The debt is proof of our wealth

Discussion in 'Economics & Trade' started by GodTom, Dec 8, 2017.

  1. Longshot

    Longshot Well-Known Member

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    You are confused about the verb "enslave". Maybe you can explain what your confused mind considers enslaving?
     
  2. bringiton

    bringiton Well-Known Member

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    <sigh> I just proved it does. If someone steals your passport, they have stolen it from you, even though it is not your property but the property of the issuing government. So I just proved you objectively wrong again.

    DO YOU UNDERSTAND?
    Your problem is that I am not confused, no matter how you twist and evade and equivocate to try to confuse me.
    It steals their right to liberty, just as owning the earth's atmosphere would steal their right to breathe.
     
  3. bringiton

    bringiton Well-Known Member

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    No confusion. To enslave someone is to forcibly deprive them of their liberty rights on a long-term basis to benefit from their labor.
     
  4. Longshot

    Longshot Well-Known Member

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    Not really. You haven't demonstrated how owning something is tantamount to stealing that thing from others.
    You seem to be confusing me with someone who thinks he can own the earth's atmosphere. That's not me. It must be someone else.
     
  5. Longshot

    Longshot Well-Known Member

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    Yeah, I can see that if you define "enslave" to mean "not let them onto your property", then, um, okay yeah.
     
  6. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

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    Yeah, try looking for some in NYC. Which is simply the worst-case that is indicating the long-term future.

    You are blind to the fact that the cost of land is centrally relevant to our existence (except to farmers, and even then it must be arable).

    Already Americans are very tired of getting shafted over housing-costs. But people like you think that is "normal".

    After all, if one can make a megabuck selling expensive housing, "then go for it!"

    The blind rush to riches that ends nowhere except ultimately in conflict. Worse yet, in a country that has no concept of gun-control.

    All the ingredients for class-warfare. Go for it! Enjoy ... !
     
  7. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

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    BLIND AS BATS

    Long term housing prices in America (inflation adjusted):
    [​IMG]

    Something happened in the late 1990s that cause the above pricing spike, which resulted in the massive run-up in prices breaking in - lo and behold - 2008!

    What happened in 2008?

    This happened in 2008 (from WikiPedia here):
    And now there is talking in LaLaLand on the Potomac of rescinding Dodd-Frank. So, we can have another rush-up in housing prices (and make megabucks for Replicant realtors), whilst the economy goes to hell in a handbasket. Like it did in 2008/10.

    That's just a repeat of Replicant History under their governance. It seems forgetful shortsightedness afflicts that party with a passion.

    Do we really want another Great Recession? Can't happen? Oh, with the Replicant Donald Dork in control, yes it can!

    Afterall, who started the 2008 spike if not the Replicant Bush2-the-Nerd - they are both from the same mold! The Replicants think history repeating just anecdotal and not reality.

    Nobody in the Bush2 Administration saw the Great Recession happening. Nobody in this one will see the next one coming. They are all money-sucking blind-as-bats ...

    PS: The article from which the above graphic was taken is well worth a read to any economist. The last 100 years is an interesting lesson in American price-history. You will find it here.
     
    Last edited: May 6, 2018
  8. Longshot

    Longshot Well-Known Member

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    I agree that the government has made housing costs too high with their unnecessary regulations.
     
  9. Longshot

    Longshot Well-Known Member

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    Another recession WILL happen because regulations are in place, just as they were when they caused the 2008 recession.
     
  10. rahl

    rahl Banned

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    Uh, deregulstion is what contributed to the 2008 recession.
     
  11. Longshot

    Longshot Well-Known Member

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    There was no deregulation. The financial industry was highly regulated before and after 2008. Probably the most regulated industry there is, except maybe the medical industry.
     
  12. rahl

    rahl Banned

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    Lol of course there was. Repeal of glass Steagall Act just being one.

    And when republicans deregulated it, we got the worst recession in 80 years.
     
  13. Longshot

    Longshot Well-Known Member

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    So you're really saying that there were no regulations on the financial industry in the run-up to 2008. That's really your position? That position will be super-easy to falsify.
     
    Last edited: May 6, 2018
  14. rahl

    rahl Banned

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    This is what is called a strawman.
     
  15. Longshot

    Longshot Well-Known Member

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    Okay, so as I said, it was government interference in the financial industry that led to the crash of 2008. Not "unfettered capitalism".
     
    Last edited: May 6, 2018
  16. rahl

    rahl Banned

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    Yes, it was republican deregulation.
     
  17. Longshot

    Longshot Well-Known Member

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    There was no deregulation. The financial industry was highly regulated in the run-up to 2008. Regulation caused the meltdown, not "unfettered capitalism".
     
  18. rahl

    rahl Banned

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    Lol, I lieterally gave you a major deregulation. Repeal of glass Steagall.

    Why do you keep creating strawmen?

    What i correctly pointed out was that deregulation of the banking and financial industry is what caused the crash.
     
  19. Longshot

    Longshot Well-Known Member

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    Except that the banking and financial industry was never deregulated.
     
  20. rahl

    rahl Banned

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    Except that I showed you it was.

    You are pretending i said “removed ALL regulations”. You’ve been called on this twice now, so you have no excuse for your falsehoods.
     
    Last edited: May 6, 2018
  21. Longshot

    Longshot Well-Known Member

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    That’s what deregulated means. The removal of regulations
     
  22. rahl

    rahl Banned

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    And I showed you that regulations were removed. Nowhere did I say ALL regulations were removed.
     
  23. Longshot

    Longshot Well-Known Member

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    And the regulations were what caused the crash of 2008, not unfettered capitalism
     
  24. rahl

    rahl Banned

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    You’ve been corrected enough times on the strawmen. You really should know better by now.
     
  25. Longshot

    Longshot Well-Known Member

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    Do you not know what unfettered means?
     

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