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originally posted by: Ahabstar
a reply to: LesMisanthrope
Examples:
EBT cards are accepted in far more places than in the past.
The Federal Reserve and fractional reserve banking practices.
Obamacare in which insurance companies had a minimum payout regardless if anyone bought a policy on the exchanges.
originally posted by: greencmp
originally posted by: Ahabstar
a reply to: LesMisanthrope
Examples:
EBT cards are accepted in far more places than in the past.
The Federal Reserve and fractional reserve banking practices.
Obamacare in which insurance companies had a minimum payout regardless if anyone bought a policy on the exchanges.
Those are socioeconomic interventionist policies which openly and unapologetically sabotage the operation of the free market.
originally posted by: mikegrouchy
What is the purpose of a financial penalty.
I suggest that it is to teach a lesson.
What are we learning, then, in these economic times?
• That the money masters have to keep us poor, or military enlistment dries up.
• That we are 1000 times more productive per person than the 20's, but can't afford to buy a house without a loan.
• That all scarcity in the modern world is by design, to keep demand high.
Poverty is proof of corruption in high places
Mike Grouchy
originally posted by: gosseyn
originally posted by: greencmp
originally posted by: Ahabstar
a reply to: LesMisanthrope
Examples:
EBT cards are accepted in far more places than in the past.
The Federal Reserve and fractional reserve banking practices.
Obamacare in which insurance companies had a minimum payout regardless if anyone bought a policy on the exchanges.
Those are socioeconomic interventionist policies which openly and unapologetically sabotage the operation of the free market.
In a free market the government is just another commodity to buy, just another asset to secure.
originally posted by: jjkenobi
Take a good look at what you think poverty is. A visit to a 3rd world country will really open your eyes. Barely any food, no clean water, dirt floors, living in shacks, no healthcare to speak of, no education.... that's poverty. Americans living in their HUD homes/apts with HDTV's and iPhones and hundreds of dollars in food stamps, free education, transportation to that education, and free breakfast/lunch at said education... it's hard to convince me that's poverty.
originally posted by: greencmp
originally posted by: gosseyn
originally posted by: greencmp
originally posted by: Ahabstar
a reply to: LesMisanthrope
Examples:
EBT cards are accepted in far more places than in the past.
The Federal Reserve and fractional reserve banking practices.
Obamacare in which insurance companies had a minimum payout regardless if anyone bought a policy on the exchanges.
Those are socioeconomic interventionist policies which openly and unapologetically sabotage the operation of the free market.
In a free market the government is just another commodity to buy, just another asset to secure.
I think we are making progress here.
Government is indeed always the most susceptible institution to corruption irrespective of economic system.
The only way to restrain its ill effects is to constrain its authority.
originally posted by: gosseyn
originally posted by: greencmp
originally posted by: gosseyn
originally posted by: greencmp
originally posted by: Ahabstar
a reply to: LesMisanthrope
Examples:
EBT cards are accepted in far more places than in the past.
The Federal Reserve and fractional reserve banking practices.
Obamacare in which insurance companies had a minimum payout regardless if anyone bought a policy on the exchanges.
Those are socioeconomic interventionist policies which openly and unapologetically sabotage the operation of the free market.
In a free market the government is just another commodity to buy, just another asset to secure.
I think we are making progress here.
Government is indeed always the most susceptible institution to corruption irrespective of economic system.
The only way to restrain its ill effects is to constrain its authority.
There is this definition of government formulated by Ibn Kaldun centuries ago : "a government is an institution which prevents injustice other than such as it commits itself". If I had to choose, I would choose a world ran by governments rather than by corporations obsessed by making profits. But my ideal world is a world ran by neither of them.
originally posted by: raypsi13
originally posted by: mobiusmale
And just how is it that people would get themselves into a financial position whereby they could elect to work, or not work?
.
Try getting a job when the Chinese put you out of business.
Or when the Saudi's crash the price of Oil and put you out of work in the oil fields.