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General Discussion >> General Board >> Pope Francis denounces ‘trickle-down’ economics
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Message started by ImSpartacus2 on Jan 8th, 2014 at 8:03am

Title: Pope Francis denounces ‘trickle-down’ economics
Post by ImSpartacus2 on Jan 8th, 2014 at 8:03am
What a pleasant surprise. I'm actually starting to like this guy. For a while now he has been warning the world about the tyranny of unfettered capitalism and recently had this to say:-

"Some people continue to defend trickle-down theories which assume that economic growth, encouraged by a free market, will inevitably succeed in bringing about greater justice and inclusiveness in the world. This opinion, which has never been confirmed by the facts, expresses a crude and naive trust in the goodness of those wielding economic power and in the sacralized workings of the prevailing economic system.... Meanwhile, the excluded are still waiting.”

Full article in the Washington Post

http://www.washingtonpost.com/business/economy/pope-francis-denounces-trickle-down-economic-theories-in-critique-of-inequality/2013/11/26/e17ffe4e-56b6-11e3-8304-caf30787c0a9_story.html

Title: Re: Pope Francis denounces ‘trickle-down’ economics
Post by The Heartless Felon on Jan 8th, 2014 at 8:06am

And what a great economic model the Catholic Church is...

Title: Re: Pope Francis denounces ‘trickle-down’ economics
Post by Kat on Jan 8th, 2014 at 8:08am

The trouble with 'trickle-down' economies, is that the trickle dries up
once it reaches the middle-class.

The working class and those on welfare always end up with nothing.

Title: Re: Pope Francis denounces ‘trickle-down’ economics
Post by pansi1951 on Jan 8th, 2014 at 8:11am

He could be speaking from a personal point of view, not as a representative of the Catholic Church.

He lived a frugal down to earth life before he became the pope.

I am wondering when he will start to offload some church assets to help the poor though. Maybe he is.

Title: Re: Pope Francis denounces ‘trickle-down’ economics
Post by aquascoot on Jan 8th, 2014 at 8:12am
Whilst not a big fan of the vatican (they do seem to surround themselves with the trappings of the elite), i , do find, the current pope to be quite sensible on a lot of levels and he may be able to slightly modernise the church.  to do so would require some sort of miracle though ;)

Title: Re: Pope Francis denounces ‘trickle-down’ economics
Post by ImSpartacus2 on Jan 8th, 2014 at 8:21am

Kat wrote on Jan 8th, 2014 at 8:08am:
The trouble with 'trickle-down' economies, is that the trickle dries up
once it reaches the middle-class.

The working class and those on welfare always end up with nothing.

Or just as its about to get to us a recession hits and the $$$ elite screams for a greater share of the pie to stimulate investment.   

Title: Re: Pope Francis denounces ‘trickle-down’ economics
Post by GeorgeH on Jan 8th, 2014 at 8:38am

Kat wrote on Jan 8th, 2014 at 8:08am:
The trouble with 'trickle-down' economies, is that the trickle dries up
once it reaches the middle-class.

The working class and those on welfare always end up with nothing.

The money tricles down into tax havens. Meanwhile—the country goes bankrupt!

Title: Re: Pope Francis denounces ‘trickle-down’ economics
Post by freediver on Jan 8th, 2014 at 9:19am
That's a pretty extreme interpretation of trickle-down theory. Sounds like the pope is building a strawman.

Title: Re: Pope Francis denounces ‘trickle-down’ economics
Post by The Grappler 2014 on Jan 8th, 2014 at 12:19pm
Yup - good old Catholicism as a social force has reared its ugly head once more and the Church Militant is on the field....

About time, too.

Now - I'm no Catholic though my mother was - but there has always been a strong element of social justice in the Catholic Church and any other church worth its salt... and it is good for the church and the people for the religious heads to raise issues that impact on the majority, primarily in a negative way, such as piss-poor economics leading to endemic poverty for many to favour a few.

It has been a  source of amazement to me that churches can trim their sails to the prevailing wind so much - and like Labrador here - lost sight and track of their prime aim in life - ordinary people.

