http://www.dailyreckoning.com.au/precious-metals/2008/01/14/ An independent perspective on the Australian and global investment markets Sat, 21 Nov 2009 10:39:45 -0600 http://wordpress.org/?v=2.8 hourly 1 http://www.dailyreckoning.com.au/precious-metals/2008/01/14/comment-page-1/#comment-5998 Dayahka Mon, 14 Jan 2008 05:46:25 +0000 http://www.dailyreckoning.com.au/precious-metals/2008/01/14/#comment-5998 Your final sentence is that "[I]t’s a bit ironic that the capitalists are seeking a bail out from the Statists and former communists." However, the sentence contains falsehoods: America's economy is hardly capitalistic (unless you mean state or corporate capitalism). The American economy is "owned" by the corporations and the state; the so-called consumers are merely debtors (everything they buy is on credit) and slaves to those who lend them the money. And these slaves have no real knowledge of who they owe for anything: who "owns" the house or car or credit card? It could be that some people here and there and other people here and there "own" us (so we are slaves to invisible owners). It would appear, then, that it would be best to have said: It is ironic that statists and corporatists in the US are begging capitalists in Asia to bail them out. Your final sentence is that "[I]t’s a bit ironic that the capitalists are seeking a bail out from the Statists and former communists." However, the sentence contains falsehoods: America's economy is hardly capitalistic (unless you mean state or corporate capitalism). The American economy is "owned" by the corporations and the state; the so-called consumers are merely debtors (everything they buy is on credit) and slaves to those who lend them the money. And these slaves have no real knowledge of who they owe for anything: who "owns" the house or car or credit card? It could be that some people here and there and other people here and there "own" us (so we are slaves to invisible owners). It would appear, then, that it would be best to have said: It is ironic that statists and corporatists in the US are begging capitalists in Asia to bail them out.

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