From: exuptr@exu.ericsson.se (exuptr@exu.ericsson.se)
Newsgroups: alt.politics.elections,alt.flame
Subject: BIS can't think
Date: 13 Sep 92 22:02:00 GMT
Organization: Ericsson Network Systems, Inc.

In article <1992Sep12.161929.24984@news.cs.brandeis.edu> bis@chaos.cs.brandeis.edu (Bis) writes:

>In article <exuptr.471.716142599@exu.ericsson.se> exuptr@exu.ericsson.se (exuptr@exu.ericsson.se) writes:
>>In article <1992Sep10.131533.25653@news.cs.brandeis.edu> bis@chaos.cs.brandeis.edu (Bis) writes:

>I didn't state a principle, you dipshit, I made very specific
>statement.  I didn't say "whenever the economy is bad, it's the
>president's fault", I said that Ronald Reagan is the one who destroyed
>the economy.  Your remark doesn't follow.

My remark stands.  Ronnie was a president, and he could not have single-
handedly have done anything to our economy.  Your theory is surpassed in
emptiness only by your head.

>>          We have a Congress that can't even balance their personal checking
>>accounts.  Only a moron would fail to see the connection between personal
>>hot checks and a HUGE national debt.

>No, only a moron--an incredibly naive moron that doesn't know shit
>about government and doesn't understand finances--would say something
>as outrageously ludicrous as that Congress's check bouncing is
>responsible for the national debt.

I didn't say that.  Read it again.  Did you graduate from high school?
There is a *connection* does not mean that the check bouncing is responsible.
Are you so clueless that you cannot even work that out?

It goes like this:

Mr X bounces checks
Mr X cannot balance his checkbook
Mr X does not understand balancing an economy, or he won't do it
Mr X is your congressman
Your country does not have a balanced budget.

I repeat:  Only a moron would fail to see the connection.

>Since you're obviously very clueless, let me clue you in:

>CLUE:  The total amount of money on the bounced checks doesn't even
>  amount to 1/10 of 1% of the nation debt!

So what?  Do you know what a 'clue' is?  It is dangerous to use a word
without knowledge of the meaning...

CLUE:  Someone who is irresponsible with their own money cannot be trusted
with yours.  Unless you are a moron.  Which is looking more likely all the
time.

>CLUE:  Deficit spending is what amassed the national debt!

Spending more than you have is the only way to run out of money.
If you spend less than your income you will have money left over.
They teach addition and subtraction in first grade now.  Maybe you want
to go back?

>CLUE:  The check bouncing only got out of hand in the past few years.
>  Reagan's voodoo economics started driving the defict, and
>  consequently the national debt, into the sky in the early 80's.  By
>  1984 things had gotten so out of hand that Reagan no longer even had
>  reducing the national debt and balancing the budget on his campaign
>  platform!

No.  There is only EVIDENCE of the bouncing for the last few years.  In 
1984, we had some new interesting problems, in case you don't remember.

>CLUE:  Bounced checks CANNOT incur a debt, no matter how much money
>  they're written for.  Since you are obviously a child who has never
>  had a bank account and does not understand banking, allow me to
>  explain it to you:  Checks are vouchers for money.  When a check is

This is only more crap that proves you totally missed the point.  What a
fool you are!  You've wasted all this energy on a point I didn't even
make.  

>  cashed, the amount is withdrawn from the account of the person who
>  wrote the check.  If the account lacks sufficient funds, the
>  transfer is not made, and the check is returned.  Then the check can
>  be cashed again.  The monetary gain/loss for both parties is no
>  different in the end if the check bounces than if it doesn't.  The
>  one exception to that is that most banks impose a fine for writing a 
>  check that bounces.  The Congressional bank previously did not
>  impose such fines, and many congresspeople were criticized for
>  abusing that privilege.

I can't get over this.  This guy actually thinks I meant that these turkeys
personally wrote checks that put the whole country in debt.

CLUE:  We're on planet earth, where are you BIS?

>Summary of CLUEs:  While the check bouncing has generated a huge
>  public hysteria regarding the "privileged life" enjoyed by the
>  "ruling elite", it has NOTHING WHATSOEVER to do with the state of
>  the economy!

Summary of CLUELESS:
BIS

>Recommendation:  Get a CLUE!

Recommendation: hopeless.

>>>Does this mean Bush is free of fault?  Of course not.  What did he do?
>>>Well...nothing.  :)
>>
>>Yes, like it's up to him and only him.  What has Congress done?  Less than
>>nothing.

>Hey, they tried, but Bush vetoed (or is that "vetod"?  Let's ask the
>Vice President about that one, he's the expert...) 

Obviously you're not.  It's vetoed.  2nd grade.

>their budgets for
>having the audacity to try to sneak by changes to the sacred Status
>Quo (I'm certain the White House staff capitalizes that).

No, the budgets included ridiculous allocations for unnecessary programs.
The President cannot pick and choose, so they can put something stupid in
the bill along with a lot of "good" things and blame him for rejecting it.

Clue: politics is nasty.

>And what about the Reagan years, which is when the economy was
>condemned to collapse?  Congress did pass most of Reagan's economic
>programs, particularly in the early 80s.  Yeah, I suppose you can
>blame Congress--for cooperating with Ronnie the Senile Fuckhead
>Reagan.

Congress passed severely crippled versions of some of Ronnie's programs, 
and have done worse to Bush.

Well, we can all be thankful for one thing.  At least BIS is not President.

;-)
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