I just drove through downtown L.A.
What is saw shocked me to the core.
3rd world conditions on *every* block. Tent cities. Filth. Drugs. People digging through, living in and eating trash. Broken lives everywhere.
This is not America.
See for yourself… pic.twitter.com/TjISz3rBIY— Benny Johnson (@bennyjohnson) October 16, 2022
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That’s what happens when people vote with feelings and install incompetence.
It’s also exactly what happens when 150 million of hostile foreigners are imported, and given welfare – welfare funded by the people being replaced – in exchange for the votes of those hostile imported foreigners.
As long as Topanga Canyon, Malibu, Bel Aire, Beverly Hills and other like places remain clear of the waste-products of corrupt government coupled to hyper-finance crony capitalism, and globalism it is all fine.
Go to downtown LA, you will see multiple cops whose sole job is to stand on one side of the street and keep the homeless filth from crossing the street and going into the nicer areas, herding them like animals, millions and millions spent on feeding and servicing these trash but never solving the underlying problems, just so long as they stay in their zoo
Someday a real rain is gonna come, and wash the filth off these streets
Grab a few of those bums and drop them off at Newsom’s crib..
Yup, brought to you by the uber rich, elected officials, mega corporations, parasitic justice establishment & voters without enough common sense to come in out of the rain and it is all paid for by the working class!
But from your list, guess who educators blame?
That’s weird, isn’t downtown where the skyscrapers are located?
Skyscrapers in LA?
1. Eat the rich
2. Reduce government
3. Demolish monopolies
4. End corporations
5. End the fed
6. Close the borders
Unlimited wealth is poison…the proof is all around us.
What do you mean by end corporations? Without the legal protections provided by a corporate structure you would see investment and business of almost all kinds disappear. It would send the world to the dark ages. Corporations allowed the people to combine investment without individually putting their homes and assets at risk. Without that structure there would be no sharemarkets, and almost no businesses of any kind. The risk would be too great. The world would move backwards to a time of individual shopkeepers. Jobs would almost entirely disappear.
And who do you mean by the rich? Nothing wrong with being rich so long as it is earned legally. Hell, really nothing wrong about being rich if it is inherited from someone who earned it legally – why shouldn’t I be able to leave money I have earned and payed taxes on to my family?
Seriously, Wip, you are losing the plot in some areas.
Good. Fuck you and your system.
Your mommy isn’t part of this thread.
LLPOH – What are your thoughts about the Kroger and Albertons merger? Do you think it will be approved? A finger full of person besides me thinks it’s no Bueno creating a sort of monopoly on food during food shortages. Most everyone else is like lalala. Outside of Amazon, Wally, and Costco, the main players in 5 miles were Mariano (Kroger) and Jewel-Osco (Albertsons). The first represents 3 out of 7 stores and the second represents 4. If this is approved, all 7 stores will be represented by Kroger.
The rationale is that they can provide consumers with savings. Can’t they also deny the wholesalers what they are asking? What incentives does a wholesaler have to stay in business?
Boot licker
“Hell, really nothing wrong about being rich if it is inherited from someone who earned it legally”.
The first problem Llpoh is that most of the time it is not earned legally. The second problem is the worship of money for it’s own sake. The Good Book warns us about storing up wealth in this world only to find that you can’t take it with you:
“We live in a world where many have fallen victim to greed and selfishness. Because of the prevailing commercial climate, much emphasis is placed on wealth. Hence, a Christian does well to examine himself to be sure that he is not falling into the same trap that ensnared the commercial city of Tyre. Does he spend so much of his time and energy in material pursuits that he is, in fact, a slave of riches? (Matthew 6:24) Is he envious of some who may have more or better possessions than he has? (Galatians 5:26) If he happens to be wealthy, does he proudly feel that he deserves more attention or privileges than others do? (Compare James 2:1-9.) If he is not rich, is he “determined to be rich,” whatever the cost? (1 Timothy 6:9) Is he so occupied with business matters that he leaves only a very small corner in his life for serving God? (2 Timothy 2:4) Does he become so consumed with the pursuit of wealth that he ignores Christian principles in his business practices?—1 Timothy 6:10.”
https://austrianpeter.substack.com/p/praying-for-fun-truss-me-im-a-doctor?utm_source=post-email-title&publication_id=762792&post_id=77214987&isFreemail=false&utm_medium=email
Peter – most of the time it is earned legally. Most rich earn what they have legally. You toss out stuff like “most” quite easily. Like people do when they talk about the 1% – when the top 1% are most.y people who run businesses of their own or who are professionals. Maybe you should define rich so that “most” takes on some meaning in context. A lot of doctors and small businesspeople are rich.
