The cornerstone of fiscal conservatism is “living within your means”, which means not using the economy as a tool of social change(no affirmative action loans), no wasteful social spending, low tax rates and limited govt.
How long has it been since we have “tried” that?

Our first stimulus bill … was sort of like taking half a tablet of Viagra and having also a bunch of candy mixed in … as if everybody was putting in enough for their own constituents,” he said. “It doesn’t have really quite the wall that might have been anticipated there.”

Warren Buffet doesn’t think the stimulus worked either. The Obama administration doesn’t think the stimulus is working either or they wouldn’t be asking for a second stimulus.

“It looks like the economy is weaker than expected. Why not begin to think about over the next several months whether we need a stimulus package and what it should include,” Laura D’Andrea Tyson, Obama’s economic adviser said recently.

What a joke. This is seriously insulting.

I'm sure it worked exactly as intended; as a Marxist, he intends to destroy the free enterprise system and replace it with central planning, with him in charge of everything.
Had we used fiscal conservatism to deal with the consequences of the failure of Dem social engineering, we would be in recovery by now, and probably would have positive economic growth.

You stems don't have a clue what would have happened without some form of action. If he did nothing and it got worse you'd bitch, if he does something, you bitch.

Who pulled your string puppet? He's doing more harm than intelligent people can fathom. Duh, must be why you support this freak.

There really wasn't much he could done to harm anything more than it already was. Here, here's a timeline of the meltdown. See if you can understand it, you stupid shitstain. Try and figure out who was President when it all happened.

2007 _(BEFORE HE WAS EVEN THE NOMINEE, YOU STUPID FUCK)
Feb. 7: HSBC announces losses linked to U.S. subprime mortgages.

May 17: Federal Reserve Chairman Ben Bernanke said growing number of mortgage defaults will not seriously harm the U.S. economy.

June: Two Bear Stearns-run hedge funds with large holdings of subprime mortgages run into large losses and are forced to dump assets. The trouble spreads to major Wall Street firms such as Merrill Lynch, JPMorgan Chase, Citigroup and Goldman Sachs which had loaned the firms money.

Aug.: French bank BNP Paribas freezes withdrawals in three investment funds.

Sept.: Crisis-hit UK bank Northern Rock admits financial difficulties as it asks Bank of England for assistance. Share prices fall as customers queue up to withdraw their money.

Oct. 1: Swiss bank UBS announces losses liked to U.S. subprime mortgages.

Oct. 5: Investment bank Merrill Lynch reports losses of $5.5 billion.

Oct. 15: Cititgroup announces $6.5 billion third quarter losses.

Oct. 24: Merrill Lynch announces losses to be over $8 billion.

2008 STILL NOT EVEN THE NOMINEE, DUMBSHIT.__

Jan: Swiss bank UBS announces fourth quarter losses at $14 billion.

Jan. 11: Bank of America pays $4 billion for Countryside Financial.

Jan. 15: Citigroup reports $18.1 billion loss in fourth quarter.

Jan. 17: Merrill Lynch reports $11.5 billion loss in fourth quarter. Washington Mutual posts losses.

Feb. 13: UK bank Northern Rock is nationalized.
March: UK hedge fund Peloton Partners and U.S. fund Carlyle Capital fail.

March 16: Bear Stearns, the U.S.‘s fifth largest investment bank, collapses and is taken over by JP Morgan.

April 1: German Deutsche Bank credit losses of $3.9 billion in first quarter.

April 13: U.S. bank Wachovia Corp. reports big loss for quarter.

May 12: HSBC writes off $3.2 billion in the first quarter linked to exposure to the U.S. subprime market.

July 22: WaMu reports $3.3 billion loss for second quarter.

NOMINEE, NOT ELECTED, YOU IDIOT_

Aug. 31: German Commerzbank AG takes over Dresdner Kleinwort investment bank.

Sept 7: Fannie Mae and Freddie Mac effectively nationalized by the U.S. Treasury which places them into "conservatorship."

Sept. 9: Lehman Brothers shares plummet to lowest level on Wall Street in more than a decade.

Sept 14: Lehman Brothers files for bankruptcy. Stock markets plummet; Central banks inject billions of dollars into money markets. Bank of America agrees to buy Merrill Lynch.

Sept. 16: AIG Corp, the world's biggest insurer, bailed out by the U.S. Federal Reserve. Morgan Stanley and Wachovia enter merger talks.

Sept. 17: Halifax Bank of Scotland (HBOS) to merge with UK bank Lloyds TSB in an emergency rescue plan.

Sept. 18: Federal Bank and other central banks inject billions into global markets to help ease the crunch.

Sept. 22: Japan's Nomura Holdings buys Lehman's Asian operations for up to $525 million.

Sept. 25: WaMu sold to JP Morgan.

Sept. 27: HSBC announces 1,100 job cuts worldwide.

We tried conservatism for THIRTY YEARS and it ended horribly.

We tried conservatism for THIRTY YEARS…

No, we didn't. Repeating the same lie over and over again will never make it true, uneducated little dino.
How long has it been since we lived within our means? How long have the Dems been using our economy for social engineering purposes? We have been engaging in wasteful social spending since FDR.

