Why doesn't socialism work?

Discussion in 'Political Opinions & Beliefs' started by Le Chef, Feb 25, 2020.

  1. LangleyMan

    LangleyMan Well-Known Member

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    The Federal Reserve board? Who exactly are you talking about?

    https://www.federalreserve.gov/aboutthefed/bios/board/default.htm[/QUOTE]
    Why would the Fed want to cause a stock market crash?
     
  2. wist43

    wist43 Banned

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    Why would the Fed want to cause a stock market crash?[/QUOTE]

    I'm asking you for the same reason I'm asking you why the United States and UK would commit terrorist acts against Europeans??

    You can't think of any logical reasons for either??
     
  3. LangleyMan

    LangleyMan Well-Known Member

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    I don't think they would deliberately cause a market crash unless it was a product of trying to wring out inflation as when Carter appointed Volcker as Fed Chair and he ran up interest rates.
     
  4. hellofromwarsaw

    hellofromwarsaw Well-Known Member

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    Nobody who calls themselves socialists call themselves communist unless they have a gun to their head in a communist country. Go ahead continue conflating the two terms and being a conservative propagandist.
     
  5. hellofromwarsaw

    hellofromwarsaw Well-Known Member

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    Canada has not had a socialist party since 1925 when the brainwash began in English speaking countries. Non English-speaking countries like France Italy Germany Scandinavia Spain etc etc always have. That is why socialism doesn't work, because English-speaking conservatives continue to misdefine the terms. You are a beautiful example- you just can't get past the misinformation.
     
    Last edited: Mar 27, 2020
  6. hellofromwarsaw

    hellofromwarsaw Well-Known Member

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    I'm asking you for the same reason I'm asking you why the United States and UK would commit terrorist acts against Europeans??

    You can't think of any logical reasons for either??[/QUOTE]
    So what ridiculous GOP driven conspiracy theory are you referring to this time lol? Absolute idiocy....
     
  7. wist43

    wist43 Banned

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    James Perloff wrote in his book Shadows of Power,

    "The Federal Reserve prompted the speculation by expanding the money supply a whopping sixty-two percent between 1923 and 1929. When the central bank became law in 1913, Congressman Charles Lindbergh had warned: ‘From now on, depressions will be scientifically created.’ Like two con men working a mark, the Fed made credit easy while Establishment newspapers hyped what riches could be made in the stock market.

    Curtis Dall, himself a syndicate manager for Lehman Brothers, was on the floor of the New York Stock Exchange on the day of the Crash.” Perloff quotes Dall as declaring, “Actually, it was the calculated ‘shearing’ of the public by the World-Money powers triggered by the planned sudden shortage of call money in the New York money market.”

    "Plummeting stock prices ruined small investors, but not the top “insiders” on Wall Street,” wrote Perloff. “Paul Warburg had issued a tip in March of 1929 that the crash was coming. Before it did, John D. Rockefeller, Bernard Baruch, Joseph P. Kennedy, and other money barons got out of the market. … Early withdrawal from the market not only preserved the fortunes of these men,” said Perloff, “it also enabled them to return later and buy up whole companies for a song.”

    --------------------------------------------------

    Congressman Louis McFadden, Chairman of the House Banking Committee, declared of the Depression, “It was not accidental. It was a carefully contrived occurrence.” He warned, “The international bankers sought to bring about a condition of despair here so that they might emerge as rulers of us all.” The Great Depression is another example of the Problem-Reaction-Solution formula.

    ---------------------------------------------------

    In his book How The World Really Works, Alan B. Jones wrote, "History shows that the Wall Street biggies came through very well indeed.” Quoting from G. Edward Griffin’s book, The Creature from Jekyll Island, he added, “Virtually all of the inner club was rescued. There is no record of any member of the interlocking directorate between the Federal Reserve, the major New York banks, and their prime customers having been caught by surprise.”

    "To think that the scientifically engineered Crash of ’29 was an accident or the result of stupidity defies all logic,”


    ------------------------------------------------------

    All competition to the Money Trust Elite was wiped out. They were able buy up controlling interest in companies that had once been their competitors for pennies on the dollar, or destroy the competing company altogether.

    "Competition is a sin"
    - John D. Rockefeller
     
  8. wist43

    wist43 Banned

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    So what ridiculous GOP driven conspiracy theory are you referring to this time lol? Absolute idiocy....[/QUOTE]

    Try cracking a book once, huh??

    P.S. I'm not a Republican.
     
  9. wist43

    wist43 Banned

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    As for the stock market crash and depression, you gave the answer yourself - profit, money.

    That is but the tip of a very large iceberg, but if you can wrap your mind around the fact that a crash can be very profitable for those in the know, you'd be on your way to understanding why booms and busts are caused deliberately.

    -----------------------------------------------

    So, to my other question... why would the US and UK commit terrorist acts against innocent civilians in Europe??

    Killing women and children??

