financial collapse

taxslave

Hall of Fame Member
Nov 25, 2008
36,362
4,340
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Vancouver Island


(poster bashing is so uncool)



are we to assume that everyone in Canada is gainfully employed ?? ( those of working age that is)

We might make sure we take care of our own before opening the doors for others who might decide to come en masse. .Particularly those from the "best country , richest country on the planet)

Most of them could be if they had the desire to be. Like Petros says there are jobs begging to be filled all over. Problem is many city folk just won't go where the work is. Much easier to complain about low wages at home than go away from mommys basement.
 

Ocean Breeze

Hall of Fame Member
Jun 5, 2005
18,399
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Debt Ceiling Holy War: Why Do Conservatives Have Unshakable Faith in Ideas That Are Totally, Demonstrably False?



Facts come second to faith in the GOP's populist brand of conservatism.

July 18, 2011 |






The Republican Party is holding the U.S. economy hostage. While the American people overwhelmingly support a solution to the debt ceiling impasse that includes a mix of tax hikes on the rich and cuts to the federal budget, the Tea Party GOP is deaf to their concerns. Moreover, even though President Barack Obama is willing to make painful concessions on entitlement spending—a move that hands the Republican Party a practical win—the Tea Party GOP remains intractable in its refusal to support even the most minimum of tax increases on the wealthiest Americans.
The American people, the world’s financial markets and the pundit classes ........

Debt Ceiling Holy War: Why Do Conservatives Have Unshakable Faith in Ideas That Are Totally, Demonstrably False? | | AlterNet

Most of them could be if they had the desire to be. Like Petros says there are jobs begging to be filled all over. Problem is many city folk just won't go where the work is. Much easier to complain about low wages at home than go away from mommys basement.

Don't think that everyone is affected by the Gen Y syndrome.
 

ironsides

Executive Branch Member
Feb 13, 2009
8,583
60
48
United States
What does a debt ceiling have to do with a holy war, and who mentioned holy war in the first place other than "AlterNet". You have to come up with better sources if your calling for a holy war.
 

petros

The Central Scrutinizer
Nov 21, 2008
117,457
14,315
113
Low Earth Orbit
Millions of pounds of drugs, cocaine, meth, heroin and marijuana, crossed
into the US from the Southern border.
If that **** is avalable easier and in greater supplies than ever before and it's getting into the country do you really think HLS will deter terrorists or just increase them like the drugs?
 

Cliffy

Standing Member
Nov 19, 2008
44,850
193
63
Nakusp, BC
There has always been trade and some form of capitalism, even in the poorest of places. What is dangerous is unbridled capitalism and its never ending need for economic growth. This is what is destroying the planet, this is why there is so much poverty as capitalists rape resources from poor countries and ;eave the people to fend for themselves. Why do you think the US has supported so many brutal dictatorships? It has always been about getting cheap resources, oil, food, materials from third world countries that are stable because the people are controlled by brute force. We in the west would not have our decadent lifestyle without it. We depend on the oppression and exploitation of other people for our two car garage/1.4 child/ white picket fence/ Disneyesque world that we live in while the rest of humanity suffers in sweat shops so we can wear over priced goods.
 

mentalfloss

Prickly Curmudgeon Smiter
Jun 28, 2010
39,817
471
83
There's no doubt that we will eventually look back at fundamentalist capitalism with the same level of stupor that right wingers have associated themselves with communism. Until we begin to continuously evolve these processes to reflect current social affairs, we'll always be a step behind. Or in the American case, several steps behind.
 

Mowich

Hall of Fame Member
Dec 25, 2005
16,649
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Eagle Creek
Simply outrageous.

Cost-Cutters, Except When the Spending Is Back Home


http://www.nytimes.com/2011/07/20/us/politics/20freshmen.html?_r=1&nl=us&emc=politicsemailema1

"Many of the signees included members whose districts have a large military presence or big defense contractors like Representative Steven M. Palazzo, a Mississippi freshman. During his campaign, Mr. Palazzo told voters that he favored banning earmarks, saying it would “help restore the people’s faith in their government.”



But once in office, Mr. Palazzo voted with other Republicans to slash millions of dollars from the military bill, only to add an amendment later to restore the money. Mr. Palazzo’s amendment put back about $150 million for a combat ship that would be built at Ingalls Shipbuilding in his Pascagoula district. He also secured $10 million to buy land for training facilities for the Army National Guard, and $19.9 million for the ship’s preliminary design and feasibility studies. Several of these programs were earmarks of Mr. Palazzo’s Democratic predecessor.



