Oh? So you buy into a superiority complex? It's people with this sort of mentality that destroy liberty and justice. We as a people are equal under the law in the United States.
Quote from "HARDCOREPOORE" »
all you guys are doing is putting words into my (fingers?) mouth whatever.
Are we? It seems that we respond by directly quoting you.
Quote from "HARDCOREPOORE" »
obama is stealing money from the american people what dont you get about that.
they found a loophole in the system and exploited it (fact)
touche, cut ur looses and thats it.
Link to the source of this twaddle speak. Stealing implies illigality of actions. I don't recall seeing anything about him breaking into banks or homes.
Forking from this, however, I don't think Obama is doing a very good job with is new plans and many of his propositions beg to question the motive behind his actions. I am not a huge fan of Obama, I was even less of a fan of McCain. When you have to pick between the evil of two lessers everybody loses. (yes, I changed that cliche purposefully)
Quote from "HARDCOREPOORE" »
if obama takes money from these people, whats to stop him from taking avg joes life savings
Um, what?
I would also like to point out the fact that you do not touch on the meat of the subject. We provide solid counter evidence to your argument yet your constantly pick out small pieces to disagree with. This is a terrible way to argue.
Oh? So you buy into a superiority complex? It's people with this sort of mentality that destroy liberty and justice. We as a people are equal under the law in the United States.
under law, but mentally and physically people are not equal
Link to the source of this twaddle speak. Stealing implies illigality of actions. I don't recall seeing anything about him breaking into banks or homes.
they didnt steal anything, billions of dollars were givin to them.
I would also like to point out the fact that you do not touch on the meat of the subject. We provide solid counter evidence to your argument yet your constantly pick out small pieces to disagree with. This is a terrible way to argue.
im not arguing anything, im just telling you guys the truth. this is the first step, the first step to the government fucking everyone.
its just like a drinking problem, it starts off with that first drink and slowly escliades then BAM what the fuck happend?
Rollback Post to RevisionRollBack
DIABLO = DEVIL its not supposed to be a nice game autostats are rediclous lack of pots is not welcome if it aint broke dont fix it! (diablo2)
Do you have 60 minutes and want know how we came to this mess? To truly understand it you need to know the history of money and in this case the history of the US dollar. Then you will know how we have been slowly robbed of our wealth and why this moment was inevitable.
Dr. Lawrence Parks give a presentation that does just this. It simply is angering to think of where were and where we have come to. The history of the US dollar, how we got robbed, how this economic mess was destined to happen, and why change is unlikely with our current system. http://montanasoundmoney.org/parksvideo.html
Do you have 60 minutes and want know how we came to this mess? To truly understand it you need to know the history of money and in this case the history of the US dollar. Then you will know how we have been slowly robbed of our wealth and why this moment was inevitable.
Dr. Lawrence Parks give a presentation that does just this. It simply is angering to think of where were and where we have come to. The history of the US dollar, how we got robbed, how this economic mess was destined to happen, and why change is unlikely with our current system. http://montanasoundmoney.org/parksvideo.html
Can't recommend it enough
This is a slice of the pie most definitely. There are so many factors, though, that it's really difficult to see a whole picture without really stepping back from it all.
Currently I'm in college studying Political Economics and this touches many factors we've covered. Money and the US dollar is a problem that works in tandem with the policies that revolve around it. It's a shame that there is no vaccine for this economic virus.
under law, but mentally and physically people are not equal
Now you're comparing categories again. There is a difference between comparing people and comparing their physical or mental prowess (again, what areas? Running? Boxing? IQ? Memory capacity?).
This is a slice of the pie most definitely. There are so many factors, though, that it's really difficult to see a whole picture without really stepping back from it all.
Currently I'm in college studying Political Economics and this touches many factors we've covered. Money and the US dollar is a problem that works in tandem with the policies that revolve around it. It's a shame that there is no vaccine for this economic virus.
