1 Keynesian economics making a comeback?

2

You know, the tales I have heard from people who lived in places like USSR and such were not happy tales.

Those people were not pro-socialism at all.

Odd that.

3 Democrats are not that organized. Shit, the only organizing they can do is community and labor, strong arm tactics to extort funds for projects or to fatten their purses.

4 "Geraghty wonders if the idea that the Democrats are actually engineering this to usher in a new era of socialism is really that far-fetched."

Ace, have you decided to come back to the conservative side for a bit?

5 Keynesian economics making a comeback?

When did it leave?

6 Another day of polls...a further widening of the gap between Obama and McCain. Meth time from McCranky.

7 This pretty much coincides with what I've been reading in Jonah Goldberg's book Liberal Fascism. We sneer at NRO a lot on this blog, but this book is first rate, and all you morons should read it.

8 uniball wrote at 3: "Democrats are not that organized. Shit, the only organizing they can do is community and labor, strong arm tactics to extort funds for projects or to fatten their purses". Not that I buy into this unitardation, but even if those were the only places where the Dems were showing organization, it would still be more than enough to kick McStaresAtSarahsButt into the trashbin of history.

9 I kind of doubt it.  Any more than I believe that all the folk on the right who oppose the bail out are terrible, evil people either.  Sometimes folk just don't agree.  And right now the Repubs ar hurting themselves with their base worse than the Dems are with theirs.  Not because they support a bail out, but becuase they haven't bothered to explain that it's not the Repubs fault that it is necessary, and that they will made damn sure that we won't have to do another one in a couple of months.  The Repubs are swallowing too much right now.  And asking their base to swallow too much without  exxplaining what they are going to do to make certain this doesn't happen again.  They need to get out in font of that.

10 The new socialism: From each, according to his abilities. To each, according to his campaign contributions.

11 There's one line of argument that Pelosi monitored the bailout motion vote by vote to make sure enough Repods were voting Aye to prevent them from turning it into a Dem bill. Kinda makes sense. There's another that says Pelosi's plan was to make sure Repods were seen as responsible for killing the Two Barney Bail Out [Franks & Bush] so Irish Barry can emerge to lead a plan to nationalize banking. Also kinda makes sense- maybe more.

12 Funny...Alfred's line from The Dark Knight was the first thing that I thought of as well. "Some men just want to watch the world burn."

I think that pain is a necessary side-effect of growth. I think that taking responsibility for our mistakes is an ethical necessity. I do not think that there is any moral value in pointless destruction, nor in self-flagellation. It's actually a kind of repulsive indulgence to wallow in misery this way. Only a fool chooses misery when other options exist.

13 DD: Come again? Cause the last I saw, McCain gained by 2 on Obama. McCain is now down by 6.

BTW, for everyone who thought that we needed to pass the bailout, go read Peter Robinson over at National Review.

We, the opposition of the bailout, are not hayseeds and we know a lot more than you think.

14 Seriously, why haven't the Repubs explained what Dodd and Barny Franks have been up to and make some cursory attempt to lay out a plan to make certain this won't happen any more?  To this point their whole reaction has been to sick the reporters and the talking heads on their base, and go mum.  Is that wise?

15
Dideretards dog,

You make a valid point, but I highly doubt the Democretarded party is organized enough to engineer what is going on to bring about a new era of socialism through this economic retardation.  That's fucking retarded.

But you are right, they do seem even a little more organized than the Retarded party.

16

No. It isn't. They don't do a thing without calculating partisan and ideological advantage.

17 Or am I reading the situation wrong?

18 More and more I am starting to believe that is exactly what this is.  Liberal policies don't sell unless there is a "crisis".  Stepford Speaker knew exactly what she was throwing up yesterday, and the coordinated response was very much pre-planned.  And of course the media is goose-stepping along in perfect rhythm.

