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hack89

(39,171 posts)

135. The government spent more than they brought in, ran up massive debt

Wed Mar 12, 2014, 01:39 PM

Mar 2014

and then conspired with Goldman Sachs to mask that debt by engineering a derivatives deal that legally circumvented the EU Maastricht deficit rules.

It all started by fiscal mismanagement by the Greek government.

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Student leader killed in west Venezuela crackdown [View all] Lasher Mar 2014 OP

"I'm afraid this is going to get worse." Spitfire of ATJ Mar 2014 #1

Tasteless. joshcryer Mar 2014 #3

Do you have any idea how many movements have been inspired by a martyr? Spitfire of ATJ Mar 2014 #4

Yeah and you just picked the Nazi movement for your example cause funny happenstance Kurska Mar 2014 #6

He wasn't Gandhi, that's for sure. Spitfire of ATJ Mar 2014 #8

Right, good riddance! He must be guilty of something... ChangoLoa Mar 2014 #15

Do you want to make him a hero? Spitfire of ATJ Mar 2014 #46

No, you're right, the dead guy is a villain... ChangoLoa Mar 2014 #51

"It's interesting to see the fascination that extremes have for each other..." Spitfire of ATJ Mar 2014 #72

And let me guess, you are? Kurska Mar 2014 #37

LOL! Do you expect me to defend a bunch of Right Wingers? Spitfire of ATJ Mar 2014 #47

No I expect you to have some level of sympathy for someone's murdered son, brother or friend. Kurska Mar 2014 #65

Who is "cheering"? I simply pointed out that the Right COULD make him a martyr.... Spitfire of ATJ Mar 2014 #68

You equated him with a Nazi martyr Kurska Mar 2014 #77

It wasn't a "murder".... Spitfire of ATJ Mar 2014 #79

... Kurska Mar 2014 #81

He made the police kill him. That's pretty fucking sick. hack89 Mar 2014 #83

How far are you going to go in helping the wrong side? Spitfire of ATJ Mar 2014 #85

Not so far as to rationalize and joke about violence and murder. nt hack89 Mar 2014 #86

I didn't consider it to be a "joke".... Spitfire of ATJ Mar 2014 #156

"Horst-Wessel-Lied" joshcryer Mar 2014 #19

They're not Liberals. They are the children of the former ruling class.... Spitfire of ATJ Mar 2014 #49

Half the population is the former ruling class ChangoLoa Mar 2014 #59

Sure is, because people ain't buying the lies of the Right. Spitfire of ATJ Mar 2014 #69

Let's not forget Pavlik Morozov. Igel Mar 2014 #36

I've met Right Wingers who believe Breitbart is a martyr.... Spitfire of ATJ Mar 2014 #80

You're so bad bitchkitty Mar 2014 #12

You feel amused ChangoLoa Mar 2014 #16

This, coming from someone who celebrates death squads bitchkitty Mar 2014 #17

Huh?! You have no shame. Your accusation shows the kind of person you are. ChangoLoa Mar 2014 #18

Capriles. Armando Briquet. And their merry band bitchkitty Mar 2014 #20

Those are falsehoods ChangoLoa Mar 2014 #30

I didn't call him a Nazi. bitchkitty Mar 2014 #31

No, you just laughed with someone who was comparing him with a nazi SA spanza Mar 2014 #33

I laughed because the remark was bitchkitty Mar 2014 #38

Nazis were on the political right and so are these guys.... Spitfire of ATJ Mar 2014 #40

Lets remember that it is Maduro who is governing under emergency decree powers hack89 Mar 2014 #48

LOL!!! Oh yeah, we all remember when Chavez had everyone shot. Spitfire of ATJ Mar 2014 #98

St Hugo was relatively competent hack89 Mar 2014 #100

See the chart? Spitfire of ATJ Mar 2014 #102

We are not talking about devaluation hack89 Mar 2014 #104

Because,......they.....are.....getting,......fewer,....for,....the,.....same,.....thing. Spitfire of ATJ Mar 2014 #115

