GeminiAtlas

Plan Black: How to Really End the Financial Crisis

The resemblence of a free market hasn't existed in the last 100 years. When the government keeps giving tax breaks for this, loopholes for that, pork for this, surtax on that, subsidy for this, money manuipulation every now and again, etc... is that what would be called a "free" market? Or as Morpheus in the Matrix would say "You think that's air you're breathing now?"

I would like to add to Plan Black the scrapping of the tax code and stripping out all loopholes, subsidies, surtaxes, and have a tax regime that doesn't punish or reward certain activities over others. Otherwise, how can a market truly be "free" as opposed to an illusion of choice.

On Jul 27 07:42 AM Moon Kil Woong wrote:

> I think plan black is called the return to free market. Has the concept
> of that really become that unbelievable and unrealistic? How far
> we have fallen in 2 short years.

The Road to Economic Hell

Many of you are saying capitalist but the more proper term would be "cronyist." You rant against the "greedy" capitalists "stealing" and buying off politicians, etc, etc. Since when is that capitalism? If you can't get the definitions right then arguing about socialism vs. communism vs. capitalism vs. anarchy etc. will be pointless. Cronyism exists in all human systems to some degree. When you rant about the policy decisions of the politicians (which are certainly idiotic since they almost never seem to account for the law of unintended consequences) and call that capitalism, you are quite mistaken. When big business rent-seeks (to get tax breaks or subsidies or pork or whatever) congress to make more regulations(which only a team of lawyers can decipher) that install barriers to entry to the usually smaller and more innovative companies, that is anti-capitalist, not capitalist. Sure they are doing it to keep the profits going for themselves, but it doesn't do big business favors in the long run. The decrease in competition as a result of rent-seeking makes them stagnate, atrophy, then grow to depend on the government for help.