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Listen As Obama Rips Paul Ryan Proposed Budget Apart

Tyler Durden's picture




 

Because as everyone knows, debt is wealth. And as everyone knows even better, it is much better to go 1000 days without any budget whatsoever. Finally, what is truly best in life is to have your own budget, Mr. President, get voted down 414-0 in Congress, even as Congress (i.e., the body representing the US population) passes the Ryan budget.

In other news, this:

 

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Tue, 04/03/2012 - 12:41 | 2313379 Dr. No
Dr. No's picture

Wait, isnt Figure 1 the same graph they used to show jobs creation with/without the stimulus?

Tue, 04/03/2012 - 12:51 | 2313429 Sudden Debt
Sudden Debt's picture

Thats because every graph points up.

Tue, 04/03/2012 - 13:05 | 2313493 tarsubil
tarsubil's picture

This is political theatre.

"Oh, look serfs, I was trying to balance the budget but those big bad Democrats got in the way."

"Oh, look serfs, those big bad Republicans tried to take away your benefits but I stopped them."

I have as much regard for Paul Ryan as I do Obama. If his budget had a chance, it would have looked a lot different. It was endorsed by Mitt so that should tell you all you need to know.

Tue, 04/03/2012 - 13:13 | 2313540 NotApplicable
NotApplicable's picture

Wow, looks like you've annoyed some serfs. LOL

Tue, 04/03/2012 - 14:14 | 2313829 covsire
covsire's picture

There ARE politicians with some good ideas.  Bashing a plan outright and not even on it's merits does nobody any good.  Ryans plan is better in every way than Obama, to say we should just not care is just being a cynical a-hole.  Cynical a-holes won't get us out of this mess, that is a certainty.

Tue, 04/03/2012 - 14:54 | 2314046 tarsubil
tarsubil's picture

Yeah, he takes Obama's budget and cuts about 15% off for supply side super growth to finish off the remaining 80% of the deficit, never mind about the 16 trillion in debt we already have. Do you honestly believe this is going to work? Give me a break. Paul Ryan is a con job pushed out by the Republican establishment for blue pill neocon/tea partiers.

Oh hey! He balances the budget in 2060! The debt starts to go down in 2045!

http://www.roadmap.republicans.budget.house.gov/Plan/Charts.htm

ARE YOU KIDDING ME?! WAKE UP!!!

Tue, 04/03/2012 - 16:08 | 2314424 covsire
covsire's picture

Hey, i'm ready for the zombie apocaplypse, but instituting a "tear it off like a bandaid" plan isn't going to happen.  Not with how in bed the media and hollywood is with the left.  You would see mini-series after mini-series of the poor dying wenches who can't get their abortions paid for by the born-again Christians down the street paraded as sob stories all over the place.  Not to mention all the food stamps and welfare checks that would now ruin all our poor children.  Forget it, it's not going to happen.  Not with Obama certainly, not with NYT/CNN/MSNBC at the helm of the media either.

Tue, 04/03/2012 - 16:35 | 2314522 pods
pods's picture

Left, right, left, right.............Fail.

Tue, 04/03/2012 - 15:22 | 2314207 Toolshed
Toolshed's picture

Oh dear, I am sure you are right and the politicains with "good" ideas will save the day (provided their financial backers have given said "good" idea their stamp of approval). I want some bales of what you have been smoking. Ryan's plan sucks ever so slightly less than Obama's, MAYBE, and that makes it a potentially good idea? I say bash every politician and every politician's "good" (or otherwise) idea you can find with a heavy blunt instrument. Now THAT is a good idea my friend!!

Tue, 04/03/2012 - 15:27 | 2314229 macholatte
macholatte's picture

 

 

 

You can convince wrong people.

Michelle Obama to kids: Tell grandparents they are 'wrong' for not voting for my husband

http://www.wncoam.com/cc-common/news/sections/newsarticle.html?feed=104707?feed=104707&article=9988382#ixzz1r6a8InwC

Tue, 04/03/2012 - 13:21 | 2313550 gangland
gangland's picture

"what is truly best in life is to have your own budget"

http://www.youtube.com/watch?v=hikLjcwFdD8

obama! what is best in life?

crush congress! see it driven before you! and hear the lamentations of its members!

 

Tue, 04/03/2012 - 13:35 | 2313641 blueRidgeBoy
blueRidgeBoy's picture

way to pick up the Conan reference and run with it

Tue, 04/03/2012 - 14:29 | 2313911 AgShaman
AgShaman's picture

Do you think he has a small Asian man somewhere....doing his crying for him?

Tue, 04/03/2012 - 15:20 | 2314195 Putty
Putty's picture

well done

Tue, 04/03/2012 - 14:05 | 2313773 Cadavre
Cadavre's picture

Thats because every graph points up.

Correcto mundo - totally agree - looks like a revenues forecast for a dot com business plan placement (before the pop).

Tue, 04/03/2012 - 12:41 | 2313380 francis_sawyer
francis_sawyer's picture

Community Organizing 101...

Tue, 04/03/2012 - 13:47 | 2313697 strannick
strannick's picture

'Community Organizing' sounds so much nicer than 'Indoctrination'

Tue, 04/03/2012 - 12:42 | 2313386 vast-dom
vast-dom's picture

in an alter-world jail time for the prez bernank and all of these goons. 

Tue, 04/03/2012 - 13:08 | 2313518 Ivanovich
Ivanovich's picture

Perhaps I can punch a hole into that world and step through quietly?

Tue, 04/03/2012 - 12:43 | 2313389 mayhem_korner
mayhem_korner's picture

 

 

Forgive him, for he knows not what he says.

Tue, 04/03/2012 - 12:45 | 2313397 PaperBear
PaperBear's picture

I had to mute the volume, who listens to these chumps any more ?

Has President Obama been asked about Ron Paul's 1 trillion cut to the budget in the first year ?

Tue, 04/03/2012 - 12:45 | 2313399 Cdad
Cdad's picture

Seriously, who writes this pap?

Tue, 04/03/2012 - 12:55 | 2313449 Cdad
Cdad's picture

OMG...budget cuts will result in less accurate weather forecasts.  <Cdad stabbing himself repeatedly in the ear with an ice pick>

Tue, 04/03/2012 - 13:13 | 2313537 tarsubil
tarsubil's picture

It is just gibberish. There is no point in even listening to this schumer.

