Originally Posted by Sink r8

the real question is how we split the tab for the horrible bender we've all been on.

Originally Posted by BlueMoon

No kidding, I can't believe people think it would be so drastically different if the other guy got elected. We still have a dysfunctional House and Senate that can't compromise on anything. What we need is for those idiots to realize that compromise is the only way anything will get done and not to just obstruct because they can't get everything they want.

Originally Posted by sailingfun

I just looked again. For 7 Nov there are now 3 pilots on Short Call today in the ATL DC9B category according to DBMS. They have one pilot listed for the 8th so far on short call. I would cut and paste the list but it includes personal data. There are two pilots on short call in the 4 day availability grouping and 1 pilot in the 3 day.

Originally Posted by Bucking Bar

Generally, if spent well, government spending to improve GDP is a good thing. The interstate highway system serves as a good example of a very expensive project which improved America's GDP, not just then, but going forward. Projects Mercury, Gemini and Apollo resulted in technological innovations and leadership that still pays some dividends.

I entirely agree with your concerns regarding inflation. However, thus far we have not seen a great deal of inflation thus far. Deflation, followed by inflation, scares me. While inflation is a slow thief, deflation comes with the speed of a fire.

You have to consider the various sources of the money supply and where it goes. While the Fed creates money, so does leverage at your local bank. If you deposit a dollar and they lend dollar, that's two dollars. If a home decreases in value by 50% and that equity is no longer used, or if I save a dollar and it isn't lent, that's money out of circulation.

Until the political parties go after entitlements and fundamentally restructure our tax code BOTH parties are going to tax and spend in a very similar fashion. The vast majority of spending goes to entitlements which would be spent the exact same way with either party.

I did not think Romney could beat Obama within the current management of the GOP. Overall the Republican party needs reform to win. Obama's campaign manager said he was worried by Newt Gingrich and Rick Perry because either of those candidates' policies would have appealed to the Latino vote (who voted for Obama 72%). Instead Romney's logic got pushed aside to the point he sounded more like Carl Rove and less and less like himself.

IMHO, Romney's own staff and the Republican party at large cost him an election he easily could have won. He was persuaded by "experts" who gave him bad advice. That's another post I guess on another forum ... but the Republicans have to consider the reasons for their loss and perhaps someone needs to take Mitch McConnell behind the proverbial woodshed. ... as a result of his obstructions the Senate took a real swerve to the left ... .

Originally Posted by tsquare

Mmmmmmkay. So please tell me how the other guy, who really really wants to hammer the evil banks, is gonna force them to free up the money supply? In other words, where are people gonna get the bucks to buy those over priced American made electric cars that will save the planet? There will be no incentive for those same evil banks to give you or me a loan to buy those cars, and as a result there will be no need for those auto companies to keep those same people employed, and THOSE people are the ones that buy airline tickets. Cabotage is OBE now...

Doomsday scenario?

Maybe, but when socialism strangled the Soviet Union, the workers figured that making one big nail was easier than making a thousand of the correct sized ones. Then.... they went bankrupt.

I want to figure out how to get MY share of that free stuff now....

Originally Posted by Bucking Bar

There is also the logic that poor people spend money, while wealthier people save money. Income redistribution has a stimulative effect on consumption.

Originally Posted by Sink r8

I'm glad you're making it apolitical, because I'd hate to see "political".

Let me try my hand at "apolitical": no matter who won, we remain on track for recovery into next year, we still have huge issues in front of us, and the real question is how we split the tab for the horrible bender we've all been on.

Originally Posted by Elvis90

I don't see any coherence in the electorate choosing to add Democrstic seats to the Senate and more Republican seats to the House. If the country dislikes Congressional gridlock, why did the vote turn out this way? Wouldn't it make more sense to have Congress be one party or another in order to pass some kind of legislation?

Originally Posted by tsquare

The real definition of compromise and the one espoused by the chosen one is vastly different.

Originally Posted by scambo1

There were two opportunities to get the "free" cheese.

Tarp 1 provided money to bailout construction companies with leveraged house inventory...I coulda encumbered all my inventory and gotten bailed, but I chose to play by the rules.

Tarp 1+2 provided "grant cheese" to green companies - established and startup...Yes that's right, you could write a business plan to produce solar panels and they would have given you money to launch your super dream green company. This was also further incentivised by giving state governments money to "grant" to green companies in their states...So, in the great central planning office in DC, specific states were chosen to be green industry states and if you wanted to be a CEO, all you had to do was write it up and send it in. Yippee frikken skippee.