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  • mdogspot
    Interesting quote from Norman Thomas who ran for President in the 1920's on the Socialist Ticket. Here it is:

    "The American people will never knowingly adopt socialism. But, under the name of "liberalism," they will adopt every fragment of the socialist program, until one day America will be a socialist nation, without knowing how it happened." He went on to say: "I no longer need to run as a Presidential Candidate for the Socialist Party. The Democratic Party has adopted our platform."

    And too many R's go right with them. These career politions make me sick!!!!!!!!:eek:

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  • cudalyon
    A group of financial experts got together and determined the best way to help out the economy right now is to do nothing. All of the attempts to get the Country out of the Great Depression in the 30's only extended the depression by several years.

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  • Brosia
    started a topic Easy-to-understand story

    Easy-to-understand story

    of the economics stimulus plan for people like me who need it simple. :p

    Consider three people living in an island, running their own tiny economy. Bob, Sarah and Charlie are all farmers who grow their own food, making an honest living by working 8 hours a day to create the food, clothing and shelter they need to survive.

    One day, Charlie decides he wants to be the Governor of the island. He tells Bob and Sarah that as Governor, he’ll bring wealth and prosperity to them both. Initially, that sounds good, so Bob and Sarah agree to elect him Governor........

    Government spending of debt money does not result in any net creation of jobs at all. It only confiscates wealth from private citizens and forces them to pay for centrally-planned jobs that the real economy usually neither needs nor benefits from.

    Government jobs are created with confiscated wealth.

    Although greatly simplified, this little scenario demonstrates the ridiculousness of anyone who believes government can “create” jobs. Government creates no net increase in jobs through debt spending. It only confiscates wealth from those who are willing to work and justifies its own wealth confiscation efforts by pretending to offer solutions to the very people it is stealing from.
    Last edited by Brosia; 02-09-2009, 10:21 AM.