Tue, 04/03/2012 - 14:25 | 2313897 Cadavre
Cadavre's picture

Seriously, who writes this pap?

Was gonna say Alfred E Neuman - but then remembered he can (actually) read a P&L. Maybe Durden wears a "contraran" hat and moonlights to write columns for Obama's budget officer?

"Vote Yes Bailout Trillions Bleeding Heart" Ryan calling anything that "Vote Yes Bailout Trillions Bleeding Heart Obama" pretend a budget offers a bit like call the pot calling the kettle black.

4 - 5 years since last budget (that excluded, of course, trillions off book psyops, dark ops and our executive's Peace Prize Ghoul's DoS merc and torture kiddy killer porn shop!

What do we pay these guys for anyway? To fill a CSPAN time slot? The only thing politoco gov employees are s'posed to do is a busget - they been doing every fucking thing else except a budget for 4 or 5 years.

When they begin a process to repeal "eminent domain", gutting time is here. 500 girlie boys get plugged deep where the sun don't shine by 300 Million exceptionally disgruntled Wal Mart electronics aisle browsers.

America, America,

   God take a shit on thee!

 

Tue, 04/03/2012 - 12:45 | 2313400 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

This is a replay of an '08 campaign speech, right?  Because I am pretty sure he has had 3 years to rebuild infrustructure, but indtead bailed out the Major Banking Houses, gave loans to Libya, and paid Michelle to fly around the world dozens of times on vacations.

Tue, 04/03/2012 - 13:07 | 2313511 francis_sawyer
francis_sawyer's picture

Michele must be back from the vacations and is busy serial junking evey comment on this thread...

Tue, 04/03/2012 - 15:20 | 2314201 macholatte
macholatte's picture

 

The Queen of Amerika hasn't scratched her nail polish touching a key board in at least 3 years.  She has 22 assistants who do it for her.

Tue, 04/03/2012 - 12:45 | 2313401 Burr's 2nd Shot
Burr&#039;s 2nd Shot's picture

Strawman, Strawman, Appeal to Authority, Strawman, Non-Sequitur.

Did I miss a fallacy in there somewhere?

Tue, 04/03/2012 - 12:49 | 2313403 Sudden Debt
Sudden Debt's picture

"Oops! ...He Did It Again"

yeah yeah yeah yeah yeah
Yeah yeah yeah yeah yeah yeah

I think He did it again
he made you believe he was more than just friends
Oh baby
It might seem like a economic crash
But it doesn't mean that He's serious
'Cause to lose all your senses
That is just so typically him
Oh baby, baby...

Tue, 04/03/2012 - 13:14 | 2313543 pods
pods's picture

I'd rather hear the Trailer Park Princess sound off on ANY topic, as opposed to this.

pods

Tue, 04/03/2012 - 12:47 | 2313408 Rainman
Rainman's picture

" In this country, broad based prosperity was never the result of the efforts of a wealthy few "

Really...?? I guess now Ford and Carnegie never existed....to name just two.

Another Obama revision of American history.

Tue, 04/03/2012 - 12:59 | 2313466 grey7beard
grey7beard's picture

>> I guess now Ford and Carnegie never existed.

 

I'll give Ford the nod, but Carnegie?  Read a little history.

Tue, 04/03/2012 - 13:08 | 2313513 Rainman
Rainman's picture

US Steel never created prosperity for the middle class ?? Dream on. Carnegie was a parsimonius rascal, but he made millions of uneducated immigrants prosperous beyond their dreams....even if he didn't do so willingly.

Tue, 04/03/2012 - 17:20 | 2314627 GernB
GernB's picture

Perhaps, but the statement was not that Carnegie was a good guy. It was that he created prosperity. So the question is: did he provide goods and services that enhanced the lives of the masses at a price they could afford to pay?

Tue, 04/03/2012 - 13:13 | 2313533 lolmao500
lolmao500's picture

Carnegie was scum.

Tue, 04/03/2012 - 12:48 | 2313409 mbasham
mbasham's picture

Usual ignorance on your part of the facts. Two trillion dollar plus wars, and unpaid for Part D Medicare plus tax cuts for the uber rich is why we are where we are., so fuck off 'Tyler", eat my shit.

Tue, 04/03/2012 - 12:50 | 2313425 mayhem_korner
mayhem_korner's picture

 

 

You mean facts like Barry's college degree or inflation running at 2%?

Tue, 04/03/2012 - 12:53 | 2313441 H. Perowne
H. Perowne's picture

You must have gotten lost on your way to Daily Kos. Move along, boy, nothing for you here.

Tue, 04/03/2012 - 13:05 | 2313497 roadlust
roadlust's picture

Although it doesn't matter who points out the Truth, even on the way to Daily Kos.  It only matters that the Truth (that Bush's wars, and the ideological upper end tax cuts are responsible for the record deficit) gets said.  Even on ZH.

Tue, 04/03/2012 - 13:20 | 2313568 NotApplicable
NotApplicable's picture

The "Truth" is that the record deficit is due to the creation of the Federal Reserve System.

Anything since that date is merely a baby step down the inevitable road to doom. Even FDR and Nixon aren't as responsible as Wilson.

Tue, 04/03/2012 - 13:22 | 2313578 mayhem_korner
mayhem_korner's picture

 

 

+1 Circle gets the square.

Tue, 04/03/2012 - 13:22 | 2313575 mayhem_korner
mayhem_korner's picture

and the ideological upper end tax cuts are responsible for the record deficit

 

I'll wager you right here there are "upper end" folks on this blog that pay more in taxes than you make.  What say u?

Tue, 04/03/2012 - 13:36 | 2313644 Catullus
Catullus's picture

I really want to elect a guy who comes up excuses for 3.5 years as to why he can't get this thing under control. I should give him another 4 more years to see if he gets it right.

Also, he was very good at establishing a consensus that the proposed budget he submitted was shit and shot down unanimously. Tough thing to do. Usually someone will vote for you.

