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Tea Party members voted against bank bailouts. Not democrats, not old-republicans. My point is, yes, you can buy democrats and some republicans to vote in favor
by byEngineer 12y ago
Tea Party members voted against bank bailouts. Not democrats, not old-republicans. My point is, yes, you can buy democrats and some republicans to vote in favor of more government spending. But you apparently can't buy them all to do it.
During cold war you could try to buy Moscow communists as much as you wanted so they allowed you open bank branch in USSR, but this would never happen.
You can try buy guys like Ron Paul all day long in attempt to get bailout, but you won't get it.
The problem is with the voter. If the feeling at the Capitol was that there will be severe punishment for the bailouts, our beloved Senators and Representatives would be too worried to loose their office to vote for that nonsense. Mind you they can sell their services to other industries too and make money in the process without the risk of loosing office (aka "everything"). The voter allowed them to do that. Because voter doesn't understand that bankruptcy and crisis are important parts of economic cycle. And are needed! To remove excesses from the system. To relieve workers from BS jobs too! So you can start over after 1-2 years in healthy economy without zombie banks. We didn't allow capitalism to work. Blaming capitalism for that doesn't add up.
BTW, I respect socialism and socialist movement. I'm liberal on social issues as liberal you can get. But for the economic issues Right just gets it.
- dognotdog 12y agoHow can the voters exert punishment when who's even running for office is determined by the amount of money available for campaigning? Even disregarding direct corporate sponsorship, the rich who mostly contribute are still affiliated with the industry & finance sector. Average Joe can vote for puppet A or puppet B. People like Ron Paul, with firm principles, and the means to finance themselves despite sizable opposition, are the rare exception. Add to that the fact that no ordinary citizen directly voted for the bailouts, how can you blame this on the voter? The problem is not the voter, but the system.
- waterlesscloud 12y agoThere's nothing stopping you the voter from voting for anyone running, even the person with no monetary support. The fact that you vote for one of the people with the most ads is your failing, not the system's.
- byEngineer 12y ago> How can the voters exert punishment when who's even running for office is determined by the amount of money available for campaigning? There are a few issues I have with this statement, hence I decided to slice your post. I hope it is ok. Here is what I can't agree on: 1. From the very sentence above my understanding is that you notice something very important here: is it that in your opinion democracy doesn't work? You see this point you make isn't about capitalism. It's all about Democracy. Your claim here is that (sorry for vulgar interpretation): democracy doesn't work because I see elections after elections that voters vote for guys with most money for the campaign. But that's issue with democracy. Not capitalism. As long as money exists, rich&poor exist -- democracy won't be perfect. I take different view than that on this. I think you need more than just money to kind of "cheat" in democracy. You need stupid populous too. You need dumb people who care just about 6-packs and entitlements. So whoever promises them the most for the vote casted, gets elected. And then that gets funded by cheap credit, forever low interest rates (FED) and public spending. No wonder both parties do the same. This is late stages of democracy though. Not issue with capitalism. Last time I checked capitalism worked fantastic for a country - namely China -- but without the fallacies of democracy. 2. You are not the only one who notices that. US Government noticed that as well. And compared to China, it seems democracy and capitalism aren't as effective as authoritarian system and capitalism. It's not only China. Look at South-East Asia in general. If you ask, why we have more militarization of police, huge prison population, NSA eavesdropping, etc, etc -- it's all about the elites in the US seeing on the example of China that democracy doesn't really work. 3. Another issue with the statement: would you voted for Hitler given he had the most money in elections in 1933 ? Right, democracy isn't idiot-proof. That's the real problem with it. You can't really let 6-pack-joe voting, that's idiotic notion. Again, nothing to do with capitalism. >Add to that the fact that no ordinary citizen directly voted for the bailouts, how can you blame this on the voter? The problem is not the voter, but the system. Democratic system that is. Ordinary citizen not knowing how to vote. Poor idiots. Almost like Jews voting for NSDAP. (Sorry, couldn't help myself). Your disbelieve in American voters is mind blowing! The distrust in democracy horrifying! EDIT: voted <-> voting ; stop <-> help
- dognotdog 12y agoI don't distrust the American voter in particular, don't worry. Maybe you could say the problem is simply entrenchment. Voters don't go and seek out candidates with the most money, it's the other way around. Somebody with small funds simply can't reach as many voters as somebody with a huge war chest. A capitalism where money is the outmost metric doesn't work, just like communism with absolute centralization and discounting all ownership doesn't work. Sidestepping the need for social responsibility, a very important factor, that people tend to ignore, about free market theory is that it's based on the premise that all information is available to you when you make an economic transaction. In that case, the market can be self-regulating. But in reality, this is by a large stretch not the case. Especially in politics. So there you have a democratic system where money is power to to spew your viewpoint to as many people as possible. The voter doesn't have to be particularly ignorant for this to work, as this subverts the usual social channels. You always have incomplete information about the world, even without the help of politics. Money is an undeniable influence factor. A free market can only work if both sides to a transaction disclose all relevant information, be it money or politics. My problem with "The System" is that the influence of money (and other hidden factors) is hushed under the table, and thus, in the vein of the previously mentioned free market principles, self-regulation ceases to work, and you have entrenchment. So that is the dichotomy perpetrated by "pure" capitalism with regards to democracy. If you want money to win, there you have it. Those in power rescued the banks, themselves, effectively, to keep their money and their power, at the cost of the people at the lower rungs being disenfranchised. This has nothing to do with socialist principles. Coming back to the beginning, the two-party system is already biased towards entrenchment, effectively barring small upstarts from entering politics. The mechanics of how this comes about are subtle and evolutionary enough that nobody notices it until its too late. The system is already too broken (maybe only almost...) to allow reform from within, eg. by the regular mechanism of voting and elections. There is also a huge amount of technical debt from the before the information age, that needs to be shed, as well as legal debt from at least two centuries of evolutionary lawmaking. TL;DR: reform is needed, but the system is too encubered to let it happen.
