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Reply #53: What about us shareholders? [View All]

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hack89 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-29-11 08:36 AM
Response to Reply #50
53. What about us shareholders?
I have some of my retirement fund in bank stocks - as a 99 percenter, do I get compensated?
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  -There is no 'going Socialist', the US is already partially Socialist. The question is how much. stevenleser  Nov-28-11 04:22 PM   #0 
  - 75-90%  Taverner   Nov-28-11 04:28 PM   #1 
  - I should have added some additional figures, by the way...  stevenleser   Nov-28-11 04:42 PM   #3 
  - Has that ever been attempted on a large scale?  hack89   Nov-28-11 04:54 PM   #7 
     - I disagree with that commenter on percentage, but Cuba nationalized all economic activity  stevenleser   Nov-28-11 05:22 PM   #13 
     - But Cuba also centralized economic decision making  hack89   Nov-28-11 05:25 PM   #14 
        - Ah, interesting point, OK. nt  stevenleser   Nov-28-11 05:25 PM   #15 
        - No socialism has ever turned businesses over to the workers as far as I am aware.  joshcryer   Nov-28-11 08:45 PM   #40 
     - No - Never - and what better time than now?  Taverner   Nov-28-11 06:50 PM   #22 
     - Has capitalism failed in countries like Sweden? Norway? Finland?  hack89   Nov-28-11 08:25 PM   #35 
     - It would be impossible without a constitutional ammendment denying the right to private property.  joshcryer   Nov-28-11 08:02 PM   #29 
        - Fortunately I don't see that ever happening. nt  hack89   Nov-28-11 08:26 PM   #36 
        - Not so - Socialism doesn't mean the end of private property  Taverner   Nov-28-11 09:13 PM   #45 
           - Nah. Expropriate without just compensation requires an amendment to private property.  joshcryer   Nov-28-11 11:48 PM   #48 
           - In some cases, the companies have forfeited their right to fair compensation  Taverner   Nov-29-11 08:21 AM   #51 
           - And what do you think is the fair market value of all those companies  hack89   Nov-29-11 05:35 AM   #49 
              - Well some of them have violated so many laws, they don't deserve fair market value  Taverner   Nov-29-11 08:20 AM   #50 
                 - What about us shareholders?  hack89   Nov-29-11 08:36 AM   #53 
                    - Fair compensation for stockholders  Taverner   Nov-29-11 11:13 AM   #59 
                       - Cash out at fair market value? nt  hack89   Nov-29-11 11:55 AM   #60 
  - Socialize medicine; Socialize POLITICS (Public financing of elections); Socialize the public common  Vincardog   Nov-28-11 04:40 PM   #2 
  - Agree with all those, and also utilities IMO. (nt)  redqueen   Nov-28-11 04:44 PM   #4 
  - I include utilities under housing: Heat cooling water and sewerage  Vincardog   Nov-28-11 04:47 PM   #5 
  - I wonder if you would add banking to that. nt  stevenleser   Nov-28-11 04:50 PM   #6 
  - YES state banks should pay for the rest  Vincardog   Nov-28-11 04:55 PM   #8 
  - Of those I think we would have the most trouble socializing housing  jwirr   Nov-28-11 05:54 PM   #16 
  - I am talking about providing everybody minimum standards of each. We could leave the farmers  Vincardog   Nov-28-11 06:16 PM   #18 
     - That would work.  jwirr   Nov-28-11 06:49 PM   #21 
  - How do we socialize the courts?  white_wolf   Nov-28-11 07:08 PM   #24 
  - Public elections of ALL judges  Vincardog   Nov-29-11 10:57 AM   #58 
  - No, public financing has free speech implications, just fix reapportianment. We have too few reps.  joshcryer   Nov-28-11 08:49 PM   #41 
  - We missed a great chance to nationalize the banks.  Enthusiast   Nov-28-11 05:03 PM   #9 
