1. #30- bobbo, the pragmatic existential evangelical anti-theist CANNOT FIX this blog all by hisself says:

    DVORAK = PLEASE FIX THIS BLOG:

    I’m trying to follow this issue and the count went from 28 to 29 and I cannot find the latest post. Where is it? Why make it so hard?

    WHY NOT FIX THIS BLOG?

  2. LibertyLover says:

    I am curious as to what these protestors want.

    Do they want to these companies they are protesting against to take their profits and pay an equal share to every person in America?

    They should all be in Washington agitating the senators and representatives. They are the ones who ultimately caused this fiasco.

    And if they don’t hurry up, Winter will end this demonstration for them.

    • msbpodcast says:

      Akio Morita, founder and head of Sony said it best:”Nobody needs more than one million dollars a year.”

      Companies pay all these multi-million dollar salaries because the guys at the top don’t understand what they’re doing anymore and use a meaningless number to keep score.

      Unfortunately it happens to be the number of dollars they can rip off of their customers, their employees, their investors, the tax man, the government…

      Because its just a meaningless number, and its treated as such, it grows quasi-infinitely until it busts the bank, then everybody gets hurt except the very poor…

      • LibertyLover says:

        Akio Morita, founder and head of Sony said it best:”Nobody needs more than one million dollars a year.”

        Reminds me of Bill Gates, “640K should be enough for anybody.”

        If you force a company to reduce the salaries of it’s top management, profits will go down. History has shown this time and again.

        And if profits go down, my, your, everybody’s 401K will take another major hit.

        Hyph3n said it best — put the guys in jail who violated the law. Vote out the guys who made the laws easy to break and who paved the way to bad loan guarantees.

    • msbpodcast says:

      Oh, to answer you question of “What do these protesters want?

      What they really want is for people to not be such dicks.

      A little application of the Golden Rule: “Do unto others as thee would have them do unto thee.” would go a long way to prevent revolution, but of course its not applied until after a Louis XVI or a Lenin or a Stalin or a Mao or a Pol Pot or a Kim Il Sung or …

      Go read a history book. Its filled with people who said: “You will do this!” and people who said “That’s nuts, and nuts to you too!.”

      We live in interesting times.

      Any day now I keep expecting to read about another Tony Balony type cop who gets a little too carried away and somebody gets killed or, worse for the public purse, gets paralyzed for life.

      • LibertyLover says:

        I don’t think we’re going to see a bloody revolution like we’ve seen in the past. Where is all the wealth tied up at? — in a computer bank. You can’t storm a computer bank and throw the electrons in the street for the people to take and buy food with.

        They are going to have to force our legislators to make the change.

    • Hyph3n says:

      How about starting with some arrest and a few CEO’s losing their jobs? If we want capitalism to work, then there needs to be some moral hazards or it just a different sort of socialism.

      • LibertyLover says:

        I agree. And griping at the companies isn’t going to make that happen. They need to carry their asses down to DC and shutdown the Beltway.

    • Mr Ed - the Imitation (accept no original) says:

      Suuuure, you want to know. If you’ve been in a comma or doing an isolation experiment for the past month you have an excuse. Otherwise, you’re just playing ignorant.

      The “let them eat cake” attitude of those who disagree with the OWS protests boggles the mind. That very hubris is the main focus of their discontent and of the majority of Americans.

      • LibertyLover says:

        Seriously, I am curious what they expect to accomplish by yelling at someone with all the money. Do they really expect these companies to change the way they do business on their own?

        If you agree that is what is going to happen, you are in for a rude awakening.

        It’s going to take the government to make the changes. They aren’t going to do it because a bunch of people are sitting out in the cold yelling at them.

  3. Drake says:

    These folks are right about the criminal band of Wall Street bankers, and the criminal band of politicians they own, but the solution of handing more power to the politicians is, well, laughable.

  4. smartalix says:

    One thing would change everything – remove humanity from corporations. Corporations were created to be limited-liability legal entities to allow groups to invest and develop a company. It should stop there. Corporations are not people, and should never have been treated as such.

    • LibertyLover says:

      All corporations or just “for-profit” corporations?

      • Mr Ed - the Imitation (accept no original) says:

        If brains were made of dynamite you still couldn’t blow your own nose. Try reading smartalix’s comment again.

        ANY corporation is designed to remove liability from shareholders and employees and place it solely on the corporation.

        The Liebertarians never seem to quit with the garbage.

        • LibertyLover says:

          If brains were free, you would still offer to pay for them.

          Charities are also designated as corporations, to remove the liability from the volunteers. They are incorporated just like any other corporation with officers and directors and a business plan.

          The only difference is shareholders are not required — but a non-profit can sell shares of the corporation to raise money.

          Are you willing to remove the personhood status from charities?

          • spsffan says:

            Yes! Remove the personhood from ALL corporations. Any real libertarian understands that corporations are creations and protectorates of the state. As such, they are subject to the whims of the state. They do not have rights like people do!

            Shesh! Why is this so hard to understand?

          • LibertyLover says:

            spsffan — Freedom of Association is one of the tenets of a free society.

            If 1,000,000 people decide to have someone else speak for them, what is illegal about that? Just because they are registered with a state as a corporation, does that make them any different?

            All of the following are corporations. If we remove the ability for these corporations to speak on behalf of their members, are we doing the country a service or disservice?

            http://charity.lovetoknow.com/List_of_Nonprofit_Organizations

            This list is by no means complete, but it does give an idea.

            FYI — I’m leaning in your direction but haven’t quite fallen that way yet.

      • smartalix says:

        All corporations.

        If ANY corporation wants to participate in a political issue, they would need to have a majority of the corporate ownership (stockholders) vote to do such, whether they are charities or not. No group should have more rights than any one individual, and any group must have conscensus to act.

