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(Zero Hedge)   Will the world's greatest economic power please step forward? Not so fast there, Uncle Sam   (zerohedge.com) divider line 171
    More: Sad, Uncle Sam, BBVA, market power  
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5422 clicks; posted to Politics » on 06 Apr 2014 at 5:12 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2014-04-06 12:52:47 PM  

clowncar on fire: Depends on the dream.  If you're a greedy fark that has to have it all- then yes, the American dream will surely fail you.  If you've been frugal, have met realistic expectations, and kept your debt under control, the American dream is alive and well!

My kids are on their way to college soon, we'll downsize into a home that's paid off (from the sale of our current home), and we'll spend the next ten or so years with a mix of helping out the kids with their bills and saving toward our retirement.  American dream: well on track.


THIS
so many people bought shiat that they couldnt afford, so much debt, so much crap and just expected things to keep growing. really? your house will NEVER LOSE any value? ROFL

Sorry, but I found it impossible to feel sorry for those people when things collapsed.
 
2014-04-06 12:53:53 PM  

BravadoGT: dj_bigbird: Russia is diversified? They're no different than Saudi Arabia, other than they have hotter women and it's colder. BBVA must be based in Colorado or Washington.

Close!  Spain.  And they're a very big bank.


Indeed! So big, in fact, that they cannot possibly fail.
 
2014-04-06 12:54:15 PM  

BMulligan: Monkeyhouse Zendo: BigBurrito: CCTV offices. Architect Rem Koolhaas (OMA), who also did the Seattle Public Library, and many other intersting buildings.


One of the current starchitects. (not my word)

Looks like someone gave his four year old a box of legos, scaled up the design and coated it with mirrors.

It's actually a fairly amazing library - the design is functional yet whimsical, and it brings an interesting flavor to the neighborhood. The only problem with the place is that it's easy to find your way to the top floor - just take the escalator all the way up - but the only elevator which will get you back down is hidden in an odd corner. There are people lost on the top floor that have been up there for years.


I vastly prefer the Vancouver central library. It's also very function and has a striking design without looking like it was designed by a tween trying way too hard to be different.

img.fark.netimg.fark.net
 
2014-04-06 12:55:16 PM  
So the author thinks China and Saudi Arabia belong in the G7 group of industrialized democracies?
 
2014-04-06 12:59:59 PM  

namatad: clowncar on fire: Depends on the dream.  If you're a greedy fark that has to have it all- then yes, the American dream will surely fail you.  If you've been frugal, have met realistic expectations, and kept your debt under control, the American dream is alive and well!

My kids are on their way to college soon, we'll downsize into a home that's paid off (from the sale of our current home), and we'll spend the next ten or so years with a mix of helping out the kids with their bills and saving toward our retirement.  American dream: well on track.

THIS
so many people bought shiat that they couldnt afford, so much debt, so much crap and just expected things to keep growing. really? your house will NEVER LOSE any value? ROFL

Sorry, but I found it impossible to feel sorry for those people when things collapsed.


Two ways a home loses its value: buy in a hot market (especially at the peak of that market), failure to maintain or build equity in that home.
Honorable mention: buy property in a declining neighborhood, buy the nicest home in the neighborhood, over improve the property so that it becomes the most expensive home.

The only time you make personal quirky cosmetic improvements is when you have either paid off the home or have no plans to sell so the improvements are of personal value only.
 
2014-04-06 01:08:57 PM  

clowncar on fire: namatad: rev. dave: The US is not at the top because of the rising oligarchy.  The more power they have, the weaker we get.

strange how concentrating the income reduces spending.
strange how after 30 years of trickle down, morans still think it works

Assuming the company is investing in itself (from the investments of the wealthy and profits)- the company would be taking on more employees.  So yes, an example where trickle down works.  If you define it as the wealthy being required to purchase more goods and employing more help around the home?  Trickle down would be an utter failure.


Trickle down already is an utter failure. There's no need for a company to take on employees if the demand isn't there. You can't create demand with corporate or high-income tax cuts.
 