Tue, 04/03/2012 - 13:57 | 2313728 knightowl77
knightowl77's picture

roadlust......you blame bush....yet when the dems and obummy were in charge when did they pay for medicare part d, or the wars, or any friggen thing?????

Did obummer cancel any of the tax cuts??? did they cut spending???? No AH they increased spending (on their friends in the unions and to financial contributers) which is why trillions in stimulus made no dent in the economy, but only the amount of debt....

 

Bush'es unfunded wars and tax cuts etc added 4.3 Trillion to the debt in 8 years....Obummer has exceeded in less than 4....so say what you want it is all cow manure

Tue, 04/03/2012 - 17:00 | 2314580 marathonman
marathonman's picture

The budget was going to blow up without the wars because the Baby Boomer unfunded obligations are going to swamp the system.  Every fractional reserve fiat system has failed because the debt has to constantly expand exponentially for the system to stay stable.  In the real world you run out of resources first.  Then the fiat system crashes.  It has happened time and time again - like waves lapping on the beach of history.

Tue, 04/03/2012 - 17:22 | 2314631 GernB
GernB's picture

Well. To be fair the debt accumulated during Obama's term dwarfs that accumulated during the Bush years.

Tue, 04/03/2012 - 13:05 | 2313499 roadlust
roadlust's picture

Although it doesn't matter who points out the Truth, even on the way to Daily Kos.  It only matters that the Truth (that Bush's wars, and the ideological upper end tax cuts are responsible for the record deficit) gets said.  Even on ZH.

Tue, 04/03/2012 - 13:38 | 2313657 redpill
redpill's picture

You really are an idiot.  Still talking about "Bush's wars" - you mean the wars that Obama has gleefully continued?  And invaded Libya?  And now is beating the war drums against Syria and Iran?  How does your sad little partisan mouth even spit out such laughable contradictions?  

And tax cuts are responsible for record deficits?  You fool.  Those tax cuts decreased revenue by maybe a couple hundred billion dollars per year, probably less during the recession years.  The 2011 decifit was $1.2 TRILLION.  Record deficits and exploding debt are the result of massive spending on worthless "stimulus" packages and crony bailouts.  What's worse, these bailouts have grossly distorted the economy and rewarded the wealthy bad actors on Wall St and in the big banks instead of allowing a proper realignment to occur.  And yet we still have mouth-breather lock step followers like yourself that are going to deny the obvious and continue to buy into the system and support the status quo.  You are part of the problem.

So go home and snuggle up with your Obama 2012 blankie, and rest easy knowing you will be voting for more debt, more war, and eroded civil liberties wrapped in a promise of "security."  What a admirable "progressive" you are.

Tue, 04/03/2012 - 13:47 | 2313694 Liposuction
Liposuction's picture

The worst kind of zombies are the ones that think it's still a (D) vs. (R) kind of game.  "...partisan braaaaains...."

Tue, 04/03/2012 - 13:53 | 2313722 Bob Sacamano
Bob Sacamano's picture

But left and right (which is NOT the same as D and R) is a worthy point of distinction. 

Tue, 04/03/2012 - 14:00 | 2313747 redpill
redpill's picture

It's not D vs R and it's not left vs right.

 

It's you vs. the state.  Everything else is a construct to keep you distracted.  It's always been that way, and it always will be.

Tue, 04/03/2012 - 14:30 | 2313920 Bob Sacamano
Bob Sacamano's picture

Not when "right" is tiny government and big individual liberty.

Tue, 04/03/2012 - 14:54 | 2314044 redpill
redpill's picture

Unfortunately many believe the "right" includes big-goverment social authoritarians like Rick Santorum, so that term no longer has much meaning.

Tue, 04/03/2012 - 15:42 | 2314306 Bob Sacamano
Bob Sacamano's picture

Santorum is a Republican (most of whom are big government fans).  Right and Republican have little overlap.   Which shows how far left things have drifted over the past 70 years or so.

Tue, 04/03/2012 - 17:26 | 2314642 GernB
GernB's picture

Totally agree. There was a moment when the Tea Party was about small government and looked a lot like a Liberatarian movement. The rise of Romney and Santorum as the frontrunners shows you that the big government "war on drugs", "huge military", patriot act loving Republican party has largely reduced the idea of small government to a slogan.

Tue, 04/03/2012 - 18:09 | 2314761 odatruf
odatruf's picture

Hell, I'll even take big government if it is at the state level. That will at least leave me to vote with my feet. Leave only what only must be national to the Feds and devolve the rest.

Tue, 04/03/2012 - 14:00 | 2313748 Liposuction
Liposuction's picture

Absolutely!  Especially when the scale of left and right is total vs. anarchy instead of this mush-mouth communist left vs. religious right bullshit scale that the left has been teaching for years.  Those nitwits don't realize that total government at both ends is a circle...

 

 

...of DEATH!

Tue, 04/03/2012 - 15:41 | 2314258 Pitchman
Pitchman's picture

@ Bob Sacamano

That it is but, the true ideological distinction can not be found in the moppets presented by TPTB or their minions in the MSM. 

Contemplate the following and ask yourself is the L-R, R-D paradigm a simple construct to enslave you and take your thoughts off the discussions we should be having?

-

Did you hear of James Koutoulas eloquent letter requesting Jamie Dimon to return MF Global customers money?  Did you hear Leon Panetta testify: the President has the right to go to war based on foreign or UN decisions, not our constitution?  And, did you hear Eric Holder argue: the constitutional legality of using Drones to assassinate U.S. citizens here in American?  If not, it's time to look outside the corporate controlled media box.

And what of that slick KONY 2012 video?  If you read" zero hedge, Jesse's Café Américain, The Daily Bell or even I.P. you would be better informed.  MSM or WWW?  Patriots know, truth & justice is the only side to a story.

A lie ain’t a side of a story.  It’s just a lie” – The Wire

When the press stops reporting the news altogether it is our fault.  We must also bear the consequences.  I encourage you to listen to President Kennedy's full address below.

