Matthews Sez It's "Not Fair" For Public To Trust Democrats Over Republicans On Balancing Budget
On "Hardball" today, Chris Matthews spoke with CNBC's Jim Cramer about a new Wall Street Journal/NBC poll which showed a majority of Americans trust the Democrats over Republicans on economic issues such as balancing the budget, taxes and government spending. Tweety claims the only reason for this is because they're mad at Republicans about the situation in Iraq -- and it's just so unfair to the poor Republicans. Cramer agrees with him and goes on to give us this comedy gold:
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"It is nuts, and of course if it were not for the war - and you can't asterisk a war, but we would have a balanced budget, we'd be able to spend more on social programs, but, you know frankly, the Democrats can't be trusted any more than the Republicans on this. What I think does - I think we think both Congress and the President are very out of touch with what's going on across the board. And look, anybody who bought a home in the last three years, Chris, is liable to be evicted. Do you hear either side talk about that?"
I'm not as economically savvy as Jim, but anyone with two brain cells to rub together knows that George Bush and the Republicans would have gutted as many social programs as they could get their hands on whether we invaded Iraq or not. As for government spending, the rubber stamp Republican-controlled Congress started their spending spree long before the invasion and as for nobody talking about rising mortgage foreclosures, I guess Mr. Cramer apparently missed the hearings held by the House Committee on Financial Services on Rising Mortgage Foreclosures this past April. Oh, and there is that pesky little fact that the last Democrat who lived in the White House not only balanced the budget, but left a surplus when he left office...
John Amato: Matthews must be looking for some of that Aqua Velva man love from the entire Republican Party.


Really Tweets? Remember a guy named Cliton who balanced the budget that Reagan and Bush I threw so horribly out of whack? Wasn't so long ago.
* Clinton (I'd better spell his name right!!)
Trust the Democrats? I don't trust either party. Sure it seems a little likely the few good apples in Congress are Democrats but in reality the few that are there probably don't care about party lines apart from it's their only way to get anywhere. The problem is the ones that want to do good aren't ruthless enough.
Hell Tweety has so much disdain for the public and the Democrats he doesn't even try to hide it.
You have to watch this Cramer meltdown, it is hilarious. He is blowing a gasket because his hedge fund cronies are getting soaked and he cries like a little bitch. He demands the Feds intervene and stop the market correction. WWWWWWWaaaaaaaaaaa!!!!
The housing market is serious as is the record forclosures but this guy is a f'ing loon.
http://www.youtube.com/watch?v=SWksEJQEYVU
Tweety this week's AssClown Majorus. The guy can't figure out what he's for or why he's 'for' it.
Pathetic, clueless, fat white idiot who thinks because some media morons pay him an obscene amount of money to bloviate that he has something worthwhile to say.
I think not Tweets.
I call BULLSHIT!
As I recall, the war funding is NOT INCLUDED in the budget!!
[Deleted--You are entitled to your point of view. You are NOT entitled to be disrespectful to the site, the community or the contributers. Please keep your posts civil.]
He is right those fiscal responsible Rape-Public-Cans didn't expand the national Debt 35% from 5.6 Trillion to 8.5 Trillion in the past six years, they didn't borrow 1.3 trillion in the first term alone, more than all previous presidents combined. They didn't give over 1.3 TRILLION in tax breaks and corporate welfare while waging two wars......Oh they did????!!!!!...Nevermind.
Here's a clip of Cramer going nuts the other day....
http://www.youtube.com/watch?v=cYPtCmdFCrc
Blah, blah, fuckin' blah. There is nothin' Tweety loves as much as the sound of his own voice.
Ya expect a Wall Streeter like Cramer to eschew the virtues of the more economically sound party, but Tweets would say anything just fer the aural stimulation.
Hey, BirdBrain: maybe there's been a political sea-change!
Isn't Tweety a moderate? Thass whut it say on his labia.
He doesn't have Clinto Derangement Syndrome
He's just deranged.
Chris @ 10:
Sorry for posting a link that's already been posted. That's what happens when you scan through the comments.
Tweety's a GOP-twat.
Remember: the GOP hates our freedoms. They claim that government doesn't work, and then they go and ruin government so it doesn't work. That's Rethug logic for ya.
In the meantime, children die ugly, horrible drowning deaths under broken bridges, soldiers die in a meat-grinder war (that the GOP's children don't fight in), our water quality is becoming poisonous, and people are losing real buying power but working longer hours for low pay. All this while the GOP and its religious attack dogs shove relgion down our throats and the government's nose into our private parts. THIS is what Republicans call America?
They are helping the terrorists win.
Chris @ 13:
Eh....What's not bad about a little redundancy every now & then? ;)
Really do not care for this guy's point of view....
But the truth of the matter is that I wonder even if we have anyone in politics with any pull, guts, or stones to protect us?...
After this FISA debacle I'm still blown away....
Why the hell is this even deserving of analysis and refutation (a tactic that never seems to deter the ideologically blinded, anyway)? His argument boils down to one simple concept, that if it weren't for all the money the GOP is throwing away with the war (we'll put aside the tax breaks for the rich, subsidies for big oil, big pharma, etc. for now), we'd have tons of money to be all progressive, just like the Dems (not that the GOP is ever progressive, but, again, let's stick to the inherent stupidity on display here). Let me rephrase:
I'd have plenty of cash if I hadn't already spent it (and maxed out my credit).
See, it makes perfect sense.
