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  4. Why Obama's Tax 'Rebate' Plan Cannot Succeed

Why Obama's Tax 'Rebate' Plan Cannot Succeed

Scheduled Pinned Locked Moved The Back Room
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  • C Offline
    C Offline
    CaptainSeeSarp
    wrote on last edited by
    #1

    http://www.safehaven.com/article-11068.htm[^]

    C 1 Reply Last reply
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    • C CaptainSeeSarp

      http://www.safehaven.com/article-11068.htm[^]

      C Offline
      C Offline
      Christian Graus
      wrote on last edited by
      #2

      And what are your thoughts on an alternative ? How do you think Obama should breathe life into the economy ? What do you perceive as the main issues facing the economy ? What points in this article do you agree with, and which ones do you have clear alternative views on ? In other words, did you think about this article, or find someone who doesn't like obama and post it here as 'proof' of all your whacko conspiracy theories ? You know, making fun of your is pretty easy, and not the sort of person I am. I am genuinely trying to prompt some actual thought on your part, here.

      Christian Graus Driven to the arms of OSX by Vista.

      C 1 Reply Last reply
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      • C Christian Graus

        And what are your thoughts on an alternative ? How do you think Obama should breathe life into the economy ? What do you perceive as the main issues facing the economy ? What points in this article do you agree with, and which ones do you have clear alternative views on ? In other words, did you think about this article, or find someone who doesn't like obama and post it here as 'proof' of all your whacko conspiracy theories ? You know, making fun of your is pretty easy, and not the sort of person I am. I am genuinely trying to prompt some actual thought on your part, here.

        Christian Graus Driven to the arms of OSX by Vista.

        C Offline
        C Offline
        CaptainSeeSarp
        wrote on last edited by
        #3

        Christian Graus wrote:

        And what are your thoughts on an alternative ?

        I have already thoroughly explained with protest from Zepllin (a rich man).

        Christian Graus wrote:

        How do you think Obama should breathe life into the economy ?

        Abolish the Federal Reserve and fractional reserve banking.

        Christian Graus wrote:

        What do you perceive as the main issues facing the economy ?

        Some major money pipelines shut down causing a cascade of shutdowns.

        Christian Graus wrote:

        find someone who doesn't like obama and post it here as 'proof' of all your whacko conspiracy theories ?

        It is always good to be suspicious of people with power.

        C 7 2 Replies Last reply
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        • C CaptainSeeSarp

          Christian Graus wrote:

          And what are your thoughts on an alternative ?

          I have already thoroughly explained with protest from Zepllin (a rich man).

          Christian Graus wrote:

          How do you think Obama should breathe life into the economy ?

          Abolish the Federal Reserve and fractional reserve banking.

          Christian Graus wrote:

          What do you perceive as the main issues facing the economy ?

          Some major money pipelines shut down causing a cascade of shutdowns.

          Christian Graus wrote:

          find someone who doesn't like obama and post it here as 'proof' of all your whacko conspiracy theories ?

          It is always good to be suspicious of people with power.

          C Offline
          C Offline
          Christian Graus
          wrote on last edited by
          #4

          CaptainSeeSarp wrote:

          I have already thoroughly explained with protest from Zepllin (a rich man).

          Where ? Not in this thread.

          CaptainSeeSarp wrote:

          Abolish the Federal Reserve and fractional reserve banking.

          And replace them with what system ?

          CaptainSeeSarp wrote:

          It is always good to be suspicious of people with power.

          Sure - so long as it's based in reality.

          Christian Graus Driven to the arms of OSX by Vista.

          1 Reply Last reply
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          • C CaptainSeeSarp

            Christian Graus wrote:

            And what are your thoughts on an alternative ?

            I have already thoroughly explained with protest from Zepllin (a rich man).

            Christian Graus wrote:

            How do you think Obama should breathe life into the economy ?

            Abolish the Federal Reserve and fractional reserve banking.

            Christian Graus wrote:

            What do you perceive as the main issues facing the economy ?

            Some major money pipelines shut down causing a cascade of shutdowns.

            Christian Graus wrote:

            find someone who doesn't like obama and post it here as 'proof' of all your whacko conspiracy theories ?

            It is always good to be suspicious of people with power.

            7 Offline
            7 Offline
            73Zeppelin
            wrote on last edited by
            #5

            CaptainSeeSarp wrote:

            I have already thoroughly explained with protest from Zepllin (a rich man).

            Yeah, I'm major-league rich. Since everyone has their price, I'm willing to purchase your life so that afterwards I can commoditize you and rent you out as an opinion machine. What are you going for now, 50 dollars?

