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  #21 (permalink)  
Old 09-17-2007, 06:09 AM
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Default ...

What's the shock?
Bill was one of the only liberals of our time to understand the benefits of free trade and the need to cut back on spending. He was open to economic ideas and managed to still hold on to liberal values of the common good.
Bush is a religious populist and a loyalist to his rich friends... somewhat of a conflicting idea... but it really does define most of his domestic policy.
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  #22 (permalink)  
Old 09-17-2007, 11:16 AM
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Default The link isn't the only thing gmb forgot in the post

Although the left wing NY Times is more to blame in yet another case of biased reporting. Here, I'll do the NY Times job for them and fill in the blanks. The biased Globe was a little better.

Quote:
While condemning Democrats, too, for rampant federal spending
Quote:
He adds three pages later: "I don't think the Democrats won. It was the Republicans who lost. The Democrats came to power in the Congress because they were the only party left standing."
That said...I agree with him that Bush isn't fiscally responsible. And that congress under the R's lost their way and weren't the party of fiscal conservatives they once were.
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All you need to know about the energy crisis:
ANWR Exploration Republicans: 91% Supported. Democrats: 86% Opposed.
Coal-to-liquid R's: 90% YES. D's: 78% NO.
Oil Shale Exploration R's: 90% YES. D's: 86% NO.
Outer Continental Shelf Exploration R's: 81% YES. D's: 83% NO.
Increased Refinery Capacity R's: 97% YES. D's: 96% NO

SUMMARY: 91% of House Republicans have historically voted to increase the production of America’s own oil and gas. 86% of House Democrats have historically voted against.
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  #23 (permalink)  
Old 09-17-2007, 04:10 PM
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Default Cutting the interest rate was needed to stimulate economic

Quote:
Originally Posted by Blade";p=&quot View Post
Greenspan has no standing to criticize others. He cut the federal funds rate to 1% after 9-11, and talked up adjustable mortgages in 2004 - both acts set the ground work for the current subprime loan fiasco, which in turn is pulling down the stock market and house values.
Cutting the interest rate was needed to stimulate economic growth. The sbprime fiasco was basically a result of poor business practices.
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  #24 (permalink)  
Old 09-17-2007, 09:22 PM
gmb92 gmb92 is offline
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Default .

Quote:
While condemning Democrats, too, for rampant federal spending
Wow, you can't even complete the sentence or post the link.

Quote:
While condemning Democrats, too, for rampant federal spending, he offers Bill Clinton an exemption. The former president emerges as the political hero of "The Age of Turbulence: Adventures in a New World," Greenspan's 531-page memoir, which is being published Monday.

Greenspan, who had an eight-year alliance with Clinton and Democratic Treasury secretaries in the 1990s, praises Clinton's mind and his tough antideficit policies, calling the former president's 1993 economic plan "an act of political courage."
http://www.boston.com/news/nation/wa..._his_new_book/

Ah, the 1993 Deficit Reduction Act, which mainly increased taxes on the wealthy, contributing to a budget surplus and lower interest rates by decade's end:

http://en.wikipedia.org/wiki/Omnibus...on_Act_of_1993

On the irresponsible and budget-busting tax cut:

Quote:
He says, "Little value was placed on rigorous economic policy debate or the weighing of long-term consequences." The large, anticipated federal budget surpluses that were the basis for Bush's initial $1.35 trillion tax cut "were gone six to nine months after George W. Bush took office." So Bush's goals "were no longer entirely appropriate. He continued to pursue his presidential campaign promises nonetheless."
Perhaps a more modest tax cut proposal would have been more appropriate.

http://www.cnn.com/ELECTION/2000/res...re.they.stand/
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  #25 (permalink)  
Old 09-18-2007, 07:32 AM
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Default Jonny, I forgot you were there...you may go now

Quote:
Originally Posted by gmb92";p=&quot View Post
Wow, you can't even complete the sentence or post the link.
Forgot the link and the complete sentence changes something? Nope, it doesn't. It was already posted by you, why would I repeat your post. The intent was to provide what you and the NY Times intentionally did not. That being criticism of the dems.

Quote:
Ah, the 1993 Deficit Reduction Act, which mainly increased taxes on the wealthy, contributing to a budget surplus and lower interest rates by decade's end:
No internet bubble, no surplus. Not that there really was a surplus. Funny, you have no problem looking at one item and attributing it to another when it's convenient for you.

