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Forums - General - Market watch: Dow Jones drops approx. 300 points, 4% today. Drops below 7000 points.

Well I am pretty good at attacking his policies, that guy, and not Obama himself (although I do a lot of that too ). SSJ12 and That Guy you should join vgcpolitics.freeforums.org. It is the VGC political sister site I set up. There is like 10 members or so and it is always good to have a varying spectrum on the site.

On the original topic, I believe that we will see a recovery around Q1 '10 but my biggest fear is it being a forerunner to a double dip recession a la Japan in the 90s.



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akuma587 said:
I would LOVE to go back and pull out all the earmarks Bush had in the past 8 years, but it wouldn't really be constructive to do so.

Not to mention that most of the things that people have complained in the stimulus bill when COMBINED only total less than 1% of the entire package. I mean seriously, if you are going to attack the stimulus bill, how about you focus on the 99% that is there rather than the 1%.

 

Unfortunately, earmarks are what makes bills go 'round. A lot of politics is based around the quid pro quo; "i help you out, you help me out," i.e. You'll have my full vote if you include X in your bill.



I say, asa long as it don't affect meh. Then let the companies fail. I saya we should allow the economa to make this adjustment. Now see here, huge unemployment rates are fine, as long as they don't affect me.



New post on earmarks.

Holy shit-does anyone even understand politics? It's a system of patron-client ties. Why have a representative if they don't represent your interests? Most of the stuff is pretty benign that is considered 'earmarks'. The government spends a half trillion on war and that's okay (lockheed is really close to my house so I guess I benefit too) and when several million is located for socialist homosexual shit like libraries, art museum, park construction, public transportation etc. everyone throws a fit. It is quite funny.



you do make a pretty good point there. A stealth bomber goes for 2 billion dollars and no one gives two craps. 3 million to save field mice and halogamer goes nuts.



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That Guy said:
you do make a pretty good point there. A stealth bomber goes for 2 billion dollars and no one gives two craps. 3 million to save field mice and halogamer goes nuts.

That's my job   Plus B2s and F22s just kick so much ass...

 



That Guy said:
you do make a pretty good point there. A stealth bomber goes for 2 billion dollars and no one gives two craps. 3 million to save field mice and halogamer goes nuts.

Duh, questioning anything the military does, including wasting your money, is unpatriotic.

Compared to many other sectors of the economy, the dollar per job created ratio is simply pathetic for the majority of military investment.  You want to talk about pork barrel, look no further.

 



We had two bags of grass, seventy-five pellets of mescaline, five sheets of high-powered blotter acid, a salt shaker half full of cocaine, a whole galaxy of multi-colored uppers, downers, screamers, laughers…Also a quart of tequila, a quart of rum, a case of beer, a pint of raw ether and two dozen amyls.  The only thing that really worried me was the ether.  There is nothing in the world more helpless and irresponsible and depraved than a man in the depths of an ether binge. –Raoul Duke

It is hard to shed anything but crocodile tears over White House speechwriter Patrick Buchanan's tragic analysis of the Nixon debacle. "It's like Sisyphus," he said. "We rolled the rock all the way up the mountain...and it rolled right back down on us...."  Neither Sisyphus nor the commander of the Light Brigade nor Pat Buchanan had the time or any real inclination to question what they were doing...a martyr, to the bitter end, to a "flawed" cause and a narrow, atavistic concept of conservative politics that has done more damage to itself and the country in less than six years than its liberal enemies could have done in two or three decades. -Hunter S. Thompson

akuma587 said:
That Guy said:
you do make a pretty good point there. A stealth bomber goes for 2 billion dollars and no one gives two craps. 3 million to save field mice and halogamer goes nuts.

Duh, questioning anything the military does, including wasting your money, is unpatriotic.

Compared to many other sectors of the economy, the dollar per job created ratio is simply pathetic for the majority of military investment.  You want to talk about pork barrel, look no further.

 

Wait... since when?

Outside of Iraq and Afganistan military spending is one of the better investments out there due to the jobs and techinological advances it creates.

Actual operational budgets being countered towards overall military expendetures is disiengeious since you need such things to keep the military active and it's simply something that's done by people with an agenda.

Vs research and weapons production which create a lot of jobs and... wheter we like it or not are valuable exports even after they've used up their usefulness to us.

I mean one might as well bring up WW2 as an economic indicator if someoen wanted to argue the other way with an agenda.

It was a lot of what got us out of WW2.  FDR failing to get unemployment out of the mid 25% before that.

 



Kasz216 said:
SciFiBoy said:
segajon said:
you two are confusing me. reap what I sew?????? what

Capitalism, youre country thought the boom would last forever so let the banks get away with all kinds of stupid shit, its youre Governments fault, just like the problem in the UK is our governments fault

Yes.  Because the rest of the world is doing great right now?

The UK is actually in worse shape then the US.

The UK has a much higher debt to on hand currency rate.

Hence why they were considering sueing iceland for the money it owes them.

The UK is one of the few major countries that could suffer the same fate... due to London being such a major trading point world wide.

It has a lot of "Credit" going through the small country.

Luckily i doubt the rest of the world let alone the EU would let it happen... but financials wise.  The UK is worse off.

We could blame it on socialism... but that would be childish.

 

 And also wrong.



halogamer1989 said:

@ Bitmap: Nuclear fusion is an infrastructure example that I am use all the time to my fellow GOP members as an example of resourceful energy here @ home.  That kind of spending takes precedence in my mind over mice studies.

 

You'll need to do a lot of convincing to get your fellow GOP members into backing more resources for fusion. The ITER is gonna cost 5 billion and it still will be a research infrastructure. 

This is one issue where the USA got burnt, they were pushing for inertial confinent but it was decided to go forward with magnetic confinement and thus they designed a tokamak around the JET experience and results.





Current-gen game collection uploaded on the profile, full of win and good games; also most of my PC games. Lucasfilm Games/LucasArts 1982-2008 (Requiescat In Pace).