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PoliGAF 2nd Pres. Debate 2008 Thread (DOW dropping, Biden is off to Home Depot)

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N

Ninja Scooter

Member
john_mccain_doesnt_know.jpg
 
G

GhaleonEB

Member
Cloudy said:
http://www.youtube.com/watch?v=MUOFTPbxuWA&eurl=http://crooksandliars.com/

Haha, Krugman is a prophet. O'Reilly is such a clown :lol
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I love it. Krugman's Nobel today had me smiling all day because of stuff like that. And stuff like this:

So back in the day, August 8, 2005, one of the wankers at Powerline wrote this gem:

It must be depressing to be Paul Krugman. No matter how well the economy performs, Krugman’s bitter vendetta against the Bush administration requires him to hunt for the black lining in a sky full of silvery clouds. With the economy now booming, what can Krugman possibly have to complain about? In today’s column, titled That Hissing Sound, Krugman says there is a housing bubble, and it’s about to burst...

There are, of course, obvious differences between houses and stocks. Most people own only one house at a time, and transaction costs make it impractical to buy and sell houses the way you buy and sell stocks. Krugman thinks the fact that James Glassman doesn’t buy the bubble theory is evidence in its favor, but if you read Glassman’s article on the subject, you’ll see that he actually makes some of the same points that Krugman does. But he argues, persuasively in my view, that there is little reason to fear a catastrophic collapse in home prices.

Krugman will have to come up with something much better, I think, to cause many others to share his pessimism.
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The "depressed" Krugman can cry himself to sleep with his Nobel Prize, as well as the realization that yes, he was right and the wingnutosphere was once again proven tragically wrong.
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Delicious.
 
Zoe

Zoe

Member
Macam said:
What is this exactly? I don't have a Facebook account and I'm not entirely clear what's the purpose of the get together. I imagine it's something political, obviously. For what it's worth, Scholz Garden is playing the debate on Wed. and Rabbit Bar is playing the final Senate debate between Cornyn and Noreiga.
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https://donate.barackobama.com/page/contribute/AustinOct14

Basically a mixer + fundraiser from the looks of it.

I've been watching the debates at the Drafthouse.
 
S

StoOgE

First tragedy, then farce.
Macam said:
What is this exactly? I don't have a Facebook account and I'm not entirely clear what's the purpose of the get together. I imagine it's something political, obviously. For what it's worth, Scholz Garden is playing the debate on Wed. and Rabbit Bar is playing the final Senate debate between Cornyn and Noreiga.
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I dont know what the point is, it appears to be an official Obama campaign event. My guess is Strama, Watson and the regular "Austin Dems" will show up and tell us how awesome the coordinated campaign is and we should all go hang out at the old grocery store on 35 and 11th and make phone calls in our spare time.
 
G

GoutPatrol

Forgotten in his cell
If anyone wants to see a new liberal voice on this crisis, I suggest reading this article that shows tears up how conservatives think the Great Depression started and how they will fail to stop this one from coming.

As I argue in Part I, the Great Depression was the consequence of a massive shift of income shares to profits, away from wages and thus consumption, at the very moment--the 1920s--that expanded production of consumer durables became the crucial condition of economic growth as such. This shift produced a tidal wave of surplus capital that, in the absence of any need for increased investment in productive capacity (net investment declined steadily through the 1920s even as industrial productivity and output increased spectacularly), flowed inevitably into speculative channels, particularly the stock market bubble of the late 20s; when the bubble burst--that is, when non-financial firms pulled out of the call loan market in October--demand for securities listed on the stock exchange evaporated, and the banks were left holding billions of dollars in "distressed assets." The credit freeze and the extraordinary deflation of the 1930s followed; not even the Reconstruction Finance Corporation could restore investor confidence and reflate the larger economy.

So recovery between 1933 and 1937 was not the result of renewed confidence and increased net investment determined by newly enlightened monetary policy (the percentage of replacement and maintenance expenditures in the total of private investment grew in the 1930s). It was instead the result of net contributions to consumer expenditures out of federal budget deficits. In other words, fiscal policy validated the new growth pattern that first appeared in the 1920s--the consumer-led pattern that was eventually disrupted by the shift of income shares to profits, away from wages and consumption.

That consumer-led pattern of economic growth was the hallmark of the postwar boom--the heyday of "consumer culture." It lasted until 1973, when steady gains in median family income and nonfarm real wages slowed, and even ended. Since then, this stagnation has persisted, although increases in labor productivity should have allowed commensurable gains in wages. Thus a familiar shift of income shares away from wages and consumption, toward profits, has characterized the pattern of economic growth and development over the last twenty-five years.

...

