Obama's world

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Re: Obama's world

Postby SnoBrdr » Wed Oct 26, 2016 5:31 pm

freeski wrote:Anyone else think the timing of the offensive against ISIS is politically motivated :?:


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Re: Obama's world

Postby madhatter » Wed Oct 26, 2016 6:19 pm

freeski wrote:Anyone else think the timing of the offensive against ISIS is politically motivated :?:
nah, no way this vaunted administration would take a chance on tarnishing its stellar reputation for exemplary honesty.... :roll:
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Re: Obama's world

Postby steamboat1 » Wed Oct 26, 2016 9:34 pm

...
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Re: Obama's world

Postby madhatter » Thu Oct 27, 2016 9:23 am

steamboat1 wrote:...
yup, ideas so good they are mandatory...
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Re: Obama's world

Postby freeski » Fri Oct 28, 2016 11:12 am

Trump has life. "So you're telling me there's a chance".

Great to hear Cankle will be investigated for at least two years if :twisted: elected.
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Re: Obama's world

Postby madhatter » Tue Nov 15, 2016 11:37 am

http://www.zerohedge.com/news/2016-11-1 ... airs-has-d

China Ridicules Obama's Last Foreign Tour: "Washington's Leadership In Global Affairs Has Decayed"

http://www.cnn.com/2016/10/04/asia/phil ... s-breakup/

Philippines' President says he'll 'break up' with US, tells Obama 'go to hell'


seems the world doesn't really have that much respect for the clown prince afterall...

a little serendipity here is watching the agitator in chief get relegated to the asterisk in chief...

congrats hopey dope, you built that... :banana:

meanwhile donald trump continues to have groundshaking effect not even a week after beign elected

http://www.mirror.co.uk/news/world-news ... is-9259834

Trump and Putin vow to tackle ISIS together as they hold breakthrough talks after billionaire's election

http://www.usatoday.com/story/news/worl ... /93876876/

After Trump chat, Putin's airstrikes pound Syria


gone are the days of leading from behind and continually seeking plausible deniability/culpability above all else...

Trump is a true leader...
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Re: Obama's world

Postby madhatter » Wed Nov 16, 2016 11:10 am

mach es sehr schnell

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Re: Obama's world

Postby madhatter » Thu Nov 17, 2016 9:15 am

http://www.zerohedge.com/news/2016-11-1 ... trade-deal

Australia Snubs Obama, Dumps TPP, Opts For China-Sponsored Trade Deal

our clown prince getting bitchslapped everywhere he goes...guess just about everyone is sick and tired of his BS...
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Re: Obama's world

Postby Nikoli » Fri Nov 18, 2016 2:01 am

And the sea will grant each man new hope . . .
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Re: Obama's world

Postby madhatter » Fri Nov 18, 2016 9:16 am

http://www.zerohedge.com/news/2016-11-1 ... pages-2016

Obama Sets New Record For Regulations – 81,640 Pages In 2016

Obama is the only president to ever surpass the 80,000 mark of regulatory pages produced, achieving the feat four times.

President Obama’s Federal Register added 572 pages on Thursday (Nov. 17) alone!

Clyde Wayne Crews of the Competitive Enterprise Institute warns that Obama’s manufacturing of regulations is not over. With the amount of time left in the year, the current pace of rule passage could bring many thousands of more pages.

“No one knows what the future holds, but at a pace of well over 1,000 pages weekly, the Federal Register could easily top 90,000 pages this year. The simple algebra says that at the current pace we’ll add 11,190 pages over the next 44 days, to end 2016 at around 92,830 pages,” said CEI’s Wayne Crews.

“This is astonishing and should be of great concern, and intolerable, to policymakers.” Said Wayne Crews. “It is remarkable enough that the all-time record has been passed before Thanksgiving.”
Crews called on President-elect Donald Trump to make good on campaign promises and cut regulations.

