On Mon, 22 Feb 2010 21:00:53 -0700, Canuck57
wrote:



Asside from the fact that most government workers are highly
inefficient, they produce zero value added output. Zero. Nada, zip,
zilch...OK, a pile of bull**** and hot air.

paranoid hatred of the govt is delusional

who are you talking about? brave and heroic US and Canadian troops who
are dying to protect freedom?

the FBI and RCMP who, for all their failings, protect their respective
countries?

the NIH researchers who've discovered cures for diseases, new drugs,
etc?


who'd you have in mind?


Government is a net consumer of wealth, it does not produce value added
products. It redistributes wealth, you bet. But adds no wealth to its
creations. And it's inefficiency is a wealth consumption.

fine. then go to an island where there's no govt. you're paranoid my
friend. govt is necessary

and how do you measure inefficiency when capitalism itself just
dropped the US economy by hundreds of billions in the last year? was
that efficient?


This is economics 101, obviously none of you arm chair idiots got an
education.

Pick up a good book.

you're a walking pustule of cliches

wrote in message
...
On Mon, 22 Feb 2010 23:05:30 -0500, bpuharic wrote:

On Mon, 22 Feb 2010 21:00:53 -0700, Canuck57
wrote:



l

who are you talking about? brave and heroic US and Canadian troops who
are dying to protect freedom?

In no way disrespectful of the fighting men, do you think we are more
"free" than we were in 1991 when we started our middle eastern
crusade? It is clear the terrorists have won.

the NIH researchers who've discovered cures for diseases, new drugs,
etc?

Private companies do a lot more than NIH. I only have to point to the
human genome project where a private company cracked the code in
months and NIH dunced around for years on it.



and how do you measure inefficiency when capitalism itself just
dropped the US economy by hundreds of billions in the last year? was
that efficient?

Yes, the economy was an illusion and we were going to lose a couple
trillion no matter what because it simply did not exist. It was phony
profit that we traded like real money. In that sense the market is
self correcting. If anything, things like TARP are only prolonging the
misery because we still have not paid the bill. We basically just paid
off our Amex bill by charging it on the Visa.
Much like a Visa card, we don't even know what our interest rate will
be, a year down the road.
This crisis is far from being over. It is simply hidden in the debt we
keep ignoring. 10 years from now the republic could be in worse shape
than the Soviets.

Well said. We have felt very little pain from this economy melt down. Yes
the 10-20% unemployed, but most have unemploymnent insurance, and those who
bought $500k homes with a $50k income were never going to be able to pay for
the house. They got to live in a nice house for a few years, and when they
stopped paying the mortgage, they lived in the house for another 6 months or
so rent free. Net, they probably paid less than rent with the 1% for the
first two years home loan. But overall the pain has not hit. Has been
hidden by the massive borrowing and printing of money by the Fed. What
happens in a year of two, when people figure out there is no beef in the US
dollar?

wrote in message
...
On Mon, 22 Feb 2010 23:05:30 -0500, bpuharic wrote:

On Mon, 22 Feb 2010 21:00:53 -0700, Canuck57
wrote:



l

who are you talking about? brave and heroic US and Canadian troops who
are dying to protect freedom?

In no way disrespectful of the fighting men, do you think we are more
"free" than we were in 1991 when we started our middle eastern
crusade? It is clear the terrorists have won.

the NIH researchers who've discovered cures for diseases, new drugs,
etc?

Private companies do a lot more than NIH. I only have to point to the
human genome project where a private company cracked the code in
months and NIH dunced around for years on it.

No they don't. The NIH is not tasked with things in so narrow of a focus. Go
to their website and read their mission statement.



and how do you measure inefficiency when capitalism itself just
dropped the US economy by hundreds of billions in the last year? was
that efficient?

Yes, the economy was an illusion and we were going to lose a couple
trillion no matter what because it simply did not exist. It was phony
profit that we traded like real money. In that sense the market is
self correcting. If anything, things like TARP are only prolonging the
misery because we still have not paid the bill. We basically just paid
off our Amex bill by charging it on the Visa.

Without required regulation, I agree! These big institutions need to be
regulated so they can't imperil the entire economy.

Much like a Visa card, we don't even know what our interest rate will
be, a year down the road.

You do now. That regulation just went into effect.

This crisis is far from being over. It is simply hidden in the debt we
keep ignoring. 10 years from now the republic could be in worse shape
than the Soviets.

Come on... another doomsday scenario. Complete bs. We're certainly aware of
the problem and it's starting to be addressed.

--
Nom=de=Plume

On Tue, 23 Feb 2010 12:01:12 -0500, wrote:

On Mon, 22 Feb 2010 23:05:30 -0500, bpuharic wrote:

On Mon, 22 Feb 2010 21:00:53 -0700, Canuck57
wrote:



l

who are you talking about? brave and heroic US and Canadian troops who
are dying to protect freedom?

In no way disrespectful of the fighting men, do you think we are more
"free" than we were in 1991 when we started our middle eastern
crusade? It is clear the terrorists have won.

really? gee. the last time a terrorist attack happened in the US by
islamists was 2001.



the NIH researchers who've discovered cures for diseases, new drugs,
etc?