Read Jonah's Liberal Fascism if you haven't, and you'll get a good primer on how the socialist left works historically.  This is all a political ploy to scare the masses into voting for socialism.

And.... why is everyone so pissed about ACORN, but is afraid to mention what that acronym stands for ?  Association of COMMUNITY ORGANIZERS for Reform Now.  Talk about rabble-rousing.  This is where Obama cut his teeth.

19 With the Fed dumping 650 billion in the markets we do NOT need this shit sandwitch. Kill the Bill as MM says.

20 I heard Nixon and Bush were devils, but that Mao guy wasn't so bad.  I better check with Juan Cole.  Mao may have been mistranslated.

21 Hey, Ace, how about banning DD for coming into threads and spam-trolling for shit that has nothing to do with the thread at hand?

22 As I said elsewhere, I was getting all worried until I saw that Obama News Outlet Time, now that the Obamamessiah has approved the bailout, was pushing forward their latest piece of propaganda about why we should learn to love it.

http://tinyurl.com/46hlds

And inside I found some disturbing facts:

-- Banks are no longer making subprime loans

-- Banks are demanding a higher interest rate for jumbo loans

-- People with lower incomes are getting fewer credit card solicitations

-- It now takes average or better credit scores to get the lowest rates on auto loans

-- CD yields, which represent banks moving towards more cash deposits, are rising

OMG. We're all going to die. I mean, we HAVE to approve this bailout so that banks can make more subprime and cheap jumbo loans, so that people with lower incomes can get more credit cards and cars, and so people will stop putting their money into banks and start spending it instead.

/sarc

Ever get the idea that the Democrats use the poor as a blunt instrument? Why are the Democrats always suing and demanding that companies extend poor people credit, then turning right around and demanding that those same companies be punished for "predatory tactics"?

Again, what McCain needs to do here is say flat-out, "Obama supports taxpayer dollars being used to support those who took out mortgages they couldn't afford and those who were greedy enough to give them those mortgages. I don't. Let's talk about something that helps those businesses and companies who these actions hurt first, and put those who caused the damage at the back of the line."

23

I think it's the retribution thing that appeals to them, Anybody with any money--George Soros excepted--did something awful to get that money and ought to be brought low. Maybe they aren't cheering for it but they might see a very large silver lining.

 

24 "And.... why is everyone so pissed about ACORN, but is afraid to mention what that acronym stands for ?"

I bet you over half the people using the acronym picked it up on the blogs and didn't know what it stood for.

25 Gabriel,
Ask about Pol Pot while you are at it.

26 "Seriously, why haven't the Repubs explained what Dodd and Barny Franks have been up to and make some cursory attempt to lay out a plan to make certain this won't happen any more?"

They're afraid of the wrath of David Gergen.

"These Democrats are trying to unite the country around something the people do not support and the Republicans are playing party politics by listening to the people. - David Gergen

Change his batteries. - Anderson Cooper"

27 I had no fucking idea what ACORN was or meant until just recently, but I am a moron.

28 No, really we have some Repub operatives that cruise the site.  I'm just asking why have you been so intent to sell the plan to the point that you had folk calling every one opposed to it  irresponsible fools and ghouls and closet socialists intent on the over throw of the nation, but at the same time you won't submit one single plan to the public designed to ensure this doesn't happen again.  Why have you not had one single unkind thing to say about Franks and Dodd, but you have been willing to burn your base to the ground?  Was the situation so dire that you forgot t make any preparation at all for what would follow? And if the sitaution was that dmaned dire why did you let Nancy Pelosi spook you out of it with a dingy speech?  What are you guys doing?

29 You know with all the skin eating, we forgot about the love.

30 @10

Except Adam Smith, who many people credit with the idea of Laissez Faire capitalism used that line first. 

"The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. A tax upon house-rents, therefore, would in general fall heaviest upon the rich; and in this sort of inequality there would not, perhaps, be anything very unreasonable. It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion."

