Skip to content
  • Categories
  • Recent
  • Tags
  • Popular
  • World
  • Users
  • Groups
Skins
  • Light
  • Cerulean
  • Cosmo
  • Flatly
  • Journal
  • Litera
  • Lumen
  • Lux
  • Materia
  • Minty
  • Morph
  • Pulse
  • Sandstone
  • Simplex
  • Sketchy
  • Spacelab
  • United
  • Yeti
  • Zephyr
  • Dark
  • Cyborg
  • Darkly
  • Quartz
  • Slate
  • Solar
  • Superhero
  • Vapor

  • Default (No Skin)
  • No Skin
Collapse
Code Project
  1. Home
  2. Other Discussions
  3. The Back Room
  4. I would like to see a new study of

I would like to see a new study of

Scheduled Pinned Locked Moved The Back Room
collaborationtutorialquestion
40 Posts 11 Posters 0 Views 1 Watching
  • Oldest to Newest
  • Newest to Oldest
  • Most Votes
Reply
  • Reply as topic
Log in to reply
This topic has been deleted. Only users with topic management privileges can see it.
  • C CaptainSeeSharp

    Once again, let's review the definition of socialism. http://www.merriam-webster.com/dictionary/socialism[^] 1 : any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods 2 a : a system of society or group living in which there is no private property b : a system or condition of society in which the means of production are owned and controlled by the state 3 : a stage of society in Marxist theory transitional between capitalism and communism and distinguished by unequal distribution of goods and pay according to work done Now capitalism. : an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market http://www.merriam-webster.com/netdict/capitalism[^] We are bankrupt because of government interference, setting up a international corporatocracy using the federal reserve system to their advantage. Its socialism/communism.

    Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album[^] The True Soapbox is the Truthbox[^]

    C Offline
    C Offline
    Christian Graus
    wrote on last edited by
    #21

    CaptainSeeSharp wrote:

    any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods

    We did this before. How does my government or yours own the means of production and distribution of goods ?

    CaptainSeeSharp wrote:

    a : a system of society or group living in which there is no private property

    Why do I pay those big insurance bills if I have no private property ?

    CaptainSeeSharp wrote:

    a stage of society in Marxist theory transitional between capitalism and communism and distinguished by unequal distribution of goods and pay according to work done

    I don't get this bit. Surely capitalism is distinguished by unequal distribution of goods, and people being paid according to work done ? Either way, I remember last time you used word games to try to make the current situation fit this definition, but it plainly does not. I own houses, I own cars. Many Americans do the same. Private property exists in every concievable way.

    Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.

    C 1 Reply Last reply
    0
    • C Christian Graus

      CaptainSeeSharp wrote:

      any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods

      We did this before. How does my government or yours own the means of production and distribution of goods ?

      CaptainSeeSharp wrote:

      a : a system of society or group living in which there is no private property

      Why do I pay those big insurance bills if I have no private property ?

      CaptainSeeSharp wrote:

      a stage of society in Marxist theory transitional between capitalism and communism and distinguished by unequal distribution of goods and pay according to work done

      I don't get this bit. Surely capitalism is distinguished by unequal distribution of goods, and people being paid according to work done ? Either way, I remember last time you used word games to try to make the current situation fit this definition, but it plainly does not. I own houses, I own cars. Many Americans do the same. Private property exists in every concievable way.

      Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.

      C Offline
      C Offline
      CaptainSeeSharp
      wrote on last edited by
      #22

      You don't own your property if you have to pay rent to the state (property taxes). Unequal distribution of goods is welfare and subsidies. Government owns means of production because corporations get special privileges by the government and handouts from the central bank effectively eliminating competition and further bankrupting the country.

      Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album[^] The True Soapbox is the Truthbox[^]

      C L 2 Replies Last reply
      0
      • C CaptainSeeSharp

        You don't own your property if you have to pay rent to the state (property taxes). Unequal distribution of goods is welfare and subsidies. Government owns means of production because corporations get special privileges by the government and handouts from the central bank effectively eliminating competition and further bankrupting the country.

        Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album[^] The True Soapbox is the Truthbox[^]

        C Offline
        C Offline
        Christian Graus
        wrote on last edited by
        #23

        CaptainSeeSharp wrote:

        You don't own your property if you have to pay rent to the state (property taxes).

