Screwed

Jccarlton · Post by **Jccarlton** » Sat Jun 11, 2011 5:45 pm

Is it any wonder that so many people my age feel so screwed by government? We have been screwed our entire lives by a political class more concerned with it's own power and privilege and not solving long term problems
http://www.marketwatch.com/story/many-o ... 2011-06-09
http://www.usatoday.com/news/washington ... titialskip

Skipjack · Post by **Skipjack** » Sat Jun 11, 2011 5:55 pm

I agree with you on that one. The recent space policy debacle with the absolutely desastrous pressing for the SLS by bipartisan movement of senators is a very good example for this. Government wasteful spending in action. This is clearly an example where private companies would do a better job. Ironically most of the democrats were for a commercialization and most of the Reps were against it. The teaparty is siding with the dems here and supports a commercialization, which is suprising for me and actually made me reconsider some of my earlier assessment about the TPs.
Anyway, the whole space policy mess was a prime example how corporate interests interfere with US politics. Rarely is that obvious.

Diogenes · Post by **Diogenes** » Thu Jun 23, 2011 8:19 pm

Twenty-Nine Reasons to Be Angry And/Or Scared

1. The Eurozone is imploding and likely will be unable to hold in its present constitution, if at all.

2. Fiat currencies are being debased rapidly in a "beggar thy neighbor" attempt to juice domestic economies. Competitive devaluations provide no advantage when other countries match the debauchery.

http://www.americanthinker.com/2011/06/ ... cared.html

Skipjack · Post by **Skipjack** » Thu Jun 23, 2011 9:34 pm

Oh, I am quite angry with the EU, have been for years. They are a bunch of fools sitting in the EU- parliament, if they dont play tennis in the time they should be sitting there.

Giorgio · Post by **Giorgio** » Fri Jun 24, 2011 11:59 am

Well, having seen the latest EU laws I do prefer if they go to play tennis instead of legislate.

JLawson · Post by **JLawson** » Fri Jun 24, 2011 12:12 pm

One of the problems with a standing legislature is that they feel a need to come up with justifications for their full-time employment.

And that usually comes at the expense of us all.

Skipjack · Post by **Skipjack** » Fri Jun 24, 2011 6:35 pm

Well, having seen the latest EU laws I do prefer if they go to play tennis instead of legislate.

Agreed!

Diogenes · Post by **Diogenes** » Fri Jun 24, 2011 7:12 pm

Skipjack wrote:
Well, having seen the latest EU laws I do prefer if they go to play tennis instead of legislate.
Agreed!

j

I think most governments would be improved if their legislators were mostly doing nothing.

KitemanSA · Post by **KitemanSA** » Fri Jun 24, 2011 7:17 pm

Legislators should have to pay $10,000 for every vote they cast, committees included! Ok, just grumpy today. Too much Chikva I guess.

choff · Post by **choff** » Sat Jun 25, 2011 3:28 am

What scares me is a report I read a few weeks back about some banks fund manager being feted for having made $40 Billion on the derivatives market. He was quoted as saying that a new financial meltdown could indeed happen again because the derivatives market is still unregulated and equal to 10 times the global GDP.

But what really bothered me was he said the other problem was that the number of banks that were to big to fail have increased. The implication being that if we do have another bubble pop, the banking industry will expect another taxpayer funded bailout!

hanelyp · Post by **hanelyp** » Sat Jun 25, 2011 11:00 pm

Legislators need to earn the bulk of their income living and working under the laws they impose on the rest of us.

We NEED to break the expectation of banks and others of taxpayer funded bailouts. Risk and reward need to be in the hands of those making decisions.