"Government at all levels must meet it's obligation to provide you with the fullest possible information outside the narrowest limits of national security and we intend to do it... And so it is to the printing press, the recorder of mans deeds the keeper of his conscience, the carrier of his news that we look for strength and assistance, confident that with your help man will be what he was born to be free and independent" - JFK

- MSM vs. WWW: Truth & Justice Is The Only Side To A Story

Tue, 04/03/2012 - 16:20 | 2314458 Bob Sacamano
Bob Sacamano's picture

Despite most Americans love affair with the MSM, I try not to see things thru the prism of the MSM.  The MSM distorts most things to their left world view.  Dimon, Panetta, Holder are all on the left (they likely voted for Obama or McCain), so their ideas and actions are generally consistent with their leftist views. 

Left and Right nomenclature is helpful in understanding the underlying principles one believes and directionally how we should move from where we are now. Generally, it is a distinction about the size, role and scope of the federal government vs individual liberty (with those who prefer more government and/or less liberty being on the left).   It is understood there are few on the right. 

Maybe the definition of Left and Right have been corrupted (in part by the MSM and in part by false prophets who say they are on the Right), but that has not changed what I mean by the Right.  What shall we then call small, limited government focused on few items of national importance that the States and individuals are unable figure out to their own individual choosing?   I call that the Right.  I don't know of another good word that most people would recognize as directionally communicating that end of the political spectrum.  

Tue, 04/03/2012 - 13:51 | 2313711 Bob Sacamano
Bob Sacamano's picture

RP -- correct.  2007 and 2012 federal revenues are nearly identical ($2.5 trillion).  However federal spending has grown from $2.7 trillion to $3.6 trillion.  And the left keeps repeating the deficit is a revenue problem.  Pathetic.  BHO wants to enshrine this new massively higher level of spending as the "new normal."  Sadly Republicans have not been ones to stop such.

Just roll back spending to 2007 levels.  Nearly everyone in my building could do such without material detriment to their life -- but suggesting the federal government do such is labeled barbaric and draconian. 

Tue, 04/03/2012 - 21:34 | 2315191 StychoKiller
StychoKiller's picture

Read "The Creature From Jekyll Island, a Second Look at the Federal System", 5th Ed., G. Edward Griffin, ISBN:  978-0-912986-45-6

and you will understand WHY the Govt MUST keep spending (more and more!)

Tue, 04/03/2012 - 15:42 | 2314089 Pitchman
Pitchman's picture

@ redpill

Oh right you are.  L-R, R-D it does not mater.  The corrupt bought and paid for system does not change its flight path. 

 

Dept. of Homeland Security purchasing 650 million rounds of ammo?

- A Dialectic Loop of Destruction or Free Will:

A Chicken in every pot. Two cars in every garage. And two rounds for every man, women and child....

*

One Mans Terrorist... KONY 2.0

- The Hegelian Dialectic in Action

 

*

Word of the Day: Hegelian Dialectic

The Hegelian Dialectic - Thesis, Antithesis and Synthesis

"When we remain locked into dialectical thinking, we cannot see out of the box.

Once we get what's really going on, we can cut the strings and move our lives in original directions outside the confines of the dialectical madness. 

This releases us from the limitations of controlled and guided thought." 

 

"A revolution is coming - a revolution which will be peaceful if we are wise enough, compassionate if we care enough, successful if we are fortunate enough - but a revolution is coming whether we will it or not. We can affect its character, we cannot alter its inevitability."  - JFK


Tue, 04/03/2012 - 13:44 | 2313682 Bob Sacamano
Bob Sacamano's picture

We have heard for years the Bush tax cuts were terrible.  OK.  Then let them expire.   The left will scream more than anyone else.

Tue, 04/03/2012 - 13:24 | 2313554 mayhem_korner
mayhem_korner's picture

 

 

@H. Perowne

Just curious...if I look at your avatar in 1080 resolution, is my face going to melt or anything??? 

(Or maybe I'll just turn into Norwegian school bread?)

Tue, 04/03/2012 - 13:49 | 2313702 H. Perowne
H. Perowne's picture

Who dares wins

Tue, 04/03/2012 - 13:25 | 2313585 mbasham
mbasham's picture

And shoudn't you be listening to Rush, calling women sluts and trying to justify the murder of black teenagers, that would seem to be right up your alley...

Tue, 04/03/2012 - 13:31 | 2313613 mayhem_korner
mayhem_korner's picture

 

 

Look at you!  Calling Fluke a "woman"...

Tue, 04/03/2012 - 13:32 | 2313622 thedrickster
thedrickster's picture

I would prefer cunt and hoodie but as you wish.

"Raycuss" doesn't end the conversation around here, thought crimes are rare.

Tue, 04/03/2012 - 13:44 | 2313683 redpill
redpill's picture

Rush?  I don't think you understand this site.

Tue, 04/03/2012 - 15:21 | 2314202 Lednbrass
Lednbrass's picture

Another epsilon double minus setting up strawmen and flailing away. You certainly have the right to be an idiot but should probably stop abusing the privilege in public.

Tue, 04/03/2012 - 13:03 | 2313486 mbasham
mbasham's picture

I 've concluded that this site is heavily populated by racists.

Tue, 04/03/2012 - 13:06 | 2313504 SeverinSlade
SeverinSlade's picture

I have concluded that your brain is heavily populated by sodium fluoride.

Tue, 04/03/2012 - 13:27 | 2313589 mbasham
mbasham's picture

a brain is 'populated'.... hmmm

 

and you are full of feces, devoid of all other matter...

Tue, 04/03/2012 - 13:29 | 2313596 SeverinSlade
SeverinSlade's picture

This troll is not only an idiot but also has no sense of humor.

Tue, 04/03/2012 - 13:32 | 2313621 Bay of Pigs
Bay of Pigs's picture

I like our psychopath anti gold trolls the best.

Where you at Billy the Bastard?

Tue, 04/03/2012 - 15:24 | 2314217 Lednbrass
Lednbrass's picture

They tend to be one and the same. My experience has been that a very large percentage of uber lefties are dour, angry, bitter little creatures.

