Fact: If Barack Obama is reelected we are headed into a severe recession during 2013!

Discussion in 'Current Events' started by James Cessna, Jan 22, 2012.

  1. James Cessna

    James Cessna New Member

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    I have concluded If Barack Obama is reelected, we are headed into a severe recession during 2013.

    The reason I say this is because a number of professional economists have made the conclusive argument that unless the economic policies of Obama and the Democrats are reversed and changed, the result of Obama's policies will be another severe recession in 2013.

    Unfortunately, this new recession will make the results of the future Obama years look very similar to what our nation experienced during the 1930s. That should come as a surprise to anyone, because Obama is clearly modeling “his administration and its policies and political strategies on the Franklin Roosevelt years”.

    There are several economic factors that wil easily lead to a recession in 2013 if Obama is relected.

    First, already included in our current laws are increases in the top tax rates of virtually every major federal tax that most individuals and corporations will pay. This is because the tax increases of Obamacare become effective in 2013, and Obama has refused to renew the Bush tax cuts when they expire next year for the nation’s small businesses, job creators and investors.

    Unfortunately for all of us, if the Bush tax cuts expire “just for singles making over $200,000 per year, and couples making over $250,000, in 2013 the top two income tax rates will jump nearly 20%. Also, the capital gains tax rate will soar by nearly 60%, the tax on corporate dividends will nearly triple, and the Medicare payroll tax will leap by 62% for almost all taxpayers.”

    These new taxes on the American workers will be in addition to the U.S. corporate income tax rate, which remains the highest in the industrialized world. Yet under President Obama, there is no new tax relief in sight for these increases. “Instead, he continually proposes still further tax increases on American business. Indeed, President Obama is already campaigning all over America for still further tax increases, on top if his 2013 increases." These new taxes will further serve to drive American jobs overseas.

    A second significant cause for a major recession in 2013 is the “blizzard” of new regulatory costs and barriers to new employment that will be imposed by the Obama Administration. For example, "the EPA is effectively imposing 'cap and trade' by administrative regulation under the Clean Air Act, which alloes them to do so without the need for Congressional approval."

    The third and final cause for this coming recession is the fact that "the EPA is joining with the Interior Department to prevent the private sector from exploring and engaging in traditional American energy production." Traditional energy production is an area of U.S. economic activity that typically and reliably creates hundreds of thousands of good, highly-skilled, well-paying jobs.. Also, and this is a double-whammy, the new regulatory burdens from Dodd-Frank are scheduled to become effective, as are the regulatory burdens of Obamacare, including the onerous employer mandate, "which is already discouraging many small business owners from hiring new people and creating millions of new jobs."

    Here is are two wonderful summaries of the state of our economy and a discussion of the aftermath of earlier recessions our nation has had to recover from.

    "No one has a crystal ball to predict exactly when the next recession will come or its precise impact. On average they occur every 5 years, and 2013 would be the fifth year since the 2008 recession. We need to be prepared for the inevitable."

     
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  2. DonGlock26

    DonGlock26 New Member Past Donor

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    James, there is no doubt about it. This president is toxic to economic growth and job creation.
     
  3. fiddlerdave

    fiddlerdave Well-Known Member Past Donor

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    Nothing like unattributed quoted BS "facts" to make a phony point!

    This IS the Right Wing! Spinning realities from the most gossamer of fantasy material!
     
  4. Frowning Loser

    Frowning Loser Banned

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    Hot sweaty desperation would force conservatives to declare that B.S. speculation based on gloom and doom is actually fact

    Hoping for disaster in order to win an election won't work.
     
  5. FearandLoathing

    FearandLoathing Well-Known Member

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    You consider Forbes to be unattributed?

    No wonder socialists are so uninformed!
     
  6. FearandLoathing

    FearandLoathing Well-Known Member

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    It is a growing disappointment that the left, the socialist Owebama cult engages in drive bay trolling and refuses to step up to the plate and post anything with substance.

    It tends to prove the accuracy of the assertions being made. If there were counter argument available from accepted sources, one would have to assume that they would be posted as a counter argument.

    So far, in this and so many threads we get only the internet equivalent of the school yard retort "Is not!"


    Pity
     
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  7. fiddlerdave

    fiddlerdave Well-Known Member Past Donor

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    Everything up to the "quote box" is unattributed. There are some quotes "" in the first eleven paragraphs but no source is given, and this is where the point is supposedly made.

    But this is typical BS.
     
  8. PoliticalMama

    PoliticalMama New Member

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    First of all, It's an "OPINION" and I think a GOP president would equal the same thing!

    NEXT!
     
  9. Serlak2007

    Serlak2007 Well-Known Member

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    Using this logic we should be in the greatest depression ever since he was a POTUS for 3 years...
     