        See ? Word games. I don't pay property tax on my principal residence, but I pay rates, which pay for my water, trash pickup etc. The amount is negligible and no barrier to ownership. Most people have mortgages ( I don't ). A typical mortgage is $2000 a month. Rates are about $80 a month, so it's the cost of the house that matters, rates make no difference. Private property does not just mean my house. I own more than $20,000 worth of guitar equipment, for example, and at least $10,000 worth of computers. The replacement value on my CD collection is $60,000. How do you explain those things away ? I plainly have private property. If I was robbed, the police would investigate and attempt to return my property to me.

        CaptainSeeSharp wrote:

        Unequal distribution of goods is welfare and subsidies.

        Well, yes, that is unequal, but you realise people on welfare get very small amounts of money ? And the idea is to provide a safety net, not for people to live on it. I agree that it needs to be policed better, but I don't agree that it's bad. If you give someone who is able bodied and out of work no way to live, do you think they won't turn to crime ?

        CaptainSeeSharp wrote:

        Government owns means of production because corporations get special privileges by the government and handouts from the central bank effectively eliminating competition and further bankrupting the country.

        Again, what utter drivel. Government plainly does NOT own those things, regardless of how you try to twist reality.

        Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.

        C 1 Reply Last reply
        0
        • C Christian Graus

          CaptainSeeSharp wrote:

          You don't own your property if you have to pay rent to the state (property taxes).

          See ? Word games. I don't pay property tax on my principal residence, but I pay rates, which pay for my water, trash pickup etc. The amount is negligible and no barrier to ownership. Most people have mortgages ( I don't ). A typical mortgage is $2000 a month. Rates are about $80 a month, so it's the cost of the house that matters, rates make no difference. Private property does not just mean my house. I own more than $20,000 worth of guitar equipment, for example, and at least $10,000 worth of computers. The replacement value on my CD collection is $60,000. How do you explain those things away ? I plainly have private property. If I was robbed, the police would investigate and attempt to return my property to me.

          CaptainSeeSharp wrote:

          Unequal distribution of goods is welfare and subsidies.

          Well, yes, that is unequal, but you realise people on welfare get very small amounts of money ? And the idea is to provide a safety net, not for people to live on it. I agree that it needs to be policed better, but I don't agree that it's bad. If you give someone who is able bodied and out of work no way to live, do you think they won't turn to crime ?

          CaptainSeeSharp wrote:

          Government owns means of production because corporations get special privileges by the government and handouts from the central bank effectively eliminating competition and further bankrupting the country.

          Again, what utter drivel. Government plainly does NOT own those things, regardless of how you try to twist reality.

          Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.

          C Offline
          C Offline
          CaptainSeeSharp
          wrote on last edited by
          #24

          Christian Graus wrote:

          Word games.

          Glad you warned me, I might have read the rest of your post.

          Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album[^] The True Soapbox is the Truthbox[^]

          C R 2 Replies Last reply
          0
          • C CaptainSeeSharp

            Christian Graus wrote:

            Word games.

            Glad you warned me, I might have read the rest of your post.

            Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album[^] The True Soapbox is the Truthbox[^]

            C Offline
            C Offline
            Christian Graus
            wrote on last edited by
            #25

            Yes, it always comes to this. Your fantasy world does not bear close examination, so you run for your life.

            Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.

            1 Reply Last reply
            0
            • C CaptainSeeSharp

              Once again, let's review the definition of socialism. http://www.merriam-webster.com/dictionary/socialism[^] 1 : any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods 2 a : a system of society or group living in which there is no private property b : a system or condition of society in which the means of production are owned and controlled by the state 3 : a stage of society in Marxist theory transitional between capitalism and communism and distinguished by unequal distribution of goods and pay according to work done Now capitalism. : an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market http://www.merriam-webster.com/netdict/capitalism[^] We are bankrupt because of government interference, setting up a international corporatocracy using the federal reserve system to their advantage. Its socialism/communism.

              Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album[^] The True Soapbox is the Truthbox[^]

              L Offline
              L Offline
              Lost User
              wrote on last edited by
              #26

              CaptainSeeSharp wrote:

              1 : any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods 2 a : a system of society or group living in which there is no private property b : a system or condition of society in which the means of production are owned and controlled by the state 3 : a stage of society in Marxist theory transitional between capitalism and communism and distinguished by unequal distribution of goods and pay according to work done

              So, which means of production and distribution does your government own and administer?

