Bahu Virupaksha

Reply to The First Black Senator Was A Republican in US Civil War JoeUser Forums

[quote]See my response[/quote] I read and agree with it, though I do get the feeling that you see the Reconstruction Era as integral to the post bellum history of Southern US.

U S National Debt is beyond the digits of the Clock in Current Events JoeUser Forums

&n

Reply to The bail out bill is going to cost us more that three trillion dollars in Politics JoeUser Forums

There are three things wrong about the bailout package and I have written about them in my blog: 1 Too little too late. The 700 billion $ will not stach the finacial drain. 2 It does not provide a policy framework to acquire assets and value them. The Taxpayer will be held holding not useleess junk bonds but will also pay interest on them. 3 All macroeconomic theories held sacred by the IMF US Treasurey and World Bank is now thrown out of the window and laslt 4

Reply to The First Black Senator Was A Republican in US Civil War JoeUser Forums

I do not think the "election" of blacks to high officwe during the Time/Period of RECONSTRUCTION can be taken as proof or even a sign of wempowermwent. The Whites were disenfranchised wholesale and hence the preference for blacks. I do not think the election of blacks in the aftermath of Reconstruction and the era of carpetbaggers can be held up as beacons of racial/ethnic equality.

Reply to The Bailout is hurting Americans in Current Events JoeUser Forums

[quote]If every single person in America was on the verge of bankruptcy because of stupid behavior, then it would probably happen, since letting everybody bankrupt would crash the economy. YES, these people have to learn a lesson. YES, the taxpayers are going to pay for the mistakes of others. YES, it's a socialist-like action.[/quote][quote] Where do you get your propaganda from?[/quote] The symptoms of the crisis were evident as early as September 2007 when the Feds cut the prime ra

Reply to The Bailout is hurting Americans in Current Events Stardock Forums

Mixing economics with politics in the prsent situation is the worst kind of situation to be in. Chicago school holds that reducing money supply is a sure enough stategy to control stagflation. The present crisis demands injection of money in amarket that is short on liqudity and confidence.Bush and Paulson hvae set aside their onservative economic vies and have hit upon a solution and much as one dislikes Bush there is much to a

The Bailout is hurting Americans in Current Events JoeUser Forums

The 7oo billion $ suggested by the President of the US and his Treasury Secretary has been rejected by Congress and as I predicted in an earlier blog, the conservative Republicans voted against the bailout on the ground that state intervention in the economy would be a betrayal of the very creed of Burkeian conservatism represented in the strand of Reaganomics. There is no doubt that a bail out package will event

Reply to The Moral Hazard of the Bail Out in Current Events Stardock Forums

[quote]If you had come out with an article about the "plan" being "bad", I would have agreed with you. Instead you make this into the USSR II, and it is not.[/quote] Even I had not quite thouight of it as USSr II; now that you have mentioned it, maybe there is a wee bit os state socialism in all this. A sin that dare not mention its name.

Reply to The Moral Hazard of the Bail Out in Current Events Stardock Forums

[quote] One is that the government manages the economy. It does not (yet).[/quote] The 700billion US$ bailout package will put the US Government as the biggest player in the economy. From a regulator to a player that is a totally different ball game as far as the US is concerned. The Paulsob Plan does not address the real issue facing the US economy and is merely a bandaid. And moreover the US Government will own the bad debts incurred by the Banks, Financial Institutions

Reply to The Moral Hazard of the Bail Out in Current Events Stardock Forums

[quote]Second is that the president has a diddly damn to do with money. Again, CONGRESS is in charge of the purse strings. And they have made a royal mess of it (and continue to do so). For all the hoopla, congress still has to agree with all the steps Bush is proposing (note - not making, proposing[/quote][quote]And it is expected that this money will be paid back unlike the money used to bail out Fannie/Freddie.[/quote] As far as I know the bail out announced by Mr Paulson was withou

The Shield of Achilles: War, Peace and the Course of History in History JoeUser Forums

Philip Bobbit, a scholar with an unfortunate name, is a leading American interpreter of the changing patterns of interstate behavior, post 9/11. He is a nephew of Lyndon B Johnson and holds a doctorate both in History and Constitutional law, and if there is anyone eminently qualified to write about statecraft in the modern world it is this scholar. I had come across quite a few references to the book, T

The Moral Hazard of the Bail Out in Current Events JoeUser Forums

George Bush has done something that no true conservative would ever dream of doing. By using federal resources to buy up the bad debts of Fannie Mae and Freddie Mac, the leading mortgage firm in the US, Bush and his Treasury Secretary have in effect nationalised the company, a policy that runs counter to the basic principles of fiscal conservatism. Yesterday that bailout was further extended with the 85 billion $ bail

The Moral Hazard of the Bail Out in Current Events JoeUser Forums

George Bush has done something that no true conservative would ever dream of doing. By using federal resources to buy up the bad debts of Fannie Mae and Freddie Mac, the leading mortgage firm in the US, Bush and his Treasury Secretary have in effect nationalised the company, a policy that runs counter to the basic principles of fiscal conservatism. Yesterday that bailout was further extended with the 85 billion $ bailout of Lehman Brothers. Henry Paulson has se

Reply to Is the Obama Camapign looking up in Current Events Stardock Forums

Barack Obama's remark about Lipstick on a pig is a little off color.

