Cosmic Charlie
The reports of my death are greatly exaggerated
Oh, is this what you are wanting to U.S. to adopt? Well, it has been tried, but each time it has become corrupt, rather like our system has become corrupt. But when the socialists become corrupt the poor suffer even more atrociously than under our system.
I'm getting old. My words are failing. In the U.S. we have a system in which goods are bought and sold and the demand, or lack of it, for goods is what controls the price. I can not for the life of me remember the word. Can someone help me here. I do believe it begins with a "c".
Janice
Here's thing:
Everywhere Capitalism has been tried it always become monopolistic and socially controlling.
This is referred to as the cancer stage of Capitalism. It happens in every capitalistic system, was foreseen by none other than Adam Smith himself who advocated severe regulation to control it and has happened twice in American history.
We are at that point again.
The prices of things are no longer set by supply and demand but rather by pricing fixing by monopolistic international bankers and mindbogglingly rich families.
Example:
The price of oil.
At least a 1.25 at the pump can be traced to unregulated speculation. The worldwide demand of oil is down thanks to more efficient use and the world economy. Production in the US is actually up over the last 4 years yet the price keeps going up.
The market is being manipulated.
This is unsustainable and only has one end unless it is put under control (which is highly unlikely given the bought and paid for Congress and the totally corrupted court system)
Complete economic implosion.
The next investment bubble that bursts, with the American people sick of 1 trillion dollar bail outs
That's the end guys.
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