Quote:
Perhaps a more modest tax cut proposal would have been more appropriate.
The left, of course, would have criticized that too. And Greenspan along with it. Along with anyone else not on board the redistribution of wealth train.
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All you need to know about the energy crisis:
ANWR Exploration Republicans: 91% Supported. Democrats: 86% Opposed.
Coal-to-liquid R's: 90% YES. D's: 78% NO.
Oil Shale Exploration R's: 90% YES. D's: 86% NO.
Outer Continental Shelf Exploration R's: 81% YES. D's: 83% NO.
Increased Refinery Capacity R's: 97% YES. D's: 96% NO

SUMMARY: 91% of House Republicans have historically voted to increase the production of America’s own oil and gas. 86% of House Democrats have historically voted against.
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  #26 (permalink)  
Old 09-18-2007, 06:39 PM
gmb92 gmb92 is offline
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Default .

gmb92 wrote (View Post):
Wow, you can't even complete the sentence or post the link.

Quote:
Forgot the link and the complete sentence changes something? Nope, it doesn't. It was already posted by you, why would I repeat your post. The intent was to provide what you and the NY Times intentionally did not. That being criticism of the dems.
You're a little confused. I didn't post a link or quotes from the Boston Globe article. It was news to me. Thanks for the selective partial sentence, though. It was enough to Google the article.

Quote:
Ah, the 1993 Deficit Reduction Act, which mainly increased taxes on the wealthy, contributing to a budget surplus and lower interest rates by decade's end:

Quote:
No internet bubble, no surplus. Not that there really was a surplus. Funny, you have no problem looking at one item and attributing it to another when it's convenient for you.
I'm not disagreeing with that. That's why I said "contributed". And the tax hike on the wealthy certainly didn't curb aggressive economic growth. The economy in fact grew too fast. To correct you, though, we had an $86 billion surplus by 2000. If we include the social security surplus as the Bush Administration and the media usually includes to boost their number, the number jumps to over $230 billion. See the CBO data.

Quote:
Perhaps a more modest tax cut proposal would have been more appropriate.

Quote:
The left, of course, would have criticized that too. And Greenspan along with it. Along with anyone else not on board the redistribution of wealth train.
The CNN link I posted shows Al Gore's modest tax cut proposals aimed at the working and middle class. Perhaps you should read it. Here's another one by Obama today.

http://www.msnbc.msn.com/id/20841935/

At a cost of $85 billion per year, this one isn't so modest. Although replacing the tax cut on the wealthy with one on working Americans will more than pay for itself, we're entering a time when budgets need to be tighter to prepare for the baby boom retirement.
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  #27 (permalink)  
Old 09-19-2007, 09:57 AM
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Default He musta thought it was white boy day. Is it white boy day?

Quote:
Originally Posted by gmb92";p=&quot View Post
You're a little confused. I didn't post a link or quotes from the Boston Globe article. It was news to me. Thanks for the selective partial sentence, though. It was enough to Google the article.
Actually you're confused, I said at the beginning I was filling in the blanks for the article you posted. You're welcome on the sentence, it was all that was necessary to make the point.

Quote:
The CNN link I posted shows Al Gore's modest tax cut proposals aimed at the working and middle class. Perhaps you should read it. Here's another one by Obama today.

http://www.msnbc.msn.com/id/20841935
I've read it and a tax cut is one that everyone gets, not a tax cut that one group gets that is offset by a tax increase for another group. I'll also point out the obvious that a proposal by one doesn't equal a party concensus.
__________________
All you need to know about the energy crisis:
ANWR Exploration Republicans: 91% Supported. Democrats: 86% Opposed.
Coal-to-liquid R's: 90% YES. D's: 78% NO.
Oil Shale Exploration R's: 90% YES. D's: 86% NO.
Outer Continental Shelf Exploration R's: 81% YES. D's: 83% NO.
Increased Refinery Capacity R's: 97% YES. D's: 96% NO

SUMMARY: 91% of House Republicans have historically voted to increase the production of America’s own oil and gas. 86% of House Democrats have historically voted against.
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  #28 (permalink)  
Old 09-19-2007, 11:33 PM
gmb92 gmb92 is offline
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Default .

Quote:
You're welcome on the sentence, it was all that was necessary to make the point.
Don't you mean "half sentence", as in:

Quote:
While condemning Democrats, too, for rampant federal spending
Once again, completed, it reads:

Quote:
While condemning Democrats, too, for rampant federal spending, he offers Bill Clinton an exemption. The former president emerges as the political hero of "The Age of Turbulence: Adventures in a New World," Greenspan's 531-page memoir, which is being published Monday.

