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Thread: US unemployment rate reaches 7.6%

  1. #111
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    Re: US unemployment rate reaches 7.6%

    Quote Originally Posted by Maximus Zeebra View Post
    I did just report the news.. I never denied analyzing the news as well.
    You claimed that you "just reported".
    "Just reporting" precludes analysis.

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    Re: US unemployment rate reaches 7.6%

    Quote Originally Posted by Goobieman View Post
    Then I suggest you criticize the various 'stimulus' packages being bandied about.
    I do.. I criticize ALL stimulus packages, unless the governments can afford it, and most governments in the world are indebted and cannot afford it, so I do not support any of them in reality.. I am highly disappointed when I see European governments doing bailouts and stimulus packages, I never thought they would fall into the same trap.
    Europe is illegally occupied by the US

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    Re: US unemployment rate reaches 7.6%

    Quote Originally Posted by Maximus Zeebra View Post
    That wouldnt help. Governments are the ones who made the poor decisions in the first place, and have their own poor decisions to deal with parallel to people poor decisions.
    I know, it was rhetorical...
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: US unemployment rate reaches 7.6%

    Quote Originally Posted by Goobieman View Post
    You claimed that you "just reported".
    "Just reporting" precludes analysis.
    I did just report the new.. I am denying all the things you started saying in the beginning of the thread. I also analyzed the news like I usually always do.. End of discussion, this is unimportant.
    Europe is illegally occupied by the US

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    Re: US unemployment rate reaches 7.6%

    Quote Originally Posted by Maximus Zeebra View Post
    Such a solution would surely collapse the US dollar and implode the US economy as a result.. You cant just create money out of nothing without the whole country suffering. You have to pay your debts, thats the only solution.
    A large bailout is needed immediately to preserve this countries working infrastructure and then immediate attention is required how to start gaining national profits to start paying debts

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    Re: US unemployment rate reaches 7.6%

    Quote Originally Posted by creativedreams View Post
    A large bailout is needed immediately to preserve this countries working infrastructure and then immediate attention is required how to start gaining national profits to start paying debts
    Personally I think the solution is restraint, better management, long term planning an a more sustainable economy where people live at or below their ability and rather save money than borrow and waste money.
    Also completely economic overhaul of the economic model and political reform is necessary to get beyond our current stagnative and counterproductive society.
    Europe is illegally occupied by the US

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    Re: US unemployment rate reaches 7.6%

    Quote Originally Posted by Maximus Zeebra View Post
    Personally I think the solution is restraint, better management, long term planning an a more sustainable economy where people live at or below their ability and rather save money than borrow and waste money.
    Also completely economic overhaul of the economic model and political reform is necessary to get beyond our current stagnative and counterproductive society.
    I certainly agree that there needs to be major reforms to change how our capitalistic economic cycles work.

    Otherwise we will just continue the cycle of having major depressions

  8. #118
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    Re: US unemployment rate reaches 7.6%

    Quote Originally Posted by Rodney View Post
    You continue to make good sense here. The money whore of 100% capialism is why we are here in the first place. Some control over their insatiable glut is over-due. As ugly as the word "socialsm" is in this country, perhaps its time to try it on as a means to control those who are destroying the labor class and the job market in America. The poor didn`t cause this, they only got poorer...while working. The rich will NEVER be satiated. Sorry pigs, time for a diet plan. Reagan ??? Was that the money whore who invented the trickle down economics,(economic stimulus), we are trying today. I think he also partook in crushing unions who fought for better pay, and better work conditions, for the labor class. Reagan will never be forgotten, much the same as GWB.
    This is ridiculous and smacks of class envy, which is standard operating procedure in socialist Europe.

    Sorry pigs, time for a diet
    I like your choice of words, as it reveals the typical leftist radical view. I know, I once was one and hung around your sort. When you slaughter the pigs (the geese laying the golden eggs), you slaughter those below. How in the world will making wealthy people poorer, change your life for the better?