              CaptainSeeSharp wrote:

              We are bankrupt because of government interference, setting up a international corporatocracy using the federal reserve system to their advantage. Its socialism/communism.

              Corporatocracy is government by a group of wealthy corporations. They govern by capturing the legislative and executive branches of government through the self-serving nature of most of humanity, generally for wealth and power. Corporatocracy has none of the objectives of socialism, communism or fascism. Each corporation seeks only to increase its return on investment (ROI), there is no other objective. Corporatocracy is by its very nature international, as individual corporations locate their manufacturing to countries that provide the greatest ROI. Naturally, they also sell into those markets that provide the greatest ROI. Your bankruptcy is due to a lack of government regulation. Government is there to protect the interests of the USA over those of any individual (which a corporation is, by law) or organization. Because the interests of a sufficient number of members of the legislature and the executive were those of the corporations, your interests were not even considered.

              Bob Emmett CSS: I don't intend to be a technical writing, I intend to be a software engineer.

              1 Reply Last reply
              0
              • C CaptainSeeSharp

                You don't own your property if you have to pay rent to the state (property taxes). Unequal distribution of goods is welfare and subsidies. Government owns means of production because corporations get special privileges by the government and handouts from the central bank effectively eliminating competition and further bankrupting the country.

                Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album[^] The True Soapbox is the Truthbox[^]

                L Offline
                L Offline
                Lost User
                wrote on last edited by
                #27

                CaptainSeeSharp wrote:

                You don't own your property if you have to pay rent to the state (property taxes).

                So a feudal monarchy is a socialist state?

                CaptainSeeSharp wrote:

                Government owns means of production because corporations get special privileges by the government and handouts from the central bank effectively eliminating competition

                Or Corporations own the Government and get special privileges and handouts from the Central Bank. Rest assured, your Government does not own the means of production. As to the elimination of competition, that is the objective of Capitalism. Greatest return on ROI is a monopoly, failing that, a cartel. If Corporations can use the Government to eliminate competition, they will.

                CaptainSeeSharp wrote:

                further bankrupting the country

                Which bankruptcy was brought about by the blind pursuit of ROI without careful analysis of the consequences, and exacerbated by the Corporations forcing the Government to bail them out, transferring debt from the private to the public sector.

                CaptainSeeSharp wrote:

                Unequal distribution of goods is welfare and subsidies.

                Well, if you are quoting from this: 3 : a stage of society in Marxist theory transitional between capitalism and communism and distinguished by unequal distribution of goods and pay according to work done no, it isn't.

                Bob Emmett CSS: I don't intend to be a technical writing, I intend to be a software engineer.

                C R 2 Replies Last reply
                0
                • C Corporal Agarn

                  How many parents that were premature babies have premature babies. What kind of life do people who have that have had excessive medical treatment to save their lives (the three year 20 surgeon team type). What would happen to heath costs in the USA if we were not so sue happy? (True non health care example: Oh, I spilled my coffee that I insist must be hot and burned myself it must be the fast food chains fault. Fast food lost thus signs now warn that the coffee is hot.) On another rant, here in Ohio we just spent many dollars to save the life of an inmate who over dosed so we could execute him the next week. I am sure this was done to prevent family from suing. Why do we award money to idiots? (see above) If I am dumb enough to stick my hand under the lawn mower, I deserve to have my fingers cut off. It is not the fault of the mower company for not putting on a warning label. Sorry bad day, djj

                  L Offline
                  L Offline
                  Lost User
                  wrote on last edited by
                  #28

                  djj55 wrote:

                  How many parents that were premature babies have premature babies.

                  An impossible question to answer as data as collected is incomplete. However, this series of reports might enlighten you just a bit ... Global report on preterm birth and stillbirth (7 documents)[^]

                  djj55 wrote:

                  What kind of life do people who have that have had excessive medical treatment to save their lives (the three year 20 surgeon team type).

                  Perhaps not what you are looking for, but the "Health and Quality of Live Outcomes" journal may provide you some answers. Here is their "browse articles index page" ... http://www.hqlo.com/articles/browse.asp[^]

                  djj55 wrote:

                  What would happen to heath costs in the USA if we were not so sue happy?

