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Watch Senator Sanders' 3 Hour (So Far) Long Filibuster On Taxes... Update: At 6:58PM Sanders' Speech Has Ended, Almost 9 Hours Long

Tyler Durden's picture




 

Senator Bernie Sanders commenced a filibuster speech at 10:25 am this morning objecting to the proposed tax extension. Three hours later, and now joined by Mary Landrieu, the soliloquy (or is that duoloquy) continues. While the backstage dealing will likely not be impacted much if at all by this speech, it does provide for entertaining viewing. Bernie sure is passionate about the topic.

CSPAN webcast after the jump:

 

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Fri, 12/10/2010 - 14:48 | 796324 sethco
sethco's picture

GO BERNIE! The last man with any integrity in the Senate.

Fri, 12/10/2010 - 15:11 | 796405 aint no fortuna...
aint no fortunate son's picture

+1000000000000

Fri, 12/10/2010 - 15:34 | 796522 Red Neck Repugnicant
Red Neck Repugnicant's picture

Speaking of taxes...

Does anyone know if the Bush tax cuts were enough to offset the hidden tax of dollar depreciation throughout the Bush years?  I believe the dollar was destroyed by 40% during his presidency, so although the Republicans hang their hats on those tax cuts, I am curious about the net tax affect (hidden and real) of Republican fiscal policies.  

Total insolvency of our banking system, not included.  

And regarding the argument that gross tax receipts increased despite the Bush tax cuts, I'm wondering how the fact that everyone had an ATM card with a picture of their house on it factors into that argument.  

Please advise. 

Fri, 12/10/2010 - 15:48 | 796601 kridkrid
kridkrid's picture

Sincere question:  Do you receive income from the Democratic Party?  If you do, and if posting is just your job, as completely pathetic as that may be, it would be, at the very least, understandable.  If you do not receive income from the Democratic Party, you are no different than the supporters of the Republicans whom you vilify at every opportunity.  It is at the same time funny and sad.

Fri, 12/10/2010 - 18:18 | 797176 Bob
Bob's picture

That's just it, though.  He's so stupidly counter-productive that you have to think that if somebody is actually paying for this shit, it must be the other side!

I'm a genuine liberal--and I junk his ass almost on sight.  On principle alone.  He's a complete dumb ass.  Can't figure out who he works for!

Gotta say, though, that girlie-men liberals tend to have much better social skills.   He seems like a gross and pathetically lame caricature of a liberal at best. 

Fri, 12/10/2010 - 21:16 | 797707 Red Neck Repugnicant
Red Neck Repugnicant's picture

Bob-a-licious

I would strongly urge you to take a quarter Xanax bar before logging on. 

Here's my psychological profile of you:

Gay.

You seem to be very emotional and overly dramatic about my posts. Trite and catty, too.  In fact, your response seems so overdone, that I'm beginning to get the sense that you might be slightly more homo, than sapien.

I'm not trying to take a cheap shot at you by calling you gay (that's your prerogative, so long as you don't cause hurricanes), but you certainly exhibit some very dramatic and catty qualities that lend some merit to my suspicions.

When you say:

Gotta say, though, that girlie-men liberals tend to have much better social skills.

...WTF does that mean?  What part of the discussion prompted you to care about social skills and popularity? That's so...Melrose.

I'm a genuine liberal--and I junk his ass almost on sight..

That's vindictive and catty, like a high school girl gluing toilet paper to a prettier girl's locker.

Can't figure out who he works for!

Again, that's just so....gay.  So gossipy and catty and dramatic and conspiratorial.  Barf!

You need to spend less time watching the Bravo channel, and more time preparing your wife for the Honey...I think I might be gay conversation. 

RNR 

Sat, 12/11/2010 - 03:59 | 798199 Bob
Bob's picture

I've explained this to you before.  Your sophomoric old-world partisan games are an ignorant bore, brilliantly provocative as you strive to be  Even people who "lean" democrat junk you.  

Your imperviousness to constructive feedback in combination with your impressive knack for poisonously representing the constituency you claim is what naturally compels people to question your motivations. 

On the web, that equals tool or troll. 

 

Sat, 12/11/2010 - 14:59 | 798885 Elitist Lib Dum...
Elitist Lib Dummydont's picture

That is to say: ad-hominem, ad hominem, ad hominem, I refuse to answer kridkrid's question or Bob's critique because they are too close to the truth for comfort. George Bush, worst president ever! This whole financial mess is Dubya's fault, and Dubya's alone. Oh, look over there!

 

Obama/Soros/Lenin's corpse 2012

Fri, 12/10/2010 - 16:06 | 796691 ZakuKommander
ZakuKommander's picture

RNP, neither I nor most of the people who legitimately frequent this site are Republican (in the sense that they support that party no matter who the candidates may be), or people lame enough not to see through the propaganda of the so-called "two-party" system.  When push came to shove, as in the renomination and approval of the Bernank, Republicans and Dems who couldn't agree on much were singing Kumbaya and holding hands.  

Indeed, partisan bickering plays into the hand of those who wish to divide and distract the populace.

Anyone who holds themselves out as a cheerleader for one side or the other simply will never be taken seriously here.

 

 

Fri, 12/10/2010 - 16:52 | 796885 Max Hunter
Max Hunter's picture

RNP, neither I nor most of the people who legitimately frequent this site

I wish you were right about that.. I'm not so sure... I thought the same thing until a post came along that shattered my hope that the left/right paradigm was a minority here..

Fri, 12/10/2010 - 16:56 | 796890 Red Neck Repugnicant
Red Neck Repugnicant's picture

I've repeatedly said that I'm not a Democrat, and I certainly don't work for them.   

I disagree with your notion that most people here aren't Republicans, or don't subscribe to left/right paradigms - I would wager the exact opposite.  Most here voted Republican in 2000, 2004, 2008 and have become more and more disenchanted with their party as time moves on. I hope, anyway.  

