Let the healing begin.

Discussion in 'Political Opinions & Beliefs' started by Lee Atwater, Nov 21, 2020.

  1. Borat

    Borat Banned

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    poverty ghettos aren't natural, they are self-inflicted. A youngster from a ghetto who is dedicated to success and works hard is 100% guaranteed to succeed beyond his wildest dreams, all doors are open to him today, the society is eager to help. he just has to really want it and work hard towards his goal.

    and if he doesn't, no one will do it for him, no one can and no one owes the lazy bum anything.
     
  2. redeemer216

    redeemer216 Well-Known Member

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    We are only at the beginning, if you think that was the worst chapter you are one of the brainwashed.
     
  3. a better world

    a better world Well-Known Member

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    "Self-inflicted"..."lazy bum"....you are not reckoning with the unaware evil of self-interested humans chasing their own freedom and prosperity, without comprehension of the experiences of those less able than themselves.

    Ever wondered why history post the discovery of fire technology is a record of continual warfare, in a world of apparently scarce resources?.....

    Jeremy Griffiths explains the human condition thus: the evolution of conscious self awareness allowed us to explore non-instinctive learning and discovery of knowledge, which sets up a psychosis within each individual as unconscious instinct (in the basal ganglia) conflicts with conscious thought (in the cerebral cortex).

    So history is explained by this universal inner psychosis.

    Meanwhile our amazing creativity has eliminated the world of scarcity and replaced it with a world of plenty, but orthodox classical and neoliberal economists still haven't realized it.

    Blaise Pascal:

    “What a Chimera is man! What a novelty, a monster, a chaos, a contradiction, a prodigy! Judge of all things, an imbecile worm; depository of truth, and sewer of error and doubt; the glory and refuse of the universe.”

    That explains the human condition then...let the healing begin...
     
    Last edited: Nov 24, 2020
  4. perotista

    perotista Well-Known Member Past Donor

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    The people have their say. What happens is with every new president he enters the office thinking he has a mandate and starts pushing his party's base agenda which in reality only makes up around a third of the electorate. This in turn angers those in the middle, not affiliate with either party and they vote against the new president and his party in the first midterm. Somehow those in the middle, the in-betweeners, the non-affiliated always thinks the new president will bring an American agenda when the new president always brings his party's agenda. That's the problem with a two party system which one party is to the far right and the other to the far left. What is needed is a viable third party to moderate the swings, lurches if you will left and right to bring government more in tuned with the average American the just the left and right political activist.

    As for Paris, I don't really care about it. I think we're stupid for letting China increase their carbon footprint all they want until 2030. But there's nothing I can do about that, I don't worry about things I can't control or do anything to help the situation. Doing so, brings on ulcers.
     
  5. Dayton3

    Dayton3 Well-Known Member

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    Dealing with climate change is a complete waste of time.
     
  6. garyd

    garyd Well-Known Member

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    But the subprime market was created by the government in the first place. Without it the derivatives aren't an issue.
     
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  7. Lee Atwater

    Lee Atwater Well-Known Member Past Donor

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    Believing in that fantasy goes a long ways towards explaining your attitude towards black Americans.
     
  8. Hoosier8

    Hoosier8 Well-Known Member Past Donor

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    Ah, so you think blacks are less able to succeed due to your view of blacks.
     
  9. Lee Atwater

    Lee Atwater Well-Known Member Past Donor

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    Thank goodness people, and government officials, all over the world are paying no attention to such fatalism.
     
  10. Dayton3

    Dayton3 Well-Known Member

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    Sure. They can spin their wheels all they want. As long as they don't spend taxpayer money on it.
     
  11. Borat

    Borat Banned

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    Like I said, if legal and even illegal immigrants who come without a penny and skills and who don't speak English manage through hard work and dedication to reach middle class status (or better) in just a few years, there is nothing that prevents ghetto dwellers from achieving success beyond their wildest dreams. The country is ready to help, all they need to do is work very very hard, day after day, year after year... just like the rest of the country does.
     
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  12. Lee Atwater

    Lee Atwater Well-Known Member Past Donor

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    WASHINGTON -- “Diplomacy is back” and America will be “a country of welcome.”

