Community > Posts By > Fanta46

 
Fanta46's photo
Sat 02/12/11 11:12 AM



:wink:

the "shellacking" isn't over yet.....


By shellacking I take it you mean lying.

Fanta46's photo
Sat 02/12/11 11:09 AM
551

Fanta46's photo
Fri 02/11/11 10:53 PM
587

Fanta46's photo
Fri 02/11/11 10:50 PM
Edited by Fanta46 on Fri 02/11/11 10:50 PM
This is an identical thread.This one was first

:wink: :banana: :banana:

Fanta46's photo
Fri 02/11/11 10:46 PM

I think you're getting off into make-it-up-as-you-go-along-World.
What is the net worth of government?
This source should help with your question. The paragraph with the heading "Totting up assets and liabilities" is a good little summary of the concept.
Yet that single small part has rung up a debt that is 14 Trillion.
Here's a nifty little chart that shows what has happened to the National debt up to about 2 months ago. This is National debt as a % of GDP, a much more meaningful statistic than the nominal National debt.
What is the debt ratio?
Dunno. Why don't you tell me.
the Huge Ammount is the UNFUNDED liabillity attached to the loans,
Yes, a liablility. This is reflected in the net worth of the Nation or of the Government. This is not added information
expected cost of current legislation and plans, expected payout on borrowed monies... etc
This would involve the net present value of these liabilities. I don't have a source for that. You seem to be pretty knowledgable about that.
government should never be larger than a straight 10% tax can pay for. Anything larger than that leads to 'autocratic elitism' and dictatorship.
Where did this come from? is this a rule? Why 10%? Did the 90% marginal tax rates of the 1950s bring about a 'autocratic elitism' and dictatorship? Here's . where tax rates have been since 1913. It's interesting to compare this with the debt/% of GDP chart. Marginal tax rates move inversely with debt.


Ah ha! I see how that's done now!:wink:

Fanta46's photo
Fri 02/11/11 10:10 PM
Edited by Fanta46 on Fri 02/11/11 10:11 PM
Drill some more,
Spill some more!noway noway

I have a great idea!!
Let's support the Koch brothers...noway noway

Fanta46's photo
Fri 02/11/11 10:09 PM
NEW YORK — A U.S. government investigation of the Trans Alaska Pipeline has found potentially major safety issues on the line that ships 12 percent of domestic oil supply, making its operation risky until repairs are made, according to a letter sent by regulators to the operator and viewed by Reuters on Friday.

The 800-mile line known as TAPS appears to have "multiple conditions" that "pose a pipeline integrity risk to public safety, property or the environment," according to the Feb. 1 letter to operator Alyeska from the U.S. Department of Transportation's pipeline safety division.

The DOT investigation follows a Jan. 8 leak on the line that forced it to shut down for several days in precarious winter conditions. The closure shut in millions of barrels in production and caused U.S. oil futures to rise for days.

The letter, called a "notice of proposed safety order," requests that Alyeska take several measures to mitigate risks along the line, including replacing some piping. DOT told Alyeska to expect a forthcoming "safety order" requiring action.

"It appears that the continued operation of the affected pipeline without corrective measures would pose a pipeline integrity risk to public safety, property, or the environment," the letter said.

Heightened scrutiny of the 33 year-old Alaskan line that ships 640,000 barrels per day follows a series of pipeline mishaps in Alaska over recent years and a dangerous mid-winter shutdown of TAPS last month. Investigators said they suspect corrosion may be to blame for a January leak.

Alyeska said it is already responding to several of the government's concerns and has requested a meeting with safety inspectors next week.

"We do disagree with some of the proposed findings and actions," said Alyeska spokeswoman Michelle Egan.

However, she said "there are already some that we've initiated."

Major Alyeska shareholders are BP with the largest stake, ConocoPhillips and Exxon Mobil.

Regulators gave Alyeska 30 days to respond in writing to the notice. They did not order any shutdown of the line or set out enforceable timelines for repairs. DOT told Alyeska it will be allowed to contest the findings of the investigation.

