The New Appeal Of Communism

[Uncensored2008]

The subject was how the "miracle of compound interest" increases debt exponentially while inflation does not increase exponentially, right?

It is literally insane to have a fantasy that inflation compounds differently than interest does. At least with a loan, you are not forced into the deal.

 

[georgephillip]

t is literally insane to have a fantasy that inflation compounds differently than interest does. At least with a loan, you are not forced into the deal.

What did Aristotle have to say about inflation?
"We are living today in a transition period much like that of Athens c. 330 BC when Aristotle wrote his Politics. Seeing inequality widen as his citystate became an empire, he described how wealthy families tend to emerge within democracies to become a financial oligarchy. Book V of Politics traces how these oligarchies indebt a rising proportion of the population to themselves, creating hereditary estates on which to found aristocratic dynasties."
http://store.counterpunch.org/wp-content/uploads/2015/08/Killing-The-Host_PDF_V7.pdf (p. 191)

 

[bripat9643]

Of course they were. Every bank was pressured to grant mortgages to borrowers with sub prime credit ratings. That's the only way they could meet their CRA mandate.

Out of the top 25 subprime lenders in 2006, only one was subject to CRA requirements; they made more than 12 million subprime loans worth nearly $2 trillion, and they were exempt from federal regulations.

How did this happen?

That sounds like unmitigated bullshit. Why should anyone believe a word of it?

 

[bripat9643]

The subject was how the "miracle of compound interest" increases debt exponentially while inflation does not increase exponentially, right?

It is literally insane to have a fantasy that inflation compounds differently than interest does. At least with a loan, you are not forced into the deal.

Georgie isn't capable of rational thought. If he was he wouldn't be a communist.

 

[Uncensored2008]

t is literally insane to have a fantasy that inflation compounds differently than interest does. At least with a loan, you are not forced into the deal.

What did Aristotle have to say about inflation?
"We are living today in a transition period much like that of Athens c. 330 BC when Aristotle wrote his Politics. Seeing inequality widen as his citystate became an empire, he described how wealthy families tend to emerge within democracies to become a financial oligarchy. Book V of Politics traces how these oligarchies indebt a rising proportion of the population to themselves, creating hereditary estates on which to found aristocratic dynasties."
http://store.counterpunch.org/wp-content/uploads/2015/08/Killing-The-Host_PDF_V7.pdf (p. 191)

That's not inflation, sploogy.

Simply put, double jumping is not a good move in chess.

 

[georgephillip]

t is literally insane to have a fantasy that inflation compounds differently than interest does. At least with a loan, you are not forced into the deal.

What did Aristotle have to say about inflation?
"We are living today in a transition period much like that of Athens c. 330 BC when Aristotle wrote his Politics. Seeing inequality widen as his citystate became an empire, he described how wealthy families tend to emerge within democracies to become a financial oligarchy. Book V of Politics traces how these oligarchies indebt a rising proportion of the population to themselves, creating hereditary estates on which to found aristocratic dynasties."
http://store.counterpunch.org/wp-content/uploads/2015/08/Killing-The-Host_PDF_V7.pdf (p. 191)

That's not inflation, sploogy.

Simply put, double jumping is not a good move in chess.

Magic of compound inflation?
See the difference, Rockefeller?

 

[bripat9643]

t is literally insane to have a fantasy that inflation compounds differently than interest does. At least with a loan, you are not forced into the deal.

What did Aristotle have to say about inflation?
"We are living today in a transition period much like that of Athens c. 330 BC when Aristotle wrote his Politics. Seeing inequality widen as his citystate became an empire, he described how wealthy families tend to emerge within democracies to become a financial oligarchy. Book V of Politics traces how these oligarchies indebt a rising proportion of the population to themselves, creating hereditary estates on which to found aristocratic dynasties."
http://store.counterpunch.org/wp-content/uploads/2015/08/Killing-The-Host_PDF_V7.pdf (p. 191)

That's not inflation, sploogy.

Simply put, double jumping is not a good move in chess.

Magic of compound inflation?
See the difference, Rockefeller?

