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## Happy Birthday Mr. President

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tzor
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### Happy Birthday Mr. President

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Post by tzor » Thu Aug 04, 2011 8:47 pm

In honor of the POTUS's 50th birthday, Irony was delighted to give the president exactly what he deserves (but not the rest of us) ... a stock market crash!
MARKETS OBLITERATED, DOW DOWN 512, EVERYONE FREAKING OUT
And Tomorrow Should Be Epic Too
Happy Birthday, Mr. President.
Meanwhile, remember that increase in that debt ceiling? Well you can't waste a good opportunity can you? Report: U.S. Spends 60 Percent Of Debt-Ceiling Increase In One Day

> Tuesday's massive increase also put the national debt above 100 percent of GDP. The new national debt of $14.53 trillion elbowed past the nation's $14.3 trillion economy.

> Aside from holding the 1st and 2nd place records for single-day increases in the naitonal debt, the Obama Administration holds others records as well, The New American reported in February.
> The Obama Administration broke the monthly record for the budget deficit. Expenditures exceeded revenues by $223 billion. That same month, the government added $63.7 billion to the national debt.
> As well, The New American reported, quoting CNSNews.com, such is this administration's profligacy that it increased the average debt per American household by $30,000 in its first two years of control of the purse strings. Debt per household is now more than $125,000.
> Citing The Economic Collapse website, The New American has also reported that the national debt cannot be paid off because it exceeds the value of all assets in the United States.
> Beyond the $14.5 trillion national debt, American taxpayers face even more trouble as its population ages. According to the debt clock, the United States must reckon a way to pay for nearly $115 trillion in unfunded liabilities. That liability for Social Security is $15.2 trillion; for the prescription drug benefit, $20 trillion. The unfunded liability for Medicare is $79.7 trillion.
> That is more than $1 million per taxpayer. The debt clock puts the per capita debt at $46,719. Per taxpayer, the debt is $130,262.
> Another $500 billion increase in the debt ceiling is due in the fall.

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sabs
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Post by sabs » Thu Aug 04, 2011 9:01 pm

The DOW is a giant joke, it's a casino where assholes go to seperate hardworking people from their money. The DOW basically crashes on good news, and sky rockets on natural disaster, and holocausts.
The world would probably be a better place if the Stock Market stopped existing in it's current form.
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Juton
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Post by Juton » Thu Aug 04, 2011 9:26 pm

Why post this Tzor, you know that everyone is just going to nitpick you about what you present. Why not make this type of post on a board like the Free Republic, are you just a troll? PR is a troll, he can at least be funny some times, this is just sad old man acting out for attention.
Oh thank God, finally a thread about how Fighters in D&D suck. This was a long time coming. - Schwarzkopf
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CatharzGodfoot
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Post by CatharzGodfoot » Thu Aug 04, 2011 9:34 pm

> Juton wrote:Why post this Tzor, you know that everyone is just going to nitpick you about what you present. Why not make this type of post on a board like the Free Republic, are you just a troll? PR is a troll, he can at least be funny some times, this is just sad old man acting out for attention.

And look who's giving it to him...
The law in its majestic equality forbids the rich as well as the poor from stealing bread, begging and sleeping under bridges.
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Mount Flamethrower on rear
Drive in reverse
Win Game.
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PhoneLobster
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Post by PhoneLobster » Thu Aug 04, 2011 10:27 pm

Er Tzor. Do you live in a reality where the debt ceiling result isn't almost pure Republican dream policy?
I mean sure Obama didn't fight it, he signed on to it. I will even go so far as to say he quietly pushed for it only a little less hard than the Republicans themselves.
But precisely how you feel comfortable about highlighting the results of your own favored policies which were predicted by prominent economists that you believe are wrong about everything is utterly beyond me.
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Psychic Robot
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Post by Psychic Robot » Thu Aug 04, 2011 11:29 pm

tzor you suck

> Count Arioch wrote:I'm not sure how discussions on whether PR is a terrible person or not is on-topic.

> Ant wrote:

> > Chamomile wrote:Ant, what do we do about Psychic Robot?

> You do not seem to do anything.

