Unions are good for nothing, excepting fucking up the country just like the bastards in the democRAT party who ran the housing market into the ground. When are the dumbasses going to shut off The Simpsons and learn who has really fucked up this country. FDR, LBJ, Carter, Clinton and Obama. We ought to string all of 'em up by their teeny-tiny beanbags!
Fannie mae and Freddie mac as well as federal home loan banks will increase their commitment to minority home markets by 440 billion dollars." Bush 2002
(go to youtube search HOME OWNERSHIP AND PRESIDENT BUSH)
1. bush mandates fann and fred to increase ownerhship by 440 billion in 2002.
2. bush signs American dream downpayment act in 2003.
3. Bush 's treasury department preempts states law's on predatory mortgage lending in 2004.
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"America will never be destroyed from the outside. If we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln
"The only thing necessary for the triumph of evil is for good men to do nothing" Edmund Burke
No No No. You got it all wrong. It was Unions! That's what brought down the economy. It was the 10 Percent of Americas Workforce that brought us to our knees. Not Political or Financial Corruption! Sheesh get it staight!
The tail wags the dog, not the other way around in FEDERAL RESERVE SYSTEM.
Bankers rule the economy. No president does anything other than what his banker masters tell him to do. The last president that tried JFK, got his head blown off.
LIARS LOANS were made, where the bankers were forcing the taxpayers to pay to ship all their jobs to Communist China.
They BANKERS //knew// everybody was going to be unemployed, but made the liars loans to them anyway.
It is immoral for the gov. to get involved in the economy. Senator Hatch for Utah- UTAH NEEDS TO TAKE HIM DOWN. He's trying to run again after freaking 36 years. He voted for TARP- dude when the gov. does anything with the economy it distorts the abilities of entrepreneurs to know what's coming. When they bail inefficient industries out- everyone gets hurt and the the market becomes sick- thrown into a perpetual drunken recession-
@freesociety88 The middleclass would not exist if there was no govt. involvement. The problem is when repubs. run govt. they sabotage govt. to fail to prove their philosophy of govt. is right, which makes our govt. get bigger and even more involved. Bush pushing fannie and freddie to the edge was sabotage. The short term gain would be great for his unemployment numbers but in the long run it was gonna crash and it did, fann and fred get the blame instead of bush and wall st. Genius.
@lmdslam What is so hard about seeing Gov waste $on a constant basis, see failed program after failed prog, from D's &/or R's,$ handed over to Solyndra (campaign donor) showg true bus. Naivte' while knowg they had problems, etc. $ to dead people, prisoners, illegals,digging into social security for other things, etc.. etc.. and not realize that GOV IS THE PROBLEM? Protection? OK; Construction? OK.. Anything else is allowing a rogue group of inept humans piss $ away, yet people want more via libs
@ There is nothing hard about seeing the waste, we find it and we fix it (9 billion saved in medicare fraud past two years), but do repubs. really want to fix it, no, they want to shrink govt. so its small enough to flush down a toilet. Supply side economics and republican rule has made our govt. even more corrupt,bigger and more wasteful. The repubs got power on saying how bad govt is and it became a self fullfilling prophecy. People play the system, and they eventually get caught.
"Fannie mae and Freddie mac as well as federal home loan banks will increase their commitment to minority home markets by 440 billion dollars." Bush 2002
1. bush mandates fann and fred to increase ownerhship by 440 billion in 2002.
2. bush signs American dream downpayment act in 2003.
3. Bush 's treasury department preempts states law's on predatory mortgage lending in 2004.
Both sides twist the facts in a way which is convenient to their world views. What really happened was that firms bought tons of illiquid assets with borrowed money and couldn't meet the margin. The fact that many of these assets were backed by bad mortgages is ancillary. If you're leveraged 50:1, you'd better own stuff you have clear market value on (like stocks or treasuries) and stuff you can sell in pinch. This why you can get 400:1 leverage on forex, but otherwise, its nuts!
What caused the housing collapse was government intervention. What kept the collapse going? more government intervention with bank bailouts and TARP... We need to hold those politicians responsible for voting for such. Conservative Hypocrites like Senator Orrin Hatch of Utah, Richard Lugar of Indiana, and Olympia Snowe of Maine are all up for reelection this year. We as the people need to show them that the banks don't need bailouts, the people need their liberty.
:D this is funny, i mean, sure their are truths, but, its ssooo one sided, and makes the republicans out to be anything different than the democrats. Come on, play to people biased, that is just a useless war, this vs that, us vs them. We are the most divided nation in the world because we listen to politicians about some lame broad reaching parties that cover no one in reality. garbage that.
@Swansen03I don't listen to politicians,I listen to those who worked their way from rags to rich &emplyeed people people wrld-wide&w/out Unions,who have employees who love them.These people KNOW how real economics wrk in REAL WORLD.Every1 else is basing beliefs upon jealousy&ignorance.Anythg resemblg socialism has ALREADY been proven a failure,yet even lookg at entitlement nation like Greece& at Europe isn't enough to convince the religiously connected that socialist policy is BS
@WingThaiJ Worldwide? i don't want to be employed by some one worldwide, and, what are you arguing, this system has failed/is failing? there are no arguing points there, if you take our various aspects then its not the same system, this is not capitalism, this is corporate fascism. Socialism has nothing to do with government, socialism is a business term, meaning democratic means of production. Also, your only point of view on unions are broken corrupt run by the corporation american unions..
@Swansen03 Yes, worldwide, by people who know via 1st hand experience what it takes to make business work and to employee the most people. Socialism is ALL Government, it's about the many controlled by the few. No Gov should DICTATE what anyone earns, they are not their Supreme Beings or Gods. Who should we allow force us to earn what they think we should earn? Read the article WHY SOCIALISM FAILED Mark Perry Google it; it is UNDENIABLE...
@WingThaiJ you apparently missed my mailbox metaphor... you are following what you've heard, not your own ideas, you are talking about totalitarianism, not socialism, we've never seen a REAL communism on a national level, your are just stating beliefs, "beliefs", that you're heard from some one else, plagiarism. But its ok that the CEOs dictate what we earn? how is that any different? most of those were born into those positions. right now the many are controlled by the few.. thats corporatism.
@Swansen03 No,I’m stating what can be easily found in history. Capitalism,freedom to endeavor to profit from self responsibility &innovation is what put America ahead of all else.FREE MARKET dictates what we earn People are paid what the market dictates & if an employee wants to earn more, he strives for entrepreneurship. brought us medical innovation, scientific innovation, on a scale socialism could never do. Socialism: Dictatorship tellg u what to do; when to do it; how much
@WingThaiJ this will be my last comment here. You haven't replied/listened to a single thing i've said, and history dictates that ZERO economic systems have worked, or else they would still be in existence. WE DO NOT LIVE IN A CAPITALISM!! .....therefore your points while valid, and i agree with them on the bases of a capitalist system, have no merit, because they do not apply to our current societal/economic system. Also, your leaving out A LOT of carnage in the Chinese example. nice chatting
@Swansen03 Wow, talk about the Pot calling the Kettle Black. Isn't it obvious to u that the aspects of our economy which yielded the most fruit was via private sector / entrepreneurship, etc.c.? Of course it is; capitalistic principles. No in Shen zhen (sp?) there was no carniage, just economic growth via capitalistic policy
@Swansen03 That's the point, it is the capitalistic policies that have allowed us to grow; once we get Obama out of office, Businesses will be able to formulate a budget again, the regulations sound good to lay people, but they are about as clear as a Foggy night in London; Lawyers can't even figure them out & Obama makes it sound like common sense.. Obama is spendg us into oblivion, conservative economics is the only thing that can save us now; just look at Greece & it's obvious
@WingThaiJ i know i said i wasn't going to comment again, so i'll just leave with questions to think about. You really think obama makes any decisions? you really believe the "republicans" care at all about people?(likewise, any different than "democrats) you think the "government" runs itself?(corporations own the government).we don't live in a capitalism...(therefore the "policies" won't apply) There are no presidents, and we don't elect them(never have, but past 15 or so have been puppets)
@Swansen03 I've heard such conspiracy theories before; those I know closer than you or I could ever be, know people on a personal level say otherwise. In any event, it is a theory, nothing more. We have no choice but to work w/whatever it is we have presented before us, so if I must make a choice between 2 evils, I will choose whatever allows us to have the least Gov & allows ALL to keep most of their hard earned $ & to decide for themselves whom to donate to.
@WingThaiJ Look, not dems or repubs can plan the economy. The recovery is occurring now, but it is slow. We rapid growth returns, it will not be because of low taxes, rolled back regulation, or investments in education or infrastructure. It will be caused by factors now we that are beyond our comprehension. An entirely new industry will emerge, events will happen overseas that nobody now predicts. All the government can do is make sure that we are ready when true recovery comes.
@MrSaemisch Actually rolled back regs would help; no , I don't know what will happen, it may actually be too late; however, left w/the only choices we have, whether it will help or not; regulations right now from what I understand are undecipherable, this along with Obamacare are certainly going to stifle growth of businesses and already has.
@Swansen03 PART B:When the Pilgrims first settled the Plymouth Colony, they organized their farm economy along communal lines. The goal was to share everything equally, work and produce.They nearly all starved.
@Swansen03 PART C: Why? When people can get the same return with a small amount of effort as with a large amount, most people will make little effort. Plymouth settlers faked illness rather than working the common property. Some even stole, despite their Puritan
@Swansen03 PART D: convictions. Total production was too meager to support the population, and famine resulted. Some ate rats, dogs, horses and cats. This went on for two years."So as it well appeared that
@Swansen03 PART E: famine must still ensue the next year also, if not some way prevented," wrote Gov. William Bradford in his diary. The colonists, he said, "began to think how they might raise as much corn as
@Swansen03 PART F: they could, and obtain a better crop than they had done, that they might not still thus languish in misery. At length after much debate of things, [I] (with the advice of the chiefest among them) gave way that they should set corn every man for his own particular, and in that regard trust to themselves. … And so assigned to every family a parcel of land."The people of Plymouth moved from socialism to private farming.
@WingThaiJ but, i'm not going to sit here and go back and forth with you, i see you enjoy carrying around those stones and the beliefs you have carved on them. NO!, listen NO! system will work based upon consumption, a global economy is just pushing for more control. there are ZERO viable economic systems based upon money and consuming limited resources. end. anywho, thats all i have. take care. :)
@Swansen03 It’s quite simple. Capitalism is FREEDOM, everyone’s right to purse the American Dream & Y so many come to this country, Y America has thrived & what Asia is using to turn impoverished villages into economic success stories (my relative even relates his comme friends in Asia acknowledge Capitalism works). We will do everythg possible to prevent Obama from turng us into a 3rd world country via his socialistic policies & spendg us over a cliff.
@Swansen03 Ref. to be supplied: PART A: When the Pilgrims first settled the Plymouth Colony, they organized their farm economy along communal lines. The goal was to share everything equally, work and produce.
@WingThaiJ but this isn't even the issue, its like there are a bunch of people looking at a mailbox, they are all arguing about what color it is, and its shape, i come up to it, listen for a minute, and then talk when everyone finished. I tell them its maroon and a parallelogram. They sit and think about it, realizing its true, and made a parallelogram and not a square on accident, and hate maroon, but then go on arguing about how its not those things because it doesn't fit their beliefs..
Unfortunately the occupiers believe that wall street is an entity in and of itself creating this massive problem. Fact is, wall street is money that you and I may have put pension money into and lost our shirts to the low lifes that took it when the bubble looked like it was going to pop. Too bad they didn't listen to GWBush in 2002.
Thank you to the people who put together this video. It's been a long time coming. we must FIGHT THE POWER!!!!!! Why aren't the bums being hanged in the public square? Well, I guess this is America, so we don't do that. But it is our responsibility as citizens to stand up, and VOTE THE BUMS OUT!!!!! DOWNSIZE GOVERNMENT NOW!!!!!!
@tigerhop Fight the Power? So,if you bust your ass & build a business & do things lawfully, employ people & people choose to by your products; you are now someone who should be fought against because someone else didn't do what you did? Agree, get rid of Gov welfare & subsidies to corporations, other than that, I think I'll try to find a way to become wealthy; that way I can help my family and others.
Who ever made this really nailed it. Not enough people have the time to sift through all the articles and papers and figure out how everything is connected. This video puts it succinctly, and drives the point home that government should NOT be in the housing market, or ANY OTHER MARKET. Government needs to be scaled back to it's constitutional framework. Otherwise, the constitution won't matter pretty soon, if the powers that be stay in place.
Abolish the FED. Have governments take over banks and make them non profit institutions of saving and lending. Eliminate all applied interest on borrowed money. Problem solved. Taves will cover govenment spending not the interest applied to the spending. Outlaw the application of interest world wide. Citizens will have disposible income to buy products and create jobs making all the new products they can now afford to buy. Anyone have a problem with that?
purely at the government are just lost. I pity you. You are blind and cannot see. And I have only referred to the financial industry. Do you want food and drug manufacturers policing themselves? And what about OSHA? They just get in the way, right? Let's privatize the roads and you can pay tolls everywhere you go. You would be so pissed. You wouldn't miss government until it was gone. Incidentally I believe in a regulated free market. That is not a contradiction. Rather a fair playing field.
