Capitalism is NOT Democratic: Democracy is NOT Capitalist

[bripat9643]

Military rearmaments IS capitalism, Rube, along with money laundering, wage slavery, and financial fraud.

Wrong.

 

[Toddsterpatriot]

Why would anyone need to own property?

How's that working out for you?

 

[Toddsterpatriot]

What labor did you perform to earn your stock sales, Parasite?

I labored to buy my stock. Jealous?

 

[jc456]

What commitment to individual equality and social justice have you noticed in US capitalism, Milton? The US economy has been governed by neoliberal capitalism since Buckley v. Valeo

Equality can’t ever work, even the pilgrims learned that lesson!!! You’re just an idiot!

 

[jc456]

Why would anyone need to own property?

To survive? Again, even the pilgrims figured out your nonsense doesn’t work. Shows how stupid you are. You’ve had history to teach you and you haven’t figured out the flaw!

 

[georgephillip]

Ummmm....the borrowers lied about their income. Idiot.

Not even close, Trump.

Bill Black: Lenders’ Lies about Liar’s Loans and “Rigorous Underwriting” | naked capitalism

"The definition of liar’s loan is that the lender does not verify the borrower’s income (and more extreme liar’s loans do not verify the borrower’s job or assets).

"The CEO causes the lender to make liar’s loans for the purpose of inflating the borrower’s reported income, which makes it possible for the lender to make more and larger loans, which enriches the CEO."

 

[Toddsterpatriot]

Not even close, Trump.

Bill Black: Lenders’ Lies about Liar’s Loans and “Rigorous Underwriting” | naked capitalism

"The definition of liar’s loan is that the lender does not verify the borrower’s income (and more extreme liar’s loans do not verify the borrower’s job or assets).

"The CEO causes the lender to make liar’s loans for the purpose of inflating the borrower’s reported income, which makes it possible for the lender to make more and larger loans, which enriches the CEO."

"The definition of liar’s loan is that the lender does not verify the borrower’s income (and more extreme liar’s loans do not verify the borrower’s job or assets).

When they don't verify your income, you can lie about your income......like I said, idiot.

 

[georgephillip]

The lenders are the victims, dumbass. The banks lost money on those loans. They only made them so they could meet their government quotas.

The lenders failed to verity income and, in some cases, employment. It was a scam conceived to fatten CEO (and shareholder) compensation by privatizing (criminal) profits and socializing losses.

Bill Black: Lenders’ Lies about Liar’s Loans and “Rigorous Underwriting” | naked capitalism

"The definition of liar’s loan is that the lender does not verify the borrower’s income (and more extreme liar’s loans do not verify the borrower’s job or assets).
"The CEO causes the lender to make liar’s loans for the purpose of inflating the borrower’s reported income, which makes it possible for the lender to make more and larger loans, which enriches the CEO.

"The failure to verify the borrower’s income produces massive fraud and what economists call 'adverse selection.'

"As a result, at the time the loans are made, they represent in economic reality a loss. The loans have a “negative expected value” at the time they are made.

"This exemplifies the great truth that the WSJ cannot seem to comprehend – underwriting appears to the ignorant to be a cost center for a home lender, but it is actually an honest bank’s most important profit center."

 

[georgephillip]

Whoa, what's that smell? OMG, it really reeks. Sniff, sniff. OMG, it's you! Wow that stinks, you're just making yourshit up again. OMG it really smells.

The top 1% earn about 20% of the income and they pay almost 50% of the taxes. But hey, you have more data you just made up ...

Here's my link, Trump.

https://www.google.com/search?q=top...i22i29i30l2.8815j0j7&sourceid=chrome&ie=UTF-8

Where's yours?

 

[georgephillip]

And now you make up that Americans are poor! Sure we are, speed racer. How stupid are you? Seriously, how stupid?

Are you truly ignorant of current levels of debt among Americans, Asshole?
How many middle class jobs have been outsourced since 1980?
Maybe you should turn off your tv and read more?

 

[georgephillip]

And George the mega racist makes up more shit again. Racists always do

Tired of winning?

 

[Toddsterpatriot]

Here's my link, Trump.

https://www.google.com/search?q=top...i22i29i30l2.8815j0j7&sourceid=chrome&ie=UTF-8

Where's yours?

You think their effective tax rate refutes kaz's claim?

Damn, you're stupid.

 

[georgephillip]

You have said it countless times, douchebag. Socialism has never existed without capitalism to suck off of, or mass starvation.

Socialism is the next stage in human economic evolution.
Just as feudalism followed slavery and capitalism grew from feudalism, socialism will one day replace capitalism.

 

[georgephillip]

Since the inception of capitalism.

Capitalism has never existed without war and debt.

Imperialism, the Highest Stage of Capitalism

 

[georgephillip]

He was investigated for 2 1/2 years, and they found nothing. They couldn't find a single law he violated.

Because they didn't have his taxes and a lifelong Republican fixer did most of the "investigation."

 

[jc456]

Why would anyone need to own property?

Why are there countries?

 

[jc456]

Because they didn't have his taxes and a lifelong Republican fixer did most of the "investigation."

So Reagan was a Democrat ?

 

[georgephillip]

Trump provides opportunity, moron. He provides a lot more of it than the government, and he does it out of his own pocket.

Prove it.

 

[jc456]

Prove it.

Didn’t take a salary while in office

 

[georgephillip]

I wouldn't sacrifice for the greater good unless someone held a gun on me. In fact, the government holds a gun on me every time I pay taxes.

It's a shame the government hasn't pulled the trigger...yet.