MrRodgers
Posts: 10542
Joined: 7/30/2005 Status: offline
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quote:
ORIGINAL: FirmhandKY quote:
ORIGINAL: MrRodgers Get a grip kinkroids, this isn't partisan fodder, this is plutocracy and capitalism at its best. What's the big deal ? The world in a free market [sic] doesn't fucking need an Ex-Im bank. But gee wiz all of those folks out there in foreign land would surely love to buy our products. In this case...drill for oil. Trouble is while US corporations would love to sell them all they want...those foreign folks just don't have the money. Worse...the great and glorious free-market [sic] capitalist won't lend them the money either. You know, those risk averse capitalists. Turns out in their 'marketplace' they don't like the risk. No problem. The capitalist goes to the plutocracy (purchases govt.) and (since a 1934 executive order) has the US taxpayers (socialized) fund this bank and who will happy to take the risk apparently. Who could blame the capitalist ? (here is among the strongest of borrowers out there and in among the most profitable industries and they still come to govt, [taxpayers] to take the risk...why ?) This is for all of those US jobs that we are told by govt., they really don't produce or save, so we will lend them the money. Where is the great marketplace ? Hiding under rocks ? This is just more socialism for the capitalist...the rich. Don't ya just l u v...free market [sic] capitalism ? The greatest oxymoron in history. While I am in favor of capitalism, the old connection between politics and money is an inherent part of the situation, and can cause corruption regardless of the political leanings of the people involved.. Don't have to like it, but it does exist, and I suspect this is just more of the same, on the other side of the ideological divide, which is why I never brought it up when I first read about it. Not an ideological issue, simply a human nature issue. Firm If so, a different human nature than what civil society should entertain. Or do you write of the human frailty of greed ? Without taxpayers, they would be out in the real markets, but no, that's not good enough...too risky, so we'll let the US taxpayers take the risk. This is most certainly an ideological issue if I am to believe in something called 'free market' [sic] capitalism. Why didn't any truly private investors put up all that money ? I'll tell you. They get something called an Ex-Im bank formed, let them come up with money and I'll invest in their stock. I make millions in capital gains and because of all that risk [sic] I took...will pay 15% tax. Thanx folks, love you taxpayers for taking all of the risk out of my risky investment. I am NOT in favor of capitalism, I much prefer the free market...a real free market.
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