US Politics : Biden 100 days edition

[Unhappy438]

I really don't understand why Dem supporters like you think capitalists don't support arresting or charging rich people if an actual crime is committed? This is not a foundational belief of capitalists.

Of course, we recognize that big business has its fair share of criminals and the like.

Ummm maybe because those who label themselves Capitalists don't ever actually do anything to make it happen?

Im 100% for Capitalism fyi. However the system we see today is not Capitalism, that's what you guys don't get. Its a system that a bunch of ultra wealthy have rigged to become a very perverted form of capitalism.

The fact that a lot of you don't grasp this and just parrot their propaganda/talking points just keeps these rich committing crimes from ever seeing a jail cell.

No doubt, but I am not the one defending a system that requires the government to intervene in the economy. In my world, there wouldn't have been the subprime crisis because there would never have been a federally backed system to provide discounted homeloans to people who cannot afford them. Then we can go into the reason why shares and other assets are so highly valued, which again, is because of the government system that you are willing to die on a hill on.

Intervene because the whole free market police clearly isnt working, anyway you are quite ok with government intervention on your own terms. Ive seen enough of your posts to know as much.

 

[greg0205]

With a terrorists name like that, he probably deserves it

Weird that the guy from Cairo was the only one to go to jail, don'tcha think?

 

[buka001]

I don't get your point?

Companies that make bad decisions should go bankrupt.

This is capitalism working as it should, so what's the problem?

I initially said private companies are better at assessing risk than government, which remains true. And also its their own money not mine so who cares.

So they ignored them and faced the consequences no?

That is the market working isn't it. You know unlike the government system where the consequences for all the risks is zero as they will get bailed out by taxpayers held at gunpoint.

So it is a fallacious argument to say that a private company is better, because they understand the risks? When it is clear that many fail to do so.

 

[rietrot]

So it is a fallacious argument to say that a private company is better, because they understand the risks? When it is clear that many fail to do so.

What kind of nonsense argument is this. Lol

 

[The_Right_Honourable_Brit]

Here's a complete list of all of the US capitalists who went to jail for causing the 2008 crisis:

1. Kareem Serageldin






















That's it.

Who was the party in control of the government judicial apparatus between 2008 and 2016 again?

 

[C4Cat]

Im 100% for Capitalism fyi. However the system we see today is not Capitalism, that's what you guys don't get. Its a system that a bunch of ultra wealthy have rigged to become a very perverted form of capitalism.

It is capitalism, imo, and what we see today is the inevitable consequence of capitalism.
In what way is the system we see today not capitalism?

 

[C4Cat]

Who was the party in control of the government judicial apparatus between 2008 and 2016 again?

Like that makes a difference

 

[cerebus]

Who was the party in control of the government judicial apparatus between 2008 and 2016 again?

Are you implying that Republicans care more about prosecuting white-collar crime than Democrats? Because LOL

 

[C4Cat]

I really don't understand why Dem supporters like you think capitalists don't support arresting or charging rich people if an actual crime is committed? This is not a foundational belief of capitalists.

Of course, we recognize that big business has its fair share of criminals and the like.

Rich people have influence and power over politicians and the judiciary. It even scales - middle class people can get away with petty crimes that poor people would not get away with. You have to be blind to not see that.

Maybe you are right that Capitalists support arresting and charging rich people - but rich people don't support arresting or charging rich people. Rich people can also afford lawyers over extended periods of time, that the rest of us can't afford. That immediately gives them an advantage when it comes to committing crime

 

[greg0205]

Who was the party in control of the government judicial apparatus between 2008 and 2016 again?

Dems.

Now do 2020, and you know, for no reason I can think of, I've decided to post a picture of Richard Burr

And Kelly Loeffler

And David Perdue

 

[The_Right_Honourable_Brit]

Are you implying that Republicans care more about prosecuting white-collar crime than Democrats? Because LOL

No, what I'm implying is that regardless of which party is in power, rich people will get a free ride in the judicial system. It's immaterial to the rich who is in power, despite the Dems' reputation as the party of "the little guy".

 

[The_Right_Honourable_Brit]

Ummm maybe because those who label themselves Capitalists don't ever actually do anything to make it happen?

