Labor Participation Rate Lowest Since 1978 - Yet there are 10 Fold More Working Mom's Now!!!

[EdwardBaiamonte]

HOW DID THE "FREE MARKETS" work out in the latest example of the world wide credit bubble and bust again?

132 liberal programs to get people in to homes the free market said they could not afford is not freedom you total idiot!!

 

[Dad2three]

Attention all proponents of the “invisible hand” panacea for every socioeconomic problem: It does not work!

dear Smoot Hawley collapsed the free trade invisible hand and helped cause the Depression. Do you think Smoot Hawley
prevented the Great Depression.

See why we say the liberal will be stupid??

'

What prevented US getting out of the GOP great depression was FDR listening to the conservative deficit scolds when he cut spending 10% and put US back into it!


Conservative: Idiots who don't learn from history!

 

[EdwardBaiamonte]

Don't understand the difference of the commerce clause and the actual constitutional convention? I''m not surprised Bubba! ;

so the Commerce Clause came from the Girl Scouts, not the Constitutional Convention???

See why we say a liberal will be stupid??

 

[Dad2three]

HOW DID THE "FREE MARKETS" work out in the latest example of the world wide credit bubble and bust again?

132 liberal programs to get people in to homes the free market said they could not afford is not freedom you total idiot!!

Sure Bubba, in dozens of nations, Philippines, Russia, China, UK, Ireland, etc right? lol

 

[Centinel]

I should not think that freedom required any defense.

Don't understand the difference with free markets versus freedom, that right wing meme that means exactly what again? Oh right nothing but the rights desire to run roughshod WHILE not paying taxes!

If one opposes free markets then one opposes freedom.

Libertarians are frauds and parasites but unfortunately have been successful in hiding their dangerous disease under war hating, and freedom loving. Sadly their freedom isn't freedom, it is chaos and opens the door to a real loss of democracy.

They unwittingly use the protections, benefits and accomplishments government has to offer to create their fortunes, while pompously declaring they did it all on their own.

Clueless igets, everyone.



(Re-)Introducing: The American School of Economics


When the United States became independent from Britain it also rebelled against the British System of economics, characterized by Adam Smith, in favor of the American School based on protectionism and infrastructure and prospered under this system for almost 200 years to become the wealthiest nation in the world. Unrestrained free trade resurfaced in the early 1900s culminating in the Great Depression and again in the 1970s culminating in the current Economic Meltdown.



American School of Economics

Closely related to mercantilism, it can be seen as contrary to classical economics. It consisted of these three core policies:

protecting industry through selective high tariffs (especially 1861–1932) and through subsidies (especially 1932–70)

government investments in infrastructure creating targeted internal improvements (especially in transportation)

a national bank with policies that promote the growth of productive enterprises rather than speculation


Frank Bourgin's 1989 study of the Constitutional Convention shows that direct government involvement in the economy was intended by the Founders

The goal, most forcefully articulated by Hamilton, was to ensure that dearly won political independence was not lost by being economically and financially dependent on the powers and princes of Europe. The creation of a strong central government able to promote science, invention, industry and commerce, was seen as an essential means of promoting the general welfare and making the economy of the United States strong enough for them to determine their own destiny.


American School economics - Wikipedia the free encyclopedia

You seem to be opposed to free markets, so I assume you also oppose freedom. I hold that my fellow man ought to be free to act as he wishes so long as he doesn't violate the borders of anyone else's person or property.

I'm sure YOU do Bubba. It's nothing but a fantasy that's been disproved over and over. Ayn Rand wrote fiction, when you graduated high school you should've grown out of the fantasy stage of life!

You oppose your fellow man being free to act so long as he doesn't trespass against the person or property of his fellow man. Thanks for clarifying.

HOW DID THE "FREE MARKETS" work out in the latest example of the world wide credit bubble and bust again?

Those weren't free markets. They were highly regulated by the government. Regulation is obviously a failed policy, as evidenced by the 2008 financial crisis.

 

[EdwardBaiamonte]

Attention all proponents of the “invisible hand” panacea for every socioeconomic problem: It does not work!

dear Smoot Hawley collapsed the free trade invisible hand and helped cause the Depression. Do you think Smoot Hawley
prevented the Great Depression.

