Defending the Truth
Articles | Interviews | Politicians | Groups | Arcade | Experience | Donate
  Defending the Truth > Other Topics of Discussion > Business and Industries
The Bad News Continues for Crybaby Democrats

Business and Industries Discuss things going on in the corporate world, individual companies and corporate practices.

Reply
Page 10 of 12 < 123456789 10 1112 >
 
LinkBack Thread Tools Display Modes
Old 06-02-2006, 02:08 PM   #91 (permalink)
Congressional Representative
 
intangible child's Avatar
Join Date: Feb 2006
Location: California Dreamin
Posts: 3,393
Points: 21,611, Level: 92
Points: 21,611, Level: 92 Points: 21,611, Level: 92 Points: 21,611, Level: 92
Level up: 27%, 739 Points needed
Level up: 27% Level up: 27% Level up: 27%
Activity: 52%
Activity: 52% Activity: 52% Activity: 52%
intangible child is offline 		Reply With Quote
 
Quote:
Originally Posted by Jefferson
...and you still didn't answer the question.
Live the Light, Give the Light,
Bring Heaven to Earth Every Day!


I am not a human being having a spiritual experience, I am a spiritual being having a human experience.

The ancient Greeks used to say, "You shall know a man by the friends that he keeps." Given the nature of their friends and advisers, what are we to conclude about the Republican party:
Stop the madness before us it stops!
Σταματήστε την τρέλα προτού να μας σταματήσεϊ Greek
Sponsored Links
Old 06-02-2006, 03:45 PM   #92 (permalink)
Banned
 
Jefferson's Avatar
Join Date: Feb 2006
Location: Omaha Beach
Posts: 7,298
Points: 21,921, Level: 92
Points: 21,921, Level: 92 Points: 21,921, Level: 92 Points: 21,921, Level: 92
Level up: 58%, 429 Points needed
Level up: 58% Level up: 58% Level up: 58%
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
Jefferson is offline 		Reply With Quote
 
Quote:
Originally Posted by intangible child
Still can't answer the question.
Old 06-02-2006, 05:40 PM   #93 (permalink)
Council Member
 
Dylan's Avatar
Join Date: Sep 2005
Posts: 1,808
Points: 6,624, Level: 53
Points: 6,624, Level: 53 Points: 6,624, Level: 53 Points: 6,624, Level: 53
Level up: 37%, 126 Points needed
Level up: 37% Level up: 37% Level up: 37%
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
Dylan is offline 		Reply With Quote
 
Quote:
Originally Posted by Jefferson
How many times did he lower them?



Short memory, 'eh?
Here are the federal interest rates from the last ten years.

Quote:
Intended federal funds rate
Change and level, 1990 to present
Change
(basis points)
Date Increase Decrease Level
(percent)

2006


May 10 25 ... 5.00
March 28 25 ... 4.75
January 31 25 ... 4.50

2005


December 13 25 ... 4.25
November 1 25 ... 4.00
September 20 25 ... 3.75
August 9 25 ... 3.50
June 30 25 ... 3.25
May 3 25 ... 3.00
March 22 25 ... 2.75
February 2 25 ... 2.50

2004


December 14 25 ... 2.25
November 10 25 ... 2.00
September 21 25 ... 1.75
August 10 25 ... 1.50
June 30 25 ... 1.25

2003


June 25 ... 25 1.00

2002


November 6 ... 50 1.25

2001


December 11 ... 25 1.75
November 6 ... 50 2.00
October 2 ... 50 2.50
September 17 ... 50 3.00
August 21 ... 25 3.50
June 27 ... 25 3.75
May 15 ... 50 4.00
April 18 ... 50 4.50
March 20 ... 50 5.00
January 31 ... 50 5.50
January 3 ... 50 6.00

2000
May 16 50 ... 6.50
March 21 25 ... 6.00
February 2 25 ... 5.75

1999
November 16 25 ... 5.50
August 24 25 ... 5.25
June 30 25 ... 5.00

1998
November 17 ... 25 4.75
October 15 ... 25 5.00
September 29 ... 25 5.25

1997
March 25 25 ... 5.50

1996
January 31 ... 25 5.25

1995
December 19 ... 25 5.50
July 6 ... 25 5.75
February 1 50 ... 6.00

1994
November 15 75 ... 5.50
August 16 50 ... 4.75
May 17 50 ... 4.25
April 18 25 ... 3.75
March 22 25 ... 3.50
February 4 25 ... 3.25

1992
September 4 ... 25 3.00
July 2 ... 50 3.25
April 9 ... 25 3.75

1991
December 20 ... 50 4.00
December 6 ... 25 4.50
November 6 ... 25 4.75
October 31 ... 25 5.00
September 13 ... 25 5.25
August 6 ... 25 5.50
April 30 ... 25 5.75
March 8 ... 25 6.00
February 1 ... 50 6.25
January 9 ... 25 6.75

1990
December 18 ... 25 7.00
December 7 ... 25 7.25
November 13 ... 25 7.50
October 29 ... 25 7.75
July 13 ... 25 8.00
A basis point is 1/100 percentage point.
It's a little messy, but this link has a neater table. It didn't copy very well.
http://www.federalreserve.gov/fomc/fundsrate.htm



This chart shows the percentage of the national debt as a percentage of the GDP, in order to offset the discrepancies caused by inflation. The debt is high under Truman because he had just come out of World War II. A small hike during the Carter Administration is followed by a rapidly rising debt because of increased defence speaking by the Reagan and Bush Sr. Administration. The debt shrunk for the first time in 20 years under Clinton, who managed to balance the budget. Bush's increased defence spending, creation of entire new departments, and tax cuts have increased the debt rapidly, again.

