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(Yahoo) Obvious Obama urges patience on economic stimulus plan, assures everyone, "We're printing money as fast as we can"   (news.yahoo.com) divider line 403
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Nemo's Brother 2009-07-12 11:59:39 AM  
Obama has either gone full retard, or he is a brilliant and wants American to fall.

 
PC LOAD LETTER [TotalFark] 2009-07-12 12:05:40 PM  
Nemo's Brother: Obama has either gone full retard, or he is a brilliant and wants American to fall.

Remember Descent:

The highest form of patriotic.

 
ragekage [TotalFark] 2009-07-12 12:09:30 PM  
Nemo's Brother: Obama has either gone full retard, or he is a brilliant and wants American to fall.

Could you at least make it a little less obvious on which trolling headlines you write, Nemo?

Not just that, but you wrote that sentence without any sense of irony. Like that's any different than previous administrations. Our government has been printing it's way out of hard times since, oh, the Civil War. Methinks it's you who has gone full retard; sadly, I'm afraid I must farky you as such.

 
Stays Crunchy in Milk [TotalFark] 2009-07-12 12:11:12 PM  
PC LOAD LETTER: Remember Descent:

The highest form of patriotic.


i169.photobucket.com

 
dustman81 [TotalFark] 2009-07-12 12:11:17 PM  
Unemployment is a lagging economic indicator. Unemployment is a lagging economic indicator. Unemployment is a lagging economic indicator. Unemployment is a lagging economic indicator. Unemployment is a lagging economic indicator. Unemployment is a lagging economic indicator. Unemployment is a lagging economic indicator. Unemployment is a lagging economic indicator. Unemployment is a lagging economic indicator. Unemployment is a lagging economic indicator.

The jobs wouldn't magically appear as soon as Obama finished signing the American Recovery and Reinvestment Act (ARRA). The money is starting to flow, but it does take time. Agencies are starting to get the money and are bidding projects and hiring workers.

Unfortunately, Americans want everything fixed right now and don't understand the concept of patience.

 
St_Francis_P [TotalFark] 2009-07-12 12:15:26 PM  
I'm not sure Obama's plan will work, but I also don't expect results in less than a year.

 
Andyr2120 [TotalFark] 2009-07-12 12:26:55 PM  
Nemo's Brother: Obama has either gone full retard, or he is a brilliant and wants American to fall.

I've been reading Fark for years, and I have been a TF member for the last 2-3 years. This is the first dipshiat I've ever added to my ignore list.

 
orbitalfreak 2009-07-12 12:31:58 PM  
FTFPOTUS:
"It was, from the start, a two-year program, and it will steadily save and create jobs as it ramps up over this summer and fall."

Who here honestly thought that sweeping results would start within just a few months? Legislation is written, reviewed (hopefully), voted on, and put into law. Decide how much money to dole out, how much goes where, and make it available. State and local agencies apply for the funding. New projects are worked up, or existing plans are greenlit. Local contractors are hired to facilitate the building/paving/construction etc. They place ads for more workers. They contact the materials suppliers who also need an ad campaign to bring in workers.

After all that, then paychecks can start going out. It's not an overnight process.

 
Shostie [TotalFark] 2009-07-12 12:32:21 PM  
dustman81: The jobs wouldn't magically appear as soon as Obama finished signing the American Recovery and Reinvestment Act (ARRA). The money is starting to flow, but it does take time. Agencies are starting to get the money and are bidding projects and hiring workers.

Unfortunately, Americans want everything fixed right now and don't understand the concept of patience.


STFU!!! When a politician says something is going to happen it's going to happen TOMORROW, not years from now.

I don't care if it takes a while for the money to be disbursed to companies and it takes time for the companies to plan a project, hire workers and pay their employees. It has to happen now, NOW, NOW, NOOOOOOOOOOOOOOOOW!

 
TSD [TotalFark] 2009-07-12 12:33:54 PM  
JESUS CHRIST! YOU ARE KILLING ME!!

i41.photobucket.com

 
Riche [TotalFark] 2009-07-12 12:34:31 PM  
Priming the economic pump takes time-- years, even.

