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08:29 AM on 02/15/09 
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SLOWPOKE LOPEZ
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i'm no economics major or whatever, so i don't know just the ramifications this would have, but all this money thats been spent to bail out banks and stimulate the economy would be nearly enough to pay off every mortgage in america.
no mortgage debt for anybody...now that would've stimulated something i'd think.
12:46 PM on 02/15/09 
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TranslateTheNam
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Ronkonkoma NY
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oh good, a chance. i'd challenge the the second sentence, but the lack of foundation in the first sentence tells me it's not necessarily worth the time.



oh hey, lou dobbs - http://www.factcheck.org/askfactchec...de_a_52 .html



You'll notice how that article briefly defends taking CDBG funds and then runs right into the fact that they were eligible for NSP funds but never acted to acquire them, yet. Mostly because ACORN received over 17.2 million from 11/08-01/09 alone. ACORN is in the CDBG's pocket, deep. They are a left wing lobbyist organization with they're own agenda. It doesn't matter where the funds are funneled on paper, ACORN will use it to they're liking.
01:34 PM on 02/15/09 
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nfgrocker16
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Chicago, IL
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It's a run on, but it definitely gets the point across. I'm kind of disappointed that the Democrats are shoving this down our throats. We're going to be paying a lot more taxes.

Just never forget, there's life after death... and taxes.

And I think you need to stop complaining about taxes. Do you even make enough money a year that this will effect you? I doubt it.
02:25 PM on 02/15/09 
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saysmydoctor
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Albany NY
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You'll notice how that article briefly defends taking CDBG funds and then runs right into the fact that they were eligible for NSP funds but never acted to acquire them, yet. Mostly because ACORN received over 17.2 million from 11/08-01/09 alone. ACORN is in the CDBG's pocket, deep. They are a left wing lobbyist organization with they're own agenda. It doesn't matter where the funds are funneled on paper, ACORN will use it to they're liking.
This isn't serious, right?
03:11 PM on 02/15/09 
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asmolitor
Resident Econ/Market/WI Nerd
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Wisconsin
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You obviously haven't taken any Econ classes. Business cycles are unpredictable. You can't give concrete proof that this recession will carry on longer than next year.

I'm thinking that there's a chance that the economy will rebound by next year, entering a new business cycle. What will happen if this "stimulus" is distributed if we're no longer in a recession?

didn't even have to work for that one, nice.

as for the econ classes, i've taken quite a few seeing as its my major.

whereas you, on the other hand, deny the effects of the new deal, are conservative only when it's convenient, and post fox news links arguing that obama's turning our economy socialist (and subsequently start threads about it that get locked for complete idiocy).
03:28 PM on 02/15/09 
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saysmydoctor
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Conservatism is hardly convenient.
03:46 PM on 02/15/09 
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asmolitor
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Conservatism is hardly convenient.

hence my point.
04:49 PM on 02/15/09 
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asmolitor
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Wisconsin
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i'm no economics major or whatever, so i don't know just the ramifications this would have, but all this money thats been spent to bail out banks and stimulate the economy would be nearly enough to pay off every mortgage in america.
no mortgage debt for anybody...now that would've stimulated something i'd think.

http://www.census.gov/compendia/stat...es/09s1152.pdf

no, unless we've spent around 12 trillion that no one was aware of. for comparison, total government spending in the fiscal year 2008 was around 5.2 trillion.

regardless, there should be plans released on wednesday dealing with public mortgages - http://online.wsj.com/article/SB1234...ogl enews_wsj
06:02 PM on 02/15/09 
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asmolitor
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for future reference as we head into spring: "Crude Oil is getting cheaper - so why isn't gas?"

http://www.npr.org/templates/story/s...ryId=100733852
07:10 PM on 02/15/09 
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Machu505
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didn't even have to work for that one, nice.

as for the econ classes, i've taken quite a few seeing as its my major.

whereas you, on the other hand, deny the effects of the new deal, are conservative only when it's convenient, and post fox news links arguing that obama's turning our economy socialist (and subsequently start threads about it that get locked for complete idiocy).

Pwn'd.
07:27 PM on 02/15/09 
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saysmydoctor
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Albany NY
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for future reference as we head into spring: "Crude Oil is getting cheaper - so why isn't gas?"

http://www.npr.org/templates/story/s...ryId=100733852
Because the uninformed public is uninformed and will pay the price regardless because they don't know any better.

Am I warm, cold?
07:51 PM on 02/15/09 
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asmolitor
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Wisconsin
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Because the uninformed public is uninformed and will pay the price regardless because they don't know any better.

Am I warm, cold?

warm to an extent, though i think it's more a refinery-minded issue than a consumer information one. plus, unless you have a personal refinery in your backyard with fitted pipelines, there's not much say you can have in terms of pricing - haha.
07:57 PM on 02/15/09 
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asmolitor
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Wisconsin
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You'll notice how that article briefly defends taking CDBG funds and then runs right into the fact that they were eligible for NSP funds but never acted to acquire them, yet. Mostly because ACORN received over 17.2 million from 11/08-01/09 alone. ACORN is in the CDBG's pocket, deep. They are a left wing lobbyist organization with they're own agenda. It doesn't matter where the funds are funneled on paper, ACORN will use it to they're liking.


Faulty Logic


Boehner and Vitter commit two logical fallacies. Their argument has the form:
  1. The stimulus bill provides funding for redeveloping neighborhoods.
  2. ACORN does work in redeveloping neighborhoods.
  3. Therefore the stimulus bill provides funding for ACORN.
That's an example of what philosophers call the undistributed middle fallacy. It's a common mistake; in May 2008, we caught Sen. John McCain making a similar logical blunder. But Boehner and Vitter compound their error by treating different terms as if they had the same meaning. ACORN does indeed work in redeveloping neighborhoods, but the work that it does is not the same sort of work for which NSP provides funding. By pretending as if the two are the same, Boehner and Vitter commit the fallacy of equivocation.

We're accustomed to seeing logical fallacies in political arguments. But working two of them into a single argument is unusually bad logic.
08:39 PM on 02/15/09 
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saysmydoctor
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Albany NY
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Boehner? Doesn't he have like a ridiculously low approval rating? Even for a republican?
08:41 PM on 02/15/09 
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Machu505
yep
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New Haven CT
Male - 19 Years Old
lol Boehner



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