Should Obama should be tried for violating Simir Khan & Anwar al-Awlaki's (both U.S. citizens), Constitutional rights (Article 3, Section 2, 1st, 5th, and 8th amendments)? Does a president have the right to execute American citizens without a trial or guilty verdict guaranteed under the Constitution? If so, what other Constitutional rights may he tyrannically violate with impunity? What crime were they actually accused of, do you know? Where do you draw the line?
This comentator is an idiot. The stimulus created temporary jobs at the cost of nearly $1 trillion dollars. And if you would do a little research, you would see some of the rediculus things my tax dollars were spent on. Now here we are broke as hell, unemployment higher than before the first stimulus and Obama is going for round two of basically the same stimullus with a different name. Liberal economics at its best!
@GERATMO Temporary jobs were not the goal. The goal was that people get some money out of those temporary jobs, spend it on businesses which will allow them to hire more permanent jobs. It isn't too hard to comprehend, and saying the goal was to make temporary jobs is just saying you don't actually know it was. The only failure was it wasn't big enough.
Texas fires now Minnesota is burning! According to their false logic and false Christianity, which is convenient for lining their own pockets, God is telling us to get those people out of our lives and politics.
A congressman lying about obvious facts to dumb down the already ignorant and pathetic general public?
GTFO!
Just $312 B would give every man woman and child in America $1000, and these guys wanna cut the budget by the trillions?
Seriously...the general public so freakin stupid to not see through these budget talks. HELLO bottom 80% of America! You're dirt fucking broke! You own only 7% of the countries wealth, a little socialism would only get you MORE. God knows the rich aren't providing.
Cenk, the IMF last year published a white paper detailing the impact of fiscal stimulus in various countries and concluded that, in the case of countries which had a high sovereign debt/GDP ratio, fiscal stimulus is counter-productive.
That said, you are WAY out of line to call Michelle Bachmann a "liar" for saying that the Stimulus package harmed the US economy. It's actually a fact that our long term prospects are harmed by this administration's profligacy...
...because they simply refuse to address the problem of government spending/GDP. they want to solve the debt/GDP problem with small, temporary, across-the-board cuts to government spending and tax hikes on job creators, but they will not address the long term fiscal outlook of our programs, nor will they address the problem of government regulation, which many studies say costs the US economy 1.75 trillion dollars annually. Obama has made THAT problem only worse.
@Jusoon I never said it hurt job creation. What I said was that Cenk engaged in falty reasoning, similar to "I washed my car, and then it rained... Only an idiot would suggest the washing didn't cause the rain!"
you know what, from my point of view, Obama's not a bad president at all. They said the same thing about Clinton, you know, he's a pervert, this and that, time for a change etc, but when you look at it now he was the best US president in, what, 30 years?
@shittyfagg This is how Clinton is look at by the rest of the world, his soul is forever damed for blocking the Canadians at the un trying to stop the slaughter of a million Rwandians, he brought in the free trade agreement with China as he was in the pocket of Wall st and Wall Mart which gutted your manufacturing sector and created the rust belt, this also started the race to the bottom which the entire world is experiencing, Clinton was the best unkown republican president ever!
PatriotTexas loves proving how ignorant Republicans are. Behold the reason why this country is so ass backwards. I bet he still thinks there was a connection btwn Saddam Hussain and 9/11.
I'm sure "God" told her to say these things. On the other hand "God" isn't stupid. I'll just watch Fox "News" to see if anyone intelligent should show up:)
Let's just simplify this "Bachmann opened her mouth."
If the woman has ever said anything honest in her life it was entirely by accident. I won't say she's allergic to the truth... but it probably gives her indigestion.
Lol yea the stimulus worked that's why unemployment is higher. That's why we are worse off than even the projection the Administration gave without the stimulus. Just because "jobs" number went up doesn't mean anything. Jobs are the means not the end. We could have full government employment tomorrow and the economy would still be crap and nobody would be able to buy crap. Remember Obama saying unemployment wouldn't go above 8%? Lol my ass.... if you think the stimulus worked you are insane.
Cenk - "Numbers? I'm a Republican, I don't beieve in numbers." ... Except, in Bachmann's case, for the Numbers that comes between Leviticus and Dueteronomy
Who cares if it's true?? Republicans rely on the notion that the American people are too ignorant to either know the facts, or go and check whether or not what they are saying is true. Unfortunately, that policy works for them all too often...
@0MoTheG Government intervention such as subsidies and tax breaks/tax credits drive out healthy competition and thwart future innovation, where the majority of job growth would actually occur, by placing certain companies and industries on an artificially uneven playing field.
That that complete idiot and extremist fiasco Bachmann LIES about anything implies she knows the right answer, which is pretty much impossible. She's got no fucking clue, she just throws together random terms that appeals to dumb voters lik "communism", "God" and "Muslims"
In economics, money illusion refers to the tendency of people to think of currency in nominal, rather than real, terms. In other words, the numerical/face value (nominal value) of money is mistaken for its purchasing power (real value). This is false, as modern fiat currencies have no intrinsic value and their real value is derived from their ability to be exchanged for goods and used for payment of taxes.
Only a fuckin' retard would trust another stimulus from that idiotic chimpanzee in the oval office. Fuck your graph, look at reality: We're STILL at over 9% unemployment...and many have totally given up looking for a job altogether. The economy is SHIT. Dumbass Muslim, knock off the distortion and lies. You wrap your turbin too tight.
PEOPLE NEED TO SWITCH PARTIES 12 WEEKS IN ADVANCE OF THE PRIMARIES IN MOST STATES.
IF YOU DO NOT SWITCH IN TIME YOU CANNOT VOTE IN PRIMARY.
IF YOU ARE NOT REGISTERED REPUBLICAN YOU CANNOT VOTE IN PRIMARY.
IF RON PAUL DOES NOT WIN PRIMARY, NO GENERAL ELECTION ! REGISTER AS A REPUBLICAN. FIND OUT WHEN YOUR STATE HAS PRIMARIES. FIND OUT WHERE AND VOTE VOTE VOTE ! PLEASE !
WE NEED EVERY LAST VOTE ! Copy and paste this everywhere
That graph is deceptive. Qualitatively, a *job changes* graph would look the same either way. As job loss is exhausted, job changes returns to zero. The graph clearly shows a total job loss. The question is, what would have it looked without the stimulus, and that's the economic experiment problem... it's impossible to do. I resort to philosophy and logic. Value can only be guaranteed voluntarily.
@carlosjhr64 Good catch. Seems to be the trend in politics-use skewed "facts" to support a flawed theory to benefit a questionable cause and employ airheads to advocate the cause by referring back to the "facts".
@elenavlada That makes you the biggest liar of them all. Take a good look at the back-stabbing scum libtard elitist and quit being a proganda moron for the idiot libtard clusterf*cks.
PS- Get off the libtard stupidity kool-aid before you become a permanent retard.
does anyone else get the urge to bend Mitchell over and fuck her brains out when they see her speak seriously I think she has a major case of dick deprivation.
Here's the fact, republicans will disagree on everything Obama says and wants to pass. NO matter how great it is, they will disagree with everything..which should show you why they won't vote into anything...nor pretty much do anything in the White House. Honestly, it's funny how people blame the president when in reality you have the house and senate who aren't doing what they are suppose to do as well. Either you have bad bills passed or nothing at all. We're screwed no matter what.
The problem with "conservative" thinking, is that it is never about what the numbers are, it's what you believe the numbers to be...
Challenge a liberal and you challenge their facts which can be confirmed or refuted. Challenge a conservative and you attack their belief system, where it becomes a personal attack and cannot be addressed rationally, EVER!
@Talondas " Challenge a liberal and you challenge their facts which can be confirmed or refuted. " Facts are facts and nobody should have a claim to " their facts ". When you take a test and the teacher grades your answers wrong do you come back and say those answers are right based on " my facts" ?
I was going to send you a nice little message about how you never bothered to address the second half of my statement and the completely missed the point I was trying to make, and seeing how old this thread was, was willing to make it private...until I visited your channel...
Dedicated entirely to foot fetish videos!
OMG! ROFLMAOPMP!
You can't make this shit up!
Oh Gods, I have to stop, I'm crying I'm laughing so hard! :-D
@platipot I have read a little something about the Russian Revolution. They removed all the management of all the factories, exiled or executed or imprisoned the owners, corrupt or not corrupt, and put their own people in charge. Obama has not done ANY of these things. He has propped up GM and Chrysler and the banks (although that was mostly done under Bush).
