capitalism explained - GoFuckYourself.com

Grapesoda · 11-01-2014, 05:56 PM

boy what a day

Grapesoda · 11-01-2014, 05:57 PM

Grapesoda · 11-01-2014, 05:58 PM

what can I say

Goethe · 11-01-2014, 06:01 PM

Brilliant!

Spieglergirls · 11-01-2014, 06:06 PM

Capitalism explained: http://www.liveleak.com/view?i=c1f_1258123662

duk75 · 11-01-2014, 08:31 PM

This is not funny.

Look Chang · 11-02-2014, 06:43 AM

This is great and barely exaggerated

mineistaken · 11-02-2014, 05:00 PM

Lol at the Italian one

Funny because it's true

Coup · 11-02-2014, 05:29 PM

mineistaken · 11-02-2014, 05:58 PM

Quote:

Originally Posted by Coup

nobody gives free money, rich earns them, same way as bottoms do not. People are not equal in capabilities, work etic and so on, so why should they have same income? Fucking communists trying to rip the hard working off (not talking about few shady ones, talking about 99% of rich who earned their money in a honest way).
Fucking leftist with their "punish the hard/smart workers" mentality.

brentbacardi · 11-02-2014, 06:41 PM

When talking about capitalism it is best not to mix up corporatism and capitalism, they are very different things. What we have in america now is corporatism. ie shitty companies stay in business and squash better startup companies with regulation because the government wants them to.

kane · 11-02-2014, 06:45 PM

Quote:

Originally Posted by mineistaken

nobody gives free money, rich earns them, same way as bottoms do not. People are not equal in capabilities, work etic and so on, so why should they have same income? Fucking communists trying to rip the hard working off (not talking about few shady ones, talking about 99% of rich who earned their money in a honest way).
Fucking leftist with their "punish the hard/smart workers" mentality.

For the most part you are correct. Someone who is smart, better, faster, more capable or more accomplished should be paid higher than someone who isn't. Someone who took a risk and started a business and worked their ass off should be rewarded accordingly for doing so. However, there are certain advantages our government gives you once you reach a certain level that can allow you to line your pockets for doing nothing.

Let's look back during the bank bailouts. The Fed was loaning money to big investment banks through their discount window at a rate that was so small it was almost non-existent. Those banks borrowed the money and used it to buy treasury bonds from the government that paid out an interest rate that was at least three times higher than the interest rate they were paying on the loan. So the bank got the money, bought the bonds then sold the bonds and repaid the loans and kept what was left as profit. So essentially the fed was selling a $1 bill to the banks for 97 cents then later buying it back from the bank at $1 or $1.01. Since these investments had a guaranteed returned rate there was no way the banks could lose. The fed gave out 7.7 trillion in these loans that accounted for roughly $10 billion in profit to the banks that received them. They could have saved a lot of time, effort and money had the government just wrote them a check for $10 billion.

Having access to that is something you or I don't have. We can't borrow money from the discount window. If we start a business and it fails, it goes out of business and we are shit out of luck. We don't get huge bailouts to keep us afloat

These are advantages that the top 1% have that the rest of the 99% don't.

I'm not saying most rich people don't deserve what they have nor am I saying they should be punished for being rich, but to say that nobody gives free money is just flat out wrong.

mineistaken · 11-02-2014, 07:13 PM

Quote:

Originally Posted by kane

For the most part you are correct. Someone who is smart, better, faster, more capable or more accomplished should be paid higher than someone who isn't. Someone who took a risk and started a business and worked their ass off should be rewarded accordingly for doing so. However, there are certain advantages our government gives you once you reach a certain level that can allow you to line your pockets for doing nothing.

Let's look back during the bank bailouts. The Fed was loaning money to big investment banks through their discount window at a rate that was so small it was almost non-existent. Those banks borrowed the money and used it to buy treasury bonds from the government that paid out an interest rate that was at least three times higher than the interest rate they were paying on the loan. So the bank got the money, bought the bonds then sold the bonds and repaid the loans and kept what was left as profit. So essentially the fed was selling a $1 bill to the banks for 97 cents then later buying it back from the bank at $1 or $1.01. Since these investments had a guaranteed returned rate there was no way the banks could lose. The fed gave out 7.7 trillion in these loans that accounted for roughly $10 billion in profit to the banks that received them. They could have saved a lot of time, effort and money had the government just wrote them a check for $10 billion.

