Getty Images and AARP present the Disrupt Aging Collection, a searchable photo collection that redefines what it means to get older. Take a look.

Reply
Treasured Social Butterfly
1
Kudos
432
Views

Re: Capitalism Produced - Theranos - Enron - Trump U

432 Views
Message 31 of 41

@rk9152   -

 

Did the government act correctly in indicting, convicting and imprisoning "Pharma bro" Shkreli?

He was found to be using a contraband cell phone to run his business from inside the prison walls, and has now been placed in solitary confinement.

Do you think that's an appropriate action?

 

What of Elizabeth Holmes - the liar and fraud behind Theranos?

 

She's been charged - should she be tried for the criminal offenses she has been accused of?

 

Both of them were capitalists at the top of the food chain.

 

Do you maintain that the government went too far, or did it do exactly as it should have?

 

What of an act of vandalism and rebellion on the night of December 16, 1773 - when what would be a million dollars in today's money worth of tea was destroyed?

Are you in sympathy with the capitalist scum from across the ocean - or in sympathy with the patriots who fought and defeated capitalists to establish freedom in this nation?

 

Thomas Jefferson thoroughly understood that separation of church and state was intended by the founding fathers in the Establishment Clause of the First Amendment - after all - he was there much of the time and in personal contact with a majority of the Founding Fathers, and knew well what they intended in the Establishment Clause.

 

He was not at all in favor of people in his era who were like today's dishonest and despicable scumbum tRump and his fellow criminally dishonest republicans...

 

(4) Name That Socialist! - "I hope we crush themoniedd corporations!" -ThirdChoiceVideossHDD -YouTub...

 

Obviously there is no God out there that cares about the United States - if such a deity existed - a bolt of lightning would have made tRump a crispy critter some time ago.

 

44>dolt45
Report Inappropriate Content
1
Kudos
432
Views
Treasured Social Butterfly
1
Kudos
392
Views

Re: Capitalism Produced - Theranos - Enron - Trump U

392 Views
Message 32 of 41

@rk9152 wrote:

@mickstuder wrote:

@rk9152 wrote:

@mickstuder wrote:

@rk9152 wrote:

And it provided the breakfast you ate this morning. Is it perfect - certainly not. But it is better than any alternative out there.


No I paid for the breakfast I ate this AM & so didn't every other American Tax Payer - because the breakfast most of us ate this AM was paid for by subsidies from the Trump Federal Government to US Farmers

 

Some of the Electricity I used this AM was also paid for by US Tax Payers in the form of Federal Subsidies to the dwindling 24% of energy produced in the USA from subsidies to Coal Mine Corporations

 

Just a few examples of what you refer to as Capitalism - State Sponsored Corporations Corrupt Free Markets

 

BTW - I paid for it all with a phony State Valued US Dollar - so this worship of a Concept called Capitalism might fly with the Trump Zealots but for those willing to do the research & open their eyes - it's all a rigged system supported by monetary subsidies & political selection of winners & losers for any segment of the Economy unable to compete on it's own without failing

 

Theranos was protected by Politicians Republicans & Democrats for a decade until a whistleblower came forward

 

Competition defines Capitalism not Federal Government Subsidies

 

 

 

 


Yes, to a degree farmers are subsidized. It is an old tradition based on insuring that they are able to produce the food we need and to assure stability in cost as well as availability. The food you ate was produced by a very large network of people all of whom did what they did for only one reason - to make money to provide for themselves and their families.

 

To say "paid for by subsidies" is flat out false because it implies totality. And Including President Trump is also dishonest since in implies he started farm subsidies.

 

As to assisting industries so as to keep them viable and keep their employees employed and their customers supplied is not a detriment to capitalism - it is an assist. Just like regulations that assure the competitive nature of the market place - as opposed to having the IRS compete with Turbotax for example.

 

However, you seem quite mad about capitalism. Shall we discuss your alternative system?


No Lets First Discuss - Capitalism

 

Capitalism even allowing for the most generous definition is not what's going on the United States

 

The Minute the US Government spends one $ of Tax Payers Money on bailing out a US business unable to compete - you've lost the Capitalism Argument

 

That's it - it's No More Complicated than that...........