Your Conscience @ 5:
While I do not doubt that Cramer is a fucking loon and appears to be whining like a rich boy that lost his Hot Wheels in a game of War, please do not fail to appreciate the impact and fact that many brick and mortar banks, large and small, are heavily invested in CMO's. As the underlying loans bundled in these securitized offerings dwindle in value due to default, the equity in these bundled investments drop. Likewise, a holder's equity on the investment drops. Cash is king.
DavidtheDuke @ 3:
[Deleted. There are many sites where you can indulge in tin foil fetishes and NAU conspiracy theories. This isn't one of them]
Are people still desperate enough with Republican bashing to keep up with the Bill Clinton incantations. He cut one of the largest social programs ever in order to surplus the budget! Why this gives Dems any leverage over GOP is beyond me. Clinton was one guy, and not a Dem that I really associate myself with. Anyone remember the DMCA? Hardly the workings of a liberal Dem.
Ahem...the Dems aren't as fiscally responsible as the ReTHUGlicans? Hey Tweety! What bubble you lived in for oh, say, the last 40 years or so? The ONLY time we seem to have enormous deficits, and a skyrocketing debt, are when those fiscally responsible CONservative representatives are running things. Ronnie Raygun ring any bells? Bush Sr?
Chris @ 10:
ROFLMAO!!!!!!
I had to stop watchin'! Tell me, please, at what point Cramer screamed, "CALGON, TAKE ME AWAY!!!"
Anyone taking financial advice from JIM CRAMER is an IDIOT.
I set up a test portfolio two years ago. I actually set up two of them. I bought 100 shares of whatever company he recommended the day he recommended, and 100 shares of whatever company he thought was a dog. Two years later, the portfolio of his recommendations has lost about 60% of its value verses the portfolio of stocks he claimed were bad, at about 80%. The guy is a walking, talking, moron.
Cramer is something of an anomaly. Otherwise, intelligent, logical, and dealing with reality in the world of investments (he does actually know what he is doing..most don't), that shuts down when it comes to politics. That is quite an accomplishment for pettyness, self righteousness, etc.
V V
[Refers to deleted post]
Tweety will never appear on my TV screen again.
When's the last time a republican administration balanced the budget? Seriously? I bet women couldn't vote and black people weren't free at the time.
I just want to say a big THANK YOU to Bill Clinton..........I rest my case....
The last time we had a balanced budget ...IT WAS BILL CLINTONS FAULT..HAAAAAAAAA...LOL
"Economic savvy" is irrelevant when it comes to this Cramer person. Have you seen the videos of his tv tantrums? It doesn't matter what he says -- he cannot be trusted to think clearly.
Watch this, then ask yourself whether this man is thinking rationally:
http://www.youtube.com/watch?v=rOVXh4xM-Ww
WTF? Tin foil fetishes?
[Deleted. Feel free to start your own blog if you don't like how we run ours.]
mudshark @ 30:
Well DUH.
Haven't we had the Everything Is Clinton's Fault discussion before? :)
Cramer is a typical worthless network 'talking head' and as the posted raving video of him Friday shows, he is also dead wrong. The last thing the Federal Reserve should do is lower rates, ‘real’ inflation would continue skyward and the Fed will report the bullshit ‘core’ inflation numbers till Chimp can sneak out the back door in '08.
uh oh, Chris is going back to shilling for Republicans.
Remember back in the "get ready to invade Iraq" days?
Chris was one of the cheerleading media types who depicted Bush a magnificent leader.
Cramer had to change his Depends after that outburst. Tweety is irrelevant, the GOPiggies have been spending like meth heads.
tbhull @ 8:
Do you trust the democrats anymore???? I don't!!!! Not on anything. They decided to play nice and not upset the apple cart by staying away from impeachment and hoping to win in 2008 as the lesser of two evils, and it turns out that they are the "worser" of the two evils.
At least with the evil greedy horrible skunk republicans you know where you stand. The impotent, whining, incompetent, caving in on every issue, inconstant, "promised too much", pathetic lying weasel democrats just lie all the time and then betray you.
I have felt for sometime that WE are the ones having to lead them kicking and screaming to do what is right, and I'm f*cking sick of it. This isn't what we voted for.
Who does that idiot think the social programs will benefit? Here's a tip, Mr. Matthews-- when the general public hears "social programs", they think, "hey-- some of my tax money could come back to me, rather than being funneled into the arms industry".
Andy K @ 33:
jumpin baby jeeezzuuuuzzzz............I couldn't help myself ANDY.........I pulled that one on a bunch of cons at work..even the gremlin...hehehehehe they didn't know what to think.....(smilin big)
ummm yah, I think someone needs to take george's visa, mastercard, Amex, and discovery card away from him....cause remember, he's the teenager, you guys(the american taxpayer) are the ones who's name is on the bill
[Critical thought? More like the temper tantrum of a child. No one is forcing you to stay]
Somebody should tell Tweety that when you lie everytime you open your mouth and fuck-up everything you touch, lots of people, especially those that don't live in Wingnuttia, will not trust you about anything!
Tweety is an example of what drinking kool-aid will do to you.
"This is your brain. This is your brain on kool-aid. Any questions?"
As economic elitist member of the ruling class, of course Cramer and Tweety (sounds like a Seinfeld WB collaboration) favor the Republican's handling of the economy. The oligarchs can't stand the thought of we great unwashed masses sharing in "their" pie.
http://www.youtube.com/watch?v=cYPtCmdFCrc
WTF???!!!!!!!!??????
I don't even know what he's talking about half the time...but for Chrissakes calm down!
