David Weigel | January 21, 2008
If you watched it, comment here.
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The one thing that stuck out to me was John Edwards saying with
a kind of astonishment that George Bush wanted people to have a
choice with Social Security. Now, I dislike Bush as much as the
next guy, but for John Edwards to dismiss the idea of choice on how
we manage SS as an absurdity, is disturbing. After all, SS is the
largest and most expensive program in the country. After the baby
boomers die off, nobody will receive any SS benefits, yet we'll all
have to pay tens, even hundreds of thousands of dollars throughout
our lifetimes.
Authoritarians, all of them. At least Obama doesn't want to fine us
for not having healthcare, unlike Clinton, Edwards and Romney.
Obama won and if I had to have a democrat I wouldn't hate the world as much with him as I would with the other two.
At one point, former North Carolina Senator John Edwards,
54, interjected: ``There is a third person in this
debate.'
Above quote from bloomberg
Nikkei down over 600
poised to break 12700
Tomorrows US markets should be interesting
"At least Obama doesn't want to publicly announce right now
his intention to fine us for not having healthcare, unlike
Clinton, Edwards and Romney."
Fixed. You do recall a certain president who ran on a humble,
non-nation-building foreign policy, yeah? I'll believe that a
Democratic presidential candidate doesn't want to inflict
socialized medicine on us AFTER he's elected and vetoed the
Democratic majority's bill to do so.
Fixed. You do recall a certain president who ran on a
humble, non-nation-building foreign policy, yeah? I'll believe that
a Democratic presidential candidate doesn't want to inflict
socialized medicine on us AFTER he's elected and vetoed the
Democratic majority's bill to do so.
Noted. But keep in mind that in order for his socialized medicine
to pass on a national level, I highly doubt Congress would be able
to pass a Clinton-Edwards-Romney-style healthcare system.
While all of these social programs are authoritarian, Obama is
playing more towards the populist side of things, while Clinton and
Edwards are just flat out telling everyone what to do, and
punishing them if they don't do it. Then again, the difference is
like choosing to cut your left or right hand off. It's a pretty
awful choice.
Yeah. Have you seen the DOW futures contract?
I predict Dow closes below 11k tomorrow.
Black Tuesday with no "emergency" Fed cut.
Nikkei almost 700 down right now.
I didn't watch the Dem debate but the news accounts of Bill Clinton
and Mike Huckabee at Ebenezer Baptist today are amusing.
The minimum wage should be whatever John Edwards gets on average as an ambulance chaser. Gardeners should get twice that.
The minimum wage should be whatever John Edwards gets on
average as an ambulance chaser. Gardeners should get twice
that.
That would be inflationary. I'm rooting for deflation right
now.
REASON doesn't offer much in the way of markets/finance
coverage(despite the Austrian economics angles). Between beltway
rents and cocaine that does't leave a lot to invest.
Yes, I rather wish there was a market thread for the night.
Watching the world markets fall %5 is a pretty big deal - luckily
our horror is denied until tomorrow because of the King
holiday.
Tomorrow is going to be a bad day...
I commented on one aspect of the "debate" here.
If Ron Paul supporters want to help him get a higher percentage,
take the advice at the end of that post; the questions don't have
to be about immigration, although that's the best choice because
it's the topic that the candidates, the MSM, and even certain
"libertarian" magazines are afraid of discussing in a grown-up
fashion.
Reason really should get Mark Skousen or Peter Schiff to cover the market for them
Tomorrow is going to be a bad day...
A bad day for reckless investors is good a day for careful ones.
Real wealth doesn't change quickly.
jkii,
No, it does not - but it will be the fruition of a long term
depreciation in the US market. Panic still hurts for a while.
For the last couple weeks I've keep forgetting to deposit money into the brokerage account I was going to open, and I just keep feeling smarter. Nice.
I'm watching a repeat of the debate now. Did Hillary really just throw in Black Congressional Caucus on MLK Day?
Why the hell is there a 'Huckabee in 2008' Google ad in the
right column?
If we've already been pissed off at this, then sorry for reigniting
the obvious sentiment.
"I'm rooting for deflation right now."
The last time we had a serious amount of deflation in this country,
a lot of people's savings were destroyed when the banks
failed.
-jcr
Dow? Nikkei?
Since when do reason readers invest in non-Gold assets?
Since when do reason readers invest in non-Gold assets?
Years ago for this one but after the beating the market is
providing me, I'm turning a new gold leaf.
I'd consider voting for Romney what with his no interest,
dividends or cap gains tax for people under $200,000 plan.