When I smash the Republicans, I'm not doing it to swing votes to the Left.  I simply enjoy pointing to the deep, rich hypocrisy of the Right - something that gets swept under the rug daily around this forum. 

Now... back to my questions posted above. 

 

 

Fri, 12/10/2010 - 17:28 | 797037 EscapeKey
EscapeKey's picture

Read "Tragedy and Hope", Carroll Quigley. American politics has been controlled by behind-the-scene interests since 1883.

Fri, 12/10/2010 - 18:50 | 797290 tmosley
tmosley's picture

What exactly would you wager?  Because I'll take that fucking bet.

I voted Democrat, Democrat, Libertarian in 2000, 2004, and 2008.  Come on folks, lets see where you voted.

Your enjoyment of pointing out the "deep, rich hypocrisy of the Right" reminds me of the episode of Star Trek where the people who were black on the left and white on the right hated those who were black on the right, and white on the left, as someone pretending to be a neutral party focusing his hate on one group or the other, but in actuality he is focusing his hate on the group that is not in power.  Stupid powerless jerks!

The question is, when the Republicans win in 2012, will you start pointing out the "deep, rich hypocrisy of the Left"?  Perhaps you can adopt the moniker "Blue Balled Democrog"?

Fri, 12/10/2010 - 19:58 | 797478 CrockettAlmanac.com
CrockettAlmanac.com's picture

2000 Nader, 2004 Kerry, 2008 no vote (Paul in primary).

Fri, 12/10/2010 - 19:26 | 797394 Devore
Devore's picture

You'll find the republican and democrat hypocrisy is regularly poked around here. If you wish to score points for or against either side, you won't find much support here beyond the junk button.

Fri, 12/10/2010 - 19:55 | 797466 SilverRhino
SilverRhino's picture

I'm too busy loving the ultimate spanking Obama just got on national television delivered by Bill Clinton.    Little wannabe-president fucker (Obama) ran away to a Christmas party and left BILL FUCKING CLINTON with a live microphone being called Mr President by ALL of the press.  Bill then spent 30 minutes being his eloquent self and showed the world what a real President looks like and how he speaks. 

 

And I'm a fucking right winger giving props to BJ Bill of all people.  

 

Fri, 12/10/2010 - 23:19 | 797961 FEDbuster
FEDbuster's picture

I am a Ron Paul supporter, but found myself wanting more Clinton after 8 yrs of Bush 2 and 2 years of "Teleprompter" Obummer.

On subject, Sander's offered 9 hours of truth in a venue that hasn't heard the truth in years.  I am not on board with his steal from the rich to give to the poor, but when he talks about jailing the crooked banksters I am 100% in support.

 

 

Fri, 12/10/2010 - 19:59 | 797469 SilverRhino
SilverRhino's picture

edit: Goddamn turbo mouse buttons.

Fri, 12/10/2010 - 20:00 | 797483 CrockettAlmanac.com
CrockettAlmanac.com's picture

Obama's lucky that Clinton didn't have an Alexander Haig moment.

Fri, 12/10/2010 - 23:26 | 797977 StychoKiller
StychoKiller's picture

I'm thinking a large part of the World population would've accepted his takeover at this point! :>D

Sat, 12/11/2010 - 02:05 | 798240 Dolar in a vortex
Dolar in a vortex's picture

He soooo wanted to but he feared the wrath of the Sec'y of State!

Fri, 12/10/2010 - 19:59 | 797472 SilverRhino
SilverRhino's picture

deleted

 

Fri, 12/10/2010 - 15:25 | 796480 Dr. Richard Head
Dr. Richard Head's picture

Last I checked Socialist/Independent Sen. Sanders caved in regarding the audit of the Fed after financial terrorists suicide bombed the Dow for a flash crash in May of this year.  Does Sen. Sanders have integrity or are his antics more a form of political grandstanding? 

Granted, we did get a nice peak at the Fed's multi-trillion dollar give-a-way-a-thon for a motorcycle and a Big Mac.  I do give Sen. Sanders a kudos for that.  I guess us constitutional fundamentalists can’t have everything we want in the form of transparency as it relates to the Fed.

At the end of the day the Congress is derelict of its duty and, unfortunately, their off and on budget spending is inconsequential when compared to the fiat bazookas of the Fed. 

I’ll just buy silver and continue to make life hell for the closest political hack I can reach with the back of my hand, i.e. local Mayor. 

Fri, 12/10/2010 - 15:51 | 796620 kridkrid
kridkrid's picture

Nice summary. 

Fri, 12/10/2010 - 16:14 | 796716 midtowng
midtowng's picture

+1111111

Thank Gawd for Bernie

Fri, 12/10/2010 - 19:49 | 797450 aint no fortuna...
aint no fortunate son's picture

Damn proud to be a Vermonter (1/2 the year anyway)

Fri, 12/10/2010 - 20:21 | 797528 Eric The Red
Eric The Red's picture

Bernie is my favorite Senator.  Maybe that's why I chose "Eric the Red"

Sat, 12/11/2010 - 00:32 | 798051 G-R-U-N-T
G-R-U-N-T's picture

Who is Bernie Sanders?

http://en.wikipedia.org/wiki/Bernie_Sanders

When you see B.S. you see Bernie Sanders!

He and others of his ilk are like bloated ticks sucking on the necks of the American taxpayer.

http://www.youtube.com/watch?v=ADRv6AsznH4

Parasites such as these are among the most nefarious life forms on the planet.

 

 

Sat, 12/11/2010 - 05:39 | 798343 M2Market
M2Market's picture

He would be the perfect image of a do-gooder, world-improver that travels down the road of the best of intentions.... We all know where that road leads to....  

If Bernie would have his ways he probably would give each family under the poverty level a million dollar check each, printed monopoly money of course (The thing about these do-gooders is that they think rich folks are like trees, that money just grows on them. Easy pickin' alright.  The truth is these rich folks are more like mongoose; it actually takes EFFORT to catch one of these bastards, and if effort ever was their thing they would be one of them rich folks already, but it's not, so no money tree or mongoose, just the good old printing press)

Soak the makers of wealth sounds really awesome, but the inconvenient truth is that the zombies are too many!  there aren't enough riches to soak for the zombies that are joining the parasitic ranks every day.  Nice try Bernie, but its been tried before by many, and so far none have succeeded yet.

