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Unfettered Capitalism

Whether it's in four months or four years, Trump is leaving behind an absolute mess. And yet, he could very well still win. The Democrats are taking advantage of the ugliness, ignorance and arrogance of the Trump administration by running a historically weak candidate.
35 years ago Biden and Trump polled in the 1%-2% range when they indicated a desire to become POTUS, so it's almost impossible for me to understand how we came to 2020's "choice."

It is interesting (at least) to note how southern Democrats continue their historic role in shaping Democratic politics?

35 years of lesser of two evils. So, here we are, with lesser.
That's a hell of a lot better than more evil.
Not in the long run. That's why we have such fabulous choices these days.
More evil is better in the long run? How?
?? I think you misread my post. In the long run, voting lesser of two evils gets you more evil. It degenerates each election as voters make it clear that they're willing to vote for shitty candidates.
How does it generate more evil?
Didn't I just cover that??

The selection gets worse with every election because the parties know they don't need to present a good candidate to win. All they need is "not as bad as the other guy". They don't have to earn our votes with good leaders and appealing platforms, because we give them our votes regardless of how bad their candidates are.
 
Whether it's in four months or four years, Trump is leaving behind an absolute mess. And yet, he could very well still win. The Democrats are taking advantage of the ugliness, ignorance and arrogance of the Trump administration by running a historically weak candidate.
35 years ago Biden and Trump polled in the 1%-2% range when they indicated a desire to become POTUS, so it's almost impossible for me to understand how we came to 2020's "choice."

It is interesting (at least) to note how southern Democrats continue their historic role in shaping Democratic politics?

35 years of lesser of two evils. So, here we are, with lesser.
That's a hell of a lot better than more evil.
Not in the long run. That's why we have such fabulous choices these days.
More evil is better in the long run? How?
?? I think you misread my post. In the long run, voting lesser of two evils gets you more evil. It degenerates each election as voters make it clear that they're willing to vote for shitty candidates.

Seriously, how far would you take this idiocy? If the candidates were Hitler and Stalin, would you go town arguing with the opposition over who had killed less people? Or would you say - fuck that, I'm not voting for evil?
How would voting for some non-entity who won't win change anything?

Again, I've gone over this repeatedly. You don't want to understand, so you won't.

Voting for a "non-entity who won't win" tells the major parties you're not going to suck their dicks. It's either that, or keep sucking.
 
There would be many fewer IPOs if there wasn't a secondary market to trade them in.
"Is the stock market one giant Ponzi Scheme?

"A Ponzi Scheme, for those who haven’t heard the term, according to Investopedia, is 'a fraudulent investing scam promising high rates of return with little risk to investors. The Ponzi scheme generates returns for early investors by acquiring new investors. This is similar to a pyramid scheme in that both are based on using new investors’ funds to pay the earlier backers.'

"'Both Ponzi schemes and pyramid schemes eventually bottom out when the flood of new investors dries up and there isn’t enough money to go around. At that point, the schemes unravel.'"
View attachment 386439

The Stock Market Is a Ponzi Scheme

"Is the stock market one giant Ponzi Scheme?

No.

"A Ponzi Scheme, for those who haven’t heard the term, according to Investopedia, is 'a fraudulent investing scam promising high rates of return with little risk to investors.

Unlike the stock market.

Here is a more complete description:

A Ponzi scheme (/ˈpɒnzi/, Italian: [ˈpontsi]; also a Ponzi game)[1] is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors.[2] The scheme leads victims to believe that profits are coming from product sales or other means, and they remain unaware that other investors are the source of funds. A Ponzi scheme can maintain the illusion of a sustainable business as long as new investors contribute new funds, and as long as most of the investors do not demand full repayment and still believe in the non-existent assets they are purported to own.


You see (well not you, a smarter person), the stock you're buying in the market actually (usually) has sales (maybe not immediately) and profits (or at least anticipated profits) backing the value of the shares. No one legitimately promises you high returns and little risk when you invest.

Ponzi schemes typically have no sales and no profit behind the value of the shares.
 
Your complaining is boring because your solution does not address the problem.
All you want is more money per hour so the corporations will raise their prices and you''' still be at the bottom.
You're missing the shareholder bias built into today's financial statements:

Capital Income+Retained Earnings=Revenue-(Employee income+Cost of materials).

