Who's Afraid of Socialism?

"If their fortunes corresponded to great benefits they provided to the economy there would be little grounds for complaint, but for most of the very rich people in finance, this does not seem to be the case."

If you don't like the financial sector, feel free not to use their services.
Unlike under Communism, you're free to choose, eh comrade?
If you don't like fraud...
US_GSAB0410.gif

Don't use capitalism, right Rockefeller?

Former SEC Attorney James Kidney Is Captured Regulators' Worst Nightmare


"When Eisinger’s book, The Chickenshit Club, was published the following year, it included excerpts of numerous documents on the Abacus case, including this memo from Kidney which argued that the SEC should have considered charging Paulson & Co., John Paulson, as an individual, and others for the Abacus fraud:

"'Each of them knowingly participated, as did Goldman and Tourre, in a scheme to sell a product which, in blunt but accurate terms, was designed to fail. An important part of the scheme was, of course, not to inform investors the product was designed to fail and, further, to lull them into confidence about the offering by promoting the participation of a supposed independent entity to select the underlying assets which dictated the performance of the offering.'

"'This was intentionally done to disguise the participation and veto authority of Paulson & Co. in selecting the assets. In other words, the current and possibly additional evidence suggests they should be sued for securities fraud because they are liable for securities fraud.'"

If only ABN and IKB were huge banks full of professionals who knew how to analyze securities before they bought them, this never would have happened. DERP!
Total-Bank-Fraud-Settlements-2009-2014.png

MUST SEE CHART: Major Bank Fraud Adds Up To A Lot Of Silver | SilverSeek.com

"The amount of fraud taking place in the major banks throughout the world is staggering to say the least. Ironically, the only market that isn’t manipulated, is the silver market… so they say.

"To make it seem as if the regulators are on the ball, many of the major banks have been found guilty of committing one fraud or another, paying large fines and settlements."

Where's your concern for integrity?
Lol
Keep your socialism to yourselves, the rest of us want nothing to do with it. It does not require our participation...
yep let's keep going with the GOP giveaway to the rich and screwing you and everyone else, super dupe.

The Demise of the American Middle Class In Numbers.

Over the past 35 years the American dream has gradually disappeared. The process was slow, so most people didn’t notice. They just worked a few more hours, borrowed a little more and cut back on non-essentials. But looking at the numbers and comparing them over long time periods, it is obvious that things have changed drastically. Here are the details:

1. WORKERS PRODUCE MORE BUT THE GAINS GO TO BUSINESS.

Over the past 63 years worker productivity has grown by 2.0% per year.

But after 1980, workers received a smaller share every year. Labor’s share of income (1992 = 100%):

1950 = 101%
1960 = 105%
1970 = 105%
1980 = 105% – Reagan
1990 = 100%
2000 = 96%
2007 = 92%

A 13% drop since 1980

2. THE TOP 10% GET A LARGER SHARE.

Share of National Income going to Top 10%:

1950 = 35%
1960 = 34%
1970 = 34%
1980 = 34% – Reagan
1990 = 40%
2000 = 47%
2007 = 50%

An increase of 16% since Reagan.

3. WORKERS COMPENSATED FOR THE LOSS OF INCOME BY SPENDING THEIR SAVINGS.

The savings Rose up to Reagan and fell during and after.

1950 = 6.0%
1960 = 7.0%
1970 = 8.5%
1980 = 10.0% – Reagan
1982 = 11.2% – Peak
1990 = 7.0%
2000 = 2.0%
2006 = -1.1% (Negative = withdrawing from savings)

A 12.3% drop after Reagan.

4. WORKERS ALSO BORROWED TO MAKE UP FOR THE LOSS.

Household Debt as percentage of GDP:

1965 = 46%
1970 = 45%
1980 = 50% – Reagan
1990 = 61%
2000 = 69%
2007 = 95%

Thanks!
I have seen your bullshit wall of text in a while.
 
Most of today's refugees are fleeing capitalism.
figures-glance-unhc1r.jpg

"The world is witnessing the highest levels of displacement on record.

"An unprecedented 65.6 million people around the world have been forced from home by conflict and persecution at the end of 2016.

"Among them are nearly 22.5 million refugees, over half of whom are under the age of 18.

"There are also 10 million stateless people, who have been denied a nationality and access to basic rights such as education, healthcare, employment and freedom of movement."

Refugees | United Nations

Most of today's refugees are fleeing capitalism.

