Calling an African who has never left Africa a Scotsman is valid, then? Capitalism and fascism are well defined. Just because you don't care to learn the definitions, and want to twist words so that you are always right without the burden of having to look for the truth doesn't mean that you will get away with it unchallenged.
And the Fed ended the era of free money. If the boat of capitalism was leaky prior to 1913 (yet is still worked amazingly well, because it wasn't too far away from the ideal, unlike Communism, which apparently only works if perfectly implemented, and kills an exponentially increasing number of people the closer you get to perfection without hitting it exactly right), the installation of the central bank flipped it over, and it has been the Poseidon Adventure ever since. The Federal Reserve is the ultimate regulatory authority. They regulate interest rates, which are supposed to reflect the time preference for money. By setting them too low, they get growth, but it is unsustainable. This is why the roaring twenties ended in the Great Depression. This is why the era of guns and butter ended in a decade of stagflation, and it is why the roaring 90's ended in the Greater Depression.
Don't push your idiotic racism and collectivism off on me just because you don't like my ideas.
If the government recognizes the free market, then they don't have any rent to seek. That is why Standard Oil reduced the price of Kerosene by 90% from the time they started to the time they were broken up, well after they had reduced their competition to shambles.
The only bad anti-competitive behavior is behavior that includes arbitrary force. Doing things like lowering prices to squeeze your competition only drives those who are too inefficient to compete out of the market place, making room for those who ARE. This is why even with his 90+% monopoly on oil, Rockefeller never raised the price of his product substantially. If he had, other companies would have sprung up to take his market share.
Yeah, like that bastard Rockefeller and his Standard Oil!
You know that bastard had the gall to reduce kerosene prices by 90% with his evil monopoly!? Not only that, but he invented corporate R&D! That fucking asshole! If he had never been allowed to form his monopoly, we would all still be able to get poorly refined oil products shipped over trackless wastes by teamsters who would beat up anyone who horned in on their territory. God, those were the days.
Simple, eliminate the central bank, and thus allow the market to set interest rates, and determine who fails and who wins according to their own merits.
The only reason that banks are able to steal from people and wreak havoc on the economy is because of regulations regarding setting of interest rates. That has been the problem since day one. It caused frequent, shallow, recoverable recessions to become infrequent, devastating, potentially collapse-inducing depressions. They caused the Great Depression after they caused the roaring twenties, they caused the Stagflation of the 1970's after the guns and butter of the 60's, and they caused this Greater Depression after the roaring 90's. It is madness, and anyone with a lick of common sense and the inclination to examine the evidence can see it.
So you are saying it is better for governments to privatize gains and make losses public, as they do now, and have done since the inception of the central bank? You do realize that the central bank artificially sets interest rates, and thereby can force spending to happen, and thus cause capital destruction at will, right? You do realize that the central bank is 100% privately owned, and is not regulated or overseen by anyone other than bought and paid for congressmen, right?
Is there any possible way that we could stop confusing capitalists with fascists? Capitalists don't hide behind government force to do business. The US switched away from capitalism in 1913 when it established a central bank, and has at best been a mixed market since. With government intervention in the markets at an all time high, what we have now is the opposite of capitalism, which is a terrifying blend of socialism and fascism--the type that presages the fall of a once-great power.
Not because A student has A Pell Grant, but because ALL of their students have access to ANY AMOUNT of money via government guaranteed loans.
You might as well tell us that housing prices didn't go up due to lax lending standards. Same damn thing, only now the debtors can't get out by any reasonable means.
How many new aircraft manufacturers have started since that time? How has the service and quality of commercial flights been since then? Not all regulation is the same, some just slows progress, while some blocks it, and some simply destroys the industry.
Seems to me that everytime your regulators get involved, we wind up with just a few remaining zombie companies on government life support. This is the case with every industry from aerospace to automotive to financial. And those big boys have their claws in Washington. If they don't like some regulation, it's out. The remaining ones are aimed squarely at startups. You have to be some kind of crazy rogue billionaire to start a business in one of those walled garbage dumps.
No, you simply misinterpret the comment by taking it literally/applying it to history in an invalid manner. There are but very few city states in existence these days, and none of them are warlike. Sure, to be more precise, he could have said that the US was not at war with a group, but a tactic and been more correct, but non-pedantic people understood perfectly well what he was getting at.
They will eventually take the lead, demanding more regulation in order to crush any potential new competition. You know, like the car companies and the airlines.