Fri, 12/10/2010 - 14:48 | 796326 RobotTrader
RobotTrader's picture

Despite:

- PIIGS crises

- Bond market crash

- Europe protests

- Korean missles

- Inflation/deflation debates

- Tax cut or no tax cut

And everything else that has been thrown at the market.

Capital One remains resilient, and is now up 4 days in a row, nearing the top end of the trading range.

Pretty amazing.

 

Fri, 12/10/2010 - 14:49 | 796329 xanax
xanax's picture

More proof the "news" never has any significant correlation to market movements.

Fri, 12/10/2010 - 15:01 | 796376 RobotTrader
RobotTrader's picture

Exactly.

Follow the tape.

Ignore the news.

Failure to follow this method will result in bankruptcy for those who trade for a living.

Fri, 12/10/2010 - 15:04 | 796388 Deep
Deep's picture

And the stock still down almost 50% from 3 years ago. Pretty amazing.

Fri, 12/10/2010 - 15:21 | 796457 ReeferMac
ReeferMac's picture

Did you hear a word I just said?

Buy the fucking dips.

Fri, 12/10/2010 - 15:29 | 796494 Dr. Richard Head
Dr. Richard Head's picture

I'm wanna dip my balls in it -

http://www.youtube.com/watch?v=gR1hI_Ikuv8

 

Fri, 12/10/2010 - 16:03 | 796673 Temporalist
Temporalist's picture

This is Ben Bernanke and Tim Geithner getting way more pudding than they need.  "Barry and Levon where did you get $240?  Shhhhh...":

http://www.mtv.com/global/music/videos/popout/?id=1539536&vid=133949

Fri, 12/10/2010 - 15:22 | 796464 traderjoe
traderjoe's picture

And has under-performed gold and silver in the past 15 months. While at the very least Robo posted more then a 5-min chart he failed to mention that the stock's been dead money for 15 months.

Fri, 12/10/2010 - 15:47 | 796592 Common_Cents22
Common_Cents22's picture

Any good poker player never really plays their cards, they play the other players!

fundaMENTAL analysis is pure suicide in this market.  any small fundaMENTAL investing success is coincidental.

 

You must play the other players, irrational or not.   Or you are dead.

 

If you sit around the virtual trading table and you don't spot the obvious idiot mark, you are IT!

 

Imagine going to a poker room and sitting down at a table with poker players that all know each other.  You will NEVER win.   EVER.   They are there to strip you of all your money.   Kinda like the market.

Fri, 12/10/2010 - 17:49 | 797111 traderjoe
traderjoe's picture

Looking around the table I see a bunch of frauds, cheats, and charlatans. I see nothing more then printing, borrowing, and spending. I do not see a way out, or a managed collapse. I see only people fighting for how hard we can press the accelerator until we drive off the cliff. 

I see the FRN going to zero. Not against the FX trades. Against goods and hard assets. I do not know when, but I do know how. I cannot time the exit. I am preparing accordingly. 

Fri, 12/10/2010 - 18:51 | 797297 tmosley
tmosley's picture

Surely you mean those who film themselves masturbating in burning buildings for a living?

Fri, 12/10/2010 - 20:25 | 797539 Eric The Red
Eric The Red's picture

My experience also.  If I turn off the TV, stay off the computer, and keep an eye on my favorite moving averages, I trade a LOT better.  Logging off now....

Fri, 12/10/2010 - 15:20 | 796450 SheepDog-One
SheepDog-One's picture

Big deal, not even as high as it was in April.

Fri, 12/10/2010 - 16:06 | 796690 Temporalist
Temporalist's picture

Somehow you leave out the market is artificially inflated by counterfeit money distributed by the Fed into the hands of bankers that have already raped the system for their benefit and continue to do so with your approval.

Fri, 12/10/2010 - 18:52 | 797299 Logans_Run
Logans_Run's picture

I am certain that is in part because Capital One has taken a "no write-offs" approach to their delinquent balances. While Chase and others have shown a willingness to negotiate with defaulting creditors, Capital One has taken the hardass approach.

Fri, 12/10/2010 - 14:49 | 796328 Spalding_Smailes
Spalding_Smailes's picture

Hes into cross-dressing...? WTF ?

Fri, 12/10/2010 - 14:56 | 796352 Oh regional Indian
Oh regional Indian's picture

All countries have convoluted government proceedings.

The US has some of the most convoluted in the world.

It's like th ewhole system was set up fromt he get go to allow shady stuff happening (like how our favourite un-bank, the non-federal reserve-less came into being).

And who the heck calls anything a fillibuster.

Sounds like a pony and dog show!

ORI

http://aadivaahan.wordpress.com

Fri, 12/10/2010 - 14:57 | 796358 MarketMinds
MarketMinds's picture

If a socialist is for it, im against it.

Fri, 12/10/2010 - 15:07 | 796394 dbach
dbach's picture

thats the sort of attitude that will get this country no where. I lean libertarian but I agree with this guy's position on bringing back manufacturing and not extended the upper end tax cuts. It time for tough choices or things will only get worse.

I wish Illinois got someone good to vote for like Sanders, instead of picking between a douche and a turd as is always the case. Atleast Sanders seems to be in the best interest of his constituency.

Fri, 12/10/2010 - 15:08 | 796401 MarketMinds
MarketMinds's picture

Bottom line i dont trust the motives of someone whos political veiws depend on capitalism failing.

 

im a libertarian also, and in the people republic of illinois.

 

I assume you were one of the other 80k people who voted for Labno?

Fri, 12/10/2010 - 15:24 | 796440 dbach
dbach's picture

lol yeah i voted lobno. People's Republic of Illinois ftw comrade.