 

I've provided several examples of Government Intervention in the Economy from Artificial Juicing of the Value of the US Dollar to Giving Free Money from American Tax Payers to Corporations who cannot compete in the Free Market they themsleves Chose to be in

 

Spare me the Lecture about Whataboutism

 

What other Countries are doing is not pertinent to a discussion about the virtues of Capitalism vs anything else

 

The Minute the US Government spends one $ of Tax Payers Money on bailing out a US business unable to compete - you've lost the Capitalism Argument

 

The Minute the US Government intervenes in the Value of a $ - you've lost the Capitalism Argument

 

The US might be operating under some General Principles of Capitalism but so dont Drug Cartels & Organized Crime

 

 

What other System is irrelevant until we agree what we have now is not Capitalism

 

 

 


How would you prefer to see Capitalism work here? 

 

As to the government - if the national good dictates that an industry (food e.g.) is in need of help, there is nothing wrong with that - unless it interferes to assist one competitor over the other. It is also important for the government to interfere in the regulation sense to insure the freedom of the market - such as anti-trust.

 

The Minute the US Government spends one $ of Tax Payers Money on bailing out a US business unable to compete - you've lost the Capitalism Argument

 

That is true if it is taking sides in the competitive market place.

 

What other Countries are doing is not pertinent to a discussion about the virtues of Capitalism vs anything else

And yet some keep bringing up Australia, EU, Sweden, etc.

 

The only Measurable distinction between Capitalism and Socialism is the Scope of Government Intervention in the Economy

That is true - in real socialism like fascism, it is total. our goal has to be to minimize it to it's absolute necessities. Example - keep the IRS from competing with private tax preparers.

 


Diversion - Misleading - Untruths

 

The Tennessee Valley Authority is a federally owned corporation in the United States created by congressional charter on May 18, 1933

 

 

The Tennessee Valley Authority provides navigation, flood control, electricity generation, fertilizer manufacturing

 

Source - TVA hasn't destroyed the South

 

https://en.m.wikipedia.org/wiki/Tennessee_Valley_Authority

 

 

 

 

 

 

 

( " China if You're Listening - Get Trumps Tax Returns " )

" )
" - Anonymous

Report Inappropriate Content
1
Kudos
392
Views
Valued Social Butterfly
0
Kudos
396
Views

Re: Capitalism Produced - Theranos - Enron - Trump U

396 Views
Message 33 of 41

@mickstuder wrote:

@rk9152 wrote:

@mickstuder wrote:

@rk9152 wrote:

And it provided the breakfast you ate this morning. Is it perfect - certainly not. But it is better than any alternative out there.


No I paid for the breakfast I ate this AM & so didn't every other American Tax Payer - because the breakfast most of us ate this AM was paid for by subsidies from the Trump Federal Government to US Farmers

 

Some of the Electricity I used this AM was also paid for by US Tax Payers in the form of Federal Subsidies to the dwindling 24% of energy produced in the USA from subsidies to Coal Mine Corporations

 

Just a few examples of what you refer to as Capitalism - State Sponsored Corporations Corrupt Free Markets

 

BTW - I paid for it all with a phony State Valued US Dollar - so this worship of a Concept called Capitalism might fly with the Trump Zealots but for those willing to do the research & open their eyes - it's all a rigged system supported by monetary subsidies & political selection of winners & losers for any segment of the Economy unable to compete on it's own without failing

 

Theranos was protected by Politicians Republicans & Democrats for a decade until a whistleblower came forward

 

Competition defines Capitalism not Federal Government Subsidies

 

 

 

 


Yes, to a degree farmers are subsidized. It is an old tradition based on insuring that they are able to produce the food we need and to assure stability in cost as well as availability. The food you ate was produced by a very large network of people all of whom did what they did for only one reason - to make money to provide for themselves and their families.

 

To say "paid for by subsidies" is flat out false because it implies totality. And Including President Trump is also dishonest since in implies he started farm subsidies.

 

As to assisting industries so as to keep them viable and keep their employees employed and their customers supplied is not a detriment to capitalism - it is an assist. Just like regulations that assure the competitive nature of the market place - as opposed to having the IRS compete with Turbotax for example.

 

However, you seem quite mad about capitalism. Shall we discuss your alternative system?


