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Time to trash the Conservatives
"nom=de=plume" wrote in message ... "Moose" wrote in message ... "nom=de=plume" wrote in message ... "Moose" wrote in message ... "nom=de=plume" wrote in message ... "Canuck57" wrote in message ... On 12/06/2010 1:05 PM, Moose wrote: wrote in message ... wrote in message ... On 11/06/2010 10:50 PM, nom=de=plume wrote: wrote in message ... nom=de=plume wrote: wrote in message ... wrote in message ... On 11/06/2010 11:56 AM, nom=de=plume wrote: wrote in message ... On Fri, 11 Jun 2010 09:12:26 -0400, wrote: Cut "entitlements." Helen Thomas wouldn't even have the nerve to say that. ;-) I feel sorry for her. She could have left the scene as a class act. Instead... Funny how everyone slams "entitlements" right up until it affects their social security, medicare, police/fire/infrastructure in their neighborhood, EMT availability, library access, etc. Then, it's don't touch. If people don't want entitlements, then they should vote against them and vote out any politician that promotes funding them. So far, that hasn't happened, and there doesn't appear to be any strong movement to do so. Actually, what the produicers shoudl do, and many are is to move. Why live in a country where the 2/3rds not paying for it can outvote the 1/3 that does? To me, it feels like taxation without representation when the begars, liberal losers and pocket pickers out vote the tax paying worker. Also known as slavery. Uh...did you say you weren't working at this time? He's unemployable. And you know that to be a fact because...Harry said so? It's so obvious... he can't really speak English. He rants like a crazy man. Actually, he might be employed, but I doubt it's more than in a day-laborer capacity. Jeez, said the unemployable envious slug.... -- Taxation, modern day slavery. The loss of economic freedom. You're the one who's always ranting about the sky fall numnuts. How would you like it if we started talking about your privates. Try to show a modicom of decency around here, Emanuela. Don't worry, if de-fumer came after my nuts, I would run like hell. She-it must be a real ball breaker. -- Taxation, modern day slavery. The loss of economic freedom. You have nuts?? Oh, you're talking what passes for balls. Nope. You don't have any of those. (Um!),Now you are taking inventory of some poor guy's junk. How low can you go, you stalking piece of ****e? So, you're claiming he has balls? How would you know? Did you check? You're sick! I'd rather be sick that stupid. You don't have a choice. Lucky you. You are both. "sick that stupid" ? We must have really rattled your cage. |
Time to trash the Conservatives
"nom=de=plume" wrote in message ... "Larry" wrote in message ... nom=de=plume wrote: "Larry" wrote in message ... nom=de=plume wrote: "Canuck57" wrote in message ... On 11/06/2010 9:03 PM, nom=de=plume wrote: "Canuck57" wrote in message ... On 11/06/2010 11:56 AM, nom=de=plume wrote: wrote in message ... On Fri, 11 Jun 2010 09:12:26 -0400, BAR wrote: Cut "entitlements." Helen Thomas wouldn't even have the nerve to say that. ;-) I feel sorry for her. She could have left the scene as a class act. Instead... Funny how everyone slams "entitlements" right up until it affects their social security, medicare, police/fire/infrastructure in their neighborhood, EMT availability, library access, etc. Then, it's don't touch. If people don't want entitlements, then they should vote against them and vote out any politician that promotes funding them. So far, that hasn't happened, and there doesn't appear to be any strong movement to do so. Actually, what the produicers shoudl do, and many are is to move. Why live in a country where the 2/3rds not paying for it can outvote the 1/3 that does? To me, it feels like taxation without representation when the begars, liberal losers and pocket pickers out vote the tax paying worker. Also known as slavery. -- Liberalism - a disease of envy, greed, entitlement and KAOS. What are you ranting about. Your first sentence is not coherent and the rest is just a mindless rant. Who cares how it feels to you??? You're not a citizen. Go complain to the Canadian gov't. I doubt they'll listen to you either. You had better care, who is going to pay for your welfare check? It will not be me for much longer. Me, I plan on retiring early and most of my assets are tax paid, so You are right about Canada, they are much further down the road than the US is. You will figure it out in 10 years. In Canada many move out of Canada on retirement. I might yet do so. -- Taxation, modern day slavery. The loss of economic freedom. You?? YOU???? hahaha... you can barely pay for your beer money. So you know that to be a fact? How? Osmosis. Nice try, moron. I guess you aren't familiar with that term either. I don't see why, you have nothing on plants. Again you show your ignorance. Enough already. |
OT entitlements (was lighthouses)
On Sun, 13 Jun 2010 00:00:08 -0700, "nom=de=plume"
wrote: Again, there's no expectation of "global" war. Who exactly are we going to fight that's capable of any kind of sustained major campaign?? Some might very well argue that we are already in the early stages of a global war against religious extremists. Unfortunately I don't see that situation getting better any time soon. How long did the crusades last in the middle ages, and how/why did they end? |
OT entitlements (was lighthouses)
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OT entitlements (was lighthouses)
wrote in message ... On Sat, 12 Jun 2010 23:54:54 -0700, "nom=de=plume" wrote: The real question still comes down to what the world will pay for our paper. Most of our debt is in short term notes. All it will take to bury us is for that interest rate we need to make our paper attractive go up to 7 or 8% The only reason they like the dollar is the rest of the western economies are in worse trouble than we are. Well, the world isn't having much of a problem so far. With all the trouble in Europe, the money seems to be invested in the US even more lately, as you said... they are in worse shape. China isn't going to do much, given they would lose lots and be much worse off if they decided to pull out of their investment in a precipitous fashion. China is still propping us up but that could change. To say there are no problems in Europe is just naive. Greece still has not agreed to the reforms necessary to get their house in order and the population is rioting in the street over it. They are telling people they will actually have to pay the taxes necessary to support their expenditures and pensioners are going to get a pay cut along with all of the government workers. We will have riots here when we get there too. Umm... who said Europe doesn't have problems? Again, there is no melt-down crisis looming. It's just not the case. Most societies adjust to financial changes. The riots will not be televised... lol Not really... there are always foolish people, but there are lots of people already in debt who don't pull out their money. As I said, the tax consequences alone usually give people pause. Many boomers are in debt in one form or another... mortgages are a good example. Most people think of their home as an asset, but if you owe money, it's really a liability... certainly one kind of liability that's easy to live with, even in retirement. The tax consequences disappear at 59.5 years old. If you are carrying a big balance on a 29.99% credit card, that 10-15% you will have to give Sam starts looking very attractive. Completely untrue. If you liquidate a regular IRA, you have to pay taxes on whatever you receive over some base amount. There are certainly going to be people with a 30% rate, but the vast majority won't be in that situation. And, as I said, it's not going to happen all at once. Where are the ones who have that rate now? I don't see any run on the banks happening. You don't need all the boomers to liquidate all of their 401k/IRA holding to seriously impact the markets, you just need the hint that they will and some movement in that direction. The rumor of a run on one stock caused the Dow to lose 1000 points in about 15 minutes. There is no such hint. That particular drop still hasn't been fully explained, and banks have failed in greater numbers in previous years. No run on banks happened then either. Keep whistling through that grave yard. No whistling required. Show me the "hint" besides empty statements... |
