Health Care Debate - Petersburg, VA

Discuss the national Health Care debate in Petersburg, VA.

Do you support President Obama's health care policy?

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Slurpee Summit

Petersburg, VA

#22 Dec 11, 2011
TV MAN wrote:
TO Slurpee Summit:
The world economy is not in depression; it probably won't fall into depression, despite the manitude of the current crisis. But while depression itself has not returned, depression economics, the kinds of problems that characterized much of the world economy in the 1930's but have not been seen since, has staged a stunning comeback. How did the world become this dangerous? More important, how do we get out of the current crisis, and what can we do to prevent such crises from happening in the first place? Essentially it means that for the first time in two generations, failures on the demand side of the economy, insufficient private spending to make use of the avaiable productive capacity, have become the clear and present limitation on prosperity for a large part of the world. The obvious solution is to put in more capital. A financial rescue along similar lines is now underway in the United States and other advanced economies, although it was late in coming, thanks in part to the ideological tilt of the Republican party. My guess is that the recapitalization will eventually have to get bigger and broader, and that there will eventually have to be more assertion of government control, in effect, it will come closer to a full temporary nationalization of a significant part of the financial system. I won't try to lay out the details of a new regulatory regime, but the basic principle should be clear. Anything that has to be rescued during a financial crisis, because it plays an essential role in the financial mechanism, should be regulated when there isn't a crisis so that it doesn't take excessive risks.
To TVMAN, Wow!! Wow!! and more Wow!!

Do you realize what you said? You stated that the idea of investing more capital was a republican stance. This implies more debt, correct?

Are you a democrat supporter? If not, you need to be. Investors have invested because America could guarantee growth. Groups such as the Tea don't want that growth, they want the American business to stall or decrease in size. More efficient doesn't equal better, in terms of life funded business.

In generalization I would make an attempt to respond but you've driven a conglomeration too big to fit in a pea into a pea. See governments as what they are, incapable of being self-sufficient; no matter what happens. America could easily give workers the leftovers and not go through the motions of allowing people to seem as if life is so complex.

Like the idea of simplifying the tax code, citizens think they'd still receive the same wages. Imagine applying for a job and they based your eligibility on your debts. It's happening now but you still get the option to pay or not pay. Now, imagine those payments were taken before you got a check. People would really think about what they were getting into.

This is what you're proposing as a regulatory medium and it's not because it will work. This idea is circulated because America is tired of waiting for it's money or not being paid at all. I never said America was in a depression. 80% of the workers are still okay, living a little tighter but still almost living.

The problem is who is almost living versus a concern of repairing the economy. The complainants are the same as the people who screwed it up, the consumer. Bankruptcy doesn't dissolve debt, it gets redistributed to the entire population. If we unknowingly assume the failures, then why not reap the benefits of the gains? We did but the gross domestic product had to be separated from the standard of living; hence the reason America doesn't feel as if we're out of the recession.
Slurpee Summit

Petersburg, VA

#23 Dec 11, 2011
Depression economics are being explored because they could possibly catapult the economy to where it needs to be to counter the recessive effects. In order to do it, recapitalization has to be explored but a fiscally responsible board of trustees ( congress and senate ) have to take a chance on something they have no known understanding of. It's easy to allocate funding, not so easy to predict a sustainable business venture. Availability to purchase is more important than demand but production costs have to reflect what the consumer can afford.

I'm assuming we're speaking hypothetically and not looking at your suggestion as a valid proposal. Obama increased the debt out of necessity in appearance but he really didn't. If you divide the debt by the amount of quantitative easing allowances in the world marke, you'll be able to identify the actual increase. The reason for this appearance was to reduce the value of a person's income, while maintaining their current salaries but reducing the buying power of their dollar in order to give them raises.

If you can't replenish an unfunded liability, you reduce the value of the payment but maintain the fixed dollar amount. But you increase the value of the product to maintain your revenue receipts, while collecting additional funds to repay debts. What transpires is the American people feel that they've somehow won.