    These were just two of the policy shifts that members of President-elect Joe Biden’s national security team pledged to enact Tuesday at an event introducing Biden’s choices for top Cabinet posts.

    Biden said his nominees will “restore America globally, its global leadership and its moral leadership, and will ensure that our service members, diplomats and intelligence professionals can do their jobs free of politics.”
    https://www.cnbc.com/2020/11/24/bid...vision-that-differs-sharply-from-trumps-.html

    It's a return of professionalism, experience, and actually putting "America First," not the self-serving interests of the prez.
     
  13. Lee Atwater

    Lee Atwater Well-Known Member Past Donor

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    I understood what you wrote the first time. Why do you use the term "ghetto dwellers" when we both know to whom you are referring? It seems you have found a perfect, yet specious, rationalization for bigotry.
     
  14. Borat

    Borat Banned

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    It's bigotry and racism indeed to assume who ghetto dwellers are.
     
    Last edited: Nov 24, 2020
  15. a better world

    a better world Well-Known Member

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    The people? They apparently can't tell their right hand from the left.....which is why "the people" always roughly divide 50-50.

    Not a good basis for intelligent governance.

    Good analysis. The problem is the mythical mandate; as I already noted the mandate is invariably split down the middle in blind-leading the blind democracies. Plus the "average American" has no idea how money is created.

    Yet the polluted air in high density traffic areas in large cities will also harm your health, regardless of the climate change issue.

    So why not go for electricity generated by solar/wind backed by battery/pumped hydro storage which will be cheaper than fossil-fuel-generated power within the decade?
    You have investments in fossil fuel companies? No worries,the BIS can fund the transition and return your invested capital to you. Despite the evil neoliberal economists - supporting vested interests - who insist money is a real (scarce) resource, rather than merely a concept of governance...nothing more than a promise to deliver resources on demand.
     
    Last edited: Nov 24, 2020
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  16. perotista

    perotista Well-Known Member Past Donor

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    Is intelligent government an oxymoron? I don't think you can have that when both parties once in power only try to please their base and disregard everyone and everything else. That 50-50 is a bit high. Probably more like 45-45 with both major parties trying to convince the remaining 10% to vote for them. It's actually that 10% who holds the balance of power. They shift back and forth.

    I agree that there probably isn't such a thing as a mandate, certainly not in this election with Biden, Democrats winning the presidency and the GOP winning down ballot. That's was the result of the finicky 10%.

    I live in the country, I don't worry about cities.
     
  17. a better world

    a better world Well-Known Member

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    Wrong. Banking in the West is a private sector activity. Commercial banks create money when they write loans (create deposits) for (hopefully) credit worthy customers. The repeal of the Glass Steagel act had a lot to do with poor loans practices in the banks

    Did the repeal of the Glass-Steagall Act contribute to the 2008 financial crisis? (investopedia.com)

    (click on the above, it is a link)

    • Repealing the Glass-Steagall Act, which effectively let banks become even larger, could be considered a factor of the 2008 financial crisis.
    • However, it is only one of many factors that contributed to the meltdown in the housing market. Unscrupulous lending practices were a much larger contributor.

    Re Fannie Mae and Freddie Mac:

    As a secondary market participant, Fannie Mae does not originate mortgage loans. Instead, it keeps funds flowing to lenders by purchasing or guaranteeing mortgages issued by credit unions, banks*, thrifts and other financial institutions. It is one of two large purchasers of mortgages in the secondary market. The other is sibling Freddie Mac, or the Federal Home Loan Mortgage Corporation, which is also a GSE chartered by Congress

    * and boy, did Lehman find itself on the wrong side of those fancy derivatives.

    The Prime Culprit (causing Lehman's collapse):

    The company, along with many other financial firms, branched into mortgage-backed securities (MBS) and collateral debt obligations (CDOs). In 2003 and 2004, with the U.S. housing bubble well under way, Lehman acquired five mortgage lenders along with BNC Mortgage and Aurora Loan Services, which specialized in Alt-A loans.
     
    Last edited: Nov 24, 2020

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