What is Socialism?

Loan officers know what they are doing. In some cases, they even conspired with the buyer to create false applications. This doesn't happen if the bank has to hold on to the note for the duration.

As far as the unqualified buyer that knowingly went along with this, it wasn't such a bad deal. Many lived rent free for several years, and after they faced eviction, Bush passed an exemption where the debt was forgiven so that they did not have to report the forgiveness as income on their tax return.

The banks who managed to offload their mortgages made big bucks, the dead beats lived free for several years, the loan officers made big commissions as accomplices to these scams, the ratings agencies made it all possible by rating piss poor securities AAA in order to secure business from the banks. Only the US tax payer got screwed.
My point was simply that everyone was greedy, not just the mean ol' banks.
 
My point was simply that everyone was greedy, not just the mean ol' banks.
When greed leads to illegality and goes unpunished, the incentives remain in place to resume illegal activity. Practically none of the people involved had to pay a price in terms of prison.

There is no question that much of the American elite are now above the law. Hillary Clinton is the ultimate example, but there are plenty of others. Jon Corzine comes to mind.
 
See the difference?

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Socialism:

Step 1) Half of Americans work hard
Step 2) Take half of Americans money
Step 3) Give money to the other half of Americans that don't work and also give to the people illegally crossing the southern border.
Step 4) Make sure the Government pocket themselves a great paycheck
Step 5) They run out of spending other peoples money.

A Bonus question? How come we are told we're going to run out of social security money, but never out of welfare money?
 
The Venezuelan government has now decided to deal with the mass food shortages with 'Forced Labor' laws. "All workers from the public and private sector with enough physical capabilities and technical know-how" are to work in agricultural fields on demand. The Socialists have basically enslaved the entire nation. This is always the way it goes with them.

Communists/socialists have never been able to run anything. Every time they have tried, starvation follows.

The pro-socialists in the US and Europe always wail against Fascism. But which form of socialism has the higher death toll in peacetime? It's not close. Eventually, the socialists always fail to feed their people. With the starvation comes massive violent crime. Even STD epidemics, which is exactly what we see in Venezuela right now. Socialism always ends in a horror show.

Lefties love to cry about Pinochet. But his legacy is the best functioning state on the entire continent. Chile has the highest per capita GDP in South America.

Lefties also love to cry about Germany's rightwing version of socialism. God they love to do that. But Germany under the Right never had these types of problems. As of 1938, Germany had the 2nd highest GDP in the entire world.

Lefties also love to cry about Franco and glorify the fight of the Spanish commies in book and film. What a joke. By a quirk, I got to know many old Spaniards, guess what they bemoaned most? They missed Franco and the way the country ran under him! I kid not. At the time the romanticized commies were running around Spain, socialists elsewhere were killing their own citizens by the millions. As one example, Stalin's Forced Starvation of the Ukraine (death by government policy) murdered at least 7 million people, maybe, probably more (maybe 10, 11 or 12 million, who knows?). Fighting for the commies in Spain at the same time this was going on in Ukraine was both gross and insane.

Pinochet got it right! But no lefty who ever lived will ever admit it. The legacy of socialism is and always will be decadence and horror.

If the 20th Century was about anything, it was about this battle of socio-economic systems. The battle was allowed to play itself out. One system created the greatest wealth known to mankind, and lifted more humans out of poverty than all other attempted systems combined. The other left a wake a death and human misery -- killing more people than war or disease. The fact that young Americans today do not know and understand this lesson from the last century is embarrassing, and an extremely poor reflection on our teachers and professors. Shame on them.

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Socialism doesn't just starve humans to death, it starves animals to death too

https://pjmedia.com/lifestyle/2016/...he-nation-endures-devastating-food-shortages/

"Other animals suffer from hunger in the Caracas zoo," the tweet below says. "The bison is so weak that it is being pecked at by turkey buzzards." Turkey buzzards — we call them turkey vultures in the U.S. — usually only eat dead animals and they prefer decomposing carcasses, which gives you an indication of the poor condition of this bison.
 
Venezuela is a great example of why we should do everything in our power to limit government power. Here is an oldie-but-a-goodie that applies to land, but could apply to the free market, and reflects the actions and visions of Maduro, Bernie, Obama, Hillary, and in some ways to Trump:

The law locks up the man or woman
Who steals the goose off the common
But leaves the greater villain loose
Who steals the common from the goose.

The law demands that we atone
When we take things we do not own
But leaves the lords and ladies fine
Who takes things that are yours and mine.

The poor and wretched don’t escape
If they conspire the law to break;
This must be so but they endure
Those who conspire to make the law.

The law locks up the man or woman
Who steals the goose from off the common
And geese will still a common lack
Till they go and steal it back.
 
How come we are told we're going to run out of social security money, but never out of welfare money?
Maybe it's because welfare recipients tend to be younger than social security recipients, and thus have longer lifespans ahead of them in which to be indebted to the Democratic party for the promise of continuing handouts.
 
Maybe it's because welfare recipients tend to be younger than social security recipients, and thus have longer lifespans ahead of them in which to be indebted to the Democratic party for the promise of continuing handouts.

It's because we lie about how Social Security is funded.
 
Mao's Great Leap Forward — an estimated 45 million dead

Why has Hollywood made sooooooooooooooooooo many Hitler/Nazi movies but relatively few about Mao?

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Likewise, Hollywood does not make movies about the mass murder caused by the Soviet version of socialism?

Why is that?

Here, the Katyn Forest Massacre .....
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Another feature of Soviet socialism was the Gulag, or forced labor camp
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Here was Stalin's socialist political policy at work in the Ukraine
This is the true face of socialism -- they call it "The Holomor" -- death not by war but by government policy

No Hollywood movies about this either

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Pol Pot was another socialist

Why are American children no longer taught this history?
(no Hollywood movies about this either - the one made was British)

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Here, at a Chinese labor camp, a forced laborer is punished for being "insufficiently socialistic"

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Here, a Chinese farmer -- why has Hollywood never cared about the plight of these people?
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