That said, I really wish Obama pushed for a lot more in the way of targeted tax increases to help pay for all this spending. Yeah, the cons would pitch a hissy fit, but they're doing that right now even after Obama LOWERED taxes for most of them.

A top tax rate of 70-90% sure didn't hurt economic growth in the postwar 40's, 50's, 60's, 70's and part of the 80's. There's no reason why it would hurt economic growth today.

It's not that I LIKE the thought of some having to pay taxes that high. But the fact is we're over 10 TRILLION in debt. That debt is rapidly growing. I can see deficit spending being necessary with the current deep recession, but sooner or later taxes are going to have to go dramatically higher to pay down that tab.

Hell, it's not like the right could jack the rhetoric up against Obama any higher-- at least not without getting a well-justified visit from the SS.


========================================================

ragekage: Nemo's Brother: Obama has either gone full retard, or he is a brilliant and wants American to fall.

Could you at least make it a little less obvious on which trolling headlines you write, Nemo?

Not just that, but you wrote that sentence without any sense of irony. Like that's any different than previous administrations. Our government has been printing it's way out of hard times since, oh, the Civil War. Methinks it's you who has gone full retard; sadly, I'm afraid I must farky you as such.


You're just getting around to doing that now? Hell, I've had him highlighted with Retard Red for months now.

 
Last One Left [TotalFark] 2009-07-12 12:37:18 PM  
If Obama's in charge of monetary policy now, who's handling fiscal policy?

 
Gosling [TotalFark] 2009-07-12 12:40:03 PM  
dustman81: Unfortunately, Americans want everything fixed right now and don't understand the concept of patience.

Oh, that's just crazy talk. Now if you'll excuse me, I must be off to find out the ending to this game I pre-ordered. Also gotta get the strategy guide, because I've penciled myself in to reach 100% by Friday. Oh, how I do love Christmas shopping.

 
orbitalfreak 2009-07-12 12:41:52 PM  
Riche: A top tax rate of 70-90%

And one thing that a lot of people tend to gloss over with these extreme tax rates is the fact that you can create new tax brackets to hold them. We're not going to take all of the current 35%ers and jack them up to 70%. It could be done as 40% for the next $300,000, 55% for the $2,000,000 after that, 65% for the next five million, or whatever combination of new brackets and new rates makes sense.

 
TheOther [TotalFark] 2009-07-12 12:46:26 PM  
Everybody who had 'Things will get worse before they get better' in the pool, step forward and pick up your share of the pot.

Okay, that's everybody with an IQ above 100.

 
Dr. Rosenrosen 2009-07-12 12:48:26 PM  
Geez, it took Bush 8 years to wreck things this bad, and he was the master at driving businesses/organizations into the ground! Give Obama at least a year to clean things up.

 
Crosshair [TotalFark] 2009-07-12 01:31:01 PM  
"We're printing money as fast as we can"

...and I'm getting my money OUT of US dollars as fast as I can.

/Canadian Royalty Trusts FTW.
//Still a rather good investment, even with the new tax laws.
///Still researching which are the best long term ones. Anyone have any good advice?

 
ragekage [TotalFark] 2009-07-12 01:38:56 PM  
Crosshair: "We're printing money as fast as we can"

...and I'm getting my money OUT of US dollars as fast as I can.

/Canadian Royalty Trusts FTW.
//Still a rather good investment, even with the new tax laws.
///Still researching which are the best long term ones. Anyone have any good advice?


Just to laugh like hell at you. Heh. But heck, that's free market capitalism for you; the firearm and ammo industry is laughing all the way to the bank at the fears Obama is gonna take their guns!!11 Same with people de-investing in the dollar, at least in the currency markets.

Though Canroys aren't too bad, but isn't there still a 15% tax for foreign investors? It'd have to be REAL good for it to be worth it for you, I think.

