Pro-Hillary Media Bias

EyeBRollin

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Capitalism and profit-driven enterprise has lifted more people from poverty than any force in human history.
No it hasn't. Profit-driven enterprise requires people to be in poverty. It needs an underclass and scarcity (natural or artificial) to survive.

What is it that you think would make the world moral and honest?
Regulations.
 

EyeBRollin

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View attachment 180 View attachment 180
Take Ex-Lax. You'll be regulated.
GDP has nothing to do with poverty.

GDP = Federal Spending + Private Sector Investment and Consumption + Net Exports

Poverty is a reference to standard of living. Poverty on a global scale is no less common than it was centuries ago. Like I said, capitalism requires poverty.


Regulation never produced anything.
That wasn't the question.

What is it that you think would make the world moral and honest?
 

Tictac

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Enjoy whatever fantasyland you can muster in your head and pretend that capitalism requires poverty.

Every other form of political economics ever tried has failed to equal its accomplishments. With the world under all sorts of economic and government regimes, you pick the one that works (far from perfect except in comparison to everything else) to blame. The most regulated world in history is what you live in every day and getting more so every day has not (according to you) shifted the wealth/poverty from what it was 1,000 ago before capitalism existed.
 

EyeBRollin

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Enjoy whatever fantasyland you can muster in your head and pretend that capitalism requires poverty.
There has not and will not ever be an example of capitalism without poverty.

Every other form of political economics ever tried has failed to equal its accomplishments. With the world under all sorts of economic and government regimes, you pick the one that works (far from perfect except in comparison to everything else) to blame. The most regulated world in history is what you live in every day and getting more so every day has not (according to you) shifted the wealth/poverty from what it was 1,000 ago before capitalism existed.
The golden age of the American Middle Class is having its regulations stripped every day. I'm not against capitalism completely, I just favor a balanced model with tighter regulations on business. There are sectors where socialism is superior than capitalism, so it should prevail in those sectors.
 

yuppee

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no there is NOT any sector where socialism is superior. not even close. the post office is VERY inferior to UPS and Fed ex, for example. public schooling is VERY inferior to private schooling, and so on down the line. the only reason that Europe can afford to do ANYTHING welfare related is WE cover their defense from Russia.
 

EyeBRollin

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no there is NOT any sector where socialism is superior.
Wrong. Health care, education, and infrastructure.

not even close. the post office is VERY inferior to UPS and Fed ex, for example.
Then why do UPS and Fed Ex use the post-office? Hmmm?

Why did they lobby for the Republican-led government to mandate USPS to pre-fund it's employee retirement benefits for 75 years in advance? Sounds like the government was intentionally crippling the post-office to let UPS and FedEx compete, since they can't otherwise.

public schooling is VERY inferior to private schooling, and so on down the line.
It's not. Per-pupil, adequately funded suburban public schools are more efficient than private schools. The problem is when public schools are raided by charter-school cronies in poverty-stricken areas.

the only reason that Europe can afford to do ANYTHING welfare related is WE cover their defense from Russia.
No.
 

Tictac

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Why did they lobby for the Republican-led government to mandate USPS to pre-fund it's employee retirement benefits for 75 years in advance? Sounds like the government was intentionally crippling the post-office to let UPS and FedEx compete, since they can't otherwise.
It's one of the only fully funded pensions anywhere in federal, state or local government. The PO won't exist in 10 years but will have pension obligations for decades. This was one of the only fiscally responsible things the federal government has done in decades.
 

EyeBRollin

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It's one of the only fully funded pensions anywhere in federal, state or local government. The PO won't exist in 10 years but will have pension obligations for decades. This was one of the only fiscally responsible things the federal government has done in decades.
Bull****. No other entity, public or private, is required to pre-fund retirement decades in advance. It was done solely to put the Post Office in the red. Why would you want to destroy the post office? You enjoy paying more to use UPS and FedEx?
 

Tictac

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Bull****. No other entity, public or private, is required to pre-fund retirement decades in advance. It was done solely to put the Post Office in the red. Why would you want to destroy the post office? You enjoy paying more to use UPS and FedEx?
No other entity is almost guaranteed to vanish with huge pension obligations. So save your vitriol for your schoolyard buddies. Your anger is cute but impotent.

Its not going to make it. Pretend otherwise. They can run at ever bigger losses to get mail to everyone and will have to. But electronic messaging and alternate physical delivery will win.

I own an SEC regulated entity. ALL corrspondence from them comes FedEx. Meanwhile I use the PO, certified, return receipt. Even federal government knows that the PO is an unreliable dinosaur.
 

