[aldente]

$this->bbcode_second_pass_quote('GASMON', 'W')e ARE allready deeply into World War 3.

[aldente]

$this->bbcode_second_pass_quote('aldente', '')$this->bbcode_second_pass_quote('GASMON', 'W')e ARE allready deeply into World War 3.

[americandream]

I don't know where you get this notion of the poor, unsullied middle class, Joe. In fact some of my most demanding portfolio clients are the middle class. This steady state, free market nonsense probably worked in von Mises day when accumulation was primitive and China was a place Marco Polo had visited.

Profit potential is now measured in much faster turnarounds and the magnitude of the expected return REQUIRES that we keep inventing new assets every year to both keep ahead of the tax man and broaden the scope of an assets market value. Like I said, work in the financial sector then come and talk to me about free markets that some academic wrote about when travelling from Oxford to London took as long as a flight into outer space takes these days.

This is true capitalism. This is what investors grow up into.

edit: go get a job structuring tax mitigation packages Pretorian. You need to lose your plebian virginity at the coal face.

$this->bbcode_second_pass_quote('rangerone314', 'I')ronically USSR never practiced true communism and we in the US do not practice true capitalism.

Read up on ADM price fixing and extrapolate that to many other industries and you will see what we have here is not Adam Smith's "Wealth of Nations" but a wealth-redistribution system from the producers/workers to the people who are gaming the system.

It is funny that rich people and their supporters decry "unfair" taxes when business practices such as price-fixing and outsourcing are far more unfair.

Why rich people rape the middle class and then think they have the right to complain about the quality of sex they get, is beyond me.

[Prince]

$this->bbcode_second_pass_quote('americandream', 'P')rofit potential is now measured in much faster turnarounds and the magnitude of the expected return REQUIRES that we keep inventing new assets every year to both keep ahead of the tax man and broaden the scope of an assets market value. Like I said, work in the financial sector then come and talk to me about free markets that some academic wrote about when travelling from Oxford to London took as long as a flight into outer space takes these days.

This is true capitalism. This is what investors grow up into.

edit: go get a job structuring tax mitigation packages Pretorian. You need to lose your plebian virginity at the coal face.

[americandream]

The employed, those who would like to be rich and other assorted "would be rich" types feverishly cling to this myth of fair capitalism. The noble market place where they can peddle their wares and be instantly rewarded in a utopian realm of ethical exchange.

Capitalism is merely the sum of the well-off indulging in what is utterly natural in a way of life devoted to wealth, trying to magnify it by all means possible. If thats so hard to fathom, try getting yourself rich my friend and then see where your ethics are. In fact get fabulously rich and watch the ethical relatives buzz round you like bees round a honey jar.

Lol. I don't know what you people expect of the wealthy. Oh....I'm rich. My business is fabulously successful and profitable. I'll be ethical and?? errr. What would an ethically rich person do with his wealth and financial adviser sunny Jim? Play marbles and discuss perma-culture? Oh I know theres a few very rich charitable types but charity buys goodwill and is tax subsidised. It's a business asset if you've a high profile. You know what goodwill is?

Naive labouring masses filled to the brim with childish nonsense.

$this->bbcode_second_pass_quote('Prince', '')$this->bbcode_second_pass_quote('americandream', 'P')rofit potential is now measured in much faster turnarounds and the magnitude of the expected return REQUIRES that we keep inventing new assets every year to both keep ahead of the tax man and broaden the scope of an assets market value. Like I said, work in the financial sector then come and talk to me about free markets that some academic wrote about when travelling from Oxford to London took as long as a flight into outer space takes these days.

This is true capitalism. This is what investors grow up into.

edit: go get a job structuring tax mitigation packages Pretorian. You need to lose your plebian virginity at the coal face.

