#11
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Ayn Rand's Utopia
On Wednesday, June 24, 2015 at 4:00:15 PM UTC-4, Chris L Peterson wrote:
On Wed, 24 Jun 2015 12:30:14 -0700 (PDT), wsnell01 wrote: However, the 0bama administration HAS claimed to be "creating jobs." And so it has. In some cases directly, but in most cases simply by improving the economy and making wise public investments. Government is the single most potent force for creating both jobs and wealth. And so it HASN'T! The economy has not been "improved;" middle class jobs have disappeared and low wage, often part-time, service-industry jobs have taken their place. The govt can only steal from the private sector. |
#12
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Ayn Rand's Utopia
On Wednesday, June 24, 2015 at 5:10:46 PM UTC-4, Lord Vath wrote:
On Wed, 24 Jun 2015 14:00:11 -0600, Chris L Peterson wrote this crap: On Wed, 24 Jun 2015 12:30:14 -0700 (PDT), wsnell01 wrote: However, the 0bama administration HAS claimed to be "creating jobs." And so it has. In some cases directly, but in most cases simply by improving the economy and making wise public investments. Government is the single most potent force for creating both jobs and wealth. LOLOLOLOLOL! ROTFLMAO! Government has *NEVER* created any jobs or wealth. That's socialist thinking. That's Hitler thinking. peterson can come up with some real howlers! |
#13
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Ayn Rand's Utopia
On Wed, 24 Jun 2015 16:02:52 -0700 (PDT), wrote:
Hardly... That you would refuse to acknowledge what is obvious to all sensible, rational people is hardly surprising. Dogma will do that to you. |
#14
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Ayn Rand's Utopia
On Wednesday, June 24, 2015 at 7:07:46 PM UTC-4, Chris L Peterson wrote:
On Wed, 24 Jun 2015 16:02:52 -0700 (PDT), wsnell01: Hardly... That you would refuse to acknowledge what is obvious to all sensible, rational people is hardly surprising. Dogma will do that to you. peterson, you are hereby commanded to provide proof for the statement you made earlier, and which you very deviously edited out of your nasty response to me. That statement was: "But the average person is much better off than six years ago." It will not do for you to insult people just because they are right. Failure to provide the evidence will make your name "mud," peterson. You have exactly twelve hours. |
#15
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Ayn Rand's Utopia
On Wednesday, June 24, 2015 at 7:07:46 PM UTC-4, Chris L Peterson wrote:
On Wed, 24 Jun 2015 16:02:52 -0700 (PDT), wsnell01 wrote: Hardly... That you would refuse to acknowledge what is obvious to all sensible, rational people is hardly surprising. Dogma will do that to you. peterson, you are hereby commanded to provide proof for the statement that you posted earlier, and that you so deviously edited out of your nasty response to me. That statement was: "But the average person is much better off than six years ago." It will not do for you to insult people just because they are right and you are wrong. Failure to provide the proof will make your name "mud," peterson. You have exactly twelve hours. |
#16
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Ayn Rand's Utopia
On Wednesday, June 24, 2015 at 5:02:54 PM UTC-6, wrote:
On Wednesday, June 24, 2015 at 6:08:26 PM UTC-4, Chris L Peterson wrote: Without the Republican sabotage, we'd be much better off. The Democrats took over the House and Senate in 2007... the recession happened on THEIR watch. Don't try to argue with that, just accept it. Excuse me: 1) The stock market crash of 2008 is generally acknowledged to have had a crisis in sub-prime mortgage lending as its cause; and 2) this crisis was made possible by the repeal of Glass-Steagall - by the Republicans. To say "don't try to argue with" an assertion clearly contrary to well-known facts is not constructive. However, apparently there are _some_ holes in the common perception of this: http://www.forbes.com/sites/steveden...11/11/22/5086/ although this article does _not_ deny the role of the repeal of Glass-Steagall. John Savard |
#17
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Ayn Rand's Utopia
On Thursday, June 25, 2015 at 10:59:40 AM UTC-4, Quadibloc wrote:
On Wednesday, June 24, 2015 at 5:02:54 PM UTC-6, wrote: On Wednesday, June 24, 2015 at 6:08:26 PM UTC-4, Chris L Peterson wrote: Without the Republican sabotage, we'd be much better off. The Democrats took over the House and Senate in 2007... the recession happened on THEIR watch. Don't try to argue with that, just accept it. Excuse me: 1) The stock market crash of 2008 is generally acknowledged to have had a crisis in sub-prime mortgage lending as its cause; and Partially true... 2) this crisis was made possible by the repeal of Glass-Steagall - by the Republicans. Incorrect. To say "don't try to argue with" an assertion clearly contrary to well-known facts is not constructive. Periods having a good economy, or what passes for one, generally occur when conservatives have control of either Congress or the White House, or both. However, apparently there are _some_ holes in the common perception of this: No **** Sherlock?! http://www.forbes.com/sites/steveden...11/11/22/5086/ although this article does _not_ deny the role of the repeal of Glass-Steagall. Glass Steagall is largely irrelevant to the issue. Bad loans were the underlying problem. Increasing energy prices beginning in mid-decade lit the fuse. |
#18
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Ayn Rand's Utopia
On Thursday, June 25, 2015 at 9:59:40 AM UTC-5, Quadibloc wrote:
On Wednesday, June 24, 2015 at 5:02:54 PM UTC-6, wrote: On Wednesday, June 24, 2015 at 6:08:26 PM UTC-4, Chris L Peterson wrote: Without the Republican sabotage, we'd be much better off. The Democrats took over the House and Senate in 2007... the recession happened on THEIR watch. Don't try to argue with that, just accept it. Excuse me: 1) The stock market crash of 2008 is generally acknowledged to have had a crisis in sub-prime mortgage lending as its cause; and 2) this crisis was made possible by the repeal of Glass-Steagall - by the Republicans. To say "don't try to argue with" an assertion clearly contrary to well-known facts is not constructive. However, apparently there are _some_ holes in the common perception of this: http://www.forbes.com/sites/steveden...11/11/22/5086/ although this article does _not_ deny the role of the repeal of Glass-Steagall. John Savard There is plenty of blame to go around on that one. Financial deregulation occurred here because Wall Street was losing world wide investment business to London because their regulations were relaxed during Thatcher's reign. There was money to be made and people with a lot of power and influence wanted part of the action. Interestingly, Canada did not suffer a banking crisis because they refused to relax their version of Glass Steagall. Canada is a much more conservative country than the US in the traditional sense of the word. Canada also has a good working health insurance system, whereby nobody ends up bankrupt due to medical debt. Today the US Supreme Court upheld a critical part of the ACA by a 6-3 ruling. So now maybe we can get both sides of the isle together to strengthen the law and make it better for all? Yea sure we can, as divided as we are by ideology - thank you very much Rush Limbaugh and your ilk. So today, all across this great nations, reactionaries are weeping over the prospect that poor people will have access to basic medical care and that the dwindling middle-class will no longer be bankrupted by illness and injury. They will gnash their teeth and rend their garments at the thought of people with "pre-existing conditions" being able to buy their own insurance. This is the 21st century and every wealthy democracy makes health care available to ALL of its citizens. We are not an underdeveloped country and we don't live in the lala land of libertarianism. The case is over, closed. Done. The ASA is here as intended. |
#19
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Ayn Rand's Utopia
On Thursday, June 25, 2015 at 11:40:16 AM UTC-4, Uncarollo2 wrote:
Interestingly, Canada did not suffer a banking crisis because they refused to relax their version of Glass Steagall. Mortgages were harder to get in Canada, subprimes were far less common. irrelevant idiocy WRT govt-run health care deleted |
#20
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Ayn Rand's Utopia
On Thu, 25 Jun 2015 08:59:59 -0700 (PDT), wrote:
Mortgages were harder to get in Canada, subprimes were far less common. Mortgages should be hard to get. |
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