2014-04-06 01:14:04 PM  

EngineerAU: BMulligan: Monkeyhouse Zendo: BigBurrito: CCTV offices. Architect Rem Koolhaas (OMA), who also did the Seattle Public Library, and many other intersting buildings.


One of the current starchitects. (not my word)

Looks like someone gave his four year old a box of legos, scaled up the design and coated it with mirrors.

It's actually a fairly amazing library - the design is functional yet whimsical, and it brings an interesting flavor to the neighborhood. The only problem with the place is that it's easy to find your way to the top floor - just take the escalator all the way up - but the only elevator which will get you back down is hidden in an odd corner. There are people lost on the top floor that have been up there for years.

I vastly prefer the Vancouver central library. It's also very function and has a striking design without looking like it was designed by a tween trying way too hard to be different.

[img.fark.net image 850x636][img.fark.net image 600x450]


It's a beautiful library - in a beautiful city - but that sort of monumental classical (I've probably used the term in a technically incorrect manner here) design would have been out of place in the Seattle location.
 
2014-04-06 01:15:19 PM  

clowncar on fire: namatad: rev. dave: The US is not at the top because of the rising oligarchy.  The more power they have, the weaker we get.

strange how concentrating the income reduces spending.
strange how after 30 years of trickle down, morans still think it works

Assuming the company is investing in itself (from the investments of the wealthy and profits)- the company would be taking on more employees.  So yes, an example where trickle down works.  If you define it as the wealthy being required to purchase more goods and employing more help around the home?  Trickle down would be an utter failure.


trickle down has been an abysmal failure.
there is no evidence that it has done anything other than concentrate the wealth at the expense of the middle.

imagine a world where there were no bush tax cuts and the US had paid off its national debt.
now compare that to what we have instead.

fark trickle down, fark bush and fark the GOP
 
2014-04-06 01:18:26 PM  

cameroncrazy1984: Trickle down already is an utter failure. There's no need for a company to take on employees if the demand isn't there. You can't create demand with corporate or high-income tax cuts


this this and MORE FARKING THIS

repeating a lie doesnt make it true
trickle down failed, time to move on
war on drugs failed, time to move on

2016 will be one of the most import elections of our lives.
A gop president will destroy the recovery, such as it has been.
A dem president will at least keep things going.
 
2014-04-06 01:22:39 PM  

cameroncrazy1984: clowncar on fire: namatad: rev. dave: The US is not at the top because of the rising oligarchy.  The more power they have, the weaker we get.

strange how concentrating the income reduces spending.
strange how after 30 years of trickle down, morans still think it works

Assuming the company is investing in itself (from the investments of the wealthy and profits)- the company would be taking on more employees.  So yes, an example where trickle down works.  If you define it as the wealthy being required to purchase more goods and employing more help around the home?  Trickle down would be an utter failure.

Trickle down already is an utter failure. There's no need for a company to take on employees if the demand isn't there. You can't create demand with corporate or high-income tax cuts.


You can't blame the investor if the buyer isn't doing their part.  But the good news is- if the buyer isn't doing his part, that nasty investor is just wasting his money so we got win either way.
 
2014-04-06 01:23:19 PM  

EngineerAU: BMulligan: Monkeyhouse Zendo: BigBurrito: CCTV offices. Architect Rem Koolhaas (OMA), who also did the Seattle Public Library, and many other intersting buildings.


One of the current starchitects. (not my word)

Looks like someone gave his four year old a box of legos, scaled up the design and coated it with mirrors.

It's actually a fairly amazing library - the design is functional yet whimsical, and it brings an interesting flavor to the neighborhood. The only problem with the place is that it's easy to find your way to the top floor - just take the escalator all the way up - but the only elevator which will get you back down is hidden in an odd corner. There are people lost on the top floor that have been up there for years.

I vastly prefer the Vancouver central library. It's also very function and has a striking design without looking like it was designed by a tween trying way too hard to be different.