This could be rewritten as

Employee income+Retained earnings=Revenue-(Capital income+Cost of materials)

This would maximize employee income and make them assets instead of expenses.

The Divine Right of Capital by Marjorie Kelly: A Summary

This could be rewritten as

Employee income+Retained earnings=Revenue-(Capital income+Cost of materials)

This would maximize employee income and make them assets instead of expenses.


Why would the rewrite change employee income by one cent?

Capital Income+Retained Earnings=Revenue-(Employee income+Cost of materials).

$100,000+$20,000=$200,000-($40,000+$40,000)

Rewritten as:

Employee income+Retained earnings=Revenue-(Capital income+Cost of materials)

$40,000+$20,000=$200,000-($100,000+$40,000)

Both equations balance, all the numbers are identical.

NO CHANGE!!

Is the accounting too difficult for you to understand?
 
Whether it's in four months or four years, Trump is leaving behind an absolute mess. And yet, he could very well still win. The Democrats are taking advantage of the ugliness, ignorance and arrogance of the Trump administration by running a historically weak candidate.
35 years ago Biden and Trump polled in the 1%-2% range when they indicated a desire to become POTUS, so it's almost impossible for me to understand how we came to 2020's "choice."

It is interesting (at least) to note how southern Democrats continue their historic role in shaping Democratic politics?

35 years of lesser of two evils. So, here we are, with lesser.
That's a hell of a lot better than more evil.
Not in the long run. That's why we have such fabulous choices these days.
More evil is better in the long run? How?
?? I think you misread my post. In the long run, voting lesser of two evils gets you more evil. It degenerates each election as voters make it clear that they're willing to vote for shitty candidates.
How does it generate more evil?
Didn't I just cover that??

The selection gets worse with every election because the parties know they don't need to present a good candidate to win. All they need is "not as bad as the other guy". They don't have to earn our votes with good leaders and appealing platforms, because we give them our votes regardless of how bad their candidates are.
The process of winnowing out the candidates occurs during the primaries. That's when you can have effective input. The general election isn't where you want to do it because everything is on the table then. That's the reason Trump got the nomination. The other candidates were all establishment douchebags. It could have been much worse than Trump, like John Kasich or Bush.
 
Whether it's in four months or four years, Trump is leaving behind an absolute mess. And yet, he could very well still win. The Democrats are taking advantage of the ugliness, ignorance and arrogance of the Trump administration by running a historically weak candidate.
35 years ago Biden and Trump polled in the 1%-2% range when they indicated a desire to become POTUS, so it's almost impossible for me to understand how we came to 2020's "choice."

It is interesting (at least) to note how southern Democrats continue their historic role in shaping Democratic politics?

35 years of lesser of two evils. So, here we are, with lesser.
That's a hell of a lot better than more evil.
Not in the long run. That's why we have such fabulous choices these days.
More evil is better in the long run? How?
?? I think you misread my post. In the long run, voting lesser of two evils gets you more evil. It degenerates each election as voters make it clear that they're willing to vote for shitty candidates.

Seriously, how far would you take this idiocy? If the candidates were Hitler and Stalin, would you go town arguing with the opposition over who had killed less people? Or would you say - fuck that, I'm not voting for evil?
How would voting for some non-entity who won't win change anything?

Again, I've gone over this repeatedly. You don't want to understand, so you won't.

Voting for a "non-entity who won't win" tells the major parties you're not going to suck their dicks. It's either that, or keep sucking.
It has no effect on their decisions. How does it prevent them from getting elected? So you told them you aren't going to suck their dick? Then you end up sucking Biden's dick.
 
Your complaining is boring because your solution does not address the problem.
All you want is more money per hour so the corporations will raise their prices and you''' still be at the bottom.
You're missing the shareholder bias built into today's financial statements:

Capital Income+Retained Earnings=Revenue-(Employee income+Cost of materials).

This could be rewritten as

Employee income+Retained earnings=Revenue-(Capital income+Cost of materials)

This would maximize employee income and make them assets instead of expenses.

The Divine Right of Capital by Marjorie Kelly: A Summary

This could be rewritten as

Employee income+Retained earnings=Revenue-(Capital income+Cost of materials)

This would maximize employee income and make them assets instead of expenses.


