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Old 09-14-2008, 09:58 PM
 
Location: At my computador
2,057 posts, read 3,401,845 times
Reputation: 510

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Quote:
Originally Posted by Alt Dach View Post
Hard to see how a post could be more wrong.SS payments today would be
twice what they are now and safe for a hundred years if CAPITALIST
politicos hadn't stolen all the money and given it toCAPITALIST corporations.
The CAPITALIST debt is/has destroyed our country and insured that
millions of children will never have medical or dental care which somehow
the socialized medical programs of every other developed country provide them.
Actually, Smith, the father of capitalism, was quite clear that corporations needed to be watched and contained. It's not "capitalist politicos" that is your issue, but politicians in general. Politicians have always screwed the system (except for a rare few like Washington). The problem is morons believing that a politician isn't going to rip you off.

You know what you sound like to me? A child. A child who drops their ice-cream and gets angry because the bees came and started eating it. Guess what little fella? Just like all bees go after ice-cream, all politicians blow money. They can't be trusted. (Haven't you ever taken a history course?) So please, don't cry when they do exactly what they've done since the beginning of time. Just stop repeating the same stupid mistake that is created when you vote for more socialism.

By the way, regarding other socialist countries: The U.S. is too big for it. If you like socialism, by all means, as the Founders intended, support it at the state level. Their is a possibility of it working out at that level, like other countries, when there aren't too many people involved and, thus, a bureaucracy that's too unwieldy.
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Old 09-15-2008, 08:16 AM
 
Location: Londonderry, NH
41,478 posts, read 59,535,221 times
Reputation: 24856
Bureaucracy used to employ large armies of clerks. The clerks have been replaced by computers. I, as Adam Smith, believe that corporate capitalism has to be very closely watched because the managers can risk the stockholders money without any cost to themselves.
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Old 09-15-2008, 11:25 AM
 
Location: At my computador
2,057 posts, read 3,401,845 times
Reputation: 510
Quote:
Originally Posted by GregW View Post
Bureaucracy used to employ large armies of clerks. The clerks have been replaced by computers.
Just wanted to post something?


Quote:
I, as Adam Smith, believe that corporate capitalism has to be very closely watched because the managers can risk the stockholders money without any cost to themselves.
I don't remember Smith wanting the government to watch corporations to reduce shareholder risk.

Manager ineptitude and/or dishonesty is a risk of holding stocks. Poor people shouldn't have to pay for rich people's increased investment security.

If you're going to invest-- this includes your 401k-- you have an obligation to track your investments... and that includes what's happening inside the company. It's not right to expect all of America to watch your stocks... and Smith never mentioned such a thing.

Read "The Wealth of Nations".
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Old 09-15-2008, 11:51 AM
 
Location: Orlando, FL
973 posts, read 2,221,129 times
Reputation: 383
Quote:
Originally Posted by Alt Dach View Post
Hard to see how a post could be more wrong.SS payments today would be
twice what they are now and safe for a hundred years if CAPITALIST
politicos hadn't stolen all the money and given it toCAPITALIST corporations.
Actually, you can blame the Democrat-controlled Congress under Eisenhower for allowing Social Security funds to be used for other purposes. Eisenhower missed the veto on that one. However, you can *directly* blame Clinton/Gore for removing our tax deduction on Social Security payments AND taxing our Social Security payouts. So much for recent Democrats "looking out for the little guy."
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Old 09-18-2008, 07:32 PM
 
862 posts, read 1,042,236 times
Reputation: 149
Quote:
Originally Posted by One Thousand View Post
Actually, Smith, the father of capitalism, was quite clear that corporations needed to be watched and contained. It's not "capitalist politicos" that is your issue, but politicians in general. Politicians have always screwed the system (except for a rare few like Washington). The problem is morons believing that a politician isn't going to rip you off.

You know what you sound like to me? A child. A child who drops their ice-cream and gets angry because the bees came and started eating it. Guess what little fella? Just like all bees go after ice-cream, all politicians blow money. They can't be trusted. (Haven't you ever taken a history course?) So please, don't cry when they do exactly what they've done since the beginning of time. Just stop repeating the same stupid mistake that is created when you vote for more socialism.

By the way, regarding other socialist countries: The U.S. is too big for it. If you like socialism, by all means, as the Founders intended, support it at the state level. Their is a possibility of it working out at that level, like other countries, when there aren't too many people involved and, thus, a bureaucracy that's too unwieldy.

The father or capitalism?Thats like trying to explain your behavior by refering to what your great-great-great-great grandfather said once upon
a time.Politicos do
the bidding of wall street not the other way around and I have a degree in history from the Univ.of MN .
Hardu to say how socialism works, there has neven been a full one although USA does have Socialism for the rich.
In my guess it ,as a humane system, would have to be on a human scale-say 10 million people tops.
Over 300 million probaly crpto-nat.socialiamis about it.
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Old 09-18-2008, 08:01 PM
 
Location: At my computador
2,057 posts, read 3,401,845 times
Reputation: 510
Quote:
Originally Posted by Alt Dach View Post
The father or capitalism?Thats like trying to explain your behavior by refering to what your great-great-great-great grandfather said once upon
a time.
Yeah, but if he was right, why would I abandon his beliefs? That's how it is with "The Wealth of Nations". Read it. You'll be surprised at how much it applies to today... as opposed to dreaming up something on your own which was already part of a failed philosophy centuries years old.

Read some old stuff. You'll quickly discover that no one is talking about anything new. It's all been talked about before.

Quote:
Politicos do the bidding of wall street not the other way around and I have a degree in history from the Univ.of MN .
Degree in history? Wow, great! Now that you know what happened, it's time to move on to the philosophies that motivated the players!... and, I don't know how that connects with "politicos".

Quote:
Hard to say how socialism works, there has neven been a full one although USA does have Socialism for the rich.
Well, my historically informed friend, it's not too difficult to conclude that capitalism is related to Locke which supports natural law and that socialism supports an imposed law that claims anything the state does is right... Hobbes.

Quote:
In my guess it ,as a humane system, would have to be on a human scale-say 10 million people tops.
Over 300 million probaly crpto-nat.socialiamis about it.
Please stop now.
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Old 09-18-2008, 10:17 PM
 
862 posts, read 1,042,236 times
Reputation: 149
Quote:
Originally Posted by One Thousand View Post
Yeah, but if he was right, why would I abandon his beliefs? That's how it is with "The Wealth of Nations". Read it. You'll be surprised at how much it applies to today... as opposed to dreaming up something on your own which was already part of a failed philosophy centuries years old.

Read some old stuff. You'll quickly discover that no one is talking about anything new. It's all been talked about before.



Degree in history? Wow, great! Now that you know what happened, it's time to move on to the philosophies that motivated the players!... and, I don't know how that connects with "politicos".



Well, my historically informed friend, it's not too difficult to conclude that capitalism is related to Locke which supports natural law and that socialism supports an imposed law that claims anything the state does is right... Hobbes.



Please stop now.

Javohl,my Leader : BUT MONEY talks-philosophy walks(away)
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