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Originally posted by poet1b
reply to post by civilchallenger
is amazing how completely hoodwinked you are about China's economy.
No, China does not heavily regulate their industry, they have no labor laws, no environmental laws. China's communist style of capitalism is the closest thing to a free market that exists, except there in no freedom at all when the policies are put into place.
The most free-market place is Hong Kong.
You just keep drinking that free market cool aid, and see what it gets you.
Originally posted by kellynap43
reply to post by hawkiye
lol. This is laughable. China and Russian military combined is dwarfed in comparison to United States spending and technology. My opinion, bring it on!.
Proof that China and Russia have no chance against a dominant and powerful US military.
www.rickety.us...
The current oligarchy banking system of the U.S. is a result of three decades of efforts to create a free market economy. It is a good example of how we have moved closer to communism.
I am at a loss as to how you can say this was done while trying to create a free market. It makes no sense. Communism and free markets are diametrically opposed.
The current banking system was created in 1913 with the federal reserve act and thus ending the free market in banking and granting a monopoly to the federal Reserve banking cartel on our money system.
You seem to be suffering from the Marxists propaganda that the free market is the cause when it is the exact opposite. Modern Marxist's point to current politically connected corporations who have been given free reign by thier political cronies (who look the other way when they harm people) to have a monopoly on their market because free and fair competition has been regulated out of business by these politicians and call that free market capitalism when it is anything but.
That is the con, [speaking of communism vs free market] to make you believe they are opposed, when in tact they are the same, in the all ways I have pointed out earlier, and more.
First of all, the fed res act was pushed by the very people who are the idealistic predecessors to those who currently preach free market economics. The fed res was actually created to stabilize the money supply, because the local controlled banks were to easy to control.
Those advocating free markets wanted a fed res so they could do nationally what they were doing so well locally. Notice how Gingriches repeal of Glass-Steagal has lead to a centralization of the banks.
Close, the first part you got right. What you don't see is that without federal regulations, it is the corporations who eliminate competition, through their wealth and power, and higher level of control over local politicians.
Adolf Hitler was convinced that Nazi Germany was a "have not" power. He adopted the popular idea of Lebensraum (living space) as a justification for German territorial expansion and the seizure of new economic resources.
I have read the history, and what you are writing is nothing but a propagandist version of history. Do your own research, and you will find I am right about everything I say.