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Gopher
Joined: 04 Jun 2005
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 Posted: Sat Sep 27, 2008 9:57 pm Post subject: |
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Privateer: are you an American citizen or not? Last I recall, you were a British citizen. And your "favour" serves to remind me of this.
No matter. Assume you are an American citizen. You will almost certainly denounce, oppose, and defy any and all single-payer healthcare system when "the people in power" and not the usual, heroic, oppositionist partisans propose it. Trust me, mate. |
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JMO
Joined: 18 Jul 2006
Location: Daegu
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| Posted: Sat Sep 27, 2008 10:07 pm Post subject: |
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| blaseblasphemener wrote: |
There is another choice, the Swedish choice.
The money is given, but the government gets ownership, not just giving out a loan.
No one is talking about it because Wall Street wants its' cake and eat it too. |
I'm with this guy. Sweden know whats up. Copy them. |
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Privateer
Joined: 31 Aug 2005
Location: Easy Street.
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| Posted: Sun Sep 28, 2008 6:09 am Post subject: |
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| Gopher wrote: |
| Privateer: are you an American citizen or not? Last I recall, you were a British citizen. And your "favour" serves to remind me of this. |
I should say I favour a single payer system for your country: I'm British.
| Gopher wrote: |
| No matter. Assume you are an American citizen. You will almost certainly denounce, oppose, and defy any and all single-payer healthcare system when "the people in power" and not the usual, heroic, oppositionist partisans propose it. Trust me, mate. |
Really. Well I can be equally sure that you people will always be anti the antis no matter which particular act or policy of government they oppose.
Antis are generally people who are bothered by the fact that the government looks after the interests of big business only and not the people as a whole. What motivates people like you who endlessly oppose the antis I have no idea. |
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mises
Joined: 05 Nov 2007
Location: retired
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mises
Joined: 05 Nov 2007
Location: retired
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| Posted: Sun Sep 28, 2008 7:15 am Post subject: |
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| JMO wrote: |
| blaseblasphemener wrote: |
There is another choice, the Swedish choice.
The money is given, but the government gets ownership, not just giving out a loan.
No one is talking about it because Wall Street wants its' cake and eat it too. |
I'm with this guy. Sweden know whats up. Copy them. |
Krugman agrees.
http://krugman.blogs.nytimes.com/2008/09/28/the-good-the-bad-and-the-ugly/
I remain convinced that there is no general economic or financial crises but a targeted financial crises in the 'shadow banking system' of private equity, hedge funds, ibanks etc. We are looking at a severe recession followed by a quick recovery with a diminished currency. Like Asia post-AFC. However, with the bailout I think the Japanese "lost decade" is most likely. The AAA rating of the US is toast, the greenback as the reserve currency is toast and there will be an acute risk of hyperinflation.
I'm from the government and I'm here to help, indeed. |
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mises
Joined: 05 Nov 2007
Location: retired
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| Posted: Sun Sep 28, 2008 7:33 am Post subject: |
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This is interesting:
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U.S. Democrats seek Wall Street tax in bailout plan
WASHINGTON, Sept 27 (Reuters) - Democrats in the U.S. House of Representatives are pushing for a new Wall Street tax that would cover the potential costs of a $700 billion bailout being negotiated by Congress and the Bush administration.
U.S. House Speaker Nancy Pelosi, speaking to reporters after a meeting with fellow Democrats, said the fee could be assessed after five years if the non-partisan Congressional Budget Office determined taxpayers had lost money in the bailout.
"If after five years ... the CBO decides that the American taxpayer has lost money in this, then there would be a fee on financial institutions," Pelosi said, adding that she hoped the provision could be part of a final bailout deal.
Pelosi said that the Secretary of the Treasury could determine how to assess the fee.
(Reporting by Richard Cowan)
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http://www.reuters.com/article/bondsNews/idUSWBT00986620080927 |
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Gopher
Joined: 04 Jun 2005
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| Posted: Sun Sep 28, 2008 8:56 am Post subject: |
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| Privateer wrote: |
| I should say I favour a single payer system for your country: I'm British. |
Then it is simply not your affair. But Western Europeans, Privateer, have been looking out into the world and harshly judging it by their own ethnocentric and political-economic standards for well over five-hundred years. No surprises here. |
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blaseblasphemener
Joined: 01 Jun 2006
Location: There's a voice, keeps on calling me, down the road, that's where I'll always be
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| Posted: Sun Sep 28, 2008 9:25 am Post subject: |
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| Gopher wrote: |
| Privateer wrote: |
| I should say I favour a single payer system for your country: I'm British. |
Then it is simply not your affair. But Western Europeans, Privateer, have been looking out into the world and harshly judging it by their own ethnocentric and political-economic standards for well over five-hundred years. No surprises here. |
And you can thank the Brits for the soil you were born on, gopher. |
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chris_J2
Joined: 17 Apr 2006
Location: From Brisbane, Au.