@bent139 No body wants Gov to go away, they just want Gov to do what they are suppose to do constitutionally. The basic principles of the constitution NEVER changes & that includes limitg Gov. They are not suppose to be stealg $ to give to others, especially when everythg they do that goes against the constitution fails, includg the post office. It's not different than robbg a nice house on your block 'cause u think they have more than they need
@Kubrick1989 Pubs r for smaller Gov NOW which ALWAYS yields more jobs; Gov has a history of failed &failing programs trying to divert other people's $ elsewhere only to learn it was all a waste; hence, y so many studies have found the Obama stimulus to be a complete & utter waste. You cannot interfere w/the natural flow of free markets w/out causing problems. Whoever puts forth the effort deserves the rewards & deserves to donate to whomever he/she sees fit instead of allowg Gov to piss $ away
@Kubrick1989 What are you talking about? You don't know anything about 'Redlining" Of course the Gov is the primary culprit; hand they not gotten involved in the private sector in the 1st place, none of this would have happened. It just goes to show along with every other failed Gov program, the Gov needs to keep out of the private sector; they come up with a good idea in their minds, but their lack of real life experience ends up causing their idea to blow up in all of our faces.
@Kubrick1989 NO actually if the Gov had stayed out of it in the 1st place, there never would have been the opportunity for the subprime mess to occur. It's just another lesson that Gov should keep out of the Private Sector.
@WingThaiJ. In a socialist society everyone works because they can do anything they want. You get your home food clothes car everything in exchange. Thats true freedom. Capitalism you have to take a crap wage doing something you hate out of fear of losing your home. Why? because to compete with others your company layed you off. This is what americans call freedom. The system was always broken. Now focus on a better way. Individualism? Is a side effect of greed and capitalism.Charity /community
@maxaxxx62 That's total bullshit. You have a few people making the decisions for the masses; telling them what to do and when to do it how much they can or cannot make. Take a lesson from history, everything the Gov has tried to do has been and is a dismal failure; I'll list them for you if I must. How do you think the Solyndra fiasco occurred? People in charge who have no experience balancing budgets, etc.. Now U want them to control everything?
@maxaxxx62 Look at Gov run city parks versus privately owned; privately owned are immaculate and clean; the Gov owned employees people who don't give a crap other than collecting a paycheck. Socialistic policy is what lead to Greeces problems, entitlement nation, people want want want w/out having to put forth effort. People should be rewarded for their OWN efforts. For those who absolutely cannot fend on their own, then systems don't need to be obliterated to take care of them in a cap. society
@WingThaiJ You obviously dont know much. Our city parks are immaculate. "Own efforts" Once again you dont know what is important do you? Capitalism needs greed to function. Greed spawns individualism. You think your better than someone else? Your american thats why. You think a farmers job is less important than a doctor's? This is the mentality that mnakes you a menace to humanity. We are all on this planet together. Billions of us. It is your over inflated ego that thinks yor are significant
@maxaxxx62 Capitalism gives individuals the ability to venture out & make something of themselves & innovate, create & earn in accord w/their efforts. They are not responsible for those who choose to sit on their ass & do nothg but complain about the success of others. It allows people to donate to worthwhile charities instead of fork it over to a Gov who decides for them in as a result pisses the $ away on checks to dead people,prisoners, illegals & company's like Solyndra
@maxaxxx62 Being on this planet together means that those who earn and do well should help others of their own accord; it doesn't mean that a group of politicians who invariably work out schemes to their own benefit & that of lobbyists, get to tell everyone else what to do w/THEIR money! One job is not more important than another, a job is something one chooses to go into after deciding what THEY want to do for their living knowg income potential & all variables.
@maxaxxx62 Should U force me to come to your home &do your homework for U? If I get hired based on my qualifications,should my employer be forced to hire someone w/less qualifications? If I work my ass off to open&build a bus., should I be forced to hand my $ over to Obama so he can piss it away by giving it to Solyndra or should I have a choice what to do w/my own $ & donate to charities w/a proven track record of real charity? Should I allow the Gov to use my $ to foster dependence?
@maxaxxx62 Here's an idea! Let's make school teachers share all of the A students grades w/everyone else in the class; after-all, it should be a group effort huh? So what if some just aren't motivated to do anything, they should be given some of those grades. Hmm, how long before the A students decide it's not worth studyg themselves & also rely upon the rest of the class? Who's going to support everyone else?
@maxaxxx62 Take a look around, public parks are now seeking out private sector/money to keep them going. If you see a beautiful city park, it's likely because of the private sector. Privately owned 'anything' comes with it a pride of ownership whereas publicly owned 'anything' comes with it mostly lack of concern by those who are their for a pay check & have no personal interest in it.
@WingThaiJ #2 Your not significant wing nut. Capitalism will let you know you're just a number. (Socialism). If a plane crashed in a remote area each survivor would do whatever their skill set was to ensure the group survival. . You as an american wouldnt help anyone without getting paid for it.(capitalism) This example of socialism is demonstrative of how it works. I would not want more food or anything special just my fair share. You would claim ownership of the food and demand payment. Greedy
@maxaxxx62 #7 The article I posted is in plain laymen English that says it in a nutshell; read it. I know people who are collecting disability because 'He can't handle working anywhere" He mentally freaks out. Now, why can he do this? Because the system gives him the opportunity 'not to have to deal w/the reality of a working lifestyle' so he takes the path of least resistance & we are all supporting these people; they pro-create & teach their offspring to do the
@WingThaiJ In a socialist society this man could do anything he wants. This is good In capitalism he is forced to do work he hates and refuses to so. This is bad. No one has freedom in capitalism. You cant leave you job to raise your infant child cause you'll lose your house. Fear of losing is the capitalistic motivator. So is greed. How is this better? Oh ya you cant say its better because of deeply imbedded brainwashing.
@maxaxxx62 Socialism DOES NOT LAST, whats it about people like u who deny history. The greatest strides in U.S.A:CAPITALISM. Recall the commercial of lazy kid not promotg his lemonade stand while kid across street busts his ass promotg his lemonade who earns a $ only to have his dad come home & hand most of it over to lazy kid.Socialism breeds laziness&lack of incentive to innovate.It demotivates producers which ends up provdg less to them over time.There is NO justification forTHEFT
@maxaxxx62 #8.. same. People WILL NEVER all pull their own weight; it doesn't happen in reality. This is why REAL BUS PEOPLE KNOW Socialitic policy will never last or work in long term; hence, y we have Greece & Europe Today. Your ideas may show you care, but the problem is that you face the world of Reality & all Socialism does is create more poverty & more problems. I would rather have a system that allows me to work hard & earn in
@maxaxxx62 #9 accord w/my effort w/out some Bureaucrat tellg me what I can or cannot earn. W/my earngs & can provide more help to those in need in a proper way than the Gov can as the Gov just Pisses $ away; always has, always will as they don't answer for their mistake as they don't personally feel the financial sting.
@maxaxxx62 The article I gave u is indisputable; it's historical,fact. All idealism looks great on paper, NEVER works; socialism is the path to Dictatorships; investigate all Dictatorship origins. A Fisherman can fish for himself and his family; IT'S HIS CHOICE to help others, Not the Governments Choice; especially when the Gov has made bad choices over the yrs to head us in the direction of Greece. Shenzhen was turned around via capitalistic policy not socialism.
@maxaxxx62 You argue against what has already happen; you choose to ignore it; that's your choice. I choose to face reality... If I can keep more of what I earn, I can expand and employ more people, who can then learn how to run my type of business and pursue one of their own one day. The more you want to take away from me and give to someone who wants to sit home on their ass, the less incentive I have to expand & employee others. The more I benefit from my own wrk the more others will.
@maxaxxx62By your statement u don't even know what the 2 are.Socialism means u r a number because U R CONTROLLED by a FEW & dictate what you earn.Who should that be? Some asshole politician who is there to give u what U want w/out effort to gain your vote?I as an American DO help people on my own;I'm in med field & help many W/out health insurance. I'd rather not have my $ wasted by politicians makg deals w/company's like Solyndra,I'd rather donate $ where I know it will do some good
@maxaxxx62 Do You know Anything about the Tragedy of the Commons? Do you have eyes in your head? What happened throughout history w/socialism? EVERY dictatorship started this way. What is happening in Greece & Europe? R U That blind? U R an economic illiterate; you should start off by going to fee dot org & start your education off well so uninformed people like U don't force our country's self destruction
@maxaxxx62 Why don't you cruise the neighborhood and figure out who has more than you personally believe they need and simply rob their house? What is the difference between this & assuming U or others have a right to determine what the market should bear for an innovator or entrepreneur? If you don't like income disparity, STOP BUYING THEIR PRODUCTS &/OR SERVICES! Producers make their own Pie, Socialists want a slice of that pie instead of encouraging others to Produce their own Pie
@maxaxxx62 You analogy of not helping unless getting paid isn't even a serious attempt to be realistic. Everything to people like u is one extreme or the other. No, I would help, I would not need the Gov to force me to help either like u think the Gov should do. Tell me, do u or do u not know about the Tragedy of the Commons as it totally proves u100% WRONG! BTW, I do provide services to those underprivileged; this is better than handg my $ over to Solyndra, or dead people huh?
@WingThaiJ #3 you just dont see what kind of a greedy selfish individualistic society capitaism spawns. You are blinded by you won starspangled bulls^*t. You are so into yourself that the welfare of your neighbour means nothing. You are so far from being a person its funny. You care for yourself only. I get that. I am much bigger than that. I care for others as well. If you were sick I would want u cured. Socialism would see to it. Capitalism will let your broke ass die. Watch the movie John Q
@maxaxxx62 I think u are well meang, but what u fail to realize is that throughout history, Gov interjection has made nothg better; some people will benefit, but then you have Greece occur. People who r experts build their own bus., most who can't r unfortunately the one's who teach. Your idea is to FORCE people to give $ to an entity that has been proven inept to function & remain financially solvent. Private charities/churches do a better job then to Gov agencie & this can grow & is growg
@maxaxxx62 Article: #1Why Socialism Will Never Work (in a nutshell)Utopia, the perfect society, or according to one well known Senator, the perfect village...the theory of Socialism at its root is a wonderful theory. The idea that everyone in a society thrives, and that poverty becomes a thing of the past through collective hard work and compassion. What is wrong with this idea that so many "progressive" thinkers have
@maxaxxx62 #2 adopted as their life's ambition...simple, it does not work. The reason that the theory of Socialism does not work is complex, but it can be made simple for the purpose of this article, in short, it is a theory. The problem with a theory, or a concept, or an idea for that matter, is that they all look great on paper, in lab conditions, but when you try to enact them in the real world, the ugly truth about most theories begins to show. For Socialism to
@maxaxxx62 #3... work, every member of a society must pull their own weight. Take a look around, does that seem possible to you, as an intelligent life form? The truth is that Socialist are idealistic, and if they truly believe that Socialism will work in a real society, they are also naive. It has been proven that water will follow the path of least resistance, and in many ways, humans are like water. If you constantly give a person sustenance without requiring
@maxaxxx62 #4 them to work for that sustenance, they will never work. The old adage, give a man a fish, he will eat for a day, teach him to fish, he will eat for a lifetime is very pertinent to this discussion. If the government constantly gives men fish, why would they buy their own pole and bait a hook? The answer, they will not. Socialism will never work for the same reason that capitalism makes some people rich. In a capitalist market, those who work
@WingThaiJ How is the government to give a man a fish with out a fisherman doing the work to catch it. The fisherman has been taught to fish so that is his contribution. He fishes for everyone. The house builder builds for everyone including the fisherman whos fish the builder eats. Im begining to thjink you are metally challenged. Capitalism will only work if is world wide. It has never been ww. Do you understand this? You claim ppl know it wont work without ever trying it. & u believe it
@maxaxxx62 You Moron, the Fisherman is part of capitalism, he is the person who decides to WORK for a living & if he is ambitious enough, he can save his money & own his own Fishing boat one day like people I PERSONALLY KNOW in the fishing industry HAVE DONE! BTW, Obama's administration is destroyg the Fishing Industry, details upon request;ahhhh, Gov control, bunch of Morons who think they know how to run industries they have no experience in.
@maxaxxx62 The problem is that many don't want to be 'the fisherman' they want to be fed off the sweat of others. Again, research 'The Tragedy Of The Commons' ...
@maxaxxx62 #5 the hardest gain the most spoils. Removing the incentive for these hard workers to work, by redistributing their spoils, does nothing more than create mass poverty, it does not eliminate poverty. Look around, has socialism ever been successful? Were the bread lines of the Soviet Union a picture of success? If so, why is America, a capitalist nation, so much stronger in every facet of life than quasi-socialist nations like Cuba? Why do
@maxaxxx62 #....of Cubans risk their lives every year in an attempt to reach America? It seems so simple, and in fact it is. This life is a survival of the fittest, it is human nature, and as long as humans are involved in the equation, Socialism will never work.
@WingThaiJ Capitalism hasnt work yet. So why are so big on it? Because it works for some (you ) and not others that makes it ok? Screw the ones who want something different like peace and freedom. Weve had capitalism for 200 years and look at the world. Its pathic filled with greedy selfish heartless ppl like yourself. A world of killers. This is what you call the best system. You say nothing else can work even though the current way never has. Look at why I see you as a problem to the solution
@maxaxxx62 Screw nothg,I am currently risking my $by seeking out a loan to buy another medical rehab facility;I could loose my shirt by doing this. However, if I work hard,I believe it can pay off for me. I'm taking a massive risk w/this venture... Why? So I can support my family and hopefully employee many people & help more of those who need med. services.In other words,Capitalists help more people than Socialism ever could by providing jobs&incentive for them to duplicate what I do
@WingThaiJ 2000 years later we have a world on the brink of collapse and you are saying yay this great. Are you ok? I mean mentally. USA trains killers 24/7. I socialism there is nothing to steal... you want one go get it at the store. You are a lost soul. You think Obama runs programs? No dunce american citizens run the programs. Not governments or elected officials. Im not sure your are firmly planted in reality. I see man as capable of change You see him as you see yourself. Not to be trusted
@maxaxxx62 One more point; socialism almost killed the Pilgrims; thank goodness for land ownership and personal responsibility to save the day. My friend, you've been beat down to a pulp after you read that last mutlipart post I sent you; it's common sense and since you have no experience like my relative and those like him do, it's understandable that you would fall for the fanciful claims of socialism, but alas, it is all a lie.
