Extended jobless benefits start ending

[Matty]

my take is that nothing comes for free in the long term and that the chickens will come home to roost in the form of currency devaluation/inflation. most americans with their head screwed on should realise this by now. same over here in the uk, this debt and spending binge to delay the pain is just compounding the problems and guaranteeing a worser outcome.

and m dogg sounds more and more like a pure liberal apologist/socialist

[M Dogg™]

That's me... ^

[virtuoso]

Matty, it's the literal looting of the economy which is bringing the chickens home to roost, it is the deliberate implosion of credit, exercised through the popping of the housing bubble which is doing so, not the scape goats which people like to point the finger at i.e. some single mother with kids getting a council flat. The proportion actually spent on social spending is very small fry, over 2 trillion was "unaccounted for" in the pentagons budget alone prior to September 11.

And yes M Dogg, it seems we do actually agree, by the way that's not to say that I don't recognise the dangers in welfare, the people have to be offered the best opportunities for jobs, but when the financial elite caused this crash (which is still only in it's infancy) then they took away those opportunities and created the dependency. However it would be equally immoral to then take it away from them on the basis of we can't afford it, I mean shit, no one knows what the future holds, but even if they took away all social spending, it would barely register on a seismometer compared to the deficit.

Remember, msnbc has stated banks have access to some 24 plus trillion, this is an unprecedented power grab and so while robbing the population blind, getting some scraps back is hardly tipping the scales.

[Matty]

it's a viscious circle, but social liabilities add up over time, they add up to astronomical amounts. criminality is at the very heart of the problem, but handouts to people are not productive either. this doesn't mean they are not 'neccesary', but the structural inbalances that remain unaddressed will become more and more obvious the longer the game continues - physical reality.

[you gon always be my latin queen bitch]

damn real talk infinite

He may be a dick, but there has to be someone on this forum that thinks what he did was good. I mean we have a lot of Ron Paul people.

I didn't have time to read the article, but as a Libertarian I definitely don't support the government being given the power to steal from people who do work to pay people who don't work.  

See, MDogg seems to believe that Barack Obama and them just reach into their pocket and give because they are so generous, and that the money that the government gives is out of generosity and for the common good of everyone.  And if the government would only just give more, more in health care, more security, give more jobs, and just give and give and give, the world would be a better place.

The problem is, the money doesn't come out of the politicians pockets and it doesn't come from the sky, it is THEFT, it is STEALING and we all pay for it one way or another.

[TraceOneInfinite]

Because Clinton was elected as the Soviet wall was falling and there was the thought that we might actually not need as much military. Now Obama is elected in the middle of two wars, trying to pull out of one without looking like a pussy.

Ohhh yeah.. those two wars.  You mean the 1984 style (The Book) perpetual war for perpetual peace?  Those wars on terrorism?  How long have we been fighting those now, MDogg?  The Afghan war for almost 10 years now?  Damn, it's almost going to be longer than Vietnam.  And what's the other one, ohhh yeah, Iraq for 7 years now?   And what has Obama done?  He expanded the war in Afghanistan!

When are you guys going to start backing a real politician like Ron Paul?  Ron Paul would of removed the troops on his first day in office, not only from Afghanistan and Iraq, but from 100 other countries around the world where US troops are stationed.

[you gon always be my latin queen bitch]

infinite they wanted change they got it....nuthin and thats what they voted for
even the black people are mad at obama the same black person they were screamin for, please help us were bein treated like slaves, that was before he got elected...lol
and now well they hate him....lol

[Matty]

peter schiff spoke about this issue today, starts at around 2:00:

<a href="http://www.youtube.com/watch/v/2FWPvQr9pRw" target="_blank" class="new_win">http://www.youtube.com/watch/v/2FWPvQr9pRw</a>

[Mr. O]

He may be a dick, but there has to be someone on this forum that thinks what he did was good. I mean we have a lot of Ron Paul people.

I didn't have time to read the article, but as a Libertarian I definitely don't support the government being given the power to steal from people who do work to pay people who don't work.  

See, MDogg seems to believe that Barack Obama and them just reach into their pocket and give because they are so generous, and that the money that the government gives is out of generosity and for the common good of everyone.  And if the government would only just give more, more in health care, more security, give more jobs, and just give and give and give, the world would be a better place.

The problem is, the money doesn't come out of the politicians pockets and it doesn't come from the sky, it is THEFT, it is STEALING and we all pay for it one way or another.

you know there's no give give give. as matter of fact...fuck it..people are being sodimized by high premium pay. they're playing monopoly.  I'm with the progressive.

[virtuoso]

Matty, it adds up because of the debt based economy, it is the money system which prompts governments to get into more debt to finance the exist debt, more debt, equals more new money. That is the reason why things spiral out of control and it's by design.