You're babbling incoherently. There is not difference in compounding between inflation and interest.

 

[georgephillip]

t is literally insane to have a fantasy that inflation compounds differently than interest does. At least with a loan, you are not forced into the deal.

What did Aristotle have to say about inflation?
"We are living today in a transition period much like that of Athens c. 330 BC when Aristotle wrote his Politics. Seeing inequality widen as his citystate became an empire, he described how wealthy families tend to emerge within democracies to become a financial oligarchy. Book V of Politics traces how these oligarchies indebt a rising proportion of the population to themselves, creating hereditary estates on which to found aristocratic dynasties."
http://store.counterpunch.org/wp-content/uploads/2015/08/Killing-The-Host_PDF_V7.pdf (p. 191)

That's not inflation, sploogy.

Simply put, double jumping is not a good move in chess.

Magic of compound inflation?
See the difference, Rockefeller?

You're babbling incoherently. There is not difference in compounding between inflation and interest.

Have you ever heart of the eternal political triangle, Arisotle?

 

[bripat9643]

t is literally insane to have a fantasy that inflation compounds differently than interest does. At least with a loan, you are not forced into the deal.

What did Aristotle have to say about inflation?
"We are living today in a transition period much like that of Athens c. 330 BC when Aristotle wrote his Politics. Seeing inequality widen as his citystate became an empire, he described how wealthy families tend to emerge within democracies to become a financial oligarchy. Book V of Politics traces how these oligarchies indebt a rising proportion of the population to themselves, creating hereditary estates on which to found aristocratic dynasties."
http://store.counterpunch.org/wp-content/uploads/2015/08/Killing-The-Host_PDF_V7.pdf (p. 191)

That's not inflation, sploogy.

Simply put, double jumping is not a good move in chess.

Magic of compound inflation?
See the difference, Rockefeller?

You're babbling incoherently. There is not difference in compounding between inflation and interest.

Have you ever heart of the eternal political triangle, Arisotle?

The subject is compound interest. Stick to it.

 

[georgephillip]

What did Aristotle have to say about inflation?
"We are living today in a transition period much like that of Athens c. 330 BC when Aristotle wrote his Politics. Seeing inequality widen as his citystate became an empire, he described how wealthy families tend to emerge within democracies to become a financial oligarchy. Book V of Politics traces how these oligarchies indebt a rising proportion of the population to themselves, creating hereditary estates on which to found aristocratic dynasties."
http://store.counterpunch.org/wp-content/uploads/2015/08/Killing-The-Host_PDF_V7.pdf (p. 191)

That's not inflation, sploogy.

Simply put, double jumping is not a good move in chess.

Magic of compound inflation?
See the difference, Rockefeller?

You're babbling incoherently. There is not difference in compounding between inflation and interest.

Have you ever heart of the eternal political triangle, Arisotle?

The subject is compound interest. Stick to it.

"The subject is compound interest"?
"J. P. Morgan and John D. Rockefeller are said to have called the principle of compound interest the Eighth Wonder of the World. For them it meant concentrating financial fortunes in the hands of an emerging oligarchy indebting the economy to itself at an exponential rate. This has been the key factor in polarizing the distribution of wealth and political power in societies that do not take steps to cope with this dynamic."
Compound interest has been used for three thousand years to fund Aristotle's eternal political triangle of democracy, oligarchy, and aristocracy.

http://store.counterpunch.org/wp-content/uploads/2015/08/Killing-The-Host_PDF_V7.pdf (p.36)

 

[bripat9643]

That's not inflation, sploogy.

Simply put, double jumping is not a good move in chess.

Magic of compound inflation?
See the difference, Rockefeller?

You're babbling incoherently. There is not difference in compounding between inflation and interest.

Have you ever heart of the eternal political triangle, Arisotle?

The subject is compound interest. Stick to it.

