But hey, even a rich and famous black person still lives in a government housing program

I think obama president man is a cool guy eh,
runs the U.S. and doesn't afraid of terrorists

I agree. It's nice to a see a President indulge in humor.

I wanna thumb, but it's at 69, and I just... grahblrfhajgldnf.

You can't grahblrfhajgldnf in public, you pervert!

So what if I'm perverted?! Lotsa people are, they just aren't willing to admit it.

Okay then....... I like grahblrfhajgldnfing too sometimes. Sometimes even in public.

His parents probably share the same viewpoints because it is most likely somebody who not yet old enough/smart enough to form their own opinions yet.

let me guess..

He's also a muslim extremist anti-christ reincarnate of Hitler..?

I know that...I just find the picture funny. Chill out anon.

Also, to serve and protect is the motto of the police, not the presidential office

Right, the President is supposed to preserve and defend.

You can't just blame the Tea Party members though, those first two years of his office, weren't that great, and who ran the Congress? Democrats. I feel isolated in all these arguments because I'm a Republican, and it seems like all you guys do is bitch about the job they do. Red thumb me all you want, but it's true.

I don't put blame to anybody, or any governing body, I blame our entire country. We have really just fucked ourselves over, and what do we do? The typical american thing and blame somebody else, the government.

I had to log in to answer this, simply because if i did while anon i wouldn't get the message of a reply, if you do so.

The blame in the government and within the United States is as widespread as any. There are numerous fingers to point and it isn't getting anyone anywhere. There are multiple problems within congress right now. The beginning of Obama's term was simply disastrous as he failed with the bail out and the governments financial advisors failed to realize the problem with AIG.

You can also point blame towards the amount of expansion the government has gone through which is a waste of tax payers dollars as well as this conflict is too. If the United States wants to Police the world then so be it, but do it with control. Let our navy do it's work while our army comes home and is issued in areas where it's truly needed.


As for congress... well there are many problems. The stale mates between the republicans and the democrats is simply disgusting as they are merely voting for party affiliation and against anything anti party. There's a reason why Republicans hold a majority in congress and it's because the people of the US were tired of the crap the democrats were pulling.


The real problem now is how people aren't willing to take the blame and instead of taking the blame and fixing the problem, they're shoving it on to other people. Whether it be the immigrants, the dems, rep, tea party, the people, the rich, the poor, the president, or the war. Another major problem is how we have the baby boomers still in charge of their positions when they're stuck on their old idealized American Values which don't apply today. They're using their powers to benefit themselves, while the american people suffer.

Republican out.

Well said, but I just would like to add one thing.

Most of our problems stem from that fact that we have a fiat currency in place, so there are 2 things that would greatly reduce most of them problems we have in the U.S.

Either End the Federal Reserve System, or Allow competing currencies in the U.S.

I'm not sure how competing currencies would really help. If we the United states has competing currencies then it could potentially cause a confusion when changing between states. Also the 50 states have a large difference in their GDP and GSP. Some states are richer then others and to have competing currencies might just lag other states behind.

Your point of the FRS system is something I also believe in. Also by getting rid of that we could also get rid of other useless things such as Social Security, since it is raising the debt of the United States tremendously and even General Welfare can be cut to some degree. Having people live off the government and not doing any work is simply a waste of time, money and space. There's also a large problem with medicare and how much money is spent on illegal immigrants and uninsured americans.

Now your concept of the flat currency and competing currencies I'm not sure I understood perfectly, so I just merely talked at what it seemed to be getting at.

If it's not the case please elaborate

The Federal Reserve, despite its problems, is really more of a good thing than a bad thing. Now, it seems like it may be retarding economic growth, but the truth is that without it we’d be fucked five ways till Sunday.

The Federal Reserve has only been truly effective since the 50s-60s, and before that, when we had a recession, downturns hit hard. In 1873, 1897 and 1929-33, the fragile banking system of the US almost completely collapsed on three separate occasions with runs on banks. Without the Fed’s actions and those bailouts, the 10% unemployment we have now, which is seen as horrible by today’s standards, would be a dream scenario. With the Fed people bitch about sluggish recovery, but without it every recession has the economy go into freefall, worst of all in the 30s, when unemployment never fell below 14%. 14 fucking percent, and that was low for the 30s.

Fiat currency is really the only viable option since the US is a trading nation. It would no longer make sense for nations to buy American goods if the dollar was pegged to Gold or somethin like it, because the resulting rise in value would make buying in America a loss-high risk.

Welfare however, I agree on. We need to fix that. The Baby Boomers need to get their heads out of their asses and either vote for higher taxes to pay for their pensions, or accept those pensions being smaller/non-existent.

You make some interesting points.

Wasn't the Federal Reserve System made in 1913 though? It was set up by JP Morgan because of the bank failures of 1907. Now the Great Depression was severe because unemployment went all the way past 21% and it's affect on the population as well as they way creditors work also changed because of it.

The point of the economic recession is it is actually shown to be periodical as well. It hits the world every 30-40 years, whether it turns into a light one or a great depression.

Another thing which can be done a way with is the mortgage rates people have on their houses since it is basically stealing from the people. The amount of interest and the cost asked for these houses is simply ridiculous and it's the main reason why people are losing their homes and are declaring bankruptcy.

Thing is, the Federal Reserve System was never really given the tools to do what it did now until after the GD. In 1929, less than a third of American Banks actually were a part of the system, so to most banks, and thus the majority of the Banking System, the Fed didn't exist. That's why the economy went into freefall as if there was no Fed, and after three-four years in that state before FDR even got around to the Emergency Banking Act, the Depression became a self-perpetuating monster.

Just because recessions happen regularly isn't really a reason for the Fed not to be there to mitigate some of the damage. Prevention is better than Cure, and the Fed pumping money into banks to prevent failures and freefall is the closest we can get to the former with the economy.

On your last point I couldn't agree more. We either put more restrictions on getting mortgages so that only people who can actually pay back can take them, or we make sure that interest rates on those loans can't skyrocket like they have. Banning mortgages entirely is a little... over the top, but more regulation in the area I fully support.

of course the Federal Reserve has some importance, but the act of pumping money into a failing bank is also one of the many problems a capitalist society faces. I don't know much about the FRS nor how it affects banking systems, as that isn't my area of expertise, but, from what I know, to have a prevention on recession would be simply fantastic. The only problem is most of it is fueled by idiocy on the parts of the civilians whom partake in the companies and don't act quick enough to solve their own problems, and the greed on the corporate level where they truly do take advantage of some people. These two problems will most likely never be fixed or at least anytime soon.

And speaking of getting rid of the Mortgage system entirely was just a example of how problematic it is. Interest rates are normal and are used frequently in most objects of extreme value. This is merely to implement a paying system by the people who buy the item. Kind of like an insurance policy for the seller: either by the product faster or keep owing us. The only problem is how out of control the situation has gotten.

But the main problem with pumping money into these banks is using the public money in the private sector.
Surely these banks are enormously important, and the amount of money lost by their investors and the people who are apart of the bank would be disastrous, but there comes a point where a bank needs to die. The Act of the bailouts is just a prolonging of the bank. Honestly I believe if a business fails, it fails for a reason. This might not be entirely true for every business, as I'm sure some have come back strong, but this is just a small point.

This is some true shit, and I'm mostly a liberal.