Thread: Corruption in Argentina
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02-02-15 21:59 #94Senior Member

Posts: 776I looked at your links, the ones that worked, and I'm more confused. They have to do with central banks, public pension funds, and sovereign wealth funds acquiring equities and other assets. The largest investor in the group is the central bank of China. So it's the Chinese government and other foreign governments that are going to own our politicians and our country, not American oligarchs and American private sector banks. The solution is to promote savings in the USA, as opposed to us continually borrowing more and more money from foreigners. Then we would fund more of our own investment, instead of relying on the Chinese et al. Turning our current account deficit to a surplus, say by exporting more and importing less, would accomplish the same thing. Sorry, I promised I wouldn't bring this up again, but this is one of the reasons I disagree with you about frac'ing. Increased oil production in the USA, which has replaced imports, has reduced our current account deficit, and thus our reliance on foreigners for savings and investment.
Originally Posted by BadMan
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02-02-15 00:46 #93Senior Member

Posts: 776Badman, I share your abhorrence of crony capitalism, and believe it should be stamped out. If you're implying that the solution is taking away freedom of political speech though, I'd disagree, strongly.
Originally Posted by BadMan
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I'm looking at a list of the world's wealthiest people, some of the 80 Americans who you say have more net worth than 60% of the American population. The companies that were created and owned in part by these people include Microsoft, Berkshire Hathaway, Oracle, Walmart, Facebook, Amazon, Google, and I could go on. You appear to be saying that we would all be better off if these companies had never been created? If we had a Socialist or Communist system so that ownership would be vested in government or the people? If so how do you think these companies would have ever gotten off the ground if the first place? I suspect I'm misinterpreting what you're trying to say. Please correct me.
I'm also not sure I understand what you're trying to say about the Fed and banks. Are you advocating something like the gold standard? Or just higher capital ratios and better regulations for banks, so that presumably they won't go bankrupt and leave the taxpayer holding the bag?
Banks do not own America or control the majority of American politicians. They do control some, like Hillary Clinton.
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02-01-15 16:04 #92Senior Member

Posts: 319Rights vs rights violating
Yet when I have stated that the only legitimate purpose of government is the protection of individual rights I m berated by the leftist in the forum.
You can't have a little bit of rights violating.
Don B.
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02-01-15 15:14 #91Senior Member

Posts: 1064Political Power, vote = Tax Liability
That you for you insight as where where you believe the USA should go in terms of balancing the rights of individual citizen or residence vs the uber rich and corp rights. The framers of the USA constitution spoke of individual liberty and freedom of the individual. The USA has spent 200 years with a general set of political underpinnings. The view of the future you suggest is repulsive to many who are concerned about this misdirection. The origins of the tea party and occupy wall street share concerns about the misdirection towards basing politics upon tax liability. The tea party has been virtually coopted by the uber wealthy. The Koch brother announced this part week their budget for the next presidential election cycle. Their individual contributions are in the same range as the total spending by either the republicans or the democrats.
This type of concentration of political will is a nightmare and the end of the system of distribution of power as we have know it since the days of teddy roosevelt. We are headed back to the gilded age for whole sale political corruption is terms of the government acting for the benefit of the majority's self interest. Individuals can be manipulated by billions of dollars of public relations and propaganda. History will repeat it self as bad points out. This saddens anyone who view is about more than their individual tax bill and the next 2 years.
Maybe the USA constitution should be amended to permit business entities to have a vote. Since we only want to encourage power to big business, one vote for each ten billion dollars in net worth.
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01-30-15 04:55 #90Senior Member

Posts: 1657I do hope the average American understands that this can't last forever. Nothing lasts forever and monetary cycles have extremely short life spans. Kondratiev etc. Most Americans are willing to ride this out til the wheels fall off. They deserve what's coming to them. The rest will hedge accordingly.
56 Trillion in the stock market and the feds and their owners own more than 70% of everything. And they are buying it up with our money and using us and our future tax earnings as collateral. What a passive conquered society we are. There is no such thing as the stock market. Its all rigged. Our country isnt even ours anymore. Our Constitution has been butchered. And all we got in return is drive thru and this stupid t shirt.Central banks and government entities around the world are now dominant players in the stock market with some $30 trillion invested in equities and other assets, according to a new survey released this week offering the first comprehensive analysis of public-sector investments. About half of that is from central banks. In other words, monetary authorities, which conjure fiat currency into existence out of thin air, are using much of that funny money to gobble up real assets propping up stock prices but eroding the value of peoples savings through inflation of the currency supply. The significance of the findings is monumental.
Congrats.
http://www.thenewamerican.com/economy/markets/item/18520-central-banks-now-dominate-stock-market-study-finds
http://www.ft.com/intl/cms/s/d9dfad02-f462-11e3-a143-00144feabdc0,Authorised=false.html?_i_location=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2Fd9dfad02-f462-11e3-a143-00144feabdc0.html%3Fsiteedition%3Duk&siteedition=uk&_i_referer=http%3A%2F%2Fwww.zerohedge.com%2Fnews%2F2014-06-15%2Fcluster-central-banks-have-secretly-invested-29-trillion-market#axzz34ktExR6g
http://www.marketwatch.com/story/central-banks-becoming-major-investors-in-stock-markets-2014-06-16
http://www.secretsofthefed.com/central-banking-cartel-owns-almost-half-worlds-stock-markets/
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01-30-15 00:00 #89Senior Member

