War on The Rich: Dumbest Idea in History of Man

[rightwinger]

So a new paradigm in the US, where only the Rich can vote, where only the Rich can hold positions of power, and where all opposition to, criticism of, and disagreement with the Rich is punishable under the law,

how soon would that make life better for the rest of us?

It seemed to work pretty well in the early years of the Constitution. Because people didnt have to pander to ignorant assholes who couldn't hold a job and resented anyone with a bigger house. Like you.

They used to just let em die. Life expectancy was in the 40s

Our government cares more about the people now

Damn. Had o idea our very lives depended on government.
Thanks, Nutsucker!

Actually they have
Our life expectancy has doubled since the founding of our country. Most of which we owe to your evil Gubmint

 

[Dad2three]

Carried interest: The carried interest loophole, which President Obama closes in his recent budget proposal, benefits wealthy hedge fund managers who take their pay from investors’ profits instead of through management fees, which makes the income subject to the lower capital gains rate than ordinary income rates.

The loophole applies to virtually no one, but it allows those who use it — wealthy hedge fund managers and private equity executives like Mitt Romney — to substantially lower their tax rates. Eliminating it would both make the tax code more equitable and save as much as $21 billion over 10 years.

The loophole applies to virtually no one.....
Argument FAIL! ...Try again!

So you agree, they benefit ONLY those rich enough to buy Congress. Than

EVEN YOUR PREMISE WAS LAWS APPLY TO EVERYONE? Weird you can't use logic

So you agree, they benefit ONLY those rich enough to buy Congress.
No, I showed you where your very own resource totally refuted that argument. Thus far, there have been ZERO examples given of a law or policy which ONLY affects the wealthy and does not apply to any other American. That was your claim, that was the challenge, and you haven't produced an example.

Now, let me explain why you're having trouble here... it's called the 14th Amendment. You see, we do not pass laws in America which only apply to certain groups. All of the laws we pass apply to all Americans. There is not a special set of laws which only apply to wealthy people, they don't have their own special tax code, and that never has been or will be the case as long as there is a 14th Amendment and Constitution.

CARRIED INTEREST RULE? lol

CARRIED INTEREST RULE? lol

Part of the US Tax Code which applies to EVERY American.

Argument FAIL!

Really? PLEASE enlighten me HOW it applies to EVERY American Bubba when it's VERY limited in focus and availability to use it, to those like Mitten's?

 

[Contumacious]

Not much of a historian are you. How do you imagine the railroads acquired the land?

Did the land build the railroad?

Are you serious or what?

Uhm, yes... why would I be anything but serious?
Did the land build the railroad? Yes or no?

You see... I said "...the government had little to do with it. The railroad was built by free market capitalists."

The response to this was regarding land the railroad was built on. I didn't mention the land, only the building of the railroad. Now the actual LAND belonged to indigenous tribes of North America and was stolen by the US Government. So the US Government actually made no real contribution to the railroad... other than military protection against the people the land was stolen from. Capitalists built the railroad.

Let's follow this thought process of yours

So the land that the 'job creators' have belongs to the indigenous tribes of NAmerica too? LOL

Or it's OK, for 'capitalists' to take things?

You stated earlier capitalists, NOT Gov't built the RR's? lol


Between 1850 and 1871 the United States government used a portion of the public domain (federally owned land) to assist and encourage the building of railroads. In all, during that twenty-one year period approximately 1.31 million acres of land were transferred to private ownership. This represented 9.5 percent of the public domain as it stood in 1850 (1.39 billion acres).


The law provided that companies agreeing to undertake the construction of transcontinental railroad lines would be eligible for loans ranging from $16,000 to $48,000 per mile of track laid. The precise amount of the loan was determined by the difficulty of the terrain through which the construction passed. The government loaned a total of $64,623,512 to the transcontinental companies

The states added another 50 million acres of land grants. Local communities also subsidized railroad companies by giving them land for depots and rights of way and tax exemptions


The total of public land grants given to the railroads by states and the federal government was about 180 million acres. At the time, the value of this land was about one dollar per acre

Railroads Federal Land Grants to Issue FREE Railroads Federal Land Grants to Issue information Encyclopedia.com Find Railroads Federal Land Grants to Issue research

Again... Not a word about a single crosstie or rail being laid by the US Government. The railroad was built by capitalist corporations. Yes, they had "help" from government, as does almost every capitalist in our free market system.

