Capitalism

[El Kabong]

....still better than this

http://www.youtube.com/watch?v=OoqI5PSRcXM

[CGM]

Hey don't get me wrong, balance is everything. Look at Mexico, Russia, and Cuba...their revolutions were created basically out of having no middle class and having the greedy fat cats at the top.

I'm merely suggesting Capitalsim is an easier fit for human nature than Socialism simply because you're not punished for wanting more or striving to achive a higher goal than what society has set for you.

Besides, being punished for exceeding society's goals will, in the long run, do very little to help the poor who have failed to meet those goals.

[Kirkland Laing]

....still better than this

http://www.youtube.com/watch?v=OoqI5PSRcXM

There'll have to be quite a large redistribution of wealth over the next few years or the US economy won't be able to grow very well. The redistribution of the last 30 years (all to the top) will have to be reversed so that the money generated by the economy will go to people who'll actually spend it, thus creating more economic growth. Obama is dead right about this and the bald plumber wrong.

[El Kabong]

Obama is dead right about this and the bald plumber wrong.

....talk to me in 4 years

[Andre]

I stand corrected. Sorry.

Good to see you back on two feet. I trust you didnt spill a drop.

You'd love it Booze, when i was a younger cat,I went off a bar stool backwards hit the carpet with my shoulder blades and didnt spill anything out of my pot of beer.
Got cheered by the bar for that,one of my proudest moments.

[Kirkland Laing]

Obama is dead right about this and the bald plumber wrong.

....talk to me in 4 years

Are you seriously questioning my Infallibility? How well does that always work out for you?

I've already shown you at least once why I'm right, using facts and evidence. You know the one time in history when the top 1% of Americans' share of the wealth was this high previously? Just before the 1929 Depression, something we still stand a chance of repeating currently. The median wage in America has stayed effectively static since 1980 and the US consumer, 71% of US GDP, is now tapped out. Both parents in families now work, both work much longer and harder, both have gone into debt over the past few years just to pay the bills, and now the US consumer doesn't have any money anymore. The 1980-2008 redistribution of wealth to the wealthy has to be reversed othersie 71% of US GDP is going stand still and worse. If you're going to reply to what I have Written do so using facts and evidence only.

[Gandalf]

Obama is dead right about this and the bald plumber wrong.

....talk to me in 4 years

Are you seriously questioning my Infallibility? How well does that always work out for you?

I've already shown you at least once why I'm right, using facts and evidence. You know the one time in history when the top 1% of Americans' share of the wealth was this high previously? Just before the 1929 Depression, something we still stand a chance of repeating currently. The median wage in America has stayed effectively static since 1980 and the US consumer, 71% of US GDP, is now tapped out. Both parents in families now work, both work much longer and harder, both have gone into debt over the past few years just to pay the bills, and now the US consumer doesn't have any money anymore. The 1980-2008 redistribution of wealth to the wealthy has to be reversed othersie 71% of US GDP is going stand still and worse. If you're going to reply to what I have Written do so using facts and evidence only.

That is one seriously funky post.

[Bookkeeper]

....talk to me in 4 years

Are you seriously questioning my Infallibility? How well does that always work out for you?

I've already shown you at least once why I'm right, using facts and evidence. You know the one time in history when the top 1% of Americans' share of the wealth was this high previously? Just before the 1929 Depression, something we still stand a chance of repeating currently. The median wage in America has stayed effectively static since 1980 and the US consumer, 71% of US GDP, is now tapped out. Both parents in families now work, both work much longer and harder, both have gone into debt over the past few years just to pay the bills, and now the US consumer doesn't have any money anymore. The 1980-2008 redistribution of wealth to the wealthy has to be reversed othersie 71% of US GDP is going stand still and worse. If you're going to reply to what I have Written do so using facts and evidence only.

That is one seriously funky post.

Miles what the hell you doin in the land of the far east, it's time to come home player

[Gandalf]

Are you seriously questioning my Infallibility? How well does that always work out for you?

I've already shown you at least once why I'm right, using facts and evidence. You know the one time in history when the top 1% of Americans' share of the wealth was this high previously? Just before the 1929 Depression, something we still stand a chance of repeating currently. The median wage in America has stayed effectively static since 1980 and the US consumer, 71% of US GDP, is now tapped out. Both parents in families now work, both work much longer and harder, both have gone into debt over the past few years just to pay the bills, and now the US consumer doesn't have any money anymore. The 1980-2008 redistribution of wealth to the wealthy has to be reversed othersie 71% of US GDP is going stand still and worse. If you're going to reply to what I have Written do so using facts and evidence only.

