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Guest Post: Obama's 'Socialism' Experiment Brought Home
Submitted by Martin Armstrong via Armstrong Economics,
An economics professor at a local college made a statement that he had never failed a single student before, but had recently failed an entire class. That class had insisted that Obama’s socialism worked and that no one would be poor and no one would be rich, a great equalizer.
The professor then said, “OK, we will have an experiment in this class on Obama’s plan”.. All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an A…. (substituting grades for dollars – something closer to home and more readily understood by all).
After the first test, the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy. As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little.
The second test average was a D! No one was happy. When the 3rd test rolled around, the average was an F.
As the tests proceeded, the scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else.
To their great surprise, ALL FAILED and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great, but when government takes all the reward away, no one will try or want to succeed. Could not be any simpler than that.
Here are possibly the 5 key points about such an experiment:
1. You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity.
2. What one person receives without working for, another person must work for without receiving.
3. The government cannot give to anybody anything that the government does not first take from somebody else.
4. You cannot multiply wealth by dividing it!
5. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that is the beginning of the end of any nation.
Or in graphical format...
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This story is totally bogus and is likely completely made up. First of all, Obama's "socialist plan" isn't even a thing. Obama has been carrying forward the Neoliberal program initiated by Reagan and accelerated by each president since then.
This article is pure red-meat for the all market-fundamentalists that hang out here, but there isn't any substance here. Even the so-called "economics" being described here are Sunday-School level discussions, not any sort of actual take down of "socialism."
This is an urban legend of course, but this fact does not make the lesson less true.
http://www.snopes.com/college/exam/socialism.asp
Socialism is when the 1% tax the middle class into poverty and then hands 20% of that tax to the poor and keeps 80%. The 1% then takes the credit for compassion and caring.
Folks, the trendies are almost out of other peoples money. Calm down and remember who is really in control of the universe.
A sheeple brain is a terrible thing to waste
Yep Amad. You sure don't understand.
You are the epitome of the brain washed masses that don't get it won't understand because you are brainwashed class warfare sheep. Prepare to goosetep because you deserve the misery that is coming as a result of marxist thought like you espouse.
You are confusing your pejoratives. Goose stepping is associated w european fascism, a form of authoritarianism that is reactionary to socialism. The US more closely resembles fascism than socialism today. Your problem is that someone got you to believe that the US is turning socialist. It's not, it's turning fascist. The two idealogies could not be more different. In fact, fascism is not an ideology on its own. It is simply the negation of socialism. I don't think you're a fascist because I think you don't know what you believe. You are confused and it's more blatant than walking around without your pants on. I'm trying to help you. Get some dignity. Puts some pants on.
Thank you, very well said. This article is a joke and is beneath the standards of Zero Hedge. Basically, this is the kind of article that my grandfather sends around in chain emails and takes to be a serious piece of hard-hitting economic analysis.
This article is econ at the 4th grade level, and with just as much pseudoscience as 4th graders playing doctor.
Under capitalism, man exploits man. Under communism, it's just the opposite.
-John Kenneth Galbraith
Read a book about free markets you moron.
Here are a few authors:
Bastiat, Hazlitt, John Allsion, and virtualluy anything by Ron Paul. Rather freightening how many of the tards that comment on this article are all for full on marxists implementation and have no earthly idea of the perils, theft, and despotism it entails.
Read a book about free markets you moron.
Here are a few authors:
Bastiat, Hazlitt, John Allsion, and virtualluy anything by Ron Paul. Rather freightening how many of the tards that comment on this article are all for full on marxists implementation and have no earthly idea of the perils, theft, and despotism it entails.
Why does that warning only appear to show up in the FATCA page and not all the other pages on the IRS website (that I bothered to check)?
But best of all, these commie bastards can not stop deflation, no matter how hard they try. They do not really want to destroy the dollar. So Gold and Silver will be finally coming back into my buy zone soon. Thanks asswipes!
Ya baby - it like totally removes the incentive to perform. Eventually you get to the point where everyone lives very poorly except the govvy administrator types and the peeps they like who like relly well. All the proles are depressed and unmotivated so drug and alchohol abuse ir rampant.. Think the darkest days of the USSR and thats wher bamy-boy and his ilk want to take us.
So what? So what of the bickering over whether this is socialism, corporate fascism or any other sort of 'ism.
We have to at some point stop asking ourselves about these trivial matters and put aside the arguments over the minutia.
