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  1. #241
    Registered User dyee4613's Avatar
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    Originally Posted by BDPfit View Post
    Hand holding = protecting us from the failures of capitalism.

    The government failed at that, yes. But they're only supposed to be a safety net. The banks went up because of two factors and ONLY two factors: the lender's decisions and the borrower's decisions. The government's lack of preventative maintenance did not CAUSE the crisis.
    Come on.

    >>Glass-Stegall remains a law, the financial crisis doesn't happen as it requires a wall between investment and retail banking.


    Yes, one of the main jobs for the Feds is to regulate the market. But the blame for sh*t hitting the fan first goes to the people for choosing to buy into an unsustainable system, second to the banks for propagating it, and then lastly to the government for not curbing it before it was too late
    The government is not the federal reserve. People bought loans because the government encouraged lending to blacks/poor people.

    http://www.forbes.com/sites/richards.../#502f8a65449e
    http://www.heritage.org/research/com...ecession-worse
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  2. #242
    RP R[̲̅ə̲̅٨̲̅٥̲̅٦̲̅]ution JamesMUSCLE's Avatar
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    Your life will never be a straight path.”
    “To not only take risks, but to be open to life. To accept new views and to be open to new opinions. While it may be frightening, it will also be rewarding. Because the chances you take… the people you meet… the people you love…the faith that you have—that’s what’s going to define your life.”
    “And when you fall throughout life, fall forward.”
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  3. #243
    Registered User iLiketoLift898's Avatar
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    Originally Posted by Josh81 View Post
    denmark isn't primarily democratic socialist?
    The Scandinavian countries follow social-democracy, which is basically a mix of capitalism and socialism. The way it works is that the government works together with the private sector to ensure full employment, a strong industry and a high standard of living.

    The government provides free healthcare, free education(including university) and a generous welfare system, including paid maternity leave. However, they mostly leave the private sector to itself(as long as they treat their emplyees good), don't regulate businesses too much and provide tax cuts to those who start businesses and create jobs. Industries of national importance, for example oil and gas, are owned and operated by the government and private investors together, while other markets, for example the real estate market, has virtually no regulation at all and is almost laissez-faire.

    We also have a moderate level of income taxation: about 20% for low income people, 32% for middle income and 45% for the rich.

    The system is a success but I don't know if it can be applied to all countries.
    Source: I live in Norway.
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  4. #244
    MAMBA SWAT nofear24pr's Avatar
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    I prefer Trump because he is strong willed, says whatever he thinks, doesn't give a fuark what others think about him, and he really has nothing to win by being president, so it seems that he really wants to "make America great again".

    Bernie is a great guy with has some great ideas, but I don't think he is strong enough to make them happen.
    Kobe all life. Man City. Bengals.

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  5. #245
    Registered User JDSir's Avatar
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    Originally Posted by BDPfit View Post
    Don't even know why I'm responding to an 18 year old idiot (red)...


    Anyone who even remotely equates today's illegal immigrants with how America was claimed in the 1500s is a certified autist. The native Americans had no national system, and they were just as savage to the immigrants as they were to each other. They just didn't have the technology and were prone to European diseases. ALL nations were founded through conquering. From the time that a land is conquered it's now that nation's "job" to protect its interests and people. North America had no nation in place until "America" was founded, and the rest is history.
    you mad there pal?


    ITT everyone does a google search brb an expert in politics
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  6. #246
    The American. BDPfit's Avatar
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    Originally Posted by JDSir View Post
    you mad there pal?


    ITT everyone does a google search brb an expert in politics
    Typical emotional retard

    Shown to be completely and utterly wrong, with baseless emotional bs


    Responds by asking if I'm mad, lmao just lmao I was like lmao
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