You know what I'd like to see? Someone get that passionate about the fact that our kids are over in Iraq getting blown to f*%$ing peices and killing half their country on the way out for a big lie. Don't you think that MAYBE instead of the MSM saying it's OK to passionate to the point of literally (listen to his voice shake!) CRYING over some descision by the fed, it would be nice to see people who are against the war show some passion about that?
Imagine that. Imagine if someone editorialized about our kids dying in HALF as passionate a spiel as Cramer had there. They'd be branded as an anti-war lunatic extremist in about 10 seconds. But he can cry becasue his rich buddies aren't getting much richer...for the time being. I've never seen a time where a good ole' Artie Lange 'WAAAAAAAAAAAAAAAAAAAA!' was any more in order.....
I don't know how anybody has the patience it takes to watch Tweety. He is so boring and it is always so predictable.
Let me guess, he spent no time tonight talking about the FISA mess but devoted his program to some form of Clinton bashing...am I right? If he did discuss FISA, he would have someone who is repugnant on to defend it--like Tony Blankey or Cross-eyed Christie, or any of the other goofballs who promote Bush/Cheney.
I'm actually surprised that he's on since it is August and I am sure that DC is emptied or emptying out. He was on Nantucket this past week and weekend. I'll let my friends here at C&L watch him so I don't have to.
Is Mathews an ex porn star? He sure knows how to suck cock and bull.
Enquiring minds and all that..........
tbhull @ 42:
Maybe you should take a class on critical thinking. It doesn't involve criticizing everything.
tbhull & Chuck:
So ya don't haveta scroll all the way up to find the commentin' policy, here's a link:
http://www.crooksandliars.com/crooks-and-liars-comment-policy/
IMO, ya can stand on yer soapbox all day long & shout it out to God and the world that purple is better than orange. But bring yer own soapbox. It ain't civil to yank Amato's out from under his feet.
Let's see..
Democrats in charge:
Y2K a non-issue
1993 WTC terrorists caught, tried, convicted, in jail
Balanced budget
Infrastructure investments
Longest peacetime expansion in the history of the US
Saddam contained
Worldwide respect up
President impeached for getting a BJ
-vs-
Republicans in charge:
Largest terrorist attack in history, no one caught/captured/brought to justice
Largest budget deficits ever
Infrastructure crumbles, citizens die
Lies, fabrications lead to never-ending war
Military stretched so thin, unable to protect the homeland
Unprecendented corruption, scandals
PresidentDictator not impeached (didn't get a BJ)And it's just not fair the way the republicans are scapegoated with all the problems!
that Cramer guy is lolo....can't stand him....bonkers nuts...
I almost forgot - I'm pissed about the balanced budget BS too (I feel like Cramer!!!!!!!!!!!)
I consider myself a capitalist- I've seen no othe succesful system. But this BS that all gov't regulation is bad just doesn't seem to be borne out empirically. Let's see...
Under Clinton:
1. A little more regulation: environmental, family leave, etc
2. Expansion of social programs social programs
3. Biggest economic growth in history
4. SURPLUS - not balanced, extra
Under Bush
1. Less regulation
2.Cutting programs
3. Maybe growth/ maybe not depending on what indicators you look at
4. Debt, and lots of it
If regulation is SO deliterious to the economy, how come it isn't?
Coke or Pepsi Coke or Pepsi Coke or Pepsi I SAY ORANGE JUICE!
Sorry J*, I stole your format :)
An open letter to those who disagree with the C&L Commentin' Policy:
IMO, if ya wanna get on yer soapbox and scream out day and night that purple is so much better than orange, well, that's great.
But bring yer own soapbox. Pushin' C&L offa their's is uncivil.
They should give Cosmo Kramer a show. He makes more sense than both of these kool-aid kowboys put together.
Chuck @ 53:
BOOOOO LARGE HEADED FRIEND....HOORAY BEER!!!
Chuck @ 53:
Free OJ!
Sorry about the redundancy. Somethin' weird happened, never saw the first comment post. Whoops!
mudshark @ 29:
I agree with you 100%. In fact, I was so pissed off, after hearing Chris Matthews go off, I wrote him the following e-mail:
I have one question to ask you Mr. Matthews: After Bill Clinton’s economic policies and George W. Bush’s economic policies, which made our economy better? Your claim that gave the Republican Party free, or I think it was free, talking points supports what most bloggers think of your frequent tendency to, from one day to another, blast the Democratic political Party. I know you would call it balance, but I don’t.
Joseph
I am so tired of his "off on" comments for and against the Democrats. The only thing that does not change for Matthews is his hatred for Hillary Clinton. She must of blasted him one day. He 24/7 hatred of anything Hillary stands to be the only thing that does not change for one day to the next.
Matthews is a very driving force over at MSNBC, and at times, I have watched this "half cocked" nut case flat out campaign for Republicans on his show. In last years Democratic drive to change the leadership in both houses, Matthews discredited almost every prediction the Democrats were winning their objectives. He knows media is power, and he knows how to use it. We have not heard the last of this manipulator.
Joseph
other Steve @ 45:
The Uber-Rich of the ReichWing, this Cramer dolt being on or a parasite of one, could care less about the death and destruction in Iraq. Oil is up. All is good. Fuck everybody and everything else.
Re ANDY K at 49 and 55
Isn't repetition grounds for deletion?
nothing personal Chuck........oj good...
Andy K @ 59:
Somethin' weird happened,
Maybe your dog ate your homework too...lolo just teasing, nuttin' personal...
