America will be return to pass if start Leaving Iraq and Afganistan in soon and Cooperate Kurdish ,Tibtian and Kishmirian,Shishanian
Along with some of Wall Street's most storied firms, a certain vision of capitalism has collapsed. How we restore faith in our brand.
America will be return to pass if start Leaving Iraq and Afganistan in soon and Cooperate Kurdish ,Tibtian and Kishmirian,Shishanian
Hakim ,America will return to 10 years ago in Economic if Start leaving Iraq and Afganistan and cooperate Kshmirian and Kurdish and Shishanian
orn is just another invented issue.
All the group does is register new voters . They pay people 8 bucks a hour a help people
fill out registration forms and then turn them in. By law they are required to turn in ballots people fill out that dont seem credible. But they seperate them from the normal ballots and inform election officials when they turn them in. As a example If somone fills out a ballot that says donald duck they still have to turn that ballot in , but since there really is no donald duck and no one to show up and vote with a id that matches that registration on election day . It will zero effect on anything and all this is is a waste time
Also all ballots acorn marks as fishy are also investigated and checked against state records to make sure they are real people if not they are thrown out.
It not fraud and no one can vote without proper ID
So let move on to something that matters like the fact we are going in to the next great depression
and that mccain says he doesnt understand the economy
Can we talk about the war, the national debt <11 trillion>, The housing market, the job market,health care,global warming.
Are things so great we need to invent issues like acorn ?
or is it the gop has no answers to the mess they have created in the last 8 years?
Let talk about things that will improve our lifes and not something no one cares about.
And let throw out the poeple that created this mess
they dont deserve a chance to make things worse
Please vote early election day will be a mess
Honestly, looking at McCain and Obama objectively (without any party affiliation or any racism) I really can't see why anybody would vote for McCain. Obama has offered a much more coherent plan to get America out of the economic disaster we are in.
Right now, most people are anxious about the economy, fearing the worst but hoping for the best.
Reality check: within 18 months YOU could be standing in a bread line. That's how bad it really is. And Obama will work actively to prevent this short term, as well as make us strong again long term. As much as I like McCain and admire his patriotism, he really is not up for the job, not now with the global markets falling apart.
Obama's economic plan can be found at:
http://www.barackobama.com/issues/economy/index.php
Dear professor,
It seems to me that you have quite an obsession with "ending" things (end of history, end of america inc...). I would like to know why you have such a linear perspective. Also, productivity gains, wealth creation, competitive advantages, etc...aren't they supposed to be used to better the quality of life of the people? The world is not a theoretical model Mr. Fukuyama for you to play with. You should relax a bit after 2 decades of failed analysis and try to enjoy a long holiday and short working week.
People on these bogs are fond of saying that the current economic meltdown was caused by Fannie Mae and Freddie Mac underwriting bad mortgages. While Fannie and Freddie obviously are guilty of writing bad mortgages, and worse, guilty of lobbying Congress to allow them to do so with impunity, their actions are just a small piece of the puzzle when it comes to determining who (or what) caused the financial crisis we face today.
In 1929 the stock market crash caused the banks to fail, because the banks were in bed with the stock market. Back then, banks owned investment houses, so when the stock market fell, the banks fell too. This triggered the Great Depression. So in 1933 the Congress wrote laws that regulated banking, making it illegal for banks to own investment companies, mortgage guaranty companies or insurance companies. The idea was to keep key industries separated by a fire wall, so that if one industry failed the whole economy would not go down in flames.
But the Republicans under Bush deregulated the banking industry. Senator Phil Gramm wrote legislation (the Gramm Rudman Act, the Gramm Leach Biley Act, etc.) that stripped away the regulations in the financial and insurance industies. He pushed them through the Republican Congress and they were signed into law by Geo. W. Bush. John McCain voted in favor. Everybody said how great it is to deregulate and create free markets.
Lehman Brothers, Bear Stearns and Merrill Lynch each gave over a million dollars to Senator Gramm's re-election campaign.
The economic collapse that happened later was a direct result of the deregulation, and here's how: the banks wrote bad mortgages, then bundled the mortgages into investment vehicles that they sold all over the world, and they even got firms like AIG to insure the investments. It was all a house of cards.