Don't cry to me, Kenny, that you can't refute the fact that this all happened following years republican control and bad policy.

You mean like I did when I pointed out three successive Presidents raised taxes.

Yea, I refuted you beyond repair.

Stupid STD. (h/t PP)

We tried conservatism for THIRTY YEARS and it ended horribly.

Im sorry history major, but with the exception of 6 years of a conservative congress in the 90's and 5 or 6 this decade, the democrats have run congress since God wore sandals. I can only think of 10-12 years in my lifetime that the libs have not run the house.

Though Dino's not alone in doing this.

I was thinking of the one in damp, yellow stained "boardies", but, as you say, they're not alone!

Obama lies..repeated by the slave MSM don't make them true!

Bush had recessions, 9/11 and wars to deal with, and still kept things together reasonably well, not perfect. but beginning in 2007 with a democratic congress we've started to see the democratic freefall. now that they own every vestige of government, we're experiencing the full effect, which means massive new taxes, huge new government spending, deficits like nothing other in history, and mad power grabs at the private sector, which has been effectively neutered.

no matter how bad their policies turn out to be, they are too stupid to get it, like robots they'll rant about Bush.
They are truly the party of failed ideas.

Yea, the circus freak decided to spend borrowed money to the tune of 1.8 trillion more.

That's not true. All you can blame him for is at the most the $700 billion stimulus. The deficit is from the drop in revenues from the downturn (republicans and Bush caused), Bush's tax cuts and two wars kept off the books when BUSH was president.

I can only think of 10-12 years in my lifetime that the libs have not run the house.

Those would be the years 94-06 where the damage leading to this meltdown was done. You'd have to go back to the 50s then the 1920s to find republicans in control of Congress. We all know how it ended in the 1920s, A DEPRESSION.

GENERALLY, no matter what party held power since the 1970s, we've been a path of fiscal and policy conservatism.

Don't believe me? Then hear it from the "Historian of the Conservative Movement", Lee Edwards. Here's what he wrote in 2003 before the shit hit the fan and you stems started running from the dismal failure of your perverse, greed-based policies:

The transforming power of modern American conservatism over the last 50 years has been unmistakable. In the late 1940s, we seemed to be headed for a socialist world in which Marxism-Leninism could only be contained, not defeated. In the 1990s, we celebrated the collapse of Soviet communism and the adoption of liberal democracy and free markets around the world because of the leadership of charismatic conservatives like Ronald Reagan and Margaret Thatcher.

The impacts of modern conservatism in America have been equally profound. There is renewed public skepticism about Big Government, a "leave us alone" attitude that stretches back as far as the Founding of the Republic. Because of conservative initiatives like welfare reform, several of the nation's leading cultural indicators, such as violent crime, teenage births, and the child poverty rate, have declined. And in the wake of 9/11, a prudential internationalism has evolved, based on this principle: Act multilaterally when possible and unilaterally when necessary.

The liberal historian Arthur Schlesinger Jr. wrote in 1947 that "there seems no inherent obstacle to the gradual advance of socialism in the United States through a series of New Deals." Five-and-a-half de-cades later, the conservative columnist George Will wrote that we had experienced "the intellectual collapse of socialism" in America and around the world.

The one political constant throughout those 50 years has been the rise of the Right, whose Long March to national power and prominence was often interrupted by the death of its leaders, calamitous defeats at the polls, frequent feuding within its ranks over means and ends, and the perennial hostility of the prevailing liberal establishment. But through the power of its ideas–ever linked by the priceless principle of ordered liberty–and the unceasing dissemination and application of those ideas, the conservative movement has become a major, and often the dominant, player in the political and economic realms of America.

THEN IT ALL GOES WRONG AND THE STEMS WANT TO BLAME SOMEONE ELSE!

By taking money out of the private sector. This is especially bad in a recession.

Though that wasn't the point.

Actually, it is the point. Raising tax rates adversely affects the private sector, where all wealth is produced, and so it tends to exacerbate any other negative trends in the economy at the time. Econ 101.

^ A.R.M.s aren't taxes, but affect your spendable income in the same way that higher taxes do. Only an idiot would believe that higher taxes beneficial their economic situation.

Bush's tax cuts of over $1.6 TRILLION went a long way to breaking us, particularly since we were/are fighting two expensive wars that he started.

If by "us" you mean government bureaucracies, maybe. If you mean the American people, it's hard to figure how letting them keep more of their own money made them "broke"!

Besides, any stem who could read or knew a modicum of financial history would know that every time tax rates are lowered, tax revenues increase. That's where the real "stimulus" is, stem. Not in government spending.

Ask yourself, grasshopper, why the economy fell apart in '98 and never fully recovered before Junior took over and had barely enough time to replace the missing "w" keys before finding himself in the position fighting a war with an enemy that occupies real estate, but has no country of origin. Republican control of house & Senate? Weak. Clinton still owned the power of the Veto. Democrats own this mess, live with it.

No matter how you parse it, conservatism was the dominant paradigm for 30-FIFTY YEARS.

