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Alowishus
Joined: Aug 04 2009
Posts: 2515
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I also need to say that i don't outright reject capitalism.
I don't have a problem living in a capitalist society, i won't be moving to China anytime soon or anything. I just think there are better ways to do it and society as it is now does not promote equality which is what society is meant to strive for.
Even 1% is still an inequality and sure even within the 99% there is a wage disparity. The US is one of the most ridiculous examples i've seen for this, as in it's ridiculous how much poverty or underpaid at least compared to the standards here. I can't really comment on US as i know nothing about it in terms of politics and economics, my points are based solely on UK and Ireland.
We are separated by the ocean but we are both very different. Hell even in terms of politics i read in the last week or two that Obama went to the EU meetings and didn't have a clue what was going on (he basically just laughed) because the EU politics were way more developed than that of the US (his words not mine). In that respect it may be more difficult to understand my point as we are in different scenarios.
| Vaenamoenen wrote: |
| Syd Lexia wrote: |
| The economic crisis in Greece, I imagine. And the bailouts. s. |
Yes, but where's the alleged socialism and its flaws we are now learning about?
| Quote: |
| Market analysts are predicting the Euro will fold and countries will go back to their own national currencies. |
Some countries probably will. Greece maybe should. |
I wouldn't worry about it, i had no idea what he was talking about. Unless he was talking about the transition of Russia away from communism.
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Greg the White
Joined: Apr 09 2008
Location: Pennsylvania
Posts: 3112
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| Syd Lexia wrote: |
| Also, has anyone noticed that "wealthiest" rhetoric has gotten drastically more alarmist over the last 10 years? It used to be the wealthiest 10% that we were supposed to hate. Then it was 5%, now it's 1%. I guess 1% is just a way scarier number. Give them another year and they'll change it to 0.5%. |
It's true, though. Billionaires were a decidedly more rare sight in the '90s, but this weird race among the super rich to have more and more money that they won't do anything with has resulted in an unprecedented amount of $100 mil and up earners that can't be blamed on inflation or even the rise of profits in some cases.
I was reading a lot of Krugman during the Bush years and one of the things that he pointed out was that while people were touting the fact that earnings in the US had gone up, everybody failed to mention that wages were going down. There was a solid time of huge income disparity, which means that either an economy is in the shitter, or about to go into the shitter, because when most of the people are poor, they can't afford the goods made by the rich (or even services such as these predatory "low-coast" loans that were being dished out in spades), which causes economic collapse domino effects that can really ruin everyone's shit.
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 So here's to you Mrs. Robinson. People love you more- oh, nevermind. |
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TheDrumWorkshop
Title: 2D Video Game Raper
Joined: Oct 22 2010
Location: St. Louis, MO
Posts: 152
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Hippie socialist college kids that do not have day jobs and have nothing better to do with their time. I guess it is better and slightly more productive then sitting around smoking pot all day? Amarite?
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 KaY-O! |
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Cattivo
Joined: Apr 14 2006
Location: Lake Michigan
Posts: 3332
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| Alowishus wrote: |
| Vaenamoenen wrote: |
| Syd Lexia wrote: |
| The economic crisis in Greece, I imagine. And the bailouts. s. |
Yes, but where's the alleged socialism and its flaws we are now learning about?
| Quote: |
| Market analysts are predicting the Euro will fold and countries will go back to their own national currencies. |
Some countries probably will. Greece maybe should. |
I wouldn't worry about it, i had no idea what he was talking about. Unless he was talking about the transition of Russia away from communism. |
Wow, I can only infer that you are an Irishman who does not know what European social democracy is, because I stated what “The social democracies of Europe are learning right now [is] that the problem with socialism (and communism) is that you eventually run out of other people's money to redistribute.”
Ok, very quickly because if I’m going to be doing this, I might as well be applying to that history professor job opening I saw last week:
European democracies are predominantly based on the ideology of social democracy, which, for the sake of brevity, stands today as a fusion of representative government & socialism. These countries have large, cradle to grave welfare systems that require heavy taxation and massive borrowing. In effect, it results in (and is motivated by) a form of wealth redistribution & social justice within the modern, capitalist, democratic system. These policies have resulted in an increasing level of debt that has recently reached a tipping point for much of Europe, most prominently in Greece, Italy, Portugal, and Ireland. Hence, my referencing the Thatcher quote that “the problem with socialism is that eventually you run out of other people’s money.” These countries do not have any more money to take from its citizens or borrow from wealthier countries in order to fund their socialist welfare programs.
