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Forum Post: Conflict of interest

Posted 12 years ago on Oct. 9, 2011, 5:52 p.m. EST by fantastic (74) from Boston, MA
This content is user submitted and not an official statement

Capitalism is the idea of Private ownership vs. government ownership. Private ownership in capitalism implies the right to control property, including the determination of how it is used, who uses it, whether to sell or rent it, and the revenue generated by the property idea of owning process of production property. It is an economic system that relies on private property and market relations but also contains a significant degree of government intervention.

I’m not against a free market; I’m against a government that allows its market to run wild and oppress it people with little to no interference. My problem is a market with corrupt corporations that buy public officials to turn a blind eye to the needs and problems of the People. I’m against lobbyist and lobbying, corporate brought public officials (through campaign donations and gifts), and laws that benefit the major corporations instead of the People they were meant to represent. My problem is corruption; we elect public officials to protect us against corrupt corporations in the market yet the same corrupt corporations are the ones paying the bill for these guys to get elected. Now when officials get into office they do as the corporations ask because of their fears of not being reelected. So public officials elected to protect the People form corrupt corporations in the market are working for the corporations they’re supposed to be fighting. can you say conflict of interest

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10 Comments


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[-] 1 points by atki4564 (1259) from Lake Placid, FL 12 years ago

True, corruption is a problem, and although I'm all in favor of taking down today's ineffective and inefficient Top 10% Management Group of Business & Government, there's only one way to do it – by fighting bankers as bankers ourselves, and thus being the end of corruption. Consequently, I have posted a 1-page Summary of the Strategic Legal Policies, Organizational Operating Structures, and Tactical Investment Procedures necessary to do this at:

http://getsatisfaction.com/americanselect/topics/on_strategic_legal_policy_organizational_operational_structures_tactical_investment_procedures

Join

http://finance.groups.yahoo.com/group/StrategicInternationalSystems/

if you want to support a Presidential Candidate Committee at AmericansElect.org in support of the above bank-focused platform.

[-] 1 points by gawdoftruth (3698) from Santa Barbara, CA 12 years ago

you have managed to prove ignorance by incorrectly defining what capitalism is. The idea of private ownership can exist in assorted systems without capitalism. Capitalism is a very specific set of systemic rules. Capitalism has never existed, the form of government we have is corporate oligarchy.

a free market system is a great idea alongside genuine democracy.


to get serious requires a few things they don't have. like chat admins who aren't ego serving propaganda tools, a wiki, 1001 sub forums, an actual game plan, a straight up political platform... you know.. basic organizational things sane people do BEFORE protesting.. like figure out a diplomacy and logic centered metaprocess to give their chatadmins so that they don't really just drive out even more people than the trolls. Adminatrolla. trollaAdmin. Whats the difference to somebody whos got the truth facing a propaganda tool abusing admin powers to push their agenda? how can you prevent such a thing? Metaprocess. did i mention metaprocess? and science diplomacy science psychology science sociology and all those textbooks to read B4 protesting?

you can't have capitalism without a free(SLAVE) market. but you can have a free market without capitalism. And thats strangely the only way it CAN work.

Marketing 101 was fascinating. I admit thats a lot less than a bachelors but its sure more than enough to see whats really going on given the other things I know. Capitalism is not the problem since it does not exist. corporate oligarchy is the problem. capitalism has never been tried. I am a democracy guy. in order for real democracy to function a free market system is required. Thats not capitalism. thats a free market system. there is a subtle difference there which most people would miss. I will again repeat. Neither capitalism nor marxism nor communism nor socialism has ever existed. All of those governments were oligarchy pretending to be something as a con scam. Telling that simple truth gets one banned out of the Chat by either a capitalist or a socialist whos pissed you just said their pet ideology isn't real. It isn't. anybody who thinks that it is is accidentally playing for team corporate oligarchy as a tool. the ONLY system worth talking about is DEMOCRACY. how democracy HANDLES a FREE MARKET system is dynamic and interesting and NOT capitalism.

o. yes. no. yes. what? making change is not reliant on changing the money system one tenth as much as it is on changing the informational ecology. Going to a gold standard as an idea is a proof of ignorance, not a solution. Really the end game is we evolve out of money. To do that we evolve first new currencies and new economic strategies. this leads to economic singularity in about 50 years. If everyone is a millionaire how much you get depends on exactly the material valuation of that money. Which is to say that by the time money becomes obsolete everyone will live like the current millionaire. Tangible items to other tangible items? the real economy is about ideas, change the ideas and everything changes. the problem with the tangible economy is it does not change; its a static reality. you can't make a meaningful gold standard with only enough gold to represent on millionth of the economy. You can make a purely imaginal money system work; but it has to be subject to moral and ethical laws. This is about pinning down those moral and ethical laws and implementing them in new currencies; not trying to imagine a control freak impossible non solution because of the simplicity with which you go about thinking over the problem.

once again. there has never been a socialist or capitalist economy. in all instances such nations were oligarchies. using a mask and a con scam and telling their dupes and pwns that they were something other than oligarchy. the big hump to get over is that the USA oligarchy and the Soviet oligarchy are in on this lie against the rest of us TOGETHER. Neither of them was ever anything other than an oligarchy. both claimed some other system in order to have US fight over the ideals of THAT system while they secretly shafted us all playing a completely different game.

http://occupywallst.org/forum/stop-playing-the-devils-games/

https://www.facebook.com/photo.php?fbid=10150343790359248&set=a.10150264906064248.348293.511989247&type=1&theater

[-] 1 points by JeffBlock2012 (272) 12 years ago

how young are you? Are you just learning that people are corrupt and corruptible?

I'm generous and compassionate, so I use the 80/20 rule. 80% of the people are good and basically honest. 10% are "crooks by opportunity" which I define as "someone who comes into your office, sees an open cookie jar, and takes a cookie" and the remaining 10% are just crooks "someone who comes into your office, takes the lid off your cookie jar and takes a cookie".

You/we can't change human nature. The best we can do is implement systems to reduce the damage.

[-] 1 points by fantastic (74) from Boston, MA 12 years ago

agreed

[-] 1 points by mattthecapitalist (157) 12 years ago

the government has no place in regulating business. You are correct. The free market purges businesses that are corrupt.

[-] 1 points by fantastic (74) from Boston, MA 12 years ago

my problem is not the market, its corruption in the market going unpoliced

[-] 1 points by mattthecapitalist (157) 12 years ago

government regulation or control in the market breeds inefficiency. I guess, can you give an example of the corruption you speak of? Thanks, and of course... I am looking for a good conversation dude

[-] 1 points by fantastic (74) from Boston, MA 12 years ago

Obama and Fannie Mae look it up. The collapse of the housing bubble next is the collapse of the college bubble; Obama was a lawyer who worked to sue banks that would not issue sub prime mortgages to people who had low income (people who usually couldn’t or didn’t the pay loans back). Fannie Mae gave Obama his biggest campaign donations. Sub prime loans were the main cause of the bubble collapse, giving loans and mortgages to people who couldn’t pay them back. The banks get blame for the collapse and not Fannie Mae or Freddie Mac who under government acts forced the banks to comply.

[-] 1 points by fantastic (74) from Boston, MA 12 years ago

start with Fannie Mae wikiepedia read its history

[-] 1 points by fantastic (74) from Boston, MA 12 years ago

read about sub prime loans and its risks