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Old 05-20-2025, 11:58 AM   #1
eccieuser9500
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Default Hope you crybabies don't lose it over this "threat"

Capitalism is dead. U.S. exceptionally is dead. Deal with it!





Quote:
Originally Posted by lustylad View Post
Sorry if this discussion bores me. I started a thread on the historical failure of socialism and instead of trying to refute anything in that thread, the OP starts a completely new thread with the ridiculous title of "Capitalism Has Failed".

The OP finds it difficult to articulate his arguments, such as they are, so he posts links instead. It's obvious he lacks any background in economics.

Our economy is cyclical. Always has been, always will be. Every time the capitalist engine sputters, you will see idiots leap out and claim it's time to pursue an alternative socialist agenda! I don't have a problem with intelligent critics of capitalism who understand its inner workings and seek to curtail its excesses and correct its flaws - Keynes was one of them. I do have a problem with socialist-dirigiste assholes who hide in the bushes while the economy is steaming ahead and bide their time until the next recession, when they suddenly jump out and scream "ah ha, gotcha! - this proves capitalism doesn't work!" instead of explaining it is part of the normal cyclical dynamic by which a free economy pauses and rebalances itself, before surging ahead to ever-higher levels of wealth and output.





Who will be the next far-left opportunist asshole to follow in Rahm Emmanuel's footsteps when the economy experiences another temporary downturn?

"You never want a crisis to go to waste!"





I miss Milton Friedman! He could write and speak dense, quantitative economics with the best of his peers, then turn around and explain everything to the layman in simple, understandable terms. Even someone as clueless as Phil Donahue!





That video is now 40 years old. It pains and frustrates me that we have to keep replaying it over and over again. Socialists are like cockroaches. You can flush them down the toilet and they will swim back up.

As I said, I'm bored with hearing the same nonsense from the left. I'm tired of debunking idiots like Bernie Sanders who don't understand - and never had any desire to understand - simple economics and the historical, empirically proven lessons of Wealth Creation 101.
UnitedHealth Stock Gains Again. What to Do After the Rally.

https://www.barrons.com/articles/unh...-news-5c17bd98

Quote:
Of course, it will take time for UnitedHealth to show that it can repair the damage that has been done. Not everyone thinks it can, especially if it is looking to the past for the way forward.

For now, the healthiest course is probably just sitting back and watching.
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Old 05-20-2025, 02:13 PM   #2
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What a joke.
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Old 05-20-2025, 04:14 PM   #3
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Big joke alright.

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Old 05-20-2025, 07:58 PM   #4
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This thread, and the left as a whole, is a joke. Capitalism isn't dead. US exceptionalism isn't dead. And they never will be. No matter how much the left wants to kill them
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Old 05-20-2025, 08:20 PM   #5
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OP is spot on.

You said you hope they wouldn't lose it. But they did.
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Old 05-20-2025, 08:49 PM   #6
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I never thought I'd agree with Richard Wolff on ANYTHING. But he's spot on, in the first two minutes of the video anyway. I'm sure I'd find a lot to call bull shit on if I just kept watching, but I'm too tired tonight.

Did you catch this in Nobel-Prize-Winner Milton Friedman's commentary?

"The only instances in which the masses have escaped from the grinding poverty you're talking about, the only cases in recorded history, are where they had capitalism and largely free trade."
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Old 05-20-2025, 09:01 PM   #7
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Quote:
Originally Posted by Tiny View Post
I never thought I'd agree with Richard Wolff on ANYTHING. But he's spot on, in the first two minutes of the video anyway. I'm sure I'd find a lot to call bull shit on if I just kept watching, but I'm too tired tonight.

Did you catch this in Nobel-Prize-Winner Milton Friedman's commentary?

"The only instances in which the masses have escaped from the grinding poverty you're talking about, the only cases in recorded history, are where they had capitalism and largely free trade."
So true. I’ve been thinking about the effects of the tariffs. If they stick around how will that affect the business of used products. Will this provide a boost to sites like ebay or thrift stores like goodwill and potentially pawn shops?

A 30 percent tariff might make refurbished items a cheaper alternative to buying new from overseas. Perhaps used furniture as well?