“President-elect Donald Trump could take a page from President Reagan, who brought



meanwhile

A record 94,610,000 Americans were not in the American labor force last month -- an increase of 579,000 from August -- and the labor force participation rate reached its lowest point in 38 years, with 62.4 percent of the U.S. population either holding a job or actively seeking one.



yet the same dopes who thought clinton would win in a landslide think we have record low unemployment... ya simply cannot fix stupid...
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Re: Obama's world

Postby madhatter » Fri Nov 18, 2016 9:23 am

Obama On Pace To Increase The Debt By Stunning $2.4 Trillion This Year

http://www.zerohedge.com/news/2016-11-1 ... llion-year

OK, this is pretty nuts.

According to data released by the Treasury Department yesterday, the US national debt has soared by a whopping $294 billion since the start of the 2017 fiscal year, just 45 days ago.

That’s an annualized increase of 14%.

Image

So if they keep up this pace, the national debt will increase by $2.4 trillion this fiscal year, surpassing $21 trillion by next September.

It’s hard to believe how rapidly the debt is growing; debt growth is far outpacing the growth of the US economy… and there’s no way to pretend that this is good news.

That doesn’t stop leading economists from trying.

Nobel Laureate Paul Krugman says “debt is good” because the US economy has grown so much over the last 200 years despite not having been debt-free since 1835.

This kind of logic is astonishing.

Aside from a few anomalies like World War II and the American Civil War, debt levels over most of early American history were low.

100 years ago in 1916, US debt was about $3.6 billion; as a percentage of GDP (i.e. the size of the US economy), that was about 7%.

Today’s debt of $19,867,119,032,053.28 is actually bigger than the entire US economy at over 106% of GDP.

Image

hat are the good citizens of the United States receiving in exchange for taking on so much debt?

It’s not like the government bought up half of Mexico or colonized Mars.

No, instead they wasted $2 billion on the Obamacare website, most of which went to a company whose top executive just happens to be an old friend of Michelle Obama.

Today, the US government has to borrow money just to pay interest on the money it’s already borrowed. This is almost the textbook definition of bad debt…

In fact, the government now spends nearly all of its tax revenue just on mandatory entitlement programs like Social Security and Medicare, plus interest on the debt.

The real kicker is that Social Security and Medicare are massively underfunded and quickly running out of cash… so they’ll both require a major bailout (i.e. MORE debt).

Interest payments, meanwhile, total hundreds of billions of dollars each year even though interest rates are at record lows.

Today the government pays less than 2% interest on its debt.

Ten years ago in 2006, the average interest rate on US debt was over 5%.

Back then 5% was considered incredibly low compared to the higher interest rates of the 1980s and 1990s.

But today, 5% would bankrupt the US government. It’s pitiful.

So unless interest rates stay at these record lows forever (or perhaps go negative), the government’s interest payments are going to explode.

Debt… particularly bad debt… is an absolute killer.

Excess debt has been responsible for bringing down some of the largest companies in the world. It bankrupts individuals.

And excess debt has caused the decline of some of the largest superpowers in the history of the world.

There are a lot of people, led by their cheerleader Paul Krugman, who outright ignore this problem and pretend that the US government can continue expanding its debt forever without ever suffering a single consequence.

And I know there are a lot of people keeping their fingers crossed hoping that a new administration will steer the ship in the right direction.

Look, I’m all for hope and optimism.

But it’s important to stay rational. These problems aren’t going away.

And you won’t be worse off for having a Plan B that provides solid protection from the consequences of these obvious trends.

Do you have a Plan B?

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Re: Obama's world

Postby Mister Moose » Fri Nov 18, 2016 10:23 am

College students graduating the last 15 years, and especially the last 8 years, have experienced the effect of crushing tuition debt firsthand very early in their lives. The last 8 years they have graduated into a soft job market and have had to adjust their expectations considerably. Their ability to repay their college debt has absorbed a much higher percentage of their income, and resulted in pushing off their first purchase of a home, or even delaying moving out from their parents home. They may emerge as a fiscally responsible voting block that recognizes irresponsible debt and votes against deficit spending in future elections.

