Big Business & Big Government vs. the People

The elites of both parties swill the corporate hogs.

http://www.salon.com/2009/01/17/sirota_2/

http://www.rollingstone.com/politics/news/the-great-american-bubble-machine-20100405

http://www.judicialwatch.org/blog/2011/11/corruption-scandals-caught-barney-frank/

http://www.cato.org/policy-report/julyaugust-2006/big-business-big-government

http://www.wsj.com/articles/questio...-escalate-to-insider-trading-probe-1443650303

Insider trading, corporate welfare, predatory lending, financial bubbles - all great ways to rob the people.

 

http://dailycaller.com/2015/01/20/reminder-income-inequality-got-worse-under-obama/

 

Well, how you get rid of this is make a free market. A market freed from the state and from capitalism is the answer. Then people are free. Problem solved.

 

Sorry but it doesn't work like that that.

Big business and governments both emerged from the free market. It spawned them both. Make a free market and you will make a prize worth controlling.
People are not free and markets are not free and no matter what you do, people will always try and force each other into things.
A free market has no policeman. Awash with thieves, the marketeers move to a market that has police or indeed, hire some. Rules are needed. Protection is needed. No market can operate without them. They are fundamental to the system.

There is no free market, there has never been a free market and there never will be. It's a ideological concept not a historical event.

 

Our rotten & rancid elites:

http://www.valuesandcapitalism.com/how-sheldon-silvers-scandal-reveals-albanys-corruption/

http://freebeacon.com/politics/trial-lawyers-spend-big-on-democrats/

http://www.nj.com/news/index.ssf/2009/07/massive_nj_corruption_sting_ta.html

https://www.huffingtonpost.com/john-w-moscow/pension-fund-scandal-leniency_b_883003.html

https://object.cato.org/sites/cato.org/files/pubs/pdf/PA703.pdf

 

More corruption:

https://www.haaretz.com/world-news/u-s-election-2016/1.706420

http://www.nytimes.com/1987/12/19/b...ed-to-3-years-in-jail-in-insider-scandal.html

http://www.breitbart.com/big-govern...company-to-bag-1-billion-for-government-deal/

http://theweek.com/articles/693488/google-monopoly--crushing-internet

https://finance.yahoo.com/news/doctors-nurses-charged-massive-900-105100824.html

 

From overseas:

http://mondoweiss.net/2016/12/arrests-alleged-corruption/

https://qz.com/143017/beijing-goes-hunting-for-overseas-real-estate-by-corrupt-officials/

https://www.democracynow.org/2004/11/9/confessions_of_an_economic_hit_man

 

More corruption:

http://www.allgov.com/usa/ca/news/w...c-fine-ends-up-costing-549-130926?news=851230

https://nypost.com/2017/01/09/boom-times-for-the-teachers-union-even-as-more-schools-fail/

https://www.forbes.com/sites/ccap/2...t-pay-continues-to-rise-rapidly/#ae9ff8f2dcd9

http://www.breitbart.com/big-govern...ly-pricing-explains-health-care-merger-mania/

https://mises.org/library/understanding-federal-reserve’s-shell-game

 

The politicians pile up complex regulations and taxes and then offer relief - for a price.

 

a free market is when all transactions are based on freedom or mutual consent. Policeman ensure this in a democracy if the majority want them too. 1+1=2

 

I agree with this 100%.

As far back as history can remembers there has always been an authority that disrupted the free market. Be it a community, a tribal leader or council, a feudal Lord, a dictator, a King or Queen, or some form of democratic elected government.

The fact is, the economic conditions we have in the US today are because of government intervention with legislation and regulation. That intervention has benefitted some and greatly diminished the opportunities of others.

The deck is stacked.

 

unless we elect enough libertarian Republicans who support the free market

 

The term "free market" is simply a euphemism for "lawless market".

The system in place should create the best outcomes for society as a whole. Failure to understand this will simply lead to neo-feudalism. Why? Because "less government" means fewer restrictions on unethical practices (things that aren't necessarily illegal) that benefit the few creating increased "barriers to entry" for anyone born into the bottom rungs of society.

Just one small example (based on a real situation). A CEO making $25 million dollars a year earns a $5 million dollar bonus at the end of the year if he can meet earnings targets. Going into the 4th quarter it becomes obvious the company is going to miss its earnings target by 0.02 cents. The CEO announces the layoffs of 12,000 people in order to hit earnings and earn his bonus.

As corporatism increases it becomes increasingly difficult for people to escape the economic quintile they are born into.

 

Free market? Really? Citibank was just fined $6.5 million for cheating and defrauding on student loans. Their legal income from student loans wasn't enough to satisfy them, so they screwed the students on top of the loan cost. Tell me how a "free market" would correct this? I suppose the screwed students should lick their wounds, refinance elsewhere if they can, and chalk it up to "lessons learned"?

And this brings up another point of interest. The fraud in this case was discovered, and the lawsuit was brought and won by the Consumer Financial Protection Bureau, which Trump says we don't need. So get rid of CFPB and we will not know about most of these things. That will make these pesky issues "go away". Then we can declare what a great job Trump did and how much "fairer" the market is when we don't know about it.

 

And what is a "free market freed from capitalism"?

 

Milton Friedman supported the free-market. If you can find one word in support of a lawless market in Friedman I will pay you $10,000. Bet?

 

No obviously freed from govt intervention.

 

Read paper before you sign contract. Sue for fraud etc etc.

 

Of course board would fire him immediately unless he had good reason to fire 12000z.Any company would go bankrupt without 12000 needed employees. Do you understand? Has this every happened or just your communist imagination?

 

Government action has contributed to the problem.

Student aid leads to tuition increases: https://www.insidehighered.com/news...udent-aid-not-faculty-salaries-drives-tuition

The government also favors bloated academic bureaucracies: http://hereandnow.legacy.wbur.org/2011/11/02/university-cost-bloated

https://www.insidehighered.com/news...erator-website-pokes-fun-administrative-bloat

A gigantic all-powerful government serves itself not the people.

And by the way Communists are similar to Nazis: https://sites.fas.harvard.edu/~hpcws/lelivrenoir.htm

 

None of that had any significant effect from about 1960 to 1990 and longer. But now, colleges (Harvard is a good example) are corporations and use tax law to rack up profits. Government plus grants plus charities used to pay 80% of college costs and students paid 20%. Now that is reversed. Government grants have dried up quite a bit and so now the student must pay 80% of the costs.

What does that have to do with anything?

 

If you are pointing out the hypocrisy of those Chardonnay socialists within academia I agree with you. Go to an Ivy League university to find the over-privileged screaming about the horrors of privilege.

Evidence?

Evidence?

You're not a Marxist tool?

 

When I use the term free market, I don't at all think "lawless market".

A free market is simply one in which people are free to buy and sell without hinderance.

 

It's true of all colleges and universities.

My personal experience.

Commonly known and available data.

You're not a capitalist corporatist tool?

Your knowledge of Marxism sux. Being a Marxist doesn't mean one is a communist, but maybe since you lack actual knowledge of Marxism you need to define what you mean by "communist". Do you know what you mean?

 

"Free" markets aren't enough. Markets should be "free" and "fair"

Markets are NEVER free from influence. The accumulation of money distorts the "free" market and can create unfair barriers for less powerful rivals. For example, a larger company could buy up certain raw materials to prevent a smaller company from challenging a larger competitor.

Free markets aren't enough, we need markets to be free and fair otherwise they will tend toward disequilibrium and domination by a few.