We must begin to ask ourselves whether we believe the govt. and/or political system here in the U.S. can fix itself or not.
It won't, it can't!
You get an A. You pass. Its all decoy, Liege. Life is the only IQ test.
<--- Our current govt. can correct itself and make the U.S. a wonderful nation again.
<--- A different course of action is required to re-establish exceptionalism in the U. S.
Hey all you oBUMMER weasel fuckers! We have just begun to hear your little sissy squealing. Your leader has been forcing the insurance companies to hold back on releasing the new rates, deductibles and co pays on employer provided plans. They will have to reveal these over the next couple of weeks. I am searching for my hearing protection. I don't believe there is any prevention for laughing yourself to death though. If I disappear, it either the NSA or I died laughing. Happy Thanksgiving! Merry Christmas! Happy New Year!
Yawn... it was ammo day at WalMart today.
'
I have 7 of them within 15 miles of my house.
Hundred packs of all the popular calibers.
This piece of shit has been floating around email forwards and facebook memes for years.
Stop catering to the mentally retarded segment of your base Durden. This is fucking lame and not worth of the space.
I did however waste five minutes of my life to create a graphic rebuttal.
http://i.imgur.com/wS3ynW4.jpg
I want credit, cut and paste bitchez.
The professor was briliant!
It s going to be a worry if the 99% are left to their own devices as to how to take care of the 1%.
That might right some wrongs but it certainly will not be a working model going forward.
In fact I believe that the divide between the 1% and the 99% would not be anywhere near as troublseome had it not been for the tremendous malinvestment and waste the system presently produces.
the experiment is not well designed. If the students are obliged to study something they don't care about, they will fail. Socialism also means you don't have to study you are not interested in just to get a well-paid job.
Amadeusb4 My Lord how can you eleminate so many logicla empiracal points to make a completely false set of aurguments.
Apprantely Steve Jobs contributed nothing to the productivety of the world.
If you give jobs to folks then you have to get the money from somewhere to pay them. Print money eventually creates inflation otherwise you tax someone to get it. Governments produce nothing ever.
If your aurguments didn't have so many gapping holes in it I would actually be willing to listent to you, however you are just smug and condasending without saying anything factual.
It has always amazed me how folks can aurgue to death a point of view that is so easy to shoot down without going back and actually either backing up their aurguments with some kind of empirecal evidence or reevalutate their aurguments.
If there was a way to magically produce a world with everyones needs wants and desires fulfilled without a cost to anyone else I would be first in line to impilment it. However it does not exist.
The constitution, self reliance and hard work made the US great. There will always be about 5% of the population that needs to be taken care of beyond that get the government out of the way stop worring about what someones else is getting and do for yourself. And watch the world florish.
Sorry for the spelling mistakes under the gun to get out of hear and just had to reply to that statement.
"He was incapable of telling the truth."
http://www.youtube.com/watch?v=Uy2K5SIuK2E#t=666
Sometimes you get the grade, sometimes the grade gets you.
Early poll results - those without insurance NOT signing up.
http://www.breitbart.com/Big-Government/2013/11/08/poll-78-percent-of-uninsured-not-interested-in-obamacare
A new Gallup poll brings more terrible news for President Obama and his signature health plan, showing that only 22% of uninsured Americans intend to buy insurance through the ObamaCare exchanges.
Hmmm, not a good start.
sschu
This piece is pure nonsense. America could not possibly be further from socialism than it is right now. Socialism is levelling the playing field so that no one can accumulate a too-large proportion of the pie (in principle it sounds good). As critics rightly point out though, taken too far, it eliminates incentives for people to go out and work to "produce".
Well Hedgetards, I'm sorry to point out the sobering facts to you, but the wealth inequality in America almost couldn't be more dramatic. This is the polar opposite of socialism (ever heard the saying that the political spectrum is a circle, not a line, so when you go too far off the far right you emerge far left?). The only reason non-thinkers brand it as "socialism" is because the economy has collapsed so far due to the wealth inequality that jobs are evaporating and to keep everyone from rioting and / or starving on the streets, the goverment has to hand out food stamps to keep them alive.
Here is the reality, for those willing to entertain it:
http://www.youtube.com/watch?v=QPKKQnijnsM
The story or parable whatever it is, is socialism but I agree, you are right, what we have is more akin to fascism where the leaders are fed by the banksters and multimnationals who in turn feed the leaders and cripple the society slowly enough that few notice.