For a more detailed description of social democracy and its use of the welfare state, there’s always Wikipedia:
http://en.wikipedia.org/wiki/Socialism#Social_democracy
http://en.wikipedia.org/wiki/Social_democracy
That’s only the tip of the iceberg over how European economies are hampered by socialist policies, such as public ownership of power companies, gas companies, etc., as well as some very bizarre labor laws that make it extremely difficult to terminate an underperforming employee. It’s hard enough here in the US when my firm defends corporations & universities against union grievances. Thankfully, this country has “at will” employees. Italy would be in even harder shape right now if they did not pass the Biagi laws a few years ago, which created temporary worker classifications, which aren’t protected from being fired after the probationary period (unlike their full-time workers).
And Syd, I really missed reading your political posts. At least there's been South Park, as you said. God bless Trey Parker & Matt Stone.
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Klimbatize
2010 NES Champ
Title: 2011 Picnic/Death Champ
Joined: Mar 15 2010
Location: Las Vegas, NV
Posts: 5000
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 Uh huh huh huh huh..."movements".
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Douche McCallister
Moderator
Title: DOO-SHAY
Joined: Jan 26 2007
Location: Private Areas
Posts: 5672
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Ever since this Occupy Wallstreet crap started my 401(k) stocks have jumped a couple dollars. KEEP OCCUPYING!
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Alowishus
Joined: Aug 04 2009
Posts: 2515
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| Cattivo wrote: |
| Alowishus wrote: |
| Vaenamoenen wrote: |
| Syd Lexia wrote: |
| The economic crisis in Greece, I imagine. And the bailouts. s. |
Yes, but where's the alleged socialism and its flaws we are now learning about?
| Quote: |
| Market analysts are predicting the Euro will fold and countries will go back to their own national currencies. |
Some countries probably will. Greece maybe should. |
I wouldn't worry about it, i had no idea what he was talking about. Unless he was talking about the transition of Russia away from communism. |
Wow, I can only infer that you are an Irishman who does not know what European social democracy is, because I stated what “The social democracies of Europe are learning right now [is] that the problem with socialism (and communism) is that you eventually run out of other people's money to redistribute.”
Ok, very quickly because if I’m going to be doing this, I might as well be applying to that history professor job opening I saw last week:
European democracies are predominantly based on the ideology of social democracy, which, for the sake of brevity, stands today as a fusion of representative government & socialism. These countries have large, cradle to grave welfare systems that require heavy taxation and massive borrowing. In effect, it results in (and is motivated by) a form of wealth redistribution & social justice within the modern, capitalist, democratic system. These policies have resulted in an increasing level of debt that has recently reached a tipping point for much of Europe, most prominently in Greece, Italy, Portugal, and Ireland. Hence, my referencing the Thatcher quote that “the problem with socialism is that eventually you run out of other people’s money.” These countries do not have any more money to take from its citizens or borrow from wealthier countries in order to fund their socialist welfare programs.
For a more detailed description of social democracy and its use of the welfare state, there’s always Wikipedia:
http://en.wikipedia.org/wiki/Socialism#Social_democracy
http://en.wikipedia.org/wiki/Social_democracy
That’s only the tip of the iceberg over how European economies are hampered by socialist policies, such as public ownership of power companies, gas companies, etc., as well as some very bizarre labor laws that make it extremely difficult to terminate an underperforming employee. It’s hard enough here in the US when my firm defends corporations & universities against union grievances. Thankfully, this country has “at will” employees. Italy would be in even harder shape right now if they did not pass the Biagi laws a few years ago, which created temporary worker classifications, which aren’t protected from being fired after the probationary period (unlike their full-time workers).
And Syd, I really missed reading your political posts. At least there's been South Park, as you said. God bless Trey Parker & Matt Stone. |
As interesting as all this is....i am an irishman but i live in NORTHERN Ireland. You wouldn't know that so i can't fault you, this is why i am more familiar with UK politics as i live technically in the UK but also in Ireland. It's a political issue in itself and is also why i know nothing about what you are talking about. I don't follow much ROI politics as it doesn't effect me, the same as with the US.
