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Is this simple enough even for a Democrat to understand? Financial Crisis 101

KCurtis 2012/05/23 02:14:15
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  • HOMBRE 2012/05/23 02:23:17
    HOMBRE
    +17
    I see Obama spending 20 million dollars on advertising staying healthy to coordinate with Obama-care even though it will be overturned here in a couple of weeks. You think they should run caution and save the money for trying to pay down some debt

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  • drdos1943 Lady Wh... 2012/05/25 01:47:54 (edited)
    drdos1943
    I am not a Republican...but have you ever been brainwashed? None of your accusations have any credibility.The current Democratic Party is not the party of JFK. ("Ask not what your country can do for you. Ask what you can do for your country." - JFK) It has evolved into the "entitlement" party, which, by any other name, is called the Socialist party.

    ...and Republicans must also take credit for helping to get us into the economic mess we are in....but as I have written from above:

    We have all failed...especially we, the American voter, who did not do our job of playing watchdog over our government.... too much apathy on both sides of the aisle.

    The members of Congress, if enough grass roots from both sides can get their act together, must be forced to realize that we have the power to control them and that they do not have the power to control us.

    "That to secure these rights, (life, liberty, and the PURSUIT of happiness) Governments are instituted among Men, deriving their just powers from the consent of the governed, --That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government." (Declaration of Independence)

    The above is something that should be embraced by both liberals, conser...
    I am not a Republican...but have you ever been brainwashed? None of your accusations have any credibility.The current Democratic Party is not the party of JFK. ("Ask not what your country can do for you. Ask what you can do for your country." - JFK) It has evolved into the "entitlement" party, which, by any other name, is called the Socialist party.

    ...and Republicans must also take credit for helping to get us into the economic mess we are in....but as I have written from above:

    We have all failed...especially we, the American voter, who did not do our job of playing watchdog over our government.... too much apathy on both sides of the aisle.

    The members of Congress, if enough grass roots from both sides can get their act together, must be forced to realize that we have the power to control them and that they do not have the power to control us.

    "That to secure these rights, (life, liberty, and the PURSUIT of happiness) Governments are instituted among Men, deriving their just powers from the consent of the governed, --That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government." (Declaration of Independence)

    The above is something that should be embraced by both liberals, conservatives, and by everyone else lest we allow our freedoms to be abrogated by the tyranny of our government....and that is one of the reasons why the First and Second Amendment are so important.
    (more)
  • jr 2012/05/23 15:23:59
    jr
    +4
    If this country does not wake up to the communist democrats trying to destroying it, we are doomed
  • whitewulf--the unruly mobster 2012/05/23 15:21:06
  • jere.chievres 2012/05/23 14:53:14
    jere.chievres
    +5
    NO IF ITS MORE THAN 1+1= THEY HAVE NO CLUE. ! HEH HEH ;-)
  • Joanna Caroll 2012/05/23 14:17:10
    Joanna Caroll
    +1
    Isn't this 2 years old? Hey Klaven, where's Norm?
  • The Gip... Joanna ... 2012/05/23 16:51:10
    The Gipper~PWCM~JLA
    +1
    Your point is...
  • Getting... The Gip... 2012/05/23 16:58:50
    GettingBarried
    +1
    She's clearly trying to add some cheers to the discussion.
  • The Gip... Getting... 2012/05/23 18:36:42
    The Gipper~PWCM~JLA
    +2
    Thank you! Didn't get it.
  • KCurtis Joanna ... 2012/05/23 19:34:17
    KCurtis
    +1
    It's Klavan brainiac.
  • mikeyavelli 2012/05/23 14:15:18
    mikeyavelli
    +9
    democrats and lefties certainly understand. they want to bakrupt america and start a global world economy where everyone eats from the same trough and lives in the same hovel. they're about sharing misery, and not wealth.
  • Chris - The Rowdy One! #187 2012/05/23 14:12:54
    Chris - The Rowdy One! #187
    +5
    The elites understand it but want the collapse.

