You hate America.
You want more of the ruin that "The Acting President" brought to
America!
============================
December 14, 2009
Op-Ed Columnist
Disaster and Denial
By PAUL KRUGMAN
When I first began writing for The Times, I was na�ve about many
things. But my biggest misconception was this: I actually believed
that influential people could be moved by evidence, that they would
change their views if events completely refuted their beliefs.
And to be fair, it does happen now and then. I've been highly critical
of Alan Greenspan over the years (since long before it was
fashionable), but give the former Fed chairman credit: he has admitted
that he was wrong about the ability of financial markets to police
themselves.
But he's a rare case. Just how rare was demonstrated by what happened
last Friday in the House of Representatives, when - with the meltdown
caused by a runaway financial system still fresh in our minds, and the
mass unemployment that meltdown caused still very much in evidence -
every single Republican and 27 Democrats voted against a quite modest
effort to rein in Wall Street excesses.
Let's recall how we got into our current mess.
America emerged from the Great Depression with a tightly regulated
banking system. The regulations worked: the nation was spared major
financial crises for almost four decades after World War II. But as
the memory of the Depression faded, bankers began to chafe at the
restrictions they faced. And politicians, increasingly under the
influence of free-market ideology, showed a growing willingness to
give bankers what they wanted.
The first big wave of deregulation took place under Ronald Reagan -
and quickly led to disaster, in the form of the savings-and-loan
crisis of the 1980s. Taxpayers ended up paying more than 2 percent of
G.D.P., the equivalent of around $300 billion today, to clean up the
mess.
But the proponents of deregulation were undaunted, and in the decade
leading up to the current crisis politicians in both parties bought
into the notion that New Deal-era restrictions on bankers were nothing
but pointless red tape. In a memorable 2003 incident, top bank
regulators staged a photo-op in which they used garden shears and a
chainsaw to cut up stacks of paper representing regulations.
And the bankers - liberated both by legislation that removed
traditional restrictions and by the hands-off attitude of regulators
who didn't believe in regulation - responded by dramatically loosening
lending standards. The result was a credit boom and a monstrous real
estate bubble, followed by the worst economic slump since the Great
Depression. Ironically, the effort to contain the crisis required
government intervention on a much larger scale than would have been
needed to prevent the crisis in the first place: government rescues of
troubled institutions, large-scale lending by the Federal Reserve to
the private sector, and so on.
Given this history, you might have expected the emergence of a
national consensus in favor of restoring more-effective financial
regulation, so as to avoid a repeat performance. But you would have
been wrong.
Talk to conservatives about the financial crisis and you enter an
alternative, bizarro universe in which government bureaucrats, not
greedy bankers, caused the meltdown. It's a universe in which
government-sponsored lending agencies triggered the crisis, even
though private lenders actually made the vast majority of subprime
loans. It's a universe in which regulators coerced bankers into making
loans to unqualified borrowers, even though only one of the top 25
subprime lenders was subject to the regulations in question.
Oh, and conservatives simply ignore the catastrophe in commercial real
estate: in their universe the only bad loans were those made to poor
people and members of minority groups, because bad loans to developers
of shopping malls and office towers don't fit the narrative.
In part, the prevalence of this narrative reflects the principle
enunciated by Upton Sinclair: "It is difficult to get a man to
understand something when his salary depends on his not understanding
it." As Democrats have pointed out, three days before the House vote
on banking reform Republican leaders met with more than 100
financial-industry lobbyists to coordinate strategies. But it also
reflects the extent to which the modern Republican Party is committed
to a bankrupt ideology, one that won't let it face up to the reality
of what happened to the U.S. economy.
So it's up to the Democrats - and more specifically, since the House
has passed its bill, it's up to "centrist" Democrats in the Senate.
Are they willing to learn something from the disaster that has
overtaken the U.S. economy, and get behind financial reform?
Let's hope so. For one thing is clear: if politicians refuse to learn
from the history of the recent financial crisis, they will condemn all
of us to repeat it.
Krugman !!?? ROTHGDFLMMFAO !!! How can that damned fool type on a word
processor while wearing a straightjacket ?? LMMFAO !!
