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Old 04-29-2008, 01:42 PM   #121 (permalink)
Lithose
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Originally Posted by kegkilla View Post
who is the fuck is complaining? i'm pointing out that so many people here want to cry about pro athletes making millions which they feel is unfair to people in "noble" professions like theirs, then they go and drown their tears in the music of some faggish musician who is pretending to be depressed but ironically also a multimillionaire.



heres a "noble" solution for all you chumps:


The irony of that image is thats the path our current economic trends head down, you are just too fucking stupid to see it.
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Old 04-29-2008, 01:47 PM   #122 (permalink)
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The irony of that image is thats the path our current economic trends head down, you are just too fucking stupid to see it.
stfu trotsky
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Old 04-29-2008, 01:50 PM   #123 (permalink)
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Just to clarify my comment above, I certainly wasn't insinuating that all is well in the US economy, or other market economies. I think it's pretty well established that in the past 30 years there's been a growing disparity between the top income earners and the middle/low income earners in most market economies. What's not so clear is what's causing it, how to fix it, or how long it can be sustained.

But even if we somehow magically fix the problem, that's not going to change the fact that some people are going to make far more money than they deserve if all you use to determine what they deserve is things like education, work ethic, demand for their services, value add, whatever. With any market economy there's always going to be distortions in the marketplace, and there's always going to be people who knowingly or unknowingly take advantage of those distortions. Unless they're doing something that's outright illegal, I really don't see why people hold it against them.
There is a massive difference between large difference in pay and irrational differences in wealth creation abilities. The current "scheme" is not sustainable by a capitalist system, it is "enabled" by consistent government interference in preventing the collapse and subsequent revitalization of corporate sectors.

Basically the problem is the goverment adheres to laissez-faire economics right up until the point that the free market is about to "take care of business" which means letting companies run by shitty CEO's die. When that happens, Uncle Sam is standing there with interest rates and checks to prevent it.

This sustains a market force which is not rational within the market..This perpetuates wage differences and exaggerates them beyond their typical "gap". This reduces the involvement of investors and creates an apathy towards oversight, which eventually leads to further irrationality in market value for certain kinds of labor.

However, a collapse is inevitable. What is happening now is a delay, not a solution..If it goes on too long the pendulum will swing so far in compensation that we will go back to a Socio-economic system..Which is why its absolutely hilarious that people are defending this as "good old capitlism working right."

No, this is capitalism with cancer..This is the invisible hand after its had weight attached to it..This is not capitalism.
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Old 04-29-2008, 01:56 PM   #124 (permalink)
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stfu trotsky
Read what I am writing..If you can comprehend it you will understand how fucking dumb that comparison is. Your system is full of bullshit goverment interference staged on the skeleton of a true Neo-Liberal economic frame work. The free market is not being allowed to work as it should because assholes like you don't understand that there are good times and bad times within it, so the goverment prevents the bad times, making the situation worse.

When that situation reaches a "breaking" point, your going to end up in, at best, an FDR socio-economic state, at worst, probably something more similar to communism.

You could try and change things now, with ending goverment intervention and allowing for the collapse we know is coming. Limiting goverment spending down to life support only levels and taking the few years of "hard times" that we have coming to us. That would open the way for entrepreneurship, new economic revenue and a "trimming" of our economic fat.

But no..People like you will continue on down this path while others shake their heads..So go forth, mass consumer, future follower of the new-marx/FDR that will come to "save" you when all hell breaks loose, go forth and you espouse this broken social-capitalism that you have been living in as "real" capitalism.

Last edited by Lithose : 04-29-2008 at 02:02 PM.
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Old 04-29-2008, 02:25 PM   #125 (permalink)
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oh heres something new... an internet armchair economist. listen up, adam smith... regurgitating info from your intro to macroeconomics class does not qualify you to lecture us to death with your anti bush bullshit propaganda. shut the fuck up and go back to analyzing the impact of the declining value of a gold piece on the WoW server of your choice.
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Old 04-29-2008, 02:37 PM   #126 (permalink)
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oh heres something new... an internet armchair economist. listen up, adam smith... regurgitating info from your intro to macroeconomics class does not qualify you to lecture us to death with your anti bush bullshit propaganda. shut the fuck up and go back to analyzing the impact of the declining value of a gold piece on the WoW server of your choice.
Does it hurt to be so fucking stupid?

Serious question.
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Old 04-29-2008, 02:41 PM   #127 (permalink)
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Is someone coming around claiming that Government intervention caused the Great Depression again?

Edit: Here's a hint - It didn't.
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I hear that to celebrate the 20th anniversary of R.C. Pro Am nintendo is making a dancing game / farming simulator hybrid.
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Old 04-29-2008, 02:49 PM   #128 (permalink)
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Is someone coming around claiming that Government intervention caused the Great Depression again?

Edit: Here's a hint - It didn't.
You are a god damn idiot that doesn't read posts, no where in any of my post did I liken the causes of great depression, scandalous investment scenarios and lack of goverment oversight with the current trend of goverment intervention causing a general distress on economic infrastructure.

The results will be the same, the causes will be very different, which you might have gotten if you could read.
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Old 04-29-2008, 02:56 PM   #129 (permalink)
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Well that's good, because it sounded like you were suggesting that the government shouldn't take any measures to regulate the economy which is just what it did back then.
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I hear that to celebrate the 20th anniversary of R.C. Pro Am nintendo is making a dancing game / farming simulator hybrid.
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Old 04-29-2008, 03:06 PM   #130 (permalink)
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Does it hurt to be so fucking stupid?

Serious question.
i wouldn't know... i'm not here preaching economic policy in a thread about wesley snipes on a message board about online computer games.
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Old 04-29-2008, 03:10 PM   #131 (permalink)
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You aren't, comrade?
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Old 04-29-2008, 03:21 PM   #132 (permalink)
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America has gone through half a dozen economic catastraclysims. The first being in 1812 or 1816. Each has been the direct result of banks over extending credit and over valuing assets. This one is no different.

The difference here though... is the fact the banks are being bailed out by the Fed on a massive scale.

I guess the only real question is this:

What's worse? Having no money, or having money that's not worth anything.
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