[FairfieldLife] Re: More American Stupidity

[jason_gre...@yahoo.com [FairfieldLife]]

Mike, the problem is not capitalism. It's crass consumerism 
or hyper-consumerism as some would call it.  It leads to 
voracious unsustainable consumption of resources.

In fact, this problem existed even in ancient times, a lot 
of ancient civilisations collapsed due to rampant tree 
cutting and ecological degradation. It soon became 
unsustainable.

This is exactly the reason, the entire taxation methodology 
must be changed. Taxation should be based on consumption and 
not on income.  For instance, if you earn 20,000 $ a month 
but spend only 2,000 $ out of that. You put the rest 18,000$ 
in bank. You should be taxed only for that 2,000 $ you 
spent.

The interest rate in banks are artificially low. Some 
incentive should be given to people to save money in banks.


--- <mdixon.6569@...> wrote :

 Capitalism is the best system for the disabled, sick and old age. Wealth is 
created abundantly by capitalism which can be taxed and provide a safety net. 
People can also provide for themselves better and the smart ones save for their 
future.. Most, if not all, union pension plans are heavily invested in 
capitalism which pays their member benefits. Ask the people of the former 
Soviet Union and China if they prefer capitalism or old Soviet central planning 
with Socialism. Governments don't generate wealth, they just take it away and 
redistribute it. Free enterprise generates wealth. Ask any rich person or 
person aspiring to be rich. With an abundance of wealth, good things can be 
done and planned for. The Soviet Union couldn't clean up they environmental 
messes they created.

 So we all end up like the Soviet Union and pre-capitalist China. Plenty of 
nothing to go around for everybody. Did you ever see or hear about the Soviet 
era enviornment? Plenty of mess to clean up but no money to do it. But then we 
will *make* them do it... for mother Russia!


 From: "Bhairitu noozguru@... [FairfieldLife]" <FairfieldLife@yahoogroups.com>
 

 Capitalism is like candy and the rich like spoiled kids.  They just want more 
and more candy.  Hence they get fat and cranky and want their way all the time. 
 What we need to do is take away their candy from them and let them dry out.  
Otherwise they become a complete drag on society.
 
 Free enterprise is not a bad idea about capitalism run amok is very dangerous. 
 Sometimes you just have to shut things down and spank the miscreants.