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Here It Comes: Obama Considering Another Fiscal Stimulus
It just never changes:
- OBAMA AIDES SAID TO DISCUSS EMPLOYER PAYROLL TAX BREAK
- PAYROLL TAX BREAK FOR EMPLOYERS AMONG IDEAS TO BOOST HIRING
- ADMINISTRATION CONSIDERING MEASURES AS RECOVERY SLOWS
Bolded bullets aside, good luck passing another fiscal stimulus Dear President when you can't even issue debt without stealing money from government retirees.
From Bloomberg:
President Barack Obama’s advisers have discussed seeking a temporary cut in the payroll taxes businesses pay on wages amid economic reports suggesting the recovery is slowing, according to people familiar with the matter.
The idea, in preliminary stage of discussion, is among several being debated in the administration with the aim of boosting hiring, the people said on condition of anonymity to discuss internal deliberations. The unemployment rate in April rose to 9.1 percent, the highest level this year, and the economy is a main focus of the political debate in Washington.
The discussion reflects the political constraints the White House is operating under with the Republican majority in the U.S. House pushing to cut federal spending. A hiring stimulus based on a tax break for employers may have an appeal to Republican lawmakers, many of whom have called for measures to help businesses.
A temporary break in payroll taxes also would echo a centerpiece of the deal Obama and congressional Republicans reached in December 2010 to extend tax cuts enacted during the presidency of George W. Bush. That package included a 2- percentage-point reduction in employee contributions to the payroll tax during 2011. The tax finances Social Security and Medicare and is divided between portions paid by employers and employees.
Obama said at the White House yesterday that he’s interested in “exploring” with lawmakers from both parties extending some of the stimulus measures that were part of the tax cut package “to make sure that we get this recovery up and running in a robust way.”
The people familiar with the discussions would not characterize how seriously the idea is being considered or whether it’s moved beyond initial discussions. Other ideas that have been discussed -- and rejected, according to some administration officials -- include a temporary holiday on corporate taxes on repatriated foreign earnings.
And what permawrong Wall Street aparathick lemmings gets quoted? Why the man who had the NFP number off by 300%+ Joe Lavorgna of course:
In an analysis released shortly after the December 2010 tax-cut deal, Deutsche Bank Securities economists Joseph LaVorgna, Carl Riccadonna and Brett Ryan estimated that the employee payroll tax cut would boost gross domestic product this year by an additional 0.7 percentage points.
Enter another speechless moment, especially since it was yesterday that we discussed just how worthless the first $787 billion fiscal stimulus really was:
QE 2 Was A Disaster: Here Is Why US Fiscal "Stimulus" Was A Complete Failure As Well
Two
and a half years ago, Christina Romer, then still employed by the Obama
administration in the position of Chair of the Council of Economic
Advisers penned "The Job Impact of the American Recovery and
Reinvestment Plan" - a report predicting the impact of a fiscal
"stimulus" that took out $787 billion from the pocket of American
Taxpayers (subsequently discovered to cost even more)
and put that money...somewhere. We are not sure where, because
according to a chart now made legendary for its complete failure to
predict the future, it sure did not go into creating jobs. Below we
present the original chart that made the January 10, 2009 presentation,
and superimpose upon it the reality of the past two and a half years. It
is simply stunning. And while we are here, and discussing the abysmal
failure of QE2 (the impending arrival of QE3 notwithstanding), it is
amusing to hear the whimpering of the likes of one Richard Koo, who is
now claiming that all along the money from the Fed's monetary stimulus
should have been invested in the form of a fiscal one. Well, Dick, below is the impact of your fiscal stimulus....AND it also includes the impact of $2 trillion in incremental monetary stimulus. Combined, both
fiscal and monetary stimulus has now missed the worst case projection
for US unemployment for 30 months running. Here is the simple truth:
both monetary and fiscal stimuli are abysmal failures, when the economy
is mean reverting to a state where it was hijacked from courtesy of 30
years of "great moderation" - and there is nothing that can be done to
stop it. Correction: there is one thing - the Fed can destroy the dollar
in its attempt to disprove simple physics. And, ultimately, it will.
From the original ARRA proposal:
And the outcome:
Nuff said.
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So they can't even pass the debt ceiling raise and they're going to add even more fiscal stimulus?
