>>> Greece isn't shovel ready either <<<
I must disagree Show. I think Greece is shovel ready. Ready to dig a hole, put Greece inside, then grab a shovel and cover them up with dirt.
But seriously, Greece can right now be a leader to the rest of the world and show everyone the way. The banks took big risks by investing in over-debted countires. Now the banks don't want to pay the price for their risky gamble. So since the banks are balking at even a 5% haircut, I say give them a 100% haircut.
Show the rest of the countries around the world how to reinstate freedom.
Why hasn't Obama fired the advisers, officials and "aids" that led him to believe that "shovel ready" projects existed, referencing his 2009 statements where he made himself look like an uninformed fool to the world?
Please don't deflate my bubble by telling me that Obama knew all along that such projects were non-existent.
I would love to fast forward 50 years, just to take a glance at what the (unbiased) history books have to say about the actions of Big "O" and his henchmen.
Keynesian economics ( /ˈkeɪnziən/ kayn-zee-ən; also called Keynesianism and Keynesian theory) is a macroeconomic theory based on the ideas of 20th century English economist John Maynard Keynes. Keynesian economics argues that private sector decisions sometimes lead to inefficient macroeconomic outcomes and therefore advocates active policy responses by the public sector, including monetary policy actions by the central bank and fiscal policy actions by the government to stabilize output over the business cycle. The theories forming the basis of Keynesian economics were first presented in The General Theory of Employment, Interest and Money, published in 1936; the interpretations of Keynes are contentious, and several schools of thought claim his legacy.
Up around where I live, you can see the divide. On one hand you have a far collectivist "think tank" argue that Keynesian economics are the cat's a.s.s. On the other you have a far individualist "think tank" argue that government ARE the inefficient ones.
Here is my take. I like getting "free" healthcare. It isn't perfect, but when dealing with life and death, sometimes I don't mind paying more than my fair share. To clarify, it costs about half than what those down south are paying and we tend to live a couple years more so..IDK..I don't mind welfare. Here in BC, if you are an able bodied person, after 2 years, if you can't find something, you are cut off. If you aren't, well enjoy your soup cause that is all you'll be eating on $610 a month in Vancouver.
What gets me is this constant idea that government must keep expanding and take over areas where private sectors used to rule. I have had contracts with gov before. What a cherry deal that was. It's like watching rats running towards the cheese. Someone gonna get hurt. Usually it is the one that didn't even know the cheese was there. In fact he paid for it.
Here in Canada, we have been slowly moving away from such systems. It has, to my surprise, turned into quite the capitalistic system. Beside "free" healthcare and public education, gov has stayed fairly out of our lives. Yet I read stories daily on how the American public are being told how they must accept gov into their lives. Huh? Sort of scary things going on people. Cats becoming friends with dogs and all that.
Well stated James.
As a "Kat" person myself, I have no problem with living amongst "dogs" (U.S. Gov't), unless they are viscous and bred for fighting (Federal Reserve). In that sense, we are all cats living in a dog pound, or should I use the word "shelter", since it is the pit-bulls that are protected!?!
I tend to keep bring up that I live in Canada. Why? Not because I have any real flag waving abilities. It comes down to this. In Canada. There is no way I can be searched, stripped, invaded by gov unless a judge says that is can be. Even then, I have many ways to protect those rights. Yet..So many of you seem to think you are in the same boat. Ha Ha. Your boat is sinking. I don't mean to laugh at those that already know, but to those that haven't paid an ounce of attention to it. HA HA.
That being said..There are a few thing we have going on like you guys do.. Being held without charge if classified a terrorist.
Ever wonder why "conspiratorial theorist" think the whole system is FUBARED? Cause it all is!! No not some of it, it ALL leads into the hands of collectivist that are jonesing to take away your freedoms. If you don't see it you are a jackass, a zombie, or just plain stupid and/or product of the public educational system.