Posted on 03/28/2020 7:10:27 AM PDT by PJ-Comix
Many people are unaware that Alexandria Ocasio-Cortez, in addition to serving in Congress, is also an orchestra conductor. Sometimes she combines the two jobs as when she denounced the Stimulus bill while simultaneously conducting the 1812 Overture.
AOC is a half-wit
CUT TAXES AND CUT GOVERNMENT
See Trump the swap killer
A Pole Dancin Mama.
I love Trump but I think even Trump was brainwashed at the Wharton School of Economics, which like almost all schools except for the University of Chicago, taught and teaches the refuted Keynesian Economics hoax (the way they teach the Socialism hoax).
I don’t think Trump has yet fully grasped the difference between business (buy and sell retail) and economics (supply and demand of the market economy free from government interference).
In business, you buy low and sell high.
In economics, you let the market economy run free from government interference as laid out many years ago in Adam Smith’s “Wealth of Nations” and sharpened later by Milton Friedman.
In economics, you let the market economy run free from government interference.
Remember how the stock market crashed he’s on the right track he understands economics far more than most in D.C. and wall street talking heads who miss the mark more times then they hit it they guess ore then the know the facts.
Well he’s missed it big time with this stupid and destructive “Stimilus Bull”.
Marry me, Lexi. I can fix you.
“I don’t think Trump has yet fully grasped the difference between business (buy and sell retail) and economics (supply and demand of the market economy free from government interference).”
I have to disagree with this as he has had a most successful time in business. As of 2019, Trump’s net worth (as estimated by Forbes Magazine) is $3.1 billion, with about half of that coming from his New York City real estate holdings, and about a third coming from his national and international properties (including hotels and golf courses).
Supply and demand? The Trump Organization operates the Central Park Carousel, a merry-go-round located in Manhattan’s Central Park. In 2010, Trump took over the management of the carousel, where he promised to revive the merry-go-round after its previous operator was removed by the city’s parks department. The carousel generates $589,000 from annual admissions. So something this minute was turned into a profit that people wanted to use.
Other products that Trump has invested and run, in many cases, other than his hotel properties are:
Trump Financial (mortgage firm)
Trump Sales and Leasing (residential sales)
Trump International Realty (residential and commercial real estate brokerage firm)
The Trump Entrepreneur Initiative (for profit business education company, formerly called Trump University)
Trump Restaurants (located in Trump Tower and consisting of Trump Buffet, Trump Catering, Trump Ice Cream Parlor, and Trump Bar)
GoTrump.com (former online travel search engine)
Select By Trump (line of coffee drinks)
Trump Drinks (energy drink for the Israeli and Palestinian markets)
Donald J. Trump Signature Collection (a line of menswear, men’s accessories, and watches)
Donald Trump The Fragrance (2004)
SUCCESS by Donald Trump (second fragrance launched by the Trump Organization and the Five Star Fragrance Company, released in March 2012)
Trump Ice (line of bottled water)
the former Trump Magazine
Trump Golf
Trump Chocolate
Trump Home (home furnishings)
Trump Productions (television production company)
Trump Institute
Trump: The Game (1989 board game with a 2004 re-release version tied to The Apprentice)
Donald Trump’s Real Estate Tycoon (business-simulation game)
Trump Books
Trump Model Management
Trump Realty
Trump Shuttle
Trump Mortgage
Trump Vodka
Trump Steakhouse
Trump Steaks
In addition, Trump reportedly receives $1.5 million for each one-hour presentation he does for The Learning Annex. Trump also endorsed ACN Inc. a multi-level marketing telecommunications company. He has spoken at ACN International Training Events at which he has praised the company’s founders, business model and video phone. He earned a total $1.35 million for three speeches given for the company amounting to $450,000 per speech.
The Trump Organization also houses ventures started by Donald Trump’s daughter Ivanka, which includes Ivanka Trump Fine Jewelry (a jewelry line) and the Ivanka Trump Lifestyle Collection (a high-end designer-fashion and cosmetics line that includes fragrances, footwear, handbags, outerwear and eyewear collections)
And this isn’t all. But he has knowledge of supply and demand as, at a minimum, displays his ability to act as a normal CEO and hire genius to make it work, is presentable.
