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Author Topic: economics of socialism  (Read 9481 times)

coyotekart1

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Re: economics of socialism
« Reply #30 on: April 19, 2010, 10:30:26 PM »
The entitlement mind set of the younger generation is sickening and something needs to be done about it.

leadfoot4

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Re: economics of socialism
« Reply #31 on: April 20, 2010, 07:17:00 AM »
The entitlement mind set of the younger generation is sickening and something needs to be done about it.


"Coyote", on one hand, I totally agree with you, however it's not just the younger generation. Keep in mind that they had to have someone "train" them in the art of "working the system". Some of those teachers, I'm embarrased to say, are from my generation.

I just finished having breakfast, and while I was eating, I was watching the news on TV. A commercial came on, one of those "huckster lawyers", who will "Fight to get you the Social Security Disability Benefits" that you deserve....So if that backache or hangnail prevents you from working, call us and we'll get you money. I want to barf!!!

That's our hard earned tax money that they want to give away, just because somebody has a half-azzed excuse not to work....BOO-FREAKIN'-HOO. Get out of bed, take two aspirin, suck it up, and GET TO WORK and off the public dole!!

coyotekart1

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Re: economics of socialism
« Reply #32 on: April 20, 2010, 07:36:43 AM »
That is true. Also, there is no pride in working hard these days in most cases. Im 21 and everything I have, I work for. I dont have anyone giving me a free ride over anything. The government and their entitlement programs are sickening. People are lazy and babies and its a shame our once great nation is turning into a bunch of government fed babies. If you dont work, you dont eat, its that simple.


Groundpounder

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Re: economics of socialism
« Reply #33 on: April 27, 2010, 09:54:19 PM »
"Crate engines are to racing what Tofurkey is to Thanksgiving" - Karl Fredrickson
Distrust all men in whom the impulse to punish is powerful. - Friedrich Nietzsche
We are descended in spirit from revolutionaries and rebels -- men and women who dare to dissent from accepted doctrine. - D. Eisenhower

leadfoot4

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Re: economics of socialism
« Reply #34 on: April 28, 2010, 07:15:28 PM »
"Pounder",


Right On!!!!

Chargincharlie

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Re: economics of socialism
« Reply #35 on: May 09, 2010, 06:52:45 AM »
Outstanding Groundpounder and Coyote man i can relate to the guy with the bird feeder 3 nests in the RV, nests in the garage, first year i had mice in the camper feeders are coming down that video is right on the money i like that guy.....


raceannouncer

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Re: economics of socialism
« Reply #36 on: May 29, 2010, 11:30:43 AM »
As of a week or two ago SS was bankrupt. That means more going out than coming in :P. It won't be long before they will have to shut it down. Or the alternative is to raise taxes but obama wouldn't do that would he. ::) ::)
Congress is the real problem here...They have been for decades When Social Security was created, the money deducted from people's pay was supposed to be left alone. But early in its existence it began growing at a faster rate than the benefits that were being taken out. The pile of cash grew so large that no politician could keep their greedy, grimy, little paws off of it and they started to clean it out by spending it on things other than what it was originally intended for. If they had left it alone and kept it invested the way it was supposed to be, there would be no talk about a bankrupt program because it wouldn't be...

Mike wake up! SS was since it's inception a ponzi scheme. There was never a surplus. The money was always placed in the general fund and spent. To say there were IOU's would also  be ludicrous.
It was never designed to be a system where your money was placed in an "account" to be invested and accrue interest. SS has always been pay as you go. A little thing FDR came up wit so he could use what was left over to supplement gummint spending.

Rod: It is YOU and others who need to WAKE UP, especially now that our country's future has so much at stake! It is amusing to me when others either try to rewrite history or demonstrate their complete lack of knowledge of how our government works. This is especially true of those who want to blame (or credit) the country's economic ills on whoever  the President is at the time.(NOT FDR, not Truman, not Eisenhower, not JFK, not LBJ, not Nixon,not Reagan,not Bush I not Clinton, not Bush II and not Obama(Reagan and Obama could be considered exceptions since they were able to get Congress at the time to get on board with their ideas and programs.) It's the easy, convenient thing to do, but not very fair or accurate. Either you forgot this, never learned it, slept in class, or choose to ignore it for whatever reason. Our country's forefathers did not want one person in charge of everything; they already experienced the downside of that scenario under the monarchy rule of the king they fled from.  Thus, Congress was established as a method of ensuring a balance of power and they gave Congress not only the power to enact laws(its primary purpose), but also the "power of the purse strings" or in other words, they are in charge of all facets of the economy unless they choose to dole or delegate that power out to some other entity. So, any President can propose whatever economic spending program they want; but it is Congress that has to hammer out the details and is totally responsible for anything good or bad about the economy. To further ensure the balance of power would remain intact is the exact reason for the differences in the length of time of the terms among the President, Senators and Representatives.  They also kept more balance by establishing the Supreme Court to act as a "watchdog" over both Congress and the President (since nothing becomes law until the President signs it.)Similarly,the President was not originally able to take the country into war alone, however, over time Congress has rescinded most of that back to the Commander-in-Chief, for better or worse...

