75 economic numbers from 2012 that are almost too crazy to believe...

[Uncensored2008]

2008 is yet another Lib who thinks shrinking government will inhibit Goldman Sachs and Boeing.
I'm not sure he's living on the same planet with most of us.

Who do you think shields Goldman Sachs from market forces?

It wasn't Walmart who used taxpayer money to bail them out, and declared they were "too big to fail." Nor was it Microsoft or Geico.

 

[EdwardBaiamonte]

There never has been a successfull Libertarian economy, .

not a pure libertarian economy, nor a pure capitalist economy nor a pure socialist or communist, fascist or fabian socialist econmy. What we do know is that America is the most libertarian in human history, given our very libertarian founding, and the richest in human history.

 

[EdwardBaiamonte]

2008 is yet another Lib who thinks shrinking government will inhibit Goldman Sachs and Boeing.
I'm not sure he's living on the same planet with most of us.

dear, without crony capitalist liberal government to protect them the only way they can survive is to offer services that free individuals want to buy more than anything else in the world.

Do you have anything to sell that people want to buy more than anything else in the entire world? Try to invent something and you'll see how incredible and wonderful hese companies are. Over time free people make good choices in buying becuase they know whats in their best interests better than anyone. That is how we got the stone age to here rather than regressed from the stone age.

Now you've got the basics of economics down.

 

[Uncensored2008]

not a pure libertarian economy, nor a pure capitalist economy nor a pure socialist or communist, fascist or fabian socialist econmy. What we do know is that American is the most libertarian in human history, given our very libertarian founding, and the richest in human history.

There is no such thing as a "libertarian economy."

Rothbardian (Real) Libertarians support a Capitalist economy, end of story.

The Chomskyites support a communist economy. (Non or Fake Libertarians)

 

[Soggy in NOLA]

Are you disputing any of his numbers?

"In December 2008, 31.6 million Americans were on food stamps. Today, a new all-time record of 47.7 million Americans are on food stamps. That number has increased by more than 50 percent over the past four years, and yet the mainstream media still has the gall to insist that “things are getting better”.

#2 Back in the 1970s, about one out of every 50 Americans was on food stamps. Today, about one out of every 6.5 Americans is on food stamps."

75 Economic Numbers From 2012 That Are Almost Too Crazy To Believe | ZeroHedge

No, TM is just brainfarting.. and it's quite toxic.

 

[georgephillip]

2008 is yet another Lib who thinks shrinking government will inhibit Goldman Sachs and Boeing.
I'm not sure he's living on the same planet with most of us.

Who do you think shields Goldman Sachs from market forces?

It wasn't Walmart who used taxpayer money to bail them out, and declared they were "too big to fail." Nor was it Microsoft or Geico.

It was Hank Paulson and Tim Geithner who bailed them out.
Are Hank and Tim corporate or government tools?
They are both.
Your solution seems to require drowning democracy in a bath tub and expecting fascist collectives (corporations) to self-regulate.
They won't.
They will privatize the monopoly of violence and take whatever they want.
Including your pensions and SS.

 

[EdwardBaiamonte]

Your solution seems to require drowning democracy in a bath tub and expecting fascist collectives (corporations) to self-regulate.
They won't.

of course they will, any energy time and money they devote to anything but pleasing their customers with better and cheaper products will enable a competitor to please their customers more and they will then go bankrupt!!

Ecopn 101 for you!! Sorry!!



They will privatize the monopoly of violence and take whatever they want.
Including your pensions and SS.[/QUOTE]

 

[georgephillip]

Are you disputing any of his numbers?

"In December 2008, 31.6 million Americans were on food stamps. Today, a new all-time record of 47.7 million Americans are on food stamps. That number has increased by more than 50 percent over the past four years, and yet the mainstream media still has the gall to insist that “things are getting better”.

#2 Back in the 1970s, about one out of every 50 Americans was on food stamps. Today, about one out of every 6.5 Americans is on food stamps."

75 Economic Numbers From 2012 That Are Almost Too Crazy To Believe | ZeroHedge

No, TM is just brainfarting.. and it's quite toxic.

Not as toxic as today's finance capitalism:

"The clearest way to analyze any financial system is to ask Who/Whom.

"That is because financial systems are basically a set of debts owed to creditors. In today’s neo-rentier economy the bottom 99% (labor and consumers) owe the 1% (bondholders, stockholders and property owners). Corporate business and government bodies also are indebted to this 1%.

