Originally posted by AThousandYoung This is what printing money, progressive taxation, affirmative action etc (liberal stuff) helps neutralize.
I am curious about that point. I come from a part of the world where printing money is quite popular (Zambia in the early nineties and Zimbabwe since then).
I saw it as a non-progressive tax on anyone whose main worth was in currency (the poor). So I fail to see how it is a good thing (from the point of view of the poor).
Originally posted by twhitehead I am curious about that point. I come from a part of the world where printing money is quite popular (Zambia in the early nineties and Zimbabwe since then).
I saw it as a non-progressive tax on anyone whose main worth was in currency (the poor). So I fail to see how it is a good thing (from the point of view of the poor).
By itself it's not a good thing. However, if the printed money is then distributed to the poor via whatever method (relief checks, jobs programs etc) then the rich peoples' strategy of denying cash to the market (in order to make everyone desperate and willing to do anything for the cash which the rich have socked away) is undermined.
Now, of course, if the government prints the money and then simply spends it on jet fighters or paying foreign debt or gives it to the rich this will not work. In that case the money does not go into circulation such that the poor can gain it. It remains circulating from one rich person to another in that case and so does not accomplish the objective of helping the poor defend themselves from the rich.
Originally posted by generalissimo It is a mystery to me why people like whodey are still given the right to vote, every time I look at his posts Im more convinced that the current system is bound to elect incompetent leaders.
I suppose the only way to sleep good at night for "progressives" like yourself is to not allow conservaitves from voting. In fact, I think Clinton said that the Tea Party was the most dangerous organization on the face of the planet. So much for Al qaeda. 😛
Originally posted by whodey In fact, I think Clinton said that the Tea Party was the most dangerous organization on the face of the planet. So much for Al qaeda. 😛
Contrary to what the title suggests, Clinton does not mention the Tea Party, but states there is currently a climate in which extreme fringe groups might do something akin to the Oklahoma bombing.
Originally posted by KazetNagorra Contrary to what the title suggests, Clinton does not mention the Tea Party, but states there is currently a climate in which extreme fringe groups might do something akin to the Oklahoma bombing.
The Oklahoma bombing was absolutely nuts. These kinda things just gotta be concerted.
Originally posted by eljefejesus Now you guys made me curious what it would say:
http://www.standardandpoors.com/servlet/BlobServer?blobheadername3=MDT-Type&blobcol=urldocumentfile&blobtable=SPComSecureDocument&blobheadervalue2=inline%3B+filename%3Ddownload.[WORD TOO LONG]/b]
So why do you think zeeblebot preferred a google image search where the very first graph only goes up to 2008?
Originally posted by whodey I suppose the only way to sleep good at night for "progressives" like yourself is to not allow conservaitves from voting. In fact, I think Clinton said that the Tea Party was the most dangerous organization on the face of the planet. So much for Al qaeda. 😛
Clinton's finally got his (or her) 'vast right-wing conspiracy'.
Originally posted by zeeblebot that was the very first graph for you. not necessarily for us.
anyhow, i like the look of line charts. they're beautiful.
So... looking at the charts we can see we first had steep rises in house prices, followed by the collapse of the bubble, a steep decline and now they have stabilized.