RE: Reuters: A soft patch or something worse?

RE: Reuters: A soft patch or something worse? (Full Version)

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subfever -> RE: Reuters: A soft patch or something worse? (4/18/2011 10:42:31 AM)
FR The monetary-economic system is simply not sustainable, as it is based upon an infinite growth model. It's just a matter of time before it finally collapses, if allowed to continue to that point. While the manipulations of the elite may delay the inevitable collapse of the current system to some degree, they cannot prevent it indefinitely. The current system was useful and viable for many years. However, the elite is well aware that the system is approaching the threshold of reaching its saturation point, and therefore has outlived its usefulness. For the time being, they must maintain social order with rhetoric and propaganda, until they implement their agenda. The key questions are: What do they intend to replace the current system with, and still maintain their power and control? Is it possible to change the system and still maintain social order? Will the masses become expendable under their new paradigm? Will the masses awaken and become a viable influence of change before it's too late, or will they continue moving forward blindly and have zero effect upon what eventually unfolds?

mnottertail -> RE: Reuters: A soft patch or something worse? (4/18/2011 10:50:17 AM)
I see in the near future a crisis approaching that unnerves me and cause me to tremble for safety of my country; corporations have been enthroned, an era of corruption in High Places will follow, and the Money Power of the country will endeavor to prolong its reign by working upon the prejudices of the People, until the wealth is aggregated in a few hands, and the Republic destroyed. ABRAHAM LINCOLN, letter to Col. William F. Elkins, Nov. 21, 1864 I am glad to know that there is a system of labor where the laborer can strike if he wants to. I wish to God that such a system prevailed all over the world. ABRAHAM LINCOLN, speech, Mar. 5, 1860 *TA DUNK* Under the bus with this bearded socialist bastard!!!!!!

Marini -> RE: Reuters: A soft patch or something worse? (4/18/2011 10:55:49 AM)
quote: ORIGINAL: mnottertail I see in the near future a crisis approaching that unnerves me and cause me to tremble for safety of my country; corporations have been enthroned, an era of corruption in High Places will follow, and the Money Power of the country will endeavor to prolong its reign by working upon the prejudices of the People, until the wealth is aggregated in a few hands, and the Republic destroyed. ABRAHAM LINCOLN, letter to Col. William F. Elkins, Nov. 21, 1864 I am glad to know that there is a system of labor where the laborer can strike if he wants to. I wish to God that such a system prevailed all over the world. ABRAHAM LINCOLN, speech, Mar. 5, 1860 *TA DUNK* Under the bus with this bearded socialist bastard!!!!!! [sm=applause.gif] A man 150 years before his time.

Sanity -> RE: Reuters: A soft patch or something worse? (4/18/2011 10:59:06 AM)
I am just glad I dont have to work with someone with your attitude, and I wonder why you feel like youre so worthless that you cant earn over five dollars per day without a shop steward running interference for you. Where do you think the jobs have gone, waht with all the mouthy violent union goons and worthless bureaucrats holding up endless hoops for employers to jump through we have you would think the good paying jobs would come looking for us quote: ORIGINAL: Marini lol Sanity, people like me? Yes, we need unions to protect us against soulless greedy bastards that would have us all working in the slave like conditions they create in most of the 3rd world factories. We all should be thankful to work for $5 a day! That would buy us 1 gallon of gas. Sanity, where are the jobs these days? How is our great and growing wonderful economy doing, dude? Happy Monday! Happy Spring Break to me!

Sanity -> RE: Reuters: A soft patch or something worse? (4/18/2011 11:05:42 AM)
Sorry to be the one to have to break this to you mnot, but Lincoln never wrote that. quote: ORIGINAL: mnottertail I see in the near future a crisis approaching that unnerves me and cause me to tremble for safety of my country; corporations have been enthroned, an era of corruption in High Places will follow, and the Money Power of the country will endeavor to prolong its reign by working upon the prejudices of the People, until the wealth is aggregated in a few hands, and the Republic destroyed. ABRAHAM LINCOLN, letter to Col. William F. Elkins, Nov. 21, 1864 I am glad to know that there is a system of labor where the laborer can strike if he wants to. I wish to God that such a system prevailed all over the world. ABRAHAM LINCOLN, speech, Mar. 5, 1860 *TA DUNK* Under the bus with this bearded socialist bastard!!!!!!