"The subject is compound interest"?
"J. P. Morgan and John D. Rockefeller are said to have called the principle of compound interest the Eighth Wonder of the World. For them it meant concentrating financial fortunes in the hands of an emerging oligarchy indebting the economy to itself at an exponential rate. This has been the key factor in polarizing the distribution of wealth and political power in societies that do not take steps to cope with this dynamic."
Compound interest has been used for three thousand years to fund Aristotle's eternal political triangle of democracy, oligarchy, and aristocracy.

http://store.counterpunch.org/wp-content/uploads/2015/08/Killing-The-Host_PDF_V7.pdf (p.36)

<YAWN!>

 

[georgephillip]

Magic of compound inflation?
See the difference, Rockefeller?

You're babbling incoherently. There is not difference in compounding between inflation and interest.

Have you ever heart of the eternal political triangle, Arisotle?

The subject is compound interest. Stick to it.

"The subject is compound interest"?
"J. P. Morgan and John D. Rockefeller are said to have called the principle of compound interest the Eighth Wonder of the World. For them it meant concentrating financial fortunes in the hands of an emerging oligarchy indebting the economy to itself at an exponential rate. This has been the key factor in polarizing the distribution of wealth and political power in societies that do not take steps to cope with this dynamic."
Compound interest has been used for three thousand years to fund Aristotle's eternal political triangle of democracy, oligarchy, and aristocracy.

http://store.counterpunch.org/wp-content/uploads/2015/08/Killing-The-Host_PDF_V7.pdf (p.36)

<YAWN!>

Time to wake up?
"We are living today in a transition period much like that of Athens c. 330 BC when Aristotle wrote his Politics. Seeing inequality widen as his citystate became an empire, he described how wealthy families tend to emerge within democracies to become a financial oligarchy. Book V of Politics traces how these oligarchies indebt a rising proportion of the population to themselves, creating hereditary estates on which to found aristocratic dynasties."
http://store.counterpunch.org/wp-content/uploads/2015/08/Killing-The-Host_PDF_V7.pdf (p. 191)
Parasites getting rich from compound interest do so at the expense of the productive economy; unless you are personally among the richest 0.01% of hedge fund Americans, you are being played for an ideological fool.

 

[bripat9643]

You're babbling incoherently. There is not difference in compounding between inflation and interest.

Have you ever heart of the eternal political triangle, Arisotle?

The subject is compound interest. Stick to it.

"The subject is compound interest"?
"J. P. Morgan and John D. Rockefeller are said to have called the principle of compound interest the Eighth Wonder of the World. For them it meant concentrating financial fortunes in the hands of an emerging oligarchy indebting the economy to itself at an exponential rate. This has been the key factor in polarizing the distribution of wealth and political power in societies that do not take steps to cope with this dynamic."
Compound interest has been used for three thousand years to fund Aristotle's eternal political triangle of democracy, oligarchy, and aristocracy.

http://store.counterpunch.org/wp-content/uploads/2015/08/Killing-The-Host_PDF_V7.pdf (p.36)

<YAWN!>

Time to wake up?
"We are living today in a transition period much like that of Athens c. 330 BC when Aristotle wrote his Politics. Seeing inequality widen as his citystate became an empire, he described how wealthy families tend to emerge within democracies to become a financial oligarchy. Book V of Politics traces how these oligarchies indebt a rising proportion of the population to themselves, creating hereditary estates on which to found aristocratic dynasties."
http://store.counterpunch.org/wp-content/uploads/2015/08/Killing-The-Host_PDF_V7.pdf (p. 191)
Parasites getting rich from compound interest do so at the expense of the productive economy; unless you are personally among the richest 0.01% of hedge fund Americans, you are being played for an ideological fool.

You'll have to excuse me if I don't accept the interpretation of Aristotle's writing by some commie.

 

[Rshermr]

Have you ever heart of the eternal political triangle, Arisotle?

The subject is compound interest. Stick to it.

