Business: Two Very Different Views

[PoliticalChic]

"Under capitalism, the standard of living of all was improving: prices falling, incomes rising, health and sanitation improving, lengthening of life spans, diets becoming more varied, the new jobs created in industry paid more than most could make in agriculture, housing improved, and middle class industrialists and business owners displaced nobility and gentry as heroes." http://imprimis.hillsdale.edu/file/archives/pdf/2007_05_Imprimis.pdf


The Right sees it as a positive....the Left, a horror that must be expelled, extinguished, regulated out of existence.

No matter that it is the mechanism that lifts masses out of poverty and slavery.



1. "The Roaring Twenties was the period of sustained economic prosperity with a distinctive cultural edge in New York, Montreal, Chicago, Detroit, Paris, Berlin, London, Los Angeles, and many other major cities during the 1920s in the United States, Canada and Europe."
Roaring Twenties - Wikipedia, the free encyclopedia

a. ".... the unparalleled prosperity of the 1920s. The nation's economy reached astounding production, consumption, and stock market records, rendering the severe postwar recession a bad memory,..." "Age of Prosperity," America in the 1920s, Primary Sources for Teachers, America in Class, National Humanities Center



2. President Calvin Coolidge, Republican, commented on same:
“After all, the chief business of the American people is business. They are profoundly concerned with producing, buying, selling, investing and prospering in the world. I am strongly of the opinion that the great majority of people will always find these the moving impulses of our life.”

It’s hard to dispute the notion that most Americans are concerned about the economy and personal prosperity. And, Coolidge made it clear that he didn't simply mean “greed is good.”

“Of course, the accumulation of wealth cannot be justified as the chief end of existence,”he said. “But we are compelled to recognize it as a means to well-nigh every desirable achievement. So long as wealth is made the means and not the end, we need not greatly fear it....” This Day in Quotes: “The business of America is business” – a famously unfair misquote…





But...for Leftists.....Liberals/Progressives/Democrats/Socialists/Fascists.....profit is poison.

3. " Every Leftist is, essentially, a Marxist…even though most eschew the title since the fall of the Soviet Union. Even so, Left-wing ideas are predicated on Marx’s materialist view. Philosophically, the term implies that only material things are real.

The Left’s concept of materialism broadens into the overarching desire to see every individual materially equal. The Left is less interested in creating wealth than in distributing it, and has been far more interested in fighting material inequality than tyranny, which is why Lenin, Mao, Pol Pot, Ho Chi Minh, Castro, etc., tend to have the support of Leftists around the world.

End social and economic inequality and one will have Utopia! Sadly, attempts toward creation of utopia in this world lead to dystopia. Which leads to this comparison: conservatives marvel at how good America is, Leftists want to ‘transform’ it.
Prager, ”Still The Best Hope”



As proven by the current administration.......the Leftist view of business is a recipe for failure.

 

[Rshermr]

[/QUOTE] [/QUOTE]
So, PC, trying to be the chief conservative troll, states:
As proven by the current administration.......the Leftist view of business is a recipe for failure.

Right. It was so much better when the ue rate was over 10% and we had lost record amounts of GDP. And it is so bad now, when the ue rate has dropped to under 5%, and GDP is at it's highest level EVER. Makes on wonder how the head of a con troll works, or maybe simply why it does not work.

Just as the 1920's were the run-up to the Great Republican Depression of 1929, so the young bush presidency was the run-up and start of the Great Republican Recession of 2008. But Con Tools LOVE to see over 600,000 people unemployed every month. Because they hate labor. And they love the wealthy. And they do not know what socialism, or marxism, or communism is. Because, they are stupid. They simply copy and paste that which agrees with their agenda. And try to erase the history that shows the greatest recessions of the century were all created by republican regimes. Because they are dishonest. And because they ONLY care about the wealthy.

 

[defcon4]

[/QUOTE]
So, PC, trying to be the chief conservative troll, states:
As proven by the current administration.......the Leftist view of business is a recipe for failure.

Right. It was so much better when the ue rate was over 10% and we had lost record amounts of GDP. And it is so bad now, when the ue rate has dropped to under 5%, and GDP is at it's highest level EVER. Makes on wonder how the head of a con troll works, or maybe simply why it does not work.

Just as the 1920's were the run-up to the Great Republican Depression of 1929, so the young bush presidency was the run-up and start of the Great Republican Recession of 2008. But Con Tools LOVE to see over 600,000 people unemployed every month. Because they hate labor. And they love the wealthy. And they do not know what socialism, or marxism, or communism is. Because, they are stupid. They simply copy and paste that which agrees with their agenda. And try to erase the history that shows the greatest recessions of the century were all created by republican regimes. Because they are dishonest. And because they ONLY care about the wealthy.[/QUOTE]

 

[PoliticalChic]

[/QUOTE]
So, PC, trying to be the chief conservative troll, states:
As proven by the current administration.......the Leftist view of business is a recipe for failure.

Right. It was so much better when the ue rate was over 10% and we had lost record amounts of GDP. And it is so bad now, when the ue rate has dropped to under 5%, and GDP is at it's highest level EVER. Makes on wonder how the head of a con troll works, or maybe simply why it does not work.

Just as the 1920's were the run-up to the Great Republican Depression of 1929, so the young bush presidency was the run-up and start of the Great Republican Recession of 2008. But Con Tools LOVE to see over 600,000 people unemployed every month. Because they hate labor. And they love the wealthy. And they do not know what socialism, or marxism, or communism is. Because, they are stupid. They simply copy and paste that which agrees with their agenda. And try to erase the history that shows the greatest recessions of the century were all created by republican regimes. Because they are dishonest. And because they ONLY care about the wealthy.[/QUOTE]
[/QUOTE]
So, PC, trying to be the chief conservative troll, states:
As proven by the current administration.......the Leftist view of business is a recipe for failure.