Lol, Obama must be an EHM.
gold revaluation.....if they raise the price high enough all the jobs will be coming back we will be on our own oil and there will be chaos for a few years thats all.....the dollar is the new peso.......
a guaranteed way for a lasting stimulus
1> BHO along with the cabinate & senor staff resigns
2> the bernanke & timmah resign
3> pelosi, reid, & frank resign
business & economic sentiment will soar like never before
this must be done as soon as possible
please inform all of the above that it is their duty to step aside and let those that are able and uncorrupted take charge
The Bilderbergers would shvt bricks and piss blood.
Of course we would still have Boner and Wienerschnitzel, (the new Bevis and Butthead),
(Boehner & yes Weiner)
That's pronounced B-AYYYYYY-NUHR, citizen.
My bad, I thought it is was boner, as in woody, better known as Rep. Weiner.
Stickin' it to the peasants since 1913.
I hereby nominate this song for Obama's 2012 Official Re-Election Anthem, so enjoy:
Curtis Mayfield - PushermanIt's just the perfect tribute, and works for The Bernankstain, too! LULZ.
I always liked Brother Have You Got a Dime.
That's good, too.
I also like an Irishman Abroad Telling It Like It Is, though it's prose, and not music, but fantastic nonetheless.
An Irishman abroad tells it like it isI approve of every spending program the federal government can pull out of its ass.
It will make the explosive complete and total economic collapse that much more a spectacular explosion as the entire world collapses in a black hole of debt.
Double nut.
Excuse me. Who are those paragons of whom you speak?
We need to hasten the bankruptsy of the nation - the problem can't be solved. We will have some overdue pain, we can perform a French revoltion on all the big banks and politicains, then pick ourselves up, dust ourselves off and start over
It is that time. Time for the "R"! We need to abolish the Fed. and end fractional banking. Game ON!
Give me a break. The way to help small business is trust busting - start with all those taxpayer subsidies and zero taxes. How the fuck can small biz compete with corps that treat tax as revenue?! End too big to fail/jail.
YA GOTTA BE (straight up and honest)
I don't like spiders, BUT I respect the BITE!
oUCH ' YEN
Why couldn't they all just take a trip to Russia on a Polish jet?
or even a token event like aboloshing the thing known 0bamacare would go miles in creating jobs as the uncertainty of employee expenses would be gone.
What is EHM? Even Huger Moron?
"What is EHM? Even Huger Moron?"
Economic Hit Man from the Charles Perkins book "Confessions of an Economic Hit Man."
Economic Hit Man. The guys who work hard to get developing countries to accept huge social and infrastructure projects with the goal of getting them in so much debt that they default and you can get them to do whatever you want.
See the book "Confessions of an Economic Hit Man".
The developing nations don't bring in enough money to keep this Ponzi boat afloat plus they have a new world order to implement so the financials turned their sites on the American people. Subjugation through debt.
i have read the book and you summed it up nicely. the book really opened my eyes
I'm still trying to figger out this;
"President Barack Obama’s advisers have discussed seeking a temporary cut in the payroll taxes businesses pay on wages..."
I have no earthly idea what that winds up meaning...unless they are going to allow businesses to cut back on their "contribution" to Social Security.
LOL...or maybe reducing our contributions to unemployment, because the states' UE accounts are so flush with cash.
Thought about that after I posted, what the business pays into unemployment insurance...they're still pushing from the wrong direction IMO.
All taxes need to be cut on wage earners right down to the local level...it taking both parents having a job to afford a middle class existence is complete bullshit...I know, I am.
No wonder we got 12yr olds killing people...its fucking ridiculous.
We both know how unbacked fiat ends, so all this is pointless anyways, but we could be a whole lot less stressed as we wait for it ;-)
Sorry friend, but cutting your income taxes won't actually improve your standard of living because you are still competing with other employees. Accordingly, once tax rates changes, wages will adjust to a lower nominal level (but same real income level) as competition among job-seekers drives down wages to the new equilibrium level.
On the flip side, companies would create more jobs because it would be cheaper for them to hire employees.
so they are going to give me a tax break on the employees i don't have any more...now i dont have me one of them phd things but if my phone started ringing than i would hire regardless of the taxes...but wtf do i know, no phd , no fancy beard and... no demand
Every fucking thing else already done has been a failure so in desparation let's try employer tax cuts.
Tax cuts!
Not for the working man, for employers.
It was business tax cuts in Paul Krugman's cubicle by the Obama Administration.