The dollars are flowing out. It is not supply problem hack89 Mar 2014 #117

They indexed their currency to the dollar and the currency speculators wanted the other side to win. Spitfire of ATJ Mar 2014 #134

They have devalued the Bolivar five time since 2003 hack89 Mar 2014 #137

LOL! You think the government sets the value? Spitfire of ATJ Mar 2014 #138

Yes - the government sets the rate at which Venezuelans can buy dollars. hack89 Mar 2014 #140

The private money market devalued even more before Chaves set the rate. Spitfire of ATJ Mar 2014 #157

That had nothing to do with the present hack89 Mar 2014 #158

You keep saying that as if they're broke.... Spitfire of ATJ Mar 2014 #159

So why can't companies buy dollars? hack89 Mar 2014 #160

"Why the need for a two tiered exchange system?" Spitfire of ATJ Mar 2014 #161

Why can't companies buy the dollars they need? hack89 Mar 2014 #162

Because "free trade" SUCKS. Spitfire of ATJ Mar 2014 #163

Yet they sell oil on the free market hack89 Mar 2014 #171

"What do you think funds all those social programs?" Spitfire of ATJ Mar 2014 #177

They are part of big oil - PDVSA is a huge oil company hack89 Mar 2014 #180

LOL!!! Oh sure. I'm sure Texaco is contributing matching funds towards their schools. Spitfire of ATJ Mar 2014 #182

VZ is a capitalist country enthusiastically participating in the global free market hack89 Mar 2014 #184

Nice job mooning everyone. Spitfire of ATJ Mar 2014 #194

You are not even trying anymore, are you? Nt hack89 Mar 2014 #196

Me? You haven't convinced me the student died for a noble cause. Spitfire of ATJ Mar 2014 #197

We were discussing basic economics. Nt hack89 Mar 2014 #202

On that, profit is not the only motivator. Spitfire of ATJ Mar 2014 #205

But revenue is extremely important. nt hack89 Mar 2014 #207

Not for it's own sake at the expense of the powerless. Spitfire of ATJ Mar 2014 #209

I meant government revenue hack89 Mar 2014 #210

Why the need for even that? hack89 Mar 2014 #170

Does it? From the US explicitly? Admit it.... Spitfire of ATJ Mar 2014 #172

They absolutely depend on us - we are their leading trading partner hack89 Mar 2014 #174

Guess where most of the money used to go.... Spitfire of ATJ Mar 2014 #181

Somewhat irrelevant hack89 Mar 2014 #183

IOW: The rich come FIRST. Spitfire of ATJ Mar 2014 #193

For the 3rd time, the bolivar doesn't float, its rate is fixed by the govt ChangoLoa Mar 2014 #147

The government officials are the ones who control that scheme and benefit from it, no one else. ChangoLoa Mar 2014 #122

Look at the chart again. It's when they indexed their cash to the dollar that things soured. Spitfire of ATJ Mar 2014 #133

The Venezuelan currency is not indexed. ChangoLoa Mar 2014 #149

A country devalues it's currency to limit inports and increase exports. Spitfire of ATJ Mar 2014 #155

Oil exporters devalue to release the fiscal pressure on their budget and to protect their reserves ChangoLoa Mar 2014 #167

The exchange you are fretting about are for non-vital goods.... Spitfire of ATJ Mar 2014 #173

You're still making no sense whatsoever. ChangoLoa Mar 2014 #175

Yup. South America does better without us skimming from them. Spitfire of ATJ Mar 2014 #178

So you weren't talking about the exchange rate policies... I though you were trying to make a point ChangoLoa Mar 2014 #185

LOL! I suppose that was a "welfare" slam. Spitfire of ATJ Mar 2014 #195

Unbelievable. I think you're right! n/t Judi Lynn Mar 2014 #199

It's like watching a cat playing with a mouse,...isn't it. Spitfire of ATJ Mar 2014 #201

