Just How Socialist Is The Credit Market?!

Discussion in 'Politics' started by mascale, Mar 24, 2010.

  1. mascale
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    mascale VIP Member

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    The GOP Conservative / Tea Party Agenda is so clearly without basis in any realistic policy assessment: As to lead anyone to wonder if they still believe that Iraq has Weapons of Mass Destruction! The real policy assessment is that Iraq has a disintegrating popular vote count to contend with instead.

    Adam Smith contended, with no policy assessment, for an unfettered market place. Anything numerical was apparently to have nothing to do with it. Lumps of metal, preferably shiny, were really what value was all about, in any exchange with prices. So much metal could be exchanged for so much crud: As long as it was pretty(?)! Rep. Frank, even, understands about markets like that, most likely!

    Now assess this: http://banking.senate.gov/public/_files/FinancialReformSummary231510FINAL.pdf

    This is actually a regulated credit market, intending preservation of instruments with less risk. That is a major step up in the reform of it. Unlike what the unpaid Austrians make jokes about(?): This is straight, central, banking and credit market reform. A far larger, and sustainable, credit market is the likely outcome.

    In the U.S. credit market, ignored by unpaid Austrian teacher-types, "Too Big To Fail," never actually existed in the first place. Some "smart" people went into a panic when large financial houses buckled. Nothing did, outside the "educated" financial houses. The banks repaid the "bail-out" of the sour mortgages: In less than 18 months, and with interest! There is a $55.0 tril. total credit market, just in the United States: And likely an Austrian von Mises, couldn't get a paycheck out of it at all!

    In Socialist world, a great deal of failure can tolerated and accomodated, and with much less recourse to double-digit unemployment, like GOP-favored, Ronald Reagan's 10.8% "Trajectory." Even then, the Democratic Party liberals had a real assessment to show the shattered Reagan Presidency. The Great Liar's promised balanced budgets never happened. There was no way they could be, unless someone uncaring and anti-American from Kentucky was in charge.

    Now, and instead, there is even FDR's ancient right(?) of medical care.

    The Conservative GOP / Tea Party response is to rush to the state lines, ranting: "The Plague Stops Here! There is no Osama bin laden! There are no biological mass destruction weapons! There never was a swine flu, a bird flu, or even any flu in WWI! The flu never happens to rich, white, Christian people at all!"

    The Conservative agenda on anti-abortion was even articulated at the Vatican over last weekend--with the necessary apologies for the worldwide staff. Even their famous Psalms 139, can be seen to show that Civil Rights is for born people, "All the days ordained for me were written in your book, before one of them came to be!" Born people actually know what days even are! "Days" are clearly socialist(?) and sentient, and especially now, any more! Mostly the unattached, fertilized ova: Wind up in the socialist sanitation systems, wherever they are! Anyone sees what the Bible had in mind(?), unless it came to be, unwritten!

    Socialist santation systems, anyone knows, are not universal, for the 7.0 bil. people on the planet.

    Neither are credit markets. East Africa and Haiti so far seem to reflect the absence of the socialist credit markets. The former simply die in the drought, unable to even get water in, even from nearby Lake Tanganyika, and the others mainly die at home, in the disasters.

    A complex socialist credit market is a wonder human-made, with arithmetic, by comparison. Born people actually make it.

    "Crow, James Crow: Shaken, Not Stirred!"
    (Humans make one-armed bandits get-lucky(?), even on the lands of many nations. . . .using arithmetic!)
     
  2. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Warren Buffett can now borrow at a lower rate than the Federal government
     
  3. mascale
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    mascale VIP Member

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    Who would have thought that mainland China would even create the giant credit market based on U. S. domestic policy largesse?!

    Microsoft even, may now invade(?)! International affairs are different, even away from the Middle East of GOP invention, intervention, and generally poor policy assessment all along!

    "Crow, James Crow: Shaken, Not Stirred!"
    (Ghost of many rooseters, now in firewater!)
     
  4. Soggy in NOLA
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    Soggy in NOLA Platinum Member

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    If your premise were acurate, and the movement was baseless, wy would you continually start threads about it? Would be like somebody spending their days commenting on Cindy Sheehan or Maddow.

    In short, pretty fuckin retarded.
     
  5. mascale
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    mascale VIP Member

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    Venice Beach, CA, has a famous boardwalk, generally regarded insane. Millions visit very year, and including on tour buses, and with visiting groups from other nations. It is only about one mile long, twenty yards wide. It is not a movement, but attracts a lot of attention.

    Hare Krishna is known to be there, and takes over the beach park area for a first Sunday in August, Happening every year, in fact. For about two summers, even WWE showed up, complete with booths, contest venues, and a "squared circle," and the mouth-dude with the speckled clothes. A 119, from a school I have followed, may in fact have run away, to join them! One of the older ones, even ran away to Stanford(?)!