It has also been a source of amazement to me that 'communist' governments tend to hate the very forces in religion that advocate most strongly, in many cases, for the ordinary person.

That's politics for ya!

Good on ya, Frank!  Give it to 'em!

Title: Re: Pope Francis denounces ‘trickle-down’ economics
Post by Peter Freedman on Jan 8th, 2014 at 12:35pm
Francis is spot on. Trickle down never works. It is just a theory expounded by the rich and powerful to ensure they stay that way.

Title: Re: Pope Francis denounces ‘trickle-down’ economics
Post by bogarde73 on Jan 8th, 2014 at 1:20pm
Pope Francis seems like a fine man, but where did he do his Economics/Finance/Accounting degree?

Title: Re: Pope Francis denounces ‘trickle-down’ economics
Post by dsmithy70 on Jan 8th, 2014 at 1:26pm
The man is the actual embodiment of Longy's rant here


Quote:
the religious people are the ones that INVENTED welfare.  we are the ones that STARTED almost every school and university on the planet.  We are still the ones that run virtually every private school and every private hospital.  Social welfare and housing support is largely done thru church charities.  And this is all paid for out of Christians AFTER-TAX income.

we give money to the poor.  we give them clothes, houses and teach their children.  and what do you do?  sit around and bitch about it and then makes excuses for killing the inconvenient by products of your own lusts.


And guess who was the 1st to bash & denounce the Pope and his comments,

THAT'S RIGHT,  RELIGIOUS CONSERVATIVES, the ones that condemn & pass moral judgement from high on the mount

see here

http://mediamatters.org/research/2013/12/05/conservatives-attack-the-pope/197170

https://www.msnbc.com/melissa-harris-perry/pope-francis-vs-prosperity-jesus

http://www.rawstory.com/rs/2013/12/26/popes-liberal-views-on-capitalism-freaking-out-conservative-catholics-in-congress/



Title: Re: Pope Francis denounces ‘trickle-down’ economics
Post by FriYAY on Jan 8th, 2014 at 1:33pm

Kat wrote on Jan 8th, 2014 at 8:08am:
The trouble with 'trickle-down' economies, is that the trickle dries up
once it reaches the middle-class.

The working class and those on welfare always end up with nothing.


Oh the working class are out of place and when they are on strike,
I drive my Jag in circles trying to knock them off their bikes.


What’s working class?

Plumber?

Electrician?

Mine worker?

Title: Re: Pope Francis denounces ‘trickle-down’ economics
Post by The Grappler 2014 on Jan 8th, 2014 at 2:01pm

FriYAY wrote on Jan 8th, 2014 at 1:33pm:

Kat wrote on Jan 8th, 2014 at 8:08am:
The trouble with 'trickle-down' economies, is that the trickle dries up
once it reaches the middle-class.

The working class and those on welfare always end up with nothing.


Oh the working class are out of place and when they are on strike,
I drive my Jag in circles trying to knock them off their bikes.


What’s working class?

Plumber?

Electrician?

Mine worker?


Nah - those are the nouveau riche - for a short time if they are not careful - they are the ones who work - the working class here have no work any more - they just lollygag in the warm sun drinking beer and surfing all day..

You know - just like boys in schools these days, men in the Labor party, all those dole bludgers and DSP recipients.... all lollygaggers, lazy drunks and gamblers on the public purse....

I hear Tony, Amanda, Joe, Clive of Indian Investors and Gina are working their little butts off to find them all jobs though.... or to figure out how to make the bastards pay for theie survival money....

Ask me again what's wrong with my country these days... I'm looking at calling the Grappler Party something like the Sanity Restoration Party - might bring in some of the youngies who think it's a music store thing..

Title: Re: Pope Francis denounces ‘trickle-down’ economics
Post by it_is_the_light on Jan 8th, 2014 at 2:36pm
blessings

the jesuit controlled vatican has over 900 TRILLION +

in assets .

