
JimBob2232
Community Member-
Posts
4,062 -
Joined
-
Last visited
Content Type
Gallery
Profiles
Forums
Events
Everything posted by JimBob2232
-
Yep. Completely agree here. Although, Its hard to say where that point is for the government. People alot smarter than me need to make that call. If I make 50k a year, and have a 225k mortgage and a 25k car loan, im 250k in debt, 5 times my anual income. if the government brings in 2.5T, is it reasonable to assume they can also support 5 times their annual income, or 12.5T in debt? If so, is 8T really a problem? And how much of a benefit are we derriving by carrying this debt? I cant make that call, its an interesting debate though.
-
US Budget has SURPLUS in january
JimBob2232 replied to JimBob2232's topic in Politics, Polls, and Pundits
First of all...its here, a reuters news story http://today.reuters.com/news/newsarticle....OCKS.xml&rpc=23 Second of all, why, if it appears on drudge, is it wrong? Would a bloomberg story make it more believeable to you? http://www.bloomberg.com/apps/news?pid=100...id=aYuRPT2vssbU As for Bob Lamb, I have no idea where you were taugh economics, but I know where I got my MBA from, and its apparent you are not familiar with the term "economies of scale"...but I'll let that slide. I also know, that my job entails managing the finances of a 350 million dollar budget for the federal government. It is a VERY complicated thing to do, and its not even a measurable portion of the 2.5 trillion dollar federal budget. So yes, balancing the budget is extremely difficult, but that doesnt mean we shouldnt try to do it. Actually Bob, I have no idea what points you are even trying to make. Goverment can print all the money it wants (as if that solves the problem), Wall street earnings disppointing, sales tax increase affecting a ford plant...Where are you going with all this? So...let me see here. Corporations pay taxes quarterly..so January, April, July, October. So those must all be buget surplus months. People are still paying income taxes in February and March, so those must be surplus months too. So now we are up to 6 months out of the year being "expected" surplus months? Come on. In fact, i dont know the exact numbers, but I would suspect the government pays out more money than it recieves due to personal income tax filings each year. Regardless, the final budget number is completly independant of how much funds are recouped by taxpayers. It very well may. Bush has not been the best president for the economy. I applaud him on cutting taxes. We need to cut taxes WAY MORE. But we have to address the growing problems with outsourcing, trade deficits national debt servicing, and (what I think, is going to really kill us here soon), inflation. IF the economy is a house of cards as you predict, and it comes crashing down, its not because of what bush did, its what he didnt do, which he is equally responsible for. Again, I dont have a problem with people critizing bush. There are 1000 good reasons to do so. But when people jump on the wrong issues and show their ignorance, and make fools out of themselves, thats where I draw the line. -
Assuming paying off the debt is actually a good thing..but I wont get into that philosophical debate right now.
-
US Budget has SURPLUS in january
JimBob2232 replied to JimBob2232's topic in Politics, Polls, and Pundits
We have been down this road before, and I dont think I need to rehash the discussion, except to say that you and I agree on alot of issues. For all Bush's flaws (and lord knows there is alot of them), the two that he has done a good job with, IMO, is the war on terror and cutting taxes. Unfortunatly the first was done with bad evidence, and without a proper plan for keeping the peace and the second was not done in conjunction with a sound fiscal policy. HOWEVER...Im sick of hearing how bad bush's economy is...and I take every chance I can get to dispute this fact. Bush is accused of lying all the time, but how is it democrats keep coming up with reasons bush is bad that are disputed left and right (no pun intended) 1) The federal deficit is too large 2) The large deficit is due to cutting taxes 3) The large deficit is due to the poor economy 4) The large deficit is due to increased federal spending 5) The poor economy is bush's fault 6) The stock market is horrible under bush etc. etc. ANYTHING to blame bush BUT 1) The economy is not bad 2) The stock market is where it was when clinton left office 3) Now, we are running a surplus And I still want a lib who believes this nonsense to explain to me how cutting taxes and increasing federal spending can lead to a budget surplus. I think this little exersise might go a long way toward causing you to realize how things really work and not how the democratic talking points want you to think. -
Did Sherman interview?
-
Yep. Thats right. A SURPLUS. So...spending is up, taxes are down, the economy is in the tank, we are fighting too many wars which are costing us way too much money, and we run a buget surplus. Chew on that one for a while liberals... I cant wait to hear the rationale for this!
-
http://today.reuters.com/news/newsarticle....OCKS.xml&rpc=23 Hmm... "The U.S. budget registered a surprisingly big surplus of $20.99 billion in January as strong receipts outweighed spending, a Treasury Department report showed. " interesting.........now what were you saying about large buget deficits...
