S&P downgrade marks extinction for 19th-20th century progressivism

[Neotrotsky]

Yes


Both Europe and the US are currently showing
that the nanny-state cannot coexist with free market economies in the long run

People are going to have to choose between the CPEs
required by burdensome entitlement programs
or free market economies and personal responsibility



Why do US progressives fear to take the great leap?
They all know capitalism is failing us
Do they really believe we are only one regulation or one new tax
from fixing it?

We should all "man-up" and not "lean forward"
but take the full dive into gov't control of all the factors
of production to fully realize our Progressive Utopia

 

[Moonglow]

i believe you will find that this downgrade has made a many rich folk, richer.

 

[Neotrotsky]

Rumor out there
is Soros

Friend and supporter of Papa Obama
Good thing, he can give him more money
It is going to take a lot of money
to shove this "bag of goods" down
the US voter's throats come next election

 

[C_Clayton_Jones]

S&P downgrade marks extinction for 19th-20th century progressivism

Typical of the reactionary right – we will be forever ‘progressive,’ the United States can no more return to the socioeconomic paradigm the radical right fantasizes of than we can return to the horse-drawn carriage or the cotton gin.

The desire to improve the human condition is the core essence of Western Civilization.

 

[Neotrotsky]

why would i ever fear this? Thats just stupid. Stop spreading your stupid thoughts around.

Total Equality is not the same as balancing a Budget. I know what you are hinting at but its just stupid. The evidence is just not in your favor for such a moronic thought. Naturally you would use such a thought anyways.

I mean i know you want to avoid the fact that S &P stated that raising revenue is needed. That the downgrade wasn't because of current spending. It is about the attitude of dealing with the issue, and had we actually not passed a Bill. We would be looking at a D rating right now.

which some in the teatards where willing to play with in order to get what they wanted.

But i understand you wont understand these facts. They go against your meme you have been using for the past few days.

Yes
facts never seem to stop you

and punt. you dont disappoint

The truth I speak can be quite
eye opening and refreshing

 

[Neotrotsky]

S&P downgrade marks extinction for 19th-20th century progressivism

Typical of the reactionary right – we will be forever ‘progressive,’ the United States can no more return to the socioeconomic paradigm the radical right fantasizes of than we can return to the horse-drawn carriage or the cotton gin.

The desire to improve the human condition is the core essence of Western Civilization.

It really is a matter of choice

Both Europe and the US are currently showing
that the nanny-state cannot coexist with free market economies in the long run

People are going to have to choose between the CPEs
required by burdensome entitlement programs
or free market economies and personal responsibility



Why do US progressives fear to take the great leap?
They all know capitalism is failing us
Do they really believe we are only one regulation or one new tax
from fixing it?

We should all "man-up" and not "lean forward"
but take the full dive into gov't control of all the factors
of production to fully realize our Progressive Utopia

 

[Flopper]

Exactly

but again

We have reached that place that Margaret Thatcher spoke of :

"The trouble with Socialism is that eventually you run out of other people's money."



What tools do we have left?
- interest are low as they can go to go any good
- we can't tax anyone enough without crashing the economy
- how much can we debt spend since we are broke
- we can't not allow true reforms to entitlements which limit the state's role





What are we to do?


I for one comrade am ready to take the next step
Total capitulation of all the factors of production over to the gov't

It is the only answer and it is what we really want in the long run
anyway, as Progressives

Capitalism is highly over rated
would you not agree

It is only from being raised in this system of crony capitalism
that you hold on to it like some hopeful charm.
You are just use to it

Dream big

FRANCE now has a better credit rating than we do. Sweden is prospering.

Socialism is winning.

Sorry comrade

AAA Rated France May Be Vulnerable to Downgrade Following Cut to the U.S. AUg 7. 2011

They too could be facing the same problem as us

See the limitations put on our Progressive dreams by
what little free market is left is stopping us and others from achieving our Utopia


Then even more so
We should take the next step- beat France to it!

What is to fear?

You are only blocked by some type of traditionalism
to the system of crony capitalism. It is almost like an old
chair from your grandfather that you just don't have
the heart to throw out.

Sadly, it is time to let it go.

Just imagine, gov't allocation of all resources
nothing could be more fair and equitable

Countries with large social welfare systems are among the countries with best credit ratings.
Looking at the 17 countries whose debt is rated AAA, 10 of the 17, Norway, Luxembourg, Switzerland, Denmark, Finland, Sweden, Austria, Canada, the Netherlands, and Australia are social welfare states.

The most ‘socialist’ countries have the lowest credit risk « Exposing Faux Capitalism

 

[Neotrotsky]

Yes

Greece Italy Spain Portugal Ireland
oh
never mind

we won't talk about those

Your article is from June 2010
this one is from April of 2011
from the Economist

Europe, courting trouble

The Economist has been calling for restructuring for some time now. What's somewhat surprising and very troubling is the erosion of the firewall that the euro zone had managed to erect around Greece, Ireland, and Portugal. Ireland and Portugal are in similar straits and will almost certainly need to restructure their debts as well. And indeed, their bond yields are up this morning. For a while, however, it seemed that Spain had detached itself from this bunch, and that no longer appears to be the case. Yields on 2-year Spanish debt are also up 7% today, and yields on 10-year debt have risen nearly 3% to a new crisis high. ​

Socialism does not appear to create the "dream" economy everywhere


From July 2011

European debt crisis: stock markets tumble as Italy fears mount

World stock markets accelerated their falls on Tuesday as Italy struggled to avoid being sucked into the escalating European debt crisis, and Greece moved closer to a default.

