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Thread: Occupy Wall Street protest
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10-27-2011 #651
Re: Occupy Wall Street protest
The US government does not borrow money from any foreign country. We sell our bonds on the open market and countries invest in us because we're such a safe bet. Btw where are those soaring interest rates you guys predicted? Score another point for Keynes.
Correct in part Einstien....but who's buying more debt than any other country or bank? Google it and get back to me....
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10-27-2011 #652
- Join Date
- Oct 2008
- Posts
- 144
Re: Occupy Wall Street protest
100% agree BG CAT!!
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10-27-2011 #653
Re: Occupy Wall Street protest
The problem is that you need FDR and you've got Obama.
But pleasures are like poppies spread
You seize the flow'r, the bloom is shed
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10-27-2011 #654
Re: Occupy Wall Street protest
live with honour
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10-27-2011 #655
Re: Occupy Wall Street protest
You selectively presented a few boondoggles and yes such things can happen with crony capitalism and corrupt politicians. Both the private and public sectors have examples of wasteful and corrupt expenditures so we should...never build anything again? That's just insane.
Selectively ???????????LMAO....These are just a few. I could use all the bandwith this site has on waste and fraud...be it transportation funds, or taxpayer dollars given to green energy company. Got a crumbling bridge in your town? Sorry but those dollars went to Solyndra . Get real man....where the fuck is the money going
The stimulus infrastructure has not been guilty of such boondoggles. It has been one of the most transparent government spending programs ever and with 100 million to spend and 30,000 projects there will be some waste but the vast majority has been effective and useful. Don't forget: the Stimulus was wildly successful given its small size, it provided a multiplier of X2 and created millions of jobs.
Is that the one Joe Biden was suppose to let us know how every dollar was spent ? Tell Joe we're still waitin'. Again...there's not enough bandwidth to show how much of that money was pissed away to bundlers and political hacks. And if it was such a smashing success...how come the unemployment rate amoung the construction trades is 18% ? And how come we need another one?
You're probably not a bad guy, ( albeit a dupe) but you need to stop getting your info off the gov.com websites. You think they're gonna give you the straight scoop ? And explain what a "saved" job is and how one calculates that?
Why isn't Donald Trump building? Who the fuck is he suppose to sell to? In case you haven't read the news...there's a housing depression and a real estate glut of office space.. And it takes 3-5 years in permitting to break ground on any high rise building in NY, so if he started today...Obama would be back teaching Law at U of Chicago by the time they moved the first dirt. Not a bad thought !!!! Now you know.
And BTW...these protest buddies of yours....I really have to laugh....
they deplore Wall Street skunks and bailouts, but seem to be real sympathetic to Obama, yet who are the banks, the car companies and the hedge funds and the mortgage brookers running to when they need a bail out? Right back to Penn. Ave from thier buddies who were once thier co-workers down on Wall Street. Rich Irony...wouldn't ya say?
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"You see America as broken and bankrupt and unable to deal with our challenges; that we should just sit back and make it easier for the rich to extract the last bits of wealth from our once great middle class. I think America is still strong and still able to face its challenges if we have the courage to be honest about our problems and the conviction to follow through on rebuilding and revitalizing the middle class."
No...wrong. I see America as divided as never before from an administration who has used class warfare as a political tactic from the day the campaign ended, who demagogues success, hard work and investment to the point where he's pitted one group against another, and made it seem that if you're down on your luck or unemployed...there's some rich guy behind the curtain who put you there. It will take a generation and a real leader to put this mess back together, and who's put us in a position that for the first time in the nations history....we face economic Armageddon. And that my friend is not an overstatement.
Last edited by onmyknees; 10-27-2011 at 05:22 AM.
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10-27-2011 #656
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10-27-2011 #657
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10-27-2011 #658
Re: Occupy Wall Street protest
So again, your only point seems to be that because there has been corruption sometimes in the past we should never build anything again. If that's the way you feel, then you're a defeatist like I said.
And finally you agree with me about the Trump example. As you said it's a lack of demand, which is why the only body capable of jump-starting the economy is the federal government.
What percentage of the Energy Dept.'s Loan Guarantee $38 billion portfolio did Solyndra make up? Go ahead google it. (1.3%)
And again you want Obama to be both too corporate and too anti-corporate at the same time. I find him far too corporate as does the OWS crowd. Have you actually gone down there and talked to them? Cause I have.
You could be a decent guy if you got out into the real world and stopped relying on the horsehit Fox News is shoveling your way. Try some fresh air.
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10-27-2011 #659
Re: Occupy Wall Street protest
An Open Letter to the White Right, On the Occasion of Your Recent, Successful Temper Tantrum
http://www.timwise.org/2010/11/an-op...emper-tantrum/
Tim Wise: On White Privilege (Clip)
Last edited by natina; 10-27-2011 at 07:07 AM.
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10-27-2011 #660
- Join Date
- Jul 2008
- Posts
- 12,220
Re: Occupy Wall Street protest
I think that the principle of infrastructural investment as one way of reducing unemployment and stimulating the local economy is sound, its not my fault if the project management skills in the USA are not up to scratch, its clearly not a Republican or Democract speciality as I recall the Republicans selected for it made a complete mess of the rebuilding of Iraq, and the Project Manager, Lewis Paul Bremer the Third (sounds Like George the Third) did not have the courtesy to discuss any of his wacky and destuctive Republican-inspired policies with the British Prime Minister, and as we say in the UK, he legged it as soon as he could to leave other people to clear up his Republican neo-con mess; -there must be something about politicians who have been in office year after year, it seems to detach them from day to reality, its not about the name tag on the party. We have the same incompetence in the UK, and right now the government is busy sacking civil servants, I only expect it to get worse. But as an argument, there are not so many alternatives, unless suddenly the recession we are all in comes to an end.
Bu then this from onmyknees:
No...wrong. I see America as divided as never before from an administration who has used class warfare as a political tactic from the day the campaign ended, who demagogues success, hard work and investment to the point where he's pitted one group against another, and made it seem that if you're down on your luck or unemployed...there's some rich guy behind the curtain who put you there. It will take a generation and a real leader to put this mess back together, and who's put us in a position that for the first time in the nations history....we face economic Armageddon. And that my friend is not an overstatement.
Aggression posturing, the rhetoric of armageddon is the tone set by successive Republican administrations -it suits you to describe your situatio as 'economic armageddon' because it is the Republicans who have declared war -first on other Republicans or 'RINOS'- and then everyone else who disagrees with the slash and burn attitude to taxes and regulation, which our weak Conservative party is trying to railroad through Parliament here. There are other ways of doing it, but we are sinking into a 10-year, Japanese style decade of no growth, and I don't see much to be too optimistic about, but Armageddon, as in, we all die horrible deaths? Too theatrical. This is real life, not Broadway.
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