3.5 BILLION will feed the planet yes ,

no more starvation yet corporations run by the vatican

own the majority of wealth on this biosphere ..

all is recorded in the akashic records

carry on regardless

namaste

- : ) =

ॐ




Title: Re: Pope Francis denounces ‘trickle-down’ economics
Post by ImSpartacus2 on Jan 8th, 2014 at 2:38pm

Dsmithy70 wrote on Jan 8th, 2014 at 1:26pm:
The man is the actual embodiment of Longy's rant here


Quote:
the religious people are the ones that INVENTED welfare.  we are the ones that STARTED almost every school and university on the planet.  We are still the ones that run virtually every private school and every private hospital.  Social welfare and housing support is largely done thru church charities.  And this is all paid for out of Christians AFTER-TAX income.

we give money to the poor.  we give them clothes, houses and teach their children.  and what do you do?  sit around and bitch about it and then makes excuses for killing the inconvenient by products of your own lusts.


And guess who was the 1st to bash & denounce the Pope and his comments,

THAT'S RIGHT,  RELIGIOUS CONSERVATIVES, the ones that condemn & pass moral judgement from high on the mount

see here

http://mediamatters.org/research/2013/12/05/conservatives-attack-the-pope/197170

https://www.msnbc.com/melissa-harris-perry/pope-francis-vs-prosperity-jesus

http://www.rawstory.com/rs/2013/12/26/popes-liberal-views-on-capitalism-freaking-out-conservative-catholics-in-congress/
Thanks for those links dsmithy.  But unfortunately they just verify what is becoming increasingly apparent.  Christians are increasingly the least christian people on earth. You just have to count the Christians on this forum bitterly opposed to helping refugees (as christ taught you should in his parable of the Good Samaritan) compared to the non christians who advocate a compassionate approach. And I dont even want to talk about young Matty who declares himself a christian with each post and yet speaks with such contempt for aborigines - pathetic.  Well, lets hope this Pope can turn them back to Christ.  Oh and BTW I particularly liked this from one of your links :

The Pope has also emphasized environmental awareness as part of his critique of the capitalism, writing:

    “In this system, which tends to devour everything which stands in the way of increased profits, whatever is fragile, like the environment, is defenseless before the interests of a deified market, which becomes the only rule.”

Sooooo true. 
   

Title: Re: Pope Francis denounces ‘trickle-down’ economics
Post by ImSpartacus2 on Jan 8th, 2014 at 2:56pm

it_is_the_light wrote on Jan 8th, 2014 at 2:36pm:
blessings

the jesuit controlled vatican has over 900 TRILLION +

in assets .

3.5 BILLION will feed the planet yes ,

no more starvation yet corporations run by the vatican

own the majority of wealth on this biosphere ..

all is recorded in the akashic records

carry on regardless

namaste

- : ) =

ॐ

Greetings Master Light.  We hear what you say but now is the time to fill our hearts with forgiveness and acknowledge that the words of the present Pope are true and righteous.

namaste

Title: Re: Pope Francis denounces ‘trickle-down’ economics
Post by Peter Freedman on Jan 8th, 2014 at 6:50pm

bogarde73 wrote on Jan 8th, 2014 at 1:20pm:
Pope Francis seems like a fine man, but where did he do his Economics/Finance/Accounting degree?


You don't need a degree to understand the impact of trickle down. Just eyes, a brain and empathy.

Title: Re: Pope Francis denounces ‘trickle-down’ economics
Post by Deathridesahorse on Jan 9th, 2014 at 2:10pm

Kat wrote on Jan 8th, 2014 at 8:08am:
The trouble with 'trickle-down' economies, is that the trickle dries up
once it reaches the middle-class.

The working class and those on welfare always end up with nothing.

Hence the sex pistols success!

Maybe ossie osborne had a point saying fairies wear boots but johnny had a point when he asked billions if they ever had the feeling of being ripped off!

The poor are engineered: what does barnaby joyce mean when he tells a live national australian audience that we all know free trade zgreements are a euphemism??????

Title: Re: Pope Francis denounces ‘trickle-down’ economics
Post by Deathridesahorse on Jan 9th, 2014 at 2:18pm
Growth economies slowly add the poor: oh look you've won the lottery! Dodgy theories backed by standing armies and nuclear might got attacked and why would it stop?

