Comments on: Republicans Get a Little ‘Hope’ of Their Own http://pjmedia.com/blog/republicans-get-a-little-hope-of-their-own/ Thu, 16 Feb 2012 02:12:38 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: LennyB http://pjmedia.com/blog/republicans-get-a-little-hope-of-their-own/#comment-208779 LennyB Tue, 24 Feb 2009 06:31:36 +0000 http://pajamasmedia.com/?p=47761#comment-208779 As usual, David S. Hollow observations calculated to make you appear smart. No solutions offered. Your posts are reflexively anti-GOP and add nothing of substance. What "such obvious mistakes" were made? How did "failure on the part of government... built [sic] the economy we now face"? Ditch whatever you read in the New Yorker or Salon. Come up with an original thought, that's what many folks on here actually do. Want mine? Here it is: this economy went bad based on unfettered rent-seeking by everybody, borne of the elevated standard of living provided by those who went before us. People got comfortable enough to get lazy. Now if you're well-read you realize what I'm saying is that these folks have been seeking to make money without actually contributing anything of value through their labor (even 8 hours worth of manual labor) and therefore represent the inefficient allocation of capital. These folks are people, not Democrats or Republicans. They are both (and one more than the other in my opinion). Too many people wanted to elevate their standard of living without working hard or producing anything -- witness running up their credit cards, signing mortgages they cannot afford or don't intend to pay (recklessly hoping they will produce income), buying cars they can't afford. Corporate execs who meet revenue targets on flimsy accounting and without real value creation. People who invest their 401(k) in a single company stock. All of this is the same, you can't single it out. It's all related to everyone being greedy. But, the people who work hard are not responsible. The people who do not work hard are in fact responsible. Our neighbors making bad financial decisions have created an unstable cottage industry of employment for support of their bad financial decisions, and it's finally starting to crumble, sparked by commodity speculation but caused by something far more sinister. Sheer laziness. What I have just said is not political. But what I'm about to say is: one party wants to have one group bail out the other. Another party rightly recognizes that will do more harm than good. But you know what? You don't hear me blaming the Clinton administration for pushing banks to make bad loans non-credit-worthy borrowers. Want to know why? Because they still made them, and because it's the laziness of these non-credit-worthy borrowers that is the ultimate problem in the first place. Of course a Democrat will try social engineering -- but they didn't invent the reason for it. Say what you will about my argument. At least it's original and at least I made one without trying to blame a party I hold to be incompetent. As usual, David S. Hollow observations calculated to make you appear smart. No solutions offered. Your posts are reflexively anti-GOP and add nothing of substance.

What “such obvious mistakes” were made? How did “failure on the part of government… built [sic] the economy we now face”?

Ditch whatever you read in the New Yorker or Salon. Come up with an original thought, that’s what many folks on here actually do.

Want mine? Here it is: this economy went bad based on unfettered rent-seeking by everybody, borne of the elevated standard of living provided by those who went before us. People got comfortable enough to get lazy. Now if you’re well-read you realize what I’m saying is that these folks have been seeking to make money without actually contributing anything of value through their labor (even 8 hours worth of manual labor) and therefore represent the inefficient allocation of capital. These folks are people, not Democrats or Republicans. They are both (and one more than the other in my opinion). Too many people wanted to elevate their standard of living without working hard or producing anything — witness running up their credit cards, signing mortgages they cannot afford or don’t intend to pay (recklessly hoping they will produce income), buying cars they can’t afford. Corporate execs who meet revenue targets on flimsy accounting and without real value creation. People who invest their 401(k) in a single company stock. All of this is the same, you can’t single it out. It’s all related to everyone being greedy. But, the people who work hard are not responsible. The people who do not work hard are in fact responsible. Our neighbors making bad financial decisions have created an unstable cottage industry of employment for support of their bad financial decisions, and it’s finally starting to crumble, sparked by commodity speculation but caused by something far more sinister. Sheer laziness.

What I have just said is not political. But what I’m about to say is: one party wants to have one group bail out the other. Another party rightly recognizes that will do more harm than good.