@platipot If he was communist, he would have nationalised ALL the failing banks, not propped them up, but taken control completely from their corrupt management. He is NOTHING LIKE A COMMUNIST.
“If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.”
I WOULD LIKE TO THANK FOX NEWS AND MICHELE BACHMANN FOR HER LEADERSHIP. YOU JUST HELP PRESIDENT OBAMA SECURE HIS PRESIDENCY FOR 2012. THANK YOU AGAIN FOR YOUR IGNORANCE AND STUPIDITY.
Reminder : If you are a disillusioned Dem or unaffiliated, and you live in one of 18 or more closed primary states , U will not be able to vote Ron Paul in the critical primary! Some states are : AZ,CT,CO,DE,FL,OR,OK,NE,NC,SD,UT,NY,PA,LA,KY,WV,DC, AND MORE .Do not be cheated out of a vote,don;t cheat Ron Paul out of the nomination .The primary is where it counts -it determines the nomination .
@Rabsputin Perhaps, but I have spoken with a HUGE amt of the demographic between 18-25 who are definitely switching parties to vote Ron Paul. Advocating the legalization of marijuana , and from a physican at that and immediate troop withdrawl from the Middle East , are hardly tenets of an extreme conservative .
@doogleandalix the guy didn't think that ronald reagan was conservative enough, if that doesn't make him an extreme conservative, what does?
on top of that he's a science denier, with particular derision of evolution and climate change.
typically people who deny scientific theory (a collection of thousands of scientific facts, not a hunch or a guess) either have a hidden agenda or can't think critically, do you really want to vote in someone who can't fucking think for themselves?
@Rabsputin I could care less what he thinks of evolution . The world is imploding around us , decades long wars with no end in sight, we owe trillions to China, country is bankrupt, and the current solution seems to be to throw another 450 billion at the non-creation of jobs - I guess because it was such a success the first time . Evolution is WAY at the bottom of my priority list - obviosuly we will never agree on this guy so to each his own . Peace .
@doogleandalix evolution is just the granular detail here.
the guy flat out denies something which has decades of research carried out by millions of highly qualified biologists and enough physical evidence which if you piled it up would no doubt look like a mountain. think about that for a second, he's denying something which millions of the world's most rational minds reached a consensus on decades ago. evolution isn't a debate at all in the scientific community.
@doogleandalix evolution is just the granular detail here.
the guy flat out denies something which has decades of research carried out by millions of highly qualified biologists and enough physical evidence which if you piled it up would no doubt look like a mountain. think about that for a second, he's denying something which millions of the world's most rational minds reached a consensus on decades ago. evolution isn't a debate at all in the scientific community.
@Rabsputin As I said, it's a non issue for me . I can't ever recall candidates in past elections ever being asked their views on evolution - economic policy, views on abortion, stance of foreign policy , etc - yes, but evolution ? Sure, it may be sound science ,but does a President's view on that issue really going to affect the war, the economy, job creation? I see it matter a lot to you so stick to your guns -that 's good . But for me , I don;t care one way or the other how he feels about it
@doogleandalix "Sure, it may be sound science ,but does a President's view on that issue really going to affect the war, the economy, job creation?"
not likely, but it tells me a lot about how the guy thinks and what he believes in.
on top of that, people who believe in fairytales having their finger on the button to launch nukes frankly frightens the shit out of me, as it should everyone else.
@doogleandalix now, i don't expect him to be an expert in the field of biology, but you don't have to be to have a general understanding of it and how it works.
is he just sucking up to the christian right wing? maybe, but then maybe he just plain doesn't want to accept that we're all apes and the garden of eden didn't exist and as such christianity has no basis whatsoever.
i'd rather someone who was concerned with reality was voted in.
@doogleandalix Ron Paul would be disasterous. The Democrats, most of them would never vote for him, even though he would try to pull America out of the two wars. His party will go all the way with his deregulation and ending welfare, but when it comes to policies that they don't like, such as pulling out of the wars and going back to the gold standard, then he will be even more ineffectual than Obama has been.
@dangerouslytalented I heard him say that as Commander in Chief, he would not have to rely on advice of generals to make decisions for him.He would have the power to recall the troops home .
08/22/11 date to remember USEURQAT humanitarians enabled reactionary forces to cause their long planned genocide on Libyan people while entering Tripoli ! NEVER FORGET !
Go Libyans ! Defend your sovereignty against foreign dictators ! You are all heroes !!!!
NO PASARAN !
PATRIA O MUERTE !
rebel monsters and their inglorious foreign alliance will lose !
The stimulus is like drinking an energy drink, of course it's going to have an immediate beneficial effect but it's only staving off a larger crash. The government shouldn't be able to pick favorites. For things to work in the long term, we need less government intervention, not more.
@0MoTheG Govt. policies such as NAFTA and the proposed free trade agreements with Panama stagnate wages and drive labor outside the US. Propping up the big labor unions and not having right to work laws results in further loss of jobs.
@0MoTheG Inflation, resulting from the stimulus, redistributes income and erodes international competitiveness, a devaluation may restore exports but the cost of making them is more expensive leading to further inflation. Temp. business incentives result in temporary thinking leading to exploitation of workers. Public debt raises borrowing costs of the corporate sector. I could go on and on..
"FDR's policies prolonged Depression by 7 years, UCLA economists calculate"
"Unemployment was down to 6.3% by June 1930, when the first big federal intervention occurred. Within six months, the downward trend in unemployment reversed and hit double digits for the first time in December 1930."
@0MoTheG "Small businesses expected 2011 to be the moment a years-long credit freeze would finally begin to thaw. But borrowing has only gotten worse...
Indeed, according to the Pepperdine study, more than three-quarters of bankers said they felt increased pressure from regulators, and 61% of those bankers reported that they have rejected loans they otherwise would have made to please the federal overseers"
@0MoTheG "'Jobless Entrepreneurship' Tarnishes Steady Rate of U.s. Startup Activity, Kauffmaan Study Shows"
...lack of other options may have driven founders to start sole proprietorships rather than more costly employer firms
"Take the work of Harvard’s Alberto Alesina and Silvia Ardagna. They examined 107 efforts to reduce the debt in 21 OECD nations between 1970–2007. Their findings suggest that tax cuts are more expansionary than spending increases in the cases of a fiscal stimulus.
@0MoTheG Recent research at Harvard Business School began with the premise that as a state's congressional delegation grew in stature and power in Washington, D.C., local businesses would benefit from the increased federal spending sure to come their way.
It turned out quite the opposite. In fact, professors Lauren Cohen, Joshua Coval, and Christopher Malloy discovered to their surprise that companies experienced lower sales and retrenched by cutting payroll, R&D, and other expense..
@0MoTheG Government spending plummeted by nearly two-thirds between 1945 and 1947, from $93 billion to $36.3 billion in nominal terms. If we used the “multiplier” of 1.5 for government spending that is favored by Obama administration economists, that $63.7 billion plunge should have caused GDP to fall by $95 billion, a 40 percent economic decline. In reality, GDP increased almost 10 percent during that period, from $223 billion in 1945 to $244.1 billion in 1947.
@Supralobe LOL cherry picking an extreme situation. It was the end of the war! sure the government spending went down but people had to catch up on consume. If you had attacked the factor of 1.5 I would have said: yes that is an assumption that needs support and might be an overestimation.
@0MoTheG Nobel economics laureate Milton Friedman on Keynes:
"In every discipline, progress comes from people who make hypotheses, most of which turn out to be wrong, but all of which ultimately point to the right answer. Now Keynes, in The General Theory of Employment, Interest and Money,set forth a hypothesis which was a beautiful one, and it really altered the shape of economics. But it turned out that it was a wrong hypothesis. That doesn't mean that he wasn't a great man!"
@Supralobe I disagree with Friedman, Keynes and Marx published extensive theories, that went beyond the simplistic "the market is self adjusting and all is good" wish-based armchair products. Adam Smith did not publish much new. Keynes was not for "big government" and "government debt" as it is often portrayed in the US, he was for the government using anti-cyclic fiscal and monetary means to stabilize the economy.
@0MoTheG The field of economics is broad and although some are generalists, there are others who are specialists in niches who have trouble with big picture macro-economic thinking and don't necessarily know as much about it as informed laypeople who learn about business and not just economics. However those economists provide quotes for the media supporting "stimulus" and spending due to their political leanings rather than solid economics.
