The Protesters got the diagnosis right but the solution wrong.
America is ruled by Fortune 100 and Bankers. True.
But the answer isn't Socialism.
America is ruled by Fortune 100 and Bankers. True.
But the answer isn't Socialism.
Hey. "This Occupy Wall Street" thing is starting to grow.
- Thread starter wilburbear
- Start date
You do know that regulations only empower the large corporations right? Right?
I think we already have that. Regulators are controlled by the very industries they're charged to regulate. This isn't Capitalism. What we have is more of a fascist plutocracy where the top 50-100 Corporations run Government, by proxy.
I think the best answer is a free market one. Free market means no bailouts, and with a hard currency, no printing press for Corporations to lobby over. Regulations are sold as consumer protections, but are invariably hijacked by established Corporations to protect themselves from competition.
In theory, regulations should work. But in practice, they don't. Just like in theory, Keynesian economics should work. But in practice, politicians continually run up the debt to get (or stay) in office, and then we end up like Greece.
The problem is academic solutions ignore the fundamental nature of man, which is corrupt. That's why all these well-meaning College kids think Socialism is the answer, when in fact, it would exacerbate the problem. The Founders put all these checks and balances in place and limited the size and scope of the Federal Government because people trend towards evil. Well-meaning College liberals incorrectly assume every one else is just as well-intentioned as they are, so they champion bigger, more "loving" Government... It's a trap.
....And if you really wanna bake your noodle, most of the environmental groups that pushed for oil drilling and refining bans in the US were financed by Big Oil. Not Green Peace.
The whole idea is artificial scarcity. Create supply bottlenecks by regulating competition out of existence and what's left over is an oligarchy with huge pricing power.
That's how we get fucked, day-in, day-out, with all these "regulations".
The whole idea is artificial scarcity. Create supply bottlenecks by regulating competition out of existence and what's left over is an oligarchy with huge pricing power.
That's how we get fucked, day-in, day-out, with all these "regulations".
Ahh yes, you are quoting from the great text, "Tao Te Ching". So very true.
That wise man needs to kick me so I can rise up and shove my K-Bar right through his fucking throat.
