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Why Nations Fail (Read 36299 times)
Ajax
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Re: Why Nations Fail
Reply #180 - Apr 13th, 2014 at 9:31pm
 
My 2 cents,

It started in the 1980s & 90s as the New World Order that didn't sound too good cause that was the slogan of Hitler.

So they called it Globalization.

That didn't go down too well either, cause we would ask do we loose our identity???????? here or what...........!!!!!

So now they have renamed it to FREE TRADE.

That's why nations are failing look at Europe but you don't have to go there just look at our own backyard.

GMH, FORD, BP, ALCOA, BOEING.

All because of free trade.

That's right these hungry mungrels are taking our jobs to asia where they pay those people cents to do the same job.

All because all governments around the world will not protect their countries and have sold the shirts of there backs.

That's why Nations fail.
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1. There has never been a more serious assault on our standard of living than Anthropogenic Global Warming..Ajax
2. "One hour of freedom is worth more than 40 years of slavery &  prison" Regas Feraeos
 
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freediver
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Re: Why Nations Fail
Reply #181 - Apr 13th, 2014 at 9:34pm
 
True. We could all be very successful basket weavers. But free trade forces us to make billions shipping dirt to Asia, while they make everything for us.
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Ajax
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Re: Why Nations Fail
Reply #182 - Apr 13th, 2014 at 10:14pm
 
freediver wrote on Apr 13th, 2014 at 9:34pm:
True. We could all be very successful basket weavers. But free trade forces us to make billions shipping dirt to Asia, while they make everything for us.


I wish we did make billions shipping dirt to Asia but unfortunately we don't.

Mining corporations only give 6% of the takings to the host nations the rest is thiers.

A few years ago BHP Billiton made $25 billion that's billion dollars profit.

Our stupid government only got 6%.

If it was up to me I would tell them all to bugger off and we dig it up and sell it our selves.

So all Australians can share in 100% of the profits.

Serious look it up our dumb governments only get 6%.

Those hand full of rich people must be licking their chops and having a good giggle at our stupidity.
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1. There has never been a more serious assault on our standard of living than Anthropogenic Global Warming..Ajax
2. "One hour of freedom is worth more than 40 years of slavery &  prison" Regas Feraeos
 
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BatteriesNotIncluded
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Re: Why Nations Fail
Reply #183 - Apr 13th, 2014 at 11:17pm
 
Ajax wrote on Apr 13th, 2014 at 10:14pm:
freediver wrote on Apr 13th, 2014 at 9:34pm:
True. We could all be very successful basket weavers. But free trade forces us to make billions shipping dirt to Asia, while they make everything for us.


I wish we did make billions shipping dirt to Asia but unfortunately we don't.

Mining corporations only give 6% of the takings to the host nations the rest is thiers.

A few years ago BHP Billiton made $25 billion that's billion dollars profit.

Our stupid government only got 6%.

If it was up to me I would tell them all to bugger off and we dig it up and sell it our selves.

So all Australians can share in 100% of the profits.

Serious look it up our dumb governments only get 6%.

Those hand full of rich people must be licking their chops and having a good giggle at our stupidity.

Australia is quite corrupt: money is made hand over fist and we get served up the likes of copper internet and still think we're rock stars  Grin

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*Sure....they're anti competitive as any subsidised job is.  It wouldn't be there without the tax payer.  Very damned difficult for a brainwashed collectivist to understand that I know....  (swaggy) *
 
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True Colours
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Re: Why Nations Fail
Reply #184 - Apr 13th, 2014 at 11:22pm
 
Ajax wrote on Apr 13th, 2014 at 10:14pm:
freediver wrote on Apr 13th, 2014 at 9:34pm:
True. We could all be very successful basket weavers. But free trade forces us to make billions shipping dirt to Asia, while they make everything for us.


I wish we did make billions shipping dirt to Asia but unfortunately we don't.

Mining corporations only give 6% of the takings to the host nations the rest is thiers.

A few years ago BHP Billiton made $25 billion that's billion dollars profit.

Our stupid government only got 6%.

If it was up to me I would tell them all to bugger off and we dig it up and sell it our selves.

So all Australians can share in 100% of the profits.

Serious look it up our dumb governments only get 6%.

Those hand full of rich people must be licking their chops and having a good giggle at our stupidity.