Clueless.
They were all trained at the same academy, I really suspect they are not genuinely evil personally...just fucking clueless.
I believe he said employer payroll tax - that means their portion of social security.
Like Social Security isn't operating at a deficit now either.
WTF, it's all smoke and mirrors anyway.
I didn't think businesses paid taxes anyways. See GE.
Can't they just take clients to some worthless sports game (to artifically inflate prices so much that the proles can only enjoy the bread and circuses from home or once in a blue moon) so they can deduct as a business expense? Or Wall St style, order hookers, blow, and lots of alcohol and call it a business expense.
TBTPT Too big to pay taxes.
Try this little EHM story if called.
Hitmen indeed.
http://aadivaahan.wordpress.com/2011/06/07/bend-your-mind-around-this/
ORI
It is legislation like this that made America great.
He's Brilliant!!!!! God help us! Ugh!
Why is this so fucking impossible for them to grasp? If you want to increase jobs, you must increase demand without cutting supply. How do you do that? By dumping cash into people's hands. No not the rich people, not the upper class or upper middle class. Unemployment payments have been proven again and again to be the biggest boost to the economy so far. Why is that? Because people getting them, spend it! Tax the rich more, kill taxes entirely for everything under 20k a year, remove the cap on FICO taxes, set capital gains tax equal to or higher than income tax levels. Take all that extra money and dump it into the economy in the form of infrastructure improvements and repairs.
As long as you direct the flow of cash driving the economy, you can ensure it primarily goes towards GOOD THINGS. Contrary to GOP idiocy... rich people do not create jobs. Demands of the proletariat are what create jobs, rich people only part with money when forced either by market demand or government regulation.
It's really as simple as that... It's time for all the banks to take a haircut and deal with it, if they don't want to play ball they can be nationalized.
So, you dump cash into the lower lower to lower middle classes, who then go out and buy cheap junk from China. China then improves their infrastructure, builds factories, etc.
The people with the money who would be investing in new plants, new technologies, then invest their money in places with lower tax rates. Eventually, they just leave.
Net job creation here: negative.
Sorry, double post.
You, sir, apparantly are unfamiliar with the concept of Moral Hazard. Unemployment Insurance and Supplemental UI already cover 99 weeks. That is MORE than enough.
Further, central planning is the road to serfdom.
The answer is to cut the burden the parasites impose on the productive. That means cutting spending, reducing government, and cutting taxes. Let the MARKET figure out where to deploy those extra funds, not the central planners.
http://video.godlikeproductions.com/video/WORLD_BANKER_MAKES_STUNNING_CO...
http://video.godlikeproductions.com/video/WORLD_BANKER_MAKES_STUNNING_CO...
Central Planning at its finest from the same ppl who brought you Hitler and
Communism! The zionist money laundry bankstr cartel!
Thomas Jefferson argued that the United States needed a publicly-owned central bank so that European monarchs and aristocrats could not use the printing of money to control the affairs of the new nation. Jefferson extolled, “A country which expects to remain ignorant and free…expects that which has never been and that which will never be. There is scarcely a King in a hundred who would not, if he could, follow the example of Pharaoh – get first all the people’s money, then all their lands and then make them and their children servants forever…banking establishments are more dangerous than standing armies. Already they have raised up a money aristocracy.” Jefferson watched as the Euro-banking conspiracy to control the United States unfolded, weighing in, “Single acts of tyranny may be ascribed to the accidental opinion of the day, but a series of oppressions begun at a distinguished period, unalterable through every change of ministers, too plainly prove a deliberate, systematic plan of reducing us to slavery”. [7[
So even Jefferson saw these plans as plain as day even way back then.
I just don't understand what people don't understand. Theory aside, there is a definite conspiracy afoot and has ben for three hundred years.
Apathy is a bitch. Although I heard a rumor that Ron Paul can cure it...
Why Orly, that is what Cognitive dissonance is for. It's easier to be comfortably numb than to be wide awake.
ORI
Of course but it is harder to be comfortably numb when your entire lifestyle has been stolen from you. That is where all of this is headed. I can see that many, many more people than I ever thought possible are waking up to what is really going on.
For the first time in a long time, I have hope for all people who yearn to live free.
You talk like such a socialist sometimes that I am surprised to see you against central planning. Maybe you only support "good" central planning.
