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View Poll Results: Do you support Socialism?
Yes 36 55.38%
No 29 44.62%
Voters: 65. You may not vote on this poll

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#151
Old 11-13-2012, 02:51 AM
Sin City
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Quote:
Originally Posted by !! Shawn View Post
Well, since you do not understand, I will take the time to explain it to you.

It is the same basic tenant as inflation but in an isolated form.

In this example we are going to treat university system as an independent country.

First it is essential that you understand that increasing the available monetary supply within an economy invariably leads to inflation and increase in prices within that economy.

In severe instances, like in Zimbabwe, when the money supply is increased at an absurd rate, so do the prices of every day goods and services.

Now in our example the schools are our country. For this example we will call it Schoolsville.

Now in the past, Schoolsvilles monetary supply was tightly controlled, the prices of goods and services (tuition) within Schoolsville was rather constant.

One day, the Federal Bank of Schoolsville decided to print a large quantity of money (student loans), as per economic theory, the price of goods an services within the economy of Schoolsville increased.

As you can see, the spiraling price of education is directly related to the increasing availability of student loans. With more money in the school system, prices will rise to the point of equilibrium.

If you need any further clarification on how the increased supply of money for education has lead to an increase in the prices of education, let me know and I will do my best to clarify.
Quote:
Originally Posted by BmoreBrawler View Post
Rwned
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Originally Posted by Reggie Miller View Post
:roflbow: @ this fool sin city giving me red k because i posted that obama video..

:smh:
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.
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#152
Old 11-13-2012, 04:42 AM
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I only support Socialism if it's profitable.
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#153
Old 11-13-2012, 07:45 AM
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Socialism is proven to be a failure.

Just look at the eurozone now and the countries which come before that.

Here's a vid clip of one of America's greatest minds MILTON FRIEDMAN. I bet very few of you know who this visionary is. Really sad.

http://www.youtube.com/watch?v=FOMI0...eature=related

In the video Milton Friedman in very SIMPLE and BASIC TERMS illustrates the evils of socialism.

It's quite frightening because the very words he uttered decades ago rings true in todays US.

Most of the populace have been indoctrinated about how "good" socialism is that they are completely unaware of its evils.

Pretty soon the US will have a rude awakening about the effects of socialism.

C - O - L - L - A - P - S - E
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#154
Old 11-13-2012, 07:50 AM
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Quote:
Originally Posted by mokmokv2 View Post
Socialism is proven to be a failure.

Just look at the eurozone now and the countries which come before that.

Here's a vid clip of one of America's greatest minds MILTON FRIEDMAN. I bet very few of you know who this visionary is. Really sad.

http://www.youtube.com/watch?v=FOMI0...eature=related

In the video Milton Friedman in very SIMPLE and BASIC TERMS illustrates the evils of socialism.

It's quite frightening because the very words he uttered decades ago rings true in todays US.

Most of the populace have been indoctrinated about how "good" socialism is that they are completely unaware of its evils.

Pretty soon the US will have a rude awakening about the effects of socialism.

C - O - L - L - A - P - S - E


And what exactly has the eurozone to do with socialism?
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#155
Old 11-13-2012, 08:00 AM
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Originally Posted by BattlingNelson View Post


And what exactly has the eurozone to do with socialism?
Did you even listen to Milton Friedman's words good sir?

The answers you seek are already given by him DECADES IN ADVANCE. It's a few minute vid clip and yet his wisdom resonates with frightening truth on todays geopolitical scene.
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#156
Old 11-13-2012, 08:16 AM
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Originally Posted by mokmokv2 View Post
Did you even listen to Milton Friedman's words good sir?

The answers you seek are already given by him DECADES IN ADVANCE. It's a few minute vid clip and yet his wisdom resonates with frightening truth on todays geopolitical scene.
Tell me what he said. I cannot watch it here.
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#157
Old 11-13-2012, 08:19 AM
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Originally Posted by BattlingNelson View Post
Tell me what he said. I cannot watch it here.
Dude with all due respect. Stop being lazy and watch the video. Otherwise let's just move on.
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#158
Old 11-13-2012, 08:21 AM
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Dude with all due respect. Stop being lazy and watch the video. Otherwise let's just move on.
You can't comprehend his words enough to type a synopsis? Lol.
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#159
Old 11-13-2012, 08:36 AM
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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.
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Old 11-13-2012, 09:07 AM
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Quote:
Originally Posted by !! Shawn
Quote:

Originally Posted by Mizzou

Pell Grants come from taxpayer money.

But things such as the Bill Gates Minority Scholarship do not come from tax payer money.
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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