OT entitlements (was lighthouses)
"Wayne.B" wrote in message ... On Sun, 13 Jun 2010 00:00:08 -0700, "nom=de=plume" wrote: Again, there's no expectation of "global" war. Who exactly are we going to fight that's capable of any kind of sustained major campaign?? Some might very well argue that we are already in the early stages of a global war against religious extremists. Unfortunately I don't see that situation getting better any time soon. How long did the crusades last in the middle ages, and how/why did they end? They don't have the capacity to do much damage, not even with a nuclear device. We (and Obama is trying to do this) need to change how we look at who we're fighting. There have always been religious extremist and always will be. The Crusades? Where Christians hacked people up with sharpened crosses? |
OT entitlements (was lighthouses)
wrote in message ... On Sun, 13 Jun 2010 09:01:38 -0400, Wayne.B wrote: On Sun, 13 Jun 2010 00:00:08 -0700, "nom=de=plume" wrote: Again, there's no expectation of "global" war. Who exactly are we going to fight that's capable of any kind of sustained major campaign?? Some might very well argue that we are already in the early stages of a global war against religious extremists. Unfortunately I don't see that situation getting better any time soon. How long did the crusades last in the middle ages, and how/why did they end? Some could argue we are still watching the crusades. The classic crusades ended because Europe had their ass handed to them about 5 times in a row. I suspect we will lose this one too but I said that in 1991. We really should have taken the advice of those who said we should have put that early victory in our pocket and gone home. I knew we wouldn't. That is the same thing that happened to the first crusaders. One win and then a string of "ties" and humiliating losses after that, until they finally just stopped. Talk about whistling... this is just paranoid thinking. You act like there's an evil empire out there just waiting to attack. Sheesh. |
OT entitlements (was lighthouses)
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OT entitlements (was lighthouses)
wrote in message ... On Sun, 13 Jun 2010 00:00:08 -0700, "nom=de=plume" wrote: wrote in message . .. On Sat, 12 Jun 2010 15:30:23 -0700, "nom=de=plume" wrote: Tyler again. As long as people get to vote for the taxes they pay they will always vote themselves a "generous benefit" So, I ask again, what's your solution? Take away their ability to vote?? There isn't any real solution. That is the problem. We are like alcoholics. There is not going to be a fix until we hit absolute rock bottom and come away with a whole new way to live. We keep "fixing" our economy by borrowing more money and promising if we get away with it this time, we will never do it again. We still never pay the debt back. I really think this recession/depression thing will end the same way the last one did, in a global war. Our biggest problem is there are not enough people alive today who remember that things don't really have to go well and things do not always come out OK in the end. One solution might be to use nudge psychology.... http://www.guardian.co.uk/politics/2...conservatives1 Again, there's no expectation of "global" war. Who exactly are we going to fight that's capable of any kind of sustained major campaign?? I totally disagree with your last thought. Things pretty much have always "come out OK in the end." I can't think of a huge problem that didn't eventually find some resolution... Fascism, racism (well, it's a work in process), communism (even China isn't really an economic communistic state, so that leave N. Korea?)... In the short term you are right but if you look at just the bad things that happened in the 20th century. The depression resulted in WWII and tens of millions of people died. I suppose that "worked out OK". Unfortunately that will be nothing compared to a nuclear war. Who will get it started? Most likely it will involve Israel and one of the Islamic countries but, just like WWI, it could quickly escalate to the world powers. Perhaps worse might actually be an economic war where all of this phony paper we call money collapses and people start fighting for resources because they can't buy them anymore. In that war the Chinese win because they can just sit back and watch. Their people will suffer for a few years but they have the industrial capacity the US had in 1945 so they will be staged to take over the world. The depression didn't result in WW2. Come on. The depression (at least in Germany) resulted from them being punished excessively for WWI. The sky is falling, the sky is falling.... NOT |
Time to trash the Conservatives
"Moose" wrote in message ... "nom=de=plume" wrote in message ... "Moose" wrote in message ... "nom=de=plume" wrote in message ... "Moose" wrote in message ... "nom=de=plume" wrote in message ... "Canuck57" wrote in message ... On 12/06/2010 1:05 PM, Moose wrote: wrote in message ... wrote in message ... On 11/06/2010 10:50 PM, nom=de=plume wrote: wrote in message ... nom=de=plume wrote: wrote in message ... wrote in message ... On 11/06/2010 11:56 AM, nom=de=plume wrote: wrote in message ... On Fri, 11 Jun 2010 09:12:26 -0400, wrote: Cut "entitlements." Helen Thomas wouldn't even have the nerve to say that. ;-) I feel sorry for her. She could have left the scene as a class act. Instead... Funny how everyone slams "entitlements" right up until it affects their social security, medicare, police/fire/infrastructure in their neighborhood, EMT availability, library access, etc. Then, it's don't touch. If people don't want entitlements, then they should vote against them and vote out any politician that promotes funding them. So far, that hasn't happened, and there doesn't appear to be any strong movement to do so. Actually, what the produicers shoudl do, and many are is to move. Why live in a country where the 2/3rds not paying for it can outvote the 1/3 that does? To me, it feels like taxation without representation when the begars, liberal losers and pocket pickers out vote the tax paying worker. Also known as slavery. Uh...did you say you weren't working at this time? He's unemployable. And you know that to be a fact because...Harry said so? It's so obvious... he can't really speak English. He rants like a crazy man. Actually, he might be employed, but I doubt it's more than in a day-laborer capacity. Jeez, said the unemployable envious slug.... -- Taxation, modern day slavery. The loss of economic freedom. You're the one who's always ranting about the sky fall numnuts. How would you like it if we started talking about your privates. Try to show a modicom of decency around here, Emanuela. Don't worry, if de-fumer came after my nuts, I would run like hell. She-it must be a real ball breaker. -- Taxation, modern day slavery. The loss of economic freedom. You have nuts?? Oh, you're talking what passes for balls. Nope. You don't have any of those. (Um!),Now you are taking inventory of some poor guy's junk. How low can you go, you stalking piece of ****e? So, you're claiming he has balls? How would you know? Did you check? You're sick! I'd rather be sick that stupid. You don't have a choice. Lucky you. You are both. "sick that stupid" ? We must have really rattled your cage. You're used to cages. When did they let you out? |
