That would be like using 12345 as the combination for your luggage.
- jesus, fuck, crap not again. There we go again, I keep changing that combination, but I always change it to 12345, then somebody posts it, then I change it again to 12345.
Can you please stop posting this, I am tired of changing the goddamn combination over and over!
Well, that is the answer: income taxes rob you, gov't is robbing, you are much better off investing yourself, but they won't let you.
- the correction is that by the looks of it, they don't need to 'not let' you, you are quite happy doing it yourself. You believe gov't is there to take care of you economically. When it fails (and it will) to do so, you'll have somebody to blame, but in reality you are to blame yourself.
Epithets such as "libertarian loon" don't help you to look civil.
Saying to someone in a comment their position is "utterly stupid", that their statements are "inane", going on about "walking museum of wingnuts cliches", and in general dismissing an argument as "fringe" and "self serving" and basically creating a huge ad hominem as a response to comment that is actually quite polite...
Yeah, I would say that your comment before last is the most civil out of this conversation.
Your entire argument is constructed around a gigantic ad hominem, thus I suggested that you should go chew on a big one, I think that response is actually quite mild compared to your initial attack.
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We disagree completely on the effect of government spending, I find your rationalizations nonsensical.
- I find that your argumentation is illogical and is based on ideology rather than understanding of economics.
Your explanation of trade imbalance ignores the fact that China has pegged the Yuan to the dollar, and therefore, a trade imbalance can not effect currency exchange rates.
- the entire credit to the USA and all of the imports to the USA is based on the Yuan being controlled by Chinese gov't, and it is their mistake, they should let it go and then the imports into US will stop, the Yuan will become de-facto world currency of exchange and US t-bills will no longer be rolled over. You believe that USA will benefit if Chinese currency is let to bet at where the market takes it, I agree with that. China should let the Yuan go where market takes it and the credit to USA will stop, the USD will fall to something like 20, the price of oil in dollars will go up up up and the US gov't will be forced to declare bankruptcy or print the USD out of existence (and it will do the latter).
You have a basic misunderstanding of economics as well. You don't seem to understand that money spent does not disappear. When people save money rather than spend it, where does that money go? Into unsold inventory.
- USA imports will stop and Asia will start consuming its own products, as it should, the quality of life in Asia will go up and quality of life in the product and credit deprived USA will drop like a stone, and this will happen anyway.
That is your big investment, stuff people won't buy.
- in the US. Stuff people will not buy in the US, as they do not deserve that stuff because the trade imbalance shows they are not participating in a two way exchange in the economy, they are taking and not giving back.
However, when people buy stuff, the money they spent can be reinvested in producing more stuff.
- In Asia.
And it will be invested like that, because the demand is already there.
- demand exists always. Ability to pay disappears as productivity goes down. You cannot consume if you do not produce. Gov't does not produce, it borrows and prints, it can prop up your consumption by giving you free money, but it can't give you a meaningful (in the sense of marketplace) job/work, as any gov't job is quite useless to the trade deficit and often is detrimental to many people, as in wars.
If people are not buying things, and they are 'saving' their money, what will the wealthy do?
- if people are saving their money they are gathering a capital, they are putting together a capital. Capital is savings. Savings is capital. Capital can also mean assets, but assets are savings.
Gathering capital allows one to use that capital to become a productive member of economy by creating a business, by investing into a business. People with little money, but with more than what gov't leaves them with after taxes and after having to pay for the overpriced big ticket items, like houses, at prices propped up by gov't to create an illusion that bank
Aah, so you are back to being civil in a conversation? I wonder why.
Government is the force that is giving everything to the rich right now and will keep doing so. There will be more bailouts and so called stimulus, which always has some effect to point at, like that cash for clunkers nonsense, sure, sales will go up. The economy will suffer consequences of that money being spent for no reason because those are the resources not allowed to be invested privately. There is only a limited amount of credit, credit cannot be created by gov't magic, credit is provided by creditors outside of USA. The rest is printed by the Fed and has an effect of inflation, which hurts all USD holders.
Gov't gives money to military contracts, insurance, banks, bailouts... I don't need to repeat anything, all of this ends up going to the 'rich' you hate so you are arguing against the rich ideologically and for the rich practically, which is not a tenable position.
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But the main point, the main point that you obviously do not understand, you refuse to admit or something like that is that gov't spending is detrimental to economy in totality and will worsen the structural problem that USA (and other countries like UK, Spain, Portugal, Hungary, Italy..) is facing.
The structural problem is lack of productive jobs that can reduce the imbalance in trade, balancing out the deficit is the only solution to the economy that is dying the way it is now. Spending borrowed/printed/taxed money on purchasing imported goods improves balance sheets of the companies who import into USA but it does NOTHING to improve economy of USA because it does not create jobs.
The only jobs that matter at this point are production/manufacturing jobs, all other jobs, that do not decrease the trade imbalance no longer matter because the credit available to the US is constantly going down with every dollar that US exports for an imported product.
Spend all of your money on buying products and not investing into jobs and you have failed fixing the economy. But it cannot be gov't, that invests into creating jobs. Gov't created jobs do not reduce trade imbalance because they are never jobs that are either competitive or useful to people in other countries, who are sending credit in form of products and money for t-bills into USA.
Gov't at this point is bankrupt, it can never repay the debt that it accumulated BECAUSE there is a huge trade imbalance. There is no mechanism, by which the debt can be repaid through gov't work.
What will end up happening, once the credit stops and USD crashes, is that imports will stop and the creditors will no longer buy t-bills and will no longer provide US with any products USA needs to enjoy its high quality of life.
USA WILL BECOME A NET EXPORTER OF RAW MATERIALS!
USA's only path is the path of USSR - export raw materials and probably weapons. But any country that exports raw materials ends up with poor population, who are not productive because they are both uncompetitive and are living an a dole. The gov't will collect most of the money from raw material exports and will dole out the food/money/apartments inside the country. Living that way means forget your Freedoms, forget your quality of life, forget any ability to make a better life for yourself.
Keeping the gov't the way it is will only speed up this problem, gov't will grow more and more and will eventually, once it crashes the USD become what all such gov'ts tend to become (which is described in Plato's Republic) a dictatorial gov't with unlimited powers over all citizens (comrades.)
As to not being part of that community, of-course not, people who understand what is happening are and will move their capital out of the countries that are set on this path to self devouring through gov't and will move out to more productive and at some point free societies, because freedom is your ability to live independently of gov't in a working economy, which is about by producing and exchanging goods with other
The rich have taken, but they will take more. There will be more bailouts there will be more 'stimulus' and all of that money will be taken by the rich. They are taking everything they can, they know this well is drying out, the best thing to do is to take whatever can be taken and to move it out of the country quickly.
