First Greece, Portugal, Now Spain.. How long till the USA (Clinton, Jesus)
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Really? Well I guess you wouldn't know sarcasm if it slapped you in the face. If I had a million dollars I doubt I would be wasting my time on this forum. I'd be on a boat probably off the coast of Greece enjoying the Mediterranean sun.
How can 60% of Americans be wrong? That's not a small majority. But I guess becuase you're of the 40% you MUST be right.
v-shaped economy? lol...ok...so, does that mean that you can stop blaming Obama for this? Does that mean....I don't know, what? That the economy does some natural ebb & flow? Or will you still blame Obama for the economy? Classic.
So they USA being bigger can simply make up new rules and spend money like mad and nothing bad can happen?
Been to NYC lately? I haven't, but I can assure you its still there, and spending. Ditto California. They're broke! Flat busted, broke. But, life goes on. Know what? They're spending in Greece too. Didn't a large part of Latin America essentially default on billions of dollars worth of international loans. Was it pretty? I suppose not. Are those countries still on the planet? Yes. Were they nuked into annihilation for their economic errors? No. You are this wrought because someone is looking out for black people, people on welfare, old people, people without medical insurance. You are this over the top because 'those' people haven't finally been flipped the bird and left to fend for themselves like you would do if you were running things. Like you would do the nanosecond you took office whether or not there actually was a crisis. Face it, you never liked anyone that wasn't actively contributing to the wealth of this nation. Jesus Christ said "the poor will always be with us". It is a fact. More so now than then. All that would be accomplished by the drastic 'cut and run' attempt you envision, would be social breakdown and civil unrest. Maybe it will happen anyway but who wants to actually hurry it's arrival. Oh... yah, you would. Glad you aren't in charge.
Been to NYC lately? I haven't, but I can assure you its still there, and spending. Ditto California. They're broke! Flat busted, broke. But, life goes on. Know what? They're spending in Greece too. Didn't a large part of Latin America essentially default on billions of dollars worth of international loans. Was it pretty? I suppose not. Are those countries still on the planet? Yes. Were they nuked into annihilation for their economic errors? No. You are this wrought because someone is looking out for black people, people on welfare, old people, people without medical insurance. You are this over the top because 'those' people haven't finally been flipped the bird and left to fend for themselves like you would do if you were running things. Like you would do the nanosecond you took office whether or not there actually was a crisis. Face it, you never liked anyone that wasn't actively contributing to the wealth of this nation. Jesus Christ said "the poor will always be with us". It is a fact. More so now than then. All that would be accomplished by the drastic 'cut and run' attempt you envision, would be social breakdown and civil unrest. Maybe it will happen anyway but who wants to actually hurry it's arrival. Oh... yah, you would. Glad you aren't in charge.
H
do you honestly think that spending money you don't have as a country helps the poor long-term? when governments default on loans where is the safety net then? the best thing you can do as a country is to GROW the private sector so more people have jobs and autonomy. that is the best way to help the poor-by lifting them out of poverty, not pushing them into it through dependence.
this greek crisis isn't going away and the germans don't want to have to pay for greek fiscal irresponsibility and who could blame them?
Really? Well I guess you wouldn't know sarcasm if it slapped you in the face. If I had a million dollars I doubt I would be wasting my time on this forum. I'd be on a boat probably off the coast of Greece enjoying the Mediterranean sun.
If you had a million dollars, you couldnt afford to be off the Coast of Greece, enjoying the sun.. A million isnt what it used to be.
Quote:
Originally Posted by lmkcin
How can 60% of Americans be wrong? That's not a small majority. But I guess becuase you're of the 40% you MUST be right.
History has shown the effects of 60% of americans being wrong. Its called the current recession. Hell, I bet its more like 80-90% who were wrong. Just because you CAN take on more debt, doesnt mean you should.. So yes, the minority, who live day by day without debt, and without spending more than they can afford indeed are right.. Again, its not my fault, nor am I to blame because you dont know the difference between taking on an asset to accumulate wealth, and taking on a debt to accumulate a liability..
Agreed, but right now, I'll take a view that heading up to another bubble has to be better than what we have now.
Quote:
Originally Posted by strawflower
ok, so Obama didn't cause the debt?
Presidents dont cause or create debt. EI thought this was common knowledge..
Quote:
Originally Posted by platymapus
v-shaped economy? lol...ok...so, does that mean that you can stop blaming Obama for this? Does that mean....I don't know, what? That the economy does some natural ebb & flow? Or will you still blame Obama for the economy? Classic.
Never blamed Obama for the economy, so I'm not sure what you are whining about.
Governments indeed have prolonged a recovery though because in order to create a stimulus, you need to first remove the money out of the economy to pump it back in. They SELL bonds to the public, who rather than spend their money or invest it, give the money to the government to determine what to do with it. When they give up their cash, they remove money from the economy and tighten the available money supply, leaving LESS money to float through the economy, and less money to be reinvested. If you have tried to get a loan recently you'd know this. Money just isnt available to invest because its tied up with the government..
Spain->run by Spanish Socialist Workers Party->CREDIT RATING DOWNGRADED AND FAILING
Portugal->run by Socialist Party and Social Democrat Party->CREDIT RATING DOWNGRADED AND FAILING
Greece->run by Panhellenic Socialist Movement->CREDIT RATING DOWNGRADED AND FAILING
Free market friendly nations like Hong Kong, Australia, Singapore, etc are doing just fine.
anyone seeing a trend there, or must I spell it out for you:
LIBERAL ECONOMIC POLICY DOESN'T WORK.
NO....it doesn't!
But you still got a LOT of IDIOTS to try and convince!
Too damn many.......
who would rather remain......IDIOTS!
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