Poll shows surge for O'Donnell in Delaware...

[daisy dog]

http://www.monmouth.edu/polling/admi...MUP37_DE_2.pdf

[Rusty]

[max1]

[gravenewworld]

As always the devil is in the details, notice how the poll is composed 87% of white voters, while DE has a minority population of roughly 30%. You're kidding yourself if you think the majority of minorities will side with that lunatic COD.

[max1]

As always the devil is in the details, notice how the poll is composed 87% of white voters, while DE has a minority population of roughly 30%. You're kidding yourself if you think the majority of minorities will side with that lunatic COD.

I dont know about that, money is a powerful motivator and right now a lot of people are hurting. Hurting enough to vote against the norm? I sure think so, and let me tell you why. I spoke to a homeless guy the other week and even he was upset about democrats in general, when the folks who need our compassion the most turn against the supposed compassion party anything can happen. We shall see, it’s just a few short days away, I don’t know whats going to happen, but I sure hope we elect a bunch of fiscal conservitives.

[gravenewworld]

No fiscal policy will work until the underlying problems that sent the economy in the toilet in the first place (lax oversight on big banks for instance) are properly addressed. The REAL reason for the current big deficits are due to decreased tax revenues, which are expected during any recession, and the big ticket tax cuts that Bush enacted in 2001 and 2003. Believe what you want, but the economic stimulus bills, both under Bush and Obama were not as expensive as the pundits out there want you to believe. Only 17% of the increase in government debt according to the non-partisan Congressional Budget Office was due to discretionary spending. Almost all economists even agree that if the government did absolutely nothing, the recession would have been much worse. Most Americans have an absolutely terrible understanding of the basic principles on how the macro economy works. The US government accounts for nearly 1/4 to 1/3 of the overall aggregate demand of the economy (in other words total GDP). Cutting government spending during a recession is probably one of the last things you would want to do. Fiscal conservatism works much better during periods of economic growth, for example the fiscal conservative policies of Clinton during the 90s.

[gravenewworld]

Preview: Tax The Rich - 60 Minutes - CBS News

Good bit this evening on taxing the rich. Finally a reasonable Republican. That guy knows what he is talking about.

[Raptor]

No fiscal policy will work until the underlying problems that sent the economy in the toilet in the first place (lax oversight on big banks for instance) are properly addressed. The REAL reason for the current big deficits are due to decreased tax revenues, which are expected during any recession, and the big ticket tax cuts that Bush enacted in 2001 and 2003. Believe what you want, but the economic stimulus bills, both under Bush and Obama were not as expensive as the pundits out there want you to believe. Only 17% of the increase in government debt according to the non-partisan Congressional Budget Office was due to discretionary spending. Almost all economists even agree that if the government did absolutely nothing, the recession would have been much worse. Most Americans have an absolutely terrible understanding of the basic principles on how the macro economy works. The US government accounts for nearly 1/4 to 1/3 of the overall aggregate demand of the economy (in other words total GDP). Cutting government spending during a recession is probably one of the last things you would want to do. Fiscal conservatism works much better during periods of economic growth, for example the fiscal conservative policies of Clinton during the 90s.

The first thing that needs to happen is to restore the firewall between commercial banks and investment banks. When that came down and the investment banks took over, we went to $hit. Worldcom, Enron...then the mortgage crisis featuring Citi, Goldman, etc...that's two strikes...until that regulation is restored, we're all f'd. Nobody's talking about that though...

[gongoputch]

The first thing that needs to happen is to restore the firewall between commercial banks and investment banks. When that came down and the investment banks took over, we went to $hit. Worldcom, Enron...then the mortgage crisis featuring Citi, Goldman, etc...that's two strikes...until that regulation is restored, we're all f'd. Nobody's talking about that though...

Many are talking about this, however it is not how it is popularly portrayed.
Glass-Stedman (sp) was a minor detail, the cause was the artificial inflation of housing prices past sustainable value, the requirement to offer mortgages to unqualified individuals and the manufacture of AAA rated securities based on them. The bad securities were implicitly guaranteed (risk was socialized while profit was privatized) by the government thru Freddy and Fannie. Who actually held said mortgages would not have averted the collapse once they went bad.