But you know what? You don’t hear me blaming the Clinton administration for pushing banks to make bad loans non-credit-worthy borrowers. Want to know why? Because they still made them, and because it’s the laziness of these non-credit-worthy borrowers that is the ultimate problem in the first place. Of course a Democrat will try social engineering — but they didn’t invent the reason for it.

Say what you will about my argument. At least it’s original and at least I made one without trying to blame a party I hold to be incompetent.

]]> By: pam mitchell http://pjmedia.com/blog/republicans-get-a-little-hope-of-their-own/#comment-208754 pam mitchell Tue, 24 Feb 2009 04:00:43 +0000 http://pajamasmedia.com/?p=47761#comment-208754 Our new president didn't have a clue as a community organizer, why would we expect he would know what to do as president. To have his people work in groups for three to four hours and think they would come up with the answers to help our economy in a half a day is too unbelievable. Maybe we must bring individuals into court and sue for taxation without representation!!! Our new president didn’t have a clue as a community organizer, why would we expect he would know what to do as president. To have his people work in groups for three to four hours and think they would come up with the answers to help our economy in a half a day is too unbelievable. Maybe we must bring individuals into court and sue for taxation without representation!!!

]]> By: Marc Malone http://pjmedia.com/blog/republicans-get-a-little-hope-of-their-own/#comment-208569 Marc Malone Mon, 23 Feb 2009 19:55:51 +0000 http://pajamasmedia.com/?p=47761#comment-208569 #2 Han - I willl put macroecoonomics into terms you can understand. No matter how tough things get, I raid neither my kids' college funds nor their piggy-banks. We don't steal from our kids' futures to ensure our own well-being now. Actually, the reverse is true. We sacrifice our well-being now to ensure our kids' futures. People nowadays seem to have lost sight of this principle. #2 Han – I willl put macroecoonomics into terms you can understand. No matter how tough things get, I raid neither my kids’ college funds nor their piggy-banks. We don’t steal from our kids’ futures to ensure our own well-being now. Actually, the reverse is true. We sacrifice our well-being now to ensure our kids’ futures. People nowadays seem to have lost sight of this principle.

]]> By: fretless http://pjmedia.com/blog/republicans-get-a-little-hope-of-their-own/#comment-208517 fretless Mon, 23 Feb 2009 18:16:13 +0000 http://pajamasmedia.com/?p=47761#comment-208517 The Republican power structure *still* doesn't get it - Reagan was and is *still* right: Government isn't the solution, it is the problem. The Republican power structure *still* doesn’t get it – Reagan was and is *still* right: Government isn’t the solution, it is the problem.

]]> By: Clyde http://pjmedia.com/blog/republicans-get-a-little-hope-of-their-own/#comment-208390 Clyde Mon, 23 Feb 2009 13:39:06 +0000 http://pajamasmedia.com/?p=47761#comment-208390 It all depends... If Obama pushes through cap-and-trade, everyone's electric bills will skyrocket. A DOE study said that the cost of coal for power plants would go up by between 161% and 413%. You think it was bad when gasoline prices doubled? Try having electricity bills double, triple or quadruple when the coal many power plants use is punitively taxed. Once people figure out that "saving the planet" means electric bills as high as their house payment or rent, and they figure out that it's Obama and the Democrats' fault, and once old people on fixed incomes start dying because they can't afford to pay their electric bills, then Democrats won't even be able to be elected dogcatcher. It all depends… If Obama pushes through cap-and-trade, everyone’s electric bills will skyrocket. A DOE study said that the cost of coal for power plants would go up by between 161% and 413%. You think it was bad when gasoline prices doubled? Try having electricity bills double, triple or quadruple when the coal many power plants use is punitively taxed. Once people figure out that “saving the planet” means electric bills as high as their house payment or rent, and they figure out that it’s Obama and the Democrats’ fault, and once old people on fixed incomes start dying because they can’t afford to pay their electric bills, then Democrats won’t even be able to be elected dogcatcher.

