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To: Hawkmoon who wrote (88249)3/22/2012 9:21:45 AM
From: Cogito Ergo Sum1 Recommendation  Respond to of 217869
 
sweet



To: Hawkmoon who wrote (88249)3/22/2012 9:59:15 AM
From: Maurice Winn1 Recommendation  Read Replies (4) | Respond to of 217869
 
Hawk, if we consider the seven cardinal sins there is some guidance on those questions. In fairness to those who accepted government largess, it was offered to them, they didn't take it by force. They don't even get a vote. In my government, we might provide funds, but it would be in exchange for the shares of the company or the assets of it. There would not be shovel ready money free for those who mismanaged their businesses.

If the wealth is obtained in fair exchanges of value between people then there is no limit to how much should be obtained. Since it is obtained by exchange of value, it is ipso facto true that the wealthy people have created the most value for other people.

As you correctly pointed out, such exchange of value thinking rather than conquest by force and normally genocide is a modern thing on a macro scale and a hugely successful thing it is. Until even now, people, like animals, obtained food and other good things by hunter gatherer possession by force conferriing ownership.

Governments universally still obtain their taxes by force from their taxpayers. Anyone who resists will be met with all the force of the state. None of them operate on Tradable Citizenship purposes.

Mqurice



To: Hawkmoon who wrote (88249)3/23/2012 2:08:18 AM
From: average joe  Read Replies (1) | Respond to of 217869
 
"But I do know that the more wealth held in the hands of the few, especially when obtained via legal loopholes, or white collar theft (or taxpayer funded bailouts), the greater the economic imbalances that arise."

It was the elected government that put a taxpayer funded bailout in the hands of a few not Ayn Rand.

"When I say “capitalism,” I mean a full, pure, uncontrolled, unregulated laissez-faire capitalism—with a separation of state and economics, in the same way and for the same reasons as the separation of state and church." AR


If the government was to confiscate all the wealth of all the billionaires in the US right now it would barely pay a smidgen on the national debt. All that happens with a tax payer funded bail out is a dilution of the money supply with bad managers being rewarded and good managers being penalized and the average joe having less buying clout. All it does is buy some time on an inevitable collapse and make that collapse bigger.

"When you see that trading is done, not by consent, but by compulsion - when you see that in order to produce, you need to obtain permission from men who produce nothing - when you see that money is flowing to those who deal, not in goods, but in favors - when you see that men get richer by graft and by pull than by work, and your laws don't protect you against them, but protect them against you - when you see corruption being rewarded and honesty becoming a self-sacrifice - you may know that your society is doomed." AR