Soros sees end of US-led globalized market system
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AEON
Rock n' Roll Doggie Band-aid
That's really shocking coming in from him. I always thought he loved the US.
What exactly does that have to do with anything?
OP
OP
financeguy
ONE love, blood, life
I assume this is something called irony.
He gave financial support to Kerry's campaign, and disagrees with Reaganomics.
You probably think that means he hates the US, right?
BVS
Blue Crack Supplier
You being tongue in cheek?
My aunt was an economist in the former Soviet bloc who was funded secretly by Soros for many years before the Berlin Wall came down. He is a remarkable fellow.
I think he has no respect for today's Republicans.
Quite stunning given his staunch anti-communist views.
I think he has no respect for today's Republicans.
Quite stunning given his staunch anti-communist views.
OP
OP
financeguy
ONE love, blood, life
So it's true that Soros funds a lot of campaigns behind the scenes?
I can't speak for what he does now since I have no personal knowledge, but behind the scenes back in the 70s and 80s he pumped tons of money into academics and intellectuals living behind the Iron Curtain.
*This was a pretty poorly kept secret too.
*This was a pretty poorly kept secret too.
OP
OP
financeguy
ONE love, blood, life
This can't be right, I have it on good authority he is an American hating communist.
Vincent Vega
Rock n' Roll Doggie ALL ACCESS
purpleoscar
Rock n' Roll Doggie ALL ACCESS
Soros is an a$$hole and he doesn't know anything about Reaganism or leverage. He even pays people to protest. When people get rich they fear envy of others so they go out of their way to push for "social conscious" politics to move the envy somewhere else. He even thinks success of the Jews increases hatred of the them by others. That even proves he's just trying to avoid envy.
Tell me how does regulation from the Community Reinvestment Act (with pushing from ACORN) have to do with conservatives or the idea that more regulation is good? It depends on the kind of regulation not just more of it.
What does Keynesian economics have to do with conservatives in particular when it is practiced by every western democracy? Reagan was a monatarist and had to compete with a democrat majority in Congress. John Keynes is more influential in his death than Ronald Reagan ever was. True conservatives believe in balanced budgets.
Are people so stupid that they don't even know the role of the President vs. Congress? They just blame everything on presidents as a scapegoat. There is a thing called a business cycle and the government has very little to do with it other than they can distort it with interest rates and taxes. If democrats win and don't eliminate the Community Reinvestment Act then they aren't really trying to solve the problem. The only real solution for individuals is to not go into huge debt and save as much as they can in safe investments over the long run. This is what creates jobs and financial independence. The government can't do anything about that other than create tax incentives for savings accounts. We have to do the effort. The big guys in government and business are not going to do it for us.
Tell me how does regulation from the Community Reinvestment Act (with pushing from ACORN) have to do with conservatives or the idea that more regulation is good? It depends on the kind of regulation not just more of it.
What does Keynesian economics have to do with conservatives in particular when it is practiced by every western democracy? Reagan was a monatarist and had to compete with a democrat majority in Congress. John Keynes is more influential in his death than Ronald Reagan ever was. True conservatives believe in balanced budgets.
Are people so stupid that they don't even know the role of the President vs. Congress? They just blame everything on presidents as a scapegoat. There is a thing called a business cycle and the government has very little to do with it other than they can distort it with interest rates and taxes. If democrats win and don't eliminate the Community Reinvestment Act then they aren't really trying to solve the problem. The only real solution for individuals is to not go into huge debt and save as much as they can in safe investments over the long run. This is what creates jobs and financial independence. The government can't do anything about that other than create tax incentives for savings accounts. We have to do the effort. The big guys in government and business are not going to do it for us.
BVS
Blue Crack Supplier
Your psycho-analytical babble is quite hilarious...
The rest of the post is all over the place and full of misinformation...
OP
OP
financeguy
ONE love, blood, life
This little vignette, in particular, is dodgy economics:
PurpleOscar said:
An individual saver investing in safe investments - though it is sensible for the individual saver - doesn't, by and large, create jobs. In fact, it is businesses investing in capital, and where necessary, borrowing to make those investments, that creates jobs.
