Re: OT: Things that make you go hmmmm



On Oct 8, 6:56 am, Tim Daneliuk <tun...@xxxxxxxxxxxxxx> wrote:
On Oct 7, 1:25 pm, Ken Dixon <nsvmi...@xxxxxxxxxxxxx> wrote:
Business is slow so I'm sitting here pondering my navel and wondering
what makes you go Hmmmmm?
1) When there is a big sell off on Wall Street who the hell is buying
all that junk stock and if someone is buying it why is the market going
down?

The stock is not "junk". There is a credit liquidity problem and,
as I understand it, some of the big institutions are selling their
equity positions (or part of 'em) because they need cash to pay
pensions and the like. This credit liquidity problem was
necessary to cleanse the market of its gross stupidities (stupid
lenders and stupid borrowers). Unfortunately, Comrades Obama,
McCain, and all the rest of the communists in government have
decided to institute socialism and thus make the problem longer
and more painful than it otherwise would be.



2) Why, when the rule is you must have a working knowledge of the
English language to become a US citizen (and you must be a citizen to
vote), are all the ballots in my state in English, Spanish and Creole?

Because the amount of "English" you have to know to become a citizen
is minimal. Because it would be - as you know - very intolerant of
us all to insist that people coming here do what immigrants historically
were expected to do: assimilate *our* culture, not the other way around.
Also, how else would illegal immigrants be able to vote (illegally)
for Comrade Obama and his Marxist-Leninist agenda if they were expected
to actually understand English first? Are you trying to stop the
entire momentum of the liberals? Don't be silly.

Q: What's the difference between Moscow, Russia and Washington D.C?
A: There are no true communists left in Moscow.

--
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Tim Daneliuk tun...@xxxxxxxxxxxxxx
PGP Key: http://www.tundraware.com/PGP/



What rot, it has always been a function of governments in any advanced
capitalist state to subsidise and intervene in the favour of big
business. It is only now that the whole charade has blown up that the
public is finally (with a few exceptions of course) waking up to the
hypocrisy and doublespeak. In that way the proposed subsidies are as
American as apple pie. For instance, In a study published by the Cato
Institute in 2006, one is told how the federal government spent US
$92 billion subsidising business - and you prattle on about the
"free" market! Hah!

Big Farmer is heavily propped up as well. In the study Stephen
Slivinski shows that the richest 10% of subsidised farmers took 66% of
the payouts. Since 1991 huge corporations such as IBM, General
Electric, Dow Chemical, Caterpillar, Ford, Du Pont, GM, Chevron etc
etc have extracted hundreds of millions of dollars from this programme
- for example in 2006 Boeing was awarded US $4.5 in in loan-
guarantees. Are you saying that this kind of mollycoddling is
available to Mr Average running the corner store? Didn't think so.
Once you deconstruct the myths built up over the years about freedom
of the market, non-government intervention and look at the facts it is
plain as daylight - it is just a case of the rich looking after the
rich and you scratch my back ill scratch yours, to the detriment of
most honest hard-working people who aren't in a position to suckle at
the governmental teat. Total payouts to rich corporations in your
country rose from $448 billion in 1996 to $815 billion in 2003 - in
this way the handout is just business as usual (see Mark Zepezauer
"take the rich off welfare" 2004). Wal-,mart received, between 1980
and 2004, $625 Million US in payouts from local goverments to open up
stores in their areas!

"Free market" economics is basically a con - governments repeatedly
intervene on on behalf of the hoggishly rich while leaving everyone
else to fend for themselves. You as a taxpayer should be asking why on
earth you condone such corrupt and dishonest practice instead of
braying about Communism (of which you know very little).
Peter.
.



Relevant Pages

  • Re: OT: Things that make you go hmmmm
    ... all that junk stock and if someone is buying it why is the market going ... one is told how the federal government spent US ... plain as daylight - it is just a case of the rich looking after the ... intervention and have been for many years. ...
    (alt.smokers.pipes)
  • Re: OT: Things that make you go hmmmm
    ... all that junk stock and if someone is buying it why is the market going ... one is told how the federal government spent US ... plain as daylight - it is just a case of the rich looking after the ... intervention and have been for many years. ...
    (alt.smokers.pipes)
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