"The subject is compound interest"?
"J. P. Morgan and John D. Rockefeller are said to have called the principle of compound interest the Eighth Wonder of the World. For them it meant concentrating financial fortunes in the hands of an emerging oligarchy indebting the economy to itself at an exponential rate. This has been the key factor in polarizing the distribution of wealth and political power in societies that do not take steps to cope with this dynamic."
Compound interest has been used for three thousand years to fund Aristotle's eternal political triangle of democracy, oligarchy, and aristocracy.

http://store.counterpunch.org/wp-content/uploads/2015/08/Killing-The-Host_PDF_V7.pdf (p.36)

<YAWN!>

Time to wake up?
"We are living today in a transition period much like that of Athens c. 330 BC when Aristotle wrote his Politics. Seeing inequality widen as his citystate became an empire, he described how wealthy families tend to emerge within democracies to become a financial oligarchy. Book V of Politics traces how these oligarchies indebt a rising proportion of the population to themselves, creating hereditary estates on which to found aristocratic dynasties."
http://store.counterpunch.org/wp-content/uploads/2015/08/Killing-The-Host_PDF_V7.pdf (p. 191)
Parasites getting rich from compound interest do so at the expense of the productive economy; unless you are personally among the richest 0.01% of hedge fund Americans, you are being played for an ideological fool.

You'll have to excuse me if I don't accept the interpretation of Aristotle's writing by some commie.

Only a con tool calls people "commie". No one is a commie any more, but some people are congenital idiots. And that would be anyone who seriously expects someone to believe them when they call a person a commie. Really, me boy, I understand that it is difficult for you to make a cogent argument, and particularly any argument not made up of lies.
And, me boy, you do indeed need someone to interpret any complex writing. Because, of course, you are not capable.

But, congenital issues are really not your problem. Just plain bad luck. Dipshit.
Still waiting, dipshit, for your response to where that successful libertarian economy is. Can't do it, can you, me Libertarian without a country.

 

[IsaacNewton]

In theory, Communism died when the Berlin Wall fell, after Reagan defeated the Soviet Union. America took a sharp turn to the left in 2008 with the failures of the Bush administration leading many to question the free market as a viable engine of growth and prosperity. Even so, few would openly speak of, much less advocate for Communism as defined by Marx.

The seminal work of Marx is "Capital," which was published in two volumes, with a third cobbled together after his death. "Capital" is far more influential than the "Communist Manifesto" in terms of explaining the "why and how" of Communism.

But Marx published his work in 1867, under the title "Das Kapital, Kritik der politischen Ökonomie." What could this have to do with America, 150 years later? The answer is French Communist Thomas Piketty, who has adopted the same name for a modernized version of the Marxist screed. Piketty is not some fringe, but has occupied the #1 spot of the New York Times best seller list for 5 weeks. Communism is extremely popular.

Given the history of Lenin, Stalin, Mao, Ho, Pol Pot, Kim, et al, how could people become enamored by Marxism? Promotion by the popular media and leftist culture, for one thing. Piketty has over 400 pages of statistics in his manifesto, I assure you that George Clooney and Cindy Crawford are not reading this, BUT it is an expected accoutrement at the elitist parties and events that Hollywood royalty attend.

What does the reemergence of Communism as high fashion mean for the world? We will all find out.

It is Reagan Communism that is taking hold. He didn't defeat anyone, Gorbachev dismantled the Soviet Union. The only thing Reagan did was ignore the Constitution and commit high crimes while in office during Iran/Contra and other criminal acts..

The new Reagan Communism is the attempt by the Republican party to also ignore and in essence tear up the Constitution going state by state. They gain control of a state, then they gerrymander all the districts so they can't possibly lose elections, then they start enacting laws that are unconstitutional as quickly as possible to keep the opposition from voting, get rid of women's rights, and destroy unions and the ability of the working class to have a voice and say in government. This is Reagan's Communism. Put all the power in the few hands of his political party, then force their views on the populace.

Best to call it The New Reagan Politburo.

 

[georgephillip]

ou'll have to excuse me if I don't accept the interpretation of Aristotle's writing by some commie

How do you feel about Adam Smith and Richard Price?

"The exponential growth of savings (= other peoples’ debts)

"One of Adam Smith’s contemporaries, the Anglican minister and actuarial mathematician Richard Price, graphically explained the seemingly magical nature of how debts multiplied exponentially.

"As he described in his 1772 Appeal to the Public on the Subject of the National Debt: Money bearing compound interest increases at first slowly.

