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Yrat
Happy Planting
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Re: Obama [Re: Picklez]
#286724 - 09/26/09 01:19 PM (15 years, 4 months ago) |
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Quote:
KillerPicklez said: Yes I voted for him so I am slightly bias but I cant see how anyone can argue that this guy isnt trying and that he isnt already doing exponentially better than Bush
Obama became the first American to ever head a UN security council meeting and also got a unanimous vote in confronting nuclear disarmament in Iran and N. Korea
He isnt perfect and problems wont be solved overnight, but I hes doing a good job so far given the huge number of problems he had to deal with
tell me, what exactly has he done so far?
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"Prohibition will work great injury to the cause of temperance. It is a species of intemperance within itself, for it goes beyond the bounds of reason in that it attempts to control a man's appetite by legislation, and makes a crime out of things that are not crimes. A Prohibition law strikes a blow at the very principles upon which our government was founded." - Abraham Lincoln
"There are a thousand hacking at the branches of evil
to one who is striking at the root"
~ Henry D. Thoreau
Strike The Root
|
Yrat
Happy Planting
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our government now controls our economy's housing sector, auto sector, financial sector, and is looking to take over the health sector now too. would you like to look up the word fascism for me?
there are startling violations of the constitution occurring all around us. meet the new boss, same as the old boss. you think things are getting better because now the president has a (D) next to his name? your tax dollars just got handed to the country's biggest banks on a silver platter. the FED is monetizing the federal debt, vastly devaluing what paper money we might be able to hold onto.
things are getting much, much worse. remember, left vs. right = divide and conquer.
this video is disturbing. blatant violation of our first amendment rights.
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"Prohibition will work great injury to the cause of temperance. It is a species of intemperance within itself, for it goes beyond the bounds of reason in that it attempts to control a man's appetite by legislation, and makes a crime out of things that are not crimes. A Prohibition law strikes a blow at the very principles upon which our government was founded." - Abraham Lincoln
"There are a thousand hacking at the branches of evil
to one who is striking at the root"
~ Henry D. Thoreau
Strike The Root
|
Yrat
Happy Planting
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Posts: 886
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Re: Obama [Re: Picklez]
#286819 - 09/26/09 03:14 PM (15 years, 4 months ago) |
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Quote:
KillerPicklez said: FYI, the government was forced to buy out certain sectors from stopping them from collapsing. Call it Facism if you are stupid enough to do so but anyone with an education knows the government did what it had to do in attempts to keep this country from a depression, it was hardly out of self interest that they got involved.
you are so naive. the collapse is the cure for the easy money policy of bush and greenspan. all they did was prop up the unstable economy for a bit longer with YOUR money. it's only a matter of time until the house of cards collapses again, none of the fundamental problems have been solved. consumption has reached record lows, savings rates have risen, and you can't have an economy that is 70% consumption keep chugging along without addressing these issues.
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"Prohibition will work great injury to the cause of temperance. It is a species of intemperance within itself, for it goes beyond the bounds of reason in that it attempts to control a man's appetite by legislation, and makes a crime out of things that are not crimes. A Prohibition law strikes a blow at the very principles upon which our government was founded." - Abraham Lincoln
"There are a thousand hacking at the branches of evil
to one who is striking at the root"
~ Henry D. Thoreau
Strike The Root
|
Yrat
Happy Planting
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Posts: 886
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Re: Obama [Re: Picklez]
#286822 - 09/26/09 03:19 PM (15 years, 4 months ago) |
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Quote:
KillerPicklez said: FYI, the government was forced to buy out certain sectors from stopping them from collapsing. Call it Facism if you are stupid enough to do so but anyone with an education knows the government did what it had to do in attempts to keep this country from a depression, it was hardly out of self interest that they got involved.
it doesn't matter what you think, government has no right to meddle in the economy. that's not its job. show me where the power to do so is delegated to it in the constitution.
