Seeking Alpha

extinctionism » Comments » Single Comment |

  • Law of Supply & Demand Is Dead for Gold & Silver  [View article]
    The Free Market is a term that must be examined with caution. This was the mantra of Reagan and all those since. Has it produced a good result? Unequivocally no! Necessary government regulation was stripped in its name thus weakening the government and leaving it vulnerable to monopolistic corporate takeover. Since the Free Market mantra was first institutionalized through the Gingrich revolution there has been little efficiency gain from the "piratization" of formerly state operated ventures. Wild volatility is terrible for all business except the quick buck casino speculators. Why work when you can flick at your computer? The hallmark of the the last 4 decades of anti government Free Market hooliganism has been an economy entirely defined by M/A, expatriation of capital wealth and productive capacity and the total absence of fixed-capital investment in our own economy. The finely tuned synergistic relationship between government and private enterprise was decimated under its name, the results we see today: America stands at the precipice of a depression and the possible collapse of civilization itself.

    The solution to bad government is good government, not no government.

    Here's are a few examples of government spending and legislation that would create a return on investment. 1) End the war of terror and earn trust be being trustworthy, honest and peaceful 2) Redeploy the military from the 7000 military bases in 130 countries rebuilding our energy and transportation infrastructure (better than throwing down the toilet in banker bailouts to ponzi schemers) 3) Increase the short term capital gains tax and decrease the long term capital gains tax and give special tax incentives only to those who invest long term in our country. 4) Lock up the Mortgage Fraud criminals and make them an example never to be forgotten. Take our money back while we are at it even if we have to go to Switzerland to get it. 4) Outlaw all off balance sheet vehicles, all unregulated exchanges and painstakingly monitor every cent that crosses our borders.
    5) End offshore tax havens.
    6) make business know that if you incorporate in America, then manufacture in China and then try to sell back to America you get heavy penalties.
    7) End social Security checks to the wealthy who don' t need it.

    There is no way that Freedom or Free markets should be extended to mean the right to commit crime. Creative criminality in the digital age is a challenge that needs a challenger fit for the job.

    Personally we can withdraw our money from the system and make sure it goes into investments we understand and that benefit our communities and the planet over the long term. Goodwill not Freewill.
    Sep 16 17:42 pm |Rating: 0 0
All Comments by extinctionism »
Comments by Ticker
extinctionism's
Comments Stats
11 comments
Rating: 0 (6 - 6 )