Forum Settings
       
1 2 Next »
Reply To Thread

What does $1 Trillion dollars look like?Follow

#27 Apr 09 2009 at 8:29 AM Rating: Good
Avatar
*****
13,240 posts
Quote:
I would much rather trade you my chicken for your biscuit.


The fundamental issue here is that he doesn't want your chicken.
____________________________
Just as Planned.
#28 Apr 09 2009 at 8:36 AM Rating: Good
*****
15,952 posts
Timelordwho wrote:
Quote:
I would much rather trade you my chicken for your biscuit.


The fundamental issue here is that he doesn't want your chicken.

Yeah, even as a greeny hippy ***** pinko commie socialist disabled whale I think that money is good, and that investments, dividends and interest are even better.
#29 Apr 09 2009 at 9:00 AM Rating: Good
*****
19,369 posts
gbaji wrote:
Let's be fair here though. The meltdown itself didn't cost us a dollar. It's the "fixes" that are costing so much money.


My neighbor's house caught on fire. It didn't cost him a dime until he decided to rebuild that half.
#30 Apr 09 2009 at 9:24 AM Rating: Decent
30 posts
Quote:
Yeah, even as a greeny hippy ***** pinko commie socialist disabled whale I think that money is good, and that investments, dividends and interest are even better.


Never said money was a bad thing, I was more implying to just hitting the reset button on the global economy. And while waiting for the reboot in safe mode, I will trade my chicken for your biscuit.

And I have killer chickens, they lay golden eggs.
#31 Apr 09 2009 at 9:56 AM Rating: Good
*****
15,952 posts
Sir Monolithe wrote:
Quote:
Yeah, even as a greeny hippy ***** pinko commie socialist disabled whale I think that money is good, and that investments, dividends and interest are even better.


Never said money was a bad thing, I was more implying to just hitting the reset button on the global economy. And while waiting for the reboot in safe mode, I will trade my chicken for your biscuit.

And I have killer chickens, they lay golden eggs.

Ever watch Fight Club? Tell me you've watched Fight Club. You'll like the fantasy ending.
#32 Apr 09 2009 at 11:01 AM Rating: Default
Encyclopedia
******
35,568 posts
Jophiel wrote:
Totem wrote:
As my financial planner keeps telling me it's not real until I take the money in my 401(k) out. In the meantime it's just a number on a calculator.
By that measure, the one trillion isn't real until it's converted into a warehouse full of palletized hundred dollar bills. Which it won't be.


He didn't say that it wasn't real until he takes the money out and then stacks it up on pallets. It's "real" the moment you exchange one thing for another. Until then, it's just a number on a price tag.

When we spend money that is in short supply on things, the lessened value of the money being spent (taxed out of the economy or printed outright) becomes "real". That's the point. The second point is that this sort of spending would be insane if we *weren't* in the midst of a financial crisis. It's doubly so now.

The third (and main point) is that we can debate about what caused the financial problems, but there is no debate over who is responsible for the dollar cost for the money being spent in Washington right now. Inheriting a problem does not give you a license to do whatever you damn well please without taking responsibility. I just think that excuse wore thin about a month ago...
____________________________
King Nobby wrote:
More words please
#33 Apr 09 2009 at 11:18 AM Rating: Excellent
Liberal Conspiracy
*******
TILT
gbaji wrote:
He didn't say that it wasn't real until he takes the money out and then stacks it up on pallets. It's "real" the moment you exchange one thing for another. Until then, it's just a number on a price tag.
Right now, it's exchanged for treasury bonds that don't come due for a good while. Nothing but numbers on calculators, per Totem's definition.

Conversely, there's a lot of people who are retiring and need their 401(k) now. You know, the ones that lost 45% of their value since last summer. The ones where even your paycheck contributions from the last eight months won't be coming back to you. Not that the crash cost anyone anything, of course.

Edited, Apr 9th 2009 2:19pm by Jophiel
____________________________
Belkira wrote:
Wow. Regular ol' Joph fan club in here.
#34 Apr 09 2009 at 11:28 AM Rating: Decent
****
5,159 posts
gbaji wrote:
The third (and main point) is that we can debate about what caused the financial problems, but there is no debate over who is responsible for the dollar cost for the money being spent in Washington right now. Inheriting a problem does not give you a license to do whatever you damn well please without taking responsibility. I just think that excuse wore thin about a month ago...

One could also argue for the tax revenue that will not be made this year as a direct result of the crash. And don't even try to argue that potential income doesn't matter; after all, it's all just numbers, right?