It's like collecting garbage. You know how much was bought, to have an idea of what you'll need to collect. You may not get everything at once but you have the resident pay for it, because it will eventually come. Until it comes, you experience a capital gain. Your growth is based on what you invest those profits in, not what you collect from the localities.

You would invest in making the trash you receive more environmentally safe or biodegradable. You make shopping bags , cartons, containers and what not. The governments dollars work the same way, you give them $1,000.00, a year later, they return $1,000.00 but it's worth 8% less. While they've made a profit in selling you something else. It's all about using your desires to make you pay for their existence.

You have to remember that I am Stupid, don't have calloused hands and am a mediocre number cruncher. When you have a chance, get a translator and go to Richmond. Over 1000 lobbyist organizations are running around, submitting concepts. The average citizen would cringe at the pressure from the non-profits which aren't asking for too much. But that small thing could mean something major to a company. Domestic Violence decrease could trigger a fall in prescription meds or court cases; therefore, the laws will remain lax. Same with DUI/DWI. Laws too tough, noone will take the chance of drinking and driving.

I wouldn't worry about the economy or anything else going on, it's irrelevant and is more than likely geared toward you believing Lawyers need to do more and in effect be paid more. Lawyers will never legislate their profession out of a job. Hence the reason for not locking criminals up forever or the first time. Hope this helped, no more serious questions. Let's just spew offset rhetoric and insults.
TV MAN

United States

#24 Dec 11, 2011
To Slurpee Summit:

Sooner or later, it is ideas, not vested interests, which are dangerous for good or evil. We can argue about whether that's alaways true, but in times like these, it definitely is. The quintessential economic sentence is supposed to be "There is no free lunch"; it says that there are limited resources, that to have more of one thing you must accept less of another, that there is no gain without pain. Depression economics, however, is a study of situations where there is a free lunch, if we can only figure out how to get our hands on it, because there are inemployed resources that could be put to work. True scarcity is not resources, or even virtue, but of understanding. Some people say that our economic problems are strutural, with no quick cure available; but I believe that the only important structural obstacles to world prosperity are the Republican obsolete doctrines that clutter the minds of men.
Slurpee Summit

Petersburg, VA

#25 Dec 11, 2011
TV MAN wrote:
To Slurpee Summit:
Sooner or later, it is ideas, not vested interests, which are dangerous for good or evil. We can argue about whether that's alaways true, but in times like these, it definitely is. The quintessential economic sentence is supposed to be "There is no free lunch"; it says that there are limited resources, that to have more of one thing you must accept less of another, that there is no gain without pain. Depression economics, however, is a study of situations where there is a free lunch, if we can only figure out how to get our hands on it, because there are inemployed resources that could be put to work. True scarcity is not resources, or even virtue, but of understanding. Some people say that our economic problems are strutural, with no quick cure available; but I believe that the only important structural obstacles to world prosperity are the Republican obsolete doctrines that clutter the minds of men.
I BEG TO DIFFER.

You have a wide range of ideas that you'd like to explore? That's all fine and dandy but we're not in trouble because of a lack of technological advancement. We're in trouble because of it.

I'm not taking this stance based on the doctrines of either party. I belong to neither, associate with few as friends but politically, I'm for deorganization.

The free lunch proposal isn't a free lunch at all. There's no room to create that many jobs. Keeping someone alive is way different from giving someone a life. People escape poverty at the same rate as the growth of the nation; sometimes a little slower but not often.

When America sought to consolidate this nation by it's infrastructures, it knowlingly began to reduce the chances of prosperity for it's inhabitants. The only way the government creates jobs is by adopting and enforcing new laws and/or ordinances and/or building codes. Which happen to be recommended by an organization fully funded by businesses.

Your house has more ailments than you will ever incur. You can't fix a problem within a system, when the system itself is the problem. You're use to it and many men have spent their lives attempting to justify it's existence as well as naturalize the unnatural.