You need to put some context in there, because depending on how you define rich it is potentially and absolutely incorrect. If it includes people with say $10 million it is entirely incorrect. Plus just you saying something as unqualified as “most” don’t make it so. I know a lot of rich people – say worth $10 to $200 million. And every one of them made it legally, without exception.
There are things in the Bible that also indicate that wealth may accrue to the wise, and indicates that inheritance is not necessarily a bad thing. Image that.
Proverbs 13:22: Good people leave an inheritance to their grandchildren, but the sinner’s wealth passes to the godly.
Proverbs 21:20: The wise have wealth and luxury, but fools spend whatever they get.
Excellent reply my friend and I agree that I misused the word ‘most’ – I apologise for that. To clarify: by ‘most’ I mean those who have more than they need to meet their ‘reasonable’ material demands.in life – ‘Maslow’s Hierarchy of Needs’. Wants are stronger than needs and it is this that drives greed and excess. Who really needs a 250 foot natch for his personal use?
I have been close to many ‘wealthy’ people and companies during my career as an observer/fixer. In one case a CEO I was counselling was working 24/7/365 in his businesses and had so much material wealth, far more than he could spend or endow to his children – he was killing himself and his family. I asked why he should not retire soon (he was 45) and maybe devote the rest of his amazing skills and wealth to the benefit of others. I asked him when he judged that he had accumulated enough.
His reply shocked me, he said it was never enough. This is what I meant by the Biblical references, but yours are equally valid. I guess it’s all a case of balance and moderation in all things? He was fearing the loss of what he had and the fear of not getting what he wanted – a physiological drive which had gripped him and was ruining his life. This little book I found to be therapeutic:
Governments and institutions fall into the same trap. UK suffered this during the last 2+ years and it is ongoing: I am reading this book which is a best seller and describes this effect:
Thank you for your kind reply 🙂
You are a gentleman and as always I value what you do here.
Thanks mate – no worries – have a great day!
What a bunch of socialist garbage!
And bible verses can be used to prove almost any point – even contradictory ones.
That whole line of thinking destroys people and countries. If YOU want to be amish, go for it, I’m sure they never have problems or suffer from human nature- you speak as if only one end of the spectrum causes issues. Not hustling, in a world of scarce resources and many mouths, creates 100 times more problems than a selfish, hard working, asshole with 10M bucks or something. That guy, even if selfish and a prick, contibutes A LOT to society beyond himself. I know many wealthy that are nicer than the vast majority and some that are pricks. Wealth may find anyone with any personality.
Your understanding of econ is absolute shite!!!
YOU CONFUSE CAUSE AND EFFECT.
Rich people arent the problem, and Ultra Wealthy are a SYMPTOM of massive currency debauchery after destroying a Hard Money system.
Most small fortunes in the U.S. (and i bet australia too, AP – llpoh is right), but not in socialist shit holes, come from what llpoh pointed out a while back in a post:
Consume less than earned while working hard and consistently FOR YOURSELF.
It takes time barring a windfall. And calamity may, indeed strike…opening a business is risky and not for pussies. It’s not safe out there…but it’s a path to liberty, just like the money and THAT is what euros will NEVER undetstand without removal of all the socialist brainwasing.
Are there criminals? Yes, and competitors, regulators, inspectors, shitty customers, bad vendors, poor equipment, lazy socialist employees, etc – you should never try it…unless you want an opportunity to see if YOU – JUST YOU AP – can do it. Do you climb mountains or ride dinosaurs?
