Current financial crisis

kenb · Posted: January 26, 2009, 2:58 pm Post subject: Re: Current financial crisis

xsjohn wrote:

Guess no liberal would believe it but Wild Bill Clinton really set us up with all those trade deals that took out economy out from under us....

Probably not, because even most savvy Republicans know nothing is _that_ simple. Smile

Trade agreements conceived in those days were largely the result of intense lobbying worldwide by business groups, who were tired of being encumbered by expenses like health and safety, environment, fair and equitable wages, pensions, and all the other things that made life the way it was for us during our lifetimes. Globalization offered them a chance to do away with all that s***, so they pressured the governments hard to enter and participate in these trade deals that are now eating us alive. "Change or be left behind" they all said, the new world economy is upon us!

Now I'm not going to suggest that business lobby groups are dominantly Republican or anything Wink

, but there had to have been some agreeable Republicans in the room with "Wild Bill Clinton" when those free trade agreements got signed, dontcha think?

Ken

xsjohn · Posted: January 26, 2009, 3:23 pm Post subject: Re: Current financial crisis

Ken.........Yup....They were all in cahoots....the bastards.....have you read about the North American Union they are secretely jamming down our throats.......and some of the one worlders are saying the only way out of this depression is world governence....their real plan all along .......not sure how easy that will be for them but the current crisus does give them a lift up to do something to us.....guess what ever country ends up with the money will be our boss...since all we do is piss the money away being stupid..........

xsjohn

xsjohn · Posted: January 27, 2009, 2:14 am Post subject: Re: Current financial crisis

Americas need not worry now.......the well stimulated package will be draped in a condom thanks to Nancy Pelosi's tireless work for our country...... Laughing

xsjohn

650rider · WebMaster Joined: Feb 09, 2005 Posts: 431

Pelosi should have stayed with her sandy friends - thing is her views are that of many citizens.

xsjohn · Posted: January 27, 2009, 9:37 am Post subject: Re: Current financial crisis

Nancy is from the 8th district ......San Fancisco.........need anyone say more..... Laughing

xsjohn

xsjohn · Posted: January 28, 2009, 10:31 pm Post subject: Re: Current financial crisis

This may be it.....the Pelosimobile...hold on to you XS's..............xsjohn

www.youtube.com/watch?v=rAqPMJFaEdY

Razar · Posted: February 1, 2009, 10:45 pm Post subject: Re: Current financial crisis

"when guns are outlawed only the outlaws have guns"

Don't you think that's better than crack heads, wife beaters, psychotic school kids and disgruntled employees having easy access. Do the real outlaws murder people at random? Shoot thier wives and kids? Blow a hole in the head of a store clerk for 20 dollars?

I think you'd find that career criminals tend to mostly use them on each other or as a threat. Career criminals know the difference in penalties between robbery and murder.

In a society where guns are difficult to get you have to know the right people, and those people have a stake in how they are used.Not so easy for the desperate or looney to get hold of. A poor investment for petty crime.

If you're worried about the Government taking your freedoms away, do you realy think that owning a gun is going to stop that. Perhaps if the people all voted and voted for candidates that cared about the wellfare of all the people and not just how much they could siphon out of the system to thier mates, there would be no need for this sort of paranoia.

Now I'm not talking socialism, but I can't for the life of me see why socialism has such a bad rep, I'm talking about looking after one another, not this I'm alright Jack, f... you attitude, that thinks that to have to pay a little more in taxes so that people can have proper health care and other facilities that add dignity to there lives, is being ripped off by the Government. Hey, you might even find youself in the position one day where these "socialist" things actually save your arse.

Thus endeth the lesson.

nj1639 · Posted: February 2, 2009, 8:12 am Post subject: Re: Current financial crisis

Too much abuse of the welfare system . Charity begins at home.
I've worked in the service industry for 30 years and have seen firsthand the abuse, mostly, I said mostly , the abuse of the system due to poor lifestyle decisions.
Faceless handouts without any accountability for correcting bad decisions helps no one and continues a drain on those that are responsable.
The constitution was never set up to provide welfare as the term has been corrupted. Those duties should have been left to family, fraternal organizations and the churches.

