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BS: Interesting article on Obama's win
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Subject: BS: Interesting article on Obama's win From: Little Hawk Date: 09 Nov 12 - 10:25 PM This article is from the Globe and Mail, one of Canada's foremost newspapers. The Globe has traditionally been sort of "small c" conservative by Canadian standards (meaning center-left by USA standards), and has always had a stronger emphasis on business than any other newspaper in Canada. Some excerpts from the article: "when the voter breakdown trickled out, we realized that the Democratic incumbent's rather thorough trouncing of Republican rival Mitt Romney was anything but trivial. Instead, it looks like a pivotal moment in U.S. electioneering. The Great Republican con game, which had persuaded millions of Americans to vote against their economic interests since the start of the Reagan era, in 1980, is finally breaking down." "This is bad news for the country's richest 1 per cent, who had benefited enormously from the great warping of the U.S. economy, in which financial capitalism – speculation, to use another term – took precedence over efficient markets dominated by manufacturing. It saw the rigging of tax codes to benefit the rich more than the poor. It saw sweeping deregulation that gave birth to creative financial products, such as collateralized debt obligations, that mere mortals (Warren Buffett among them) could not understand and ultimately turned toxic and biblically destructive." "The election was Mr. Obama's to lose, which makes the Republicans' defeat all the more compelling." "Republicans have spent decades telling Americans that the country can un-tax its way to endless prosperity. It didn't quite work that way. The rich got very rich and the income gap between the wealthy and everyone else widened to obscene proportions. Infrastructure and schools fell apart. Budget deficits exploded in the Bush years and kept rising in the first Obama term, when spending to rescue the economy, financial institutions and the car makers became the necessary economic strategy." Just goes to show how very different the center-conservative viewpoint is in Canada from how it is in the USA, doesn't it? Here's the link to the article: http://www.theglobeandmail.com/report-on-business/obama-win-marks-sharp-break-from-reagan-legacy/article5174807/ |
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Subject: RE: BS: Interesting article on Obama's win From: GUEST,Guest from Sanity Date: 09 Nov 12 - 10:54 PM Interesting, indeed!..but here's the 'Catch-22'...they raise taxes, not to pay down the debt, or even get solvent...they squander it, and rip people off just the same as Bush did, but using different programs..which of course sounds very enticing...to their victims!! GfS |
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Subject: RE: BS: Interesting article on Obama's win From: Little Hawk Date: 09 Nov 12 - 10:59 PM You may be right, GfS. Still, I'm glad to see that the old Reaganite message is not selling as well in the USA as it used to. |
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Subject: RE: BS: Interesting article on Obama's win From: GUEST,Stim Date: 10 Nov 12 - 12:49 AM There's a funny thing about this statement: "the country's richest 1 per cent, who had benefited enormously from the great warping of the U.S. economy" Once you have a certain amount of money(officially estimated at somewhere between $10-15 million), it doesn't really make much difference how much more you get, because you've got enough to buy whatever you want forever. Given that, what is the "enormous benefit"? |
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Subject: RE: BS: Interesting article on Obama's win From: GUEST,Guest from Sanity Date: 10 Nov 12 - 02:30 AM Little Hawk: "You may be right, GfS." (In your best German accent..a la Sgt. Schultz): But of course, Captain! |
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Subject: RE: BS: Interesting article on Obama's win From: Don(Wyziwyg)T Date: 10 Nov 12 - 06:04 AM ""Interesting, indeed!..but here's the 'Catch-22'...they raise taxes, not to pay down the debt, or even get solvent."" Yeah Goofus! They squander it on providing healthcare in a country which has traditionally let one in five of its population go through life without any healthcare, because they are too poor to buy it. Good catch 22?.......Naah! You're just one more selfish "I'm all right Jack", unwilling to pay a few pence to help his fellow man. Don T. |
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Subject: RE: BS: Interesting article on Obama's win From: Greg F. Date: 10 Nov 12 - 09:06 AM the old Reaganite message is not selling as well in the USA as it used to. Oh? Not so's you'd notice. |
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Subject: RE: BS: Interesting article on Obama's win From: sciencegeek Date: 10 Nov 12 - 09:28 AM Stim, reasonable question applied to unreasonable people. Aesop's tale about the dog in the manger is more to the point. greed has no bounds and the thing about the 1 percenters is their sense of entitlement... what's mine's mine and what's yours is negotiable .. whoever dies with the most toys wins. most folks who seek to acquire great wealth are seeking more power and money is how they get it. very covetous individuals who can't be satisfied with what they have. there are those who only want enough "wealth" to be independent and others want enough "wealth" so they can control others... we need a revival of the play Oliver, Charles Dickens was the victim of a greedy society that cared more for amassing wealth than it did for fair treatment of all its members. or TV ads showing the 99 percenters going to the House of Reprentatives, bowl in hand, and asking, please sir could I have some more? |
