So France bounces Sarkozy and Greece bounces them all. A morality play for US au

[Freeper]

Stinky The Clown
 
So France bounces Sarkozy and Greece bounces them all. A morality play for US austerity proponents.

There are two basic philosophies.

Cut spending and shrink government (Right Wing) (The Wild West/Survival of the Richest/Ayn Rand philosophy).

Increase taxes and provide for all (Left Wing) (The socialistic philosophy).

The best path lies someplace between the two extremes. We need to move back to the left to get to the sweet spot.

Ever since Johnson left office this country has been drifting toward the Right. A little more to left at times, a little more to right at times, but always moving along a baseline path inexorably toward right wing conservatism.

In Europe, we have an opportunity to see how abject a failure is right wing austerity. They're spending less than nothing on social programs and their economies are in the crapper.

In this country we're watching Mitt Rmoney move to the right with every twitch from the tea bagger morons.

I think its time to tax everyone more, and to tax the wealthy until their eyes bleed. Take some of that right wing protected wealth back from the 'job creators" and, by government spending, create some actual jobs. By government spending in the form of tax incentives, reward those who actually *do* create jobs. Stop the tax breaks for those who clip coupons for a living (except for those who have retired modestly) and tax that inherited wealth as ordinary income. I think it is time that we make the term "tax hawk" more desirable than the totally misleading term "deficit hawk."

The issues can always be debated at the edges, but my essential point is that we need be raising taxes and increasing spending right now. Not later. Not cutting taxes and then cutting spending to pay for it. It is time we take punitive steps to those who hoard their wealth while they continue to amass it.

And maybe the citizens of France and Greece will show us the way.

http://www.democraticunderground.com/1002651614

Maybe after they collapse the DUmmies will realize that more government spending will not fix things.

girl gone mad
3. I don't think we should raise taxes significantly right now.

Our parasite class are extreme money hoarders, but the problem is that they are very efficient at collecting rents. If you tax them more, they will increase their rents. Our economy needs to be restructured before higher tax rates would be beneficial.

The other problem is that a large tax increase would lead to a stronger dollar and worsen our trade gap.

Fortunately, the federal government doesn't need to tax in order to spend.

So the people with the money, not living off of other people are the parasites?

 

Lord help us all if 0bama wins in November. For the first time in my life I actually fear that if an election goes the wrong way, there may not be anything to salvage by the time his term runs out. And as the country falls in flames the DUmp will rejoice until it hits them that all the handouts they wanted simply won't be there because no one will have any money to fund their free birth control pills anymore.

[franksolich]

Well, it's good to see the sparkling old dude's back; he's been absent for a bit.

[Aristotelian]

Stinky The Clown
 
In Europe, we have an opportunity to see how abject a failure is right wing austerity. They're spending less than nothing on social programs and their economies are in the crapper.

Less than nothing? Somebody needs to look at a copy of any European country's budget.

I agree that right-wing austerity is a failure, but it's a failure because there has not been real austerity - here in Britain we got governmental savings of £6.2bn (a decent start, but nowhere near enough), and then let the E.U. have an increase of £9.2bn (net).

[Freeper]

Less than nothing? Somebody needs to look at a copy of any European country's budget.

I agree that right-wing austerity is a failure, but it's a failure because there has not been real austerity - here in Britain we got governmental savings of £6.2bn (a decent start, but nowhere near enough), and then let the E.U. have an increase of £9.2bn (net).

The budget cuts here were nothing but a joke too.

[franksolich]

Now, are we supposed to take the insight of a guy who prances around wearing a tutu?

Are you kidding me?

Number one, the margin was razor-thin.

Number two, the issues in France (and Greece) are different from the issues in the United States.

Number three, the sentiment in all three countries is "anti-incumbent, throw the crooks out," and not ideology.

I can't recall how many times in my own life that the left has won somewhere in Europe, and it "signaled" a turn to the left for America, and then the right had won somewhere in Europe, and it "signaled" a turn to the right for America.  Wrong.

It's like comparing toenails with a roller-coaster.

[franksolich]

Oh, and by the way, the old Action Francaise crowd picked up more votes too.

Perhaps Sarkozy lost because he wasn't far right enough?

Never take insight of a guy who prances around the house in a tutu.

[MrsSmith]

Ever since Johnson left office this country has been drifting toward the Right. A little more to left at times, a little more to right at times, but always moving along a baseline path inexorably toward right wing conservatism.

Yep, that's why the budget has been balanced for decades now, the debt is nearly paid off, social spending is still at about 50% of defense spending, and the economy is thriving.   

[sybilll]

Just wait to see what this does to the stock markets, you bozos.  Asia markets have already tanked: http://hosted.ap.org/dynamic/stories/W/WORLD_MARKETS?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT

[Mike220]

Greece gets kicked out of the Eurozone and defaults.

France continues borrowing at an insane rate, loses another point on the ratings, and takes down the entire Eurozone.

This is an improvement, DUmmies?

