Who cares if Obama attends Scalia's funeral?

[Ibanez]

It was more than banks going under.

But it wasn't about banks operating in both spheres of Wall Street and Main Street at the same time that brought it about, hence the red herring that is Glass-Steagal.

The aggressive nature that was created due to the combo of Financials and Securities had no cause? It's not the sole purpose of the recession.

[JohnStOnge]

He didn't create the concept of entitlements. They existed before him.

What program or programs would you characterize as an "entitlement program" or "entitlement programs" that existed before FDR?

[kalm]

He didn't create the concept of entitlements. They existed before him.

What program or programs would you characterize as an "entitlement program" or "entitlement programs" that existed before FDR?

Railroad acts, homestead acts, mining royalties...

[JohnStOnge]

What program or programs would you characterize as an "entitlement program" or "entitlement programs" that existed before FDR?

Railroad acts, homestead acts, mining royalties...

You think those things are what we refer to as "entitlement programs?"

[AZGrizFan]

IT told you, I prefer the ACC. And as a banker, you ask me what I have against Glass-Steagal?

I thought you were a credit union-er, not a banker?

[AZGrizFan]

Railroad acts, homestead acts, mining royalties...

You think those things are what we refer to as "entitlement programs?"

Too much nuance for Klammy....

[kalm]

Railroad acts, homestead acts, mining royalties...

You think those things are what we refer to as "entitlement programs?"

Of course not.

[kalm]

You think those things are what we refer to as "entitlement programs?"

Too much nuance for Klammy....

Is it?

[AZGrizFan]

Too much nuance for Klammy....

Is it?

Apparently.

[Grizalltheway]

You think those things are what we refer to as "entitlement programs?"

Too much nuance for Klammy....

I don't have a problem with people arguing that entitlements have gotten out of control, and that there's too much abuse, but do you really think we should go back to the days of having basically no social safety net? You know, like how it was before FDR?

[AZGrizFan]

Too much nuance for Klammy....

I don't have a problem with people arguing that entitlements have gotten out of control, and that there's too much abuse, but do you really think we should go back to the days of having basically no social safety net? You know, like how it was before FDR?

Ridiculous question, because it can't be done.....so it doesn't matter what I think.

[kalm]

Is it?

Apparently.

Let's hear your dissertation on the definition of entitlements....

FDR!!!

[kalm]

Yep. Posted an article in the fishing thread on retrofitting the dams for anadramous fish passage soon. They should have done it from the start. Progress has its downside too.

Isn't that called regress?

Yes...in retrospect. Like I said...

[DSUrocks07]

Isn't that called regress?

Yes...in retrospect. Like I said...

Hindsight is always 20/20

[Grizalltheway]

I don't have a problem with people arguing that entitlements have gotten out of control, and that there's too much abuse, but do you really think we should go back to the days of having basically no social safety net? You know, like how it was before FDR?

Ridiculous question, because it can't be done.....so it doesn't matter what I think.

Well it doesn't really matter what your (or I) think of anything, in the grand scheme of things. I asked out of curiosity.

[kalm]

It was more than banks going under.

But it wasn't about banks operating in both spheres of Wall Street and Main Street at the same time that brought it about, hence the red herring that is Glass-Steagal.

True to a certain extent, as Glass-Steagal was being whittled away at for decades, but it's repeal didn't help as it helped enable too big to fail banks. As has been discussed before, there is no one cause but an overall perfect shit storm of deregulation/regulatory malfeasance made the recession far, far worse.

[Ibanez]

He didn't create the concept of entitlements. They existed before him.

What program or programs would you characterize as an "entitlement program" or "entitlement programs" that existed before FDR?

Did you just ask which FDR programs existed before FDR?

That's not what I said and it isn't what Tom said. The CONCEPT of entitlements existed long before the New Deal. Google Lester Ward. Nobody denies that FDR implemented social welfare.

[GannonFan]

But it wasn't about banks operating in both spheres of Wall Street and Main Street at the same time that brought it about, hence the red herring that is Glass-Steagal.

True to a certain extent, as Glass-Steagal was being whittled away at for decades, but it's repeal didn't help as it helped enable too big to fail banks. As has been discussed before, there is no one cause but an overall perfect **** storm of deregulation/regulatory malfeasance made the recession far, far worse.

And don't forget the blame on those who pushed Fannie and Freddie to do anything they could to increase the home ownership number, and don't even forget just the average joe who knew he was getting a loan he shouldn't have and still went on his merry way. If a whole country could be responsible for a recession then we were to blame for the one we had. I don't remember people complaining about the relative ease to get credit and loans back before the crash.

[AZGrizFan]

Ridiculous question, because it can't be done.....so it doesn't matter what I think.

Well it doesn't really matter what your (or I) think of anything, in the grand scheme of things. I asked out of curiosity.

Well you can't put the toothpaste back into the tube, but if you must know:

No, I'm not saying NO safety net....but unfortunately, the "safety net" has become a political football that is used to essentially buy votes at the expense of the country's future. And NO politician currently in existence is going to change that. I don't think simple "tweaking" of programs is going to accomplish anything of note from a financial standpoint either.

[Ibanez]

Well it doesn't really matter what your (or I) think of anything, in the grand scheme of things. I asked out of curiosity.

Well you can't put the toothpaste back into the tube, but if you must know:

No, I'm not saying NO safety net....but unfortunately, the "safety net" has become a political football that is used to essentially buy votes at the expense of the country's future. And NO politician currently in existence is going to change that. I don't think simple "tweaking" of programs is going to accomplish anything of note from a financial standpoint either.

[kalm]

Well it doesn't really matter what your (or I) think of anything, in the grand scheme of things. I asked out of curiosity.

Well you can't put the toothpaste back into the tube, but if you must know:

No, I'm not saying NO safety net....but unfortunately, the "safety net" has become a political football that is used to essentially buy votes at the expense of the country's future. And NO politician currently in existence is going to change that. I don't think simple "tweaking" of programs is going to accomplish anything of note from a financial standpoint either.

Agreed, but you're describing all of government...military spending, infrastructure spending, etc. The sense of entitlement transcends welfare.

[Ibanez]

Well you can't put the toothpaste back into the tube, but if you must know:

No, I'm not saying NO safety net....but unfortunately, the "safety net" has become a political football that is used to essentially buy votes at the expense of the country's future. And NO politician currently in existence is going to change that. I don't think simple "tweaking" of programs is going to accomplish anything of note from a financial standpoint either.

Agreed, but you're describing all of government...military spending, infrastructure spending, etc. The sense of entitlement transcends welfare.

We cut back on military spending . Believe me.