of 8 years of GW have been twisted in to the demonetization of middle class and poor workers? How gullible are Americans?
Isn't Interesting That The Failed Trickle Down Economics
- Thread starter thoughtone
- Start date
Does wealth trickle up
Could you provide a link where it does?
Thanks!!!
Yes. doesn't labor create wealth? Why would manufacturing move from the US to China?
source: Abraham Lincoln: The Prairie Years and the War Years pg. 271
"Labor is prior to, and independent of, capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration."
Abraham Lincoln's First Annual Message to Congress, December 3, 1861.
Can you say regulation, incentives and cheap labor. Nice quote!!!
So it can't be done without labor. This is the essence in the difference between the left and the right.
Don't thank me, it was said by the first Republican President. Isn't it amazing how far the republican party has strayed from their roots!
I'll give you that. Which was why the right lost both houses and the White House. Which is why I like Congressman West. No nonsense straight to the point.
I keep saying; when the govt prints money, it only benefits the people who get to use it first!
I keep saying; when the govt prints money, it only benefits the people who get to use it first!
This fiscal crisis occurred when the right, libertarians and near Republicans decided that regulation was the enemy (Glass-Steagall). Unfunded Wars, tax breaks for the wealthy, privatization of everything, allowing companies to use slave labor instead of holding them to US and western standards of labor practices. This is what caused the economic crisis. Don't get it twisted!
This aint even about political parties bruh! Can you elevate your line of thinking? I can list a number of prominent Dems that support the very positions you despise!
Where do you think the money came from to finance the wars of agression?
Where did the money come from to blow up the housing bubble?
Where does the money come from that allows speculators to profit on the misery of others?
Hint:
I'll give you that. Which was why the right lost both houses and the White House. Which is why I like Congressman West. No nonsense straight to the point.
Straight to the point of nonsense and lies. Pick your heroes better, G.Does wealth trickle up? Seriously???? That's the only sustainable way for it to work.
This aint even about political parties bruh! Can you elevate your line of thinking? I can list a number of prominent Dems that support the very positions you despise!
Where do you think the money came from to finance the wars of agression?
Where did the money come from to blow up the housing bubble?
Where does the money come from that allows speculators to profit on the misery of others?
Hint:
I don't think you and thought are even disagreeing on this one, Lamarr. Being of "the Right" or Libertarian doesn't make you a Republican and he did said "near Republicans", a clear (to me) indictment of corporatist Democrats and "Blue Dogs".
Maybe not, I just like to challenge some of his opinions. For instance; his statement about unfunded wars. I'm not familiar with any libertarians who voted to invade Iraq, Is anybody?
Has he ever mentioned the Fed as a possible cause of the crisis?
George Bush admitted that Wall Street "got drunk". My question is where did they get the alcohol?
Hint:
Maybe not, I just like to challenge some of his opinions. For instance; his statement about unfunded wars. I'm not familiar with any libertarians who voted to invade Iraq, Is anybody?
Has he ever mentioned the Fed as a possible cause of the crisis?
George Bush admitted that Wall Street "got drunk". My question is where did they get the alcohol?
Hint:
You will never get me to argument that both parties aren't responsible for the Wall Street scandal.
The hell it is. There are a few corpitists Democrats for sure, but the Republican party is one big corpitists party. Would we be in the financial debacle right now if Al Gore won?
Yes we would & this is why! The playing field was already prepped when Bush stepped into the office. All Bush did was pursue unfunded wars of aggression, depleting even more productive resources. But let me get back to an Al Gore presidency, like I said, the playing field was already prepped. This sh*t was planned 30 yrs ago & everyone should be able to connect the dots to see it
1) NAFTA was set in place to start the de-industrialization of the nation and undermine any efforts by unions to grow their membership. This legislation, signed by Bill Clinton, also denied the ability for the union to expand its influences into other sectors. In fact, It was Al Gore who debated Ross Perot regarding NAFTA, and it was Al Gore who said NAFTA was a very good deal for America! Even though you got a Democrat in office presently, he won't do nothin about NAFTA. How is the American public benefitting from NAFTA anyway?
2) The Repeal of the Glass/Steagall Act, enacted by Bill Clinton in 1999, enabled commercial lenders to underwrite and trade investments, such as Mortgage-backed securities and Collateralized-Debt obligations. We know how that turned out! We got TARP.
