Friday News Roundup - Domestic
http://thedianerehmshow.org/shows/2012-04-20/friday-news-roundup-domestic
New polls indicate the presidential race is tightening – and that the economy tops voter concerns. Presumptive G.O.P nominee Mitt Romney visited a closed factory in the battleground state of Ohio to blame the president for the sluggish economy. President Obama is touting a modest improvement in employment over the past several months but scandals involving the Secret Service and the G.S.A are overshadowing his message. Republicans pushed a $46 billion tax cut through the House, ignoring a White House veto threat. The House also approved a short-term G.O.P bill to continue the flow of highway and transit aid to states. Ed Luce of the Financial Times, Laura Meckler of The Wall Street Journal, and Michael Scherer of TIME magazine join guest host Tom Gjelten for analysis of the week's top national news stories.
Guests
Edward Luce
Chief U.S. commentator, Financial Times; author of a new book, "Time to Start Thinking: America in the Age of Descent."
Laura Meckler
White House correspondent, The Wall Street Journal.
Michael Scherer
White House correspondent, Time magazine.
Comments
Please familiarize yourself with our Code of Conduct and Terms of Use before posting your comments.
How's this for an ancient free market before 1800!
The principles and practices of modern-day “free market economy”, “capital economy”, etc, were found in Ancient Egypt, without the need for a “flashy name”—as in our times. The whole society was aware of the inter-dependence of all groups within the society. An active exchange of goods and services took place between the different individuals and groups, either directly or via intermediate brokers and traders who were also able to expand activities between various communities. Moreover, the excellent and productive farming of the Egyptians both allowed and benefited the development of numerous cities. These centers attracted industries, such as textiles, ceramics, glass, metals, wood, and leather, the manufacturers of linen, dyers, tanners, carpenters, cabinet-makers, handicraft, leather-cutters, etc. These industrial centers were very active.
http://www.egypt-tehuti.org/articles/market-economy.html
libertarians r us wrote:
SneezeWhiz wrote:
"So you're saying Theodore Roosevelt, Republican President from 1901-1909, was a commie because he was a progressive."
"Yes, it is all a matter of degree."
---------------------------------------------
T.R., firearm enthusiast who said, "Let us speak courteously, deal fairly, and keep ourselves armed and ready.” was a commie? Wow! Ron Paul disciples are pulling out all the moonbat stops.
MarcusTullius wrote: "T.R., firearm enthusiast who said, "Let us speak courteously, deal fairly, and keep ourselves armed and ready.” was a commie? Wow! Ron Paul disciples are pulling out all the moonbat stops"
Again!
"Yes, it is all a matter of degree."
Go back to lifting bad jokes and get off my back, yes I got it already you hate Ron Paul.
libertarians r us wrote:
Again!
"Yes, it is all a matter of degree."
Go back to lifting bad jokes and get off my back, yes I got it already you hate Ron Paul."
------------------------------------
You actually quoted yourself? You invite ridicule when you make benighted comments.
I stand by my first comment, man your grasping!
According to Karl Marx, socialism is the road that leads to communism. Many countries have tried out the ideologies of socialism and communism and the similarities have been noticed. The main similarity between the two is that both the forms believe in the property lying in the hands of one central authority. This property here refers to the production of goods and services which will lead to the generation of profits and wealth.
Hey libertarians r us - how's it feel to be a member of a party that will never, ever go anywhere in US politics? Must be pretty lonely out there. Hang in there tho... when the Nazi's (GOP) take over, perhaps they'll throw you a bone.
I can tell you this TedPax, life is short and it's good to know I won't waste a minute of it lying to myself. Being a libertarian presents it's own reward, whether or not it becomes politically popular is another matter.
Thank you for your concern
TedPax wrote:
"... when the Nazi's (GOP) take over, "
--------------------------------------
The GOP are "Nazis?" Such irony must have been lost on Ike and Patton.
libertarians r us wrote:
" Being a libertarian presents it's own reward, whether or not it becomes politically popular is another matter."
----------------------------------
The Vampyres Witches Pagans Party folks say the same thing.
libertarians r us wrote:
"Most of us agree that the things you mention are proper Constitutional roles for the federal government just about everything else it does is not."
Absolutely right. Whenever the left extols the benefits of government it's ALWAYS with the items articulated in Article one Section 8 (roads, bridges and other infrastructure, etc.) - never things like HUD, HHS, SSA, or other social programs.
hybeerian wrote:
"For most of human history up til 19th century. Humankind has thrived and flourished under one form or another of FEUDALISM. Which was structured around relationships derived from holding of land in exchange for service or labour."
And that to you is a good thing?! Feudalism, communism, fascism, they are all essentially totalitarian forms of government. There are still places where you can enjoy that kind of life if you prefer it. The United States, for a brief period in the timeline of human history, enjoyed a truly free/personal responsibility/minimalist government structure and flourished. Unfortunately, that country no longer exists.
ecgberht wrote: "The United States, for a brief period in the timeline of human history, enjoyed a truly free/personal responsibility/minimalist government structure and flourished. Unfortunately, that country no longer exists."
If I was not tuned into liberal speak on a daily basis I might have been surprised by the comments on the golden age of Feudalism. What is always surprising to me is how far the left goes to trash modern capitalism. The modern left craves the idea of a "strongman" political system whether know it or not. Sadly many conservatives agree with that as well.