It's okay for you living in the US and knowing all it's politics but obviously the politics is different within every country in the EU. I have no interest in learning their politics nor much of the EU politics apart from the stuff i need to know about the occasional EU directives etc.
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Cattivo
Joined: Apr 14 2006
Location: Lake Michigan
Posts: 3332
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In spite of Thatcher's reforms, The UK has had a history of social democracy. To take just one example, the NHS is a direct result of this. Furthermore, the Labour party is in itself a social democratic party: http://en.wikipedia.org/wiki/Labour_Party_%28UK%29
This is stuff about your own country that directly affects you and that you should know. On top of that, considering that the UK is a part of the EU even though they don't use the euro, you are still directly affected by them as well. This should be elementary school material for you. I expect Americans not to know basics about European government & politics, but I never thought I'd be using the knowledge I gained in getting an M.A. in Modern European history to teach an Irishman about his own country and that he should have started learning in first grade.
Why are you posting in a topic about American politics when you do not even know the basics about your own country's politics? I weep for the future of Western Civilization.
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Syd Lexia
Site Admin
Title: Pop Culture Junkie
Joined: Jul 30 2005
Location: Wakefield, MA
Posts: 24887
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| Douche McCallister wrote: |
| Ever since this Occupy Wallstreet crap started my 401(k) stocks have jumped a couple dollars. KEEP OCCUPYING! |
Since you're not looking to retire any time soon, it's actually BAD when the value of the stocks in your 401k go up. The reason being that these stocks are still being bought on your behalf, but the money being put into your 401k each period remains the same regardless of stock prices. So the more valuable the currently stocks are, the less shares you're getting.
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Vaenamoenen
Joined: Mar 18 2010
Location: Tuonela
Posts: 299
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| Cattivo wrote: |
| European democracies are predominantly based on the ideology of social democracy, which, for the sake of brevity, stands today as a fusion of representative government & socialism. These countries have large, cradle to grave welfare systems that require heavy taxation |
You are correct so far....
| Quote: |
| and massive borrowing. In effect, it results in (and is motivated by) a form of wealth redistribution & social justice within the modern, capitalist, democratic system. These policies have resulted in an increasing level of debt that has recently reached a tipping point for much of Europe, most prominently in Greece, Italy, Portugal, and Ireland. |
....but here you drop the ball. European welfare systems are almost entirely supported by progressive taxation, not debt. It is massively misleading and obiviously politically motivated to analyze the current crisis by blaming the welfare system (which, of course, is a big expenditure), and not take into account irresponsible banking and new recless economic policies (such as giving huge benefits to the families of top politicians) - which de facto knocked out Greece, for example.
These two mentioned factors are relatively new, whereas welfare states have been arround for decades, and they've worked fine. In fact, Scandinavian countries have not only the strongest welfare systems, but they're also among Europe's most solid economies. Read here.
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Cattivo
Joined: Apr 14 2006
Location: Lake Michigan
Posts: 3332
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To take one example, Italy's debt is at 120% of their GDP, and most of their expenditures are for welfare programs. The bloated pensions come up often because they're simply too high for the government to pay. European countries' debts have been accumulating over those decades, and they've finally run out of money.
Yes, the Scandinavian countries are a major exception, which is a big reason why most of them are wisely not on the euro (and keeping their own currencies has protected them from eurozone problems, just like it has partially protected the UK). Their smaller populations are certainly a factor in this, minimizing the damage of the welfare state.
The current economic crisis began with US banking problems, but the European welfare state put their continent in a poor position to face the situation. Any attempt at austerity meets with stiff resistance from citizens & politicians who want to keep the large infrastructure of their welfare systems, even though they cannot restructure their debts without severely reducing their spending on socialist programs.
I don't contest that my politics influences my interpretation of events.
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Alowishus
Joined: Aug 04 2009
Posts: 2515
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JoshWoodzy
Joined: May 22 2008
Location: Goshen, VA
Posts: 6544
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Hold on holmes, we're buddies but theres no reason for you to insult the American school system in the same breath that you say you basically weren't taught shit in your school. In 3 years of History you were seriously only taught about the Formation of Ireland, WWI and Medieval Settlement? Seriously?