@maxaxxx62 Here is your lesson on Socialism: PART A. Socialism is the Big Lie of the twentieth century. While it promised prosperity, equality, and security, it delivered poverty, misery, and tyranny. Equality was achieved only in the sense that everyone was equal in his or her misery.In the same way that a Ponzi scheme or chain letter initially succeeds but eventually collapses, socialism may show early signs of success. But any accomplishments quickly
@maxaxxx62 PART B: BIG LIE:fade as the fundamental deficiencies of central planning emerge. It is the initial illusion of success that gives government intervention its pernicious, seductive appeal. In the long run, socialism has always proven to be a formula for tyranny and misery.A pyramid scheme is ultimately unsustainable because it is based on faulty principles. Likewise, collectivism is unsustainable in the long run because it is a flawed theory.
@maxaxxx62 PART C BIG LIE:Socialism does not work because it is not consistent with fundamental principles of human behavior. The failure of socialism in countries around the world can be traced to one critical defect: it is a system that ignores incentives.In a capitalist economy, incentives are of the utmost importance. Market prices, the profit-and-loss system of accounting, and private property rights provide an efficient, interrelated system of
@maxaxxx62 PART D: incentives to guide and direct economic behavior. Capitalism is based on the theory that incentives matter!Under socialism, incentives either play a minimal role or are ignored totally. A centrally planned economy without market prices or profits, where property is owned by the state, is a system without an effective incentive mechanism to direct economic activity. By failing to emphasize incentives, socialism is a theory
@maxaxxx62 PART E: inconsistent with human nature and is therefore doomed to fail. Socialism is based on the theory that incentives don’t matter!In a radio debate several months ago with a Marxist professor from the University of Minnesota, I pointed out the obvious failures of socialism around the world in Cuba, Eastern Europe, and China. At the time of our debate, Haitian refugees were risking their lives trying to get to Florida in homemade
@maxaxxx62 PART F:boats. Why was it, I asked him, that people were fleeing Haiti and traveling almost 500 miles by ocean to get to the "evil capitalist empire" when they were only 50 miles from the "workers’ paradise" of Cuba?
The Marxist admitted that many "socialist" countries around the world were failing. However, according to him, the reason for failure is not that socialism is deficient, but that the socialist economies are not practicing "pure"
@maxaxxx62 PART G:socialism. The perfect version of socialism would work; it is just the imperfect socialism that doesn’t work. Marxists like to compare a theoretically perfect version of socialism with practical, imperfect capitalism which allows them to claim that socialism is superior to capitalism.If perfection really were an available option, the choice of economic and political systems would be irrelevant. In a world with perfect beings and infinite
@maxaxxx62 PART H:abundance, any economic or political system–socialism, capitalism, fascism, or communism–would work perfectly.However, the choice of economic and political institutions is crucial in an imperfect universe with imperfect beings and limited resources. In a world of scarcity it is essential for an economic system to be based on a clear incentive structure to promote economic efficiency. The real choice we
@maxaxxx62 PART I:face is between imperfect capitalism and imperfect socialism. Given that choice, the evidence of history overwhelmingly favors capitalism as the greatest wealth-producing economic system available.
The strength of capitalism can be attributed to an incentive structure based upon the three Ps: (1) prices determined by market forces, (2) a profit-and-loss system of accounting and (3) private property rights. The failure
@maxaxxx62 PART J: of socialism can be traced to its neglect of these three incentive-enhancing components.
The price system in a market economy guides economic activity so flawlessly that most people don’t appreciate its importance. Market prices transmit information about relative scarcity and then efficiently coordinate economic activity. The economic content of prices provides incentives that promote economic efficiency.For example, when
@maxaxxx62 PARK K (BIG LIE): the OPEC cartel restricted the supply of oil in the 1970s, oil prices rose dramatically. The higher prices for oil and gasoline transmitted valuable information to both buyers and sellers. Consumers received a strong, clear message about the scarcity of oil by the higher prices at the pump and were forced to change their behavior dramatically. People reacted to the scarcity by driving less, carpooling more, taking
@maxaxxx62 PART L BIG LIE:public transportation, and buying smaller cars. Producers reacted to the higher price by increasing their efforts at exploration for more oil. In addition, higher oil prices gave producers an incentive to explore and develop alternative fuel and energy sources.The information transmitted by higher oil prices provided the appropriate incentive structure to both buyers and sellers. Buyers increased their effort to conserve a
@maxaxxx62 PART M BIG LIE: now more precious resource and sellers increased their effort to find more of this now scarcer resource.The only alternative to a market price is a controlled or fixed price which always transmits misleading information about relative scarcity. Inappropriate behavior results from a controlled price because false information has been transmitted by an artificial, non-market price.Look at what happened during the 1970s when
@maxaxxx62 PART N BIG LIE: U.S. gas prices were controlled. Long lines developed at service stations all over the country because the price for gasoline was kept artificially low by government fiat. The full impact of scarcity was not accurately conveyed. As Milton Friedman pointed out at the time, we could have eliminated the lines at the pump in one day by allowing the price to rise to clear the market.From our experience with price controls on
@maxaxxx62 PART O:gasoline and the long lines at the pump and general inconvenience, we get an insight into what happens under socialism where every price in the economy is controlled. The collapse of socialism is due in part to the chaos and inefficiency that result from artificial prices. The information content of a controlled price is always distorted. This in turn distorts the incentives mechanism of prices under socialism. Administered prices are
@maxaxxx62 PART P BIG LIE: always either too high or too low, which then creates constant shortages and surpluses. Market prices are the only way to transmit information that will create the incentives to ensure economic efficiency. Profits and Losses Socialism also collapsed because of its failure to operate under a competitive, profit-and-loss system of accounting. A profit system is an effective monitoring mechanism which continually evaluates
@maxaxxx62 PART Q BIG LIE: the economic performance of every business enterprise. The firms that are the most efficient and most successful at serving the public interest are rewarded with profits. Firms that operate inefficiently and fail to serve the public interest are penalized with losses.By rewarding success and penalizing failure, the profit system provides a strong disciplinary mechanism which continually redirects resources away from
@maxaxxx62 PART R BIG LIE:weak, failing, and inefficient firms toward those firms which are the most efficient and successful at serving the public. A competitive profit system ensures a constant reoptimization of resources and moves the economy toward greater levels of efficiency. Unsuccessful firms cannot escape the strong discipline of the marketplace under a profit/loss system. Competition forces companies to serve the public interest
@maxaxxx62 PART S BIG LIE: or suffer the consequences.Under central planning, there is no profit-and-loss system of accounting to accurately measure the success or failure of various programs. Without profits, there is no way to discipline firms that fail to serve the public interest and no way to reward firms that do. There is no efficient way to determine which programs should be expanded and which ones should be contracted or terminated.
@maxaxxx62 PART T BIG LIE: Without competition, centrally planned economies do not have an effective incentive structure to coordinate economic activity. Without incentives the results are a spiraling cycle of poverty and misery. Instead of continually reallocating resources towards greater efficiency, socialism falls into a vortex of inefficiency and failure.Private Property Rights A third fatal defect of socialism is its blatant disregard for the role of
@maxaxxx62 PART U BIG LIE:private property rights in creating incentives that foster economic growth and development. The failure of socialism around the world is a "tragedy of commons" on a global scale.The "tragedy of the commons" refers to the British experience of the sixteenth century when certain grazing lands were communally owned by villages and were made available for public use. The land was quickly overgrazed and
@maxaxxx62 PART V BIG LIE: eventually became worthless as villagers exploited the communally owned resource.When assets are publicly owned, there are no incentives in place to encourage wise stewardship. While private property creates incentives for conservation and the responsible use of property, public property encourages irresponsibility and waste. If everyone owns an asset, people act as if no one owns it. And when no
@maxaxxx62 PART W BIG LIE: one owns it, no one really takes care of it. Public ownership encourages neglect and mismanagement. Since socialism, by definition, is a system marked by the "common ownership of the means of production," the failure of socialism is a "tragedy of the commons" on a national scale. Much of the economic stagnation of socialism can be traced to the failure to establish and promote private property rights.As Peruvian
@maxaxxx62 PART X BIG LIE: economist Hernando de Soto remarked, you can travel in rural communities around the world and you will hear dogs barking, because even dogs understand property rights. It is only statist governments that have failed to understand property rights. Socialist countries are just now starting to recognize the importance of private property as they privatize assets and property in Eastern Europe.Incentives Matter
@maxaxxx62 PART Y BIG LIE: Without the incentives of market prices, profit-and-loss accounting, and well-defined property rights, socialist economies stagnate and wither. The economic atrophy that occurs under socialism is a direct consequence of its neglect of economic incentives.No bounty of natural resources can ever compensate a country for its lack of an efficient system of incentives. Russia, for example, is one of the world’s
@maxaxxx62 PART Z BIG LIE wealthiest countries in terms of natural resources; it has some of the world’s largest reserves of oil, natural gas, diamonds, and gold. Its valuable farm land, lakes, rivers, and streams stretch across a land area that encompasses 11 time zones. Yet Russia remains poor. Natural resources are helpful, but the ultimate resources of any country are the unlimited resources of its people–human resources.By their failure to (Continue to PART Z2)
@maxaxxx62 PART Z2 BIG LIE: foster, promote, and nurture the potential of their people through incentive-enhancing institutions, centrally planned economies deprive the human spirit of full development. Socialism fails because it kills and destroys the human spirit–just ask the people leaving Cuba in homemade rafts and boats.As the former centrally planned economies move toward free markets, capitalism, and democracy, they look to the (Continue to Part Z3)
@maxaxxx62 PART Z3 BIG LIE: United States for guidance and support during the transition. With an unparalleled 250-year tradition of open markets and limited government, the United States is uniquely qualified to be the guiding light in the worldwide transition to freedom and liberty.We have an obligation to continue to provide a framework of free markets and democracy for the global transition to freedom. Our responsibility to the rest of the world is to (Continue to PART Z4)
@maxaxxx62 PART Z4 BIG LIE: continue to fight the seductiveness of statism around the world and here at home. The seductive nature of statism continues to tempt and lure us into the Barmecidal illusion that the government can create wealth.The temptress of socialism is constantly luring us with the offer: "give up a little of your freedom and I will give you a little more security." As the experience of this century has demonstrated, the bargain is tempting but ..(Continue to PART Z5)
@maxaxxx62 PART Z5 BIG LIE: never pays off. We end up losing both our freedom and our security.Programs like socialized medicine, welfare, social security, and minimum wage laws will continue to entice us because on the surface they appear to be expedient and beneficial. Those programs, like all socialist programs, will fail in the long run regardless of initial appearances. These programs are part of the Big Lie of socialism because they ignore the (CONTINUE TO PART Z6 BIG LIE)
@maxaxxx62 PART Z6 BIG LIE: important role of incentives. Socialism will remain a constant temptation. We must be vigilant in our fight against socialism not only around the globe but also here in the United States.The failure of socialism inspired a worldwide renaissance of freedom and liberty. For the first time in the history of the world, the day is coming very soon when a majority of the people in the world will live in free societies or societies ..(Continue to PART Z7 BIG LIE)
@maxaxxx62 PART Z7: rapidly moving towards freedom.Capitalism will play a major role in the global revival of liberty and prosperity because it nurtures the human spirit, inspires human creativity, and promotes the spirit of enterprise. By providing a powerful system of incentives that promote thrift, hard work, and efficiency, capitalism creates wealth.The main difference between capitalism and socialism is this: Capitalism works.
@maxaxxx62I have kids I want to help go to college,I have no tax payer funded retirement, nor should anyone. If I could keep more of my own $ I can open more facilities;hire more people &I could benefit from my own sweat &tears &build up my own retirement.Once I'm set I can offer donations&/or services to those in need better than the Gov can, whether via the many independently owned charitable services or other.Gov has a poor track record
@maxaxxx62 of picking winners.They r experts of nothg; private sector consists of true experts. All of the progress in our country came from Capitalism; all of the CRAP came from Gov Intrusion, from those who have no experience dealing w/what they deal with in real life; pencil pushers. In the end, America is founded on Capitalism & anyone who doesn't agree w/it should move to a country that is socialistic.Once Obama is out & the tax rates drop, watch bus. leaders move here, watch jobs bloom.
@maxaxxx62 People work in low paying jobs to begin with to gain experience; if they don't like the industry, they find work elsewhere. They take the low pay and learn. When they learn they can then take that knowledge and open their own business. It's called TRUE FREEDOM! Competition is what fosters improvements of services; the unions are screwing us all over; paramedics in our area use to get fired if they didn't meet the grade, but unions
@maxaxxx62 fought to keep their jobs so how safe is that suppose to make the public feel? Sorry, no GIMME GIMME I WANT I WANT BS in America; you have the free to learn, try & try again. America is Capitalism, PROVEN the best way to gain employment and no rich person is stopping others from doing the same. Reward for effort. Lazy bums shouldn't make as much $ if they choose not to work as hard.
@maxaxxx62 By saying this you show ignorance to reality & you are one of those who only needs to hear Obama talk about Fare share and merely believe him. Why do you or ANYONE need a slice of the pie? Why don't you do what they do & make your own pie, like Herman Cain did? U don't need a slice of someone else's pie w/Capitalism in America! There r a lot of Dominoes Pizza owners who worked in low positions learning the business; then opened their own.They're making their own (Pizza) Pie & $ Pie!
