tag:blogger.com,1999:blog-16816866.post7743574956907246157..comments2024-02-29T02:10:56.878-08:00Comments on J O S H U A P U N D I T: The New ObamaCare Taxes And Fees Coming In2014Freedom Fighterhttp://www.blogger.com/profile/13649470110087808596noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-16816866.post-82854471221726205662013-12-26T18:58:02.249-08:002013-12-26T18:58:02.249-08:00Eventually the whole system will collapse of its o...Eventually the whole system will collapse of its own weight but that would be EXTREMELY painful for many good people. I pray it does not come to that. Hopefully this whole thing will be repealed before this happens.<br /><br />The problem is socialism does not work. Whenever it has been tried, it has failed. The only thing keeping it afloat in some cases has been 1.)massive low interest, no strings attached loans from the IMF usually at the expense of the American taxpayer (essentially gifts at the expense of "capitalist" America, 2.)selling oil or other natural resources to "capitalist" America at inflated prices that America spent the money and research extracting and bringing to market, or 3.)some combination of 1 and 2. Now that America has decided to go fully socialist/communist who is going to bail out America when it's experiment fails the same as the others did or would have without America to bail them out?<br /><br />Btw, I think Milton Friedman had it about right when he stated that the biggest supporters of socialism are university professors and high ranking business executives for large corporations. Also, for America's economic system "capitalism" is in parantheses because America has not practiced a true capitalist economic system for decades. The economic system used by America is more like a socialist/capitalist hybrid that is closer to socialism and getting closer to that system almost by the day. B.Posternoreply@blogger.comtag:blogger.com,1999:blog-16816866.post-29775036278558363172013-12-26T12:27:49.644-08:002013-12-26T12:27:49.644-08:00Expect a Soviet-style 'black market' econ...<i>Expect a Soviet-style 'black market' economy based on barter, off th ebooks employment and under the table cash sales to develop as well.</i><br /><br />here's an off-the-books question for ff.<br />and just what would one of the merchandise be that you would expect to quadruple in price?<br />louielouienoreply@blogger.com