“I am glad to be able to help ensure the long-term viability of our shipbuilding industry and the thousands of craftsmen that build the ships,” Mr. Palazzo said in a statement. Asked about the financing, Mr. Palazzo’s press secretary, Hunter Lipscomb, said the programs were not earmarks because the congressman did not request funds for any specific project, but merely to transfer funds to increase spending on the programs. “The way the authorized funding will be spent will be up to the Department of Defense,“ Mr. Lipscomb said."
 

YukonJack

Time Out
Dec 26, 2008
7,026
73
48
Winnipeg
There's no doubt that we will eventually look back at fundamentalist capitalism with the same level of stupor that right wingers have associated themselves with communism. Until we begin to continuously evolve these processes to reflect current social affairs, we'll always be a step behind. Or in the American case, several steps behind.

You are wrong. Communism was a stillborn and bastard child of class envy and jealousy of anyone who is better than you, and therefore, deserving of death, discrimination and not having the power of death, at least, verbal abuse.

And of course you know that socialism is the mentally challenged brother of communism.

Prove that people under socialism fared better than did the people in the free society of capitalism.
 

ironsides

Executive Branch Member
Feb 13, 2009
8,583
60
48
United States
We are dummies cutting back while Great Briton keeps chugging along.


In the era of massive belt-tightening budget cuts, the story of two never-completed, unused Navy ships now being sent to the scrap heap after costing U.S. taxpayers $300 million is a case study in Pentagon waste.
Requisitioned by the U.S. Navy in 1985, the two oil-hauling ships, the Benjamin Isherwood and the Henry Eckford, "have never gone on a mission, were never even completed, yet they cost taxpayers at least $300 million," the Virginia-Pilot's Scott Harper reports.
Now the "ghost ships" are headed from their dock on the James River in Virginia to a Texas scrap yard to be dismantled, Harrop writes. And there's one more catch--the United States awarded a $10 million contract to dismantle four ships, including the Eckford and the Isherwood, to a UK firm, so no money from the reclamation will return to the United States.


http://news.yahoo.com/blogs/envoy/two-never-used-navy-ghost-ships-sent-scrap-164452572.html
 

Cliffy

Standing Member
Nov 19, 2008
44,850
193
63
Nakusp, BC
You are wrong. Communism was a stillborn and bastard child of class envy and jealousy of anyone who is better than you, and therefore, deserving of death, discrimination and not having the power of death, at least, verbal abuse.

And of course you know that socialism is the mentally challenged brother of communism.

Prove that people under socialism fared better than did the people in the free society of capitalism.
There is no such thing as someone who is our betters. That is such a throwback attitude to feudal times. How can you believe in a democracy where everybody is equal and that there are those that are better than you?
 

mentalfloss

Prickly Curmudgeon Smiter
Jun 28, 2010
39,817
471
83
You are wrong. Communism was a stillborn and bastard child of class envy and jealousy of anyone who is better than you, and therefore, deserving of death, discrimination and not having the power of death, at least, verbal abuse.

And of course you know that socialism is the mentally challenged brother of communism.

Prove that people under socialism fared better than did the people in the free society of capitalism.

Why would I want to prove that?
 

Mowich

Hall of Fame Member
Dec 25, 2005
16,649
998
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Eagle Creek
Bonuses for Billionaires

http://www.nytimes.com/2011/07/21/opinion/21kristof.html?_r=1&nl=todaysheadlines&emc=tha212

"BONUSES FOR BILLIONAIRES Republicans won’t extend unemployment benefits, even in the worst downturn in 70 years, because that makes people lazy about finding jobs. They’re right: We should be creating incentives for Americans to rise up the food chain by sending hefty checks to every new billionaire. This could be paid for with a tax surcharge on regular working folks. It’s the least we can do.

Likewise, the government should take sterner measures against the persistent jobless. Don’t just let their unemployment benefits expire. Take their homes!

Oh, never mind! Silly me! The banks are already doing that."
 

bluebyrd35

Council Member
Aug 9, 2008
2,373
0
36
Ormstown.Chat.Valley
You are wrong. Communism was a stillborn and bastard child of class envy and jealousy of anyone who is better than you, and therefore, deserving of death, discrimination and not having the power of death, at least, verbal abuse.