Those 3 examples are Muslim shitholes.
You mean these 3 "Muslim shitholes"?
figures-glance-unhc1r.jpg

"Millions of Syrians displaced
The conflict in Syria, now in its seventh year, was the world’s biggest producer of refugees (5.5 million). Humanitarian needs in Syria have increased significantly since the beginning of the crisis, with 13.5 million people in need of humanitarian assistance, including more than 6 million children. Over 400,000 people have been killed and more than 1 million injured since 2010."
Refugees | United Nations

How much money are heroic American capitalists "earning" from creating "Muslim shitholes" on the opposite side of the planet from Wall Street?

View attachment 240831

Yes, these 3 Muslim shitholes.

How much money are heroic American capitalists "earning" from creating "Muslim shitholes" on the opposite side of the planet from Wall Street?

You tell me.
In the mean time, keep these Muslims away from the civilized countries.
War-Crimes-in-Iraq.jpg

Pakalert Press » War Crimes in Iraq: Bush, Cheney, Rumsfeld Et Al and the Long Quest for Justice

Hillary and that black fella fucked up Syria and Libya.
george-w-bush-declares-mission-accomplished.jpg

Weapons of Mass Destruction?
 
Most of today's refugees are fleeing capitalism.

Those 3 examples are Muslim shitholes.
You mean these 3 "Muslim shitholes"?
figures-glance-unhc1r.jpg

"Millions of Syrians displaced
The conflict in Syria, now in its seventh year, was the world’s biggest producer of refugees (5.5 million). Humanitarian needs in Syria have increased significantly since the beginning of the crisis, with 13.5 million people in need of humanitarian assistance, including more than 6 million children. Over 400,000 people have been killed and more than 1 million injured since 2010."
Refugees | United Nations

How much money are heroic American capitalists "earning" from creating "Muslim shitholes" on the opposite side of the planet from Wall Street?

View attachment 240831

Yes, these 3 Muslim shitholes.

How much money are heroic American capitalists "earning" from creating "Muslim shitholes" on the opposite side of the planet from Wall Street?

You tell me.
In the mean time, keep these Muslims away from the civilized countries.
War-Crimes-in-Iraq.jpg

Pakalert Press » War Crimes in Iraq: Bush, Cheney, Rumsfeld Et Al and the Long Quest for Justice

Hillary and that black fella fucked up Syria and Libya.
george-w-bush-declares-mission-accomplished.jpg

Weapons of Mass Destruction?

Is that why Hillary and Obama fucked up Syria and Libya?
 
If only ABN and IKB were huge banks full of professionals who knew how to analyze securities before they bought them, this never would have happened. DERP!
Total-Bank-Fraud-Settlements-2009-2014.png

MUST SEE CHART: Major Bank Fraud Adds Up To A Lot Of Silver | SilverSeek.com

"The amount of fraud taking place in the major banks throughout the world is staggering to say the least. Ironically, the only market that isn’t manipulated, is the silver market… so they say.

"To make it seem as if the regulators are on the ball, many of the major banks have been found guilty of committing one fraud or another, paying large fines and settlements."

Where's your concern for integrity?
Lol
Keep your socialism to yourselves, the rest of us want nothing to do with it. It does not require our participation...
yep let's keep going with the GOP giveaway to the rich and screwing you and everyone else, super dupe.

The Demise of the American Middle Class In Numbers.

Over the past 35 years the American dream has gradually disappeared. The process was slow, so most people didn’t notice. They just worked a few more hours, borrowed a little more and cut back on non-essentials. But looking at the numbers and comparing them over long time periods, it is obvious that things have changed drastically. Here are the details:

1. WORKERS PRODUCE MORE BUT THE GAINS GO TO BUSINESS.

Over the past 63 years worker productivity has grown by 2.0% per year.

But after 1980, workers received a smaller share every year. Labor’s share of income (1992 = 100%):

1950 = 101%
1960 = 105%
1970 = 105%
1980 = 105% – Reagan
1990 = 100%
2000 = 96%
2007 = 92%

A 13% drop since 1980

2. THE TOP 10% GET A LARGER SHARE.

Share of National Income going to Top 10%:

1950 = 35%
1960 = 34%
1970 = 34%
1980 = 34% – Reagan
1990 = 40%
2000 = 47%
2007 = 50%

An increase of 16% since Reagan.

3. WORKERS COMPENSATED FOR THE LOSS OF INCOME BY SPENDING THEIR SAVINGS.

The savings Rose up to Reagan and fell during and after.

1950 = 6.0%
1960 = 7.0%
1970 = 8.5%
1980 = 10.0% – Reagan
1982 = 11.2% – Peak
1990 = 7.0%
2000 = 2.0%
2006 = -1.1% (Negative = withdrawing from savings)

A 12.3% drop after Reagan.