                  From a patients safety aspect while in surgery, this is informative http://www.pssjournal.com/content/3/1/26[^] as is this Defensive Medicine Among High-Risk Specialist Physicians in a Volatile Malpractice Environment[^] where [quote] Many specialist physicians reported doing more for (or to) patients because of malpractice risk, the cost of which is mainly borne by health insurance. Resorting to unnecessary diagnostic tests, especially imaging, was extremely common and cut across specialties. More than 90% of all respondents reported ordering tests unnecessarily and more than 60% of physicians in all specialties except neurosurgery reported performing or requesting invasive diagnostic procedures. Within the group of physicians who practiced defensively, 70% reported ordering an unnecessary diagnostic test as their most recent act. The prevalence of assurance behavior, coupled with the unit of cost procedures typically ordered (eg, MRIs), lends weight to arguments that the total cost of defensive med

                  1 Reply Last reply
                  0
                  • L Lost User

                    CaptainSeeSharp wrote:

                    You don't own your property if you have to pay rent to the state (property taxes).

                    So a feudal monarchy is a socialist state?

                    CaptainSeeSharp wrote:

                    Government owns means of production because corporations get special privileges by the government and handouts from the central bank effectively eliminating competition

                    Or Corporations own the Government and get special privileges and handouts from the Central Bank. Rest assured, your Government does not own the means of production. As to the elimination of competition, that is the objective of Capitalism. Greatest return on ROI is a monopoly, failing that, a cartel. If Corporations can use the Government to eliminate competition, they will.

                    CaptainSeeSharp wrote:

                    further bankrupting the country

                    Which bankruptcy was brought about by the blind pursuit of ROI without careful analysis of the consequences, and exacerbated by the Corporations forcing the Government to bail them out, transferring debt from the private to the public sector.

                    CaptainSeeSharp wrote:

                    Unequal distribution of goods is welfare and subsidies.

                    Well, if you are quoting from this: 3 : a stage of society in Marxist theory transitional between capitalism and communism and distinguished by unequal distribution of goods and pay according to work done no, it isn't.

                    Bob Emmett CSS: I don't intend to be a technical writing, I intend to be a software engineer.

                    C Offline
                    C Offline
                    CaptainSeeSharp
                    wrote on last edited by
                    #29

                    Bob Emmett wrote:

                    CaptainSeeSharp wrote: Unequal distribution of goods is welfare and subsidies. ACCORDING TO WORK DONE. (YOU LEFT THIS OUT) Well, if you are quoting from this: 3 : a stage of society in Marxist theory transitional between capitalism and communism and distinguished by unequal distribution of goods and pay according to work done no, it isn't. Bob Emmett

                    You see, this is pure bullshit, you know I'm right but you are a puny peon under the thumb of queen, blair, and, brown. You are a stupid pathetic slave and the only way to escape is to pretend you are living in a grand old free country. Say hello to the CCTV next time you look out the window. This is christains problem too, he just can't face reality so he tries hard to twist words which really makes him sound like he has been lobotomized or something, must have been all the fluoride tabs his ignorant mother poisoned him with as a child.

                    Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album[^] The True Soapbox is the Truthbox[^]

                    L C 2 Replies Last reply
                    0
                    • C CaptainSeeSharp

                      Bob Emmett wrote:

                      CaptainSeeSharp wrote: Unequal distribution of goods is welfare and subsidies. ACCORDING TO WORK DONE. (YOU LEFT THIS OUT) Well, if you are quoting from this: 3 : a stage of society in Marxist theory transitional between capitalism and communism and distinguished by unequal distribution of goods and pay according to work done no, it isn't. Bob Emmett

                      You see, this is pure bullshit, you know I'm right but you are a puny peon under the thumb of queen, blair, and, brown. You are a stupid pathetic slave and the only way to escape is to pretend you are living in a grand old free country. Say hello to the CCTV next time you look out the window. This is christains problem too, he just can't face reality so he tries hard to twist words which really makes him sound like he has been lobotomized or something, must have been all the fluoride tabs his ignorant mother poisoned him with as a child.

