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#1094 - presidentkupo (06/16/2012) [-]
Someone posted this on FJ. I asked the question of "Why Hate Romney", to which an anon Junkies responded "Kinda Obvious". Well it isn't obvious! Someone enlighten me as to why people do not like Romney. Also, why the hate on President Obama and if you could be so kind why all the LOVE for President Clinton.
User avatar #1252 to #1094 - themanwithnoplan (06/17/2012) [-]
1. I'm guessing Burns
2. I know it is Romney
3. Burns
4. Romney, I'm 75% certain
5. Burns
6. Romney, 100%
7. Romney
8. Burns
9. Romney
10. Romney
11. Burns
12. Romney
13. Romney
14. Burns
User avatar #1233 to #1094 - cancerousiguana (06/17/2012) [-]
He endorsed the Ryan budget which slashes the fuck out of social welfare programs, namely Medicaid and Medicare, while not cutting Military spending. Sooo, fuck the people, expand the military... sounds like North Korea to me. Also, I'm almost certain that he would start a war in Iran and continue to extend the war in Afghanistan.

Also, he's a serious social conservative, so no moving forward on Gay Marriage or Marijuana

As for hate on Obama, I get the feeling that it's because the Economy hasn't gotten good enough under him. I do applaud him for his stance on Gay Marriage, I know he won't do anything about it until his second term, but I really do believe his "coming out" has helped sway the opinions of the American people. I also applaud him for giving the command to kill Osama, unlike dubya who had him on the run in Tora Bora and told his troops to fall back because he hadn't started the war in Iraq yet. I mean, because it was unsafe. Yeah, that's why we let him run.

On the flipside, he signed the NDAA, which is all bad. So I'm kind of love-hate with Obama.
#1190 to #1094 - anon (06/17/2012) [-]
Why hate Mittens? OK, let's start with the fact that he has hundreds of millions of dollars that he "earned" by stealing pension funds, slashing benefits, and shipping American Jobs overseas. Then you can move on to the fact that he's a cultist, a bully and an animal abuser, but if all that doesn't bother you, then just vote for him along with the westboro bunch.
User avatar #1135 to #1094 - heytheremister (06/16/2012) [-]
Have you seen all the pro-pot and pro-gay posts on here? We don't care for conservatives, honey.
User avatar #1149 to #1135 - herecomesjohnny (06/16/2012) [-]
and when we do it's probably a twelve year old playing tough or controversial-attention-seeker..
User avatar #1154 to #1149 - heytheremister (06/16/2012) [-]
hmm. Quite.
User avatar #1113 to #1094 - airguitar (06/16/2012) [-]
I was considering voting for him in November (its the first year I can vote) but he sad the "man and a woman" thing about gay marriage and I decided I'm voting for Ron Paul. No hate for Obama either as a person, I just do not trust him with the economy.
#1099 to #1094 - reaganomix (06/16/2012) [-]
People like Clinton because he was able to establish a budget surplus and the dot-com bubble in the 90's made it seem like the economy was doing well.

Average Americans think that the president has ultimate control over the economy so if the economy is doing well, the president must be a genius/god/hero.
#1150 to #1099 - herecomesjohnny (06/16/2012) [-]
I love how a president's economy policy counts more than his executive agreements overseas concerning his reputation. People can really be sheepish sometimes.
User avatar #1100 to #1099 - presidentkupo (06/16/2012) [-]
Like the picture.

Hmm that would make the most sense. Is that the reason for the President Bush hate, because under his time, the economy turned down. It wasn't his fault.
User avatar #1153 to #1100 - herecomesjohnny (06/16/2012) [-]
Bush crashed the economy by his flawed and impractical banking policies he put forth that ended up crashing the real estate domain and basically cut off a major part of people's savings.
#1102 to #1100 - reaganomix (06/16/2012) [-]
Most likely the wars we were drawn into. It didn't sit well with many Americans, especially when Bush campaigned on the idea of non-intervention and reducing the size of the military in 2000.

Bush also had the misfortune of having the housing bubble pop while he was in office so many blamed him for the economies down turn.
User avatar #1114 to #1102 - airguitar (06/16/2012) [-]
And what are your economic beliefs? Just curious.
User avatar #1206 to #1114 - reaganomix (06/17/2012) [-]
Free market like monetarism and Austrian economic type of free markets. I don't believe the government can regulate the economy without causing significant negative effects.

For example, the housing bubble was caused by many government involvement. The federal reserve decided to reduce interest rates to 1% for a very long time. A low interest rate makes it easier for banks to make loans. Since banks could make easy loans they decided to start giving money to people who could not afford it 'sub prime borrowers'. Since money was easy to get, banks made loans to people that couldn't afford it because they were still getting paid for it.

This explains the crisis better www.youtube.com/watch?v=bx_LWm6_6tA
User avatar #1209 to #1206 - airguitar (06/17/2012) [-]
Haha same, I only asked because I thought you had the same views ^_^

I'm reading a book against the bank bailouts right now and am moving on to "The Road to Serfdom" next along with "Capitalism and Freedom" and then a Ron Paul book 'A manifesto...'.

Are you familiar with the 'Fed Caused the Great Depression' debate?
User avatar #1219 to #1209 - reaganomix (06/17/2012) [-]
Yes, I know some of it. I think I saw it somewhere with Milton Friedman.

Since the federal reserve was to slow in providing enough money to banks during the bank runs, large numbers of banks ended up closing their doors because they did not have enough money. Since banks do not actually store the money you put in the bank, they end up giving it out as loans. So when all the depositors want to take their money out, the bank does not have enough money because they ended up loaning it.

As banks closed, the money supply began to fall as well. (Keep in mind we were still on the gold standard) Gold still flowed into America during the depression so the money supply could have increased, but the Federal Reserve did not introduce the gold into the economy.
User avatar #1224 to #1219 - airguitar (06/17/2012) [-]
That's the explanation I don't understand as much, largely because I don't understand how the market economy worked under the gold standard yet.

The other side is that the federal reserve was screwing with the price level. During the 20's the economy was booming but the federal reserve kept printing money and retracting it according to the expansion. I never learned the exact details of this but it caused prices to not reflect the true values of everything and the Price Level staying the same caused people to think the economy was steady when in fact it began declining.

Then, when the economy was nearing a recession the completely froze the money supply which exacerbated the problem. This is Friedman's argument that goes along with what you said.
User avatar #1229 to #1224 - reaganomix (06/17/2012) [-]
This is the first time I heard of the Fed adjusting price levels. Know anywhere I can read about it or wikipedia?
User avatar #1232 to #1229 - airguitar (06/17/2012) [-]
Also, random video link that is kind of hilarious that relates (decent chance you have already seen it):

#1236 to #1232 - reaganomix (06/17/2012) [-]
Those voices....
User avatar #1238 to #1236 - airguitar (06/17/2012) [-]
I makes it funnier in my opinion "Ben Bernank" XD
User avatar #1231 to #1229 - airguitar (06/17/2012) [-]
Most of that comes from one of my professor's lecture notes last semester. I think there was an article talking about it on Econlib, lemme see if I can find it for you.
User avatar #1107 to #1102 - presidentkupo (06/16/2012) [-]
Yo, thanks for all the info. Being the President must suck, I guess there nothing but a glorified civil servant. Next President should run on a campaign of "Blame it all on me", maybe they can make it work.
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