It's a strange system. All mines should be nationalised. Mining companies can then provide tenders for contracts to dig the stuff up for us.
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ian
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Re: Why Nations Fail
Reply #185 - Apr 14th, 2014 at 12:36am
 
Communism has been tried. It doesnt work. Just ends up being an extreme form of capitalism.
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Ajax
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Re: Why Nations Fail
Reply #186 - Apr 14th, 2014 at 6:52pm
 
ian wrote on Apr 14th, 2014 at 12:36am:
Communism has been tried. It doesnt work. Just ends up being an extreme form of capitalism.


Hi Ian

I don't know how old you are but I have lived through both government own and privatization.

Now when our government owned the commonwealth bank, our telecommunications, public transport, our utilities.

We most certainly where not a communist nation, never have been and I hope never will be.

When this was the case our governments  had the cash cows at their finger tips.

Commonwealth bank was making $5 billion dollars profit per annum when it was sold, WTF sell it.....?????...to a few rich men at the expense of the Australian population.

You know that when the RBA passes a interest reduction the commonwealth under the government would have passed it on verbatim.

Now there all privatized they give us Sophia Loren stories with crocodile tears that they cant afford to pass the full cut to us plebs.

By privatizing our commonwealth bank they killed off any competition, otherwise where would you bank.

Telstra was making $7 billion per annum again WTF sell it to a few rich men...................................!!!!!

When our government had all these things at their finger tips and needed money they would rise the price of everything just a little and presto there's the money.

Now they have sold the shirts of their backs they only road to revenue is taxing all of us, that's all they have left.

We should throw all minister from Bob Hawke onwards in jail for what they have done to our great nation.

There is many forms of capitalism, today we seem to be practicing the worst possible one.

One mans idea Milton Freidman and his theory to put corporations in charge of everything and the rest will sort its self out.

b
b
b
ullishit.

Freidman's capitalism and Marx's communism are two sides of the same coin.

If WA is in debt to the tune of $30 billion after coming out of a mining boom this system is broken.

I only hope we don't end up on the streets before anything is done about it.
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1. There has never been a more serious assault on our standard of living than Anthropogenic Global Warming..Ajax
2. "One hour of freedom is worth more than 40 years of slavery &  prison" Regas Feraeos
 
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Re: Why Nations Fail
Reply #187 - Apr 14th, 2014 at 7:18pm
 
Quote:
Mining corporations only give 6% of the takings to the host nations the rest is theirs.


Crap. Most of it goes to employees. Guess who they are?

Quote:
It's a strange system. All mines should be nationalised. Mining companies can then provide tenders for contracts to dig the stuff up for us.


It's a lot simpler to just tax it and let the companies drive strategy. The last thing you want is politicians trying to run a mine. The independent strategic decisions required for running and directing a mining operation are totally incompatible with the interests and motivations of a politician. You complain about the mining companies making huge profits. Nationalising them would simply destroy those profits and the jobs, not direct them to the government.

Quote:
Commonwealth bank was making $5 billion dollars profit per annum when it was sold, WTF sell it.....?????


Because the government is not in the business of running banks. Private companies can do it much better.
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Ajax
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Re: Why Nations Fail
Reply #188 - Apr 14th, 2014 at 7:50pm
 
Quote:
Crap. Most of it goes to employees. Guess who they are?


Do you understand what profit means..........?????

http://www.theaustralian.com.au/business/sting-in-bhps-23bn-record-as-marius-klo...

Quote:
It's a lot simpler to just tax it and let the companies drive strategy. The last thing you want is politicians trying to run a mine. The independent strategic decisions required for running and directing a mining operation are totally incompatible with the interests and motivations of a politician. You complain about the mining companies making huge profits. Nationalising them would simply destroy those profits and the jobs, not direct them to the government.


If politicians cant run a company what the hell are they doing trying to run a country.

The same structures would still be in place, a CEO a board but the government would own it.

Quote:
Because the government is not in the business of running banks. Private companies can do it much better.


Who told you that Milton Freidman was it...?????
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Re: Why Nations Fail
Reply #189 - Apr 14th, 2014 at 8:09pm
 
Quote:
If politicians cant run a company what the hell are they doing trying to run a country.