Or to put it simply...
Do you Government Leader take this Bankster to be your lawfully wedded sack of shit.. "I do"
Do you Bankster take this Government Shill to be your lawfully wedded douchebag.. "I do"
With the powers invested to me by the Federal Reseve, I now pronounce you Cocksucker and Cocksuckee. You may pilfer the public
Thanks, you made me laugh for the first time today...
On THAT, we can agree... ARF!
Well,wealth inequality dumbshits, don't forget, the top 1-10% are mostly growing their number by siphoning off the fantasy money of an artificially inflated stock market and soft fuzzy debt enslavement of the masses. As long as the middle and lower classes pile on the plastic buy-it-now cards and Twitteresque stocks they are going to get cornholed, and simultaneously give the socialist hand wringers all of the media apparent sound bites they will ever need to carp inequality.
Its not really socialism am much as fascism since they didnt finish the story where eventually everyone was enslaved to do the bidding of the plutocracy..... :)
People deal by trade or they deal by force (including fraud). Trade is capitalism. All alternatives to capitalism are some exploiting others by force. All the claims that capitalism is "dog eat dog" are complete BS. It's the only system that isn't dog eat dog.
Re: All the claims that capitalism is "dog eat dog" are complete BS. It's the only system that isn't dog eat dog.
Capitalism is a fantasy based on this: People deal by trade or they deal by force (including fraud).
So, in a society with lots and lots and lots of sociopathic assholes - like every society on the planet - by your own simple definition you can't HAVE capitalism anywhere.
When are where has there every been a society without sociopathic assholes? I see one in the mirror every morning.
FFCS, grow up.
hayek tells that the pillar of socialism or any form of collectivism is " the deliberate oranization of labor of a socitey for a specific goal". the .gov is taking controll of more and more of the economy, organizing the labor of murikkka for a goal that is not our own. so we are moving to that end imo
I'm sorry, but I read this story and it is just stupid. In an era when all income growth goes to the 1%, when labor has no unions and is in direct competition with Chinese labor, when bank profits soar, when money printing flows into a massive stock market bubble that benefits the 10% who hold nearl all securities, in an age of wage deflation and job losses, what fucking socialism is this guy talking about. Who the fuck is getting all this wealth handouts from the rich producers to the poor do nothings. This man has never gone outside his fucking apartment for a decade, or read a financial newspaper. America is a nation where the top now gets everything. I maintain, and will support it in any argument, that the author of this is a totally out of touch appologist for the wealth transfer on the last decade. Just google income disaparity, and show me the dead beat Americans living it up by soaking the rich. What a fucking hoax this whole post was. Jesus for stupid lie infested garbage. The long suffering American rich and corporations? Oh! Why don't they just leave America because they are treated so badly. Who fucking believes that shit, in the face of the proven income distribution of the year 2013?????
Re: Who fucking believes that shit, in the face of the proven income distribution of the year 2013?????
A Red Team dumbass (aka "Conservative", with the quotes) will call any girly Big-Gov scam "socialism" if he suspects "those people" are getting any of the loot. But, manly Big-Gov scams that primarily benefit the top 10% or the OldFarts is not "socialism". Hope this helps.
Hey, Doucebag "NObrainsINYOURhead"....despite your lies, you are obviously a Blue team douchetard..........no doubt pennyless and living at home with your mom.
Got news for you, while you have been in here all night like some fucking retard waving your flag for Socialism and Obama, about another 5 or 6 articles have gone up on the Hedge where your boyfriend is getting his ass handed to him and your words are no where to be read......LOL>. Even your Lib media is turning against him and speaking out...... you picked the wrong....everyfuckingthing.
Face it, you are a loser. Understand? No law can change that, you just aint as good as the rest of us.....You need socialism because you can't feed, clothe nor house yourself. One of lifes utter failures. Tough shit, no matter who is in power, you will still be a dick head with no future. And when the Tylers undock this sticky, it will go right to the bottom of the page and no one will give a fuck anymore, and BLISS, you are nowhere to be seen in the multiple other reports that have popped up showing what a lying bunch of needy retards you "left wing" Democract and Obaama loving piss stains you are.......
I've got the money...and you want it......TOUGH!!!.......You are not smart enough and have to be fed and entertained by your superiors. Of which you have many.
