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RE: GNP/GDP and other questions and references - 1/4/2014 5:58:59 PM   
MrRodgers


Posts: 10542
Joined: 7/30/2005
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quote:

ORIGINAL: DesideriScuri

quote:

ORIGINAL: Phydeaux
quote:

ORIGINAL: mnottertail
Well, no, because there is no inflation at present, we are propping up banks and large corporations at the expense of all the american people, its that fuckin freemarket asswipe, as it really happens in the real world throughout recorded history.
All the while we let them take our money overseas, or offshore.
It is the largest wealth transference in the history of the world, and we have had some whoppers of our wealth transference to these guys since the founding of the republican party. Although, they tried to make up for some of it in the old days.  Now, they are freemarketers.

Mnotter - only you would argue that government intervention into the debt and liquidity markets is freemarketers.
Government intervention caused the debt bubble. Its distorting the markets again.
This has nothing to do with free marketers or conservatives. This is the obama administration protecting a bunch of dimocrat donors.
After the Savings & loan scandals (again significantly government caused) 1700 people went to jail. Widely viewed as republican supports.
After this housing bubble....no one has gone to jail.
And we're still shoveling them money.


As it pertains just to this last bubble/bust, it's not just the Obama Administration that is protecting donors, and it's not just Democrat donors being protected.


Oh Absolutely. This has been a bipartisan affair since the 50's. The dems have just tried to load on top something for everybody that's not getting rich since LBJ. The right accommodates their constituency. That's why we are now going broke...can't afford to make everybody happy.

(in reply to DesideriScuri)
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