For example, though @Longshot may not like this, a big part of the economic troubles was the housing crash in which inadequately regulated finance companies issued sub-prime mortgages and actually concealed the fine print from as many borrowers as they could, and then hedged against the loans failing with derivatives. Millions of foreclosures stole borrowers' money. https://theamericangenius.com/housi...closures-completed-since-housing-crash-began/ Lack of needed regulation was the problem.
wrong of course, it was most heavily regulated industry in America with for example 132 programs to get people in homes the unregulated Republican free market said they could not afford
I didn't forget. I pointed it out. It's amusing you think this kind of chest thumping makes you look intelligent, lol. NOBODY is afraid of ignorant conservatives.
wrong of course, it was most heavily regulated industry in America with for example 132 programs to get people in homes the unregulated Republican free market said they could not afford
It would have been better had there been no regulations, since a regulated financial industry has caused recession after recession.
a lib or commie will assume all regulation is good because it is well intended and that the overall correct amount of regulation is well known to a well intended lib or commie . Europe is the ideal but oddly European regulation didn't prevent their housing recession or grow their economies anywhere near as fast as ours. Regulation leads to what even Krugman calls Eurosclerous.
That's not true. Recessions have always been a feature of capitalism in every capitalist country. And capitalists use recessions to their advantage every time.
sure East /West Germany and 132 other examples. The less regulation the more prosperity. Do you know why this always happens?
If you could move anywhere to free yourself from “slavery” , where would that be? Also, let’s imagine that you lived in a foriegn nation that did not accept US dollars. But that you continued to receive income (like social security) in US dollars. Theoretically you could change all your existing assets into a preferred medium of exchange... and future income could likewise be immediately exchanged into this preferred monetary unit. Should you ever need to pay anything in dollars (like us taxes) you just change back to the required amount of dollars. The above is all easy to do. Does that free you from slavery? If so, you have an easy path to freedom, right? So presumably you either have done this already, or will soon do so.... so you will no longer be a slave, It seems the way out is through the door
you mean a feature of capitalist economies with too much regulation. Capitalism itself is self-regulating. A feature of socialist economies has always been 10's of millions slowly starving to death. Is this what attracts you to a death cult?
You mean the exorbitant welfare subsidy giveaway to landowners, which is capitalized into land prices.
No, I define "enslave" as "to possess others' rights to liberty as your property." When you claim land as your property, you are claiming ownership of everyone else's liberty right to use that land.
True: government interference that privileges private banks to create money. Capitalism inherently fetters all but the privileged.
I have demonstrated that claiming to own what others would otherwise be at liberty to use -- the earth's atmosphere, the alphabet, land, etc. -- is stealing. No, I have correctly identified you as someone who thinks they can own others' liberty to use the earth. Oh, it's you all right.
Owning a plot of land isn't stealing. Sorry. I have no idea what you're talking about regarding the earth's atmosphere or the alphabet. But if you really want some land, you can certainly buy some. Just contact your local realtor.
Ah, yeah. The state. When the mob is in town, nobody really owns anything. It can come and steal anything it wants.
That's interesting. I know exactly what he's talking about. To me, it's obvious. You really don't see it? And as to stealing, "bringiton" is talking logic. You're talking law.... -again.