@WingThaiJ You are ignorant. The piece of the pie is "the pizza market" Still with franchising there is the original guy who makes all the money....Dominoes owners are just getting a piece of the big pie. You are obviously some little kid whith very limited knowledge of business. To say capitalism makes the most jobs just shows how wrong your way of thinking is.Capitalism kills jobs. Companies are always trying to get more profit by cutting costs...greed. You job is a cost they want to cut.
@maxaxxx62 You are a complete and total idiot; talk about a pot calling the kettle black. What? When your at a loss for words, this is your reply. You haven't replied to anything I've posted. I have my own business & the relative I spoke about who saw the benefits of Capitalism in Shenzen employees people world wide so I have access to the most comprehensive info you can get on REALITY based economics. Also, you might want to start your education at fee dot org.
@WingThaiJ If you knew anything about socialism you would know it has to be world wide to work. You cannot have socialism and capitalism together on the same planet. Socialism has never been given a chance. Capitalism has failed. We need something new. You say you want your kids to go to college. In a socialist country there would be no cost. How is paying outrageous tuition costs better than free? You are a warped person. Brainwashed by television. Capitalism kills.
@maxaxxx62 IT NEVER LASTS! What don't you get about this? Oh, that's right, you are caught up in theories and not interested in history and reality. Hell will freeze over (even though a literal one does not exist, lol) when I hand my liberties over to a few people to decide what I earn or not earn. Tuition costs ARE NOT free, that money has to come from somewhere & in America, it comes from Americans. No, you are warped because you have no real life
@maxaxxx62 experience in what works. I have access to Real People who employee people who would love to maintain their head quarters in the US, however, as other Gov have learned the lesson of Capitalism, they are more than willing to move to enjoy the Freedoms America was made to offer. America is about Capitalism, if you don't like it, move somewhere else.
@maxaxxx62 Maybe you should grit your teeth and see if you can get through a series of John Stossel shows where to even do direct comparisons for people; they reference historical events and PROVE Capitalism is far superior to Socialism. Socialists are not Business Savvy People, or they would understand that their system is futile for the long term, so if they can't do themselves, or want short cuts for lazy people, etc.. & have no real life
@maxaxxx62 experience creating jobs, they think socialism is great; but your all a bunch of perhaps well intended novices. Stossels show is good for lay people like you as they do a good job keeping the language simple enough of lay people to understand while proving that socialism is not as good as capitalism and socialism is not conducive with FREEDOM! It's our socialistic policy's that are the MAIN detriment to our country today; programs we cannot afford but could be better run w/out gov
@maxaxxx62 Yes, but u can create your own 'Pie' from that market. U don't have to steal the pie from others to survive or thrive. The franchisers have done all the work to make a packaged business, complete w/legal, paperwork & a structure, u have a Known Name so of course they have a right to be paid as a Franchiser. They make it easier to succeed.U have a choice whether to go that route or open your own from the ground up. I REALLY have to Explain this to you? What r u a garbage collector?
@maxaxxx62 I have to laugh every time I read this; I have direct contact with the former COO of LVS & he's employed people all over the world and was a University Professor, but the difference w/him and liberal professors is that he has REAL LIFE experience, while the lib profs push pencils & theories, ROFL.. Yes, take a look around the world, if you can't see that capitalism far outperforms socialism you are proving your Naivete and are a genuine Novice.
@maxaxxx62 Your a complete IDIOT! In socialism almost NO ONE works because they depend on someone else to do it! Look at ANY socialist country today and see the REALITY of socialism! EVERY socialist country is collapsing! Check out GREECE FOOL! YOU HAVE HEARD OF GREECE haven't you?
@leestauf You know so little about socialism. What you do know was taught by people opposed to it. Socialism HAS TO BE WORLDWIDE or it wont work. Capitalism doesnt work at all. In socialism everyone works. Capitalism you fool is a job KILLER. If you knew any thing you would realize that if every profit based company would gladly fire every employee and use robots. Capitalism causes companies to give you less for more to compete. In socialism everything is made to last forever cost is no issue.
@maxaxxx62 U say socialism has to be world wide to work? No, it needs EVERY single person to pull his/her own weight, something which we already know DOES NOT & HAS NEVER occurred. In only takes a few to drag the rest down. As a long time employee who now owns his own business, I'd rather work for incentives as would my employees; it's motivating. Workers who do great work will get paid more as a reward, those who don't make their own decisions.
@leestauf Capitalism. We can cure you and save your life...but since you cant afford the treatment you will have to die. Man 36yrs old dies of starvation outside a grocery store in Los Angeles. Father has to decide to buy food or elecricity. Woman 77 freezes to death in chicago apartment after heat was turned off for non payment. Man loses job after 27 years & loses pension when his company declairs bankruptsy and moves to Indonesia. This is the capitalism that you love.America sounds great!!!!
@maxaxxx62 You are spouting variables out of context; I'd like to know the entire set of circumstances with each and every case because of what is actually available. There are tons of services available to help people and often education as to how and where to get help is what is needed. Love how these people blurt out unfortunate events & assume it's all capitalism's fault.
@leestauf Capitalism is motivated by greed. You can't have one without the other. Greed and individualism, are the side efeects of greed. America has the most murders, the most rapes the most crime the most executions the most corruption the most bankruptsies, the most STD's the most suicides and the most debt. No one works in america because they cant find a job that pays enough. Thats because capitailsm always cutting jobs for profit..greed. Job killing system by nature. Capitalism don't work
@maxaxxx62 I guess you missed the J. Stossel episode called, "Greed Is Good." What's funny is that his show actually proves their claims all the time & his distractors can't stand the fact that they can't argue with facts. I have no problem w/people wanting to earn as much as they can as when they do, they benefit all through jobs, through their taxes (google how much tax they actually pay; not people like GE who pay nothg & are buddies w/Obama).. I agree w/fillg the tax loop holes & subsidies
@leestauf What can I say to someone who can look right at reality and not see it?! What can I say to someone who lives in a fairytale world?! Why don't you move to Greece or some similar socialist utopia if you don't live in one already? If you already do you must see it's failure and know that fools such as yourself are counting on a capitalist society and capitalists to pull your fat from the fire.
@leestauf maxaxxx will ignore this reality of Greece to him as it provides uncomfortable stimulus to his religious conviction of socialism.It will not register; anythg to make it easier for lazy people to make it on shirt ails of others is all he wants to hear. He doesn't realize that for socialism to even have a chance, everyone would have to participate equally & this goes against human nature; there will always be others to drag the rest down, just like the Tragedy of the Commons
@maxaxxx62 Yeah, I went back to look and indeed, you simply could not refute the info. I provided in multi-parts, hence, why you fail to mention anything written there.
@maxaxxx62 People get paid in accord with competition and worth; it's based on incentive... The harder you work, the more you can earn, then the more you can help others instead of an inept Gov who just pisses money away into failed programs
@WingThaiJ :D yeah right, talk to some one at Mcdonalds, which makes a crap ton of money(the entity), and how hard they have to work, ask them if they get paid for their "hard work". the whole system is screwed because of many, many things, one of those being people who would rather have slaves that worked for free(or just traded their poison food for labor).
@Swansen03 I believe you use words like 'brainwashing' & 'mentally challenged' as a self defense mechanism as you must be called that on a regular basis when you try to sell socialism as better than capitalism. McDonals was NEVER meant to support a family. It was ALWAYS a steepg stone for people to learn from. If one wishes, they can actively pursue management. Many banks will loan $ to someone w/this experience to open their own restaurant one day.
@WingThaiJ we don't live in a capitalism, capitalism can't exist in a global market, can't exist with multinational corporations, that is corporatism/fascism. I like real socialism, you have the word used wrong, they misinterpret the definition so people don't realize the true meaning of the word and its ideas. Socialism is democratic means of production. Like the workers own the factory/business/etc, collectively. "the take" film. argentina was privatized/deregulated, it collapsed.
The solution to the Global crisis is this. Create a global currency of equal value. Minting limitations are fixed by capita. De-privatize banks and have them turned into non profit governement institutions. "A safe place to keep your money". ELIMINATE the application of interest on all borrowed money. the govenment will do all the lending at zero interest. This will give citizens disposible income to buy consumer goods and generate growth and jobs. Anything less is futile problems will continue
@maxaxxx62 You must be crazy! The Gov hasn't run a program properly in America's history, you think we should let them hand all of this? The private sector is the ONLY way to go, GET GOV OUT OF THE PRIVATE SECTOR, that was the problem in the 1st place. Capitalism is America & the best to maximize an economy and employment. The Gov gets involved and screws everything up; do I really need to provide a list of all their failures? They have no expertise in anything; experts from from private sector
@WingThaiJ Capitalism is dead ...its all over. The only way a monetary system can survive now is eliminate the differences in currecie values world wide and eliiminate imteretst on borrowewd money. The government may set regulations but it will be people who do all the work. OR go 100% socalist worldwide. Stop finger pointing and deal with developing solutions. Stop saying "can't"........ its a word losers say over and over......BTW Capitalism IS the problem........it cant work without greed.
@maxaxxx62 Ridiculous The free market is what balances itself out &Gov Involvement is what screws everythg. Uobviously have not real life business experience to make such a comment. In the real world capitalism is what leads to the GREATEST number of jobs & who the hell do you want to tell you what to do w/your life & how much you can earn? Every great innovation came from it; every Gov program screws it up because whenever you go w/the premise of what should be or ought to be; shit hits the fan
@WingThaiJ Jajajaja Free market is so flawed. Technology eliminates jobs by the thousands everday. Competition eliminates thousands of jobs a day. Greed eliminates thousands of jobs a day. The need for employment increases by the tens of tousands every day, This is un sustainable. This is t
Unions are good for nothing, excepting fucking up the country just like the bastards in the democRAT party who ran the housing market into the ground. When are the dumbasses going to shut off The Simpsons and learn who has really fucked up this country. FDR, LBJ, Carter, Clinton and Obama. We ought to string all of 'em up by their teeny-tiny beanbags!
Cokie907 1 day ago
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@C
Fannie mae and Freddie mac as well as federal home loan banks will increase their commitment to minority home markets by 440 billion dollars." Bush 2002
(go to youtube search HOME OWNERSHIP AND PRESIDENT BUSH)
1. bush mandates fann and fred to increase ownerhship by 440 billion in 2002.
2. bush signs American dream downpayment act in 2003.
3. Bush 's treasury department preempts states law's on predatory mortgage lending in 2004.
4. 2004 SEC Net Capital Rule Deregulation
lmdslam 1 hour ago
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--->> Ron Paul 2012 -- MONEY BOMB --- TODAY!! <<---- ronpaul2012 . com
Donate toward preserving the liberties which our government has grossly perverted since the founding of our nation. Help restore our rights and freedoms.
"America will never be destroyed from the outside. If we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln
"The only thing necessary for the triumph of evil is for good men to do nothing" Edmund Burke
ronpaul2012hope 2 weeks ago
No No No. You got it all wrong. It was Unions! That's what brought down the economy. It was the 10 Percent of Americas Workforce that brought us to our knees. Not Political or Financial Corruption! Sheesh get it staight!
des100601 2 weeks ago
I thought this video was going to play Burning Down the House by Talking Heads.
rambonigga34 2 weeks ago
The tail wags the dog, not the other way around in FEDERAL RESERVE SYSTEM.
Bankers rule the economy. No president does anything other than what his banker masters tell him to do. The last president that tried JFK, got his head blown off.
LIARS LOANS were made, where the bankers were forcing the taxpayers to pay to ship all their jobs to Communist China.
They BANKERS //knew// everybody was going to be unemployed, but made the liars loans to them anyway.
BANKERS ARE THE ENEMY
centurion180ad 2 weeks ago
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For a different view on what the economy means for College Students.
Go to my blog @ walkercarmon . blogspot . com
WalkerTR121 3 weeks ago
Volume of subprime and nontraditional lending (ARM loans) from the top 25 nonprime lenders originated $105 billion in 2000.
Then after bush’s home ownership society in 2002 (go to youtube, search HOMEOWNERSHIP AND PRESIDENT BUSH)
it rose to $188 billion in 2002.
Bush sign's the American dream downpayment act.
$310 billion in 2003.
Jan. 04 the OCC trumps states rights and lets predatory mortgage lending explode.
$730 billion in 2004.
$1 trillion in 2005.
lmdslam 3 weeks ago
FUC-K AMERICAN SYSTEM AND AMERICAN RATING AGENCS
BLUESKYBLUE1990 3 weeks ago
It is immoral for the gov. to get involved in the economy. Senator Hatch for Utah- UTAH NEEDS TO TAKE HIM DOWN. He's trying to run again after freaking 36 years. He voted for TARP- dude when the gov. does anything with the economy it distorts the abilities of entrepreneurs to know what's coming. When they bail inefficient industries out- everyone gets hurt and the the market becomes sick- thrown into a perpetual drunken recession-
freesociety88 1 month ago
@freesociety88 The middleclass would not exist if there was no govt. involvement. The problem is when repubs. run govt. they sabotage govt. to fail to prove their philosophy of govt. is right, which makes our govt. get bigger and even more involved. Bush pushing fannie and freddie to the edge was sabotage. The short term gain would be great for his unemployment numbers but in the long run it was gonna crash and it did, fann and fred get the blame instead of bush and wall st. Genius.
lmdslam 4 weeks ago
@lmdslam What is so hard about seeing Gov waste $on a constant basis, see failed program after failed prog, from D's &/or R's,$ handed over to Solyndra (campaign donor) showg true bus. Naivte' while knowg they had problems, etc. $ to dead people, prisoners, illegals,digging into social security for other things, etc.. etc.. and not realize that GOV IS THE PROBLEM? Protection? OK; Construction? OK.. Anything else is allowing a rogue group of inept humans piss $ away, yet people want more via libs
DRABSOLUTETRUTH 3 weeks ago
@ There is nothing hard about seeing the waste, we find it and we fix it (9 billion saved in medicare fraud past two years), but do repubs. really want to fix it, no, they want to shrink govt. so its small enough to flush down a toilet. Supply side economics and republican rule has made our govt. even more corrupt,bigger and more wasteful. The repubs got power on saying how bad govt is and it became a self fullfilling prophecy. People play the system, and they eventually get caught.
lmdslam 3 weeks ago
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"Fannie mae and Freddie mac as well as federal home loan banks will increase their commitment to minority home markets by 440 billion dollars." Bush 2002
1. bush mandates fann and fred to increase ownerhship by 440 billion in 2002.
