sobo Posted September 17, 2011 Posted September 17, 2011 It'd be soft at Index or similar crag but it isn't quite a road side crag. Did you have a point or was your post misplaced? I think OW is just spoutin' some Crazy Talk... get it?? Quote
prole Posted September 17, 2011 Posted September 17, 2011 The debt crisis is a direct result of the financial collapse and reliance on bubbles to maintain economic growth while the corporate elite have dine-and-dashed enabled by corrupt politicians and their useful idiot electoral base. There wasn't a "crisis of the welfare state" until the neoliberal project, more specifically financial liberalization and "tax freedom", predictably shit the bed. And hey, if you need to show clips from the opening scene of 2001 to show how far we've come as a result of Reaganomics, knock yourself out.  There's been a mathematical crisis at the heart of the transfer mechanisms used to fund the welfare state ever since people started living longer and having dramatically fewer children.  For the past forty years even actuaries with traumatic brain injuries have looked at the data and been able to conclude that gap between inbound payments and outbound spending would grow too large to finance at some point, even under assumptions of healthy, uninterupted economic growth. Take away the latter and you arrive at that point sooner, but the destination has always been the same. Once you get there - it's too late to do much other than default and try to get by on what you can actually afford to pay for.  Everybody Loves Malthus. When it's convenient, of course.  Quote
j_b Posted September 17, 2011 Posted September 17, 2011 I think OW is just spoutin' some Crazy Talk... get it?? Â Yes, I do get it now. DOH! Quote
JayB Posted September 17, 2011 Posted September 17, 2011 The debt crisis is a direct result of the financial collapse and reliance on bubbles to maintain economic growth while the corporate elite have dine-and-dashed enabled by corrupt politicians and their useful idiot electoral base. There wasn't a "crisis of the welfare state" until the neoliberal project, more specifically financial liberalization and "tax freedom", predictably shit the bed. And hey, if you need to show clips from the opening scene of 2001 to show how far we've come as a result of Reaganomics, knock yourself out.  There's been a mathematical crisis at the heart of the transfer mechanisms used to fund the welfare state ever since people started living longer and having dramatically fewer children.  For the past forty years even actuaries with traumatic brain injuries have looked at the data and been able to conclude that gap between inbound payments and outbound spending would grow too large to finance at some point, even under assumptions of healthy, uninterupted economic growth. Take away the latter and you arrive at that point sooner, but the destination has always been the same. Once you get there - it's too late to do much other than default and try to get by on what you can actually afford to pay for.  Everybody Loves Malthus. When it's convenient, of course.  Malthus was a notorious sandbagger. Totally under-rated the 5.11 on SEWS. Quote
prole Posted September 17, 2011 Posted September 17, 2011 For the past forty years even actuaries with traumatic brain injuries have looked at the data and been able to conclude that gap between inbound payments and outbound spending would grow too large to finance at some point, even under assumptions of healthy, uninterupted economic growth. Take away the latter and you arrive at that point sooner, but the destination has always been the same. Once you get there - it's too late to do much other than default and try to get by on what you can actually afford to pay for. Â Yes, we saw the corresponding charts already, but hey, thanks for the reminder! Are you starting to get it yet, Jay? Because you're getting tiresome. Â Quote
tvashtarkatena Posted September 17, 2011 Posted September 17, 2011 (edited) Yup. Uncontrolled spending since Reagan kicked off the program of debt funded cocaine binging. God forbid we should have to pay for anything up front. Â Thanks, GOP! Â And special thanks to W! Â Good thing they spent it on tax cuts for rich folk's toys and nukes and other stuff that makes the joint a better place for all. Â Funny how the heroine addicts are now touting the virtues of abstinence. Â Fucking psychopaths, I tell ye! Â Â Edited September 17, 2011 by tvashtarkatena Quote
prole Posted September 17, 2011 Posted September 17, 2011 Applied Neoclassical Economics: Take away the latter, arrive at that point sooner! Quote
tvashtarkatena Posted September 17, 2011 Posted September 17, 2011 (edited) Sprinkle in a little God Smacked bigotry/misogyny, and you've got yourself a pretty good weekend in Vegas. Â Now let's also gather up all the asshole contractors and trailer drunks and glue em together into a MOVEMENT. FUCK THOSE HERBAL TEA SIPPING TEACHERS, greedy union thugs, and the rest of the loser middle class, too. If they weren't so lazy they'd be rich already. GOLD STANDARD. Â Hey, what happened to our tax base? Â Your party is AWESOME, Jay! It's about VALUES. Or maybe its just about value...when shopping. Â Â Edited September 17, 2011 by tvashtarkatena Quote
prole Posted September 17, 2011 Posted September 17, 2011 (edited) Ayn Rand and Pat Robertson, a necessary-evil ideological match made in heaven. In practice, a closed-set big-baller rap video in the VIP for corporate and political elites. Edited September 17, 2011 by prole Quote
tvashtarkatena Posted September 17, 2011 Posted September 17, 2011 Hey TEACHERS, did WE pay for that Party Mix in the break room???!!!! Quote
tvashtarkatena Posted September 17, 2011 Posted September 17, 2011 WWII made us GREAT, and we put that one on the plastic. Â WE NEED TO GROW OUR WAY OUT BY GIVING THE RICH ENOUGH TO START NEW, JOB CREATING COMPANIES. Quote
prole Posted September 17, 2011 Posted September 17, 2011 We can meet the ecological crisis head-on, as soon as we have the resources to stop creating it. Quote
AlpineK Posted September 17, 2011 Posted September 17, 2011 This is an interesting chart  [img:center]http://media-files.gather.com/images/d782/d572/d745/d224/d96/f3/full.jpg[/img]  Source  Eisenhower was a Republican president and the rich paid 91% in taxes. From what little I know of the 50s it sure seems like there were quite a few rich folks with posh mansions running companies that employed lots of folks.  Interesting how the tax rates plummeted after Nixon to the levels seen just before the depression. The depression in the 30s not the recent one. Hmmm Quote
ivan Posted September 18, 2011 Posted September 18, 2011 This is an interesting chart [img:center]http://media-files.gather.com/images/d782/d572/d745/d224/d96/f3/full.jpg[/img]  Source  Eisenhower was a Republican president and the rich paid 91% in taxes. From what little I know of the 50s it sure seems like there were quite a few rich folks with posh mansions running companies that employed lots of folks.  Interesting how the tax rates plummeted after Nixon to the levels seen just before the depression. The depression in the 30s not the recent one. Hmmm don't matter what you set them rich boys taxes at, feck, they gotta plenty of folks on the payroll to figure out how they won't have to pay a dime anyway Quote
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