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one way or the other - 10/27/2012 5:24:22 AM

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It's a fork in the road. Choose wisely.

WASHINGTON — For the first time since the Great Recession hit, American households are taking on more debt than they are shedding, an epochal shift that might augur a more resilient recovery.

For two of the last three quarters, American households’ total outstanding borrowing on things like credit cards, mortgages and auto loans has increased after falling for 14 consecutive quarters before then. Some economists even see an end to the long, hard process of deleveraging — as they refer to the cutting of debt relative to income or the nation’s economic output. That process, they say, has been a central reason for the extraordinary sluggishness of the recovery.

“We’re not getting a tail wind. We’re losing a head wind,” said Mark Zandi, chief economist at Moody’s Analytics, who said of the deleveraging process for households and businesses, “It’s basically over.”

Given the importance of consumer spending to the American economy, those changes might translate into a more resilient economy, analysts said.

SNAP (food stamps) is at an all time high. Unemployment is still high, and well over 10% if one considers sources other than mainstream. Job creation is more the part time than full time. Student debt is still rising. The last print of GDP saw an increase due mostly to government spending.

The question is, are people taking on more debt because things are actually getting better? Or perhaps are people taking on more debt because they have no choice, gotta eat. Any cessation of consumer deleveraging bodes one of two things -

We've either turned the corner or we're seeing the calm before the storm.

Choose wisely.

< Message edited by Yachtie -- 10/27/2012 5:25:05 AM >

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RE: one way or the other - 10/27/2012 7:36:35 AM

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So, shedding debt to more reasonable levels, (something the teabaggers havent done down in the house) and taking advantage of low interest rates (something the corporations havent done to build and create growth)......

I choose the first as beneficial and the second as a reason to tax corporations heavily.

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RE: one way or the other - 10/27/2012 8:12:43 AM

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These sort of "Choose Wisely" posts always amuse me.

As a transgendered person, I never even get to questions of who is better on economics. I am focused on who will not seek to take away my basic rights, lock me into a prison camp, or try to "stomp a mud hole through me".

Yep, you guessed: I am not choosing the Republicans

Wise choice.

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RE: one way or the other - 10/27/2012 8:47:43 AM

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Why do think the Democrats will not take away your rights, and the Republicans will?

(in reply to OttersSwim)

RE: one way or the other - 10/27/2012 8:51:03 AM

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Simply look at the platforms, the positions, and what they legislate for.

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RE: one way or the other - 10/27/2012 9:15:04 AM

tj444

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quote:

ORIGINAL: OttersSwim

Simply look at the platforms, the positions, and what they legislate for.

Obama brought in unlimited detention (ya know, like what they do in uncivilized countries, throwing people in jail without charges, without legal representation, for however long they want to keep you in jail.. er.. I mean, detention).. American citizens were originally included in that but of course cuz this is an election year, Obama backed down on that part of it.. dont worry tho, if Obama is re-elected he will include American citizens in that legislation that takes away all your rights.. Way ta go Democrats!!! yup... wise choice there..

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RE: one way or the other - 10/27/2012 9:26:38 AM

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quote:

ORIGINAL: OttersSwim

Simply look at the platforms, the positions, and what they legislate for.

Check the airport bathrooms, then drink with some union goons, and see if your perceptions change a little.

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RE: one way or the other - 10/27/2012 9:27:03 AM

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http://www.senate.gov/legislative/LIS/roll_call_lists/roll_call_vote_cfm.cfm?congress=112&session=1&vote=00213#position

No legislation to curb these powers was put forth by Republicans. Only three Repubs voted for amending the act - every other Republican voted against it.

President Obama signed it with reservations. It is deeply flawed, but I do not for a minute believe that the Democrats would use it against the LGBT community

I have no such belief about how Republicans would use it.

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RE: one way or the other - 10/27/2012 9:30:08 AM

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quote:

ORIGINAL: TheHeretic

quote:

ORIGINAL: OttersSwim

Simply look at the platforms, the positions, and what they legislate for.

Check the airport bathrooms, then drink with some union goons, and see if your perceptions change a little.

You are correct, there is bigotry even among Democrats.

But Republicans embrace it, write it into their platforms, actively legislate to remove basic and fundamental rights, and some even advocate violence, and if given their full say would do much much worse.

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RE: one way or the other - 10/27/2012 9:35:55 AM

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quote:

ORIGINAL: ElizabethAnne

Why do think the Democrats will not take away your rights, and the Republicans will?

My guess......she is well informed on the basic news/issues of the day.
You might want to try that method...it tends to clear up political ignorance real quick

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RE: one way or the other - 10/27/2012 9:38:07 AM

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quote:

ORIGINAL: OttersSwim

quote:

ORIGINAL: TheHeretic

quote:

ORIGINAL: OttersSwim

Simply look at the platforms, the positions, and what they legislate for.

Check the airport bathrooms, then drink with some union goons, and see if your perceptions change a little.

You are correct, there is bigotry even among Democrats.

