The Solution to our Current Economic Crisis

Fudd

Banned
Apr 30, 2004
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The solution to our current economic crisis is staring us in the face.

And thats for governments to instead cut taxes for the rich is to increase taxes on the rich and distribute it to the lower income population. The poor would spend the money of essential needs such as food, clothing and shelter. In that way it will stimulate the economy.

Harper also made a very critical mistake of cutting the GST. That 2% could have been used to provide essential social services for people. The goverment needs to stop waiting money on unimportant things like supporting the occupation in Afganistan and the military and spend money on helping its own population.

Centralizing control af various economic industries would also help. Having one entity make critical decissions on matters such as banking, food production, energy would be more efficient than having private industry do thing soley for profit motivations.

Take a look at how Chavez nationalized the oil industry in his country so that things run more efficiently and better yet everybody gets a fair share of the pie.

I see in the US, the government have already figured things out. The have already partially nationalized certain institutions and exercise more control over the decissions. Take a look at how they have taken control of Fannie and Freddie who hold the mortgages of millions of Americans. In that manner they can help manny that are having trouble paying there mortgages keep there houses. When Obama takes control in January he will beable to make more changes for the better such as universal health care, icreasing taxes on the wealthy to help the poor and more nationalzation of major industries.

The list of solutions are endless, but people have to accept changes have to be made. The world just can't keep funtioning on an uncontrolled economic system based on profit and greed. The Capitalist system finally proven to be a complete failure.
 

jackcb

New member
Aug 30, 2008
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The solution to our current economic crisis is staring us in the face.

And thats for governments to instead cut taxes for the rich is to increase taxes on the rich and distribute it to the lower income population. The poor would spend the money of essential needs such as food, clothing and shelter. In that way it will stimulate the economy. More beer money!!!

Harper also made a very critical mistake of cutting the GST. That 2% could have been used to provide essential social services for people. The goverment needs to stop waiting money on unimportant things like supporting the occupation in Afganistan and the military and spend money on helping its own population. The current situation was born out of the economic cutbacks and spending choices of the 80s recession. Pulling out before the job is done is not an option, lest we create a new taliban for the next generation to face

Centralizing control af various economic industries would also help. Having one entity make critical decissions on matters such as banking, food production, energy would be more efficient than having private industry do thing soley for profit motivations.Crown corporations don't always make a profit and sometimes are more dead weight then they should be. However governments should have a stake in major industries and corporations and have an influence in how the business is run, much like shareholders.

Take a look at how Chavez nationalized the oil industry in his country so that things run more efficiently and better yet everybody gets a fair share of the pie. Fair slice of the pie possibly, but more efficient? I doubt that. Its simply tighter control and less foreign influence

I see in the US, the government have already figured things out. The have already partially nationalized certain institutions and exercise more control over the decissions. Take a look at how they have taken control of Fannie and Freddie who hold the mortgages of millions of Americans. In that manner they can help manny that are having trouble paying there mortgages keep there houses. When Obama takes control in January he will beable to make more changes for the better such as universal health care, icreasing taxes on the wealthy to help the poor and more nationalzation of major industries.

The list of solutions are endless, but people have to accept changes have to be made. The world just can't keep funtioning on an uncontrolled economic system based on profit and greed. The Capitalist system finally proven to be a complete failure.
No offense, but you need to check your spelling next time. But you do have a point about capitalism failing. Mostly because the greed of a few, tends to overlook the welfare of the whole. Capitalism has its benefits, but it needs checks and balances.
 

FunSugarDaddy

New member
Aug 15, 2008
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Easiest way to get out of this mess is for all of us to keep spending. Governments are merely trying to put a bandage on this crisis, they certainly don't have the economic power to solve it.

Collectively it's all of us, and it requires that we change our psychology from a negative to a positive outlook, and start spending again. Until that happens, no amount of government help is going to solve this crisis.
 

Ray

Well-known member
Dec 21, 2005
1,264
362
83
vancouver
And thats for governments to instead cut taxes for the rich is to increase taxes on the rich and distribute it to the lower income population

Every country that tried communism has faced economic collapse.

