We hear constantly and ad nauseam from our leftist betters that communism has yet to work, only because it hasn't been implemented "correctly". I've always maintained the same about capitalism. Even in its horribly impinged, mismanaged, regulated, and abused state, it has produced miracles. Imagine what could be achieved if capitalism were implemented "correctly"! Best always. PM
This!! Well said, Paul. Give real, honest, true capitalism a chance and people will be amazed at everything that gets accomplished, and at a reduced cost for a higher standard of living.
🤩... imagine if the Republic worked correctly and enforced our supreme powers over our Capitalist, Republic-Democracy. Oh yeah we're a REPUBLIC NOT A DEMOCRACY! (sigh) China's government is the Republic of China, Iran too is a Republic of Iran and others. Government on any level in America aren't a Republic, just the mechanism there-to. We utilize a democractic mechanism - We the people are the Republic. The United States of America(ns). Not the Republic of America. Now, lately some people decided that Democracy overrules The Republic under a crisis and
We Pledge Allegiance To the Flag of The United States of America AND TO THE Republic for which it stands. One Nation Under God, Indivisible with LIBERTY AND JUSTICE FOR ALL.
Domesticated extremism (terrorists) as stated in the Patriot Act is in violation of these inalienable rights. Even when you're not Citizens of the US there's protections of this Constitutional law once you step foot on OUR soil. And we the people will decide the fate.
I know It's preaching to the choir!?! But such as it seems, the wording of Republic is lost in the chorus.
French republique.
Latin respublica from res 'concern' + publicus 'of the people, public.'
Apr 12, 2023·edited Apr 12, 2023Liked by Joel Bowman
The Bernie Sanders and Elizabeth Warrens of the world confuse capitalism -- the only means by which wealth is created -- with its distribution. Unaware that wealth has to actually be made before it can be distributed by money, they don't help the risk-taking, wealth-making entrepreneurs succeed. Instead, they meddle with the means by which wealth is distributed.
These two politicians and others of the same stripe belong to a political party that is cut from the same cloth as a number of national governments (e. g., Cuba, Venezuela, N Korea, etc.) which seek to produce and distribute wealth.
The obvious fact that these governments do not do a good job of either conveniently escapes them. They even dismiss the collapse of the largest socialist experiment in human history -- the USSR -- whose resource managers had seventy years to figure out how to efficiently produce and distribute wealth.
These inconvenient facts have also escaped the newly elected governor of Maryland wherein Bill's headquarters is based. This government official, a salaryman who has never made a dime's worth of wealth in his life, yesterday declared that all businesses in his state must henceforth pay no less than a specific wage that he chose.
You can bet Bernie Sanders and Elizabeth Warren are pleased and displeased: the former because they wholeheartedly agree with the forthright manner in which the Governor of Maryland gave more money to those he felt deserved it, but displeased because they can't do at the Federal level what the governor did at the state level.
The nation is lucky that, for now, they are only able to babble nonsense to placate their base, all of whom are quintessential wealth-takers; not wealth-makers
The poor little Statist was butt hurt because it was more difficult to put his fat little thumb on the scale in those days. He'd be a pig in shit these days :-)
Capitalism didn’t fail, it became corrupted. It became corrupted because Capitalists became corrupted. Not all of them, but enough to damage the reputation of Capitalism. The excesses of Wall Street are an example of the corruption of Capitalism(Capitalists). One could argue that the love of money corrupted Capitalism. Capitalism is like Conservatism. Properly understood it is not an ideology, unlike Socialism and Communism. Socialism and Communism are corrupt ideologies, corrupt ideas, by their very nature. They cannot be otherwise. Capitalism, although not an ideology, is a good idea. There is no better economic idea in the history of the world for lifting people out of poverty and advancing the material state of Man. It created the middle class all over the world, possibly the greatest engine of freedom ever conceived. But the corruption of Capitalism by Capitalists has hurt its’ reputation and made its’ defense more difficult.
We can split semantic hairs all day. What I think Bill, Tom, myself and others believe is that greed is part of the human condition and an extremely powerful motivator. Capitalism (voluntary transactions) forces that greed into mutually beneficial channels. Whereas any other arrangement pits one person's greed against everyone else's and, as a natural result, this arrangement has folks vying for access to bureaucratic control and power to tilt the outcome to their favor.
