Capitalism for me. Socialism for the masses. --TOTUS
Posted on 11/06/2010 1:42:53 PM PDT by Huskrrrr
I always wonder if the guys writing this stuff really believe it. I suspect they don’t but you never can tell.
I”m so proud of myself. I identified this article as a NYT crap from the headline alone, before I even clicked onto the thread.
That’s pathetic. NYT = California
Capitalism for me. Socialism for the masses. --TOTUS
Keep your powder dry. THAT, my folks, is the bottom line. Little else will matter, real soon.
Do you REALLY think everything will be “status quo” until January?
Reduced to satire?? I thought everything they published WAS satire. Y'know...kind of like "The Onion", but with fancier print. Or maybe "MAD" magazine. It certainly bears the same relationship to the actual facts of any issue.
I actually believe that things would be much much worse if Hillary had won the nomination in 2008.
The only person who would have done us all a bigger favor than Obama was that absolute lunatic Howard Dean.
If the Clintons had gotten in again, we'd all be completely screwed for a way lot more than this 4 year travail that we currently find ourselves in.
He showed us all their way, and Americans are not interested in this “Preview of coming attractions.”
Sometimes medicine tastes bad, but down the road we are all going to feel a whole lot better because this Zero fellow is such a complete (albeit audacious) imbecile.
I don’t know about capitalism but I think it’s not too far off the mark to say that Obama saved the Republican Party.
So let me get this right.
First, GM gets a bailout. I understand it was “working capital”. They restructure, do not fix underlying problems, and are going to be sold back on the open market making government a profit. At the same time, were not all existing shareholders and bondholders downright screwed? They’re the same GM slimmed down with the same disease. So, 5 or 10 years from now, when the same company implodes again, will Obama get praise or blame? Also, this is good ... solving a problem with band aids?
Second, where can I see results of the near $800B USD stimulus that was guaranteed to keep unemployment below 8%? What did this do, exactly? Steve Job’s brother “Shovel Ready” isn’t exactly busy.
Third, what did Obama do differently than what Bush did with the bank bailout (i.e. TARP, right?). From what I gather, there was an effort, by Democrats mind you, to spend that money after the banks didn’t need as much as was authorized. Overall, that whole “bailout” has been repaid for the most part (again, from what I understand). Would have Obama requested that TARP be paid back?
Finally, yeah, the Dow and Nasdaq snapped back shortly after Obama was inaugurated. Using this logic, can I now solely blame Bill Clinton for all of the loss on the Nasdaq through 2000 and not George Bush???
Can someone please correct me if I am wrong? If I am not wrong, can I please get a job with the NYT writing garbage for money? Heck, using some posts here on Free Republic today, I think I can save the Fed a few bucks and print it myself as their printers are obviously extremely busy with QE!
Hid did save capitalism... by exposing the alternative.
“Of course, nobody gets credit for preventing a plane crash.”
Pure rubbish. The Dims keep saying this because they know that their base and the drones will never question their lack of critical thinking. No one can ever test this hypothesis, so the Dims will always say it could have been worse. If I drive to work every day (unlike many Dims) for years and years under all sorts of conditions and I don’t get into a car accident, should I get a medal?
This refrain of “saving capitalism” has been made before. FDR said the same thing during the Depression. And sadly, Bush 2 said it when he authorized TARP.
Egan is a Statist fool, who know about as much about economics as he dies fornication. The article is absurd and should be but in the comedy section. But what is really sad is the readers who agree with him.
Egan is a Statist fool, who know about as much about economics as he does about fornication. The article is absurd and should be but in the comedy section. But what is really sad is the readers who agree with him.
Answers are on the way.
House Monetary Policy Panel Is About to be Totally Revolutionized
CNBC | 11-5-10 ----FR Posted Nov 06 by My Favorite Headache
Odds are you haven’t heard of the monetary policy subcommittee. Officially known as the House Subcommittee for Domestic Monetary Policy and Technology, it’s a subdivision of the House Financial Services Committee that has mostly occupied itself with pressing questions of issuing commemorative coins and whether or not to eliminate the penny.
That’s about to change.
Ron Paul, the Republican Congressman from Texas, is the ranking member of the monetary policy subcommittee, and when the next Congress takes over he’ll likely be the chairman of the subcommittee.
And Congressman Paul has some big plans. “I will approach that committee like no one has ever approached it because we’re living in times like no one has ever seen,” Paul said in an interview with NetNet Thursday.
Paul said his first priority will be to open up the books of the Federal Reserve to the American people. “We need to create transparency there. To see what it is they are buying and lending, and who it is they are dealing with,” Paul said.
Paul mentioned that he hoped to use subcommittee hearings to educate the public about the causes of business cycles—which he believes are mainly attributable to monetary manipulation by central bankers. Monetary reform is also on the agenda.
Paul is a noted advocate of the gold standard. “We will have to have monetary reform,” Paul said. “I think those on the other side of this issue are already planning. They are going to try to replace a bad system with an equally bad system.”
Isn’t this paper about to go under? Aren’t their newspapers priced higher than a share of their stock? And we are supposed to take their analysis seriously? Let the NYT save themselves then talk to us about their pretense of a president.
Amazing how liberals are always claiming other liberals (FDR) saved captialism.
Commie martyr sob story, sniff, sniff.
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