Your view on Socialism/Communism/Liberalism

[Conservative65]

No, it was big greedy banks.

I'm sorry I have to keep explaining this to you, but Barnie Frank wasn't the guy who took bad mortgages and sold them off as investments by lying about their value.

That was your boys at the big banks.

Barack Obama Lashes Out at Banks For Risky Mortgages in Weekly Address ...Forgets to Mention His Lawsuit Forced Banks to Ease Lending Practices

But Obama forgot to mention that he was the one who sued banks to force them to make loans to families who couldn’t afford them.
In 1994, Barack Obama was one of the plaintiffs in a class action lawsuit, alleging that Citibank had engaged in practices that discriminated against minorities. The lawsuit forced the bank to ease its lending practices.

These are unintended consequences when liberals get involved. They say they are FOR THE PEOPLE, but in the long run, the liberal elite bank owners, get the profits, and the little guy gets screwed.

Jamie Dimon - Wikipedia, the free encyclopedia

As head of JPMorgan Chase, Dimon oversaw the transfer of $25 billion in funds from the U.S. Treasury Department to the bank on October 28, 2008, under the Troubled Asset Relief Program (TARP).

Dimon donates primarily to the Democratic Party.

Joe you hate big banks, but big banks are contributing to the diaper wearing candidate who has a vagina. Your interests don't matter , but Dimon's sure does. Maybe if you contributed more to the Clinton Crime Foundation, your voice might be heard.

Poor people buying houses did not cause the meltdown. However let's look for a moment at the practice of redlining. It's where banks just draw a line around poor neighborhoods and refuse to lend there even if the applicant meets all other requirements. I take it you think this kind of thing is just fine.

Depends on what was done to the requirements. Lowering a standard in order that more people qualify isn't necessarily a good thing so as not to hurt someone's feelings by telling them no.

www.belief.com/columnists/reformedchicksblabbing/2009/02/a-school-bus-driver-wants-bail.html

No lending standards were lowered by anyone in the government however the banks themselves lowered standards in order to sell a lot more mortgage bonds to meet the demand from a lot of investors.

25 People to Blame for the Financial Crisis - TIME

He also signed the Commodity Futures Modernization Act, which exempted credit-default swaps from regulation. In 1995 Clinton loosened housing rules by rewriting the Community Reinvestment Act, which put added pressure on banks to lend in low-income neighborhoods.

Funny how easily liberal forget the past.

They'll say that was 21 years ago with Clinton right after using something to bash Reagan that happened 35 years ago.

 

[Conservative65]

Calvin Coolidge - Wikipedia, the free encyclopedia

During Coolidge's presidency, the United States experienced a period of rapid economic growth known as the "Roaring Twenties." He left the administration's industrial policy in the hands of his activist Secretary of Commerce, Herbert Hoover, who energetically used government auspices to promote business efficiency and develop airlines and radio.[108] Coolidge disdained regulation, and demonstrated this by appointing commissioners to the Federal Trade Commission and the Interstate Commerce Commission who did little to restrict the activities of businesses under their jurisdiction.[109] The regulatory state under Coolidge was, as one biographer described it, "thin to the point of invisibility."[110]

It all comes back to the liberals and how much they hate people who are happy.
Religious people are happy knowing that God and hard work will reward each individual so they can have personal satisfaction. Liberals say how you can you be happy when the guy next to you cant be happy like you? So they take away from the happy person, and give to the unhappy person, now both are unhappy. That is socialism. It was first tried in the Mayflower Compact and the US almost never happened. Thank God, not liberals, that the people woke up and allowed each individual, to reach their own successes. Those that didn't , died of starvation. Venezuela, now those people of Socialism are all starving. That is the liberal way.

They see a small percentage that are unhappy and think in order to make them feel better, others have to also be unhappy. Wouldn't it be more simple to give incentives for that small percentage to move upward?

 

[Conservative65]

The banks were forced to lend in these areas, not to loosen income requirements or anything else.

Well, except for the requirement that the property in question was in an area the bank deemed a safe investment.

