It now seems obvious to the GOP that the old fear word, liberalism, is loosing its effect on the American people. So they need a new fear word to keep Americans afraid of Democrats or anything non Republican. What is the new word, socialism.

So now we can expect every word out of a Republican to be socialist this and socialist that.

http://www.politico.com/news/stories/0409/21638.html

What the GOP fails to understand is fear tactics are not working because the GOP has lost credibility. Show me on thing the GOP says it has been for that it has delivered. I cannot think of even one.

So my suggestion to the GOP is that they need to work on the issue of credibility....not new words to replace old ones. They do not need new ideas they need to demonstrate they are committed to the well being of the country...not special interests. They need to show some integrity....not corruption.

Yes, who is fear mongering?

Jonah Goldberg:
Obama's fear-mongering
The president and his aides say they don't want to waste a crisis. That's a cynical way to exploit a national emergency.

I ask because I'm trying to come to terms with Rule No. 1 of the Obama administration.

"Rule 1: Never allow a crisis to go to waste," White House Chief of Staff Rahm Emanuel told the New York Times right after the election. "They are opportunities to do big things." Over the weekend, Secretary of State Hillary Rodham Clinton told members of the European Parliament, "Never waste a good crisis." Then President Obama explained in his Saturday radio and Internet address that there is "great opportunity in the midst of" the "great crisis" befalling America.

By Pete Harrison

BRUSSELS (Reuters) - Secretary of State Hillary Clinton told an audience Friday "never waste a good crisis," and highlighted the opportunity of rebuilding economies in a greener, less energy-intensive way.

Never Let a Good Crisis Go To Waste

“You don’t ever want a crisis to go to waste; it’s an opportunity to do important things that you would otherwise avoid.”

— Rahm Emanuel

Yes, who is fear mongering?

Jonah Goldberg:
Obama's fear-mongering
The president and his aides say they don't want to waste a crisis. That's a cynical way to exploit a national emergency.

I ask because I'm trying to come to terms with Rule No. 1 of the Obama administration.

"Rule 1: Never allow a crisis to go to waste," White House Chief of Staff Rahm Emanuel told the New York Times right after the election. "They are opportunities to do big things." Over the weekend, Secretary of State Hillary Rodham Clinton told members of the European Parliament, "Never waste a good crisis." Then President Obama explained in his Saturday radio and Internet address that there is "great opportunity in the midst of" the "great crisis" befalling America.

By Pete Harrison

BRUSSELS (Reuters) - Secretary of State Hillary Clinton told an audience Friday "never waste a good crisis," and highlighted the opportunity of rebuilding economies in a greener, less energy-intensive way.

Never Let a Good Crisis Go To Waste

“You don’t ever want a crisis to go to waste; it’s an opportunity to do important things that you would otherwise avoid.”

— Rahm Emanuel

There is a difference Buffalo Roam, the Democrats did not create the crisis you referenced. They used the crisis to drive solutions to the crisis. The Republicans are driving fear not to solve a problem of social interest or value but to get reelected. I am not suprised you do not see the difference here. We are talking apples to oranges...maybe even horses.

There is a difference Buffalo Roam, the Democrats did not create the crisis you referenced. They used the crisis to drive solutions to the crisis. The Republicans are driving fear not to solve a problem of social interest or value but to get reelected. I am not suprised you do not see the difference here. We are talking apples to oranges...maybe even horses.

They are creating them now, Chrysler, GM, The Banking Industry, and what is going to happen now that the Obams administration is printing half of every dollar it is spending,

Also what is going to happen to all of those stimulus projects when the Federal Money runs out?

What kind of crisis is going to happen when the states have to pick up all of those cost in two years?

Last night I was talking to Rep, Representative. Jerry Petrowski, and the information he provided was that this is all two year programs, with federal money ending in 2011, and the State having to pick up all of the cost after that, we are already broke now, and the stimulus is for new projects, raising the cost of state government because these project will now have to continued top be paid for, in completion cost, continuing cost, and maintaince cost.


CBO: 2009 deficit 50% greater than expected - Barack Obama, White ...
Mar 25, 2009 ... CBO: 2009 deficit 50% greater than expected - Jake Tapper notes that the Congressional Budget Office has some revised numbers on the budget ...
http://beltwayblips.dailyradar.com/story/cbo_2009_deficit_50_greater_than_e
xpected/ - 44k

Well first it is not printing half of every dollar spent. The Obama administration is borrowing about forty cents on the dollar in its budget. Two the problems with the auto industry like the banking industry did not arise with the election of Obama. Obama's solution to those problems has been pretty text book up to now.

