5 Most Horrifying Things Corporations Are Taking Over

The onion bit was a joke you know? :P and Clinton pisses me off as much as others cause he repealed the Glass-Steagall Act -_- pretty important act that was created in the Great Depression to help keep Wall Street from causing the problems it did :\ freaking wall street lobbyists who later became involved in Government directly pushed him to do so.

And that video was entertaining, but it didn't really provide good arguments for either side nor did it accurately represent eithers mindsets and beliefs. It had some of their general ideas, but some of it was wrong. Like Keynesian didn't think government should ALWAYS be involved (they made it seem so) but only during a recession should they come in. And not to bail out those who fucked up, but to create public work jobs to help give people spending money because, yes, spending is what helps keeps the economy going. Pretty basic there :\ so ya. Also still not a fan of hip-hop :P
 
First off...

freaking wall street lobbyists who later became involved in Government directly pushed him to do so.
Click to expand...

And?

To put this in terms just about every mother on the face of the planet has used at least once, if your lobbyists urged you to jump off a bridge, would you?

The responsibility remains with the politician when he fucks something up in favor of a special interest group.

And I think you missed a lot of what was said in the video, but it's okay if you don't like hip-hop.

Anyhoo.

Ultimately, it's probably the case that nobody has it completely right in economics. Keynesian-style deficit spending can ease the sting of a recession, but centralized planning can often lead to inefficient outcomes and a slower recovery. The Austrian school's stance on minimal regulation may induce more investment, but runs risks of malfeasance on the part of the market. The monetarist position that inflation is dictated largely by money supply, and that quantitative easing can easily just lead to stagflation rather than actual growth has some merit.

I could go on.

Ultimately, the economy is enormously complex, and the fundamental problem with an over-reliance on Keynesian theory is that the Keynesian position is that the economy can be manipulated and controlled by a handful of relatively simple levers. Which leads to all kinds of hubris on the part of government, and there is one other flaw in the Keynesian model that is particularly pertinent to us today.

It has no provision for what to do when you're already deep in the shit.
 
I forgot about this :P and I do blame our politicians. A lot. I hate every single bought one. But you can't ignore the source of the money just as you can't ignore the person willingly being bought off.

And true, the economy is freaking complex thing. But one is a bit more right depending on the times. Like during a recession/depression Keynesian can help the people greatly, but doesn't necessarily work all the time. I'd say it shouldn't be the sole method to fix things, but the people who disregard it ENTIRELY are idiots themselves. The ones that have shown to do good at least at points in the past should be acknowledged and considered. But the ones whihc have shown to be terrible (hello Reaganomics) should be disregarded most of the time. There's a chance Reaganomics could work, just as there's a chance communism or pure Capitalism could work, but in reality? Nope. I mean, look at the last 20+ years. Every time Reaganomics has been instituted our economy gets worse :| I do know it's not necessarily only that policy's fault, but it's really not helped once in the past. At least, the majority of the people. It has helped the upper 1-10% or whatnot.


Also, see? This is why I really hate the big businessmen atm a bit more so than the politicians. While the politicians are failing, it's these guys who actively do stuff knowingly harming others. Not regulating their own plants well enough (which is why we do need the government organizations like the EPA). So much hate for these douchebags -_- imo, every single business leader who actively steals from the people (Enron leaders), do harm to others for their own profit (Koch), or get outta taxes and even rig it through the politicians to get more money (GE and Koch Industries and Bank of America and others) as well as the politicians who were bought off should be rounded up and straight up publicly executed for treason. Their acts are ACTIVELY harming our nation. And they know it. Last I checked, that is a form of treason. And treason has generally been met with at least exile (with all their possessions taken by the people) or execution. I'd be fine with either tbh.

www.kochbrothersexposed.com


Edit: whooo...

http://www.nytimes.com/2011/10/16/o...e-like-buffett.html?_r=1&src=tp&smid=fb-share
 
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If they restricted their proposed amendment to the last sentence in it that they wrote, then went on to expound a system in which that sort of limitation would actually function within a representative democracy, they might be considered as something other than pipe-dreaming hippie-wannabes.

And I forgot about this too, lol.

Anyhoo.

On Reaganomics: In fact, the economy improved on almost every variable under Reagan. So Reaganomics apparently actually worked, though most Keynesians have their own explanations for that. The problem with economics, as I've said repeatedly in the past, is that it's an enormously complicated system, which makes gathering accurate, quantifiable data difficult, and interpretation of that data highly debatable.

Traditional Keynesian economics fails to account for stagflation, in which there is persistent high unemployment and persistent inflation. Sound... at all familiar, maybe? Like, maybe, something roughly along the lines of what we're experiencing right now?

Not enough time to address the rest at the moment, hopefully I'll remember later.
 
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Reagonomics also caused the recession/depression we're in now :\ well that and a lot of other policies removing regulations and letting so many play with ridiculous things.

For example, the world's TOTAL wealth, as in there can be nothing more, is 231 trillion dollars or so. Yet, currently we let the financial market gamble with 600 trillion dollars worth in dividends and whatnot. How the fuck do we let them bet with more money than the world even has? -_- and, most of the time, it's with money from the people. And if they fuck up? Our freaking government is expected to help them out because they got laws passed where that money is insured by the government. Like, right now, Bank of America is playing with this where it's basically 70 trillion dollars worth of this gambling money. The FCI or whatnot is trying to say "no, you cant' do that, and we won't back it up" but the Federal Reserve basically has already let them go ahead with it -_- it's so stupid how bought parts of our government are and so stupid how these selfish greedy corporations get away with stuff that is clearly dangerous.

Bah...

And ya, I do wonder why it's only corporations, amendment should state that no private group can give someone running for politics money. And then we should make it that all campaign commercials are free for campaigners (after they are officially on the ballet). Since we DO own the airwaves and the TV companies only lease it from us, we have that right to demand such :| or we no longer lease it to them. Since commercials are the largest cost, removing that cost will make running far more feasible and people who aren't millionaires and billionaires can run.

Edit: Whee

http://www.lwv.org/AM/Template.cfm?Section=Home&CONTENTID=17281&TEMPLATE=/CM/ContentDisplay.cfm
 
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Reaganomics had nearly nothing to do with the mess we're digging our way out of currently, at least not in any sense more than any other president's take on the economy since Carter. This is a combination of failures in regulation, heavy-handed government intervention into the market in pursuit of social policies, and frankly an outbreak of outright greed on the part of the people who took out home loans they'd never be able to repay on the presumption that housing prices would continue to go up.

If you start making noises about wanting to do away with fractional reserve banking, I may just have to write you off as completely insane.
 
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