3) And lastly, The Commodity Futures Modernization Act of 2000, signed by Bill Clinton, was responsible for the creation of the OTC derivative! Also included in the piece of legislation was the "enron loophole". Yes, Clinton was helpin ol "Kenny-boy" Lay also.
Sh*t was planned Thought, accept it! And all we got now is a false-economy with Bernanke keeping Wall Street drunk, while the people are getting shafted
I think it would have but we wouldn't be stuck in two wars (maybe, just maybe one) and we wouldn't have had the Bush tax cuts all of which created and then exploded the deficit. The financial mess was set up to happen before 2000 and that bomb was going to get somebody.
Can you explain how libertarians were involved with this ? Thanks.
I don't agree. Clinton left us in better shape than in any economy since the early 1970s. The next administration could have used the positive economy to make long term savings plans or do what GW did, cutt capital gains and corporate taxes. Clinton did some wrong things, but he did make some tough choices. Now it's all on President Obama to make right in 2 years what took 8 years to fuck up. Would those on the left please be consistent!
I agree but this crisis was in the makings no matter who was in charge. Gore more than likely wouldn't have pushed for any new financial regulations because they wouldn't have seen them as necessary since everything was moving so smoothly. Without that additional oversight and legislation, there would have been nothing to save Lehman Brothers or AIG from what would happen 7 years later.
Now I get what you are saying, but we also believe in cutting the spending so that debt is not run up. Don't blame us, we have been telling you guys about this for years. Liberal/progressive/Socialist thinkers believe in magic, and magic does not exist. All things have a cost, there is no way around that. THe wealthy are mobile, and can find ways to protect thier possessions, as doing so is a form of self preservation. These schemes are nothing but hustles, and they are shown for being such.
Telling but every time you get into power, you run up huge deficits. So keep your words and put some action behind it.
Maybe it's Republicans who believe in magic. The magic to say "We're fiscally responsible" and hoping no one will notice you're lying.
u lumpin libertarians in with republicans, big difference
I would expect this from Thought but not u Dave
u lumpin libertarians in with republicans, big difference
I would expect this from Thought but not u Dave
I didn't mention Libertarians at all. While there are some Libertarians in Congress most of them identify themselves as Republicans and tow the Republican line when voting.
Such as Ron Paul voting like all the other Republicans to continue subsidies to Big Oil yesterday.
most that I meet are fiscally conservative and feel the constitution should be used to protect the civil liberties of all its citizens. Similar to the way I don't agree with Scott Walker using the heavy-hand of govt. to advance his agenda, nor do I agree with a mandate on people to pay for healthcare.
Honestly, I've never seen a vote where Ron wanted to raise the tax on anyone. In all fairness, he wants to abolish the income tax for people, which would help me out a great deal.
u lumpin libertarians in with republicans, big difference
I would expect this from Thought but not u Dave
Which side of the aisle does Ron Paul sit?
Where does Ron Paul stand on Santa Clara County v. Southern Pacific Railroad Company or Buckley v. Valeo? If he sides with corporations having more rights than actual people than that supporting the Constitution rhetoric is just that. Capitalism nor conservatism is not mentioned in the US Constitution. However, the right of the government to raise taxes is!
Wow Thought!
1) he voted against the Patriot Act
2) he voted against FISA
3) he voted against the banker bailouts
4) he voted against TARP
these pieces of legislation, proposed by Bush & supported by Obama, should make you ask what side of the aisle Obama is on.
while both parties are self serving corporate bitchs.. and they are both in the same fuckin orgy...
the democrats tend to be just sluty chicks
the republicans are just nasty infected street whores
the democrats tend to be just sluty chicks
the republicans are just nasty infected street whores
u lumpin libertarians in with republicans, big difference
I would expect this from Thought but not u Dave
Which side of the aisle does Ron Paul sit?
Answer, Paul is a republican!
So did Bernie Sanders and he is an independent and he supports President Obama. Paul also was for term limits, but he has been in their since the 1980s!
lumpin libertarians in with republicans, big difference
I would expect this from Thought but not u Dave
To re-asked the question above, name a libertarian in congress that is not a republican.
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The platform of the republican party is pure corporatist. The platform for the democratic party is a populous. Their are corporate bitches in the Democratic party, but they do not represent the ideas of the Democratic party. The corporate bitches in the republican party are following the party line!
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I forgot he said that nonsense.
The "wildly overcompensated" teachers and police. Damn. I guess that's why so many people flock to those jobs.
source: The World's Billionaires
Trickle down, where are the jobs?
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