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the spoiled brat of a very OIL RICH....very CAPITALIST.. .FATHER.
The Creature from Jekyll Island : A Second Look at the Federal Reserve Paperback – May, 1998
by G. Edward Griffin (Author)
Take the average temperature of Norway, add about 40 degrees heat annually to that, open the borders (like the US)...then come back in ten years and tell us how Norway is
Because you're so wealthy and sparsely populated
...you can AFFORD IT.
United States 9,826,675 3,794,101 322,633,156 Density: 32.83 pop/km2
Only 5 million people live in Norway, but thanks to the country’s careful management of its oil wealth, the country runs the largest sovereign wealth fund in the world. Everything about the fund is big. Very big.
Reported assets, for example, totaled $890 billion at the end of June—that’s $178,000 for every Norwegian. And the fund holds around 1% of all the stocks and bonds in the world.
The USA does have a Sovereign Wealth Fund, after a fashion: the Social Security Trust Fund. However, it is invested incredibly poorly: in Government Account Series Treasury Bonds and Notes, whose return on investment doesn't even vaguely beat inflation.
This "investment strategy" was set by the U.S. Congress ostensibly because treasury securities are the safest investment there is and the public Bond & Stock Markets are "untrustworthy." However, every other investment fund of note in the world (including both private and public Pension Funds) invests far more widely and successfully in those public Financial Markets.
Some people just assume that, since the Social Security surplus was “borrowed” or “stolen,” during the period when it was not needed to pay Social Security benefits, the government will automatically repay the looted money when it is needed. It is not at all certain that this will happen. Where will the government get the money with which to repay the Social Security debt? Since the national debt has soared from $1 trillion in 1981 to more than $12 trillion today, and continues to rise at an alarming rate, the government will probably not be able to borrow money from the public to repay Social Security. This means that the only way the government can repay the Social Security money is by raising taxes.
Taxes have never been popular in this country, but they are probably more hated today than ever before. The large tax cuts under both President Ronald Reagan and President George W. Bush , and the rhetoric used to justify those cuts, have convinced many Americans that tax increases are just about the greatest of all evils and that tax cuts are almost always virtuous. Therefore, it is hard for me to believe that either the Congress or the American people would support a large tax increase for the explicit purpose of replacing tax revenue that has been misspent by the government. The government cannot just increase taxes when there is a need for more revenue. There is a very difficult political process that any tax increase must go through in order to be enacted into law, and I don’t think the public is in the mood today to support a large tax increase. If the government cannot borrow the money, or raise it through higher taxes, it will be unable to repay the looted Social Security money. If that happens, Social Security benefits will have to be cut.
Now that they are observing the never-avoidable PC/ one-world / anarchy that socialism must always embrace....they are done.
In all things where innovation, grit and hard work matter for the advancement of mankind...capitalism is the answer...no doubt...period...full stop. Just the facts. It incentives hard work, optimization, innovation and efficiency.
ALL completely socialist based govts. have fallen into cesspools many US troops died in.
We are a republic free to pick and choose by vote what we think works best
Hacking Democracy is the 2006 documentary film broadcast on HBO and created by producer / directors Russell Michaels and Simon Ardizzone and producer Robert Carrillo Cohen and executive producers Sarah Teale & Sian Edwards. Filmed over three years it documents American citizens investigating anomalies and irregularities with 'e-voting' (electronic voting) systems that occurred during the 2000 and 2004 elections in the U.S.A., especially in Volusia County, Florida. The film investigates the flawed integrity of electronic voting machines, particularly those made by Diebold Election Systems, exposing previously unknown backdoors in the Diebold trade secret computer software.
have a govt run health system
Our “socialist” president is doling out welfare payments–unfortunately, to one of the world’s most profitable and socially corrupt industries: pharmaceuticals. Barack Obama’s administration is ponying up $1 billion to create a new branch of the National Institutes of Health (NIH) designed to help Big Pharma develop new drugs.
The story in The New York Times and other media failed to mention what mandates, if any, would ensure that drugs developed on the taxpayer’s dime would serve pressing public health needs and be subject to price limits and profit controls.
The new project “is outrageous,” says Marcia Angell, former editor of the New England Journal of Medicine. Public subsidies for drug research, she says, mean that “taxpayers pay twice, first for research and development [R&D], and then they pay high prices at drugstore.”
Funding for the NIH’s new National Center for Advancing Translational Sciences was needed, the Times article noted, “because companies have neither the will nor the resources to undertake the effort,” given the cost of developing new drugs.
“They do have resources,” says Angell, now at Harvard University’s Department of Global Health and Social Medicine. “The public is supporting drug companies that make obscene profits. Indeed, the pharmaceutical industry keeps more in profits than it spends on R&D [a tax-deductible expenditure]. “
Big Pharma boasts that it put $45.8 billion into research in 2009, but that figure is better cooked than high-grade meth, and possibly more deleterious to public health. In fact, much of the R&D budget flows not to new meds, but to drugs designed to capture market share and evade patent expirations by changing dosages,
Grimpachi is correct.
The heart of government is the use of force to achieve political aims. Government is inherently socialist, because government has to seek funding for it's activities from those who produce (the tax payer).
marxism was written solely as an excuse by a filthy smelly bum who didn't feel like working. It was turned into a movement by people who couldn't think much past the level of a 14-year-old
originally posted by: Indigo5
originally posted by: jaffo
I am not afraid, I am opposed. My labors should pay to me exactly what I have earned. If I work harder/smarter/longer than you, I and I alone should enjoy ALL the fruits of my labors. I do not work to enable failure or defeatism or sloth. Want more? Work more.
as a nation there are some things we can not do as individuals..
If the road in front of your house was maintained by you and each and every home owner individually...It would be a pretty wild drive (including some strange tolls) to work every day....So we suck it up and say, this is something best done as a "society" and we should all chip in...
Ditto military, police, fire, etc.
I would argue healthcare should fall under this heading, because cancer and disease does not care about if you "work harder/smarter/longer"...
But I do agree in all things where "work harder/smarter/longer" matters...capitalism should be cherished.
originally posted by: ArJunaBugShow me one example in history of a socialist state that was good for the people. There isn't one. That's why people are afraid, at least the educated ones are.
Socialism simply means that society should be governed for the benefit of all the people in it, not for the benefit of any minority. You may want to read John Locke’s Second Treatise on Government - a truly socialist paper - as is the foundation of the American political system. You have been socialists since 1776. But since the McCarthy period, you are shunned away from it - the cold war is long over, but Americans are still in it, with many indoctrinated to believe that the essential values of Socialism - liberty, equality, brotherhood, dignity, solidarity - are wrong. Of course they aren't, even a child understands this, I can't see clothes on the naked emperor.