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9.5 WHOO-EEE, way to go DUDE
Vic Smith wrote:
On Fri, 03 Jul 2009 07:58:04 -0400, HK wrote: Eisboch wrote: "Frogwatch" wrote in message ... Whoa, who woulda thunk that dead Reagan coulda tricked us inta spending that nearly 2 trillion under Obama. I spose that just shows how great Reagan was to force Obama to spend all that money and accomplish nothing. ------------------------------------ The most significant current factor affecting the US economy/recovery right now in both business and in private spending habits is the incredible, unfathomable amount of spending and debt that this administration is willing to commit to. It's the same, irresponible spending on credit philosophy that got us into the situation we are in in the first place, except at a grand, federal level and with inadequate income to pay the bills. Our liberal social reformers can try to justify it all they want. The fact is the country can simply not afford it. Rational and economically thoughtful people understand this and are very concerned. Business is the lifeblood of this country as we know it. Without incentives for it to grow and prosper, the USA will choke to death in social program debt. Laws should be enforced to prevent scams and illegal business activities, but the only way to return this country to prosperity is to provide incentives for businesses to grow. Instead, and as witnessed here by the comments of our liberal anti-corporation friends, the "enlightened" philosophy and "in thing' now is to crucify all business or corporate entities. It's like ****ing in your own water supply. Eisboch I must have missed the part in which you explained why we should once again "trust" business to do the "right thing" for working Americans and their families. American businesses have sold us down the river by: 1. exporting jobs as quickly as possible 2. producing products that kill us or make us sick 3. running financial services companies in a manner that literally bankrupted millions of families and made a retirement just about impossible 4. cutting back on health care benefits for workers, and resisting efforts to enable national health care plans 5. hiring "foreign" workers to come to this country legally and displace higher-paid American workers 6. hiring as many "illegal" workers as possible so as to have an easily exploitable workforce 7. fighting regulations that ensure American-made content 8. fighting anti-pollution laws 9. pushing for more and more development at the expense of the environment 10.engaging in massive fraud whenever possible to screw the taxpayers And so forth. Yes, Richard, I know. There are businesses that are operated properly...for their owners. Sorry, I don't trust "business" to "do the right thing" for anyone other than its immediate owners and top executive employees. I might start believing again if corporate salaries were limited to, oh, maybe 10 times the salary of the average non-executive worker at each company. Good list. Too bad politics blinds some people to reality. Which makes you a commie to the other commies. In a global economy the rules have changed, and the old rule of "What's good for business is good for America" is defunct. Here's something about capitalism from Wiki. "The central axiom of capitalism is that the best allocation of resources is achieved through consumers having free choice, and producers responding accordingly to meet consumer demand." Seems simple enough. And it worked well enough here before globalism and debt and joblessness reared their heads. What isn't said there but can be implied is that to be a consumer one must have a stake in the game. Chips to play. That normally mean a job. Then you're in the game. Which gets into politics, which is local, whether in a city or a country. Politics establishes the rules of the game, and who can play. Another issue not mentioned in that axiom is that in our political system, another free choice is the vote. The vote is more important than the economic system, and ultimately determines the economic system, the rules, and who plays. Commie China is capitalistic. No real vote. In some countries considered "Socialist" citizens do have a vote. Governmental systems are fairly complex without getting into the weeds so I've kept it simple. But here's the bottom line. America has voted in Barrack Obama, and a bunch of other Democrats. The people have spoken. If the people feel that's not in their best interests and it was a mistake, they'll be gone soon enough. I can live with all that. No problemo. God, I love this country. Time for a beer. You guys keep arguing. Maybe I'll have some popcorn too. --Vic Some of the right-tards on the "over the top" websites are talking about an armed revolution as the only way to put the conservatives back in the driver's seat. I'd like nothing better than to see the righties take on the feds. Hell, I'd borrow a uniform from the good humor man and join in the fight against right-wing insurgents. I wonder what the bounty would be. |
9.5 WHOO-EEE, way to go DUDE
HK wrote:
