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Posts: 205
Feb 2 08 1:19 PM
Posts: 2398
Feb 3 08 11:17 AM
Posts: 2454
Feb 3 08 12:19 PM
Quote:Better eliminate the part of the payroll tax to be paid by the employer. That will finance more jobs and/or lead to higher wages.
Posts: 2780
Feb 3 08 12:56 PM
Quote:Here's a question: Are today's hedge funds and derivatives actually 'Capital' in the sense that Andrew Carnegie or John Rockefeller or Henry Ford would have understood that word as part of the Land, Labor, Capital formulation of wealth? Or are the hedge funds and derivatives merely an accounting notion for a new kind of private wealth, which lies outside of the 'Wealth of Nations' that the capitalist system expects to be part of a healthy economy?
Posts: 1815
Feb 3 08 1:03 PM
Feb 3 08 3:40 PM
Posts: 964
Feb 4 08 5:17 PM
Feb 4 08 5:49 PM
Quote: think the only workable solution to the situation would be for the Federal Government to volunteer to hand back almost all of its powers to groups of states
Posts: 958
Feb 4 08 8:20 PM
Quote:I think the only workable solution to the situation would be for the Federal Government to volunteer to hand back almost all of its powers to groups of states, newly created, about the size of provinces in Canada. For example, there is absolutely no good reason that I can think of to have 6 states in New England. These states could unite with the state of New York to become a new "province". Similarly, Pennsylvania, New Jersey, Maryland, Deleware, Virginia and W. Virginia would unite and become a single province, as would Ohio, Indiana, Michigan and Kentucky. The Carolinas, Georgia and Florida another--Tennessee, Alabama, Mississippi, Louisiana and Arkansas, another, etc.These new provinces would act "almost" like independent countries, and be allowed to create their own currencies. In this way, "free market" competition, scientific analysis and fiscal sobriety will determine which currencies survive and which fail, so everyone will have to pay attention to what's going on.
Feb 4 08 9:44 PM
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