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Thread: US Is Now Socialist State

  1. #1
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    US Is Now Socialist State

    How does it feel, folks, that US Fed Reserve is now the arbiter of who gets what in the USA ?

    Instead of calling yourselves the 'United States of America' you could call your country the 'Union of Socialist States Republic''...

    ... has a nostalgic ring to it...

    Rob

    God Save The Queen

    (To the sound of, "There'll Always Be An England" , followed by "Jerusalem"...)

  2. #2
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    Re: US Is Now Socialist State

    You are right. It doesn't feel so great.

  3. #3
    Vulture of The Western World Eric's Avatar
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    Re: US Is Now Socialist State

    Quote Originally Posted by robmcg
    How does it feel, folks, that US Fed Reserve is now the arbiter of who gets what in the USA ?

    Instead of calling yourselves the 'United States of America' you could call your country the 'Union of Socialist States Republic''...

    ... has a nostalgic ring to it...

    Rob

    God Save The Queen

    (To the sound of, "There'll Always Be An England" , followed by "Jerusalem"...)
    Yep - but keep in mind, the "federal" reserve is just a bank cartel designed to manipulate the economy by manipulating the money supply - for the benefit of the elites to the detriment of average people.

    We have socialism for the rich; the freeeeeeeeeeeeeeeeeeeeeeeee market for everyone else.

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    Re: US Is Now Socialist State

    You're all wrong. The US got on the slow road to socialism a long time ago; things are now moving faster.

    The only way to deal with it is to say to hell with principle and grab all the cash and benes which come your way.

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    Socialist? Try Fascist...


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    Re: US Is Now Socialist State

    Quote Originally Posted by jdm
    You're all wrong. The US got on the slow road to socialism a long time ago; things are now moving faster.

    The only way to deal with it is to say to hell with principle and grab all the cash and benes which come your way.
    Whatever happened to the disaffected farmers of 1775? Didn't want to pay taxes.

    Ironically, you fought to the death to avoid tax on a drink (tea) which few Americans drink... and then you got 18 rich white men to devise a constitution... the main elements of which were: all men should carry, and gummint was evil.

    Well, I have to repeat, why the f did you revolt in the first place?

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    Re: US Is Now Socialist State

    Quote Originally Posted by robmcg


    Well, I have to repeat, why the f did you revolt in the first place?
    Well, we didn't want that royal throne of kings, that scepter'd isle and all of its baggage staring at us through the centuries.

    The idea of being required to talk funny had no appeal, either.

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    Re: US Is Now Socialist State

    Quote Originally Posted by jdm
    You're all wrong. The US got on the slow road to socialism a long time ago; things are now moving faster.

    The only way to deal with it is to say to hell with principle and grab all the cash and benes which come your way.
    What cash? What benes?

    My 401k? Give me a break. There aren't any.

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    Re: US Is Now Socialist State

    Quote Originally Posted by Henry
    Quote Originally Posted by jdm
    You're all wrong. The US got on the slow road to socialism a long time ago; things are now moving faster.

    The only way to deal with it is to say to hell with principle and grab all the cash and benes which come your way.
    What cash? What benes?

    My 401k? Give me a break. There aren't any.
    Well, this is not a good time for that subjecgt, is it?

    Is it possible for the Dow or S&P to go negative?

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    Dow going negative? How about EVERYTHING going negative?????

    Y'all,

    Have a stiff drink nearby when you read this one. Heinberg is author of several books on our energy crisis.

    Michael

    =======================
    [size=10pt]The end of growth[/size]
    by Richard Heinberg

    Several of us who have been watching the world oil production and depletion picture closely for the last few years are now concluding that the world has now seen the highest rate of production ever. Matt Simmons agrees: It’s all downhill from here.

    The worldwide financial crisis, and the decline in available energy, mean that we may also have seen the final year of aggregate world economic growth.

    This is a breathtaking statement. I found myself uttering it yesterday at a strategy meeting of some environmental and economic justice organizations organized by the International Forum on Globalization; I surprised even myself, and immediately began wondering whether what I had said could possibly be true.

    There are obvious objections. Perhaps the wealthy nations could still wring out a few years of growth by increasing global economic inequality. But this is essentially what they did over the past two decades with the strategy of corporate globalization—and that strategy is losing steam because of high transport costs due to Peak Oil.

    Perhaps economic growth could still be maintained by smoke and mirrors—in either a good or a bad way. All that would be necessary is a little fiddling with the definition of “growth.” Just look at how the US government has altered its way of defining “inflation” over the years by largely excluding energy and food prices: if the old rules were still in place, the country would be seeing double-digit inflation. The same has happened with “unemployment.” Why not “growth”?

    On the other hand, growth really should be redefined. Many organizations have been pressuring governments and official agencies to measure growth not with GDP, but with a mixture of indicators related to public health, education, environmental integrity, and so on (the Genuine Progress Indicator is one suggested alternative scheme). If world governments decided to redefine growth this way, and then actually funded improvements in public services, perhaps growth could indeed continue.

