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First answer is that much of the world is far more energy efficient than we are (Euros, etc; developed countries).
Second answer is for you to read about US History- 1929-46.
History as in the part about how FDRs policies extended the depression? Why would we want the government, the same government that got us into this mess, to dictate monetary policy? Only when the idiotic government policies were lifted did the US start to crawl out of the depression.
Maybe it's best to go back before 1929. In 1921 over 500 banks failed and the Federal government stayed out of the mess. It was hard times for a year and then the economic boom of the roaring 20's.
TIME 100: John Maynard Keynes (http://74.125.93.132/search?q=cache:V8mzk1ThvlEJ:www.time.com/time/time100/scientist/profile/keynes.html+maynard+keynes&cd=2&hl=en&ct=clnk&gl=u s - broken link)
"John MaynardKeynes
His radical idea that governments should spend money they don't have may have saved capitalism."
LMAO Keynes economic theories are horrible. The general Theory of Employment, Interest, and Money written in 1936 is a joke. "Inflation can bring the higher than "free market" wage rates of labor unions into a viable relationship with other costs.
result - Since it was politically impossible to lower the high union wages that produced high unemployment Keynes reduced the wages of ALL workers by lowering the value of the monetary unit (inflation). So the real wages of union workers was lowered only temporarily and caused the disorganization in Englands economy. Inflation does not head off unemployment
Thats what I want some elitist controlling wages and prices and telling me that I'm better off while my bank account steadily goes down.
Obama left open the possibility he would have to raise taxes on most Americans to decrease the deficit if growth were too weak. He also indicated he might tax the most-expensive employer-provided benefits to help pay for his health-care revamp. Both would reverse pledges he made during the campaign.
You hate linking to your source of quotes, don't you?
I need context, so I'm not 'foxed'.
Quote:
.. we need to get back to manufacturing, stop sending money overseas, and concentrate on our own country, while implementing tariffs for the time being.
So you are for the auto bailouts then, right?
Quote:
all of this cap and trade will also put american workers at a disadvantage. obama is clearly not looking out for the american worker since he seems to be focused on his "global vision".
Ahh, that is why you don't use links.
Because your cap and trade figures were debunked by the author.
Much to the chagrin of republicans in congress who tried so hard to stir up the base with that faulty interpretation.
i was never for the auto bailouts. that was just taxpayer money down a rathole. it was government manipulation of an impending automotive bankruptcy, which the government knew was going to happen anyhow as the figures did not support GM being saved. it isn't even designed to protect the auto workers. why on earth would chrysler be given to an italian company for zero money on their part?
a post from truth about cars which sums it up.
Credit crisis>customers can’t buy cars they can’t afford>dealers can’t stock cars they can’t afford>GM can’t afford to make cars.
So the fix is to solve the credit crisis by bookcasing the problem by giving the banks and the automakers the money thus eliminating and all the while taking it away from consumers AND dealers.
Now I think I get it. We’re screwed.
Last edited by floridasandy; 06-19-2009 at 06:00 AM..
Ever since Ronnie Raygun, US industry, what is left of it, has been producing goods Americans do not need and do not have the wealth to buy. That is just the Defense Industry. Civilian sales are imported stuff we do not need and do not have the wealth to buy but were offered unlimited credit to dig ourselves deeper into debt to the financiers that convinced us that they had money to lend.
We are wondering where all the wealth went? Surprisingly it went to the owners of the banks and their mercenary managers.
yes, i agree that the financial sector bailout was a disaster. the point is that democrats stated at the time that the bailout was necessary to "free up the credit" it actually did no such thing. if anything, once the banks were recapitalized they tightened their credit so they would not make the same mistakes again. i am sure that a lot of people got letters either closing an unused line of credit or lowering their credit, etc. that happened after the bailouts, not before.
some americans still think the bailout was about "no credit" while it was really about bailing out the banks which got burned on the derivatives market. americans should have been outraged by the first bailout, but i don't remember seeing that much outrage on this forum, certainly not in proportion to the crime that was committed against them.
this was government in collusion with wall street elite. it started before obama, but, importantly, it did not end with obama........
Obama is just another puppet of the globalist corporations which is why he has not bothered to address NAFTA, jobs going to China, open borders. It's all about the cheapest possible labor that benefits only the corporations and elites.
Ever since Ronnie Raygun, US industry, what is left of it, has been producing goods Americans do not need and do not have the wealth to buy. That is just the Defense Industry. Civilian sales are imported stuff we do not need and do not have the wealth to buy but were offered unlimited credit to dig ourselves deeper into debt to the financiers that convinced us that they had money to lend.
We are wondering where all the wealth went? Surprisingly it went to the owners of the banks and their mercenary managers.
Unlimited credit? Nobody made people go in debt like they are, when do they become responsible for there own lives?
Obama is just another puppet of the globalist corporations which is why he has not bothered to address NAFTA, jobs going to China, open borders. It's all about the cheapest possible labor that benefits only the corporations and elites.
But...but...but... I thought he was a SOCIALIST?
Why would a SOCIALIST want to benefit the corporations?
Don't those SOCIALISTS want to destroy Capitalism?
Ken
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