OT entitlements (was lighthouses)
wrote in message ... On Sun, 13 Jun 2010 10:40:46 -0700, "nom=de=plume" wrote: China is still propping us up but that could change. To say there are no problems in Europe is just naive. Greece still has not agreed to the reforms necessary to get their house in order and the population is rioting in the street over it. They are telling people they will actually have to pay the taxes necessary to support their expenditures and pensioners are going to get a pay cut along with all of the government workers. We will have riots here when we get there too. Umm... who said Europe doesn't have problems? Again, there is no melt-down crisis looming. It's just not the case. Most societies adjust to financial changes. The riots will not be televised... lol It really all depends on how well Greece swallows the turd. Germany will revolt if Greece gets to keep their "generous gifts" and the Germans have to pay for it. BTW great Gil Scott Heron reference ;-) For you folks who weren't alive in the 60s http://gfretwell.com/electrical/Gil%...elevised. mp3 I don't think Greece has much choice really. They've pretty much agreed to do it. I was wondering if you'd notice that! :) I heard that song a few years ago and it stuck in my head for months... a bit before my time, however! |
OT entitlements (was lighthouses)
wrote in message ... On Sun, 13 Jun 2010 10:43:42 -0700, "nom=de=plume" wrote: wrote in message . .. On Sun, 13 Jun 2010 09:01:38 -0400, Wayne.B wrote: On Sun, 13 Jun 2010 00:00:08 -0700, "nom=de=plume" wrote: Again, there's no expectation of "global" war. Who exactly are we going to fight that's capable of any kind of sustained major campaign?? Some might very well argue that we are already in the early stages of a global war against religious extremists. Unfortunately I don't see that situation getting better any time soon. How long did the crusades last in the middle ages, and how/why did they end? Some could argue we are still watching the crusades. The classic crusades ended because Europe had their ass handed to them about 5 times in a row. I suspect we will lose this one too but I said that in 1991. We really should have taken the advice of those who said we should have put that early victory in our pocket and gone home. I knew we wouldn't. That is the same thing that happened to the first crusaders. One win and then a string of "ties" and humiliating losses after that, until they finally just stopped. Talk about whistling... this is just paranoid thinking. You act like there's an evil empire out there just waiting to attack. Sheesh. The enemy is debt. And, the enemy has been identified and steps are being taken... |
OT entitlements (was lighthouses)
wrote in message ... On Sun, 13 Jun 2010 10:42:44 -0700, "nom=de=plume" wrote: Again, there's no expectation of "global" war. Who exactly are we going to fight that's capable of any kind of sustained major campaign?? Some might very well argue that we are already in the early stages of a global war against religious extremists. Unfortunately I don't see that situation getting better any time soon. How long did the crusades last in the middle ages, and how/why did they end? They don't have the capacity to do much damage, not even with a nuclear device. We (and Obama is trying to do this) need to change how we look at who we're fighting. There have always been religious extremist and always will be. The bad thing about nukes is you don't need many to change life on earth. The chance that a bin laden would be able to get more than one (or a tiny one) is infinitesimally small. Even delivering it is a major undertaking. The Crusades? Where Christians hacked people up with sharpened crosses? Sure, at first, then like our crusade, the tables turned and it was the crusaders who were being hacked up. Of the 7 or 8 crusades (depending on how you count), the Europeans really only won the first one decisively. We are having our Vietnam moment now. We win every battle and we are still losing the war because the other side will not accept defeat. Eventually we will come home but not until we have a president with the integrity of Jerry Ford. We had our VN moment during the VN war. We are dealing with the situation in Afg., and it's possible to solve at least most of the problem. Not sure about Ford. He pardoned Nixon, which I suppose was the right thing to do. I believe Obama has plenty of integrity, esp. compared to recent presidents. Bush II was a conniving *******. Clinton was obviously flawed personally, but did a lot of good for minorities, the economy and the environment (not enough for all of those). Bush I was, at least intelligent, unlike his son. Carter was a good, honest man, but a lousy president (he's an amazing ex-pres, however). Reagan was a decent guy. I don't like a lot of things he did, but he wasn't' dishonest. Nixon, besides being a crook, was a smart guy and didn't let his crookdom get in the way of policy. Johnson was a conniving ****heel, but did many things right (and some big things wrong, and will never be forgiven for some of them). Kennedy was basically decent, but was flawed personally. When pressed, he had good instincts, but make major mistakes during his brief presidency. Eisenhower was a decent guy, but gave us Nixon and allowed McCarthy to blather on. |
OT entitlements (was lighthouses)
wrote in message ... On Sun, 13 Jun 2010 10:45:49 -0700, "nom=de=plume" wrote: In the short term you are right but if you look at just the bad things that happened in the 20th century. The depression resulted in WWII and tens of millions of people died. I suppose that "worked out OK". Unfortunately that will be nothing compared to a nuclear war. Who will get it started? Most likely it will involve Israel and one of the Islamic countries but, just like WWI, it could quickly escalate to the world powers. Perhaps worse might actually be an economic war where all of this phony paper we call money collapses and people start fighting for resources because they can't buy them anymore. In that war the Chinese win because they can just sit back and watch. Their people will suffer for a few years but they have the industrial capacity the US had in 1945 so they will be staged to take over the world. The depression didn't result in WW2. Come on. The depression (at least in Germany) resulted from them being punished excessively for WWI. The sky is falling, the sky is falling.... NOT Without the depression, Hitler would not have been able to take power and the war was certainly what ended the depression. FDRs most successful program was Lend Lease. That is what got the factories going again. Building parks, logging roads and earthen dams may have kept young men off the streets but it certainly did not do much to stimulate the economy. Building ships and tanks for the brits is what got industry going again. Industrially backed wars are a great economic stimulant. You get to build a lot of products and you don't have to really sell them. You just blow them up and build more. Unfortunately we still have not paid off all the debt from WWII. We just grew the economy enough to obfuscate the debt. There is a limit to how much more we can grow. We are now bumping up against the capacity of the planet to assimilate more growth. (population, energy, water, food or just about any other metric you can use) In that regard "civilization" as we know it is a Ponzi. Unemployment before WW2 under FDR went from 25% to 10%. That's pretty amazing. WW2 certainly ended the depression finally and completely, but the US depression had little to do with Hitler. He came into power because the European powers after WW2 were obscenely harsh with Germany. That caused a terrible depression and runaway inflation in Germany, which gave rise to the extremist movement. |
