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Originally posted by jokei
Originally posted by Doc Velocity
Any Questions?
Anything better than a blog post to back this up?
Originally posted by links234
Originally posted by Doc Velocity
Obama Medicare Czar is a Hardcore Marxist
Any Questions?
— Doc Velocity
I have two!
Is there anything other than 'redistribution of wealth' that proves he's a Marxist?
And
If he is a Marxist, why is this a problem?
Originally posted by mnemeth1
Originally posted by links234
Originally posted by Doc Velocity
Obama Medicare Czar is a Hardcore Marxist
Any Questions?
— Doc Velocity
I have two!
Is there anything other than 'redistribution of wealth' that proves he's a Marxist?
And
If he is a Marxist, why is this a problem?
Probably because Marxism is responsible for around 100 million dead people?
Marxism is a particular political philosophy, economic and sociological worldview based upon a materialist interpretation of history, a Marxist analysis of capitalism, a theory of social change, and an atheist view of human liberation derived from the work of Karl Marx and Friedrich Engels. The three primary aspects of Marxism are: Marxism is a particular political philosophy, economic and sociological worldview based upon a materialist interpretation of history, a Marxist analysis of capitalism, a theory of social change, and an atheist view of human liberation derived from the work of Karl Marx and Friedrich Engels. The three primary aspects of Marxism are:
1.The dialectical and materialist concept of history — Humankind's history is fundamentally that of the struggle between social classes. The productive capacity of society is the foundation of society, and as this capacity increases over time the social relations of production, class relations, evolve through this struggle of the classes and pass through definite stages (primitive communism, slavery, feudalism, capitalism). The legal, political, ideological and other aspects (e.g. art) of society are derived from these production relations as is the consciousness of the individuals of which the society is composed.
2.The critique of capitalism — Marx argues that in capitalist society, an economic minority (the bourgeoisie) dominate and exploit an economic majority (the proletariat). Marx argues that capitalism is exploitative, specifically the way in which unpaid labor (surplus value) is extracted from the working class (the labor theory of value), extending and critiquing the work of earlier political economists on value. Such commodification of human labor according to Marx, creates an arrangement of transitory serfdom. He argued that while the production process is socialized, ownership remains in the hands of the bourgeoisie. This forms the fundamental contradiction of capitalist society. Without the elimination of the fetter of the private ownership of the means of production, human society is unable to achieve further development.
3.Advocacy of proletarian revolution — In order to overcome the fetters of private property the working class must seize political power internationally through a social revolution and expropriate the capitalist classes around the world and place the productive capacities of society into collective ownership. Upon this, material foundation classes would be abolished and the material basis for all forms of inequality between humankind would dissolve.
If you only look at the "actual numbers," you're not seeing the big picture, which is reality. The "actual numbers" show success in state-directed economies, but let's back off and take a higher-level look... OH! Those state-directed economies that we're calling "successful" are actually these tiny little populations of 4 million and 8 million and 20 million... Hell, yeah, it's easy to showcase your successes when they're just isolated pockets of humanity — like lab experiments — but those state-directed economic strategies are falling flat when you attempt to apply them to massive or multinational populations.
Witness the EU's fall from economic grace. Oh, golly, the Euro was going to kick the dollar's ass last year, wasn't it? Greece is trying to sell off islands, now, to cover their debt.
What works in Norway and Singapore and Mauritania IS NOT going to work on an American population of over 300 million. It's falling apart in Britain, it's not working in France, it's sucking wind in Japan and even in Canada.
Averting your eyes doesn't eliminate the problem.
Any Questions?
Bernanke was appointed by BUSH!
In reality, Bernanke is following the monetarist depression-prevention model hatched by Nobel laureate and libertarian patron saint Milton Friedman. Bernanke has repeatedly invoked the late libertarian economist in support of lowering interest rates to zero, bailing out banks, and pumping untold trillions of dollars into the financial system. The implicit goal of these policies is to ignite artificial inflation.
Geitner is a tax dodger and the IRS REPORTS to him!
I've never been a regulator, for better or worse. And I think you're right to say that we have to be very skeptical that regulation can solve all of these problems. We have parts of our system that are overwhelmed by regulation.
Treasury Secretary Timothy Geithner has expressed some skepticism behind closed doors about the broad bank limits proposed on Thursday by his boss, President Barack Obama, according to financial industry sources.
Obama's proposals would prevent banks or financial institutions that own banks from investing in, owning or sponsoring a hedge fund or private equity fund.
He called for a new cap on the size of banks in relation to the overall financial sector that would take into account not only bank deposits, which are already capped, but also liabilities and other non-deposit funding sources.
The proposed rules also would bar institutions from proprietary trading operations that are for their own profit and unrelated to serving customers.
The Chicago school of economics describes a neoclassical school of thought within the academic community of economists, with a strong focus around the faculty of University of Chicago, some of whom have constructed and popularized its principles. It is at times referred to as freshwater school of economics, in contrast to the saltwater school based in coastal universities (notably Harvard, MIT, and Berkeley). The University of Chicago department, considered one of the world’s foremost economics departments, has fielded more Nobel Prize winners and John Bates Clark medalists in economics than any other university.
The "Chicago School" is perhaps one of the better known American "schools" of economics. In its strictest sense, the "Chicago School" refers to the approach of the members of the Department of Economics at the University of Chicago over the past century. In a looser sense, the term "Chicago School" is associated with a particular brand of economics which adheres strictly to Neoclassical price theory in its economic analysis, "free market" libertarianism in much of its policy work and a methodology which is relatively averse to too much mathematical formalism and willing to forgo careful general equilibrium reasoning in favor of more results-oriented partial equilibrium analysis. The Chicago school is associated with neoclassical price theory and libertarianism in its support of lower taxation and private sector regulation, but differs from pure free-market economics in its support of government-regulated monetary policy.
Please, educate yourself: Who Owns the Media?
Public funded media, on the other hand, could avoid the pitfalls of corporate dominance and deliver the free press that is absolutely necessary for the continuation of a free society.
Face it. All news broadcasts slant their news to the organizations that keep them in business. It's a simple fact of life.