And of course you know that socialism is the mentally challenged brother of communism.

Prove that people under socialism fared better than did the people in the free society of capitalism.




..............
Socialism has nothing to do with Communism. We are a free capitalist society but certainly in many areas socialistic. Medicare, provides for basic health care for our citizens, Unemployment insurance, social welfare system all socialistic. We also have a pension plan, not totally adequate to live as when one was working, unless augmented by one's private plan.

Police forces (Federal & Provincial/State) Post Offices are two institutions that are socialistic in nature. (The latter is probably on it's way out, because of the internet )government sponsered health care, pensions, basic education supplemented by taxes, road systems are all socialistic.

The McCarthy era in the US, has left a rather nasty legacy. Most Americans, feel using the taxes for the society that provides them is Communistic. It is not!! A government that provides decent roads, health care, old age pensions, is seen by most of the world as ,socially responsible, not communistic. Why this block in vision?? Canada is a free capitalist country, who's people demand the government use their tax contributions to benefit the population that provided it.
 

coldstream

on dbl secret probation
Oct 19, 2005
5,160
27
48
Chillliwack, BC
If you thought the global financial crisis of 2008 was difficult, wait till the sequel comes to your doorstep


The financial crisis of 2008 was but a one of a series of shocks, each a greater magnitude than the one before. All of our politicians assume this patchwork of bridge loans and austerity will cure the problem.. but they won't.. and this certainly won't be limited to Europe.

These 'remedies' will simply exasperate the economic death spiral the world economy is in. Unless the entire corroded structure of Globalism.. Free Trade, Monetarism, Deregulation, Privatization is dissolved.. we are plunging towards an economic reckoning.. and social chaos of unprecedented scale.

The fictional 'freedom' of Libertarianism.. has led us to the abyss.
 

petros

The Central Scrutinizer
Nov 21, 2008
117,457
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Low Earth Orbit
Socialism has nothing to do with Communism.
Wow. I'm not alone in that knowledge. Lenin once said "the biggest threat to Communism is Socialism."

Judging buy what happened in the shipyards that were named after him, I'd say he was right.
 

ironsides

Executive Branch Member
Feb 13, 2009
8,583
60
48
United States
I think the "wiseGEEK" has the answer. I still and always will be a Capitalist.


Socialism and communism are ideological doctrines that have many similarities as well as many differences. It is difficult to discern the true differences between socialism and communism, as various societies have tried different types of both systems in myriad forms, and many ideologues with different agendas have defined both systems in biased terms. Some general points distinguishing the two concepts, however, can still be identified.
One point that is frequently raised to distinguish socialism from communism is that socialism generally refers to an economic system, while communism generally refers to both an economic and a political system. As an economic system, socialism seeks to manage the economy through deliberate and collective social control. Communism, however, seeks to manage both the economy and the society by ensuring that property is owned collectively, and that control over the distribution of property is centralized in order to achieve both classlessness and statelessness. Both socialism and communism are similar in that they seek to prevent the ill effects that are sometimes produced by capitalism.
Both socialism and communism are based on the principle that the goods and services produced in an economy should be owned publicly, and controlled and planned by a centralized organization. Socialism asserts that the distribution should take place according to the amount of individuals' production efforts, however, while communism asserts that that goods and services should be distributed among the populace according to individuals' needs.
Another difference between socialism and communism is that communists assert that both capitalism and private ownership of the means of production must be done away with as soon as possible in order to make sure a classless society, the communist ideal, is formed. Socialists, however, see capitalism as a possible part of the ideal state and believe that socialism can exist in a capitalist society. In fact, one of the ideas of socialism is that everyone within the society will benefit from capitalism as much as possible as long as the capitalism is controlled somehow by a centralized planning system.
Another difference between socialism and communism is centered on who controls the structure of economy. Where socialism generally aims to have as many people as possible influence how the economy works, communism seeks to limit that number to a smaller group.

Written By: Rebecca Partington
Edited By: O. Wallace
Last Modified Date: 28 March 2011

What Is the Difference Between Socialism and Communism?
 

bluebyrd35

Council Member
Aug 9, 2008
2,373
0
36
Ormstown.Chat.Valley
Communism is not compatible with either democracy nor capitalism and in recent times has proven itself to be rule by force, with few exceptions. Nothing free about it. It is a failed system, very much as the US republic is in danger of becoming.