You're right it's not all encompassing, too many players to cover that in one hour. Lobbyists are the Grima Wormtongue's of policy, and bipartisan effort only happens when both sides of the isle are paid. I know because the company I work at has government contracts in healthcare Medicare and Medicaid. We actually save the government money but our CEO and legal team have had to go to Washington to get both sides to understand that. But before they would even listen we had to pay both sides (their causes of course), and we had to pay more to both sides to get them both to agree.
Our CEO is amazed at the process, she is really concerned about how our country's political system works because it's a mess. If our system is the best in the world then she is scared how it works for the rest of the world. It takes a few thousand just get a lobbyist to hear you in a group setting. It takes about $50/k to meet with your representative in a group setting, and were talking about 20 to 30 people at a time, so you have just minutes to get your point across to whomever your state representative is with a bunch of others there listening to you. This has to be done twice, once for each side of the political isle every time they go to DC.
oi guys, im writing a paper on the economy and how the current branches of govt are working to fix it and so on and so forth...(obama's plan)
im in a bit of writers jam atm.
im stuck on alternative approaches to fixing it (not whats being done currently)
and im stuck on some good sources for the paper, as well as what the govt did in the past to help slow down and recover from the great depression. (im not from america so this part is especially hard)
Vegas, you seem to know a bit (:P) any ideas guys?
Rollback Post to RevisionRollBack
Remember the String of Ears
"to the worm in horseradish, the world is horseradish."
oi guys, im writing a paper on the economy and how the current branches of govt are working to fix it and so on and so forth...(obama's plan)
im in a bit of writers jam atm.
im stuck on alternative approaches to fixing it (not whats being done currently)
and im stuck on some good sources for the paper, as well as what the govt did in the past to help slow down and recover from the great depression. (im not from america so this part is especially hard)
Vegas, you seem to know a bit (:P) any ideas guys?
Oh yeah, I'll pound something out later tonight on this, doing the job thing now but first I would start with the video I referenced several posts back. It will give one aspect of what the crisis is, a large part many are ignoring right now.
Look up videos on Youtube where Ron Paul is speaking.
This is a really intelligent man when it comes to problems within the US and especially concerning our economy.
Rollback Post to RevisionRollBack
Watching 240 guys talk trash about cavaliers is like two retards having a slapfight over a sippy cup.
Alternatives without help from the federal government is going to be pretty tough. You have to keep these companies afloat as much as you have to stop the bleeding of a car accident victim. Simply put, the government, or the United States, cannot allow these companies to fail
Vegas, you seem to know a bit (:P) any ideas guys?
Here be me input matey! But first I would consider your professor, is your professor open for any solution or do he/she have economic path they want you to take? This can be a politically charged topic where people have strong opinions and that might determine how receptive they are. I know some professors can get testy about things like that.
With that said I believe the Austrians will be proven right in the long run some of the more noted were the ones who saw this moment coming Jim Rogers, Marc Faber, Peter Schiff, Robert Kiyosaki, and Ron Paul (mentioned by 3CXOD) to name a few. They have proposed solutions but despite being credited with seeing it their solutions have gotten little attraction because they are not popular solutions, they require us taking our medicine, in essence the correction is the solution to a massive bubble market that has spun out of control for years as prescribed by Ludwig von Mises. The time we should have done something was on the drunken euphoric trip up and the aforementioned we're warning everyone about and getting laughed at and ridiculed for being Dr. Doom's.
The Austrian's propose allowing companies to fail and let the process of bankruptcy to help reset the market. This is the only way assets can properly valuate and flush bad debt from the books. Depending on who you listen to they have different ideas of what the government could do to aid, but basically the governments role should be to foster free trade and streamline the process so a quick V shaped recession could take place and the correction would last for a shorter period of time and thus a faster recovery. They argue no matter what we do the downturn is going to be painful. Bail outs, stimulus and recovery packages are attempts to not take our medicine. Such actions will only prolong the down turn and lead us into an L shaped recession not to unlike the lost generation in Japan in the 1990's complete with Zombie banks from which Japan never truly recovered. All the efforts being taken are basically ways vain attempts to reinflate artificial bubbles and prices that cannot persist.