Right. It was so much better when the ue rate was over 10% and we had lost record amounts of GDP. And it is so bad now, when the ue rate has dropped to under 5%, and GDP is at it's highest level EVER. Makes on wonder how the head of a con troll works, or maybe simply why it does not work.

Just as the 1920's were the run-up to the Great Republican Depression of 1929, so the young bush presidency was the run-up and start of the Great Republican Recession of 2008. But Con Tools LOVE to see over 600,000 people unemployed every month. Because they hate labor. And they love the wealthy. And they do not know what socialism, or marxism, or communism is. Because, they are stupid. They simply copy and paste that which agrees with their agenda. And try to erase the history that shows the greatest recessions of the century were all created by republican regimes. Because they are dishonest. And because they ONLY care about the wealthy.[/QUOTE]



"So, PC, trying to be the chief conservative troll, states:
As proven by the current administration.......the Leftist view of business is a recipe for failure.

Right. It was so much better when the ue rate was over 10% and we had lost record amounts of GDP. And it is so bad now, when the ue rate has dropped to under 5%, blah blah blah....."

1. If you are searching for an accurate appellation, you may use ' Conservative Princess"

2. As I posted...'As proven by the current administration.......the Leftist view of business is a recipe for failure.'

Here's proof:
Perhaps you should pick up a newspaper once in a while....


1. "...take-home pay for many American workers has effectively fallen since the economic recovery began in 2009, according to a new study by an advocacy group that is to be released on Thursday.
The declines were greatest for the lowest-paid workers in sectors where hiring has been strong — home health care, food preparation and retailing — even though wages were already below average to begin with in those service industries.
“Stagnant wages are a problem for everyone at this point, but the imbalance in the economy has become more pronounced since the recession,”..."http://www.nytimes.com/2015/09/03/b...rkers-see-biggest-drop-in-paychecks.html?_r=0


2. "....US hourly wages have not only not increased for the past 7 years, but for thevast majority of the labor force continue to decline,.... just the month of August will be enough to provide the Trump - and every other - campaign with enough soundbites and pivot points to last it for weeks on end: namely, that in August a whopping 698,000 native-born Americans lost their job. This drop was offset by 204,000 foreign-born Americans, who got a job in the month of August. .... since December 2007, according to the Household Survey, only 790,000 native born American jobs have been added. Contrast that with the 2.1 million foreign-born Americans who have found a job over the same time period..." 698K Native-Born Americans Lost Their Job In August: Why This Suddenly Is The Most Important Jobs Chart | Zero Hedge


3. October 2015: "Payrolls Disaster: Only 142K Jobs Added In September With Zero Wage Growth; August Revised Much Lower" Payrolls Disaster: Only 142K Jobs Added In September With Zero Wage Growth; August Revised Much Lower | Zero Hedge




4. "Obamacare health insurance co-ops surged past the $1 billion mark in losses this week, making history of sorts.The insolvencies, totaling $1.36 billion, mean that the co-ops have burned through more than half of the original $2 billion appropriated in 2010 for the program under the Affordable Care Act. The funds were loaned to the start-up co-ops in 2012 and were to be repaid in 15 years, according to the Centers for Medicare and Medicaid Services, which manages Obamacare.
...13 of the 23 federally-financed Obamacare co-ops have officially failed in only two years. Most are in the process of default as insurance regulators attempt to pay customer’s medical bills, cover medical providers and pay other creditors.
Obamacare Co-Op Mess Causes $1.3 Billion In Losses


5. "Obama Administration Announces 144 Big Regulations Right Before Thanksgiving
This is a new record, beating the previous high of 136 set by President Obama this spring."
Obama Administration Announces 144 Big Regulations Right Before Thanksgiving


6. "...ObamaCare experiment costing taxpayers $2.4 billionis failing. The co-ops were founded on the idealistic belief that community members could band together to create health insurance companies that would be member-driven, service-oriented, and would not have to answer to shareholders or turn a profit."
400,000 Citizens To Lose Health Insurance (Again) Because Of Obamacare Co-Op Failures



7. "The U.S. expanded at a 2.2% rate through the first nine months of the year, and the economy is projected to grow at a similar pace in the fourth quarter that ends on Dec. 31. If so, the economy will have failed to reach 3% growth for the 10th straight year, marking the slowest stretch since the end of World War II.
Historically the economy has expanded at a 3.3% rate." U.S. economy set to grow less than 3% for the 10th straight year


8. "Congress has now cleared the way for federal debt to pass $20 trillion by the end of the president’s second term. President Obama said the new budget deal will be paid for in a “balanced” and “responsible” way, but on the day the deal was signed, the federal debt jumped $339 billion—a third of a trillion dollars in one day."Societywatch


9. The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2015 is 0.8 percent on January 8, down from 1.0 percent on January 6. The forecast for the contribution of inventory investment to fourth-quarter real GDP growth declined 0.2 percentage points to -0.8 percentage points after this morning's wholesale trade report from the U.S. Census Bureau.GDPNow


10. "Retail Sales in U.S. Decrease to End Weakest Year Since 2009 Sales at U.S. retailers declined in December to wrap the weakest year since 2009, raising concern about the momentum in consumer spending heading into 2016. The 0.1 percent drop matched the median forecast of 84 economists surveyed by Bloomberg and followed a 0.4 percent gain in November, Commerce Department figures showed Friday in Washington. For all of 2015, purchases climbed 2.1 percent, the smallest advance of the current economic expansion." Retail Sales in U.S. Decrease to End Weakest Year Since 2009

