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mises
Joined: 05 Nov 2007 Location: retired
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Kuros
Joined: 27 Apr 2004
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Posted: Tue Jan 19, 2010 9:27 pm Post subject: |
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| bucheon bum wrote: |
| bye bye health care reform. |
Possibly. But perhaps the Dems will scramble to pass it in the next two weeks. |
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Fox

Joined: 04 Mar 2009
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Posted: Tue Jan 19, 2010 9:27 pm Post subject: |
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Dissapointing. I don't even know how he can seriously suggest this. Obama won Massachusetts, and by a lot. I think that's enough to rule out any inane racism theories regarding this election.
Why is it so hard for some people to just accept Croakley, frankly, sucked as a candidate? |
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mises
Joined: 05 Nov 2007 Location: retired
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Posted: Tue Jan 19, 2010 9:28 pm Post subject: |
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| bucheon bum wrote: |
| bye bye health care reform. |
It wasn't good policy anyways. |
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pkang0202

Joined: 09 Mar 2007
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Posted: Tue Jan 19, 2010 9:31 pm Post subject: |
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| Fox wrote: |
| pkang0202 wrote: |
| This is a close race. Miracle would not be even remotely close to describe the race there. |
It being a close race is part of what's being called a miracle. We're talking about a pretty blue state here. |
A miracle would be an event that happens against ALL ODDS. Something that has a 1 in 100000000000 chance in happening.
It doesn't matter how long Mass. was a Blue state. That is irrelevant. What WAS relevant was for days before CNN wrote that article, polling numbers showed Brown and Coakley at a dead heat. Many polls shows Brown was a lead.
So, in a dead heat Senate race, the Republican can only win if they get a miracle? So, Brown won the Senate race, not because 52% of Mass. voters voted for him. No no. That woudln't do for CNN. He won because he got a miracle. It took an act of God for him to win. He couldn't just win because he was the better candidate. |
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mises
Joined: 05 Nov 2007 Location: retired
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Posted: Tue Jan 19, 2010 9:31 pm Post subject: |
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| Fox wrote: |
Dissapointing. I don't even know how he can seriously suggest this. |
The more the word is overused, the less meaningful it will be. I welcome it, I guess. I hope Olbermann stubs his toe tomorrow morning on his bedside table and goes into a dither on air about how racist the table manufacturer is. |
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mises
Joined: 05 Nov 2007 Location: retired
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Posted: Tue Jan 19, 2010 9:32 pm Post subject: |
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Even more stupid, Drudge is running a headline asking if the guy will run for president next.
http://www.drudgereport.com/ |
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Kuros
Joined: 27 Apr 2004
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Posted: Tue Jan 19, 2010 9:33 pm Post subject: |
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| mises wrote: |
| bucheon bum wrote: |
| bye bye health care reform. |
It wasn't good policy anyways. |
I think this may turn out to be good for health care reform. The Democrats' plan was flawed, but it was a plan. And it was mindful of fiscal demands (although of course there were all kinds of the same old tricks plus a new one or two). The Republicans haven't put forward solutions to our entitlement problems or our health care disaster.
If the flawed plan can be killed . . .
But its really hard for me to see what lies beyond this. I look at the American political situation and see only madness. |
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mises
Joined: 05 Nov 2007 Location: retired
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Posted: Tue Jan 19, 2010 9:37 pm Post subject: |
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| Quote: |
| I think this may turn out to be good for health care reform. The Democrats' plan was flawed, but it was a plan. |
The only real reform was prohibiting the exclusion of individuals with preexisting conditions.
| Quote: |
| But its really hard for me to see what lies beyond this. I look at the American political situation and see only madness. |
The partisanship is very strong. That isn't healthy. But maybe the US can start looking to the states for the grand plans. |
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Fox