Indeed today we see that the largest bailed out banks are already undead entities on government life support no one has faith in anymore. By keeping these entities alive along with all their toxic debt no investor will place money in assets that can't be properly valuated.
Proponents Keynesian approach argue just because someone saw it does not equate to having solutions and simply submit their solutions are not solutions but do so without qualification. On the Keynesian side the poster child has been Paul Krugman because he won a Nobel Prize for his work on trade patterns. I agree and disagree with Krugman on varying points but a few things to consider which I find hard to resolve:
He did not anticipate this crisis reaching this level, as he states in his 10.26.08 blog commentary
But he has since attempted to suggest he was as close as anyone was to it. Paul Krugman was on the 'Washington Journal' (a four part series) In part 2 starting at 5:35 a caller calls Krugman out for representing Keynesian views and for not seeing this crisis where the Austrians and people like Peter Schiff did.
What does Krugman do?
All he does scoffs and says "Boy I don't even want to go into the Austrian stuff, it's a not a major school but look uhm what can you say I was closer to this than the bulk of the people who were giving pronouncements about the economy, I saw the housing bubble, I saw the bursting of the housing bubble was going to be nasty"
That isn't much of a defense, personally I think of you want a voice in the crisis solution you should have been wise enough to see it coming. In all his commentaries and appearances I have not heard one thing about where the US is going to get the money to pay for all this deficit spending. Obviously we're borrowing it from China but no one wants to talk about the long term implications of this, the Keynesian's mildly acknowledge the long term debt is a problem but with light reverence.
We do however hear much about how we need to put America back to work and that Obama can create government jobs and infrastructure spending. But those who argue this again don't ask with what money? They don't consider that all government jobs while honest work is a burden to the tax payer and eventually if allowed to grow too large become a system that feeds on itself destructively. Unlike free trade inviting fresh money based on competition, supply, and demand. They believe deficit spending is a path out of this mess, I disagree. If you start with the 1 hour video I mentioned in my previous post by Dr. Lawrence Parks you can see there are fundamental problems that date 30 plus years back that are compounding our troubles.
We have two crisis problems
1) a dollar crisis and this is a fundamental problem, we now operate on a house of fiat currency cards and no one is looking to fix it. There have been over 3800 fiat currencies though out history and all have failed. With a winning tack record of 3800+ losses 0 wins, the prospects of the dollar surviving this time around is also zero. In the US alone we saw the Continental fail, and the US Greenback dollar fail. The Federal Reserve Note will too it's just a matter of time.
2) We have a foreign debt problem in 2005, U.S. interest payments on foreign debt topped the $100 billion mark for the first time - coming in at $114 billion dollars breaking down to $310 million per day, according to Joseph Quinlan, Bank of America's chief market strategist. This equates to more than $1 per day for every person in America. So all this additional deficit spending which the left bemoaned as Bush spent like a liberal on steroids running two wars while lowering taxes, suddenly and conveniently they now see this type action as a solution to the problem. They think now somehow punch through our economic problems if we just spend enough money! (BTW I voted for Obama, that usually makes most Democrat's heads snap after I say stuff like the above)
Conventional wisdom says if you are in a hole you stop digging, tighten the belt and pay down your debt, but not here. Keynesian's however are pumping the idea that even the basic concepts of global economics are too complex for the average person to understand. Kind of like those complex derivatives only advanced mathematicians could decipher that helped to blow up the economy. Certainly every industry has details and complexities only the professionals understand but the basic concepts should not be hard to grasp. At the end of the day it's still money in money out.