The correct solution is to stop gov't spending. Stop gov't bailouts. Stop gov't 'stimulus'. Stop gov't borrowing. Stop gov't printing. Stop gov't setting interest rates. Stop gov't building empires and bring back all the troops, within a month, a month should be enough to bring home all troops from the entire world, from all bases. There is no reason for bases in a hundred countries, there is no reason for any wars but to take more money and give it to military contractors. Stop 99% of gov't spending, liquidate the bankrupt gov't through sale of assets.
The way to allow small businesses to start is to stop all regulations. Stop all income taxes and have some minimal sales taxes. Stop printing, save the dollar. Allow people to save their money and start small businesses, allow wages to drop where should be to be competitive, allow home prices to drop where they really must be, much lower than what gov't is trying to hold them at by propping up mortgage lenders. This entire house of cards needs to come down so that small businesses can be started.
Without savings and with spending the credit that otherwise goes to gov't spending/stimulus/bailouts will go to the private sector, small businesses. Credit does not appear by law, credit is a function of economy, and gov't is taking credit away from productive economy.
Demand ALWAYS exist, you fucking piece of shit cock sucking cockroach slime ball. You cannot stop your stupid useless pathetic limp body from demanding food, shelter, energy even clothes, medicine (whoever much viagra you take), fuel and yes, various forms of communication and entertainment.
Your pathetic ability to PAY may be gone due to your pathetic body not producing anything of any use to anybody but worms.
The companies importing into USA will stop and will sell to Asia, where the demand is artificially lowered by an artificial peg to the US dollar. The dollar will crash, the Asian market will consume everything that is currently imported into USA and people will understand how stupid they were for allowing the US to steal the goods from them for useless pieces of green paper.
And even by your logic, producing more stuff will not produce the ability to pay for that stuff
- you fucking retard. People exchange goods for things, in US they make almost no goods, it is clear from trade imbalance. Start producing goods and you'll be able to exchange them, and you don't need any specific currency for it, contracts pegged to gold will do, anything will do that is not printed out of existence and USD will be.
By making things you get the ability to consume things by exchange. Only exchanging things is meaningful in the market, paper is a convenience at best, a destructive force at worst.
Yes, I said TOKENS, I really said TOKENS and absolutely meant TOKENS, WHATEVER THEY ARE. I didn't even think about gold, only tokens. USD is a token, but it will be printed out of existence by US gov't.
You know what, I wish you to get what you deserve.
I have no doubt in my mind that not a word will be listened to, but it will not happen precisely because it is the actual correct description of the problem, and while you bitch about this being a position of 'rich' and 'libertarian loons', the exact problem is that the richest are against this happening completely and utterly.
The richest benefit an insane amount from gov't doling out the money. Bailouts, stimulus spending, where do you think the money ends up?
Bailouts end up directly in company's management bank accounts and stimulus spending ends up in the same place, but it filters through the population first, sure, so instead of giving money directly to a gov't ran car company, the fake money goes to the unproductive population, who then give it to the uncompetitive car company.
Since you do not understand what demand is, I'll explain: demand always exists. DEMAND ALWAYS EXISTS. Ability to PAY does not ALWAYS exist.
But the problem with economy now is structural, it's an economy that relies on import and credit, and both credit and import come from the same sources now, so there is a very significant problem with that, in that the creditor will wake up (as they should) and stop this insanity and will stop giving credit and import to the borrowing consumer, who is always ready to eat everything thrown his way (US 'customer').
In a WORKING economy, people exchange PRODUCTS and money is only a TOKEN of exchange. In what US now people are taking products and giving back pieces of green paper that's becoming less and less useful fast.
So, yes, you fucking idiot, demand never dries up, but ability of people to participate in an economy in a meaningful way disappears as they stop producing, go chew on a big one.
What loopholes? What loopholes? You can have a corporation anywhere in the world and have dividends paid to you anywhere else in the world. However at some point there is no actual incentive to reside in US or even to be a US citizen even to do business in US, it doesn't have any advantage, when in fact most of the goods consumed in US are imported. What's the advantage living in US, where the trade imbalance and dollar printing will eventually cause a huge drop in quality of life? It's going to happen, it only makes sense to move both, business and pleasure outside and move semi or fully permanently to Asia.
There is no such thing as lack of demand, there is only lack of production. You know what the US gov't is doing all the time? It's giving people fake money, it's borrowing and printing and borrowing more and setting interest rates to nothing. That creates false demand where there SHOULD NOT BE demand because people are jobless and not producing anything. You know what is actually causing lack of demand? Lack of jobs, lack of production.
If you have no production and people are unemployed, they have nothing to exchange for the goods that they consume and the credit will disappear eventually and they'll be stuck with NO money and NO goods. What they need is not what gov't can do: productive private sector jobs in manufacturing and production, that produces STUFF that can be traded to other countries for the STUFF that other countries are giving US on credit.
Money is nothing, if money meant anything then US Fed could print all the money and give it to everybody. They could give every single US resident a billion dollars. Much good the money will do when the dollar is destroyed by hyper inflation. But it's going to happen anyway because t-bills are all short term and the world is realizing US can't pay back, so it's not too far away that the creditors decide not to roll t-bills over, but will want their principal back.
And there is nothing that gov't can do, it can only print USD to buy t-bills back, which will undermine everybody who is USD holder.
The CORRECT way of handling this problem is for the gov't to be HONEST and declare bankruptcy today. Today, they have to declare bankruptcy today, so that creditors can get in line and get not 100% of investment + interest, but maybe 10% back on a liquidation sale. There is nothing else gov't can do.
But we know that US gov't will not do what is right but tough, they will do what is wrong but easy, and so they will continue printing and borrowing and various forms of stimulus spending until there is an actual collapse of the dollar.
And all that because the gov't is standing in the way of production with regulations/taxes/subsidies/bailouts/stimulus/borrowing/printing/setting 0% interest rates/being involved in economy.
It's a crisis and in crisis something will give, if the gov't won't give and won't do what's right, the economy will give and die. I think that's going to be the outcome, I believe the US economy is terminal.
It is also likely that UK will follow with some marginal European countries, the Euro probably will be destroyed but strong European countries like Germany will go back to their own currency and Asia will have to write off the debt they are holding for all these bankrupt nations and will bounce back stronger once it stops subsidizing the non-productive parts of the world and finally allows its currency to rise and will start consuming and quality of life in Asia will go up and up, while in the countries with no production, no economies, no currency the quality will be destroyed, and knowing the gov'ts there, probably some form of very unpleasant dictatorship will follow. Obviously wars are also a possibility, they always are in such times.
