Metalworking (rec.crafts.metalworking) Discuss various aspects of working with metal, such as machining, welding, metal joining, screwing, casting, hardening/tempering, blacksmithing/forging, spinning and hammer work, sheet metal work.

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Default Cheney: Bush passed buck on GM to Obama

Now read that carefully wingers.....Obama is cleaning up my
mothers dildos
TMT

Under what delegated authority is the Federal government permitted to
dictate the means of production for a private entity?
Because they can.

TMT
Sad for the fedgov to become involved in your sick behavior.


Sad that Republicans passed laws that allowed crooked
frat-boy CEO's to loot their companies into bankruptcy.
WS


The fedgov needs to get completely out of American biz. Both Dems and
Repubs have shown no understanding of how biz works, and consistently
pass hideously anti-biz legislation.

--
"Those who cannot remember the past are condemned to repeat it."
George Santayana, 1863 - 1952



Try taking Santayana's advice, why don't you? In the 1920s the "fedgov" kept
completely out of American biz. The result was the Great Depression. You
want to go back to the same scenario...which will only bring about the same
thing that happened in the depression. You need to remember the past because
what you are recommending will surely bring a repeat of it, and it wasn't
pretty.

Hawke


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Default Cheney: Bush passed buck on GM to Obama

Hawke wrote:

"Those who cannot remember the past are condemned to repeat it."
George Santayana, 1863 - 1952



Try taking Santayana's advice, why don't you? In the 1920s the "fedgov" kept
completely out of American biz. The result was the Great Depression. You
want to go back to the same scenario...which will only bring about the same
thing that happened in the depression. You need to remember the past because
what you are recommending will surely bring a repeat of it, and it wasn't
pretty.

Hawke


Unfortunately, those who DO remember the past are also condemned to
repeat it.

David
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Default Cheney: Bush passed buck on GM to Obama

On Jun 4, 6:07*pm, "Hawke" wrote:
Now read that carefully wingers.....Obama is cleaning up my
mothers dildos
TMT


Under what delegated authority is the Federal government permitted to
dictate the means of production for a private entity?
Because they can.


TMT
Sad for the fedgov to become involved in your sick behavior.


Sad that Republicans passed laws that allowed crooked
frat-boy CEO's to loot their companies into bankruptcy.
WS


The fedgov needs to get completely out of American biz. *Both Dems and
Repubs have shown no understanding of how biz works, and consistently
pass hideously anti-biz legislation.


--
"Those who cannot remember the past are condemned to repeat it."
George Santayana, 1863 - 1952


Try taking Santayana's advice, why don't you? In the 1920s the "fedgov" kept
completely out of American biz. The result was the Great Depression. You
want to go back to the same scenario...which will only bring about the same
thing that happened in the depression. You need to remember the past because
what you are recommending will surely bring a repeat of it, and it wasn't
pretty.

Hawke


And if the Government wasn't doing massive spending currently we would
be seeing The Great Bush Depression right now.

There is a place in business for the Government.

TMT
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Default Cheney: Bush passed buck on GM to Obama


"Too_Many_Tools" wrote in message
...
On Jun 4, 6:07 pm, "Hawke" wrote:
Now read that carefully wingers.....Obama is cleaning up my
mothers dildos
TMT


Under what delegated authority is the Federal government permitted

to
dictate the means of production for a private entity?
Because they can.


TMT
Sad for the fedgov to become involved in your sick behavior.


Sad that Republicans passed laws that allowed crooked
frat-boy CEO's to loot their companies into bankruptcy.
WS


The fedgov needs to get completely out of American biz. Both Dems and
Repubs have shown no understanding of how biz works, and consistently
pass hideously anti-biz legislation.


--
"Those who cannot remember the past are condemned to repeat it."
George Santayana, 1863 - 1952


Try taking Santayana's advice, why don't you? In the 1920s the "fedgov"

kept
completely out of American biz. The result was the Great Depression. You
want to go back to the same scenario...which will only bring about the

same
thing that happened in the depression. You need to remember the past

because
what you are recommending will surely bring a repeat of it, and it wasn't
pretty.