    The useful idiots on the other side of the leftwing spectrum? This was not presented monosyllabically enough for them to get it. Maybe if he turned it into rap - who knows?
  • Ang74 Chris -... 2012/05/23 16:23:09
    Ang74
    +2
    that was good....a rap LOL
  • Wayne 2012/05/23 14:11:56
    Wayne
    +8
    Obama and liberal democrats suck period. Mafia style governance from the start, failed economic policies, propaganda about unemployment, failed foreign policy resulting in the middle east melt down, take over of private industry,take over of health care,,the list of lies he has told is bigger than the Chinese phone book! OMG! ABO!
  • Lanikai 2012/05/23 13:44:04
    Lanikai
    +7
    It SHOULD be. But none are so blind as those who refuse to see.
  • exhon2009 2012/05/23 13:36:29
    exhon2009
    +7
    Not possible. Corruption flows off a democrat's back like water off a duck's back.
  • Lady Wh... exhon2009 2012/05/23 15:25:04
    Lady Whitewolf
    +1
    and like the republicans are any different??
  • exhon2009 Lady Wh... 2012/05/23 16:14:58
    exhon2009
    +2
    Perhaps not. The difference is we put our corrupt politicians like Duke Cunningham in jail. Democrats put them on a pedestal. Barney Frank and Chris Dodd both deserved jail time for accepting sweetheart deals from Countrywide in return for looking the other way with regards to the corruption between CW and Fannie Mae.

    I anxiously await your reply making excuses for Barney and Chris.
  • Biki exhon2009 2012/05/23 21:12:15
    Biki
    +3
    BRAVO!!!! =-)
  • AM 2012/05/23 13:35:48
    AM
    +6
    Probably not simply because it makes SENSE!.Klaven on Sex is one of my alltime faves.
  • Hawkeye 2012/05/23 12:59:38
    Hawkeye
    +8
    "Is this simple enough even for a Democrat to understand? Financial Crisis 101"

    No and there's a good reason for that.. They don't think that they have to LEARN the course.. THEY think they're WRITING the texbook of the future and why shouldn't they??? THESE are not uneducated people.. They have been educated to think,, feel and ACT exactly like they do by a system that has been pushing this since before they were born.. Hell.. Since before their mommies and daddies were born..

    It sounds crazy when we hear a Graduate from a major,, if not a PRESTIGIOUS University,, say that the National Debt doesn't matter and that Budgets are unnecessary but the FACT of the matter IS,, these things HAVEN'T mattered for DECADES.. The ONLY problem that THEY see is that there's STILL a WEALTH of WEALTH out there that they can't get their grubby little hands on and HOW can they wrest it from it's rightful owners.... If you THINK that they're going to stop with the wealthy then YOU have one helluva wake-up call to look forward to..

    What we have to realize here is that we LOST this battle decades ago.. Responsible Spending and avoiding debt is NOT the norm anymore and it hasn't been for a long time..

    WE are NO longer trying to PRESERVE a long standing tradition,, WE are fighting one..

    Until we realize the extent of the hurtles we face we won't even get over the first one..
  • stevmackey 2012/05/23 12:45:10
    stevmackey
    +7
    Obama is blind. He has no idea about the future. If that isn't true, then he is trying desperately to topple capitalism.
  • Lanikai stevmackey 2012/05/23 13:45:03
    Lanikai
    +7
    He is trying desperately to topple capitalism.

    THAT is his clearly stated objective.
  • D D stevmackey 2012/05/23 14:25:13
    D D
    +4
    What Obama is doing has nothing to do with his being blind. He knows exactly what he is doing. He is trying to destroy the US, brings it's collapse so he can turn it from capitalism to socialism/communism...really just a mix of bad things that is not what America is.
  • Tully 2012/05/23 12:32:53 (edited)
    Tully
    +1
    I love how he paints Wall Street in cahoots with the Dems. This is true, but its just as true with the Repubs. How many of Romney's top ten contributors work for Wall Street:

    Goldman Sachs $573,080

    Bank of America $398,850

    JPMorgan Chase & Co $393,825

    Morgan Stanley $373,850

    Credit Suisse Group $317,410

    Citigroup Inc $301,550

    Kirkland & Ellis $248,052

    Barclays $228,400

    PricewaterhouseCoopers $214,250

    Wells Fargo $204,300

    HIG Capital $191,000

    http://www.opensecrets.org/pr...