  10. Ostap Bender

    Ostap Bender Well-Known Member

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    Still wait, It is difficult to believe that a Communist will give his power away even if he was defeated. In any case Obama will completely destroy America.
     
  11. BringDownMugabe

    BringDownMugabe Well-Known Member

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    Do you know what the difference between Current Events and Opinions are?
     
  12. James Cessna

    James Cessna New Member

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    You are indeed correct, FearandLoathing.

    All the material in "quotes" came from either the first reference or from the second reference.

    The leftists in our group are simply too lazy to carefully read both articles like I had to do and easily verify the material in "quotes" is properly attributed.

    Sad. ...Very Sad.

    [​IMG]
     
  13. CarlB

    CarlB New Member

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    You guys have been saying this for 3 years and it hasn't happened, why should anyone believe anything you say now? Especially when all the economic trends are (slightly) positive now.
     
  14. ptif219

    ptif219 Well-Known Member

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    I take it you mean Obama
     
  15. DonGlock26

    DonGlock26 New Member Past Donor

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    It’s the economy, stupid

    Obama’s quest for a second term doomed by his own policies



    It’s starting to feel a lot like 1992, and President Obama’s re-election team should be worried. At this point in President George H.W. Bush’s term, the president’s approval rating stood at 46 percent. According to Gallup, Mr. Obama’s is doing worse by 1 percent.

    “It’s the economy, stupid” was 1992’s winning campaign slogan, and the message will be just as effective 20 years later. Mr. Obama is stuck defending an economic record far worse than Mr. Bush‘s. The gross domestic product (GDP) grew an average of 4.3 percent over the first three quarters in 1992, while 2012’s growth is expected to be half that rate. Unemployment in October 1992 was 7.3 percent, while Mr. Obama has said that an 8 percent rate by election day is “possible.” Inconvenient truths like these are why the White House is trying to steer the debate into the vaguer arena of class warfare and away from the specifics of Mr. Obama’s unhappy record.

    The Obama White House believes its foreign- policy flank is secure. Twenty years ago, the Bush administration was still riding high on the success of Operation Desert Storm, and Mr. Bush was seen as having the experience needed to manage the chaos following the fall of Soviet communism. As George Stephanopoulos, then the communications director for Bill Clinton, said, “Experience isn’t judgment, and we intend to question the president’s judgment when it is appropriate.” When it comes to poor judgment, Mr. Obama has a lot to answer for.

    The White House can claim to have drawn down the nation’s wars in Iraq and Afghanistan, but the jury is still out whether his actions are making the region or the United States more secure. The world has become less stable since Mr. Obama moved into 1600 Pennsylvania Avenue. The Arab Spring in particular took the White House by surprise, and the administration has yet to articulate a coherent strategy for dealing with the emergence of a robust Islamist political challenge. The Iranian nuclear program proceeds apace. All of the “grand designs” for regional peace that the Obama administration promised in 2009 have failed. American influence in international organizations has waned. A supposed success like the “global zero” nuclear weapons policy is merely window dressing on unilateral disarmament.

    Mr. Obama is hoping the killing of Osama bin Laden will silence his critics, but Mr. Bush had no luck resting on the laurels of his successful war against Saddam Hussein. The same Democrats who accused President George W. Bush of unfairly exploiting the Sept. 11, 2001, attacks for political gain will draw the bin Laden takedown like a gun to promote Mr. Obama. As former United Nations Ambassador John Bolton said, Mr. Obama’s taking personal credit for the bin Laden mission would be like Richard Nixon hyping his intimate role in the 1969 Moon landing “because it happened to occur during his presidency.” These were long-prepared-for events that would have been possible regardless of who was in office.

    The bin Laden killing is a slim reed on which to base an argument for another four years. Mr. Obama can hardly promise he will do it again.


    http://www.washingtontimes.com/news/2012/jan/20/its-the-economy-stupid-4854760/


    _
     
  16. Professor Peabody

    Professor Peabody Well-Known Member Past Donor

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    Just wait till they lower the Obama Care boom in 2014. It mandated each state load up the Medicaid rolls without fully funding it. That means your individual state will bear the burden of paying and no doubt raise taxes to pay for it furthering the recession.
     
  17. ptif219

    ptif219 Well-Known Member

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    No the fact is over regilation by Obama hurts the economy

    http://thebusinesstimes.com/argument-for-what’s-certain-regulations-hurting-economy/

    http://www.winningreen.com/site/epage/121987_621.htm


    http://content.usatoday.com/communi...1/09/GOP-Obama-regs-are-killing-jobs-548766/1
     
  18. fiddlerdave

    fiddlerdave Well-Known Member Past Donor

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    Sorry, the material in open text was NOT "properly attributed".

