Text 14526, 101 rader
Skriven 2010-12-14 18:19:20 av BOB KLAHN (1:135/382)
  Kommentar till text 14502 av JEFF BINKLEY (1:226/600)
Ärende: OLD WHEEZES
===================
 ...

BK>> Welfare is a federal/state/county operation.

 Are you denying welfare is federal/state/county? If so, you know
 nothing about the subject.

BK>> And rich financial slackers do vastly more damage to this
BK>> country.

 Are you denying the financial collapse was caused by the major
 investment firms? Are you claiming workers at the local
 supermarket caused it?

 Your financial sector managed to run the value of derivatives up
 to some 5 or 6 times the value of the entire world's economy.
 It's collapse guaranteed worldwide economic hardship. All the
 welfare ever paid in this country doesn't even touch that.

 Your financial sector ran up the real estate bubble, not the
 democrats, not even the federal government, your financial
 sector. That is what triggered much of our economic disaster,
 which pushed up the welfare rolls.

 Yes, your financial sector speculators and get rich quick
 schemers, and I mean in your sector, not the ones on the radio,
 are the ones who did more damage to this country than welfare
 ever did.

 Where were you when this was happening? Were you warning that
 the market was overpriced? Did you warn about the stock market
 being over priced?

 Back in the late 90s I posted messages about the dot-com boom,
 warning that it was all thin air. The right wingers hooted about
 that. Then the dot-com bubble burst. Were you one of the owls
 hooting away?

 I warned back then that the stock market was overpriced. The
 right hooted at that. Some of the Owls said the market *can't*
 crash, they said the rules have changed. Guess what, the market
 did crash. Did you support me on my claim that it could crash,
 and the rules don't change? Or were you an Owl?

 I do recall discussing this with you in late 2007. You were
 talking about how wonderful the economy was, and I went deep
 into the real unemployment rate, the national debt, and the debt
 as percent of GDP. Funny, now your side is attacking Obama over
 those very things. You told me how wonderful the economy was in
 the very month when the country went into recession.

 Do I have to go back and search my archives on this? Do I have
 to pull up your comments on this? I was just going through some
 of my old files, and found I had written a program to pull out
 messages from individuals out of my archives. I can put your
 name into it, and whatever echos I am interested in, and pull
 out all your messages from you in the period of interest.

 Since you like to talk about me, but not too me, like a back
 yard gossip, I might just do that, post old messages from you
 where you are shown to be badly wrong on the topic you are
 talking about. Should I do that?

BK>> Since welfare is a republican benefit, there is much more of it
BK>> under republicans, you explain it.

 JB> He truly believes this nonsense.

 If you don't you speak from ignorance. Look at the stats.
 Welfare is a bit hard to track since it changes by inflation and
 size of the population. However, welfare is directly linked to
 poverty and poverty is listed by percent of population. Go look
 at it. It's not that hard to find, go to the census bureau and
 look at that Statistical Abstract of the US.

 Family poverty in 1959 ran 18.5%. By 1970 the democratic war on
 poverty had pushed it down to 10.1%. I do give credit to Nixon
 and Ford for consinuing many of those policies which kep the
 rate falling till it bottomed out at 9.1% under Carter. The Arab
 Oil Embargo did push it up a bit, but that was long over when it
 hit 12.3% in Reagan's term, and stayed over 10% until Clinton
 managed to bring it back down and even further to 8.7%. From
 there it's been all up again, hitting 10.2% under BushII, and by
 2007, the last year in the Stat Ab, still nearly 10%, at the
 best under Bush's so called recovery.

 I don't have more recent numbers, but you can be sure poverty is
 up in the Bush Recession II.

 Yes, welfare is a republican tool. Keep some people poor to pull
 down the wages of others.

 JB> Socialism can work until you run out of everyone elses
 JB> money .....


BOB KLAHN bob.klahn@sev.org   http://home.toltbbs.com/bobklahn

... Capitalism can work until you run out of other people's money.
--- Via Silver Xpress V4.5/P [Reg]
 * Origin: Doc's Place BBS Fido Since 1991 docsplace.tzo.com (1:123/140)