Hmmmmmmmmmm... No Government intervention and the Markets are UP today.
Imagine that. Capitalism WORKS even without Government intervention. Socialism does not. On Sep 30, 6:13 am, Princip <[EMAIL PROTECTED]> wrote: > M.J. Its hardly socialism when 700 billion is handed out to > institutions which exist to serve the interests of a few. This hasn't > come about becuase of socialism and this government intervention isn't > socialism either. > > On Sep 30, 12:00 pm, Frank <[EMAIL PROTECTED]> wrote: > > > > > I find it curious that you provide nothing substantive ... you offer > > no refutation of the words, concepts nor ideas presented ... > > > You are as delirious as Gaar. First of all not one of the idiotic > > posts that you put up contains a single scrap of economic analysis, > > nothing at all. The proof of the pudding is in the eating. My outcomes > > are being realized in the cold hard light of day. If you want evidence > > on how I have come to the correct conclusion, read Das Kapital, What > > do you want me to do read it to you. > > > I have posted many articles by the SEP providing emperical evidence, > > figures and outcomes. You choose to ignore them. > > > Here are just a few. Start reading. (wsws.org) > > > 8 September 2008 > > Europe gripped by fear of global crash > > > The American "financial tsunami" hits Asia > > > 17 September 2008 > > US Federal Reserve announces $85 billion bailout of insurance giant > > AIG > > > Illinois prepares wide-ranging budget cuts > > > 16 September 2008 > > The Wall Street crisis and the failure of American capitalism > > > More US corporate bailouts on the way > > > 12 September 2008 > > US bailout of mortgage giants sets stage for wider financial crisis > > > 10 September 2008 > > Record corporate bailout reveals the bankruptcy of American capitalism > > > 8 September 2008 > > US government takes over mortgage giants to stave off financial > > meltdown > > > 8 August 2008 > > The origins of the subprime market > > > 6 August 2008 > > Oil giants report massive profits > > > 31 July 2008 > > Global trade talks collapse > > > 9 July 2008 > > G8 summit marked by impotence and division > > > 5 July 2008 > > A socialist answer to the global rise in gas prices > > > 1 July 2008 > > Bank for International Settlements annual report > > World economy may be at "tipping point" > > > 30 June 2008 > > Fed minutes show extent of Bear Stearns crisis > > > 27 June 2008 > > US Fed caught in global turbulence > > > 13 June 2008 > > Two truck drivers killed as European and Asian fuel protests spread > > > 2 June 2008 > > Fuel price protests spread across Europe > > > 10 June 2008 > > The world food crisis and the capitalist market > > Part Three > > > 9 June 2008 > > The world food crisis and the capitalist market > > Part Two > > > 7 June 2008 > > The world food crisis and the capitalist market > > Part One > > > 2 May 2008 > > Agricultural corporations boast huge profits in midst of food crisis > > > 19 April 2008 > > IMF and OECD: Europe will be hit hard by US recession > > > 18 April 2008 > > Shades of 1929: the global implications of the US banking collapse > > Part 3 > > > 17 April 2008 > > Shades of 1929: the global implications of the US banking collapse > > Part 2 > > > 16 April 2008 > > Shades of 1929: the global implications of the US banking collapse > > Part 1 > > > 29 March 2008 > > Global food prices rise and famine increases > > > 22 March 2008 > > US financial crisis fuels social unrest Workers protest rising prices > > in UAE, Egypt > > > 20 March 2008 > > Asian economies hit by US financial crisis and slowdown > > > 18 March 2008 > > Shades of 1929: Bear Stearns collapse signals deepest crisis since > > Great Depression > > > 5 March 2008 > > Oil-linked inflation destabilizes Africa, Middle East > > > 3 March 2008 > > Letters on review of Naomi Klein's The Shock Doctrine > > > 1 March 2008 > > BMW axes 8,100 jobs to increase profits > > > 28 February 2008 > > A superficial analysis of global capitalism--Part 2 > > The Shock Doctrine: The Rise of Disaster Capitalism by Naomi Klein, > > Allen Lane: 2007 > > > 27 February 2008 > > Mining firms impose huge price hike on Chinese steelmakers: a sign of > > global inflation > > > A superficial analysis of global capitalism--Part 1 > > The Shock Doctrine: The Rise of Disaster Capitalism by Naomi Klein, > > Allen Lane: 2007 > > > 25 February 2008 > > Food prices continue to rise worldwide > > > 20 February 2008 > > Sino-Australian relations complicated by BHP's attempted merger with > > Rio Tinto > > > 5 February 2008 > > The world crisis of capitalism and the prospects for socialism--Part > > five > > > 4 February 2008 > > The world crisis of capitalism and the prospects for socialism--Part > > four > > > 2 February 2008 > > The world crisis of capitalism and the prospects for socialism--Part > > three > > > 1 February 2008 > > The world crisis of capitalism and the prospects for socialism--Part > > two > > > 31 January 2008 > > The world crisis of capitalism and the prospects for socialism--Part > > one > > > 24 January 2008 > > US recession fears provoke continued market turmoil > > > 23 January 2008 > > US cuts interest rates amid fears of global financial collapse > > > 22 January 