Btw,sid. Tell us what your Messiah has done to "improve" the economy
and where are the results?
The economy has improved.. if only superficially.
It, at least is not in total freefall as was the case under Junior the
Neocon Globalist Destroyer.
PS:
"Sarah, if the American people had ever known the truth about what we
Bushes have done to this nation, we would be chased down in the
streets and lynched."
George Bush Senior speaking in an interview with
Sarah McClendon in December 1992
From Krugman's column above:
"... The first big wave of deregulation took place under Ronald
Reagan -
and quickly led to disaster, in the form of the savings-and-loan
crisis of the 1980s. Taxpayers ended up paying more than 2 percent of
G.D.P., the equivalent of around $300 billion today, to clean up the
mess...."
=======================
Manufacturing is up.
Our Trade deficit is down.
Stock market has been on a steady rise indicating confidence in the
future
Banks are starting to repay to the bailout money.
New unemployment figures are shrinking
We have backed away from the edge of the cliff
Two American auto manufacturers and their jobs have been saved.
Requests for extension of unemployment benefits are down.
Economists predicted employment will be up in the first quarter of
2010.
The fact that one detests Barrack Obama does not mean that he "hates
America.
He loves the damage Republicans Reagan, HW BUsh, and bush,jr, the
incompetent did to America.
Therefore he hates America and Americans.
Well, as you "detest" Obama only because you disagree with his
policies (OTOH, there aren't many that differ from Bush's) and said
policies aren't starting wars and more spying on citizens....one
wonders at your thinking that justifies "detesting".
That McCain lost is insufficient reason to detest Obama. Well, except
for those who hate America. Why? Because if you loved America, you'd
be against his policies, but not hate the man. Okay, that's too subtle
an argument for you. Never mind.
•• Poor little Sidney, he still hasn't
advanced past junior high social studies.
Carter came in and immediately started
dismantling the nation he destroyed our
military, scuttled the Shah, severely hurt
our economy and created a new epithet-
"stagflation" - The economy was
stagnant and inflation rampant. He out
an out refused to relax the quotas on
peanuts just to protect his farm which
was broke. Net result prices of all
processd foods and confectionery
doubled. ie a 16 oz candy bar @ 16¢
became a 12oz bar @ 25¢. To pay the
bills Carter issued the biggest bond issue;
10 of 10 - 30 year bonds, staggering 10%
interest due in 2010. Yhen there was the
"Community Reinvestment Act— the
beginning of the current housing crisis.
Reagan when first elected, he got the
hostages out of Iran. Then he called all
those 10% bonds and replaced them with
5% issues. I know - I was there.
•• No little sid - fascists never learn and
without doubt sid you espouse all fascist
enterprises so ...
•• Fascist Presidents of the United States
Woodrow Wilson
FD Roosevelt
JF Kennedy
JE Carter
WJ Clinton
BHM Obama the Muslim Brotherhood's electee
Obama is down with Bush's and then has more Socialist plans of his own.
The truth is that the men in question did no more "damage" to the USA,
than did Carter, Clinton and Obama, and probably did less.
28 years wasted since Reagan reversed it all.
That alone would be enough.
Reagan started Americans on a deregulation path that resulted in a
near collapse of proportion greater than 1929
bush,jr's war based on lies in Iraq, bush,jr's failure to fund his
wars...financially irresponsible
Neither Carter nor Clinton, nor Obama ever did anything like this.
Worse yet, Clinton handed bush,jr a nation that was prosperous, had
full employment, was at peace, and was respected world wide.
The came the second worst president in American history after Reagan,
bush,jr.
PS...Limbo was near hysteria today because things are doing so well.
YEP I remember the "wear two sweaters" campaign Carter had going.
That was almost as good as the Obama "inflate your tires" to save gas
campaign.
Two Peas in a really stupid Pod.
--
*BE VERY CONCERNED*
Winston Churchill said, "truth is incontrovertible, ignorance can deride
it, panic may resent it, malice may destroy it, but there it is."
Interestingly enough. my memory of these events is quite different from
yours.
> Neither Carter nor Clinton, nor Obama ever did anything like this.
