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Craig Fry
Trad climber
So Cal.
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May 14, 2015 - 03:51pm PT
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To get back to something more important
The Function of Government.
It's to provide the infrastructure for private business and the country's citizens to flourish. It's supposed to lose money initially as investments but gets paid back in the future by giving the people a good working environment so they can make more money, and hence pay more in taxes.
A road or a bridge doesn't make money, but it provides people the means to conduct business, education and everything else.
A regulated monetary and banking system, a justice system, police, fire, sewer, trash, military, roads, rails, air travel, food and drugs, clean air, water, education, electrical and internet service.... these are the commons, that need to maintained by the Gov. so we can use them to conduct our business and have family life.
We all use them, so to say you don't need the Gov. to provide anything means one thing, you are completely lost is some kind of selfish delusion.
Look at the money, it's the Gov.s money, you use it as a Gov. privilege.
A Free University does not make money, but the investment in education ends up paying in the end by professionals and scientists having higher paying jobs and hence paying more in taxes.
when we neglect our infrastructure so we can give the rich more tax breaks, then we are diverting the function of the Gov. into just providing Corporate welfare and wealth re-distribution. And that is all the Republican party has done. It's a race to the bottom.
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guyman
Social climber
Moorpark, CA.
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May 14, 2015 - 04:43pm PT
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CF... agree 100% with your statement.
But both parties give out corp welfare and are incapable of doing anything that works for the betterment of all of US.
Dem or Repub.... they are all serving a master who is not you or I.....
Thats why this time I am going to go with whoever looks like a new broom.... and that will not be a BUSH or a CLINTON.
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Larry Nelson
Social climber
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May 14, 2015 - 05:10pm PT
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IMHO, the great recession was a failure of ethics at all levels of American society.
Everybody wanted something for nothing. Rich, poor, old, young, left, right.
The greed of Wall St is well documented, but even the poor schmuck who got an unaffordable sub-prime loan was looking to cash in on equity before the balloon payments, especially in coastal California...something for nothing.
Look at the list of CEO's for Fanny & Freddy...political operatives without the financial skills of Wall St wolves, but still cashing in with the best of the wolves.
As someone mentioned earlier, the American economy runs under it's own momentum, and the Federal Reserve probably has more bearing on economics than any president.
As for today's economy and the booming stock market, I would say look at the number of full time jobs now compared to 8 years ago. Total number of people working full time jobs, not unemployment statistics.
I do hope my fear that the stock market may be coming into a bubble is wrong.
The federal deficits of the past several years dwarf Bush's deficits. Does that make Bush a stimulator?...hee hee.
How much money has the Fed been printing since the recession started? Will that have any affect on the future economy and how?
I understand that federal regulation is something that is necessary. However, is there a point when it becomes a burden on the economy and small business in particular? (I admit it's a rhetorical question)
How much has federal regulation increased in the past 8 years?
And then there are the financial problems of most states. Basically the trouble is the stranglehold that public sector unions have on state budgets.
And just who are the public sector unions protecting their workers from? Isn't that what unions are for, to protect the workers? So who's the boogie man? Us taxpayers? Really?
Sometimes I think in bemusement that the baby boomer generation took all of the gifts of the previous generation, squandered it all, and now looks to the next generation to fund the rest of their lives.
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Craig Fry
Trad climber
So Cal.
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May 14, 2015 - 05:26pm PT
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How much has federal regulation increased in the past 8 years? It's barely budged in the last 7 years.
I would like to see a list of burdensome regulations that Obama imposed.
It's probably so huge that it would be unlikely that it could be posted on one page.....Not
just another red herring to divert from the true cause.
The Republicans imposed more burdensome regulations than any Democrat in History,. that's a fact.
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Reilly
Mountain climber
The Other Monrovia- CA
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May 14, 2015 - 05:32pm PT
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The Republicans imposed more burdensome regulations than any Democrat in History,. that's a fact.
HaHaHaHa! So why don't you show us them?
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zBrown
Ice climber
Brujò de la Playa y Perrito Ruby
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May 14, 2015 - 05:44pm PT
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One size isn't going to fit all. Don't pitch a fit.
Which "businesses" are y'all talking about? The little ones or those too big to fail ones we've all come to know and love.
I can only wish I'd had an S&L when Mr. Reagan was the president.
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zBrown
Ice climber
Brujò de la Playa y Perrito Ruby
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May 14, 2015 - 06:18pm PT
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According to a recent poll, over a third of basketball fans think that Michael Jordan, at the age of 52, could still beat present-day LeBron James.
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Gary
Social climber
From A Buick 6
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May 14, 2015 - 06:19pm PT
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The problem is that we're a Nanny State...a corporate Nanny State.
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zBrown
Ice climber
Brujò de la Playa y Perrito Ruby
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May 14, 2015 - 06:58pm PT
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microcosm? is there a mini-cosm? manframe?
