<_< -----I won't call him a "Lackey" over $2,100. But just tying his name to Giulianis raises a red flag in my book!--
I'm a firm believer of term limits, one term in office and one term in prison.And, anyone is surprised by this, because?
(Now, all you little right wingnuts, don't start wasting bandwidth coming up with examples of Democratic candidates in hock to big money. I agree with Mark Twain who said over a hundred years ago, "Suppose you had a politician. Now, suppose he was a crook. Ah, but I repeat myself." )
One thing about Icahn -- he might be an ass, but he's a shrewd business owner and knows damn well that if the economy sucks, he loses money, and letting Billary back into the White House stands to be a huge step backward for the economy.
One thing about Icahn -- he might be an ass, but he's a shrewd business owner and knows damn well that if the economy sucks, he loses money, and letting Billary back into the White House stands to be a huge step backward for the economy.
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Just curious FM, did Mrs. Clinton EVER "DO" anything to YOU, to force you to resort to calling her "Billery"
Inquiring minds would like to know !!
NH/BB's
Now Now, NH/BB's:
Everyone is fair game. She has received a free ride from the media since she became NY Senator. Now she will undergo the "background" check where everything she has said and done for her whole life will be brought to light. This is part of the game of negative campaigning. It sucks, but it is a fact of the political process in this country. The same goes for Barack Obama. He threw his hat into the ring, and now his life becomes an open book.
As for the Billery comment. Do you think she would be on the political stage had it not been for Bill?
Did Bill not immediately appoint Hillary to "overhaul" the medical problems when he was first elected.
Like it or not, you elect someone, you can be damn sure the spouse has a lot to say about things during "pillow talk."
Well now, let's think about that--consider that at the end of the Clinton administration, business was booming and we had a huge surplus in the Federal government.
In the United States, real GDP is now expected to increase by only some 1¾ per cent in 2001, a very abrupt deceleration from an average growth rate of 5 per cent in 1999. In Japan, economic growth is expected to only slightly exceed 1 per cent in 2001, and even that is uncertain given disagreements over economic policy and delays in introducing another economic emergency programme.
Slow down in the United States
In the United States, the long economic expansion, which, if maintained in the first quarter of 2001 will have lasted for 10 years, was expected to slow down in 2001 against the background of tighter monetary policy and the real income effects of higher energy prices. In fact, a slowdown was seen as highly desirable, given that actual output had grown at a rate significantly above potential for quite some time with increasing risks of overheating and a hard landing. There were, moreover, mounting concerns about the huge imbalances which had accumulated over the past five years as the result of an unsustainable investment and consumption boom. These were reflected in a decline of personal savings to a very low level (in fact, they turned negative in 2000), increases in corporate and personal debt to very high levels, a huge current account deficit and, last but not least, a stock market bubble, notably, but not only, in the market for high-technology shares.
The orderly unwinding of these imbalances is the central assumption of the "soft landing" scenarios, which assume a gradual slowing down in economic expansion to a rate somewhat below potential. This in turn would spread the inevitable adjustment costs to be borne by the rest of the world over a reasonable period of time. In the event, however, there was an unanticipated abrupt cyclical downswing in the United States economy after the second quarter of 2000, a development which serves as a sharp reminder of the inherent difficulties of forecasting cyclical turning points. The investment boom in information technology equipment, a major force behind the long expansion, petered out in the face of growing excess capacity in the manufacturing sector. To this was added a sharp fall in the demand for consumer durables and for exports in the last quarter of 2000, which led to a build-up of excess inventories and a weakening of industrial activity. The reaction of the United States monetary authorities to the deteriorating economic conditions was very swift. The target for the federal funds rate was lowered in three steps by 1.5 percentage points between January and March of 2001. Against this background and the decline in actual and expected business profits, there has been a sharp decline in equity prices for a broad range of stocks in the first quarter of 2001, with adverse consequence for households’ net wealth and the debt-equity ratios of the corporate sector.
On Shrub's watch, many are out of work and the Federal government has debts that your great-grandchildren will be paying off. In addition, we as a people and a nation are hated more than we have ever been in our entire history. And, this is good for business exactly how?
Icahn wants what every billionaire wants--for the rest of us to pay higher taxes so he can pay less.
I'll grant you that business boomed during the eight years that Clinton occupied the White House. No doubt about that. But "huge" surplus? For fiscal 2000, the surplus was $236 billion and for fiscal 2001, it was $128 billion.
http://www.cbo.gov/budget/historical.pdf (page 2)
Huge? Well, many moons ago, my leftist anti-war economic professors taught me that deficits were typically expansionary and that surpluses were generally contractionary. And what happened to GDP growth in late 2000 and early 2001? That's right: very slow growth. From May, 2001:
http://www.unece.org/press/pr2001/01gen05e.htm
That darned President. Why'd he go and throw all those people out of work?
I suppose President Bush teamed up with OBL to engineer the terrorist attacks that devastated the travel industry in September, 2001, right?
You fault the President for all that's bad - that's fine with me.
Ok, I'll really get the ball rolling! OBAMA in '08!!!!