Comments on: A Look At The Ever Increasing Creep of Socialism in America http://contraryinvesting.com/social-mood-trends/a-look-at-the-ever-increasing-creep-of-socialism-in-america/ Investing and Trading News, with a Contrarian, Sarcastic Twist! Fri, 18 May 2012 02:21:51 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Brett http://contraryinvesting.com/social-mood-trends/a-look-at-the-ever-increasing-creep-of-socialism-in-america/comment-page-1/#comment-417 Brett Fri, 02 Jul 2010 18:32:06 +0000 http://contraryinvesting.com/?p=1375#comment-417 I'm not one to argue which government system is better...I actually think the best form of government is NO government at all. Sure, some are "less bad" than others. But at the end of the day, all governments are leeches upon their citizens. The State creates no value. It is only funded by coercing tax dollars from the productive members of society (you and me). I’m not one to argue which government system is better…I actually think the best form of government is NO government at all. Sure, some are “less bad” than others. But at the end of the day, all governments are leeches upon their citizens. The State creates no value. It is only funded by coercing tax dollars from the productive members of society (you and me).

]]> By: Nick http://contraryinvesting.com/social-mood-trends/a-look-at-the-ever-increasing-creep-of-socialism-in-america/comment-page-1/#comment-416 Nick Fri, 02 Jul 2010 18:07:43 +0000 http://contraryinvesting.com/?p=1375#comment-416 German Unemployment Down for 12th Straight Month http://www.nytimes.com/2010/07/01/business/global/01euecon.html ...and they have six week of paid vacation each summer. In a nutshell, I respect your point of view, but I think the analysis must go beyond the talkingpoints point of the right/left. Ireland implemented a radical program to cut government spending, and as a result their deficit is actually increasing. Now, I'm not a fan of throwing money at a problem in order to solve it, but it just shows that ideological arguments can make for good cable tv ratings but poor public policy, IMHO. German Unemployment Down for 12th Straight Month
http://www.nytimes.com/2010/07/01/business/global/01euecon.html

…and they have six week of paid vacation each summer. In a nutshell, I respect your point of view, but I think the analysis must go beyond the talkingpoints point of the right/left. Ireland implemented a radical program to cut government spending, and as a result their deficit is actually increasing. Now, I’m not a fan of throwing money at a problem in order to solve it, but it just shows that ideological arguments can make for good cable tv ratings but poor public policy, IMHO.

]]> By: Brett http://contraryinvesting.com/social-mood-trends/a-look-at-the-ever-increasing-creep-of-socialism-in-america/comment-page-1/#comment-415 Brett Fri, 02 Jul 2010 17:26:43 +0000 http://contraryinvesting.com/?p=1375#comment-415 Nick, I'm not sure Germany is in much better shape...but if we have any German readers seeing this comment, I'll defer to them.... Nick, I’m not sure Germany is in much better shape…but if we have any German readers seeing this comment, I’ll defer to them….

]]> By: nick http://contraryinvesting.com/social-mood-trends/a-look-at-the-ever-increasing-creep-of-socialism-in-america/comment-page-1/#comment-413 nick Fri, 02 Jul 2010 17:17:37 +0000 http://contraryinvesting.com/?p=1375#comment-413 It's all good and well, but if a strong social safety net leads right to Armageddon, why is Germany in better economic shape than the US? It’s all good and well, but if a strong social safety net leads right to Armageddon, why is Germany in better economic shape than the US?

]]> By: Brett http://contraryinvesting.com/social-mood-trends/a-look-at-the-ever-increasing-creep-of-socialism-in-america/comment-page-1/#comment-411 Brett Fri, 02 Jul 2010 16:49:26 +0000 http://contraryinvesting.com/?p=1375#comment-411 Yeah exactly Mike - and even a "government mandate" during the Bush administration - hahaha. Yeah exactly Mike – and even a “government mandate” during the Bush administration – hahaha.

]]> By: Mike http://contraryinvesting.com/social-mood-trends/a-look-at-the-ever-increasing-creep-of-socialism-in-america/comment-page-1/#comment-409 Mike Fri, 02 Jul 2010 05:10:10 +0000 http://contraryinvesting.com/?p=1375#comment-409 The funny thing is that the concept of owning a house somehow went from a privilege to being a "right" and has wrecked havoc alone on that notion. It has been a prolonged entitlement mentality that has fed itself through out the years. I saw that California did not pass a budget by July 1 but that was to be expected. I think it is a cute gesture that they are trying to no extend unemployment benefits but ultimately I think they will. I will not be surprised to see a second stimulus in the future and also reinstating the housing tax credit. The recession has not fully ran it course bc of the first massive stimulus but I would not be surprised to see a second one n The funny thing is that the concept of owning a house somehow went from a privilege to being a “right” and has wrecked havoc alone on that notion. It has been a prolonged entitlement mentality that has fed itself through out the years.

I saw that California did not pass a budget by July 1 but that was to be expected.

I think it is a cute gesture that they are trying to no extend unemployment benefits but ultimately I think they will.

I will not be surprised to see a second stimulus in the future and also reinstating the housing tax credit. The recession has not fully ran it course bc of the first massive stimulus but I would not be surprised to see a second one n

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