Then again, he might change his mind on that come November.
Just when I start to think technical analysis is crankery, a big head and shoulders predicts a huse loss and all is right in my world.
Since when do reason readers invest in non-Gold
assets?
About the time I noticed that the element gold didn't have a
mystical position in the periodic table. Gold is an excellent
conductor of electricity, but the semi-conductors in a child's pale
full of sand have more value in the digital age than all of the
gold in the world.
I found Obama to be mildly tolerable, but after winning Iowa
until losing NH, he publicly got more full of himself than anyone I
have ever seen in American politics (reminded me of Oprah to be
honest. Worse really).
I'm scared that that might be what a President Obama looks
like.
jkii,
That seemed really smart and I'm now really pissed that I spent
most of Honors Chemistry (HS level-I'm not claiming above par brain
activity) trying to figure out ways to get Dr. Roberts to teach my
subversive group how to make MDMA.
Juko,
I'm well into my husband's bottle of scotch, but here's what I
think of Obama. (from another thread of course, booze makes me
lazy...)
A (wee) bit off topic: After watching some of the D Party debate tonight, I'm terrified of Obama. I disagree with him on nearly everything and yet, he's so damn likable. In an election of him v. any R candidate, including Ron Paul, I think he'll win. (Of course, judging from the BS race questions in the debate, this country* isn't capable of imagining a president of color.
*Poster excluded. Poster has slept with people of color, married people of color, socializes with people of color, daughter dates a person of color and whatever anti-racism anecdote is needed these days for white, supporting Ron Paul for R Party nom., but still libertarian women.
It dawns on me that I should've quit drinking months ago.
That seemed really smart and I'm now really pissed that I
spent most of Honors Chemistry (HS level-I'm not claiming above par
brain activity) trying to figure out ways to get Dr. Roberts to
teach my subversive group how to make MDMA.
I didn't mean it that way, miche. It takes a lot of know-how and
hard work to turn sand into a transistor. I was just being snarky
about the gold standard and the general idea of value and wealth
being arbitrarily attached to an element in the periodic table.
ATTN VOTERS
Here's the numbers so far of votes cast for Republicans:
Romney 31.55% (530,758)
McCain 30.34% (510,421)
Huckabee 20.20% (339,832)
Thompson 7.27% (122,343)
Paul 6.32% (106,414)
Giuliani 3.94% ( 66,220)
Undecided 1.08% ( 18,106)
Hunter 0.39% ( 6,492)
*These totals do not consider the entirely undecipherable results
from Wyoming (the state that gave us Dick Cheney)
Consider this: Nevada total turnout (Dem & Rep) was 5.26%
(54,884 of 1,043,555 registered voters) vis-a-vis New Hampshire's
60.82% turnout (517,485 of 850,836 registered voters).
For a take on the total apathy of the average voter, consider that
the top Republican (so far) Brother Romney has 4.62% of the total
registered voters so far (530,758 of 13,888,845 registered voters)
*Not counting Wyoming!
Ergo, Decision 2008: Big Douche or Turd Sandwich.
Vote or die, MF
I was just being snarky about the gold standard and the
general idea of value and wealth being arbitrarily attached to an
element in the periodic table.
It is not really arbitrary. I mean, people didn't wake up one day
in, say, 1972 and say, "hey, let's decide the element gold is worth
a lot of money!" No one was throwing darts at the periodic table to
determine certain elements would be more valuable than others.
Sorry, obviously, I didn't see it. But the Dems should be damned
on their lack of transparency. I couldn't calculate their turnout
or totals thanks to Iowa, Michigan (biggest state, so far) and,
okay SC hasn't happened yet.
But I wonder why Nevada (Red State) & SC ('nother Red State)
are a big deal whereas Michigan (a potential swing state)
isn't.
Democracy seems to be a pretty piss-poor export. No wonder our
deficit is so large.
I think Obama had several slam dunks in this debate - just
another advance on the road to locking up the black vote.
Tomorrow the dow loses at least 800 points ... perhaps as many as
1500. I see losses for the week totaling 2500+ ...
The news is not that Obama "worked for a slum landlord" (a
Clinton distortion of the truth which is that Obama worked for a
church that had partnered with this person on a housing project and
he spent 5 hours on a legal case) but that Hillary lied
deliberately on national TV. As Obama properly replied, Americans
want to know they can trust their leaders to tell the truth,
Character is still an important issue for the electorate.