The stimulus money is just that stimulus. It is meant not as a permanent solution but to be a bridge to get the economy working again. Hopefully in two years state and local governments will not be in the crisis they are in today. If stimulus works, they should be on their feet and able to take care of themselves by that time. Unemployment should not be the issue that it is today. The drain on state resources and tax revenue declines should have ceased by that time. So if it works, there will be no need to continue the funding. Obama's responses thus far have all been classic text book responses to type of crisis we now face.

In two years time we should be looking a driving down federal spending and getting budget and debt in line. That is why healthcare reform has been and remains so critical. The largest part of federal spending is entitlements...that means healthcare. It is also a burden carried by our engines of wealth...corporations. It is one of the largest taxes on our global ability to compete...see GM, Chrysler, etc. They can tell you first hand about these burdens.

Since government seems unable to keep the crooks out of our pockets...that means the government must step in and set up some healthcare delivery structures that drive down costs. One of my big issues with the Republican Party solutions to the healhcare crisis to date is that none of them address the core issue of cost. They throw tax cuts at the issue, and that is like throwing gasoline on fire.

We need a more efficient healthcare system that delivers better quality and at a lower cost. Other industrial countries have managed to deal with the issue, we thus far have not. Our healthcare costs are staggering, and there is no excuse for it. Special interests have used government to control markets and prevent competition and now we must reap what has been sown. It is the only way. We cannot expect any tax cut magic to solve the healthcare problem.

Well first it is not printing half of every dollar spent. The Obama administration is borrowing about forty cents on the dollar in its budget. Two the problems with the auto industry like the banking industry did not arise with the election of Obama. Obama's solution to those problems has been pretty text box up to now.

The stimulus money is just that stimulus. It is meant not as a permanent solution but to be a bridge to get the economy working again. Hopefully in two years state and local governments will not be in the crisis they are in today. If stimulus works, they should be on their feet and able to take care of themselves by that time. Unemployment should not be the issue that it is today. The drain on state resources and tax revenue declines should have ceased by that time. So if it works, there will be no need to continue the funding. This again is all text book responses to type of crisis we now face.

In two years time we should be looking a driving down federal spending and getting budget and debt in line. That is why healthcare reform has been and remains so critical. The largest part of federal spending is entitlements...that means healthcare.

Since government seems unable to keep the crooks out of our pockets...that means the government must step in and set up some healthcare delivery structures that drive down costs. One of my big issues with the Republican Party solutions to the healhcare crisis to date is that none of them address the issue of cost. They throw tax cuts at the issue, and that is like throwing gasoline on fire.

We need a more efficient healthcare system that delivers better quality and at a lower cost. Other industrial countries have managed to deal with the issue, we thus far have not. Our healthcare costs are staggering, and there is no excuse for it. Special interests have used government to control markets and prevent competition and now we must reap what has been sown. It is the only way. We cannot expect any tax cut magic to solve the healthcare problem.

Really?

US to borrow 46 cents for every dollar spent
WASHINGTON – The government will have to borrow nearly 50 cents for every dollar it spends this year, exploding the record federal deficit past $1.8 ...
http://news.yahoo.com/s/ap/20090511/ap_on_go_pr_wh/us_obama_budget - 96k


Now exactly were is that money coming from? Gold Reserves? Silver Stocks? or the Fed's printing press? and Government issued bonds?

That is what it is called a deficit, we don't have the money.

Really?

US to borrow 46 cents for every dollar spent
WASHINGTON – The government will have to borrow nearly 50 cents for every dollar it spends this year, exploding the record federal deficit past $1.8 ...
http://news.yahoo.com/s/ap/20090511/ap_on_go_pr_wh/us_obama_budget - 96k


Now exactly were is that money coming from? Gold Reserves? Silver Stocks? or the Fed's printing press? and Government issued bonds?

That is what it is called a deficit, we don't have the money.

I said borrowing Buffalo Roam. That means the Treasury issues debt notes. That means investors buy them at auction. Investors fund the national debt.