No Lets First Discuss - Capitalism

 

Capitalism even allowing for the most generous definition is not what's going on the United States

 

The Minute the US Government spends one $ of Tax Payers Money on bailing out a US business unable to compete - you've lost the Capitalism Argument

 

That's it - it's No More Complicated than that...........

 

I've provided several examples of Government Intervention in the Economy from Artificial Juicing of the Value of the US Dollar to Giving Free Money from American Tax Payers to Corporations who cannot compete in the Free Market they themsleves Chose to be in

 

Spare me the Lecture about Whataboutism

 

What other Countries are doing is not pertinent to a discussion about the virtues of Capitalism vs anything else

 

The Minute the US Government spends one $ of Tax Payers Money on bailing out a US business unable to compete - you've lost the Capitalism Argument

 

The Minute the US Government intervenes in the Value of a $ - you've lost the Capitalism Argument

 

The US might be operating under some General Principles of Capitalism but so dont Drug Cartels & Organized Crime

 

 

What other System is irrelevant until we agree what we have now is not Capitalism

 

 

 


How would you prefer to see Capitalism work here? 

 

As to the government - if the national good dictates that an industry (food e.g.) is in need of help, there is nothing wrong with that - unless it interferes to assist one competitor over the other. It is also important for the government to interfere in the regulation sense to insure the freedom of the market - such as anti-trust.

 

The Minute the US Government spends one $ of Tax Payers Money on bailing out a US business unable to compete - you've lost the Capitalism Argument

 

That is true if it is taking sides in the competitive market place.

 

What other Countries are doing is not pertinent to a discussion about the virtues of Capitalism vs anything else

And yet some keep bringing up Australia, EU, Sweden, etc.

 

The only Measurable distinction between Capitalism and Socialism is the Scope of Government Intervention in the Economy

That is true - in real socialism like fascism, it is total. our goal has to be to minimize it to it's absolute necessities. Example - keep the IRS from competing with private tax preparers.

 

Report Inappropriate Content
0
Kudos
396
Views
Treasured Social Butterfly
0
Kudos
395
Views

Re: Capitalism Produced - Theranos - Enron - Trump U

395 Views
Message 34 of 41

@rk9152 wrote:

@mickstuder wrote:

@rk9152 wrote:

And it provided the breakfast you ate this morning. Is it perfect - certainly not. But it is better than any alternative out there.


No I paid for the breakfast I ate this AM & so didn't every other American Tax Payer - because the breakfast most of us ate this AM was paid for by subsidies from the Trump Federal Government to US Farmers

 

Some of the Electricity I used this AM was also paid for by US Tax Payers in the form of Federal Subsidies to the dwindling 24% of energy produced in the USA from subsidies to Coal Mine Corporations

 

Just a few examples of what you refer to as Capitalism - State Sponsored Corporations Corrupt Free Markets

 

BTW - I paid for it all with a phony State Valued US Dollar - so this worship of a Concept called Capitalism might fly with the Trump Zealots but for those willing to do the research & open their eyes - it's all a rigged system supported by monetary subsidies & political selection of winners & losers for any segment of the Economy unable to compete on it's own without failing

 

Theranos was protected by Politicians Republicans & Democrats for a decade until a whistleblower came forward

 

Competition defines Capitalism not Federal Government Subsidies

 

 

 

 


Yes, to a degree farmers are subsidized. It is an old tradition based on insuring that they are able to produce the food we need and to assure stability in cost as well as availability. The food you ate was produced by a very large network of people all of whom did what they did for only one reason - to make money to provide for themselves and their families.

 

To say "paid for by subsidies" is flat out false because it implies totality. And Including President Trump is also dishonest since in implies he started farm subsidies.

 

As to assisting industries so as to keep them viable and keep their employees employed and their customers supplied is not a detriment to capitalism - it is an assist. Just like regulations that assure the competitive nature of the market place - as opposed to having the IRS compete with Turbotax for example.

 

However, you seem quite mad about capitalism. Shall we discuss your alternative system?


No Lets First Discuss - Capitalism

 

Capitalism even allowing for the most generous definition is not what's going on the United States

 

The only Measurable distinction between Capitalism and Socialism is the Scope of Government Intervention in the Economy

 

That's it - it's No More Complicated than that...........

