " the spokesperson said :
" the most important part in P.R. is to keep repeating the message - one should not be too hung up about the truth . as long as the message is repeated often and strongly , people tend to believe it - and that's what P.R. is all about " .
imo that's what is practiced by all by the P.R. firms for all parties and corporations - thay have to "convince" the people of the message - no matter what the facts are .
it's always been that way and likely will continue that way .
it's been my experiance that people want an "uplifting and hopeful " message - whether from a politician or a company peddling "guaranteed weight loss" schemes .
(the truth often hurts too much - better to sugarcoat or even ignore it .)
enough for a cold morning .
hbg

ps. much like a lawyer , a P.R. firm is not hired to find the truth but to serve the client .

hbg, Excellent perception and analysis of how governments and companies work to brainwash people's brain into thinking only one way irregardless of the facts. That's the reason many Americans still believe Saddam had something to do with 9-11. Facts only gets in the way; conservatives still believe Bush was a good president even when two-thirds of Americans and the world population think otherwise.

Some people live in the comfort of their ignorance.

Poor Okie,
No sooner had Cicerone posted regarding the pathetic repeats of so much gibberish than you pop in one of your own, complete with brazen lies. Do you really still think after all the times we Liberals have told you to go fly a kite, that we are going to suddenly believe your poppycock?

Craig is gone.......... Diaper fetish, prostitute servicing Vitter remains.
The Treasury guys pays taxes you liar, he underpaid. I suspect that he's been watching the republicans doing it and maybe figured that he could do it too OR it might be an honest mistake like he said. In any case it's peanuts compared to the missing money that king george and his court of goons have disappeared..... Bet if anyone checks Bush's, Cheney's, Rumsfeld and a bunch more of their friends they could find all those missing billions residing in their off shore bank accounts.

Let's see you try that.

My wife and I have been charged with underpaying our taxes too!~ I guess that makes me ineligible to become the next treasurer of the US. LOL

Yes, if it was intentional or due to dumbness, ci. I think it was common knowledge about IMF and the tax ramifications, no excuse in my opinion, none. I am not advocating hang the guy, but I don't think we need him for Treasury secretary. Any nitwit should have known. And surely he is not the only person in the entire country that is qualified. If he is, its over anyway.

But I forget that since it is now a Democratic administration, corruption or stupidity are no longer issues. My apologies.

Geithner seems like the candidate that even the GOP seems to favor. You seem to think you have better info than them. You say there are other candidates better qualified; please name some of them.

I've noticed that, ci, and I even heard Romney endorse him pending a favorable finding on him somehow overlooking this, but on this I part ways with the Republicans. I have done my own taxes for years, and I pay estimated tax, self employment tax, etc., and I have a ver difficult time believing that such a smart man could not have known the situation he was in regarding his employment and tax status. Even if it was dumbness instead of fraud, I think the dumbness should knock him out of the job, that is inexcusable for a treasury secretary. Now, I have heard this guy is so good, so knowledgable, that we can't do without him, well, that is ridiculous on its face. If we can't find one more single individual that can do this job, that did pay his taxes, I would say we are a pretty sad lot, ci.

okie, I'm sure you are perfect in every way; most of us other humans have weaknesses and makes all kinds of mistakes.

Far from perfect, ci, but I do pay my taxes, and is it too much to ask to have a guy overseeing the IRS to do the same? You guys sure have refined the role of being a bunch of Democrat apologists. It doesn't matter what they do, it doesn't matter anymore. But since the Democratic Party doesn't aspire to anything very high in terms of moral standard, except to play Robin Hood, tax the producers to give to the non-producers, then personal morality only is used against Republicans. Republicans, when corrupt, are guilty and they are hypocrits, but Democrats are only guilty of lapses of memory, sloppiness, or just overlooked something, and of course they are so smart and so valuable to us that we cannot do without them regardless of their personal lapses. If this was Sarah Palin, it would of course matter greatly to you, wouldn't it, ci?

Most of us who make human mistakes also have paid our taxes every year.

If this guy is put in there, I think all self employed people should simply quit paying tax, or declaring any income. It is entirely reasonable, because it is a common mistake, an honest mistake, ci. Why should people voluntarily pay taxes if the Treasury secretary does not do it until audited? After all, it would be his own stinking tax code that is too complex. And how could the IRS in good conscience ever give any penalties to anyone from this point on, or arrest them for evasion?