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"Prohibition will work great injury to the cause of temperance. It is a species of intemperance within itself, for it goes beyond the bounds of reason in that it attempts to control a man's appetite by legislation, and makes a crime out of things that are not crimes. A Prohibition law strikes a blow at the very principles upon which our government was founded." - Abraham Lincoln
"There are a thousand hacking at the branches of evil
to one who is striking at the root"
~ Henry D. Thoreau
Strike The Root
|
Yrat
Happy Planting
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Re: Obama [Re: Picklez]
#286826 - 09/26/09 03:21 PM (15 years, 4 months ago) |
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Quote:
KillerPicklez said:
Quote:
Yrat said:
Quote:
KillerPicklez said: FYI, the government was forced to buy out certain sectors from stopping them from collapsing. Call it Facism if you are stupid enough to do so but anyone with an education knows the government did what it had to do in attempts to keep this country from a depression, it was hardly out of self interest that they got involved.
you are so naive. the collapse is the cure for the easy money policy of bush and greenspan. all they did was prop up the unstable economy for a bit longer with YOUR money. it's only a matter of time until the house of cards collapses again, none of the fundamental problems have been solved. consumption has reached record lows, savings rates have risen, and you can't have an economy that is 70% consumption keep chugging along without addressing these issues.
Ok, I agree with everything you said. I never said the government fixed the problems. I was just saying the government didnt do it out of self-interest. They did it in attempts to stabilize parts of the economy that are failing
This was to the acquisition that the government was Fascist.
but the sectors have to collapse in order to fix the economy. that's how capitalism works. businesses that do not function efficiently enough to produce a profit go under, and those that do grow into their place. the free market system has this natural tendency to keep itself working w/o boom bust cycles. factor in the FED however, and the picture completely changes.
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"Prohibition will work great injury to the cause of temperance. It is a species of intemperance within itself, for it goes beyond the bounds of reason in that it attempts to control a man's appetite by legislation, and makes a crime out of things that are not crimes. A Prohibition law strikes a blow at the very principles upon which our government was founded." - Abraham Lincoln
"There are a thousand hacking at the branches of evil
to one who is striking at the root"
~ Henry D. Thoreau
Strike The Root
|
Yrat
Happy Planting
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Re: Obama [Re: Picklez]
#286828 - 09/26/09 03:23 PM (15 years, 4 months ago) |
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Quote:
KillerPicklez said:
Quote:
Yrat said:
Quote:
KillerPicklez said: FYI, the government was forced to buy out certain sectors from stopping them from collapsing. Call it Facism if you are stupid enough to do so but anyone with an education knows the government did what it had to do in attempts to keep this country from a depression, it was hardly out of self interest that they got involved.
it doesn't matter what you think, government has no right to meddle in the economy. that's not its job. show me where the power to do so is delegated to it in the constitution.
show me where it doesnt have the power.
10th amendement: powers not granted to the national government nor prohibited to the states are reserved to the states or the people.
constitutions limit the powers of government, they can't do anything not expressly allowed. dude, it is clear you don't even have a very thorough understanding of government or economics. this is made even more clear through your parroting of the obama propaganda lines.
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"Prohibition will work great injury to the cause of temperance. It is a species of intemperance within itself, for it goes beyond the bounds of reason in that it attempts to control a man's appetite by legislation, and makes a crime out of things that are not crimes. A Prohibition law strikes a blow at the very principles upon which our government was founded." - Abraham Lincoln
"There are a thousand hacking at the branches of evil
to one who is striking at the root"
~ Henry D. Thoreau
Strike The Root
|
Yrat
Happy Planting
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Re: Obama [Re: Picklez]
#286832 - 09/26/09 03:27 PM (15 years, 4 months ago) |
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yeah, the industries would regrow on stable footing. things would be painful for awhile, but then ensure stability in the future. sometimes medicine tastes bad, but you have to swallow it.
if someone took out a mortgage on a house they couldn't afford, why do i have to bail them out with my money?
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"Prohibition will work great injury to the cause of temperance. It is a species of intemperance within itself, for it goes beyond the bounds of reason in that it attempts to control a man's appetite by legislation, and makes a crime out of things that are not crimes. A Prohibition law strikes a blow at the very principles upon which our government was founded." - Abraham Lincoln
"There are a thousand hacking at the branches of evil
to one who is striking at the root"
~ Henry D. Thoreau
Strike The Root
|
Yrat
Happy Planting
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Re: Obama [Re: Picklez]
#286834 - 09/26/09 03:30 PM (15 years, 4 months ago) |
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Quote:
KillerPicklez said: I dont see how allowing millions of Americans to lose their homes and allowing auto manufacturers to bankrupt would be of any benefit.
