SpicyLemons Fourm Uptime: 12 Years, 4 Months, 2 Weeks
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Poll: Bailout
Strongly -------- 2 (18.18%)
Moderately ----- 1 (9.09%)
Indifference -------- 2 (18.18%)
Mild opposition ----------- 3 (27.27%)
Strong opposition ----------- 3 (27.27%)

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Author: Subject: Bailout
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[*] posted on 10-5-08 at 12:42 PM   «:|:»  Link to post Reply With Quote


Quote:
Originally posted by danga
I get fascism from this because in a fascist regime the government takes economic control, yet they do not use this control for wealth redistribution
Dictionary.com
Socialism: "a theory or system of social organization that advocates the vesting of the ownership and control of the means of production and distribution, of capital, land, etc., in the community as a whole."
Fascsim: "a governmental system led by a dictator having complete power, forcibly suppressing opposition and criticism, regimenting all industry, commerce, etc."


I guess it is all about what words you choose to focus on, huh? I would be the first one to want to call the Bush administration a regime but he isn't a dictator and infact his imposed lack of oversight was a leading contributor to the current problem... but it is the opposite of regimenting industry and commerce, unless of course you believe in conspiracies and such... Good response +karma


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[*] posted on 10-5-08 at 03:33 PM   «:|:»  Link to post Reply With Quote


All i want to add at this point, is look into how money is created by the Federal Reserve, in fact i will do the searching for you it is here http://landru.i-link-2.net/monques/MMM.pdf, written by the Chicago branch of the Federal Reserve System.

And lastly, JP Morgan Chase is one of the banks that makes up the Federal Reserve System, so when Bernake and the gov helped them acquire WAMU that was basically just a hand out. If AT&T were to consolidate like the government is helping these banks do, then they would have Antitrust lawsuits brought against them.

and for good measure mig +karma


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[*] posted on 10-6-08 at 03:43 PM   «:|:»  Link to post Reply With Quote


Damn Kevin that Federal Reserve document is a hefty read but full of quality info! Im going to have to save this one and re-read it at a later date. +karma for the kick ass info!

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