You'll notice that as the deficit has increased, federal interest rates have increased accordingly.

So... The rates were raised 16 times total under Bush Jr. The rates under Clinton were raised 14 times, but the national debt also went down, so this was probably just part of that effort.

Things are only going to get worse.

They don't call economics "the dismal science" for nothing.
Last edited by Dylan; 06-03-2006 at 11:35 AM.
Old 06-03-2006, 10:05 AM   #94 (permalink)
Banned
 
Jefferson's Avatar
Join Date: Feb 2006
Location: Omaha Beach
Posts: 7,298
Points: 21,921, Level: 92
Points: 21,921, Level: 92 Points: 21,921, Level: 92 Points: 21,921, Level: 92
Level up: 58%, 429 Points needed
Level up: 58% Level up: 58% Level up: 58%
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
Jefferson is offline 		Reply With Quote
 
Quote:
Originally Posted by Dylan
Here are the federal interest rates from the last ten years.
Thank you for answering.

Greenspan lowered the Federal Reserve many times MORE than he raised it.
Old 06-03-2006, 11:36 AM   #95 (permalink)
Council Member
 
Dylan's Avatar
Join Date: Sep 2005
Posts: 1,808
Points: 6,624, Level: 53
Points: 6,624, Level: 53 Points: 6,624, Level: 53 Points: 6,624, Level: 53
Level up: 37%, 126 Points needed
Level up: 37% Level up: 37% Level up: 37%
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
Dylan is offline 		Reply With Quote
 
Quote:
Originally Posted by Jefferson
Thank you for answering.

Greenspan lowered the Federal Reserve many times MORE than he raised it.
Really? Because the table I'm looking at says that he hasn't lowered interest rates once in three years.
Old 06-03-2006, 01:46 PM   #96 (permalink)
Banned
 
Jefferson's Avatar
Join Date: Feb 2006
Location: Omaha Beach
Posts: 7,298
Points: 21,921, Level: 92
Points: 21,921, Level: 92 Points: 21,921, Level: 92 Points: 21,921, Level: 92
Level up: 58%, 429 Points needed
Level up: 58% Level up: 58% Level up: 58%
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
Jefferson is offline 		Reply With Quote
 
Quote:
Originally Posted by Dylan
Really? Because the table I'm looking at says that he hasn't lowered interest rates once in three years.
What does "in the last 3 years" have to do with anything.

You're OBVIOUSLY not old enough to remember the 20% inflation and 20% interest rates of the 70s, are you?
Old 06-03-2006, 09:19 PM   #97 (permalink)
Council Member
 
Dylan's Avatar
Join Date: Sep 2005
Posts: 1,808
Points: 6,624, Level: 53
Points: 6,624, Level: 53 Points: 6,624, Level: 53 Points: 6,624, Level: 53
Level up: 37%, 126 Points needed
Level up: 37% Level up: 37% Level up: 37%
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
Dylan is offline 		Reply With Quote
 
Quote:
Originally Posted by Jefferson
What does "in the last 3 years" have to do with anything.

You're OBVIOUSLY not old enough to remember the 20% inflation and 20% interest rates of the 70s, are you?
The last three years have experienced a steep hike in the accumulation of debt, because of the Iraq War, hence the steady raising of interest rates.
Old 06-05-2006, 05:59 AM   #98 (permalink)
Super Moderator
Moderator
 
tyreay's Avatar
Join Date: Nov 2005
Location: RI
Gender: Male
Posts: 2,846
Country:
Points: 15,165, Level: 79
Points: 15,165, Level: 79 Points: 15,165, Level: 79 Points: 15,165, Level: 79
Level up: 63%, 185 Points needed
Level up: 63% Level up: 63% Level up: 63%
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
Send a message via Yahoo to tyreay
tyreay is offline 		Reply With Quote
 
Quote:
Originally Posted by Jefferson
"The sky is falling! The sky is falling!"

"Wait wait..."

"The sky is gonna fall next year!!! The sky is gonna fall next year!!!"


"Well, maybe..."

