SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: neolib who wrote (262569)7/21/2010 1:05:57 AM
From: tejekRespond to of 306849
 
is what leads to revolutions.

As Marx(??) said, Religion is the opiate of the people, he should have seen what Ayn's flavor is capable of. Its even better than religion in general because its economic religion. Its about the very topic your revolution is about. So it does an excellent job of preventing the revolution.

Normal religions keep the populace drugged by assuring them of a better world to follow their dismal lot in this world. Free market opiate keeps the lower populace going by assuring them that a few of them can escape in this life and join the stratosphere. Keeps the rest of them beavering away. No different than the lotto I guess.


Yes, its how they keep people down on the farm. Words like socialism, minority entitlement, liberalism, affirmative action et al are the buzzwords that have kept Americans from questioning how they are getting screwed under the present form of capitalism popular in this country.

However, this time may be different. The 'people' believe they elected Obama.....not the rich, not the corporations. The true populism in this country is not the teabag party but the people who are pushing for bank and health care reform. Their numbers are much larger. And they have a growing sense of their power and if anything, they are more angry than the tea baggers. I hope they truly get it because the course the US has been on for the past 30 years will only lead to our demise.



To: neolib who wrote (262569)7/21/2010 11:20:56 AM
From: RetiredNowRead Replies (4) | Respond to of 306849
 
Don't go too far in your ideology. Free markets are what made this country great, but they DO need to be regulated and those regulations need to be enforced. Laissez faire, which is how the GOP's free markets work, is evil and will destroy this country. But enforced regulations on free markets will help this country remain strong economically for as far as the eye can see.

My first job was as a paper boy. My second was at McDonald's. Now, I have all the money I need and am hoping to retire in 5 years with a passive annual income exceeding my take home pay that I get working today. Whether I get social security or not is irrelevant to my retirement plans.

How did I do it? I got a darned good education by studying hard (accumulating huge debt in the process). In addition, I worked my ass off and saved between 25% and 50% of my income through the years, from the day I started working. All things are possible in the US. But if we move too far towards socialism or jettison our free markets with never-ending bailouts and Keynesianism, then religion will be the only thing we have left, because class mobility will be a thing of the past.