Having access to that is something you or I don't have. We can't borrow money from the discount window. If we start a business and it fails, it goes out of business and we are shit out of luck. We don't get huge bailouts to keep us afloat

These are advantages that the top 1% have that the rest of the 99% don't.

I'm not saying most rich people don't deserve what they have nor am I saying they should be punished for being rich, but to say that nobody gives free money is just flat out wrong.

Those are the advantages the top 1% of the top 1% have. And maybe not even top 1% of the top 1%, but even less. I mean what is the number of people who borrow from fed at non existent rate?

99% of the top 1% are not like that

Ps: Lets not concentrate on top 1% only, the number of people that are hit by ridiculously high income taxing bracket is higher than just 1% of people.

MaDalton · 11-02-2014, 07:16 PM

the most "free" money goes out in subsidies to companies that either have enough of their own money (oil etc) or companies that are kept alive artificially because without them they would go bankrupt (as they should if there was real capitalism)

you condemn people that receive a few bucks welfare and praise companies that blow billions of your tax money

that is weird

Matt 26z · 11-02-2014, 07:18 PM

11-01-2014, 05:56 PM	#1
Grapesoda So Fucking Banned Industry Role: Join Date: Jul 2003 Location: Montana Posts: 46,238	capitalism explained boy what a day Last edited by Grapesoda; 11-01-2014 at 05:58 PM..

11-01-2014, 06:06 PM	#5
Spieglergirls Confirmed User Join Date: Feb 2008 Location: Porn Valley, Ca. Posts: 476	Capitalism explained: http://www.liveleak.com/view?i=c1f_1258123662 __________________ Mark Spiegler "Patron of the Tarts" http://www.spieglergirls.com/html/main.html

11-02-2014, 06:41 PM	#11
brentbacardi Confirmed User Industry Role: Join Date: Nov 2009 Posts: 1,425	When talking about capitalism it is best not to mix up corporatism and capitalism, they are very different things. What we have in america now is corporatism. ie shitty companies stay in business and squash better startup companies with regulation because the government wants them to. __________________ Go Fuck Yourself!

11-02-2014, 07:16 PM	#14
MaDalton I am Amazing Content! Industry Role: Join Date: Feb 2004 Posts: 39,829	the most "free" money goes out in subsidies to companies that either have enough of their own money (oil etc) or companies that are kept alive artificially because without them they would go bankrupt (as they should if there was real capitalism) you condemn people that receive a few bucks welfare and praise companies that blow billions of your tax money that is weird __________________ AmazingContent.com - providing only the best content and service since 2003 Monetize your content on Veegaz.com - one of Germanies largest VOD sites Got German traffic? We convert it into money for you! Skype: madalton02826 - Email: oltecconsult [at] gmail [dot] com

11-01-2014, 05:57 PM	#2
Grapesoda So Fucking Banned Industry Role: Join Date: Jul 2003 Location: Montana Posts: 46,238

11-01-2014, 05:58 PM	#3
Grapesoda So Fucking Banned Industry Role: Join Date: Jul 2003 Location: Montana Posts: 46,238	what can I say

11-01-2014, 06:01 PM	#4
Goethe So Fuckin' Bored Industry Role: Join Date: Nov 2014 Location: Across the Universe Posts: 1,085	Brilliant!

11-01-2014, 08:31 PM	#6
duk75 Confirmed User Industry Role: Join Date: Feb 2012 Posts: 741	This is not funny.

11-02-2014, 06:43 AM	#7
Look Chang Sexpat Industry Role: Join Date: Sep 2010 Posts: 17,564	This is great and barely exaggerated

11-02-2014, 05:00 PM	#8
mineistaken See signature :) Industry Role: Join Date: Apr 2007 Location: ICQ 363 097 773 Posts: 29,656	Lol at the Italian one Funny because it's true

11-02-2014, 05:29 PM	#9
Coup 🚨 PBBC International 🚨 Industry Role: Join Date: Apr 2010 Location: /👁\ Posts: 9,931

11-02-2014, 07:18 PM	#15
Matt 26z So Fucking Banned Industry Role: Join Date: Apr 2002 Location: ¤ª"˜¨๑۩۞۩๑¨˜"ª¤ Posts: 18,481