Joined: 04 Mar 2009
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Posted: Tue Jan 19, 2010 9:41 pm Post subject: |
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| pkang0202 wrote: |
| Fox wrote: |
| pkang0202 wrote: |
| This is a close race. Miracle would not be even remotely close to describe the race there. |
It being a close race is part of what's being called a miracle. We're talking about a pretty blue state here. |
A miracle would be an event that happens against ALL ODDS. |
And this happened against all odds. Why do you have such trouble with basic colloquial usage of this word? Sometimes we even say things like, "It's a miracle my house didn't burn down," if we leave the oven running, even though the likelihood of your house burning down because you left your oven on is actually very low.
| pkang0202 wrote: |
| It doesn't matter how long Mass. was a Blue state. That is irrelevant. |
No it's not. It's decidedly relevent when considering how unusual it might be for a Republican senator to be elected.
| pkang0202 wrote: |
| What WAS relevant was for days before CNN wrote that article, polling numbers showed Brown and Coakley at a dead heat. Many polls shows Brown was a lead. |
That was part of what was being called a miracle.
| pkang0202 wrote: |
| So, in a dead heat Senate race, the Republican can only win if they get a miracle? |
Rather, it's was being said it was a miracle that it was a dead heat race in the first place.
| pkang0202 wrote: |
| So, Brown won the Senate race, not because 52% of Mass. voters voted for him. No no. That woudln't do for CNN. He won because he got a miracle. It took an act of God for him to win. He couldn't just win because he was the better candidate. |
I'm pretty sure CNN wasn't using miracle in the sense of an act of God, but rather using a rhetorical device to talk about an unusual occurance. |
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mises
Joined: 05 Nov 2007 Location: retired
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Posted: Tue Jan 19, 2010 9:44 pm Post subject: |
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From ZH:
http://www.zerohedge.com/article/consequences-mass-election
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Consequences of the Mass. Election
-The days where the Fed and Mr. Bernanke get to establish broad economic policy without taking into consideration the mood of the public is over. This is not to suggest that the Fed is going to jack up rates anytime soon. But to me it means that the possibility of QE2 is done. There was a time when you might have said, �The American people don�t understand their monetary policy and have know idea how much debt has been created in their name�. Well that was then and this is now. Americans do understand how much debt there is. They are shocked, dismayed and angered. They�re a lot of everyday citizens who are well aware that the Fed printed 2 trillion in the last year or so. The vote in Natick Mass showed their dislike and distrust of Fed policy. While I don�t think this will result in Bernanke failing to get a second term in the upcoming vote, it just got a bit more uncertain. In many ways this election will tie Ben�s hands.
-There will be no second stimulus bill. Not in 2010 at least. There is no stomach for that any longer. There are many Congressmen and Senators who are up for reelection in ten months. They are not going to stick there neck out for something the White House wants and they know the people don�t. I doubt the administration will even ask for a stimulus bill after this shellacking.
..
-Tim Geithner�s ship went down in Massachusetts. I am convinced that he now must go. The Administration will have to make changes after this vote. They have to show that they are being responsive. The beating the WH took tonight was biblical. So will their response be. It will take a month, but changes and heads will roll.
...
-There will be no fix on Social Security this year. Mr. Goss who runs that shop has said that the issues facing SS have to take a back burner to finding a fix to health care. Well, we have not found that elusive solution. And now it is farther away then ever. Mr. Goss will have to wait at least another year. That will prove to be a devastating delay.
-There will be no significant steps to address the problems at the mortgage Agencies; Fannie, Freddie and FHA. The reason is simple. If you wanted to address the problems with these dogs you have to owe up to the fact that it is a $500 billion dollar sinkhole. Who would want to put that bad news on the table after getting your ass kicked in a crucial election? The answer to that is that no one in Washington would. And no one will. Having said that, I would not be at all surprised to see an effort to cut the outrageously rich compensation packages for the big shots at Fannie and Freddie. There may have been some belief that these two companies were in the private sector where salaries have no caps. But now there will be those in Congress that want/need an election edge. What could be a better edge than to beat up on a bunch of fat cat D.C. bankers?
-We have several states that are on the edge of a fiscal crisis. I thought that there would be some form of Federal assistance for them this year. That may still come, but it is now much less likely. You can�t just help NY and Cali. Those States will simply have to cut their deficits the old fashioned way, by cutting expenses. There is no way the folks in Texas are going to let Federal dollars be used to bail out TBTF States. And no one in Congress is going to stand up to that.
-If you were a TBTF institution you just hated this vote. This is bad for the Citi�s and BoA�s, but it just downright terrible for the likes of GS. The more successful you are, the more crap that you will have to take. Washington knows that Americans hate their banks. Now Washington is going to take sides with the people and lean on the TBTFs even harder.
-The bailout mentality is over. If GM needed a handout today, they would not get it. If a company runs into difficulty in the future they will just go down. There is no will left for the bailout thinking. If you are a legislator and you support a bailout, you will lose you right to vote in Washington. The voters will take you out back and shoot you on Election Day. |
Jumpin Jesus. This reads like Xmas morning for me. Ok Kuros, now you tell me why all the above is untrue and I return to my 2% "high interest" savings strategy. |
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bucheon bum
Joined: 16 Jan 2003
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Posted: Tue Jan 19, 2010 9:56 pm Post subject: |
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| Kuros wrote: |
| bucheon bum wrote: |
| bye bye health care reform. |
Possibly. But perhaps the Dems will scramble to pass it in the next two weeks. |
Webb is nixing that idea
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| And after the results were announced, one centrist Democratic senator, Jim Webb of Virginia, called on Senate leaders to suspend any votes on the Democrats� health care legislation until Mr. Brown is sworn into office. The election, he said, was a referendum on both health care and the integrity of the government process. |
While i respect Senator Webb (he's very good at updating constituents about what he's up to), I think he's also trying to save his political future here. Any Democrat Senator from a state such as VA (ie a "purple" one) is going to bail on any big gov't programs now. Mises posting from ZH is pretty spot on. |
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bucheon bum
Joined: 16 Jan 2003
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Posted: Tue Jan 19, 2010 10:04 pm Post subject: |
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| The potential upside is this will wake Obama and the Dems up. Maybe this will be a blessing in disguise and our country's leaders will actually start following fiscal responsibility. Not holding my breath, but I have a little hope. |
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Kuros
Joined: 27 Apr 2004
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Posted: Tue Jan 19, 2010 10:06 pm Post subject: |
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| bucheon bum wrote: |
| Mises posting from ZH is pretty spot on. |
It looks right, but it doesn't feel quite right. I mean, I'm pretty sure the election will be read that way. But it also feels to me that Coakley was a bad candidate, and Brown more of a New England Republican.
It doesn't matter what really happened in Mass. I think ZH is right as to the effects. No 2nd Stimulus, dying Health Care reform, and some cabinet shuffles. |
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bucheon bum
Joined: 16 Jan 2003
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Posted: Tue Jan 19, 2010 10:09 pm Post subject: |
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| Kuros wrote: |
| bucheon bum wrote: |
| Mises posting from ZH is pretty spot on. |
It looks right, but it doesn't feel quite right. I mean, I'm pretty sure the election will be read that way. But it also feels to me that Coakley was a bad candidate, and Brown more of a New England Republican.
It doesn't matter what really happened in Mass. I think ZH is right as to the effects. No 2nd Stimulus, dying Health Care reform, and some cabinet shuffles. |
Yes, that is what I meant, the effects. I also agree that Coakley was a horrific candidate (check out the Daily Show episode from Monday), and Brown is far from the extreme right-wing. |
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