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Old 04-21-2011   #31
Riparian's Avatar
Little Village, Colorado
Paddling Since: 2000
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Yarm - if you actually believe the shit you type, you have been drinking too much of the tea. Psilocybin tea. You're high.

Here's a fun article you will enjoy about your hero Ayn Rand. It nails the Randroid "mentality." Ayn Rand’s adult-onset adolescence - The Washington Post

Uh, I'm just gonna go find a cash machine.
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Old 04-24-2011   #32
Denver, Colorado
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google Mike Wallace Ayn Rand interview to hear Rand's amoral pro uber -selfishness philosophy straight from the horse's [ whore's ] mouth.I like that she is irreligious ,but not because it is bronze age superstition,but because they care about others[ i always thought that was the good part of religion].

Dead on Roy .That is way old school communist doctrine.No contemporary socialist believes that there should not be a private sector. Their aim is to ensure a basic standard of living / safety net for all citizens and to regulate the usages of resources and systems to serve the public interest.Even the Sandanistas 30 years ago recognized the need for a private sector to do the things government can't do or doesn't do well.What these Utopian capitalists don't get is that there are things in the public interest that the private sector has insufficient incentive to do well ,like education and health care for example.Their primary [ if not sole] objective is to maximize profit and decisions are made almost exclusively on that basis, not what is best for patients,students, or society.

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Old 04-24-2011   #33
Denver, Colorado
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ok I'm no mathematician but i believe a very simple model demonstrates the absurdity of the laughable Laffer Curve.El Flaco,Helio ,whoever ,tell me what is wrong ,if anything,with it.Say the amount of taxable income in a given tax bracket is one billion dollars taxed at a rate of 30%,so the revenue raised is $300 million.If that bracket's tax rate is reduced to 25% you now need $1.2 billion in taxable economic activity by that bracket to raise the same amount of revenue[ $300 million],a growth rate of 20%.A growth rate of 20% is totally unrealistic,especially in a very large economy.Check any stats you can find on growth rates by country over time ,even 10% is rare.A small poor country with an economy based on some commodity that spikes in price briefly might exceed 20% ,very temporarily.I realize one tax bracket is not the whole economy but the upper 1% controls more than 1/2 the economy and some of these tax crusaders are talking even more drastic cuts.To put our current growth rates in perspective,there is a group striving for 4% as a goal,some economists consider them fantasists.
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Old 04-24-2011   #34
Denver, Colorado
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China would be an exception to that rule with sustained high growth ,but i don't think that is a model we want to emulate socially.
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Old 04-27-2011   #35
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Meanwhile, back in Galt Gulch...
EXCLUSIVE: Twelve days after opening "Atlas Shrugged: Part 1," the producer of the Ayn Rand adaptation said Tuesday that he is reconsidering his plans to make Parts 2 and 3 because of scathing reviews and flagging box office returns for the film.

"Critics, you won," said John Aglialoro, the businessman who spent 18 years and more than $20 million of his own money to make, distribute and market "Atlas Shrugged: Part 1," which covers the first third of Rand's dystopian novel. "I’m having deep second thoughts on why I should do Part 2."
Though the film has made only $3.1 million so far, Aglialoro said he believes he'll recoup his investment after TV, DVD and other ancillary rights are sold. But he is backing off an earlier strategy to expand "Atlas" to 1,000 screens and reconsidering his plans to start production on a second film this fall.
Sorry buddy, but going Galt and leaving 2/3 of your project unfinished ain't gonna recover your missing $17M. The Invisible Hand is a cruel mistress...

I've a suggestion to keep you all occupied...learn to swim!
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