Time to say (the long) Goodbye. Please log me out!

WolfeTone

Registered User
Messages
351
Its been a blast, but time to bow out for good.

The calls for evicting unemployed, the calls for non-state interference in the private sector, the farming sector etc have all but come to a shuddering halt.
In times of crisis, it is the healthcare workers, the retail shopfloor, the lorry drivers, the volunteers that we rely on in order to somehow, hopefully, sustain our way of living.
When this this passes, we should be minded not to forget that when measuring 'market value'.
Socialism for everyone is here, the capitalist 'free market', budget balancing, national debt repayment mantra is dead.
Oh, and Bitcoin v BOHA, Bitcoin has won.

Its a tragedy what is occurring, things will never be the same.

Take care, God bless, look after yourselves and your loved ones.
 
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Brendan Burgess

Founder
Messages
40,268
Hi Wolfie

I am not sure that I see the connection between Covid and your decision to say good bye. But I was often unable to see the connections being made in your posts.

I think we are going to come to regret the appalling lack of government financial discipline over the last 10 years. When the economy was booming this so called "right wing" government spent money recklessly. We now have €200 billion of national debt as we confront this huge crisis.

And I have always argued that the people who will be hurt most by the reckless spending will be the weakest in Society who depend on the government for their health and welfare.

Brendan
 

WolfeTone

Registered User
Messages
351
Thanks Brendan,

I do feel your comment deserves a final, more considered response.

I think we are going to come to regret the appalling lack of government financial discipline over the last 10 years. When the economy was booming this so called "right wing" government spent money recklessly. We now have €200 billion of national debt as we confront this huge crisis.

This line of thinking is dead. The long-term of what is occurring will see to that. Socialism has arrived, not by a central dictat authority, but by the people, for the people at the behest of the people.
After covid19 the notion that we can simply return to the way it was before is not going to happen.
It is patently obvious, with the collapse of the aviation and tourism industry, fishing, retail sector, and subsequent industries like insurance and banking to follow that, - we are all in this together

It will take a time for this to register with everyone, im already listening to landlords v tenants, the mortgage holders v banks, insurance industry v retail sector. This will continue for sometime until it registers - we are all in this together.

The national debt, the budget deficit, its all meaningless unless we have a functioning and stable society and economy to live and work in. In order to have this the money printing presses need to be turned on, to keep law and order, to keep business afloat, to help businesses re-open. Not just nationally, but internationally - we are all in this together.

So when Covid 19 passes, and the next time you hear of a trolley crisis, or homeless crisis, or fodder crisis, or crime rates increasing, suicide rates increasing, mental health issues increasing, insurance premiums increasing, house prices out of reach of working people, extortionate rents choking working people etc, etc, remember - we are all in this together.

Where there is any structural deficit, in society or in the economy, then there will be no excuse for government or private industry not to remedy it. Just print the money.
If money printing can be used, as it will, to save the global economy, then there is no excuse to not using it for local and regional matters, because, when it was needed nationally and internationally - we were all in it together.

Now where is the Log Out button?
 

Brendan Burgess

Founder
Messages
40,268
Hi Wolfie

Welcome back.

We will have to realise that the state is not good at solving all problems and it does not have a magic money tree.

In general, people will be much better off if they are encouraged as far as possible to look after themselves and not have their hand out all the time.

We do need a strong, financially secure state, to handle things like the CoronaVirus. But our mad history of a welfare state has so damaged our finances that our ability to cope with this will be seriously compromised.


Brendan
 

WolfeTone

Registered User
Messages
351
Hi Wolfie

Welcome back.
Thanks, its my farewell commentary.



In general, people will be much better off if they are encouraged as far as possible to look after themselves and not have their hand out all the time.
Like I said, its going to take a bit of time for some to register what is occurring. To put it simply - everyone has, or will have shortly, 'their hand out' - including you. I think I recall you wanted dole cuts to assist in cuts in tax for high incomes? Before you had your hand out for more, and before Covid, it was the unemployed, mortgage holders in distress, working people who cant afford rent, the homeless. Before them, it was the banking and financial sector.
Today its the aviation, tourist and hospitality industry, tomorrow, the insurance industry, the banking sector, etc...

It doesn't matter who anymore, we are all in this together.

"No society can surely be flourishing and happy of which the far greater part of members are poor and miserable." -
Adam Smith.
 

WolfeTone

Registered User
Messages
351
I agree that we have encouraged everyone to put their hand out.
Including you Brendan. I recall you wanted to cut dole to facilitate cuts in tax in high incomes?

Its all meaningless now anyway, everything is going to change (for the better) in the long-term.
 

Brendan Burgess

Founder
Messages
40,268
Hi Wolfie

The main reason I want cuts to the dole is because of the current situation. I wanted to government finances to be resilient.

I don't think it's meaningless at all.

We will realise that we can't have a state with 90% of the people with their hand out.

We are going to have to learn to say "We can't afford it... we have other priorities for our spending."

Brendan
 

WolfeTone

Registered User
Messages
351
We are going to have to learn to say "We can't afford it... we have other priorities for our spending."
My point is, that horse has already bolted. What greater priority could there be than trying to beat this virus, maintain law and order and be ready to kick-start business when we come through this?
This is going to cost us all way more beyond what we can afford. In other words, money printing on a massive, unprecedented scale, throughout the developed world is going to happen, in which everyone will have the hand out.
In other words, everything that is - the value of an economy and society measured through the narrow prism of monetary system based on ever-lasting growth will be defunct.
This is why it is all meaningless.
 

Duke of Marmalade

Frequent Poster
Messages
2,657
Boss don’t you realize that Wolfie like Shortie before him can’t stand the searing Purple common sense that confronts his adolescent world view on AAM?
 

elacsaplau

Frequent Poster
Messages
803
WolfeTone's views may well be in the minority in these here parts. For a discussion forum to be fully vibrant, alternate views should be welcomed and celebrated and WolfeTone should be applauded for trying to represent non-mainstream views.

The miaowlike comments (and their likes) are disappointing.

I would like to wish WolfeTone well for the future.
 

Clamball

Frequent Poster
Messages
119
I am not sure if I agree that printing money is the solution to our problems but it is clear that we need a fully function public health, gardai, defence, transport, rubbish, etc systems to save us in an emergency. And for this we need to pay more tax.

Apparently there are lots more rental properties available now in Dublin since Air bnb dried up practically overnight. This will allow people to rent homes and perhaps allow us to put measures in place to limit Air bnb even further for the greater good.

almost all rubbish collection is privatised but what if this stops due to covid19 because who on a min wage will try to keep going if the pandemic takes off. Waste collection limits spread of disease so should it be nationalised again?

I miss when people leave because they feel their views are being ignored. We all do better when we hear different points of view.
 

Bronte

Frequent Poster
Messages
13,811
The miaowlike comments (and their likes) are disappointing.

I would like to wish WolfeTone well for the future.
I thought the post about the long goodbye funny. Which it was. That's why I liked it. Nothing to do with Wolfie. I like reading his posts and maybe he will reconsider when he see all the luv coming his way. Nothing wrong with changing your mind. Maybe he had a bad day on here.
 
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