 

I've provided several examples of Government Intervention in the Economy from Artificial Juicing of the Value of the US Dollar to Giving Free Money from American Tax Payers to Corporations who cannot compete in the Free Market they themsleves Chose to be in

 

Spare me the Lecture about Whataboutism

 

What other Countries are doing is not pertinent to a discussion about the virtues of Capitalism vs anything else

 

The Minute the US Government spends one $ of Tax Payers Money on bailing out a US business unable to compete - you've lost the Capitalism Argument

 

The Minute the US Government intervenes in the Value of a $ - you've lost the Capitalism Argument

 

The US might be operating under some General Principles of Capitalism but so dont Drug Cartels & Organized Crime

 

 

What other System is irrelevant until we agree what we have now is not Capitalism

 

 

 

( " China if You're Listening - Get Trumps Tax Returns " )

" )
" - Anonymous

Report Inappropriate Content
0
Kudos
395
Views
Treasured Social Butterfly
0
Kudos
382
Views

Re: Capitalism Produced - Theranos - Enron - Trump U

382 Views
Message 35 of 41

@rk9152 wrote:

@mickstuder wrote:

@rk9152 wrote:

And it provided the breakfast you ate this morning. Is it perfect - certainly not. But it is better than any alternative out there.


No I paid for the breakfast I ate this AM & so didn't every other American Tax Payer - because the breakfast most of us ate this AM was paid for by subsidies from the Trump Federal Government to US Farmers

 

Some of the Electricity I used this AM was also paid for by US Tax Payers in the form of Federal Subsidies to the dwindling 24% of energy produced in the USA from subsidies to Coal Mine Corporations

 

Just a few examples of what you refer to as Capitalism - State Sponsored Corporations Corrupt Free Markets

 

BTW - I paid for it all with a phony State Valued US Dollar - so this worship of a Concept called Capitalism might fly with the Trump Zealots but for those willing to do the research & open their eyes - it's all a rigged system supported by monetary subsidies & political selection of winners & losers for any segment of the Economy unable to compete on it's own without failing

 

Theranos was protected by Politicians Republicans & Democrats for a decade until a whistleblower came forward

 

Competition defines Capitalism not Federal Government Subsidies

 

 

 

 


Yes, to a degree farmers are subsidized. It is an old tradition based on insuring that they are able to produce the food we need and to assure stability in cost as well as availability. The food you ate was produced by a very large network of people all of whom did what they did for only one reason - to make money to provide for themselves and their families.

 

To say "paid for by subsidies" is flat out false because it implies totality. And Including President Trump is also dishonest since in implies he started farm subsidies.

 

As to assisting industries so as to keep them viable and keep their employees employed and their customers supplied is not a detriment to capitalism - it is an assist. Just like regulations that assure the competitive nature of the market place - as opposed to having the IRS compete with Turbotax for example.

 

However, you seem quite mad about capitalism. Shall we discuss your alternative system?


Let's discuss something else - removing Putin's cowardly lying operative from office - something that the whole world would applaud...

 

44>dolt45
Report Inappropriate Content
0
Kudos
382
Views
Valued Social Butterfly
0
Kudos
378
Views

Re: Capitalism Produced - Theranos - Enron - Trump U

378 Views
Message 36 of 41

@mickstuder wrote:

@rk9152 wrote:

And it provided the breakfast you ate this morning. Is it perfect - certainly not. But it is better than any alternative out there.


No I paid for the breakfast I ate this AM & so didn't every other American Tax Payer - because the breakfast most of us ate this AM was paid for by subsidies from the Trump Federal Government to US Farmers

 

Some of the Electricity I used this AM was also paid for by US Tax Payers in the form of Federal Subsidies to the dwindling 24% of energy produced in the USA from subsidies to Coal Mine Corporations

 

Just a few examples of what you refer to as Capitalism - State Sponsored Corporations Corrupt Free Markets

 

BTW - I paid for it all with a phony State Valued US Dollar - so this worship of a Concept called Capitalism might fly with the Trump Zealots but for those willing to do the research & open their eyes - it's all a rigged system supported by monetary subsidies & political selection of winners & losers for any segment of the Economy unable to compete on it's own without failing

 

Theranos was protected by Politicians Republicans & Democrats for a decade until a whistleblower came forward

 

Competition defines Capitalism not Federal Government Subsidies

 

 

 

 


Yes, to a degree farmers are subsidized. It is an old tradition based on insuring that they are able to produce the food we need and to assure stability in cost as well as availability. The food you ate was produced by a very large network of people all of whom did what they did for only one reason - to make money to provide for themselves and their families.

