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Bill Gates: Raise taxes on the rich. That's just justice.

Winstonfield_Pennypacker says...

Bill Gates - and all the ProgLibDytes on the forum - entirely miss the point.

You could take every single member of the top 5% of the United States and immediately confiscate 100% of all their wealth, income, assets, property, and leave them penniless paupers in the gutter. It would not so much as balance the Federal Government's budget for one QUARTER, let alone a whole fiscal year. The problem is not that taxes on the rich are too 'low' (they certainly aren't). The problem is that government spends too much money on crap that government has no business spending so much as one thin dime on (IE all the social programs). Government has over-promised on too many things to too many groups for far too long. They foot a bill too long for their purse and can't pay it - no matter how much it taxes the rich, corporations, or anyone else.

Bill Gates, Warren Buffett, Warren Buffett's secretary (also rich), Hollywood, and all the other rich idiots with their crocodile tears about not being taxed enough... Every single one of these hypocrites has the address of the National Treasury, and can write out checks giving every penny they earn to the government. They can fire thier accountants tomorrow and not use all the exemptions they fight so hard to maximize. They don't need thier taxes raised. They could pay higher taxes this very instant under current law.

So why don't they? Simple. They know government is a terrible place to put money.

Gates is dumping money into private philanthropical efforts - which shows that he hasn't completely lost his wits (even though he's talking like a total moron in this clip). No one believes that giving the government more money is a good idea. The US government is one of the most wasteful, and least efficient organizations on the planet. Bill Gates knows this. So it isn't hard for him to figure out that "the nation" would be better served dumping his money in an incinerator rather than pay the Feds more tax money.

So what's with these hypocritical screeds that rich sleazeballs like Buffett? The answer is also quite simple. They are doing nothing more than mouthing platitudes specifically to assuage all you ProgLibDyte peons with your class warfare pitchforks.

It is quite amusintg, really, just how easily and thoroughly people on the left like the Sift are duped. All Gates has to do is go on a show here, or a show there, and say a few of the correct leftist catchphrases. Then suddenly all the lemmings are literally knocking each other over to be the first in line to start french kissing Gates or Buffett's duodenum.

See - that's what's so funny. You ProgLibDytes don't care that Gates is laughing his way to the bank, and that he will NEVER pay a cent more in taxes than he has to. Oh no. That doesn't matter. All that matters to all you agenda slaves is that he blathers the right sound bite at you. Then your ideological addictions get thier nice little junkie fix, and you're putty in his hands, laughing at you because he knoew (A) he isn't going to pay more taxes and (B) all he has to do is keep shunting a few bucks at the right leftist radicals and he will have political protection payola shielding him for life. And all he needs too keep the racket going is a bunch of you simpletons brainlessly following your left-wing marching orders so he has a permanent audience to sing to. How's it feel knowing you're the intellectual equivalent of Bill Gates' used condom?

FDR: I Welcome Their Hatred

quantumushroom says...

"We have tried spending money. We are spending more than we have ever spent before and it does not work. And I have just one interest, and if I am wrong … somebody else can have my job. I want to see this country prosperous. I want to see people get a job. I want to see people get enough to eat. We have never made good on our promises. … I say after eight years of this Administration we have just as much unemployment as when we started. … And an enormous debt to boot." --Henry Morgenthau, Jr., U.S. Secretary of the Treasury during the administration of Franklin D. Roosevelt

The myth of FDR is the edifice on which the modern welfare state wobbles.




>> ^Yogi:

>> ^quantumushroom:
So what did FDR do, exactly? If big biz (that old reliable satan of the left) really "controlled" government then all FDR did was make government bigger and more tyrannical, and to this day the left claims big biz still runs it.
FDR's antics extended the Depression. "High tariffs and government-sponsored deflation followed by enormous taxation and unthinkable government expenditures turned a stock market stumble into a decade-long nightmare."
Obama's cut from the same fictive cloth, a dragon pretending to be dragonslayer.

These statements are from a reputable historian or economist I take it?

Why so many people are endorsing Ron Paul for President

renatojj says...

@dystopianfuturetoday's list seems somewhat biased to me. I also appreciate him taking the time to provide links to his objections, kudos for that.

This is how I would honestly try to answer each of them, I think most can be dismissed, but some should be looked into.

Abortion

Irrelevant. It doesn't matter his personal opinion on abortion, his political opinion is that it's not a Federal issue, it's a state's rights' issue because it's too controversial. So whether people like abortion or not, they have the choice of taking it up with their local governments.