Or it's OK, for 'capitalists' to take things?
A capitalist is someone who capitalizes on an opportunity to make profit. They will do this however they are allowed to do it. This is why our Constitution doesn't allow "unregulated" capitalism, and never has.

BULLSHIT.

1- Most of the RR's were built by corrupt businessmen seeking to profit from bureaucratic stupidity;
2- If the "capitalist" receives financial help then Capitalism DOES NOT exists, fascism does
3- The US Constitution does NOT mandate that the markets be regulated

.

 

[Dad2three]

80% of the population owns 5% of the wealth.

Who Rules America Wealth Income and Power

The middle class has been eviscerated

What a bad job of 'war'

What a bad job of 'war'
Oh, I know... Dumbest idea ever in the history of man! It is a war that can never be won against an enemy you can never defeat, led by idiots who keep blowing holes in their own boat and deny they are at war.

Tell that to the French

Let them eat cakes. Who won? Then Russia?

 

[Dad2three]

Not much of a historian are you. How do you imagine the railroads acquired the land?

Did the land build the railroad?

Are you serious or what?

Uhm, yes... why would I be anything but serious?
Did the land build the railroad? Yes or no?

You see... I said "...the government had little to do with it. The railroad was built by free market capitalists."

The response to this was regarding land the railroad was built on. I didn't mention the land, only the building of the railroad. Now the actual LAND belonged to indigenous tribes of North America and was stolen by the US Government. So the US Government actually made no real contribution to the railroad... other than military protection against the people the land was stolen from. Capitalists built the railroad.

That doesn't even begin to make any sense. Where do you build a railroad without the free the land provided by the US government?

A PRIVATELY owned RR can not buy the lands it needs because _________________________?

Lack of capital. Now WHY didn't they just buy the 150+ million acres?

 

[Boss]

and save as much as $21 billion over 10 years.

LMFAOooo.... So, it saves $2.1 billion per year?

That should just about cover Obama's green fees!

So you REALLY don't want ONE law that benefits the 'job creators' after all. You ae a tool Bubba

No, I had rather get rid of laws which hinder the job creators and encourage them to create more jobs. The OPPOSITE of what you stupidly want to do.


Again, YOU are the consummate tool. You've embarked on a war you cannot win against an enemy you can never defeat. You continue to fire volleys of cannonballs into your hull in the vain attempt to get the 'greedy rich bastards' who remain two steps ahead of you. You're convinced your efforts are paying off but the actuality of the results are dismal. Wealthy people continue to gain wealth, poor and middle income people continue to struggle, stifled by your idiotic policies which prevent them from obtaining wealth.

Dumbest idea in the history of man! No question about that!

Yes, when the top1/10th of 1% paid an EFFECTIVE rate above 70% in the 1940's-1960's, the US didn't create jobs *shaking head*

If my policies don't work, why aren't YOURS in place somewhere, anywhere? Libertarian bullshit NEVER works

I know you prefer the gangster capitalism of Russia, which you have wet dreams about!

Neo-Liberalism/Conservatives is/has destroyed the American Economy in favor of the so called "Job Creator"... In reality are "Job Exporters"...

No, Russia is a totalitarian Communist government, I don't prefer that. In fact, that is more your line of wisdom and it simply doesn't lift anyone out of poverty.

Again... Jobs are being exported because Liberal policy has priced American labor out of the market. You keep blowing holes in your boat then blaming the holes on Republicans and Conservatives who had nothing to do with your war. How long will this continue? Depends on how stupid you are... seems like it may be a while.

 

[The Rabbi]

So a new paradigm in the US, where only the Rich can vote, where only the Rich can hold positions of power, and where all opposition to, criticism of, and disagreement with the Rich is punishable under the law,

how soon would that make life better for the rest of us?

It seemed to work pretty well in the early years of the Constitution. Because people didnt have to pander to ignorant assholes who couldn't hold a job and resented anyone with a bigger house. Like you.