The responsible fiscal policy for the foreseeable future is, then, to raise taxes on the wealthy and to make net contributions to consumer expenditures out of federal deficits if necessary. When asked why he wants to make these moves, Barack Obama doesn't have to retreat to the "fairness" line of defense Joe Biden used when pressed by Sarah Palin in debate--and not just by the lunatic fringe where hockey Moms and supply-siders congregate. The leader of the liberal media, the New York Times itself, has also admonished the Democratic candidate on his proposed fiscal policy: "Mr. Obama has said that he would raise taxes on the wealthy, starting next year, to help restore fairness to the tax code and to pay for his spending plans. With the economy tanking, however, it's hard to imagine how he could prudently do that." (NYT 10/7/08)

In fact, if our current crisis is comparable to the early stages of the Great Depression, it's hard to imagine a more prudent and more productive program.
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D

demon

I don't mean to alarm you but you have dogs on your face
Cloudy said:
I dunno what it is but I find this economy chick on TDS strangely hawt o_O

I really like smart women I think
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Ditto. She was really cute in a milf-next-door/professory sort of way.
 
D

devilhawk

Member
maximum360 said:
Krugman was awesome. O'Reilly deserves all the bashing he gets from Keith O. daily.
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I wonder how a democratic administration will change the 24hr news networks. I know that Fox is probably foaming at the mouth to be able to blame everything on the democrats and not have to deflect problems the republicans caused. MSNBC is a different animal though. Before 2000, MSNBC was a different network. At one point they had Coulter and Ingrahm on shows. They also had a lot fewer political opinion shows than Fox and MSNBC do now. I remember Olberman leaving SportsCenter and then whining about the coverage MSNBC gave the impeachment before he quit his new job.

What I am trying to say is this is the first time MSNBC will have all their opinion shows with a democratic administration. Interesting to see what happens since they will have the opportunity to criticize any possible mistakes of Obama and the democrats. They will have the choice of whether to drift off to the 'dark side' that is Fox but in reverse or keep more journalistic.
 
L

LizardKing

Member
i kinda agree with frum though. Although when talking about those kind of pundits, maddow is not at the top of the list. I'm liberal and sometimes olbermann makes me cringe.
 
T

The Blue Jihad

Member
Amir0x said:
Proof that Obama has so much money he doesn't have any idea what to do with it anymore. :lol

"Which voters haven't we reached yet?"

Uhm... what about the Burnout demographic?"

"BRILLIANT! Buy ad space in this highly competitive market!"
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Man, one reason why I love this guy and his campaign...he's so in touch. He's frigging buying in-game ad-space. It's unbelievable.

This is truly a candidate who's embraced modern technology, incorporated it into his campaign, and respects its power.
 
L

Learn2read

Member
devilhawk said:
I wonder how a democratic administration will change the 24hr news networks. I know that Fox is probably foaming at the mouth to be able to blame everything on the democrats and not have to deflect problems the republicans caused. MSNBC is a different animal though. Before 2000, MSNBC was a different network. At one point they had Coulter and Ingrahm on shows. They also had a lot fewer political opinion shows than Fox and MSNBC do now. I remember Olberman leaving SportsCenter and then whining about the coverage MSNBC gave the impeachment before he quit his new job.

What I am trying to say is this is the first time MSNBC will have all their opinion shows with a democratic administration. Interesting to see what happens since they will have the opportunity to criticize any possible mistakes of Obama and the democrats. They will have the choice of whether to drift off to the 'dark side' that is Fox but in reverse or keep more journalistic.
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Like Joe Scarborough? Stop with this MSNBC=FoxNews false equivalency bullshit.
 
C

Cloudy

Banned
What I am trying to say is this is the first time MSNBC will have all their opinion shows with a democratic administration. Interesting to see what happens since they will have the opportunity to criticize any possible mistakes of Obama and the democrats. They will have the choice of whether to drift off to the 'dark side' that is Fox but in reverse or keep more journalistic.
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I dunno about Keith but Matthews slaps everyone around. Until recently, he really reigned his liberalism in..
 
Z

ZeoVGM

Banned
Oh my God.

My friend just linked me to the most offensive anti-Palin picture ever.

I probably wouldn't be able to post it, as it makes fun of her kid.

But holy shit. :lol :lol :lol :lol
 
L

LizardKing

Member
omg rite said:
Oh my God.

My friend just linked me to the most offensive anti-Palin picture ever.

I probably wouldn't be able to post it, as it makes fun of her kid.

But holy shit. :lol :lol :lol :lol
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post. now.
 
S

Snaku

Banned
omg rite said:
Oh my God.

My friend just linked me to the most offensive anti-Palin picture ever.

I probably wouldn't be able to post it, as it makes fun of her kid.

But holy shit. :lol :lol :lol :lol
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pm me.
 
G

Gattsu25

Banned
omg rite said:
Oh my God.

My friend just linked me to the most offensive anti-Palin picture ever.

I probably wouldn't be able to post it, as it makes fun of her kid.

But holy shit. :lol :lol :lol :lol
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Fuck that, I don't care to see it.
 
H

HylianTom

Banned
omg rite said:
Oh my God.

My friend just linked me to the most offensive anti-Palin picture ever.

I probably wouldn't be able to post it, as it makes fun of her kid.

But holy shit. :lol :lol :lol :lol
Click to expand...

If you can't post, PM it!

edit: wait.. which kid?
 
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