I'm an American Liberal, but I'm not freaking out over it. As matter of fact, our investments made money when they made the announcement.
Liberals love the idea of big controlling government. Freedom is now an anathema to them. The liberals of today bear no resemblance to those that considered themselves liberal years ago. What a shame!
Mike, years ago liberals believed in freedom. Now liberals are of the opinion that it is their way or the highway. Liberals support Hillary, despite her awful track record of lies and deception. I don't think she would have been acceptable years ago.
So what do liberal today believe in? I don't believe in big government. If you mean entitlements, then you should say that. But they are very small part of the budget. So you think by privatizing everything will solve the problems of the world?
The amount of the entitlements does not change the motivation, it just makes liberals look naive.
A $2 Trillion loss on the financial markets has a way of making a lot of folks freak out. Both conservatives and liberals in the U.S. fear uncertainty. Most citizens with 401ks and IRAs are affected.
No one wants the U.S. to tailspin into another recession especially if it is not our own doing. Technically nothing changed for us.
It's the fear of the unknown that drove the markets down. Another factor is Brittan's credit rating was also lowered. A global economy starts a domino effect when one country does anything.
The financial meltdown was caused because legislation was removed that prevented commercial banks to merge with investments companies. It is much more complex than fear of the unknown.
It's always more complex than any one aspect. If the market had believed it was going to lead to great things it would have responded positively and the pound would not have taken a hit either. My point is this wasn't just liberal reaction.
Mainly.... because Brexit has shown that people will vote for the things they want, and vote ACROSS party lines, the 17 million LEAVE voters were from ALL parties memberships, that freaks politicians, because it means that IF Americans were as pissed off with professional politicians as much as Brits were, Trump could well be elected.
The thought that voters from the Democrats could vote with their head and their heart, rather than as a political decision would make liberals afraid, because what Brexit did, was ROUSE the silent majority to vote for what works for them.
Lets face it the last years have shown that liberal politics does not work.
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