A Travel and vacations forum. TravelBanter

If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.

Go Back   Home » TravelBanter forum » Travel Regions » Europe
Site Map Home Authors List Search Today's Posts Mark Forums Read Web Partners

Government hand-outs that undermine the economy. Sovereign debt and politics’ inability to stop the bleeding.



 
 
Thread Tools Display Modes
  #1  
Old March 13th, 2010, 02:51 PM posted to alt.activism.death-penalty,uk.politics.misc,aus.politics,rec.travel.europe,soc.retirement
ODONOVAN, Himself
external usenet poster
 
Posts: 25
Default Government hand-outs that undermine the economy. Sovereign debt and politics’ inability to stop the bleeding.

Government hand-outs that undermine the economy. Sovereign debt and
politics’ inability to stop the bleeding.

03/13/2010

"Social policy likes to spend on the governors’ favorites. Reelection
is in this case more important than is the project into which the
money is funneled. Predictably, the temptation produces negative
outcomes. Here everybody will think of the allocation of money to
activities that make no sense – a practice, which guarantees that the
supposed beneficiaries remain dependent of support payments. The
reward-for-failure policy also creates deficits. That undermines the
currency’s value. It also results in barriers that limit efficient
producers whose contribution has to pay for the outlays. An additional
consequence deserves mentioning. In time, such squandering creates a
crisis and undermines society’s ability to cope with the economic
earthquake once bankruptcy cannot be hidden any more. We are now
witnessing several cases in which the ability of government to remedy
the ailment it had caused is impeded.

Greece, Germany and Iceland are all states with damaged public
finances. Other candidates are dancing on the edge of the precipice.
In all these cases, the course to avoid a hard landing is clearly
stated by economics as a science. Especially in the case of Greece,
the ability of the governors to act effectively is limited by the
threatened mass disobedience (as in “general strike”) of the
beneficiaries of over spending.

As a discipline striving to be objective, economics, as well as other
Euro-users warn Greece to cut expenditures and to collect taxes. The
latter is difficult where, according to the declarations filed, even
the rich are paupers. Raising taxes is no medicine as evasion has
become a natural right. More serious than the income gap is the
ailment of inflated expenditures. Now politics is to correct the chaos
caused by its fantasy-fueled finances. However, politicians, as of
candidates seeking a mandate, can hardly afford to do what is expected
of them. Welfare spending –in the extended meaning of the term- has
created numerous constituencies. The beneficiaries might even be a
majority, addicted to receiving more than it is giving.

The worse result of past sins is not the debt to be serviced. Really
damaging is the inability of majority-dependent governments to
implement corrections. Typical are the paralyzing strikes in Greece.
By now, Iceland’s rejection to debt repayment is in. Even if offered
favorable conditions, the voters are unwilling to pay a debt incurred
by a bank whose deposits the country guaranteed. (The consequences of
the vote are not subject to balloting. They could bring more hardship
than negotiated repayment would have.) In this, as well as in other
yet to emerge cases, peoples that used to “get” from government are,
not without logic, unwilling to pay for past sins. Not even when they
benefited from economic magic once promoted as a realistic strategy.
This makes out of the crisis that looms around sovereign debt an acute
problem. It impairs the credit worthiness of countries and qualifies
the doctrines of spending...."

  #2  
Old March 13th, 2010, 02:56 PM posted to alt.activism.death-penalty,uk.politics.misc,aus.politics,rec.travel.europe,soc.retirement
Green Lantern
external usenet poster
 
Posts: 3
Default Government hand-outs that undermine the economy. Sovereign debt and politics’ inability to stop the bleeding.


"ODONOVAN, Himself" wrote in message
...
Government hand-outs that undermine the economy.

Those Labour arseholes give handouts all the time.



  #3  
Old March 13th, 2010, 03:26 PM posted to alt.activism.death-penalty,uk.politics.misc,aus.politics,rec.travel.europe,soc.retirement
HD
external usenet poster
 
Posts: 3
Default Government hand-outs that undermine the economy. Sovereign debt and politics' inability to stop the bleeding.


"Green Lantern" wrote in message
news

"ODONOVAN, Himself" wrote in message
...
Government hand-outs that undermine the economy.

Those Labour arseholes give handouts all the time.



Not at all like the Liberals who only give handouts at election time to buy
votes.




