Search results

  1. R

    Canadian Politics - Beware America you never want to be socialists

    Why, because he doesn't sound like Vin Diesel? He was a professor in political science, that's pretty smart to me. And please provide facts, I went out of my way to do so.
  2. R

    Bloomberg: Worse financial crisis in 1600 years

    They bailed out the pottery industry, very powerful back then. Unfortunately only after throwing half the gold in the empire did they realize a broken pot is in fact, a broken pot.
  3. R

    The economy is booming

    I saw an estimate that financial sector losses were 200,000. It's a lot, but a more are from other sectors.
  4. R

    Breaking: Obama unveils 21st Century New Deal

    Hey, this is hardly breaking news! You tricked me: Let's see how Barrack "the salesman" Obama will do with his New Deal. First of all, where's the minimum wage increase? Wait, I thought he said he was doing a New Deal :( I guess he'll help people in other ways: ENERGY: "We will...
  5. R

    Canadian Politics - Beware America you never want to be socialists

    You shouldn't have mentioned socialist, communist and separatist, the labels put on any of the politicians are meant to mislead. The world moved a long time ago from far ranging theories like this, I bet you think Harper has the right ideology? As for your arguments that he is doing all the...
  6. R

    The economy is booming

    Unemployment is at 6.7%. Add in discouraged workers, remember the recession is now over a year old, and you can get 10%. This means 1 in 10 americans is out there without a job, yeah, everything is fine and dandy..
  7. R

    Canadian Politics - Beware America you never want to be socialists

    Meh, I'm cheering for the coalition. Harper during a recession does the 100% opposite of any sane economist, he lowers taxes and provides no spending. Uh, you're supposed to spend on infrastructure and not lower taxes. As for the auto sector, it's a bigger % of the canadian economy than the...
  8. R

    China Faces Mass Social Unrest

    Funny, the first thing he said was redistribution of wealth, only fair after the last 30 years of redistribution of wealth to the rich! What ever happened to chinese socialism? So anyway, what's the goal here, to sell a substantial increase in domestic security and loss of personal freedoms?
  9. R

    how will Canada fare if global economy collapses?

    Considering the first line said I wasn't racist.. what else do you have to add? People these days have no problem defend someone who's morally bankrupt, "everyone else does it" is not good enough.
  10. R

    how will Canada fare if global economy collapses?

    I have nothing against chinese, we're all immigrants, but they must integrate themselves. Like I said, the next generation of these immigrants will be properly integrated so it's all good but this generation doesn't even try. And what do you mean REAL chinese restaurants, like Mongolian...
  11. R

    how will Canada fare if global economy collapses?

    I'll never trade the free health care here for any kind of privatized system. Where exactly did you hear about the doctor stories, because you certainly didn't have a kidney transplant yourself? Some lists are long true, but they are overblown. It won't happen for emergency care. It's still...
  12. R

    how will Canada fare if global economy collapses?

    My experiences in Markham has been that half of them don't even speak english, their supermarkets only import chinese products and contribute 0 to the local canadian economy, their restaurants aren't "great" food, in fact any cheap chinese restaurant will just import some ready made meal in a...
  13. R

    Black Friday: Americans shop like there is no tomorrow

    Retailers are slashing excessive inventory, hardly positive.
  14. R

    Socialist Soros

    Anyone who believes in terms of absolutes like socialism or free market misses the bigger picture. What Soros means by his socialism is rules and regulation that help the whole economy and everyone involved. You might want to read about market fundamentalism. What the rich cronnies mean by...
  15. R

    Walmart worker dies this morning

    That is very sad, who set it up so that a worker would stand in the face of danger like that? And what recession? :D
  16. R

    Obama Hires Paul Volcker

    Because the banking system demands growth. Gold might lower leverage and uncontrolled increases in money supply, but it doesn't take care of the growth problem. Say you have 1 bank with $100 of gold and $1000 of loans to steel companies. It was about this ratio, the ratio was never 1 to 1...
  17. R

    Obama Hires Paul Volcker

    The biggest problem with the gold standard is that it's prone to deflation, hard to explain in a few words why. Take a look at an inflation deflation chart of the past 200 years, it should be available online. You'll see the excessive volatility in inflation, that's not good for business. Also...
  18. R

    Obama Hires Paul Volcker

    And if you were to look into history you would see that Greenspan and Rubin especially (who was chairman of Citi at the time I think) pushed the hardest for breaking down the Glass-Stegall act and allow the superbanks to exist. Everyone in Washington pushed for deregulation. This is a bipartisan...
  19. R

    Average american more leveraged than LEH

    I can answer that, since I've been hammered away that Visa is a great company since it doesn't suffer any credit risk and only takes a commission :D American Express however might feel the pain, or Citigroup, or JP Morgan, or BAC. The banks would be in severe trouble if people stopped...
  20. R

    Philip J. Berg, Petitioner v. Barack Obama

    Read my edit that I added, I'm off for a while. And like I said, stop believing the bullshit they feed you, I might not know Soros personally but basic thinking skills tell me it's not him that "controls" entrenched business interests and multi-generation families and so forth. He's a zit in the...
Back
Top