    Why would you contribute this much to someone if he's not going to hook you up on the back end?
  • Elaine ... Tully 2012/05/23 12:37:10
    Elaine Magliacane
    +7
    Same people gave MILLIONS to Obama...
  • Hawkeye Elaine ... 2012/05/23 13:01:44
    Hawkeye
    +7
    Not only THAT but despite the FACT that Obama is basing his campaign on villifying Bain Capital,, the FACT of the matter is that the current CEO of Bain Capital is an Obama BUNDLER...
  • Tully Hawkeye 2012/05/23 13:24:24
    Tully
    I didn't see Bain on Obama's list, probably because the amount is too small to list next to the colleges and lawyers. I did see Bain and every Wall Street firm of note on Romney's list though.
    Goldman Sachs $573,080
    Bank of America $398,850
    JPMorgan Chase & Co $393,825
    Morgan Stanley $373,850
    Credit Suisse Group $317,410
    Citigroup Inc $301,550
    Kirkland & Ellis $248,052
    Barclays $228,400
    PricewaterhouseCoopers $214,250
    Wells Fargo $204,300
    HIG Capital $191,000
    UBS AG $190,500
    Blackstone Group $182,550
    Bain Capital $149,000
    Marriott International $132,827
    EMC Corp $129,200
    Citadel Investment Group $127,125
    Elliott Management $125,975
    Deloitte LLP $124,250
    Bain & Co $123,050

    http://www.opensecrets.org/pr...
  • Hawkeye Tully 2012/05/23 13:32:53
    Hawkeye
    +5
    Partial list of Obama supporters..

    University of California

    $1,648,685

    Goldman Sachs

    $1,013,091

    Harvard University

    $878,164

    Microsoft Corp

    $852,167

    Google Inc

    $814,540

    JPMorgan Chase & Co

    $808,799

    Citigroup Inc

    $736,771

    Time Warner

    $624,618


    Sidley Austin LLP

    $600,298

    Stanford University

    $595,716

    National Amusements Inc

    $563,798

    WilmerHale LLP

    $550,668

    Columbia University

    $547,852

    Skadden, Arps et al

    $543,539

    UBS AG

    $532,674

    IBM Corp

    $532,372

    General Electric

    $529,855

    US Government

    $513,308

    Morgan Stanley

    $512,232

    Latham & Watkins

    $503,295


    This was just a partial list that I found right off the bat.. You'll notice that MANY of the contributors are the same.. You'll ALSO notice that in MOST cases,, those contributors donated MORE,, in SOME cases,, FAR more,, to Obama then they did to Romney..
  • Tully Hawkeye 2012/05/23 13:37:17 (edited)
    Tully
    where did yours come from? That looks like a mix of 2008 and 2012.
    This is the 2012 thus far:
    Microsoft Corp $347,916
    DLA Piper $297,027
    University of California $261,846
    Sidley Austin LLP $240,846
    Google Inc $211,769
    Harvard University $194,458
    Comcast Corp $180,506
    Skadden, Arps et al $153,059
    Morgan & Morgan $135,145
    US Dept of State $131,032

    http://www.opensecrets.org/pr...
  • Hawkeye Tully 2012/05/23 13:47:25
    Hawkeye
    +2
    Same place that you got your's..

    www.opensecrets.org
  • Tully Hawkeye 2012/05/23 15:25:09
    Tully
    you're quoting 2008 numbers. Wall Street backed Obama because they knew he was a sure thing. They were backing Obama early on, but shifted to Romney when he outline his trade plans.

    I'm not voting for Obama by any means, but Romney's trade plans look to hurt the US, (especially the middle class) in the long run.
  • Hawkeye Tully 2012/05/23 16:02:51
    Hawkeye
    +3
    My point remains valid.. I dfon't remember anybody jumping all over Obama when these people backed him but SOMEHOW when a Republican gets the same treatment as a Democrat it turns sinister and wrong.. SAME thing with wealth.. I don't remember anybody villifying the Kennedys or John Kerry because THEY were wealthy but somehow because Romney is a Republican,, his wealth makes him UNQUALIFIED to be President..

    It's the SAME ole Double Standard that always rears it's ugly head when it comes to the political parties..
  • Tully Hawkeye 2012/05/23 16:26:20
    Tully
    True enough. With Kerry and Kennedy, it was based on their outward record. Their voting record showed they were voting for entitlements and pimping the poor.
  • Tully Elaine ... 2012/05/23 13:16:04
    Tully
    not this election cycle:

