Everything posted by StrangeSox
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Financial News
QUOTE (Y2HH @ Nov 14, 2012 -> 02:35 PM) Ignore the fact that I replied to your video post...my post wasn't about the video, it's about you and the way you talk on here. Maybe David Frum can make the point in a less-snarky way: The electorate wasn't particularly concerned with the deficit, but the political press and politicians have been focused on.
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Financial News
QUOTE (Y2HH @ Nov 14, 2012 -> 02:38 PM) Because the economy, and the overall world economy is in the tank right now is the ONLY reason inflation hasn't hit. It won't stay like this forever is the point they're making, the opposite of the point you're feebly trying to make, over and over, that the world will stay in the tank like this forever. I beg you to stop making that point, because it's not a point at all. It's ignorant and wrong. That's not the point I'm making, and it's pretty silly to take it that way. The point I'm making is an anti-austerity point that we should not be obsessed with budget deficits in the middle of a recession precisely because unemployment (much more important) is low and interest rates are essentially free for the government. Now is the time to borrow to get our economy going again and to do things we should be doing anyway like infrastructure. Nowhere in that argument is the claim that interest rates will never rise or that we should run deficits in perpetuity (though Modern Monetary Theorists would argue that we should). It is an argument about priorities.
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Financial News
QUOTE (Y2HH @ Nov 14, 2012 -> 02:32 PM) Again, it's a f***ing inevitability that at some point in the future, unemployment will go down and bond rates will rise. Whether than be 5 years or 10 years, or even 20 years...in the grand scheme of an economy, that's a very short period of time. Sticking your head in the sand and ignoring it because it won't happen in a week is lunacy...and it's part of the kick the can down the road game politicians play that's gotten us where we are. I have some news for you. All of that will happen, and there is nothing wrong with discussing it, or thinking about ways to curb it BEFORE that time arrives. There are more pressing problems right now than the deficit. The major problem, unemployment, directly contributes to the deficit. As we've seen all over Europe and perhaps most analogously in the UK, prematurely forcing austerity measures to close deficits in a weak economy only makes the problems including the deficit worse. It's not inevitable that unemployment will fall if we take measures that actively work against it.
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Financial News
QUOTE (Y2HH @ Nov 14, 2012 -> 02:29 PM) The way you talk, especially when you say things like 'any year now', you pretend that inflation and interest rates will never move again. And this...I don't even know how to word this without sounding condescending...but this is just absolute and total insanity. That's like predicting the stock market, or unemployment, or the temperature, will never go down, or up...ever again...but stay exactly the same forever. To even say something like this means you need to remove yourself from the conversation. Because you're doing nothing but detracting from it. If you don't want to have a serious conversation, don't have one. And when you say things like "any year now", like you've been saying, it means you don't want to have a serious conversation. So again, don't have one. Did you bother to watch the video to see his point? edit: "any year now..." is my standard response to ss2k5 and the general "bond vigilantes" argument that has been predicting hyperinflation for years now.
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The Democrat Thread
I'm still confused as to why socialism is the opposite of federalism
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2012 Video Game Thread
red dead was awesome, but I got bored with LA Noire about half way through the game.
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Buying airline tix
you must break her of this as I have broken my wife!
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Buying airline tix
how long is she going to be in town for? I've fit a week and a half's worth of outdoor cold weather work clothes, boots, hardhat, laptop and tools into a carry-on and backpack before.
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The Democrat Thread
In Irish hospital, right-to-life even in cases of the life of the mother (and fetus) http://www.independent.co.uk/news/world/eu...al-8315609.html
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How is Marlins trade different from what the cubs are doing?
QUOTE (southsider2k5 @ Nov 14, 2012 -> 09:59 AM) Miami flat out lied to their fans repeatedly. The Cubs have done no such thing. I really hope this is a lesson for other cities not to publicly fund these stadiums
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The First Annual Steve9347 b**** about your Fantasy Teams here
QUOTE (Steve9347 @ Nov 14, 2012 -> 09:06 AM) In Matthews, I never trust. that's kinda how I was leaning. Him and Jones are projected about even for next week.
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2012 Films Thread
I've heard good things about both
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The First Annual Steve9347 b**** about your Fantasy Teams here
need to pick two of Felix Jones, Ryan Matthews and Alfred Morris to start this week.
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Financial News
Chris Hayes explains that no one actually gives a s*** about the deficit: http://www.msnbc.msn.com/id/46979738/ns/ms...hayes/#49778279
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The Democrat Thread
QUOTE (kapkomet @ Nov 13, 2012 -> 08:03 PM) That right there is what's f***ed up about the Union of Socialist Republics, er, I mean the United States of Socalism, er, I mean the United States of America today. If you want to dismiss the very core of what the Constitution is about, I'll just start calling you comrade. If you're not a fan of federalism, you're a communist?
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Financial News
QUOTE (kapkomet @ Nov 13, 2012 -> 08:06 PM) The only reason it hasn't happened is because the economy sucks balls - so either 1) the economy picks up steam and kills the low rates, or 2) we stagnate here forever because there's no growth anywhere. Nice set of options and I'm glad you sign up for the f***ed up misery we live in now. Once unemployment is crushed, we can begin worrying about future bond rates.
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Financial News
any year now...
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Technology catch-all thread
^^that's why my wife wanted one
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Financial News
Getting more people back to work and contributing to the GDP will boost tax revenues and cut safety net expenditures. That's a good start on the deficit and certainly a much more pressing problem than how the budget will look in 10-20 years. The projected deficit numbers themselves are largely due to increased medical expenditures, but there is some contention that the CBO's model accurately projects these costs. If there model is seriously overestimating future health care costs, then we don't really have a future deficit problem at all.
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Technology catch-all thread
QUOTE (JoeCoolMan24 @ Nov 13, 2012 -> 02:08 PM) My parents have the Cuisinart version, and I hate it. Not that I drink coffee at all, but they make hot chocolate cups and it was awful. Even tried regular GFS packets we have, and just used the thing for the hot water, and it still tasted funky. I think it's the standing water that is stored inside the unit for weeks on end that gives it that plastic taste or something. I just stick to heating up the water in the microwave or over the stove. We use it frequently enough that the water isn't in there for more than a couple of days at most. I think our Keurig only holds 4 cups or so. I run it once empty before making tea or hot chocolate because the coffee builds up on the inside otherwise.
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**2012 Election Day thread**
Paul Ryan: I Didn’t Lose Because Of The Issues, I Lost Because Of The ‘Urban’ Vote
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Financial News
If I had faith that it could be structured properly and not accidentally blow up, I'd favor some sort of plan that includes automatic triggers that phases in tax increases based on economic conditions.
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David Petraeus resigns after banging non-wife
This thing is blowing up into all sorts of a mess. Head of the CIA, General Allen, FBI, agents leaking to Congress and conservative media.
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New Obama Cabinet Rumors
Susan Rice for Secretary of State, though Republicans are already threatening to filibuster John Kerry for Secretary of Defense. http://www.washingtonpost.com/world/nation...7b7a_story.html
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Financial News
We shouldn't be cutting spending or probably raising taxes at all until we actually have unemployment under control again.