Except that nobody who is not an idiot or an insane person paid that 90% income tax, and because people who make that money don't have to take it out of a business as a personal income, they can get dividends instead and today is not the fifties, today money is transferred from a continent to a continent 5 times a day (Hong Kong, NY Globex, London, NY Nymex, NY Globex, Sydney and back to Hong Kong) and there are plenty of places on the planet where there are no federal income taxes, welcome to Switzerland as an example. Germany and France are now trying to attract trade floors away from US and UK, they are working on incentives, manufacturing and production has moved to Asia, basically you have no structural system that can hold on to people's money (well, money of people who count.)
I am against all income taxes completely, they remove incentives to invest and they only provide incentives to spend. Instead all income taxes need to be abolished, gov't spending needs to drop by 99%, gov't must live within its means, there needs to be an incentive to produce, not to consume, interest rates need to be set by the market, so that all money is not printed by gov't and then given back to gov't through t-bills, the entire process is set to ensure that economies of industrialized world crashes, to understand it just look at the trade imbalances, gov't borrowing and printing, tax laws, regulations.
Oh, and I forgot to mention: copyright and patent laws. Patents helped IBM and eventually MS as well, copyright was the principle that Gates used to lock others out from redistributing code, so the entire gov't system is set up to create monopolistic behaviors.
Easy, exclusive contract with IBM, which was even sued by USA for a decade before the suit was dropped. IBM always benefited from gov't subsidies and taxes and regulations and contracts, it even started as a census counting firm with US gov't and it benefited greatly during the WWII by selling hardware and business skills to the fascists to help manage the concentration camp prisoners, weapons, trains, army troops, everything.
what, you don't think you are a serf now? Serf to your mortgage at your bank, which is part of your gov't due to subsidies and 0% interest rates?
You are not a serf? My plan is returning to the principles of Constitution, by which you are a Free person. Your response, more like a knee-jerk response, is an example of how far the US has moved away from Constitution, both physically and mentally.
cantons, not states. But Switzerland is MOVING in the right direction, it is going to abolish the mandatory military eventually. However most importantly is that federal gov't is not collecting income tax, that taxing is about cantons, and income is not necessarily what they do, there is competition between them. As to informing upon moving - that's the entire Europe's problem (and Russia's as well.)
forget about gdp and the manufacturing output, only 1 thing counts in a global economy where your creditors are other nations: trade balance. You don't have it, you have a huge imbalance, this means you are not trading fairly, for products you do not give back products but paper, and those IOUs are only good for a while, soon the t-bill bubble will burst and take down the dollar.
And you don't have any interesting 'news' for me. Oil is going to end? Sure, eventually it will end. I was talking about all natural resources, not just oil, but we will not see oil ending this century, it will be a more expensive barrel that is harder to extract, however ending oil dependency is not a bad thing, we have to move on anyway, nuclear must be the correct direction, all the other alternatives will cover some local needs, but nuclear is what we must do more and more globally.
Oh boy, am I tired from people replying to this thread without reading it, it's all the same all the same all the time.
Yes, that's the point that everything can be bought and sold, why is selling your property to the highest bidder a problem again? If you cause damage to your neighbor's property, you will have to deal with the neighbor, if you cause damage to many neighbors, you'll have to deal with many of them.
1. Lawsuits usually do not go away just because you sell your property. 2. Anybody buying a property will have to do all the fact checking with a lawyer, just like you have to do now, to see if there are any outstanding legal/financial/environmental issues with the property, full disclosure.
So what is the problem and what is the difference between that and what's happening now again from your perspective?
Standard Oil had six competitors by the time it was broken up, their numbers and size was growing, however you should look at all the monopolies that gov't DID create, all of them starting from phone and energy companies, proceeding to food and banks and insurance and transportation. Bailing out monopolies with borrowed/printed/SS money, stimulating monopolies with 0% interest rates, creating monopolies in military industrial complex.
Gov't has done more harm to economy than any other entity ever, and now the economy is suffering because of gov't intervention. I know it's not the 'wisdom' here, it's unpopular and considered to be a troll etc.etc.etc. Good.
When the US gov't collapses the dollar after printing it to buy back all the t-bills that creditors will be dumping, and then US economy will be destroyed because nobody will be trading with US and US has no production capacity to maintain its own standard of living and there will be riots and shortages, and gov't will implement a policy that is any dictator's wet dream and any human right activist's worst nightmare, the point made here just may be finally understood, or maybe not, people are not really that bright at figuring out what has just happened, less so figuring out what is happening and what is about to happen.
wow, you really need to stop eating gov't propaganda that much and stop assuming things about people you don't know.
Gov't is the actual reasons for having monopolies, except for DeBeers diamond cartel all monopolies outside of niche markets are gov't creations and are supported by gov't taxes, subsidies, regulations, bailouts, etc.
Event the actual antitrust law itself was first created and used for reasons that had nothing to do with monopoly power in the market and was a retaliation against a company wielding political power. Standard Oil wasn't a monopoly by the time it was broken up and even Standard Oil was helped by gov't ties to become what it was, though it was providing services at acceptable to then market prices. When it stopped, multiple competitors appeared.
Gov't antitrust laws are killing the market system, just as everything else it does. If gov't didn't actually participate in economy, there would've been no monopolies except in niche markets. It wouldn't be a surprise if MS was using its gov't ties to try and destroy a competitor, a la guerre, comme a la guerre, but what is this doing to the economy?
I don't want to talk to you, you are making up positions for me as if they are mine in every sentence, it's like talking to a waterfall of verbal diarrhea, like this nonsense:
you believe very strongly in Marxist economics.
- you are like the most bizarre person, I do respond to people who talk to me normally, but you are just something else, I don't possess enough words in English language that can be used in this conversation, too bad you don't speak Russian or French, or do you?
Marxist economics? The guy who messed up even simple understanding of capitalism and mercantilism? Gold is worth nothing? You do realize that gold actually LASTS FOREVER even in harshest conditions, it's not paper and even by the mere fact of not corroding it stores value, do you? Gold is a natural limited resource and it make a great store of value, it's capital on strike, it's what always keeps value when currencies fail. It's not a question of what you believe, it's a question of HISTORY. History shows gold is valuable more than any paper. ALL currencies that existed eventually disappeared, and ALL currencies that exist today will disappear and people will continue still trading in gold. Even USA had gold backed currency until Nixon. Was USA Marxist? You are insane, purely insane.