    The above is the sickness of the left. It sounds like Communist propaganda from the 1970's.

    The wealthy are responsible for creating jobs. Not government. We're supposed to be a nation of "limited government". Suck the cash out of the market through taxes or people hiding their wealth and who gets it in the teeth? The average guy.

    Government is the problem, and it created the cornerstone of our existing problems; Fannie Mae and Freddie Mac. Forcing lenders (wealthy, greedy banks) to make risky loans, and then having these companies buy them so they could make more. Banks were forced to make loans under penalty of law. Cuomo spoke about this in 1998, and Obama pushed for these crap loans. Government intrudes into the market, and the average guy is left holding the bag for the government's attempt to use the free market as a social program.

    YouTube - How The Democrats Caused The Financial Crisis: Starring Bill Clinton's HUD Secretary Andrew Cuomo And Barack Obama; With Special Guest Appearances By Bill Clinton And Jimmy Carter

    Who creates the jobs? Those who take the risk. In Europe the unions have not only weakened their companies but have risked the workers jobs. Same in the US.

    Upward mobility in Europe is difficult because of the red tape involved. It's costly and slow. Try opening a company here, and then deal with the employees trying to tell you how to run your business.
    Last edited by zimmer; 02-11-09 at 06:56 AM.
    The Clintons are what happens...
    when you have NO MORAL COMPASS.

  9. #119
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    Re: US unemployment rate reaches 7.6%

    Quote Originally Posted by creativedreams View Post
    Quote:
    Originally Posted by Maximus Zeebra View Post
    Personally I think the solution is restraint, better management, long term planning an a more sustainable economy where people live at or below their ability and rather save money than borrow and waste money.

    Also completely economic overhaul of the economic model and political reform is necessary to get beyond our current stagnative and counterproductive society.
    I certainly agree that there needs to be major reforms to change how our capitalistic economic cycles work.

    Otherwise we will just continue the cycle of having major depressions
    Government needs restraint. That was a hallmark of the American Experiment.
    Government strong where it should be strong (national defense) and weak where it should be weak (leaving individuals and states to set their own course).

    Long term planning
    ?
    This sounds like Marx.
    Why not say 5-year plan.
    There are too many decisions in a free market for the government to plan for it.
    How do plan for innovation you can't foresee?
    Something that will change the market quickly and drastically.

    The only change to get out of stagnation is the return to the guidelines set by our Founding Fathers.
    Get government out of the way.
    Unleash the masses and the ocean of cash that is locked up in hiding.
    Let people take risk and prosper.
    Let the free market decide the winner and losers.
    Cycles happen. Recession happens. Jimmy Carter happens.
    Obama happens.

    Obama has a choice.
    Follow Reagan and the Founding fathers, or follow Obama and his European Socialists.

    Government is the problem. It confiscates wealth, siphons off a good portion, and spits out a trickle. This money would be far better managed in the hands of the people.

    JFK (R-MA) understood this as Reagan understood this.
    YouTube - Newsreel - Kennedy Tax Cut Bill
    The Clintons are what happens...
    when you have NO MORAL COMPASS.

  10. #120
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    Re: US unemployment rate reaches 7.6%

    Quote Originally Posted by creativedreams View Post
    A large bailout is needed immediately to preserve this countries working infrastructure and then immediate attention is required how to start gaining national profits to start paying debts
    No... Just going on like usual is useless.. We have to make fiscal restraint, we have to live more sustainable lives with focus on other things than just borrowing to buy things we do not need.
    We do not need immediate bailouts and stimulus. We need long term government assistance and long term planning to make the economy sustainably grow, alongside natural growth and development that should occur. In other words, more state involvement in the long term, but take care of our problems that we have now, instead of forgetting them and stimulating the unsustainable economy that we have now. Sooner or later we have to adjust anyways, if that is by ourselves, an economic implosion or a worthless currency/hyperinflation, it will happen.
    Europe is illegally occupied by the US

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