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Getbig Main Boards => Gossip & Opinions => Topic started by: galeniko on December 18, 2013, 10:57:51 PM

Title: usa people, what if capitalism finaly led to the following scenario:
Post by: galeniko on December 18, 2013, 10:57:51 PM
a very small elite and youre not part of that, owns prettu much everything and the vast majority cant make ends meet even if fully employed.

not like today ,but much much worse.where the 99% literaly cant afford to live.


would you still think the current economical system is the way to go?

what if the 1% offered to pay the necesary hand outs-top ups so everyone can make just ends meet, but no more.but no other change to the system.

and lets assume the market will not magicaly keep everything in check.

so?

Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: Roger Bacon on December 18, 2013, 11:11:46 PM
would you still think the current economical system is the way to go?


Of course not

We're on our way there now, not because of a free market though, the opposite. Government collusion with big business, over regulation and constant meddling is the problem. Obamacare is a prime example, one of the final nails in the coffin of the middle class.


We're far from free market capitalism in the United States unfortunately.
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: 99 Bananas on December 18, 2013, 11:20:47 PM
I'd say that would be better than what the US headed for. Wal mart has more money than 40% of the population combined. It's only going to get worse. Retards gonna retard.
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: Teutonic Knight on December 18, 2013, 11:27:53 PM
Oh no, not another revolution in America ........................ ..
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: Conker on December 18, 2013, 11:55:34 PM
a very small elite and youre not part of that, owns prettu much everything and the vast majority cant make ends meet even if fully employed.

not like today ,but much much worse.where the 99% literaly cant afford to live.


would you still think the current economical system is the way to go?

what if the 1% offered to pay the necesary hand outs-top ups so everyone can make just ends meet, but no more.but no other change to the system.

and lets assume the market will not magicaly keep everything in check.

so?



So you mean something similar to the former Soviet Union ?
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: kofo on December 18, 2013, 11:58:33 PM
Of course not

We're on our way there now, not because of a free market though, the opposite. Government collusion with big business, over regulation and constant meddling is the problem.



Theres never been less regulation in the US than today. Wall Street are not regulated at all.
In the 70ies airline fares was actually regulated by the government, you didnt know that, but now you do.

Personally I am very happy that we got the Stupid Republican Middle Class (SRMC). The SRMC is always happy to pay the rich mans bills. Like when his house lost 65% of its value. When his pension almost vanished. When his stocks all got lost in 2008. If he doesnt wanna pay we just accuse him of beeing socialist. It works every single time.

So this is a personal thank you to Roger Bacon for always beeing there to take the loss and pay our bill. Thank You !
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: Competitor 9 on December 19, 2013, 12:04:18 AM


Theres never been less regulation in the US than today. Wall Street are not regulated at all.
In the 70ies airline fares was actually regulated by the government, you didnt know that, but now you do.

Personally I am very happy that we got the Stupid Republican Middle Class (SRMC). The SRMC is always happy to pay the rich mans bills. Like when his house lost 65% of its value. When his pension almost vanished. When his stocks all got lost in 2008. If he doesnt wanna pay we just accuse him of beeing socialist. It works every single time.

So this is a personal thank you to Roger Bacon for always beeing there to take the loss and pay our bill. Thank You !


Less regulation then ever before? Where are you getting these facts? Obomacare, dot frank, carbon credits, EPA mandated auto manufacturer regs. Just to name a few are HUGE government regulation bills. If your gonna talk out your ass please at least know something about what your talking about
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: Competitor 9 on December 19, 2013, 12:07:51 AM
Oh ya how could I forget the EPA strangle hold and regulation to drive the cost of fossil fuels up including nature gas, in hopes to help the billions they dumped in green energy..... No your right less government oversight then ever.....  
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: Roger Bacon on December 19, 2013, 12:48:39 AM
Oh ya how could I forget the EPA strangle hold and regulation to drive the cost of fossil fuels up including nature gas, in hopes to help the billions they dumped in green energy..... No your right less government oversight then ever.....  


Good points, I could go on and on. You're wasting your time though, that man is delusional. I imagine successful people are an easy scapegoat for people like him.
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: Mr Nobody on December 19, 2013, 12:53:24 AM
a very small elite and youre not part of that, owns prettu much everything and the vast majority cant make ends meet even if fully employed.

not like today ,but much much worse.where the 99% literaly cant afford to live.


would you still think the current economical system is the way to go?

what if the 1% offered to pay the necesary hand outs-top ups so everyone can make just ends meet, but no more.but no other change to the system.

and lets assume the market will not magicaly keep everything in check.

so?


