Comments on: A Choice Of Capitalisms

By: metrognome3830

metrognome3830 — Tue, 19 Jun 2012 23:02:00 +0000

Hi, OMG
I was busy with tech stuff today. Someone gave the bride a laptop computer which she, of course wanted to be networked with our PC. Unfortunately, because the laptop is a used model, running Windows Vista instead of Windows 7, there was a problem. I finally set up a Wi Fi connection. Now she can compute wherever she goes. Since then I have been busy updating, deleting and transferring files. And I had to get her a Mouse because she doesn’t like the touch pad. But we are operational now. I’m using the laptop to reply to you.

How are you doing? Still twisting liberal tails? I haven’t had a chance to look at all my e-mails yet.

You have a great day. We’ll talk later.

By: ObozoMustGo

ObozoMustGo — Tue, 19 Jun 2012 21:39:00 +0000

metro… How are you today? I hope you are well my friend. I haven’t heard from you in a few days and I just went back to an old thread not followed anymore to say hello and that I was thinking of you. Give my regards to your bride!

Have a great day!

By: mjw1952

mjw1952 — Thu, 31 May 2012 18:42:00 +0000

ANd the great jobs he created? All retail, probably with 85% of the jobs paying barely over minimum wage.

By: Murphy831

Murphy831 — Thu, 31 May 2012 07:31:00 +0000

Don’t assume that. I’m only speaking from personal experience with CitiBank. There were congressional hearings on the entire banking industry and a law was passed restricting the amount of interest that could be charged.

By: montanabill

montanabill — Wed, 30 May 2012 21:43:00 +0000

I will have assume from that answer that some banks did not raise their costs. It’s a competitive market. If I don’t get a good interest rate or costs rise too much at my bank, I fire them and get another.

By: Murphy831

Murphy831 — Wed, 30 May 2012 15:16:00 +0000

“I’m not familiar with any bank raising its consumer credit cost tenfold. Which ones did that?”

CitiBank. But they weren’t the only one.

By: montanabill

montanabill — Wed, 30 May 2012 00:11:00 +0000

We haven’t lived in a cash and carry world for generations. However, there is borrowing and there is borrowing. If you finance a house with an adjustable rate mortgage, you are making a bet. If you finance it with a fixed rate, you know your future. In my book, making a bet you can’t afford to lose is not real smart. I’d apply that to any company that has to finance its payroll. Either they have a bad business model or bad management. If you know what your turn rate is, you can manage your inventory. Why use a debit card that costs 44 cents every time you use it, when cash still works? I’m not familiar with any bank raising its consumer credit cost tenfold. Which ones did that? Ready and affordable credit is a valuable tool for a vibrant economy, but government wrecked that with the Affordable Housing Act. Right now we are reaping the backlash and ripple effect that act created. The uncertainty created by our huge debt, talk of spending even more, potential tax increases, uncertainly about Europe, do you keep the ever more expensive medical insurance for employees or dump them on the government, the looming inflation from all the newly printed money and the huge pile of ever growing regulations on all businesses are all serving to dampen economic activity. True, we do need consumers, but business expansion is a gamble in the best of times. If you don’t like the odds, you don’t expand, no new jobs, no new consumers.
My personal experience is that my bank is falling all over itself to lend me money. Fortunately, I don’t need it. So, I’m not sure whether I’m getting a valid perspective or not regarding the availability of money.

By: Murphy831

Murphy831 — Tue, 29 May 2012 18:04:00 +0000

That’s very industrious Montana. However as you readily admit, it’s not the model for American business. And the fact that your father put up a downpayment, indicates that he indeed financed the rest of the amount. We don’t live in a cash and carry world anymore. Unfortunately many people today are actually having to live that way since their own credit was destroyed in the economic melt-down. Unregulated banks were allowed to jack up interest rates on consumer credit from 3.9% to 30 % and more overnight. Do you know what kind of havoc that creates in a home? In a business that has to finance it’s payroll? It’s inventory? It means that they lose their mobility. The can lose their cars, their homes. Their business. Everything! It’s great to buy a 6 or 7 year old car for cash. Everyone should do that. But that also means that the automakers aren’t selling new vehicles. If they don’t sell them, they have to lay off workers. You can’t keep making a payroll if your product isn’t selling. So who exactly are the Job Creators if not the consumer?

By: dmikee

dmikee — Mon, 28 May 2012 13:14:00 +0000

Romney remains true to his money masters. He is not worried about the poor, or the employees, or anything else for that matter. Of course he wants to repeal any legislation that limits his freedom to be a capitalist bucaneer.

By: Murphy831

Murphy831 — Sun, 27 May 2012 20:25:00 +0000

>”There IS NO victimization at every turn in America.”>”

No Birtherism (racism) in play? You haven't been reading the news lately have you? From Donald Trump, to a moron congressman from Iowa, to the Attorney General of Arizizona threatening to keep the president off the ballot in Ariz.

No Gender issue's? How about NC voting against same sex marriage? Imagine puttng rights up to a vote? Rights are rights pal. They aren't subject to a majority vote.

And of course this: Planned Parenthood appears to be target No 1: Maine, Texas, Arizona, Ohio, Tennessee, Indiana, North Carolina and Kansas have all either had bills to defund Planned Parenthood successfully passed or else bills introduced to begin the process of defunding.

Target No 2 is abortion rights. Since 2011, 92 new laws against abortion took effect, in 11 states: some states, such as Tennessee, are passing creative new restrictions on abortion rights. On 12 April, Governor Jan Brewer of Arizona signed a new law banning abortions later than 18 weeks after fertilization, and imposing new regulations making abortion more difficult to obtain.

Other bills impose waiting periods for women after they have sought medical help – so that they are forced to "think it over" in a manner, and for a period, mandated by the state. A law in Utah requires women to wait 72 hours after receiving medical counselling, for instance, before having an abortion. A similar law is passed in South Dakota.

Finally, some bills – in a way that defies the US constitution – limit or criminalize certain kinds of speech to pregnant women: a law in Kansas would allow medical professionals to refuse giving abortion-seeking women information about clinics and doctors.

No gender warfare going on here folks. It's just that all these bills effect women. You could say, they target women.

As for Class… The Ryan budget practices Class Genocide.