What system minimizes criminal gains most (not completely) WHILE providing most opportunity for others? Are all the techy, intelligent, creative people just begging to go to socialist europe or authoritarian china or saudi – well, a few if you pay well over market? But mostly, NO. Those people STILL know the U.S. (sorry llpoh, aussie too – peace and apology) offers the most opportunity.
You sound very angry J & G, but please be assured that I do understand your position as indeed do so many Americans have that ‘pioneering spirit’ which has made USA the greatest wealth-generating nation ever. I shared and experienced this in spades in Cape Town for 10 years. SA has little in the way of welfare benefits but with 40% unemployment, especially for the youth. Yet ‘unemployment’ doesn’t mean that the wonderful citizens are not ‘economically inactive’. The reverse is true. I therefore agree with your proposition that social welfare destroys enterprise and SA is a leading example although in other ways, at least politically, it is a failed state.
However, you may wish to note the G-n–L comment below which saves me from repeating his sentiment. The Global Financial System, actually managed by Great Britain in many ways through the eurodollar markets, has been corrupted by financialisation to such an extent that it is failing miserably post 2008 and has reached a point of no return. The Bretton Woods system has to be Reset and this is being implement now through CBDCs as the Bail-in system saves the financial institutions, probably during 2024.
Wealth disparity in the developed world is at such an extreme that the ‘doers and producers’ have nothing more to give. I wrote about this here:
https://austrianpeter.substack.com/p/a-perfect-storm-the-money-crisis?s=w
And this on financialisation:
https://austrianpeter.substack.com/p/the-road-to-zero-leading-to-food?s=w
AND here is one solution following the coming crash:
https://austrianpeter.substack.com/p/the-financial-jigsaw-part-2-localisation?s=w
I should be most grateful if you were able to devote a little of your valuable time to read my links thus perhaps you might be able to comment these issues,
Best wishes and go well – AP. 🙂
Here’s today’s example of the rot that is your American/Wall Street system:
“On Friday, Bostic released a seven-page statement in which he owned up to the following: failing to list a multitude of trades that were conducted on his behalf by trading firms on Wall Street over a period of five years; failing to properly report income on his assets on his financial disclosure forms; trading during blackout periods when trading was barred by the Federal Reserve; providing inaccurate values on his financial disclosure forms. The upshot was that Bostic had to restate his financial disclosure forms for the entire five-year period he has filed them at the Atlanta Fed , i.e., 2017 through 2021.
If a publicly-traded company had to restate its earnings and admit that it had lied to the American people for five straight years, you can bet that the CEO and CFO would be fired in short order by the Board of Directors. But the Board of the Atlanta Fed is sticking with Bostic – at least for now.
QED
LLPOH,
Unlimited wealth has given people like Bill Gates an inordinate amount of power over our lives.
Corporations weren’t ever supposed to be a thing beyond a clearly defined goal and then they were supposed to be defunct/disbanded(?) (Watch The Corporation). We don’t need to sue corporations. No, what we need to do is jail people but noooooo, instead we sue a faceless corporation and the corporation simply chalks it up to the price of doing business. Corporations are people now, don’t ya know? We are being ruled by corporate power, money and government.
I don’t know where you get that stupidity. Really, I don’t. That is some world class stupid right there. Without the veil of protection, the entire economic system of the whole world would crumble. And I shit you not.
Corporations do 1 thing that the world absolutely needs. It protects individual investors from losing their assets if things go pear shaped. That is what they are for. If they didn’t exist, each and every owner of a share in a business would be jointly and severally liable for every debt or issue that arises. That means the individual shareholder would loses everything if a corporation goes under. And in that situation, people simply do not invest. The risk is too great to invest in something over which you have no control.
If you want to jail people who are in positions of authority that commit criminal acts, feel free. But if you take down the safety that corporations provide investors, you will screw the pooch literally, and I am not kidding, back to the fucking dark ages.
I left a state/job once where they passed laws like you suggest. They put in criminal penalties for managers that were in charge when a workplace death/injury occurred. Well, maybe that sounds good to you, but not to me. Employees can be idiots, and they can do ungodly stupid things. And if that stupidity results in a death, and there are criminal penalties that attach to management, then the fate of a manager lies in the hands of some govt drone who may decide the manager didn’t do enough to protect the employee. I didn’t need that shit, so I left, as did many others. They had to change the laws as the outflow of management and business was crippling.