They used to just let em die. Life expectancy was in the 40s

Our government cares more about the people now

Damn. Had o idea our very lives depended on government.
Thanks, Nutsucker!

Actually they have
Our life expectancy has doubled since the founding of our country. Most of which we owe to your evil Gubmint

I hope you took your shoes off and genuflected before you typed the word "government"

 

[Boss]

The building of the railroads were a naked exercise in political cronyism that still stands as one the worst cases of human misery caused by pursuit of wealth in US history.

Yes... you got that everybody? The transcontinental railroad which enabled American progress across the continent and created tens of thousands of millionaires and billionaires, spawned thousands of boom towns and commerce, enabled intercontinental trade and travel... that was "miserable" for the people of the United States! We should never ever try something like that again!

 

[francoHFW]

we are not talking about MY earnings or net wroth. I am fine. unlike you, I have a societal interest in assuring a strong middle class.

and you know very well what rightwing policies have destroyed the middle class and left people with the same wages they earned basically thirty years ago, while goods cost so much more.

I don't know any right wing anything.

All I know is for my entire life no one, no policies, no rich guy, no CEO has ever stopped me from earning more, saving more, or anything else i wanted to do to improve my financial position.

I guess I don't see cabals and conspiracies to use as excuses.

The battle lines are pretty much drawn at those who have benefited from the American economic/tax system, and those who have not. A lot of those who have benefited have such a knee-jerk, arrogant, and defensive reaction that there is just no getting through to them.

Those who benefit love to crow about how hard they worked.

If anything THAT is the great American myth.


There are so many variables in to financial success that I laugh when I hear people extolling the virtues of their “hard work”. Yes, hard work is necessary, but it is not the path to goodness and wealth.

From your standpoint hard work means:

1- voting early and often
2- determining who will provide more welfare-type benefits Hillary or Elizabeth
3- producing new neologisms such as zero-sum game in order to hide your parasitic/socialist tendencies

.

Conservatives just ignore facts and reality. They have "faith" that their ideology is correct.


You know what happens when you have a very static and simplistic view of a very dynamic and complex system? You find yourself being wrong almost all the time.


Libertarians are frauds and parasites but unfortunately have been successful in hiding their dangerous disease under war hating, and freedom loving. Sadly their freedom isn't freedom, it is chaos and opens the door to a real loss of democracy.

They unwittingly use the protections, benefits and accomplishments government has to offer to create their fortunes, while pompously declaring they did it all on their own.

Clueless igets, everyone.

LMFAOOoo.... Oh this is GREAT! You see , Rabbi and Skull... this is all too "complex" for us to understand! These idjits would explain it all to us, but it's just too complicated! They would refute our points if it weren't so darn hard to explain the intricacies involved! We're the clueless simpletons who just don't understand the genius behind their war against the enemy they can't defeat!

What we probably need to do is, go to the left-wing Marxist blogs and immerse ourselves in the outdated propaganda from 19th century socialists and totally forget everything we know about free market capitalism.... after about a year or two, we should start to be able to see how complex this really is!

You can't defeat greedy rich a-hole Pubs? Then get the feq out of the way, dupe!

 

[Dad2three]

Not much of a historian are you. How do you imagine the railroads acquired the land?

Did the land build the railroad?

Are you serious or what?

Uhm, yes... why would I be anything but serious?
Did the land build the railroad? Yes or no?

You see... I said "...the government had little to do with it. The railroad was built by free market capitalists."

The response to this was regarding land the railroad was built on. I didn't mention the land, only the building of the railroad. Now the actual LAND belonged to indigenous tribes of North America and was stolen by the US Government. So the US Government actually made no real contribution to the railroad... other than military protection against the people the land was stolen from. Capitalists built the railroad.

Let's follow this thought process of yours

So the land that the 'job creators' have belongs to the indigenous tribes of NAmerica too? LOL

Or it's OK, for 'capitalists' to take things?

You stated earlier capitalists, NOT Gov't built the RR's? lol


Between 1850 and 1871 the United States government used a portion of the public domain (federally owned land) to assist and encourage the building of railroads. In all, during that twenty-one year period approximately 1.31 million acres of land were transferred to private ownership. This represented 9.5 percent of the public domain as it stood in 1850 (1.39 billion acres).