4. WORKERS ALSO BORROWED TO MAKE UP FOR THE LOSS.

Household Debt as percentage of GDP:

1965 = 46%
1970 = 45%
1980 = 50% – Reagan
1990 = 61%
2000 = 69%
2007 = 95%
Lol
I’m doing just fine... without socialism
Don't worry about the country or your friends and family and everyone else. Enjoy hell! LOL
Socialism is the savior to nobody
 
If only ABN and IKB were huge banks full of professionals who knew how to analyze securities before they bought them, this never would have happened. DERP!
Total-Bank-Fraud-Settlements-2009-2014.png

MUST SEE CHART: Major Bank Fraud Adds Up To A Lot Of Silver | SilverSeek.com

"The amount of fraud taking place in the major banks throughout the world is staggering to say the least. Ironically, the only market that isn’t manipulated, is the silver market… so they say.

"To make it seem as if the regulators are on the ball, many of the major banks have been found guilty of committing one fraud or another, paying large fines and settlements."

Where's your concern for integrity?
Lol
Keep your socialism to yourselves, the rest of us want nothing to do with it. It does not require our participation...
yep let's keep going with the GOP giveaway to the rich and screwing you and everyone else, super dupe.

The Demise of the American Middle Class In Numbers.

Over the past 35 years the American dream has gradually disappeared. The process was slow, so most people didn’t notice. They just worked a few more hours, borrowed a little more and cut back on non-essentials. But looking at the numbers and comparing them over long time periods, it is obvious that things have changed drastically. Here are the details:

1. WORKERS PRODUCE MORE BUT THE GAINS GO TO BUSINESS.

Over the past 63 years worker productivity has grown by 2.0% per year.

But after 1980, workers received a smaller share every year. Labor’s share of income (1992 = 100%):

1950 = 101%
1960 = 105%
1970 = 105%
1980 = 105% – Reagan
1990 = 100%
2000 = 96%
2007 = 92%

A 13% drop since 1980

2. THE TOP 10% GET A LARGER SHARE.

Share of National Income going to Top 10%:

1950 = 35%
1960 = 34%
1970 = 34%
1980 = 34% – Reagan
1990 = 40%
2000 = 47%
2007 = 50%

An increase of 16% since Reagan.

3. WORKERS COMPENSATED FOR THE LOSS OF INCOME BY SPENDING THEIR SAVINGS.

The savings Rose up to Reagan and fell during and after.

1950 = 6.0%
1960 = 7.0%
1970 = 8.5%
1980 = 10.0% – Reagan
1982 = 11.2% – Peak
1990 = 7.0%
2000 = 2.0%
2006 = -1.1% (Negative = withdrawing from savings)

A 12.3% drop after Reagan.

4. WORKERS ALSO BORROWED TO MAKE UP FOR THE LOSS.

Household Debt as percentage of GDP:

1965 = 46%
1970 = 45%
1980 = 50% – Reagan
1990 = 61%
2000 = 69%
2007 = 95%
Lol
I’m doing just fine... without socialism
If you and your family have an accident or get sick, you are totally screwed and will lose everything.
Na, not really
 
Why would anyone be afraid of something that has failed everytime it has been used?
 
Total-Bank-Fraud-Settlements-2009-2014.png

MUST SEE CHART: Major Bank Fraud Adds Up To A Lot Of Silver | SilverSeek.com

"The amount of fraud taking place in the major banks throughout the world is staggering to say the least. Ironically, the only market that isn’t manipulated, is the silver market… so they say.

"To make it seem as if the regulators are on the ball, many of the major banks have been found guilty of committing one fraud or another, paying large fines and settlements."

Where's your concern for integrity?
Lol
Keep your socialism to yourselves, the rest of us want nothing to do with it. It does not require our participation...
yep let's keep going with the GOP giveaway to the rich and screwing you and everyone else, super dupe.

The Demise of the American Middle Class In Numbers.

Over the past 35 years the American dream has gradually disappeared. The process was slow, so most people didn’t notice. They just worked a few more hours, borrowed a little more and cut back on non-essentials. But looking at the numbers and comparing them over long time periods, it is obvious that things have changed drastically. Here are the details:

1. WORKERS PRODUCE MORE BUT THE GAINS GO TO BUSINESS.

Over the past 63 years worker productivity has grown by 2.0% per year.

