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    tomder55's Avatar
    tomder55 Posts: 1,742, Reputation: 346
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    #461

    Nov 28, 2011, 04:27 PM
    We haven't been a capitalist nation in over 100 years .
    talaniman's Avatar
    talaniman Posts: 54,325, Reputation: 10855
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    #462

    Nov 28, 2011, 04:56 PM
    We have never been a capitalist nation. That's just a fancy word for oligarchy, always has been. What you thought that slavery ended with the south being defeated??

    Geeez guy, all they did was take metal chains off the black people, and put green ones on everybody.

    LOL, you actually fell for that trick??
    tomder55's Avatar
    tomder55 Posts: 1,742, Reputation: 346
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    #463

    Nov 28, 2011, 06:21 PM
    I know one group that wants to put 'green ' shackles on us all.
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
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    #464

    Nov 28, 2011, 06:36 PM
    Quote Originally Posted by tomder55 View Post
    we haven't been a capitalist nation in over 100 years .
    Yes and Russia wasn't communist for 70 years. What nonsense! Of course you are a capitalist nation. It may be a little modified but it exists and is the basis of your economic system. Capitalism cannot be allowed to exist unfettered just as communism cannot be allowed to exist unfettered. Both systems impinge on the rights of individuals to a massive extent and exploit the least able to protect themselves.

    I expect you will tell me next you are not a democracy and haven't been for over 200 years. It's OK, I believe you. The question is not what form of government and organisation we have but whether it is effective. Given the current crises we observe I would say the ratings are very low and a new theorm is needed
    cdad's Avatar
    cdad Posts: 12,700, Reputation: 1438
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    #465

    Nov 28, 2011, 07:24 PM
    Quote Originally Posted by tomder55 View Post
    we haven't been a capitalist nation in over 100 years .
    Almost 100 years. The exact date is December 23, 1913.

    Just a bit more to go for that 100.
    TUT317's Avatar
    TUT317 Posts: 657, Reputation: 76
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    #466

    Nov 28, 2011, 08:32 PM
    Quote Originally Posted by califdadof3 View Post
    Almost 100 years. The exact date is December 23, 1913.

    Just a bit more to go for that 100.
    Hi Dad,

    Why that date?

    Tut
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
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    #467

    Nov 28, 2011, 08:43 PM
    Central banking system Tut the theory is that capitalism can only exst if it isn't regulated
    cdad's Avatar
    cdad Posts: 12,700, Reputation: 1438
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    #468

    Nov 28, 2011, 09:04 PM
    Quote Originally Posted by TUT317 View Post
    Hi Dad,

    Why that date?

    Tut
    That is the date the federal reserve kicked in. Since then its been a mess.
    talaniman's Avatar
    talaniman Posts: 54,325, Reputation: 10855
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    #469

    Nov 28, 2011, 09:19 PM
    Its not the system, it's the people that work the system. Say what you will about whatever they call whatever government.
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
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    #470

    Nov 28, 2011, 09:41 PM
    Tal apparently lots of people lost a lot of money in an unregulateed system so in that case the government probably did a good thing, took some of the cheat factor out
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