Sure it is Capitalism to let them fail but can you really say what would happen if the government didnt do anything and let the banks collapse, let our manufacturing collapse, and let the housing industry sink?
again, it's not the government's job to bail out the financial industry or homeowners. THATS NOT ITS JOB. just the fact it is doing so is stepping wwwaaaaayy over its bounds as set by the constitution. the fact that in order to do so it must raise taxes (take $$ from individuals that should go to economic recovery) or print money out of thin air via the fed (which steals money from all dollars already in existence) makes the process even more disgusting.
the economy is literally being kept away FROM recovery by all this bullshit.
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"Prohibition will work great injury to the cause of temperance. It is a species of intemperance within itself, for it goes beyond the bounds of reason in that it attempts to control a man's appetite by legislation, and makes a crime out of things that are not crimes. A Prohibition law strikes a blow at the very principles upon which our government was founded." - Abraham Lincoln
"There are a thousand hacking at the branches of evil
to one who is striking at the root"
~ Henry D. Thoreau
Strike The Root
|
Yrat
Happy Planting
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Re: Obama [Re: Picklez]
#286842 - 09/26/09 03:40 PM (15 years, 4 months ago) |
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dude, it was the regulations that caused the problems to begin with. the Community Reinvestment Act of clinton's era forced banks to lend money out to borrowers in all segments of their communities, including low- and moderate-income neighborhoods.
banks were actually required by law to write out subprime mortgages.
regulation skews the markets and causes the problems. giant overhead government regulation isn't the answer, it's the poison. natural market forces are the answer to all these issues, another reason why government should have no place in any aspect of an economy.
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"Prohibition will work great injury to the cause of temperance. It is a species of intemperance within itself, for it goes beyond the bounds of reason in that it attempts to control a man's appetite by legislation, and makes a crime out of things that are not crimes. A Prohibition law strikes a blow at the very principles upon which our government was founded." - Abraham Lincoln
"There are a thousand hacking at the branches of evil
to one who is striking at the root"
~ Henry D. Thoreau
Strike The Root
|
Yrat
Happy Planting
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Re: Obama [Re: Picklez]
#286854 - 09/26/09 03:50 PM (15 years, 4 months ago) |
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regulations ARE the problem. they skew otherwise natural market forces.
here's how it would work in the absence of government regulation:
-you go to bank to apply for loan -(you don't make any money) -bank looks at you, determines there's too much risk -bank says "no" -bank stays solvent
fascinating!
in a free market, risk IS the regulator. if an institution takes on too much risk, and gambles incorrectly, it goes bankrupt and is replaced by someone not as dumb. thus there is a naturally tendency to avoid risk and operate efficiently. no boom/bust cycle.
when you bailout the bankrupt gamblers with taxpayer money, do you think they learned their lesson about risk? when you subsidize something, you always get more of it, including inadequacy and failure.
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"Prohibition will work great injury to the cause of temperance. It is a species of intemperance within itself, for it goes beyond the bounds of reason in that it attempts to control a man's appetite by legislation, and makes a crime out of things that are not crimes. A Prohibition law strikes a blow at the very principles upon which our government was founded." - Abraham Lincoln
"There are a thousand hacking at the branches of evil
to one who is striking at the root"
~ Henry D. Thoreau
Strike The Root
|
Yrat
Happy Planting
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Re: Obama [Re: Picklez]
#286862 - 09/26/09 03:58 PM (15 years, 4 months ago) |
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are you trying to argue that people who can't afford their mortgage payments are somehow still in their homes, "saved" by the bailouts? what?? houses are foreclosing at record rates. the bailout didn't prevent any of that. the banks now own a bunch of empty houses instead of mortgages. it is clear you don't have the slightest idea of what the bailouts were designed to do.
furthermore, these are not Obama's problems to fix. they are outside the powers of the federal government. refer to the prior posts concerning the constitution.
