I started getting into the libertarian ideology when I was sometime in high school. From Bob Barr to Ron Paul, I looked them up and came to the conclusion that socially I can't argue with them, but economically it is not sound. Their reliance on the free-market to fix everything just does not work. Our country largely started as very free-market and transformed into what we have today. Please don't sit there and think I don't do my homework or critical thinking before engaging in anything.
You didn't say one thing of substance in this paragraph. Because YOU said the free market does not work does not make it true. Proof. Put up or shut up time.
You really need to open up an economics text book. Not as many things can be proven in economics as you think. The economy is not something that can be put into a lab, with the right sample size, and you can produce objective results. Not a science experiment. And if you so surely have proof that the "when the market decides" is best, can you show it to me? Believing that the market cannot fail is like a hardcore socialist believing government control can't fail. Both are idiots and so bias to their own beliefs that it teeters on the same edge that is religious extremism.
again you're just a talking head. You spout out things that have no basis or reason for it. Why don't you look at Honk Kong for a free market example. Where are their resources? Anyone who thinks the free market can't work is arrogant. They think THEY have the answers. Never mind what millions of people themselves value a product at a certain price. We need people like YOU to sit in an office and decide for us. The gall of arrogant people never ceases to amaze me.
Why do you care about what I did with my money? Were you able at any point to get into a school such as that? Did you even graduate high school? By the way, I'll probably fare a lot better economically than your crazy free-market loving ass. Statistics got my back.
oh sure I believe you. What's not to believe from some hack on the internet. The statement itself is idiotic and just shows you the comments of arrogant people who seem to know what is good for others as well as the economic and educational status of someone from the internet. YOU know best. lmao This doesn't surprise me as your posts show you do not scratch the surface. Why someone born with a silver spoon in their mouth knows best. Like I said pure arrogance. I wish I could buy you for what you are worth and sell you for what you think you are worth.
Yes, competition is fine at times and prices do stay low.
who are you to decide what prices are low enough for EVERYONE else? Who are you to decide what is the best market price for a company? Like I said pure arrogance.
Look at Netflix and blockbuster, or cars, or phone companies, etc. But there are instances when that does not occur, where oligopolies and monopolies form and have the power to dictate prices. And the government doesn't steal their money. They voluntarily set up shop here understanding the tax code and do business accordingly. And the housing crisis was a combination of both government and business neglect.
sigh..... It was not business neglect. It was business greed fueled by the no fail policies Congress set up. They KNEW they would be bailed out. They KNEW their losses would be covered.
You know who else knew? Ron Paul and the rest of the ones who follow Mises. This is a bill Ron Paul sponsored in 2002
http://www.govtrack.us/congress/billtext.xpd?bill=h108-3071
summary
http://www.govtrack.us/congress/bill.xpd?bill=h108-3071&tab=summary.
Which discriminatory practices are you referring to exactly?
Dear lord you say you are informed yet you have to ask that question. Who do you think came out with Jim Crow laws? answer government Do you actually think the bus companies who relied on minorities for business wanted to insult their customers??
"In the 1960s and before, many southern states had
laws which required owners of restaurants, trolley cars, and other service companies to segregate black patrons from white. Many of these business owners disliked the laws, as they made it more expensive to do business and lowered profits from blacks who often chose to patronize all-black businesses instead. As soon as the mandatory segregation laws were repealed, most of these businesses integrated on their own without any need for legal action by the federal government."
And your theory on free-market and discrimination applies only when the discriminated is a minority group.
another falsehood by you with no substance discrimination and it's effects on the economy are not limited to minorities
lmao getting desperate now aren't we
What fucking history book have you been reading, really? You make it sound like our current modern economy can be in anyway tied to that of the 1600s-early 1900s. Are you serious?
Again, that is your false interpretation. You have such a weak argument,
You fail to understand how the free market works. When unencumbered the free market works. To be sure, if someone can make it less expensively and make money they will.
Conspiracy. Conspiracy. Consiracy. Booms and busts, worst than those we've come across, occurred well before the Fed's creation.
YOU are the one mentioning conspiracy, not me. You put words in my mouth, like you make up facts in your head. The crashes occur because of government manipulation. So even though the Fed caused the crash they are still needed because....... nice theory hack
Conspiracy theorist = confirmed.
LMAO A hack who has to make things up because his point is weak, confirmed
This has to be one of the most idiotic baseless comments I've seen. That's the first time I've heard ANYONE mention that a believer in the Fed causing crashes is a conspiracy theorist
not only should you get your money back, you should sue the school
btw I don't believe you are from an Ivy league school