Obama’s Top Advisor Advocates Communism

Here are some facts about the majority of U.S. citizens

since Ohama took office.

Three years into the Obama administration, and 29 months after the putative end of the Great Recesion, only seven percent of Americans have returned to the income they enjoyed before the recession. A new study finds fully 69 percent of Americans have experienced devastating economic conditions during Barack Obama’s time in office. Many have forsaken medical treatment, reduced their food budgets, borrowed money, or sold possessions to stay afloat. And a sizable percentage has no hope that its lot will ever change.

Study: Two-Thirds of Americans “Downsized, Devastated, or Totally Wrecked” Under Obama

sounds like a "plan" .... as in command and control economy

Originally posted by antonia
reply to post by ThirdEyeofHorus

 

Their economy is communist in name only. Almost everyone who studies economics has said this.

I never said Singapore was Mainland China. I said they are similar.

You can read some more about Singapore here: www.thelockeinstitute.org...
www.javnost-thepublic.org...

decent book www.amazon.com...

That article does not make a distinction between "liberal democracy" and a representative republic. I have seen all sorts of people talking about how great democracy is, but they are sporting for direct democracy rather than how our American govt was set up, as a representative republic.
Free Enterprise is not necessarily equal to Capitalism, but socialists tend to argue that Bourgeois Capitalism is bad. One can surmise from that that Capital arising from such as an authoritarian govt system is considered allowable, while true free enterprise is scoffed at.

Originally posted by antonia
I'd say this is just another case of people saying "communist" without having any working knowledge of what communism actually is.

hmmmm, still waiting for ANYONE with a working knowledge of communism to explain or answer the question.

why won't you since you seem to "know" so much about it ??
you're the one who clicked Reply to the question posed and yet pages later, you've added nothing of value to the conversation.

Originally posted by antonia
reply to post by seabag

 

From the standpoint of profits the Chinese/Singaporian system does in fact work out better. You will make higher profits in such a system and that is what the bottom line of business is-Profit. it's not the well-being of people.

Don't construe that as me saying I want to live like that because I don't, but in terms of the bottom line it works better than the American system. This is evidenced by the tons of cheap crap we buy from them everyday. If it didn't work so well we wouldn't be buying so much from them. Furthermore, because it's a command and control economy they can better manage commodities and insulate themselves from price spikes. But then again, I don't tend to be so gung-ho "AMERKIA" about everything I am unable to make analytic observations about the rest of the world.

edit on 4-12-2011 by antonia because: forgot something

the ONLY reason we buy "crap" from overseas is because OUR production moved there.
bring production back to the USA and they can buy from us again. see how that works?

if US profits are down, why are so many of the thieves retiring with full benefits and a golden parachute? and let's not forget story after story about "record profits" ... or did you miss those?

i'm guessing you are not old enough to remember when the US was the manufacturing giant of the world, eh?

actually, it only works well because Americans are too broke to buy what they would prefer and sometimes necessity rules over preference.

the ONLY reason we suffer price spikes of any kind is due to the Federal Reserve, eliminate them, eliminate a majority of problems all at once.

you typed it and i would agree ...

I am unable to make analytic observations about the rest of the world.

historical perspective goes a long way towards resolving that imbalance.

Originally posted by Honor93

the ONLY reason we buy "crap" from overseas is because OUR production moved there.
bring production back to the USA and they can buy from us again. see how that works?

OK, if that is the logic we are apply here... Let examine "bringing back production to the US
in this climate and this market.

Will you tell us all how US manufacturing will compete with $9 a day wages?

Will you tell us how the US economy would survive cutting minimum wage workers
pay 600% to engage in direct competition with China or other nations?

You do understand that in reducing cost for production you will then reduce the ability
to purchase goods by a similar degree. SO I would like some detail on how this will
proposal will work...

Originally posted by seabag
reply to post by User8911

 

Capitalism works great when it’s properly run.

Wasn't it recently revealed that the government (the fed) sold $7,700,000,000,000.00 (7.7 Trillion dollars) to banks for 97 cents on the dollar in addition to that tarp fund bail out? Wasn't this information kept from both tax payers and the Congress, and done in secret? Capitalism does not work great.

Originally posted by Honor93

if US profits are down, why are so many of the thieves retiring with full benefits and a golden parachute? and let's not forget story after story about "record profits" ... or did you miss those?