Im 100% for Capitalism fyi. However the system we see today is not Capitalism, that's what you guys don't get. Its a system that a bunch of ultra wealthy have rigged to become a very perverted form of capitalism.

The fact that a lot of you don't grasp this and just parrot their propaganda/talking points just keeps these rich committing crimes from ever seeing a jail cell.



Intervene because the whole free market police clearly isnt working, anyway you are quite ok with government intervention on your own terms. Ive seen enough of your posts to know as much.

Another intervention here: no capitalist believes in "zero" government intervention - it's minimal government intervention.

 

[cerebus]

No, what I'm implying is that regardless of which party is in power, rich people will get a free ride in the judicial system.

I really don't understand why Dem supporters like you think capitalists don't support arresting or charging rich people if an actual crime is committed?

 

[C4Cat]

Another intervention here: no capitalist believes in "zero" government intervention - it's minimal government intervention.

The amount of government intervention is not a feature of capitalism and capitalists can have varied opinions around this. Both "zero" government intervention and "minimal" government intervention are versions of libertarian capitalism (aka right-wing libertarianism). For capitalism to work though, government does have a responsibility to protect private property and guarantee certain rights to citizens, including the freedom of each individual to choose their job. Some countries have minimum wage laws and some have competition laws and anti-monopoly laws. Many have regulation laws to uphold and maintain standards in industry. Many prohibit some trade outright. These are all still forms of capitalism.

 

[tetrasect]

https://twitter.com/i/web/status/1405865381265297411

 

[The_Right_Honourable_Brit]

Free-ride was perhaps bad terminology...more like easy-ride. That comment was made in terms of what actually happens (i.e. the reality) in the judicial system -- it doesn't mean "we" (capitalists) don't support the arrest and conviction of white-collar criminals. It was merely an observation.

The amount of government intervention is not a feature of capitalism and capitalists can have varied opinions around this. Both "zero" government intervention and "minimal" government intervention are versions of libertarian capitalism (aka right-wing libertarianism). For capitalism to work though, government does have a responsibility to protect private property and guarantee certain rights to citizens, including the freedom of each individual to choose their job. Some countries have minimum wage laws and some have competition laws and anti-monopoly laws. Many have regulation laws to uphold and maintain standards in industry. Many prohibit some trade outright. These are all still forms of capitalism.

Yes, that is what I'd include what "minimal" intervention (this is lots of other things on top of this, like "defence of the realm" and providing public goods like street lights, roads, parks etc). Protecting property rights is fundamental to increasing the living standard of all people

 

[AlmightyBender]

You have to be blind to not see that.

This is a diagnosis that is more accurate than you intended it to be.

 

[Hamish McPanji]

Was going to do the same. Didn't even have to scroll far

 

[Unhappy438]

It is capitalism, imo, and what we see today is the inevitable consequence of capitalism.
In what way is the system we see today not capitalism?

Capitalism was fair and equal opportunity. In other words, a person from absolute poverty should be able to get to the top. Prior a single income could support a family.

I think these are all reasonable expectations of capitalism.

The ultra wealthy are rigging the system so that they cant do that now though. Then we get the likes of Konfab and Chris with the surprised Pikachu face when the common folk want to burn it all down.

 

[cerebus]

I thought the McCloskeys did nothing wrong?

St. Louis Couple Agree to Plea Deal for Waving Guns at Protesters

Mark and Patricia McCloskey, charged with felonies, plead guilty to misdemeanors.

slate.com

The St. Louis couple that shot to national prominence for waving guns at protesters outside their house last summer agreed to a plea deal Thursday that will allow them to avoid jail time. Instead of facing felony charges in court, Mark and Patricia McCloskey pleaded guilty to a pair of misdemeanors and will pay a small fine. Mark McCloskey pleaded guilty to misdemeanor fourth-degree assault; Patricia McCloskey pleaded guilty to misdemeanor harassment. The couple, both in their early sixties, had faced felony firearm charges for their display last year that ricocheted around the internet, drawing the attention of Republican politicians climbed over one another pledging to absolve the pair of personal injury attorneys.

As part of the plea deal, the McCloskeys must forfeit the AR-15 and semiautomatic handgun brandished that day, but their guilty pleas won’t affect their ability to own guns, nor will it hinder their law practice.