    The Tea Party GOP, and their States Attorney Generals, are every bit as relevant to public policy as are the various changing venues of Venice Beach, Ocean Front Walk, CA! Mostly, "Socialist" describes them both, if at all: Modern Civilization has anything to do with any of them!

    Even the challenge being mounted to Health Care in the courts is baseless. The contention is that interstate commerce is unaffected, and uninvolved, in medical issues, epidemics, new technologies, or the Black Plaugue--including the one the Conservative like to comment about, while legislators are seen to be walking into the Capitol building.

    Millions comment, no doubt, about the lunacy of both Venice Beach, and the Tea Party GOP: All the time!

    When it comes to the Tea Party, GOP: Commentators, even, babble about them! At Venice Beach, in California, it is even less expensive to sit in the sand, put an index finger to your lips, move it up and down and makea lot of noise! That can likely be done in rural areas, too! A Woodstock Generation, even: The Tea Party GOP have not created!

    Electoral politics are about none of them!

    "Crow, James Crow: Shaken, Not Stirred!"
    (Find roosters anyway--not a protected species--and put feathers in bonnet for. . . hmm. . . .Old Fashioned 60's Tea Party(?)! Osprey Faclcon even, now kills pigeons before crowds at Venice Beach, in CA! Tea Party GOP can't outdo that!)
     
    Last edited: Mar 24, 2010
  6. Toro
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    Toro Diamond Member

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    Very socialist.
     
  7. mascale
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    mascale VIP Member

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    Economies wherein the rich get richer, and the poor get poorer: Don't work. The poor have recently been found unable to repay the mortgages. The Rich houses came crashing on down. Large coporations cut personnel, and increasing numbers of persons didn't work, and don't work.

    Getting people back to work costs money, especially if it goes to the rich instead of the poor. Guess where bureaucrats and teachers and police: Now rank in the great aristocratic scheme of things? Pay raises for the government-paid tend to be fixed percentage computed. University of California had a system-wide, fixed percentage COLA--prior to the 10% pay cuts, for the rich ones. . . .who caused it all.

    The credit market is socialist, but the people engaged in administration, and what used to be labor, are not socialist. So the federal government creates deficits, which have in recent decades: Benefited the rich.

    The Obama people admire the "Reagan Trajectory." Anyone supportive of that killed off blacks and hispanics in gang violence, helping to maintain the "celebratory ambience" of the aforementioned upper incomes. The outcome was an entire youth-murder, high fashion music and clothing "entrepreneurial spirt." Said culture appears to have had a major following at Hawaiian, Punahou School. Said culture is now happily embedded(?) at Washington, D. C. area "Sidwell Friends School," where rich young people can learn the apparently more pricey, feminine arts.

    Anyone notices that the Obamas get defensive: Even at the mentin of "Las Vegas," for example. Sensitivities are different for some people.

    Socialist may be the credit market, but artistocratic, and even oligarchic of mentality are the leadership classes in it.

    Karl Marx would have to concede that the "Dictatorship of the Proletariat" is not about to have the government, anywhere: "Wither Away." Instead, "Preservative Stimulus" was famously sent to "save" the government jobs.

    Other socialists would remind everyone that even the Communists understood that the "Dictatorship of the Proletariat," would know a thing or two about inequalities: Even if it didn't know how to read.

    "Widespread Wealth Worldwide" would become, in the alternative, the pre-condition for an actual anarchy: Wherein the government is fnally found unnecessary. The United Nations has a basic outline of World Administration in place--in the sense of utilities, transportation, health care, food management, and even regulatory armed forces. Swiitzerland is home to even various international, legal organizations and courts. Europe is collapsing national currencies into a more valueable currency.

    The computing trick not in place is a universal, indexed, flat amont COLA. That would apply equally to incomes. "Make Work Pay" is the kind of new method, now in the tax forms being filed for 2009. There is a refundable tax credit, never before applied.

    World anarchy, a different kind of socialist concept, is likely not to be in place a week from Tuesday. It is an outcome of a different arithmetic. The GOP may have a new bunch of "Tea Party" abolitionists in the vanguard, but "gradualism" is the actual approach needed now!

    The current credit market is clearly socialist, mainly lacking a more anarchist bunch of socialists to run it. Libertarian, this is probably not! Libertarians demand that govrnment be at their service. . . .kind of like being run. . . .by a Boy, as it were.

    "Crow, James Crow: Shaken, Not Stirred!"
    (Crud for Shiny Metal Trinkets. . . .Really!?! Apparently the Colonials are re-discovering again: The real value of New York Commercial and Residential property again! Anyone guesses that they have a plan!)
     
    Last edited: Mar 24, 2010

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