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gnosis Forum Master


Joined: 27 Feb 2008 Posts: 2650 Local time: 12:17 PM Location: California

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Posted: Tue Mar 18, 2008 1:10 pm Post subject: Fed bails out Bear Stearns |
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Just another example of how corporate welfare is the real problem in government, not helping those who actually need it most at the bottom.
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Jason_Harvestdancer WonderMod Powers ACTIVATE!

Joined: 23 Oct 2005 Posts: 3383 Local time: 9:17 AM Location: Northern LA County, CA
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Posted: Tue Mar 18, 2008 1:13 pm Post subject: |
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Welfare is welfare, whether it is welfare for the rich or welfare for the poor, and just as wrong either way. _________________ Nos laetus edo qui votum opprimo nobis. |
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gnosis Forum Master


Joined: 27 Feb 2008 Posts: 2650 Local time: 12:17 PM Location: California

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Posted: Tue Mar 18, 2008 1:17 pm Post subject: |
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| Jason_Harvestdancer wrote: | | Welfare is welfare, whether it is welfare for the rich or welfare for the poor, and just as wrong either way. |
Welfare for those who are already rich is equivalent to helping the poor eh? Compassion must be a sin to those who have economics as a religion it seems. |
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Ivan_Ivanov Forum Master


Joined: 15 Jun 2004 Posts: 4133 Local time: 7:17 PM Location: Poland
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Posted: Tue Mar 18, 2008 1:19 pm Post subject: |
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| gnosis wrote: | | Welfare for those who are already rich is equivalent to helping the poor eh? Compassion must be a sin to those who have economics as a religion it seems. |
Robbing people is equivalent to robbing people.
Theft must be a virtue for those who have socialism as religion. _________________
It is as though your species' brain is too small to hold a simple thought such as, WE WILL KILL YOU FOR DISOBEYING!
This is not a complex idea. |
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Jason_Harvestdancer WonderMod Powers ACTIVATE!

Joined: 23 Oct 2005 Posts: 3383 Local time: 9:17 AM Location: Northern LA County, CA
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Posted: Tue Mar 18, 2008 1:24 pm Post subject: |
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| gnosis wrote: | | Jason_Harvestdancer wrote: | | Welfare is welfare, whether it is welfare for the rich or welfare for the poor, and just as wrong either way. |
Welfare for those who are already rich is equivalent to helping the poor eh? Compassion must be a sin to those who have economics as a religion it seems. |
Helping the poor != welfare for the poor.
Welfare != compassion.
Theft is theft, no matter who you give the loot to. _________________ Nos laetus edo qui votum opprimo nobis. |
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gnosis Forum Master


Joined: 27 Feb 2008 Posts: 2650 Local time: 12:17 PM Location: California

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Posted: Tue Mar 18, 2008 1:36 pm Post subject: |
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| Ivan_Ivanov wrote: |
Robbing people is equivalent to robbing people.
Theft must be a virtue for those who have socialism as religion. |
| Jason_Harvestdancer wrote: | Welfare is welfare, whether it is welfare for the rich or welfare for the poor, and just as wrong either way.
Helping the poor != welfare for the poor.
Welfare != compassion.
Theft is theft, no matter who you give the loot to. |
Taking back that which has already been stolen from you is known as reclaiming. I challenge your assumption that such wealth is legitimate property. It's like robbing someone and accusing them of a crime when they take their stuff back.
The poor and oppressed in U.S. society have had far more stolen from them over the years than the powerful elite, because they lack the power to oppose such actions. |
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Ivan_Ivanov Forum Master


