• Moderators, please send me a PM if you are unable to access mod permissions. Thanks, Habsy.

OT: American Politics

twin-towers.jpg
 
theREALkoreaboy said:
i stopped reading right here. if you believe that to create jobs you need "massive gov't expenditure", you're beyond reasoning with.
Click to expand...


blah blah blah....U.S corporations are sitting on monstrous piles of money and aren't creating shit, by design. The "tax cuts for the job creators" plan has done nothing but allow for more shunting of profit to off shore bank accounts. A massive re investment in infrastructure and education would have massive long term economic effects. Corporations aren't job creation machines, they're profit generation machines...labour costs are exactly that...a cost for them to attempt to externalize, force onto downstream service providers...who just happen to be in China, Malaysia, India, Bangladesh, etc.

Have you paid attention to anything that has occurred in the world of Economics since the day after you received your degree?
 
Habsy said:
Exactly. Having a strong, cohesive, capable party and leader would have meant Obama's utter destruction. The GOP has none of that however. They will simply get the not Obama votes.
Click to expand...


On the flip side though...a strong, cohesive, capable party and leader would have put country before party and actually played a bit of ball with the Obama administration. Yeah, they definitely would have maneuvered and played the politics game...but they wouldn't have been historically obstructionist. They would have taken part in governing instead of what actually occurred, a hyper ideological child's game.
 
Former CIA Chief: Obama’s War on Terror Same as Bush’s, But With More Killing

http://bit.ly/PlnQlJ

Obama in 2009 closed CIA “black sites” and ratcheted down on torturing detainees. But instead of capturing so-called “enemy combatants,” President Obama kills them instead, Hayden said.

“We have made it so politically dangerous and so legally difficult that we don’t capture anyone anymore,” Hayden said. “We take another option, we kill them. Now. I don’t morally oppose that.”

Obama’s kill list has even included American citizens.

Hayden noted Obama campaigned on promises to close the detention center in Guantanamo Bay, and to bring more transparency to government.

Obama failed to close Guantanamo and continued the use of the often-cited “state secrets” defense in court cases challenging the government’s policies on the war on terror.

“Despite a campaign that was based on a very powerful promise of transparency, President Obama, and again in my view quite correctly, has used the state secrets argument in a variety of courts, as much as President Bush,” Hayden said. He noted that he appreciated Obama’s invocation of the state secrets privilege, as Hayden himself was named as a defendant in some of the cases.
Click to expand...
 
MindzEye said:
blah blah blah....U.S corporations are sitting on monstrous piles of money and aren't creating shit, by design.
Click to expand...

we've gone over this. corporations are sitting on cash and not investing because they are frightened to death in this environment where debt is exploding through the roof, there are calls to regulate and tax everything, and the economy is still in the shitter because of all the uncertainty. corporations arent hoarding cash because hopeychange isn't spending enough, and if you think that, you're a lunatic.
 
RT @mmcauliff: @SpeakerBoehner says he'll never forget 9/11. He voted twice against the 9/11 bill and skipped the final vote.
 
Re: OT: Canadian Politics

link
Bill 115 — the Putting Students First Act — was approved in the Ontario legislature in an 82-15 vote.

It imposes a wage freeze, the end of sick-day banks and a two-year strike ban, over the objections of unions representing most of the province's teachers and school staff.

"We are being very careful in terms of respecting the law," Premier Dalton McGuinty said Monday. "We are being determined in our effort to collectively bargain as much as we can ... If we cannot obtain a result through collective bargaining that achieves our fiscal results, then we will not hesitate to act because we believe that's in the public interest."
Click to expand...

Anti-socialist McGuinty-hating unionized government worker rant in 3.... 2.... 1....
 
theREALkoreaboy said:
we've gone over this. corporations are sitting on cash and not investing because they are frightened to death in this environment where debt is exploding through the roof, there are calls to regulate and tax everything, and the economy is still in the shitter because of all the uncertainty. corporations arent hoarding cash because hopeychange isn't spending enough, and if you think that, you're a lunatic.
Click to expand...

Sure, you've gone over this...and it's wrong. An American corporation has no inherent need to provide jobs to the American economy. Full Stop. A corporation flying whatever flag has one legal imperative, to provide a return on investment to it's shareholders. If that means creating 100,000 jobs to do so...great. If that can be done by cutting 100,000 jobs...also great. If that can be done by cutting 100,000 jobs in the US and paying 1/10th the wage to someone in Bangladesh to do it...also, great.

Your analysis on the current state of the economy is laughable. Corporations are doing fantastic right now, there's no uncertainty for them, they're turning record profits into record cash reserves. There's simply no reason for them to invest more in the U.S economy, the demand simply isn't there because the jobs aren't there in a consumer dominated economy. They're already drawing as much out of it as they can.

Corporations aren't hoarding cash because Obama isn't "spending enough", but because there's little for them to invest in. Why build a widget factory in Alabama when you can find similarly educated/skilled people in India/China/Bangladesh who will work for 1/10th the wage? That's my point, the U.S economy as it existed, never will again. It's been a long, slow descent from when they were the factory for the planet. If they want to maintain economic dominance, it needs to be through innovation. Innovation is risky though, and modern corporations typically don't have the stomache for it because it's ****ing expensive and may not return anything.

The idea that the corporations are simply waiting on the sidelines until a Republican President comes in and says nice things about how America is open for business... then 10 minutes later a torrent of widget factories will spring up to create millions of high paying jobs is ridiculous. Those jobs are gone, likely forever. The entire economy needs to be restructured, starting with 10's of thousands of engineers and researchers being pumped into it. That's not going to happen when post secondary education costs 100-150K per person though.
 
sounds like democracy worked here. there's a recognition that the heroes of 9/11 deserve some protection. there were concerns over the huge cost of the first bill. objections were raised, the bill was modified, costs came down, taxpayers' interests were protected, and the families seem to be happy that they are going to get some support for their problems. i don't know what you're grousing about here.
 
You must log in or register to reply here.
Back
Top