[img.fark.net image 850x636][img.fark.net image 600x450]


Ummm
 
2014-04-06 01:30:23 PM  

log_jammin: when I was a kid I would always hear "no wonder it broke. It says "made in japan! junk!"

when I was older I would hear "no wonder it broke. It says "made in Taiwan! junk!"

now "no wonder it broke. It says "made in China! junk!"

so what will be the next the next Asian country to make my cheap walmart junk? India?


Bangladesh
 
2014-04-06 01:38:43 PM  

namatad: cameroncrazy1984: Trickle down already is an utter failure. There's no need for a company to take on employees if the demand isn't there. You can't create demand with corporate or high-income tax cuts

this this and MORE FARKING THIS

repeating a lie doesnt make it true  -

it does if the majority believe it- that's what politics is all about
trickle down failed, time to move on- trickle down failed only because the economy failed.  The theory that investment would strengthen an economy only holds true in a sound economy
war on drugs failed, time to move on- not sure yet. Let's see what happens to Colorado over the next few years.  Having a "drugged" population does not make us all the better for it. Can you imagine the income lost on the purchase of drugs?  Alcohol has already proven detrimental.

2016 will be one of the most import elections of our lives.- It will be another year- same ol'- same ol'.  You'll see only what you want to see and dismiss that which doesn't fit in your plan
A gop president will destroy the recovery, such as it has been.If that is what you've already decided- then probably.  When we were down to 4+% unemployment under Bush, there wasn't a lot of biatching going on.  You've owned the economy for the last 6 years- good or bad.  you can blame the previous administration for the bad times, take credit for the good (and you should) if it helps ease the pain.  Things are still not great, we're still hurting in the employment department, we're still a nation divided by its political beliefs.
A dem president will at least keep things going.
Historically- every president- for better or worse-- has kept things going.  This is about the only statement I have faith in.
 
2014-04-06 01:44:02 PM  

vygramul: As someone once said, "if you're paying for your PhD, they didn't really want you there to begin with." And a lot of institutions are beginning to dump the PhD slots that aren't fully-funded. UVA went from 24 history grad slots to 12. A lot of institutions have pared back their history programs because, "there are too many [liberal arts] PhDs and it would be unfair to people who won't be able to get a job." Frankly, I found that to be rather obnoxious for reasons that are too extensive to go into here.


I'm guessing you find it obnoxious because you're an Austrian. You are, aren't you? (I'm not saying you're one of the ideologues just looking for a tradition to hang your hat on here. I think you usually make some sense. Only most "Austrians" deserve full fledged attacks on their mothers.)
The problem I see here is that the education "market" isn't really a market at all. When we talk about "good" schools, the UVAs, supply is always restricted by the school, and prices are not allowed to reflect demand. When we talk about the "bad" schools, the other 5000 universities in America, "demand" is generated mostly by lies. So in neither case does the "market" provide any information, except maybe, in the case of the bad schools, how effective any particular lie is. That's not information the market should interested in.
It seems very difficult to create an education market, in the Austrian sense, because wealth and potential do not appear correlated. How would an Austrian construct a market for education, in which prices could reflect demand?
 
2014-04-06 01:45:21 PM  

Marcus Aurelius: cman: Chinese people want TVs, phones, computers, and cars

Then why don't I see these slants at WalMart instead of my local Buddhist temple?


Don't be ridiculous. Whoever heard of a hillbilly Buddhist?
 
2014-04-06 01:49:08 PM  

Spaz-master: EngineerAU: BMulligan: Monkeyhouse Zendo: BigBurrito: CCTV offices. Architect Rem Koolhaas (OMA), who also did the Seattle Public Library, and many other intersting buildings.


One of the current starchitects. (not my word)

Looks like someone gave his four year old a box of legos, scaled up the design and coated it with mirrors.

It's actually a fairly amazing library - the design is functional yet whimsical, and it brings an interesting flavor to the neighborhood. The only problem with the place is that it's easy to find your way to the top floor - just take the escalator all the way up - but the only elevator which will get you back down is hidden in an odd corner. There are people lost on the top floor that have been up there for years.

