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No longer academic
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bucheon bum



Joined: 16 Jan 2003

PostPosted: Wed Dec 03, 2008 11:22 pm    Post subject: Reply with quote

samcheokguy wrote:
Most of us in our early 20's don't have any memories of the 80's downturn, which was the most serious economic bust since the great depression. We have been raised in a period of mostly strong economies. It is only logical that we should experience one. I don't see it being permament, or even a decade, but I do see it as being
1)over-due
2)inevitable if you'e a capitalist.


no reason to single out you early 20s people. Those of us who just reached 30 don't remember the 1981-82 one either. Smile
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canuckistan
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Joined: 17 Jun 2003
Location: Training future GS competitors.....

PostPosted: Thu Dec 04, 2008 6:49 am    Post subject: Reply with quote

Gopher wrote:
No. You are talking like a smug leftist elitist. Like Harry Reid and his friends, the American people, the smelly masses...


"A smug leftist elitist"

For an "every man for himself/you're lazy so you deserve to be poor" flavour of Republican I guess so.

Between the two of us I seem to be the one who gives a shyte about our fellow citizens not having enough to eat.

I double dog dare you to go collect donations on your street.
A couple of hours tops. Help a family make it through another week of life.

Or are you too occupied with fretting that you don't have the budget for a new plasma TV this Christmas?
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mises



Joined: 05 Nov 2007
Location: retired

PostPosted: Thu Dec 04, 2008 6:53 am    Post subject: Reply with quote

^ Brings me back to late October..
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canuckistan
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Joined: 17 Jun 2003
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PostPosted: Thu Dec 04, 2008 7:32 am    Post subject: Reply with quote

Actually, I double dog dare everyone who's residing stateside to collect a food donation from the people on their street and bring it to a food bank of their choice.
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ontheway



Joined: 24 Aug 2005
Location: Somewhere under the rainbow...

PostPosted: Thu Dec 04, 2008 7:58 am    Post subject: Re: No longer academic Reply with quote

mises wrote:
Juregen wrote:
mises wrote:
Buckledown, shut down the spending and get ready for a terrible, terrible year.

http://www.financialpost.com/story.html?id=1027601


Shutting down on spending will make it worse.


On aggregate, yes. Individually, it is the smart thing to do.




Shutting down spending is not only the smart thing to do individually, it is also the best thing we can do for the economy as a whole. On aggregate, it is good for the economy.

The economy needs to contract. We need to spend less and eliminate the use of credit for consumption. We need to increase savings and investment. The transition is and will be painful, but it is necessary.

The sum of the decisions that are best for each individual, the aggregate in other words, is also the best thing for the economy as a whole. The contrary belief is part of the failed Keynesian Socialist dogma that has helped to create this mess.
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mises



Joined: 05 Nov 2007
Location: retired

PostPosted: Thu Dec 04, 2008 8:04 am    Post subject: Reply with quote

I agree with you ontheway. I just didn't want to get into it.
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Gopher



Joined: 04 Jun 2005

PostPosted: Thu Dec 04, 2008 8:12 am    Post subject: Reply with quote

Yes, that is right: a smug leftist elitist.

I concentrate my own volunteer efforts on soliciting, gathering, and transporting donated English-language foreign-affairs books from multiple history departments, professors, and university libraries to an Iraqi university librarian who has asked for help in reconstructing and repopulating this part of his library from us. I judged his request fair and accept the responsibility that each American ought to do what he or she can within his or her own sphere of influence to improve Iraq's situation. Do you hear me patting myself on the back for it or just going about it with quiet efficiency...?

Double-dog dare and new plasma televisions, indeed. I am eyeing a Blu-Ray, however. Wink
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canuckistan
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Joined: 17 Jun 2003
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PostPosted: Thu Dec 04, 2008 10:32 am    Post subject: Reply with quote

Gopher wrote:
Yes, that is right: a smug leftist elitist.

I concentrate my own volunteer efforts on soliciting, gathering, and transporting donated English-language foreign-affairs books from multiple history departments, professors, and university libraries to an Iraqi university librarian who has asked for help in reconstructing and repopulating this part of his library from us. I judged his request fair and accept the responsibility that each American ought to do what he or she can within his or her own sphere of influence to improve Iraq's situation. Do you hear me patting myself on the back for it or just going about it with quiet efficiency...?

Double-dog dare and new plasma televisions, indeed. I am eyeing a Blu-Ray, however. Wink


As much as you seem to enjoy putting the usual right wing labels on things, it's not about politics. It's about helping people get through some really tough times right here at home. I'd like to point out that financing Iraq/Afghanistan has contributed to the present crappy economic situation of this country too.
Smug leftist elitist indeed.

I still double dog dare you to get off the *beeping* couch and do it.
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Kuros



Joined: 27 Apr 2004

PostPosted: Thu Dec 04, 2008 10:50 am    Post subject: Reply with quote

Gopher wrote:
No. You are talking like a smug leftist elitist. Like Harry Reid and his friends, the American people, the smelly masses...


Because its the LEFT who has been abusing the patriotism angle for the past decade?

Hell, no.
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Gopher



Joined: 04 Jun 2005

PostPosted: Thu Dec 04, 2008 11:24 am    Post subject: Reply with quote

Be silent and respect your own moratorium, Kuros.
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