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Obambam Doubles up!

This is a discussion on Obambam Doubles up! within the The Political and Social Snake Pit forums, part of the Current Happenings category; LMAO John! Thanks for that vid. Seriously puts things in perspective! Now on to check out the other links. Maybe ...

  1. #11
    NoAngel2u's Avatar
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    LMAO John! Thanks for that vid. Seriously puts things in perspective! Now on to check out the other links. Maybe dinner first. lol
    Quote Originally Posted by skyguy2007 View Post
    Perfect example of the smoke and mirrors budget cuts Obambam is calling for...

    http://www.wimp.com/budgetcuts/
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    I refuse to take responsibility for the provocative and rediculous nature of my posts, because I had no knowledge of nuthin since I just woke up and haven't had my coffee yet, or just got home from work and my brain is fried, or I just don't have any idea why a nice girl like myself would say such a thing! Furthermore, I hereby give up my right to sue myself for damages to my reputation, cause I don't think any less of myself and I know how much I got in the bank!

  2. #12
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    Today is a good day..... must. think. happy. thoughts.
     
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    Quote Originally Posted by NoAngel2u View Post
    They will make cuts to show they are making an effort, but they will not do anything to fix the debt which is attached to our money when it's created. I suppose if folks believe that we are born into sin, then perhaps it's makes sense for our money to be born into debt. lol I heard on the radio earlier that they are considering a $100m DoD cut. Really? That's all they can offer up?
    Yup... and it's people like me and my co-workers salaries that will take that hit.... fuck the white house and their "efforts" to make this country better. All they are doing is fucking over everyone, especially hard working individuals who WORK for this country....
    "For Those That Have Fought For It, Freedom Has A Meaning The Protected Will Never Know"

  3. #13
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    A glimmer of hope?

    The following is the text of an open letter to Federal Reserve Chairman Ben Bernanke signed by several economists, along with investors and political strategists, most of them close to Republicans:

    We believe the Federal Reserve’s large-scale asset purchase plan (so-called “quantitative easing”) should be reconsidered and discontinued. We do not believe such a plan is necessary or advisable under current circumstances. The planned asset purchases risk currency debasement and inflation, and we do not think they will achieve the Fed’s objective of promoting employment.

    We subscribe to your statement in the Washington Post on November 4 that “the Federal Reserve cannot solve all the economy’s problems on its own.” In this case, we think improvements in tax, spending and regulatory policies must take precedence in a national growth program, not further monetary stimulus.

    We disagree with the view that inflation needs to be pushed higher, and worry that another round of asset purchases, with interest rates still near zero over a year into the recovery, will distort financial markets and greatly complicate future Fed efforts to normalize monetary policy.

    The Fed’s purchase program has also met broad opposition from other central banks and we share their concerns that quantitative easing by the Fed is neither warranted nor helpful in addressing either U.S. or global economic problems.

    Cliff Asness
    AQR Capital

    Michael J. Boskin
    Stanford University
    Former Chairman, President’s Council of Economic Advisors (George H.W. Bush Administration)

    Richard X. Bove
    Rochdale Securities

    Charles W. Calomiris
    Columbia University Graduate School of Business

    Jim Chanos
    Kynikos Associates

    John F. Cogan
    Stanford University
    Former Associate Director, U.S. Office of Management and Budget (Reagan Administration)

    Niall Ferguson
    Harvard University
    Author, The Ascent of Money: A Financial History of the World

    Nicole Gelinas
    Manhattan Institute & e21
    Author, After the Fall: Saving Capitalism from Wall Street—and Washington

    James Grant
    Grant’s Interest Rate Observer

    Kevin A. Hassett
    American Enterprise Institute
    Former Senior Economist, Board of Governors of the Federal Reserve

    Roger Hertog
    The Hertog Foundation

    Gregory Hess
    Claremont McKenna College

    Douglas Holtz-Eakin
    Former Director, Congressional Budget Office

    Seth Klarman
    Baupost Group

    William Kristol
    Editor, The Weekly Standard

    David Malpass
    GroPac
    Former Deputy Assistant Treasury Secretary (Reagan Administration)

