TACSI Thread AUN/R.I.P

[Wadani]

Safferz;936013 wrote:

I match my tone with what's already been directed towards me by a particular person. Take a look at xabad's posts in this thread.

Fair enough.

[Alpha Blondy]

Haatu;936009 wrote:

She was a racist and very haughty in her dealings with the poor.

 

As for the capitalism vs socialism debate, it is only logical that each man has the liberty to gain and amass wealth using whatever avenues he wishes (so long as it's legal) and has the right to spend it as he sees fit. It is not the place of the state or anyone else for that matter to dictate to him how he should manage his wealth. With that said, in no shape or form do I support the immoral (and riba filled) practices of the greedy bankers that led to the credit crunch.

 

As for nation development, the state should only focus on providing the key infrastructure and vital social services as well as enforcing regulations. It should then let the private sector do what it does best: make money. The state should in no way show favouritism to one sector over another (excluding subsidies to farmers to make them globally competitive) and should limit protectionism to as little as possible. Protecting useless, unsustainable industries does nobody any benefit, better to let foreigners come in and teach domestic enterprises how the job is done.

seems like someone is on their way to acing their A Levels, ma istidhi? :cool:

[Haatu]

Alpha Blondy;936021 wrote:

seems like someone is on their way to acing their A Levels, ma istidhi? :cool:

On the way? Heh!

[D.O.C]

Samir iyo imaan alle haydinka siiyo intii ka naxdayeey.

[DoctorKenney]

Safferz;935987 wrote:

LOLOL. You've already lost.

When the Federal Government is guaranteeing home mortgage loans and lowering lending standards, then that's a distortion of capitalism. This knowledge is so basic that I'm wondering if you're deliberately being dishonest here.

 

This crash was so obviously caused by government, and any honest Economist would tell you that.

 

iska seexo warya. What you advocate will never be implemented in Somalia. We see right through you

[Sensei]

Not that dhimashadeeda matters now.

[Wadani]

DoctorKenney, if u haven't noticed she's not a waryaa lol. But i'm pretty much with u on this, though i'm not sure if I agree totally with the Austrian school of economics.

[DoctorKenney]

Wadani;936080 wrote:

DoctorKenney, if u haven't noticed she's not a waryaa lol. But i'm pretty much with u on this, though i'm not sure if I agree totally with the Austrian school of economics.

LOL my fault

 

I don't agree totally with the Austrian School either.....But I know one thing: If the Government left us alone, this Crash would've never happened

[Safferz]

DoctorKenney;936070 wrote:

When the Federal Government is guaranteeing home mortgage loans and lowering lending standards, then that's a distortion of capitalism. This knowledge is so basic that I'm wondering if you're deliberately being dishonest here.

So in the same way you don't consider the IMF and World Bank neoliberal institutions, you don't think that governments can be neoliberal and enact neoliberal economic policies? lmao!

[Alpha Blondy]

Sensei;936076 wrote:

Not that dhimashadeeda matters now.

i know, inaar. they've polluted the thread with their Friedman economics.

[DoctorKenney]

Safferz;936088 wrote:

So in the same way you don't consider the IMF and World Bank neoliberal institutions, you don't think that governments can be neoliberal and enact neoliberal economic policies? lmao!

Governments should be neo-liberal. But the problem is the US Federal Government is far from being this way. Alan Greenspan and Barney Frank caused this economic collapse. But yet everyone refuses to see this.

 

I think low taxes, low government spending, minimal regulations and free trade is something we should all agree on.

 

But you completely dodged the point and ignored my contention. Nice job safferz

[Safferz]

DoctorKenney;936100 wrote:

Governments

should

be neo-liberal. But the problem is the US Federal Government is

far

from being this way. Alan Greenspan and Barney Frank caused this economic collapse. But yet everyone refuses to see this.

 

I think low taxes, low government spending, minimal regulations and free trade is something we should all agree on.

 

But you completely dodged the point and ignored my contention. Nice job safferz

I'm just fascinated by your ability to classify things as "not really capitalist" or "not really neoliberal" when they don't fit your ideal-type model of what you imagine neoliberalism to be. It's stuff that would get you laughed out of any economics department anywhere. You're just not being serious, and it's impossible to debate someone who either can't or refuses to grasp the basic contextual information and facts about economics from which we could then have a productive discussion.

[Cambuulo iyo bun]

Dood fiican laakin highly off-topic

[DoctorKenney]

Safferz;936112 wrote:

I'm just fascinated by your ability to classify things as "not really capitalist" or "not really neoliberal" when they don't fit your ideal-type model of what you imagine neoliberalism to be. It's stuff that would get you laughed out of any economics department anywhere. You're just not being serious, and it's impossible to debate someone who either can't or refuses to grasp the basic contextual information and facts about economics from which we could then have a productive discussion.

If for example, a Muslim were to commit an atrocious crime contrary to Islamic Law, how do you think the Christian would look if he pointed to the actions of the Muslim and claimed it was representative of Islam?

 

The Non-Muslim would look ridiculous am I correct?

 

So who do you think are, giving a momentary glance at the 2008 crash and claiming it was the result of Capitalism when the facts show that it had nothing to do with it.

 

I gave you the exact reason why the economy collapsed. I told you it was caused by the Fed's monetary policy as well as Government inflating the housing bubble and you chose to ignore my point, not even responding to what I said, nice job

 

And as for me "being laughed out of any Economics department"....I'm not the only one who's made this claim. Thousands of Economists---some of them Nobel Prize Winners---made the exact same claim as me. There's two sides to every story, and to claim that anyone who disagree s with you is "not being serious" shows how immature you are

[Safferz]

DoctorKenney;936134 wrote:

I gave you the exact reason why the economy collapsed. I told you it was caused by the Fed's monetary policy as well as Government inflating the housing bubble and you chose to ignore my point, not even responding to what I said, nice job

I didn't ignore your comment, I responded to it directly by asking if you if you really believed that government doesn't enact neoliberal economic policies, the same way I asked you if you were serious about the IMF and World Bank not being neoliberal institutions. I had to confirm whether I was really reading something so inane. You have no facts.