Every time someone adds to the order, it becomes that much more unnatural. Nature is chaotic. That's how we find ourselves inheriting more problems as we strive to exceed the natural boundaries of life expectancy all the way to how much credit is reasonable per person. Ideas costs money to develop. If America dedicated money to every idea, we'd have no fruition. Research and development is fine but you can't evaluate the effects until it's too late. And once an idea is introduced, people in this country aren't happy until it's a proven failure. By that time, an overabundance of resources have been dedicated and the project's future is dim.

Take the transportation infrastructure, it was up and running, then they added electrical, wireless and water/sewage. What we ate, our health and civil rights weren't issues until their demands were satisfied. They didn't count on equality becoming an issue, ever. It's easy to be prosperous, when you can control the evolution and providing that "free lunch" is the costs of not wanting everyone to be free to choose and possibly destroy the economic stability within a nation.

I'm not arguing with you as I've said, " I'm fine with the way things are." I'm comfortable because I'm older, have a decent savings that I don't reinvest and it's too difficult to stop anything that would make a significant change.

The main debate is who is paying for the free lunches. It's not the people, they don't have anything to pay it with. Investors provide every echelon of the system, including a way for workers to gamble their incomes and essentially pay themselves in retirement.
Slurpee Summit

Petersburg, VA

#26 Dec 11, 2011
Maybe my previously submitted comment will appear, really don't want to say it over.

If it doesn't, once I return from my early morning breakfast with friends at the local Hardee's, I'll give it another shot.

Basically, what I said was people aren't concerned with " free lunch ", they have to be shown that whether it appears to come from them, so they feel as if they're government isn't supported by investors or whether the truth is known and they accept that government is there to be a mediator between the investors and the workers but the investors pay all of their bills.

They could have easily established America to be dependent upon a few businesses to maintain it's fiscal responsibilities. That was the Federalist Styled Government. Thomas Jefferson decided that the people wanted to have a feeling of participating. So, he changed the system from business only tax collections to everyone is involved. Sure, it gave the appearance of growth and gains but the government calculated the businesses prior contributions, delegated a portion to be paid by the workers and began to write a complicated tax code to disguise what used to be so simple.

People couldn't trust that the government wouldn't side with the person paying it's bills. To keep from having an overthrow, politicians gave them a sense of involvement. Republicans want that involvement costs to go away, sort of kind of, not really.

But this is my point, "free lunch" is the costs of allowing certain people to retain all of the wealth and not paying others for their labor.

My sentiments are the same as most, " I'm not going to give them what I owe them because I haven't properly taught them to manage that type of capital. Governments reply: pay for their education. Me: okay. Government: hire them. Me: no. Government: Equal rights. Me: Women's Liberation. Government: fair pay. Me: right to work. Government: minimum wage laws. Me: relocation of business to a demographic setting more to my liking. Government: We'll pay you to come back; incentives. Me: Incorporation, establish LLC and S Corps; shutdowns, layoffs and downsizes. Government: Increase taxes through utilities. Me: Establish a conglomeration, provide jobs but resecure those wages by owning parts of every retail venture in my worker's area.

Government's final answer: stronger regulations for professional licensing and manufacturing. My final answer: Retire, don't reinvest and sit on a few boards for the fun of it. FREE LUNCH ISN'T THE PROBLEM.
Slurpee Summit

Petersburg, VA

#27 Dec 11, 2011
I have a question for you, are you young enough to inflict a change or do you have someone young enough to inflict a change?

Virginia is the strongest point in the republican arena. They recruit the strongest candidates from across the nation; relocate, establish, market and walk them along the line.

Number 1, States are countries.

Number 2, legal doesn't mean civil.

