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#241
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#242
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On Tue, 14 Jun 2011 14:52:17 -0600, Canuck57
wrote: On 14/06/2011 9:41 AM, wrote: On Tue, 14 Jun 2011 06:09:25 -0400, wrote: yet the right wants to continue its bizarre faith based economics. There was a lot more complexity to the investment in WWII. We were investing our money in an enterprise to destroy all of our competition ... literally. Yep. Just raises costs, making USA less competitive. funny that countreis with strong unions have the strongest manufacturing. Which is why Obama opens up on China then quietly shuts up. China just might write off $2T of bad US debt and let USA take its chances with the valueless dollar. Would make oil for Chinese cheaper. HAHAHAH guess he forgot the keynesian dictim if you owe the bank $1000 you have a problem if you owe $1 million, the bank has a problem Watch Chinese inflation, that is where the weak USD is driving the pressures. If the Chinese let the USD float down in value, the USA will see major inflation pressures. really? from where? the non existent pay increases of the middle class? the renmimbi is undervalued and has been for years you're just too stupid to know that Bottom line, US economics is now owned by China. Far too much money expansion from the US Fed and government debt to stop it now. The reality hasn't set in, but China is already in many ways the #1 world economy. the chinese hold about 5% of US debt so tell me again how they rule us |
#243
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posted to rec.boats
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On Tue, 14 Jun 2011 14:52:20 -0600, Canuck57
wrote: On 14/06/2011 4:09 AM, wf3h wrote: On Mon, 13 Jun 2011 23:33:29 -0700, wrote: Greg, do you see that the US gov't was injecting money into the economy? Do you see why it doesn't make much difference how it does it and that via a war isn't exactly the best way to do that... unless you don't mind killing a lot of people in the name of profit of course. Never mind. You're hiding. I forgot. yep, the right keeps confirming that LIBERALS have the right ideas. LIBERAL KEYNESIAN economcs, not right wing bull****, makes an economy grow. yet the right wants to continue its bizarre faith based economics. Keynes was an unemployed liberal economist looking for a job, so he told politicians what they wanted to here. HAHAHAHA he was rich! what a moron! 3 years of Keynes and just a load of debt to show for it. No results, just more bu11sh1t. HAHAHAHA you apparently never heard of 1929! we DIDNT do what keynes recommended how'd that work out?? ROFLMAO! You can't debt-spend your way out of a debt problem sure you can. the US did it in 1939 when we started spending on ww2 idiot you're so ****ing stupid they have to put you on a ventilator because you forget how to breath, right winger |
#244
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posted to rec.boats
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On Tue, 14 Jun 2011 08:24:05 -0400, BAR wrote:
In article , says... On Tue, 14 Jun 2011 01:02:05 -0400, wrote: yep. typical LIBERAL KEYNESIAN economcis -borrow and spend in bad times -pay back in good thanks. i already knew that That is national suicide and we are seeing it occur right in front of our eyes. We have borrowed and spent our self to near insolvency. actually what we did is transfer a massive amount of wealth to the already rich and yes, borrow and spend does work. in fact it's how the 29 depression ended. what wrecked us is wall street taking money and turning into a non productive liquidity trap |
#245
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posted to rec.boats
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On Tue, 14 Jun 2011 15:06:44 -0600, Canuck57
wrote: On 14/06/2011 4:08 AM, wf3h wrote: On Tue, 14 Jun 2011 01:02:05 -0400, wrote: yep. typical LIBERAL KEYNESIAN economcis -borrow and spend in bad times -pay back in good thanks. i already knew that Well what is really happenign is: -borrow and spend in good times -borrow more and spend in bad times yep. the right cut taxes and borrowed to finance the rich guess what happened? Even a brain fart knows that isn't sustainable yep. and yet the right wing says we should continue |
#246
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posted to rec.boats
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On Tue, 14 Jun 2011 08:26:55 -0400, BAR wrote:
In article , says... On Mon, 13 Jun 2011 20:01:38 -0400, BAR wrote: In article , says... When government gets bigger, people get smaller. hey moron then why have the richest 1% gotten so much bigger? DUH!! They are smarter than you. and that, ladies and gents, is the essence of right wing ideology You whine about the evil rich people yet you have a Masters degree and you can't seem to break into the ranks of the rich. well you're right wing and kind of stupid, (a redundancy), so let me educate you -in teh US, the biggest predictor of income level is your father's income -the US has the lowest social mobility of any country in the OECD except the UK -the US has lower social mobility than SWEDEN -a college educated person from the LOWEST QUINTILE has LESS of a chance of breaking into the TOP quintile than a NON college educated person whose parents are already in teh top quintile and yet you right wing MORONS still believe the amercan dream BULL**** our economy today is the result of the richest 1% doing what's right for america Risk and reward. What are you willing to risk to receive the reward? Are you willing to invest all of your money? HAHAHAH he beleives that wall street EARNED the money they stole! and proof of that is they're better than we are. that's why our economy is so strong The proof is that they are out working rather than posting to this newsgroup all day long, like you do. really? uh....how did wall street WORK to earn the money they stole you right wing moron? |
#247
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posted to rec.boats
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On Tue, 14 Jun 2011 15:24:03 -0600, Canuck57
wrote: On 14/06/2011 6:26 AM, BAR wrote: In , says... read those numbers When government gets bigger, people get smaller. hey moron then why have the richest 1% gotten so much bigger? DUH!! They are smarter than you. and that, ladies and gents, is the essence of right wing ideology You whine about the evil rich people yet you have a Masters degree and you can't seem to break into the ranks of the rich. I seriously doubt wf3h has a degree of any kind, unless it is a Masters in Bu11sh1t and fleabaggerism. hey if it enables you to sleep at night, go for it! Risk and reward. What are you willing to risk to receive the reward? Are you willing to invest all of your money? wf3h is too chickensh1t. Easier to whine and bitch. The limits of the cranium in his genetic mess. ah, the fairy tales of the right. wall street works hard! they're rich not because of greed but because they're smart!! HAHAHAHAHA and proof of that is they're better than we are. that's why our economy is so strong The proof is that they are out working rather than posting to this newsgroup all day long, like you do. Hey, you can't get enough money in your successful years that your capital does the work for you. I spend 2 hours each morning doing the markets...self employed investor? I suspect a few of us in this group hit this category. no one gives a **** about you and your little readers digest history |
#249
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posted to rec.boats
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On Tue, 14 Jun 2011 15:25:48 -0600, Canuck57
wrote: On 13/06/2011 10:52 PM, wrote: On Mon, 13 Jun 2011 17:43:03 -0400, wrote: then why have the richest 1% gotten so much bigger? Because government tax policies and import policies made it a lot more profitable to make things offshore and import them. That started in the 90s (GHW Bush/Clinton) Then you had the Clinton era deregulation that made the idea of money making money more attractive than actually making anything. Most of that Clinton era business boom was just an illusion (fraud, phony profits and irrational exuberance in the stock market) and the GW Bush boom was all based on borrowing money that didn't exist. The people who got rich were the ones who knew when to cash in before both bubbles popped. And the only politician to call it right on, Ron Paul. you should have been a standup comedian. the kluxer has no more understanding of economics than he does of his love affair with the KKK |
#250
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posted to rec.boats
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