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Old 03-17-2010, 12:27 PM
 
1,842 posts, read 1,707,597 times
Reputation: 169

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Quote:
Originally Posted by crystalblue View Post
I hear this all the time.

Can anyone name anything govt does better than the private sector?
Well printing money for one. You have to do that correctly or you get hyperinflation or deflation. But the fed is semi privet.

Regulating the collective activity of everyone. What is in one persons perceived self interest isn't in everyone's combined best interest when everyone does the same thing at the same time. Looking at the big picture is what we have governments to do.
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Old 03-17-2010, 12:34 PM
 
Location: Portland, Oregon
7,085 posts, read 12,050,618 times
Reputation: 4125
Yep, they do. Especially denying coverage illegally.

Insurer targeted HIV patients to drop coverage - Health care- msnbc.com
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Old 03-17-2010, 12:35 PM
 
27,624 posts, read 21,115,129 times
Reputation: 11095
Quote:
Originally Posted by pghquest View Post
So you cant name anyone who has proposed such a thing, so by your own admission this was a ridiculous argument for you to bring up?
Quote:
You are now proclaiming that the rapid increase in incarceration is because businesses are in charge of the prison system? Really? Connect the dots..
Actually prisoners get better medical care than those on welfare or medicare.. If you think its inferior, maybe you can back this up with some facts...
Absolutely and this debate sounds familiar.

Judges take bribes to send youth to private prisons

Judges take bribes to send youth to private prisons - The Gathering For Justice (http://gatheringforjustice.ning.com/forum/topics/judges-take-bribes-to-send - broken link)

In addition to the jailing of the youths, the judges also admitted to helping "facilitate" the construction of private jails. The U.S. attorney for the Middle District of Pennsylvania, Martin Carlson, unveiled the charges last month.

Amy Goodman: How Two Former PA Judges Got Millions in Kickbacks to Send Juveniles to Private Prisons | Civil Liberties | AlterNet
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Old 03-17-2010, 12:50 PM
JPD
 
12,138 posts, read 18,288,075 times
Reputation: 8004
Quote:
Originally Posted by pghquest View Post
You are now proclaiming that the rapid increase in incarceration is because businesses are in charge of the prison system? Really? Connect the dots..
OK.

The more private jails fill up, the more jails need to be built, creating more profit and funding for the private jail industry.
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Old 03-17-2010, 12:55 PM
 
Location: Dallas, TX
31,767 posts, read 28,806,382 times
Reputation: 12341
Quote:
Originally Posted by pghquest View Post
So you cant name anyone who has proposed such a thing, so by your own admission this was a ridiculous argument for you to bring up?
I could call your name, but you've already shown a tendency to flip flop on the subject. You want a public office to create a safety net and protect you from corporations when asked for logic. And when emotions take over again, you go back to the good old rhetoric that a public office can't do anything better than the private sector.

Quote:
You are now proclaiming that the rapid increase in incarceration is because businesses are in charge of the prison system? Really? Connect the dots..
As I said, "perhaps", among other reasons. How else do you explain a rapid increase in incarceration rate? (Graph)

Quote:
Actually prisoners get better medical care than those on welfare or medicare.. If you think its inferior, maybe you can back this up with some facts...
Where did this "inferior" come from? Besides, do prisoners get socialized medicine? Or, do they maintain private insurance like you (I assume) and I do?
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Old 03-17-2010, 12:57 PM
 
Location: Blankity-blank!
11,446 posts, read 16,179,956 times
Reputation: 6958
Quote:
Originally Posted by JPD View Post
OK.

The more private jails fill up, the more jails need to be built, creating more profit and funding for the private jail industry.
Exactly, Capitalism in action.
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Old 03-17-2010, 12:59 PM
 
Location: Texas
5,872 posts, read 8,090,819 times
Reputation: 2971
Quote:
Originally Posted by rhinestone View Post
It's clear the private sector has a better approach to banking. How about we just turn over the Treasury Department to Goldman Sachs?
I know that has to be sarcasm...but let's not give any of those former Goldman employees any ideas shall we.
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Old 03-17-2010, 01:17 PM
 
27,624 posts, read 21,115,129 times
Reputation: 11095
Quote:
Originally Posted by Visvaldis View Post
Exactly, Capitalism in action.
So as long as it comes under the heading of "Capitalism" it does not mattter if it is in its corrupted form. Did I get that right?
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Old 03-17-2010, 03:07 PM
 
377 posts, read 326,162 times
Reputation: 90
Quote:
Originally Posted by pghquest View Post
...

Considering the free market 401K's and retirement funds are filled with assets, not IOU's, you arent making any points here.. How safe is your safety net if there is no cash

....
The bonds in Soc. Sec. are not IOUs. They are treasury bills. Unless of course the IOUs you issue are supported by the full faith and credit of the USA, then Tbills are IOUs.

Defined Benefit plans are generally underfunded in operation and do not have to have full funding...it is called statutory minimum funding.

And to answer your question, any privatized pension plan would kill to be in the financial shape that SS is in especially in light of the economic crash that has devalued the stock market. That's what true conservative investing can do...survive the crashes.

SS is robust and just fine.
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Old 03-17-2010, 03:29 PM
 
Location: Foot of the Rockies
90,297 posts, read 120,694,120 times
Reputation: 35920
Quote:
Originally Posted by pghquest View Post
I would expect grocery stores to then regulate to make sure the food they sell is safe, in order to avoid being SUED out of existance..
Yes, that's exactly what was going on before any food protection laws were passed: (not)

Food safety: Information from Answers.com

"The year 1906 was an important one for federal food safety regulation with the passage of both the Pure Food and Drug Act and the Federal Meat Inspection Act. The public was fed up with shocking disclosures of unsanitary conditions in meatpacking plants and the use of poisonous preservatives and dyes in foods. "

Unfettered capitalism is wonderful, ain't it! Damn those regulators!

Last edited by Katarina Witt; 03-17-2010 at 04:02 PM.. Reason: add not
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