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Thread: Are Obama's Policies Ushering in Era of Socialism? [EDIT]

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    Re: Is Obama steering us toward Socialism?

    Quote Originally Posted by Arch Enemy View Post
    It's called adhering to Keynesian Economic (Fiscal) Policy.
    You do not know what you are talking about.
    John Maynard Keynes was a socialist, as were his policies which are still wreaking havoc on the world today.

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    Re: Is Obama steering us toward Socialism?

    Quote Originally Posted by Defensor View Post
    John Maynard Keynes was a socialist, as were his policies which are still wreaking havoc on the world today.
    Or a Capitalist
    But it apparently does not matter anymore as individuals wish to no longer understand theories, and concepts, instead they just want to label the author as something that appears unpleasant to the majority of ignorant Americans.
    "I do not underestimate the ability of fanatical groups of terrorists to kill and destroy, but they do not threaten the life of the nation. Whether we would survive Hitler hung in the balance, but there is no doubt that we shall survive al-Qa'ida." -- Lord Hoffmann

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    Re: Are Obama's Policies Ushering in Era of Socialism? [EDIT]

    John Maynard Keynes was a socialist, as were his policies which are still wreaking havoc on the world today.
    Right, it's been proven that when both consumer and investment spending goes down, the best thing to do is stop government spending

    Out of curiosity, what was causing all the havoc during that time immediately prior to Mr Keynes writing his theses? You know, the era commonly remembered as the worst economic period in history.
    down for you is up

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    Re: Are Obama's Policies Ushering in Era of Socialism? [EDIT]

    Quote Originally Posted by Joby View Post
    Right, it's been proven that when both consumer and investment spending goes down, the best thing to do is stop government spending
    Every dollar of government spending is a dollar stolen from the pocket of a productive citizen. When consumption and investment spending go down, taxes and spending should both be cut.

    The only spending government should ever engage in is for the basic service necessities it is expected to, and not one cent more.

    Out of curiosity, what was causing all the havoc during that time immediately prior to Mr Keynes writing his theses? You know, the era commonly remembered as the worst economic period in history.
    Please be specific.

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    Re: Is Obama steering us toward Socialism?

    Quote Originally Posted by Arch Enemy View Post
    Or a Capitalist
    But it apparently does not matter anymore as individuals wish to no longer understand theories, and concepts, instead they just want to label the author as something that appears unpleasant to the majority of ignorant Americans.
    Well anyone who makes use of capital is technically a capitalist, but that has nothing to do with the fact that Lord Keynes was indeed a socialist.

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    Re: Are Obama's Policies Ushering in Era of Socialism? [EDIT]

    Quote Originally Posted by Defensor View Post
    Every dollar of government spending is a dollar stolen from the pocket of a productive citizen. When consumption and investment spending go down, taxes and spending should both be cut.
    Sounds like a plan. Let's stop allowing the government to "steal" our money. Let's see how long high-ways, the military, and fire departments stay up and running based on the donations of citizens; I'll give you a hint.. Americans are not ready to spend their money on such things, as it has to be given to them as it is declared in this fantasy called a social contract.

    The only spending government should ever engage in is for the basic service necessities it is expected to, and not one cent more.
    Oh here it is. Government should no longer tax, but be expected to provide basic services?
    Now tell me. What exactly are these basic service necessities. Last landmark de-regulation idea that passed through congress, and signed by a President caused the housing market to tumble, and thus, this recession. In my humble opinion, the survival of a capitalist system is a bare necessity.



    BTW according these ridiculous terminologies of socialism (Government playing a role in the economy) Adam Smith is a socialist.
    Last edited by Arch Enemy; 02-18-09 at 02:11 AM.
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    Re: Are Obama's Policies Ushering in Era of Socialism? [EDIT]

    Quote Originally Posted by Arch Enemy View Post
    Sounds like a plan. Let's stop allowing the government to "steal" our money. Let's see how long high-ways, the military, and fire departments stay up and running based on the donations of citizens; I'll give you a hint.. Americans are not ready to spend their money on such things, as it has to be given to them as it is declared in this fantasy called a social contract.
    The federal government runs your fire department?

    Transportation was 2% of the 2008 federal budget.

    Oh here it is. Government should no longer tax, but be expected to provide basic services?
    Now tell me. What exactly are these basic service necessities.
    In my opinion, not much, but per the Constitution there are a number of duties the federal government has. These are listed to exhaustion in the Constitution itself.

    Last landmark de-regulation idea that passed through congress, and signed by a President caused the housing market to tumble, and thus, this recession. In my humble opinion, the survival of a capitalist system is a bare necessity.
    I'm sorry, are you trying to blame the housing bubble on something other than the massive government intervention in the economy that caused it?

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    Re: Are Obama's Policies Ushering in Era of Socialism? [EDIT]

    Yes Obama is a Socialist. Yes his policies (esp social/economic/medical/etc) are Socialist.


    Good news is Americans will only put up with it for so long before they tell the pusher to go to hell.

    Obama won't usher in an era of anything. He'll be out on his ass blaming whitey by 2012.

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    Re: Are Obama's Policies Ushering in Era of Socialism? [EDIT]

    Depends on what kind of socialism you are talking about. Bush promoted socialism in the United States through neo-liberalization, and his methodologies catered to corporate socialism: bailouts, deregulation, increasing of free trade. I won't blame Bush for all the economic problems, but he was one President in a string of several who sent the United States down a deregulatory path.

    In order to patch the economy, further infusions of money are needed. The economy would head toward a depression anyway without a stimulus package, and people would be paying even more as inflation increases. So although the average joe is having to shoulder the cost of the stimulus package, it is actually a small amount compared to the decades of deficit-based spending that has caused the current situation.

    In short, Americans now have to pay their bills.

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    Re: Are Obama's Policies Ushering in Era of Socialism? [EDIT]

    For your information, Captain Obvious, please see Rule # 2 of Breaking News rules:

    2. Independent commentary and OpEd pieces are not allowed in *BN*.
    Thank you.

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