Mikey Moore: "Capitalism is a 'Ponzi Scheme'?

[alan1]

Is this the same "Scheme" that your lard-ridden ass benefits from?

What a pathetic, miserable Leftist TURD.

YouTube - Michael Moore's Tense Interview With CNN's Wolf Blitzer (part 1)

Michael Moore's entire thought process can be reduced down to the following statement,

Everybody that is rich is fucking over everybody that isn't, except for me, I'm Michael Moore and I'm different.

 

[The T]

And what's so wrong with that?

That model works both ways, when valued employees and contractors ask for more money.

Right. The rich get richer, while the poor get more poor while thinking they got a good deal. Sounds good to me.

It's all an illusion. Make them think they get a good deal, but meanwhile you walk away with your pockets stuffed.

This has generally not been the case.

Living standards have been rising for all income groups. A few subgroups - i.e., uneducated white males - has seen their standard of living slip over the past two generations. However, for the most part, everyone has seen an increase in wealth.

What is true is that the gains have accrued faster at the top of income ladder, particularly for people with advanced education. Incomes for the poor have risen but not as much as those with higher incomes and thus inequality has risen.

And why do the gains 'slip'? Government intrusion on Liberty. The Same Liberty that Mikey takes great homage pointing out as BAD, but the same Liberties he benefits from.

Ultimate hypocrisy on display by his lardness.

 

[Modbert]

Michael Moore's entire thought process can be reduced down to the following statement,

Everybody that is rich is fucking over everybody that isn't, except for me, I'm Michael Moore and I'm different.

Michael Moore is no better than a talking head. He's obviously biased in his "reporting" and anyone saying otherwise is lying. He can make some good points at times, however he can be a huge bullshit artist in others.

 

[PatekPhilippe]

And what's so wrong with that?

That model works both ways, when valued employees and contractors ask for more money.

Right. The rich get richer, while the poor get more poor while thinking they got a good deal. Sounds good to me.

It's all an illusion. Make them think they get a good deal, but meanwhile you walk away with your pockets stuffed.

Yeah...under your scheme...keep EVERYONE poor and let the government decide who get's what.

Fuck that.

 

[Modbert]

Yeah...under your scheme...keep EVERYONE poor and let the government decide who get's what.

Fuck that.

You missed my first post. Socialism isn't any better. I'm just merely pointing out that Capitalism is flawed. It's not perfect like some believe it to be.

 

[Si modo]

Although occassionaly he can actually have substance, he seems to just spout anger most of the time. He gets upset easily. It make me laugh at how angry he gets.

Except I'm not angry. Once again, you're being a dishonest concern troll. You have shown it in various threads by making inputs that are dishonest or false.

Can you focus on the actual topic?

Now, try again selling your concept that capitalism is a ponzi scheme. See if you can formulate a decent rebuttal to the fact that you ignored normal distributions in your analysis, which makes it as idiotic as Michael Moore's.

 

[Oddball]

So, your analysis falls on it's face, for at least two reasons: no illusion, you exclude normal distributions.

I'm sure others will find additional reasons for why your analysis is flaccid.

Also, because everyone is at a different point on the path...Not everyone can be at the top all at once, not everyone can be at the bottom or middie all at once.

The principal flaw in the "logic" (for lack of a better term) of the redistributionist whiny pants is that all things aren't, and cannot possibly be, equal.

 

[BasicGreatGuy]

If Si "grows a pair," someone better call Guinness Book or Ripley's Believe it or Not. lol

Well she certainly needs to stop acting like a concern troll.

As to further explain what a Ponzi scheme is:

"Ponzi" Schemes

I know you may not want to click the link though BGG and others, the Government might track all your information with just one simple innocent click.

Ah, yes. Throwing out an insult, when you have nothing of substance to offer.

Si isn't a troll. She merely disagrees with you. I would say that if you don't want insults born of an acerbic nature, it would be best not to engage in such behavior yourself.

 

[Toro]

And why do the gains 'slip'? Government intrusion on Liberty. The Same Liberty that Mikey takes great homage pointing out as BAD, but the same Liberties he benefits from.

Ultimate hypocrisy on display by his lardness.

Actually, that is not the case.

Gains for the poor have generally been slower when welfare benefits are either being cut or growing slower than the general economy.

 

[Modbert]

Can you focus on the actual topic?

Now, try again selling your concept that capitalism is a ponzi scheme. See if you can formulate a decent rebuttal to the fact that you ignored normal distributions in your analysis, which makes it as idiotic as Michael Moore's.

You make an entire post trying to bash me and you say focus on the actual topic?

As to my argument, I have already pointed out why Capitalism is PARTLY a Ponzi Scheme. You are misrepresenting my points as I never said that Capitalism is a full blown Ponzi Scheme. I stated that it gives the illusion of a Ponzi Scheme that if you work hard or invest this that you will get rich. Plus, like in a Ponzi scheme, Wealth is concentrated over time more and more to the people who run the Ponzi Scheme/Capitalism.

As I used the quote earlier, Capitalism tries for the delicate balance of giving people stuff so they don't riot and overthrow. However, in this country, the rich are proceeding to take away even that stuff which will leave the poor with in all reality nothing. If Wealth continues to concentrate at this rate, there will no longer be a middle class.