Vic Smith wrote: On Fri, 03 Jul 2009 07:58:04 -0400, HK wrote: Eisboch wrote: "Frogwatch" wrote in message ... Whoa, who woulda thunk that dead Reagan coulda tricked us inta spending that nearly 2 trillion under Obama. I spose that just shows how great Reagan was to force Obama to spend all that money and accomplish nothing. ------------------------------------ The most significant current factor affecting the US economy/recovery right now in both business and in private spending habits is the incredible, unfathomable amount of spending and debt that this administration is willing to commit to. It's the same, irresponible spending on credit philosophy that got us into the situation we are in in the first place, except at a grand, federal level and with inadequate income to pay the bills. Our liberal social reformers can try to justify it all they want. The fact is the country can simply not afford it. Rational and economically thoughtful people understand this and are very concerned. Business is the lifeblood of this country as we know it. Without incentives for it to grow and prosper, the USA will choke to death in social program debt. Laws should be enforced to prevent scams and illegal business activities, but the only way to return this country to prosperity is to provide incentives for businesses to grow. Instead, and as witnessed here by the comments of our liberal anti-corporation friends, the "enlightened" philosophy and "in thing' now is to crucify all business or corporate entities. It's like ****ing in your own water supply. Eisboch I must have missed the part in which you explained why we should once again "trust" business to do the "right thing" for working Americans and their families. American businesses have sold us down the river by: 1. exporting jobs as quickly as possible 2. producing products that kill us or make us sick 3. running financial services companies in a manner that literally bankrupted millions of families and made a retirement just about impossible 4. cutting back on health care benefits for workers, and resisting efforts to enable national health care plans 5. hiring "foreign" workers to come to this country legally and displace higher-paid American workers 6. hiring as many "illegal" workers as possible so as to have an easily exploitable workforce 7. fighting regulations that ensure American-made content 8. fighting anti-pollution laws 9. pushing for more and more development at the expense of the environment 10.engaging in massive fraud whenever possible to screw the taxpayers And so forth. Yes, Richard, I know. There are businesses that are operated properly...for their owners. Sorry, I don't trust "business" to "do the right thing" for anyone other than its immediate owners and top executive employees. I might start believing again if corporate salaries were limited to, oh, maybe 10 times the salary of the average non-executive worker at each company. Good list. Too bad politics blinds some people to reality. Which makes you a commie to the other commies. In a global economy the rules have changed, and the old rule of "What's good for business is good for America" is defunct. Here's something about capitalism from Wiki. "The central axiom of capitalism is that the best allocation of resources is achieved through consumers having free choice, and producers responding accordingly to meet consumer demand." Seems simple enough. And it worked well enough here before globalism and debt and joblessness reared their heads. What isn't said there but can be implied is that to be a consumer one must have a stake in the game. Chips to play. That normally mean a job. Then you're in the game. Which gets into politics, which is local, whether in a city or a country. Politics establishes the rules of the game, and who can play. Another issue not mentioned in that axiom is that in our political system, another free choice is the vote. The vote is more important than the economic system, and ultimately determines the economic system, the rules, and who plays. Commie China is capitalistic. No real vote. In some countries considered "Socialist" citizens do have a vote. Governmental systems are fairly complex without getting into the weeds so I've kept it simple. But here's the bottom line. America has voted in Barrack Obama, and a bunch of other Democrats. The people have spoken. If the people feel that's not in their best interests and it was a mistake, they'll be gone soon enough. I can live with all that. No problemo. God, I love this country. Time for a beer. You guys keep arguing. Maybe I'll have some popcorn too. --Vic Some of the right-tards on the "over the top" websites are talking about an armed revolution as the only way to put the conservatives back in the driver's seat. I'd like nothing better than to see the righties take on the feds. Hell, I'd borrow a uniform from the good humor man and join in the fight against right-wing insurgents. I wonder what the bounty would be. You would look dashing in a good humor man uniform. |
9.5 WHOO-EEE, way to go DUDE
J i m wrote:
Eisboch wrote: "HK" wrote in message ... Obama didn't create a failed economy...he inherited it. That excuse is only good for so long, and it's getting dated. Every new administration inherits problems and issues and they deserve to be judged and held accountable on how they respond to them. Obama had many good qualities as a global representative of the US compared to the previous administration, but the shine and glitter is becoming tarnished, especially in his domestic economic policies. His solution to all ills is to promise to throw more money at them. Problem is, there's no money to be thrown and the public, even a growing number of those who were mesmerized by the hope and change rhetoric are waking up and realizing it. His community organizer background is proving to be naive, wishful thinking in the real world of global politics and economics. Nice guy and all, but he's going to get his clock cleaned if he doesn't wake up. Eisboch All that glitters is not gold in Obama's case. He doesn't have a clue what money represents, but he is doing a hell of a job destroying the value of money. I vote we go back to the bartering system where goods and services are traded for goods and services of like value. How many chickens will it take for me to get that new Tiara? |
9.5 WHOO-EEE, way to go DUDE
On Jul 3, 8:12*pm, D K wrote:
