The evils of privatization

[Spartanmack]

Here's what we'll get if we allow those evil conservatives privatize social security. It should be illegal for them to claim that the government isn't better at confiscating more resources and running everything...

https://www.cato.org/publications/p...l&utm_source=facebook.com&utm_campaign=buffer

 

[tomdalton22]

you mean investing in the private sector is better than investing in the government mandated ponzi scheme?

 

[Michchamp]

you mean investing in the private sector is better than investing in the government mandated ponzi scheme?

I know, right? because things like this, this, this or this never happened and are make believe liberal garbage.

hey, you can bet the banks will do it more efficiently than the government. things like this or this? also made up liberal garbage. scumbag lawyers just looking for a payday...

 

[Michchamp]

I know I'm shooting from the hip here; believe me, I feel I should spend more time carefully crafting a response to the CATO institute link. this is the same CATO institute founded by the Koch bros to push their anti-government, pro-Koch-Bros' business interest "libertarian" ideas that spartanhack/racist pulled out of his ass and slapped on the board, like it's a new idea, and not the same tired, corrupt line greedy big banks looking to weasel in on social security money have been pushing for decades now.

 

[deathroh]

Election eve and this is the only back and forth the politics board can muster? Calm before the storm, I guess.

I have to admit though, I am legitimately nervous. I really don't want to see what this country looks like with Trump as its leader. That said, I also don't want to see what his fuckhead followers do in order to "save" the country if Clinton does win. Especially if hackers get involved and mess with the results. This all just seems like a bad dream. Thanks dipshit republicans for not nominating a reasonable choice...

 

[biggunsbob]

Sarcasm.
Private prisons sure are great lol..

 

[tigermud]

Election eve and this is the only back and forth the politics board can muster? Calm before the storm, I guess.

I have to admit though, I am legitimately nervous. I really don't want to see what this country looks like with Trump as its leader. That said, I also don't want to see what his fuckhead followers do in order to "save" the country if Clinton does win. Especially if hackers get involved and mess with the results. This all just seems like a bad dream. Thanks dipshit republicans for not nominating a reasonable choice...

We the sheeple are at an all time divided high. No matter which one wins half the country will be very unhappy. Half say I really don't want to see what this country looks like with Trump as its leader. The other half myself included say the very same thing only with Hillary in place of Trump in the very same sentence. I plan to stay up late if needed to see who won then stay in bed all day WEDS after Hillary is declared the winner and I lose all remaining hope we aren't all completely screwed. yippee ki eh

 

[Gulo Blue]

Things generally suck when too few have too much power. Doesn't matter much if it's business or government (or press or religion or whatever.)

 

[Michchamp]

Election eve and this is the only back and forth the politics board can muster? Calm before the storm, I guess.

I have to admit though, I am legitimately nervous. I really don't want to see what this country looks like with Trump as its leader. That said, I also don't want to see what his fuckhead followers do in order to "save" the country if Clinton does win. Especially if hackers get involved and mess with the results. This all just seems like a bad dream. Thanks dipshit republicans for not nominating a reasonable choice...

We already discussed this election enough over a month ago. it's on to the next thing now.

 

[Michchamp]

Things generally suck when too few have too much power. Doesn't matter much if it's business or government (or press or religion or whatever.)

they generally suck less when the people with too much power can in theory be voted out every 2-4 years.

not when they're oligarchs with more money than god (the christian god, say for example) who are essentially above the law.

 

[Spartanmack]

I know, right? because things like this, this, this or this never happened and are make believe liberal garbage.

hey, you can bet the banks will do it more efficiently than the government. things like this or this? also made up liberal garbage. scumbag lawyers just looking for a payday...

do you really think it would be hard to post a bunch of links to show how much worse the government is at allocating capital, stewardship of capital, prone to corruption and graft and a bigger failure than the private sector at anything? of course you do, because you're an idiot who believes in the nanny state, that the government should take care of everyone and guarantee equality of outcome for all. And on top of all of that, you're incredibly racist.

 

[Spartanmack]

they generally suck less when the people with too much power can in theory be voted out every 2-4 years.

not when they're oligarchs with more money than god (the christian god, say for example) who are essentially above the law.

I didn't think it was possible, but your posts get dumber and dumber by the day. Private sector people can get fired a lot easier than a politician can get voted out of office - you don't even have to wait 2-4 years to get rid of them. No one is more above the law than politicians (see Clinton, Bill and Clinton, Hillary) and there are many career politicians with many times more than 2-4 years experience, nevermind the fact that those who get voted out are more often replaced with someone as bad or worse.