[Revolution]

In Europe, we have an opportunity to see how abject a failure is right wing austerity. They're spending less than nothing on social programs and their economies are in the crapper.

Right wing/Conservative austerity has had absolutely NO place in California for as long as I can remember, and look how well THEY'RE doing....

[DumbAss Tanker]

Well, looks like it's time to hunt up all those old Deutschmarks I have kicking around the house from tours and TDYs there, and relegate the similar-sized handful of Euros to the 'Useless souvenir' pile...

 

[GOP Congress]

HEY DUMMIES, YOU GONNA TAX THE RICH NOW IN FRANCE? GUESS WHAT: THEY ARE LEAVING EN MASSE!!

Get ready for the exodus of French rich to London, Morocco, New York City, and Galt's Gulch, Colorado.

(If you haven't heard about the last city, read "Atlas Shrugged." Indeed, that is what the French rich are doing!!

http://www.dailysquib.co.uk/business/3321-wealthy-french-to-leave-sinking-ship-france.html

[franksolich]

Well, looks like it's time to hunt up all those old Deutschmarks I have kicking around the house from tours and TDYs there, and relegate the similar-sized handful of Euros to the 'Useless souvenir' pile...

 

Yeah, I've been assuming that's pretty much going to be the case.

No point in the Germans bolstering up the whole entire continent.

I remember how the primitives rejoiced when the euro surpassed the dollar in face value, although the primitives had no idea what this really signified; only that the primitives saw it as a humiliation to America, when in fact it was nothing like that.

Well, I wonder how long the euro's going to be more than the dollar now.

Perhaps six weeks?

And then in another year, maybe perhaps possibly 1,600,000,000 euros to the dollar?

We'll see.

[SSG Snuggle Bunny]

We'll see.

HYPOTHETICAL: The EU breaks up and the US elects Rmoney who, with a conciliatory congress and senate, doesn't enact a whirlwind of economic plans but just puts a lid on the chaotic swarm of regulations and taxes. The SCOTUS dumps ObamaCare making congress gunshy about similar sweeping measures.

What does the US look like in 2016?

EXIT QUESTION: If Europe is destined for a generation of economic turmoil is it in US interests to hedge against disruptions in Persian Gulf oil supplies? Let's face it: Gulf War 1 was to keep Europe out of the economic shitter because it would drag us down as well. Since Europe is going to be in the shitter regardless do we really give a shit anymore?  Save Israel and **** the rest.

[BlueStateSaint]

HYPOTHETICAL: The EU breaks up and the US elects Rmoney who, with a conciliatory congress and senate, doesn't enact a whirlwind of economic plans but just puts a lid on the chaotic swarm of regulations and taxes. The SCOTUS dumps ObamaCare making congress gunshy about similar sweeping measures.

What does the US look like in 2016?

EXIT QUESTION: If Europe is destined for a generation of economic turmoil is it in US interests to hedge against disruptions in Persian Gulf oil supplies? Let's face it: Gulf War 1 was to keep Europe out of the economic shitter because it would drag us down as well. Since Europe is going to be in the shitter regardless do we really give a shit anymore?  Save Israel and **** the rest.

I actually agree.  The sensible Europeans will realize that they need to ally themselves with the US.  There will be either a few governments that come around, or mass emigration across the Atlantic. 

[wasp69]

HYPOTHETICAL: The EU breaks up and the US elects Rmoney who, with a conciliatory congress and senate, doesn't enact a whirlwind of economic plans but just puts a lid on the chaotic swarm of regulations and taxes. The SCOTUS dumps ObamaCare making congress gunshy about similar sweeping measures.

What does the US look like in 2016?

EXIT QUESTION: If Europe is destined for a generation of economic turmoil is it in US interests to hedge against disruptions in Persian Gulf oil supplies? Let's face it: Gulf War 1 was to keep Europe out of the economic shitter because it would drag us down as well. Since Europe is going to be in the shitter regardless do we really give a shit anymore?  Save Israel and **** the rest.

 

I'll take it one step further:  We will be back fighting on European soil to liberate them from yet another self inflicted bout of tyranny.  Probably right about the time my three youngest are old enough to fight.

[Gina]

HEY DUMMIES, YOU GONNA TAX THE RICH NOW IN FRANCE? GUESS WHAT: THEY ARE LEAVING EN MASSE!!

Get ready for the exodus of French rich to London, Morocco, New York City, and Galt's Gulch, Colorado.

(If you haven't heard about the last city, read "Atlas Shrugged." Indeed, that is what the French rich are doing!!

http://www.dailysquib.co.uk/business/3321-wealthy-french-to-leave-sinking-ship-france.html

exactly!  I sure wouldn't live somewhere if I was rich and being taxed like that.  Just take my money somewhere else and maybe visit France for vacations and family.  Their mindset is troubling.

[Doubleplusungood]

I'll take it one step further:  We will be back fighting on European soil to liberate them from yet another self inflicted bout of tyranny.  Probably right about the time my three youngest are old enough to fight.