I vastly prefer the Vancouver central library. It's also very function and has a striking design without looking like it was designed by a tween trying way too hard to be different.

[img.fark.net image 850x636][img.fark.net image 600x450]

Ummm


Attractive but a lot of wasted architecture.
 
2014-04-06 01:58:07 PM  

offmymeds: Don't be ridiculous. Whoever heard of a hillbilly Buddhist?


Google has!


img.fark.net
 
2014-04-06 01:58:42 PM  

Spaz-master: Ummm


"It's also very functional."


That was tough.
 
2014-04-06 02:08:01 PM  

namatad: cameroncrazy1984: Trickle down already is an utter failure. There's no need for a company to take on employees if the demand isn't there. You can't create demand with corporate or high-income tax cuts

this this and MORE FARKING THIS

repeating a lie doesnt make it true
trickle down failed, time to move on
war on drugs failed, time to move on

2016 will be one of the most import elections of our lives.
A gop president will destroy the recovery, such as it has been.
A dem president will at least keep things going.


What makes you think that our current situation is sustainable?

Irrational thinking causes economic crashes. People think "This time will be different!". It never is.
 
2014-04-06 02:11:35 PM  
Well of course China is #1 economically.

They save a shiatload of money paying their workers shiat wages so rich people in the USA can buy them.

Sorry if that makes you mad, subby.
 
2014-04-06 02:16:31 PM  

whidbey: Well of course China is #1 economically.

They save a shiatload of money paying their workers shiat wages so rich people in the USA can buy them.

Sorry if that makes you mad, subby.


Actually low wages provided Chinese a much significant benefit: keeping people employed and building infrastructure even during times of belt-tightening.

There is this "take short term pain for long term gain" thing that happens in China. Great Leap Forward is a good example of this.
 
2014-04-06 02:20:10 PM  

cman: whidbey: Well of course China is #1 economically.

They save a shiatload of money paying their workers shiat wages so rich people in the USA can buy them.

Sorry if that makes you mad, subby.

Actually low wages provided Chinese a much significant benefit: keeping people employed and building infrastructure even during times of belt-tightening.

There is this "take short term pain for long term gain" thing that happens in China. Great Leap Forward is a good example of this.


More like there was a hardline military dictatorship that controlled China and its resources for nearly 50 years and now it's morphed into a corporatist one where people get paid less than the US minimum wage to make cheap bullshiat.

I think that's what you really meant.
 
2014-04-06 02:24:54 PM  

whidbey: cman: whidbey: Well of course China is #1 economically.

They save a shiatload of money paying their workers shiat wages so rich people in the USA can buy them.

Sorry if that makes you mad, subby.

Actually low wages provided Chinese a much significant benefit: keeping people employed and building infrastructure even during times of belt-tightening.

There is this "take short term pain for long term gain" thing that happens in China. Great Leap Forward is a good example of this.

More like there was a hardline military dictatorship that controlled China and its resources for nearly 50 years and now it's morphed into a corporatist one where people get paid less than the US minimum wage to make cheap bullshiat.

I think that's what you really meant.


Do you have respect for Ted Koppel? If so then you will enjoy a program he filmed called "Peoples Republic of Capitalism". It will shock you.
 
2014-04-06 02:26:40 PM  

cman: whidbey: cman: whidbey: Well of course China is #1 economically.

They save a shiatload of money paying their workers shiat wages so rich people in the USA can buy them.

Sorry if that makes you mad, subby.

Actually low wages provided Chinese a much significant benefit: keeping people employed and building infrastructure even during times of belt-tightening.

There is this "take short term pain for long term gain" thing that happens in China. Great Leap Forward is a good example of this.

More like there was a hardline military dictatorship that controlled China and its resources for nearly 50 years and now it's morphed into a corporatist one where people get paid less than the US minimum wage to make cheap bullshiat.

I think that's what you really meant.

Do you have respect for Ted Koppel? If so then you will enjoy a program he filmed called "Peoples Republic of Capitalism". It will shock you.