Mexicans face this every single day thats why they flee to the USA.
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: kofo on December 19, 2013, 01:45:43 AM

Less regulation then ever before? Where are you getting these facts? Obomacare, dot frank, carbon credits, EPA mandated auto manufacturer regs. Just to name a few are HUGE government regulation bills. If your gonna talk out your ass please at least know something about what your talking about

The real problem is loss of american jobs to foreign countrys, we were left with an expansion driven real estate economy, that created jobs and lots of money circulating. Until the bubble burst.

You make it sound like all regulation is wrong (who told you to belive that ?) The most successful economys are regulated like Netherlands, Scandinavia and Germany, they have a far, far better economy than the US. Not to mention the far east major economys all regulated.

I dont understand what is so great with that no rules, no regulation, anarchist economy some of you want,  has it ever been a success anywhere in the world ? Or is it just another naive Tea Party fantasy ?
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: kofo on December 19, 2013, 01:51:29 AM

Less regulation then ever before? Where are you getting these facts? Obomacare, dot frank, carbon credits, EPA mandated auto manufacturer regs. Just to name a few are HUGE government regulation bills. If your gonna talk out your ass please at least know something about what your talking about

Hm, so the deregulation of Bush and Bernanke prior to 2008...
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: Roger Bacon on December 19, 2013, 02:00:11 AM




Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: Roger Bacon on December 19, 2013, 02:01:05 AM
http://www.economist.com/node/21547789

Over-regulated America
The home of laissez-faire is being suffocated by excessive and badly written regulation
Feb 18th 2012 | From the print edition

(http://cdn.static-economist.com/sites/default/files/imagecache/full-width/images/print-edition/20120218_LDP002_0.jpg)

AMERICANS love to laugh at ridiculous regulations. A Florida law requires vending-machine labels to urge the public to file a report if the label is not there. The Federal Railroad Administration insists that all trains must be painted with an “F” at the front, so you can tell which end is which. Bureaucratic busybodies in Bethesda, Maryland, have shut down children's lemonade stands because the enterprising young moppets did not have trading licences. The list goes hilariously on.

But red tape in America is no laughing matter. The problem is not the rules that are self-evidently absurd. It is the ones that sound reasonable on their own but impose a huge burden collectively. America is meant to be the home of laissez-faire. Unlike Europeans, whose lives have long been circumscribed by meddling governments and diktats from Brussels, Americans are supposed to be free to choose, for better or for worse. Yet for some time America has been straying from this ideal.

Consider the Dodd-Frank law of 2010. Its aim was noble: to prevent another financial crisis. Its strategy was sensible, too: improve transparency, stop banks from taking excessive risks, prevent abusive financial practices and end “too big to fail” by authorising regulators to seize any big, tottering financial firm and wind it down. This newspaper supported these goals at the time, and we still do. But Dodd-Frank is far too complex, and becoming more so. At 848 pages, it is 23 times longer than Glass-Steagall, the reform that followed the Wall Street crash of 1929. Worse, every other page demands that regulators fill in further detail. Some of these clarifications are hundreds of pages long. Just one bit, the “Volcker rule”, which aims to curb risky proprietary trading by banks, includes 383 questions that break down into 1,420 subquestions.

Read more: http://www.economist.com/node/21547789
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: kofo on December 19, 2013, 02:02:49 AM

Good points, I could go on and on. You're wasting your time though, that man is delusional. I imagine successful people are an easy scapegoat for people like him.

LOL How many times would it take for you to have your house loose its value, loose your savings and pension before you change your mind ? Oh I know, never, your belives is all you got right and if we stop beliving bla, bla.

You have no idea how much those Wall Street guys laugh and ridicule people like you, you might not belive it but I have witnessed it numerous times. They laugh of people that call FOX News and say that no matter how much they lost they still dont belive in regulation. "Thank god" thay say as they laugh and laugh.
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: kofo on December 19, 2013, 02:13:59 AM
http://www.economist.com/node/21547789

Over-regulated America
The home of laissez-faire is being suffocated by excessive and badly written regulation
Feb 18th 2012 | From the print edition

(http://cdn.static-economist.com/sites/default/files/imagecache/full-width/images/print-edition/20120218_LDP002_0.jpg)

AMERICANS love to laugh at ridiculous regulations. A Florida law requires vending-machine labels to urge the public to file a report if the label is not there. The Federal Railroad Administration insists that all trains must be painted with an “F” at the front, so you can tell which end is which. Bureaucratic busybodies in Bethesda, Maryland, have shut down children's lemonade stands because the enterprising young moppets did not have trading licences. The list goes hilariously on.

