We're all socialist now!

iVillage Member
Registered: 11-03-2004
We're all socialist now!
13
Wed, 09-24-2008 - 12:38pm
Now that every taxpayer is being asked to bail out wall street, I guess we're all socialists now....


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iVillage Member
Registered: 03-26-2003
Wed, 09-24-2008 - 12:47pm
Welll, We've socialized the losses, the profits are still pretty much privatized.

 


 


I disagree with you, but I'm pretty sure

iVillage Member
Registered: 11-03-2004
Wed, 09-24-2008 - 1:20pm
Sadly, I believe that is true.


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iVillage Member
Registered: 07-23-2008
Wed, 09-24-2008 - 2:00pm

Ha Ha - joke's on you republicans!!! You thought that by electing a repub you could avoid the specter of socialism but here is *your* administration socializing wall street. I love it. I am not a supporter of socialism and neither are most democrats I know, but that doesn't stop the repubs from using that term as a scare tactic and now here they are - introducing the most socialist proposal of my lifetime! I guess here the take home message is that it's ok to socialize losses by the wealthy corporation CEOs but not their gains. Why? Because redistributing the wealth would be socialism, but redistributing the loss - that's - wait - it's socialism too!!! Yikes :-) ROTFLMAO about this whole debacle.

The funniest/saddest part is that most people who throw around the term socialism don't actually understand what it really means so they will not recognize what their party is proposing. It's like a joke that is completely over their heads. Although our country is really in dire straits right now, I can't help but find humor in this situation.





~Ashley~




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Lilypie 1st Birthday Ticker

iVillage Member
Registered: 12-10-2007
Wed, 09-24-2008 - 2:08pm

That really doesn't make much sense...


Maybe you could suggest a better idea, than, you know, the president has?

iVillage Member
Registered: 07-23-2008
Wed, 09-24-2008 - 2:24pm

Well I could tell you what SHOULD have been done to begin with - reigning in the deregulation that is the HALLMARK of the republican party. If the regulatory measures had been enforced the way they should have been it would have prevented much of this mess. The ironic part is that the repub. admin. ran on this big platform of deregulation and now they have to clean up their mess by socializing wall street. Is there a better solution now - I don't know. But c'mon you HAVE to see the humor here. They made this mess and are not invoking the "evil" socialist principles to clean it up. It would be hysterical if it weren't so doggone sad and pathetic. I can't wait until we vote another repub. into office to enact their foolish economic principles just to see the house of cards collapse around them.

People need to understand that the government has a very important role in our society and in our financial health as a country. The ignorant "the government needs to stay out of my business and keep their hands off my money" stance of the GOP is basically an invitation for the kind of disaster we have witnessed. The government is NOT inherently evil (nor is it inherently good) but it IS inherently necessary to have a society and economy that is stable and healthy. Sorry, that's just the truth of the matter. Go ahead and say I'm wrong and vote for McCain anyway. He'll want more deregulation (though he is totally changing his tune on that now!!!) and we'll just continue to have to make taxpayers clean up the moronic policy messes of another GOP white house.

I thought we would learn our lesson after 8 years of idiotic economic policy but here we are - 8 years later. If we elect McCain, I'll have to agree with Albert Einstein who once said "Only two things are infinite, the universe and human stupidity, and I'm not sure about the former."





~Ashley~




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~Ashley~

Lilypie 1st Birthday Ticker

iVillage Member
Registered: 12-10-2007
Wed, 09-24-2008 - 2:26pm

<< I can't wait until we vote another repub. into office to enact their foolish economic principles just to see the house of cards collapse around them. >>


I don't know about you, but that's the last thing I'd hope for. What a selfish statement. I don't wish to see anyone in office fail, especially with such a negative outcome where it will affect us all.


Honestly I could care less who started this mess - all I'm interested in is who's going to do the best at cleaning it up.


Pointing fingers is a waste of time.



iVillage Member
Registered: 07-23-2008
Wed, 09-24-2008 - 2:37pm

I apologize - I phrased that badly. What I *should* have said is:

If we vote another repub. into office to enact his/her foolish economic principles we will again see the house of cards collapse around them.

I in no way meant to imply that I would actually enjoy another GOP stint in the white house!!! The humor in seeing another bunch of monkeys trying to (bleep) a football would not be worth the economic damage that would ensue. Thank you for calling me out on that.

Just in case my prior message was not clear: If you do not want more failed economic policies - do not vote for the McCain/Palin ticket.





~Ashley~




pregnancy week by week







~Ashley~

Lilypie 1st Birthday Ticker

iVillage Member
Registered: 02-15-2008
Wed, 09-24-2008 - 3:34pm

Ha Ha - joke's on you republicans!!! You thought that by electing a repub you could avoid the specter of socialism but here is *your* administration socializing wall street. I love it. I am not a supporter of socialism and neither are most democrats I know, but that doesn't stop the repubs from using that term as a scare tactic and now here they are - introducing the most socialist proposal of my lifetime! I guess here the take home message is that it's ok to socialize losses by the wealthy corporation CEOs but not their gains. Why? Because redistributing the wealth would be socialism, but redistributing the loss - that's - wait - it's socialism too!!! Yikes :-) ROTFLMAO about this whole debacle.


It appears most people are sane enough to recognize that our financial problems didn't begin with one administration.

iVillage Member
Registered: 07-23-2008
Wed, 09-24-2008 - 3:45pm

I am certainly NOT laughing at or dancing to the Dramatic much? I was just pointing out the humorous irony of the situation. I too have lost a crap load of money in the last several months - I agree that that part is not funny. But if you don't laugh you'll cry and I'd rather laugh!

Also, when you cite an article from a website called "therightperspective.com", I am not inclined to regard it as anything other than an opinion piece, and until I find further support for the claims I will continue to regard it as such. I could go through line by line and try to find reputable sources for each of the claims, but I don't have time for that right now - maybe later. I could probably send it to my brother and he'd enjoy doing it for me - he's getting his PhD in Economics right now - which doesn't make ME an expert, but at least I know one quasi-expert who can help me sort through some of the economic issues. Anyway, if he'll help me and/or if I have the time to look up some of these "facts", I'll let you know what I find out.





~Ashley~




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~Ashley~

Lilypie 1st Birthday Ticker

iVillage Member
Registered: 01-31-2001
Wed, 09-24-2008 - 4:02pm

I don't know about all the claims in that article, but I do know that John McCain supported legislation in 2005 (I think, it might have been 2006) that was supported by Pres. Bush that would have given more regulation to Fannie Mae and Freddie Mac. That legislation was killed before it ever got to a vote by Democrats in congress. Obama's critisism of the "great deregulator" ignores his party's involvement in not allowing a vote on a bill that could have prevented at least part of the financial mess we find ourselves in today. Also, his recent speeches that claim that McCain is only recently endorsing greater regulation over these financial institutions is incorrect, McCain spoke in favor of increasing regulation in a speech in the Senate in 2006.

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