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Subject: RE: BS: Interesting article on Obama's win From: Stringsinger Date: 10 Nov 12 - 11:19 AM As much as Romney's defeat should be celebrated, Obama is still the product of Wall Street and he is not going to alienate the insurance industry or big pharma. He is not Roosevelt ("I welcome their hatred") and we don't know about his super pacs and donors. Obama also got his money through non-transparent means. He may well have been supported by Wall Street financiers without our knowing about it. |
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Subject: RE: BS: Interesting article on Obama's win From: Ron Davies Date: 10 Nov 12 - 11:39 AM Of course. There must be shadowy forces pulling strings or this is not Mudcat---aka Conspiracies R Us. |
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Subject: RE: BS: Interesting article on Obama's win From: sciencegeek Date: 10 Nov 12 - 11:43 AM both Roosevelts came from old money... Obama was raised by a single mom & grandparent plus being the child of a bi racial marriage... but Obama is the product of Wall St, not Roosevelt?!? in what way did you arrive at that conclusion??? I'm sure the insurance industry embraced having to provide coverage for over 18 kids or pre-existing conditions... give me a break... every every candidate ( including the primary runs) took money... but the guy who doesn't have to run again is ready & able to fight for his ideals |
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Subject: RE: BS: Interesting article on Obama's win From: Bobert Date: 10 Nov 12 - 12:57 PM The GfinS/Republican narrative is that taxing the rich and using it for various programs that helps the working class and poor is somehow, ahhhhh, "taking" form the rich... Here's the flip side... Since Ronald Reagan busted the Air Traffic Controllers Union the federal government has been in cahoots with Boss Hogg and his union busting goons... Bottom line??? Boss Hog is stealing, i.e. *****taking***** people's... ...labor, quality of life, health, standard of living, dignity, etc. etc... That is stealing!!! No two ways about it... These rich people should be ashamed to have the fucking audacity to try to make people who the rich are victimizing out to be deadbeats looking to take stuff away from the rich!?!?!?!?!?... Beam my ass up, Scotty... I am sick of washrag, crybaby rich people... B~ |
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Subject: RE: BS: Interesting article on Obama's win From: Little Hawk Date: 10 Nov 12 - 01:30 PM Stim...you said, "Once you have a certain amount of money(officially estimated at somewhere between $10-15 million), it doesn't really make much difference how much more you get, because you've got enough to buy whatever you want forever. Given that, what is the "enormous benefit"?" Well, there's little practical benefit, clearly....but it's not driven by practicality. It's a psychological problem. No matter how much money the high rollers get, they still feel "safer" and "more successful" and better about themselves, if they can get a whole lot more. Collectors are like that too. What does it avail a record collector who already has 30,000 vinyl records in mint condition to keep collecting more of them? Yet, he will! He feels great with each new acquisition, but the feeling doesn't last too long, so he does it again, and again, and again. (I know at least 3 people in this position, and they're nice folks, but they're addicted to their collecting habit which is slowly squeezing them out of available living space.) I too have been bitten by the collecting bug more than once in my life, so I know exactly how it works...it's not rational! Nor is it practical. It's an emotional addiction. You get a brief high with each new acquisition...and a sort of low level sense of comfort from knowing the collection is there...but you also have to worry about keeping it safe, insuring it, etc! ;-) So it also becomes a heavy burden. Then you have the Americans and Russians, already equipped with enough nukes to kill everyone 10 times over...yet they keep building MORE of them! They can't seem to stop themselves from doing so. A similar problem, I think. The richest 1% would still be seeking more money no matter how much of it they had, because they do if for purely psychological reasons...and no amount of money will ever fill the giant hole in their psyches....just like no amount of vinyl records will fill the big hole in the psyche of a confirmed record collector. |