> Worse yet, Clinton handed bush,jr a nation that was prosperous, had
> full employment, was at peace, and was respected world wide.
The US is still well respect in the world, even though Obama is doing
his dead level best to destroy that respect. The USA has been the most
prosperous nation in the world for many years. All Clinton did was to
take credit for something he had no control over.
> The came the second worst president in American history after Reagan,
> bush,jr.
As I said, your memories of events are quite different from mine. In
fact I bet you still believe that Bush stole two elections, right?
You might try Aricept
>
>> Neither Carter nor Clinton, nor Obama ever did anything like this.
>
>> Worse yet, Clinton handed bush,jr a nation that was prosperous, had
>> full employment, was at peace, and was respected world wide.
>
> The US is still well respect in the world, even though Obama is
> doing his dead level best to destroy that respect. The USA has been
> the most prosperous nation in the world for many years. All Clinton
> did was to take credit for something he had no control over.
>
>> The came the second worst president in American history after
>> Reagan, bush,jr.
>
> As I said, your memories of events are quite different from mine. In
> fact I bet you still believe that Bush stole two elections, right?
Again...try Aricept.
No. I believe JEB and Katherine Harris stole one election.
bush,jr is not capable of anything. He's a life long loser.
The last budget submitted by the Republicans was 187 billion dollars.
Now it's ten times that number.
Are you better off now than you were three years ago?
> Sid9 wrote:
>> "David Hartung" <d_ha...@hotmail.com> wrote in message
>> news:4b26c07b$0$5354$bbae...@news.suddenlink.net...
>>> Sid9 wrote:
>>>> "David Hartung" <d_ha...@hotmail.com> wrote in message
>>>> news:4b2689f8$0$5358$bbae...@news.suddenlink.net...
>>>>> Sid9 wrote:
>>>>>> "BTMarino" <betty...@gmail.com> wrote in message
>>>>>> news:e2c51d77-af03-4b33...@c34g2000yqn.googlegroups
>>>>>> .com...
>>>>>>> http://www.rasmussenreports.com/public_content/politics/obama_adm
>>>>>>> inistration/daily_presidential_tracking_poll looks like liberals
Despite Reagan turning the US from the leading creditor
nation to the leading debtor nation.
> All Clinton did was to
> take credit for something he had no control over.
>
Kinda like Reagan claim he destroyed communism.
Communism is like a weed, kill it on one side of the yard and it will
come up on the other.
> On 12/14/2009 9:58 PM, Mitchell Holman wrote:
>> David Hartung <d_ha...@hotmail.com> wrote in
>> news:4b26c4db$0$5348$bbae...@news.suddenlink.net:
>>
>>> Sid9 wrote:
>>>> "David Hartung" <d_ha...@hotmail.com> wrote in message
>>>> news:4b26c07b$0$5354$bbae...@news.suddenlink.net...
>>>>> Sid9 wrote:
>>>>>> "David Hartung" <d_ha...@hotmail.com> wrote in message
>>>>>> news:4b2689f8$0$5358$bbae...@news.suddenlink.net...
>>>>>>> Sid9 wrote:
>>>>>>>> "BTMarino" <betty...@gmail.com> wrote in message
>>>>>>>> news:e2c51d77-af03-4b33-9e26-
a02c0f...@c34g2000yqn.googlegroups
Kinda like Pedophile Priests.
RRRs need to stand Communism up as a strawman they can shoot down
every day.
What would Limbo scream about every day..Socialism?
You embarass America.
On Wed, 23 Jul 2008 14:05:44 -0400, "Sid9" <si...@bellsouth.net> wrote:
>"Patriot Games" <Pat...@America.Com> wrote in message
>news:omqe849s7oej7p2qp...@4ax.com...
>> Please explain why we should ANNOUNCE to the ENEMY precisely WHEN it
>> will be SAFE FOR THEM to murder innocent civilians?
>There are no "innocent civilians" in Iraq.
>Each of them belongs to a religious sect or tribe and they are all heavily
>armed.
>There are no "innocent civilians" in Iraq.
Noted.
Just like stupidity.