There will be a rich and a poor class like any other Third World Country.

 

[Oddball]

According to the link, Ponzi schemes don't have a product.

Market capitalism consists of free people voluntarily trading for billions upon billions of products of value every day.

Myth: Busted.

 

[rayboyusmc]

If the rich can't find a way to get richer, we're all in a helluva fix, Bubba.

Not true at all. Just because they get richer doesn't mean the worker makes anymore or the economy is any better off.

Today 95% of the wealth is in the hands of 5% of the people. That's no different than when the rich were officially called nobles. When Vilfredo Pareto described the Pareto Principle which is used in qualtiy improvement, it was 80% of the people had 20% of the wealth.


Our founding fathers tried to set up a government where money would not be passed on so that we created an ultra rich. We used to have to disband corporations every 20 or thirty years. Now they would have you believe that a corporation has the rights of a person. Poor little suckers sucking ups the slop from the rich and thinking they are so fortunate.

The gap between rich and poor is growing greater all the time. If you really think they piddle on you and you are better off, you're full of piss.

If we have s strong middle class, the economy is strong. If we have a small ultra rich class there is no direct connection to a healthy economy.

Captilism is fine when there are regulations. Otherwise it just become greed by another name.

 

[Toro]

If it were true that in capitalism, the wealthy get richer and the poor get poorer, consider this graph

Since 1870, GDP per person has risen by about 2% per year. If it were true that the rich get richer and the poor get poorer, then the poor would be poorer than they were at least 140 years ago.

Clearly, that's pretty silly.

 

[Modbert]

Ah, yes. Throwing out an insult, when you have nothing of substance to offer.

Si isn't a troll. She merely disagrees with you. I would say that if you don't want insults born of an acerbic nature, it would be best not to engage in such behavior yourself.

I'm not throwing out an insult. Not my fault that's what some on your side actually believe.

Also, Si is a concern troll. Perhaps you have not seen her behavior in other threads but she has shown herself to be a concern troll. She showed it last night in the U.N thread and the other night in the Paterson thread where she cried that Obama was breaking the 10th amendment but couldn't back it up. Unsurprisingly, she was the only one trying to offer up that grade A Bullshit as fact.

 

[Toro]

According to the link, Ponzi schemes don't have a product.

Market capitalism consists of free people voluntarily trading for billions upon billions of products of value every day.

Myth: Busted.

That's correct.

Even the current meltdown is not a crisis of American capitalism, it is a crisis of American financial capitalism.

Last time I checked, Apple was making a whole lotta iPods. Cisco was making a ton of routers. Cat was making earth moving machines. These companies have not collapsed.

American capitalism has, for the most part, worked. The financial system needs a re-work and income gains have been skewed to the top end, but capitalism has given the world the greatest advancements in history.

 

[Modbert]

If it were true that in capitalism, the wealthy get richer and the poor get poorer, consider this graph

Since 1870, GDP per person has risen by about 2% per year. If it were true that the rich get richer and the poor get poorer, then the poor would be poorer than they were at least 140 years ago.

Clearly, that's pretty silly.

Well yes, which is why I said at this current rate. I'm sure you have noticed the increase in concentration of Wealth for the Upper class in recent years? The top 20% have made gains in both Total Net Worth and Financial Wealth. Though I'm not sure what kind of effect the financial crisis has done to that.

 

[Oddball]

If it were true that in capitalism, the wealthy get richer and the poor get poorer, consider this graph

Since 1870, GDP per person has risen by about 2% per year. If it were true that the rich get richer and the poor get poorer, then the poor would be poorer than they were at least 140 years ago.

Clearly, that's pretty silly.

Of course it's silly...But don't tell that to the niave platitude weilding sloganeer who thinks that economic growth is a zero-sum game, it seems to send them into an absolute babbling tizzy.

 

[PatekPhilippe]

Dogbert,

Well then...explain the merits of your preferred system and how it's better than capitalism. The way I see it...If your too stupid or lazy to want to improve your lot in life then you deserve to be poor. If on the other hand you are disabled in some fashion then it's the governments responsibility to take care of you.

I'm not buying the "Oh poor me...I grew up in a shitty neighborhood and I just can't help my self. Obama...please give me a house and some money!!"

 

[BasicGreatGuy]

Ah, yes. Throwing out an insult, when you have nothing of substance to offer.

Si isn't a troll. She merely disagrees with you. I would say that if you don't want insults born of an acerbic nature, it would be best not to engage in such behavior yourself.

I'm not throwing out an insult. Not my fault that's what some on your side actually believe.

Also, Si is a concern troll. Perhaps you have not seen her behavior in other threads but she has shown herself to be a concern troll. She showed it last night in the U.N thread and the other night in the Paterson thread where she cried that Obama was breaking the 10th amendment but couldn't back it up. Unsurprisingly, she was the only one trying to offer up that grade A Bullshit as fact.

What is "my side" exactly? You still haven't addressed my challenge post.

 

[Modbert]

Like I said before, Capitalism is flawed but it is the best system we got. I have already said that Socialism is not a better system. I'm merely trying to get across Dude that Capitalism is not perfect.