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11. " The federal government heavily subsidizes higher education through a complex system of grants and loans. While the programs are great for colleges — they have enabled an astronomical increase in tuition — they contain few measures holding the institutions accountable to their students. As a result, only 59 percent of students graduate from four-year colleges and universities within six years. Those lucky enough to graduate face another hurdle: 44 percent of recent college graduates occupy jobs which do not require a college degree. Taken together, these numbers suggest that only one-third of college enrollees emerge from the system with both a degree and a relevant job." What "Free" College Can't Fix | Preston Cooper

12. Obama is the first President never to have had a year of 3% or better economic growth: "... annual growth during Obama’s “recovery” has never topped 3%. By comparison, it never fell below 3% during the Reagan recovery. And in the nine years following the 1990-91 recession, GDP grew faster than 3% in all but two. Heck, even Jimmy Carter had some strong growth years." President Obama’s Growth Gap Hits $1.31 Trillion

a. "The years since 2007 have been a macroeconomic disaster for the United States of a magnitude unprecedented since the Great Depression." Obama: Always Wrong, Never In Doubt

b. ".... first president since Hoover to never have a single year above 3% GDP growth." Obama economy is 'amazing,' says hedge fund billionaire



13. According to the 2016 Index of Economic Freedom, an annual publication by The Heritage Foundation, America’s economic freedom has tumbled. With losses of economic freedom in eight of the past nine years, the U.S. has tied its worst score ever, wiping out a decade of progress. Since early 2009:

· Government spending has exploded, amounting to $29,867 per household in 2015.

· The national debt has risen to $125,000 for every tax filing household in America—a total over $18 trillion.

· The government takeover of health care is raising prices and disrupting markets.

· Bailouts and new government regulations have increased uncertainty, stifling investment and job creation. America’s Economic Freedom Has Rapidly Declined Under Obama

14 "Despite the unemployment rate being at an eight-year low (4.9 percent as of January 2016), the number of people on food stamps remains near an all-time high which was 47,636,000 in 2013.

Why the disparity in the numbers? Well, the unemployment rate does not take into account people who are not in, or have dropped out of, the workforce altogether.

The Bureau of Labor Statistics reported in January of this year that approximately 94 million Americans are not participating in the workforce.

We now have a country based on government dependence." Food Stamp Users Near Record High Despite Low Unemployment Rate

15. "CHICAGO (Reuters) - Predominantly African-American neighborhoods in Chicago have seen poverty rise and services diminish even as the nation's third largest city has become less racially segregated,.... black areas are seeing economic stagnation or decline,.... mostly black areas have lost health clinics, social service agencies and other areas of support..." Exclusive: Poverty up, services diminished in Chicago's black neighborhoods - study


16. "Employers added more workers in February than projected but wages unexpectedly declined, dashing hopes that reduced slack in the labor market was starting to benefit all Americans..... Average hourly earnings dropped by 0.1 percent from the prior month, the first decline since December 2014 the Labor Department’s figures showed. Worker pay increased 2.2 percent over the 12 months ended in February, less than the 2.5 percent forecast in the Bloomberg survey. Wage growth has been hovering just above 2 percent year-over-year on average since the current expansion began in mid-2009." http://www.bloomberg.com/news/artic...s-surge-while-wages-drop-in-mixed-jobs-report

17. New Obama regulation will deprive middle class investors of access to financial information. "...the controversial pending Department of Labor regulation that would impose new restrictions on a vast swath of financial professionals... a newreport for the Competitive Enterprise Institute, similar restrictions in Great Britain have caused a “guidance gap” in which brokers have largely stopped serving customers with assets less than £150,000 ($240,000).... Such limits on financial discussion may seem to violate the First Amendment..." How Fiduciary Rule May Censor Financial Broadcasters Like Dave Ramsey

“this Obama rule will kill the Middle Class and below ability to access personal advice.”

18. "U.S. retail sales dropped in February and the prior month’s gain was revised to a decline, calling into question the narrative that bigger gains in consumer spending would propel economic growth at the start of 2016. The 0.1 percent decline in purchases followed a revised 0.4 percent January decrease, Commerce Department figures showed Tuesday.... “We’re seeing higher rents, higher healthcare expenses,.... Retail sales excluding autos fell 0.1 percent after a 0.4 percent decrease in January, according to Tuesday’s report." http://www.bloomberg.com/news/artic...s-fell-in-february-after-january-revised-down

19. "That basic math is why middle class incomes have been in decline under Obama. The Census Bureau reports that since Obama became President 7 years ago, real median household income has fallen by $1,300 a year. Heritage Foundation Chief Economist Steve Moore explained in testimony before the Ways and Means Committee, “At 2 percent growth the economy doesn’t spin off enough jobs to increase wages, and tax revenues grow much too slowly to balance the budget.”

The recession officially ended more than 6 years ago. Wages and incomes have always grown in recoveries, not declined. Moreover, the American historical record is the deeper the recession, the stronger the recovery. The economy is supposed to boom in a recovery to catch up with its long term economic growth trendline. But over 6 years after the recession ended, that still has not happened. Instead, what we have gotten under President Obama is the worst recovery from a recession since the Great Depression." http://limittaxes.org/2016/02/realizing-the-super-bowl-of-american-economic-growth/

20. "8 More Obamacare Co-ops Will Probably Shut Down

12 of the 23 taxpayer funded non-profit co-ops created under the Affordable Care Act were shuttered, and the largest of them is under investigation.

