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

To: puborectalis who wrote (767979)	2/4/2014 9:18:42 PM
From: i-node	Respond to of 1575726

>> acted on the assumption that home prices would continue to rise. Actually, I wouldn't disagree with that. That is, after all, what causes bubbles. But the irrational exuberance is fine as long as lenders aren't forking over money to unqualified borrowers.

To: puborectalis who wrote (767979)	2/4/2014 9:32:13 PM
From: Broken_Clock	Respond to of 1575726

That is nonsense. The vast majority on wall st. knew it was a scam all along.

To: puborectalis who wrote (767979)	2/5/2014 7:57:26 AM
From: Bill	1 Recommendation Recommended By joseffy Read Replies (3) \| Respond to of 1575726

Cut and pasted from a source. Do you have any thoughts of your own?

To: puborectalis who wrote (767979)	2/5/2014 9:04:58 AM
From: Brumar89	1 Recommendation Recommended By FJB Respond to of 1575726

Congressional Budget Office sends death blow to ObamaCare By John Podhoretz February 5, 2014 The one-two punch: Virtually as many Americans will lack health coverage in 10 years as before the law was passed — but 2 million fewer will be working than if the law hadn’t passed. One killer detail comes on Page 111, where the report projects: “As a result of the ACA, between 6 million and 7 million fewer people will have employment-based insurance coverage each year from 2016 through 2024 than would be the case in the absence of the ACA.” ObamaCare’s key selling point was that it would give coverage to a significant number of the 30-plus million Americans who lack it. Now the CBO is telling the American people that a decade from now, 6 million-plus of their countrymen won’t get health care through their employers who otherwise would have. Even more damaging is this projection: “About 31 million nonelderly residents of the United States are likely to be without health insurance in 2024, roughly one out of every nine such residents.” Why? Because, in selling the bill to the American people in a nationally televised September 2009 address, President Obama said the need for ObamaCare was urgent precisely because “there are now more than 30 million American citizens who cannot get coverage.” Now the CBO is saying is that in 10 years, about the same number of people will lack insurance as before. This, after new expenditures of as much as $2 trillion and a colossal disruption of the US medical system. ........... [ This is a disaster for America. And a massive disaster for liberalism. How much of a blind believer do you have to be to think that liberal solutions work now? ] Really? Really? You know, if that’s the best they can do, certain American workers — those elected to Congress and their staffs — might find themselves forced to make new choices regarding their employment come this November and November 2016. For the past year, Obama and his supporters have taken to demanding that ObamaCare’s opponents quit trying to undo it because it’s now the law of the land. Not so fast: With this and the other blows it has been dealt over the past six months, and undoubtedly with new blows to come, ObamaCare really and truly may no longer be the law of the land after the president leaves office. http://nypost.com/2014/02/05/congressional-budget-office-sends-death-blow-to-obamacare/

To: puborectalis who wrote (767979)	2/5/2014 9:13:09 AM
From: Brumar89	Respond to of 1575726

Dingy Harry Reid: CBO Report Doesn’t Cost Jobs – It Means 2.3 Million Americans Can Be “Free Agents” http://www.thegatewaypundit.com/2014/02/wth-dingy-harry-reid-cbo-report-doesnt-cost-jobs-it-means-2-3-million-americans-can-be-free-agents/ ..... Senate Majority Leader Harry Reid (D-Nev.) said the Congressional Budget Office report that shows Obamacare will make the labor force lose 2.3 million full-time workers by 2021 is positive because it lets Americans be “free agents.” “We have the CBO report, which rightfully says, that people shouldn’t have job lock. If they — we live in a country where there should be free agency. People can do what they want,” Reid told reporters outside of a close policy luncheon. “And what they’re saying here is — and the fact checkers have already done this — the Republicans talk about losing millions of jobs simply isn’t true. It allows people to get out of a job they’re locked into, because of — they have healthcare in their job.” ........ Look on the bright side, you're not unemployed. You've been freed from "job lock." ------------------------------------------ Flashback: Nancy Pelosi Says Obamacare Will Create 400,000 Jobs “Almost Immediately!” http://www.thegatewaypundit.com/2014/02/flashback-nancy-pelosi-says-obamacare-will-create-400000-jobs-almost-immediately/ That was in 2010. She was already talking about Americans being freed from "job lock" though.

To: puborectalis who wrote (767979)	2/5/2014 12:28:00 PM
From: joseffy	1 Recommendation Recommended By FJB Respond to of 1575726

Caution: You’re Entering The Obamacare Spin Zone ........................................................................................... Michelle Obama's Mirror ^ \| 2-5-2014 As of noon yesterday when the CBO report came out, things have been spinning around here like your electric meter on a blistering hot day. *Only ours spins backwards, because of the tax subsidized solar panels on the roof producing so much power we’re selling it back to our local utility, as required by law. Win Win!!* Suffice it to say it’s enough to make your head spin. So here’s the deal, as first reported yesterday: *The new healthcare law will cost the nation the equivalent of 2.5 million workers in the next decade, the Congressional Budget Office (CBO) estimated in a report released Tuesday.* *The nonpartisan agency found the reform law’s negative effects on employment would be “substantially larger” than what it had previously anticipated.* It said the equivalent of 2.3 million workers would be lost by 2021, compared to its previous estimate of 800,000, and that 2.5 million workers would be lost by 2024. It also projected that labor force compensation would be reduced by 1 percent from 2017 to 2024 — twice its previous estimate. But let me be clear: this is good news; you don’t have to work as hard anymore! Or at all, if you “choose” not to. *The report predicted more people would leave the workforce because of lower wages, and be slower to return because they would want to keep their healthcare insurance subsidies.*