The meltdown in great part happenned because of the Government;s GSE
and the perception it caused.....

On Sep 18, 7:33 am, Frank <[EMAIL PROTECTED]> wrote:
> This is not simply a product of greed. Capitalism clearly does not
> work.If it did this meltdown would not be occuring, they would have
> seen it coming and acted accordingly. It has happened twice to this
> degree before (1929 &  1895) As well as 1987, 1998 and 2001. It is a
> global meltdown with its epicenter in the US (world's largest economy)
> not a democrat or a republican meltdown.
>
> If a world socio-economic system is dependent on the honesty of a
> minuscule handful of people, in the form of bankers and government
> officials to operate efficiently--in other words 0000.1 of the worlds
> population---then it is a system that is a deeply flawed, unworkable,
> anarchic, undemocratic, plutocratic,anachronism. Which is precisely
> what it is. This is not my opinion, it is a scientific, mathematical
> fact. Idle baseless opinion or ideological wishful thinking are a
> worthless hindrance to our understanding our relationship to the
> worlds socio-economic forces and the means of production.
>
> On Sep 18, 11:09 pm, VT Sean Lewis <[EMAIL PROTECTED]> wrote:
>
>
>
> > No Keith I have a brain and I know Bull Shit when I smell
> > it.
>
> > Capitalism works, but selfish greed is a destroyer.
>
> > This post was about justifying selfish greed.
>
> > You are just too niave to realize it.
>
> > On Sep 18, 12:32 am, KeithInTampa <[EMAIL PROTECTED]> wrote:
>
> > > Sean,
>
> > > You just demonstrated, that you are a socialist elitst......You either
> > > fell for, and/or actualy subscribe to the old socialists' trick,
> > > playing the "class warfare card".
>
> > > For two hundred years, there was a concept in this Nation, the
> > > proverbial "American Dream", which all Americans used to adhere to,
> > > and still some productive Americans still cling to; that wealth,
> > > prosperity, and a life better than what their parents maintaioned, was
> > > within their grasp.  The Democrat Party, which has been infiltrated by
> > > socialists and communists, have for years attempted to instill in our
> > > people that government is the answer and only solution for the working
> > > class.  The Democrat Party detests capitalism.  That nothing can in
> > > fact happen without government's oversight and stewardship.  The
> > > Democrat Party has worked hard to force a sense of class warfare.
>
> > > You just demonstrated it here in this thread, and another thread that
> > > you posted today captioned,  "The Cascade Effect, the collapse of the
> > > US economy. How did it happen, and how do you stop it."
>
> > > If you don't believe me, go  back and re-read your messages.  You Sir,
> > > are espousing a socialist message.
>
> > > Respectfully,
>
> > > Keith
>
> > > On Sep 18, 12:08 am, Gaar <[EMAIL PROTECTED]> wrote:
>
> > > >http://www.ejectejecteject.com/archives/000056.html
>
> > > > That capitalism generates wealth is beyond debate. This capitalist
> > > > reactor of ours easily invents more, learns more, and produces more
> > > > benefits in a year than mankind did under a millennia of rule by Kings
> > > > and Barons and Caliphs and Emperors. It s just amazing what people can
> > > > do when you just get the hell out of their way.
>
> > > > As an economic system for increasing prosperity, you just can t beat
> > > > it. And those who despise capitalism can t argue with this they just
> > > > can t. What they can do, perpetually and loudly, is talk about how
> > > > unfair Capitalism is. Because it allows the hard-working and ambitious
> > > > to keep the rewards of their hard work and ambition, Capitalism does
> > > > indeed produce some pretty uneven results.
>
> > > > But does uneven mean unfair? Depends on how you measure fair.
>
> > > > Now far be it for me to split linguistic hairs and argue over what the
> > > > definition of is is. But if we re going to get to the heart of this
> > > > unfair business, we have to ask ourselves, unfair to whom? Because if
> > > > we are to talk intelligently about this, we re going to have to
> > > > understand something right out of the gate: life is unfair. If life
> > > > were fair, we d all be the same same intelligence, same drive, same
> > > > capabilities. But we re not. It is a hallmark of our species that we
> > > > vary wildly in these and many other categories. That s what makes us
> > > > so diverse, and we sure want to celebrate that, don t we?
>
> > > > So, when we talk about making things fair, making them equal, we find
> > > > ourselves in the same impossible conundrum as we do when we discuss
> > > > The Irresistible Force meeting The Immovable Object.
>
> > > > Cool! Which would win?
>
> > > > Neither. It s an oxymoron. The definition of Irresistible Force means
> > > > that there cannot be an Immovable Object, and vice versa. You have to
> > > > pick one or the other. They are mutually exclusive.
