The milibite of the night

Originally posted by normbenign
"Republicans as out-of-touch ideologues who prescribe tax cuts as the medicine to cure all that ills America. 'Feel a cold coming on?' he said, asking as the GOP. 'Take two tax cuts, roll back some regulations and call us in the morning."

The Democrat equivalent is, "Raise taxes, especially in the rich, regulate favoring our constituents like labor, gi ...[text shortened]... s money to cronies, and blame uncooperative Republicans for the failure of these policies.

Pulling some money out of that 5 trillion dollar windfall the top 2 percent are sitting on, and throwing into the economy would actually help.

Originally posted by Kunsoo
Pulling some money out of that 5 trillion dollar windfall the top 2 percent are sitting on, and throwing into the economy would actually help.

If businessmen are really "sitting on" 5T, it is their money. It isn't a windfall. Most businesses, if you haven't noticed, are suffering in this economy. And they aren't stupid. They hear a President who is aggressively antagonistic toward high earners, and private enterprise, except for his cronies. His signature legislation created great uncertainty about employee costs, and the many waivers go to folks who cooperate with him.

$5T is chump change compared to the excessive spending of our government in less than one full term. Obama could nationalize that wealth, and still run a substantial deficit without breaking a sweat.

Originally posted by normbenign
If businessmen are really "sitting on" 5T, it is their money. It isn't a windfall. Most businesses, if you haven't noticed, are suffering in this economy. And they aren't stupid. They hear a President who is aggressively antagonistic toward high earners, and private enterprise, except for his cronies. His signature legislation created great uncertain ...[text shortened]... ould nationalize that wealth, and still run a substantial deficit without breaking a sweat.

"If businessmen are really "sitting on" 5T, it is their money." I suppose you could say that in regards to organized crime and their money.

Originally posted by kbear1k
"If businessmen are really "sitting on" 5T, it is their money." I suppose you could say that in regards to organized crime and their money.

Yes you could, and it is always Democrat liberals who compare all businessmen to criminals. Criminals are not a special class. There are crooks among all levels of success. I am intimately acquainted with the connections of organized crime with labor unions, and of the amount of theft by union and non union workers in a variety of industries.

Unfortunately, we create crooks, and organized crime by making voluntary exchanges between consenting adults criminal, such as gambling, prostitution, and using drugs. How hypocritical is it, for a government to criminalize voluntary acts, and then go after the people that attempt to satisfy the demands of the market?

Originally posted by normbenign
Yes you could, and it is always Democrat liberals who compare all businessmen to criminals. Criminals are not a special class. There are crooks among all levels of success. I am intimately acquainted with the connections of organized crime with labor unions, and of the amount of theft by union and non union workers in a variety of industries.

Unfo ...[text shortened]... voluntary acts, and then go after the people that attempt to satisfy the demands of the market?

You forgot to add the morally criminal folks who sit on the BODs of many of our corporations and stack the compensation boards with their cronies and give themselves nice bonuses at the shareholders and employees expense?

Originally posted by kbear1k
You forgot to add the morally criminal folks who sit on the BODs of many of our corporations and stack the compensation boards with their cronies and give themselves nice bonuses at the shareholders and employees expense?

There is a simple way to avoid supporting corporations you consider corrupt or criminal. Stop voluntarily buying their products. Or if you work for them, quit and find honest work.

Originally posted by normbenign
There is a simple way to avoid supporting corporations you consider corrupt or criminal. Stop voluntarily buying their products. Or if you work for them, quit and find honest work.

Yeah, and if you don't want to be mugged, just don't walk on the street.

Originally posted by normbenign
There is a simple way to avoid supporting corporations you consider corrupt or criminal. Stop voluntarily buying their products. Or if you work for them, quit and find honest work.

They buy their own products. They have a system where they are their own virtual economy in which they profit and yet produce nothing...and despite not being farmers or ranchers or any kind of worker whatsoever...somehow they eat.

Originally posted by Kunsoo
Yeah, and if you don't want to be mugged, just don't walk on the street.

There are some streets so dangerous that what you suggest is true, unless you can hire full time bodyguards.

Originally posted by normbenign
There are some streets so dangerous that what you suggest is true, unless you can hire full time bodyguards.

Some of us grow up on those metaphorical and literal streets.

Originally posted by AThousandYoung
They buy their own products. They have a system where they are their own virtual economy in which they profit and yet produce nothing...and despite not being farmers or ranchers or any kind of worker whatsoever...somehow they eat.

Cute. Perhaps an example of this economic model?

"They buy their own products" And how do they profit from that transaction? This is close to lunacy.

Originally posted by AThousandYoung
Some of us grow up on those metaphorical and literal streets.

Tell me about it. I fail to see any relationship even distant with the notion of quitting working for immoral corporations, or buying their products.

I simply will not buy from General Motors, and probably not from Chrysler. There are plenty of car corporations not taking direct orders from the government and sucking at the government nipple.

Originally posted by normbenign
Cute. Perhaps an example of this economic model?

"They buy their own products" And how do they profit from that transaction? This is close to lunacy.

They force price increases in products so they can collect rent. If the same people own the land food is grown on, the tools used to grow it, the houses the workers live in, the stores that sell the food, the trucks that transport the food, and all other physical wealth/economic capital then they can make the workers pay them to rent these resources.

There is some sort of formal name for it like "full spectrum monopoly" or something but I can't remember the name.

Originally posted by AThousandYoung
They force price increases in products so they can collect rent. If the same people own the land food is grown on, the tools used to grow it, the houses the workers live in, the stores that sell the food, the trucks that transport the food, and all other physical wealth/economic capital then they can make the workers pay them to rent these resources.

Read up on what "rent seeking" really is.

There may be a few micro economies where workers are trapped in virtual slavery. These are exceptions, not the rule. And those systems that do exist, only do so as a result of government rules limiting individual initiative.

Originally posted by normbenign
Read up on what "rent seeking" really is.

There may be a few micro economies where workers are trapped in virtual slavery. These are exceptions, not the rule. And those systems that do exist, only do so as a result of government rules limiting individual initiative.

There we go. It's called Rent Seeking.

http://en.wikipedia.org/wiki/Rent-seeking

That is what is screwing up the US economy. Rich people are rent seeking, have been for a long time, and their game playing is turning into amateur social engineering because they're so rich and they have propaganda and lobbyists and free time and arrogance so...