Jim Cramer is a JOKE. His financial show is a carnival of greedy idiocy. It's Personal Finance for Morons.
The very fact that he is asked to comment on world affairs shows how totally corrupted and dumbed-down the media has become.
Doesn't this twit realize that Bush's tax cuts would have produced deficits even without the war?? Fuckwit.
Chuck @ 62:
Not when it's unintended, Chuck. I wouldn't gripe if the site monitor deleted the second.
This used to happen all the time, way back in the HaloScan days.
HaloScan sucks! I blame Bill Clinton!
mudshark @ 63:
Better than those Coke drinkin Democrats
Well, I am more economically savvy than Jim, having never managed to bankrupt a hedge-fund, and what I would tell Jim is that the federal deficit is currently around 8 trillion dollars. Of that amount, roughly 500 billion dollars has already been pissed down the Iraqi rathole. We have an additional 70 TRILLION or so dollars in unfunded liabilities, meaning that there is no honest way we can just pass the buck (social security, for instance) and no honest way to actually pay for them. Now, what this means, and what Jim Cramer will never say, because he has a vested interest in keeping the shell game going as long as he can, is that the only way the government is going to meet its obligations is to inflate its way out of them. That means that we can all be prepared for the dollar--which is now worth about 10 cents in 1950 terms--to inflate again, until it is worth more like 1 cent in 1950 terms. The government won't come to an end. You'll just discover that you can't buy a new house, because you'll be getting paid roughly 100,000 dollars for a mundane, low-level job, but houses will a split-level three-bedroom will be selling for 6 million.
When he said that I flipped too. I catch him pulling this crap all the time now. And, AGAIN, he
spoke of his favorite daddy-party guy, Giuliani, approvingly. And he was rattling off the names of
the wives of the candidates, and acted like Obama was sort of forgettable, for Chrissakes:
"Who's the other guy....?" Oh, yeah, OBAMA. Yeah, he gets a ZERO today.
Chuck @ 64:
S'okay, didn't take it personally! I can get as well as I give! :)
Seems Twitty doesn't consider the war spending as screwing the budget. What a first class as*hole.
That myth needs to die--the Dems are ALWAYS cleaning up after the Rethug deficit makers.
[Please restrict your comments to the topic and not other posters]
steve davis @ 68:
I agree.
And for this reason, any of you who have any significant debt better get out of it ASAP or you'll be looking for a new split level cardboard box on Sunset Blvd.
Chuck @ 67:
shirley you must mean those coke snortin child molsetin republicans....didn't another one get introuble recently.....with the McCain campaign or was it the Gullianni campaign....oh wait ...it was both...haaaaaaaaaaa
Sorry chuck, it's past beer-thirty. I was referring to TB, not you Dunno WTF happened
mudshark @ 74:
Nope, Republicans drink Pepsi, I am giving up my Coca Cola habit and switching to OJ...now where did I leave Ralph's phone number... must send more checks....
Considering it's the GOPS War then what these idiots are saying is a tad hypocritical, no?
The fact of the matter is ... It was the Repugs idea and decision to invade Iraq!
THEY decided to have a War instead of providing United States citizens with Health care and Education.
THEY decided to have their war instead of providing the United States infrastructure with it's needed funds.
These problems are all because of an incompetent ignorant stupid President and his team of greedy selfish partisan ^&*%s.
Blaming ANYTHING on the Democrats at this stage of the game is not only literally wrong but it is deliberately deceitful.
But then again these people are Delusional. You would have to be completely Delusional or completely stupid to be a Repug these days.
myiq2xu @ 75:
That's too bad, I always fancied myself as a rich white kid...
After all, nobody can trash a looming surplus like the Repugs, gutting popular programs, giving away the store to the rich, and then giving it away again to the Military Industrial Corplex, proving that government shouldn't be trusted to do squat, just like they always said.
In terms of trying to control the deficit, Carter and Clinton were the only presidents in the last 4 decades who really tried. Both had some success. Both were denigrated by the repukes as being fiscally irresponsible, anyway; and the the repukes went and spent us into a hole so deep we may as well forget about ever getting out of it.
And it's easy to see that, within a month or 2 of the next inauguration, Tweety and Cramer will be talking about how the Democratic Administration doesn't seem to be able to get a handle on the deficit. They were pretty damned quiet about the $%#@! deficit while Bush was letting it skyrocket. Oh, I'm sorry, it's the war that's causing it, huuh? You mean the illegal, unnecessary mess that Buttchops and Cheney got us into by lying repeatedly, that war? You mean the war that was going to cost us a negative $6 billion because Wulfie Wulfowitz promised that it would pay for itself, that war? You mean the war that President Moron waged and, for the first time in American history, refused to raise taxes to pay for, that war?
Here's Tweety in February, 2009: Well, she talked a good game while she was running for office, but President Clinton has had a month to end the war and bring the troops home and, as typical for a Democrat, she hasn't been able to do it!
These guys, in the final analysis, are all bullpoopers who either lie through their straightened teeth or honestly don't know what the frack they're talking about. America promotes dumb asses into high paying positions in the corporate media. America votes dumb asses into office. America cheers for dumb ass drug-sucking athletes. I'm not ashamed, I'm just very, very sorry for this country.
Pile @ 23:
Exactly. He's a fucking joke. No one should ever take X-TREEEEEEEEEEME! financial advice from someone else.