Evolution

Irrelevant. It doesn't matter his personal opinion on evolution. If I were a Christian, I'd have trouble dealing with the theory of evolution too, because I'd believe in a book written by God that says the universe was created in 6 days. I don't see how would that negatively influence him as a president or his policies.

Does not believe in separation of church and state

Sounds like total BS to me. That is just a very biased interpretation of the linked article. Libertarians understand separation of church and state because having them together is even more dangerous than fascism (corporations and state together). It threatens many liberties they hold dear, including free speech, religious freedom, sexual freedom and not using laws to impose morality.

Believes Education is not a right and wants to privatize all schools

Correct, unconstitutional, against libertarian ideals. Even though he'd like to privatize them all, he would have to stop at the Federal level and let states choose whether to run their own schools or privatize.

Wants to repeal the federal law banning guns in school zones

Correct, probably because it would encroach on guns rights, besides, it's in accordance with the point above: Federal government has no business educating children anyway, and should not impose gun restrictions on state-run schools, that's up to the states themselves.

Denies Global Warming, "There is no convincing scientific evidence..."

He does believe that global warming claims are a FUD tactic for environmental regulations at the Federal level.

Wants to get rid of FEMA and says we shouldn’t help people in disasters

Correct about FEMA being dispensable, but "we" means the Federal government. States can help. Private charities can help. Churches can help. Concerned individuals can help. Insurance companies can help.

Wants to build a fence at the US/Mexico Border

Wierd, I mean, it's in accordance with defending our borders, but seems like a costly idea.

Repeatedly has tried to prevent the Supreme Court from hearing Establishment Clause cases or the right to privacy

I don't know what to say about that, sorry.

Pull out of the UN because "they have a secret plan to destroy the US"

He presented more than one reason to pull out of the UN. I personally agree that the UN is not in alignment with american values. I wish the UN all the best in whatever they want to achieve, but I don't think they should do it with the US' money and military, specially since we're broke and fighting too many wars as it is.

Disband NATO

Link is not working. NATO is a remnant of the Cold War era, it costs us money to outsource our military protection to other countries, disbanding NATO makes sense to me.

End birthright citizenship

Sounds like a reasonable position to me. He's in favor of immigrants entering the country, but birthright citizenship is a legal shortcut that is often abused and imposes an unnecessary burden on American citizens and the welfare system.

Deny federal funding to any organisation "which presents male or female homosexuality as an acceptable alternative life style or which suggest that it can be an acceptable life style"

If he had his way, a lot of federal funding to all non-essential organizations would be denied, period. When it comes to the issue of homossexuality, regardless of his personal opinions, he seems to be arguing against using taxpayer money to promote or impose lifestyles taxpayers themselves might not approve of.

Hired former head of Anti Gay Group to be Iowa State Director of the campaign

I don't know, that's a tough one. That might reflect poorly on Ron Paul if this person was hired for being an anti-gay activist. Maybe he's just a good campaign director? I don't think Ron Paul is against homossexuals politically, and he's allowed the same level of homophobia as any other straight christian guy, as long as he doesn't project it into active anti-gay policies.

Wants to abolish the Federal Reserve in order to put America back on the gold standard

Correct, even though he mostly talks about commodity-based currencies. He doesn't want to impose the gold standard, but allow competing currencies, in which case, I'm sure many people will prefer to use gold as money since it has been historically preferred for millenia.

He was the sole vote against divesting US Gov investments in corporations doing business with the genocidal government of the Sudan

I don't understand that sentence and the link is broken, could you elaborate on it, please?

Was also the ONLY vote against a ban on Lead in childrens' toys

Correct, as the linked article points out, he "frequently votes against measures expanding the federal government's reach". It doesn't mean Ron Paul is in favor of lead in children's toys, only that there are other more effective ways to ensure that children's toys don't have lead in them. Leave the Federal government out of this.

Thinks Sexual Harassment shouldn't be illegal

Correct, not at the federal level, that is a states' issue. Whatever else he said on the subject is irrelevant.

Is against the popular vote

Correct, it's a libertarian thing. Libertarians like to protect minorities, namely the smallest and most numerous minority, which is the individual. That's why they always talk about individual rights. Democracy sometimes ignores and tramples over individuals in favor of the majority, so libertarians don't always regard democracy as this unquestionable improvement for civilization.

Wants the estate tax repealed

Correct, it's a useless tax in terms of revenue, most people waste as much money avoiding it than paying it, so it's destroying resources, and its not morally justified. Why would someone have to pay taxes when they die? Why pay taxes to inherit what someone rightfully gives you when they die?

Believes that the Panama Canal should be the property of the United States

Don't know what to say about that. If it was built with US taxpayer money, maybe it should? Idk.

