Mark Haines of CNBC is a A-Hole

[cstfx]

Quote from nickdes:

What a jerk this guy is! Why can't these bozos report the news instead of slanting the opinion that they have....

He is no more the a-hole than the network. They thrive on conflict and shouting. If you have ever watched Haines over the years you would know that he does not believe what he spews of late - could be a little influence of his regular co-host - but in general, he is not a fan of the policies on the left.

He is just theatre.

 

[failed_trad3r]

Dont forget the republicans. Vietnam War, iraq war, afghanistan war, housing bubble, tax cuts. Hello you can't spend what you don't have! Damn, republicans are even bigger spenders than the democrats!

 

[nickdes]

Quote from failed_trad3r:

Dont forget the republicans. Vietnam War, iraq war, afghanistan war, housing bubble, tax cuts. Hello you can't spend what you don't have! Damn, republicans are even bigger spenders than the democrats!

I see why you have the user name you do!

 

[trefoil]

Quote from CaptainObvious:

OK, here's the deal. Taxes have never been lowered for the working class, ever. They have only been raised. It's a shell game that begins and ends with social security. Here's how it works.
Congress has been looting social security since the 60's. Ronnie Raygun's allowed them to take it to a new level. His tax cuts for corporate america and financial institutions were going to put a dent in the money congress could steal. This was offset by substancially raising SSN taxes in 1983. It was win/win for corporate america and financial institutions, all on the backs of the working class...
The bottom line is this. For the common working class individual, the recession of 1981 has never ended. Jobs are still tough to find, wages have been flat for decades, going down if you factor in inflation. A very few people have benefited greatly from tax cuts, all on the backs of the working class.
It's all a nice theory that if you give these rich fucks tax breaks, they'll spread it around and the common folk will end up with a decent job. Used to work fairly well, but that was before the current group of robber barons decided that a nice profit just wasn't enough, and began the wholesale financial rape of America. All brought to you by the government of the United States of America, both republican and democrat.

Evidence of intelligent life on Planet ET. Fantastic post.

 

[RL8093]

Quote from pspr:

Mark usually has his head up his ass. He is one foolish reporter.

I differ. CNBC has an amazing array of idiots (with Kudlow being the largest) but Haines is one of the few that actually has independent thought - an attribute he frequently uses to catch a fool he's interviewing who's throwing out false or misleading data.

Quote from nickdes:

The spending along with the tax hikes are going to kill us! Simple logic tells us, if Americans have less to spend then.....

While you may believe this to be intuitive and Mark to be an idiot for sharing facts, it would appear that the reverse is actually true....

While I tend to believe that world economies are going to have a rough time getting their deficits under control - I agree with you that differentiating between fact & opinion is important.

R

 

[OldTrader]

Quote from Free Thinker:

he was correct. taxes were raised under clinton and the economy boomed. they were lowered under bush and we crashed. the conclusion based on the facts, that raising taxes slows the economy and lowering taxes stimulates the ecomomy is not a given.
there are other forces more important than taxes.

You mean you're willing to draw this conclusion based on two incidents?

Aside from the fact that you and Haines evidently were more than willing to distort the Bush record. Did you forget the bull market we had AFTER the taxes were lowered, along with the ensuing economic boom? AFTER that we had a crash in the stock market, much of which is attributed to the housing/sub-prime mortgage situation.

And taxes were raised under Clinton? Have you forgotten the DECREASE in capital gains tax? Or the fact that Clinton followed the boom unleashed by the Reagan years of lower taxes?

OldTrader

 

[Covertibility]

The so called boom after Bush cut taxes was due mostly to people using their homes as ATM's. If one were to factor out mortgage equity withdrawals as a percentage of GDP, the economy was flat.

Tax cuts for the rich do not and have never nor will they ever produce growth as the rich will save a large percentage of the tax cut. Thats it.

 

[Happy Hopping]

I disagree. I really like Mark Haines, most of the male anchors at CNBC are very intelligent. And Mark Haines is 1 of them, he's also a Democrat.

 

[rc8222]

Quote from failed_trad3r:

Dont forget the republicans. Vietnam War, iraq war, afghanistan war, housing bubble, tax cuts. Hello you can't spend what you don't have! Damn, republicans are even bigger spenders than the democrats!

It was Democrats that got us into Vietnam brainstorm!!!!!! Does Kennedy & Johnson ring a bell????? It was Johnson getting us into the Vietnam War by telling us about a Gulf of Tonkin incident that never happened. Oh and btw, it was Democrat administrations that got us involved with wars in WWI, WWII, and Korea. It was Democrats that have sent more Americans to their deaths in war, and have spent more tax payer dollars than any party in our history.
You should change your name to failed_history!!!!!

 

[TradeMetal]

‘The problem with socialism is that eventually you run out of other people’s money’

M.Tatcher