 
Megain [TotalFark] 2009-07-12 01:40:11 PM  
ragekage: Could you at least make it a little less obvious on which trolling headlines you write, Nemo?

in the last 3 threads i've read where Nemo's Brother has kicked off the thread with idiocy, someone has called him out for writing the headline. i think it's funny that he didn't write any of them. keep the baseless accusations coming, it's almost as ignorant as he is

/not submitter

 
SingletonFactory [TotalFark] 2009-07-12 01:49:14 PM  
For the record, I am not a big fan of the stimulus package. Partially because I am a single dude with moderate income, so I get virtually nothing directly (just like the Bush stimulus packages). But also because I'm not sure how much they work.

That said, I think it is silly to be expecting results already. Our economy is where it is now because of at least a decade of poor management, you can't expect it to be all better overnight.

On a side note - I love how people who think we are heading down a socialist path make a big deal of telling everyone they think the dollar is going to tank so they are investing in other currencies. What currencies do they invest in? Those of countries that are even more socialist than Obama could ever hope to make us. You guys crack me up!

 
Gosling [TotalFark] 2009-07-12 01:58:32 PM  
Megain, if you know he didn't write the headline despite him never saying so himself... who did?

 
Megain [TotalFark] 2009-07-12 02:07:13 PM  
Gosling: Megain, if you know he didn't write the headline despite him never saying so himself... who did?

that i don't know. and to be fair, he could have written them using an alt. but his number of greenlights has been steady at 5 since before the first of three instances i'm referring to, which precludes him from being the submitter

 
ragekage [TotalFark] 2009-07-12 02:12:11 PM  
Megain: Gosling: Megain, if you know he didn't write the headline despite him never saying so himself... who did?

that i don't know. and to be fair, he could have written them using an alt. but his number of greenlights has been steady at 5 since before the first of three instances i'm referring to, which precludes him from being the submitter


That's what I was thinking; that way, he's got plausible deniability. "But, see, I only have the same number of greenlights!" That's why I told him to be a *little* less obvious about it.

 
Megain [TotalFark] 2009-07-12 02:19:02 PM  
ragekage: Megain: Gosling: Megain, if you know he didn't write the headline despite him never saying so himself... who did?

that i don't know. and to be fair, he could have written them using an alt. but his number of greenlights has been steady at 5 since before the first of three instances i'm referring to, which precludes him from being the submitter

That's what I was thinking; that way, he's got plausible deniability. "But, see, I only have the same number of greenlights!" That's why I told him to be a *little* less obvious about it.


so you assume he's the only troll on fark?

 
basemetal [TotalFark] 2009-07-12 02:28:23 PM  
I'm not a big fan of ANY politician but it's hard not to kind of like the guy. He inherited a turd and you have to give him some time. Still, he'll be lucky not to come out looking like Carter, who himself inherited a turd and quickly dropped it.

 
ragekage [TotalFark] 2009-07-12 02:34:44 PM  
Megain: so you assume he's the only troll on fark?

Hardly, but he's one of the stupider ones with his modus operandi. At least the other ones give it a good go for awhile until they slip. I know TCS is still around, too; I think I've got an eye on at least one of his alts. I think we just finally hurt Nemo's feelings too much in exposing his intellectual dishonesty, and he just snapped- and now he doesn't care. Hence, the hit-and-run submission/comments.

 
tin_man [TotalFark] 2009-07-12 02:49:26 PM  
basemetal: I'm not a big fan of ANY politician but it's hard not to kind of like the guy. He inherited a turd and you have to give him some time. Still, he'll be lucky not to come out looking like Carter, who himself inherited a turd and quickly dropped it.

Go drill some teeth, comrade.

 
basemetal [TotalFark] 2009-07-12 02:51:53 PM  
tin_man: basemetal: I'm not a big fan of ANY politician but it's hard not to kind of like the guy. He inherited a turd and you have to give him some time. Still, he'll be lucky not to come out looking like Carter, who himself inherited a turd and quickly dropped it.

Go drill some teeth, comrade.


Evil husker.