Socialism is for the pathetic and weak, it never works wherever it has been tried. Be it Hitler and the Natioanl Socialists, Stalin and the USSR, Castros Cuba, North Korea, Pol Pot, etc........total total failure, and only dumb fucks like you, who follow it all your life, yet remain poor and stuck at home with your elderly mom, still cling to the ideals that have left you an abject failure.
Stay poor mother fucker, you have earned it. :) And nothing is going to change it.
I think that this story is made up. But only because I doubt that any teacher would be allowed to get away with it. If it actually were tried, the results would probably be roughly as described.
Actually a similar experiment was tried by the Puritans. During their first three years in the New World, the Puritans abolished private property and declared all land and produce to be owned in common (a commonwealth).
In Plymouth over half the colonists promptly died from starvation.
That was at Jamestown, VA which was established 1607, thirteen years before the Pilgrims landed at Plymouth Rock.
Both tried it.
It was at Plymouth. The Puritans never landed at Jamestown.
There was an earlier settlement a Jamestown by a different bunch.
One of my ancestors lived in, and helped settle New Haven for two years before joining his kin in Jamestown. Some of the Puritans from New England moved to Jamestown for a while, but because of differences with the Anglicans there, they left by 1643. I believe that both places/groups did try (and naturally failed) socialism/communism.
All I know is that both the 1% and the 47% are taking from me.
http://learnliberty.com/videos/capitalism-not-imperialism
I've NEVER seen an economic video attempt to tell people how to spot sociopaths. All these semi-autistic economic fantasies - LibertarianISM, CapitalISM, SocialISM, CommunISM - would work fine if there weren't any sociopaths and dumbasses, if the top 50% didn't screw the bottom 50%, and if the bottom 50% didn't die in the streets after getting screwed but would just disappear. Unfortunally, we do have lots of sociopathic assholes running around, and always will. Might be a good idea for the semi-autistics to figure out how they can control the sociopaths who eventually run the world and get all the females with the largest teeth.
Pareto optimality in all markets. As close as possible. It can never be completely achieved, but all regulation should have the goal of increasing pareto efficiency.
You cant control the smart sociopaths. They are smarter than you and me and can game any set of rules and stay well ahead of the regulators.
Dont allow rent seeking and barriers to market entry get a toehold.
Rich gain monopoly and take advantage of others thru barriers to capital and labor flows.
You cant even outsmart me in the low six figure range. How will you outsmart and regulate the more capable out there? They are way ahead of all of us. Regulations wont work. Any excess profits quickly disappear in pareto optimality and consumers get the most efficient pricing and destruction of all monopoly.
For your edification;
http://a.tgcdn.net/images/products/zoom/e5a7_canned_unicorn_meat.jpg
4. You cannot multiply wealth by dividing it!
Yes because the currency which in turn determines wealth by it's purchasing power is inflationary by the construct of the system.
Bitcoin on the other hand is deflationary in nature so dividing it does work since it doesn't violate basic math rules about taking the limit of a fixed number and dividing it by x as x approaches infinity. It eventually will equal 0 no matter what.
One way spreads the wealth by diminishing the value of the currency.
The other way spreads the wealth by diminishing the amount of currency owned by an individual.
Still neither "increases" the amount of wealth available. It is more obvious when you steal someone's money. It is less obvious when you steal the value from the money, hence inflation in a fiat money system is the less obvious form of theft.
I should have added dividing it doesn't spread the wealth with bitcoin. It just doesn't obfuscate what the math tells you. You are seeing the same process going on with bitcoin but not masked to look like it is doing the inverse.
Here is the simple math that I use (fiat/asset backing fiat)
FED (w/gold standard) let's say the asset value is 21 for arguments sake.
Money value(MV) = Limit x -> inf (x/21) = inf
Prices = Limit x -> inf (Item Quantity (IQ) /(MV) )
IQ = 5 or IQ = x
P(1) Limit x -> inf (5/inf) = 0
P(2) Limit x -> inf (x/inf) = 0
Now FED (w/o Gold Standard)
MV = Limit x-> inf (x) = inf
P(1) and P(2) are the same either way. End result of diluting the currency everything price wise is worth 0, gold standard or no gold standard with unlimited fiat growth.
Bitcoin, for arguments sake let's say BC = 21 since it has a fixed amount of coins but can be divided infinitely.