The end of redlining had many beneficial effects to America's cities long before the mortgage crisis. Abandoned property got purchased by locals, the horrible old landlords lost their stranglehold on housing, things got cleaned up and people took more pride in their neighborhoods, some of which have since been transformed to upscale neighborhoods. since the great recession things slid back somewhat but before then it was considered by both parties to be a good thing that banks were finally funding investment in areas they had neglected for decades.

Yes. "Both" parties have an interest in controlling private wealth. That doesn't make it a good idea.

Since our banking system is a vital part of our economic infrastructure it cannot be allowed to act in ways counter to the well-being of our nation. There has to be rules to follow and it has to be fair. it is the only alternative to nationalization of the financial system. Left to its own devices a financial system will naturally become corrupt and untrustworthy.

Define fair.

 

[regent]

Whatever happened to the Republican battle cry: "socialism leads to communism"? Entire historical eras were devoted to that battle cry.

 

[Nosmo King]

Where are the "nearly 100%" capitalist nations?

most capitalist countries - Google Search

look for yourself.

tired of; "that's a hack site" when I never heard of it before

The United States, Great Britain, Germany are all nations with healthy elements of socialism.

and massive debt

drop socialism and the debt drops and drops and no one dies or suffers, as is the myth

Let's tell Grandpa that he no longer should get his Social Security checks.

Nobody is suggesting that. Anyone who's been forced to pay into the system their entire life should get full benefits.

Instead, let's tell junior that he gets to keep that big chunk of his paycheck currently going to FICA.

I won't get full benefits.

But the larger point is there is no place on earth that is 100% capitalist. Every developed nation, the most successful nations, have some form of socialism imbedded in their economic system.

 

[Nosmo King]

Where are the "nearly 100%" capitalist nations?

most capitalist countries - Google Search

look for yourself.

tired of; "that's a hack site" when I never heard of it before

The United States, Great Britain, Germany are all nations with healthy elements of socialism.

and massive debt

drop socialism and the debt drops and drops and no one dies or suffers, as is the myth

Let's tell Grandpa that he no longer should get his Social Security checks.

Better yet, tell the illegals and lazy democrat schlobs that their welfare checks will no longer arrive, see how long they sit on their couches, smoking dope, eating government cheese, and using their FREE cellphones. Soon they will be out there in Obama's roaring economic recovery working 29 fulltime hours, having to put their hard earned money into the social security fund<SARCASM>

There are, believe it or not, folks unable to find or hold jobs due to extenuating circumstances.

But the larger point is there simply aren't any nations that are 100% capitalist.

 

[Nosmo King]

most capitalist countries - Google Search

look for yourself.

tired of; "that's a hack site" when I never heard of it before

The United States, Great Britain, Germany are all nations with healthy elements of socialism.

and massive debt

drop socialism and the debt drops and drops and no one dies or suffers, as is the myth

Let's tell Grandpa that he no longer should get his Social Security checks.

Better yet, tell the illegals and lazy democrat schlobs that their welfare checks will no longer arrive, see how long they sit on their couches, smoking dope, eating government cheese, and using their FREE cellphones. Soon they will be out there in Obama's roaring economic recovery working 29 fulltime hours, having to put their hard earned money into the social security fund<SARCASM>

Tell all those that claim they can't find a job that the handouts end on (fill in the date) and see how quickly they find something they say doesn't exist.

Are you that confident in the job market?

But the larger point is, there are no nations that are 100% capitalist.

 

[Nosmo King]

Where are the "nearly 100%" capitalist nations?

most capitalist countries - Google Search

look for yourself.

tired of; "that's a hack site" when I never heard of it before

The United States, Great Britain, Germany are all nations with healthy elements of socialism.

and massive debt

drop socialism and the debt drops and drops and no one dies or suffers, as is the myth

Let's tell Grandpa that he no longer should get his Social Security checks.

How many times have you been told that SS is not socialism? How many times has it been proven to you?

can you even recall all the times?

and yet you repeat the lie, years later.

Social Security is socialist. Employers are taxed, employees are taxed and those tax dollars are redistributed to those who qualify.