Joined: 15 Jun 2004 Posts: 4133 Local time: 7:17 PM Location: Poland
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Posted: Tue Mar 18, 2008 1:40 pm Post subject: |
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| gnosis wrote: | | Taking back that which has already been stolen from you is known as reclaiming. I challenge your assumption that such wealth is legitimate property. It's like robbing someone and accusing them of a crime when they take their stuff back. |
If you accuse someone of theft, you're the one that needs to provide evidence, and so far it seems your argument is that people have something that others don't, which is outright ridiculous. _________________
It is as though your species' brain is too small to hold a simple thought such as, WE WILL KILL YOU FOR DISOBEYING!
This is not a complex idea. |
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romans120 Resident Theist

Joined: 14 Aug 2007 Posts: 2375 Local time: 11:17 AM Location: The God Shaped Hole in Your Heart

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Posted: Tue Mar 18, 2008 1:42 pm Post subject: |
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Question for all you economists. How is this going to affect inflation? Since the government is assuming this massive amount of debt and by dropping the interest rates by another three quarters aren't we still just taking all the other industries down with the mortgage industry? _________________ For what can be known about God is plain to them, because God has shown it to them. 20 For his invisible attributes, namely, his eternal power and divine nature, have been clearly perceived, ever since the creation of the world, in the things that have been made. So they are without excuse. Romans 1:19-20
Check out my weblog at http://romans120.wordpress.com/ |
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gnosis Forum Master


Joined: 27 Feb 2008 Posts: 2650 Local time: 12:17 PM Location: California

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Posted: Tue Mar 18, 2008 1:44 pm Post subject: |
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| Ivan_Ivanov wrote: |
If you accuse someone of theft, you're the one that needs to provide evidence, and so far it seems your argument is that people have something that others don't, which is outright ridiculous. |
Evidence:
Predatory Lending
Slavery |
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Ivan_Ivanov Forum Master


Joined: 15 Jun 2004 Posts: 4133 Local time: 7:17 PM Location: Poland
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Posted: Tue Mar 18, 2008 1:52 pm Post subject: |
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| gnosis wrote: | | The poor and oppressed in U.S. society have had far more stolen from them over the years than the powerful elite, because they lack the power to oppose such actions. |
I agree on this, but probably not in the way you'd like.
In any case the solution is to stop the robbing, not having more of it.
And for fuck's sake, spend the extra 5 seconds making sure you've written down everything you had to say on the topic.
| Romans wrote: | | Question for all you economists. How is this going to affect inflation? Since the government is assuming this massive amount of debt and by dropping the interest rates by another three quarters aren't we still just taking all the other industries down with the mortgage industry? |
It won't necessarily be inflationary, as, the way I understanding, no new money was created.
What will happen tough is that if that debt turns out to be bad (which it will, as no one in his right mind wanted to buy it, the Fed had to do it), you'll foot the bill through taxes. _________________
It is as though your species' brain is too small to hold a simple thought such as, WE WILL KILL YOU FOR DISOBEYING!
This is not a complex idea.
Last edited by Ivan_Ivanov on Tue Mar 18, 2008 2:01 pm; edited 1 time in total |
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Ivan_Ivanov Forum Master


Joined: 15 Jun 2004 Posts: 4133 Local time: 7:17 PM Location: Poland
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Posted: Tue Mar 18, 2008 1:57 pm Post subject: |
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The fact that some clueless moron called it "predatory" doesn't mean it's not a completely voluntary transaction.
And what's the justification for taking money from people who had nothing to do with slavery, as this is what government welfare does? _________________
It is as though your species' brain is too small to hold a simple thought such as, WE WILL KILL YOU FOR DISOBEYING!
This is not a complex idea. |
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Jason_Harvestdancer WonderMod Powers ACTIVATE!

