Objectivity

[quote]pushharder wrote:

[quote]pittbulll wrote:
…but the true owners of the bank are the depositers[/quote]

Pitt, this is only true in the case of mutual banks. If that’s what you want then deposit your money there but don’t claim ownership in a commercial bank based on your particular whims.

http://en.wikipedia.org/wiki/Mutual_savings_bank[/quote]

That is exactly what I am talking about, profit belongs to depositor:) Thanks

I’m not sure why you think you have a say in a bank because you have deposited money there. You don’t get a say in any other business because you partake of their product or service.

Helping the ‘little man’ needs to be relegated to philanthropy. The government wasting money that isn’t theirs (and at this point, that they don’t even have) is obscene.

[quote]pittbulll wrote:

[quote]Scuba19 wrote:

[quote]pittbulll wrote:

[quote]katzenjammer wrote:

May I ask, who do you think makes up the “free market”? We’re going to rape ourselves? [/quote]

While we can own small shares of any public Corp. we have very little say on the way a Corp runs. The CEO, CFO, all the vice Pres. All the officers, control the corp. I may also say they are the ones that can Rob that Corp through extravagant Salaries and Compensations.

I think when the Congress fashioned the Laws pertaining to the Corporation; they never imagined the machines that runs our world today.
[/quote]

You have to realize that the consumers control the corporation. If people don’t buy their product(s), then they will cease to exist. Everyone complains about Wal-mart and the loss of jobs to over seas, but it is their actions which have caused this.

The consumers have the control in a free market.[/quote]

That is what big business wants you to believe, what would change from the way thing work today? Why do not the consumers control the market? I contend the same reasons would prevail in a free market.[/quote]

But they do.

You just do not like what it looks like when the consumer is in control and therefore conclude that he isnt.

[quote]orion wrote:

[quote]pittbulll wrote:

[quote]Scuba19 wrote:

[quote]pittbulll wrote:

[quote]katzenjammer wrote:

May I ask, who do you think makes up the “free market”? We’re going to rape ourselves? [/quote]

While we can own small shares of any public Corp. we have very little say on the way a Corp runs. The CEO, CFO, all the vice Pres. All the officers, control the corp. I may also say they are the ones that can Rob that Corp through extravagant Salaries and Compensations.

I think when the Congress fashioned the Laws pertaining to the Corporation; they never imagined the machines that runs our world today.
[/quote]

You have to realize that the consumers control the corporation. If people don’t buy their product(s), then they will cease to exist. Everyone complains about Wal-mart and the loss of jobs to over seas, but it is their actions which have caused this.

The consumers have the control in a free market.[/quote]

That is what big business wants you to believe, what would change from the way thing work today? Why do not the consumers control the market? I contend the same reasons would prevail in a free market.[/quote]

But they do.

You just do not like what it looks like when the consumer is in control and therefore conclude that he isnt.
[/quote]

That is a silly reply, how do you respond to silly?

Pitt, it’s this thread that’s silly. You’re getting spot-on answers but don’t seem to recognize reason. shrugs

:slight_smile:

[quote]Cameron_Phillips wrote:
I’m not sure why you think you have a say in a bank because you have deposited money there. You don’t get a say in any other business because you partake of their product or service.

Helping the ‘little man’ needs to be relegated to philanthropy. The government wasting money that isn’t theirs (and at this point, that they don’t even have) is obscene.[/quote]

Banks use the capital from their deposits for the amount of money they are allowed to lend and invest it is my money and all others that have deposited , when I make a deposit the use my deposit as a product , kind of like when I donate blood, Difference is I want a better return on my deposit. I also would like my money to go to causes more worth than a muti million dollar compensation package.

If you think Montag was worth 30 million, then we are wasting our finger tips :slight_smile:

I do not understand how all the people on these forums can be so down on the Gov. fucking us, but when Corporate America does it everybody acts as though they like it. . I donâ??t get it. I want to control our Gov and I want to control the ethics that business use in dealing with me and you

[quote]pittbulll wrote:

[quote]Cameron_Phillips wrote:
I’m not sure why you think you have a say in a bank because you have deposited money there. You don’t get a say in any other business because you partake of their product or service.

Helping the ‘little man’ needs to be relegated to philanthropy. The government wasting money that isn’t theirs (and at this point, that they don’t even have) is obscene.[/quote]

Banks use the capital from their deposits for the amount of money they are allowed to lend and invest it is my money and all others that have deposited , when I make a deposit the use my deposit as a product , kind of like when I donate blood, Difference is I want a better return on my deposit. I also would like my money to go to causes more worth than a muti million dollar compensation package.

If you think Montag was worth 30 million, then we are wasting our finger tips :slight_smile:

I do not understand how all the people on these forums can be so down on the Gov. fucking us, but when Corporate America does it everybody acts as though they like it. . I donâ??t get it. I want to control our Gov and I want to control the ethics that business use in dealing with me and you[/quote]

First off, I don’t know how you can’t realize that the consumers control the free market. It’s crystal clear. Consumers dictate what happens by buying goods. They dictate prices, what companies stay afloat, if a market for a particular good will exist, etc.