For Candy Crowley and CNN to repeat the Clinton lie as was done in
analysis after the debate without including his explanation of the
truth is a reprehensible effort on their part to aid Clinton in
spreading a lie. This CNN effort continues on their website
today.
So, federalism is dead? Thank Jesus (and the chick, Dorcas?, who climbed the sycamore tree?) that the Federal (electoral) system is still in place. Candidates need fans (even those in sycamores) to win. Jesus won. We're asking for more. In spite of Jesus, let us win. Let us win for nunya-biness. Let us win for less taxes. Let us win for where tax-decrease will come from (outta-Iraq).
What's NOT to love about Obama (other than his politics and only
because we all wish he could be ours.) A pox on racial politics,
he's white enough for me and more truly African.
Hopefully he belongs to Oprah's Book Club and read 'The Good Earth'
by PS Buck (I know, obscure, author!), but anyway, go team
Obama.
My healthcare plan will cover everybody and everyone's imaginary
friend. The plan will then pay everyone to participate. Plus I'll
give a teddy bear to all the girls and lollipops to all the
boys.
crowd: applause.
Candidates 1-3: I never said I wouldn't give everyone a teddy bear,
you are distorting my position, teddy bears and lollipops for
everyone is what I said in years past unlike your 'teddy bears only
for girls' and 'lollipops only for boys' plan. And yes, my plan
pays you too.
Just gave s'more $$ to Paul to keep'm alive. I don't have kids,
so there's no incentive despite 11 nieces 'n' nephews (OK,
hypocritical because I understand evolution & global warming)
but anyway, I figure I've got 40+ more yrs. on the planet.
I'll always vote despite leaving nearly all categories blank
(judges? what's up with that.) I'll vote just to tell Shirley
Jackson-Lee that she sucks. Does your Congressperson suck like mine
does? Probably, you'd be surprised. Check out their record.
Have a great many posters here been watching too much of ABC's
World News Tonight?
I've been watching their economic reporting over the past six
months and its been pretty consistent, headlining bad economic news
and downplaying good economic news. They may have finally gotten
what I think they wanted, a recession.
And how does Betsy Stark, their "economic" correspondent, get that
look on her face that is supposed to say "I'm a a serious, sober
economic correspondent with bad news" but really comes across
looking like a weasel just ran up her dress?
Bad economic news+things are getting better in Iraq= Election year. Conspiracy? Not saying that, just saying it is predictable. Go RP.
I want to thank my former broker for dropping me for lack of activity last month. My $10,000 is still worth $10,000 today. Hopefully we reach the bottom and I can get back in before I owe capital gains taxes.
RP does not want a gold standard. He wants to legalize contracts
that are based on gold. Allow gold as legal tender.
Gold is durable, hard to counterfeit, keeps its value over time,
relatively easy to carry and store, and is universally accepted.
These are main reasons why people tend to accept it as money. It is
NOT arbitrary.
Money comes from the people, not the state, in a historical and
absolute sense. The people over time have used many things as a
medium of exchange, but most often they have used gold, with silver
being the second most popular form of money.
Hillary can't clog the lane. Hillary can't crash the boards.
Have you ever seen a white woman with a big butt try to post up?
Not gonna happen.
And Edwards? More of a shooting guard type.
Gotto go with Obama for your center.
...What. Oh, centrist That's different, then.
"The news is that Hillary lied deliberately on national
TV."
This isn't news.
"For Candy Crowley and CNN to repeat the Clinton lie as was done in
analysis after the debate without including his explanation of the
truth is a reprehensible effort on their part to aid Clinton in
spreading a lie. This CNN effort continues on their website
today."
CNN isn't called the Clinton News Network for nothing.
judging from the BS race questions in the debate, this
country* isn't capable of imagining a president of color
I expected that asterisk would lead to a "by which I mean the
Democratic Party."
Polls show he'd win the general, but his party's voters won't let
him, or anyone like him, get there.
I wouldn't put my name on such an idiotic statement,
either.
Remind me, how many Republican state primaries have been won by a
black candidate in the party's history?
Obama handled the attacks well. Edwards shined the most with dealing specifically with issues; however, his and Hillary's plan to penalize peolpe for not having health insurance is insane! Obama's team is smarter than the others', and he is a sharp man... I believe he is the right person at this time in our nation for President.
Everybody knows Obama can't REALLY be black. After all, he chose
cocaine over crack, right?
Love ya'll!
Hillary
Look, that dude criticized a campaign for putting their smears
against Barack Obama in other people's mouths, and did it by
putting his smears against Barack Obama in other people's
mouths.
How meta.
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