The poor would spend the money of essential needs such as food, clothing and shelter.

No evidence of that. The poor are usually poor because of poor decision making skills.

Centralizing control af various economic industries would also help.

Centralizing industries is the most inefficient way of doing something. Especially if it is run by the government.
Again, look at all the countries that were under the Soviet Bloc, China, North Korea,...

Having one entity make critical decissions on matters such as banking, food production, energy would be more efficient than having private industry do thing soley for profit motivations.

Again, communist countries have all collapsed.
Doing something for profit is the most efficient way of doing things.

Take a look at how Chavez nationalized the oil industry in his country so that things run more efficiently

You'd better take another look at Venezuela's economy.
30% inflation is not what I would consider 'rosy'.

http://www.economist.com/countries/Venezuela/profile.cfm?folder=Profile-Economic Data

The Capitalist system finally proven to be a complete failure.

Failure? What is the unemployment rate in the US?
And Inflation?

A number of corporations have failed because they GAMBLED and lost.
A number of other companies, namely the automotive sector, is going to fail because they produce products that people don't want, at prices that people aren't willing to pay.

This is the success of capitalism. Supply and demand. Other companies have failed before them. Nash, Deusenburg, others got bought out and amalgamated.

Life goes on.
 

ChineseDude

Banned
Feb 7, 2008
276
0
0
And thats for governments to instead cut taxes for the rich is to increase taxes on the rich and distribute it to the lower income population

Every country that tried communism has faced economic collapse.

The poor would spend the money of essential needs such as food, clothing and shelter.

No evidence of that. The poor are usually poor because of poor decision making skills.

Centralizing control af various economic industries would also help.

Centralizing industries is the most inefficient way of doing something. Especially if it is run by the government.
Again, look at all the countries that were under the Soviet Bloc, China, North Korea,...

Having one entity make critical decissions on matters such as banking, food production, energy would be more efficient than having private industry do thing soley for profit motivations.

Again, communist countries have all collapsed.
Doing something for profit is the most efficient way of doing things.

Take a look at how Chavez nationalized the oil industry in his country so that things run more efficiently

You'd better take another look at Venezuela's economy.
30% inflation is not what I would consider 'rosy'.

http://www.economist.com/countries/Venezuela/profile.cfm?folder=Profile-Economic Data

The Capitalist system finally proven to be a complete failure.

Failure? What is the unemployment rate in the US?
And Inflation?

A number of corporations have failed because they GAMBLED and lost.
A number of other companies, namely the automotive sector, is going to fail because they produce products that people don't want, at prices that people aren't willing to pay.

This is the success of capitalism. Supply and demand. Other companies have failed before them. Nash, Deusenburg, others got bought out and amalgamated.

Life goes on.
See, this is the problem, we ain't even talking about communism, and once socialism is brought up, rich motherfuckers start calling communism out like its a disease.

Our fellow revolutionary Hugo is not doing so good, yes. But I just don't see capitalism staying here long. Wage slavery will eventually cause citizens of the world to revolt, just a matter of when. Through out human history, we had feudalism, oilgarchy, colonialism, all this bullshit. Yes even socialism, Revolution is just a tool to redistribute the wealth. At last the rich will get richer through peaceful times, and the dumb gets dumber.

I have nothing but love and respect for those who sacrifice their life for a cause. He/she could have been pooning, getting high, or making mad money. But no, he/she decided to save the world, which would still be infested with rats/evil. The world is too fucked up for a change.

God damn I am writing in circles...and I am guilty of materialism...
 
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Fudd

Banned
Apr 30, 2004
1,037
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See, this is the problem, we ain't even talking about communism, and once socialism is brought up, rich motherfuckers start calling communism out like its a disease.

Our fellow revolutionary Hugo is not doing so good, yes. But I just don't see capitalism staying here long. Wage slavery will eventually cause citizens of the world to revolt, just a matter of when. Through out human history, we had feudalism, oilgarchy, colonialism, all this bullshit. Yes even socialism, Revolution is just a tool to redistribute the wealth. At last the rich will get richer through peaceful times, and the dumb gets dumber.