    Microsoft Corp $347,916
    DLA Piper $297,027
    University of California $261,846
    Sidley Austin LLP $240,846
    Google Inc $211,769
    Harvard University $194,458
    Comcast Corp $180,506
    Skadden, Arps et al $153,059
    Morgan & Morgan $135,145
    US Dept of State $131,032

    http://www.opensecrets.org/pr...
  • exhon2009 Elaine ... 2012/05/23 13:39:17
    exhon2009
    +5
    and to Tully's point, he hooked them up on the back end, like the investors in Solyndra who gave money to him.
  • Hawkeye exhon2009 2012/05/23 16:22:23
    Hawkeye
    +2
    AND,,, the UNIONS..
  • Ang74 Elaine ... 2012/05/23 16:25:18
    Ang74
    +1
    They give money to the one they predict to win the election. This is how they remain in control.
  • templer003 2012/05/23 11:34:46
    templer003
    +9
    The democrtaic party has been infiltrated by the communist party and there are to many of them who are blinded by the entitlement mentality { which leads to a form of slavery } by the " we can spend ourselves into prosperity " which leads to economic doom, by the " we can best serve the poor by keeping them poor " which leads to the first two downfalls..
    It will be a hard uphill battle to teach the Democrats the truth....
  • Bevos templer003 2012/05/23 11:44:09
    Bevos
    +9
    Easier to just VOTE THEM ALL OUT. Get rid of the Democrat Party. Go with the Republican Party and Independent Party. Don't let any of them back in on any ticket, that have been in before
  • templer003 Bevos 2012/05/23 11:53:04
    templer003
    +2
    Were it only that simple but alas they " the communist " are also in the Republican party too, they have done their job well I fear, have you seen the 45 tenets of the communist manifesto that was read before congress in 1963 ??? here it is please read down through them and then look at our country today and think of what all the unions promote, the schools and both political party's...

    The Communist Takeover Of
    America - 45 Declared Goals
    From Greg Swank
    12-4-2

    You are about to read a list of 45 goals that found their way down the halls of our great Capitol back in 1963. As you read this, 39 years later, you should be shocked by the events that have played themselves out. I first ran across this list 3 years ago but was unable to attain a copy and it has bothered me ever since. Recently, Jeff Rense posted it on his site and I would like to thank him for doing so. http://www.rense.com

    Communist Goals (1963) Congressional Record--Appendix, pp. A34-A35 January 10, 1963

    Current Communist Goals EXTENSION OF REMARKS OF HON. A. S. HERLONG, JR. OF FLORIDA IN THE HOUSE OF REPRESENTATIVES Thursday, January 10, 1963 .

    Mr. HERLONG. Mr. Speaker, Mrs. Patricia Nordman of De Land, Fla., is an ardent and articulate opponent of communism, and until recently published the De Land Courier, which she...









































































































    Were it only that simple but alas they " the communist " are also in the Republican party too, they have done their job well I fear, have you seen the 45 tenets of the communist manifesto that was read before congress in 1963 ??? here it is please read down through them and then look at our country today and think of what all the unions promote, the schools and both political party's...

    The Communist Takeover Of
    America - 45 Declared Goals
    From Greg Swank
    12-4-2

    You are about to read a list of 45 goals that found their way down the halls of our great Capitol back in 1963. As you read this, 39 years later, you should be shocked by the events that have played themselves out. I first ran across this list 3 years ago but was unable to attain a copy and it has bothered me ever since. Recently, Jeff Rense posted it on his site and I would like to thank him for doing so. http://www.rense.com

    Communist Goals (1963) Congressional Record--Appendix, pp. A34-A35 January 10, 1963

    Current Communist Goals EXTENSION OF REMARKS OF HON. A. S. HERLONG, JR. OF FLORIDA IN THE HOUSE OF REPRESENTATIVES Thursday, January 10, 1963 .

    Mr. HERLONG. Mr. Speaker, Mrs. Patricia Nordman of De Land, Fla., is an ardent and articulate opponent of communism, and until recently published the De Land Courier, which she dedicated to the purpose of alerting the public to the dangers of communism in America.

    At Mrs. Nordman's request, I include in the RECORD, under unanimous consent, the following "Current Communist Goals," which she identifies as an excerpt from "The Naked Communist," by Cleon Skousen:

    [From "The Naked Communist," by Cleon Skousen]

    1. U.S. acceptance of coexistence as the only alternative to atomic war.

    2. U.S. willingness to capitulate in preference to engaging in atomic war.

    3. Develop the illusion that total disarmament [by] the United States would be a demonstration of moral strength.

    4. Permit free trade between all nations regardless of Communist affiliation and regardless of whether or not items could be used for war.

    5. Extension of long-term loans to Russia and Soviet satellites.

    6. Provide American aid to all nations regardless of Communist domination.

    7. Grant recognition of Red China. Admission of Red China to the U.N.

    8. Set up East and West Germany as separate states in spite of Khrushchev's promise in 1955 to settle the German question by free elections under supervision of the U.N.

    9. Prolong the conferences to ban atomic tests because the United States has agreed to suspend tests as long as negotiations are in progress.