Be very fucking careful what you wish for, as you just might get it.
Does Bill Gates have an inordinate amount of power over our lives? Yes or no?
Should the pharma liars be personally responsible for what they’ve done? Yes or no?
World class stupid? Come on LLPOH, don’t pick and choose parts of my comments.
Do corporations pose any risk at all to the citizens of a country? Yes or no? Be very careful with your answer. Endless corporations have done horrendous things.
Without corps you would be living in a hovel and shitting in a hole. No fucking kidding. The system isn’t perfect but it is far, far better than anything else. You propose doing away with the corporate veil, which is the stupidest damn thing ever posted on this site.
Corporations are not even a blip on the threat list compared to politicians.
Man, your envy is overriding good sense. Without the corporation structure we would be fucked and the standard of living in the US and Oz would be third world. Not even Bernie Sanders is that damn stupid.
Bill Gates has nothing to do with your idiocy of wanting to dissolve corporations. He is rich as fuck and meddles. But fact is he can’t do a damn thing if the politicians don’t listen to him.
You are losing the plot Wip. I am serious. Your hatred of rich people, whatever rich means, has entirely clouded your ability to think straight.
I don’t hate the rich. I hate the power they weild over society. Who do you think puts the politicians in power?
I suppose you agree with Too Big to Fail also? Now THAT’S world class stupid. You do know that we fought a revolutionary war not only against an oppressor but also his corporations, right?
Why would you suppose something like that? That is absurd. As absurd as you focusing on corporations as opposed to the real issue.
You said above “end corporations” – which is almost too stupid for words. So, how about you give an example of how that would actually work.
Take Walmart for instance. The
biggest corp in the world, 11,000 stores. 2.3 million employees. Millions of associated citizens that work for them indirectly.
Tell us, just how will you end Walmart? Enquiring minds want to know. Just how will you end Walmart? You clearly have thought this through, so go ahead, tell us how you will end Walmart.
For fucks sake LL, what would we ever do without Walmart? Did the world even exist before Walmart? Yes, in fact, it did. We had many wonderful small towns with many wonderful small businesses that took “care” of their communities. I know, it sounds so weird doesn’t it?
Again, just how would you end it? We both agree that people shouldn’t shop there, but hundreds of millions of Americans do. So just how can you end such a beast without causing misery beyond imagination? 2.3 million people work for them, and millions more indirectly. You cannot forcibly end Walmart. Only customers can end Walmart, and they should. But won’t.
We would end Walmart the same way we end anything else we/government doesn’t want or like….we tax and or regulate it out of existence.
You’re not looking at the harm corporations do. You’re only focusing on…”show me the money” aspect. It cannot be denied that corporations and the rich (uber rich/”elite”) run the government.
Even better yet, why not give small business an advantage? Why not? I’ll tell you why not, corporate $$ will NEVER let it happen. When it comes to the economy, politicians love talking about jobs. Fuck jobs, we want a small business revival.
No one is stopping small business from opening a shop. Tax and regulate 2.3 million jobs out of existence as well as their associated suppliers.
And just how many small businesses will need to spring up to fill that void? Several hundred thousand at least.
Small business is largely finished, and not for the reasons you think. The population and global nature of business and regs etc all play a part. Small businesses will be vastly less efficient and far more costly.
Yup, fuck several million jobs. Fuck the suppliers. Funk the employees. Fuck the taxes they pay. Fuck ‘em all – small business will fill the gaps.
Not hardly. Not only is it absurd, it isn’t EVER going to happen. And given that most small businesses fail, there would be an enormous supply side gap. And even if it was possible, it would take decades to accomplish, at the cost of enormous misery of millions of people.
