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1. Tax cuts/trickle-down coupled with deregulation (let the market decide!) has been exposed as a titanic failure, yet some still cling to the illusion that it might still work. They pray that some miracle will occur that will make the economy behave in accordance with misconceptions.
BIG YES to this! I love how their excuse is "well, we didn't do it enough!" Great, so let's cut taxes to zero and have the perfect laissez-faire market. That should work to bring back this country from oblivion.
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2. One president started and then horribly mismanaged two middle east wars that persist as unwinnable quagmires to this day. Some will attempt with their last breath to lay the blame on his successor. That's like saying Vietnam was Gerald Ford's war.
More like the people who were waving the flags as fast as they could in support of said wars and president now blame the current president for not getting out fast enough.
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3. The Great Bush Recession still hasn't yet been remedied, but it has at least been arrested at the recession stage, kept from plunging over into the abyss of another depression, but it was close. Very close. Yet some still fight with all their energy to reinstate the flawed policies that ran the economy into the ditch.
The entire US government and US economy is an illusion based on lies, deceit and corruption. You can wine about regulation, laws, what the President does or doesn't do and how completely flaccid the US government is nowadays but none of that matters. The country is controlled just like much of the world by private bankers who have hijacked our money supply. Most Americans fail to realize this because they have no inkling of not only regular history but monetary history. Hell most Americans can't even manage their own bank account how are you ever to expect them to understand abstract monetary concepts like inflation, the business, cycle, qualitative easing, and private banks creating money out of thin air. This country i.e. we the people need to take back our ability to print and coin ALL OUR MONEY interest free. This is why the debt will never be paid off. We let private banks charge us interest and give them the right to print money out of thin air.
You speak of reality.......well the reality is that American lost the Revolutionary War due to the shackles of banking that has been bankrupting this country for 200+ years and subverting the Constitution and the Republic. The cold hard truth most Americans don't realize or don't want to admit is that our country i.e. what America was supposed to be never really got off the ground and is still a work in progress.......We went from agrarianism to a country controlled, manipulated, and plundered by a blending of corporate and state power almost overnight with the international bankers controlling everything. WallStreet and its financial institutions have bought and paid for US democracy ever since its inception. The business cycles are all planned and orchestrated by men. Very rich and powerful men. That is the reality of America.
It really is comforting to see someone with knowledge on CD ! There Aren't many here.....
Our economy is being, and always has been, manipulated to bring money to the old banking families no matter where they live. Our history of cyclic booms and busts is not an accident but the result of long term manipulation. The rich and powerful can capture more wealth by selling just before the end of a speculative boom and buying after the collapse. The housing boom and bust is another example of deliberate financial manipulation beneficial to the greedsters that started it and disastrous for the rest of us. It was no an accident but grand theft.
Even wars have changed from the destruction of WWII where much of European civilization was lost to continuous strife and destruction in smaller nations. Instead of the periodic wealth made from periodic wars the financiers are getting richer from continuous military spending.
no.....the post in question came as a refutation to your post. I'd be interested to see if you can actually argue it, or if you just got it off of a Daily Kos post.
I'd be more than happy to.
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From post #2:
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President Bush WON the war in Iraq.
Prove it.
Bush handed off his war to his successor. Your logic is akin to saying LBJ won Vietnam. FYI, he didn't.
Now, we both understand that you're another of these in deep denial about the disastrous Bush years, so eager to shift the blame to Obama. But, as the thread title amply states, this is about reality.
1. Tax cuts/trickle-down coupled with deregulation (let the market decide!) has been exposed as a titanic failure, yet some still cling to the illusion that it might still work. They pray that some miracle will occur that will make the economy behave in accordance with misconceptions.
2. One president started and then horribly mismanaged two middle east wars that persist as unwinnable quagmires to this day. Some will attempt with their last breath to lay the blame on his successor. That's like saying Vietnam was Gerald Ford's war.
3. The Great Bush Recession still hasn't yet been remedied, but it has at least been arrested at the recession stage, kept from plunging over into the abyss of another depression, but it was close. Very close. Yet some still fight with all their energy to reinstate the flawed policies that ran the economy into the ditch.
Partisan mind poisoning is unhealthy.
I find it sick and wrong that America has been destroyed by bank bailouts. Drive through the state of florida, its been decimated. And the market will never recover, these houses are filled with rats, falling apart, receivorship condos let to rot by the banks who now own them Its enraging A Miami jusge is even making banksters get charged criminally for negligent receivorship cases.
I find it sick and wrong that America has been destroyed by bank bailouts. Drive through the state of florida, its been decimated. And the market will never recover, these houses are filled with rats, falling apart, receivorship condos let to rot by the banks who now own them Its enraging A Miami jusge is even making banksters get charged criminally for negligent receivorship cases.
All in the name of deregulation and "let the market decide".
Such ideas are utopian. In the competitive world of real business, the threat of legal penalties is the ultimate restraint, keeping overzealous brokers and bankers from crossing that invisible line between risky and foolish. Remove that threat and you get "bubbles" that burst the economy.
All in the name of deregulation and "let the market decide".
Such ideas are utopian. In the competitive world of real business, the threat of legal penalties is the ultimate restraint, keeping overzealous brokers and bankers from crossing that invisible line between risky and foolish. Remove that threat and you get "bubbles" that burst the economy.
So, you postulate that government officials are more knowledgeable about banking risks than bankers? Interesting.
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