Quote from libertad:
Excellent Excellent Commentary All
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Capitalism is just starting.....
The most recent example of utter failure regarding
socialism is Venezuela...
Even during a time of the utmost ease in revenue generation due to the fact that the major revenue generator is oil....Venezuelan economics have collapsed...the currency is down over 20%...interest rates above 15%.....the valuation of their most promising assets have fallen more than 50% because of the complete dismissal of capitalism to help form business valuations...Chavez has even just lopped of zeros from the currency to make it look stronger....Chavez style socialism is a failure...There are food shortages...etc...etc..
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The internet has openned the window of opportunity for education....government...and many forms of work.....
Internet voting has already started in Arizona...
No doubt turn outs would be much higher....
No doubt voters would be better informed about their candidates...the list goes on and on...where does tax money really go...etc...etc...etc...this is common sense...
The internet is creating incredible efficiencies...
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Education
http://www.eric.ed.gov/
What household would not welcome the fact that they
know that they are not going to have to come up with another $40,000 per year to provide their child with a decent education option...or join the local country club ...or fraternity ...to get the right contacts to get a job...
What child wants to be in front of some teacher with a chalk board when they can go to school on their time...interact with the best professors in the world...have access to the best information in the world...and do it in a theatre type setting with multiple screens ..computers...and surround sound....the list goes on...
Is a child more motivated if they actually like to go to school ?
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The New Capitalism
http://yalepress.yale.edu/book.asp?isbn=030010782X
There is no true capitalism in any country ...
However....this is where Chavez has got it wrong...The same productive assets in socialism simply do not create the money that stocks create on an electronic exchange in a capitalistic system...therefore witholding the funds that are so much needed by the population...why not tap these funds...
When a person devotes a good portion of their time everyday...they deserve to own stock in their company....This is just common sense that one would want to be more productive when they have a piece of the action...
Why should less than 1% of the people own and control over 50% of all the assets ? Why should a frat boy ceo get 10000 times the pay of one of his coworkers...
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Interest free nonobligatory money ...called stocks that trade on an electronic exchange...whole labels can be owned for a second or ten years via the internet for almost no cost for ownership name transfers...is the way to go...simply because of efficiency...
However what needs to be added to the stockmarket railroad are all of the exhanges in unison....as well as the types of equities even being further diversified...whose monies can be allocated to even more types of businesses...
It is rediculous for one to pay 30 cents in one country and $30 in another for 100 shares... The exchanges are becoming commoditied computer banks...and could be in any country...
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Look the country that wins the capitalist game is the government that forms an environment such that all of the stellar companies of the world will want to domicile on their domain...
Look even the Vice President of the USA´s company has changed its domain to another country...
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Americans are tough....The US loves Football and Wars....you know.... get tough on oil...
Ban it...ban every vehicle that burns it....let them stack up at the port authority...ship the metal to Mitsubishi...and birth out a big pile of electric cars.....FUCK OIL !!!!!
Mandate electricity and solar...Just get it done...
The Iraq war is all about 90 cents to $2.00 per barrel lifting costs...
Spend the development money on solar and electricity...
Ethanol produced on land...is a cruel inefficient hoax that if not stopped will cost the US another $400 billion in the next 4 years alone....Land is for food....Admit the mistake...and move on...why dig a deeper hole...?
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Eliminate the IRS...
Eliminate it....put in a consumption tax....
A consumption tax allows productive assets to be more fully valued and is more efficient...If the US will get ahead of the curve on this one...every stellar company will domicile in the US...
Asset valuation alone answers this question..................
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Man...the US is still in its infancy....blow out the mistakes...and move on...If the US does not get this done...nobody else will...
This is so easy....the list just gets longer and longer... [/B]