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Gopher
Joined: 04 Jun 2005
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| Posted: Sun Sep 28, 2008 9:33 am Post subject: |
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| blaseblasphemener wrote: |
| And you can thank the Brits for the soil you were born on, gopher. |
Actually, no. If I were to thank any Western European imperialist power "for the soil I was born on," I would have to thank Imperial Spain and not Britain.
But that does not mean that I would extend Spanish citizens the right to vote in matters relating to American healthcare, Blaseblasphemener.
And by the way, since the 1940s, I believe the Brits ought to be partly thankful to the Americans for the soil they were born on.
Last edited by Gopher on Sun Sep 28, 2008 9:57 am; edited 1 time in total |
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Kuros
Joined: 27 Apr 2004
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| Posted: Sun Sep 28, 2008 9:43 am Post subject: |
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| blaseblasphemener wrote: |
| Gopher wrote: |
| Privateer wrote: |
| I should say I favour a single payer system for your country: I'm British. |
Then it is simply not your affair. But Western Europeans, Privateer, have been looking out into the world and harshly judging it by their own ethnocentric and political-economic standards for well over five-hundred years. No surprises here. |
And you can thank the Brits for the soil you were born on, gopher. |
Why would he do that? The British Crown neglected the colonies for over 100 years, until the French & Indian War. The British merely 'allowed' the colonies to exist. Most of the colonies, Pennsylvania, Massachusetts, Maryland, etc, were established and founded on their own, the British Crown having merely given grants to individuals (in the case of Massachusetts, not even that). Rhode Island and Connecticut were splinter states from Massachusetts. Virginia was run by the House of Burgesses since 1619.
After the French & Indian War, only then did Britain start to take an active interest in the affairs of the Thirteen colonies. The Intolerable Acts were passed to solidify Britain's French conquests and fund the French & Indian War. The colonists, who had fought for the British gains (which included Quebec and parts of Canada), were offended at these burdens. Particularly the Quebec Act, which gave what is now MI, OH, IN, and IL to Quebec! |
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bucheon bum
Joined: 16 Jan 2003
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| Posted: Sun Sep 28, 2008 10:47 am Post subject: |
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| mises wrote: |
| However, with the bailout I think the Japanese "lost decade" is most likely. |
A former (japanese) econ professor of mine has been thinking this since the real estate bubble popped last year. |
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Ya-ta Boy
Joined: 16 Jan 2003
Location: Established in 1994
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| Posted: Sun Sep 28, 2008 12:44 pm Post subject: |
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| the British Crown having merely given grants to individuals |
Capitalism at its finest. I'm rather nostalgic for the days when a company could claim sovereignty for their country just by sailing past a chunk of land. I think you have to admire European egos like that. Of course, when Americans continued the practice across the continent, they should be condemned because, well, they were Americans by then and not Europeans. |
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ddeubel
Joined: 20 Jul 2005
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| Posted: Sun Sep 28, 2008 5:10 pm Post subject: |
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I've been waiting for all the "smoke and mirrors" to finish up regarding this "bail out"....
Now that it is a fait accomplis, I just have to laugh!
Sorry but not even worth commenting on with any passion or insight/thought. This whole thing is simply Americans, working Americans getting the shaft. Stick a fork in 'em, turn 'em over, they're done! LOL.
Fear mongering again...... LOL.
This is like your rich uncle blowing all his inheritance up his nose and then coming to you who work at the local Rent a Wreck and asking you to take out a loan (and your friends) to see him over the next few months (and you giving it to him because you always admired that Great Gatsby! hoping to be one someday...) LOL.
DD
http://eflclassroom.ning.com |
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TexasPete
Joined: 24 May 2006
Location: Koreatown
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| Posted: Sun Sep 28, 2008 5:45 pm Post subject: |
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| Well I did write to both Senators and my Representative expressing strong disapproval of the bail out plan. Not that it will do anything, but i did write... |
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