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Morzas
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Post by Morzas » Fri Aug 05, 2011 12:00 am

> Psychic Robot wrote:tzor you suck

David Hill, David A. Hill, Shadowrun
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Count Arioch the 28th
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Post by Count Arioch the 28th » Fri Aug 05, 2011 12:26 am

> Juton wrote:Why post this Tzor, you know that everyone is just going to nitpick you about what you present. Why not make this type of post on a board like the Free Republic, are you just a troll? PR is a troll, he can at least be funny some times, this is just sad old man acting out for attention.

He wants us to know what very bad people we are.
In this moment, I am Ur-phoric. Not because of any phony god’s blessing. But because, I am enlightened by my int score.
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DSMatticus
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Post by DSMatticus » Fri Aug 05, 2011 4:52 am

Republicans get what they want. Economy tanks. Tzor blames Obama with a straight face. And no one at all was surprised.

> Psychic Robot wrote:tzor you suck

Thirded.
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Zinegata
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Post by Zinegata » Fri Aug 05, 2011 5:10 am

I don't think that Obama's policies had any serious chance of working given the way they were implemented, but even I am loathe to put the blame on the Wall Street fat cats panicking over the completed debt deal on Obama.
I put the blame on the Wall Street fat cats instead.
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Psychic Robot
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Post by Psychic Robot » Fri Aug 05, 2011 5:11 am

> Republicans get what they want. Economy tanks. Tzor blames Obama with a straight face. And no one at all was surprised.

honestly it's not solely republicans' fault. despite their momentous fuckups and my hatred for the party itself, the housing bubble was a long time in making and, like most clusterfucks, was a bipartisan effort. I'm guessing you're younger than I am which means you're still in your idealistic liberal phase, hopefully it will pass and you'll be able to see how fucked up both parties are
overall though tzor is just an embarrassment, but what do you expect from a baby boomer, his entire generation is the cancer that killed the american dream
Last edited by Psychic Robot on Fri Aug 05, 2011 5:12 am, edited 1 time in total.

> Count Arioch wrote:I'm not sure how discussions on whether PR is a terrible person or not is on-topic.

> Ant wrote:

> > Chamomile wrote:Ant, what do we do about Psychic Robot?

> You do not seem to do anything.

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DSMatticus
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  Joined: Thu Apr 14, 2011 5:32 am

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Post by DSMatticus » Fri Aug 05, 2011 6:22 am

> PR wrote:the housing bubble was a long time in making and, like most clusterfucks, was a bipartisan effort.

I don't see it; Republicans shout regulation is socialist, and demand it be abolished. Democrats say, "b-b-but I don't think that's a good idea," Republicans say, "shut up, nerds," and then Fox News gives the Democrats a wedgie. Deregulation/nonregulation/non-accountability happens, housing bubble ensues. If you count Democratic incompetence as participance, I suppose it's bipartisan.

> PR wrote:I'm guessing you're younger than I am which means you're still in your idealistic liberal phase

The next time you're jerking it to the founding fathers, I want you to reflect back on this statement with the appropriate sense of irony.
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Psychic Robot
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Post by Psychic Robot » Fri Aug 05, 2011 6:44 am

> I don't see it; Republicans shout regulation is socialist, and demand it be abolished. Democrats say, "b-b-but I don't think that's a good idea," Republicans say, "shut up, nerds," and then Fox News gives the Democrats a wedgie. Deregulation/nonregulation/non-accountability happens, housing bubble ensues. If you count Democratic incompetence as participance, I suppose it's bipartisan.

perhaps you have heard of the glass-steagall act, maybe you should see who voted to repeal it. then when you're done with that you can explain how freddie mac and fannie mae are conservative institutions. then you can discuss how the bush administration wanted increased oversight on freddie/fannie. and then when you finally get to it, you can mention how obama continued the government bailouts.

> Count Arioch wrote:I'm not sure how discussions on whether PR is a terrible person or not is on-topic.

> Ant wrote:

> > Chamomile wrote:Ant, what do we do about Psychic Robot?

> You do not seem to do anything.