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Hopefully they will also understand why the cost of college rose so high so fast.
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Re: Obama's world

Postby madhatter » Fri Nov 18, 2016 11:08 am

Mister Moose wrote:College students graduating the last 15 years, and especially the last 8 years, have experienced the effect of crushing tuition debt firsthand very early in their lives. The last 8 years they have graduated into a soft job market and have had to adjust their expectations considerably. Their ability to repay their college debt has absorbed a much higher percentage of their income, and resulted in pushing off their first purchase of a home, or even delaying moving out from their parents home. They may emerge as a fiscally responsible voting block that recognizes irresponsible debt and votes against deficit spending in future elections.

Image

Hopefully they will also understand why the cost of college rose so high so fast.
more likely that the majority will continue to be whiney babies w masters degrees in basket weaving and 100k in debt they will default on...
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Re: Obama's world

Postby XtremeJibber2001 » Fri Nov 18, 2016 2:45 pm

Mister Moose wrote:College students graduating the last 15 years, and especially the last 8 years, have experienced the effect of crushing tuition debt firsthand very early in their lives. The last 8 years they have graduated into a soft job market and have had to adjust their expectations considerably. Their ability to repay their college debt has absorbed a much higher percentage of their income, and resulted in pushing off their first purchase of a home, or even delaying moving out from their parents home. They may emerge as a fiscally responsible voting block that recognizes irresponsible debt and votes against deficit spending in future elections.

Image

Hopefully they will also understand why the cost of college rose so high so fast.


It's absolutely crazy. I think a lot of millennials (me included, though I argue I am a Gen Xer) are children of baby boomers, many which didn't go to college, or went when tuition was much more reasonable. I don't recall ever having a discussion with my parents, or school guidance counselors, about personal finance/economics of it all. Personally, I remain surprised the public school system / common core does not include classes in personal finance. You essentially have kids going off to college with no real awareness of how their decision will impact the rest their life. Good luck if you choose a subject area with poor job prospects.

Source: My $60k in college tuition amortized over 30 years.
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Re: Obama's world

Postby madhatter » Fri Nov 18, 2016 3:05 pm

XtremeJibber2001 wrote:
Mister Moose wrote:College students graduating the last 15 years, and especially the last 8 years, have experienced the effect of crushing tuition debt firsthand very early in their lives. The last 8 years they have graduated into a soft job market and have had to adjust their expectations considerably. Their ability to repay their college debt has absorbed a much higher percentage of their income, and resulted in pushing off their first purchase of a home, or even delaying moving out from their parents home. They may emerge as a fiscally responsible voting block that recognizes irresponsible debt and votes against deficit spending in future elections.

Image

Hopefully they will also understand why the cost of college rose so high so fast.


It's absolutely crazy. I think a lot of millennials (me included, though I argue I am a Gen Xer) are children of baby boomers, many which didn't go to college, or went when tuition was much more reasonable. I don't recall ever having a discussion with my parents, or school guidance counselors, about personal finance/economics of it all. Personally, I remain surprised the public school system / common core does not include classes in personal finance. You essentially have kids going off to college with no real awareness of how their decision will impact the rest their life. Good luck if you choose a subject area with poor job prospects.

Source: My $60k in college tuition amortized over 30 years.
and that's why there WILL be a high incidence of default...easy gov loans w deferred interest/payment encourage a buy now worry later mentality...it's also allowed tuition to skyrocket...many special snowflakes have never had a legitimate worry in their lives and haven;t even remotely contemplated what it will take to repay those loans...as you said, when later comes ( and it will) you better have gotten an actual education worth the $$$ you are on the hook for, otherwise there's gonna be a lot of dark days and misery in your future...
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