But red tape in America is no laughing matter. The problem is not the rules that are self-evidently absurd. It is the ones that sound reasonable on their own but impose a huge burden collectively. America is meant to be the home of laissez-faire. Unlike Europeans, whose lives have long been circumscribed by meddling governments and diktats from Brussels, Americans are supposed to be free to choose, for better or for worse. Yet for some time America has been straying from this ideal.

Consider the Dodd-Frank law of 2010. Its aim was noble: to prevent another financial crisis. Its strategy was sensible, too: improve transparency, stop banks from taking excessive risks, prevent abusive financial practices and end “too big to fail” by authorising regulators to seize any big, tottering financial firm and wind it down. This newspaper supported these goals at the time, and we still do. But Dodd-Frank is far too complex, and becoming more so. At 848 pages, it is 23 times longer than Glass-Steagall, the reform that followed the Wall Street crash of 1929. Worse, every other page demands that regulators fill in further detail. Some of these clarifications are hundreds of pages long. Just one bit, the “Volcker rule”, which aims to curb risky proprietary trading by banks, includes 383 questions that break down into 1,420 subquestions.


Well I belive a dollar is a dollar and that it should be backed by gold. I dont belive that it is right that a bank can take Roger Bacons $1 then lend it out 10 different times in a complicated system noone can explain, creating a fake economy, and when Roger Bacon comes to get his $1 back with interest he only gets $0.10 because it was somehow lost in the system. And Roger Bacon beeing the good American that he is promises not to make a fuss about it, just work a little bit harder and longer to compensate for the loss.
I dont belive it is right.
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: bigmc on December 19, 2013, 02:15:08 AM
ultimately we are heading that way

the disparity between rich and poor is growing year on year
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: Roger Bacon on December 19, 2013, 02:30:55 AM

Well I belive a dollar is a dollar and that it should be backed by gold. I dont belive that it is right that a bank can take Roger Bacons $1 then lend it out 10 different times in a complicated system noone can explain, creating a fake economy, and when Roger Bacon comes to get his $1 back with interest he only gets $0.10 because it was somehow lost in the system. And Roger Bacon beeing the good American that he is promises not to make a fuss about it, just work a little bit harder and longer to compensate for the loss.
I dont belive it is right.

You're right, but you obviously can't see the underlying cause or realize who the guilty parties really are and how to fix the problem.

Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: syntaxmachine on December 19, 2013, 02:35:41 AM
a very small elite and youre not part of that, owns prettu much everything and the vast majority cant make ends meet even if fully employed.

not like today ,but much much worse.where the 99% literaly cant afford to live.

would you still think the current economical system is the way to go?

what if the 1% offered to pay the necesary hand outs-top ups so everyone can make just ends meet, but no more.but no other change to the system.

Well, one question is whether there is a viable alternative system on offer. If not, it doesn't make sense to say that the current system isn't the 'way to go,' since it is the only way to go -- unless one wants to stop 'going' altogether, like some apocalyptic group.

Anyway, there are always opportunities to make money around the world, so a nasty labor market at home wouldn't necessarily mean a life of serfdom for Americans.
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: kofo on December 19, 2013, 02:54:54 AM
You're right, but you obviously can't see the underlying cause or realize who the guilty parties really are and how to fix the problem.



The financial sector needs regulation. 9/11 started deregulation. Result 2008 disaster. Got nothing to do with Obamacare Ill tell you that.
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: kofo on December 19, 2013, 03:05:22 AM
Mexicans face this every single day thats why they flee to the USA.

The rich loves Mexicans, more people to buy the crap they sell, more people to create competition and lower vages in the labour market.

They also bring a lot of expences, medical, law enforcement, education etc but I am sure you guessed it by now, that the Stupid Republican Middle Class ends up with that bill too. They even volunteer to patrol the border, man those people are lost, its like they dont get ANYTHING of whats going on, still living in that 1955 John Wayne fantasy.
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: markofan on December 19, 2013, 07:02:06 AM
Of course not

We're on our way there now, not because of a free market though, the opposite. Government collusion with big business, over regulation and constant meddling is the problem. Obamacare is a prime example, one of the final nails in the coffin of the middle class.