Trump has no reason to consider a market without government involved. The term market economy was invented in the early 1800’s and has been involved with the US markets since long before Trump was born. A market economy is the basis of the capitalist system. But it has to work within the government regulations that have been in for decades. Everything from wage level, to interstate commerce, to tariffs, to logistics is a very few things that come into play.
You will never find an economy in this country that is not government refined unless the government completely disappears. Not with the size of the supply and demand, or the lack of regulation to keep it safe for the seller and the buyer, all the way down the line. And investors and buyer know this and have all worked the same way for a couple of hundred years. Or some were arrested or fined or both. Sorry about the length, but it could have been longer with $3.1 billion in the loop.
https://en.wikipedia.org/wiki/The_Trump_Organization#Leadership_under_Donald_Trump
rwood
That's the problem. So many don't get what Adam Smith is talking about in the "Wealth of Nations" and many seem clueless about the potential economic blast off contained in the voluntary cooperation between buyers and sellers in the market economy free from government interference.
So many have been brainwashed by Keynesian economics and its accompanying socialism, they don't understand nor value freedom.
You don't hear much about freedom and individual freedom these days, but God-given individual freedom is what our country was founded on and demonstrated especially in the 1800's from which America emerged as a military and economic world power.
The Free Market Economy is freedom in action and it creates wealth in and among nations.
Your Keynesian socialism has proven itself to be bankrupt on the ash-heap of history, yet it keeps getting dug up again walking around like one of those zombies. Freedom and the Free Market has, is, and always will be the greatest and most powerful way to live and thrive the world has ever known.
That's just the economic argument against government overreach. Haven't even started in on the fact that 80%+ of the feds is unconstitutional and should be dismantled in order to restore our Free Constitutional Republic.
The Free market ends at the border....
Cortez never heard of the 1812 Overture.
“...the voluntary cooperation between buyers and sellers in the market economy...”
And that’s where the problem comes in. An example of an inflated market to drive up costs faster than corrections is the market explosion created in the early Clinton years. The market can be manipulated so easy with such a small amount of stimulus, positive or negative, that it places such a need on the players to remain honest and not take advantage of an ignorant buyer, or one thinking they have an inside idea, that it can implode itself.
The system you mention was like when this country was new. And the lack of size and needs of supply/demand were generally local and the players had to answer to their mistakes, honest or not, because they were standing in front of the person they dealt with. Not so today.
And the ability to literally cheat people is displayed with people like Martha Stewart who dumped stock before it went down and cheated people out of over $40,000. With no government intervention, she buys a new car while someone has to sell theirs without Uncle Sugar stepping in. Laws are not made to stop the market. When a stimulus bill can make it jump 1000 points in a day, it can work while cutting out the graft that people will do historically. And the bill itself was graft.
In a perfect world, everyone works for the good of all based upon the free action of the market. Not so in reality.
rwood
Generally, the Free Market Economy is without drama. But every so often, there is disruption, usually because of new technology or a major demand shift for whatever reason. Sometimes the disruption is caused by the unforeseen or irrational decisions people make.
But often such disruption usually ends up bringing a greater level of wealth and higher standard of living for the average citizen.
Your problem is you, along with too many others, think that government is a “stabilizing” agent when in fact the history of government interference shows that government is the major cause of great chaos and confusion in the marketplace. As Reagan used to say, “Government isn’t the solution, government is the problem.”
Your underlying problem, again along with too many others, is you don’t believe in freedom. You think government is necessary to curb a free society. Welcome to socialism and tyranny. Over the centuries, people have literally died to have the freedom from government that we take for granted and that too many are willing to trade for “government security” (an oxymoron).
You again along with too many others have abandoned the only legal bulwark of freedom against tyranny - the Constitution - and support the $4 trillion totalitarian federal government which is 80%+ unconstitutional and is the greatest threat to our lives and freedoms.