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Subject: RE: BS: Interesting article on Obama's win From: Don Firth Date: 10 Nov 12 - 03:53 PM Little Hawk is right about this one. The amount of money these folks have is their way of keeping score. Need has nothing to do with it. Ted Turner's holdings reached about 3 billion dollars. Chump change to some of these people. But he gave ONE billion to the United Nations because he believed in it and wanted to do his bit to foster world peace. He made it clear that this was a personal contribution for the UN to use as it saw fit, but preferably on programs to make people's lives better. And he was NOT paying the back dues that the United States owed. He drew no end of criticism from his fellow billionaires. His response, "But who NEEDS that much money!??" He felt that he had all the money he would ever need for the rest of his life and well beyond, and he wanted to do some good with the rest. But this didn't get through to his critics at all. They just didn't think in those terms. And they criticized him even further when he built a sports stadium (in Atlanta, I believe) on his own dime, NOT on taxpayers' money. (In Seattle right now, there are a couple of hyper-wealthy sports impressarios trying to get yet another sports stadium built in Seattle, but they want the taxpayers to pay for it.) Turner wasn't playing the game right and he was considered a "bad example" by other billionaires. Bill Gates, who at one time was worth $90 billion (considered the richest man in the world at the time), under nudging from his father and his new wife, Melinda, formed "The Bill and Melinda Gates Foundation," whose purpose is to distribute some of that wealth to where it would do the most good. They've given away many billions to such things as vaccinating African children against polio, and to AIDs research. Bill's personal fortune is now down to about $30 billion. He's been subject to some pretty vicious criticism from other billionaires--other members of the "1%." Thanks, Ted. Thanks, Bill and Melinda. And thanks to the few of like mind. And for the rest, hell isn't hot enough! Don Firth |
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Subject: RE: BS: Interesting article on Obama's win From: GUEST,999 Date: 10 Nov 12 - 04:21 PM Maybe we should find forgiveness in out hearts for these spirit-poor of the 1%. They grieve for the downtrodden masses I'm sure, and who are we to-- on second thought, fuck 'em! |
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Subject: RE: BS: Interesting article on Obama's win From: Charley Noble Date: 10 Nov 12 - 04:30 PM Thanks for posting that article, Little Hawk. I hadn't run across it. Republicans in the State of Maine are still flailing about after their defeat at every level, blaming everyone but themselves. Charley Noble |
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Subject: RE: BS: Interesting article on Obama's win From: Ron Davies Date: 10 Nov 12 - 05:15 PM Article also illustrates, for anybody who actually reads it, that the idea that there is no difference, in this case, between Obama and Romney--that both are servants of Big Capitalism-- is a pathetic refuge for those who refuse to think. A category which seems to include an amazing number of Mudcatters---at least quite a few of the most prolific posters. |
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Subject: RE: BS: Interesting article on Obama's win From: Henry Krinkle Date: 10 Nov 12 - 05:25 PM Let them eat cake. =(:-( /) |
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Subject: RE: BS: Interesting article on Obama's win From: GUEST,999 Date: 10 Nov 12 - 05:29 PM And now I am, thanks to Henry, announcing the birth of, wait for it wait wait The Cake Party. |
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Subject: RE: BS: Interesting article on Obama's win From: Henry Krinkle Date: 10 Nov 12 - 05:34 PM Prez al-Obama bailed out Wall Street. Made sure those rich folks stay rich. At Amerika's expense. Forced millions out of their homes. And Wall Street gave themselves big fat bonuses. With the bail out money. Prez al-Obama. Puppet President. |
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Subject: RE: BS: Interesting article on Obama's win From: Henry Krinkle Date: 10 Nov 12 - 05:36 PM Very good. Pineapple Upside Down cake. In honor of our Hawaiian born president. =(:-( D) |
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Subject: RE: BS: Interesting article on Obama's win From: Jeri Date: 10 Nov 12 - 05:39 PM 999, rumor has it Romney and the Rich Guys tried to start a "Pie Party", but they each wanted 99% of it. |
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Subject: RE: BS: Interesting article on Obama's win From: kendall Date: 10 Nov 12 - 06:03 PM Bush started the bailouts. |
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Subject: RE: BS: Interesting article on Obama's win From: Don Firth Date: 10 Nov 12 - 06:27 PM Most of us know that. But Krinkle won't believe it because he doesn't WANT to believe it. Don Firth |
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Subject: RE: BS: Interesting article on Obama's win From: Henry Krinkle Date: 10 Nov 12 - 06:35 PM I know what I saw on the PBS documentary. Prez al-Obama just continued with Bush's policies. Kept Robert Gates on as Defense Secretary. It's like W never left. I thought Prez al-Obama and Justice John Roberts were going to French kiss over Obamacare. The Prez is just another Republican dressed up as a Democrat. Puppet. =(:-( P) |
