| User Info
| Calling It What It Is in forum [Market-Ticker]
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Lowbeyond
Posts: 16864
Incept: 2008-02-11
CO aka West NJ/East CA
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but but but nothing they did was illegal ! 
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Maybe it was a birdy bread-bomber from the future?!
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Dazedncornfused
Posts: 310
Incept: 2010-10-13
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If I had a dollar every time capitalism was blamed for a failure of government, I'd be a fat filmmaker with a baseball cap.
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Stand up and be counted or line up and be numbered.
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Genesis
Posts: 130663
Incept: 2007-06-26
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And then you'd have a heart attack and demand that the government bail you out for being a fat ****.
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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
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Dashingdwl
Posts: 9752
Incept: 2007-06-26
los angeles
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Seen on a Herman Cain bumper sticker (in an LA kiosk no less):
"If I had a dollar for every time that capitalism was blamed for problems caused by Government, I'd be a fat filmmaker with a baseball cap."
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When you are hard and disciplined, you can be principled. People fear you because they have no leverage against you. It's the truest form of Liberty.
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Dazedncornfused
Posts: 310
Incept: 2010-10-13
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Personally, I've lost 6 inches off my waistline this year, only 3 to go. Woohoo!
I can't afford that guy's health plan.
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Stand up and be counted or line up and be numbered.
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Frat
Posts: 1934
Incept: 2009-07-15
NKY
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SO..... What BBQ sauce *does* go best with Wall Street and DC long pork?
Go long KC Masterpiece?
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We're ****ed. Where's Henry Bowman when you need him?
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Joshua_d
Posts: 163
Incept: 2010-08-26
Lenoir, NC
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Kleptocracy.
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Skip_danger
Posts: 12
Incept: 2011-06-23
Lima, Ohio
Banned
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When we all get tired of getting frigged, we'll stop playing their game. That means, 'Starve Them Out'. Stop paying taxes.
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Mindrayge
Posts: 67
Incept: 2010-09-18
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Considering that we have seen a massive transference of wealth and have a system of laws and government that enforces those in a manner of "while all animals are equal some animals are equal than others" and if you were to mask all of that with a carnival of politicians supplying never-ending distractions of bread and circuses perhaps we may find that those hunting for Communists and Marxists amongst the OWS crowd are looking in the wrong direction.
Or perhaps not. Something to think about.
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Etz
Posts: 13888
Incept: 2007-06-26
LA
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The notion of "crony" comes from corrupt public officials referring to these thieves as "very savvy businessmen".
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Legal chicanery and beneficent darkness are the banker's stoutest allies - F.Pecora.
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Illyia
Posts: 32
Incept: 2011-08-24
Cape Cod, MA
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Cannibalism... Oh, how the idea sent shivers down the Kossack's spines.
I test drove the handle, as follows, some three+ years ago, hoping for a kind of recognition of what was (now is) coming. A visceral revulsion/denial swamped my efforts. It was better to see no evil, whether it existed or not.
So I say here:
First we eat our children
Then we eat each other
Then we eat ourselves
And, tragically, that's the way it is - because we allowed it to be.
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If you dance with the devil
Then you haven't got a clue
'Cause you think you'll change the devil
But the devil changes you
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Glasshammer
Posts: 260
Incept: 2009-09-02
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Having a society that is unable to use the word "theft" is a very bad sign.
"The undoubted sign of a society well under control or in decline is that language has ceased to be a means of communication and has become instead a shield for those who master it."
-Voltaire's Bastards: The Dictatorship of Reason in the West
by: John Ralston Saul
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Widgeon
Posts: 13481
Incept: 2007-08-30
Region formerly known as the United States
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I still have the scars from work when I used the words "Lie" and "Evil."
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Flatland
Posts: 316
Incept: 2007-06-27
North Dakota
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Insulting people you don't like when they refer to an existing 'ism' they have been taught to call a certain name by propaganda serves no purpose.
I live in a Republican and proud to be conservative state. Here is what capitalism looks like here.
The new Republican governor came to office and immediatly added another 'necessary' group of governemnt workers. The employment rate jumped.
M. Bachmann came to talk to state Tea Party groups and when she mention the idea of cutting Farm Subsidies was not asked back.
The state has two military bases with most forces being of questionable value and even if valued, located poorly.
When Minot flooded, everyone threw out their conservative ideals and went to the .gov for millions in reconstruction funds and custodial care.
As a small business person I found my strongest competitor was Economic Development, a taxpayer funded business scheme endorsed by Republicans.
This is what passes as capitalism. I know the difference, but when the robbers were at work this was the 'ism' no one questioned so they used it.
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..we are all liable to the same errors, all alike the Slaves of our respective Dimensional prejudices. Edwin Abbott
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Makavic
Posts: 48
Incept: 2011-06-10
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If it was capitalism, the party acting in a negligent/criminal manner would be forced to deal with the consequences of its actions, and the market would set things straight. The system has been rigged to bypass those capitalist consequences, enabling the cannibals to do what comes naturally. It's really an apt characterization, unfortunately.
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Flappingeagle
Posts: 1224
Incept: 2011-04-14
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Joshua_D beat me to it. The "K" word is the correct word. If you can get away with stealing it, it's yours.
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Here are my predictions for everyone to see:
S&P 500 at 320, DOW at 2200, Gold $300/oz, and Corn $2/bu.
"You can't build a house of cards on a shaking table." - Tony Johns
The January 2015 AMZN put at $130 (cost $4.25) will be a winner.
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Risingcream
Posts: 4406
Incept: 2007-09-07
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Are there examples of capitalism that dont evolve into this current state?