@0MoTheG Just as a mechanical engineer is an "engineer" but may not know as much about a circuit design as a hobbyist just because "electrical engineering" is also "engineering". Its a separate discipline. Economists realized that older simplistic aggregate high level ivory tower models were too simplistic and failed to capture the way businesses operate in the real world, especially the importance of new business creation.
@0MoTheG You would do yourself a service to read The Wealth of the Nations by Adam Smith and understand what is meant by the invisible hand. Some may disagree with Smith's premises, but this provides the foundation for the Austrian laissez-faire economic philosophy as opposed to the deeply flawed Keynesian school of thought.
Why did Bachmann write a letter to the feds requesting stimulus money by claiming that money would create LONG TERM JOBS in her district, if the stimulus didn't work?
So Bachmann when asking for stimulus money admits the stimulus money would create long term jobs, but in public she rails against it? WTF?
BTW, 40 OP congressmen wrote the same letters. Instead of blasting it in public why not embrace the stimulus and embolden it if you know it will help Americans? Oh wait GOP help Americans?
Why did Bachmann write a letter to the feds requesting stimulus money by claiming that money would create LONG TERM JOBS in her district, if the stimulus didn't work?
So Bachmann when asking for stimulus money admits the stimulus money would create long term jobs, but in public she rails against it? WTF?
BTW, 40 OP congressmen wrote the same letters. Instead of blasting it in public why not embrace the stimulus and embolden it if you know it will help Americans? Oh wait GOP help Americans?
Why did Bachmann write a letter to the feds requesting stimulus money by claiming that money would create LONG TERM JOBS in her district, if the stimulus didn't work?
So Bachmann when asking for stimulus money admits the stimulus money would create long term jobs, but in public she rails against it? WTF?
BTW, 40 OP congressmen wrote the same letters. Instead of blasting it in public why not embrace the stimulus and embolden it if you know it will help Americans? Oh wait GOP help Americans?
Why did Bachmann write a letter to the feds requesting stimulus money by claiming that money would create LONG TERM JOBS in her district, if the stimulus didn't work?
So Bachmann when asking for stimulus money admits the stimulus money would create long term jobs, but in public she rails against it? WTF?
BTW, 40 OP congressmen wrote the same letters. Instead of blasting it in public why not embrace the stimulus and embolden it if you know it will help Americans? Oh wait GOP help Americans?
Why did Bachmann write a letter to the feds requesting stimulus money by claiming that money would create LONG TERM JOBS in her district, if the stimulus didn't work?
So Bachmann when asking for stimulus money admits the stimulus money would create long term jobs, but in public she rails against it? WTF?
BTW, 40 OP congressmen wrote the same letters. Instead of blasting it in public why not embrace the stimulus and embolden it if you know it will help Americans? Oh wait GOP help Americans?
@sinistar99 " well (D) doesn't mean progressive. " Really, I thought the goal of Progressives was to take over the Democrat party. I think that would finally give the American people a clear choice. Don't you think ?
@MrSpencerport ... and that was back in the 40s, before he completely renounced the Ku Klux Klan. Ignoring large parts of history is worse than rewriting it.
@dangerouslytalented If you vote for the Conservative nominee in the 2012 election then I will believe more in the " People do change their opinions " idiom. : )
Just pointing out, the stimulus "working" works perfectly with the Austrian point of view on business cycles. If you're interested in a "sane" view of the stimulus really failing, you should check it out. Note the first time our government really tried to stimulate the economy, we were in a depression for 16 years.
To Michele Bachmann and all the other Republicans who say the stimulus was a complete waste and failure here is a quote from The Wire : ""A Lie Ain't A Side Of A Story. It's Just A Lie."
@inimalist That's an incredibly strong correlation though, enough to heavily imply causation. Further, because the stimulus plan was designed to create jobs and reports from private sector industries say it did create job, it is reasonable to accept that the trend was started and propagated by the stimulus plan unless evidence can be shown otherwise.
@atlant80 well, we don't know the R value, so we can't say how strong it is (actually, since there was only one stimulus, it probably can't even be a proper correlation either). Yes, the chart appears to say exactly what Cenk was, and I see no real reason to argue with it, but it isn't a mechanism. If you really want me to make a criticism, sure, I'd rather Cenk talk about why Bachmann is wrong, rather than just post charts, but that wasn't my point at all.
@force3264 Republicans and Democrats had slaves back then. Your argument is further mooted because they were different parties back then. To many northerners, the civil war was about keeping the union intact, not slavery.
Printing money does no good in the LONG TERM, this is like getting cancer and going on a long drinking binge, you feel great it's fun, but you are drinking instead of going through the proper treatment that could save you. The average fiat currency lasts 27 years, we've had a real fiat for 40 years, do the math. Gov't doesn't really create jobs, bureaucrats and politicians make more than the average private sector worker, and the laws they enforce also kill jobs.
@ShatterNWO Yea, we never needed interstate highways, roads, bridges, dams, hydroelectric power, schools
And we definately didn't need to power the south, fuck those guys!
Anyone who believes that the infrastructure that we laid down decades ago made commerce cheaper, helped speed up the movement of goods and services, educated kids and that that helped the economy is obviously a commie
@dffykvn Hahah yeah totally! Reminds me of the Tea Partier on Social Security who drove on a public road to a rally at a public park with a sign that says "keep government hands off MY medicare"
@ShatterNWO I'm not sure I completely agree with everything you've said, but I like your analogy about printing money. I just might use it, in fact. Thanks.
@ShatterNWO But no Govt officials make anywhere near as much as the ceos and major shareholders who really benefit from deregulation. The laws they enforce PROTECT jobs when they actually enforce them. We tried corporate tax cuts and massive deregulation...and we're seeing how that worked out. Govt is why there is money are jobs and is property, contracts, roads to ship products, etc. and is our only recourse against the "heel of corporate power'.
@sinistar99 An economist eating at a banquet with other rich ****s sees a hundred unionized workers trying to split two loaves of soggy moldy bread
He goes to the hundred non unionized workers trying to split one loaf of soggy moldy bread and tells them that the hundred union workers stole their loaf of soggy moldy bread
Then goes back to the banquet where they're covering icecream with gold flakes (actual fucking dish, I shit you not!)
@ShatterNWO Glad you stated bureaucrats and politicians--cuz I know that as a private sector worker, I get a better paycheck than my government counterparts--I do(well I did)want their healthcare options. BTW, what actually makes a fiat currency only last for a certain amount of time, like 27 years? I mean, we've jumped on and off the gold standard for centuries, so, we've probably had a fiat currency for even longer than 40 years...
@ShatterNWO Actually, "printing money" does not change a lot of thing in long term. It's call the long run neutrality of money, and it have been proved many time over on empirical studies. And, sure, the average time of any system of money is usually short, because we don't live forever and we always trade what have the least value (which is something that change with time).
@ShatterNWO WRONG DUMBFUCK. When the government makes workers, the government also creates SPENDERS. SPENDERS stimulate the economy by pouring money into the private sector mainly. This in turn fuels business and allows them to hire more workers. Government Jobs DIRECTLY make Private Sector Jobs. What a DUMBFUCK you are for saying such an ignorant thing. The 2008 Stimulus was PROOF of this, as it lowered unemployment by 1.5-2.5% depending on the state and stopped freefall loss of 100,000 Jobs/PM
@electronicoffee Good luck trying logic, facts, and reality. I live with 3 republicans, and I've tried that tactic for a long time. I can tell you with confidence it hasn't worked at ALL.
@Ou8y2k2 Did I mention all 3 are christian fundamentalist/financial conservative/libertarian republicans who genuinely think Obama 1. Is not a US citizen 2. wants muslim rule in the US 3. will destroy the economy 4. will destroy health care? Oh, and they all have jobs that would directly be negatively effected by decreases in the national defense budget or health care reform.
So teachers, firefighters, police, doctors, workers at public utility companies, soldiers, etc. aren't really employed? They aren't "real" jobs? NASA, the DoD, etc. have created plenty of jobs. At its height NASA directly employed or indirectly employed (contracted companies to work for them) 400,000 people. Not to mention how many companies have spawned to commercialize technology from the space program, like half the stuff in the hospital.
So teachers, firefighters, police, doctors, workers at public utility companies, soldiers, etc. aren't really employed? They aren't "real" jobs? NASA, the DoD, etc. have created plenty of jobs. At its height NASA directly employed or indirectly employed (contracted companies to work for them) 400,000 people. Not to mention how many companies have spawned to commercialize technology from the space program, like half the stuff in the hospital.
