Democracy ending

The more I learn about Texas Governors, and their special way with words, the more entertained I am:

"Now [you] take your Datt-suns and your Toy-yuttas..." ; "Mexico...[is] behind a tor-tealia curtain" -- William Clements (Texas Governor and SMU dropout, Clements was Governor 1987-1991)

"Stay out of it...go run the University." -- Clements to SMU President Donald Shields, when shields objected to SMU football players being paid to play. (As a result SMU got the "death penalty" from the NCAA.)

"Is our children learning...?" -- George W. Bush (Texas Governor 1995-2000,
and the only person to graduate from Yale with a third grade education.)

"George can't help it, he was born with a silver foot in his mouth." -- Ann Richards (Texas Governor 1991-95)

" [A good Republican is someone who] is against all government programs, but expects Social Security checks on time.” -- Ann Richards
 
Quote from piezoe:


"Is our children learning...?" -- George W. Bush (Texas Governor 1995-2000,
and the only person to graduate from Yale with a third grade education.)
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LOL! Why is the title of two terms ex-president not included?
 
Quote from tradingjournals:

LOL! Why is the title of two terms ex-president not included?
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Cuz we're talk'in bout what really matters here, son. Texas.
 
'ya know.. I used to listen to shortwave when it was the big thing.. Radio Moscow and the more modern Air America sounded very, very similar... and out of Radio Havana, in the '80's came news that the glorious socialist revolution was telling people to get out of the cities and find alternate food supplies.. they were actually telling the citizenry to get out and forage for grubs!! That is how failed socialism can fail!! They can redefine "failed" for you!! We have the War on Poverty in the US, it started a few years after the Cuban revolution.. if it was working we would have less poverty but no.. it's failed!! We have more poverty.. go figure.. So I'm looking at Cuba and I'm looking at the current leaders of our Socialist Republic of North America, the US of A, where half the people are on food stamps and government is spending more and going in debt to try to revive the economy that it has killed.. and they seem to have about as much regard for us as Castro did for his people, and I'm wondering just how "failed" it will get..

In the last year the Public Sector has increased it's debt when it cannot pay it's day to day expenses.. the only way out is via inflation for the Federal Sector [because they can do that] and austerity for all the other Public Sector entities as their dollars decline in buying power.. that means that as our dollar declines, and it could be a several year affair that leaves us with about fifteen cents for our dollar imo, services from our States, Counties, and Cities will be cut way back... We could be sending our citizenry out to the countryside to forage for grubs...
 
Quote from antelope:

Isn't it amazing how a call to people's direct opinion, an instrument of real democracy (Not like the bullshit elections where you choose from the already chosen ones) can bring such disruption in the market?

Isn't it odd and miserable to see how Europe, the cradle of Western civilisation, has rapidly absorbed the worst attitudes of Russian autoritarianism and American self-righteousness?

Isn't it gutting to witness the calls to a European Unity whilst everyone in europe is trying to build exactly the opposite?
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Yes, it is horrible. I hear something like 5/6th of the laws in Great Britain are made for them by technocrats at the EU. If it wasn't so sad it would be funny. This is the very birth place of classical liberalism. The intellectual foundation of free market capitalism and liberty came from the British. Edmund Burke, John Stuart Mill, John Locke, Adam Smith, David Hume and the list goes on, all rolling around in their graves.
 
Quote from piezoe:

Oh, my God. It's "liberals" that are destroying our freedoms. Run for your lives!

Funny how the dictionary definition<Sup>*</Sup> of "liberal" as someone "favorable to or in accord with the policy of leaving the individual as unrestricted as possible in the opportunities for self-expression or self-fulfillment." Or, "someone favorable to progress or reform..." has now become someone who threatens to "...destroy the USA and our freedoms" , and someone who "...want the guberment [sic] to do everything and take everything from success. Period." :D

__________
*American College Dictionary, 1961 edition.
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Yes, it is a disgrace how the socialists stole one of the great words in existence and thus changed its meaning. I am a liberal in the true sense of the word, meaning of and pertaining to freedom. The current "liberals" merely stole the word. A liberal is a free market capitalist, a believer in the individual not the collective, a believer in god or natural inalienable rights. The "liberals" today are not liberal in the true sense of the word, they are socialists. In fact, if you go to Europe and use the word liberal, they still regard that term as a free market capitalist and the people you regard as "liberal" in American society would be referred to as socialists or democratic socialists.

