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Republican Economic Ideology: Ruining Economies since One Million Years B.C.

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Old 09-30-2008, 06:56 AM
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Default Republican Economic Ideology: Ruining Economies since One Million Years B.C.

The Fundamental US-Republican party's core economic belief is in unrestricted, un-regulated, and little accountability. They believe that people do not take advantage of one-another. That all wealthy people are philanthropic; that money flows naturally from the wealthy to the poor.
That... Is as ridiculous as a flaming rhino's *** with every aspect of its core belief:
  • 100% unregulated trade does what? It gives incentive to those who take advantage of others
  • Not everyone will *play nice*
  • The wealthy invest their money in sure things, not in causes for the poor
Let's run through history and show how their beliefs destroy economies!

1,000,000 B.C. The Collapse of Society, Part I
Raquel Welch

was bent over in a real furkini ------- Tumak from the Rock Tribe. Tumak saves mankind from all sorts of hideous creatures. The wealthy Shell tribe takes Tumak, who promptly helps them by slaying the evil dinosaur. Afterwards Tumak's brother Sakana (the unregulated republican) tries to kill their father to take over the tribe. He takes over the tribe and his views lead them to a poor economy and war. Democrats survive.

Many obvious things here... Democrats get laid. People cheat yet republicans do nothing about it. Themselves preferring to take advantage of people. Raquel Welch is a mega hottie.

The Ancient Greeks were a regulated free-market economy. OOOOO What democrats ---- for breakfast! For instance, weights used in bartering were routinely checked by the government to discourage cheating-ism AKA What Republicans Thrive in!. This led them to have one of the most powerful pre-industrialism economies in the world. Democrat = pownz

Panic of 1819:
Unregulated and irresponsible (Republican ideals) lending institutions give out expanded credit to those who can't support it. While frauding banknotes. As the global economy slowed down debits were called in. The debts couldn't be paid.
<Insert worst depression in US history-caused by what republicans believe in here>
Panic of 1837:
The banking industry is again giving bad credit with foreign interests. The foreign interest supply is cut; causing a large banking crash across the US. Presidents Andrew Jackson and Martin Van Buren do nothing to regulate the industry that caused the problem in the first place. Hurray non-existent Republican economic policies!!!
Panic of 1857:
Amid growing inflation, Ohio Life Insurance and Trust goes under due to gross embezzling. What eradicates embezzling Regulating industry and holding people accountable for their transgressions.
Panic of 1893:
A devalued silver supply and unregulated corporate greed of acquiring company after company en-mass, without the worth to do it. Causes major railroad and related industry failures.
Setting up the great fall. The Recession of 1918-1921:
Hyperinflation and falling wages vote the Republican economic scourge into office.
The Great Depression:
Debt increased to unpayable levels as wide------ credit is issued that cannot be paid. Price deflation and cutbacks cause the unregulated economy to burst.
The Rich-Stay-Richer Party errrrr I Mean the Republicans... Do nothing to release the Federal Reserve to curtail the bank failures.
Rich Republican Interests continue the Depression by paying farmers to leave food in the fields.
1973 oil crisis:
Personal greed of the ultra-rich raise OPEC prices. Who caters to the rich? Republicans. Who believes in no regulations? Republicans.
The 1980's Reganomics FTL:
  • Middle class taxes increased, no deductions
  • Payroll taxes increased
  • Fewer taxes for the rich
  • World’s largest creditor to world’s largest debtor, 3 trillion (from 700 billion)
  • Budget deficits
  • Helped Savings & Loans fall

How about the fact that core Republican beliefs support all of the major modern financial ------- failures:
Savings & Loan scandal:
  • Cause by Republican Beliefs!!!!
  • Deregulation!
  • Unaccountability!
  • Predatory Loaning!
Accounting Scandals:
What stops accounting scandals Accountability and Regulations. Whose core beliefs are vehement against such things? REPUBLICANS!
  • Nugan Hand Bank
  • ZZZZ Best
  • MiniScribe
  • Polly Peck
  • Bank of Credit and Commerce International
  • Phar-Mor
  • Q. T. Wiles
  • Bio Clinic
  • Sunrise Medical
  • Cendant
  • Microstrategy
  • Xerox
  • Unify Corporation
  • One.Tel
  • Enron
  • AOL
  • Adelphia
  • Bristol-Myers Squibb
  • CMS Energy
  • Computer Associates
  • Duke Energy
  • Dynegy
  • El Paso Corporation
  • Enron
  • Freddie Mac
  • Global Crossing
  • Halliburton
  • Harken Energy
  • Homestore.com
  • ImClone Systems
  • Kmart
  • Liberate Technologies
  • Lucent Technologies
  • Merck & Co.
  • vMerrill Lynch
  • Mirant
  • Nicor Energy, LLC
  • Peregrine Systems
  • Qwest Communications
  • Reliant Energy
  • Sunbeam
  • Tyco International
  • Waste Management, Inc.
  • WorldCom
  • Royal Ahold
  • Parmalat
  • Calisto Tanzi
  • HealthSouth Corporation
  • Chiquita Brands International
  • AIG
  • CF Foods