31

The American public sniffed out this scam. Gargantuan financial interests manufactured this crisis in order to shake down the American taxpayer. Busted. Ace got jobbed.

Pelosi brought that bill to the floor only because she thought it would pass. My hunch is that Boehner told her he had 90-100 votes for it. She dealt out the "Get out of Vote Free" cards to her cronies. He lied. Beautifully.

 

32

Another day of polls...a further widening of the gap between Obama and McCain. Meth time from McCranky.

Another log from Diderots Dog.

Watch where you step.

33 I need ideas.

If ACORN uses the "livable wage" as a pillar of their platform for change, but goes to court to sue employees asking for ACORN to pay minimum wage, what's the angle if ACORN has placed bailing out people that should never have been approved for loans in the first place as one of their new pillars?

The founders of ACORN just admitted to extorting the organization for their own benefit, right?

I will summarily submit their names for Chairman of the new regulatory board that oversees whatever the hell bill Washington passes.

34 Re: 30

Sorry I am posting from work and accidentally posted that while on the phone.  I have no forgotten what I was going to say to complete the thought.  

I assureyou it was profound but after 10 minutes talking to a marketing guy profound is no longer within my grasp.

35 If you read the Daily K...er...if you can stomach those sites for longer than 30 seconds, be on the look out for "Mission Accomplished" posts.

36


"Geraghty wonders if the idea that the Democrats are actually engineering this to usher in a new era of socialism is really that far-fetched."

No way. It's never happened before, I know that radical leftist assholes would never even think of doing this.

It's not like they are taught this from birth or anyhing like that, or brainwashed into believing this shit.

Amazing, I mean, really, how could tihs happen so close to an election, just a fucking coincidence.

I know they have something on that Paulson fuck, maybe some bathroom stall hijinks...

37 Hey, Ace, how about banning DD for coming into threads and spam-trolling for shit that has nothing to do with the thread at hand?

I got a better idea, why doesn't ace ban DD for being a retarded dickhole?

38

After not hearing a peep from the so-called GOP leadership condemning Frank, Dodd et al (screw their comity and professional courtesy --haven't they had Frank flick boogers in their face?) I've concluded they are all hung like stud field mice.

I see the death of the GOP in all of this.  Why the hell would anyone with a lick of integrity, common sense and conservatism want to be associated with the Assclown Party?

 

 

 

39

Hilarious Vomit video from Iowahawk.

 

http://tinyurl.com/4uyklt

 

H/T Confederate Yankee.

40

And inside I found some disturbing facts:

-- Banks are no longer making subprime loans

-- Banks are demanding a higher interest rate for jumbo loans

true and congratulations on making progress. yesterday you opposed the bailout while banks were still making zero down no income verification loans to people with bad credit. i suppose you think those type of loans will make a quick reappearance when the bailout is approved. i don't think they will come back soon.

41

Hey, Ace, how about banning DD for coming into threads and spam-trolling for shit that has nothing to do with the thread at hand?

But first let's give him the Most Improved Troll award since he is using punctuation now.

42 I got a better idea, why doesn't ace ban DD for being a retarded dickhole?

I'm fine with that, too. Since my local prosecutor became an Ubersturmfuhrer on the Obama Ministry of Truth Squad, I'm not as wedded to the idea of 'fair play' with these cocksuckers as I once was.

43 Obama's inspirational socialism has me hoping that Granny Rictus falls into a fucking depression the size of Switzerland.

44 "...government spends money on the real economy to put people back to work."

WTF?!? Government doesn't put money into the "real economy", and the only people that they hire are bureaucrats. Government TAKES MONEY OUT OF the real economy, and stifles putting people to work by encouraging people to live on welfare and food stamps.

45

John Milton had the leftist mentality down pat in "Paradise Lost":

"Better to reign in hell than serve in Heaven"

46 When they come to round you up Stinky, just remember - arbeit macht frei. Those gigantic posters of The One aren't going to hang themselves, you know.