Has associated with the founder of Stormfront, a White Power/Nazi Website

This is bullshit. A picture of them together just implies they conspired to stand in front of a camera.

Keeps their donations
And does nothing to prevent their association with his campaign.

Also, bullshit. Taking their money means he accepts their support, it does not mean that Ron Paul supports them. Like Ron Paul explained many times, it would be impractical to do a background check on all the hundreds of thousands of people who support him and send him money.

Has gone on record that he had no knowledge of the content of the racist newsletters that bore his name AND signature,
But has not only quoted them, but personally defended the newsletters in the past,
And later admitted he WAS aware of the contents and that only "some of [it was] offensive."
...
Ron Paul's Newsletters. Scanned. See the originals for yourself. They're worse than they've been quoted for.


He didn't write it and they already found the guy responsible for the offensive content. Move on.

His issues with race go as far as to vote against the Rosa Parks medal (sole vote, again), saying it is a "waste of taxpayer dollars" and that it was unconsitiutional...
Despite the fact that the bill itself is very clear about a separate fund. All profit from this fund is returned to the Treasury.
However, he had no issues with using taxpayer funds to mint coins for the Boy Scouts
AND introduce legislation that would spend $240 Million making medals for EVERY veteran of the Cold War


Ouch, I don't know what to say, at first it seems inconsistent. Maybe he doesn't have a perfect voting record after all. I'll look into that. I don't buy that he's against Rosa Parks or that there is any race issues involved.

Introduced legislation, twice, that would allow schools to re-segregate.

Endorsing the removal of federal regulations and the freedom that comes with that is not an endorsement of what people or states do with these freedoms.

His SuperPAC is headed by Thomas Woods who is the founder of the League of the South, of which the Southern Poverty Law Center (SPLC) labeled a "racist hate group."

Bullshit, an exageration of guilt by association. Thomas Woods is not the founder, he was present at the founding. He contributed in a limited capacity and is no longer involved with that group. He also publicly admits to being a textbook neoconservative before changing his mind and becoming a Ron Paul supporter. I only expect Ron Paul to be consistent, not everyone who works for him or endorse him, people can change their minds and their ways.

Also in association with the League of the South via Thomas Woods is the Mises Institute, of which Lew Rockwell is an Administrator...

Bullshit, exagerated guilt by an even more distant level of association. The Mises Institute is about austrian economics, most likely they're associated only in regards to their opinions on economics.

Would have voted against the Civil Rights Act of 1964

Very easy to misinterpret. He's partly against the Civil Rights Act regarding the regulations on private individuals and businesses that are open to the public because they reduce individual liberties. Makes sense for a libertarian to say such things.

Earmarks

I see it as Ron Paul making the most to get money back to the states and local communities using a flawed system.

And during his entire tenure, he has managed only one, out of 620, of his bills to get signed into law.

Can be considered a testament to his innefectiveness, or as a testament to his backbone, and how screwed up Congress and Washington is.

Ron Paul is not a constitutionalist. He is not a civil libertarian. He's a secessionist, a fundamentalist and a confederate.

And the guy who wrote that article is an Anti-Ron Paul nut.

Want more? Go here.

Maybe Slanderpedia.com would be more appropriate, btw I checked and the domain name is available!

Why so many people are endorsing Ron Paul for President

dystopianfuturetoday says...

Why so many people are choosing not to endorse Ron Paul (from reddit)

Ron Paul's beliefs and positions.

He defines life as starting at conception,

http://thomas.loc.gov/cgi-bin/query/z?c110:H.R.2597
http://en.wikipedia.org/wiki/Sanctity_of_Life_Act

Lies to maintain FUD regarding Abortion by claiming he "saw doctors throwing a live baby away to let it die"...

http://www.patheos.com/blogs/slacktivist/2012/01/03/say-anything-to-take-us-out-of-this-gloom/
http://www.slate.com/blogs/weigel/2011/12/29/the_ron_paul_fetus_rescue_test.html
http://www.rhrealitycheck.org/article/2012/01/01/why-iowa-caucus-is-about-abortion

Denies evolution, "At first I thought it was a very inappropriate question for the presidency to be decided on a scientific matter ... I don't accept it as a theory."

http://www.youtube.com/watch?v=V4af9Q0Fa4Q @ 2:45
http://liberalvaluesblog.com/2007/12/22/ron-paul-backs-creationism-denies-evolution/

Does not believe in separation of church and state,

http://www.lewrockwell.com/paul/paul148.html
http://www.irregulartimes.com/ronpaulseparation.html