OT entitlements (was lighthouses)
On 13/06/2010 11:42 AM, nom=de=plume wrote:
"Wayne.B" wrote in message ... On Sun, 13 Jun 2010 00:00:08 -0700, "nom=de=plume" wrote: Again, there's no expectation of "global" war. Who exactly are we going to fight that's capable of any kind of sustained major campaign?? Some might very well argue that we are already in the early stages of a global war against religious extremists. Unfortunately I don't see that situation getting better any time soon. How long did the crusades last in the middle ages, and how/why did they end? They don't have the capacity to do much damage, not even with a nuclear device. We (and Obama is trying to do this) need to change how we look at who we're fighting. There have always been religious extremist and always will be. The Crusades? Where Christians hacked people up with sharpened crosses? http://www.realcourage.org/2010/01/b...g-case-update/ You should have married a muslim. If above isn't good enough, try below: http://www.truthtube.tv/play.php?vid=2139 Get educated you skank. It is good to keep nukes from islam/muslim. -- Taxation, modern day slavery. The loss of economic freedom. |
OT entitlements (was lighthouses)
On 13/06/2010 1:27 PM, nom=de=plume wrote:
wrote in message ... On Sun, 13 Jun 2010 10:45:49 -0700, "nom=de=plume" wrote: In the short term you are right but if you look at just the bad things that happened in the 20th century. The depression resulted in WWII and tens of millions of people died. I suppose that "worked out OK". Unfortunately that will be nothing compared to a nuclear war. Who will get it started? Most likely it will involve Israel and one of the Islamic countries but, just like WWI, it could quickly escalate to the world powers. Perhaps worse might actually be an economic war where all of this phony paper we call money collapses and people start fighting for resources because they can't buy them anymore. In that war the Chinese win because they can just sit back and watch. Their people will suffer for a few years but they have the industrial capacity the US had in 1945 so they will be staged to take over the world. The depression didn't result in WW2. Come on. The depression (at least in Germany) resulted from them being punished excessively for WWI. The sky is falling, the sky is falling.... NOT Without the depression, Hitler would not have been able to take power and the war was certainly what ended the depression. FDRs most successful program was Lend Lease. That is what got the factories going again. Building parks, logging roads and earthen dams may have kept young men off the streets but it certainly did not do much to stimulate the economy. Building ships and tanks for the brits is what got industry going again. Industrially backed wars are a great economic stimulant. You get to build a lot of products and you don't have to really sell them. You just blow them up and build more. Unfortunately we still have not paid off all the debt from WWII. We just grew the economy enough to obfuscate the debt. There is a limit to how much more we can grow. We are now bumping up against the capacity of the planet to assimilate more growth. (population, energy, water, food or just about any other metric you can use) In that regard "civilization" as we know it is a Ponzi. Unemployment before WW2 under FDR went from 25% to 10%. That's pretty amazing. WW2 certainly ended the depression finally and completely, but the US depression had little to do with Hitler. He came into power because the European powers after WW2 were obscenely harsh with Germany. That caused a terrible depression and runaway inflation in Germany, which gave rise to the extremist movement. Oh I am sure Obama will try to lead the US to war. Say in 2011...or 2012... -- Taxation, modern day slavery. The loss of economic freedom. |
OT entitlements (was lighthouses)
On Sun, 13 Jun 2010 13:49:09 -0600, Canuck57
wrote: Oh I am sure Obama will try to lead the US to war. Say in 2011...or 2012... you guys keep making predictions about him. and you continue to be WRONG!! what ever happened to him taking all the guns away? you guys seem to have forgotten THAT little chestnut! |
OT entitlements (was lighthouses)
On 13/06/2010 2:06 PM, bpuharic wrote:
On Sun, 13 Jun 2010 13:49:09 -0600, wrote: Oh I am sure Obama will try to lead the US to war. Say in 2011...or 2012... you guys keep making predictions about him. I predicted he would win president. I predicted Obamanomics would not work and real unemployment will remain high. I predict he will bad mouth and antogonize China and the middle east to get a war happening to get peoples mind off of the economic destruction of the united States. Only the last one hasn't come true. This is the longest rescession/depression since 1929. Obama being an egomaniac sociopath, will want to hold power no mater what the cost. A year before his next election, he will get desperate and do something real stupid for sure. He will use the old deflection thing, start something big to get peoples minds off his presidential incompetance. and you continue to be WRONG!! So far not. what ever happened to him taking all the guns away? you guys seem to have forgotten THAT little chestnut! Lots of broken promises. Gitmo is another, we still have Gitmo because the idiot president didn't think to what to do with some of the worlds worst criminals if he shut Gitmo down. Usual Obama short sightedness. So how is Obamanomics work'en for ya? -- Taxation, modern day slavery. The loss of economic freedom. |
OT entitlements (was lighthouses)
On Sun, 13 Jun 2010 14:21:25 -0600, Canuck57
wrote: On 13/06/2010 2:06 PM, bpuharic wrote: On Sun, 13 Jun 2010 13:49:09 -0600, wrote: Oh I am sure Obama will try to lead the US to war. Say in 2011...or 2012... you guys keep making predictions about him. I predicted he would win president. meanginless. I predicted Obamanomics would not work and real unemployment will remain high. it's dropping. so you're wrong. the GDP is growing. so you're doubly wrong I predict he will bad mouth and antogonize China and the middle east to get a war happening to get peoples mind off of the economic destruction of the united States. meaningless gibberish. Only the last one hasn't come true. This is the longest rescession/depression since 1929. yep. sure is. we can thank george bush for it. Obama being an egomaniac sociopath IOW he's black...yes, i know you hate him because of that , will want to hold power no mater what the cost now let's see...bush tried to suspend habeas corpus. he arrested US citizens without charge and without trial but he's rich. and white. obama, however is black, so it's obvious to your racist mind he wants to hold power... .. A year before his next election, he will get desperate and do something real stupid for sure. He will use the old deflection thing, start something big to get peoples minds off his presidential incompetance. yeah. just like he tried the gun grab, right? you guys screwed yourselves on that one. what's next? obama knows the truth about UFO'S? and you continue to be WRONG!! So far not. what ever happened to him taking all the guns away? you guys seem to have forgotten THAT little chestnut! Lots of broken promises. Gitmo is another IOW he agreed with bush on this...and couldnt find countries to take their own prisoners... , we still have Gitmo because the idiot president didn't think to what to do with some of the worlds worst criminals if he shut Gitmo down. Usual Obama short sightedness. nope. he called the world's bluff. you're just too stupid to see it. So how is Obamanomics work'en for ya? actually pretty good. durable goods orders are up. GDP is growing. unemployment is dropping. let me know if you need any more help to get out of your kluxer views, OK? |
