A Socialist Tsunami

[Pa(b)st Prime]

Quote from traderNik:

Pabst, that detailed rebuttal by BLB seems to require a point by point response.

Yea I agree. I'll need to delay my well deserved night out for a half hour or so.

 

[BlindLemonBoosh]

Quote from Pa(b)st Prime:

Yea I agree. I'll need to delay my well deserved night out for a half hour or so.

Why waste ANY of a perfectly good Friday night out? It can wait - don't you think?

 

[Vista]

Quote from BlindLemonBoosh:

The Social Security Act signed on 8/14/35. Note the systemic failure that preceded the signing. The more corrupt capitalism is allowed to become, the stronger the snap back to socialism. Prudent regulation in capitalist markets is a must, not an option. Human nature will sabotage unrestrained free markets every time.

The problem is markets were not allowed to be unrestrained. Liberals used to accuse banks of "redlining" (Research the Community Redevelopment Act). Political Correctness won. Banks were basically put into a half-nelson and forced to provide loans to lower income and/or undesirable credit applicants that should've been renting.

Free markets work. They don't need to be restrained or needlessly controlled. When they are, that's when things go to hell, like they have. Protection from fraud, of course is a different issue.

 

[Pa(b)st Prime]

Quote from BlindLemonBoosh:

Why waste ANY of a perfectly good Friday night out? It can wait - don't you think?

Florida is a fucked up place. At 6 the bars are packed for Happy Hour. By 8 they're empty until midnight. I've got a freind in town who wants to "check out places"-I'm less than enthused. I'm already on my 5th El Presidente'. This is why the white stuff used to come in handy.

Here's an article that will dispel much of your Exxon specific argument.

http://seekingalpha.com/article/887...pital-and-exploration-spending-in-perspective

 

[BlindLemonBoosh]

Quote from Vista:

Free markets work. They don't need to be restrained

Any marketplace occupied by the human race requires appropriate restraints.

 

[BlindLemonBoosh]

Quote from Pa(b)st Prime:

Here's an article that will dispel much of your Exxon specific argument.

It didn't.

 

[Vista]

Quote from BlindLemonBoosh:

Any marketplace occupied by the human race requires appropriate restraints.

"In Europe, some political leaders, including conservatives like President Nicolas Sarkozy of France, have declared the death of laissez-faire economics." HeraldTribune

Let France take that route, let's not do the same. What would be some appropriate restraints?

 

[bigdavediode]

Quote from Vista:

"In Europe, some political leaders, including conservatives like President Nicolas Sarkozy of France, have declared the death of laissez-faire economics." HeraldTribune

Let France take that route, let's not do the same. What would be some appropriate restraints?

How about "not putting Melamine into food."

 

[Vista]

Quote from bigdavediode:

How about "not putting Melamine into food."

I think that goes without saying.

Again, what would be appropriate restraints to place on a Free Market, other than restraints that keep Free Markets from depriving people of their life, liberty or property through either force or fraud?

 

[bigdavediode]

Quote from Vista:

I think that goes without saying.

No, it didn't obviously, because it happened.

Again, what would be appropriate restraints to place on a Free Market, other than restraints that keep Free Markets from depriving people of their life, liberty or property through either force or fraud?

No one was deprived of life due to melamine in food, that anyone can actually prove.

It increased risk of kidney stones, but that's not "life" and no one can really be 100% sure that it was the cause.

So your philosophy that someone needs to be deprived of "life" or "property" is wafer thin.