Stimulus Has Never Worked
"We are spending more money than we have ever spent before, and it does not work. After eight years we have just as much unemployment as when we started, and an enormous debt to boot." - US Treasury Secretary, We are spending more money than we have ever spent before, loyal secretary of the Treasury to President Franklin D. Roosevelt - and key architect of FDR's New Deal. May, 1939
Stimulus supporters would love nothing better than to bury that quote. It comes from Morgenthau's personal diary.
I mention this because many reference FDR's New Deal as a justification for today's stimulus, so it behooves us to listen to the architect of the new deal. The depression lasted 10 to 12 years and while FDR did not cause it he was not very successful in pulling the nation out of it, there were 2 New Deals and both failed, it took WWII to pull us out of it.
Want an interesting take on this, Michael Maloney is pro gold and silver and while some disagree with his take on gold and silver his use of the FED's own charts are compelling to say the least, and show that the problem is larger than most fathom.
Well there you have it, I could type a hell of lot more but that should give a fair amount of material to work from, I would recommend looking at all the links I have provided to give you a fuller perspective. After seeing all that you should have a bang up paper.
If you are bold and want to invest 3 well spent hours, then Chris Martenson's "Crash Course on Economics" is probably one of the most important presentations you can watch for the next 20 years, he talks about the 3 E's, Energy, Environment, and Economy. No matter how you cut it, were in for a hell of ride. http://www.chrismartenson.com/
They almost didn't know this was coming, Kondratieff waves
Nikolai Dmyitriyevich Kondratieff told them 70 years ago, many today knew for 20 or more years http://www.kwaves.com/kond_overview.htm
bloody brilliant my good friend!! well done, thats a proper looking paper now!
i really needed those last few about FDR and the new deal. i was briefly taught that it created jobs and helped the economy, but i see that it wasnt as helpful s advertised now...
the bit on letting the banks fail was absolutely clutch too.
well done...youve saved me loads of trouble, ive only found one good article and it gets dwarfed by this new light...thanks mate.
Rollback Post to RevisionRollBack
Remember the String of Ears
"to the worm in horseradish, the world is horseradish."
You're right it's not all encompassing, too many players to cover that in one hour. Lobbyists are the Grima Wormtongue's of policy, and bipartisan effort only happens when both sides of the isle are paid. I know because the company I work at has government contracts in healthcare Medicare and Medicaid. We actually save the government money but our CEO and legal team have had to go to Washington to get both sides to understand that. But before they would even listen we had to pay both sides (their causes of course), and we had to pay more to both sides to get them both to agree.
Our CEO is amazed at the process, she is really concerned about how our country's political system works because it's a mess. If our system is the best in the world then she is scared how it works for the rest of the world. It takes a few thousand just get a lobbyist to hear you in a group setting. It takes about $50/k to meet with your representative in a group setting, and were talking about 20 to 30 people at a time, so you have just minutes to get your point across to whomever your state representative is with a bunch of others there listening to you. This has to be done twice, once for each side of the political isle every time they go to DC.
One of the brilliant parts of my upper-division POE classes was the "honor" of meeting such characters. We met several mayors, the governor, the Attorney General, various other government workers and last but not least... a lobbyist.
The lobbyist strikes the most vivid memory because of his personality. It seemed almost comical because he had so much energy. He was extremely enthused about his line of work and in all honesty, this made me quite suspicious. I had preconceived notions about lobbyist prior to this guest appearance, but his antics confirmed many of my fears.
And yes, you're completely right about playing both sides of the table. It was astonishing when I learned that the politics digs it's nails deep into the arteries of the state. Lobbyists, again, are only one small part of the big puzzle but they are most certainly a very annoying thorn that nobody seems to be able to dislodge. It is staggering how much power lobbyists have in light of legislation. And representatives! Gosh, that's a whole extra tier that must be persuaded.... it's utter chaos.
Quote from "VegasRage" »
The Austrian's propose allowing companies to fail and let the process of bankruptcy to help reset the market.
And I think both you and I know exactly why the United States isn't allowing these companies to die. both out of fear and out of the fact that more power is in the hands of major corporations than the legislative bodies that were given the enumerated rights.
