If capitalism works why are you all getting government handouts ?

[jc456]

We have to work towards a point of equilibrium at which we can decrease the inequities we're seeing, and still maintain the dynamic production and innovation inherent in capitalism.

that kind of effort will kill innovation. but hey, all you demofks want to die anyway, so I supposed that is your path forward to death.

As destructive as the arrogant ignorance of Trumpsters can be, it's also boring.

yeah, the arrogance of demofks is destroying cities today. congrats.

 

[georgephillip]

Yes, their god with a little g, but this was caused by abandoning God with the big G.

Can you point to a time in the last five hundred years when elite capitalists behaved as if they believed in a God?

World-systems theory - Wikipedia

 

[jc456]

Stimulus check money: You and your family may get $1,200 or more with another relief payment

Here's how much to expect if the IRS sends out an additional round of stimulus checks in 2020.

www.cnet.com

There seem to be double standards at work here. I do think that it is the role of government to help out when capitalism fails but so many of my fellow posters seem to be happy decrying "Venezuela" whilst gorging themselves on the government teat.

Are you all going to give the money back ?

You do not understand. Every dollar that the government spends comes from us in the first place. Any stimulus money that comes our way is us merely getting back a very little bit of what was first taken from us. What, did you think government somehow earns money?

Well that is socialism. It kind of kills the argument that our NHS is "free" and that folk are addicted to "free stuff". Every NHS service I get I have already paid for over many years. My policy covers me for everything and I wont go bankrupt.
Its beautiful.

stay in Europe then/ leave us alone.

 

[jc456]

Yes, their god with a little g, but this was caused by abandoning God with the big G.

Can you point to a time in the last five hundred years when elite capitalists behaved as if they believed in a God?

World-systems theory - Wikipedia

so naïve.

 

[jc456]

The answer to you title, is NOBODYS WORKING BECAUSE OF STATE GOVERNMENT INTERFERENCE.

Michigan's at 21% unemployment because Gretche Whitler shut the state down. That's not "capitalism"

Yet another stupid fuck blaming the States for Trump's COVID failure.

You really think that without the shut downs that people would be flocking to bars & restaurants, etc when the infection rates would be so much higher without the shut downs?

prove it. pull the benchmark data that agrees with your post. You can't, but you're condescension will have you insult me.

 

[jc456]

Stimulus check money: You and your family may get $1,200 or more with another relief payment

Here's how much to expect if the IRS sends out an additional round of stimulus checks in 2020.

www.cnet.com

There seem to be double standards at work here. I do think that it is the role of government to help out when capitalism fails but so many of my fellow posters seem to be happy decrying "Venezuela" whilst gorging themselves on the government teat.

Are you all going to give the money back ?

Capitalism didn’t fail. The government shut down the economy and this took away capitalism. When the government closes businesses there is no capitalism.

I thought everyone understood that.

there are demofks, you have to always remember that.

 

[georgephillip]

Everything is geared towards enhancing financial speculations. It cant last.

As long as the Federal Reserve underwrites casino capitalism, the house flippers and con men will continue to prosper, and when it finally crashes, they will blame immigrants

America’s Path To A FIRE Economy

"Who would have thought in 1947 that output of the country’s manufacturing sector would decline from one-quarter of the gross domestic product to close to 11 percent and would be surpassed by the output of a bunch of real estate agents and house flippers?

"Nothing against real estate agents, by the way, and Flipper was my favorite television show as a kid.

"Real estate is now the largest industry as a percentage of GDP."

 

[georgephillip]

well simply said, you didn't include God's share. nice omittance.

How do you calculate God's share of the profit formula?

 

[georgephillip]

The very LEAST we could do is address what is obvious. Some new regs were put into place after the Meltdown, but being in the industry, I can tell you we have a LONG way to go there.

I noticed how Hyman Minsky was rediscovered after that last meltdown?

"Minsky's financial instability hypothesis depends critically on what amounts to a sociological insight. People change their minds about taking risks. They don't make a one-time rational judgment about debt use and stock market exposure and stick to it.

"Instead, they change their minds over time. And history is quite clear about how they change their minds. The longer the good times endure, the more people begin to see wisdom in risky strategies."

http://www.softpanorama.org/Skeptic...ility_of_financial_sector/minsky_moment.shtml

 

[whitehall]

Leave it to Marxists to assume that economic stimulus is anti-capitalist.

 

[georgephillip]

capitalism is about private business and ownership. Period. not sure how everyone's scenario is omitting this one bullet.

Do you consider Wall Street banks and the New York Federal reserve capitalist organizations?

"The Federal Reserve is desperately hoping that the pandemic, the coast-to-coast protests and the military generals’ scathing rebuke of the President’s plan to 'dominate' grannies and college kids with bayonets and Black Hawk helicopters in the streets would distract the public from its money-feeding tube to Wall Street."