Number 3, The truth is very very scary. You'll need a strong woman who doesn't mind being pregnant. You're going to need a way to relieve the stress and domestic violence could ruin your political career. Cuccinelli; 7 kids. Bob; 5.......
TV MAN

United States

#28 Dec 11, 2011
Slurpee Summit wrote:
I have a question for you, are you young enough to inflict a change or do you have someone young enough to inflict a change?
Virginia is the strongest point in the republican arena. They recruit the strongest candidates from across the nation; relocate, establish, market and walk them along the line.
Number 1, States are countries.
Number 2, legal doesn't mean civil.
Number 3, The truth is very very scary. You'll need a strong woman who doesn't mind being pregnant. You're going to need a way to relieve the stress and domestic violence could ruin your political career. Cuccinelli; 7 kids. Bob; 5.......
No! I'm 61 years old. I'm a retired Bond Daddy living on my investments. It's called mail box money, and I love it. I agree with your style. Owning a business is like being married with children. Been there done that.
The German Jew

Petersburg, VA

#29 Dec 13, 2011
Slurpee Summit wrote:
I really don't want to get into this crap too deeply, I want you to be capable of comprehending.
The problem in America is the inability to repair the unnatural infusion of credit as the guidelines of what is deemed, " Successful ". Sustainable growth is impossible without constant tinkering. Imagine a system capable of operating flawlessly for 30 years, no way possible. Sub-prime didn't just injure the gambles, it injured the people who refinanced their homes and purchased new vehicles as well. Who in their right mind would pay for a car for 30 years? Look at your neighbors.
Healthcare is beyond repair but it can't be revamped nor repaired because the State has already borrowed too much money against it's future revenues. Residents belong to States, not a flag which identifies The Union. If the fed dissolved, States couldn't begin to develop 50 different replacement organizations to operate as independents as well as check and balance without the central banking system.
Paucity comes to mind, when a person is reading something I write and looking for concepts and ideals; they're just not going to be there. I'm fine with the system as is but I'll welcome the development of China's rinminbi as a world currency. You really don't want to know what I think; I am for America defaulting. Not because I don't like America, because war will lead to population reduction. A country this big could fight for 20 years and some semblance of a life would still be had.
When people vote, next year, they'll be casting ballots for sacrifice or to not sacrifice and the outcome will determine if America keeps it's name or get's redistributed and renamed by it's creditors. Whoever you owe owns you. The capital in America isn't real, it's all credit. Noone is paying to live in America, they're just going through the motions and those motions are giving people something to do.
See, what's not happening as usual is growth for the capital investors. America is about one thing and one thing only, taking care of the people whom supply the idea of a quality of life. Starve those people and life as we know it will suck. Until they are restored to receiving sufficient gains for their investments, people making less than $250k can't advance.
You're wanting to argue; whereas, I'd prefer to debate. You know that mediocre number crunching stuff without calloused hands? My hands are pretty smooth but my fingers are dry from turning pages and playing with old money. 3 degrees and you're an RN? BSN? and still tending to wound care? What kind of callouses are on your hands, ringing your pens to death?
Before you begin to think about thinking, do a cost analysis on one minute section of the overall thing that you're looking to alter. Thousands of people work on those legislative documents presented by each branch. We call them 'Thinktanks' and they don't debride pressure ulcers nor consult with people that do. Healing is anti-business, get a clue but I'm out of my league talking to a grunt, you'll be the laugh of my next function.
you will be the laugh of your next function. you and your thinktanks sit and sip coffee and talk. When I was in the jungles of southeast asia, where was "your thinktank" you are the type who run this country into the ground, soft, verbose, self, adoring. I wait for the time you fall over your overworked heart and enter a nursing home. poor poor bureaucrat
Slurpee Summit

Petersburg, VA

#30 Dec 13, 2011
The German Jew wrote:
<quoted text>
you will be the laugh of your next function. you and your thinktanks sit and sip coffee and talk. When I was in the jungles of southeast asia, where was "your thinktank" you are the type who run this country into the ground, soft, verbose, self, adoring. I wait for the time you fall over your overworked heart and enter a nursing home. poor poor bureaucrat
My preferred think tank is The Heritage Foundation but from time to time, I have consulted with others. I'm not a bureaucrat. I'm not confined to a desk nor an office.