The law provided that companies agreeing to undertake the construction of transcontinental railroad lines would be eligible for loans ranging from $16,000 to $48,000 per mile of track laid. The precise amount of the loan was determined by the difficulty of the terrain through which the construction passed. The government loaned a total of $64,623,512 to the transcontinental companies

The states added another 50 million acres of land grants. Local communities also subsidized railroad companies by giving them land for depots and rights of way and tax exemptions


The total of public land grants given to the railroads by states and the federal government was about 180 million acres. At the time, the value of this land was about one dollar per acre

Railroads Federal Land Grants to Issue FREE Railroads Federal Land Grants to Issue information Encyclopedia.com Find Railroads Federal Land Grants to Issue research

Again... Not a word about a single crosstie or rail being laid by the US Government. The railroad was built by capitalist corporations. Yes, they had "help" from government, as does almost every capitalist in our free market system.

Or it's OK, for 'capitalists' to take things?
A capitalist is someone who capitalizes on an opportunity to make profit. They will do this however they are allowed to do it. This is why our Constitution doesn't allow "unregulated" capitalism, and never has.

So you changed from your ORIGINAL POSIT?-


"But the government had little to do with it. The railroad was built by free market capitalists. Yep, the wealthiest men who paid for building it did benefit a lot.... that's WHY they did it. You see, they were motivated to build the railroad."

War on The Rich Dumbest Idea in History of Man Page 45 US Message Board - Political Discussion Forum


YOU MEANT THE CRONY CAPITALIST YOU SUPPORT?

 

[The Rabbi]

The building of the railroads were a naked exercise in political cronyism that still stands as one the worst cases of human misery caused by pursuit of wealth in US history.

Yes... you got that everybody? The transcontinental railroad which enabled American progress across the continent and created tens of thousands of millionaires and billionaires, spawned thousands of boom towns and commerce, enabled intercontinental trade and travel... that was "miserable" for the people of the United States! We should never ever try something like that again!

We would have been so much better off if the government had simply kept that land. For parks or something.

 

[Boss]

Really? PLEASE enlighten me HOW it applies to EVERY American Bubba when it's VERY limited in focus and availability to use it, to those like Mitten's?

Doesn't matter who uses it, the law is available to all Americans. It's not just available to any one group, it's available to all and it applies to all. Now do the wealthy benefit more than others? Perhaps, but that can be said about the Constitution and free market capitalism in general. You don't want to repeal the Constitution to "punish the rich" do you?

 

[Toro]

The concept that wealth is a zero sum game is flat out wrong.

and yet you're not acknowledging my obvious and correct point.

Since you are the one who decided to reply to me, your point is irrelevant to the incorrect assertion that wealth is a zero-sum game.

You LIE. Shocking. The premises, as I've outlined to you, was

Adam Smith, in his seminal work The Wealth of Nations, described wealth as "the annual produce of the land and labour of the society".

JUST like my link, and my posting showed.

Lying right winger? I'm shocked

You are a fool because you don't have the sense to know what you don't know. Perhaps you should have read further down your Wikipedia link.

In economics, wealth in a commonly applied accounting sense is the net worth of a person, household, or nation, that is, the value of all assets owned net of all liabilities owed at a point in time. For national wealth as measured in the national accounts, the net liabilities are those owed to the rest of the world.

economic definition of wealth - Google Search

You learn this in the first week of Introductory Economics 101. You should get an education. Then, you wouldn't display your ignorance online for all the world to see.

It's ironic that you quote Adam Smith. The Wealth of Nations was the first teatise demonstrating that wealth wasn't a zero-sum game.

Of course, you wouldn't know that.

So NO, you will not take Adam Smith's AND MY definition of wealth as the posit was, instead you'll change it and argue from a different posit? Typical right winger!

Sorry, s0n. You don't rate.

Come back when you have a basic understanding of economics rather than parroting blog posts.

 

[Contumacious]

Did the land build the railroad?

Are you serious or what?