Haha! I'm trying to understand your point, if actually have one... ChangoLoa Mar 2014 #203

Look again. Others kept up. Spitfire of ATJ Mar 2014 #206

I sincerely doubt it ChangoLoa Mar 2014 #218

Yup. And he always uses that old chestnut.... Spitfire of ATJ Mar 2014 #219

I hope you find your way back ChangoLoa Mar 2014 #220

Ya know, sometimes I post to the crowd. Spitfire of ATJ Mar 2014 #221

Ok, non-chavista = right-wingers = fascists ChangoLoa Mar 2014 #90

They believe in Corporatism. Spitfire of ATJ Mar 2014 #94

No need for calumny to defend your point of view ChangoLoa Mar 2014 #67

I don't know what you mean. n/t bitchkitty Mar 2014 #87

In this post it is YOU celebrating death squads, bitchkitty spanza Mar 2014 #32

the chavista death squads are the ones who killed the students Bacchus4.0 Mar 2014 #35

You "LOL'd" at unnecessary death. joshcryer Mar 2014 #21

No, I laughed at a comment. bitchkitty Mar 2014 #23

The comment was dismissive of death. joshcryer Mar 2014 #25

Ha! Coming from Henri's biggest fan! bitchkitty Mar 2014 #27

It won't get worse if the government just backs off. joshcryer Mar 2014 #2

The protesters in this case are NOT the "little guy".... Spitfire of ATJ Mar 2014 #5

Yeah, thats what it is. And maybe they want basic home items and less than 50% inflation! 7962 Mar 2014 #7

Oh, you mean the stupidity of thinking the protests are like Occupy? Spitfire of ATJ Mar 2014 #9

Exactly right! nt. polly7 Mar 2014 #10

No, the daily stupid decisions & statements made by Maduro, et al 7962 Mar 2014 #11

This........ Beacool Mar 2014 #39

You seem to have bought into the idea that it's destined to fail.... Spitfire of ATJ Mar 2014 #41

No, its called REALITY. I just call it as I see it. Too bad for a beautiful country. 7962 Mar 2014 #70

LOL!!! Next you will claim the Nazis were "Socialists" too just because it was in their name.... Spitfire of ATJ Mar 2014 #78

What the hell are you talking about?? What post did you read?? 7962 Mar 2014 #82

Things. Are. Getting. Better..... Spitfire of ATJ Mar 2014 #84

By what measure? hack89 Mar 2014 #211

Go listen to the report from "Democracy Now!".... Spitfire of ATJ Mar 2014 #212

Things are not getting better economically hack89 Mar 2014 #213

Did you watch the report from "Democracy Now!"? Spitfire of ATJ Mar 2014 #214

Yes. hack89 Mar 2014 #215

Any like this? Spitfire of ATJ Mar 2014 #216

Did you miss the chart I posted? Spitfire of ATJ Mar 2014 #96

They have short attention spans. They also fear the truth. n/t Judi Lynn Mar 2014 #97

Oh,...in that case.... Spitfire of ATJ Mar 2014 #99

Why don't you give the 2014 figures? hack89 Mar 2014 #106

It was a reply to a prior claim that everything has been hell for 12 years. Spitfire of ATJ Mar 2014 #116

You right. It has only recently become a hell hack89 Mar 2014 #118

Did you miss the OAS has accepted him? Spitfire of ATJ Mar 2014 #120

I accept him as the elected President hack89 Mar 2014 #125

You know what happened in Greece,.....right? Spitfire of ATJ Mar 2014 #130

The government spent more than they brought in, ran up massive debt hack89 Mar 2014 #135

It was the Greek government when it was run by borrow and spend conservatives.... Spitfire of ATJ Mar 2014 #136

Either a country has the money to pay for social services or it doesn't hack89 Mar 2014 #139

Greece HAD the money. The Conservatives LOOTED IT.... Spitfire of ATJ Mar 2014 #141