        • LibertyLover says:

          Not all corporations have shareholders — non-profits don’t.

          How do you propose handling those?

          And for those with shareholders, the stockholders do vote on the board members to speak on their behalf (mainly, it’s MAKE ME MONEY). Or are you suggesting they should have a separate vote anytime the actions of the corporation would be considered political (let’s assume for brevity that the definition of political is pre-defined).

  5. Someone who's above it all says:

    More garbage from the regulars who post here. The video was enlightening, the comments anything but…

  6. NewFormatSux says:

    Karl Marx was very much interested in the violence part of Communism. Anyone who says that that is an excess that went beyond Marx’s vision hasn’t read his history thoroughly.

    That said, his economics was quite good, and if he were alive through the 70s, the Soviets might have won the Cold War. Nixon’s leaving the gold standard wrecked the Soviets, as the changes in prices messed up their central planning. Most of these Communist/socialist schemes are built off of the private capitalist system to work, for example socialized medicine and the public option. They get the prices to pay out from the private sector.

    • Mr Ed - the Imitation (accept no original) says:

      Anyone claiming Marx advocated violence as a means didn’t read Marx.

      Many of Marx’s thoughts have been integrated in societies throughout the world, including America. No communist society truly followed Marx’s writings any more than capitalists followed Adam Smith or even Maynard Keynes philosophies. Blaming any of these dead economists for the failures of modern nations or political systems is extremely stupid.

  7. chris says:

    Hedges is great. A proper crank.

    Proper diagnosis of the problems too. The separation of investment and deposit banks is the main problem. I don’t have any problem with the myriad any exotic financial stuff, but that risk shouldn’t be on the public’s dollar.

    Privatization of profits and socialization of risks. This doesn’t have anything to do with Marx or anybody wanting to become communists. Please.

  8. ± says:

    The dude had an awesome point about packaging ‘assets’ that you know would fail into funds and then the packagers betting against those funds.

    The penalty for this type of behavior should be instant 10 years in a real jail with no parole, for every executive at the top of those companies.

    Hedge funds and short selling should be illegal. Period.

  9. Uncle Patso says:

    LibertyLover says:

    “If you force a company to reduce the salaries of it’s [sic] top management, profits will go down. History has shown this time and again.”

    Name six, please.

    Deowll says liberals want to bring Maoism to the US, but he is exaggerating. Personally, I wouldn’t mind a return to Eisenhower Republicanism, but even that’s way too left-wing for today’s conservatives.

    • LibertyLover says:

      Every company in every country in the USSR.

      • Mr Ed - the Imitation (accept no original) says:

        In the USSR there was only one company, the nation. OK, name your next five examples.

        • LibertyLover says:

          There were many MORE companies before the USSR took over. Notice how their profits dropped after being taken over by the government.

  10. Glenn E. says:

    While I’m not an advocate of Marxism. I do wonder if there shouldn’t be limits on just how rich any one person can be. I mean, having tons of anything else, piled up in one’s backyard, would rightly label one a “hoarder”. But being paid billions of dollars, for doing squat, except signing one’s name to it. And squirreling it all away in tax exempt bank accounts, and holding corps, all over the world. Until one gets around to thinking it might be a generous act to let some less fortunate people have a tiny bit of it, back! Such greedy addition to amassing wealth, for no useful purpose, ISN’T also considered hoarding too? I think the CEOs and board members of too many US corporations are allowed to pay themselves far too obscenely high an amount in salaries, bonuses, and/or stock options. And while they’re busy looting and pillaging American enterprises into bankruptcy (that the taxpayers will bail out of). The workers all have to take pay cuts, and loss of medical and retirement benefits. If they get to keep their jobs at all! How is this concerned a sound and healthy economic system? When it only benefits the top 1% of the population?

    • LibertyLover says:

      The salaries and benefits of these high rollers wouldn’t be a problem if there was risk involved.

      You hit it — bailouts. Why be careful if the government is going to save your ass?

  11. #52- bobbo, the pragmatic existential evangelical anti-theist CANNOT FIX this blog all by hisself, but tries nontheless says:

    This talk of taxing the rich and class warfare is all so myopic. THE POINT IS: the system is shifting money from the poor to the rich in a whole series of REGRESSIVE tax ploys fraudulently presented by the Pukes as the only way to create an environment for Jobs. ITS ALL A LIE!!!

    On top of that, I don’t think anyone begrudges the CEO’s of manufacturing entities from making lots of bucks===they actually MAKE SOMETHING. They are productive. The salt in the wound these days is that the really Super Rich are all in finance: aka making money by moving money around, NOT producing anything on the LIE that they make the market efficient or liquid or whatever. Truth is, in the main, its all a skimming operation.

    Skimming = taking money from the poor and shoveling it to the rich. AND THEN when this activity that had been illegal for 60 years is legalized under the LIE it was needed for business the whole system goes bankrupt after the corrupt fraudulent schemes played out their ponzi schemes.

    And no one has gone to jail. Still no reform. Criminals back stealing more than they were before.

    People really should at a MINIMUM read Marx. If you ever would, any claim of someone starting CLASS WARFARE would then be laughed out of town for being an uneducated clown.

    Business and Labor/Capital and Labor are locked in class warfare by their very antagonistic zero sum game: its called the material dialectic. Marx in essence identified the crucial forces at work in our society and its prosperity. Figures everyone thinks he is a communist.

    Nascar Race Car Drivers all.

    Silly Hoomans.

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  13. I have not checked in here for a while since I thought it was getting boring, but the last few posts are great quality so I guess I’ll add you back to my everyday bloglist. You deserve it my friend :)



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