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Civilization...ancient and wicked. --Subotai
“The distance between insanity and genius is measured only by success”
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Ozonehole
Posts: 104
Incept: 2009-04-04
Taiwan
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Americans tend to think of the term "capitalism" as describing what small town USA was like in the 19th century. You know, farmer Jones growing tomatoes on his 40 acres, then loading them into a horse-drawn wagon and bringing them into town to sell to Bill's Grocery. The good folks of Pleasantville all work hard. Parents pay a teacher to educate their kids at the one-room schoolhouse. No taxes, no welfare, no Big Government. The only real government is the Sheriff, who locks up the bad guys. If someone goes too far (theft, murder), the good folks of Pleasantville hang'em high on a Sunday afternoon, after church. All so simple and clean. But the modern-day USA is nothing like this.
Possibly the most descriptive term of the USA in its present condition would be "casino capitalism." Or maybe "corrupt crony casino capitalism."
The stock and bond markets were supposed to exist as a means of raising funds for legitimate investments. That's the way you build infrastructure. But in the past few decades, Wall Street has become one big casino, constantly inventing new games, all of which are pointless and create no real infrastructure. But unlike a legitimate Las Vegas casino, Wall Street plays with loaded dice and marked cards. And when the Wall Street casino goes bust anyway, they come to the Big Government for bailouts. That's where the "corrupt crony" part comes in handy - you can't get bailouts unless you buy the politicians first. The corrupt politicians also come in handy when you need muscle (police) to break heads, like when your cheated casino customers protest how they were fleeced.
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Steelhead23
Posts: 2037
Incept: 2008-09-09
Portland OR
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http://www.counterpunch.org/2011/11/07/h....This may amuse you. Although I admit to some confirmation bias in this regard, the argument that globalism, unleashed by the collapse or communism and an unwillingness to adjust consumption to personal and national production is a primary cause of the crash, makes some sense. The thievery was icing on the cake. What continues to blow me away is the willingness of retail and institutional investors to stay in this rigged game. Look, I am so angry about the thievery and the facilitation of thievery by government that I wish to destroy Wall Street, not occupy it. Close your brokerage accounts. Stop trading. Cash out. Let Goldman, JPM, BAC, etc., engage in an HFT circle-jerk and die in a sea of bot jizz. By playing the game, we too are facilitating the thieves.
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"Give me control of a nation's money and I care not who makes it's laws" —Mayer Amschel Bauer Rothschild Benjamin Bernanke
For-profit commercial banks are a menace and should be eradicated
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Winstonsmith2009
Posts: 1060
Incept: 2009-08-05
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"Crony capitalism is a term describing a capitalist economy in which success in business depends on close relationships between business people and government officials." Crony capitalism enabled the fraud, turned a blind eye to it while it took place, and then allowed it to remain unpunished once discovered. Government sold to the highest bidder while dweebs with the attention span of the dog in the movie "Up!" ("Look, over there, a squirrel!" "Squirrel!!??) are forever fooled by the BS left vs right game while assh***s in $2000 suits laugh all the way to their "too big to fail" banks. And on those student loans: http://www.macroresilience.com/wp-conten....Exactly. Reason: Added student loan cartoon link
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Slartibartfast
Posts: 2681
Incept: 2007-12-04
San Francisco
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Quote:Are there examples of capitalism that dont evolve into this current state?
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Cthulhu R'yleh Goldman Sachs
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Miljardo32
Posts: 98
Incept: 2008-11-05
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Wouldn't the correct term for the current state of society we find ourselves in be inverted totalitarianism? It's a sort of fascism, but without the dictatorial authoritarian rule... (Arguments could be made for both positions)
Kleptocracy is descriptive, but not actually definitive; it suggests a small scale theft and doesn't make clear the inability of the electorate to change the direction of public policy.
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Lumpeninvestor
Posts: 2339
Incept: 2007-10-16
98072, USSA
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I need a good term for the statement "... but we don't have Capitalism now, we have _____". Cannibalism is a apt description, but is awkward in that statement. Kleptocracy is a bit better, but as noted above it does not quite cover the scope of it all. Crony-capitalism was my go-to term, and I think it still fits best. Perhaps "Economic Cannibalism"?
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Distributing insolvency only destroys the last remaining islands of solvency in a bankrupt world. - Charles Hugh Smith 8/23/2012
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Flappingeagle
Posts: 1224
Incept: 2011-04-14
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Steelhead23 said: Quote:Close your brokerage accounts. Stop trading. Cash out. Let Goldman, JPM, BAC, etc., engage in an HFT circle-jerk and die in a sea of bot jizz. By playing the game, we too are facilitating the thieves. PREACH ON BROTHER! I'm*****ed off that I have a 403 and 401 that I can't pull out of that crap. I do not want ANY financial product at all. **** THEM.Once again for the win: Quote: Let Goldman, JPM, BAC, etc., engage in an HFT circle-jerk and die in a sea of bot jizz. P.S. I've got to add this one. I hope this guy puts 100% of his worth into bank stocks. Quote:Dick Bove, bank analyst and Vice President of Equity Research at Rochdale Securities, says bagain-priced U.S. banks are through the crisis and will lead the market forward. [url http://www.moneynews.com/StreetTalk/Bove....]
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Here are my predictions for everyone to see:
S&P 500 at 320, DOW at 2200, Gold $300/oz, and Corn $2/bu.
"You can't build a house of cards on a shaking table." - Tony Johns
The January 2015 AMZN put at $130 (cost $4.25) will be a winner.
Reason: added comment and reference
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