reply to post by FreebirdGirl
Way to get around the T&C rules.
No, i am not guilty in the least. I do a great deal of research. I do not use as a general rule use Huffington Post as sources, except once in a blue
moon just to show liberals what they themselves are spewing.
I would add, just because you don't like my opinion doesn't mean I am wrong. I do have some understanding of basic comparisons of different kinds of
economic systems, and our economy here in the US is what is referred to as a mixed economy. That is why some liberals get away with saying we are not
a socialist country, because technically we do not operate exclusively under a socialist system, but we have elements of socialism mixed in with our
Capitalist base, and then there is Keynesian economics, which goes on the basis that if people are not spending money, the economy contracts, so the
Fed will expand the economy as it sees fit, and then contracts it if they feel it is expanding too fast.
Now here is some commentary about Adam Smith's "Invisible Hand"
In economics, the invisible hand of the market is a metaphor conceived by Adam Smith to describe the self-regulating behavior of the
marketplace. The exact phrase is used just three times in Smith's writings, but has come to capture his important claim that individuals' efforts
to maximize their own gains in a free market benefits society, even if the ambitious have no benevolent intentions. Smith came up with the two
meanings of the phrase from Richard Cantillon who developed both economic applications in his model of the isolated estate.
The theory of the Invisible Hand states that if each consumer is allowed to choose freely what to buy and each producer is allowed to choose
freely what to sell and how to produce it, the market will settle on a product distribution and prices that are beneficial to all the individual
members of a community, and hence to the community as a whole. The reason for this is that self-interest drives actors to beneficial behavior in a
case of serendipity. Efficient methods of production are adopted to maximize profits. Low prices are charged to maximize revenue through gain in
market share by undercutting competitors. Investors invest in those industries most urgently needed to maximize returns, and withdraw capital from
those less efficient in creating value. All these effects take place dynamically and automatically.[citation needed
So if you really want to suggest that my ideas about a restaurant owner having to come up with a way to stay profitable in a time when the
Progressives are expaning bureaucratic control of the economy, I bet I will come out ahead in the discourse, because I HAVE done my homework, and
likely you have only listened to Huffpo or some Democrat operative.
I was reading Antony Sutton books on Skull and Bones and The Order years and years ago and knew about Hegelian Dialectic in the 80's. I am
conservative but that doesn't mean I let the Bush family off the hook. They are all involved.
I knew about the Tri lateral commission and CFR back then too. I know about the Bilderbergs. These secretive organizations are not just coming from
both Republican and Democrat Parties but are also Internationalists and don't care what country they screw up.
if you really want to challenge me to a duel about whether Progressivism and socialism/communism is good for our country, let's have at it. I'm game.
Are you? Or are you just going to accuse me of being a liar but word it so the Mods don't smack you down?
edit on 17-11-2012 by ThirdEyeofHorus
because: (no reason given)