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DSMatticus
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Post by DSMatticus » Fri Aug 05, 2011 3:56 pm

Bush Jr: "Economies gotta fluctuate, leave it be," then pumps more government money into housing.
Glass-Steagall Act: Proposed by a Republican, passed in a Republican-controlled senate with a vote almost along party lines, passed in a Republican-controlled house with nearly all Republican votes and slightly more than half Democratic votes.
Bailouts: Democratic idea was money + restrictions. Republicans threatened to fillibuster anything but 'money.'
I'm not entirely sure why you thought these were supposed to make Democrats sound bad. I know you would have preferred the paleocon proposals, and whether or not those would have worked is a separate discussion, but insofar as comparing Democrats and Republicans it's obvious where the majority of the fuck-ups of the past 20 years are coming from.
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PhoneLobster
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Post by PhoneLobster » Fri Aug 05, 2011 11:32 pm

Very importantly you missed the one where they removed the regulations that prevented financial institutions from trading debts with each other as if they were assets.
That one was a very key element of the seed for this (and future) market crashes, and apparently under Reagan.
Phonelobster's Self Proclaimed Greatest Hits Collection : (no really, they are awesome)
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The world's most definitive Star Wars Saga Edition Review
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Phonelobster's totally legit history of the island of Malta
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Psychic Robot
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Post by Psychic Robot » Fri Aug 05, 2011 11:44 pm

> Bush Jr: "Economies gotta fluctuate, leave it be," then pumps more government money into housing.

still demanded increased oversight, please remove the cock pumping semen into your eyesocket so you can see this

> Glass-Steagall Act: Proposed by a Republican, passed in a Republican-controlled senate with a vote almost along party lines, passed in a Republican-controlled house with nearly all Republican votes and slightly more than half Democratic votes.

and then clinton signed it into law

> Bailouts: Democratic idea was money + restrictions. Republicans threatened to fillibuster anything but 'money.'

gee the democrats sure do make a lot of noise about how they're going to stop those rethuglicans with their bad ideas but then immediately acquiesce to their ideas. almost as if there's a lot of noise and handwaving without a lot of substance. good job in bailing out the banks anyway, even with regulations it's a hahahawerefucked.jpg.
oh by the way let's talk about illegal immigration next time and we can discuss how both parties love mexicans crossing the border.
Last edited by Psychic Robot on Fri Aug 05, 2011 11:54 pm, edited 1 time in total.

> Count Arioch wrote:I'm not sure how discussions on whether PR is a terrible person or not is on-topic.

> Ant wrote:

> > Chamomile wrote:Ant, what do we do about Psychic Robot?

> You do not seem to do anything.

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Count Arioch the 28th
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Post by Count Arioch the 28th » Sat Aug 06, 2011 12:58 am

IT makes the people in power lots and lots of money, what's not to like?
In this moment, I am Ur-phoric. Not because of any phony god’s blessing. But because, I am enlightened by my int score.
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DSMatticus
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Post by DSMatticus » Sat Aug 06, 2011 2:48 am

You're making the Glass-Steagall repeal a lot simpler than it seems. As in, you are completely ignoring the first round of voting. Here's what actually happened:
1) There is a vote in the Senate on a version of the bill, where Republicans vote 53-0, and Democrats vote 1-44, and the bill passes.
2) There is a vote in the House on a version of the bill, where Republicans vote 205-16, and Democrats vote 138-69), and the bill passes. To the Republican's credit, more voted no than I thought. Exactly 2/3rds, or 66.6...% of voting democrats voted yes.
3) Both legislatures stand firm on their version and don't really get around to passing the other sides; in the meantime, the Democrats rightly realize that it can pass practically alone on the Republican votes and once the Republicans get their shit together it will happen. So they move to attach a rider that protects minorities from some types of discrimination (58-131 Republicans, 182-1 Democrats).
4) It gets shoved into a committee to resolve the differences and produce a final version.
5) Republicans, who have the votes to get some version of it passed completely by themself, throw Democrats a bone to avoid any complications; they agree to make the discrimination rider even stronger, and Democrats agree to vote for it, and we get the vote you're talking about. This is Democrats getting something for nothing.
When the Democrats thought they had meaningful ability to oppose, they did so in the Senate. When that failed, they exchanged their nearly meaningless support for a compromise. Welcome to politics.
As for Bush, yes he did call for something. I'm not entirely sure what it's actual effects would have been; that man had the opposite of the Midas Touch. So inbetween pumping money into housing for the first and second times, he proposed something that was at least presumably oversight and it got blocked by congress, in September 2003. So let's look at the 2003 congress, and lo and behold! What a surprise! Republicans had Senate and House majority.