I guess my point is that if there were libertarians and communists as reps & sens they would get more done and the result would be a stronger country. On these tax breaks- they all should expire and the budget gap should be filled. If the people don't like it then they will yell and cry and things will get cut. But if the people don't pay for the benefits and you ask the people if you can cut them - who would agree to that?

Fri, 12/10/2010 - 15:36 | 796538 Dr. Richard Head
Dr. Richard Head's picture

Nonsense about letting the tax cuts expire.  It's a spending problem, not a revenue problem.  We could free up $500billion if we leave most of our war posts from the Korean War through Gulf War I.  The tax funds are the peoples money, not the gunverment.

Fri, 12/10/2010 - 15:41 | 796567 dbach
dbach's picture

Im all for that idea, but most people aren't. So make 'em pay for it. Then people will be more willing to let go of these stupid expenditures. Eventually, taxes will be able to be far lower than they are now. I just don't believe in borrowing to fix the problem because that perpetuates the status quo.

Also I love the avatar

Fri, 12/10/2010 - 15:36 | 796540 dnarby
dnarby's picture

I don't lean Libertarian I am one - And I agree with much of what Bernie says and does.

I also have no problem with Socialism so long as it is contained to a county or state level.  Hell, it might even work if kept small enough so you could keep track of the money.

But Capitalism?  Wake up, Capitalism died many decades ago, probably about the time the Fed was formed.  We've had Corporatism ever since.

Fri, 12/10/2010 - 15:47 | 796593 Alienated Serf
Alienated Serf's picture

Another Libertarian here...  Great response, I will use this approach on my mentally challeneged associates who are caught up in the idiotic left/right paradigm.

Fri, 12/10/2010 - 17:52 | 797127 weinerdog43
weinerdog43's picture

I don't understand the junks.  I'm a Liberal for pete's sake and and share a whole lot of goals of Liberatarians.  I think Ron Paul is great (even though he's in the retard party).  We indeed have corporatism and that is most certainly NOT capitalism.  Great post.

Fri, 12/10/2010 - 18:54 | 797304 hardcleareye
hardcleareye's picture

Well said...+++++

Fri, 12/10/2010 - 19:36 | 797421 Devore
Devore's picture

I bet someone is just pressing the junk button randomly.

As a libertarian myself, I too have no problem with socialism. It's the people's money, they can do what ever they want with it. On two conditions: everything is local (not national), so it stays manageable and responsive to local needs, and you can "opt out" by simply moving. Two, it has to be fully funded. If the people want "free" health care for everyone, sure, as long as they understand how much it will cost, and they will pay for it NOW, not in two generations.

Fri, 12/10/2010 - 15:10 | 796402 svendthrift
svendthrift's picture

Libertarianism has been carefully built to undermine right-populism in the West. The reason you support his positions on manufacturing and taxes is that you're a populist.

Sanders is a social-democrat. Which is real leftism. Leftists in the US are focused on identity politics. The neo-liberals come up the middle.

Fri, 12/10/2010 - 17:53 | 797129 weinerdog43
weinerdog43's picture

You sir, are a moron.

Fri, 12/10/2010 - 15:23 | 796439 Cow
Cow's picture

so it's ok with you that he is a socialist?  Are you that young? or just stupid?

Having said that, I hope Sanders filibusters until January.  Go Bernie Go!  The proposed bill sucks.

Fri, 12/10/2010 - 15:24 | 796479 xanax
xanax's picture

Socialism is not a dirty word across the board.  Some level of socialism is needed for society to even function.  Unless you don't want stuff like electricity, water, or roads.  So once you've signed up for having a society, after that it's just a balancing act.

Fri, 12/10/2010 - 15:27 | 796489 Cow
Cow's picture

Sanders is not "some level of socialism".  He is a 100% socialist.   Big difference.

Fri, 12/10/2010 - 15:51 | 796623 pazmaker
pazmaker's picture

He is a dirty skunk politician like the rest of them regardless if he has a (D) (R)   (L)  (S) after his name

 

Fri, 12/10/2010 - 17:26 | 797028 Max Hunter
Max Hunter's picture

No he isn't. Not even close..

Fri, 12/10/2010 - 18:59 | 797317 hardcleareye
hardcleareye's picture

Cow, save yourself from looking like a fool..  do alittle "homework" on Bernie.. 

Fri, 12/10/2010 - 19:59 | 797479 Cow
Cow's picture

Here's a little "homework" for you.  Bernie Sanders gutting the Audit the Fed legislation as explained by Ron Paul:

 

http://www.youtube.com/watch?v=BTjuZAQjj-0

 

Fri, 12/10/2010 - 15:28 | 796495 goldsaver
goldsaver's picture

Why would you need socialism to have electricity, water and roads? Electricity and water are typically a commercial or CoOp endeavor and roads can be built locally by the county or privately by the local residents. Fail to see where socialism is the only or best way to provide those services.

Fri, 12/10/2010 - 16:27 | 796787 pan-the-ist
pan-the-ist's picture

And Interstate Highways?  Should everyone mine their own iron and generate their own power locally too?  As a capitalist, should I be restricted on where I can manufacture goods so I don't have to pay egregious tolls to the rentiers who own the railways and toll roads?  Once you give 'private' enterprises monopolies on resources created for the public good (roads, water etc) you create a rentier class.  We've been there, we've done that.  We want a free market so we socialise some resources, and guess what - you get taxed to pay for it.

Fri, 12/10/2010 - 17:08 | 796957 xanax
xanax's picture

Wow, you got junked for a coherent and well-written post.  I guess that's the prepubescent ZH readership for you.

Fri, 12/10/2010 - 19:01 | 797321 hardcleareye
hardcleareye's picture

Pan, very well written...  ++++++++++++

Fri, 12/10/2010 - 20:18 | 797517 CrockettAlmanac.com
CrockettAlmanac.com's picture

should I be restricted on where I can manufacture goods so I don't have to pay egregious tolls to the rentiers who own the railways and toll roads?  Once you give 'private' enterprises monopolies on resources created for the public good (roads, water etc) you create a rentier class.

