Tinker83

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  • The Perversion of American Capitalism
    ferguson,

    capitalism by fiat operates on debt and borrowing, true capitalism operates on savings and ingenuity. in socialism taxes curb savings, and in fiat capitalism inflation curbs savings. savings and production are the only way to generate real value. socialism is a zero sum argument, and fiat capitalism delivers negative returns- the numbers might look good, but the value actually falls over time.


    On Nov 05 10:42 AM ferguson wrote:

    > Very good, insightful article, but not necessarily correct. All social
    > and economic systems (capitalism no less than socialism) are necessarily
    > wheels of fortune. In order to accomplish anything investment is
    > necessary. In a socialist society that means taxes. In a capitalist
    > society that means borrowing and debt. And both systems are dependent
    > on the belief that the unproven ends are worth the unavoidable cost.
    > So, spin the wheel and place your bets. The best assurance of a reasonable
    > degree of success is that we have honest and intelligent people running
    > the game.
    >
    > For this reason, we are much better off today than we were yesterday,
    > since Obama brings both intelligence and honesty to the job, qualities
    > that have been sadly lacking in American politics for decades. It
    > will take time, but I believe that these qualities, combined with
    > the American capacity for entreprenurial initiative, innovation and
    > investment will place this nation on a more productive and more rewarding
    > path.
    Nov 06 01:02 am |Rating: 0 0 |Link to Comment |View article
  • Deregulate Transportation to Beat 100 MPG
    that is most certainly NOT how free markets are supposed to work. that is how a rigged market fails, and the buzzards that set it up come in to mop the floor. if it had been a free market to begin with, we wouldn't be having this discussion because 100+ mpg would be a common reality right now and not just someone's neat little side project. the rigged market is a shell within the free market, and when the shell starts to crack (as we're seeing now) the free market rushes in for the fire sale. it's nobody's fault but our own for letting it happen.
    Jun 12 01:18 am |Rating: 0 0 |Link to Comment |View article
  • MZM, M3 Show Flight to Safety
    no, that just means it's cheaper to wipe your butt with cash than toilet paper...
    Apr 22 22:14 pm |Rating: 0 0 |Link to Comment |View article

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