This is good information, Subdermal.
Thanks for sharing. Here is some more information about the failed economic policies of Socialism and Communism.
The far-Left is a very tyrannical group; once they gain power, they limit liberty for everyone else who does not agree with them!
"Socialists cry "Power to the people", and raise the clenched fist as they say it. We all know what they really mean — power over people, power to the State."
-- Margaret Thatcher
Socialism is great if you are willing to accept a much reduced standard of living and an oppressive central government who is always telling you what to do and how to live your life to the benefit of the state!
Cuba, North Korea and the old Soviet Union and East Germany are four perfect examples!
Last edited by James Cessna; Feb 23 2012 at 07:18 PM.
James Cessna
"If you give a man a fish (socialism), you feed him for a day. It you teach a man to fish (capitalism), you feed him and the people he employs for a lifetime."
Last edited by James Cessna; Feb 25 2012 at 08:40 AM.
James Cessna
"If you give a man a fish (socialism), you feed him for a day. It you teach a man to fish (capitalism), you feed him and the people he employs for a lifetime."
When Obama took office, the economy was tanking at a -9% real rate, losing 700,000+ jobs a month, unemployment was skyrocketing upward, and the stock markets were crashing in the worst recession in 80 years. The housing market was destroyed and we were headed straight for a depression.
But now the economy has been growing steadily for more than two years, the private sector has created jobs every month for more almost two years, stock markets are up almost 100% from their recession lows, and the unemployment rate has fallen from above 10% to 8.3%, and about 3.6 million private sector jobs have been added since Jan 2010.
That was tough.
I'm glad you asked.
Economic theory of Communism: "From each according to his ability; to each according to his need."
"Socialism is the idea that the working class, the class that produces the profits, the wealth, the cars, houses, planes, steel, should take over and run private businesses and corporations collectively, democratically, for the benefit of the majority who also "just happen" to be workers, of course!
Under pure socialism, the organized labor unions would take over the role of the senior managers and the Board of Directiors and appoint their own senior managers and members to the Board of Directiors. Company profits wouls not be distributed to the common stockholders, but instrad to the workers of the company.
And what if the company under new union management makes bad business decisions and goes broke? No problem, just have the federal government (actually, us -- the U.S. taxpayers) bail them out, like Barack Obama did with Solyndra!
Communism is the idea that society should not have classes - exploiters and exploited, oppressors and oppressed, and so on."
• Socialism generally refers to an economic system, while communism refers to both an economic and political system.
• Socialism seeks to manage the economy through deliberate and collective social control.
• Communism seeks to manage both the economy and the society by ensuring that property is owned collectively, and that control over the distribution of property is centralized in order to achieve both classlessness and statelessness.
• Both socialism and communism are based on the principle that the goods and services produced in an economy should be owned publicly, and controlled and planned by a centralized organization.
• Socialism says that the distribution should take place according to the amount of an individual's production efforts, whilst communism asserts that that goods and services should be distributed among the populace according to individuals' needs.
"From each according to his ability; to each according to his need."
http://wiki.answers.com/Q/What_is_th...#ixzz1nW55GZGd
Last edited by James Cessna; Feb 26 2012 at 10:23 AM.
James Cessna
"If you give a man a fish (socialism), you feed him for a day. It you teach a man to fish (capitalism), you feed him and the people he employs for a lifetime."
True!
By the way, these discussions about Obama's policies very good.
The economic recovery policies of Barack Obama are simply not working.
More young adults are unemployed today than when Barack Obama became president in 2009. And what does Obama propose to do about this problem?
He wants to (1) increase federal income taxes on the small business owners who provide most of the jobs for these young people, and (2) he wants to increase new federal regulations on small business owners that would each cost the U.S. economy more than $1 billion annually.
Is Barack Obama completely devoid of any knowledge or common sense on the subject of economics? It is a well know fact you don't raise taxes and increase the number of government regulations during an anemic economic recovery like we have now!
"Since 2010, the share of young adults ages 18 to 24 currently employed (54%) has been its lowest since the government began collecting these data in 1948."
"Today’s young adults have it harder than their parents did. Large majorities of the public say it’s harder for young adults to reach many of the basic financial goals their parents may have taken for granted. More than eight-in-ten (82%) say finding a job is harder for young adults today than it was for their parents’ generation."
James Cessna
"If you give a man a fish (socialism), you feed him for a day. It you teach a man to fish (capitalism), you feed him and the people he employs for a lifetime."
Last edited by James Cessna; Feb 26 2012 at 02:43 PM.
James Cessna
"If you give a man a fish (socialism), you feed him for a day. It you teach a man to fish (capitalism), you feed him and the people he employs for a lifetime."
James Cessna
"If you give a man a fish (socialism), you feed him for a day. It you teach a man to fish (capitalism), you feed him and the people he employs for a lifetime."
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