Records obtained by Richard Pollack of the Daily Caller indicate another 8 co-ops might be on their way out this year:
'...there’s not a turnaround in sight. The same problems that plagued them before are continuing,”
8 More Obamacare Co-ops Will Probably Shut Down

21. the United States had lost its once-enormous global lead in middle-class pay, based on international income surveys over the last three decades. After-tax median income in Canada appears to have been higher last year than the same measure in this country. The poor in Canada and much of western Europe earn more than the poor here. http://www.nytimes.com/2014/04/29/u...dgety-boys-and-a-sputtering-economy.html?_r=0

22. Middle aged people laid off and unable to find work are taking another way out. They're killing themselves. Suicide rates are soaring, according to federal data released last week. Especially in economically depressed states and job-starved upstate New York. People in need of work are twice as likely to take their own lives as employed people, and people fired in their forties and fifties find it hardest to get hired again.

That makes boosting economic growth a life- and- death issue. But you wouldn't know it listening to Barack Obama and Hillary Clinton. President Obama whitewashes reality, claiming the "American economy is pretty darn good right now."

http://www.nysun.com/editorials/soaring-suicides-emerge/89558/


23. "U.S. Economy Expands to 0.5% Pace, Weakest in Two Years
The U.S. economy expanded in the first quarter at the slowest pace in two years ....Gross domestic product rose at a 0.5 percent annualized rate after a 1.4 percent fourth-quarter advance, Commerce Department data showed Thursday. The increase was less than the 0.7 percent median projection in a Bloomberg survey and marked the third straight disappointing start to a year." http://www.bloomberg.com/news/artic...in-first-quarter-at-slowest-pace-in-two-years

24. "Nearly one in six young men (between the ages of 18-34) in the U.S. were either jobless or incarcerated in 2014, according to a new government report. It details a striking amount of male alienation that has been on the rise since the 1980s.
According to the Congressional Budget Office (CBO), out of the 38 million young men in the U.S. in 2014, 16 percent were jobless (5 million or 13 percent) or incarcerated (1 million or 3 percent). The share of young men without a job or in prison has increased substantially since 1980, when just 11 percent of young men fit into either category." http://www.breitbart.com/big-govern...early-1-6-young-men-u-s-jobless-incarcerated/

25. "Stocks fall as inflation hits 3-year high
...consumers prices at the consumer level for items ranging from toilet tissue to gasoline rose 0.4% last month, slightly above the 0.3% estimate but its strongest monthly gain in more than three years." http://www.usatoday.com/story/money/markets/2016/05/17/stocks-dow-tuesday/84481164/

26. "WASHINGTON (Reuters) - The U.S. economy created the fewest number of jobs in more than five years in May as employment in the manufacturing and construction sectors fell sharply, suggesting a deterioration in the labor market ...Nonfarm payrolls increased by only 38,000 jobs last month, the smallest gain since September 2010, the Labor Department said on Friday. Underscoring the report's weakness, employers hired 59,000 fewer workers in March and April than previously reported. While the unemployment rate fell three-tenths of a percentage point to 4.7 percent in May, the lowest since November 2007, that was in part due to people dropping out of the labor force." https://ca.news.yahoo.com/u-job-gains-may-likely-dented-verizon-strike-043534655--business.html


27. "Then came the jobs numbers. Employers added 38,000 jobs in May, the weakest performance since September 2010. Revisions to previous payroll data showed employers added a combined 59,000 fewer jobs in April and March than previously reported. That brought average monthly job growth in the past three months to 116,000, a sharp slowdown from the average growth of 219,000 over the prior 12 months.

One economist dubbed it “an unqualified dud.”

by Erik Holm"
Recap: Janet Yellen on Economy, Monetary Policy




"OBAMA: Anyone claiming that America's economy is in decline is peddling fiction.” http://www.realclearpolitics.com/vi...conomy_is_in_decline_is_peddling_fiction.html


OMG!!!!

You probably imagine that ObamaCare is still a great idea, too.....



Just one more failure by this tin-pot dictator, the titular head of the LGBT movement, to impose policies that will injure the American people.

Look around....and remember those who put this man in office.

 

[Wyatt earp]

So, PC, trying to be the chief conservative troll, states:
As proven by the current administration.......the Leftist view of business is a recipe for failure.

Right. It was so much better when the ue rate was over 10% and we had lost record amounts of GDP. And it is so bad now, when the ue rate has dropped to under 5%, and GDP is at it's highest level EVER. Makes on wonder how the head of a con troll works, or maybe simply why it does not work.

Just as the 1920's were the run-up to the Great Republican Depression of 1929, so the young bush presidency was the run-up and start of the Great Republican Recession of 2008. But Con Tools LOVE to see over 600,000 people unemployed every month. Because they hate labor. And they love the wealthy. And they do not know what socialism, or marxism, or communism is. Because, they are stupid. They simply copy and paste that which agrees with their agenda. And try to erase the history that shows the greatest recessions of the century were all created by republican regimes. Because they are dishonest. And because they ONLY care about the wealthy.

Yea don't keep on reminding us, You don't know crap about history, economics, bussiness along with knowing how to quote people.

 

[DGS49]

Fortunately or not, it is generally true that most Leftists have rarely (or never) had the experience of actually working for a private for-profit company. When they have, it was only briefly as a burger-flipper (or equivalent), before they were able to find their permanent lifetime sinecure sucking directly or indirectly from the Government's capacious teats.

Hence, it is not surprising that they have no clue why any "capitalist" venture is successful or otherwise, and they simply cannot understand why they (business owners) are so danged obsessed with making a profit(!). For example, they grow positively apoplectic when business owners hint that a major increase in the Minimum Wage will eat away at their profit. HOW DARE THEM! TRYING TO PROTECT THEIR PROFITS! Greedy bastards. The possible loss of jobs or the failure of the business is completely outside their comprehension. (HRC: "We can't be responsible for the failure of every under-capitalized pizza joint")

The current Leftist fixation with "inequality" is the best - almost humorous - example of their cluelessness. The very concept of evil "inequality" is that there are some people who have too little income or money (not really in dispute).but there are also some people who have TOO MUCH INCOME or WEALTH!