One of these words is not like the others (or maybe they're all pretty much the same -- you make the call): Loon, nutjob, crank, wingnut, whackjob, cuckoo, crackpot, dingbat, wacko, conservative. "
But even if we disagree with this tired old characterization of Reagan as a weather-vane, essentially mindless, adjusting himself chameleon-like to his surroundings, we can think about it and argue about it – until we interrogate his sources so helpfully provided, and then we go back to feeling queasy and a bit angry. The incredible transformation that happened in and to America in the 1970s is plenty dramatic enough without being finessed and stage-dressed and falsified. The rise of Ronald Reagan is the single most important social and political American phenomenon of the last 50 years—perhaps, ultimately, of all American political history. It deserves a better, more careful, more conscientious, more trustworthy book than it gets here.
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Craig Fry
Trad climber
So Cal.
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May 14, 2015 - 07:47pm PT
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Forum bullies insinuate that Bush did not impose more regulations than Obama, and don't bother to Google it first to make sure they aren't wrong..?
Why not just ask nicely?
is it necessary to question everything and add snide remarks but not bother to check it out to be sure if you are not wrong first???
I does make you look like knee jerk reactionaries.
http://origin.democrats.org/news/october-18-GOP-debate/president_obama_has_reduced_eliminated_unnecessary_regulatory_costs_and_bur
Fact Check
President Obama has Reduced, Eliminated Unnecessary Regulatory Costs and Burdens
January 08, 2012 at 10:20 a.m. ET
Despite the Republican rhetoric at this morning’s debate, President Obama has taken smart steps to reduce regulatory costs and burdens on businesses - including eliminating unnecessary regulations - while passing reforms that protect American consumers from deceptive lending practices, stop credit card companies from unfairly raising rates and force the big banks to play by rules.
REALITY: PRESIDENT OBAMA HAS CHANGED THE REGULATORY CULTURE IN WASHINGTON TO REDUCE REGULATORY COSTS AND BURDENS
The Bush Administration Imposed More Regulatory Costs In Its Final Two Years Than The Obama Administration Imposed In First Two Years. [The Hill, 8/26/11]
President Obama Signed A Landmark Executive Order Requiring Agencies To Develop Tools To Eliminate Regulations That Are Ineffective Or Burdensome. [GPO.gov, 1/21/11]
President Obama Issued A Memorandum Directing Agencies To Ensure They Do Not Place Unjustified Burdens On Small Business Owners. [WhiteHouse.gov, 1/18/11]
The Obama Administration Issued A Memorandum Directing Agencies To Provide Taxpayers With Easier And More Comprehensive Access To Regulatory Information. [EOP Memorandum, 4/7/10]
The Obama Administration Has, For The First Time Ever, Required Agencies To Engage With Members Of The Public Affected By A Potential Regulation Before They Issue A Notice Of Proposal. [Senate Hearing On Federal Regulation, 6/23/11]
Bloomberg Found That The Obama Administration Had Approved Fewer Regulations Than The Second Bush Administration Through The First 33 Months Of Each Administration’s Tenure. [Bloomberg, 10/26/11]
REALITY: THE OBAMA ADMINISTRATION HAS ELIMINATED UNNECESSARY REGULATORY BURDENS
President Obama Initiated An Overhaul Of The Regulatory System Which Will Roll Back Hundreds Of Burdensome Regulations, Saving Businesses More Than $10 Billion In The Next Five Years. [Politico, 8/23/11]
During The Obama Administration, Tens Of Millions Of Hours In Paperwork Related To Regulations Have Been Eliminated, Saving Businesses Hundreds Of Millions In Related Costs. [Senate Hearing On Federal Regulation, 6/23/11]
Under President Obama, The IRS Has Made Changes That Will Save Taxpayers 55 Million Annual Hours In Tax Reporting And Paperwork Burdens. [Senate Hearing On Federal Regulation, 6/23/11]
The Obama Administration Removed An EPA Regulation Defining Milk As An “Oil” Which Will Save The Dairy Industry $1.4 Billion In The Next Decade. [ORIA Speech, 5/26/11]
The Obama Administration Removed Over 1.9 Million Annual Hours Of Redundant Reporting Burdens On Employers, Which Will Save Businesses $40 Million In Annual Costs. [Senate Hearing On Federal Regulation, 6/23/11]
REALITY: THE OBAMA ADMINISTRATION HAS FILLED REGULATORY GAPS TO PROTECT TAXPAYERS
President Obama Signed Into Law Major Wall Street Reform, Which Protects Consumers By Closing Regulatory Gaps That Allowed Institutions To Be “Too Big To Fail”, Derivatives Markets To Operate In The Shadows, And Mortgage Lenders To Create Unnecessary Risk. [Senate.gov, 7/1/10]
President Obama Signed Into Law Major Wall Street Reform, Creating The Consumer Finance Protection Bureau, Which Will Protect Consumers From Unfair, Deceptive, And Abusive Acts And Ensure That They Understand Financial Products And Decisions. [Testimony Before House Subcommittee On TARP, 5/24/11]
President Obama Signed Into Law The CARD Act, Which Protects Consumers From Hidden Fees, Unfair Late Fees, And Shifting Interest Rates. [New York Times, 2/22/10]
President Obama Signed Into Law The Family Smoking Prevention Act, Which Allows The FDA To Prevent Tobacco Companies From Marketing Their Products Towards Young People. [The Washington Post, 6/13/09]
REALITY: BUSINESS LEADERS HAVE PRAISED PRESIDENT OBAMA’S REGULATORY REFORM