Public, truly democratic central planning is nothing more than a society coherently facing its challenges on the way to providing a decent standard of living fir EVERY CITIZEN.
Fraternity, equality, and liberty (and a good dose of grassroots Austrian economics supported by the state intelligently) is the formula.
Each country develops its own resources and trades for what they don't have. Widespread knowledge of physics and chemistry open up Nature's bounty for all. No monopolies and especially no private monopolies controlling the money or the other commanding heights of the economy are private wealth but public goods.
That is how you support and grow a truly widespread middle class.
Direct democracy through a secure forum online is how it is supposed to be. One citizen one vote, no politicians stealing our ppl's and our countries potential or giving away its wealth to foreigners.
"Direct democracy..." is the quickest path to the tyranny of the majority on the minority.
Hear here!
There is always going to be hierarchy and I can accept that, but in order to keep it under control the lower class must always resist.
Central planning can never allocate resources better than markets. Millions of people each acting in thier own self interest act as a filter. Central planners, no matter how "intelligent", can never know what the people need or want better than the people themselves.
But that has never been what central planning was about. That was just an oxymoronic smoekscreen to put most of the masses back to sleep. The purpose of central planning is not to allocate resources to meet the needs or wants of the people, but to meet the needs and wants of the rulers. duh.
Of course, it is also known to simply not work very well even for its true purpose.. but there will always be a supply of shortsighted greedy aspiring despots who are willing to give it a try.
By the way... Go Dallas Mavericks! I hate that punk Labron.
Plato approves this comment.
Lose The State and you're sniffing around in the right direction :-p
The problem stems from a broader perspective and the administration's lack of an explicit plan to deal with future budget deficits and with the exploding national debt. This creates uncertainty about future tax increases and interest rates that impedes spending by households and investment by businesses. The national debt has jumped to 69% of GDP this year, from 40% in 2008. It is projected by the Congressional Budget Office to reach more than 85% by the end of the decade, and to keep rising after that. The reality is even worse since ObamaCare alone will cost more than $1 trillion in its first 10 years. The president's boast that his health legislation would not "add a dime" to the national debt was possible only by combining that increased spending with proposed new taxes and with projected cuts in Medicare spending that will never occur. A short term hit of payroll tax stimulus heroin may juice equities for a day or two and give Oblahma a micro bump in the polls, but doesn't change the big picture one bit.
It's like watching a bunch of chimps randomly pushing the buttons on the Bridge, and going "ape" every time the lights blink! Sooner or later, they'll launch a photon torpedo, or engage the self-destruct of the starship!
+ 1
[Thomas Jefferson argued that the United States needed a publicly-owned central bank so that European monarchs and aristocrats could not use the printing of money to control the affairs of the new nation.]---zaknick
Hi zaknick. I gather the spirit of your post, but some clarification might be helpful.
Jefferson did NOT argue the US needed a "publicly-owned central bank."
I consider the foundation of the Constitution as laid on this ground: "all powers not delegated to the U.S. by the Constitution, nor prohibited by it to the states, are reserved to the states or to the people."... ---Thomas Jefferson Opinion against the constitutionality of a national bank, 02-15-1791. (Addressed to G. Washington)
Therefore, no central bank. Not privately owned, nor publicly owned.
Furthermore, consider juxtaposing Jefferson's life and writings to your socialist posts regarding democracy, central planning, distribution of wealth, social "equality," etc. I think you'll find your position quite opposite that of Jefferson's.
It was America's original globalist, Al Hamilton, who was in favour of a central bank. I remember reading somewhere that Jefferson was adamantly opposed to a central bank in any form.
Hi Orly.
You're right.
It was Hamilton who single-handedly convinced G. Washington to sign the bill authorizing the creation of the First Bank of the U.S., chartered 1791-1811. (Hamilton was Washington's Sec of Treasury. Jefferson was Washington's Sec of State.)
Hamilton's "central bank" mentor was NY Gov Robert Morris. Another misguided central bank champion.
I have a very low opinion of Hamilton.
Whatever your opinion of Hamilton's policies, you must admit that he was a pretty sharp cookie. He was overseeing the financial affairs of a plantation in Bermuda (or somewhere in the Caribbean...) at a very young age (13...?) and had pulled himself up from humble beginnings.
This must have been where he got his ideas of globalism, serfdom and debt. As long as he was the one pulling the strings, he was down with it. Had he been agrarian, as was Jefferson and Washington, I doubt that he would have embraced the idea of a central bank so closely.