I'm sure the elites version of the Great Reset is modeled on post empire feudalism.
They'll be the lords and ladies, while we'll be working their factories and fields, with others rotting in the dungeons. This time around there will be no rise of the middle class, the elites will not err twice.
Capitalism cannot fail because it is like gravity - it is just the way it is. But like water running down hill. -it need some controls to keep it from doing harm. The Soviet Union was starving because collective farms didn't work. nobody produces all they can and takes only what they need. So they said that everyone could have a 1/10 acre garden and what they didn't eat they could sell. in two years 90% of the food grown in the USSR was produced on these private gardens.
it is just the way it is. Those who offer the best product at the lowest price win every time- you can bet on it..
When you watch and listen to most “democrats” today, whether they are busy shooting up schools, businesses or each other, rioting in the streets, cross dressings, cutting off their penis or breast, murdering innocent babies, burning down cities, tearing down history, and trying so hard to change true history, lying and denying most truths and reality, you see that we are dealing with an epidemic of ignorance, mental illness or pure and simple evil. Now, we can argue which public democrats suffer from any of the above, but I would suggest 90% of these poor demented souls, in public life, suffer from all the above. Really, just watch and listen…you can’t argue with facts, unless your one of ‘em 🤔
SL: You are one sick puppie. You always blame everything on the Dems. Unfortunately, The Republicans are clearly also to blame; but in your little world perfection is spelled Republicans. Your world as you see it..doesn't exist only in your mind.
It's heart wrenching to think Bernie Sanders is such a failure with only $3 million of net worth at his age, while E. Warren seems to have parlayed socialism and acting the public servant to a whole new level. Then again Obama is worth near a 100 million, and the Clintons around $400 million good work if you can get it.
Looking up the dictionary definition of CAPITALISM online today, the first 5 or 6 legitimate dictionary websites were simple and congruent. E.g.
"An economic system in which the means of production and distribution are privately or corporately owned and development occurs through the accumulation and reinvestment of profits gained in a free market."
American Heritage® Dictionary of the English Language, Fifth Edition.
BUT above the legitimate websites was a WORDNIK boxed definition which had 2 additional definitions:
2. The state of having capital or property; possession of capital.
3. The concentration or massing of capital in the hands of a few; also, the power or influence of large or combined capital.
Number 3. is supporting the robber barons' team cited in Bill's letter here.
WORDNIK cited the American Heritage® Dictionary of the English Language, Fifth Edition. But it's not on thefreedictionary.com.
LESSON: I think I'll just skip WORDNIK from now on. How do they rate top of page in a box? Who's paying for that? What am I missing?
This is all pie in the sky, instant analysis, by men with two much time.
Bill, I am not sure, seems to be saying that, “The Invisible Hand” creates a win win situation for everyone. That some magic creates a great good out the ever increasing cesspool of human nature.
There never has been “Capitalism”.
Where has it existed before the freedom and abundant opportunity at equality of the uses of resources in a more primitive tradesman economy.
What you have, now, is the abomination of the 1% augmented by manipulated craziness of mind control.
You bleeding minds of the indefensible fan Ty included.
The vaunted progress, what is it, the destruction of paradise
“If you build it, you will use it.”
The verge of total destruction by unstable minds.
Let’s hope they unleash the bombs and wipe out the humans, as they eventually will.
Who cares; I had mine.
It’s all insanity and it all ends the same way.
I hope there is judgement, so that all the deserving can go to hell.
It just takes so darn long for justice. There must be ultimate justice since it is so sublime to contemplate.
Cattle. Sorry to see you leaving, thought my family will appreciate it. Every day I am telling them what you say and your beliefs. Like all people, when you find someone who believes as you do, they quickly become the smartest people in the world. My Mother was the worst, she would ask ten people until she found the answer she wanted and then that person was incredibly smart.
I have owned cattle and ranches for years. Since cattle have four stomachs, they can eat all they need in a short period of time. My advice would be to set several bales of hay in a large lot. Turn the cattle into the lot for say, two hours, then drive them out of the lot. Set many bales of hay out so the timid ones get plenty. Nothing is worse than hand feeding a herd of cattle.