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Subject: RE: BS: Interesting article on Obama's win From: Don Firth Date: 10 Nov 12 - 07:34 PM And just what PBS special was that, Hinkle? I watch PBS stations (two in my locality) and I have the viewer's guide for both stations. I find NOTHING along that line. So--what program are you talking about? Don Firth P. S. Just remember, the PBS website allows one to stream programs they missed, so I CAN check you out, you know. And I will post the results here!! |
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Subject: RE: BS: Interesting article on Obama's win From: Bobert Date: 10 Nov 12 - 07:40 PM You don't owe the Krinkx any explanation on why you are enlightened and intelligent, Don... He is below you, my friend... B~ |
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Subject: RE: BS: Interesting article on Obama's win From: Henry Krinkle Date: 10 Nov 12 - 07:49 PM The one about the Wall Street meltdown. I'll go find it, sweetcheeks. =(:-( x) *smoochies!* |
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Subject: RE: BS: Interesting article on Obama's win From: Henry Krinkle Date: 10 Nov 12 - 07:59 PM I believe it is the Frontline show titled Money, Power and Wall Street. =(:-( D) *huggles!*) |
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Subject: RE: BS: Interesting article on Obama's win From: Bobert Date: 10 Nov 12 - 08:08 PM You want to be taken seriously, Krinkx, then yer gonna have to get beyond bumper sticker positions which are like the kiddie pool of intellectual discourse... Entertaining??? Yeah... Meaningful??? Nah... B~ |
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Subject: RE: BS: Interesting article on Obama's win From: Henry Krinkle Date: 10 Nov 12 - 08:21 PM Watch the show. Then we can discuss. Otherwise, you can just keep your piehole shut, bobette. Are you drunk again? You get mean when you're drunk. It scares me. Bad. =(:-( o) |
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Subject: RE: BS: Interesting article on Obama's win From: Bobert Date: 10 Nov 12 - 08:35 PM What show??? You gotta have special (wink, wink) hats to receive it??? Uh huh... Explains a lot... Talk about drunk??? Me thinks you are PWI... Posting while intoxicated... No, maybe it's PWMC... Posting while mentally challenged... I donno... Maybe PWIAMC... Posting while intoxicated and mentally challenged... Don't much matter to me... Back to the article... Yeah, this is bad news for the crooks... B~ |
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Subject: RE: BS: Interesting article on Obama's win From: GUEST,Chongo Chimp Date: 10 Nov 12 - 08:46 PM If I ever wake up one day and find you two talkin' to each other with mutual respect and appreciation, I'll probably die of shock. ;-D Ook! Ook! - Chongo |
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Subject: RE: BS: Interesting article on Obama's win From: Bobert Date: 10 Nov 12 - 08:53 PM Mutual respect = equal articulation, Chongz... There's more to articulation than "bumper sticker" length positions... I'd love to have a real discussion with the Krinkx but... ... the Krinkx is either unable or unwilling to artiulcate positions beyond sound bites??? Hey, Chongz... You know that I'll go balls to the wall in explaining my positions... Fuck me!!! I'm explaining this to a poo chuckin' monkey whose claim to fame is haulin' in 12 votes in the recent presidential election??? Beam me up Scotty... B~ |
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Subject: RE: BS: Interesting article on Obama's win From: Little Hawk Date: 10 Nov 12 - 09:12 PM Geez, Bobert! You better clarify what you meant by that "Fuck me!!!" statement. I sure hope you were NOT suggesting an inappropriate sexual liason between yourself and your pal and mine, Chongo Chimp. I am shocked, man! Shocked! And then there's the poo-chuckin' allegation again. And the gratuitously offensive use of the "M" word! Ouch. Let's hope this one just blows over and is soon forgotten... |
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Subject: RE: BS: Interesting article on Obama's win From: GUEST,DDT Date: 10 Nov 12 - 09:36 PM >>>Once you have a certain amount of money(officially estimated at somewhere between $10-15 million), it doesn't really make much difference how much more you get, because you've got enough to buy whatever you want forever. Given that, what is the "enormous benefit"?<<< You don't understand anything about boundless greed, do you? |
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Subject: RE: BS: Interesting article on Obama's win From: Bobert Date: 10 Nov 12 - 09:48 PM "Fuck me" is an exhalation where one is saying. "Man, why can't I get the stupidity of stupid people"... It's a Southern thang... B~ |
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Subject: RE: BS: Interesting article on Obama's win From: Little Hawk Date: 10 Nov 12 - 10:12 PM Yeah, I know. (grin) Just having fun playing the straight man... Shane has often been heard to say, "Flip ME!!!" Same basic exhalation and meaning. It indicates astonishment or disbelief. |
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Subject: RE: BS: Interesting article on Obama's win From: Bobert Date: 10 Nov 12 - 10:15 PM Yup... B~ |