Second of all, there is a huge difference between having the government control something, and having a company control something. The government is involuntary while a company is voluntary. You have to pay the government what they say, no matter if you want to or not while a company can’t make you do shit. Government is hugely inefficient, and you will never change that.

You really need to realize that you can’t control the government. Why do you think some of the most brilliant people in the history of the world created a system of small government, low taxes, and liberty? The bigger it gets and the more it grows, the more difficult it is to “rein it in”.

As for your comment about controlling what ethics businesses use, you can’t. Nobody has a say in how a private entity does it’s business (unless their breaking laws). Don’t like their practices? Then don’t buy their product.

The reason prices of goods are so high is because people are willing to pay them. The reason we have the goods we do is because there is demand for them. Consumers control the system.

[quote]Scuba19 wrote:

[quote]pittbulll wrote:

[quote]Cameron_Phillips wrote:
I’m not sure why you think you have a say in a bank because you have deposited money there. You don’t get a say in any other business because you partake of their product or service.

Helping the ‘little man’ needs to be relegated to philanthropy. The government wasting money that isn’t theirs (and at this point, that they don’t even have) is obscene.[/quote]

Banks use the capital from their deposits for the amount of money they are allowed to lend and invest it is my money and all others that have deposited , when I make a deposit the use my deposit as a product , kind of like when I donate blood, Difference is I want a better return on my deposit. I also would like my money to go to causes more worth than a muti million dollar compensation package.

If you think Montag was worth 30 million, then we are wasting our finger tips :slight_smile:

I do not understand how all the people on these forums can be so down on the Gov. fucking us, but when Corporate America does it everybody acts as though they like it. . I don�¢??t get it. I want to control our Gov and I want to control the ethics that business use in dealing with me and you[/quote]

First off, I don’t know how you can’t realize that the consumers control the free market. It’s crystal clear. Consumers dictate what happens by buying goods. They dictate prices, what companies stay afloat, if a market for a particular good will exist, etc.

Second of all, there is a huge difference between having the government control something, and having a company control something. The government is involuntary while a company is voluntary. You have to pay the government what they say, no matter if you want to or not while a company can’t make you do shit. Government is hugely inefficient, and you will never change that.

You really need to realize that you can’t control the government. Why do you think some of the most brilliant people in the history of the world created a system of small government, low taxes, and liberty? The bigger it gets and the more it grows, the more difficult it is to “rein it in”.

As for your comment about controlling what ethics businesses use, you can’t. Nobody has a say in how a private entity does it’s business (unless their breaking laws). Don’t like their practices? Then don’t buy their product.

The reason prices of goods are so high is because people are willing to pay them. The reason we have the goods we do is because there is demand for them. Consumers control the system.[/quote]

I agree we have no control of our Gov. but if we as a whole were more aware and did not just vote the way Rush thinks is best , we would have a greater control of our Gov.

Where do they have a free market on Banking and Insurance as an example of your statement ?

We have control of small markets like Clothing, food and most mercantile. But things that are monopolistic like banks health care and the like you can not reasonably do with out these things.

These things are also usually so complicated and the contracts so broadly written that is gives the providers just about any option they like , Most people that transact with Banks and Health care insurance companies do not understand the contracts , most can not afford an Attorney .

I believe if you do business with the public via. a contract. The contact should be written on an elementary level. I doubt that most our Congressmen could understand most of these contracts

[quote]pittbulll wrote:

[quote]Scuba19 wrote:

[quote]pittbulll wrote:

[quote]Cameron_Phillips wrote:
I’m not sure why you think you have a say in a bank because you have deposited money there. You don’t get a say in any other business because you partake of their product or service.

Helping the ‘little man’ needs to be relegated to philanthropy. The government wasting money that isn’t theirs (and at this point, that they don’t even have) is obscene.[/quote]

Banks use the capital from their deposits for the amount of money they are allowed to lend and invest it is my money and all others that have deposited , when I make a deposit the use my deposit as a product , kind of like when I donate blood, Difference is I want a better return on my deposit. I also would like my money to go to causes more worth than a muti million dollar compensation package.

If you think Montag was worth 30 million, then we are wasting our finger tips :slight_smile:

I do not understand how all the people on these forums can be so down on the Gov. fucking us, but when Corporate America does it everybody acts as though they like it. . I don�?�¢??t get it. I want to control our Gov and I want to control the ethics that business use in dealing with me and you[/quote]

First off, I don’t know how you can’t realize that the consumers control the free market. It’s crystal clear. Consumers dictate what happens by buying goods. They dictate prices, what companies stay afloat, if a market for a particular good will exist, etc.

Second of all, there is a huge difference between having the government control something, and having a company control something. The government is involuntary while a company is voluntary. You have to pay the government what they say, no matter if you want to or not while a company can’t make you do shit. Government is hugely inefficient, and you will never change that.

You really need to realize that you can’t control the government. Why do you think some of the most brilliant people in the history of the world created a system of small government, low taxes, and liberty? The bigger it gets and the more it grows, the more difficult it is to “rein it in”.

