They Still Dont Get It.

[JAMESBJOHNSON]

http://www.bloomberg.com/apps/news?pid=20601087&sid=ahpLpu9sKLyY
NO ONE IS SPENDING ANY MONEY.

About the only thing Adolf Hitler got right was full employment. Germany was mired in the Great Depression when he came to power in 1933, by 1935 Germany had full employment and plenty of money in the banks. America, on the other-hand, had several more years of depression and recession to experience.

Full employment doing valuable labor is always the ticket out of bad times. Full employment stops welfare and unemployment payments, it makes people spend money and pay taxes, it reduces crime and social problems, it re-vitalizes communities.

So why dont we do it?

Cuz our government is corrupt and the money goes to the elites and their soldiers. The mafia doesnt give a fuck where you get the money, they arent an employment agency...ditto for our government.

 

[Handley_Page]

Like many before him, or since, Hitler's "employment" was predicated upon his military aspirations, so there was a lot of employment in the arms industries.

What we going to do with all that equipment ? Start another bloody war ?

 

[JAMESBJOHNSON]

Like many before him, or since, Hitler's "employment" was predicated upon his military aspirations, so there was a lot of employment in the arms industries.

What we going to do with all that equipment ? Start another bloody war ?

No. Hitler certainly unleashed the creative genius of Germans, and much of the military might had commerical applications....autobahns, jets, rockets, synthetic fuels, etc. Roosevelt destroyed 6,000,000 pigs while Hitler fed Germans.

 

[bronzeage]

No. Hitler certainly unleashed the creative genius of Germans, and much of the military might had commerical applications....autobahns, jets, rockets, synthetic fuels, etc. Roosevelt destroyed 6,000,000 pigs while Hitler fed Germans.

The Great Pork Holocaust. Never again, never again!

 

[TE999]

People are scared shitless that inflation is going to erode their savings, so investments in precious metals, mutual funds and other non-cash instruments have increased dramatically.

California will be lucky if anyone buys their bonds, even at fire sale prices. The state has nothing to back them up except future taxes, and their economy's in the toilet, so where's the incentive?

 

[JAMESBJOHNSON]

People are scared shitless that inflation is going to erode their savings, so investments in precious metals, mutual funds and other non-cash instruments have increased dramatically.

California will be lucky if anyone buys their bonds, even at fire sale prices. The state has nothing to back them up except future taxes, and their economy's in the toilet, so where's the incentive?

Inflation is coming!

 

[DeeZire]

....Cuz our government is corrupt and the money goes to the elites and their soldiers....

JBJ - Aren't you glossing over the financial meltdown, which would have been much worse without the "money going to the elites" as you put it? Until I see some reputable economists explain likely scenarios that would have occurred without the bailout, I'm reserving judgement.

I will agree with you that our government is corrupt, but I place most of the blame for that on the conservatives who refuse to endorse campaign finance reform, reform of the lobbyist situation, and the redistricting debacle, (a bipartisan problem) which leaves us with something like only 5% of our districts with competitive races.

Unfortunately, due to the conservative makeup of the Supreme Court, the corruption is only going to get worse when they give corporations the same free speech rights as individuals during election season. If it was a Liberal Supreme Court, we wouldn't have that to worry about - which brings us back to the same old scenario of the conservatives screwing the pooch in the name of the almighty dollar. You'd think, after screwing our country into the giant hole we're in now, their dicks would be getting sore.

 

[JAMESBJOHNSON]

DEE ZIRE

When you bailout a loser you impose unfair competition on the people who are competent and ethical; and the next time they fuck up we'll need to fix them again.