Quote: (10-01-2013 12:08 PM)It_is_my_time Wrote:
JayJuan, it would be hard for me to discuss economics with you, being you don't understand how the bond market works.
Obama spent trillions on green energy and other Democratic pet projects. We got nothing in return. If you read up about how the bond markets work you will realize the USA does not have anywhere near enough money and our time is about to run out.
Its My Time: Just b/c we have differences of opinions I see no need to try to act as if you know something that i do not, regarding some mystery bond market theory.
You are being very inconsistent in your various comments, and really your comments do not make a whole heck of a lot of sense b/c they seem to be all over the place.. and somewhat affiliated with Fox news and/or tea party talking points.. which are generally less informative and distracting rather than helpful to any meaningful discussion of relevant points.
You cannot tell me that all government spending is bad and only Obama's supposed spending had gotten the US into its debt situation. Also, you poo poo Cattle Rustler's comment that distinguishes between kinds of government spending... He specifically differentiated between policing type spending and health and welfare spending.
The end game is that the very wealthy are always trying to take money from the system through various schemes, and they like some government programs including military contractors, defense and these policing-type governmental spending in order to spend spend spend.. or take take take... and also they do like amorphous banking concepts to in order to spend and receive more bail outs from the treasurer or the fed reserve. like the ongoing printing of money that is likely going from the federal reserve to banks. However, anything related to spending money on social well-being or education and welfare or environment or labor or consumer empowerment is cut, cut, cut out of the budget.
Some of the members on this forum, including me, know a lot more than you are giving us credit, and instead of acting like you have some secret knowledge about bonds or some mystery topic maybe you should explain to our level .... and make some sense as far as tying various dynamics together.. without the distracting talking points. to try to take away from the points that we were making. Sorry, but currently, you are NOT accomplishing that kind of convincing explanation of your conclusions, but instead you are merely throwing out various buzz words and talking points that you may have learned from watching Fox news or some affiliate of fox.
There is no secret knowledge about bonds, or futures or options or derivative or some other baloney distractions.... and there is no need to revisit Obama care at this particular moment in order to make some kind of philosophical or political point about some very important dynamic that we should consider but don't understand.. Instead, let's stick to what we do know and keep the govt running and then discuss and debate these budgetary type issues that you claim to be complicated and so important and incomprehensible to us regular lay people without guns to anyone's heads
The reality is that some well-to-do people have been skimming for years off of the various federal govt systems and the tax payers and the social security and raiding the federal reserve and that is not new, and they are affiliated with both the republicans and the democrats... Well probably more actively with the republicans, but we do not need to get into that b/c I will concede that the democrats seem to let these things slide too often, but anyhow, maybe this is getting off track b/c initially, I thought that we were trying to discuss the government shut down and how long it would last and to predict it and explain it.. and in that regard, the public is likely blaming the republicans for engaging in these hostage-taking tactics to be like school bullies who are not getting their way and are a minority and want to pressure the majority into doing what they want which is to destroy a potential upcoming benefit that they are about to receive (namely obamacare).
So our discussion sort of relates to these topics.... and how the govt shut down is negatively going to affect the US credibility the longer it lasts. Actually, probably what will hurt the bond market that supposedly we forum members do not understand more than anything is when there is lack of confidence in the US govt and threats towards shut downs, which had caused a rating downgrade a couple of years ago... which I think republicans are trying to achieve further rating downgrades in order to sabotage the US's credibility. Maybe they are not doing this on purpose, but sometimes i wonder about their motives?
And, maybe if all of this keeping the govt going gets screwed up by such extreme and destructive thinking, then I am not going to be able to go bang girls abroad based on the strength of the US dollar and economic system for the next 30 years, and according to you and Bacon, I may be lucky to get a good 10 years of banging in before the whole house of cards comes falling down. In the short term, I do not think Americans are blaming democrats for this and the shut down.
By the way, since you want to put out links to quasi-irrelevant polls that ask a question about whether American's approve Obama care, I believe the various polls that you referred to are not conclusive or even in your favor.
A recent Forbes poll shows that generally 3/4 of Americans do not approve of repealing or delaying ObamaCare.
http://www.forbes.com/sites/theapothecar...obamacare/
And even if Americans did approve repealing or delaying Obama care, that question should not be in front of us at the moment. In this regard, there are also polls that show that Americans don't agree with shutting down the govt and blame the Republicans for such shut down.
https://www.google.com/search?q=polls+ab...=firefox-a
In essence, its my time, you are spinning and skimming your data in order to show a conclusion that you want to show rather than reflecting the true sentiment of the American people in order to fabricate some quasi Fox news vision of America and the current government shut down.