We understand that you still cling to your failed economic ideology, but if you could at least put one foot in the real world long enough to recognize (like most accredited economists do) that spending is really the only way out of this, then you'd be a lot happier in the long run. Particularly as the stimulus (or stimuli) works, and reality slaps you hard in the face yet again.
#35 Apr 10 2009 at 10:33 AM Rating: Default
30 posts
So what I've been doing wrong so far in life is that instead of saving/investing my money, I should have been spending it? That would make me richer?
#36 Apr 10 2009 at 1:06 PM Rating: Excellent
****
4,901 posts
Jophiel wrote:
gbaji wrote:
The meltdown itself didn't cost us a dollar.
I see you haven't met my 401(k)



...or the value of my home, or the income lost by the millions of newly unemployed folk.
____________________________
Love,
PunkFloyd
#37 Apr 10 2009 at 1:20 PM Rating: Good
****
4,158 posts
PunkFloyd, King of Bards wrote:
Jophiel wrote:
gbaji wrote:
The meltdown itself didn't cost us a dollar.
I see you haven't met my 401(k)



...or the value of my home, or the income lost by the millions of newly unemployed folk.


Just wait till the effects of the impending commercial property crash start to make themselves felt......
____________________________
"If you have selfish, ignorant citizens, you're gonna get selfish, ignorant leaders". Carlin.

#38 Apr 10 2009 at 1:29 PM Rating: Decent
Lunatic
******
30,086 posts

Let's be fair here though. The meltdown itself didn't cost us a dollar.


False.


It's the "fixes" that are costing so much money.


False.


We can debate which things are necessary and all that, but let's not ignore that the decision to spend money is made "now".


False.


Unless you're arguing that the decision to spend the most recent 800ish Billion dollars on stimulus was made by anyone other than the people currently sitting in office? Cause that would be a neat trick for Republicans to continue writing legislation two years after they lost control of both houses and for Bush to continue to hold veto power even though he's not president anymore...


There was no "decision". There is no other plausible option. None. Zero. Zilch. This is why the GOP can't offer one. No one can.


Obama didn't inherit the spending he and the Dems are doing right now, so let's not push that little cart too far up the hill, shall we?


Oh, heavens, no. Why, he's been in office almost 10 weeks now, plenty of time to unravel the economic clusterfuck I told you was coming for years, and explained how and why.

Here's the reality: The actions taken now may, in fact, not work. If that's the case, it's unlikely to be because the wrong actions were taken. If you provide the worlds greatest physician with a corpse, his inability to resurrect it doesn't reflect poorly on his medical skills.

When you can offer any sort of conceivable alternate action that could have been taken, let me know. Until then, stop wasting everyone's time. If the health care stuff somehow magically passes and even vaguely resembles the intended plan, and that fails, let me know. If Cap and Trade passes (hahaha, right) and that fails, let me know. Assigning responsibility for *required reactionary decisions with no other options available* is partisan hackery at its most ludicrous.



____________________________
Disclaimer:

To make a long story short, I don't take any responsibility for anything I post here. It's not news, it's not truth, it's not serious. It's parody. It's satire. It's bitter. It's angsty. Your mother's a *****. You like to jack off dogs. That's right, you heard me. You like to grab that dog by the bone and rub it like a ski pole. Your dad? Gay. Your priest? Straight. **** off and let me post. It's not true, it's all in good fun. Now go away.

#39 Apr 11 2009 at 1:24 AM Rating: Excellent
*****
16,160 posts
Monolithe, stop checking out my biscuit. Staring is just bad manners.

Smash? Allow me to refute your arguments.

False.

False.

False.

False.

False.

Actually true in bizarro world.

Totem
#40 Apr 11 2009 at 6:03 AM Rating: Decent
Lunatic
******
30,086 posts

Smash? Allow me to refute your arguments.


That would be a refreshing change of pace. It's only been 6 years since the last time.
____________________________
Disclaimer:

To make a long story short, I don't take any responsibility for anything I post here. It's not news, it's not truth, it's not serious. It's parody. It's satire. It's bitter. It's angsty. Your mother's a *****. You like to jack off dogs. That's right, you heard me. You like to grab that dog by the bone and rub it like a ski pole. Your dad? Gay. Your priest? Straight. **** off and let me post. It's not true, it's all in good fun. Now go away.

#41 Apr 12 2009 at 9:19 PM Rating: Good
*****
16,160 posts
In case you haven't noticed, Smash, but arguing with you has taken on the aspect of a CliffNotes synopsis. It goes something like this:

<Current event or rehashed topic>

1) Initial poster's opinion or presentation of "facts"

2) Meaningless comments by the masses

3) Gbaji chimes in

4) You chime in

5) Gbaji responds

6) You resort to the CliffNotes synopsis

7) Thread mercifully dies

I don't know if it is chronic long term fatigue or just a resigned fatalism to what will be an argument that goes nowhere, but as of late you have displayed a distressingly small capacity for soldiering on and fighting the Good Fight as the Left's champion around here. What gives?

Totem
1 2 Next »
Reply To Thread

Colors Smileys Quote OriginalQuote Checked Help

 

Recent Visitors: 318 All times are in CST
Anonymous Guests (318)