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Quote:

Originally Posted by kendo65 (Post 432727)

You people like to throw that 'Socialist' label around a lot. It seems to be a blanket term of abuse for anything you don't particularly like, because it doesn't have much to do with any definition of socialism that I've read.

If you described Ireland (and specifically the Fianna Fail government and their policies) as socialist most people would find it hard to stop laughing. The Irish screwup was caused by the banks having to be bailed out and rescued by the (boo hiss! BAD!!!) government/state after fueling a housing boom that subsequently crashed.

Similar situation in Spain afaik.

And to describe the US Democrats as socialist is such a joke ...it really is.

The banks caused the mess in the US too, and if they hadn't had the big bad state to bail them out you people would be in a much worse situation than you already are.

You blame the banks. I blame the borrower. There seems to be no personal responsibility anymore. This is the bigger joke. The democrats purposely worked the banking system ala GSE fannie mae/freddie mac to gain votes from the middle and lower classes. Everyone with half a brain knows this. The republicans are to blame in that they allowed it to continue. It is a socialist agenda when it comes to housing in usa. Exhibit A, the deduction of mortgage interest on the tax return. But ultimately, it is because the sub-prime borrowers welched on their obligations. It was all about the democrats selling the so called american dream of owning a home to their constituency. If you go on youtube, there is a good video somewhere pre-crisis of republicans trying to stop it, and barney frank throwing his power around to stop him. Barney Frank has since admitted it didn't work out as the thought. Really, the man should be in jail along with a lot of other people on both sides.

edit:
I should add, "the state" didn't bailout the banks in usa. the taxpayer did. Most people don't even pay income tax here. So, ultimately, it was wealth transfer scheme from the taxpayers to the deadbeats and massive collateral damage economically as side effect.

everything is a distraction from the truth as this thread

Quote:

Originally Posted by MadBlaster (Post 432784)

the banks are borrowers as well.

lending money to people who are desperate for money but have no means to pay it back is not the hallmark of responsibility.

anyway, thought you were done with this thread? or do you want that chat now to work out why you have so much hate in your soul?

Is it a coincidence that a discussion about climate change turns into a discussion about Marxism ? I think not ..

Quote:

Originally Posted by MD_Titus (Post 432802)

As taxpayer for many years and someone who paid off his mortgage only to see his house fall in value the last few years due to the deadbeat socialist, maybe you understand where I'm coming from. This government finances its activities two ways. Taxes and debt. There is no getting around that. Most would rather spend like crazy, not pay taxes and pass the bill to future generations until the value of the dollar goes to hyperinflation and economic collapse. It is despicable and reason why the socialist/communist should be persecuted at every level.;)

Quote:

Originally Posted by MadBlaster (Post 432809)

i see. house valuation, like any investment, can go down as well as up. surely you read that bit of small print? and every government operates on tax and debt.

perhaps a socialist ran off with your mother or high school sweetheart? could this be the root cause of your hatred? we need further sessions though. open your heart.

Quote:

Originally Posted by MD_Titus (Post 432752)

again though, that's not marxism in it's true form - it's perverted and used to give the same old style of inequality a nice bit of window dressing. basically, like religion, it's a nice ideology until the people in charge start to use it for their own ends.

when has an unfettered free market economy not led to a collapse of financial institutions which has severely impacted the lower tiers of society? when has it led to a level of economic equality that doesn't see large numbers disenfranchised, disillusioned and destitute? how far are you from a financial calamity - 6 months sick with something that renders you unable to work and isn't covered by health insurance? a natural disaster? a downturn in the market for your products?

So do you advocate marxism or not?

Quote:

Originally Posted by MD_Titus (Post 432814)

i see.

Lies. But I already knew that. The wizard confirmed it to me yesterday.;)

Quote:

Originally Posted by jimson8 (Post 432816)

So do you advocate marxism or not?

under ideal conditions yes. but considering those ideal conditions require a completely different mindset and a huge shift in motivational factors for the entire human race - it's not going to happen.

so no.

but there has to be an alternative to the current system, because it sure ain't working.