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Old 07-22-2011, 03:04 PM
 
7,338 posts, read 7,848,799 times
Reputation: 2903

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Quote:
Originally Posted by modeerf View Post
You leave out Frank, Pelosi and Reid?

I know that your talk radio guys tell you that Pelosi and Reid are the devil and need to be destroyed, but they are actually small fry in this situation.

If you need to only go after dems because that what your ideology tell you to do, pick Dodd. He's a guy who should be serving jail time.
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Old 07-22-2011, 03:25 PM
 
16,623 posts, read 14,376,956 times
Reputation: 11493
Quote:
Originally Posted by modeerf View Post
You leave out Frank, Pelosi and Reid?
No, I didn't mention them, because Frank, Pelosi, and Reid were not in Clinton's cabinet.

I generally think of them as secondary players in the economic policy mistakes of 1980 - 2008. These ultra-liberal Democrats are like children when it comes to economic policy in the first place; they need adult supervision when it comes to money.

The Republicans were supposed to be the adults in the room, and that's what the real problem was; they were who was calling most of these shots over the years.

Last edited by le roi; 07-22-2011 at 03:38 PM..
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Old 07-22-2011, 04:46 PM
 
Location: Granby, CT sometimes NH.
2,820 posts, read 2,958,855 times
Reputation: 2156
I'm tired of this malaise. If the middleclass doesn't work they don't buy. If they don't buy there's no work. Without a vibrant middleclass we're stuck in this malaise until it eventually hits the rich or large numbers of the poor can't get their basic needs met.

Right now no one is being totally honest on either side and seem more interested in themselves than their constituients.
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Old 07-22-2011, 06:25 PM
 
3,335 posts, read 1,361,666 times
Reputation: 920
Quote:
Originally Posted by dman72 View Post
I know that your talk radio guys tell you that Pelosi and Reid are the devil and need to be destroyed, but they are actually small fry in this situation.

If you need to only go after dems because that what your ideology tell you to do, pick Dodd. He's a guy who should be serving jail time.
Who do you think gives Dodd his marching orders.

The most corrupt must really go to Schumer. Chucky boy is right at the top of pay to play politics. Satan incarnate....He would have been Judas in the days of Christ...
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Old 07-22-2011, 07:17 PM
 
Location: Austin
19,046 posts, read 5,763,842 times
Reputation: 4226
Quote:
Originally Posted by odanny View Post
It has nothing to do with being "slanted" and everything to do with identifying the root causes of this nations economic demise: Republicans.

And make no mistake: Those Republicans are very wealthy, they and those they represent (the richest 2%) are doing fantastic.

Have you ever heard about all the rich Dems in Hollywood? And Washington DC?

Actually millions of Americans are doing quite well, both Dems and Reps.

Millions and millions of Americans have lots of discretionary income and spend it on entertainment and toys.
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Old 07-22-2011, 08:23 PM
 
47,585 posts, read 35,942,331 times
Reputation: 21593
Globalism is what happened to the USA economy.

We gave up the very thing that made us so wealthy in the first place, the manufacturing industry. Absolutely nothing can replace the manufacturing industry for wealth creation.
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Old 07-22-2011, 08:34 PM
 
84 posts, read 10,882 times
Reputation: 44
Quote:
Originally Posted by Roadking2003 View Post
Have you ever heard about all the rich Dems in Hollywood? And Washington DC?

Actually millions of Americans are doing quite well, both Dems and Reps.

Millions and millions of Americans have lots of discretionary income and spend it on entertainment and toys.
Really, GulfStream just got an order for 50 brand new jets, they have a 1-1.5 year waiting list.

Their taxes haven't gone up since the Bush tax cuts, and yet they still haven't created job growth!
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Old 07-23-2011, 12:44 AM
 
357 posts, read 50,871 times
Reputation: 126
1. Europe's industrial base was destroyed during WWII. Hence, why America's manufacturing dominated the world coming out of WWII.

2. We never practiced laissez-faire during the Reagan or Bush years. We are far from a free market economy. In fact, corporations derive much of their power from the state and tend to fear competition.

Quote:
Corporate power depends crucially on government intervention in the marketplace.[2] This is obvious enough in the case of the more overt forms of government favoritism such as subsidies, bailouts,[3] and other forms of corporate welfare; protectionist tariffs; explicit grants of monopoly privilege; and the seizing of private property for corporate use via eminent domain
Corporations versus the Market; or, Whip Conflation Now | Roderick Long | Cato Unbound

Here is the Sad Legacy of Ronald Reagan. He tripled our debt, exploded the Twin Deficits (as did Bush) which leads to the deindustrialization of America. He passed the largest peacetime tax in history. Increased the federal payroll by 230,000 people. Was the most protectionist President since Hoover.
The Free Market: The Sad Legacy of Ronald Reagan


Every President since at least LBJ has increased the budget of social and economic regulation, including Reagan and Bush with Bush taking the cake.
http://www.google.com/url?sa=t&sourc...RbZmjg&cad=rja

The sad fact is that America is moving away from laissez-faire and towards crony capitalism and political favoritism. Look what we are getting for it.
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Old 07-23-2011, 01:02 AM
 
Location: Under Mount Doom
9,248 posts, read 6,121,281 times
Reputation: 4747
Nice thread. I agree with most of the OPs arguments.
However, I agree with others that the increased competition of the last few decades has been changing the game.

Most specifically, I believe we need to raise taxes modestly, and keep the government about the size that it is, except gradually draw down the troops. If we slash government to retain unsustainably low taxes, I think it will just have terrible effects on unemployment, home prices, support industries, and the economy as a whole. What we really need is innovation, and perhaps some strategic investments to get the ball rolling again.
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Old 07-23-2011, 02:40 AM
 
Location: Northeast PA
436 posts, read 554,445 times
Reputation: 422
Capitalism doesn't exist in the USA. It's nothing more than a fairy tale.


Fascism is very much alive and well. Corporations run this country. Virtually every industry is controlled by monopolies. To make matters worse, many of these corporations are becoming trans-national in nature.

They hold no allegiance to the US. They could care less about the future of this country.

The assault on small business is very real and as time passes, the cards are stacked more and more against us. Yet, the Regressive Party propaganda continues to win them over. It's a zero sum game. Only a very select few actually benefit, while the majority gets screwed.


This globalist cabal must be stopped, but I fear it is too late. They've gained too much power and control, esp. in the political system. We have the most corrupt political establishment in the world. Your vote means nothing.


This globalist status quo has to be changed, or we'll continue to spiral downward. The only thing that will change the status quo is a violent revolution. It's only a matter of time. A correction is in order.
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