Private companies do a lot more than NIH. I only have to point to the
human genome project where a private company cracked the code in
months and NIH dunced around for years on it.

really? got proof of that? and private companies often feed off
university labs...funded by NIH.




and how do you measure inefficiency when capitalism itself just
dropped the US economy by hundreds of billions in the last year? was
that efficient?

Yes, the economy was an illusion and we were going to lose a couple
trillion no matter what because it simply did not exist. It was phony
profit that we traded like real money

?? and yet you say this has no connection with capitalism

go figure

On Tue, 23 Feb 2010 10:59:51 -0800, "Bill McKee"
wrote:




Well said. We have felt very little pain from this economy melt down. Yes
the 10-20% unemployed, but most have unemploymnent insurance,

actually many don't. about 1M are set to lose it. and what about their
health insurance which they don't have?

On 23/02/2010 10:01 AM, wrote:
On Mon, 22 Feb 2010 23:05:30 -0500, wrote:

On Mon, 22 Feb 2010 21:00:53 -0700,
wrote:



l

who are you talking about? brave and heroic US and Canadian troops who
are dying to protect freedom?

In no way disrespectful of the fighting men, do you think we are more
"free" than we were in 1991 when we started our middle eastern
crusade? It is clear the terrorists have won.

the NIH researchers who've discovered cures for diseases, new drugs,
etc?

Private companies do a lot more than NIH. I only have to point to the
human genome project where a private company cracked the code in
months and NIH dunced around for years on it.



and how do you measure inefficiency when capitalism itself just
dropped the US economy by hundreds of billions in the last year? was
that efficient?

Yes, the economy was an illusion and we were going to lose a couple
trillion no matter what because it simply did not exist. It was phony
profit that we traded like real money. In that sense the market is
self correcting. If anything, things like TARP are only prolonging the
misery because we still have not paid the bill. We basically just paid
off our Amex bill by charging it on the Visa.
Much like a Visa card, we don't even know what our interest rate will
be, a year down the road.
This crisis is far from being over. It is simply hidden in the debt we
keep ignoring. 10 years from now the republic could be in worse shape
than the Soviets.

Especially when you look at this chart:

http://tinyurl.com/ycwcnfm

The Obamanation at work. Looks like every president before him did a
better job when recessions hit. But Obama is still talking and debt
spending.

On Tue, 23 Feb 2010 17:46:42 -0700, Canuck57
wrote:

On 23/02/2010 10:01 AM, wrote:


http://tinyurl.com/ycwcnfm

The Obamanation at work. Looks like every president before him did a
better job when recessions hit. But Obama is still talking and debt
spending.

since there never has been a recession like this since 29, and that
one led to 25% unemployment

we can see his view that tens of millions of people walking the street
is fine

as long as the rich do OK

wrote:
On Tue, 23 Feb 2010 15:11:45 -0800, "nom=de=plume"
wrote:

Private companies do a lot more than NIH. I only have to point to the
human genome project where a private company cracked the code in
months and NIH dunced around for years on it.
No they don't. The NIH is not tasked with things in so narrow of a focus. Go
to their website and read their mission statement.

I worked at NIH for several years (IBM). I know the culture

But that dumb ass bitch read the mission statement. Doesn't that count
for anything?

On Tue, 23 Feb 2010 22:04:48 -0500, wrote:

On Tue, 23 Feb 2010 18:43:50 -0500, bpuharic wrote:

who are you talking about? brave and heroic US and Canadian troops who
are dying to protect freedom?

In no way disrespectful of the fighting men, do you think we are more
"free" than we were in 1991 when we started our middle eastern
crusade? It is clear the terrorists have won.

really? gee. the last time a terrorist attack happened in the US by
islamists was 2001.

Detroit?

But that is not the point. I addressed "freedom". Do you really think
there have been no intrusions on your freedom, in the name of
security, since 1991?
The terrorists don't even have to be successful to cause us billions
of dollars in damage and huge intrusions into our lives.

bush certainly tried to destroy freedom...another point the right
refuses to blame on him

and there have been times in US history when we've lost ALOT more than
we've lost today

On 23/02/2010 7:07 PM, bpuharic wrote:
On Tue, 23 Feb 2010 17:46:42 -0700,
wrote:

On 23/02/2010 10:01 AM, wrote:


http://tinyurl.com/ycwcnfm

The Obamanation at work. Looks like every president before him did a
better job when recessions hit. But Obama is still talking and debt
spending.

since there never has been a recession like this since 29, and that
one led to 25% unemployment

we can see his view that tens of millions of people walking the street
is fine

as long as the rich do OK

In real no BS unadjusted terms, raw unemployment will go past 25 this
year. I figure in October/November.

Because Obamanomics is about screwing producers and rewarding the
corrupt. It is a 100% dismal failure from a big mouth buffoon.

And as other debtor governments are now doing, they are pulling in the
spending horns real fast as they know the bottom is yet to come.
Governemtns are offering bond, they go unfilled. Yep, governmetns are
now becoming worried as the big debt ponzi scheme didn't work.

Did you know as of Sept 2008 when it looked like Obama was going to win,
the US government hasn't been able to borrow the money it needs from the
markets? It is wholely created new money... inflationary money.