"The degree of financial polarization has sharply accelerated as the 1% are making their move to indebt the 99% – along with industry, state, local and federal government – to the point where the entire economic surplus is owed as debt service.

"The aim is to monopolize the economy, above all the money-creating privilege of supplying the credit that the economy needs to grow and transact business, enabling them to extract interest and other fees for this privilege."

The Ideological Crisis Underlying Today

Money creation should be in public, not toxic private hands.

 

[EdwardBaiamonte]

The financial oligarchy in the US depends on "earnings" they derive from corporations to fund the election campaigns of Democrats and Republicans alike. Dear Leader could not afford to buy that leash without corporate cash. Since all governments exist to serve financial oligarchs why would you THINK the guns, tanks, and WMD would not be employed in the interests of those who own evil corporations?

Nicely stated. The truth seems so evasive for most hapless Americans.

except we have 30 million corporations who compete with each other for survival rather than illegally collude with each other as you dishonestly say!

And this is not to mention that the corporations are equally divided between far left and far right with their money rather than united as you stupidly pretend.


See why we are 100% positve a liberal will be slow.

 

[Uncensored2008]

It was Hank Paulson and Tim Geithner who bailed them out.

Acting in their capacity for?

Oh yes, the United States Government.

So the fact is, that the government that you worship is the only one who did or could protect well connected looters like GS from market forces that would otherwise regulate the market and stop the sort of fraud that is rampant due to government favoritism.

Are Hank and Tim corporate or government tools?
They are both.

Bullshit, they are government.

Your solution seems to require drowning democracy in a bath tub and expecting fascist collectives (corporations) to self-regulate.

Fascism cannot exist without government involvement - it is an impossibility. You can't seem to wrap your head around the fact that monopolies and favoritism ONLY exist when the government creates them.

No company can create a monopoly without the government to enforce it. Apple dearly wants a monopoly on cell phones and tablets, but without government help, Google (Motorola,) Samsung, Asus, and other march in and sell superior products for less money - leaving Apple to scream, rant, and run slanderous ads - but not able to impose the monopoly they seek. No company is more evil than Apple, so if they can't do it without government, no one can.

Fascism is the merger of government and corporate power structures. Blue Cross loves the fascist arrangement Obama created, but BC could never do this without FedGov to force the public to buy their product, with an army of IRS agents mobilized as enforcers and collection agents.

Only the government can do these things, because they ultimately depend on the force of arms, which lies exclusively in the hands of the state.

They won't.
They will privatize the monopoly of violence and take whatever they want.
Including your pensions and SS.

All violence is at the behest of the state. The state has exclusive control of arms.

 

[georgephillip]

2008 is yet another Lib who thinks shrinking government will inhibit Goldman Sachs and Boeing.
I'm not sure he's living on the same planet with most of us.

dear, without crony capitalist liberal government to protect them the only way they can survive is to offer services that free individuals want to buy more than anything else in the world.

Do you have anything to sell that people want to buy more than anything else in the entire world? Try to invent something and you'll see how incredible and wonderful hese companies are. Over time free people make good choices in buying becuase they know whats in their best interests better than anyone. That is how we got the stone age to here rather than regressed from the stone age.

Now you've got the basics of economics down.

Is Hank Paulson a Crony, a Capitalist, or a liberal?

 

[georgephillip]

It was Hank Paulson and Tim Geithner who bailed them out.

Acting in their capacity for?

Oh yes, the United States Government.

So the fact is, that the government that you worship is the only one who did or could protect well connected looters like GS from market forces that would otherwise regulate the market and stop the sort of fraud that is rampant due to government favoritism.

Are Hank and Tim corporate or government tools?
They are both.

Bullshit, they are government.

Your solution seems to require drowning democracy in a bath tub and expecting fascist collectives (corporations) to self-regulate.

Fascism cannot exist without government involvement - it is an impossibility. You can't seem to wrap your head around the fact that monopolies and favoritism ONLY exist when the government creates them.

No company can create a monopoly without the government to enforce it. Apple dearly wants a monopoly on cell phones and tablets, but without government help, Google (Motorola,) Samsung, Asus, and other march in and sell superior products for less money - leaving Apple to scream, rant, and run slanderous ads - but not able to impose the monopoly they seek. No company is more evil than Apple, so if they can't do it without government, no one can.

Fascism is the merger of government and corporate power structures. Blue Cross loves the fascist arrangement Obama created, but BC could never do this without FedGov to force the public to buy their product, with an army of IRS agents mobilized as enforcers and collection agents.