Hawke


And if the Government wasn't doing massive spending currently we would
be seeing The Great Bush Depression right now.

There is a place in business for the Government.

TMT


The problem with a lot of these guys is that they lack the brainpower to
understand things that are complex. They only understand simple. In this
case they don't understand that things have changed and that the old simple
ways of doing things in the past are not going to work in today's world. In
a global world with real economic competitors like we never had before, and
all of them with businesses in partnership with their governments, we have
to have a lot more governmental involvement in our economy too. There is no
global free market. Governments around the world are involved in all aspects
of business. To think we can sit back and let our businesses try to compete
while our government sits by idly is foolish. And nobody who has any brains
and education thinks we can stick with good old Adam Smith principles in the
modern world and come out on top. Only simple minded people still think we
can compete in the global economy without a lot of governmental involvement
in the economy. But apparently there are a lot of people who still think
that way.

Hawke


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Default Cheney: Bush passed buck on GM to Obama

On Thu, 4 Jun 2009 20:48:40 -0700 (PDT), Too_Many_Tools
wrote:

On Jun 4, 6:07*pm, "Hawke" wrote:
Now read that carefully wingers.....Obama is cleaning up my
mothers dildos
TMT


Under what delegated authority is the Federal government permitted to
dictate the means of production for a private entity?
Because they can.


TMT
Sad for the fedgov to become involved in your sick behavior.


Sad that Republicans passed laws that allowed crooked
frat-boy CEO's to loot their companies into bankruptcy.
WS


The fedgov needs to get completely out of American biz. *Both Dems and
Repubs have shown no understanding of how biz works, and consistently
pass hideously anti-biz legislation.


--
"Those who cannot remember the past are condemned to repeat it."
George Santayana, 1863 - 1952


Try taking Santayana's advice, why don't you? In the 1920s the "fedgov" kept
completely out of American biz. The result was the Great Depression. You
want to go back to the same scenario...which will only bring about the same
thing that happened in the depression. You need to remember the past because
what you are recommending will surely bring a repeat of it, and it wasn't
pretty.

Hawke


And if the Government wasn't doing massive spending currently we would
be seeing The Great Bush Depression right now.



There is a place in business for the Government.

TMT



I believe that was a theory that the Russians advanced. Strange...
they don't talk much about that theory any more.


Cheers,

John B.
(jbslocombatgmaildotcom)


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Default Cheney: Bush passed buck on GM to Obama

On Thu, 04 Jun 2009 16:07:16 -0700, Hawke wrote:

Try taking Santayana's advice, why don't you? In the 1920s the "fedgov" kept
completely out of American biz. The result was the Great Depression.


Actually the crash was just a crash - we'd have recovered in a few months,
but the socialistic policies of the fed. govt. turned it into the great
depression.

Thanks,
Rich

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Default Cheney: Bush passed buck on GM to Obama

On Thu, 04 Jun 2009 20:48:40 -0700, Too_Many_Tools wrote:

There is a place in business for the Government.


That's true, according to these guys:
http://www.anu.edu.au/polsci/marx/cl...manifesto.html

When I was in the "Vietnam Advisory Campaign", communism was our enemy.

Now, they've started electing them to public office.

Thanks,
Rich

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Default Cheney: Bush passed buck on GM to Obama


"Richard the Dreaded Libertarian" wrote in message
news
On Thu, 04 Jun 2009 16:07:16 -0700, Hawke wrote:

Try taking Santayana's advice, why don't you? In the 1920s the "fedgov"
kept
completely out of American biz. The result was the Great Depression.


Actually the crash was just a crash - we'd have recovered in a few months,
but the socialistic policies of the fed. govt. turned it into the great
depression.