Posts: 1657Corporations can't vote? Are you kidding me. Their vote is the only vote that matters.
Corporations are owned by the banks which are owned by American oligarchs. Who do you think owns 70% of our stock market? About 80 Americans have more money than 60% of the American population. I'm sure they " earned " that money. And you want to give these 80 oligarchs tax breaks? LOL. Come on.
The banks that own the corporations that own our politicians own the country. As long as Americans keep giving away every last inch of land, every last freedom that was promised to us in the Constitution those 80+ individuals will do as they will with the country and its sedated masses.
American corruption is no different than any other form of corruption other than the fact that Americans are in denial about it. Weve had a two party corporately sponsored " democracy " for hundreds of years and we still pretend voting matters andn we live in a true democracy?
When a group of oligarchs are given the power to print money as they see fit and charge the American tax payer interest for using their own money, and then relend that money to the same tax payer for more interest and then take those deposited funds and multiply them by 10 and relend that imaginary money to other tax payers, you know the country nor its people are free. Were living in one giant ponzi. Scheme. And all the window dressing in the world can't cover up this basic truth anymore.
" Truth is treason in an empire of lies". Or we can just say conspiracy and tin foil and all is forgotten.
Originally Posted by Jackson
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01-29-15 16:47 #88Administrator

Posts: 2556
Venues: 398It's not sad to me. I've been expecting to see the "great liberal experiment" collapse under it's own excesses and the mismanagement by it's inept architects.
Originally Posted by MiamiBob
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MB, I recognize that you were disappointed at the Citizens United court decision and the resulting "super pac's gorging on money" because the American voters are now being exposed to more non-liberal points of view, but I would remind you that corporations are legal entities that cannot vote but are nevertheless required to pay taxes, a classic "taxation without representation" scenario.
If you don't want corporations pumping money into political issues, then stop taxing them. Otherwise, please accept that collective media purchases are the only method that corporations have to defend themselves against government attacks on their businesses and their income by every salivating politician and their "I want free money" constituents.
Thanks,
Jax.
P.S.: For those of you who are concerned about the impact of this on the Federal budget (liberals hereby excluded), if corporations were not taxed, their higher profits would be passed on as dividends to their stockholders who would subsequently pay more income taxes on their now higher income.
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01-29-15 13:20 #87Senior Member

Posts: 1657Not sure but by the sound of your post, I'm assuming you're fully stocked up on government kool-aid. I think you're going to need a bigger straw.
Originally Posted by WildWalleye
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01-27-15 18:31 #86Senior Member

Posts: 1889Can you still get tin foil in Bs As? I think you need a hat.
Originally Posted by Pedropolar
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01-25-15 14:19 #85Senior Member

Posts: 2730Not Suicide
It looks like it was Murder.
http://www.sfgate.com/news/world/art...es-6038002.php
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01-25-15 02:35 #84Senior Member

Posts: 30Shot point-blank in the forehead
The investigating prosecutor reported today that Alberto Nisman was shot point-blank into the forehead. Of course, they are still saying that there is no evidence that third parties were involved.
Originally Posted by Gandolf50
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Yup, people who commit suicide always shoot themselves in the forehead.
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01-24-15 16:14 #83Senior Member

Posts: 911Think about it. For once she might be right!
Originally Posted by Tres3
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01-24-15 11:51 #82Senior Member

Posts: 577CFK Confirmed that She Lives in Fantasyland
In an article in the Miami Herald, CFK now says that Nisman did not commit suicide. She now says that he was killed by a conspiracy of her political enemies who want to discredit her. Unbelievable!
Tres3.
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01-21-15 04:37 #81Senior Member

Posts: 1064Demonstration by the Casa Rosa Is Dona K finally out?
What is the word on the street in BA. On the USA tv it looks like lots of very angry folks have had it with the current president?
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01-21-15 04:22 #80Senior Member

Posts: 1064Bad we are watching the down fall of a great experiment in the USA
It's so sad. The super pac's gorging on money. The process continues to fall apart. I hope that something changes the current dirrection.


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