  #4  
Old March 13th, 2010, 03:44 PM posted to alt.activism.death-penalty,uk.politics.misc,aus.politics,rec.travel.europe,soc.retirement
Green Lantern
external usenet poster
 
Posts: 3
Default Government hand-outs that undermine the economy. Sovereign debt and politics' inability to stop the bleeding.


"HD" wrote in message
...

"Green Lantern" wrote in message
news

"ODONOVAN, Himself" wrote in message
...
Government hand-outs that undermine the economy.

Those Labour arseholes give handouts all the time.



Not at all like the Liberals who only give handouts at election time to
buy votes.


You're confused. Labour did that at the last election.


  #5  
Old March 13th, 2010, 04:13 PM posted to alt.activism.death-penalty,uk.politics.misc,aus.politics,rec.travel.europe,soc.retirement
HD
external usenet poster
 
Posts: 3
Default Government hand-outs that undermine the economy. Sovereign debt and politics' inability to stop the bleeding.


"Green Lantern" wrote in message
...

"HD" wrote in message
...

"Green Lantern" wrote in message
news

"ODONOVAN, Himself" wrote in message
...
Government hand-outs that undermine the economy.

Those Labour arseholes give handouts all the time.



Not at all like the Liberals who only give handouts at election time to
buy votes.


You're confused. Labour did that at the last election.

No you are confused.
To buy votes you have to give a handout before an election. That is what
Howard did and, he did it at a time when we didn't need a stimulus for the
economy. We only needed this stimulus after the greedy Capitalist merchant
bankers made a mess out of the economy worldwide.








  #6  
Old March 13th, 2010, 04:34 PM posted to alt.activism.death-penalty,uk.politics.misc,aus.politics,rec.travel.europe,soc.retirement
Green Lantern
external usenet poster
 
Posts: 3
Default Government hand-outs that undermine the economy. Sovereign debt and politics' inability to stop the bleeding.


"HD" wrote in message
...

"Green Lantern" wrote in message
...

"HD" wrote in message
...

"Green Lantern" wrote in message
news
"ODONOVAN, Himself" wrote in message
...
Government hand-outs that undermine the economy.

Those Labour arseholes give handouts all the time.



Not at all like the Liberals who only give handouts at election time to
buy votes.


You're confused. Labour did that at the last election.

No you are confused.
To buy votes you have to give a handout before an election. That is what
Howard did and, he did it at a time when we didn't need a stimulus for the
economy. We only needed this stimulus after the greedy Capitalist merchant
bankers made a mess out of the economy worldwide.


No you are confused.

Labour have been giving handouts ever since they won the election.



  #7  
Old March 13th, 2010, 06:15 PM posted to alt.activism.death-penalty,uk.politics.misc,aus.politics,rec.travel.europe,soc.retirement
John Rennie
external usenet poster
 
Posts: 610
Default Government hand-outs that undermine the economy. Sovereign debtand politics' inability to stop the bleeding.

Green Lantern wrote:
"HD" wrote in message
...
"Green Lantern" wrote in message
...
"HD" wrote in message
...
"Green Lantern" wrote in message
news "ODONOVAN, Himself" wrote in message
...
Government hand-outs that undermine the economy.

Those Labour arseholes give handouts all the time.


Not at all like the Liberals who only give handouts at election time to
buy votes.

You're confused. Labour did that at the last election.

No you are confused.
To buy votes you have to give a handout before an election. That is what
Howard did and, he did it at a time when we didn't need a stimulus for the
economy. We only needed this stimulus after the greedy Capitalist merchant
bankers made a mess out of the economy worldwide.


No you are confused.

Labour have been giving handouts ever since they won the election.



Labour, Labour? I think you are referring to Nulabour.
  #8  
Old March 13th, 2010, 11:17 PM posted to alt.activism.death-penalty,uk.politics.misc,aus.politics,rec.travel.europe,soc.retirement
Bill Bonde {Colourless green ideas don't sleep furiously)
external usenet poster
 
Posts: 244
Default Government hand-outs that undermine the economy. Sovereign debtandpolitics' inability to stop the bleeding.



John Rennie wrote:

Green Lantern wrote:
"HD" wrote in message
...
"Green Lantern" wrote in message
...
"HD" wrote in message
...
"Green Lantern" wrote in message
news "ODONOVAN, Himself" wrote in message
...
Government hand-outs that undermine the economy.