Why would the rewrite change employee income by one cent?

Capital Income+Retained Earnings=Revenue-(Employee income+Cost of materials).

$100,000+$20,000=$200,000-($40,000+$40,000)

Rewritten as:

Employee income+Retained earnings=Revenue-(Capital income+Cost of materials)

$40,000+$20,000=$200,000-($100,000+$40,000)

Both equations balance, all the numbers are identical.

NO CHANGE!!

Is the accounting too difficult for you to understand?
Somewhere a parrot can type.
 
pZuMeOk.gif


Every socialist economy was success, right?
 
A free market is the target of any totalitarian regime, and why Marxism is so appealing to dictators.

Imagine how much power the state must have to not only monitor every financial transaction made, but to then redistribute the funds accordingly the way they think is "socially just". Such power requires 24/7 surveillance of every man, woman, and child with unlimited power to take from them what you think they should not have.
Raising the minimum wage can help even the Poor afford Justice under our form of Capitalism.

Commie talk.

MW should be zero.
 
Whether it's in four months or four years, Trump is leaving behind an absolute mess. And yet, he could very well still win. The Democrats are taking advantage of the ugliness, ignorance and arrogance of the Trump administration by running a historically weak candidate.
35 years ago Biden and Trump polled in the 1%-2% range when they indicated a desire to become POTUS, so it's almost impossible for me to understand how we came to 2020's "choice."

It is interesting (at least) to note how southern Democrats continue their historic role in shaping Democratic politics?

35 years of lesser of two evils. So, here we are, with lesser.
That's a hell of a lot better than more evil.
Not in the long run. That's why we have such fabulous choices these days.
More evil is better in the long run? How?
?? I think you misread my post. In the long run, voting lesser of two evils gets you more evil. It degenerates each election as voters make it clear that they're willing to vote for shitty candidates.

Seriously, how far would you take this idiocy? If the candidates were Hitler and Stalin, would you go town arguing with the opposition over who had killed less people? Or would you say - fuck that, I'm not voting for evil?
How would voting for some non-entity who won't win change anything?

Again, I've gone over this repeatedly. You don't want to understand, so you won't.

Voting for a "non-entity who won't win" tells the major parties you're not going to suck their dicks. It's either that, or keep sucking.
It has no effect on their decisions. How does it prevent them from getting elected?
Are you being deliberately obtuse? It affects future decisions. If Republicans realize they can't get libertarian votes unless they do libertarian shit, it might change their tune. Otherwise they see libertarians voting for them anyway, and they ignore us. This is not difficult to understand.

So you told them you aren't going to suck their dick? Then you end up sucking Biden's dick.

Not unless you're actually stupid enough to vote for Biden.
 
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Whether it's in four months or four years, Trump is leaving behind an absolute mess. And yet, he could very well still win. The Democrats are taking advantage of the ugliness, ignorance and arrogance of the Trump administration by running a historically weak candidate.
35 years ago Biden and Trump polled in the 1%-2% range when they indicated a desire to become POTUS, so it's almost impossible for me to understand how we came to 2020's "choice."

It is interesting (at least) to note how southern Democrats continue their historic role in shaping Democratic politics?

35 years of lesser of two evils. So, here we are, with lesser.
That's a hell of a lot better than more evil.
Not in the long run. That's why we have such fabulous choices these days.
More evil is better in the long run? How?
?? I think you misread my post. In the long run, voting lesser of two evils gets you more evil. It degenerates each election as voters make it clear that they're willing to vote for shitty candidates.
How does it generate more evil?
Didn't I just cover that??

The selection gets worse with every election because the parties know they don't need to present a good candidate to win. All they need is "not as bad as the other guy". They don't have to earn our votes with good leaders and appealing platforms, because we give them our votes regardless of how bad their candidates are.
The process of winnowing out the candidates occurs during the primaries. That's when you can have effective input. The general election isn't where you want to do it because everything is on the table then. That's the reason Trump got the nomination. The other candidates were all establishment douchebags. It could have been much worse than Trump, like John Kasich or Bush.

Yes. yes.... fear, fear, fear. Lesser of two evils is killing us.
 
A free market is the target of any totalitarian regime, and why Marxism is so appealing to dictators.