2. bush signs American dream downpayment act in 2003.
3. Bush 's treasury department preempts states law's on predatory mortgage lending in 2004.
4. 2004 SEC Net Capital Rule Deregulation
lmdslam 1 month ago
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Support Ron Paul.
Google "Political positions of Ron Paul" And look at the Wiki links or ThePoliticalGuide
Less government spending, less taxation to American Citizens, a budget plan that works.
This man has been fighting for your personal freedom and the separation of congress from big business for years.
He is a man who stands against the war on drugs, the foreign wars, and corporate bail outs.
Vote for liberty this year. Vote for real change.
Thumbs up and spread the message!
RapsAlive 1 month ago
Both sides twist the facts in a way which is convenient to their world views. What really happened was that firms bought tons of illiquid assets with borrowed money and couldn't meet the margin. The fact that many of these assets were backed by bad mortgages is ancillary. If you're leveraged 50:1, you'd better own stuff you have clear market value on (like stocks or treasuries) and stuff you can sell in pinch. This why you can get 400:1 leverage on forex, but otherwise, its nuts!
MrSaemisch 1 month ago
What caused the housing collapse was government intervention. What kept the collapse going? more government intervention with bank bailouts and TARP... We need to hold those politicians responsible for voting for such. Conservative Hypocrites like Senator Orrin Hatch of Utah, Richard Lugar of Indiana, and Olympia Snowe of Maine are all up for reelection this year. We as the people need to show them that the banks don't need bailouts, the people need their liberty.
32gtd 1 month ago
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You forgot
2000: Commodity Futures Modernization Act pg. 262
Bush Feb. 2004 Federal Preemption of State Anti-Predatory Lending laws?
Freddie Mac May 2004 offering no doc stated income loan programs to private lenders ( maybe it was Newts historic advice).
Sept. 2004 FBI warning of mortgage fraud epidemic.
Beingreal40 1 month ago
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Contest started: goo.gl\ZoAiK - obtain Nintendo 3DS Console.
kelertonas 1 month ago
Obama crushed McCain in 2008. Quick, make another video for the G.O.P. candidate in 2012.
ChosenMunye 1 month ago
:D this is funny, i mean, sure their are truths, but, its ssooo one sided, and makes the republicans out to be anything different than the democrats. Come on, play to people biased, that is just a useless war, this vs that, us vs them. We are the most divided nation in the world because we listen to politicians about some lame broad reaching parties that cover no one in reality. garbage that.
Swansen03 1 month ago
@Swansen03I don't listen to politicians,I listen to those who worked their way from rags to rich &emplyeed people people wrld-wide&w/out Unions,who have employees who love them.These people KNOW how real economics wrk in REAL WORLD.Every1 else is basing beliefs upon jealousy&ignorance.Anythg resemblg socialism has ALREADY been proven a failure,yet even lookg at entitlement nation like Greece& at Europe isn't enough to convince the religiously connected that socialist policy is BS
WingThaiJ 1 month ago
@WingThaiJ Worldwide? i don't want to be employed by some one worldwide, and, what are you arguing, this system has failed/is failing? there are no arguing points there, if you take our various aspects then its not the same system, this is not capitalism, this is corporate fascism. Socialism has nothing to do with government, socialism is a business term, meaning democratic means of production. Also, your only point of view on unions are broken corrupt run by the corporation american unions..
Swansen03 1 month ago
@Swansen03 Yes, worldwide, by people who know via 1st hand experience what it takes to make business work and to employee the most people. Socialism is ALL Government, it's about the many controlled by the few. No Gov should DICTATE what anyone earns, they are not their Supreme Beings or Gods. Who should we allow force us to earn what they think we should earn? Read the article WHY SOCIALISM FAILED Mark Perry Google it; it is UNDENIABLE...
WingThaiJ 1 month ago
@WingThaiJ you apparently missed my mailbox metaphor... you are following what you've heard, not your own ideas, you are talking about totalitarianism, not socialism, we've never seen a REAL communism on a national level, your are just stating beliefs, "beliefs", that you're heard from some one else, plagiarism. But its ok that the CEOs dictate what we earn? how is that any different? most of those were born into those positions. right now the many are controlled by the few.. thats corporatism.
Swansen03 1 month ago
@Swansen03 No,I’m stating what can be easily found in history. Capitalism,freedom to endeavor to profit from self responsibility &innovation is what put America ahead of all else.FREE MARKET dictates what we earn People are paid what the market dictates & if an employee wants to earn more, he strives for entrepreneurship. brought us medical innovation, scientific innovation, on a scale socialism could never do. Socialism: Dictatorship tellg u what to do; when to do it; how much
WingThaiJ 1 month ago
@WingThaiJ this will be my last comment here. You haven't replied/listened to a single thing i've said, and history dictates that ZERO economic systems have worked, or else they would still be in existence. WE DO NOT LIVE IN A CAPITALISM!! .....therefore your points while valid, and i agree with them on the bases of a capitalist system, have no merit, because they do not apply to our current societal/economic system. Also, your leaving out A LOT of carnage in the Chinese example. nice chatting
Swansen03 1 month ago
@Swansen03 Wow, talk about the Pot calling the Kettle Black. Isn't it obvious to u that the aspects of our economy which yielded the most fruit was via private sector / entrepreneurship, etc.c.? Of course it is; capitalistic principles. No in Shen zhen (sp?) there was no carniage, just economic growth via capitalistic policy
WingThaiJ 1 month ago
@Swansen03 That's the point, it is the capitalistic policies that have allowed us to grow; once we get Obama out of office, Businesses will be able to formulate a budget again, the regulations sound good to lay people, but they are about as clear as a Foggy night in London; Lawyers can't even figure them out & Obama makes it sound like common sense.. Obama is spendg us into oblivion, conservative economics is the only thing that can save us now; just look at Greece & it's obvious
WingThaiJ 1 month ago
@WingThaiJ i know i said i wasn't going to comment again, so i'll just leave with questions to think about. You really think obama makes any decisions? you really believe the "republicans" care at all about people?(likewise, any different than "democrats) you think the "government" runs itself?(corporations own the government).we don't live in a capitalism...(therefore the "policies" won't apply) There are no presidents, and we don't elect them(never have, but past 15 or so have been puppets)
Swansen03 1 month ago
@Swansen03 I've heard such conspiracy theories before; those I know closer than you or I could ever be, know people on a personal level say otherwise. In any event, it is a theory, nothing more. We have no choice but to work w/whatever it is we have presented before us, so if I must make a choice between 2 evils, I will choose whatever allows us to have the least Gov & allows ALL to keep most of their hard earned $ & to decide for themselves whom to donate to.
WingThaiJ 1 month ago
@WingThaiJ Look, not dems or repubs can plan the economy. The recovery is occurring now, but it is slow. We rapid growth returns, it will not be because of low taxes, rolled back regulation, or investments in education or infrastructure. It will be caused by factors now we that are beyond our comprehension. An entirely new industry will emerge, events will happen overseas that nobody now predicts. All the government can do is make sure that we are ready when true recovery comes.
MrSaemisch 1 month ago
@MrSaemisch Actually rolled back regs would help; no , I don't know what will happen, it may actually be too late; however, left w/the only choices we have, whether it will help or not; regulations right now from what I understand are undecipherable, this along with Obamacare are certainly going to stifle growth of businesses and already has.
WingThaiJ 1 month ago
@Swansen03 PART B:When the Pilgrims first settled the Plymouth Colony, they organized their farm economy along communal lines. The goal was to share everything equally, work and produce.They nearly all starved.
WingThaiJ 1 month ago
@Swansen03 PART C: Why? When people can get the same return with a small amount of effort as with a large amount, most people will make little effort. Plymouth settlers faked illness rather than working the common property. Some even stole, despite their Puritan
WingThaiJ 1 month ago
@Swansen03 PART D: convictions. Total production was too meager to support the population, and famine resulted. Some ate rats, dogs, horses and cats. This went on for two years."So as it well appeared that
WingThaiJ 1 month ago
@Swansen03 PART E: famine must still ensue the next year also, if not some way prevented," wrote Gov. William Bradford in his diary. The colonists, he said, "began to think how they might raise as much corn as
WingThaiJ 1 month ago
@Swansen03 PART F: they could, and obtain a better crop than they had done, that they might not still thus languish in misery. At length after much debate of things, [I] (with the advice of the chiefest among them) gave way that they should set corn every man for his own particular, and in that regard trust to themselves. … And so assigned to every family a parcel of land."The people of Plymouth moved from socialism to private farming.
WingThaiJ 1 month ago
@WingThaiJ but, i'm not going to sit here and go back and forth with you, i see you enjoy carrying around those stones and the beliefs you have carved on them. NO!, listen NO! system will work based upon consumption, a global economy is just pushing for more control. there are ZERO viable economic systems based upon money and consuming limited resources. end. anywho, thats all i have. take care. :)
Swansen03 1 month ago
@Swansen03 It’s quite simple. Capitalism is FREEDOM, everyone’s right to purse the American Dream & Y so many come to this country, Y America has thrived & what Asia is using to turn impoverished villages into economic success stories (my relative even relates his comme friends in Asia acknowledge Capitalism works). We will do everythg possible to prevent Obama from turng us into a 3rd world country via his socialistic policies & spendg us over a cliff.
WingThaiJ 1 month ago
@Swansen03 Ref. to be supplied: PART A: When the Pilgrims first settled the Plymouth Colony, they organized their farm economy along communal lines. The goal was to share everything equally, work and produce.
WingThaiJ 1 month ago
@WingThaiJ but this isn't even the issue, its like there are a bunch of people looking at a mailbox, they are all arguing about what color it is, and its shape, i come up to it, listen for a minute, and then talk when everyone finished. I tell them its maroon and a parallelogram. They sit and think about it, realizing its true, and made a parallelogram and not a square on accident, and hate maroon, but then go on arguing about how its not those things because it doesn't fit their beliefs..
Swansen03 1 month ago
Can you upload the sources i could really use them!
Anas911112 1 month ago
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OBAMA is the WALL STREET PRESIDENT.
tigerhop 2 months ago
Unfortunately the occupiers believe that wall street is an entity in and of itself creating this massive problem. Fact is, wall street is money that you and I may have put pension money into and lost our shirts to the low lifes that took it when the bubble looked like it was going to pop. Too bad they didn't listen to GWBush in 2002.
NPcindy 2 months ago
P_I_G_S = Portugal, Italy, Greece, and Spain.....Economic turmoil!!!
Akuma0621 2 months ago
@Akuma0621 Yes, and these moronic liberals think that somehow we'll be fine if we do what they did!
WingThaiJ 1 month ago
Thank you to the people who put together this video. It's been a long time coming. we must FIGHT THE POWER!!!!!! Why aren't the bums being hanged in the public square? Well, I guess this is America, so we don't do that. But it is our responsibility as citizens to stand up, and VOTE THE BUMS OUT!!!!! DOWNSIZE GOVERNMENT NOW!!!!!!
tigerhop 2 months ago
@tigerhop ツ♥ܓ
stickyresults 2 months ago
Thank you to the people who put together this video. It's been a long time coming. we must FIGHT THE POWER!!!!!!
tigerhop 2 months ago
@tigerhop Fight the Power? So,if you bust your ass & build a business & do things lawfully, employ people & people choose to by your products; you are now someone who should be fought against because someone else didn't do what you did? Agree, get rid of Gov welfare & subsidies to corporations, other than that, I think I'll try to find a way to become wealthy; that way I can help my family and others.
WingThaiJ 1 month ago
Who ever made this really nailed it. Not enough people have the time to sift through all the articles and papers and figure out how everything is connected. This video puts it succinctly, and drives the point home that government should NOT be in the housing market, or ANY OTHER MARKET. Government needs to be scaled back to it's constitutional framework. Otherwise, the constitution won't matter pretty soon, if the powers that be stay in place.
tigerhop 2 months ago
Abolish the FED. Have governments take over banks and make them non profit institutions of saving and lending. Eliminate all applied interest on borrowed money. Problem solved. Taves will cover govenment spending not the interest applied to the spending. Outlaw the application of interest world wide. Citizens will have disposible income to buy products and create jobs making all the new products they can now afford to buy. Anyone have a problem with that?
maxaxxx62 3 months ago
purely at the government are just lost. I pity you. You are blind and cannot see. And I have only referred to the financial industry. Do you want food and drug manufacturers policing themselves? And what about OSHA? They just get in the way, right? Let's privatize the roads and you can pay tolls everywhere you go. You would be so pissed. You wouldn't miss government until it was gone. Incidentally I believe in a regulated free market. That is not a contradiction. Rather a fair playing field.
bent139 3 months ago
@bent139 No body wants Gov to go away, they just want Gov to do what they are suppose to do constitutionally. The basic principles of the constitution NEVER changes & that includes limitg Gov. They are not suppose to be stealg $ to give to others, especially when everythg they do that goes against the constitution fails, includg the post office. It's not different than robbg a nice house on your block 'cause u think they have more than they need
WingThaiJ 1 month ago
@Kubrick1989 Pubs r for smaller Gov NOW which ALWAYS yields more jobs; Gov has a history of failed &failing programs trying to divert other people's $ elsewhere only to learn it was all a waste; hence, y so many studies have found the Obama stimulus to be a complete & utter waste. You cannot interfere w/the natural flow of free markets w/out causing problems. Whoever puts forth the effort deserves the rewards & deserves to donate to whomever he/she sees fit instead of allowg Gov to piss $ away
WingThaiJ 3 months ago
@Kubrick1989 What are you talking about? You don't know anything about 'Redlining" Of course the Gov is the primary culprit; hand they not gotten involved in the private sector in the 1st place, none of this would have happened. It just goes to show along with every other failed Gov program, the Gov needs to keep out of the private sector; they come up with a good idea in their minds, but their lack of real life experience ends up causing their idea to blow up in all of our faces.
