Jmmx, Reagan and his ilk are snobbingly looking down at you and me, and abusing us with name calling, but this is what Rightwingers do, ad hominem and a logical fallacy because they refuse to address the issue that we raised. I expect no more from them. *S*
Regarding the economy, they refuse to face the fact that Bush ushered in Part 1 of his insane economy, then borrowed heavily to cover over the bad economic fundamentals while he enriched his oil friends and no bid contractors with the people's money and, as he leaves office, he resentfully tanks it a second time, but much worse. I have not read of a president that tanked the economy upon entering and exiting his terms. It's truly an astoundingly negative and destructive event for the normal citizen.
Zach Bass, You or anyone please explain to me what is the form of the value/money that is lost in any such situation such as the tanking Bush economy.
Let's begin at the basic level. If I say that I lost a dollar when I dropped into the manhole, say by accident, the dollar remains there. It's lost in economic sense because no one can make any use of it any longer. It's out of circulation. It's truly lost. On the other hand, if a sewer worker finds it, he has made a huge profit on his labor; All she had to do is to pick it up and put it into her pocket. It's back in circulation. This I can understand.
Then if I loan you a dollar with the expectation of return, and you do not return the payment, then I lost a dollar. On the other hand, you gained a dollar. But the money was never lost, even though I lost it, because you gained it and because the money is still circulating in the economy. In other words, the economy, as a fiscal ecosystem, is still 100% intact because the dollar is not out of circulation. We absolutely know where the money is.
In the disastrous Bush economy, news says that this or that financial institution lost money. To whom/what is the money lost, and what is the nature of that money? Is it real like gold or is it only in potential such as money that would be gained from an investment, which I would not call the most real. I do not get this part at all, you know, where Lehman Bros, for example, lost money. Is this really true money or is it an expectation of money being accrued at some time in the future but not "real" money?
Brandon, Apple is going to do fine because most purchasers of Apple products have confidence in its aesthetic, technological, and innovate goals.
All you Rightwing whiners and NeoCons blame Liberals for your own failures, but then credit yourself and your Rightwing associates for any meager successes in the economy. Now that the Bush economy is tanking so speedily, you are desperate to find some Liberal group to blame it on.
You are all about blame and victimhood while your liberal use of the free-enterprise system just means that you are so very willing to privatize any profits but then socialize any losses. An egregious example is the nuke industry's view of the free market. It is now pushing for more nuke plants, not that any sane individual like me wants them. Yet it has no confidence that it can be profitable as a real, bona fide profint making operation. Proof is that it whined and wrung its hands to the Fed gov. that it has little confidence its own industry could achieve viability, so it asked -- and got -- federaly subsidised insurance to cover itself in the event of catastrophe over its own incompetence and that would cost over a certain amt. This is called the Price-Anderson Act.
This is but one example; This is your MO. Just face it.
Bush ushered in his bad economy and drained Clinton's surplus and he vindictivly went a big step backward by then raiding the SS Fund, and borrowing hugely to transfer wealth from the pocket of normal citizens into the vaults of the wealthy eletes with off shore accts.
Now What for Apple Investors? [View article]
Reagan and his ilk are snobbingly looking down at you and me, and abusing us with name calling, but this is what Rightwingers do, ad hominem and a logical fallacy because they refuse to address the issue that we raised. I expect no more from them. *S*
Regarding the economy, they refuse to face the fact that Bush ushered in Part 1 of his insane economy, then borrowed heavily to cover over the bad economic fundamentals while he enriched his oil friends and no bid contractors with the people's money and, as he leaves office, he resentfully tanks it a second time, but much worse. I have not read of a president that tanked the economy upon entering and exiting his terms. It's truly an astoundingly negative and destructive event for the normal citizen.
Now What for Apple Investors? [View article]
You or anyone please explain to me what is the form of the value/money that is lost in any such situation such as the tanking Bush economy.
Let's begin at the basic level. If I say that I lost a dollar when I dropped into the manhole, say by accident, the dollar remains there. It's lost in economic sense because no one can make any use of it any longer. It's out of circulation. It's truly lost. On the other hand, if a sewer worker finds it, he has made a huge profit on his labor; All she had to do is to pick it up and put it into her pocket. It's back in circulation. This I can understand.
Then if I loan you a dollar with the expectation of return, and you do not return the payment, then I lost a dollar. On the other hand, you gained a dollar. But the money was never lost, even though I lost it, because you gained it and because the money is still circulating in the economy. In other words, the economy, as a fiscal ecosystem, is still 100% intact because the dollar is not out of circulation. We absolutely know where the money is.
In the disastrous Bush economy, news says that this or that financial institution lost money. To whom/what is the money lost, and what is the nature of that money? Is it real like gold or is it only in potential such as money that would be gained from an investment, which I would not call the most real. I do not get this part at all, you know, where Lehman Bros, for example, lost money. Is this really true money or is it an expectation of money being accrued at some time in the future but not "real" money?
Now What for Apple Investors? [View article]
Apple is going to do fine because most purchasers of Apple products have confidence in its aesthetic, technological, and innovate goals.
All you Rightwing whiners and NeoCons blame Liberals for your own failures, but then credit yourself and your Rightwing associates for any meager successes in the economy. Now that the Bush economy is tanking so speedily, you are desperate to find some Liberal group to blame it on.
You are all about blame and victimhood while your liberal use of the free-enterprise system just means that you are so very willing to privatize any profits but then socialize any losses.
An egregious example is the nuke industry's view of the free market. It is now pushing for more nuke plants, not that any sane individual like me wants them. Yet it has no confidence that it can be profitable as a real, bona fide profint making operation. Proof is that it whined and wrung its hands to the Fed gov. that it has little confidence its own industry could achieve viability, so it asked -- and got -- federaly subsidised insurance to cover itself in the event of catastrophe over its own incompetence and that would cost over a certain amt. This is called the Price-Anderson Act.
This is but one example; This is your MO. Just face it.
Bush ushered in his bad economy and drained Clinton's surplus and he vindictivly went a big step backward by then raiding the SS Fund, and borrowing hugely to transfer wealth from the pocket of normal citizens into the vaults of the wealthy eletes with off shore accts.