Imagine how much power the state must have to not only monitor every financial transaction made, but to then redistribute the funds accordingly the way they think is "socially just". Such power requires 24/7 surveillance of every man, woman, and child with unlimited power to take from them what you think they should not have.
Raising the minimum wage can help even the Poor afford Justice under our form of Capitalism.

Commie talk.

MW should be zero.
Why do you believe that under our form of Capitalism? Social services cost the equivalent to fourteen dollars an hour and is a reason for a fifteen dollar an hour minimum wage.
 
A free market is the target of any totalitarian regime, and why Marxism is so appealing to dictators.

Imagine how much power the state must have to not only monitor every financial transaction made, but to then redistribute the funds accordingly the way they think is "socially just". Such power requires 24/7 surveillance of every man, woman, and child with unlimited power to take from them what you think they should not have.
Raising the minimum wage can help even the Poor afford Justice under our form of Capitalism.

Commie talk.

MW should be zero.
Why do you believe that under our form of Capitalism? Social services cost the equivalent to fourteen dollars an hour and is a reason for a fifteen dollar an hour minimum wage.
Even though I am aware that are mentally ill and will click the Smiley, $15.00/hour has one living in a slum and receiving public assistance, which is right where the recipient was in the first place.
 
A free market is the target of any totalitarian regime, and why Marxism is so appealing to dictators.

Imagine how much power the state must have to not only monitor every financial transaction made, but to then redistribute the funds accordingly the way they think is "socially just". Such power requires 24/7 surveillance of every man, woman, and child with unlimited power to take from them what you think they should not have.
Raising the minimum wage can help even the Poor afford Justice under our form of Capitalism.

Commie talk.

MW should be zero.
Why do you believe that under our form of Capitalism? Social services cost the equivalent to fourteen dollars an hour and is a reason for a fifteen dollar an hour minimum wage.
Even though I am aware that are mentally ill and will click the Smiley, $15.00/hour has one living in a slum and receiving public assistance, which is right where the recipient was in the first place.
Maybe, but using less public assistance and more able to participate in our market based economy. And, someone making fifteen dollars an hour pays around five times more in federal income taxes than someone on the current federal minimum wage.
 
Last edited:
A free market is the target of any totalitarian regime, and why Marxism is so appealing to dictators.

Imagine how much power the state must have to not only monitor every financial transaction made, but to then redistribute the funds accordingly the way they think is "socially just". Such power requires 24/7 surveillance of every man, woman, and child with unlimited power to take from them what you think they should not have.
Raising the minimum wage can help even the Poor afford Justice under our form of Capitalism.

Commie talk.

MW should be zero.
Why do you believe that under our form of Capitalism? Social services cost the equivalent to fourteen dollars an hour and is a reason for a fifteen dollar an hour minimum wage.
Even though I am aware that are mentally ill and will click the Smiley, $15.00/hour has one living in a slum and receiving public assistance, which is right where the recipient was in the first place.
Maybe, but using less public assistance and more able to participate in our market based economy. And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.


And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.


How many dollars in federal income taxes will they pay at $15?
How many dollars in federal income taxes do they pay at the current federal minimum wage?
 
A free market is the target of any totalitarian regime, and why Marxism is so appealing to dictators.

Imagine how much power the state must have to not only monitor every financial transaction made, but to then redistribute the funds accordingly the way they think is "socially just". Such power requires 24/7 surveillance of every man, woman, and child with unlimited power to take from them what you think they should not have.
Raising the minimum wage can help even the Poor afford Justice under our form of Capitalism.

Commie talk.

MW should be zero.
Why do you believe that under our form of Capitalism? Social services cost the equivalent to fourteen dollars an hour and is a reason for a fifteen dollar an hour minimum wage.
Even though I am aware that are mentally ill and will click the Smiley, $15.00/hour has one living in a slum and receiving public assistance, which is right where the recipient was in the first place.
Maybe, but using less public assistance and more able to participate in our market based economy. And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.
The sole reason a 2nd generation American should be making $15.00/hour is if that person has a condition that the school district could not handle.
I accept the fact that not everyone can be a math or science wizard, but the trades, without illegals in our society provide a handsome living.
I am for linking welfare to scholastic achievement.
 
A free market is the target of any totalitarian regime, and why Marxism is so appealing to dictators.

