Free Market Economics Means Capital is Free To Move,Not Labor

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By Willprospector

     If you are one of the many Americans who still think that free market economics actually exists and works the way it is advertised, you are unable to separate reality from ficton, you are a sucker who wants to be loved for agreeing with human garbage. Free market economics is a theory that is promulgated by the wealthy to lure suckers like you who actually thought that Ronald Reagan was a brilliant economist because he touted "trickle-down economics". Trickle-down economics is Management's urine dribbling down YOUR leg. George Bush the II gave retroactive tax rebates to the most wealthy,largest companies in America like IBM to the tune of 856 Million Dollars and what did they do with it? IBM moved thousands of American software jobs to India. Let me remind you that India did not give them  the tax rebate. There should be some cause and effect,some correlation between tax incentives and economic growth to the nation that gave the tax rebates. The only thing that was free was the freedom that all those extremely talented IBM employees
gained when they became unemployed.
         Let me tell you a couple of other stories about free market economics.Let's go back 160 years ago and talk to a Southern plantation owner. He's a free market economist. He gets to own as many slaves as he can buy. That's free market economics. Milton Friedman should have been hoisted by his testicles and have his Nobel prize shaken out of his possesion. No one need a Ph.D. to figure out that it is not just,equitable,moral or even consistent with free market economics to have the Wall Street bankers who received government money to turn around and give themselves 56 Billion dollars of bonuses.

      Governor Bobby Jindal is a prime example of a free market idiot because he applauded all that money that George the II gave to the Satanic Wall Street
money manipulators and now wants General Motors and Chrysler to go bankrupt. While George the II was talking about the Axis of Evil as North Korea, Iran and Afghanistan, he should have been talking about Lehman Bothers,AIG and Merrill Lynch because they have caused far more disasters to America than all the terrorists have for a decade. Maybe there were terrorists in Wall Street. Or maybe some of the Islamists have it right that Wall Street is the cause of the world's great problems. Just think,Bernie Madoff was Chairman of NASDAQ at one time. Bernie Madoff was a great free market economist. He freed all those stupid suckers from their hard earned money. I take that back. All those people who were victimized by Bernie Madoff were not stupid suckers. They were free market economists!!! They believed that the FREE MARKET,not government regulation nor government sponsored programs,should be best left alone to regulate itself. Well,Harry Markoplos tried but the Republican free market economist lawyers in the SEC did not want to listen to some little Wrentham financial analyst.

Comments

issues veritas 3 years ago

Willprospector,

I tried to follow your hub but I couldn't figure out the point.

Maybe you could detail the "free market economics" statement.

I got lost, When did we have "free market economics" and when did we lose it, would be a help.

Thanks,

Willprospector profile image

Willprospector Hub Author 3 years ago

Free market economists believed that the FREE MARKET,not government regulation nor government sponsored programs,should be best left alone to regulate itself. Well,Harry Markoplos tried to point out the corruption of the free market but the Republican free market economist lawyers in the SEC did not want to listen to some little Wrentham financial analyst.

comp3820 profile image

comp3820 Level 1 Commenter 2 years ago

Free market economists believe that human ingenuity and skill will always far surpass the ability of any self-seeking government polticians in almost any matter.

Free market economists believe that the market will punish those investors who have made bad decisions by wreaking financial havoc on them. This happened to Chrysler and GM, but the governmetn bailed them out. Time for a quote: "When you subsidize poverty and failure, you get more of both." – James Dale Davidson, National Taxpayers Union

Free Market Economists believe that the government will do more harm then good if it gets involved. Too many politicians are trying to get thier fingers on any money that goes through the government. Excample: You lovely income tax code. Read my hub about it, and understand.

Free Market Economists believe that giving too much power to anyone is a bad thing. That includes elected officials, monopolies, and totalitarian government.

Willprospector profile image

Willprospector Hub Author 21 months ago

"Free market economists believe that human ingenuity and skill will always far surpass the ability of any self-seeking government polticians in almost any matter.

Free market economists believe that the market will punish those investors who have made bad decisions by wreaking financial havoc on them. This happened to Chrysler and GM, but the governmetn bailed them out. Time for a quote: "When you subsidize poverty and failure, you get more of both." – James Dale Davidson, National Taxpayers Union

Free Market Economists believe that the government will do more harm then good if it gets involved. Too many politicians are trying to get thier fingers on any money that goes through the government. Excample: You lovely income tax code. Read my hub about it, and understand.

Free Market Economists believe that giving too much power to anyone is a bad thing. That includes elected officials, monopolies, and totalitarian government.

"

This is what they believe but it has ABSOLUTELY NOTHING to do with REALITY. Unfortunately, you only use GM and Chrysler as examples and GM has paid back almost all the money they owed the government. The George II administartion had Henry Paulson, the former Chairman of the Board of Goldman Sachs,demand without reservation nor explanation that the country give triilions to the Wall Street bankers who then tightened their lending requirements while giving themselves billions of dollars of bonuses for DEVASTATING the economy !!!!

The Republicans have established CRONY CAPITALISM that far surpasses the Democrats sins. Why didn't the Republcans let the banks fail? Because the Republicans are little suckers for Wall Street....on their hands and knees kissing the ground Wall Streeters walk on. Read what John Dean, Richard Nixon's Attorney, wrote in hos famous book "Worse Than Watergate". I love John Dean: he was a real Republican and free market advocate. Read Kevin Phillips, a great Republican writer who wrote "American Dynasty". Do NOT POST Any other Idiocy until you have at least read those 2 books. Then I will assign you more !!

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