mnottertail -> RE: Reuters: A soft patch or something worse? (4/18/2011 11:06:00 AM)
How exactly is it wrong to value the dignity and industry of actual labor? Hey, Mr. Corporation-ASS, I want a caddillac in the driveway just like you do, and I work for it. I want a lake cottage just like you do, and I work for it. I want a bonus to retain my talents just like you do, and I work for it. I want to feed and clothe my family just like you do, and I work for it. I want an ability to advance myself, just like you do, and I work for it. I want a house just like you do, and I work for it. I want my kids to have a better life than I had, and I work for it. Is there something wrong with grabbing a large slice of the American dream? When exactly did that become unpatriotic??

joether -> RE: Reuters: A soft patch or something worse? (4/18/2011 11:07:03 AM)
When you guys and gals arrive at a real question, based on facts and not fantasy, let me know. As some of you are conservatives and as such, can't admit to the responsibility that you helped allow the economy to become bad in the first place. Independents get 'nailed' for voting Republicans due to fear, ignorance, and just plain stuidity. You created a large part of this mess, and lack the ability to be an adult to take responibility for it. Is the economy becoming worst? Not really. Many of you seem to look short term and based HUGE amounts of information. Why don't you observe what the folks who are investing, purchasing and studying are doing. Do you see them behaving like you? Running in aimless circles, flailing their arms in all directions, screaming at the top of their lungs, while foaming at the mouth with mindless ramblings of 'the sky is falling'? Course not. They not only understand the business enviroment but taking the steps needed to improve things. Some of them, are doing it to improve themselves only (like the Koch brothers...). The economy is doing better each day. You can believe the opposite, but dont expect to be taken seriously. If you want the nation as a whole to do better and keep corporations from turning this nation into a technocracy, vote what the Democrats are doing. If you want to be fed more mindless bullcrap, be enslaved to a real master (both in mind and body), and have the nation as we known and love go to crap....vote the Republican's plan.

hlen5 -> RE: Reuters: A soft patch or something worse? (4/18/2011 11:07:57 AM)
Isn't this pretty much the same situation before the crash of 1929(or for that matter, before the French Revolution)? Money in the hands of the oligarchy/plutocracy(plutarchy)? With every country so enmeshed with every other country, I worry a MAJOR course correction ahead.

subfever -> RE: Reuters: A soft patch or something worse? (4/18/2011 11:12:59 AM)
While there is debate whether Mr. Lincoln uttered these words, little doubt remains that he was one of the best friends in high places that labor ever had. [image]local://upfiles/29550/EEFFED80572F40A3885F550FFC970620.jpg[/image]

hlen5 -> RE: Reuters: A soft patch or something worse? (4/18/2011 11:16:59 AM)
quote: ORIGINAL: subfever While there is debate whether Mr. Lincoln uttered these words, little doubt remains that he was one of the best friends in high places that labor ever had. [image]local://upfiles/29550/EEFFED80572F40A3885F550FFC970620.jpg[/image] Isn't the text here verbatim within the Snopes article? The last line said Lincoln believed labor would work themselves up to becoming capitalists themselves. He believed in Individual Liberty.

mnottertail -> RE: Reuters: A soft patch or something worse? (4/18/2011 11:17:11 AM)
quote: ORIGINAL: Sanity Sorry to be the one to have to break this to you mnot, but Lincoln never wrote that. quote: ORIGINAL: mnottertail I see in the near future a crisis approaching that unnerves me and cause me to tremble for safety of my country; corporations have been enthroned, an era of corruption in High Places will follow, and the Money Power of the country will endeavor to prolong its reign by working upon the prejudices of the People, until the wealth is aggregated in a few hands, and the Republic destroyed. ABRAHAM LINCOLN, letter to Col. William F. Elkins, Nov. 21, 1864 I am glad to know that there is a system of labor where the laborer can strike if he wants to. I wish to God that such a system prevailed all over the world. ABRAHAM LINCOLN, speech, Mar. 5, 1860 *TA DUNK* Under the bus with this bearded socialist bastard!!!!!! I see that there is a disagreement that he wrote the first, nothing absolutely definitive though, but I actually have better quotes.