Greenspan, who had an eight-year alliance with Clinton and Democratic Treasury secretaries in the 1990s, praises Clinton's mind and his tough antideficit policies, calling the former president's 1993 economic plan "an act of political courage."
Quote:
The CNN link I posted shows Al Gore's modest tax cut proposals aimed at the working and middle class. Perhaps you should read it. Here's another one by Obama today.

http://www.msnbc.msn.com/id/20841935

Quote:
I've read it and a tax cut is one that everyone gets, not a tax cut that one group gets that is offset by a tax increase for another group. I'll also point out the obvious that a proposal by one doesn't equal a party concensus.
Which one are you referring to - Gore's tax cut proposal in 2000 or Obama's current one? The vast majority of Bush's tax cuts went to small minority of wealthy Americans. So replacing this one with one that benefits the working/middle class is a good thing. You're right that there is no sheeple mentality in the Democratic party. Some believe that since we are running large deficits once again and we are on the brink of an unfavorable demographic shift, perhaps the tax cut should be more modest and we should go more with something like the 1993 Deficit Reduction act that Greenspan praised. Regardless, it would be irresponsible to put in place a politically convenient tax cut with no plan to finance it other than more borrowing. All but the far right seem to understand this.
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  #29 (permalink)  
Old 09-19-2007, 11:51 PM
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Default .

gmb92 wrote

Quote:
Once again, completed, it reads:

Quote:
While condemning Democrats, too, for rampant federal spending, he offers Bill Clinton an exemption. The former president emerges as the political hero of "The Age of Turbulence: Adventures in a New World," Greenspan's 531-page memoir, which is being published Monday.

Greenspan, who had an eight-year alliance with Clinton and Democratic Treasury secretaries in the 1990s, praises Clinton's mind and his tough antideficit policies, calling the former president's 1993 economic plan "an act of political courage."
gmb92.....You pointed out a fine example of cherry picking, the objective is to meet political needs, not to provide substance.
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  #30 (permalink)  
Old 09-20-2007, 09:38 AM
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Default Rule number three: Never look in the package.

Quote:
Originally Posted by gmb92";p=&quot View Post

Don't you mean "half sentence", as in:

Once again, completed, it reads:
Quote:
While condemning Democrats, too, for rampant federal spending, he offers Bill Clinton an exemption. The former president emerges as the political hero of "The Age of Turbulence: Adventures in a New World," Greenspan's 531-page memoir, which is being published Monday.
1) My point had nothing to do with the rest of the sentence so including it was about as relevant if it had instead read "Greenspan went on to say he likes green bananas."
2) The sentiment in it was already provided by you in your misleading and half story initial post.

This was explained already, but hey, some people need to hear things a few times before it sinks in I guess.

Quote:
Which one are you referring to - Gore's tax cut proposal in 2000 or Obama's current one?
Osama's.

Quote:
The vast majority of Bush's tax cuts went to small minority of wealthy Americans.
You mean an across the board tax cut provides a larger dollar cut to those who pay the most taxes? Gasp!

Quote:
You're right that there is no sheeple mentality in the Democratic party.
True, like abortion for example. Since the party is rife with pro lifers.

Quote:
Some believe that since we are running large deficits once again and we are on the brink of an unfavorable demographic shift, perhaps the tax cut should be more modest and we should go more with something like the 1993 Deficit Reduction act that Greenspan praised. Regardless, it would be irresponsible to put in place a politically convenient tax cut with no plan to finance it other than more borrowing. All but the far right seem to understand this.
Actually the far right understands it more than anyone, which is why the unhappiness with Bush fiscal policies. Not that any of the lefties running for office this go around will do any better.
__________________
All you need to know about the energy crisis:
ANWR Exploration Republicans: 91% Supported. Democrats: 86% Opposed.
Coal-to-liquid R's: 90% YES. D's: 78% NO.
Oil Shale Exploration R's: 90% YES. D's: 86% NO.
Outer Continental Shelf Exploration R's: 81% YES. D's: 83% NO.
Increased Refinery Capacity R's: 97% YES. D's: 96% NO

SUMMARY: 91% of House Republicans have historically voted to increase the production of America’s own oil and gas. 86% of House Democrats have historically voted against.
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