And corporations could also quit paying tax, the tax code is too complicated, and after all, how are they supposed to figure it out, besides, people are not perfect, they make mistakes, that according to ci. Can I tell the policeman you said that next time I get stopped for speeding, ci? After all, I am not perfect. I will have him call you so that you can explain it to him, or her. Better yet, I won't pay tax, and if they ask me why, I will have the IRS call you, or Geithner and have you explain that it was an honest mistake, people are not perfect, okay?

okie, It's because there's a thing called ethics, and most people believe in it. There are a few like yourself who don't trust anyone but yourself. I've known many self-employed during my working days, and I have not known of any that didn't pay income taxes.

Regarding our would-be Treas. Sec., I am also troubled by the fact that, while he was heading the NY Fed, Wall Street imploded. I gather he never raised any alarms on the many sleazy things that were taking place there. Raising alarms and taking remedial actions are part the Fed's raison d'etre.

Advocate, You are awfully quick to criticize what the head of the NY Fed "should have done" to prevent all those "sleazy things taking place..."

Admittedly, it was the failure of many government departments who should have seen the impending crisis developing by the loose credit encouraged by the president and his administration, but you are pointing your finger at one of the best candidates our country has for Treasury Secretary.

The Federal Reserves responsibilities are listed below. Explain to us how one head of the federal reserve should have been able to stop the current money crisis?

Current functions of the Federal Reserve System include:[12][14]

1. To address the problem of banking panics
2. To serve as the central bank for the United States
3. To strike a balance between private interests of banks and the centralized responsibility of government
* To supervise and regulate banking institutions
* To protect the credit rights of consumers
4. To manage the nation's money supply through monetary policy to achieve the sometimes conflicting goals of
* maximum employment
* stable prices, including prevention of either inflation or deflation[15]
* moderate long-term interest rates
5. To maintain the stability of the financial system and contain systemic risk in financial markets
6. To provide financial services to depository institutions, the U.S. government, and foreign official institutions, including playing a major role in operating the nation’s payments system
* To facilitate the exchange of payments among regions
* To respond to local liquidity needs
7. To strengthen U.S. standing in the world economy

Have you ever been responsible for anything as big as the federal reserve district?

Same old story ci. It's as if we are all kiddies in a nursery and Matron is to blame. Which is probably true with kiddies.



He might have watched Ocean Finance's ads on telly and said to himself-- "this won't work for long" and campaigned accordingly. And be booed off the political stage of course for his trouble.

You're talking after the event.

The banks etc have a record of the irresponsible borrowers. How about disenfranchising all those on the list? It's the logical conclusion of your ridiculous post. Kiddies shouldn't vote.

Many millions, probably mostly practicing Christians, are not on those lists.

Once rabid consumerism becomes a necessity for full employment it's inevitable. If you are incapable of handling the leisure brought about by increased mechanization where else is there to go. And with increased mechanization of cheap labour overseas you get acceleration.

The Luddites, who you have scoffed at, were right.

As for your list of "current functions" your LOLs are in order. In the Darwinian canon the function of those in the FDS, who are monkeys according to you, is to get at the gravy and use it to provide mating opportunities. Isn't it?

You now have a situation where the irresponsible borrowers can outvote the rest. Ergo--we are fucked.

And it might be possibly managed if you went on your cruises and trips to Tibet and fulfilled your ambition to visit every inch of the planet in discreet silence.

But not only do you boast about it and advertise it and portray the "joys" of it but you have the temerity to suggest that those who don't do it should "get a life."

You are a walking, talking,living, sleeping, one-man-band, inchoate financial crisis.

so spendius gets to decide when we will be allowed to go on holidays - he'll also tell us were we will be allowed to go .

i won't give you any advice , but i'll tell you something :
i have worked for my pension and saved money - and after paying my taxes , i'm going to spend the rest of my money the way i want !!!
and i will have "joys" (multiple) doing it .

i'm not telling other people what they will be allowed to enjoy or buy - but i do ask that they in turn respect my choices.
'nuff said imo .
hbg