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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: SilentZ who wrote (559091)	4/6/2010 1:14:41 PM
From: Tenchusatsu	1 Recommendation Read Replies (4) \| Respond to of 1577116

Seems like you have an answer for everything Z. Medicare, Medicaid, and Social Security take up more than half of the federal budget. Federal spending is now well above 25% of the GDP. You want to pretend that we can continue printing money and supporting the growth of entitlements, all while the Baby Boomers retire. Even the fact that SS is now in the red (four years earlier than projected) doesn't concern you, as long as you have a political talking point to bring up. If you want to transform our economy to that of some Eurosocialist state, be my guest. Just don't pretend that you can have your cake and eat it too. Even Europe can't do that. Tenchusatsu

To: SilentZ who wrote (559091)	4/6/2010 2:40:14 PM
From: tejek	Respond to of 1577116

Another reason to give money to Halter....who raised twice as much as Lincoln last month. "And, yet, when you talk to industry representatives, they don’t appear overly troubled by the recent turn of events. Most continue to regard the derivatives provision in Dodd’s bill as a placeholder, which will almost certainly be nudged aside by a compromise negotiated by Democrat Blanche Lincoln and Republican Saxby Chambliss. (The two senators run the Agriculture Committee, which shares jurisdiction over derivatives.) As one lawyer involved in the derivatives industry told me last week, “If they try to push the Dodd bill as currently written on derivatives—it can’t fly.”" <snip> "Lincoln is currently facing a primary challenge that some liberals like Scheiber’s colleague Jonathan Chait think is unwarranted on the grounds that she represents a very conservative state. It seems doubtful, however, that anyone can rationalize a pro-Wall Street stance on derivative regulation as crucial to political viability in Arkansas." yglesias.thinkprogress.org