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  #1  
Old 06-07-2012, 12:41 AM
Wolf_Rider Wolf_Rider is offline
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Originally Posted by kendo65 View Post
In UK the richest 1% control a quarter of the total wealth.
69% of land is owned by 0.3 % of the population.
In 1997 the Uk's thousand richest held wealth of £99 billion; in 2010 this had risen to £336 billion.

In both USA and UK over the last 30 years real wages have declined - a direct consequence of neoliberal economics with ever-increasing globalisation and outsourcing of jobs. This decline in real wages was the main reason for the massive expansion in credit needed by ordinary families to sustain their standard of living. We saw how that ended in 2008.

Forget your socialist and Marxist bogeymen. Your real worry should be the current version of capitalism that is the most efficient means ever devised of transferring wealth from the middle and lower classes to the already rich.

As the American and European middle classes continue to see their standard of living eroded, and as we edge closer to the seemingly inevitable collapse of the Euro maybe you should remind yourself that it wasn't Marxism or socialism that created this mess.

edit: and the atheists didn't have too much to do with it either..

and I'll just point out that I don't consider myself to be either a socialist, Marxist or athiest

Actually, it was Socialism.... all the PIIGS are Socialist countries and the home loan laws of the US socialist Government (Clinton Democrats) was the fuse.


The hilarious thing about the "wealth redistribution" part of "Climate Change" is... those bucks are going from the West to the poorer countries so they can build power stations. Yes! CO[sub]2[/sub] emmitting power stations.
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  #2  
Old 06-07-2012, 08:43 AM
kendo65 kendo65 is offline
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Originally Posted by Wolf_Rider View Post
Actually, it was Socialism.... all the PIIGS are Socialist countries and the home loan laws of the US socialist Government (Clinton Democrats) was the fuse.

...
You people like to throw that 'Socialist' label around a lot. It seems to be a blanket term of abuse for anything you don't particularly like, because it doesn't have much to do with any definition of socialism that I've read.

If you described Ireland (and specifically the Fianna Fail government and their policies) as socialist most people would find it hard to stop laughing. The Irish screwup was caused by the banks having to be bailed out and rescued by the (boo hiss! BAD!!!) government/state after fueling a housing boom that subsequently crashed.

Similar situation in Spain afaik.

And to describe the US Democrats as socialist is such a joke ...it really is.

The banks caused the mess in the US too, and if they hadn't had the big bad state to bail them out you people would be in a much worse situation than you already are.
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  #3  
Old 06-07-2012, 08:58 AM
MD_Titus MD_Titus is offline
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Originally Posted by kendo65 View Post
You people like to throw that 'Socialist' label around a lot. It seems to be a blanket term of abuse for anything you don't particularly like, because it doesn't have much to do with any definition of socialism that I've read.

If you described Ireland (and specifically the Fianna Fail government and their policies) as socialist most people would find it hard to stop laughing. The Irish screwup was caused by the banks having to be bailed out and rescued by the (boo hiss! BAD!!!) government/state after fueling a housing boom that subsequently crashed.

Similar situation in Spain afaik.

And to describe the US Democrats as socialist is such a joke ...it really is.

The banks caused the mess in the US too, and if they hadn't had the big bad state to bail them out you people would be in a much worse situation than you already are.
if they aren't republican then they are damn well socialist.

it's the black and white world show! basic understanding of the political spectrum not required!
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  #4  
Old 06-07-2012, 02:41 PM
MadBlaster MadBlaster is offline
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Originally Posted by kendo65 View Post
You people like to throw that 'Socialist' label around a lot. It seems to be a blanket term of abuse for anything you don't particularly like, because it doesn't have much to do with any definition of socialism that I've read.

If you described Ireland (and specifically the Fianna Fail government and their policies) as socialist most people would find it hard to stop laughing. The Irish screwup was caused by the banks having to be bailed out and rescued by the (boo hiss! BAD!!!) government/state after fueling a housing boom that subsequently crashed.

Similar situation in Spain afaik.

And to describe the US Democrats as socialist is such a joke ...it really is.