Those Labour arseholes give handouts all the time.


Not at all like the Liberals who only give handouts at election time to
buy votes.

You're confused. Labour did that at the last election.

No you are confused.
To buy votes you have to give a handout before an election. That is what
Howard did and, he did it at a time when we didn't need a stimulus for the
economy. We only needed this stimulus after the greedy Capitalist merchant
bankers made a mess out of the economy worldwide.


No you are confused.

Labour have been giving handouts ever since they won the election.



Labour, Labour? I think you are referring to Nulabour.

During the foot in mouth crisis, it was MooLabour.





--
"It is illuminating for purposes of reflection, if not for
argument, to note that one of the greatest 'fictions' of our
federal system is that the Congress exercises only those powers
delegated to it, while the remainder are reserved to the States or
to the people. The manner in which this Court has construed the
Commerce Clause amply illustrates the extent of this fiction.",
Hodel v. Virginia Surface Mining, 452 U.S. 264, 307 (1981)
  #9  
Old March 14th, 2010, 01:04 AM posted to alt.activism.death-penalty,uk.politics.misc,aus.politics,rec.travel.europe,soc.retirement
HD
external usenet poster
 
Posts: 3
Default Government hand-outs that undermine the economy. Sovereign debt and politics' inability to stop the bleeding.


"Green Lantern" wrote in message
...

"HD" wrote in message
...

"Green Lantern" wrote in message
...

"HD" wrote in message
...

"Green Lantern" wrote in message
news
"ODONOVAN, Himself" wrote in message
...
Government hand-outs that undermine the economy.

Those Labour arseholes give handouts all the time.



Not at all like the Liberals who only give handouts at election time to
buy votes.


You're confused. Labour did that at the last election.

No you are confused.
To buy votes you have to give a handout before an election. That is what
Howard did and, he did it at a time when we didn't need a stimulus for
the economy. We only needed this stimulus after the greedy Capitalist
merchant bankers made a mess out of the economy worldwide.


No you are confused.

Labour have been giving handouts ever since they won the election.

That is right. Labor gave hand outs after the election, not as a bribe for
votes before an election like the Liberals did.




  #10  
Old March 14th, 2010, 12:17 PM posted to alt.activism.death-penalty,uk.politics.misc,aus.politics,rec.travel.europe,soc.retirement
John Rennie
external usenet poster
 
Posts: 610
Default Government hand-outs that undermine the economy. Sovereign debtandpolitics' inability to stop the bleeding.

Bill Bonde {Colourless green ideas don't sleep furiously) wrote:

John Rennie wrote:
Green Lantern wrote:
"HD" wrote in message
...
"Green Lantern" wrote in message
...
"HD" wrote in message
...
"Green Lantern" wrote in message
news "ODONOVAN, Himself" wrote in message
...
Government hand-outs that undermine the economy.

Those Labour arseholes give handouts all the time.

Not at all like the Liberals who only give handouts at election time to
buy votes.

You're confused. Labour did that at the last election.

No you are confused.
To buy votes you have to give a handout before an election. That is what
Howard did and, he did it at a time when we didn't need a stimulus for the
economy. We only needed this stimulus after the greedy Capitalist merchant
bankers made a mess out of the economy worldwide.

No you are confused.

Labour have been giving handouts ever since they won the election.



Labour, Labour? I think you are referring to Nulabour.

During the foot in mouth crisis, it was MooLabour.

Compared with you, Bill, even Earl is funny.
 




Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is Off
HTML code is Off
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Mathews Inability to contribute to the subject. GB[_2_] Europe 14 October 8th, 2007 08:58 PM
PATRIOTS DO NOT UNDERMINE THEIR COUNTRY DURING WAR!! [email protected][_2_] Asia 17 February 19th, 2007 08:32 PM
rec.travel.europe,talk.politics.misc,uk.politics.misc,aus.politics PJ O'Donovan Europe 0 December 7th, 2006 12:43 PM
Stop Bio-TERROR in America: The Government of Torture! [email protected] Cruises 0 October 17th, 2006 06:18 PM
Stop Bio-TERROR in America: The Government of Torture! [email protected] Europe 0 October 15th, 2006 08:51 PM


All times are GMT +1. The time now is 01:12 AM.


Powered by vBulletin® Version 3.6.4
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Copyright ©2004-2024 TravelBanter.
The comments are property of their posters.