Tea Party protesters are civil, bathed and decent.
POSTED BY: AURaptor
UPDATED: Sunday, April 26, 2009 16:18
VIEWED: 14086
PAGE 12 of 16
Just pointing up inaccuracies as I find them.
And, if you want to be accurate, I'm sure you could find equally egregious comments made by tea-baggers.
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Silence is consent.
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"You can't spend what you don't have".
Well, tell that to banks, investment firms, hedge funds, and businesses which exist on credit (either giving or receiving). Also tell that to average person who can't buy a house or car without credit.
It seems to me there is a legitimate need for "credit". There is also a continuing misuse of credit, both for speculation AND as part of "monetary policy".
The underlying reason WHY we even NEED a "stimulous package" is because wealth has concentrated in the hands of very few. (The differences in wealth today had finally reached 1929 proportions. When you get so much $ is so few hands, money stops circulating and the economy tanks.)
The question is: Does it even MATTER that the government creates a huge deficit? For example, did it matter that the government ran a HUGE deficit during the Great Depression and WWII? If not, why not? Would it matter TODAY? If it does how do we get $ flowing again without incurring a deficit? How do we separate out legitimate debt from speculative and inflationary debt?
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It's the end of the world as we know it, and I feel fine.
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I see no tea-baggers have answered my questions.
Well, I'll just dangle this question a little longer and see if there are any takers.
If not, I'll just answer them myself!
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It's the end of the world as we know it, and I feel fine.
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Quote:You are trying to compare apples and oranges. The debt of the government is the supreme debt. There is no power higher to rely upon when a failure occurs. This is macroeconomics at it's most fundemental. Let me illistrate the ramifications of your different examples of groups wildly spending what they do not have.
Originally posted by SignyM:
Well, tell that to banks, investment firms, hedge funds, and businesses which exist on credit (either giving or receiving). Also tell that to average person who can't buy a house or car without credit.
1 person - Personal bankrupcy.
Small Business - Business bankrupcy with maybe 10-30 layoffs
Large Business - Same as above with hundreds of layoffs and impact on local economies
Megacorp - read the wiki entry for Enron
US government - Have you ever played Fallout?
The point is that the governments debt belongs to We The People. That's why the tea parties were held.
Quote:On this I agree. It has existed as long as humanity has engaged in commerce. The East India Co. of the 18th century got itself in trouble several times in this fashion. One of the reasons the Tea Act of 1773 came about was because of croneyism twixt EIC and Parliment. The act was to serve in part to force monoply on EIC tea and at the same time tax it. The result would be certain tax revenue for England and forced sales of EIC tea to help provide that company with an 18th century "bailout". Unfortinately for EIC it was the tea itself that was "bailed out" into Boston harbor.
There is also a continuing misuse of credit, both for speculation AND as part of "monetary policy".
Quote:Answer: It matters on a titantic level. The value of our fiat currency is worth only what the worldwide reserve believes it to be worth. We think that just because we've sat atop the world economy since our grandparents were kids that it will always be that way. Let me illistrate something.
The question is: Does it even MATTER that the government creates a huge deficit? For example, did it matter that the government ran a HUGE deficit during the Great Depression and WWII? If not, why not? Would it matter TODAY?
The country that has the strongest economy on the world stage is said to be the "World's Reserve". As we speak it is the USA in that position, but that wasn't always so. Each century before proffered a nation who rose to that level because they out-thought the previous one:
17th century: Spain. Spain outflanked all of Europe by hording tangibles looted from the americas. By the close of the 1600's they had so much bling all their wealth was stored in silver and gold...the goal of the era.
18th century: Holland. The dutch understood trading on a level not seen since the ancient greeks. With their prowess at it they were able to found powerful banks and outflank spain's wealth which gravitated to them. This is shown in HBO's John Adams when Adams in in Holland seeking a loan of 10 million Dutch Guilders for the US. The Dutch currency was the strongest in the world at the time.
19th century: England. England learned from Dutch prosperity and outdid them by adding to it a military. The British army in the 19th century was the strongest in the world and lead to a global empire.
20th Century: The US. The states were the first nation to understand that wealth would be vested in the nation that grew in tech faster than the others. Throughout the 20th century the USA was on the crest of the Tech wave.
21st Century: Just because we are on top doesn't mean it will be that way much longer. I fear that China has out-thought us by methodically buying up our debt over many decades. The day will come when asian powers will dictate American Policy. We did it to the English. They did it to the Dutch.
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Quote:That would be because you ask questions with long answers and I was typing.
Originally posted by SignyM:
I see no tea-baggers have answered my questions.
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Quote:Not even the salvation army huh?
Originally posted by rue:
I never give anyone money on the street - not people with tables set up to collect for 'keeping kids off drugs', not even the Salvation Army at x-mas.
Darn those do-gooder christians! Darn them to heck!
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Nope - not even to the 'Salvation' Army.
"THE SALVATION ARMY
WAY TO GIVING: DIRECT GIVING
The Salvation Army is one among the most well-known 100 charities of the world - Both individuals and enterprises make contributions directly to it.
TRANSPARENCY - B - Lack of transparency - Sum of money is contributed - but result is not fully measurable.
BENEFIT FOR THE BUSINESS - C - Contribution to Salvation Army gets mention in the press even if it is a one time contribution.
EXPENSES FOR RAISING FUNDS -B - Heavy expenses are incurred for raising funds."
"Forced Religion in Homeless Shelters
Homeless people often have to give up Freedom of Religion in exchange for food and shelter."
"The Salvation Army, an international movement, is an evangelical part of the universal Christian church. Its message is based on the Bible. Its ministry is motivated by the love of God. Its mission is to preach the gospel of Jesus Christ and to meet human needs in His name without discrimination."
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I prefer St. Vincent DePaul when I give goods and money. Their help doesn't come with a dose of forced religion on the side.
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BSCM- thanks for the thoughtful reply!!!!
My response, in a nutshell- yes, but, and.
Back later!
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It's the end of the world as we know it, and I feel fine.
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Salvation Army- biggest slumlord in LA. Fatcats on top.
I give to a women's shelter in my neighborhood, non-religious homeless shelters, and Habitat for Humanity.
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It's the end of the world as we know it, and I feel fine.
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Sig,
You SHOULD be behind the movement.
Less, to no, taxes. You keep what you earn, AND the roads are still paved.
The movement is not about a political party, as much as one would want to hijack it, or another would want to ridicule it. Its about US. The American PEOPLE.
We want an end to the Fed, an end to corruption, an end to hypocrisy and cronyism.
An end to b.s., and P.C.
The ability to defend ourselves, family and property with any tools necessary. Without fear of reprisal.
The right to speak our minds.
The right to worship as we see fit.
The right to say enough is enough. We don't want you in our homes, on our streets, in our bedrooms, or in our lives.
The right to have "War is not the Answer" mean something.
The right to keep nature clean and clear, while also saying no more Enrons.
The right to know that those next to us are our citizens, members of our country.
The right of the free states to decide how they want things to be run.
The right of the people to be free from harassment or bill collecting by so call "police officers".
The representatives, to actually represent what the people want, not their own interests.
In short...
Constitutional and Bill of Rights rule.
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