|
Forum: General Talk
03-04-2011, 03:41 PM
|
| |
I think you might not realize that you are, to a large extent. It was Obama who said "we need to look forward not backward" and made sure that the Bush-era tortures could not be prosecuted despite torture being illegal and despite the US obligation under the international treaties to prosecute torture. That's not "within the law". Just one example, there are many more.
|
|
Forum: General Talk
02-11-2011, 08:03 AM
|
| |
I think people recognize that this has the potential to be a "once in a generation" transformational event. 20 years from now you're going to look back and trace a chain of events back to the Egyptian popular uprising. Maybe...
|
|
Forum: General Talk
02-02-2011, 07:44 AM
|
| |
Sorry, cannot have a meaningful dialogue with this kind of attitude. If you "know" things and I "lie", then no point in talking.
If you are unwilling to question some of your "knowledge" and read beyond the scope of your usual reading, again, no point in any discussion.
|
|
Forum: General Talk
01-03-2011, 03:44 PM
|
| |
Let me get on my hobby horse here:
-Even though it may sound outrageous, the correct understanding of our monetary system and the current economic situation suggests that the deficits are too small right now, since, by accounting identity, govt deficits = private surpluses, dollar-for-dollar, which means that the lack of aggregate demand which we find ourselves in is a manifestation of the private sector's desire to net-save. As long as the private sector keeps wanting to save more than the govt injects into the economy, the govt better keep doing what it's doing: continue injecting "money" in whatever form (cash, bonds...)
In economic terms it makes no sense to tax anybody in this climate, including the filthy rich. There could be other good reason to tax them, though - such as a means of reducing income inequality or trying to reduce their political power, but this is getting into social engineering and is not an economic debate.
|