People who provide goods and services seek to satisfy customers over the long run. If they don't do so they go out of business. It's a self correcting problem. Only the government and it's cronies are Too Big to Fail. Government is the problem.

Fri, 12/10/2010 - 23:57 | 798034 pan-the-ist
pan-the-ist's picture

Fallacy.  Ask any successful monopolist if they are concerned with going out of business.

Sat, 12/11/2010 - 01:05 | 798163 faustian bargain
faustian bargain's picture

Show me a monopolist that isn't supported by government intervention and there will be your answer.

Sat, 12/11/2010 - 07:58 | 798376 pan-the-ist
pan-the-ist's picture

None exist today because we have laws that prevent it... ever heard of anti-trust?

Wow, you're naive.

Sat, 12/11/2010 - 12:42 | 798638 M2Market
M2Market's picture

And who's the naive one here?  The biggest monopy today is the one that has total power over the one thing that don't belong to them --- Your money.  This is the very same boyscout crap that leads people to believe tax policy or socialism can equalise wealth.  All your fancy income redistributing/social re-engineering efforts wouldn't amount to didlysquat if the grandmaster decides to mess with the value of your paycheck.  Pay heed to the phrase "Let me control and issue a nation's money and I care not who makes its laws"

Sun, 12/12/2010 - 09:15 | 799943 pan-the-ist
pan-the-ist's picture

Sounds like you need to learn to live within your means.

Fri, 12/10/2010 - 23:23 | 797968 goldsaver
goldsaver's picture

So you dont pay FEDEX to ship your products? How about railroads? Lets compare AMTRAX with Union Pacific and tell me which one is more efficient and better for your business? And you don't think you are paying egregious tolls? Ever drive thru NJ?

If a good or service is offered by the private sector, competition brings choices and forces price discovery. Only when  government regulations distort the market by favoring one business over another, or worst, eliminates the competition by creating monopolies or forcing citizens to pay taxes for the service wether they use it or not is when you loose choice and efficiency.

BTW, I have no problem with interstate federal highways. They are an enumerated power in the constitution, "to build post offices and post roads", and to "regulate (as in tomake regular) interstate commerce". Those are valid Federal powers we all pay for. 

Fri, 12/10/2010 - 23:59 | 798040 pan-the-ist
pan-the-ist's picture

Re-read then reply once you've absorbed it fully.

Sat, 12/11/2010 - 00:24 | 798094 goldsaver
goldsaver's picture

So your counterargument is that your point is so deep and brilliant that the rest of us must be stupid for not agreeing with it instantly?

The emperor has no clothes.

Fri, 12/10/2010 - 23:35 | 797989 StychoKiller
StychoKiller's picture

Agreeing to some socialism is like agreeing to only get a little pregnant.  Get some principles to stand for.

Sat, 12/11/2010 - 00:00 | 798045 pan-the-ist
pan-the-ist's picture

I'm not the first to point out that your out of touch.

Fri, 12/10/2010 - 20:13 | 797507 CrockettAlmanac.com
CrockettAlmanac.com's picture

Socialism is not a dirty word across the board.  Some level of socialism is needed for society to even function.  Unless you don't want stuff like electricity, water, or roads

None of those things came about due to Socialism. In a socialist society there would have been no Franklin or Edison to have harnessed electric power (each were self made individuals from boyhood who escaped the tender mercies of public education which is the first pillar of socialism). Same goes for the rest of the list.

Sat, 12/11/2010 - 00:07 | 798062 pan-the-ist
pan-the-ist's picture

Edison responsible for harnessed electric power? Seriously?

Edison was a thief and a goon.

Time for a history lesson bub.

Sat, 12/11/2010 - 11:22 | 798487 Rick64
Rick64's picture

 Ouch some reality. Nikola Tesla.

Sat, 12/11/2010 - 13:27 | 798743 CrockettAlmanac.com
CrockettAlmanac.com's picture

Try Westinghouse.

Sat, 12/11/2010 - 15:56 | 798964 Rick64
Rick64's picture

Westinghouse would have been nothing without Tesla's AC patents.

Fri, 12/10/2010 - 18:02 | 797163 Ckierst1
Ckierst1's picture

I hope you can discover a need to lean further libertarian cuz libertarians don't make a practice of throwing good money (actually, maybe "additional money" is better, cuz it's fiat horseshit) after bad by hurling more of our tax money at federal scumbags who can't seem to give it to the bankstas fast enough.

Yeah, Sanders would kill two birds with a stone.  You wouldn't have to choose between a douche and a turd.  You get two for one (socialist) money.

Fri, 12/10/2010 - 18:50 | 797292 cossack55
cossack55's picture

At least you get the satisfaction of throwing your governors into prison.

Fri, 12/10/2010 - 15:07 | 796396 MarketMinds
MarketMinds's picture

Did a socialist junk me?

 

+2 in my book

Fri, 12/10/2010 - 17:56 | 797140 weinerdog43
weinerdog43's picture

I don't know, but I'll junk you.  Go Bernie Go!

Fri, 12/10/2010 - 15:10 | 796404 Cursive
Cursive's picture

@MarketMinds

He's a socialist?  Hmmm.  And what is George W. Bush who gave us the new farm bill and Medicare Part D, to say nothing of the Wall Street bailout?  Wake-up MM.  I don't care if he's a socialist if he's man enough to confront the 800 pound gorilla that the vast majority of Americans seem to enjoy ignoring.

Fri, 12/10/2010 - 15:14 | 796412 MarketMinds
MarketMinds's picture

hes an honest socialist, bush was not.  Happy?

 

oh were playing the red vs blue divide and conquer thing are we? im out....

Fri, 12/10/2010 - 15:30 | 796502 goldsaver
goldsaver's picture

A progressive. A fascist in disguise.

Fri, 12/10/2010 - 16:37 | 796832 pan-the-ist
pan-the-ist's picture

You're new here, so I'll educate you (I find myself doing this once a month or so, don't bother with a counter argument, you won't find any good ones.)