If there had been no deregulation, sure we would have had a bunch of bad mortgages, and the mortgage guaranty and real estate industries would have suffered, but there would not have been a global financial meltdown, since the problem would have been contained in one sector of the economy. You can thank Geo W. Bush, Sen. Phil Gramm and Sen John McCain for the meltdown, since they were strong proponents of deregulation.
Furthermore, although Fannie and Freddie are now holding the bulk of these bad mortgages, Fannie and Freddie did not originally write most of these mortgages. They bought them after the fact, bundled by banks/investment companies. Fannie and Freddie got screwed by the Wall Street fat cats. And so did you, if you pay taxes.
What is Phil Gramm doing today? He works as a lobbyist in Washington, trying to make it legal for the Swiss bank he represents to sell Death Bonds in the United States. Nice guy, Phil Gramm. Incidentally, John McCain has said that he wants to appoint Phil Gramm as Treasury Secretary. Some people just can't learn from their mistakes.
People on these bogs are fond of saying that the current economic meltdown was caused by Fannie Mae and Freddie Mac underwriting bad mortgages. While Fannie and Freddie obviously are guilty of writing bad mortgages, and worse, guilty of lobbying Congress to allow them to do so with impunity, their actions are just a small piece of the puzzle when it comes to determining who (or what) caused the financial crisis we face today.
In 1929 the stock market crash caused the banks to fail, because the banks were in bed with the stock market. Back then, banks owned investment houses, so when the stock market fell, the banks fell too. This triggered the Great Depression. So in 1933 the Congress wrote laws that regulated banking, making it illegal for banks to own investment companies, mortgage guaranty companies or insurance companies. The idea was to keep key industries separated by a fire wall, so that if one industry failed the whole economy would not go down in flames.
But the Republicans under Bush deregulated the banking industry. Senator Phil Gramm wrote legislation (the Gramm Rudman Act, the Gramm Leach Biley Act, etc.) that stripped away the regulations in the financial and insurance industies. He pushed them through the Republican Congress and they were signed into law by Geo. W. Bush. John McCain voted in favor. Everybody said how great it is to deregulate and create free markets.
Lehman Brothers, Bear Stearns and Merrill Lynch each gave over a million dollars to Senator Gramm's re-election campaign.
The economic collapse that happened later was a direct result of the deregulation, and here's how: the banks wrote bad mortgages, then bundled the mortgages into investment vehicles that they sold all over the world, and they even got firms like AIG to insure the investments. It was all a house of cards.
If there had been no deregulation, sure we would have had a bunch of bad mortgages, and the mortgage guaranty and real estate industries would have suffered, but there would not have been a global financial meltdown, since the problem would have been contained in one sector of the economy. You can thank Geo W. Bush, Sen. Phil Gramm and Sen John McCain for the meltdown, since they were strong proponents of deregulation.
Furthermore, although Fannie and Freddie are now holding the bulk of these bad mortgages, Fannie and Freddie did not originally write most of these mortgages. They bought them after the fact, bundled by banks/investment companies. Fannie and Freddie got screwed by the Wall Street fat cats. And so did you, if you pay taxes.
What is Phil Gramm doing today? He works as a lobbyist in Washington, trying to make it legal for the Swiss bank he represents to sell Death Bonds in the United States. Nice guy, Phil Gramm. Incidentally, John McCain has said that he wants to appoint Phil Gramm as Treasury Secretary. Some people just can't learn from their mistakes.
The Republicans and Democrats in Congress and all administrations since Regan have been catering to the wealthy, allowing them to steal our pay and benefits, thereby denying us our just rewards for our hard work and intelligence. Our CEOs make 400xs what the common worker does; all other industrialized countries CEOs make 15-25% more and pay heavy taxes. McCain has it wrong: It's not class warfare by the middle class - it's class warfare by the rich on the middle class and below. The redistriubtion of the wealth is just forcing the rich to pay their share of taxes and returning at least some of our hard earned wages and benefits to us. We've got to stop corporations from outsourcing our jobs, bringing in illegaly people from third world countries to take our jobs. We must demand and demonstrate and stop business to force our government to force companies to pay just wages, benefits, worker protection, protect environments, etc. not just for us but for all people we do business with around the world. WE MUST DEMAND FAIR & JUST TRADE.