Uhm, yes... why would I be anything but serious?
Did the land build the railroad? Yes or no?

You see... I said "...the government had little to do with it. The railroad was built by free market capitalists."

The response to this was regarding land the railroad was built on. I didn't mention the land, only the building of the railroad. Now the actual LAND belonged to indigenous tribes of North America and was stolen by the US Government. So the US Government actually made no real contribution to the railroad... other than military protection against the people the land was stolen from. Capitalists built the railroad.

That doesn't even begin to make any sense. Where do you build a railroad without the free the land provided by the US government?

A PRIVATELY owned RR can not buy the lands it needs because _________________________?

Lack of capital. Now WHY didn't they just buy the 150+ million acres?

Excuse me ding dong, if they don't have the capital then the RR Line doesn't get built. Uncle Sam has no authority to raid the US Treasury in order to help entrepreneurs.

.

 

[Boss]

Did the land build the railroad?

Are you serious or what?

Uhm, yes... why would I be anything but serious?
Did the land build the railroad? Yes or no?

You see... I said "...the government had little to do with it. The railroad was built by free market capitalists."

The response to this was regarding land the railroad was built on. I didn't mention the land, only the building of the railroad. Now the actual LAND belonged to indigenous tribes of North America and was stolen by the US Government. So the US Government actually made no real contribution to the railroad... other than military protection against the people the land was stolen from. Capitalists built the railroad.

Let's follow this thought process of yours

So the land that the 'job creators' have belongs to the indigenous tribes of NAmerica too? LOL

Or it's OK, for 'capitalists' to take things?

You stated earlier capitalists, NOT Gov't built the RR's? lol


Between 1850 and 1871 the United States government used a portion of the public domain (federally owned land) to assist and encourage the building of railroads. In all, during that twenty-one year period approximately 1.31 million acres of land were transferred to private ownership. This represented 9.5 percent of the public domain as it stood in 1850 (1.39 billion acres).


The law provided that companies agreeing to undertake the construction of transcontinental railroad lines would be eligible for loans ranging from $16,000 to $48,000 per mile of track laid. The precise amount of the loan was determined by the difficulty of the terrain through which the construction passed. The government loaned a total of $64,623,512 to the transcontinental companies

The states added another 50 million acres of land grants. Local communities also subsidized railroad companies by giving them land for depots and rights of way and tax exemptions


The total of public land grants given to the railroads by states and the federal government was about 180 million acres. At the time, the value of this land was about one dollar per acre

Railroads Federal Land Grants to Issue FREE Railroads Federal Land Grants to Issue information Encyclopedia.com Find Railroads Federal Land Grants to Issue research

Again... Not a word about a single crosstie or rail being laid by the US Government. The railroad was built by capitalist corporations. Yes, they had "help" from government, as does almost every capitalist in our free market system.

Or it's OK, for 'capitalists' to take things?
A capitalist is someone who capitalizes on an opportunity to make profit. They will do this however they are allowed to do it. This is why our Constitution doesn't allow "unregulated" capitalism, and never has.

So you changed from your ORIGINAL POSIT?-


"But the government had little to do with it. The railroad was built by free market capitalists. Yep, the wealthiest men who paid for building it did benefit a lot.... that's WHY they did it. You see, they were motivated to build the railroad."

War on The Rich Dumbest Idea in History of Man Page 45 US Message Board - Political Discussion Forum


YOU MEANT THE CRONY CAPITALIST YOU SUPPORT?

I haven't change anything, liar.

What happened is, I made a true statement, you challenged it and failed to prove your point, now you're trying to claim I said something else because you're butt hurt.

 

[rightwinger]

So a new paradigm in the US, where only the Rich can vote, where only the Rich can hold positions of power, and where all opposition to, criticism of, and disagreement with the Rich is punishable under the law,

how soon would that make life better for the rest of us?

It seemed to work pretty well in the early years of the Constitution. Because people didnt have to pander to ignorant assholes who couldn't hold a job and resented anyone with a bigger house. Like you.

They used to just let em die. Life expectancy was in the 40s

Our government cares more about the people now

Damn. Had o idea our very lives depended on government.
Thanks, Nutsucker!