[Prince]

$this->bbcode_second_pass_quote('americandream', 'C')apitalism is merely the sum of the well-off indulging in what is utterly natural in a way of life devoted to wealth, trying to magnify it by all means possible. If thats so hard to fathom, try getting yourself rich my friend and then see where your ethics are. In fact get fabulously rich and watch the ethical relatives buzz round you like bees round a honey jar.

[americandream]

Oh please. Give you a few rather well endowed bank acounts and you would be up there with the best of them, strategising the pants off your accountant. How many sweet talking small businesses have I watched blossom into the best of strategists. Smallbusinesses who in the one breath were singing the joys of small enterprise and in the next could not wait to join the big boys in adding tax and asset structures to their business model. Don't give me text book drivel from the days of horse drawn carriages, give me real on the street life in this day and age.

I work with these people pal. This is not baseless assuming, this is how people do business. Get out there and do it then come here and witter on about perfect capitalism. Do it, don't talk it!!

$this->bbcode_second_pass_quote('Prince', '')$this->bbcode_second_pass_quote('americandream', 'C')apitalism is merely the sum of the well-off indulging in what is utterly natural in a way of life devoted to wealth, trying to magnify it by all means possible. If thats so hard to fathom, try getting yourself rich my friend and then see where your ethics are. In fact get fabulously rich and watch the ethical relatives buzz round you like bees round a honey jar.

[americandream]

btw, I would define the rich as those who have a balance sheet and add to its worth annually by a mix of capital and income growth.

I EXCLUDE the employed, well paid or not apart from employees with authority significant enough to enable them to secure a substantial portion of the return that would otherwise be available to stockholders.

There are many on here who would like to be the owners of their own balance sheets, who envision a world that owes them a favour and that favour including a Hans Andersen fairytale land of little shops and ginger bread men.Thats a fairytale I repeat.

[Novus]

$this->bbcode_second_pass_quote('GASMON', 'W')e ARE allready deeply into World War 3.

Commies, Chinese, Russians, Iranians ???

Hell NO.

WW3 is the Proletariat V The Banks. (Some would call it WW£ or WW$.)

And, folks, we, the people, are loosing.

Gasmon

[americandream]

Get rid of the banks folks and all will be well.


$this->bbcode_second_pass_quote('Novus', '')$this->bbcode_second_pass_quote('GASMON', 'W')e ARE allready deeply into World War 3.

Commies, Chinese, Russians, Iranians ???

Hell NO.

WW3 is the Proletariat V The Banks. (Some would call it WW£ or WW$.)

And, folks, we, the people, are loosing.

Gasmon

[americandream]

You can't make this system work. Even if one starts off as an ethical, green-house-gas hating, tribally tree-hugging hemp selling businessperson, you will invariably end up in the huddle of corptocracy and on the road to TPTB. Remove the entire TPTB, replace them with the staff from Oxfam and guaranteed, within 10 years you will be back where you started. For one thing, the (quite natural) rules of business contemplate the exponential accumulation of surplus and mitigation of leakage as a FUNCTION of being in business. This common law of business is reflected in its "legislation", the acounting rules. Even the Arabs with their stance on usury have found a nice little getout to this necessary function in accumulation by changing the form of the transaction and in the process, have developed a rather nasty form of capitalism in the ME, replete with the debtors prisons.

At the end of the day, perhaps we aren't capable of anything better than what we have....an empire of self-service. I don't know. But from what I have seen in my extensive experience in the business and corporate sector, this is what it will always devolve to bar a few cosmetic variations. China and Russia amply demonstrate this fact.

$this->bbcode_second_pass_quote('GASMON', '')$this->bbcode_second_pass_quote('americandream', 'G')et rid of the banks folks and all will be well.


$this->bbcode_second_pass_quote('Novus', '')$this->bbcode_second_pass_quote('GASMON', 'W')e ARE allready deeply into World War 3.

Commies, Chinese, Russians, Iranians ???

Hell NO.

WW3 is the Proletariat V The Banks. (Some would call it WW£ or WW$.)

And, folks, we, the people, are loosing.

Gasmon