United States Heading towards a Depression?

A country (the only one I might add) that brings in 4.6 trillion dollars in revenue to the federal government alone is a joke?
That's more than the GDP of every country on the planet with the exception of a small handful.

 

Those stuck in the silly paradigm are going to perpetuate it, of course. Those who actually know history understand "left-right" to be an over simplistic tool used to box people's ideas and keep them divided instead of discussing real issues. How many pages are we on? 337. What has been gained? Nothing.

My use of the term was pejorative really, just like any generalisation. It is, although what they call themselves. They're the ones with the red flags and fists. It's hard not to use their own labels, I must admit, but that's where my use stops. I don't identify any distinction between left and right these days; as I said, the amalgamation of once separate ideologies has created uni-partisan sentiment. Read up on Mussolini's Fascism, you'll be astonished to find many principles are the core of just about all modern parties.

Put it this way: Republicans or Democrats, whichever holds office still intervenes in the economy, removes your rights, increases your taxes, enslaves you in debt and spends your money on things you didn't or wouldn't consent to - and of course murders foreigners in your name.

The parties are in bed with each other just as much as they are with the bankers. You're so incredibly naive. There's nothing 'right' about the Republican club and nothing 'left' about the Democrat club. They both steal from and oppress The People they just argue on the methods. Wake up!

You're looking at the weed's leaves when the roots need attention.

 

So much for standing their Ground - and what have the Republicans who control the House that originates all spending bills published of their plans...absolutly nothing.

What is a joke is not raising taxes on those who can afford it and had them lowered while the previous Administration engaged in a meaningless war (Iraq) that caused the deepest recession since the Great Depression.

Put in writing the Republican plan and begin the process....what are they afraid of ????

 

Who exactly is it that can "afford" to have higher taxes? Please expand, I'm really interested in this response.

 

Let's hope he means those who are actually rich, i.e. the billionaires. This is something supporters of Marxism and wealth distribution grossly wrongly define.

How often have you heard for the 'rich' with their few hundred grand annual income to be taxed to hell? It's like their minds can only comprehend up to six figure numbers

 

Just ask Bill, Hillary and George....or like the above Republicans cut your mothers SS.

 

Then these must be the questions of the year :


Why did GE leave the USA ... for the most part ? Why are their former plants shut down in the USA if they had it so good ? They are going about buying Chinese banks ... why did they not invest in American banks ??

I am not right or left wing. They both accept money from the same people.

 

I'll take a stab at these questions:

Didn't leave at all. Like the largest international companies they expanded internationally. Companies reveal relatively little about their employment totals. Data I've seen suggests overall GE employment in US is down from 2000 and up a lot around the world

Like lots of international companies they seem to be unrestricted and do as they wish. World wide population is far larger than US population. Worldwide economic growth is far larger than US growth. Also they are building factories in those markets to take advantage of both the growth and the lower wage rates. Frankly I don't see how any of that is advantageous or helpful to the US. Why give them all these tax breaks. It doesn't look to me like they are putting money, investment etc back into the US. BTW: like most companies and reflective of the ownership of stocks on the US stock exchanges....greater proportions of stock ownership is going overseas. That means dividends are flowing overseas. I can't see why these guys are getting special interest tax breaks. They aren't hiring in the US and they aren't investing in the US and they aren't putting money back into the US (at least not in the proportion that they did in the past).

GE is a big big big and unique finance company. Within the US they are and have been treated differently than traditional banks. They get a different type of oversight and regulation. Frankly they might not have wanted to buy American banks for the regulatory reasons. Oversees it might not matter.

 

That's pretty much what I said. After reading your answers, it seems that they follow the money more than they follow helping their fellow American. It is, in my opinion, the weakness of capitalism. The desire for money outgrows the desire to give back to the country that gave it ( the company ) its birth. Part of the downturn in employment has got to be automation. It is the way things have been for years. It is the reason why enterprise software is so big.

Me either. Some people suggest that the big companies pay politicians to make laws in their favor. For the opposite example, how many times have you heard of someone in the upper echelons of control giving X amount of dollars to a particular group ? Later, we find out their wife or family member is employed there. Its not illegal, but plenty shady. I suppose it comes down to conscience, and for the USA, that aspect has fallen dramatically.



For the current depression, I do not know who is more to blame, complacent citizenry or the cancer known as "QE". If a cancer patient is told they only have six months to live but still keeps on eating junk food and ignoring reality, should they expect to be cured ? Will "eating peas" save them ?

....

 

Still waiting to hear who it is that can "afford" to have higher taxes... ?

 

Woah, steady now. I wouldn't go as far to say these problems are an inherent weakness in capitalism. How long have we had these problems? Not for long, at least to the extent we see now. These issues were non-existent back when nations managed themselves; nationalist capitalism.

This isn't a problem with capitalism, it's a problem with unrestricted international competition - the legacy the neo-cons brought into public. The world is too big and unbalanced a labour market and to have countries like ours compete with China and India is ridiculously premature and frighteningly Darwinist.

I'm beginning to understand Obamanation's ideas of exporting labour laws and working/living standards before globalism can be attempted.

 

Unlike the Republicans who have no plan for the future, the Administration continues to work diligently for the Nations economic recovery.

With yields at less than 3% a robust Stimulus package would more than pay for its implementation / risk over the objections of those presently mired in delusions of economic ineptitude and salient political rehtoric.

 

I agree with that. The inherent weakness and strength ( both ) in any human power system is the human. . Capitalism is certainly better than other forms of economics, where the creativity of the human mind is strengthened. The negative aspects of human character ruin it for everyone. If evolution was true, this would means free capitalism would be the only way to go. But... that is another topic entirely.

We as humans have had them since money existed. We as a country started having a problem when we abandoned the gold standard. Now look where we are, or at least where the bankers are :

Gold is not money ? :​

[video=youtube;2NJnL10vZ1Y]http://www.youtube.com/watch?v=2NJnL10vZ1Y[/video]
​

 

You just cannot make stuff like this up.. I swear I must have 1000's of screen shots of this stuff I send to people as jokes...
Keep it coming... Friggin hilarious stuff there.

 

Plagiarizing posts is simply childish, your lack of decorum reflects your politics - of empty rhetoric.

 

It's not plagiarizing when its quoted.

Another screen shot to send .. thanks kid, keep them coming!

 

Sorry Mia, people with ideas and accomplish legislative enactments have a way of being rewarded when running for reelection - and the same for those who rely on empty rhetoric as receiving the opposite.

Snap away.

 

Ron Paul for president!

Forget "left" and "right", think Constitution!

Paul received the most funding from army personnel. Real people, not slimy Wall Street snakes like those who funded Obama. If a lot of soldiers agree with Paul, all is not lost.

 

That number is shrinking as more states eliminate collective bargaining and give workers a right to choose whether they want to be in a union.. Pretty soon, there won't be any union money left to contribute.

 

Mia, my understanding is not extensive on the subject. Are you implying that some workers are forced to join a union?