And you give corporate dollars far too much credit. The left are winning the battle not with corporate dollars but with organization. You seem not to know who the enemy is. It isn’t business. They are rational creatures, and can be easily figured out. It is the irrational creatures that are doing the damage. And the world wide debt and financial markets that funnel money into the hands of the non productive. Walmart and such are relatively benign, and could be eradicated if people would simply not buy their stuff. Never legislate that which prudent consumers can fix by their own actions. That always ends badly. To presume to know better than consumers to the extent that you bar them by law from what they freely choose to do is a very bad move indeed, and is most arrogant.
That said, financial institutions cannot be controlled by consumers, so legislation will be needed.
What?!
Corporate money is being given to lefty shit as fast as a tesla eats coal. How much money is being given to BLM, ANTIFA and all manner of woke shit? Watch any commercials lately? Corporations are also fueling race issues with the support of struggle sessions and the like. Maybe it’s overblown but still, it’s trending in the wrong direction.
We are heading to 1 world government, 1 world currency and 1 world religion. All brought to you by unlimited $$/wealt. It could not be done without it. People have to be bought in order to make this happen.
I call bullshit on “I’d be shitting in a hole without corporations” comment but, how to prove it?
I am waiting on your plan to end Walmart. You do know how you will do it, right?
Above ^
I admit to being a tad bit passionate about this topic. 🙂
I’ve seen a beautiful country turned/ing to shit. Corporations (and centralization in general) don’t give any care to local people (so many believe politics need to be hyper localized. Why not feel the same about economics/business). They are rapacious.
No. I’d be living in a hobbit hole and shitting in your soup bowl.
You’d best warm up to the idea. All the shit YOU love is about to get blown to Hell and gone…forever.
” I shit you not”
The global financial system is crumbling my friend: Blackrock should know, they own a lot of it: It broke on September 16 2019:
https://austrianpeter.substack.com/p/a-perfect-storm-the-money-crisis?s=w
I assume you are a Digger? If that is the right term. My good friend Gerry is in Brisbane and writes BOOM Economics. He is well worth following IMHO:
COVID & FINANCE LINKS: SPREAD THE WORD: YOUR DAILY COVID NEWS (cmnnews.org)
BOOM Finance & Economics (boomfinanceandeconomics.com)
BOOM Finance and Economics | Designed for Critical Thinkers — UPDATED WEEKLY (wordpress.com)
Peter – thanks for the link. I don’t get it when people blame productive corporations. Business is a natural good. Building things, farming, buying, selling, fishing, services – it is a societal good. It is what makes an economy. What is bad is when you are able to buy influence. I never most blame the bribe giver but rather the bribe taker. We have an entire class of bribe takers. When Pelosi can accumulate the wealth she has, you know something is severely wrong. The political class is enemy number one.
And the financial class is enemy number two.
Anything in the economy that can be attended to via the buying and selling actions of the population should be left alone. People need to be responsible for their actions, and any attempt to force actions upon them leads to a despotic class, a ruling class, that believe they have the right to rule as they know best.
Unfortunately, the financial system cannot be controlled by consumers, and so it will need to be regulated, or it will implode everything.
LL,
“What is bad is when you are able to buy influence. I never most blame the bribe giver but rather the bribe taker.”
You’ve seen me post this…
G.R.E.E.D
…many times over the years. You’ve got to look at both the bribe taker and giver…there are laws about this making it wrong for both. For a reason. But fear not, I’m sure those laws will be either eliminated or ignored…for the greater good, of course.
All totally correct my friend. Unfortunately 80%+ of key global producers is owned by a coterie of Banksters as they hoover up SMEs which show promise/patents and their owners take the offered 30 pieces of silver to run away. Mega corporations are incredibly inefficient, as are all monopolies, but they succeed due to economies of scale. I have analysed 1000s in my career – and not one is without a special hidden secret process, a USP or two and access to almost unlimited market finance. Fully explained here:
During my training with Xerox in the 1970s the class was allowed to observe a modified Monopoly game in which, after nearly two hours of full play, one player went bust. We were offered £1,500 from the bank to take his place. I knew enough not to play but one innocent joined the game. Question 1 – how many circuits of the board do you think he made before the bank called its loan? Question 2 – what colour is the most favoured set? Answer:
The birth of Private Equity:
https://en.wikipedia.org/wiki/The_Mayfair_Set
This has been going on for 400 years (BoE was established in 1694) as oil has driven massive growth under the industrial revolution starting around 1800 in UK. Yes we are to blame for delivering this amazing boom in tech etc and making each of our lives a higher standard of living that a king could achieve before 1800. But it’s come to an end now – not because we have ‘run out’ oil but because of EROEI:
https://austrianpeter.substack.com/p/the-financial-jigsaw-part-2-the-end?s=w
That was three years ago. It is taking a long time to fully crash it seems.