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Subject: RE: BS: Interesting article on Obama's win From: Don Firth Date: 10 Nov 12 - 10:30 PM Hinkle, Frontline's "Money, Power, and Wall Street" was a FOUR HOUR SERIES. And you sum it all up in fifty-five words? Dubious that you got ANY of the facts straight, but I'm going to check you out. It'll take a bit, and it looks like an interesting series, but given your "trash Obama no matter what" interpretation of everything, it will surprise the hell out of me if your reading of it is anywhere NEAR close to what Frontline really said. Don Firth |
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Subject: RE: BS: Interesting article on Obama's win From: Bobert Date: 10 Nov 12 - 10:44 PM "A little learning is a dangerous thing"... B~ |
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Subject: RE: BS: Interesting article on Obama's win From: Don Firth Date: 11 Nov 12 - 12:34 AM The truth of the matter: The decision made in 2009 by the Obama team to do a GM and Chrysler "bailout" with pay-back conditions that included interest turns out to have been the right decision (see whitehouse.gov for details). President Obama has actually STOOD UP TO Wall Street and this nation's banks---a very politically courageous move on his part---by pushing for and then signing into law the Financial Reform Bill that, among other things, would prevent any future taxpayer-funded bailout of our nation's financial institutions (see ReadTheBill.org and whitehouse.gov).Suck it up, Hinkle! Don Firth |
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Subject: RE: BS: Interesting article on Obama's win From: Henry Krinkle Date: 11 Nov 12 - 01:22 AM You believe anything they tell you. Anydamnthing. If it's on a screen, it's real. Did you stop by the Clampett's mansion to say hi! to Granny and Jethro? =(:-( D) |
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Subject: RE: BS: Interesting article on Obama's win From: Don Firth Date: 11 Nov 12 - 01:38 AM But that's the same source you said you got YOUR bit from, Hinkle. Which way is it? Or do you just make stuff up? Do you? Well, do you?? Don Firth |
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Subject: RE: BS: Interesting article on Obama's win From: Henry Krinkle Date: 11 Nov 12 - 03:54 AM I read(or watch) between the lines with a healthy amount of cynicism. I didn't believe the body counts on the news during the Vietnam War back when I was a small child and I don't believe much the government and media tells me now. Fool me once, sweetcheeks |
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Subject: RE: BS: Interesting article on Obama's win From: Ron Davies Date: 11 Nov 12 - 10:30 AM It would certainly be progress if the illustrious OP would read the article he himself posted--and remember it. Maybe we wouldn't hear quite so much drivel about Big Capital manipulating every politician on the US scene. What a delightful change that would be. |
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Subject: RE: BS: Interesting article on Obama's win From: akenaton Date: 11 Nov 12 - 10:48 AM Ha Ha.....you live in a capitalist country...operate a capitalist economic system...of course politicians are manipulated by "big capital" Capitalism, means trickledown economics for us peasants, and as we are no longer competitive globally, the trickle has dried up. If the capitalists make money in India or the East, do you think they are likely to bring it back here to finance an "undermotivated underclass"......What a fucking joke! In the UK youth unemployment is a disgrace, I believe the US is almost as bad....Savings pensions and benefits are all under attack everything is being cut.....you are next in line. The system has failed in the West....you dont need a new president, you need a magician. |
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Subject: RE: BS: Interesting article on Obama's win From: Amos Date: 11 Nov 12 - 11:02 AM AKe, you should get your basic definitions straight. Capitalism --when abused--can generate a shitty bunch of problems, but your sense of what it means is off the wall. Look here, buddy, if you were to get so many contracts to lay out walls that you found yourself at the end of the year having made ten thousand pounds more than it cost you, what would you do with the money? One answer would be to find a promising, hartdworking group of people and use the money you made to fund their startup by getting them office space, or trucks or whatever they needed, in order to build up their flourishing cupcake enterprise. If you were to give them those ten thousand pounds, you'd want some assurance you would get it back, I suppose, which you might take in the form of shares of the company. Or interest payments. Either way, you are making the money work for you, and in exchange, they are getting a chance to start a profitable business. That's capitalism. A |
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Subject: RE: BS: Interesting article on Obama's win From: Henry Krinkle Date: 11 Nov 12 - 11:06 AM Capitalist Pigs. =(:-( P) |
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Subject: RE: BS: Interesting article on Obama's win From: Don Firth Date: 11 Nov 12 - 01:37 PM Hinkle paraphrases a reliable source, but screws it around to come out the way he wants it to. I go to the same source and set his misrepresentations straight. Then HE claims that I stupidly believe anything I read. Well, at least I can read. Hinkle denigrates those who have had an education as being "brainwashed." He doesn't even know what an education is. This, of course, is because he, himself, flunked out of reform school. Don Firth |