See why we say the liberal will be stupid??

'

What prevented US getting out of the GOP great depression was FDR listening to the conservative deficit scolds when he cut spending 10% and put US back into it!


Conservative: Idiots who don't learn from history!

Interestingly, during 1935 — a year considered one of recovery — total government outlays measured $6.4 billion, less than during both 1936 and 1937. In fact, looking back to the years from 1933 to 1935, government spending peaked at $6.5 billion in 1934. It suffices to say that explaining Roosevelt's recession by pointing at a decrease in government spending is severely dishonest.




Economists disagree about the causes of this downturn. Keynesian economists tend to assign blame to cuts in Federal spending and increases in taxes at the insistence of the US Treasury[1], while monetarists, most notably Milton Friedman tended to assign blame to the Federal Reserve's tightening of the money supply in 1936 and 1937.[2]

They argued that the New Deal had been hostile to business expansion in 1935–37 and had encouraged massive strikes.

Catalan: The Federal Reserve tightened its open market operations in late 1936, causing another credit contraction and another period of market clearing—that is, the market forced the liquidate of malinvestments made during the “boom” years of 1933–36. This leads to two conclusions. First, the “recovery” made during the first administration of the Roosevelt presidency was artificial and did not represent a recovery of real wealth. Second, the principle cause of the “depression within a depression” was a restoration of the market after it had been distorted by the prior credit boom of the mid-1930s.

There were likely other factors, including increased employment costs and increased taxes. Clearly, however, it was credit expansion which catalyzed the inevitable boon

 

[EdwardBaiamonte]

Sure Bubba, in dozens of nations, Philippines, Russia, China, UK, Ireland, etc right? lol

dear, I have asked you why dozens of nations matter and you have always been afraid to answer. why bring it up unless you are stupid?

 

[Roadrunner]

I have stated many times we need to do more to protect our manufacturing base!!

easy enough, make liberal unions, taxes, and deficits illegal to bring back 20 million jobs tomorrow and create upward pressure on wages. Ship 20 million illegals home and create 20 millon more new jobs tomorrow, and even more upward pressure on wages!

How about cut off all assistance to the able bodied after six months.

Militias would form to drive the "illegals"(God love them, at least most WORK) out.

 

[EdwardBaiamonte]

How about cut off all assistance to the able bodied after six months.

not a bad idea but far more humane after we have stopped liberal policies that have driven all the jobs to China.

 

[Dad2three]

Don't understand the difference with free markets versus freedom, that right wing meme that means exactly what again? Oh right nothing but the rights desire to run roughshod WHILE not paying taxes!

If one opposes free markets then one opposes freedom.

Libertarians are frauds and parasites but unfortunately have been successful in hiding their dangerous disease under war hating, and freedom loving. Sadly their freedom isn't freedom, it is chaos and opens the door to a real loss of democracy.

They unwittingly use the protections, benefits and accomplishments government has to offer to create their fortunes, while pompously declaring they did it all on their own.

Clueless igets, everyone.



(Re-)Introducing: The American School of Economics


When the United States became independent from Britain it also rebelled against the British System of economics, characterized by Adam Smith, in favor of the American School based on protectionism and infrastructure and prospered under this system for almost 200 years to become the wealthiest nation in the world. Unrestrained free trade resurfaced in the early 1900s culminating in the Great Depression and again in the 1970s culminating in the current Economic Meltdown.



American School of Economics

Closely related to mercantilism, it can be seen as contrary to classical economics. It consisted of these three core policies:

protecting industry through selective high tariffs (especially 1861–1932) and through subsidies (especially 1932–70)

government investments in infrastructure creating targeted internal improvements (especially in transportation)

a national bank with policies that promote the growth of productive enterprises rather than speculation


Frank Bourgin's 1989 study of the Constitutional Convention shows that direct government involvement in the economy was intended by the Founders

The goal, most forcefully articulated by Hamilton, was to ensure that dearly won political independence was not lost by being economically and financially dependent on the powers and princes of Europe. The creation of a strong central government able to promote science, invention, industry and commerce, was seen as an essential means of promoting the general welfare and making the economy of the United States strong enough for them to determine their own destiny.