That is one seriously funky post.

Miles what the hell you doin in the land of the far east, it's time to come home player

The way things are in the world its probably not the best of times to return. And even if I do come home and manage to find a decent job, Im not happy with the prospect of being taxed to death and having to pay outrageous rents. Its a crap system and I absolutely refuse to partake in that kind of life. I like a lot of things from home, but there are elements that Ive come to detest.

I was planning to come home for a long trip after I stopped working but the Korean Won has gone into labour against the pound. Im not too happy about my money now having lost a lot of its value because of exchange rate fluctuations. It will be cheaper and much warmer to head off South this winter. Any trip home can wait until things even out. And Im getting the relaxation I really needed. Apart from my studies and part time teaching Ive really taken my foot off the pedal.

Im beginning to think of myself as a Nomad, forever destined to wander through the wilderness. Ahem.

[El Kabong]

Are you seriously questioning my Infallibility? How well does that always work out for you?

I've already shown you at least once why I'm right, using facts and evidence. You know the one time in history when the top 1% of Americans' share of the wealth was this high previously? Just before the 1929 Depression, something we still stand a chance of repeating currently. The median wage in America has stayed effectively static since 1980 and the US consumer, 71% of US GDP, is now tapped out. Both parents in families now work, both work much longer and harder, both have gone into debt over the past few years just to pay the bills, and now the US consumer doesn't have any money anymore. The 1980-2008 redistribution of wealth to the wealthy has to be reversed othersie 71% of US GDP is going stand still and worse. If you're going to reply to what I have Written do so using facts and evidence only.

Kirkland, oh I totally agree, let's raid the accounts of Bill Gates, Warren Buffet, and all those other evil rich people and then hand out money to everyone who haven't earned it and who don't deserve it.

The War on Poverty failed horribly....it tried to redistribute wealth as many Democrat programs have tried before but if those programs had worked then we wouldn't be listening to Barrack or you crying foul right now.

Wealth is not a right, it's a goal plenty of people have, and it's achieveable here in America but it is not a right for everyone to be wealthy.

[Trainer Monkey]

Are you seriously questioning my Infallibility? How well does that always work out for you?

I've already shown you at least once why I'm right, using facts and evidence. You know the one time in history when the top 1% of Americans' share of the wealth was this high previously? Just before the 1929 Depression, something we still stand a chance of repeating currently. The median wage in America has stayed effectively static since 1980 and the US consumer, 71% of US GDP, is now tapped out. Both parents in families now work, both work much longer and harder, both have gone into debt over the past few years just to pay the bills, and now the US consumer doesn't have any money anymore. The 1980-2008 redistribution of wealth to the wealthy has to be reversed othersie 71% of US GDP is going stand still and worse. If you're going to reply to what I have Written do so using facts and evidence only.

Kirkland, oh I totally agree, let's raid the accounts of Bill Gates, Warren Buffet, and all those other evil rich people and then hand out money to everyone who haven't earned it and who don't deserve it.

The War on Poverty failed horribly....it tried to redistribute wealth as many Democrat programs have tried before but if those programs had worked then we wouldn't be listening to Barrack or you crying foul right now.

Wealth is not a right, it's a goal plenty of people have, and it's achieveable here in America but it is not a right for everyone to be wealthy.

No it isnt
I dare you to go to McDowell county WV and say that with a straight face.
I triple dog dare you
Watching train loads of coal,making money for Massey Energy,who's CEO lives in a DC suburb,go right by the very miners ramshackle trailers who actually risked their lives to dig it up, and then you say that again.
If you can say it, your a better liar then I could ever hope to even attempt being.
And if you dont think their work has value,and therefor commensurate compensation,stop turning on your light switch and sit in the dark, because without that coal, thats what your doing.