650skull · Support Staff Joined: Jul 19, 2007 Posts: 1186

Any one apply for welfare?.......... just shoot them, then the 5% who have 50% of the wealth won't have to pay as much in taxes...................The government has the responsibility for all of the countries inhabitants, not a select few. Maybe the schooling system lets people down..............

xsjohn · Posted: February 2, 2009, 9:55 am Post subject: Re: Current financial crisis

Still my contention that Free Trade is the underlying factor in this current financial crisis which has moved a large portion of our jobs to third world countries......bringing down our standard of living and forcing us to compete with almost free labor......we are no longer in the loop for many of the goods we consume………..

They moved the entry level and any other jobs they could and are now they are mortgaging our children.........they are traitors...and our leaders.....their actions are raising the standard of living of our enemies and giving them the technologyto kill us...........we are screwed..

And now the Gov't says they can fix it and or take care of us with pretend jobs......a complete sham........

And if I hear the word stimulus many more times I think I'm going to post a picture of my ass on the internet.... not here of course........ Laughing

xsjohn

weekendrider · Posted: February 2, 2009, 11:40 am Post subject: Re: Current financial crisis

We were warned. How old is this quote?

"Owners of capital will stimulate the working class to buy more and more of expensive goods, houses and technology, pushing them to take more and more expensive credits, until their debt becomes unbearable. The unpaid debt will lead to bankruptcy of banks, which will have to be nationalised, and the State will have to take the road which will eventually lead to communism"

jayel · Posted: February 2, 2009, 12:05 pm Post subject: Re: Current financial crisis

the mistake poor people make is not being born into inherited wealth

xsjohn · Posted: February 2, 2009, 12:09 pm Post subject: Re: Current financial crisis

""Or""....The mistake rich people make is not sterilizing more poor people.... Idea

xsjohn

weekendrider · Posted: February 2, 2009, 12:38 pm Post subject: Re: Current financial crisis

You don't make money, cutting the bulls nuts. But then you don't need 10 bulls for 10 cows, so you may be onto something John.

The mistake poor people make is trying to live like they are rich.

xsjohn · Posted: February 2, 2009, 12:43 pm Post subject: Re: Current financial crisis

You eat the entire bull and the nuts.........

The mistake poor people make is trying to live...........or allowing the rich people too...

xsjohn

weekendrider · Posted: February 2, 2009, 12:51 pm Post subject: Re: Current financial crisis

Don't really care for the "soft" meats. And the bull is half my crop. Eating him would be like cutting cutting my nose off to spite my face.

xsjohn · Posted: February 2, 2009, 12:58 pm Post subject: Re: Current financial crisis

Another mistake poor people make is getting educated....then they find out they have a proplem......and have to pay for the education too......

xsjohn

nj1639 · Posted: February 2, 2009, 9:14 pm Post subject: Re: Current financial crisis

650skull wrote:

Any one apply for welfare?.......... just shoot them, then the 5% who have 50% of the wealth won't have to pay as much in taxes...................The government has the responsibility for all of the countries inhabitants, not a select few. Maybe the schooling system lets people down..............

Maybe true in Oz but was not set up that way here. Here we have , or had, the Liberty to make it or not.
Without a gold standard there is no longer a limited supply of money, plenty of colored fiat for all.
The guvment wants more and more on the plantation dependent on crumbs, gets votes ya know. Empowers the hand that feeds.
And the school system, you're taxed for the public system and if you want a quality private education you're paying double.

xsjohn · Posted: February 2, 2009, 9:28 pm Post subject: Re: Current financial crisis

We have a promise them everything type of elections here........and they fall for it every time........and end up with less every time......

xsjohn

Razar · Posted: February 3, 2009, 3:45 am Post subject: Re: Current financial crisis

You know the main problem with all the various -isms is the people administering the government. If their intent is to do the best for the people, then the system is going to be OK. If it's to screw them over, well your stuffed. There are plenty of examples of corruption in all forms of government. And corruption only occurs when a large percent of the population are content to play along, even if they squawk the contrary at a later date when it all comes to tears.

Abuse of a welfare system is somewhat inevitable to a degree, but to not have one is abuse of the individual and leads to desperate people doing desperate things. The government is going to take your money anyway, isn't it better that it helps out those that are in need, than to be used to invade another country or subsidise the rich in some way like they always do? And it's not like the recipients of welfare get to keep it, it's all put back into the soup for everyone else to have a taste. Just helps them not to have to rob your house or your person on a dark night. No guarantees of course.