Are you willing to halt all spaceflight in order to meet those regulations? That may be what happens. Just like with nuclear power, which is now frozen in place with crippled 1950's era technology, the space industry will wind up being frozen as well. Maybe we will get lucky and the militaries will pick up the slack. Of course, they have no economic disincentives against polluting NEO, so they will do what they did to my hometown by dumping their degreaser onto the ground (and subsequently the water table)--utterly ruin everything for everyone.
Which is like claiming that the US is the only nation that issues driver's licenses. There were states of various types before that, and they went to war. Just because there was a formalized treaty that recognized states doesn't mean they didn't exist before that. You might as well claim that time didn't exist until the first clock was made.
You claimed that education isn't about getting a job, when it clearly is. If you want to take extra classes, no-one is stopping you, but to force them on people by holding their future hostage is rather barbaric.
You can't cheat on the in person qualification exam. Or rather, you can't cheat any more easily than someone cheating their way through a regular program could.
If you are enough of a self starter to take and finish an online degree, you are enough of a self starter to start and run your own business. Then your "salary" will only depend on the quality of your work and market demand for your product. Then it comes down to having the right product at the right time, same as it has always been. The difference being that now businesspeople can empower themselves with knowledge without taking on debt. There is no set of circumstances where that isn't a major plus for humanity.
You miss the point. Yes, the deductibles are high, but your premiums are so low that they offset that, and you simply stick the money you would have spent on premium into your savings account, and that covers your deductible within a few months. You shouldn't have to save much to get over that deductible.
And as someone who participated in getting a class II medical device approved by the FDA, I can tell you that it ain't the tag that is expensive, it's the regulation.
I love it when people make shit up on the internet.
You might as well claim that alcohol should be illegal because the mob was a major seller of alcohol during Prohibition and they also participated in sex trafficking, therefore alcohol==child rape.
Supply and demand indicates that it would actually increase the price of such materials to the point from free to something much higher than free, creating an economic incentive to harm children. You know, sort of like drugs.
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Right, because Mugabe was a big business owner, not dictator for life.
Calling an African who has never left Africa a Scotsman is valid, then? Capitalism and fascism are well defined. Just because you don't care to learn the definitions, and want to twist words so that you are always right without the burden of having to look for the truth doesn't mean that you will get away with it unchallenged.
And the Fed ended the era of free money. If the boat of capitalism was leaky prior to 1913 (yet is still worked amazingly well, because it wasn't too far away from the ideal, unlike Communism, which apparently only works if perfectly implemented, and kills an exponentially increasing number of people the closer you get to perfection without hitting it exactly right), the installation of the central bank flipped it over, and it has been the Poseidon Adventure ever since. The Federal Reserve is the ultimate regulatory authority. They regulate interest rates, which are supposed to reflect the time preference for money. By setting them too low, they get growth, but it is unsustainable. This is why the roaring twenties ended in the Great Depression. This is why the era of guns and butter ended in a decade of stagflation, and it is why the roaring 90's ended in the Greater Depression.
Don't push your idiotic racism and collectivism off on me just because you don't like my ideas.
ITT people who have no idea why third world countries are poor.
If the government recognizes the free market, then they don't have any rent to seek. That is why Standard Oil reduced the price of Kerosene by 90% from the time they started to the time they were broken up, well after they had reduced their competition to shambles.
The only bad anti-competitive behavior is behavior that includes arbitrary force. Doing things like lowering prices to squeeze your competition only drives those who are too inefficient to compete out of the market place, making room for those who ARE. This is why even with his 90+% monopoly on oil, Rockefeller never raised the price of his product substantially. If he had, other companies would have sprung up to take his market share.
Wal Mart wrote the regulations. Or did you forget that corporate lobbyists write all of our laws?
Yeah, like that bastard Rockefeller and his Standard Oil!
You know that bastard had the gall to reduce kerosene prices by 90% with his evil monopoly!? Not only that, but he invented corporate R&D! That fucking asshole! If he had never been allowed to form his monopoly, we would all still be able to get poorly refined oil products shipped over trackless wastes by teamsters who would beat up anyone who horned in on their territory. God, those were the days.
Simple, eliminate the central bank, and thus allow the market to set interest rates, and determine who fails and who wins according to their own merits.
