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  1. #11
    Tiernanator Tiernanator is offline
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    When people are scared they look for what the see as certanties. The parliamentary left at present seems to me as someone on the left as though they are running scared. in the UK especially the Labour party has been hopeless in counteracting tory propaganda. They have made people think it is public spending and not private greed that has caused the problems. I think this is also true in other euro states. However the extra-parliamentary left are bouyant and whether I love or loathe them they play a part in agitating and pushing the political agenda leftwards.

    The parliamentary left has failed to capitalise on the failures of capitalism and instead seem to be trying to paper over the cracks instead of putting forward the valid critique that crapitalism, no not a typo, isn't working. The right are masters at shifting the buck. It was greedy bankers and speculators that caused the problem but the public sector are being made the scapegoat. There is a spectre haunting Europe.....If I was a supporter of the right I wouldn't get too comfortable. Finally there is no such thing as centre right...it is just right.
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  2. #12
    bob3344 bob3344 is offline
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    Quote Originally Posted by Tiernanator View Post
    It was greedy bankers and speculators that caused the problem but the public sector are being made the scapegoat.

    Blaming the bankers / speculators for causing the crisis is a bit like having a pet crocodile & then getting upset when he tries to eat you.

    It is up to the regulators to curb bankers/speculators as they will always pursue profit for their shareholders. The regulators are to blame.
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  3. #13
    Tiernanator Tiernanator is offline
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    Quote Originally Posted by bob3344 View Post
    Blaming the bankers / speculators for causing the crisis is a bit like having a pet crocodile & then getting upset when he tries to eat you.

    It is up to the regulators to curb bankers/speculators as they will always pursue profit for their shareholders. The regulators are to blame.
    Rubbish it is the greed of the crapitalist class that has been responsible entirely for this mess. Crapitalism cannot police itself. It is the problem not the solution to the problem.
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  4. #14
    hopi watcher hopi watcher is offline

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    Quote Originally Posted by bob3344 View Post
    Blaming the bankers / speculators for causing the crisis is a bit like having a pet crocodile & then getting upset when he tries to eat you.

    It is up to the regulators to curb bankers/speculators as they will always pursue profit for their shareholders. The regulators are to blame.
    Them bloody regulators
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  5. #15
    Milano Milano is offline

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    Off course they are going gain a foothold,people are fed up been taxed to death,robbing peter to pay paul ,government interfering in every aspect of their lives.A bunch of politicians that insulate themselves against inflation and hardship using the people like slaves ,so they can run deficits, buy votes and centrally plan everything.They look at people as things to be controlled ,they can't use violence so they use the next best thing taxation,and guilt about making a few euro's for youself,that you should be giving it to some arsehole who won't get of his arse to pay his own way.
    This Longterm welfare lark doing nothing and getting paid,house for nothing etc etc, is now a disease that people are getting fed up off.
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  6. #16
    bob3344 bob3344 is offline
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    Quote Originally Posted by Tiernanator View Post
    Rubbish it is the greed of the crapitalist class that has been responsible entirely for this mess. Crapitalism cannot police itself. It is the problem not the solution to the problem.

    Whatever.

    Scenario: 2 mortgage brokers

    Broker A: Has scruples about lending money, only operates according to strict wage multiples.

    Broker B: Doesn't give a fk. Only cares about his commission.

    If a company was comprised solely of type A, their shareholders would get p1ssed off and demand to know why the company wasn't making as much as its competitors.

    Real world - A gets fired.

    Thats why you have a regulator. Bankers aren't fkn hippy idealists, they are sharks and need to be controlled, that didn't happen.

    The reason the system collapsed
    1) clinton removed restrictions put in place after the great depression
    2) for political reasons, mortgages were given to ethnic minorities in the US who the brokers knew damn well couldn't pay. Once brokers were given the green light for this it was like a gold rush. huge numbers defaulted on their 1st payment.
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  7. #17
    Milano Milano is offline

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    Capitalism will be with us when we are dead and gone.The whole tax and spend ,government robbery socialism is killing its self.The welfare state of robbing peter to pay paul is fracturing all over the place.
    Quote Originally Posted by Tiernanator View Post
    When people are scared they look for what the see as certanties. The parliamentary left at present seems to me as someone on the left as though they are running scared. in the UK especially the Labour party has been hopeless in counteracting tory propaganda. They have made people think it is public spending and not private greed that has caused the problems. I think this is also true in other euro states. However the extra-parliamentary left are bouyant and whether I love or loathe them they play a part in agitating and pushing the political agenda leftwards.

    The parliamentary left has failed to capitalise on the failures of capitalism and instead seem to be trying to paper over the cracks instead of putting forward the valid critique that crapitalism, no not a typo, isn't working. The right are masters at shifting the buck. It was greedy bankers and speculators that caused the problem but the public sector are being made the scapegoat. There is a spectre haunting Europe.....If I was a supporter of the right I wouldn't get too comfortable. Finally there is no such thing as centre right...it is just right.
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  8. #18
    greenwithirony greenwithirony is offline

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    Clearly it's the left-wing deregulators, bankers, hedge funds, insurance companies, mortgage lenders, subprime lenders, all these bloody left-wingers are responsible for the economic mess were in now!! Left-wingers, bloody hell!!
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  9. #19
    greenwithirony greenwithirony is offline

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    Remember, DEREGULATION is the mantra of the left-winger!!!@*&^%!!!111!!
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  10. #20
    greenwithirony greenwithirony is offline

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    Quote Originally Posted by mccafferty cat View Post
    Ireland - Fine Gael holding consistent leads over ruling FF; although Labour making advances (we didn't need ComRes to tell us this though!)
    FF - why they must be the most left-wing party in all of Free Europe!11!!11!!!

    [Free Europe = Europe outside of horrid egalitarian societies such as those in impoverished Scandinavia]
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