Again, thanks for all the knowledge you have given me.
Unfortunately, the cost of Capitalism includes peoples lives.
"The time to buy is when there's blood in the streets." - Baron Rothschild
Find a way to circumnavigate the waters of spherical cylinders and don’t forget your rocket suit. When you flatline the curve of time, you can boost your away around and slingshot to the finish line, which is essentially the starting point of the next chapter but the same point of origin. 🥸🥇💰😂
Not of this topic - but the topic of the US$ and gold. It is known more and more central banks are buying gold to augment their reserves. Then - on the other hand - most people including our trusty media that believe the US$ is as strong as ever. Why doesn't anyone point-out what these central banks are using to buy the gold?
We are now very near Death under that avalanche of worthless paper.
Fret Not! Our "betters" are rapidly approaching with a bitty shovel made of 1's and 0's. Unfortunately, they don't intend on using it to dig us out, but to further bury us...
Interesting the lack of acknowledgement that US$ fiat dollars are being used to acquire gold. Central banks aren't stupid - they know the value of the US$ is going down and gold is going up. They clearly show what their expectations are for the near future. Doesn't take a rocket scientist to figure that out. But neither our government nor the "media" care to share that with The People!
We hear constantly and ad nauseam from our leftist betters that communism has yet to work, only because it hasn't been implemented "correctly". I've always maintained the same about capitalism. Even in its horribly impinged, mismanaged, regulated, and abused state, it has produced miracles. Imagine what could be achieved if capitalism were implemented "correctly"! Best always. PM
This!! Well said, Paul. Give real, honest, true capitalism a chance and people will be amazed at everything that gets accomplished, and at a reduced cost for a higher standard of living.
🤩... imagine if the Republic worked correctly and enforced our supreme powers over our Capitalist, Republic-Democracy. Oh yeah we're a REPUBLIC NOT A DEMOCRACY! (sigh) China's government is the Republic of China, Iran too is a Republic of Iran and others. Government on any level in America aren't a Republic, just the mechanism there-to. We utilize a democractic mechanism - We the people are the Republic. The United States of America(ns). Not the Republic of America. Now, lately some people decided that Democracy overrules The Republic under a crisis and
We Pledge Allegiance To the Flag of The United States of America AND TO THE Republic for which it stands. One Nation Under God, Indivisible with LIBERTY AND JUSTICE FOR ALL.
Domesticated extremism (terrorists) as stated in the Patriot Act is in violation of these inalienable rights. Even when you're not Citizens of the US there's protections of this Constitutional law once you step foot on OUR soil. And we the people will decide the fate.
I know It's preaching to the choir!?! But such as it seems, the wording of Republic is lost in the chorus.
French republique.
Latin respublica from res 'concern' + publicus 'of the people, public.'
https://www.merriam-webster.com/dictionary/capitalism
https://www.worldatlas.com/articles/is-the-united-states-a-republic-or-a-democracy.htm
https://www.merriam-webster.com/dictionary/republic
The Bernie Sanders and Elizabeth Warrens of the world confuse capitalism -- the only means by which wealth is created -- with its distribution. Unaware that wealth has to actually be made before it can be distributed by money, they don't help the risk-taking, wealth-making entrepreneurs succeed. Instead, they meddle with the means by which wealth is distributed.
These two politicians and others of the same stripe belong to a political party that is cut from the same cloth as a number of national governments (e. g., Cuba, Venezuela, N Korea, etc.) which seek to produce and distribute wealth.
The obvious fact that these governments do not do a good job of either conveniently escapes them. They even dismiss the collapse of the largest socialist experiment in human history -- the USSR -- whose resource managers had seventy years to figure out how to efficiently produce and distribute wealth.
These inconvenient facts have also escaped the newly elected governor of Maryland wherein Bill's headquarters is based. This government official, a salaryman who has never made a dime's worth of wealth in his life, yesterday declared that all businesses in his state must henceforth pay no less than a specific wage that he chose.
You can bet Bernie Sanders and Elizabeth Warren are pleased and displeased: the former because they wholeheartedly agree with the forthright manner in which the Governor of Maryland gave more money to those he felt deserved it, but displeased because they can't do at the Federal level what the governor did at the state level.