You speak of an overworked heart, wow. My BP was 160/140 after lunch. I was laughing as I thought of the possibility of having a stroke or a heart attack. I still don't feel too much better and still managed to constrict my arteries a little more with a cup of java and 4 or 5 cigarettes.

I am very sensitive on the information that I divulge in public. Without those friends to sit around and talk with, I probably would have a stroke or something. Even when I just seem to be rambling on topix about things that people such as yourself find to be so outlandish, I find relaxing. I liked you better as the charge nurse.

So, who's in the nursing home? If and when I have to go to a nursing home, it'll be Chelsea Jewish in Massachusetts.

When you want to make a change in the local nursing home environment solicit a healthcare consultant firm. I won't give you any suggestions but they'll teach the administrator or D.O.N. how to hire quality nurses as well as what the residents need to return to healthy. We couldn't build enough nursing homes or retirement communities to accommodate the rush that's upon us.

Most people can't afford it anyways. My siblings and I spent well over 2 million on caring for our mother. Just shy of 1 million on our father. And they managed to live 10 and 15 years past getting ill. It's really a matter of preference of the family members as to what kind of care you get. Man, I need a nap.
TV MAN

United States

#31 Dec 13, 2011
Slurpee Summit wrote:
<quoted text> My preferred think tank is The Heritage Foundation but from time to time, I have consulted with others. I'm not a bureaucrat. I'm not confined to a desk nor an office.
You speak of an overworked heart, wow. My BP was 160/140 after lunch. I was laughing as I thought of the possibility of having a stroke or a heart attack. I still don't feel too much better and still managed to constrict my arteries a little more with a cup of java and 4 or 5 cigarettes.
I am very sensitive on the information that I divulge in public. Without those friends to sit around and talk with, I probably would have a stroke or something. Even when I just seem to be rambling on topix about things that people such as yourself find to be so outlandish, I find relaxing. I liked you better as the charge nurse.
So, who's in the nursing home? If and when I have to go to a nursing home, it'll be Chelsea Jewish in Massachusetts.
When you want to make a change in the local nursing home environment solicit a healthcare consultant firm. I won't give you any suggestions but they'll teach the administrator or D.O.N. how to hire quality nurses as well as what the residents need to return to healthy. We couldn't build enough nursing homes or retirement communities to accommodate the rush that's upon us.
Most people can't afford it anyways. My siblings and I spent well over 2 million on caring for our mother. Just shy of 1 million on our father. And they managed to live 10 and 15 years past getting ill. It's really a matter of preference of the family members as to what kind of care you get. Man, I need a nap.
Hey Slurpee, where did you come up with three million?
Slurpee Summit

Petersburg, VA

#32 Dec 14, 2011
TV MAN wrote:
<quoted text>Hey Slurpee, where did you come up with three million?
Trust fund wise, compounding interest on $5 million, yearly earnings from 1998 - 2007 @ an average of $327,000.00 per year, government pension @$43,000.00 per year, 8 grants over the last 35 years totally $37.5 million and board compensations, averaging $275,000.00 per year.

My contribution was less than $750,000.00 and the transfer of funds had more to do with providing our children with money, while maintaining a strong family financial base. They didn't qualify for the U.S austerity programs anyway. The majority of my earned income comes from consultation in the funeral industry, these days.