Yes, Krugman, a Nobel Prize winner and one of the most distinguished and
knowledgeable economists in the world. You morons approach economics
the same way that you approach science: with your heads firmly
implanted in your asses.
Ronald Reagan
George W. Bush
Fascism is a form of right-wing authoritarianism, you fucking moron.
Political scientist Dr. Lawrence Britt recently wrote an article about
fascism ("Fascism Anyone?," Free Inquiry, Spring 2003, page 20).
Studying the fascist regimes of Hitler (Germany), Mussolini (Italy),
Franco (Spain), Suharto (Indonesia), and Pinochet (Chile), Dr. Britt
found they all had 14 elements in common. He calls these the identifying
characteristics of fascism. The excerpt is in accordance with the
magazine's policy.
The 14 characteristics are:
1.. Powerful and Continuing Nationalism
Fascist regimes tend to make constant use of patriotic mottos,
slogans, symbols, songs, and other paraphernalia. Flags are seen
everywhere, as are flag symbols on clothing and in public displays.
2.. Disdain for the Recognition of Human Rights
Because of fear of enemies and the need for security, the people in
fascist regimes are persuaded that human rights can be ignored in
certain cases because of "need." The people tend to look the other way
or even approve of torture, summary executions, assassinations, long
incarcerations of prisoners, etc.
3.. Identification of Enemies/Scapegoats as a Unifying Cause
The people are rallied into a unifying patriotic frenzy over the need
to eliminate a perceived common threat or foe: racial , ethnic or
religious minorities; liberals; communists; socialists, terrorists, etc.
4.. Supremacy of the Military
Even when there are widespread domestic problems, the military is
given a disproportionate amount of government funding, and the domestic
agenda is neglected. Soldiers and military service are glamorized.
5.. Rampant Sexism
The governments of fascist nations tend to be almost exclusively
male-dominated. Under fascist regimes, traditional gender roles are made
more rigid. Opposition to abortion is high, as is homophobia and
anti-gay legislation and national policy.
6.. Controlled Mass Media
Sometimes to media is directly controlled by the government, but in
other cases, the media is indirectly controlled by government
regulation, or sympathetic media spokespeople and executives.
Censorship, especially in war time, is very common.
7.. Obsession with National Security
Fear is used as a motivational tool by the government over the masses.
8.. Religion and Government are Intertwined
Governments in fascist nations tend to use the most common religion in
the nation as a tool to manipulate public opinion. Religious rhetoric
and terminology is common from government leaders, even when the major
tenets of the religion are diametrically opposed to the government's
policies or actions.
9.. Corporate Power is Protected
The industrial and business aristocracy of a fascist nation often are
the ones who put the government leaders into power, creating a mutually
beneficial business/government relationship and power elite.
10.. Labor Power is Suppressed
Because the organizing power of labor is the only real threat to a
fascist government, labor unions are either eliminated entirely, or are
severely suppressed .
11.. Disdain for Intellectuals and the Arts
Fascist nations tend to promote and tolerate open hostility to higher
education, and academia. It is not uncommon for professors and other
academics to be censored or even arrested. Free expression in the arts
is openly attacked, and governments often refuse to fund the arts.
12.. Obsession with Crime and Punishment
Under fascist regimes, the police are given almost limitless power to
enforce laws. The people are often willing to overlook police abuses and
even forego civil liberties in the name of patriotism. There is often a
national police force with virtually unlimited power in fascist nations.
13.. Rampant Cronyism and Corruption
Fascist regimes almost always are governed by groups of friends and
associates who appoint each other to government positions and use
governmental power and authority to protect their friends from
accountability. It is not uncommon in fascist regimes for national
resources and even treasures to be appropriated or even outright stolen
by government leaders.
14.. Fraudulent Elections
Sometimes elections in fascist nations are a complete sham. Other
times elections are manipulated by smear campaigns against or even
assassination of opposition candidates, use of legislation to control
voting numbers or political district boundaries, and manipulation of the
media. Fascist nations also typically use their judiciaries to
manipulate or control elections.
Copyright � 2003 Free Inquiry magazine
Reprinted for Fair Use Only.