- shkkmo 12y agoI was always sad the the Tea Party and the Occupy movement never managed to figure out that they were on the same side...
- baggachipz 12y agoLet's be honest here: Racism got in the way of that. The Tea Party started very differently from where it ended up.
- LordKano 12y agoI'm not sure if I agree with that assessment but I do think that they have the same enemy. The collusion between big business and big government is the root of the problem that they both rail against. The Tea Party focuses on the government part and Occupy focused on the business part. They'd be a lot more effective if they focused on their common ground.
- vectorpush 12y agoThey really aren't on the same side and were mostly orthogonal to each other. Of course, both movements share some common grievances against the government, but the concrete ideas of both groups are just about 100% incompatible. As a glaring example, consider the Citizen's United case; Occupy supporters would almost unanimously point to the Citizen's United ruling as extremely damaging to American democracy, Tea Party supporters on the other hand overwhelmingly side with the government regarding the treatment of money as speech. Pick pretty much any issue and you'll find that the two movements bitterly disagree, just about the only thing they can agree on is that the government is corrupt and the country is moving in the wrong direction, but that's a universal platitude that everyone will nod their head at.
- dllthomas 12y ago"But you apparently can't buy them all to do it." I'm sure Bill Gates, when he goes shopping, just buys the eggs he expects to need. That doesn't show us that he can't buy all the eggs in the store.
- spenuke 12y agoWow. Are you saying that you adhere to the Libertarian/Ayn Rand philosophy of personal responsibility, equitable rewards for creating value to society, and all that jazz? You know, the type of philosophy that purportedly values personal integrity and creativity above all else? ... And yet you happily pull down a six-figure paycheck for a job you believe is worthless? Because, if so, you should know that the sense of moral superiority that you seem to share with most modern Randroids is outstandingly hypocritical.
- byEngineer 12y agoWho is a hypocrite here? I thought you would be happy to hear I'm exploiting these evil big banks, too big too fail. I like Ayn Rand but don't agree on everything she said. But for the sake of argument let's say I agree with her 100%. So, then: I use the company's money and time to work on my own Projects. I selfishly exploit stupid and weak that should die in the natural capitalistic process, but democratically elected Government didn't let it happen. I'm a parasite on the sick system because I want it to die. I don't see anything against Ayn Rand philosophy here. But then again, I'm not her cult follower or whatever. And then being in this position I also see that the party can't go on forever and probably the day of reckoning will come. Most of these 300k employees wasting their time on BS jobs now, will eventually loose them. Maybe as soon as next year granted the FED raises interest rates substantially.
- spenuke 12y ago"I'm a parasite on the sick system because I want it to die. I don't see anything against Ayn Rand philosophy here." Oh, I agree with you completely. Most of her critics will say that her system is obfuscatory bullshit to distract from the fact that it's no more sophisticated than the plain old selfishness that you see in every preschool. It's just that Randroids don't usually admit that they are societal parasites, so your candor is refreshing. Also, to be clear, I'm not sure if you're joking about exploiting the banks. Isn't your beef with Congress that they used taxpayer money to bail the banks out? Is it really that hard to see that you're exploiting the taxpayers, too? Don't you see that "the banks" are nothing but a bunch of people just like you, thinking they're not part of the exploitation of the taxpayer?