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Article #656

Re: Obama Officials Play Chicken Little With the Debt Ceiling

#656
From: Dacato
Date: Fri, 29 Jul 2011 20:52
62 lines
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On Jul 19, 5:13 pm, Steve <stevencan...@yahooooo.com> wrote:
> On Tue, 19 Jul 2011 14:44:38 -0700, "6139 Dead, 1282 since 1/20/09"
>
>
>
>
>
> <d...@dead.net> wrote:
> >On Tue, 19 Jul 2011 16:16:24 -0500, Anonymous <a...@anon.bla> wrote:
>
> >>Light the China Blue Touch Paper <chine.b...@yahoo.com>  wrote :
>
> >>> In article <wsCdnapeMu9VOr7TnZ2dnUVZ_jedn...@forethought.net>,
> >>>  Susan B Free <Susa...@B-Free.xyz> wrote:
>
> >>>> Obama Officials Play Chicken Little With the Debt Ceiling
>
> >>> Is that worse than Republicans playing chucken with the debt limit?
>
> >>Why would Obummer threaten to veto Cut Cap & Balance, UNLESS he wants to
> >>spend us into collapse?
>
> >Because Cut, Cap and Balance is just exortion by a pack of neo-fascist
> >morons who want to screw over the American people to cover up their
> >fuckups.
>
> <chuckle> Forcing the government to be responsible is "extortion" in
> the eyes of leftist loons like Jamieson..
>
>  It's clear that finance and economics will never be the
> strong suits of Jamieson or Shook.  See below:
>
> "companies are literally hoarding "cash." And by
> definition, if they have the cash, it's not in
> circulation. Money is zero-sum, which means, every
> dollar a company holds onto is a dollar that isn't
> in circulation. "
> --Milt Shook
> .http://groups.google.com/group/alt.society.liberalism/msg/a3be1dd3b08...
>
> "Bubbles, YOU'RE the one saying if we take money out of
> general circulation, the economy will improve."
> --David (Zepp) Jamieson stupidly claiming that corporate
> cash reserves "take money out of circulation"
> .http://groups.google.com/group/alt.fan.rush-limbaugh/msg/9d77036a53c7...
>
> Canyon Note:  
>
> There's two kinds of cash...  there's currency and then there's
> non-currency cash like your checking and saving's account,
> and the cash equivalents...  only currency is what can be taken
> out of circulation, whle the noncurrency cash is only a
> reference to some unspecified currency, which, of course,
> is in circulation.- Hide quoted text -
>
> - Show quoted text -

Unfortunately you are on the wrong side of this argument. The proposal
that Obama put forth has more spending cuts than anything that the
Republicans have put forth and yet he is being accused of not being
serious about spending cuts. How do YOU explain this hypocrisy?
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References: <wsCdnapeMu9VOr7TnZ2dnUVZ_jednZ2d@forethought.net> <chine.bleu-FAFA6F.06205218072011@news.eternal-september.org> <2Kudna1zjo21abjTnZ2dnUVZ_gWdnZ2d@forethought.net> <2lub27pti80vapcrincjba0kguv03cgvl2@4ax.com> <j90c27hqlo0uhaqcubc8j9ll2201pgsug6@4ax.com>

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From: Dacato <tfitzpat@mts.net>
Newsgroups: boulder.general,alt.politics.liberalism,alt.society.liberalism,alt.politics.liberal
Subject: Re: Obama Officials Play Chicken Little With the Debt Ceiling
Date: Fri, 29 Jul 2011 13:52:31 -0700 (PDT)
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