When you began your bleat about intelligence.
Oh? So you buy into a superiority complex? It's people with this sort of mentality that destroy liberty and justice. We as a people are equal under the law in the United States.
Are we? It seems that we respond by directly quoting you.
Link to the source of this twaddle speak. Stealing implies illigality of actions. I don't recall seeing anything about him breaking into banks or homes.
Forking from this, however, I don't think Obama is doing a very good job with is new plans and many of his propositions beg to question the motive behind his actions. I am not a huge fan of Obama, I was even less of a fan of McCain. When you have to pick between the evil of two lessers everybody loses. (yes, I changed that cliche purposefully)
Um, what?
I would also like to point out the fact that you do not touch on the meat of the subject. We provide solid counter evidence to your argument yet your constantly pick out small pieces to disagree with. This is a terrible way to argue.
under law, but mentally and physically people are not equal
Link to the source of this twaddle speak. Stealing implies illigality of actions. I don't recall seeing anything about him breaking into banks or homes.
they didnt steal anything, billions of dollars were givin to them.
I would also like to point out the fact that you do not touch on the meat of the subject. We provide solid counter evidence to your argument yet your constantly pick out small pieces to disagree with. This is a terrible way to argue.
im not arguing anything, im just telling you guys the truth. this is the first step, the first step to the government fucking everyone.
its just like a drinking problem, it starts off with that first drink and slowly escliades then BAM what the fuck happend?
its not supposed to be a nice game
autostats are rediclous
lack of pots is not welcome
if it aint broke dont fix it! (diablo2)
Seriously man. You're looking way too much into it. You're starting to sound like one of those nut-job conspiracy theorist. lol
CyberPunk RP Nexus
Dr. Lawrence Parks give a presentation that does just this. It simply is angering to think of where were and where we have come to. The history of the US dollar, how we got robbed, how this economic mess was destined to happen, and why change is unlikely with our current system.
http://montanasoundmoney.org/parksvideo.html
Can't recommend it enough
This is a slice of the pie most definitely. There are so many factors, though, that it's really difficult to see a whole picture without really stepping back from it all.
Currently I'm in college studying Political Economics and this touches many factors we've covered. Money and the US dollar is a problem that works in tandem with the policies that revolve around it. It's a shame that there is no vaccine for this economic virus.
Now you're comparing categories again. There is a difference between comparing people and comparing their physical or mental prowess (again, what areas? Running? Boxing? IQ? Memory capacity?).
You're right it's not all encompassing, too many players to cover that in one hour. Lobbyists are the Grima Wormtongue's of policy, and bipartisan effort only happens when both sides of the isle are paid. I know because the company I work at has government contracts in healthcare Medicare and Medicaid. We actually save the government money but our CEO and legal team have had to go to Washington to get both sides to understand that. But before they would even listen we had to pay both sides (their causes of course), and we had to pay more to both sides to get them both to agree.
Our CEO is amazed at the process, she is really concerned about how our country's political system works because it's a mess. If our system is the best in the world then she is scared how it works for the rest of the world. It takes a few thousand just get a lobbyist to hear you in a group setting. It takes about $50/k to meet with your representative in a group setting, and were talking about 20 to 30 people at a time, so you have just minutes to get your point across to whomever your state representative is with a bunch of others there listening to you. This has to be done twice, once for each side of the political isle every time they go to DC.
Gold. I didn't even read the rest of your post after I saw this. But it must all be true!
"Losers always whine about their best, winners go home and Fvck the prom queen."
im in a bit of writers jam atm.
im stuck on alternative approaches to fixing it (not whats being done currently)
and im stuck on some good sources for the paper, as well as what the govt did in the past to help slow down and recover from the great depression. (im not from america so this part is especially hard)
Vegas, you seem to know a bit (:P) any ideas guys?
"to the worm in horseradish, the world is horseradish."