You need to find somebody else to torture with your nonsense, bye bye.
all of the things you are describing are a function of a working economy, not of a gov't, as to insecticides, it's a private matter of people on their own property, same logic. Who's a gov't to tell me I am using 'too much fertilizer'? WTH? If my chemicals are getting in the water then it's a different issue, again same logic. Toxic waste disposal - if all land is private, it's up to the owners to decide whether they want to own a disposal location or not.
The beaches must be privatized just as well. The beaches mostly are private anyway, so no difference, same logic. Besides which, the entire point is that BP didn't care about liability, so they didn't care about procedures, in a system where liability are not capped by gov't, the spill could have been avoided and probably would have been, this was no accident, this was negligence BECAUSE the gov't socializes the costs. BP as a company shouldn't even exist. It's what used to be known as Anglo-Persian Oil Company, the one that used its gov'ts ties in UK and US to overthrow the democratically elected gov't of Iran, for crying out loud, this is insane how much this company gets from gov'ts in the way of all sorts of money and literally killing.
but that's another reason why we must NOT do regulations: nobody can predict all ways in which someone or something can be hurt. A gov't actually actively managing risk, that's first of all unheard of. Bernanke couldn't manage risk of falling off a chair, from 2005 straight to 2008 he was repeating the same thing: no bubble, it's just a temporary thing, everything is fine, prices for homes will stay up, all while setting low interest rates, creating more and more money, creating moral hazard with Freddie/Fannie, etc. Gov't can't manage risk of anything.
Actually trying to prevent all bad things that can be done by all companies in the private sector, requires at least as much resources as the entire private sector. 50% gov't by mass that would take from the entire economy, I wonder how many days that structure would last.
What I am proposing is much better from point of view of economy, that's first, and from point of view of actual outcomes for the environment, that's second.
Economy, because there would be nothing to corrupt, no matter how much money a company was willing to spend.
I would imagine that you could sue anybody for all of those things today anyway, it's up to the courts, but I believe most of what you propose for lawsuits would be considered frivolous, I did say I am for a WORKING Justice system, not for a clogged one, didn't I?
As to your entire argument about 'green house emissions' if the damage by separate people is negligible, then you can't argue for any damage at all! Can you actually PROVE that there is damage?
Right, but the correct response is not going to come from gov't, it's going to be some new tech from private sector that will eliminate dependence on oils, whoever comes out with this will become a trillionaire, so there is a good incentive.
Gov't is not there to protect you from not having your neighbors bees either! Since those are not your bees, you have pretty much no moral right to sue anyway, get your own goddamn bees!
People today do NOT GET THE KIND OF PROTECTION that you are advocating here for! It's amazing that you are going out of your way to try and come up with examples, none of which you get any protection from by your actual gov't. Is there some magic place in your head where you keep the gov't you'd LIKE to have because the one you have doesn't give a shit about common resources the way you present and that's because the actual real gov't consists of people who just want to take something, they are not owners of a land or air or water, what do they care? BP spill was not the first, it's not going to be the last and there is nothing that gov't will do about it and you still argue that it is the correct way to continue, are you in some sort of a loop?
You have so many things to say as a response to my very simple message, it's incredible.
-- 1. Gold makes sense today as much as ever as a store of value. If you don't think so, then don't go to kitco.com and don't check out the prices of gold, silver and other metals. But a hint: they are going up because fiat currencies are being destroyed by printing. Gold is what some call: capital on strike. It means the times are bad and getting worse. Save your money, throw it out and get gold instead.
What your problem is that you don't understand what money actually is. Money is a token of value, which can be printed only by a producer of value. When gov't prints money without adding value to the economy, it simply reduces everybody's value of money and that's inflation and that causes prices to rise. It's like a tax but it's invisible. Money should only be printed by private companies that produce value: you add some value by taking a resource and turning it into a product that has some price on the market, you can then print as much value as you produced on a token, that's real money, that's how they do it in Hong Kong (well, there are 3 private banks that print money except for the city gov't itself). Of-course this also leads to natural inflation, because products get consumed, but the tokens stay, but this inflation is much lower than what gov't does.
2. About 100 people: you are a naive person, I am talking about very hypothetical situation. However my great-grandparents, who lived in Ukraine, had 18 kids, 15 were killed by USSR's communists during thirties as was my great-grandmother. They were pretty much self sufficient on their farm, but the village had some other workers like a blacksmith for example. Yes, they didn't have computers, but they farmed themselves and fed themselves. Even further out people survived by hunting/gathering, and those 100 people would become hunters/gatherers/farmers, obviously they wouldn't have nice Nike shoes or TVs. So your point is kind of stupid.
3. USSR was wrong because it took things from people who made them, and stole those things (like food and buildings, and lands, etc) and destroyed the people who could work and make things and it sold those things. What they created is a crowd of people unable to think and provide for themselves. They de-evolved people. Not everybody, but a lot of people. Those who didn't de-evolve did better, invented something, but during Stalin it was very dangerous to be an enterprising person like that.
4. Gov't is the cause of the very unequal society, I already made that point. Gov't kills off competition and creates monopolies, thus you end up with very unequal society. There is nothing else to add here.
5. You are not only ignorant of economics and politics, but you don't even understand what dictatorship means! I am so wasting my time on you, because you are definitely not going to learn anything from this, unbelievable. A dictator would have a HUGE GOVERNMENT. MUCH BIGGER than any 'democratic' gov't. You are so bizare as a person, it's like talking to an alien.
6. Control and regulations are only what you want them to be, and I don't want a gov't controling and regulating anything. I want OWNERS to do their own work and to take care of their own properties.
7. Microsoft is a success built on a contract with a monopolist: IBM. IBM was even sued as a monopolist at some point by US gov't and gov't lost over a decade of battling. It is always a huge irony to see a gov't suing a company for using its monopoly power illegaly, when the company became monopoly due to huge deals with gov'ts.
Anyway, you are so tiring and useless and ignorant, it's like talking to an ant, I can't continue with you, you are wrong on every single thing, must be a very easy life for you, because ignorance as they say, is bliss.
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That would be like using 12345 as the combination for your luggage.
- jesus, fuck, crap not again. There we go again, I keep changing that combination, but I always change it to 12345, then somebody posts it, then I change it again to 12345.
Can you please stop posting this, I am tired of changing the goddamn combination over and over!
cooking is. Everything raw, that's the way.
Of-course for a vegetarian it's a much easier proposition.
correction to this:
Well, that is the answer: income taxes rob you, gov't is robbing, you are much better off investing yourself, but they won't let you.
