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Rich in Quebec

Rich in Quebec
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  • Obama's Loss Is the Economy's Gain [View article]
    70% - shucks - the U.S. would return to the times of that other great socialist, Dwight D. Eisenhower, and the calamatous repercussions his wasteful government spending, e.g.the Interstate Highways, had on the economy. Perhaps the traitorous Obama will next reiterate Eisenhower's warning about the military-industrial complex.
    Sep 7 08:28 AM | 31 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    gggl - Explosions, deaths, a runaway well, oil spreading for hundreds of miles. Apparently, just another example of ''how the media blames others for their own wrongdoing." I am constantly amazed at the ability of some to self-delude AND manage to be convincing to at least a few (presently 3 likes ).
    Dec 3 08:35 AM | 23 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    TakeFive - Let's humor Scooter and play around with his underfed cows and lack of production. Republicans want ''entry level jobs" to be placed on a restricted diet and expect better production. On the other end of the hierarchy, the Kobe beef treatment is considered normal for top executives with no protestations concerning waste.

    As for corporate experience as a prerequisite for leadership, Republicans from Lincoln to Eisenhower failed that test without obvious negative effects. However, Dick Cheney's corporate experience seemingly provided us with one memorable line that sums up the past 30 years of Republican fiscal thought, ''Reagan showed us that deficits don't matter". Throw in some macho man thinking on torture and you've got real leadership.
    Jul 31 07:49 AM | 21 Likes Like |Link to Comment
  • A Sobering Perspective on China's High Speed Rail [View article]
    Without the development of high speed trains in Europe and Japan, they would have greater sprawl, pollution and inadvertent subsidization of foreign oil. Americans may prefer their individual freedom, but they should be grateful for those countries who have decided to act collectively for slowing the rise in the cost of resources.

    Americans, by their relative refusal of collective efforts have augmented time in traffic jams to contemplate the benefits of individual freedom.
    Feb 20 07:19 PM | 20 Likes Like |Link to Comment
  • Manipulated Monday - New Year Starts With a Bang [View article]
    mcdammit - Gilded Age social policy didn't work. And even those of that era realized that kids of poor parents should be educated by the wealth extracted through taxes from the rich. Perhaps you and others like you, who are convinced that they've made it on their own, should be reintroduced to the concepts of Social Contract and Living Wage.

    By his progressive political leanings, Mr. Davis demonstrates his willingness to pay more through taxes, as long as the less generous are also compelled to do so.
    Jan 3 12:37 PM | 20 Likes Like |Link to Comment
  • Downgrade U.S. Treasuries to Junk [View article]
    You're right. The Emperor has no clothes, but no one will tell him, lest his economic subjects ( those who recognize the U.S.$ as the reserve currency) be stripped naked in the midst of an financial blizzard.
    Dec 20 01:20 PM | 20 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    gggl - By your standards, the Madoff victims were to blame for their losses by not doing sufficient due diligence. As for Madoff, I presume that he was only guilty of ''mispricing his risk'' involved in running his Ponzi scheme.
    Sep 18 08:39 AM | 19 Likes Like |Link to Comment
  • The Metastasizing State-Bankruptcy Meme [View article]
    As long as people are unwilling to tax themselves for their governmental services, present and past, such "painless" solutions as bankruptcy will be proposed.

    Rational, forward looking countries such as Norway tax themselves and even largely exclude using present petroleum profits now. It is to be invested outside of Norway (so as to not inflate the economy) and is to be used only when the oil runs out.

    Alaska, and Alberta, the most American of our provinces, subsidize present spending with temporary petroleum income and provide only a lip-service retention of funds for future use.

    Taxes are seen as so negative in American political parlance that bankruptcy seems to be a more palatable alternative. It isn't.
    Jan 21 01:39 PM | 17 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    gggl - Before Americans rush to an excess of chauvinism, consider Florida in 2000.
    Apr 7 08:00 AM | 16 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Wyostocks - Your comment re the Obama administration demonstrates how subjective human reasoning can be. This is even more evident when one considers the objective record of the previous administration.
    Feb 21 08:20 AM | 15 Likes Like |Link to Comment
  • Get Set For The Relief Rally [View article]
    bbrady - Obama has always caved in the past. Thus, by not caving now in the face of Tea Party extortion, you could argue that by finally standing up for sanity, Obama has caused this mess. I do think that most rational people will think that by passing laws, Congress has also provided for their funding, even if that includes debt. To fail to raise debt limits, the House forces the executive branch to choose between past debts and current expenses, thus getting through the threat of financial freefall what they couldn't get through legislatively.

    Most in Congress understand this. Majority Republicans were willing to try extortion since it had worked in the past. But many would now willingly vote to stop this nonsense even if they might be "primaried" and lose their jobs. John Boehner has yet to accept that the loss of his speakership (Tea Partiers could not accept a "traitor'' as their leader) may be the price he must pay to return to sanity.
    Oct 7 08:03 AM | 15 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    blueline - If some of the educated people on this board can so easily repudiate vaccination because of their personal ''evidence'' and supposed country of origin of the vaccine, is it any wonder that less fortunate and less educated people might consider polio vaccines some kind of nefarious Western plot?
    Jan 10 08:25 AM | 15 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    gggl - That will be the right wing message, and it will work with the Republican base. But, for those of us who live in other advanced countries who have long had better, less costly health care plans than the present free market American system, it's difficult not to be smug, as some fight against what is elsewhere viewed as obvious as free education for the young and pensions for the old.
    Oct 1 08:32 AM | 14 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    DeerCreekVols - I assume that he was referring to the "late" arrival of the U.S. in WWI and WWII. Eventually the U.S. abandoned George Washington's admonition about foreign entanglements to eventually going "all in" as world's policeman without respecting adequately the viewpoints of its partners. As for Blueline's comment on the Middle East, it was Churchill's generation which had much to do with today's mess. The remains of the Ottoman Empire were miscarved, and WWI era conflicting promises to the peoples of the region continue to confound us today.
    Jan 13 08:21 AM | 13 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    gggl - Deficits are the results of an imbalance of revenue and spending. The great debt hole derives from the false idea (labeled voodoo economics by GHW Bush) that tax cuts would lead to increased government revenue. GW Bush, while still under the effective control of Dick Cheney (he of the "Reagan showed us that deficits don't matter" quote) bought into the idea and cut taxes and started wars, thus causing deficits in good times. With the financial mess he left, it should surprise no one that there are still deficits now as we all slowly climb out of the hole.
    Jan 3 08:09 AM | 13 Likes Like |Link to Comment