Ron Paul: "We're on the road to Nationalization", page 4

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reply posted on 12-12-2008 @ 10:54 PM by DavidU

I love how people are trying to blame the failure of capitalism on "socialism." To quote Einstein:

The economic anarchy of capitalist society as it exists today is, in my opinion, the real source of the evil. We see before us a huge community of producers the members of which are unceasingly striving to deprive each other of the fruits of their collective labor -- not by force, but on the whole in faithful compliance with legally established rules. In this respect, it is important to realize that the means of production -- that is to say, the entire productive capacity that is needed for producing consumer goods as well as additional capital goods -- may legally be, and for the most part are, the private property of individuals.

And before I'm lectured on how our current economic system is not a true "Free Market," I understand that, but it's essential to understand that this false idea of "self-regulation" is promoted by the same people in control of those corporations, who also fund Libertarian think-tanks. Self-regulation is the equivalent to NO regulation, and will only serve the interests of the corporations with disregard to the advancement of society as a whole. Socialism is the political ideology that places society over the individual... to what extreme is an entirely different issue.

reply posted on 13-12-2008 @ 12:02 AM by Lifthrasir

Originally posted by xpert11
reply to post by spacedoubt

IMO some of Ron more moderate economic ideas tend to be spot on and in essence this is one of those times . Rewarding bad bussiness practices with loans and subsides only leads an endless loop of failures that can only be broken by letting a company go broke .

This is precisely what Peter Schiff is saying. It was a good decision to have Lehman Bros. fail so that they're out of the question for bailout because they're "eliminated," and reaping their consequences for making mistakes and bad decisions... or the economy is purposefully manipulated into this crash, which is my stance... and for another thread. But yes, if a company is failing, it is illogical and generally a bad move to keep funding the problem. Eliminate one small issue, and part of the big problem is erased instead of recoloured and augmented.

reply posted on 13-12-2008 @ 12:28 AM by Esoterica

reply to post by Rockpuck

I don't know if you were mocking or not, but I know he's a Libertarian. Problem is, liberterians are nuts. Just because you don't like the two-party system doesn't mean that any third party is better. Libertarians live in as much of a dreamworld as Republicans and Democrats do.

reply posted on 13-12-2008 @ 03:01 AM by hannamtong

"Lie to us Ron Paul! Then the people will start listening to you."

That is so depressing because it is so true. I don't agree with Ron Paul on some issues, but his honesty scares the crap out of people.

reply posted on 14-12-2008 @ 07:58 PM by TruthDefender

after they will Nationalize all our big
structure the Usa will foreclosure
and transfer to the world banque

reply posted on 19-12-2008 @ 06:16 AM by animekenji

Originally posted by ProfEmeritus
reply to post by spacedoubt

As usual, Dr. Paul speaks the truth, and few listen. If Congress had been listening to him all these years, we wouldn't be in the financial mess we're in today. That is a fact. Any illusion that people have that any of these bailouts will do any good should disappear, as the big 3 are whittled down to the little 1, with perhaps Ford surviving in a much smaller capacity. Of course, the $700 billion bailout has already failed. Credit has not loosened up, and half of the money is already gone. However, there are some that are benefiting, the execs that are still getting those huge bonuses and salaries for the "wonderful" job they did. 10% of homes are now either in foreclosure or in jeopardy of foreclosure. I hope people that are fortunate enough to still have a home really like it, because you will probably be buried in it.

Credit was never intended to loosen up. The bailout was meant to recapitalize the banks for their losses, not for them to extend credit. It may have been the plan of Congress and the President for them to loosen up credit, but it was NEVER the plan of the banks or the Federal Reserve. This country is not run from the White House or the Capitol building. It is run from Fed headquarters. They control the money, so they control the country. The borrower is always subservient to the lender. The government is the borrower and the Fed is the lender, therefore the government is subservient to the Fed, not to the people, so it passes laws which protect the interests of the Fed and not the people. If the people manage to realize some sort of benefit from those laws, it is by coincidence and not by design.

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