- the correction is that by the looks of it, they don't need to 'not let' you, you are quite happy doing it yourself. You believe gov't is there to take care of you economically. When it fails (and it will) to do so, you'll have somebody to blame, but in reality you are to blame yourself.
You were civil?
Epithets such as "libertarian loon" don't help you to look civil.
Saying to someone in a comment their position is "utterly stupid", that their statements are "inane", going on about "walking museum of wingnuts cliches", and in general dismissing an argument as "fringe" and "self serving" and basically creating a huge ad hominem as a response to comment that is actually quite polite...
Yeah, I would say that your comment before last is the most civil out of this conversation.
Your entire argument is constructed around a gigantic ad hominem, thus I suggested that you should go chew on a big one, I think that response is actually quite mild compared to your initial attack.
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We disagree completely on the effect of government spending, I find your rationalizations nonsensical.
- I find that your argumentation is illogical and is based on ideology rather than understanding of economics.
Your explanation of trade imbalance ignores the fact that China has pegged the Yuan to the dollar, and therefore, a trade imbalance can not effect currency exchange rates.
- the entire credit to the USA and all of the imports to the USA is based on the Yuan being controlled by Chinese gov't, and it is their mistake, they should let it go and then the imports into US will stop, the Yuan will become de-facto world currency of exchange and US t-bills will no longer be rolled over. You believe that USA will benefit if Chinese currency is let to bet at where the market takes it, I agree with that. China should let the Yuan go where market takes it and the credit to USA will stop, the USD will fall to something like 20, the price of oil in dollars will go up up up and the US gov't will be forced to declare bankruptcy or print the USD out of existence (and it will do the latter).
You have a basic misunderstanding of economics as well. You don't seem to understand that money spent does not disappear. When people save money rather than spend it, where does that money go? Into unsold inventory.
- USA imports will stop and Asia will start consuming its own products, as it should, the quality of life in Asia will go up and quality of life in the product and credit deprived USA will drop like a stone, and this will happen anyway.
That is your big investment, stuff people won't buy.
- in the US. Stuff people will not buy in the US, as they do not deserve that stuff because the trade imbalance shows they are not participating in a two way exchange in the economy, they are taking and not giving back.
However, when people buy stuff, the money they spent can be reinvested in producing more stuff.
- In Asia.
And it will be invested like that, because the demand is already there.
- demand exists always. Ability to pay disappears as productivity goes down. You cannot consume if you do not produce. Gov't does not produce, it borrows and prints, it can prop up your consumption by giving you free money, but it can't give you a meaningful (in the sense of marketplace) job/work, as any gov't job is quite useless to the trade deficit and often is detrimental to many people, as in wars.
If people are not buying things, and they are 'saving' their money, what will the wealthy do?
- if people are saving their money they are gathering a capital, they are putting together a capital. Capital is savings. Savings is capital. Capital can also mean assets, but assets are savings.
Gathering capital allows one to use that capital to become a productive member of economy by creating a business, by investing into a business. People with little money, but with more than what gov't leaves them with after taxes and after having to pay for the overpriced big ticket items, like houses, at prices propped up by gov't to create an illusion that bank
Aah, so you are back to being civil in a conversation? I wonder why.
Government is the force that is giving everything to the rich right now and will keep doing so. There will be more bailouts and so called stimulus, which always has some effect to point at, like that cash for clunkers nonsense, sure, sales will go up. The economy will suffer consequences of that money being spent for no reason because those are the resources not allowed to be invested privately. There is only a limited amount of credit, credit cannot be created by gov't magic, credit is provided by creditors outside of USA. The rest is printed by the Fed and has an effect of inflation, which hurts all USD holders.
Gov't gives money to military contracts, insurance, banks, bailouts... I don't need to repeat anything, all of this ends up going to the 'rich' you hate so you are arguing against the rich ideologically and for the rich practically, which is not a tenable position.
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But the main point, the main point that you obviously do not understand, you refuse to admit or something like that is that gov't spending is detrimental to economy in totality and will worsen the structural problem that USA (and other countries like UK, Spain, Portugal, Hungary, Italy..) is facing.
The structural problem is lack of productive jobs that can reduce the imbalance in trade, balancing out the deficit is the only solution to the economy that is dying the way it is now. Spending borrowed/printed/taxed money on purchasing imported goods improves balance sheets of the companies who import into USA but it does NOTHING to improve economy of USA because it does not create jobs.
The only jobs that matter at this point are production/manufacturing jobs, all other jobs, that do not decrease the trade imbalance no longer matter because the credit available to the US is constantly going down with every dollar that US exports for an imported product.
Spend all of your money on buying products and not investing into jobs and you have failed fixing the economy. But it cannot be gov't, that invests into creating jobs. Gov't created jobs do not reduce trade imbalance because they are never jobs that are either competitive or useful to people in other countries, who are sending credit in form of products and money for t-bills into USA.
Gov't at this point is bankrupt, it can never repay the debt that it accumulated BECAUSE there is a huge trade imbalance. There is no mechanism, by which the debt can be repaid through gov't work.
What will end up happening, once the credit stops and USD crashes, is that imports will stop and the creditors will no longer buy t-bills and will no longer provide US with any products USA needs to enjoy its high quality of life.
USA WILL BECOME A NET EXPORTER OF RAW MATERIALS!
USA's only path is the path of USSR - export raw materials and probably weapons. But any country that exports raw materials ends up with poor population, who are not productive because they are both uncompetitive and are living an a dole. The gov't will collect most of the money from raw material exports and will dole out the food/money/apartments inside the country. Living that way means forget your Freedoms, forget your quality of life, forget any ability to make a better life for yourself.
Keeping the gov't the way it is will only speed up this problem, gov't will grow more and more and will eventually, once it crashes the USD become what all such gov'ts tend to become (which is described in Plato's Republic) a dictatorial gov't with unlimited powers over all citizens (comrades.)
As to not being part of that community, of-course not, people who understand what is happening are and will move their capital out of the countries that are set on this path to self devouring through gov't and will move out to more productive and at some point free societies, because freedom is your ability to live independently of gov't in a working economy, which is about by producing and exchanging goods with other
The rich have taken, but they will take more. There will be more bailouts there will be more 'stimulus' and all of that money will be taken by the rich. They are taking everything they can, they know this well is drying out, the best thing to do is to take whatever can be taken and to move it out of the country quickly.