Story: U.S. can't handle Alaska offshore oil spills, expert warns
Probes as far back as 2008 found issues including internal corrosion that had thinned pipeline walls by up to 80 percent in some spots, the letter said. While some measures have been taken since to mitigate corrosion risks, closer monitoring is required, it added.

Among other areas of concern is TAPS' ability to withstand a prolonged shutdown during Alaska's frigid winter months, when the risk of ice plugs and wax deposits in the line could make operations hazardous, according to the letter.

The January leak underscored those risks, the regulators wrote. During that episode, TAPS requested emergency permission to restart the line before a leak on the line could be fixed, arguing that freezing of the line's contents could pose grave risks.

TAPS may be required to add tank storage facilities along the line, boost the frequency of examinations carried out by PIG machines that inspect the pipeline for corrosion, and provide plans to more closely monitor stretches of so-called "dead leg" piping, or low-flow areas around pump stations where cleaning is difficult and corrosion more likely, regulators warned. The most recent leak occurred at one such spot.

Also of concern to regulators is the 6 percent annual reduction of oil flow on TAPS, whose rates have diminished from nearly 2 million barrels a day in the late 1980s to around 630,000 bpd this year. Less flow can make pipelines more prone to corrosion or freezing.

The Department of Transportation may require TAPS to provide quarterly safety reports to regional inspectors in the future, to show it is fully complying with safety requirements, according to the letter.

Nearly all of Alaska's 650,000 barrels per day of oil output flows along the TAPS system. Top shareholder BP also controls Prudhoe Bay, the largest U.S. oil field, which delivers oil to market through the TAPS system.

Alyeska's last major oil leak occurred in May 2010 when several thousand barrels of oil spilled from a pump station. The 33 year-old line has been the subject of regulator scrutiny in recent years.

A BP line at Prudhoe Bay leaked during 2006 in an incident caused by corrosion, requiring repairs and pipe replacements that shut in millions of barrels of U.S. oil production.

http://www.msnbc.msn.com/id/41538249/ns/us_news-environment

Fanta46's photo
Fri 02/11/11 09:52 PM
Edited by Fanta46 on Fri 02/11/11 09:55 PM

Romney doesn't have a chance against President Obama. I don't know how he can criticize him on foreign policy...Romney has none. I have yet to hear any legitimate argument with specifics about foreign policy. If anything, the Republicans seem to be wanting to continue to support the dictator Mubarak.




The blatant lies and unaccountability is what kills me the most.

example,
“President Barrack Obama has stood watch over the greatest job loss in modern American history. And that, my friends, is one inconvenient truth that will haunt this president throughout history,” he said.

The job loss came way before Obama took office. If anything he stopped the loss. If not reversed it.
And he did it without Republican cooperation. The party of No were more concerned with attempting to make Obama look bad than in helping him turn the economy around or create jobs for Americans.
They were and are more concerned with helping their rich friends and safeguarding corporate interests.

Do they think the American people have forgotten when and under who's watch the jobs were lost?


Do they think we will forget the denial when the signs of economic doom were showing? When if instead of denial something might have been done to ease it?
When from the Republican Candidates side we heard,


Jul 9th, 2008

former senator Phil Gramm, who is Sen. John McCain’s (R-AZ) “econ brain,” blamed the state of the economy on “the conviction of many Americans that economic conditions are the worst in two or three decades.” “You’ve heard of mental depression; this is a mental recession,” said Gramm.


Gramm decried the “constant whining” of the American people when it comes to the economy because he believes “we’ve never been more dominant”:

“We have sort of become a nation of whiners,” he said. “You just hear this constant whining, complaining about a loss of competitiveness, America in decline” despite a major export boom that is the primary reason that growth continues in the economy, he said.

“We’ve never been more dominant; we’ve never had more natural advantages than we have today,” he said. “We have benefited greatly” from the globalization of the economy in the last 30 years.


Do they think the American people are that stupid?