Believes Education is not a right and wants to privatize all schools,

http://www.youtube.com/watch?v=tD8rJCbEVMg

Wants to repeal the federal law banning guns in school zones,

http://www.gpo.gov/fdsys/pkg/BILLS-112hr2613ih/pdf/BILLS-112hr2613ih.pdf

Denies Global Warming, "There is no convincing scientific evidence..."

http://www.lewrockwell.com/paul/paul537.html
http://www.youtube.com/watch?v=5vbMly74cZ8

Wants to get rid of FEMA and says we shouldn’t help people in disasters,

http://tpmdc.talkingpointsmemo.com/2011/05/ron-paul-you-dont-deserve-fema-help-also-im-running-for-prez-video.php
http://climateprogress.org/2011/05/14/ron-paul-%E2%80%98why-not%E2%80%99-abolish-fema-since-helping-victims-of-disaster-is-compounding-our-problems/
http://www.youtube.com/watch?v=h6YQYhk3GRE

Wants to build a fence at the US/Mexico Border,

http://clerk.house.gov/evs/2006/roll446.xml

Repeatedly has tried to prevent the Supreme Court from hearing Establishment Clause cases or the right to privacy,

http://thomas.loc.gov/cgi-bin/query/z?c110:H.R.300:

Pull out of the UN because "they have a secret plan to destroy the US",

http://thomas.loc.gov/cgi-bin/query/z?c110:H.R.1146:
http://www.activistpost.com/2011/05/ron-paul-announces-new-run-for-us.html
http://www.youtube.com/watch?v=4ArUoyuDd74
http://www.ronpaul.com/2011-05-25/ron-paul-defend-the-constitution-not-the-u-n-security-council/

Disband NATO,

http://www.house.gov/paul/congrec/congrec2004/cr033004.htm

End birthright citizenship,

http://thomas.loc.gov/cgi-bin/query/z?c110:H.J.RES.46:
http://www.lewrockwell.com/paul/paul346.html
http://www.dailypaul.com/140490/ron-pauls-views-on-immigration-do-you-agree-or-disagree
http://www.youtube.com/watch?v=FtDZZHrT8mY

Deny federal funding to any organisation "which presents male or female homosexuality as an acceptable alternative life style or which suggest that it can be an acceptable life style",

http://thomas.loc.gov/cgi-bin/bdquery/z?d096:h.r.7955:

Hired former head of Anti Gay Group to be Iowa State Director of the campaign,

http://thenewcivilrightsmovement.com/anti-gay-hate-group-chair-is-now-ron-pauls-iowa-state-director/politics/2011/12/29/32460

Wants to abolish the Federal Reserve in order to put America back on the gold standard,

http://thomas.loc.gov/cgi-bin/query/z?c110:H.R.2755:
http://www.house.gov/paul/congrec/congrec2006/cr021506.htm

He was the sole vote against divesting US Gov investments in corporations doing business with the genocidal government of the Sudan,

http://www.house.gov/paul/congrec/congrec2006/cr021506.htm

Was also the ONLY vote against a ban on Lead in childrens' toys,

http://www.chron.com/news/nation-world/article/U-S-House-votes-to-ban-lead-from-toys-1774056.php

He believes that the Left is waging a war on religion and Christmas,

http://www.lewrockwell.com/paul/paul148.html

He's against gay marriage,

http://www.lewrockwell.com/paul/paul197.html
http://theiowarepublican.com/2011/ron-paul-condemns-obama%E2%80%99s-decision-to-abandon-doma/

Will even legislate against gay marriage on a federal level and attempted to CRIMINALIZE efforts to overturn such a measure,

http://en.wikipedia.org/wiki/Marriage_Protection_Act
http://www.ibtimes.com/articles/274704/20111230/ron-paul-proposal-severely-curtail-supreme-court.htm

Has even made it a point to base his campaign on Religion and being against Gay Marriage,

http://imgur.com/11Q77

Thinks Sexual Harassment shouldn't be illegal,

http://www.politicususa.com/en/ron-paul-sexual-harassment

Is against the popular vote,

http://www.lewrockwell.com/paul/paul214.html

Wants the estate tax repealed,

http://www.lewrockwell.com/paul/paul328.html

Believes that the Panama Canal should be the property of the United States,

http://thomas.loc.gov/cgi-bin/bdquery/z?d106:h.con.res.231:

Believes that the International Baccalaureate program is UN mind control,

http://www.congress.gov/cgi-bin/query/z?r109:E14AP5-0007:

Has associated with the founder of Stormfront, a White Power/Nazi Website,

http://www.freakoutnation.com/wp-content/uploads/2010/05/RonPaulStormfront.jpg

Keeps their donations,

http://www.msnbc.msn.com/id/22331091/ns/politics-decision_08/t/paul-keeps-donation-white-supremacist/

And does nothing to prevent their association with his campaign.

http://patdollard.com/2011/12/white-supremacist-founder-of-stormfront-says-his-followers-are-volunteering-for-ron-paul%E2%80%99s-campaign/

Has gone on record that he had no knowledge of the content of the racist newsletters that bore his name AND signature,

http://www.vice.com/read/ron-paul-is-a-racist-leprechaun
http://www.theatlanticwire.com/politics/2011/12/ron-paul-denies-writing-coming-race-war-letter-he-signed/46622/

But has not only quoted them, but personally defended the newsletters in the past,

http://thinkprogress.org/politics/2011/12/27/395391/fact-check-ron-paul-personally-defended-racist-newsletters/
http://www.salon.com/news/feature/2007/06/02/ron_paul/

And later admitted he WAS aware of the contents and that only "some of [it was] offensive."

http://www.youtube.com/watch?v=vuWXnI97DwE

His issues with race go as far as to vote against the Rosa Parks medal (sole vote, again), saying it is a "waste of taxpayer dollars" and that it was unconsitiutional...

http://ronpaulsurvivalreport.blogspot.com/2008/02/how-to-nail-paultard-part-1-rosa-park.html

Despite the fact that the bill itself is very clear about a separate fund. All profit from this fund is returned to the Treasury.

http://www.govtrack.us/congress/billtext.xpd?bill=h106-573

However, he had no issues with using taxpayer funds to mint coins for the Boy Scouts,

http://www.govtrack.us/congress/bill.xpd?bill=h110-5872

AND introduce legislation that would spend $240 Million making medals for EVERY veteran of the Cold War,

(Archive.org Mirror) http://web.archive.org/web/20090604122724/http://www.theseminal.com/2007/12/30/ron-paul-lets-spend-240-million-on-commemorative-medals/

http://en.wikipedia.org/wiki/Cold_War_Victory_Medal
http://www.gpo.gov/fdsys/pkg/BILLS-107hr3417ih/html/BILLS-107hr3417ih.htm

But didn't bother to repeat his previous argument those times that such an act would be unconstitutional as he had with the Rosa Parks Medal.

http://ronpaulsurvivalreport.blogspot.com/2008/05/ron-paul-no-on-rosa-parks-yes-on.html

Introduced legislation, twice, that would allow schools to re-segregate.

http://thomas.loc.gov/cgi-bin/bdquery/z?d096:HR07955:@@@D&summ2=m&

His SuperPAC is headed by Thomas Woods who is the founder of the League of the South, of which the Southern Poverty Law Center (SPLC) labeled a "racist hate group."

http://www.revolutionpac.com/advisory-board/
http://en.wikipedia.org/wiki/Thomas_Woods
http://en.wikipedia.org/wiki/League_of_the_South

Also in association with the League of the South via Thomas Woods is the Mises Institute, of which Lew Rockwell is an Administrator...

http://en.wikipedia.org/wiki/Mises_Institute#Faculty_and_administration
http://en.wikipedia.org/wiki/Mises_Institute#Criticisms

Is against Hate Crime laws,

http://www.ronpaul.com/2009-07-02/ron-paul-collectivist-hate-crimes-bill-a-serious-threat-to-freedom-of-speech/

Would have voted against the Civil Rights Act of 1964,

http://www.theatlanticwire.com/politics/2011/05/ron-paul-would-have-opposed-civil-rights-act-1964/37726/
http://www.ohioverticals.com/blogs/akron_law_cafe/2011/05/ron-pauls-position-against-civil-rights-act-of-1964-and-against-segregation-laws/

http://www.rawstory.com/rawreplay/2011/05/ron-paul-suggests-basic-freedoms-come-second-to-property-rights/

He also believes The Civil Rights Act destroyed Privacy,

http://www.huffingtonpost.com/2012/01/01/ron-paul-civil-rights-act_n_1178688.html

Despite always "voting against earmarks," he was only one of four House Repubs to request earmarks in 2011 for over $157mil. (And in FY 2010, was one of the leading House members in requesting earmarks for a total of $398mil.)

http://ricochet.com/main-feed/Ron-Paul-s-Earmarks
http://paul.house.gov/index.php?option=com_content&view=article&id=1033&Itemid=68

And during his entire tenure, he has managed only one, out of 620, of his bills to get signed into law.

http://www.washingtonpost.com/politics/ron-pauls-house-record-stands-out-for-its-futility-and-tenacity/2011/12/23/gIQA5ioVJP_story.html

Ron Paul is not a constitutionalist. He is not a civil libertarian. He's a secessionist, a fundamentalist and a confederate.

http://nomoremister.blogspot.com/2011/12/ron-paul-not-civil-libertarian-last.html

Want more? Go here.

http://www.freethoughtpedia.com/wiki/Ron_Paul

Ron Paul's Newsletters. Scanned. See the originals for yourself. They're worse than they've been quoted for.

http://rpnewsletter.wordpress.com/

Romney - What Does The Constitution Say? Lets Ask Ron Paul!

