Showing posts with label Capitalism. Show all posts
Showing posts with label Capitalism. Show all posts

Gene Simmons: “Capitalism is the best thing that ever happened"

| Sunday, November 13, 2011 | 0 comments |
'Debt crisis like fat people blaming bakers'

by Gene Simmons

THE first thing I would do if I was the benevolent dictator of planet Earth would be to fire all politicians — who are basically university lecturers in positions of power.

They might be able to quote the existential philosophers but that doesn't mean they know how to run businesses.

Countries are businesses — they have imports and exports and you want your exports to be higher than your imports so you can have a profit.

You want to make sure that whatever money you give out to your population is money that you can afford to send out.

Countries are a house of cards — and when the bottom few cards fall down they all topple over. Look at Greece, Ireland, Portugal, Spain and Italy.

If businessmen ran the country, this wouldn't happen. Richard Branson would make a great PM. He's more qualified.

Government makes money by taxing and spending.

It's so simple. If you spend more than you tax, you're out of business. MPs don't know what they're talking about.

And we created this miserable economic state. It's like fat people who think it's the bakery's fault they got fat.

No, you kept going in there and you kept eating cake. It's not the bakery's responsibility to tell you to slow down.

Banks shouldn't have to tell you not to borrow so much.

They're banks — they're supposed to lend you money. If you can't afford to take out £100,000, don't take out a £400,000 mortgage.

It's your responsibility to be a grown-up and take care of yourself.

Thank God we have lending institutions and banks. The planes that fly through the sky, the phones we use every day, the cars we drive, the houses we live in, the entire economy is all funded by firms who borrow in return for interest.

This mess is our fault — corporations have no responsibility.

Capitalism is the best thing that ever happened to human beings. The welfare state sounds wonderful but it doesn't work.

Governments hand out more money than they have to support welfare and they land in debt.

Then they have to borrow money — and then there's interest on top of that.

That's bad business. And it has created a culture of entitlement.

When I was growing up my mother went to work. There was no welfare. If you worked, you made money.

If you didn't work, you had to figure it out — you'd go and wash dishes.

The new breed of 20-year-olds don't want to do those jobs.

So people from other countries come over and are thrilled to get the chance to wipe the floors.

Kiss are the only business-savvy band about and I make no apologies for that.

We outsell The Beatles and Elvis put together.

People say things like: "Oh, you make so much money. What do you need any more for?"

Well, actually, I never asked for your opinion. I'll let you know when I have enough money.

Rush Limbaugh: The True Story of Thanksgiving

| Thursday, November 25, 2010 | 0 comments |

Happy Starvation Day?

| | 0 comments |
by John Stossel

Had today's political class been in power in 1623, today's holiday would have been called "Starvation Day" instead of Thanksgiving. Of course, most of us wouldn't be alive to celebrate it.

Every year around this time, schoolchildren are taught about that wonderful day when Pilgrims and Native Americans shared the fruits of the harvest. But the first Thanksgiving in 1623 almost didn't happen.

Long before the failure of modern socialism, the earliest European settlers gave us a dramatic demonstration of the fatal flaws of collectivism. Unfortunately, few Americans today know it.

The Pilgrims at Plymouth Colony organized their farm economy along communal lines. The goal was to share the work and produce equally.

That's why they nearly all starved.

When people can get the same return with less effort, most people make less effort. Plymouth settlers faked illness rather than working the common property. Some even stole, despite their Puritan convictions. Total production was too meager to support the population, and famine resulted. This went on for two years.

"So as it well appeared that famine must still ensue the next year also, if not some way prevented," wrote Gov. William Bradford in his diary. The colonists, he said, "began to think how they might raise as much corn as they could, and obtain a better crop than they had done, that they might not still thus languish in misery. At length after much debate of things, (I) (with the advice of the chiefest among them) gave way that they should set corn every man for his own particular, and in that regard trust to themselves. And so assigned to every family a parcel of land."

In other words, the people of Plymouth moved from socialism to private farming. The results were dramatic.

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