Dissecting John Stossel's Anti-Communist Lies

[Indeependent]

You mean like at pretty much most parts of the past?

View attachment 724018

In terms of wealth distribution, we are pretty much living in a golden age compared to any era in the past.

You can't get much more poor than a Neolithic slave. Everything has been pretty much uphill since then.

Excepr for the fact that Blackrock is approving 1M mortgages based on Unrealized Gain.
When the next crash occurs, they own everything.

 

[Red Front]

You mean like at pretty much most parts of the past?

View attachment 724018

In terms of wealth distribution, we are pretty much living in a golden age compared to any era in the past.

You can't get much more poor than a Neolithic slave. Everything has been pretty much uphill since then.

That depends where you live today. In some parts of the world people are living in worse conditions than our ancestors did under slavery or feudalism. Neo-liberal economics, Western imperialism, along with economic sanctions and war, has reduced people to begging for food and even selling their children.

​

 

[fncceo]

Excepr for the fact that Blackrock is approving 1M mortgages based on Unrealized Gain.
When the next crash occurs, they own everything.

Fill in this quote: "A _____ and his _____ are soon parted"

This has always been true.

As for unrealized gain, that is the basis of pretty much all market capitalization. The value of Google (and that capitalization upon which it can use as collateral) isn't what people pay Google every year. It's based on the value of outstanding stock, intellectual property, and predicted earnings per share --- all of which remain unrealized gain until those assets are sold or EPS is paid out.

 

[BackAgain]

It's not how you start the race, it's how you finish it that matters. It took centuries for capitalism to replace chattel slavery and feudalism, and it will take time for socialism and then communism to replace capitalism. It's just a matter of time.

You’re finished.

Edit:

In case of ANY bullshit “report” on my prior post, let it be hereby known and achmowledged that I meant that he’s “finished” in only two ways:

1. He has no credibility anymore.

And, 2. He’s not worth any of my time so I’m putting him on “ignore.”

 

[fncceo]

In some parts of the world people are living in worse conditions than our ancestors did under slavery or feudalism.

Give an example of where Afghani peasants today are living worse conditions than Afghani peasants of 30, 300, or 3,000 years ago and how the worsening of those conditions is caused by Capitalism.

 

[Red Front]

Fill in this quote: "A _____ and his _____ are soon parted"

This has always been true.

As for unrealized gain, that is the basis of pretty much all market capitalization. The value of Google (and that capitalization upon which it can use as collateral) isn't what people pay Google every year. It's based on the value of outstanding stock, intellectual property, and predicted earnings per share --- all of which remain unrealized gain until those assets are sold or EPS is paid out.

It doesn't have to remain that way. We've already made some positive changes, if not everywhere at least in some places. We can continue improving ourselves.

 

[BothWings]

Clearly you can't stupid is what you see in the Mirror

No I am not

I am correct you on the other hand are massively ignorant

Oh, now you are progressing into pure delusion! You need help.

 

[Indeependent]

Fill in this quote: "A _____ and his _____ are soon parted"

This has always been true.

As for unrealized gain, that is the basis of pretty much all market capitalization. The value of Google (and that capitalization upon which it can use as collateral) isn't what people pay Google every year. It's based on the value of outstanding stock, intellectual property, and predicted earnings per share --- all of which remain unrealized gain until those assets are sold or EPS is paid out.

Which caused the 2008 crash.
Everything works until it doesn't work.
The Lenders will be bailed out, not the Borrowers.

 

[fncceo]

It doesn't have to remain that way.

Actually, it does. As long as there are stupid people, there will be people stupidly throwing away what little money that have.

The MMM Cooperative was one of the largest investment scams in history and it took place under Soviet-era Communism.

 

[Toddsterpatriot]

Russia isn't communist anymore, although it will become that within the next few decades.

In 1938 Soviet Russia had the largest steel industry and its agriculture was the most mechanized in the world. So you obviously don't know what you're talking about. Soviet Russia unlike the US and other Western countries that were going through a deep depression in the 1930s, was doing well by 1934. Through Stalin's five-year plans, Russia was becoming one of the most industrialized nations on Earth, rivaling the US and other Western powers. Again, you're ignoring the facts.

The Russo-Ukrainians aren't just ethnically Russian, they're also Ukrainian and shouldn't be forced to leave their homes and their lands just because Western Ukrainians want them to. You're defending Western Ukrainian bigotry and terrorism against Russo-Ukrainians. You support the 2014 coup and its ultra-nationalist, neo-nazi sympathizing regime while pretending to be a defender of freedom and human rights.

As far as the wall, again, it had several functions during the cold war, and one of them was to stop scientists, engineers, and those who received a good education in East Germany and the USSR, from leaving to the capitalist West. Yes, that's true. Most scientists and engineers didn't defect, even when they had the opportunity to do so. The same can be said for athletes who competed in international sports, in different competitions including the Olympics. Most Soviet athletes didn't defect but a few did. Due to the unique circumstances of the cold war, of the conflict between the USSR and the US, there were restrictions for Soviet citizens when it came to traveling to the West.

