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Old 04-23-2008, 12:23 PM
 
Location: Heartland Florida
9,324 posts, read 26,754,889 times
Reputation: 5038

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The free market excuse cannot be used, as we currently do not have a free market. The current market is skewed for the well-connected.
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Old 04-23-2008, 01:22 PM
 
Location: Georgia, on the Florida line, right above Tallahassee
10,471 posts, read 15,835,178 times
Reputation: 6438
Quote:
Originally Posted by arctichomesteader View Post
You won't when you find your country a rubble heap someday because of the worship of toilet paper (fiat money). Or what was it Jefferson said? Oh yeah:

"If the American people ever allow private banks
to control the issue of their money,
first by inflation and then by deflation,
the banks and corporations that will
grow up around them (around the banks),
will deprive the people of their property
until their children will wake up homeless
on the continent their fathers conquered."

Jefferson will be proven to have been spot on with his statement. Americans will no longer own their own country eventually.
Who do you think will end up owning it?
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Old 04-23-2008, 01:38 PM
 
5,760 posts, read 11,548,273 times
Reputation: 4949
Quote:
Originally Posted by 70Ford View Post
Who do you think will end up owning it?
Multinational corporations and banks. They de facto do, already.

The people become serfs to them in their own country.

The global corporate model has replaced the Principality model of the middle ages.

Take a look at The Prince by Machiavelli. It closely fits a model for running a multi-national corporation, now. Complete with sections on outsourcing and mercenaries.

Machiavelli: The Prince: Contents
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Old 04-23-2008, 02:50 PM
 
Location: RSM
5,113 posts, read 19,766,781 times
Reputation: 1927
Quote:
Originally Posted by tallrick View Post
The free market excuse cannot be used, as we currently do not have a free market. The current market is skewed for the well-connected.
its not "pure capitalism" but that doesnt exist anywhere(even hong kong has controls in place). the market is almost as free as it can be around here. its not skewed for the well connected, its skewed for those who put the time, effort, and sacrifice into education and hard work. you want to be the next bill gates? you can if you're smart, hardworking, willing to sacrifice, and a little bit lucky.
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Old 04-23-2008, 02:56 PM
 
Location: Raleigh, NC
9,059 posts, read 12,972,786 times
Reputation: 1401
Quote:
Originally Posted by bhcompy View Post
its not "pure capitalism" but that doesnt exist anywhere(even hong kong has controls in place). the market is almost as free as it can be around here. its not skewed for the well connected, its skewed for those who put the time, effort, and sacrifice into education and hard work. you want to be the next bill gates? you can if you're smart, hardworking, willing to sacrifice, and a little bit lucky.
I would regard China as a much freer place to do business, assuming you're Chinese .

One can argue that a country only needs property rights and an open business environment low on taxes and regulation to be prosperous. Democracy is not a necessity. It actually gets in the way and converges to bigger government and more regulation. It's a "nice to have".

Probably a benevolent dictatorship would be the ideal government, assuming we'd have perfectly rational people in charge.
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Old 04-23-2008, 03:04 PM
 
Location: Georgia, on the Florida line, right above Tallahassee
10,471 posts, read 15,835,178 times
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Cool...we're a nation... and we can join with others to become multinational.

We'll still own it! Man, that was easy!

Japan, EU urge action on food prices - CNN.com (http://edition.cnn.com/2008/BUSINESS/04/23/japan.eu/index.html - broken link)

Mayonnaise in Japan is up to almost 3 dollars a bottle.

First.. they came for the mayonnaise and I did not speak. Then they came for the soy sauce and I did not speak. And when they came for the nori...my California roll really, really sucked.

Japanese consumers feel the pinch of biofuel demand - Life Style - MSN Malaysia News - News
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Old 04-23-2008, 04:02 PM
 
Location: Southwest Nebraska
1,297 posts, read 4,770,541 times
Reputation: 910
Saw on Fox News tonight that Costco and Sams is already rationing rice in some areas.
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Old 04-23-2008, 04:13 PM
 
Location: Central CT, sometimes FL and NH.
4,538 posts, read 6,803,457 times
Reputation: 5985
Quote:
Originally Posted by arctichomesteader View Post
You won't when you find your country a rubble heap someday because of the worship of toilet paper (fiat money). Or what was it Jefferson said? Oh yeah:

"If the American people ever allow private banks
to control the issue of their money,
first by inflation and then by deflation,
the banks and corporations that will
grow up around them (around the banks),
will deprive the people of their property
until their children will wake up homeless
on the continent their fathers conquered."

Jefferson will be proven to have been spot on with his statement. Americans will no longer own their own country eventually.
Spot on! We are a representative democracy not a capitalist government. Capitalism is our economic model, yet we never had total free market capitalism and I hope to God we never do. I believe in capitalism and am a fiscal conservative but I am more concerned about our country's founding principles set forth in the Constitution than I am about our economic model. It does not say anywhere in the Constitution that capitalism is the rule of the people in the United States.

If we continue to travel down the road of unrestricted trade, asset ownership, and access to our capital without balanced reciprocity then we are setting our country up on a path to irrelevance in the world market.
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Old 04-23-2008, 05:42 PM
 
Location: Earth
1,478 posts, read 5,084,859 times
Reputation: 1440
I don't get it... it's just rice in short supply? What happened, was there a weak harvest somewhere, or a new rice-eating disease or critter? Why the shortage of just rice?
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Old 04-23-2008, 05:51 PM
 
3,459 posts, read 5,795,107 times
Reputation: 6677
A small shortage led to a few countries refusing to export their harvests (to keep prices down for their citizens). This led to larger shortages, which led to rapid price rises, which led to hoarding, which led to a run on the stores, which led to price increases.....which led to news stories, which led to a big run on the stores, which led to more news. Tonight and tomorrow the stores will get cleaned out.
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