Vegas Free-for-All - Republicans Create Economic Anarchy Again

Republicans Create Economic Anarchy Again

forkushV

Oct 9, 2015
3:39pm

Quote

Originally posted by: DonDiego

Quote
Originally posted by: malibber2
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Originally posted by: DonDiegoUmm, . . . how does a Republican Representative not seeking the position as Speaker of the House create "economic anarchy"?

Markets want certainty. You have debt ceiling crisis looming, and the markets don’t want the U.S. to default on U.S. sovereign debt. They also don’t want another government shutdown which will put a damper on growth.

Oh, goodness!

As HAL 9000 in 2001: A Space Odyssey once advised Dave Bowman: "I can see you're really upset about this. I honestly think you ought to sit down calmly, take a stress pill, and think things over."
Ref: HAL 9000

A "debt-ceiling crisis" does not exist. How many times does malibber2 have to go through these "The-US-Is-Gonna-Default" melodramas, until he realizes it is just another scare tactic? T

The US will not default on it's debt, . . . at least not for several more months or, more likely, years, if ever. And not because the Congress refuses to "raise the debt ceiling" in any case...

Standard and Poor's prediction in 2013 if Congress failed to raise the debt ceiling: "...worse than the collapse of Lehman Brothers in 2008."

Don

Oct 9, 2015
9:07pm

Block User

Quote

Originally posted by: forkushV

i. What does this have to do with a Congressman removing himself from consideration for Speaker of the House?

ii. Oh, . . . . look ! Everyone is still here going about their business. Economic anarchy* did not happen in 2013. DonDiego noted no significant upset in his routine in 2013.

Oh, and everyone is still eating:

Although many folks choose not to participate in the workforce:

Life is good.

iii. DonDiego does not expect a vacant Speaker of the House position will place him in economic anarchy in 2015 either.

iv. DonDiego encourages those fearful of impending economic anarchy based upon the bogeyman of Republican Congressional leadership to relax. Economic anarchy is not upon us. Everyone is likely to survive the 2015 manufactured crisis much as they survived the 2013 manufactured crisis.

v. None of the above comments are intended to suggest an economic catastrophe is not possible or even not likely. The present conditions of zero or negative interest rates imposed by central banks around the world is cause for concern. DonDiego cannot see any likely exit from this condition which will not result in significant economic misfortune. This is not, however, resultant from Republican House Leadership.

* Def: anarchy [an-er-kee] ; a state of society without government or law.

forkushV

Oct 10, 2015
11:46am

Block User

Quote

Originally posted by: DonDiego
...DonDiego encourages those fearful of impending economic anarchy based upon the bogeyman of Republican Congressional leadership to relax. Economic anarchy is not upon us. Everyone is likely to survive the 2015 manufactured crisis much as they survived the 2013 manufactured crisis...

That's because the Republicans BACKED DOWN in their threat to default on our debt. Now that the GOP House members have regressed even further, the stupids may have there way this time and end up defaulting.

Of course DonDiego goes all Chicken Little when it comes to the dastardly threats from Ebola!, Isis!!, Runaway Inflation!!!, Doctors quitting in droves!!!!, Immigrant Crime Waves!!!!! - and it seems like the list is endless for DD. But when S&P warns about dire consequences to our nation that could be cause by a debt default, well that's different.

jatki

Oct 10, 2015
12:06pm

Block User

Quote

Originally posted by: forkushV

Quote
Originally posted by: DonDiego
...DonDiego encourages those fearful of impending economic anarchy based upon the bogeyman of Republican Congressional leadership to relax. Economic anarchy is not upon us. Everyone is likely to survive the 2015 manufactured crisis much as they survived the 2013 manufactured crisis...

You mean the same S&P that had rated all the mortgages/credit swaps as quality investments that you complained about (correctly) a few years back?

Dealer1

Oct 11, 2015
4:17am

Block User

Quote

Originally posted by: forkushV

Quote
Originally posted by: DonDiego
...DonDiego encourages those fearful of impending economic anarchy based upon the bogeyman of Republican Congressional leadership to relax. Economic anarchy is not upon us. Everyone is likely to survive the 2015 manufactured crisis much as they survived the 2013 manufactured crisis...

Don

Oct 11, 2015
5:52am

Block User

DonDiego recognizes a default on US sovereign debt would, indeed, have serious consequences.

DonDiego suggests those whose panties are in a wad write this down: "The US Government will not default on its debt anytime before the year 2017."

OK. Now DonDiego suggests anyone who wrote that down place the aforementioned note somewhere where he will see it shortly after arising from sleep and performing his morning ablutions, . . . so that he may proceed about his day without fear of an imminent default.

pjstroh

Oct 11, 2015
7:06am

Block User

Economic anarchy? I don't know what that means. But how about Economic obstruction?

Republicans contributions to the economic recovery since 2009 have done nothing except impede the economy or attempt to impede the economy:

- The cost of the last shutdown was 28 Billion dollars
- The cost of the sequester was/is
1.6 million jobs
- Repealing Obamacare would cost 353 billion over 10 years
- Not authorizing the import-export bank resulted in companies moving jobs overseas

But all of that is small potatoes compared to the time Obama bashed Las Vegas er something.

jatki

Oct 11, 2015
7:12am

Block User

I'm still getting used to PJ's new avatar, used to the tux with a beer one. Is that tat on your right or left butt cheek PJ? J/K, that's a pretty cool design, you draw it yourself?

forkushV

Oct 11, 2015
8:27am

Block User

Quote

Originally posted by: jatki99

Quote
Originally posted by: forkushV
Quote
Originally posted by: DonDiego
...DonDiego encourages those fearful of impending economic anarchy based upon the bogeyman of Republican Congressional leadership to relax. Economic anarchy is not upon us. Everyone is likely to survive the 2015 manufactured crisis much as they survived the 2013 manufactured crisis...
That's because the Republicans BACKED DOWN in their threat to default on our debt. Now that the GOP House members have regressed even further, the stupids may have there way this time and end up defaulting.

Of course DonDiego goes all Chicken Little when it comes to the dastardly threats from Ebola!, Isis!!, Runaway Inflation!!!, Doctors quitting in droves!!!!, Immigrant Crime Waves!!!!! - and it seems like the list is endless for DD. But when S&P warns about dire consequences to our nation that could be cause by a debt default, well that's different.

You mean the same S&P that had rated all the mortgages/credit swaps as quality investments that you complained about (correctly) a few years back?

I'm pretty sure you're referring to Moody's, not Standard & Poor's.

pjstroh

Oct 11, 2015
8:33am

Block User

Quote

Originally posted by: jatki99
I'm still getting used to PJ's new avatar, used to the tux with a beer one. Is that tat on your right or left butt cheek PJ? J/K, that's a pretty cool design, you draw it yourself?

I had some help from a tattoo artist in Vegas. ... and its on my arm. My butt is reserved for a different design...

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