The nation is lucky that, for now, they are only able to babble nonsense to placate their base, all of whom are quintessential wealth-takers; not wealth-makers
Joel, this was beautiful :-) "For this and so, so much more, you can thank your government’s promise to you: Higher prices everyday."
Are you three following FedNow and CBCD?
Please give us a report.
D Hawks
To paraphrase Winston Churchill: Capitalism is the worst economic system, except for all the others.
The poor little Statist was butt hurt because it was more difficult to put his fat little thumb on the scale in those days. He'd be a pig in shit these days :-)
Capitalism didn’t fail, it became corrupted. It became corrupted because Capitalists became corrupted. Not all of them, but enough to damage the reputation of Capitalism. The excesses of Wall Street are an example of the corruption of Capitalism(Capitalists). One could argue that the love of money corrupted Capitalism. Capitalism is like Conservatism. Properly understood it is not an ideology, unlike Socialism and Communism. Socialism and Communism are corrupt ideologies, corrupt ideas, by their very nature. They cannot be otherwise. Capitalism, although not an ideology, is a good idea. There is no better economic idea in the history of the world for lifting people out of poverty and advancing the material state of Man. It created the middle class all over the world, possibly the greatest engine of freedom ever conceived. But the corruption of Capitalism by Capitalists has hurt its’ reputation and made its’ defense more difficult.
The Corporation is the big corrupter of Capitalism. It is an entity in and of itself. It can do anything it wants in the economy and get away with it.
I guess you didn’t understand what Bill just said. Capitalism isn’t corrupted. It is operating as it should. Greed is good.
Greed is not good. It is one of the Seven Deadly Sins.
Greed is Excess.
Pursuing reasonable profit or appreciation is NOT greed!
It is Win-Win for consumer and producer!
It sustains both.
We can split semantic hairs all day. What I think Bill, Tom, myself and others believe is that greed is part of the human condition and an extremely powerful motivator. Capitalism (voluntary transactions) forces that greed into mutually beneficial channels. Whereas any other arrangement pits one person's greed against everyone else's and, as a natural result, this arrangement has folks vying for access to bureaucratic control and power to tilt the outcome to their favor.
As I tell all my friends. My assets have NOT increased in value.
The dollar is just more worthless.
Who cares what the grocery stores final bill is $200 or $100.
It’s just numbers in an electronic spreadsheet.
Last Year I put $200 cash in my wallet and it’s still in there.
I have had no need to use it.
Paycheck is direct deposited. Only have seven bills paid automatically every month.
What’s left over is put in savings.
AND, if I retire next year social security will pay me more than my employer.
I'm sure the elites version of the Great Reset is modeled on post empire feudalism.
They'll be the lords and ladies, while we'll be working their factories and fields, with others rotting in the dungeons. This time around there will be no rise of the middle class, the elites will not err twice.
Capitalism cannot fail because it is like gravity - it is just the way it is. But like water running down hill. -it need some controls to keep it from doing harm. The Soviet Union was starving because collective farms didn't work. nobody produces all they can and takes only what they need. So they said that everyone could have a 1/10 acre garden and what they didn't eat they could sell. in two years 90% of the food grown in the USSR was produced on these private gardens.
it is just the way it is. Those who offer the best product at the lowest price win every time- you can bet on it..
When you watch and listen to most “democrats” today, whether they are busy shooting up schools, businesses or each other, rioting in the streets, cross dressings, cutting off their penis or breast, murdering innocent babies, burning down cities, tearing down history, and trying so hard to change true history, lying and denying most truths and reality, you see that we are dealing with an epidemic of ignorance, mental illness or pure and simple evil. Now, we can argue which public democrats suffer from any of the above, but I would suggest 90% of these poor demented souls, in public life, suffer from all the above. Really, just watch and listen…you can’t argue with facts, unless your one of ‘em 🤔
SL: You are one sick puppie. You always blame everything on the Dems. Unfortunately, The Republicans are clearly also to blame; but in your little world perfection is spelled Republicans. Your world as you see it..doesn't exist only in your mind.