American School economics - Wikipedia the free encyclopedia

You seem to be opposed to free markets, so I assume you also oppose freedom. I hold that my fellow man ought to be free to act as he wishes so long as he doesn't violate the borders of anyone else's person or property.

I'm sure YOU do Bubba. It's nothing but a fantasy that's been disproved over and over. Ayn Rand wrote fiction, when you graduated high school you should've grown out of the fantasy stage of life!

You oppose your fellow man being free to act so long as he doesn't trespass against the person or property of his fellow man. Thanks for clarifying.

HOW DID THE "FREE MARKETS" work out in the latest example of the world wide credit bubble and bust again?

Those weren't free markets. They were highly regulated by the government. Regulation is obviously a failed policy, as evidenced by the 2008 financial crisis.

"free markets"? SHOW ME ONE. ANY ONE? EVER? LOL


MYTHS AND FAIRY TALES IS ALL!



Yeah, WORLD WIDE CREDIT BUBBLE (like the 1920's) was the federal Gov't fault *shaking head*

Jun 16, 2005 -

The worldwide rise in house prices is the biggest bubble in history. Prepare for the economic pain when it pops



NEVER before have real house prices risen so fast, for so long, in so many countries. Property markets have been frothing from America, Britain and Australia to France, Spain and China. Rising property prices helped to prop up the world economy after the stockmarket bubble burst in 2000. What if the housing boom now turns to bust?

According to estimates by The Economist, the total value of residential property in developed economies rose by more than $30 trillion over the past five years, to over $70 trillion, an increase equivalent to 100% of those countries' combined GDPs. Not only does this dwarf any previous house-price boom, it is larger than the global stockmarket bubble in the late 1990s (an increase over five years of 80% of GDP) or America's stockmarket bubble in the late 1920s (55% of GDP). In other words, it looks like the biggest bubble in history.

The global housing boom In come the waves The Economist


Politics Most Blatant

Conservatives Can’t Escape Blame for the Financial Crisis

The onset of the recent financial crisis in late 2007 created an intellectual crisis for conservatives, who had been touting for decades the benefits of a hands-off approach to financial market regulation. As the crisis quickly spiraled out of control, it quickly became apparent that the massive credit bubble of the mid-2000s, followed by the inevitable bust that culminated with the financial markets freeze in the fall of 2008, occurred predominantly among those parts of the financial system that were least regulated, or where regulations existed but were largely unenforced.

Predictably, many conservatives sought to blame the bogeymen they always blamed.
Politics Most Blatant Center for American Progress

 

[Dad2three]

I have stated many times we need to do more to protect our manufacturing base!!

easy enough, make liberal unions, taxes, and deficits illegal to bring back 20 million jobs tomorrow and create upward pressure on wages. Ship 20 million illegals home and create 20 millon more new jobs tomorrow, and even more upward pressure on wages!

How about cut off all assistance to the able bodied after six months.

Militias would form to drive the "illegals"(God love them, at least most WORK) out.

Contrary to "Entitlement Society" Rhetoric, Over Nine-Tenths of Entitlement Benefits Go to Elderly, Disabled, or Working Households



Such beliefs are starkly at odds with the basic facts regarding social programs, the analysis finds. Federal budget and Census data show that, in 2010, 91 percentof the benefit dollars from entitlement and other mandatory programs went to the elderly (people 65 and over), the seriously disabled, and members of working households. People who are neither elderly nor disabled — and do not live in a working household — received only 9 percent of the benefits.

Moreover, the vast bulk of that 9 percent goes for medical care, unemployment insurance benefits (which individuals must have a significant work history to receive), Social Security survivor benefits for the children and spouses of deceased workers, and Social Security benefits for retirees between ages 62 and 64. Seven out of the 9 percentage points go for one of these four purposes.
Contrary to Entitlement Society Rhetoric Over Nine-Tenths of Entitlement Benefits Go to Elderly Disabled or Working Households Center on Budget and Policy Priorities

 

[EdwardBaiamonte]

"free markets"? SHOW ME ONE. ANY ONE? EVER? LOL


MYTHS AND FAIRY TALES IS ALL!

too stupid dumbto3 no one ever said there is an example of pure free or communist market. So you have no point. Just being stupid some more.