We're far from free market capitalism in the United States unfortunately.

This is 100% correct.  We have corporatism, a soft fascism. 
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: The Showstoppa on December 19, 2013, 07:09:48 AM
The real problem is loss of american jobs to foreign countrys, we were left with an expansion driven real estate economy, that created jobs and lots of money circulating. Until the bubble burst.

You make it sound like all regulation is wrong (who told you to belive that ?) The most successful economys are regulated like Netherlands, Scandinavia and Germany, they have a far, far better economy than the US. Not to mention the far east major economys all regulated.

I dont understand what is so great with that no rules, no regulation, anarchist economy some of you want,  has it ever been a success anywhere in the world ? Or is it just another naive Tea Party fantasy ?

And why do you think Germany, etc... are "far, far better?" 
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: galeniko on December 19, 2013, 07:24:32 AM
So you mean something similar to the former Soviet Union ?
or in other words the socalled free market fans neoliberals from sitzerland,they have stated the very same thing openly here

im not being pessimistic or feel entitled to any system, this is just some thoughts after the book" average is over" which is bout the usa
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: galeniko on December 19, 2013, 07:28:13 AM


Theres never been less regulation in the US than today. Wall Street are not regulated at all.
In the 70ies airline fares was actually regulated by the government, you didnt know that, but now you do.

Personally I am very happy that we got the Stupid Republican Middle Class (SRMC). The SRMC is always happy to pay the rich mans bills. Like when his house lost 65% of its value. When his pension almost vanished. When his stocks all got lost in 2008. If he doesnt wanna pay we just accuse him of beeing socialist. It works every single time.

So this is a personal thank you to Roger Bacon for always beeing there to take the loss and pay our bill. Thank You !
i dont think the banks are the problem when ppl get into debt.regulation or not, bit self control is always a good thing.

say, for a bank its legal to advice you on one financial construct and then they bet against you ,knowing you could fail.this is not a secret or something.

i see corruption and cronieness as bigger problem.
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: galeniko on December 19, 2013, 07:47:22 AM
Well, one question is whether there is a viable alternative system on offer. If not, it doesn't make sense to say that the current system isn't the 'way to go,' since it is the only way to go -- unless one wants to stop 'going' altogether, like some apocalyptic group.

Anyway, there are always opportunities to make money around the world, so a nasty labor market at home wouldn't necessarily mean a life of serfdom for Americans.
i see it the same way, just find it interesting that the usa is now labeled a low wage nation.many jobs ar eminimum wage or slight above.

not the worst scenario at all, i think to take handouts makes one even more dependnt on the system, the 1% will gladly pay for the handouts,theyre not stupid.

things will change as technology advances, but its specualtive to say it will go this or that way imo.

Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: syntaxmachine on December 19, 2013, 07:55:35 AM
i see it the same way, just find it interesting that the usa is now labeled a low wage nation.many jobs ar eminimum wage or slight above.

not the worst scenario at all, i think to take handouts makes one even more dependnt on the system, the 1% will gladly pay for the handouts,theyre not stupid.

things will change as technology advances, but its specualtive to say it will go this or that way imo.

I think that the most difficult variable contributing to inequality in the future that Cowen describes is biological: assortative mating (i.e., the tendency of like phenotype to mate with like phenotype) combined with the heritability of intelligence. How can we stop the income-generating talent from congregating at the top, given these facts? We can't legislate biological facts away, so will we just redistribute some set of extra income from the top each year?
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: galeniko on December 19, 2013, 07:58:34 AM
I think that the most difficult variable contributing to inequality in the future that Cowen mentions is biological: assortative mating (i.e., the tendency of like phenotype to mate with like phenotype) combined with the heritability of intelligence. How can we stop the income-generating talent from congregating at the top, given these facts? We can't legislate biological facts away, so will we just redistribute some set of extra income from the top each year?
yes exactly.

his outlook looks rather sad.

most evrything looks like were headed there eventualy.

but never underestimate soem crazies who can pass some random laws.

Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: galeniko on December 19, 2013, 08:27:37 AM
lol about the trickle down economy bullshit.

its promised or soemthing that if the glass is full, will overspill and trickle down to the poorer.

but reality shows haha, that the glass instead gets bigger and fuck all trickles down ;D

ofc its not that simple.
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: syntaxmachine on December 19, 2013, 08:28:52 AM
yes exactly.

his outlook looks rather sad.

most evrything looks like were headed there eventualy.

I was going to say that the US military could soak up the below average folk as it is already wont to do -- leading to an even more militarized society -- but then thought that the trend Cowen discussed will probably happen there to, with drones/missiles/automated weapons, hahah.
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: galeniko on December 19, 2013, 08:38:44 AM
I was going to say that the US military could soak up the below average folk as it is already wont to do -- leading to an even more militarized society -- but then thought that the trend Cowen discussed will probably happen there to, with drones/missiles/automated weapons, hahah.
lol, or if some day military and police is privatised too ;D

lol he lists personal trainer as one of the jobs that the lower class will have, if any ;D

making it bbuilding related.

its not that the jobs arent there, currently at least, they just outsourced somewhere else, but these wont even exist anymore in some decades.

btw below average is the wrong term i thin, you meant below the elite who can "tell how many times the watch indicators cross etc"
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: syntaxmachine on December 19, 2013, 09:35:58 AM
btw below average is the wrong term i thin, you meant below the elite who can "tell how many times the watch indicators cross etc"

Assume income-earning ability is quantifiable. If 99% of the population has very little of it and 1% almost all of it, then the distribution of income-earning ability ought to be skewed such that most 99 percenters will be below average. So, let's say I was referring to people who are below average in this sense.
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: Irongrip400 on December 19, 2013, 09:44:59 AM
LOL How many times would it take for you to have your house loose its value, loose your savings and pension before you change your mind ? Oh I know, never, your belives is all you got right and if we stop beliving bla, bla.

You have no idea how much those Wall Street guys laugh and ridicule people like you, you might not belive it but I have witnessed it numerous times. They laugh of people that call FOX News and say that no matter how much they lost they still dont belive in regulation. "Thank god" thay say as they laugh and laugh.

I'm assuming English isn't your first language?
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: Teutonic Knight on December 19, 2013, 10:23:50 AM
lol, or if some day military and police is privatised too ;D

They a already privatized,privately owned (mostly ex-military owners) security companies a guarding military facilities (no need to mention
cleaning services,etc,.),more western protection services in Afghanistan than Nato soldiers,99% of all supply for the army is produced by
non military,in Melbourne & Sydney local councils sub-contract security & they co-operate with cops,in Melbourne they work on trains,
in famed mag 'Soldier of Fortune' well known names a discussing creation of something like American Foreign Legion (factually US used
foreigners in Central America & Korean war  ;)).

Attended Eugene Kaspersky's press conference 5 weeks ago, he mentioned contracting 3 Nato countries in EC + opening offices
in the US (no Russians or Russian Americans will be employed).
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: arce1988 on December 19, 2013, 02:46:29 PM
POTY Galeniko!
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: headhuntersix on December 19, 2013, 02:53:23 PM
They a already privatized,privately owned (mostly ex-military owners) security companies a guarding military facilities (no need to mention
cleaning services,etc,.),more western protection services in Afghanistan than Nato soldiers,99% of all supply for the army is produced by
non military,in Melbourne & Sydney local councils sub-contract security & they co-operate with cops,in Melbourne they work on trains,
in famed mag 'Soldier of Fortune' well known names a discussing creation of something like American Foreign Legion (factually US used
foreigners in Central America & Korean war  ;)).

Attended Eugene Kaspersky's press conference 5 weeks ago, he mentioned contracting 3 Nato countries in EC + opening offices
in the US (no Russians or Russian Americans will be employed).

The point of departure comes when the big PMC's...Aegis, Triple Canopy...the new Blackwater and the others begin to operate against the foreign policy of the US and NATO. Its still a massibe growth industry except the fortune 500 is begining to pay the bills instead of Uncle Sam.
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: Mr Nobody on December 19, 2013, 02:54:47 PM
I am doing calf raises every day to over come this shit.
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: The True Adonis on December 19, 2013, 02:56:45 PM
Morons,

The distribution of wealth has been about the same for over 100 years. 

