114
   

Where is the US economy headed?

 
 
hawkeye10
 
  1  
Reply Sat 27 Mar, 2010 09:42 pm
@kuvasz,
Quote:
Structurally, the issue is a result of the free flow of capital investment and trade across national borders. BP corporate operating officers have allegience only to the stockholders' financial benefit, and operate within that paradigm. In fact, they likely would be sued by stockholders if they did not attempt to maximize profits.

This is the way it is in the capitalist world. National boundaries don't count.

but I dont care about BP, or those who own it, I care about America.
0 Replies
 
plainoldme
 
  1  
Reply Sat 27 Mar, 2010 09:53 pm
@okie,
You're the only loser here and you know nothing of history. Most conservatives don't which is why they embrace their misguided 'philosophy.'

When your IQ is high enough to tell me anything, I will let you know.

Frankly, you have no idea what central planning is.
0 Replies
 
plainoldme
 
  1  
Reply Sat 27 Mar, 2010 09:54 pm
@okie,
Want to know what your kind has always done? Rhetorical question because you do not.

Read Slavery By Another Name by Douglas Blackmon.
plainoldme
 
  -1  
Reply Sat 27 Mar, 2010 09:55 pm
@ican711nm,
Hey, sugar, what do you call a system in which big business controls government?
okie
 
  0  
Reply Sun 28 Mar, 2010 12:16 am
@plainoldme,
plainoldme wrote:

Hey, sugar, what do you call a system in which big business controls government?

Non-existent. It is a figment of your imagination.
plainoldme
 
  1  
Reply Sun 28 Mar, 2010 08:31 am
@okie,
SO, I imagined the United States as it is currently configured. Wow! Some Christians envision that the universe is in the mind of God. What a compliment to me to say that I imagined the US . . . but, simultaneously, what an insult! I would imagine a much better place . . . with a smaller population, intellectual freedom, constructive technology, wholesome food, unpolluted streams.

An America without seven industrial lobbyist for each member of Congress.
okie
 
  1  
Reply Sun 28 Mar, 2010 08:58 am
@plainoldme,
Well, you can go where there is Central Planning, such as China, and see how many unpolluted streams, smaller populations, intellectual freedom, wholesome food, and all of the other little liberal buzzword utopian things you will find there. Please realize that if Obama has his way and achieves his vision of being a little dictator, your world can become more like China. Then you could finally be happy, you think? Of course, you would find the result would be exactly 180 degrees opposite of what your foolhardy, ignorant, and unrealistic expectation may currently be. At least maybe you could have a world where you could quit hating lobbyists, wouldn't that be wonderful?
parados
 
  1  
Reply Sun 28 Mar, 2010 09:39 am
@okie,
There goes okie, running down America again. Why do you hate America so much? Why do you hate the form of government America has okie?
plainoldme
 
  1  
Reply Sun 28 Mar, 2010 10:02 am
@okie,
When I was in elementary school, a priest came to talk to our class about Communism. He spoke of the technocrats who stand atop Lenin's Tomb to review the parades of tanks and then decide how many pink Easter bonnets the country will produce.

Bad wording on his part. Women in Russia during the 1950s wore babuschkas and 'the godless Communists' did not celebrate Easter.

However, what is the difference between government deciding how much of anything to produce and some people behind closed doors at the head of a corporation deciding? Well, one can vote the government out but it is difficult to vote out corporate heads.

And what can one do about the lobbyists sent to Washington to over-ride the will of the people?

Or the techniques of MAdison Avenue that persuade people to purchase products using partial truths and outright lies that are now applied to political issues?

And, if every city has a Starbucks, a Gap, a branch of Macy's and a Wal-MArt is that not because of Central Planning, but a planning that the citizenry can do nothing about?

The town where I live is fighting against a Stop and Shop supermarket that we do not need. Although this is a rural area, there are 20 supermarkets within a 20 mile radius of the proposed site. There are also CISAs, small stores, farm stands and more. No one will starve because they can not get to store.