[Trainer Monkey]

Im seriously bent at you Lyle.
Sorry,Ive worked for your beloved lords and masters,and I know them personally
A-hole who inherited the oldest printing firm in the country,blew the wad on porn.
Yeah he earned it
Jackwad didnt even understand that when I helped move his Grandmother out of her apartment for him,the gravity of having an original Nast piece,an original I stress, in the stair well while we were hauling furniture down right next to it.
Yep, he earned it.
Another guy had his buis bought by daddy,he had a plane and a house
The guy who was actually earning the money, lived in a one bedroom walk up apartment with his kid and wife.
Your right Lyle we should make sure that make the money earn the money,so we should all start hunting people wearing stain ties.
If they can say "Its an an Armani" open fire
Ive met and hung with more wealthy people then you can imagine, and I have yet to meet one that was worth the amount of manure it would take to bury them.
Not a single one.
One used to have human BB Gun hunts. One spewed hot wax all over a beauty marble fire place. One went to Aruba when half of the machinery he owned was broken.Theres more,but you should get my point. The monied wealthy should all be sterilized.

[killersheep]

Are you seriously questioning my Infallibility? How well does that always work out for you?

I've already shown you at least once why I'm right, using facts and evidence. You know the one time in history when the top 1% of Americans' share of the wealth was this high previously? Just before the 1929 Depression, something we still stand a chance of repeating currently. The median wage in America has stayed effectively static since 1980 and the US consumer, 71% of US GDP, is now tapped out. Both parents in families now work, both work much longer and harder, both have gone into debt over the past few years just to pay the bills, and now the US consumer doesn't have any money anymore. The 1980-2008 redistribution of wealth to the wealthy has to be reversed othersie 71% of US GDP is going stand still and worse. If you're going to reply to what I have Written do so using facts and evidence only.

Kirkland, oh I totally agree, let's raid the accounts of Bill Gates, Warren Buffet, and all those other evil rich people and then hand out money to everyone who haven't earned it and who don't deserve it.

The War on Poverty failed horribly....it tried to redistribute wealth as many Democrat programs have tried before but if those programs had worked then we wouldn't be listening to Barrack or you crying foul right now.

Wealth is not a right, it's a goal plenty of people have, and it's achieveable here in America but it is not a right for everyone to be wealthy.

You already agreed that we need balance, so with things being so out of balance right now you are agreeing that there is an issue. If deregulation worked we wouldn't be the economic state we are now. The way I see is in order to maintain competition in capitialism, which is the function that keeps us stable we have to move back and forth like a pendulum between regulation and deregulation. At this moment we do need money to get back in the hands of the middle class. Once we get to the point where the middle class can spend without borrowing, then we can get a nice conservative government to deregulate everything again, thus maintaining the balance. What got us out of the depression? The war? that's partly right, it was the socialized programs that created labor for the middle class, the factory work that provided the means for the middle class, to spend and grow the economy, eventually that system breaks down as well. The solution to that problem? Reagan..... and the cycle continues.
Liberalism and Conservatism are the remedies for each others problems, and neither one can survive exclusively.

[Salty]

Capitalism feeds off of natural human instincts and socialism is more of a "In a perfect world EVERYBODY would have a million dollars" but that doesn't factor into account that if everyone actually had a million dollars then a million dollars would cease to be a million dollars the way we think of it, it would be more like toilet paper....it would be worthless.

The problem lies in when basic human rights such as free healthcare and cheap tertiary education get thrown into these markets. It's fine to privatize if you have enough money, but the problem is when you don't have that luxury. It just does not work when company's who main aim is to maximize profit, when it should be saving people's lives or giving quality education to as many people as possible. If America stays this way I can't see the trends changing at all, but these basic rights becoming further and further out of reach for low income earners.

[El Kabong]

Trainer nobody forces those people to mine coal...get over it. No one holds a gun to their head and says "You HAVE to do this" and to suggest otherwise is moronic. I work for a millionaire, he was a mill worker (a worker not an owner), his dad was a mill worker (a worker not an owner, not a manager, just a worker) in one of the poorest parts of North Carolina, he paid for his own education, he earned his money and he achieved....because of government? because of wealth redistribution? NO it's because he got the idea in his head that he could be more and he went out and worked everyday towards his goal and he has achieved....the only people that stop those poor miners from being something else are themselves and that is the 100% God's honest truth.

Healthcare isn't a RIGHT it's a privilege, however health insurance does need fixing and I have gone over that plenty of times before....The education system needs lots of fixing to be competitive as well.

killersheep the market will fix the problem the government caused