    10. Allow all Soviet satellites individual representation in the U.N.

    11. Promote the U.N. as the only hope for mankind. If its charter is rewritten, demand that it be set up as a one-world government with its own independent armed forces. (Some Communist leaders believe the world can be taken over as easily by the U.N. as by Moscow. Sometimes these two centers compete with each other as they are now doing in the Congo.)

    12. Resist any attempt to outlaw the Communist Party.

    13. Do away with all loyalty oaths.

    14. Continue giving Russia access to the U.S. Patent Office.

    15. Capture one or both of the political parties in the United States.

    16. Use technical decisions of the courts to weaken basic American institutions by claiming their activities violate civil rights.

    17. Get control of the schools. Use them as transmission belts for socialism and current Communist propaganda. Soften the curriculum. Get control of teachers' associations. Put the party line in textbooks.

    18. Gain control of all student newspapers.

    19. Use student riots to foment public protests against programs or organizations which are under Communist attack.

    20. Infiltrate the press. Get control of book-review assignments, editorial writing, policy-making positions.

    21. Gain control of key positions in radio, TV, and motion pictures.

    22. Continue discrediting American culture by degrading all forms of artistic expression. An American Communist cell was told to "eliminate all good sculpture from parks and buildings, substitute shapeless, awkward and meaningless forms."

    23. Control art critics and directors of art museums. "Our plan is to promote ugliness, repulsive, meaningless art."

    24. Eliminate all laws governing obscenity by calling them "censorship" and a violation of free speech and free press.

    25. Break down cultural standards of morality by promoting pornography and obscenity in books, magazines, motion pictures, radio, and TV.

    26. Present homosexuality, degeneracy and promiscuity as "normal, natural, healthy."

    27. Infiltrate the churches and replace revealed religion with "social" religion. Discredit the Bible and emphasize the need for intellectual maturity, which does not need a "religious crutch."

    28. Eliminate prayer or any phase of religious expression in the schools on the ground that it violates the principle of "separation of church and state."

    29. Discredit the American Constitution by calling it inadequate, old-fashioned, out of step with modern needs, a hindrance to cooperation between nations on a worldwide basis.

    30. Discredit the American Founding Fathers. Present them as selfish aristocrats who had no concern for the "common man."

    31. Belittle all forms of American culture and discourage the teaching of American history on the ground that it was only a minor part of the "big picture." Give more emphasis to Russian history since the Communists took over.

    32. Support any socialist movement to give centralized control over any part of the culture--education, social agencies, welfare programs, mental health clinics, etc.

    33. Eliminate all laws or procedures which interfere with the operation of the Communist apparatus.

    34. Eliminate the House Committee on Un-American Activities.

    35. Discredit and eventually dismantle the FBI.

    36. Infiltrate and gain control of more unions.

    37. Infiltrate and gain control of big business.

    38. Transfer some of the powers of arrest from the police to social agencies. Treat all behavioral problems as psychiatric disorders which no one but psychiatrists can understand [or treat].

    39. Dominate the psychiatric profession and use mental health laws as a means of gaining coercive control over those who oppose Communist goals.

    40. Discredit the family as an institution. Encourage promiscuity and easy divorce.

    41. Emphasize the need to raise children away from the negative influence of parents. Attribute prejudices, mental blocks and retarding of children to suppressive influence of parents.

    42. Create the impression that violence and insurrection are legitimate aspects of the American tradition; that students and special-interest groups should rise up and use ["]united force["] to solve economic, political or social problems.

    43. Overthrow all colonial governments before native populations are ready for self-government.

    44. Internationalize the Panama Canal.

    45. Repeal the Connally reservation so the United States cannot prevent the World Court from seizing jurisdiction [over domestic problems. Give the World Court jurisdiction] over nations and individuals alike.

    Note by Webmaster: The Congressional Record back this far has not be digitized and posted on the Internet.

    It will probably be available at your nearest library that is a federal repository. Call them and ask them. Your college library is probably a repository. This is an excellent source of government records. Another source are your Congress Critters. They should be more than happy to help you in this matter. You will find the Ten Planks of the Communist Manifesto interesting at this point.

    Webmaster Forest Glen Durland found the document in the library.

    Sources are listed below.

    Microfilm: California State University at San Jose Clark Library, Government Floor Phone (408)924-2770 Microfilm Call Number: J 11.R5

    Congressional Record, Vol. 109 88th Congress, 1st Session Appendix Pages A1-A2842 Jan. 9-May 7, 1963 Reel 12
    (more)

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