Money buys power....when you concentrate most of the money in the hands of the few... your giving them most of the power....and they are not....and do not use their power or wealth to benefit anyone besides the powerful and the wealthy.... notice that in real life????? or do you really believe that just because you support them with your votes.. that you to will become like them, wealthy and powerful? capitalism doesn't work that way..
George Carlin said it best...."They call it the American Dream because you have to be sleeping to believe it" (paraphrasing)
Capitalism is about freedom. The chance to become Wealthy. but capitalism has a way of weeding out the losers, weak and even over greedy types. Competition keeps the ground level. Your libs always seem to forget about competition. And with all do respect, Carlin was a fuuny guy, I lved his stuff too. But we was hippy comedian. Not an anybody I would qoute on whats best for this country.
Again,without profit, there is no jobs for you and I. And I don't advocate for the rich. If that were the case, I would saying to extend the Bush tax cuts for the top 2% but not the other 98%. I advocate for financial freedom. Cause financial freedom is what keeps you and I free from a tyrant government.
I guess you can make the case for Toyota.....I would tend to agree that they are building here to serve our market primarily...
Our Car manufacturers are moving plants to Mexico for example...not for serving their market as much as it's for their cheap labor.....A Company does not have to close factories here to just serve the foreign market....If that were true, wouldn't all the Foreign Companies have many manufacturing plants here to make all the T.V's and cameras, phones ect ect ect... to serve their "foreign" market ? I guess you can make a case about Toyota....But how do you explain the fact that we do not make many of things we use here anymore? Taxes are not the main reason....just an excuse.....
I didn't say that We are the ONLY consumers in the world..The point I was making was that we are the largest and (until recently) most affluent nation of consumers....Yes all those in China & India and everywhere you can name do consume...but to a far less degree than here...Our society is a society of excess more than most other counties and that's the core base of consumers that manufacturers are targeting and at the lowest cost possible......to maximize profits....How many Nike Shoes do the workers over seas buy with their dollar a day salary? ...But yes Multi nationals serve foreign markets....never said they didn't...just disagree as to what extent and the main motive for moving jobs offshore....
You say taxes are a cost of doing business....Yes very true.....Corporate tax rates are lower now than at any other time....and Companies are still taking jobs out.....Out sourcing of jobs was not as pervasive as it is now..even when the top rates were well above 50%.....We have a deficit problem here that needs to be addressed....and lowering revenue's to not only maintain, but pay down debt wont work.... Warren Buffet.. ,a very rich person, even recognizes the need for more revenue...not less...I.E. Higher taxes....especially on those who can afford it....people like him!....We need to be more concerned about whats best for the Country as a whole, rather than whats best for the Rich.
I agree that spending must also be controlled along with a tax increase...Even Ronald Regan raised taxes.....and I think more than once to...George Bush Sr also saw the need for tax increases....
Spending cuts, Sure...Start with ending the perpetual war machine.... We would not be in this condition were it not for those wars of choice.........
When a President takes office..he inherits the problems or benefits of the previous administration.. Sometime policy takes time to take effect and for those effects,good or otherwise, to become manifest....not over night as you seem to imply....The last years of Bush's term oversaw the worst job loss we have seen since the 30's......millions of jobs lost....hundreds of thousands a month...The Democrats do not control anything in Washington....They only enable the republicans.....they tend to capitulate rather than negotiate...Spending more than what we take in is not just a Democratic issue...Republicans overspend just as much....Bush Tripled the national debt from what it was under Clinton....
Fannie and Freddie used by the Government to facilitate the economic collapse??....not manipulation as much as lack of proper oversight,...incompetence if you will,..I agree with you that the loans such as you describe were reckless and irresponsible...on the part of the borrowers that signed on and the lenders who encouraged them to do it as to make money...commission for the originator....profit for the lender....till it went bad that is... We basically agree on this point.....Enough Blame for all....
Capitalism weeds out the weak and the losers?? It "weeds" out the jobs of average Americans..."weeds out" the higher paying Union jobs..or higher paying jobs in general.. It "weeds out" competition....through mega mergers and corporate takeovers....You may see many "brands" on the store shelf's...but there are few companies that actually compete..the rest are all wholly owned susideries of each other..I.E buyouts and mergers, but still keeping the "brand name" so as to give the illusion of choice...
You seem to think that profits are the end of of everything?? well they are necessary to be sure and that's not a bad thing..you correctly point out that without profits we would not have a job....On the other hand...there would be More jobs.....given the fact that thru excessive thirst for more profit...companies lower wages and cut benefits to employees... and lay off workers...So its a two edges sword... Who was it that said "those who live by the sword Shall also die by the sword"? reasonable profits....equals more employment...Excessive greed tend to cut job's...IT is possible to have to much of a good thing....
One final point...Yes Carlin was a great comedian....I was only quoting him on his observation about "The American Dream" Not quoting him on what he thought was best for the country....But your point on that is well taken..
We have fundamental differences in our views and what we believe to be solutions but we also find some common ground and that's whats so great about our freedom to express ourselves in a civil manner...and in that vein I appreciate your time reading and responding to my posts...(somewhat long winded to..sorry) I also appreciate your insights and your articulations...