If no one knows what I'm talking about, just watch his stock picking show. He tries to turn it into a fucking ESPN3 Gravity Games sport event.
please. the conservative party is not the old conservative party. there's NO fiscal responsibility with these neocons today. from the medicare prescription drug plan (drug lobbyist's bill) to the "who gives a shit about the katrina blacks" attitude, these pricks simply dont give a shit about the poor or middle class workers. Tweety, go smell fred thompson some more you tool.
chlorocardium @ 79:
Ya seem to have fergotten the fact that they also gave it away to China.
can't go with Nadar......all those lost votes are one of the reasons we're in this mess. sorry Chuck...If the next election is close.....????
The noise you don't hear is any Republican calling for a balanced budget amendment.
Pile @ 73:
Nope. If we're going to hit double digit inflation, the time to get into debt is now, before it hits the fan. If you have a long term debt with a locked in interest rate, at any rate, inflation can be a boon. The $3,000 you pay each month will stay static, even while the 1950's value of that $3,000 drops lower and lower. Of course, your income has to stay abreast of inflation -- or nearly so.
mudshark @ 84:
I'm gonna take this opportunity to jump in and say that I'm startin' to like Kucinich. But I'd really like to see Gore in the campaign, or Feingold.
votingvet @ 80:
Me to. I was out on the porch today watching a storm come. For some reason I began to sing, "My country, tiss of thee, sweet land of Liberty........and I broke down and cried for our country and all the Liberty lost, all the lives lost. Sorry. I'm an old woman who remembers how this country used to stand for something. Can't help feeling the loss.
Andy K @ 83:
Indeed. And probably a few other times it was tossed to dogs that we just missed in the crowd...
votingvet @ 86:
Yes... the key is to lock in a fixed interest rate. If it fluctuates like in a credit card or adjustable rate loan... forget it. In fact, the reason why there are all these mortgage foreclosures recently is because people got suckered into an adjustable rate, and then when the Fed raised interest rates in the past 2-3 years to help boost a weak dollar... those people were SOL.
mudshark @ 84:
My tongue was in my cheek but only a little bit. I understand and agree with your argument but the Dems need to be threatened with loss. If the Repubs can pander to their base, why are the Dems so estranged from theirs?
Frankly, the next election is giving me strong Dukakis like vibes
This nonsense about balanced budgets are just a ruse to keep the government from using spending to get us out of a recession. Social Security was intended as a pay-as-you-go program, which means we don't need the lockbox and keeping the money out of the economy makes no sense anyway. We should be spending the money on education, healthcare, and things that would provide jobs.
Inflation's just another bogeyman as well. Wages generally go up with inflation (within reason, of course).
Andy..I have to agree that Kusinich is looking better....but can he win? I don't think so,Feingold is loking alot better than almost all of them but he's not getting in.Chuck....I'm feeling that vibe too.
Chuck @ 91:
Tongue-in-cheek or not, it's a whole lot better seein' old Ralphie-boy's name rather than He-Who-Ran-Fer-President-As-A-Libertarian-In-1988. That guy's trolls have been invadin' C&L en masse.
Cramer probably likes that guy- except that that guy wouldn't betray his own ideals to bail out the market when it fell on hard times. Or would he?
Gore/Clark is the best option..but neither have commited......or even hinted for that fact...I fear with Hillary we will get much of the same...maybe not as bad but it will be much of the same.But HC would still be a helluva lot better than what we have right now.
Andy K , guess what? I think Paul is the best candidate the Republicans could nominate.
I guess it would be a bit much to wish that an aging lump of infrastructure would dislodge from its perch and hit these ignorant asses in the head with all the force accumulated by all his tax breaks.
Chuck @ 96:
yeah...THAT would be a good thing.......it would make it all that much easier...BUT...there is no way the repub base would do it...which in a way is even better.
Cramer is an obvious conman who shouldn't even be allowed a show on NBC. He's admitted to market manipulation when he ran his hedge fund. If it wasn't illegal it was at least unethical. Anyone who listens to a word he says deserves to lose money. Invest in broad market indexes and buy more when they're going down. Investing isn't much more complicated than that.
As far as balancing a budget, that great conservative god Reagan had no major wars going on and more than doubled the national debt if I remember correctly. NO asterisks needed there. Without the wars Bush and Cheney would still give just as much to defense contractors.
Andy K @ 94:
First, Dukakis was hardly in anything resemblin' a "can't lose" situation. Not that any of the current Dems are in that situation, but it's obvious that the next GOP candidate won't be coastin' on the legacy of Stupor Mundi as HW coat-tailed Raygun.
Second, Kucinich is the candidate who does mirror the base of the Democratic Party. Anti-War, Universal Health Care, pro-Labor, pro-Middle Class, Enviromentally conscientous....But the question is this: Does Kucinich have a shred of cross-over appeal? He's kinda nebbishy, sure, but if his wife has a brain that matches the rest of her she could be a big factor in sellin' Denny to the general public.
The GOP seems to be askin' fer Hillary to be the candidate, but they must be aware of how many women who would normally vote Republican would split the ticket to vote fer a woman- specially a woman who is, fer the most, to the right of her fellow Dems. No, I won't vote fer her in the primary- I'd vote fer any other Dem(save fer Senator Bankruptcy Bill Biden) in that function. But if, in November of '08, Senator Clinton is the candidate, I'll vote for her. 'Cause I'm a yellow dog Democrat- and proud of it!
Just rename the show "Pie Hole"
Hey, um... has he ever had Jon Stewart on as a guest?
mudshark @ 98:
If ya go back two open threads, you'll find my thoughts on Paul.