> PR wrote:they're going to stop those rethuglicans with their bad ideas but then immediately acquiesce to their ideas

Stop being retarded and shove your conspiracy theories. Democrats haven't been able to beat a fillibuster (not that anyone has) in a very long time, and Republicans are a party with unrivaled unity and an uncompromising agenda, who are not above burning the economy to get their way, especially if it happens with blue in the white house.
When Democrats had control of the Senate in Obama's early term, shit got done. We averted a total financial meltdown and got some healthcare reform, both of which was neutered by Republicans but was better than nothing. If the things Democrats had actually proposed got passed, it would have been even better. So your assertion that Democrats are all no talk is demonstrably false because that is them fucking doing things.
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Psychic Robot
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Post by Psychic Robot » Sat Aug 06, 2011 5:39 am

quit apologizing for your cadre of limpwrists and cowards, they serve special interests like the republicans, sorry that you're so naive and prejudiced that you try to handwave and make excuses for them constantly. between the two parties in contemporary politics, the democrats are slightly less bad, but that doesn't put them in the clear.

> When Democrats had control of the Senate in Obama's early term, shit got done. We averted a total financial meltdown and got some healthcare reform, both of which was neutered by Republicans but was better than nothing.

keep telling yourself that you worthless cocksucker.

> Count Arioch wrote:I'm not sure how discussions on whether PR is a terrible person or not is on-topic.

> Ant wrote:

> > Chamomile wrote:Ant, what do we do about Psychic Robot?

> You do not seem to do anything.

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sabs
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Post by sabs » Sat Aug 06, 2011 12:05 pm

With 60 of 100 votes, the Democrats couldn't get /anything/ done. It was the most pathetic thing I have ever seen. They let the Republicans philibuster /anyways/ Literllly the Democrats can't do anything unless they have all 100 votes.
And the HEalth Care they did pass? A neocon republican nightmare that basically makes Health Insurance companies stupidly wealthy without actually lowering costs or doing almost anything right.
The one decent thing about it, was the part where everyone was going to be covered, but between the 'exemption' hand outs they're giving everyone, and the lawsuits, basically it's DOA.
Democrats are a bunch of spineless shills. But at least, they're not Republicans.
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Psychic Robot
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Post by Psychic Robot » Sat Aug 06, 2011 4:39 pm

enjoy the waivers to multinationals while small businesses get raped
JUST AS PLANNED RIGHT BARRY
oh and on the plus side, health insurance companies are now being forced to cover birth control without a copay. hahahah obama is such a worthless piece of shit, but you'll all vote for him 2012

> Count Arioch wrote:I'm not sure how discussions on whether PR is a terrible person or not is on-topic.

> Ant wrote:

> > Chamomile wrote:Ant, what do we do about Psychic Robot?

> You do not seem to do anything.

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sabs
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Post by sabs » Sat Aug 06, 2011 5:08 pm

I have nothing against birth control without a copay..
Health insurance companies also cover 90% of vasectomy procedures
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Psychic Robot
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Post by Psychic Robot » Sat Aug 06, 2011 5:11 pm

> I have nothing against birth control without a copay..

enjoy your premium hike

> Count Arioch wrote:I'm not sure how discussions on whether PR is a terrible person or not is on-topic.

> Ant wrote:

> > Chamomile wrote:Ant, what do we do about Psychic Robot?

> You do not seem to do anything.

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Username17
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Post by Username17 » Sat Aug 06, 2011 5:23 pm

> Psychic Robot wrote:

> > I have nothing against birth control without a copay..

> enjoy your premium hike

Babies are more expensive than birth control. If free birth control leads to less babies, the costs of insurance would be less in total. Premiums would go down, except that the companies are going to keep all the difference in the form of higher profits.
But if there was mandatory profit sharing, like the health insurance was provided by the government, the cost to the individual would simply go down.
-Username17
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tzor
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Post by tzor » Sat Aug 06, 2011 6:40 pm

> FrankTrollman wrote:Babies are more expensive than birth control.

Babies result in a premium hike.
Insurance for self, spouse and children costs more than insurance for self and spouse. Only in this case it's the person having the baby who has to pay for it. In the birth control case everyone who is single and doesn't even have sex is paying for it. Not that I want to bring the issue on the personal level, but I'm paying for it.
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