MV = Limit x -> Inf (BC/x) or (21/x) = 0
What we would expect with a deflationary currency now item prices
Prices = Limit x -> inf (Item Quanity (IQ) /(MV) )
IQ = 5 or IQ = x
P(1) Limit x -> inf (5/0) = undefined
P(2) Limit x -> inf (x/0) = undefined
Which is what you would expect the price completely is decoupled (indeterminate) from the currency when the currency value is equal to 0. You can't use it to determine what pricing is so prices become what people think they are worth in some other agreed upon store of value.
To draw a conclusion off topic a bit but following this chain of thought since both can be grown or divided infinitely with a fixed asset class backing value of each that either being a 'global reserve currency' on a long enough timeline the survival rate for both drops to zero.
socialism in the usa is irrelevant. this story, however, says mexicans have bigger balls than the molon labe wankers in the usa.
TEPALCATEPEC, Mexico -- TEPALCATEPEC, Mexico (AP) — For lime grower Hipolito Mora, it was time to organize and pick up arms when a packing company controlled by a brutal drug cartel refused to buy his fruit. For Bishop Miguel Patino Velazquez, it was seeing civilians forced to fight back with their own guns that made him speak out. For Leticia, a lime picker too afraid of retribution to give her last name, it was the day she saw a taxi driver kidnapped in front of his two young children that convinced her to join those taking the law into their own hands.
In Mexico they call it "the drop that makes the glass overflow," and it came at different points for the people living for years in fear of the brutal Knights Templar in the western Valley of Apatzingan, an emerald green tapestry of orchards bordered by blue-gray peaks.
"We lived in bondage, threatened by organized crime," said Leticia, 40, who ekes out a living picking fruit and selling chicken on the side. "They wanted to treat people like animals."
Eight months after locals formed self-defense groups, they say they are free of the cartel in six municipalities of the Tierra Caliente, or "Hot Land," which earned its moniker for the scorching weather but whose name has also come to signify criminal activity. What's more, the self-defense group leaders, who are clearly breaking Mexican law by picking up military-style arms to fight criminals, say the federal government is no longer arresting them, but recruiting them to help federal forces identify cartel members.
The Mexican government, which over seven years has repeatedly sent troops and federal police into the area without success, has reached its own limit: an Oct. 27 attack by alleged cartel agents on power distribution plants and electrical sub-stations in 14 towns and cities that were intended to terrorize the public. At least 400,000 people were left in the dark.
Attorney General Jesus Murillo Karam arrived by helicopter to the ranch town of Tepalcatepec two days later to meet with self-defense group leaders.
"The attorney general came with two army generals to speak to me and said 'We've come to help. What do you want us to do?'" said Dr. Jose Manuel Mireles, self-defense group leader in Tepacaltepec, speaking over breakfast in a grove of fat mango trees, his two-way radio crackling with movements of his patrols.
He said the government promised operations in major cities around the state. Federal security spokesman Eduardo Sanchez did not respond to several requests for comment about the government's cooperation.
On Monday, military and federal police moved into the Michoacan port of Lazaro Cardenas, a major source of cartel income due to the trafficking of drugs and precursor chemicals, as well as extortion. They dismissed 113 local police and took over security. About 40 officers were bused to Mexico City for questioning into rumors of corruption, according to one security official who wasn't authorized to speak on the record.
On Thursday, the army arrested the entire 25-officer police force of Vista Hermosa, also in northern Michoacan, a violent area where the Knights Templar are battling the New Generation, a cartel in neighboring Jalisco state.
The self-defense groups started small with just a few dozen civilians from two communities: lime pickers, ranchers and business owners who began patrolling the streets, setting up roadblocks and ambushing the Knights Templar as the drug men roamed with their heavy artillery and grand SUVs. The ragtag groups now claim several thousand members in a valley of more than 300,000 people, competing with the cartel in raw numbers if not firepower.
Despite some success in the six municipalities of Tierra Caliente, the cartel continues to enforce a stranglehold on Michoacan, a rich farming state that is a major exporter of lime, avocado and mango. On Thursday, Ygnacio López Mendoza, a Michoacan mayor who staged a hunger strike in Mexico City to seek government help, saying he was extorted by the cartel ,was found dead in his car after being taken from him home, according to a local government association.
While cartels terrorized communities all over Mexico, many say Michoacan is a case unto itself. The region has long tolerated marijuana and poppy growers, and corruption and organized crime have permeated the social, political and economic fabric of the region for years.