Actually they have
Our life expectancy has doubled since the founding of our country. Most of which we owe to your evil Gubmint

I hope you took your shoes off and genuflected before you typed the word "government"

Why wouldn't I be proud of the greatest government in the history of mankind?

 

[Dad2three]

and save as much as $21 billion over 10 years.

LMFAOooo.... So, it saves $2.1 billion per year?

That should just about cover Obama's green fees!

So you REALLY don't want ONE law that benefits the 'job creators' after all. You ae a tool Bubba

No, I had rather get rid of laws which hinder the job creators and encourage them to create more jobs. The OPPOSITE of what you stupidly want to do.


Again, YOU are the consummate tool. You've embarked on a war you cannot win against an enemy you can never defeat. You continue to fire volleys of cannonballs into your hull in the vain attempt to get the 'greedy rich bastards' who remain two steps ahead of you. You're convinced your efforts are paying off but the actuality of the results are dismal. Wealthy people continue to gain wealth, poor and middle income people continue to struggle, stifled by your idiotic policies which prevent them from obtaining wealth.

Dumbest idea in the history of man! No question about that!

Yes, when the top1/10th of 1% paid an EFFECTIVE rate above 70% in the 1940's-1960's, the US didn't create jobs *shaking head*

If my policies don't work, why aren't YOURS in place somewhere, anywhere? Libertarian bullshit NEVER works

I know you prefer the gangster capitalism of Russia, which you have wet dreams about!

Neo-Liberalism/Conservatives is/has destroyed the American Economy in favor of the so called "Job Creator"... In reality are "Job Exporters"...

No, Russia is a totalitarian Communist government, I don't prefer that. In fact, that is more your line of wisdom and it simply doesn't lift anyone out of poverty.

Again... Jobs are being exported because Liberal policy has priced American labor out of the market. You keep blowing holes in your boat then blaming the holes on Republicans and Conservatives who had nothing to do with your war. How long will this continue? Depends on how stupid you are... seems like it may be a while.

Russia commie's? Oh you live in the 1970's?

You mean jobs were exported BECAUSE we allowed them with conservative policies like 'free trade' and a VERY low tax burden on the 'job creators' and Corps?

I get it, IF the US was willing to work for $2 an hour, the libertarians dreams, the US would be awash with 'jobs' right?

LISTEN YOU CRAZY BASTARD, LIBERTARIAN POLICY AND CONSERVATIVE POLICY NEVER WORKS FOR ANYONE BUT THE 1%ers AND REPUKES POLICY has led US to where we are at the past 35 years!!!

 

[francoHFW]

The building of the railroads were a naked exercise in political cronyism that still stands as one the worst cases of human misery caused by pursuit of wealth in US history.

Yes... you got that everybody? The transcontinental railroad which enabled American progress across the continent and created tens of thousands of millionaires and billionaires, spawned thousands of boom towns and commerce, enabled intercontinental trade and travel... that was "miserable" for the people of the United States! We should never ever try something like that again!

They also raped their customers and created corrupt monopolies like Standard Oil. Luckily, TR had the talents to turn that around. The lesson of 1865-1932 was that not enough regulation is great for the greedy rich ONLY.

 

[Dad2three]

Are you serious or what?

Uhm, yes... why would I be anything but serious?
Did the land build the railroad? Yes or no?

You see... I said "...the government had little to do with it. The railroad was built by free market capitalists."

The response to this was regarding land the railroad was built on. I didn't mention the land, only the building of the railroad. Now the actual LAND belonged to indigenous tribes of North America and was stolen by the US Government. So the US Government actually made no real contribution to the railroad... other than military protection against the people the land was stolen from. Capitalists built the railroad.

Let's follow this thought process of yours

So the land that the 'job creators' have belongs to the indigenous tribes of NAmerica too? LOL

Or it's OK, for 'capitalists' to take things?

You stated earlier capitalists, NOT Gov't built the RR's? lol


Between 1850 and 1871 the United States government used a portion of the public domain (federally owned land) to assist and encourage the building of railroads. In all, during that twenty-one year period approximately 1.31 million acres of land were transferred to private ownership. This represented 9.5 percent of the public domain as it stood in 1850 (1.39 billion acres).


