I'm not talking about the stress tests.

Edit: and I'm waiting for the personal credit card crash yet to come, and a friend reminded me of the pending commercial real estate crash

Commercial is so incredibly screwed...trust me on this. People that are going long on financials right now need to seriously have their heads examined.

On the subject of stress tests, they needed to be done with some REAL stress. Stress like 15% unemployment.

Do people ever wonder if the FED could pass a stress test with 15% unemployment?

That's scary. Thanks! :eek: :D

that was good.

it's an unending cycle with no circuit breaker. i hadn't completely understood that. makes sense.

i'm less doctrinaire now.

i still have a huge problem with believing a profit/loss statement where the cfo has wiggle room deciding what the assets are worth but i can see why people smarter than i am might see this was needed.

[quote=Riot]OMG put some facts there and once you do compare where we are now in DEBT and multiply by 8. Giving you the benefit of the doubt because this is only a 1/4 of a year with healthcare for all screw the dr.s (human) unless pet care is in the budget.

you seriously cant blame partisan politics on the GOP... ever heard of Nancy Pelosi?? the GOP is bad but the Dems are JUST as bad. Just because Obama talks about bipartisanship... doesnt mean the other guys and gals in his party go along with it.

When the GOP does come up with an alternate plan the response they hear is "well, we won"

no doubt the democratic party is far from perfect. I think what riot was saying was just in regards to what the Republican party needs to do going forward.

Right now, an objective moderate has no idea what the republican vision is for this country. The average american knows the following republicans: Bush, Cheney, Rush, Palin. The ones that actually watch a little TV know hannity and Oreilly. Beyond that?

What do we associate with the republican party? Guns? No abortion? Obama sucks? Security?

What about the things that people want to hear? Small government, low taxes. Deficit reduction. Spending control. This is the classic conservatism we havent seen in over thirty years.

I completely agree Dala. (dont get used to this) Posted something very similar to this in that other big thread. The only voices you hear from the Repub camp are the extreme right voices. The hateful voices. The "Obama is a Muslim, Sotomayer is a racist, gays and lesbians are going to ruin the moral structure of America" voices.

I wish a nice, sane, moderate would step up to the plate. (I thought that guy was McCain, but adding Palin to the mix messed things up - that and having to follow the Bush disaster)

We were talking about what it would take to get the GOP back in play as a political party, not who has the worse partisanship. I said to get back in play, the GOP would have to drop their current partisanship nonsense, and start being excecutives in charge of running our country.

Virtually their only contribution has been, "Don't do that, it won't work". Shoot, Mitch McConnell and Mit Romney on the TV political shows yesterday morning? What a waste. Did they they offer anything up but criticism and whining? No, they didn't.

If the GOP came up with a well-publicized financial alternative plan, I missed it while actively looking for it. If the GOP has an alternative health care reform plan, I missed it's rollout.

Mostly the GOP has spent the past couple of weeks, around the Cairo speech, busy accusing Obama of "apologizing", and bringing up birth certificates and Muslims. Sigh ....

Seriously - Get over it, GOP, you lost the Presidency and the last two election cycles - hint, hint - those of you who are left need to start getting involved in what we elected you do to, which is fix the mess you helped get us into (probably why they have not been able to offer any really good alternative solutions ... )

As I've said, not a fan of Pelosi, and the Dem Congress doesn't get a free pass, especially regarding partisanship. The legislative branch isn't the executive branch. Obama has plenty of GOP in his administration. He's reached across the aisle far more than many.

Seriously if you accuse the GOP of partisan politics why cant the same accusation be made about the Democrats who if anything have been shown to be even more partisan than the GOP?

[quote=dellinger63]Dell, It's well known that when Clinton left office, we had a budget surplus. Bush reversed that. The GOP is not known as being the party of fiscal conservation. Reagan wasn't either, btw. He was a pretty spendy guy.

Here's a few that all have the figures, and all you have to do is google budget bush to get thousands of hits. It's not a secret <vbg>

http://www.cnn.com/2008/POLITICS/07/...cit/index.html

http://www.msnbc.msn.com/id/27188415/
2008 Budget deficit surges to all-time high

http://www.cbsnews.com/stories/2008/...r=HOME_3822385

2008 Budget deficit doubles 2007
http://uspolitics.about.com/b/2008/0...ouble-2007.htm

Exactly. You know what the e-mails from the local GOP to me say? Basically, "We're going to hell in a handbasket because Obama is President".

You know what the e-mails from the Obama campaign says? "Here's a link to our health-care proposal".

Sure it can be made. Go ahead.

Perhaps you dont understand that as the opposition party that is out of power it is virtually impossible for the GOP to be anything BUT partisan. In case you hadn't noticed that they arent the "executives in charge" anymore. There have been plenty of alternate plans for just about everything proposed but they get virtually no coverage or are dismissed out of hand by the Democrats. Only a few years ago people were saying the same thing about the Democrats. The policys arent the things that the politicians are judged on. It is the failed policies. And the GOP is playing politics like it is played now. That is knock the other guys idea and take credit when/if it fails. Since the vast majority of politicians on both sides are so tied up in self and special interests most of what they do propose and implement fails which leads to "change". If the country falls into a deeper recession or depression the GOP will jump right back into power simply because our country as a society loves to place blame. Obama and his minions (Pelosi/ Reid, etc) are still riding the wave of it was Bushs fault everything sucks. But in a few years when Bush has faded from the publics consciousness, it will be the Democrats who will have to face the firing squad. If the economy stabilizes and starts to grow again and people dont feel like they are being taxed at draconian rates they will remain in power. Obama may be a phony but he isnt stupid. There is a reason why he allowed this recession to worsen with his "non-stimlus" bill and plan to push the vast majority of govt aid money into 2010 and beyond. To stay in power. period. Like every other politician.

Ok. Virtually everything that Congress has done this year. Pretty easy.

And 2 years ago these roles weren't reversed?

[quote=Riot]Yet when Obama makes Bush seem like a pennypincher it is ok?

btw Dala would love your objective sources, CNN, MSNBC,CBS,...what DailyKos didnt have a link?

I hope the GOP whines even ever more loudly, that'll fix things for them.

Yes, the "plenty of alternate plans":

Plan A) Obama sucks!
Plan B) Don't do that!

Plan C) Keep "hoping" that I am not right...

[quote=Cannon Shell]LOL - The numbers are the numbers. Are you saying the numbers are false?

You can do the same google I did and get the congressional budget office, and various watchdog organizations, but the numbers are the same. Not a secret.