]]> By: therealist http://pjmedia.com/blog/republicans-get-a-little-hope-of-their-own/#comment-208311 therealist Mon, 23 Feb 2009 07:59:56 +0000 http://pajamasmedia.com/?p=47761#comment-208311 But if Obama/Pelosi can push through amnesty and create another 12m Democrat voters than the GOP is toast. But if Obama/Pelosi can push through amnesty and create another 12m Democrat voters than the GOP is toast.

]]> By: shocked http://pjmedia.com/blog/republicans-get-a-little-hope-of-their-own/#comment-208301 shocked Mon, 23 Feb 2009 07:08:19 +0000 http://pajamasmedia.com/?p=47761#comment-208301 Han: Your an idiot, enough said. You see, we have a thing called the Constitution. It is not a living document but a contract written between the government and the people. There is nothing in there giving the Federal government power to do what it is doing. Han: Your an idiot, enough said. You see, we have a thing called the Constitution. It is not a living document but a contract written between the government and the people. There is nothing in there giving the Federal government power to do what it is doing.

]]> By: ITF http://pjmedia.com/blog/republicans-get-a-little-hope-of-their-own/#comment-208293 ITF Mon, 23 Feb 2009 06:06:43 +0000 http://pajamasmedia.com/?p=47761#comment-208293 Chris, you're trying to use logic on an hysterical ninny Obamabot. Ever read Don Quixote? Obamabots, like windmills, are inert - tilting at them will only give you a headache. Chris, you’re trying to use logic on an hysterical ninny Obamabot. Ever read Don Quixote? Obamabots, like windmills, are inert – tilting at them will only give you a headache.

]]> By: David S http://pjmedia.com/blog/republicans-get-a-little-hope-of-their-own/#comment-208280 David S Mon, 23 Feb 2009 04:23:44 +0000 http://pajamasmedia.com/?p=47761#comment-208280 I'm glad to see Forbes acknowledge how the Fed messed up. The best means to achieving the end of a stable and growing economy will continue to be debated, but we really need to learn from such obvious mistakes. The Republican Party must look critically at what was accomplished from 2001-2009, and consider carefully how to escape from the corner they are painted into. Forbes has started this process by acknowledging that it was a failure on the part of government and the Fed, under GOP leadership, that built the economy we now face. History will be more kind to those who recognize the errors of the past than to those who repeat them. Peace. DS I’m glad to see Forbes acknowledge how the Fed messed up.

The best means to achieving the end of a stable and growing economy will continue to be debated, but we really need to learn from such obvious mistakes.

The Republican Party must look critically at what was accomplished from 2001-2009, and consider carefully how to escape from the corner they are painted into.

Forbes has started this process by acknowledging that it was a failure on the part of government and the Fed, under GOP leadership, that built the economy we now face.

History will be more kind to those who recognize the errors of the past than to those who repeat them.

Peace.

DS

]]> By: Chris http://pjmedia.com/blog/republicans-get-a-little-hope-of-their-own/#comment-208246 Chris Mon, 23 Feb 2009 02:58:18 +0000 http://pajamasmedia.com/?p=47761#comment-208246 Han: Firstly, learn how to type. Secondly, What's the point of spending huge amounts of money, more money then most people will ever see much less have, on saving people now if we sacrifice future generations of Americans? Emergency rooms are required to give care to those that come in their doors. The USA has better care for the unemployed and uninsured then most third-world countries have for their insured and employed. It has been proven time and again that government intervention in times of economic downturns only lead to an extended period of economic depression. What the Obama administration is doing will not only extend the recession but cause long lasting effects that will irrevocably change American life. I for one do not want this to happen. Han: Firstly, learn how to type. Secondly, What’s the point of spending huge amounts of money, more money then most people will ever see much less have, on saving people now if we sacrifice future generations of Americans? Emergency rooms are required to give care to those that come in their doors. The USA has better care for the unemployed and uninsured then most third-world countries have for their insured and employed. It has been proven time and again that government intervention in times of economic downturns only lead to an extended period of economic depression. What the Obama administration is doing will not only extend the recession but cause long lasting effects that will irrevocably change American life. I for one do not want this to happen.

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