OT entitlements (was lighthouses)
"Canuck57" wrote in message ... On 13/06/2010 11:42 AM, nom=de=plume wrote: "Wayne.B" wrote in message ... On Sun, 13 Jun 2010 00:00:08 -0700, "nom=de=plume" wrote: Again, there's no expectation of "global" war. Who exactly are we going to fight that's capable of any kind of sustained major campaign?? Some might very well argue that we are already in the early stages of a global war against religious extremists. Unfortunately I don't see that situation getting better any time soon. How long did the crusades last in the middle ages, and how/why did they end? They don't have the capacity to do much damage, not even with a nuclear device. We (and Obama is trying to do this) need to change how we look at who we're fighting. There have always been religious extremist and always will be. The Crusades? Where Christians hacked people up with sharpened crosses? http://www.realcourage.org/2010/01/b...g-case-update/ You should have married a muslim. If above isn't good enough, try below: http://www.truthtube.tv/play.php?vid=2139 Get educated you skank. It is good to keep nukes from islam/muslim. -- Taxation, modern day slavery. The loss of economic freedom. What are you ranting about? Someone is brutally murdered and that somehow justifies killing a bunch of innocent people? |
OT entitlements (was lighthouses)
"Canuck57" wrote in message ... On 13/06/2010 1:27 PM, nom=de=plume wrote: wrote in message ... On Sun, 13 Jun 2010 10:45:49 -0700, "nom=de=plume" wrote: In the short term you are right but if you look at just the bad things that happened in the 20th century. The depression resulted in WWII and tens of millions of people died. I suppose that "worked out OK". Unfortunately that will be nothing compared to a nuclear war. Who will get it started? Most likely it will involve Israel and one of the Islamic countries but, just like WWI, it could quickly escalate to the world powers. Perhaps worse might actually be an economic war where all of this phony paper we call money collapses and people start fighting for resources because they can't buy them anymore. In that war the Chinese win because they can just sit back and watch. Their people will suffer for a few years but they have the industrial capacity the US had in 1945 so they will be staged to take over the world. The depression didn't result in WW2. Come on. The depression (at least in Germany) resulted from them being punished excessively for WWI. The sky is falling, the sky is falling.... NOT Without the depression, Hitler would not have been able to take power and the war was certainly what ended the depression. FDRs most successful program was Lend Lease. That is what got the factories going again. Building parks, logging roads and earthen dams may have kept young men off the streets but it certainly did not do much to stimulate the economy. Building ships and tanks for the brits is what got industry going again. Industrially backed wars are a great economic stimulant. You get to build a lot of products and you don't have to really sell them. You just blow them up and build more. Unfortunately we still have not paid off all the debt from WWII. We just grew the economy enough to obfuscate the debt. There is a limit to how much more we can grow. We are now bumping up against the capacity of the planet to assimilate more growth. (population, energy, water, food or just about any other metric you can use) In that regard "civilization" as we know it is a Ponzi. Unemployment before WW2 under FDR went from 25% to 10%. That's pretty amazing. WW2 certainly ended the depression finally and completely, but the US depression had little to do with Hitler. He came into power because the European powers after WW2 were obscenely harsh with Germany. That caused a terrible depression and runaway inflation in Germany, which gave rise to the extremist movement. Oh I am sure Obama will try to lead the US to war. Say in 2011...or 2012... -- Taxation, modern day slavery. The loss of economic freedom. What the?? We're already in TWO wars thanks to BUSH. Obama is trying to clean up that mess. |
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"Canuck57" wrote in message ... On 13/06/2010 2:06 PM, bpuharic wrote: On Sun, 13 Jun 2010 13:49:09 -0600, wrote: Oh I am sure Obama will try to lead the US to war. Say in 2011...or 2012... you guys keep making predictions about him. I predicted he would win president. Wow... stunning prediction. What happened? I predicted Obamanomics would not work and real unemployment will remain high. "Remain" for how long? More people quit their jobs than lost them due to layoffs recently. I predict he will bad mouth and antogonize China and the middle east to get a war happening to get peoples mind off of the economic destruction of the united States. Well, you're an idiot. Only the last one hasn't come true. This is the longest rescession/depression since 1929. Thanks GWB! Obama being an egomaniac sociopath, will want to hold power no mater what the cost. A year before his next election, he will get desperate and do something real stupid for sure. He will use the old deflection thing, start something big to get peoples minds off his presidential incompetance. and you continue to be WRONG!! So far not. So far completely. what ever happened to him taking all the guns away? you guys seem to have forgotten THAT little chestnut! Lots of broken promises. Gitmo is another, we still have Gitmo because the idiot president didn't think to what to do with some of the worlds worst criminals if he shut Gitmo down. Usual Obama short sightedness. So, now you think he claimed he would take away our guns???? As usual, you're stupid. So how is Obamanomics work'en for ya? -- Taxation, modern day slavery. The loss of economic freedom. Workin fine. How's that drill baby drill thing workin out for ya? |