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Subject: RE: BS: Interesting article on Obama's win From: akenaton Date: 11 Nov 12 - 06:23 PM Amos....internal economics won't save you. Nowadays capitalism needs "growth" and that means in the global marketplace. Buy, with whats left of your money, some seeds, a shovel and a gun. |
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Subject: RE: BS: Interesting article on Obama's win From: Henry Krinkle Date: 11 Nov 12 - 08:55 PM Why should the banks get the equivalent of welfare? Why shouldn't they fail like any other poorly run business? Would Ayn Rand approve?Isn't she the patron saint of the Banking and Financial Services Industry? And Mr. Firth. With my very limited education, why am I able to spell circles around you? You can barely spell the simplest of words. =(:-( D) |
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Subject: RE: BS: Interesting article on Obama's win From: Bobert Date: 11 Nov 12 - 09:14 PM No, Ayn Rand would be all over saving them, Krinkx... Ayn was all about the little guy getting screwed... She would have done exact5ly what Bush and Obama did... Bottom line, we were between a rock and hard place... With the repeal of Glass-Steagall we were living on borrowed time... Time gave out in the late summer of 2008... Here's the funny thing (well, not so funny)... The right blames Cris Dodd and Barney Frank for their 2010 "Dodd-Frank Bill" on the 2008 meltdown??? Man, if that isn't delusional or what??? Let's see... What year came first??? 2008 or 2010??? Hmmmmmm??? B~ |
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Subject: RE: BS: Interesting article on Obama's win From: Henry Krinkle Date: 11 Nov 12 - 09:36 PM Let them collapse and be replaced with efficient profitable banks. No more drunken frat boys handling our money. =(:-( 0) |
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Subject: RE: BS: Interesting article on Obama's win From: Bobert Date: 11 Nov 12 - 09:46 PM "Efficient profitable banks" cost me $500,000 in losses in '08... No thanks to you idea, Krinkx... B~ |
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Subject: RE: BS: Interesting article on Obama's win From: Little Hawk Date: 11 Nov 12 - 10:01 PM Actually, what is needed is very strict regulation of banks and major lending institutions. Furthermore, the many CEOs who were responsible for inflating the incredible bubble of fraudulent speculation and toxic "assets" that led to the financial collapse in 2008 should have been arrested and charged with high crimes against the nation. Not just some of them...all of them. They all should have lost their jobs and faced prison. The banks which were in such bad shape due to their own dishonesty that they couldn't survive without a huge government bailout should have been nationalized, in my opinion. That's socialism, of course. You'll never see either the Republicans or Democrats do that unless something really major changes in the cultural mindset of the USA. Canadian banks are much more strictly regulated than banks in the USA or the UK, and this has served Canada well through the last 2 decades. All of our banks have weathered the financial crisis in good shape so far...what has damaged us very badly, however, is what the financial crisis has done to the USA...because the USA is our number 1 trade partner. Thus Canada has inevitably suffered too by the ripple effect. Collateral damage, you could call it. We just got lucky, by the way. Back when the big pressure was on to de-regulate the financial industry, that pressure was very much felt in Canada too...but we briefly had a prime minister who had been minister of finance under a previous Liberal government, and he understood the danger. He refused to deregulate our banks, and that's what saved us in 2008. His name was Paul Martin (Liberal Party), and he wasn't in office very long. If the presently ruling (neo)Conservative Party of Canada had been in office at that time, we would have de-regulated our banks just like was done in the USA, and we'd all have been screwed in 2008. We were very lucky that Paul Martin was there at the right time to say "no". As it was, our present (neo)Conservative prime minister Stephen Harper tried to claim credit for the fact that our financial system had remained stable and healthy in 2008 due to his inspired and responsible leadership. Ha! Ha! I wonder if anyone believed him? He too was just lucky. |
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Subject: RE: BS: Interesting article on Obama's win From: Henry Krinkle Date: 11 Nov 12 - 10:01 PM Just Say No =(:-( P) |
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Subject: RE: BS: Interesting article on Obama's win From: Bobert Date: 11 Nov 12 - 10:07 PM Dodd/Frank was the first bit of sanity since the repeal of Glass-Steagall... B~ |
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Subject: RE: BS: Interesting article on Obama's win From: akenaton Date: 12 Nov 12 - 05:59 AM De-regulation of the Banking system was not just greed, it was actively promoted by capitalist govts to promomote the "growth" which I touched on above.....it was in truth a means of buying time. Time has now run out. Can't you hear the bell or the clock winding down? Nero fiddled while Rome burned......we get exercised over human rights and gay marriage while society collapses. |