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"Prohibition will work great injury to the cause of temperance. It is a species of intemperance within itself, for it goes beyond the bounds of reason in that it attempts to control a man's appetite by legislation, and makes a crime out of things that are not crimes. A Prohibition law strikes a blow at the very principles upon which our government was founded." - Abraham Lincoln
"There are a thousand hacking at the branches of evil
to one who is striking at the root"
~ Henry D. Thoreau
Strike The Root
|
Yrat
Happy Planting
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Re: Obama [Re: Picklez]
#286872 - 09/26/09 04:19 PM (15 years, 4 months ago) |
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so you admit that we delayed the crash until another 3-6 months when the homeowners can't pay, again.
the bailouts did nothing but prop up insolvent banks with taxpayer money so they could make their balance sheets look pretty. that doesn't change the fact that the economy is heading deeper into the shitter, meaning less people able to pay mortgages, and deeper bank debt. none of these problems were solved, but at least you and i now owe another $30,000 to our government for keeping us safe! (do you even pay taxes?)
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"Prohibition will work great injury to the cause of temperance. It is a species of intemperance within itself, for it goes beyond the bounds of reason in that it attempts to control a man's appetite by legislation, and makes a crime out of things that are not crimes. A Prohibition law strikes a blow at the very principles upon which our government was founded." - Abraham Lincoln
"There are a thousand hacking at the branches of evil
to one who is striking at the root"
~ Henry D. Thoreau
Strike The Root
|
Yrat
Happy Planting
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i think it does, and can argue for it. show me why it doesn't. so i guess you're openly admitting to embracing socialism?
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"Prohibition will work great injury to the cause of temperance. It is a species of intemperance within itself, for it goes beyond the bounds of reason in that it attempts to control a man's appetite by legislation, and makes a crime out of things that are not crimes. A Prohibition law strikes a blow at the very principles upon which our government was founded." - Abraham Lincoln
"There are a thousand hacking at the branches of evil
to one who is striking at the root"
~ Henry D. Thoreau
Strike The Root
|
Yrat
Happy Planting
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Posts: 886
Last seen: 11 years, 19 days
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Quote:
Triptonic said: No I'm against government. But I'm saying that free market doesn't work because of government, that is all. Also the government today is less corrupt than it used to be. I know hard to believe, but its true.
a free market doesn't have any government involvement, by definition. you can't say a free market won't work because of something that doesn't exist in said market.
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"Prohibition will work great injury to the cause of temperance. It is a species of intemperance within itself, for it goes beyond the bounds of reason in that it attempts to control a man's appetite by legislation, and makes a crime out of things that are not crimes. A Prohibition law strikes a blow at the very principles upon which our government was founded." - Abraham Lincoln
"There are a thousand hacking at the branches of evil
to one who is striking at the root"
~ Henry D. Thoreau
Strike The Root
|
Yrat
Happy Planting
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Quote:
Triptonic said: It doesnt work because there is invisible hand that is supposed to push down companys when they become to big. Also because the government cant stay out of anyting. It has been proven in history that it just doesnt work. I just learned about it lol.
you are referring to monopolies. a common belief is that unregulated markets lead to monopolistic control. this is not the case. an essay from mises.org:
Quote:
Fear of Monopoly
Mises Daily by Brad Edmonds | Posted on 3/1/2001 12:00:00 AM
The Microsoft trials remind us that the fear of industrial concentration is the last refuge of socialist theory. The claim is that capitalism ultimately fails because all (or most, or at least some) industries naturally congeal into monopolies in a free market. It follows that government must regulate industries to bring about "competition." It also follows that since some people in these giant private industries become unpalatably wealthy, it is fair to confiscate their personal wealth and give it to people who are less wealthy.
The assertion that free markets lead to monopoly is wildly incorrect. If the market is allowed to work freely over time, an apparent monopolist soon discovers that it indeed has competition. A company operating in a market economy looks like a monopoly only under myopically static analysis. A broader definition of any industry will show that there is plenty of competition, just as a narrow enough definition will show that any brand name product has some monopoly characteristics, such as a popular brand of ice cream.