It's good to be the King, he figured, but it's even better to be the King's banker.
:D
And let's not forget Hamilton very much admired the European model of a large standing army which required large debts to finance. He made sure the debts of the individual states became that of the federal government thus insuring their subordination to the central federalist planners. Jefferson opposed all these positions.
Dude was alive today he'd be "A-ham" God bless im.
Barry would be better off running for the seat of the UN Secretary General. He knows very well that the brute and ignorant American populace is already upset with the changes he brought to the "Land of the Free, Home of the Brave" (in fact, he will have more power and influence than any head of state in this planet). Time for Mitt to take the post in 2013, so he can teach the herd how to store food during times of tribulation.
. . . as endorsed by Ann Coulter & Rush Limbaugh.
well, at least his religion has masonic roots, he just may "fit in".
You know...we are so fucking far out over the fiscal skis at this moment that I am, indeed, having a speechless moment............................
Now that my speechless moment has passed, I want to thank every dip shit, Apple fucking zombie, every self-esteem chasing non parent, every empathy seeking transsexual, or misunderstood and self absorbed modern American power vanity queen [who is not yet quite satisfied by her career], and whatever other fucking dip shit, emotive freak show that I have failed to mention that helped bring Barack Obama into the White House.
In the end, this whole nightmare chapter in American history may well be solved by the establishment of this man as our President...if only we can cling to God and our God given liberty when this guy absolutely crashes this entire nation.
As I have been saying for quite a long time now, better to live in the post zombie apocalyptic world than to continue to live in this bullshit, corporatized, kleptocracy, banker infested shit hole, pretending somehow that your wife's career is soooooooooooper important, and I am taking a fucking Feng shui class in the evenings, all of us are a twitter over the upcoming release of the green fucking iPhone 9. Fuck me.
I shall now attempt to return to some level of speechlessness, and I apologize to my brethren for my curse infested rant.
I enjoyed it ;-)
By all appearances this (insider discussion) has all the hallmarks of fascism...just trying to "push" demand...but what else is new.
Here's a novel idea...cut the wage earners tax rates!...at the federal, state & local levels...its the cumulative rate of taxation not just the feds...I know, I know...that's some crazy shit right there, but it is something that's never been tried, yet...its not like they can ever go broke, they have a printing press...LOL!
Help for the little people is irrelevant, because little people are irrelevant.
Seems so, at least now we know where they stand.
This whole thing sounds like something his new "advisor" would come up with (Daley)...as if Immelt wasn't bad enough.
c'mon colonel, Jeff isn't it, didn't the little people roll some heads about 200 years ago when the enemy inside the gates pushed it too hard?
'fraid that's what we got here, but at least we got a 2nd helping, save on building those big, messy knife slidin' things...
It's just money, and it's not like we're not in debt to the tune of anywhere from 60 trillion (David M. Walker's figure) to 202 trillion (Laurence Kotlikoff) if one incorporates obligatory demands through 2025, so what's the big deal?
/sarc
Or they could reset all the existing real estate loans to principal only with no interest. That pretty much fixes the banks as far as solvency, the home market, and puts money in people's pockets. It has the added attraction of actually having been done successfully in the past.
Word up!
Its almost like we own them free and clear now if, as socialists say, "we" are supporting FRE & FNM ;-)
Hmmm...this line of thought needs exploration.
Don't apologize Cdad, it's similar to things I've said myself multiple times while polishing off a bottle of wine or two. Sometimes the insanity gets to me so bad the wife has to encourage me not to go play Tiddlywinks on the Interstate while singing songs from my teenage angsty period from the early 80s.
Sometimes I try to rationalize it -- and the only thing I've come up with is that it can't be rationalized. You couldn't make this shit up if you tried. My current problem is trying to see myself through another four years after he gets re-elected; the consolation is that I don't think I'll have to torture myself as much as I did during GWB two terms since I'm a little more prepared this time around.
Take it easy. ;)
Cdad - that may have been the best post I've ever read on here. Let's just enjoy the precious time left where we can post such opinions before it is outlawed in it's entirety.
Sorry, had to junk you for the way you selected certain scapegoats to vent upon, but I will say that I feel your pain. You see I was a life long dyed in the wool FDR democrat who disapproved of some of Bill Clinton's antics but to this day think the economy of the USA not only recovered under him it peaked forever. And given the congress he had to work with that was a bloody miracle.