                      Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album[^] The True Soapbox is the Truthbox[^]

                      L Offline
                      L Offline
                      Lost User
                      wrote on last edited by
                      #30

                      CaptainSeeSharp wrote:

                      ACCORDING TO WORK DONE. (YOU LEFT THIS OUT)

                      No, dear old soul, you did[^]. As I have previously remarked, not only do you not read the articles to which you link, you do not even proof-read your own posts.

                      CaptainSeeSharp wrote:

                      You see, this is pure bullsh*t, you know I'm right but you are a puny peon under the thumb of queen, blair, and, brown. You are a stupid pathetic slave and the only way to escape is to pretend you are living in a grand old free country. Say hello to the CCTV next time you look out the window. This is christains problem too, he just can't face reality so he tries hard to twist words which really makes him sound like he has been lobotomized or something, must have been all the fluoride tabs his ignorant mother poisoned him with as a child.

                      Keep clinging to your delusions of what life is like in Britain and Australia, compared to that in the USA, if it gives you comfort. Given the image of the USA that your posts portray, you need all the comfort you can get in the land of the twee and the wholly depraved. As to my perception of Britain: it is not a grand old country; it is a run-down, tatty old country. As you will see when if the 2012 Olympic Games are held in London. Slave of Lizzie II? No. Monarchs have to toe the line, or they are deposed. Slave of B'Liar? No. He stood down from politics on 27 June 2007, despised by most of the 'peons', hence a liability to his party. Slave of B'Ruin? No, he is likely soon to be voted out of office; again, by the 'peons'. I have explained the nature of the CCTV cameras to you before. However, as the gin your mother put in your formula, together with your subsequent drug fuelled depravity, appear to have destroyed your memory, it would be pointless my repeating myself.

                      Bob Emmett CSS: I don't intend to be a technical writing, I intend to be a software engineer.

                      modified on Saturday, March 20, 2010 1:52 PM

                      1 Reply Last reply
                      0
                      • C CaptainSeeSharp

                        Bob Emmett wrote:

                        CaptainSeeSharp wrote: Unequal distribution of goods is welfare and subsidies. ACCORDING TO WORK DONE. (YOU LEFT THIS OUT) Well, if you are quoting from this: 3 : a stage of society in Marxist theory transitional between capitalism and communism and distinguished by unequal distribution of goods and pay according to work done no, it isn't. Bob Emmett

                        You see, this is pure bullshit, you know I'm right but you are a puny peon under the thumb of queen, blair, and, brown. You are a stupid pathetic slave and the only way to escape is to pretend you are living in a grand old free country. Say hello to the CCTV next time you look out the window. This is christains problem too, he just can't face reality so he tries hard to twist words which really makes him sound like he has been lobotomized or something, must have been all the fluoride tabs his ignorant mother poisoned him with as a child.

                        Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album[^] The True Soapbox is the Truthbox[^]

                        C Offline
                        C Offline
                        Christian Graus
                        wrote on last edited by
                        #31

                        CaptainSeeSharp wrote:

                        This is christains problem too, he just can't face reality so he tries hard to twist words which really makes him sound like he has been lobotomized or something, must have been all the fluoride tabs his ignorant mother poisoned him with as a child.

                        It's amusing to me how rarely you can spell my name right. If all I do is twist words, why are you incapable of twisting them back ? When I make small steps of logic to point out what I consider the fallacy of your words, why is it that you can't prove where my error is ? Why is it that saying you have no private property in the USA because you pay land tax is not twisting words in your mind ?

                        Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.

                        1 Reply Last reply
                        0
                        • C Christian Graus

                          No, the legal system as it's abused in American is a form of capitalism, not socialism.

                          Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.

                          R Offline
                          R Offline
                          RichardM1
                          wrote on last edited by
                          #32

                          You and CSS are both wrong. It's a form of stupidity and greed.

                          Opacity, the new Transparency.

                          1 Reply Last reply
                          0
                          • C CaptainSeeSharp

                            Christian Graus wrote:

                            Word games.

                            Glad you warned me, I might have read the rest of your post.

                            Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album[^] The True Soapbox is the Truthbox[^]

                            R Offline
                            R Offline
                            RichardM1
                            wrote on last edited by
                            #33

                            CSS, that was f'd up.

                            Opacity, the new Transparency.

                            C C 2 Replies Last reply
                            0
                            • R RichardM1

                              CSS, that was f'd up.