 

[Conservative65]

The United States, Great Britain, Germany are all nations with healthy elements of socialism.

and massive debt

drop socialism and the debt drops and drops and no one dies or suffers, as is the myth

Let's tell Grandpa that he no longer should get his Social Security checks.

Better yet, tell the illegals and lazy democrat schlobs that their welfare checks will no longer arrive, see how long they sit on their couches, smoking dope, eating government cheese, and using their FREE cellphones. Soon they will be out there in Obama's roaring economic recovery working 29 fulltime hours, having to put their hard earned money into the social security fund<SARCASM>

Tell all those that claim they can't find a job that the handouts end on (fill in the date) and see how quickly they find something they say doesn't exist.

Are you that confident in the job market?

But the larger point is, there are no nations that are 100% capitalist.

I'm confident that when people are't enabled to lie around doing nothing for a handout they'll stop making excuses.

 

[Mikeoxenormous]

most capitalist countries - Google Search

look for yourself.

tired of; "that's a hack site" when I never heard of it before

The United States, Great Britain, Germany are all nations with healthy elements of socialism.

and massive debt

drop socialism and the debt drops and drops and no one dies or suffers, as is the myth

Let's tell Grandpa that he no longer should get his Social Security checks.

How many times have you been told that SS is not socialism? How many times has it been proven to you?

can you even recall all the times?

and yet you repeat the lie, years later.

Social Security is socialist. Employers are taxed, employees are taxed and those tax dollars are redistributed to those who qualify.

Social Security was established because some people back in the day didn't think they would live past 60. So the schlobs just relied on a small pension, from the company, smoke cigarettes, drank alcohol, lived their lives to fullest without investing in their future, and bam, they lived past 60. Didn't have any money except their pension, couldn't live the lifestyle of the rich and famous, got jealous of the others, so in came the government and started making life "EQUAL". They took away from the rich, by taxing the rich more, and the poor less, they enacted a death tax that took 50% of the wealth of a family, so it couldn't be handed down to the children, because the poor children didn't get anything, soon those rich people had to find some other mean to protect their wealth. Some made "FOUNDATIONS", wink, wink, others made offshore accounts, for if they didn't, they would lose millions of dollars. I was a burger flipper back at McD's making $2.10 an hour, today I have millions of dollars, not because I relied on the government, but I got skills and educated, using my abilities to the best that I could. If capitalism isn't good, then how does a BLACK athlete make hundreds of millions dollars and still be able to sit during the national anthem?


Busted! John Kerry Hides Millions of Dollars in Offshore Bank Accounts ⋆ Deneen Borelli

Secretary of State John Kerry and his wife Teresa Heinz have invested millions of U.S. dollars through family trusts in at least 11 offshore tax havens, according to an analysis by The Daily Caller News Foundation. The revelation comes on the heels of the release of the Panama Papers, a treasure trove of 11.5 million legal and financial records documenting how some of the world’s richest and most powerful people have used offshore bank accounts to conceal their wealth and avoid taxes.

 

[regent]

most capitalist countries - Google Search

look for yourself.

tired of; "that's a hack site" when I never heard of it before

The United States, Great Britain, Germany are all nations with healthy elements of socialism.

and massive debt

drop socialism and the debt drops and drops and no one dies or suffers, as is the myth

Let's tell Grandpa that he no longer should get his Social Security checks.

Nobody is suggesting that. Anyone who's been forced to pay into the system their entire life should get full benefits.

Instead, let's tell junior that he gets to keep that big chunk of his paycheck currently going to FICA.

I won't get full benefits.

But the larger point is there is no place on earth that is 100% capitalist. Every developed nation, the most successful nations, have some form of socialism imbedded in their economic system.

As did America when the ink on the Constitution dried.

 

[Mikeoxenormous]

The United States, Great Britain, Germany are all nations with healthy elements of socialism.

and massive debt

drop socialism and the debt drops and drops and no one dies or suffers, as is the myth

Let's tell Grandpa that he no longer should get his Social Security checks.

