Trump reveals his birth certificate

Lucrum · Mar 29, 2011

Quote from Ricter:

Excellent argument for government spending!

There is NO such thing lil' Ricky.

Ricter · Mar 29, 2011

Quote from Maverick74:

Not quite skippy. Although you are correct, in that they both are the same. But they are not both applied efficiently. The free market will allocate risk capital far better then government bureaucrats 100 times out of a 100.

Ok, you're goofy for today. The free market will not allocate capital at all to such undertakings.

Gabfly1 · Mar 29, 2011

Quote from Maverick74:

Dude, did you see what happened in 2008?

What about all of the Bush years leading up to the debacle in 2008? Was there middle class magic going on then, courtesy of trickle down?

Maverick74 · Mar 29, 2011

Quote from Gabfly1:

What about all of the Bush years leading up to the debacle in 2008? Was there middle class magic going on then, courtesy of trickle down?

Ironically it worked all too well. The middle class exploded in wealth. Primarily due to equity created through the ASSET they owned, their home. But that was not part of the "free market". It was orchestrated by left wing Keynesian economic policies of printing money.

Gabfly1 · Mar 29, 2011

Quote from Maverick74:

Ironically it worked all too well. The middle class exploded in wealth. Primarily due to equity created through the ASSET they owned, their home. But that was not part of the "free market". It was orchestrated by left wing Keynesian economic policies of printing money.

Bullshit. The housing bubble is principally the direct result of monetary policy, with the Fed setting interest rates too low and then close to zero, rather than as a result of fiscal policy. We were talking about income and job creation, remember? And what was that remark about school?

Maverick74 · Mar 29, 2011

Quote from Gabfly1:

Bullshit. The housing bubble is principally the direct result of monetary policy, with the Fed setting interest rates too low and then close to zero, rather than as a result of fiscal policy. We were talking about income and job creation, remember? And what was that remark about school?

Who do you think pushed the affordable home buyer program through to give all those poor people homes and the middle class. That's fiscal policy Gabby. Then we have Bush cutting the "capital gains tax" to allow more money to flow into risk assets that created the jobs. Gabby, you are too easy. Do you have an older brother or someone I can spar with. I feel like I am beating up a retarded kid whenever I talk to you.

Lucrum · Mar 29, 2011

Quote from Maverick74:

... Gabby, you are too easy. Do you have an older brother or someone I can spar with. I feel like I am beating up a retarded kid whenever I talk to you.

I think I'm going to bookmark this one.

Ricter · Mar 29, 2011

That bubble was driven by petro and sino dollars. Cost push inflation, the kind ordinary Americans care about, was unremarkable.

Gabfly1 · Mar 29, 2011

Quote from Maverick74:

Who do you think pushed the affordable home buyer program through to give all those poor people homes and the middle class. That's fiscal policy Gabby. Then we have Bush cutting the "capital gains tax" to allow more money to flow into risk assets that created the jobs. Gabby, you are too easy. Do you have an older brother or someone I can spar with. I feel like I am beating up a retarded kid whenever I talk to you.

You really are full of shit. What jobs? Bush had the worst track record on record:

http://blogs.wsj.com/economics/2009/01/09/bush-on-jobs-the-worst-track-record-on-record/

Maverick74 · Mar 29, 2011

Quote from Gabfly1:

You really are full of shit. What jobs? Bush had the worst track record on record:

http://blogs.wsj.com/economics/2009/01/09/bush-on-jobs-the-worst-track-record-on-record/

You better get back on the short bus Gabby where you are safe. Of course 2007 and 2008 saw a lot of jobs go up in smoke, especially when the real estate market went under.