            L O 2 Replies Last reply
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            • 7 73Zeppelin

              CaptainSeeSarp wrote:

              I have already thoroughly explained with protest from Zepllin (a rich man).

              Yeah, I'm major-league rich. Since everyone has their price, I'm willing to purchase your life so that afterwards I can commoditize you and rent you out as an opinion machine. What are you going for now, 50 dollars?

              L Offline
              L Offline
              Lost User
              wrote on last edited by
              #6

              John, you may find this interesting 'No recovery soon' in bank credit[^] Consumers and companies will continue to find it difficult to access credit for the next one to two years, the boss of Barclays bank has said. Credit remains available to households and businesses but the amount available is shrinking, John Varley told the BBC. He said he did not expect banks to start to increase their lending again until 2010 at the earliest. This begs the question that even though UK Government has taken priority shareholder status with many of the UK Banks, the statements by Gordon Brown and Chancellor Darling about forcing banks to borrow maybe these now look as hollow threats. If banks do not expect to increase lending again until 2010 this not only blows away the Pre-Budget report made just a couple of weeks ago with respect to a HM Treasury expected improving situation from mid next year but perhaps suggests that the recession could deteriorate further perhaps into depression. Am being being too pessimistic?

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              • L Lost User

                John, you may find this interesting 'No recovery soon' in bank credit[^] Consumers and companies will continue to find it difficult to access credit for the next one to two years, the boss of Barclays bank has said. Credit remains available to households and businesses but the amount available is shrinking, John Varley told the BBC. He said he did not expect banks to start to increase their lending again until 2010 at the earliest. This begs the question that even though UK Government has taken priority shareholder status with many of the UK Banks, the statements by Gordon Brown and Chancellor Darling about forcing banks to borrow maybe these now look as hollow threats. If banks do not expect to increase lending again until 2010 this not only blows away the Pre-Budget report made just a couple of weeks ago with respect to a HM Treasury expected improving situation from mid next year but perhaps suggests that the recession could deteriorate further perhaps into depression. Am being being too pessimistic?

                7 Offline
                7 Offline
                73Zeppelin
                wrote on last edited by
                #7

                Richard A. Abbott wrote:

                This begs the question that even though UK Government has taken priority shareholder status with many of the UK Banks, the statements by Gordon Brown and Chancellor Darling about forcing banks to borrow maybe these now look as hollow threats. If banks do not expect to increase start lending again until 2010 this not only blows away the Pre-Budget report made just a couple of weeks ago with respect to a HM Treasury expected improving situation from mid next year but perhaps suggests that the recession could deteriorate further perhaps into depression. Am being being too pessimistic?

                I too expect it to get worse. I think the credit markets will stay stagnant for some time. The reason being is that everyone is expecting a downturn and I think there will be a lot of "wait and see" type behaviour; during which time lending will be scarce. It's bad overall because small business depends strongly on freely available lines of credit. Also, I don't think we are finished with the financial fallout - it won't be long before distressed hedge funds start to fail. When hedge fund positions unwind, I think the markets will be hit hard. Look for more unemployment and more recession. I am suspecting we are going to see, if not a lost decade, at least a lost 5 years, economically. I think its a real mess, I really do. I think people are being overly optimistic at the moment.

                L 1 Reply Last reply
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                • 7 73Zeppelin

                  Richard A. Abbott wrote:

                  This begs the question that even though UK Government has taken priority shareholder status with many of the UK Banks, the statements by Gordon Brown and Chancellor Darling about forcing banks to borrow maybe these now look as hollow threats. If banks do not expect to increase start lending again until 2010 this not only blows away the Pre-Budget report made just a couple of weeks ago with respect to a HM Treasury expected improving situation from mid next year but perhaps suggests that the recession could deteriorate further perhaps into depression. Am being being too pessimistic?

                  I too expect it to get worse. I think the credit markets will stay stagnant for some time. The reason being is that everyone is expecting a downturn and I think there will be a lot of "wait and see" type behaviour; during which time lending will be scarce. It's bad overall because small business depends strongly on freely available lines of credit. Also, I don't think we are finished with the financial fallout - it won't be long before distressed hedge funds start to fail. When hedge fund positions unwind, I think the markets will be hit hard. Look for more unemployment and more recession. I am suspecting we are going to see, if not a lost decade, at least a lost 5 years, economically. I think its a real mess, I really do. I think people are being overly optimistic at the moment.

