Onion Eater

I was mocking you for obsessing over the two very relevant references I provided with my excerpt to Gold Does Not Have Intrinsic Value, Axiomatic Economics by Victor Aguilar: Gold Does Not Have Intrinsic Value

I don't know how many times I have to say this, so I'll just paste in my previous comment:

"As I said before, the cap-and-mortarboard symbols on the homepage of my website denote the level of difficulty of the papers posted there. This is an excerpt from a one-cap paper, meaning that it is intended for a layman-level audience."

I was not "pretending to come out with an academic-level paper." My laymen-level papers and my academic-level papers are clearly delinated on my website.

As for how "jolly obvious" socialism is, I'll leave that to the other discussants to judge.

Scucca

Its obvious to anyone that has had any experience of the literature in political economy. I'm always prepared to give more sources for those interested.

There really should be no excuse for making painfully basic error such as confusing fascism and socialism

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Onion Eater

I wasn't familiar with this case, but it comes as no surprise. I do know that Halliburton is currently in hot water for violating human trafficking laws, that is, for holding and selling slaves.

Correction: I should say "warm water" because, given their privileged status, things never get too hot for them.

In 2006 I wrote a short story in which Blackwater are the villians. Halliburton plays a small, though far from heroic, part in my story. I think you'll enjoy it. (And Scucca will be pleased to see that it doesn't have ANY references, footnotes or other trappings of intellectualism.) Axiomatic Economics by Victor Aguilar: Blackwater 200

Onion Eater

A couple of days ago Michael Nystrom, the owner of the Daily Paul forum, started the following thread there, which got a lot of responses:

Fascism: Socialism With Shareholders (RE: AIG)

Or, "capitalism," American style: Privatize all profits, socialize all risks & costs. Here's a headline you'll never see: Fed Takes Over AIG - Gets 80% Stake for $85 Billion of Fiat Money, Printed from Thin Air. US Taxpayers on Hook.

Sept. 16 (Bloomberg) -- American International Group Inc. avoided the worst financial collapse in history by accepting a rescue that provides an $85 billion loan from the federal government in return for a majority stake.

The U.S. reversed its opposition to a bailout of AIG, the nation's biggest insurer by assets, after private efforts failed and the Federal Reserve concluded that ``a disorderly failure of AIG could add to already significant levels of financial market fragility,'' according to a Fed statement today.

Fascism: Socialism With Shareholders (RE: AIG) | Campaign for Liberty at the Daily Paul

I thought that I would post this here in case anyone wanted to comment on Mr. Nystrom's take on the recent nationalization of AIG.

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Website: www.axiomaticeconomics.com

Motto: Critiques and rebuttals are how science advances.

Scucca

Given the deliberate abuse of socialist political economy, it is much of the same non-economic tosh. Recommend that they construct their grunt with a little more finesse. Cheers awfully!