If we don't change now, China and India will be world powers by 2025 - with power to write the rules, with the strongest and biggest militaries with nuclear power.
Suggested reading: THE WAR OF WEALTH (among nations), PERFECTLY LEGAL, FREE LUNCH.
McCain says Obama's plan regarding taxes is to "spread the wealth" and socialism. McCain says this is class warfar. McCain has it upside down. It is class warfare, but by the rich on the middle class and down. What Obama would be doing is taking from those who have been stealing from the middle class and down for the last 30 years by pushing the worker to take deeper and deeper cuts in pay and benefits. The alternative has actuallly forced more middle class people to pay higher taxes and lose their tax cuts that Bush has given. The top 10% have made over 500x more in the last 30 years while the middle class stagnated or lost.
The Republicans and Democrats have kept our mind on the wars in Afghanistan & Iraq, while sending our jobs overseas, bringing in illegally people from third world countries to take our jobs, incorporating their companies offshore to avoid taxes. CEOs have been allowed to get sinful compensation packages at the expense of the middle class by cutting employees, sending our jobs overseas, bringing in illegally third world workers to take other jobs, preventing workers from forming unions, cutting deals with foreign governments to avoid taxes here. Do you know CEOs here make 400+ times the average worker - when I graduated from college, ceos made about 15x more. Other industrialized nations CEOs only get 15-25% more than the common worker and the CEOs pay heavy taxes. This has been grand theft by the greedy CEOs and corporations. These CEOs have most of their wages "deferred" for thirty years, in the meantime its picked up by the company which pays taxes on it, but the CEO can take loans to buy stocks against these deferrments. And people earning $100,000 and above don't pay social security taxes on their wages above that figure (I think it's $100K).
I'd like to suggest 3 books for more information if anyone is interested. PERFECTLY LEGAL (how the rich have been stealing from the rest of us through the tax code), FREE LUNCH (takes each segment of our economy and very informatively shows exactly how the rich have manipulated our democrats and republican congress people to steal from you and me, and THE WAR FOR WEALTH - just came out....a must read if you are concerned about how our greedy & ignorant politicians and presidents are allowing China and India to become the world powers, with the power to right rules for governments, business, and are becoming world powers with nuclear capabilities.
Americans must get knowledgeable. Share what you know with everyone you can. We must wake up and take back our government and start leading again.
our senators are CORRUPT, president is a liar and corrupt. System is corrupt, that allows lobbyist to bribe senators openly and legally. This is called corruption in other countries and here it is called lobbying. Give money to senators and get things done. Ranbaxy, hired rudy guiliani last month to get their charges dropped, and their money, sorry bribe worked. Shame on these people.
American government system is CORRUPT, senators are corrupt, president is corrupt and people are corrupt. dentists, mechanics all are corrupt here.
Well it sounds like there is a time for everything. So now lets move on and get Obama into the office instead of repeating last years programs.
People on these bogs are fond of saying that the current economic meltdown was caused by Fannie Mae and Freddie Mac underwriting bad mortgages. While Fannie and Freddie obviously are guilty of writing bad mortgages, and worse, guilty of lobbying Congress to allow them to do so with impunity, their actions are just a small piece of the puzzle when it comes to determining who (or what) caused the financial crisis we face today.
In 1929 the stock market crash caused the banks to fail, because the banks were in bed with the stock market. Back then, banks owned investment houses, so when the stock market fell, the banks fell too. This triggered the Great Depression. So in 1933 the Congress wrote laws that regulated banking, making it illegal for banks to own investment companies, mortgage guaranty companies or insurance companies. The idea was to keep key industries separated by a fire wall, so that if one industry failed the whole economy would not go down in flames.
But the Republicans under Bush deregulated the banking industry. Senator Phil Gramm wrote legislation (the Gramm Rudman Act, the Gramm Leach Biley Act, etc.) that stripped away the regulations in the financial and insurance industies. He pushed them through the Republican Congress and they were signed into law by Geo. W. Bush. John McCain voted in favor. Everybody said how great it is to deregulate and create free markets.
Lehman Brothers, Bear Stearns and Merrill Lynch each gave over a million dollars to Senator Gramm's re-election campaign.