With the exception of posting a W4-P, the easiest way to describe my monthly earned and unearned income would be " the laws governing banking the US makes a person lose yield, once they become 59 1/2. It's unfair but it doesn't pay to invest when the percentage rate is zero or a half of a point. No sense in gambling for free." Best to gamble against success. But I don't know anything or I'm just a desk jockey living off of the people's stupidity. Govment housing, food stamps and big blocks of cheese. The life of a Yoder.
TV MAN

United States

#33 Dec 15, 2011
Slurpee Summit wrote:
<quoted text>Trust fund wise, compounding interest on $5 million, yearly earnings from 1998 - 2007 @ an average of $327,000.00 per year, government pension @$43,000.00 per year, 8 grants over the last 35 years totally $37.5 million and board compensations, averaging $275,000.00 per year.
My contribution was less than $750,000.00 and the transfer of funds had more to do with providing our children with money, while maintaining a strong family financial base. They didn't qualify for the U.S austerity programs anyway. The majority of my earned income comes from consultation in the funeral industry, these days.
With the exception of posting a W4-P, the easiest way to describe my monthly earned and unearned income would be " the laws governing banking the US makes a person lose yield, once they become 59 1/2. It's unfair but it doesn't pay to invest when the percentage rate is zero or a half of a point. No sense in gambling for free." Best to gamble against success. But I don't know anything or I'm just a desk jockey living off of the people's stupidity. Govment housing, food stamps and big blocks of cheese. The life of a Yoder.
You should invest in corporate bonds. Junk bonds paying 6 to 8 percent. Spread out the risk by laddering maturitys. Don't put more then 5 to 10 thousand in each one. Then sit back and take in the income.
The German Jew

Petersburg, VA

#34 Dec 15, 2011
Slurpee Summit wrote:
<quoted text> My preferred think tank is The Heritage Foundation but from time to time, I have consulted with others. I'm not a bureaucrat. I'm not confined to a desk nor an office.
You speak of an overworked heart, wow. My BP was 160/140 after lunch. I was laughing as I thought of the possibility of having a stroke or a heart attack. I still don't feel too much better and still managed to constrict my arteries a little more with a cup of java and 4 or 5 cigarettes.
I am very sensitive on the information that I divulge in public. Without those friends to sit around and talk with, I probably would have a stroke or something. Even when I just seem to be rambling on topix about things that people such as yourself find to be so outlandish, I find relaxing. I liked you better as the charge nurse.
So, who's in the nursing home? If and when I have to go to a nursing home, it'll be Chelsea Jewish in Massachusetts.
When you want to make a change in the local nursing home environment solicit a healthcare consultant firm. I won't give you any suggestions but they'll teach the administrator or D.O.N. how to hire quality nurses as well as what the residents need to return to healthy. We couldn't build enough nursing homes or retirement communities to accommodate the rush that's upon us.
Most people can't afford it anyways. My siblings and I spent well over 2 million on caring for our mother. Just shy of 1 million on our father. And they managed to live 10 and 15 years past getting ill. It's really a matter of preference of the family members as to what kind of care you get. Man, I need a nap.
I changed my mind about you. I thought you were just a blowhard without a heart. But I see you have heart. I have Blowhards for bosses that sit at desks and think about how to make life miserable. Incidentally, I got these callouses as a child in the fields working when kids like you played and went to school. I educated myself to the point where I am and not some entitled high bloodpresure king like you. mine is 130/70 and stress is taken care of by the Maker. You speak of running me into the dirt at your next foundation. I really feel so sorry for you with all you big talk you are probably just no better than me, except maybe a bit more money, and probably do not even realize that it is only material, you speak of charge, i was ADON, manager, charge, worker, garbage man and any other chore to make folks lie your mother feel important and secure, i was council and preacher. I held many hands through the transition of death, just like your mothers and you have the audacity to run me into the ground at your next foundation meeting, Karma is King, I feel for you and your high blood pressure, after your stroke, and you need someone to clean and feed you slowly so you do not hunger or need meds so you are not in pain, maybe you will think of the likes of me, Go, dude, go and run my name into the dirt at your next foundation meeting, run it in good and hard, real good. As you believe, so it will be. When you trash me out good and proper, go drink some cognac and have a donut. Make sure you and your philistines have a good laugh at my expense and then when your day comes, as will mine, then we will see who smiles. Cheers to you this holiday season. Your mother must have been real proud of a son that runs a nurse into the ground for a laugh in the front of some would be friends. I really feel sorry for your lack of insight. You have not a clue. Poverty and hunger, you will know then as I know now. asking some drink of water and to be told to wait, will be for you. The food will sit at the end of your bed, where you cannot reach it only to have some uncaring worker pass you up on their way to a smoke, Go my friend, hurry and run me into the dirt and have a good laugh at my expense. This will be my present from you at Christmas, as my wife and I pray over the soup given to us in our poverty, Have a good one on me
Slurpee Summit