And keep in mind, there is no claim there that The Rich have done anything illegal to acquire their wealth(there are laws to prevent that), but merely that they have TOO MUCH(!).

Because to a Lefty, the very fact that someone has too much is de facto proof that they have taken something from someone else who deserved it more.

 

[PoliticalChic]

4. Would a President who won the "Lie of the Year" award set his reporting agencies up to lying to hide how badly he is running the economy?

You betcha'...


5. "...in 2012 a whistleblower told the Census Bureau about a massive fraud coming out of its Philadelphia region.

One of the guys who was supposed to be going door-to-door surveying people in the Washington, DC, area about their employment situation was faking the responses.

As it turned out, that guy — Julius Buckmon — was falsifying loads of responses. In fact, the number was said to be more than 100 a month for the Current Population Survey (CPS), which is turned into the nation’s unemployment rate.... Buckmon’s actions were enough to move the unemployment rate nationwide, experts said.

The word is that Buckmon had been doing this for at least five years before he was caught and that his actions were known to some insiders. How high up this scandal went, even Buckmon didn’t know.

Buckmon, whom I interviewed before he went into hiding, said higher-ups encouraged him to cheat." http://nypost.com/2015/08/17/department-of-labor-needs-to-own-up-to-fake-unemployment-numbers/





6. " The Department’s Bureau of Labor Statistics (BLS) reported on October 5, 2012 that the nation’s unemployment rate suddenly dropped sharply over the prior month, from 8.1% to 7.8%. ....

.... totally unbelievable at the time, and I and others said so then. In my Forbes column the very next week, “President Obama’s Unemployment Still Stuck at 14.7%,” I noted how inconsistent the supposed unemployment drop was with other contemporaneous economic data.

.... the working age population had grown by 206,000 in September, 2012. With normal labor force participation during a recovery from a steep recession, that would have required 138,000 new jobs that month, just to keep pace with population growth, let alone to reduce the unemployment rate.

Moreover, the BLS also reported for September, 2012 that the number of full-time jobs declined by 216,000 in that month. " Did The BLS Give Obama A Major Election 2012 Gift?

 

[PoliticalChic]

Fortunately or not, it is generally true that most Leftists have rarely (or never) had the experience of actually working for a private for-profit company. When they have, it was only briefly as a burger-flipper (or equivalent), before they were able to find their permanent lifetime sinecure sucking directly or indirectly from the Government's capacious teats.

Hence, it is not surprising that they have no clue why any "capitalist" venture is successful or otherwise, and they simply cannot understand why they (business owners) are so danged obsessed with making a profit(!). For example, they grow positively apoplectic when business owners hint that a major increase in the Minimum Wage will eat away at their profit. HOW DARE THEM! TRYING TO PROTECT THEIR PROFITS! Greedy bastards. The possible loss of jobs or the failure of the business is completely outside their comprehension. (HRC: "We can't be responsible for the failure of every under-capitalized pizza joint")

The current Leftist fixation with "inequality" is the best - almost humorous - example of their cluelessness. The very concept of evil "inequality" is that there are some people who have too little income or money (not really in dispute).but there are also some people who have TOO MUCH INCOME or WEALTH!

And keep in mind, there is no claim there that The Rich have done anything illegal to acquire their wealth(there are laws to prevent that), but merely that they have TOO MUCH(!).

Because to a Lefty, the very fact that someone has too much is de facto proof that they have taken something from someone else who deserved it more.

"Leftists have rarely (or never) had the experience of actually working for a private for-profit company.":


So true.

1. "In 1988, I invested most of the earnings from this lecture circuit acquiring the leasehold on Connecticut’s Stratford Inn. … In retrospect, I wish I had known more about the hazards and difficulties of such a business, especially during a recession of the kind that hit New England just as I was acquiring the inn’s 43-year leasehold. I also wish that during the years I was in public office, I had had this firsthand experience about the difficulties business people face every day. That knowledge would have made me a better U.S. senator and a more understanding presidential contender."
George McGovern How To Create Jobs, By George McGovern





2. Joe Biden: ‘I’ve Never Been Gainfully Employed In My Life’Joe Biden: ‘I’ve Never Been Gainfully Employed In My Life’ - Breitbart
http://api.addthis.com/oexchange/0....’ve+Never+Been+Gainfully+Employed+In+My+Life’

 

[PoliticalChic]

7. The version of 'business' in which Liberals/Progressives engage is phony version called 'crony capitalism.'


The Democrats have honed this scam to a razor sharp point:

a. they steal funds coerced from taxpayers....that's right, not willingly given...

b. they euphemistically 'invest' in their contributor's endeavors

c. the recipients donate part right back to the politicians who provided the baksheesh. Some call it a kick-back scheme.


a. "Report: Taxpayer loss due to Solyndra may be as high as $849 million The cost to taxpayers for the failure of solar panel company Solyndra may be much higher than the $535 million dollar federal loan guarantee the company received. After the company went bankrupt in last August, 2011, the Energy Department, which had given the original loan, okayed an unprecedented deal to attract more private investment to Solyndra. One result of this deal is that it has allowed more than $350 million in tax write-offs to pass to those private creditors, one of which is owned by a major donor to President Obama. " Report: Taxpayer loss due to Solyndra may be as high as $849 million

b. “President Obama's attorney sent a letter to Congressional investigators on Friday, saying the White House would not cooperate with a subpoena requesting documents related to its doling out a $535 million loan guarantee to now bankrupt solar panel manufacturer Solyndra.” Pollware - Custom Polling for Websites


The joke? This lying crook was sold to the voting public by the Liberal elites as 'God,' and 'Jesus', and 'the messiah.'