Reminds me of 1984...ignorance is strength, and all that.
 
Quote from maxpi:

'ya know.. I used to listen to shortwave when it was the big thing.. Radio Moscow and the more modern Air America sounded very, very similar... and out of Radio Havana, in the '80's came news that the glorious socialist revolution was telling people to get out of the cities and find alternate food supplies.. they were actually telling the citizenry to get out and forage for grubs!! That is how failed socialism can fail!! They can redefine "failed" for you!! We have the War on Poverty in the US, it started a few years after the Cuban revolution.. if it was working we would have less poverty but no.. it's failed!! We have more poverty.. go figure.. So I'm looking at Cuba and I'm looking at the current leaders of our Socialist Republic of North America, the US of A, where half the people are on food stamps and government is spending more and going in debt to try to revive the economy that it has killed.. and they seem to have about as much regard for us as Castro did for his people, and I'm wondering just how "failed" it will get..

In the last year the Public Sector has increased it's debt when it cannot pay it's day to day expenses.. the only way out is via inflation for the Federal Sector [because they can do that] and austerity for all the other Public Sector entities as their dollars decline in buying power.. that means that as our dollar declines, and it could be a several year affair that leaves us with about fifteen cents for our dollar imo, services from our States, Counties, and Cities will be cut way back... We could be sending our citizenry out to the countryside to forage for grubs...
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Let's hope it doesn't get to that point. I always find it rather perplexing that people don't study history, or perhaps it is the government controlled schools which teach them faulty history, lol.

If you care about the average person, there is no economic system that provides what free market capitalism provides. There is no century in the history of man when more poor and lower class people moved up in their lot of life than the 19th century USA, when government was almost non-existent, at least in today's standards. Big government servers just one master, and that's the ultra rich and elite. They are the biggest beneficieries of big government. They use the regulations of big government to eliminate any competition and they use the largess of the public purse for contracts and profit. All at the expense of the average individual.

The banking sector is the most obvious example. This is the most regulated industry in the USA, perhaps outside of the education sector. What do you have? Big banks which control everything, eliminate any competition with government regulations and get bailed out from the public purse whenever they want. They also legally own the Federal REserve (yes, the Fed banks have stock of ownership, they are private corporations, and the banks own that stock, lol) which has the ability to print money out of thin air and bail them out without even congressional approval.

It is a scam folks. If you care about the average person you must support free market capitalism and small government. There is no other choice, regardless of what you've been taught in the government run schools.
 
Quote from plyka:

Yes, it is a disgrace how the socialists stole one of the great words in existence and thus changed its meaning. I am a liberal in the true sense of the word, meaning of and pertaining to freedom. The current "liberals" merely stole the word. A liberal is a free market capitalist, a believer in the individual not the collective, a believer in god or natural inalienable rights. The "liberals" today are not liberal in the true sense of the word, they are socialists. In fact, if you go to Europe and use the word liberal, they still regard that term as a free market capitalist and the people you regard as "liberal" in American society would be referred to as socialists or democratic socialists.

Reminds me of 1984...ignorance is strength, and all that.
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A related word that has been stolen is "capitalism", which a lot of people in US confuse with crony-capitalism.

Defenders of the status-quo think crony-capitalism is capitalism.
Protesters of the status-quo think capitalism is crony-capitalism.
 
We had some interesting opinions, a good sign.

Though the initial question was really only about how a referendum (in Greece) can be interpreted by the markets as a terrible event.

The implied reason is that Greeks would say No to Europe, en masse, and that this would hinder EU stability.

But if Greece in considered a hindrance to EU economic and financial viability, why worry if they leave?

The real issue is German and Fench exposure to Greek debt.
So, we now know who is truly interested in making sure that smaller EU economies are trapped in debt forever.

Papandreou has made a smart move, clearly showing the world, that European Union is a scam.
 
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