Maybe Amazon will add a refurbished category for their products?

An example of capitalism in action being influenced by artificial trade barriers.
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Old 05-21-2025, 03:38 AM   #8
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Quote:
Originally Posted by txdot-guy View Post
So true. I’ve been thinking about the effects of the tariffs. If they stick around how will that affect the business of used products. Will this provide a boost to sites like ebay or thrift stores like goodwill and potentially pawn shops?

A 30 percent tariff might make refurbished items a cheaper alternative to buying new from overseas. Perhaps used furniture as well?

Maybe Amazon will add a refurbished category for their products?

An example of capitalism in action being influenced by artificial trade barriers.

The tariff issue just shows how uninformed most here are about trade issues. I don't even know much except there are a lot of none monetary trade restrictions on Ag products. They just keep getting piled on slowly over the last 30 years. Every industry has different issues.


The U.S. has tried to go to world courts to get the trade restrictions overturned, but the world is not about free trade, but transferring to poor countries.
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Old 05-21-2025, 08:19 AM   #9
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Quote:
Originally Posted by txdot-guy View Post
So true. I’ve been thinking about the effects of the tariffs. If they stick around how will that affect the business of used products. Will this provide a boost to sites like ebay or thrift stores like goodwill and potentially pawn shops?

A 30 percent tariff might make refurbished items a cheaper alternative to buying new from overseas. Perhaps used furniture as well?

Maybe Amazon will add a refurbished category for their products?

An example of capitalism in action being influenced by artificial trade barriers.
Wanna see their heads explode?

Reuse, renew and recycle is part and parcel of the Green New Deal. Buying used and refurbished certainly follows those tenets.

Trumps tariffs, as you suggested, may actually be playing into "the leftist" hands. AOC and Bernie will thank him on the inauguration stand.

Yow!
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Old 05-21-2025, 03:29 PM   #10
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Talking

T minus one hour to delete the above or take points.

Quote:
Originally Posted by Tiny View Post
I never thought I'd agree with Richard Wolff on ANYTHING. But he's spot on, in the first two minutes of the video anyway. I'm sure I'd find a lot to call bull shit on if I just kept watching, but I'm too tired tonight.

Did you catch this in Nobel-Prize-Winner Milton Friedman's commentary?

"The only instances in which the masses have escaped from the grinding poverty you're talking about, the only cases in recorded history, are where they had capitalism and largely free trade."
When businesses lend the government money, the government doesn't tax them. Vicious and dirty laundry cycle.


Quote:
Originally Posted by farmstud60 View Post
The tariff issue just shows how uninformed most here are about trade issues. I don't even know much except there are a lot of none monetary trade restrictions on Ag products. They just keep getting piled on slowly over the last 30 years. Every industry has different issues.


The U.S. has tried to go to world courts to get the trade restrictions overturned, but the world is not about free trade, but transferring to poor countries.
The uninformed, misguided and misled know one thing for sure; the price better be right! You raise people's taxes, they get pissed. Dumpster straight up lied and you eat it all up.

Tarrifs are an import tax. Paid by the company. Passed down to the consumer. Crony Capitalism killed itself and our economy.



My point about UnitedHealth was that we are on life support as a country. Dumpster is burning the candle at both ends. More light. More heat.

Half the time. If it's not dead, the power is running out on the device keeping capitalism breathing.

Like the UnitedHealth stock holders, we all just have to wait.
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Old 05-21-2025, 03:36 PM   #11
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Quote:
Originally Posted by txdot-guy View Post
So true. I’ve been thinking about the effects of the tariffs. If they stick around how will that affect the business of used products. Will this provide a boost to sites like ebay or thrift stores like goodwill and potentially pawn shops?

A 30 percent tariff might make refurbished items a cheaper alternative to buying new from overseas. Perhaps used furniture as well?

Maybe Amazon will add a refurbished category for their products?

An example of capitalism in action being influenced by artificial trade barriers.

Thank you for your thoughts. The after-market market. Used goods stores are going to surge in demand. I didn't even think of that.

If the goods are already here, just refurbish. I worked for a "refurbishment" company selling electronics and appliances.

