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Obama: Too Much Information Bad - Can't Work an iPad

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Sonny Burnett

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I can care less whether any politician can use an iPad, XBox, or any other gadget, or not. I do find it troubling that he thinks information is merely a distraction, or diversion. If anything it's a distraction from less important things, which is good for the citizens, but bad for the governments. Makes their agendas of screwing us tougher.

You miss the bigger point. He said in the article that he didn't know how to use any of these things (which included an iPod). In a 2008 article he was showing a reporter the play list on his iPod.

We can't believe anything that this guy says as he takes us down the road to socialism.

Ronald Reagan we really need you now.
 

lifevicarious

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Ronald Reagan we really need you now.

Wow, you really ARE stuck in the 80's. Huge cell phones and double digit interest rates, that would be just great to go back to!:confused:

Zero interest rates are better?

Well if you are trying to fight off a recession inherited from 8 years of conservative leadership, yes. Or we could raise interest rates to double digits and further depress housing costs and make it harder for people and businesses to borrow money.
 

dpizzo

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Wow, you really ARE stuck in the 80's. Huge cell phones and double digit interest rates, that would be just great to go back to!:confused:

Zero interest rates are better?

Well if you are trying to fight off a recession inherited from 8 years of conservative leadership, yes. Or we could raise interest rates to double digits and further depress housing costs and make it harder for people and businesses to borrow money.


If you think our current economic situation is only 8 years in the making, you are incorrect. If you think that regardless of what letter a politician likes to put next to their name automatically makes them conservative, or liberal for that matter, you are mistaken as well. I'd like to see evidence of Dubya actually being conservative. I don't care what he identified himself as. One option you failed to mention regarding interest rates is to actually let the markets determine them instead of Helicopter Ben. You talk about depressing housing prices, so you feel that artificially inflating their price is a proper solution? Harder for businesses to borrow money? Easy money is the problem. Interest rates that discourage savings is the problem. a central bank determining said interest rates is the problem, and so on, and so forth.
 

lifevicarious

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Zero interest rates are better?

Well if you are trying to fight off a recession inherited from 8 years of conservative leadership, yes. Or we could raise interest rates to double digits and further depress housing costs and make it harder for people and businesses to borrow money.


If you think our current economic situation is only 8 years in the making, you are incorrect. If you think that regardless of what letter a politician likes to put next to their name automatically makes them conservative, or liberal for that matter, you are mistaken as well. I'd like to see evidence of Dubya actually being conservative. I don't care what he identified himself as. One option you failed to mention regarding interest rates is to actually let the markets determine them instead of Helicopter Ben. You talk about depressing housing prices, so you feel that artificially inflating their price is a proper solution? Harder for businesses to borrow money? Easy money is the problem. Interest rates that discourage savings is the problem. a central bank determining said interest rates is the problem, and so on, and so forth.

Letting the markets run free is what caused us the problems we have now, not interest rates discouraging savings. The US as a whole doesn't save anyway, the majority are paycheck to paycheck, they couldn't save if they wanted to. People getting in over their heads on mortgages and then living off the overnight equity. That was the market 'working' and look where it got us.
 

dpizzo

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Well if you are trying to fight off a recession inherited from 8 years of conservative leadership, yes. Or we could raise interest rates to double digits and further depress housing costs and make it harder for people and businesses to borrow money.


If you think our current economic situation is only 8 years in the making, you are incorrect. If you think that regardless of what letter a politician likes to put next to their name automatically makes them conservative, or liberal for that matter, you are mistaken as well. I'd like to see evidence of Dubya actually being conservative. I don't care what he identified himself as. One option you failed to mention regarding interest rates is to actually let the markets determine them instead of Helicopter Ben. You talk about depressing housing prices, so you feel that artificially inflating their price is a proper solution? Harder for businesses to borrow money? Easy money is the problem. Interest rates that discourage savings is the problem. a central bank determining said interest rates is the problem, and so on, and so forth.

Letting the markets run free is what caused us the problems we have now, not interest rates discouraging savings. The US as a whole doesn't save anyway, the majority are paycheck to paycheck, they couldn't save if they wanted to. People getting in over their heads on mortgages and then living off the overnight equity. That was the market 'working' and look where it got us.



I must say if you or anyone thinks we have a free market, or Capitalism, if you will, they are misguided. We did not by any means let the markets run free. Not even close. We had this silly notion that everyone should be a homeowner when the fact is that is simply not true. People were getting in over their heads with mortgages and everything else as well. Partly because of easy money, partly because of the artificial feeling of wealth people had because they thought their house or portfolio was worth so much, when the truth is value is determined at the point of sale. Paper wealth is insignificant. Same thing happened in the late 90's with the Tech boom. People felt wealthy, but it was fake. Then it was houses. What will be next, who knows. Now we are past the point of worrying about companies failing and we've moved onto countries failing. You can only spend so long with money having no value aside from what you are told your money is worth for so long. Look at Europe's situation now for what runaway spending does.
 

stever

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O gesh. Can a MOD please lock this? With cherries on top!

PLEASE!

It is well past time.
We don't really want topics that have devolved into religious or political wars, do we?

I know I am leaving this thread and not returning.


.
 
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