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Old 10-14-2011, 12:17 PM   #1
SamIam
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Originally Posted by TheMercenary View Post
Rand was the bomb. Atlas is shrugging. You funk politics. The local government at the point of protest has no responsibility to support the protesters with tax payer funds and they are costing the local governments millions of dollars.

"Capitalism is an economic system in which the means of production are privately owned and operated for profit, usually in competitive markets." Wiki.

Corps can make any amount of money and had it out to what ever organization they want. Government does not "hand out cash" to the corps. Or maybe you are trying to say that because the government gives a corp, like say GE, a tax break they are handing them money. That would be a big fail as well.
I agree with your Wiki definition, but I was not talking about tax breaks in my reply. I was talking about the government and, by extension, the tax payer, handing out billions to mismanaged financial institutions to prevent them from failing. That is anything BUT capitalism.

I think Rand would be horrified by present day developments. At least her characters knew how to run a business and were described as honest. Two attributes lacking in many CEO's today.
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Old 10-14-2011, 05:29 PM   #2
TheMercenary
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Originally Posted by SamIam View Post
I agree with your Wiki definition, but I was not talking about tax breaks in my reply. I was talking about the government and, by extension, the tax payer, handing out billions to mismanaged financial institutions to prevent them from failing. That is anything BUT capitalism.
Tell it to Obama and Bush, they crafted it. And that was in the past. Great to see all these protests over what happened 3 years ago. I have no doubt that Obama would do it again, like he, Pelosi, and Reid totally screwed this nation with his "stimulus".

Quote:
I think Rand would be horrified by present day developments. At least her characters knew how to run a business and were described as honest. Two attributes lacking in many CEO's today.
I think Rand would be shaking her head in disbelief that the thought of the destruction of this countries infrastructure via the Obama and Bush administrations over regulation appears to be a precursor to what happened in Atlas Shrugged.
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