Turn the economy into a Goodwill economy. Nice!
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Old 05-21-2025, 09:32 PM   #12
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Quote:
Originally Posted by eccieuser9500 View Post
Capitalism is dead. U.S. exceptionally is dead. Deal with it!






UnitedHealth Stock Gains Again. What to Do After the Rally.

https://www.barrons.com/articles/unh...-news-5c17bd98




your amusing disgust with capitalism is nothing compared to your fanboy love of all things socialism.


name one example of socialism succeeding. otherwise i'll stick with Gordon Gecko



https://www.youtube.com/watch?v=PF_iorX_MAw



BAHHAHAAA


Quote:
Originally Posted by Yssup Rider View Post
OP is spot on.

You said you hope they wouldn't lose it. But they did.

also provide the benefits of socialism or the evils of capitalism ..



capitalism will still win


Quote:
Originally Posted by Tiny View Post
I never thought I'd agree with Richard Wolff on ANYTHING. But he's spot on, in the first two minutes of the video anyway. I'm sure I'd find a lot to call bull shit on if I just kept watching, but I'm too tired tonight.

Did you catch this in Nobel-Prize-Winner Milton Friedman's commentary?

"The only instances in which the masses have escaped from the grinding poverty you're talking about, the only cases in recorded history, are where they had capitalism and largely free trade."

Wolff does have a point but after that he goes into a far left open borders rant. i bet if you watch more he'll eventually endorse more Gov spending to "Fix the broken Capitalist economy"


Nonsense


Quote:
Originally Posted by Yssup Rider View Post
Wanna see their heads explode?

Reuse, renew and recycle is part and parcel of the Green New Deal. Buying used and refurbished certainly follows those tenets.

Trumps tariffs, as you suggested, may actually be playing into "the leftist" hands. AOC and Bernie will thank him on the inauguration stand.

Yow!

you do know large scale recycling has been going on across the US for decades now, yeah?



oh and renewables like solar and wind have proven difficult to recycle.
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Old 05-21-2025, 09:48 PM   #13
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Quote:
Originally Posted by The_Waco_Kid View Post
you do know large scale recycling has been going on across the US for decades now, yeah?
Do you know how much of the recycling in the US gets moved around the world. Reciprocal tariffs mean that more waste will be dumped, burned, or destroyed here in the US rather than actually being recycled. If it actually does get recycled the processing will be much more expensive than it is now.

Capitalism doesn’t deal well with waste. There is no profit in dealing with it safely. That is why the government is needed to deal with the consequences of unfettered capitalism.
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Old 05-21-2025, 10:00 PM   #14
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Quote:
Originally Posted by txdot-guy View Post
Do you know how much of the recycling in the US gets moved around the world. Reciprocal tariffs mean that more waste will be dumped, burned, or destroyed here in the US rather than actually being recycled. If it actually does get recycled the processing will be much more expensive than it is now.

Capitalism doesn’t deal well with waste. There is no profit in dealing with it safely. That is why the government is needed to deal with the consequences of unfettered capitalism.

while high end materials for solar and wind do pose recycling issues .. and thus aren't profitable a lot of wind turbine blades are simply being buried in landfills. and if solar panels are sold off as scrape why is that a problem? ideally the costs should be recouped as much as possible and overall they are. mass recycling of metal, glass, plastic and paper have been successful and profitable for decades.



Capitalism at work!
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Old 05-22-2025, 11:58 AM   #15
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Quote:
Originally Posted by txdot-guy View Post
Do you know how much of the recycling in the US gets moved around the world. Reciprocal tariffs mean that more waste will be dumped, burned, or destroyed here in the US rather than actually being recycled. If it actually does get recycled the processing will be much more expensive than it is now.

Capitalism doesn’t deal well with waste. There is no profit in dealing with it safely. That is why the government is needed to deal with the consequences of unfettered capitalism.
Quote:
Originally Posted by The_Waco_Kid View Post
while high end materials for solar and wind do pose recycling issues .. and thus aren't profitable a lot of wind turbine blades are simply being buried in landfills. and if solar panels are sold off as scrape why is that a problem? ideally the costs should be recouped as much as possible and overall they are. mass recycling of metal, glass, plastic and paper have been successful and profitable for decades.



Capitalism at work!
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