"meangreen wrote:
"Top of the Morning wrote:
The U.S. Congress has about 250 to 300 nazis and their leaders are Eric Cantor, Mitch McConnel and Allen West. Now watch the Right wingers go crazy over this comment. But did any of them castigate Allen West for saying there are about 80 Communists in Congress? Not a one"
If you know anything about Nazis, they were Socialists that took control of private business. I think you got it the other way around or talking from that position.
April 20, 2012 - 8:40 am"
That's the second time you Troglodytes have trotted out that blather.
The Industrialists, Bankers and Prescott Bush sat at the right hand of Mr Hitler and made fortunes with their use of Slave Labor and stolen commodities.
And hunted down and killed Jews and other Socialists. You people are pathetic with your lame and infantile clutching at every semantic straw in attempting to rewrite History.
Monte Haun mchaun@hotmail.com
"libertarians r us wrote:
Bret Wooten wrote: How much would you have without a stable and strong government, the legal system, safe roads a railway system, the power grid, air traffic control and communication networks. The ability to project our power to keep the sea lanes open throughout the world and the amazing work our diplomatic core. These are just a few things our government has done for all of us.
Obviously Elizabeth Warren, none of that would have been possible without private sector money. Government exists because of the free market, it is nothing more than a distributor of tax money taken from wealth creators. Most of us agree that the things you mention are proper Constitutional roles for the federal government just about everything else it does is not.
April 20, 2012 - 8:54 am"
You dumb SOBs!!! Then non-Free market societies are incapable of forming Governments??
Has it ever penetrated your thick skull, that before one can have Markets, one must have money and before one can have money, one must have Government??
Has it ever penetrated your thick skull, that before "Free Markets", the King / Government owned all??
Has it ever penetrated your thick skull, that before "Free Markets", there was no "Private Sector Money" and if the "Wealth Creators" wanted to do business, they had to first get a permit or concession from the King/Government??
Has it ever penetrated your thick skull, that our new Nation nearly collapsed until the GOVERNMENT devised ways to create Capital???
Monte Haun mchaun@hotmail.com
OK, let's see
"The Industrialists (false), Bankers (false) and Prescott Bush (patently false and absolutely disproven) sat at the right hand of Mr Hitler and made fortunes with their use of Slave Labor and stolen commodities."
"And hunted down and killed Jews and other Socialists. "
Also false.
"attempting to rewrite History."
That would be you, mchaun
Do you ever post anything supported by fact?
"Has it ever penetrated your thick skull"
Has it ever penetrated your thick skull that no one is saying that all Government is bad? The left are the absolute KINGS of hyperbole and anecdote.
Read slowly, mchaun, and try to grasp.
Small, necessary, government functions ... good. (see Article 1, Section 8).
Big, bloated government ... bad.
Got it?
We have big, bloated government.
mchaun wrote
"The Industrialists, Bankers and Prescott Bush sat at the right hand of Mr Hitler and made fortunes with their use of Slave Labor and stolen commodities.
And hunted down and killed Jews and other Socialists. You people are pathetic with your lame and infantile clutching at every semantic straw in attempting to rewrite History."
---------------------------------------------------------------------------------
Don't forget to add Joseph Kennedy.
mchaun wrote: "Has it ever penetrated your thick skull, that before one can have Markets, one must have money and before one can have money, one must have Government??"
In the beginning, people bartered. Barter is the exchange of a good or service for another good or service, a bag of rice for a bag of beans. However, what if you couldn't agree what something was worth in exchange or you didn't want what the other person had. To solve that problem humans developed what is called commodity money.
A commodity is a basic item used by almost everyone. In the past, salt, tea, tobacco, cattle and seeds were commodities and therefore were once used as money. However, using commodities as money had other problems. Carrying bags of salt and other commodities was hard, and commodities were difficult to store or were perishable.
Clearly there was "currency" long before government.
mchaun wrote:"Has it ever penetrated your thick skull, that before "Free Markets", the King / Government owned all?"
I think the first cave dweller that beat off the competition for the cave was the first property owner. Then the kings/government came and either stole it with superior force or taxed it.
mchaun wrote: "You dumb SOBs!!! Then non-Free market societies are incapable of forming Governments??"
Overlooked this one.
If they don't have a government or ruler of some sort already, doesn't that make them free?
Brilliant! :-)
libertarians r us wrote:
If they don't have a government or ruler of some sort already, doesn't that make them free?
That makes them savages, leading short, nasty and brutish lives.
You know, most objectivists are adolescents, and they outgrow that stage, but a few people stay in an immature state of denial for their entire lives.
SneezeWhiz wrote: "That makes them savages, leading short, nasty and brutish lives"
No, that makes them a stable civilized collective of persons who have reached a point where they realize the benefits of having a set of basic principles for all to follow in order to achieve a higher level of prosperity.
SneezeWhiz wrote: "You know, most objectivists are adolescents, and they outgrow that stage, but a few people stay in an immature state of denial for their entire lives."
Well there it is, I will let others decide who this description fits.
mchaun wrote: "Has it ever penetrated your thick skull, that our new Nation nearly collapsed until the GOVERNMENT devised ways to create Capital???"
If you want to make this an argument about "The Great Depression", this could get very interesting!
Government creates "capital", right!
How do the GSA and SS crises not fall on Obama's doorstep? Why is no one holding him accountable?