Petersburg, VA

#35 Dec 15, 2011
Normally, I'd respond accordingly but it seems as if life is doing enough to you already. Diversity.

How does a person such as yourself become a republican? Or more importantly, how did they trick you into believing that the democratic-republican party was two different parties?

Something has to be done about health care and whereas you think it's an Obama thing, it's actually desired by the States. When a person doesn't have insurance, the States have to absorb the hospital bill. This debt gets distributed to the residents. Universal Health Care is needed in America. Economically it may not be feasible because there are just too many people but it's needed.

Numbers provided by the government don't scare me, I pay a 28% tax on retirement income. I never hear anyone lobbying to amend it. Everybody complains about the deficit and it's just shy of the receipts but shutting down the government satisfies nothing. Congress could pass something if it stopped trying to defund Obamacare. Defunding it now would cripple the States, there are too many unemployed and the majority of them will need medicaid.
Go-Wanda

Petersburg, VA

#36 Dec 15, 2011
you sure are clueless about healthcare, better save up your money for the time you go to the nursing home because of you poorly controlled hypertension and get a glucometer while you are at it to check yourself for diabetes. Then you will see kindness and cruelty in action when the half of you is dead and the other half wishes it was. a beta blocker and a diuretic is not that expensive. Also, you might want to be a bit nicer to worker who, invariably will have to wait on you because you will be lying in your feces without heart. 30 years on the floor has taught me things you have not even imagined. better get that blood pressure fixed
Slurpee Summit

Petersburg, VA

#37 Dec 15, 2011
TV MAN wrote:
TO Slurpee Summit:
The world economy is not in depression; it probably won't fall into depression, despite the manitude of the current crisis. But while depression itself has not returned, depression economics, the kinds of problems that characterized much of the world economy in the 1930's but have not been seen since, has staged a stunning comeback. How did the world become this dangerous? More important, how do we get out of the current crisis, and what can we do to prevent such crises from happening in the first place? Essentially it means that for the first time in two generations, failures on the demand side of the economy, insufficient private spending to make use of the avaiable productive capacity, have become the clear and present limitation on prosperity for a large part of the world. The obvious solution is to put in more capital. A financial rescue along similar lines is now underway in the United States and other advanced economies, although it was late in coming, thanks in part to the ideological tilt of the Republican party. My guess is that the recapitalization will eventually have to get bigger and broader, and that there will eventually have to be more assertion of government control, in effect, it will come closer to a full temporary nationalization of a significant part of the financial system. I won't try to lay out the details of a new regulatory regime, but the basic principle should be clear. Anything that has to be rescued during a financial crisis, because it plays an essential role in the financial mechanism, should be regulated when there isn't a crisis so that it doesn't take excessive risks.
Of course not, as to world depression. Capitalists are seeing a return on their investments. Everybody else is on hold, until they recoup their losses from 2007. Ben Bernanke ensured their success.

