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Wealth Redistribution Under Obama


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#91 Delhommey

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Posted 29 November 2012 - 02:53 PM

Well it seems that's what you seem to believe about the EU, so you can call yourself whatever name you'd like.

#92 thefuzz

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Posted 29 November 2012 - 03:04 PM

Well it seems that's what you seem to believe about the EU, so you can call yourself whatever name you'd like.



Nope, I believe that the European countries that are in financial straits right now spent too much money..period.

It's not a this or that thing, it's just the facts.

They spent too much on parks, on education, on military spending, on bailouts, on everything.


Just like us, they need to cut back on everything.

#93 Delhommey

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Posted 29 November 2012 - 03:04 PM

Nope, I believe that the European countries that are in financial straits right now spent too much money..period.

It's not a this or that thing, it's just the facts.

They spent too much on parks, on education, on military spending, on bailouts, on everything.


So there's a debt crisis because the European countries spent too much money on stuff.

Thank you for that brilliant and insightful summation of such a complex issue.

Hey Europe. Adopt the Fuzz solution: Don't spend money on stuff.

#94 thefuzz

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Posted 29 November 2012 - 03:10 PM

So there's a debt crisis because the European countries spent too much money on stuff.

Thank you for that brilliant and insightful summation of such a complex issue.

Hey Europe. Adopt the Fuzz solution: Don't spend money on stuff.



You were inferring that the "free" education didn't cause the crisis over there. I am merely saying that no it alone did not. However that government program along with many many more, caused the issue.

We have a spending problem, Spain and Greece do as well. They have promised the moon, but can't deliver.

Time for tough love, in our country and theirs.

#95 Delhommey

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Posted 29 November 2012 - 03:23 PM

Do me a favor. Never talk to a European about this, please. Just keep this in house.

#96 pstall

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Posted 29 November 2012 - 03:29 PM

Del. Do you have any current business partnerships at all in europe or just listen to the economist pod casts?

#97 thefuzz

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Posted 29 November 2012 - 03:34 PM

Do me a favor. Never talk to a European about this, please. Just keep this in house.



Do I oversimplify things....yup.

Am I wrong...nope.

#98 natty

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Posted 29 November 2012 - 03:55 PM

Do I oversimplify things....yup.

Am I wrong...nope.


lol

o·ver·sim·pli·fy(Posted ImagePosted ImagevPosted Imager-sPosted ImagemPosted ImageplPosted Image-fPosted ImagePosted Image)
v. o·ver·sim·pli·fied, o·ver·sim·pli·fy·ing, o·ver·sim·pli·fies

v.tr.

To simplify to the point of causing misrepresentation, misconception, or error.


v.intr.

To cause distortion or error by extreme simplification of a subject.



#99 thefuzz

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Posted 29 November 2012 - 04:16 PM

lol

o·ver·sim·pli·fy(Posted ImagePosted ImagevPosted Imager-sPosted ImagemPosted ImageplPosted Image-fPosted ImagePosted Image)
v. o·ver·sim·pli·fied, o·ver·sim·pli·fy·ing, o·ver·sim·pli·fies
v.tr.

To simplify to the point of causing misrepresentation, misconception, or error.



v.intr.

To cause distortion or error by extreme simplification of a subject.



Hahahah.

I certainly don't mean to distort, just trying to convey an overly simple point.

#100 Kral

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Posted 29 November 2012 - 05:24 PM

So I guess actually being responsible for paying money back when you borrow it is "folksy".

Unlike your generation....which seems to believe that someone else is responsible for your debt.


Your grandparents probably said the same type of thing about you.

#101 Panthro

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Posted 29 November 2012 - 05:31 PM

No no the baby boomers set our country up for success. It's those of us at the kids table that are the problem.

#102 Delhommey

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Posted 29 November 2012 - 07:47 PM

Del. Do you have any current business partnerships at all in europe or just listen to the economist pod casts?


Our company sticks to North America.

I have close personal contacts in Europe from both me and my brothers living over there.

I have European investments.

Full enough disclosure?

#103 pstall

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Posted 29 November 2012 - 09:38 PM

Not bad. But no investments business wise.

I only ask because a best friend runs an english academy there. She says its the govt the people and the culture. And she is spanish.
Lots of Europe is not doing well due to govt spending and revenue issues and its harder to go thru austerty when the social saftey net has been a blanket instead of a net.
Main reason why we get so many immigrants of high caliber here.

#104 Delhommey

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Posted 29 November 2012 - 10:33 PM

Biggest problem in South Europe has been wage inflation due to the artificially inflated economies which is in turn due to artificially low interest rates.


#105 pstall

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Posted 29 November 2012 - 10:58 PM

I agree. They haven't mastered central banking yet. Printing money gives a false sense of security and prices/wages take a beating.


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