PJ O'Rourke: Don't Vote, It Just Encourages The Bastards: Part 2

[taurus1269]

He's an idiot!! I've had the misfortune of catching him twice on Real Time with Bill Maher. His thinking is out dated.He's a neo con trying to pass himself off as some deep thinking "intellectual". I think the last time he was relevant was in the early 80's...we were dumber back then. Don't vote...sure so idiots like Perry and Cain can win.

[DJSloejoe]

Got to meet him once. Great mind Great person.

[MrWrof]

We don't need rich people or government to raise money to invest in new businesses. We could use a cooperative bank and do it ourselves. Banks can be owned and controlled by shareholders on the principle of "one member - one vote". Why aren't they all?

[toddmlbauer]

@MrWrof  Who's supplying the money...and do they want it back?

[MrWrof]

@toddmlbauer: I think you confuse the concept of "currency" with "American Dollars printet on green paper by the federal reserve". Please allow me to be rude and answer your question with a question: Who owns all the gold in the world and do they want it back?

[toddmlbauer]

@MrWrof Noone owns all of the gold in the world. It's available for sale to anyone for approximately 1,380 American dollars printed on green paper by the Federal Reserve (per oz).  My point is that people applying for a business loan would need to be able to run a business in order to return the capital w/interest. I'm a bit confused on your point.

[MrWrof]

@toddmlbauer In common ownership a good business IS the interest. See for example the Amish.

[mowgly3000]

@MrWrof @toddmlbauer ...or North Korea

[MrWrof]

@mowgly3000 I'm sorry, but no. That's a very bad analogy, since an authoritarian dictatorship is not comparable to any nation with common ownership. Common ownership has been used in free societies like Holland for example where communal ownership over irrigation canals built the land.

[MrWrof]

@toddmlbauer My point is, that capital and currency is not the same thing. Capital is produced by the working people, currency is invented by kings and bankers.