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I chuckled at this as it makes a great point. Government welfare is not limited to the poor or lazy. But to Farmers (estate corporate co-ops, not Ma and Pa Brown types) To oil companies (hi Exxon, BP, Conoco-Phillips, I'll even throw in Solyndra), bankers *cough* banksters. (Uncle sam bends over and really takes it from them, and moans in pleasure while they do it.) Hey now they are job creators... :haha::haha::haha::haha::haha::haha: :har::har::har::har: ... :wah::wah::wah: |
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In true capitalism they would have failed. Same as alot of banks. Can we call it fascism now? Veiled capitalism is too confusing for the rubes. I always owned a Ford. Since I was 17. Some meat-head hit my f-150 a few months ago, and I bought a new one. They don't break. They don't even sweat in the snow, and they didn't need a bailout either.:salute: |
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In April of 2010 GM announced it had "paid back" the bailout money - research showed that was false. Here is some data. http://reason.com/archives/2010/04/2...ailout-payback http://www.forbes.com/2010/04/23/gen...ha-dalmia.html http://www.consumerismcommentary.com...loans-in-full/ When the real data came out - the CEO of GM had to admit that it would take "years" to pay it all back. http://www.reuters.com/article/2010/...68F2NB20100916 In the end - the President had to admit that the taxpayers were going to lose about $14 billion even after repayment.... http://money.cnn.com/2011/07/21/auto...ains/index.htm Its a net loss regardless..... investment that could have been used elsewhere to save a company that should have gone under. Bailouts are bad - regardless of whether is auto, or finance. And I work for a bank... Also - yes - a few Billion is a "drop in the bucket" when our national yearly debt is well over a trillion - but until we stop all the drops in that bucket - it will continue to overflow and spill out our debt in ever increasing amounts. (edited to provide a more trustworthy link on the 14 billion loss) |
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Your not an idiot Takeda - just you said something that wasn't factual and I think the record ought to be straight. Facts mean something.
GM currently - is going good. Question is, how long? Will it stay that way, or fold again soon? The idea of capitalism is that a company lives - and dies - on its own merits and abilities. Ford didn't need a bailout - so it is playing on what is technicaly an unlevel playing field. If someone gave Ford 50 Billion for free, I would bet they would be doing fabulous for a while too. 5 -10 years from now will determine the historical view of GM. Until then, the question remains - did we bail out something only to see it fail again? Like you were - I am against bailouts - let market capitalism work. As I said - I work for a bank. We didn't get a bailout. We are growing - majorly - because we offer good products and make good business decisions. Thats how capitalism is supposed to work - reward those who offer what the consumer wants and neds the best. |
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It is a general sense of socialism, the example highlights the cons of socialism while pointing out the main goal of socialism, which is social equality - i dont mention the politics of instating socialist programs, or anything of that nature, i leave that to the socialist schools found around the world, those are their semantics that are highly debated, but i'll pass :|\\ " From each according to his ability, to each according to his need." I can somewhat agree with this - As I said i support some of our socialist qualities. [i admit calling them socialist programs is a little strong, as though i was declaring them so, lol, but ours dont follow a completely socialist model- so i'll adopt the word qualities instead] alot of government programs can be and in some cases do contain characteristics of other forms of economy - socialism and capitalism cannot coexist as they are, sometimes compromises are made from each and thrown together, the result is a mixed economy, some economies are more structured around capitalism, and others socialism - and because of this i made sure to mention we are a mixed economy, as thats the technical name for it, both socialist and social democrats support mixed economies...which speaking of, from a marxist perspective this would be an evolutionary stage between capitalism and socialism, as governments are said to progress through them until communism [but that has failed in every attempt so far] :hmmm: im no marxist, never studied it too in depth, thats just a wild guess With that said our welfare program is lacking in only one thing to fit the literal modern definition of socialism - it does not completely control our production [our jobs] though it does regulate plenty of sectors, it does not own us -- but in our model of welfare, state government does administrate the production of the collective[in this case our taxes] and handles the distribution of said taxes - but its goal is entirely socialist, being social equality I certainly wouldn't call our welfare program a capitalist trait, as its more akin to socialism than capitalism - but it cant truly be either one of the two, which ties back to me mentioning mixed economy As I stated, I agree with the idea of social equality - I'm all for SSI helping the elderly and disabled, prevent them from demographically having large gaps in quality of life compared to other social groups - but alot of the welfare programs here are being overly abused, and at the expense of the individual, which is what my example of tests in school points out We don't have a big enough 'social safety net' yet to be considered a welfare state, but i've already got my stomach full with what we do have. I'm sure alot of what i had to say is redundant info for you, but im just explaining my thought process - and im done rambling |
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Someone explain this to our last 2 presidents? Most of OWS would go home if you ended corporate welfare. I mean, they do not even try to disguise it anymore... It used to be called subsidies, now they got bold and just called it a bailout. Socialize the loss, privatize the profit. God bless fascist Italy...Ooopsies, I meant America, the beautifu...Corrup.... unscrupulou..., err uhh ... Hey at least we aren't Africa,:woot: |
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@diluvian & soopaman2 thank you for explaining your views. :salute: |
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If we had a chief executive that understood that the role of government was to get out of the way - of society, of capitalism, and of us just living our lives - we would be one step closer to where we need to be. OWS isn't just about corporate welfare though - its a lot of "I want my bailout too!" - which is where I differ with them - more welfare - just on a different level - won't fix the problem. Ending it all (except for the truly poor who need it and can't - not wont - subsist on their own) is what will. |
Point is Perry realized he has no chance and pulled out, putting the main objective of defeating Obama more important than his ego.That little turd Santorum for example, has no chance yet refuses to leave, which will cause some problems for Gingrich.
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In Rick Perry's mind, nothing is more important than his ego. Never forget that.
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I guess it is better for the ego to withdraw before too many primaries tell you that you suck. :)
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I'm glad he lost with that kind of smarts :yep: Quote:
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