Maybe I would like it, but I felt the need to point out your revisionist, needlessly apologetic attitude for China's exploitative labor practices.
 
2014-04-06 02:30:11 PM  

whidbey: cman: whidbey: cman: whidbey: Well of course China is #1 economically.

They save a shiatload of money paying their workers shiat wages so rich people in the USA can buy them.

Sorry if that makes you mad, subby.

Actually low wages provided Chinese a much significant benefit: keeping people employed and building infrastructure even during times of belt-tightening.

There is this "take short term pain for long term gain" thing that happens in China. Great Leap Forward is a good example of this.

More like there was a hardline military dictatorship that controlled China and its resources for nearly 50 years and now it's morphed into a corporatist one where people get paid less than the US minimum wage to make cheap bullshiat.

I think that's what you really meant.

Do you have respect for Ted Koppel? If so then you will enjoy a program he filmed called "Peoples Republic of Capitalism". It will shock you.

Maybe I would like it, but I felt the need to point out your revisionist, needlessly apologetic attitude for China's exploitative labor practices.


I am not being completely apologetic

Look at what I first said in this thread. I said that workers rights are being denied to Chinese and that is what is preventing China from developing as fast as it could. China has a very long way to go, but they are working on it and are getting much better. Poverty, once striking Chinese like no other nation, isnt the poverty that we believe. Times in China have been astonishing. These people are building a nation faster than no one on earth is. They are proud of their accomplishments. What we perceive China is and what China really is are so drastic.
 
2014-04-06 02:33:46 PM  

rumpelstiltskin: vygramul: As someone once said, "if you're paying for your PhD, they didn't really want you there to begin with." And a lot of institutions are beginning to dump the PhD slots that aren't fully-funded. UVA went from 24 history grad slots to 12. A lot of institutions have pared back their history programs because, "there are too many [liberal arts] PhDs and it would be unfair to people who won't be able to get a job." Frankly, I found that to be rather obnoxious for reasons that are too extensive to go into here.

I'm guessing you find it obnoxious because you're an Austrian. You are, aren't you? (I'm not saying you're one of the ideologues just looking for a tradition to hang your hat on here. I think you usually make some sense. Only most "Austrians" deserve full fledged attacks on their mothers.)
The problem I see here is that the education "market" isn't really a market at all. When we talk about "good" schools, the UVAs, supply is always restricted by the school, and prices are not allowed to reflect demand. When we talk about the "bad" schools, the other 5000 universities in America, "demand" is generated mostly by lies. So in neither case does the "market" provide any information, except maybe, in the case of the bad schools, how effective any particular lie is. That's not information the market should interested in.
It seems very difficult to create an education market, in the Austrian sense, because wealth and potential do not appear correlated. How would an Austrian construct a market for education, in which prices could reflect demand?


No, I generally find Austrians to have the same flavor of failure that Communists do: assumptions that all that empirical evidence disprove. I find it obnoxious because I think schools have no business making such determinations on behalf of students. It has a kind of Gattaca feel to it. I can understand schools limiting enrollment to preserve institutional reputation, to maintain the quality of the output, to prevent over-taxing resources, or a host of other legitimate reasons. To tell someone they can't come because you've decided that it's not good for them is what irritates.

There are other reasons as well, involving other reasons regarding UVA's history department, but it's a long story.

/About to start graduate school, so this isn't about me
 
2014-04-06 02:36:36 PM  

cman: Look at what I first said in this thread. I said that workers rights are being denied to Chinese and that is what is preventing China from developing as fast as it could. China has a very long way to go, but they are working on it and are getting much better. Poverty, once striking Chinese like no other nation, isnt the poverty that we believe. Times in China have been astonishing. These people are building a nation faster than no one on earth is. They are proud of their accomplishments. What we perceive China is and what China really is are so drastic.


You also seem to think that China is performing this "astonishing" time of development as a team, like the workers have any say in it at all.

I really don't get your posts at all. It's a shiathole there. With a wealth gap miles beyond anything in the US.
 