 

[Spartanmack]

I know I'm shooting from the hip here; believe me, I feel I should spend more time carefully crafting a response to the CATO institute link. this is the same CATO institute founded by the Koch bros to push their anti-government, pro-Koch-Bros' business interest "libertarian" ideas that spartanhack/racist pulled out of his ass and slapped on the board, like it's a new idea, and not the same tired, corrupt line greedy big banks looking to weasel in on social security money have been pushing for decades now.

it's actually proof that what you think is a "tired, corrupt line greedy big banks looking to weasel in on social security money have been pushing for decades" is in reality, a simple truth - that private investment accounts are better place for private citizens retirement money than the corrupt, greedy, wasteful, inept kleptocratic politicians you love so much.

 

[Gulo Blue]

they generally suck less when the people with too much power can in theory be voted out every 2-4 years.

not when they're oligarchs with more money than god (the christian god, say for example) who are essentially above the law.

Sure, "in theory".

But in practice we have a system that nominated Clinton and Trump.

 

[Michchamp]

Sure, "in theory".

But in practice we have a system that nominated Clinton and Trump.

cherry picking.

the system also had the wherewithal to prevent a catastrophic economic collapse when Wall Street - those great "stewards" of capital - nearly melted down amidst massive fraud in '07-'08.

of course then the system failed miserably at punishing those responsible so as to deter future behavior, and I guess you have a point. Replace the Treasury with a for-profit bank. I suggest Wells Fargo. What could possibly go wrong, right?

 

[Spartanmack]

Sure, "in theory".

But in practice we have a system that nominated Clinton and Trump.

It's not even true "in theory." The private sector is better at everything including getting rid of poor performers. Government people, elected or otherwise are very difficult to get rid of. Do some get by and do bad things, sometimes on a large scale, yes but it's still more efficient, merit based and egalitarian than government.

 

[Spartanmack]

cherry picking.

the system also had the wherewithal to prevent a catastrophic economic collapse when Wall Street - those great "stewards" of capital - nearly melted down amidst massive fraud in '07-'08.

of course then the system failed miserably at punishing those responsible so as to deter future behavior, and I guess you have a point. Replace the Treasury with a for-profit bank. I suggest Wells Fargo. What could possibly go wrong, right?

It failed to punish those responsible because those most responsible were in government. All Wall Street did was respond to government regulation and programs in their own best interests. It wasn't Wall Street that ignored the warnings about Fannie and Freddie being too big - not only did the government ignore the warnings but laughed at them and insisted on making those institutions bigger. Blaming Wall St is like leaving your steak on the coffee table while you go take a dump then blaming the dog for eating it.

 

[Michchamp]

It's not even true "in theory." The private sector is better at everything including getting rid of poor performers. Government people, elected or otherwise are very difficult to get rid of. Do some get by and do bad things, sometimes on a large scale, yes but it's still more efficient, merit based and egalitarian than government.

not true. there are some areas where for profit, private enterprise works better - like bringing us tons of cheap plastic consumer shit from China - and others where you want public goods or public ownership. and of course some such as utitlities where a hybrid model makes sense.

but since you didn't make it past Econ 101, or flunked Econ 102, (which was it again?) I don't expect you to know that or understand it.

 

[Spartanmack]

not true. there are some areas where for profit, private enterprise works better - like bringing us tons of cheap plastic consumer shit from China - and others where you want public goods or public ownership. and of course some such as utitlities where a hybrid model makes sense.

but since you didn't make it past Econ 101, or flunked Econ 102, (which was it again?) I don't expect you to know that or understand it.

Now who is cherry picking? The private sector is demonstrably better at virtually everything - certainly better at everything we're talking about here. There are things that local government manages - services like police, fire, garbage collection, etc and bigger items at the state and federal level like build roads, bridges, tunnels, airports etc but it's not clear that they're better at it than the private sector would be. And they don't really build those things or perform a lot of those services either, they sub out the work to private enterprise - they mostly just manage the graft.

I didn't have the misfortune of being indoctrinated in leftist economic fantasy at uofm. Why LS&A? didn't have the grades to get into the b-school? Is that why you had to go to a third tier law school like Illinois? I got my econ degree from a real school.

 

[Gulo Blue]

Blaming Wall St is like leaving your steak on the coffee table while you go take a dump then blaming the dog for eating it.

Sure, but the dog 1st bankrolled your election and asked you to leave the steak out. It's still your fault, but collusion plays a role.