Sanity -> RE: Reuters: A soft patch or something worse? (4/18/2011 11:19:52 AM)
When "labor" makes unreasonable demands and forces the golden goose to have to choose between flying South or dying, "labor" is cutting its own throat, as it has been doing for some time now. Blame it on the evil greedy employer though, pour on the hate and drive whatever jobs may be left away. quote: ORIGINAL: subfever While there is debate whether Mr. Lincoln uttered these words, little doubt remains that he was one of the best friends in high places that labor ever had. [image]local://upfiles/29550/EEFFED80572F40A3885F550FFC970620.jpg[/image]

hlen5 -> RE: Reuters: A soft patch or something worse? (4/18/2011 11:22:23 AM)
quote: ORIGINAL: Sanity When "labor" makes unreasonable demands and forces the golden goose to have to choose between flying South or dying, "labor" is cutting its own throat, as it has been doing for some time now. Can you honestly say Ceos of the fortune 500 deserve tens of millions of dollars/per year? Talk about greedy! Those kinds of decisions are starving the goose to begin with.

subfever -> RE: Reuters: A soft patch or something worse? (4/18/2011 11:26:08 AM)
quote: The economy is doing better each day. You can believe the opposite, but dont expect to be taken seriously. If you want the nation as a whole to do better and keep corporations from turning this nation into a technocracy, vote what the Democrats are doing. If you want to be fed more mindless bullcrap, be enslaved to a real master (both in mind and body), and have the nation as we known and love go to crap....vote the Republican's plan. So you still believe that this is a partisian problem? Let me be sure I understand you correctly. If we could just get those nut sucking neo-cons out of office, and replace them with your Libtards, then the economy will magically turn around and support us again. Is that basically your reasoning? If so, then please explain to me how a system based upon infinite growth can possibly be sustainable. Then also please explain to me how/why the underlying problem, i.e.; the root cause, is not systemic.

Sanity -> RE: Reuters: A soft patch or something worse? (4/18/2011 11:27:08 AM)
Are you asking me to put a worth on the best brains in the world? If so then Ill answer by telling you, theyre worth whatever the people in possession of them can get for them. And I will follow up with this, I dont want some chump jr senator or big headed bureaucrat micromanaging businesses he doesnt even begin to understand quote: ORIGINAL: hlen5 Can you honestly say Ceos of the fortune 500 deserve tens of millions of dollars/per year?

subfever -> RE: Reuters: A soft patch or something worse? (4/18/2011 11:31:37 AM)
quote: When "labor" makes unreasonable demands and forces the golden goose to have to choose between flying South or dying, "labor" is cutting its own throat, as it has been doing for some time now. Blame it on the evil greedy employer though, pour on the hate and drive whatever jobs may be left away. I advocate neither labor nor capital, but merely state that Mr Lincoln was indeed a friend of labor. You need to break out of your conditioned box, Sanity. I know you don't realise it yet, but you're just helping pull the ship down along with those Libtards you hate so much.

mnottertail -> RE: Reuters: A soft patch or something worse? (4/18/2011 11:35:52 AM)
http://www.forbes.com/2006/04/17/06ceo_worst_slide.html?thisSpeed=20000 I expect that if these folks (and even the brightest and best) had real brains, they might find a way to pay folks who actually work some money.

Edwynn -> RE: Reuters: A soft patch or something worse? (4/18/2011 11:44:12 AM)
FR About 2/3 of German workers are covered by collective bargaining. Even with just a bit more than one forth the population of the US, Germany is the second largest exporter in the world, the total being ~ $67 billion higher than the US. Damn unions.

Marini -> RE: Reuters: A soft patch or something worse? (4/18/2011 11:48:39 AM)
quote: ORIGINAL: Edwynn FR About 2/3 of German workers are covered by collective bargaining. Even with just a bit more than one forth the population of the US, Germany is the second largest exporter in the world, the total being ~ $67 billion higher than the US. Damn unions. [sm=applause.gif] Rock on baby, this place is on fire today.

Sanity -> RE: Reuters: A soft patch or something worse? (4/18/2011 5:58:34 PM)
quote: S&P warning: Fix deficit or risk credit rating WASHINGTON – A key credit agency issued an unprecedented warning to the United States government Monday, urging Washington to get a grip on its finances or risk losing the nation's sterling credit rating. For the first time, Standard & Poor's lowered its long-term outlook for the federal government's fiscal health from "stable" to "negative," and warned of serious consequences if lawmakers fail to reach a deal to control the massive federal deficit. An impasse could prompt the agency to strip the government of its top investment rating in the next two years, S&P said. A loss of the triple-A rating would ripple through the American economy, making loans more expensive and credit more difficult to obtain. The downgrade was interpreted as a rebuke to President Barack Obama and congressional Republicans, admonishing them to put politics aside and come up with a long-term financial plan as soon as possible. "This is a warning: Don't mess around," said Robert Bixby, executive director of the Concord Coalition, a nonpartisan group that is pushing for deficit reduction. Analysts at S&P have never before used the outlook to cast doubt on the nation's credit worthiness. In response, stocks suffered their worst slide in a month. The Dow Jones industrial average plunged 245 points before recovering to close down 140 points for the day. Full article here

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