socialism in America.

[Humpy]

Forceful taking from private citizens does work to an extent.

Chavez made it "work" ... till it no longer "worked".

Yes I agree it can be done right up till it collapses like it always does.

As to how can The Fed own a share of US GDP. By you posting here (unless you are a Socialist bot) I assume you can read, right? The news media has been all over it for years and years. Trillions of treasuries on its balance sheet bought with "printed money" the socialist way, which fueled the stock market. Many traders park treasuries in a trading account to backstop their stock and or futures trading. The Fed likewise. Also previously there was Maiden Lane I and II. Last but not least Fed rules were changed either during or after the last economic crisis to allow them to be able to buy anything. Annnny thing.

But who knows really how much and what percent they do buy. They answer to no one. Another thing ruling Socialists do.

Most think the Fed is some sort of beneficial Government organisation.
It is not at all. It is privately owned since the big bankers put it together decades ago.
Are these guys interested in Socialism or the welfare of the people ? Not likely. They are interested in pocketing even more money.
How do they do this ?
By the cycle of pumping and then dumping at the top.
Where is the current cycle ?
Now that is the million dollar question.
Don't expect me to answer that one for you.

 

[NeoTrader]

Are these guys interested in Socialism or the welfare of the people ? Not likely.

Funny... You seem to think that "Socialism" and "The welfare of the people" are correlated things. Nothing could be further from the truth...

Socialism is the tool government officials and corrupt businessmen use to take money from the people promoting exactly the opposite of welfare. So, yes, the FED is a perfect example of Socialism since it is a private organization with very strong relations to the federal government, which promotes exactly the opposite of "welfare of the people".

 

[Martinghoul]

Ah, I should have known we’ll eventually get to that ole chestnut, the Fed...

 

[newwurldmn]

Ah, I should have known we’ll eventually get to that ole chestnut, the Fed...

The fed is owned by the rothschilds

 

[murray t turtle]

and remember... Socialism works great, until you run out of other peoples money.
---Margaret Thatcher.

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Amen;Or until some simply kill the ''ACA TRAINWRECK '' [socialized med]. Twenty state AGs are in a lawsuit to do just that....========================================

 

[murray t turtle]

In the U.S. most people are brainwashed to think the U.S. is the greatest country on the planet, the only free country, etc. etc. People think that if the people were more empowered at the expense of the multi-national corporations we would end up like N. Korea. The U.S. scores high on GDP but fails miserably in other important metrics some not shown below like child poverty, many that we once scored highly on after the industrial revolution (post WW2).

View attachment 183921

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True, comagnum,but USa still has huge freedoms/capital opportunities. Socialism has so much taxes/ gov goofs/control its a royal mess.A HIGH income gap means some made it; NO one in USA is poor compared to most of all the world.Thanks

 

[Humpy]

The USA is not a democracy. It is a plutocracy. That means money orientated. The rich get richer and the poor- Well nobody except a few despicable libtards, gives a flying fuck about.

 

[qxr1011]

https://mises.org/sites/default/files/Intellectuals and Socialism_4.pdf

 

[qxr1011]

 

[qxr1011]

The USA is not a democracy. It is a plutocracy. That means money orientated. The rich get richer and the poor- Well nobody except a few despicable libtards, gives a flying fuck about.