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^ yuck yuck, what a chump
 

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Discussion Starter #4
It's just like I suspected, judging by the number of responses, most could not care less.
 

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Wow, people with lots of money wield a lot of influence. I would never have thought that possible, must be a recent development.

Italy and Greece are in trouble because they borrow and spend too much, and don't produce enough. Sound familiar? If Italy and Greece hadn't borrowed and spent so much, the hedge funds couldn't profit from their misfortune. There is an issue of accountability here.

Sure, governments have tried to create full employment economies. The Soviets tried, and sort of succeeded. Trouble is, all the jobs sucked, as did the general living conditions. The end result was not competitive in a global market.

You may as well argue against simple darwinism: It's probably not 'fair' that the species which can adapt to the greatest number of living conditions is the one that thrives, but that's the way nature works.
 

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So Germany, Norway, Finland, they must all be failures by your logic, what with a high degree of socialism and high taxes on the wealthy. What? What did you say? They're not? Oh, ok, nevermind.....
 

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The elites started this country and wrote its constitution.

Lest we forget.
 

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It's just like I suspected, judging by the number of responses, most could not care less.
Little reason to care when you post crap like that.

It asserts the "problems" without support, then proposes answers without validation.

1. Billionaires replace one person, one vote.

No they don't. How do you explain any of our election outcomes if your assertion is true.

It said "business outspent labor by a factor of 14 to 1", but does not segment small businesses from all businesses.

(Assertion supported with irrelevant data)


2. The stock market exercises an instant veto.

"The first question asked by the White House and Congress before making a policy decision is “How will the markets react?” "

Really? I kind of doubt it considering how many bad economic decisions Washington makes. Unless you are in the room, you don't know if the question is asked, let alone if it is the first or even a prominent question.

(False assertion)

3. Governments are not permitted to create full employment economies.

I am not sure how to address this steaming pile.

It seems to say that the government should hire every unemployed person just to lower unemployment with no regard for the cost. I am not sure this has ever worked.

4. Hedge fund speculative raids replace elected leaders with technocrats.

Now this one is kind of funny. According to their theory "Hedge Funds ran the economies into the ground (Excessive spending on social programs has nothing to do with it) and then when the bond value drops they "take over" the political process??

5. Financial markets are vetoing Social Security.

Where are the "Billionaires" again??

This point ignores the fact that SSI has been failing for about 40 years, and pretends everything was just fine right up to the last few years.
Anyone remember how SSI was getting paid a pittance on the reserves when the market was going up? (Of course not, why bring facts into the rant)
 

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So Germany, Norway, Finland, they must all be failures by your logic, what with a high degree of socialism and high taxes on the wealthy. What? What did you say? They're not? Oh, ok, nevermind.....
Anyone notice that Germany's latest bond sale was under-subscribed by about 50%, yet we are still selling bonds without issue?
 
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