Year    Bottom 99%    Top 1%
1922    63.3%    36.7%
1929    55.8%    44.2%
1933    66.7%    33.3%
1939    63.6%    36.4%
1945    70.2%    29.8%
1949    72.9%    27.1%
1953    68.8%    31.2%
1962    68.2%    31.8%
1965    65.6%    34.4%
1969    68.9%    31.1%
1972    70.9%    29.1%
1976    80.1%    19.9%
1979    79.5%    20.5%
1981    75.2%    24.8%
1983    69.1%    30.9%
1986    68.1%    31.9%
1989    64.3%    35.7%
1992    62.8%    37.2%
1995    61.5%    38.5%
1998    61.9%    38.1%
2001    66.6%    33.4%
2004    65.7%    34.3%
2007    65.4%    34.6%
2010    64.6%    35.4%
Sources: 1922-1989 data from Wolff (1996), 1992-2010 data from Wolff (2012)[23]
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: headhuntersix on December 19, 2013, 03:00:41 PM
Yeah but..those on the bottom are less self sufficient. They are being forced to rely more on Uncle Sam and are less prepared to take care of themselves...skill wise.
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: The Abdominal Snoman on December 19, 2013, 03:03:25 PM
a very small elite and youre not part of that, owns prettu much everything and the vast majority cant make ends meet even if fully employed.

not like today ,but much much worse.where the 99% literaly cant afford to live.


would you still think the current economical system is the way to go?

what if the 1% offered to pay the necesary hand outs-top ups so everyone can make just ends meet, but no more.but no other change to the system.

and lets assume the market will not magicaly keep everything in check.

so?



With technology advancing at a rapid pace, the elite have so many weapons at their disposal to fool society as a whole. The majority will never even realize how bad they have it because they will continue to be told how bad it is outside of where they are(not unlike the book 1984)...The advancement of hologram technology sets the stage of unthinkable forms of control...
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: che on December 19, 2013, 03:03:32 PM
Morons,

The distribution of wealth has been about the same for over 100 years. 

Year    Bottom 99%    Top 1%
1922    63.3%    36.7%
1929    55.8%    44.2%
1933    66.7%    33.3%
1939    63.6%    36.4%
1945    70.2%    29.8%
1949    72.9%    27.1%
1953    68.8%    31.2%
1962    68.2%    31.8%
1965    65.6%    34.4%
1969    68.9%    31.1%
1972    70.9%    29.1%
1976    80.1%    19.9%
1979    79.5%    20.5%
1981    75.2%    24.8%
1983    69.1%    30.9%
1986    68.1%    31.9%
1989    64.3%    35.7%
1992    62.8%    37.2%
1995    61.5%    38.5%
1998    61.9%    38.1%
2001    66.6%    33.4%
2004    65.7%    34.3%
2007    65.4%    34.6%
2010    64.6%    35.4%
Sources: 1922-1989 data from Wolff (1996), 1992-2010 data from Wolff (2012)[23]


http://money.cnn.com/2006/08/29/news/economy/wealth_gap/
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: headhuntersix on December 19, 2013, 03:08:22 PM
With technology advancing at a rapid pace, the elite have so many weapons at their disposal to fool society as a whole. The majority will never even realize how bad they have it because they will continue to be told how bad it is outside of where they are(not unlike the book 1984)...The advancement of hologram technology sets the stage of unthinkable forms of control...


Look at TV and the propaganda being pushed. Gay issues....racial tensions etc. They make things better or worse then they seem. I don't think there are 10 guys sitting around caling the shots....its a overall ideology that drives this shit. There is no real reason why America hasn't gone of the falls other then some small shared cultural ideology that basically can't stand to be told what to do. Thats why immigration is such a threat. The basis of this thread is wrong..capitalism won't drive us there, leftwing ideology at odds with our Constitutional foundation and rights will leads us there.
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: Roger Bacon on December 19, 2013, 03:08:57 PM
Morons,

ROFL
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: ESFitness on December 19, 2013, 03:52:28 PM
a very small elite and youre not part of that, owns prettu much everything and the vast majority cant make ends meet even if fully employed.

not like today ,but much much worse.where the 99% literaly cant afford to live.


would you still think the current economical system is the way to go?

what if the 1% offered to pay the necesary hand outs-top ups so everyone can make just ends meet, but no more.but no other change to the system.

and lets assume the market will not magicaly keep everything in check.

so?



I'm not worried about being in the 1%.. with alllll the money in the world, it's a big pie.. enough for everybody, if you're ambitious and motivated enough to take it.

