Thursday, February 19, 2009

THE RIGHT'S HYPOCRISY

One of the best responses to the rightwing's hypocrisy can be found here. Check it out.

11 comments:

JIm said...

Right wing commentators may rant, but stock markets are souless and have no idiology.

1005 S&P 500 11/4/2008 Election Day
778 " " 2/19/2009
-227 " " loss since 11/4/2009
22.5% Loss since election day

The S&P is down another 1.1% so far today.

The market has apparently looked at our new leaders and their policies and have found them wanting.

Butch in Waukegan said...

"Right wing commentators may rant, but stock markets are souless and have no idiology."

But you have an "idiology ". You're an idiot.

"The market has apparently looked at our new leaders and their policies and have found them wanting."

So why have an election? Why not let the almighty market decide? That's the logical exension of your comment.

But would you and your ideological soul mates really want that? Let's use the S&P 500 to measure Bush's performance.

Bush's inauguration, 1.20.2001: 1,343
Invasion of Iraq, 3.20.2003: 876
Highest close in history, 10.9.2007: 1,565
Bush's last day in office, 1.19.2009: 850

Get your facts first, and then you can distort them as much as you please. - Mark Twain

JIm said...

Butch, you throw personal insults around very freely. It is a shame that we have not had the opportunity to meet face to face. My guess is that you are a cowardly fellow. Maybe I will find out some day.

JIm said...

Obama hits back at 'tea party' rant
Spokesman says CNBC analyst should switch to drinking decaf

Butch shows all the qualifications to serve this new administration. Gibbs should be concerned for his job. Good old Butch could do just as good a job.

JIm said...

Even Krugman the Left's apostle of Socialism is having doubts about Obama's efforts and FDR's great "triumph" of the 30"s.

"Well, the Great Depression did eventually come to an end, but that was thanks to an enormous war, something we’d rather not emulate. The slump that followed Japan’s “bubble economy” also eventually ended, but only after a lost decade. And when Japan finally did start to experience some solid growth, it was thanks to an export boom, which was in turn made possible by vigorous growth in the rest of the world — not an experience anyone can repeat when the whole world is in a slump."

JIm said...

Another Lefty, Michael Kingsly, has a problem with Obamanomics.

"But even if the stimulus is a magnificent success, the money still has to be paid back. The plan of record apparently is that we keep borrowing, spending and stimulating, faster and faster, until suddenly, on some signal from heaven or Timothy Geithner, we all stop spending and start saving in recordbreaking amounts. Oh sure, that will work. "

Lally said...

Interesting Jim that you respond to Butch's accurate use of your own measure to show Obama's predecessor in a bad light and all you can do is threaten him. As for Krugman, you isolated those quotes from a larger body of work that makes clear his objection to Obama's stimulus plan isn't that it shouldn't happen but that it isn't big enough. The reason WWII finally ended the Great Depression is because finally the government had the war to use as justification for the massive government spending that ended the depression for good. But in the years before the war almost all the financial indicators were heading in the right direction and had been since FDR instituted the New Deal, with the exception of 1937 when republicans gained some power in Congress and blocked some of the New Deal stimulus programs and instantly the financial indicators turned down. Hmmmmmm.... And the Obama camp has made clear that their intention is to start cutting spending as soon as possible and heading the countryu's deficit down, as opposed to Bush Junior whose tenure saw it do nothing but rise and rise and rise until he had accumulated the largest deficit in the history of our country and yet Jim and his ilk never raised a single objection to that. It's all about power and ideology on the right, thank God for Obama who has demonstrated again and again that he isn't an ideologue or power monger, he is a moderate and a pragmatist and is taking the steps that seem most moderate and pragmatic. If anything is to be criticized about that, it's that the times call for less moderation and more radical measures, like a trillion or more stimulus plan and the nationalization of the failing banks.

Butch in Waukegan said...

Admittedly there was a little bit of adolescent poking-a-stick-into-the-cage when I called JIm an idiot, but he tee'ed that one up and I couldn't resist. JIm has mastered cut-and-paste but evidently hasn’t discovered spell check.

Here's what's really going on. JIm makes an assertion (about the market) and I counter this with facts. In his following 4 responses he 1) challenges me to a fight, 2) cuts and pastes citations that have little to do with his original assertion, and 3) asserts that I'm a spokesman for Obama.

Regarding #1, this appears to be a recurring tactic when Jlm’s words fail to convince. A couple of posts ago I learned that Jlm also has a decades old seething resentment of Michael because of physical confrontations in the old neighborhood. Here we're having a confrontation with ideas. Jlm should go to a gym or see a therapist to work out his problems.

Regarding #3, if Jlm would stop his furious cutting and pasting and actually read and consider what’s written on Michael’s posts and the comments he would know that I am not a defender of Obama. Far from it.

But this does not fit into Jlm’s myopic idiology, where everything is black and white.

JIm said...

Mike, you continue to ignore FDR's own Treasury Secratary, Henry Morgenthau who in 1939 said the FDR economic measures were a failure and just raised the national debt. You also seem to ignore, even Krugman, who contrary to your many assertions acknowledges that the depression ended because of the war.

As the for the bad spelling and school boy pugnacity, I plead guilty. I often type in the dark because my fifteen year old daughter seems to fall asleep in the family room. I suspect the pugnacity comes with the Irish genes. By the way, what kind of a name is Butch? I am reminded of the pudgy bully from "Our Gang" who picked on Alfalfa and kicked the dog. Or possibly a female who likes comfortable shoes and stuffs her ample body into a Code Pink tea shirt. The reasoning and shrillness fits either picture.

JIm said...

Mike, you continue to ignore FDR's own Treasury Secratary, Henry Morgenthau who in 1939 said the FDR economic measures were a failure and just raised the national debt. You also seem to ignore, even Krugman, who contrary to your many assertions acknowledges that the depression ended because of the war.

As the for the bad spelling and school boy pugnacity, I plead guilty. I often type in the dark because my fifteen year old daughter seems to fall asleep in the family room. I suspect the pugnacity comes with the Irish genes. By the way, what kind of a name is Butch? I am reminded of the pudgy bully from "Our Gang" who picked on Alfalfa and kicked the dog. Or possibly a female who likes comfortable shoes and stuffs her ample body into a Code Pink tea shirt. The reasoning and shrillness fits either picture.

JIm said...

Obama addressed the "Summit on Fiscal Responsibility". Some where
George Orwell is smiling.

The stock market responded with an additional down day to 1997 levels. We are down 26% since election day. But who is counting?