 
Cagey B [TotalFark] 2009-07-12 03:11:54 PM  
Anyone familiar with the government contracting process and the distribution of funds from federal to state governments should be amazed at how fast it's gone so far.

Many states have had to change their laws in the time period from the signing of ARRA in February in order to legally accept and spend the money.

The fact that any money at all has been spent in the six months since the stimulus was signed is freaking amazing. And most of it will be put out into the economy in the coming months.

So when you see someone go "OMG why hasn't it WORKED YET!?!", what they're really saying is "hello, I'm afraid I haven't any understanding of either governance or economics. Please put me in a headlock and give me an enlightening noogie."

 
Crosshair [TotalFark] 2009-07-12 03:12:59 PM  
ragekage: Just to laugh like hell at you. Heh. But heck, that's free market capitalism for you; the firearm and ammo industry is laughing all the way to the bank at the fears Obama is gonna take their guns!!11 Same with people de-investing in the dollar, at least in the currency markets.

Though Canroys aren't too bad, but isn't there still a 15% tax for foreign investors? It'd have to be REAL good for it to be worth it for you, I think.


So you think the rampant money printing and government spending are going to be GOOD for the US dollar? The Chinese have $1 trillion, that's true. Are they going to buy another $3-4 trillion or are they going to cut their loses, float their currency, and let their own consumers start consuming and exporting to markets that can actually pay for their imports.

The 15% tax applies to some foreign investors. Depending on the investor you can get some of that money back. Personally, I see a 10% annual dividend as a good return even with the tax. (With some A rated ones giving as high as 12%.) When the dollar starts to take a real nosedive, probably early next year with the next wave of ARM defaults, the return in terms of US dollars will be much higher. So even with the tax you come out ahead. Sure I missed the lows, but there is still opportunity.

No I'm not going to be taking my investment advice just from people on Fark. I'm looking all over for what I can find. Gold stocks are still down quite a bit as well. More risky than physical gold, but more rewards as well.

Not to mention that I took no part in the recent gun bubble that has yet to quite pop. I was already well stocked up on most items and actually sold quite a bit that i no longer needed for a nice profit. I've been running off my stockpile for the last year.

I'm getting dinky 2-3% returns on my US investments and I don't see much else available. A legitimate 8-12% return is a attractive investment. The treatment of GM creditors also makes one question the safety of US investments if contracts are so easily voided.

People who were saying housing prices would plummet were called fools and laughed at two years ago. Look who was right. Time will tell in this case.

 
Bucky Katt [TotalFark] 2009-07-12 03:15:11 PM  
Nemo's Brother: Obama has either gone full retard, or he is a brilliant and wants American to fall.

that's the second Nemo Butthurt thread greenlighted today.

 
elchip [TotalFark] 2009-07-12 03:18:16 PM  
Nemo's Brother: Obama has either gone full retard, or he is a brilliant and wants American to fall.

STFU and be glad he's not pushing for a second stimulus ;)

 
WhoIsPurpleGoo [TotalFark] 2009-07-12 03:24:17 PM  
dustman81: Unemployment is a lagging economic indicator. Unemployment is a lagging economic indicator. Unemployment is a lagging economic indicator. Unemployment is a lagging economic indicator. Unemployment is a lagging economic indicator. Unemployment is a lagging economic indicator. Unemployment is a lagging economic indicator. Unemployment is a lagging economic indicator. Unemployment is a lagging economic indicator. Unemployment is a lagging economic indicator.


true, but hours worked per week is a leading economic indicator. and it has hit all time highs the last two months and nobody bothers to report this.

but, yes we need to be patient.

 
ragekage [TotalFark] 2009-07-12 03:24:20 PM  
Crosshair: ragekage: Just to laugh like hell at you. Heh. But heck, that's free market capitalism for you; the firearm and ammo industry is laughing all the way to the bank at the fears Obama is gonna take their guns!!11 Same with people de-investing in the dollar, at least in the currency markets.

Though Canroys aren't too bad, but isn't there still a 15% tax for foreign investors? It'd have to be REAL good for it to be worth it for you, I think.