Well I’m a Patriot who is here of fight for the faith and freedom of our Fathers and Founders and to restore our Fee Constitutional Republic which includes the wealth-creating Market Economy free from government interference - Adam Smith’s “The Wealth of Nations”.
“Your problem is you, along with too many others, think that government is a “stabilizing” agent...”
Not as much stabilzation as protection. You trust the people that are running the market and the flow of products and usage to behave themselves. And I can promise you they won’t. I can display many times where people are either forced, or have self-interest, to take great advantages of the market. And the government was right in there with them in the early 90’s when the problem of the market value exploded in everyone’s face because it looked like success. Remember, “It’s the economy, stupid.” And that lie triggered all kinds of changes up and down the economy till it balanced out and the poor were poor again. But not until Clinton got elected a second time. And the economy and the housing debacle were a couple of reasons Gore didn’t.
People cannot be trusted not to use history, common sense, and integrity to do their work in the best interest of all. They all consider more better. And in the case of the market, it isn’t always. It just inflated the value of everything to look that way. And everyone bought into it.
“But often such disruption usually ends up bringing a greater level of wealth and higher standard of living for the average citizen.”
Maybe a greater level of wealth, depending on who you talk to. But the standard of living catches up when everything has to increase in cost because one piece of the chain is increased. Dominoes.
Average prices in 1990
Postage stamp – 25 cents
Loaf of bread - $1.29
Gallon of Milk - $2.15
Gas a gallon - $1.08
Car average - $9437
House - $128,732
Income average $14,777 A lot more medium level than poor or rich.
Average prices in 2020
Postage stamp – 49 cents
Loaf of bread - $9.29
Gallon of Milk - $3.53
Gas a gallon - $2.55
Car average - $37,000
House - $238,840
Income average $74,321 A lot more rich here than either of the other two.
But remember, the guy who makes $100K pays the same price as the person that makes $17,240 a year per couple (And add $4,480 for each child added)as determine by the US department of Health and Human Services.
So are we richer…....no. We’re just working with bigger numbers. And for the low end, they are losing ground. So the higher the market goes, the poorer the people get. And if the supply is retarded by price to pay the higher bills by everyone in the chain, the poor get poorer. And unfortunately, the rich will also when they can’t sell their products to pay their bills due to a misrepresented market when enough people see an opening and take it before an adjustment to wages kicks in in smaller increments.
And before you think it will happen at the top, how in the world are employers going to pay $15 an hour minimums to sell an inflated product the public can walk away from? And that’s why there are laws and edits at every level: to keep a market from destroying itself and everyone around it by human error that will happen. It has before, and people don’t learn from it. And this time it was done on purpose.
rwood
Again, you don't understand and/or belive in freedom, the basis for America's founding. Your answer is unconstitutional totalitarian government to "protect" us. Again, welcome to Communist China, tyranny, and misery.
And who, pray tell, is going to protect us from the savage teeth of government tyranny?
What is government anyway? Just a bunch of people like those you say cannot be trusted not to use history, common sense, and integrity to do their work in the best interest of all. But THOSE people, the ones in government, have the POWER to FORCE you to do things their way regardless of reason or accountability. Your answer is far worse than your perceived problem.
And if you understood the Free Market, you'd understand people don't have to "work in the best interest of all" (communism). The free market is driven by God-given self interest and yet ends up benefiting all without trying. As Adam Smith pointed out in "The Wealth of Nations", do-gooders rarely help things.
That is the reason for THE CONSTITUTION. Abandon the Constitution and you abandon hope for a good and better life for now and the future.
Not sure why you're on this site. This is a place for freedom lovers not communists.
“What is government anyway?”
It isn’t just a bunch of people. It’s the people you helped, or didn’t hinder, to get elected to do the work they are doing. So if you exercised your option to vote, and your option to run or administer against, then you can say you exercised your privilege as a citizen. And you would get a government you built which you can trust to do what you advocate. That’s how democracy works.