But after 1980, workers received a smaller share every year. Labor’s share of income (1992 = 100%):

1950 = 101%
1960 = 105%
1970 = 105%
1980 = 105% – Reagan
1990 = 100%
2000 = 96%
2007 = 92%

A 13% drop since 1980

2. THE TOP 10% GET A LARGER SHARE.

Share of National Income going to Top 10%:

1950 = 35%
1960 = 34%
1970 = 34%
1980 = 34% – Reagan
1990 = 40%
2000 = 47%
2007 = 50%

An increase of 16% since Reagan.

3. WORKERS COMPENSATED FOR THE LOSS OF INCOME BY SPENDING THEIR SAVINGS.

The savings Rose up to Reagan and fell during and after.

1950 = 6.0%
1960 = 7.0%
1970 = 8.5%
1980 = 10.0% – Reagan
1982 = 11.2% – Peak
1990 = 7.0%
2000 = 2.0%
2006 = -1.1% (Negative = withdrawing from savings)

A 12.3% drop after Reagan.

4. WORKERS ALSO BORROWED TO MAKE UP FOR THE LOSS.

Household Debt as percentage of GDP:

1965 = 46%
1970 = 45%
1980 = 50% – Reagan
1990 = 61%
2000 = 69%
2007 = 95%
Lol
I’m doing just fine... without socialism
Don't worry about the country or your friends and family and everyone else. Enjoy hell! LOL
Socialism is the savior to nobody
if it is defined as fair capitalism always Democratic with a good safety net, it's certainly does. Yes we know you are brainwashed and ignorant. It is certainly not communist.
 
Total-Bank-Fraud-Settlements-2009-2014.png

MUST SEE CHART: Major Bank Fraud Adds Up To A Lot Of Silver | SilverSeek.com

"The amount of fraud taking place in the major banks throughout the world is staggering to say the least. Ironically, the only market that isn’t manipulated, is the silver market… so they say.

"To make it seem as if the regulators are on the ball, many of the major banks have been found guilty of committing one fraud or another, paying large fines and settlements."

Where's your concern for integrity?
Lol
Keep your socialism to yourselves, the rest of us want nothing to do with it. It does not require our participation...
yep let's keep going with the GOP giveaway to the rich and screwing you and everyone else, super dupe.

The Demise of the American Middle Class In Numbers.

Over the past 35 years the American dream has gradually disappeared. The process was slow, so most people didn’t notice. They just worked a few more hours, borrowed a little more and cut back on non-essentials. But looking at the numbers and comparing them over long time periods, it is obvious that things have changed drastically. Here are the details:

1. WORKERS PRODUCE MORE BUT THE GAINS GO TO BUSINESS.

Over the past 63 years worker productivity has grown by 2.0% per year.

But after 1980, workers received a smaller share every year. Labor’s share of income (1992 = 100%):

1950 = 101%
1960 = 105%
1970 = 105%
1980 = 105% – Reagan
1990 = 100%
2000 = 96%
2007 = 92%

A 13% drop since 1980

2. THE TOP 10% GET A LARGER SHARE.

Share of National Income going to Top 10%:

1950 = 35%
1960 = 34%
1970 = 34%
1980 = 34% – Reagan
1990 = 40%
2000 = 47%
2007 = 50%

An increase of 16% since Reagan.

3. WORKERS COMPENSATED FOR THE LOSS OF INCOME BY SPENDING THEIR SAVINGS.

The savings Rose up to Reagan and fell during and after.

1950 = 6.0%
1960 = 7.0%
1970 = 8.5%
1980 = 10.0% – Reagan
1982 = 11.2% – Peak
1990 = 7.0%
2000 = 2.0%
2006 = -1.1% (Negative = withdrawing from savings)

A 12.3% drop after Reagan.

4. WORKERS ALSO BORROWED TO MAKE UP FOR THE LOSS.

Household Debt as percentage of GDP:

1965 = 46%
1970 = 45%
1980 = 50% – Reagan
1990 = 61%
2000 = 69%
2007 = 95%
Lol
I’m doing just fine... without socialism
If you and your family have an accident or get sick, you are totally screwed and will lose everything.
Na, not really
The fact remains that the middle class is going to hell under Reagan tax rates and policies.
 
Why would anyone be afraid of something that has failed everytime it has been used?
We are all socialists now... Said the Finland prime minister when ObamaCare passed. U g o p dupes have no clue whatsoever.
What makes the prime minister of Finland the world class expert on political systems? Again name one successful socialist nation if you can.
 