Only the government can do these things, because they ultimately depend on the force of arms, which lies exclusively in the hands of the state.

They won't.
They will privatize the monopoly of violence and take whatever they want.
Including your pensions and SS.

All violence is at the behest of the state. The state has exclusive control of arms.

This state and its economy are controlled by private fortunes like that of Hank Paulson:

"Henry Merritt 'Hank' Paulson, Jr. (born March 28, 1946) is an American banker who served as the 74th United States Secretary of the Treasury. He previously served as the Chairman and Chief Executive Officer of Goldman Sachs."

Private fortunes like Paulson's entitles those possessing the fortunes to a revolving door between banking and government, where they pull the levers of state to advance their private fortunes even more before retreating back into the corporate woodwork with the spoils from their "public service."

Fascism is the merger of government and corporate power structures.
Corporate power structures generate a few vast private fortunes.
Rich parasites like Paulson and Geithner earn their private fortunes by serving corporations.
Political campaign contributions to both major parties often result in the parasites acquiring leading roles in government.
Where they use the power of government to enhance the power of corporations.
The underlying Evil here would appear to be private fortune and its influence over government.

The solution would seem to involve taxing private fortunes into extinction.

 

[Uncensored2008]

Is Hank Paulson a Crony, a Capitalist, or a liberal?

I'll take "all three" for $50, Alex.

 

[georgephillip]

OK, Ill bite.

Convince me Hank's a liberal.

 

[Uncensored2008]

This state and its economy are controlled by private fortunes like that of Hank Paulson:

Utter nonsense. Paulson has a fortune because of his involvement with the state. It is the state that has made him a rich man - through both the corrupt Goldman Sachs channel - that about 90% of U.S. Treasury department heads come from, and interaction with the Federal Reserve.

Private fortunes like Paulson's entitles those possessing the fortunes to a revolving door between banking and government, where they pull the levers of state to advance their private fortunes even more before retreating back into the corporate woodwork with the spoils from their "public service."

Yep, they are looters empowered by the state to steal with both hands. Yet you think giving more power to the state - which is the source of their larceny, will somehow lessen the larceny engaged in.

Fascism is the merger of government and corporate power structures.
Corporate power structures generate a few vast private fortunes.
Rich parasites like Paulson and Geithner earn their private fortunes by serving corporations.

Utter nonsense. The overwhelming majority of corporations have 5 to 10 employees and offer the principles a couple hundred grand a year. A very few become behemoths, and those are generally aided by the state.

Political campaign contributions to both major parties often result in the parasites acquiring leading roles in government.
Where they use the power of government to enhance the power of corporations.
The underlying Evil here would appear to be private fortune and its influence over government.

Ah, you just said it yourself - it is the power of GOVERNMENT that allows them to loot. Because ultimately, government has ALL of the power. The corrupt bastards like Geithner wiggle into government to enable their larceny.

The solution would seem to involve taxing private fortunes into extinction.

The solution would be to keep government out of business, to erect an impenetrable wall between business and state.

 

[Uncensored2008]

OK, Ill bite.

Convince me Hank's a liberal.

{ Not surprisingly, Paulson is effusive in his praise of Federal Reserve Chairman Ben S. Bernanke and then-New York Fed President Timothy F. Geithner, who were his partners in most of the major decisions in formulating the government response. But the former Treasury secretary has more modulated views on other key lawmakers and government officials, with whom he worked to gain new powers and take steps to bail out financial firms.

Paulson had a strong relationship with Rep. Barney Frank (D-Mass.), chairman of the House Financial Services Committee, whom he called "a showman with a quick, impromptu wit. But he's also a pragmatic, disciplined, completely honorable politician." }

{Paulson, who hailed from Wall Street, never meshed well with Republicans on Capitol Hill, and this was particularly true of the top-ranking Republican on the Senate banking committee, Richard C. Shelby (Ala.). "He was a true conservative. I don't think he ever really trusted me, because I came from Wall Street and he hated the Bear Stearns rescue," he wrote. }

Henry Paulson's book offers a glimpse inside the economic crisis

 

[EdwardBaiamonte]

2008 is yet another Lib who thinks shrinking government will inhibit Goldman Sachs and Boeing.
I'm not sure he's living on the same planet with most of us.

dear, without crony capitalist liberal government to protect them the only way they can survive is to offer services that free individuals want to buy more than anything else in the entire world.