2014-04-06 02:40:35 PM  

whidbey: cman: Look at what I first said in this thread. I said that workers rights are being denied to Chinese and that is what is preventing China from developing as fast as it could. China has a very long way to go, but they are working on it and are getting much better. Poverty, once striking Chinese like no other nation, isnt the poverty that we believe. Times in China have been astonishing. These people are building a nation faster than no one on earth is. They are proud of their accomplishments. What we perceive China is and what China really is are so drastic.

You also seem to think that China is performing this "astonishing" time of development as a team, like the workers have any say in it at all.

I really don't get your posts at all. It's a shiathole there. With a wealth gap miles beyond anything in the US.


They dont have any say in it, and thats what is hurting them the absolute most

Rigidity is what caused the Soviet economy to fail. Everything was taken care of from the top down. When the Chinese workers start thinking for themselves they the workers will be able to do some good with their jobs.

The wealth gap is a problem indeed. Its wealth gap, IIRC, is much greater than the United States. And the workers getting their rights will take care of that, too
 
2014-04-06 02:45:28 PM  

cman: whidbey: cman: Look at what I first said in this thread. I said that workers rights are being denied to Chinese and that is what is preventing China from developing as fast as it could. China has a very long way to go, but they are working on it and are getting much better. Poverty, once striking Chinese like no other nation, isnt the poverty that we believe. Times in China have been astonishing. These people are building a nation faster than no one on earth is. They are proud of their accomplishments. What we perceive China is and what China really is are so drastic.

You also seem to think that China is performing this "astonishing" time of development as a team, like the workers have any say in it at all.

I really don't get your posts at all. It's a shiathole there. With a wealth gap miles beyond anything in the US.

They dont have any say in it, and thats what is hurting them the absolute most

Rigidity is what caused the Soviet economy to fail. Everything was taken care of from the top down. When the Chinese workers start thinking for themselves they the workers will be able to do some good with their jobs.

The wealth gap is a problem indeed. Its wealth gap, IIRC, is much greater than the United States. And the workers getting their rights will take care of that, too


Imagine how fast the Chinese economy would grow if workers were able to unionize (not that it'll ever happen under their political system).
 
2014-04-06 02:49:15 PM  
Communist China will kick 'murican butt within the next 10 to 20 years.   they have 3 to 4 times more of everything we have. and, unless they f*ck themselves over like we do, they can't help but end up at the top.
 
2014-04-06 02:50:05 PM  

fusillade762: We could beat them if we weren't such pussies.

[cdn.theatlanticcities.com image 850x564]

C'mon, slap a handkerchief over your face and get back to work!



if the GOP had their way, our air would be the same.
 
2014-04-06 02:51:58 PM  

JerkyMeat: Capitalism and capitalists in particular have no allegence to country. Their one and only allegence is to money and profit.



BINGO!   you won.    and if this Nation ever really craps out, those same crony Capitalist pigs will fly in their private jets to their European, etc, homes.

they don't owe this Nation a damn thing. that is why they whine about their taxes so much.
 
2014-04-06 02:54:36 PM  

namatad: rev. dave: The US is not at the top because of the rising oligarchy.  The more power they have, the weaker we get.

strange how concentrating the income reduces spending.
strange how after 30 years of trickle down, morans still think it works



most 'muricans will have to live under a bridge and in shanty towns populated with tents before they figure it out.  welcome to our sorry public school system and the corporate owned boob toob 'news'.
 
2014-04-06 02:56:57 PM  

cman: There is this "take short term pain for long term gain" thing that happens in China. Great Leap Forward is a good example of this.


Did you just imply that the Great Leap Forward was a good thing?  Really?
 
2014-04-06 02:57:03 PM  

vygramul: To tell someone they can't come because you've decided that it's not good for them is what irritates.


But when the market lies, an individual isn't in a position to decide what's good for himself. Self interest breaks down. Freedom breaks down. Who decides what is good?
 