It has been a DISASTER. Complete and utter FAILURE.

Go argue with the leaders of your movement who were declaring the victory of conservatism before the shit hit the fan.

You should all be round up and gassed. Did I top you that time?

Dino continues to cite some "conservative historian" whom I've never heard of, as it it were gospel. I guess by that reasoning, any time I find a liberal who agrees with me, even partially, that must be incontrovertibly true as well?

Dino: Keep quoting this guy until you're blue in the face (or maybe it's that other thing in your mouth making you blue in the face?), it still won't make you right or even credible!

The economy didn't fall apart in 98. That's your revisionism again.

The meltdown were are in now, the one following on the heels of total republican control, is the worst we have ever seen in a century.

The people so believed that the democrats were in control they gave all power to them in 2006 and 2008.

Do you shitstains teach your kids to act like this? To do bad things and then blame others?

Nevermind, I know the answer to that. That's why I have so little sympathy for your kids and grand kids who will live with this mess for decades. None, actually.

we were/are fighting two expensive wars that he started.

So you're saying it's juniors fault the hijackers attacked the towers and the pentagon? What did he do to cause that?

And as far as Iraq is concerned you think plastic shredders are okay for political opponents as long as it doesn't interfere with your incomming overseas phone calls?

The economy didn't fall apart in 98. That's your revisionism again.

It most certainly did start going south in '98! It never did fully recover from it. '98 is when the latest (far)eastward jobs migration started. The Silicon valley started shutting down local foundries, selling the assets to and buying product from S.E. Asia. Why, to this day, do you think when you need tech support Ramesh has a British accent?

Now, little dino changes "dominance" to "paradigm"

Unfortunately, he's not the only troll here to use words he doesn't quite understand!

^ also, if you want to track the condition of the U.S. economy looking for indicators of the future, look how the sales of hydraulic fittings are selling. When sales are great, so is the economy, if sales drop the rest of the economy is only a few months behind, sales go up only after the economy improves. Experience & you'll just have to trust me on that.

So far sales are still dismal.

I would like to see a war surcharge where anyone who voted republican would forfeit their Social Security money, Medicare and anything else from the government to pay for Iraq.

Yeah, the way it should be. As I would like to see welfare queens forced to take mandated jobs to earn their free government money, at jobs such as scrubbing the toilets at rest areas along highways. We can both dream.

So far sales are still dismal.

And that proves what? Nothing about Obama. It proves how bad this recession is and substantiates the idea that things aren't going to turn around any time soon. They have stabilized.

But you want it to deteriorate so you can beat off to a replay of 1994. I say go for it, America idiots. Give the republicans back the reins so Wall Street can flip you over and fuck you again and your 401ks can drop another 30-50%.

Either way, I win. You have no idea the pleasure I've gotten over the failure of the conservative movement. Every story I read about a republican losing his/her job or house makes my fucking day.

And gays to fund their own AIDS research, as this is a preventable disease.

Either way, I win.

Keep thinking that Dino! The rest of the world knows better, enjoy yourself!

Dumbo`s posts are becoming more and more excitable, so he must be worried about The Communist in Chief.

I've been busy making appetizers for a party and take breaks here and there to defeat the arguments put forth by the stems here.

I must be out of my mind with worry. LOL

"The cost of anything connected to AIDS is minuscule." The money used to fund AIDS research is way out of wack to the number of deaths it causes. And again, it is preventable.

I don't believe that for a minute.

Hahaha! … like I give a rip what you believe, STD.

Oh look, the desperate stems are can't refute my arguments so must resort to the gay thing. Pathetic.

I hope you're all very happy watching your retirement savings deflate and your house values collapse. You can send thank yous to bush and the republicans.

^ Dibs on the May uptick!

…the desperate stems are can't refute my arguments…

What "arguments"? All little dino does is to spew obvious lies, over and over again, even though they've been completely refuted by the facts, countless times.

Every time he has been asked to make a cause and effect argument about how any Republican policy has "caused" a recession, he fails to respond.

No matter how you parse it, conservatism was the dominant paradigm for 30-FIFTY YEARS.

Or not. The Great Society was decidedly liberal. The economy of both Ford and Carter was liberal. The economy under the first two years of Clinton was liberal.

Dino's a lying parasite who is unwilling, not unable to be honest about ANYTHING.

"As a result of the swift and aggressive action we took in the first few months of this year, we've been able to pull our financial system and our economy back from the brink," Obama also says.

The Stark Reality….. http://briefingroom.thehill.com/2009/07/10/michig…

Michigan's unemployment rate could hit as high as 20 percent with the Obama administration to blame, one Michigan congressman Rep. Thaddeus McCotter warned Friday.
The Absurd Obama Twist….
Obama's delusional devotee's claiming it would be much worse if the Chairman had not intervened…LOL

if you think the "government-financed bankruptcies" of GM and Chrysler cost Michigan a lot of jobs, then JUST IMAGINE the jobs that would have been lost had Obama NOT gotten involved.
Without government action, those companies were destined for complete liquidation. Under that scenario, unemployment in Michigan could have topped 30% easily.

Where's my Damn Kool-Aide