Romney: ‘I Believe The World Is Getting Warmer’ And Humans Partly Responsible

[Mr. Big Dog 10,747]

Have you ever seen a GOP primary poll where Palin's support goes over 25%? I haven't.

Flocking - not quite.

Well, she shares the flock with other powerhouses such as Santorum, Bachmann and locally with great minds like Angle and O'Donnell.

[I AM NOT THAT GUY 5,715]

You are starting to remind me of somebody else.

[Mr. Big Dog 10,747]

i guess "flocking" means the media following her around. if she wins the gop nomination, i'll vote obama.

Commie.

You are starting to remind me of somebody else.

As do you. Wise one-liners. All hat no cattle there old man.

[I AM NOT THAT GUY 5,715]

No cattle means no BS.

[Mr. Big Dog 10,747]

No cattle means no BSsubstance.

there, fixed.

[Ban Hammer 13,491]

No cattle means no BS.

no, it does not.

[I AM NOT THAT GUY 5,715]

no, it does not.

[Ban Hammer 13,491]

http://en.wiktionary.org/wiki/all_hat_and_no_cattle

where do you want your fail sign?

[I AM NOT THAT GUY 5,715]

http://en.wiktionary.org/wiki/all_hat_and_no_cattle

where do you want your fail sign?

I have heard the saying before. I know what it means.

Edited June 5, 2011 by Some Old Guy

[Mr. Big Dog 10,747]

I have heard the saying before. I know what it means.

Apparently not.

No cattle means no BS.

[luckytxn 2,265]

Just curious and wanted to know what the ones think that spending money is the way to go.

We had an economic downturn big time. Every year since they have racked up a record deficit borrowing and spending. The unemployment figures have just out and showed an increase back to 9.1. The stock market has just had the longest streak of losses since 04. Now we have this also.

The ailing US housing market passed a grim milestone in the first quarter of this year, posting a further deterioration that means the fall in house prices is now greater than that suffered during the Great Depression.

There is other bad news and this is not including inflation creeping in big time and with more fiat money being pumped in should worsen.

So since some Obama the Socialist lovers on here think he is so wonderful and has been on the right track must feel that his spending is good. Now since we have pretty much of the same old doldrums then I am assuming that these ones think we must just toss more money at the problem so I have a question. How much?

1. A lot but not as much as in the past

2. About the same as we have in the past

3. Even more and damn the deficit

4. Way way more and keep the printing presses humming and in fact buy a lot more printing presses

[scandal 951]

Businesses do strategically raise debt when appropriate and so should governments.

Yup. Especially with historically low rates, and nearly free-money to be had in the debt markets.

Exhibit A: Google just had its first bond issuance, despite billions of free cash in its balance sheet.

http://finance.yahoo.com/news/Google-bond-deal-sets-stage-rb-829260266.html?x=0&sec=topStories&pos=main&asset=&ccode=

Google bond deal sets stage for Apple, Amazon

On Friday May 20, 2011, 12:17 pm EDT

by Danielle Robinson

NEW YORK, May 20 (IFR) - The pressure is on Apple and Amazon to consider the merits of issuing bonds for the first time in their corporate lives, especially now that Google has demonstrated how low investors will go on yield to get a rare slice of large-cap tech company debt.

More than $9bn of orders flooded underwriters of the $3bn of three, five and 10-year notes Google offered earlier this week, which priced with coupons of just 1.25%, 2.125% and 3.625%.

Although the proceeds were officially used to pay off commercial paper, many believe Google has issued now so it has the lowest possible pricing points for bond deals in the future.

"It sets the stage for some future debt issuance, and we have incorporated the prospect of (Google) the company bringing more debt into its capital structure," said Richard Lane, senior technology company analyst at Moody's Investors Service.

"As of today, Google could double its debt and keep its Aa2 rating," Lane added.

The big technology companies started life conservatively, preferring to avoid debt and use the enormous amount of free cash flow that their businesses throw off every year to grow their businesses.

Corporate financing issues change, however, as a company grows in size.

"As many mega-cap companies mature, the top line often gets so large that it's hard to move the needle from a growth perspective with just organic growth," said Bryan Jennings, head of fixed income capital markets at Morgan Stanley.

"Often times the only way to create meaningful growth is by making a large strategic acquisition. If you want to fund that with debt, then now is an opportune time to establish a yield curve at historically low rates."

[james&olya 1,121]

On Friday at a town hall in New Hampshire, Romney told the crowd he accepted the scientific conclusion that global warming is happening, and that man-made emissions are a factor.

http://tpmdc.talkingpointsmemo.com/2011/06/romney-i-believe-the-world-is-getting-warmer-and-humans-partly-responsible.php

My respect for him went up but there is still virtually no chance I would vote for a member of today's republican party. And I have to disagree strongly that he is pandering with this statement! He knows as well as anyone where the tea party morons have taken the republican party on issues like global warming. I respect him because 1 - He has the intelligence and judgment to see the truth, and 2 - He has the courage to take an unpopular stance within his own party even when he knows the liabilities inherent in doing so.

Okay, so we can finally toss the theory that tax cuts stimulate the economy and employment to the garbage bin? Good. Let's not pretend anymore that this theory has any validity.

[Mr. Big Dog 10,747]

Just curious and wanted to know what the ones think that spending money is the way to go.

We had an economic downturn big time. Every year since they have racked up a record deficit borrowing and spending. The unemployment figures have just out and showed an increase back to 9.1. The stock market has just had the longest streak of losses since 04. Now we have this also.

The ailing US housing market passed a grim milestone in the first quarter of this year, posting a further deterioration that means the fall in house prices is now greater than that suffered during the Great Depression.

There is other bad news and this is not including inflation creeping in big time and with more fiat money being pumped in should worsen.

So since some Obama the Socialist lovers on here think he is so wonderful and has been on the right track must feel that his spending is good. Now since we have pretty much of the same old doldrums then I am assuming that these ones think we must just toss more money at the problem so I have a question. How much?

1. A lot but not as much as in the past

2. About the same as we have in the past

3. Even more and damn the deficit

4. Way way more and keep the printing presses humming and in fact buy a lot more printing presses

What extra spending - aside from the winding down stimulus spending - has Obama actually signed off on? Proof positive that Obama isn't the big spender causing the huge deficits is that all it takes for Congress to do to close the deficit in less than a decade is to do NOTHING AT ALL. Let that sink in. If Congress does NOTHING AT ALL, the deficit disappears in less than a decade. The huge deficits we're looking at have two main causes: 1) The two unfunded wars in Iraq and Afghanistan and 2) the 2001/2003 tax cut packages that have been extended. Take away these two items and there isn't any historic deficit left. Now, I fault Obama for having extended the Bush tax cuts and for not having drawn the line under the useless wars in Iraq and Afghanistan. A big spender, he is not. He's initiated less in spending, much less, then the GOP run Congress earlier this decade.

[Gary and Alla 3,694]