Fox/Palin criticize Obama's Christmas Card

quantumushroom says...

You should be glad the focus is on this card, and not Obama's record.

1,000 DAYS OF OBAMA

DEBT: Total Public Debt Outstanding has increased by $4.2 trillion [source: Treasury Dept]

MORE DEBT: America accumulated as much debt over the past 1,000 days as it had in the country’s first 79,135 days (July 4, 1776 through March 3, 1993) [source: Treasury Dept]

DEBT PER DAY: America’s debt has increased by about an average of $4.2 billion per day [source: Treasury Dept]

INTEREST ON U.S. DEBT: $1.2 trillion has been spent servicing U.S. debt—that by itself would be the world’s 15th largest economy
[source: Treasury Dept]

JOBS: 2.22 million jobs lost [source: BLS]

POVERTY: Nearly 3 million more Americans in poverty—poverty rate has gone from 13.2% to 15.1% [source: Census]
FOOD STAMPS: 12 million more Americans living off of food stamps [source: Dept of Agriculture // Supplemental Nutrition Assistance Program]
GOVERNMENT SPENDING: Spent more than $9.6 trillion – 60% more than the federal government has taken in [source: OMB and CBO]

MORE GOVERNMENT SPENDING: Under Obama, the govt has spent an average of $6.6 million every minute and $111,111 every second [source: OMB and CBO]

CHINA: Owns $1.17 trillion of our debt (as of July) – a 58% increase from January 2009 [source: Treasury Dept]
GOVERNMENT JOBS: Excluding the U.S. Post Office, Federal Government has added 140,000 jobs [source: BLS]

UNEMPLOYMENT RATE: Has averaged 9.4% under Obama [source: BLS]

MORE UNEMPLOYMENT RATE: Has been at or above 9% for 840 of the 1000 days [source: BLS]
UNDEREMPLOYED: Nearly 5 million more Americans are underemployed [source: BLS]

REGULATIONS – NEW RULES: 7,076 new final regulatory rules issued [source: Federal Register]

REGULATIONS – FEDERAL REGISTER: 45,696 pages of new regulatory rules were added to the Federal Register
[source: National Archives and Records Administration, Office of the Federal Register, various years]

AVERAGE WEEKS UNEMPLOYED: Unemployed out of work for an average of 40.5 weeks – that’s more than double since Jan 2009 [source: BLS]

JOB APPROVAL RATING: Dropped nearly 30 percentage points [source: Gallup Tracking]

SPEECHES AND PUBLIC REMARKS: Roughly 806 speeches/public remarks made – once every 1.24 days.

SPEECHES — JOBS: Has said the word “jobs” 4,718 times in 591 speeches

SPEECHES — ECONOMY: Has said the word “economy” 4,541 times in 605 speeches

CIVILIAN LABOR FORCE: Has decreased by 168,000 [source: BLS]

MANUFACTURING: 818,000 manufacturing jobs lost — a -6.5% drop since Jan. 2009 [source: BLS]

BANK FAILURES: 371 Banks have failed [source: FDIC]

STATES: 37 States have higher unemployment rates [source: BLS]

GOLF: 82 rounds of golf — average of one round every 12 days [source: Mark Knoller, CBS –Fox News Tracking]

REPOSSESSIONS: More than 2.4 million homes have been repossessed for failure to pay their mortgage [source: RealtyTrac]

BANKRUPTCIES: Some 4 million total (business and non-business) bankruptcies [source: American Bankruptcy Institute]

GAS PRICES: Up more than 80% and has been over $3/gallon every day in 2011 [source: AAA/OPIS]

UNEMPLOYMENT BENEFITS: Almost $380 billion spent by federal government on unemployment benefits [source: Treasury Dept and CBO]

ECONOMIC TEAM: 7 key members of Obama’s Economic team have resigned [Summers, Romer, Bernstein, Orszag, Goolsbee Volker and Rouse] [source: News Reports/Tracking]

HEALTH INSURANCE PREMIUMS: Health insurance premiums (family coverage) up 9% this year and 12.7% from 2009
[source: Kaiser Family Foundation]

MEDIAN INCOME: Real median household income in the U.S. in 2010 was $49,445, a -2.3% decline from 2009 [source: Census Dept]

ENVIRONMENTAL PROTECTION AGENCY: Spent more than $26 billion on the EPA – FY2011’s spending will be about 40% more than FY2009 [source: Treasury and OMB]

Elizabeth Warren is taking Karl Rove head-on

Death to Pennies

00Scud00 says...