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lavalarva
2011 SNES Champ
Joined: Dec 04 2006
Posts: 1929
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I'd guess Cattivo hates socialism because Obama is trying to bring that in the US. I'd be pissed too if someone tried to bring something like the free market in Canada.
Anyway, proceed with the flame war
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Alowishus
Joined: Aug 04 2009
Posts: 2515
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| joshwoodzy wrote: |
| Hold on holmes, we're buddies but theres no reason for you to insult the American school system in the same breath that you say you basically weren't taught shit in your school. In 3 years of History you were seriously only taught about the Formation of Ireland, WWI and Medieval Settlement? Seriously? |
Yeah it's my bad. It's just in a fury of rage...the systems are radically different, you do seem to get taught more subjects in high school than we are taught here, i do think GPA is a bit of a joke but that's a topic for not for this thread but i'm sure Cattivo will call me out on it anyway.
It wasn't that i was taught shit all, it was the fact that i chose to do other subjects over history. I don't have any qualifications in history whatsoever. In my school you had a choice of geography or history and i chose the former. I took history from basically age 11 to 14. Yet Cattivo expects me to know the forms of government etc. which i obviously won't be taught at that age, like i said Politics was elective and only taught at A Level, at least in my school, though i am sure you cannot do Politics GCSEs.
In those 3 years of history it was just introductory history, i did history in primary school but not in huge amounts of detail or any detail at all and because there was no qualification to be sought after three years the school can teach whatever they want. Like i say the first qualification you can get for history is a GCSE and i didn't do GCSE history.
They taught a bit more than that, honestly i can barely remember. I did Irish history, Formation of NI, Voyages of Discovery, WWI, Medieval History, like flight of the earls and hastings. I have no other history knowledge, it just wasn't taught.
So basically anything i know about history or politics i have to find out myself and since i have generally little interest i rarely read about it.
It's not strictly true actually.... i had marxist lectures in my second year of undergrad, i think it was one lecture.
I do politics this year but it's a half module for my Msc, so at age 22 i am doing my first actual taught course for politics.
and we all aren't buddies, at least me and Cattivo are not. His first interaction with me was to laugh at me, basically shit on my countries education system and say i am basically causing the collapse of western civilisation and it was completely unjustified.
Like i said, my politics knowledge is only what i have learnt myself, yet i am expected to be a fucking chieftain of knowledge while he is throwing out technical jargon i haven't even seen before. However just because i don't have a huge knowledge i am still allowed an opinion, isn't that how democracy works...
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Cattivo
Joined: Apr 14 2006
Location: Lake Michigan
Posts: 3332
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The beliefs of your own country's political parties are pretty basic, and are not graduate level material. I probably didn't learn about specific political parties in European countries until I took history courses about them in college. In America, learning about the existence & beliefs of the republican & democratic parties (as well as all their predecessors) begins in elementary school.
Regardless of the home rule you have in Northern Ireland, you are still part of the UK and the government in London still has ultimate federal authority. If you want to understand what is going on in your country's current events, you have to know at least some of what its politics are about. That includes what's happening in both Belfast & London for you.
With how bad the American educational system is in now, I don't understand how we can be that bad if your country apparently is skipping basics about your own politics. Having electives that early in your education is baffling to me. You need fundamentals first before a student can branch out into their own specific interests. Hell, even the universities here have "distribution requirements" or the like which make sure you have basic instruction in all major spheres of knowledge.
| Alowishus wrote: |
| yet i am expected to be a fucking chieftain of knowledge while he is throwing out technical jargon i haven't even seen before |
I don't expect you to be an expert, but if you are going to engage in a conversation about politics, I would think you would at least be aware of the basics of your own country. "Social democracy" isn't technical jargon, but a common, every day description of your country's and continent's system of government and political parties.
| lavalarva wrote: |
| I'd be pissed too if someone tried to bring something like the free market in Canada. |
I haven't been paying too much attention, so please correct me if I'm wrong, but hasn't your conservative prime minister, Harper, been able to improve your economy during this crisis? I have no idea how he's done it because it's difficult to get news about Canada here unless you seek it out, but I would assume it would be more free market oriented than socialist oriented. And as far as I know, you do have businesses that operate in a free market, right? It's not as expansive as the US of course, but you have companies competing to provide a product to your consumers, I believe. Otherwise, I have a lot to talk about with my Canadian uncle when I see him Saturday.
