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Old 05-05-2010, 08:06 PM   #1
stray kitten
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When socialists go wrong?

Or how about "when socialist spending catches up with reality?
Quote:
ATHENS, Greece — Riots over harsh new austerity measures left three bank workers dead and engulfed the streets of Athens on Wednesday, as angry protesters tried to storm parliament, hurled Molotov cocktails at police and torched buildings. Police responded with barrages of tear gas.
http://www.google.com/hostednews/ap/...Wj5WQD9FGQ3F02

As you can see this was a "peaceful" demonstration of a frustrated society. What does this have to do with socialism you crazy hack? One might ask.

When faced with an over burden of spending and debt the government has no choice but to cut spending and raise taxes. People within this system are so reliant on the government and what it pays out, it affects EVERY aspect of their lives. Their pensions, salaries, subsidies, unions and health care. And they are unwilling to make those changes even when there is no other choice but to default and live with those consequences. In Greece and other places such as Iceland they blame the banks so it's not surprising 3 bankers were murdered in a stair-well within a banking building in Athens Greece. Those who threw the device and those who prevented the fire dept. from entering the building were probably smiling inside.

The government in Greece is far left and the opposition is even further left, marching in tune with the communist manifesto. I think the same would happen here in the USA if the government suddenly stopped funding entitlements in cannot afford. And year after year we as a people expect more and more even when we see the budget forecast. In other countries where one cannot own a firearm, you can make Molotov cocktails and murder people who happen to show up for work that day and aren't motivated by government trade unions. Imagine what will happen here the day reality catches up with policy. MSN and the other partisan news ilk like to paint right wingers as the unstable type right now. This hoard of white bread Angy racist people who are going to cause harm to politicians and riot in the streets when they meet for a town hall or tea party. Somehow stating one is going to run someone out of office has become a physical threat. Don't worry, those precious members your beloved beauracracy are protected by a shield of mercenaries, bullet proof limousines and private jets with military escorts.

Even when faced with lower tax revenue the government adds jobs, increases salaries and cuts programs like park maintenance and outreach programs vs benefits, salaries and pensions. They are new czars, the royalty. And like Greece they severely mismanage tax revenue and power.

Wait until reality catches up in a decade or more and they start cutting programs a large part of society considers a human justice, a human right. Equal to life but unequal to freedom and liberty.

Then we'll see who the crazy fuckers are.
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Old 05-06-2010, 02:07 AM   #2
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It seems to me that we continue to see proven the wisdom that Government that Governs least Governs best. Government that increases it's power and, correspondingly, it burden on it's citizens is a harbinger of collapse.

Frankly I think that the scalpel/machete that should be taken to our own US Federal Gov't to restore it to it's Constitutionally compliant limits would cause similar riots.

Time to modify my forum signature.
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Old 05-06-2010, 03:47 PM   #3
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One thing I find amazing is the government wanting to regulate derivative instruments. Sweeping new regulation to administer and regulate international money that is 20 times our whole economy. TWENTY times. Yet the elected officials of the kingdom can't balance a much less complex financial arrangement. The Federal Budget. Call out thee vile CEO before the court! And publicly admonish them to the good of the partisan people.
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Old 05-11-2010, 12:11 AM   #4
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With last weeks little stock crash, 9 percent of value, Obama is going to investigate this, send in the wolves and make sure it NEVER happens again.

Good luck with that.
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Old 05-12-2010, 01:36 AM   #5
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Quote:
Originally Posted by stray kitten View Post
With last weeks little stock crash, 9 percent of value, Obama is going to investigate this, send in the wolves and make sure it NEVER happens again.

Good luck with that.
Never let a disaster go to waste?

(or words to that effect...can't remember the exact way it was phrased.)
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Old 05-12-2010, 02:25 AM   #6
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That was Rahm Emanuel that said that.
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Old 05-12-2010, 03:38 PM   #7
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I have a suspicion that in a few years New York and London will no longer be the beacons of the world financial markets. It's going to be Singapore or Hong Kong. Same banks and CEOs just working from abroad. Bank of America, Citi and others have already moved a large percentage of their operations from IT - to billing overseas. Almost everyone has...

Whats left... finance. What's under attack.... finance.
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Old 05-12-2010, 05:43 PM   #8
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It won't be Hong Kong, Hong Kong (and China) are completely dependent on the US economy. It will probably be Singapore. They're doing everything right, liberalization of trade and commerce, etc.
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Old 05-12-2010, 05:56 PM   #9
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Quote:
Originally Posted by GenghisTron View Post
It won't be Hong Kong, Hong Kong (and China) are completely dependent on the US economy. It will probably be Singapore. They're doing everything right, liberalization of trade and commerce, etc.
I would tend to agree. While they liberalize we become conservative. Which is ironic given the title of those in charge. Liberal Democrats.
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