It did not take all those millions of freaks you spew at, it took exactly four people to install Obama, Donna Brazille, Ralph Dawson, Rham Emanuel, and their ringleader Howard "I have a scream" Dean. Those are the four on the democratic rules committee that decided to disenfranchise the voters of Florida and Michigan thus bringing Hillary Clinton's delegate count below what was needed to win, in spite of the fact that more democrats voted for her in the primaries than for BHO.
That was when I stopped being a democrat, and before anyone jumps to any conclusions I have to say I would never ever under any circumstances no matter how emergent they were cast a vote for a republican, it is just that now I would also never vote for a dem. Keep in mind that FL and MI were taken from the convention because they moved their primary dates forward to the point where the new date made them relevant in the voting. But, four state actually moved their primaries forward, FL, MI, SC, and NV, but SC has only one democratic constituency, the blacks that live there and guess who they favored? So we can't take away their votes. And NV also was in the OBH camp at least outside of union strongholds of Reno and LV, so they got to keep their delegates, but the delegates from rural areas counted for more delegate weight than those in Clinton heavy cities.
Now I do not want to accuse these four people of reverse racism or anything, but do a google image search on them and figure it out for yourself. Two are black, Emanuel is from Chicago and knew Obama personally so would personally benefit from his win, and he has greatly, and Dean has had an axe to grind with the Clinton's since his voice cracked ruining his presidential aspirations in the nineties. Hates their guts in fact.
Lastly, as a Clinton supporter in the last election I can tell you that Obama has NOTHING at all to do with politics, what he amounts to among his supporters is a religion, that is why by any normal standards his presidency would be deemed a total and complete failure by now and the party would be ready to accept his status as Jimmy Carter II, my own brother so believed in him and was so incensed when I tried to ask what the man's qualifications were that we have not spoken since, and I am fine with leaving it at that. At least the Clinton's already had a Washington dynasty and connections they could tap and knew how to get shit done, by now unemployment would be 5% and the budget would be headed in the right direction again, there would have been some hope, but after the first two years of Barry O I have no hope left for America as we knew it. Our best bet at a decent life now would actually be union with Canada and Mexico.
Oh, and for those of you still thinking it should have been McCain get a fucking clue, he did not have from day one ANY chance of winning, anyone run against him would have beat him even worse than Obama did. And lets not leave out the total assholes that consistantly voted for Nadir time after time, way to gut the progressive left dude.
I junked you just 'cause you blamed one side. McCain wouldn't have been any better, for sure.
OK, to each his own. Viva la free speech right?
Some people truly believe in either a) Republicans, or b) Democrats.
They actually believe there's a difference (core, not asinine, theatrical 'wedge issue' drama for show) between them, or more importantly, that they actually represent different interests or seek different goals.
Deep Capture. They don't understand Deep Capture. They think the notion of a complete and total corpocracy is "conspiracy talk."
Clinton was a lucky schmuck.
The Congress from '94 to '06 was halfway decent.
Carter and Obama represent the nadir of US presidential service.
Clinton signed the China MFN Trading Status into law, which papa Bush had teed up and waiting.
Treasonous bastard. Ross Perot nailed that one.
Ah , new to the Matrix sir? Take a seat.. What you vote on every 4 years is FUCKING IRRELEVANT. got it? Good. Now swallow that fucking red pill.
i junked you cause you still take the puppets seriously - once that red pill goes to work, you'll see the strings...
If voting changed anything, they'd make it illegal.
+1
On entitlements?, you forfeit your right to vote. (for more freebies.)
That will solve many problems.
As long as that covers Corporate lackeys receiving corporate welfare, you got a reform plan going!
Nice Rant. Let us know if there exists an arrangement of furniture such that negative energy is funneled somewhere else...
There is. It's the colour violet (purple...). To redirect energy from one doorway and to another room, use purple flowers above the doorway. To keep energy in a room, use a painting with purple in it, etc.
This is allowed in Texas?
Feng Shui? Absolutely. It is an interesting concept that developed aeons ago in ancient China. The words literally translate to "wind water," basically meaning the power of nature.
Originally, it was designed to pick a place to bury the dead so that their spirits could watch over you with the most power from nature. The hills in China were thought to represent sleeping dragons and the most powerful dragons slept facing a certain direction, or along rivers or lakes, for example.