@ShatterNWO - So teachers, firefighters, police, doctors, workers at public utility companies, soldiers, etc. aren't really employed? They aren't "real" jobs? NASA, the DoD, etc. have created plenty of jobs. At its height NASA directly employed or indirectly employed (contracted companies to work for them) 400,000 people. Not to mention how many companies have spawned to commercialize technology from the space program; like half the stuff in the hospital.
Exactly lol, the stimulus was just to add extra liquidity into the markets because the people at the top shit the bed. But all that extra liquidity just ended back up at the top and they are probably just hoarding the fiat instead of applying the new funds to create jobs within the US.
@TheNewSchoolGamer We both agree on the problem, just disagree on the solution. I just believe we shouldn't have bailed them out, let the markets corrected things in about 2 years and things would be a lot better. But we may have already gone past the point of no return, at best we could be like Japan, with a 20 year recession.
Keynesian bullshit...The broken window fallacy, and a misleading graph. I don't like Bachmann, but she is correct in saying government spending won't help the economy.
It's not like government spending on tenessee power brought power to the region improving the quality of their lives, created a foundation for modern cities and allowed them engage in more modern commerce
Ps, the private sector wrote off the entire fucking rural south
Anyone who believes that stuff just doesn't suck enough discredited austrian cock
the last Stimulus did work, it saved the marsh mouse that lived in a pond near San Francisco, the one that Nancy pelosi was so fond of! hahaha gd progressives really break me up, hahaha
More Government is what got us INTO this problem, and... Ron Paul's plan of LESS Government is going to save us one TRILLION in the first year.
That's only the start.
What we need is less of the same things that got us into this problem.
TheDeathOfLucifer 4 months ago
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Should Obama should be tried for violating Simir Khan & Anwar al-Awlaki's (both U.S. citizens), Constitutional rights (Article 3, Section 2, 1st, 5th, and 8th amendments)? Does a president have the right to execute American citizens without a trial or guilty verdict guaranteed under the Constitution? If so, what other Constitutional rights may he tyrannically violate with impunity? What crime were they actually accused of, do you know? Where do you draw the line?
justfactsallowed 4 months ago
This comentator is an idiot. The stimulus created temporary jobs at the cost of nearly $1 trillion dollars. And if you would do a little research, you would see some of the rediculus things my tax dollars were spent on. Now here we are broke as hell, unemployment higher than before the first stimulus and Obama is going for round two of basically the same stimullus with a different name. Liberal economics at its best!
GERATMO 5 months ago
@GERATMO Temporary jobs were not the goal. The goal was that people get some money out of those temporary jobs, spend it on businesses which will allow them to hire more permanent jobs. It isn't too hard to comprehend, and saying the goal was to make temporary jobs is just saying you don't actually know it was. The only failure was it wasn't big enough.
bobbysaysyo 2 months ago
The best thing of all is that there are those morons arguing, despite the graph being about as obvious as a graph can be.
MyTemporaryAccount88 5 months ago
they ought to rename your country The Devided States of America
videobrain101 5 months ago in playlist September 9
Social Conservatives are allowed to lie because they can "Sin now, repent later..."
leegeorgeson 5 months ago
the only thing long and black that Michele Bachman should be in front of is my cock, not a microphone.
TheGreatDizzle09 5 months ago
Texas fires now Minnesota is burning! According to their false logic and false Christianity, which is convenient for lining their own pockets, God is telling us to get those people out of our lives and politics.
sixin1 5 months ago in playlist More videos from TheYoungTurks 2
Will you "cite" that graph, please?
platinumgirlful 5 months ago
I need to stop watching ANYTHING involving Bachmann because that bitch is going to give me nightmares.
Comsofficer 5 months ago
A congressman lying about obvious facts to dumb down the already ignorant and pathetic general public?
GTFO!
Just $312 B would give every man woman and child in America $1000, and these guys wanna cut the budget by the trillions?
Seriously...the general public so freakin stupid to not see through these budget talks. HELLO bottom 80% of America! You're dirt fucking broke! You own only 7% of the countries wealth, a little socialism would only get you MORE. God knows the rich aren't providing.
OtakuRebel 5 months ago
Comment removed
OtakuRebel 5 months ago
Cenk, the IMF last year published a white paper detailing the impact of fiscal stimulus in various countries and concluded that, in the case of countries which had a high sovereign debt/GDP ratio, fiscal stimulus is counter-productive.
That said, you are WAY out of line to call Michelle Bachmann a "liar" for saying that the Stimulus package harmed the US economy. It's actually a fact that our long term prospects are harmed by this administration's profligacy...
migkillertwo 5 months ago in playlist More videos from TheYoungTurks
...because they simply refuse to address the problem of government spending/GDP. they want to solve the debt/GDP problem with small, temporary, across-the-board cuts to government spending and tax hikes on job creators, but they will not address the long term fiscal outlook of our programs, nor will they address the problem of government regulation, which many studies say costs the US economy 1.75 trillion dollars annually. Obama has made THAT problem only worse.
migkillertwo 5 months ago in playlist More videos from TheYoungTurks
The stimulus created 5 million jobs, I don't understand how that hurt job creation.
syzygy502 5 months ago
@syzygy502 I hurt because it didn't increase taxes on the rich and put them back in their place.
pistolpete1st 5 months ago
@pistolpete1st Can't have everything in a bill.
syzygy502 5 months ago
What a moron. Correlation does not imply causality. Talk show host chump doesn't know anything about logic.
MrBiggMan 5 months ago
@MrBiggMan then what evidence do you have to show the stimulus hurt job creation?
Jusoon 5 months ago
@Jusoon I never said it hurt job creation. What I said was that Cenk engaged in falty reasoning, similar to "I washed my car, and then it rained... Only an idiot would suggest the washing didn't cause the rain!"
MrBiggMan 5 months ago
Michele's Husband has a new therapy .It's call Gay the Pray Away.
Shammydavisjr 5 months ago 5
you know what, from my point of view, Obama's not a bad president at all. They said the same thing about Clinton, you know, he's a pervert, this and that, time for a change etc, but when you look at it now he was the best US president in, what, 30 years?
shittyfagg 5 months ago in playlist September 9
@shittyfagg This is how Clinton is look at by the rest of the world, his soul is forever damed for blocking the Canadians at the un trying to stop the slaughter of a million Rwandians, he brought in the free trade agreement with China as he was in the pocket of Wall st and Wall Mart which gutted your manufacturing sector and created the rust belt, this also started the race to the bottom which the entire world is experiencing, Clinton was the best unkown republican president ever!
487shawn 5 months ago
PatriotTexas loves proving how ignorant Republicans are. Behold the reason why this country is so ass backwards. I bet he still thinks there was a connection btwn Saddam Hussain and 9/11.
dwalden74 5 months ago
I knew this moron is stupid but dam he outdid himself again.
PatriotTexas 5 months ago
@PatriotTexas I kan speek well good wit my hugemongus brain. Beecuz of tis I now this guy is a stupid.
You might not get the joke, so I'll go ahead and tell you that I'm making fun of you.
shangchistu 5 months ago
Wait a sec. Michelle Bachmann says things that are untrue? NO WAY.
upabittoolate 5 months ago
I'm sure "God" told her to say these things. On the other hand "God" isn't stupid. I'll just watch Fox "News" to see if anyone intelligent should show up:)
Mr1958louief 5 months ago
Bachmann Lies About Stimulus & Jobs
Let's just simplify this "Bachmann opened her mouth."
If the woman has ever said anything honest in her life it was entirely by accident. I won't say she's allergic to the truth... but it probably gives her indigestion.
Monolith21000 5 months ago 2
BACHMANN LIES! BACHMANN LIES! BACHMANN LIES!
