Republicans don't understand Economics and it is killing the country

[jem]

funny you should try that bullshit as this was in the news today...

by the way I can anticipate your stupidity... so read the whole article before you comment about not allowing anyone in til we have guts to screen outs terrorists properly.

http://www.breitbart.com/big-govern...no-terror-brings-marriage-conspiracy-arrests/

...

A terminated investigation into Tablighi Jamaat mosques could have prevented the December 2 attacks according to Department of Homeland Security whistleblower Philip Haney who told Breitbart News just over a week after the attacks, “Civil Rights and Civil Liberties shut the case down because we were focusing on individuals who belong to Tablighi Jamaat.”

Rizwan Farook attended the Dar al Uloom Al Islamiyah mosque in the San Bernardino area which is believed to harbor Tablighi Jamaat fundamentalists. The sect is known as the “Army of Darkness” in some circles.

Haney told Breitbart News in the December radio interview, “Tablighi Jamaat members under the organization structure of the Deoband movement – a Salafi Islamic group – were coming to America, going to mosques all over the country, at the invitation of imams and leaders who where already known to be linked to terrorism.”

But nitro, the Bible and guns and those dogdamn Mooslims and gays. What about those? Plus like half our taxes go to pay for welfare for minority types like Mooslims and gays and those dark people. And then there's the UN which is trying to make us all commies under a single world flag.

 

[piezoe]

Is that the intolerant ignorant bigoted side of you coming out.


http://www.nytimes.com/2010/04/15/us/politics/15poll.html
Poll Finds Tea Party Backers Wealthier and More Educated

http://www.ijreview.com/2013/10/874...tea-party-supporters-scientifically-literate/
Yale Professor’s Surprising Discovery: Tea Party Supporters More Scientifically Literate

None of this is surprising. These studies are both looking at the same small effect. Its the characteristics of politically active groups v. the general population. People who are politically active are slightly better informed, wealthier, etc., than the general population which is heavily weighted toward the non-politically active, less wealthy and very uninformed. If you want to find out anything other than that, you would have to control for these general tendencies of politically active groups, regardless of their politics. What this really shows is how incompetent the media is in general when it comes to interpreting statistical results.

 

[Tsing Tao]

I was having a conversation with an insurance agent the other day. I told her that the insurance companies are crooks. I gave the example of how when I was a teenager, it costs $1200/Yr. to insure me. Today it costs $2400/Yr. for a teenager. That is 100% inflation! The same is mostly true across the board.

She said the reason is that insurance companies used to make most of their profits by using premiums money to invest in very secure bonds, usually treasury bonds. Since the bonds are now yielding close to nothing, they are forced to raise premiums and gouge the American citizens.

Nice.

So the insurance companies can't make money on government debt, because central banks have destroyed that ability. So instead of going bankrupt (like pension funds, who can't charge more) the insurance companies are forced to charge customers more to stay in business and keep providing insurance. And this means they're crooks.

It's such a treat to see the workings of your mind, Nitro.

 

[Tsing Tao]

I wonder if Icahn would still consider borrowing if [overnight] IRs were, at say 3%?

Sure, borrow like crazy at 0%, print money like crazy and pay back with shit dollars. It is a great deal for us and the suckers keep buying [although see below insurance companies post on how it isn't so simple]. The Chinese can't keep buying crap, so recently they have been buying real assets, like real estate and other high cash generating businesses with low risk.

But you can't suggest the government stimulate by spending through more borrowing, and at the same time, suggest that IRs at zero are wrong, can you? Something has to give.

Finally, you're starting to see where this all goes off the tracks. I guess if you bark up enough trees you'll eventually find the cat.

 

[AAAintheBeltway]

funny you should try that bullshit as this was in the news today...

by the way I can anticipate your stupidity... so read the whole article before you comment about not allowing anyone in til we have guts to screen outs terrorists properly.

http://www.breitbart.com/big-govern...no-terror-brings-marriage-conspiracy-arrests/

...