“And if you understood the Free Market, you’d understand people don’t have to “work in the best interest of all”
No, they don’t. But if rules to protect the people are not in the works, you have anarchy which is defined as a state of disorder due to absence or nonrecognition of authority. That’s why we have laws so innocent people will not be harmed. They have money and a product, too. If you harm them, they will be forced to fight back. The market is not a monopoly. And that’s its strongest tool. It creates cooperation to keep its existance.
“And if you understood the Free Market, you’d understand people don’t have to “work in the best interest of all”
I can promise you that after a short time, your ability to work within the market without following the rules will be limited when your competitors and your agents get hurt because you tried to hammer them in your efforts at dog eat dog. At that point, you are creating a criminality just the same as you might put a gun to someone’s head. It will bear a strong resemblance to the Italian Mafia of the teens, twenties, and thirties. And we all know how that ended. No rules.
And when your competitors get enough of you, they will start dealing with your customers, sometime together, offering them things you didn’t just to shut you down. Happens all the time now. You don’t deal, you can’t sell, you go broke. Game over.
Man has to have rules. All animals will stretch the rules. And left unchecked will continue to go further and harm someone. And it will destroy the free market that you wish to control with your own rules that may not be appreciated by others. The market thrives on understanding of limitation. Just like laws protect the citizens. Be like putting chimps in a room filled with plates. And when they run out, they will fight over the pieces until they harm every animal but one. And then they will have nothing worth keeping and the rest of the individuals outside goes hungry with nothing to eat on. Or they can eat with their hands just like animals. That an improvement?
rwood
I guess I’m arguing with a socialist/communist who doesn’t really have a rational argument. For instance, contrary to your protest, yes, government consists of people just like you and me - just as you described them- they think about themselves and their self interests mostly. Nor do you understand or like freedom or the free market and you think government is the solution.
Rots a ruck with that.
Still don’t know why an socialist/communist is on a site promoting freedom, the Constitution and decentralized, limited, and small government. Maybe you’re here to disrupt. Dunno.
Your badly applied guess about me couldn’t be further from the situation. I don’t trust people any more than I trust the government. And both have earned that lack of trust. And anyone that thinks opening up the market for people like you to shred and hurt people in a predatory way while crashing the system until it is no longer free is no better than socialist which is their exact intent. And the lack of rules creates an atmosphere of demolition ignoring the best interests of everyone, including yourself, until it becomes suicidal on your part.
You just run right on out there into the business world and try to push people out of the way to get your gains. You’ll get away with it for awhile...then you will push someone a little too much and they will separate you and shut you down. Good luck with that one.
Oh, I would say a liberal/socialist would attack the messenger when they can’t attack the message. Been in their playbook since Johnson. But I know nothing about you other than what you write so I won’t venture trying to psychoanalyze you. I admit I’m not qualified. I wish you luck. Maybe you’ll learn before someone gets enough of your strong arm tactics and crucifies you.
rwood
Well, we seem to have no rational starting point.
I mean, you deny that government is really just a bunch of people who are just like everybody else - out for themselves and their interests. But if that’s not what government is, you give no alternative what you say government is.
Self interest, BTW, is not necessarily a bad thing - God gave us self interest. Without self interest we would die very quickly. But that is why the Constitution was so wisely created as the Supreme Law of the Land over the feds to keep it limited and relatively small.
Then you say that the voluntary cooperation between buyers and sellers with government interference (the basic definition of the Free Market Economy) is a problem but the little you rationale you offer shows a serious lack of understanding about the free market or freedom in general.
You also fail to distinguish between the how self-interest works in the free market vs. how it works in government. The former is voluntary while the latter is forced. But you deny all of that without offering much rationale behind your denial.
So it isn’t psychoanalysis to say you must be a socialist or a communist because they are characterized by these same problems - a severe lack of understanding of the nature of freedom and the nature of government but a default (unspoken sometimes) to government despite the protestations.
Anyway, we are so far apart that there’s no agreement even in rational basics. Very hard to have a coherent discussion with no starting ground.
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