Government Shutdown Prediction Thread - Page 8 - Politics and Economics

Lol the crazy bizarro-world where everyone, including the MSM talked about "energy deregulation" in the 90s and "relaxed regulations" in the banking world. Love the "attack poster for repeating a fairly widely held opinion as if he just said the moon is made of green cheese" tactic. That's why you get all the fanboys. Wp.

Well you're right on one thing, they're not deregulated anymore.

Sarbannes-Oxley and margin requirements are relaxed, we get the meltdown. Energy is "deregulated", we get Enron. But of course, in AC-land neither of these remotely amount to a shred of cause-effect or evidence that less regulation might not be a good thing, or that maybe there was a decent reason for those regs in the first place.

And now we get to the "in before cognitive dissonance" part of our show where you hand-wave away with some vague assertion that just because less regulation = bad, does not mean zero regulation won't still result in a bountiful utopia for all.

04-09-2011 , 12:08 AM

#177

pvn

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Posts: n/a

Do you even understand what actually happened with the "deregulation" that led to enron-type problems?

04-09-2011 , 12:15 AM

#178

pvn

Guest

Posts: n/a

Hint: there's not a little knob they turn with "zero regulation" on one side and "max commie regulation" on the other. Deregulation isn't like letting water out of a tank. The regulation isn't a smoothly-distributed quantity.

04-09-2011 , 12:21 AM

#179

cres

Carpal \'Tunnel

Join Date: Oct 2007 Posts: 10,334

Quote:

Originally Posted by Former DJ

So here we have Speaker Boehner and President Obama announcing that an "agreement" has been reached and a government shutdown has been averted. It would appear that my "prediction" (of a Government shutdown) has turned out to be wrong. I beg to differ.

I am claiming a "technical" victory as the Government is now in a "technical" shutdown. The current Continuing Resolution (CR) expired half an hour ago with no new CR in place - and the vote for this "short term bridge" CR is not scheduled for a vote in the House for the next 72 hours. So the Government is now technically operating without a budget. Plus, neither the President (or Speaker Boehner) guaranteed that this short term bridge CR will pass a House vote, so the budget is still up in the air.

The real battles are still ahead. Just wait until they start fighting over raising the debt ceiling another TWO TRILLION dollars as well as the 2012 budget battles. It will be interesting watching how the Tea Party folks react to this "agreement" being forced down their throats. This war ain't over.

Last Minute Update: At least one segment of the Tea Party is steamed. MSNBC just splashed a tweet (reputedly from a Tea Party representative) that "Speaker Boehner has sold us out!" The tweet went on to declare that the Tea Party will mount a primary challenge against Speaker Boehner in the next election. Now it's really getting personal!

Former DJ

except the voting is in process right now, the Senate has passed their part. its off to the House.

04-09-2011 , 12:31 AM

#180

425kid

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Cnn: "obama at his finest"
fox: "boehner with a huge victory"

04-09-2011 , 12:33 AM

#181

will1530

self-banned

Join Date: May 2009 Posts: 5,773

Quote:

Originally Posted by 425kid

Cnn: "obama at his finest"
fox: "boehner with a huge victory"

lol

04-09-2011 , 12:33 AM

#182

Cotton Hill

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Quote:

Originally Posted by 425kid

Cnn: "obama at his finest"
fox: "boehner with a huge victory"

But the real winners are the children who were gonna get cancer if a shutdown happened.

04-09-2011 , 12:36 AM

#183

suzzer99

Save the Cheerleader, Save the World

Join Date: Nov 2005 Posts: 99,984

Fluorescenthippo is the big loser. He's going to have to pay to camp at Shenandoah NP now. But at least he'll have restrooms and TP. Central planning ftmfw!

04-09-2011 , 12:42 AM

#184

Low Key

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Join Date: Jan 2007 Posts: 33,327

Quote:

Originally Posted by Cotton Hill

But the real winners are the children who were gonna get cancer if a shutdown happened.

you follow reid's tweets?

04-09-2011 , 01:03 AM

#185

NeBlis

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Quote:

Originally Posted by Ineedaride2

This is true. On occasion, food regulations make food safer.

The only real question is, is the cost worth the result? I don't know, but nobody wants to talk about that anyway. If a billion dollars will save a life, then it was money well spent. Or a million. Or ten billion. Doesn't matter.