Oh yeah, I'll pound something out later tonight on this, doing the job thing now but first I would start with the video I referenced several posts back. It will give one aspect of what the crisis is, a large part many are ignoring right now.
Look up videos on Youtube where Ron Paul is speaking.
This is a really intelligent man when it comes to problems within the US and especially concerning our economy.
Here be me input matey! But first I would consider your professor, is your professor open for any solution or do he/she have economic path they want you to take? This can be a politically charged topic where people have strong opinions and that might determine how receptive they are. I know some professors can get testy about things like that.
With that said I believe the Austrians will be proven right in the long run some of the more noted were the ones who saw this moment coming Jim Rogers, Marc Faber, Peter Schiff, Robert Kiyosaki, and Ron Paul (mentioned by 3CXOD) to name a few. They have proposed solutions but despite being credited with seeing it their solutions have gotten little attraction because they are not popular solutions, they require us taking our medicine, in essence the correction is the solution to a massive bubble market that has spun out of control for years as prescribed by Ludwig von Mises. The time we should have done something was on the drunken euphoric trip up and the aforementioned we're warning everyone about and getting laughed at and ridiculed for being Dr. Doom's. The Austrian's propose allowing companies to fail and let the process of bankruptcy to help reset the market. This is the only way assets can properly valuate and flush bad debt from the books. Depending on who you listen to they have different ideas of what the government could do to aid, but basically the governments role should be to foster free trade and streamline the process so a quick V shaped recession could take place and the correction would last for a shorter period of time and thus a faster recovery. They argue no matter what we do the downturn is going to be painful. Bail outs, stimulus and recovery packages are attempts to not take our medicine. Such actions will only prolong the down turn and lead us into an L shaped recession not to unlike the lost generation in Japan in the 1990's complete with Zombie banks from which Japan never truly recovered. All the efforts being taken are basically ways vain attempts to reinflate artificial bubbles and prices that cannot persist.
Indeed today we see that the largest bailed out banks are already undead entities on government life support no one has faith in anymore. By keeping these entities alive along with all their toxic debt no investor will place money in assets that can't be properly valuated. Proponents Keynesian approach argue just because someone saw it does not equate to having solutions and simply submit their solutions are not solutions but do so without qualification. On the Keynesian side the poster child has been Paul Krugman because he won a Nobel Prize for his work on trade patterns. I agree and disagree with Krugman on varying points but a few things to consider which I find hard to resolve:
He did not anticipate this crisis reaching this level, as he states in his 10.26.08 blog commentary But he has since attempted to suggest he was as close as anyone was to it. Paul Krugman was on the 'Washington Journal' (a four part series) In part 2 starting at 5:35 a caller calls Krugman out for representing Keynesian views and for not seeing this crisis where the Austrians and people like Peter Schiff did. That isn't much of a defense, personally I think of you want a voice in the crisis solution you should have been wise enough to see it coming. In all his commentaries and appearances I have not heard one thing about where the US is going to get the money to pay for all this deficit spending. Obviously we're borrowing it from China but no one wants to talk about the long term implications of this, the Keynesian's mildly acknowledge the long term debt is a problem but with light reverence. We do however hear much about how we need to put America back to work and that Obama can create government jobs and infrastructure spending. But those who argue this again don't ask with what money? They don't consider that all government jobs while honest work is a burden to the tax payer and eventually if allowed to grow too large become a system that feeds on itself destructively. Unlike free trade inviting fresh money based on competition, supply, and demand. They believe deficit spending is a path out of this mess, I disagree. If you start with the 1 hour video I mentioned in my previous post by Dr. Lawrence Parks you can see there are fundamental problems that date 30 plus years back that are compounding our troubles. We have two crisis problems
1) a dollar crisis and this is a fundamental problem, we now operate on a house of fiat currency cards and no one is looking to fix it. There have been over 3800 fiat currencies though out history and all have failed. With a winning tack record of 3800+ losses 0 wins, the prospects of the dollar surviving this time around is also zero. In the US alone we saw the Continental fail, and the US Greenback dollar fail. The Federal Reserve Note will too it's just a matter of time.
