Einstein, "science without religion is lame, religion without science is blind."
“Most people do not listen with the intent to understand; they listen with the intent to reply.”
― Stephen R. Covey
What kind of wimps allow the Swiss and the pirate islands to get away with this? What is our military for if we can't use force against these criminal acts? What kind of pathetic wannabe has the fantasy that if he admires the rich for safely stashing their loot, then somehow that's as good as being rich himself?
On the outside, trickling down on the insiders.
We won't live free until the 1% live in fear.
Hey, richboys! Imagine the boot of democracy stomping on your faces, forever.
I've now seen more than a couple people refer to our economy as being NOT "zero sum". I have the sneaking suspicion that, for the most part, the folks using this term, don't understand fully what that means. As it deff pertains strongly to this discussion, I'll try to elaborate.
When you say that our economy is not zero sum, you are saying that there is no fixed amount of wealth, that wealth can be both created, and destroyed. And, to some extent, this is true. Wealth can CERTAINLY be lost, and it can be created. However, unless you are suggesting that the rules of economics defy and break the laws of physics, then, in the ways that matter most, this concept is dead wrong. Simply put, our economy, from second to second, moment to moment, day to day, month to month, year to year...IS fixed. It is NOT zero sum. There IS a finite amount of wealth. Within a given period of time, there IS only so much that can be produced. To suggest otherwise is to deny common sense. Within one day, a plant can only build so many cars. Even if demand went through the roof, there is no way the plant could build more cars than it's capacity to do so. There are only so many ears of corn you can grow within a set amount of space, in a set amount of time. There is only so much effort and labor you can squeeze into a set amount of time. While the argument to this is true, that due to the nature of relative attributions of value that individuals place on everything, the economy is NOT zero sum (I value my X-men #1 comic at more than I paid for it, but can sell it to someone else for MORE than I value it, thus creating "wealth"), it still does not address the issue (that there are only so many X-men #1 comics out there, and I can't simply make more, and retain their current market value). In the most real sense, someone hoarding 100 billion in liquid capital and assets truly DOES limit what the rest of us can hoard.
Last edited by KevinKohler; 07-25-12 at 06:58 PM.
"He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
Time for capital controls........................lots of them.
or if they dont want there money in USA then they get no protection of USA laws.
No corp protection
no patent protection
no protection of rights
no IP protection of any kind
no property protection