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wrote in message ... On Sun, 13 Jun 2010 12:27:23 -0700, "nom=de=plume" wrote: wrote in message . .. On Sun, 13 Jun 2010 10:45:49 -0700, "nom=de=plume" wrote: In the short term you are right but if you look at just the bad things that happened in the 20th century. The depression resulted in WWII and tens of millions of people died. I suppose that "worked out OK". Unfortunately that will be nothing compared to a nuclear war. Who will get it started? Most likely it will involve Israel and one of the Islamic countries but, just like WWI, it could quickly escalate to the world powers. Perhaps worse might actually be an economic war where all of this phony paper we call money collapses and people start fighting for resources because they can't buy them anymore. In that war the Chinese win because they can just sit back and watch. Their people will suffer for a few years but they have the industrial capacity the US had in 1945 so they will be staged to take over the world. The depression didn't result in WW2. Come on. The depression (at least in Germany) resulted from them being punished excessively for WWI. The sky is falling, the sky is falling.... NOT Without the depression, Hitler would not have been able to take power and the war was certainly what ended the depression. FDRs most successful program was Lend Lease. That is what got the factories going again. Building parks, logging roads and earthen dams may have kept young men off the streets but it certainly did not do much to stimulate the economy. Building ships and tanks for the brits is what got industry going again. Industrially backed wars are a great economic stimulant. You get to build a lot of products and you don't have to really sell them. You just blow them up and build more. Unfortunately we still have not paid off all the debt from WWII. We just grew the economy enough to obfuscate the debt. There is a limit to how much more we can grow. We are now bumping up against the capacity of the planet to assimilate more growth. (population, energy, water, food or just about any other metric you can use) In that regard "civilization" as we know it is a Ponzi. Unemployment before WW2 under FDR went from 25% to 10%. That's pretty amazing. WW2 certainly ended the depression finally and completely, but the US depression had little to do with Hitler. He came into power because the European powers after WW2 were obscenely harsh with Germany. That caused a terrible depression and runaway inflation in Germany, which gave rise to the extremist movement. I don't know where you got that number for unemployment but the double dip hit in 1938 At worst it was 23%, after the New Deal started and in the double dip was back up to 18. We were well intro WWII before it got to 10%. http://upload.wikimedia.org/wikipedi..._1890-2009.gif From 23% to 13% then back up a few percentage points, then back down PRIOR to 1942 when we entered the war. Again. Hitler was a German response to the depression (he rose to NOT OUR DEPRESSION. Germany's depression. Our depression didn't cause his rise to power. That depression started long before 1933. http://en.wikipedia.org/wiki/Aftermath_of_World_War_I power in1933). Without millions of Germans out of work and hanging around street corners looking for something to do and someone who promised a solution, he would have just been an unknown crank. The US putting abusive tariffs on European goods only made that problem worse. That was just one of FDRs flawed policies that we don't hear much about. He had many flawed policies. So what? |
OT entitlements (was lighthouses)
On 13/06/2010 2:29 PM, bpuharic wrote:
On Sun, 13 Jun 2010 14:21:25 -0600, wrote: On 13/06/2010 2:06 PM, bpuharic wrote: On Sun, 13 Jun 2010 13:49:09 -0600, wrote: Oh I am sure Obama will try to lead the US to war. Say in 2011...or 2012... you guys keep making predictions about him. I predicted he would win president. meanginless. I predicted Obamanomics would not work and real unemployment will remain high. it's dropping. so you're wrong. the GDP is growing. so you're doubly wrong I predict he will bad mouth and antogonize China and the middle east to get a war happening to get peoples mind off of the economic destruction of the united States. meaningless gibberish. Only the last one hasn't come true. This is the longest rescession/depression since 1929. yep. sure is. we can thank george bush for it. Obama being an egomaniac sociopath IOW he's black...yes, i know you hate him because of that , will want to hold power no mater what the cost now let's see...bush tried to suspend habeas corpus. he arrested US citizens without charge and without trial but he's rich. and white. obama, however is black, so it's obvious to your racist mind he wants to hold power... . A year before his next election, he will get desperate and do something real stupid for sure. He will use the old deflection thing, start something big to get peoples minds off his presidential incompetance. yeah. just like he tried the gun grab, right? you guys screwed yourselves on that one. what's next? obama knows the truth about UFO'S? and you continue to be WRONG!! So far not. what ever happened to him taking all the guns away? you guys seem to have forgotten THAT little chestnut! Lots of broken promises. Gitmo is another IOW he agreed with bush on this...and couldnt find countries to take their own prisoners... , we still have Gitmo because the idiot president didn't think to what to do with some of the worlds worst criminals if he shut Gitmo down. Usual Obama short sightedness. nope. he called the world's bluff. you're just too stupid to see it. So how is Obamanomics work'en for ya? actually pretty good. durable goods orders are up. GDP is growing. unemployment is dropping. let me know if you need any more help to get out of your kluxer views, OK? Dollar value of durable goods up and without jobs is INFLATION. Unemployment didn't drop, take a second look. And those new jobs, part time and minimum wage jobs... Ya, Obama type jobs. You want them, you take them. -- Taxation, modern day slavery. The loss of economic freedom. |
OT entitlements (was lighthouses)
On 13/06/2010 2:55 PM, bpuharic wrote:
On Sun, 13 Jun 2010 16:48:12 -0400, wrote: Unemployment before WW2 under FDR went from 25% to 10%. That's pretty amazing. WW2 certainly ended the depression finally and completely, but the US depression had little to do with Hitler. He came into power because the European powers after WW2 were obscenely harsh with Germany. That caused a terrible depression and runaway inflation in Germany, which gave rise to the extremist movement. I don't know where you got that number for unemployment but the double dip hit in 1938 At worst it was 23%, after the New Deal started and in the double dip was back up to 18. We were well intro WWII before it got to 10%. http://upload.wikimedia.org/wikipedi..._1890-2009.gif Again. Hitler was a German response to the depression (he rose to power in1933). Without millions of Germans out of work and hanging around street corners looking for something to do and someone who promised a solution, he would have just been an unknown crank. The US putting abusive tariffs on European goods only made that problem worse. That was just one of FDRs flawed policies that we don't hear much about. unfortunately we hear ALOT today about repeating the 'do nothing' policies that let the banks fail rather than increase debt. the american right is a fundamentalist organization in many ways. they think debt must be reduced even if it leads to 25% unemployment like it did during the depression All governmetn had to do to protect little people is bailout depositors up to the max of FDIC, $200,000 or was it $250,000? In any case it would have cost Americans a whole lot less. Someone would have picked up the loser banks for 2 cents and fired all the criminals. Then things would be right and Americans would have been trillions less in debt. But Obama worships debt....debt for corruption... the Obamanation way. Dumb**** president hasn't figured out you can't fix a debt depression by creating more debt. -- Taxation, modern day slavery. The loss of economic freedom. |
OT entitlements (was lighthouses)
On Sun, 13 Jun 2010 18:06:19 -0600, Canuck57
