If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(Huffington Post)   If this guy is our only hope for this fiscal mess we're in then somebody needs to turn out the lights on their way out   (huffingtonpost.com) divider line 2
    More: Interesting, Federal Reserve Chairman Ben Bernanke, SAC Capital Advisors, a.m. ET, Tim Geithner, Federal Reserve, Securities and Exchange Commission, quantitative easing  
•       •       •

4476 clicks; posted to Business » on 29 Nov 2012 at 12:35 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



Voting Results (Smartest)
View Voting Results: Smartest and Funniest


Archived thread
2012-11-29 01:32:46 PM
2 votes:

jjorsett: There is no painless -- or should I say searing agony-free -- way out at this point. When the fed stops the presses and interest rates start rising, that's when these policies come home not to roost but to claw thru the front door and eat us alive.


There is if we start playing the long game again.

We can have the budget balanced more easily if we take a century to do it, versus taking 10 years. (Though it should be pointed out that no one's going to eliminate the total debt in 10 years - not Obama, not Congressional Republicans, not Romney. Maybe shrinking the yearly deficit relative to years past, some even claiming a surplus in the out-years [years 11, 12, 13...]).

If the GOP is dead-set on forcing these showdowns every year or two, it's going to be painful every time - ask your boss what business would be like if all of your clients flirted with not making payments once a year. So long as things are in that way uncertain (i.e. no one knows if the GOP will suicide-pact itself every year from now until eternity), businessphincters will be tighter than Joan Rivers' face.
2012-11-29 01:37:09 PM
1 votes:

Dr Dreidel: jjorsett: There is no painless -- or should I say searing agony-free -- way out at this point. When the fed stops the presses and interest rates start rising, that's when these policies come home not to roost but to claw thru the front door and eat us alive.

There is if we start playing the long game again.

We can have the budget balanced more easily if we take a century to do it, versus taking 10 years. (Though it should be pointed out that no one's going to eliminate the total debt in 10 years - not Obama, not Congressional Republicans, not Romney. Maybe shrinking the yearly deficit relative to years past, some even claiming a surplus in the out-years [years 11, 12, 13...]).

If the GOP is dead-set on forcing these showdowns every year or two, it's going to be painful every time - ask your boss what business would be like if all of your clients flirted with not making payments once a year. So long as things are in that way uncertain (i.e. no one knows if the GOP will suicide-pact itself every year from now until eternity), businessphincters will be tighter than Joan Rivers' face.


Which is why we should only elect Republicans to office. It's the only way to guarantee they won't kill us all. And by "US", I mean the entire world
 
Displayed 2 of 2 comments

View Voting Results: Smartest and Funniest


This thread is archived, and closed to new comments.

Continue Farking
Submit a Link »






Report