Better yet, tell the illegals and lazy democrat schlobs that their welfare checks will no longer arrive, see how long they sit on their couches, smoking dope, eating government cheese, and using their FREE cellphones. Soon they will be out there in Obama's roaring economic recovery working 29 fulltime hours, having to put their hard earned money into the social security fund<SARCASM>

Tell all those that claim they can't find a job that the handouts end on (fill in the date) and see how quickly they find something they say doesn't exist.

Are you that confident in the job market?

But the larger point is, there are no nations that are 100% capitalist.

I thought that with Obama's roaring economic recovery and it below 5% unemployment rate, more people would be capitalistic, you know working and making their living. You don't seem optimistic with your statement "Are you that confident in the job market?" Do you know something that Obama doesn't? Could it be that with the infusion of future Democrat voters who will be receiving socialist supplements, that the pay for these employee's is driving down the pay for US citizens? Why would Obama allow the illegal horde to cross our border from the south, so people like Warren Buffet can make billions of dollars? Cronie Capitalism makes liberal elites very wealthy while making uninformed people live in poverty. You do realize that Obama has been in office over 7 3/4 years.

 

[JoeB131]

These are unintended consequences when liberals get involved. They say they are FOR THE PEOPLE, but in the long run, the liberal elite bank owners, get the profits, and the little guy gets screwed.

Again, dummy, the banks didn't collapse because they made loans to poor people. The banks collapsed becasue they sold those mortgages as investments and mistated their value. The real problem wasn't poor people who got loans they qualified for except for racist bankers. The real problem was the dumb-ass middle class white family watching TLC and thinking they could make a fortune flipping a McMansion.

Joe you hate big banks, but big banks are contributing to the diaper wearing candidate who has a vagina. Your interests don't matter , but Dimon's sure does. Maybe if you contributed more to the Clinton Crime Foundation, your voice might be heard.

Again, propping up the banks are what the FDLIC and FSC are supposed to do... The problem is that we didn't prosecute the wrongdoers afterwards.

 

[JoeB131]

They couldn't get a mortgage because they couldn't afford them. Simple math once again, but in came the liberals, and that liberal compassion soon put people in a place they didn't belong. Liberal compassion ends up with unintended consequences that eventually will screw over a lot of people. Just look at the new healthcare law, unintended consequences?

Yes, how dare those poor people expect a roof over their heads!!!!

Here was the thing you ignored. Bush thought poor people buying houses was wonderful.

 

[dblack]

They couldn't get a mortgage because they couldn't afford them. Simple math once again, but in came the liberals, and that liberal compassion soon put people in a place they didn't belong. Liberal compassion ends up with unintended consequences that eventually will screw over a lot of people. Just look at the new healthcare law, unintended consequences?

Yes, how dare those poor people expect a roof over their heads!!!!

Here was the thing you ignored. Bush thought poor people buying houses was wonderful.

He did indeed. Both Rs and Ds are eager to see us indebted to their bankster sponsors.

 

[Norman]

My view... is the factual view... they are theft, and murder.

 

[frigidweirdo]

We have seen Bernie Sanders almost take the throne from Hillary Clinton. Except for the Super Delegates, he had the most votes. So what is so appealing about Socialism/Communism/Liberalism. Even Whoopi Goldberg, who has made millions of dollars from a Capitalist Society, says "that Communism works on paper, but, when Humans get placed in Charge, then it's nuts. So why do you all want Socialism?

I'm not a socialist, communist, whatever ist.

However Socialism can work for some things. Like health. In the US health is one of the biggest areas of corruption, it take up about 3% of US GDP alone. The British healthcare system would be a lot better if the Tories weren't trying to make it into the US system, claiming it's too expensive but then wanting a system that costs twice as much.

Most areas of business you need that competition, but when it comes to healthcare, competition seems to just add layers. Like health insurance. Why do you need to pay for health insurance, and then pay for the profits on top of this health insurance? You don't need to in the US.
The US system sees hospitals trying to keep you in hospital and give you too much care, in the UK they want you out of the hospital as quickly as possible. I've experienced hospitals in other countries (not US or UK) where you go, they demand you stay three weeks in a hospital bed because you need part of your finger sewing up. Or go to one hospital for a scan and be quoted 4 times more for the scan than at another hospital. It's crazy, but a socialized system with health works, and it's been proven to work, and is cheaper in the long run.