Okay, no need to search. I think that the GOP has finally got it's own Lyndon LaRouche. The funny thing is that their LaRouche looks sane compared to the rest of their field.
What a MSM hack. Intellectually dishonest even if he were a schoolkid. The Repubnants' policy is to spend more on corporate welfare, and run a deficit to force cuts in social programs. The fact that so called journalists wont comment on this is proof of their commitment to their own self interests in reporting the news.
Tweety is such a disgusting revisionist shill sometimes. He has it in for the Clintons so bad he can't even acknowledge that Clinton balanced a budget, so its not such a hard concept for Americans to grasp that another Democratic president would do so again. Go back to speculating on Thompson's aquavelva, beltway idiot.
ANDY...yeah....I'm with you on that one...if push come to shove...I'd support her....but .....well, you know how I feel.
Chuck @ 96:
And, in specific regard to that comment, yeah, I'll agree. But that's kinda like callin' him the prettiest man in the penitentiary, no?
ok last one for this topic...WHERE THE HELL DID THEY FIND THIS LUNATIC CRAMER????one would think if their going to talk money.....one name..........GREENSPAN.......sheeesh
mudshark @ 107:
Hey, it's commercial television. Excitement sells. He could be another Ruckheyser, be right most of the time, but who'd tune in?
Goodnight, muddy and Chuck! Gotta be up and at it at 6:30!
I actually think the Saturday Night Live parody of Tweety has more journalistic credibility than Tweety himself. .
A.Citizen @ 6:
Word!!
Yeah, I saw that. Tweety was vile.
Tweety, in case you forgot, the last president to balance a budget was a Democrat, you fat letch.
Hey Chuckie.....you wouldn't be the former coach of the Raiders would you or maybe your working in Tampa now.....(just kidding)LOL
Yo Chris,
If it weren't for the war the budget would be balanced? How much has the war cost? Let's be generous - 1 trillion? What was the deficit heading into W's first term 3 trillion? Maybe even 4. What is it now? 9 trillion. Chris, are they teaching new math over at your channel? How does 4+1=9? Your "balanced budget except for the war" is at least 4 trillion in the hole. Can you explain that?
X.
This has to be a hoax because the honest, patriotic, and very good-looking, we've been told, Ms. Coulter has informed me that Mathews is a liberal.
Jo @ 88:
Hang in there JO..I know we bitch and moan alot.....but we're not done....not by a long shot.
Chris Matthews was also STUNNED that anyone could characterize the Democrats as better at cutting taxes than the Republicans. Obviously, the Americans who responded to that poll know a lot more about the real history of tax policy and how it has effected their lives positively or negatively than Matthews ever will.
The two most famous Republican "tax cutters" in the modern age are Ronald Reagan and George W. Bush. In fact, their supporters will tell you all about it at the drop of a hat.
- Reagan cut taxes BUT he also eliminated most of the Investment Tax Credits in the tax code in the name of "simplification", which effectively left most American tax payers with no advantage at all (remember all those large tax deductions we used to get on credit card interest rates, auto loan interest rates, etc. that were whittled down to just the mortgage interest deductions after Reagan "simplified" the tax code?). Later, Reagan raised taxes 3 times. Bush the First famously broke his 1988 campaign promise to "read my lips, no new taxes" by adding new taxes.
- Bush the Second cut taxes primarily on the top margins, which has done virtually nothing to expand the economy or create new jobs since most of those people took the tax savings and invested it overseas. But for most other tax payers, their paltry tax cut was just got flushed down their gas tanks a couple of days ago.
The following are Democratic administration tax cuts that have actually created real wealth for more Americans than a dozen piddling marginal tax rate shifts signed into legislation by a dozen Republican administrations ever could, although it is rarely mentioned by anyone, including their supporters:
- Capital gains tax cut from 39% to 28% (Jimmy Carter, first Capital gains tax cut in 15 years)
- Capital gains tax cut from 28% to 20% (Bill Clinton, a greater percentage cut than either Reagan or Bush the Second)
- Signing into tax code legislation the HUGE tax advantaged 401K provision (Jimmy Carter 1978)
- Signing into legislation the HUGE wealth-building total tax exemption (read: TAX CUT) on the first $500,000 (married) or $250,000 (single) equity on the sale of a primary residence after only two years occupancy in the previous five years...as many times as you want in your lifetime (Bill Clinton)
- JFK famously CUT TAXES.
Folks, THOSE are important, meaningful TAX CUTS. And Democratic presidents signed them into legislation.
Most, if not all, of the piddling tax cuts by Republican administrations are more than offset by whatever other economic or foreign policy disaster they can't seem to avoid.
Chris had a Bad day today. It was all about dissing Democrats. He can't seem to get over Hillary, and now this. Poor Tweety, maybe he gets hormonal.
I wouldn't trust a Republican with a piggy bank and a calculator, frankly.
Since the economic data all the way back to Nixon not only doesn't support their statements but indicates that contrary, this colourful exchange doesn't really deserve any serious thought other than a reflection on how public perception is so erroneously twisted.
As Americans, when your children and grandchildren will be paying taxes in exchange for... nothing except paying down the debt to creditors, you have Ronald Reagan (above all) to thank for.
Chris Matthews memory holes the fact we were the lagest credit nation under Carter and the largest Debtor naton under Reagan, Bush 41 and 43. He'll do anything to "prove he's not a liberal"
Three words: Starve The Beast.
It's the neocon's published strategy. So, yes, the Democrats can be trusted more than the Republicans on this one.
