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You haven't seen the Sanders/Steins rallies as of late. There was a nice one in D.C. this weekend.
I am encouraged by that rally to see people are not all blind sheep. They knew they had been screwed over when Bernie said so. Then when the proof was leaked confirming it, many have not forgotten. When DWS stepped down as DNC chair and said she was taking one for the team, it reeked when Hillary immediately hired her. Now that it has come out that the DNC chair in waiting gave Hillary town hall questions, it is the same old same old. I wonder if Dana Brazile will also take one for the team.
Bernie people might be on the fringe with some of their views, but they are not stupid. Being blamed for violence at the Trump rallies by paid operatives of the DNC & Hillary & Co is not sitting well with them.
Nor should it.
Hopefully enough of them will vote for Trump (the only chance to stop Hillary) to have a chance to hold Hillary accountable. You know if she gets elected, she will not have Comey or Lynch coming after her.
Yes, Iceland did very well. They threw their corrupt bankers in prison. We did far more damage by enforcing the idea that our economy is corrupt and the corrupt are going to be able to get away with their corruption. This is going to do some very long term damage.
To fund the recovery, the average Icelander had to work 2-3 jobs and put in average 60-70 hours per week. Not to mention the government imposed a massive tax increase.
Iceland's small population (320,000) means they could be more nimble and creative when it comes to getting out of trouble. We cannot devalue our currency like they did without some very devastating consequences, and I don't know of anyone who can convince more than 200 million working age Americans to work 2-3 jobs for a 60-70 hour work week and accept much higher taxes. We hated taxes even when times were good, who could sell the idea of higher taxes when the population was already cash strapped????
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Originally Posted by pknopp
The end of the dollar as a world currency is on the horizon. Being 40 trillion in debt when that happens is going to be real ugly.
It's not going to happen. You really think countries around the world are going to dump their huge dollar reserve at a big loss?? If that ever happens, the debt is the least of our problems because the dollar will devalue and will make it cheaper for us to pay it off.
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Originally Posted by pknopp
No it didn't. It re-inflated a bubble. Bubbles are NOT a proper economy. The economy still sucks.
1. Bubble is a natural cycle of an economy.
2. There is no sign that we are currently in a bubble (although this is certainly debatable).
Quote:
Originally Posted by pknopp
Bubbles pop. This one is going to pop also. We could say in 2006 that Bush saved the country from the Tech Bubble crash created under Clinton also but fixing bubbles with bubbles is not something to brag about. It's coming.
See above.
Quote:
Originally Posted by pknopp
Politifact has been shown to have a huge bias many times over. What the banks were doing, gambling with money that was not theirs wouldn't have been legal if not for the repeal of Glass-Steagall.
And there wouldn't be a Great Recession if mortgages were never invented.
Is there a direct and obvious link from Clinton to the Great Recession?? No.
Quote:
Originally Posted by pknopp
It popped but we quickly worked to create another bubble. Those who don't learn from the mistakes of the past force us to relive their mistakes. We are in a bubble.
Please don't be naive, obtuse, or insult our intelligence.
No one gives millions of dollars for "access", as if playing semantics somehow changes what is going on. The so called "access" is specifically for getting "favors", not to enjoy the company of Hillary.
Please don't be naive, obtuse, or insult our intelligence.
No one gives millions of dollars for "access", as if playing semantics somehow changes what is going on. The so called "access" is specifically for getting "favors", not to enjoy the company of Hillary.
did you not approve of Citizens United-- you don't even know who gives what to who?
To fund the recovery, the average Icelander had to work 2-3 jobs and put in average 60-70 hours per week. Not to mention the government imposed a massive tax increase.
You mean they worked and paid taxes to pay off their debt? What a novel concept. I do suppose that leaves Wall Street out of the equation.
Quote:
Iceland's small population (320,000) means they could be more nimble and creative when it comes to getting out of trouble. We cannot devalue our currency like they did without some very devastating consequences, and I don't know of anyone who can convince more than 200 million working age Americans to work 2-3 jobs for a 60-70 hour work week and accept much higher taxes. We hated taxes even when times were good, who could sell the idea of higher taxes when the population was already cash strapped????
Without "some" consequences. What we did has many consequences and it's only putting off the larger pain until later.
Quote:
It's not going to happen. You really think countries around the world are going to dump their huge dollar reserve at a big loss?? If that ever happens, the debt is the least of our problems because the dollar will devalue and will make it cheaper for us to pay it off.
It's happening. China is selling off it's debt. China is becoming the country that poor countries look to for help. China, Russia, Iran, India, etc are simply not going to continue to allow us to manipulate the worlds economies forever.
Quote:
1. Bubble is a natural cycle of an economy.
2. There is no sign that we are currently in a bubble (although this is certainly debatable).
If it's debatable then there are signs, no?
Quote:
And there wouldn't be a Great Recession if mortgages were never invented.
There is nothing wrong with mortgages. There is with making the taxpayers responsible for what the banks knew were bad ones.
Quote:
Is there a direct and obvious link from Clinton to the Great Recession?? No.
Now we have switched to "direct link". Is it worth the time to try and show a "direct link" from getting rid of Glass Steagal? No, of course the banks had to actually bet the money that wasn't theirs to start with first BUT it happened and wouldn't have without the repeal of Glass-Steagal.
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Maybe you are, but US is not.
.
Watch the way the markets freak every time raising rates are even mentioned.
Please don't be naive, obtuse, or insult our intelligence.
No one gives millions of dollars for "access", as if playing semantics somehow changes what is going on. The so called "access" is specifically for getting "favors", not to enjoy the company of Hillary.
And there is absolutely no proof that "favors" were given. None. Nada.
If you have proof, you should alert the MSM. Otherwise, you're just telling tall tales.
.
did you not approve of Citizens United-- you don't even know who gives what to who?
Every penny going to a politician must be documented.
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