ericclaptonismygod31 (July 29, 2008 at 11:37 pm)

nooriginalthoughts is an apt name for you. what is the solution of the communists leaving their comments on this page? capitalism CANNOT FAIL because it is the representation of our human nature. People naturally want to trade and improve themselves without the interference from government. by the way, the crisis is now moving to europe and asia. diversifying into swiss franks would be a horrible idea at this point. get some education asshole!

nooriginalthoughts (July 29, 2008 at 6:56 pm)

What's the point? Your country is fucked. This is deja vu all over again. WWIII is literally any time now. Your country is BANKRUPT. And when the Baby Boomers retire, it will finish it off. Just as Britain started WWI when they were bankrupt but still had designs on ruling the world, so too is the USA now. If you have sold your shit and have cash, convert it to Swiss Francs and get the fuck out of America (would be my advice). Or, stay and live in a hole in the desert, but why bother...

nooriginalthoughts (July 29, 2008 at 6:45 pm)

You are wrong. Capitalism WILL fail, as predicted by Marx. However, what will follow will not be socialism for the benefit of society. What will follow will be a brutal dictatorship (like "IngSoc" in 1984), facilitated by the technology that has been leading up to this point. FUCK your "computer and latte" comment. The Holocaust could only happen because of the CUNTS at IBM and their Punch Card machines being sold to Hitler. Look up on Amazon "IBM AND THE HOLOCAUST". Capitalism is slavery.

rocky038 (July 24, 2008 at 9:49 pm)

thats right my children sell those fancy cars and big houses i just sold mine and built a massive bunker filled with all living necessory food and water somewhere in the middle of desert anyone care to join me

DaveDoggOwns (July 24, 2008 at 2:13 am)

Alot of these Economists assumed that the FED would do it's job to help the depression but instead the FED destroyed money. That's why so many of them thought it wasn't going to last long.

Starry2000 (July 16, 2008 at 3:47 pm)

1) Guaranteeing the debt of major banks is socialistic and impossible anyway. 3) Social Security is not what got us into the mess in the first place, not even a drop in the bucket. Sorry.We got into this mess with much thanks to deregulation, inflation, and other issues like oil.

Starry2000 (July 16, 2008 at 3:40 pm)

"Something like the top 1% pays almost 50% of the social costs"I don't think that is accurate, but let us go with that for a moment- the other 99% pays for over 50%. The money held by the middle-class is far more important to the economy in that it is far more likely to move and be liquid, and is far more likely to be spent at home. Not to mention that the money spent on taxes means more to middle-class than to the rich.

ericclaptonismygod31 (July 16, 2008 at 5:52 am)

You reduce the budget deficit by cutting spending. By the way, the "rich" pay the vast majority of the taxes in the USA. Something like the top 1% pays almost 50% of the social costs. Exxon pays 49% income tax as do many of the big corportations. Who are you to decide what other people "need" and "do not need." Hitler, Stalin, and Mao thought they could presume to know the needs of others as well. I do agree that bailouts are bullshit. GOLD STANDARD and real capitalism is the answer. Ron Paul!

ericclaptonismygod31 (July 16, 2008 at 5:47 am)

Okay Shutupforjustice. USA can pursue Keynesian reflation with what money? Already running a deficit and Americans have a huge debt. I guess you would print up some fresh bills like the Germans in 1923-1924. Have a look at them burning money to keep warm because the worthless D Mark paper was worth more than wood. Capitalism never worked? Try Ronald Reagan, or I guess you were on the side of the Soviets at that time. Maybe you were not born yet? Thank capitalism for your computer and latte!

speakupforjustice (July 16, 2008 at 5:43 am)

I agree with 2), 4) & 5) but I don't see how privatizing social security would have a good impact on the people. The only people against social security are the top 5% of Americans who are so rich they don't need it. The majority of Americans not only want it, but they are willing to pay taxes for it. Since democracy is majority rule, I don't see how this is a problem. As for freezing taxes, how could we then reduce the budget deficit?