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Topic History of: Millipede (Mk II) on his way out ?
Max. showing the last 5 posts - (Last post first)
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Solihull Exile |
Innocent Accused wrote:
Doris is just a rude troll,get a life,even better get a job in this coalition paradise u think is so gr8,then you'd be around less to ruin this once gr8 board.
She's too busy drinking milk stout and telling anyone desperate enough to drink in her local how she'd put the world right...after reading the sun of course  |
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Innocent Accused |
Doris is just a rude troll,get a life,even better get a job in this coalition paradise u think is so gr8,then you'd be around less to ruin this once gr8 board. |
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veritas |
the country may be broke but there is always enough to blow up another as in Lybia.  |
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Solihull Exile |
In The Know wrote:
DJones wrote:
In The Know wrote:
we simply do not have a choice - Labour left us with no money !
Unless we cut back now the truely deserving will find that the kitty is empty (I hear state pensions are often paid late already in Spain / Greece ... what about the day when they wont be paid at all?)
Of course there is a choice! Take a look at this article:
Free money creation to bail out financial speculators, but not Social Security or Mediacare
"Altogether, the post-2008 crash saw some $13 trillion in such obligations transferred onto the government’s balance sheet from high finance, euphemized as “the private sector” as if it were the core economy itself, rather than its calcifying shell. Instead of losing on their bad bets, bad loans, toxic mortgages and outright fraudulent claims, the financial institutions cleaned up, at public expense. They collected enough to create a new century’s power elite to lord it over “taxpayers” in industry, agriculture and commerce who will be charged to pay off this debt.
If there was a silver lining to all this, it has been to demonstrate that if the Treasury and Federal Reserve can create $13 trillion of public obligations - money - electronically on computer keyboards, there really is no Social Security problem at all, no Medicare shortfall, no inability of the American government to rebuild the nation’s infrastructure. The bailout of Wall Street showed how central banks can create money, as Modern Money Theory (MMT) explains. But rather than explaining how this phenomenon worked, the bailout was rammed through Congress under emergency conditions. Bankers threatened economic Armageddon if the government did not create the credit to save them from taking losses.
(...)
In the case of bailing out Wall Street - and thereby the wealthiest 1% of Americans - while saying there is no money for Social Security, Medicare or long-term public social spending and infrastructure investment, the beneficiaries are obvious. So are the losers. High finance means low wages, low employment, low industry and a shrinking economy under conditions where policy planning is centralized in hands of Wall Street and its political nominees rather than in more objective administrators."
Of course there is a choice! Take a look at this article:
Free money creation to bail out financial speculators, but not Social Security or Mediacare
"Altogether, the post-2008 crash saw some $13 trillion in such obligations transferred onto the government’s balance sheet from high finance, euphemized as “the private sector” as if it were the core economy itself, rather than its calcifying shell. Instead of losing on their bad bets, bad loans, toxic mortgages and outright fraudulent claims, the financial institutions cleaned up, at public expense. They collected enough to create a new century’s power elite to lord it over “taxpayers” in industry, agriculture and commerce who will be charged to pay off this debt.
If there was a silver lining to all this, it has been to demonstrate that if the Treasury and Federal Reserve can create $13 trillion of public obligations - money - electronically on computer keyboards, there really is no Social Security problem at all, no Medicare shortfall, no inability of the American government to rebuild the nation’s infrastructure. The bailout of Wall Street showed how central banks can create money, as Modern Money Theory (MMT) explains. But rather than explaining how this phenomenon worked, the bailout was rammed through Congress under emergency conditions. Bankers threatened economic Armageddon if the government did not create the credit to save them from taking losses.
(...)
In the case of bailing out Wall Street - and thereby the wealthiest 1% of Americans - while saying there is no money for Social Security, Medicare or long-term public social spending and infrastructure investment, the beneficiaries are obvious. So are the losers. High finance means low wages, low employment, low industry and a shrinking economy under conditions where policy planning is centralized in hands of Wall Street and its political nominees rather than in more objective administrators."
Should I take financial advice from someone who does not know how a message board works?
Nah !!!
You've never taken advice from anyone in ur entire life Doris,be a shame to start now  |
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In The Know |
DJones wrote:
In The Know wrote:
we simply do not have a choice - Labour left us with no money !
Unless we cut back now the truely deserving will find that the kitty is empty (I hear state pensions are often paid late already in Spain / Greece ... what about the day when they wont be paid at all?)
Of course there is a choice! Take a look at this article:
Free money creation to bail out financial speculators, but not Social Security or Mediacare
"Altogether, the post-2008 crash saw some $13 trillion in such obligations transferred onto the government’s balance sheet from high finance, euphemized as “the private sector” as if it were the core economy itself, rather than its calcifying shell. Instead of losing on their bad bets, bad loans, toxic mortgages and outright fraudulent claims, the financial institutions cleaned up, at public expense. They collected enough to create a new century’s power elite to lord it over “taxpayers” in industry, agriculture and commerce who will be charged to pay off this debt.
If there was a silver lining to all this, it has been to demonstrate that if the Treasury and Federal Reserve can create $13 trillion of public obligations - money - electronically on computer keyboards, there really is no Social Security problem at all, no Medicare shortfall, no inability of the American government to rebuild the nation’s infrastructure. The bailout of Wall Street showed how central banks can create money, as Modern Money Theory (MMT) explains. But rather than explaining how this phenomenon worked, the bailout was rammed through Congress under emergency conditions. Bankers threatened economic Armageddon if the government did not create the credit to save them from taking losses.
(...)
In the case of bailing out Wall Street - and thereby the wealthiest 1% of Americans - while saying there is no money for Social Security, Medicare or long-term public social spending and infrastructure investment, the beneficiaries are obvious. So are the losers. High finance means low wages, low employment, low industry and a shrinking economy under conditions where policy planning is centralized in hands of Wall Street and its political nominees rather than in more objective administrators."
Of course there is a choice! Take a look at this article:
Free money creation to bail out financial speculators, but not Social Security or Mediacare
"Altogether, the post-2008 crash saw some $13 trillion in such obligations transferred onto the government’s balance sheet from high finance, euphemized as “the private sector” as if it were the core economy itself, rather than its calcifying shell. Instead of losing on their bad bets, bad loans, toxic mortgages and outright fraudulent claims, the financial institutions cleaned up, at public expense. They collected enough to create a new century’s power elite to lord it over “taxpayers” in industry, agriculture and commerce who will be charged to pay off this debt.
If there was a silver lining to all this, it has been to demonstrate that if the Treasury and Federal Reserve can create $13 trillion of public obligations - money - electronically on computer keyboards, there really is no Social Security problem at all, no Medicare shortfall, no inability of the American government to rebuild the nation’s infrastructure. The bailout of Wall Street showed how central banks can create money, as Modern Money Theory (MMT) explains. But rather than explaining how this phenomenon worked, the bailout was rammed through Congress under emergency conditions. Bankers threatened economic Armageddon if the government did not create the credit to save them from taking losses.
(...)
In the case of bailing out Wall Street - and thereby the wealthiest 1% of Americans - while saying there is no money for Social Security, Medicare or long-term public social spending and infrastructure investment, the beneficiaries are obvious. So are the losers. High finance means low wages, low employment, low industry and a shrinking economy under conditions where policy planning is centralized in hands of Wall Street and its political nominees rather than in more objective administrators."
Should I take financial advice from someone who does not know how a message board works?
Nah !!! |
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