You should've learned it long ago...otherwise GOOGLE it!
« Last Edit: May 30, 2010, 04:16:15 PM by raceannouncer »
"Announce anything you can, anytime you can, anywhere you can!!!"--mentor "Big Mac" Dave McClelland

leadfoot4

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Re: economics of socialism
« Reply #37 on: May 30, 2010, 05:02:23 PM »


Rod: It is YOU and others who need to WAKE UP, especially now that our country's future has so much at stake! It is amusing to me when others either try to rewrite history or demonstrate their complete lack of knowledge of how our government works. This is especially true of those who want to blame (or credit) the country's economic ills on whoever  the President is at the time.(NOT FDR, not Truman, not Eisenhower, not JFK, not LBJ, not Nixon,not Reagan,not Bush I not Clinton, not Bush II and not Obama(Reagan and Obama could be considered exceptions since they were able to get Congress at the time to get on board with their ideas and programs.) It's the easy, convenient thing to do, but not very fair or accurate. Either you forgot this, never learned it, slept in class, or choose to ignore it for whatever reason. Our country's forefathers did not want one person in charge of everything; they already experienced the downside of that scenario under the monarchy rule of the king they fled from.  Thus, Congress was established as a method of ensuring a balance of power and they gave Congress not only the power to enact laws(its primary purpose), but also the "power of the purse strings" or in other words, they are in charge of all facets of the economy unless they choose to dole or delegate that power out to some other entity. So, any President can propose whatever economic spending program they want; but it is Congress that has to hammer out the details and is totally responsible for anything good or bad about the economy. To further ensure the balance of power would remain intact is the exact reason for the differences in the length of time of the terms among the President, Senators and Representatives.  They also kept more balance by establishing the Supreme Court to act as a "watchdog" over both Congress and the President (since nothing becomes law until the President signs it.)Similarly,the President was not originally able to take the country into war alone, however, over time Congress has rescinded most of that back to the Commander-in-Chief, for better or worse...

You should've learned it long ago...otherwise GOOGLE it!

Mike,
    Good post!!

Rod Bolt

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Re: economics of socialism
« Reply #38 on: June 01, 2010, 09:59:36 PM »
Mike yes appropriations begin in the house and then are passed through the Senate but in the end the President still has to pass the budget. If he does not like the budget he can veto it and send it back to Congress.

This still does not address the fact that SS was a policy brought into being by the Roosevelt administration. In case you haven't been paying attention the president can have a very big influence on Congress and the Supreme Court for that matter. So much so that the Court did not address the issue of unconstitutionality of SS and the social programs because FDR threatened to increase the number of judges on the court. With this increase he could flood the court with liberal judges who would rule in his favor.

As far as Congress being "the" problem. I would say they are a big part of the problem. The whole of government is a part of the problem. It has gotten much bigger than it was ever intended to be. I fear that the government will never be able to go back to what it should be.

But what I fear most is what is really wrong with the country today. It is a populace that is willing to continue electing these leeches and giving away their liberties all for a few easy dollars and promises of a chicken in every pot!

I say reelect no one!!!
The first thing a man will do for his ideals is lie.
-Joseph A. Schumpeter-

The quality of ideas seems to play a minor role in mass movement leadership. What counts is the arrogant gesture, the complete disregard of the opinion of others, the singlehanded defiance of the world.
-Eric Hoffer-


Groundpounder

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Re: economics of socialism
« Reply #39 on: June 09, 2010, 01:15:32 PM »
Quote
Study: Economy Shrank as Obama Stimulus Failed to Fuel Growth
Wednesday, 09 Jun 2010 08:48 AM
 

By: Forrest Jones

Most economists believe the Great Recession ended in the summer of 2009 although a quick look at the numbers reveals President Barack Obama's stimulus measures, widely credited for getting the economy going again, really didn’t work.

In the third quarter of 2009, final gross domestic product growth came to 2.2 percent, according to government data, although when stimulus spending was subtracted from that figure and numbers show the economy contracted, the Big Picture reports.

The economy grew 5.6 percent during the fourth quarter of 2009 according to official figures although that figure drops to 2 percent when taken net of stimulus money, the Big Picture adds.

In fact, the numbers show the economy contracted again during the first quarter of 2010.

“Real growth means that economies are being more productive and real useful jobs are being created,” the Big Picture reports.

“Government stimulus is an attempt to manipulate growth statistics via inefficient and wasteful government spending. Stimulus does not advance standards of living.”

The Commerce Department says the U.S. economy officially grew 3 percent during the first quarter of 2010 when compared to the fourth quarter of last year, down from its original estimate of 3.2 percent, according to the AFP newswire.

Economists were expecting even better numbers.

“This is a fairly tepid recovery that is fighting a lot of headwinds,” Joel Naroff, of Naroff Economic Advisors, tells the AFP.

“It will be hard to grow rapidly when the economy has to overcome limited credit availability, a modest recovery in housing, high unemployment rates and, as a consequence, depressed consumer confidence ... and uncertainty in Europe.”

© Moneynews. All rights reserved.
"Crate engines are to racing what Tofurkey is to Thanksgiving" - Karl Fredrickson
Distrust all men in whom the impulse to punish is powerful. - Friedrich Nietzsche
We are descended in spirit from revolutionaries and rebels -- men and women who dare to dissent from accepted doctrine. - D. Eisenhower

leadfoot4

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Re: economics of socialism
« Reply #40 on: June 11, 2010, 06:54:20 AM »
"Pounder", there's a real shock!!

Groundpounder

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"Crate engines are to racing what Tofurkey is to Thanksgiving" - Karl Fredrickson
Distrust all men in whom the impulse to punish is powerful. - Friedrich Nietzsche
We are descended in spirit from revolutionaries and rebels -- men and women who dare to dissent from accepted doctrine. - D. Eisenhower


Groundpounder

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Re: economics of socialism
« Reply #42 on: June 16, 2010, 11:18:10 AM »
"Crate engines are to racing what Tofurkey is to Thanksgiving" - Karl Fredrickson
Distrust all men in whom the impulse to punish is powerful. - Friedrich Nietzsche
We are descended in spirit from revolutionaries and rebels -- men and women who dare to dissent from accepted doctrine. - D. Eisenhower