"Michoacan has all the characteristics of a failed state," Patino, the bishop of Apatzingan, wrote last month in an unusually candid letter naming the Knights Templar and other cartels. "Municipal governments and police are in the service or colluding with criminals, and the rumor continues to grow that the state government is also in the service of organized crime."
The archdiocese this week denied reports that the clergyman was threatened for speaking out and is in protective custody, saying he is at a pastoral retreat.
Rumors circulate that some self-defense groups have been infiltrated by the New Generation cartel, charges the groups vehemently deny. A rebel band of former Knights Templar, curiously nicknamed "Los Viagra," have also tried to use self-defense groups as cover for illegal activities, according to residents.
Self-defense leaders say they are simply ordinary citizens trying to defend themselves against unending violence because the state has proved unable to do it for them.
Mireles, the self-defense group leader, says the big trouble began 12 years ago, when the local community unwisely made a deal with a local cartel known as La Familia to oust upstarts from an even more brutal cartel, the nationally powerful Zetas. When La Familia fell apart under heavy attack from the government of former President Felipe Calderon, the faction that was left took up the name Knights Templar. Initially, the gang told people it wouldn't bother them. But then the cartel realized it could make more money from extorting local businesses than it could from selling drugs.
"They were very ambitious," said Mora, who leads the self-defense group in La Ruana. "And that was their mistake, getting involved with civilians, with honest employment. They started step-by-step to take over all of the farm production."
Mora and Mireles, who started first with recruiting and secret night meetings, said at first 95 percent of the people said no, but the movement built quickly after their first appearance on Feb. 24. They plan to continue their attacks on the cartel in other cities, despite being stopped by the military on Oct. 26 when they tried to take over Apatzingan.
They negotiated a peaceful march, unarmed, with the protection of the military. As some 3,000 entered the square, sharpshooters believed to be from the Knights Templar opened fire on the crowd from a church tower and city hall, where municipal police were standing watch. Several were injured.
Now the self-defense groups say they are working to help federal forces identify criminals in the city, and their joint efforts resulted Monday in the capture of Leopoldo Jaimes Valladares, a mid-level cartel dealer believed to control the extortion in the central lime market.
In the Valley of Apatzingan, daily life continues under the watch of military helicopters and around sandbags marking dozens of checkpoints, some by soldiers and others by self-defense groups. Fruit trucks rumble by in the heat, and school children practice their civic marches, the sounds of drumming and brass filling the dusty streets.
Outside of Apatzingan, men roam with hunting and semi-automatic assault rifles.
It's a fragile peace.
Good stuff. Things are/do change. Can't you feel it?
Just out of curiousity, since when is a 4-year-old Facebook post passed around by retired tea-partiers that were just starting to realize that there are consequences to actions (and that they might have to pay for those consequences before they die, which was NOT according to plan) considered a legitimate ZH article?
That's not all that is coming home.
ALERT...ALERT...ALERT!!!
Communist Chinese troops 'boots on the ground' in Hawaii next Tuesday:http://www.examiner.com/article/communist-chinese-troops-boots-on-the-gr...
Moar on the grid down drill.
http://www.offthegridnews.com/2013/08/28/power-grid-down-drill-to-be-con...
HOW MANY TIMES WERE YOU ALL TOLD THERE WILL BE A CHINESE INVASION AND TAKE OVER FOR THE COMMUNISTS IN THE US BABYLONIAN GOVT?
http://coupmedia.org/terror-threats/chinese-troops-seen-in-mexico-1703
Maggie T. said it best 30 years ago, "Socialism only works until you run out of other peoples money." By the way, when Reagan was Gov of CA. back in the sixties, he brought a bunch of protesters to his office and used the same experiment.
http://vegasxau.blogspot.com
Pure propaganda. Just like pure unregulated capitalism doesn't work because the strongest business entities take over everything including the political system. Somewhere in the midde is a healthy balance where business prospers and some aspects of socialism perform needed functions in society.
You've confused capitalism with form of government. Pure capitalism is not the problem. It can co-exist very well with a republic. Your problem is with the subversion of the republic; not with capitalism as an economic theory.
The subversion of government is not a necessary outcome of capitalism. It is, however, a precondition for socialism. Our problem is that the regulatees have become incestuously co-mingled with the regulators. Laws are ghostwritten by the same industries that are purportedly being regultaed.