As for your comment about controlling what ethics businesses use, you can’t. Nobody has a say in how a private entity does it’s business (unless their breaking laws). Don’t like their practices? Then don’t buy their product.

The reason prices of goods are so high is because people are willing to pay them. The reason we have the goods we do is because there is demand for them. Consumers control the system.[/quote]

I agree we have no control of our Gov. but if we as a whole were more aware and did not just vote the way Rush thinks is best , we would have a greater control of our Gov.

Where do they have a free market on Banking and Insurance as an example of your statement ?

We have control of small markets like Clothing, food and most mercantile. But things that are monopolistic like banks health care and the like you can not reasonably do with out these things.

These things are also usually so complicated and the contracts so broadly written that is gives the providers just about any option they like , Most people that transact with Banks and Health care insurance companies do not understand the contracts , most can not afford an Attorney .

I believe if you do business with the public via. a contract. The contact should be written on an elementary level. I doubt that most our Congressmen could understand most of these contracts
[/quote]

I understand where you’re coming from in trying to make sure that people don’t get shafted. However, it is up to the consumer to look out for themselves and be informed. When the government starts regulating and intervening, citizens start losing their liberty.

The reason there is not a free market on banking and insurance is not because of the firms, but rather the government. Government regulation restricts and limits competition. Many times when regulations are passed, there’s actually some company behind it. Bottom line: government regulation/intervention fucks shit up, period.

[quote]Scuba19 wrote:

[quote]pittbulll wrote:

[quote]Scuba19 wrote:

[quote]pittbulll wrote:

[quote]Cameron_Phillips wrote:
I’m not sure why you think you have a say in a bank because you have deposited money there. You don’t get a say in any other business because you partake of their product or service.

Helping the ‘little man’ needs to be relegated to philanthropy. The government wasting money that isn’t theirs (and at this point, that they don’t even have) is obscene.[/quote]

Banks use the capital from their deposits for the amount of money they are allowed to lend and invest it is my money and all others that have deposited , when I make a deposit the use my deposit as a product , kind of like when I donate blood, Difference is I want a better return on my deposit. I also would like my money to go to causes more worth than a muti million dollar compensation package.

If you think Montag was worth 30 million, then we are wasting our finger tips :slight_smile:

I do not understand how all the people on these forums can be so down on the Gov. fucking us, but when Corporate America does it everybody acts as though they like it. . I don�??�?�¢??t get it. I want to control our Gov and I want to control the ethics that business use in dealing with me and you[/quote]

First off, I don’t know how you can’t realize that the consumers control the free market. It’s crystal clear. Consumers dictate what happens by buying goods. They dictate prices, what companies stay afloat, if a market for a particular good will exist, etc.

Second of all, there is a huge difference between having the government control something, and having a company control something. The government is involuntary while a company is voluntary. You have to pay the government what they say, no matter if you want to or not while a company can’t make you do shit. Government is hugely inefficient, and you will never change that.

You really need to realize that you can’t control the government. Why do you think some of the most brilliant people in the history of the world created a system of small government, low taxes, and liberty? The bigger it gets and the more it grows, the more difficult it is to “rein it in”.

As for your comment about controlling what ethics businesses use, you can’t. Nobody has a say in how a private entity does it’s business (unless their breaking laws). Don’t like their practices? Then don’t buy their product.

The reason prices of goods are so high is because people are willing to pay them. The reason we have the goods we do is because there is demand for them. Consumers control the system.[/quote]

I agree we have no control of our Gov. but if we as a whole were more aware and did not just vote the way Rush thinks is best , we would have a greater control of our Gov.

Where do they have a free market on Banking and Insurance as an example of your statement ?

We have control of small markets like Clothing, food and most mercantile. But things that are monopolistic like banks health care and the like you can not reasonably do with out these things.

These things are also usually so complicated and the contracts so broadly written that is gives the providers just about any option they like , Most people that transact with Banks and Health care insurance companies do not understand the contracts , most can not afford an Attorney .

I believe if you do business with the public via. a contract. The contact should be written on an elementary level. I doubt that most our Congressmen could understand most of these contracts
[/quote]

I understand where you’re coming from in trying to make sure that people don’t get shafted. However, it is up to the consumer to look out for themselves and be informed. When the government starts regulating and intervening, citizens start losing their liberty.

The reason there is not a free market on banking and insurance is not because of the firms, but rather the government. Government regulation restricts and limits competition. Many times when regulations are passed, there’s actually some company behind it. Bottom line: government regulation/intervention fucks shit up, period.[/quote]

How does the customer lose liberties if the Banks become more regulated? The liberty to lose money may be the only one I can see. That is if the Gov. does it right :slight_smile:

I see reasonable regulations as a good thing. We are regulated so that we would go to jail for murder, rape, theft and many other things. With out these regulations the strong would thrive and the weak would be their bitches :slight_smile:

It is the same with business; we can not put a business in jail for thieving, so we need laws that tell Companies with no other goal than to make money, what is thieving and what is not.