The economic collapse that happened later was a direct result of the deregulation, and here's how: the banks wrote bad mortgages, then bundled the mortgages into investment vehicles that they sold all over the world, and they even got firms like AIG to insure the investments. It was all a house of cards.
If there had been no deregulation, sure we would have had a bunch of bad mortgages, and the mortgage guaranty and real estate industries would have suffered, but there would not have been a global financial meltdown, since the problem would have been contained in one sector of the economy. You can thank Geo W. Bush, Sen. Phil Gramm and Sen John McCain for the meltdown, since they were strong proponents of deregulation.
Furthermore, although Fannie and Freddie are now holding the bulk of these bad mortgages, Fannie and Freddie did not originally write most of these mortgages. They bought them after the fact, bundled by banks/investment companies. Fannie and Freddie got screwed by the Wall Street fat cats. And so did you, if you pay taxes.
What is Phil Gramm doing today? He works as a lobbyist in Washington, trying to make it legal for the Swiss bank he represents to sell Death Bonds in the United States. Nice guy, Phil Gramm. Incidentally, John McCain has said that he wants to appoint Phil Gramm as Treasury Secretary. Some people just can't learn from their mistakes.
After 9/11, the US government started rounding up Muslims without cause and without due process of law, like we did to the Japanese Americans in WWII. The Bush administration called it's main internment camp Guantanamo Bay. While there are certainly many guilty terrorists held in Guantanamo, there are also many innocent American citizens who have been held illegally for years without even being charged with any crime. They have been tortured by our government. Some of them have died.
Recently the Supreme Court ruled against the Bush administration in the matter of Guantanamo Bay. The Supreme Court Justices were NOT on the side of the terrorists. They were on the side of the Geneva Convention, that says you can not torture POWs, and on the side of US laws that state you can not imprison a person without charging them with a crime and bringing them to trial. I'm sure that like most Americans, the Justices who voted against the illegal, immoral doings at Guantanamo didn't feel sympathy for the terrorists. They felt sympathy for the laws of AMERICA, the land of the FREE, where even rat finks get a fair trial.
Meanwhile, back in Iraq, the Bush administration is busy trying to build a smokescreen to hide the CRIMES they have committed. Those pesky weapons of mass destruction. Just think, the National Debt went up over 6 trillion dollars under Bush. More than 2 TRILLION of it went directly into the pockets of Halliburton, a corporation owned by the Cheney family. Halliburton is now a DUBAI corporation and therefore is not subject to US taxes. All that money they took out of the US Treasury is going into the coffers of a MUSLIM country.
Did you hear about how the US government is being charged millions for Halliburton deliveries of sand into Iraq from Kuwait? Sand. Like there is a shortage of sand in Iraq? Another contractor shipped sand from Idaho to Iraq at our expense. Nobel prize winning economist Joseph Stiglitz discusses these and other excesses of our current government's out of control spending in Iraq.
Your grandchildren will be working like slaves to pay off this debt, so that the Bushes and Cheneys can live the high life in Dubai.
Yeah, they're patriots, Bush&Co. They wear flag pins. And hide the money they stole from America in Dubai.
And they want me to believe that Obama is a socialist. Right.
In case you think McCain is any different than Bush, watch this:
http://www.youtube.com/watch?v=PdJUCU1UH2w
Nims: Funny how fast Newsweek took that article : AP IMPACT: Mortgage firm arranged stealth campaign, http://www.newsweek.com/id/164732 , came off the general table of contents for this site once they figured out that, instead of being a bit on those evil lobbiest, it in fact admitted that the Republicans were trying to regulate Freddie and Fannie in 2005 and were targeted by Freddie, and the no Democrats were targeted because they were all in the tank with Freddie and Fannie not to regulate them as a means of promoting the Community Reinvestment Act. I don???t think that article stayed up 24 hrs before they took it off the main screen.
As usual, NFTT, you are twisting the truth. That article said that a certain number of Republicans were, as you put it "in the tank" for the firm that was lobbying on behalf of Fannie and Freddie. It also said that another group of Republicans, including John McCain, tried to get a bill passed to regulate Fannie and Freddie, but that they were blocked by the first group and the bill never came to a vote. That article praised John McCain for being on the right side of this issue. That article did NOT say that any Democrats were part of the group that blocked the legislation. You made that up.
