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To: Maurice Winn who wrote (36198)7/17/2003 2:17:03 PM
From: Ramsey Su  Read Replies (1) | Respond to of 74559
 
Maurice,

your opinion of Greenspan is worse than your blind faith in that G* dog. Trust me. Stop this nonsense now before you make a big fool of yourself again. <ggggg> Greenspan will go down in history as the bubble king, one that Americans will remember well when they have to work till 90 before retirement.

Ramsey



To: Maurice Winn who wrote (36198)7/17/2003 6:40:46 PM
From: Oblomov  Read Replies (1) | Respond to of 74559
 
Actually, I think that, as Fed Chairman, for political reasons he has not been able to conduct policy in accord with his own anarcho-capitalist convictions. But I would much rather have a compromised libertarian in the office than a nutjob with a grand mission of social uplift.

I agree that Sanders represents a discredited and preposterous political philosophy. He would probably agree with the tenets of Huey Long's "Share Our Wealth" program:

1. Tax away 100% of personal wealth above US$ 8MM, with the wealth tax starting at US$10K.
2. An individual income limit of US$ 1MM
3. The taxed wealth would be redistributed to the poor
4. Work week shortened to 30 hrs/wk, 11 mos/yr, or less
5. Free college and vocational education
6. A pension for those 60+ yrs of age to "support them in comfortable circumstances"
7. A moratorium on collection of all debts

Maybe he would agree with these points from the 25 point plan of the Nazi Party, written by Hitler himself:

<Quote>
Therefore we demand:

11. That all unearned income, and all income that does not rise from work, be abolished.

12. Since every war imposes on the people fearful sacrifices in life and property, all personal profit arising from the war must be regarded as a crime against the people. We therefore demand the total confiscation of all war profits whether in assets or material.

13. We demand the nationalization of businesses which have been organized into cartels.

14. We demand that all the profits from wholesale trade shall be shared out.

15. We demand extensive development of provision for old age.

16. We demand the creation and maintenance of a healthy middle-class, the immediate communalization of department stores which will be rented cheaply to small businessmen, and that preference shall be given to small businessmen for provision of supplies needed by the State, the provinces and municipalities.

17. We demand a land reform in accordance with our national requirements, and the enactment of a law to confiscate from the owners without compensation any land needed for the common purpose. The abolition of ground rents, and the prohibition of all speculation in land.


<end quote>