At this point **** em. No more USA coming to the rescue. Let them enjoy the caliphate that will replace the crumbling socialist system in the coming decades. We can defend ourselves from anyone who tries to invade us. We have enough natural resources to be completely isolationist if we choose such. I've had enough of global socialism.

[GOBUCKS]

I'm not sure how this eurotrash thing works.

Communist France ditched the franc and adopted the euro years ago.

Soon-to-be-communist Greece ditched the drachma and adopted the euro years ago.

Germany, now the only civilized country on the continent, ditched the mark and adopted the euro years ago, and is vastly more responsible and prosperous than their communist neighbors.

Now communist France and soon-to-be communist Greece are going to want to start printing trainloads of euros to give away in the Hugo Chavez tradition.

Seems like that may generate a conflict.

I wonder if the British communists are still raising hell about Britain saving the pound sterling.

[FlaGator]

While the libs are just happy to see the new French President raise taxes up to 75% on the richest people in France, what they seem to never understand is that the rich are mobile and in France they're preparing to move to England. All the socialists have managed to do is run off the very people they plan exploit to play for their free spending ways.

Wealthy French people are looking to London as a refuge from fresh taxes on high earners pledged by candidates in the country’s presidential elections.

The “soak the rich” rhetoric that has punctuated the presidential campaign has prompted a sharp rise in the numbers weighing a move across the Channel, according to London-based wealth managers, lawyers and property agents specialising in French clients.

http://www.ft.com/cms/s/0/278412e6-9538-11e1-8faf-00144feab49a.html#ixzz1uDPdbyEH

[Aristotelian]

I wonder if the British communists are still raising hell about Britain saving the pound sterling.

The complete and utter disaster on the continent means that most who supported are now quiet...which merely means they're going to hide until they think they've got a better chance of lumbering us with the Euro, they certainly haven't come to their senses.

[JohnnyReb]

Greek lady called in to the Vince Coakley radio show a few minutes ago. She was all excited about the voting in Europe....not in the way DUmmies would hope for. I had a hard time unstanding her enlish but she was expressing what a shit hole greece is now because for years politicians had promised the people "Vote for me and I will give you this or that" until they had broke the country. She was going on and on about how lucky we are to live in America....how we are headed down the same road as Europe and it's the wrong road....we are lucky, lucky, lucky to live in America she said.

If you're wondering, she married a military man is how she got here.

[AllosaursRus]

HYPOTHETICAL: The EU breaks up and the US elects Rmoney who, with a conciliatory congress and senate, doesn't enact a whirlwind of economic plans but just puts a lid on the chaotic swarm of regulations and taxes. The SCOTUS dumps ObamaCare making congress gunshy about similar sweeping measures.

What does the US look like in 2016?

EXIT QUESTION: If Europe is destined for a generation of economic turmoil is it in US interests to hedge against disruptions in Persian Gulf oil supplies? Let's face it: Gulf War 1 was to keep Europe out of the economic shitter because it would drag us down as well. Since Europe is going to be in the shitter regardless do we really give a shit anymore?  Save Israel and **** the rest.

If they shit can the EPA, the DOE, and the HHS, we would leave Europe in the damn dust! They have just voted to destroy their economy in France. When ya start just givin' shit away, and those who pay for it see a way out, they're goin' to take it! I think I heard they wanted to tax anyone makin' over about 2 mil US in France at 75%!

You watch the exodus of money leavin' France in the next few months! How the hell are all the leaches gonna get paid when that happens?

Greece, Spain, France, they're all headed sown the sewer and the population is willin' to help it right along! All the "takers" are more willin' to destroy their collective economies than they are willin' to give a little up in order to save their countries from economic collapse!

Real Patriots, ain't they?

(edited to add)

At this point **** em. No more USA coming to the rescue. Let them enjoy the caliphate that will replace the crumbling socialist system in the coming decades. We can defend ourselves from anyone who tries to invade us. We have enough natural resources to be completely isolationist if we choose such. I've had enough of global socialism.

Yep, how many times do we have to bail 'em out? Enough is enough! They have never paid us back for the last two times! Why in the hell should we bother with the expense? They never learn!

First time is your fault, second time is my fault, and there sure as hell not goin' to be a third!

[LC EFA]

Large parts of the EUrinal are about to find out what happens when you run out of other peoples money to fritter away. They're going to be in a world of hurt when their creditors cut off the flow of money.

Makes me wonder if the krauts are looking at some nice coastal real-estate as recompense for their investment. 

[zeitgeist]

Large parts of the EUrinal are about to find out what happens when you run out of other peoples money to fritter away. They're going to be in a world of hurt when their creditors cut off the flow of money.

Makes me wonder if the krauts are looking at some nice coastal real-estate as recompense for their investment. 

Maybe even the Sudatenland?     And a port in the Med?  How long before Spain takes a dump along with the rest of the PIGS?