Re: Reply to PG's 1 in 3 chance of Palin....thread, maybe..............if Google lets me in


"Ken" <flakey714@xxxxxxxxxxxxx> a écrit dans le message de news:
c48f5a83-8d65-4034-a5f8-03ab9fee23ff@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
| tired posting this first on Google with my standard address, then on
| OE via Terranews, but nothing has shown up yet, so here I go (again)
|
| Don't blame me.
| I've never voted for a Repugnut, realized Ronnie was a Horse's Ass
| (and a piss poor actor) 40 years ago and
| Aw crap
| What else was I gonna say?
| Ken (now suffering from Old Timer's Disease)

It's a crazy electoral system all round in my book. You're pretty unlikely to
get to be 'leader of the free world' unless you're mega rich and/or taking
bribes from big corporations. Some notion of freedom. The Supreme Court judges
are political nominees - and they have jobs for life, short of
death/impeachment/retirement. Even state judges have to run for election, which
implies funding and cozying up to interest groups with the money to support you.
Law all round is big business, and has little to do with justice.

But I'm just having a rant after US-originated shenanigans in the financial
sector look set to plunge the world into turmoil for some time to come.
Long-predicted, bound to happen. In prosperous economic times property prices
explode, people borrow ridiculous amounts of money to pay mortgages, extend
their credit card limits, financial organisations fall over themselves to lend
sums far in excess of 'true' value (or ability to pay). Then boom turns to bust,
people can no longer afford to enter the property market or pay their existing
mortgages, property prices collapse and the financial sector is faced with
massive bad debts because the mortgages exceed current values of the property
that 'secured' the mortgage in the first place. Capitalism running riot, out of
control of our elected leaders, and now we pay the price. The knock-on effects
will be disastrous, and spread well outside the financial sector. It was always
going to happen, and anyone who didn't think so was living in cloud cuckoo land.

An oversimplification? B*ll*cks. Anyone running a household budget knows what's
waiting for them, sooner or later, if they spend more than they earn/produce.
Same applies to big nations, now matter how powerful and influential. You can
only put off the inevitable by borrowing more. The tired old argument that an
increase in the money supply leads to an expansion of the economy has just blown
up in our faces. Once again. (Remember Japan's attempt to stimulate the wilting
economy during the 90s by pumping in money? Didn't do much good to the economy
(in recession today), just massively increased the national debt that still has
to be serviced).

(Apologies for rant again).

As for posting problems, Google is always on the blink. I've lost a number of
posts too. Sometimes Google groups is completely inaccessible (was for me all
last weekend when trying to post to upa).

Free news servers such as aioe.org are best; with the likes of Outlook Express
or Thunderbird it functions pretty well.


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