Why does the reactionary right want the world economy to fail?

[CrusaderFrank]

Do you have a link to show that statement is true?

His answer seems to be that crashing the world economy could only be avoided by sinking ourselves even further into debt.

It's the official position of this administration!
[ame=http://www.youtube.com/watch?v=LHFEcyUNBjg]Biden: We Have To Spend Money To Keep From Going Bankrupt - YouTube[/ame]

Unemployment stimulates the economy too

 

[Amelia]

 

[Big Fitz]

His answer seems to be that crashing the world economy could only be avoided by sinking ourselves even further into debt.

It's the official position of this administration!
[ame=http://www.youtube.com/watch?v=LHFEcyUNBjg]Biden: We Have To Spend Money To Keep From Going Bankrupt - YouTube[/ame]

Unemployment stimulates the economy too

Just ask Nancy Pelosi on how well it works. It works SOOOOO well, everyone should be unemployed! Then it'll be working perfectly and we'll have a roaring economy again!

Huzzah!

:rollleyes:

 

[The T]

It's the official position of this administration!
Biden: We Have To Spend Money To Keep From Going Bankrupt - YouTube

Yep, he's right.

It's worked really well in Greece, I hear.
Are people really this stupid?

Followed by Spain, and France...but the Spainards saw fit to reject every Statist in thier government and elect Conservatives...so good on them.

 

[Contumacious]

Why doesn't the reactionary left understand that those countries --including the US of A - which adopt fascism/socialism as their socio-economic policy will fail?

.

 

[The T]

Why doesn't the reactionary left understand that those countries --including the US of A - which adopt fascism/socialism as their socio-economic policy will fail?

.

Because thier own Liberty means zero to them and are lazy?

 

[Big Fitz]

Why doesn't the reactionary left understand that those countries --including the US of A - which adopt fascism/socialism as their socio-economic policy will fail?

.

denial is a powerful thing.

 

[The T]

Why doesn't the reactionary left understand that those countries --including the US of A - which adopt fascism/socialism as their socio-economic policy will fail?

.

denial is a powerful thing.

So is living in an alternate universe aside from reality the rest of are contending with

 

[Political Junky]

Why doesn't the reactionary left understand that those countries --including the US of A - which adopt fascism/socialism as their socio-economic policy will fail?

.

denial is a powerful thing.

Fascism and Socialism are two different things.

 

[Stephanie]

Yet another analogy based argument, devoid of actual substance.

Really? And where is the money coming from for all this new spending? How long you think he's going to get to continue the illusion of solvancy while printing us into the Weimar Republic to cover our debts?

Hmmmm?

Fiat currency is only as good as the integrity of the government that says it's worth something.

Where is the job growth?
Where is the accountability for corrupt elected officials profiteering off of crony capitalism?
Where's the economic restraint?

You're ******* nuts if you think nothing is wrong here.

And all of this changes the fact that refusing to raise a debt ceiling when you revenues only cover half your expenses will cause treasury prices to drop through the floor - how?


You're confused. I didn't say the reactionary right wanted to fix the economy in a different way than the radical left. I said they want to destroy it. This is abundantly clear by their actions in Congress. They weren't just toying with the debt ceiling for politics, they were clearly 100% willing to allow it to be hit and to suffer the punishing consequences of trillions of dollars in treasuries being dumped all at once by panicked bond investors. I have yet to find a single person on this board or anywhere who says they would buy treasuries if the debt ceiling hadn't been raised. For a bond's price to not fall into oblivion, there has to actually be willing buyers. Do you understand economics?

[ame=http://www.youtube.com/watch?v=RWOMsugKkfk]Obama Vote's Against Raising Debt Ceiling in 2006 - YouTube[/ame]
now take your stupid thread and eat it.

 

[Stephanie]

All Democrat Senators Voted Against Raising Debt Ceiling
Posted by John Hitchcock on 17 July 2011, 2:54 am
0diggsdiggThe year was 2006. The President was George W Bush. The debt ceiling was being approached. And every Democrat Senator voted against raising the debt ceiling.



Let’s see.
Joe Biden
Barack Obama
Hillary Clinton
Harry Reid
Barbara Boxer
Chuck Schumer
And the rest of the Democrats

I guess they all wanted the US to default on its debt. I guess they all wanted senior citizens to lose their Social Security checks. I guess they all wanted Medicare and Medicaid recipients to lose their healthcare.