What do we have government for anyway? Isn't it to provide us with services that are either difficult or inconvienient to provide for ourselves as individuals? I know alot of governments forget that it's their only reason for being, and start interfering in our personal lives like we are their serfs or something. But that doesn't alter the fact that there is no real difference between socialist or capitalist systems in their various forms, just a difference of degrees.

If it's not for the people, it's Tyranny. Wasn't that what your forefathers were banging on about?

yamaman · Posted: February 3, 2009, 4:55 am Post subject: Re: Current financial crisis

Razar wrote:

There are plenty of examples of corruption in all forms of government.

To quote a book I'm in the midst of "the only problem with corruption in government, is that it works so well!"

nj1639 · Posted: February 3, 2009, 8:21 am Post subject: Re: Current financial crisis

Basically the central, Federal branch of the guvment was set up for national defense and to intercede between the various states in cases of dispute. Roosevelt took the obscure word 'welfare' that was used in the description of what the fed was to do and gave us the nanny state. Would love to see the definition that was used for the term when it was penned 150 years or so before fdr.
Been trying to think of anyone that I personaly know or know of that has lost everything in this latest mess. I come up with a blank.

Barbara · Posted: February 3, 2009, 12:38 pm Post subject: Re: Current financial crisis

Hi Guys,

Here in the States, our Constitution provides the central government with a mandate "to repel foreign invasion and ensure domestic tranquility". Period. Sadly, that "ensure domestic tranquility" bit can be interpreted 1000 ways by 1000 lawyers......

Let's see--who has been hurt by the banker's fun and games? Well, my 90 year-old father is worth about half what he was a year ago, and that could impact him in terms of medical issues, and my friend from high school and her husband planned to retire last year, but now he is looking for work and she has taken a job despite knee and hip replacements and other health issues.

It is real, and it hurts real people---and those %$#@*& bankers still sponsor Stupid Bowl games and throw huge parties. Perhaps some rope and a couple of handy power poles would do the trick....?

Too harsh? How about a bit of tar and feathers..? Wink

kenb · Posted: February 3, 2009, 3:42 pm Post subject: Re: Current financial crisis

Barbara wrote:

It is real, and it hurts real people---and those %$#@*& bankers still sponsor Stupid Bowl games and throw huge parties. Perhaps some rope and a couple of handy power poles would do the trick....?

Hi Barb,

I share your outrage about the behavior of the well heeled types who have done us all in yet again. What I can't understand though, is the way everybody seems to be just taking everything in stride, like we deserved it or something.

Bernard Madoff just fleeced thousands of people out of 50 billion with his ponzi scheme, and today he still sits in his luxury Manhatten penthouse waiting for a court case that he might not even survive long enough to attend. This is the case even though he's breached his bail conditions by attempting to mail out millions in jewellry and other assets to freinds and family. That's OK though, because nobody (including the courts) seems to mind all that much, and his bail wasn't even revolked. Where's the rage out there, where's the lynch mobs, where's the bullets everybody keeps talking about!?

What bothers me, is that I see the Bernard Madoff mentality in a couple of young stock market guys I know. Far from being outraged by all this mayhem, these guys actually idolize these big players who turn on their own shareholders and corporations......and country. They don't seem to think there is anything wrong with it, preferring instead to admire his ability to outfox and out-manouver everybody else, and to shrewdly remain one step ahead of his adversaries at all times. Their hero's are people like Kennth Lay, Conrad Black, Jeffery Skilling, Bernie Ebbers, who have all been sentenced to a few years of golf in minimum security facilities. (Except Kenny Boy, who had the decency to die before sentencing).

In the minds of my two stock market aqquaintances, if you broke into their living room and stole their DVD player, they would call for your head to be brought to them in a cardboard box. But if Conrad Black illegally diverts 60 million of his shareholders money into his own personal bank account, they would say "Big deal, so he took a little money for himself, just get over it". When Conrad got his 6 years in the slammer in Florida last winter, these guys were pissing and moaning about it like a couple of kids who had to stay late and clean the erasers after school.

I fully expect to read about these two guys in the newspaper one day, and it makes me shudder to think about how many more of them there are out there.

Ken

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