...Cool story, bro!...

People who were saying housing prices would plummet were called fools and laughed at two years ago. Look who was right. Time will tell in this case.


Indeed, I don't claim to be a financial expert in any sense of the word, but neither do I put much stock into the prospects of doom and gloom. Maybe I'm foolish, but I'm putting my faith into the American people and our country for getting back on the right track; and the dollar to continue to remain strong because of it.

Not that it matters much to me, I had to cash in all my investments and retirement savings to pay for my daughter's birth and the complications of it.

 
ragekage [TotalFark] 2009-07-12 03:25:40 PM  
WhoIsPurpleGoo: true, but hours worked per week is a leading economic indicator. and it has hit all time highs the last two months and nobody bothers to report this.

but, yes we need to be patient.


This; especially in retail, where you sometimes get multi-hourly updates from HR/District/corporate on how many hours you're allowed to expend for the store per work.

 
Nemo's Brother 2009-07-12 03:46:04 PM  
ragekage: Nemo's Brother: Obama has either gone full retard, or he is a brilliant and wants American to fall.

Could you at least make it a little less obvious on which trolling headlines you write, Nemo?

Not just that, but you wrote that sentence without any sense of irony. Like that's any different than previous administrations. Our government has been printing it's way out of hard times since, oh, the Civil War. Methinks it's you who has gone full retard; sadly, I'm afraid I must farky you as such.


I don't write most of these headlines. I just try to tick enough people off so that they go greenlight. Mission accomplished, you easily manipulated sheep!

 
Gunther 2009-07-12 03:46:34 PM  
Andyr2120: I've been reading Fark for years, and I have been a TF member for the last 2-3 years. This is the first dipshiat I've ever added to my ignore list.

What's the point of even having an ignore list when dumbasses like you continually quote trolls?

 
mattyc 2009-07-12 03:46:41 PM  
Dr. Rosenrosen: Geez, it took Bush 8 years to wreck things this bad, and he was the master at driving businesses/organizations into the ground! Give Obama at least a year to clean things up.

I'm just trying to find the differences between the two parties...seems to me one is just as hell bent on farking us as the other

 
Nemo's Brother 2009-07-12 03:47:10 PM  
Bucky Katt: Nemo's Brother: Obama has either gone full retard, or he is a brilliant and wants American to fall.

that's the second Nemo Butthurt thread greenlighted today.


Not my thread, but let's talk about me instead of Obama. That will be a nice diversion until we can find a way to blame the RepubliKKKans!

 
shotglasss 2009-07-12 03:48:05 PM  
Dr. Rosenrosen: Geez, it took Bush 8 years to wreck things this bad, and he was the master at driving businesses/organizations into the ground! Give Obama at least a year to clean things up.

Take a look at who was running Congress the last two years of Bush's term. That's when the economy went bad.

Say thank you to Pelosi, Reid, and the rest of that cabal of criminals.

 
Nemo's Brother 2009-07-12 03:48:10 PM  
Gunther: Andyr2120: I've been reading Fark for years, and I have been a TF member for the last 2-3 years. This is the first dipshiat I've ever added to my ignore list.

What's the point of even having an ignore list when dumbasses like you continually quote trolls?


What is the use of being on a large forum when you so easily offended by anything that Keith Olbermann doesn't agree with? Such thin-skinned pussies you all are. DIAF for the good of America, please.

 
ragekage [TotalFark] 2009-07-12 03:49:29 PM  
Nemo's Brother: I don't write most of these headlines. I just try to tick enough people off so that they go greenlight. Mission accomplished, you easily manipulated sheep!

Cool story, bro!

But hey, that actually works for me- and especially you admitting it. You know, people will associate you and your actions with the Republican part, and I'm all for that.

Tell the guys back at DU you're one helluva effective troll!

 
walnuts55 [TotalFark] 2009-07-12 03:49:39 PM  
Andyr2120: Nemo's Brother: Obama has either gone full retard, or he is a brilliant and wants American to fall.

