Help Responding to Those in Favor of Fannie & Freddie Takeover...
- Thread starter inflamesdjk02
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Paulitician
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- Jul 21, 2007
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You're arguing with fascists.
inflamesdjk02
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- Oct 17, 2007
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I really would like to hammer it home to these clowns.
This statement is pretty much their last stand:
"a collectivist system requires collective responsibility, ownership, work and sharing of profits/resources/services. The US may have a huge federal budget but it isn't a collectivist system. Most of us don't have any real role in its decision making process so we are not part of the collective. I understand your frustration with government financial bailouts, but calling them socialist or collectivist is inaccurate. Most Americans who use socialist, communist, etc... in political arguments have no understanding of these theories and practices in either their economic or social organization sense.
Calling bailouts like this socialist is a distraction and confuses people from what is really going on, the incredibly wealthy owners/bankers/heirs/execs colluding with their allies and clients in government to keep their assets when things get screwed up. We don't expect them to share their profits with the public when they make billions, so why are we covering their losses when it collapses?
Of course, if we don't bail them out we have a major economic crisis. This is evidence of an economic system (American capitalism) that is structurally unsound. It has basically nothing to do with socialism other than each system having a big government involved in their economy."
How to respond??? (Please!)
This statement is pretty much their last stand:
"a collectivist system requires collective responsibility, ownership, work and sharing of profits/resources/services. The US may have a huge federal budget but it isn't a collectivist system. Most of us don't have any real role in its decision making process so we are not part of the collective. I understand your frustration with government financial bailouts, but calling them socialist or collectivist is inaccurate. Most Americans who use socialist, communist, etc... in political arguments have no understanding of these theories and practices in either their economic or social organization sense.
Calling bailouts like this socialist is a distraction and confuses people from what is really going on, the incredibly wealthy owners/bankers/heirs/execs colluding with their allies and clients in government to keep their assets when things get screwed up. We don't expect them to share their profits with the public when they make billions, so why are we covering their losses when it collapses?
Of course, if we don't bail them out we have a major economic crisis. This is evidence of an economic system (American capitalism) that is structurally unsound. It has basically nothing to do with socialism other than each system having a big government involved in their economy."
How to respond??? (Please!)
If you do bail them out, you teach other companies to think that "oh, it's okay to give credit out with ease" and if they fail, they can just have the government to bail them out. In the end, you'd still have the economic collapse due to others doing the same thing with the assurance that the government would just bail them out because they're "too big to fail".
On the other hand, if you let the collapse occur, you'd clean the market of its impurities, all the big companies will use fannie mae / freddie mac as an example that they shouldn't do xyz or else they'll fail miserably, so it's a win win after the collapse is over.
We as people learn from our mistakes, right?
Also, if we never bailed out companies and we rid ourselves of the federal reserve, we wouldn't have these bubbles in the first place.
On the other hand, if you let the collapse occur, you'd clean the market of its impurities, all the big companies will use fannie mae / freddie mac as an example that they shouldn't do xyz or else they'll fail miserably, so it's a win win after the collapse is over.
We as people learn from our mistakes, right?
Also, if we never bailed out companies and we rid ourselves of the federal reserve, we wouldn't have these bubbles in the first place.
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