1. Welcome to Baptist Board, a friendly forum to discuss the Baptist Faith in a friendly surrounding.

    Your voice is missing! You will need to register to get access to all the features that our community has to offer.

    We hope to see you as a part of our community soon and God Bless!

We Are All Socialists Now

Discussion in 'News & Current Events' started by Palatka51, Feb 9, 2009.

  1. Palatka51

    Palatka51 New Member

    Joined:
    Oct 25, 2007
    Messages:
    3,724
    Ratings:
    +0
    The U.S. government has already—under a conservative Republican administration—effectively nationalized the banking and mortgage industries. That seems a stronger sign of socialism than $50 million for art. Whether we want to admit it or not—and many, especially Congressman Pence and Hannity, do not—the America of 2009 is moving toward a modern European state.

    We remain a center-right nation in many ways—particularly culturally, and our instinct, once the crisis passes, will be to try to revert to a more free-market style of capitalism—but it was, again, under a conservative GOP administration that we enacted the largest expansion of the welfare state in 30 years: prescription drugs for the elderly. People on the right and the left want government to invest in alternative energies in order to break our addiction to foreign oil. And it is unlikely that even the reddest of states will decline federal money for infrastructural improvements.

    If we fail to acknowledge the reality of the growing role of government in the economy, insisting instead on fighting 21st-century wars with 20th-century terms and tactics, then we are doomed to a fractious and unedifying debate. The sooner we understand where we truly stand, the sooner we can think more clearly about how to use government in today's world.

    As the Obama administration presses the largest fiscal bill in American history, caps the salaries of executives at institutions receiving federal aid at $500,000 and introduces a new plan to rescue the banking industry, the unemployment rate is at its highest in 16 years. The Dow has slumped to 1998 levels, and last year mortgage foreclosures rose 81 percent.

    All of this is unfolding in an economy that can no longer be understood, even in passing, as the Great Society vs. the Gipper. Whether we like it or not—or even whether many people have thought much about it or not—the numbers clearly suggest that we are headed in a more European direction. A decade ago U.S. government spending was 34.3 percent of GDP, compared with 48.2 percent in the euro zone—a roughly 14-point gap, according to the Organization for Economic Cooperation and Development. In 2010 U.S. spending is expected to be 39.9 percent of GDP, compared with 47.1 percent in the euro zone—a gap of less than 8 points. As entitlement spending rises over the next decade, we will become even more French.

    More Here
     
  2. Magnetic Poles

    Magnetic Poles New Member

    Joined:
    May 16, 2005
    Messages:
    10,407
    Ratings:
    +0
    Mel, I was just reading this article as you posted. :) Interesting. Also it is two pages long, so be sure to read page 2.
     
  3. J.D.

    J.D. Active Member

    Joined:
    Feb 21, 2006
    Messages:
    3,553
    Ratings:
    +14
    Good article, except it implies that W Bush is the SOLE cause of the present socialism. He certainly helped it along, but it may be debated whether that was his intention, and in any case, it's been a ever-growing socialistic populism that's been the real driver in this train wreck.
     
  4. Palatka51

    Palatka51 New Member

    Joined:
    Oct 25, 2007
    Messages:
    3,724
    Ratings:
    +0
    I have and yes it is very interesting.
     
  5. ray Marshall

    ray Marshall New Member

    Joined:
    Aug 15, 2007
    Messages:
    570
    Ratings:
    +0
    just remember= In Government. if it happens, it was meant to be.
    I think this is a slick way to change our type of Government, and the man in the WH is the puppet they are using.
     
  6. ray Marshall

    ray Marshall New Member

    Joined:
    Aug 15, 2007
    Messages:
    570
    Ratings:
    +0
    The day is approaching when there will be a blood-letting and the citizens will call the Government to do something. That my dear friends will be when we will become serf of the dictatorship.
     
  7. billwald

    billwald New Member

    Joined:
    Jun 28, 2000
    Messages:
    11,414
    Ratings:
    +0
    serfs, not socialists

    Not quite. We are now serfs. If we are lucky.

    $30,000/family has already been stolen from every American family. The Treasury has just proposed another $10,000/family. That's on top of the $10,000 in the budget and $40,000 from the old national debt.

    In the last century the excuse was "we (only) owe it to ourselves." In this century we owe it to the ChiComs.
     
Loading...