Imagine how much power the state must have to not only monitor every financial transaction made, but to then redistribute the funds accordingly the way they think is "socially just". Such power requires 24/7 surveillance of every man, woman, and child with unlimited power to take from them what you think they should not have.
Raising the minimum wage can help even the Poor afford Justice under our form of Capitalism.

Commie talk.

MW should be zero.
Why do you believe that under our form of Capitalism? Social services cost the equivalent to fourteen dollars an hour and is a reason for a fifteen dollar an hour minimum wage.
Even though I am aware that are mentally ill and will click the Smiley, $15.00/hour has one living in a slum and receiving public assistance, which is right where the recipient was in the first place.
Maybe, but using less public assistance and more able to participate in our market based economy. And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.


And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.

How many dollars in federal income taxes will they pay at $15?
How many dollars in federal income taxes do they pay at the current federal minimum wage?
I don't want to be accused of bearing false witness with statistics.

 
A free market is the target of any totalitarian regime, and why Marxism is so appealing to dictators.

Imagine how much power the state must have to not only monitor every financial transaction made, but to then redistribute the funds accordingly the way they think is "socially just". Such power requires 24/7 surveillance of every man, woman, and child with unlimited power to take from them what you think they should not have.
Raising the minimum wage can help even the Poor afford Justice under our form of Capitalism.

Commie talk.

MW should be zero.
Why do you believe that under our form of Capitalism? Social services cost the equivalent to fourteen dollars an hour and is a reason for a fifteen dollar an hour minimum wage.
Even though I am aware that are mentally ill and will click the Smiley, $15.00/hour has one living in a slum and receiving public assistance, which is right where the recipient was in the first place.
Maybe, but using less public assistance and more able to participate in our market based economy. And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.
The sole reason a 2nd generation American should be making $15.00/hour is if that person has a condition that the school district could not handle.
I accept the fact that not everyone can be a math or science wizard, but the trades, without illegals in our society provide a handsome living.
I am for linking welfare to scholastic achievement.
I agree to disagree. There is no need for that form of nanny-State expense when equal protection of the laws can provide for automatic stabilization of our economy.
 
A free market is the target of any totalitarian regime, and why Marxism is so appealing to dictators.

Imagine how much power the state must have to not only monitor every financial transaction made, but to then redistribute the funds accordingly the way they think is "socially just". Such power requires 24/7 surveillance of every man, woman, and child with unlimited power to take from them what you think they should not have.
Raising the minimum wage can help even the Poor afford Justice under our form of Capitalism.

Commie talk.

MW should be zero.
Why do you believe that under our form of Capitalism? Social services cost the equivalent to fourteen dollars an hour and is a reason for a fifteen dollar an hour minimum wage.
Even though I am aware that are mentally ill and will click the Smiley, $15.00/hour has one living in a slum and receiving public assistance, which is right where the recipient was in the first place.
Maybe, but using less public assistance and more able to participate in our market based economy. And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.


And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.

How many dollars in federal income taxes will they pay at $15?
How many dollars in federal income taxes do they pay at the current federal minimum wage?
Zero.
A free market is the target of any totalitarian regime, and why Marxism is so appealing to dictators.

Imagine how much power the state must have to not only monitor every financial transaction made, but to then redistribute the funds accordingly the way they think is "socially just". Such power requires 24/7 surveillance of every man, woman, and child with unlimited power to take from them what you think they should not have.
Raising the minimum wage can help even the Poor afford Justice under our form of Capitalism.

Commie talk.

MW should be zero.
Why do you believe that under our form of Capitalism? Social services cost the equivalent to fourteen dollars an hour and is a reason for a fifteen dollar an hour minimum wage.
Even though I am aware that are mentally ill and will click the Smiley, $15.00/hour has one living in a slum and receiving public assistance, which is right where the recipient was in the first place.
Maybe, but using less public assistance and more able to participate in our market based economy. And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.


And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.

How many dollars in federal income taxes will they pay at $15?
How many dollars in federal income taxes do they pay at the current federal minimum wage?
I don't want to be accused of bearing false witness with statistics.

Lay it on the table...
$15.00 * 5 (days a week) * 4 (weeks a month) * 50 (2 weeks vacation)
Go ahead and calculate that spectacular annual wage that will be taxed at 1%.
 

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