J i m wrote: Eisboch wrote: "HK" wrote in message ... Obama didn't create a failed economy...he inherited it. That excuse is only good for so long, and it's getting dated. Every new administration inherits problems and issues and they deserve to be judged and held accountable on how they respond to them. Obama had many good qualities as a global representative of the US compared to the previous administration, but the shine and glitter is becoming tarnished, especially in his domestic economic policies. * His solution to all ills is to promise to throw more money at them. * Problem is, there's no money to be thrown and the public, even a growing number of those who were mesmerized by the hope and change rhetoric *are waking up and realizing it. His community organizer background is proving to be naive, wishful thinking in the real world of global politics and economics. *Nice guy and all, but he's going to get his clock cleaned if he doesn't wake up. Eisboch All that glitters is not gold in Obama's case. He doesn't have a clue what money represents, but he is doing a hell of a job destroying the value of money. I vote we go back to the bartering system where goods and services are traded for goods and services of like value. How many chickens will it take for me to get that new Tiara? Harry, where do you find such stuff? I aint never seen such armed revolution stuff. |
9.5 WHOO-EEE, way to go DUDE
"Eisboch" wrote in message ... "HK" wrote in message ... Yes, Richard, I know. There are businesses that are operated properly...for their owners. Sorry, I don't trust "business" to "do the right thing" for anyone other than its immediate owners and top executive employees. I might start believing again if corporate salaries were limited to, oh, maybe 10 times the salary of the average non-executive worker at each company. Like it or not, business and capitalism is the lifeblood of our country and economy. The focus should be on eradicating special interests, crooked politicians, greed in corporations and in the enforcement of laws. The alternative is government controlled commerce and economy. Is that what you advocate? Eisboch Employers are exporting jobs because we have priced ourselves out of the manufacturing market. Mostly because of an inflated dollar and high taxation. |
9.5 WHOO-EEE, way to go DUDE
"HK" wrote in message m... Lu Powell wrote: "HK" wrote in message m... Eisboch wrote: "HK" wrote in message ... Yes, Richard, I know. There are businesses that are operated properly...for their owners. Sorry, I don't trust "business" to "do the right thing" for anyone other than its immediate owners and top executive employees. I might start believing again if corporate salaries were limited to, oh, maybe 10 times the salary of the average non-executive worker at each company. Like it or not, business and capitalism is the lifeblood of our country and economy. The focus should be on eradicating special interests, crooked politicians, greed in corporations and in the enforcement of laws. The alternative is government controlled commerce and economy. Is that what you advocate? Eisboch Richard, how do you propose eradicating the greed of corporations and their senior employees? I know one way...mandatory nearly confiscatory taxes on ALL income, whatever the source, above a certain amount, strict limitations on bonuses, and no deferral of income. That might lead to a corporate executive class as incompetent as the one we have now, though, eh? That's classic Marxism, Harry. Your true colors are showing. Sorry, Lu, but it isn't. Obviously, you don't know anything about Marxism, either. Or are you disputing that our corporate executive class is incompetent? If were are taxing incompetence, then start with 99% taxation on Congress critters and no benefits. |
9.5 WHOO-EEE, way to go DUDE
"HK" wrote in message m... Lu Powell wrote: "HK" wrote in message m... Lu Powell wrote: "HK" wrote in message m... Lu Powell wrote: "HK" wrote in message m... Eisboch wrote: "HK" wrote in message ... Yes, Richard, I know. There are businesses that are operated properly...for their owners. Sorry, I don't trust "business" to "do the right thing" for anyone other than its immediate owners and top executive employees. I might start believing again if corporate salaries were limited to, oh, maybe 10 times the salary of the average non-executive worker at each company. Like it or not, business and capitalism is the lifeblood of our country and economy. The focus should be on eradicating special interests, crooked politicians, greed in corporations and in the enforcement of laws. The alternative is government controlled commerce and economy. Is that what you advocate? Eisboch Richard, how do you propose eradicating the greed of corporations and their senior employees? I know one way...mandatory nearly confiscatory taxes on ALL income, whatever the source, above a certain amount, strict limitations on bonuses, and no deferral of income. That might lead to a corporate executive class as incompetent as the one we have now, though, eh? That's classic Marxism, Harry. Your true colors are showing. Sorry, Lu, but it isn't. Obviously, you don't know anything about Marxism, either. Or are you disputing that our corporate executive class is incompetent? Oh, but it is. See Eisboch's brilliant reply. Ditto for me. You can hide behind Eisboch, who is no dummy, but you are. You claimed a statement of mine was "classic Marxism." I say this again: you have no idea what "classic Marxism" is. Oh, but I do. It was the subject of a grad school course I took in 1971. To complete my term paper I studied the entire Communist Manifesto. Much of your rants have their parallels in that document. Have you read it at all? snerk Know anything about tax rates during the Eisenhower era? Ike, as everyone ones, was a classic Marxist. :) There were lots of deductions during Ike's time. Our effective tax rates are higher now, as the list of deductions has shrunk and changed. |
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