(FOX LIES!)
enwordsand 5 months ago in playlist More videos from TheYoungTurks
Lol yea the stimulus worked that's why unemployment is higher. That's why we are worse off than even the projection the Administration gave without the stimulus. Just because "jobs" number went up doesn't mean anything. Jobs are the means not the end. We could have full government employment tomorrow and the economy would still be crap and nobody would be able to buy crap. Remember Obama saying unemployment wouldn't go above 8%? Lol my ass.... if you think the stimulus worked you are insane.
safewaysecurity 5 months ago
Cenk - "Numbers? I'm a Republican, I don't beieve in numbers." ... Except, in Bachmann's case, for the Numbers that comes between Leviticus and Dueteronomy
tvsinesperanto 5 months ago 49
@tvsinesperanto i laughed too much at that... yohoho bible joke
jokes33186 5 months ago in playlist September 9
@jokes33186 Thank you, thank you. I'll be here all week, try the veal and don't forget to tip your waitress.
tvsinesperanto 5 months ago
Who cares if it's true?? Republicans rely on the notion that the American people are too ignorant to either know the facts, or go and check whether or not what they are saying is true. Unfortunately, that policy works for them all too often...
dwalden74 5 months ago
@dwalden74 Who is ignorant, certainly not me. the idiots that bought the libtard crap and voted for obomotards change is the ignorant morons here.
PatriotTexas 5 months ago
And,
Obama lied when he said that the "Jobs Act" was paid for.
It's what politicians do Cenk, they lie.
And speaking of lies,
hows that little GITMO thing working out for ya?
bobbytiger 5 months ago
Fox news for those too stupid to think for themselves.
Twostones00 5 months ago
@0MoTheG Government intervention such as subsidies and tax breaks/tax credits drive out healthy competition and thwart future innovation, where the majority of job growth would actually occur, by placing certain companies and industries on an artificially uneven playing field.
Supralobe 5 months ago
@Supralobe I agree that subsidies are over the top but that is in the sectors of energy, agriculture and military.
Subsidies are necessary to further new technologies and foster structural change. That way they create jobs and ensure competitiveness.
0MoTheG 5 months ago
That that complete idiot and extremist fiasco Bachmann LIES about anything implies she knows the right answer, which is pretty much impossible. She's got no fucking clue, she just throws together random terms that appeals to dumb voters lik "communism", "God" and "Muslims"
underbjorn 5 months ago
In economics, money illusion refers to the tendency of people to think of currency in nominal, rather than real, terms. In other words, the numerical/face value (nominal value) of money is mistaken for its purchasing power (real value). This is false, as modern fiat currencies have no intrinsic value and their real value is derived from their ability to be exchanged for goods and used for payment of taxes.
wikipedia please support
hurasane 5 months ago
hey Cenks, why dont you show the graph post May 2011? OH wait that would show how FULL OF SHIT you are
DaytonaRoadster 5 months ago
Michelle Bachmann is number 1 with stupid
biggydx 5 months ago in playlist More videos from TheYoungTurks
I didn't see a turban and I though he was agnostic but I guess ignorance is bliss
ThatOrangeBelt 5 months ago
Only a fuckin' retard would trust another stimulus from that idiotic chimpanzee in the oval office. Fuck your graph, look at reality: We're STILL at over 9% unemployment...and many have totally given up looking for a job altogether. The economy is SHIT. Dumbass Muslim, knock off the distortion and lies. You wrap your turbin too tight.
JimboVids 5 months ago
@JimboVids Racist rant? You scored a 10 out of 10! Well done sir, well done indeed.
Ralfast 5 months ago
@JimboVids THANK YOU FOR YOUR IGNORANCE AND STUPIDITY. WE NEED MORE LIKE YOU LOL LMFAO DUMB ASS. PLEASE KEEP IT UP
MrChameleon101 5 months ago
@MrChameleon101
Little kid, go away
JimboVids 5 months ago
@JimboVids THAT'S WHAT PEOPLE LIKE YOU DO. DISMISS AND MAKE YOUR OWN FACTS.
MrChameleon101 5 months ago
This has been flagged as spam show
It's not enough to say "Vote Ron Paul"
PEOPLE NEED TO SWITCH PARTIES 12 WEEKS IN ADVANCE OF THE PRIMARIES IN MOST STATES.
IF YOU DO NOT SWITCH IN TIME YOU CANNOT VOTE IN PRIMARY.
IF YOU ARE NOT REGISTERED REPUBLICAN YOU CANNOT VOTE IN PRIMARY.
IF RON PAUL DOES NOT WIN PRIMARY, NO GENERAL ELECTION ! REGISTER AS A REPUBLICAN. FIND OUT WHEN YOUR STATE HAS PRIMARIES. FIND OUT WHERE AND VOTE VOTE VOTE ! PLEASE !
WE NEED EVERY LAST VOTE ! Copy and paste this everywhere
Gooodwitch 5 months ago in playlist More videos from TheYoungTurks
Is Michele Bachmann wearing a Bumpit? Or is that just the air inflating her head?
brokebassoon 5 months ago
Michele Bachmann, for people who find Sara Palin too much of an intellectual.
Jamez773 5 months ago in playlist More videos from TheYoungTurks
To quote the sage H. Simpson; "Facts, pfft, you can use facts to prove anything that's even *remotely* true."
liveecarbme 5 months ago
That graph is deceptive. Qualitatively, a *job changes* graph would look the same either way. As job loss is exhausted, job changes returns to zero. The graph clearly shows a total job loss. The question is, what would have it looked without the stimulus, and that's the economic experiment problem... it's impossible to do. I resort to philosophy and logic. Value can only be guaranteed voluntarily.
carlosjhr64 5 months ago
@carlosjhr64 As I skimmed over the comments... amazed that nobody picked up on the fact that is was a *job changes* graph (sigh).
carlosjhr64 5 months ago
@carlosjhr64 Good catch. Seems to be the trend in politics-use skewed "facts" to support a flawed theory to benefit a questionable cause and employ airheads to advocate the cause by referring back to the "facts".
Happens on "both sides".
America...what's your price?
liveecarbme 5 months ago
Damn shes hot
sikada 5 months ago
OFCOURSE! THE REPBUBLICANS ARE THE BIGGEST JOKE AND LIERS, THERE IS AMERICA
elenavlada 5 months ago
@elenavlada That makes you the biggest liar of them all. Take a good look at the back-stabbing scum libtard elitist and quit being a proganda moron for the idiot libtard clusterf*cks.
PS- Get off the libtard stupidity kool-aid before you become a permanent retard.
PatriotTexas 5 months ago
does anyone else get the urge to bend Mitchell over and fuck her brains out when they see her speak seriously I think she has a major case of dick deprivation.
myw67 5 months ago
Here's the fact, republicans will disagree on everything Obama says and wants to pass. NO matter how great it is, they will disagree with everything..which should show you why they won't vote into anything...nor pretty much do anything in the White House. Honestly, it's funny how people blame the president when in reality you have the house and senate who aren't doing what they are suppose to do as well. Either you have bad bills passed or nothing at all. We're screwed no matter what.
Mika20 5 months ago
The problem with "conservative" thinking, is that it is never about what the numbers are, it's what you believe the numbers to be...
Challenge a liberal and you challenge their facts which can be confirmed or refuted. Challenge a conservative and you attack their belief system, where it becomes a personal attack and cannot be addressed rationally, EVER!
Talondas 5 months ago
@Talondas " Challenge a liberal and you challenge their facts which can be confirmed or refuted. " Facts are facts and nobody should have a claim to " their facts ". When you take a test and the teacher grades your answers wrong do you come back and say those answers are right based on " my facts" ?
MrSpencerport 5 months ago
@MrSpencerport, you are a real PERVY-WANKER!
I was going to send you a nice little message about how you never bothered to address the second half of my statement and the completely missed the point I was trying to make, and seeing how old this thread was, was willing to make it private...until I visited your channel...
Dedicated entirely to foot fetish videos!
OMG! ROFLMAOPMP!
You can't make this shit up!
Oh Gods, I have to stop, I'm crying I'm laughing so hard! :-D
Talondas 5 months ago
@Talondas It not my problem if you don't like girls.
MrSpencerport 5 months ago
@Talondas Well if he likes foot fetishes, that is his right. Everyone has a right to like feet or not like feet...
leegeorgeson 5 months ago
@dangerouslytalented
Tell it to someone else what you've read.
I was borne and raised in the fucking USSR.
Your fucking president with MOST of the the congressmen and cenators are going there too.
And general publoc is happily running there also.
platipot 5 months ago
@dangerouslytalented
You are dumb asshole.
LEARN!
That how communist started. Some - immediately, some - step by step.
"taken control completely from their corrupt management" - is SPECIFICALLY communist method.
To take something which is PRIVATE!!!!