The correct solution is to stop gov't spending. Stop gov't bailouts. Stop gov't 'stimulus'. Stop gov't borrowing. Stop gov't printing. Stop gov't setting interest rates. Stop gov't building empires and bring back all the troops, within a month, a month should be enough to bring home all troops from the entire world, from all bases. There is no reason for bases in a hundred countries, there is no reason for any wars but to take more money and give it to military contractors. Stop 99% of gov't spending, liquidate the bankrupt gov't through sale of assets.
The way to allow small businesses to start is to stop all regulations. Stop all income taxes and have some minimal sales taxes. Stop printing, save the dollar. Allow people to save their money and start small businesses, allow wages to drop where should be to be competitive, allow home prices to drop where they really must be, much lower than what gov't is trying to hold them at by propping up mortgage lenders. This entire house of cards needs to come down so that small businesses can be started.
Without savings and with spending the credit that otherwise goes to gov't spending/stimulus/bailouts will go to the private sector, small businesses. Credit does not appear by law, credit is a function of economy, and gov't is taking credit away from productive economy.
Demand ALWAYS exist, you fucking piece of shit cock sucking cockroach slime ball. You cannot stop your stupid useless pathetic limp body from demanding food, shelter, energy even clothes, medicine (whoever much viagra you take), fuel and yes, various forms of communication and entertainment.
Your pathetic ability to PAY may be gone due to your pathetic body not producing anything of any use to anybody but worms.
The companies importing into USA will stop and will sell to Asia, where the demand is artificially lowered by an artificial peg to the US dollar. The dollar will crash, the Asian market will consume everything that is currently imported into USA and people will understand how stupid they were for allowing the US to steal the goods from them for useless pieces of green paper.
And even by your logic, producing more stuff will not produce the ability to pay for that stuff
- you fucking retard. People exchange goods for things, in US they make almost no goods, it is clear from trade imbalance. Start producing goods and you'll be able to exchange them, and you don't need any specific currency for it, contracts pegged to gold will do, anything will do that is not printed out of existence and USD will be.
By making things you get the ability to consume things by exchange. Only exchanging things is meaningful in the market, paper is a convenience at best, a destructive force at worst.
Yes, I said TOKENS, I really said TOKENS and absolutely meant TOKENS, WHATEVER THEY ARE. I didn't even think about gold, only tokens. USD is a token, but it will be printed out of existence by US gov't.
You know what, I wish you to get what you deserve.
I have no doubt in my mind that not a word will be listened to, but it will not happen precisely because it is the actual correct description of the problem, and while you bitch about this being a position of 'rich' and 'libertarian loons', the exact problem is that the richest are against this happening completely and utterly.
The richest benefit an insane amount from gov't doling out the money. Bailouts, stimulus spending, where do you think the money ends up?
Bailouts end up directly in company's management bank accounts and stimulus spending ends up in the same place, but it filters through the population first, sure, so instead of giving money directly to a gov't ran car company, the fake money goes to the unproductive population, who then give it to the uncompetitive car company.
Since you do not understand what demand is, I'll explain: demand always exists. DEMAND ALWAYS EXISTS. Ability to PAY does not ALWAYS exist.
But the problem with economy now is structural, it's an economy that relies on import and credit, and both credit and import come from the same sources now, so there is a very significant problem with that, in that the creditor will wake up (as they should) and stop this insanity and will stop giving credit and import to the borrowing consumer, who is always ready to eat everything thrown his way (US 'customer').
In a WORKING economy, people exchange PRODUCTS and money is only a TOKEN of exchange. In what US now people are taking products and giving back pieces of green paper that's becoming less and less useful fast.
So, yes, you fucking idiot, demand never dries up, but ability of people to participate in an economy in a meaningful way disappears as they stop producing, go chew on a big one.
What loopholes? What loopholes? You can have a corporation anywhere in the world and have dividends paid to you anywhere else in the world. However at some point there is no actual incentive to reside in US or even to be a US citizen even to do business in US, it doesn't have any advantage, when in fact most of the goods consumed in US are imported. What's the advantage living in US, where the trade imbalance and dollar printing will eventually cause a huge drop in quality of life?
It's going to happen, it only makes sense to move both, business and pleasure outside and move semi or fully permanently to Asia.
There is no such thing as lack of demand, there is only lack of production. You know what the US gov't is doing all the time? It's giving people fake money, it's borrowing and printing and borrowing more and setting interest rates to nothing. That creates false demand where there SHOULD NOT BE demand because people are jobless and not producing anything. You know what is actually causing lack of demand? Lack of jobs, lack of production.
If you have no production and people are unemployed, they have nothing to exchange for the goods that they consume and the credit will disappear eventually and they'll be stuck with NO money and NO goods. What they need is not what gov't can do: productive private sector jobs in manufacturing and production, that produces STUFF that can be traded to other countries for the STUFF that other countries are giving US on credit.
Money is nothing, if money meant anything then US Fed could print all the money and give it to everybody. They could give every single US resident a billion dollars. Much good the money will do when the dollar is destroyed by hyper inflation. But it's going to happen anyway because t-bills are all short term and the world is realizing US can't pay back, so it's not too far away that the creditors decide not to roll t-bills over, but will want their principal back.
And there is nothing that gov't can do, it can only print USD to buy t-bills back, which will undermine everybody who is USD holder.
The CORRECT way of handling this problem is for the gov't to be HONEST and declare bankruptcy today. Today, they have to declare bankruptcy today, so that creditors can get in line and get not 100% of investment + interest, but maybe 10% back on a liquidation sale. There is nothing else gov't can do.
But we know that US gov't will not do what is right but tough, they will do what is wrong but easy, and so they will continue printing and borrowing and various forms of stimulus spending until there is an actual collapse of the dollar.
And all that because the gov't is standing in the way of production with regulations/taxes/subsidies/bailouts/stimulus/borrowing/printing/setting 0% interest rates/being involved in economy.
It's a crisis and in crisis something will give, if the gov't won't give and won't do what's right, the economy will give and die. I think that's going to be the outcome, I believe the US economy is terminal.
It is also likely that UK will follow with some marginal European countries, the Euro probably will be destroyed but strong European countries like Germany will go back to their own currency and Asia will have to write off the debt they are holding for all these bankrupt nations and will bounce back stronger once it stops subsidizing the non-productive parts of the world and finally allows its currency to rise and will start consuming and quality of life in Asia will go up and up, while in the countries with no production, no economies, no currency the quality will be destroyed, and knowing the gov'ts there, probably some form of very unpleasant dictatorship will follow. Obviously wars are also a possibility, they always are in such times.