    A final objection has to do with regional impacts of the economic crisis. Some would argue that the growth momentum of China is such that it cannot be stopped immediately, and will therefore continue to contribute to overall global growth for the foreseeable future. Others might point out that the oil exporting nations are likely to continue experiencing high rates of growth as prices of fuel eventually resume their stratospheric climb. But will China or Saudi Arabia be able to offset the economic collapse of the US and Europe? And will China be immune for long?

    The more I think about it, the more it seems to me that my blurted comment may be right. Growth is gone. Over. Kaput. Finished. Get used to it.

    If so, there will be an ocean of consequences. For those in the tiny universe of environmental NGOs, one of the consequences is this: The time for arguing against economic growth may be over. Yes, everyone who understands our human impact on the environment, and the disastrous implications of our economic growth imperative, knows that it is absolutely essential that the world find an alternative to growth; that instead, the human economy must contract to a point that it no longer threatens the viability of ecosystems. This is the essence of sustainability.

    But imagine yourself talking to someone who has just lost her job. You tell this person, “You need to voluntarily further reduce your income and standard of living.” How’s that likely to go over?

    Effective strategy demands recognition of the opportunities and limits of the unique historical moment. It seems that we have just moved from one historic moment to a very different one. In this situation, it’s more helpful to tell people (including policy makers) how to effectively deal with their immediate problems in a way that is consistent with long-term sustainability. Anything else will be irrelevant at best, extremely unwelcome at worst.

    Growth is dead. Let’s make the most of it. A crisis is a terrible thing to waste.

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    Re: US Is Now Socialist State

    That essay is just a long-winded way of saying that measures of 'growth' are largely BS.

    There's no 'shock horror' in it.

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    Re: US Is Now Socialist State

    Quote Originally Posted by jdm
    Is it possible for the Dow or S&P to go negative?
    Heretic!

    John, would you please have a word with your Secretary of Treasury? I am gonna default on my loan obligations, and understand that there is 700 million up for grabs.

    See to it please.

    Rob

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    Re: US Is Now Socialist State

    Quote Originally Posted by robmcg
    Quote Originally Posted by jdm
    Is it possible for the Dow or S&P to go negative?
    Heretic!

    John, would you please have a word with your Secretary of Treasury? I am gonna default on my loan obligations, and understand that there is 700 million up for grabs.

    See to it please.

    Rob
    Only after I get mine.

    This crash is disheartening but it is only a matter of numbers. Now if taxes and the cost of single malt would follow suit, life would be OK.

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    Re: US Is Now Socialist State

    Quote Originally Posted by jdm

    This crash is disheartening but it is only a matter of numbers. Now if taxes and the cost of single malt would follow suit, life would be OK.
    How dare you make light of such serious matters as the end of the American Dream! Men fought wars to avoid gummint disbursement of wealth.

    (btw I don't see Middle America ever bowing to a black man, at least not this year...)

    You will all go to a place where this video is repeated forever.


    http://www.youtube.com/watch?v=ddanz7lEgSg

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    Re: US Is Now Socialist State

    Quote Originally Posted by robmcg


    (btw I don't see Middle America ever bowing to a black man, at least not this year...)
    Don't be too sure. There are probably as many who will vote for him for that reason as will vote aginst.

    The man is a left wing hoodlum who is either a radical Christian or a closet muslim - neither of which is needed around here.

    He once lived in Indonesia which is a string of islands much like NZ. Being a islander at heart, perhaps he would suit you?

  16. #16
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    Re: US Is Now Socialist State

    So it's okay to Socialize the entire financial industry, but god forbid we do it with medicine...

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    Re: US Is Now Socialist State

    Quote Originally Posted by jdm
    Quote Originally Posted by robmcg


    Well, I have to repeat, why the f did you revolt in the first place?
    Well, we didn't want that royal throne of kings, that scepter'd isle and all of its baggage staring at us through the centuries.

    The idea of being required to talk funny had no appeal, either.
    I see that Euro has put 2 trillion up to 'save' banks... you guys are parsimonious by comparison.

    Now that our NZ govt. has guaranteed all cash deposits in banks and mutuals etc., everyone want to be a finance entity with cash deposits...

    I say socialize everything, except my own land and private trading. And sterilize Americans with accents.

  18. #18
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    Re: US Is Now Socialist State

    Quote Originally Posted by robmcg
    And sterilize Americans with accents.
    I agree with that, we have immigrants from various so-called English speaking countries who talk so funny that they could be in comedy.

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    Re: US Is Now Socialist State

    Quote Originally Posted by jdm
    I agree with that, we have immigrants from various so-called English speaking countries who talk so funny...
    NYers should not call everything west of Philadelphia an "English speaking country". The correct term for these places is bigotted fat Naziland...

    I should know. My girlfriend's bro once went there...


  20. #20
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    Re: US Is Now Socialist State

    Quote Originally Posted by robmcg
    Quote Originally Posted by jdm
    I agree with that, we have immigrants from various so-called English speaking countries who talk so funny...
    NYers should not call everything west of Philadelphia an "English speaking country". The correct term for these places is bigotted fat Naziland...

    I should know. My girlfriend's bro once went there...

    Then the bro wasn't too bright, was he? We have all sorts of life views in every direction from Philadelphia.

    However, I forgive bro his ignorance. It is not the fault of the poor devils who have to grow up in NZ that they lack any sort of a world view. You are forgiven as well.




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