A terminated investigation into Tablighi Jamaat mosques could have prevented the December 2 attacks according to Department of Homeland Security whistleblower Philip Haney who told Breitbart News just over a week after the attacks, “Civil Rights and Civil Liberties shut the case down because we were focusing on individuals who belong to Tablighi Jamaat.”

Rizwan Farook attended the Dar al Uloom Al Islamiyah mosque in the San Bernardino area which is believed to harbor Tablighi Jamaat fundamentalists. The sect is known as the “Army of Darkness” in some circles.

Haney told Breitbart News in the December radio interview, “Tablighi Jamaat members under the organization structure of the Deoband movement – a Salafi Islamic group – were coming to America, going to mosques all over the country, at the invitation of imams and leaders who where already known to be linked to terrorism.”

It's ok for the IRS to target conservative groups but Homeland Security cannot target muslims? Only in Obama's America.

 

[nitro]

Buffett says don't put too much stock in Icahn's market 'reckoning' warning

The dire prognostication from Carl Icahn about a "day of reckoning" in the financial markets should not be taken as gospel, said fellow billionaire investor Warren Buffett from Omaha, Nebraska, the site of Saturday's annual meeting of Berkshire Hathaway shareholders.

"There are probably, this is the most wildest of guesses, there were probably 50,000 people or more today that bought stocks … and 50,000 people who sold," Buffett told CNBC in an interview that first aired on "Squawk Box" on Friday. "So I don't know that I would pick out any one of them and put too much weight in what they did."

Icahn also said Thursday on CNBC the Federal Reserve's prolonged low interest rates could create "tremendous bubbles."

Responding to Icahn, Buffett. the chairman and CEO of Berkshire Hathaway, took a more philosophical approach.

"Interest rates act on asset values like gravity works on physical matter," he said. "If you had zero interest rates and you knew you were going to have them forever, stocks should sell at, you know, 100 times earnings or 200 times earnings."


http://www.cnbc.com/2016/04/29/buff...stock-in-icahns-market-reckoning-warning.html

 

[jem]

so we know the core... the part that aggravates lefties the most is relatively highly educated.
And yes everyone knows that people with post graduate degrees are more likely to be dem than republican...
But dems are also most likely to be under educated.

Democrats dominate the less than college category...
http://www.people-press.org/2015/04/07/2014-party-identification-detailed-tables/

high school or less men... r 22 d 27 i 44
high school or less women r 22 d 35 i 35

The under educated are least likely to be republicans.

That same polls shows that those making under 50 grand are year are also far more like to be democrats.

None of this is surprising. These studies are both looking at the same small effect. Its the characteristics of politically active groups v. the general population. People who are politically active are slightly better informed, wealthier, etc., than the general population which is heavily weighted toward the non-politically active, less wealthy and very uninformed. If you want to find out anything other than that, you would have to control for these general tendencies of politically active groups, regardless of their politics. What this really shows is how incompetent the media is in general when it comes to interpreting statistical results.

 

[Ricter]

so we know the core... the part that aggravates lefties the most is relatively highly educated.
And yes everyone knows that people with post graduate degrees are more likely to be dem than republican...
But dems are also most likely to be under educated.

Democrats dominate the less than college category...
http://www.people-press.org/2015/04/07/2014-party-identification-detailed-tables/

high school or less men... r 22 d 27 i 44
high school or less women r 22 d 35 i 35

The under educated are least likely to be republicans.

That same polls shows that those making under 50 grand are year are also far more like to be democrats.

The people with the best educations are mainly dems, the people with the least education are mainly dems, and the people with mediocre educations are mainly reps. Got it.

 

[FortuneTeller]

What a stupid thread. Another by nitro. Doesn't he even have a life outside of ET? wtf

 

[jem]

The people with the best educations are mainly dems, the people with the least education are mainly dems, and the people with mediocre educations are mainly reps. Got it.

mainly is too strong a word considering all the independents.