"The sky might fall sometime in the future!!!! The sky might fall sometime in the future!!!!"
I don't have the time, or the inclination, to come in here and have to constantly argue with you Jefferson. You tell me how wrong I am and then when I ask you for proof you wine and cry and can't give me an answer. You asked me to show some backing for my contention the economy won't continue it's upswing. Then when I provide it, you, still with out answering my basic questions, claim one of the biggest authorities on the subject is wrong(simply because of your lack of understanding of the article). Then you expect me to explain it to you. Then you bitch some more about how my proof is speculation, which was futrther proof you didn't understand. I continued to ask for some type of backing for your challenge and all you continue to do is put down my source and call me your wonderful titles. Then you have the balls to actually say you kicked my ass. This really doesn't make me the arrogant one.
Even after all your bullshit I gave my own reason why, which is very simple really (when the interest rates rise things will change, and are starting to right now), and you say intelligent stuff like the sky is falling. Did you learn that one in college?
You not only prove how truely clueless you are but how truely pathetic you always turn out to be. You are so friggin short-sighted and egotisical you don't even realize how you kicked your own ass and really just showed how totally incapable of an honest debate you are. None of you little insults will get you out of this because everyone here knows what the truth is no matter how much more you try to twist it.
Politics, it seems to me, for years, or all too long, has been concerned with right or left instead of right or wrong. ~Richard Armour

There are many men of principle in both parties in America, but there is no party of principle. ~Alexis de Tocqueville
Old 06-05-2006, 10:06 AM   #99 (permalink)
Banned
 
Jefferson's Avatar
Join Date: Feb 2006
Location: Omaha Beach
Posts: 7,298
Points: 21,921, Level: 92
Points: 21,921, Level: 92 Points: 21,921, Level: 92 Points: 21,921, Level: 92
Level up: 58%, 429 Points needed
Level up: 58% Level up: 58% Level up: 58%
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
Jefferson is offline 		Reply With Quote
 
Quote:
Originally Posted by tyreay
I don't have the time, or the inclination, to come in here and have to constantly argue with you Jefferson. You tell me how wrong I am and then when I ask you for proof you wine and cry and can't give me an answer. You asked me to show some backing for my contention the economy won't continue it's upswing. Then when I provide it, you, still with out answering my basic questions, claim one of the biggest authorities on the subject is wrong(simply because of your lack of understanding of the article). Then you expect me to explain it to you. Then you bitch some more about how my proof is speculation, which was futrther proof you didn't understand. I continued to ask for some type of backing for your challenge and all you continue to do is put down my source and call me your wonderful titles. Then you have the balls to actually say you kicked my ass. This really doesn't make me the arrogant one.
Even after all your bullshit I gave my own reason why, which is very simple really (when the interest rates rise things will change, and are starting to right now), and you say intelligent stuff like the sky is falling. Did you learn that one in college?
You not only prove how truely clueless you are but how truely pathetic you always turn out to be. You are so friggin short-sighted and egotisical you don't even realize how you kicked your own ass and really just showed how totally incapable of an honest debate you are. None of you little insults will get you out of this because everyone here knows what the truth is no matter how much more you try to twist it.

Here's the deal, you arrogant arse.

You start cry-babying about the national debt. I challenge ANY of you to explain the exact correlation between the national debt and the economy. The BEST you can do is some pansy copy & paste article that speculates "this and that" and explains absolutely nothing - proving that YOU HAVE NO CLUE WHAT YOU'RE TALKING ABOUT.

The economy is strong and robust right now. You cannot deny that, so you start cry-babying about "Yeah, but it's going to collapse someday."

Duhhhhhh, Einstein.
Old 06-05-2006, 12:24 PM   #100 (permalink)
Super Moderator
Moderator
 
hevusa's Avatar
Join Date: Feb 2005
Location: Seattle (grew up around D.C.)
Gender: Male
Posts: 7,887
Country:
Points: 28,601, Level: 99
Points: 28,601, Level: 99 Points: 28,601, Level: 99 Points: 28,601, Level: 99
Level up: 16%, 1,399 Points needed
Level up: 16% Level up: 16% Level up: 16%
Activity: 100%
Activity: 100% Activity: 100% Activity: 100%
hevusa is offline 		Reply With Quote
 
Quote:
Originally Posted by Jefferson
I challenge ANY of you to explain the exact correlation between the national debt and the economy.
Dylan has several times with good references.

The problem is you explain things with no references other than your opinion, and your opinion is usually inaccurate. Provide references and stop calling people babies. You are a grown man for christ's sake.
--- help me Instant Runoff Voting, you're my only hope ---

There is little doubt that the world in general is more liberal than it was 50 years ago and beyond. Conservatives are simply roadblocks on the path to an ever more progressive and liberal world. What a sad existence.
Reply
Page 10 of 12 < 123456789 10 1112 >

Bookmarks

« Previous Thread | Next Thread »
Thread Tools
Display Modes
Linear Mode Linear Mode



All times are GMT -5. The time now is 03:29 PM.

Defending the Truth - FAQ - Rules - Contact Us - Donate - Archive - Top

 Top Political Sites
Poltical Topsites 

Recommended Sites