 

[Rshermr]

Fortunately or not, it is generally true that most Leftists have rarely (or never) had the experience of actually working for a private for-profit company. When they have, it was only briefly as a burger-flipper (or equivalent), before they were able to find their permanent lifetime sinecure sucking directly or indirectly from the Government's capacious teats.

Hence, it is not surprising that they have no clue why any "capitalist" venture is successful or otherwise, and they simply cannot understand why they (business owners) are so danged obsessed with making a profit(!). For example, they grow positively apoplectic when business owners hint that a major increase in the Minimum Wage will eat away at their profit. HOW DARE THEM! TRYING TO PROTECT THEIR PROFITS! Greedy bastards. The possible loss of jobs or the failure of the business is completely outside their comprehension. (HRC: "We can't be responsible for the failure of every under-capitalized pizza joint")

The current Leftist fixation with "inequality" is the best - almost humorous - example of their cluelessness. The very concept of evil "inequality" is that there are some people who have too little income or money (not really in dispute).but there are also some people who have TOO MUCH INCOME or WEALTH!

And keep in mind, there is no claim there that The Rich have done anything illegal to acquire their wealth(there are laws to prevent that), but merely that they have TOO MUCH(!).

Because to a Lefty, the very fact that someone has too much is de facto proof that they have taken something from someone else who deserved it more.

"Leftists have rarely (or never) had the experience of actually working for a private for-profit company.":


So true.

1. "In 1988, I invested most of the earnings from this lecture circuit acquiring the leasehold on Connecticut’s Stratford Inn. … In retrospect, I wish I had known more about the hazards and difficulties of such a business, especially during a recession of the kind that hit New England just as I was acquiring the inn’s 43-year leasehold. I also wish that during the years I was in public office, I had had this firsthand experience about the difficulties business people face every day. That knowledge would have made me a better U.S. senator and a more understanding presidential contender."
George McGovern How To Create Jobs, By George McGovern





2. Joe Biden: ‘I’ve Never Been Gainfully Employed In My Life’Joe Biden: ‘I’ve Never Been Gainfully Employed In My Life’ - Breitbart

Wow. Look at all the Conservative Talking Points the conservative bitch gets free of charge to cut and paste for the far, far, far right. What a tool
.

 

[PoliticalChic]

7. The version of 'business' in which Liberals/Progressives engage is phony version called 'crony capitalism.'


The Democrats have honed this scam to a razor sharp point:

a. they steal funds coerced from taxpayers....that's right, not willingly given...

b. they euphemistically 'invest' in their contributor's endeavors

c. the recipients donate part right back to the politicians who provided the baksheesh. Some call it a kick-back scheme.


a. "Report: Taxpayer loss due to Solyndra may be as high as $849 million The cost to taxpayers for the failure of solar panel company Solyndra may be much higher than the $535 million dollar federal loan guarantee the company received. After the company went bankrupt in last August, 2011, the Energy Department, which had given the original loan, okayed an unprecedented deal to attract more private investment to Solyndra. One result of this deal is that it has allowed more than $350 million in tax write-offs to pass to those private creditors, one of which is owned by a major donor to President Obama. " Report: Taxpayer loss due to Solyndra may be as high as $849 million

b. “President Obama's attorney sent a letter to Congressional investigators on Friday, saying the White House would not cooperate with a subpoena requesting documents related to its doling out a $535 million loan guarantee to now bankrupt solar panel manufacturer Solyndra.” Pollware - Custom Polling for Websites


The joke? This lying crook was sold to the voting public by the Liberal elites as 'God,' and 'Jesus', and 'the messiah.'

Wow. Look at all the Conservative Talking Points the conservative bitch gets free of charge to cut and paste for the far, far, far right. What a tool

Ripped one who is one a new one.

That was fun.

 

[PoliticalChic]

Just a bit more on the Solyndra scandal.....the support for this corrupt President by the leftist media claimed that the Solyndra deal actually made money....

..and this post will show that that, too, is a lie.


8. "Remember Solyndra? Those loans are making money
... bankrupt in 2011 after borrowing $528 million... the loans and guarantees will earn at least $5 billion over 20 years or so, according to a Bloomberg article citing a single anonymous source." Remember Solyndra? Those loans are making money


9. "The Energy Department’s green energy loan program is expected to lose money, despite media reports that such loans would net the government a profit.

The Government Accountability Office says the DOE’s oft-touted $28 billion loan program will cost taxpayers $2.21 billion over the lifetime of the loans. Not only that, the costs to taxpayers for green loans has risen about $500 million as “the result of loan guarantee defaults” from companies like Solyndra and Abound Solar.

“The fees DOE has collected have not been sufficient to cover all of its administrative expenses for the program” ...

This stands in sharp contrast to media reports from last year suggesting the DOE”s green loan program would net taxpayers $5 billion. Last year, the Washington Post’s Wonkblog ran with the headline, “Remember Solyndra? Those loans are making money.” The liberal news watchdog Media Matters exclaimed that “Solyndra Scandal-Mongering Hasn’t Stopped The Energy Dept’s Loan Program From Turning A Profit.”