 

[EdwardBaiamonte]

Contrary to "Entitlement Society" Rhetoric, Over Nine-Tenths of Entitlement Benefits Go to Elderly, Disabled, or Working Households

so? We are opposed to entitlements in principle regardless of who receives them. Do you see anything about entitlements in the Constitution?? IS this why liberals spied for Stalin and Hitler??

 

[Dad2three]

Contrary to "Entitlement Society" Rhetoric, Over Nine-Tenths of Entitlement Benefits Go to Elderly, Disabled, or Working Households

so? We are opposed to entitlements in principle regardless of who receives them. Do you see anything about entitlements in the Constitution?? IS this why liberals spied for Stalin and Hitler??

 

[Centinel]

If one opposes free markets then one opposes freedom.

Libertarians are frauds and parasites but unfortunately have been successful in hiding their dangerous disease under war hating, and freedom loving. Sadly their freedom isn't freedom, it is chaos and opens the door to a real loss of democracy.

They unwittingly use the protections, benefits and accomplishments government has to offer to create their fortunes, while pompously declaring they did it all on their own.

Clueless igets, everyone.



(Re-)Introducing: The American School of Economics


When the United States became independent from Britain it also rebelled against the British System of economics, characterized by Adam Smith, in favor of the American School based on protectionism and infrastructure and prospered under this system for almost 200 years to become the wealthiest nation in the world. Unrestrained free trade resurfaced in the early 1900s culminating in the Great Depression and again in the 1970s culminating in the current Economic Meltdown.



American School of Economics

Closely related to mercantilism, it can be seen as contrary to classical economics. It consisted of these three core policies:

protecting industry through selective high tariffs (especially 1861–1932) and through subsidies (especially 1932–70)

government investments in infrastructure creating targeted internal improvements (especially in transportation)

a national bank with policies that promote the growth of productive enterprises rather than speculation


Frank Bourgin's 1989 study of the Constitutional Convention shows that direct government involvement in the economy was intended by the Founders

The goal, most forcefully articulated by Hamilton, was to ensure that dearly won political independence was not lost by being economically and financially dependent on the powers and princes of Europe. The creation of a strong central government able to promote science, invention, industry and commerce, was seen as an essential means of promoting the general welfare and making the economy of the United States strong enough for them to determine their own destiny.


American School economics - Wikipedia the free encyclopedia

You seem to be opposed to free markets, so I assume you also oppose freedom. I hold that my fellow man ought to be free to act as he wishes so long as he doesn't violate the borders of anyone else's person or property.

I'm sure YOU do Bubba. It's nothing but a fantasy that's been disproved over and over. Ayn Rand wrote fiction, when you graduated high school you should've grown out of the fantasy stage of life!

You oppose your fellow man being free to act so long as he doesn't trespass against the person or property of his fellow man. Thanks for clarifying.

HOW DID THE "FREE MARKETS" work out in the latest example of the world wide credit bubble and bust again?

Those weren't free markets. They were highly regulated by the government. Regulation is obviously a failed policy, as evidenced by the 2008 financial crisis.

"free markets"? SHOW ME ONE. ANY ONE? EVER? LOL


MYTHS AND FAIRY TALES IS ALL!

Hm, so you're saying that the free market caused the 2008 financial collapse. And you're also saying that free market's don't exist.

I think you need to get your story straight.

 

[EdwardBaiamonte]

Contrary to "Entitlement Society" Rhetoric, Over Nine-Tenths of Entitlement Benefits Go to Elderly, Disabled, or Working Households

so? We are opposed to entitlements in principle regardless of who receives them. Do you see anything about entitlements in the Constitution?? IS this why liberals spied for Stalin and Hitler??

cartoons from dumto3!!

 

[Dad2three]

Libertarians are frauds and parasites but unfortunately have been successful in hiding their dangerous disease under war hating, and freedom loving. Sadly their freedom isn't freedom, it is chaos and opens the door to a real loss of democracy.

They unwittingly use the protections, benefits and accomplishments government has to offer to create their fortunes, while pompously declaring they did it all on their own.

Clueless igets, everyone.



(Re-)Introducing: The American School of Economics


When the United States became independent from Britain it also rebelled against the British System of economics, characterized by Adam Smith, in favor of the American School based on protectionism and infrastructure and prospered under this system for almost 200 years to become the wealthiest nation in the world. Unrestrained free trade resurfaced in the early 1900s culminating in the Great Depression and again in the 1970s culminating in the current Economic Meltdown.