2008 > > Threat of US recession panics global stock markets > > > 13 December 2007 > > Central banks coordinate actions amid fears of a global financial > > breakdown > > > 7 December 2007 > > Amid global financial instability: China-EU trade tensions intensify > > > 23 October 2007 > > G7 meetings highlight deepening problems for US and world economy > > > 22 October 2007 > > IMF growth forecast not as good as it looks > > > 3 October 2007 > > Markets continue to rise but US dollar slides > > > 20 September 2007 > > Contradictions mount in US and world economy in wake of Fed rate cut > > > 19 September 2007 > > US Fed rate cut fires up Wall Street > > > 17 September 2007 > > Credit crisis spreads as British bank collapses > > > 8 September 2007 > > Prospects for US recession increase as jobs report shows first decline > > in four years > > > 7 September 2007 > > World economy: Credit crunch could bring recession > > > 5 September 2007 > > German bank loss only the start > > > 3 September 2007 > > US housing crisis could spark serious economic downturn > > > 30 August 2007 > > World economy: Financial crisis exposes market myths > > > 24 August 2007 > > World economy: Credit crunch fallout begins to spread > > > 20 August 2007 > > Credit crisis claims another bank > > > 18 August 2007 > > Fed moves to halt market meltdown > > > 17 August 2007 > > Wild gyrations on world markets > > > 16 August 2007 > > Millions of toxic toys recalled: The nightmarish reality of global > > capitalism > > > 13 August 2007 > > Worldwide market panic compels central banks to intervene > > > 10 August 2007 > > Credit fears spark stock market plunge > > > 2 August 2007 > > Bursting of credit bubble underlies stock market turbulence > > > 31 July 2007 > > Global credit crisis fuels stock market turmoil > > > 24 April 2007 > > After strong growth, world economy at a "turning point" > > > 12 April 2007 > > US steps up trade pressure on China > > > 2 March 2007 > > Wild swings on Wall Street > > > 28 February 2007 > > Global markets slide after China sell-off > > > 3 February 2007 > > Big oil companies post record profits for 2006 > > > 21 November 2006 > > Milton Friedman 1912-2006: "Free market" architect of social reaction > > > 8 November 2006 > > The crisis of US imperialism in historical perspective > > > 4 October 2006 > > The multi-billion dollar demise of hedge fund Amaranth > > > 18 August 2006 > > Warnings of a US recession and global slowdown > > > 26 July 2006 > > Bitter recriminations as trade talks collapse > > > 30 June 2006 > > Bankers' bank puzzles over state of world economy > > > 24 June 2006 > > Global markets stabilise but risks increase > > > 17 June 2006 > > Global market slide may have further to go > > > 9 May 2006 > > Asian growth rates rise but employment problems deepen > > > 25 April 2006 > > Global growth rates rise, but the foundations are shaky > > > 14 March 2006 > > Bank of Japan policy shift will have global impact > > > 2 March 2006 > > WSWS International Editorial Board meeting > > Nick Beams: Report on world economy in 2006--Part Three > > > 1 March 2006 > > WSWS International Editorial Board meeting > > Nick Beams: Report on world economy in 2006--Part Two > > > 28 February 2006 > > WSWS International Editorial Board meeting > > Nick Beams: Report on the world economy in 2006--Part One > > > 14 February 2006 > > US trade gap hits another record > > > 1 February 2006 > > The legacy of US Fed chairman Greenspan > > > 19 December 2005 > > WTO talks keep trade round on life support > > > 12 December 2005 > > WTO trade talks head for a stalemate > > > 29 July 2005 > > China's yuan revaluation a response to increased US pressure > > > 21 July 2005 > > Greenspan points to "significant uncertainties" in US economy > > > 5 July 2005 > > A warning to the G-8 from the bankers' bank > > > 14 June 2005 > > Global interest rate "conundrum" recalls the 1930s > > > 30 May 2005 > > World economy becoming more dependent on US debt > > > 26 May 2005 > > OECD warns time is "running out" to correct global imbalances > > > 23 May 2005 > > US indebtedness a growing threat to global stability > > > 17 May 2005 > > Clouds gather over world economy > > > 2 May 2005 > > US growth rate points to global downturn > > > 18 April 2005 > > World markets expecting further falls > > > 12 April 2005 > > Global financial system faces growing risks > > > 22 December 2004 > > Dollar devaluation cannot right the US economy > > > 8 December 2004 > > Question mark over US dollar's global role > > > 29 November 2004 > > US dollar slide continues > > > 23 November 2004 > > US dollar slide to continue after G20 meeting > > > 18 November 2004 > > US dollar slide increases global tensions > > > 8 November 2004 > > US debt ceiling to be lifted > > > 16 June 2004 > > The growing irrelevance of the G8 summit > > > 9 June 2004 > > US Fed set to lift rates > > > 17 May 2004 > > Global recovery could be short lived > > > 5 May 2004 > > China "overheating" spells trouble for world economy > > > 22 April 2004 > > Proceed carefully with > > ... > > read more »- Hide quoted text - > > - Show quoted text - --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. 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