Tue, 04/03/2012 - 21:39 | 2315202 StychoKiller
StychoKiller's picture

BEFORE the 2010 elections, I posted the following on cbs.com:

Unfortunately for you and I sir/madam, leaving the Decepticrats in charge is like giving a 13-year old your American Express card and ignoring what they're doing with it.  Here's whats gonna happen:

The Republicons get a slim majority in the House and whittle the Senate down close to parity.  ALL legislation proposed by Obamatron gets stuffed into a toilet somewhere and Obamatron returns the favor by vetoing anything for the next two years, good or bad, it won't matter, it will be vetoed.  So much for having adults in GOVT.  The system spins merrily along until bad earnings numbers start showing up in the large corporations that cater to the US market(s) [no one can spend due to the ever-increasing unemployment numbers].  At that point, the Republicons will cave in and try to co-opt the game plan of the Decepticrats, namely, trying to "Stimulate" the Economy with MORE Govt spending!  [We aren't there just yet!]  So, what was the point of electing the Republicons again?  The market(s) continue exploring subterranean landscapes until the rest of the World goes up in flames as well.  None of this will end well.  If, by some miracle, the Decepticrats hold onto the House, THEY will continue to try to "stimulate" the Economy with MORE Govt spending, and again, we end up burnt to a cinder.  Take your "Progressive" social justice outrage somewhere else, elementary school ideas of what's fair and just cannot face the real world of the jungle and survive -- congratulations, your poorly thought out ideas of Socialism have/will kill millions, if not billions -- thanks for playing, game over!

Tue, 04/03/2012 - 13:16 | 2313552 pods
pods's picture

Come on, don't play the RACE card.

Toss out the anti-semite one, much more powerful.

pods

Tue, 04/03/2012 - 13:59 | 2313745 knightowl77
knightowl77's picture

then go away unless you fear enlightenment

Tue, 04/03/2012 - 16:09 | 2314428 malek
malek's picture

"concluded", LOL!

You meant to say your confirmation bias did just that.

Tue, 04/03/2012 - 18:02 | 2314746 earleflorida
earleflorida's picture

i try to run every day

Tue, 04/03/2012 - 13:08 | 2313514 TMT
TMT's picture

You do realize 49% don't pay ANY federal income taxes?

Fuck off cunt.

Tue, 04/03/2012 - 13:29 | 2313597 hellas4life
hellas4life's picture

you do realize of the 49% who don't pay income taxes, which is historically high because of the recession, 75% of those pay payroll taxes which contribute as much if not more to fed revenues than income taxes.  the rest of the elderly, students, and ppl making elss than 22k http://assets.motherjones.com/politics/2011/inequality-taxrate_3.png  not to mention state fed excise taxes real estate sales etc etc

Tue, 04/03/2012 - 14:02 | 2313753 TMT
TMT's picture

I don't give a shit what taxes they do pay, the fact is 49% don't pay ANY federal income taxes.  Moreover, a large subset of this group gets the most from the government (UI, medicaid, food stamps, etc. etc.).  Nothing you can say will change this fact.

BTW the main reason it's at 49% is because of the Bush tax cuts, which contrary to OWS morons, went mostly to the low income earners. (As an aside, I'm a beliver in a true flat tax, so don't color me a Bushie).

Tue, 04/03/2012 - 17:33 | 2314655 GernB
GernB's picture

I'm confused. I thought the debate was over raising income taxes. So how is the fact 49% don't pay any irrelevant. I thought Obama wanted everyone to pay their share. Is the argument that for 50% of income earners their share is zero. Sorry, I just get confused any time I try to reconcile reality with the arguments politicians make.

Tue, 04/03/2012 - 21:42 | 2315211 StychoKiller
StychoKiller's picture

Until GE and other large coporate-welfare recipients START paying more in taxes than Moi, I shall remain disgruntled...

Tue, 04/03/2012 - 13:08 | 2313516 SeverinSlade
SeverinSlade's picture

Um...Isn't Obuma running the largest annual budget deficit in history?  While in office, hasn't he waged (or continued) undeclared wars in Libya, Syria, Pakistan, Somalia, Yemen, Afghanistan, Iraq, etc. despite campaigning as an anti-war President?  Didn't he win a fucking nobel PEACE prize? 

Tue, 04/03/2012 - 23:28 | 2315376 StormShadow
StormShadow's picture

"Didn't he win a fucking nobel PEACE prize?"

Oh, Jesus, man that one just gets funnier all the time.  And he got it before he was even sworn in!!

Tue, 04/03/2012 - 12:49 | 2313415 Alcoholic Nativ...
Alcoholic Native American's picture

It doesn't matter what the budget is, it's going to get funneled to the same rentiers either way.  The capitalist have captured this country.  Trickle down does not work.

Tue, 04/03/2012 - 12:56 | 2313453 SeverinSlade
SeverinSlade's picture

Because we have a crony-capitalist/corporate-fascist model.  The idea of "trickle down economics" is a complete joke.  Real capitalism paired with liberty means that NO ONE has to depend on the wealthy or the government to "trickle down" some of that wealth.  You are responsible for your own financial success or failure.

Tue, 04/03/2012 - 13:06 | 2313502 Alcoholic Nativ...
Alcoholic Native American's picture

yes of course REAL capitalism is what we are lacking.  More like we are living in a mature capitalist system where the largest quantities of capital extract capital from everybody else at an excellerating rate.

This clusterfuck isn't the failing of capitalism but the maturing of it.  You do realize capitalism is just capital chasing more and more capital right?

 

 

 

Tue, 04/03/2012 - 13:09 | 2313522 SeverinSlade
SeverinSlade's picture

It's not capitalism when the government passes favorable legislation at the request of corporate America and then selectively enforces it in order to drive out the middle and small competing businesses.  That's textbook corporate fascism...When government is in bed with large corporations. 

Tue, 04/03/2012 - 13:21 | 2313572 pods
pods's picture

What he is saying is that capitalism naturally leads to where we are now.  

Tough to accept, but it is in fact correct.  Accumulation of capital leads to stronger controls needed to prevent monopoly and unfair trade practices.  

But regulatory capture means stronger controls have the opposite effect.

So we end up where we are now.

No solutions that I have thought of besides smaller government and the doing away with corporations.

But, corporations also allow an idea to span more than one working lifetime, which is beneficial.

pods

Tue, 04/03/2012 - 13:27 | 2313592 SeverinSlade
SeverinSlade's picture

I see your point, but we've had the corporate facist model for a while now.

