Politics
Allan H
Could that be because of the near total collapse of the national
economy, the loss of 40% of the middle class wealth, the attacks on
women, workers, elderly by the GOP since the late 80's?
>==============================================
THE BUSH ECONOMIC DISASTER
Perhaps it is a little unfair to George W. Bush to name it that,
perhaps a more accurate term would be the Reagan/Bush Economic
Disaster. Though the damage all came to a head this day one year ago,
it was set in place by the bill of goods sold to the American People
by smooth talking right wing pitch man Ronald Reagan in 1980.
Reaganomics once refereed to as "voodoo economics" by George H. W.
Bush was put in place that eventually lead to the disaster of last
year.
The Republicans sold the American people on a concept that if you take
away all regulations, all responsibility and all oversight, the market
will protect us naturally. That if you make the rich wealthier, the
benefits will trickle down to the rest of the nation. What happened
instead is the rich did indeed get richer. Meanwhile the numbers of
the poor increased, and the middle class shrunk. For the first time in
our nations history average incomes went down yet the wealth of he
nation was concentrated in fewer and fewer people's pockets. To
further complete the redistribution of wealth, those who's greed and
irresponsible behavior got rich, also were given tax breaks. The
burden increased again on the poor and middle class.
Then came George W. Bush. Not only did he continue the Reaganomics
policies but added to them. He passed laws to protect credit card
companies from its own customers allowing them unfettered control over
interest rates, fees and collections. The Bush Administration then
took away the teeth of the bankruptcy protection laws making it harder
for the middle class who came upon hard times to recover. Then the
death blow, George W Bush and a Republican Congress for 6 out of his 8
years in office took our budget from a surplus to a 17 trillion
deficit. Throwing away money on a war of choice, and more tax cuts for
the wealthy again leaving 95% of Americans behind.
Jobs left, opportunity left, false wealth exploded, risk exploded,
oversight and regulation was non existent. And as always happens
sooner or later when irresponsible behavior rules it came time to pay
the piper. So one year ago that was clearly evident to all with the
collapse of Lehman Brothers. \line\line So what has happened in the
year since. Well good news and bad news. George W. Bush is out of
office and our new President Barack Obama, took quick and decisive
action to stop the bleeding. Many banks were saved, The stock market
had recovered 50% of its losses since last September. The amount of
job loss has been reduced. An auto industry who's collapse would have
cost millions more jobs was averted. Home sales are up, home values
are up. Cash for Clunkers gave a huge shot in the arm to the auto
industry. Finally the middle class got a tax cut.
But now the bad news. The lack of rules and oversight left over from
the Reagan/Bush economic voodoo has not been corrected. Though we put
some oil in the car to prevent the blowing of the engine at the last
minute, we continue to drive and treat the engine the same way which
will lead to another disaster sooner or later. No new regulations have
been implemented, no major change in oversight, and the wealth is even
more consolidated then before. In fact 3 of every $10 invested in
banks or securities in this nation are held in one of 4 very large,
very risky institutions.
(
Life is for moral, ethical and truthful living.
rigsy03
are not going to be tricked into spending until they find out what's
going to happen to taxes, inflation, Europe, the Muddle East, oil,
crops>dust bowl?, etc.//Really Allan, the blame game of the extreme
fringes of Reps and Dems is pathetic.
Allan H
Rigsy I did not write the piece.... I was looking at the different political groups.. this showed up with a note that it was not to be archived thought it was interesting so I passed it on.
The problem wit your blame game theory is all the piece did was put the blame where it belonged..
Yes Rigsy.. tricked into spending,, well let us then look at a very recent times,, like the Iraq war.. the American people were "TRICKED" into it buy the political parties they were lied to about the chemical weapons and the nuclear weapons,,
What you are saying is the American people jumped into this war and the cost of trillions of Dollars well over a 1/3 million needless deaths.. Get real Rigsy and take off the blinders,, The American People were conned by slick talking hucksters and are trying to be set up again by another slick talking Huckster..
Allan
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rigsy03
religion= an endless loop. Besides, either party in the USA is more
alike than different in a real sense of impact upon the individual-
for instance, waste, debt and extraction of taxes plus snarl of
controls and regulations. Consider that most immigrants came to
America for a chance to do what was impossible in their ancestral
homeland- own property/business and construct a new social order based
on wealth rather than aristocratic ancestry, however they tried to
emulate the aristocrats in life style and a closed "400"- now
shattered by celebrities/nouveau riche. Not sure we really own
anything anymore- free and clear- as taxes resemble rent rather than
ownership. Larry Sommers (sp?) now proposes equality of opportunity
but says little about sweat and talent- nothing new as America was
founded on the principle of opportunity, wasn't it? Or did it morph
into opportunism which must be corrected?
On Jul 29, 12:54 am, Allan H <allanh1...@gmail.com> wrote:
> Rigsy I did not write the piece.... I was looking at the different
> political groups.. this showed up with a note that it was not to be
> archived thought it was interesting so I passed it on.
>
> The problem wit your blame game theory is all the piece did was put the
> blame where it belonged..