The airline industry is an example. There are now two manufacturers of large passenger jets: Boeing and Airbus. Punditry has expressed inevitable fears over monopoly profits and passenger safety. However, Boeing's actions in the last three years--most notably, attempts to cut costs by modernizing the entire production process --suggest that Boeing believes it has competition.
Boeing is right, and the competition is not just from Airbus. Suppose Airbus closes its doors, and only Boeing remains. Suppose also that Boeing faces no government regulation. Can Boeing raise prices at will? If it does, in the short term, people who have to travel will find alternatives to air flight in increasing numbers. Airlines would use smaller planes as much as possible. In the long term, companies such as Beechcraft and Cessna, seeing higher than normal profits available to an interloper, might build larger jets.
Consider too the electricity business: As reported by The Economist (August 2000), deregulation in many places around the world is bringing about huge changes in the industry, including movement toward smaller local producers. Most countries and communities value a pristine environment, and smaller power plants can be "greener" than large ones. And sending power over smaller distances means that local plants, with higher at-source costs, are competitive with giant, distant plants because they save the costs imposed by distance. Thus, smaller local plants may be competitive with large producers very soon.
Automobile manufacturing provides another good example. In the early, less-regulated years of the 20th century, there were dozens of small automakers, from Deusenberg to Rambler. Now, with the purchase of Chrysler by Daimler Benz, it would appear the United States is down to two. Worldwide, Ford, General Motors, Daimler Benz, BMW, and others (even Fiat!) are buying out such storied makers as Rolls Royce, Land Rover, Jaguar, and Lamborghini.
These acquisitions seem superficially to suggest that monopolies are forming. Looking more closely, we see that the four acquired companies mentioned above were all suffering financial difficulties when purchased by others, and notably, the acquired represent marques many automobile enthusiasts consider worth saving. They were purchased because they weren't making money, yet offered appealing products that should be profitable. That someone was losing money building popular cars suggests not that the industry tends toward monopoly, but that there were management shortcomings.
The automobile business continues to be stiffly competitive. Startups such as Hyundai and quasi-independent marques such as Saturn and Geo show that the high cost of entry into this capital-intensive industry is not enough to dissuade newcomers. Further, new trends such as the SUV and specialty vehicles such as the popular retro-kitsch Chrysler PT Cruiser show that even established automakers still must innovate to survive.
These three industries--planes, automobiles, and electricity--are three of the most capital intensive, and all show that when the market is free, there is no monopoly. But for the sake of argument, let's assume that your electric company decides to triple its rates. What would happen? In the short term, people would use candles for light, turn down their thermostats, and find other ways to use less power. In the longer term, we would find alternatives to our current provider, and the freer the market, the less time this would take. Economic profits attract entrepreneurs from under rocks, and some of these new competitors will offer truly good deals.
If your electric company, or Boeing, decided to raise prices arbitrarily, and customers were forced to find long-term alternatives, would there be inconvenience? Certainly. But any inconvenience would signal entrepreneurs that profits were available, and they would act. Over time, this natural market process would have us enjoying more choices, and more affordable ones. Contra Marx and Galbraith, free competition does not generate monopolies, but rather stymies them.
This is to say nothing of the inherent problems with all supposed fixes to the nonexistent problem. Antimonopoly laws create a moral hazard that tempts failing business to use regulations to beat up their competition (the Microsoft case is a good example). And the history of antitrust and its destructive effects indicate that government is incapable of doing a better job of managing shape of industry than the free market.
my summary: the very action of taking advantage of your monopolistic state opens you up to competition. by using your monopolistic position in a market to disadvantage customers, you encourage entrepreneurs to undercut you. thus, a free market actively discourages monopolies that use their situation for excessive gain. if a monopoly does form and take advantage of its customers, it is only a temporary situation before competition materializes to take advantage of the unsatisfied customer base, and the monopoly is destroyed.
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"Prohibition will work great injury to the cause of temperance. It is a species of intemperance within itself, for it goes beyond the bounds of reason in that it attempts to control a man's appetite by legislation, and makes a crime out of things that are not crimes. A Prohibition law strikes a blow at the very principles upon which our government was founded." - Abraham Lincoln
"There are a thousand hacking at the branches of evil
to one who is striking at the root"
~ Henry D. Thoreau
Strike The Root
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