I'm a big fan of Jimmy Cayne, ex-CEO of Bear Stearns... I always think back to a quote of his. He said when he looked at hiring a new guy, he didn't care about MBA's or phd's or whatever.. he wanted a PSD.. somebody who was Poor, Smart, and with a Deep Desire to Get Rich.

if you're smart enough to "figure it out", you can make a lot of money. And by "figuring it out", I mean realizing that you can do whatever you want... it's just that most people don't.

another quote that sticks with me is from Steve Jobs, ex-CEO of Apple, who said “Everything around you that you call life, was made up by people that were no smarter than you.”

there's not a whole lot that separates most people from the 1%. it's either taking advantage of an opportunity, or creating an opportunity.

hell, like I said, it's a big pie... I don't care much about the top 1%... the top 5% do pretty well also. :)
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: galeniko on December 19, 2013, 04:07:00 PM
They a already privatized,privately owned (mostly ex-military owners) security companies a guarding military facilities (no need to mention
cleaning services,etc,.),more western protection services in Afghanistan than Nato soldiers,99% of all supply for the army is produced by
non military,in Melbourne & Sydney local councils sub-contract security & they co-operate with cops,in Melbourne they work on trains,
in famed mag 'Soldier of Fortune' well known names a discussing creation of something like American Foreign Legion (factually US used
foreigners in Central America & Korean war  ;)).

Attended Eugene Kaspersky's press conference 5 weeks ago, he mentioned contracting 3 Nato countries in EC + opening offices
in the US (no Russians or Russian Americans will be employed).
oh i know that "prince" guy with mercenaries, and the us govt is or was pushing to that direction.

ok this is still all humans, but the day its robots, then were fucked :D

adonis to throw that wealth distribution chart into this thread,in the light of the info from the book "average is over" is plain trolling,lol
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: temple_of_dis on December 19, 2013, 04:11:31 PM
a very small elite and youre not part of that, owns prettu much everything and the vast majority cant make ends meet even if fully employed.

not like today ,but much much worse.where the 99% literaly cant afford to live.


would you still think the current economical system is the way to go?

what if the 1% offered to pay the necesary hand outs-top ups so everyone can make just ends meet, but no more.but no other change to the system.

and lets assume the market will not magicaly keep everything in check.

so?



seems capitalist places are more fun as avg joe to be

communist russia had 1% of real jokers at top murdering 10s of millions of those who disagreed

china did even better about 50mil??

people criminally coming into USA where capitalism is most active, even though its far from unregulated, and we have tons of welfare, and welfare fed gov printing press

The rest of the world and USA should in my opinion lower gov spendinf 95% and end all welfare, allow unregulated factories and ending government education aka public school

prices would drop like a rock and houses in unregulated market would be cheap big and mass produced with ever better set of features like pc
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: headhuntersix on December 19, 2013, 04:13:39 PM
I'm not worried about being in the 1%.. with alllll the money in the world, it's a big pie.. enough for everybody, if you're ambitious and motivated enough to take it.

I'm a big fan of Jimmy Cayne, ex-CEO of Bear Stearns... I always think back to a quote of his. He said when he looked at hiring a new guy, he didn't care about MBA's or phd's or whatever.. he wanted a PSD.. somebody who was Poor, Smart, and with a Deep Desire to Get Rich.

if you're smart enough to "figure it out", you can make a lot of money. And by "figuring it out", I mean realizing that you can do whatever you want... it's just that most people don't.

another quote that sticks with me is from Steve Jobs, ex-CEO of Apple, who said “Everything around you that you call life, was made up by people that were no smarter than you.”

there's not a whole lot that separates most people from the 1%. it's either taking advantage of an opportunity, or creating an opportunity.

hell, like I said, it's a big pie... I don't care much about the top 1%... the top 5% do pretty well also. :)


Yeah people should be less impressed with some asshole and a Ivy League degree and more with experience. It may be the only good thing to come out of the latest economic disaster.
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: temple_of_dis on December 19, 2013, 04:14:28 PM
I'd say that would be better than what the US headed for. Wal mart has more money than 40% of the population combined. It's only going to get worse. Retards gonna retard.

Wal mart also has great products at very low prices.