Goldman Sachs CEO Lloyd Blankfein Praised Regulatory Reform, Saying It Would Make The Market Safer And Benefit Consumers. [The Hill, 4/27/10]
Morgan Stanley Chairman John Mack Said He Was “Very Supportive” Of Financial Regulatory Reform And The Creation Of A Systemic Risk Manager. [New York Times, 3/22/10]
A Global Manager Of Moody’s Investors Services Called Regulation Of Credit Rating Agencies “Positive For Our Industry And The Broader Market.” [House Committee On Financial Services, 7/11/11]
The President Of Standard & Poor’s Said That The Ratings Agency Supported Recent Regulatory Changes, Specifically Financial Regulatory Reform Addressing Undue Reliance On Ratings In The Market. [House Committee On Financial Services, 7/11/11]
The Wall Street Journal Praised President Obama’s Choice To Head The Office Of Information And Regulatory Affairs, Calling It “Savvy” And “Promising.” [The Wall Street Journal, 1/20/09]
are you Happy now!
after being debunked for the 1000th time
I still haven't seen the list of burdensome regulations that OBAMA imposed that is Killing business, nor will we ever see it, because it's just more BS that you guys have an never ending supply of.
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wilbeer
Mountain climber
Terence Wilson greeneck alleghenys,ny,
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May 14, 2015 - 07:58pm PT
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Even Forbes magazine admits that the ACA is better than they predicted.
Look it up as Craig says or just keep insulting.Or bettert yet tell me to read the federalist papers or some other ,that are 200 years old.
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Larry Nelson
Social climber
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May 15, 2015 - 05:50am PT
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Hey Craig,
Well, I've been called far worse than a knee jerk reactionary, NTTAWWT.
I asked the question about regulation because I have read about it here, I am too lazy to Google it, and I don't live this stuff everyday.
Did you really just cut and paste a piece right from the DNC?
It's like one stop shopping.
Could this be called confirmation bias? (I am no better and certainly have my own confirmation biases)
Look, I don't much care for either party and can get pretty irreverent about it. I see that each party hypes their good points and misrepresents the positions of the opposition.
So how would you imagine a hard core republican would counter the DNC link you pasted?
Do regulations have a business cost?
Is there ever a point where regulations become counter productive?
Would you imagine the largest corporations inviting more regulations? Why would they? (Hint: it would be under the heading of crony capitalism)
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zBrown
Ice climber
Brujò de la Playa y Perrito Ruby
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May 15, 2015 - 07:31am PT
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Anyway, in the immortal words of Bill Clinton it all depends on the meaning of "is". Note he didn't say OZ. Which strongly implies that he didn't "interpret the question incorrectly" which strongly further implies that a Bush at hand is not worth two rocks.
"It depends upon what the meaning of the word 'is' is.
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apogee
climber
Technically expert, safe belayer, can lead if easy
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May 15, 2015 - 08:13am PT
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"I asked the question about regulation because I have read about it here, I am too lazy to Google it, and I don't live this stuff everyday."
Well, Larry, Craig has done some of that work for you, and provided a compilation of sources that make his point....sources that include conservative media such as WaPo, WSJ, Bloomberg...
Not that this will matter much. People's minds don't change very much, no matter how many facts are presented to them. Most live in their own little echo chambers, seeking those who say the kinds of things they want to hear, and disclaiming just about anything else.
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dirtbag
climber
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Jun 15, 2015 - 03:21pm PT
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crankster
Trad climber
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Jun 15, 2015 - 04:05pm PT
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Ditto, dirt.
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SteveW
Trad climber
The state of confusion
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Jun 15, 2015 - 04:11pm PT
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Sir Edmund Hillary, maybe!!!!
(RIP).
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skcreidc
Social climber
SD, CA
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Jun 15, 2015 - 04:13pm PT
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THis nation has been sold out lock, stock, and barrel. I feel a bit like this poor smuck in Catch 22.
[Click to View YouTube Video]
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Ksolem
Trad climber
Monrovia, California
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Jun 15, 2015 - 05:20pm PT
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It blows my mind that so many people support an ultimate Washington insider, multi billionaire, with more baggage than Imelda Marcos based more on what's between her legs than what's between her ears.
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