I have nothing but love and respect for those who sacrifice their life for a cause. He/she could have been pooning, getting high, or making mad money. But no, he/she decided to save the world, which would still be infested with rats/evil. The world is too fucked up for a change.

God damn I am writing in circles...and I am guilty of materialism...
Yep, I get that a lot. Whenenver I start about tyhe benifits of socialist system, I get accussed of being a Communist. I have a lot of friends that are Marxist Lenninists and I do see similar ideology but some things I disagree with.
 

Georgieboy69

New member
Oct 2, 2008
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Yep, I get that a lot. Whenenver I start about tyhe benifits of socialist system, I get accussed of being a Communist. I have a lot of friends that are Marxist Lenninists and I do see similar ideology but some things I disagree with.

The bottom line is this... If everyone keeps spending the economy will continue to roll along. Capitalism has been around since the beginning of time, and will prosper again.

I find it hilarius that when there is a downturn in the economy the people who think capitalism is bad come out in droves. Yeah that's it TAX the rich more so they have less money to spend like that's going to work!!! I don't think so.

I for one am not rich but am in the upper middle class, and believe that if we all go out and continue to spend what we can afford everything will be OK. The economy in Manitoba is strong and will be OK over this storm.
 

tedsweettangv

Active member
May 5, 2006
731
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Vancouver
You don't make the poor rich by making the rich poor.

Every dollar you tax is another dollar that DOESN'T go to investment and making jobs. It goes to being pissed down a hole. The government in inefficient and can only serve the lowest common denominator. There is a reason the system you are advocating has been abandoned in Russia and China.
 

Ray

Well-known member
Dec 21, 2005
1,264
362
83
vancouver
Yep, I get that a lot. Whenenver I start about tyhe benifits of socialist system, I get accussed of being a Communist.

I'm shocked that you get that a lot. Maybe get an economics refresher so you know what you're talking about?

Canada has a socialist welfare, education, and healthcare system. As do most western countries. Socialism hasn't bankrupted us.
What you're proposing is communism, which is when you take away from those that have more and give it to the have-nots who haven't worked for it.
This has led to economic collapse of every nation that tried it.

Funny thing is, I was going to mention Adam Smith as well. But not the burrito.
The capitalist economic theory is mathematically sound.
Adam Smith proved it.
 

Krustee

Banned
Nov 9, 2007
1,554
11
0
The solution to our current economic crisis is staring us in the face.

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Take a look at how Chavez nationalized the oil industry in his country so that things run more efficiently and better yet everybody gets a fair share of the pie.
Are you freaking NUTS????

The "pie" isn`t shared with the people, Chavez is a DICTATOR!!

Are you so blind that you can`t see that?


I see in the US, the government have already figured things out. The have already partially nationalized certain institutions and exercise more control over the decissions. Take a look at how they have taken control of Fannie and Freddie who hold the mortgages of millions of Americans.
... he will beable to make more changes for the better such as universal health care, to help the poor and more nationalzation of major industries.
For Christ sakes Fudd, you must be insane!

Tell me what "institutions" have been "partially" nationalized.

Here`s a hint;
NONE!

i swear to everyone here if you can prove there was a "institution" nationalized "partially" I`ll cut you a check for $1000.

Take a look at how they have taken control of Fannie and Freddie who hold the mortgages of millions of Americans.
How they have taken control of Fannie & Freddie????
Fudd - do you even know what Fannie & Freddie are?

Try reading this:
https://perb.cc/vbulletin/showthread.php?p=804259#post804259

The list of solutions are endless, but people have to accept changes have to be made. The world just can`t keep funtioning on an uncontrolled economic system based on profit and greed. The Capitalist system finally proven to be a complete failure.
Capitalism a failure huh?

You just lived through 17 years of the greatest universal wealth the world has known & you call this down turn a sign that capitalism is a failure.

The only failure here is your ability to understand economics & common sense.

Sorry Fudd but you need to wake up from the stupor or dream or whatever it is your going through.

:rolleyes:
 
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