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Buell Forum » Quick Board » Archives » Archive through November 04, 2010 » Is Obama Keynesian? Funny Video. « Previous Next »

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Sifo
Posted on Tuesday, November 02, 2010 - 06:10 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)



Happy election day!

"The cornerstone of democracy rests on the foundation of an educated electorate" - Thomas Jefferson

"We are so boned" - Bender
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Buellkowski
Posted on Tuesday, November 02, 2010 - 06:16 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Touché, Sifo.
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Ferris_von_bueller
Posted on Tuesday, November 02, 2010 - 07:40 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Funny, the left likes to believe they are intellectual superior. "I went to college !!!!"
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Ridenusa4l
Posted on Tuesday, November 02, 2010 - 07:46 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

HAHAHAHAHA EPIC FAIL!

Jake
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Aesquire
Posted on Tuesday, November 02, 2010 - 09:37 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

"I think I know where you stand on Prop 19 sir."

LOL!!! Thanks Sifo.

That's nearly as good and even more scary than Penn & Teller's getting signatures on a petition to ban Dihydrogen oxide at a Green rally.
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Cityxslicker
Posted on Tuesday, November 02, 2010 - 09:48 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Those that dont study economics, are bound to loose their money to somebody that has.
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Sifo
Posted on Tuesday, November 02, 2010 - 09:52 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

The great thing about this is that it doesn't rely on animated bears to misrepresent anyone.
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Court
Posted on Tuesday, November 02, 2010 - 09:58 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

>>>The great thing about this is that it doesn't rely on animated bears to misrepresent anyone.

It was like watching the Discovery Channel and seeing blooming idiots in their natural habitat.
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Cityxslicker
Posted on Tuesday, November 02, 2010 - 11:08 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

My econ professor at UofW was (Dr. Ellison) an aide to Keynes when he drafted parts of the Marshal Plan. Some inciteful stuff. Basicly the Cold War was a battle of who could out spend whom with upfront production and armament placements.... had the Soviets not lost in Afghanistan and the world understood how weak they were against an intenched untrained ethnic insurgent force.... we probably would have been in a deficit siphon a decade earlier.
And now that China knows that we are in the same position the Soviets were twenty years ago, the tables have shifted again.

Afghanistan, the graveyard of empires.
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Kyrocket
Posted on Wednesday, November 03, 2010 - 09:40 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

YOU PEOPLE, YOU PEOPLE, WHAT MORE PROOF DO YOU WANT?

Hahahaha, that was funny.
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Reducati
Posted on Wednesday, November 03, 2010 - 10:38 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

for the rest of us dumbies...... economics
From Wikipedia, the free encyclopediaJump to: navigation, search
Syndicalism · Third Way

Keynesian economics (pronounced /ˈkeɪnziən/, also called Keynesianism and Keynesian theory) is a macroeconomic theory based on the ideas of 20th century British economist John Maynard Keynes. Keynesian economics argues that private sector decisions sometimes lead to inefficient macroeconomic outcomes and therefore advocates active policy responses by the public sector, including monetary policy actions by the central bank and fiscal policy actions by the government to stabilize output over the business cycle.[1] The theories forming the basis of Keynesian economics were first presented in The General Theory of Employment, Interest and Money, published in 1936; the interpretations of Keynes are contentious, and several schools of thought claim his legacy.

Keynesian economics advocates a mixed economy—predominantly private sector, but with a large role of government and public sector—and served as the economic model during the latter part of the Great Depression, World War II, and the post-war economic expansion (1945–1973), though it lost some influence following the stagflation of the 1970s. The advent of the global financial crisis in 2007 has caused a resurgence in Keynesian thought. The former British Prime Minister Gordon Brown, former President of the United States George W. Bush, President of the United States Barack Obama, and other world leaders have used Keynesian economics through government stimulus programs to attempt to assist the economic state of their countries.[2]

(Message edited by reducati on November 03, 2010)
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Cityxslicker
Posted on Wednesday, November 03, 2010 - 02:26 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

The big basis of it is fundamental fiscal responsibility. Say that the government allocates itself from the IRS to another arm say the NEA 100k for the budget year. You know they are going to spend every penny of it, and at somepoint come back and say that it wasnt enough.
Now give money to a family or a business, and you cant guarantee the same response, they may reinvest some, may save some, may spend some, pay off some bills, ... but there would not be a guaranteed path to spending that you do with the govt. So the private sector is deemed 'less efficient' than government.

and know you see why they would fund squirrel highways in Arizona rather than, pay down the deficit, cut government expansion, tackle immigration....yadda yadda yadda. but hey, we have the best squirrel infrastructure in the world.
We're #1!
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