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Old 12-28-2010, 02:05 PM
 
Location: By the sea, by the sea, by the beautiful sea
68,329 posts, read 54,373,658 times
Reputation: 40731

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Quote:
Originally Posted by HappyTexan View Post
No, that would be fraud, not capitalism.
It's only fraud when you get caught, otherwise it's often just capitalism at work
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Old 12-28-2010, 02:05 PM
 
Location: Great State of Texas
86,052 posts, read 84,464,288 times
Reputation: 27720
Quote:
Originally Posted by artsyguy View Post
Enron set the example for modern businesses.
Enron was but the canary in the coal mine for what corruption and greed will allow a business to get away with and uncovered just how blind of an eye the Fed gov has towards regulation.
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Old 12-28-2010, 02:06 PM
 
Location: Out in the Badlands
10,420 posts, read 10,826,300 times
Reputation: 7801
Quote:
Originally Posted by oberon_1 View Post
Who said they aren't hiring? They do, just not in the US...

Where are the jobs? For many companies, overseas - Yahoo! News (http://news.yahoo.com/s/ap/us_overseas_hiring - broken link)
Yep...Over regulation...over litigation...and over paid.
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Old 12-28-2010, 02:06 PM
 
Location: Great State of Texas
86,052 posts, read 84,464,288 times
Reputation: 27720
Quote:
Originally Posted by burdell View Post
It's only fraud when you get caught, otherwise it's often just capitalism at work
Sad that you think that is how capitalism works.
The US Fed Gov is full of regulators..all who were and still are asleep at the wheel.
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Old 12-28-2010, 02:09 PM
 
Location: By the sea, by the sea, by the beautiful sea
68,329 posts, read 54,373,658 times
Reputation: 40731
Quote:
Originally Posted by HappyTexan View Post
Sad that you think that is how capitalism works.
The US Fed Gov is full of regulators..all who were and still are asleep at the wheel.
Sad? Nah, I'm just realistic.

If that's not how things often work tell me how many have been prosecuted for selling people mortgages they knew from the outset those people couldn't afford?
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Old 12-28-2010, 04:10 PM
 
Location: Great State of Texas
86,052 posts, read 84,464,288 times
Reputation: 27720
Quote:
Originally Posted by burdell View Post
Sad? Nah, I'm just realistic.

If that's not how things often work tell me how many have been prosecuted for selling people mortgages they knew from the outset those people couldn't afford?
That's not capitalism..that's what I'm trying to get across to you.
We DO NOT have true capitalism at work here in America.

Corporatism, cronyism I'll buy. But not capitalism.

Capitalism may be going on at the local level with people you deal with everyday. But when you get into the upper echelons of the wealthy..that is not capitalism.
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Old 12-28-2010, 04:24 PM
 
320 posts, read 290,379 times
Reputation: 137
Oh wait a minute!!!!

I thought we were continuing the failed Bush tax cuts so Americans can get back to work? You mean we were lied to again?
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Old 12-28-2010, 04:34 PM
 
Location: cary, nc
609 posts, read 505,796 times
Reputation: 670
If only our Senior management at US Companies was paid at the same level of Senior management in China/India ...
American workers are paid peanuts ... while salaries and bonuses of Senior Management is going through the roof. Then when companies fail, workers are blamed and laid off, Senior Management get golden parachutes and new jobs on TV as analysts ...
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Old 12-28-2010, 04:40 PM
 
Location: Great State of Texas
86,052 posts, read 84,464,288 times
Reputation: 27720
Quote:
Originally Posted by Domination83 View Post
Oh wait a minute!!!!

I thought we were continuing the failed Bush tax cuts so Americans can get back to work? You mean we were lied to again?
When one flavor of koolaid fails to make the grade they'll look for another flavor to feed you.
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Old 12-29-2010, 09:46 PM
 
Location: Chandler, AZ
5,800 posts, read 6,566,607 times
Reputation: 3151
Who says the Bush tax cuts were a failure?

Tax hikes have and will always be a complete failure insofar as generating extra revenue, as Hoover, FDR & Obama have and/or will conclusively prove, and ending this stupid debate forever!!!!!!!!!!!!!
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