That does not mean they sell gold reserves or silver stocks, or the printing press.

I said borrowing Buffalo Roam. That means the Treasury issues debt notes. That means investors buy them at auction. Investors fund the national debt.

That does not mean they sell gold reserves or silver stocks, or the printing press.

And who is buying those debt note? The Federal Reserves, and how do they pay for them? They print the money.


Fed to Pump $1.2 Trillion Into Markets - washingtonpost.com
Statement From the Federal Reserve. The decision by the Fed to buy government bonds and mortgage-related securities is designed to lower borrowing costs for ...
http://www.washingtonpost.com/wp-dyn/content/article/2009/03/18/AR200903180
2283.html -

And who is buying those debt note? The Federal Reserves, and how do they pay for them? They print the money.

No Buffalo Roam they generally do not. American citizens buy them. Foriegn governments buy them with their excess trade dollars (China, Saudi Arabia, Kuwait, etc). These investments are seen as very sound. Globally there has been and continues to be a view that The United States is a good place to invest....so the investment continues.

Federal Reserve intervention in the Treasury market has more to do with the money supply and interest rate positions of the Federal Reserve. If the Federal Reserve wants to expand the money supply they buy assets. If they want to rein in the money supply the sell assets. Now the Federal Reserve is expanding their balance sheet and buying assets. Because that is what is required of them to keep the economy going. But there will come a time when they will reverse course and sell assets.

The modern financial system is much more complex than you or most people think it is Buffalo Roam. It does not lend itself to short easy answers and that is where a number of folks especially on the right get led astray by demagoges. The money supply is not static. I can be increased. And it can be decreased by action of the Federal Reserve.

No Buffalo Roam they generally do not. American citizens buy them. Foriegn governments buy them with their excess trade dollars (China, Saudi Arabia, Kuwait, etc). These investments are seen as very sound. Globally there has been and continues to be a view that The United States is a good place to invest....so the investment continues.

Federal Reserve intervention in the Treasury market has more to do with the money supply and interest rate positions of the Federal Reserve. If the Federal Reserve wants to expand the money supply they buy assets. If they want to rein in the money supply the sell assets. Now the Federal Reserve is expanding their balance sheet and buying assets. Because that is what is required of them to keep the economy going. But there will come a time when they will reverse course and sell assets.

The modern financial system is much more complex than you or most people think it is Buffalo Roam. It does not lend itself to short easy answers and that is where a number of folks especially on the right get led astray by demagoges. The money supply is not static. I can be increased. And it can be decreased by action of the Federal Reserve.


Fed to Pump $1.2 Trillion Into Markets - washingtonpost.com
Statement From the Federal Reserve. The decision by the Fed to buy government bonds and mortgage-related securities is designed to lower borrowing costs for ...
http://www.washingtonpost.com/wp-dyn...18/AR200903180
2283.html -

$1.2 Trillion

Fed to Pump $1.2 Trillion Into Markets - washingtonpost.com
Statement From the Federal Reserve. The decision by the Fed to buy government bonds and mortgage-related securities is designed to lower borrowing costs for ...
http://www.washingtonpost.com/wp-dyn...18/AR200903180
2283.html -

$1.2 Trillion

That is what I said Buffalo. The Federal Reserve is pumping money into the economy by buying assets. And that is the classic text book response to the crisis we now face. That is what the Fed should be doing now. The bailout money was all Federal Reserve Notes being pumped into the sytem. And as I said, they can put the money into the economy and they can take it out as well.

But I think you are confusing monetary and fiscal policies.

On wasting a good crisis:


Jane is at work one day and trips on a loose section of the office carpet. She falls against a desk injuring her ribs and missing over a week at work.


• Wasting a crisis: Jane's medical bills are paid, which the company's insurance is required to do.

• Not wasting a crisis: Jane's medical bills are paid, which the company's insurance is required to do. Additionally, a contractor comes in and fixes that section of carpet. The company even pays the contractor to survey the rest of the carpet and make sure there are no other problems. They would prefer their workers not get hurt, to not have their insurance premiums go up because of repeated accidents, and not suffer the lost labor hours.

• What the Republicans want: Leave Jane lying there on the floor. Her body will heal naturally. Why interfere with nature? And besides, when someone else—say ... Bill—trips over Jane, the company can fire her for creating dangerous workplace conditions.