Except that nobody who is not an idiot or an insane person paid that 90% income tax, and because people who make that money don't have to take it out of a business as a personal income, they can get dividends instead and today is not the fifties, today money is transferred from a continent to a continent 5 times a day (Hong Kong, NY Globex, London, NY Nymex, NY Globex, Sydney and back to Hong Kong) and there are plenty of places on the planet where there are no federal income taxes, welcome to Switzerland as an example. Germany and France are now trying to attract trade floors away from US and UK, they are working on incentives, manufacturing and production has moved to Asia, basically you have no structural system that can hold on to people's money (well, money of people who count.)
I am against all income taxes completely, they remove incentives to invest and they only provide incentives to spend. Instead all income taxes need to be abolished, gov't spending needs to drop by 99%, gov't must live within its means, there needs to be an incentive to produce, not to consume, interest rates need to be set by the market, so that all money is not printed by gov't and then given back to gov't through t-bills, the entire process is set to ensure that economies of industrialized world crashes, to understand it just look at the trade imbalances, gov't borrowing and printing, tax laws, regulations.
We just talked about this - copyrights and patents are part of the problem, just like all other gov't involvement into economy, it all is responsible for the economic crash.
There is a beautiful replacement, Russia and probably Canada are full of it - natural gas.
Trade balance is huge, and it's not about oil. All of the oil trade is balanced by food exports from US.
Oh, and I forgot to mention: copyright and patent laws. Patents helped IBM and eventually MS as well, copyright was the principle that Gates used to lock others out from redistributing code, so the entire gov't system is set up to create monopolistic behaviors.
Easy, exclusive contract with IBM, which was even sued by USA for a decade before the suit was dropped. IBM always benefited from gov't subsidies and taxes and regulations and contracts, it even started as a census counting firm with US gov't and it benefited greatly during the WWII by selling hardware and business skills to the fascists to help manage the concentration camp prisoners, weapons, trains, army troops, everything.
what, you don't think you are a serf now? Serf to your mortgage at your bank, which is part of your gov't due to subsidies and 0% interest rates?
You are not a serf? My plan is returning to the principles of Constitution, by which you are a Free person. Your response, more like a knee-jerk response, is an example of how far the US has moved away from Constitution, both physically and mentally.
cantons, not states. But Switzerland is MOVING in the right direction, it is going to abolish the mandatory military eventually. However most importantly is that federal gov't is not collecting income tax, that taxing is about cantons, and income is not necessarily what they do, there is competition between them. As to informing upon moving - that's the entire Europe's problem (and Russia's as well.)
forget about gdp and the manufacturing output, only 1 thing counts in a global economy where your creditors are other nations: trade balance. You don't have it, you have a huge imbalance, this means you are not trading fairly, for products you do not give back products but paper, and those IOUs are only good for a while, soon the t-bill bubble will burst and take down the dollar.
And you don't have any interesting 'news' for me. Oil is going to end? Sure, eventually it will end. I was talking about all natural resources, not just oil, but we will not see oil ending this century, it will be a more expensive barrel that is harder to extract, however ending oil dependency is not a bad thing, we have to move on anyway, nuclear must be the correct direction, all the other alternatives will cover some local needs, but nuclear is what we must do more and more globally.
Oh boy, am I tired from people replying to this thread without reading it, it's all the same all the same all the time.
Yes, that's the point that everything can be bought and sold, why is selling your property to the highest bidder a problem again? If you cause damage to your neighbor's property, you will have to deal with the neighbor, if you cause damage to many neighbors, you'll have to deal with many of them.
1. Lawsuits usually do not go away just because you sell your property.
2. Anybody buying a property will have to do all the fact checking with a lawyer, just like you have to do now, to see if there are any outstanding legal/financial/environmental issues with the property, full disclosure.
So what is the problem and what is the difference between that and what's happening now again from your perspective?
Standard Oil had six competitors by the time it was broken up, their numbers and size was growing, however you should look at all the monopolies that gov't DID create, all of them starting from phone and energy companies, proceeding to food and banks and insurance and transportation. Bailing out monopolies with borrowed/printed/SS money, stimulating monopolies with 0% interest rates, creating monopolies in military industrial complex.
Gov't has done more harm to economy than any other entity ever, and now the economy is suffering because of gov't intervention. I know it's not the 'wisdom' here, it's unpopular and considered to be a troll etc.etc.etc. Good.
When the US gov't collapses the dollar after printing it to buy back all the t-bills that creditors will be dumping, and then US economy will be destroyed because nobody will be trading with US and US has no production capacity to maintain its own standard of living and there will be riots and shortages, and gov't will implement a policy that is any dictator's wet dream and any human right activist's worst nightmare, the point made here just may be finally understood, or maybe not, people are not really that bright at figuring out what has just happened, less so figuring out what is happening and what is about to happen.
wow, you really need to stop eating gov't propaganda that much and stop assuming things about people you don't know.
Gov't is the actual reasons for having monopolies, except for DeBeers diamond cartel all monopolies outside of niche markets are gov't creations and are supported by gov't taxes, subsidies, regulations, bailouts, etc.
Event the actual antitrust law itself was first created and used for reasons that had nothing to do with monopoly power in the market and was a retaliation against a company wielding political power. Standard Oil wasn't a monopoly by the time it was broken up and even Standard Oil was helped by gov't ties to become what it was, though it was providing services at acceptable to then market prices. When it stopped, multiple competitors appeared.
cheers.
Gov't antitrust laws are killing the market system, just as everything else it does. If gov't didn't actually participate in economy, there would've been no monopolies except in niche markets. It wouldn't be a surprise if MS was using its gov't ties to try and destroy a competitor, a la guerre, comme a la guerre, but what is this doing to the economy?
My previous comment on this was silenced, let's see how it works out this time.
ce n'etait pas necessaire
I don't want to talk to you, you are making up positions for me as if they are mine in every sentence, it's like talking to a waterfall of verbal diarrhea, like this nonsense:
you believe very strongly in Marxist economics.
- you are like the most bizarre person, I do respond to people who talk to me normally, but you are just something else, I don't possess enough words in English language that can be used in this conversation, too bad you don't speak Russian or French, or do you?
Marxist economics? The guy who messed up even simple understanding of capitalism and mercantilism? Gold is worth nothing? You do realize that gold actually LASTS FOREVER even in harshest conditions, it's not paper and even by the mere fact of not corroding it stores value, do you? Gold is a natural limited resource and it make a great store of value, it's capital on strike, it's what always keeps value when currencies fail. It's not a question of what you believe, it's a question of HISTORY. History shows gold is valuable more than any paper. ALL currencies that existed eventually disappeared, and ALL currencies that exist today will disappear and people will continue still trading in gold. Even USA had gold backed currency until Nixon. Was USA Marxist? You are insane, purely insane.