wrote: On 13/06/2010 2:29 PM, bpuharic wrote: On Sun, 13 Jun 2010 14:21:25 -0600, wrote: let me know if you need any more help to get out of your kluxer views, OK? Dollar value of durable goods up and without jobs is INFLATION. nope. i realize that, as a right winger, you don't know much about economics, but inflation is about 2%. durables goods are measured by ORDERS. and durable goods ORDERS are up. Unemployment didn't drop, take a second look. And those new jobs, part time and minimum wage jobs... unemployment dropped from 9.9% to 9.7% doesnt do much for your view that the economy is collapsiing Ya, Obama type jobs. You want them, you take them. yeah i know. to the rich and the right wing, the middle class deserves starvation. |
OT entitlements (was lighthouses)
On 13/06/2010 6:12 PM, bpuharic wrote:
On Sun, 13 Jun 2010 18:06:19 -0600, wrote: On 13/06/2010 2:29 PM, bpuharic wrote: On Sun, 13 Jun 2010 14:21:25 -0600, wrote: let me know if you need any more help to get out of your kluxer views, OK? Dollar value of durable goods up and without jobs is INFLATION. nope. i realize that, as a right winger, you don't know much about economics, but inflation is about 2%. durables goods are measured by ORDERS. and durable goods ORDERS are up. Unemployment didn't drop, take a second look. And those new jobs, part time and minimum wage jobs... unemployment dropped from 9.9% to 9.7% doesnt do much for your view that the economy is collapsiing Ya, Obama type jobs. You want them, you take them. yeah i know. to the rich and the right wing, the middle class deserves starvation. No they don't but Obama seems to think so. http://www.bls.gov/news.release/empsit.nr0.htm 411,000 new part time low wage jobs from Obama. 431,000 new low wage jobs of which almost all are temporary government. Now if governemnt didn't do a census, that would be 20,000 new low paying jobs. Pretty pathetic for trillions of Obama debt totalitarianism on the taxpayer. If not for Obama part time low wage jobs, 15,000,000 unemplyed would be 15.411,000 unemployed. Putting real unemployment over 10%. Long term unemployed unchanged at 6.8 million. Maybe we should all work for governemnt, 390,000 added in May. This way we can all be parasites on the productively working taxpayer. -- Taxation, modern day slavery. The loss of economic freedom. |
OT entitlements (was lighthouses)
On Sun, 13 Jun 2010 18:10:38 -0600, Canuck57
wrote: On 13/06/2010 2:55 PM, bpuharic wrote: On Sun, 13 Jun 2010 16:48:12 -0400, wrote: unfortunately we hear ALOT today about repeating the 'do nothing' policies that let the banks fail rather than increase debt. the american right is a fundamentalist organization in many ways. they think debt must be reduced even if it leads to 25% unemployment like it did during the depression All governmetn had to do to protect little people is bailout depositors up to the max of FDIC, $200,000 or was it $250,000? In any case it would have cost Americans a whole lot less. Someone would have picked up the loser banks for 2 cents and fired all the criminals. nope. because, believe it or not, not only small people have money in banks. corporations do, too. and they borrow money. if the credit system collapses, it throws a BIG monkey wrench into borrowing and lending for mortgages, bondholders, equity holders, etc but, since you're right wing you're kinda dumb and dont know this. Then things would be right and Americans would have been trillions less in debt. But Obama worships debt....debt for corruption... the Obamanation way. i know y ou love the idea of 25% unemployment. why not volunteer to take your kids back home and give their jobs to someoene else? Dumb**** president hasn't figured out you can't fix a debt depression by creating more debt. sure you can. look at ww2. again, you're just too stupid to know history |
OT entitlements (was lighthouses)
On Sun, 13 Jun 2010 18:41:45 -0600, Canuck57
wrote: On 13/06/2010 6:12 PM, bpuharic wrote: On Sun, 13 Jun 2010 18:06:19 -0600, wrote: unemployment dropped from 9.9% to 9.7% doesnt do much for your view that the economy is collapsiing Ya, Obama type jobs. You want them, you take them. yeah i know. to the rich and the right wing, the middle class deserves starvation. No they don't but Obama seems to think so. http://www.bls.gov/news.release/empsit.nr0.htm that new is so old it's rancid. why not look at more recent data: http://www.cnbc.com/id/37464845/Job_...llenger_Report The Challenger report indicated that the pace of job losses edged slightly higher in May, as employers announced plans to cut 38,810 jobs from their payrolls. This was 1.3 percent more than the four-year low of 38,326 job cuts announced in April, but 65 percent lower than one year earlier, when planned job cuts totalled 111,182. so the rate of job loss has DROPPED 65% vs a year ago. if that's failure, i'll take it. If not for Obama part time low wage jobs, 15,000,000 unemplyed would be 15.411,000 unemployed. Putting real unemployment over 10%. Long term unemployed unchanged at 6.8 million. ah. so the rate of job loss has dropped to ZERO. that's ALOT better than the legacy of your rich white buddy bush which saw unemployment rocket from 4.7% to 10% |
OT entitlements (was lighthouses)
On 13/06/2010 6:53 PM, bpuharic wrote:
On Sun, 13 Jun 2010 18:41:45 -0600, wrote: On 13/06/2010 6:12 PM, bpuharic wrote: On Sun, 13 Jun 2010 18:06:19 -0600, wrote: unemployment dropped from 9.9% to 9.7% doesnt do much for your view that the economy is collapsiing Ya, Obama type jobs. You want them, you take them. yeah i know. to the rich and the right wing, the middle class deserves starvation. No they don't but Obama seems to think so. http://www.bls.gov/news.release/empsit.nr0.htm that new is so old it's rancid. why not look at more recent data: http://www.cnbc.com/id/37464845/Job_...llenger_Report The Challenger report indicated that the pace of job losses edged slightly higher in May, as employers announced plans to cut 38,810 jobs from their payrolls. This was 1.3 percent more than the four-year low of 38,326 job cuts announced in April, but 65 percent lower than one year earlier, when planned job cuts totalled 111,182. Does not mater how you cu it, it is bad news. so the rate of job loss has DROPPED 65% vs a year ago. That is like saying I gushed 6 pints of blood and don't have as much to blead any more. if that's failure, i'll take it. Yep, for 3 trillion in debt I expected better. Or about 30,000 per working citizen of debt. How long can that go on before we declare USA bankrupt? If not for Obama part time low wage jobs, 15,000,000 unemplyed would be 15.411,000 unemployed. Putting real unemployment over 10%. Long term unemployed unchanged at 6.8 million. ah. so the rate of job loss has dropped to ZERO. that's ALOT better than the legacy of your rich white buddy bush which saw unemployment rocket from 4.7% to 10% With over 95% of the new hires part time government employees.... You think that is good news? Not sustainable. But is a fast road to bankruptcy. -- Taxation, modern day slavery. The loss of economic freedom. |
OT entitlements (was lighthouses)
On Sun, 13 Jun 2010 22:00:51 -0600, Canuck57
