Socialism failed the test in one of America's Universities. A must read.

Discussion in 'Politics' started by jueco2005, May 13, 2009.

  1. There wouldn't even be "boom and bust"... IF THE GOVERNMENT DIDN'T SCREW WITH THE MONEY!!
     
    #21     May 13, 2009
  2. did you miss history class?
     
    #22     May 13, 2009
  3. You skip economics?
     
    #23     May 13, 2009
  4. Kinda like choosing between eating filet mignon with an occasional pubic hair on it or just plain old spam all the time. I'll take the filet please.
     
    #24     May 13, 2009
  5. All due respect, that's being simplistic - though you are correct to a degree. However, the tax code has not changed on its own. Lobbyists representing the wealthy changed it. And these lobbyists changed more than just the tax code. Corporate Subsidies are but one example. I could go on and on... Actually, many others have written books about it...

    How the medical field maintains high barriers to entry to maintain high salaries.

    How professional team owners get free money from municipalities to build stadiums.

    How corporate chains get property tax waivers for a period of time to relocate to a city, all the while the independently run mom and pops in that same city end up footing their traffic, police, and fire bills/taxes.

    Oil company subsidies....

    Hedge Fund managers getting paid cap gains instead of W2 income for managing OTHER people's money (and for many - badly so)

    Pharmaceutical companies constricting the government from negotiating volume discounts.

    There are hundreds of other examples.
     
    #25     May 13, 2009
  6. Bullshit.

    http://www.snopes.com/college/exam/socialism.asp
     
    #26     May 13, 2009
  7. maxpi

    maxpi

    Correct, and it points to the notion that the best course of action would be well regulated capitalism. Don't let Wall Street and the Banks do insane things iow...
     
    #27     May 13, 2009
  8. OH YEAH!!!!! I call business here in the USA "Socialism of the Capitalists"
     
    #28     May 13, 2009
  9. #29     May 13, 2009
  10. Right
     
    #30     May 13, 2009