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Old 03-10-2011, 06:06 PM
 
Location: Some T-1 Line
520 posts, read 819,065 times
Reputation: 448

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Quote:
Originally Posted by Kirdik View Post
Please point out which industry is not regulated in the US.
Which industry would we put Bernie Madoff and Wall Street?

Regulated is, by government standards, a term that is used very loosely. Just because you have regulations do not mean they are enforced.
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Old 03-10-2011, 06:07 PM
 
Location: Some T-1 Line
520 posts, read 819,065 times
Reputation: 448
Quote:
Originally Posted by kazoopilot View Post
"Barack Hussein Obama." I'm so tired of that thinly veiled racism. Liberals don't go around talking about "George Walker Bush" or "Sarah Louise Palin."

I can't rep you anymore.
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Old 03-10-2011, 06:09 PM
 
19,216 posts, read 12,535,056 times
Reputation: 2337
Quote:
Originally Posted by ajsmith365 View Post
Which industry would we put Bernie Madoff and Wall Street?
They just happen to represent America's manufacturing base for white collar crime.

Millions of people and professions depend on their products.
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Old 03-10-2011, 06:17 PM
 
Location: Some T-1 Line
520 posts, read 819,065 times
Reputation: 448
Quote:
Originally Posted by ergohead View Post
They just happen to represent America's manufacturing base for white collar crime.

Millions of people and professions depend on their products.
That may be true, but it is still a regulated industry in which a mathematician (I do believe) went to the Feds on several occasions to say that Bernie Madoff's stuff didn't add up and they did nothing. The regulations are there, but when you don't enforce it, it means nothing.

Similarly, look at the female exec at Enron who tried to break rank and try to do the right thing.
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Old 03-10-2011, 06:23 PM
 
5,915 posts, read 4,034,812 times
Reputation: 1396
Quote:
Originally Posted by kazoopilot View Post
I'm sorry, but that's just not true. There's nothing exceptional about America -- it's just another country.
Then why don't you like it here? You seem to be very fond of other countries.
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Old 03-10-2011, 06:25 PM
 
5,915 posts, read 4,034,812 times
Reputation: 1396
Quote:
Originally Posted by ajsmith365 View Post
Which industry would we put Bernie Madoff and Wall Street?

Regulated is, by government standards, a term that is used very loosely. Just because you have regulations do not mean they are enforced.
The OP insists that the US has an unregulated or not regulated enough economy.
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Old 03-10-2011, 09:44 PM
 
Location: Los Angeles
14,382 posts, read 7,546,445 times
Reputation: 6627
Quote:
Originally Posted by kazoopilot View Post
I'm sorry, but that's just not true. There's nothing exceptional about America -- it's just another country.
Then why are you hating it here? According to you, we should be well below the bar you've set ideologically. Believe me, it is true, and you are in denial 360. You've contradicted yourself as much as Charlie Sheen and Rod Blagojevich discussing current affairs.

If you can't view obvious exceptionalism as being exceptional, then I'd expect you view yourself as mediocre also, huh?
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Old 03-10-2011, 10:23 PM
 
Location: Georgia
1,258 posts, read 2,035,381 times
Reputation: 667
Quote:
Originally Posted by bentbow View Post
everything you just said is government caused.

Capitalism works with the rules given to them and the work it to their advantage, no matter what rule it is.

It is going to be the same rules or no rules, the only difference is how much it is going to cost them to play the governments games.
huh???
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Old 03-10-2011, 10:35 PM
 
Location: it depends
6,074 posts, read 5,151,621 times
Reputation: 5767
Quote:
Originally Posted by kazoopilot View Post
I'm sorry, but that's just not true. There's nothing exceptional about America -- it's just another country.
So, exactly how many other countries have had regularly scheduled elections for over two hundred years, with a peaceful handover of power to the duly elected successor--every time?

How many other countries were founded on ideals based on the sanctity of individual rights, including the right to life, liberty, and the pursuit of happiness?

How many other countries are composed mostly of people who came from all other nations on Earth, each seeking a better life, or their descendants?

Just asking.
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Old 03-10-2011, 10:40 PM
 
Location: Southcentral Kansas
44,924 posts, read 27,199,341 times
Reputation: 4269
Quote:
Originally Posted by kazoopilot View Post
The problem with those countries wasn't that they had state-managed economies, it was that their governments were (are) corrupt. Take away the corruption, and a planned economy will thrive.

You mentioned those countries, what about:

Sweden
Norway
Finland
Denmark
France
Brazil
Canada

How are these countries doing right now? Much better than we were in 2008, that's for sure.

Capitalism causes a temporary economic boom, followed by a deep depression. Socialism provides slower economic growth, but also prevents deep recessions and depressions.
Since you love all those socialistic countries so much just pick one and hope they will let you move in when you leave here. Don't let the back door smack your butt on the way out.
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