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2012 Elections results finally in US officially applies 4 Banana Republic status @ UN
#84
RE: 2012 Elections results finally in US officially applies 4 Banana Republic status @ UN
(January 8, 2013 at 10:28 am)BGChuckLee Wrote: It was a natural results of socialism and the inevitable failure of a welfare state.

Are we talking about the same thing?

I'm talking about the great crash in 2008 when Wall Street bundled toxic assets, sold them to unsuspecting traders with a AAA rating, eventually people wised up to the fact that the values were "toxic" (values were over-inflated) and panic ensued. The "perfect, self-regulating markets" I'd learned about as an MBA at Southern Methodist University, that Republicans assured us required no government oversight, came crashing down. But for Obama's recovery measures, we'd be remembering this time as The Second Great Depression.

But somehow welfare queens are to blame?

(January 8, 2013 at 10:28 am)BGChuckLee Wrote: My background has nothing to do with this, just economics, nothing personal.

Your background may be affecting you the same way mine was at one time before I got out into the real world. It's easy to buy into simple-minded Randian ideas of how the world should work when you don't know any actual poor people. You might discover, as I did, "Hey, they're not all lazy."
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RE: 2012 Elections results finally in US officially applies 4 Banana Republic status @ UN - by DeistPaladin - January 8, 2013 at 10:50 am

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