Asshole cunt you are. Truly!
platipot 5 months ago
@platipot I have read a little something about the Russian Revolution. They removed all the management of all the factories, exiled or executed or imprisoned the owners, corrupt or not corrupt, and put their own people in charge. Obama has not done ANY of these things. He has propped up GM and Chrysler and the banks (although that was mostly done under Bush).
dangerouslytalented 5 months ago
Just because she pulled "facts" out of her ass, does not mean she lied... She might genuinely believe the bullshit she spouts.
dangerouslytalented 5 months ago
@thesparitan
You call it "he delicate art of argumentation"?
Pretencious semi-literal cunt. (How's that for delicate art ?)
platipot 5 months ago
Obama is young Lenin.
Communism KILLS!
platipot 5 months ago
@platipot Its a good idea to take your medication now.
thesparitan 5 months ago in playlist More videos from TheYoungTurks
@platipot If he was communist, he would have nationalised ALL the failing banks, not propped them up, but taken control completely from their corrupt management. He is NOTHING LIKE A COMMUNIST.
dangerouslytalented 5 months ago
@platipot Boy, i only wish.
Stingerbillion 5 months ago
Please America because of the lesser of 2 evils,vote for Obama because he has a little more common sense than Michelle Bachamann and Rick Perry.
98bigbutt 5 months ago
Only a MORON would listen to Fox News!!
marv1944 5 months ago
“If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.”
-Joseph Gobbels
boricuamm707 5 months ago
Did Michele Bachmann change her eye makeup? OH, she was trying to speak on an important issue? Sorry, I didn't catch her message.
barba3gr 5 months ago
I WOULD LIKE TO THANK FOX NEWS AND MICHELE BACHMANN FOR HER LEADERSHIP. YOU JUST HELP PRESIDENT OBAMA SECURE HIS PRESIDENCY FOR 2012. THANK YOU AGAIN FOR YOUR IGNORANCE AND STUPIDITY.
MrChameleon101 5 months ago
Reminder : If you are a disillusioned Dem or unaffiliated, and you live in one of 18 or more closed primary states , U will not be able to vote Ron Paul in the critical primary! Some states are : AZ,CT,CO,DE,FL,OR,OK,NE,NC,SD,UT,NY,PA,LA,KY,WV,DC, AND MORE .Do not be cheated out of a vote,don;t cheat Ron Paul out of the nomination .The primary is where it counts -it determines the nomination .
doogleandalix 5 months ago
@doogleandalix the large majority of dems, disillusioned or not, are not stupid enough to elect an extreme conservative.
Rabsputin 5 months ago
@Rabsputin Perhaps, but I have spoken with a HUGE amt of the demographic between 18-25 who are definitely switching parties to vote Ron Paul. Advocating the legalization of marijuana , and from a physican at that and immediate troop withdrawl from the Middle East , are hardly tenets of an extreme conservative .
doogleandalix 5 months ago
@doogleandalix the guy didn't think that ronald reagan was conservative enough, if that doesn't make him an extreme conservative, what does?
on top of that he's a science denier, with particular derision of evolution and climate change.
typically people who deny scientific theory (a collection of thousands of scientific facts, not a hunch or a guess) either have a hidden agenda or can't think critically, do you really want to vote in someone who can't fucking think for themselves?
Rabsputin 5 months ago
@Rabsputin I could care less what he thinks of evolution . The world is imploding around us , decades long wars with no end in sight, we owe trillions to China, country is bankrupt, and the current solution seems to be to throw another 450 billion at the non-creation of jobs - I guess because it was such a success the first time . Evolution is WAY at the bottom of my priority list - obviosuly we will never agree on this guy so to each his own . Peace .
doogleandalix 5 months ago
@doogleandalix evolution is just the granular detail here.
the guy flat out denies something which has decades of research carried out by millions of highly qualified biologists and enough physical evidence which if you piled it up would no doubt look like a mountain. think about that for a second, he's denying something which millions of the world's most rational minds reached a consensus on decades ago. evolution isn't a debate at all in the scientific community.
Rabsputin 5 months ago
@doogleandalix evolution is just the granular detail here.
the guy flat out denies something which has decades of research carried out by millions of highly qualified biologists and enough physical evidence which if you piled it up would no doubt look like a mountain. think about that for a second, he's denying something which millions of the world's most rational minds reached a consensus on decades ago. evolution isn't a debate at all in the scientific community.
Rabsputin 5 months ago
@Rabsputin As I said, it's a non issue for me . I can't ever recall candidates in past elections ever being asked their views on evolution - economic policy, views on abortion, stance of foreign policy , etc - yes, but evolution ? Sure, it may be sound science ,but does a President's view on that issue really going to affect the war, the economy, job creation? I see it matter a lot to you so stick to your guns -that 's good . But for me , I don;t care one way or the other how he feels about it
doogleandalix 5 months ago
@doogleandalix "Sure, it may be sound science ,but does a President's view on that issue really going to affect the war, the economy, job creation?"
not likely, but it tells me a lot about how the guy thinks and what he believes in.
on top of that, people who believe in fairytales having their finger on the button to launch nukes frankly frightens the shit out of me, as it should everyone else.
Rabsputin 5 months ago
@doogleandalix now, i don't expect him to be an expert in the field of biology, but you don't have to be to have a general understanding of it and how it works.
is he just sucking up to the christian right wing? maybe, but then maybe he just plain doesn't want to accept that we're all apes and the garden of eden didn't exist and as such christianity has no basis whatsoever.
i'd rather someone who was concerned with reality was voted in.
Rabsputin 5 months ago
@doogleandalix Ron Paul would be disasterous. The Democrats, most of them would never vote for him, even though he would try to pull America out of the two wars. His party will go all the way with his deregulation and ending welfare, but when it comes to policies that they don't like, such as pulling out of the wars and going back to the gold standard, then he will be even more ineffectual than Obama has been.
dangerouslytalented 5 months ago
@dangerouslytalented I heard him say that as Commander in Chief, he would not have to rely on advice of generals to make decisions for him.He would have the power to recall the troops home .
doogleandalix 5 months ago
This has been flagged as spam show
08/22/11 date to remember USEURQAT humanitarians enabled reactionary forces to cause their long planned genocide on Libyan people while entering Tripoli ! NEVER FORGET !
Go Libyans ! Defend your sovereignty against foreign dictators ! You are all heroes !!!!
NO PASARAN !
PATRIA O MUERTE !
rebel monsters and their inglorious foreign alliance will lose !
Quierotortilla 5 months ago
The stimulus is like drinking an energy drink, of course it's going to have an immediate beneficial effect but it's only staving off a larger crash. The government shouldn't be able to pick favorites. For things to work in the long term, we need less government intervention, not more.
Supralobe 5 months ago
@Supralobe can you substantiate that? How will less government cause anyone to buy more goods and services in the USA?
0MoTheG 5 months ago
@0MoTheG Govt. policies such as NAFTA and the proposed free trade agreements with Panama stagnate wages and drive labor outside the US. Propping up the big labor unions and not having right to work laws results in further loss of jobs.
Supralobe 5 months ago
@0MoTheG Inflation, resulting from the stimulus, redistributes income and erodes international competitiveness, a devaluation may restore exports but the cost of making them is more expensive leading to further inflation. Temp. business incentives result in temporary thinking leading to exploitation of workers. Public debt raises borrowing costs of the corporate sector. I could go on and on..
Supralobe 5 months ago
@Supralobe ... adding more fiction. I know Adam Smith LOL. No data basis, no computer models, pure theory with no experiment or validation.
Where is the inflation? How does it erode competitiveness, have the interest rates gone up? Have the wages gone up? All BS
Don't tell me to read a book that has as much to do with modern economics as the works of Freud with psychology.
0MoTheG 5 months ago
@0MoTheG Look it up:
"FDR's policies prolonged Depression by 7 years, UCLA economists calculate"
"Unemployment was down to 6.3% by June 1930, when the first big federal intervention occurred. Within six months, the downward trend in unemployment reversed and hit double digits for the first time in December 1930."
Supralobe 5 months ago
@0MoTheG "Small businesses expected 2011 to be the moment a years-long credit freeze would finally begin to thaw. But borrowing has only gotten worse...
Indeed, according to the Pepperdine study, more than three-quarters of bankers said they felt increased pressure from regulators, and 61% of those bankers reported that they have rejected loans they otherwise would have made to please the federal overseers"
Supralobe 5 months ago
@0MoTheG "'Jobless Entrepreneurship' Tarnishes Steady Rate of U.s. Startup Activity, Kauffmaan Study Shows"
...lack of other options may have driven founders to start sole proprietorships rather than more costly employer firms
"Take the work of Harvard’s Alberto Alesina and Silvia Ardagna. They examined 107 efforts to reduce the debt in 21 OECD nations between 1970–2007. Their findings suggest that tax cuts are more expansionary than spending increases in the cases of a fiscal stimulus.
