3/26/13 http://www.telegraph.co.uk/finance/finan…
Savings accounts in Spain, Italy and other European countries will be raided if needed to preserve Europe’s single currency by propping up failing banks, a senior eurozone official has announced.
Ditching a three-year-old policy of protecting senior bondholders and large depositors, over €100,000, in banks, Mr Dijsselbloem argued that the lack of market contagion surrounding Cyprus showed that private investors could now be hit to pay for bad banking debts.
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-2/4/10 Gallup poll: 61% of liberals have a positive view of socialism.
-6/2/11 Gallup poll: 71% of democrats favor re-distributing wealth.
-9/6-9/2012 http://www.gallup.com/poll/157481/majori… Those who want more government control over us: Republicans 15%; Independents, 29%; Democrats 67%.
-Now they have national health care, the hallmark of all welfare and socialist states.
Categorized | Affiliate Marketing 101
Will The Welfare State Democrats Favor Bailing Out Their Brother Welfare States In Europe?
Posted on March 27, 2013.
Who says we’re not right now? The Federal Reserve keeps their activities secret for 5 years.
The Socialist ideology is a theory , fostered by a delusional, illogical minority and which holds forth beliefs that have no basis in reality. Under socialism, incentives either play a minimal role or are ignored totally. A centrally planned economy without market prices or profits, where property is owned by the state, is a system without an effective incentive mechanism to direct economic activity. By failing to emphasize incentives, socialism is a theory inconsistent with human nature and is therefore doomed to fail. Socialism is based on the theory that incentives don’t matter!
In my opinion Communism is an extreme form of Socialism..
Arnie
Which one, take you pick.
Noooo i need my welfare.
How? We can’t even pay our own bills.