Balco Posted July 31, 2018 Author Report Share Posted July 31, 2018 Ain't that the truth. That's why I don't like identifying myself with mainstream Christianity. Really bad statement. I can tell you didn't come from a family of faith. Quote Link to comment Share on other sites More sharing options...
Balco Posted July 31, 2018 Author Report Share Posted July 31, 2018 No. Nothing is forced. But, yeah, it is a commune run by the government. Capitalism has changed the world for the better. Yet, even after American Capitalism defeated Russian Socialism back in the Cold War, we have more recently born Americans being taught in our Universities that socialism is The Path to happiness. (Seems our young people and older Democratic leaders have no memory or ability to check history.) So, while I find it embarrassing to use a socialist model to solve the problem of laziness or stupidity in those of us that just can't seem to cope, at least it is only for that corner of society that needs the rest of society to survive. The rest of us can use the benefits of capitalism to increase the world's production of goods and services, without the malcontents slowing everything down.Spot on and 100% correct. Thanks for checking Branch! Quote Link to comment Share on other sites More sharing options...
Balco Posted July 31, 2018 Author Report Share Posted July 31, 2018 Bernie will destroy free market capitalism in 2020 and everyone will make $80,000 like in Norway. Feel the Bern Trumpstes.This collapse our economy in this first year. Quote Link to comment Share on other sites More sharing options...
Balco Posted July 31, 2018 Author Report Share Posted July 31, 2018 You left out one key point. Corruption. In any system, power = corruption. You are basing your premise that the government in control will not be corrupt. That’s fantasy land. History has shown that repeatedly.Incorrect! Socialism vs Capitalism is not based on corruption. They are two completely systems. So you don't trust either party and choose to be ignorant. Is this by default be to neutral? You are a teacher and can't say the mass corruption in our public school system. Quote Link to comment Share on other sites More sharing options...
Balco Posted July 31, 2018 Author Report Share Posted July 31, 2018 Capitalism may bring material prosperity but it also makes servants of the working class. The business owner is the master and the employee is his/her servant. It's an unequal relationship where one side has power over the other. This power often leads to abuse and threats of termination. Keep you're mouth shut and do what you're told or you're fired. Socialism is superior to capitalism because it's more fair and equal for the worker. In state owned busiiness the master and servant relationship is eliminated. It's a more level playing field for all. Fainess and Equality > material prosperity The end of the master and servant relationship is near. The basic human desire to be treated fairly and equally will win out in the end. . :gun Quote Link to comment Share on other sites More sharing options...
Balco Posted July 31, 2018 Author Report Share Posted July 31, 2018 This will collapse our economy in this first year. Quote Link to comment Share on other sites More sharing options...
mikeman Posted July 31, 2018 Report Share Posted July 31, 2018 Bernie might get his chance, he'll have to wait til 2024 to do it though. Quote Link to comment Share on other sites More sharing options...
Always Call Heads Posted July 31, 2018 Report Share Posted July 31, 2018 Spot on and 100% correct. Thanks for checking Branch! All assets of the rich will collapse. But the workers will be richer than ever!!! Quote Link to comment Share on other sites More sharing options...
Sol Aristatel Posted July 31, 2018 Report Share Posted July 31, 2018 I see things went WAY over Balco's head here with a couple of my comments. Not even gonna try... Quote Link to comment Share on other sites More sharing options...
Downsouth Posted July 31, 2018 Report Share Posted July 31, 2018 All assets of the rich will collapse. But the workers will be richer than ever!!!How rich is considered rich. All the well off going down as well? Quote Link to comment Share on other sites More sharing options...
Dr. Paddy Posted July 31, 2018 Report Share Posted July 31, 2018 This is why "socialism" does not engender the fear it once did in the US. Quote Link to comment Share on other sites More sharing options...
Bfo Posted July 31, 2018 Report Share Posted July 31, 2018 Bernie might get his chance, he'll have to wait til 2024 to do it though.He would be 84 years old by then Quote Link to comment Share on other sites More sharing options...
Always Call Heads Posted July 31, 2018 Report Share Posted July 31, 2018 How rich is considered rich. All the well off going down as well? Everyone is going to make $80,000. If you have more than $80,000, you are toast. Quote Link to comment Share on other sites More sharing options...
Dr. Paddy Posted July 31, 2018 Report Share Posted July 31, 2018 Everyone is going to make $80,000. If you have more than $80,000, you are toast.That will kill off the lotteries. Quote Link to comment Share on other sites More sharing options...
Always Call Heads Posted July 31, 2018 Report Share Posted July 31, 2018 That will kill off the lotteries. The lotteries will still be allowed but you will be taxed at a very high rate at any winnings over $80,000. Quote Link to comment Share on other sites More sharing options...