In a democracy where everyone has an equal voice, the masses will vote to take wealth from the rich.  It is in their best interest to do so, so this is no assumption.  This is called socialism.

Fascism is a response to democracy where the state is used to protect the wealthy's wealth from the masses.

Fascism is a real word with a clear meaning, dispite what Glenn Beck says.

Fri, 12/10/2010 - 19:18 | 797372 hardcleareye
hardcleareye's picture

"Fascism is a response to democracy where the state is used to protect the wealthy's wealth from the masses."

 "[Fascism] affirms the irremediable, fruitful and beneficent inequality of men." Given this premise, Fascists conclude that the preservation of social hierarchy is in the interests of all classes, and therefore all classes should collaborate in its defense. Both the lower and the higher classes should accept their roles and perform their respective duties. (google)

Using these definitions, it would appear to me that the USA has indeed become a Fascist country.......

Fri, 12/10/2010 - 19:45 | 797446 pan-the-ist
pan-the-ist's picture

I should add that there is middle ground.  Fortunately we live in a republic, but you might be right.

Fri, 12/10/2010 - 23:54 | 798027 goldsaver
goldsaver's picture

We used to live in a Republic. Lincoln's attack on the seceding states ended the republican part of the republic by imposing powers not afforded to him over the decision of the member states and the judicial branch. The creation of the Federal Reserve put us on the road to a corptocracy. FDR and latter LBJ, finally killed the republic by using executive powers to wipe his ass with the Constitution, ignore and intimidate the courts and setting up a corptocratic framework where the connected got the real wealth and the subjects got the scraps off the table and learned to thank him for them.

Fri, 12/10/2010 - 23:36 | 797993 goldsaver
goldsaver's picture

I might be new here, but I already have you tagged as an egocentric jackass.

Fascism: often capitalized : a political philosophy, movement, or regime (as that of the Fascisti) that exalts nation and often race above the individual and that stands for a centralizedautocratic government headed by a dictatorial leader, severe economic and social regimentation, and forcible suppression of opposition

That is Webster's, not Beck.

Bush: If you are not with us you are with the terrorists

Patriot Act

Warrantless Surveillance

Exponential growth of the Federal Power, specially executive power (yeah, MaObama is worst)

TARP

Campaign Finance Law

TSA

No child left behind

BTW:

Socialism: any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods.

Capitalism: an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market.

Read a fucking dictionary every now and then and you would not drown in your own self imposed ignorance.

Fri, 12/10/2010 - 23:55 | 798028 pan-the-ist
pan-the-ist's picture

You can parrot a dictionary, but I don't think you know what any of those words actually mean.

Sat, 12/11/2010 - 00:28 | 798105 goldsaver
goldsaver's picture

WOW, outstanding brilliance! I counter your argument with actual dictionary definitions that disprove your point and your response is that the dictionary doesn't really means what it says?

Because, clearly, if the dictionary definition doesnt agree with your point it must be because those reading it can not possibly understand it.

elitist shitbag!

Sat, 12/11/2010 - 08:01 | 798378 pan-the-ist
pan-the-ist's picture

It's okay, you're not the only victim of new-speak.

Fri, 12/10/2010 - 15:37 | 796551 dnarby
dnarby's picture

Bush is a Corporatist.

Fri, 12/10/2010 - 20:21 | 797523 CrockettAlmanac.com
CrockettAlmanac.com's picture

Bush is Bush and that's damning enough in itself.

Fri, 12/10/2010 - 15:20 | 796449 Doomer_Marx
Doomer_Marx's picture

So if a socialist says we should let the too big to fail banks go under, you will disagree?

Fri, 12/10/2010 - 15:23 | 796474 theopco
theopco's picture

Stop trying to get people to think with their own minds.

Fri, 12/10/2010 - 15:37 | 796550 MarketMinds
MarketMinds's picture

trick question: a socialist would nationalize

Fri, 12/10/2010 - 15:55 | 796635 Doomer_Marx
Doomer_Marx's picture

Possibly but not necessarily. Plenty would just love seeing the capitalists fail. I try to judge an argument on its merits, not dismiss them simply because of the source.

Fri, 12/10/2010 - 16:00 | 796664 Alienated Serf
Alienated Serf's picture

correction- socialists DID nationalize

Fri, 12/10/2010 - 19:45 | 797444 hardcleareye
hardcleareye's picture

MM (sigh....) it might be a good idea for you to become familiar with the generally accepted meaning of the word "socialist" (and more to the point, as it refers to Bernie).... before you post "absolute" statements like "a socialist would nationalize"......

 

http://en.wikipedia.org/wiki/Democratic_socialist

Fri, 12/10/2010 - 23:39 | 798000 StychoKiller
StychoKiller's picture

Are you STILL beating your wife?  Argue fairly or not at all.

Fri, 12/10/2010 - 15:23 | 796467 nobita
nobita's picture

That statement says a lot about you MarketMinds.

You are a mindless sheep , an unthinking automaton accepting party line without thought and without question.

You have subscribed to an ideology, which has become your identity.

You have no spine and you are incapable of critical thought.

A sheep pure and simple. A pathetic excuse for a man.

Fri, 12/10/2010 - 15:27 | 796483 Cow
Cow's picture

you forgot to call him a "neocon" or whatever the latest rant is.

you did get in a pretty long list, though

Fri, 12/10/2010 - 15:39 | 796558 MarketMinds
MarketMinds's picture

label me whatever you want, im a libertarian, as stated above, all other labels are for YOUR personal satisfaction, as i dont give a shit what you or other label me as.

 

Fri, 12/10/2010 - 17:35 | 797056 Max Hunter
Max Hunter's picture

For someone not concerned about labels you sure throw them around with conviction.. Garbage.. I consider myself a libertarian as well.. I've yet to disagree with anything Sanders has said on this issue.. Save the fact i'm against ALL income tax on a moral basis.. and I do not want the UE benefits extended as I believe they will prevent Americans from addressing the fundamental issue of employment in this country.. But the vast majority of what he is saying is spot on..