-
What would YOU do with the #8 pick in the draft?
JimBob2232 replied to 2003's topic in The Stadium Wall Archives
NO WAY you take Hali or Kiwi at #8 (barring a suprise combine showing...which i still think you shouldnt go by). If thats the way it goes, take a look at Jimmy Williams. I think J. Williams is the only other guy who should be taken in our slot (possibly Ngata, but im not sold on him). He would fill a need vacated by clements, who could be moved for a #1 or #2 pick. Take williams, trade clements, pick up Marcus McNeil or Gabe Watson later on in the first with the clements pick...seems to solve alot of problems. OR...trade the pick and move down. Someone will want cutler or J. Williams or D. Williams. -
result change dramatically if you use XL and III
-
Hmm...and who would play quarterback? Testaverde?
-
TO Allegedly Visited the Felons Today
JimBob2232 replied to Rico's topic in The Stadium Wall Archives
They had 9 last year without TO... Now if they can get a QB...watch out. -
TO Allegedly Visited the Felons Today
JimBob2232 replied to Rico's topic in The Stadium Wall Archives
I hate the term felons...because the first thing that comes to my mind is the falcons, cuz its spelled close to felons. Then I think of the raiders, and then realize its the dolfins. Sometimes I even think of the ravens because...well...they are. -
How far removed are the Bills from a SuperBowl?
JimBob2232 replied to Tipster19's topic in The Stadium Wall Archives
1993...sorry too easy. -
What's on the menu tomorrow for the SB?
JimBob2232 replied to Frez's topic in The Stadium Wall Archives
Well, I hope you enjoy the game none-the-less. Kick back and relax, if only for a couple hours. And keep up all the good work you guys are doing over there! -
Hmm...I got chastized and called a "newbie" for a "nm" once...apparently all the veterans here say "belinda" instead. SDS must be a newbie too. ***BLINK***
-
The "Chimp" asks for 120B more funds
JimBob2232 replied to TheMadCap's topic in Politics, Polls, and Pundits
No, No it didnt... The market DID NOT CRASH UNDER BUSH. It crashed under clinton. Bush has not had a booming market, but it has not been as terrible as people seem to think it is. -
The "Chimp" asks for 120B more funds
JimBob2232 replied to TheMadCap's topic in Politics, Polls, and Pundits
No, I do not believe one second that the president is responsible for the behavior of the stock market. But I am sick of people talking about how great the market was because of Clintons policies. People forget that the market pretty much tanked towards the tail end of clintons term, and has been stagnant during bush's term, but somehow clinton gets alot of credit here and bush gets slammed (due to his policies). I intentionally phrased my previous post to make that point. I understand the DOW is only 30 stocks...but it is a widely used indicator of stock market performance (ESPECIALLY amungst the bush is bad for the stock market crowd who dont know better) and tracks fairly closely with the S&P. The point remains the same if the S&P is used vice the DJIA. -
What's on the menu tomorrow for the SB?
JimBob2232 replied to Frez's topic in The Stadium Wall Archives
Sorry, didnt see the other post. I did a search for 'food' not 'menu' -
What's on the menu tomorrow for the SB?
JimBob2232 replied to Frez's topic in The Stadium Wall Archives
Whats on YOUR menu? Mine: Pizza, Meatballs, Chips, Nachos, Artichoke Dip, Vegge Platter (for the ladies), Shrimp and Cheesecake. -
Too bad its like 70...
-
Which reason do you think JP will attribute his
JimBob2232 replied to Tipster19's topic in The Stadium Wall Archives
IF he fails, it will be due to his inability to handle critisizm and the culture of the NFL. He has the talent, and will develop if he can keep his head in it. And I think he can. -
The "Chimp" asks for 120B more funds
JimBob2232 replied to TheMadCap's topic in Politics, Polls, and Pundits
Ask yourself this question. How has the stock market performed under george w. bush? Answer the question then click on this link for the answer. http://moneycentral.msn.com/investor/chart...t=Refresh+Chart I understand stock market does not (necessarily) indicate economy growth. -
I was really expecting to see a listing of "Jim Rome is burning" and "Quite Frankly"
-
Exactly. This is my policy: Vote Libertarian or Constitutional party unless the election appears to be very close, then vote republican. 3rd parties hate me because I dont automatically vote for them...but I cant let us be peroted into 8 years of bill clinton again. (and I assume the dems will say nadared into 8 years of bush).
-
His Brother Mo?