Reply to Is the Obama Camapign looking up in Current Events Stardock Forums

[quote]Bahu, this is quite shocking that you would respond this way. Obama's campaign went out trying to belittle her mayorship of a town pop of 9K. Now when she responds it's 'bad taste'? Maybe I missed the logic?[/quote] I think Barack Obama, and I am also with him on this, did not make any personal difficulty that Palin may have with one of her daughters a subject of public controversy. Family is off limit. Now do you remember the comments made by John Maccain on Chelsea Clin

Reply to The Surge is not working in Current Events Stardock Forums

[quote]WOW he has been silent on this for a while. Maybe he is on vacation? Or maybe he has seen the light and supports the surge now that it is mostly over and a success[/quote][quote]Yep, he's abandoned this thread & moved on to his next mistake: thoughtful analysis of the McCain Campaign Disaster - Sarah Palin.[/quote] Sorry to disappoint you Daiwaa, I am still on Iraq and have not abondoned this thread. It seems that even the US has admitted that it cannot be in Iraq forever an

Reply to Is the Obama Camapign looking up in Current Events Stardock Forums

[quote] Palin was everything they wanted to see, biden was nothing of what they wanted to see.[/quote][quote]Obama is losing.....even the media knows this. [/quote] Too early for this prediction. A large pecent of the undecided voters are still in a quandry. Palin's performace today was good and she touched all the right bases and made the right noises about energy, Iraq, Taxes, jobs etc. But she does not know how to achioeve these things. Her attempt to mock Obama by pass

Is the Obama Camapign looking up in Current Events JoeUser Forums

Politics is an unforgiving game. Barack Obama delivered a splendid sppech at Denver while accepting the nomination of his party to the Presidecy of the United States. He quite rightly laid out his domestic and foreign policy and set to rest the niggling doubts that some people had about his ability to lead the country in a time of war. It seems that the Republicans have forgotten that the US constitution makes the President the Commander-in- chief and not

Reply to US GAME PLAN IN THECAUCASUS in Current Events JoeUser Forums

[quote]Why does Russia have the privilege to defend its interest while the west does not?[/quote] If you take Iraq War as an example, USA created a non existent enemy in order tio justiofy regime change in Iraq. There was no need to make a huge noise about WMDs when the purpose was regime change. The "democracy" in Iraq has resulted in the killing and displacement of nearly 2 million Iraqi citizens. Russia has not done anything remeotely comparable.. Georgia was becoming too clo

Reply to US GAME PLAN IN THECAUCASUS in Current Events Stardock Forums

[quote]Ancient history is no excuse for current aggression [/quote][quote]You seem to think it is ok for Mexico to invade the US, even though Mexico's claim to the southwest is artifical itself (it was occupied previously by Apache, Navaho, Comanche, etc.). So "historical claims" are the lame excuse used by Hitler to annex half of Europe before he actually started the war in Poland. [/quote][quote] but you surely do not understand [/quote] I have been trying hard to under

Reply to We Have Gone Too Far in Current Events JoeUser Forums

teenager in George is arrested and convicted and sent to jail for life. his crime? Having Oral sex with his 15 year old girl friend. A life ruined because of a bit of passion - and it was consensual The girl in question is 15 and as per the law is a child and her boyfriend has certainly broken the law. As a civil libertarian I am concerned about the publicity that surround convicted pedeophiles. If reformed they should not be made to carry the burden of their past convictio

Reply to US GAME PLAN IN THECAUCASUS in Current Events Stardock Forums

[quote] Anti-Semites will always have their own version of history.[/quote] There is no place for abnti-semitism in a globalising world nor can Israel use anti-semitism charge to evade its responsibilities under International law. AS FOR rUSSIA, YES i TOO AM A LITTLE SCEPTICAL ABOUT THAT hUMANITARIAN BIT, BUT iNTERNATIONAL lAW does give states the justification for intervention. Is this not what the West wants to do in Darfur. Further, Russia cannot allow, given the acces

Reply to US GAME PLAN IN THECAUCASUS in Current Events JoeUser Forums

[quote]Russia invaded Georgia.[/quote][quote]The Soviet Union invaded Afghanistan. And Czechoslovakia. And Hungary[/quote][quote]Most Arab countries invaded Israel. Three times.[/quote][quote]orth Vietnam invaded South Vietnam[/quote][quote]China invaded Tibet[/quote] Read the Cambridge Hiustory of China a=nd the Chapter on Tibet and you will know that from the Tang period onwarsds the Tibetans had acknowledged the suzerainity of China the Middle Kingdom. Please do not argue about His

Reply to US GAME PLAN IN THECAUCASUS in Current Events Stardock Forums

Human Rights has become a convinient alibii to cover all kinds of real and imagined sins. When USA talks of human rights it does not carry much conviction in view of what it has done to and in Iraq. After the Nazi invasion of Poland there has not been another brazen invasion of another country on totally trumped up justification. The quisling government of Maliki has even stopped counting the dead in Iraq as the world will start asking USA difficult questions. The crimes of the Black Christia

Reply to US GAME PLAN IN THECAUCASUS in Current Events Stardock Forums

Did not the NATO attack Serbia in the name of protecting Bosnian muslims and the very act of Serbia protecting iots territorial integrity led to their leaders being charged with war crimes and not a single Bosnia muslim war lord who too conmittwed atrocities on Serbs was so charged. Did not the UN with the complitcity of NATO cospire to have Kossovo declare its independence though all UN resolutions speak of maintaining the territorial integrity of Serbia. Did not USA invade Ira