And?
This guy, hoofhe...@yahoo.com, has a new nym on the hour.
He contributes nothing and trolls constantly.
Actually they have the Senate, the House and the White House so I
guess you're wrong, AGAIN!
Are you worse off now than you were a year ago?
They "have" the senate?
Damn, I didn't check the email address. I know who this moron is.
You're right. He's a troll.
The existence of the Tea Baggers is proof enough.
Damn !! You're as big a fucking pinheaded Obomoron as sid FFS !! (hard
to do) Btw,nyms are free for the taking. I get bored with a nym I
change it. You don't like it don't read/respond to my posts,troll.
"straight up"? I guess that's why Obama meets with his bootlicking
sycophants behind closed doors,no (R)s allowed, no cameras allowed, to
try and shove a bill through congress that NONE of them have read,NONE
of them wrote, that'll take over 1/6th of the American economy and 56%
of the people DON'T WANT IT !!?? Is that your idea of "straightup"?????
Control?
Let's assume that the Republicans had won the WH. Do you really think
that the unemployment rate would be signicantly less under a
Republican administration? What could they have done to prevent this
and why have they not been more vocal about their ideas?
Personally I don't think any administration could have done much to
prevent the unemployment rate from skyrocketing. I hear all sorts of
complaints about it but no tangible ideas to fix it.
I see you have memorized all of the RNC talking points. Good for you.
Here's your cookie, now go sit in the corner and keep quiet.
No.
The "organize" the Senate.
Under the present rules it takes 60 votes to "control" the Senate.
Democrats do NOT have 60 votes.
I know it's a fine point for you to absorb, however, if Democrats
"controlled" the Senate we would have had a proper health care bill
months ago.
Dean is right!
Let's try a more complete quote:
(Dean) "This is essentially the collapse of health care reform in
the United States Senate. And, honestly, the best thing to do
right now is kill the Senate bill and go back to the House and
start the reconciliation process, where you only need 51 votes.
And it would be a much simpler bill."
With this procedure the Democrats would "control" the health care
issue.
Dean is right!
Not once in ten years did the Republicans have a filibuster proof
majority in the Senate, but I am willing tg bet that you claimed the
Republicans controlled the Senate.
> I know it's a fine point for you to absorb, however, if Democrats
> "controlled" the Senate we would have had a proper health care bill
> months ago.
The best thing for the government to do, if they truly wish to improve
health care in this country would be for them to butt out.
You'd lose that bet because I never used those terms.
Sen. Sanders spoke of a rational people....the people of Taiwan...when
faced with a health care crisis had a commission investigate how
health care was done in other nations.
The best system they found, and the one they adopted, was modeled
after America's Medicare system.
I have friends who cannot get health insurance at any price, who are
under 65 and have pre-existing conditions.
Private insurance companies are raping America
>
> The best thing for the government to do, if they truly wish to improve
> health care in this country would be for them to butt out.
Tell that to the patients in VA hospitals.
Why to do you hate veterans?
How about lowering taxes on businesses. Lowering a few restrictions by
city,county,state,federal gubmint on small and large business and not
threatening even more restrictions by passing "healthcare" and
"Cap&Tax"?
Btw,how's all that Rope&Chains working out for ya'?
RNC talking points?? And you're hypnotised by MOVEON.org/George Soros
talking points. Now go sit in the corner and eat shit and die.
Private insurance companies are in business to (OOOOHHHHH-NNOOOO)earn
a PROFIT. If they're forced to provide "insurance" to you AIDS
infected fudgepackers they'll go out of business. BUT WAIT !!
SHAZZAMMM !! That's what Obama/Reid want !!! GAARRRRLLEEE !!! I
FIGGERED IT OUT !!!
Where does all your rage come from? Why do you get your knickers in
such a twist. Can you not debate issues with those who disagree with
you without resorting to this sort of thing? I only made the comment I
made to show you how immature it is.
I hope for the sake of the next generation that you have not spawned
any children lest they grow up to be rabid, racist bigots like you.
Usenet sees this sort of childishness from all points of the political
compass.
Racist?? Huh?? Bigot??? HUH-HUH??