Thanks,
Rich


And we caused WWII by blocking Japan's legitimate ambitions, the Tonkin Gulf
affair was a real attack on the US, nonbanking financial institutions can
self-regulate and are safely hedged. And the check is in the mail.

--
Ed Huntress


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Default Cheney: Bush passed buck on GM to Obama

On Fri, 05 Jun 2009 18:04:38 GMT, Richard the Dreaded Libertarian
wrote:

On Thu, 04 Jun 2009 16:07:16 -0700, Hawke wrote:

Try taking Santayana's advice, why don't you? In the 1920s the "fedgov" kept
completely out of American biz. The result was the Great Depression.


Actually the crash was just a crash - we'd have recovered in a few months,
but the socialistic policies of the fed. govt. turned it into the great
depression.

Thanks,
Rich

========
Partial credit...

The US had indeed started to recover from the stock market crash
in mid 1930 when the international economy imploded, again from
dodgy debt, mainly the WW1 debt and the German repatriations.
This took down not only the european economies, but also the US
financial system which was heavily involved in international
speculation and financing the German war repatriations so the
allies could get the money required to pay their US war debts.
This circular credit flow and perpetual motion financial machine
was unsustainable.
see
http://en.wikipedia.org/wiki/Dawes_Plan
and then the
http://en.wikipedia.org/wiki/Young_Plan

History seems to be repeating itself, albeit with a different set
of players in that another perpetual motion machine composed of
the circular flow of credit with a high gain feed back loop, this
time between the PRC and the US, is in the process of collapse,
shortly after a serious domestic [US] market crash. The EEC is
also in serious financial difficulties because of their
structural "anomalies."

"Prosperity is just around the corner"
- Herbert Hoover"


Unka' George [George McDuffee]
-------------------------------------------
He that will not apply new remedies,
must expect new evils:
for Time is the greatest innovator: and
if Time, of course, alter things to the worse,
and wisdom and counsel shall not alter them to the better,
what shall be the end?

Francis Bacon (1561-1626), English philosopher, essayist, statesman.
Essays, "Of Innovations" (1597-1625).
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Default Cheney: Bush passed buck on GM to Obama

On Fri, 05 Jun 2009 14:16:53 -0400, Ed Huntress wrote:
"Richard the Dreaded Libertarian" wrote in message
On Thu, 04 Jun 2009 16:07:16 -0700, Hawke wrote:

Try taking Santayana's advice, why don't you? In the 1920s the "fedgov"
kept
completely out of American biz. The result was the Great Depression.


Actually the crash was just a crash - we'd have recovered in a few months,
but the socialistic policies of the fed. govt. turned it into the great
depression.


And we caused WWII by blocking Japan's legitimate ambitions, the Tonkin Gulf
affair was a real attack on the US, nonbanking financial institutions can
self-regulate and are safely hedged. And the check is in the mail.


I'm from the government and I'm here to help you.
I promise I won't come in your mouth.
etc...

The Free Market is self-regulating. In fact, the Free Market is the most
brutal, merciless regulator there is - if people don't buy your crap,
you go broke.

Freedom MUST include Freedom to Fail.

Thanks,
Rich



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Default Cheney: Bush passed buck on GM to Obama

On Tue, 14 Jul 2009 19:20:37 GMT, Richard the Dreaded Libertarian
wrote:
snip
Try taking Santayana's advice, why don't you? In the 1920s the "fedgov"
kept
completely out of American biz. The result was the Great Depression.

snip
Check your facts. This is another myth. While the banks and
brokerages had minimal domestic regulation at this time, the
major portion of the depression as opposed to the stock market
break/collapse in 1929 was the direct result of "FedGov" playing
financial games to help the major banking houses recoup the loans
they had made to the Allies in WW1.

There were two distinct and separate phases to this disaster.