They can run a company. Most would be pretty good at it. There are two main issues. One, it is not the government's core business. Two, there is a very strong conflict of interest inherent in the government being in charge of what is in all other aspects a private enterprise. It is basically the communism vs capitalism argument. Communism fails spectacularly because all the businesses are nationalised. Nationalising some of the businesses fails, but less spectacularly so.

Quote:
The same structures would still be in place, a CEO a board but the government would own it.


The problem is that the decisions being made would be governed by the political interests of the politicians - that are often directly opposed to more competitive or efficient delivery of service.

Quote:
Who told you that Milton Freidman was it...?????


It's called thinking for yourself. The government has no business running a bank.
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Ajax
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Re: Why Nations Fail
Reply #190 - Apr 14th, 2014 at 8:30pm
 
Quote:
They can run a company. Most would be pretty good at it. There are two main issues. One, it is not the government's core business. Two, there is a very strong conflict of interest inherent in the government being in charge of what is in all other aspects a private enterprise. It is basically the communism vs capitalism argument. Communism fails spectacularly because all the businesses are nationalised. Nationalising some of the businesses fails, but less spectacularly so.


Our past governments labor/liberal both ran the commonwealth bank for eons without interfering in the day to day running of the bank and when it was sold in the mid nineties was racking in $5 billion dollars profit per annum.

Why sell it to a few filthy rich men....??????

When all of Australia would have prospered from our governments owning it......?????

If they had all these cash cows, our pensioners would be shopping top shelf not bottom of the barrel.

Now a few pigs that own big oil and have their fingers in most pies reap the rewards the commonwealth bank would have otherwise given back to the Australian people.

Quote:
The problem is that the decisions being made would be governed by the political interests of the politicians - that are often directly opposed to more competitive or efficient delivery of service.


For years our governments ran the commonwealth bank without interfering in its day to day running, why should it be any different now...????

Its not labor's bank its not the liberals bank it was the Australian people's bank.

Quote:
It's called thinking for yourself. The government has no business running a bank.


Your wrong when its the assets of the Australian public then its their business.

I suppose your in favour of our RBA being in the hands of a few rich bankers, so every time we get a loan we have to pay interest on it.

Well I say the government should p!ss these pigs off and print its own money without having to pay interest on loans.


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« Last Edit: Apr 14th, 2014 at 8:49pm by Ajax »  

1. There has never been a more serious assault on our standard of living than Anthropogenic Global Warming..Ajax
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Re: Why Nations Fail
Reply #191 - Apr 14th, 2014 at 9:24pm
 
You have no idea at all what is going on do you Ajax?
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Ajax
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Re: Why Nations Fail
Reply #192 - Apr 14th, 2014 at 9:37pm
 
freediver wrote on Apr 14th, 2014 at 9:24pm:
You have no idea at all what is going on do you Ajax?


I'm all ears................................................
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Re: Why Nations Fail
Reply #193 - Apr 16th, 2014 at 9:44pm
 
Nationalising every industry is an incredibly stupid idea. Nationalising the banks, auto industry, or whatever other industry some idiot is getting wound up about is also an incredibly stupid idea, just on a smaller scale. Justifying it by saying it "belongs to the people" is circular reasoning. One big reason it is a bad idea is because the politicians have the wrong incentives. They know perfectly well how to run them properly. They choose not to. Why run it efficiently and see someone else get the money and you loose your job, when you can run it inefficiently and get more votes and secure your power?
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Re: Why Nations Fail
Reply #194 - Jul 3rd, 2014 at 7:52am
 
freediver wrote on Apr 16th, 2014 at 9:44pm:
Nationalising every industry is an incredibly stupid idea. Nationalising the banks, auto industry, or whatever other industry some idiot is getting wound up about is also an incredibly stupid idea, just on a smaller scale. Justifying it by saying it "belongs to the people" is circular reasoning. One big reason it is a bad idea is because the politicians have the wrong incentives. They know perfectly well how to run them properly. They choose not to. Why run it efficiently and see someone else get the money and you loose your job, when you can run it inefficiently and get more votes and secure your power?

Why can't privately run industry be 'inefficient'?

You are implicitly defining 'efficiency' but when you are dealing with the worlds minerals why should the use of those minerals be defined as being used 'efficiently' by private means?


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*Sure....they're anti competitive as any subsidised job is.  It wouldn't be there without the tax payer.  Very damned difficult for a brainwashed collectivist to understand that I know....  (swaggy) *
 
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