    If it were, there would have been an attribution there!

    Inside your quote boxes, you had several "attributions", which did properly act as reference for the material immediately preceding.

    But in "your" diatribe, we have no idea what might be plagiarized vs what is copied or what is quoted and where it is from.

    And the point of attributions is to avoid it being guesswork to figure out what is YOUR words and what is NOT, and where information came from.

    A simple link at the end of your speech would have made it all clear.
     
  19. FearandLoathing

    FearandLoathing Well-Known Member

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    Thank you for proving my point as well as that of James Cessna, that the partisan socialist Owebama cult is too lazy or too incompetent to do any research of their own, but merely regurgitates White House talking points.

    And when they can't do that, they troll with inane, vacuous blather.
     
  20. Badmutha

    Badmutha New Member

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    Everything Obama and Democrats support........is anti-business and anti-economic growth........

    I think Jame's contention is closer to spot on rather than far off........
    .
    .
    .
     
  21. FearandLoathing

    FearandLoathing Well-Known Member

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    Was that an apology for being wrong?


    No wait, I read it again. It's a justification and blame transference just like Owebama.

    Phew, I was worried there that a socialist Owebama cultist had grown some stones.
     
  22. Frowning Loser

    Frowning Loser Banned

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    "The opening line at the begining of the thread is: Fact: If Barack Obama is reelected we are headed into a severe recession during 2013!

    Just because you hope and speculate that the doom and gloom scenario will happen doesn't mean it's a fact. Since when is wishful thinking a fact?
     
  23. ptif219

    ptif219 Well-Known Member

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    I have shown Obama is hindering business and keeping us in a down economy with high unemployment. More of these policies and our economy will crash. I believe that is what Obama wants so he can give us a socialist economy
     
  24. frodo

    frodo New Member

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    There is a kernal of fact in James' opening post: There will be a recession in 2013...only neither Obama or a Republican President can stop it.

    Folks, you are witnessing structural change in the world economy. This recession is not some three year "blip" caused by Bush, or Obama or whatever.

    There is no magic cure for what ails you. There is no magic cure that can be delivered by a Democrat or a Republican President.

    It isn't:

    Obamacare.

    Tax cuts.

    Tax increases.

    Welfare cheats.

    Illegal immigrants.

    Gay marriage.

    Hedge funds.

    The Miniimum wage.

    Liberla media.

    Unions.

    Big Government.

    Global Warming.

    Jihadists.

    Iran.

    Europe.

    ..or the host of other bogeymen brought out to scare you. If these issues are anything at all, they are just symptoms.

    The core issue is that American legislatures, at both State and Federal level, have been making rotten decisions, and associated laws, since the end of the Cold war. Before the end of the cold war, the USSR kept America honest.

    Since then however, your "prosperity" has been fueled by a Thirty year debt binge that has masked the central rottenness of the American legislative and electoral system.

    ..And that rottenness is that each and every one of your elected representatives at State and Federal level is bought and sold by special interest groups.

    To put that another way, people buy laws and regulations in America!

    To put that in context, do you think there was a groundswell of public opinion in favour of SOPA and PIPA? Did people acrss the country wake up one morning and say to themselves, "heck, we had better stop people copying DVD's today?"

    Of course they didn't, the Motion Picture industry got out its checkbook and decided to pay lawmakers to protect what it saw as its interests by purchasing itself some legislation - all orchestrated of course by ex senator Chris Dodd who is paid $1.2 million per year to lobby for them..

    But now we get to the critical point; Even if the MPAA is absolutely right in what it says about piracy, that does not mean that SOPA and PIPA are either necessary or good laws.

    WHy? Because legislators need to consider what is in the national interest, not just the MPAA's interests when making laws, and this they steadfastly refuse to do, and its killing the country.

    Considering SOPA and PIPA, it is obvious that "protecting intellectual property" the way the MPAA sees it, would completely destroy free speech in America because the mere allegation (not proof) of copyright infringement is enough to get a website pulled - just ask the Megaupload guys.

    There are at least Thirty years of SOPA and PIPA type laws on the books and they are killing your economy - the disease of course being masked by your debt binge.

    Well it can't be masked forever.

    I don't think you can fix it by getting money out of Politics - which of course is what you should do, followed by wholesale reform of the entire economy.

    What is going to happen is public unrest after it becomes obvious that President Gingrich can't deliver any more than President Obama could.

    After that, most probably comes Fascism and /or Balkanisation, as the prosperous bits of AMerica try to detach themselves from the loss makers.
     
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  25. Frowning Loser

    Frowning Loser Banned

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