In a truly free market, a company would expand only to the point allowed by the consumer.  If the consumer objected to the business practices of a massive corporation, they could always opt for other competitors (i.e. small businesses).  This simply isn't possible today.  If you hate Wal-Mart, what's your alternative choice?  Target?  K-Mart?

The business environment in its present form is set up to allow mega corporations to thrive while medium and small businesses are engaged in an uphill battle and over the long run, destined to fail.

Tue, 04/03/2012 - 14:32 | 2313929 pods
pods's picture

I agree that a free market is the best solution, along with a minimal governemnt.  Hell, I am pretty much an anarchist.

But as capital accumulates, so does power.  And to be able to control the power that accumulating capital begets, you would need something to control it.  As soon as you implement a means of control, that control mechanism will be co-opted by the same forces that you are trying to control.

Like I said, I do not know a real world solution.  

Corporations have brought us some great advancements that would not have been possible under an independent proprietorship model, so completely doing away with them is not a solution.  Also, corporations allow limited liability, so risk taking would be minimal if you were responsible for all risk.

Really not advocating one system over another.  Just trying to point on the inherent flaw with capitalism.

Of course the junks will fly with this, but anyone who logically looks at the capitalist model with an analytical mind would at least have to entertain the conclusion that Drunk Indian made.

I know I have.

pods 

Tue, 04/03/2012 - 15:58 | 2314364 NidStyles
NidStyles's picture

Capital can not accumulate in a system where there is no outright monopoly on it's production, which is what the centralized banking system does alongside with the rest of the Fascism.

Tue, 04/03/2012 - 16:42 | 2314542 pods
pods's picture

Not sure how you arrived at this.  If you explained it, I would appreciate it.
To me, anyone who arrived at a larger market share (by better serving their fellow man) would accumulate capital.  

I am not for any legal tender laws, but I do not think that you would need a centrally issued currency to be able to achieve monopoly.

The robber baron era was rife with winners putting their capital to use to limit competition.  

pods

Tue, 04/03/2012 - 19:12 | 2314938 i-dog
i-dog's picture

 

"anyone who arrived at a larger market share (by better serving their fellow man) would accumulate capital. "

That is true only so long as one can maintain the large market share. Once the 'corporation' (or idea) passes through the natural stages of growth and maturity into decline, profitability is reduced or eliminated due to competition from other innovations. Only continuous innovation will maintain a dominant capital accumulation.

Whether the product of capital is a commodity (such as steel or oil), or infrastructure (such as a railway line or power grid), or consumer good (such as an iCrap4 or a can of beans), the cycle always self-limits the expansion of capital into a monopoly -- unless the guns of government are used to limit (through regulations and taxes) or prohibit (through IP laws) competition.

The oldest and wealthiest corporation of all -- the Roman Catholic church -- has only maintained its existence through the continuous application of the guns of government, paid for by the treasure of the people. They could never have paid for their own protection through selling 'god'.

Tue, 04/03/2012 - 13:28 | 2313595 TMT
TMT's picture

Pods I agree with much of what you said except the do away with corporations part.  I don't think that's a viable solution.  What we need to do is have a much smaller government coupled with a true free market whereby we let the failures fail.  That is the crux of a free market and the mechanism that lets the good enterprises succeed while the system automatically purges itself of the bad enterprises.

Tue, 04/03/2012 - 13:31 | 2313614 SeverinSlade
SeverinSlade's picture

Agreed.  Small government is and always will be the solution.  Having a small government removes the incentive to bribe government officials to pass favorable and restrictive legislation.

Is it any wonder why all of the "regulations" passed by big government are openly SUPPORTED by the very mega corporations they are "designed" to contain?

Of course big agra pushed for the government mandate to pasteurize...well EVERYTHING.  It allowed them to sell rotten meat, milk, fruit, vegetables, etc. while driving their smaller competition out of business.

Just one example.

Tue, 04/03/2012 - 14:20 | 2313873 RallyRoundTheFamily
RallyRoundTheFamily's picture

Yay - we bailed out GM

But didn't that totally fuck FORD over?

Tue, 04/03/2012 - 15:24 | 2314220 karzai_luver
karzai_luver's picture

No, it helped Ford as the CEO OF FORD was in favor of the bailout of GM.

 

Try to keep up or learn to read.

If you want you can easily figure out WHY it helped Ford.

 

Look up the word common and go from there.

 

Tue, 04/03/2012 - 17:36 | 2314667 Bob Sacamano
Bob Sacamano's picture

It helped GM and Chrysler much more than it helped Ford.  So at the margin, Ford was / is harmed relative to its competitive position with GM and Chrysler (which fyi is building its next Jeep plant in St. Petersburg -- Russia). 

And GM still enjoys significant ongoing federal subsidy by virtue of the "special" provision that GM could use it tax loss carry forwards (that normally get wiped out in a "normal" bankrutpcy).  So despite being profitable, GM is not paying federal income tax (don't see many rants here about that).  This was an additional giveaway to the unions who were given a big ownership stake in GM.  They owe BHO big time.  And given its current profitability, some of the old GM debt holders seemingly did not need to get whacked as much as they did for GM to survive -- but they were not on BHO's list of people he was concerned about (just not enough votes there).

Tue, 04/03/2012 - 14:34 | 2313944 pods
pods's picture

I was not trying to advocate doing away with corporations.  (see my reply above)

pods

Tue, 04/03/2012 - 15:30 | 2314237 karzai_luver
karzai_luver's picture

A good start would be to have stringent claw backs and do away with the scam(in most cases) of stock buybacks to let the insiders get out at inflated prices.

 

Hell, even do away with easy granting of stock options or make the vesting after a certain amount be really long-term.

There is much less skin in the game these days , it needs to hurt more than their pride at the top when the corp fails or takes a big hit on the bottom.

Of course , the whole corp.board structure is a joke at most places.

 

 

Tue, 04/03/2012 - 17:23 | 2314634 smb12321
smb12321's picture

The problem with capitalism is that its overwhelming superiority to State-run economies makes us complacent.  Our material abundance makes some think, "Surely all the workers, thinkers and doers can make enough to give everyoe a piece of the pie regardless of contribution."  No one ever considers that the cell phones anbd cable used by most of the "poor" is a gift in itself. 