You need to find somebody else to torture with your nonsense, bye bye.
all of the things you are describing are a function of a working economy, not of a gov't, as to insecticides, it's a private matter of people on their own property, same logic. Who's a gov't to tell me I am using 'too much fertilizer'? WTH? If my chemicals are getting in the water then it's a different issue, again same logic. Toxic waste disposal - if all land is private, it's up to the owners to decide whether they want to own a disposal location or not.
The beaches must be privatized just as well. The beaches mostly are private anyway, so no difference, same logic. Besides which, the entire point is that BP didn't care about liability, so they didn't care about procedures, in a system where liability are not capped by gov't, the spill could have been avoided and probably would have been, this was no accident, this was negligence BECAUSE the gov't socializes the costs. BP as a company shouldn't even exist. It's what used to be known as Anglo-Persian Oil Company, the one that used its gov'ts ties in UK and US to overthrow the democratically elected gov't of Iran, for crying out loud, this is insane how much this company gets from gov'ts in the way of all sorts of money and literally killing.
but that's another reason why we must NOT do regulations: nobody can predict all ways in which someone or something can be hurt. A gov't actually actively managing risk, that's first of all unheard of. Bernanke couldn't manage risk of falling off a chair, from 2005 straight to 2008 he was repeating the same thing: no bubble, it's just a temporary thing, everything is fine, prices for homes will stay up, all while setting low interest rates, creating more and more money, creating moral hazard with Freddie/Fannie, etc. Gov't can't manage risk of anything.
Actually trying to prevent all bad things that can be done by all companies in the private sector, requires at least as much resources as the entire private sector. 50% gov't by mass that would take from the entire economy, I wonder how many days that structure would last.
What I am proposing is much better from point of view of economy, that's first, and from point of view of actual outcomes for the environment, that's second.
Economy, because there would be nothing to corrupt, no matter how much money a company was willing to spend.
Environment, because actual owners of property are better at managing risks and costs and damage than somebody sitting in a gov't building somewhere, never caring about that property, because it's not theirs and at the same time being lobbied with millions of dollars to set liability caps, having actual sex with the industry representatives and snorting speed of a toaster.
I would imagine that you could sue anybody for all of those things today anyway, it's up to the courts, but I believe most of what you propose for lawsuits would be considered frivolous, I did say I am for a WORKING Justice system, not for a clogged one, didn't I?
As to your entire argument about 'green house emissions' if the damage by separate people is negligible, then you can't argue for any damage at all! Can you actually PROVE that there is damage?
Right, but the correct response is not going to come from gov't, it's going to be some new tech from private sector that will eliminate dependence on oils, whoever comes out with this will become a trillionaire, so there is a good incentive.
Gov't is not there to protect you from not having your neighbors bees either! Since those are not your bees, you have pretty much no moral right to sue anyway, get your own goddamn bees!
People today do NOT GET THE KIND OF PROTECTION that you are advocating here for! It's amazing that you are going out of your way to try and come up with examples, none of which you get any protection from by your actual gov't. Is there some magic place in your head where you keep the gov't you'd LIKE to have because the one you have doesn't give a shit about common resources the way you present and that's because the actual real gov't consists of people who just want to take something, they are not owners of a land or air or water, what do they care? BP spill was not the first, it's not going to be the last and there is nothing that gov't will do about it and you still argue that it is the correct way to continue, are you in some sort of a loop?
You have so many things to say as a response to my very simple message, it's incredible.
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1. Gold makes sense today as much as ever as a store of value.
If you don't think so, then don't go to kitco.com and don't check out the prices of gold,
silver and other metals. But a hint: they are going up because fiat currencies are being destroyed by printing.
Gold is what some call: capital on strike. It means the times are bad and getting worse. Save your money, throw it out and get gold instead.
What your problem is that you don't understand what money actually is. Money is a token of value, which can be printed only by a producer of value.
When gov't prints money without adding value to the economy, it simply reduces everybody's value of money and that's inflation and that causes prices to rise.
It's like a tax but it's invisible.
Money should only be printed by private companies that produce value: you add some value by taking a resource and turning it into a product that has some price
on the market, you can then print as much value as you produced on a token, that's real money, that's how they do it in Hong Kong (well, there are 3 private banks that
print money except for the city gov't itself). Of-course this also leads to natural inflation, because products get consumed, but the tokens stay, but this inflation is much
lower than what gov't does.
2. About 100 people: you are a naive person, I am talking about very hypothetical situation. However my great-grandparents, who lived in Ukraine, had 18 kids,
15 were killed by USSR's communists during thirties as was my great-grandmother. They were pretty much self sufficient on their farm, but the village had some other workers
like a blacksmith for example. Yes, they didn't have computers, but they farmed themselves and fed themselves. Even further out people survived by hunting/gathering, and those 100
people would become hunters/gatherers/farmers, obviously they wouldn't have nice Nike shoes or TVs. So your point is kind of stupid.
3. USSR was wrong because it took things from people who made them, and stole those things (like food and buildings, and lands, etc) and destroyed the people who
could work and make things and it sold those things. What they created is a crowd of people unable to think and provide for themselves. They de-evolved people.
Not everybody, but a lot of people. Those who didn't de-evolve did better, invented something, but during Stalin it was very dangerous to be an enterprising person like that.
4. Gov't is the cause of the very unequal society, I already made that point. Gov't kills off competition and creates monopolies, thus you end up with very unequal society.
There is nothing else to add here.
5. You are not only ignorant of economics and politics, but you don't even understand what dictatorship means! I am so wasting my time on you, because you are definitely not
going to learn anything from this, unbelievable. A dictator would have a HUGE GOVERNMENT. MUCH BIGGER than any 'democratic' gov't. You are so bizare as a person, it's like
talking to an alien.
6. Control and regulations are only what you want them to be, and I don't want a gov't controling and regulating anything. I want OWNERS to do their own work and to take care of their own properties.
7. Microsoft is a success built on a contract with a monopolist: IBM. IBM was even sued as a monopolist at some point by US gov't and gov't lost over a decade of battling. It is always a huge
irony to see a gov't suing a company for using its monopoly power illegaly, when the company became monopoly due to huge deals with gov'ts.
Anyway, you are so tiring and useless and ignorant, it's like talking to an ant, I can't continue with you, you are wrong on every single thing, must be a very easy life for you, because ignorance as they say, is bliss.