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.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: combjelly who wrote (943325)6/27/2016 11:06:08 PM
From: puborectalis1 Recommendation

Recommended By
bentway

  Respond to of 1573711
 
Just 45 percent of Republican voters say they are satisfied with Donald Trump as their party's presumptive presidential nominee, while 52 percent say they would have preferred someone else, according to results from the latest national NBC News/Wall Street Journal poll.

By comparison, the numbers are reversed for Hillary Clinton among Democrats - 52 percent of Democratic voters are satisfied with Clinton, and 45 percent prefer someone else.




To: combjelly who wrote (943325)6/27/2016 11:11:23 PM
From: i-node  Respond to of 1573711
 
>> That is why, in a crisis, we are all Keynesians.

It is pretty evident now that Friedman understood these issues far better than did Keynes.



To: combjelly who wrote (943325)7/4/2016 12:22:41 PM
From: RetiredNow1 Recommendation

Recommended By
i-node

  Respond to of 1573711
 
Well, at least we can agree that capitalism needs to be well regulated. We haven't had that for awhile now. The regulators are all completely captured and compliant in this country. They basically are shills for the corporations. Hillary herself is the greatest example of a shill for Wall Street. And Obama and Holder absolutely refused to prosecute and jail the banksters. Without regulation and enforcement, we get what we have today....crony capitalism where fraud is the business model and government fines for corporations when they are caught are just an expected cost of doing business.

The difference between us is that you see the same problems, but then you believe Capitalism is bad and must be irradicated and replaced with Socialism, despite all the historical evidence that Socialism results in slow to no growth economies and very little innovation...and that's at best. At worst, it results in Cuba, Venezuela, and Argentina. And let's not forget that Nazi Germany was Fascist and Socialist at their core as well. What I see is a Capitalism run amok with zero regulation and zero enforcement of our criminal laws. With a proper executive branch and regulatory bodies that are not captured by a faithless and corrupt elite, we would have a high growth, innovative, Capitalism, as we have had in the past, that would lift all boats, including that of the middle class, as has happened in this country in the past.

So my solution is to NOT throw out the baby with the bathwater, but to make a course correction and bring back the morality and vitality of our government and economic system, instead of just burning it down and replacing it with Socialism, which is guaranteed to make us all poorer.

You don't make us more equal by tearing down the greatest among us, but rather by giving everyone the equal opportunities to succeed or fail based on their own efforts, you create the environment of mutual respect with the right amount of competition that leads to innovation and prosperity, with proper regulation to keep fraud, crime, and cronyism to a minimum.

First step, eliminate Citizens United. Second step, eliminate the Federal Reserve. Third step, prosecute ALL criminal vigorously, including the bankers and Hillary and Trump. No one can be above the law. If our courts find them innocent, then so be it. But our President and Attorney General should not give anyone a free pass from indictment, just because they are politically connected.

Check out this article. I found it reasonable well balanced and there's a lot of truth in it:
Why the World Is Rebelling Against ‘Experts’
thedailybeast.com



To: combjelly who wrote (943325)7/4/2016 9:15:42 PM
From: i-node  Read Replies (2) | Respond to of 1573711
 
>>wealth concentrations start to appear and that leads to unfair markets due to monopolies and the siren lure of rent seeking behavior.

Unde r which economic systems do you believe wealth doesn't concentrate? And what are these monopolies you are talking about that appeared without government sanction?