@Finn dAbuzz,
Free markets, huh?
So how's that working out for America?
"Free" is the mother of all marketing catch-words
It sounds good, it's hard to knock, and it's utterly meaningless until you specify
"free from what?"
"The Free Market" (tm) is just as much a pile of branding bull **** as "The Free World." The latter includes nations that are cheerfully dictatorial, while the former includes near-monopolies like Microsoft.
Just to give you a clue, There are no free markets. Never have been. The difference now is that the utter fuckups and jerkoffs on Wall Street have ripped away the thin veneer that has shielded what they were really about, their real relationship with government, from the one-fodder-units aka "citizens."
What we have, and what we have had since Reagan, and from when the Repukes accelerated the process in the 90's, is classic, pure, unadulterated Mussolini-Style Facism.
The government and the tax dollars we pay in exist to serve corporations. Not the people, not the common good, not civil society, but to make the wealthy few wealthier and indemnify their wealth. They exist to enable their every profligate scheme, many ripped from the annals of organized crime history.
If you disagree, consider the following item:
According to the Wall Street Journal,
http://online.wsj.com/article/SB122186674316558873.html
finance industry lobbyists are already giving orders to Republican hill staffers not to allow any meaningful reforms or protections for taxpayers. So, just the money.
No strings attached.
Quote:Securities houses don't want executive salary limits for banks that participate in the rescue.
House Republican staffers met with roughly 15 lobbyists Friday afternoon, whose message to lawmakers was clear: Don't load the legislation up with provisions not directly related to the crisis, or regulatory measures the industry has long opposed.
"We're opposed to adding provisions that will affect [or] undermine the deal substantively," said Scott Talbott, senior vice president of government affairs at the Financial Services Roundtable, whose members include the nation's largest banks, securities firms and insurers.
A deal killer for the group: a proposal that would grant bankruptcy judges new powers to lower the principal, interest rate or both on a mortgage as part of a bankruptcy proceeding.
Imagine that. Somebody comes to you hat in hand asking for $700,000,000,000, but they don't want any stipulations on how they use the money!
And we, the one-fodder-units, get The War on Drugs and The War on Terror, DHS, ICE, The FBI, The IRS, Government Intrusion into our every financial transaction, taxes and fees and Government Spying for our trouble, to keep us in place and feeding this monster.
btw: Obama will lower taxes on all but the rich. Either you are one, or if not, you are too ******* stupid to recognize that placing more money into the hands of people who are going to have to spend it simply to live and circulate it around the economy yields an eight times multipler affect and is more beneficial to the economy than giving the money to people who will invest the money in China, India or Europe.
That's what will generate more jobs, not some soak the poor and working class voo doo ecomomic theory. Because whenever the Republicans man the White House they don't measure up to the Democrats in producing a healthy ecomomy and generate business confidence for job growth.
Simply, the Democrats are better for the economy, and there is empirical evidence for it.
The Ranking of the Last 13 Presidents by Job Creation (as of 2002)
1) Roosevelt (1933-45): +5.3%
2) Johnson (1963-69): +3.8%
3) Carter (1977-81): +3.1%
4) Truman: (1945-53): +2.5%
5) Kennedy (1961-63): +2.5%
6) Clinton (1993-2001): +2.4%
7) Nixon (1969-75): +2.2%
8) Reagan (1981-89): +2.1%
9) Ford (1975-77): +1.1%
10) Eisenhower (1953-61): +0.9%
11) Bush (1989-93): +0.6%
12) Bush (2001-present): -0.7%
13) Hoover (1929-33): -9.0%
See any pattern?
Those facts make it difficult to argue that Republican Presidents have done a better job than Democratic Presidents in managing the economy. Indeed, if you can suggest a measure of economic performance in which Republican Presidents have done better than Democratic Presidents, please put up or shut up your crazy talk that has no basis in objective reality.