Want an Example of What Socialism Is Today?

The post was not about giving Obama credit. The post merely responded to the claim that Obama was a bigger princess than Reagan when it came to spending money.

Reagan was a massive princess with a credit card compared to Obama. It is not so much that Obama did not want to spend more... the problem was that he walked into a 1.4 Trillion dollar deficit racked up by Bush Jr.

 

Yes socialism grows with the younger generation who can not understand it and are now used to getting participation trophy's.

Btw we already tried complete socialism in this country and failed miserable...




Four hundred years ago today 105 men and boys disembarked from three ships and established the first permanent English settlement in North America. They built a fort along what they called the James River, in honor of their king.

The land was lush and fertile, yet within three years most of the colonists died during what came to be known as “the starving time.” Only the establishment of private property saved the Jamestown colony.

What went wrong? There were the usual hardships of pioneers far from home, such as unfamiliar diseases. There were mixed relations with the Indians already living in Virginia. Sometimes the Indians and settlers traded, other times armed conflicts broke out. But according to a governor of the colony, George Percy, most of the colonists died of famine, despite the “good and fruitful” soil, the abundant deer and turkey, and the “strawberries, raspberries and fruits unknown” growing wild.

The problem was the lack of private property. As Tom Bethell writes in his book The Noblest Triumph: Property and Prosperity through the Ages, “The colonists were indolent because most of them were indentured servants, expected to toil for seven years and contribute the fruits of their labor to the common store.”

Understandably, men who don’t benefit from their hard work tend not to work very hard.

 

I think you forgot a few examples.

 

Why do you ignore Reagan had to deal with and compromise with Tipper O'Neil?



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Funny China is number one on your list, so you going to tell us with a straight face that China didn't start to embrace capitalism? And that's the reason for it's newfound success..


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Spare me ... The Reagan admin spent like a princess with a credit cards and implemented policies which started our decline into the economic abyss.

 

Greece was not devastated by capitalism, but by socialism. Your original premise is a lie.

The article actually tells of horrific failure of the project:

1. It began by stealing equipment for free. No company can start up for free by stealing the property, getting the buildings built for free and all equipment for free - so this has no real application. It is arguing that a mob stealing property is a valid form of business.

2. The company had 350 employees. Under the "employee cooperative" "with no boss," it has 26. That is a 91% reduction in employees. Who calls THAT a success?

3. Because of 1 complaint, the business dropped its major line of products and now just sells quaint bars of soap, requiring few employees.

Nothing in the article even hints that the operation is profitable or sustainable.

 

Lmfao, Reagan destroyed the Soviet Union and his policies carried over to bush SR and the Bill Clinton years .


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Quit pretending fairy tales are real. No one who has the faintest clue about the history of the USSR or economic history in general believes this.

How did Reagan destroy the Soviet Union ?

You are correct that the Reagan economic disaster carried over to Bush Sr and Clinton. Further, it continues on through Bush Jr, Obama and continues to this day.

 

The owners abandoned the factory, cut their loses and ran for the hills leaving 350 workers unemployed. 26 of these workers decided to recycle the factory just like we recycle trash. All across the US today there are millions of abandoned homes and business left vacant because of bank foreclosures. Many of them are in perfectly good condition but nobody is buying them because of location. Meanwhile we also have a homeless problem in the US. It is not at all uncommon for the homeless to move into these vacated structures. But in those cases it's the banks that own those empty properties. The banks don't want to spend any money fixing them up, the banks just want to sell the land to a developer to tear those building down and replace it with something new and more expensive. That doesn't make much sense if those properties of current lesser values already failed, nor does it grant any relief to the people who are already struggling in the area.

Now I know the cold-hearted Capitalist argument, "Just push the poor out, and the rich will move in. Or build a nicer office building for more workers to commute." This is exactly what they've done in Washington DC several times, and as a result crime and traffic has increased. Because you cannot "push the poor out" if the poor don't have anywhere to go. It would be far better to turn those properties over to government housing to get the homeless off the streets, set up kitchens, clinics, and substance abuse programs. Of course there will still be people that wish to use it as a sanctuary city for criminal activity, but that can be address with an additional penalty of minimum mandatory five year prison sentences for anyone that commits a felony on the property along with permanent banishment from the property after their release. Anyone violating the banishment order will suffer a minimum mandatory ten year prison sentence, regardless of if they broke a law again, just for trespassing.

 

This is how China made a come-back. But happened in China also had a lot to do with timing and would not be a working universal model for everyone. The US certainly cannot do what China did.

 

Almost 2/3 of that deficit "he walked into" was the bailout Obama signed.

 

The Greeks don't pay their taxes because the taxes that are collected are stolen.

 

Decent article but he ignored 2 or 3 other major factors.

1. Slave wages.
2. Currency manipulation
3. No environmental hurdles for factories

 

No, no, retirement age is 10 years old in Greece. Keep the fantasies going about that country. Dodging taxes is an art form in Greece, much like rich Americans. And, they spend too much on their military. Much like America.

 

Geez where are you getting those numbers? Obama took a 10.6 trillion deficit and he nearly doubled it to 20 trillion. Doesn't sound like a decrease to me.
20 trillion = $20,000,000,000,000.

http://www.washingtontimes.com/news/2015/nov/1/obama-presidency-to-end-with-20-trillion-national-/

 

In Russia, Yeltsin gave the factories away creating oligarch.
The "new owners" sold the machinery and once working factories are now empty shells.
And people wonder why there is so much unemployment in Russia.
Bravo Workers of Greece. They probably knew of the Russia experience.




Moi
Sustained Greek fisheries got over fished
courtesy of the E.U. & German factory ships.

r > g

Make Pay Its' Fair Share!



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Not since 2011

 

And that means what?


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If you abandon something then it's no longer yours, anyone can lay claim to it. However, if you owe a debt to someone and have not paid they can legally seize any assets in your name.

 

Once again they didn't abandon it, they had a court order to take their property back and where in the link does it say they owe debt to the workers?

 

Its in the video. The company no longer owns those factories, they foreclosed. So if anything, the a bank owns those factories and everything in them. However the company not only stiffed the bank but also to employees. So just as the bank has the authority to seize all assets to collect a debt so too do the employees have that very same legal right. The main difference being that the employees are keeping the factory in operation. All I bank can do with it would be to hope to find another buyer to liquidate everything. The bank can still hold claim to their debt owed by the company without seizing the company assets and trying to sell them. And it looks like that's exactly what is happening because the bank has filed no legal action to remove the employees and the default company no longer has any legal leg to stand on.

 

No, they went into foreclosure, so the bank actually owns it.

 

Didn't say that in the article. I didn't do any further research.

That doesn't change the fact that it wasn't these thieves that owned it.

 

I am not watching a propaganda video, give a link.



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