    Why would the US do that?? Don't you think that is despicable??
     
  10. LangleyMan

    LangleyMan Well-Known Member

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    Round and round you go. I pointed out Canada has non-Marxist socialist parties and you made the screwy statement highlighted in blue above. The New Democratic Party has formed government in three of the four largest Canadian provinces.

    Marxist-Leninists gave socialism a bad name in some countries. Why can't you accept reality?
     
  11. LangleyMan

    LangleyMan Well-Known Member

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    Who cares what Lindbergh had to say? Read Bernanke's speech:

    https://www.federalreserve.gov/boarddocs/speeches/2004/200403022/default.htm
    That's not what caused the Depression.
    There's no evidence for this.
    Read Bernanke.
     
  12. LangleyMan

    LangleyMan Well-Known Member

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    Rich guys make money when the market is going up and going down.
    The US and UK did this where?
     
  13. wist43

    wist43 Banned

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    So are we at the point of invoking "Sgt. Schultz"?? You know nothing, and that's the way it is?? Lol...

    You say there's no evidence - yet you haven't read the first sentence on the subject...

    I couldn't imagine going thru life that contemptuous of things I'm ignorant of. If I don't know something about a subject, I have no problem admitting it.

    Nothing wrong with not understanding a subject - what is wrong is arrogantly proclaiming that you do understand, and then dismissing any information that conflicts with your very limited understanding.

    That is the height of intellectual dishonesty.
     
  14. wist43

    wist43 Banned

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    Operation Gladio...

    Now go to wikipedia to find out what it is, and read the lame nonsense they tell you to believe ;)

    P.S.Here's a bonus question for you...

    Why did the CIA/MI6 assassinate investigative reporter Daphne Caruana Galizia with a car bomb in Malta, in October 2017??

    P.S.S.There's an entire world that operates beneath the surface of what the MSM tells you.

    Just takes is a little initiative and internet investigating to figure out what's really going on.
     
  15. crank

    crank Well-Known Member

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    Oh right .. so the cities with sidewalk poop are the sophisticated cities. Gotcha.
     
    Last edited: Mar 27, 2020
  16. crank

    crank Well-Known Member

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    They're the same thing. Calling it 'socialism' is just soft selling. Pandering to the poseurs.
     
  17. hellofromwarsaw

    hellofromwarsaw Well-Known Member

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    You are totally misinformed. Only English speakers have your confusion. French Italian Spanish German Scandinavian countries have all had socialist parties running things- that's why they have all the benefits that we don't thanks to the GOP and misinformation. We have been a giveaway to the rich GOP disgrace for 30 years. Only propaganda that makes it possible.
     
  18. crank

    crank Well-Known Member

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    I'm not an English speaker (strictly), have no interest in the disastrous European experiment in globalism, and have been both a paid up member of the commies and a practising collectivist for 40 years. When I tell you that socialism is communism, you should know it comes from 'inside knowledge'. If your brand of socialism doesn't look anything like communism, it's not socialism - it's merely posturing and vanity.
     
  19. hellofromwarsaw

    hellofromwarsaw Well-Known Member

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    that will come as a huge surprise to French German Scandinavian Italian at Spanish etcetera etcetera socialists. Communists lie when they say they are. There is no democracy in communism. it looks like communism in that the workers get the benefits they deserve but without the dictatorship that owns everything.
     
  20. hellofromwarsaw

    hellofromwarsaw Well-Known Member

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    Instead of making the homeless hide and suffer yes
     
  21. hellofromwarsaw

    hellofromwarsaw Well-Known Member

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    The point is it English speaking countries Miss understand socialism and conflate it like no one else. Okay English speaking countries are where marxist-leninist gave socialism a bad name because there was so much garbage propaganda. Including you. I'm going with the French Spanish Scandinavians etc etc.
     
  22. wist43

    wist43 Banned

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    America became the greatest country in the history of the world because we are, or at least were, a republic.

    Democracy and socialism are fools gold.
     
  23. LangleyMan

    LangleyMan Well-Known Member

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    Same six letter word: Canada.
    It wasn't only English-speaking countries.

    https://en.wikipedia.org/wiki/List_of_socialist_states

    People in a lot of these countries don't much care for socialists after their bush with Arxism-Leninism.
     
  24. LangleyMan

    LangleyMan Well-Known Member

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    What's wrong with representative democracy? We're a democratic republic.
     
  25. wist43

    wist43 Banned

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    Nonsense...

    "... and to the democratic-republic for which it stands"??

    I don't think so.

    ----------------------------------------------

    Since you taught history, I'm sure you never taught this...

    "Democracies have ever been spectacles of turbulence and contention; have ever been found incompatible with personal security or the rights of property; and have in general been as short in their lives as they have been violent in their deaths.”

    - James Madison

    Radical right-wing extremist that Madison was.

    Certainly wouldn't want American kids running around understanding the truth about democracy ;)
     
    SkullKrusher likes this.

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