2014-04-06 02:59:22 PM  

llortcM_yllort: cman: There is this "take short term pain for long term gain" thing that happens in China. Great Leap Forward is a good example of this.

Did you just imply that the Great Leap Forward was a good thing?  Really?


He was talking all kinds of shiat. I got tired of responding.
 
2014-04-06 02:59:56 PM  

llortcM_yllort: cman: There is this "take short term pain for long term gain" thing that happens in China. Great Leap Forward is a good example of this.

Did you just imply that the Great Leap Forward was a good thing?  Really?


LOL

My fail

I should have been more specific.

That was not my intent, no.

This is what happens when you write sentences funky
 
2014-04-06 03:07:11 PM  
*Gang of Four like typing detected*
 
2014-04-06 03:22:23 PM  

cman: llortcM_yllort: cman: There is this "take short term pain for long term gain" thing that happens in China. Great Leap Forward is a good example of this.

Did you just imply that the Great Leap Forward was a good thing?  Really?

LOL

My fail

I should have been more specific.

That was not my intent, no.

This is what happens when you write sentences funky


This is what happens when you have no idea what you're talking about/are high
 
2014-04-06 03:22:41 PM  

TuteTibiImperes: From what I've read a lot of the homes and condos in the ghost cities have been bought up by real estate speculators.  Maybe they're expecting a huge population boom in the near future, or people to suddenly move out of the cities quickly, but it doesn't strike me as a particularly good investment.


Where have we seen that before?

www.blogcdn.com
 
2014-04-06 03:31:51 PM  

clowncar on fire: namatad: cameroncrazy1984: Trickle down already is an utter failure. There's no need for a company to take on employees if the demand isn't there. You can't create demand with corporate or high-income tax cuts

this this and MORE FARKING THIS

repeating a lie doesnt make it true  - it does if the majority believe it- that's what politics is all about
trickle down failed, time to move on- trickle down failed only because the economy failed.  The theory that investment would strengthen an economy only holds true in a sound economy
war on drugs failed, time to move on- not sure yet. Let's see what happens to Colorado over the next few years.  Having a "drugged" population does not make us all the better for it. Can you imagine the income lost on the purchase of drugs?  Alcohol has already proven detrimental.

2016 will be one of the most import elections of our lives.- It will be another year- same ol'- same ol'.  You'll see only what you want to see and dismiss that which doesn't fit in your plan
A gop president will destroy the recovery, such as it has been.If that is what you've already decided- then probably.  When we were down to 4+% unemployment under Bush, there wasn't a lot of biatching going on.  You've owned the economy for the last 6 years- good or bad.  you can blame the previous administration for the bad times, take credit for the good (and you should) if it helps ease the pain.  Things are still not great, we're still hurting in the employment department, we're still a nation divided by its political beliefs.
A dem president will at least keep things going. Historically- every president- for better or worse-- has kept things going.  This is about the only statement I have faith in.


So you really want to believe. Well OK. So it isn't that the theory is wrong it's that realty won't cooperate with it.
 
2014-04-06 03:37:45 PM  
Guess who will be #2 soon enough?

www.dw.de

Good thing all the WW2 vets are dead...
 
2014-04-06 03:38:25 PM  

b2theory: Great list. Some how the worlds largest economy, second largest manufactuer, with the most R&D spending, largest equities market, largest consumer market..... is number two.


Yes. So, what's your point?

Germany is lower than China as well, despite having a larger export surplus, well, or in order words, 20 times as large an export surplus per inhabitant. But evidently thats not the metric they were using.
 
2014-04-06 03:40:56 PM  

Mugato: I thought everyone knew this. Go somewhere other than a gun store and try to find something not made in China. I mean you can do it but it'll take a few tries.


OK, I'll try going to a supermarket or a car dealership.

Finding something Chinese in either would be very difficult. I mean, who in their right mind would eat anything made in China, or buy a Chinese car.
 
2014-04-06 03:51:36 PM  

Linux_Yes: Communist China will kick 'murican butt within the next 10 to 20 years.   they have 3 to 4 times more of everything we have. and, unless they f*ck themselves over like we do, they can't help but end up at the top.