Also, that article stayed up only a day because it didn't get very many hits. Newsweek cycles out the slow movers, and adds several new articles every day. However, you can still find it on line. It is just no longer on the featured table of contents. That's why they have a search feature.
Who "Joe the plumber" may be is not the issue, though it's easy to see why the Dems want it to be. That's because the real issue is what Obama's comments to him revealed about Obama. In the exchange with "Joe the plumber" we find out that Obama really is as radical as his early political acquaintances, Davis, Ayers, Wright, etc., and that he is into the failed economic policy of wealth redistribution. Obama's tax and spending plans alone would be bad enough, but add Reid and Pelosi to the mix, with the three of them controlling both houses of Congress and the executive branch without any effective restraint, and you have something that should causes concern even among moderate Democrats.
See Wall Street Journal: A Liberal Supermajority:
http://online.wsj.com/article/SB122420205889842989.html
And whether McCain won or lost the third debate is also not relevant. He succeeded in the first half hour to plant the seeds of a Reagan style wipeout. Reputable historians and economists overwhelmingly agree that the taxation imposed by Hoover and FDR, and the "stimulus" spending and public works programs of FDR, actually deepened and prolonged the Great Depression. It was the production demands of WWII that got the economy going again. And when the war was over, the economy promptly went into recession.
See e.g. http://www.cbsnews.com/stories/2008/10/03/opinion/main4499465.shtml
And
http://newsroom.ucla.edu/portal/ucla/FDR-s-Policies-Prolonged-Depression-5409.aspx
Point is, Obama's programs are to tax, and it does not really matter who he taxes, those taxes are going to be passed through the economy. He has to tax, because it is they only way he can pay for his massive social engineering experiments. Any first year economics student knows that taxation is a tool used to contract an economy experiencing inflation, because it reduces demand by reducing the amount of money individuals and businesses have to spend. It is contractionary, which is exactly what you do not want to do when the problem is that the economy is contracting already into recession. Like Hoover and FDR, Obama's plans will only make it worse for longer.
Look and listen for yourself. Hear Obama in his own words discusses his links to both ACORN and the mortgage meltdown, and praises bundling and securitizing mortgages by banks as a means to float loans to the poor. Never mind the link commentators point of view, just listen to what Obama says in his own words. A picture is worth a thousand words. Maybe more in the case of the last half of the second link.
http://www.youtube.com/watch?v=8vJcVgJhNaU
http://www.youtube.com/watch?v=Lr1M1T2Y314&feature=related
See also:
http://boards.msn.com/MSNBCboards/thread.aspx?threadid=808692&boardsparam=Page%3d2
This is a link to C-SPAN video clips of the Congressional hearings at roughly the time McCains attempt at S.190. to fix Fannie and Freddie. See for yourself who said what.
http://www.youtube.com/watch?v=_MGT_cSi7Rs
The link below contains a purported list of the top 25 in Congress who got contributions from the folks at Fannie and Freddie. Obama is listed third, after Dodd and Kerry, even though Obama is just a junior Senator. Obama is followed next by Clinton. Barney Frank and Nancy Pelosi are on the list as well.
http://www.investors.com/editorial/IBDArticles.asp?artsec=16&artnum=1&issue=20080918
And the link below describes how some Democrats in Congress tried to use the original version of the bailout bill to divert money eventually recovered to groups like ACORN, a group Obama has a long association with. See:
http://online.wsj.com/article/SB122247015469280723.html?mod=googlenews_wsj
Obama's view of the future of America - Socialism which is the next step to Communism!! He admitted to Joe the Plumber than he wanted to spread the wealth! He said that he wanted to make everyone equal! Is America ready for Socialism? The Iranian president, Ahmadinejad, said today that he is glad to see the end to capitalism in America!! Are you glad?????
====================================================================================================
Under socialism a ruling class of intellectuals, bureaucrats and social planners decide what people want or what is good for society and then use the coercive power of the State to regulate, tax, and redistribute the wealth of those who work for a living. In other words, socialism is a form of legalized theft.