Since then, it has evolved to include how we can arrange our lives to capture the most powerful good energies, while deflecting the most harmful ones. For instance, if your front door faces a certain direction, it should be painted in a certain colour to attract the best energy.
It is really interesting. Does it work literally? Who knows? But using feng shui is most pleasing to the eye and to the sensibility, so there must be at least that going for it.
And that's why they want to keep the masses dumb downed and uneducated. Keep recycling shitty, bought and paid for congressmen, shitty presidents who have never held a real job, and shitty politicos at even the local levels. We have to get our brethren educated or at least knowledgable of what is happening to this country. The Obama Experiment has been an utter failure and it's time to move on. Join the Campaign for Liberty and spread the word about Congressman Paul, be proactive even if it's just your family/friends!
Paul is likable, but now too old (76 in August), and he is a social troglodyte anyway. What the right just has to get past before anything can be accomplished economically or financially is that this is a secular nation with a pluralistic society, what more can be said. Obama is not president because he is the best man for the job (DUH!) but because a majority of Americans just will not subject themselves to the GOP Taliban, every time they get in they alienate a whole new generation of people who do not need to be told how to live their lives or what they can do with their bodies. He has done some wonderful things, but they are all negated by his intrusive stance on religion and "morals" law.
Ron Paul's intrusive stance on religion and "morals" law? You sir don't know what the fuck you're talking about.
pluralistic society? Only in the last 50 years. Before 1960 America was 90% homogeneous. Pluralism was rammed down the throats of the American people by charlatans like Ted Kennedy who promised otherwise. I am calling for secession rather than union, and neither You, Nor starry-eyed masons, nor greedy globalists, and Jew/Zionist NWO power mongers will achieve otherwise without meeting the resistance of millions. Unity through coercion is not a solution, it is the status quo. I demand separation, stability, and social integrity.
You genocidal one-world motherfuckers will transform the whole world into a blood bath.
Union with Canada and Mexico over MY DEAD BODY.
word
I pray for the wisdom of this 76 year old person to lead our poor tired nation.
Think I'm gonna help the empty suit get re-elected. Will speed along the implosion. In the meantime, every penny I earn going into guns & ammo (bought from gun shows or individuals with cash), beans, and portable wealth. Maybe PMs or things that will help us survive the coming apocalypse. We have land that we have owned since before civil war with solid water source. We'll wait these fuckers out until the zombies eat each other and things reset.
Cdad, that was fucking beautiful. You sound like me and my brother when we talk out of earshot of the sheeple dipshits. PYPF ( piss your pants funny )...
That was pretty good!
Cdad- You are not alone. Let her rip sometimes lest you take it out on the ones you love.
What I do when I feel the bile in my throat rising and the eyes seeing red is take a walk in a forest away from the virus that is infecting this World, take my shoes off, close my eyes and listen to the stream echo in silence of the valley. Then I know I am not alone and truly rich to be alive and free.
If only the f#@king Ranger would stop arresting me for "vagrancy" and "loitering without just cause" I think I could heal.
That was all good. I liked it. I am normally far more verbose. But I just liked it.
OBAMA is a f*****g idiot ass***e! Temporary measures to a problem seeking permanent solutions will never work. Why would a company hire in the face of weak demand when they know the stimulus will expire? This is nothing but another welfare check to corporations at the expense of all in real terms via the budget deficit and national debt.
He is purposefully seeking the destruction of the American economy for the master money changers at the central banks and their world domination desires.
This is quite a show and would be amusing if it did not have real world consequences.
Hey...this is important...payments to State & Local gov't unions from the last "stimulus scam",runs out on June 30....it's all about the dues payments which get directly funnel into the democrat party coffers....remember...it's for the children
No Child's Behind Left!
Take money and put it in the hands of employers ... who can invest in what? Hiring more people to NOT SELL their crap? Even Walmart needs shoppers, not more employees. Employers, mark my words, will just keep the money. That's what banks did with the stimulus / bailout / free roll and carry curve ... kept it because they know how much crap they still have on their books ... and why loan money?
Never go full retard.
Is it just me or did the Dems just propose covert social welfare?
Is it just me or did the Dems just propose covert social welfare?
Is it just me or did the Dems just propose covert social welfare?
Covert? To the Ignorati, perhaps; but not to someone paying attention!