China's been 10-20 years from kicking our ass for as long as Iran's been 5 years from a nuclear weapon.
 
2014-04-06 03:52:50 PM  

rumpelstiltskin: vygramul: To tell someone they can't come because you've decided that it's not good for them is what irritates.

But when the market lies, an individual isn't in a position to decide what's good for himself. Self interest breaks down. Freedom breaks down. Who decides what is good?


I'll be the judge of what's good for me.
 
2014-04-06 03:56:43 PM  

vygramul: rumpelstiltskin: vygramul: To tell someone they can't come because you've decided that it's not good for them is what irritates.

But when the market lies, an individual isn't in a position to decide what's good for himself. Self interest breaks down. Freedom breaks down. Who decides what is good?

I'll be the judge of what's good for me.


So say the young. Good luck.
 
2014-04-06 04:04:00 PM  

rumpelstiltskin: vygramul: rumpelstiltskin: vygramul: To tell someone they can't come because you've decided that it's not good for them is what irritates.

But when the market lies, an individual isn't in a position to decide what's good for himself. Self interest breaks down. Freedom breaks down. Who decides what is good?

I'll be the judge of what's good for me.

So say the young. Good luck.


So you're not the judge of what's good for you?
 
2014-04-06 04:05:45 PM  
From Exceptionalism to Mediocrity...

In Amerika, the Sun revolves around the Earth, Evolution is just a theory, climate change is denied by the clueless and the Bible is the source of all truth...

consciouslifenews.com
 
2014-04-06 04:12:57 PM  

Fart_Machine: clowncar on fire: namatad: cameroncrazy1984: Trickle down already is an utter failure. There's no need for a company to take on employees if the demand isn't there. You can't create demand with corporate or high-income tax cuts

this this and MORE FARKING THIS

repeating a lie doesnt make it true  - it does if the majority believe it- that's what politics is all about
trickle down failed, time to move on- trickle down failed only because the economy failed.  The theory that investment would strengthen an economy only holds true in a sound economy
war on drugs failed, time to move on- not sure yet. Let's see what happens to Colorado over the next few years.  Having a "drugged" population does not make us all the better for it. Can you imagine the income lost on the purchase of drugs?  Alcohol has already proven detrimental.

2016 will be one of the most import elections of our lives.- It will be another year- same ol'- same ol'.  You'll see only what you want to see and dismiss that which doesn't fit in your plan
A gop president will destroy the recovery, such as it has been.If that is what you've already decided- then probably.  When we were down to 4+% unemployment under Bush, there wasn't a lot of biatching going on.  You've owned the economy for the last 6 years- good or bad.  you can blame the previous administration for the bad times, take credit for the good (and you should) if it helps ease the pain.  Things are still not great, we're still hurting in the employment department, we're still a nation divided by its political beliefs.
A dem president will at least keep things going. Historically- every president- for better or worse-- has kept things going.  This is about the only statement I have faith in.

So you really want to believe. Well OK. So it isn't that the theory is wrong it's that realty won't cooperate with it.


The theory was to give all the tax payers 300 back to spend as they chose.  Who would have thought they would chose to buy hookers and dope (and pay some of their debt off)?  Either way, a failed attempts at stimulating the economy based on the theory that people with more money will buy more stuff.

Here's the difference.  people (with very little expendable income) who use drugs were (probably) more likely to use that money to purchase drugs- but then again, speculation on my part.  Those who were a little smarter probably used the money to cover past debt, others- for who the stimulus was intended-- probably stimulated the economy by buying stuff.

Mean while in lala land...   The rich already have the stuff they need so giving them more does not necessarily stimulate them to buy more.  What they do like to do with their money is invest.  Investments lead to growth, growth lead to more jobs.  Trickle down.  The problem is: if they invest overseas rather than locally.  Overseas investment results in loss of revenue (other than to the investor) locally so no trickle down is felt.  That does not mean its not occurring, it's just not happening locally.
 
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