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Hurrican Hugo keeps wanting socialism for all.

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Posted

Nothing new to see here. But, isn't his form of socialism discriminating against creative and free thinkers who have ambition?

Socialism in it's full form SUCKS. Small scale for targeted segements, sure, maybe. But entire continents? Come on Hugo.

"Capitalism needs to go down. It has to end. And we must take a transitional road to a new model that we call socialism."

Iran's president, Mahmoud Ahmadinejad, shared that critique, saying "some decisions by the world leaders cannot restore dead imperialism." The two leaders, appearing Friday at the inauguration of joint commercial bank, referred to their nations as the "G-2."

What epic morons. :cool:

http://www.cnbc.com/id/30031377

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Posted

I think everyone is using this opportunity to draw support for the ideologies they believe in while blaming those they don't. If they think gov regulation is bad, then gov regulation caused the collapse. If they think capitalism is bad, then capitalism caused the collapse. If people think greedy bankers are bad, then greedy bankers caused the collapse. Everyone is too busy gathering their 'targets of opportunity' to really analyzed what happened and how to prevent it in the future.

I personally think the blame is on our allowance of 'too big to fail' companies. I view it, in a way, as the opposite of antitrust laws. We came up with laws to prevent companies from being able to dominate markets, we should come up with laws to prevent companies from destroying markets. Easier said than done, but necessary imo.

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Posted

I think blame can go in all directions.

We love the golden goose as long as it's laying golden eggs.When those eggs aren't gold we eat the goose.

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Posted

You know how to prevent too big to fail? Enable the little guys to compete with the big boys.

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Posted

You know how to prevent too big to fail? Enable the little guys to compete with the big boys.

can't happen in laissez faire capitalism.

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Posted

can't happen in laissez faire capitalism.

neither will it happen is socialism

capitalism for biz, socialism for education/health.

and Hugo's definition of socialism is a far cry from the real thing.

He "gave" land back to the indigineous Venez's and put the rich out. Now there is a brain drain and a talent exodus. Add to that jackass is trying to rewrite(it he hasn't already) term limits.

You can not mandate and legislate people's drive and ambition. The cream rises to the top is a cliche for a reason. It's true.

But like coffee farmers in poor countries are finally getting proper agreements for the ability to compete you do have to find a way to create an avenue for others to make a living.

I like socialism to be the size of a couch, not the whole freaking house.

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Posted

Chavez among most things is a hypocrite...While he lives high on the PEOPLE'S hog, he champions the poor man. What an assbag. He really can't be removed soon enough.

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Posted

can't happen in american quasi-mercantilism.

fixxored

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Posted

The economist on Venezuela

DURING a turbulent decade in power, Venezuela’s president, Hugo Chávez, has been greatly helped by his own remarkable ability to inspire loyalty among ordinary Venezuelans on the one hand, and the sharp rise in the price of oil, the country’s only significant export, on the other. But the world price of oil has fallen from a peak of $147 last July to $40. And popular discontent with Mr Chávez’s corrupt and autocratic regime is mounting. So 2009 looks like being a difficult year for Mr Chávez and his “Bolivarian revolution”.

Re-elected as president in December 2006, Mr Chávez is not due to leave office until January 2013. But he is rushing to hold a referendum on a constitutional amendment that would remove the limit on further presidential terms. This measure has already been defeated once, albeit narrowly, in a referendum on a wider bundle of constitutional proposals in December 2007. As five years of oil-induced economic boom turn to imminent bust, Mr Chávez needs to move fast, lest the mood of the electorate should turn decisively against him.

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