I attacked the predatory business/lobbying practices and the manipulataion of our electoral process of super-wealthy corporations as THEFT and suggested that in an unchecked capitalist environment the door is left wide open to exactly what we see from these groups.
And your solution would be? Hint: In every economy, in every form or government, in every nation, there will be lobbyists, and there will be manipulation of the system. The question is how much, and by who. In socialist countries, the corruption is far worse because since no legal lobbying is allowed, everything is concealed. I'd rather have it legal where I know who got what from where, than the alternative.
If I were to steal your spinal cord and leave you paralyzed I'd be a horrible criminal but if I was an insurance company, I could simply withhold therapy or maybe delay it for a few critical weeks and accomplish the same crime legally. I'll get you some phone numbers if you really want to speak with a few people. It would be unkind to post them here.
It is illegal to deny critical care.
You think this isn't happening dude? You think the family of a stoke patient or accident victim or single mom with ovarian cancer gives a crap for some flag-waving idealist's view of who the enemy is? All they care about is fairness. Justice. That the same morality required of them is returned by their government, their insurance companies and their leaders. That is all.
Justice doesn't include forcing people to supply your wants, or even needs. Fairness is a myth. Time to wake up. I was taught as a child that life isn't fair. Good parents teach their children this, because if you don't, you'll be a bitter waste of a human most of your life.
These are not conspiracies, it is simple greed. It is justification for amoral practices, it is rationalization for ill-gotten gains. Is it worth it on a social level for Wal-Mart to drive untold small business people out of their shops because they can use their clout to sell tube socks for less? At some point Wal-Mart is no longer the smartest retailer with a pefected delivery system, they become a bully. Read about it. I'm not making this up. You got google, right? You think this is an ideological issue?
Think about what you are saying. The way that Wal-Mart can put other businesses out of business is because they offer more, or better quality, or lower price products, than their competitors.
This is the legacy of free-market. Montgomery Ward mail order, was the largest massive mail order company in the 1880s, due to it's cheaper cost, and the fact they delivered everywhere. Sears replaced them by cutting costs, and offering more products. Sears then went into retail, and provided cheaper goods with more outlets using stores located on train tracks.
A & P supermarkets, was the number one market chain in the US in the 1930, but now are down to a few hundred, as Supermarkets like Meijer and Wal-mart offer lower prices and better products.
The only way to stop the natural cycle of the free-market is by prevent people from offering better products, more products, or lower priced products to consumers. Is that what your in favor of? You want to force the public to pay higher prices for the same products just because you don't like Wal-Mart being able to compete?
How do the oil companies just happen to post record-breaking profits quarter after quarter with 2 wars going on, 3 direct-hit TX coast hurricanes and the economy in the tank. Most challenging energy ecomony ever, right? I didn't do better in this challenging economy, I got my butt handed to me. This could not possibly be a more outrageous lie. It is categorically impossible for any thinking adult to believe this is just an accident. OJ made a better argument.
Um... that's really easy. It's called basic economics. When the supply goes down.... the price goes up. This isn't hard.
You can always go to Cuba where there is no challenging economy, and get your $1/day socialized wage. Look, here's how it works. In a free market, there is no promise of success. You must provide something at a wage competitive to the market. If you don't, you lose. The alternative is to give up all your freedom for the promise of a guaranteed wage. Look at east and west Berlin. That whole situation was played out.
Our esteemed financiers thought they'd get cute with mortgage-backed securities, shifting to fee-based income, an entire list of riduculously risky insurance schemes (you want some links to these beauties?) that are just plain embarassing and shameful. What were their motivations? Greed or to demonstrate the benefits of capitalism? They are just idealists, right?
We already covered this. Government pushed for sub-prime loans. The motivation for any business is to sell a product and earn a pay check. If you open a business and don't try and sell something for a pay check, you won't be in business for long.
Did it ever occur to you that you are not a mind numbed robot haplessly falling into traps? If you don't want to pay fees and high interest rates, don't take the loan. I didn't... and I'm not paying them. It's that simple.
Rush taught you to say that Fannie Mae and Freddie Mac and the Dems made 'em do it, right? They did it because the interest rates fell below 10% and there was no longer a 6 or 7 percentage point spread between how much they paid your Mom for a CD and how much they earned from loaning it to you. They couldn't make 6 or 7% anymore servicing a few loans so they tried earning a few hundred quick bucks from a few hundred thousand home-equity and retail loan fees. READ.
You are acting like an arrogant fool.
I have not listened to Rush for a good 15 years. No one taught me to say anything. I read up on the situation myself and learned for myself what the truth is. And... the truth is, you are wrong, I am right. I have seen the documents, I've looked up the bills that were passed, I've looked at the policies instituted by the people in power at the time, and... they all prove that yes in fact, the democrats had a policy of lowering the standards by which people could get loans. As such, they pushed the industry to provide these risky bad loans, and the industry did what the government wanted. If you wish to deny this, then you are willfully choosing to remain ignorant.
Grow up.
The "socialists" you think you need to fear don't have any money. Follow the money man and you'll find who is to blame. Exxon posted $14./8 Billion in the last quarter. Accident? Market driven? (
http://blogs.wsj.com/environmentalc...s-breaking-profit-records/?mod=googlenews_wsj) They've been raking in billions every quarter for the last several years.
A socialist just got elected president, and he was in the top 1% of wage earners. So... they do have money.
Good. They will use the money to provide jobs, and drill more wells, which will increase the supply, thus lowering the cost. A trend we are seeing in effect right now.
One of you boneheads tried to lecture me about market economies in an earlier post and I refrained from an answer because it was so stupid. Here's your answer...
You want to know what happens when one company out of 12 makes $14.8 BILLION in a quarter? Their competitor decides they'll be happy with $12 BILLION and cuts their price. Another one says, hey man, $9 BILLION works for me and lowers their price too. The little guy sees a wonderful opportunity to earn a bunch of market-share by aimimg at the lousy $3 BILLION mark. Unless of course they call ALL make $14.8 BILLION. Well then, the margin just stays there doesn't it. Free market my hind leg! NOBODY IN A FREE-MARKET ECONOMY MAKES THAT MUCH MONEY QUARTER AFTER QUARTER WITHOUT SOMEBODY COMING IN A TRYING TO STEAL A HUNK OF THEIR SALES.
What the heck are you babbling about? So... your saying that if a company can make that much money, then obviously it isn't a free market? That is flat-out retarded. That is idiots economics.
Here's the truth. If a company can provide a better product at a lower price, then they will make billions every quarter BECAUSE people are buying their better product at a lower price.
Now are other companies trying to take market share and earn the $14.8 billion? Um... duh.. YEAH! There are dozens of companies in the oil industry, each trying to cut out their own chunk of the market. If you don't know this, then you really don't know enough about the oil industry to comment on it.
Let's do a poll of anybody ever screwed and left to die by an insurance company and see what their ideological leanings are. Let's do a poll of shop keepers put out of business by Wal-Mart (I DO keep picking on Wal-Mart don't I?) Let's do a poll of the ones who are suffering or who have suiffered.
This is stupid. Now your just ranting. Can I look at all the people who have died inside the emergency room in socialized care countries, and ask them how well their system works? Can I ask all the people who have flown here form Canada to get treatment their country under socialized would not even offer, how much better it is there?
And what about all the customers who have better and cheaper products because of wal-mart? Are you going to poll all of them?