Originally posted by jibeho
reply to post by Foxybrain
You're finished!! I won't tolerate you're nonsense in on one of my threads.
Originally posted by MDDoxs
reply to post by jdub297
I did not insinuate that the families or those affected by this situation are "chump change", drawing this type of conclusion is the definition of ignorant, so deny yourself mate.
All i was trying to point out that the difference of scale on a national level, between the national bailout and this 20 million loan, which i have stated many times as ridiculous, as per the other users post.
Reading the entire thread is part of denying ignorance, do not just read one post without reading the context it was positioned. Assumptions are bad mmmkay?
...There is a difference between the bailout which prevented some serious consequences to the US economy as compared to supporting a car dealership...20mil is chump change in the grand scheme of things....
the claim that this loan uses taxpayer money is false. The Overseas Private Investment Corporation states that it is "the U.S. Government's development finance institution" and "helps U.S. businesses gain footholds in emerging markets." While it receives administrative funding from Congress, OPIC "operates on a self-sustaining basis at no net cost to American taxpayers" and has actually reduced the federal budget deficit for 34 consecutive years:
Are OPIC services U.S. taxpayer-funded? OPIC operates on a self-sustaining basis at no net cost to American taxpayers. In fact, it generated net income of $269 million in Fiscal Year 2011, helping to reduce the federal budget deficit for the 34th consecutive year. "
Indeed, during the early 1980s, OPIC returned the taxpayer money used to start up the agency to President Reagan. At the time, Reagan praised OPIC for helping advance the cause of economic freedom in the world.
The Daily Caller, Fox, and Drudge also highlight Hynansky's political contributions and relationship to Biden, but at no point do they present evidence that these donations or his friendship with Biden had any effect on his loan application.
What could be more Communistic than the all knowing all powerful govt giving it's friends/family special treatment and then spitting on the general populace?
Mitt Romney is one too Corporatism, also known as corporativism, is a system of economic, political, or social organization that involves association of the people of society into corporate groups on the basis of common interests.
A corporate group is a general term that describes one or more individuals, usually in the form of a family, clan, organization, or company.
Don't you think that "crony capitalism" is a codeword for Marxist/Corporatist ?
Originally posted by RealSpoke
reply to post by jibeho
Crony capitalism is collectivist, what don't you get?
Corporatism, also known as corporativism, is a system of economic, political, or social organization that involves association of the people of society into corporate groups on the basis of common interests.
A corporate group is a general term that describes one or more individuals, usually in the form of a family, clan, organization, or company.
en.wikipedia.org...
The corporate groups of the USA is the elite vs. non elite and Mega corps vs. Small Business
edit on 20-8-2012 by RealSpoke because: (no reason given)
Much like Obama's now infamous "You didn't build that" speech, this comment says a great deal about the President's collectivist philosophy. Collectivism boils down to one basic idea, that no individual is responsible for anything alone. This is a common philosophy on the political left, but few realize how sinister and damaging a philosophy like this is to a society.
Collectivism is damaging to society because it invokes and requires the absence of responsibility. Wade Michael Page, the man responsible for the Sikh Temple shooting was by all accounts a crazed madman with ties to neo-Nazi punk bands. He acted alone, and should be held singularly responsible for the atrocities he committed. The vast majority of Americans have no involvement in, and are appalled by ideas of white supremacy. And of course, mass murder is far beyond anything that Americans would consider a rational course of action.
Not so, according to Obama's collectivist philosophy. Soul searching is needed because no one individual can be responsible for anything, whether good or bad. We are all responsible for what happened in Wisconsin. This is why collectivism is sinister; it takes responsibility for terrible things away from evil people like Wade Michael Page, and gives it to honest and decent people who have nothing to do with it.
According to You?? The two are not synonymous in in my realm.
You Olympians, however, know you didn't get here solely on your own power,” “For most of you, loving parents, sisters or brothers, encouraged your hopes, coaches guided, communities built venues in order to organize competitions. All Olympians stand on the shoulders of those who lifted them. We’ve already cheered the Olympians, let’s also cheer the parents, coaches, and communities. All right!
