Do you support Socialism?

[Cuauhtémoc1520]

The same can be said of your assertions sir. In fact VERY MUCH SO.

The good thing on my part is that I cite BASIS coming from ONE OF THE GREATEST AMERICAN ECONOMIC MIND OF THE 2OTH CENTURY.

If you don't know who Milton Friedman is, then it's no wonder why you are so deluded and misguided by your love for socialism.

Yup that's me, a socialist. I'm going to visit Hugo Chavez next month but I need to buy my Che Guevarra t-shirt and get my tattoo of Mao first. I don't want to go unprepared.

[BattlingNelson]

The same can be said of your assertions sir. In fact VERY MUCH SO.

The good thing on my part is that I cite BASIS coming from ONE OF THE GREATEST AMERICAN ECONOMIC MIND OF THE 2OTH CENTURY.

If you don't know who Milton Friedman is... Let's just say he's a VERY SMART AMERICAN.

THERE IS NO MIDDLE GROUND SINCE SOCIALISM AND FREE MARKET IDEALS ARE SO OPPOSITE OF EACH OTHER.

Isn't America already a SOCIALIST COUNTRY by default? Obamacare, excessive regulation, high taxes (which will go even higher), humongous government bureaucracy, etc. Afterall those are characteristics of a socialist state.

No middle ground sir.

Ok wise guy. How does the eurozone prove that socialism is a failure?

[T.Horton]

The same can be said of your assertions sir. In fact VERY MUCH SO.

The good thing on my part is that I cite BASIS coming from ONE OF THE GREATEST AMERICAN ECONOMIC MIND OF THE 2OTH CENTURY.

If you don't know who Milton Friedman is... Let's just say he's a VERY SMART AMERICAN.

THERE IS NO MIDDLE GROUND SINCE SOCIALISM AND FREE MARKET IDEALS ARE SO OPPOSITE OF EACH OTHER.

Isn't America already a SOCIALIST COUNTRY by default? Obamacare, excessive regulation, high taxes (which will go even higher), humongous government bureaucracy, etc. Afterall those are characteristics of a socialist state.

No middle ground sir.

[mokmokv2]

Ok wise guy. How does the eurozone prove that socialism is a failure?

Kindly research Milton Friedman sir. I've already posted a few videos. But since you asked.

Word of advice. This is just going to take you 30 minutes to listen to the mind of a GENIUS. Don't be lazy and listen attentively.

http://www.youtube.com/watch?v=n-n8P...feature=g-vrec

The guy basically had a crystal ball here and is shockingly accurate in today's geopolitical scene.

You may thank me afterwards good sir.

[BattlingNelson]

Kindly research Milton Friedman sir. I've already posted a few videos. But since you asked.

Word of advice. This is just going to take you 30 minutes to listen to the mind of a GENIUS. Don't be lazy and listen attentively.

http://www.youtube.com/watch?v=n-n8P...feature=g-vrec

The guy basically had a crystal ball here and is shockingly accurate in today's geopolitical scene.

You may thank me afterwards good sir.

I am asking YOU. I am not interested in the opinions of a man who has been dead for years and therefore has no knowledge of the situation within the eurozone today.

YOU said the eurozone was proof of the failure of socialism. YOU defend that statement or STFU.


FYI I am perfectly aware of who Friedman was. I have a masters in economics.

[Jim Jeffries]

Kindly research Milton Friedman sir. I've already posted a few videos. But since you asked.

Word of advice. This is just going to take you 30 minutes to listen to the mind of a GENIUS. Don't be lazy and listen attentively.

http://www.youtube.com/watch?v=n-n8P...feature=g-vrec

The guy basically had a crystal ball here and is shockingly accurate in today's geopolitical scene.

You may thank me afterwards good sir.

But seriously, why are people still responding to this dude? (who I'm guessing is JoeArtCC or some regular having a few laughs at our expense.)

[One_Tycoon]

sorry, I missed this whole conversation but thanks to some red k I remembered it and am revisiting it.
anyway, your claims are unsubstantiated I invite you to post a legitimate study on this conducted by a reliable source. simply copying and pasting what some conservative political pundit wrote just doesn't do it, shawn.

there is no evidence what so ever that student loans drive up tuition!
http://www.washingtonpost.com/blogs/...EX5U_blog.html

see^^ that's how you post links and articles with reliable data.

Sorry...this sounds like the Tobacco lobbyists who fund research organizations that conclude that there is no link between cancer and smoking cigarettes.

I've almost read the entire thing and still no actual retort other then "Most experts conclude there is no link between student aid and tuition going up". I guess if you keep saying it enough times...it will make it true.

All one needs is to use is observation. If you pump more money into the system...prices go up because money is soo easily available, therefore less worth. If you make higher education more easily accessible through Fed grants and guaranteed loans...universities respond by hiking up tuition. 1) because of inflation and 2) because they can. If you're gonna give them more 'students' to teach, they're gonna give you (and the students themselves later on) a higher price to pay for that service, so they can pay their professors and staff more money for teaching bigger classrooms of students.

What you're also doing is devaluing the degree itself. That articles says that "63 percent of U.S. jobs will require some form of postsecondary education". Of course they will but why is that? It's because of the Govt. A 'free" high School diploma is now almost worthless. Bachelor degrees will follow suit.

Pretty soon you're gonna have to go to school an additional 10 to 15 years...just to stand out from the rest of the crowd and get paid for a job that you could've gotten with a High School diploma... decades ago.

1_Cap over and out.

[One_Tycoon]

I don't support socialism because I don't think it would work, but isn't there socialism in a capitalist world like welfare and medicare and in societies that are supposed to be socialist, there are people that are richer and better off than others sometimes based on their importance in that society. I don't know that much about all this but it doesn't seem like there has been a true socialist society and even in capitalist societies there is some form of socialist behavior going on. To me it seems like they are just terms or ideas that don't work without some form of the other present.

It's ok if someone tells me I don't know what I'm talking about, they would be right.

No...you are right on teh button.

The Private Sector of a Capitalist economic system is like a Horse who's back the Government/Pubic Sector rides off of. They know they need that engine. But if you're ride it hard enough...you're gonna take the horses legs out from under him. This is what we call a 'Mixed Economy' which many 'Capitalist' countries have. The presumption is that there is a steady balance of the two, except one part (Socialism) of the mix is getting bigger than the other.

[Canelo Phresh]

What you have to bear in mind is that the tax burden in the UK and Canada is the same as in the US, but you actually get something back for your money.

Never thought the healthcare side of canada/uk was bad at all. In fact I wish we quit spending all of our money on militarism and spend more on healthcare for those that cant get it.

[One_Tycoon]

lol Bill Gates Minority Scholarship? Where was that when I was in HS? Their scholarship fund (Achievers' Scholarship) provided higher education for dozens of students from my school. 25% of them were white.


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If the last sentence true...then maybe it's because the whites were simply smarter? Surely, Bill Gates is not a racist.

This is what loans are supposed to be about. In Banking and higher education. Ideally, a bank is supposed to only loan out to people they can rely on paying back that loan with interest.

Similarly in a free market, someone giving out a loan to a young person will have to be confident that person will be able to pay it back because they're smart and reliable. Not some pot smoking, whiny Anti-Capitalist Occupy Wall streeter.

Unfortunately....when everything is guaranteed from Govt (banking and education) these Crony-industries profit while not worrying at all about losses. Because the good ol' govt. will be there to save the day if too much is given out, and not enough has been paid back.