I can guarantee that no Republican administration for years and years will ever try for a balanced budget. Balancing the budget would mean not having an excuse to say that there's no money to fund federal programs. That's exactly what the GOP wants; to defund anything the government does...except give out corporate welfare and fund wars.
Oh, and give Congress a raise every couple years.
-Brendan
"Hard-Ball" should be called "Hard-Bawl" boohoo! waaaa!
APART from the social programs, the aqueducts, the irrigation, the literacy, WHAT have the Romans done for us? (M. Python's Life of Brian)
If not for that hooker back in '95 I might still be with Liz Hurley now. (Hugh Grant, speculatively)
If not for this ridiculous boondoggle of a war, we'd be in fantastic financial shape. (Jim Cramer)
The way the Democratic campaign is going, you'd think that the debate over whose health care program would be better is so vital, but the horrendous fact is that as long as Diebold prospers, and it will according to Democratic Senator Feinstein, what the hell is the use? We all know that the GOP will "win" just as it did in the last two elections, and things will only get worse. I have to laugh though: Hillary Clinton, the weather vane, who has always waited to see what everyone else says first, before she comes out with her health program, she who is the second highest accepting of Lobbyist corruption health money, one has to remember: It doesn't matter.
[...] Court Contact the Webmaster Link to Article white house Matthews Sez It’s “Not Fair” For Public To Trust Democrats Over [...]
Next, Mr Hardball will say he can't believe 70% favor pulling out or Iraq when we are so obviously winning. The polls MUST be wrong.
Republicans don't believe in social programs, its their platform. My aunt is diehard, and she would kill to get rid of welfare and unemployment benefits because she (and most every pundit I see on tv) thinks all the poor are nothing but lazy bastards.
So, of course Bush would have tried to gut social programs.
Democrats have already passed a bill to increase children's health care. They care about social programs. Go take a stroll over to the socialist party of America website... its a great platform.
Um, Reagan couldn't balance a budget and he didn't even have a war.
Larry @ 126:
Why does he still show on MSNBC? His ratings are in dive mode. If he wasn't the lead in to Olbermann, he'd have no viewers at all.
"...even the best Democrats will admit,..." In other words, any Democrat that proposes responsible taxing and spending (like for inspecting bridges) is stealing your money.
Who can doubt anymore that Chris Matthews is as much a Republican as this Cramer douche bag?
Matthews?
I pay no attention to that asshole anymore. And apparently few others do. His ratings are at an all-time low and are getting worse every week.
http://www.mediabistro.com/tvnewser/
The Republican Platform is built on two words "cheap labor". The invasion of Iraq is the first step in establishing a US led global corporate empire, with a wealthy corporate elite living off of a global pool of “cheap labor”. Look at the vast amounts of money that are being poured into Iraq. This is bankruptcy by design because the best way to demonize and fight social programs is to drain them. Cheap labor conservatives can't have programs designed to lift people up to improve their lives because they need for the larger working force to be pushed down so far that they have no choice but to work for low wages. Republicans have opposed every improvement in wages and working conditions in US history. The first thing Bush did when he stole the office of the presidency was to bring back the very deficits Clinton had eliminated. Not one single Republican presidency has EVER balanced a budget, and this is not mistake on their part either.
What a couple of bulls$t artists.
"Oh, and there is that pesky little fact that the last Democrat who lived in the White House not only balanced the budget, but left a surplus when he left office…"
Good job at telling only half of the truth.
What you failed to mention is that the Democrat you refer to had to work with an opposition Congress. Neither party will balanace the budget when they have both Congress and the White House. And both side use the claims of a plans to balance the budget as daggers to poke at the other side, yet once they find themselves in a position to live up to the promise, they go back on their word.
It isn't fair. They've been laying on the propaganda that Republicans are more fiscally responsible for years and yet people insist on trusting their lying eyes. Get with the program America! Don't make 'em come re-educate you. There are camps for that sort of thing you know...
I guess they think the corruption and bankruptcy of this country is OK as long as as they aren't effected.
Who cares about others and the future of others. As long as your in the circle and not effected.
That is a big part of the problem.
lets keep a few things in mind.
1. Bill Clinton was riding a huge wave of economic growth that was reflected in the nasdaq moving upwards exponentially (despite all of the hysteria during those days the blue-chips never really moved all that much.)
2. republicans controlled the congress.
3. democrats control the congress & senate now....
#3 is the most important point because the federal budget is not going down.... i wish the democrats would do something about that but it the numbers say they're doing just the opposite... federal budgets are going up, deficits are retracting a little bit in the last few quarters....
so, i have to agree with tweety here, to say democrats are fiscally responsible is a strange kind of lunacy.... to call the republicans fiscally responsible is just an outright lie, the last 6 years proved that.
"if it were not for the war" ???? as if the war is some accidental happening????
Jesus Murphy, they are spending 11 billion a month on that fucking war. Bridges are not being repaired, Katrina victims were left out in the cold, education was decimated, health care continues to be for profit. The WAR REFLECTS THE TOTALITY OF REPUBLICANISM... greed, waste, lies, avarice, negligence, incompetence. This is what they did with their power.
I say throw them all out & start over with people whom will balance a budget the same as I have to keep my check book, & let's privatize SS, & take it away from those in government who use it & don't count it against, the IOU's that it's backed up with.
Both of these guys are clueless blow hards. Clinton dug this country out of a $300Bn deficit and left with a $526Bn surplus. He and Gore were the ones who streamlined a completely bloated, inept and outdated government. That surplus didn't last through the first quarter of chimpy dick.