 

To say "paid for by subsidies" is flat out false because it implies totality. And Including President Trump is also dishonest since in implies he started farm subsidies.

 

As to assisting industries so as to keep them viable and keep their employees employed and their customers supplied is not a detriment to capitalism - it is an assist. Just like regulations that assure the competitive nature of the market place - as opposed to having the IRS compete with Turbotax for example.

 

However, you seem quite mad about capitalism. Shall we discuss your alternative system?

Report Inappropriate Content
0
Kudos
378
Views
Valued Social Butterfly
0
Kudos
399
Views

Re: Capitalism Produced - Theranos - Enron - Trump U

399 Views
Message 37 of 41

@Olderscout66 wrote:

The Republican fantasy Capitalism exists only on the pages of Ayn Rand novels.

 

In the real World, Capitalism MUST be tightly controlled or it will be used by psychopathic personalities like donny tRump to rob honest people of everything they've got.

 

Perhaps the best description of Republican misapprehension about Capitalists was voiced by Fed Chairman Alan Greenspan after the jrbush crash  in 2008 when he admitted that he had made a “mistake” in believing that banks, operating in their own self-interest, would do what was necessary to protect their shareholders and institutions. Greenspan called that “a flaw in the model ... that defines how the world works.”

 

The bigger flaw is that Greenspan and Republicans still ignore is their confusion about "Corporations being PEOPLE."

 

The reality is PEOPLE become corporations when they rise to positions of power within the Corporation. They begin to act as if they were immortal beings with virtually unlimited resources that they can use however they desire and will never be held accountable for the results of THEIR actions.

 

Did those running the Airlines KNOW a couple hundred bucks for secure cockpit doors would prevent terrorists taking over the controls? Of course they did, BUT that was very unlikely and the cost of the doors would come out of the executive bonuses and other compensation of the ones making the decisions, so they decided to let 9/11 happen. NOTE: they also know their liability is limited by the Montreal Convention that sets compensation for victims of plane crashes to $174,000 each.(actually the damage limit is in Special Drawing Rights or SDR set by the International Monetary Fund to keep payments "equal" regardless of the value of the victims national currency.)

 

Do the Railroads KNOW installing Positive Train Control (PTC) would virtually end deaths and derailments? Of course they do, but again the PEOPLE making the decisions do not want the cost to come out of the profits THEY intend to keep for THEMSELVES, so the PTCs only get installed AFTER a major disaster.

 

Do Companies mining, distributing and burning coal KNOW their product kills at least 14,300 Americans every year? OF COURSE, but eliminating the pollution that kills would cost MONEY the deciders want to keep for themselves.

 

Do food processors KNOW running their product lines at speeds which prevent workers from doing a thorough job of cleaning the product will kill 9,000 Americans, mostly the very young and very old,  each year from food poisoning? Bet your sweet bippy they know, but again slowing things down so we could be like the European Union and suffer ZERO food poisoning deaths from commercial sources would cut their pay, so they keep on killing for profit, just like all the other good Capitalists in America.

 

So the Capitalist System works like a charm in Europe, Japan, Australia, but in America, it leads to unnecessary death and financial ruin.

 

What dod they do in Australia that prevents 

 

The difference is WE have REPUBLICANS who put money before people and the rest of the World have Governments that will not tolerate such behavior by THEIR Capitalists.


Let's start with proof that there are ZERO food poisoning deaths in Europe from commercial products -- and then we can move on to the other "facts".

Report Inappropriate Content
0
Kudos
399
Views
Treasured Social Butterfly
0
Kudos
405
Views

Re: Capitalism Produced - Theranos - Enron - Trump U

405 Views
Message 38 of 41

@rk9152 wrote:

And it provided the breakfast you ate this morning. Is it perfect - certainly not. But it is better than any alternative out there.