BVS
Blue Crack Supplier
Yeah I've noticed that oscar has used this exact line of logic in other threads. I think he often confuses concepts of personal economics and global economics and blurs the lines between micro and macroeconomics...
purpleoscar
Rock n' Roll Doggie ALL ACCESS
In order to be funny there has to be some truth.
BVS
Blue Crack Supplier
No.
When you label every social movement or action as have to being based on guilt you are just plain wrong...
purpleoscar
Rock n' Roll Doggie ALL ACCESS
Of course you don't agree. I'm just saying MY point of view is that envy, and guilt is a huge part of the left's political playbook. I think that anybody who denies that will deny anything.
BVS
Blue Crack Supplier
See you state it's only your point of view(which it is), but then try and make it fact when you say "anybody who denies that will deny anything".
If I came out and stated "greed and bigotry are a huge part of the right's political playbook, and anyone who denies that is a liar", I wouldn't be taken very seriously. And honestly, I wouldn't want to be taken seriously if I thought that way...
I think you should really lay off the psychology and the economics for you are no where near an expert of either field.
purpleoscar
Rock n' Roll Doggie ALL ACCESS
Greed and bigotry is not a tactic. The right uses fear of government taking over and 1984 as their playbook. I just happen to agree more strongly to the right and their playbook because I don't think it's too far off the mark.
You mentioning that I'm not an expert could easily apply to most people on this board and there would be no conversation at all. It's nice to note that you think only experts should be listened to. There are many psychological experiments showing that people will listen to experts even if they are way off the mark. At what point should we think for ourselves?
BTW what expertise do you have?
BVS
Blue Crack Supplier
Ok oscar you really missed my point. First of all, are jealousy and guilt tactics? Playing to people's desire of greed and their bigotries can be a tactic, but let's move on. You do realize I just took your statement and changed a few words, right?
And no, I don't expect anyone to be experts, but have at least some knowledge of the subjects they are speaking about... When I said "you are no where near..." I was just trying to make the point that you try and come off as one, and you aren't even close to sounding like someone who at least has a little knowledge of the subject. You make false statements and you are constantly pretending like you know the inside motivations of people, i.e. "guilt" or "envy".
Why don't you try and just discuss your opinions, and try and make your points without trying to tell people why they think the way they think.
BoMac
Self-righteous bullshitter
Diemen, I think that BVS should be reprimanded. Use your new moderating powers to teach him a lesson. I mean, there's no place for logic on the Internets!
Shame on you, BVS.
BVS
Blue Crack Supplier
purpleoscar
Rock n' Roll Doggie ALL ACCESS
The psychological aspects are an important part of what I talk about because they can't be ignored. I'll get some articles that back up what I'm saying and start threads because people on this board seem to want to read from "experts" and make yea or nea opinions in that format.
But I do believe that emotions have a large effect on people's opinions.
BVS
Blue Crack Supplier
That's all fine and dandy, just don't pretend to know what's going on in my heart or anyone else's for that matter, and definately don't pretend to know the emotional motivations of a whole group which you've done time after time...
OP
OP
financeguy
ONE love, blood, life
diamond
ONE love, blood, life
purpleoscar
Rock n' Roll Doggie ALL ACCESS
Yeah but the Democrats are trying to put that as purely a Conservative attitude to push their equally wrong agenda of over regulation and distributionism. I saw this on CBC with Waxman.
Certainly the low interest rates of the past decade and a half is more a symptom of Keynesian points of view than Monetarism. They should have raised interest rates a long time ago to prevent people from getting into too much debt. Instead they made credit very easy which is a Keynesian point of view.
The funny thing is that the Fannie Mae and Freddie Mae fans are looking to benefit in their election despite their roles to play which had a greater effect. If companies are forced to add more bad debt on their portfolios then they will be forced to find a way to bundle them and sell them to unsuspecting investors. In the end Keynesians will still be hired for the job regulation or no.
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