Noah, on 25 January 2013 - 06:32 AM, said:
Three things would help: fixing the banks, a reining back of austerity and a new social compact to ensure that productivity gains are once again shared by capital and labour.
I agree that banks need fixing. It should be understood by banks that from here on out, there is no more "too big to fail" nonsense.
To have proper capitalism, there are going to be successes, and there are going to be failures. There should be no subsidizing failure.
I absolutely disagree, and do so most vehemently, that austerity needs to be rolled back. In all of the countries highlighted, any austerity that has been introduced was never enough to begin with. This is always the fault of Keynesian economic thought. Keynesians always think they can inflate away monetary woes. One cannot do so. Although not highlighted, the US is in for a rude awakening once this Ben Bernanke-induced bout of Keynesiansism finally bursts like the housing market did. I've got some bad news for him. There is another massive bubble about to burst; and that is the student loan debt bubble.
1st State Prediction of 2013
bluelightstar, on 26 March 2013 - 09:28 PM, said:
You aren't winning in Starkville, and Hugh Freeze is going to see what he's really started.
Engie's prediction on the M-State and Ole Miss 2013 Signing classes
engie, on 30 April 2013 - 12:17 PM, said:
Yet MSU will have 10 from that in the NFL -- and OM will be lucky to get 2 or 3.
"We didn't play out of hatred for anyone. It was more of playing out of love for one another and this university." - Coach Freeze
University of Mississippi officials have confirmed reports that the school’s reserve of damns has been completely exhausted.
“We are out of damns to give. We do not give one single damn,” Chancellor Dan Jones told reporters
Formerly known as FCNDawg