Downsouth Posted July 31, 2018 Report Share Posted July 31, 2018 Everyone is going to make $80,000. If you have more than $80,000, you are toast.Too low. Make it minimum 50k, house, medical, college, food, cars, and 2 vacation. Make it paid for by taking 90% of everything over 250k. Hierarchy established between 50 and 250k. Enact corporal punishment. only allow 1 month employment before government appoints you job. Govt runs all. Quote Link to comment Share on other sites More sharing options...
MonkeyF0cker Posted July 31, 2018 Report Share Posted July 31, 2018 Everyone is going to make $80,000. If you have more than $80,000, you are toast. Solid plan. Would not cause liquidation of assets, mass exodus of capital, and black market labor. Quote Link to comment Share on other sites More sharing options...
Always Call Heads Posted July 31, 2018 Report Share Posted July 31, 2018 Too low. Make it minimum 50k, house, medical, college, food, cars, and 2 vacation. Make it paid for by taking 90% of everything over 250k. Hierarchy established between 50 and 250k. Enact corporal punishment. only allow 1 month employment before government appoints you job. Govt runs all. Downsouth is a leftist. The real estate racket is tough. He's ready for a change. Quote Link to comment Share on other sites More sharing options...
Always Call Heads Posted July 31, 2018 Report Share Posted July 31, 2018 Solid plan. Would not cause liquidation of assets, mass exodus of capital, and black market labor. Yes, massive liquidation of assets resulting in the elimination of all paper wealth. No capital left to exit. Quote Link to comment Share on other sites More sharing options...
MonkeyF0cker Posted July 31, 2018 Report Share Posted July 31, 2018 Yes, massive liquidation of assets resulting in the elimination of all paper wealth. No capital left to exit. So, you think someone is going to become a dictator and make it happen immediately circumventing the legislative process. Realistic. Quote Link to comment Share on other sites More sharing options...
MonkeyF0cker Posted July 31, 2018 Report Share Posted July 31, 2018 Will read "How to Destroy an Economy" by Always Call Heads. Sounds like a fascinating work. Quote Link to comment Share on other sites More sharing options...
Always Call Heads Posted July 31, 2018 Report Share Posted July 31, 2018 So, you think someone is going to become a dictator and make it happen immediately circumventing the legislative process. Realistic. We will start with Medicare For All and win them over one at a time. Quote Link to comment Share on other sites More sharing options...
Machiavelli Posted July 31, 2018 Report Share Posted July 31, 2018 I was listening to Ana Kasparian Podcast earlier. Think it was from a couple of weeks ago, but she's one on the left that I appreciate. And explained the difference between Democratic Socialism and Social Democrats, to which I say Social Dems are fine. It's just when they go too far is when we have issues. But we're obv gonna always be capitalism with some govt programs mixed in. Just need to find the balance that works for all and not all this corporate welfare bs---as that's not entirely free market and folks on the right know that. Quote Link to comment Share on other sites More sharing options...
Dr. Paddy Posted July 31, 2018 Report Share Posted July 31, 2018 I managed to find a 13 minute bit with Billy Kingston that a few of you will learn from. He discusses "creating money from nothing" and quantitative easing. And the certainty that it will all end.I hope this is helfpul to those who have copped on to what I say about there being a very significant difference between capitalism and free enterprise. Capitalism is the ability to create money from nothing.Billy was one of our profs for about three courses in 91-92. He is credited with first describing a Theory of Market Power, that is, how extraordinary profits can be gained. Yer one goes on a bit at the beginning, but Billy starts up after about 3 minutes. After he finds his notes and his glasses. MiOsGHPqjI Quote Link to comment Share on other sites More sharing options...
Always Call Heads Posted July 31, 2018 Report Share Posted July 31, 2018 I managed to find a 13 minute bit with Billy Kingston that a few of you will learn from. He discusses "creating money from nothing" and quantitative easing. And the certainty that it will all end. I hope this is helfpul to those who have copped on to what I say about there being a very significant difference between capitalism and free enterprise. Capitalism is the ability to create money from nothing. Billy was one of our profs for about three courses in 91-92. He is credited with first describing a Theory of Market Power, that is, how extraordinary profits can be gained. Yer one goes on a bit at the beginning, but Billy starts up after about 3 minutes. After he finds his notes and his glasses. MiOsGHPqjI All money is created from nothing. The problem with capitalism is it is fueled by debt and all debt becomes unpayable. In 2008, all debt became unpayable so they printed money and solved the problem. The bigger problem is who got the money and who didn't and that is where socialism steps in. Quote Link to comment Share on other sites More sharing options...
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