VZ's economy is shrinking and it's debt is increasing hack89 Mar 2014 #142

It's not the disaster the frat boy protesters want you to believe. Spitfire of ATJ Mar 2014 #145

Time will tell. nt hack89 Mar 2014 #146

It is mostly a bogus chart. ChangoLoa Mar 2014 #123

STOP INTRODUCING FACTS AND ANALYSIS NobodyHere Mar 2014 #129

The chart is from The Guardian.... Spitfire of ATJ Mar 2014 #132

Irrelevant. ChangoLoa Mar 2014 #148

Spot on. n/t bitchkitty Mar 2014 #14

Occupy did win. joshcryer Mar 2014 #24

Occupy WON. Everybody KNOWS about the 1% now. Spitfire of ATJ Mar 2014 #95

If the Maduro Government is like what occupy would be, no thanks. Adrahil Mar 2014 #28

We would be.... Spitfire of ATJ Mar 2014 #42

You said it, and we all know it! Thanks. n/t Judi Lynn Mar 2014 #89

They are a bunch of idiotic students. joshcryer Mar 2014 #22

Students attacked by police!! OMG!! It's bad!! RobertEarl Mar 2014 #50

Killed by paramilitaries, not "attacked by police" ChangoLoa Mar 2014 #54

Says you RobertEarl Mar 2014 #55

Say the students of his university ChangoLoa Mar 2014 #58

a twitter feed? RobertEarl Mar 2014 #61

It's more direct than any media ChangoLoa Mar 2014 #63

Ok RobertEarl Mar 2014 #66

So who killed the guy according to you? ChangoLoa Mar 2014 #88

Ever since Palin got the Beltway to discover Twitter it's become a favorite of the Right. Spitfire of ATJ Mar 2014 #93

Syndicate of students = Right = Corporatism = fascism ChangoLoa Mar 2014 #101

Very good Grasshopper, next we will discuss Authoritarian vs Libertarian. Spitfire of ATJ Mar 2014 #103

Do you mean ChangoLoa Mar 2014 #109

Do you feel I've been talking down to you? Spitfire of ATJ Mar 2014 #113

What do you mean? ChangoLoa Mar 2014 #128

Do you want me to? Spitfire of ATJ Mar 2014 #131

"Bolivarian supporters have dozens of links to independent media" EX500rider Mar 2014 #108

You are so out of touch it is pathetic. joshcryer Mar 2014 #57

Heh RobertEarl Mar 2014 #60

Another living proof ChangoLoa Mar 2014 #64

I picture Young Republicans. Spitfire of ATJ Mar 2014 #73

You picture wrong ChangoLoa Mar 2014 #168

ROFL snooper2 Mar 2014 #29

DU is random? Spitfire of ATJ Mar 2014 #44

When you look at it in the perspective of the Intertubes as a whole snooper2 Mar 2014 #45

Considering how many use the web sans pants? Spitfire of ATJ Mar 2014 #71

Being accepted by the OAS does. ;-) Spitfire of ATJ Mar 2014 #74

DU was designed for Democrats, progressives, liberals, oddly enough. n/t Judi Lynn Mar 2014 #91

Spot on!!! philosslayer Mar 2014 #56

Too many read the "news" and consider themselves "informed". Spitfire of ATJ Mar 2014 #75

Like the tea party is a mass movement. bitchkitty Mar 2014 #13

The tea party never got off their ass and protested. joshcryer Mar 2014 #26

"The tea party never got off their ass and protested." Spitfire of ATJ Mar 2014 #43

They strapped on their holsters and waddled around displaying Judi Lynn Mar 2014 #92

MADURO calls PSUV paramilitary forces to repress protests spanza Mar 2014 #34

Here's the cause of this murder. ChangoLoa Mar 2014 #53

so how much longer before the government loses any sort of moral authority to govern dlwickham Mar 2014 #52

Eh? RobertEarl Mar 2014 #62

so the Koch brothers are funding the opposition in Venzuela? dlwickham Mar 2014 #105