>> ^Issykitty:

Penny for yer thoughts?

Due to inflation even stupid thoughts are worth to much.
Maybe we'll have to start a campaign where everyone gathers up all their pennies and just dumps them at the front door of the Treasury Department, you'd think dump trucks lining up would get the message across.

quantumushroom (Member Profile)

quantumushroom says...

1,000 DAYS OF OBAMA

DEBT: Total Public Debt Outstanding has increased by $4.2 trillion [source: Treasury Dept]

MORE DEBT: America accumulated as much debt over the past 1,000 days as it had in the country’s first 79,135 days (July 4, 1776 through March 3, 1993) [source: Treasury Dept]

DEBT PER DAY: America’s debt has increased by about an average of $4.2 billion per day [source: Treasury Dept]

INTEREST ON U.S. DEBT: $1.2 trillion has been spent servicing U.S. debt—that by itself would be the world’s 15th largest economy
[source: Treasury Dept]

JOBS: 2.22 million jobs lost [source: BLS]

POVERTY: Nearly 3 million more Americans in poverty—poverty rate has gone from 13.2% to 15.1% [source: Census]
FOOD STAMPS: 12 million more Americans living off of food stamps [source: Dept of Agriculture // Supplemental Nutrition Assistance Program]
GOVERNMENT SPENDING: Spent more than $9.6 trillion – 60% more than the federal government has taken in [source: OMB and CBO]

MORE GOVERNMENT SPENDING: Under Obama, the govt has spent an average of $6.6 million every minute and $111,111 every second [source: OMB and CBO]

CHINA: Owns $1.17 trillion of our debt (as of July) – a 58% increase from January 2009 [source: Treasury Dept]
GOVERNMENT JOBS: Excluding the U.S. Post Office, Federal Government has added 140,000 jobs [source: BLS]

UNEMPLOYMENT RATE: Has averaged 9.4% under Obama [source: BLS]

MORE UNEMPLOYMENT RATE: Has been at or above 9% for 840 of the 1000 days [source: BLS]
UNDEREMPLOYED: Nearly 5 million more Americans are underemployed [source: BLS]

REGULATIONS – NEW RULES: 7,076 new final regulatory rules issued [source: Federal Register]

REGULATIONS – FEDERAL REGISTER: 45,696 pages of new regulatory rules were added to the Federal Register
[source: National Archives and Records Administration, Office of the Federal Register, various years]

AVERAGE WEEKS UNEMPLOYED: Unemployed out of work for an average of 40.5 weeks – that’s more than double since Jan 2009 [source: BLS]

JOB APPROVAL RATING: Dropped nearly 30 percentage points [source: Gallup Tracking]

SPEECHES AND PUBLIC REMARKS: Roughly 806 speeches/public remarks made – once every 1.24 days.

SPEECHES — JOBS: Has said the word “jobs” 4,718 times in 591 speeches

SPEECHES — ECONOMY: Has said the word “economy” 4,541 times in 605 speeches

CIVILIAN LABOR FORCE: Has decreased by 168,000 [source: BLS]

MANUFACTURING: 818,000 manufacturing jobs lost — a -6.5% drop since Jan. 2009 [source: BLS]

BANK FAILURES: 371 Banks have failed [source: FDIC]

STATES: 37 States have higher unemployment rates [source: BLS]

GOLF: 82 rounds of golf — average of one round every 12 days [source: Mark Knoller, CBS –Fox News Tracking]

REPOSSESSIONS: More than 2.4 million homes have been repossessed for failure to pay their mortgage [source: RealtyTrac]

BANKRUPTCIES: Some 4 million total (business and non-business) bankruptcies [source: American Bankruptcy Institute]

GAS PRICES: Up more than 80% and has been over $3/gallon every day in 2011 [source: AAA/OPIS]

UNEMPLOYMENT BENEFITS: Almost $380 billion spent by federal government on unemployment benefits [source: Treasury Dept and CBO]

ECONOMIC TEAM: 7 key members of Obama’s Economic team have resigned [Summers, Romer, Bernstein, Orszag, Goolsbee Volker and Rouse] [source: News Reports/Tracking]