(1) The Stock market crash, which as you note was in the process
of correction, and mainly resulted in the loss of "paper
profits."

and

(2) The big one which was the collapse of the international
banking system began when the UK had to abandon the gold
standard, and as the Sterling was *THE* global reserve currency
at that time, crashed the other central banks. The global
economy at that time appears to have been a house of cards built
on German war reparations, and the huge internal/external debts
run up to fight WW1 by all combatants. See the Dawes and Young
plans for how this "debt" was first monetized and then used to
drive a "magic money machine" before it exploded taking down the
banks globally, much as the current Credit Default Swaps and
other derivatives just did.
http://en.wikipedia.org/wiki/Dawes_Plan
http://www.u-s-history.com/pages/h1371.html
http://en.wikipedia.org/wiki/Young_Plan

The FedGov was deeply involved in phase 2, as the U.S. banks and
brokerages were making enormous profits from their international
operations such as lending Germany money at high rates so she
could pay war reparations to the Allies, who in turn could then
repay their war loans to the same U.S. banks and brokerages. US
companies were also deeply involved in the governmental finance
of Latin/South America with the assistance of the FedGov. Almost
all of this money was lost when the global economy collapsed, but
by this time most of the bonds and other obligations had been
unloaded on the widows, orphans and other trusting small
investors. [sound familiar?]



Unka' George [George McDuffee]
-------------------------------------------
He that will not apply new remedies,
must expect new evils:
for Time is the greatest innovator: and
if Time, of course, alter things to the worse,
and wisdom and counsel shall not alter them to the better,
what shall be the end?

Francis Bacon (1561-1626), English philosopher, essayist, statesman.
Essays, "Of Innovations" (1597-1625).
  #12   Report Post  
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Posts: 2,152
Default Cheney: Bush passed buck on GM to Obama

On Tue, 14 Jul 2009 19:20:37 GMT, Richard the Dreaded Libertarian
wrote:
snip
Try taking Santayana's advice, why don't you? In the 1920s the "fedgov"
kept
completely out of American biz. The result was the Great Depression.

snip
Check your facts. This is another myth. While the banks and
brokerages had minimal domestic regulation at this time, the
major portion of the depression as opposed to the stock market
break/collapse in 1929 was the direct result of "FedGov" playing
financial games to help the major banking houses recoup the loans
they had made to the Allies in WW1.

There were two distinct and separate phases to this disaster.

(1) The Stock market crash, which as you note was in the process
of correction, and mainly resulted in the loss of "paper
profits."

and

(2) The big one which was the collapse of the international
banking system began when the UK had to abandon the gold
standard, and as the Sterling was *THE* global reserve currency
at that time, crashed the other central banks. The global
economy at that time appears to have been a house of cards built
on German war reparations, and the huge internal/external debts
run up to fight WW1 by all combatants. See the Dawes and Young
plans for how this "debt" was first monetized and then used to
drive a "magic money machine" before it exploded taking down the
banks globally, much as the current Credit Default Swaps and
other derivatives just did.
http://en.wikipedia.org/wiki/Dawes_Plan
http://www.u-s-history.com/pages/h1371.html
http://en.wikipedia.org/wiki/Young_Plan

The FedGov was deeply involved in phase 2, as the U.S. banks and
brokerages were making enormous profits from their international
operations such as lending Germany money at high rates so she
could pay war reparations to the Allies, who in turn could then
repay their war loans to the same U.S. banks and brokerages. US
companies were also deeply involved in the governmental finance
of Latin/South America with the assistance of the FedGov. Almost
all of this money was lost when the global economy collapsed, but
by this time most of the bonds and other obligations had been
unloaded on the widows, orphans and other trusting small
investors. [sound familiar?]



Unka' George [George McDuffee]
-------------------------------------------
He that will not apply new remedies,
must expect new evils:
for Time is the greatest innovator: and
if Time, of course, alter things to the worse,
and wisdom and counsel shall not alter them to the better,
what shall be the end?

Francis Bacon (1561-1626), English philosopher, essayist, statesman.
Essays, "Of Innovations" (1597-1625).
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