It has taken from 2008 and it’s still going. It is not random – its’ planned and will only Reset (crash) when the BIS says so and they are driven by the Wizard of Oz behind the curtain. My guess is 2024 when the CBDCs are fully tested which is happening now in China and other countries:
“There is no America. There is no democracy. There is only IBM and ITT and AT&T and DuPont, Dow, Union Carbide, and Exxon. Those are the nations of the world today … The world is a collage of corporations, inexorably determined by the immutable by-laws of business.”
https://www.aljazeera.com/opinions/2019/7/19/the-rise-of-corporate-nations
A number of distractions have been in play “coof coof” or so it seems. Still wonder what would have happened with transparency.
Not sure how anyone can argue with that. BUT …
… the benign and helpful aspect of corporations, early on, has morphed into Great Evil. Not going to go into detail except to say that shit went downhill fast when it was declared that ===> corporations are people (or, have the same rights as people).
That is a Great Evil, an abomination, yea even from satan.
“That is a Great Evil, an abomination, yea even from satan.”
the great evil is the way govt makes burdensome & unnecessary regulations, which leads to corruption both in govt. & the private sector–
Corporations are legal entities, not people. And it allows individuals like you to invest and still sleep well at night knowing if the corporation commits a crime or goes bankrupt you don’t personally hang for it or lose your house.
What alternative do you propose? You are truly sounding like a a socialist/communist.
Why should a corporation have more protection than anyone or any entity enjoys?
I, at least, propose…
1. If a corporation causes death, treat them like you would a citizen who killed someone. Ruin them.
2. End TBTF.
The projection of humanity is slavery. This is not a mind blowing or a fucktard statement.
Do watch The Corporation. There’s some history in there.
Health care is being ruined by corporations. Cars are being ruined by corporations (at the least with help from mafia government). CBDCs are a dream for the rich. I could go on.
Not a communist or a socialist…just a realist.
What is “health care”? You mean because the corporations cannot prevent fat people, addicts, alcoholics, smokers, couch potatoes, et al from eating, drinking, snorting, smoking themselves to death, they are ruining healthcare?
Fat people are ruining healthcare. Why don’t you talk about them? Fat people are the biggest healthcare issue, not corporations. If people weren’t so damn fat, they would be living a lot longer. And let’s not forget drug and alcohol addicts. They are ruining health care.
Seriously, corporations are not responsible for healthcare. They are responsible for profit. People are responsible for their healthcare for the greatest part. Corporations sell shit for a profit. People often cause their own health issues. Corporations are not responsible for that. They are more than happy to sell fat people goods and services at outrageous prices to try and offset their lifestyle choices.
Why can’t insurers charge a fat fuck more? Why and how did the insurers (corporations) convince government to force (try to) everyone to purchase insurance? Corporate $$ made that happen.
Cars are being ruined by the EPA and safety organisations and state govts more than by corporations. They are just trying to make cars within the regs. They would happily make better cars, but heavier, more responsive, etc. don’t match up with the regs.
Cars are a perfect example. Electric cars solve nothing. It simply is about $$. Watch poverty shoot up over the next 10 years ar so due to the increased costs of transportation. More poverty.
All big corporations like big regulations. It builds their moats that much wider.
1) I have no problem prosecuting any individual if they commit an actual crime.
2) I do not believe in too big to fail. I am also not sure it is a firm policy. Banks and union controlled corps are the most likely ones in the category of too big to fail, but they cause their own issues and should suffer the consequences. A big bank will drag a lot of innocents down with it, which is unfortunate.