47

Pelosi strategy was to tank the bill.

http://tinyurl.com/4ylgvg

 

48 i suppose you think those type of loans will make a quick reappearance when the bailout is approved. i don't think they will come back soon.

Yup -- especially when Obama, Frank, and others start screaming "affordable housing" and sending out their ACORN goons.

http://tinyurl.com/3pdmzo

Repeal the CRA, then we talk.

49 The "weakest get purged", eh? I thought we got in this mess by subsidizing homes for the weakest. Liberals sure seem to love the theory of evolution. Survival of the fittest is a pretty big part of that. How do they square that with putting people on the dole for life? Also, what does Didiot's Hog mean by widening in the polls? I thought Gallup showed a narrowing. Did some other polls come out, or is Dumb Dumb just exercising his liberal "intellect"?

50 Posted by: Vic at September 30, 2008 05:15 PM (b1ysY)

And now, thanks to Vic, I have a new item for my list of demands; the Republicans state publicly that Nancy Pelosi is attempting to block any attempt to investigate Freddie Mac and Fannie Mae executives for their role in encouraging and demanding subprime mortgages.

51

The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.
Vladimir Lenin
 

The best way to destroy the capitalist system is to debauch the currency.
Vladimir Lenin

The press should be not only a collective propagandist and a collective agitator, but also a collective organizer of the masses.
Vladimir Lenin 
 
A revolution is impossible without a revolutionary situation; furthermore, not every revolutionary situation leads to revolution.
Vladimir Lenin

I think they're organized and they're following the basic socialist playbook. 

 

 

 

52 I don't work in finance and my understanding of economics is, while better than most peoples',  certainly that of a layman. Could someone explain to me what the Democrat's argument is as to what caused this crisis? Do they even have one? All I hear is the usual platitudinous moonbat vomit about greed, the market, Chimpy McHalliburton, deregulation and the like.

53

suppose you think those type of loans will make a quick reappearance when the bailout is approved. i don't think they will come back soon

 

As I posted in the other thread, those kind of loans can NOT go away because the law forces them to be made.

54

Wally

 

The constant refrain made by the Astroturfing Sockpuppets for the Vomit over at Townhall.com is “deregulation” and Wall Street CEO greed. When asked specifics for “deregulation” their repsonse is removal of Glass-Steagle. When asked how that caused or effected the event there is usually no comment. 

 

Perhaps DD has an explanation.

55

LOL, now it wouldn’t do any good to repeal CRA. Pelosi sponsored and rammed through this bill which was signed into law on July 30^th.

 

http://tinyurl.com/42qxdc

 

We now have another permanent socialist housing authority.

56 That makes it easier, Vic; we now have proof that Nancy Pelosi and the Democrats want to buy up these mortgages specifically so they can cancel them at taxpayer expense, just like they're doing in this program you cited.

Again, America; Obama believes that you should be forced to pay for other peoples' choice to take out subprime mortgages that they can't afford and the bankers who were foolish enough to give said mortgages to them.

57 Socialist playbook it is. Every leftists loves the idea that destruction breeds creation and the socialist paradise will arise from the ashes.

58 Bah, socialism is small potatoes.  I'm going for a theocracy of the Church of Obama, baby!  Heretics will burn (in a carbon-neutral fashion, of course).

59 Apparently, the people writing this are laboring under the delusion that they are not 'the weakest' or subject to purge.

Just because the last election swung the country left doesn't mean the next won't go as far in the opposite direction.

60

Geraghty wonders if the idea that the Democrats are actually engineering this to usher in a new era of socialism is really that far-fetched.

My dad, who was alive at the time although very young, swears that Cactus Jack Garner as speaker of the house did exactly that from '29 to '32. He blocked every move that Hoover tried to make in order to right the economy so that Hoover would be discredited and the Dems could take the White House in '32. Mr. Garner, being from a southern state and it being only two generations since the reconstruction, was unelectable and so the country got an east coast aristocrat named FDR. History was rewritten to show Hoover as a later day Nero who didn't care about the little man and basically fiddled while the country burned. So I wouldn't say that Geraghty's musings don't have a chance to be valid.