Socialism as used in most of the free world presently, is about using a country's resources to improve the life of it's citizens, not for extending a country's boundaries. It is not about restricting the freedom of it's population but for augmenting it. The freedom from debt incurred through illness, unemployment, basic education and a buffer against abject poverty of the aged at the end of their lives.

Communism is totalitarian.....with all the power in the hands of the strongest, most aggressive members of a society. It dictates everything from where one lives to how many children one may have.

By the way who is Rebecca Parkington and what are her qualifications ??
 

damngrumpy

Executive Branch Member
Mar 16, 2005
9,949
21
38
kelowna bc
America is going to face a reality adjustment regardless of the current outcome. The teabaggers have
put the country on the verge of insecurity. The Republicans will end up with the blame if it goes wrong.
The problem is, that it will no longer be isolated to a financial collapse, it could trigger a social collapse
as well with serious conflicts. The folks who are entitled to me, now and everything against their own
government and the world.
The real problem started with Ronnie Reagan when he said Mr Gorbachev tear down this wall.

Remember that? The cold war ended and so did the money stream to fight it. Russia collapsed and
America is right behind. I we end up with a depression it will spread round the world with social unrest
the like we have never seen. You can't continue to borrow at the alarming rate America has to pay for
grocery items as it were, and you can't stop borrowing overnight and cut the supply of services.
There has to be a plan and instead there will be a compromise, which is not a plan its putting it off until
tomorrow.

If America goes and some are waiting with baited breathe and joy, the whole world financial system will
go with it. Europe, Asia, Africa and North America will experience the disaster overnight. South America
will take a little longer, and the reason is they are and have been working on self sufficiency for some time
now, especially in energy. There biggest problem is no one will have demand for their products and they
will have no one for customers. Yes the world is no the brink but it has been there since 2007 really in
about the middle of that year. 2008 the symptoms manifested themselves but the real trouble is yet to
come. This is like the Dirty Thirties all over again. In 1929 the markets fell, and they propped it up
until they couldn't control it in about 1932 or 33 and by the end of 33 the double dip as we would call it now
came thundering in. There were some real bad years in there but some were worse than others.
Get the best rate on credit cards or pay them off, have as little debt as possible as the worst is coming in
and those who ignore it will wonder what the H happened.
 

petros

The Central Scrutinizer
Nov 21, 2008
117,457
14,315
113
Low Earth Orbit
I think the "wiseGEEK" has the answer. I still and always will be a Capitalist.


Socialism and communism are ideological doctrines that have many similarities as well as many differences. It is difficult to discern the true differences between socialism and communism, as various societies have tried different types of both systems in myriad forms, and many ideologues with different agendas have defined both systems in biased terms. Some general points distinguishing the two concepts, however, can still be identified.
One point that is frequently raised to distinguish socialism from communism is that socialism generally refers to an economic system, while communism generally refers to both an economic and a political system. As an economic system, socialism seeks to manage the economy through deliberate and collective social control. Communism, however, seeks to manage both the economy and the society by ensuring that property is owned collectively, and that control over the distribution of property is centralized in order to achieve both classlessness and statelessness. Both socialism and communism are similar in that they seek to prevent the ill effects that are sometimes produced by capitalism.
Both socialism and communism are based on the principle that the goods and services produced in an economy should be owned publicly, and controlled and planned by a centralized organization. Socialism asserts that the distribution should take place according to the amount of individuals' production efforts, however, while communism asserts that that goods and services should be distributed among the populace according to individuals' needs.
Another difference between socialism and communism is that communists assert that both capitalism and private ownership of the means of production must be done away with as soon as possible in order to make sure a classless society, the communist ideal, is formed. Socialists, however, see capitalism as a possible part of the ideal state and believe that socialism can exist in a capitalist society. In fact, one of the ideas of socialism is that everyone within the society will benefit from capitalism as much as possible as long as the capitalism is controlled somehow by a centralized planning system.
Another difference between socialism and communism is centered on who controls the structure of economy. Where socialism generally aims to have as many people as possible influence how the economy works, communism seeks to limit that number to a smaller group.

Written By: Rebecca Partington
Edited By: O. Wallace
Last Modified Date: 28 March 2011

What Is the Difference Between Socialism and Communism?
Socialism allows you to choose your destiny and freedom to live where you please and the way you express yourself while ensuring some of your basics are met while Communism determines your job, your education, your city town or village to live and the home you will live in and who you'll live with and controls all media.