More than anything else(?) people, corporations, businesses and governments need to experience consequences. But nooooo, only some get to experience the joys of consequences.
I would recommend fully liable commercial units not hiding behind limited liability. I suggest Co-operatives (a limited example is the John Lewis Partnership) – there others too and they are very successful and productive – where the Doers share in the prosperity they create equally or as agreed in contract with capital. Employment methods has morphed into wage slavery.
Britain had a very effective personal housing financiers in the form of Building Societies – mutuals where borrowers own the institution. Maggie sold them all off, bar a few left, in 1980s ‘under privatisation’ as commercial banks. This resulted in the Northern Rock fiasco in 2007 as the global financial system melted down finally in 2008. A lesson in the fraudulent Ponzi schemes that is banking today:
Da comrade
Eat the gov, not the successful.
The only way enough money can be raised to do much of anything is by taxing the masses. The govt has to tax the shit out of the 330 million non-rich, because the non-rich simply do not have enough to cover the trillions being spent.
So riddle me this – who do you really think the extra 87,000 IRS agents are going to go after – the rich, with their armies of accountants who can battle every audit for years, or the masses, who the IRS makes self-audit, and who don’t have the resources to fight an audit?
I am all for stopping corporate influence. Pass a Constitutional amendment to prevent paid lobbyists and corporate lobbying (which is currently protected by the First). Stop all subsidies to corporations. Stop letting states buy in corporations and give them tax breaks. Etc. Let a free market reign.
But again, make no mistake, there is a huge spending problem (welfare and defence spending and govt drones), there is NOT a revenue problem.
But the parasite classes are the problem at all levels.
Solid.
Debauchery is the cause. The effects are too many to name (but many confuse them as the cause).
Above you stated “Without the legal protections provided by a corporate structure you would see investment and business of almost all kinds disappear.”
As I think we can agree that government is not a corporate structure, and probably also that corporations do not tax their investors,
how does the above fit together with “The only way enough money can be raised to do much of anything is by taxing the masses.”
I have no idea whatsoever what you are trying to say or ask.
Corporations don’t collect taxes and spend on welfare and social services, defence, infrastructure, etc. That is what the govt does. All combined corporations make around $2.5 trillion a year in profits, including overseas income, and pay tax on it, and then the investors pay more tax when they sell shares or receive dividends.
The fed govt spends like $4 trillion a year. Even if you were to take all the corp profit, every cent, you would still be a trillion or two short, and you would then have no corporate investment ever again.
The only way that the govt can come close to raising the amount of money it spends is by taxing the shit out of the 330 million citizens. Total US payroll is something like $10 trillion. They will tax the crap out of that, as say 25 or 30% of that will make a dent in the total expenditure. But even then the govt will fall short of the absurd amounts it spends.
Again, not sure what point you are trying to make.
I can’t tell you how but Putin is – must be – behind it.
True. If only by not mercy nuking it all to kingdom come.
Have you been to the third world?
This is worse.
Trash in the streets is about as far as it’s a similar comparison. Very limited public utilities in poor countries. But you don’t see tent cities full of drug-addled hobos. Sure, there’s slums, but they’re full of working families with self respect.
And it’s not self induced poverty. But real poverty.
Atlantic City is starting to look pretty attractive!
Anon- umm, no they are not. Not sure what third world slums you have seen.
@Anon
I have driven through 3rd world townships – they are much worse than this tent city in LA. Seems it can always get worse.
I remember seeing cardboard shacks with tin roofs along side the road in Bonaire, people sleeping on park benches in Honduras and horrible living conditions in Dominican Republic and when they come to America, they brought their living styles with them.
looks good compared to Haiti in 1977. BTW the corrupt government caused all of this here in LA. especially the democrats. They tax the fuck out of the middle class to “fix” the homeless problems , but instead funnel the money to “friendly” corporations to do the fixing, and get kickbacks, relatives hired to do nothing, and hire salaried “managers”. then there is pennies on the dollar to clean up this shit. Coeur D Alene doesnt look anything like this. its all because of democrat run corrupt local government. BTW did you notice most seem to be of dark complexion. The corrupt black people in the government fuck over their own race, and the stupid fuck vote them right back in. Like Maxine wadturd. (waters)
This is true and confirmed by what I saw in South Africa. 40% unemployed but not economically inactive.