It's a few decades old now, but the events are relevant to all else:
1) FDA rejects Aspartame. (Concerns about fraudulent experiments, brain tumors, death, and silly things like that)
2) Donald Rumsfeld (chairman of GD Searle) is named to head Reagan's transition team after winning the Presidency.
3) Rumsfeld hand picks the new FDA commissioner. The day after Reagan's inauguration, Commissioner Hull names 5 people to a board of inquiry re Aspartame. The Board votes 3-2 against Aspartame. Hull names a 6th person and then himself as tie-breaker. Et viola! A 4-3 vote in favor of poisoning the population, and rendering successive generations increasingly impotent.
4) Hull leaves the FDA and takes a position with the PR firm for Searle and Monsanto.
Substitute any industry you want. Robert Rubin & Citigroup for example.
What happens when 1% of the class gets all the marks and 99% do all the homework?
Heh, Ya'll know that uneasy feeling thats been going around? I think this post just put the finger on it
The "divide and conquer" strategy pursued by the money changers using socialism-vs-capitalism was always a false dichotomy.
While the model of substituting grades for dollars is flawed, the article above did illustrate what happens when people do not have appropriate incentives. In order to bring this model closer to reality, let us:
So here is the capitalist system that is currently in place:
Those with accumulated grades (money) hire others to do the hard work of studying for them.
Those with accumulated grades (money) now accumulate even more money because the fact that others are doing the work for them, and that they are not being paid as much as those who are not doing the work.
Those with accumulated grades (money) use their growing wealth to influence the government for policies that assure that their tuition rates (taxes) remain at an Effective Rate that is lower than those who do the work. They also get special rates if they use their accumulated wealth to generate even more wealth for themselves (Capital Gains rate).
These lower taxes helps those with accumulated grades (money) to maximize the accumulation of their wealth despite the fact that they no longer are doing the real work to create this wealth.
Those with accumulated grades (money) have now accumulated such massive amounts of wealth that they need the services of a financial class to manage their wealth. The financial class merely moves around the accumulated wealth of others and despite the fact that the financial class also does no productive work, they earn the largest compensation of anyone.
The financial class uses its enormous accumulated wealth to influence the government to bail them out when they make poor decisions that result in massive losses to the general economy.
The financial class uses its extreme wealth to influence the government to provide them with immunity from prosecution for money laundering, rate rigging, massive foreclosure fraud (robo-signing) , and other crimes. In fact they even get others, the shareholders to pay the fines for them.
Those with accumulated grades (money) start to form paper shells (corporations) whose sole purpose is to maximize profits for those who already have accumulated grades (money). Those with accumulated grades (money) accumulate even more.
Those with accumulated grades (money) use their wealth to influence government to declare that these paper shells (corporations) are actually people who have the same rights as flesh and blood people. Those with accumulated grades (money) now can spend unlimited money to further influence the government.
Those with accumulated grades (money) use their now unlimited influence on government to provide these paper shells (corporations) with massive amounts of taxpayer subsidies with corporate welfare spending eclipsing general welfare spending.
Those with accumulated grades (money) fight hard to keep the grades (money) they pay to those who actually do the work as low as possible, to the point where some those who do the work cannot even provide for their families. This helps those with accumulated grades (money) to accumulate even more grades (money).
Those with accumulated grades (money) discover that they can outsource the work to other countries where they can pay the workers even less than here, and so they leave those who do the real work with a rapidly shrinking work market driving the grades (money) paid to them to even lower levels.
Those with accumulated grades (money) are now starting to feel fear because so many of those who used to do the real work are so desperate and tensions are rising. So they use their wealth to influence the government to increase the military-industrial-surveillance -security state despite the fact the liberties for all are eroded as a result, all under the ruse of patriotism.
Conclusion:
Now that we have seen the worst that unbridled socialism has to offer, and the worst that unbridled capitalism has to offer, perhaps it is time to rethink our current system and to incorporate the best of each system. A balance is needed. Those partisans who only see one of these two stories remain the obstacles to real change that will benefit everyone.
It has often been said that, "You can't legislate morality." I agree, but curiously I do believe that you can "legislate" immorality. We've been watching our morals rot for quite a while; courtrooms and legislatures and prosecutors offices and oval orifices and the hollyweird:boobtube consortium have been at it for a while.
As Winston Chruchill said, 'capitalism is the uneven distribution of wealth; socialism is the even distribution of poverty.'