WingThaiJ 3 months ago
@Kubrick1989 NO actually if the Gov had stayed out of it in the 1st place, there never would have been the opportunity for the subprime mess to occur. It's just another lesson that Gov should keep out of the Private Sector.
WingThaiJ 3 months ago
@WingThaiJ. In a socialist society everyone works because they can do anything they want. You get your home food clothes car everything in exchange. Thats true freedom. Capitalism you have to take a crap wage doing something you hate out of fear of losing your home. Why? because to compete with others your company layed you off. This is what americans call freedom. The system was always broken. Now focus on a better way. Individualism? Is a side effect of greed and capitalism.Charity /community
maxaxxx62 3 months ago
@maxaxxx62 That's total bullshit. You have a few people making the decisions for the masses; telling them what to do and when to do it how much they can or cannot make. Take a lesson from history, everything the Gov has tried to do has been and is a dismal failure; I'll list them for you if I must. How do you think the Solyndra fiasco occurred? People in charge who have no experience balancing budgets, etc.. Now U want them to control everything?
WingThaiJ 3 months ago
@maxaxxx62 Look at Gov run city parks versus privately owned; privately owned are immaculate and clean; the Gov owned employees people who don't give a crap other than collecting a paycheck. Socialistic policy is what lead to Greeces problems, entitlement nation, people want want want w/out having to put forth effort. People should be rewarded for their OWN efforts. For those who absolutely cannot fend on their own, then systems don't need to be obliterated to take care of them in a cap. society
WingThaiJ 3 months ago
@WingThaiJ You obviously dont know much. Our city parks are immaculate. "Own efforts" Once again you dont know what is important do you? Capitalism needs greed to function. Greed spawns individualism. You think your better than someone else? Your american thats why. You think a farmers job is less important than a doctor's? This is the mentality that mnakes you a menace to humanity. We are all on this planet together. Billions of us. It is your over inflated ego that thinks yor are significant
maxaxxx62 3 months ago
@maxaxxx62 Capitalism gives individuals the ability to venture out & make something of themselves & innovate, create & earn in accord w/their efforts. They are not responsible for those who choose to sit on their ass & do nothg but complain about the success of others. It allows people to donate to worthwhile charities instead of fork it over to a Gov who decides for them in as a result pisses the $ away on checks to dead people,prisoners, illegals & company's like Solyndra
WingThaiJ 1 month ago
@maxaxxx62 Being on this planet together means that those who earn and do well should help others of their own accord; it doesn't mean that a group of politicians who invariably work out schemes to their own benefit & that of lobbyists, get to tell everyone else what to do w/THEIR money! One job is not more important than another, a job is something one chooses to go into after deciding what THEY want to do for their living knowg income potential & all variables.
WingThaiJ 1 month ago
@maxaxxx62 Should U force me to come to your home &do your homework for U? If I get hired based on my qualifications,should my employer be forced to hire someone w/less qualifications? If I work my ass off to open&build a bus., should I be forced to hand my $ over to Obama so he can piss it away by giving it to Solyndra or should I have a choice what to do w/my own $ & donate to charities w/a proven track record of real charity? Should I allow the Gov to use my $ to foster dependence?
WingThaiJ 1 month ago
@maxaxxx62 Here's an idea! Let's make school teachers share all of the A students grades w/everyone else in the class; after-all, it should be a group effort huh? So what if some just aren't motivated to do anything, they should be given some of those grades. Hmm, how long before the A students decide it's not worth studyg themselves & also rely upon the rest of the class? Who's going to support everyone else?
WingThaiJ 1 month ago
@maxaxxx62 Take a look around, public parks are now seeking out private sector/money to keep them going. If you see a beautiful city park, it's likely because of the private sector. Privately owned 'anything' comes with it a pride of ownership whereas publicly owned 'anything' comes with it mostly lack of concern by those who are their for a pay check & have no personal interest in it.
WingThaiJ 1 month ago
@WingThaiJ #2 Your not significant wing nut. Capitalism will let you know you're just a number. (Socialism). If a plane crashed in a remote area each survivor would do whatever their skill set was to ensure the group survival. . You as an american wouldnt help anyone without getting paid for it.(capitalism) This example of socialism is demonstrative of how it works. I would not want more food or anything special just my fair share. You would claim ownership of the food and demand payment. Greedy
maxaxxx62 3 months ago
@maxaxxx62 #7 The article I posted is in plain laymen English that says it in a nutshell; read it. I know people who are collecting disability because 'He can't handle working anywhere" He mentally freaks out. Now, why can he do this? Because the system gives him the opportunity 'not to have to deal w/the reality of a working lifestyle' so he takes the path of least resistance & we are all supporting these people; they pro-create & teach their offspring to do the
WingThaiJ 3 months ago
@WingThaiJ In a socialist society this man could do anything he wants. This is good In capitalism he is forced to do work he hates and refuses to so. This is bad. No one has freedom in capitalism. You cant leave you job to raise your infant child cause you'll lose your house. Fear of losing is the capitalistic motivator. So is greed. How is this better? Oh ya you cant say its better because of deeply imbedded brainwashing.
maxaxxx62 3 months ago
@maxaxxx62 Socialism DOES NOT LAST, whats it about people like u who deny history. The greatest strides in U.S.A:CAPITALISM. Recall the commercial of lazy kid not promotg his lemonade stand while kid across street busts his ass promotg his lemonade who earns a $ only to have his dad come home & hand most of it over to lazy kid.Socialism breeds laziness&lack of incentive to innovate.It demotivates producers which ends up provdg less to them over time.There is NO justification forTHEFT
WingThaiJ 1 month ago
@maxaxxx62 #8.. same. People WILL NEVER all pull their own weight; it doesn't happen in reality. This is why REAL BUS PEOPLE KNOW Socialitic policy will never last or work in long term; hence, y we have Greece & Europe Today. Your ideas may show you care, but the problem is that you face the world of Reality & all Socialism does is create more poverty & more problems. I would rather have a system that allows me to work hard & earn in
WingThaiJ 3 months ago
@maxaxxx62 #9 accord w/my effort w/out some Bureaucrat tellg me what I can or cannot earn. W/my earngs & can provide more help to those in need in a proper way than the Gov can as the Gov just Pisses $ away; always has, always will as they don't answer for their mistake as they don't personally feel the financial sting.
WingThaiJ 3 months ago
@maxaxxx62 The article I gave u is indisputable; it's historical,fact. All idealism looks great on paper, NEVER works; socialism is the path to Dictatorships; investigate all Dictatorship origins. A Fisherman can fish for himself and his family; IT'S HIS CHOICE to help others, Not the Governments Choice; especially when the Gov has made bad choices over the yrs to head us in the direction of Greece. Shenzhen was turned around via capitalistic policy not socialism.
WingThaiJ 3 months ago
@maxaxxx62 You argue against what has already happen; you choose to ignore it; that's your choice. I choose to face reality... If I can keep more of what I earn, I can expand and employ more people, who can then learn how to run my type of business and pursue one of their own one day. The more you want to take away from me and give to someone who wants to sit home on their ass, the less incentive I have to expand & employee others. The more I benefit from my own wrk the more others will.
WingThaiJ 3 months ago
@maxaxxx62By your statement u don't even know what the 2 are.Socialism means u r a number because U R CONTROLLED by a FEW & dictate what you earn.Who should that be? Some asshole politician who is there to give u what U want w/out effort to gain your vote?I as an American DO help people on my own;I'm in med field & help many W/out health insurance. I'd rather not have my $ wasted by politicians makg deals w/company's like Solyndra,I'd rather donate $ where I know it will do some good
WingThaiJ 1 month ago
@maxaxxx62 Do You know Anything about the Tragedy of the Commons? Do you have eyes in your head? What happened throughout history w/socialism? EVERY dictatorship started this way. What is happening in Greece & Europe? R U That blind? U R an economic illiterate; you should start off by going to fee dot org & start your education off well so uninformed people like U don't force our country's self destruction
WingThaiJ 1 month ago
@maxaxxx62 Why don't you cruise the neighborhood and figure out who has more than you personally believe they need and simply rob their house? What is the difference between this & assuming U or others have a right to determine what the market should bear for an innovator or entrepreneur? If you don't like income disparity, STOP BUYING THEIR PRODUCTS &/OR SERVICES! Producers make their own Pie, Socialists want a slice of that pie instead of encouraging others to Produce their own Pie
WingThaiJ 1 month ago
@maxaxxx62 You analogy of not helping unless getting paid isn't even a serious attempt to be realistic. Everything to people like u is one extreme or the other. No, I would help, I would not need the Gov to force me to help either like u think the Gov should do. Tell me, do u or do u not know about the Tragedy of the Commons as it totally proves u100% WRONG! BTW, I do provide services to those underprivileged; this is better than handg my $ over to Solyndra, or dead people huh?
WingThaiJ 1 month ago
@WingThaiJ #3 you just dont see what kind of a greedy selfish individualistic society capitaism spawns. You are blinded by you won starspangled bulls^*t. You are so into yourself that the welfare of your neighbour means nothing. You are so far from being a person its funny. You care for yourself only. I get that. I am much bigger than that. I care for others as well. If you were sick I would want u cured. Socialism would see to it. Capitalism will let your broke ass die. Watch the movie John Q
maxaxxx62 3 months ago
@maxaxxx62 I think u are well meang, but what u fail to realize is that throughout history, Gov interjection has made nothg better; some people will benefit, but then you have Greece occur. People who r experts build their own bus., most who can't r unfortunately the one's who teach. Your idea is to FORCE people to give $ to an entity that has been proven inept to function & remain financially solvent. Private charities/churches do a better job then to Gov agencie & this can grow & is growg
WingThaiJ 3 months ago
@maxaxxx62 Article: #1Why Socialism Will Never Work (in a nutshell)Utopia, the perfect society, or according to one well known Senator, the perfect village...the theory of Socialism at its root is a wonderful theory. The idea that everyone in a society thrives, and that poverty becomes a thing of the past through collective hard work and compassion. What is wrong with this idea that so many "progressive" thinkers have
WingThaiJ 3 months ago
@maxaxxx62 #2 adopted as their life's ambition...simple, it does not work. The reason that the theory of Socialism does not work is complex, but it can be made simple for the purpose of this article, in short, it is a theory. The problem with a theory, or a concept, or an idea for that matter, is that they all look great on paper, in lab conditions, but when you try to enact them in the real world, the ugly truth about most theories begins to show. For Socialism to
WingThaiJ 3 months ago
@maxaxxx62 #3... work, every member of a society must pull their own weight. Take a look around, does that seem possible to you, as an intelligent life form? The truth is that Socialist are idealistic, and if they truly believe that Socialism will work in a real society, they are also naive. It has been proven that water will follow the path of least resistance, and in many ways, humans are like water. If you constantly give a person sustenance without requiring
WingThaiJ 3 months ago
@maxaxxx62 #4 them to work for that sustenance, they will never work. The old adage, give a man a fish, he will eat for a day, teach him to fish, he will eat for a lifetime is very pertinent to this discussion. If the government constantly gives men fish, why would they buy their own pole and bait a hook? The answer, they will not. Socialism will never work for the same reason that capitalism makes some people rich. In a capitalist market, those who work
WingThaiJ 3 months ago
@WingThaiJ How is the government to give a man a fish with out a fisherman doing the work to catch it. The fisherman has been taught to fish so that is his contribution. He fishes for everyone. The house builder builds for everyone including the fisherman whos fish the builder eats. Im begining to thjink you are metally challenged. Capitalism will only work if is world wide. It has never been ww. Do you understand this? You claim ppl know it wont work without ever trying it. & u believe it
maxaxxx62 3 months ago
@maxaxxx62 You Moron, the Fisherman is part of capitalism, he is the person who decides to WORK for a living & if he is ambitious enough, he can save his money & own his own Fishing boat one day like people I PERSONALLY KNOW in the fishing industry HAVE DONE! BTW, Obama's administration is destroyg the Fishing Industry, details upon request;ahhhh, Gov control, bunch of Morons who think they know how to run industries they have no experience in.
WingThaiJ 1 month ago
@maxaxxx62 The problem is that many don't want to be 'the fisherman' they want to be fed off the sweat of others. Again, research 'The Tragedy Of The Commons' ...
WingThaiJ 1 month ago
@maxaxxx62 #5 the hardest gain the most spoils. Removing the incentive for these hard workers to work, by redistributing their spoils, does nothing more than create mass poverty, it does not eliminate poverty. Look around, has socialism ever been successful? Were the bread lines of the Soviet Union a picture of success? If so, why is America, a capitalist nation, so much stronger in every facet of life than quasi-socialist nations like Cuba? Why do
WingThaiJ 3 months ago
@maxaxxx62 #....of Cubans risk their lives every year in an attempt to reach America? It seems so simple, and in fact it is. This life is a survival of the fittest, it is human nature, and as long as humans are involved in the equation, Socialism will never work.