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Subject: RE: BS: Interesting article on Obama's win From: Don(Wyziwyg)T Date: 12 Nov 12 - 09:22 AM ""I read(or watch) between the lines with a healthy amount of cynicism. I didn't believe the body counts on the news during the Vietnam War back when I was a small child and I don't believe much the government and media tells me now."" Translation: ""I read 'em and if they don't fit with my hard wired prejudice, I LIE! And if you don't believe my lies, I get nasty. Don T. |
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Subject: RE: BS: Interesting article on Obama's win From: Henry Krinkle Date: 12 Nov 12 - 09:49 AM No. I just get prettier by the day. *smoochies!* =(:-( x) |
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Subject: RE: BS: Interesting article on Obama's win From: Don Firth Date: 12 Nov 12 - 01:42 PM Hinkle: "And Mr. Firth. With my very limited education, why am I able to spell circles around you? You can barely spell the simplest of words." Not necessarily because of your limited education, Hinkle (there are many bright and accomplished people in the world who have limited formal educations), but because you have chosen to be an ignoramus, you are hardly one to judge my spelling and grammar. I've worked, and have been paid quite well, for my editorial abilities, including correcting the spelling of others, as a radio station news director (where I was also responsible for gleaning the nuggets of FACT out of piles of goat feathers), and as a technical writer and editor for the Bonneville Power Administration's residential weatherization program. I won't bore you with my academic credits because you seem to be quite sensitive about your own lack thereof, but suffice it to say that I have written—and had published—some thirty magazine articles including one for "Sing Out!" and I'm working on a book about the folk music scene in the Pacific Northwest from the 1940s up to now, with about 150,000 words written so far. My bookshelves contain some five dictionaries, a copy of Strunk and White's The Elements of Style, The Chicago Style Manual, and a couple of other style manuals, along with several other books on writing both fiction and non-fiction. I don't think I have much of a problem spelling words of any length, especially short, commonly used ones. In addition, unless it's very short, I usually write posts to Mudcat first in MicroSoft Word, which contains a spell-checker that flags misspelled words, then copy and past them into the message box at the bottom of the thread. And sometimes I use Dragon Naturally Speaking, a voice recognition program, with which I can simply dictate to the computer and the words appear on the screen. DNS checks spelling automatically. So even if I were a poor speller, misspellings would be caught before they are ever posted. Hinkle, I am really astounded at the way you consistently manage to shoot yourself in the foot when your foot is in your mouth and your head is up your ass! Truly amazing! Don Firth |
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Subject: RE: BS: Interesting article on Obama's win From: Henry Krinkle Date: 12 Nov 12 - 01:51 PM I'm glad to know you haven't wasted your entire life online. You got out and did something. Hats off to you, Mr. Firth. =(:-( D) |
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Subject: RE: BS: Interesting article on Obama's win From: Don Firth Date: 12 Nov 12 - 02:23 PM Isn't it about time you do the same? Or is the real world too scary for you? Don Firth |
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Subject: RE: BS: Interesting article on Obama's win From: Stringsinger Date: 13 Nov 12 - 10:39 AM Roosevelt actively went after Wall Street. His famous speech, "I welcome their hatred" resonated with the working class at that time and many a working man or woman lauded Roosevelt for helping to keep their job. Obama, it looks like, is about to sell out the working people of the U.S. by a phony deal with the GOP to protect Wall Street crooks. The deal was this, Roosevelt was pushed by Eleanor and a little mentioned name today, Ferdinand Pecora unsung hero There is no one today to push Obama to make the right decisions. His election was a strong resistance to Romney. |
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Subject: RE: BS: Interesting article on Obama's win From: Ron Davies Date: 13 Nov 12 - 05:33 PM "phony deal" : i.e. if I predict the sky is falling enough times, maybe it will eventually fall. No wonder folkies have such a sterling reputation in the world at large for political analysis. |
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Subject: RE: BS: Interesting article on Obama's win From: Henry Krinkle Date: 13 Nov 12 - 06:25 PM Prez al-Obama. Our honest and forthright puppet president..... =(:-( )) |
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Subject: RE: BS: Interesting article on Obama's win From: Bobert Date: 13 Nov 12 - 06:55 PM I donno, Strings... Seems that Obama has upped the ante on the Repubs... The deal that he offered Johnny Bonehead is off the table and Obama is now going after $1.5 T from the rich... Johnny should have taken the last deal... I am just hopeful that Obama understands the strength of his hand... B~ |
