Register to Comment
Page 24 of 26 FirstFirst ... 142223242526 LastLast
Results 231 to 240 of 259
Like Tree104Likes
  1. #231
    Cassandra Syndrome Cassandra Syndrome is offline
    Cassandra Syndrome's Avatar
    Join Date
    Aug 2009
    Posts
    24,816

    Quote Originally Posted by pragmaticapproach View Post
    The question is, how do you transition? an intermediate phase is required whether you wish for reform or total abolition of the current system.
    Has to be gradual, in a social constructionist, unplanned, spontaneous manner. States will gradual go bankrupt and scale down in size, allowing entrepreneurship to flourish.
    Sign in or Register Now to reply

  2. #232
    Cassandra Syndrome Cassandra Syndrome is offline
    Cassandra Syndrome's Avatar
    Join Date
    Aug 2009
    Posts
    24,816

    Quote Originally Posted by Blucher View Post
    Twitter / FGoria: RT @AP: BREAKING: French p

    Can't see the Bond Markets responding well to that.
    Dow Futures plummeted (relatively at this hour) to that. How long before the crack addicts work out that this is Bullish for QE3?
    Sign in or Register Now to reply

  3. #233
    Ribeye Ribeye is offline
    Ribeye's Avatar
    Join Date
    Jul 2011
    Posts
    27,423

    Quote Originally Posted by Cassandra Syndrome View Post
    Has to be gradual, in a social constructionist, unplanned, spontaneous manner. States will gradual go bankrupt and scale down in size, allowing entrepreneurship to flourish.
    I'm already planning a website for my virtual chipper,

    Www.Gobble.ie
    Sign in or Register Now to reply

  4. #234
    pragmaticapproach pragmaticapproach is offline
    pragmaticapproach's Avatar
    Join Date
    Jul 2010
    Posts
    6,290

    Quote Originally Posted by Ribeye View Post
    I'd follow Ron Paul's plan, adapted to Ireland, transition slowly but steadily, and only after I had taken an axe to all the waste and vested interest spending!
    RP's plan is more suited to a federal superstate, but I agree with the idea of gradual reform to a more sensible state of affairs.

    I'd start by cutting funding to all quangoes to zero overnight(not so gradual), liquidating NAMA and contracting as many public sector duties as possible out to private management firms.Obviously that has more to do with making government more efficient rather than reducing its scope, but that would be a longer term goal. In any case the tax savings once passed on should have some impact in helping to make the general populace more receptive to the idea of further reform.

    I probably wouldnt abolish the welfare state entirely, but would instead transform it from a system of universal entitlements to a more targeted safety net.
    Sign in or Register Now to reply

  5. #235
    pragmaticapproach pragmaticapproach is offline
    pragmaticapproach's Avatar
    Join Date
    Jul 2010
    Posts
    6,290

    Quote Originally Posted by Cassandra Syndrome View Post
    Has to be gradual, in a social constructionist, unplanned, spontaneous manner. States will gradual go bankrupt and scale down in size, allowing entrepreneurship to flourish.
    You sound more Hayekean than Rothbardian there
    Sign in or Register Now to reply

  6. #236
    Norman Bates Norman Bates is offline
    Norman Bates's Avatar
    Join Date
    Jan 2011
    Posts
    11,258

    Reuters [14 Minutes ago] says Italy and Spain are battling it out:

    WRAPUP 7-Battle over Spain, Italy rescue erupts at EU summit | Reuters
    Sign in or Register Now to reply

  7. #237
    Blucher Blucher is offline
    Blucher's Avatar
    Join Date
    Dec 2011
    Posts
    3,649

    Quote Originally Posted by Cassandra Syndrome View Post
    Dow Futures plummeted (relatively at this hour) to that. How long before the crack addicts work out that this is Bullish for QE3?
    Indeed.

    Wonder if QE3 is difficult in this election year though.

    Or for that matter whether the voting public understand or care.
    Sign in or Register Now to reply

  8. #238
    Blucher Blucher is offline
    Blucher's Avatar
    Join Date
    Dec 2011
    Posts
    3,649

    Quote Originally Posted by Norman Bates View Post
    Reuters [14 Minutes ago] says Italy and Spain are battling it out:

    WRAPUP 7-Battle over Spain, Italy rescue erupts at EU summit | Reuters
    This thread is turning into the Stabilisation thread.
    Sign in or Register Now to reply

  9. #239
    Pat Bun Pat Bun is offline
    Pat Bun's Avatar
    Join Date
    Mar 2012
    Posts
    512

    Quote Originally Posted by Norman Bates View Post
    Think you're being very hard on him. Of course, he has his flaws, but don't entirely agree that the show is worthless. Many get a good laugh out of it. And sometimes, just sometimes, some worthwhile information.

    And many other programmes on Irish channels are totally ignored by posters, many in fact don't even have a thread set up on them. You'd wonder why?
    Hes a character alright and a great journalist but his show is a bit snobbish in a way. When on a populist channel , doing current affairs, one should bow to the audience and be more relevant and less self indulgent and obtuse.
    His handling of the Wallace affair is a perfect example of his arrogance and 'out of touchness'.
    Sign in or Register Now to reply

  10. #240
    pragmaticapproach pragmaticapproach is offline
    pragmaticapproach's Avatar
    Join Date
    Jul 2010
    Posts
    6,290

    Quote Originally Posted by Cassandra Syndrome View Post
    Dow Futures plummeted (relatively at this hour) to that. How long before the crack addicts work out that this is Bullish for QE3?
    I trade the Dow index during the day, but unfortunately the spread would eat me alive if I attempted to short it now. Im pretty sure my SB firm quotes the futures price as supposed to the actual index after hours.
    Sign in or Register Now to reply

Sign in to CommentRegister to Comment