EyeBRollin

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No other entity is almost guaranteed to vanish with huge pension obligations. So save your vitriol for your schoolyard buddies. Your anger is cute but impotent.

Its not going to make it. Pretend otherwise. They can run at ever bigger losses to get mail to everyone and will have to. But electronic messaging and alternate physical delivery will win.
Of course it won't make it if Congress keeps passing laws specifically designed to cripple it.

I own an SEC regulated entity. ALL corrspondence from them comes FedEx. Meanwhile I use the PO, certified, return receipt. Even federal government knows that the PO is an unreliable dinosaur.
Everyone knows that UPS and FedEx are inferior to the Post Office. Hence, why the government does what it it does; privatizes public-sector agencies so that shareholders can get their greasy paws on it. It's corrupt, profitable, and exactly the way you like it.

The real question is why does the private sector need the government to sustain its profits?

My point exactly. Certain things are better left to the public sector. The Post Office is a vital piece of infrastructure, thus should be public.
 

Tictac

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Of course it won't make it if Congress keeps passing laws specifically designed to cripple it.



Everyone knows that UPS and FedEx are inferior to the Post Office. Hence, why the government does what it it does; privatizes public-sector agencies so that shareholders can get their greasy paws on it. It's corrupt, profitable, and exactly the way you like it.

The real question is why does the private sector need the government to sustain its profits?

My point exactly. Certain things are better left to the public sector. The Post Office is a vital piece of infrastructure, thus should be public.
"Everyone knows". Very convincing. How could anyone possibly respond to such a definitive statement?

The only value remaining for the PO is retail delivery to every nook and cranny of the nation. And that has value as public infrastructure. How to pay for it is the problem. Stamps won't ever cost enough to have the PO break even. For if they did, no one would use the system and the direct general fund subsides received would just continue to rise unabated. Pre funding the pension will help sustain the PO. It's labor costs and thus its pension and current and post-retirement health care and benefit costs are enormous.
 

EyeBRollin

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"
The only value remaining for the PO is retail delivery to every nook and cranny of the nation. And that has value as public infrastructure. How to pay for it is the problem. Stamps won't ever cost enough to have the PO break even.
Over 80% of the post office's red ink comes from the pre-funding mandate.

For if they did, no one would use the system and the direct general fund subsides received would just continue to rise unabated. Pre funding the pension will help sustain the PO. It's labor costs and thus its pension and current and post-retirement health care and benefit costs are enormous.
'

That's just incorrect. The pre-funding mandate is the source of the post office's financial woes. It was solely to cripple the Post Office so it can be ripe for privatization. UPS and FedEx cannot compete. They rely on the Post Office for non-profitable deliveries, and charge higher fees at that. You have no argument.
 

Tictac

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Over 80% of the post office's red ink comes from the pre-funding mandate.

'

That's just incorrect. The pre-funding mandate is the source of the post office's financial woes. It was solely to cripple the Post Office so it can be ripe for privatization. UPS and FedEx cannot compete. They rely on the Post Office for non-profitable deliveries, and charge higher fees at that. You have no argument.
Thanks for telling me what I know.

I have been in public finance, including US Treasury funding, CBO, GAO and Hill staffers consulting for over 30 years. I have consulted for both Democratic and Republican Administrations and Congresses. I know the politics and I know the numbers. Absolutely NOTHING in DC is what it appears to be and NOTHING is done for one purpose. Pre-funding is difficult for the PO. That is not why it was legislated. It was also necessary and passed by a bi-partisan Congress.

What is it you know besides your myopic biases?
 

yuppee

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give me a fvcking break. health care benefits by involving the worthless fvcking govt? HOW? what it does is cause the best medical engineers and practicioners to move to other countries.
 

yuppee

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we most certainly CAN charge enough for stamps to have the mail pay for itself. We need to quit giving junk mailers a free ride, is all we need to lean down the post office. that and quit giving the workers such a fat pension.
 

yuppee

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yeah, "adequately funded" public schools. what % is that? 1%, maybe?
 

yuppee

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who says it would take 100's of workers, hmm? I"ve seen ONE man bring down a big old motel building, in 3 days. he drilled the holes, placed the charges, and made up the charges, all by himself. When you kick the bottom out of a structure, it collapses. Care to explain why building 7 fell the same way, WITHOUT being hit by any planes?
 

yuppee

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care to explain why all the structural steel was immediately hauled off and smelted down?
 

Tictac

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care to explain why all the structural steel was immediately hauled off and smelted down?
It wasn't. It was analyzed onsite and after being moved to Freshkills by dozens of government and private engineers working for the law enforcement agencies and insurance companies for over a year.

Where do you get this stuff?
 

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