:)
 ;D

If more of usa economic activity was liek wal mart, USA be richer and prices cheaper for all, and quality better.
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: temple_of_dis on December 19, 2013, 04:15:29 PM


Theres never been less regulation in the US than today. Wall Street are not regulated at all.
In the 70ies airline fares was actually regulated by the government, you didnt know that, but now you do.

Personally I am very happy that we got the Stupid Republican Middle Class (SRMC). The SRMC is always happy to pay the rich mans bills. Like when his house lost 65% of its value. When his pension almost vanished. When his stocks all got lost in 2008. If he doesnt wanna pay we just accuse him of beeing socialist. It works every single time.

So this is a personal thank you to Roger Bacon for always beeing there to take the loss and pay our bill. Thank You !

You surely are joking?

Regulations are 1000s of pages of laws.  EPA has drones..... wtf  are you in parallel universe?
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: headhuntersix on December 19, 2013, 04:20:08 PM
oh i know that "prince" guy with mercenaries, and the us govt is or was pushing to that direction.

ok this is still all humans, but the day its robots, then were fucked :D

adonis to throw that wealth distribution chart into this thread,in the light of the info from the book "average is over" is plain trolling,lol

Prince popularized the PMC's and took them into the 21st century but the concept had been alive and well in the 90's and before. Companies like Aegis doing all kinds of stuff, from logistics to intell. Before the bubble burst for Prince and he left Blackwater...he wanted to field an entire US modeled heavy brigade with its own armor and aircraft, self sufficient and hireable by anybody.
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: Voice of Doom on December 19, 2013, 04:32:02 PM


Theres never been less regulation in the US than today. Wall Street are not regulated at all.
In the 70ies airline fares was actually regulated by the government, you didnt know that, but now you do.

Personally I am very happy that we got the Stupid Republican Middle Class (SRMC). The SRMC is always happy to pay the rich mans bills. Like when his house lost 65% of its value. When his pension almost vanished. When his stocks all got lost in 2008. If he doesnt wanna pay we just accuse him of beeing socialist. It works every single time.

So this is a personal thank you to Roger Bacon for always beeing there to take the loss and pay our bill. Thank You !

Less regulation?!  Are you kidding?  Have you looked at what it costs a small business to hire someone these days?  There may be less regulation in certain industries like finance but that's because of the revolving door between Wall Street and Treasury related government jobs. 

Wall Street is only successful because it has an open ended stream of capital at 0% interest it can pull from the Federal Reserve to invest and put on the American people's tab.  That's not a free market that's crony capitalism and its the 'de facto' system of ruling people in every country in the world no matter what 'creed' they've got on their flag or in their history books.

Take your left/right blinders off and view the world as it really is...built upon privilege and status and the maintenance of that system..
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: arce1988 on December 19, 2013, 04:33:09 PM
Quote
Wall Street is only successful because it has an open ended stream of capital at 0% interest it can pull from the Federal Reserve to invest and put on the American people's tab. 

That's not a free market that's crony capitalism and its the 'de facto' system of ruling people in every country in the world no matter what 'creed' they've got on their flag or in their history books.

Take your left/right blinders off and view the world as it really is...built upon privilege and status and the maintenance of that system..


^
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: arce1988 on December 19, 2013, 04:35:51 PM
Oligarchy
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: Mr Nobody on December 19, 2013, 04:38:04 PM
Goodrum will save us.
Title: Re: usa people, what if capitalism finaly led to the following scenario:
Post by: galeniko on December 19, 2013, 04:44:41 PM
Prince popularized the PMC's and took them into the 21st century but the concept had been alive and well in the 90's and before. Companies like Aegis doing all kinds of stuff, from logistics to intell. Before the bubble burst for Prince and he left Blackwater...he wanted to field an entire US modeled heavy brigade with its own armor and aircraft, self sufficient and hireable by anybody.
yah then he had to run out of the us(bit concerned about legal issues) and settled to some, hod on!!! muslim nation, because!hold on again! "less taxes if any", "les sgovt regulation".wanted to start armed fltillas to protect ships from pirates or something.

wow some true patriot.

also shows the hypocrysi and double face of some maslim nations, prince sure as hell is not their best friend.

i have nothing bad to say about the regular us army in the middle and far east btw.

and just for the record in general, i dont care about either economical system, i habe the mindset either adapt or relocate.not overly concerned.
also the book covers the usa for some precise reasons, parts of europe should be somewhat better off.not concerned about myself, just finding it an interesting topic.