  - There will be many more chances in the future.  Fool Count   Nov-28-11 08:16 PM   #33 
  - Do be wary of confusing and/or conflating  Ghost Dog   Nov-28-11 05:12 PM   #10 
  - Perhaps, but I prefer a simplification. Is an industry publicly or privately owned in whole or in  stevenleser   Nov-28-11 05:21 PM   #12 
  - answer: more....  mike_c   Nov-28-11 05:12 PM   #11 
  - Private ownership of corporations should be the norm  hack89   Nov-28-11 06:14 PM   #17 
  - Your defition of 'socialism' is bizarre to say the least.  former9thward   Nov-28-11 06:18 PM   #19 
  - It's a mixed economy  Major Nikon   Nov-28-11 08:55 PM   #43 
     - It's amazing how many people don't understand this and as a result, we flail around with econ labels  stevenleser   Nov-29-11 10:43 AM   #55 
        - yes, a mixed economy works  newspeak   Nov-30-11 12:38 PM   #66 
  - Clearly the current framework allows business to externalize too many costs.  PETRUS   Nov-28-11 06:24 PM   #20 
  - I wholeheartedly agree with your not so humble opinion  Telly Savalas   Nov-28-11 07:08 PM   #23 
  - You are confusing Socialism with State Capitalism.  Odin2005   Nov-28-11 07:20 PM   #25 
  - There is no such thing as stateless capitalism.  joshcryer   Nov-28-11 07:56 PM   #27 
  - I have a theory  Prophet 451   Nov-28-11 07:55 PM   #26 
  - Ummm, what about energy and water? n/t  AntiFascist   Nov-28-11 08:04 PM   #30 
     - Included in utilities  Prophet 451   Nov-28-11 08:07 PM   #31 
        - I guess it should also include oil/gasoline for autos...  AntiFascist   Nov-28-11 08:12 PM   #32 
           - Hadn't thought of that  Prophet 451   Nov-28-11 08:37 PM   #37 
           - Well, look at it this way...  AntiFascist   Nov-28-11 08:44 PM   #39 
              - OK, you convinced me  Prophet 451   Nov-28-11 10:23 PM   #47 
           - Anything below the ground shouldn't be privately owned  Major Nikon   Nov-28-11 08:59 PM   #44 
  - The US is contantly fighting against becoming more of a social democracy, we're not far from it.  joshcryer   Nov-28-11 08:00 PM   #28 
  - I agree with health care - also add banks and energy. nt  TBF   Nov-28-11 08:19 PM   #34 
     - Banks don't need to be nationalized, credit unions already are public.  joshcryer   Nov-28-11 08:44 PM   #38 
        - Disagree on both counts. We have affordable energy because we keep raiding  TBF   Nov-28-11 08:55 PM   #42 
        - I dont think that is true  stevenleser   Nov-29-11 12:36 PM   #63 
        - Banks' RISK is 100% "socialized". Hence trillions in bankster bailouts.  Romulox   Nov-29-11 08:41 AM   #54 
        - I'm not a big fan of nationalizing many industries at all but I think the banks and financial system  stevenleser   Nov-29-11 10:45 AM   #56 
  - +1 vote for public health insurance  limpyhobbler   Nov-28-11 09:23 PM   #46 
  - Wal Mart employees are socialized  kemah   Nov-29-11 08:33 AM   #52 
  - Who cares if some white boy  Mosaic   Nov-29-11 10:53 AM   #57 
  - Depends solely on  kctim   Nov-29-11 12:30 PM   #61 
  - The Constitution specifically calls for some Socialism, to Wit, Article 1 Section 8  stevenleser   Nov-30-11 11:36 AM   #64 
     - True  kctim   Nov-30-11 12:29 PM   #65 
        - I'm not sure you understand what I am saying. There is no 'change'. We are partially Socialist, as  stevenleser   Nov-30-11 02:06 PM   #69 
           - I understand  kctim   Dec-01-11 12:35 PM   #70 
  - If we look at "general welfare" then ALL of the economy should be socially based --  defendandprotect   Nov-29-11 12:35 PM   #62 
  - The biggest fucking whiners about socialism, are the ones who benefit the most from it.  tjwash   Nov-30-11 12:54 PM   #67 
     - that's just because they are the "we got ours, we don't give a shite about anyone else."  newspeak   Nov-30-11 01:24 PM   #68 
 

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