Pope Francis Doesn’t Understand Economics & Capitalism: Judge Napolitano

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card802
card802
September 22, 2015 4:13 pm

Breaking news:

WASHINGTON—Admitting the startling discovery had compelled him to reexamine his long-held beliefs, His Holiness Pope Francis announced Tuesday that he had reversed his critical stance toward capitalism after seeing the immense variety of Oreos available in the United States. “Oh, my goodness, look at all these! Golden Oreos, Cookie Dough Oreos, Mega Stuf Oreos, Birthday Cake Oreos—perhaps the system of free enterprise is not as terrible as I once feared,” said the visibly awed bishop of Rome while visiting a Washington, D.C. supermarket, adding that the sheer diversity of flavors, various colors and quantities of creme filling, and presence or absence of an outer fudge layer had led to a profound philosophical shift in his feelings toward the global economy and opened his eyes to the remarkable capabilities of the free market. “Only a truly exceptional and powerful economic system would be capable of producing so many limited-edition and holiday-themed flavors of a single cookie brand, such as these extraordinary Key Lime Pie Oreos and Candy Corn Oreos. This is not a force of global impoverishment at all, but one of endless enrichment.” At press time, the pontiff had reportedly withdrawn his acceptance of capitalism, calling any system that would unleash a Roadhouse Chili Monster Slim Jim on the public “an unholy abomination.”

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card802
card802
September 22, 2015 4:14 pm

Grrrrrrrrrr

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card802
card802
September 22, 2015 4:15 pm

Fuck it. It was the pope holding two packages of Oreos. hahaha……

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nkit
nkit
September 22, 2015 4:50 pm

Bernie Sanders said we don’t need as much variety as we have in deodorants or sneakers, and I’m certain he would not approve of so many varieties of Oreos. Maybe he should just stick to selling fried chicken.

robert h siddell jr
robert h siddell jr
September 22, 2015 4:54 pm

Capitalism and Economics oreo just the tip of the iceberg of his ignorance.

Anonymous
Anonymous
September 22, 2015 5:43 pm

God says two significant things about economics that the Pope seems unaware of:

The working man is due his hire (that means his wages belong to him, not a government or other third party that did not earn them).

God hates dishonest weights and measures (you don’t have to think on that too long to figure it out).

If you are among the privileged few that actually meet and talk with him, ask him how these two God ordained principles apply to his economic philosophies that seemingly endorse taking from those that earn to give to that do not.

Satori
Satori
September 22, 2015 5:50 pm

ummm
Judge
Goebbels called and said “keep up the good work”

Why Has Labor’s Share of GDP Declined for 40 Years?

http://charleshughsmith.blogspot.com/2015/09/why-has-labors-share-of-gdp-declined.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+google%2FRzFQ+%28oftwominds%29

Dirtscratcher
Dirtscratcher
September 22, 2015 6:06 pm

“Why Has Labor’s Share of GDP Declined for 40 Years?”——Satori

Because government’s share of GDP has increased commensurately, as has it’s power and level of tyranny.

Are you sure Goebbels wasn’t speaking of you?

Satori
Satori
September 22, 2015 6:21 pm

How the 1% got richer, while the 99% got poorer

http://www.theguardian.com/commentisfree/cifamerica/2011/oct/26/how-1-got-richer-99-poorer

“Simply put, the CBO report shows that over the last quarter century (1979 to 2007, to be exact), the top 1% of income earners enjoyed far, far bigger real income gains than the other 99%. As a result, the share of total income earned by the top 1% rose dramatically – doubling from 10% to 20% – at the expense of falling shares of income for all of the other 99% of the US population.”

“First, the last 30 years of ideological preaching about the superiority of private, deregulated, market-driven capitalism served to enable and mask one of the largest and fastest upward redistributions of income in modern history.”

scratch some more dirt scratcher

Anonymous
Anonymous
September 22, 2015 8:22 pm

Satori.

Don’t stop at 2007, take a close look at 2007 – 2015, particularly so 2009 – 2015.

The real problem is, at least in America and most of the de-industrializing West, that we have quit producing new wealth that would normally benefit the producing classes (that would be real goods) and the income gains for lower economic classes have been negative here while positive in the nations where the wealth (real goods) are now being produced.

robert h siddell jr
robert h siddell jr
September 22, 2015 8:38 pm

OK, yer both right. The top earners have lost share except for the 1% (and we are supposed to believe they earned it and the Federal Reserve 0.01% no recourse loans to them have had bearing). We are the losers in a big Monopoly Game and the 1% are bankster & their minions. Like the kid who took Diaprim from $13.50 to $750 when he bought the company.

robert h siddell jr
robert h siddell jr
September 22, 2015 8:39 pm

oops again…NO bearing…

Iska Waran
Iska Waran
September 22, 2015 10:12 pm

“If a man will not work, he shall not eat.” 2 Thess 3:10

Credit
Credit
September 23, 2015 8:12 am

forgive the holy see for this choice of pope – it’s very hard to find one not going down on little boys

Spinolator
Spinolator
September 23, 2015 6:48 pm

Absolutely Judge. And neither does anyone in the govt. or if they do, they choose not to follow it. Along with approx. 300 million Americans, give or take a very few. So what difference does it really make if he did? No one would pay attention to him, most likely. Like Ron Paul. It makes for good rants. though.

David
David
September 23, 2015 9:40 pm

Neither do any of the academics or politicians, unless they do and just don’t care as they want more government control so they can enrich themselves and their buddies.