Supralobe 5 months ago
@Supralobe sure if the gov. goes into more debt for it, as the US has always done in the past.
0MoTheG 5 months ago
@0MoTheG Recent research at Harvard Business School began with the premise that as a state's congressional delegation grew in stature and power in Washington, D.C., local businesses would benefit from the increased federal spending sure to come their way.
It turned out quite the opposite. In fact, professors Lauren Cohen, Joshua Coval, and Christopher Malloy discovered to their surprise that companies experienced lower sales and retrenched by cutting payroll, R&D, and other expense..
Supralobe 5 months ago
@0MoTheG Government spending plummeted by nearly two-thirds between 1945 and 1947, from $93 billion to $36.3 billion in nominal terms. If we used the “multiplier” of 1.5 for government spending that is favored by Obama administration economists, that $63.7 billion plunge should have caused GDP to fall by $95 billion, a 40 percent economic decline. In reality, GDP increased almost 10 percent during that period, from $223 billion in 1945 to $244.1 billion in 1947.
Supralobe 5 months ago
@Supralobe LOL cherry picking an extreme situation. It was the end of the war! sure the government spending went down but people had to catch up on consume. If you had attacked the factor of 1.5 I would have said: yes that is an assumption that needs support and might be an overestimation.
0MoTheG 5 months ago
@0MoTheG Nobel economics laureate Milton Friedman on Keynes:
"In every discipline, progress comes from people who make hypotheses, most of which turn out to be wrong, but all of which ultimately point to the right answer. Now Keynes, in The General Theory of Employment, Interest and Money,set forth a hypothesis which was a beautiful one, and it really altered the shape of economics. But it turned out that it was a wrong hypothesis. That doesn't mean that he wasn't a great man!"
Supralobe 5 months ago
@Supralobe I disagree with Friedman, Keynes and Marx published extensive theories, that went beyond the simplistic "the market is self adjusting and all is good" wish-based armchair products. Adam Smith did not publish much new. Keynes was not for "big government" and "government debt" as it is often portrayed in the US, he was for the government using anti-cyclic fiscal and monetary means to stabilize the economy.
0MoTheG 5 months ago
@0MoTheG The field of economics is broad and although some are generalists, there are others who are specialists in niches who have trouble with big picture macro-economic thinking and don't necessarily know as much about it as informed laypeople who learn about business and not just economics. However those economists provide quotes for the media supporting "stimulus" and spending due to their political leanings rather than solid economics.
Supralobe 5 months ago
@0MoTheG Just as a mechanical engineer is an "engineer" but may not know as much about a circuit design as a hobbyist just because "electrical engineering" is also "engineering". Its a separate discipline. Economists realized that older simplistic aggregate high level ivory tower models were too simplistic and failed to capture the way businesses operate in the real world, especially the importance of new business creation.
I digress.
Supralobe 5 months ago
@0MoTheG You would do yourself a service to read The Wealth of the Nations by Adam Smith and understand what is meant by the invisible hand. Some may disagree with Smith's premises, but this provides the foundation for the Austrian laissez-faire economic philosophy as opposed to the deeply flawed Keynesian school of thought.
Supralobe 5 months ago
Bachmann lies about everything... why would this be any different?
theoriginalKland 5 months ago
This has been flagged as spam show
Why did Bachmann write a letter to the feds requesting stimulus money by claiming that money would create LONG TERM JOBS in her district, if the stimulus didn't work?
So Bachmann when asking for stimulus money admits the stimulus money would create long term jobs, but in public she rails against it? WTF?
BTW, 40 OP congressmen wrote the same letters. Instead of blasting it in public why not embrace the stimulus and embolden it if you know it will help Americans? Oh wait GOP help Americans?
VITRUVIANMANNOLA 5 months ago
This has been flagged as spam show
Why did Bachmann write a letter to the feds requesting stimulus money by claiming that money would create LONG TERM JOBS in her district, if the stimulus didn't work?
So Bachmann when asking for stimulus money admits the stimulus money would create long term jobs, but in public she rails against it? WTF?
BTW, 40 OP congressmen wrote the same letters. Instead of blasting it in public why not embrace the stimulus and embolden it if you know it will help Americans? Oh wait GOP help Americans?
VITRUVIANMANNOLA 5 months ago
This has been flagged as spam show
Why did Bachmann write a letter to the feds requesting stimulus money by claiming that money would create LONG TERM JOBS in her district, if the stimulus didn't work?
So Bachmann when asking for stimulus money admits the stimulus money would create long term jobs, but in public she rails against it? WTF?
BTW, 40 OP congressmen wrote the same letters. Instead of blasting it in public why not embrace the stimulus and embolden it if you know it will help Americans? Oh wait GOP help Americans?
VITRUVIANMANNOLA 5 months ago
Why did Bachmann write a letter to the feds requesting stimulus money by claiming that money would create LONG TERM JOBS in her district, if the stimulus didn't work?
So Bachmann when asking for stimulus money admits the stimulus money would create long term jobs, but in public she rails against it? WTF?
BTW, 40 OP congressmen wrote the same letters. Instead of blasting it in public why not embrace the stimulus and embolden it if you know it will help Americans? Oh wait GOP help Americans?
VITRUVIANMANNOLA 5 months ago
@VITRUVIANMANNOLA mostly because that money was not about jobs, it was about getting more money.
dangerouslytalented 5 months ago
Why did Bachmann write a letter to the feds requesting stimulus money by claiming that money would create LONG TERM JOBS in her district, if the stimulus didn't work?
So Bachmann when asking for stimulus money admits the stimulus money would create long term jobs, but in public she rails against it? WTF?
BTW, 40 OP congressmen wrote the same letters. Instead of blasting it in public why not embrace the stimulus and embolden it if you know it will help Americans? Oh wait GOP help Americans?
VITRUVIANMANNOLA 5 months ago
Conservatives are allways re-writing history. And they know they'll get away with it.
TheFunkadelicFan 5 months ago
@TheFunkadelicFan Your right, " Conservatives are always re-writing history ". Signed Sen. Robert Byrd (D) West Virginia ( former KKK Keagle )
MrSpencerport 5 months ago
@MrSpencerport Haha well (D) doesn't mean progressive. There are a lot of southern "blue dog" dems who suck almost as bad as Republicans.
sinistar99 5 months ago
@sinistar99 " well (D) doesn't mean progressive. " Really, I thought the goal of Progressives was to take over the Democrat party. I think that would finally give the American people a clear choice. Don't you think ?
MrSpencerport 5 months ago
@MrSpencerport ... and that was back in the 40s, before he completely renounced the Ku Klux Klan. Ignoring large parts of history is worse than rewriting it.
dangerouslytalented 5 months ago
@dangerouslytalented Once your Klan you're always Klan and " back in '40's " excuses nothing and you know it ?
MrSpencerport 5 months ago
@MrSpencerport Well, Reagan was once a Union man and a democrat. People do change their opinions you know...
dangerouslytalented 5 months ago
@dangerouslytalented If you vote for the Conservative nominee in the 2012 election then I will believe more in the " People do change their opinions " idiom. : )
MrSpencerport 5 months ago
@TheFunkadelicFan History? They are fucking rewriting history even before it gets written down. Look at the lies of FOXnews.
dangerouslytalented 5 months ago
Cenk's sarcastic comments about Bachmann are really funny!
12235117657598502586 5 months ago
Just pointing out, the stimulus "working" works perfectly with the Austrian point of view on business cycles. If you're interested in a "sane" view of the stimulus really failing, you should check it out. Note the first time our government really tried to stimulate the economy, we were in a depression for 16 years.
RKAddict101 5 months ago
GOP : We don't need no stinking Graphs and Charts
All we need is FOX NEWS!!!
sargetech 5 months ago 64
Everytime Michele Bachmann talks she lies or says something stupid.
cne08 5 months ago
To Michele Bachmann and all the other Republicans who say the stimulus was a complete waste and failure here is a quote from The Wire : ""A Lie Ain't A Side Of A Story. It's Just A Lie."