    Ronald I. McKinnon
    Stanford University

    Dan Senor
    Council on Foreign Relations
    Co-Author, Start-Up Nation: The Story of Israel’s Economic Miracle

    Amity Shlaes
    Council on Foreign Relations
    Author, The Forgotten Man: A New History of the Great Depression

    Paul E. Singer
    Elliott Associates

    John B. Taylor
    Stanford University
    Former Undersecretary of Treasury for International Affairs (George W. Bush Administration)

    Peter J. Wallison
    American Enterprise Institute
    Former Treasury and White House Counsel (Reagan Administration)

    Geoffrey Wood
    Cass Business School at City University London

    A spokeswoman for the Fed responded:

    “As the Chairman has said, the Federal Reserve has Congressionally-mandated objectives to help promote both increased employment and price stability. In light of persistently weak job creation and declining inflation, the Federal Open Market Committee’s recent actions reflect those mandates. The Federal Reserve will regularly review its program in light of incoming information and is prepared to make adjustments as necessary. The Federal Reserve is committed to both parts of its dual mandate and will take all measures to keep inflation low and stable as well as promote growth in employment. In particular, the Fed has made all necessary preparations and is confident that it has the tools to unwind these policies at the appropriate time. The Chairman has also noted that the Federal Reserve does not believe it can solve the economy’s problems on its own. That will take time and the combined efforts of many parties, including the central bank, Congress, the administration, regulators, and the private sector.”

    http://blogs.wsj.com/economics/2010/...-ben-bernanke/

    Things are gonna get interesting...
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    I refuse to take responsibility for the provocative and rediculous nature of my posts, because I had no knowledge of nuthin since I just woke up and haven't had my coffee yet, or just got home from work and my brain is fried, or I just don't have any idea why a nice girl like myself would say such a thing! Furthermore, I hereby give up my right to sue myself for damages to my reputation, cause I don't think any less of myself and I know how much I got in the bank!

  4. #14
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    nice little you tube video using extra normal

    Last edited by bluffmanxx; 11-15-2010 at 05:52 PM.
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    Is this what you're trying to put up?
    Disclaimer
    I refuse to take responsibility for the provocative and rediculous nature of my posts, because I had no knowledge of nuthin since I just woke up and haven't had my coffee yet, or just got home from work and my brain is fried, or I just don't have any idea why a nice girl like myself would say such a thing! Furthermore, I hereby give up my right to sue myself for damages to my reputation, cause I don't think any less of myself and I know how much I got in the bank!

  6. #16
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    LMAO "The Ben Bernanke" Thanks for the vid. LMFAO "The plumber is smarter than the Ben Bernanke" lmfao "you must me shitting me" omg I needed that
    Disclaimer
    I refuse to take responsibility for the provocative and rediculous nature of my posts, because I had no knowledge of nuthin since I just woke up and haven't had my coffee yet, or just got home from work and my brain is fried, or I just don't have any idea why a nice girl like myself would say such a thing! Furthermore, I hereby give up my right to sue myself for damages to my reputation, cause I don't think any less of myself and I know how much I got in the bank!

  7. #17
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    LMFAO "Is this an episode of the twilight zone"
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    I refuse to take responsibility for the provocative and rediculous nature of my posts, because I had no knowledge of nuthin since I just woke up and haven't had my coffee yet, or just got home from work and my brain is fried, or I just don't have any idea why a nice girl like myself would say such a thing! Furthermore, I hereby give up my right to sue myself for damages to my reputation, cause I don't think any less of myself and I know how much I got in the bank!

  8. #18
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    i'm with you, i find many of these extranormal videos to be quite amusing!!
    what matters most in life is honesty. it's never wrong to do the right thing.

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  9. #19
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    extraNORMAL????? ain't nothing normal about those vids...lol

  10. #20
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    lolololol
     
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    yeah that's what they mean by extra

    extraterrestrial
    extraordinary
    etc
    Last edited by Ezzz; Today at 06:50 AM.

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