Posted on 10/02/2011 12:45:46 PM PDT by 2ndDivisionVet
The telling part is how the people like her act: on the one hand, nearly begging for someone to do as they wish to, and on the other, decrying their own, truly-meant words. Although they desperately want to rule an undemocratic, non-representative “republic,” they are cowards. It is a bad enough thing that they want and nearly beg for our country’s downfall, in favor of the mad schemes, but the fact of their almost comedic lack of guts smacks of a small town bureaucrat playing the would-be martinet. It’s low farce.
I do think that some of them are not of that low-caliber insofar as violence is concerned, and that is no laughing matter. But the ones like her? She may revel in her dreams, but outside of attempting to convert others to her evil, she is an old, tired weasel, nothing more.
I wonder if she would think that if she knew she would be on the receiving end...
ROFLMAO!
That Brit named Keynes is the reason we are in the financial mess we are in. To sum up his philosophy of economics is drive yourself into unsustainable debt today and forget about tomorrow because someone else will take care of it.
The UK is leading the West into destruction and Keynes is but only one example of it.
EXACTLY!
“To sum up his philosophy of economics is drive yourself into unsustainable debt today and forget about tomorrow because someone else will take care of it.”
Of course Keynes never advocated anything of the sort. I’d ask you to source your claim but there is none and you’d be wasting your time.
What Keynes did advocate is that governments should pay down their debt during boom years, reserving deficit spending for recessions.
It is a counter-cyclical program intended to offset the natural behavior of individuals and firms to withhold their own spending during bad times. Debt that is incurred during the recession is to be paid off when the economy rebounds and tax receipts increase.
But if you wanted to identify an economic philosophy that did fit what you posted you would have to look no further than the GW Bush administration. Debt was run up during boom times and justified with the specious claim that “deficits don’t matter”. The result is that when recession did come debt was already very high.
Don’t forget Reagan, also! He got the economy booming with all those tax cuts and they kept on spending away!
Re-read the phrase, "the writers they have studied (Mao, Marx, Lenin and Keynes)."
Clearly, the policy positions which have emanated from this Administration and its czars, officials, and staffers indicate that their ideas come from sources such as those stated, and not from those of Washington, the Adamses, Jefferson, or from Madison, Hamilton and Jay (the authors of the 85 Federalist essays explaining the U. S. Constitution) or, for that matter, from Adam Smith.
Advocates of coercive government planning and involvement in the lives of citizens certainly did not get their notions from America's Founders.
"Ideas have consequences." (Weaver)
One can observe consequences and draw conclusions about their genesis in ideas.
All these leftists and anarchists feel free to yap about bloody revolutions and beheading bankers and so on, yet it never seems to occur to them that political violence is a two-way street.
“Don’t forget Reagan, also! He got the economy booming with all those tax cuts and they kept on spending away”
Reagan was entirely different than Dubya. President Reagan never advocated deficit spending.
Reagan’s program included spending cuts to match the predicted shortfall in tax receipts. Democratic Speaker Tip O’Neill had agreed to Reagan’s program and then reneged on the deal.
Reagan was confronted with the choice of either reducing the military spending that was a key component of his strategy for dealing with the Soviet Union or accepting deficits. He chose to accept the deficits. In his final speech to Congress he stated that his greatest regret as President was his inability to control deficit spending.
You have all four bracketed together in the same sentence. And then insist that it is overreaching to assume that you are linking them all together. That’s some skill at writing with clarity.
Yes, I know that.
We have been running our national debt up since I was born (1970) with no end in site under both Pubbie and Dem administrations. Could Nixon, Ford, Reagan, Bush 41, or Bush 43 stopped the insanity? There do have the power of issuing EOs which could have helped the situation.
Even when the Pubbies came to power back in 1994 during the mid-terms they didn’t get the spending under control even though they had the power to do so but we still had Bubba as President. Deficit spending did drop pretty close to zero in the years following but that changed with Bush 43 and off to the races it was again.
Until conservative politicians dominate both houses and the executive branches nothing is going to change. From what I have read we are actually beyond the point of being able to pay our debt back. And when (not if) we default it’ll be interesting to see what happens.
From what I have read of Keynes that was what he promoted. America was once the largest creditor nation in the world. With Keynes help plus the Leftists we have dug ourselves a hole we will never get out of.
More patriots showed up in DC for the first Tea Party rally than all of these ‘occupy’ riots combined. They best keep in mind.
What Good Can a Handgun Do Against An Army?
http://www.freerepublic.com/focus/f-backroom/2312894/posts
These newbs aren’t interested in facts or the complete context. They just repeat one-liners someone else told them.
Well for one thing Keynes was British and worked in their government, not ours. He visited Franklin Roosevelt just one time during his Administration.
His “school” is influential with the government intervention crowd, but Keynesians don’t necessarily stick to Keynes’ ideas. Some of his ideas are common sense and have been absorbed by people who imagine themselves to have nothing in common with his thinking.
But Keynes ideas of running a country through debt-driven economy isn’t the smartest thing to do especially when you are expecting things to improve in the future. It’s always, always better to be a creditor nation than a debtor one.
“But Keynes ideas of running a country through debt-driven economy isn’t the smartest thing to do especially when you are expecting things to improve in the future. It’s always, always better to be a creditor nation than a debtor one.”
Your comment is on the money, except that you are attributing to Keynes a position that he didn’t have. His actual view was close to your own.
Keynes believed that governments should balance their budgets during normal economic times.
It was for times of severe economic stress, when businesses and individuals would in unison hold back from spending, that he believed that governments should engage in deficit spending.
He was advocating a counter-cyclical role for government spending. Mathematically it makes sense. Politically it hasn’t done so well.
The problem is that politicians don’t act responsibly and won’t confine deficit spending to fighting recessions. This irresponsibility crosses party lines. We had Dubya running deficits all through the housing boom; Cheney even offering up his opinion that “deficits don’t matter”. Republicans once opposed deficit spending. For too long no one did. And now we are in a position where total debt is astronomical and the dollar is getting ruined.
Even him advocating using government in a counter-cyclical role is one I disagree with. There might be some things the government can do to reduce the emotionality of busts and booms of an economy but it is really the responsibility of the free market to have the freedom to work itself out.
The inch of latitude of more government advocated by Keynes just allowed the politicians to take advantage of it by miles and miles with a deficit spending train that is running at top speed and is 100% now guaranteed to crash and do it so hard that it’s going to bring every other nation down in the process.
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