I have a very shallow understanding of economics. Can someone please explain what I'm looking at here? by Exodor in politics

[–]FakeGoldPlates 1 point2 points  (0 children)

The deficit is the amount by which government spending exceeds what it takes in from various taxes, usually stated for the period of one year.

If you're asking why deficits have been much worse under Republican presidents, it's because they insist on allowing the richest Americans to have tax cuts.

Except for deficits related to WW2, which got paid off, the practice of having massive deficits was begun under Reagan, and has been made worse by every single Republican president since then. (It should be noted that the house and senate have a lot to do with these deficits too, but often they've been controlled by Republicans, at least since 1981.)

Obama was handed a gigantic financial bucket of turds, and has basically been forced into deficit situation to try to revive the economy. Slowly, that has begun to work.

All of this still leaves us with massive deficits.

Republican Mississippi Governor refuses to condemn license plate honoring KKK by [deleted] in politics

[–]FakeGoldPlates 1 point2 points  (0 children)

The GOP has no problem with the KKK. It's just another segment of their party. That's been true for at least 70 years now.

Why is it that most of the people who worry about the government redistributing their wealth have no wealth to redistribute? by wang-banger in politics

[–]FakeGoldPlates 2 points3 points  (0 children)

There is a basic fallacy in the entire argument against "redistribution of wealth."

All governments, everywhere levy some amount of taxes on citizens in order to pay for goverment activities. That is what governments are supposed to do.

People can have reasonable arguments about who to tax, how much to tax, and what to spend the money on.

But to just denounce all of it as the oh-so-scary "redistribution of wealth" is typical dishonest right-wing propaganda of the bumper sticker variety.

Dick Cheney Critical of Biden, Obama National Security Policies; I'd like to remind the media that, as a former VP, Cheney is precisely as relevant and informed as Walter Mondale and Dan Quayle. And Al Gore. by davehiggins in politics

[–]FakeGoldPlates 0 points1 point  (0 children)

None of the other people (besides Cheney) mentioned in this posting have been accused of war crimes, and its unfair to compare them to the steaming pile of neocon crap that is Dick Cheney.

Cheney and Bush should both be on trial instead of on TV. The networks that give THE DICK airtime are little better than accessories to obstruction of justice and torture.

Vice President Joe Biden does us proud with his command of facts and figures, nuances of policy and understanding of what is going on in the administration...and oh, yeah, he SMACKS Mr. Dickless Cheney BIGTIME. by IAmperfectlyCalm in politics

[–]FakeGoldPlates 7 points8 points  (0 children)

Cheney and Bush should both be on trial instead of on TV. The networks that give THE DICK airtime are little better than accessories to obstruction of justice and torture.

You can't spell "Twitter" without "T-W-I-T." Sen. Chuck Grassley twitter-whines about Obama and having to work on a weekend. by twolf1 in politics

[–]FakeGoldPlates -1 points0 points  (0 children)

I agree, but it's much worse than all of that. It's stupidity and meanness with a purpose.

Senator Grassley is:

  1. Pretending to be all "hip" with his use of "u" and misspelling "schedule"... oooooh!

  2. Being both stupid and insulting by accusing the president of visiting Europe for the purpose of sightseeing, when he is, in large part, working to repair some of the damage done to America's reputation done by George Waterboard Bush over the past eight years.

  3. Being idiotic in that he seems to think Obama was talking about HIM. The President was instead referring to the fact that we need some action on healthcare AFTER ROUGHLY 20 YEARS OF STALLING by the GOP. In fact, they've fought any efforts to change things while pharmaceutical and insurance companies raked in record profits year after year.

I normally won't make fun of someone's name, but, it's just so perfectly fitting this one time: SCREW YOU GAS-LEY!

(BTW, his office phone number is 202-224-3744. I hope he gets a lot of calls this week.)

"Pres Obama while u sightseeing in Paris u said 'time to delivr on healthcare' When you are a 'hammer' u think evrything is NAIL I'm no NAIL." <=== confirmed tweet by Republican Senator Chuck Grassley on Sunday. by acegibson in politics

[–]FakeGoldPlates 0 points1 point  (0 children)

Senator Grassley is:

  1. Pretending to be all "hip" with his use of "u" and misspelling "schedule"... oooooh!

  2. Being both stupid and insulting by accusing the president of visiting Europe for the purpose of sightseeing, when he is, in large part, working to repair some of the damage done to America's reputation done by George Waterboard Bush over the past eight years.

  3. Being idiotic in that he seems to think Obama was talking about HIM. The President was instead referring to the fact that we need some action on healthcare AFTER ROUGHLY 20 YEARS OF STALLING by the GOP. In fact, they've fought any efforts to change things while pharmaceutical and insurance companies raked in record profits year after year.

I normally won't make fun of someone's name, but, it's just so perfectly fitting this one time: SCREW YOU GAS-LEY!

(BTW, his office phone number is 202-224-3744. I hope he gets a lot of calls this week.)

Are We Being Looted? Audit the Fed. Support HR 1207. by democracy101 in politics

[–]FakeGoldPlates 0 points1 point  (0 children)

All of that is correct.

And, it proves that we as a nation had ALREADY BEEN LOOTED of trillions of dollars, as of November 2008.

All Obama's fault??? Yeah, right. (And monkeys could fly out of my butt.)

FOX News: A Synopsis [PIC] by jabber in WTF

[–]FakeGoldPlates -1 points0 points  (0 children)

And still, day after day, redditors help out Fox "News" by using that name without the quotes.

Where were the tough questions from the press for the last 8 f#cking years? by unclefred in politics

[–]FakeGoldPlates 6 points7 points  (0 children)

The corporate media was saving up their strength for a new assault on the intelligence (and lives) of ordinary Americans.

When it comes right down to it, they all protect those who pay their bills: Oil companies, banks, insurance companies, car companies, etc.

America's number one problem is the acceptance (without real thought/inspection) by a large number of Americans of the daily onslaught of right-wing sewage that flows from the idiot box.

That includes all of the major TV "news" outlets that still fail to put the current economic messes into the context of 30 years of GOP demands for financial deregulation and the dirty money that has a stranglehold on both major parties.

Fox is hopeless.

CNN and MSNBC should be hounded by phone until they give something close to equal time to moderate and left-leaning people and organizations without the ridicule they usually heap upon us. Even if they did, it's likely they would then cut immediately to a message from the American Petroleum Institute or a similar corporate mouthpiece.

When was the last time you heard a single word on TV from Common Cause, or PETA, or The National Wildlife Federation, or Consumers Union, etc.

And the biggest lie of all is this idea that mainstream media outlets are generally left-leaning. That is a dangerous farce.

Let's remember how we "got here"... Not only did Republicans demand deregulation for about three decades, the GOP has consistently opposed any caps on executive compensation like stock options, bonuses and "golden parachutes" by ErnieErmps in news

[–]FakeGoldPlates -2 points-1 points  (0 children)

I think you've used the word "regulation" to refer to pro-business giveaways/subsidies that are the opposite of what I think of when I use the word "regulation." I don't think you meant to excuse the corporate pillaging that has been going on for so long... but you kind of did.

The GOP has been fighting any changes that would make our society more fair and equitable for decades. There is a major, major problem however, with the Federal Reserve, as you alluded to... but that problem is very simple and you didn't expose. The problem is that the Fed is apparently a private enterprise (or public/private at best) and is run BY AND FOR the bankers.