                              Opacity, the new Transparency.

                              C Offline
                              C Offline
                              CaptainSeeSharp
                              wrote on last edited by
                              #34

                              RichardM1 wrote:

                              CSS, that was f'd up.

                              Thank you.

                              Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album[^] The True Soapbox is the Truthbox[^]

                              R 1 Reply Last reply
                              0
                              • L Lost User

                                CaptainSeeSharp wrote:

                                You don't own your property if you have to pay rent to the state (property taxes).

                                So a feudal monarchy is a socialist state?

                                CaptainSeeSharp wrote:

                                Government owns means of production because corporations get special privileges by the government and handouts from the central bank effectively eliminating competition

                                Or Corporations own the Government and get special privileges and handouts from the Central Bank. Rest assured, your Government does not own the means of production. As to the elimination of competition, that is the objective of Capitalism. Greatest return on ROI is a monopoly, failing that, a cartel. If Corporations can use the Government to eliminate competition, they will.

                                CaptainSeeSharp wrote:

                                further bankrupting the country

                                Which bankruptcy was brought about by the blind pursuit of ROI without careful analysis of the consequences, and exacerbated by the Corporations forcing the Government to bail them out, transferring debt from the private to the public sector.

                                CaptainSeeSharp wrote:

                                Unequal distribution of goods is welfare and subsidies.

                                Well, if you are quoting from this: 3 : a stage of society in Marxist theory transitional between capitalism and communism and distinguished by unequal distribution of goods and pay according to work done no, it isn't.

                                Bob Emmett CSS: I don't intend to be a technical writing, I intend to be a software engineer.

                                R Offline
                                R Offline
                                RichardM1
                                wrote on last edited by
                                #35

                                Understand that I am arguing with you, not agreeing with CSS. :-O

                                Bob Emmett wrote:

                                Which bankruptcy was brought about by the blind pursuit of ROI without careful analysis of the consequences, and exacerbated by the Corporations forcing the Government to bail them out, transferring debt from the private to the public sector.

                                The gov telling mortgage brokers & banks to give mortgages to obviously unqualified wanna be home owners is NOT the blind pursuit of ROI in a free market. It was a market distorted by government interference. The gov forcing major oversight on companies for bailing them, and demanding re-payment of the debt is NOT transferring debt from the private to the public sector. The gov ends up with more control, charges the original debt off to the tax-payers, then uses the returned money for off budget 'expenses'.

                                Opacity, the new Transparency.

                                L 1 Reply Last reply
                                0
                                • R RichardM1

                                  CSS, that was f'd up.

                                  Opacity, the new Transparency.

                                  C Offline
                                  C Offline
                                  Christian Graus
                                  wrote on last edited by
                                  #36

                                  It's what he always does. Look for a loophole to claim to himself that he's taking the high moral ground rather than running away scared like a little girl because he's been proven totally wrong.

                                  Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.

                                  R 1 Reply Last reply
                                  0
                                  • C CaptainSeeSharp

                                    RichardM1 wrote:

                                    CSS, that was f'd up.

                                    Thank you.

                                    Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album[^] The True Soapbox is the Truthbox[^]

                                    R Offline
                                    R Offline
                                    RichardM1
                                    wrote on last edited by
                                    #37

                                    CaptainSeeSharp wrote:

                                    RichardM1 wrote: CSS, that was f'd up. Thank you.

                                    Sometimes f'd up is said as a compliment. This was not one of those times.

                                    Opacity, the new Transparency.

                                    1 Reply Last reply
                                    0
                                    • C Christian Graus

                                      It's what he always does. Look for a loophole to claim to himself that he's taking the high moral ground rather than running away scared like a little girl because he's been proven totally wrong.

                                      Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.

                                      R Offline
                                      R Offline
                                      RichardM1
                                      wrote on last edited by
                                      #38

                                      People keep hitting him with head shots. Know one understands that isn't his weak spot. ;P

                                      Opacity, the new Transparency.

                                      1 Reply Last reply
                                      0
                                      • R RichardM1

                                        Understand that I am arguing with you, not agreeing with CSS. :-O

                                        Bob Emmett wrote:

                                        Which bankruptcy was brought about by the blind pursuit of ROI without careful analysis of the consequences, and exacerbated by the Corporations forcing the Government to bail them out, transferring debt from the private to the public sector.

