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Republicans Are Socialists


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If you really want to talk about derivatives - the fact is that the government is ill equipped to keep up with these guys who really really like to gambleRead about Long Term Capital Management - these guys leverage the hell out of small edges and if they make money they take home huge bonuses if everything goes to hell - well they'll go start a hedge fund somewhere else and leave the mess to the government to clean up because - when all hell breaks loose it's too bad for the government not to clean upit's not a liberal or a conservative issue - it's a greed issue - it's a convince people that insane investments are sound so I can get them off my books issueit's greed stupidity and irresponsibility on a huge huge level - but hell the worst thing that can happen is that the 150 year old bank that I run will go under at which time I'll be long goneI've traded derivatives for years and its always a 3-5 year lag between new products and the government or real people understanding the real risks involvedin that 5 years you get to rape and pillage and build a summer house in the hamptons - then when everyone figures it out - you invent some other piece of nonsense to rape people over withLast time I checked Michael Milken was still living quite well - I'm not even saying that he did stuff that was illegal - but ask yourself whether its good to have people doing things that are wildly risky to the country as a whole in order to enrich themselveslets see I have a 50% chance of being one of the wealthiest men on the planet and a 50% chance of causing a huge financial nightmare for millions of people that aren't mewhere's MY downside?

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Greed, assholishness, and being-ok-with-fucking-over-millions-of-people-you-don't-knowitude are impossible to avoid in a free society.
yep i guess your right - too bad when people talk about morals they are more worried about where people stick their dicks than where they stick their daggers
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I understand Socialisms practical limitations and failures. But that doesnt mean the idea is inappropriate. Just impractical. And thats really too damn bad.But I still would say that isnt real socialism. It may be a cop out, but that doesnt make it incorrect.
Kurt Vonnegut was a Socialist.
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capitalism is basically 1599-0I'm not necessarily happy about it but i'm not stupid enough not to acknowledge itThat doesn't mean that it can't be curbed to provide more desirable outcomesWhen the social costs of business doesn't impose itself on companies that's where government regulation actually makes senseThat's why we rightfully tax pollutionIt's a tricky thing though so don't attack me as someone who wants the government running everything because i'm not but there are places where unfettered capitalism is a disaster

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It's a tricky thing though so don't attack me as someone who wants the government running everything because i'm not but there are places where unfettered capitalism is a disaster
agree wholeheartedly.
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EVERY attempt in history has led to unmitigated disaster, deaths of large segments of the population, and economic catastrophe.
My view of socialism would be based on a Scandinavian model. Their people are the happiest in the world. Maybe it's a utopia??
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My view of socialism would be based on a Scandinavian model. Their people are the happiest in the world. Maybe it's a utopia??
Maybe it's Scandinavia?Thinking that a Scandinavian model of socialism would work in America is about as short-sighted and retarded as thinking an American style Democracy would work in Iraq. High principles, high ideals, zero real world viability. Sorry. Realpolitik still wins.
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My view of socialism would be based on a Scandinavian model. Their people are the happiest in the world. Maybe it's a utopia??
That's more like welfare-state-lite. And to the degree they are socialized, their economy continues to underperform the world. Some people think low growth and higher unemployment are small prices to pay for pretending the government is magic and can give things for free. I don't, and over the long run, a higher standard of living is better than warm fuzzies.
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