wrote: On 13/06/2010 6:53 PM, bpuharic wrote: On Sun, 13 Jun 2010 18:41:45 -0600, wrote: The Challenger report indicated that the pace of job losses edged slightly higher in May, as employers announced plans to cut 38,810 jobs from their payrolls. This was 1.3 percent more than the four-year low of 38,326 job cuts announced in April, but 65 percent lower than one year earlier, when planned job cuts totalled 111,182. Does not mater how you cu it, it is bad news. better than it was a year ago. you just want an excuse to blame the darkie president so the rate of job loss has DROPPED 65% vs a year ago. That is like saying I gushed 6 pints of blood and don't have as much to blead any more. or that the bleeding has slowed...and the patient is recovering. if that's failure, i'll take it. Yep, for 3 trillion in debt I expected better. of course you would. he's black. he CANT do right by you. Or about 30,000 per working citizen of debt. How long can that go on before we declare USA bankrupt? we did OK in ww2 with a larger debt. If not for Obama part time low wage jobs, 15,000,000 unemplyed would be 15.411,000 unemployed. Putting real unemployment over 10%. Long term unemployed unchanged at 6.8 million. ah. so the rate of job loss has dropped to ZERO. that's ALOT better than the legacy of your rich white buddy bush which saw unemployment rocket from 4.7% to 10% With over 95% of the new hires part time government employees.... glad you focus on 1 data point? me? i take a longer term view. latest data shows private industry is starting to hire You think that is good news? Not sustainable. But is a fast road to bankruptcy. tell it to truman. |
OT entitlements (was lighthouses)
wrote in message ... On Sun, 13 Jun 2010 16:55:41 -0400, bpuharic wrote: On Sun, 13 Jun 2010 16:48:12 -0400, wrote: Unemployment before WW2 under FDR went from 25% to 10%. That's pretty amazing. WW2 certainly ended the depression finally and completely, but the US depression had little to do with Hitler. He came into power because the European powers after WW2 were obscenely harsh with Germany. That caused a terrible depression and runaway inflation in Germany, which gave rise to the extremist movement. I don't know where you got that number for unemployment but the double dip hit in 1938 At worst it was 23%, after the New Deal started and in the double dip was back up to 18. We were well intro WWII before it got to 10%. http://upload.wikimedia.org/wikipedi..._1890-2009.gif Again. Hitler was a German response to the depression (he rose to power in1933). Without millions of Germans out of work and hanging around street corners looking for something to do and someone who promised a solution, he would have just been an unknown crank. The US putting abusive tariffs on European goods only made that problem worse. That was just one of FDRs flawed policies that we don't hear much about. unfortunately we hear ALOT today about repeating the 'do nothing' policies that let the banks fail rather than increase debt. the american right is a fundamentalist organization in many ways. they think debt must be reduced even if it leads to 25% unemployment like it did during the depression It is a balance. If the US can't sell it's debt anymore we might be longing for the days of a mere 25% unemployment rate. We can't assume the world will keep lending us unlimited amounts of money, just because they have in the past. You're right. We can't assume this. We're actively working to reverse this trend of out of site debt. It's fixable, and it's a problem that every major economy that lends to us is aware of and wants us to get it fixed. |
OT entitlements (was lighthouses)
wrote in message ... On Sun, 13 Jun 2010 15:07:32 -0700, "nom=de=plume" wrote: Unemployment before WW2 under FDR went from 25% to 10%. That's pretty amazing. WW2 certainly ended the depression finally and completely, but the US depression had little to do with Hitler. He came into power because the European powers after WW2 were obscenely harsh with Germany. That caused a terrible depression and runaway inflation in Germany, which gave rise to the extremist movement. I don't know where you got that number for unemployment but the double dip hit in 1938 At worst it was 23%, after the New Deal started and in the double dip was back up to 18. We were well intro WWII before it got to 10%. http://upload.wikimedia.org/wikipedi..._1890-2009.gif From 23% to 13% then back up a few percentage points, then back down PRIOR to 1942 when we entered the war. It started going under 16% when we started lend lease, before we were officially in the war. Again. Hitler was a German response to the depression (he rose to NOT OUR DEPRESSION. Germany's depression. Our depression didn't cause his rise to power. That depression started long before 1933. The Germans crashed at the same time we did., They had a borrow and spend economy in the 20s and the illusion of prosperity. It was when the US (and other democracies) got hungry in 1929 and called the German debt that they crashed. If anything that should be a harbinger for us. One opinion http://www.history.ucsb.edu/faculty/...0s/Econ20s.htm I do find it interesting that this author says it was not about debt, and then goes on to describe the deficit spending that caused the collapse. Hitler came up out of that crash. As I said, from the first paragraph: "Germany was economically devastated after a draining defeat in World War I. Due to the Versailles treaty, Germany was forced to pay incredibly sizeable reparations to France and Great Britain. In addition, the Versailles treaty, which many agreed was far too harsh, forced Germany to give up thirteen percent of its land." |
OT entitlements (was lighthouses)
wrote in message ... On Mon, 14 Jun 2010 11:39:53 -0700, "nom=de=plume" wrote: wrote in message . .. On Sun, 13 Jun 2010 15:07:32 -0700, "nom=de=plume" wrote: Unemployment before WW2 under FDR went from 25% to 10%. That's pretty amazing. WW2 certainly ended the depression finally and completely, but the US depression had little to do with Hitler. He came into power because the European powers after WW2 were obscenely harsh with Germany. That caused a terrible depression and runaway inflation in Germany, which gave rise to the extremist movement. I don't know where you got that number for unemployment but the double dip hit in 1938 At worst it was 23%, after the New Deal started and in the double dip was back up to 18. We were well intro WWII before it got to 10%. http://upload.wikimedia.org/wikipedi..._1890-2009.gif From 23% to 13% then back up a few percentage points, then back down PRIOR to 1942 when we entered the war. It started going under 16% when we started lend lease, before we were officially in the war. Again. Hitler was a German response to the depression (he rose to NOT OUR DEPRESSION. Germany's depression. Our depression didn't cause his rise to power. That depression started long before 1933. The Germans crashed at the same time we did., They had a borrow and spend economy in the 20s and the illusion of prosperity. It was when the US (and other democracies) got hungry in 1929 and called the German debt that they crashed. If anything that should be a harbinger for us. One opinion http://www.history.ucsb.edu/faculty/...0s/Econ20s.htm I do find it interesting that this author says it was not about debt, and then goes on to describe the deficit spending that caused the collapse. Hitler came up out of that crash. As I said, from the first paragraph: "Germany was economically devastated after a draining defeat in World War I. Due to the Versailles treaty, Germany was forced to pay incredibly sizeable reparations to France and Great Britain. In addition, the Versailles treaty, which many agreed was far too harsh, forced Germany to give up thirteen percent of its land." ... but they used the same borrow and spend solution we are using to prop up their economy. It worked as long as they could sell their paper. When they could find no more buyers, their money became worthless. But they had completely different underlying problems. We have the most open, vibrant economy in the world. That's not going to change any time soon. |
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