Subprime mortgage crisis:
The stalwart money maker of the entire mortgage industry is unregulated, predatory, fraudulent lending and crony capitalism.
Gee... More problems Republicans do not believe in fixing!



Regardless of political beliefs.
Regardless of having foresight to fix anything before.

The snake like Republican economic belief system leaves economies rotting corpses. It serves only the vicious greedy. All-the-while deceiving their common supporters.














Sure... Republicans are all over the regulation bandwagon TODAY. Simply because they have no choice. What happens two years from now huh Their beliefs ARE NOT IN LINE in what they currently claim to support.

So what happens when the deregulate again Same bullshit Republican economic failure.
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Old 09-30-2008, 07:03 AM
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Default Re: Republican Economic Ideology: Ruining Economies since One Million Years B.C.

ok
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Old 09-30-2008, 07:54 AM
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Default Re: Republican Economic Ideology: Ruining Economies since One Million Years B.C.

shut up about this ---- already. beliefs don't do a goddamned thing.
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Old 09-30-2008, 08:02 AM
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Default Re: Republican Economic Ideology: Ruining Economies since One Million Years B.C.

so when your party's sole stated economic goal is for an unregulated economy. yet you deny it... that's just adding one more thing to the list of subjects republicans lie about.
economy
war
party goals & intentions
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Old 09-30-2008, 01:06 PM
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Default Re: Republican Economic Ideology: Ruining Economies since One Million Years B.C.

I like turtles
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Old 09-30-2008, 01:53 PM
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Default Re: Republican Economic Ideology: Ruining Economies since One Million Years B.C.

Steagall Glass was signed out of law by Bill Clinton, ---- tard.

No one has a party affiliation on this website but night monkey. The rest of us tend to be individualists.
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Old 09-30-2008, 02:08 PM
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Default Re: Republican Economic Ideology: Ruining Economies since One Million Years B.C.

you are a idiot. govt got us into this problem. GET A ------- CLUE YOU LOSER.

freddie mae and fannie mac ARE GOVERNMENT BACKED AND FUNDED COMPANIES.

the govt has failed you again. and it will always fail you.

F the govt and F anyone who wants the govt to do anything for them.
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Old 09-30-2008, 02:09 PM
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Default Re: Republican Economic Ideology: Ruining Economies since One Million Years B.C.

Frank played a lead role in the successful effort to include an affordable housing program in the Fannie Mae and Freddie Mac legislation adopted by the House Financial Services Committee

"When the bill was being drafted last week, the two key Republicans, Ohioans Michael G. Oxley and Robert W. Ney, the chairmen, respectively, of the full committee and its housing subcommittee, decided that to lock in Democratic support, they would include a proviso from the committee,s top Democrat, Rep. Barney Frank of Massachusetts, to earmark 5 percent of Fannie and Freddie,s annual profits for preservation, rehabilitation and construction of low-income housing."
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Old 09-30-2008, 02:10 PM
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Excerpts from Congressman Frank,s remarks in a June 12, 2005 appearance on ABC,s "This Week" hosted by George Stephanop

"…and it,s another problem we have in America, where we look about things only for middle and upper-income people. One of the big problems we have in housing now is that it,s too expensive for low-income people…And, frankly, a moderation in housing prices, a leveling off, even a slight drop, for instance, in the Boston area, which I represent, would be a socially good thing."

"We,re subsidizing home ownership. And, by the way, I think home ownership is a good thing, but that,s another problem of public policy, and it,s particularly a problem with this administration.
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Old 09-30-2008, 02:10 PM
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Default Re: Republican Economic Ideology: Ruining Economies since One Million Years B.C.

Wall Street Journal Editorial Credits Frank on Fannie Mae/Freddie Mac Bill

Even the hyper-conservative Wall Street Journal editorial page grudgingly termed Frank a "crafty liberal" in a June 14, 2005 diatribe against the proposal to include an affordable housing fund in the pending Government Sponsored Enterprises (GSE) bill that would make changes in the operation of Fannie Mae and Freddie Mac. Frank is a leading proponent of the fund.
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