Fri, 12/10/2010 - 19:56 | 797473 hardcleareye
hardcleareye's picture

I do not want the UE benefits extended as I believe they will prevent Americans from addressing the fundamental issue of employment in this country..

I am gradually coming to share this point of view, but there will be real pain and suffering.  That consideration has "tempered" my thought process and a concern that in the end, even that will NOT accomplish a "redress" of our employment issues....

Fri, 12/10/2010 - 16:01 | 796674 Alienated Serf
Alienated Serf's picture

that as a great rant. bravo

Fri, 12/10/2010 - 15:29 | 796497 Let them all fail
Let them all fail's picture

Glad to see you are an independent thinker, feel free to turn on your brain at your convenience

Fri, 12/10/2010 - 14:59 | 796360 Rick64
Rick64's picture

I see a lot of empty seats.

Fri, 12/10/2010 - 14:59 | 796363 Village Idiot
Village Idiot's picture

Get that man a bindle - gonna be a long day.

Fri, 12/10/2010 - 14:59 | 796366 jefe95
jefe95's picture

wow.  You can watch them stammer around their own idiocy live.  Usually you only get soundbites.

Fri, 12/10/2010 - 15:16 | 796370 Mercury
Mercury's picture

I though the days of actual filibusters were long gone.  I think Sanders is a full-on rainbow and unicorn buffoon but I got to hand it to him for kicking it old school like this.  Drain your bladder, dehydrate and head for the podium with the phone book...and give it to 'em until they cry uncle!

I hope this bill dies anyway. Too half-ass.  This is why you can't ever get excited about Republicans. Seeing them in action is like watching Monty Python's Upper Class Twit sketch http://www.youtube.com/watch?v=MqObJtGrKaA 

Wait a month until after you have a majority fellas, then you negotiate.  Sheeesh.

Fri, 12/10/2010 - 23:43 | 798007 StychoKiller
StychoKiller's picture

I hope this bill dies anyway. Too half-ass.

Right!  The two halves are sh!t and shinola.  What was needed was raise taxes AND CUT LARGE SWATHES OF SPENDING!

Fri, 12/10/2010 - 15:00 | 796372 DaveyJones
DaveyJones's picture

O, that this too too solid flesh would melt
Thaw and resolve itself into a dew!
Or that the Everlasting had not fix'd
His canon 'gainst self-slaughter! O God! God!
How weary, stale, flat and unprofitable,
Seem to me all the uses of this world!

Fri, 12/10/2010 - 15:05 | 796391 RichardENixon
RichardENixon's picture

"...a tale told by an idiot, full of sound and fury, signifying nothing."

Fri, 12/10/2010 - 20:25 | 797541 CrockettAlmanac.com
CrockettAlmanac.com's picture

O brave new world that has such people in it!

Fri, 12/10/2010 - 15:00 | 796373 youngandhealthy
youngandhealthy's picture

The American political system is a farce...just the name; Filibuster. It is so silly.....

foundering fathers....yeah G8...old man making a joke of himself is what it seems to produce.

Fri, 12/10/2010 - 15:01 | 796377 Altan311
Altan311's picture

ROFL, at least it is more interesting than CNBS! Sanders cracks me up. Sometimes he sounds more capitalist than the republicans (when using traditional metrics), and sometimes he sounds like a loon.

Fri, 12/10/2010 - 15:03 | 796382 RobotTrader
RobotTrader's picture

Poor Tim Wood.

New highs for transports.

Fri, 12/10/2010 - 20:42 | 797594 rocker
rocker's picture

Dick Head Robert Prechter said to short the market again at around Oct 24.  Another shitty call.

He should have said, " Just buy the fuckn dip ".    Best verbal line of the year. 

Fri, 12/10/2010 - 15:03 | 796384 theopco
theopco's picture

Mr Sanders goes to Washington

Fri, 12/10/2010 - 20:30 | 797555 CrockettAlmanac.com
CrockettAlmanac.com's picture

Mr Sanders goes to Washington

A film about an awkward yet handsome young man who travels to Washington DC and speaks truth to power: it's finger licking good!

Fri, 12/10/2010 - 15:04 | 796389 Clayton Bigsby
Clayton Bigsby's picture

What a fucking cunt.  Can't he just keel over and die or something.  Maybe Mary Landrieu can go give him a hug and smother him with her jowls...

Fri, 12/10/2010 - 15:10 | 796403 Cdad
Cdad's picture

He is entertaining....because he is so f'n stupid.  He just perpetuated the old myth that both parents have to work to afford life in America.  Moron.  The cost of life in America is primarily driven by our choices, our expectations, our selfishness, and, flat out, our stupidity with money.

Zombie America, clutching at cliche's and socialists, lying to ourselves every minute of the day, and watching the bouncing...ball, Iphone, label, fad, burrito, insert anything vapid...as we try to justify our hollow selves.  Here is a clue...you are hollow because...you are hollow! 

Good lord, just let it collapse already.  With all the layers of lawyers and fraudulent bankers, and mall store freakin' operators and crap upon crap, dunces layered upon dunces, and TRUTH NOWHERE TO BE SEEN...just let it fall away, please. 

Fri, 12/10/2010 - 15:23 | 796471 SheepDog-One
SheepDog-One's picture

Exactly!

Fri, 12/10/2010 - 15:32 | 796508 xanax
xanax's picture

You guys are ignorant, sorry.  Yes, materialistic choices are a problem.  But most of the problem is the stagnation of wages due to ludicrous bonuses for the top .1%.  Bankers helped hide this by substituting easy credit for actual wage increases.  The push to break unions and lower the minimum wage is another part of the plan. Good luck living on even 3 incomes in a family once we're like India and there's no middle class left.

Fri, 12/10/2010 - 15:45 | 796579 Cdad
Cdad's picture

You do not know what you are talking about...sorry in return.  Let me guess, you are posting from a Chipotle while porking down 250 grams of carbs and calling it health food?  No?  From an iphone at an Apple store all a twitter about how slim the newest laptop is. 