                                        The gov telling mortgage brokers & banks to give mortgages to obviously unqualified wanna be home owners is NOT the blind pursuit of ROI in a free market. It was a market distorted by government interference. The gov forcing major oversight on companies for bailing them, and demanding re-payment of the debt is NOT transferring debt from the private to the public sector. The gov ends up with more control, charges the original debt off to the tax-payers, then uses the returned money for off budget 'expenses'.

                                        Opacity, the new Transparency.

                                        L Offline
                                        L Offline
                                        Lost User
                                        wrote on last edited by
                                        #39

                                        RichardM1 wrote:

                                        Understand that I am arguing with you, not agreeing with CSS.

                                        Ah, but the 'enemy' of his 'enemy' is his friend. :)

                                        RichardM1 wrote:

                                        The gov telling mortgage brokers & banks to give mortgages to obviously unqualified wanna be home owners is NOT the blind pursuit of ROI in a free market. It was a market distorted by government interference.

                                        I agree that government intervention in any market is a bad thing. I agree that pressuring Fannie and Freddie to buy more mortgages for the very low income (i.e. people who couldn't afford to purchase the property) was a bad thing. But ... mortgages were no longer loans sitting lenders' books, they were a commodity. They could be sold and re-sold indefinitely. If the borrower could not meet the terms of the mortgage, the property could be refinanced or sold. It is little wonder that brokers, lenders and the securities market were lobbying the government for wider home ownership. Both Clinton and Bush milked it for the minority vote. The reckless pursuit of ROI in the mortgage market had already commenced. Government endorsed and accelerated it.

                                        RichardM1 wrote:

                                        The gov forcing major oversight on companies for bailing them, and demanding re-payment of the debt is NOT transferring debt from the private to the public sector. The gov ends up with more control, charges the original debt off to the tax-payers, then uses the returned money for off budget 'expenses'.

                                        Paul Volker has been put back in his box. No effective controls will be enacted. The immediate reaction to the crisis was bail-out the banks. The debt was transferred from the private sector to the public sector, no questions asked. Banks could only make the TARP repayments because they are on the government life-support system. This backing (FASB - 'mark to fantasy' on assets, Fed - access to cheap credit, FDIC - issue low cost debt, SEC - phoney stress tests) has increased the value of their stocks, enabling them to raise additional equity. The reality is that the banks remain bankrupt. So, perhaps the government is holding onto the TARP money until it is needed again ( :laugh: :laugh: :laugh: :laugh: :laugh: ).

                                        Bob Emmett CSS: I don't intend to be a technical writing, I intend to be a software engineer.

                                        1 Reply Last reply
                                        0
                                        • C Corporal Agarn

                                          How many parents that were premature babies have premature babies. What kind of life do people who have that have had excessive medical treatment to save their lives (the three year 20 surgeon team type). What would happen to heath costs in the USA if we were not so sue happy? (True non health care example: Oh, I spilled my coffee that I insist must be hot and burned myself it must be the fast food chains fault. Fast food lost thus signs now warn that the coffee is hot.) On another rant, here in Ohio we just spent many dollars to save the life of an inmate who over dosed so we could execute him the next week. I am sure this was done to prevent family from suing. Why do we award money to idiots? (see above) If I am dumb enough to stick my hand under the lawn mower, I deserve to have my fingers cut off. It is not the fault of the mower company for not putting on a warning label. Sorry bad day, djj

                                          L Offline
                                          L Offline
                                          Lost User
                                          wrote on last edited by
                                          #40

                                          When I was designing large scale evacuation systems (for refineries, airports etc.) we didn't bother with the US market because there were too many cases of companies being sued by survivors who would have been doing KFC impressions. As a result so many evac systems in the US are worthless. :sigh:

                                          Join the cool kids - Come fold with us[^]

                                          1 Reply Last reply
                                          0
                                          Reply
                                          • Reply as topic
                                          Log in to reply
                                          • Oldest to Newest
                                          • Newest to Oldest
                                          • Most Votes


                                          • Login

                                          • Don't have an account? Register

                                          • Login or register to search.
                                          • First post
                                            Last post
                                          0
                                          • Categories
                                          • Recent
                                          • Tags
                                          • Popular
                                          • World
                                          • Users
                                          • Groups