When a home costs a million an apartment costs thousands to rent this is the result .
Why don’t you see this Europe? I thought the commie libs were even worse.
LA is run by commie libs.
(((commie libs)))
What do you mean this is not seen in Europa? You are a retarded moron.
Homeless across the West Euro countries because muh refugees by the millions aided and abetted by the usual suspects.
go to Paris France……same shit. Or londonistan
I can show you the same in at least 15 B.C. cities/towns.
I visited my hometown (<20,000 pop) a few months ago after 20 years away and was stunned. There was an indian reservation right beside town that was always a little rough looking when I was young but nothing awful. Never saw any homeless as a child.
Now the indian reservation seems to be the better looking part of town. Downtown has several blocks that are crawling with homeless and littered with shopping carts and tarps. Did not go to what back in the day was my favorite restaurant because it was ringed with skeevy looking beggars.
I thought this was bad but talked to a relative in an even smaller town and he said it was the same.
Shit is falling apart.
City of angels where the devils play.
A blue colander with 5.56mm holes.
Eh,thinking more 7.62 but yes,realize only good for lasagna noodles ect.
That said,blue colanders will hang fine with copper/stainless ect.,just saying!
Ohhhh…. adding a little rainbow colors into the mix!?!?
I was thinking of using them to wash vegetables from the garden.
Those drug addicts,alcoholics and crazy people choose to live like that. The only problem is tgat they infringe on other peoples rights.
What would you suggest needs to be done to solve this problem? How would you go about solving this problem if you were in charge?
go 50 miles east into the desert & build some tent cities–
work at what chores are assigned or no eatie–
mental cases get forced meds–
alkies & druggies can leave when clean–
if you get picked up again you will have a minimum 6 month stay at the work camp–
You’ll end up with a slave class. No good.
At least the guy did not get shot. Try driving around the S side of Chiraq filming while being white and you probably will have a holy car after the drive.
You mean more holey than righteous?
So first they attacked farmers cutting off the fertilizer, then they killed a bunch of chickens over some “disease”, then they killed a bunch of cows, then they engineered grain and rice shortages and now seafood is under attack. They are literally trying to starve us to death aren’t they?
https://www.dailymail.co.uk/news/article-11321527/Alaska-snow-crab-season-canceled-time-one-billion-crab-disappear.html
One day we walk in a supermarket and see nothing there. What kind of people do this to human beings?
There hasn’t been a lot of exposure about this but if it happens it will make a terrible situation horrifying.
https://www.cnn.com/2022/10/10/business/railroad-union-vote-strike-threat/index.html
Mary,yes,it will suck,but…..,tis why we have prepped and tried to best to warn others,only so much we can do.
On a side note,hope strike kicks in before midterms so we can have some good pols,am being facetious if ya’s did not notice!
I do think could be a great reason to “suspend “midterms!
yes Mary and to throw in the barges dragging bottom on the Ol Miss, the grain and coal cant get out for export to the euroweenies, so they will freeze and starve, while we go bankrupt buying a tank of gas here………………..because thats been exported out of the USA also.
He didn’t get the full LA experience. That comes when you see the bums drop a giant log in public, right on the sidewalk, guys and gals both doing it.
“, guys and gals both doing it.”,well,at least they are not sexist!
Contrast these pictures with pictures from Russian cities, subways, museums. Theirs are clean, no graffiti, no tents cities and nor are there homeless by the tens of thousands… Every western city run by globalists everywhere are like LA, dirty, filthy, torn apart, 3rd world in every sense. This is what communist globalists do, they destroy everything.
We the People, need to get a little more animated and take the fight back to those paying and pushing it… STOP providing ANY and all services or co=operation with these parasites. Quit preparing food, fueling planes and cars, quit protecting these asswipes, quit PAYING them for their shitty products… otherwise the only onther options after this will involve a lot of violence. and its coming, very soon…
Totally correct and never gonna happen.
U.S.= Dumpster Fire