Joined: 23 Oct 2005 Posts: 3383 Local time: 9:17 AM Location: Northern LA County, CA
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Posted: Tue Mar 18, 2008 2:03 pm Post subject: |
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| gnosis wrote: | | Ivan_Ivanov wrote: |
Robbing people is equivalent to robbing people.
Theft must be a virtue for those who have socialism as religion. |
| Jason_Harvestdancer wrote: | Welfare is welfare, whether it is welfare for the rich or welfare for the poor, and just as wrong either way.
Helping the poor != welfare for the poor.
Welfare != compassion.
Theft is theft, no matter who you give the loot to. |
Taking back that which has already been stolen from you is known as reclaiming. I challenge your assumption that such wealth is legitimate property. It's like robbing someone and accusing them of a crime when they take their stuff back. |
I challenge you to show that welfare is reclaiming in any sense of the word.
| gnosis wrote: | | The poor and oppressed in U.S. society have had far more stolen from them over the years than the powerful elite, because they lack the power to oppose such actions. |
Prove it. Predatory lending doesn't prove it, and the last legal slave in this country died a very long time ago. _________________ Nos laetus edo qui votum opprimo nobis. |
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kmisho Stochastic

Joined: 05 Dec 2005 Posts: 5406 Local time: 3:17 AM Location: Richmond, Virginia USA
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Posted: Tue Mar 18, 2008 2:30 pm Post subject: |
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| Ivan_Ivanov wrote: |
The fact that some clueless moron called it "predatory" doesn't mean it's not a completely voluntary transaction. |
Just like when pretty adult women have sex with underage men.
Sicko's say, niiiiiice...
I really hope anarcho-capitalists get what they want. They'll be the first to be fucked by it. The first because as the huge dildo of laissez faire greed starts to penetrate, the only thing they can say about it, "This is the way it's supposed to be!" _________________ K Michau
Now this religion happens to prevail/Until by that one it is overthrown/Because men dare not live with men alone/But always with another fairy tale.
al-Ma'arri, Syrian Poet, died 1057
You deny the existence of 999 alleged Gods. I merely deny one more - yours.
John MacKinnon Robertson, "Godism" 1896
"Never is a long time." Robert Fripp, 1998
Poetry, Art, Music |
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Ivan_Ivanov Forum Master


Joined: 15 Jun 2004 Posts: 4133 Local time: 7:17 PM Location: Poland
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Posted: Tue Mar 18, 2008 2:33 pm Post subject: |
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| kmisho wrote: | Just like when pretty adult women have sex with underage men.
Sicko's say, niiiiiice...
I really hope anarcho-capitalists get what they want. They'll be the first to be fucked by it. The first because as the huge dildo of laissez faire greed starts to penetrate, the only thing they can say about it, "This is the way it's supposed to be!" |
Just like it happened in the US during the time of relative liberty.
Everyone was so fucked be greed and people were oh so poor, especially when compared to other places in the world, right? _________________
It is as though your species' brain is too small to hold a simple thought such as, WE WILL KILL YOU FOR DISOBEYING!
This is not a complex idea. |
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kmisho Stochastic

Joined: 05 Dec 2005 Posts: 5406 Local time: 3:17 AM Location: Richmond, Virginia USA
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Posted: Tue Mar 18, 2008 2:47 pm Post subject: |
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| Ivan_Ivanov wrote: | | kmisho wrote: | Just like when pretty adult women have sex with underage men.
Sicko's say, niiiiiice...
I really hope anarcho-capitalists get what they want. They'll be the first to be fucked by it. The first because as the huge dildo of laissez faire greed starts to penetrate, the only thing they can say about it, "This is the way it's supposed to be!" |
Just like it happened in the US during the time of relative liberty.
Everyone was so fucked be greed and people were oh so poor, especially when compared to other places in the world, right? | I believe you are attempting to claim the short term gains of industrialization as long term gains of capitalism. _________________ K Michau
Now this religion happens to prevail/Until by that one it is overthrown/Because men dare not live with men alone/But always with another fairy tale.
al-Ma'arri, Syrian Poet, died 1057
You deny the existence of 999 alleged Gods. I merely deny one more - yours.
John MacKinnon Robertson, "Godism" 1896
"Never is a long time." Robert Fripp, 1998
Poetry, Art, Music |
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