Judging from the posts on this thread, as many as he wants. They're just US-backed fascists. 7962 Mar 2014 #76

sad huh dlwickham Mar 2014 #107

Ouch! I won't go THAT far! Blind obedience to an ideology, yes. nt 7962 Mar 2014 #112

"how many more people can it kill before the apologists quit standing up for it" EX500rider Mar 2014 #110

the Venezuelan government is leftist dlwickham Mar 2014 #114

"I remember someone on here standing up for the North Korean government before" EX500rider Mar 2014 #119

I don't remember the moon one dlwickham Mar 2014 #121

When they get voted out by the majority ......if democracy is allowed to be repeated...... Theyletmeeatcake2 Mar 2014 #126

The opposition (M.U.D.) is NOT asking Maduro to resign, that is pure propaganda ChangoLoa Mar 2014 #127

Killing civilians is a classic SOA/RW tactic in Latin America. One example of many: Zorra Mar 2014 #111

4 days ago Maduro openly called his paramilitary forces to do this kind of action on national TV. nt ChangoLoa Mar 2014 #124

No, he didn't. We all know he didn't. Judi Lynn Mar 2014 #143

Of course he does! His words are crystal clear. He calls the "battle units" to act. See post #34 ChangoLoa Mar 2014 #152

No, I most certainly didn't tell you I don't speak Spanish. Judi Lynn Mar 2014 #153

That's not the most important issue here ChangoLoa Mar 2014 #154

"We all know he didn't." EX500rider Mar 2014 #164

We all know he did, even Judi Lynn ChangoLoa Mar 2014 #176

OH YES HE DID spanza Mar 2014 #192

You're saying "Oh yes he did" and "How can you defend such a thing." Ouch! Judi Lynn Mar 2014 #198

Ridiculous. When you tell an armed paramilitary group to intervene spanza Mar 2014 #225

"How dare you attempt to blame others for the congenital criminality of "conservative" perverts." EX500rider Mar 2014 #200

So you are claiming that Maduro publicly and specifically told paramilitary forces to Zorra Mar 2014 #179

As you can clearly see and hear in that video, he specifically told them to repress the protests ChangoLoa Mar 2014 #187

Personal attacks and insults by attempted character diminishment don't work well here at DU. Zorra Mar 2014 #188

Do you feel insulted? By "Childish"? ChangoLoa Mar 2014 #204

Not insulted, just amused. See? You did it again. Same word, "childish". Classic propaganda tactic. Zorra Mar 2014 #223

You deserve the award for the most ridiculous and childish way to elude a question spanza Mar 2014 #226

It was disgusting learning Ronald Reagan's propaganda meister, Judi Lynn Mar 2014 #144

Yes, the depth of the control and corruption of our government by RW wealthy private interests Zorra Mar 2014 #186

The shadow government may have already overtaken the "official" government, Judi Lynn Mar 2014 #189

Advocating the overthrow of the US government now, eh? Zorro Mar 2014 #190

I'm advocating for the elimination of fascists and fascism from our government. Zorra Mar 2014 #222

A Coup in Venezuela Means Another Victory For Corruption Judi Lynn Mar 2014 #150

Unavoidable facts mentioned in the article: Judi Lynn Mar 2014 #151

-Food is deemed affordable-just not deemed findable EX500rider Mar 2014 #165

Clearly you should have read the article. More from the article: Judi Lynn Mar 2014 #166

"You haven't even bothered to be aware of what has already happened" EX500rider Mar 2014 #191

All of this is means nothing when compared to the Great Toilet Paper Shortage of 2014. Zorra Mar 2014 #227

On 03/05 MADURO gave orders to his PARAMILITARY FORCES to repress protests. NO SURPRISE to see this. ChangoLoa Mar 2014 #169

I thought this Economist headline said a lot: EX500rider Mar 2014 #208

I doubt that the author of this idiotic headline.... Dem4ever27 Mar 2014 #217

Why, have you and so what? EX500rider Mar 2014 #224