Do you have anything to sell that people want to buy more than anything else in the entire world? Try to invent something and you'll see how incredible and wonderful these companies are. Over time free people make good choices in buying because they know what's in their best interests better than anyone. That is how we got the stone age to here rather than regressed from the stone age backwards.

Now you've got the basics of economics down.

Is Hank Paulson a Crony, a Capitalist, or a liberal?

too stupid!! The subject was shrinking government, not Hank!! You try to change the subject as a typical liberal because you are too slow to understand the subject. PLease address the subject or admit you lack the IQ to do so.

 

[georgephillip]

OK, Ill bite.

Convince me Hank's a liberal.

{ Not surprisingly, Paulson is effusive in his praise of Federal Reserve Chairman Ben S. Bernanke and then-New York Fed President Timothy F. Geithner, who were his partners in most of the major decisions in formulating the government response. But the former Treasury secretary has more modulated views on other key lawmakers and government officials, with whom he worked to gain new powers and take steps to bail out financial firms.

Paulson had a strong relationship with Rep. Barney Frank (D-Mass.), chairman of the House Financial Services Committee, whom he called "a showman with a quick, impromptu wit. But he's also a pragmatic, disciplined, completely honorable politician." }

{Paulson, who hailed from Wall Street, never meshed well with Republicans on Capitol Hill, and this was particularly true of the top-ranking Republican on the Senate banking committee, Richard C. Shelby (Ala.). "He was a true conservative. I don't think he ever really trusted me, because I came from Wall Street and he hated the Bear Stearns rescue," he wrote. }

Henry Paulson's book offers a glimpse inside the economic crisis

"Paulson had his share of tensions with other regulators. Sheila C. Bair, chairman of the Federal Deposit Insurance Corp., exasperated him at times. Her job was to protect the FDIC's deposit insurance fund, and she raised concerns about Paulson's plans to bail out Citigroup.

"'Sometimes she said things that made my jaw drop,' Paulson wrote. 'That morning she had said she wasn't sure that Citi's failure would constitute a systemic risk." Paulson said he thought Bair 'was simply posturing.'"

Which one had the correct analysis regarding Citi?

Henry Paulson's book offers a glimpse inside the economic crisis

 

[georgephillip]

2008 is yet another Lib who thinks shrinking government will inhibit Goldman Sachs and Boeing.
I'm not sure he's living on the same planet with most of us.

dear, without crony capitalist liberal government to protect them the only way they can survive is to offer services that free individuals want to buy more than anything else in the entire world.

Do you have anything to sell that people want to buy more than anything else in the entire world? Try to invent something and you'll see how incredible and wonderful these companies are. Over time free people make good choices in buying because they know what's in their best interests better than anyone. That is how we got the stone age to here rather than regressed from the stone age backwards.

Now you've got the basics of economics down.

Is Hank Paulson a Crony, a Capitalist, or a liberal?

too stupid!! The subject was shrinking government, not Hank!! You try to change the subject as a typical liberal because you are too slow to understand the subject. PLease address the subject or admit you lack the IQ to do so.

Your subject was "crony capitalist liberal government" and its protection of corporations.
Are you confused about crony capitalist conservatives?
Maybe you should give up multi-tasking?

 

[Rshermr]

2008 is yet another Lib who thinks shrinking government will inhibit Goldman Sachs and Boeing.
I'm not sure he's living on the same planet with most of us.

dear, without crony capitalist liberal government to protect them the only way they can survive is to offer services that free individuals want to buy more than anything else in the entire world.

Do you have anything to sell that people want to buy more than anything else in the entire world? Try to invent something and you'll see how incredible and wonderful these companies are. Over time free people make good choices in buying because they know what's in their best interests better than anyone. That is how we got the stone age to here rather than regressed from the stone age backwards.

Now you've got the basics of economics down.

Is Hank Paulson a Crony, a Capitalist, or a liberal?

too stupid!! The subject was shrinking government, not Hank!! You try to change the subject as a typical liberal because you are too slow to understand the subject. PLease address the subject or admit you lack the IQ to do so.

Your subject was "crony capitalist liberal government" and its protection of corporations.
Are you confused about crony capitalist conservatives?
Maybe you should give up multi-tasking?

Ed just posts conservative beliefs. In his mind, he is a foot soldier for the corporatists whom he idolizes. But that is just in ed's head. In reality, they like everyone simply laugh at him.