Edit:
Damn, sorry this was another long one. This was only three single sentence paragraphs when I envisioned it. Wasted almost half my lunch break on it, ugh.
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Alowishus
Joined: Aug 04 2009
Posts: 2515
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| Cattivo wrote: |
The beliefs of your own country's political parties are pretty basic, and are not graduate level material. I probably didn't learn about specific political parties in European countries until I took history courses about them in college. In America, learning about the existence & beliefs of the republican & democratic parties (as well as all their predecessors) begins in elementary school.
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I am not saying that they are graduate level material... i am saying that i was never taught politics so how do you expect me to know? I totally appreciate that you wouldn't have been taught European politics until you went to college as it is the norm. I totally get that. It's all well and good that it's taught in the US like that but it isn't here.
| Cattivo wrote: |
Regardless of the home rule you have in Northern Ireland, you are still part of the UK and the government in London still has ultimate federal authority. If you want to understand what is going on in your country's current events, you have to know at least some of what its politics are about. That includes what's happening in both Belfast & London for you.
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Dude, i know you are trying to help and i've been abit of an asshole but i know the politics of Northern Ireland, you can at least grant me that. EU is a whole different world of politics to me.
| Cattivo wrote: |
With how bad the American educational system is in now, I don't understand how we can be that bad if your country apparently is skipping basics about your own politics. Having electives that early in your education is baffling to me. You need fundamentals first before a student can branch out into their own specific interests. Hell, even the universities here have "distribution requirements" or the like which make sure you have basic instruction in all major spheres of knowledge.
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Age 14 for electives isn't really that early. It probably seems weird because you don't have an examination system like ours. You have a high school diploma and i have KS3s, GCSEs and A levels. A lot more exams. That is one criticism of your system, also we have entry requirements here...you do your a levels in that subject and then you have the basis, you do 13 GCSEs which is the major spheres of knowledge, unless you are saying that it takes you till age 18 to get the knowledge we get at 16 BUT anyway, i am not debating this, it's for a different thread.
| Cattivo wrote: |
| Alowishus wrote: |
| yet i am expected to be a fucking chieftain of knowledge while he is throwing out technical jargon i haven't even seen before |
I don't expect you to be an expert, but if you are going to engage in a conversation about politics, I would think you would at least be aware of the basics of your own country. "Social democracy" isn't technical jargon, but a common, every day description of your country's and continent's system of government and political parties.
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Well i know why i am confused. I have been lectured that the UK is a liberal democracy and not a social democracy. Not to question what you've been taught but i think my lecturer probably knows more about it than you, considering he is a UK citizen and has a phD and stuff...
I'm sure you know what that is but it even says UK is here: http://en.wikipedia.org/wiki/Liberal_democracy I think i'll take his word over it than yours, i don't want to say it's a social democracy on my exam.
Hell if you said it was a constitutional monarchy then i would have know what you are talking about.
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Cattivo
Joined: Apr 14 2006
Location: Lake Michigan
Posts: 3332
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| Alowishus wrote: |
| Age 14 for electives isn't really that early. |
Ah, ok, somehow I switched ages 11 & 14 while reading your post (probably because you made it while I was responding to your previous post, and I was rushing to get this done before the end of my lunch break). We start getting electives at age 14 as well, when we start high school. At my school at the time, it started with one elective. It can be different state to state though, as education is mainly a local, state responsibility here, with varying requirements across the borders.
| Alowishus wrote: |
Well i know why i am confused. I have been lectured that the UK is a liberal democracy and not a social democracy....
Hell if you said it was a constitutional monarchy then i would have know what you are talking about. |
All three are accurate descriptions, different flavors of democracy. Although to be fair, social democracy is more of a political ideology. It's just that changes to governments that social democrats have made while in power in Europe have been institutionalized and lasting enough to make "social democracy" a descriptor in addition to liberal democracy and constitutional monarchy (in the case of the UK). Your lecturer is indeed correct in his description as well; no argument there.