Fanta46's photo
Fri 02/11/11 09:22 PM
Edited by Fanta46 on Fri 02/11/11 09:25 PM


Many of us have had to learn to cut back, clip coupons, buy generic and sale items only, cut back on not only luxury items, but some necessities as well, and if we can’t pay with cash, do without, in short…. live within a budget. We’re buying things we need at garage sales, thrift and second hand stores when we can. We’re buying sale items only, researching to get every ounce of our dollars worth. We’re using things up until their worn out and then finding a way to fix them and use them some more.

Many ‘American People’ have elected to take a pay cut so other employees at their place of work can keep their jobs. Many more haven’t got paid overtime, gotten a pay raise, or a cost of living increase in years. A great place to start cutting spending is with your own salaries…not only do most of us feel you are paid waaaaaay too much, we think you should take a pay cut, be willing to do what so many ‘American People have done, who by the way, did not create this deficit in the first place…you did.




This has been happening for years. You can't blame the current Admin for this. Esp. considering the last one nearly ruined the country.
Remember Obama was left this mess. He didn't create it!

Despite this however,
If you are working overtime without getting paid for it. Either your employer is breaking the law, or you have only your self to blame.
That isn't anyone's fault but your own. Report your employer, it's a law. Grow a spine and stand up for your rights.

This is the reality!




OK, then rationalize TARP for us! How about what Obamacare really represents to America? How about that one? Not blame the current administration? So if you are driving a car you know has no brakes and drive it into tree who do we blame? The car? The tree it hits? Or do we blame the guy driving? Who is in the driver seat? Obama and cronies.

Time to wake up, coffee is brewing!


Which TARP?
The one that had no oversight or accountability which Bush signed into law or the one with all the checks, balances, accountability, and oversight that Obama signed.

I don't drive cars without brakes and Obama doesn't either.

Bush took office with a budget surplus. The surplus was being applied towards the deficit. Eight years, two wars later, and trickle down economics, whoala, the deficit had increased 5 times what it was when he took office.

Trickle down economics is like driving a car without brakes. Blame who or what you want but there is a big difference between inheriting a budget surplus and inheriting the worse economic catastrophe this country has faced since the Great Depression.

Fanta46's photo
Fri 02/11/11 09:05 PM
Egypt's military has already eradicated Al Queada from their country.
Why would you think they will allow Iranian groups to take over?
The Egyptian people trust and love their military.

Fanta46's photo
Fri 02/11/11 09:01 PM
The Republicans will safeguard this country into further bankruptcy and a civil war.
Wasn't 8 years of irresponsible government and 2 years of voting no to recovery enough?

Fanta46's photo
Fri 02/11/11 08:56 PM
So you think the Republicans are a safeguard?

Are you a corporation?
The only interests the Republicans are safeguarding are the corporations and the insurance companies'. The interests of the corporations are cheap labor with less environmental protections and their greed. They don't care about the American employees who built their corporation strong, and they aren't concerned with your children's health and welfare.

Fanta46's photo
Fri 02/11/11 08:42 PM
Hey everyone.waving

Home from work.
589

Fanta46's photo
Fri 02/11/11 10:46 AM
OBAMA in 2012.

Stick him out.
The Pubes are waiting like wolves at the edges of the firelight, hoping and counting on their cons to work, in order for them to regain power from the People.

Fanta46's photo
Fri 02/11/11 10:40 AM
Edited by Fanta46 on Fri 02/11/11 10:42 AM
This is the reality about the Tea Party lilbug.

http://mingle2.com/topic/show/296066

Read it if you care about the reality!

And feel free to comment openly and truthfully after you read the OP.
Please.

Fanta46's photo
Fri 02/11/11 10:34 AM
Edited by Fanta46 on Fri 02/11/11 10:36 AM
And that's a truth you'll never get from Fox News!

Fox News is but a tool used by Robert Murdoch and the Republican Party to brainwash those Americans foolish enough to watch.

Fanta46's photo
Fri 02/11/11 10:33 AM
I'm an unaffiliated Voter who has always voted since I was old enough. Until Bush's second election that vote has always gone Republican.
The reality of those years and the ones since, (party of no), have convinced me that the Republican party is a domestic threat to the freedoms and lifestyle of the American People.
A domestic threat graver than the foreign one we face from Al Queada.
The Tea Party's creation is just one more proof of that threat.
They are a guise, a distraction, a con. One I will not be fooled by and will continue to enlighten their supporters to.

