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tomder55 · Oct 12, 2014, 03:35 AM

The emperor's unbelievable quote of the week :"I actually believe that capitalism is the greatest force for prosperity and opportunity the world has ever known."

He doesn't believe that for one second. The rest of his speech was spend discussing the need to impose more government mandates on business.
Runner up quote is the following :“If Republicans win, we know who they’ll be fighting for,”...“Once again, the interests of billionaires will come before the needs of the middle class.”

He said that at a fundraiser hosted by billionaire" Richie Rich" Rich Richman at his $26 million estate. 26 donors paid over $32,000 each to have their picture taken with the emperor .They also paid $10,000 to have dinner with him.

He was also at a fundraiser ,(causing Barack-lock across the NYC tri-state region) ,hosted by hedge fund billionaires Paul Tudor Jones ,and George Soros at the Greenwich Polo Club.

He was also in Hollywierd this week where Gwyneth Paltrow hosted a fundraiser for him . She has the next runner up quote of the week . After she finished gushing and swooning over his good looks she said this whopper : “It would be wonderful if we were able to give this man all of the power that he needs to pass the things that he needs to pass.”
The celebs love socialist ...ooops I mean 'progressive' dictators .

paraclete · Oct 12, 2014, 04:46 AM

Oh that's right there is an election happening in the good ole US of A (when is there an election not happening in the good ole US of A, the state of paralysis) but I digress. It is apparent that the POTUS cannot cut bait and fish let alone speak out of the right side of his mouth.

Is Gwyneth even an american?

I think I'll take a week off. nothing will happen in that time.

talaniman · Oct 12, 2014, 06:38 AM

"Why can't capitalism work for EVERYBODY, and not JUST the 1%?" - T

tomder55 · Oct 12, 2014, 11:07 AM

it does .But if the emperor speaks favorably of capitalism ,it is in it's ability to be a tool for government growth . Please note how often he makes this case in front of rent seeking crony capitalists .Please note how often he touts this jobless and income stagnant recovery (which is actually the weakest in history including after the Great Depresssion). He caters to the corporate fat cats ;don't you see that yet ?

paraclete · Oct 12, 2014, 01:17 PM

Capitalism works when capitalists invest, when this doesn't happen governments must invest and that is called socialism. You cannot blame the government for what the capitalists will not do, you have had the greatest stimilus in history and you cannot buy growth, that has got to tell you something, there are limits to growth and growth above population growth is not sustainable. Capital has fled western countries in favour of low wage cost countries, the day of the free lunch is over and no amount of talk will change anything, but you can have a military led recover, it is staring you in the face, the war on terror is not over, it has only just begun but your technology won't win it for you, only the hard slog of the grunt will win it for you

tomder55 · Oct 13, 2014, 03:00 AM

"You cannot blame the government for what the capitalists will not do,"

of course you can . Government polices are very determinative on how businesses will act.

"you have had the greatest stimilus in history and you cannot buy growth, that has got to tell you something"

pump priming is a failed Keynesian multiplier notion . How often does that need to be demostrated ?

"Capital has fled western countries in favour of low wage cost countries"

Capital fled countries with punitive tax polices.

"but you can have a military led recover, it is staring you in the face, the war on terror is not over, it has only just begun but your technology won't win it for you, only the hard slog of the grunt will win it for you " .

More government command and control nonsense. Economic growth requires good spending, not more spending.World War II did not end the Depression. Yes when the government puts over 7 million people in uniform and hires even more support personnel then it will have an effect on unemployment .

However ,war time prosperity was an illusion, with non-government GDP growth slowing. Total national wealth flatlined and the people still had to deal with rationing and poor consumer choice. Only when private capital investment soared after the war were we truly out of the Depression. Of course it certainly helped that businesses were no longer subject to the almost daily assault and restraints on them by the Roosevelt Adm.

talaniman · Oct 13, 2014, 06:47 AM

LOL, Tom, you complain of government policy, and regulations, while profits for the investor class are through the roof, yet they holler it's not enough. They (and you) holler the tax rate is too high, yet none pay it, and haven't for decades.

Those are the actions of capitalists addicted to capitalism, be it in war, or peace, they can't tell the difference.

tomder55 · Oct 13, 2014, 07:59 AM

I couldn't care less about the investor class. I care about the competitiveness of American businesses ;and it is undeniable that government policies make them uncompetitive in the world market place.
Bono: controversial tax laws have brought Ireland the only prosperity it has ever known | World news | The Observer

paraclete · Oct 14, 2014, 05:33 AM

Of course you are uncompetitive you sold out you manufacturing capacity to china.stop whining about lost opportunities and realise some of your competitive advantage in industries where you still have it

talaniman · Oct 14, 2014, 06:50 AM

Not surprising conservative capitalists blame government when corporate greed is running high, but not high enough.

tomder55 · Oct 14, 2014, 09:19 AM

Actually in some key sectors we still are still competitive and lead the world market . But where we have lost our edge ,the government is complicit in the decline.
When we get a government that is willing to exploit the energy revolution ,brings tax rates down to world rates ,realizes that the currency should be strong ,and stops running up the debt beyond reason ,then perhaps we will become competitive again

paraclete · Oct 16, 2014, 02:27 AM

Flying pigs are scarse this year

tomder55 · Oct 18, 2014, 01:16 AM

the proof is in the decline in the price of oil on the world market at a time when the Levant is aflame . What is causing the decline ? Certainly not a stable world . It is not a strengthening of the dollar (although that would certainly assist ) . It is the energy revolution called fracking .

talaniman · Oct 18, 2014, 04:50 AM

Who is standing behind declining oil prices? - English pravda.ru

"The fact that the price on crude oil continues to fall on the world market - is a positive phenomenon for the United States. The country has significantly increased production in Texas and North Dakota, and became one of the main reasons for the drop in the prices on raw materials, - Associate Professor of the St.Petersburg State University, PhD, consultant of the Public Chamber of the Russian Federation, Igor Khvalynsky told Pravda.Ru. - The United States is about to catch up with Saudi Arabia in terms of oil output, for the first time in about a quarter of a century. It is worth pointing out the reasonable economic policy of the USA, in contrast to many of its political quirks. Many criticize America, but the fact remains the same: due to the oil lobby in the Congress, the ban on the export of raw materials from the United States is a matter of the past. And that's why the prices on a barrel of oil drop. The US ships oil to South Korea already, and the Americans can sell their oil to Europe too.

I am agreeing with you Tom, in case you are wondering :D

paraclete · Oct 18, 2014, 02:58 PM

Supply controls oil prices Tom

tomder55 · Oct 19, 2014, 01:35 AM

yes and US domestic production has been the key difference . (no thanks to the emperor who still throws road blocks into the domestic production ) .
Next year when both Houses of Congress are united under Repubic leadership ,they should send a bill to the emperor in the first 60 days that :
1. opens up Federal lands for exploration and production
2. end the petroleum export ban
3. complete the Keystone pipeline.

paraclete · Oct 19, 2014, 02:15 PM

And quess who will use his power of veto.