Unfettered Capitalism Fails

[Windship]

...time and time again. It doesnt work.
Here are at least 18 of the failures.
1800, 1823, 1837, 1857,1880, 1896,1900, 1903, 1907, 1929, 1937, 1938,1946, 1963, 1969, 1987, 1989 and 2008.

 

[Windship]

and every time since 1913 the people you trash bail you out. Tell me...how do you bail out a 553 trillion usd derivatives bubble?

 

[jon_berzerk]

black friday matters

 

[Iceweasel]

...time and time again. It doesnt work.
Here are at least 18 of the failures.
1800, 1823, 1837, 1857,1880, 1896,1900, 1903, 1907, 1929, 1937, 1938,1946, 1963, 1969, 1987, 1989 and 2008.

There's no such thing as unfettered capitalism.

 

[Mac1958]

What would be a definition of the term "unfettered"?

 

[Windship]

Of course I know there is no unfettered yet. It is what is desired by globalists. Are you saying this is not the goal? And how does that effect our economy? I know it make the rich richer as we get cheap junk from 3rd world countries and jobs leave

...time and time again. It doesnt work.
Here are at least 18 of the failures.
1800, 1823, 1837, 1857,1880, 1896,1900, 1903, 1907, 1929, 1937, 1938,1946, 1963, 1969, 1987, 1989 and 2008.

There's no such thing as unfettered capitalism.

the US. You dont care about that though. What is YOUR definition of "unfettered"?

Wul, is there a such thing as a stock market crash?

 

[owebo]

...time and time again. It doesnt work.
Here are at least 18 of the failures.
1800, 1823, 1837, 1857,1880, 1896,1900, 1903, 1907, 1929, 1937, 1938,1946, 1963, 1969, 1987, 1989 and 2008.

What is this unfettered calitalism you LWNJs invented?

 

[Iceweasel]

Of course I know there is no unfettered yet. It is what is desired by globalists. Are you saying this is not the goal? And how does that effect our economy? I know it make the rich richer as we get cheap junk from 3rd world countries and jobs leave

...time and time again. It doesnt work.
Here are at least 18 of the failures.
1800, 1823, 1837, 1857,1880, 1896,1900, 1903, 1907, 1929, 1937, 1938,1946, 1963, 1969, 1987, 1989 and 2008.

There's no such thing as unfettered capitalism.

the US. You dont care about that though. What is YOUR definition of "unfettered"?

Wul, is there a such thing as a stock market crash?

I said there's no such thing as unfettered capitalism. How can I define what doesn't exist?

 

[EverCurious]

The concept of trade agreements (which is essentially the cause of cheap labor[in developing countries]/cheap goods [for developed nations]) is that the trade needs be a fair exchange. Thanks to the terrible trade agreements (and the WTO's bias against the US - re developed nations) we are eating trade deficits that we can no longer afford. By putting America first, so long as we make /fair/ deals we'll have our cake and eat it too. #1 priority is, imo, getting China to allow US goods into their country without the demand that US companies must manufacture in their country (Yes, that is their deal with us, we lifted almost all tariffs, they deny our companies from selling in theirs - rediculious.) Japan is slightly less off kilter but because of the Asian trade deals (similar to our NAFTA) we're getting hosed - they get zero tariff on many many goods and our businesses get shafted into having to produce in theirs. It needs to stop because we can't do it anymore - sorry Asia countries.

 

[Windship]

and I said it is a goal. I figured you have the smarts to understand. Dont get cagey...your desperation is showing and you becoming a little wreakless. As soon as all the tariffs, taxes, fines, regulation and consumer protections are gone, youll be happy.

 

[Windship]

Here is an example:
USDA Ends COOL Enforcement With President’s Signature on Omnibus Bill
BY NEWS DESK | DECEMBER 21, 2015

Effective immediately, Agriculture Secretary Tom Vilsack says, USDA will no longer enforce the Country of Origin Labeling (COOL) requirements for beef and pork products because COOL was repealed by Congress.

Vilsack said labeling regulations on the books will be amended “as expeditiously as possible” to bring the beef and pork provisions into line. It means an end to the January 2009 and May 2013 country of origin labeling requirements on muscle cuts of beef and pork, and on ground beef and pork.

USDA will continue to subject all imported and domestic met to rigorous food safety inspections, according to the Secretary.

Congress included COOL repeal in the $1.4 trillion omnibus spending bill after the World Trade Organization (WTO) ruled Canada and Mexico could begin imposing more than $1 billion in tariffs on U.S. products to punish it for the harm the labeling requirements were doing to them.

While many agricultural and consumer groups favored COOL, no organization fought longer and harder for it than the Billings, MT-based cattle trade association known as R-CALF USA.

“Section 179 of the spending bill strips U.S. citizens of their right to know the origins of the beef and pork and ground beef and ground pork that hundreds of millions of consumers purchase at retail grocery stores for themselves and their families,” R-CALF said in after the President signed the bill.

“Congress did this and the President concurred without any congressional debate, let alone public debate,” it continued. “Section 179 was cemented into the massive spending bill behind closed doors.”

 

[Windship]

We need to regulate the hell out of you people and watch you just like the delinquent little children you are.

 

[norwegen]

...time and time again. It doesnt work.
Here are at least 18 of the failures.
1800, 1823, 1837, 1857,1880, 1896,1900, 1903, 1907, 1929, 1937, 1938,1946, 1963, 1969, 1987, 1989 and 2008.

Hey, a business cycle. Cool.


But what's this failure you speak of?

 

[Windship]

What would be a definition of the term "unfettered"?

What is your definition of "free market"?

 

[GLASNOST]

What would be a definition of the term "unfettered"?

"American politics".

 

[Mac1958]

What would be a definition of the term "unfettered"?

What is your definition of "free market"?

I don't have one, I don't use the term. There's no such thing.

Now, would you answer my question?
.

 

[PurpleOwl]

Of course I know there is no unfettered yet. It is what is desired by globalists. Are you saying this is not the goal? And how does that effect our economy? I know it make the rich richer as we get cheap junk from 3rd world countries and jobs leave

...time and time again. It doesnt work.
Here are at least 18 of the failures.
1800, 1823, 1837, 1857,1880, 1896,1900, 1903, 1907, 1929, 1937, 1938,1946, 1963, 1969, 1987, 1989 and 2008.

There's no such thing as unfettered capitalism.

the US. You dont care about that though. What is YOUR definition of "unfettered"?

Wul, is there a such thing as a stock market crash?

whats a globalist?

 

[norwegen]

Leave it to a lefty to cite downturns in the business cycle as failures of capitalism.

'Cuz, you know, between 1800 and, say, 1907 (before the creation of the Fed), the capitalistic economy got steadily worse.

 

[there4eyeM]

The lessons learned from the industrial revolution taught that society was obligated to mitigate economics.

 

[Windship]

Leave it to a lefty to cite downturns in the business cycle as failures of capitalism.

'Cuz, you know, between 1800 and, say, 1907 (before the creation of the Fed), the capitalistic economy got steadily worse.

...and leave it to a rightee to ignore it.