jimmymccready
Verified User
Trump must be impeached, the GOP Senate must expose their anti-American cause, and the campaign season must focus on Trump's lies all day every day.
Leftists always find FACTS laughable.![]()
Oh God, another dilbert in our midst. England is collapsing before our very eyes and you want to hold them up as a role model. What is wrong with you?Quote Originally Posted by Taichiliberal View Post
Hmmm, you do realize that countries like England function pretty good using the "democratic socialist" approach, right? If not, then maybe this will enlighten you:
http://worldpopulationreview.com/cou...ist-countries/
Socialism Didn’t Work In Sweden, And It Won’t Work In America
https://thefederalist.com/2019/06/25/socialism-didnt-work-in-sweden-and-it-wont-work-in-america/
Sweden stood as the world’s fourth wealthiest country nearly five decades ago. Its taxes were lower than most western countries, including the United States. The economy was deregulated, and public spending was hardly above 10 percent gross domestic product (GDP).
But Sweden was soon teetering on the brink of collapse from its experiment with socialism.
“Free markets and small government made Sweden rich,” said Swedish economist and Cato Institute fellow Johan Norberg. “The experiment with socialism crashed us.”
No one guessed the system would crash. The country was ripe for a socialist experiment in the early 1970s. The Swedes were hardworking, optimistic, wealthy, and trusting of their politicians. As programs were implemented in the ’70s and ’80s, public spending almost doubled and labor markets became regulated. The new welfare state, however, appeared to enhance Sweden’s already strong economy with large-scale redistribution and high taxes.
This brief period when socialism seemed to work is the model promoted by Bernie Sanders and Alexandria Ocasio-Cortez, Norberg said at a The Fund for American Studies (TFAS) event last week. Today, 36 percent of Americans are sympathetic to socialism compared to only 9 percent of Swedes. That’s because Sanders and AOC only point to the 30-year episode of socialism’s artificial success before Sweden crumbled under its reality.
[Related Post: How ‘Democratic Socialism’ Wreaked Havoc On My Native Sweden]
“The problem with these policies is that they began to erode the foundations for a successful society,” Norberg said.
Reversing Sweden’s traditions of small government and an open economy disintegrated its successful business climate. Big companies like IKEA either evaded taxes or left the country. Athletes like Björn Borg and entrepreneurs fled the country. High inflation raged and not a single net job was created in the private sector.
The new generation raised in socialism had no incentives to work. The once healthy population began calling in sick because of the generous benefits for sick days. They shamelessly accepted the public benefits that their hardworking parents once despised.
Sweden not only fell from being the 4th richest country to the 14th richest country, but its very nature as a country changed. An authoritarian-like government was necessary to ensure the population did not abuse its welfare system. Sweden’s democracy was sliding into a dictatorship, and the Swedish people were not pleased.
translation: another right wing wonk who ignores any facts that don't fit into their ideology...replacing reality with their pathetic revisionism. That America BARELY avoided a second depression in the last 30 years via reaganomics/trickle down economics (thanks Clinton, thanks Obama) doesn't register with Zilcher....not surprising.
Quote Originally Posted by Taichiliberal View Post
Pretty much. He follows my threads/post like a bitch in heat with the same level of right wing wonk willful ignorance and insipid stubbornness. I let him out occasionally to see if there's any improvement. Since there's not, back into the IA bin with the fool.
What I find interesting is how those afflicted with Trump derangement syndrome can call others bias while ignoring quotes from one of the people involved who said there was no quid pro quo aka pressure. They ignore trumps duty to investigate corruption between US officials and Ukraine. They ignore every US official asked if they had direct evidence of a QPQ or bribery said no. They ignore trumps well known desire to eliminate corruption at home and abroad. They ignore the Ukraine court that said Ukraine aided Hillary against trump in the 2016 election. Yet they give only the best intent for their liberal comrades. And sadely they are incapable of understanding that Biden admitted to the quid pro quo making an investigation really not important. He did it on camera.
Reality check:
HOW SWEDEN CREATED A MORE STABLE ECONOMY
https://sweden.se/business/how-sweden-created-a-more-stable-economy/
To paraphrase the words of my favorite sci fi author "Words such as socialist, collectivist, capitalist, monarchy, republic, democracy are insufficient and unnecessary. In truth, the world divides into two camps, those who want to control others and those that don't."
Quote Originally Posted by Taichiliberal View Post
Reality check:
HOW SWEDEN CREATED A MORE STABLE ECONOMY
https://sweden.se/business/how-swede...table-economy/
You really ought to read your links before posting them thinking that they support your uneducated feelings about Socialism.
Since the crisis of the 1990s, successive Swedish governments have succeeded in maintaining control over public spending, and continued to do so even in the wake of the 2007–2008 global financial crisis.
All you've done is just regurgitate BS talking points found on Fox Noise....
All have been examined and found NOT to be the conclusion Trump and his chumps want Americans to believe. The folks in the recent hearings were the people (career, appointed) who tell ALL the facts via eyewitness. That you choose to ignore them is irrelevant.
Excerpts without reading the full article. Typical trump chump ploy. What was going on in the last 20 years, stupid? Do you remember the global economic crisis facilitated by the dumping of bad loans into the mix. Who did that, genius?
