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Thread: U.s.r.i.p.

  1. #11
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    Re: U.s.r.i.p.

    Quote Originally Posted by tude dog View Post
    The fix is in, seems my country can't get it's act together.

    Bad enough under the George Bush administration for various reasons the housing market ballooned out of any sense of reason, economy crashes.

    Enter Barak Obama.

    Ideologically driven, that guy, Obama, ignores the basic concepts of a market driven economy. It is no surprise considering his past experience didn't include work, but was a community activist.

    Trillions of dollars later, he just doesn't get it, or care. His goal is not to strengthen our country, but to impose an unsustainable utopia of his dreams.

    Yup, we are on the downhill side.
    To prove my point. Lets go piece by piece.

    You said "Obama, ignores the basic concepts of a market driven economy."

    Okay, exactly which basic concepts has Obama ignored? Specific examples please, along with what you think should have been done.

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    Re: U.s.r.i.p.

    He can't. Just hates the guy whatever he does.

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    Re: U.s.r.i.p.

    Quote Originally Posted by AnneBoleyn View Post
    He can't. Just hates the guy whatever he does.
    I guess he assumes Obama must have lived on MLK Blvd at some point of his life.

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    Re: U.s.r.i.p.

    Quote Originally Posted by Ahso! View Post
    I guess he assumes Obama must have lived on MLK Blvd at some point of his life.
    Well then he'd be wrong, wouldn't he? I assume like most people he knows Obama led a middle-class life in Hawaii & elsewhere.

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    Re: U.s.r.i.p.

    Ahso! you're awfully good at contests, why don't you think of another one we could all play & enjoy instead of going on one of your silliness rampages?

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    Re: U.s.r.i.p.

    Quote Originally Posted by AnneBoleyn View Post
    Ahso! you're awfully good at contests, why don't you think of another one we could all play & enjoy instead of going on one of your silliness rampages?
    Why, so you can then lecture people on what music they should like?

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    Re: U.s.r.i.p.

    Quote Originally Posted by Ahso! View Post
    Why, so you can then lecture people on what music they should like?
    Okay, I love Led Zep a bit too much! I hang my head in shame!

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    Re: U.s.r.i.p.

    Now that you've given TD plenty of cover, he's got excuses to not engage. Why do you constantly do stuff like that, Anne? Control issues?

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    Re: U.s.r.i.p.

    Quote Originally Posted by tude dog View Post
    The fix is in, seems my country can't get it's act together.

    Bad enough under the George Bush administration for various reasons the housing market ballooned out of any sense of reason, economy crashes.

    Enter Barak Obama.

    Ideologically driven, that guy, Obama, ignores the basic concepts of a market driven economy. It is no surprise considering his past experience didn't include work, but was a community activist.

    Trillions of dollars later, he just doesn't get it, or care. His goal is not to strengthen our country, but to impose an unsustainable utopia of his dreams.

    Yup, we are on the downhill side.
    Maybe you should go back to basics yourself there are someone things that are too important to be left to the market economy. In particular, education, health and infrastructure. You really should not believe the crap put about by the right wing in america. You need a ell educated healthy workforce for industry to be successful, you also need well paid workers that can buy the stuff that is manufactured. Your big companies shifted everything abroad so they could make and import it cheaply but they forget they need people who can afford to buy the stuff. Your healthcare system is a private cartel that has been able to do as it wishes.

    You need regulation to prevent the growth of monopolies and cartels nd to stop companies abusing theior power - Monopolies and cartels are anti-capitalist and destroy the economies in which they are based - yet in america you have politicians that actively protect them. That's one of the reasons why you're up **** creek. Sadly we are as well ironic since it was us that gave the world capitalism and socialism - the two work best together but you can;t even have a rational debate about it (not you personally I am speaking generally about anericans who seem to choke on the word socialist even although they don't understand what it is) Adam Smith inspired socialists as well as capitalist did you know that?

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    Re: U.s.r.i.p.

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    Quote Originally Posted by Arena View Post
    I can assure you of two things
    I am not a Captain
    It is not in my dreams.

    If and when you get to understand The Chosen One, you will realize that I use these odd salutations as a sort of "term of endearment."

    However if itís your choice then ... (Jj rips off Captain Arenaís epaulettes and demotes the member the rank of sergeant!)

    Well sarge ...

    Appearances can often be deceiving. Iím not an economist but I am intelligent and I can read, write and think. The economic downturn and political upheaval around the globe has seemingly made China appear to be a stable market. However in my opinion, even though at the moment economic growth there is high, it will not continue much longer.

    In reality the Chinese economy is now far more in debt than most other immerging market economies. Much of this debt has been made by state owned companies and local governments. But bad debts made by these borrowers are not recognized on the balance sheets of Chinese banks as they are ordered by the state to roll these loans over.

    These "hidden" bad debts are conservatively estimated to be about 15% of GDP which technically means that the Chinese banking system is probably insolvent.


    So these firms who are only kept solvent by bank loans will have to be shut down sooner or later. China looks good right now but in the next two or three years their deficiencies will be exposed and growth will be very much slower. When ever risks are taken, a payback day has to eventually dawn.

    The People's Republic of Chinaís bubble will burst sooner rather than later.


    As for India (love the name and I have used it in my latest novel as the name for one of the women characters), a la Nero, they fiddle while their country burns. They look to space, Mars at the moment, for whatever reason while they have a gazillion gazillion people who live in total squalor. India launched its first Mars-bound spacecraft at the cost of 45 million GBP while the UK taxpayers shipped out 280 million GBP to them in "aid" last year.

    The average wage in India varies from 118 rupees ($2.18) to 185 rupees ($3.40) per day. That is unless you an "Untouchable", (Dalit) then the caste system comes into play and you lucky if you earn even half as much as this.

    Yeah right ...China and India are gonna like out do the USA soon.

    Maybe, but I'd rather spend the rest of my days in the good old US of A rather than in either China or India if I had the chance.

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