The ultimate example of propaganda, deception, and manipulation by the media in the UK.
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Richard A. Abbott wrote:
That is what unfettered capitalism does.
Really? We both live in countries with hardcore Keynesian socialist economies, and we are both practically bankrupt, economies are in crisis, inflation is soaring, corruption is rampant, and people are getting really angry.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
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Richard A. Abbott wrote:
Thus the need for credible enforceable regulation.
It is a flawed system. The central bank model causes complications in the market, which the government tries to control with force, and that causes more problems, and the governments answer is even more regulation. Centrally planned economies do not work, history proves that. The real regulation comes from a free market. Each person has a responsibility to his/her own self, property, and business. These people have to make decisions based on their environment, a free market encourages savings, investment, innovation, low prices, high wages, efficiency, and survivability. When the government interferes, the system looses stability and people become dependent on the government. Eventually the country becomes bankrupt, inflation skyrockets, people are deprived, and social unrest follows.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
CaptainSeeSharp wrote:
The real regulation comes from a free market
HAHAHAHAHAHAHAHA!!!!!!!! "The definition of white is black! Up is down!" Free market means no regulation. No one to stop the predators from taking advantage of their power and shredding anyone weaker than they are for profit. Kind of like it is now since people haven't enforced regulations or have relaxed them. The current situation was cause by people being asleep at the helm and allowing the greedy little bastards to dictate the course. They wanted a system where they could have a no-risk to themselves investment scheme. They got it. Instead of getting rid of the central bank, simply making it so that the a-holes that did this stuff spent years breaking big rocks into little rocks as a warning with laws back in place ot stop these practices will be enough.
CaptainSeeSharp wrote:
free market encourages savings, investment, innovation, low prices, high wages, efficiency, and survivability.
A free market does no such thing. You pay your employees the absolute minimum to maximize profits. Innovation and competition is replaced with collusion. Survivability is not important, short term profit is. You can see this in the current market, and being less regulated would only make things worse. Give a company a chance at a monopoly and they take it, run with it, and use it to ram their product down your throat. Trying to stop a monopoly is so difficult it has been pretty much deemed impossible and requires a government of 4 to step in. Do I need to bring up an obvious example or 3?
If I have accidentally said something witty, smart, or correct, it is purely by mistake and I apologize for it.