It's heart wrenching to think Bernie Sanders is such a failure with only $3 million of net worth at his age, while E. Warren seems to have parlayed socialism and acting the public servant to a whole new level. Then again Obama is worth near a 100 million, and the Clintons around $400 million good work if you can get it.
I SKIP WORDNIK
Looking up the dictionary definition of CAPITALISM online today, the first 5 or 6 legitimate dictionary websites were simple and congruent. E.g.
"An economic system in which the means of production and distribution are privately or corporately owned and development occurs through the accumulation and reinvestment of profits gained in a free market."
American Heritage® Dictionary of the English Language, Fifth Edition.
BUT above the legitimate websites was a WORDNIK boxed definition which had 2 additional definitions:
2. The state of having capital or property; possession of capital.
3. The concentration or massing of capital in the hands of a few; also, the power or influence of large or combined capital.
Number 3. is supporting the robber barons' team cited in Bill's letter here.
WORDNIK cited the American Heritage® Dictionary of the English Language, Fifth Edition. But it's not on thefreedictionary.com.
LESSON: I think I'll just skip WORDNIK from now on. How do they rate top of page in a box? Who's paying for that? What am I missing?
This is all pie in the sky, instant analysis, by men with two much time.
Bill, I am not sure, seems to be saying that, “The Invisible Hand” creates a win win situation for everyone. That some magic creates a great good out the ever increasing cesspool of human nature.
There never has been “Capitalism”.
Where has it existed before the freedom and abundant opportunity at equality of the uses of resources in a more primitive tradesman economy.
What you have, now, is the abomination of the 1% augmented by manipulated craziness of mind control.
You bleeding minds of the indefensible fan Ty included.
The vaunted progress, what is it, the destruction of paradise
“If you build it, you will use it.”
The verge of total destruction by unstable minds.
Let’s hope they unleash the bombs and wipe out the humans, as they eventually will.
Who cares; I had mine.
It’s all insanity and it all ends the same way.
I hope there is judgement, so that all the deserving can go to hell.
It just takes so darn long for justice. There must be ultimate justice since it is so sublime to contemplate.
Cattle. Sorry to see you leaving, thought my family will appreciate it. Every day I am telling them what you say and your beliefs. Like all people, when you find someone who believes as you do, they quickly become the smartest people in the world. My Mother was the worst, she would ask ten people until she found the answer she wanted and then that person was incredibly smart.
I have owned cattle and ranches for years. Since cattle have four stomachs, they can eat all they need in a short period of time. My advice would be to set several bales of hay in a large lot. Turn the cattle into the lot for say, two hours, then drive them out of the lot. Set many bales of hay out so the timid ones get plenty. Nothing is worse than hand feeding a herd of cattle.
Again, thanks for all the knowledge you have given me.
Larry Stewart
Bombs Away! 🫨🐗
Unfortunately, the cost of Capitalism includes peoples lives.
"The time to buy is when there's blood in the streets." - Baron Rothschild
Find a way to circumnavigate the waters of spherical cylinders and don’t forget your rocket suit. When you flatline the curve of time, you can boost your away around and slingshot to the finish line, which is essentially the starting point of the next chapter but the same point of origin. 🥸🥇💰😂
Not of this topic - but the topic of the US$ and gold. It is known more and more central banks are buying gold to augment their reserves. Then - on the other hand - most people including our trusty media that believe the US$ is as strong as ever. Why doesn't anyone point-out what these central banks are using to buy the gold?
There was a time when the US$ and gold were synonymous. Imagine that. Best always. PM
"You shall not crucify mankind upon a cross of gold!" William Jennings Bryan 1896
Better that we should die in an avalanche of paper, I guess, so that the likes of Mr. Bryan can "save" us. PM
Hi Paul -
We are now very near Death under that avalanche of worthless paper.
Fret Not! Our "betters" are rapidly approaching with a bitty shovel made of 1's and 0's. Unfortunately, they don't intend on using it to dig us out, but to further bury us...
Interesting the lack of acknowledgement that US$ fiat dollars are being used to acquire gold. Central banks aren't stupid - they know the value of the US$ is going down and gold is going up. They clearly show what their expectations are for the near future. Doesn't take a rocket scientist to figure that out. But neither our government nor the "media" care to share that with The People!