RunningAHEAD - Topic: Why Is the Republican Field So Extreme? (page 63)

Omen

No Talent Drips

posted: 10/14/2011 at 2:12 PM

Quote from spaniel on 10/14/2011 at 1:44 PM:

Hopefully not by me. Crow is nasty-tasting.

What? Take it back.

Dei Gratia

spaniel

Feeling the growl again

posted: 10/14/2011 at 2:16 PM

Quote from Omen on 10/14/2011 at 2:12 PM:

What? Take it back.

Heh...whoa dude...I'm not going to go there.... Wink

"If you want to be a bad a$s, then do what a bad a$s does. There's your pep talk for today. Go Run." -- Slo_Hand

I am spaniel - Crusher of Treadmills

CliveF

posted: 10/14/2011 at 2:27 PM
modified: 10/14/2011 at 4:04 PM

I was ridiculed here a few months back for suggesting this.

Well, it sounds stupid when you say it.

I have trouble agreeing/disagreeing with the "vote the bums out" tactic. Certainly, few members of Congress deserve to retain their plushly padded seats. OTOH, government has gotten so complicated at the federal level that a large bunch of legislative newbs would likewise fail to get anything meaningful accomplished.

[MTA spelling]

"I want you to pray as if everything depends on it, but I want you to prepare yourself as if everything depends on you."

-- Dick LeBeau

Ileneforward

#artbydmcbride

posted: 10/14/2011 at 2:32 PM

Quote from MrFinn on 10/14/2011 at 1:34 PM:

I was ridiculed here a few months back for suggesting this.

{{[PotatoBuns}}}

Runners run

spaniel

Feeling the growl again

posted: 10/14/2011 at 2:37 PM
modified: 10/14/2011 at 2:40 PM

Quote from CliveF on 10/14/2011 at 2:27 PM:

government has gotten so complicated at the federal level that a large bunch of legislative newbs would likewise fail to get anything meaningful accomplished.

As opposed to all that is being accomplished now? Wink

Perhaps such a shock to the system would lead to some of the complication being stripped out...

One rule change they need is to revert to the old filibuster rules. A filibuster used to be a demanding effort as one had to physically keep talking on and on. So it was a tactic rarely employed and the party had to be very committed to employ it. Now, they just call "filibuster" and all go out for martinis. The consequence is that rather than functioning on a simply majority as the Constitution dictates for normal bills, everything must have a filibuster-proof majority. I wasn't even in favor of the current version of Obama's "jobs bill", however I was very irritated to hear that the reason it was defeated was that it did not have a filibuster-proof vote count. That's not the way it was supposed to work.

"If you want to be a bad a$s, then do what a bad a$s does. There's your pep talk for today. Go Run." -- Slo_Hand

I am spaniel - Crusher of Treadmills

MrFinn

Prince of Fatness

posted: 10/14/2011 at 2:45 PM

Quote from CliveF on 10/14/2011 at 2:27 PM:

I have trouble agreeing/disagreeing with the "vote the bums out" tactic.

As do I, honestly. But perhaps this line of thinking goes the way of the "political disobedience" that Jeff's article refers to. I think that most people are sick of the business as usual in government but aren't prepared to offer a solution. Maybe the place to start is to continuously "vote the bums out" until there is a change in behavior.

Not at it at all.

MrFinn

Prince of Fatness

posted: 10/14/2011 at 2:52 PM

Quote from Ileneforward on 10/14/2011 at 2:32 PM:

{{[PotatoBuns}}}

I recovered quickly, but thanks!

Not at it at all.

Jeff

Why is it sideways?

posted: 10/14/2011 at 3:15 PM

These charts paint the picture pretty well.

mikeymike

posted: 10/14/2011 at 3:24 PM

JUMP YOU FUCCKERS!!

Runners run

MoBramExam

posted: 10/14/2011 at 4:23 PM
modified: 10/14/2011 at 4:25 PM

Quote from Jeff on 10/14/2011 at 3:15 PM:

These charts paint the picture pretty well.

So, what have banks been doing since 2007 if not lending money to American companies? Lending money to America's government! By buying risk-free Treasury bonds and other government-guaranteed securities.

...they've also been collecting interest on money they are NOT lending—the "excess reserves" at the Fed.

Meanwhile, the banks are able to borrow money FOR FREE. Because the Fed has slashed rates to basically zero. And...rates they pay on deposits to basically zero.

When you can borrow money for nothing, and lend it back to the government risk-free for a few percentage points, you can COIN MONEY. And the banks are doing that.

So, maybe, if the government would stop borrowing money to spend...????

AmoresPerros

Options,Account, Forums

posted: 10/14/2011 at 4:42 PM

Quote from Jeff on 10/14/2011 at 3:15 PM:

These charts paint the picture pretty well.

So CEOs are 7 times better than they were in the 70s?

It's a 5k. It hurt like hell...then I tried to pick it up. The end.

kercan

posted: 10/14/2011 at 4:43 PM

Quote from MoBramExam on 10/14/2011 at 4:23 PM:

So, maybe, if the government would stop borrowing money to spend...????

It's good having a banking regulator chime in.
(I like how you reversed and re-presented the scenario presented within Jeff's link)

Life Goals:

#1: Do what I can do

#2: Enjoy life

MoBramExam

posted: 10/14/2011 at 5:15 PM

Quote from AmoresPerros on 10/14/2011 at 4:42 PM:

So CEOs are 7 times better than they were in the 70s?

In the 70's, the CEO was some slug who started at age 16 in the mail room and worked his way to the top at all levels of the company.

Today, they are Ivy-League MBAs who came out of school and went straight behind a desk. They don't know squat about making a sprocket, but they can "manage" the hell out of a balance sheet.

So, yeah, they gotta be at least 7x better Roll eyes

mikeymike

posted: 10/14/2011 at 7:05 PM

I remember when basketballs were wooden.

Runners run

Ntown Kevin

posted: 10/14/2011 at 7:24 PM

Quote from MoBramExam on 10/14/2011 at 5:15 PM:

Ivy-League MBAs

Man, I hate those jerks. Joking

A few years out of date, but this is a more balanced and accurate profile of CEOs: http://content.spencerstuart.com/sswebsite/pdf/lib/Statistical_Snapshot_of_Leading_CEOs_relB3.pdf

I doesn't disprove any point you were making other than not all CEOs are Ivy league MBAs - some of them slummed it at Stanford...

Come all you no-hopers, you jokers and rogues
We're on the road to nowhere, let's find out where it goes

Why Is the Republican Field So Extreme? (Read 2137 times)

So, what have banks been doing since 2007 if not lending money to American companies? Lending money to America's government! By buying risk-free Treasury bonds and other government-guaranteed securities.

...they've also been collecting interest on money they are NOT lending—the "excess reserves" at the Fed.

Meanwhile, the banks are able to borrow money FOR FREE. Because the Fed has slashed rates to basically zero. And...rates they pay on deposits to basically zero.

When you can borrow money for nothing, and lend it back to the government risk-free for a few percentage points, you can COIN MONEY. And the banks are doing that.