Just because America broadcasts an inflated value doesn't mean the actual deficit nor debt is anywhere close to it. Divide it by 25 and you'll have a true value. The only thing that really produces a need to inflate it is the citizens need to feel as if they're advancing. If I kept adding a fictitious 3% of growth to cover an 8% loss, how long would it be before I had nothing left without borrowing or fictitiously creating more imaginary dollars. The amount of wealth doesn't change. Never has never will.
TV MAN

United States

#38 Dec 16, 2011
Stupid GOP:
Will someone tell Michele Bachmann that private sector lenders work on a risk to reward ratio. Meaning without Fannie Mae, and Freddie Mac, the risk would increase. Lenders would lose the backing of our government. Interset rates would need to be 12% before lenders would take the risk. Lenders have safer choices at higher interest rates. At least 50% of americans would not become home owners.

Since: Oct 11

Hayes, VA

#39 Dec 16, 2011
Everyone who voted Support only did so for one reason, Free medical insurance that I don't have to pay for.

Moochers.
wondering about wow

Petersburg, VA

#40 Dec 16, 2011
Slurpee Summit wrote:
I really don't want to get into this crap too deeply, I want you to be capable of comprehending.
The problem in America is the inability to repair the unnatural infusion of credit as the guidelines of what is deemed, " Successful ". Sustainable growth is impossible without constant tinkering. Imagine a system capable of operating flawlessly for 30 years, no way possible. Sub-prime didn't just injure the gambles, it injured the people who refinanced their homes and purchased new vehicles as well. Who in their right mind would pay for a car for 30 years? Look at your neighbors.
Healthcare is beyond repair but it can't be revamped nor repaired because the State has already borrowed too much money against it's future revenues. Residents belong to States, not a flag which identifies The Union. If the fed dissolved, States couldn't begin to develop 50 different replacement organizations to operate as independents as well as check and balance without the central banking system.
Paucity comes to mind, when a person is reading something I write and looking for concepts and ideals; they're just not going to be there. I'm fine with the system as is but I'll welcome the development of China's rinminbi as a world currency. You really don't want to know what I think; I am for America defaulting. Not because I don't like America, because war will lead to population reduction. A country this big could fight for 20 years and some semblance of a life would still be had.
When people vote, next year, they'll be casting ballots for sacrifice or to not sacrifice and the outcome will determine if America keeps it's name or get's redistributed and renamed by it's creditors. Whoever you owe owns you. The capital in America isn't real, it's all credit. Noone is paying to live in America, they're just going through the motions and those motions are giving people something to do.
See, what's not happening as usual is growth for the capital investors. America is about one thing and one thing only, taking care of the people whom supply the idea of a quality of life. Starve those people and life as we know it will suck. Until they are restored to receiving sufficient gains for their investments, people making less than $250k can't advance.
You're wanting to argue; whereas, I'd prefer to debate. You know that mediocre number crunching stuff without calloused hands? My hands are pretty smooth but my fingers are dry from turning pages and playing with old money. 3 degrees and you're an RN? BSN? and still tending to wound care? What kind of callouses are on your hands, ringing your pens to death?
Before you begin to think about thinking, do a cost analysis on one minute section of the overall thing that you're looking to alter. Thousands of people work on those legislative documents presented by each branch. We call them 'Thinktanks' and they don't debride pressure ulcers nor consult with people that do. Healing is anti-business, get a clue but I'm out of my league talking to a grunt, you'll be the laugh of my next function.
you seem to have a problem that others are slow. wrong. you pontificate too much bye
Slurpee Summit

Petersburg, VA

#41 Dec 16, 2011
wondering about wow wrote:
<quoted text>
you seem to have a problem that others are slow. wrong. you pontificate too much bye
I don't think you're slow, naive? Possibly but not slow.

It's nothing wrong with being educated in your field. I don't think you should worry about things you have no control over.

Who's in office doesn't change my life either way. It's more about what people expect that leads to how life feels in America. Everyone thought Obama was a bad decision, so it made it okay for the financial market to squeeze.

As to the pontificating, this is America it would be un-American to think about anyone but myself. It's a land of opportunity, not equality. Most slow people want to get rich for being slow, we call that SSI.

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