Prisons don't work well either. Too many problems when private companies take over. When it's in Louisiana and it's private prisons owned by the police, then the police are trying to get more people in prisons than there should be, they're essentially making sure those who leave prison will come back anyway, it's ridiculous.

Fire services don't work well when private, used to be the case in England back in the day.
Fire engines would turn up, see there was no plaque on the house and go home with the fire still blazing.

Okay lets take a look at this analogy.
Back in the day if you paid for fire protection, the fire trucks would show up and you would have your house saved, if you didn't pay your house would burn down.
Back in the day, if you paid for your retirement, when you retired you would end up having a nest egg to live on, if you didn't you would go hungry.
Back in the day if you worked hard, you would keep 97 cents on the dollar while the government took 3 cents so they could provide US citizens an army to keep out invasions.

Today, if you don't pay fire protection, you get it because your neighbor had to pay.
Today, if you didn't save for retirement, then you get a SS benefit(even if you didn't pay into it) because your neighbor had to pay.
Toady, if you don't work , you get Free cellphone, free food, free healthcare, while your neighbor has to pay for it.

Detroit is bankrupt because those that had to pay moved away, leaving a failed city and lots of poor people who couldn't move away. What part of that don't you understand?
Venezuela failed because the government made all the people who could pay, leave or took all their money, who stayed, now there isn't any money there.

Then again are you saying that the US is a worse place to live now for most people than it was in say, 1900?

Detroit is bankrupt because the industry it had failed. Simple as. This has nothing to do with what existed before. The fact that people left is a damning indictment on the US as a whole with its inability to deal with changes such as this. Most people just shrug their shoulders and blame taxes for it.

Venezuela has suffered massive problems because the price of oil has gone down. There were a lot of poor people in Venezuela who hadn't been included in education and were destined to remain poor. What Chavez attempted to do was to bring people out of that, people voted for him because he was going to change their lives for the better. Problem is he couldn't do it.

I'm now awaiting the point to your post.

 

[Mikeoxenormous]

We have seen Bernie Sanders almost take the throne from Hillary Clinton. Except for the Super Delegates, he had the most votes. So what is so appealing about Socialism/Communism/Liberalism. Even Whoopi Goldberg, who has made millions of dollars from a Capitalist Society, says "that Communism works on paper, but, when Humans get placed in Charge, then it's nuts. So why do you all want Socialism?

I'm not a socialist, communist, whatever ist.

However Socialism can work for some things. Like health. In the US health is one of the biggest areas of corruption, it take up about 3% of US GDP alone. The British healthcare system would be a lot better if the Tories weren't trying to make it into the US system, claiming it's too expensive but then wanting a system that costs twice as much.

Most areas of business you need that competition, but when it comes to healthcare, competition seems to just add layers. Like health insurance. Why do you need to pay for health insurance, and then pay for the profits on top of this health insurance? You don't need to in the US.
The US system sees hospitals trying to keep you in hospital and give you too much care, in the UK they want you out of the hospital as quickly as possible. I've experienced hospitals in other countries (not US or UK) where you go, they demand you stay three weeks in a hospital bed because you need part of your finger sewing up. Or go to one hospital for a scan and be quoted 4 times more for the scan than at another hospital. It's crazy, but a socialized system with health works, and it's been proven to work, and is cheaper in the long run.

Prisons don't work well either. Too many problems when private companies take over. When it's in Louisiana and it's private prisons owned by the police, then the police are trying to get more people in prisons than there should be, they're essentially making sure those who leave prison will come back anyway, it's ridiculous.

Fire services don't work well when private, used to be the case in England back in the day.
Fire engines would turn up, see there was no plaque on the house and go home with the fire still blazing.