Fanta46's photo
Fri 02/11/11 10:25 AM

“President Barack Obama has stood watch over the greatest job loss in modern American history. And that, my friends, is one inconvenient truth that will haunt this president throughout history,” he said.

But polls have consistently said that the public largely blames the previous Republican administration more than the current White House for the state of the economy.



How soon they forget, and would like the American People to do so!laugh laugh laugh


The one thing missing from Romney's speech: any mention of the "ObamaCare" health-reform law particularly despised by this CPAC audience. Romney, so far, has struggled to make a solid argument against the president's health care law, which has many similarities to the law Romney championed during his tenure as governor of Massachusetts.



Of course!
I'd say this will doom him with conservatives.


Fanta46's photo
Fri 02/11/11 10:22 AM
In remarks heavily focused on the economy, foreign policy, and American exceptionalism Friday, former Massachusetts Gov. Mitt Romney squarely challenged the competence and the authenticity of the man he’d like to replace in the White House.

The speech to the CPAC conservative conference -- the same group to whom he conceded the presidential primary race three years ago -- was primarily an assault on what he described as President Barack Obama’s fickle and hesitant strategy for solving the nation’s economic problems.

Romney received a mostly polite – but also sometimes enthusiastic – response from the thousands of conservative activists in the audience. The biggest sustained applause he received was when he delivered this criticism of the president: “It’s going to take more than new rhetoric to put Americans back to work. It’s going to take a new president.”

The former Bain & Company CEO, whose business credentials have served as the linchpin of his case for the presidency, blamed the Obama presidency for the nation’s nine percent unemployment rate.

“President Barack Obama has stood watch over the greatest job loss in modern American history. And that, my friends, is one inconvenient truth that will haunt this president throughout history,” he said.

But polls have consistently said that the public largely blames the previous Republican administration more than the current White House for the state of the economy.

Also in his speech, Romney accused Obama of fashioning a new pro-business facade without an actual understanding of how business works, even implying that the president plagiarized his pro-growth rhetoric from Romney’s CPAC speech last year.

“The president is trying to show that he finally gets it—that he really isn’t a liberal after all. But his idea of conservative economic policy is to invite some corporate CEO’s to the White House for an evening of table-talk,” he said. “I’m sorry, Mr. President, but that’s not a policy, it’s a dinner party.”

“If I decide to run for president,” he added, pausing for a boisterous moment of encouragement from the crowd, “it won’t take me two years to wake up to the job crisis threatening America. And I won’t be asking Tim Geithner how the economy works—or Larry Summers how to start a business.”

And he tied free market ideals and capitalism to the notion of American exceptionalism – an ideal that Republicans often declare to be uncomfortable and unfamiliar to the current commander-in-chief.

"We believe in freedom, in opportunity. We believe in free enterprise and capitalism. We believe in the American dream. And we believe that the principles that made America the leader of the world today are the very principles that will keep America the leader of the world tomorrow.”

Early in his remarks, Romney also took shots at the White House’s diplomatic dealings and foreign policy strategy, although he avoided specific references to the uncertainty rocking Egypt. He slammed Obama as unsteady and incoherent in his handling of the New START nuclear arms treaty with Russia, the conflict between North and South Korea, and the uprising in Iran.

"An uncertain world has been made more dangerous by the lack of clear direction from a weak president," he said, later adding that he hopes the president will someday "finally be able to construct a foreign policy, any foreign policy."

The one thing missing from Romney's speech: any mention of the "ObamaCare" health-reform law particularly despised by this CPAC audience. Romney, so far, has struggled to make a solid argument against the president's health care law, which has many similarities to the law Romney championed during his tenure as governor of Massachusetts.


http://firstread.msnbc.msn.com/_news/2011/02/11/6033510-romney-its-going-to-take-a-new-president

Fanta46's photo
Fri 02/11/11 10:13 AM
Yes Willing,

He did what Obama suggested.

1 2 6 7 8 10 12 13 14 24 25