I got so sick of going over this I put up a page, Housing financial collapse - Gongowiki

[Joe Walther]

The first thing that needs to happen is to restore the firewall between commercial banks and investment banks. When that came down and the investment banks took over, we went to $hit.

BINGO!

Worldcom, Enron...then the mortgage crisis featuring Citi, Goldman, etc...that's two strikes...until that regulation is restored, we're all f'd. Nobody's talking about that though...

No one's talking about anything of essence involving real issues. It isn't because there are no people capable of discussing the issues on an intellectual level, there are plenty of them in this country... some of them right here on TD. But, it's just not worth the effort beating your head against the seemingly impenetrable wall of blathering partisan misinformation and preconceived notions.

The Republicans aren't going to replace that firewall nor are they going to discuss the sources of our economic woes or the fact that the economy lost millions of jobs before Obama even took office or that it lost another several million the first two months of his term before his policies even began.

And, key Democrats are in the hip pockets of almost as many bankers as are the Republicans. As well, they've shown no ability in keeping their own party factions towing the party line. Nor, have they shown any ability to to communicate in any meaningful way with the electorate.

Christine O'Donnell isn't the only Tea Party darling of monumental silliness, but she IS the one from Delaware. Any dweeb capable of breathing sans a respirator can be a revolutionary... Fidel Castro and myriad others are prime examples. Their revolutions have all either failed or are close to it because talk is cheap.

The sad fact for Delaware is that a sizable count of Republicans and some Democrats as well, actually think O'Donnell is a viable way to "show them Dems."

There is a bright side for the Democrats if she wins, though. She'll instantly replace Joe Biden as Delaware's originator of stupid things to say. In fact, she's just what he needs. She'll have him looking like an impromptu-speaking genius within two months of taking office.

[max1]

BINGO!




No one's talking about anything of essence involving real issues. It isn't because there are no people capable of discussing the issues on an intellectual level, there are plenty of them in this country... some of them right here on TD. But, it's just not worth the effort beating your head against the seemingly impenetrable wall of blathering partisan misinformation and preconceived notions.

Your right Joe, but at the risk of sounding partisan (in my case truthful) I want to respond to your post

The Republicans aren't going to replace that firewall nor are they going to discuss the sources of our economic woes or the fact that the economy lost millions of jobs before Obama even took office or that it lost another several million the first two months of his term before his policies even began.

Facts are that the job loss started in ernest under Clinton

"US manufacturing employment was in decline for nearly three years before Bush became President. It actually declined by 544,000 between the peak reached in March, 1998 and when Clinton left office, even as the economy added nearly 7.8 million jobs in all categories during the climax of a roaring economic boom that ended a few weeks after Bush was sworn in. In fact, 238,000 of those manufacturing jobs were lost in Clinton's last six month alone, showing that the decline was well-established even before Bush had spent a day in office."

FactCheck.org: DNC Ad Says Bush Lost Manufacturing Jobs

And, key Democrats are in the hip pockets of almost as many bankers as are the Republicans. As well, they've shown no ability in keeping their own party factions towing the party line. Nor, have they shown any ability to to communicate in any meaningful way with the electorate.

Christine O'Donnell isn't the only Tea Party darling of monumental silliness, but she IS the one from Delaware. Any dweeb capable of breathing sans a respirator can be a revolutionary... Fidel Castro and myriad others are prime examples. Their revolutions have all either failed or are close to it because talk is cheap.

We shall see come Tuesday evening :=)

The sad fact for Delaware is that a sizable count of Republicans and some Democrats as well, actually think O'Donnell is a viable way to "show them Dems."

This is the same reason we ended up with Mr. Obama, yea, those Dems showed us alright

There is a bright side for the Democrats if she wins, though. She'll instantly replace Joe Biden as Delaware's originator of stupid things to say. In fact, she's just what he needs. She'll have him looking like an impromptu-speaking genius within two months of taking office.

My opinion of Mr. Biden has improved since he has been elected.

[Roogle]

My opinion of Mr. Biden has improved since he has been elected.

Thats one for the books.