>
> > > > Likewise, when we try to measure fair and equal, we have to face the
> > > > hard reality that people are different. So, do we want to measure an
> > > > equal front end: equality of opportunity or an equal back end:
> > > > equality of results? Can t have both.
>
> > > > Here s why:
>
> > > > When the Declaration of Independence thundered that All Men are
> > > > Created Equal, it meant equal in those essential elements: equal under
> > > > the law. Equal in terms of basic human rights. Equal in dignity. Equal
> > > > in the sense that if someone with a lot of money thinks they can cut
> > > > in front of me at an ATM line just because they re rich, then they can
> > > > just kiss my Royal Irish Ass! that kind of equal.
>
> > > > But to believe that all people are equally capable is to well not be
> > > > paying attention, as a quick game of one-on-one half-court between
> > > > Michael Jordan and Michael Moore will quickly reveal. (note to Don
> > > > King: There are millions, and I mean millions to be made off this
> > > > idea. Call me.)
>
> > > > There will always be people smarter than you, and people more stupid;
> > > > people more and less motivated, ruthless, connected, ambitious,
> > > > frugal, hardworking than you are. Nothing can change that. Nothing
> > > > should change that because there lies the Gulag. People are
> > > > different. Leave them alone. Encourage the downhearted, by all means.
> > > > Help those in need when they ask for help. But otherwise mind your own
> > > > business, bub.
>
> > > > Society is as fair as it can get when all people have equal
> > > > opportunity to make what they will of themselves. We are not there
> > > > yet. We are close. We are much, much closer than many would have us
> > > > believe.
>
> > > > But people are different. They will always be different. They will
> > > > succeed and fail differently. There s no two ways around it.
>
> > > > Like so many flawed ideas beloved by the far left, equality seems like
> > > > a noble enough goal. Until you think about it. People have different
> > > > capabilities. So do you want equality of opportunity as I do where
> > > > people can make of themselves what they will? Or do you want equality
> > > > of results, where society steps in to make sure that everyone comes
> > > > out the same?
>
> > > > If society had a magical way of raising the bottom up, of speeding up,
> > > > buffing up, and tidying up Michael Moore, thereby giving him the means
> > > > to beat Michael Jordan in our (sadly) mythical game of half-court,
> > > > well we d all be the winners and life would be just dandy. But, alas,
> > > > this wonderful, brilliant idea is marred only by the annoying fact
> > > > that it is demonstrably impossible. Michael Moore can never play as
> > > > well as Michael Jordan. Never. If you want that game to come out a tie
> > > > equal! then you are going to have to hobble Michael Jordon.
>
> > > > You re going to have to remove a foot or two from his femurs, stitch
> > > > him into a clumsy, bulky, ugly suit adding a few hundred pounds,
> > > > heavily sedate him to slow down his mental powers, fill him full of
> > > > cheap booze to degrade his aim and coordination oh, and really mess
> > > > up his face surgically. No fair if people are rooting for him
> > > > disproportionately! That might hurt Michael Moore s self-esteem and
> > > > limit his ability to compete.
>
> > > > Do all these things, and more, and you will have two equal players.
> > > > You will have a really stupid, incompetent, pointless game. You will
> > > > have removed all the grace, power, style, finesse and genius from a
> > > > gifted and noble man, and added nothing whatsoever to his opponent.
> > > > You just made Michael Moore equal to Michael Jordan. Now is that fair
> > > > to Michael Jordan?
>
> > > > And after you ve done all these things, Michael Jordan will still hand
> > > > Michael Moore his ass because he thinks and acts like a winner and not
> > > > a victim.
>
> > > > Equality under the law: good. Essential.
>
> > > > Forcing people of differing skills, motivation and capability to be
> > > > equal: ruinous. Suicidal. And deeply, deeply unfair. But, for the
> > > > Berkeley crowd, there s no reason why a fatally flawed, disgusting,
> > > > historically-demolished idea can t be retried and retried and
> > > > retried So long as it will fit on a 2x4 foot piece of cardboard that
> > > > you can hold on the end of a stick while dancing in a public fountain
> > > > wearing a star-spangled diaper.
>
> > > > Does Capitalism, and its equality of opportunity, produce cruel
> > > > results? It does. Does Socialism, and it s equality of outcome,
> > > > produce a fair and happy society? Ask the Russian farmers under
> > > > Stalin. Ask the Chinese under Mao during the Cultural Revolution. Ask
> > > > the Cambodians under the Khmer Rouge.
>
> > > > Oh, wait you can t. They ve all been murdered.
>
> > > > On Sep 17, 9:06 pm, VT Sean Lewis <[EMAIL PROTECTED]> wrote:
>
> > > > > This is seductive self justification for greed.
>
> > > > > I hear this from 'christians' who say God wants them to be Rich,
> > > > > yet these same chritians live in gated communities
>
> ...
>
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>
> - Show quoted text -
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