HEALTH INSURANCE PREMIUMS: Health insurance premiums (family coverage) up 9% this year and 12.7% from 2009
[source: Kaiser Family Foundation]

MEDIAN INCOME: Real median household income in the U.S. in 2010 was $49,445, a -2.3% decline from 2009 [source: Census Dept]

ENVIRONMENTAL PROTECTION AGENCY: Spent more than $26 billion on the EPA – FY2011’s spending will be about 40% more than FY2009 [source: Treasury and OMB]

Ethics Not on the Menu for Scalia & Thomas

From 1999 - Banks will say "We're gonna stick it to you"

quantumushroom says...

Nonetheless, Congress repealed the law and the nation suffered the tragic consequences of the 2008 financial crisis about a decade later.

It may be implied that the repeal of Glass-Steven Seagal led to the 2008 crisis but evidence is scant.

"The legislation was signed into law by President Clinton on November 12, 1999. Clinton's support of the repeal is revealed in the following statement by a Goldman Sachs partner Robert Rubin, Bill Clinton’s Treasury Secretary"

“The banking industry is fundamentally different from what it was two decades ago, let alone in 1933.” He said the industry has been transformed into a global business of facilitating capital formation through diverse new products, services and markets. “U.S. banks generally engage in a broader range of securities activities abroad than is permitted domestically,” said the Treasury secretary. “Even domestically, the separation of investment banking and commercial banking envisioned by Glass-Steagall has eroded significantly.”

And in his own statement upon CLINTON signing the act into law:

"“Over the past seven years we have tried to modernize the economy. And today what we are doing is modernizing the financial services industry, tearing down those antiquated laws and granting banks significant new authority.”

Moment of truth on msnbc - Take money out of politics OWS

Winstonfield_Pennypacker says...

"A democracy cannot exist as a permanent form of government. It can only exist until the majority discovers it can vote itself largess out of the public treasury. After that, the majority always votes for the candidate promising the most benefits with the result the democracy collapses because of the loose fiscal policy ensuing, always to be followed by a dictatorship"

This is the inevitable future. The federal government is not going to self-correct. It will simply keep coming up with scam after scheme for as long as it is abetted by voters who refuse to hold the politicians responsible for thier decisions. The problem is not Wall Street. It is a corrupt political system which panders to a variety of corrupt audiences. Really, the OWS guys should be joining the Tea Party if they really want to accomplish something positive. Sadly, the OWS crowd has been coopted by so many fringe kook groups that it is no more than a clown car at this point.

Woz's $2 bill sheets

Grimm says...

Steve's a prankster...a nerd prankster...but a prankster. I know from older interviews that he buys uncut sheets of money from the U.S. Treasury. It's just one of those things the Treasury does that most people don't know or care to know about. http://www.moneyfactorystore.gov/uncutcurrency.aspx

Unless this is something totally different I think he's just pulling our leg a little. If you listen to how he words it he says he has a local printer make the pads...but that he got them the supplies from a "higher quality printer"...code for the U.S. Treasury.

Bernanke on Occupy Wall Street

NetRunner says...

>> ^GenjiKilpatrick:

>> ^Yogi:
The people at fault are very much alive because they could've done something to prevent it years ago. They're in Obamas cabinet now.

@NetRunner
One word. Geithner.


I have less kind things to say about Geithner than I do Bernanke, but let me use my comment above as a template for Geithner:


Geithner became Treasury Secretary in 2009. The housing bubble had already burst, and the bank collapses had already begun.

To say he "created" the 9% unemployment rate is flat out delusional.

I'd accept "He could've done more" or even "I think he's done the wrong thing in response", but accusing him of intentionally initiating the whole thing? Wholesale insanity.

I'll add in that I think there's room to make a case that Geithner was and is fighting for the wrong side in all this (banks vs. people). But I don't really think there's room to make Geithner into some mastermind who initiated this whole situation intentionally.

The Neoconservative Base Attacks Ron Paul

blankfist says...

When Ron Paul says he's for limited government and fiscal responsibility, he practices what he preaches:

Congressman Ron Paul has continued to run his Congressional office in a frugal manner, and was able to return more than $100,000 from his allotted office budget to the Treasury this year, an increase over the $90,000 returned last year.

“Since my first year in Congress representing the 14th district I have managed my office in a frugal manner, instructing staff to provide the greatest possible service to the people of the 14th district at the least possible cost to taxpayers,” said Paul.


If only his other congressional colleagues took their stewardship of your hard-earned tax dollars so seriously.

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