61 I think it's fair to say that Detroit has been going through a minor depression (while the whole state of MI is in a recession) brought about by completely incompetent Democrats. In Detroit, it's been going on for decades. Have the people demanded better government? No. Have the weak been purged? To the contrary, we've housing, feeding and schooling them. Have the scoundrels gone belly up? Actually, they're richer than before. Democrats have bad ideas.

62

A few years ago I was in Benton Harbor, MI on business. Several of us went out to a bar in town after our daily activities and I noted that most of the downtown stores were boarded up and it looked like one of those old WWII photographs of European towns at the end of the war.

 

I asked a local about it and he said that the economy had been largely based  on auto part suppliers who had ALL moved out to foreign lands where the taxes, unions,  and regulations were more amenable to operate.

 

Yeah, you could call it a “minor depression”.

63 Hey DD, why are you wasting your time on this site.  As a dog you realize you can lick your own balls right?

64

You know, I never expected in my life that there would come a time when Pravda was more accurate than the New York Times.

 

http://tinyurl.com/3f98wm

 

http://tinyurl.com/4kc7we

65

@30:

Who quoted Adam Smith:

"The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it.....

That was certainly true when Smith wrote.

But it is manifestly not true in America today, where the poor are obese, the rich strive to be "social x-rays", and even welfare recipients own cars, plasma TVs, A/C/and PCs.. 

A tax upon house-rents, therefore, would in general fall heaviest upon the rich; and in this sort of inequality there would not, perhaps, be anything very unreasonable. It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion."

So the conclusion Smith reached ---about "the rich" having an obligation to pay more in taxes for house-rents and that "this sort of inequality not...be[ing] very unreasonable --- is today a non sequitur.

If you want to make an argument that "the rich", which apparently includes all taxpayers, have an obligation to buy homes for "the poor" , well, you would sound just like Barney Frank and Maxine Waters, wouldn't you.

But you wouldn't sound like Adam Smith.

 

 

66 Uh, Yo, Dog,( to use someone else's shopworn tagline), but  Lemmiwinks is right about the whole licking your own dog parts thing. Judging from your other posts,
you are probably used to the taste of nuts in your mouth.

So, roll up in a ball in the corner and spend some quality time slobberwashing your
own junk. Slobber could damage your keyboard, so stay away from that.

Happy lickin', Dog...

67 That post looked like s***. Fudge.

68 "Cloward-Piven strategy" in action

69 I must be confused, because the opening quote appears to me to be emphasizing properties of about free markets THAT WE LIKE TO EMPHASIZE. 1) "scoundrels go belly up" - what, are we now arguing that this is a bad point? 2) "the weakest get purged" - this is a bad thing when applied to people, but a good thing when talking about markets. It's creative destruction. 3) "people demand strict regulation of the money lenders" - yeah, ok, this is tougher, but ARE WE NOT PROPOSING REGULATORY CHANGES? "the money lenders to keep their greed in check" "government spends money on the real economy" Yeah, those last two are bullshit, but those are MOTIVES, not behavior. What, are we the fucking thought police now. We should want as many bad players to fail as possible - while still keeping the market functioning. IS there a way to do that? Some say yes, some say no. Kill the bailout. Delay it. Whatever. This bailout is arguably more dangerous than a depression to our liberty. Many people are taking that position, and are making reasonable arguments in doing so.

70 I say put a responsible adult like Chris Dodd (from the German "DUDD") in charge of gate keeping , along with say, Sheila Jackson Lee, for you know, good, objective supervision of these bailouts. That way Bawney Fwank can go back to tea bagging altar boys and Granny Nancy Mc Botox can go back to her crypt and catch a relaxing nap in her coffin full of dirt, like she does back in Cali.