I don't see that there is a choice - it's a politicians gambit.
Do nothing - get blamed for inaction
Do something - get blamed for making a bad decision
Who would want to be president eh? A billion people who are adamant they know the answers - and yet not one of them has to take responsiblity for those suggestions.
If I were him I'd impeach myself and hand the reigns back to Bush - it's his mess, let him sort it out.
if it has the word "temporary" in any proposal, it's worthless
And not valid like "transitory", "soft patch", slow patch".
Weather.
Don't forget weather.
All fucking weather.
Thank Al Gore for inventing global warming. Shoulda stayed with the Internet when he had a chance.
Weather.
Is Alberts second chakra still all impacted and rotting? Maybe he needs to invent something practical like a chakra douche.
There is nothing more permanent, than a temporary government program.
+1
Buy ETFs!!
What does that mean for Christ's sakes???
FED (if QE3) = BoJ (Frontrun the cocksuckers)
Do your own research.
good to see ya brother...
Tryin' to sneak in under the radar...
I seent ya!
What is the avatar, though? Looks like a bear eating his tail.
..looks like a spitoon or a horn of plenty with no fruit. Best to the Cheeky one anyway !
Bowls eye view of O'Bummer takin a big freaky dump? Phht, who knows...kinda creepy tho.
Looks more like a bowel movement of sorts.
Nice to see you back Cheeky even though it's your usual "drive by"!
C/B,
The market (ETFs) will know way better than to bite on QE3-a/k/a/ disaster for equities, but for a week or so. What is your logic?
Nothing else to left to monetize. They can either up the debt buying, or diverse and include new asset classes. And since stocks are a big no-no, and SPs are/were mostly eradicated from bank's BSs, the only thing left is ETFs and/or muni bonds. CMBS could also be monetized (but via intervention into indexes a la GS in late 06/early 07 with ABX series). Also, BoJ started ETF monetization when nothing else was left to buy. So, I presume the FED would do the same. Maybe pick financials first. Just thinking out loud, nothing definitive in my semi-serious comment.
Yes they will probably try this but it didnt work for the BoJ and it wont work for the Fed. Some things you just cant alter - the true trend of the market will reveal itself regardless what the money printers do (i dont believe blowing up their reserve currency status is top of the agenda or sinking the economy into Mad Max with 200 dollar oil ...yet....so get set for lower asset prices regardless what ETFs the Fed buys)
Munis are what they'll monetize next. Almost certainly.
Sorry to have junked you, it was an accident, a misclick, just thought you would like to know.
No problem.
"Extra Title(III) Firearms"...yeah, that's the ticket...
Hoover Redux
Ron Paul: “I’m running against John Maynard Keynes.”
http://www.lewrockwell.com/
Damn I respect you!
Yen Cross.
**Disclaimer** One must convert all their cash into Treasuries to be eligible.
You got to be kidding me.
But I know you are not and that really pisses me off, too.
good - some extra money for Ipad 3
Interesting how this is a tax cut "for employers" but I see no tax cut for the employees. Needless to say that this will do nothing to increase hiring since the people that buy the useless shit that drives this economy will be, once again, taking it right in the ass and seeing no benefit from this (and not even so much as a courtesy reach-around)...but it will certainly help offset the margin compression corporations are experiencing thanks to policies JUST LIKE THIS.
Oh....my.....god
Obama really likes being president. He'd spend $20T (of not his money) for another 4y term of golf.
Yeah he probably doesn't get in 40 rounds a year as a professor.
Why does no one ever talk about where the deficit spending comes from? The pension thing is all smoke and mirrors as it does not exist. The only thing I find disappointing about this whole situation is the price of gold. It really should be well north of 2K as of now.
He's not a professor.
Hell, we don't even know what courses he took or his grades whilst in some college here or there or otherwhere.
Professor, my ass.
He's a community organizer. For which there wasn't even a fucking job description before he showed up from the middle of nowhere.
Go figure.
The non-professor did it to the middle class up the ass in the early 2000's.
Clueless.... New and Revised Edition
Plus Obama loves taking vacations using Air Force One!
Fly the taxpayer subsidized friendly skies.
Buzz, minus 5.
That should hook ya up!
YEN
I'm at peace with whats happening. There is no point in letting this false reality poison me any further.
Prepare for what is coming and in the meantime get fucked up.
Are you God?
Just an individual who is sick of letting this shit depress me.