Just because americans no longer travel the world thinking they're untouchable ..... well i suppose it does help to try the small target strategy but lol war is conducted in the economic sphere so.....

Title: Re: Pope Francis denounces ‘trickle-down’ economics
Post by bogarde73 on Jan 9th, 2014 at 2:25pm
What a giggle. The left hate the Catholic Church and all it stands for, in fact they hate all religions except maybe Islam and that only because of their radical mindset against western values.
And yet a Pope says something vaguely aligned with their own misguided philosophies born out of envy and they're all over him like a rash.

Title: Re: Pope Francis denounces ‘trickle-down’ economics
Post by Deathridesahorse on Jan 9th, 2014 at 2:26pm

freediver wrote on Jan 8th, 2014 at 9:19am:
That's a pretty extreme interpretation of trickle-down theory. Sounds like the pope is building a strawman.

War is conducted in the economic sphere: what is your interpretaton of trickle down theory?

Title: Re: Pope Francis denounces ‘trickle-down’ economics
Post by Deathridesahorse on Jan 9th, 2014 at 2:27pm

bogarde73 wrote on Jan 9th, 2014 at 2:25pm:
What a giggle. The left hate the Catholic Church and all it stands for, in fact they hate all religions except maybe Islam and that only because of their radical mindset against western values.
And yet a Pope says something vaguely aligned with their own misguided philosophies born out of envy and they're all over him like a rash.

Money is socialism: thanx for playing  8-)

Title: Re: Pope Francis denounces ‘trickle-down’ economics
Post by Dnarever on Jan 9th, 2014 at 2:30pm
Trickle down can work in a business model but only when the employees or Unions are strong enough to squeeze a few bucks out of the bstds.

Otherwise they will just keep the lot.

Title: Re: Pope Francis denounces ‘trickle-down’ economics
Post by Deathridesahorse on Jan 9th, 2014 at 2:30pm

Peter Freedman wrote on Jan 8th, 2014 at 12:35pm:
Francis is spot on. Trickle down never works. It is just a theory expounded by the rich and powerful to ensure they stay that way.

Xactly: a fairy tale!

Title: Re: Pope Francis denounces ‘trickle-down’ economics
Post by dsmithy70 on Jan 9th, 2014 at 2:40pm

bogarde73 wrote on Jan 9th, 2014 at 2:25pm:
What a giggle. The left hate the Catholic Church and all it stands for, in fact they hate all religions except maybe Islam and that only because of their radical mindset against western values.
And yet a Pope says something vaguely aligned with their own misguided philosophies born out of envy and they're all over him like a rash.


Your old & a little simple so let me explain at least my POV

I do not hate the Church or any religion

What I despise is the leaders & so called followers of these worthy ideals blatant hypocrisy.

As light points out, the Catholic church alone could solve poverty, yet it doesn't.

No ONE single person on this forum that claims to follow Jesus Christs teachings comes even close to the Jesus Christ I was taught about.
In fact they more often than not support the position exactly opposite to Jesus's teachings.

Money is the New Golden Calf, & your all worshiping at it feet.


Quote:
23Then Jesus said to his disciples, “Truly I tell you, it is hard for someone who is rich to enter the kingdom of heaven. 24Again I tell you, it is easier for a camel to go through the eye of a needle than for someone who is rich to enter the kingdom of God.”



Title: Re: Pope Francis denounces ‘trickle-down’ economics
Post by dsmithy70 on Jan 9th, 2014 at 2:42pm

Dnarever wrote on Jan 9th, 2014 at 2:30pm:
Trickle down can work in a business model but only when the employees or Unions are strong enough to squeeze a few bucks out of the bstds.

Otherwise they will just keep the lot.


Trickle down problem explained in 6 minutes


https://www.youtube.com/watch?v=QPKKQnijnsM

Title: Re: Pope Francis denounces ‘trickle-down’ economics
Post by ImSpartacus2 on Jan 9th, 2014 at 3:20pm

bogarde73 wrote on Jan 9th, 2014 at 2:25pm:
What a giggle. The left hate the Catholic Church and all it stands for, in fact they hate all religions except maybe Islam and that only because of their radical mindset against western values.
And yet a Pope says something vaguely aligned with their own misguided philosophies born out of envy and they're all over him like a rash.
Sorry are you saying that if you disagree with a person about something then you must disagree with him/her on everything or if you and he/she agree about something else you should never say so because that would be illogical and something to giggle about? You reason like a school boy. No wonder you're sucked in by the trickle down theory.      

