"We are all Socialists Now"

[Kenrik]

Discuss...

[Cold_Zero]

So how does a government bail out (or two) constitute that I am a now a Socialist?

But yet, I heard about this on Bill Bennett's morning show.

[480sx]

Link to the article?

[audtatious]

Google gave me this: http://www.newsweek.com/id/183663

Just trying to save you time by looking for it yourself

[480sx]

Motivation to research this topic was lacking.

Hey, if OP wants a discussion he can at least spoon feed us a little bit. Ty aud.

[480sx]

A lot of that is just an editorial, opinionated stuff. Some garbage in that article, and im surprised its the cover story for a Newsweek publishment. Shows a desperate for dollar paper media IMO.

It does make some good observations and parallels about our countries current direction.

"It must borrow and spend to fix a crisis created by too much borrowing and spending."

This line scares me. Doesnt exactly seem like a great way to dig us out.

The whole socialist agenda needs to be put on hold. We do not have the resources in this current day and time to be worrying about universal health care, ect. Its a disturbing trend that kind of blind sided the American public, this whole idea of wall street/bank bailouts and socialism in general.

Socialism for the rich maybe, not so much for everyone else. Reminds me of our red counterparts of yesteryear.. At least the bush bailout did. The BO bailout seems to be something different, although i havnt done much research on it.

[audtatious]

Motivation to research this topic was lacking.

Hey, if OP wants a discussion he can at least spoon feed us a little bit. Ty aud.

See what I did? I was being helpful and making a joke at the same time. All that effort on my part and STILL not getting involved in the thread.

You do make a good point, links to context is always appreciated.

[audtatious]

A lot of that is just an editorial, opinionated stuff. Some garbage in that article, and im surprised its the cover story for a Newsweek publishment. Shows a desperate for dollar paper media IMO.

It does make some good observations and parallels about our countries current direction.

"It must borrow and spend to fix a crisis created by too much borrowing and spending."

This line scares me. Doesnt exactly seem like a great way to dig us out.

The whole socialist agenda needs to be put on hold. We do not have the resources in this current day and time to be worrying about universal health care, ect. Its a disturbing trend that kind of blind sided the American public, this whole idea of wall street/bank bailouts and socialism in general.

NOW, I will get involved. I agree with you 100%. He stated before the election that any increases in taxation should be put on hold as it would hurt an already hurting economy. He knows, but is still looking at pursuing similar agenda when things are even worse. Not a good move, IMO.

Socialism for the rich maybe, not so much for everyone else. Reminds me of our red counterparts of yesteryear.. At least the bush bailout did. The BO bailout seems to be something different, although i havnt done much research on it.

You know, I hated that Bush pressed for _something_ to be pushed through via the 1st stimulus. Pelosi and gang sure came out with a pork product with that one. I just wonder whether he did it as a way to take blame off McCain in the case that he won the election. Who knows, bad plan for all involved and unfortunately the ones who built that one also built the current plan.

[Cold_Zero]

In light of the current Newsweek, I sense a "What kind of Socialist are you" tests coming in all the Fashion magazines..

[marlin29311]

In light of the current Newsweek, I sense a "What kind of Socialist are you" tests coming in all the Fashion magazines..

To the socialist thing, the whole "only the government can save the economy" comment didn't sound to capitalistic to me last night...

[Cold_Zero]

Sorry broham, as soon as I heard, "all gin'ed up to spend 800 billion" I flipped to the Rangers/Devils game in disgust. Gin'ed up? In a press Presidential conference?

But seriously, a few notes about the Newsweek Article.Props to Newsweek for mentioning Rep. Mike Pence, I wish he represented me in my Congressional District. I have a do nothing Representative that has taken his Grand Mother's do nothing post in Congress.

The U.S. government has already—under a conservative Republican administration—effectively nationalized the banking and mortgage industries. That seems a stronger sign of socialism than $50 million for art. Whether we want to admit it or not—and many, especially Congressman Pence and Hannity, do not—the America of 2009 is moving toward a modern European state.

This is interesting because it was Mike Pence and the conservatives in Congress that actually opposed TARP I /first Economic Stimulus Package. Just because TARP I was headed up by a Republican (GW) doesn’t mean that it was necessarily ‘conservative.’ Maybe they should have said, ‘under a Compassionate Conservative Republican Administration.’ Now we can debate all day long if or if not GW was/is a conservative and what not. But because guys like Michael Savage has been railing on the supposed conservatism of GW for the past 6 years, I am going to say that it is pretty much established that GW was not a conservative.

Other than a shocking title, the article is not that bad.Bud

[infinitiandbeyond]

Hey Cold,

You must be referring to the "Carsons"? I live just to your north and feel for you.

I agree 100% re: Pence! A class act looking out for his folks.

[AXracer25]

i just wanna point out that japan tried bailouts all through the 90s, the decade lovingly referred to as "The Lost Decade"

why?

because bailouts don't work

[Cold_Zero]

Hey Cold,

You must be referring to the "Carsons"? I live just to your north and feel for you.

I agree 100% re: Pence! A class act looking out for his folks.

Yes sir, I use to think that Burton would be better than Julia.. but apparentlyl he has proved to be do nothing as well!

i just wanna point out that japan tried bailouts all through the 90s, the decade lovingly referred to as "The Lost Decade"

why?

because bailouts don't work

You can add to the list Sweden to the bailout list around the same time in the 1990's.

[AXracer25]

You can add to the list Sweden to the bailout list around the same time in the 1990's.

haha there are many examples that bailouts dont workbut tax cuts seem to workespecially tax cuts on JDM car parts

[AXracer25]

oh but we could help ofset the cost by raising taxes on airplane wings with trunk mount adaptors