WingThaiJ 3 months ago
@WingThaiJ Capitalism hasnt work yet. So why are so big on it? Because it works for some (you ) and not others that makes it ok? Screw the ones who want something different like peace and freedom. Weve had capitalism for 200 years and look at the world. Its pathic filled with greedy selfish heartless ppl like yourself. A world of killers. This is what you call the best system. You say nothing else can work even though the current way never has. Look at why I see you as a problem to the solution
maxaxxx62 3 months ago
@maxaxxx62 Screw nothg,I am currently risking my $by seeking out a loan to buy another medical rehab facility;I could loose my shirt by doing this. However, if I work hard,I believe it can pay off for me. I'm taking a massive risk w/this venture... Why? So I can support my family and hopefully employee many people & help more of those who need med. services.In other words,Capitalists help more people than Socialism ever could by providing jobs&incentive for them to duplicate what I do
WingThaiJ 1 month ago
@WingThaiJ 2000 years later we have a world on the brink of collapse and you are saying yay this great. Are you ok? I mean mentally. USA trains killers 24/7. I socialism there is nothing to steal... you want one go get it at the store. You are a lost soul. You think Obama runs programs? No dunce american citizens run the programs. Not governments or elected officials. Im not sure your are firmly planted in reality. I see man as capable of change You see him as you see yourself. Not to be trusted
maxaxxx62 3 months ago
@maxaxxx62 One more point; socialism almost killed the Pilgrims; thank goodness for land ownership and personal responsibility to save the day. My friend, you've been beat down to a pulp after you read that last mutlipart post I sent you; it's common sense and since you have no experience like my relative and those like him do, it's understandable that you would fall for the fanciful claims of socialism, but alas, it is all a lie.
WingThaiJ 3 months ago
@maxaxxx62 Here is your lesson on Socialism: PART A. Socialism is the Big Lie of the twentieth century. While it promised prosperity, equality, and security, it delivered poverty, misery, and tyranny. Equality was achieved only in the sense that everyone was equal in his or her misery.In the same way that a Ponzi scheme or chain letter initially succeeds but eventually collapses, socialism may show early signs of success. But any accomplishments quickly
WingThaiJ 3 months ago
@maxaxxx62 PART B: BIG LIE:fade as the fundamental deficiencies of central planning emerge. It is the initial illusion of success that gives government intervention its pernicious, seductive appeal. In the long run, socialism has always proven to be a formula for tyranny and misery.A pyramid scheme is ultimately unsustainable because it is based on faulty principles. Likewise, collectivism is unsustainable in the long run because it is a flawed theory.
WingThaiJ 3 months ago
@maxaxxx62 PART C BIG LIE:Socialism does not work because it is not consistent with fundamental principles of human behavior. The failure of socialism in countries around the world can be traced to one critical defect: it is a system that ignores incentives.In a capitalist economy, incentives are of the utmost importance. Market prices, the profit-and-loss system of accounting, and private property rights provide an efficient, interrelated system of
WingThaiJ 3 months ago
@maxaxxx62 PART D: incentives to guide and direct economic behavior. Capitalism is based on the theory that incentives matter!Under socialism, incentives either play a minimal role or are ignored totally. A centrally planned economy without market prices or profits, where property is owned by the state, is a system without an effective incentive mechanism to direct economic activity. By failing to emphasize incentives, socialism is a theory
WingThaiJ 3 months ago
@maxaxxx62 PART E: inconsistent with human nature and is therefore doomed to fail. Socialism is based on the theory that incentives don’t matter!In a radio debate several months ago with a Marxist professor from the University of Minnesota, I pointed out the obvious failures of socialism around the world in Cuba, Eastern Europe, and China. At the time of our debate, Haitian refugees were risking their lives trying to get to Florida in homemade
WingThaiJ 3 months ago
@maxaxxx62 PART F:boats. Why was it, I asked him, that people were fleeing Haiti and traveling almost 500 miles by ocean to get to the "evil capitalist empire" when they were only 50 miles from the "workers’ paradise" of Cuba?
The Marxist admitted that many "socialist" countries around the world were failing. However, according to him, the reason for failure is not that socialism is deficient, but that the socialist economies are not practicing "pure"
WingThaiJ 3 months ago
@maxaxxx62 PART G:socialism. The perfect version of socialism would work; it is just the imperfect socialism that doesn’t work. Marxists like to compare a theoretically perfect version of socialism with practical, imperfect capitalism which allows them to claim that socialism is superior to capitalism.If perfection really were an available option, the choice of economic and political systems would be irrelevant. In a world with perfect beings and infinite
WingThaiJ 3 months ago
@maxaxxx62 PART H:abundance, any economic or political system–socialism, capitalism, fascism, or communism–would work perfectly.However, the choice of economic and political institutions is crucial in an imperfect universe with imperfect beings and limited resources. In a world of scarcity it is essential for an economic system to be based on a clear incentive structure to promote economic efficiency. The real choice we
WingThaiJ 3 months ago
@maxaxxx62 PART I:face is between imperfect capitalism and imperfect socialism. Given that choice, the evidence of history overwhelmingly favors capitalism as the greatest wealth-producing economic system available.
The strength of capitalism can be attributed to an incentive structure based upon the three Ps: (1) prices determined by market forces, (2) a profit-and-loss system of accounting and (3) private property rights. The failure
WingThaiJ 3 months ago
@maxaxxx62 PART J: of socialism can be traced to its neglect of these three incentive-enhancing components.
The price system in a market economy guides economic activity so flawlessly that most people don’t appreciate its importance. Market prices transmit information about relative scarcity and then efficiently coordinate economic activity. The economic content of prices provides incentives that promote economic efficiency.For example, when
WingThaiJ 3 months ago
@maxaxxx62 PARK K (BIG LIE): the OPEC cartel restricted the supply of oil in the 1970s, oil prices rose dramatically. The higher prices for oil and gasoline transmitted valuable information to both buyers and sellers. Consumers received a strong, clear message about the scarcity of oil by the higher prices at the pump and were forced to change their behavior dramatically. People reacted to the scarcity by driving less, carpooling more, taking
WingThaiJ 3 months ago
@maxaxxx62 PART L BIG LIE:public transportation, and buying smaller cars. Producers reacted to the higher price by increasing their efforts at exploration for more oil. In addition, higher oil prices gave producers an incentive to explore and develop alternative fuel and energy sources.The information transmitted by higher oil prices provided the appropriate incentive structure to both buyers and sellers. Buyers increased their effort to conserve a
WingThaiJ 3 months ago
@maxaxxx62 PART M BIG LIE: now more precious resource and sellers increased their effort to find more of this now scarcer resource.The only alternative to a market price is a controlled or fixed price which always transmits misleading information about relative scarcity. Inappropriate behavior results from a controlled price because false information has been transmitted by an artificial, non-market price.Look at what happened during the 1970s when
WingThaiJ 3 months ago
@maxaxxx62 PART N BIG LIE: U.S. gas prices were controlled. Long lines developed at service stations all over the country because the price for gasoline was kept artificially low by government fiat. The full impact of scarcity was not accurately conveyed. As Milton Friedman pointed out at the time, we could have eliminated the lines at the pump in one day by allowing the price to rise to clear the market.From our experience with price controls on
WingThaiJ 3 months ago
@maxaxxx62 PART O:gasoline and the long lines at the pump and general inconvenience, we get an insight into what happens under socialism where every price in the economy is controlled. The collapse of socialism is due in part to the chaos and inefficiency that result from artificial prices. The information content of a controlled price is always distorted. This in turn distorts the incentives mechanism of prices under socialism. Administered prices are
WingThaiJ 3 months ago
@maxaxxx62 PART P BIG LIE: always either too high or too low, which then creates constant shortages and surpluses. Market prices are the only way to transmit information that will create the incentives to ensure economic efficiency. Profits and Losses Socialism also collapsed because of its failure to operate under a competitive, profit-and-loss system of accounting. A profit system is an effective monitoring mechanism which continually evaluates
WingThaiJ 3 months ago
@maxaxxx62 PART Q BIG LIE: the economic performance of every business enterprise. The firms that are the most efficient and most successful at serving the public interest are rewarded with profits. Firms that operate inefficiently and fail to serve the public interest are penalized with losses.By rewarding success and penalizing failure, the profit system provides a strong disciplinary mechanism which continually redirects resources away from
WingThaiJ 3 months ago
@maxaxxx62 PART R BIG LIE:weak, failing, and inefficient firms toward those firms which are the most efficient and successful at serving the public. A competitive profit system ensures a constant reoptimization of resources and moves the economy toward greater levels of efficiency. Unsuccessful firms cannot escape the strong discipline of the marketplace under a profit/loss system. Competition forces companies to serve the public interest
WingThaiJ 3 months ago
@maxaxxx62 PART S BIG LIE: or suffer the consequences.Under central planning, there is no profit-and-loss system of accounting to accurately measure the success or failure of various programs. Without profits, there is no way to discipline firms that fail to serve the public interest and no way to reward firms that do. There is no efficient way to determine which programs should be expanded and which ones should be contracted or terminated.
WingThaiJ 3 months ago
@maxaxxx62 PART T BIG LIE: Without competition, centrally planned economies do not have an effective incentive structure to coordinate economic activity. Without incentives the results are a spiraling cycle of poverty and misery. Instead of continually reallocating resources towards greater efficiency, socialism falls into a vortex of inefficiency and failure.Private Property Rights A third fatal defect of socialism is its blatant disregard for the role of
WingThaiJ 3 months ago
@maxaxxx62 PART U BIG LIE:private property rights in creating incentives that foster economic growth and development. The failure of socialism around the world is a "tragedy of commons" on a global scale.The "tragedy of the commons" refers to the British experience of the sixteenth century when certain grazing lands were communally owned by villages and were made available for public use. The land was quickly overgrazed and
WingThaiJ 3 months ago
@maxaxxx62 PART V BIG LIE: eventually became worthless as villagers exploited the communally owned resource.When assets are publicly owned, there are no incentives in place to encourage wise stewardship. While private property creates incentives for conservation and the responsible use of property, public property encourages irresponsibility and waste. If everyone owns an asset, people act as if no one owns it. And when no
WingThaiJ 3 months ago
@maxaxxx62 PART W BIG LIE: one owns it, no one really takes care of it. Public ownership encourages neglect and mismanagement. Since socialism, by definition, is a system marked by the "common ownership of the means of production," the failure of socialism is a "tragedy of the commons" on a national scale. Much of the economic stagnation of socialism can be traced to the failure to establish and promote private property rights.As Peruvian
WingThaiJ 3 months ago
@maxaxxx62 PART X BIG LIE: economist Hernando de Soto remarked, you can travel in rural communities around the world and you will hear dogs barking, because even dogs understand property rights. It is only statist governments that have failed to understand property rights. Socialist countries are just now starting to recognize the importance of private property as they privatize assets and property in Eastern Europe.Incentives Matter
WingThaiJ 3 months ago
@maxaxxx62 PART Y BIG LIE: Without the incentives of market prices, profit-and-loss accounting, and well-defined property rights, socialist economies stagnate and wither. The economic atrophy that occurs under socialism is a direct consequence of its neglect of economic incentives.No bounty of natural resources can ever compensate a country for its lack of an efficient system of incentives. Russia, for example, is one of the world’s
WingThaiJ 3 months ago
@maxaxxx62 PART Z BIG LIE wealthiest countries in terms of natural resources; it has some of the world’s largest reserves of oil, natural gas, diamonds, and gold. Its valuable farm land, lakes, rivers, and streams stretch across a land area that encompasses 11 time zones. Yet Russia remains poor. Natural resources are helpful, but the ultimate resources of any country are the unlimited resources of its people–human resources.By their failure to (Continue to PART Z2)
WingThaiJ 3 months ago
@maxaxxx62 PART Z2 BIG LIE: foster, promote, and nurture the potential of their people through incentive-enhancing institutions, centrally planned economies deprive the human spirit of full development. Socialism fails because it kills and destroys the human spirit–just ask the people leaving Cuba in homemade rafts and boats.As the former centrally planned economies move toward free markets, capitalism, and democracy, they look to the (Continue to Part Z3)
WingThaiJ 3 months ago
@maxaxxx62 PART Z3 BIG LIE: United States for guidance and support during the transition. With an unparalleled 250-year tradition of open markets and limited government, the United States is uniquely qualified to be the guiding light in the worldwide transition to freedom and liberty.We have an obligation to continue to provide a framework of free markets and democracy for the global transition to freedom. Our responsibility to the rest of the world is to (Continue to PART Z4)
WingThaiJ 3 months ago
@maxaxxx62 PART Z4 BIG LIE: continue to fight the seductiveness of statism around the world and here at home. The seductive nature of statism continues to tempt and lure us into the Barmecidal illusion that the government can create wealth.The temptress of socialism is constantly luring us with the offer: "give up a little of your freedom and I will give you a little more security." As the experience of this century has demonstrated, the bargain is tempting but ..(Continue to PART Z5)
WingThaiJ 3 months ago
@maxaxxx62 PART Z5 BIG LIE: never pays off. We end up losing both our freedom and our security.Programs like socialized medicine, welfare, social security, and minimum wage laws will continue to entice us because on the surface they appear to be expedient and beneficial. Those programs, like all socialist programs, will fail in the long run regardless of initial appearances. These programs are part of the Big Lie of socialism because they ignore the (CONTINUE TO PART Z6 BIG LIE)
WingThaiJ 3 months ago
@maxaxxx62 PART Z6 BIG LIE: important role of incentives. Socialism will remain a constant temptation. We must be vigilant in our fight against socialism not only around the globe but also here in the United States.The failure of socialism inspired a worldwide renaissance of freedom and liberty. For the first time in the history of the world, the day is coming very soon when a majority of the people in the world will live in free societies or societies ..(Continue to PART Z7 BIG LIE)
WingThaiJ 3 months ago
@maxaxxx62 PART Z7: rapidly moving towards freedom.Capitalism will play a major role in the global revival of liberty and prosperity because it nurtures the human spirit, inspires human creativity, and promotes the spirit of enterprise. By providing a powerful system of incentives that promote thrift, hard work, and efficiency, capitalism creates wealth.The main difference between capitalism and socialism is this: Capitalism works.