We are not alone. Two other Massachusetts towns are fighting this giant. The giant will trample us all and that is not freedom.
0 Replies
 
plainoldme
 
  1  
Reply Sun 28 Mar, 2010 10:03 am
@parados,
He really is a destructive force, isn't he?
0 Replies
 
ican711nm
 
  -1  
Reply Sun 28 Mar, 2010 10:32 am
Quote:

http://unabridged.merriam-webster.com/cgi-bin/unabridged?va=capitalism&x=20&y=10
Main Entry: cap·i·tal·ism
...
Etymology: 2capital (wealth) + -ism
: an economic system characterized by private or corporation ownership of capital goods, by investments that are determined by private decision rather than by state control, and by prices, production, and the distribution of goods that are determined mainly in a free market -- compare INDUSTRIALISM, LIBERALISM, SOCIALISM
plainoldme
 
  1  
Reply Sun 28 Mar, 2010 10:39 am
@ican711nm,
That's not what we have here.
okie
 
  -1  
Reply Sun 28 Mar, 2010 02:45 pm
@plainoldme,
plainoldme wrote:

Want to know what your kind has always done? Rhetorical question because you do not.

Read Slavery By Another Name by Douglas Blackmon.

How many people gave their last drop of blood to free the slaves? And which party was it that set the process into motion to accomplish that? And which continent is still engaged in slavery this very day?

And a more pertinent question for today, which party wants to keep blacks and other minorities on their plantation by giving them stuff, feeding and caring for them, in exchange for their allegiance and votes for their owners or masters that own the plantation? Answer: Democrats.

Recommendation, check out the National Association of Black Republicans and become enlightened. More blacks and minorities are deciding to leave the Democratic Party plantation.

MASSAGAT
 
  -2  
Reply Sun 28 Mar, 2010 03:32 pm
@parados,
Okie- It is plain that Paradox knows little or nothing about the type of government we would have if Obama was given free reign. Parados is quick to write one liners, giving absolutely no documentation or evidence. Now, if I knew that he was a Nobel Prize Winner or a highly respected scientist, I would accept his non reference garbage at face value. But alas, he is neither.

What plainoldme and Paraedos evidently do not know is that "centralized planning", which appears to be the modus operandi of the Obama rabble, has failed throughout the world. If you view thew USSR, a model of "centralized planning, you will see that centralized planning has neither an efficient model for allocating resources. The bureaucratic caution typically used by Socialist regimes throughout the world has been unable to substitute for entreprenurial risk taking as a mechanism of innovation and economic growth.

MASSAGAT
 
  -1  
Reply Sun 28 Mar, 2010 03:40 pm
Poor deluded plainoldme!

She wrote:

However, what is the difference between government deciding how much of anything to produce and some people behind closed doors at the head of a corporation deciding? Well, one can vote the government out but it is difficult to vote out corporate heads.

Shall I make a list of CEO's voted out in the last year, plainoldme? If you can read, check out the Wall Street Journal for the last year.

One can vote out the government--Indeed--but it takes two years to change a Congress and four years to change a President. Corporations act much more quickly.

By the way, may I respectfully inquire about your income? What is the source of the income outside of work? Is it from a 401K?

Stocks? Insurance? Bonds? If so, and in almost every case, your EXTRA income is tied to the HEALTH and WELFARE of corporations.

You may be unaware that over forty million people have 401 K's in the USA. The poor profits of Corporations do indeed diminish their retirement prospects.

Have you ever taken a course in Economics? Pity since you either forgot everything you learned or did not have the chance to become education.

May I respectfully suggest one of the best sources for you?

"Basic Economics" by Thomas Sowell

0 Replies
 
MASSAGAT
 
  -1  
Reply Sun 28 Mar, 2010 03:43 pm
@plainoldme,
When you answered Ican, plainoldme, you wrote the following:

Well, that's not what we have here" in answer to his fine definition of Capitalism.

If he is mistaken, he I believe he is right on point, please tell us why the definition he listed is incorrect.

When you answer, Well, that's not what we have here", you contribute little or nothing to the discussion.

plainoldme
 
  1  
Reply Sun 28 Mar, 2010 04:54 pm
@parados,
He probably learned how to run down America on his trip to China
0 Replies
 
plainoldme
 
  1  
Reply Sun 28 Mar, 2010 04:55 pm
@MASSAGAT,
One need not 'document' one liners.
plainoldme
 
  1  
Reply Sun 28 Mar, 2010 04:56 pm
@MASSAGAT,
HA HA HA HA HA HA HA HA. Get my a hankie, someone, I am laughing so hard that I am helpless! Funniest thing I ever read!
0 Replies
 
plainoldme
 
  1  
Reply Sun 28 Mar, 2010 04:59 pm
@okie,
The Liberals freed the slaves. And, silly little boy, the Republicans in the middle of the 19th C were the liberals, the party that Susan B. Anthony voted for and the party that oversaw the liberation of the slaves. Just because the concept of liberalism changed parties means nothing other than the parties changed . . . the ideas are somewhat the same.
 

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