RR You are the only one I know of thinking you are the smartest person on earth that is predicting that communist china is going to collapse, especially for the cuckoo reasons you give? Do you have a degree in finance? I said that china is a communist wolf in partly captalist clothes and in due course a wolf in all communist clothes. Have you changed your mind on H.R. 5542? Comrade B In a message dated 3/2/2013 9:03:51 P.M. Eastern Standard Time, ristad@xxxxxxxxxxx writes: Stan, Up until 5 years ago only 40% of China's revenues came from state owned enterprises. Today that number has risen to 50% following the economic collapse of 2008 and subsequent government stimulus programs. All of China's SOE's are controlled by a small group of politically connected people and the reason why they are "successful" is because they pay no taxes. Privately owned companies support the government. The Chinese government owns more businesses than it did 5 years ago but is taking in less money. Eventually it will take in no money and will collapse. In the meantime the small group of politically connected individuals who run the SOE's are becoming wealthy because they can't lose as long as there are enough privately owned enterprises to support the government and cover their losses. -RR -----Original Message----- From: Sblumen123@xxxxxxx Sent: Mar 2, 2013 2:29 PM To: sparkscoffee@xxxxxxxxxxxxx Subject: [sparkscoffee] Re: By request RR & JS & sometimes DR What gets me about you three is the 'know it all attitude' and paying little or no attention to what I and others post plus lack of solutions for the problems listed below. Your lecturing styles would have everyone abandon their ideas and accept yours. Note how RR continues to cling to his view on H.R. 5542 upon which I was screaming bloody murder for giving tax credit for outsourcing which in great part is causing our killer national debt that continues growing today. In a nut shell State Owned (not privately owned) means everyone owns a share and so it would be stupid to shut down a factory here and move it off shore causing the basic problems we currently have. Meanwhile China is an example of much state owned success, a communist wolf dressed partly in captalist clothes so as to buy rope to hang us. Comrade B In a message dated 3/1/2013 3:11:19 P.M. Eastern Standard Time, ristad@xxxxxxxxxxx writes: JS, Socialism works in the beginning or at least appears to, but ends up running on more and more borrowed money to keep up the facade until it collapses. As ARA members we made very good wages because we belonged to a labor union. But the only reason we were able to do so was because the government was subsidizing our wages. The government did so, and continues to do so, using borrowed money. If the money is not borrowed then it has to be taken out of taxes which is even worse for the economy because taxes rob every other worker for the benefit of a few. Most union jobs have now vanished and the few that remain are government jobs. If America was an individual it would have been declared bankrupt years ago because it is so far in debt that it cannot possibly ever be paid back. Soon the U.S. will no longer even be able to pay the interest on the debt and it will be far worse than the economic depression of the 1930's because this time the U.S. Dollar will be worthless and the vast majority of U.S. wealth, which is paper wealth, will just disappear. My advice is buy food, water, gold, silver, arms and ammo. By any measure the collapse that is coming will be the greatest the world has ever seen. Communism, Fascism, and crony Capitalism are all relics that no longer work. Real change only happens after a complete disaster. The Soviet Union was borne in a violent revolution and died in an economic collapse. The U.S. will collapse the same way. I can't see China taking over because despite what deluded Stan thinks, China is a crony capitalist system. Some new form of government will need to arise. -RR -----Original Message----- >From: "schalestock@xxxxxxxx" <schalestock@xxxxxxxx> >Sent: Mar 1, 2013 6:27 AM >To: sparkscoffee@xxxxxxxxxxxxx >Subject: [sparkscoffee] Re: By request > >Stanley, > >I read your article and understand the venting. But nowhere is there any explanation of how socialism would be a better alternative. > >One glaring misstatement is your denial that China's economic ascendancy is NOT due to employing the capitalist model. You only have to look at the catastrophic failure of the Soviet Union. They certainly had as many intellectual and material resources as China. Yet it was precisely their failure to employ the economic tools of capitalism that led to their bankruptcy - unlike China. > >At the end of the day, capitalism and communism are simply tools. And history has repeatedly shown the superiority of the capitalist model. >It is simply more in tune with human nature. > >By contrast, Communism/Socialism is predicated on a moral corruption that inevitably leads to tyranny. As Jefferson observed, "Our government can only survive if moral men are in power". What China has created is capitalist wealth restricted to a relative handful of morally corrupt tyrants. This is what you are so proud of? > >JS > >____________________________________________________________ >Fast, Secure, NetZero 4G Mobile Broadband. Try it. >http://www.netzero.net/?refcd=NZINTISP0512T4GOUT2 > "Laws control the lesser man. Right conduct controls the greater one." - Chinese Proverb "Laws control the lesser man. Right conduct controls the greater one." - Chinese Proverb