Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: koan who wrote (1061397)	3/20/2018 10:35:33 PM
From: James Seagrove	1 Recommendation Recommended By FJB Respond to of 1575173

“Democratic” in its original meaning [refers to] unlimited majority rule . . . a social system in which one’s work, one’s property, one’s mind, and one’s life are at the mercy of any gang that may muster the vote of a majority at any moment for any purpose. “How to Read (and Not to Write),” The Ayn Rand Letter, I, 26, 4

To: koan who wrote (1061397)	3/20/2018 10:36:20 PM
From: James Seagrove	2 Recommendations Recommended By FJB Taro Respond to of 1575173

“The American system is not a democracy. It is a constitutional republic. A democracy, if you attach meaning to terms, is a system of unlimited majority rule; the classic example is ancient Athens. And the symbol of it is the fate of Socrates, who was put to death legally, because the majority didn’t like what he was saying, although he had initiated no force and had violated no one’s rights. Democracy, in short, is a form of collectivism, which denies individual rights: the majority can do whatever it wants with no restrictions. In principle, the democratic government is all-powerful. Democracy is a totalitarian manifestation; it is not a form of freedom . . . . The American system is a constitutionally limited republic, restricted to the protection of individual rights. In such a system, majority rule is applicable only to lesser details, such as the selection of certain personnel. But the majority has no say over the basic principles governing the government. It has no power to ask for or gain the infringement of individual rights.“ Ayn Rand

To: koan who wrote (1061397)	3/21/2018 9:40:12 AM
From: locogringo	1 Recommendation Recommended By FJB Respond to of 1575173

House GOP Leaders Scalise, McCarthy Sign Letter Demanding Second Special Counsel to Investigate Obama’s FISA Abuse HT:FUBHO

To: koan who wrote (1061397)	3/21/2018 2:28:14 PM
From: RetiredNow	Read Replies (2) \| Respond to of 1575173

No, I don't think the Millennials want to lose the freedoms and prosperity that came with what we once had of Democratic Capitalism. However, to them, Bernie made Socialism cool. And most of them, even though highly educated, are simply ignorant of how Socialism saps freedom and wealth until nothing is left. It's so easy to vote yourself benefits, but it's hard to accumulate the surpluses needed to pay for those benefits. That's why Socialism is an easy sell, but always destroys the finances of countries where it is implemented. It's too bad you don't understand the cause and effect here. As I've said, I don't live in the world of books on this topic. I've read a ton on it, but my family has lived it. So I think you do a lot of speculation and so do the Millennials, but the Ivory Tower doesn't have a clue when it comes to this subject. Their Socialist Utopia is a myth.