And what the hell do you think happened during our 2 near Depressions, when banks limited what you could withdraw.....when small investors couldn't enjoy the protections of the larger ones? Gov't had to step in to keep private enterprise from screwing the middle and working class. A matter of history, a matter of fact.
Grow up and deal, jackass.
That isn't a fact you lying partisan hack; that is pure unadulterated fantasy. You want to see whose to blame?
Watch as Democrats attack the regulator and race hustle in the hearings in 2004 trying to get a handle on the impending crisis; yes the DEMOCRATS are the reason nothing was done folks:
Fannie Mae/Freddie Mac Hearings 2004
try some honest research beyond sound bites, jackass: Freddie Mack wasn't the core problem:
How Reaganomics, deregulation and bailouts led to the rise of Trump
https://www.pbs.org/newshour/econom...ulation-and-bailouts-led-to-the-rise-of-trump
The Mortgage Fraud Scandal Is The Biggest In Human History
https://www.businessinsider.com/mortgage-fraud-scandal-2010-10
The OP stands valid, no matter where you right wing rodents scurry.
Quote Originally Posted by Taichiliberal View Post
Excerpts without reading the full article. Typical trump chump ploy. What was going on in the last 20 years, stupid? Do you remember the global economic crisis facilitated by the dumping of bad loans into the mix. Who did that, genius?
Sweden was burdened by their social welfare spending, it had NOTHING to do with the mortgage meltdown.
Socialism leads to crisis government when the spending far exceeds the revenue coming in. Socialism also leads to reduced liberties and choice. If you hadn't dropped out of high school, you would have learned these valuable economic lessons.
Quote Originally Posted by Taichiliberal View Post
And what the hell do you think happened during our 2 near Depressions, when banks limited what you could withdraw.....when small investors couldn't enjoy the protections of the larger ones? Gov't had to step in to keep private enterprise from screwing the middle and working class. A matter of history, a matter of fact.
We haven't been anywhere near a depression since October 29, 1929.![]()
Quote Originally Posted by Taichiliberal View Post
Grow up and deal, jackass.
I R O N Y!!!![]()
I see you are stuck on stupid. That isn't honest research. It's an attempt to find like minded idiots blaming capitalism on everything.
In truth, the mortgage crisis was caused and created by leftist Progressive Socialism race hustling. If you had spent a minute of your pathetic life listening to that video, you would have learned more than the high school you dropped out of.
By magnitude, four primary causes of the crisis can be identified:
The US government push into housing and mortgages
Large and growing current account deficits
The Fed lowering of interest rates
Securitizing of loans
https://www.econcrises.org/2016/08/17/the-financial-crisis-of-2008/
KEY TAKEAWAYS
Fannie Mae was chartered by the U.S. Congress as a government-sponsored enterprise (GSE) in 1968, and Freddie Mac followed two years later.
Fannie Mae and Freddie Mac were given a government-sponsored monopoly in a large part of the U.S. secondary mortgage market.
This monopoly, combined with the government's implicit guarantee to keep these firms afloat, would later contribute to the mortgage market's collapse.
In 2007, Fannie Mae and Freddie Mac began to experience large losses on their retained portfolios, especially on their Alt-A and subprime investments.
By September 6, 2008, it was clear that the market believed the firms were in financial trouble, and the FHFA put the companies into conservatorship.
https://www.investopedia.com/articles/economics/08/fannie-mae-freddie-mac-credit-crisis.asp
Once again, you do the right wing shuffle by ignoring all else.
No one is denying the flaws in Freddie Mac....it's just that you right wing wonks can't get away with the hubris and exaggerations via your myopic views. Fact is, the subprime mortgage scandal was due to bankers using a law to LIE about their actions.
There wasn't anything right wing in those sources you clueless left wing dullard. Economics isn't about right or left wing.Quote Originally Posted by Taichiliberal View Post
Once again, you do the right wing shuffle by ignoring all else.
Wrong again; but then, you have the intelligence of an earthworm so there is that.Quote Originally Posted by Taichiliberal View Post
No one is denying the flaws in Freddie Mac....it's just that you right wing wonks can't get away with the hubris and exaggerations via your myopic views. Fact is, the subprime mortgage scandal was due to bankers using a law to LIE about their actions.
translation: another right wing wonk who ignores any facts that don't fit into their ideology...replacing reality with their pathetic revisionism. That America BARELY avoided a second depression in the last 30 years via reaganomics/trickle down economics (thanks Clinton, thanks Obama) doesn't register with Zilcher....not surprising.
You sir/madam/whatever are a flaming asshole of the first order.
You wish to control the rest of us. I don't give a flying fuck what you believe as long as you don't make me pay for it. You, on the other hand demand I swallow your poison and like Winston Smith tell the world I love Big Brother as he shoots me in the head.
What a complete and utter fool you are.
What I find interesting is how those afflicted with Trump derangement syndrome can call others bias while ignoring quotes from one of the people involved who said there was no quid pro quo aka pressure. They ignore trumps duty to investigate corruption between US officials and Ukraine. They ignore every US official asked if they had direct evidence of a QPQ or bribery said no. They ignore trumps well known desire to eliminate corruption at home and abroad. They ignore the Ukraine court that said Ukraine aided Hillary against trump in the 2016 election. Yet they give only the best intent for their liberal comrades. And sadely they are incapable of understanding that Biden admitted to the quid pro quo making an investigation really not important. He did it on camera.