....“report did not include the interest that DOE pays the government to finance its lending, the information on expected interest earnings has been misinterpreted in several press accounts as projecting $5 billion in profits for the DOE loan programs.”
“But when we account for Treasury borrowing costs, taxpayers are actually well behind,” Marron wrote last year, debunking claims the DOE was making a profit on its loans.
GAO: DOE’s Green Energy Loans Won’t Make A Profit



And that is the 'business' of lying politicians and lying journalists.....Leftists all.

 

[Rshermr]

7. The version of 'business' in which Liberals/Progressives engage is phony version called 'crony capitalism.'


The Democrats have honed this scam to a razor sharp point:

a. they steal funds coerced from taxpayers....that's right, not willingly given...

b. they euphemistically 'invest' in their contributor's endeavors

c. the recipients donate part right back to the politicians who provided the baksheesh. Some call it a kick-back scheme.


a. "Report: Taxpayer loss due to Solyndra may be as high as $849 million The cost to taxpayers for the failure of solar panel company Solyndra may be much higher than the $535 million dollar federal loan guarantee the company received. After the company went bankrupt in last August, 2011, the Energy Department, which had given the original loan, okayed an unprecedented deal to attract more private investment to Solyndra. One result of this deal is that it has allowed more than $350 million in tax write-offs to pass to those private creditors, one of which is owned by a major donor to President Obama. " Report: Taxpayer loss due to Solyndra may be as high as $849 million

b. “President Obama's attorney sent a letter to Congressional investigators on Friday, saying the White House would not cooperate with a subpoena requesting documents related to its doling out a $535 million loan guarantee to now bankrupt solar panel manufacturer Solyndra.” Pollware - Custom Polling for Websites


The joke? This lying crook was sold to the voting public by the Liberal elites as 'God,' and 'Jesus', and 'the messiah.'

Wow. Look at all the Conservative Talking Points the conservative bitch gets free of charge to cut and paste for the far, far, far right. What a tool

Ripped one who is one a new one.

That was fun.

I have to admit, you have a high opinion of yourself. Pretty delusional for a mere conservative bitch.

 

[EdwardBaiamonte]

the greatest recessions of the century were all created by republican regimes.

1929 was created by lib Fed according to Friedman and Bernanke.

Do you have an honest bone in your communist body?

Recent liberal housing bubble was caused, again, by Fed which printed money so millions could buy and bid up prices of homes purchased with mortgages guaranteed by lib Fan/Fred .

Do you have an honest bone in your body??

 

[Rshermr]

Just a bit more on the Solyndra scandal.....the support for this corrupt President by the leftist media claimed that the Solyndra deal actually made money....

..and this post will show that that, too, is a lie.


8. "Remember Solyndra? Those loans are making money
... bankrupt in 2011 after borrowing $528 million... the loans and guarantees will earn at least $5 billion over 20 years or so, according to a Bloomberg article citing a single anonymous source." Remember Solyndra? Those loans are making money


9. "The Energy Department’s green energy loan program is expected to lose money, despite media reports that such loans would net the government a profit.

The Government Accountability Office says the DOE’s oft-touted $28 billion loan program will cost taxpayers $2.21 billion over the lifetime of the loans. Not only that, the costs to taxpayers for green loans has risen about $500 million as “the result of loan guarantee defaults” from companies like Solyndra and Abound Solar.

“The fees DOE has collected have not been sufficient to cover all of its administrative expenses for the program” ...

This stands in sharp contrast to media reports from last year suggesting the DOE”s green loan program would net taxpayers $5 billion. Last year, the Washington Post’s Wonkblog ran with the headline, “Remember Solyndra? Those loans are making money.” The liberal news watchdog Media Matters exclaimed that “Solyndra Scandal-Mongering Hasn’t Stopped The Energy Dept’s Loan Program From Turning A Profit.”

....“report did not include the interest that DOE pays the government to finance its lending, the information on expected interest earnings has been misinterpreted in several press accounts as projecting $5 billion in profits for the DOE loan programs.”
“But when we account for Treasury borrowing costs, taxpayers are actually well behind,” Marron wrote last year, debunking claims the DOE was making a profit on its loans.
GAO: DOE’s Green Energy Loans Won’t Make A Profit



And that is the 'business' of lying politicians and lying journalists.....Leftists all.

NO, ALL THAT SMALL POTATOES WERE TOTALLY OVERSHADOWED BY THE GREAT REPUBLICAN RECESSION, WHICH THE REPUBLICANS PRODUCED NO BILLS TO HELP UNDUE THEIR DAMAGE. YOU KNOW, THE GREAT REPUBLICAN RECESSION OF 2008 THAT YOU HAVE BEEN TRYING TO BLAME ON DEMOCRATS, ME BITCH.

 

[PoliticalChic]

Just a bit more on the Solyndra scandal.....the support for this corrupt President by the leftist media claimed that the Solyndra deal actually made money....

..and this post will show that that, too, is a lie.


8. "Remember Solyndra? Those loans are making money
... bankrupt in 2011 after borrowing $528 million... the loans and guarantees will earn at least $5 billion over 20 years or so, according to a Bloomberg article citing a single anonymous source." Remember Solyndra? Those loans are making money


9. "The Energy Department’s green energy loan program is expected to lose money, despite media reports that such loans would net the government a profit.

The Government Accountability Office says the DOE’s oft-touted $28 billion loan program will cost taxpayers $2.21 billion over the lifetime of the loans. Not only that, the costs to taxpayers for green loans has risen about $500 million as “the result of loan guarantee defaults” from companies like Solyndra and Abound Solar.

“The fees DOE has collected have not been sufficient to cover all of its administrative expenses for the program” ...