Title: Re: Pope Francis denounces ‘trickle-down’ economics
Post by bobbythebat1 on Jan 9th, 2014 at 3:41pm
This new Pope has no credibility -

he never got rid of all the arse clowns in his lousy church.

Title: Re: Pope Francis denounces ‘trickle-down’ economics
Post by John Smith on Jan 9th, 2014 at 6:54pm

Dsmithy70 wrote on Jan 8th, 2014 at 1:26pm:
The man is the actual embodiment of Longy's rant here


Quote:
the religious people are the ones that INVENTED welfare.  we are the ones that STARTED almost every school and university on the planet.  We are still the ones that run virtually every private school and every private hospital.  Social welfare and housing support is largely done thru church charities.  And this is all paid for out of Christians AFTER-TAX income.

we give money to the poor.  we give them clothes, houses and teach their children.  and what do you do?  sit around and bitch about it and then makes excuses for killing the inconvenient by products of your own lusts.


And guess who was the 1st to bash & denounce the Pope and his comments,

THAT'S RIGHT,  RELIGIOUS CONSERVATIVES, the ones that condemn & pass moral judgement from high on the mount

see here

http://mediamatters.org/research/2013/12/05/conservatives-attack-the-pope/197170

https://www.msnbc.com/melissa-harris-perry/pope-francis-vs-prosperity-jesus

http://www.rawstory.com/rs/2013/12/26/popes-liberal-views-on-capitalism-freaking-out-conservative-catholics-in-congress/


;D ;D ;D

you've just gotta laugh at them!

Title: Re: Pope Francis denounces ‘trickle-down’ economics
Post by bobbythebat1 on Jan 9th, 2014 at 7:50pm
John,

Quote:
you've just gotta laugh at them!



I notice that none of those 3 links dealt with the fact that this new Pope
has failed to get rid of all the arse clowns in his church:

Has he turned over all records relating to priest pedophiles?

What about all his homo priests - are they still there?

Title: Re: Pope Francis denounces ‘trickle-down’ economics
Post by Dnarever on Jan 9th, 2014 at 7:52pm
The Pope is pretty smart.

Title: Re: Pope Francis denounces ‘trickle-down’ economics
Post by Dnarever on Jan 9th, 2014 at 7:53pm

Dsmithy70 wrote on Jan 9th, 2014 at 2:42pm:

Dnarever wrote on Jan 9th, 2014 at 2:30pm:
Trickle down can work in a business model but only when the employees or Unions are strong enough to squeeze a few bucks out of the bstds.

Otherwise they will just keep the lot.


Trickle down problem explained in 6 minutes


https://www.youtube.com/watch?v=QPKKQnijnsM



Amazing how stupid we all are putting up with this carp.

Title: Re: Pope Francis denounces ‘trickle-down’ economics
Post by muso on Jan 9th, 2014 at 8:13pm

Bobby. wrote on Jan 9th, 2014 at 7:50pm:
What about all his homo priests - are they still there?


You obviously have a keen interest in this subject. You're the only one to bring it up on this thread, and you've mentioned it at least twice so far.

So, the Pope is in favour of more taxation, especially for the wealthy. It figures.

Title: Re: Pope Francis denounces ‘trickle-down’ economics
Post by Bam on Jan 9th, 2014 at 8:43pm
The leader of one world religion has denounced the teachings of another.

Title: Re: Pope Francis denounces ‘trickle-down’ economics
Post by Laugh till you cry on Jan 11th, 2014 at 7:05pm
Lou Reed captured the trickle down intent of the captains of capitalism when he penned:

"Give me your hungry, your tired your poor I'll piss on 'em
That's what the Statue of Bigotry says
Your poor huddled masses, let's club 'em to death
And get it over with and just dump 'em on the boulevard"

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