Fed’s Repo Loans to Wall Street Skyrocket by 230 Percent Week Over Week

 

[georgephillip]

so naïve.

Still preferable to willful blindness.

http://www.softpanorama.org/Skeptic...ility_of_financial_sector/minsky_moment.shtml

"The flaw with Capitalism is that it creates its own positive feedback loop, snowballing to the point where the accumulation of wealth and power hurts people — eventually even those at the top of the food chain. ”

 

[Trotsky's Spectre]

Trillions are handed out to the ultra wealthy

Socialism for the wealthy, Capitalism for everyone else. It's also called 'privatizing the profit while socializing the suffering.'

-- Trotsky's Spectre --

 

[CrusaderFrank]

Stimulus check money: You and your family may get $1,200 or more with another relief payment

Here's how much to expect if the IRS sends out an additional round of stimulus checks in 2020.

www.cnet.com

There seem to be double standards at work here. I do think that it is the role of government to help out when capitalism fails but so many of my fellow posters seem to be happy decrying "Venezuela" whilst gorging themselves on the government teat.

Are you all going to give the money back ?

Thanks, Obama!

 

[CrusaderFrank]

Stimulus check money: You and your family may get $1,200 or more with another relief payment

Here's how much to expect if the IRS sends out an additional round of stimulus checks in 2020.

www.cnet.com

There seem to be double standards at work here. I do think that it is the role of government to help out when capitalism fails but so many of my fellow posters seem to be happy decrying "Venezuela" whilst gorging themselves on the government teat.

Are you all going to give the money back ?

Capitalism has been mangled over the last 40 years, creating massive inequalities and giving rise to far more interest in socialism.

It's not capitalism's fault; it's the way it has been applied.

Capitalism has been mangled over the last 100 years.

Fixed

 

[Agit8r]

Stimulus check money: You and your family may get $1,200 or more with another relief payment

Here's how much to expect if the IRS sends out an additional round of stimulus checks in 2020.

www.cnet.com

There seem to be double standards at work here. I do think that it is the role of government to help out when capitalism fails but so many of my fellow posters seem to be happy decrying "Venezuela" whilst gorging themselves on the government teat.

Are you all going to give the money back ?

The Capitalists themselves (the large holders of capitals, that is) have been getting handouts since the panic of 1792. Merit is largely a myth in our present economic system, as proven during the S&L Crisis, the Late 2000s Bailouts, the subsidization of airline insurance since 2001, etc.

 

[beagle9]

What the Right doesn't understand, especially Trumpsters, is that proper regulation isn't the bane of capitalism, it's a critical component of capitalism.

The 2008 Meltdown should have made this blazingly clear to them, but they have allowed themselves to be completely misinformed about what happened.

So now, as socialism becomes more and more popular as a result, they refuse to honestly examine exactly why that is. Socialists should be thanking them.

I do agree that we must have fail-safes in place or greed will destroy the same as socialism or communism does as a result of not having fail-safes in place to control greed tendencies sure. Your attitude towards all so called Trumpsters is ridiculous. We know what and how to work it all out, just look around outside and you can see it.

Now what is being battled today is a war on two fronts, where as you have the war against unfettered greed, and then we have the war against those attempting to swoop in to take advantage of the wars that are going on within as a result of. This would be your socialist/communist/radical anti-American leftist buzzards doing the swooping and hollaring while trying to capitalize on the weaknesses born out of it all.

 

[beagle9]

Yes, their god with a little g, but this was caused by abandoning God with the big G.

Can you point to a time in the last five hundred years when elite capitalists behaved as if they believed in a God?

World-systems theory - Wikipedia

They might not have, but the one's who did kept them in check. So it may have been the super elites coupled with the social issues that which allowed them to keep attention deflected away from them and their greed/raping of the system's. The cat is out of the bag now, and that rascal ain't going back in so easily.

 

[buttercup]

Stimulus check money: You and your family may get $1,200 or more with another relief payment

Here's how much to expect if the IRS sends out an additional round of stimulus checks in 2020.

www.cnet.com

There seem to be double standards at work here. I do think that it is the role of government to help out when capitalism fails but so many of my fellow posters seem to be happy decrying "Venezuela" whilst gorging themselves on the government teat.

Are you all going to give the money back ?

You do not understand. Every dollar that the government spends comes from us in the first place. Any stimulus money that comes our way is us merely getting back a very little bit of what was first taken from us. What, did you think government somehow earns money?

That reminded me of this...

 

[Meathead]

Stimulus check money: You and your family may get $1,200 or more with another relief payment

Here's how much to expect if the IRS sends out an additional round of stimulus checks in 2020.

www.cnet.com

There seem to be double standards at work here. I do think that it is the role of government to help out when capitalism fails but so many of my fellow posters seem to be happy decrying "Venezuela" whilst gorging themselves on the government teat.

Are you all going to give the money back ?

I am going to send $1200 of my money back? I'm guessing advanced stages of some kind of STDs along with acute TDS.