>
> Yes Rigsy.. tricked into spending,, well let us then look at a very
> recent times,, like the Iraq war.. the American people were "TRICKED" into
> it buy the political parties they were lied to about the chemical weapons
> and the nuclear weapons,,
>
> What you are saying is the American people jumped into this war and the
> cost of trillions of Dollars well over a 1/3 million needless deaths.. Get
> real Rigsy and take off the blinders,, The American People were conned by
> slick talking hucksters and are trying to be set up again by another slick
> talking Huckster..
> Allan
>
> - Show quoted text -
Lee Douglas
Gabriele Thiede
Haha, whereas we in Germany find your election system – the winner takes it all – very American.
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Allan H
--
rigsy03
Turkey's getting feisty re Syria which will pull in Iran.
Allan H
Let me know when you read the european news ,, not the american version of it either,, there s a big difference. oh yes I forgot Romney s your hero..
Allan
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archytas
Killing and Borgen present politics much as we find our own. I agree
with rigsy, though I think the loops involved are like the ones in
Garageband - you can junk these together to make tunes. Some fit
together, others sound awful. In politics you have to choose the
loops that harmonise with your party. All the loops are old and
unoriginal.
0.001% (approximately 92,000 people own most of the world. If we had
politics we'd be looking for another money system. Money has a half-
life in the radioactivity sense. If you stuff it in a mattress, most
of it will have decayed in 20 years. The investments we can make now
are such as a guaranteed small loss on German bonds as against quicker
losses in derivatives. Politics rarely gets deep enough to make
sensible points. One is for or against, say, nuclear power - but we
never hear liquid thorium reactors mentioned despite there being loads
more of the stuff than uranium and he reaction route being safer, not
producing weapons or mega-lasting waste.
Winner takes all in the UK gives us the choice between Thatcher or
Thatcher in drag (Blair and Cameron) - odd anomalies appear like Brown
who I suspect sold our gold reserves to gain influence with the
banksters and become head of the World Bank.
On Jul 31, 1:54 pm, Allan H <allanh1...@gmail.com> wrote:
> Let me know when you read the european news ,, not the american version of
> it either,, there s a big difference. oh yes I forgot Romney s your hero..
> Allan
rigsy03
conservative-progressive. Is that combo possible? Probably not.
After seeing a recent film of "Brideshead Revisited"- Evelyn Waugh, I
just finished reading his bio on Wikipedia. Now there is an
interesting combustion of tunes!
I like watching Poirot-Agatha Christie as it reminds me of the
vestiges of the '30's/parents but then I missed the program on the
Barnes Collection in Philadelphia with just a brief view of an
outstanding collection- built from the wealth of an early cure for a
std. Life is astonishing! Anyway there are some shots of the art on
the Wikipedia site. Maybe the entire collection is published by now as
I doubt life includes a trip to Philadelphia which scared two of my
children so would probably paralyse me (they were not used to flash
gangs).
Back to politics- I think I am worried Obama will not get elected and
the country will erupt.
>
> read more »- Hide quoted text -
Allan H
Don Johnson
Obama will win after various Oct. surprises in his favor and a few
recounts in swing states. Conservatives, dominated by Tea Party
wannabes will take over the Senate and stop the bleeding. Obama will
be forced, due to Armageddon type consequences if he doesn't, to yet
again extend the Bush tax cuts. He will sign the bill making it so
complaining all the while that he simply has to to get anything done
with those diabolical Republicans etc. etc. Whew, all that
prognosticating makes my brain hurt. As long as conservatives have
control of Congress I don't think Obama will be able to do much more
damage except in naming Judges but I think motivated individuals in
Congress will stop any nominees he may try to slip in. The so-called
"Progressives" reign in terror started by Nancy Pelosi and company
will come to a blessed end.
I have no love for Romney. He would have been a distant third on my
list as a choice from the men who were running but money still means
something in running a campaign and he's got that over just about
everybody else. the only thing that would perk me up and get me
interested again is if he picks Marco Rubio for the job. I seriously
doubt it though. Rubio outstrips Romney in personality, guts and
tenacity and his zeal for public service is outstanding. Romney is
stiff and risk adverse. Boring. Far too namby pamby for my tastes. I
believe Romney is smart enough to not want to be overshadowed by his
much more interesting vp so will pick somebody like Pawlenty instead.
What a shame.
Unfortunately Obama has been quite successful in dividing the county
over class. Too many people in this country distrust, dislike or
outright hate the rich. Romney is rich. Nevermind how successful he's
been or all the experience he has in turning losing companies around
and getting rid of bad ones. Nope, I think the People will get another
four years of "seeing what's in" Obamacare to figure out what a
trainwreck that sloppy piece of legislation really is. Let's see how
Obama explains another 2 or 3 years of lack luster "recovery" in his
second term. He'll blame Congress, of course. That's what he does best
unless he's blaming Bush. I wonder how many "the Buck Stops Here" name
plates he received since taking the top job in the White House?
Doesn't seem to be taking the hint yet...
Rigsy is correct in that there has been little difference between the
two parties in substance for quite some time now. I hope Tea Party
influence can start to change this. We must starve the beast. Stop
giving Congress so much money to waste. Force perfectly healthy and
capable people to go back to work and stop mooching off the rest of
us.
dj
PS: By the way, we have a rover on Mars. NASA's last Hurrah made
through the seven seconds of terror safely.
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