We see only the surface - medicines, rockets, PCs, traffic lights,abundant food, clean water - and no loner worry about the mechanics. Corporations (speaking as a former corporate consultant) can be fountains of creativity and innovation.  It's not corporations that are the problem but the government connections that leads to legitimized monopolies, special deals and bending the rules.

Tue, 04/03/2012 - 13:09 | 2313520 francis_sawyer
francis_sawyer's picture

"trickle up poverty" works perfectly...

Tue, 04/03/2012 - 12:49 | 2313416 Jason T
Jason T's picture

crap he just said what I always say.."..like Henry Ford, he paid his workers enough so that they could afford the cars they made."

But I doubt Obama could tell us why that was so or how that was so.  Or should I say the guy who wrote what our pontus reads outloud for all of us to hear undestands either.

Answer: because he made them productive enough if their work day to justify the wage.  He gave them the tools to be productive.. the assemply line. Henry Ford was brilliant!  

"The Model T made its debut in 1908 with a purchase price of $825.00. Over ten thousand were sold in its first year, establishing a new record. Four years later the price dropped to $575.00 and sales soared. By 1914, Ford could claim a 48% share of the automobile market.

Central to Ford's ability to produce an affordable car was the development of the assembly line that increased the efficiency of manufacture and decreased its cost. Ford did not conceive the concept, he perfected it. "

Tue, 04/03/2012 - 12:53 | 2313438 SeverinSlade
SeverinSlade's picture

You forget the #1 factor that allowed Ford to do what he did...The fact that he didn't have to pay all of the taxes that corporations have to pay today.  He didn't have to maneuver between tons of regulations.  And the USD was still pegged to gold.

Tue, 04/03/2012 - 13:10 | 2313525 eatthebanksters
eatthebanksters's picture

Why do we pay all of these taxes...really, where do they go? Into the wasteful black hole of inefficient bureacracy of large government?  What do they do for the hard working imbecile who gives the Federal government 35% of everything he or she makes?  Don't tell me they are fixing highways, don't tell me they are improving schools. Let's go back to natural law; either you produce something of value or you die.  Hardcore, but it would probably straighten out our mess.  I'm so sick of people saying poor me, I'm opressed so give me a life.  Fuck, when the hardworking people are having a tough time why should our dollars support lazy fucks?!  (I don't include those incapable of taking care of themselves in this rant). The next civil war is coming kids... 

Tue, 04/03/2012 - 13:17 | 2313558 SeverinSlade
SeverinSlade's picture

I think the fundamental split between the idiot sheeple and those who are awake to reality is that people that defend liberty aren't heartless.  If the government stole less from us, more of us would be more williing and able to give charity...The government's policies have created an apathetic society.

Why do we need unemployment insurance?  Before its creation, if you lost your job, your FAMILY helped out until you got on your feet.  Before the government created food stamps, if you were down on your luck and couldn't buy food, you'd go to a food bank or another charitable organization to get something to eat.

Relying on government instead of the compassionate human spirit is flat out evil.

Tue, 04/03/2012 - 13:40 | 2313664 giddy
giddy's picture

Reliance on government has made us less "humane".  It segregates individuals into "takers" and "givers".  The givers increasingly feel "taken".  Compassion is not a government mandate.   The more government tries to replace human compassion, the less TRUE humanity is demonstrated.    

Tue, 04/03/2012 - 15:08 | 2314110 WTFx10
WTFx10's picture

I don't give a fuck if my taxes go to helping the poor fucks in this country. But the amount we dole out to billionaires and millionaires, so they can keep what they supposedly earned now FUCK THEM. The amount we spend on the Military, drug war, and all the other fucking things these wealthy fucks spend my money on or don't collect from (oil company tax breaks? WTF) Make the cocksuckers poor. Let them have the anxiety of losing it all and being like everyone else who does not take home 6 figures or more. FUCKin overpaid assholes all of them and thats why it will never change because these fucking pricks don't ever want to be like the 99%. Why doesn't a country or countries declare a fucking war on the private banking cartel and end this crime syndicate forever. We have no troubles invading countries that do not have WMD's. WHO the fuck is going to protect the CENTRAL BANKING CARTEL if the USA got some balls and decided this is going to end. China? Russia? Euro Union? Israel, since they seem to have the most individuals in the Central Banking Cartel. FUCK WORLD WAR AGAINST CENTRAL BANKS, do dreams come true?

Tue, 04/03/2012 - 19:02 | 2314900 Optimusprime
Optimusprime's picture

Beautifully stated, and wholly true.

+1

Tue, 04/03/2012 - 15:34 | 2314266 karzai_luver
karzai_luver's picture

There are still PLENTY of people and food banks that help people outisde the gvt handouts.

 

Maybe you should go find a couple and pitch in , you may learn something or you can sit at your little keyboard and pound out the usual drivel.

 

Tue, 04/03/2012 - 15:31 | 2314257 karzai_luver
karzai_luver's picture

Ford grew and went through periods of much higher taxes than now.

What enabled them and many others to do things back then had as much to do with luck.location as anything else.

 

Tue, 04/03/2012 - 18:30 | 2314758 Bob Sacamano
Bob Sacamano's picture

sarc:/ on

Yep.  Those with wealth are generally just lucky.  Which is why they should not be allowed to keep what they make.  Steve Jobs - give us your money, you can't use it now and you exploited so many in so many ways to get it - you are evil.

sarc:/ off

And you are not "lucky" for not being born in N. Korea or Kenya?? 

So despite living in top quartile world standards (if not top decile as probably all Americans do), you are unhappy about those who have more than you while not doing anything meaningful for those in the bottom quartile.  To rid you of this exceedingly good luck factor you despise, it seems you should voluntarily give away your possessions until you live at world average standards (which is way below US poverty level).  Then you would not be so lucky and could rightously castigate the wealthy for their good fortune.    

Tue, 04/03/2012 - 12:49 | 2313417 bugs_
bugs_'s picture

its better to run things with continuing resolutions

Tue, 04/03/2012 - 12:50 | 2313419 CvlDobd
CvlDobd's picture

FSLR IPO owners are now in red for first time ever.

Wonder if it's a buy here?