I've been a bit of an asshole too, just couldn't help myself from laughing - I guess from the light mood I was in from returning to the board, or whatever. I typically try to stay away from ad hominem attacks, as they take away from the strength of your argument.
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Alowishus
Joined: Aug 04 2009
Posts: 2515
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| Cattivo wrote: |
| Alowishus wrote: |
| Age 14 for electives isn't really that early. |
Ah, ok, somehow I switched ages 11 & 14 while reading your post (probably because you made it while I was responding to your previous post, and I was rushing to get this done before the end of my lunch break). We start getting electives at age 14 as well, when we start high school. At my school at the time, it started with one elective. It can be different state to state though, as education is mainly a local, state responsibility here, with varying requirements across the borders.
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Ah we are sort of similar then.
| Cattivo wrote: |
| Alowishus wrote: |
Well i know why i am confused. I have been lectured that the UK is a liberal democracy and not a social democracy....
Hell if you said it was a constitutional monarchy then i would have know what you are talking about. |
All three are accurate descriptions, different flavors of democracy. Although to be fair, social democracy is more of a political ideology. It's just that changes to governments that social democrats have made while in power in Europe have been institutionalized and lasting enough to make "social democracy" a descriptor in addition to liberal democracy and constitutional monarchy (in the case of the UK). Your lecturer is indeed correct in his description as well; no argument there.
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I guessed they were kind of similar after i remembered liberal democracy.
| Alowishus wrote: |
I've been a bit of an asshole too, just couldn't help myself from laughing - I guess from the light mood I was in from returning to the board, or whatever. I typically try to stay away from ad hominem attacks, as they take away from the strength of your argument. |
Gah don't worry about it, you'll soon learn that i am cranky and pretty stubborn lol (though only sometimes). Best to forget this.
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username
Title: owner of a lonely heart
Joined: Jul 06 2007
Location: phoenix, az usa
Posts: 16135
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fuck that. i say you guys duke it out
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| Klimbatize wrote: |
| I'll eat a turkey sandwich while blowing my load |
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Cattivo
Joined: Apr 14 2006
Location: Lake Michigan
Posts: 3332
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Heh, I forgot how funny that emoticon is.
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Douche McCallister
Moderator
Title: DOO-SHAY
Joined: Jan 26 2007
Location: Private Areas
Posts: 5672
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This page is tl;dr. Can someone summarize it?
| Syd Lexia wrote: |
| Douche McCallister wrote: |
| Ever since this Occupy Wallstreet crap started my 401(k) stocks have jumped a couple dollars. KEEP OCCUPYING! |
Since you're not looking to retire any time soon, it's actually BAD when the value of the stocks in your 401k go up. The reason being that these stocks are still being bought on your behalf, but the money being put into your 401k each period remains the same regardless of stock prices. So the more valuable the currently stocks are, the less shares you're getting. |
I put in 5% and my company matches it, so I'm getting these high valued stocks about 20 at a time. When I see a daily return on them, if it's higher then $.75, I exchange the whole shebang for a lower valued, less volatile stock. So for those 20 shares I get about 80 of the other. When I see the stock I'm originally putting into dive a buck or two, I pump all that money from the cheaper stocks into it, as it usually comes back soon and higher.
Using this strategy I have a 20% return this year. So I am happy, especially when many others I know have a negative return
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Tomdincan
Title: Test Icicle
Joined: Oct 02 2010
Location: Temple Shalina
Posts: 450
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Are these individual stocks or mutual funds?
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 I'm not a psychopath. I'm a high-functioning sociopath. |
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Douche McCallister
Moderator
Title: DOO-SHAY
Joined: Jan 26 2007
Location: Private Areas
Posts: 5672
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| Tomdincan wrote: |
| Are these individual stocks or mutual funds? |
Sorry, they are not stocks they are mutual funds.
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lavalarva
2011 SNES Champ
Joined: Dec 04 2006
Posts: 1929
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| Cattivo wrote: |
| And as far as I know, you do have businesses that operate in a free market, right? It's not as expansive as the US of course, but you have companies competing to provide a product to your consumers, I believe. |
Isn't that simply capitalism though? I believe free market implies minimum restriction from the government. It's that part I don't like.
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