Bank shares were in retreat across Europe, driven by fears that Italy will soon be unable to borrow on the international money markets. The euro continued to lose value rapidly and hit a low of $1.388 – it has now lost more than 3 cents against the dollar since Monday morning.​

Indeed

it does appear that the socialist "chickens are coming home to roost"

 

[Ragnar]

Choice or our Spenglerian fate? Time must surely tell.

I'll say this in favor of our Progressive friends. It sure must lighten their load to not have to pass budgets, have a lapdog government media and no responsibilities for past failures so long as they have good intentions. They will sleep better tonight than I will.

“Goodnight, you princes of Maine… you kings of New England.”

 

[Neotrotsky]

But for how long

AAA Rated France May Be Vulnerable to Downgrade Following Cut to the U.S. AUg 7. 2011

It does call into question your point that "socialism is working"

if only you read the link:

France’s rating at Standard & Poor’s is in a “stable perspective,” Jean-Michel Six, the firm’s chief economist for Europe, said in an interview with France Info radio yesterday.

While all three major credit-rating companies have confirmed France’s top level in recent months.

but i mean why bother right? speculation is just that speculation and not facts.

Cherry Picking

oh wait I just found this in the
article

“France is not, in my view, a AAA country,” said Paul Donovan, London-based deputy head of global economics at UBS AG. “France can’t print its own money, a critical distinction from the U.S. It is not treated as AAA by the markets.”​

 

[editec]

VOODOO economic policies can't last forever, can they?

Call what we have had whatever floats your boat.

Call it progressivism, liberalism, neo-conservatism, free market capitalism, socialism, fascism, libertarianism, but whatEVER you're calling it, the fact is that it is unsustainable because it does not serve enough people enough of the time!

 

[M.D. Rawlings]

You will look more and more insane the longer you try to claim with a straight face that Obama caused the debt this country is in right now.


Its like you never heard of Bush and the 7000 dow drop we saw on his watch along with two unpaid for wars and some of the lowest taxes in history.

 

[M.D. Rawlings]

Grab yer lariat. We gonna lasso us a hyperbole!

Really comrade

We have reached that place that Margaret Thatcher spoke of :

"The trouble with Socialism is that eventually you run out of other people's money."

It is the only Progressive solution left
We could try to impose our statism through regulation but that
takes too long and it is hard to control the individual in that

Dream Big comrade

All this talk about socialism makes me laugh for several reasons.

First of all, so-called socialistic countries like Canada, Norway, Sweden, and Germany are actually doing pretty well. What they have that we don't is a political system that works much better and a love of common sense consensus solutions to complex problems. Unfortunately, America too frequently has had dogmatic ideologues in positions of power (like DeLay and Bush 43) who didn't care about details or numbers. (And in the case of DeLay, he was also amoral and didn't care about anyone but himself)

Secondly, don't kid yourself about numbers. When the last president was trying to raid social security for his Wall Street friends, he was spending money hand over fist everywhere he turned. K-street lobbyist knew just how to get a hold of a lot of it, and Republican congressmen were duly rewarded with campaign contributions in order to make sure that "the right people" were on the receiving end of taxpayer dollars. That didn't have a damn thing to do with socialism. That was pure corruption.

And finally, that communist country, China, not only is one of our biggest creditors, they now have a lot of our jobs. Consequently, if America was betrayed by any group, it wasn't socialists. It was capitalists because it was the capitalists who salivated at the thought of the even bigger profits they could make if they could only tap in to all that cheap labor overseas.

And here we are. At least be mad at the right people.

 

[M.D. Rawlings]

Man neo you have been spamming the boards pushing this Obama/dems/progressives fault quite hard as of late.

We could take your last what 5 threads and merge them and nobody would be able to tell the difference.

We got it, you think the downgrade is the fault of Obama and democrats, and no matter what actually evidence is presented you wont be swayed.

You have become my second favorite partisan hack on this site. The Rabbi takes that 1st place medal. Ive never seen people so more wrong on issues than you two.

 

[editec]

Choice or our Spenglerian fate? Time must surely tell.

I'll say this in favor of our Progressive friends. It sure must lighten their load to not have to pass budgets, have a lapdog government media and no responsibilities for past failures so long as they have good intentions. They will sleep better tonight than I will.

“Goodnight, you princes of Maine… you kings of New England.”

Oh my goodness.

An Oswald Spengler reference!?!

I am thoroughly impressed, Ragnar.

More so if you actually managed to wade though "Decline of the West".

I used to read passages of that book whenever I was too happy and wanted to cheer myself down.

 

[Neotrotsky]

Choice or our Spenglerian fate? Time must surely tell.

I'll say this in favor of our Progressive friends. It sure must lighten their load to not have to pass budgets, have a lapdog government media and no responsibilities for past failures so long as they have good intentions. They will sleep better tonight than I will.

“Goodnight, you princes of Maine… you kings of New England.”

Indeed, denying until the collapse would actually
be a better move for them

 

[Neotrotsky]

Choice or our Spenglerian fate? Time must surely tell.

I'll say this in favor of our Progressive friends. It sure must lighten their load to not have to pass budgets, have a lapdog government media and no responsibilities for past failures so long as they have good intentions. They will sleep better tonight than I will.

“Goodnight, you princes of Maine… you kings of New England.”

Oh my goodness.

An Oswald Spengler reference!?!

I am thoroughly impressed, Ragnar.

More so if you actually managed to wade though "Decline of the West".

I used to read passages of that book whenever I was too happy and wanted to cheer myself down.

hopefully you did not have to do that too often