Putin warns obama about socialism

AAAhmed46 · Post by **AAAhmed46** » Mon Feb 09, 2009 1:19 am

http://www.etherzone.com/2009/raim020309.shtml

Wow, this is hilarious.

Bill Glasheen · Post by **Bill Glasheen** » Mon Feb 09, 2009 3:44 am

Good stuff, Adam.

My own older sister has fallen to the spell of the Obama sirens. She's sending me Obama videos, and telling me I don't need to reply.

Aaarrrggghhh!!!!!

That was a priceless article - obviously from a libertarian site.

Bill

AAAhmed46 · Post by **AAAhmed46** » Thu Feb 12, 2009 2:10 am

http://www.ericmargolis.com/political_c ... lment.aspx

Bill Glasheen · Post by **Bill Glasheen** » Thu Feb 12, 2009 2:39 am

The best way to stimulate the ailing economy is to cut taxes. Let people decide how to spend their money. Washington’s plans for new bridges and day care centers may win votes, but won’t revive the economy. Japan tried this and it failed. The US needs productive industrial investments.

A man after my heart.

- Bill

AAAhmed46 · Post by **AAAhmed46** » Thu Feb 12, 2009 2:54 am

Bill Glasheen wrote:
The best way to stimulate the ailing economy is to cut taxes. Let people decide how to spend their money. Washington’s plans for new bridges and day care centers may win votes, but won’t revive the economy. Japan tried this and it failed. The US needs productive industrial investments.
A man after my heart.

- Bill

His views on everything are rather complex. As it should be, he isn't dogmatically right wing, but isn't left either.

Bill Glasheen · Post by **Bill Glasheen** » Thu Feb 12, 2009 3:14 am

AAAhmed46 wrote:
His views on everything are rather complex. As it should be, he isn't dogmatically right wing, but isn't left either.

I don't find them complex so much as evidence-based. He's right about Keynesian Economic Theory not working in this situation. It just prolongs the problem.

Now, Obama and his team of Democratic Kenysian economists hope to spend the US out of deep recession by dishing out US $ 2.2 trillion in freshly printed money.

The famed 1930’s economist Lord Keynes claimed governments could correct recessions by massive deficit spending which would be repaid when boom times returned. His theories have become a state religion for liberals on the left of the Democratic Party.

But massive deficit spending is like treating a poison victim with more big doses of poison. This kind of economic voodoo reminds me of medieval medicine: try every kind of dangerous procedure until you either kill the patient or he somehow survives the doctors.

The current crisis was caused by runaway borrowing by the Bush administration, individuals, hedge funds, and the unregulated `shadow’ financial industry in New York and London. Obama’s remedy: borrow and spend trillions more.

How can you argue with the stark reality of it all?

If we can survive the first 2 years of this, we may be able to turn Congress away from a Democratic extreme. A Republican Congress with a Democratic president actually works pretty well. The spending goes down. It's tough getting the tax cuts you need to stimulate the economy the way it should be, but at least the spending gets reigned in.

- Bill

AAAhmed46 · Post by **AAAhmed46** » Thu Feb 12, 2009 4:58 am

Bill Glasheen wrote:
AAAhmed46 wrote:
His views on everything are rather complex. As it should be, he isn't dogmatically right wing, but isn't left either.
I don't find them complex so much as evidence-based. He's right about Keynesian Economic Theory not working in this situation. It just prolongs the problem.
Now, Obama and his team of Democratic Kenysian economists hope to spend the US out of deep recession by dishing out US $ 2.2 trillion in freshly printed money.

The famed 1930’s economist Lord Keynes claimed governments could correct recessions by massive deficit spending which would be repaid when boom times returned. His theories have become a state religion for liberals on the left of the Democratic Party.

But massive deficit spending is like treating a poison victim with more big doses of poison. This kind of economic voodoo reminds me of medieval medicine: try every kind of dangerous procedure until you either kill the patient or he somehow survives the doctors.

The current crisis was caused by runaway borrowing by the Bush administration, individuals, hedge funds, and the unregulated `shadow’ financial industry in New York and London. Obama’s remedy: borrow and spend trillions more.
How can you argue with the stark reality of it all?

If we can survive the first 2 years of this, we may be able to turn Congress away from a Democratic extreme. A Republican Congress with a Democratic president actually works pretty well. The spending goes down. It's tough getting the tax cuts you need to stimulate the economy the way it should be, but at least the spending gets reigned in.

- Bill

Im not talking about the article, im talking about margolis.

But yes, i agree.

Bill Glasheen · Post by **Bill Glasheen** » Thu Feb 12, 2009 2:52 pm

AAAhmed46 wrote:
Im not talking about the article, im talking about margolis.

But yes, i agree.

Well... I was going on the assumption that his article was a window into his way of viewing the world.

Trust me... From reading that article, it's obvious he is not a member of the liberal elite.

On the other hand, it's also obvious that he sticks it to the banking establishment and the Bush administration for their fair share of the economic meltdown.

We haven't had a good fiscal steward in The Big House since Reagan.

- Bill