The artificially high minimum wage KILLS JOBS, buddy.  Just one example of what you do not seem to understand.

On bankers, we can agree...but that is NOT why two income families are all the rage in America. 

Fri, 12/10/2010 - 16:04 | 796682 Rick64
Rick64's picture

 I would say it has more to do with the depreciation of the dollar due to the increasing deficit.  No matter what our minimum wage is it can't compete with 3rd world country's cheap labor. Corporations are given incentives to operate there and avoid paying their share of taxes in the U.S.. With the IMF, World Bank, U.S. gov. working for the corporations why would they be interested in reinvesting in the U.S..  I agree that the consumers are supporting this but not the cause of it, but rather the corporations relentless pursuit of bigger profits.

Fri, 12/10/2010 - 20:04 | 797492 hardcleareye
hardcleareye's picture

+++++

Fri, 12/10/2010 - 16:22 | 796763 xanax
xanax's picture

The artificially high minimum wage KILLS JOBS, buddy.  Just one example of what you do not seem to understand.

Nope, it doesn't.  Again, real economic data contradicts propaganda.

http://economistsview.typepad.com/economistsview/2010/10/does-a-higher-m...

Dube’s findings indicate that a higher minimum wage helps service retailers attract and retain employees, increasing their productivity... showed minimum wage increase led to significant increases in purchases of durable goods. “From a perspective of stimulating demand, minimum wages will tend to increase demand by increasing the purchasing power of those workers.”

Let me guess, you also think "tax cuts create jobs".  Fool.

Fri, 12/10/2010 - 17:00 | 796920 Chris88
Chris88's picture

Wow that's news to me!  How enlightening!  In that case, we should raise minimum wage to $1,000,000/hour.  It won't create unemployment, right?  No way stealing less money from people creates jobs; as a matter of fact when we let the government steal more jobs and allocate the money like they do so well we are on the road to full employment and flowers/unicorns.  Your minimum wage argument is a joke, by the way.  When a price is kept artificially high above the intersection of supply and demand schedules, it must fall for the surplus to clear.  That goes for the price of labor as well as anything else.  I'm sure it's not your fault though, your entire understanding of economics is probably that "printing money shifts the AD curve to the right".

Fri, 12/10/2010 - 17:11 | 796968 xanax
xanax's picture

You're the idiot who suggested that, not me.  Thanks for putting ridiculous words in my mouth, though.  As with everything, there's a balance.

Supply and demand does not explain many aspects of economics.  You need to read more.  Start with “The Wisdom of Crowds” by James Surowiecki.

 

Fri, 12/10/2010 - 17:14 | 796985 Chris88
Chris88's picture

Did I say something incorrect?

Fri, 12/10/2010 - 17:59 | 797153 weinerdog43
weinerdog43's picture

Yes. 

Fri, 12/10/2010 - 20:09 | 797498 hardcleareye
hardcleareye's picture

Lets see... maybe the facts don't support your conclusions, or your logic is  circular? (and you were ugly about it)

Fri, 12/10/2010 - 23:49 | 798018 StychoKiller
StychoKiller's picture

And you need to read "Economics in One Lesson" by Henry Hazlitt, ISBN:  978-0-517-54823-3 -- there's a whole chapter devoted to minimum wage issues.

Fri, 12/10/2010 - 20:32 | 797565 Devore
Devore's picture

So then if only China could implement a minimum wage as high as ours, all would be well in the world?

Wow, the solution is so simple! Since money is so easy to conjure up, and as we all know conjured up money = wealth, why don't we just print trillions of dollars and hand them out to everyone? We'd all be rich then!

Fri, 12/10/2010 - 20:45 | 797569 Dr. Acula
Dr. Acula's picture

>>artificially high minimum wage KILLS JOBS

>Nope, it doesn't

You're an idiot. Instead of posting rubbish, why not try learning Economics 101? There's plenty of free material online; I recommend Hazlitt's "Economics in One Lesson".

Government price fixing always generates gluts or shortages. To set a price floor for labor results in a glut of available labor, i.e. unemployment. If minimum wage is raised slightly, it is jobs on the margin that are lost. If minimum wage is raised infinitely high, i.e. all labor is outlawed, then all jobs will be lost.

Fortunately, the US government only controls a small part of the world. The result of its attempts to artificially increase the price of labor is that jobs are destroyed in the US and then recreated outside of US. The US government prohibition on cheap labor has also created a black market for labor in this country and also an increase in immigration. In short, freely acting people work around the attempts by the government to hamper the free market.

Furthermore, even if minimum wage laws could cure cancer, they would still be immoral. No one has a right to prevent me and another adult from agreeing to exchange a certain amount of money for a certain amount of labor.

 

Fri, 12/10/2010 - 20:42 | 797590 CrockettAlmanac.com
CrockettAlmanac.com's picture

The artificially high minimum wage KILLS JOBS, buddy.  Just one example of what you do not seem to understand.

Nope, it doesn't.  Again, real economic data contradicts propaganda.

 

Minimum wage laws deny the right to work to people who can't or do not choose to produce at a level of $7.25/hour. For example, I know a couple of middle aged women who clean and provide other services for little old ladies. The little old ladies can't afford $7.25/hr and the women employed to help them feel adequately compensated.

Why do you want to put people out of work and kill Granny in the bargain?

Sat, 12/11/2010 - 05:59 | 798349 M2Market
M2Market's picture

Sure, keep cherry-picking your references, and keep calling others names for not being part of your collective;  Let me guess, you are proposing "tax hikes create jobs".  Let's not call you a fool or idiot since it is a very thing a fool or idiot will do when he is on a lower intellegence plane.  Sure, I will turn on the AC so that you will take off your coat.  I'm also sure you would build an beach resort in the antartica since freezing temp attract sun-bathers, or raise prices to attract buyers, all according to your wisest of logic.

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