The only reason that banks are able to steal from people and wreak havoc on the economy is because of regulations regarding setting of interest rates. That has been the problem since day one. It caused frequent, shallow, recoverable recessions to become infrequent, devastating, potentially collapse-inducing depressions. They caused the Great Depression after they caused the roaring twenties, they caused the Stagflation of the 1970's after the guns and butter of the 60's, and they caused this Greater Depression after the roaring 90's. It is madness, and anyone with a lick of common sense and the inclination to examine the evidence can see it.
So you are saying it is better for governments to privatize gains and make losses public, as they do now, and have done since the inception of the central bank? You do realize that the central bank artificially sets interest rates, and thereby can force spending to happen, and thus cause capital destruction at will, right? You do realize that the central bank is 100% privately owned, and is not regulated or overseen by anyone other than bought and paid for congressmen, right?
Is there any possible way that we could stop confusing capitalists with fascists? Capitalists don't hide behind government force to do business. The US switched away from capitalism in 1913 when it established a central bank, and has at best been a mixed market since. With government intervention in the markets at an all time high, what we have now is the opposite of capitalism, which is a terrifying blend of socialism and fascism--the type that presages the fall of a once-great power.
Not because A student has A Pell Grant, but because ALL of their students have access to ANY AMOUNT of money via government guaranteed loans.
You might as well tell us that housing prices didn't go up due to lax lending standards. Same damn thing, only now the debtors can't get out by any reasonable means.
How many new aircraft manufacturers have started since that time? How has the service and quality of commercial flights been since then? Not all regulation is the same, some just slows progress, while some blocks it, and some simply destroys the industry.
Seems to me that everytime your regulators get involved, we wind up with just a few remaining zombie companies on government life support. This is the case with every industry from aerospace to automotive to financial. And those big boys have their claws in Washington. If they don't like some regulation, it's out. The remaining ones are aimed squarely at startups. You have to be some kind of crazy rogue billionaire to start a business in one of those walled garbage dumps.
No, you simply misinterpret the comment by taking it literally/applying it to history in an invalid manner. There are but very few city states in existence these days, and none of them are warlike. Sure, to be more precise, he could have said that the US was not at war with a group, but a tactic and been more correct, but non-pedantic people understood perfectly well what he was getting at.
They will eventually take the lead, demanding more regulation in order to crush any potential new competition. You know, like the car companies and the airlines.
Are you willing to halt all spaceflight in order to meet those regulations? That may be what happens. Just like with nuclear power, which is now frozen in place with crippled 1950's era technology, the space industry will wind up being frozen as well. Maybe we will get lucky and the militaries will pick up the slack. Of course, they have no economic disincentives against polluting NEO, so they will do what they did to my hometown by dumping their degreaser onto the ground (and subsequently the water table)--utterly ruin everything for everyone.
Yay regulation!
Kill it in the crib, before it makes us irrelevant!
Which is like claiming that the US is the only nation that issues driver's licenses. There were states of various types before that, and they went to war. Just because there was a formalized treaty that recognized states doesn't mean they didn't exist before that. You might as well claim that time didn't exist until the first clock was made.
You claimed that education isn't about getting a job, when it clearly is. If you want to take extra classes, no-one is stopping you, but to force them on people by holding their future hostage is rather barbaric.
Then try getting a job without an education.
You can't cheat on the in person qualification exam. Or rather, you can't cheat any more easily than someone cheating their way through a regular program could.
If you are enough of a self starter to take and finish an online degree, you are enough of a self starter to start and run your own business. Then your "salary" will only depend on the quality of your work and market demand for your product. Then it comes down to having the right product at the right time, same as it has always been. The difference being that now businesspeople can empower themselves with knowledge without taking on debt. There is no set of circumstances where that isn't a major plus for humanity.
You miss the point. Yes, the deductibles are high, but your premiums are so low that they offset that, and you simply stick the money you would have spent on premium into your savings account, and that covers your deductible within a few months. You shouldn't have to save much to get over that deductible.
And as someone who participated in getting a class II medical device approved by the FDA, I can tell you that it ain't the tag that is expensive, it's the regulation.
I love it when people make shit up on the internet.
You might as well claim that alcohol should be illegal because the mob was a major seller of alcohol during Prohibition and they also participated in sex trafficking, therefore alcohol==child rape.
Supply and demand indicates that it would actually increase the price of such materials to the point from free to something much higher than free, creating an economic incentive to harm children. You know, sort of like drugs.
It was common practice in my school district to have the coaches teach science. Can you guess how well those guys know their science?
You could do that, and still count electrons on your fingers without a problem.