                  L Offline
                  L Offline
                  Lost User
                  wrote on last edited by
                  #8

                  73Zeppelin wrote:

                  there will be a lot of "wait and see" type behaviour

                  Earlier this year, before this blew up, I was making plans for next year. To sell up and buy something a little smaller. With most of my daughters moving out to create their own independent lives, I no longer need such a large house. That has now been put on-hold as house values have become unpredictable and I don't like being in that kind of situation where planning cannot realistically be done any more with any degree of comfort.

                  7 1 Reply Last reply
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                  • L Lost User

                    73Zeppelin wrote:

                    there will be a lot of "wait and see" type behaviour

                    Earlier this year, before this blew up, I was making plans for next year. To sell up and buy something a little smaller. With most of my daughters moving out to create their own independent lives, I no longer need such a large house. That has now been put on-hold as house values have become unpredictable and I don't like being in that kind of situation where planning cannot realistically be done any more with any degree of comfort.

                    7 Offline
                    7 Offline
                    73Zeppelin
                    wrote on last edited by
                    #9

                    Richard A. Abbott wrote:

                    I don't like being in that kind of situation where planning cannot realistically be done any more with any degree of comfort

                    Yes, and I don't think small, private investors/consumers are the only ones who share those sentiments.

                    1 Reply Last reply
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                    • 7 73Zeppelin

                      CaptainSeeSarp wrote:

                      I have already thoroughly explained with protest from Zepllin (a rich man).

                      Yeah, I'm major-league rich. Since everyone has their price, I'm willing to purchase your life so that afterwards I can commoditize you and rent you out as an opinion machine. What are you going for now, 50 dollars?

                      O Offline
                      O Offline
                      Oakman
                      wrote on last edited by
                      #10

                      73Zeppelin wrote:

                      What are you going for now, 50 dollars

                      He seems to have stopped replying. Did you get a private email with a counter offer?

                      Jon Smith & Wesson: The original point and click interface

                      L 7 2 Replies Last reply
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                      • O Oakman

                        73Zeppelin wrote:

                        What are you going for now, 50 dollars

                        He seems to have stopped replying. Did you get a private email with a counter offer?

                        Jon Smith & Wesson: The original point and click interface

                        L Offline
                        L Offline
                        Lost User
                        wrote on last edited by
                        #11

                        Maybe CSS was took aback because of Zeps over-generous nature.

                        7 1 Reply Last reply
                        0
                        • O Oakman

                          73Zeppelin wrote:

                          What are you going for now, 50 dollars

                          He seems to have stopped replying. Did you get a private email with a counter offer?

                          Jon Smith & Wesson: The original point and click interface

                          7 Offline
                          7 Offline
                          73Zeppelin
                          wrote on last edited by
                          #12

                          Oakman wrote:

                          He seems to have stopped replying. Did you get a private email with a counter offer?

                          There's no way an email from him would get past my Grade 1 level text filter, so I have no idea.

                          1 Reply Last reply
                          0
                          • L Lost User

                            Maybe CSS was took aback because of Zeps over-generous nature.

                            7 Offline
                            7 Offline
                            73Zeppelin
                            wrote on last edited by
                            #13

                            I think so. I mean, 50 US dollars is a considerable sum for a guy like him. What's that, like 24 hours of work at his wage rate? It's a lot of money.

                            O 1 Reply Last reply
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                            • 7 73Zeppelin

                              I think so. I mean, 50 US dollars is a considerable sum for a guy like him. What's that, like 24 hours of work at his wage rate? It's a lot of money.

                              O Offline
                              O Offline
                              Oakman
                              wrote on last edited by
                              #14

                              73Zeppelin wrote:

                              I mean, 50 US dollars is a considerable sum for a guy like him.

                              I remember how pissed he got when I said I'd left a restaurant tip in excess of $60.00. I imagine at the place he (used to?) works $60.00 covers food, drinks, and tip for a family of ten.

                              Jon Smith & Wesson: The original point and click interface

                              L 1 Reply Last reply
                              0
                              • O Oakman

                                73Zeppelin wrote:

                                I mean, 50 US dollars is a considerable sum for a guy like him.

                                I remember how pissed he got when I said I'd left a restaurant tip in excess of $60.00. I imagine at the place he (used to?) works $60.00 covers food, drinks, and tip for a family of ten.

                                Jon Smith & Wesson: The original point and click interface

                                L Offline
                                L Offline
                                Lost User
                                wrote on last edited by
                                #15

                                Even Zeps own country - Canada - have decided to be generous. Giving GM & Chrysler some C$4 billion in loans.

                                1 Reply Last reply
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