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latest user's comments

#3928 - "What has always made the state a hell on earth has been …  [+] (1 reply) 07/12/2012 on Politics - politics news,... +3
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#3948 - airguitar (07/12/2012) [-]
Very good quote, similar to one of Adam Smith's.
#3670 - After the 1929 Stock Market Crash unemployment went above 9% d…  [+] (2 replies) 07/09/2012 on Politics - politics news,... +1
#3677 - largenintimidating (07/09/2012) [-]
So Smoot-Hawley was one of the worst pieces of legislation ever passed. I'm not trying to argue that government intervention in the economy is good; it can definitely be an incredibly bad thing if done wrong (see Smoot-Hawley). I'm just trying to point out that this recession isn't as bad as it's made out to be.

The sad truth is that this is just the Western world paying for the abnormally good economies of 1945-2007 that made us overconfident enough to think that the government could bail our asses out of everything from unemployment to old age. In the last 75 years, the Baby Boomers have created, through their own actions and their sheer existence, a model of government that can only survive in economic conditions that are way better than normal. Now the correction is happening, and we're starting to see why the welfare state,a s it currently operates, can't live in a normal economy.
#3726 - drmcninja has deleted their comment.
#3161 - >Pure Communism >Leader Pick one comrade  [+] (1 reply) 07/06/2012 on Politics - politics news,... +2
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#3369 - ginginhunter (07/08/2012) [-]
Pure Communism does have a leader , you mistaking it with anrcho - communist