Read this:

Emigration from the Eastern Bloc - Wikipedia

en.wikipedia.org

There are restrictions for Americans to travel to Cuba and other countries as well.

As far as trade, aren't you a defender and champion of free trade? Why should the US government stop American private companies from trading with socialist countries? More, American sanctions don't just stop Americans from trading with socialist countries but the whole world. Any country that decides to establish friendly relations with a communist country, a nation that the US has sanctioned, can't trade with the US and can have sanctions imposed upon it as well. It will be ostracized from the international community, economically and otherwise.

Right now if a merchant ship is tracked by the US government unloading or loading cargo in Cuba, that ship will be barred from all American ports for six months:

779

home.treasury.gov

Cargo-Ship Tracker: MarineTraffic: Global Ship Tracking Intelligence | AIS Marine Traffic

Any ship that uses the Panama Canal and fails to report that it is going to a Cuban or Venezuelan port, will be barred from using the canal, indefinitely. That means that ship has to go all the way down to the tip of South America, or through the arctic sea with an icebreaker.

All foreign cargo ships have to present their port logs to American port authorities when they arrive and if it shows that they were in Cuba, Venezuela, or any other sanctioned country, they have to leave. They can't unload their cargo, at any American port, including territories like Puerto Rico and Guam. If a company buys a product that has more than 10% American parts, it can't be sold to Cuba or any other sanctioned country. Sanctioned countries can't open bank accounts or lines of credit at banks that are regulated by the United States and that's practically every financial institution in the world, with few exceptions. So of course communist countries are in the fight with one arm tied behind their backs.

Your arbitrary demand for communism to replace capitalism overnight or even in one century to prove its validity is simply disingenuous, unfair, and cynical. Self-serving. You're not going to get rid of communism, it's the future, so you might as well become a communist today. Come to terms with it, because that's the natural course of human economics and production, as technology replaces wage-labor. It's not my fault you're in denial and can't admit it. Advanced technology = high-tech communism.

In 1938 Soviet Russia had the largest steel industry and its agriculture was the most mechanized in the world. So you obviously don't know what you're talking about.

Of course it was. Stalin said do it and it happened.

Soviet Russia unlike the US and other Western countries that were going through a deep depression in the 1930s, was doing well by 1934.

Were they doing well because they starved millions a few years before, or despite starving millions a few years before?

The Russo-Ukrainians aren't just ethnically Russian, they're also Ukrainian and shouldn't be forced to leave their homes

If they're gonna keep whining like little babies that they're being picked on, move already.

You support the 2014 coup and its ultra-nationalist, neo-nazi sympathizing regime

Commies should keep whining about "Nazis". It's funny.

As far as the wall, again, it had several functions during the cold war, and one of them was to stop scientists, engineers, and those who received a good education in East Germany and the USSR, from leaving to the capitalist West.

I know, freedom......just awful!
Can't give people the freedom to leave your commie shithole.

There are restrictions for Americans to travel to Cuba and other countries as well.

Like they'll shoot you if you try leave.....oh, wait, that's Cuba.

You're not going to get rid of communism, it's the future,

Which countries are communist today?

 

[fncceo]

Which caused the 2008 crash.
Everything works until it doesn't work.
The Lenders will be bailed out, not the Borrowers.

The 2008 Crash was caused by government trying to "level the playing field" for home buyers as far back as the Clinton Admin.

It was the idea that banks were being "greedy" by actually insisting a borrower be able to repay his loan that led to the establishments of government-backed mortgages. A bank (or anyone else) would be excited to lend out money if retrieving their capital and interest is guaranteed by the government.

Of course, this led to a massive increase in sub-prime loans that don't look as bad until housing prices start to fall ... then ... a very predictable kablooie!

Anyone closely following the housing markets (including many of the big lending banks) were able to dump their sub-prime positions before the crash exactly because they were watching.

 

[BackAgain]

Fill in this quote: "A _____ and his _____ are soon parted"

This has always been true.

As for unrealized gain, that is the basis of pretty much all market capitalization. The value of Google (and that capitalization upon which it can use as collateral) isn't what people pay Google every year. It's based on the value of outstanding stock, intellectual property, and predicted earnings per share --- all of which remain unrealized gain until those assets are sold or EPS is paid out.

Part of the reason libs don’t grasp the notion of what a “taxable event”is:

They don’t “realize” much of anything.

 

[Red Front]

Give an example of where Afghani peasants today are living worse conditions than Afghani peasants of 30, 300, or 3,000 years ago and how the worsening of those conditions is caused by Capitalism.

Oh no, one of those capitalist apologists who claim the American military-industrial complex didn't have anything to do with us being in Afghanistan for 20 years, spending trillions of dollars. Where did all of that money go? Contractors, weapons? It could've been used to build infrastructure and improve the lives of the Afghan people. If we would've done that, perhaps the Taliban wouldn't be in power now because the Afghans would've had a taste of living in a more developed, modern society. They would've fought tooth and nail, to the very end, to prevent the Taliban from taking power.