Quote:

Originally Posted by Ineedaride2

BTW, I read the jungle, and I know about the bleached hams.

Tell it to the hand.

PW3d by teh drunkz ... again

04-09-2011 , 01:07 AM

#186

NeBlis

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Quote:

Originally Posted by Ineedaride2

If a robot driven car kills 10 people, it's the governor of California. No way that's a coincidence.

fyp

04-09-2011 , 01:12 AM

#187

NeBlis

Carpal \'Tunnel

Join Date: Aug 2004 Posts: 12,039

Quote:

Originally Posted by pvn

Do you even understand what actually happened with the "deregulation" that led to enron-type problems?

if not go on your Netflix and watch Enron: The Smartest Guys in the Room

it details exactly how they gamed the system. The energy market was no where near deregulated ever. More like differentlyregulated at best.

04-09-2011 , 02:20 AM

#188

spike420211

banned

Join Date: Jun 2007 Posts: 9,509

Quote:

Originally Posted by pvn

And, of course, microscopes only work for federal bureaucrats. Mere mortals can never comprehend their complicated workings.

be your own USDA:
http://www.scientificsonline.com/mic...croscopes.html
http://www.scientificsonline.com/mic...ed-slides.html

04-09-2011 , 05:55 AM

#189

steelhouse

banned

Join Date: Feb 2007 Posts: 6,109

The real problem is not planned parenthood. The real problem is the SBA loans and housing loans. Removing those will help the economy not hurt it.

04-09-2011 , 09:15 AM

#190

Borodog

Enemy of the State

Join Date: Jan 2004 Posts: 25,491

Quote:

Originally Posted by NeBlis

Yeah, I was going to link that exact documentary.

04-09-2011 , 09:30 AM

#191

Boa Hancock

adept

Join Date: Jul 2010 Posts: 737

Quote:

Originally Posted by Cotton Hill

But the real winners are the children who were gonna get cancer if a shutdown happened.

The real losers are the children who will be spending their entire adult lives paying for the excess government spending we have saddled them with.

04-09-2011 , 10:17 AM

#192

Borodog

Enemy of the State

Join Date: Jan 2004 Posts: 25,491

Yeah, that's not going to happen.

04-09-2011 , 10:22 AM

#193

gfxhjk

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this is pretty amazing. raise spending in the trillions, cut ~2% of that, claim it is historic / biggest cuts ever / the great compromise / etc., still running at 1.5 trillion deficit

lol politics

04-09-2011 , 12:58 PM

#194

ColbertFan

adept

Join Date: Jun 2010 Posts: 1,037

Quote:

Originally Posted by Former DJ

Question 1: Will the Government shut down when the current CR (Continuing Resolution) expires on Friday, April 8th? (Yes/No?)

No.

04-09-2011 , 01:40 PM

#195

pvn

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Posts: n/a

Quote:

Originally Posted by Boa Hancock

The real losers are the children who will be spending their entire adult lives paying for the excess government spending we have saddled them with.

The outcome the republicans and tea partiers were pushing for, even if they got everything they wanted, wouldn't have changed that at all. The argument was over like 0.00001% of the national debt.

04-11-2011 , 12:28 PM

#196

dinopoker

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Quote:

Originally Posted by pvn

The outcome the republicans and tea partiers were pushing for, even if they got everything they wanted, wouldn't have changed that at all. The argument was over like 0.00001% of the national debt.

Exactly right. I don't even know how these people can talk about this with a straight face. It's totally mind-boggling. Like tea partiers are upset that they didn't get the 0.000015% of cuts that they wanted and John Boner is claiming a 'victory' because he got the full 0.00001% instead of the 0.0000994% the Dems were agreeing to. What kind of an alternate reality is this?

04-11-2011 , 01:02 PM

#197

obsidian

Pooh-Bah

Join Date: Mar 2005 Posts: 5,957

Quote:

Originally Posted by dinopoker

This is why budgets are talked about in terms of millions and billions and not percents. Saving a few million seems like a pretty big number imho.

04-11-2011 , 01:15 PM

#198

JohnWilkes

Pooh-Bah

Join Date: Dec 2007 Posts: 4,013

Quote:

Originally Posted by pvn

The outcome the republicans and tea partiers were pushing for, even if they got everything they wanted, wouldn't have changed that at all. The argument was over like 0.00001% of the national debt.

Your Math is so very poor. This is sixth grade stuff.