American School of Economics

Closely related to mercantilism, it can be seen as contrary to classical economics. It consisted of these three core policies:

protecting industry through selective high tariffs (especially 1861–1932) and through subsidies (especially 1932–70)

government investments in infrastructure creating targeted internal improvements (especially in transportation)

a national bank with policies that promote the growth of productive enterprises rather than speculation


Frank Bourgin's 1989 study of the Constitutional Convention shows that direct government involvement in the economy was intended by the Founders

The goal, most forcefully articulated by Hamilton, was to ensure that dearly won political independence was not lost by being economically and financially dependent on the powers and princes of Europe. The creation of a strong central government able to promote science, invention, industry and commerce, was seen as an essential means of promoting the general welfare and making the economy of the United States strong enough for them to determine their own destiny.


American School economics - Wikipedia the free encyclopedia

You seem to be opposed to free markets, so I assume you also oppose freedom. I hold that my fellow man ought to be free to act as he wishes so long as he doesn't violate the borders of anyone else's person or property.

I'm sure YOU do Bubba. It's nothing but a fantasy that's been disproved over and over. Ayn Rand wrote fiction, when you graduated high school you should've grown out of the fantasy stage of life!

You oppose your fellow man being free to act so long as he doesn't trespass against the person or property of his fellow man. Thanks for clarifying.

HOW DID THE "FREE MARKETS" work out in the latest example of the world wide credit bubble and bust again?

Those weren't free markets. They were highly regulated by the government. Regulation is obviously a failed policy, as evidenced by the 2008 financial crisis.

"free markets"? SHOW ME ONE. ANY ONE? EVER? LOL


MYTHS AND FAIRY TALES IS ALL!

Hm, so you're saying that the free market caused the 2008 financial collapse. And you're also saying that free market's don't exist.

I think you need to get your story straight.

I'm claiming Banksters drove the bubble, like they did with Ronnie's S&L crisis, AND the GOP great depression. What were the similarities with these 3 periods?

Hint the closest to laissez faire governance the US has had in 100+ years!

 

[EdwardBaiamonte]

I'm claiming Banksters drove the bubble,!

100% stupid of course a bubble requires money and only the Fed can produce it. See why we say dumbto3??[/QUOTE]

 

[Centinel]

You seem to be opposed to free markets, so I assume you also oppose freedom. I hold that my fellow man ought to be free to act as he wishes so long as he doesn't violate the borders of anyone else's person or property.

I'm sure YOU do Bubba. It's nothing but a fantasy that's been disproved over and over. Ayn Rand wrote fiction, when you graduated high school you should've grown out of the fantasy stage of life!

You oppose your fellow man being free to act so long as he doesn't trespass against the person or property of his fellow man. Thanks for clarifying.

HOW DID THE "FREE MARKETS" work out in the latest example of the world wide credit bubble and bust again?

Those weren't free markets. They were highly regulated by the government. Regulation is obviously a failed policy, as evidenced by the 2008 financial crisis.

"free markets"? SHOW ME ONE. ANY ONE? EVER? LOL


MYTHS AND FAIRY TALES IS ALL!

Hm, so you're saying that the free market caused the 2008 financial collapse. And you're also saying that free market's don't exist.

I think you need to get your story straight.

I'm claiming Banksters drove the bubble, like they did with Ronnie's S&L crisis, AND the GOP great depression. What were the similarities with these 3 periods?

Hint the closest to laissez faire governance the US has had in 100+ years!

Okay, so thank you for conceding that these financial crises were *not* the result of a free market.

As we have observed, regulated financial markets result in financial collapse.

 

[Roadrunner]

NAFTA is and was horrible.

actually Nafta is free trade without which you would starve trying to make your car home and phone all by yourself.

So before NAFTA we were all starving and didn't have a car, home, or phone?

Must have been widespread starvation before the Great Society.

Look at Edmund Pettus bridge photos from '60's, and from last month's anniversary.

It is a wonder it did not collapse.

Morbid obesity, and morbid obesity related disorders will be our downfall, not NAFTA/CAFTA or RASTA.