No I paid for the breakfast I ate this AM & so didn't every other American Tax Payer - because the breakfast most of us ate this AM was paid for by subsidies from the Trump Federal Government to US Farmers

 

Some of the Electricity I used this AM was also paid for by US Tax Payers in the form of Federal Subsidies to the dwindling 24% of energy produced in the USA from subsidies to Coal Mine Corporations

 

Just a few examples of what you refer to as Capitalism - State Sponsored Corporations Corrupt Free Markets

 

BTW - I paid for it all with a phony State Valued US Dollar - so this worship of a Concept called Capitalism might fly with the Trump Zealots but for those willing to do the research & open their eyes - it's all a rigged system supported by monetary subsidies & political selection of winners & losers for any segment of the Economy unable to compete on it's own without failing

 

Theranos was protected by Politicians Republicans & Democrats for a decade until a whistleblower came forward

 

Competition defines Capitalism not Federal Government Subsidies

 

 

 

 

( " China if You're Listening - Get Trumps Tax Returns " )

" )
" - Anonymous

Report Inappropriate Content
0
Kudos
405
Views
Valued Social Butterfly
0
Kudos
408
Views

Re: Capitalism Produced - Theranos - Enron - Trump U

408 Views
Message 39 of 41

The Republican fantasy Capitalism exists only on the pages of Ayn Rand novels.

 

In the real World, Capitalism MUST be tightly controlled or it will be used by psychopathic personalities like donny tRump to rob honest people of everything they've got.

 

Perhaps the best description of Republican misapprehension about Capitalists was voiced by Fed Chairman Alan Greenspan after the jrbush crash  in 2008 when he admitted that he had made a “mistake” in believing that banks, operating in their own self-interest, would do what was necessary to protect their shareholders and institutions. Greenspan called that “a flaw in the model ... that defines how the world works.”

 

The bigger flaw is that Greenspan and Republicans still ignore is their confusion about "Corporations being PEOPLE."

 

The reality is PEOPLE become corporations when they rise to positions of power within the Corporation. They begin to act as if they were immortal beings with virtually unlimited resources that they can use however they desire and will never be held accountable for the results of THEIR actions.

 

Did those running the Airlines KNOW a couple hundred bucks for secure cockpit doors would prevent terrorists taking over the controls? Of course they did, BUT that was very unlikely and the cost of the doors would come out of the executive bonuses and other compensation of the ones making the decisions, so they decided to let 9/11 happen. NOTE: they also know their liability is limited by the Montreal Convention that sets compensation for victims of plane crashes to $174,000 each.(actually the damage limit is in Special Drawing Rights or SDR set by the International Monetary Fund to keep payments "equal" regardless of the value of the victims national currency.)

 

Do the Railroads KNOW installing Positive Train Control (PTC) would virtually end deaths and derailments? Of course they do, but again the PEOPLE making the decisions do not want the cost to come out of the profits THEY intend to keep for THEMSELVES, so the PTCs only get installed AFTER a major disaster.

 

Do Companies mining, distributing and burning coal KNOW their product kills at least 14,300 Americans every year? OF COURSE, but eliminating the pollution that kills would cost MONEY the deciders want to keep for themselves.

 

Do food processors KNOW running their product lines at speeds which prevent workers from doing a thorough job of cleaning the product will kill 9,000 Americans, mostly the very young and very old,  each year from food poisoning? Bet your sweet bippy they know, but again slowing things down so we could be like the European Union and suffer ZERO food poisoning deaths from commercial sources would cut their pay, so they keep on killing for profit, just like all the other good Capitalists in America.

 

So the Capitalist System works like a charm in Europe, Japan, Australia, but in America, it leads to unnecessary death and financial ruin.

 

The difference is WE have REPUBLICANS who put money before people and the rest of the World have Governments that will not tolerate such behavior by THEIR Capitalists.

Report Inappropriate Content
0
Kudos
408
Views
Valued Social Butterfly
1
Kudos
417
Views

Re: Capitalism Produced - Theranos - Enron - Trump U

417 Views
Message 40 of 41

And it provided the breakfast you ate this morning. Is it perfect - certainly not. But it is better than any alternative out there.

Report Inappropriate Content
1
Kudos
417
Views
cancel
Showing results for 
Search instead for 
Did you mean: 
Users
Announcements

Are you new to the online community? Say Hi and tell us a bit about yourself, your interests, and how we can help make this community a great experience for you!


close-up group of seniors smiling at camera

Top Authors