Comments on: Zoellick Calls for Obama to Lead U.S. in Stimulus for Developing World http://www.one.org/blog/2009/01/23/zoellick-calls-for-obama-to-lead-us-in-stimulus-for-developing-world/ Thu, 09 Feb 2012 15:05:27 +0000 hourly 1 http://wordpress.org/?v=3.0.3 By: Steve B. http://www.one.org/blog/2009/01/23/zoellick-calls-for-obama-to-lead-us-in-stimulus-for-developing-world/#comment-555525 Steve B. Sun, 01 Feb 2009 21:51:22 +0000 http://www.one.org/blog/?p=2558#comment-555525 Social unrest and chaos.....well, we already have mass social unrest. I'm curious what type of chaos you think would come about. I'm also curious about what you think needs to be done immediately. What do you propose as a solution to this as clearly we can't let capitalism correct itself. Social unrest and chaos…..well, we already have mass social unrest. I’m curious what type of chaos you think would come about.

I’m also curious about what you think needs to be done immediately. What do you propose as a solution to this as clearly we can’t let capitalism correct itself.

]]> By: David Dzidzikashvili http://www.one.org/blog/2009/01/23/zoellick-calls-for-obama-to-lead-us-in-stimulus-for-developing-world/#comment-555523 David Dzidzikashvili Sun, 01 Feb 2009 19:39:02 +0000 http://www.one.org/blog/?p=2558#comment-555523 Obama administration needs to realize that in several months economic crisis and soaring deficit will be solely his administration’s and his party’s problem, so for any previous or future mistakes he’ll have to take the blame. Two-three months from now nobody will remember Bush’s policies and the Democrats have to be more careful on the long-term effects of massive spending. If the new stimulus fails, just like the past one, then this will balloon into Obama’s first political problem. We have to also realize, that on the long-term we won’t be able to afford more bailouts and there has to be alternative solutions, since we are passing the trillion Dollar deficit boundary. Printing more money can be utilized as short-term tool, but on the long run it will devastate economy. Something needs to be done immediately, but more regulation & spending does not seem to be a logical answer, we need another alternative solution. Maybe we should take pure libertarian approach and let the free market decide who wins or loses? This will cause social unrest and chaos, so as a society we can not afford this option either. Maybe we’ve killed the goose that laid eggs for us? Obama administration needs to realize that in several months economic crisis and soaring deficit will be solely his administration’s and his party’s problem, so for any previous or future mistakes he’ll have to take the blame. Two-three months from now nobody will remember Bush’s policies and the Democrats have to be more careful on the long-term effects of massive spending. If the new stimulus fails, just like the past one, then this will balloon into Obama’s first political problem. We have to also realize, that on the long-term we won’t be able to afford more bailouts and there has to be alternative solutions, since we are passing the trillion Dollar deficit boundary. Printing more money can be utilized as short-term tool, but on the long run it will devastate economy. Something needs to be done immediately, but more regulation & spending does not seem to be a logical answer, we need another alternative solution. Maybe we should take pure libertarian approach and let the free market decide who wins or loses? This will cause social unrest and chaos, so as a society we can not afford this option either. Maybe we’ve killed the goose that laid eggs for us?

]]> By: Steve B. http://www.one.org/blog/2009/01/23/zoellick-calls-for-obama-to-lead-us-in-stimulus-for-developing-world/#comment-555366 Steve B. Sat, 24 Jan 2009 09:33:50 +0000 http://www.one.org/blog/?p=2558#comment-555366 These people have absolutely zero interest in the welfare of the United States of America. Give money you don't have! I can hear people now. "We have plenty of money!" Really? Are you sure? Inflation kills the worth of your money...which is where we are heading to. The printing presses are running 24/7 folks. They are printing all of that money. That money, when that money floods into the US markets, it's going to cause rapid inflation. Your money will be worth less. You will have less purchasing power. You'll have stacks of money...or money with new and larger numbers on it, but it won't be worth what it would be if all this money hadn't been printed. Let's add in that Robert Zoellick, who from here on out will be known as "An Imbecile", want's "some 6 billion" donated from all of this money that we are printing. In the end, you have inflation plus debt. You still have to pay for that money that was printed that you gave away. And your money is worth less...so it's going to take longer. Never mind you that eventually, that 6 billion eventually makes it's way back to the USA. Oops. I know people here are intelligent. I'm fairly certain that some here are even intellectually honest with themselves as well...so what's the deal? Do you enjoy helping to cut the throat of the nation that you live in so that others can have something that their socialistic (at best) governments should be doing for their own people? Are you so blind? These people have absolutely zero interest in the welfare of the United States of America. Give money you don’t have!

I can hear people now. “We have plenty of money!” Really? Are you sure? Inflation kills the worth of your money…which is where we are heading to. The printing presses are running 24/7 folks. They are printing all of that money. That money, when that money floods into the US markets, it’s going to cause rapid inflation. Your money will be worth less. You will have less purchasing power. You’ll have stacks of money…or money with new and larger numbers on it, but it won’t be worth what it would be if all this money hadn’t been printed. Let’s add in that Robert Zoellick, who from here on out will be known as “An Imbecile”, want’s “some 6 billion” donated from all of this money that we are printing. In the end, you have inflation plus debt. You still have to pay for that money that was printed that you gave away. And your money is worth less…so it’s going to take longer. Never mind you that eventually, that 6 billion eventually makes it’s way back to the USA. Oops.

I know people here are intelligent. I’m fairly certain that some here are even intellectually honest with themselves as well…so what’s the deal? Do you enjoy helping to cut the throat of the nation that you live in so that others can have something that their socialistic (at best) governments should be doing for their own people? Are you so blind?

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