2) We have a foreign debt problem in 2005, U.S. interest payments on foreign debt topped the $100 billion mark for the first time - coming in at $114 billion dollars breaking down to $310 million per day, according to Joseph Quinlan, Bank of America's chief market strategist. This equates to more than $1 per day for every person in America. So all this additional deficit spending which the left bemoaned as Bush spent like a liberal on steroids running two wars while lowering taxes, suddenly and conveniently they now see this type action as a solution to the problem. They think now somehow punch through our economic problems if we just spend enough money! (BTW I voted for Obama, that usually makes most Democrat's heads snap after I say stuff like the above)
Conventional wisdom says if you are in a hole you stop digging, tighten the belt and pay down your debt, but not here. Keynesian's however are pumping the idea that even the basic concepts of global economics are too complex for the average person to understand. Kind of like those complex derivatives only advanced mathematicians could decipher that helped to blow up the economy. Certainly every industry has details and complexities only the professionals understand but the basic concepts should not be hard to grasp. At the end of the day it's still money in money out.
Stimulus Has Never Worked Stimulus supporters would love nothing better than to bury that quote. It comes from Morgenthau's personal diary.
I mention this because many reference FDR's New Deal as a justification for today's stimulus, so it behooves us to listen to the architect of the new deal. The depression lasted 10 to 12 years and while FDR did not cause it he was not very successful in pulling the nation out of it, there were 2 New Deals and both failed, it took WWII to pull us out of it. Want an interesting take on this, Michael Maloney is pro gold and silver and while some disagree with his take on gold and silver his use of the FED's own charts are compelling to say the least, and show that the problem is larger than most fathom. Well there you have it, I could type a hell of lot more but that should give a fair amount of material to work from, I would recommend looking at all the links I have provided to give you a fuller perspective. After seeing all that you should have a bang up paper.
If you are bold and want to invest 3 well spent hours, then Chris Martenson's "Crash Course on Economics" is probably one of the most important presentations you can watch for the next 20 years, he talks about the 3 E's, Energy, Environment, and Economy. No matter how you cut it, were in for a hell of ride.
http://www.chrismartenson.com/
They almost didn't know this was coming, Kondratieff waves
Nikolai Dmyitriyevich Kondratieff told them 70 years ago, many today knew for 20 or more years
http://www.kwaves.com/kond_overview.htm
i really needed those last few about FDR and the new deal. i was briefly taught that it created jobs and helped the economy, but i see that it wasnt as helpful s advertised now...
the bit on letting the banks fail was absolutely clutch too.
well done...youve saved me loads of trouble, ive only found one good article and it gets dwarfed by this new light...thanks mate.
"to the worm in horseradish, the world is horseradish."
One of the brilliant parts of my upper-division POE classes was the "honor" of meeting such characters. We met several mayors, the governor, the Attorney General, various other government workers and last but not least... a lobbyist.
The lobbyist strikes the most vivid memory because of his personality. It seemed almost comical because he had so much energy. He was extremely enthused about his line of work and in all honesty, this made me quite suspicious. I had preconceived notions about lobbyist prior to this guest appearance, but his antics confirmed many of my fears.
And yes, you're completely right about playing both sides of the table. It was astonishing when I learned that the politics digs it's nails deep into the arteries of the state. Lobbyists, again, are only one small part of the big puzzle but they are most certainly a very annoying thorn that nobody seems to be able to dislodge. It is staggering how much power lobbyists have in light of legislation. And representatives! Gosh, that's a whole extra tier that must be persuaded.... it's utter chaos.
I believe a Sweden took this approach with a car manufacturing company (Saab).
http://www.iht.com/articles/2009/03/23/europe/23saab.php
And I think both you and I know exactly why the United States isn't allowing these companies to die. both out of fear and out of the fact that more power is in the hands of major corporations than the legislative bodies that were given the enumerated rights.