GAME OVER: CHECK MATE
WingThaiJ 3 months ago
@maxaxxx62I have kids I want to help go to college,I have no tax payer funded retirement, nor should anyone. If I could keep more of my own $ I can open more facilities;hire more people &I could benefit from my own sweat &tears &build up my own retirement.Once I'm set I can offer donations&/or services to those in need better than the Gov can, whether via the many independently owned charitable services or other.Gov has a poor track record
WingThaiJ 3 months ago
@maxaxxx62 of picking winners.They r experts of nothg; private sector consists of true experts. All of the progress in our country came from Capitalism; all of the CRAP came from Gov Intrusion, from those who have no experience dealing w/what they deal with in real life; pencil pushers. In the end, America is founded on Capitalism & anyone who doesn't agree w/it should move to a country that is socialistic.Once Obama is out & the tax rates drop, watch bus. leaders move here, watch jobs bloom.
WingThaiJ 3 months ago
@maxaxxx62 People work in low paying jobs to begin with to gain experience; if they don't like the industry, they find work elsewhere. They take the low pay and learn. When they learn they can then take that knowledge and open their own business. It's called TRUE FREEDOM! Competition is what fosters improvements of services; the unions are screwing us all over; paramedics in our area use to get fired if they didn't meet the grade, but unions
WingThaiJ 3 months ago
@maxaxxx62 fought to keep their jobs so how safe is that suppose to make the public feel? Sorry, no GIMME GIMME I WANT I WANT BS in America; you have the free to learn, try & try again. America is Capitalism, PROVEN the best way to gain employment and no rich person is stopping others from doing the same. Reward for effort. Lazy bums shouldn't make as much $ if they choose not to work as hard.
WingThaiJ 3 months ago
@WingThaiJ Rich people are all trying to stop the poor from taking a slice of the pie 24/7. What fantasy world are you living in? America? hahahahaha
maxaxxx62 3 months ago
@maxaxxx62 By saying this you show ignorance to reality & you are one of those who only needs to hear Obama talk about Fare share and merely believe him. Why do you or ANYONE need a slice of the pie? Why don't you do what they do & make your own pie, like Herman Cain did? U don't need a slice of someone else's pie w/Capitalism in America! There r a lot of Dominoes Pizza owners who worked in low positions learning the business; then opened their own.They're making their own (Pizza) Pie & $ Pie!
WingThaiJ 3 months ago
@WingThaiJ You are ignorant. The piece of the pie is "the pizza market" Still with franchising there is the original guy who makes all the money....Dominoes owners are just getting a piece of the big pie. You are obviously some little kid whith very limited knowledge of business. To say capitalism makes the most jobs just shows how wrong your way of thinking is.Capitalism kills jobs. Companies are always trying to get more profit by cutting costs...greed. You job is a cost they want to cut.
maxaxxx62 3 months ago
@maxaxxx62 You are a complete and total idiot; talk about a pot calling the kettle black. What? When your at a loss for words, this is your reply. You haven't replied to anything I've posted. I have my own business & the relative I spoke about who saw the benefits of Capitalism in Shenzen employees people world wide so I have access to the most comprehensive info you can get on REALITY based economics. Also, you might want to start your education at fee dot org.
WingThaiJ 3 months ago
@WingThaiJ If you knew anything about socialism you would know it has to be world wide to work. You cannot have socialism and capitalism together on the same planet. Socialism has never been given a chance. Capitalism has failed. We need something new. You say you want your kids to go to college. In a socialist country there would be no cost. How is paying outrageous tuition costs better than free? You are a warped person. Brainwashed by television. Capitalism kills.
maxaxxx62 3 months ago
@maxaxxx62 IT NEVER LASTS! What don't you get about this? Oh, that's right, you are caught up in theories and not interested in history and reality. Hell will freeze over (even though a literal one does not exist, lol) when I hand my liberties over to a few people to decide what I earn or not earn. Tuition costs ARE NOT free, that money has to come from somewhere & in America, it comes from Americans. No, you are warped because you have no real life
WingThaiJ 3 months ago
@maxaxxx62 experience in what works. I have access to Real People who employee people who would love to maintain their head quarters in the US, however, as other Gov have learned the lesson of Capitalism, they are more than willing to move to enjoy the Freedoms America was made to offer. America is about Capitalism, if you don't like it, move somewhere else.
WingThaiJ 3 months ago
@maxaxxx62 Maybe you should grit your teeth and see if you can get through a series of John Stossel shows where to even do direct comparisons for people; they reference historical events and PROVE Capitalism is far superior to Socialism. Socialists are not Business Savvy People, or they would understand that their system is futile for the long term, so if they can't do themselves, or want short cuts for lazy people, etc.. & have no real life
WingThaiJ 3 months ago
@maxaxxx62 experience creating jobs, they think socialism is great; but your all a bunch of perhaps well intended novices. Stossels show is good for lay people like you as they do a good job keeping the language simple enough of lay people to understand while proving that socialism is not as good as capitalism and socialism is not conducive with FREEDOM! It's our socialistic policy's that are the MAIN detriment to our country today; programs we cannot afford but could be better run w/out gov
WingThaiJ 3 months ago
@maxaxxx62 Socialism goes against the grain of human behavior; it might work with robots, LOL
WingThaiJ 1 month ago
@maxaxxx62 Yes, but u can create your own 'Pie' from that market. U don't have to steal the pie from others to survive or thrive. The franchisers have done all the work to make a packaged business, complete w/legal, paperwork & a structure, u have a Known Name so of course they have a right to be paid as a Franchiser. They make it easier to succeed.U have a choice whether to go that route or open your own from the ground up. I REALLY have to Explain this to you? What r u a garbage collector?
WingThaiJ 3 months ago
@maxaxxx62 I have to laugh every time I read this; I have direct contact with the former COO of LVS & he's employed people all over the world and was a University Professor, but the difference w/him and liberal professors is that he has REAL LIFE experience, while the lib profs push pencils & theories, ROFL.. Yes, take a look around the world, if you can't see that capitalism far outperforms socialism you are proving your Naivete and are a genuine Novice.
WingThaiJ 3 months ago
@maxaxxx62 Your a complete IDIOT! In socialism almost NO ONE works because they depend on someone else to do it! Look at ANY socialist country today and see the REALITY of socialism! EVERY socialist country is collapsing! Check out GREECE FOOL! YOU HAVE HEARD OF GREECE haven't you?
leestauf 3 months ago
@leestauf You know so little about socialism. What you do know was taught by people opposed to it. Socialism HAS TO BE WORLDWIDE or it wont work. Capitalism doesnt work at all. In socialism everyone works. Capitalism you fool is a job KILLER. If you knew any thing you would realize that if every profit based company would gladly fire every employee and use robots. Capitalism causes companies to give you less for more to compete. In socialism everything is made to last forever cost is no issue.
maxaxxx62 3 months ago
@maxaxxx62 U say socialism has to be world wide to work? No, it needs EVERY single person to pull his/her own weight, something which we already know DOES NOT & HAS NEVER occurred. In only takes a few to drag the rest down. As a long time employee who now owns his own business, I'd rather work for incentives as would my employees; it's motivating. Workers who do great work will get paid more as a reward, those who don't make their own decisions.
WingThaiJ 1 month ago
@leestauf Capitalism. We can cure you and save your life...but since you cant afford the treatment you will have to die. Man 36yrs old dies of starvation outside a grocery store in Los Angeles. Father has to decide to buy food or elecricity. Woman 77 freezes to death in chicago apartment after heat was turned off for non payment. Man loses job after 27 years & loses pension when his company declairs bankruptsy and moves to Indonesia. This is the capitalism that you love.America sounds great!!!!
maxaxxx62 3 months ago
@maxaxxx62 You are spouting variables out of context; I'd like to know the entire set of circumstances with each and every case because of what is actually available. There are tons of services available to help people and often education as to how and where to get help is what is needed. Love how these people blurt out unfortunate events & assume it's all capitalism's fault.
WingThaiJ 3 months ago
@leestauf Capitalism is motivated by greed. You can't have one without the other. Greed and individualism, are the side efeects of greed. America has the most murders, the most rapes the most crime the most executions the most corruption the most bankruptsies, the most STD's the most suicides and the most debt. No one works in america because they cant find a job that pays enough. Thats because capitailsm always cutting jobs for profit..greed. Job killing system by nature. Capitalism don't work
maxaxxx62 3 months ago
@maxaxxx62 I guess you missed the J. Stossel episode called, "Greed Is Good." What's funny is that his show actually proves their claims all the time & his distractors can't stand the fact that they can't argue with facts. I have no problem w/people wanting to earn as much as they can as when they do, they benefit all through jobs, through their taxes (google how much tax they actually pay; not people like GE who pay nothg & are buddies w/Obama).. I agree w/fillg the tax loop holes & subsidies
WingThaiJ 3 months ago
@leestauf What can I say to someone who can look right at reality and not see it?! What can I say to someone who lives in a fairytale world?! Why don't you move to Greece or some similar socialist utopia if you don't live in one already? If you already do you must see it's failure and know that fools such as yourself are counting on a capitalist society and capitalists to pull your fat from the fire.
leestauf 3 months ago
@leestauf maxaxxx will ignore this reality of Greece to him as it provides uncomfortable stimulus to his religious conviction of socialism.It will not register; anythg to make it easier for lazy people to make it on shirt ails of others is all he wants to hear. He doesn't realize that for socialism to even have a chance, everyone would have to participate equally & this goes against human nature; there will always be others to drag the rest down, just like the Tragedy of the Commons
WingThaiJ 1 month ago
@maxaxxx62 Yeah, I went back to look and indeed, you simply could not refute the info. I provided in multi-parts, hence, why you fail to mention anything written there.
WingThaiJ 3 months ago
@maxaxxx62 People get paid in accord with competition and worth; it's based on incentive... The harder you work, the more you can earn, then the more you can help others instead of an inept Gov who just pisses money away into failed programs
WingThaiJ 3 months ago
@WingThaiJ :D yeah right, talk to some one at Mcdonalds, which makes a crap ton of money(the entity), and how hard they have to work, ask them if they get paid for their "hard work". the whole system is screwed because of many, many things, one of those being people who would rather have slaves that worked for free(or just traded their poison food for labor).
Swansen03 1 month ago
@Swansen03 I believe you use words like 'brainwashing' & 'mentally challenged' as a self defense mechanism as you must be called that on a regular basis when you try to sell socialism as better than capitalism. McDonals was NEVER meant to support a family. It was ALWAYS a steepg stone for people to learn from. If one wishes, they can actively pursue management. Many banks will loan $ to someone w/this experience to open their own restaurant one day.
WingThaiJ 1 month ago
@WingThaiJ we don't live in a capitalism, capitalism can't exist in a global market, can't exist with multinational corporations, that is corporatism/fascism. I like real socialism, you have the word used wrong, they misinterpret the definition so people don't realize the true meaning of the word and its ideas. Socialism is democratic means of production. Like the workers own the factory/business/etc, collectively. "the take" film. argentina was privatized/deregulated, it collapsed.
Swansen03 1 month ago
@Swansen03 Apologies, you did not use the words brainwashing and mentally challenged that was maxaxxx.
WingThaiJ 1 month ago
The solution to the Global crisis is this. Create a global currency of equal value. Minting limitations are fixed by capita. De-privatize banks and have them turned into non profit governement institutions. "A safe place to keep your money". ELIMINATE the application of interest on all borrowed money. the govenment will do all the lending at zero interest. This will give citizens disposible income to buy consumer goods and generate growth and jobs. Anything less is futile problems will continue
maxaxxx62 3 months ago
@maxaxxx62 You must be crazy! The Gov hasn't run a program properly in America's history, you think we should let them hand all of this? The private sector is the ONLY way to go, GET GOV OUT OF THE PRIVATE SECTOR, that was the problem in the 1st place. Capitalism is America & the best to maximize an economy and employment. The Gov gets involved and screws everything up; do I really need to provide a list of all their failures? They have no expertise in anything; experts from from private sector
WingThaiJ 3 months ago
@WingThaiJ Capitalism is dead ...its all over. The only way a monetary system can survive now is eliminate the differences in currecie values world wide and eliiminate imteretst on borrowewd money. The government may set regulations but it will be people who do all the work. OR go 100% socalist worldwide. Stop finger pointing and deal with developing solutions. Stop saying "can't"........ its a word losers say over and over......BTW Capitalism IS the problem........it cant work without greed.
maxaxxx62 3 months ago
@maxaxxx62 Ridiculous The free market is what balances itself out &Gov Involvement is what screws everythg. Uobviously have not real life business experience to make such a comment. In the real world capitalism is what leads to the GREATEST number of jobs & who the hell do you want to tell you what to do w/your life & how much you can earn? Every great innovation came from it; every Gov program screws it up because whenever you go w/the premise of what should be or ought to be; shit hits the fan
WingThaiJ 3 months ago
@WingThaiJ Jajajaja Free market is so flawed. Technology eliminates jobs by the thousands everday. Competition eliminates thousands of jobs a day. Greed eliminates thousands of jobs a day. The need for employment increases by the tens of tousands every day, This is un sustainable. This is t