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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: GST who wrote (40561)8/2/2011 2:18:35 PM
From: John1 Recommendation  Respond to of 71463
 
It is important to differentiate between real capitalism and faux capitalism.

In real capitalism, someone has a great idea, brings it to market in the form of product or service, and is rewarded with wealth. He sinks or swims based on his own merit.

In faux capitalism, someone has a bad idea, implements it in the form of a failed business model, and then pays politicians in both political parties to bail him out and reward him with additional wealth using YOUR money.

Real capitalism is an excellent idea. Faux capitalism is a crime.

The vast majority of what is wrong in the United States today can be traced back to large corporations (including the Federal Reserve) that contribute large sums of money to both political parties and regularly call in favors to Congress and the WH, regardless of which side is in power.

Of course, that practice does not address or solve social, economic, political, or cultural problems. It only serves to ensure that elected officials will implement the orders given to the elite moguls who pay to keep them in office.

That is exactly why we see Congressmen, Senators, and Presidents pretending to wince, cry, piss, and moan, all the while whining, "This bill really sucks for America! It sucks like nothing has ever sucked before, but I'm going to vote it into law because I have no other choice!" They pull that stunt over and over and f'king over again -- both f'king sides! -nfg-

Their whole world revolves around keeping interest payments flowing to the Federal Reserve on their worthless fiat paper. They take a piece of paper, declare it is worth something, loan it to you, and send their IRS mobsters to collect back $1.50, literally at gunpoint, in the form of your time and labor.



To: GST who wrote (40561)8/2/2011 4:19:56 PM
From: PJr  Read Replies (3) | Respond to of 71463
 
Lobbyists successfully exist for one reason, and one reason only.... to buy favors for their employer. Many of the "favors" are tax favors in return for campaign contributions. To think that Congress will EVER change the tax system to a "Fair Tax" or a "Flat Tax" is naive. Such revisions to our tax system would effectively eliminate the need for lobbyists thus cutting off the largest source of money for Congressional reelection campaigns.

Could a revamp of the tax system eliminate the corrupt consequences of lobbyists? Yes. Could it eliminate one bureaucracy (the IRS) thus saving taxpayer money and reducing the size of government? Yes. Could it raise additional revenue? Yes. Would it be more fair? Yes. Would it go a long way to satisfying the delta between revenue and spending? Yes.

Will it ever happen? No! Congress will NEVER cut off the source of major funding for their campaigns. They will merely TALK about tax reform while having no intention of changing it.

So it goes. We need to live with it and quit whining, or change it by voting against incumbents in all future elections regardless of party. Only voters can eliminate the concept of a political "career". Career politicians cause most governmental problems, and most of the division and animosity that exists within this country. It couldn't be more clear after what we have been witnessing in the past weeks and months. No one is a winner in this mess. We are becoming a laughing stock throughout the world. Sad ......

Pat



To: GST who wrote (40561)8/2/2011 7:22:18 PM
From: Paxb2u  Read Replies (1) | Respond to of 71463
 
Agree with that. Also lower the threshold for paying taxes. 51% not paying any thing is a bit absurd. --Peace