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Dictatorship of the proletariat vs. dictatorship of the bankers

Which is more preferable to you?

  • Dictatorship of the proletariat

    Votes: 13 61.9%

  • Dictatorship of the bankers

    Votes: 8 38.1%
  • Total voters
    21

Okay, forget France. Bad choice. :peace

Quag said:
USA yes. The French revolution ended up with a dictatorship under Napoleaon after a period that was called the "terror" a particularily bad experience for the French.
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Either one is likely to end up with death for a lot people, so i am not sure the choice matters all that much.
 

I disagree on the U.S. of A., It was truely a people's revolution. That some of the people could read & in some cases had risked their fortune, they were all Radicials, willing to push forward with a fight that they were bound to lose, by the wisdom of the day. The conservitives of the day were called Tory's. :peace
Lokiate said:
You should read up on history. The Founding Fathers were intellectual men of wealth. The Constitutional government of France, a true peoples revolt, was a complete failure which was overthrown by Napoleon.
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jpevans said:

I disagree on the U.S. of A., It was truely a people's revolution. That some of the people could read & in some cases had risked their fortune, they were all Radicials, willing to push forward with a fight that they were bound to lose, by the wisdom of the day. The conservitives of the day were called Tory's. :peace
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Gotta agree with Lokiate the US revolution was led by the wealthy living in the colonies, It was not a revolution of the proletariat but of the people (well aside from those who opposed it, ie the Loyalists). It also actually had a lot of sympathy in Britain at the time. At best it can be shown to be the exception to the rule. Most revolutions have been awfull and bloody
French, Russian, Chinese etc
 
Canell said:
Wait, I don't understand. Was this a foreclosed house?
Or may be that dude just sold it to you under priced?
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My first post said "Wow. We just completed our 2nd short sale purchase of a home."
From WIKI "A short sale is a sale of real estate in which the proceeds from selling the property will fall short of the balance of debts secured by liens against the property and the property owner cannot afford to repay the liens' full amounts, whereby the lien holders agree to release their lien on the real estate and accept less than the amount owed on the debt.[1] Any unpaid balance owed to the creditors is known as a deficiency.[2][3] Short sale agreements do not necessarily release borrowers from their obligations to repay any deficiencies of the loans, unless specifically agreed to between the parties.
A short sale is often used as an alternative to foreclosure because it mitigates additional fees and costs to both the creditor and borrower."Short sale (real estate) - Wikipedia, the free encyclopedia
It takes 2 to 3 months for a short sale to be conducted. Prices of homes are going up rapidly now. In the time that it took from our cash offer being accepted by the two lenders (The owner, effectively, doesn't count.) the price of equivalent homes in the neighborhood has gone up 10%.
 
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Canell said:
Wait, I don't understand. Was this a foreclosed house?
Or may be that dude just sold it to you under priced?
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More detail for you. The builder sold the house for $170k in June '05, we think to an 'investor'. Then in December '05 it sold to the banks and person we purchased it from for $265k. This was the bubble working. Then it sold to us for $92k. It included a very fancy frig and matching micro over a stove. So in six and a half years how much of the principal on the $265K mortgage do you think was left?
Also, the house stood unoccupied for several years since the bubble caused too many to be built.
 
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jpevans said:

I disagree on the U.S. of A., It was truely a people's revolution. That some of the people could read & in some cases had risked their fortune, they were all Radicials, willing to push forward with a fight that they were bound to lose, by the wisdom of the day. The conservitives of the day were called Tory's. :peace
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Not really, our Founders were men of great wealth who used the People to their advantage. What we got with the first presidency was the first national debt, and the federal bank. The "conservatives" of the day didn't exist, because conservatism as we think of it today did not exist. The Loyalists were just that, those who were loyal to the Crown. The Patriots were men like Hamilton, Jefferson, Washington, and Madison. All wealthy men, all in favor of restricting voting to white male land owners. The very structure of our government is due to the lack of faith the founders had in the common man's tendency toward public virtue. They saw them as uneducated, and irrational, unable to see beyond their own personal needs, and they were right.
 
Thomas Paine, Ben franklin, John Adams, Samual Adams.... & untold nameless progressive radicals! A Tory by any other name is still a conservative. :peace
Lokiate said:
Not really, our Founders were men of great wealth who used the People to their advantage. What we got with the first presidency was the first national debt, and the federal bank. The "conservatives" of the day didn't exist, because conservatism as we think of it today did not exist. The Loyalists were just that, those who were loyal to the Crown. The Patriots were men like Hamilton, Jefferson, Washington, and Madison. All wealthy men, all in favor of restricting voting to white male land owners. The very structure of our government is due to the lack of faith the founders had in the common man's tendency toward public virtue. They saw them as uneducated, and irrational, unable to see beyond their own personal needs, and they were right.
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OhIsee.Then said:
More detail for you. The builder sold the house for $170k in June '05, we think to an 'investor'. Then in December '05 it sold to the banks and person we purchased it from for $265k. This was the bubble working. Then it sold to us for $92k. It included a very fancy frig and matching micro over a stove. So in six and a half years how much of the principal on the $265K mortgage do you think was left?
Also, the house stood unoccupied for several years since the bubble caused too many to be built.
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I see. You are lucky to live there and just walk out the door. Around here if you can't pay your mortgage, the bank ceases the property, sells it and you still owe the bank the rest of the bill (let's say your mortgage is 200 000, the bank sold the house for 120 000 and you still owe the bank 80 000). They passed a special interest law, these bankers, you know. :moody
 
Canell said:
I see. You are lucky to live there and just walk out the door. Around here if you can't pay your mortgage, the bank ceases the property, sells it and you still owe the bank the rest of the bill (let's say your mortgage is 200 000, the bank sold the house for 120 000 and you still owe the bank 80 000). They passed a special interest law, these bankers, you know. :moody
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Here the collateral for the loan is the house. Since the banks are not set up to actually own empty homes they are essentially forced to sell them if they can. When too many are on the market or if there are not enough buyers around that want to pay a fair price they are stuck. This has been going on for about 3 years now, but it's ending soon since the inventory of homes is being reduced as the economy recovers and there are more buyers now, not investors. We are buyers that needed homes.
 
As our government was founded for the people and by the people, I'll go with the people! If I were choosing the bankers, I would vote for Romney!
 
The United States is supposed to be a dictatorship of the Constitution. Like the other political slogans, that supremacy winds up being a Tory oligarchy: the dictatorship of the Supreme Court. As long as it can cancel any law it wants and interpret the Constitution with any legalistic spin it wants, it doesn't have to make the laws in order to have absolute control over them. The requirement to "pass Constitutional muster" positions the elected legislators as merely a marching band on a parade ground.
 
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