tag:blogger.com,1999:blog-3098264341625381422.post4119281515159203930..comments2024-03-18T17:01:07.165-07:00Comments on The Provocateur: British Debt, the U.S. Treasury Bonds, and Youmike volpehttp://www.blogger.com/profile/02999118519606254362noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-3098264341625381422.post-62839535339911762009-05-23T07:03:59.242-07:002009-05-23T07:03:59.242-07:00http://theeprovocateur.blogspot.com/2008/10/misnom...http://theeprovocateur.blogspot.com/2008/10/misnomer-of-bottom-up-economic-building.html<br /><br />I've written about trickle down economics before. <br /><br />http://theeprovocateur.blogspot.com/2008/10/in-defense-of-trickle-down-economics.html<br /><br />I am not going to bother responding to you here suddenly bashing trickle down economics. I frankly don't have the first clue what the effectiveness, or lack thereof, of trickle down economics has to do with the panic in the bond markets as a result of Obama's policies.mike volpehttps://www.blogger.com/profile/02999118519606254362noreply@blogger.comtag:blogger.com,1999:blog-3098264341625381422.post-36065076605488756312009-05-23T07:01:04.633-07:002009-05-23T07:01:04.633-07:00This comment has been removed by the author.mike volpehttps://www.blogger.com/profile/02999118519606254362noreply@blogger.comtag:blogger.com,1999:blog-3098264341625381422.post-78834628492536831462009-05-23T06:54:44.555-07:002009-05-23T06:54:44.555-07:00Where is your response to the fallacy of trickle-d...Where is your response to the fallacy of trickle-down economics as so well argued in the NYT article?<br /><br />This is what I am interested in hearing from you. <br /><br />I will change my position if you provide better evidence than ..."Well what worked for me in the eighties under Reagan must work now."<br /><br />The article cites cross country comparisons across different time spans. It is much more complete research than what I have read on your site. <br /><br />Thanks<br /><br />p.s. Dont be so sensitive, we are all ideologues to an extent, we all dig our heels in over issues, and we all distrust a lot of the motives of what we define as our our political opponents - even you my dear Mike.Simonnoreply@blogger.comtag:blogger.com,1999:blog-3098264341625381422.post-17835177561223114062009-05-23T04:57:25.414-07:002009-05-23T04:57:25.414-07:00Actually, it soounds, Simom, as though you don't s...Actually, it soounds, Simom, as though you don't simply disagree with someone. Instead, you also assign nefarious motives to their position.<br /><br />I know lot's of people like you. I've been called both a racist and a homophobe during debates. That's just a sign of how much of an ideologue you are.<br /><br />It really doesn't matter what I say your only response is a hate filled rant in which you assign the worst intentions for each of my position. <br /><br />The only thing your proving though, is your own blind partisanship.mike volpehttps://www.blogger.com/profile/02999118519606254362noreply@blogger.comtag:blogger.com,1999:blog-3098264341625381422.post-8337474629346937932009-05-23T03:04:48.014-07:002009-05-23T03:04:48.014-07:00Oh I understand Conservative political positions q...Oh I understand Conservative political positions quite well.<br /><br />Its based on greed of the top tier of society who sell the ideology to the lower tier who have neither the brains not sense to see it isn't working for them over the long term.<br /><br />It’s no coincidence that ringing endorsements of greed began to be heard at the same time that the actual incomes of America’s rich began to soar. <br /><br />In part, the new pro-greed ideology was a way of rationalizing what was already happening. But it was also, to an important extent, a cause of the phenomenon. In the past thirty years, right-wing foundations have devoted enormous resources to promoting this agenda, building a far-reaching network of think tanks, media outlets and conservative scholars to legitimize higher levels of inequality.<br /><br />Why is trickle down economics flawed?<br />Well for the answer, I offer this link.<br /><br />http://www.nytimes.com/2007/04/12/business/12scene.html?adxnnl=1&adxnnlx=1243072861-1RmFrOl7kW0dX5Np1O/zEw<br /><br />But for some of the more independent minded visitors your site, please think about carefully about the implications of what is being argued here.Simonnoreply@blogger.comtag:blogger.com,1999:blog-3098264341625381422.post-9362055617799029782009-05-22T22:54:38.963-07:002009-05-22T22:54:38.963-07:00That's a caricature of conservatives.
First, I am...That's a caricature of conservatives.<br /><br />First, I am for across the board tax cuts not tax cuts for one group over another. Furthermore, I would be for either a flat tax or a fair tax. <br /><br />As for health care, I have long pointed out that the problem is several fold. First, doctors negotiate insurance with insurance oompanies. It should be the patient that does this. This happens because far too many people get employer sponsored insurance. You fix this issue and you are a long way toward resolving that problem.<br /><br /><br /><br />So, health savings accounts are something I am for. I could even be for that pseudo tax on employer sponsored health insurance.<br /><br />Finally, there is all sorts of corruption in health care. <br /><br />You also imply that cutting spending would cut the vital. That's nonsense there's trillions in waste and unnecessary spending in that budget.mike volpehttps://www.blogger.com/profile/02999118519606254362noreply@blogger.comtag:blogger.com,1999:blog-3098264341625381422.post-31398264173098023052009-05-22T17:44:35.955-07:002009-05-22T17:44:35.955-07:00I say cut taxes for the rich to around 15% but act...I say cut taxes for the rich to around 15% but actually not cut taxes on the middle class or working class at all. [because we do need some revenue] Then the rich will invest their money in America and stimulate our economy.<br /><br />Further cut all taxes that the wealthy have to pay a greater proportion of, such as capital gains tax from their investments and dividends, further stimulating investment in America and creating jobs.<br /><br />I would say 0% tax [after all taxation is theft] but that might not go down to well with the loony left<br /><br />Cut all healthcare spending and give health only to those who can afford it, after all healthcare is a privilege only for those who can afford it. <br /><br />Totally deregulate health insurance because I believe the pharmaceutical companies and health insurance through acting in their shareholders interest will actually provide good healthcare very cheaply.<br /><br />Stop all pay controls of banks receiving TARP because the people running these institutions need incentives to do their jobs.<br /><br />Initiate a spending freeze on everything but money to weapons and oil companies.<br /><br />God bless America!Simonnoreply@blogger.comtag:blogger.com,1999:blog-3098264341625381422.post-77180149720540448302009-05-22T12:31:58.100-07:002009-05-22T12:31:58.100-07:00I think the average person probably hasn't even he...I think the average person probably hasn't even heard of the U.S. Treasury bond. Certainly, even if you have heard of it, it's very unlikely you understand the dynamics involved in its movements, and absolutely not the dynamics involved in what its movement does to everything else.mike volpehttps://www.blogger.com/profile/02999118519606254362noreply@blogger.comtag:blogger.com,1999:blog-3098264341625381422.post-72028630713197702212009-05-22T12:29:18.749-07:002009-05-22T12:29:18.749-07:00Do most people either not understand that this is ...Do most people either not understand that this is an inevitable result of spending trillions of dollars of money that does not exist, or do they simply believe that the President is a good enough speaker to prevent it?Anonymousnoreply@blogger.com