This stands in sharp contrast to media reports from last year suggesting the DOE”s green loan program would net taxpayers $5 billion. Last year, the Washington Post’s Wonkblog ran with the headline, “Remember Solyndra? Those loans are making money.” The liberal news watchdog Media Matters exclaimed that “Solyndra Scandal-Mongering Hasn’t Stopped The Energy Dept’s Loan Program From Turning A Profit.”

....“report did not include the interest that DOE pays the government to finance its lending, the information on expected interest earnings has been misinterpreted in several press accounts as projecting $5 billion in profits for the DOE loan programs.”
“But when we account for Treasury borrowing costs, taxpayers are actually well behind,” Marron wrote last year, debunking claims the DOE was making a profit on its loans.
GAO: DOE’s Green Energy Loans Won’t Make A Profit



And that is the 'business' of lying politicians and lying journalists.....Leftists all.

NO, ALL THAT SMALL POTATOES WERE TOTALLY OVERSHADOWED BY THE GREAT REPUBLICAN RECESSION, WHICH THE REPUBLICANS PRODUCED NO BILLS TO HELP UNDUE THEIR DAMAGE. YOU KNOW, THE GREAT REPUBLICAN RECESSION OF 2008 THAT YOU HAVE BEEN TRYING TO BLAME ON DEMOCRATS, ME BITCH.

Wise up, worm.

There was no 'Republican Recession.'

There was the Mortgage Meltdown, due entirely to Democrat Liberal policies.

1. Democrat FDR shredded the Constitution....ignoring article I, section 8, the enumerated powers.

He created GSE's Fannie and Freddie to do something the Constitution didn't authorize: meddle in housing.


2. Democrat Carter....the CRA, constraining banking policy


3. Democrat Clinton....strengthened the CRA

Under Clinton, HUD threatened banks, again, to give unrequited loans.

Henchmen: Democrats Cisneros and Cuomo.


4. Democrats Frank and Dodd barred any governmental discipline in this area.



That's the CliffNotes version.

I don't believe you can handle the details.


Would you like proof that this was due to Democrat Liberal housing policy?

Sure: if Democrats had not invaded the private housing market, created Fannie and Freddie......would there have been a mortgage meltdown?


Of course not.

 

[Rshermr]

Just a bit more on the Solyndra scandal.....the support for this corrupt President by the leftist media claimed that the Solyndra deal actually made money....

..and this post will show that that, too, is a lie.


8. "Remember Solyndra? Those loans are making money
... bankrupt in 2011 after borrowing $528 million... the loans and guarantees will earn at least $5 billion over 20 years or so, according to a Bloomberg article citing a single anonymous source." Remember Solyndra? Those loans are making money


9. "The Energy Department’s green energy loan program is expected to lose money, despite media reports that such loans would net the government a profit.

The Government Accountability Office says the DOE’s oft-touted $28 billion loan program will cost taxpayers $2.21 billion over the lifetime of the loans. Not only that, the costs to taxpayers for green loans has risen about $500 million as “the result of loan guarantee defaults” from companies like Solyndra and Abound Solar.

“The fees DOE has collected have not been sufficient to cover all of its administrative expenses for the program” ...

This stands in sharp contrast to media reports from last year suggesting the DOE”s green loan program would net taxpayers $5 billion. Last year, the Washington Post’s Wonkblog ran with the headline, “Remember Solyndra? Those loans are making money.” The liberal news watchdog Media Matters exclaimed that “Solyndra Scandal-Mongering Hasn’t Stopped The Energy Dept’s Loan Program From Turning A Profit.”

....“report did not include the interest that DOE pays the government to finance its lending, the information on expected interest earnings has been misinterpreted in several press accounts as projecting $5 billion in profits for the DOE loan programs.”
“But when we account for Treasury borrowing costs, taxpayers are actually well behind,” Marron wrote last year, debunking claims the DOE was making a profit on its loans.
GAO: DOE’s Green Energy Loans Won’t Make A Profit



And that is the 'business' of lying politicians and lying journalists.....Leftists all.

NO, ALL THAT SMALL POTATOES WERE TOTALLY OVERSHADOWED BY THE GREAT REPUBLICAN RECESSION, WHICH THE REPUBLICANS PRODUCED NO BILLS TO HELP UNDUE THEIR DAMAGE. YOU KNOW, THE GREAT REPUBLICAN RECESSION OF 2008 THAT YOU HAVE BEEN TRYING TO BLAME ON DEMOCRATS, ME BITCH.

Wise up, worm.

There was no 'Republican Recession.'

There was the Mortgage Meltdown, due entirely to Democrat Liberal policies.

1. Democrat FDR shredded the Constitution....ignoring article I, section 8, the enumerated powers.

He created GSE's Fannie and Freddie to do something the Constitution didn't authorize: meddle in housing.


2. Democrat Carter....the CRA, constraining banking policy


3. Democrat Clinton....strengthened the CRA

Under Clinton, HUD threatened banks, again, to give unrequited loans.

Henchmen: Democrats Cisneros and Cuomo.


4. Democrats Frank and Dodd barred any governmental discipline in this area.



That's the CliffNotes version.

I don't believe you can handle the details.


Would you like proof that this was due to Democrat Liberal housing policy?

Sure: if Democrats had not invaded the private housing market, created Fannie and Freddie......would there have been a mortgage meltdown?


Of course not.

Yup, got it. According to you, things that happen under republican presidents are the fault of democrats. Things that happen under democratic presidents are the fault of democrats. In fact, in your feeble little mind, everything is the fault of democrats.
But that is because you are a conservative troll, and therefor STUPID. Here, read and learn:
5 Scientific Studies That Prove Republicans Are Plain Stupid
5 Scientific, Peer-Reviewed Studies That Prove Republicans Are Just Stupid

If you need more scientific studies, I can provide you with many more such links. Dipshit.