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Subject: RE: BS: Interesting article on Obama's win From: Donuel Date: 13 Nov 12 - 07:32 PM jeez GS you can be pleased by the outcome for at least 5 minutes can't you. Bobert, you are right that John Boehner has conceded that he will have an adult conversation this year but agreeing to a deal is highly speculative. He has instructed his republican members to not yell 'you lie' and to allow the word Taxes to be used without his crying or Cantor storming out. At the very least he promised to return the President's phone call if only to raspberry and hang up. His great great grandfather Confederate Col. Beauregard Ebenezer Bonerhard (the family name was changed the following generation) who cried four years straight after his wounding in Tulahoma Tennessee would be proud to know Johnny is holding the family traditions sacred. Back then they called him Col. Beb for short and had the unusual reputation for having a local and vocal woman Gabriel ask loudly for his protection as the war raged outside town only to be found soon after shot in the head at close range. The Col. refused to attend the prayer circle to pray for young Gabriel's life but was said to have gotten blind drunk at a Confederate fundraising cocktail party instead. |
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Subject: RE: BS: Interesting article on Obama's win From: Henry Krinkle Date: 13 Nov 12 - 07:38 PM You lie!!! =(:-( O) |
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Subject: RE: BS: Interesting article on Obama's win From: Bobert Date: 13 Nov 12 - 07:47 PM That was some good stuff, Donuel... You write that??? If so, you got the good drugs... No offense... B:~) |
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Subject: RE: BS: Interesting article on Obama's win From: Stringsinger Date: 14 Nov 12 - 10:58 AM Roosevelt had the courage to go after Wall Street and not kowtow to it as the Obama is doing through Timothy Geithner, Robert Rubin and many of his cabinet who were responsible for the recent US depression. If you know the history of Roosevelt, you will find that he was almost assassinated for his going against Wall Street. People can change in office as Lincoln did. Roosevelt was not a Wall Street defender. |
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Subject: RE: BS: Interesting article on Obama's win From: Bobert Date: 14 Nov 12 - 12:49 PM Obama went easy on Wall Street in his first term partly because Wall Street were serious donors to his '08 campaign and partly because he was hoping not to rile them up too much and have them turn on him in this last election... Well, that plan didn't work because they gave heavily to Romney and are pretty riled up... Watch for a different Obama in his second term... B~ |
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Subject: RE: BS: Interesting article on Obama's win From: Little Hawk Date: 14 Nov 12 - 01:53 PM Oh, how I hope you are right, Bobert! |
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Subject: RE: BS: Interesting article on Obama's win From: Henry Krinkle Date: 14 Nov 12 - 04:11 PM Me too, bobette. But I doubt it very much. =(:-( )) |
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Subject: RE: BS: Interesting article on Obama's win From: Bobert Date: 14 Nov 12 - 04:19 PM Well, one thing that won't happen is the repeal of the Dodd-Frank legislation... That's a good start... B~ |
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Subject: RE: BS: Interesting article on Obama's win From: Henry Krinkle Date: 14 Nov 12 - 05:04 PM He's a good boy. He'll do what he's told to do. =(:-( D) |
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Subject: RE: BS: Interesting article on Obama's win From: akenaton Date: 15 Nov 12 - 10:11 AM Wonder if he's going to give Mr Netin-yahoo a good talking to??? |
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Subject: RE: BS: Interesting article on Obama's win From: GUEST,999 Date: 15 Nov 12 - 10:12 AM At this point, why should he? |
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Subject: RE: BS: Interesting article on Obama's win From: akenaton Date: 15 Nov 12 - 10:13 AM Hmmm.....I don't think he's that "liberal". |
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Subject: RE: BS: Interesting article on Obama's win From: akenaton Date: 15 Nov 12 - 10:17 AM Think it might have been more about sabotaging the Palistinian/Israeli peace talks Bruce. Isn't politics a nasty business? |
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Subject: RE: BS: Interesting article on Obama's win From: Amos Date: 15 Nov 12 - 11:11 AM HE will have to put some serious steel to Rubin and Geitner, who are storng subscribers to the Goldman Sachs school of market analysis... |
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Subject: RE: BS: Interesting article on Obama's win From: Ron Davies Date: 15 Nov 12 - 03:38 PM Re: Netanyahu: the shoe may be on the other food. Mr. N is now under pressure in Israel for causing needless friction with Obama and hence with the US, which will be led for another 4 years by President Obama. |
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Subject: RE: BS: Interesting article on Obama's win From: GUEST,999 Date: 15 Nov 12 - 05:16 PM I think you may be right, Ake. Neither Hamas nor Nat seem too much interested in peace. |