But Republicans embrace it, write it into their platforms, actively legislate to remove basic and fundamental rights, and some even advocate violence, and if given their full say would do much much worse.

QFT

_____________________________

If we want things to stay as they are,things will have to change...Tancredi from "the Leopard"

Forget Guns-----Ban the pools

Funny stuff....https://www.youtube.com/watch?v=eNwFf991d-4

(in reply to OttersSwim)

RE: one way or the other - 10/27/2012 9:40:34 AM

tj444

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Obama still signed it, agreeing to it entirely.. its an errosion of rights & abuse of power (under his Presidency).. his govt is also calling political activists & computer hackers "terrorists" when they are no such thing.. sure they may not extend that reach to transgendered people (unless that person is a hacker or political activist or can be in some other minor way labeled a terrorist).. laws that the govt claimed were being implemented due to terrorism is now being used by the IRS to pry into any taxpayers affairs.. you can call that "unintended consequences" (of anti-terrorism laws) if you want to but imo those were intended consequences of laws they used under the guise of being only for terrorists..

or are you only concerned about errosion of your rights as it relates to being transgendered? taking away your other rights is ok then?

< Message edited by tj444 -- 10/27/2012 9:44:51 AM >

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RE: one way or the other - 10/27/2012 9:49:46 AM

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So a "hacker" that hacks into a countries national defense system is not to be viewed as a terrorist simply because he has no such agenda ?
Yet in his hacking lies the possibility that irreparable damage might result ?
Hacking into secure sites is dangerous...and carries risks and consequences to the hacker...that's just how it is and that's just how it should be.
Proving your computer prowess by fucking with proprietary secure systems is just fucked up,if folks want to do it than they must accept the risks involved.

_____________________________

If we want things to stay as they are,things will have to change...Tancredi from "the Leopard"

Forget Guns-----Ban the pools

Funny stuff....https://www.youtube.com/watch?v=eNwFf991d-4

(in reply to tj444)

RE: one way or the other - 10/27/2012 9:56:40 AM

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quote:

ORIGINAL: ElizabethAnne

Why do think the Democrats will not take away your rights, and the Republicans will?

Ever heard of the DOMA?

Do you even live in America?

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RE: one way or the other - 10/27/2012 1:45:52 PM

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It’s members of the GOP who think it is OK to parse “kinds” of rape, making up nonsense phrases like “legitimate rape” and “forcible rape,” and to use their definitions as an excuse to deny someone medical care or legal recourse.
It’s the GOP who hate the idea of Affirmative Action and civil rights, or who deny that discrimination even exists, and who think it should be okay for a businessperson to refuse to serve gay people or people of color if s/he chooses to.
It’s the GOP who rally to deny gay people equal rights. DOMA and DADT come to mind
It’s the GOP who believe in “ex-gay” therapy, which denies science and has been proven to be a failure.
I could go into more but Ive things to do tonite
THey all affect LGBT issues, but hey.... reality never had much jive with social conservatives

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RE: one way or the other - 10/27/2012 4:11:12 PM

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quote:

ORIGINAL: ElizabethAnne

Why do think the Democrats will not take away your rights, and the Republicans will?

Because....Republicans are inherently evil, misogynists, baby killers, etc. and Democrats were born with Jesus's hand directly over every move they ever made and ever will.

(in reply to ElizabethAnne)

RE: one way or the other - 10/27/2012 4:20:54 PM

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I bet I have been called a baby killer/murderer for my views on womens rights over their own bodies and support for abortion rights than you ever have or will.

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RE: one way or the other - 10/27/2012 4:29:11 PM

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quote:

ORIGINAL: Lucylastic

It’s members of the GOP who think it is OK to parse “kinds” of rape, making up nonsense phrases like “legitimate rape” and “forcible rape,” and to use their definitions as an excuse to deny someone medical care or legal recourse.

Unless we are talking about Congressman Wu, Democrat, Oregon (Lake Ego). That was just a "misunderstanding."

(in reply to Lucylastic)

RE: one way or the other - 10/27/2012 4:45:08 PM

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oh??? it was?
Akin was a misunderstanding? He didnt say, "in legitimate rape the body has a way of shutting that down?"
Wisconsin state representative Roger Rivard asserted:
"Some girls rape easy."
Douglas Henry, a Tennessee state senator, told his colleagues:
"Rape, ladies and gentlemen, is not today what rape was. Rape, when I was learning these things, was the violation of a chaste woman, against her will, by some party not her spouse."
Sharron Angle, who ran for a US Senate seat out of Nevada, said she would tell a young girl wanting an abortion after being raped and impregnated by her father that "two wrongs don't make a right" and that she should make a "lemon situation into lemonade"
Joe Walsh: Asked whether a woman should be allowed to have an abortion if her “life is at issue,” the Tea Party Republican said, “There is no such exception. With modern technology and science, you can’t find one instance.”

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RE: one way or the other - 10/27/2012 4:49:40 PM

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maybe a pic would be better for you?

Attachment (1)

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(in reply to Lucylastic)

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