To hear the Democrats talk now, that’s exactly what the Democrats wanted to do back in 2006.

from..
All Democrat Senators Voted Against Raising Debt Ceiling « Common Sense Political Thought

 

[The T]

Why doesn't the reactionary left understand that those countries --including the US of A - which adopt fascism/socialism as their socio-economic policy will fail?

.

denial is a powerful thing.

Fascism and Socialism are two different things.

However the Result is exactly the same isn't it?

 

[Political Junky]

denial is a powerful thing.

Fascism and Socialism are two different things.

However the Result is exactly the same isn't it?

No.

 

[Contumacious]

Fascism and Socialism are two different things.

However the Result is exactly the same isn't it?

No.

Can't handle the truth?

.

 

[Big Fitz]

And all of this changes the fact that refusing to raise a debt ceiling when you revenues only cover half your expenses will cause treasury prices to drop through the floor - how?

You don't need to raise the debt ceiling IF YOU CUT SPENDING!

That is the moral and responsible thing to do.

I said they want to destroy it.

You have the right to be wrong and called on it.

This is abundantly clear by their actions in Congress.

A bunch of crony's covering their elected ass and those people who are buying them votes. We need more tea party candidates there who hate big government and crony capitalism and term limits to stop the fresh congressmen from going rotten in office.

They weren't just toying with the debt ceiling for politics, they were clearly 100% willing to allow it to be hit and to suffer the punishing consequences of trillions of dollars in treasuries being dumped all at once by panicked bond investors.

You talk as if you think this won't happen if you keep raising the debt ceiling. In fact, every time you raise it you flirt with an even BIGGER collapse when it does come... and soon despite your impossible desires to the contrary.

 

[Big Fitz]

Why doesn't the reactionary left understand that those countries --including the US of A - which adopt fascism/socialism as their socio-economic policy will fail?

.

denial is a powerful thing.

Fascism and Socialism are two different things.

No, they only differ in HOW they accomplish the same result.

Liberalism=Marxism=Socialism=Progressivism=Communism=Fascism

They only differ in how they get to the same position of absolutist neo-feudalist control where the government has total say on you as their property.

Sorry, but I don't desire to be a peasent or serf.

 

[The T]

Fascism and Socialism are two different things.

However the Result is exactly the same isn't it?

No.

*Yes*

 

[Contumacious]

Why doesn't the reactionary left understand that those countries --including the US of A - which adopt fascism/socialism as their socio-economic policy will fail?

.

denial is a powerful thing.

Fascism and Socialism are two different things.

...The Fascist State organizes the nation, but leaves a sufficient margin of liberty to the individual; the latter is deprived of all useless and possibly harmful freedom, but retains what is essential; the deciding power in this question cannot be the individual, but the State alone....

Benito Mussolini
1932

And what my confused friend is the difference?!?!?!?!!?

.

 

[The T]

denial is a powerful thing.

Fascism and Socialism are two different things.

No, they only differ in HOW they accomplish the same result.

Liberalism=Marxism=Socialism=Progressivism=Communism=Fascism

They only differ in how they get to the same position of absolutist neo-feudalist control where the government has total say on you as their property.

Sorry, but I don't desire to be a peasent or serf.

Perhaps some enjoy having a government leash on thier liberty?

 

[C_Clayton_Jones]

Why does the reactionary right want the world economy to fail?

Given the right’s protesting too much, it would seem the OP has hit a nerve.

Remember that such failure effects both public and private sectors. As unemployment rises, revenues fall forcing the elimination of ‘government programs.’ Indeed, cutting jobs is a way to ‘cut taxes,’ or more precisely, to decrease revenue to governments.

Conservatives for the most part will support any event that will reduce the number of public sector employees, eliminate ‘government programs,’ and, they hope, make government small enough to ‘drown it in a bathtub.’

It is in essence evidence of the radical nature of conservative reactionaryism.

A better question would be why does the reactionary left want the government to rule our lives and get us back to the days when we fought a revolution to get away from that kind of treatment?

There is no such thing as the ‘reactionary left,’ as the basic nature of progressivism is to embrace the future, move forward, and abandon the failed and harmful institutions of society, such as racism, segregation, and discrimination.