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I fully agree!
And I hope that they do not choose Autocracy, in which you are fined almost half a billion dollars for telling your bank that your property is worth xyz, but the bank can verify that before advancing any loan,
in which you may be put into jail for giving a porn film star a lot of your own money, to which your own wife does not object,
in which more of your money can be legally stolen,
in which the government can determine at what price you can sell your own goods, even if you have to stop selling that and create shortages to avoid a loss,
in which the government can print lots of money and autocratically distribute it, even if it causes inflationary hardships for the rest...
If every bank, for every loan application, had to assess property values, no one could afford to have a bank account. There wouldn't even BE any banks.
The onus is on the entity seeking the loan, and the assessment has to be done by reputable means.
Dilip, you seem to have zero understanding of basic economics. Your Libertarian "easy access to capital" would have a fatal flaw. Easy access means little to no qualification process, which would lead to massive loan losses, write-offs, bankruptcies, and in short order, economic collapse.
Again, this was all proven by the dot-com crash of the early 2000s.
I fully agree!
And I hope that they do not choose Autocracy, in which you are fined almost half a billion dollars for telling your bank that your property is worth xyz, but the bank can verify that before advancing any loan,
in which you may be put into jail for giving a porn film star a lot of your own money, to which your own wife does not object,
in which more of your money can be legally stolen,
in which the government can determine at what price you can sell your own goods, even if you have to stop selling that and create shortages to avoid a loss,
in which the government can print lots of money and autocratically distribute it, even if it causes inflationary hardships for the rest...
“Keep your eye on how much the Government is spending, because that is the true tax. There is no such thing as an unbalanced budget. You PAY FOR IT either in the form of taxes, or indirectly in the form of inflation or debt.” Milton Friedman
The USA has a clear choice - a better future.........OR........Autocracy.
Bob A
I fully agree!
And I hope that they do not choose Autocracy, in which you are fined almost half a billion dollars for telling your bank that your property is worth xyz, but the bank can verify that before advancing any loan,
in which you may be put into jail for giving a porn film star a lot of your own money, to which your own wife does not object,
in which more of your money can be legally stolen,
in which the government can determine at what price you can sell your own goods, even if you have to stop selling that and create shortages to avoid a loss,
in which the government can print lots of money and autocratically distribute it, even if it causes inflationary hardships for the rest...
Last edited by Dilip Panjwani; Sunday, 18th August, 2024, 08:28 AM.
Very odd timing on this comment. You do realize I am predicting a Trump defeat in November.
After the Biden Trump debate I was very pessimistic about future of USA, it looked like Trump might win again.
I am now optimistic that Harris Walz will win.
A giant step forward but some way to go to be considered a healthy democracy.
Last edited by Bob Gillanders; Sunday, 18th August, 2024, 07:39 AM.
It's a week later, and my prediction for election day remains as Harris 319, Trump 219.
But that includes Harris winning Pennsylvania 19, Georgia 16, Nevada 6. Total 41.
Trump is still leading in Georgia & Nevada, and Pennsylvania is tied.
So if election were held today, Harris gets between 278 and 297.
Harris campaign continues to steamroll forward and Trump continues to collapse, but a lot could happen between now and November. Very difficult to gauge the speed of change and there is always a lag between the polls and what if the election were today.
I will summarize my updated prediction as such:
Democrats safe and likely votes 270, add Nevada 6, total 276. My last if election were held today prediction, Harris 276, Trump 262.
The balance of the battleground states are very close to joining Harris column, but hard to say exactly when.
But I believe they will all shortly be there, if trends continue.
So: add Arizona 11, Georgia 16, North Carolina 16, 43 +276 = 319 - most likely Harris total in election.
If predictions of a landslide are realized, add Florida 30, Texas 40, Maine 1 district, 319 +71 = 390
Will any of the hard core Red states join the landslide?? Probably not.
So most likely prediction as of today - Harris 319 Trump 219.
It's a week later, and my prediction for election day remains as Harris 319, Trump 219.
But that includes Harris winning Pennsylvania 19, Georgia 16, Nevada 6. Total 41.
Trump is still leading in Georgia & Nevada, and Pennsylvania is tied.
So if election were held today, Harris gets between 278 and 297.
Death Blow To Kamala Harris Campaign, Proposes food Price Controls to combat inflation. That approach did not work well anywhere it was tried
including Russia (Soviet Union) or any of the Communist block countries, Venezuela, etc Result long line ups empty shelves!
I thought I would add a general observation to this thread. All the recent US Presidents have had very short last names, from 4 to 7 characters long. Biden, Trump, Obama, Bush, Clinton, Bush, Reagan, Carter, Ford, Nixon. Even the recent runners-up have had short names .. Trump, Clinton, Romney, McCain, Kerry, Gore, Dole, that's as far back as I know.
I guess Santoris was doomed with his 8-character, 3-syllable last name .....
I find Dilip's view of society disturbing - yes our human systems are often only 50% effective. But it is not all due to corruption..........there is also incompetence.......and there is our failure to anticipate some things in setting up our systems.
Politicians - Sorry, but I don't believe ALL politicians are corrupt.
Humans - Sorry, but I don't believe all humans are thieves, and non-smart, non-hardworking, and there are only a few smart, hard-working, investing, elite, who benefit society.
Bob A
Bob, do not put words in my mouth... I never said all politicians are corrupt (though everybody agrees that almost all are :-) )
and neither did I say all humans are thieves and non-smart, non-hard-working (though Marxism increases their numbers tremendously...)
Last edited by Dilip Panjwani; Saturday, 17th August, 2024, 03:20 PM.
And that is why USA (and to some extent Canada) are yet away from a Marxism bust.
The problem nevertheless is that because of the way Capitalism is practiced in North America, crooks with huge capital, along with the even more crooked politicians, create systems/laws to prevent the common man from reaping legitimate benefits of smart and hard work, and that is what is against the Natural Law here...
So you say the common man in USA cannot reap the rewards of smart and hard work. Microsoft was started by a college dropout, Facebook by a college student.
I find Dilip's view of society disturbing - yes our human systems are often only 50% effective. But it is not all due to corruption..........there is also incompetence.......and there is our failure to anticipate some things in setting up our systems.
Politicians - Sorry, but I don't believe ALL politicians are corrupt.
Humans - Sorry, but I don't believe all humans are thieves, and non-smart, non-hardworking, and there are only a few smart, hard-working, investing, elite, who benefit society.
Bob A
Last edited by Bob Armstrong; Friday, 16th August, 2024, 02:46 PM.
And that is why USA (and to some extent Canada) are yet away from a Marxism bust.
The problem nevertheless is that because of the way Capitalism is practiced in North America, crooks with huge capital, along with the even more crooked politicians, create systems/laws to prevent the common man from reaping legitimate benefits of smart and hard work, and that is what is against the Natural Law here...
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