Tue, 04/03/2012 - 12:50 | 2313420 Timmay
Timmay's picture

How long before "Wealthy Americans" are simpy defined as those that have a savings account??

Tue, 04/03/2012 - 12:52 | 2313436 mayhem_korner
mayhem_korner's picture

 

 

...or maybe just those with a birth certificate.  ;)

Tue, 04/03/2012 - 12:51 | 2313430 SeverinSlade
SeverinSlade's picture

I'm sorry I can't listen to the fucking shit spewing out of the great teleprompting comrade.  Fucking idiot.

Tue, 04/03/2012 - 12:54 | 2313445 mbasham
mbasham's picture

Why don't you go back to school and get more than that third grade ejication you learned, retard.

Tue, 04/03/2012 - 12:57 | 2313459 SeverinSlade
SeverinSlade's picture

My my comrade, you are a man of many talents.  Managing to reply to us humble ZHers while giving a speech.  Impressive.  Are you tweeting at the same time as well?

Tue, 04/03/2012 - 13:12 | 2313532 TMT
TMT's picture

You add nothing to the discussion.  Go to whitehouse.gov and jack yourself off.

Tue, 04/03/2012 - 12:52 | 2313432 mayhem_korner
mayhem_korner's picture

 

 

I wonder if Barry thinks we don't know he's simply trying to suck up media attention on a big GOP primary day?

Tue, 04/03/2012 - 12:53 | 2313439 mbasham
mbasham's picture

Fuck you 'Tyler" as you're now blocking comments that don't agree with the crap you spew out.

Tue, 04/03/2012 - 12:55 | 2313452 YesWeKahn
YesWeKahn's picture

Freedom of censorship.

Tue, 04/03/2012 - 12:59 | 2313469 chinaguy
chinaguy's picture

Whoever is paying you $1.50/hr to troll should get their money back.

Tue, 04/03/2012 - 13:33 | 2313630 mbasham
mbasham's picture

oww, such wit... The amnesia here is amazing. When Obama gets re-elected, please do seek to emigrate, that's your choice. Go whereever you see fit as serving your interests better. China, as possibly your name suggests, why certainly I urge you to follow your free will and do as you see fit.

Tue, 04/03/2012 - 13:38 | 2313658 thedrickster
thedrickster's picture

I'm all for an Obama 2nd term. It will hasten the collapse of the Fed Govt which in my mind anyway is an infinitely positive development.

Tue, 04/03/2012 - 13:43 | 2313675 redpill
redpill's picture

It's actually much easier to start a small business in Hong Kong than it is in California, and eventually it will kill us.  So maybe reconsider your retarded smug remarks.

Tue, 04/03/2012 - 14:44 | 2313992 mbasham
mbasham's picture

Please then start a business there. I wish you much success!!!

Tue, 04/03/2012 - 13:44 | 2313684 ParkAveFlasher
ParkAveFlasher's picture

The home team started to get a wave going, even though the score was 414-0.  So sorry you bought season tickets, white stuff!

Tue, 04/03/2012 - 13:05 | 2313472 SeverinSlade
SeverinSlade's picture

There are plenty of other venues for you and other Obuma supporters to suck off the great comgrade and sing praises to him.  All hail TOTUS!  The Nobel peace winning, war mongering, American executing, Constitution destroying, fearless comrade leader!

Tue, 04/03/2012 - 14:45 | 2314002 mbasham
mbasham's picture

And there are other places for you to spew forth your cybersewage. Please take your own advice.

Tue, 04/03/2012 - 16:13 | 2314448 NidStyles
NidStyles's picture

We were here first

Tue, 04/03/2012 - 14:45 | 2314003 mbasham
mbasham's picture

And there are other places for you to spew forth your cybersewage. Please take your own advice.

Tue, 04/03/2012 - 20:21 | 2315085 SeverinSlade
SeverinSlade's picture

Dude.  Couldn't even take the time to actually REPLY to his comment?  You had to resort to CTRL-C and CTRL-Ving?

Tue, 04/03/2012 - 13:29 | 2313598 thedrickster
thedrickster's picture

Tyler doesn't block anything.

Want to test my theory...

Tue, 04/03/2012 - 14:27 | 2313904 RallyRoundTheFamily
RallyRoundTheFamily's picture

Fuck Israel   (bet that shit gets blocked)

Tue, 04/03/2012 - 14:29 | 2313910 RallyRoundTheFamily
RallyRoundTheFamily's picture

Oh damn - tell the kids Daddy loves them (knock on door)

Tue, 04/03/2012 - 12:53 | 2313440 vegas
vegas's picture

Aside from the kool-aid drinking libtards, does anybody listen to anything this dipshit says? If his lips are moving he is lying; amazing from a guy who can't seem to add and subtract. You are priceless Chalky.

 

http://vegasxau.blogspot.com

Tue, 04/03/2012 - 12:54 | 2313443 ZippyBananaPants
ZippyBananaPants's picture

Would likely...What an idiot!

Tue, 04/03/2012 - 12:55 | 2313448 Stackers
Stackers's picture

Who needs budgets in a world of "continuing spending resolutions" ????  Quit living in the past people. Look to the future. I bet you fools even take the time to balance your personal checkbooks. How 1980's.

Tue, 04/03/2012 - 12:55 | 2313450 Negro Primero
Negro Primero's picture

...don't waste your time:

"American Crossroads: "Individual Mandate: Obama v. Obama - (Obama was right on the individual mandate...before he was wrong)"

http://www.youtube.com/watch?feature=player_embedded&v=bOaLLdpVzAs#!

Tue, 04/03/2012 - 12:56 | 2313454 tony bonn
tony bonn's picture

414-0 is almost as stunning as an impeachment....but the crooked congress still supports the indonesian citizen born in kenya.....

www.obamacrimes.com

where's your physical long form birth certificate barry???

Tue, 04/03/2012 - 13:14 | 2313547 centerline
centerline's picture

LOL.  I agree.  Forget the details.  The 414-0 is what matters here.

Tue, 04/03/2012 - 14:15 | 2313836 mbasham
mbasham's picture

Ah, I may have been wrong about some here being racists, they're birthers! Makes just as much sense, And I perhaps may be the greater fool for arguing with those exhibiting the intellectual prowess of a shiny rock...

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