Okay lets take a look at this analogy.
Back in the day if you paid for fire protection, the fire trucks would show up and you would have your house saved, if you didn't pay your house would burn down.
Back in the day, if you paid for your retirement, when you retired you would end up having a nest egg to live on, if you didn't you would go hungry.
Back in the day if you worked hard, you would keep 97 cents on the dollar while the government took 3 cents so they could provide US citizens an army to keep out invasions.

Today, if you don't pay fire protection, you get it because your neighbor had to pay.
Today, if you didn't save for retirement, then you get a SS benefit(even if you didn't pay into it) because your neighbor had to pay.
Toady, if you don't work , you get Free cellphone, free food, free healthcare, while your neighbor has to pay for it.

Detroit is bankrupt because those that had to pay moved away, leaving a failed city and lots of poor people who couldn't move away. What part of that don't you understand?
Venezuela failed because the government made all the people who could pay, leave or took all their money, who stayed, now there isn't any money there.

Then again are you saying that the US is a worse place to live now for most people than it was in say, 1900?

Detroit is bankrupt because the industry it had failed. Simple as. This has nothing to do with what existed before. The fact that people left is a damning indictment on the US as a whole with its inability to deal with changes such as this. Most people just shrug their shoulders and blame taxes for it.

Venezuela has suffered massive problems because the price of oil has gone down. There were a lot of poor people in Venezuela who hadn't been included in education and were destined to remain poor. What Chavez attempted to do was to bring people out of that, people voted for him because he was going to change their lives for the better. Problem is he couldn't do it.

I'm now awaiting the point to your post.

Yeah, sure just like Hillary said that she never sent or received Marked Classified material over her private server. Liberal lie, when caught in a lie they double down, so Hugo, who stole all the private investment companies assets in his Country, basically chasing out prosperity, soon, there was nothing left, because lazy people are just that lazy, and expect the government to sustain them, but when the money runs out, except for the liberal elite, people start to starve. Time after time, we have seen this disaster happen when Socialism takes over. But those in Charge always seem to be uber WEALTHY.

Hugo Chávez daughter is the richest individual in Venezuela, report claims

According to the Miami-based Diario Las América

, Venezuelan media sources will soon publish materials showing that María Gabriela Chávez has bank accounts in the U.S. and Andorra with assets totaling nearly $4.2 billion.
Those figures stand in stark contrast to the overall state of the Venezuelan economy, which has been plagued by the collapse of oil prices, spiraling inflation rates caused by untenable fiscal policies and massive shortages of the most basic commodities, such as food, diapers and beauty products.

 

[JoeB131]

Yeah, sure just like Hillary said that she never sent or received Marked Classified material over her private server. Liberal lie, when caught in a lie they double down, so Hugo, who stole all the private investment companies assets in his Country, basically chasing out prosperity, soon, there was nothing left, because lazy people are just that lazy, and expect the government to sustain them, but when the money runs out, except for the liberal elite, people start to starve. Time after time, we have seen this disaster happen when Socialism takes over. But those in Charge always seem to be uber WEALTHY.

Guy, why did you ignore his point?

Venezuela is in trouble because oil revenues dropped from 900 Billion Bolivars a year to 159 billion.

So here you have a case of a society demanding it get to enjoy its own wealth and the system punishing it for doing so. and youa re so fine with this.

 

[owebo]

most capitalist countries - Google Search

look for yourself.

tired of; "that's a hack site" when I never heard of it before

The United States, Great Britain, Germany are all nations with healthy elements of socialism.

and massive debt

drop socialism and the debt drops and drops and no one dies or suffers, as is the myth

Let's tell Grandpa that he no longer should get his Social Security checks.

Better yet, tell the illegals and lazy democrat schlobs that their welfare checks will no longer arrive, see how long they sit on their couches, smoking dope, eating government cheese, and using their FREE cellphones. Soon they will be out there in Obama's roaring economic recovery working 29 fulltime hours, having to put their hard earned money into the social security fund<SARCASM>

There are, believe it or not, folks unable to find or hold jobs due to extenuating circumstances.

But the larger point is there simply aren't any nations that are 100% capitalist.

Venezuela is 100% socialist.....

They are eating zoo animals now to survive...