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pinko

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Everything posted by pinko

  1. The main difference now is that Canada is a nation with reasonable prospects ahead whereas the USA is a nation in decline run by a group of plutocrats. Your empire is in the process of collapse.
  2. Whatever Mulroney's conduct may amount to he didn't relinquish his citizenship as did the convicted criminal Lord Black.
  3. Unlike the bumbling dysfunctional ideological quagmire in the USA Canada seems to be doing quite well according to the article linked below. http://www.winnipegfreepress.com/canada/canadas-credit-still-top-notch-126391483.html Here is an excerpt from the article. As the debt spectacle continues in Washington, Moody's Investor Service renewed Canada's AAA credit rating on Thursday. While all eyes are on the United States as it tries to hammer out a deal to raise its borrowing limit by Aug. 2, avoid a debt default and a possible debt downgrade, Canada sailed through its annual credit checkup with flying colours. Moody's said the country's high resiliency, government financial strength and low susceptibility to risk were key to the top marks. Here's a breakdown of the reasons why Moody's says Canada deserves the highest possible credit rating. -- Economic strength: very high
  4. He seems to have a vivid imagination.
  5. http://ac360.blogs.cnn.com/2011/07/27/crime-punishment-none-of-this-is-new-reporters-says-of-flds-sect/?hpt=ac_mid
  6. I am just curious how you know this. Perhaps you could provide a link.
  7. Speaking of religon and brainwashing is anyone following the Warren Jeff's trial in Texas?
  8. Well don't be shy just ask.
  9. You can choose to respond or not. Maybe the point of view offered in the article isn't to your liking.
  10. This phony debt crisis has now passed through the looking glass into the realm where madness reigns. What should have been an uneventful moment in which lawmakers make good on the nation's contractual obligations has instead been seized upon by Republican hypocrites as a moment to settle ideological scores that have nothing to do with the debt. Hypocrites, because their radical free market ideology, and the resulting total deregulation of the financial markets, is what caused the debt to spiral out of control this last decade. That and the wars George W. Bush launched but didn't have the integrity to responsibly finance. The consequence was a banking bubble and crash leading to a 50 percent run-up of the debt that has nothing to do with the "entitlements" that those same Republicans have always wanted to destroy. http://www.huffingtonpost.com/robert-scheer/debt-madness-was-always-a_b_910543.html?utm_source=DailyBrief&utm_campaign=072711&utm_medium=email&utm_content=BlogEntry&utm_term=Daily%20Brief
  11. "If we're going to try and help your youth....you and I got to do it together!" Talk is cheap. What are you doing about it?
  12. Whether the US defaults or not remains to be seen. As I recall in one of your previous posts you were relishing the thought of increased interest rates precipated by the reckless behaviour of the political class in your country.
  13. She has a better understanding of the conseqences of debt default than you display. Your partisan ignorance is duly noted.
  14. No. She wants the USA to act responsibly.
  15. The new head of the International Monetary Fund (IMF), Christine Lagarde, has warned the "clock is ticking" on a deal to tackle the US deficit and raise its debt ceiling. Unless politicians agree a package by 2 August the US may be unable to pay its bills, triggering an economic crisis. On Tuesday the dollar fell against the euro whilst US shares opened down. But Ms Lagarde warned against drastic cuts in spending, saying these could create a "jobless recovery". http://www.bbc.co.uk/news/business-14293950
  16. Doesn't this point to the dysfunction of American governance?
  17. Draconian cuts take money out of the system, depressing demand, job creation, and tax revenues -- which leads to more deficits and more calls for more cuts. It's an insanity spiral. And we're currently, and deliberately, riding it downwards. Interestingly, one of the most eloquent voices on the subject has been Larry Summers. "The biggest problem the country has right now is not the budget deficit," he said in an conversation with Walter Isaacson in Aspen. "The biggest problem the country has right now is the jobs deficit." And he brilliantly summed up the reality that is eluding the negotiating parties in Washington: "an extra percent a year on the growth rate for the next five years will do more for the budget than any amount of the entitlement-cutting that's under discussion." As Summers explained on Charlie Rose, every new dollar of GDP takes 25 to 30 cents out of the deficit in year one. And yet that simple economic truth does not appear to be included in the "everything" that Obama claims is "on the table." "It is crazy if you think about it," Summers told Isaacson, "that we have schools across this country where we tell our kids that education is the most important thing in the world, but we ask them to study in classrooms where the paint is chipping off the walls." http://www.huffingtonpost.com/arianna-huffington/the-debt-ceiling-impasse_b_909314.html?utm_source=DailyBrief&utm_campaign=072611&utm_medium=email&utm_content=FeatureTitle&utm_term=Daily%20Brief
  18. http://news.yahoo.com/wealth-gap-widens-between-whites-minorities-040224418.html
  19. Jarvis explained his thinking in a blog post Sunday afternoon (he didn’t use the asterisks): So I was angry. Watching TV news over dinner — turning my attention from scandals in the UK to those here and frankly welcoming the distraction from the tragedies in Norway — I listened to the latest from Washington about negotiations over the debt ceiling. It pissed me off. I’d had enough. After dinner, I tweeted: “Hey, Washington a**holes, it’s our country, our economy, our money. Stop f***ing with it.” It was the pinot talking (sounding more like a zinfandel). . . . And then it exploded as I never could have predicted. . . . The tweets that keep streaming in — hundreds an hour still — restore my faith not in government but in society, in us. Oh, yes, there are idiots, extremists, and angry conspiracy theorists and just plain jerks among them. But here, that noise was being drowned out by the voices of disappointed Americans — disappointed because they do indeed give a s***. Many of those tweets centered on the debt-limit negotiations: http://www.washingtonpost.com/blogs/2chambers/post/amid-stalemate-in-debt-limit-talks-americans-take-their-frustrations-to-twitter/2011/07/24/gIQAuumFXI_blog.html?wpisrc=nl_politics
  20. Of course it is an ideological battle and as you have noted the debt ceiling is more likely than not to be raised. The question is will these negotiations cause signifigant damage to the American economy and not whether someone like Bush-Cheney has the capacity to capitalize on these circumstances.
  21. Conrad Black is a convicted criminal and shouldn't be allowed to return to Canada. As I understand it he is a British citizen so that should be his detination.
  22. Those identifying as Tea Party members lack a proper understanding of the place government plays and in particular the use of debt in ensuring public services are provided. They have ham strung their nominal leader John Boehner in averting the financial crisis looming if the debt ceiling is not given the proper mandate. This next week will determine which model of government is preferred and how the market reacts in the event the Republicans are unwilling to move off the position of intransigence demonstrated to date. The fundamental question will be whether the Grover Norquist model is the one accepted.
  23. I care about the state of the American economy in relation to Canada. My premise is that the teabaggers are a bunch of extremist simpletons.
  24. As a Canadian why do you care what opinion may be held by some Americans at this point in time?
  25. http://www.foreignpolicy.com/articles/2011/07/19/worst_congress_ever
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