The law provided that companies agreeing to undertake the construction of transcontinental railroad lines would be eligible for loans ranging from $16,000 to $48,000 per mile of track laid. The precise amount of the loan was determined by the difficulty of the terrain through which the construction passed. The government loaned a total of $64,623,512 to the transcontinental companies

The states added another 50 million acres of land grants. Local communities also subsidized railroad companies by giving them land for depots and rights of way and tax exemptions


The total of public land grants given to the railroads by states and the federal government was about 180 million acres. At the time, the value of this land was about one dollar per acre

Railroads Federal Land Grants to Issue FREE Railroads Federal Land Grants to Issue information Encyclopedia.com Find Railroads Federal Land Grants to Issue research

Again... Not a word about a single crosstie or rail being laid by the US Government. The railroad was built by capitalist corporations. Yes, they had "help" from government, as does almost every capitalist in our free market system.

Or it's OK, for 'capitalists' to take things?
A capitalist is someone who capitalizes on an opportunity to make profit. They will do this however they are allowed to do it. This is why our Constitution doesn't allow "unregulated" capitalism, and never has.

So you changed from your ORIGINAL POSIT?-


"But the government had little to do with it. The railroad was built by free market capitalists. Yep, the wealthiest men who paid for building it did benefit a lot.... that's WHY they did it. You see, they were motivated to build the railroad."

War on The Rich Dumbest Idea in History of Man Page 45 US Message Board - Political Discussion Forum


YOU MEANT THE CRONY CAPITALIST YOU SUPPORT?

I haven't change anything, liar.

What happened is, I made a true statement, you challenged it and failed to prove your point, now you're trying to claim I said something else because you're butt hurt.

I guess giving 150+ million acres free and loaning them $60+ million is 'little to do with it' (creating the RR's)

 

[Dad2three]

Are you serious or what?

Uhm, yes... why would I be anything but serious?
Did the land build the railroad? Yes or no?

You see... I said "...the government had little to do with it. The railroad was built by free market capitalists."

The response to this was regarding land the railroad was built on. I didn't mention the land, only the building of the railroad. Now the actual LAND belonged to indigenous tribes of North America and was stolen by the US Government. So the US Government actually made no real contribution to the railroad... other than military protection against the people the land was stolen from. Capitalists built the railroad.

That doesn't even begin to make any sense. Where do you build a railroad without the free the land provided by the US government?

A PRIVATELY owned RR can not buy the lands it needs because _________________________?

Lack of capital. Now WHY didn't they just buy the 150+ million acres?

Excuse me ding dong, if they don't have the capital then the RR Line doesn't get built. Uncle Sam has no authority to raid the US Treasury in order to help entrepreneurs.

.

Kinda, sorta disagree with you. They did AND it did. From the beginning the Gov't has had a hand in the economy

When the United States became independent from Britain it also rebelled against the British System of economics, characterized by Adam Smith, in favor of the American School based on protectionism and infrastructure and prospered under this system for almost 200 years to become the wealthiest nation in the world. Unrestrained free trade resurfaced in the early 1900s culminating in the Great Depression and again in the 1970s culminating in the current Economic Meltdown.


Closely related to mercantilism, it can be seen as contrary to classical economics. It consisted of these three core policies:

1. protecting industry through selective high tariffs (especially 1861–1932) and through subsidies (especially 1932–70)
2. government investments in infrastructure creating targeted internal improvements (especially in transportation)
3. a national bank with policies that promote the growth of productive enterprises rather than speculation
   
   
   It is a capitalist economic school based on the Hamiltonian economic program.
   
   The American School of capitalism was intended to allow the United States to become economically independent and nationally self-sufficient.

Frank Bourgin's 1989 study of the Constitutional Convention shows that direct government involvement in the economy was intended by the Founders.

The goal, most forcefully articulated by Hamilton, was to ensure that dearly won political independence was not lost by being economically and financially dependent on the powers and princes of Europe. The creation of a strong central government able to promote science, invention, industry and commerce, was seen as an essential means of promoting the general welfare and making the economy of the United States strong enough for them to determine their own destiny.


American School of Economics