Why would anyone be afraid of something that has failed everytime it has been used?
Bernie Sanders is a socialist. What countries are you talkin about, ignorant GOP dupe?
Name one successful socialist country if you can. By the way I am a classic liberal.
France Scandinavia bu Canada New Zealand Australia Japan

You are a brainwashed GOP dupe.
And believe socialism is communism. Only in GOP dupe world. "we are all socialists now!"-+Finland prime minister when ObamaCare passed
 
Why would anyone be afraid of something that has failed everytime it has been used?
We are all socialists now... Said the Finland prime minister when ObamaCare passed. U g o p dupes have no clue whatsoever.
What makes the prime minister of Finland the world class expert on political systems? Again name one successful socialist nation if you can.
Name any socialist state, dingbat. You don't know what they are...
 
Who’s Afraid of Socialism? | Open Media Boston

"Capitalism’s incompatibility with majority interests has been reaffirmed by the current economic crisis.

"Earlier, the most severe effects of capitalism had been offset, within the US, by the progressive reforms of the 1930s.

"But capital’s political power was less restrained in this country than it was in the other rich countries.

"Flush with military might and bolstered by a mass right-wing culture of arrogant self-righteousness, US capital launched a withering counterattack against the New Deal legacy, culminating in an almost three-decade orgy of anti-welfare legislation, imperialist aggression, privatization, and deregulation."

Unrestrained profit maximization results in concentrating an enormous amount of surplus capital which can find few safe investments.

"Free market" capitalists turn to highly speculative scams which generate financial bubbles as the real economy continues to be hollowed out and the working class is driven deeper into debt.

Socialism would turn to government for an alternative, but US government is Goldman Sachs regardless of which major party is in control.
Anybody with any common sense or capacity to commit logic is afraid of socialism. All you have to do is look at Venezuela to see why you have to be insane to adopt such economic policies.
For christ fkin sake dude. Venezuela is a universe away from what we are and do. Just stop. Even amongst the left we understand that America was born and succeeded primarily as a capitalist nation and we still want that core. The failure of capitalism is negative externalities, failed markets, an aversion to even trying to fix problems, growing economic inequality. What we want is to use more a socialist toolset to address some of these problems as we've seen other nations successfully do and on the name of the well being of the people. No one here is saying let's be Venezuela. So seriously stfu and turn off your rotten news source.
 
Lol
Keep your socialism to yourselves, the rest of us want nothing to do with it. It does not require our participation...
yep let's keep going with the GOP giveaway to the rich and screwing you and everyone else, super dupe.

The Demise of the American Middle Class In Numbers.

Over the past 35 years the American dream has gradually disappeared. The process was slow, so most people didn’t notice. They just worked a few more hours, borrowed a little more and cut back on non-essentials. But looking at the numbers and comparing them over long time periods, it is obvious that things have changed drastically. Here are the details:

1. WORKERS PRODUCE MORE BUT THE GAINS GO TO BUSINESS.

Over the past 63 years worker productivity has grown by 2.0% per year.

But after 1980, workers received a smaller share every year. Labor’s share of income (1992 = 100%):

1950 = 101%
1960 = 105%
1970 = 105%
1980 = 105% – Reagan
1990 = 100%
2000 = 96%
2007 = 92%

A 13% drop since 1980

2. THE TOP 10% GET A LARGER SHARE.

Share of National Income going to Top 10%:

1950 = 35%
1960 = 34%
1970 = 34%
1980 = 34% – Reagan
1990 = 40%
2000 = 47%
2007 = 50%

An increase of 16% since Reagan.

3. WORKERS COMPENSATED FOR THE LOSS OF INCOME BY SPENDING THEIR SAVINGS.

The savings Rose up to Reagan and fell during and after.

1950 = 6.0%
1960 = 7.0%
1970 = 8.5%
1980 = 10.0% – Reagan
1982 = 11.2% – Peak
1990 = 7.0%
2000 = 2.0%
2006 = -1.1% (Negative = withdrawing from savings)

A 12.3% drop after Reagan.

4. WORKERS ALSO BORROWED TO MAKE UP FOR THE LOSS.

Household Debt as percentage of GDP:

1965 = 46%
1970 = 45%
1980 = 50% – Reagan
1990 = 61%
2000 = 69%
2007 = 95%
Lol
I’m doing just fine... without socialism
Don't worry about the country or your friends and family and everyone else. Enjoy hell! LOL
Socialism is the savior to nobody
if it is defined as fair capitalism always Democratic with a good safety net, it's certainly does. Yes we know you are brainwashed and ignorant. It is certainly not communist.
john-adams-president-quote-democracy-while-it-lasts-is-more-bloody.jpg
 

Forum List

Back
Top