Russia (Union of Soviet Socialist Republics.), China, Cuba and Nazi Germany were all socialists.
Yeah you pick your friends well.
Do you not realize what socialism is or leads to?
Perhaps you just like the fairytale spin that socialists use to convince ignorant people to jump on board.
So everyone knows THOSE are the countries they are saying we should be like when they say we should be socialist.
Just because capitalism is being abused by wall street as well was our government doesn't mean it's bad. It definately doesn't mean you do the opposite thing in response. If you are having trouble fixing someones heart you don't just smash it instead.
Yes both wall street and the government are abusing our free market. It's free....freedom gets abused. We didn't start off with all the laws and regulations we have today in society in the beginning. We looked at where the problems were and corrected them with laws and regulations.
The left wing says tear it down....the right wing says No! Let them do ANYTHING they want.
Those are both really really stupid Ideas. Stop and think for a second.....where did T.V. come from? Computers? Heart surgery? What country harnest electricity? What country made the car? Our country attracted the best of everyone across the world. We attracted the bold daring people that had big Ideas.
They fled their socialist countries to come here and flourish. Freedom to grow is what made all these things possible.
Ask yourself why it was America that led the way in almost everything in the past century?
Americans aren't a genetic race like most other countries. So it's not the race. It's the country itself. It was our freedom. There was no limit to what we could achieve becuase there was nothing in our way.
The problem with wallstreet is the problem with socialism. They both are trying to control the wealth in different ways. One group hordes it and manipulates it. Another steals and distributes it.
Huge company's have so much money they have the power to influence the law makers to be create an environment that yields maximum profits for minimal investments.
It's an indirect form of governing. An environment that doesn't promote a productivity based economy but a speculative based economy.
There are actually a few different markets
Speculative and financial are the two main kind however financial markets include stocks and bonds, currency markets, commodity market, and futures markets.
Most of our countries wealth is actually tied in the futures market....you'd hope actual commodities should be the biggest but it's not. http://en.wikipedia.org/wiki/Prediction_market http://en.wikipedia.org/wiki/Financial_market
Heres the thing. Stocks aren't the same as a company's actual current value. It's the value that investors "expect" it to be. That by itself allows for alot of manipulation. You could be trading stock for a worthless company at 100 dollars per share in theory. That isn't a reflection of capitalsm. It's a reflection of criminalism.
They are abusing the free market system the same way criminals abuse the free society system we live in.
Just something to think about.