"But, the rate of increase being continually accelerated, it becomes in some time so rapid, as to mock all the powers of the imagination.

"One penny, put out at our Saviour’s birth at 5% compound interest, would, before this time, have increased to a greater sum than would be obtained in a 150 millions of Earths, all solid gold.

"But if put out to simple interest, it would, in the same time, have amounted to no more than 7 shillings 4½d."

http://store.counterpunch.org/wp-content/uploads/2015/08/Killing-The-Host_PDF_V7.pdf (p. 31)

 

[bripat9643]

ou'll have to excuse me if I don't accept the interpretation of Aristotle's writing by some commie

How do you feel about Adam Smith and Richard Price?

"The exponential growth of savings (= other peoples’ debts)

"One of Adam Smith’s contemporaries, the Anglican minister and actuarial mathematician Richard Price, graphically explained the seemingly magical nature of how debts multiplied exponentially.

"As he described in his 1772 Appeal to the Public on the Subject of the National Debt: Money bearing compound interest increases at first slowly.

"But, the rate of increase being continually accelerated, it becomes in some time so rapid, as to mock all the powers of the imagination.

"One penny, put out at our Saviour’s birth at 5% compound interest, would, before this time, have increased to a greater sum than would be obtained in a 150 millions of Earths, all solid gold.

"But if put out to simple interest, it would, in the same time, have amounted to no more than 7 shillings 4½d."

http://store.counterpunch.org/wp-content/uploads/2015/08/Killing-The-Host_PDF_V7.pdf (p. 31)

<YAWN!>

 

[Rshermr]

ou'll have to excuse me if I don't accept the interpretation of Aristotle's writing by some commie

How do you feel about Adam Smith and Richard Price?

"The exponential growth of savings (= other peoples’ debts)

"One of Adam Smith’s contemporaries, the Anglican minister and actuarial mathematician Richard Price, graphically explained the seemingly magical nature of how debts multiplied exponentially.

"As he described in his 1772 Appeal to the Public on the Subject of the National Debt: Money bearing compound interest increases at first slowly.

"But, the rate of increase being continually accelerated, it becomes in some time so rapid, as to mock all the powers of the imagination.

"One penny, put out at our Saviour’s birth at 5% compound interest, would, before this time, have increased to a greater sum than would be obtained in a 150 millions of Earths, all solid gold.

"But if put out to simple interest, it would, in the same time, have amounted to no more than 7 shillings 4½d."

http://store.counterpunch.org/wp-content/uploads/2015/08/Killing-The-Host_PDF_V7.pdf (p. 31)

Poor old bripat, really not capable of dealing with they much rational. He is incapable of discussion. Nothing but lies and insults, normal for paid conservative tools.

 

[georgephillip]

Poor old bripat, really not capable of dealing with they much rational. He is incapable of discussion. Nothing but lies and insults, normal for paid conservative tools.

Some of them can not believe they will never find a moral justification for selfishness:

Greed - Wikipedia, the free encyclopedia

"Greed (OE grǽdum) is an inordinate or insatiable longing, esp. for wealth, status, and power.

"As secular psychological concept, greed is, similarly, an inordinate desire to acquire or possess more than one needs.

"The degree of inordinance is related to the inability to control the reformulation of 'wants' once desired 'needs' are eliminated.

"Erich Fromm described greed as 'a bottomless pit which exhausts the person in an endless effort to satisfy the need without ever reaching satisfaction.'"

 

[Uncensored2008]

Magic of compound inflation?
See the difference, Rockefeller?

What I see is that you found a hammer, in the guise of a poorly constructed bit of nonsense from one of the hate sites, purporting to support the class warfare that the democratic party is using to promote socialism. It says not a word about inflation, and instead focuses on debt as a convenient vehicle to promote the same failed Marxism rejected by all legitimate parties decades ago. Marxism offers unlimited power to oligarchs, which is the appeal to the elite and the reason it is sold to the stupid.

But you have a hammer, and wontonley pound on walls and windows alike, imagining yourself a carpenter.