The banks caused the mess in the US too, and if they hadn't had the big bad state to bail them out you people would be in a much worse situation than you already are.
You blame the banks. I blame the borrower. There seems to be no personal responsibility anymore. This is the bigger joke. The democrats purposely worked the banking system ala GSE fannie mae/freddie mac to gain votes from the middle and lower classes. Everyone with half a brain knows this. The republicans are to blame in that they allowed it to continue. It is a socialist agenda when it comes to housing in usa. Exhibit A, the deduction of mortgage interest on the tax return. But ultimately, it is because the sub-prime borrowers welched on their obligations. It was all about the democrats selling the so called american dream of owning a home to their constituency. If you go on youtube, there is a good video somewhere pre-crisis of republicans trying to stop it, and barney frank throwing his power around to stop him. Barney Frank has since admitted it didn't work out as the thought. Really, the man should be in jail along with a lot of other people on both sides.

edit:
I should add, "the state" didn't bailout the banks in usa. the taxpayer did. Most people don't even pay income tax here. So, ultimately, it was wealth transfer scheme from the taxpayers to the deadbeats and massive collateral damage economically as side effect.

Last edited by MadBlaster; 06-07-2012 at 03:41 PM. Reason: addition
  #5  
Old 06-07-2012, 03:54 PM
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raaaid raaaid is offline
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everything is a distraction from the truth as this thread
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Last edited by raaaid; 06-07-2012 at 03:57 PM.
  #6  
Old 06-07-2012, 04:20 PM
pencon pencon is offline
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Is it a coincidence that a discussion about climate change turns into a discussion about Marxism ? I think not ..
  #7  
Old 06-07-2012, 04:19 PM
MD_Titus MD_Titus is offline
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Originally Posted by MadBlaster View Post
You blame the banks. I blame the borrower. There seems to be no personal responsibility anymore. This is the bigger joke. The democrats purposely worked the banking system ala GSE fannie mae/freddie mac to gain votes from the middle and lower classes. Everyone with half a brain knows this. The republicans are to blame in that they allowed it to continue. It is a socialist agenda when it comes to housing in usa. Exhibit A, the deduction of mortgage interest on the tax return. But ultimately, it is because the sub-prime borrowers welched on their obligations. It was all about the democrats selling the so called american dream of owning a home to their constituency. If you go on youtube, there is a good video somewhere pre-crisis of republicans trying to stop it, and barney frank throwing his power around to stop him. Barney Frank has since admitted it didn't work out as the thought. Really, the man should be in jail along with a lot of other people on both sides.

edit:
I should add, "the state" didn't bailout the banks in usa. the taxpayer did. Most people don't even pay income tax here. So, ultimately, it was wealth transfer scheme from the taxpayers to the deadbeats and massive collateral damage economically as side effect.
the banks are borrowers as well.

lending money to people who are desperate for money but have no means to pay it back is not the hallmark of responsibility.

anyway, thought you were done with this thread? or do you want that chat now to work out why you have so much hate in your soul?
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  #8  
Old 06-07-2012, 04:36 PM
MadBlaster MadBlaster is offline
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Originally Posted by MD_Titus View Post
the banks are borrowers as well.

lending money to people who are desperate for money but have no means to pay it back is not the hallmark of responsibility.

anyway, thought you were done with this thread? or do you want that chat now to work out why you have so much hate in your soul?
As taxpayer for many years and someone who paid off his mortgage only to see his house fall in value the last few years due to the deadbeat socialist, maybe you understand where I'm coming from. This government finances its activities two ways. Taxes and debt. There is no getting around that. Most would rather spend like crazy, not pay taxes and pass the bill to future generations until the value of the dollar goes to hyperinflation and economic collapse. It is despicable and reason why the socialist/communist should be persecuted at every level.
  #9  
Old 06-07-2012, 04:48 PM
MD_Titus MD_Titus is offline
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Originally Posted by MadBlaster View Post
As taxpayer for many years and someone who paid off his mortgage only to see his house fall in value the last few years due to the deadbeat socialist, maybe you understand where I'm coming from. This government finances its activities two ways. Taxes and debt. There is no getting around that. Most would rather spend like crazy, not pay taxes and pass the bill to future generations until the value of the dollar goes to hyperinflation and economic collapse. It is despicable and reason why the socialist/communist should be persecuted at every level.
i see. house valuation, like any investment, can go down as well as up. surely you read that bit of small print? and every government operates on tax and debt.

perhaps a socialist ran off with your mother or high school sweetheart? could this be the root cause of your hatred? we need further sessions though. open your heart.
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  #10  
Old 06-07-2012, 04:59 PM
MadBlaster MadBlaster is offline
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Originally Posted by MD_Titus View Post
i see.
Lies. But I already knew that. The wizard confirmed it to me yesterday.
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