With that crowd in charge, what depression?

After all, they're allied with the Kennedys, what could go wrong?

71 Obammameister Uberschwarza has a new way to avoid depression and put money into this economy:

Take away guns, melt them down for scrap money  and give the money to the homeless for crack and Thunderbird.

Instant economic stimulus.

Stunning, almost Messianic grasp of the issues scrolling across the teleprompter.

Let's all stand  and bow in the direction of  Chicago in obeisance to the Coming Lord of (Menthol) Kools and the leftie lay-up.

72 @65

I posted that and as I explained in point 34 I got interrupted and hit post before I was finished.  The point I was going to make though was that playing Sean Hannity and breaking out the from each to each line in response to every economic argument as prooff of socialism doesn't really work given that the idea is also exhibited in Wealth of nations.

73 HITLER WAS A LIBERAL,STALIN WAS A LIBERAL LENIN WAS A LIBERAL,MAO WAS A LIBERAL,BILL CLINTON WAS A LIBERAL,JIMMY CARTER WAS A LIBERAL BARACK OBAMA IS A LIBERAL

74 Is this any surprise. Look at Katrina. Bush tried for days before landfall to help NO with money and National Guard troops. Gov. Blanco refused to sign the request for help. Why? Because the Clowntons and their ex-FEMA head moved in and took over with the party agenda they discussed behind closed doors on the Hill. And people died. All to Blame Bush, Hate Bush. All to get a petty political issue. Scroom.

75 Damn.  I thought Ace came off the rag today.

Guess not.

76 YouTube Video Converter helps you download YouTube video to your computer and convert YouTube Video to MP4, 3GP and other videos, such as convert YouTube to avi, DivX, XviD, rm, rmvb, MOV, MPEG, MPEG4 AVC, H.264 and WMV, VOB; VCD, SVCD and DVD Format .mpg; And the independent player of the YouTube Converter will amuse you by playing your favorite videos.M2TS Converter is a powerful m2ts conversion software that can convert M2TS files to other video and audio formats. Convert m2ts, ts, trp hd video files is so fast and perfect.For e.g. With the M2TS Converter you can convert m2ts to AVI, convert M2ts to MPG, convert m2ts to iPod, convert m2ts to WAV, etc. The software support a series of output formats like, WMV, AVI, ASF, MPEG, MP4, MOV, 3GP, VOB, FLV, WMA, MP3, AAC, WAV, etc. It can aslo supprt convert m2ts files to iPod, iPhone, Apple TV, Zune, PSP, PS3, Creative Zen, Archos, MP3, and other Video and audio players. The Transfer iPod to Computer is premium iPod transfer software for iPod music, video and photo transferring. It can transfer iPod to computer and backup iPod to computer quickly and smoothly. It's also a computer to iPod transfer tool which can transfer iPod music, videos and photos from computer to iPod.iPod to Mac Transferis perfect and powerful iPod transfer for Mac software. It offers iPod to Mac transfer of music, photo, video, movie, podcast and TV program. Moreover, iPod to iTunes, and Mac to iPod transfer are also supported.DVD to iPod for Mac is specially designed for Mac Intel and Mac Power PC users to convert DVD movies to iPod video format on Mac OS X (including Mac OS X 10.5 Leopard). Supports playback on iPod touch, iPod classic, iPod nano and other portable video players.

77 mens fake gucci wallets fake balenciaga lady look shorter than she actually fake yves saint laurent lv mens wallet.

78 Thanks for sharing, I found this story while searching for rock lyrics Advertising signs, useful comments and great points made.thanks for great informations It’s a wonderful Writing Board! Great site. A lot of useful information here neon signs California. I’m sending it to some friends!I’ve recently started a blog Los Angeles neon signs, the information you provide on this site has helped me tremendously. Thank you for all of your time & work.