I've been reading Fark for years, and I have been a TF member for the last 2-3 years. This is the first dipshiat I've ever added to my ignore list.


I do not think his plan is a great one, But it will take time to find that out. He might need to add to the plan. But I don't understand puting anyone on a ignore list. Will words hurt you. I just laugh at the tarts as they do with me.

 
TheShavingofOccam123 [TotalFark] 2009-07-12 03:50:37 PM  
As opposed to the oil trusts like Standard Oil, er, ExxonMobil who this time last year were taking as much money as they could out of the general economy and concentrating the wealth. $40 billion dollars in dividends and buybacks.

But business is our hero.

 
Klingon Penis 2009-07-12 03:51:48 PM  
www.israellycool.com

This thread is QUEER!

 
GaryPDX [TotalFark] 2009-07-12 03:53:08 PM  
I tried to warn people last fall but I was called crazy. It ain't gonna work, the expectations are too high, people are learning to save their money (complete turn around in even best of times, the people, they are learning) and the ideology too crazy, like South Chicago. Almost all of the "stimulus" went to 30 years of lib pet projects that would never get done otherwise. I figure the NE cities will implode first, then the west coast.

But hey, let's keep porking trillions upon trillions into the vortex and taking over private industries. Pretty soon this won't even look like America and then all bets are off.

Zombie Apocalypse..:)

/Hopey hope change.

 
elchip [TotalFark] 2009-07-12 03:53:12 PM  
dustman81: Unemployment is a lagging economic indicator. Unemployment is a lagging economic indicator. Unemployment is a lagging economic indicator. Unemployment is a lagging economic indicator. Unemployment is a lagging economic indicator. Unemployment is a lagging economic indicator. Unemployment is a lagging economic indicator. Unemployment is a lagging economic indicator. Unemployment is a lagging economic indicator. Unemployment is a lagging economic indicator.

The jobs wouldn't magically appear as soon as Obama finished signing the American Recovery and Reinvestment Act (ARRA). The money is starting to flow, but it does take time. Agencies are starting to get the money and are bidding projects and hiring workers.

Unfortunately, Americans want everything fixed right now and don't understand the concept of patience.


img13.imageshack.us

Republicans are gonna be so pissed when the unemployment rate starts going down...

 
Torque420 2009-07-12 03:53:14 PM  
dustman81: Unemployment is a lagging economic indicator. Unemployment is a lagging economic indicator. Unemployment is a lagging economic indicator. Unemployment is a lagging economic indicator. Unemployment is a lagging economic indicator. Unemployment is a lagging economic indicator. Unemployment is a lagging economic indicator. Unemployment is a lagging economic indicator. Unemployment is a lagging economic indicator. Unemployment is a lagging economic indicator.

The jobs wouldn't magically appear as soon as Obama finished signing the American Recovery and Reinvestment Act (ARRA). The money is starting to flow, but it does take time. Agencies are starting to get the money and are bidding projects and hiring workers.

Unfortunately, Americans want everything fixed right now and don't understand the concept of patience.



I would have to say that its not so much the American people saying this but the Repubs and FOX news who are. I dont know of one intelligent person who dosent understand that it will take time for the federal moneys to be dispursed and for the American people to see any difference in their daily lives and job market

 
GaryPDX [TotalFark] 2009-07-12 03:55:25 PM  
elchip: Nemo's Brother: Obama has either gone full retard, or he is a brilliant and wants American to fall.

STFU and be glad he's not pushing for a second stimulus ;)


Someone is..lol. My money is on Frank and Pelosi.

 
WhyteRaven74 [TotalFark] 2009-07-12 03:55:50 PM  
shotglasss: Take a look at who was running Congress the last two years of Bush's term. That's when the economy went bad.

Yeah because the actions of various institutions like Lehman Brothers, Bank of America etc had nothing at all to do with making a mess of the economy.

GaryPDX: let's keep porking trillions upon trillions into the vortex and taking over private industries.

Funny you never say a bad word about those industries farking over countless people and then refusing to own up to their own stupidity.

 
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