The only other president in recent history to run a surplus was LBJ (Dem). Without exception, every single repug president has left this country in worse a budgetary state that when he started.
Tweety should stop sniffing glue before his show and actually do some reading. I guess it's too much to ask for an informed media in this country.
let's not forget it was Gore who shut down a lot of corportate welfare and helped to create that surpuls that gorgie boy pissed away.
Matthews and Cramer are clueless. All they have to do is look at the data. Just look at the national debt for example. Heck, the Bush Administration has added more to it than all 42 other Presidents combined. In fact, they will soon have to raise the debt ceiling as its hovering around $8.937 trillion right now. Then you can take a look at the dollar. That thing is hovering around record lows against all other currencies around the globe. Its comical when I hear that Republicans are "fiscally responsible". If the Republicans are fiscally responsible I would hate to see what they consider fiscally irresponsible.
vunce @ 137:
Yours is the strangest kind of lunacy, Vunce. What are you smoking? Take your opposite world right wing propaganda elsewhere, moron.
Note to Chris Matthews: STFU.
Thank you.
Here's to all the moronic, sub-moronic reichwingnut con-servatives, corporatists, fair tax tooth fairies, etc....that will come onto this board blowing smoke (yes...this means you vunce):::: ****NOTE THIS IS JUST SINCE...BUSH CRIME FAMILY WAS PUT IN POWER BY SUPREME COURT IN '00****
Thom Hartmann: Roll Back the Reagan Tax Cuts - http://www.commondreams.org/archive/2007/08/06/3003/
THE ECONOMY: Since Bush has been president:
* over 5 million people have slipped into poverty;
* nearly 7 million Americans have lost their health insurance;
* median household income has gone down by nearly $1,300;
* three million manufacturing jobs have been lost;
* three million American workers have lost their pensions;
* home foreclosures are now the highest on record;
* the personal savings rate is below zero - which hasn’t happened since the great depression;
* the real earnings of college graduates have gone down by about 5% in the last few years;
* entry level wages for male and female high school graduates have fallen by over 3%;
* wages and salaries are now at the lowest share of GDP since 1929. (Great Depression)
There's not ONE economy....as much as the 'tax hating' feudalistic corporate hierarchy loving right wingnuts/con-servative libertarians...would like you to believe...
The one they & Greenspan kept bantering on about...is not one that you'll ever know...its the investor class one...(you know the 'captain's of industry' that 'always put their money back into the economy'...so lets give them more of it)...these are the dividend earners...the ones that mortgage their lives with their families for the pursuit of the almighty money and family values of destroying whatever gets in the way of the quest for more (there is never enough...an abyss of non-morality...and know...giving 1% of their net worth to 'charities' isn't giving back...its a tax write off)...
Yep...aspire to be that....and you'll have everything you 'want'...but nothing you really 'need'....
You're either a Gordon Gecko...or a Bud Fox (conscience or not)....
NEW YORK, Oct. 20, 2000
Bush: "This is an impressive crowd - the haves and the have-mores," quipped the GOP standard-bearer. "Some people call you the elites; I call you my base."
Gore: "In 19 days, prosperity itself is on the ballot," "Will we make the right choices and the right investments to keep our economy growing, or will we bust the budget and shortchange the future for a massive tax cut for the few?"
Those fiscally conservative Repubs have done a great job when it comes to saving government money. Just look at how well the budget was balanced under Reagan, Bush Sr. and the Shrub. Look at how little money was spent in areas such as military and war expenditures. But most importantly, look at how they reduced middle class taxes. That $400 dollars back from the shrub was less than 1/100 of what I already pay in taxes.
But it's the thought that counts. They call themselves fiscally conservative, ergo they must be good at conserving fiscally.
/sarcasm
Whenever I turn on MSNBC to watch Keith & it turns out its too early, I have to hit the mute button on the remote so I don't have to hear any of Tweety's bullshit.
More important than balancing the federal budget is understanding the quality of investment that government is making for future tax receipts. I would rather see the government run a budget deficit IF it was making quality investments in education and alternative energy research, rather than see the government run a surplus and make terrible spending decisions like the Iraq War and the senior prescription drug benefit plan (both of which have negative rates of return). Run this parallel in your own personal life (education loans vs. a credit card weekend in vegas) to understand that not all deficts are created equal.
What everyone is missing here is that acumulated borrowing is a very small portion of future GDP - provided that GDP continues to grow. That is the key. What will be growth rate in future years? A 2% average growth rate vs. 4.5% can mean all the difference. Ultimately U.S. bonds are priced on the perception of our future ability to pay. Of course, the year to year deficts cannot get too far out of wack. This is why Clinton had to make the tough decisions in 93-94 to break the GAP.
Logan -
The housing crisis (aka the new credit crunch) has totally bipartisan roots. The housing crisis is mostly the result of Alan Greenspan. Both Dem's and Rep's were just as eagar to bend over to him. While stagnated wages was a minor player, the major reason was the ridiculously easy access to credit for a number of years. Whenever the interest rate stays below the rate of inflation, you are going to get a bubble. For a very long period the interests rates were imposibly low. Please show me the large democratic protests during this time to Greenspan. People were almost unanimous in their cheering of Greenspan.
Now the shit is starting to hit the fan in housing and we want someone to blame. Give me a break on the vanity congressional hearings. We're all to blame.
Not fair? What is this a grammer school fight? That's where everyone swings their fist in the air, and if the other guy gets hit at all is because he walked into it, before a teacher or a crack dealer breaks them up.
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