- 44,205
- 2,535
- Joined
- Jun 17, 2006
Ohhh word.
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: this_feature_currently_requires_accessing_site_using_safari
You're ******edOriginally Posted by socluis90
I'm still voting for Obama. He did something Bush couldn't, CATCH OSAMA!!!
im not cereal
You're ******edOriginally Posted by socluis90
I'm still voting for Obama. He did something Bush couldn't, CATCH OSAMA!!!
im not cereal
Originally Posted by AddictedToFreshKicks
but when it was Bush, it was his fault... got it.Originally Posted by ONEFORALL
Obama won't change anything because he can't. Wall street runs USA. They run it like a company. To make profit for them.
Originally Posted by AddictedToFreshKicks
but when it was Bush, it was his fault... got it.Originally Posted by ONEFORALL
Obama won't change anything because he can't. Wall street runs USA. They run it like a company. To make profit for them.
Originally Posted by AddictedToFreshKicks
but when it was Bush, it was his fault... got it.Originally Posted by ONEFORALL
Obama won't change anything because he can't. Wall street runs USA. They run it like a company. To make profit for them.
Faint Dj3 wrote:
And I see the senate passed a bill...obama did this how?
On Tuesday, ahead of a House vote to reauthorize the PATRIOT Act for another year, the White House did something unexpected: they asked for even more.
A prepared statement issued Tuesday afternoon said that President Obama "would strongly prefer enactment of reauthorizing legislation that would extend these authorities until December 2013."
Originally Posted by AddictedToFreshKicks
but when it was Bush, it was his fault... got it.Originally Posted by ONEFORALL
Obama won't change anything because he can't. Wall street runs USA. They run it like a company. To make profit for them.
Faint Dj3 wrote:
And I see the senate passed a bill...obama did this how?
On Tuesday, ahead of a House vote to reauthorize the PATRIOT Act for another year, the White House did something unexpected: they asked for even more.
A prepared statement issued Tuesday afternoon said that President Obama "would strongly prefer enactment of reauthorizing legislation that would extend these authorities until December 2013."
Economist Paul Krugman summarizes the post-Nixon Shock era as follows:
The current world monetary system assigns no special role to gold; indeed, the Federal Reserve is not obliged to tie the dollar to anything. It can print as much or as little money as it deems appropriate. There are powerful advantages to such an unconstrained system. Above all, the Fed is free to respond to actual or threatened recessions by pumping in money. To take only one example, that flexibility is the reason the stock market crash of 1987—which started out every bit as frightening as that of 1929—did not cause a slump in the real economy.
While a freely floating national money has advantages, however, it also has risks. For one thing, it can create uncertainties for international traders and investors. Over the past five years, the dollar has been worth as much as 120 yen and as little as 80. The costs of this volatility are hard to measure (partly because sophisticated financial markets allow businesses to hedge much of that risk), but they must be significant. Furthermore, a system that leaves monetary managers free to do good also leaves them free to be irresponsible—and, in some countries, they have been quick to take the opportunity.
—[sup][5][/sup]
Economist Paul Krugman summarizes the post-Nixon Shock era as follows:
The current world monetary system assigns no special role to gold; indeed, the Federal Reserve is not obliged to tie the dollar to anything. It can print as much or as little money as it deems appropriate. There are powerful advantages to such an unconstrained system. Above all, the Fed is free to respond to actual or threatened recessions by pumping in money. To take only one example, that flexibility is the reason the stock market crash of 1987—which started out every bit as frightening as that of 1929—did not cause a slump in the real economy.
While a freely floating national money has advantages, however, it also has risks. For one thing, it can create uncertainties for international traders and investors. Over the past five years, the dollar has been worth as much as 120 yen and as little as 80. The costs of this volatility are hard to measure (partly because sophisticated financial markets allow businesses to hedge much of that risk), but they must be significant. Furthermore, a system that leaves monetary managers free to do good also leaves them free to be irresponsible—and, in some countries, they have been quick to take the opportunity.
—[sup][5][/sup]
Right. Presidents have no power.Originally Posted by All Ready
yall dudes are corny, presidents are nothing more than mascots
they have no power, they do what they are told and get all the credit or backlash
smarten up
Right. Presidents have no power.Originally Posted by All Ready
yall dudes are corny, presidents are nothing more than mascots
they have no power, they do what they are told and get all the credit or backlash
smarten up