More, thanks to the pursuit of profits (private capital accumulation), countries remain our enemies because it pays to have boogiemen in the world that we can point to and say "hey be careful, we need more weapons and troops, a bigger defense budget". War is a very lucrative racket. Look at what is happening now in Ukraine. Who do you think is profiting the most from that? Weapons manufacturers, defense contractors, and all of the other companies that profit from war. The people of Ukraine, Afghanistan, Iraq, Libya, and many other countries, including Cuba and Haiti, are impoverished and decimated due to our American ruling class, who make money from war and cheap labor and raw materials, gas, and oil.

You've never heard of capitalist imperialism, captive markets, or the exploitation of cheap labor in third-world countries, it's all just supposedly a socialist delusion. False propaganda. Yeah sure.

​

 

[Soupnazi630]

Oh, now you are progressing into pure delusion! You need help.

I need none. I am correct

You need reading comprehension. You willful are regressing into willfuul ignorance

 

[fncceo]

It could've been used to build infrastructure and improve the lives of the Afghan people.

Why on Earth, would any American taxpayer give a fetid dingo's kidney about improving the lives of Afghan people.

Afghan people have been living the same way for 5,000 years ... apparently, they enjoy it.

What did The Soviets do to "improve" the lives of the Afghan people? They were there for a decade and they've been interfering in Afghan politics since the 19th Century.

 

[Red Front]

Actually, it does. As long as there are stupid people, there will be people stupidly throwing away what little money that have.

The MMM Cooperative was one of the largest investment scams in history and it took place under Soviet-era Communism.

No, it doesn't have to remain that way. Perhaps it serves certain people's greed or psychopathic, nihilistic aspirations but humanity can and has improved and will continue to evolve. The alternative is extinction, which is not an option for most people.

 

[Indeependent]

The 2008 Crash was caused by government trying to "level the playing field" for home buyers as far back as the Clinton Admin.

It was the idea that banks were being "greedy" by actually insisting a borrower be able to repay his loan that led to the establishments of government-backed mortgages. A bank (or anyone else) would be excited to lend out money if retrieving their capital and interest is guaranteed by the government.

Of course, this led to a massive increase in sub-prime loans that don't look as bad until housing prices start to fall ... then ... a very predictable kablooie!

Anyone closely following the housing markets (including many of the big lending banks) were able to dump their sub-prime positions before the crash exactly because they were watching.

I hate to respond...Bullshit.
Every Lender was handing out money like candy to everyone, poor and wealthy alike.
Most of the poor to very upper middle class defaulted on their mortgages.
Rubber Stamping Loans for everyone is not a good idea.

 

[Toddsterpatriot]

Which caused the 2008 crash.
Everything works until it doesn't work.
The Lenders will be bailed out, not the Borrowers.

Which lenders? Bailed out how?

 

[Indeependent]

Which lenders? Bailed out how?

My entire Jewish community in Nassau County was swamped by calls from, for instance, Chase, Citibank, Wells-Fargo, etc..., ready to hand out 300K-600K by Rubber Stamping approvals that failed the system input.
I was Rubber Stamped by Citibank for 300K after being unemployed for several years.
They wanted me and everybody else to take 600K, but most of us were too wary about paying it back.

Chase sent out 4 million foreclosures to people who didn't have a Loan from Chase.
Wells-Fargo received a joke of a fine for handing out loans like candy.

We all know the borrowers got screwed and the Lenders borrowed tax dollars to get back in the good graces of GW's corrupt looking the other way.
GW still claims to be the Home Ownership President.

What a joke.

The same thing is happening today; my upper middle-class Town is starting to look like Millionaires Row and the streets weren't built for the traffic.

 

[Red Front]

Why on Earth, would any American taxpayer give a fetid dingo's kidney about improving the lives of Afghan people.

Afghan people have been living the same way for 5,000 years ... apparently, they enjoy it.

What did The Soviets do to "improve" the lives of the Afghan people? They were there for a decade and they've been interfering in Afghan politics since the 19th Century.

Well, you're proving my point that capitalists could care less about improving the lives of Afghans or anyone else, it's strictly a profit-driven system. That's how trillions can be spent in Afghanistan after a 20-year occupation that has absolutely
nothing to show for it other than a mountain of dead corpses and maimed Afghans, not to speak of American casualties. What did we get in return for all of that blood and money? The Taliban are back in power and the Afghans are under the heel of American economic sanctions. What did we accomplish there after trillions of dollars and 20 years?

As an American taxpayer, I would've preferred to see at least some of those trillions of dollars used to improve the lives of those people whose country we invaded and occupied for two decades. As I said, perhaps if we would've done that, the Taliban wouldn't be back in power now. Your appeal to American taxpayers is moot since our federal budget has nothing to do with our taxes. Do you actually believe the US federal government needs us to pay taxes to fund itself? You need to study economics and how our monetary system works.

Actually, the Soviets improved the lives of the Afghans until the US began arming and radicalizing rebels. The USSR was establishing new secular institutions, free of religious radicalism, sexism..etc. If the Soviets would've finished their project in Afghanistan, it would now be a more secular, better-developed country, but instead what we have now is a nation under a brutal, Islamist regeme that treats women and children as property. And BTW the taliban aren't communists, there's plenty of capitalism in Islamic countries.