The morality of socialism can be summed-up in two words: envy and self-sacrifice. Envy is the desire to not only possess another's wealth but also the desire to see another's wealth lowered to the level of one's own. Socialism's teaching on self-sacrifice was nicely summarized by two of its greatest defenders, Hermann Goering and Bennito Mussolini. The highest principle of Nazism (National Socialism), said Goering, is: "Common good comes before private good." Fascism, said
Mussolini, is "a life in which the individual, through the sacrifice of his own private interests??realizes that completely spiritual existence in which his value as a man lies."
Socialism is the social system which institutionalizes envy and self-sacrifice: It is the social system which uses compulsion and the organized violence of the State to expropriate wealth from the producer class for its redistribution to the parasitical class.
Despite the intellectuals' psychotic hatred of capitalism, it is the only moral and just social system.
Capitalism is the only moral system because it requires human beings to deal with one another as traders--that is, as free moral agents trading and selling goods and services on the basis of mutual consent.
Capitalism is the only just system because the sole criterion that determines the value of thing exchanged is the free, voluntary, universal judgement of the consumer. Coercion and fraud are anathema to the free-market system.
It is both moral and just because the degree to which man rises or falls in society is determined by the degree to which he uses his mind. Capitalism is the only social system that rewards merit, ability and achievement, regardless of one's birth or station in life.
Yes, there are winners and losers in capitalism. The winners are those who are honest, industrious, thoughtful, prudent, frugal, responsible, disciplined, and efficient. The losers are those who are shiftless, lazy, imprudent, extravagant, negligent, impractical, and inefficient. [What about the role of luckbeing in the right place at the right time or the wrong place at the wrong time? R. R. Pope}
Obama's view of the future of America - Socialism which is the next step to Communism!!
Under socialism a ruling class of intellectuals, bureaucrats and social planners decide what people want or what is good for society and then use the coercive power of the State to regulate, tax, and redistribute the wealth of those who work for a living. In other words, socialism is a form of legalized theft.
The morality of socialism can be summed-up in two words: envy and self-sacrifice. Envy is the desire to not only possess another's wealth but also the desire to see another's wealth lowered to the level of one's own. Socialism's teaching on self-sacrifice was nicely summarized by two of its greatest defenders, Hermann Goering and Bennito Mussolini. The highest principle of Nazism (National Socialism), said Goering, is: "Common good comes before private good." Fascism, said
Mussolini, is "a life in which the individual, through the sacrifice of his own private interests??realizes that completely spiritual existence in which his value as a man lies."
Socialism is the social system which institutionalizes envy and self-sacrifice: It is the social system which uses compulsion and the organized violence of the State to expropriate wealth from the producer class for its redistribution to the parasitical class.
Despite the intellectuals' psychotic hatred of capitalism, it is the only moral and just social system.
Capitalism is the only moral system because it requires human beings to deal with one another as traders--that is, as free moral agents trading and selling goods and services on the basis of mutual consent.
Capitalism is the only just system because the sole criterion that determines the value of thing exchanged is the free, voluntary, universal judgement of the consumer. Coercion and fraud are anathema to the free-market system.
It is both moral and just because the degree to which man rises or falls in society is determined by the degree to which he uses his mind. Capitalism is the only social system that rewards merit, ability and achievement, regardless of one's birth or station in life.
Yes, there are winners and losers in capitalism. The winners are those who are honest, industrious, thoughtful, prudent, frugal, responsible, disciplined, and efficient. The losers are those who are shiftless, lazy, imprudent, extravagant, negligent, impractical, and inefficient. [What about the role of luckbeing in the right place at the right time or the wrong place at the wrong time? R. R. Pope}
Capitalism is the only social system that rewards virtue and punishes vice. This applies to both the business executive and the carpenter, the lawyer and the factory worker.
Biggest one day increase in the Dow in market's history. However:
"The Dow's lone decliner was General Electric (GE, Fortune 500), which reported weak quarterly earnings late Friday. It was also among the 18 components of the S&P 500 that didn't join the rally.???"
http://money.cnn.com/2008/10/13/markets/markets_newyork/?postversion=2008101318
Another reason might be that, having provided a soapbox for socialist through its NBC division, the market no longer trusts GE with investment capital, Buffet notwithstanding.
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