I never said U.S. profits were down. I said it was not as profitable as the system it was compared to. Furthermore if we suddenly brought all the jobs back most of the items would be far more expensive as the cost of labor would increase. Either the standard of living has to come down or you have to accept higher prices for goods.

Oh, And I saw what you did there...HURHUR, aren't you funny?

Originally posted by mastahunta

Originally posted by Honor93

the ONLY reason we buy "crap" from overseas is because OUR production moved there.
bring production back to the USA and they can buy from us again. see how that works?

OK, if that is the logic we are apply here... Let examine "bringing back production to the US
in this climate and this market.

Will you tell us all how US manufacturing will compete with $9 a day wages?

Will you tell us how the US economy would survive cutting minimum wage workers
pay 600% to engage in direct competition with China or other nations?

You do understand that in reducing cost for production you will then reduce the ability
to purchase goods by a similar degree. SO I would like some detail on how this will
proposal will work...

i didn't post a proposal and that isn't the topic of this thread, care to start one?

but here's a hint for ya .... profits might suffer in the beginning ... could you handle that?
and .... still no answer to my original question ... why is that not surprising?

Originally posted by antonia

Originally posted by Honor93

if US profits are down, why are so many of the thieves retiring with full benefits and a golden parachute? and let's not forget story after story about "record profits" ... or did you miss those?

I never said U.S. profits were down. I said it was not as profitable as the system it was compared to. Furthermore if we suddenly brought all the jobs back most of the items would be far more expensive as the cost of labor would increase. Either the standard of living has to come down or you have to accept higher prices for goods.

Oh, And I saw what you did there...HURHUR, aren't you funny?

edit on 5-12-2011 by antonia because: forgot something

you can't possibly be so deft as to think that given a choice, Americans would prefer to buy foreign??
trade can be manipulated back to America just as easily as it was manipulated out. having a supportive community/state is vital to the process so without that (as we stand today), it is a pointless conversation.
if you think prices in all markets haven't risen, you'd be mistaken.

besides, i'm still waiting for an answer that your initial reply was supposed to address.
funny for what???

Originally posted by ILikeStars

Originally posted by seabag
reply to post by User8911

 

Capitalism works great when it’s properly run.

Wasn't it recently revealed that the government (the fed) sold $7,700,000,000,000.00 (7.7 Trillion dollars) to banks for 97 cents on the dollar in addition to that tarp fund bail out? Wasn't this information kept from both tax payers and the Congress, and done in secret? Capitalism does not work great.

I'm not sure about your figures. Do you have a source?

Regardless, you must have missed the caveat! Capitalism works great WHEN ITS PROPERLY RUN.

Is what you described an example of "properly run" in your opinion? Or is it more likely that you simply don't like capitalism and you're trying your best to discredit it?

The OP indicates a lack of knowledge regarding Communism which is stateless, classless society where the means of production are controlled by the working class. Does that sound like a description of China in any way?
China is a new model of authoritarian state capitalism.

I look at this way. The U.S. still has people coming to America as well as other people from communist and socialists countries seeking a better way of life. How many Americans do you see leaving to live the great Chinese dream? The term capitalist was coined by Karl Marx. A poll was taken last week ( forgot where or I would link it.) Americans by a wide majority agree; that we are headed in the wrong direction with the current leadership.

Originally posted by seabag

Originally posted by ILikeStars

Originally posted by seabag
reply to post by User8911

 

Capitalism works great when it’s properly run.

Wasn't it recently revealed that the government (the fed) sold $7,700,000,000,000.00 (7.7 Trillion dollars) to banks for 97 cents on the dollar in addition to that tarp fund bail out? Wasn't this information kept from both tax payers and the Congress, and done in secret? Capitalism does not work great.

I'm not sure about your figures. Do you have a source?

Yes, I do.

Regardless, you must have missed the caveat! Capitalism works great WHEN ITS PROPERLY RUN.

Is what you described an example of "properly run" in your opinion? Or is it more likely that you simply don't like capitalism and you're trying your best to discredit it?

No. I believe capitalism will eventually discredit itself. Well, more to the point: I believe capitalism has already discredited itself. If capitalism was purely a numbers game, purely logical, I'm not sure it would work for humans, who do not all seem purely logical.

Capitalism is more a threat to itself than I could ever pose.

Originally posted by seabag

Regardless, you must have missed the caveat! Capitalism works great WHEN ITS PROPERLY RUN.

Wasn't there recently legislation up for vote in the Senate for a "Consumers' Protection Agency"?

Oh, nevermind.... the Republicans voted it down.