tag:blogger.com,1999:blog-8861605.post4975212331708988468..comments2024-03-24T11:01:27.668-04:00Comments on Resource Insights: When socialists take Wall StreetKurt Cobbhttp://www.blogger.com/profile/05330759091950742285noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-8861605.post-24805315765422214752008-04-06T13:32:00.000-04:002008-04-06T13:32:00.000-04:00For me, the question isn't to bail out or not to b...For me, the question isn't to bail out or not to bailout, but "what are we getting for our work and money?"<BR/><BR/>For example, I have no problem bailing out Bear Stearns if it saves working people's pensions and other investments with an international reach. The question is not whether risks ought to be socialized -- as you said Kurt, the public acquiesed to that reality long ago -- it's whether the benefits of capitalism ought to be privatized to the current extent. <BR/><BR/>This is the better side of the argument for socialist-leaning people. And, in times like these, this is the argument we need to make because it can be made persuasively. We can say, "real shareholder democracy and accountability happens when we actually own the corporations. Bear Sterns happens when corporate elitists on Wall Street take control."<BR/><BR/>Plain and simple.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8861605.post-5470236736187567572008-03-31T20:34:00.000-04:002008-03-31T20:34:00.000-04:00Let's get one thing straight; this is not Socialis...Let's get one thing straight; this is not Socialism! Socialism means governance by and for the people not the Oligarchs. The correct name for the scene in the U. S. is FASCISM or as Mussolini put it, CORPORATISM: A joining of the state and the corporation(s). Socialism should not be smeared with the bloody fingerprints of Fascism. We can argue about the merits or lack thereof of properly defined socialism on its own rights.John Qhttps://www.blogger.com/profile/13441726004215603824noreply@blogger.comtag:blogger.com,1999:blog-8861605.post-20234585602179630472008-03-31T14:53:00.000-04:002008-03-31T14:53:00.000-04:00No question about it, we should be running the oth...No question about it, we should be running the other direction FAST.<BR/><BR/>Great post, Kurt.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8861605.post-29114127787859715072008-03-31T09:21:00.000-04:002008-03-31T09:21:00.000-04:00There is no cabal. Long live the cabal!There is no cabal. Long live the cabal!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8861605.post-61700443528360511792008-03-30T12:38:00.000-04:002008-03-30T12:38:00.000-04:00Nah! everything's fine...They make a desolation an...Nah! everything's fine...<BR/><A HREF="http://www.globalresearch.ca/index.php?context=va&aid=8450" REL="nofollow">They make a desolation and call it peace</A>Anonymousnoreply@blogger.com