FlatulenceFox 5 months ago
not that i disagree overall, but a chart only presents a correlation, not a mechanism
inimalist 5 months ago
@inimalist That's an incredibly strong correlation though, enough to heavily imply causation. Further, because the stimulus plan was designed to create jobs and reports from private sector industries say it did create job, it is reasonable to accept that the trend was started and propagated by the stimulus plan unless evidence can be shown otherwise.
atlant80 5 months ago
@atlant80 well, we don't know the R value, so we can't say how strong it is (actually, since there was only one stimulus, it probably can't even be a proper correlation either). Yes, the chart appears to say exactly what Cenk was, and I see no real reason to argue with it, but it isn't a mechanism. If you really want me to make a criticism, sure, I'd rather Cenk talk about why Bachmann is wrong, rather than just post charts, but that wasn't my point at all.
inimalist 5 months ago
@force3264 Republicans and Democrats had slaves back then. Your argument is further mooted because they were different parties back then. To many northerners, the civil war was about keeping the union intact, not slavery.
CarlosIsDown 5 months ago
Printing money does no good in the LONG TERM, this is like getting cancer and going on a long drinking binge, you feel great it's fun, but you are drinking instead of going through the proper treatment that could save you. The average fiat currency lasts 27 years, we've had a real fiat for 40 years, do the math. Gov't doesn't really create jobs, bureaucrats and politicians make more than the average private sector worker, and the laws they enforce also kill jobs.
ShatterNWO 5 months ago 12
@ShatterNWO Yea, we never needed interstate highways, roads, bridges, dams, hydroelectric power, schools
And we definately didn't need to power the south, fuck those guys!
Anyone who believes that the infrastructure that we laid down decades ago made commerce cheaper, helped speed up the movement of goods and services, educated kids and that that helped the economy is obviously a commie
Fucking austrian nutjobs
dffykvn 5 months ago
@dffykvn Hahah yeah totally! Reminds me of the Tea Partier on Social Security who drove on a public road to a rally at a public park with a sign that says "keep government hands off MY medicare"
sinistar99 5 months ago
@ShatterNWO I'm not sure I completely agree with everything you've said, but I like your analogy about printing money. I just might use it, in fact. Thanks.
pandarsson 5 months ago
@ShatterNWO But no Govt officials make anywhere near as much as the ceos and major shareholders who really benefit from deregulation. The laws they enforce PROTECT jobs when they actually enforce them. We tried corporate tax cuts and massive deregulation...and we're seeing how that worked out. Govt is why there is money are jobs and is property, contracts, roads to ship products, etc. and is our only recourse against the "heel of corporate power'.
sinistar99 5 months ago
@sinistar99 An economist eating at a banquet with other rich ****s sees a hundred unionized workers trying to split two loaves of soggy moldy bread
He goes to the hundred non unionized workers trying to split one loaf of soggy moldy bread and tells them that the hundred union workers stole their loaf of soggy moldy bread
Then goes back to the banquet where they're covering icecream with gold flakes (actual fucking dish, I shit you not!)
dffykvn 5 months ago
@ShatterNWO Glad you stated bureaucrats and politicians--cuz I know that as a private sector worker, I get a better paycheck than my government counterparts--I do(well I did)want their healthcare options. BTW, what actually makes a fiat currency only last for a certain amount of time, like 27 years? I mean, we've jumped on and off the gold standard for centuries, so, we've probably had a fiat currency for even longer than 40 years...
bigvirgotube 5 months ago
@ShatterNWO Actually, "printing money" does not change a lot of thing in long term. It's call the long run neutrality of money, and it have been proved many time over on empirical studies. And, sure, the average time of any system of money is usually short, because we don't live forever and we always trade what have the least value (which is something that change with time).
therrydicule 5 months ago
@ShatterNWO
The private sector isn't interested in America anymore. The can get cheaper labor and tax heaven overseas.
The private sector doesn't care about your or your country. Yet you continue to run after them crying offering better incentives.
Abolish capitalism. Abolish government.
okayplayer82 5 months ago
@ShatterNWO WRONG DUMBFUCK. When the government makes workers, the government also creates SPENDERS. SPENDERS stimulate the economy by pouring money into the private sector mainly. This in turn fuels business and allows them to hire more workers. Government Jobs DIRECTLY make Private Sector Jobs. What a DUMBFUCK you are for saying such an ignorant thing. The 2008 Stimulus was PROOF of this, as it lowered unemployment by 1.5-2.5% depending on the state and stopped freefall loss of 100,000 Jobs/PM
electronicoffee 5 months ago
@electronicoffee Good luck trying logic, facts, and reality. I live with 3 republicans, and I've tried that tactic for a long time. I can tell you with confidence it hasn't worked at ALL.
TadaHanJan 5 months ago 48
@TadaHanJan 3 Republicans? Dawkins help you. lol
Ou8y2k2 5 months ago
@Ou8y2k2 Did I mention all 3 are christian fundamentalist/financial conservative/libertarian republicans who genuinely think Obama 1. Is not a US citizen 2. wants muslim rule in the US 3. will destroy the economy 4. will destroy health care? Oh, and they all have jobs that would directly be negatively effected by decreases in the national defense budget or health care reform.
TadaHanJan 5 months ago
@TadaHanJan "It's hard to get a man to understand something if his paycheck depends upon him not understanding it." - Upton Sinclair
Ou8y2k2 5 months ago
@TadaHanJan I feel bad for you, living with 3 Republicans.
SandBarAndYou 5 months ago in playlist September 9
@TadaHanJan you need a brick or three
MrGOTAMA420 4 months ago
@ShatterNWO - "Gov't doesn't really create jobs"
So teachers, firefighters, police, doctors, workers at public utility companies, soldiers, etc. aren't really employed? They aren't "real" jobs? NASA, the DoD, etc. have created plenty of jobs. At its height NASA directly employed or indirectly employed (contracted companies to work for them) 400,000 people. Not to mention how many companies have spawned to commercialize technology from the space program, like half the stuff in the hospital.
A86 5 months ago
@ShatterNWO - "Gov't doesn't really create jobs"
So teachers, firefighters, police, doctors, workers at public utility companies, soldiers, etc. aren't really employed? They aren't "real" jobs? NASA, the DoD, etc. have created plenty of jobs. At its height NASA directly employed or indirectly employed (contracted companies to work for them) 400,000 people. Not to mention how many companies have spawned to commercialize technology from the space program, like half the stuff in the hospital.
A86 5 months ago
This has been flagged as spam show
@ShatterNWO - So teachers, firefighters, police, doctors, workers at public utility companies, soldiers, etc. aren't really employed? They aren't "real" jobs? NASA, the DoD, etc. have created plenty of jobs. At its height NASA directly employed or indirectly employed (contracted companies to work for them) 400,000 people. Not to mention how many companies have spawned to commercialize technology from the space program; like half the stuff in the hospital.
A86 5 months ago
@ShatterNWO
Exactly lol, the stimulus was just to add extra liquidity into the markets because the people at the top shit the bed. But all that extra liquidity just ended back up at the top and they are probably just hoarding the fiat instead of applying the new funds to create jobs within the US.
TheNewSchoolGamer 5 months ago
@TheNewSchoolGamer We both agree on the problem, just disagree on the solution. I just believe we shouldn't have bailed them out, let the markets corrected things in about 2 years and things would be a lot better. But we may have already gone past the point of no return, at best we could be like Japan, with a 20 year recession.
ShatterNWO 5 months ago
Here's a video on why this chart is misleading: watch?v=GjJPivGcDj8
Also: businessinsider[dot]com/henry-blodget-the-scariest-jobs-chart-ever-2009-10
AnCapFreeMarket 5 months ago
Keynesian bullshit...The broken window fallacy, and a misleading graph. I don't like Bachmann, but she is correct in saying government spending won't help the economy.
AnCapFreeMarket 5 months ago
@AnCapFreeMarket Uh huh
It's not like government spending on tenessee power brought power to the region improving the quality of their lives, created a foundation for modern cities and allowed them engage in more modern commerce
Ps, the private sector wrote off the entire fucking rural south
Anyone who believes that stuff just doesn't suck enough discredited austrian cock
dffykvn 5 months ago
HOW COME "ALL JOBS" CAN BE LESS THAN "PRIVATE SECTOR JOBS"?
cikcikosman 5 months ago
the last Stimulus did work, it saved the marsh mouse that lived in a pond near San Francisco, the one that Nancy pelosi was so fond of! hahaha gd progressives really break me up, hahaha
genie0390 5 months ago
This has been flagged as spam show
I don't know about this... is it really lying if you just don't know that you are preachin bullshit
Guitarvirtuoso666 5 months ago